Forex Brokers in UK

First of all the United Kingdom is a known financial center and world economy hub, that has always been a trusted location to conduct European businesses and historically, as well as currently presents a significant number of large Forex Brokers.

UK Regulation

The companies who would like to establish the branch in the UK or open its brokerage firm are definitely attracted to provide its services through the popular destinations, yet, while the firm should be registered and fully complied with particular UK regulations.

The UK only authority that oversees the financial operations is its famous Financial Conduct Authority (FCA), for its historical breakdown visit Wikipedia page.

FCA operates the mission to supervise the financial investment activities along with brokerage houses, exchanges or other parties and to ensure the financial markets work properly.

Among the numerous, even very sharp requirements in regards to operations, the applied authorization provides a safe trading environment to the investors, which supply all clients who trade with UK Forex Brokers by clear state. For more details and Why trade with FCA Brokers read the detailed article by the link.

Furthermore, the money safety guaranteed by the FSCS (Financial Service Compensation Scheme) that guarantees investments in case of the authorized company insolvency up to £80,000 per client.

Besides, FCA remains a very active public authority where you can check the record and verify company information through the FCA official website: www.fca.org.uk , as well as follow Twitter @TheFCA where all the updates, warnings or fines are alerted promptly.

UK FCA website

Best Forex Brokers UK

Below you will find a listing of the Best Reviewed Brokers based in the UK or those that serve regulated entity. The list created according to the specified criteria and its Trust Scores, so your choice might be lines narrower.

  • FXTM – Best Overall Broker in UK 2020
  • CityIndex– Lowest Spread Broker in UK 2020
  • Exness– Best MT4 Broker in UK 2020
  • XM– Best Broker for Beginners in UK 2020
  • Pepperstone– Best for Scalping and EA Trading 2020

UK Forex Brokers List

These are the regulated brokers that accept clients from the UK:

Broker Detail
ForexTime FXTM review FXTM
Min. Deposit: US$200
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, MT5, FTXM Trader
Regulation: CySEC,FCA, FSCA
1
FXTM Review
GO Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, WebTrader
Regulation: ASIC, CySEC
2
GO Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: ESMA, CySEC, FSC, NFA, FSA
5
BDSwiss Review
Axiory logo Axiory
Min. Deposit: 50 US$
Max. Leverage: 1:777
Trading Platforms: MT4, cTrader
Regulation: IFSC
Axiory Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
HotForex Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
BlackBull Markets Review
City Index Broker review City Index
Min. Deposit: 100 GBP
Max. Leverage: 1:30
Trading Platforms: Advantage Web, AT Pro, MT4
Regulation: FCA
City Index Review
xm.com_review XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, IFSC
XM Review