Forex Brokers in UK

The UK is an internationally renowned financial hub and economic powerhouse, a long-standing trusted home to many European businesses. It boasts one of the biggest concentrations of Forex Brokers in the world today.

Forex Trading Platform in the UK

Forex trading is legal and regulated in the UK, so Trading Platform is related to the broker since you need to open Trading Account with the Broker first and then to use its offered Trading Platform. Therefore, choosing a trading platform that caters to your needs in UK is essential hence is important to find a good reliable broker.

  • In fact, UK Brokers offer very good trading conditions compared to the industry, since follow strict guidelines, therefore Trading Platforms in UK are considered among the best in the world for quality and execution alike. 
  • UK-based brokers are eligible to provide their service all around the world, hence many brokers overseas have established entities in the UK.
  • Forex Brokers and Platforms offering their service in the UK must be authorized and regulated by FCA. Read our FCA regulated brokers
  • However, many fake brokers claim their UK establishment and may use references to license, so is important to check well the Broker you’re going to use and verify licenses on regulatory websites
UK Trading ProsUK Trading Cons
Highly Regulated by FCAMany offshore and scam Brokers attract UK clients
Excellent Client Protection and COmpensation SchemeLimitations on Bitcoin Trading
Negative Balance ProtectionNo higher leverage
UK Brokers are Highly Reputable
Opportunity to use different trading strategies
UK Brokers available for European Traders due to EEA zone

UK Forex Regulation

The UK government took proactive measures to create a safe, secure environment for online traders. By introducing regulations on Forex and CFD brokers they guarded investors against potential volatility while encouraging them to confidently partake in high-risk ventures.

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

For further information check FCA website: www.fca.org.uk, also to keep yourself updated follow FCA official Twitter @TheFCA.

  • 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.
  • The money safety guaranteed by the FSCS (Financial Service Compensation Scheme) 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
  • Among the numerous, even very sharp requirements in regard to operations, the applied authorization provides a safe trading environment to the investors. For more details and Why trade with FCA Regulated Forex Brokers read the detailed article by the link.

Top 5 Best Forex Brokers UK

There are many Good Brokers based in the UK, below you will find a listing of the Best Reviewed Brokers based in the UK with our opinion. The list was created according to the specified criteria and its Trust Scores, so your choice might be lined narrower:

Which US Brokers have UK branches?

Some of the US Brokers with UK entities and branches include Interactive Brokers, IG, and Forex.com.

Is it possible to open account under UK FCA Broker for International Trader?

Yes, since there are no restrictions on international trading on investment, amd FCA is eligible to provide their services overseas non-UK residents can trade or invest in the UK, and they are generally only subject to UK tax.

UK Forex Brokers List

This is the list of Top Forex Brokers that operate in UK or accept clients from UK verified by us:

Broker Detail
HFM
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
1
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP
3
FP Markets Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
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 App
Regulation: FSC, FSA
5
BDSwiss Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB
Eightcap Review
Orbex Review Orbex
Min. Deposit: US$100
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
Orbex Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review
MultiBank Exchange Group logo MultiBank Exchange Group
Min. Deposit: US$50
Max. Leverage: 1:30 | 1:500
Trading Platforms: Maximus Platform, ECN PRO Platfrom, MultiBank Pro Platfrom, MT4, MT5
Regulation: ASIC, BaFin, CIMA, MAS, SCA, etc.
MultiBank Exchange Group Review