Forex Brokers in UK 2020

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
FXCM review FXCM
Min. Deposit: 50 US$ | 300 GBP
Max. Leverage: 1:200 | 1:30
Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader
Regulation: ASIC, FCA, FSCA
FXCM Review
Exness Review Exness
Min. Deposit: 1 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, SFSA
Exness Review
Orbex Review Orbex
Min. Deposit: 200 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, MFSC
Orbex 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
forex.com review Forex.com
Min. Deposit: 50US$
Max. Leverage: 1:40
Trading Platforms: MT4, MT5, FOREX.com Platforms
Regulation: FCA, IIROC, ASIC, CFTC
Forex.com Review
etoro_review eToro
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
Regulation: CySEC,FCA, ASIC
eToro Review
avatrade review AvaTrade
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, AvatradeGo
Regulation: Bank of Ireland, ASIC, JFSA, FSCA
AvaTrade Review
Vantage Prime Review Atom8
Min. Deposit: 2,000 US$
Max. Leverage: 1:30
Trading Platforms: MT4
Regulation: FCA
Atom8 Review
Velocity Trade logo Velocity Trade
Min. Deposit: -
Max. Leverage: 1:30 | 1:200 | 1:400
Trading Platforms: MT4, PFSOFT
Regulation: ASIC, FCA, IIROC, FSB, FMA
Velocity Trade Review
Valbury Capital logo Valbury Capital
Min. Deposit: 10,000 US$
Max. Leverage: 1:30
Trading Platforms: MT4, IRESS, CQG Trader, PATS J-Trader
Regulation: FCA
Valbury Capital Review