Best Forex Brokers UK
View all the best forex brokers for UK based traders.
Updated: December 11, 2025
CMC Markets
CMC Markets is an FCA UK Regulated & Publicly Traded CFD & Spread Bets Broker offering the MT4 Plat...
Min Trade
USD 1
Min Deposit
No
Base Currencies
GBP, USD, EUR
|
IG Markets
IG Markets UK is an FCA regulated firm that offers CFDs & Spread Bets on several instruments
Min Trade
USD 1
Min Deposit
No
Base Currencies
ZAR, USD, GBP, EUR, AUD
|
Oanda
Oanda is an FCA & ESMA Regulated CFD & Spread Bet Provider with No Minimum Deposit & Guaranteed Stop...
Min Trade
USD 1
Min Deposit
No
Base Currencies
USD, EUR
|
TD365
TD365 is an FCA regulated forex broker with no minimum deposits, fixed spread & low trading cost
Min Trade
USD 1
Min Deposit
No
Base Currencies
ALL
|
Pepperstone
Pepperstone is an FCA UK & ASIC Australia regulated forex broker with no minimum deposit & razor thi...
Min Trade
USD 1
Min Deposit
No
Base Currencies
AUD, USD, GBP, EUR, CHF, JPY, SGD, HKD
|
Trading 212
Trading 212 is an FCA UK regulated CFD & Investment Broker with 10 USD Minimum Deposit & Multi Base...
Min Trade
USD 1
Min Deposit
USD 10
Base Currencies
USD, GBP, EUR, CAD, CHF
|
FXCM
FXCM is an FCA Regulated Forex Broker with a 50 GBP Minimum Deposit, Advanced Platforms & Raw Sprea...
Min Trade
GBP 1
Min Deposit
GBP 50
Base Currencies
USD, GBP, AUD, EUR
|
FxPro
FxPro is a native UK forex broker regulated by the FCA & offering advanced trading platforms with a...
Min Trade
USD 1
Min Deposit
USD 100
Base Currencies
USD, GBP, EUR, ZAR, NGN
|
City Index
City Index is an ASIC & FCA regulated trading platform
Min Trade
GBP 1
Min Deposit
No
Base Currencies
AUD, USD
|
Plus500
Plus500 is an FCA Authorized CFD Platform With Spread-Only Accounts & Guaranteed Stops
Min Trade
GBP 1
Min Deposit
GBP 100
Base Currencies
ZAR, USD, AUD
|
eToro
eToro is an FCA regulated trading & investment platform with a $10 minimum deposit for UK traders
Min Trade
USD 1
Min Deposit
USD 10
Base Currencies
GBP, EUR, USD
|
Trade Nation
Trade Nation is a Spread Bet & CFD Broker Offering Fixed Spreads (on spread bets) & variable Spreads...
Min Trade
USD 1
Min Deposit
No
Base Currencies
USD, ZAR
|
XTB
XTB is an FCA UK authorized forex broker with no minimum deposit requirement
Min Trade
USD 1
Min Deposit
No
Base Currencies
USD, GBP, EUR
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Interactive Brokers
Interactive Brokers is an FCA UK & U.S. CFTC regulated trading/investment platform
Min Trade
USD 1
Min Deposit
EUR 2000
Base Currencies
USD, GBP, EUR, CAD, AUD, HKD, NZD
|
Saxo Bank
Saxo is a bank with an FCA UK license to also carry out trading & investment activities.
Min Trade
No
Min Deposit
No
Base Currencies
USD, EUR, GBP, JPY, ZAR, CAD, CHF, DKK, TRY, SEK
|
Tickmill
Tickmill is an international forex broker under strong regulation from the FCA UK, & also accepts cl...
Min Trade
USD 1
Min Deposit
USD 100
Base Currencies
USD, GBP, EUR, ZAR
|
HFM (HF Markets)
HFM is an FCA authorized forex broker with a $50 minimum deposit & a broad range of instruments
Min Trade
USD 1
Min Deposit
USD 50
Base Currencies
DZD, USD, EUR, GBP
|
Spreadex
An FCA UK regulated spreadbetting & CFD trading platform
Min Trade
USD 1
Min Deposit
USD 1
Base Currencies
USD, GBP, EUR
|
Capital.com
FCA Regulated forex broker with $10 minimum deposit & $20 minimum withdrawal
Min Trade
No
Min Deposit
USD 10
Base Currencies
USD, GBP, EUR
|
Who is a Forex Broker?
A forex broker is a registered company that connects traders to the online forex market using electronic platforms & servers.
The forex brokers own all the instruments such as currency pairs & they allow you to speculate on their price movement without owning them.
As their compensation, the forex brokers will charge you a spread (and sometimes commissions) every time you trade.
Because forex brokers hold public deposits, they have to be strictly regulated by government bodies.
What Does It Mean to be a Regulated Forex Broker?
Being a regulated forex broker means that all activities & operations carried out by the broker, are overseen by a government body.
Forex regulation basically tells you whose rules your broker is playing by. Some regulators set strict rules, while some set weak rules.
Tier 1 regulators such as the Financial Conduct Authority (FCA) UK, & Australian Securities & Investments Commission (ASIC) are the best regulators in the forex industry.
Forex brokers have a lot of influence over your trades, and there could easily be conflict of interest or fraud if they are left unchecked. This is why forex brokers need to be regulated.
Not every country regulates forex trading so if there's no regulation where you live, ensure your forex broker is regulated overseas.
Who Regulates Forex Brokers in the UK?
Forex brokers are regulated by government financial market regulators. The strongest forex regulators are those from countries with a high average daily FX turnover.
It is ideal to only trade with a forex broker that is regulated by the FCA UK so you get protection from local UK laws, & you can qualify for FSCS compensation.
| 🌎 Country | 💰 Avg. Daily FX Turnover | ⚖ Regulatory Body | 🛡️ Quality of Regulation |
|---|---|---|---|
| United Kingdom | $3.755 Trillion | Financial Conduct Authority (FCA) UK | Tier-1 |
| United States | $1.912 Trillion | National Futures Association (NFA) | Tier-1 |
| Singapore | $929 Billion | Monetary Authority of Singapore (MAS) | Tier-1 |
| Germany | $184 Billion | Federal Financial Supervisory Authority (aka BaFin) | Tier-1 |
| Canada | $172 Billion | Canadian Investment Regulatory Organization (CIRO) | Tier-1 |
| Australia | $150 Billion | Australian Securities & Investments Commission (ASIC) | Tier-1 |
Who is the Best Forex Broker in the UK?
CMC Markets is the overall best forex broker in UK; but Pepperstone is the forex broker with the best trading platforms.
IG Markets is also the best forex broker in the UK for beginners & Oanda is the best forex broker in the UK for low FX spreads.
Who is the Best Forex Broker UK for Spread Betting?
From our analysis, Pepperstone UK is the best forex broker UK for spread betting.
CMC Markets, Trade Nation, IG Markets & Oanda are equally good forex brokers in UK for spread betting.Who is the Best Forex Broker UK with No Minimum Deposit?
Oanda is the best forex broker in UK that does not require a minimum deposit. This means you can deposit any amount inti your trading account.
CMC Markets, Pepperstone & IG Markets are also good forex brokers in UK with zero minimum deposit.
Who is the Best Forex Broker for Beginners in UK?
IG Markets is the best forex broker in the UK for beginners because of their comprehensive education on the IG Academy. IG also provide a demo account for experimenting & several trading tools for beginners.
Who is the Best Forex Broker in UK for TradingView?
Eightcap is the best forex broker in the UK to use if you want complete access to the TradingView platform at no cost.
Who is the Best Forex Broker UK for NASDAQ?
Tickmill & FxPro are the best forex brokers in UK for Nasdaq trading.
Who is the Best Forex Broker in UK for MT5 Users?
Tickmill is the best forex broker in the UK for MT5.
Who is the Best Forex Broker in UK for cTrader Users?
FxPro is the best forex broker in the UK for cTrader users.
Which Broker Has Best Forex Profit Calculator Tools?
HF Markets UK has the best forex calculator tools for calculating your profit. pip value, lot size, etc.