UK Forex Brokers

UK brokers are regulated by Financial Services Authority FSA, the major regulatory body for financial services and forex brokerages. Along side, another regulator is Financial Conduct Authority, responsible for handling of clients, investments and management. 

UK residents can open account with any broker there is available online. Despite this outstanding freedom, trading with EU licensed an regulated broker has its perks. When you look for regulated UK broker, seek for FSA license number on the broker’s website.

Trading forex (currencies) in the United Kingdom (UK) is popular among residents. Before any fx broker can accept UK forex and CFD traders as clients, they must become authorised by the Financial Conduct Authority (FCA), which is the financial regulatory body in the UK. 

How to Verify FCA Authorisation

To identify if a forex broker is licensed to operate in the United Kingdom (UK), the first step is to identify the register number from the disclosure text at the bottom of the broker’s UK homepage.

To make things a bit easier for you, this section of our forex guide offers a list of top Forex brokers in UK. Now you can review them all and find the top Forex brokers that suit your financial and trading style needs.  

UK Forex Brokers List

Compare Forex Brokers
BrokerMin DepositPlatformsPaymentsLeverageRegulation
eToro1https://forexexplore.com/forex-brokers/etoro-review/2002-https://forexexplore.com/forex-brokers/etoro-review/eToro PlatformnoyesCredit Cards, Debit Cards, Paypal, Neteller, Skrill, Webmoney, Wire Transfer1:30; 1:1 for Crypto CurrenciesEnglish, Spanish, Italian, Portuguese, Russian, Chinese, Arabic, GermannoyesCySec, NFAyesyes101000
AGEA0https://forexexplore.com/forex-brokers/agea-reviews/13$5 no-deposit bonushttps://forexexplore.com/forex-brokers/agea-reviews/Streamster, MetaTrader 4yesyesCredit Cards, Wire, Skrill, Webmoney, e-Dinar, Neteller, FasaPay, Perfect Money1:500Englishnoyes101001
AvaTrade8http://www.avatrade.com/?tag=15741001100% yeshttps://forexexplore.com/forex-brokers/avatrade-review/AvaTrader, MetaTrader 4, MetaTrader Floating Spread, Mac Trading, Web Trading, Mobile Trading, Automatic Trading, AvaOptionsyesyesCredit Cards, Debit Cards, Skrill, Wire Transfer, PayPal, Neteller, WebMoney1:400English, Chinese, Arabic, Spanish, French, Italian, Portuguese, German, IndonesiannoyesCentral Bank of Ireland, ASIC, Financial Services Commission of British Virgin Islandnoyesnoyesyesyes101011
CMCMarkets2https://forexexplore.com/forex-brokers/cmc-markets-review/10.7-https://forexexplore.com/forex-brokers/cmc-markets-review/Next Generation web-basedyesnoCredit cards, Wire Transfer500:1English, Chinese, French, Spanish, GermannonoFCAnonono100001
Tifia1https://forexexplore.com/forex-brokers/tifia-review/102.5https://forexexplore.com/forex-brokers/tifia-review/Metatrader 4, webtraderyesyeswire transfer, credit cards, skrill, neteller, perfect money, fasapay, okpay1:1,000noyesVanuatu Financial Services Commission VFSCyesyesnoyes110001
LiteFinance7https://www.litefinance.com/?uid=90000284110330% + 15%yeshttps://forexexplore.com/forex-brokers/litefinance-review/Metatrader 4, Metatrader 5, WebTerminalyesyes Skrill, Webmoney, Bitcoin, Advcash, Credit Card1:500English, Russian, Chinese, Malaysian, German, Arabic, Partugese, Spanish, French, Hebrew, Japanese, Greek noyesCySEC, Marshal Islands Business Corporation Act.yesnoyesyesyesyesyesyesyes111001
InstaForex7https://www.instaforex.com/?x=JR10.6$100 No Deposit Bonusyeshttps://forexexplore.com/forex-brokers/instaforex-review/MetaTrader 4, Metatrader 5, WebtraderyesyesSome local Bank transfers, PayCo, AstroPay, Cryptocurrency1:1,000English, RussianyesyesRAFMMyesyesyesyes111001
Dukascopy4https://forexexplore.com/forex-brokers/dukascopy-reviews/2500.5-yeshttps://forexexplore.com/forex-brokers/dukascopy-reviews/DukascopyyesyesWire, Bank Guarantee, Standby letter of Credit Segregated Accounts1:500English, French, German, Russian, Spanish, Chinese, Japanese, ArabicKPMG ARIFyes110101
RealTrade1https://forexexplore.com/forex-brokers/realtrade-reviews/203 30% welcome bonushttps://forexexplore.com/forex-brokers/realtrade-reviews/MetaTrader 4noyesCredit Cards, WebMoney, and Wire Transfer1:500English, Russiannononononoyes000001
FxPro5https://forexexplore.com/forex-brokers/fxpro-review/1000.5up to $1,000yeshttps://forexexplore.com/forex-brokers/fxpro-review/FxPro cTrader, FxPro cTrader Web, MT4 Client Terminal, MT4 MultiTerminal, MT4 WebTrader, MT4 Premium yesyesCredit/Debit Card, Bank Wire, PayPal, Neteller, Skrill 1:500Arabic, Chinese, English, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish and Vietnamese nonoFCA, CySECyesyesnoyes101011
FXOpen1https://www.fxopen.com/12$100https://www.forexexplore.com/forex-brokers/fxopen-reviewsMetaTrader 4noyesWire, WebMoney, AlertPay, CashU, c-gold, PerfectMoney1:500EnglishnonoASIC, FCA UK, Financial Dispute Resolution Schemeyesyesnoyesyes111001
PrimeXBT4https://go.primexbt.com/click?pid=2298&offer_id=121https://www.forexexplore.com/forex-brokers/primexbt-reviewPrimeXBT, TurboyesnoCredit Cards1:1000yesASICyesyesyesyes000001
ActivTrades2https://www.forexexplore.com/forex-brokers/activtrades-reviews1002https://www.forexexplore.com/forex-brokers/activtrades-reviewsMetatrader 4, ActivtraderyesyesCredit Card, Wire transfer, neteller, skrill, sofort1:400English, German, Spanish, Italian, French, PortuguesenonoFCA100001
House of Borse1https://www.forexexplore.com/forex-brokers/house-of-borse-review500000.8https://www.forexexplore.com/forex-brokers/house-of-borse-reviewMetaTrader 4noyescredit cards, wire transfer1:100nonoFCA UKyesyesyes100000
FXDD3http://www.fxdd.com/1002-https://www.forexexplore.com/forex-brokers/fxdd-reviewsMetaTrader4, FXDD Trader, Power Trader, FXDD Auto, MTXtremenoyesWire, PayPal, Check, BPS 1:200English, Chinese, Japanese, Russian, Spanish, Portuguese, German, French, Turkish, Arabic, VietnameseyesMalta Financial Services Authority (MFSA)yes111000
FXCM5https://www.forexexplore.com/forex-brokers/fxcm-review2502-yeshttps://www.forexexplore.com/forex-brokers/fxcm-reviewTrading Station II, MetaTrader 4, Active Trader, Forex System Selector noyesCredit/Debit card, Online Check, Bank Wire, Paper Check1:200Spanish, French, Chinese, Russian, Portuguese, German, Italian, ArabicyesUK Financial Conduct Authority, AFSL yesyesyesyes101000
Hotforex2https://www.forexexplore.com/forex-brokers/hotforex-review52100% bonushttps://www.forexexplore.com/forex-brokers/hotforex-reviewMetatrader 4, mobile platform, rapid trader fix/apiyesyescredit cards, skrill, Unionpay, neteller, wire transfer, webmoney, fasapay1:1,000nonoyesnoyes001001
Oanda3https://www.forexexplore.com/forex-brokers/oanda-reviews11.4https://www.forexexplore.com/forex-brokers/oanda-reviewsMetatrader 4, FXtradeyesyescheck, Credit cards, PayPal, Wire transfer1:50English, Chinese, German, Spanish, French, Italian, Portuguese and RussianyesnoNFAnononoyesyes100000
Saxo Bank2http://www.saxobank.com50002 n/ahttps://www.forexexplore.com/forex-brokers/saxobank-reviewsSaxoTradernoyesWire1:100English, Belgium, German, French, Spanish, Italian, Arabic, Romanian, Russian, PolishDanish Financial Services Authority and operates in the UAE100000
Forex.com4http://www.forex.com/502-https://www.forexexplore.com/forex-brokers/forex-reviewsForexTrader platform (in-house), MetaTrader 4yesyeswire transfer, Credit/Debit Card, Check1:200English, Russian, Japanese, Arabic, Turkish, German, Chinese, Albanian, Thai, Italian, Hebrew, GreekyesnoCFTC, NFA, FCA (UK), ASIC (Australia), ILLROC (Canada), SFC (Hong Kong), FFAJ (Japan)yesyesnoyes100000
HYCM4https://www.forexexplore.com/forex-brokers/hycm-reviews100225% up to $5,000https://www.forexexplore.com/forex-brokers/hycm-reviewsMetatrader 4nonocredit cards, wire transfer, Skrill, webmoney1:400English, Chinese, ArabicnonoFCA UK, CySEC, SFCnononoyes100011
AdmiralMarkets1https://forexexplore.com/forex-brokers/admiral-markets-reviews/103n/ahttps://forexexplore.com/forex-brokers/admiral-markets-reviews/MetaTrader 4noyesWire1:200English, Spanish, Russian, Lithuanian, Romanian, Latvian, Bulgarian, Greek, Croatian, Polish, Hungarian, Czech, Italian, Estonian, German, Finnish, Portuguese001000
Alpari2https://forexexplore.com/forex-brokers/alpari-review/1250% Welcomehttps://forexexplore.com/forex-brokers/alpari-review/MetaTrader 4noyesDebit or Credit Card, Wire Transfer1:500English, Chinese, German, and Arabicyesyes011001
Fort Financial Services1https://forexexplore.com/forex-brokers/fort-financial-reviews/53https://forexexplore.com/forex-brokers/fort-financial-reviews/MetaTrader 4, CQG, Ninja trader, binary optionsyesyesCredit cards, webmoney, Skrill, Neteller, perfect money, fasapay, wire transfer1:1,000EnglishnonoIFSCyesyesnoyes110001
Blackwell Global2https://forexexplore.com/forex-brokers/blackwell-global-review/20003-https://forexexplore.com/forex-brokers/blackwell-global-review/MetaTrader 4, Blackwell Pro, Mobileyesyesredit/debit cards, Neteller, Skrill, Wire transfer1:200Arabic, Chinese, English, Greek, Italian, Korean, French, RomanianFinancial Conduct Authority101000
AAAfx2https://forexexplore.com/forex-brokers/aaafx-reviews/3000.2up to 30%https://forexexplore.com/forex-brokers/aaafx-reviews/ZTP, MetaTrader 4, Binary options webtrader, ZulutradeyesyesWire, Credit Card, Skrill, Neteller, giropay, EPS, directpay24, teleingreso, ideal, qiwi, Bitcoin1:200Arabic, Chinese, English, French, German, Greek, Italian, Japanese, RussiannoyesHCMC (Greece)yes100000
XTB2https://forexexplore.com/forex-brokers/xtb-reviews/2502https://forexexplore.com/forex-brokers/xtb-reviews/Metatrader 4, xStation, xMobileyesyesCredit cards, Neteller, Paypal, Skrill, Wire transfer1:200nonoCNMV (Spain), FCA (UK), FSA (Poland)yesyesnoyes100000
iFOREX3https://forexexplore.com/forex-brokers/iforex-reviews/1003-https://forexexplore.com/forex-brokers/iforex-reviews/FXnet Traderyesyescredit cards, wire transfer1:400English, Hebrew, Indonesian, German, Spanish, French, Italian, Nederlands, Portuguese, Romanian, Turkish, RUssian, Arabic, Chinese, JapanesenonoHFSA in Hungary, CySECnonono101001
Oinvest0https://forexexplore.com/forex-brokers/oinvest-review/2000.7Samsung Galaxy, iPhonenohttps://forexexplore.com/forex-brokers/oinvest-review/Metatrader 4yesyesSkrill, Neteller, Credit Cards 1:200noyesyesyesyesyesyesyesyesyesyesyes111000
Plus5005https://forexexplore.com/forex-brokers/plus500-reviews/500230%yeshttps://forexexplore.com/forex-brokers/plus500-reviews/Plus500yesnoSkrill, Credit Cards, Wire Transfer1:200English, Hebrew, ArabicIsrael Securities Authority100010
TraderTrust1http://traders-trust.com/100as low as 2100% upto $5,000https://www.forexexplore.com/forex-brokers/tradertrust-reviewsSmartForexnoyesSkrill, Credit Cards1:200English, Russian, Italian, and ArabicCySec, VFCSyes100000
AdvancedMarkets3https://www.forexexplore.com/forex-brokers/advancedmarkets-reviews5000-2.5-https://www.forexexplore.com/forex-brokers/advancedmarkets-reviewsAdvanced Trader/Pro/Prime, Fortex FX noyesWire, Check1:50English, Spanish, KoreanAustralian AFSL, ASICyes100000
XM7http://clicks.pipaffiliates.com/afs/come.php?id=27&cid=3689&ctgid=16&atype=151$30 no deposityeshttps://www.forexexplore.com/forex-brokers/xm-reviewMetaTrader 4, Metatrader 5, XM WebtraderyesyesCredit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer1:888Arabic, Chinese, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Malay, Korean, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Thai, VientamesenoCySEC, ASIC Australia, IFSC Belizenoyesyesnoyesno101011
Anzo Capital2https://anzocapital.com/1002https://www.forexexplore.com/forex-brokers/anzo-capital-reviewMetaTrader 4yesyesWebmoney, Skrill, Neteller, Credit Cards1:1000English, Chinesenonoyesyesyesyesyesnonoyesnono110001
MEX Exchange1https://www.mexexchange.com/250.2https://www.forexexplore.com/forex-brokers/mex-exchange-reviewMetatrader 4noyesNeteller, Skrill, Fasapay, UnionPay, Credit Cards, Wire Transfer1:500nonoASICyesyesyesyes110001
FBS1https://www.forexexplore.com/forex-brokers/fbs-review1from 0,2 pips fixed/floating$123 Welcome Bonushttps://www.forexexplore.com/forex-brokers/fbs-reviewMetaTrader 4, Metatrader 5, Webtradingyesyescredit cards, fasapay, Indonesia local banks, Neteller, okpay, perfectmoney, Skrill, Webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrillup to 1:3,000English, Bahasa Indonesia, Bahasa Malyasian, Russian, Spanish, Portuguese, Arabic, Vietnamese, Bengali, Lithuanian, Korean, Chinese, Thai, TamilIFSC; Cysecyesyesyesyes101001
FP Markets3http://go.fpmarkets.com/visit/?bta=35186&nci=5369200starting from 010% credit bonushttps://www.forexexplore.com/forex-brokers/fpmarkets-reviewMetaTrader 4 (MT4), IRESS, Mobile tradingyesyescredit cards, UnionPay, Neteller, Skrill (3% fee), Wire transfer, BPay and broker-to-broker transfer1:500English, Bahasa Melayu, French, Finish, Chinese, Norwegian, Russian, Thai, Italian, German, Portuguese, Spanish and SwedishnoyesASICyesyesyesyesyes110011
DFMarkets3http://www.dfmarkets.co.uk100from 0.1 pips10% Trading Credit Promotion up to $1,000https://www.forexexplore.com/forex-brokers/dfmarkets-reviewsDFTrader, DF WebTrader, DF MobileyesyesBank wire, Credit/Debit cards1:200EnglishnonoFCAnononoyesyes100000
EasyMarkets2http://www.easymarkets.com1002.5https://www.forexexplore.com/forex-brokers/easymarkets-reviewMetatrader 4, EasyMarkets web-based platformyesyescredit cards, neteller, Skrill, Webmney, wire transfer1:100nonoASIC (Australia), CySEC (Cyprus)nononoyes101000
Octa9http://octaengine.com/c/?p=565&bt=gif&b=1011950from 0.2up to 50%yeshttps://www.forexexplore.com/forex-brokers/octafx-reviewsMetatrader 4, Metatrader 5, Octatrader yesyesNeteller, Skrill, Fasapay, Visa, Mastercard, Malaysian, Vietnamese, Indian, Indonesian, Bangladeshi local banks, Bitcoin, Unionpay1:500EnglishyesCySEC, FSA-St-Vincent, FSCAyesyesyesyesyes110011
IronFX4https://www.forexexplore.com/forex-brokers/ironfx-reviews100040%yeshttps://www.forexexplore.com/forex-brokers/ironfx-reviewsMetatrader 4yesyescredit cards, Fasapay, neteller, qiwi, skrill, webmoney, wire transfer1:500EnglishnoyesASIC, CySEC, DFSA, FCA UK, FSB, UCRFIN, CRFIN, Member of Eurex Exchange, Consob, BaFINyesyesyes110001
FxGlory0https://forexexplore.com/forex-brokers/fxglory-review/10.550% up to $1,000https://forexexplore.com/forex-brokers/fxglory-review/MetaTrader4, MobilenoyesCredit/debit cards, Paypal, Bitcoin1:3,000Englishyes000001
TrioMarkets0https://forexexplore.com/forex-brokers/triomarkets-review/1003-https://forexexplore.com/forex-brokers/triomarkets-review/MetaTrader 4, Sirix WebtraderyesyesCredit Card, Wire, Skrill, Neteller, Paypal and CashU1:300English, Arabic, French, Italian, GermannoyesCySECnoyesno101000
CityIndex2https://forexexplore.com/forex-brokers/cityindex-review/1002-https://forexexplore.com/forex-brokers/cityindex-review/MT4 (MetaTrader 4), Advantage Web, Advantage Trader, iPhone, Android, Windows Phone App, iPad and Tablet AppyesyesCredit/Debit Cards1:400EnglishTrademark of GAIN Capital UK Ltd - Regulated by FCAyesyes100001
Markets.com2https://forexexplore.com/forex-brokers/markets-com-review/1002up to $2,000https://forexexplore.com/forex-brokers/markets-com-review/Meta Trader 4,MarketTrader, Market WebTrader, Market Java Trader, Market Mobile Trader, Market WAP Trader, Market iTrader, Market AutoTraderyesyesCredit/Debit Cards, Wire Transfer, Webmoney, Local Payments1:200English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, SwedishCySEC, FSCA South Africa yesyes111000
Orbex0https://forexexplore.com/forex-brokers/orbex-review/5001.6https://forexexplore.com/forex-brokers/orbex-review/MetaTrader 4noyesSkrill, Neteller, Wire Transfer, Credit Cards, CashU, Webmoney1:500English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu, GreeknonoCySECyesyesno110001
CMTrading4https://forexexplore.com/forex-brokers/cmtrading-review/200215% matchhttps://forexexplore.com/forex-brokers/cmtrading-review/ה MetaTrader 4, Sirixyesyescredit/debit cards, Wire transfer, CashU ,Skrill1:400Financial Services Board (FSB) South Africa100001
Accent Forex0https://forexexplore.com/forex-brokers/accentforex-review/10350%nohttps://forexexplore.com/forex-brokers/accentforex-review/MetaTrader 4noyesWebMoney, OkPay, Skrill, Wire Transfer, Credit Cards1:500English000001
Grand Capital0https://forexexplore.com/forex-brokers/grandcapital-review/102$500 no deposithttps://forexexplore.com/forex-brokers/grandcapital-review/MetaTrader 4, WebTraderyesyesCredit card, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney500:1English, Russian, Chinese, IndonesianyesnoFinancial Commission FinaCom, EDR Hong Kong external dispute resolution organizationyesnono101001
Simplefx1https://forexexplore.com/forex-brokers/simplefx-reviews/11https://forexexplore.com/forex-brokers/simplefx-reviews/MetaTrader 4 and in-house web-based platformyesyesWire transfer, Credit/debit cards, Skrill, Neteller, Astropay, Webmoney, FasaPay, Qiwi, Moneta, ru, Yandex, China UnionPay, Bitcoin and litecoin1:100nonononononoyes000000
Alvexo0https://forexexplore.com/forex-brokers/alvexo-review/50003.3-https://forexexplore.com/forex-brokers/alvexo-review/MetaTrader 4, WebTrader, MobileyesyesCash-U, Credit Card, Webmoney, Wire Transfer400:1English, FrenchnonoCySECyesyes100001
NSFX0https://forexexplore.com/forex-brokers/nsfx-review/3003https://forexexplore.com/forex-brokers/nsfx-review/Metatrader 4, Webtrader, NSFX Jforex platformyesyescredit cards, Skrill, CashU and wire transfer200:1English, Arabic, German, Turkish and ItaliannonoMFSAyesyesno100000
Synergy FX1https://forexexplore.com/forex-brokers/synergyfx-reviews/5002https://forexexplore.com/forex-brokers/synergyfx-reviews/MetaTrader 4noyescredit cards, skrill, wire transfer1:500noyesASIC, AFSLyesyesyesyes100001
FXGrow0https://forexexplore.com/forex-brokers/fxgrow-review/1000.8-https://forexexplore.com/forex-brokers/fxgrow-review/MetaTrader 4, NetStationyesyesCredit/Debit cards, Skrill, Neteller, OkPay, CashU, WireTransfer200:1English001000
Juno Markets0https://forexexplore.com/forex-brokers/juno-markets-review/5003-https://forexexplore.com/forex-brokers/juno-markets-review/MetaTrader 4noyesneteller, skrill, credit cards, wire transfer1:400EnglishnonoFinaComnoyesno100001
Tickmill3https://forexexplore.com/forex-brokers/tickmill-review/1001.2-https://forexexplore.com/forex-brokers/tickmill-review/MetaTrader 4, Webtraderyesyeswire transfer (commission are charged), credit/debit cards, Skrill, Neteller, FasaPay, UnionPay and WebMoney1:500noyesFCA UK, FSA Seychellesyesyesnoyes111011
TeleTrade0https://forexexplore.com/forex-brokers/teletrade-review/2000524%https://forexexplore.com/forex-brokers/teletrade-review/MetaTrader 4, Mobilenoyescredit cards, Wire transfer, Neteller, Skrill1:200English, Russian000000
Financika1https://forexexplore.com/forex-brokers/financika-reviews/2502https://forexexplore.com/forex-brokers/financika-reviews/Profit, WebProfit, MetaTrader 4yesyes credit cards, wire transfer200:1nononononono000000
TenkoFX3https://forexexplore.com/forex-brokers/tenkofx-review/103https://forexexplore.com/forex-brokers/tenkofx-review/MetaTrader 4, WebtraderyesyesSkrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi1:500EnglishnonoInternational Financial Services Commission of Belizeyesyesno100001
KGIeworld0https://www.forexexplore.com/forex-brokers/kgieworld-review10003-https://www.forexexplore.com/forex-brokers/kgieworld-reviewMetaTrader 4noyesWire Transfer, Check1:50EnglishnonoMASnoyesno100000
Abshire-Smith0http://www.abshire-smith.com/5001.8https://www.forexexplore.com/forex-brokers/abshire-smith-reviewsVertex fx, Metatrader 4, straticatornoyesCashU, Neteller, Skrill, Wire Transfer1:200nonoFCAyes101000
Alfa Financial0http://www.alfafinancials.com10000$1 plus $15 commissionshttps://www.forexexplore.com/forex-brokers/alfa-financial-reviewMetaTrader 4, AX1Traderyesyes1:100EnglishnonoCentral Bank UAEyes100000
Blueberry Markets4https://www.blueberrymarkets.com1001.5https://www.forexexplore.com/forex-brokers/blueberry-markets-reviewsMetaTrader 4noyescredit cards, wire transfer, POLi, Skrill1:500nonoASICyesyesyesyes110001
CIBfx0http://www.cibfx.com1001https://www.forexexplore.com/forex-brokers/cibfx-reviewMetaTrader 4 yesyesPaypal, Skill, Credit Cards, Neteller1:200nonoVSFCnoyesno000000
BlackBull Markets6https://go.blackbullmarkets.com/visit/?bta=39396&brand=blackbull2000.8yeshttps://www.forexexplore.com/forex-brokers/blackbull-markets-reviewMetatrader 4, Metatrader 5yesyesBank Transfer, Credit Card Payments (Visa, MasterCard), Skrill, Neteller, China Union Pay, FasaPay1:500yesnoFinancial Services Provideryesyesyesnoyesyesyes100000
Darwinex0https://www.darwinex.com/5001https://www.forexexplore.com/forex-brokers/darwinex-reviewMetaTrader 4, cTraderyesyesBank Wire, Credit Cards, UnionPay1:200noyesFCAyes100000
Eightcup0https://www.eightcap.com/1001https://www.forexexplore.com/forex-brokers/eightcap-reviewMetatrader 4noyes1:500nonoASICyesyesnoyes110011
ETX Capital0https://www.etxcapital.com/1001https://www.forexexplore.com/forex-brokers/etxcapital-review ETX Trader Pro, Metatrader 4, ETX binaryyesyescredit cards, wire transfer, firopay, neteller, skrill, sofort, china unionpay1:200nonoFCAnonono100000
FCI Markets1http://www.fci-markets.co.uk/2500.2https://www.forexexplore.com/forex-brokers/fci-markets-reviewsCurrenex, FCI NetStation, MetaTrader 4yesyescredit cards, neteller, skrill, wire transfer1:100noyesFCAyesyesno110000
Fortrade1https://www.fortrade.com/5003https://www.forexexplore.com/forex-brokers/fortrade-reviewsFortraderyesyeswire transfer, credit cards, skrill, neteller1:200nonoFCAnononoyes100000
FX Giants1https://forexexplore.com/forex-brokers/fxgiants-reviews/5002.2https://forexexplore.com/forex-brokers/fxgiants-reviews/MetaTrader 4noyescredit cards, neteller, paypal, skrill, unionpay, Webmoney, Wire Transfer1:500nonoFCAnonoyes100001
FXGlobe1https://forexexplore.com/forex-brokers/fxglobe-reviews/2500.7https://forexexplore.com/forex-brokers/fxglobe-reviews/MetaTrader 4noyesCredit cards, Neteller, Skrill, Wire transfer1:500nonoCySECyesnoyes110001
FXonus1https://forexexplore.com/forex-brokers/fxonus/5003https://forexexplore.com/forex-brokers/fxonus/MetaTrader 4yesyesCredit Cards, Skrill, Neteller, Wire Transfer, China Union Pay1:500nononoyesnono010001
FXoro1https://forexexplore.com/forex-brokers/fxoro-reviews/2003https://forexexplore.com/forex-brokers/fxoro-reviews/Metatrader 4noyescredit cards, wire transfer, skrill, neteller, ecoPayz, CashU1:400nonoCySECyesnono100001
FXprimus1https://forexexplore.com/forex-brokers/fxprimus-reviews/1000.3https://forexexplore.com/forex-brokers/fxprimus-reviews/Metatrader 4noyesBitcoin, China UnionPay, FasaPay, Neteller, Skrill, Wire Transfer1:500nonoCysecyesyesyes110001
Infinox1https://forexexplore.com/forex-brokers/infinox-reviews/1001.5https://forexexplore.com/forex-brokers/infinox-reviews/Metatrader 4noyescredit cards, wire transfer, skrill, neteller, china unionpay1:300noboFCA UKyesyesnoyes100000
JCMFX1https://forexexplore.com/forex-brokers/jcmfx-review/101.8https://forexexplore.com/forex-brokers/jcmfx-review/MetaTrader 4noyescredit cards, FasaPay, Wire Transfer, Neteller, Skrill1:1,000nonoFSAnonono100001
Larson&Holz1https://forexexplore.com/forex-brokers/larson-holz-review/1000https://forexexplore.com/forex-brokers/larson-holz-review/Metatrader 4, Web Traderyesyescredit cards, wire transfer, neteller, paypal, Yandex, liqpay, alfa click, beeline, mtc, perfect money1:500nonoFMRRC, NAFDyesyesno100001
LCG1https://forexexplore.com/forex-brokers/lcg-reviews/11.6https://forexexplore.com/forex-brokers/lcg-reviews/MetaTrader 4, LCG Trader (web-based, ECN accounts only)yesyeswire transfer, debit/credit cards, Skrill1:500nonoFCA UKyesyesnoyes100001
LMFX1https://www.lmfx.com/501.8100% match bonus, 15% recoveryhttps://www.forexexplore.com/forex-brokers/lmfx-reviewMetatrader 4, Webtraderyesyescredit cards, Fasapay, neteller, okpay, skrill, wire transfer1:1,000yesnonoyesnoyesyes000001
LQDFX1https://www.lqdfx.com/201https://www.forexexplore.com/forex-brokers/lqdfx-reviewMetaTrader 4, xStationyesyesWire transfer, Credit cards, Skrill, Neteller, Unipay, FasaPay, SoFort, iDeal1:500nononoyesyesno000001
Mahi FX1https://mahifx.com/11https://www.forexexplore.com/forex-brokers/mahifx-reviewsMetatrader 4, MahiFXyesyeswire transfer, credit cards1:100nonoFCA UK, ASIC, FMAnononoyesyes100000
Paxforex1https://paxforex.com/10No deposit $7 bonus – cannot withdrawhttps://www.forexexplore.com/forex-brokers/paxforex-reviewsMetaTrader 4noyesCredit cards, FasaPay, Neteller, OKPAY, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire Transfer1:500nononononoyes000001
Pricemarkets1https://pricemarkets.com5002.5https://www.forexexplore.com/forex-brokers/pricemarkets-reviewMetaTrader 4 ECN, Currenex ECN, Integral FX, Liquid-x, Hotspot FXyesyeswire transfer, credit cards1:400yesnoFCA UKyesyesyes100001
Rallytade1https://www.forexexplore.com/forex-brokers/rallytrade-review1001.6https://www.forexexplore.com/forex-brokers/rallytrade-reviewMetatrader 4, xStation (web-based), xSocial, xOptionsyesyescredit cards, neteller, skrill, Interswitch, Pocketmoni, etraszact, perfectMoney, WebMoney, VoguePay1;1,000yesyesFinaCOMnonono100001
Range Markets 1https://www.rangeforex.com/1003https://www.forexexplore.com/forex-brokers/range-markets-reviewsMetatrader 4noyesNeteller, Credit Cards, wire transfer1:500nonoFSA of St. Vincent and the Grenadinesnonono100001
Rekuten Securities1https://www.forexexplore.com/forex-brokers/rakuten-reviews10.7https://www.forexexplore.com/forex-brokers/rakuten-reviewsMarketSpeed FX, Trading Station (inherited from FXCM)yesyeswire transfer, checks, ATM (only for local residents)1:50nonoSFCnoyesnoyes100000
Roboforex1http://www.roboforex.com/12https://www.forexexplore.com/forex-brokers/roboforex-reviewMetaTrader 4, cTraderyesyescredit cards, QIWI wallet, webmoney, Yandex.money, RBK money, Skrill, FasaPay, CashU, Payoneer, China UnionPay, Neteller, Perfect Money1:500nonoCysec, IFSC, FSP, FSCLyesyesno100001
Swissmarkets0https://www.swissmarkets.com/?campaign=1341&p1=&p2=334&p3=6m8j8j7w#signup2001.2https://www.forexexplore.com/forex-brokers/swissmarkets-reviewMetatrader 4, Webtraderyesyescredit cards, wire transfer, neteller, skrill, iDEAL, giropay1:500nonoCySEC, MiFIDnoyesno100101
Trade3600https://www.trade360.com/1001.835%, $60 no deposit for real accounthttps://www.forexexplore.com/forex-brokers/trade360-reviewTrade360yesnocredit cards, skrill, neteller, wire transfer1:1,000nonoCySECnononoyesyes100001
Tradersway1https://forexexplore.com/forex-brokers/traders-way-reviews/01https://forexexplore.com/forex-brokers/traders-way-reviews/Metatrader 4, ctraderyesyesSkrill, Neteller, Perfect Money, Webmoney, QIWI, MonetaRu, EasyPay, Boletto, CashU1:1,000nononoyesyesno010001
Trading2121https://forexexplore.com/forex-brokers/trading212-review/1002.5https://forexexplore.com/forex-brokers/trading212-review/Trading212yesnowire transfers, credit and debit cards, PayPal, Dotpay, Giropay, SafetyPay, Carte Bleue, Mister Cash, Direct eBanking, CashU and UnionPay1:200nonoFCA UKnoyesnoyes100000
Turnkey1https://forexexplore.com/forex-brokers/turnkey-forex-reviews/52100% deposit bonus; 30 days of commission-free trading; 30% rescue bonushttps://forexexplore.com/forex-brokers/turnkey-forex-reviews/ MetaTrader 4, Trade Stationyesyescredit cards, wire transfer, neteller1:200yesyesnoyesyesyes000000
Whaleclub1https://forexexplore.com/forex-brokers/whaleclub-reviews/11https://forexexplore.com/forex-brokers/whaleclub-reviews/in-house whaleclub web platformyesnobitcoin1:100nononononono000000
Z.com Trade3https://forexexplore.com/forex-brokers/z-com-trade-reviews/11.4https://forexexplore.com/forex-brokers/z-com-trade-reviews/ Z.com trader web, Z.com trader pro (demo account only)yesyescredit cards, wire transfer, china unionpay, skrill1:200nonoFCA UKyesyesno100000
FreshForex1https://forexexplore.com/forex-brokers/freshforex-review/10.9101%https://forexexplore.com/forex-brokers/freshforex-review/Metatrader 4, Metatrader 5yesyesDebit/credit cards, Neteller, OKPAY, W1, QIWI, Webmoney, Skrill, FasaPay, Contact, Wire transfer1:1000Russian, English, German, Chinese, Arabic, ItaliannoyesFinancial Services Authority of Saint Vincent and the Grenadinesyesyesyesyesyesyesyesyesyes111011
ForexMart0https://forexexplore.com/forex-brokers/forexmart-review/10.0$150 no deposit neededhttps://forexexplore.com/forex-brokers/forexmart-review/Metatrader 4yesyescredit cards, Neteller, Skrill, Paypal, Paxum? Bitcoin1:1,000nonoCySECnoyesyesyesyesyesyesyes100001
Pepperstone3https://forexexplore.com/forex-brokers/pepperstone-review/2001.2100% Match Bonushttps://forexexplore.com/forex-brokers/pepperstone-review/Metatrader 4, Metatrader 5, cTrader, cAlgo, cMirroryesyesbPay, credit cards, Paypal1:500EnglishyesyesASIC, FCA UKyesyesyesyesyesyesyesyes111001
Forexee0https://forexexplore.com/forex-brokers/forexee-review/500.5 plus commissionsSpecial trading commission $1, Welcome Bonus $15 for STP, 0% commission for depositshttps://forexexplore.com/forex-brokers/forexee-review/MetaTrader 4noyesCredit Cards, Webmoney, Wire Transfer, Skrill, Neteller, Bitcoin, Bitcoin Cash, litecoin, Fasapay, etherium, Payza, Perfect Money1:500Englishnononoyesyesnoyes010001
AETOS0https://forexexplore.com/forex-brokers/aetos-review/2502https://forexexplore.com/forex-brokers/aetos-review/MetaTrader 4yesyesBank wire transfer, Credit cards, Debit cards, Skrill, ZOTAPAY1:200nonoFCA UKnononoyesyes100000
TradeFW3https://forexexplore.com/forex-brokers/tradefw-review/0250https://forexexplore.com/forex-brokers/tradefw-review/yesyesBank wire, Credit/Debit Card.1:30nonoCysecyesyesnoyes110000
1Market0https://forexexplore.com/forex-brokers/1market-review/2503https://forexexplore.com/forex-brokers/1market-review/Webtrader, Metatrader 5yesyescredit cards, bank wire transfers, Neteller, Skrill, Sofort, Rapid, PaySafe Card and Volt1:400nonoCysecnonononoyes100001
Trade Nation4https://forexexplore.com/forex-brokers/tradenation-review/10.6https://forexexplore.com/forex-brokers/tradenation-review/in-house web-based platform, Metatrader 4 MT4yesyesCredit Card, Srill 1:30; 1:200EnglishyesyesFCA in the UK, the ASIC in Australia, the FSCA in South Africa and the SCB in the Bahamasyes110000
PlusMarkets0https://forexexplore.com/forex-brokers/plusmarkets-review/00.1https://forexexplore.com/forex-brokers/plusmarkets-review/Metatrader 4, PlusMarkets Traderyesyescards, wire transfers, and some alternative payment methods, which aren’t specified1:30nonoCySecnoyesno100000
HonorFX0https://forexexplore.com/forex-brokers/honorfx-review/1000.2https://forexexplore.com/forex-brokers/honorfx-review/Metatrader 5noyesCredit Cards, Neteller, Skrill, Paypal, Bitpay, Fasapay, Perfect Money1:500FSAyes101001
Tiger Brokers0https://forexexplore.com/forex-brokers/tiger-brokers-review/0https://forexexplore.com/forex-brokers/tiger-brokers-review/Tiger TradenoyesBank Wire Transfer, FAST, DDA, PayNowUp to 4x (day trade), Up to 2x (next day)yesUS Securities and Exchange Commission, Australian Securities & Investments Commission (ASIC) yes100000
MarketBull0https://forexexplore.com/forex-brokers/marketbull-review/10001.8100% match the deposithttps://forexexplore.com/forex-brokers/marketbull-review/Metatrader 4yesyesCredit Cards, Neteller, Skrill, Bank Wire Transfer1:1000jurisdiction of the UKyesyesyesyesyes110001
CedarFX0https://forexexplore.com/forex-brokers/cedarfx-review/503https://forexexplore.com/forex-brokers/cedarfx-review/MetaTrader 4 yesCredit Card, Bank Wire, Bitcoin1:500yes100001
GCI Trading0https://forexexplore.com/forex-brokers/gci-trading-review/500150% on deposithttps://forexexplore.com/forex-brokers/gci-trading-review/MetaTrader 4, ActTraderyesyesBank Wire Transfer, Credit Card, Neteller, Skrill1:400IFSCyesyes110001
Axi0https://forexexplore.com/forex-brokers/axitrader-review/2001.2https://forexexplore.com/forex-brokers/axitrader-reviewMetatrader 4yesyesDebit and Credit Cards (Visa, Master, Maestro, JCB) Neteller Skrill/Moneybookers Global Collect (only for Australian clients) BPAY (only for Australian Clients) China Union Pay (only for Chinese residents) Bank Transfer Broker to Broker Transfer1:400nonoASIC, FCA, Financial Services Authority in Saint Vincent and the Grenadinesnonoyes100001

Who Are UK Forex Brokers?

New forex brokers are popping in the search results every single day. The expansion of forex industry and the overwhelming demand for forex brokers make it possible for traders to be able to review, analyze, try out all types of trading platforms and at the end find a broker that answers all of their needs. The most popular brokers come from either Cyprus or UK. Both locations offer attractive investment opportunities and features to the residents and off-shore traders. Today, however, lets focus on the top Forex brokers in UK 2023.  We have researched about UK Forex brokers long enough and hard enough to be able to give you a complete and ultimate guide.

How To Choose a Forex Brokerage if you are UK trader

UK Forex Brokers Regulation and License

When you go over the regulation, brokers in UK are considered to be one of the most secured in the industry. This is basically because of the strict rules and regulations of the authority body and the requirements the brokers must fulfill in order to keep their license intact. Many online traders rely on UK brokers as the most secure solution, especially in the beginning of their trading career. So, lets go over the main reasons why the regulation in UK Forex Brokers are so attractive:

  • Financial Conduct Authority

FCA, the Financial Conduct Authority, is the regulatory responsible for the UK Forex brokers.  FCA functions separately from the UK government and it focuses all its energy on retail and wholesale financial businesses. The agenda of Financial Conduct Authority is to control both clients and UK Forex brokers and hence minimize the fraud and scam attempts. FCA licenses allow brokers to operate in forex market and any kind of misconduct is punishable in the form of money fines or complete cancellation of the license, which is of course the worst case scenario for UK-based Forex brokers. Losing license leads to bad publicity and loss of credentials in the eyes of the traders community. 

How to Choose A UK Forex Broker?

Now that you understand the reasons behind the security in UK Forex brokers, lets talk about the features and trading conditions they offer that you should review. After all, it’s the trading experience you seek, and not the country of the origin. The important features you need to consider when choosing a top UK Forex broker are listed below:

  • Find and read what other traders think about the broker. Does it have a decent reputation among its clients? Are there any scam reports lately listed in the forums or facebook? Any suspicious activity must be a red flag for you. Forums and social media is the best place to find the real feedbacks about the UK forex brokers.
  • Check out the broker’s bonus requirements. All beginners love to get free welcome bonus to get them started. In order to filter out scam brokers, you might want to look at the bonus structure. Is the broker only popular because of its bonus? Once you get the bonus, do trading conditions meet your expectations? Always remember that bonus is just a pleasant extra, and should not be the main reason for choosing a broker to trade with online.
  • Always go over the trading conditions and features of the UK Forex brokers and, better yet, sign up for demo account and try all of them out before you make a deposit. Check out the trading platform, various trading instruments, educational resources available to newbies, decent daily market analysis and signals. These are some of the important necessities that you need daily to make a decent money in forex.  

So there, we have it all laid out for you on the plate. If you look for reputable UK Forex broker, just do your homework right and we promise you that there is a broker that will provide you with all the features and trading conditions you seek. UK forex brokers are truly considered one of the best in the industry, so you are on the right path. 

What you need to look out for the most:

  • Spreads – The difference between SELL and BUY price in points (pips) anything over 3 Pips for the most liquid EUR/USD is usually too much and you should avoid. Spreads can be variable or fixed, it usually depends on the account type.
  • Swaps – the fee you pay in order to keep the contract open over night. There are Islamic accounts with some brokers with swap-free options.
  • Commissions per lot traded – usually charged with ECN and STP accounts where spreads are fixed.
  • Respected regulation authority such as DFSA, FCA UK, Cysec
  • Segregated accounts for your trading funds (meaning that your money is kept separately from the company’s finances)
  • Satisfactory reviews from real forex traders from Kenya and around the globe
  • Various payment methods with fast deposit and withdrawal options
  • Low spreads and outstanding trading features
  • Reputable trading platform such as Metatrader 4
  • High quality customer support via chat email and phone 

Does It Fit With Your Trading Style?

The type of trader you are will have a significant influence on the best broker for you, so be sure to assess how well what it offers fits with your trading style.

If you’re a scalper, opening and closing trades to accumulate small profits several times a day, you’ll need a broker that offers tight spreads and does not insist on a minimum time frame between entering and exiting the market.

If your strategy is focused on the carry trade, where you intend to hold positions over time to profit from interest rate differentials, you’ll want to look at a broker’s rollover pricing and swap rates.

In addition to the above, you should also keep in mind things like:

  • Available leverage
  • The types of accounts on offer
  • The range of currency pairs available for trade

Is forex trading legal in UK?

Forex trading is entirely legal in the UK as these regulatory and judicial conditions are the reasons that UK forex brokers have been at the head of the queue. When it comes to customer services, helping traders make a profit at the day end, and dedication to keep transactions secure UK fx brokers are the best.

Is Forex taxed in UK?

Under UK tax law, Forex trading is counted as spread betting. Spread betting (in Forex terms) is when a trader takes a position on whether they think the market will rise or fall. Because the Forex market is such a volatile place, the tax man saw it fit to leave it as a tax-free industry.

Can you use MetaTrader 4 in the U.K.?

Yes, there are numerous FCA-regulated forex brokers in the U.K. that offer the MetaTrader platform suite, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web and mobile.

For example, you can use MT4 with any of the following U.K. brokers: IG, Saxo Bank, CMC Markets, City Index, XTB, FOREX.com, Swissquote, FXCM, Pepperstone, Tickmill, FxPro, Vantage FX, HYCM, Eightcap and XM Group, all of which hold regulatory status with the FCA either directly or through their parent company. Some of these brokers also offer MetaTrader 5.

Has anyone gotten rich from forex?

Forex Trader, 99.99% of Forex Brokers and the Federal Reserve have done pretty well with Forex Trading. Check YouTube for videos with Anton Kreil. George Soros has made a few million. There are many others who make a steady income who have learned the skills required to succeed.

top forex broker

 

New Brokers

Regulation: MFSA in Malta, BaFin The Federal Financial Supervisory Authority Germany, ACP The French Prudential Supervisory Authority, The Comisión Nacional del Mercado de Valores (CNMV) Spain, Danish FSA

Regulation: ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, FSC in the British Virgin Islands, CIMA in the Cayman Islands and RAK in the UAE

Regulation: Financial Conduct Authority UK FCA, VFSC Vanuatu, Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL)

Regulation: ASIC, CIMA, FSC

Regulation: ASIC

Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2023, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.