The United Kingdom is a global hub for forex trading, with brokers regulated by the Financial Conduct Authority (FCA) ensuring high standards of security, transparency, and client protection. UK brokers offer access to diverse markets, advanced trading platforms, and competitive pricing.
This article lists the top 10 forex brokers in the UK, highlighting their regulation, platforms, and key features.
Top 10 FCA-Regulated Forex Brokers in the UK
| Broker Name | FCA Reg. Number | Platforms | Minimum Deposit | Key Features |
|---|---|---|---|---|
| 1. IG Markets | 195355 | Proprietary, MT4 | £0 | Spread betting, broad market access |
| 2. CMC Markets | 173730 | Next Generation, MT4 | £0 | Advanced charting, zero minimum deposit |
| 3. Pepperstone UK | 684312 | MT4, MT5, cTrader | $0 (recommended $200) | ECN execution, low latency |
| 4. City Index | 113942 | MT4, WebTrader | £100 | Spread betting, competitive pricing |
| 5. XTB UK | 522157 | xStation 5, MT4 | £0 | Commission-free trading, crypto CFDs |
| 6. Saxo Bank UK | 551422 | SaxoTraderGO, PRO | $10,000 | Institutional-grade tools, multi-asset |
| 7. FXCM UK | 217689 | Trading Station, MT4 | £50 | Strong execution, educational support |
| 8. Admirals (Admiral Markets) | 595450 | MT4, MT5 | $100 | Copy trading, low fees |
| 9. ThinkMarkets UK | 629628 | MT4, MT5, ThinkTrader | £0 | Multi-platform support |
| 10. Capital.com UK | 793714 | Proprietary | $20 | AI-driven analytics, commission-free |
Why Choose UK Forex Brokers?
- FCA regulation ensures protection and transparency
- Many brokers offer tax-efficient spread betting
- Diverse platforms catering to beginners and professionals
- Transparent fees and reliable customer support
Frequently Asked Questions
Which forex brokers are FCA regulated in the UK?
IG Markets, CMC Markets, Pepperstone, City Index, and XTB UK.
Can I spread bet forex in the UK?
Yes, spread betting is legal and tax-free.
What platforms do UK brokers support?
MT4, MT5, proprietary platforms like xStation and SaxoTraderGO.
Are UK forex brokers safe?
Yes, if regulated by the FCA.
What is the minimum deposit?
Varies from zero to £100 depending on the broker.
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