The United Kingdom hosts one of the world’s largest forex trading communities, regulated by the Financial Conduct Authority (FCA). UK forex brokers are known for transparency, strong investor protections, and offering advanced trading platforms suited for traders of all experience levels.
This article provides a detailed list of FCA-regulated UK forex brokers, their key features, and platforms.
Top FCA-Regulated Forex Brokers in the UK
Broker Name | FCA Reg. Number | Platforms | Minimum Deposit | Key Features |
---|---|---|---|---|
IG Markets | 195355 | Proprietary, MT4 | £0 | Spread betting, extensive market access |
CMC Markets | 173730 | Next Generation, MT4 | £0 | Advanced charting, zero minimum deposit |
Pepperstone UK | 684312 | MT4, MT5, cTrader | $0 (recommended $200) | ECN execution, low latency |
City Index | 113942 | MT4, WebTrader | £100 | Spread betting, competitive pricing |
XTB UK | 522157 | xStation 5, MT4 | £0 | Commission-free trading, crypto CFDs |
Saxo Bank UK | 551422 | SaxoTraderGO, PRO | $10,000 | Institutional tools, multi-asset access |
FXCM UK | 217689 | Trading Station, MT4 | £50 | Strong execution, educational support |
Admirals (Admiral Markets) | 595450 | MT4, MT5 | $100 | Copy trading, low fees |
ThinkMarkets UK | 629628 | MT4, MT5, ThinkTrader | £0 | Multi-platform support |
Capital.com UK | 793714 | Proprietary | $20 | AI-powered analytics, commission-free |
Why Choose FCA-Regulated Brokers?
- Strong investor protection and fund segregation
- Legal recourse via FCA complaint mechanisms
- Transparent pricing and fair trading policies
- Access to tax-efficient spread betting
Frequently Asked Questions
Which forex brokers are FCA regulated?
IG Markets, CMC Markets, Pepperstone, City Index, and XTB UK are FCA-regulated.
Can I spread bet forex in the UK?
Yes, spread betting is legal and tax-free in the UK.
What platforms do UK brokers support?
MT4, MT5, and proprietary platforms like xStation and SaxoTraderGO.
Are UK forex brokers safe?
Yes, when regulated by the FCA.
Is there a minimum deposit?
Some brokers allow £0 minimum, others require £50 or more.
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