RoboForex
Capital Xtend
HFM
Forex trading is increasingly popular in the UK, with London handling over a third of global transactions. To succeed in foreign exchange trading, both new and experienced traders must choose a broker wisely.
With daily transactions exceeding $6.6 trillion, the UK represents 43% of European forex trades. The complexities of this market mean that traders may struggle to find the best broker. This article offers valuable insights into top brokers operating within the UK.
Our analysis covers crucial aspects like regulatory compliance, tradable assets, trading interfaces, research tools, and fee structures. This guide identifies the 27 leading brokers of 2025, assessed on trustworthiness, value, and service quality. With this knowledge, traders can select the right broker to meet their objectives; however, brokers must align with your trading style.
Why to Choose UK Forex Brokers?
Choosing UK Forex brokers is a smart decision for traders due to the unique advantages they offer. The UK is a global financial hub, with London being a key player in the Forex market, benefiting from its strategic time-zone alignment that overlaps with major trading sessions worldwide.
The UK is recognized as a leading financial hub, benefitting from a favorable time zone that sees high market volatility during the European session.This makes UK Forex Brokers a popular choice for traders seeking to capitalize on these active trading hours.
UK Forex brokers are regulated by the Financial Conduct Authority (FCA), which ensures a high level of transparency, investor protection, and strict compliance with trading standards. This regulatory framework provides traders with peace of mind, safeguarding their funds and ensuring fair practices.
UK brokers are known for offering competitive trading conditions, including low spreads and advanced trading platforms. These features make UK Forex brokers a reliable choice for traders seeking security, flexibility, and optimal trading opportunities.
🇬🇧 27 Best UK Forex Brokers 2025
1. IG
IG, also known as IG Group, is a world-leading provider of online trading and investment services, offering forex, CFDs, and spread betting. Known for its award-winning trading interface, extensive market research, and trusted reputation, IG stands out as a best UK forex brokers choice.
The interface provides access to over 80 forex pairs with competitive spreads, making it a popular choice for forex traders. IG is regulated by top-tier financial authorities, ensuring a secure and reliable trading environment for its clients.
The company offers educational resources through the IG Academy, helping traders develop their skills and knowledge. With a strong focus on customer support and user-friendly trading tools, IG has become a preferred broker for both beginner and experienced traders, solidifying its position as a best forex option.
Key Features of IG
2. Saxo Bank
Saxo Bank, a Danish investment bank founded in 1992, specializes in online trading and investment services. It offers diverse financial instruments like forex, CFDs, stocks, and bonds. Known for its trading interface providing access to over 40,000 instruments, it's a strong contender when you choose a UK forex brokers.
The interface delivers advanced tools, market research, and customizable charts, appealing to the professional trader. Regulated by top-tier authorities, Saxo Bank ensures a secure environment for its clients.
With its focus on innovation and customer service, Saxo Bank has become one of the top UK forex brokers, offering comprehensive trading and investment solutions.
Key Features of Saxo Bank
3. CMC Markets
CMC Markets is a UK-based financial services company founded in 1989, offering online trading in shares, spread betting, CFDs, and foreign exchange across global markets. Headquartered in London, with hubs in Sydney and Singapore, it is listed on the London Stock Exchange.
Considered a safe broker, CMC Markets is a regulated forex provider in multiple Tier-1 and Tier-2 jurisdictions. The company's Next Generation trading interface is known for its extensive research, user experience, and advanced tools, making it a strong contender to choose the best.
Offering a wide range of tradeable symbols and available in multiple countries, CMC Markets provides a comprehensive trading experience for CFD and FX traders, emphasizing low-cost trading and a well-capitalized structure. Because of this, it is viewed as best overall.
Key Features of CMC Markets
4. Interactive Brokers
Interactive Brokers LLC is an American multinational brokerage firm that operates the largest electronic trading interface in the United States by the number of daily average revenue trades. The company offers a wide range of investment products, including stocks, options, futures, currencies, bonds, and funds.
It provides direct global access to various financial instruments and offers a streamlined experience through its IBKR Desktop interface, which is available for web, mobile, and desktop.
Key Features of Interactive Brokers
5. City Index
City Index is a UK-based financial services company that offers online trading in shares, spread betting, contracts for difference (CFDs), and foreign exchange across global markets. Founded in 1983 and headquartered in London, with hubs in Sydney and Singapore, it is listed on the London Stock Exchange.
Considered a safe broker, City Index is regulated in multiple Tier-1 and Tier-2 jurisdictions. The company's proprietary trading interface is known for its extensive research, user experience, and advanced tools. It offers a wide range of tradeable symbols and is available in multiple countries.
City Index provides a comprehensive trading experience for CFD and FX traders, focusing on low-cost trading and a well-capitalized structure to reduce potential counterparty risk. The company has received several awards for its interface technology, customer service, and overall satisfaction.
Key Features of City Index
6. XTB
XTB is a well-known global broker that offers a wide variety of tradeable securities, focusing on forex and CFD trading. Founded in Poland in 2002, it has grown to become a trusted brand in the industry.
Publicly traded on the Warsaw Stock Exchange, XTB serves over 258,000 active clients globally. The broker is regulated by numerous authorities, including the UK's FCA, Poland's KNF, and Germany's BaFIN, ensuring a high level of investor protection. XTB's proprietary trading platform, xStation 5, is well-designed and packed with innovative features, making it an excellent choice for traders who want a robust trading experience.
The company provides comprehensive educational content and research that cater to traders of all experience levels, earning it high praise in the industry. XTB's commitment to aligning its values with the best possible trading experience means it constantly improves its trading application in accordance with the latest trends and technologies while continuing to offer forex trading that meets client needs.
Key Features of XTB
7. FOREX.com
FOREX.com is a US-based online trading interface that offers forex and CFD trading, making it a strong contender for those interested in forex trading in the UK. The company is known for its trading interfaces, tight spreads, quality executions, and 24-hour live support. FOREX.com provides a user-friendly trading experience, with access to over 80 currency pairs and various trading account types based on clients' trading strategies.
Regulated by multiple financial authorities, it ensures a secure and reliable trading environment for its clients. FOREX.com's trading interfaces are available on the web, desktop, and mobile, offering a comprehensive trading experience that many consider the best forex trading platform for both novice and experienced traders.
Key Features of FOREX.com
8. eToro
eToro is a well-established online trading interface that has gained popularity for its unique social and copy trading features, making it a top choice for forex trading. Known for its user-friendly design and innovative approach, eToro offers a wide range of tradeable instruments, including forex, stocks, commodities, indices, cryptocurrencies, and exchange-traded funds (ETFs).
One of its distinctive features is the ability for users to engage in social trading, allowing them to follow and replicate the trades of experienced traders. Additionally, eToro provides a proprietary interface well-suited for copy trading and carrying out technical analysis. The platform is regulated by multiple financial authorities, ensuring that it is legal in the UK and providing a secure and reliable trading environment for its clients.
As with many brokers, it's important to understand how brokers make money, typically through spreads and commissions on trades. This knowledge can help traders make informed decisions when choosing the right platform for their trading needs.
Key Features of eToro
9. Admiral Markets
Admiral Markets, also known as Admirals, is a multi-national, award-winning Forex and CFD online broker. The company offers trading in CFDs on currency pairs, shares, stock indices, commodities, ETFs, and more. It is recognized for its low forex CFD fees, fast and mostly free deposit and withdrawal processes, and user-friendly account opening.
While Admiral Markets has a limited product portfolio primarily focused on CFDs, real stocks and ETFs are available only to some clients. The broker is regulated by several authorities, including the top-tier FCA and ASIC, making it one of the most trusted top UK forex brokers. Additionally, it is authorized by the Capital Markets Authority (CMA) in Kenya as a non-dealing online foreign exchange broker.
Admiral Markets is known for its outstanding educational content, advanced MetaTrader features, and a wide range of tradeable symbols. As a reputable choice among UK forex brokers that accept clients from various regions, it provides traders with the tools needed to succeed in the competitive forex market. Whether you are looking to trade major forex pairs or explore other asset classes, Admiral Markets offers a comprehensive trading experience backed by strong regulatory oversight.
Key Features of Admiral Markets
10. RoboForex
RoboForex is an online trading interface that offers access to thousands of investment products through the MetaTrader suite and proprietary trading interfaces. The company provides a wide range of tradeable assets, including forex, stocks, commodities, indices, and cryptocurrencies.
RoboForex is regulated by multiple financial authorities, ensuring a secure and reliable trading environment for its clients. The interface is known for its user-friendly design, low forex CFD fees, and fast deposit and withdrawal processes. Additionally, RoboForex offers a seamless account opening experience tailored to ensure an efficient and smooth registration process.
Key Features of RoboForex
11. IC Markets
IC Markets provides traders access to over 60 currency pairs with ultra-tight spreads from 0.0 pips. Its ECN model offers deep liquidity from top-tier banks. With fast execution speeds below 40ms, IC Markets suits scalpers and algorithmic traders.
Regulated across global jurisdictions and boasting over 200,000 clients, IC Markets offers a reliable trading environment alongside quality customer support available 24/5.
Key Features of IC Markets
12. Tickmill
Tickmill provides traders with tight spreads from 0 pips and fast execution speeds below 40ms. Its ECN model grants access to deep institutional liquidity. As a FCA-regulated broker, Tickmill offers a reliable trading environment for over 200,000 clients, ensuring compliance with stringent regulatory standards that protect investors.
Traders can access over 60 currency pairs and CFDs on the popular MetaTrader 4 and 5 platforms, which facilitate automated trading. This makes Tickmill an attractive choice for forex traders in the UK looking for competitive conditions and advanced trading tools. Additionally, Tickmill provides quality customer service available 24/5, catering to the needs of its diverse client base.
With its focus on transparency and efficiency, Tickmill stands out among online UK forex brokers, making it an excellent option for both novice and experienced traders seeking to enhance their trading strategies.
Key Features of Tickmill
13. FxPro
FxPro is a leading online forex and CFD broker founded in 2006 and regulated globally, including by top-tier FCA in the UK. It provides traders access to over 60 currency pairs and CFDs on indices, shares, commodities, futures, and cryptocurrencies through popular interfaces like MT4/5. Execution speeds below 40ms benefit scalpers.
With over 200,000 clients, FxPro offers a reliable trading environment alongside quality 24/5 customer support and competitive trading conditions. Its multiple global regulations, large client base, award-winning trading interfaces, and tools make FxPro a trusted brokerage.
Key Features of FxPro
14. Teletrade
TeleTrade is a well-established online trading interface that provides access to financial markets for millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, stock indices, and other trading instruments. With a history dating back to 1994, TeleTrade has become an indispensable tool for making profits for many customers globally.
As one of the brokers for forex trading, TeleTrade ensures that forex trading is legal in the UK, providing a secure and reliable environment for its clients. The interface offers a variety of trading tools and favorable terms, making it an attractive option for traders from the UK. TeleTrade is regulated by multiple financial authorities, which enhances its credibility and commitment to maintaining a safe trading environment.
With its comprehensive offerings and strong regulatory framework, TeleTrade continues to support traders in navigating the financial markets effectively.
Key Features of TeleTrade
15. MultiBank
MultiBank is a well-established forex and CFD broker that has been in operation since 2005. The company offers a wide range of tradeable instruments, including forex, stocks, stock indices, and other trading instruments. It provides access to over 20,000 instruments, plenty of local payment methods, and 24/7 multilingual customer support.
MultiBank provides a variety of trading platforms, including the popular MetaTrader 4 and MetaTrader 5. Regulated by several financial authorities globally, including the top-tier ASIC, it ensures a secure and reliable trading environment for its clients.
It also provides competitive spreads, interesting bonus offers, and low deposits across a wide range of instruments. However, its product range is limited to FX, CFDs, and cryptos, and its research and educational tools are quite basic, limited to some charting tools and a newsletter. The broker also charges an inactivity fee after 13 consecutive inactive months.
Key Features of MultiBank
16. Wforex
Wforex is a forex and CFD broker that provides online trading services to clients. The company offers a variety of tradeable instruments, including forex, stocks, commodities, and indices. Wforex is known for its user-friendly trading platforms and competitive trading conditions.
The International Financial Services Commission (IFSC) of Belize provides oversight and investor protection for Wforex, ensuring a certain level of regulatory compliance. Additionally, Wforex offers educational resources and customer support to assist traders in their trading activities.
Key Features of Wforex
17. FXopen
FXOpen is a well-established forex and CFD broker that provides access to trading on financial markets to millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, and indices.
FXOpen operates under the oversight of multiple financial authorities globally, including the top-tier ASIC, ensuring a secure and reliable trading environment for its clients. Additionally, FXOpen provides educational resources and customer support to assist traders in their trading activities.
Key Features of FXopen
18. FP Markets
FP Markets is a well-established forex and CFD broker that provides access to trading on financial markets to millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, indices, and cryptocurrencies. FP Markets is known for its user-friendly trading platforms and competitive trading conditions.
FP Markets operates under the oversight of multiple financial authorities globally, including the top-tier ASIC and CySEC, ensuring a secure and reliable trading environment for its clients. Additionally, FP Markets provides educational resources and customer support to assist traders in their trading activities.
Key Features of FP Markets
19. Pepperstone
Pepperstone is a well-established forex and CFD broker that provides access to trading on financial markets to millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, indices, and cryptocurrencies.
Pepperstone operates under the oversight of multiple financial authorities globally, including the top-tier ASIC, FCA, and CySEC, ensuring a secure and reliable trading environment for its clients. The company is known for its user-friendly trading platforms and competitive trading conditions.
Additionally, Pepperstone provides educational resources and customer support to assist traders in their trading activities.
Key Features of Pepperstone
20. FXCM
FXCM is a well-established forex and CFD broker that provides access to trading on financial markets to millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, indices, and cryptocurrencies.
FXCM is known for its user-friendly trading platforms and competitive trading conditions. The broker is regulated by multiple financial authorities globally, ensuring a secure and reliable trading environment for its clients.
Additionally, FXCM provides educational resources and customer support to assist traders in their trading activities.
Key Features of FXCM
21. Eightcap
Eightcap is a forex and CFD broker that provides access to trading on financial markets to clients. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, and indices. Eightcap is known for its user-friendly trading platforms and competitive trading conditions.
The broker is regulated by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC), ensuring a secure and reliable trading environment for its clients. Additionally, Eightcap provides educational resources and customer support to assist traders in their trading activities.
The platform is designed to cater to the needs of both novice and experienced traders, offering a range of tools and features to support various trading strategies.
Key Features of Eightcap
22. Avatrade
AvaTrade, a globally regulated broker, offers a robust trading environment with over 250 financial instruments, including forex and CFDs. Known for its advanced trading platforms and fast execution speeds, AvaTrade caters to over 2 million clients worldwide.
It provides tight spreads from 0.9 pips and processes over $60 billion in trading volume per month. With a strong focus on transparency and customer support, AvaTrade stands as a reliable choice among the UK Forex brokers.
Key Features of AvaTrade
23. XM
XM is a forex and CFD broker that provides access to trading on financial markets to millions of traders around the world. The company offers a wide range of tradeable instruments, including forex, stocks, commodities, indices, and cryptocurrencies. XM is known for its user-friendly trading platforms and competitive trading conditions.
The broker is regulated by multiple financial authorities globally, ensuring a secure and reliable trading environment for its clients. Additionally, XM provides educational resources and customer support to assist traders in their trading activities.
Key Features of XM
24. Plus500
Plus500 is a well-established online CFDs broker, offering a wide range of tradeable instruments, including forex, stocks, commodities, indices, and cryptocurrencies. The broker provides a feature-rich web and mobile platform for trading, and it is regulated across multiple jurisdictions, ensuring a secure and reliable trading environment.
Plus500 is known for its user-friendly trading platform, transparent fees, and fast account opening with no minimum deposit. The broker is also recognized for its educational resources, including comprehensive articles, in-depth courses, and third-party providers, making it an attractive option for both novice and experienced traders.
Key Features of Plus500
25. Swissquote
Swissquote is a Swiss banking group specializing in providing online financial and trading services. It is present on three continents, listed on the Swiss stock exchange (SIX: SQN), and regulated by FINMA. The company offers a wide range of trading opportunities, trusting the security of a leading bank for investors.
Swissquote provides transparent and simple pricing, all-in spreads tailored to individual trading levels, and cutting-edge technology. The group's services include traditional banking services, such as mortgages, savings accounts, and more specialized transactions, including currency trading (forex) and cryptocurrencies.
The company was founded in 1996 and has since grown to be an established banking group, with two banking licenses in Luxembourg and one in Switzerland, where the group is headquartered. It is authorized by five Tier-1 regulators, including the Swiss Financial Market Supervisory Authority (FINMA) and the Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system. The group's headquarters are located in Gland, Switzerland.
Key Features of Swissquote
26. FX Empire
FX Empire is a leading financial portal that offers news and analyses for traders, both novice and expert, available in 15 languages. It provides up-to-date market information, trading ideas, and educational resources to help traders make informed decisions.
FX Empire also offers a dedicated Android app for easy access to its content. The company is known for its user-friendly interface, engaging content, and commitment to providing accurate and timely information. Overall, FX Empire is a valuable resource for traders looking to stay informed and improve their trading strategies.
Key Features of FX Empire
27. FXTM
FXTM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services, offering access to forex, stocks, commodities, indices, and cryptocurrencies. Regulated by multiple global financial authorities, it ensures secure trading environments with competitive conditions and user-friendly interfaces.
The broker supplies educational materials and dedicated customer support to enhance trading activities. Its services are designed for traders at all skill levels, providing diverse tools and features tailored to different strategies.
Key Features of FXTM
FAQs on UK Forex Brokers
What is the Regulatory Framework for UK Forex Brokers?
The UK's forex market is regulated by the Financial Conduct Authority (FCA), ensuring a secure and reliable trading environment for clients.
Are UK Forex Brokers allowed to Offer their Services to International Clients?
Yes, UK law allows local UK forex brokers to offer their services to anyone, as long as the investors are not controversial to the law.
Are these Brokers Regulated by the UK Financial Conduct Authority (FCA)?
Yes, most of the brokers listed in this article are regulated by the FCA, ensuring a secure and reliable trading environment for their clients.
What is the Minimum Trade Size?
The minimum trade size available is Micro lots (0.01 lots) which is typically available in most of the UK brokers.
What is the Role of the Financial Conduct Authority (FCA)?
The FCA regulates the financial markets in the UK and requires that UK Forex brokers be properly authorized and regulated by it.
What should I consider when Choosing a UK Forex Brokers?
Consider factors such as regulation, trading platforms, fees and spreads, customer support, educational resources, and the range of markets and products offered.
Wrapping Up on UK Forex Brokers Traders
In closing, selecting the ideal UK forex brokers is a strategic move underpinning trading success. By prioritizing regulatory compliance, which requires that brokers obtain proper licenses, trading conditions, and individual needs, traders can make informed decisions.
Leading UK forex brokers that are FCA-regulated boast robust security protocols, intuitive platforms, quality customer service, and comprehensive educational resources.
While challenges exist, traders who implement prudent risk management and develop resilient trading strategies can thrive. As the UK forex landscape continues to grow, traders should remain agile, optimizing portfolios by capitalizing on emerging opportunities.
Ultimately, partnering with a trusted UK forex brokers that aligns with personal trading objectives paves the pathway to prosperity in the world's largest financial market. Remember that many accounts lose money when trading, so it's crucial to choose the best UK forex brokers that suits your needs.
Stay vigilant, trade wisely, and may your forex journey unfold smoothly when backed by the perfect UK broker. If you're also interested in share trading, consider exploring options for the best share dealing broker to enhance your investment strategy.
