The best uk forex brokers offer competitive pricing, advanced trading platforms, superior customer support and strong compliance with regulatory standards. These brokers are ideal for traders of all skill levels and experience, from those just starting out to seasoned professionals.
The top fx trading platform uk offer a variety of payment methods including bank wire, e-wallets and credit cards. Some also offer demo accounts for practice trading with virtual money. These accounts are helpful for testing out strategies and evaluating brokers before making a commitment to real money trading.
Forex fees can significantly eat into trader profitability. They can include spreads, commissions, transaction fees and overnight swaps. The top brokers disclose all of their fees clearly on their websites so that traders can compare them before choosing a broker. The best UK forex brokers also publish a transparent pricing schedule that helps traders understand what they are paying for when they trade.
IG Group is one of the leading forex brokers in the UK, offering traders a choice of over 17,000 financial markets. This includes all major currency pairs, stock CFDs and indices as well as commodities and ETFs. Traders benefit from an excellent mobile app and 24/5 customer support.
Oanda is an FCA-regulated forex broker that offers traders a variety of software tools and tradable assets. Traders can choose between MetaTrader 4 and Oanda’s own web platform, as well as access to TradingView charts that feature a social element. They can trade 70+ currency pairs with spreads from 0.8 pips, and benefit from a wide range of trading services and competitive pricing.