Best Forex Brokers for UK Traders

There is only one authority in the UK that regulates online financial trading. It is called the Financial Conduct Authority, or is more commonly referred to as the “FCA”. As with many other EU territories, UK Forex traders can deposit and trade with almost any broker that they will allow them to do so.

UK based traders can register and trade at any broker, however, as the UK is a member of the European Union, trading with an EU licensed and regulated broker will provide much reassurance and security. Should anything go wrong, your funds are strictly secured as per the regulatory requirements.

As always, we recommend that all traders look into the best brokers to trade with before registering. We believe that we can help make this process pain-free, by providing a collection of the best online Forex brokers for you to choose from. All those we’ve reviewed and recommended have a proven track record in providing their customers with the best experience possible.

Top UK Forex Brokers

No.	Broker		Min Deposit	Bonus	Max Leverage	Read More
1.			$100	$10,000	400:1	REVIEW
2.			$50	100%	1000:1	REVIEW
3.			$200	Various	400:1	REVIEW

About Forex Brokers Recommended for UK Traders

All brokers we’ve reviewed below offer a wide and varied range of currency pairs. They also offer several different trading tools, a large range of cost effective banking options and incredible customer service.

We want to give you as much information as possible within a brief description. You can find a more detailed review of any of these brokers by clicking on their respective brand names.

• Avatrade – Avatrade is incorporated and regulated by the Central Bank of Ireland, the Markets in Financial Instruments Directive of the EU (MiFID), the Australian Securities and Investments Commission (ASIC), is registered as a financial services company in the BVI and regulated by the Financial Futures Association of Japan. One of the unique features of Avatrade is that they offer leverage of 400:1, one of the highest in the industry.
• LMFX – A new name that only started offering brokerage services in 2015, but has fast become a reliable and enjoyable place to trade. They operate as an offshore broker, but are highly reliable, and very customer-focused. This means LMFX are a pleasure to trade with, and one of our few “Five Star Brokers”.
• eToro – are very interesting as they offer a “Social Trading” experience. Essentially, traders get to follow & copy the strategies used by other more successful traders. They are fully regulated in several different jurisdictions and their licensing authorities include the NFA (US), CySEC (Cyprus), ASIC (Australia), CFTC (US), MiFID (Europe) and the FCA (UK). Leverage of 400:1 is also offered.