2018 Award Winners: Best Brokers

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We are delighted to announce our picks for best brokers of 2018. 

The winners based on the below criteria:

  • Our personal experiences in dealing with them
  • Customer feedback in reviews, in person, online and anecdotally
  • Overall reputation within the industry and approach to customer service

Here are our best broker awards winners and why for 2018:

Best Spread Betting Broker:

  • IG – huge range of markets, lots of added value on the trading platform and excellent customer service

Best CFD broker:

  • Saxo Capital Markets – an excellent trading platform with DMA, CFD options, level-2 pricing, and research tools

Best Forex Broker:

  • Saxo Capital Markets – wide range of FX pairs, tight spreads, FX futures, FX options, and currency ETFs

Best Crypto Broker:

  • XTB – loads of crypto pairs and the ability to create your own universe of crypto products with nice visual post-trade analysis

Best MT4 Broker:

  • ETX Capital – low latency execution, proprietary price feeds and infrastructure

Best Social Trading Broker:

  • eToro – massive client base, easy to use and the option to trade fully paid (100% margined) CFDs and CopyPortfolios

Best Broker For Professional Accounts:

  • Saxo Capital Markets: heavy duty DMA trading platform, experienced trading desks, large institutional product access

Best SIPP and Stocks & Shares ISA Broker

  • Hargreaves Lansdown – a bit like Waitrose, not necessarily the cheapest, but excellent range of products and service

Best Currency Broker/Money Transfer Provider:

  • Transferwise – one of the only money transfer providers to display fixed and transparent mark-ups on transactions

Best Overall broker:

  • IG – well established with a great reputation with retail and institutional clients and a wide range of investment products including; spread betting, CFDs, SIPPs, ISAs, stock broking, IPO access and managed investment portfolios.

To view all the brokers shortlisted view the comparison tables here:

Before anyone gets on their high-horse and mutters, awards are all just a big scam and it’s all down to who pays the most for advertising. Let’s just quickly clear that up.

We don’t charge to enter our awards. The shortlists consist of brokers we deem good enough to be in our comparison tables. We’ve been in this business long enough to spot a good, innovative or customer focused broker. So by being on the Good Money Guide in the first place, they are deemed good enough to be shortlisted on an unsolicited basis.

Whilst we earn money from referring clients to brokers and give them the opportunity to pay for more prominence on the comparison tables, brokers can’t just buy their way onto the site. The brokers and financial service providers we include are at our absolute discretion. You can read more about how we make money here.

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Trading Risk Warning

ALL INVESTING INVOLVES RISK. Investing, Derivatives, Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
ESMA & FCA Risk Warning – “CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 68-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk”