All the forex brokers in our top ten list are authorised and regulated by the Financial Conduct Authority where client funds are segregated and protected under FSCS. If you want to convert one currency to another and send money abroad you need a currency broker.
Forex trading carries a high level or risk and losses can exceed your deposits.
|Featured Forex Broker||What Forex pairs can you trade?||How much does Forex trading cost?||CEO Interview||More Info|
|With IG, you can choose to trade more than 80 currency pairs – from majors, such as GBP/USD to exotics such as HUF/EUR. You can trade these forex pairs via CFDs or spread bets.||Get spreads from just 0.6 points on pairs like EUR/USD with the UK’s No.1 FX provider.|| Visit IG |
Your capital is at risk. 76% of retail CFD accounts lose money
|Trade forex on over 300 forex pairs, including EUR/USD, GBP/USD and AUD/USD, plus our customised range of 12 forex indices.||Spreads on EUR/USD, AUD/USD and USD/JPY start from just 0.7 points. CMC USD Index spreads from 0.25.|| Visit CMC |
|Trade 61+ currency pairs with deep liquidity with pricing from multiple sources.||Get some of the lowest forex spreads on the market with raw spreads from 0.0 pips on Razor accounts||Read Tamas Szabo CEO Interview|| Visit Pepperstone |
|Fineco||Trade 50+ Global Forex pairs Forex pairs with Fineco||Fineco Forex spread are as low as, GBP/USD 1, EUR/USD 0.8, EUR/GBP 1|| Visit Fineco |
|Access 182 FX pairs across majors, minors and exotics, plus spot metals, from only 0.4 pips||Ultra-competitive FX spreads and trade major FX pairs from 0.4 pips. Competitive entry prices and even lower rates for active forex traders.||Read Andrew Edwards CEO Interview|| Visit Saxo |
|Trade 48 currency pairs, 24 hours, 5 days a week, micro-lot trading available||Low forex spreads from 0.1 pips on EURUSD, 0.3 pips on GBPUSD and 0.02 on AUDUSD.|| Visit XTB |
|Speculate on over 60 currency pairs with advanced technical analysis tools including Pattern Recognition, ProTrend Lines and advanced indicators plus drawing tools||Low spreads from 0.6 pts on EUR/USD and 0.9 pts on GBP/USD with 24 hour trading on most FX markets|| Visit Spreadex |
|Trade FX CFDs on 60+ Forex Pairs like EUR/USD, GBP/USD and EUR/GBP with up to 1:30 leverage||Variable Forex spreads on currency markets. Plus500 does not charge additional Forex dealing commissions.||Coming Soon|| Visit Plus 500 |
Plus 500 Reviews
|Trade on 84 global FX pairs like EUR/USD, GBP/USD and USD/JPY at City Index with fast execution and tight spreads||Trade forex CFDs, DFT or spread bets with tight spreads from 0.5pts on major FX pairs||Coming Soon|| Visit City Index |
City Index Reviews
|Trade CFDs on 47 of the most popular currency pairs with trades based in USD with eToro Forex||Forex spreads are variable and trading costs are built into the price. Daily finance is charged on overnight positions.|| Visit eToro |
How are the top FX brokers chosen?
The above top ten Forex brokers are chosen based on the below categories:
- The FOREX broker must be authorised and regulated by the Financial Conduct Authority
- The FX company must have a office in London, the global centre of the FX market
- Offer customers 24/5 customer support and online trading
- Have industry standard tights spreads and low trading costs for active customers
- Provide at least one form of added value over other foreign exchange brokers
There are hundreds of FX brokers offering access to the FX market so customers can trade FOREX online. This site aims to help new and experienced FX traders find a secure and safe broker for their trading.
Forex Brokers that offer trading on MT4
MT4 is one of the best trading platforms for speculating on the FX market. There are around 600 brokers that provide access to MT4 through their Forex accounts. However, of the 600 only a handful are really any good and offer significant value above the competition. MT4 brokers gives traders some of the best tools in the market from automated trading signs, expert advisors to professional trade technical analysis and indicators it is well worth a go with one of the top MT4 brokers.
Best Forex accounts for trading EURUSD, GBPUSD and USDJPY online
The top three traded currency pairs are where the best brokers win business from their competitors. Many Forex brokers now offer access to over 10,000 asset classes from UK, EUR, and US shares, indices, commodities to fixed income. But the majority of trading volume will go through the most liquid Forex pairs, EURUSD, GBPUSD and USDJPY. Make sure you read our guide to the top forex accounts for the most popular FX pairs.
Major Forex brokers in the UK – a quick summary.
If you don’t have time to trawl the internet reading endless reviews of the thousands of Forex brokers now offering online Forex trading, have a quick read of our summary of the major Forex brokers in the UK. No fuss, just a concise list of the biggest, best and most respected forex brokers in the business – all UK based and regulated by the FCA.
Three key points to look for in a Forex broker
It’s important when you choose a forex broker that you understand the risks and rewards of trading foreign exchange online. These key features of any decent Fx broker will mean that your expectations are met, your funds are protected, you get a good level or customer service. See the three key things to look for when choosing a Forex broker here.
Best UK Forex Brokers for Beginners
Making sure you trade with a suitable forex broker for beginners is of paramount importance. By making sure your forex broker is properly regulated, offers good education support, customer service and market access you will hopefully enjoy forex trading a lot more.
So, we’ve compiled a list of three of the best forex brokers for beginners in the UK.