Top 5 UK Forex Brokers

Below are the Top 5 UK Forex Brokers we like and recommend for CFD trading, forex trading and share buying. They pass our tests for transparency, good tools, good trading charting, trustworthiness and trading fees.

When deciding which broker to use, you should consider what level of regulation they have, how good their customer services are, how much they charge to use their service (taking into account spreads, withdrawal fees, inactivity fees etc) and also how good their charting is. Charting is singly the most important aspect and once you get used to a specific chart type and tools set, its good to get to know all the pros and cons so you do not end up making a mistake or setting the wrong triggers.

 

ForexTime (FXTM)

our score

1

Spreads:

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£5

Min. deposit

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  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods

City Index

our score

Variable

Spreads:

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£100

Min. deposit

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  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods

eToro

our score

From 1 Point

Spreads:

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$200 (CN$500)(RU$100)

Min. deposit

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  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods
IQ Option broker platform review

IQ Option

our score

Very Low. Varies

Spreads:

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$10

Min. deposit

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  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods

OctaFX

our score

From 0.4 pips

Spreads:

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$50

Min. deposit

Learn More
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
See Platforms
  • Micro
  • Retail
  • VIP
  • Professional
See Accounts
  • Fixed
  • Variable
See Spreads
  • Bank transfer
  • Credit Cards
  • PayPal
See Methods