Connect with us

Forex Brokers

UK Forex Brokers




We have reviewed numerous UK forex brokers, these are the top 6 brokers which have met our quality guidelines and accept residents of the United Kingdom. We recommend the following:

UK Forex Brokers

eToro is one of the biggest names in the industry as far as the forex market is concerned. They have been operating since 2007, and have become a household name around the world thanks to their excellent, top-tier regulation, and the unbeatable trading experience they offer to those looking to get involved in social trading or forex.

They now have locations worldwide and offer services to more than 7 million traders across hundreds of countries including all of South Africa.

eToro are extremely well-regulated by top-tier bodies around the world. These bodies include CySEC in the EU which makes the broker fully ESMA compliant, as well as the FCA in the UK.

They operate under the trading name eToro (UK) Ltd, a Financial Services Company authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263.

Read our Detailed eToro Review

Visit eToro

UK Forex Brokers

XM was founded in 2009 and is our our first recommendation for UK residents.

They are doing business as Trading Point of Financial Instruments UK Limited, and they are authorised and regulated by the Financial Conduct Authority (FRN: 705428).

Within the period that has passed, they have managed to become one of the most instantly recognizable names in forex trading and they are also our top ranked global forex brokerage. This is not only due to their excellent regulatory compliance worldwide, they are regulated by both CySEC, and ASIC, as well as two other top-tier regulators including the FCA.

The broker caters for the needs of the forex market in more than 196 countries. This makes them one of the most global brokers in the industry to all levels of trader. Couple this with an exceptional education section, and a great variety of assets to trade in, and you have a winning combination with XM.

Read Our Detailed XM Review

Visit XM


CityIndex is Regulated by the Financial Conduct Authority (FCA# 113942) which sets them apart. They are operating under the trading name GAIN Capital UK Limited.

They operate in the UK at business address: Park House, 16 Finsbury Circus, London, EC2M 7EB.

The brand name of GAIN Capital who are known in financial circles around the world, and are also listed on the New York Stock Exchange. In terms of the broker standing in the sector, City Index are one of the cornerstone names in the entire industry, having been around since 1983.

With such a long track record, it is no surprise then that City Index have become a go to destination for many experienced traders from the UK seeking an operation that is as safe as they come, with regulation in the form of several top-tier bodies.

Still the broker continues to evolve and presents an equally excellent place for newer traders to grow in the industry thanks to a very competitive, low-fee environment with a top selection of asset to choose from.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. 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.

Read Our Detailed CityIndex Review

Visit CityIndex

UK Forex Brokers

FXTM was founded in 2011 in Europe. They are currently headquartered in Cyprus but offer services in forex trading and many other assets to traders around the world including all parts of the UK. They are registered with the FCA, ForexTime UK Limited  is authorised and regulated by the Financial Conduct Authority with license number 777911.

The FXTM minimum deposit starts from just $10 depending on your account type. This means trading is high accessible through FXTM for all level of trader. Added to this, they are an extremely well-regulated broker with the support of multiple respected bodies including CySEC in Europe, and the FCA in the UK.

This trusted regulation, a competitive range of trading costs, and the availability of more than 250 assets to trade, continue to make FXTM a popular choice for UK residents.

Read our Detailed FXTM Review

Visit FXTM

UK Forex Brokers

AvaTrade is a top choice for UK residents, While they were founded in 2006 in Ireland, they have since grown to become one of the top forex brokers in the sector.

A low minimum deposit requirement of just $100 across most of the available account types, coupled with respected regulation from a number of bodies worldwide, make AvaTrade a popular choice for new and experienced UK traders.

The broker offers an extensive range of assets to trade in which includes more than 60 currency pairs, and other markets for trading stocks, ETFs, crypto, and more. AvaTrade users can also avail of a very strong range of educational content with insightful material to fit all level of traders.

Read our Detailed AvaTrade Review

Visit AvaTrade


BD Swiss founded in 2012. Since that time they have grown to become a major forex broker who now offer trading services in more than 180 countries including the UK. They are also have regulatory oversight in place from a number of trusted bodies in the industry. BDSwiss LLC is authorised and registered with the U.S. National Futures Association NFA ID: 0486419, other regulatory bodies they abide by include CySEC.

BDSwiss is also a very well-decorated broker having collected a number of awards particularly in recent years as they have expanded their industry presence. Being recognized as providing one of the best trading platform applications, as well as for their positive trading conditions and environment has helped them greatly in continuing to improve their profile among traders.

Read Our Detailed BDSwiss Review

Visit BDSwiss

Visit FXTM

What is the FCA?

This stands for: Financial Conduct Authority (FCA).

The Financial Conduct Authority is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry.

What are the requirements for FCA Brokers?

One of the requirements to be licensed by the FCA is regular submissions of indepent third-party audits, the storage of client funds in major tier banks. The complete segregation of client funds to be separate from operating funds.

Clients need to always be given near immediate access to funds.

Similar to other money authorities around the globe, brokers in the United Kingdom must provide evidence of a complete breakdown of business transactions, auditing and accounting.

How do I recognized a broker as being FCA Regulated?

All forex brokers that are registered with the FCA are identifiable by a valid FCA registration number. The number should always be located on the website, nearly always near the bottom of the page in the footer section.

Can I contact customer support?

We recommend forex broker in UK that offer 24/7  or 24/5 support to all of the United Kingdom. In most cases you may phone, email, or use live chat.

Spread the love

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

Advertiser Disclosure: is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

ESMA: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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.

Investment advice disclaimer: The information contained on this website is provided for educational purposes, and does not constitute investment advice.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies.

This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio. is not a registered broker, analyst, or investment advisor.