You can also obtain leverage of up to for retail, and up to for professional accounts with Forex derivatives. A disclaimer: while high leverage does maximise your returns, you take on more exposure to market volatility so it is a high-risk investment. Eightcap is a MetaTrader specialist so they only offer the MetaTrader 4 and MetaTrader 5 trading platforms. This means you can use it for automation, scalping, hedging and integrating with other 3rd part products.

For most traders, this is perfectly fine. MetaTrader 4 is the most popular trading platform in the world for good reason. If you wish to trade forex, you will find it has everything you need to trade successfully. MetaTrader 5 basically has everything MetaTrader 4 has but even more features and advanced trading tools, as indicated below.

You will find the MetaTrader 4 marketplace has thousands of free and paid indicators and automation expert advisors so you can optimise your trading experience. The MetaTrader 5 marketplace is smaller than MetaTrader 4 but it is growing. You should still be able to find the indicators and automation expert advisors you need. Where MetaTrader 5 has the advantage is that it is built for centralised trading meaning it can also offer Share trading.

MetaTrader 5 also has bit processing which means more powerful backtesting. To help you get started with MetaTrader, Eightcap include FX Blue Laps which is a suite of 28 widgets, trading expert advisors and charts. Trading apps include Alarm Manager, Correlation matrix and Trader, Mini and Trade Terminal and Stealth Orders.

The indicator package includes charts such as Donchian, Chart-In-Chart and Renko Bar. If you wish to automate your trading, you can integrate Capitalise. ai with MetaTrader. This tool allows you to create your own algorithms without knowing any code. Eightcap has also recently announced a partnership with CryptoCrusher, a crypto enhancement trading tool and The Amazing Trader, a charting algorithmic platform for FX, indices, cryptos and metals with an in-built risk management tool.

Please note that FCA regulations prohibit UK traders from cryptocurrency CFD trading. Eightcap is an excellent no-dealing desk broker. With competitive spreads and an excellent range of trading platforms and tools, Eightcap is a broker worth considering.

The best forex broker in the UK is Pepperstone based on their low fees including spreads from 0. Pepperstone has local offices in London, United Kingdom and trades in the UK as Pepperstone Limited under Financial Conduct Authority FCA Registration Number Beginner forex traders should consider City Index as the broker offers both spread betting and CFD trading.

The forex broker provides extensive forex training for beginners, a unique forex platform that allows web trading, mobile trading via iOS and Android Apps or a desktop platform that can be downloaded and the option to trade indices, shares and forex.

City Index in the United Kingdom trades as GAIN Capital UK Limited with local offices in London with FCA registration number The lowest spreads available are through a Pepperstone Razor forex account. You can compare the Razor vs standard account to see which one best suits your trading needs. Every forex broker in the UK recommended on this page is listed on the Financial Conduct Authority FCA register.

This was called the Financial Services Authority FSA prior to , after which the Banking Reform Act reformed the authority. As part of Europe , the United Kingdom follows the ESMA guidelines on CFD trading. You can view the full list of FCA regulated brokers at the bottom of this page. The authority is independently formed by the government and funded by membership fees. Forex brokers are required to hold a minimum of £1 million in operating capital in the UK by the FCA.

This may increase based on a formula aligned to the number of traders a fx broker has. Other requirements include:. The FCA has a compensation scheme to guarantee forex broker UK client funds are protected.

This is called the Financial Services Compensation Scheme FSCS. The objective of the FSCS is to compensate CFD traders when a broker comes into insolvency issues, offering protection up to £50, When insolvency and liquidation issues occur, the FSCS provides CFDs traders with:. To submit a claim a CFD trader is required to make an insurance claim through the Financial Services Compensation Scheme website.

To avoid a scam broker, it is strongly recommended that UK residents choose an FCA-regulated broker. Traders should note that this year Cryptocurrency CFD trading was banned by the FCA. This means that any crypto class such as Bitcoin is no longer offered by any regulated broker in the United Kingdom.

Cryptocurrencies are also banned for traders that choose spread betting. Based on factors such as currency trading conditions, forex market range, fees and customer service, a list of recommended UK forex brokers regulated by the FCA has been created. This was last revised in November and is regularly updated based on CFD providers that gain or lose an FCA licence.

Many brokers such as OANDA, XTB and their platform xStation were considered in this review and may be featured on our other UK comparison page. They are shown in the table below. Disclaimer: CFD and Spread Betting involve complex instruments.

In volatile markets, the combination of leverage creates a high-risk trading environment. Volatility can lead clients to lose money quickly. Make sure that you understand the risks of CFDs and spread bets and can afford to lose your money when trading. I noticed that some overseas brokers offer higher leverage than the list provided here.

Why is this? The Financial Regulator of the UK, the Financial Conduct Authority FCA restricts maximum leverage to for major currency pairs and for minor currency pairs. Professional traders however can trade with leverage up to Leverage involves high risk, so if spread move in an unfavourable direction, losses can be crippling.

For this reason, leverage is limited for retail traders to protect them as they may not have the funds to cope with such large losses or the skills to trade effectively with leverage. Some overseas regulators have a more relaxed approach to leverage however these brokers are no approved for traders in the UK. If you are in the UK, you can use a broker regulated by CySEC at this time however if you are in Europe, you should use a broker regulated by a European regulator.

Spread betting is an alternative to CFD trading and is only available in the UK and Ireland. CFD trading and spread betting have some similarities in that they are both leveraged products that allow you to profit off the price movements of the same kind of financial products without owning the actual instruments however this is where the similarity ends.

When spread betting, you bet on how much you think a market will increase or decrease. You bet per point or pips how much the market will move from that point and the more it moves you win or lose a proportional amount.

CFD trading is different, with this you buy a contract at the price matched the underlying instrument. You profit or lose when the price moves away from your purchased price. Spread betting does offer some tax benefits over CFD trading. CFD trading is subject to capital gains taxed but unlike spread betting, you may be able to claim a tax loss if you lose.

Of the UK-regulated brokers we discuss, our top stockbroker is eToro. With over two thousand different stocks and share CFDs as well as free expert stock analysis, eToro is a great broker for trading shares.

We use cookies to ensure you get the best experience on our website. By continuing to browse you accept our use of cookies.

Best UK Forex Brokers Lowest Spread Forex Brokers Best UK Spread Betting Brokers Best ECN Brokers In UK FCA Regulated Brokers. Best CFD Trading Platforms In UK Best Forex Platforms For Beginners Best MT4 Brokers In UK Copy Trading Platforms Automated Trading Platform. Pepperstone Review IG Markets Review FP Markets Review Swissquote Review FXCM Review Plus Review. Home » Trading » Best Forex Broker UK. Best Forex Brokers In UK Forex trading in England and Wales requires an FCA regulated UK forex broker offering CFDs, currency pairs and forex trading platforms.

Written by Justin Grossbard Written by Justin Grossbard Co Founder. Edited by Justin Hertzberg Edited by Justin Hertzberg Forest Park FX President.

Reviewed by Riley Adams Reviewed by Riley Adams Senior Trading Editor. Fact Checked We double-check broker fee details each month which is made possible through partner paid advertising. Learn more this here. Visit Site. Our Rating. Review Of Pepperstone.

Review Of FXCM. Review Of eToro. Swissquote Review. CMC Markets Review. FCA UK. Raw Spread. Commissions USD Base. Minimum Deposit. Swap Free Account. No Inactivity Fees. Funding Methods. No Funding Fees. Currency Pairs. Index CFDs. Share CFDs. Commodities CFD. Retail Max. Leverage The United Kingdom. MetaTrader 4 MT4. MetaTrader 5 MT5. Proprietary Platform.

Automated Trading. Standard Stop Loss. Guaranteed Stop Loss. Demo Account. Pepperstone Is The Best FCA Regulated Forex Broker. Base Currency USD EUR AUD GBP. Total Fees. Visit Broker. Our Rating The overall rating is based on review by our experts. Key strengths of FXCM include: Large range of forex pairs Choice of trading platforms Discounts for active traders Account Types And Platforms FXCM Account FXCM offers a choice of 2 types of trading accounts.

FXCM Standard Account The FXCM is the trading account most traders with FXCM will use since there is no minimum deposit to sign up. You can use any of the trading platforms on offer: Trading Station NinjaTrader MetaTrader 4 ZuluTrade All trading platforms support automation facilities and come with advanced backtesting capability.

Final Verdict On FXCM Those looking to trade not just forex majors but also exotic currency pairs and rare Contracts for Difference should choose FXCM based on the large range of forex and CFDs available with the online broker.

Plus Has The Top Mobile Forex Trading Platform Plus is a market-maker forex broker that offers an intuitive trading platform with a range of useful risk management tools. Key Strengths Of Plus include: Commission free trading Large range of trading products A Guaranteed Stop Loss Order Plus Trading Accounts Plus is a spread-only broker meaning they do not charge commission costs. Plus Trading Platform Plus has its own proprietary trading platform.

One of the appeals of the Plus trading is its risk management tools. Risk Management Tools Plus comes with a number of useful risk management tools to help protect you against losses, of particular note is their Guaranteed Stop Loss Order.

Guaranteed Stop Loss Orders GSLO : For a small premium by widening the spread when you open your position, you can protect yourself from unexpected losses by using a GSLO.

Price Alerts: As well as different order types and sentiment features, Plus offers clients excellent alert tools. Plus Products Except for cryptos which are banned for retail traders in the UK , Plus offers all the CFD products one should expect. Final Verdict On Plus Plus is best for traders wanting access to a guaranteed stop loss or who want to be mobile when trading.

eToro Is The Top UK CFD Broker For Social Trading eToro UK Ltd is unique as a forex brokers in the UK with its focus on social trading. The broker earns its reputation as the best social broker for CFD trading with the following strengths: Best social trading network in the industry Excellent proprietary trading platforms CopyTrader and Smart Portfolios platforms The eToro Trading Accounts eToro is a market maker, so only offers one type of trading account.

Final Verdict On eToro Individuals who want to copy the trades of selected forex traders and like being part of a social trading community should choose eToro.

FxPro Has The Best Forex Broker UK Customer Support Our best forex broker UK analysis found FxPro had one of the best range of markets including over 70 currency pairs with ultra-tight spreads in addition to Shares, Spot Metals, Spot Energies, Spot Indices, Shares and Futures.

Key Strengths In the FxPro offering include: Choice of Variable and Fixed Spreads Choice of 4 trading platforms Specialist Spread Betting Platform FxPro Trading Accounts It is worthwhile making an effort to understand the types of accounts FxPro offer before signing up as there are differences between each account.

Both IG Markets Ltd Register number and IG Index Ltd Register number are authorised and regulated by the Financial Conduct Authority. Next, look up the firm on the FCA website to validate the register number is, in fact, legitimate. Here is the official FCA page for IG Markets Limited. Was this helpful? Yes or No. For our Forex Broker Review we assessed, rated, and ranked 39 international forex brokers over a three-month time period resulting in over 50, words of published research.

Each broker was graded on different variables, including our proprietary Trust Score algorithm. This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure.

Read more about Trust Score here. As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.

Ultimately, our rigorous data validation process yields an error rate of less than. Learn more about how we test. There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks. Steven Hatzakis is the Global Director of Research for ForexBrokers. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry.

Retail investors can also trade in precious metals, including gold, silver, platinum and palladium. Spreads begin at 0. As a bonus, you can trade gold and silver against GBP, EUR, CHF and AUD in addition to USD. Should you use either MetaTrader platform to trade metals, 1 lot will be ounces except for silver where 1 lot equals 5, ounces. If you are using Advanced Trader, 1 lot will be 1 ounce for all metals. Swissquote also offers stocks, indices, hard commodities and bonds for those looking for a more diversified portfolio.

Many of these indices can be traded using spot or as forwards while commodities are available as forwards or synthetics. All bonds are available as forwards. Swissquote combines a number of factors well including deep access to liquidity from top-tier providers at the fastest execution speeds with a great range of trading platforms, making the broker a great overall FX platform provider.

With 5 distinct types of trading platforms plus 3 social trading trading tools, 2 type of trading accounts and a large range of products, Pepperstone has something for all types of traders. This account type uses Straight-Through-Processing STP trading execution to bring you ECN like pricing. With this type of execution, quotes are provided directly from liquidity providers which means there is no dealing desk involved in the trading process. To keep spreads as organic as possible, a brokerage commission of GBP 2.

The Razor account is best for traders wanting the lowest possible spreads. Spreads for the Razor account start from 0. Regardless if you trade with commissions or no commissions, Pepperstone is an top forex broker for low spreads. When it comes to no commission spreads, spreads start from 0.

The chart below compares the average spread for the standard account of different brokers such as City Index, CMC Markets and Forex. spreads are taken from each broker's website and updated monthly. Looking at this comparison, it is clear Pepperstone is one of the best choices you can make for tight spreads.

In terms of products, Pepperstone provides you with a wide range of financial instruments for trading, allowing you to diversify your portfolio. If you really want to spread your risk with forex, you can choose from 3 currency indices. This is a US Dollar Index made up of 6 currencies with a large weight to the Europe, Yen and Pound. The other currency indices available are the Europe Index and the Japanese Yen Index.

Leverage for all indices is If you prefer to spread bet rather than trade CFDs, all products in the Pepperstone portfolio are available to bet with. To spread bet, you will need to use one of the MetaTrader platforms or cTrader. Previously, Pepperstone provided access to cryptocurrency markets as well as the above asset classes, however, recent changes to FCA regulations in the UK now mean retail traders cannot trade cryptos such as Bitcoin.

Pepperstone offers a choice of 5 trading platforms. These are MetaTrader 4, MetaTrader 5, cTrader, Capitalise. ai and TradingView. Each platform has features that will appeal to different traders, below we cover each platform and help you understand which platform best meets your trading needs.

Choose MetaTrader 4 if you want to be part of the largest forex platform community. This platform just does everything you need to trade forex very well. While beginner to Intermediate traders and even advanced traders will find MetaTrader 4 more than meets their needs, If you want more advanced features like extra charts, more backtesting and extra processing power or you want to trade shares with CFDs, then MetaTrader 5 is a better options.

Pepperstone allows scalping and hedging which you can take full advantage of with the use of Expert Advisors and Smart Trader Tools. These tools help you to identify trading opportunities and automate your trading. On the subject of automating your trading, the Capitalise. ai trading platform is a game changer. With this platform, you can create algorithms to automate your trading for the entire range of Pepperstone financial instruments using plain English in place of code.

If you are an analytical trader then the TradingView platform will best meet your needs. As a bonus, trading can be done directly through the charts.

Pepperstone also provides 3 social trading platforms, DupliTrade and Pelican and MetaTrader Signals. Social trading allows you to copytrade other successful traders in the community, thus saving you time. You can even automate this copy trading. Pepperstone is multipi-award winning broker.

To highlight the quality of their services, Pepperstone won not 1 but 5 awards at the prestigious Investment Trends Awards in Awards won include best for client satisfaction, and value for money. Pepperstone is a top FX broker with super-fast MT4 execution speeds and ultra-competitive Forex spreads, across the board. For the best charting platform out there, look no further than FXCM. Trading Station is the trading platform developed by FXCM for the exclusive use of its clients of all skill levels.

With this platform, you will find some of the best analytical tools of any platform on the market. Their standard account features zero commissions with average minimum Forex spreads of 1. You will get the most choice of tradeable markets using Trading Station with stock CFDs available while using MT4 gives you 43 Forex pairs to trade.

Spread betting is also available. FXCM offers a great range of trading platforms, in particular, the popular MetaTrader 4 and their excellent proprietary platform, Trading Station. Trading Station is our recommended trading platform with FXCM. The platform is available for download on your Windows, as a mobile app for Android and iOS and was recently upgraded to HTML5 allowing for optimal functionality with all web browsers.

With this platform, you get all the major features FXCM has to offer, including Marketscope 2. Marketscope 2. Some 55 built-in indicators are available with this platform but you can add as many as you need via the FXCM app store, including 26 drawing tools and 10 timeframes. Another major feature is that trade automation is permitted, a feature usually only found on mainstream platforms such as MetaTrader 4 and 5.

Here you can apply forex strategy backtesting and optimisation to help you achieve the best trading results. There is also a solid range of speciality and algorithmic platforms, including Quant Connect, Motivewave and Sierra Chart.

Each has its own unique advantages to enhance your trading experience. If you wish to do social trading, FXCM offers the popular ZuluTrade. ZuluTrade uses algorithms to help you find the best traders in their leading social trading community and then copy their trades with minimum hassle. Best of all, you only pay the traders you copy if you make a profit.

Overall, FXCM is an excellent choice for algorithmic traders, giving users a superior charting experience with automation capability. Their biggest selling point is in their proprietary Trading Station, which comes with great advanced trading tools, while there is also a wide array of related platform options that provide advanced charting tools and support automated trading strategies.

IG is one of the oldest brokers, founded in london in Not only does IG have the best range of trading platforms, but the broker also has one of the best proprietary trading platforms in the industry, with excellent trading and research tools.

A big plus with the IG platforms is the inclusion of a guaranteed stop loss. Their CFD account is aimed at beginners, with no commissions other than share CFDs at 0. The forex market spreads you will obtain are very competitive, starting as low as 0. This, in addition to low commissions for share CFD trading at 0.

Bank Transfer incurs no such costs. To open either account, you will need an initial deposit of GBP using card or PayPal. Some Forex pairs are available along with a large range of metals, energies. You can even trade some rare tyes of CFD products such as options, treasuries, interest rates. Stocks for international stock exchanges are also available both as CFD and with proper equities. IG Markets offers 4 distinctly different trading platforms, thus allowing you to find the platform that fits your needs.

This includes the full range of trading products, 28 indicators, 17 drawing tools and 4-time frames in a single chart. Other features include 5 order types including guaranteed stops to protect yourself against more losses than you are able to accept. Monitoring tools such as watchlist, price alerts and Autochartist and ProRealTime integration. If you prefer to trade via your mobile, then you can download the Android or iOS app or use the progressive web app.

The mobile app has many of the same critical features available as the web version but does not offer Autochartist or ProRealTime. DMA trading is also possible but with iOS only. A progressive web app is a browser-based tool with mobile shortcuts. L2 Dealer is a purpose-built trading platform for traders who wish to have direct market access DMA pricing.

To access DMA you will need a Forex Direct account for forex trading or a Share DMA account for Share trading. While the platform itself is free, there are additional costs to access shares data and live level 2 pricing. When trading direct market access DMA , having an understanding of the overall sentiment of the market can be a major advantage. If you rely on charting for advanced technical analysis when trading, ProRealTime offers over powerful decision support tools to help with this.

ProRealTime is a charting package that can function as a standalone trading platform or add-on to the IG web-based trading platform. ProRealTime is free to use in the first month and will remain free as long as you make 4 trades per month.

The platform also has automation capability. Overall, IG has a platform for everyone, whether it be their excellent proprietary platform, DMA trading with L2 Dealer, ProRealTime for advanced charting tools or the popular MT4.

The broker also offers competitive pricing and a good range of tradable products. FxPro has been awarded the best cTrader Forex broker with the best UK spread betting platform by our team of expert analysts.

This is because many advanced trading tools help FxPro to stand out from the other cTrader brokers. Each account also uses either instant or market execution. Instant execution is subject to requotes but no slippage, while market execution may have some slippage but there are no requotes.

The best UK forex broker is determined by the brokerage spreads , forex trading platform and trading experience. We compared top forex trading platforms and found the best broker for each software. With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. Justin achieved Honours in Commerce and has a Master's degree from Monash University.

He also owns Innovate Online offering digital marketing services with over 20 employees. As a Senior Financial Analyst for Alphabet with an active CPA, Riley has a vast amount of financial knowledge.

He has a Master's Degree in economics at Penn State University and a B. He also owns the website Young and the Invested providing investing advice for young individuals. He has an MBA in finance from the University of Miami Herbert Business School.

Fact Checked. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.

These awards were based on the spreads, commissions, customer service and features of each forex broker. For a UK forex broker to be eligible, they must be FCA regulated with an office within the United Kingdom. A summary of the key strengths of each five forex brokers is shown below. The term trading platforms is often used to mean two different but somewhat overlapping things.

The most common usage refers to the actual software to execute trades. Here we are referring to trading platforms such as MetaTrader 4, cTrader, TradingView, Captialise.

ai and in some cases, platforms developed by the brokers themselves. All these platforms have features with their own selling points such as better UX, graphical or analytical tools, news reporting, automation and social trading. If you find a platform with the features, you like, the next step is to find a broker offering that platform.

This is because the broker makes your trading possible by providing the infrastructure you need in order to trade. You could say, the broker gives you the platform for you to do your trading.

Factors to consider when choosing a broker include the trading accounts, costs, products and of course the trading platform. On this page, we cover both bases. We start off with some information about the broker and their trading accounts and products and then summarise the trading platforms they offer. All brokers on this list are regulated by the Financial Conduct Authority FCA which is the financial regulator of the United Kingdom. Swissquote is an investment bank established in Switzerland in CFD and Forex trading are provided to UK traders through their UK subsidiary Swissquote LTD.

Swissquote offers two types of standard accounts and 2 commission accounts, the main difference between the accounts is the minimum deposit. Accounts with larger minimum deposits have lower spreads.

All of the above means Swissquote gives UK clients the best all-around experience, especially when trading forex. From beginners to professional traders, Swissquote offers attractive trading terms to UK-based retail investors of all experience levels to trade forex. The Swissquote Premium account offers variable spreads starting from 1. Traders opting for this account type will need to make a minimum deposit of USD 1, to begin trading.

However, leverage is capped at for major pairs and for minor pairs due to FCA requirements like with all FCA-regulated brokers. Likewise, traders with a Swissquote Prime account will enjoy variable spreads from 0. Leverage for this account type also maxes out at The Swissquote Elite account tightens the spread further. Forex spreads begin at 0. The minimum deposit for this account type is USD 10,, and leverage is capped at Finally, experienced, high-volume forex traders have access to the Swissquote Professional account.

These account holders will enjoy spreads of 0. Swissquote takes the number one spot based on its execution model, which consistently delivers value to retail investors. With an average execution speed of 9ms, Swissquote has the lowest slippage rate of any UK forex broker we reviewed. Unlike other UK forex brokers, which often act as market makers and will sometimes refuse trades or requote to protect their own liquidity, Swissquote uses a hybrid model.

The result? Competitive spreads and a near guarantee that your trades will process at the actual quoted price or better. Like all the best UK forex brokers, Swissquote provides UK-based traders with several trading platform options. For those new to online investing, Advanced Trader offers all the powerful features of Trading View in an easy-to-navigate interface.

With over 80 technical indicators and over 50 charting tools, the platform offers advanced trading analytics. These features are in addition to the 8 timeframes and 27 indicators that come with Advanced Trader. Lastly, the platform is presented in a pared-down format that prioritises easy viewing for a successful trading strategy.

While suitable for beginners, Advanced Trader has several unique features that make it stand out. This includes several sophisticated order types that will appeal to more advanced retail investors, including Order Cancels Other, IF OCO, and IF DONE. Automatic pattern detection will do an analysis of your charts to find you 17 of the most common chart patterns. The platform also comes with bonus news sources such as Dow Jones and FX Insider. In addition to thousands of technical indicators, advanced charting tools, as well as expert advisors EAs.

MetaTrader 4 has 30 built-in indicators, free customer indicators and more than others available for purchase via the MetaQuotes marketplace.

You also get 24 analytical objects for great charting analysis and 9 timeframes. For an even richer trading experience, MetaTrader 5 comes with 80 built-in indicators, 44 analytical objects and thousands more via the MetaQuotes marketplace and code base. Regardless of which platform an investor chooses, UK-based forex traders can take advantage of plug-ins to access even more sophisticated trading tools, including AutoChartist, MetaTrader Master Edition and Trading Central.

Forex traders have plenty of products to choose from with Swissquote. The broker offers over 70 currency pairs ranging from major to minor to emerging. Retail investors can also trade in precious metals, including gold, silver, platinum and palladium. Spreads begin at 0. As a bonus, you can trade gold and silver against GBP, EUR, CHF and AUD in addition to USD.

Should you use either MetaTrader platform to trade metals, 1 lot will be ounces except for silver where 1 lot equals 5, ounces. If you are using Advanced Trader, 1 lot will be 1 ounce for all metals. Swissquote also offers stocks, indices, hard commodities and bonds for those looking for a more diversified portfolio.

Many of these indices can be traded using spot or as forwards while commodities are available as forwards or synthetics. All bonds are available as forwards. Swissquote combines a number of factors well including deep access to liquidity from top-tier providers at the fastest execution speeds with a great range of trading platforms, making the broker a great overall FX platform provider. With 5 distinct types of trading platforms plus 3 social trading trading tools, 2 type of trading accounts and a large range of products, Pepperstone has something for all types of traders.

This account type uses Straight-Through-Processing STP trading execution to bring you ECN like pricing. With this type of execution, quotes are provided directly from liquidity providers which means there is no dealing desk involved in the trading process. To keep spreads as organic as possible, a brokerage commission of GBP 2.

The Razor account is best for traders wanting the lowest possible spreads. Spreads for the Razor account start from 0. Regardless if you trade with commissions or no commissions, Pepperstone is an top forex broker for low spreads. When it comes to no commission spreads, spreads start from 0.

The chart below compares the average spread for the standard account of different brokers such as City Index, CMC Markets and Forex. spreads are taken from each broker's website and updated monthly. Looking at this comparison, it is clear Pepperstone is one of the best choices you can make for tight spreads. In terms of products, Pepperstone provides you with a wide range of financial instruments for trading, allowing you to diversify your portfolio. If you really want to spread your risk with forex, you can choose from 3 currency indices.

This is a US Dollar Index made up of 6 currencies with a large weight to the Europe, Yen and Pound. The other currency indices available are the Europe Index and the Japanese Yen Index. Leverage for all indices is If you prefer to spread bet rather than trade CFDs, all products in the Pepperstone portfolio are available to bet with.

To spread bet, you will need to use one of the MetaTrader platforms or cTrader. Previously, Pepperstone provided access to cryptocurrency markets as well as the above asset classes, however, recent changes to FCA regulations in the UK now mean retail traders cannot trade cryptos such as Bitcoin.

Pepperstone offers a choice of 5 trading platforms. These are MetaTrader 4, MetaTrader 5, cTrader, Capitalise. ai and TradingView. Each platform has features that will appeal to different traders, below we cover each platform and help you understand which platform best meets your trading needs. Choose MetaTrader 4 if you want to be part of the largest forex platform community. This platform just does everything you need to trade forex very well. While beginner to Intermediate traders and even advanced traders will find MetaTrader 4 more than meets their needs, If you want more advanced features like extra charts, more backtesting and extra processing power or you want to trade shares with CFDs, then MetaTrader 5 is a better options.

FxPro Is The Best Forex Broker With cTrader FxPro has been awarded the best cTrader Forex broker with the best UK spread betting platform by our team of expert analysts. Pepperstone Review IG Markets Review FP Markets Review Swissquote Review FXCM Review Plus Review. Commissions USD Base. Forex Brokers. Visit Site. The main user interface is designed to help beginners trade in an environment that focuses on simplicity. Trading Platforms Plus only offers one trading platform but its own proprietary trading platform is intuitive and very simple to use for beginners.

Categories:

• Forex Brokers
• Binary Options
• Forex Bitcoin
• Binary Options online
• Forex