CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Forex brokers in the United Kingdom

Which brokers hold a local licence in the United Kingdom, which international brokers accept residents, and what to check first.

Firms that offer CFDs or spread bets to UK residents must be authorised by the Financial Conduct Authority. UK retail clients get leverage capped at 30:1 on major pairs, negative balance protection and possible FSCS cover.

What to check first

Search the firm on the Financial Services Register and check the FCA Warning List for clones that copy a real firm’s details. For UK readers we list only brokers with an FCA-authorised entity.

Local regulator: FCA

Brokers licensed in United Kingdom

BrokerTrust ScoreYour entity & regulatorMin. depositPlatforms
1 CMC Markets Since 1989 · LSE: CMCX 91/99 FCA #173730 CMC Markets UK plc $0 Own platform, MetaTrader 4, TradingView Review Visit CMC MarketsOfficial site · we earn no commission here
2 FOREX.com Since 2001 · NASDAQ: SNEX (parent) 91/99 FCA #446717 StoneX Financial Ltd $100 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit FOREX.comOfficial site · we earn no commission here
3 Interactive Brokers Since 1978 · NASDAQ: IBKR 91/99 FCA #208159 Interactive Brokers (U.K.) Limited $0 Own platform, TradingView Review Visit Interactive BrokersOfficial site · we earn no commission here
4 Plus500 Since 2008 · LSE: PLUS 91/99 FCA #509909 Plus500UK Ltd $100 Own platform Review Visit Plus500Official site · we earn no commission here
5 City Index Since 1983 · NASDAQ: SNEX (parent) 89/99 FCA #446717 StoneX Financial Ltd — Own platform, MetaTrader 4, TradingView Review Visit City IndexOfficial site · we earn no commission here
6 IG Since 1974 · LSE: IGG 89/99 FCA #195355 IG Markets Limited — Own platform, MetaTrader 4, TradingView Review Visit IGOfficial site · we earn no commission here
7 Swissquote Since 1996 · SIX: SQN 89/99 FCA #562170 Swissquote Ltd $1,000 MetaTrader 4, MetaTrader 5, Own platform Review Visit SwissquoteOfficial site · we earn no commission here
8 Saxo Since 1992 87/99 FCA #551422 Saxo Capital Markets UK Limited $0 Own platform, TradingView Review Visit SaxoOfficial site · we earn no commission here
9 eToro Since 2007 · NASDAQ: ETOR 85/99 FCA #583263 eToro (UK) Ltd $50 Own platform Review Visit eToroOfficial site · we earn no commission here
10 OANDA Since 1996 83/99 FCA #542574 OANDA Europe Limited $0 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit OANDAOfficial site · we earn no commission here
11 Pepperstone Since 2010 83/99 FCA #684312 Pepperstone Limited $0 MetaTrader 4, MetaTrader 5, cTrader, TradingView Review Visit PepperstoneOfficial site · we earn no commission here
12 XTB Since 2002 · WSE: XTB 79/99 FCA #522157 XTB Limited $0 Own platform Review Visit XTBOfficial site · we earn no commission here
13 Admirals Since 2001 77/99 FCA #595450 Admiral Markets UK Ltd $100 MetaTrader 4, MetaTrader 5 Review Visit AdmiralsOfficial site · we earn no commission here
14 ThinkMarkets Since 2010 77/99 FCA #629628 TF Global Markets (UK) Limited $0 MetaTrader 4, MetaTrader 5, TradingView, Own platform Review Visit ThinkMarketsOfficial site · we earn no commission here
15 Axi Since 2007 75/99 FCA #466201 Axi Financial Services (UK) Ltd $0 MetaTrader 4, MetaTrader 5 Review Visit AxiOfficial site · we earn no commission here
16 Eightcap Since 2009 75/99 FCA #921296 Eightcap Group Ltd $100 MetaTrader 4, MetaTrader 5, TradingView Review Visit EightcapOfficial site · we earn no commission here
17 Vantage Since 2009 75/99 FCA #590299 Vantage Global Prime LLP $50 MetaTrader 4, MetaTrader 5, TradingView, Own platform Review Visit VantageOfficial site · we earn no commission here
18 Capital.com Since 2016 73/99 FCA #793714 Capital Com (UK) Limited $20 Own platform, MetaTrader 4, TradingView Review Visit Capital.comOfficial site · we earn no commission here
19 HFM Since 2010 71/99 FCA #801701 HF Markets (UK) Ltd $0 MetaTrader 4, MetaTrader 5, Own platform Review Visit HFMOfficial site · we earn no commission here
20 FxPro Since 2006 69/99 FCA #509956 FxPro UK Limited $100 MetaTrader 4, MetaTrader 5, cTrader, Own platform Review Visit FxProOfficial site · we earn no commission here
21 FXTM Since 2011 67/99 FCA #777911 Exinity UK Ltd $200 MetaTrader 4, MetaTrader 5 Review Visit FXTMOfficial site · we earn no commission here
22 Tickmill Since 2014 67/99 FCA #717270 Tickmill UK Ltd $100 MetaTrader 4, MetaTrader 5, TradingView Review Visit TickmillOfficial site · we earn no commission here

Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail client accounts lose money when trading CFDs. This site provides information only and is not authorised by the Financial Conduct Authority.