Forex brokers in United Kingdom
34 of the 94 brokers we rate hold a licence from the Financial Conduct Authority (FCA), and 77 in total will open an account for someone in the United Kingdom. The gap between those two numbers is the most useful thing on this page.
How this page is builtWe hold each broker's own list of the countries it will not serve, so "accepts you" means "does not exclude you" - not a promise your application will be approved. Local regulation is read from the licences each broker publishes. Both lists are in rating order, and brokers holding no licence at all are left off entirely.
Regulated in United Kingdom
These 34 brokers hold a licence from the Financial Conduct Authority (FCA). That is a different proposition from a broker that merely accepts your application: a regulator in your own country supervises the entity holding your money, and you have somewhere local to complain when it goes wrong.
EightcapASICFCA+49.2/10Get started EightcapFind out more Eightcap
FxProFCACySEC+39.1/10Get started FxProFind out more FxPro
HF MarketsFCACySEC+58.8/10Get started HF MarketsFind out more HF Markets
CMC MarketsFCAASIC+58.7/10Get started CMC MarketsFind out more CMC Markets
Capital.comFCAASIC+38.5/10Get started Capital.comFind out more Capital.com
TickmillFCACySEC+38.5/10Get started TickmillFind out more Tickmill
HYCMFCADFSA (DIFC)8.2/10Get started HYCMFind out more HYCM
AdmiralsFCACySEC+68.0/10Get started AdmiralsFind out more Admirals
IGFCAASIC+87.9/10Get started IGFind out more IG
Plus500FCAASIC+137.8/10Get started Plus500Find out more Plus500
The ten highest rated of 34. The rest appear in the full list below.
What that licence actually protects
The FCA requires client money to be held in segregated accounts, mandates negative balance protection for retail clients, and bans the marketing of crypto CFDs to them entirely.
Retail leverage is capped at 1:30 on major currency pairs. Brokers advertising far more are offering it through entities outside United Kingdom, and which entity takes your account is decided by where you live rather than by which you would prefer.
Eligible clients are covered by the Financial Services Compensation Scheme up to £85,000 if the firm fails.
None of it protects you from losing money on your own trades. It protects you from the firm failing, misusing client money or refusing to deal with a complaint - the risks you cannot manage yourself.
| Broker | Regulators | Founded | Client money segregated | Negative balance protection | Compensation scheme |
|---|---|---|---|---|---|
| Eightcap | ASICFCACySEC+3 | 2009 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients |
| FxPro | FCACySECFSCA (South Africa)+2 | 1999 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients |
| HF Markets | FCACySECDFSA (DIFC)+4 | 2010 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients |
| CMC Markets | FCAASICBaFin+4 | 1989 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; EdW protection up to €20,000 for eligible German clients; CIPF protection for eligible Canadian investment accounts |
| Capital.com | FCAASICCySEC+2 | 2016 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients; additional private insolvency insurance up to €1 million for eligible EU clients |
| Tickmill | FCACySECDFSA (DIFC)+2 | 2014 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible CySEC clients |
| HYCM | FCADFSA (DIFC) | 1977 | Yes | Yes | FSCS up to £85,000 for eligible UK clients |
| Admirals | FCACySECASIC+5 | 2001 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients; additional insurance up to €100,000 under applicable entity |
| IG | FCAASICBaFin+7 | 1974 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; statutory schemes vary by regulated entity |
| Plus500 | FCAASICCySEC+12 | 2008 | Yes | Yes | FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible Cyprus clients |
Every broker that accepts clients in United Kingdom
77 brokers, in rating order. The 34 with a local licence are included here too, so this is the whole picture rather than the remainder.
IC MarketsASICCySEC+39.5/10Get started IC MarketsFind out more IC Markets
TabTradeFSC (Mauritius)9.3/10Get started TabTradeFind out more TabTrade- EightcapASICFCA+49.2/10Get started EightcapFind out more Eightcap
XMCySECASIC+39.1/10Get started XMFind out more XM- FxProFCACySEC+39.1/10Get started FxProFind out more FxPro
Markets.comCySECFSCA (South Africa)9.0/10Get started Markets.comFind out more Markets.com
AvaTradeCentral Bank of IrelandASIC+88.9/10Get started AvaTradeFind out more AvaTrade- HF MarketsFCACySEC+58.8/10Get started HF MarketsFind out more HF Markets
- CMC MarketsFCAASIC+58.7/10Get started CMC MarketsFind out more CMC Markets
- Capital.comFCAASIC+38.5/10Get started Capital.comFind out more Capital.com
- TickmillFCACySEC+38.5/10Get started TickmillFind out more Tickmill
easyMarketsCySECASIC+38.3/10Get started easyMarketsFind out more easyMarkets
Fusion MarketsASICFSA (Seychelles)+18.3/10Get started Fusion MarketsFind out more Fusion Markets- HYCMFCADFSA (DIFC)8.2/10Get started HYCMFind out more HYCM
- AdmiralsFCACySEC+68.0/10Get started AdmiralsFind out more Admirals
GO MarketsASICCySEC+18.0/10Get started GO MarketsFind out more GO Markets- IGFCAASIC+87.9/10Get started IGFind out more IG
InstaForexFSC (BVI)7.9/10Get started InstaForexFind out more InstaForex
AAAFxMISA (Comoros)7.8/10Get started AAAFxFind out more AAAFx- Plus500FCAASIC+137.8/10Get started Plus500Find out more Plus500
MultiBank GroupASICMAS+67.8/10Get started MultiBank GroupFind out more MultiBank Group
FXOpenFCACySEC7.8/10Get started FXOpenFind out more FXOpen
TMGMASICVFSC (Vanuatu)+27.8/10Get started TMGMFind out more TMGM
EC MarketsFCAASIC+37.8/10Get started EC MarketsFind out more EC Markets
XTBKNFFCA+37.8/10Get started XTBFind out more XTB
Blueberry MarketsASICFSC (Mauritius)+17.7/10Get started Blueberry MarketsFind out more Blueberry Markets
AxiASICFCA+27.7/10Get started AxiFind out more Axi
FP MarketsASICCySEC+47.7/10Get started FP MarketsFind out more FP Markets
FOREX.comCFTC/NFAFCA+67.7/10Get started FOREX.comFind out more FOREX.com
WebullSECFINRA+17.7/10Get started WebullFind out more Webull
ACY SecuritiesASICFSCA (South Africa)7.7/10Get started ACY SecuritiesFind out more ACY Securities
DukascopyFINMAFSA (Japan)+17.6/10Get started DukascopyFind out more Dukascopy
Saxo BankFSA (Denmark)FCA+77.6/10Get started Saxo BankFind out more Saxo Bank
SwissquoteFINMAFCA+57.6/10Get started SwissquoteFind out more Swissquote
ActivTradesFCAFSC (Mauritius)+17.6/10Get started ActivTradesFind out more ActivTrades
FXCMFCAASIC+27.6/10Get started FXCMFind out more FXCM
Trading.comFCAASIC+27.5/10Get started Trading.comFind out more Trading.com
ATFXFCAASIC+77.5/10Get started ATFXFind out more ATFX
ADS SecuritiesCMA (UAE)7.4/10Get started ADS SecuritiesFind out more ADS Securities
Global PrimeASICVFSC (Vanuatu)7.4/10Get started Global PrimeFind out more Global Prime
PU PrimeFSA (Seychelles)FSC (Mauritius)+27.4/10Get started PU PrimeFind out more PU Prime
LiteFinanceCySECFSC (Mauritius)7.4/10Get started LiteFinanceFind out more LiteFinance
QuestradeCIRO7.3/10Get started QuestradeFind out more Questrade
FortradeFCAASIC+47.3/10Get started FortradeFind out more Fortrade
FXCCCySECMISA (Comoros)+17.3/10Get started FXCCFind out more FXCC
FXOROCySEC7.2/10Find out more FXORO
IC TradingFSC (Mauritius)7.2/10Get started IC TradingFind out more IC Trading
Trade NationFCAASIC+47.2/10Get started Trade NationFind out more Trade Nation
Capital IndexFCA7.2/10Get started Capital IndexFind out more Capital Index
VT MarketsASICFSCA (South Africa)+27.2/10Get started VT MarketsFind out more VT Markets
NordFXFSA (Seychelles)FSC (Mauritius)7.2/10Get started NordFXFind out more NordFX
tastyfxCFTCNFA7.1/10Get started tastyfxFind out more tastyfx
FinecoBank of ItalyCONSOB+17.1/10Get started FinecoFind out more Fineco
ATC BrokersFCACIMA (Cayman Islands)+17.1/10Get started ATC BrokersFind out more ATC Brokers
TopFXCySECFSC (BVI)+17.0/10Get started TopFXFind out more TopFX
iFOREXCySECFSC (BVI)7.0/10Get started iFOREXFind out more iFOREX
OrbexFSC (Mauritius)FSA (Seychelles)7.0/10Get started OrbexFind out more Orbex
XtradeFSC (Belize)FSCA (South Africa)7.0/10Get started XtradeFind out more Xtrade
FXGiantsFSC (BVI)6.9/10Get started FXGiantsFind out more FXGiants
FXChoiceFSC (Belize)6.9/10Get started FXChoiceFind out more FXChoice
Fintrix MarketsFSC (Mauritius)6.9/10Get started Fintrix MarketsFind out more Fintrix Markets
FXDDNot on record6.8/10Get started FXDDFind out more FXDD
RoboForexFSC (Belize)6.8/10Get started RoboForexFind out more RoboForex
Ox SecuritiesNot on record6.8/10Get started Ox SecuritiesFind out more Ox Securities
Focus MarketsASICFSC (Mauritius)6.6/10Get started Focus MarketsFind out more Focus Markets
Interactive BrokersSFC (Hong Kong)6.5/10Find out more Interactive Brokers
Charles SchwabSECFINRA+16.5/10Find out more Charles Schwab
PepperstoneASICFCA+56.5/10Find out more Pepperstone
VantageASICFCA+36.4/10Find out more Vantage
OANDACFTC/NFAFCA+46.4/10Find out more OANDA
eToroFCACySEC+56.3/10Find out more eToro
EquitiFCASCA (UAE)+46.3/10Find out more Equiti
City IndexFCAASIC+16.2/10Find out more City Index
STARTRADERASICFSCA (South Africa)+36.1/10Find out more STARTRADER
Trading 212FCABaFin+35.9/10Find out more Trading 212
Moneta MarketsFCAFSCA (South Africa)+25.7/10Find out more Moneta Markets
BlackBull MarketsFMA (New Zealand)FSA (Seychelles)5.4/10Find out more BlackBull Markets
Funding an account from United Kingdom
2 of these brokers record Faster Payments among their funding methods. A domestic transfer is usually same-day and free where an international wire is neither, so it is worth more than it looks when two brokers are otherwise close.
Check the withdrawal routes as well as the deposit ones. They are frequently not the same list, anti-money-laundering rules generally require funds to return the way they arrived, and the difference only becomes apparent at the point you want your money back.
Trading from United Kingdom
It is better protected, which is not quite the same thing. The FCA requires client money to be held in segregated accounts, mandates negative balance protection for retail clients, and bans the marketing of crypto CFDs to them entirely.
Eligible clients are covered by the Financial Services Compensation Scheme up to £85,000 if the firm fails.
None of that protects you from losing money on your own trades. It protects you from the firm failing or misbehaving, which are the risks you cannot manage yourself.
77 of the 94 brokers we rate do not list the United Kingdom among the countries they restrict, and 34 of those hold a local licence.
"Does not restrict" is what our data supports. It is not the same as being authorised to serve you, and it is not a promise your application will be accepted - brokers apply their own checks on top of ours.
Under the Financial Conduct Authority (FCA), retail leverage is capped at 1:30 on major currency pairs. That is a regulatory limit rather than a broker decision, and it applies whatever figure the marketing carries.
Brokers advertising far more - 1:500, 1:1000 - are offering it through entities outside United Kingdom, and which entity takes your account is decided by where you live rather than by which you would prefer.
2 of these brokers record Faster Payments among their funding methods, which usually means same-day deposits and no international transfer fee.
Check the withdrawal side as well. The routes are frequently not the same list, and the difference only shows up when you want your money back.
It is better protected, which is not quite the same thing. The FCA requires client money to be held in segregated accounts, mandates negative balance protection for retail clients, and bans the marketing of crypto CFDs to them entirely.
Eligible clients are covered by the Financial Services Compensation Scheme up to £85,000 if the firm fails.
None of that protects you from losing money on your own trades. It protects you from the firm failing or misbehaving, which are the risks you cannot manage yourself.
77 of the 94 brokers we rate do not list the United Kingdom among the countries they restrict, and 34 of those hold a local licence.
"Does not restrict" is what our data supports. It is not the same as being authorised to serve you, and it is not a promise your application will be accepted - brokers apply their own checks on top of ours.
Under the Financial Conduct Authority (FCA), retail leverage is capped at 1:30 on major currency pairs. That is a regulatory limit rather than a broker decision, and it applies whatever figure the marketing carries.
Brokers advertising far more - 1:500, 1:1000 - are offering it through entities outside United Kingdom, and which entity takes your account is decided by where you live rather than by which you would prefer.
2 of these brokers record Faster Payments among their funding methods, which usually means same-day deposits and no international transfer fee.
Check the withdrawal side as well. The routes are frequently not the same list, and the difference only shows up when you want your money back.