Top Rated UK Forex Brokers Reviews - 2018

In the UK, the Financial Services Authority (FSA) is the only regulator that oversees the operations of financial services providers. Brokerage houses, exchanges and other financial services market all fall under FSA jurisdiction. However, when it comes to regulation related to selling, management and handling of investments, as well as treatment of customers, it is the Financial Conduct Authority, (FCA) that is the main watchdog.

UK based traders can register and trade with any broker. However, as the UK is a member of the European Union, trading with an EU licensed and regulated broker provides reassurance and security. UK Forex brokers should always be FSA regulated.

We recommend that all traders do the proper research into the many Forex brokers before registering with any one of them. We have made this search as easy as possible by offering a list of top Forex brokers in the UK for you to choose from. We’ve reviewed them all and have selected the top Forex brokers with a track record in providing their customers with the best possible trading experience.

Top Rated
Broker Rating Features Minimum Deposit More Info
1 FXTM 9.9

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  • High floating leverage
  • Portfolio management available
  • 20% welcome bonus
$5 Visit site
Go To FXTM Website
2 AvaTrade 9.5

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  • Choice of fixed or floating spreads
  • Highly regulated in multiple jurisdictions
  • Low minimum deposit
$100 Visit site
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3 FXCM 9.4

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  • No dealing desk execution
  • Wide range of trading apps available
  • Low minimum deposit
$50 ?
Standard: $2000, Mini: $50
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Go To FXCM Website
4 XTB Forex 9.0

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  • None
$500 Visit site
Go To XTB Website
5 ETX Capital 8.9

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  • Huge range of CFDs to trade
  • Top notch customer support
  • Excellent education
$100 Visit site
Go To ETX Capital Website

UK Forex Brokers Reviews

FXTM

FXTM or Forex Time, founded in 2012, is still considered a newcomer to the online Forex trading scene. However, within a span of two short years, this broker has managed to carve out a name for itself by wining several industry awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker.” FXTM is headquartered in Cyprus and is regulated by IFSC of Belize as well as FSB.
This should not constitute as advertisement in the territory of Belgium, France and Netherlands.

FXTM Review
AvaTrade

AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals.

AvaTrade Review
FXCM

FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.

FXCM Review
XTB Forex

XTB, founded in 2002, is a Forex and CFD broker domiciled in London, UK. XTB Limited is regulated and authorized by UK Financial Conduct Authority; funds are protected by Financial Services Compensation Scheme (FSCS). XTB Group is one of the top 10 Forex and CFD brokers in the EU according to Forex Magnates Industry Quarterly Report and is the recipient of a number of other prestigious European awards.

XTB Forex Review
ETX Capital

ETX Capital is domiciled in the UK and is regulated by the Financial Conduct Authority. It is a member firm of the London Stock Exchange and offers multi-asset and multi-market derivatives through CFDs and spread betting products to individuals and institutions based in Europe and other locations. ETX Capital acquired the client base of Alpari UK in 2014 and installed MT4 servers similar to those used by Alpari in order to make the transition as simple as possible.

ETX Capital Review