Best Forex Brokers for UK Traders 2026
Compare forex brokers for UK traders. FCA-authorised brokers rank higher, and eligible clients of an FCA-authorised firm are covered by the FSCS up to GBP 85,000 if the firm fails — check each broker's UK entity on the FCA register before opening an account.
Tier-1 regulated only. We only list brokers regulated by FCA, CySEC, BaFin, ASIC, or equivalent tier-1 regulators.
Want the full ranked guide with the FCA/FSCS explainer and UK tax breakdown? See our best FCA-regulated brokers for the UK, ranked.
| # ▲▼ | Broker ▲▼ | Score ▲▼ | Cost/Lot ▲▼ | Min Deposit ▲▼ | EUR/USD ▲▼ | Max Leverage ▲▼ | Regulators ▲▼ | Platforms ▲▼ | Action |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  | 9.1 | $5.56 | None | From 0.1 pips (IBKR Pro) | Up to 1:30 | CBIIrelandMNBHungary | Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, Client Portal | This broker does not accept new clients from your region |
| 2 |  IC MarketsEU | 9.1 | $8.00 | $200 | From 0.0 pips (Raw Spread), from 0.8 pips (Standard); Raw Spread EUR/USD average 0.1 | Up to 1:30 | CySECCyprus | MetaTrader 4, MetaTrader 5, cTrader, TradingView | This broker does not accept new clients from your region |
| 3 |  | 9.0 | $11.00 | None | 0.8–1.6 pips (Classic minimum by country: UK 0.8; Saxo Bank A/S 1.1; France 1.6); lower on Platinum/VIP | Up to 1:30 | Danish FSADenmark | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor | This broker does not accept new clients from your region |
| 4 | T2 Trading 212EU | 8.9 | $13.00 | €1 | 1.3 pips average | Up to 1:30 | CySECCyprusFSCBulgaria | Trading 212 Web, Trading 212 App | This broker does not accept new clients from your region |
| 5 |  | 8.8 | $8.00 | CHF 1000 | 1.4–1.9 pips entry tier (EU Standard 1.9; international Standard 1.8; UK Premium 1.4) | Up to 1:30 | FINMASwitzerlandFCAUKSFCHong Kong | Swissquote Platform, MetaTrader 4, MetaTrader 5 | This broker does not accept new clients from your region |
| 6 |  | 8.6 | n/a | None | 0.6–0.7 pips minimum (UK 0.6; Australia 0.7); EU entity publishes no EUR/USD spread | Up to 1:30 | KNFPoland | OANDA Platform, MetaTrader 4, MetaTrader 5, TradingView | Affiliate programme not available |
| 7 |  | 8.5 | $12.28 | $100 | From 0.4 pips (cTrader), from 1.2 pips (Standard); FxPro EU entity, cTrader daily average 0.43 | Up to 1:30 | CySECCyprus | MetaTrader 4, MetaTrader 5, cTrader, FxPro Platform | This broker does not accept new clients from your region |
| 8 |  | 8.4 | $7.00 | $100 | 0.7–0.8 pips minimum (Standard: 0.7 EU/UK; 0.8 international), from 0.0 pips (RAW Spread; not offered in the UK) | Up to 1:30 | CySECCyprus | Forex.com Platform, MetaTrader 4, MetaTrader 5, TradingView | This broker does not accept new clients from your region |
| 9 |  | 8.4 | $4.50 | None | From 0.0 pips (Pro), from 0.6–0.68 pips (Standard) | Up to 1:30 | CySECCyprus | MetaTrader 4, Axi Copy Trading App | This broker does not accept new clients from your region |
| 10 |  | 8.4 | $7.00 | $100 | 0.0 pips (Raw), 1.0 pips (Standard) | Up to 1:30 | CySECCyprus | MetaTrader 4, MetaTrader 5, TradingView | This broker does not accept new clients from your region |
| 11 | A AdmiralsEU | 8.2 | $7.00 | €25 | 0.0 pips (Zero), 0.5 pips (Trade) | Up to 1:30 | CySECCyprus | MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, SteamTrader | |
| 12 |  | 8.1 | $13.00 | £50 | 1.3 pips (Standard) indicative | Up to 1:30 | CySECCyprus | Trading Station, MetaTrader 4, TradingView, ZuluTrade | This broker does not accept new clients from your region |
Risk warnings
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
72% of retail CFD accounts lose money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
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CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage 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.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.