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UK forex brokers

 

 

Brokers regulated in the UK are some of the most reputable financial services providers worldwide. One of the reasons for this is that London has always been a center for finance. Another, even more important factor, is the UK financial regulator - the Financial Conduct Authority (FCA). The FCA enforces some of the strictest requirements to forex brokers worldwide, sees to their compliance, and those who fail to meet the applicable standards are subjected to salty fines.

 

Here are some of the regulatory requirements UK forex brokers have to meet:

Minimum capital requirement of GBP 730 000 in net tangible assets which must be maintained at all times;

Segregated client accounts;

MiFID regulations are still applicable, and probably most of them will remain in force even after the UK exits the EU. Some of these include a leverage cap of 1:30, provision of negative balance protection on a per account basis, regular transaction reporting, ban on trading incentives such as bonuses, and more.

the FSCS coverage: The Financial Services Compensation Scheme is probably the most important guarantee for the security of traders’ funds. All UK brokers are required to participate in this system, and as a result, if any of them goes bankrupt, its clients can receive up to GBP 85,000 of their trading capital as a compensation.

 

Now that the UK is exiting the European Union, there are a lot of uncertainties in the forex sector, but the FCA works closely with other European regulatory bodies to solve all these problems and continue to ensure a stable financial market.

 

Below, you can find a list of forex brokers, authorized to operate in the UK.

 

UK forex brokers

Broker Country Regulation Platforms Min.deposit Review
Cyprus, UK, Mauritius CySec, FCA, IFSC MT4, MT5, Web $10 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
US, UK, Canada, Australia, Japan, Singapore CFTC/NFA, FCA, ASIC MT4, Web,
fxTrade
$1 Review
UK, Cyprus FCA, CySEC MT4 - Review
Denmark, UK FSA, FCA, ASIC Web, SaxoTrader $10 000 Review
UK, Australia FCA, ASIC MT4, MT5, Web,
Mirror Trader
$1 Review
UK FCA MT4, MT5,
Darwinex
$500 Review
UK, Autralia, Belarus FCA, ASIC, NBRB MT4, Web,
Fortrader
$100 Review
UK FCA MT4 £100 Review
UK N/A MT4, Web, LMAX
Mobile
$1000 Review
UK FCA MT4 $200 Review
UK FCA MT4 $0 Review
Cyprus, UK CySEC, FCA eToro
WebTrader,
eToro OpenBook
$200 Review
UK FCA MT4, VertexFX,
Straticator
$500 Review
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, MT5, Web,
PrimeTrader
$100 Review
UK, Cyprus, Australia FCA, CySEC, ASIC Web, Mobile $100 Review
UK, Australia FCA, ASIC MT4 $250 Review
UK, Singapore, Australia FCA, MAS, ASIC MT4, AT Pro,
Advantage Web
£100 Review
UK FCA MT4, Z.com
Trader
$1 Review
UK FCA MT4 $250 Review
United Kingdom FCA MT4 $200 Review
UK FCA, CySEC MT4, cTrader No Review
UK, Cyprus, Australia CySEC, FCA, ASIC MT4, Web $20 Review
UK FCA MT4, Web,
Prodigy
$500 Review
UK FCA MT4, Web $500 Review
UK FCA MT4, xStation $1 Review
UK FCA MT4, AT
Pro,Advantage
Web
£100 Review
UK FCA MT4 1000 GBP Review
UK FCA MT4, Vertex $20 000 Review
UK, New Zealand FCA, FMA MT4 $200 ($50 in NZ) Review
UK, Cyprus, Australia, Estonia FCA, CySEC, ASIC, EFSA MT4, MT5, Web,
Mobile
$200 Review
UK, Cyprus, Bulgaria FCA, CySec, FSC Web $150 Review
Australia, UK ASIC, FCA, DFSA MT4 $1 Review
UK FCA Web, DF Trader $1 Review
UK FCA MT4 $200 Review
Australia, New Zealand ASIC, FMA MT4, Web,
MahiFX
$1 Review
Cyprus, UK FCA, CySEC MT4 $2000 Review
UK FCA MT4,
DealingScreen,
Currenex
$500 Review
UAE, Hong Kong Central Bank of UAE MT4, Orex Prime $100 Review
UK FCA MT4, WebTrader,
FIX API
$100 Review
UK FCA Markets Trader $500 Review
UK FCA MT4, Core
Trader
$10 Review
UK FCA MT4 $250 Review
UK,China, Hong Kong, UAE, Australia FCA, ASIC MT4, Pure ECN
Pro
$100 Review
UK FCA MT4, ETX
TraderPro
£100 Review
UK FCA MT4, Web,
Tradable
$250 Review
UK FCA MT4, PIPTRADE
Webtrader
$50 Review
UK FCA MT4 £200 Review
UK, BVI FCA, BVI FSC MT4,
Alpha/Flash
Trader
$250 Review
UK FCA MT4 $500 Review
UK FCA MT4, Atom8
Trader
£5000 Review
UK FCA MT4 $100 Review
UK FCA MT4, MT5 Review
UK FCA MT4, Web $1 Review
UK FCA MT4 $50 Review
UK FCA MT4 $5000 Review
UK, Cyprus, UAE, Lebanon FCA, CySEC, CBL, DFSA MT4, MT5, Web $50 Review
UK FCA MT4, Web £100 Review
UK FCA MT4 $100 Review
UK FCA MT4, Cix Trader $500 Review
UK FCA MT4 $100 Review
UK FCA MT4, EqlTrader $50 Review
UK FCA MT4 $500 Review
UK FCA MT4 £1000 Review
UK FCA web-based Review
UK FCA MT4, Web Review
UK FCA in-house $250 Review
UK FCA MT4 $5 Review
UK FCA in-house £50 Review
UK FCA MT4 $500 Review
UK FCA MT4 $200 Review
UK FCA MT4 Review
UK FCA MT4 N/A Review
UK, Malta FCA, MFSA CrescoTrader $1000 Review
UK FCA MT4, Web Undisclosed Review
UK FCA MT4 Not specified Review
UK FCA MT4 Review
UK FCA MT4 $100 Review
US, EU NFA, FCA Varies Review
UK FCA MT4, Web $1 Review
UK FCA MT4, Web $250 Review
UK Yes MT4 $5000 Review
UK, Belize FCA MT4 €5 000 Review
UK FCA (Authorised Representative) MT4 Not specified Review
UK FCA MT4 $500 Review
UK None MT4, Web $5 Review
UK None MT4 $200 Review
UK None MT4 N/A Review
UK None MT4 $25 Review
UK None MT4 $500 Review
UK No MT4 $5 Review
UK N/A MT4, MT5 $200 Review
UK None MT4 $100 Review
UK None MT4, Sirix £100 Review
UK No MT4 $10 Review
UK No MT4 $1000 Review
UK No MT4 $250 Review
UK No MT4 $1000 Review
UK No MT4 $200 Review
UK No MT4 $25 Review
UK, Vanuatu VFSC MT4 $600 Review
UK None MT4 $250 Review
UK None MT4 None Review
UK None Eurex $10 000 Review
UK None MT4 €500 Review
UK FCA $100 Review
UK No MT4 $100 Review
UK No MT4 $200 Review
UK No MT4 $1000 Review
UK No MT4 N/A Review
UK No MT5 $250 Review
UK No Web N/A Review
UK FCA MT4 $600 Review

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