The best forex trading platforms in the UK for beginner traders are the following. Pepperstone - Top UK MetaTrader 4 Broker For Beginners; Plus - Good Risk Management Trading Platform; FXCM - Top UK Trading Platform For Beginners; CMC Markets - Best Web Trading Platform; eToro - Top Beginner Copy Trading Platform; blogger.com - Best Forex Broker For Small AccountsEstimated Reading Time: 8 mins Here is our list of the top UK forex brokers. IG - Best overall broker , most trusted ; Saxo Bank - Best for research, trusted global brand; CMC Markets - Best web platform, most currency pairs; Interactive Brokers - Great for professionals and institutions; City Index - Excellent all-round offering; XTB - Best customer service, great trading platform; blogger.com - Great all-round offeringEstimated Reading Time: 4 mins 1. eToro – Overall Best Trading Platform UK. Launched in , eToro is an online trading platform with more than 17 million clients and is our pick for the best online trading platform UK. This top-rated platform allows you to trade a wide range of asset classes at the click of a button
Best Trading Platform UK - Cheapest Platform Revealed
Are you based in the UK and interested in online trading? You want to know where to trade after Brexit? We want to show you the best selection of UK trading platforms around so that you can start trading yourself, best online forex trading platform uk. We only ever list regulated platforms as we believe that your security is very important.
Besides best online forex trading platform uk, when we put this selection of the best UK brokers together, we always check the following criteria:. whether the trading platform has won any industry awards. each platform regulation credentials. the financial instruments and tools available to traders, best online forex trading platform uk. Our check includes seeing where the licences are registered to plus current licence numbers. Regulation means that a broker must follow strict financial rules that safeguard traders and are legal to operate as a platform.
Can you deposit in £ GBP? Yes, but it must be converted to USD which eToro operates in. Click here to open your first eToro trading account, best online forex trading platform uk. Open a Free eToro Account. You should consider whether you can afford to take the high risk of losing your money. eToro was founded in by a team who wished to bring social online trading to the masses. They succeeded because since then eToro to have more than 5 million people with active accounts on the platform.
Currently the company has registered offices in London UK but also has locations in Cyprus, Shanghai and Sydney. Besides this the broker also holds a regulation licence from CySEC no. There are all levels of traders featured on the platform.
Another unique social trading tool that eToro offers is their CopyTrader tool. This feature lets you automatically copy the same trades of other successful traders, which is great if you want to learn from another member.
This is definitely a special feature that makes eToro stand out from other brokers. The deposit can be made with a variety of payment methods including electronic wallets, credit card and bank transfer. The trading platform has a great selection of financial instruments available including a great cryptocurrency asset selection which has all the main currencies listed including Bitcoin, Ethereum and Ripple. However, they also have some of the more uncommon ones including ZCash and Tezos, so quite a good mix to choose from.
Click here to open your first Plus trading account. One international online broker that is well known for best online forex trading platform uk an incredibly large range of CFD assets in Plus The trading platform has over assets on offer including some that not many brokers have, for example Plus has legal cannabis shares available which are currently a trending topic in the market. Plus was founded by a team that wanted to make online trading user-friendlywhich is why they created an easy-to-use platform with a great range of assets.
The company has grown incredibly since then and now has subsidiary offices all around the world. For the UK the online broker operates as PlusUK Ltdand they have a London office.
The broker is fully regulated, and they hold regulation licences from both the Financial Conduct Authority and CySEC. Each instrument has many assets available, especially for Forex where there are many currency pairs listed. The Share assets also caught our eye, mainly because there is such a big choice featuring many key international companies. However, Plus still offers some of the most competitive spreads on the market, best online forex trading platform uk, so they best online forex trading platform uk attractive to traders.
The minimum deposit is just £however if you make the deposit via bank transfer the deposit increases to £ When the monthly limit has been reached you must pay £10 a time. Other fees that can be charged are on inactive accounts and on overnight positions. Traders are allowed to open just 1 live trading account with the broker, but the self-developed Plus platform is available across 3 different formats: as an online WebTrader, desktop download for Windows and via the Plus Trading App which is available for Android and iOS devices.
All the platform versions are simple to use and well-designed. However, we were really impressed with the App because it was so easy to use and features price alerts and a good search function. It makes trading on the move simple and secure. Open a Free Trading Account. Vantage FX is an Australian based broker which became a leader on the Forex and CFDs trading world. The platform is fully regulated in the UK and holds an active licence from the Financial Conduct Authority.
One of the things the broker is well known is its fast trading platform, the free commissions and very low spreads. The main difference between them is that the Standard STP is commission free. The Standard STP also offers tight spreads and fast execution on trades. Whereas, the RAW ECN account is aimed at professional forex traders who require very low spreads and reasonable commission costs.
In fact, the commission costs just £3 for each lot per side. Both accounts also provide access to more than tradable assets and the minimum deposit for both is £ The broker won several awards in the past years for having one of the best educational systems. If you are a beginner and need some educational tools in order to learn how to trade, then Vantage FX is ideal.
Finally, Vantage FX offers a free demo account for users who want to test the platform and practice trading with virtual money, best online forex trading platform uk.
Open a Free BDSwiss Account. BDSwiss entered the online trading world in with binary options, before switching within a few years to Forex. They have now grown to become a respected European broker. BDSwiss is fully regulated in the UK and Europe so you can be reassured that they are secure to use.
Plus thanks to its low spreads and professional interfacethey have become recognised as one of the best trading platforms in the United Kingdom. All are available to trade as CFDs. No matter which platform you select though, you can find forex spreads starting from 1. The required minimum deposit is only £ which makes the trading accessible for many people. You just best online forex trading platform uk to withdraw more than £ if withdrawing via a bank transferand more than £20 if withdrawing via a credit card or e-walletotherwise a £10 fee is charged.
Finally, thanks to the availability of the BDSwiss mobile trading Appits possible to keep track of your trades on your smartphone from any location. Avatrade is a well known forex trading platform and one of the best brokers in UK. The company is based in Ireland but has also offices in London and it is regulated by the Central Bank of Ireland. Many traders choose to start trading with Avatrade thanks to its advance offer of trading platforms.
For instance, it is possible to use the Metatrader 4, Metatrader 5, best online forex trading platform uk mobile version, the App version and finally the web platform. Among all the best broker in UK for forex, Avatrade offers also a low first deposit of only £ The withdrawal are also fast and have very low commissions.
Try Forex Trading. Founded inone international broker that is popular in UK is UFX. The platform provides a technologically innovative and award-winning platform for their clients. An example of their unique tools includes the UFXMassInsights technology feature. This is a livestream service which lets traders follow what other UFX traders are doing. This is a great way to learn from others and see how other traders are behaving.
Currently the broker has 5 different trade accounts available : micro, small, standard, gold and platinum. Of course each various account comes with different functions and minimum deposit amounts, but for this review we will be looking at the micro account which has the lowest minimum deposit.
The micro account though gives you access to the UFX ParagronEx WebTrader and the mobile trading platforms. For mobile devices, the App is available for iOS and Android devices and both platform types come with the UFX MassInsights Technology plus a free demo account.
Besides that you can also access their educational video library. Overall there is a good selection of assets to choose from, we were especially impressed with the forex currency pairings and the pretty competitive spreads.
The broker is also fully regulatedand currently UFX is operated by a firm called Reliantco Investments Limited. They are authorized to operate and hold a licence from CySEC Cyprus Securities and Exchange Commission. CySEC is a well respected regulation authority the monitors many leading trading platforms, especially brokers in Europe, best online forex trading platform uk.
You can be reassured that the platform is secure and legitimate to trade with, best online forex trading platform uk. ETX Capital is a London based broker that offers forex and CFD trading to many best online forex trading platform uk clients. The broker has a lengthy track record because their parent company, Monecor London Ltd, was established back in They are also listed on the Stock Exchange of London under the Monecor name.
Besides this ETX Capital also holds a further regulation licence from CySEC, no. Being fully regulated you can be reassured that the broker is secure to create an account with. The broker is known for include their easy-to-use platform and their great educational tools.
Their self-developed ETX TraderPro online platform has a well-designed layout. The education tools are also very impressive with free webinars, eBooks and advanced educational courses available for traders of all levels to use. When we checked there was at least 1 live webinar each day planned for this month.
Currently the platform can only be used as best online forex trading platform uk web trader and is not available to download for desktop use, but there is the ETX TraderPro mobile app available for iOS and Android devices. The app comes with price alerts and interactive charts which makes it possible to trade from anywhere, even on the move! Besides this the broker also has the MetaTrader 4 platform available for desktop download and as a smartphone app.
6 Best Platforms to Trade FOREX - Trading Software UK
, time: 9:51Top 10 Best Forex Brokers in UK (FCA Regulated)
1. eToro – Overall Best Trading Platform UK. Launched in , eToro is an online trading platform with more than 17 million clients and is our pick for the best online trading platform UK. This top-rated platform allows you to trade a wide range of asset classes at the click of a button Here is our list of the top UK forex brokers. IG - Best overall broker , most trusted ; Saxo Bank - Best for research, trusted global brand; CMC Markets - Best web platform, most currency pairs; Interactive Brokers - Great for professionals and institutions; City Index - Excellent all-round offering; XTB - Best customer service, great trading platform; blogger.com - Great all-round offeringEstimated Reading Time: 4 mins 19/10/ · Among all the best broker in UK for forex, Avatrade offers also a low first deposit of only £ The withdrawal are also fast and have very low commissions. Best Online Trading Platform UK: UFX. Regulations: CySEC (licence no. /10) Platforms: UFX WebTrader and Mobile App (for micro account) Leverage: Up to ; Minimum Deposit: $ for the micro accountEstimated Reading Time: 8 mins
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