CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Forex brokers in the United Kingdom

Which brokers hold a local licence in the United Kingdom, which international brokers accept residents, and what to check first.

Firms that offer CFDs or spread bets to UK residents must be authorised by the Financial Conduct Authority. UK retail clients get leverage capped at 30:1 on major pairs, negative balance protection and possible FSCS cover.

What to check first

Search the firm on the Financial Services Register and check the FCA Warning List for clones that copy a real firm’s details. For UK readers we list only brokers with an FCA-authorised entity.

Local regulator: FCA

Brokers licensed in United Kingdom

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
1 CMC Markets Founded 1989 Listed 91 CMC Markets UK plc FCA #173730 Tier 1 $0 Own platformMT4TradingView Review Visit site
2 FOREX.com Founded 2001 Listed 91 StoneX Financial Ltd FCA #446717 Tier 1 $100 Own platformMT4MT5TradingView Review Visit site
3 Interactive Brokers Founded 1978 Listed 91 Interactive Brokers (U.K.) Limited FCA #208159 Tier 1 $0 Own platformTradingView Review Visit site
4 Plus500 Founded 2008 Listed 91 Plus500UK Ltd FCA #509909 Tier 1 $100 Own platform Review Visit site
5 City Index Founded 1983 Listed 89 StoneX Financial Ltd FCA #446717 Tier 1 — Own platformMT4TradingView Review Visit site
6 IG Founded 1974 Listed 89 IG Markets Limited FCA #195355 Tier 1 — Own platformMT4TradingView Review Visit site
7 Swissquote Founded 1996 Listed Bank 89 Swissquote Ltd FCA #562170 Tier 1 $1,000 MT4MT5Own platform Review Visit site
8 Saxo Founded 1992 Bank 87 Saxo Capital Markets UK Limited FCA #551422 Tier 1 $0 Own platformTradingView Review Visit site
9 eToro Founded 2007 Listed 85 eToro (UK) Ltd FCA #583263 Tier 1 $50 Own platform Review Visit site
10 OANDA Founded 1996 83 OANDA Europe Limited FCA #542574 Tier 1 $0 Own platformMT4MT5TradingView Review Visit site
11 Pepperstone Founded 2010 83 Pepperstone Limited FCA #684312 Tier 1 $0 MT4MT5cTraderTradingView Review Visit site
12 XTB Founded 2002 Listed 79 XTB Limited FCA #522157 Tier 1 $0 Own platform Review Visit site
13 Admirals Founded 2001 77 Admiral Markets UK Ltd FCA #595450 Tier 1 $100 MT4MT5 Review Visit site
14 ThinkMarkets Founded 2010 77 TF Global Markets (UK) Limited FCA #629628 Tier 1 $0 MT4MT5TradingViewOwn platform Review Visit site
15 Axi Founded 2007 75 Axi Financial Services (UK) Ltd FCA #466201 Tier 1 $0 MT4MT5 Review Visit site
16 Eightcap Founded 2009 75 Eightcap Group Ltd FCA #921296 Tier 1 $100 MT4MT5TradingView Review Visit site
17 Vantage Founded 2009 75 Vantage Global Prime LLP FCA #590299 Tier 1 $50 MT4MT5TradingViewOwn platform Review Visit site
18 Capital.com Founded 2016 73 Capital Com (UK) Limited FCA #793714 Tier 1 $20 Own platformMT4TradingView Review Visit site
19 HFM Founded 2010 71 HF Markets (UK) Ltd FCA #801701 Tier 1 $0 MT4MT5Own platform Review Visit site
20 FxPro Founded 2006 69 FxPro UK Limited FCA #509956 Tier 1 $100 MT4MT5cTraderOwn platform Review Visit site
21 FXTM Founded 2011 67 Exinity UK Ltd FCA #777911 Tier 1 $200 MT4MT5 Review Visit site
22 Tickmill Founded 2014 67 Tickmill UK Ltd FCA #717270 Tier 1 $100 MT4MT5TradingView Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail client accounts lose money when trading CFDs. This site provides information only and is not authorised by the Financial Conduct Authority.