Top 10 Best NDD Forex Brokers UK for 2019

by | Feb 25, 2019

Are you looking for the best NDD Forex Brokers UK because you’d like to trade with a Non-Dealing Desk execution through a reputable UK broker?

We can help you find one.

NDD (non-dealing desk) brokers are well sought-after by forex traders. Unlike dealing desk brokers they do not attempt to make a profit by trading against you, and usually, take advantage of one or many liquidity providers to get you the best possible price to buy or sell at.

NDD brokers in the UK happen to be some of the best, combining top-quality NDD service with exceptional technology and rigorous FCA regulation. Even if you are not based in the UK, they are still worth looking into.

But, as with all things in the forex industry, not everything is as it seems. There are plenty of brokers out there, even in the UK, that claim to be NDD, or at least attempt to give off the impression that they are. In reality, not all brokers are able to pull off such a service. That’s why we made this well-thought-out list of only the most trusted NDD brokers available today.

(This post is part of the best Forex ECN and UK Forex brokers series)

ndd uk forex brokers

Top 10 of the best NDD Forex Brokers UK for 2019

Here are the best NDD Forex brokers in the UK:

  • Regulations: SCB, FCA, FSB, CySEC, DFSA
  • Minimum deposit: $500
  • Platforms: MT4, MT5, cTrader
  • IG rank: 4.5/5


79% of retail CFD accounts lose money

1. FxPro

FxPro has some of the best market execution in the entire forex industry, which is why they are first place on our list. With FxPro’s MetaTrader 4/5 account or with cTrader, traders can benefit from instant and market execution. They were also the first broker to adopt cTrader, which started a huge industry trend. FxPro is also highly regulated and in 2017 was awarded ‘Most Trusted Forex Brand UK’ by Global Brands Magazine.

  • Regulations: FxPro UK Limited authorised & regulated by the FCA (509956); FxPro Global Markets MENA Limited authorised & regulated by the DFSA (F003333); FxPro Financial Services Ltd authorised & regulated by CySEC (078/07) and the FSCA (45052); FxPro Global Markets Ltd authorised & regulated by the SCB (SIA-F184). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Agency
  • Leverage: 1:500
  • Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
  • Platforms: MT4, MT5, cTrader, FxPro Edge (web platform)
  • Headquarters: FxPro Group Limited is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on futures, indices, shares, metals, energies; spread betting
Try FXPRO with a demo account

79% of retail CFD accounts lose money

  • Regulations: CySEC, ASIC, EFSA, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4.2/5


84% of retail CFD accounts lose money

2. Admiral Markets

For a truly international forex broker, Admiral Markets is a serious contender, regulated in a number of countries around the world, aside from the FCA. With Admiral Markets, traders can benefit from a high execution speed of 4 milliseconds, low slippage and rejection rates and no restrictions on trading styles or strategies. Admiral Markets also make it clear that they provide their clients with segregated accounts and have Negative Balance Protection in place.

  • Regulations: Admiral Markets UK Ltd authorised & regulated by the FCA (595450); Admiral Markets AS authorised & regulated by the EFSA (4.1-1/46); Admiral Markets Cyprus Ltd authorised & regulated by CySEC (201/13); Admiral Markets Pty Ltd holds Australian Financial Services Licence (410681). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: Clients registered with a standard retail account can access 1:30 leverage, clients registered with a professional account can access 1:500 leverage
  • Minimum Deposit: $ 200 or similar size in other currencies
  • Platforms: MetaTrader WebTrader, MT4, MT5, MetaTrader Supreme Edition
  • Headquarters: Admiral Markets UK Ltd. is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on commodities, indices, shares, bonds, cryptocurrency, ETFs
Try ADMIRAL MARKET with a demo account

84% of retail CFD accounts lose money

  • Regulations: FCA, ASIC
  • Minimum deposit: $250
  • Platforms: MT4, L2 Dealer
  • InvestinGoal rank: 4.5/5


81% of retail CFD accounts lose money

3. IG Markets

If you are looking for an established forex broker with a wealth of experience, look no further than IG. Involved in forex since its formation in 1974, they have survived so long by remaining innovative. They also claim that if the market moves against you, they’ll ask you to re-submit instead of completing at a price you don’t want. So far, they have successfully gained 195,000 clients worldwide and have access to over 15,000 markets.

  • Regulations: IG Markets Limited licensed by ASIC (AFSL no. 220440), licensed by the FSP (No. 18923), and authorised & regulated by the FCA (195355); IG Index Ltd authorised & regulated by the FCA (114059). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:200
  • Minimum Deposit: £ 250 or equivalent
  • Platforms: MT4, web platform, trading apps (iPhone, iPad, Android mobile, Android tablet), L2 Dealer
  • Headquarters: IG Markets Limited is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on shares, indices, bonds, options, interest rates, sectors, cryptocurrency; spread betting; digital 100s
Try IG MARKETS with a demo account

81% of retail CFD accounts lose money

  • Regulations: FCA, IFSC, KNF, CNMV
  • Minimum deposit: $250
  • Platforms: MT4, xStation5
  • InvestinGoal rank: 4.3/5


79% of retail CFD accounts lose money

4. XTB

With offices in more than 10 countries, XTB is another international and highly regulated broker. XTB offers clients two platforms to trade on; xStation 5 and MT4. Though they claim their xStation 5 supports superior execution speeds, their MT4 platform operates without a dealing desk or requotes, and so would be more appropriate for those looking for an NDD broker. XTB’s service is also highly reputable receiving awards from credible organizations such as Forbes and Bloomberg.

  • Regulations: XTB International Limited authorised & regulated by the IFSC (IFSC/60/413/TS/17); XTB Limited authorised & regulated by the FCA (522157) and by CySEC (169/12); X-Trade Brokers DM SA authorised & regulated by the KNF; XTB Sucursal authorised & regulated by the CNMV. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:200
  • Minimum Deposit: £ 250, € 250 or $ 250
  • Platforms: MT4, xStation 5
  • Headquarters: XTB Group is headquartered in Warsaw, Poland
  • US Customers: No
  • Other instruments: CFDs on stock indices, commodities, ETFs, cryptocurrency
Try XTB with a demo account

79% of retail CFD accounts lose money

  • Regulations: ASIC, FCA
  • Minimum deposit: $250
  • Platforms: MT4, Trade Interceptor
  • InvestinGoal rank: 3.7/5


72.88% of retail CFD accounts lose money

5. ThinkMarkets

Founded 2010, ThinkMarkets has rapidly risen to become one of the top NDD forex brokers operating in the UK, as well as in Australia. Traders with ThinkMarkets can benefit from their ‘fast and reliable’ execution which is powered by Equinix, the world’s largest data center. In 2017, ThinkMarkets was also the recipient of both the ‘Best Forex Trading Experience’ award and ‘Best Forex Trading Innovation’ award by the UK Forex Awards.

  • Regulations: In Australia by ASIC and in the UK by the FCA
  • Type: STP
  • Leverage: 1:400
  • Minimum Deposit: $250
  • Platforms: MT4, Trade Interceptor
  • Headquarters: Melbourne, Australia and London, UK
  • US Customers: No
  • Other instruments: CFD on shares, indices, metals, energies, cryptocurrency

72.88% of retail CFD accounts lose money

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4
  • InvestinGoal rank: 4.3/5


74% of retail CFD accounts lose money

6. AxiTrader

For many traders, the best NDD brokers are the ones that offer ECN access and AxiTrader is known as one of the top ECN brokers out there today. Their ECN network is so great they claim that clients have the same access as financial institutions, hedge funds and even banks themselves. Such levels of access are rare and highly valuable. AxiTrader was also the recipient of the ‘Most Reliable Forex Broker’ award in the AtoZForex.com 2017 Forex Awards.

  • Regulations: AxiTrader UK is authorised & regulated by the FCA (509746); AxiCorp Financial Services Pty Ltd is authorised & regulated by ASIC (318232). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:400
  • Minimum Deposit: $ 200
  • Platforms: MT4 (PC and Mac, webtrader, mobile), MT4 NexGen
  • Headquarters: AxiCorp Limited is headquartered in London, UK
  • US Customers: Accepts US clients through its American subsidiary, AxiTrader USA. Bear in mind the services offered may not be the same
  • Other instruments: Spread betting; CFDs on commodities, gold, silver and metals, oil, indices, Bitcoin
Try AXITRADER with a demo account

74% of retail CFD accounts lose money

  • Regulations: FSPR, FSCL, FCA UK, Central Bank of Armenia
  • Minimum deposit: $2500
  • Platforms: MT4, Equiti Valut
  • InvestinGoal rank: 4.2/5


73.07% of retail CFD accounts lose money

7.  Equiti Capital

Formerly known as Divisa Capital until November 2018, Equiti Capital has a strong presence across the globe with offices on every continent. Equiti Capital offers traders two account types; Executive Account or the Premiere Account. The Executive Account is specifically for new and intermediate traders and offers ECN technology, while the Premiere Account offers institutional-level pricing which is provided from 10 different tier 1 liquidity providers, which is quite impressive.

  • Regulations: Equiti Capital UK Limited authorised & regulated by the FCA (528328); Equiti Group limited authorised & regulated by the Jordan Securities Commission (50248); EGM Futures DMCC licensed by Dubai Multi Commodities Centre (31573) and regulated by the Securities & Commodities Authority (607136). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, Market Maker
  • Leverage: 1:500
  • Minimum Deposit: $ 500
  • Platforms: MT4
  • Headquarters: Equiti Capital UK Limited is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on commodities, indices; precious metals
Try EQUITI CAPITAL with a demo account

73.07% of retail CFD accounts lose money

  • Regulations: FCA
  • Minimum deposit: $500
  • Platforms: MT4/MT5 for desktop, iOS, Android
  • InvestinGoal rank: 4.0/5


77% of retail CFD accounts lose money

8. Darwinex

If you are looking for an NDD broker that specializes in copy-trading, Darwinex is an excellent option. Darwinex promises to open and close trades on the best possible terms with orders being executed via prime brokers such as LMAX and SaxoBank. Darwinex’s copy-trading model is also a huge plus too. It allows traders to treat other traders as investment products and add them to your portfolio.

  • Regulations: Tradeslide Trading Tech Limited authorised & regulated by the FCA (586466) (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP
  • Leverage: 1:200
  • Minimum Deposit: € 500 or $ 500
  • Platforms: MT4, MT5 (both available for Mac, Windows, Linux, iOs and Android)
  • Headquarters: Tradeslide Trading Tech Limited is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on stock, commodities, indices, cryptocurrency
Try DARWINEX with a demo account

77% of retail CFD accounts lose money

  • Regulations: CySec, FCA, ASIC
  • Minimum deposit: $200
  • Platforms: Proprietary
  • InvestinGoal rank: 4.5/5

76% of retail CFD accounts lose money

9. eToro

Since its formation in 2006, eToro has risen to provide a hugely popular service and become perhaps one of the most recognizable forex brands today. eToro are also a great option for those that want to trade cryptocurrency, for which they boast ‘near-immediate execution of market orders’, almost unheard of with many other crypto brokers. On top of that, eToro’s social trading features are some of the best available today.

  • Regulations: eToro (Europe) Ltd. authorised & regulated by CySEC (# 109/10); Toro (UK) Ltd authorised & regulated by the FCA (583263); eToro AUS Capital Pty Ltd. authorised by ASIC (491139). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: Market Maker
  • Leverage: 1:400
  • Minimum Deposit: Ranges between $200 to $10,000 depending on the region
  • Platforms: Webtrader, mobile (iOS and Android)
  • Headquarters: eToro (Europe) Ltd. is headquartered in Limassol, Cyprus
  • US Customers: Yes, but US clients may have significant limitations. US customers will need to deposit a minimum of $10,000
  • Other instruments: CFDs on indices, stocks, ETFs, commodities, bonds; cryptocurrency
Try ETORO with a demo account

76% of retail CFD accounts lose money

  • Regulations: FCA in the United Kingdom
  • Minimum deposit: NO
  • Platforms: LCG Trader, MT4
  • InvestinGoal rank: 4.5/5


79% of retail CFD accounts lose money

10. LCG

LCG is perfect for those who are looking for a large number of instruments to invest in, claiming to have up to 7,000. LCG also offer clients an excellent ECN account which is available on either their LCG Trader or MT4 and offers complete transparency, anonymity and no requotes. Trades can also rest easy knowing that their funds are held safely in tier 1 banks.

  • Regulations: London Capital Group Limited authorised & regulated by the FCA (182110); London Capital Group (CYPRUS) Limited authorised & regulated by CySEC (341/17). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: ECN, STP
  • Leverage: 1:500
  • Minimum Deposit: No minimum deposit required
  • Platforms: MT4 (desktop, tablet, mobile), LCG TRADER (desktop, tablet, mobile)
  • Headquarters: LCG Group is headquartered in London, UK
  • US Customers: No
  • Other instruments: CFDs on spot metals, indices, shares, bonds, commodities, EFTs; vanilla options
Try LCG with a demo account

79% of retail CFD accounts lose money

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