Top 10 Best UK Forex Brokers For Scalping for 2020

Filippo Last Updated: March 2019 10 min read
Top Rated:

Are you looking for the best UK forex broker for scalping because you want to find out which broker offers the best conditions?

We can help you.

Scalping forex brokers in the UK happen to be some of the best in the world, but you need to find the right combination of factors for it be successful and worth your time.

When looking at different brokers for scalping, you need to consider two things – firstly, what platforms they offer and, secondly, what account type is the best to use. If you are able to find the right combination of the two, you’re all set to start scalping.

That’s why we made this list.

Top 10 of the Best UK Forex Brokers for Scalping for 2020

Here’s are our ranking.

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76.5% of retail investor accounts lose money

1 Pepperstone

Pepperstone is arguably one of the best forex brokers around today and offers a cutting-edge service in a number of areas. Scalping is best done with Pepperstone using their cTrader platform and their Razor account. Pepperstone are masters of cTrader being one of the earliest adopters of the technology and developing a wealth of experience on how to use it effectively. Their Razor account has some of the best market access available today and is extremely fast. It’s also highly likely that their Razor account was a significant factor in them winning ‘Best Forex ECN Broker’ by the UK Forex Awards in 2018.

83
Rated: Excellent
security 91
cost 81
trading 70
education 100

Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms Regulations: FCA, ASIC Minimum Deposit: 200
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80% of retail investor accounts lose money

2 XTB

Coming in at a close second is XTB. With XTB, ideal scalping conditions can easily be found by using their highly innovative xStation 5 platform and utilizing their PRO account. XTB’s xStation 5 platform is designed to be easy to use, boasts superior execution speeds to MT4, and has won them a number of awards. On top of that, it is also available as a mobile app and can even be used for smartwatches. XTB is also one of the most international brokers in the world with offices in 10 countries, meeting the strictest regulations.

74
Rated: Excellent
security 92
cost 55
trading 60
education 100

Platforms: Mirror Trader, Proprietary Desktop Platform, MAC Platforms Regulations: FCA, MIFID-ESMA, CYSEC, Offshore Minimum Deposit: 250
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75.54% of retail investor accounts lose money

3 FxPro

With FxPro, traders can find perfect scalping conditions either with their cTrader platform or with the web-based FxPro Edge. For those that don’t know, FxPro was the first broker to offer cTrader, a move that was quickly copied by many others. With FxPro, traders can also take advantage of cTrader’s developers’ community and download bots and indicators. While the FxPro Edge platform is highly customizable and offers some of the tightest spreads around. In 2017, FxPro was also awarded ‘Most Trusted Forex Brand UK’ by Global Brands Magazine.

77
Rated: Excellent
security 94
cost 56
trading 67
education 100

Platforms: cTrader desktop, cTrader web, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, MAC Platforms Regulations: FCA, MIFID-ESMA, FSB, DFSA, CYSEC, Offshore Minimum Deposit: 100
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72.88% of retail CFD accounts lose money

4 Thinkmarkets

Scalping can easily be accomplished with ThinkMarkets by combining their Trade Interceptor platform with their Pro account. Not only is ThinkMarkets’ Trade Interceptor highly powerful, but it also works on numerous devices as well, including mobiles and tablets. Additionally, traders will be happy to know that ThinkMarkets market access is provided by Equinix, the world’s largest data center. And to top it all off, in 2017, ThinkMarkets was awarded both the ‘Best Forex Trading Experience’ award and ‘Best Forex Trading Innovation’ award by the UK Forex Awards.

76
Rated: Excellent
security 91
cost 69
trading 58
education 100

Platforms: Mirror Trader, MT4 Dekstop, MT4 Web, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms Regulations: FCA, MIFID-ESMA, ASIC Minimum Deposit: 250
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76% of retail investor accounts lose money

5 Admiral Markets

With Admiral Markets, traders can benefit from the unbelievably high execution speed of 4 milliseconds, low slippage and rejection rates, and no restrictions on trading styles or strategies. With those conditions already in place, scalping can be easily achieved with Admiral Markets. Though for the best possible results, traders should utilize their MetaTrader Supreme Edition platform and sign up for their Admiral Prime account. Admiral Markets is also another option for those looking for a broker that meets the standards of numerous countries.

75
Rated: Excellent
security 92
cost 62
trading 58
education 100

Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MAC Platforms Regulations: FCA, MIFID-ESMA, ASIC, CYSEC Minimum Deposit: 200
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75.7% of retail CFD accounts lose money

6 ActivTrades

ActivTrades specializes in spread betting and CFDs and serves both retail and institutional clients from around the world. With ActivTrades, traders can utilize the ActivTrader platform, which features one-click trading allowing you to buy or sell faster and access to over 90 indicators to sharpen your analysis skills. Alternatively, MetaTrader 4 and 5 traders can use Smart Order 2 integration to speed up order execution and improve the process of managing positions. In 2018, ActivTrades was also awarded ‘Best Online Trading Services’ by the ADVFN.

73
Rated: Excellent
security 92
cost 64
trading 57
education 80

Platforms: Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms Regulations: FCA, MIFID-ESMA, DFSA, Offshore Minimum Deposit: 100
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79.6% of retail CFD accounts lose money

7 ETX Capital

ETX Capital is one of the most experienced forex brokers, operating for 50 years. During that time, they have made sure that they offer some of the most competitive trading technology available. For excellent scalping conditions, traders should use the ETX TraderPro platform which has been designed specifically for serious traders and offers a great deal of customization. It is also worth noting that the platform is also available for iOS and Android smartphone users, though it is named ETX Capital TraderPro.

75
Rated: Excellent
security 91
cost 62
trading 66
education 79

Platforms: Mirror Trader, MT4 Dekstop, MT4 Web, Proprietary Desktop Platform, Proprietary Web Platform, MAC Platforms Regulations: FCA, MIFID-ESMA Minimum Deposit: 100
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80% of retail CFD accounts lose money

8 CMC Markets

With CMC Markets, traders can expect a truly excellent scalping experience with their Next Generation platform. The platform has been designed specifically to improve the way traders manage their entry and exit, and also boasts one-click trading. Traders with CMC Markets will also be able to benefit from an unbelievable 9,500 tradable products, of which 300 plus are currency pairs.

72
Rated: Excellent
security 93
cost 40
trading 62
education 100

Platforms: Proprietary Web Platform Regulations: MAS, FCA, MIFID-ESMA, ASIC, IIROC, FMA, CBRC Minimum Deposit: 0
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76% of retail CFD accounts lose money

9 IG Markets

IG is another forex broker that has been around for a very long time, surviving largely by remaining innovative in its approach to traders. For the best possible scalping conditions, traders should use the L2 Dealer platform. Ideally for advanced traders, what makes the L2 Dealer platform so good is its DMA access, which allows traders to participate directly in the market. As of 2018, they have successfully gained 195,000 clients worldwide and have access to over 16,000 markets.

80
Rated: Excellent
security 95
cost 52
trading 75
education 100

Platforms: MT4 Dekstop, MT4 Web, Proprietary Web Platform, MAC Platforms Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSB, DFSA Minimum Deposit: 300
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76% of retail investor accounts lose money

10 LCG

LCG, which stands for London Capital Group, is an excellent choice for those who want a diverse portfolio, claiming to have up to 7,000 markets to invest in across 9 different asset classes. For the best results scalping, traders should use the web-based LCG Trader platform which boasts one-click trading, 70 technical indicators, and plenty of customization.

76
Rated: Excellent
security 91
cost 56
trading 65
education 100

Platforms: MT4 Dekstop, MT4 Web, Proprietary Web Platform Regulations: FCA, MIFID-ESMA Minimum Deposit: 0

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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