#1

FxPro

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

#2

Admiral Markets

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

#3

FXTM

  • Regulations: CySEC, FCA, IFSC
  • Minimum deposit: $5
  • Platforms: MT4, MT5
  • InvestinGoal rank: 3.9/5

#4

ACTIVE TRADES

  • Regulations: FCA
  • Minimum deposit: $100
  • Platforms: ActiveTrader, MT4, MT5/
  • InvestinGoal rank: 4/5

#5

Pepperstone 

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader, cAlgo
  • InvestinGoal rank: 4.8/5

UK MT4 and MT5 Forex Brokers for 2019

by | Mar 25, 2019

Are you looking for the best UK MT4 and MT5 Forex Brokers because you’d like to trader on the most famous trading platform through a reputable UK broker?

We can help you.

Known as having a large community of online retail traders, the United Kingdom is a magnet for big brokerage houses. This comes with an advantage for traders too: the FCA (Financial Conduct Authority) is one of the most reputable regulatory bodies in the industry.

To operate in the United Kingdom, one needs to be FCA regulated. Therefore, there is a massive competition among U.K. Forex brokers, and the customer is the one to benefit the most.

One of the criteria to differentiate between different brokers is the trading platform they offer. For the retail trader, the MT4 and MT5 platforms are mandatory due to their easy-to-use interface and various third-party integrations they offer.

The difference between the two platforms comes most in the form of the limitations offered by the MT5, rather than anything else. However, as it turns out, the MT5 platform is more competitive in terms of risk management, and this is what attracts retail traders to brokers that offer it.

Among other things, the implementation of the FIFO (First In First Out) rule and the anti-hedging policy makes the MT5 platform a viable solution for every retail trader.

Here’s an objective ranking of UK MT4 Forex brokers, as well as UK MT5 Forex brokers, for those willing to trade with the newest release of the MetaQuotes Software Corp. It will top any other UK MT4 Forex broker list for the simple reason that it presents names in the industry that offer the best possible conditions under the trading platforms criteria.

uk mt4 mt5 forex brokers

Top 7 of the Best UK MT4 and MT5 Forex Brokers for 2018

Here’s our ranking:

Zulutrade
eToro
Naga Trader

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

1. FxPro

Ranking as the world’s number one broker based on over fifty international and U.K. awards, FxPro easily makes the UK MT4/5 Forex brokers. Headquartered in U.K., it is one of the most popular brokerage houses.

  • 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
(89% of traders lose money in CFD trading)

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


(CFD Service. 83% lose money)

2. Admiral Markets

Offering a dedicated Admiral MT5 account, ADMIRAL MARKETS couldn’t miss the list based on Forex brokers UK MT4/5 criteria. The MT5 supreme edition is a sublime version that gives access to a plethora of financial markets like energies and metals, to name a couple.

  • 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
(83% of traders lose money in CFD trading)

  • Regulations: CySEC, FCA, IFSC
  • Minimum deposit: $5
  • Platforms: MT4, MT5
  • InvestinGoal rank: 3.9/5

3. FXTM

Offering eight account types for traders and investors, FXTM is a good choice for the Forex brokers UK MT4 criteria. The trading platforms only come to complete the fantastic variety of payment methods, and great promotions offered constantly.

  • Regulations: ForexTime Limited regulated by CySEC (185/12), licensed by the FSCA (FSP No. 46614), and registered by the FCA (600475); ForexTime UK Limited authorised & regulated by the FCA (777911); FT Global Limited regulated by the IFSC (license numbers IFSC/60/345/TS and IFSC/60/345/APM). (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: 1:1000
  • Minimum Deposit: $ 5, £5, € 5
  • Platforms: MT4 (PC, Mac, iOS, Android, multi terminal, web platform), MT5 (PC, Mac, iOS, Android, web platform), MyFXTM (Android, iOS)
  • Headquarters: ForexTime Limited is headquartered in Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on shares, commodities, indices; spot metals

  • Regulations: FCA
  • Minimum deposit: $100
  • Platforms: ActiveTrader, MT4, MT5/li>
  • InvestinGoal rank: 4/5

4. Active Trades

Activating on the online industry since seventeen years ago, ACTIVE TRADES is one of the most known brokers in the United Kingdom. It is one of the top UK Forex brokers mt4/5 available under this criteria.

  • Regulations: ActivTrades PLC is authorised & regulated by the FCA (434413) and the DSFA (2309); ActivTrades Corp is authorised & regulated by The Securities Commission of the Bahamas (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP, Market Maker, DMA
  • Leverage: Clients registered under ESMA regulation can access 1:30 leverage, while other retail traders can leverage up to 1:400
  • Minimum Deposit: No minimum deposit required
  • Platforms: ActivTrader, MT4, MT5
  • Headquarters: ActivTrades PLC is headquartered in London, UK
  • US Customers: No
  • Other instruments: Options; ETFs; CFDs on indices, international shares, commodities, bonds; spread betting (for UK-based clients) on forex, commodities, stocks, shares

  • Regulations: ASIC, FCA
  • Minimum deposit: $200
  • Platforms: MT4, MT5, cTrader,cAlgo
  • InvestinGoal rank: 4.8/5

5. Pepperstone

One of the world’s largest MT4 brokers, Pepperstone couldn’t miss the best Forex broker UK MetaTrader 4 list. Regulated by the FCA and having a solid reputation, Pepperstone strives to offer one of the best NDD (No-Dealing Desk) conditions on the UK market.

  • Regulations: Pepperstone Limited authorised & regulated by the FCA (684312); Pepperstone Group Limited registered with ASIC (414530). (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: $ 200
  • Platforms: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
  • Headquarters: Pepperstone Group Limited is headquartered in Melbourne, Australia
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency
Try PEPPERSTONE with a demo account
(CFD Service. 79% lose money)

  • Regulations: FCA
  • Minimum deposit: $5
  • Platforms: MT4, MT5, cTrader
  • InvestinGoal rank: 4/5

6. OCTAFX

Traders can easily start trading with an MT4 account with OCTAFX and upgrade to pro trading with MT5 after a while. Running a considerable brokerage business, OCTAFX makes Forex trading accessible to everyone looking for a brokerage house under the UK Forex brokers MT5 criteria.

  • Regulations: Octa Markets Incorporated is regulated by the FSA. (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: $ 5
  • Platforms: MT4 (web platform, desktop, Android, iOS), MT5 (web platform, desktop, Android, iOS), cTrader (desktop, Android, iOS)
  • Headquarters: Octa Markets Incorporated is headquartered in Kingstown, St. Vincent and the Grenadines
  • US Customers: No
  • Other instruments: CFDs on indices, commodities, cryptocurrency

  • Regulations: CySEC
  • Minimum deposit: €100
  • Platforms: MT4, MT5
  • InvestinGoal rank: 4/5

7. FIBO GROUP

Offering the most transparent trading conditions, FIBO GROUP is part of the Forex brokers UK MetaTrader community. Running a global operation on the online industry since 1998, FIBO GROUP is recognized as one of the best brokers by the professional community and not only.

  • Regulations: FIBO Group Holdings Ltd. authorised & regulated by CySEC (118/10); FIBO Group, Ltd. Company regulated by FSC (SIBA/L/14/1063). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
  • Type: STP, ECN
  • Leverage: 1:1000
  • Minimum Deposit: $ 300
  • Platforms: MT4 (Windows, iOS, Android, web platform), cTrader, MT5 (Windows), UMSTEL (web platform)
  • Headquarters: International Financial Holding FIBO Group is headquartered in Vienna, Austria
  • US Customers: No
  • Other instruments: CFDs on futures, spot metals, options, stocks, ETFs, cryptocurrency
Try FIBO GROUP with a demo account
(72% of traders lose money in CFD trading)

Conclusion

If looking for UK Forex brokers MT4 reviews, stop right now. The seven brokers that made our list under the MT4 and MT5 criteria in the United Kingdom deserve to be here based on objective criteria.

The list we’ve put here aims at showing the UK MT4 and MT5 Forex brokers friendly for the retail community. All of them were awarded in time and run businesses all over the world.

The fact that they succeeded in one of the toughest markets in the world for online trading, the United Kingdom, only comes to confirm the business model’s robustness and fairness.

Under the top Forex brokers UK MT4 category listed here, there are names impossible to not recognize. They partnered with global brands to bring awareness to the rising opportunity presented by online trading.

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