Top 10 Best UK Regulated Forex Brokers

by | Nov 13, 2018 | Best Brokers | 0 comments

Regulated forex brokers in the UK can be beneficial for a variety of reasons. Not only have many of the best UK regulated forex brokers been in the forex business for a very long time, but the majority are also regulated by the prestigious Financial Conduct Authority (FCA), one of the world’s most reputable regulators.

This instills a great deal of trust and professional experience. In this article, we are going to show you the best forex brokers that are UK regulated.

However, before we start it should be mentioned that not all UK regulated forex brokers deliver the same top-notch service. In fact, some go the extra mile offering unbeatable customer service, access to a wide range of markets, and user-friendly technology.

Don’t just give in to the first forex brokers that are UK regulated, because there are plenty to choose from.

Additionally, it should be mentioned that not all FCA UK regulated forex brokers are based there. A number are based offshore but have plenty of business there and/or want to be recognized by organizations like the FCA.

(This post is part of the forex trading brokers series)

best uk regulated forex brokers

Best UK Regulated Forex Brokers – Top 10 of the very best

Without further ado, here is our top UK regulated forex brokers list:

1. FxPro

fxpro uk regulatedFxPro is a London-based broker that is additionally regulated by the CySEC, DFSA, and SCB, giving traders a high level of protection. In 2017, FxPro was voted ‘Best FX Broker’ by the Shares Awards and they are also the official main sponsor of Watford FC and official partner of the F1 McLaren team – two fairly big names in the sporting world. Additionally, FxPro were awarded ‘Most Trusted Forex Brand’ by Global Brands Magazine in 2017.

  • Regulations: In the UK by the FCA, Cyprus by CySEC, UAE by the DFSA, and the Bahamas by SCB
  • Type: No Dealing Desk (NDD)
  • Leverage: From 1:1 to 1:500
  • Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
  • Headquarters: London, UK
  • US Customers: No
  • Other instruments: CFDs on futures, indices, shares, spot metals, spot energies
  • Try FxPro with a demo account (CFD Service. 79% lose money)

2. Pepperstone

pepperstone uk regulatedBased in both the UK and Australia Pepperstone has won numerous awards since its formation in 2010. One of these prestigious awards includes first place for Risk Management in Australia in 2017. In terms of security, Pepperstone boasts its segregated funds system which means traders funds aren’t automatically mixed in with other traders funds in some big pile of money. Instead, funds are deposited into segregated client accounts with Barclays, one of the UK’s biggest banks.

  • Regulations: In the UK by the FCA and in Australia by ASIC
  • Type: Market maker
  • Leverage: Ranges from 1:1 to 500:1
  • Minimum Deposit: $200
  • Headquarters: Melbourne, Australia
  • US Customers: No
  • Other instruments: CFDs, commodities, cryptocurrency
  • Try Pepperstone with a demo account (CFD Service. 79% lose money)

3. XTB

xtb uk regulatedXTB is perhaps one of the most highly regulated forex traders in the world. They meet the regulatory standards of numerous countries aside from the FCA and are proud of it. They also have offices in more than 10 countries, hold more than 14 years in the industry and use segregated accounts to store clients funds. Since there time in operation, they have received awards from Forbes and Bloomberg.

  • Regulations: In the UK by the FCA, in Belize by the IFSC, in Poland by the KNF, and in Spain by the CNMV
  • Type: Market maker
  • Leverage: Up to 200:1
  • Minimum Deposit: £250, €250 or $250
  • Headquarters: Poland
  • US Customers: No
  • Other instruments: CFDs, EFTs, indices, commodities, cryptocurrency
  • Try XTB with a demo account (CFD Service. 80% lose money)

4. AvaTrade

avatrade uk regulatedAvaTrade is not FCA regulated, however, it is regulated in Ireland by the Central Bank of Ireland and by the FSC, the regulatory body of the British Virgin Islands. They are also regulated in Australia, Japan, and South Africa, and adhere to the Markets in Financial Instruments Directive, which provides traders with a good thick layer of protection. Additionally, AvaTrade are the official partners of Manchester City FC, one of the UK’s biggest football teams.

  • Regulations: In Ireland by the Central Bank of Ireland, in Australia by ASIC, in the British Virgin Islands by the FSC, Japan by the Financial Services Agency and the Financial Futures Association of Japan, and in South Africa by the FSB
  • Type: Market maker
  • Leverage: 20:1 for retail traders, but for ‘pro’ accounts leverage can vary significantly
  • Minimum Deposit: USD $100, AUD $100, £100, or €100, depending on where you are located
  • Headquarters: Dublin, Republic of Ireland
  • US Customers: No
  • Other instruments: CFD, forex, stocks, indices, ETFs, bonds, spread betting
  • Try AvaTrade with a demo account (CFD Service. 78% lose money)

5. FXTM

fxtm uk regulatedFXTM, or as it is otherwise known, ForexTime, was established in 2011. The company is young, but has gained a lot of respect and won a number of awards in a short period of time. FXTM’s reputation has managed to garner them more than 10,000 clients in 135 countries worldwide. Their demo account also lets you play around with $1,000,000, which is more than enough to test their platform to its absolute limits.

  • Regulations: In the UK by the FCA, in Cyprus by CySEC, and in Belize by the IFSC
  • Type: Market maker
  • Leverage: From 1:25 to 1:1000
  • Minimum Deposit: $5, £5 or €5 for a cent account, $100, £100 or €100 for a standard or shares account
  • Headquarters: Limassol, Cyprus
  • US Customers: No
  • Other instruments: CFDs on commodities and indices, spot metals
  • Try FXTM with a demo account (CFD Service. 89% lose money)

6. Admiral Markets

admiral markets uk regulatedAdmiral Markets takes regulation very seriously. When you first open their page, you are immediately struck by a pop up showing you in what countries they are regulated. Admiral Markets also make it clear that not only do they also offer clients segregated accounts, they also adhere to the FSCS and have Negative Balance Protection in place.

  • Regulations: In the UK by the FCA, Estonia by the EFSA, Cyprus by CySEC, and in Australia by the ASIC
  • Type: Market maker
  • Leverage: Ranges from 1:2 to 1:30 for standard retail accounts depending on the instrument, and from 1:3 to 1:500 for professional accounts, also depending on the instrument
  • Minimum Deposit: $200 USD or similar size in other currencies. $1,000 USD for a prime account
  • Headquarters: London, UK
  • US Customers: No
  • Other instruments: Commodities, indices, shares, EFTs, bonds, cryptocurrency
  • Try Admiral Markets with a demo account (CFD Service. 83% lose money)

7. IG Markets

ig markets uk regulatedOne of the most established companies operating since 1974, IG Markets has amassed a lifetime of experience in trading. They are even recognized as one of the longest established CFD providers in UK. As of 2018, they boast a mighty number of 195,000 clients worldwide and access to over 15,000 markets.

  • Regulations: In the UK by the FCA and in Australia by ASIC
  • Type: Market Maker
  • Leverage: Ranges from 2:1 at the lowest to 200:1 at the highest for depending on the country you are located in and the asset you are trading
  • Minimum Deposit: £250 or the equivalent in different currencies
  • Headquarters: London, UK
  • US Customers: Yes, but only through Nadex.com, American traders cannot use the same service as much of the rest of the world
  • Other instruments: CFDs, spread betting, Indices, commodities, cryptocurrency
  • Try IG Markets with a demo account (CFD Service. 79% lose money)

8. ADS Securities London

ads securities uk regulatedADS Securities has offices in Abu Dhabi, London, and Hong Kong and was founded in 2010 and take fraud very seriously. On their website, they have dedicated a whole page to how clients can protect themselves and report fraud committed by anyone claiming to work for ADS Securities.

  • Regulations: In the UK by the FCA, the Central Bank of the UAE, and the SFC in Hong Kong
  • Type: Market maker
  • Leverage: Up to 1:500
  • Minimum Deposit: £200
  • Headquarters: Abu Dhabi, UAE
  • US Customers: No
  • Other instruments: CFDs, commodities, indices, stocks, spread betting, cryptocurrencies
  • Try ADS Securities London with a demo account (CFD Service. 74-89% lose money)

9. ETX Capital

etx capital uk regulatedETX Capital has an enormous 50 years of experience in the forex industry. Aside from being FCA regulated, they also comply with the Regulatory Technical Standard of the Markets in Financial Instruments Directive and must provide their clients with transparent reports of their quality of trade execution.

  • Regulations: In the UK by the FCA
  • Type: Market maker
  • Leverage: Up to 1:200
  • Minimum Deposit: $100 USD
  • Headquarters: London, UK
  • US Customers: No
  • Other instruments: CFDs, indices, equities, commodities, spread betting
  • Try ETX Capital with a demo account (CFD Service. 76% lose money)

10. CMC Markets

cmc markets uk regulatedCMC Markets has plenty to boast about, reaching almost 30 years in the industry, being listed on the London Stock Exchange, offices in 15 different countries, and winning over 50 awards in two years. Aside from giving their clients segregated accounts, CMC Markets also offer clients the option to use guaranteed stop-loss orders for a fee.

  • Regulations: In the UK by the FCA
  • Type: Market maker
  • Leverage: 1:500
  • Minimum Deposit: $200
  • Headquarters: London, UK
  • US Customers: No
  • Other instruments: CFDs, spread betting, indices, commodities, shares, treasuries
  • Try CMC Markets with a demo account (CFD Service. 78% lose money)

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