If you want to invest your time and capital wisely, take a look at what FXTM can offer you in the expanding world of forex trading.

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Zoe Stabler. Posted Nov 17, Learn more about how we fact check. Navigate Stock Forex In this guide. Finder's best forex trading platforms in the UK What's the best forex trading platform? What benefits are most important to you? Best forex trading platform Best forex platform for beginners Best forex platform for number of currency pairs Best forex platform for spreads How to choose the best forex trading platform Is forex trading free?

What are the best forex pairs to trade? What's next? Forex trading. Forex trading for beginners. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. What's a currency pair? A currency pair is a pair of currencies that have been placed together.

By trading a pair, the investor is predicting that one will be worth more after a given period. The two currencies are referred to as the base currency and the counter currency. When trading a pair, you buy the one that you think will go up in value and sell the one you think will decrease against the other.

Overall best. Currency pairs. Finder score methodology. User survey methodology. Invest now Capital at risk. The offers compared on this page are chosen from a range of products we can track; we don't cover every product on the market Unless we've indicated otherwise, products are shown in no particular order or ranking.

The terms "best", "top", "cheap" and variations , aren't product ratings, although we always explain what's great about a product when we highlight it; this is subject to our terms of use.

When making a big financial decision, it's wise to consider getting independent financial advice, and always consider your own financial circumstances when comparing products so you get what's right for you. Was this content helpful to you? Thank you for your feedback! Zoe Stabler twitter linkedin. Spreadex forex trading Looking to start trading? IQ Option Forex Trading Looking to get into forex trading?

AvaTrade review: Features, services, rates and fees Looking to get into trading? Formax forex trading Looking for a trading platform and partner that you can trust? ETX Capital review If you want to get into the world of trading contracts for difference, ETX Capital has this on offer. FXTM Forex Trading If you want to invest your time and capital wisely, take a look at what FXTM can offer you in the expanding world of forex trading.

Pepperstone Forex Trading Looking to invest? In other words, if there is a low-cap international stock that you wish to trade, there is every chance that you will find it on this popular UK trading platform. In addition to the stock market, Interactive Brokers also allows you to trade ETFs, mutual funds, and more. In terms of stock trading fees, you can invest in US-listed stocks on a commission-free basis.

If your chosen market is based overseas, then you will pay a commission that varies depending on the market. When it comes to safety, Interactive Brokers has an excellent reputation. Not only was it first launched in the s, but it is heavily regulated by several US-based authorities.

Virtually all brokers offer a mobile trading app for iPhone and Android devices, meaning you can trade from the palm of your hand whenever, wherever.

That being said, not every stock trading app in the UK offers a seamless trading experience. eToro is widely regarded as being well designed, intuitive, and running smoothly. It also offers the full functionality of the eToro website, so you can copy traders from a smartphone. To help you along the way, below we list important factors to consider when choosing a UK broker. There are also many Reddit trading forums where UK traders recommend their best UK broker to invest with.

To be regarded among the best UK brokers a trading platform would need to be licensed by at least one reputable financial body. Ideally, this should be with the British FCA — which is responsible for keeping United Kingdom trading and investment industry safe and transparent. By sticking with an FCA broker in the UK, you will benefit from a range of safety nets.

In addition to the above, those regarded as the best UK trading platforms also tend to be covered by the FSCS. This means that your funds are protected up to the first £85, — should the platform cease to exist. The eToro trading app is one example — not only is it authorized and regulated by the FCA, but CySEC and ASIC, too. It is also registered with FINRA in the US — meaning that you have regulatory oversight on several fronts. There are thousands of financial instruments across dozens of asset classes that can be traded online.

But, not all UK trading brokers will give you access to your desired marketplace. To be considered among the top trading platforms in the UK, traders expect access to the following tradeable markets:. Furthermore, and perhaps most importantly, you need to find out whether you are trading CFDs or buying the asset outright.

In turn, this does allow you to short-sell with ease and apply leverage of up to This is particularly the case if you want to build a long-term investment plan, as CFDs attract overnight financing.

You may consider choosing a UK trading platform that gives you access to both traditional assets and CFDs. It also allows you to trade thousands of CFD markets, which in addition to the aforementioned, include forex, commodities, and indices. When investors in the UK are searching for the right online trading platform for their needs, they will often focus on fees. After all, the amount you need to pay to trade online can vary quite considerably.

The main fees that you need to consider in your hunt for brokers UK traders can sign up to are as follows:.

Share dealing fees not only relate to the purchase of stocks, but other traditional assets like ETFs, mutual funds, and investment trusts. In all but a few rare cases, your chosen trading app UK will charge a flat dealing fee.

This means that irrespective of how much you invest, the fee will remain the same. It goes without saying that this benefits investors that are looking to trade larger amounts. If, however, you used UK trading platform eToro — the above transaction would have cost you nothing in commission.

Plus, the platform even waives the 0. If you decide to trade assets via a CFD instrument, then your chosen platform will charge you a variable fee. As always, the amount of commission that you pay can vary depending on which UK trading platform you sign up with. Sure, this might not sound like a lot to pay. However, these costs can quickly add up — resulting in profitable trades becoming somewhat unviable.

This is especially the case when you use a trading platform that has a minimum commission policy in place. Fortunately, the UK brokers that we reviewed on this page allow you to trade CFDs commission-free. This includes eToro, Skilling, and Plus This is simply the difference between the buy and sell price of the financial instrument being traded. This means that when you open your Apple trade on eToro, your position is instantly 0.

In other words, your trade needs to increase in value by 0. In this example, a spread of 0. The main costs to explore in depth are related to share dealing fees, commissions, and spreads. However, there are other charges that your chosen UK trading platform might have in place, which includes:. All in all, fees and commissions can and will have a major impact on your ability to make gains, so make sure you understand what you are paying before opening an account.

Some UK brokers keep things simple by allowing you to buy and sell assets — and nothing more. In other cases, your chosen provider might offer an abundance of tools and features that can take your investment endeavors to the next level. Not all UK traders want to risk thousands of pounds on a single investment. On the contrary, some of you might just be starting out and thus — want to trade with small stakes. In line with fractional ownership, trading apps in the UK allow you to get started with a small amount.

This means a low minimum deposit that is affordable for traders of all budget levels. Automated trading is getting more and more popular in the online space. The main concept is that you can actively trade without needing to do any research. In fact, some automated trading tools will go one step further by placing orders on your behalf. Not only does this suit traders with no experience, but those with little time to analyze the markets. There are several ways in which you can automate your trades.

Some in the UK opt to purchase a trading robot, which they then install into MT4. With that said, the safest way to engage in an automated trading platform is to do this directly through an FCA broker. eToro, for example, offers a Copy Trading feature that does not attract any additional fees. All you need to do is decide which verified eToro trader you wish to copy, and the platform will then mirror all trades in your own portfolio.

Irrespective of which trading platform you use or the asset you wish to access, you will always need to place a series of orders to execute your position. This essentially lets your chosen trading platform know what you want to achieve. All UK brokers will offer buy and sell orders, as this is required to enter and exit your trade. Most UK providers in this space will also offer risk-management orders. This should include stop-loss and take-profit orders at a minimum, but trailing stop-loss and guaranteed stop-loss orders are also very useful.

Unless you are planning to trade recklessly, you should never execute a position unless it is based on some form of research. Otherwise, you may as well be gambling.

To aid your research process, many online trading platforms in the UK will offer an assortment of analysis tools. For example, platforms like eToro give you access to pricing charts on all of its supported assets.

It also offers fundamental data on major stocks, as well as guidance on current market sentiment. Most UK brokers also offer direct access to financial news, which is especially important for long-term investors. Irrespective of whether you are a seasoned pro or a first-time trader, demo accounts are invaluable. These are offered by many UK trading platforms and allow you to gain access to real market conditions without risking any money.

You will still have access to the same markets, prices, and trading volume — which is for testing the waters before you make a real deposit. Even if you have some experience of online trading, demo accounts are also used to try out new trading strategies. Trading platforms in the UK usually offer a mobile investment app that is compatible with Android and iOS. Sure, you might be planning to trade via your desktop computer or laptop. But, there might come a time when you need to place a trade when you are on the move.

As such, if you had a position in this stock and were unable to close it until you got home, your losses would have been significant. On the other hand, if you had access to a mobile trading app, you could have exited the position instantly and reduced your losses by some distance. The most popular mobile trading apps also offer other key account features. For example, the eToro mobile app allows you to check the value of your portfolio in real-time, deposit and withdraw funds, and even speak to customer support via live chat.

When you go through the process of opening an account with a trading platform, you will be asked to deposit some funds. Trading platforms with instant deposits allow you to do this immediatly with a debit or credit card. Similarly, platforms like eToro, Libertex, and Skilling also accept e-wallets. With that said, some trading platforms in the UK only support bank account deposits.

You also need to check what fees are attached to your chosen payment method. Ideally, the provider should offer a live chat feature. If, however, the trading platform only offers support via email, this means that you might need to wait several hours to receive a response. This section of our guide will show you how to get started with an online trading platform. We walk you through the process of opening an account, making a deposit, and placing your first trade. Open a free account at an FCA regulated platform.

An FCA-regulated trading platform will need to verify your identity to meet anti-money laundering AML regulation. If you want to use a demo account first, you can do this to get comfortable with how the trading platform works. Once your deposit has been processed you can start. Or, if you already know which asset you want to trade, search for it.

If you wish, you can also place stop-loss, trailing stop-loss, and take-profit orders on your trade. With more and more UK trading platforms entering the online marketplace, never before has it been so accessible to invest online. The most popular UK broker with the widest user base that we reviewed above is also regulated by the FCA in Britain, with zero commission trading.

If you're entering the UK trading platform scene for the first time, consider a provider like eToro. Plus, eToro offers a demo account facility that allows you to trade risk-free. If you want to trade for free, then you'll need to use an online platform that doesn't charge commission.

eToro is not only commission-free on traditional stocks, ETFs, and cryptocurrencies - but all CFD markets. The broker also waives the 0. Lots of UK trading platforms now give you access to US shares. However, you need to keep an eye on fees - as most charge a premium when you buy non-UK assets. eToro, on the other hand, allows you to buy hundreds of US shares on a commission-free basis. As long as your chosen UK trading platform is regulated by the FCA, you will be able to trade safely.

Many also prefer platforms that are covered by the FSCS. Although the FCA banned crypto-CFDs in January , you can still buy digital currencies in the traditional sense.

Retail investor accounts in the UK are capped to leverage of on major currency pairs, and less on other assets. In order to trade with leverage, you need to use a platform that offers CFD markets. Michael Graw is a freelance journalist based in Bellingham, Washington. He covers finance, trading, and technology.

His work has been published on numerous high-profile websites that cover the intersection of markets, global news, and emerging tech. The Best Trading Platforms UK Compared Use our interactive tool to find the best trading platform for you that United Kingdom based traders are accepted at - whether you want to trade stocks, forex, crypto, or another financial asset.

What Broker are you looking for? UK Stock Trading Platforms UK Forex Trading Platforms Crypto Exchange UK Spread Betting Platforms Day Trading Platforms UK Automated Trading Platforms UK Ethereum Trading Platforms Spread Betting vs CFD Trading. Best Trading Platforms UK Compared Invest £. Number of Trades. More Filters. Sort By Rating. Payment methods. Rating 0 or better. Mobile App 0 or better. Fixed fees per trade £0. Account Fees £0.

Clear Filter. Total Fees £ 0. Social and copy trading network. Invest and trade crypto with low fees.

Fixed fees per trade 0 £. Account Fees 0 £ per Month. Visit Site. Read More. Account Information Account from. Deposit Fees. Inactivity Fees. Margin trading. Trade fees. Withdrawal Fees. Fees per trade CFDs. Features Commission-Free Trading. Free Demo Trading. Large number of tradeable assets. Features Low fees. Supports algo trading.

High quality charting. Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk. Features Simple platform for all traders. Free trading signals. Visit Dash2Trade. Fee Amount Stock trading fee Free Forex trading fee Spread, 2.

Visit eToro. Visit XTB. Fee Amount Stock trading fee Variable Spreads Forex trading fee Variable spreads. Visit Alvexo. Fee Amount Stock trading fee Commission scheme — between Fee Amount Stock trading fee 2 points in FTSE Forex trading fee Variable spread Crypto trading fee Commission, 0.

Visit Eightcap. Fee Amount Stock trading fee £2. Visit Fineco Bank. Fee Amount Stock trading fee £3 per trade in UK stocks Forex trading fee Spread, 0. Visit IG. Visit Hargreaves Lansdown. Visit Vantage FX. Visit Trading Visit Pepperstone. Fee Amount Stock trading fee £5. Visit Saxo Markets. Visit Interactive Brokers. Trading Platform Stock trading fees Forex trading fees Overnight fees eToro Free. Fixed spread. Overnight fees for CFDs.

No overnight fees for non-leveraged stocks, ETFs, and crypto. Taken at end of each trading day at 9 pm GMT as interest, which may be positive or negative. For CFDs, the overnight fee is triple when holding from Friday to Monday. Fineco Free for stock CFDs, £2. Variable spread.

No overnight fees. Skilling Variable spread. No overnight fees for stocks. For other assets, the overnight fee is taken at end of each trading day at 9 pm GMT as interest, which may be positive or negative.

Plus Variable spread. Applies to all instruments. IG £0 — £10 commission. Applies to forex, stocks, commodities, and indices. Hargreaves Lansdown £5. Saxo Markets £5. Spread, from 0. Spread, 1. Interactive Brokers ETFs, mutual funds, stocks, futures, options, forex IBKR Trading Platform, Workstation OptionTrader and Probability Lab for simplified single and complex multi-leg option trading.

Create eToro Account. What are some trading platforms for beginners UK wise? What is a trading platform UK traders are accepted at to buy Bitcoin?

How do commission-free trading platforms in the UK make money? Commission-free trading platforms in the UK make their money from the spread. About Michael Graw. About Michael Graw Michael Graw is a freelance journalist based in Bellingham, Washington. View all posts by Michael Graw. Find The Best Broker For You Best UK Stock, Forex, CFD, Crypto, Social or Day Trading Platform that meets your needs. Stock trading fee.

Forex trading in England and Wales requires an FCA regulated UK forex broker offering CFDs, currency pairs and forex trading platforms. With over 20 years of investing experience and 10 years of trading, Justin co-founded Compare Forex Brokers in He has worked within the foreign exchange trading industry for several years and for several of the largest banks globally. Justin achieved Honours in Commerce and has a Master's degree from Monash University.

He also owns Innovate Online offering digital marketing services with over 20 employees. He has an MBA in finance from the University of Miami Herbert Business School. As a Senior Financial Analyst for Alphabet with an active CPA, Riley has a vast amount of financial knowledge. He has a Master's Degree in economics at Penn State University and a B.

He also owns the website Young and the Invested providing investing advice for young individuals. Fact Checked. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. The Pepperstone standard account offers UK forex traders the best trading environment with the:. View Pepperstone Review Visit Pepperstone. There are two trading accounts offered by Pepperstone, the standard account and the razor account.

You can compare these accounts on our Pepperstone razor vs standard comparison and below we compare the fees of each account type. Most UK traders choose the standard account which has no commissions charged on trades.

We compared November spreads and found the Pepperstone standard account had the lowest published average spreads of any FCA-regulated forex broker. spreads are taken from each broker's website and updated monthly. The second account offered by Pepperstone is the Razor account which offers ECN-style spreads plus a £2. By charging a modest commission, the broker can offer their Straight Through Processing STP technology ensuring prices quoted are direct from liquidity providers.

We created a calculator that factors in average spreads plus commissions of the Razor account to similar FCA-regulated brokers to show how competitive their brokerage is. Pepperstone also offers a solid range of tradeable products with 62 Forex pairs, over stock CFDs and a smaller array of indices and commodities. Please note that you cannot trade cryptocurrencies as a UK trader due to FCA regulations.

There is no minimum deposit to open an account with Pepperstone but we recommend at least GBP to start trading. To fund your account, you can pay by debit or credit card, bank transfer or online using PayPal. Pepperstone offers the most popular forex trading platforms. These platforms have the largest trading communities, functionality and support.

MetaTrader 4 MT4 is the most popular forex trading platform worldwide. Notable features of MT4 include:. MetaTrader 5 MT5 is the most popular CFD trading platform. The platform also has Depth of Market DoM so you can view the order books for the best prices. Key features of MT5 include:. cTrader is an alternative to MetaTrader.

The platform offers a premium charting experience along with Depth of Market. Key features of cTrader include:. Used by over 30 million traders, TradingView is a charting platform with social features to share and view trading ideas.

The platform includes all the trading tools your will need to analyse the markets and making trading informed trading decisions. The platform also has a large social network so you can discuss and share trading ideas. You can also create and share your charts and access more than 15 million community charts.

Investment trends every year runs a survey based on 15, UK traders and awarded Pepperstone with:. Our Pepperstone analysis found the Pepperstone Razor account has the lowest spreads and commissions and fastest execution speeds of any FCA-regulated broker. Pepperstone is the fastest, lowest cost FCA regulated forex broker on our list, offering a wide range of trading platforms and trading tools with world-class customer support based out of London.

In addition to an extensive selection of financial instruments covering Index, Share, Commodity, and currency asset classes, FXCM offers a Direct Market Access DMA account type where spreads are similar to an ECN or STP environment. FXCM offers a choice of 2 types of trading accounts. The FXCM is the trading account most traders with FXCM will use since there is no minimum deposit to sign up. Spreads are slightly wider than an ECN-style account but this is because there are no commission costs.

FXCM allows scalping and hedging and permits micro 0. You can use any of the trading platforms on offer:. All trading platforms support automation facilities and come with advanced backtesting capability. Choose Trading Station, NinjaTrader or MetaTrader 4 if you want chart trading, choose ZuluTrader if you wish to copy trade.

Another useful trading tool is Capitalise. This tool allows you to create algorithms to automate your trading without any coding knowledge. This platform is free for all FXTM users however you will need to have a Trading Station account.

This is possible as the broker price matches the best quotes top-tier liquidity providers offer. If you use the Trading Station platform, you will be able to see the depth of market DoM meaning you can view multiple levels of liquidity at each price point.

Those looking to trade not just forex majors but also exotic currency pairs and rare Contracts for Difference should choose FXCM based on the large range of forex and CFDs available with the online broker. Plus is a market-maker forex broker that offers an intuitive trading platform with a range of useful risk management tools. When using this platform various asset classes are available for trade including Forex, Indices, Options, Shares, ETFs and Commodities.

Plus is a spread-only broker meaning they do not charge commission costs. When trading forex, commissions start from 0. To open an account, does not cost anything however there are margin requirements to open a trading position, this is normal with all brokers. Funding methods include Visa, Mastercard, Bank Transfer, PayPal and Skrill and there are no costs to make a deposit or withdrawal unless you make an international transfer.

One thing to note when trading with Plus does not allow scalping. Plus define scalping as entering and exiting your position within 2 minutes.

Automated trading is also not permitted. Plus has its own proprietary trading platform. This platform is available as a webtrader for browsers and an app for iPhone, iPad, smartwatches and Android devices. While the screen for mobiles is smaller, the plus mobile app still has a fully functional trading environment that allows users to conduct in-depth analysis, manage accounts, and execute trades on over financial instruments. Plus comes with a number of useful risk management tools to help protect you against losses, of particular note is their Guaranteed Stop Loss Order.

For a small premium by widening the spread when you open your position, you can protect yourself from unexpected losses by using a GSLO. While a normal stop loss does not protect you from losses due to slippage, a GSLO ensures you will not lose more than you are prepared to. This tool is helpful to those new to UK forex trading , as traders can gauge the portion of participants buying or selling in a specific market. As well as different order types and sentiment features, Plus offers clients excellent alert tools.

The Plus mobile app is highly regarded among forex traders based on broker reviews. On Google Play, the Plus mobile app has over 80, reviews with the app receiving a 4.

Plus offers an unlimited demo account, which unlike many UK forex companies the trial account offered has no time restrictions. A balance of virtual funds is provided to practise strategies, with full functionality of the mobile app available under a demo account. Except for cryptos which are banned for retail traders in the UK , Plus offers all the CFD products one should expect. Of particular note is the availability of nearly ETFs and options.

Plus is best for traders wanting access to a guaranteed stop loss or who want to be mobile when trading. eToro UK Ltd is unique as a forex brokers in the UK with its focus on social trading. The broker earns its reputation as the best social broker for CFD trading with the following strengths:. eToro is a market maker, so only offers one type of trading account. This account is a zero commission trading account, in the case of CFDs, your costs will be the spreads and overnight fees which means there are no broker fees.

You can also trade stocks and ETFs, these not only have no commission costs but also no overnight costs. If you are of Islamic faith and wish to trade CFDs, then a swap-free account is available. eToro created CopyTrader which allows individuals to copy the best traders in the United Kingdom and around the world. When you choose a trader to follow, their trades get copied and inserted into your account.

This can be then managed in a transparent and simple way. The individual you have copied also receives a small incentive from eToro for the more followers they receive. It should be noted that copy trading is the most popular feature of eToro. This is assisted through filters based on returns, the number of copiers and what markets they like to trade.

Other options shown below are market portfolios, trader portfolios and partner portfolios, which combine traders, top performance assets or specific strategies. eToro offers UK residences with a zero commission stockbroking service.

Shares are available for markets across the world from the UK, and Hong Kong to the USA and there are no limits on the amount you can trade which can be in bulk or in fractions. As a bonus, eToro also includes free stock analysis from a team of experts.

While there are no commissions, there are fees when it comes to trading shares with eToro. These include conversion fees for most UK residences as the eToro platform uses USD. This means transferring your GBP to eToro for share trading has some currency conversion charges.

Written by Justin Grossbard Written by Justin Grossbard Co Founder. Display Name. Most UK providers in this space will also offer risk-management orders. Key Features WIth Swissquote Deep access to liquidity The fastest execution speeds out there A range of powerful platform options Versatile account types All of the above means Swissquote gives UK clients the best all-around experience, especially when trading forex. It is also a third-party trading platform that is supported by a lot of CFD brokers worldwide.

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