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5 Top Forex Brokers for UK Traders

Forex trading business image 100323

Forex trading is exploding around the world.

However, there are still some traders who are unsure over which brokers will cater for their unique trading needs and objectives more efficiently.

UK traders who are looking for some of the best forex brokers need not look further than the list below.

You might like: 27 Best Forex brokers in United Kingdom

Markets.com

Markets.com is a well-regulated and popular STP broker which has been in operation since 2008, offering traders from around the world with comprehensive trading solutions. Markets.com caters for UK traders despite their trading knowledge, experience, or skill.

Markets.com offers both variable and fixed spreads and traders can expect a range of advanced trading tools to help them refine and hone their trading skills.

Ready to start trading? – Click here to OPEN A FREE TRADING account now.

Pros and Cons

PROS CONS
Enormous range of tradable assets US clients not accepted
Strict regulation Professional account offers the best trading conditions
Fixed spreads offered  
Advanced trading tools offered  

 

JustForex

JustForex is a Saint Vincent and the Grenadines-based STP and ECN broker that caters for traders from around the world. Traders are offered with a range of educational materials, social trading opportunities, and a range of dynamic account types to choose from.

Pros and Cons

PROS CONS
Social trading opportunities Limited regulation
MAM accounts offered US clients not accepted
Selection of education offered Withdrawal fees charged
More than 170 tradable assets Spreads not the tightest, commissions not the lowest

 

Globex360

Globex360 is a regulated broker that offers traders from around the world with the trade in a range of financial markets through the popular, powerful MetaTrader 4.

Pros and Cons

PROS CONS
Social trading supported US, Canada, and Belgium clients not accepted
Well-regulated Lack of live chat support
Islamic account options offered Spreads not the lowest
MetaTrader 4 offered Limited funding methods

 

Tickmill

Tickmill is a popular and well-regulated ECN and STP broker which has offices in the UK, Cyprus, and Seychelles. Tickmill offers traders from around the world access to global financial markets by offering more than 80 tradable financial instruments.

Traders can also expect competitive trading conditions, flexible account types, low commissions, and tight spreads along with a range of powerful trading platforms through which trades can be executed seamlessly.

Pros and Cons

PROS CONS
Mult-regulated US clients not accepted
Negative balance protection applied to retail accounts Restricted leverage for EU clients
Investor compensation fund member Fixed spreads not offered
Commission-free accounts offered Cryptocurrency trading not offered

 

OctaFX

OctaFX is a well-regulated, well-established STP and ECN broker that has been offering its services since 2011. OctaFX offers UK traders with a variety of forex and CFD instruments which can be traded through powerful trading platforms.

Traders also have access to competitive fees and spreads, dedicated customer support, education, and a range of flexible and reliable funding methods for quick deposits and withdrawals.

Pros and Cons

PROS CONS
Commission-free trading offered US clients not accepted
Fixed spread accounts offered Limited trading instruments
Social trading supported  
Negative balance protection applied to retail accounts  

 

Ready to start trading? – Click here to OPEN A FREE TRADING account now


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