Last updated: April 2026
IG is one of the largest and most established forex brokers in the UK, with over 50 years of operating history. It offers access to 80+ forex pairs with competitive spreads and a strong selection of platforms including MT4, ProRealTime, and TradingView. IG suits both beginners looking for a reliable, well-regulated starting point and experienced traders who want advanced charting and analysis tools.
CMC Markets offers one of the widest forex selections available, with access to over 330 currency pairs. Its proprietary Next Generation platform includes advanced charting, pattern recognition, and client sentiment tools. CMC suits intermediate to advanced traders who want deep market access and analytical tools without paying commissions.
Pepperstone is a popular choice among active UK traders who prioritise low spreads and fast execution. It offers access to MT4, MT5, cTrader, and TradingView, giving traders flexibility across platforms. Pepperstone is particularly well suited to scalpers and higher-frequency traders looking for tight pricing on major pairs.
Eightcap is an FCA-regulated broker offering competitive raw spreads from 0.0 pips alongside TradingView integration. It supports MT4 and MT5, and provides access to forex, indices, and commodities. Eightcap is a strong option for cost-conscious traders who want direct market pricing and modern platform tools.
Plus500 offers a straightforward, user-friendly platform designed for traders who want simplicity over complexity. It is listed on the London Stock Exchange and holds strong regulatory credentials across multiple jurisdictions. Plus500 is best suited to beginners and casual traders who prefer an intuitive interface with a low barrier to entry.
XTB is an FCA-regulated broker known for its award-winning xStation 5 platform and commission-free forex trading on standard accounts. It has no minimum deposit and provides extensive built-in education through its Trading Academy. XTB is well suited to beginner and intermediate traders who want a modern, easy-to-use platform with strong learning resources.
Trade Nation is an FCA-regulated broker known for its fixed spread pricing model, which removes the uncertainty of variable spreads. Its platform is clean and accessible, making it a strong option for newer traders. Trade Nation suits those who value transparency and predictable trading costs above all else.
ActivTrades is an FCA-regulated broker with over 20 years of experience, offering forex, indices, and commodities trading. It provides its own ActivTrader platform alongside MT4 and MT5, with competitive spreads and no commission on standard accounts. ActivTrades is a solid choice for traders looking for a well-established broker with flexible platform options.
Tickmill is an FCA-regulated broker known for low commissions and tight spreads on its Pro account. It supports MT4 and MT5 with fast execution speeds and a focus on transparency. Tickmill suits active traders and scalpers who want institutional-style pricing without high account minimums.
FxPro is an FCA-regulated broker offering access to forex, CFDs, and spread betting across multiple platforms including MT4, MT5, and cTrader. It provides a range of account types with competitive pricing and strong execution quality. FxPro is well suited to intermediate traders who want flexibility in both platform choice and account structure.