10 Best Forex Brokers in the UK (United Kingdom) In 2025

The UK has one of the strongest and well-regulated Forex markets with numerous brokers to choose from, suiting any kind of trader. However, the choice of a broker is an important factor in the success of any UK trader because things like regulations, the trading platform, spreads, and customer support play a huge role in the trading experience. 

We at WR Trading have compiled a list of the top 10 Forex brokers in the UK. Let’s delve in together. After careful analysis of given key factors below, we have prepared a top 10 list of the best forex brokers operating in the United Kingdom:

#1 BlackBull Markets

BlackBull Markets is a Forex broker that offers more than 26,000 various trading instruments. It is a speed and efficiency-oriented brokerage that provides traders with nearly instant market access via its Equinix servers hosted at major financial centers. Traders benefit from very competitive spreads, with leverage reaching up to 1:500 for people who need such services. At WR Trading, we rank BlackBull Markets as our winner among UK brokers.

Key Facts About BlackBull Markets:

Feature	BlackBull Markets
Available in the UK	Yes
Account Types	Prime, Standard, Institutional
Tradable Instruments	Over 26,000 instruments Forex, Cryptocurrency, Commodities, Metals, Equity Indices, Futures
Trading Platforms	MT4, MT5, WebTrader, cTrader, TradingView, BlackBull Invest, BlackBull CopyTrader
Regulation	FSA (for clients outside the UK)
Minimum Deposit	$0 (Standard), $2,000 (Prime), $20,000 (ECN Institutional)
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 0.8 pips (ECN Standard), 0.1 pips (ECN Prime), 0.0 pips (ECN Institutional)
Commissions	$0 (Standard), $4 (ECN Institutional), $6 per lot (Prime account)
Accepted Currency	USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, HKD, XAU, BTC, ETH
Transaction Options	Bank wires, credit/debit cards, Skrill, Neteller, China Union Pay, AstroPay, crypto, Beeteller, Boleto, Fasapay, FxPay, Help2Pay, Payment Asia, Poli, SEPA, Amex, HexoPay, Airtm

#2 FP Markets

FP Markets is a top-notch Forex Broker known for very good trading conditions. Coming in 2nd place in our comparison, it offers very tight spreads from as low as 0.0 pips, very fast execution speeds, and a diversity of instruments that will suit any kind of trader in the United Kingdom.

This is a premier broker that places first the interests of clients in security and transparency, backed by strong regulation from ASIC, CySEC, FSCA, FSA, FSC, and ESMA. FP Markets was authorized but is no longer regulated by the FCA. However, the broker still allows traders from the UK to utilize its services. At WR Trading, we rank FP Markets 1st place among UK brokers.

Key Facts About FP Markets:

Feature	FP Markets
Available in the UK	Yes
Account Types	Standard, Raw
Tradable Instruments	Forex, Indices, Commodities, Shares, Metals, Bonds, ETFs
Trading Platforms	MT4, MT5, TradingView, IRESS, cTrader, WebTrader, Mobile App
Regulation	ASIC, CySEC, ESMA, FSCA, FSA, FSC
Minimum Deposit	$100
Minimum Order	0.01 Lot
Leverage	Up to 500:1
Spreads	From 0.0 pips (Raw Account), 1.0 pips (Standard Account)
Commissions	$3 per lot (Raw account)
Accepted Currency	AUD, USD, GBP, EUR, CAD, CHF, HKD, SGD, NZD, JPY, INR, SGD, PLN, BRL, NGN, ZAR, MXN
Transaction Options	Bank Transfers, Credit/Debit Cards,  Neteller, Bank transfer, Skrill, Sticpay, ePay, Google Pay, Crypto, Apple Pay, Astro pay, Perfect Money, Online Banking, Bpay, PayPal

#3 Vantage Markets

Vantage Markets can offer customers a rich variety of over 40 Forex pairs, serving different needs in trading. It has competitive pricing with its spreads starting as low as 0.0 pips. Add this to the commitment to transparency and strong regulation from ASIC, CIMA, SIBL, and VFSC, you can see why it’s an attractive choice for many traders. At WR Trading, we rank Vantage Markets 3rd place among United Kingdom brokers.

Key Facts About Vantage Markets:

Feature	Vantage Markets
Available in the UK	Yes
Account Types	Standard, Raw, Pro ECN, Cent, Premium, Swap free
Tradable Instruments	Over 40 Forex pairs, Indices, Commodities, Shares, ETFs, Stocks, Gold, Silver, Oil, Bonds, Energies.
Trading Platforms	MT4, MT5, WebTrader, Vantage App, TradingView, ProTrader
Regulation	ASIC, CIMA, SIBL, VFSC
Minimum Deposit	$50 (Standard and RAW), $10,000 (Pro ECN)
Minimum Order	0.01 lot
Leverage	Up to 500:1 (1:30 for UK traders)
Spreads	From 0.0 pips (Raw ECN and Pro ECN accounts), From 1.0 pip (Standard STP and CENT accounts)
Commissions	$3 per lot side (Raw ECN),  $1.50 per lot side (PRO ECN)
Accepted Currency	USD, GBP, EUR, HKD, AUD, SGD, CAD, NZD, JPY
Transaction Options	Bank Transfers, Credit/Debit Cards, Bank wires, credit/debit cards, BPAY, PoLi, Skrill, Neteller, Astropay, Fasapay, Domestic Fast Transfer, International EFT, China Union Pay, JCB, Broker-to-Broker Transfer, Pagsmile, Perfect Money, Thailand Instant Bank Transfer

#4 RoboForex

RoboForex is a well-established broker. The FSC oversees this broker for the security and safety of the clients. RoboForex doesn’t have a subsidiary in the UK, but they allow UK traders to use their service only after providing a disclaimer to such clients via their website, letting them know that the regulation for their region of operation may not cover them. At WR Trading, we rank RoboForex 4th place among UK brokers.

Key Facts About RoboForex:

Feature	RoboForex
Available in the UK	Yes
Account Types	Prime, ECN, R StocksTrader, Pro Cent, Pro
Tradable Instruments	Over 12,000 instruments across 9 asset classes, including Stocks, Indices, ETFs, Currencies, Commodities, Energies, Metals, and Currencies
Trading Platforms	MT4, WebTrader, MT5, ProTrader, AppTrader, R Stocks Trader, R Mobile Trader, R WebTrader, MT 4 MultiTerminal
Regulation	FSC (for clients outside the UK)
Minimum Deposit	$10 (Prime, ECN, Pro, ProCent), $100 (RStocksTrader)
Minimum Order	0.01 lot
Leverage	1:300 (Prime), 1:500 (ECN and R StocksTrader), 1:2000 (ProCent and Pro)
Spreads	0.0 pips (Prime, ECN), 0.01 pips (R Stocks Trader), 1.3 pips (Pro, ProCent)
Commissions	$0 (Pro and ProCent) Available (Prime, ECN, and R StocksTrader)
Accepted Currency	USD, EUR, GOLD
Transaction Options	Bank transfers, credit/debit cards, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, QR and Vouchers

#5 Moneta Markets

Moneta Markets is currently one of the very few UK forex brokers offering its clients more than 1,000 tradable instruments. The broker focuses on the best accessibility, delivering advanced trading platforms like MT4, MT5, ProTrader, and AppTrader.

With a decade of experience and an infrastructure built to support high-volume trading, Moneta Markets has since grown into a specialist dealing in the global financial markets. At WR Trading, we rank Moneta Markets 5th place among United Kingdom brokers.

Key Facts About Moneta Markets:

Feature	Moneta Markets
Available in the UK	Yes
Account Types	Direct, Prime, Ultra
Tradable Instruments	Over 1,000 instruments, including Forex, Commodities, Indices, ETFs, Share CFDs, Bonds, Metals, Energy, Crypto CFDs, and Index CFDs
Trading Platforms	MT4, MT5, ProTrader, AppTrader, WebTrader, CopyTrader App, MetaTrader App, MT4 WebTrader
Regulation	FSCA (for clients outside the UK), SLIBC
Minimum Deposit	$50 (Prime and Direct), $20,000 (Ultra)
Minimum Order	0.01 lot
Leverage	Up to 1000:1
Spreads	From 0.0 pips (Prime ECN and Ultra ECN), 1.2 pips (Direct STP)
Commissions	$1 per lot per side (Ultra ECN), $3 per lot per side (Prime ECN)
Accepted Currency	USD, EUR, GBP, NZD, SGD, JPY, CAD, HKD, BRL, AUD
Transaction Options	Wire transfers, Debit/credit cards, PayPal, STICPAY, Neteller, Skrill, JCB, FasaPay

#6 Pepperstone

One of the top Forex and CFD brokers, Pepperstone offers great diversification with more than 1,200 tradable instruments. Known for its razor-sharp spreads and super-fast execution, Pepperstone serves traders looking for the best trading conditions. 

Being regulated by the FCA, Pepperstone has always positioned client security and transparency at the forefront of its business operations, thus building a trustworthy brand for traders globally. At WR Trading, we rank Pepperstone 6th place among UK brokers.

Key Facts About Pepperstone:

Feature	Pepperstone
Available in the UK	Yes
Account Types	Razor, Standard
Tradable Instruments	Over 1200 CFDs Commodities, Metals, Currency Indices, Shares, Cryptocurrencies, Forex
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone Trading Platform, Pepperstone Mobile App
Regulation	FCA, ASIC, BaFin, CMA, CySEC, DFSA,  SCB
Minimum Deposit	$0
Minimum Order	0.01 lots
Leverage	Up to 1:30 (For UK traders)
Spreads	From 0.0 pips (Razor account)
Commissions	$3.5 per lot (Razor account)
Accepted Currency	GBP, USD, EUR, CHF, AUD, CAD, JPY, NZD, SGD, HKD
Transaction Options	International bank transfer, Visa debit/credit card, PayPal, Domestic bank transfer, Neteller, Skrill, MPESA, Flutterwave

#7 IC Trading

IC Trading is one of the leading Forex brokers that offers a great variety of trading accounts following diverse trader preferences. Being a subsidiary of IC Markets in the UK gives IC Trading access to a great variety of trading instruments.

IC Trading provides popular platforms for trading, such as MetaTrader 4, MetaTrader 5, and cTrader. These ensure that traders have the tools necessary to effectively execute their trading strategies. At WR Trading, we rank IC Trading 7th place among UK brokers.

Key Facts About IC Trading:

Feature	IC Trading
Available in the UK	Yes
Account Types	Raw Spread, Standard, cTrader Raw Spread
Tradable Instruments	Forex CFD, Cryptocurrencies, Commodities, Gold, Indices, Stocks, Bonds
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader
Regulation	FSC
Minimum Deposit	$200
Minimum Order	0.01 lot
Leverage	Up to 1:1000
Spreads	From 0.0 pips (Raw Spread Account), From 0.8 pips (Standard Account)
Commissions	$3.5 per lot (Raw MetaTrader), $3 (Raw cTrader), and $0 (Standard) per lot side
Accepted Currency	AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF
Transaction Options	Credit/Debit Cards, Bank Transfer,  PayPal, Neteller, and Broker to Broker.

#8 XM

XM is one of the better-known Forex brokers worldwide, having a strong regulatory foothold with CySEC and FSC licenses. This broker has earned its reputation in the eyes of their clients for not treating its customers differently based on account size or trading experience.

Although XM says on their website that they are regulated in the UK, the broker is marked as unauthorized for UK traders on the FCA website. Notwithstanding, the trading environment’s ease of use and trading conditions set this broker among the list of top brokers accepting UK traders. At WR Trading, we rank XM 8th place among UK brokers.

Key Facts About XM:

Feature	XM
Available in the UK	Yes
Account Types	Standard, Micro, Ultra Low Standard, Share
Tradable Instruments	Forex, CFDs, Shares, Indices, Commodities, Metals, Energies, Cryptocurrencies,  Stocks, Futures, Turbo Stocks, Thematic Indices
Trading Platforms	MT4, MT5, XM WebTrader, XM App
Regulation	CySEC, FSC
Minimum Deposit	$5 (Micro, Standard, Ultra Low Standard), $10,000 (Shares Account)
Minimum Order	0.01 lot
Leverage	Up to 1:30
Spreads	From 0.8 pips (ultra-low Standard), 1.6 pips (Micro, Standard)
Commissions	Zero commission ( Micro, Standard, Ultra low Standard)
Accepted Currency	USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, SGD, ZAR
Transaction Options	Bank Wire Transfer, Neteller, Skrill, PayPal, FasaPay

#9 FBS

FBS is a Forex brokerage firm that grants its clients easy access to the market with a very user-friendly platform. The brokerage firm, with its minimum deposit of $5, is suitable for both new and more experienced traders. It provides different services, with features and benefits specific to Standard and Cent accounts. 

While providing competitive leverage of up to 1:500 for professional traders, FBS values its customer education, providing valuable resources to support them. Being regulated by the CySEC, the broker strives to provide a safe trading environment for all its clients.

At WR Trading, we rank FBS in 9th place among UK brokers.

Key Facts About FBS:

Feature	FBS
Available in the UK	Yes
Account Types	Standard, Cent
Tradable Instruments	Forex, CFDs, Shares, Indices, Commodities, Metals, Energies
Trading Platforms	MT4, MT5, FBS App
Regulation	CySEC, FSC Belize, ASIC
Minimum Deposit	$5, but this may vary for different payment systems
Minimum Order	0.01 lot
Leverage	Up to 1:3000
Spreads	From 0.7 pips
Commissions	From 0%, Varies by account
Accepted Currency	USD, EUR, XAU, MXN, JPY, CHF, GBP, CAD, AUD, NZD, TRY, SGD, ZAR, SEK
Transaction Options	Over 200+ payment methods. Bank wire transfers, bank cards, e-payment methods, and exchangers

#10 VT Markets

VT Markets is an international Forex brokerage firm that offers an easy and convenient way for investors to trade markets. VT Markets provides access to different asset classes, with over 1,000 tradable instruments in shares, forex, ETFs, and other markets. The broker is regulated by ASIC, FSCA, and FSC, but it is sadly unauthorized by the FCA for traders in the UK.

However, with the broker’s effort to integrate customer safety and trust into a highly reliable trading environment, VT Markets still accepts traders from the UK. The broker provides ultra-low spreads from as low as 0.0 pips, super-fast execution speeds, and multi-account options designed for different traders. At WR Trading, we rank VT Markets 10th place among UK brokers.

Key Facts About VT Markets:

Feature	VT Markets
Available in the UK	Yes
Account Types	Standard STP, Raw ECN
Tradable Instruments	Over 1000 instruments Forex, Soft Commodities, Indices, ETFs, CFD Bonds, CFD Shares, Precious Metals, Energies
Trading Platforms	MT4, MT5, WebTrader, TradingView, VT Markets App
Regulation	ASIC, FSCA, FSC
Minimum Deposit	$100
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 0.0 pips (Raw ECN) and 1.2 pips (Standard STP)
Commissions	Only on ECN accounts:AUD $0.03 (round turn $0.06)USD $0.03 (round turn $0.06)GBP £0.02 (round turn £0.04)EUR €0.025 (round turn €0.05)CAD $0.03 (round turn $0.06)
Accepted Currency	AUD, USD, GBP, EUR, CAD, HKD
Transaction Options	Credit/Debit Cards, Bank Transfer, UnionPay transfer, Neteller, Skrill, Fasapay, Mobile pay, bank cards, EU bank, Vietnam Instant Bank Wire Transfer, Thailand Instant Bank Transfer

Is Forex Trading legal in the UK?

Yes, Forex trading in the UK is legal. The country has well-established, strong regulatory jurisdiction through the FCA, aimed at protecting investors by ensuring that the market works fairly. This legal framework sustains a favorable environment for forex brokers to operate and gives traders a secure platform through which they can undertake forex trading activities.

How are Forex Brokers regulated in the UK?

Forex brokers in the UK are overseen by the Financial Conduct Authority (FCA). This regulator has acted like a veritable backbone to safeguard the interests of investors from dubious practices of players by putting stringent rules on forex brokers desirous of operating on its shores. 

With strict capital requirements, regular audits, and compensation schemes in place for clients, the FCA offers quite a strong degree of security to traders.

Security of the Regulation

The FCA regularly follows brokers up with frequent audits and inspections to ensure that the broker is in accordance with set rules that protect the clients against misconduct and financial mismanagement.

A prime example of the FCA’s enforcement power is a fine it levied in 2022 against BGC Brokers LP, GFI Brokers Limited, and GFI Securities Limited for not putting in place adequate systems to detect market abuse. This case puts into clear relief the stated commitment of the FCA to maintaining market integrity and holding firms responsible for their actions.

How to Find Out If your Forex Broker is Regulated in the UK

You can check a UK trading broker’s regulation status on the register of authorized firms maintained by the FCA. Enter the name of the broker in the search function on their website and regulation information should come up. This is very important. Your chosen broker should be regulated by the FCA for activities conducted in the UK. Conducting business with an unregulated broker comes with significant risk.

In the case that your broker is not regulated in the UK, make sure to check the broker’s website to know the financial body that regulates them, and visit the organization’s website to confirm the regulatory status. Note that a broker’s regulatory status can be revoked when in breach of regulatory policies.

How WR Trading Tested the Best Forex Brokers in the UK

WR Trading went into deep research to identify the best UK-based Forex brokers. As many factors were involved in this determination, our study focused on the following key features:

• Regulatory status: ensuring that the broker is correctly regulated by the FCA.
• Trading platforms: Whether popular trading platforms like MetaTrader 4 and its successor, MetaTrader 5, are available.
• Trading instruments: Assessing the range of forex pairs and CFDs, among other possibilities.
• Spread and commission: Comparing their pricing structures and fees in bearing down to the overall cost-effectiveness.
• Speed of execution: Testing times for the execution of orders to learn about trade execution efficiency.
• Customer Support: The level of quality and the presence of responsiveness in customer support services.
• Educational resources: whether they have relevant trading education and tools available.

It’s for these reasons that, looking carefully at these factors, we could establish the ranking of the best forex brokers in the UK in general, and those more appropriate for specific trader profiles.

Supported Payment methods for UK Traders

There are quite a several means of payment that UK traders can use in funding their forex trading accounts. Among the popular ones:

• Bank Transfer: A traditional method still in everyday use when it comes to putting money in and getting money out.
• Debit and credit cards: quick, convenient payment anywhere.
• Electronic wallets: With services such as PayPal, Skrill, and Neteller at your disposal, you are assured of speed and safety in transactions.
• Localized payment methods: Some brokers offer specific UK payment methods like Klarna for faster-integrated Payments.

It’s essential to consider factors such as transaction fees, processing times, and security when choosing a payment method.

Conclusion: The Best Forex Broker Are Available In The UK

Arguably, the most important thing in trading is the choice of a broker. Looking at all the factors such as regulation, the trading platform, spreads, and customer support will help traders make informed decisions. The UK has established a very solid, sturdy regulatory environment for forex trading. 

Carefully considering the brokers presented in this article and your personal trading needs will help you find the most appropriate platform to begin your journey of Forex trading.

Frequently Asked Questions on Forex Brokers in the UK