Trading Forex is very popular in the United Kingdom. Before one is accepted by a broker as a client, there are a few things they must achieve, such as being registered by the Financial Conduct Authority, which regulates the industry in the country.
There are many Forex trading brokers in the UK, but below are some of the best based on their trust score among other variables.
IG
Founded in 1974, it is one of the most trusted brokers in the United Kingdom. Whether you are a beginner in the industry or have been there and looking for excellent service, and great products for trading, IG is the place for you. The platform has over 295,000 traders from across the globe.
Swissquote
Now 24 years in the market, Swissquote is regulated in four tier-one jurisdictions which makes it one for the safest brokers in the country. If you are still trying to navigate the industry to understand how currencies are traded, this is one of the best platforms for you. If you are looking for premium services and willing to pay the price, Swissquote, should be it.
City Index
This platform offers a great range of products. It has excellent research tools and platform options which are two things every trader is more concerned about. Its customer care service is also excellent, and the fact that it’s backed by GAIN capital, makes it one the best retail brokers globally.
XTB
If you are in the United Kingdom and looking for an extraordinary Forex Trading Broker, this platform offers that experience. Its excellent customer service also sets it ahead of the pack in the sector. It is also great for beginners, as it has outstanding research tools.
FXCM
Founded 21 years ago, FXCM boasts of a wide range of trading tools, if you are looking for a platform catering for different types of traders, this is the option to consider. The site offers quality trading insights.