Top 5 Best Forex Brokers UK – Trading Platform Reviews

Looking For A Reputable UK Forex Broker? Discover The Top 5 UK Forex Brokers With The Best Customer Satisfaction, Condition & Trading Platforms

REVIEW BREAKDOWN
Vantage FX: Best UK Forex Broker, Excellent Execution & Costs & Most Complete Trading Platform
Trade.com: Best UK Broker for trading U.S. Stocks, ETF’s & Forex With Beneficial Ownership
Admiral Markets: Best UK Broker for Customer Satisfaction & MT4 & MT Platforms
Forex.com: Best UK Listed Forex Broker with MT4 & VPS Hosting
Plus500: Best For a Big Selection of Share CFDs, ETF’s & Cryptocurrencies

Table of Contents

This review covers the Top 5 Foreign Exchange (Forex) Brokers in the UK, based on independent customer satisfaction ratings, service quality and thousands of hours of testing and comparisons.  Whichever broker you choose you should be in good hands.

The best Forex & CFD brokers & Platforms In The UK
The Best Forex & CFD brokers & Platforms In The UK

The 5 Best Forex Brokers – UK

  • Vantage FX: Best UK Forex Broker, Excellent Execution & Costs & Most Complete Trading Platform
  • Trade.com: Best UK Broker for trading U.S. Stocks, ETF’s & Forex With Beneficial Ownership
  • Admiral Markets: Best UK Broker for Customer Satisfaction & MT4 & MT Platforms
  • Forex.com: Best UK Listed Forex Broker with MT4 & VPS Hosting
  • Plus500: Best For a Big Selection of Share CFDs, ETF’s & Cryptocurrencies

5 Best Forex Brokers UK Reviews

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Vantage FX

Vantage FX CFD Broker Review
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Simply The Best Trading Conditions, Most Complete Platform & First Class Execution Speed & Costs. Add cTrader, MT4 & 5, ZuluTrade and Regulated By ASIC Australia You Have A Great Broker.

Vantage FX has been around since 2009 which makes it one of the more established CFD Forex Brokers in the industry.  Based in Australia, but servicing the U.K. Vantage FX is focused on enabling their clients open and transparent access to the markets while using the best platforms around, MT4 & MT5. Straight Through Processing (STP) and Electronic Communications Network (ECN) accounts also mean direct market access, lightning-quick execution and no conflict of interest with the client.

Vantage FX Review SummaryPro’sCon’s
Trustpilot Score ★★★★★ Retail & Pro Accounts + ECN & STP✘ No ETF or Bond Trading
FPA Rating ★★★★★ Choice of Spread or Commission✘ Only 100 Share CFD’s
Open An Account★ MT4, MT5 & ZuluTrade Platforms Available
★ Cryptocurrency Trading
★ High Leverage Possible

Risk Warning: 70%+ of retail investor accounts lose money when trading CFDs with leverage.

Vantage FX CFD Forex Broker Review

Broker Ratings & Reputation

Vantage FX scores extremely well on the FPA rating website, with 4 stars, which is one of the highest ratings for Forex Brokers.

The Trustpilot ratings are also 4 stars  Vantage FX is a highly reputable broker with very happy customers and operating under one of the most stringent regulatory authorities in the world, the Australian Security and Investments Commission.

Types Of Accounts Available At Vantage FX

Vantage FX Account TypesStandard STPRAW ECNPRO ECN
Platform  MetaTrader 4
MetaTrader 5
WebTrader
Mobile Apps
Execution Type STPECNECN
Forex Pairs404040
Indices131313
Commodities202020
Minimum Balance$200$500$20,000
Minimum Trade Size0.01 lot0.01 lot0.01 lot
Leverage  Up to500:1500:1500:1
Spreads from1.4 pips0.0 pips0.0 pips
Commission$0$3.00 per lot per side$2.00 per lot per side
Table 1: Service & Leverage Per Account – Vantage FX

As you can see Vantage FX are competitive across the board, the only decision you will need to make is the type of account you want.  The Standard STP account is a Straight Through Processing (STP) account which enables direct market access to the big liquidity providers like hedge funds and investment banks, this is great for the trader because the broker is not taking the opposite side of your trade therefore not trading against you.  Because it is an STP account you will pay a tight spread to fund the transaction with the liquidity providers.

The RAW ECN and PRO ECN accounts use the Electronic Communications Network via MetaTrader.  The ECN is a global hub where all the major liquidity providers connect to and compete to fill your order by offering the best prices.  For the privilege of offering you the best price, they will be paid via $3.00 per lot on the Raw ECN accounts and $2.00 per lot on the PRO account.

If you are a novice or intermediate trader go for the Standard STP account.  If you are experienced go for RAW ECN and if you will be a frequent trader with a minimum account balance of $20,000 you can opt for the PRO ECN account.

Whichever account you choose you know you will not be competing against your broker, but connecting directly to the markets and getting good prices for your trades

Forex Trading

Vantage FX offers a good selection of 40 foreign exchange (Forex or Fx) pairs for trading.  All the common pairs such as EUR/USD and EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan).  Leverage is available up to 500:1 but of course, the leverage available to you depends, as with all brokers, on your account balance and experience.

Cryptocurrency Trading

Trading Crypto is hot right now, and Vantage FX currently offer 6 Cryptocurrency pairs. You can trade Bitcoin, Bitcash, Ethereum, Litecoin and Ripple vs the U.S. Dollar at between 2:1 and 5:1 leverage.

Share & Indices Trading

With a portfolio of only 100 shares CFD’s, Vantage FX is a little light in this department, with other brokers offering up to 3000 shares.  The 100 shares you can trade are mostly U.S. Blue Chip companies.  So if taking advantage of stock trading opportunities is your thing you might want to look at Plus500.

In terms of indices,  you will have access to the major European, American and Asian benchmarks including the DAX, Nasdaq, Dow, CAC, FTSE, ASX, Hang Seng, and the China A50, 15 in total at up to 200:1 leverage.  Vantage FX does not offer Options trading via CFD’s.

Commodities

For those interested in commodities, there are 20 to choose from, which gives you enough to trade if your focus is on commodity futures. The usual commodities like Oil, Coffee, Corn, Wheat, Copper, Sugar, and Gas are available.

Brokers Trading Platform

Vantage FX aims to provide its customers with every possible choice of tool & trading platform.  You have the choice of Vantage FX WebTrader or MetaTrader 4 / 5, cTrader for ECN Currency Trading, ZuluTrader for Copy Trading and MyFXBook.  Of course, whichever desktop software you choose, you will still be able to trade from your tablet and smartphone. The MetaTrader 4 App has a 4-star rating on the Play store and in the Apple store 4.5-stars, which means you will get a great mobile trading experience. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Vantage FX Web Trader For MT4 & MT5

You can use the Vantage FX Web Trader platform which is easy to use yet very powerful, this will give most retail investors what they need with a minimal investment in training and no installation required.  Simple “one-click to trade” enables you to execute the trade quickly.  You have all the order types available, so there is no pairing back of functionality with the online tool.  Naturally, you get streaming real-time quotes, but the best thing is that the orders are processed using Straight Through Processing (STP) which means the order goes straight to the top tier liquidity providers to optimize order (Bid/Spread) pricing and execution.

Vantage FX MetaTrader 4 & MetaTrader 5

Vantage FX MetaTrader 5 Platform
Vantage FX MetaTrader 5 Platform

If you want to operate an ECN account with direct market access you can utilize the best, MetaTrader 4 or 5. MetaTrader will open up a world of automated trading and real-time streaming of news and events, it may take some time to work on your learning curve but it will be well worth it.  The ECN is worth its weight in gold because you trade directly in a pool with other traders without the middle man or Market Maker, this is how you get spreads close to 0.0, but instead, there is a transaction fee commission on the trade due to the costs of operating the ECN.  The ECN is not operated by Vantage FX, but they do have a Fiber link into the ECN for faster trade execution.

There are no upfront costs associated with using the platforms available.

Vantage FX – MarketTrader Video

MarketTrader – The Flexible Forex (FX) Trading Platform

Watch The Video Overview

Company Background & Regulators

Vantage FX was established in 2009 and it has developed a loyal following through its fair market access and customer service. The holding company is Vantage Global Prime Pty Ltd a privately held company supervised and regulated by the Australian Securities and Investments Commission (ASIC), one of the more stringent regulators out there.

Account Funding & Investor Protection

Account Funding

Opening a demo account is free, but to start trading you will need a minimum balance of $200 for a Standard STP account all the way up to $20,000 for a PRO ECN account.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $200, you probably should not be attempting to trade CFD’s.

Investor Protection

Vantage FX Special Bonus 50% Rebate
Vantage FX Special Bonus 50% Rebate

Vantage FX do not offer negative balance protection or guaranteed stops.  This could be because of the nature of the service they offer.  You cannot expect Vantage FX to offer guaranteed stops when they are offering a Straight Through Processing (STP) service.  This means they are not acting at the market maker, which would allow them to offer negative balance protection and guaranteed stops, they are routing your trades through to a much more liquid market where it is not so protected.  This has benefits to the trader because you are getting the absolute best bid and ask price spread, but the downside is that for complete beginners there is little protection.

Finally, as per regulatory requirements, Vantage FX operates segregated accounts, meaning that your cash account is segregated from the accessible funds available to Vantage FX, simply meaning, they cannot use your funds to trade their own account.  Also, there is insolvency compensation of up to 20,000 EUR in accordance with CySec regulations.

Customer Support & Satisfaction

Customer support is available on a 24/5 basis offering six regional phone numbers in Australia, UK, China, Canada and an international line.  They also have online chat and email support, much more you cannot ask for.  You can also see from their 5,000 twitter followers, there are few complaints about the service.

Review Summary Vantage FX

Vantage FX is a highly rated and reputable CFD Forex broker who really cares about offering their clients the best market conditions to trade in.  A great set of trading platforms including MT4, MT5, WebTrade, and Zulu trade combined with a choice of STP and ECN routing, mean Vantage FX is one of the best companies operating today.  A good reputation is important in this industry and they have it, a respectable Australian regulated company offering a great platform and a suite of signals, alerts and market updates to help their clients be profitable.

Open An Account With The Best + 50% Deposit RebateRead The Full Vantage FX Review

Risk Warning: 70%+ of retail investor accounts lose money when trading CFDs with leverage.

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Trade.com

Visit Trade.com
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Trade.com Review – Winner

Great for trading Stocks & ETFs globally with beneficial ownership and straight-through processing (STP), plus a large selection of CFD’s on Stocks, Forex, Bonds, and Commodities. 

Based in the U.K. Trade.com services U.K. clients.

Trade.com & parent company Tradecapital Markets have been around since 2013 and are based in the UK & Cyprus in Europe. Trade.com are focused on enabling their clients access to a broad selection of tradeable market assets while using the best platforms around, Webtrader, MT4 & MT5 for pure stock trading.

Straight Through Processing (STP) on the live stocks account also means direct market access, lightning-quick execution and no conflict of interest.

Trade.com Review SummaryPro’sCon’s
Trustpilot Score: ★★★★★ Retail & Pro CFD Accounts min balance $100✘ No ZuluTrade or MyFXBook
FPA Rating: ★★★★ Live Stocks Account – STP Direct Stock Ownership
★ MT4, MT5 & Webtrader
Open An Account★ 2000+ Stocks & ETFs
★ Bonds, Forex, Commodities

Risk Warning: 71.36% of retail investor accounts lose money when trading CFDs with this provider.

Broker Ratings & Reputation

Trade.com score  4 stars on Trustpilot and 3 stars on the FPA website. It is always worth performing your own research on the background of any broker you choose.

What we can say is that of the 700 followers they have on twitter, there are no negative tweets in the last 3 months.

Types Of Accounts Available At Trade.com

CFD AccountsMicroSilverGOLDPLATINUMExclusive
Minimum Account Size$100$1,000$10000$50,000$100,000
Daily AnalysisMorning ReviewMorning ReviewMorning ReviewMorning ReviewMorning Review
Desktop & Mobile Trader
Education Videos
24 Hour Customer Service
Webinars & Seminars
Dedicated Account Manager
Premium Daily Analysis
Signals & StrategiesTrading CentralTrading CentralTrading Central
Premium Customer Support
Table 1: Service & Leverage Per Account – Trade.com

As you can see, there are 4 accounts starting at Basic with only a 100 $/Eur minimum.  But if you deposit $2,500 you can open a classic account.  This is worthwhile because you will be assigned a dedicated account manager, this is recommended because starting out trading contracts for difference and utilizing margin can be complex.  It is people not understanding these complexities that often leave negative comments on ratings sites about CFD brokers.  With a dedicated account manager you will get free one to one time with that person who can provide guidance on how the accounts, margin, and CFD’s work, most importantly they can advise on good account management of your portfolio, so you do not fall into any traps.

The gold and platinum account will enable you to get complimentary access to Trading Central a 3rd party trading strategies, signals and research company.  Finally, with the platinum account, you will receive premium service levels and responses for support.

Trade.com Live Stocks Account

I reserve a section in this review to discuss the Live Stocks Account.  Recently introduced, the Live Stocks Account gives the client access to market liquidity, with key differences to a CFD account:

  1. You will be a beneficial owner of the stocks and ETF’s you trade in this account
  2. This account allows you to access & trade thousands of U.S., German, French & UK Stocks
  3. You are able to purchase & own U.S. exchange-traded funds (ETF’s)
  4. Using MT5 you will have direct market access (DMA) via Straight Through Processing (STP)

The Live stocks account is a Straight Through Processing (STP) account which enables direct market access, meaning you can buy or sell securities on all major global stock exchanges. This means the broker is not taking the opposite side of your trade therefore not trading against you.  Because it is an STP account you will pay a tight spread to fund the transaction with the liquidity providers.  It has an excellent selection of stocks and ETFs with low commissions.  The commissions range from 0.05 USD per share for volumes under 10,000 share per month, to 0.007 USD for more than 500,000 shares per month traded.  There is a minimum cost per trade of $1.50.

With this account, you get MetaTrader 5 for free.  The MetaTrader 5 platform is one of the most advanced and effective multi-assets trading platforms available.

Choose the account right for you. If you want to trade & own Stocks and ETF’s choose the Live Stocks account, if you prefer a broad selection of currencies, cryto’s and commodities choose one of the the CFD accounts

Forex Trading

Trade.com offers a huge selection of up to 62 foreign exchange (Forex or Fx) pairs for trading.  All the common pairs such as EUR/USD and EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan).  Leverage is available up to 300:1 for professional accounts and 20:1 for retail accounts.

Cryptocurrency, Share, Indices & ETF Trading

As mentioned previously, you can trade stocks via a CFD account (Webtrader or MT4) or a Live Stocks (MT5) account.  In terms of ETF’s,  there are over 30, covering France, Germany, U.K and the U.S.A.  There are 26 different indices covered via CFD’s.  Trading Crypto is hot right now, and Trade.com currently offer 4 Cryptocurrency pairs, Bitcoin, Dash, Ethereum & Litecoin.

CommoditiesCommodity Trading With Trade.com

For those interested in commodities, there are 36 to choose from, which gives you the biggest selection of all the CFD brokers we have reviewed, so if your focus is on commodity futures then this is a good choice of broker. The usual commodities like Oil, Coffee, Corn, Wheat, Copper, Sugar, Orange Juice and all the metals are available.

Brokers Trading Platform

Trade.com aims to keep it simple and straight forward when it comes to choice of tools, you have the choice of WebTrader, MetaTrader 4  or MetaTrader 5.  Of course, whichever desktop software you choose, you will still be able to trade from your tablet and smartphone. The MetaTrader 4 App has a 4-star rating on the Play store and in the Apple store 4.5-stars, which means you will get a great mobile trading experience. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Trade.com WebTrader For MT4 & MT5

You can use the Web Trader platform which is easy to use yet very powerful, this will give most retail investors what they need with a minimal investment in training and no installation required.  Simple “one click to trade” enables you to execute the trade quickly.  You have all order types available, so there is no pairing back of functionality with the online tool.  Naturally, you get streaming real-time quotes.

Powerful Signals & Research For Clients

Trade.com provides complimentary access to Trader Central a respected 3rd party service for gold and platinum account holders, for this you will need an opening balance of $10,000.  Email and video trading signals and analysis through Trading Central are focussing on specific high probability setups.

Trade.com also provide daily market update videos filmed directly from their head office trading floor and are providing in English, German, Spanish and Italian languages.

Their various youtube channel host thousands of educational and market update videos and their own private channels for registered clients provide daily briefings.  They also have live webinars and have a good selection of training videos and resources.

Company Background & Regulators

Trade.com was established in 2013 in Cyprus, Europe. The holding company is Tradecapital Markets Ltd a privately held company supervised and regulated by Cyprus CySec.

Account Funding & Investor Protection

Account Funding

Opening a demo account is free, but to start trading you will need a minimum balance of $100 for retail accounts.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $1,000, you probably should not be attempting to trade CFD’s.

Investor ProtectionTrade.com Review - Regulation

Trade.com do offer negative balance protection for all retail CFD accounts. Also, as per regulatory requirements, Trade.com operates segregated accounts, meaning that your cash account is segregated from the accessible funds available to Trade.com. Simply meaning, they cannot use your funds to trade their own account.  Lastly, there is insolvency compensation of up to 20,000 EUR in accordance with regulations.

Customer Support & Satisfaction

Customer support is available on a 24/7 basis offering call-in numbers in Cyprus.  If you want the best level of service and support I would recommend the Classic, Gold or Platinum accounts as you will have your own dedicated account manager to help you get up to speed and to provide training and guidance.

You can also see from their 700 twitter followers there are few complaints about the service.

Review Summary Trade.com

Trade.com is focused on providing a broad selection of assets to trade via CFD’s and real beneficial ownership accounts.  A good set of trading platforms are provided for free including MT4, MT5, and their own Trade.com web application.

What I like the most is the Live Stocks account which opens up the world of U.S. stocks and ETF’s to their customers around the globe.  Easy direct market access and straight-through processing to the large exchanges and liquidity pools means fast execution and low commissions plus you actually own the stocks.

Open An Account With Trade.comRead The Full Trade.com Review

Risk Warning: 71.36% of retail investor accounts lose money when trading CFDs with this provider.

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Admiral Markets

Admiral Markets CFD Forex Broker Review
Liberated Stock Trader Review Winner
Admiral Markets Review Winner

Best For Stock & Fx Traders, ECN Access & A Huge Selection Of Forex, Crypto’s & 4,500 Shares & ETF’s

Admiral Markets has been around since 2001 which makes it one of the more established CFD Forex Brokers in the industry.  Based in Estonia, Europe and servicing U.K. clients, Admiral Markets are focused on enabling their clients open and transparent access to the markets while using the best platforms around, MT4, MT5 and MetaTrader Supreme Edition.

We recommend the STP and ECN accounts which enable direct market access, lightning-quick execution and no conflict of interest.

Admiral Markets Review SummaryPro’sCon’s
Trustpilot Score ★★★★ (Excellent)★ Retail & Pro Accounts + ECN & STP✘ No ZuluTrade
FPA Rating ★★★★ ★ Choice of Spread or Commission
★ MT4, MT5 &  MT Supreme Platforms
★ 32 Cryptocurrencies
Visit Admiral Markets★ 45 Forex Pairs, ETFs, Stocks & Commodities

Risk Warning: Over 70% of retail investor accounts lose money when trading CFDs with leverage.

Broker Ratings & ReputationAdmiral Markets CFD Forex Broker Review

Admiral Markets scores extremely well on the FPA rating website with 4 stars, which is the highest rating seen for any CFD Broker.

Also Trustpilot rates Admiral Markets with 4 Stars and an Excellent Rating.  Admiral Markets has the highest reputation of any broker I have seen, and has many very happy customers.

Types Of Accounts Available At Admiral Markets

PlatformMetaTrader 4MetaTrader 4MetaTrader 5MetaTrader 6
AccountAdmiral.MarketsAdmiral.PrimeAdmiral.MT5Admiral.Invest
Minimum Deposit (EUR, USD, GBP, CHF)20010002001000
Currencies364536
Cryptocurrency CFDs532
Spot Metal CFDs435
Spot Energy CFDs33
Index Futures CFDs47
Cash Index CFDs164
Stock CFDs6403000+4000+
Bonds CFDs2
ETF’s500+
Leverage (Forex Retail)1:30 – 1:201:30 – 1:201:30 – 1:20
Leverage (Forex Pro)1:500 – 1:101:500 – 1:111:500 – 1:12
Leverage (Indices Retail)1:20 – 1:101:20 – 1:111:20 – 1:12
Spread, PipsFrom 0.5From 0From 0.5From 0
Limit / Stop Levels, Pips0 pips0 pips0 pips0 pips
CommissionsSingle Share & ETF CFDs – from 0.01 USD per shareForex & Metals – from 1.8 to 3.0 USD per 1.0 lotsSingle Share & ETF CFDs – from 0.01 USD per shareStocks & ETFs – from 0.01 USD per share
Execution TypeMarket ExecutionMarket ExecutionMarket ExecutionExchange Execution
Requotes
Negative Balance Protection 
Table 1: Service & Leverage Per Account – Admiral Markets (Big Benefits In Green)

I have highlighted the standout benefits in green in the table above.  The reason Amiral Markets has very happy clients is due to the tight spread, market and exchange execution, negative balance protection and a massive selection of instruments.

As you can see Admiral Markets are competitive if not the best across the board. The only decision you will need to make is the type of account you want.  The Admiral.Markets account is a Straight Through Processing (STP) account which enables direct market access to the big liquidity providers like hedge funds and investment banks, this is great for the trader because the broker is not taking the opposite side of your trade therefore not trading against you.  Because it is an STP account you will pay a tight spread to fund the transaction with the liquidity providers.  It has a good selection all the instruments with spreads from 0.5 pips but does not have ETF’s.  The Admiral.Prime account has 45 currencies & 3 spot metal CFD’s at 0.0 pips spread.

The MetaTrader 5 platform has 2 accounts, the Admiral.MT5 account with a great selection of instruments, including a huge 32 cryptocurrencies, and a monster selection of over 3000 share CFD’s.  These are all offered at 0.0 pips, but instead with a very small commission.  Finally, the Admiral.Invest account is clearly targetted at investors in stocks and ETF’s with 4000+ Stock CFD’s on offer and a huge 500+ ETF CFD’s.

Choose the account right for you, based on if you want to trade Stocks and ETF’s, or you prefer a broad selection of currencies, cryto’s and commodities

Forex Trading

Admiral Markets offers a huge selection of up to 45 foreign exchange (Forex or Fx) pairs for trading.  All the common pairs such as EUR/USD and EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan).  Leverage is available up to 500:1 for professional accounts and 20:1 for retail accounts.

Cryptocurrency Trading

Trading Crypto is hot right now, and Admiral Markets currently offer 32 Cryptocurrency pairs in their Admiral.MT5 account, that is the best selection available from any broker.  There are 22 Crypto’s versus Fiat Currency pairs or you can go for any of the 10 Cryptocurrency cross pairs, including Stellar & Zcash

Share, Indices & ETF Trading

The two MetaTrader 5 account specialize in Stocks & ETF’s offering over 4000 stocks from Europe, U.K and the United States.

In terms of ETFs,  again Admiral Markets have a massive selection of over 500 covering Euronext (France, Netherlands), Germany, Switzerland, the U.K, and the U.S.A.  For Indices, the major US, European and UK indices are covered.

Commodities

For those interested in commodities, there are 16 to choose from, which gives you enough to trade if your focus is on commodity futures. The usual commodities like Oil, Coffee, Corn, Wheat, Copper, Sugar, Orange Juice and all the metals are available.

Admiral Markets Trading Platform

Admiral Markets aims to keep it simple and straight forward when it comes to the choice of tools, you have the choice of Admiral Markets MetaTrader 4  or MetaTrader 5.  Of course, whichever desktop software you choose, you will still be able to trade from your tablet and smartphone. The MetaTrader 4 App has a 4-star rating on the Play store and in the Apple store 4.5-stars, which means you will get a great mobile trading experience. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Admiral Markets Web Trader For MT4 & MT5

You can use the Admiral Markets Web Trader platform which is easy to use yet very powerful, this will give most retail investors what they need with a minimal investment in training and no installation required.  Simple “one click to trade” enables you to execute the trade quickly.  You have all order types available, so there is no pairing back of functionality with the online tool.  Naturally, you get streaming real-time quotes, but the best thing is that the orders are processed using Straight Through Processing (STP) which means the order goes straight to the top tier liquidity providers to optimize order (Bid/Spread) pricing and execution.

Admiral Markets WebTrader Platform Review
Admiral Markets WebTrader Platform Review

Admiral Markets – MetaTrader Supreme Video

MetaTrader Supreme Edition

Watch The Video Overview

Risk Warning: Over 70% of retail investor accounts lose money when trading CFDs with leverage.

Powerful Signals & Research For Clients

Admiral Markets provides email and video trading signals and analysis through Trading Central, focussing on specific high probability setups.  Admiral Markets also pride themselves on enabling cutting edge education for their clients.  Their various youtube channel host thousands of educational and market update videos and their own private channels for registered clients provide daily briefings.  They also have live webinars nearly every day of the week and have a huge selection of training videos and resources.  Supporting the customers to be successful is a primary concern for Admiral Markets.

Company Background & Regulators

Admiral Markets was established in 2001 in Estonia, Europe. They have offices in the UK, Estonia, Cyprus, and Australia. The holding company is Admiral Markets Group AS Estonia a privately held company supervised and regulated by the UK FSA, Estonia EFSA, Cyprus CySec and the Australia Securities and Investments Commission (ASIC). The research concludes there have been no violations of regulations in any of the jurisdictions.

Account Funding & Investor Protection

Account Funding

Opening a demo account is free, but to start trading you will need a minimum balance of $200 for retail accounts and $1,000 for a premium account.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $200, you probably should not be attempting to trade CFD’s.

Investor Protection

Admiral Markets do offer negative balance protection for all accounts except the direct connection ECN Admiral.Invest account which is great for traders.  Admiral Markets are doing things the right way because they do not act as the Market Maker they are routing your trades through various liquidity providers or onto the Electronic Communications Network (ECN) which connects all the globals banks and major funds, his has benefits to the trader because you are getting the absolute best bid and ask price spread.

Customer Support & Satisfaction

Customer support is available on a 24/5 basis offering call-in numbers across the globe.  Also, they have a remote support feature whereby support engineers will connect directly to your PC or Mac and fix any problems you have.  Add this to the direct line to the dealing desk,and online chat and email support and you cannot ask for more.  You can also see from their 20,000 twitter followers there are few complaints about the service.

Admiral Markets Summary

Admiral Markets is simply one of the best and most reputable CFD Forex brokers who really care about offering their clients the best market conditions to trade in.  A great set of trading platforms including MT4, MT5 and their own MetaTrader Supreme edition combined with a choice of Market or Exchange execution, mean Admiral Markets is one of the best companies operating today.  A good reputation is important in this industry and they have it, a respectable regulated company offering a great platform and a suite of signals, alerts and market updates to help their clients be profitable.

Open An Account With Admiral Markets

Read The In-Depth Admiral Markets Review

Risk Warning: Over 70% of retail investor accounts lose money when trading CFDs with leverage.

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Forex.com UK

Best For Beginners & Experienced Traders, Direct Market Access Via ECN, MT4 & VPS Hosting, Great Trading Conditions & Backed Up By Gain Capital A NYSE & FTSE Listed Corporation.

Forex.com Biggest Forex Broker in the UK

Gain Capital PLC a FTSE 250 and NYSE listed company has been around since 1983, but the launch of their new brand Forex.com has brought to the table an excellent mix of Direct Market Access (ECN) & Instant Execution. Platforms include MetaTrader 4 & Virtual Private Server (VPS) hosting and in addition their own innovative advanced trader suite of tools.  Add to this, clear and transparent pricing + tight spreads and low share trading commissions and you have an excellent UK based Forex & CFD broker.

Forex.com Review SummaryPro’sCon’s
Trustpilot Stars ★★★★ Instant Execution, STP & ECN✘ No ETF’s or Bonds
FPA Rating ★★★ Good Platforms MT4 + VPS
★ Integrated Alerts, Signals, Strategies
Visit Forex.com UK★ Large Established Broker

80% of retail investor accounts lose money when trading CFD accounts

Broker Ratings & Reputation

Forex.com Fx Broker Review
Forex.com Fx Broker Review

Forex.com UK is a relatively new offering from a well-established company so there is not a large body of reviews on trustpilot.com.  Alternatively, on the ForexPeaceArmy (FPA) website the reviews are mixed with very happy customers and some not so happy.  The overall FPA rating is 2 stars.  Taking this into consideration we assume Forex.com is a reputable broker.  My interactions with the company have always been first class.

Always do your own research before deciding.

Order Execution

Forex.com offer market maker (dealing desk) services but also offer straight-through processing (STP) and electronic communications network (ECN) order execution.  I would recommend selecting the STP or ECN options as they remove any doubt of conflict of interest, which is the biggest complaint that most dealer desk brokers receive.

I spoke with representatives of Forex.com to get clarity on this and to confirm which type of trading is allowed.  The sign of a poor broker is they do not allow High-Frequency, Trading, Arbitrage or Scalping.  Forex.com do allow these types of trades, which essentially means they are not trading against you in the ECN or STP models.

Forex Pairs

Forex.com UK offers a huge selection of 80+ foreign exchange (Forex or Fx) Pairs for Trading.  All the common pairs such as EUR/USD as EUR/GBP are covered, plus a host of exotic pairs.  Leverage is available up to 30:1 but of course, the leverage available to you depends, as with all brokers, on your account balance and experience.  Leverage of 30:1 is for retail customers and if you qualify as a professional investor your maximum leverage can increase to 1:400.  Of all the brokers we have reviewed this is the largest selection of Fx pairs and the highest professional account leverage.

Cryptocurrencies

Trading Crypto is hot right now, and Forex.com UK currently offers 8 different Cryptocurrency trades.  You can trade Bitcoin, Ethereum, Litecoin & Ripple against the Dollar, Pound or AUD.  Crypto leverage is typically 1:2 for retail accounts, good brokers in this space tend to keep the leverage low to be able to service the trades in the volatile environment that is cryptocurrency.  For professional accounts, this rises to 1:20.

Share & Indices Trading

With a portfolio of over 200+ tradeable shares of the largest US & UK stocks, Forex.com UK offers a reasonable selection, higher than the typical broker offering of around 100 shares CFD’s.  In terms of Indices, all the major benchmarks are covered.  As with many of the other Forex brokers, there are no Options or Bond trading opportunities.

Forex.com Trading Platform

Forex.com UK aims to keep it straight forward when it comes to tools.  You can trade from your tablet, smartphone, and PC / Mac and your watchlists and setups are available on all devices.  There are no costs associated with using the platforms and no complex installation for the Web Trader platform or mobile apps.  The beauty of this platform is that it is extremely easy to use and intuitive, whether you are using your phone or have the WebTrader program installed on your PC.  The App has a 3-star rating on the Play store and in the Apple store, so mobile trading might not be the smoothest experience so far, but I am sure they are working on it.

Forex.com Advanced Trading Platform Video

FOREX.com Advanced Platform

Watch The Video Overview

As a frequent Forex Trader, the quality and range of the software available are important.  There is no point in having low trading costs and great margin interest rates if you cannot trade due to poor software.  If you have a preference for the industry’s most established Forex trading packages like MetaTrader, then the choice will be clear.

Forex.com Trading Strategies Tester
Forex.com Trading Strategies Tester

 

Forex.com has a broad selection of high-quality platforms available.  The industry-leading Forex Trading Software is MetaTrader and Forex.com offer MetaTrader 4.  Add to that the ability to plug in and use NinjaTrader, which has a massive and passionate user base who collaborate and contribute lots of systems and expert advisors.

Also, for Web Trading Forex.com are utilizing TradingView.  TradingView won our Best Stock Market Analysis Software Review, so you know you are getting a high-quality web trading system.

Company Background & Regulators

Forex.com is owned by Gain Capital Holdings, who are a registered corporation and floated on the NYSE Ticker:GCAP.  They have been in operation for 17 years and have full FINRA membership and the SIPC Investor Protection, in the U.K. they are regulated by the Financial Conduct Authority (FCA). You can rest assured that the company accounts are public and transparent.

Account Funding & Investor Protection

Opening a demo account is free, but to start trading you will need a minimum balance of $50.  Minimum balances seem to be important to some people, but from my perspective, if you cannot afford $500, you probably should not be attempting to trade CFD’s.

Investor Protection

Finally, as per regulatory requirements, Forex.com operates segregated accounts, meaning that your cash account is segregated from the accessible funds available to Forex.com, simply meaning, they cannot use your funds to trade their own account.  Also, there is a Financial Services Compensation Scheme (FSCS) insolvency compensation of up to 50,000 GBP in accordance with regulations.

Customer Support & Satisfaction

Forex.com is the largest Forex Broker in the U.S. & U.K. and having a business that is entirely focused on foreign exchange trading enables Forex.com to provide excellent resources in this area.  Forex.com is owned by Gain Capital a global powerhouse in CFD & Forex Trading.

The benefit here is that Forex.com clients will receive a wealth of market insights, market analysis, and market outlook communications throughout the day.  The in-house team of analysts at Gain Capital provides all the market insight you will need.

In terms of customer support, Forex.com offers a 24/7 Coverage, both over the phone, chat, and email.  It is surprising that not all Forex brokers offer this level of service.

Review Summary Forex.com UK

Forex.com is a well-established market-leading Forex broker with a good reputation, which is important in this industry.  They have a good selection of tradeable instruments including Shares, Indices and a huge selection of Forex pairs and Cryptocurrencies.  The system and platform are designed for simplicity and ease of use from the highly-rated WebTrader software to the tight spreads.  If you are looking for direct ECN market access or the MetaTrader suite, then you may they may be your broker.

Open An Account With Forex.comRead The Full Forex.com Review

80.6% of retail investor accounts lose money when trading CFD accounts

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Plus500 UK

Best For A Huge Selection Of CFDs On Shares, ETF’s & Cryptocurrencies Served On A Good Web Platform.  One Of The Few Market Makers With A Great Customer Satisfaction Score.  Scalpers & Automated Algo’s Not Allowed

plus500 CFD Broker Review & Comparison

Plus500 has been around since 2008 which makes it one of the more mature, established CFD Forex Brokers.  This is reflected in the sheer size of the number of instruments you can trade.

Plus500 Review SummaryPro’sCon’s
Trust Pilot Rating (% Avg or Better) 76%★ Large Selection of Instruments✘ No MT4 or MT5 Platforms
Trustpilot Stars ★★★ Guaranteed Stops
FPA Rating ★★★ Integrated Alerts
Open An Account★ Large Established Broker

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Broker Ratings & ReputationPlus500 CFD Forex Broker Review

Plus500 scores lower than average on Trustpilot and on ForexPeaceArmy website with 2 stars.

Forex

Plus500 offers a huge selection of 74 foreign exchange (Forex or Fx) Pairs for Trading.  All the common pairs such as EUR/USD as EUR/GBP are covered, plus more exotic pairs such as NZD/JPN (New Zealand/Japan) and CHF/HUF (Swiss franc / Hungarian Forint).  Leverage is available up to 30:1 but of course, the leverage available to you depends, as with all brokers, on your account balance and experience.  Leverage of 30:1 is for retail customers and if you qualify as a professional investor your maximum leverage can increase to 1:300.

Cryptocurrencies

Trading Crypto is hot right now, and Plus500 currently offer 13 different Cryptocurrency pairs to trade, this is the 2nd largest selection of Cryptocurrencies out of our 5 recommended brokers.  You can trade Bitcoin, Ethereum, Litecoin, Neo, Ripple XRP, EOS, Stellar, Tron, Cardano, and Monero all against the dollar.  You can also trade Ethereum against Bitcoin.  Crypto leverage is typically 1:2 for retail accounts, good brokers in this space tend to keep the leverage low to be able to service the trades in the volatile environment that is cryptocurrency.

Share & Indices Trading

With a portfolio of over 2,000+ tradeable shares, Plus500 offers one of the broadest selections of stocks available through CFD brokers.  Recently introduced are the 7 main cannabis stocks.  There is a huge selection of U.S. stocks and 20 other markets from Japan and the U.K. to Austria and Finland.  In terms of Indices, all the major European and American Benchmarks are covered, plus some rather interesting combinations like the NYSE Fang+ Index, China Internet Giants Index and even a Lithium & Battery Index.  With 31 Indices options, there is plenty of variation to quench the thirst of a well-researched trader.  In addition to shares and indices Plus500 also offer Options trading, this is interesting because very few other brokers offer Options on the menu of services offered.

Commodities

For those interested in commodities, there are 20 to choose from, which is again one of the broadest collections of commodities available. The usual commodities like Oil, Gas, Palladium, Cocoa, Cotton, and Metals are covered and include livestock such as Cattle and Hogs.

Brokers Trading Platform

Plus500: Simple & Intuitive Platform Design With integrated Alerting
Plus500: Simple & Intuitive Platform Design With integrated Alerting

Plus500 aims to keep it simple and straight forward when it comes to tools.  You can trade from your tablet, smartphone, and PC / Mac.  There are no costs associated with using the platform and no complex installation.  The beauty of this platform is that it is extremely easy to use and intuitive, whether you are using your phone or have the WebTrader program installed on your PC.  The App has a 4-star rating on the Play store and in the Apple store, which is unusual, many brokers get poor ratings for their mobile software. Ultimately you know you will be getting a solid and seamless experience however and wherever you choose to trade.

Powerful Alerting

Plus500 Trader Sentiment Alerting Is Powerful And Unique
Plus500 Trader Sentiment Alerting Is Powerful And Unique

Plus500 have taken an innovative step by adding powerful alerting functionality to their WebTrader platform.  This means if you want to trade either with sentiment or against sentiment, you can configure the alert.  Warren Buffett suggests one should “be greedy when others are fearful and fearful when others are greedy”.  Therefore you can set an alert for a trading instrument at the extremes and implement a contrary trading strategy.  Nice work from Plus500.

Company Background & Regulators

Plus500 was established in 2008 and is one of the most established brokers in the business servicing over 300,000 customer accounts.  The holding company is Plus500 PLC an FTSE 250 listed company on the London Stock Exchange.  You can rest assured that the company accounts are public and that Plus500 is regulated by the Financial Conduct Authority in the U.K.  Other offices are regulated by Cysec in Cyprus and ASIC in Australia.

Account Funding & Investor Protection

Opening a demo account is free, but to start trading you will need a minimum balance of $100.

Investor Protection

According to Plus500:

  • All client money is held in segregated client bank accounts in accordance with the Financial Conduct Authority’s client money rules
  • Plus500UK Ltd uses its own money for hedging, it does not use client money for this purpose
  • Plus500UK Ltd does not pass client money through to hedging counter-parties
  • Plus500UK Ltd does not initiate speculative positions in the market
  • Plus500UK Ltd has no exposure to corporate or sovereign debt
  • Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909)
  • Plus500UK Ltd does not invest the money of retail clients
Guaranteed Stops With Plus500
Guaranteed Stops With Plus500

Review Summary Plus500

Plus500 is a well-established market-leading Forex with one of the biggest selections of tradeable instruments including Shares, Options, ETFs, Indices and a huge selection of Forex pairs and Cryptocurrencies.  The system and platform are designed for simplicity and ease of use from the highly-rated WebTrader software.  Plus500 Ltd is listed on the main market of the London Stock Exchange and offers guaranteed stops which are essential.  This is why they are one of only 5 of our recommended brokers.  If you are looking for direct ECN market access or the MetaTrader suite, then you may want to look at VantageFX.

Open An Account With Plus500

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

[Related Article: The 5 Best International CFD Platforms Go Head To Head – Review]

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Best UK Forex Brokers Review Summary

Make your choice, are you a power trader searching for the ultimate platform, then choose Vantage FXTrade.com uniquely offers US stock and ETF trading with beneficial ownership of the assets, meaning you own the stocks and you also get a personal account manager. Admiral Markets have the highest customer satisfaction ratings and, Forex.com a UK based FTSE 250 and NYSE listed company that also provide MT4 and VPS direct exchange access servers.

Best Forex Brokers UK Comparison Table

BrokerVantage FX CFD Broker ReviewVisit Trade.comAdmiral Markets CFD Forex Broker ReviewForex.com Biggest Forex Broker in the UKplus500 CFD Broker Review & Comparison
LocationAustraliaUKEstoniaUKUK
Customer Ratings
ForexPeaceArmy Rating★★★★★★★★★★★★★★★★★
Trustpilot Stars Rating★★★★★★★★★★★★★★★
Dealing Type STP
Dealing Type ECN
No Dealing Desk / Market Execution
Market Maker
Scalping & HFT Allowed
Instruments & Leverage
Forex Pairs 40624780+74
Forex Leverage1:5001:3001:301:301:30
ForexSpread / CommissionSpread / CommissionSpread / CommissionSpread / CommissionSpread
Crypto Trading #6432813
Crypto Leverage1:21:21:5Spread1:2
Shares #1002000+40002202000
Shares Leverage1:201:101:201:31:5
Shares$6 per tradeCFD Spread or 0.05 per share$1$1 per 1,000Spread
Indices #1526191530
Indices Leverage1:2001:2001:50020:11:20
IndicesSpread / CommissionSpreadSpreadSpreadSpread
ETF #30+50084
ETF Leverage1:1001:51:5
Commodities, Bonds, Treasuries
Commodities / Futures2036+19920
Commodities Leverage1:1001:2001:5001:101:20
Bonds / Treasuries #82
Bonds Leverage1:1001:200
Automated Trading
Funding & Company Size
Minimum Balance
EUR/USD/GBP
20010020050100
Established20092013200119832008
Investor Protection
Negative Balance Protection
Guaranteed Stops
Volatility Protection
Segregated Accounts
Investor Protection $20,000 EUR20,000 EUR50,000 GBP£50,000
Regulated ByASIC AustraliaCySECFCA UK / CySec / EFSA EstoniaUK FCAFCA UK / CySec /
ASIC Australia
Parent CompanyVantage Global Prime Pty Ltd (Privately Held)Leadcapital Markets LTD- PrivateAdmiral Markets Group AS Estonia - PrivateGain Capital UK FTSE 250
NYSE:GCAP
Plus500 FTSE 250 Company
Primary Business LocationAustraliaCyprusUKUKUK
Trading Platfrom
SoftwareTrade.com Trading PlatformMarkets.com Trading PlatformAdvanced Forex.com PlatfromWebTrader
Metatrader 4✔ + VPS
MetaTrader 5
MT WebTrader
ZuluTrade
MyFXBook
Ctrader
Mam / PAMM
Mobile Software
Customer Services
Customer Support24/5 Phone, Chat, EmailPhone, Chat, Email + Dedicated Client Account ManagerPhone, Chat, Email, Multiple LanguagesChat, Phone, Email World Wide 24/7eMail & Chat
ResearchTrading Signals
Trading CentralDow Jones Newswires, Trading CentralAlerts / Trader Sentiment
Social Trading
Islamic Account
EducationForex AcademyMany Online CoursesSeminars, WebinarsYes
Twitter Followers4,50070020,000135,00090,000
Best FX CFD Brokers UK Comparison Table. Leverage Varies & Maximum Leverages Apply to Professional Accounts - Check With Broker For Details

CFD Risk Notice ESMA & FCA Risk Warning - "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts may lose money when trading CFDs with any provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk"

We thoroughly background check the brokers we recommend and only list reputable trustworthy companies.  Read our tips to perform your own background checks, and test a broker after you sign up. You can perform your own check easilly. LiberatedStockTrader.com accepts no responsibility for your experience with any broker.

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