FCA register checked
Forex brokers UK: check any broker on the FCA register
All UK forex brokers must have FCA authorisation. Select a broker to check its register listing, see which clone firms copy it and learn the share of retail accounts that lose money.
1.3500
▲ +0.66% on 3 Nov 2026
30 daily fixes, 24 Sep 2026 to 4 Nov 2026 · as of 4 Nov 2026
- 12
- FCA authorised
- 13
- brokers compared
- 50
- clone firms flagged
- 70%
- average retail accounts losing money
UK forex brokers side by side
ActivTradesSpread betting8.6/100.5 pipstypicalNone statedforexNot statedMT4MetaTrader 4MT5MetaTrader 5TVTradingViewOwn platform or appAuthorisedFRN 434413 · since 27 Oct 200569%
Spread betting8.5/10Not statedNone£20MT4MetaTrader 4MT5MetaTrader 5TVTradingViewOwn platform or appAuthorisedFRN 793714 · since 26 Oct 201865%
Spread betting8.6/100.0 pipsfromNoneFX Active: 0.0025%Not statedMT4MetaTrader 4TVTradingViewOwn platform or appAuthorisedFRN 173730 · since 1 Dec 200169%
8.3/100.005% per trademinimumNot stated£50Own platform or appAuthorisedFRN 583263 · since 9 May 201355%
Spread betting8.9/10Not statedNoneRaw+: $3.5/lot/sideNo minimumMT4MetaTrader 4MT5MetaTrader 5cTcTraderTVTradingViewOwn platform or appAuthorisedFRN 509956 · since 10 Sep 201075%
5.9/10Not statedNot statedNot statedMT4MetaTrader 4MT5MetaTrader 5cTcTraderTVTradingViewCancelledFRN 827935 · since 11 Dec 2023Not published
Spread betting8.9/100.6 pipsminimumNoneShares: 0.10%£250MT4MetaTrader 4MT5MetaTrader 5TVTradingViewOwn platform or appAuthorisedFRN 114059 · since 1 Dec 200170%
Spread betting9.1/100.0 pipsminimumNoneRazor: from £2.25/lot/side£10MT4MetaTrader 4MT5MetaTrader 5cTcTraderTVTradingViewOwn platform or appAuthorisedFRN 684312 · since 5 Aug 201573.6%
7.8/10Not statedNot statedNot statedOwn platform or appAuthorisedFRN 509909 · since 29 Jun 201076%
Spread betting8.4/100.6 pipsfromNone statedpay via the spread£5TVTradingViewOwn platform or appAuthorisedFRN 190941 · since 1 Dec 200164%
7.4/10Not statedFree£10Own platform or appAuthorisedFRN 609146 · since 1 Oct 201475%
Spread betting8.0/101.4 pipsfromNoneRAW: from $1/lot/side$50MT4MetaTrader 4MT5MetaTrader 5TVTradingViewOwn platform or appAuthorisedFRN 590299 · since 1 Jul 201372.65%
7.9/10Not statedNot statedNo minimumOwn platform or appAuthorisedFRN 522157 · since 17 Jan 201174%
Side by side
This list stays in alphabetical order until you sort it and isn't a ranking. Each broker's own spreads, deposits and loss figures are shown, along with the date we read them. How we make money.
How the score is worked out
Scores out of 10 average up to seven categories. Each category is marked 0 to 10 using figures the broker publishes or that the FCA register holds. Regulation covers authorised status, years on the register and clone firms. Costs use the lowest published EUR/USD spread. Entry cost covers the minimum deposit. Platforms counts how many are offered. Protection covers negative balance protection and the share of losing accounts each broker reports. Funding covers deposit methods plus free withdrawals. App and support covers the iPhone rating, demo account and support channels.). We leave out any category without a published figure instead of marking it down. It reflects data rather than a recommendation, and the list stays alphabetical until you sort it.
What the brokers publish, charted
- CMC Markets0.0
- Pepperstone0.0
- ActivTrades0.5
- IG0.6
- Spreadex0.6
- Vantage1.4
- eToro55%
- Spreadex64%
- Capital.com65%
- ActivTrades69%
- CMC Markets69%
- IG70%
- Vantage72.65%
- Pepperstone73.6%
- XTB74%
- FxPro75%
- Trading 21275%
- Plus50076%
- FxProNone
- XTBNone
- Spreadex£5
- Pepperstone£10
- Trading 212£10
- Capital.com£20
- eToro£50
- Vantage£50
- IG£250
- Plus50012
- XTB9
- eToro5
- Spreadex4
- Trading 2124
- Vantage4
- FxPro3
- Pepperstone3
- ActivTrades2
- CMC Markets2
- Capital.com1
- IC Markets1
- IG0
UK caps on position size per pound of margin, and the margin each needs
| Market | Max leverage | Margin needed | To hold a £10,000 position |
|---|---|---|---|
| Major currency pairs | 30:1 | 3.33% | £333 |
| Minor currency pairs | 20:1 | 5% | £500 |
| Gold | 20:1 | 5% | £500 |
| Major stock indices | 20:1 | 5% | £500 |
| Other commodities and minor indices | 10:1 | 10% | £1,000 |
| Shares and ETFs | 5:1 | 20% | £2,000 |
For retail CFDs, the FCA caps position size at between 30:1 and 2:1 of margin. Source: FCA PS19/18, read 2 Nov 2026. Why 1:500 brokers are not UK brokers
Deposits and withdrawals
| Broker | Bank transfer | Debit or credit card | PayPal | Wallets and Pay | Withdrawal fee |
|---|---|---|---|---|---|
| ActivTrades | – | Not stated | |||
| Capital.com | – | – | – | – | Free |
| CMC Markets | – | Free | |||
| eToro | – | – | Free | ||
| FxPro | – | – | Free | ||
| IC Markets | – | – | – | – | Not stated |
| IG | – | – | Free | ||
| Pepperstone | – | Free | |||
| Plus500 | Free | ||||
| Spreadex | – | Free | |||
| Trading 212 | – | Free | |||
| Vantage | – | – | – | – | Not stated |
| XTB | – | – | Free |
Platforms
| Broker | MT4 | MT5 | cTrader | TradingView | Own app |
|---|---|---|---|---|---|
| ActivTrades | – | ||||
| Capital.com | – | ||||
| CMC Markets | – | – | |||
| eToro | – | – | – | – | |
| FxPro | |||||
| IC Markets | – | ||||
| IG | – | ||||
| Pepperstone | |||||
| Plus500 | – | – | – | – | |
| Spreadex | – | – | – | ||
| Trading 212 | – | – | – | – | |
| Vantage | – | ||||
| XTB | – | – | – | – |
Guides and explainers
Spread betting vs CFDSpread betting vs CFD tradingSpread bets are outside Capital Gains Tax; CFDs are inside it but losses can be offset. How tax, stamp duty, costs and sizing differ in the UK.Read the guide
TaxForex trading tax in the UKForex CFD profits are usually subject to Capital Gains Tax; spread betting profits usually are not. The HMRC rules, rates and allowance.Read the guide
FCA rulesHigh leverage forex brokers and the UK 30:1 capUK retail clients are capped at 30:1 on major currency pairs. What the FCA limits are, who can get more, and why 1:500 means an offshore firm.Read the guide
FCA registerFCA regulated forex brokersEvery forex and CFD broker we hold, checked on the FCA register: UK entity, FRN, status, date authorised and how many clone firms copy its name.Read the guide
Clone firmsIs forex trading legal in the UK?Yes. Forex trading is legal in the UK, and firms offering it to retail clients must be authorised by the FCA. How to check a firm and spot a scam.Read the guide
Market hoursForex market hours in UK timeThe forex market runs from Sunday night to Friday night UK time. Session times in GMT and BST, the overlaps and the clock-change weeks.Read the guide
ExplainerWhat is spread betting?A spread bet is a bet in pounds per point on whether a price rises or falls. A worked UK example, the costs, the margin and the risks.Read the guide
PlatformscTrader vs MT5How cTrader and MetaTrader 5 differ on pricing display, order types, automation and which FCA brokers offer each platform.Read the guide