Top 10 Online Trading Brokers UK

    • Advertiser Disclosure i
    • Min Deposit i
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    • Free No Deposit Promotion i
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    • Features We Like i
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    • Rating
    • Risk Warning i
    • 1
      Plus500
      9.9 Our Score
      • Promotions: 

        £25 Welcome Bonus
        T&Cs apply

        • Up to 30% First Deposit Bonus T&Cs Apply
        • Unlimited FREE Demo Account
        • CFDs on Stocks from 20 Countries
        • Profit/Loss Limits
    • 2
      Xtrade
      9.3 Our Score
      • Promotions: 

        Free £20
        No Deposit Required

        • Award Winning Broker
        • Up to £6000 First Deposit Bonus
        • No Commission
        • #1 Mobile Trading App
    • 3
      Trade.com
      8.9 Our Score
      • Promotions: 

        Free £25
        No Deposit Required – T&Cs Apply

        • 10% Welcome Bonus
        • No Commission
        • Low Spreads
        • Free Demo Account £10,000
    • 4
      AvaTrade
      8.5 Our Score
      • Promotions: 

        None

        • Up to £7,500 Welcome Bonus
        • No Exchange Fees
        • Trade Long or Short
    • 5
      EasyMarkets
      8.3 Our Score
      • Promotions: 

        None

        • Up to £2000 Welcome Bonus*
        • No Commissions or Sneaky Fees
        • Free Guaranteed STOP LOSS
    • 6
      Markets.com
      7.9 Our Score
      • Promotions: 

        Free £25
        No Deposit Required  T&Cs Apply

        • No Fees or Commission
        • Tight Spreads
        • Sophisticated Trading Tools
    • 7
      UFX
      7.3 Our Score
      • Promotions: 

        Free £20
        No Deposit Bonus

        • 100% CashBack Bonus*
        • No Commission
        • Earn UFX Rewards
    • Advertiser Disclosure i
    • Free No Deposit Promotion
    • Features We Like
    • Rating
    • Risk Warning i
    • Plus500
      1
    • £25 Welcome Bonus
      T&Cs apply

      Get Deal
      • Up to 30% First Deposit Bonus T&Cs Apply
      • Unlimited FREE Demo Account
      • CFDs on Stocks from 20 Countries
      • Profit/Loss Limits
    • 9.9
      Read a Review
    • Visit Site
    • Xtrade
      2
    • Free £20
      No Deposit Required

      Get Deal
      • Award Winning Broker
      • Up to £6000 First Deposit Bonus
      • No Commission
      • #1 Mobile Trading App
    • 9.3
      Read a Review
    • Visit Site
    • Trade.com
      3
    • Free £25
      No Deposit Required – T&Cs Apply

      Get Deal
      • 10% Welcome Bonus
      • No Commission
      • Low Spreads
      • Free Demo Account £10,000
    • 8.9
      Read a Review
    • Visit Site
    • AvaTrade
      4
    • None

      • Up to £7,500 Welcome Bonus
      • No Exchange Fees
      • Trade Long or Short
    • 8.5
      Read a Review
    • Visit Site
    • EasyMarkets
      5
    • None

      Get Deal
      • Up to £2000 Welcome Bonus*
      • No Commissions or Sneaky Fees
      • Free Guaranteed STOP LOSS
    • 8.3
      Read a Review
    • Visit Site
    • Markets.com
      6
    • Free £25
      No Deposit Required  T&Cs Apply

      Get Deal
      • No Fees or Commission
      • Tight Spreads
      • Sophisticated Trading Tools
    • 7.9
      Read a Review
    • Visit Site
    • UFX
      7
    • Free £20
      No Deposit Bonus

      Get Deal
      • 100% CashBack Bonus*
      • No Commission
      • Earn UFX Rewards
    • 7.3
      Read a Review
    • Visit Site

* Individual Brokers T&Cs Apply

Risk Warning: Trading Forex, Commodities, Options, and CFDs are a high-risk activity and you may lose more than your initial deposit.
Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk.

Advertiser Disclosure: TopBrokers.Trade is an independent specialized comparison site funded from the referral fees from the sites that it promotes. TopBrokers.Trade receives compensation from the brokers sites and advertisements it features. Thanks to this compensation, we can provide you a free comparison tool. TopBrokers.Trade is not able to display and feature information about all the available broker sites or broker site offers.


How to Choose an Online Trading Broker

 

There is a wide selection of online brokers to choose from, as almost all full-service and discount brokers offer online services. Primarily online brokers were sought out by experienced frequent traders looking to trade with immediate results; for those who like to buy and sell often. Now that we have so much information at our fingertips, online broker services have become increasingly popular for all types of traders. Many online brokers offer a large number tradeable assets, with no transaction fees, but will vary on the number provided. Be sure to check for hidden fees, including balance fees or infrequent usage fees. 

 

With plenty of options available these days for online trading brokers in the UK, making the decision on who to use can be quite a complicated task. This guide will give you a few key points to keep in mind to help you make a more informed decision on who will be the best broker for your needs.

 

Regulation: 

Each country has a regulatory body which assures the rules and regulations are followed to help protect and maintain the integrity of the market, investors, traders, and the brokers as well. These regulatory bodies enable members to meet regulatory responsibilities, such as the Financial Conduct Authority (FCA) in the UK. Because of potential safety concerns in regards to your deposits, you should make sure that all of your trading accounts are opened with regulated brokerage firms.

 

Customer Support:

For beginners, it is best that before choosing an online trading broker, you find out how good their customer support is. For your security, you will want to be able to reach their support team quickly and get the help you need without long wait times. Many brokerages offer 24/7 customer support via live online chat or local UK phone number.

 

Withdrawals: 

Be sure to look at wait times for withdrawal of funds, some fx brokers have long waiting periods, which can be an issue. Many online trading brokers have fees for withdrawing remaining balances, so be sure to look at what each trading broker charges for withdrawals.

 

Account Types:
Depending on what type of trading account you are interested in, you will need to know which options are available from each of your potential brokers. While some online trading brokers offer a broad range of accounts, others may only have a single account type available. Be sure to see if the broker offers accounts specific for beginners or advanced traders.

 

Platform Types:
It is best to know what your platform requirements are with regards to your online trading broker. For example, if you intend on conducting the majority of your trading on-the-go, look for an online trading broker with an intuitive mobile platform.

 

Interest Rates:
An online trading broker should be able to provide you all the necessary information about interest rates and fees. Although there isn’t always a great difference in the interest rates between online trading brokers, it is something to be still take into account when choosing the best fx broker for you.

 

Tradeable Assets:
When selecting a brokerage, most people are thinking about buying stocks. However, keep in mind there are also many investment alternatives that are not offered by every company. This includes Forex (FX), CFDs, indices, futures, options as well as gold/silver certificates.