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Category

Forex & CFD Brokers

Trade currencies and CFDs. Legal for UK/EU retail with leverage caps and negative-balance protection; banned for US retail.

Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.

IG

Forex

4.1
out of 5
UK/EU active tradersCFD and spread-betting users
Min deposit
$0
Pricing
Spreads + commissions (shares); overnight financing on leverage.
Demo account
Yes
Regulation
FCA
88Trust
76Fees
74Ease
84Mobile

Large, listed, well-regulated

Leveraged products are high-risk

4.1
out of 5
UK/EU CFD & spread-betting tradersAdvanced platform users
Min deposit
$0
Pricing
Spreads + commission on share CFDs; financing on leverage.
Demo account
Yes
Regulation
FCA
86Trust
78Fees
74Ease
84Mobile

Award-winning platform

Leveraged products are high-risk

4.1
out of 5
Active forex/CFD tradersMT4/MT5 and cTrader users
Min deposit
$0
Pricing
Raw spread + commission or spread-only; financing on leveraged positions.
Demo account
Yes
Regulation
FCA, CySEC
82Trust
84Fees
76Ease
82Mobile

Tight raw spreads

Leveraged CFDs are high-risk

4.1
out of 5
US forex tradersUK/EU forex & CFD traders
Min deposit
$100
Pricing
Spreads or commission + raw spread; financing on leverage.
Demo account
Yes
Regulation
NFA, CFTC
84Trust
78Fees
76Ease
82Mobile

Available to US forex traders

CFDs are high-risk (UK/EU only)

OANDA

Forex

4.0
out of 5
Forex tradersUK/EU CFD traders
Min deposit
$0
Pricing
Spreads or core pricing + commission; overnight financing on leveraged positions.
Demo account
Yes
Regulation
NFA, CFTC
84Trust
78Fees
76Ease
80Mobile

Strong regulatory footprint

CFDs are high-risk (UK/EU only)

Plus500

Forex

3.8
out of 5
UK/EU CFD beginnersSimple-platform seekers
Min deposit
$100
Pricing
Spreads + overnight funding; inactivity/FX fees.
Demo account
Yes
Regulation
FCA, CySEC
82Trust
70Fees
84Ease
84Mobile

Listed and well-regulated

CFDs only (high-risk)

Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.

Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.

Leverage, volatility, fees, spreads, liquidity and platform rules can increase losses.