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Best Forex & CFD Brokers (2026)

Ranking is not affected by commissions

For UK/EU traders, the best forex/CFD brokers combine tight spreads, strong regulation and good platforms. Note: CFDs are banned for US retail traders, and leveraged trading is high-risk.

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.

Scores are based on our review methodology. Affiliate relationships do not buy higher ratings.

  1. 1Our top pick

    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

    Read ReviewVisit Platform
  2. 2#2 pick
    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

    Read ReviewVisit Platform
  3. 3#3 pick
    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

    Read ReviewVisit Platform
  4. 4#4 pick
    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)

    Read ReviewVisit Platform
  5. 5#5 pick

    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)

    Read ReviewVisit Platform
  6. 6#6 pick

    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)

    Read ReviewVisit Platform

How to choose

Regulation and protections first

Favour FCA/ESMA-regulated brokers with negative-balance protection and, where applicable, FSCS eligibility.

Compare true trading cost

Raw spread + commission vs spread-only pricing, plus overnight financing on leveraged positions.

Match platform support

Check for MT4/MT5, cTrader or TradingView support if you rely on a specific platform.

What to watch out for

  • CFDs are prohibited for US retail traders.
  • The majority of retail CFD accounts lose money — leverage cuts both ways.
  • ESMA/FCA leverage caps and negative-balance protection apply to UK/EU retail.

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.