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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

4.4/5
88Trust
76Fees
86Tools
84Mobile
UK/EU active tradersCFD and spread-betting users
Min deposit
$0
Pricing
Spreads + commissions (shares); overnight financing on leverage.
Demo account
Yes
Regulation
FCA

Large, listed, well-regulated

Leveraged products are high-risk

4.4/5
86Trust
78Fees
88Tools
84Mobile
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

Award-winning platform

Leveraged products are high-risk

4.3/5
82Trust
84Fees
84Tools
82Mobile
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

Tight raw spreads

Leveraged CFDs are high-risk

4.3/5
84Trust
78Fees
82Tools
82Mobile
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

Available to US forex traders

CFDs are high-risk (UK/EU only)

OANDA

Forex

4.1/5
84Trust
78Fees
80Tools
80Mobile
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

Strong regulatory footprint

CFDs are high-risk (UK/EU only)

Plus500

Forex

3.7/5
82Trust
70Fees
66Tools
84Mobile
UK/EU CFD beginnersSimple-platform seekers
Min deposit
$100
Pricing
Spreads + overnight funding; inactivity/FX fees.
Demo account
Yes
Regulation
FCA, CySEC

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.