Forex broker UK

Choose the best UK forex broker

UK and more specifically London have a unique position in the forex market. London is considered the financial centre of the world and is at par with New York in every respect. When it comes to forex trading, you can even say that London is the hub. Trading in London accounts for over 35% of the total daily forex market turnover of $4T, making London by far the most important global center for foreign exchange trading. In second and third places, respectively, trading in New York City accounted for 17.9%, and Tokyo accounted for 6.2%.

Online forex trading is still quite new and there are scams you want to avoid. FSA regulated brokers are among the safest to deal with because F.S.A. requires that client assets be separated from the assets of the company. So in the case of fraud or bankruptcy, your account will be immune to the claims of creditors. Moreover, through a British forex broker UK traders can take advantage of forex strategies such as hedging, and higher leverage than what is allowed in the United States.


List of top UK forex brokers

Regulator: FSA
Leverage: 200:1
Min. Deposit: $100
Spread: 1.5 pips* 		$2,000
Max. First
Deposit Bonus
Regulator: FSA
Leverage: 400:1
Min. Deposit: $100
Spread: 3 pips 		$1,200
Max. First
Deposit Bonus
Regulator: NFA
Leverage: 50:1
Min. Deposit: $250
Spread: 1.6 pips* 		$250
Min. Deposit
Via Our Site
Regulator: NFA
Leverage: 50:1
Min. Deposit: $300
Spread: 1 pip* 		$300
Min. Deposit
Via Our Site

The Financial Services Authority (FSA) regulates the forex brokers in UK. The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. Given below are the statutory objectives that FSA must fulfill

  • market confidence
  • financial stability
  • consumer protection
  • reduction of financial crime

For more details visit Financial Services Authority (FSA) website.

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