As all other financial services firms in the UK, UK-based low spread forex brokers are regulated by the Financial Conduct Authority (FCA). This is a reputable regulator with long experience in overseeing the financial sector, and traders can therefore expect that all forex brokers operating in the UK will honor their obligations.
Although the UK is home to both good and not-so-good forex brokers, many of them do offer very low spreads and otherwise advantageous trading conditions. However, it is also worth pointing out that brokers based outside of Europe may sometimes offer even better combinations of low spreads and high leverage, mainly due to new regulations introduced by the European Securities and Markets Authority (ESMA), which also applies to low spread forex brokers in the UK.
FxOpen (2005)
Leverage: up to 1:500 *
Deposit: from 1 USD
Spreads:
CityIndex (1983)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
Darwinex (2012)
Leverage: up to 1:30
Deposit: from 500 USD
Spreads:
IG Markets (1974)
Leverage: up to 1:200 *
Deposit: from 300 USD
Spreads:
TickMill (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
Admiral Markets (2001)
Leverage: up to 1:1000 *
Deposit: from 200 USD
Spreads:
Z.com Trade (2011)
Leverage: up to 1:30
Deposit: from 50 USD
Spreads:
Exness (2008)
Leverage: up to 1:2000 *
Deposit: from 1 USD
Spreads:
Axi (2007)
Leverage: up to 1:500 *
Deposit: from 1 USD
Spreads:
CoreSpreads (2014)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads:
CMC Markets (1989)
Leverage: up to 1:500 *
Deposit: from 200 USD
Spreads:
Vipro Markets (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
Plus500 (2008)
Leverage: up to 1:300
Deposit: from 100 USD
Spreads:
Finotec (2007)
Leverage: up to 1:30
Deposit: from 200 USD
Spreads:
Price Markets (2013)
Leverage: up to 1:30
Deposit: from 500 USD
Spreads:
Saxo Bank (1992)
Leverage: up to 1:30
Deposit: from 2000 USD
Spreads:
Pepperstone (2010)
Leverage: up to 1:200
Deposit: from 200 AUD
Spreads:
Think Markets (2010)
Leverage: up to 1:500 *
Deposit: from 5 USD
Spreads:
Infinox (2009)
Leverage: up to 1:1000
Deposit: from 50 USD
Spreads:
VantageFX (2009)
Leverage: up to 1:500
Deposit: from 200 USD
Spreads:
iForex (2012)
Leverage: up to 1:400 *
Deposit: from 100 USD
Spreads:
ETX Capital (1965)
Leverage: up to 1:30
Deposit: from 100 USD
Spreads:
ForexVox (2020)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Trade Nation (2019)
Leverage: up to 1:200
Deposit: from 10 USD
Spreads:
ZFX (2017)
Leverage: up to 1:2000
Deposit: from 50 USD
Spreads:
CWG Markets (2018)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
Varianse (2015)
Leverage: up to 1:500
Deposit: from 500 USD
Spreads:
CXM Direct (2015)
Leverage: up to 1:2000
Deposit: from 10 USD
Spreads:
One Financial Markets (2007)
Leverage: up to 1:30
Deposit: from 250 USD
Spreads:
Taurex (2017)
Leverage: up to 1:1000 *
Deposit: from 100 USD
Spreads:
EBC Financial Group (2022)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
CPT Markets (2010)
Leverage: up to 1:1000
Deposit: from 20 USD
Spreads:
GTCFX (2012)
Leverage: up to 1:2000
Deposit: from 10 USD
Spreads:
Global Markets Group (2015)
Leverage: up to 1:30
Deposit: from 100 GBP
Spreads: