Forex education

Best UK Forex Brokers & Forex Trading Platforms Compared

Best Forex Trading Platforms for Beginners

Forex brokers like Saxo Markets and Interactive Brokers offer DMA currency trading through currency futures. There are a couple of FX ETFs to trade that track GBP, EUR and USD, but there are no OTC options markets, nor can you trade on exchange futures with DMA.

  • Forex traders also get many advanced features for decision-making, auto trading feature, and technical analysis.
  • Moreover, the ticket design is quite simple and traders can add limits and stops and check the depth of pricing, also the financial markets trends.
  • However, some stocks favored by day traders are not so readily available for short selling.
  • In simple terms, it is someone who provides Forex investors with access to the Forex market so that they can buy and sell currency pairs.
  • Registered and regulated in Cyprus, Plus500 also has localized offices in the UK and most other European countries.

The best forex brokers are regulated and supervised by a local or international authority. Without regulations, forex brokers can do as they please and this may result in some very unpleasant issues for you as a trader.


NAGA is authorised and regulated by the Cyprus Securities and Exchange Commission and the Financial Conduct Authority . There are heated discussions about the best approach, but I recommend reading about trading psychology and Forex trading strategies suitable for beginners as first steps. The subsequent topics to study are fundamental and technical analysis.

What is the safest forex broker?

Winner: IG

Trust: Founded in 1974, IG is publicly traded (LON: IGG) and regulated in six tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading. All jurisdictions considered, we ranked IG as the most trusted forex and CFDs broker for our 2023 Annual Awards.

The investment options are huge and the costs are reasonable. IG is a serious trading platform, and very well established. You can also trade in multiple currencies with Fineco, saving you cash in currency-coversion fees when compared to other brokers. He is an organized and creative thinking sales management professional with experience in outside and inside sales in various markets.

eToro: A simple forex trading interface and the ability to control your leverage

But one, of the key benefits of Spreadex’s forex trading platform, is customer service. They have experienced dealers, that you can quickly get through on the phone, or via the platform’s chat functionality, plus voice brokerage. The ability to trade forex over the phone is something that few brokers offer nowadays, so it’s good to know that you still can, if you need to. Interactive Brokers is by far the most advanced forex broker we feature if you need it to be.

Best Forex Trading Platforms for Beginners

The article is checked by our editorial team, Which includes entrepreneurs who are painfully aware of how overwhelming and challenging it is to start a business for the first time. Then you’ll need to check that they offer the assets you’re considering trading. Easy to use and intuitive forex trading platform

A Forex broker is an intermediary who helps to connect Forex traders with the forex market. In simple terms, it is someone who provides Forex investors with access to the Forex market so that they can buy and sell currency pairs. Forex brokers can be banks, financial institutions, or retail companies that offer Forex trading services to their clients.

Best Forex Trading Platforms for Beginners

The web-based Zacks Trader offers interactive charts, streaming market data and other tools. Trade Best Forex Trading Platforms for Beginners sizes under or over 100,000 are charged on a pro rata basis with a minimum of $0.01 per trade.

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