Discover the best online FX trading apps for beginners in the UK. To run forex trading platforms in the UK, all FX brokers need to be authorized by the FCA (Financial Conduct Authority). Of course, these FCA-regulated platforms provide reassurance to beginners with unique support – including fund segregation, negative balance protection, and financial compensations. As a reputed platform, Brokerage Today recommends all UK residents to choose FCA-regulated forex brokers to start their trading journey. You can also follow FCA online to see the latest brokerage platforms accepting UK-based traders. Keep reading for top online FX trading platforms in the UK for beginners.
Forex.com
Forex.com is a top-rated FX trading platform in the UK accepting beginners. Regulated in multiple jurisdictions, Forex.com supports a well-monitored environment for traders of all levels. Beginners like you can leverage Forex.com’s learning center to access advanced educational content – ideal for starting your online trading journey. Additionally, Forex.com supports advanced trading platforms with lightning-fast execution for FX trading. This UK-based broker also offers 24-hour live support to address and resolve all your queries. Indeed, begin your journey with Forex.com as your online FX trading platform in UK.
Pepperstone UK
Pepperstone UK is another trusted FX trading platform in UK for beginners. While trading in the UK, get access to four top-rated trading platforms with Pepperstone – including TradingView, MetaTrader 5, MetaTrader 4, and cTrader. With competitive spreads starting from 0.1 pips, Pepperstone positions itself as a reputed forex trading platform in the country. Additionally, read the full Pepperstone review to understand any additional transaction costs – including deposits or withdrawal charges. There’s also support for the full MetaTrader suite – allowing beginners to start online trading with MT4 and MT5 platforms. Definitely, start online trading with Pepperstone – a reliable forex brokerage platform in UK.
IG.com
IG.com is one of the best online FX brokerage platforms in UK for beginner retail traders. In addition to global jurisdictions, IG.com is also licensed with FCA to support services in the UK. Right off the start, you get access to IG’s in-house trading signals, news platform, and podcast to familiarize yourself with FX market. You can choose between CFD or spread-based FX trading for 80 unique, major, and exotic currency pairs – with a fixed 1:30 leverage. Notably, you can contact 24/5 UK-based native customer support from IG’s team to resolve any queries. Indeed, choose IG.com as a trusted FX trading platform in the UK for beginners.
AvaTrade
AvaTrade is a trusted FX brokerage platform in the UK to start online trading as a beginner. A popular choice among beginners looking for user-friendly platforms – AvaTrade forex trading platform supports a wide range of functions for FX trading. You can explore the AvaTrade platforms for FX and CDF trading to enhance your trading experience. You can access live indicators, detailed charts, 1,000 unique instruments, and competitive fees. In fact, UK-based clients can begin FX trading for commissions starting from 0.9 pips for major currency pairs. Keep in mind, you’ll find limited educational resources with AvaTrade. Leverage tools like copy trading for beginners to copy skilled, experienced professionals and run automated trades. Plus, the offered 100% welcome bonus can reduce your trading costs in the beginning. AvaTrade’s got recent regulatory approval from the Financial Superintendence of Colombia (SFC). Definitely, AvaTrade is among the reputed FX trading platforms in the UK for beginners.
eToro
Finally, eToro is another popular online forex trading platform in UK. eToro broker review reveals that is well-known for simple social-copy trading platforms across the world – including the United Kingdom. Of course, FCA regulations will provide you the assurance to start CFD forex trading with a trusted platform. If you are a beginner, you can connect with an experienced trading community – with mirroring services to copy trades from successful investors. Over time, you’ll also receive exclusive bonuses for each profitable trade – incentivizing your efforts. Indeed, begin online forex trading with eToro brokerage platform in the UK.
There are multiple online FX trading platforms in the UK for beginners. Consider Forex.com for an advanced learning center with unique educational content for beginners. Pepperstone UK is one of the trusted lowest-spread forex brokers for beginners – supporting multiple trading platforms. To start online trading in the United Kingdom, you can also select IG.com to choose between spread-based or CFD trading for FX currency pairs. AvaTrade is another trusted forex broker supporting over 1,000 financial instruments. Finally, choose eToro if you want to start your career as a copy trader and mirror profitable positions from experienced traders. Follow the points above to learn more about the best online FX trading platforms in UK for beginners.