FCA-verified · Independent ratings · Updated weekly

Side by side

Compare UK forex brokers, feature by feature

Every FCA-regulated broker we cover, lined up on the metrics that actually decide which account you should fund next. There are 500 head-to-head pairings published, and each one opens a full comparison page with desk-tested spreads, pros and cons, pillar-by-pillar scoring and an editorial winner.

The research desk funds and trades every broker on this leaderboard with real capital across a sixty-day evaluation window. Nothing here is influenced by commercial arrangements, and every fact is cross-referenced against the FCA register before publication.

Spreads are sampled every fifteen minutes through the Asian, London and New York sessions, commission and overnight financing are added on top, execution is timed in milliseconds through scheduled data releases, and a withdrawal is requested and received before any comparison is allowed to publish.
Editor's pick, #1 of 2026★★★★★4.9
IG logo

IG, Best Broker 2026

FCA regulated, FSCS £85K, since 1974

Rated 4.9 out of 5 after live-account testing by the desk.

Min spread

0.6 pips

Min deposit

£0

Regulator

FCA

Best for

Deepest UK market coverage

  • FCA authorised and on the public register
  • Client money segregated, FSCS cover to £85,000
  • Web, MT4, ProRealTime
  • Retail leverage capped at 1:30

CFDs are complex instruments. Your capital is at risk.

On this page

How to use the Marketpedia compare tool

This page is the compare tool for FCA-regulated UK brokers. The hero carries the editor's first pick because most readers arrive already halfway to a shortlist and want a quick sanity check against a name they know. Below it sit the featured head-to-head cards covering the match-ups UK traders search for most often.

Under those cards is the full comparison table, ranking the leading FCA firms against nine metrics with a review link in every row. After the table comes the pairings grid: 48 match-ups on this page, with the remaining 452 one click away on the full index, so whether your shortlist is XTB against Plus500 or Interactive Brokers against Saxo you can jump straight into the dedicated page.

Every dedicated pair page is a full editorial document: a side-by-side data table, a worked monthly cost example on a realistic trade size, per-broker pros and cons, the four checks our desk runs and a verdict that names a winner rather than sitting on the fence.

How our comparison scoring works

Four pillars, applied to every broker on every pair page

The same weighted framework decides every score on the site, so a rating on one page means the same thing as a rating on another. Nothing is adjusted after the fact to suit a commercial relationship.

Regulation & safety30%

FCA authorisation checked against the public register, segregation of client money, FSCS eligibility, ownership and the most recent audited accounts.

Pricing & execution30%

Spreads sampled every fifteen minutes through the London session, commission and overnight financing added on top, slippage measured across a thousand live market orders.

Platforms & tools20%

Platform depth, order types, charting, mobile experience, API access and how well third-party tools such as TradingView actually behave in practice.

Service & support20%

Onboarding speed, the time a real withdrawal took from our funded account, quality of research and how quickly a human answers a hard question.

Full comparison table

Every leading FCA-regulated UK broker we cover

Scan the metric that matters most to your style, then open the full review straight from the row. Costs shown are the tightest published starting point; our pair pages add commission and financing on top.

#BrokerRatingMin. depositSpread fromPlatformsFCAAction
1IG logoIGEditor's PickDeepest UK market coverage★★★★★4.9£0From 0.6 pipsWeb, MT4, ProRealTimeTrade NowReview
2CMC Markets logoCMC MarketsBest-in-class chartingBest-in-class charting★★★★★4.9£0From 0.7 pipsNext Generation, MT4Trade NowReview
3Pepperstone logoPepperstoneLowest all-in FX costLowest all-in FX cost★★★★★4.9£0From 0.0 pipsMT4, MT5, cTrader, TradingViewTrade NowReview
4Interactive Brokers logoInteractive BrokersGlobal multi-asset accessGlobal multi-asset access★★★★★4.8£0From 0.2 pipsTWS, IBKR Desktop, APITrade NowReview
5Saxo logoSaxoInstitutional-grade platformInstitutional-grade platform★★★★★4.8£0From 0.6 pipsSaxoTraderGO, PROTrade NowReview
6XTB logoXTBCleanest proprietary platformCleanest proprietary platform★★★★★4.8£0From 0.5 pipsxStation 5Trade NowReview
7Spreadex logoSpreadexStrong UK service deskStrong UK service desk★★★★★4.7£0From 0.6 pipsWeb, mobileTrade NowReview
8City Index logoCity IndexBalanced all-rounderBalanced all-rounder★★★★★4.7£100From 0.5 pipsWeb Trader, MT4, TradingViewTrade NowReview
9FOREX.com UK logoFOREX.com UKDeep FX researchDeep FX research★★★★★4.7£100From 0.4 pipsMT4, MT5, TradingViewTrade NowReview
10Tickmill UK logoTickmill UKRaw spreads, low commissionRaw spreads, low commission★★★★★4.7£100From 0.0 pipsMT4, MT5Trade NowReview
11ActivTrades logoActivTradesFast, reliable executionFast, reliable execution★★★★★4.6£0From 0.5 pipsActivTrader, MT4, MT5Trade NowReview
12Admirals UK logoAdmirals UKGreat educational libraryGreat educational library★★★★★4.6£100From 0.5 pipsMT4, MT5Trade NowReview
All pairings, all brokers

Every possible head-to-head, 500 match-ups

We publish a dedicated pair page for every combination of brokers on the leaderboard, so you can open the exact comparison you need. The 48 most-read pairings are below; click any card to open the full editorial pair page.

452 further match-ups are indexed on the full pairings page.

Click here to view all 500 comparisons

How to read a broker comparison table

What a professional desk actually looks at

Section 1

All-in cost, not the headline spread

Most tables publish one number for spread and stop there. A desk looks through it to the effective all-in cost: half the spread, plus commission, plus overnight financing on anything held past 22:00, plus conversion charges on trades not denominated in sterling. Two FCA-regulated firms quoting the same headline number can still be thirty per cent apart once financing and conversion are added back.

Section 2

Execution quality beats a tight print

A tight spread that slips two pips on a stop costs more than a wider spread that fills where it prints. Across our sixty-day windows the largest FCA firms fill inside the tolerance you would expect from a tier-one venue. Slippage starts to bite at the smaller and offshore-adjacent names, which is exactly why they are not on this page.

Section 3

Regulation is the non-negotiable filter

Everything listed here is authorised in the UK, holds client money in segregated accounts and offers FSCS protection up to £85,000 on eligible claims. Offshore entities do not appear regardless of the rebate on offer. If a firm is not on the register, it does not belong on a UK ranking table.

Section 4

The comparison that matters is yours

The question is never which broker is cheapest in the abstract, it is which broker is cheapest for the way you actually trade. A weekly swing trader pays financing a scalper never sees; a scalper pays commission a swing trader never notices. Use the featured cards and the pairings grid to filter on the pillar that matches your style before you fund anything.

Risk warning

Between 69% and 82% of retail investor accounts lose money trading CFDs and spread bets. Leveraged products carry a high risk of losing money rapidly and are not suitable for every investor. Past performance is not a reliable indicator of future results.

This comparison tool is built to make broker due diligence faster, not to replace it. Verify current pricing, margin and product terms directly with the firm before you fund an account.

Explore the cluster

More broker rankings and guides

Worldwide rankings, comparisons and market-wide broker lists. Every page below is built the same way as this one: a ranked shortlist drawn from our funded-account testing, an all-in cost breakdown that adds spread, commission and overnight financing together, a plain-English note on which regulated entity would hold your money, and the questions readers ask us most. Pick the page that matches how you actually intend to trade rather than the one with the biggest number in the title.

148 pages in this cluster · updated as our testing rotates

View every guide