The top forex brokers uk are those that offer competitive spreads, a range of trading instruments, price alerts, and 24/5 customer support. In addition, some of them offer a demo account to allow traders to test their strategies with paper money before investing real funds.

Choosing the right broker is important because it determines how much you can profit from trading. To select a good broker, you should consider the following factors:

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First, make sure your forex or CFD broker is regulated by the FCA. This is important because it ensures that the company follows strict regulations and is committed to fairness and transparency. To check a forex broker’s regulation, look at the bottom of the home page for a discloser text and then compare it with the FCA website register to confirm that the broker is regulated in the UK.

One of the best forex brokers in the UK is IG, which offers competitive spreads and a wide range of trading instruments. In addition, the broker provides its customers with trading signals and alerts, market news and a trading podcast, and has a dedicated algorithmic trading team. IG also has an extensive library of educational resources and is available on multiple platforms. It charges low fees and offers a demo account. Moreover, it does not charge inactivity or deposit fees, making it a great option for traders. It is also a member of the London Stock Exchange and the Financial Conduct Authority (FCA). This means that it has a high level of security.