When choosing a uk forex brokers list, it’s important to take a number of factors into consideration, including regulatory status, trading platform features and educational resources. A reputable forex broker will also offer robust customer support through multiple channels. This includes live chat, email and phone support during UK trading hours.

Traders should also consider the trading conditions offered by a forex broker, such as commissions and spreads. Ideally, a forex broker should offer competitive trading fees and a reliable, cutting-edge trading platform. In addition, it should provide a wide range of currency pairs to trade. Finally, it’s essential to choose a forex broker that is regulated by the Financial Conduct Authority (FCA) in the UK. Regulated brokers adhere to a set of rules that protect traders’ funds.

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FCA-regulated forex brokers in the UK are required to keep customer funds in segregated accounts that are separate from their own funds, and they must verify identity and report suspicious activity. Additionally, these brokers must abide by anti-money laundering and know your client (KYC) regulations.

One of the most popular forex brokers in the UK is IG, which offers competitive spreads and 24/5 customer support. Its mobile app lets traders trade on the go, and it provides a variety of educational tools and technical analysis for beginner traders. The UK-based broker also offers a free demo account, as well as a range of investment products, such as equities and commodities. Traders can also benefit from its spread betting offering, which is exempt from capital gains taxes and stamp duty.