The best brokers
On this page we have given a summary of the brokers in order to help you make a decision. It is recommended that you read through the details of broker types first in order to help with your decision. You can click on the brokers logo to read more about the broker and watch demonstration videos.
Broker
Strengths and Weaknesses
+ Ideal for modest accounts
+AI Trader/ Algo compatible
+ Good for swing trading
+ MT4 platform available (Micro account)
+ Higher leverage (If you use the link we provide 200:1)
+ Tight fixed spreads (CoreTrader platform) Tight variable spreads (MT4)
+ Fast execution
– Based in South Africa (Money is however kept in London bank)
– You can lose more than your deposit
+ MT4 Platform available
+Spread betting account available
+ Spreads as low as zero with CFD razor account
+ Spreads low even on cross pairs such as EUR/NZD just 1.7 pips on Razor account
+ Fast Execution
+ Allow Algo/ AI trading on MT4
+ Great for day trading and swings
– The charts on both platforms are quite basic
– Low leverage due to FCA regulations
Best for day trading
+ Good for day trading fast execution
+ The only exchange broker
+ Ideal for larger accounts (minimum £2K through our link – normally £10K)
+ Great charts with the Web based version
+ MT4 accounts available (Hedging available)
+ Very low spread on Bitcoin
– You cannot hedge on the web based account
– Leverage based on MIFID rules 33.3:1
– Swaps relatively high even with Ezeetrader deal
Best for swing trading
+ Good for day trading and swing trading
+ Good spreads on popular currencies
+ Over 1500 global markets
+ Great trading platform with loads of tools
+ Good customer service
– Spreads on major crosses are fine for swing trading but can be high for day trading
– Leverage based on MIFID rules 33.3:1
+ MT4 not available
+ Over 40,000 instruments on one platform
+ Professional looking trading platform
+ Suitable for only larger accounts (£50K+)
+ Saxo is a bank acting as a market maker with direct market access
– Minimum fixed commissions not suitable for small positions
– No MT4 offering
– Leverage based on MIFID rules 33.3:1