Forex trading

Looking for a competitive FX (forex) trading account?

We’ve compiled a table of the leading forex trading providers. Here you can easily compare the different offers, and apply for a forex trading account right away.

Company Spread Avg spread Leverage ratio 1: Trade min Account min 24 Hour trading Demo account Apply

Core Spreads

Cloud trade fixed, MT4 variable from 0.7 100 0.01 £0
Y
yes
Y
yes
Apply

City Index

Fixed 1 point 20:1 to 400:1 25p £0
Y
yes
Y
yes
Apply

InterTrader Direct

InterTrader copmany logo
variable 1 pip 100 1 contract £1,000
Y
yes
Y
yes
Apply

Saxo Capital Markets

Variable 1 - 5 pips 200 £10,000 £5,000
Y
yes
Y
yes
Apply

24option

Variable 400 24 £500
Y
yes
Y
yes
Apply

Spreadex

Fixed 2 - 5 pips 100 1 contract £0
Y
yes
N
no
Apply

CMC Markets

Variable 0.9 (EUR/USD) 200 0.01 units £0
Y
yes
Y
yes
Apply

ETX Capital

Variable 0.6 pips 200 £0.10 £100
Y
yes
Y
yes
Apply

RBS

Variable 2 - 5 pips 200 £10,000 £200
Y
yes
N
no

NatWest

Variable 2 - 5 pips 200 £10,000 £200
Y
yes
Y
yes

Accendo Markets

Variable 1 - 5 pips 100 1 contract £1,000
Y
yes
Y
yes

Internaxx

Variable 1 - 5 pips 10 1 contract £0
N
no
Y
yes

FxPro

Variable 0-3 pips 500 £1,000 £100
Y
yes
Y
yes

GFT

Variable 1 - 5 pips 400 1 contract £120
Y
yes
Y
yes

Moneycorp Markets

Variable 3 - 4 pips 100 £100,000 £10,000
N
no
Y
yes

FP Markets

Variable 1 - 3 pips 100 £10,000 £1,000
Y
yes
Y
yes

Selftrade

Variable 2 - 6 pips 10 1 contract £0
Y
yes
Y
yes

Tradefair

Variable 2 - 5 pips 200 1 contract £0
Y
yes
Y
yes

Barclays

Variable 2 - 5 pips 100 £50,000 £5,000
Y
yes
N
no

London Capital Group

Floating starts from 0.6 1:300 1 contract £0
Y
yes
Y
yes

TD Waterhouse

Variable 2 - 5 pips 200 1 contract £0
N
no
N
no

Forex.com

Variable 1.3 - 2 pips 400 £1,000 £250
Y
yes
Y
yes

eTorro

Fixed 2 - 5 pips 400 £2 £35
Y
yes
Y
yes

XTB

Fixed & Variable 0 - 2.8 pips 100 £10,000 £500
Y
yes
Y
yes


Beginner's guide to the currency markets

In this video tutorial, Tim Bennett explains the key features of one of the biggest markets in the world – foreign exchange – including the influences affecting an exchange rate, and what currency 'pairs' are and how to trade them.

Forex trading explained

Most investors only deal in currencies when they're about to go on holiday. But they could be missing a chance to profit from the most liquid market around – the currency market. Tim Bennett explains how.

Fast and furious: how to play currencies

Sooner or later many spread betters are tempted by foreign exchange, or forex. It's fast, furious and at banks all over the world vast sums are won and lost in a matter of seconds. Here's how to play it.

The charts that matter: the market is on the turn

The volatility in global markets has continued this week. John Stepek looks to the charts that matter to get an idea of just what’s going on.

Why it’s worth holding a bit of gold in your portfolio

Global equities are almost in bear market territory. We don’t know what will happen next. But that’s exactly why you should have some gold, says John Stepek.

How Brexit will hit sterling

Matthew Partridge talks to currency expert Jeremy Thomson-Cook about how Britain leaving the EU could affect sterling and other currencies.