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

Spreadex

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

Finspreads

Variable 2 - 5 pips 20 £0.50 £0
Y
yes
Y
yes
Apply

ETX Capital

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

InterTrader Direct

variable 1 pip 100 1 contract £1,000
Y
yes
Y
yes
Apply

CMC Markets

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

TD Waterhouse

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

XTB

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

NatWest

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

Forex.com

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

Moneycorp Markets

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

RBS

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

eTorro

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

London Capital Group

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

FP Markets

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

Tradefair

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

Accendo Markets

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

Barclays

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

Selftrade

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

Internaxx

Variable 1 - 5 pips 10 1 contract £0
N
no
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 pound looks cheap – but will it get even cheaper?

While the dollar surges, UK politics are making things decidedly tricky for the pound, which looks remarkably cheap right now. Dominic Frisby looks at what the future holds for sterling.

Which should you buy – bitcoin or bitcoin cash?

Dominic Frisby weighs up the relative merits of bitcoin and its upstart offshoot bitcoin cash, explains how to get into cryptocurrencies, and which one you should buy.

Britain should woo bitcoin boosters

The City is missing a trick, says Matthew Lynn. London is the natural home for the growing cryptocurrency industry.