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

InterTrader Direct

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

ETX Capital

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

CMC Markets

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

Core Spreads

Cloud trade fixed, MT4 variable from 0.6 pts 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

24option

Variable 400 24 £500
Y
yes
Y
yes
Apply

Saxo Capital Markets

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

Spreadex

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

Selftrade

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

TD Waterhouse

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

FP Markets

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

NatWest

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

FxPro

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

Internaxx

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

Accendo Markets

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

XTB

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

GFT

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

Barclays

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

Moneycorp Markets

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

London Capital Group

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

Tradefair

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

Forex.com

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


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: US jobless figures finally hit a fresh low

The four-week moving average of weekly US jobless claims fell to 207,000, the lowest level in nearly 50 years. John Stepek looks at the chart as well as all of the others that matter most to investors.

Bitcoin has been bouncing – but is the bear market really behind us?

Bitcoin has been on the up over the past few months. So, is that it for the bear market, and what does the future hold for the cryptocurrency? Dominic Frisby investigates.

The charts that matter: have recession rumours been overstated?

With the “yield curve” bouncing back nicely, does that mean the risk of a recession is receding? To find out, John Stepek looks to the charts that matter most to the global economy.