UK trader looking for a FX broker

[JoWa11]

Iv finally seen the light with respects to trading FX so need a broker, I already have an IG account but will need another broker I’m sure soon enough.

Any recommendations greatly appreciated?

 

[BenFoXX]

Hi

I'm based in the south of England and I just recently (couple of weeks ago) opened a new account with eightcap (eightcap.com).

Initially I just opened my account because I didn't want leverage to be limited by EU regulation as eightcap is regulated in Australia only. Meanwhile I can only recommend eightcap . Excellent and swift customer service. Payout to Card arrives next working day in UK bank account. Market access (no Forex market maker) and with a small fee inter bank rates (from 0.0 pips EUR/USD, AUD/USD, NZD/USD). Super fast execution...
The broker does not really offer a good news feed, but I think that's something up to the traders anyway.

 

[JoWa11]

Hi

I'm based in the south of England and I just recently (couple of weeks ago) opened a new account with eightcap (eightcap.com).

Initially I just opened my account because I didn't want leverage to be limited by EU regulation as eightcap is regulated in Australia only. Meanwhile I can only recommend eightcap . Excellent and swift customer service. Payout to Card arrives next working day in UK bank account. Market access (no Forex market maker) and with a small fee inter bank rates (from 0.0 pips EUR/USD, AUD/USD, NZD/USD). Super fast execution...
The broker does not really offer a good news feed, but I think that's something up to the traders anyway.

Thanks, I will check them out

 

[DarrO]

FCA vs. ASIC

EU licenced Forex Brokers have leverage 30:1 maximum due to ESMA regulations ... you can also check Australian brokers which are regulated by ASIC and have higher leverage...but if you are a newbie...maybe better to use the lower lev.
You can check if the broker has good service here: https://www.forexpeacearmy.com/forex-reviews/forex-brokers

 

[venusmann]

You may choose broker that is regulated by good Forex Regulatory Bodies.
-FCA
-ASIC
-IIROC
-CySec
-NFA

 

[Kevin FD]

according to me , when looking for a broker should focus on their trading environment first of all , should choose the broker which is more appropriate to the concept of trading that will be used , if love doing should choose the broker which allows trading concept such as this.

 

[Henow1969]

You may choose broker that is regulated by good Forex Regulatory Bodies.
-FCA
-ASIC
-IIROC
-CySec
-NFA

Great list

 

[HeavLeighGill]

Did you ever find a broker? If not, be sure to check out online reviews before signing up with someone.

 

[Farm Yard Forex]

Plenty of decent ones to choose from that are UK based but also there are some decent options offshore both regulated and unregulated if you want to go down that route. Just make sure you research them well.