Risk warning: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly. Most retail investor accounts lose money when trading CFDs. Consider whether you can afford to take that risk.

Most Trusted Forex Brokers for 2026

Not financial advice. Our rankings and reviews are for general information only and are not a recommendation to open an account or to trade. Forex and CFDs are high-risk; consider independent advice and whether you can afford to lose your money.

Brokers authorised by at least one tier-1 regulator, such as the FCA, ASIC or BaFin, ranked by our trust and regulation score.

How we ranked them: We only rank brokers authorised by the UK's Financial Conduct Authority (FCA). Only brokers with at least one tier-1 regulator, ranked by our trust and regulation score, then by overall score. Our methodology.

IG

Overall best all-rounder

FCA-authorised

4.7
Trust score
5.0 / 5
Regulators
6 incl. tier-1
Min deposit
£0
  • No account, platform or inactivity fees
  • Decades-long history, parent listed on the LSE

69% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

Interactive Brokers

Professionals and large accounts

FCA-authorised

4.6
Trust score
5.0 / 5
Regulators
6 incl. tier-1
Min deposit
£0
  • Near-interbank forex pricing with low commission
  • Access to 170 market centres worldwide

57.9% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

CMC Markets

Charting and technical analysis

FCA-authorised

4.6
Trust score
4.9 / 5
Regulators
5 incl. tier-1
Min deposit
£0
  • Advanced charting with pattern recognition
  • 21,000+ instruments including ~300 FX pairs

68% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

Saxo

Multi-asset investors

FCA-authorised

4.6
Trust score
4.9 / 5
Regulators
5 incl. tier-1
Min deposit
£0
  • Superb in-house platforms
  • Enormous multi-asset product range

60% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

OANDA

US traders and beginners

FCA-authorised

4.4
Trust score
4.9 / 5
Regulators
5 incl. tier-1
Min deposit
£0
  • No minimum deposit or withdrawal fees
  • Spread betting and CFDs on MT4, MT5 and TradingView

76.6% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

Pepperstone

Active traders wanting top-tier regulation

FCA-authorised

4.7
Trust score
4.8 / 5
Regulators
7 incl. tier-1
Min deposit
£0
  • Razor account: raw spreads plus low fixed commission
  • Five platforms including TradingView and cTrader

72.9% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

FOREX.com

Wide choice of currency pairs

FCA-authorised

4.4
Trust score
4.8 / 5
Regulators
5 incl. tier-1
Min deposit
£100
  • 80+ currency pairs
  • Part of publicly listed StoneX group

74% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

FxPro

Platform choice under FCA regulation

FCA-authorised

4.5
Trust score
4.7 / 5
Regulators
4 incl. tier-1
Min deposit
£0
  • FCA-regulated since 2010, with FSCS membership and negative balance protection
  • Wide platform choice: MT4, MT5, cTrader, TradingView and its own FxPro platform

79% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

Axi

MT4 traders wanting strong regulation

FCA-authorised

4.4
Trust score
4.6 / 5
Regulators
4 incl. tier-1
Min deposit
£0
  • No required minimum deposit; free card, PayPal and bank deposits
  • Raw-spread Pro account

66.36% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

XTB

Beginners wanting a great app

FCA-authorised

4.5
Trust score
4.5 / 5
Regulators
4 incl. tier-1
Min deposit
£0
  • Award-winning xStation platform
  • Strong education library

74% of retail investor accounts lose money when trading CFDs with this provider. We may earn a commission if you open an account.

How we make money: some links on this page are affiliate links. If you open an account through them we may earn a commission, at no extra cost to you. This never affects our ratings, which follow our published methodology.