// BROKER GUIDE

Brokers We Actually Use.

Every broker on this page is one we've personally traded with. No hype, no fake reviews. We may earn a referral fee — but that never influences our honest feedback.

DISCLOSURE: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67-84% of retail investor accounts lose money.

IG Markets

The gold standard for UK spread betting and CFDs

FCA Regulated

Min Deposit

£0

Spreads From

0.6 pips

Platforms

4

Category

Stocks

Core Strengths

  • Founded in 1974 (London)
  • FCA regulated & FTSE 250 listed
  • Massive range of 17,000+ markets

Trade-offs

  • Share dealing fees can be higher
  • Interface takes time to master

Supported Software

IG PlatformMT4ProRealTimeL2 Dealer

Interactive Brokers

The gold standard for serious multi-asset traders

FCA Regulated

Min Deposit

£0

Spreads From

0.1 pips

Platforms

3

Category

Institutional

Core Strengths

  • Lowest commissions
  • Near-infinite asset list
  • Institutional tools

Trade-offs

  • Very complex software
  • Inactive account fees may apply

Supported Software

TWSIBKR MobileClient Portal

Trading 212

Best commission-free platform for UK investors

FCA Regulated

Min Deposit

£1

Spreads From

Dynamic

Platforms

2

Category

Beginner

Core Strengths

  • Zero commission
  • Cleanest UI in the industry
  • Easy ISA accounts

Trade-offs

  • Limited technical tools
  • Customer support can be slow

Supported Software

T212 AppWeb Platform

Pepperstone

Our top pick for dedicated Forex traders

FCA Regulated

Min Deposit

£200

Spreads From

0.0 pips (Razor)

Platforms

4

Category

Forex

Core Strengths

  • Ultra-low spreads
  • Superior cTrader support
  • Lightning-fast execution

Trade-offs

  • Forex/CFD focused only
  • No direct share ownership

Supported Software

cTraderMT4MT5TradingView

eToro

Best for social trading and copy trading

FCA Regulated

Min Deposit

$100

Spreads From

1.0 pips

Platforms

2

Category

Beginner

Core Strengths

  • Social trading community
  • Zero commission stocks
  • User-friendly

Trade-offs

  • Higher spreads on forex
  • Withdrawal fees apply

Supported Software

eToro PlatformMobile App

XTB

Solid all-rounder with a powerful proprietary platform

FCA Regulated

Min Deposit

£0

Spreads From

0.5 pips

Platforms

2

Category

Global

Core Strengths

  • Superior platform (xStation)
  • No commission on stocks
  • Excellent support

Trade-offs

  • No MT4/MT5 support
  • Limited crypto range for UK

Supported Software

xStation 5xStation Mobile

CMC Markets

UK pioneer with professional-grade charting

FCA Regulated

Min Deposit

£0

Spreads From

0.7 pips

Platforms

2

Category

Stocks

Core Strengths

  • Incredible charting
  • Thousands of markets
  • UK listed company

Trade-offs

  • Platform can be overwhelming
  • Higher costs for small accounts

Supported Software

Next GenerationMT4

Plus500

Clean, simple mobile-first CFD trading

FCA Regulated

Min Deposit

£100

Spreads From

Dynamic

Platforms

2

Category

Beginner

Core Strengths

  • Easiest UI for mobile
  • Fast onboarding
  • Publicly listed company

Trade-offs

  • CFD only (no dividends)
  • Limited technical indicators

Supported Software

Plus500 WebMobile App

Complete Matrix.

Full feature comparison of institutional gateways.

Broker NameRegulationMin DepositSpread (avg)CategoryLink
IG Markets🇬🇧 FCA Authorised£00.6 pipsStocksVisit →
Interactive Brokers🇬🇧 FCA Authorised£00.1 pipsInstitutionalVisit →
Trading 212🇬🇧 FCA Authorised£1DynamicBeginnerVisit →
Pepperstone🇬🇧 FCA Authorised£2000.0 pips (Razor)ForexVisit →
eToro🇬🇧 FCA Authorised$1001.0 pipsBeginnerVisit →
XTB🇬🇧 FCA Authorised£00.5 pipsGlobalVisit →
CMC Markets🇬🇧 FCA Authorised£00.7 pipsStocksVisit →
Plus500🇬🇧 FCA Authorised£100DynamicBeginnerVisit →