How to Choose a Broker in the UK

In the UK, we are lucky to have some of the best-regulated brokers in the world. But not every broker is right for every strategy. This is your checklist for choosing a partner.

Verify FCA Regulation

Check the FCA Register. If they aren't on there, do not give them your money. It's that simple.

Compare Total Cost of Trade

Don't just look at spreads. Look at overnight financing fees (swaps), withdrawal fees, and inactivity fees.

Common Mistakes to Avoid

/Choosing a broker based on a "deposit bonus" (which are banned in the UK)
/Ignoring the quality of the mobile app

The Drawdown Way

We have pre-vetted the top UK brokers so you don't have to.

Compare Brokers

Questions & Answers.

Are offshore brokers safe?

Generally, no. You lose the protection of the FSCS and the oversight of the FCA. We do not recommend offshore brokers for UK residents.

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