Trading forex is a high risk activity and you may end up losing more than your initial deposit. Make sure you understand the risks before you open an account. It is a type of online investment that lets you predict if the value of one currency will grow or fall against another, e. If you predict correctly, you could make a profit. You need to choose an online forex platform to open an account with, then you can add money to it and start making trades. This comparison shows forex companies that offer an online trading platform.
To help you find the best platform, check:. This is the difference between the buy and sell price of a currency pair, and is measured in pips. You only make a profit if your forex trade moves by more than the size of the spread. The currency pairs you can trade: This comparison shows a selection of currency pairs each platform lets you trade. Visit each website to explore the different currency pairs offered.
Each type lets you manage your trades online at any time, but you can only make forex trades between 5pm on Sunday until 4pm on Friday each week. Some charge for cash withdrawals or for leaving your account inactive for over a year. Check each company's terms before opening an account. Check the terms before you apply. Yes, all UK based forex trading companies are regulated by the Financial Conduct Authority , which means they cannot mislead or scam you.
Yes, but only if the company offers a mobile app. You still need to open an account online and add money before you can forex trade on an app. We include online forex trading platforms from our panel. Here is more information about how our website works. We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services.
Find out more here. We don't sell your personal information, in fact you can use our site without giving it to us. If you do share your details with us, we promise to keep them safe. Our data experts check the companies we list are legit and we only add them to our comparisons when we're happy they've satisfied our screening.
Our website is completely free for you to use but we may receive a commission from some of the companies we feature. How our site works. Our registered address is: We are classed as a credit broker for consumer credit, not a lender.
Show me featured products first. Losses can exceed deposits. Tight fixed spreads and low margins. Welcome bonus offers and TradeBack loyalty rebate. Losses may exceed deposits. To open a spread betting account you will need to open a fxTrade account first. Spreads start from 0. City Index Forex Trading Account. City Index has over 30 years' of industry experience and provides 24 hour access to variable spreads on major, minor and exotic currency pairs.
CFDs are a leveraged product and can result in the loss of your entire deposit. Open a trading account with up to 1: Losses can exceed initial investment.
Spread Co Spread Betting. Trade with a Great British Broker with 0. Core Spreads Forex Trading. Low spreads from 0. Spreadex Financial Spread Betting Account. Formax Prime Capital is an Agency only broker. Authorised and Regulated by the Financial Conduct Authority. Losses can exceed deposit. Authorized and Regulated by the Financial Conduct Authority. CFD trading is high risk. What is online forex trading?
Here is more information on forex trading. Here is how to start forex trading. Do forex trading companies charge fees? Do I pay tax when forex trading? How much do I need to open a forex trading account? Is forex trading regulated? Can I forex trade through a mobile app? Who do we include in this comparison? How do we make money from our comparison? You do not pay any extra and the deal you get is not affected. Why check with us?
We don't sell your data We don't sell your personal information, in fact you can use our site without giving it to us. We check out every company we list Our data experts check the companies we list are legit and we only add them to our comparisons when we're happy they've satisfied our screening.
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