If you are from the UK and want to choose the best broker for you, here are the top 10 UK Forex brokers to choose from。

In short, forex can be defined as a network of buyers and sellers who buy and sell currencies to another currency at an agreed price.。Forex traders are not just individuals, but also companies and central banks that convert one currency into another.。

Retail forex traders used to trade through brokers, acting as an intermediary between traders and financial markets, there are many brokers in the world for you to choose from。You can judge by its regulators, features, fees, etc. If you are from the UK, here is a list of several of the best brokers regulated in the UK。

Here are the UK Forex brokers selected based on FCA licensing, available trading platforms and low spreads。

1. OANDA

For traders looking for a precision broker, OANDA can be an option because OANDA is a broker that offers 5-digit accuracy quotes and active price movements that follow market developments, and the broker's orders are executed faster.。

It provides benefits for novice traders because they can use a calculation system based on currency value for smaller trading volumes, which is different from other brokers that use lot systems。

OANDA was founded in 1996 by Dr. Michael Stumm, Lecturer in Computer Engineering at the University of Toronto, Canada, and colleagues at The Olsen Ltd, one of the leading econometric research institutes..Co-founded by Dr. Richard Olsen and headquartered in San Francisco, USA。

OANDA branches can be found everywhere, some in the UK, Singapore, Japan and Canada。With the distribution of the number of offices, OANDA increasingly attracts the attention of global customers。

OANDA's companies are registered in a number of well-known jurisdictions in the field of financial transactions and are regulated by the US CFTC and NFA, the UK FCA, and ASIC Australia.。Traders no longer need to worry about security when trading at OANDA, and these advantages make OANDA's trading rules more stringent than other brokers。

For example, OANDA only allows a maximum leverage of 1: 20 because U.S. and Japanese regulations do not allow higher leverage than that。In addition, the registration process will be more complicated as other forex brokers do not have various additional requirements。Please note that OANDA does not allow hedging in the same trading account, so another account must be opened。

Nevertheless, OANDA is known as a leading broker and offers many advantages。OANDA faces greater market risk during periods of price volatility, such as economic and political news announcements。When market spreads increase or decrease, the pricing engine expands or reduces spreads accordingly。In this way, traders can be more quickly updated on market price movements。

Especially when news releases have a significant impact on market volatility, prices in the market can move very quickly。Brokers often serve their clients by re-quoting at this time, however traders do not have to worry about additional fees when trading with OANDA。

OANDA never withdraws re-quotes, so traders get maximum profit。When traders cannot monitor open positions, they can set take profit orders to lock in profits and stop loss orders to help prevent further losses。

As an experienced and well-known online forex broker, OANDA is committed to maintaining an efficient trading environment, reducing latency and providing tools to help clients manage acceptable slippage。

With OANDA's fast and reliable platform, trading is possible at 0.Execute in 012 seconds, suitable for traders who prefer execution speed。

As a result of this thoughtful service, OANDA has won many awards, including the world's best retail foreign exchange platform award in the prestigious e-FX awards, and was also ranked first in terms of consistency, execution speed and platform reliability in executing transactions on quote。

There are no minimum deposit or minimum balance requirements for opening an OANDA account。OANDA offers multiple payment methods, including Paypal, wire transfer, credit and debit cards, which traders can adjust to the region they live in。

OANDA offers more than 100 trading instruments, including 71 currency pairs, 16 indices, 8 commodities (Brent, copper, corn, natural gas, soybeans, sugar, etc.), 6 bonds and 23 metals.。

The fxTrade and MetaTrader platforms are available on OANDA for desktop and mobile devices and have OANDA technical analysis services in collaboration with Autochartist technical analysis providers。

With these platforms, customers can more easily monitor price movements and automatically identify patterns created on charts and receive notifications when waiting patterns appear. The technology is free to try。

In short, OANDA is the ideal broker backed by years of experience, fast execution, and is a good choice for those looking for a broker with good regulation and flexible trading and deposit conditions.。

OANDA was the first broker licensed by the FCA, a forex firm that originated in Canada and offered low spreads as low as EUR / USD 1..2 points, easy to deposit and withdraw, provide multiple payment methods, such as Paypal, debit card or credit card。

Broker	Oanda
FCA Licensing	FCA (Financial Conduct Authority) No: 542574
Trading platform	MT4, TradingView, WebTrader
Spread	0.1 point
Deposits	$40 per million dollar turnover

2.Tracker Securities

Tracker Securities is a direct market access broker that provides execution, clearing, settlement and primary brokerage services to clients.。Since Thomas Peterffy was founded 41 years ago, the company has grown internally to become one of the leading securities firms with more than $7 billion in equity.。

The firm was initially recognised as a popular broker for senior traders and launched a second tier service called IBKR Lite for more casual investors in 2019.。

IBKR Lite serves more than 125 market destinations worldwide and provides direct access (online) to trade execution and clearing services for institutional and professional traders, including equities, options, futures, forex, fixed income and funds.。

Headquartered in Greenwich, Connecticut, it employs more than 1,400 people at companies in the United States, Switzerland, Canada, Hong Kong, the United Kingdom, Australia, Hungary, Russia, Japan, India, China and Estonia; IBKR is regulated by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Financial Conduct Authority (FCA) and is registered with the New York Stock Exchange (NYSE).。

Tracker offers a wide range of product-centric tools, such as Options Traders and Probability Labs for simplifying unilateral and complex multilateral options trading, FXTrader for forex trading, mutual fund / ETF replicators for helping traders find lower-cost ETF alternatives, and fixed-income screeners for corporate and institutional bonds.。Overall, the trading of Interflow Securities will receive the most useful and updated tools to maximize trading and investment objectives.。

As a popular and regulated broker in the United States, Interactive Brokers has won some awards.。Recently, they were named the Best Online Broker of 2019 by Barron's Weekly, categorised as the best broker for mobile, international and frequent traders.。In addition, they received the Best Performing Broker Award from the Preqin Service Provider and the Best Holistic Broker Award from Investopedia (Best Low Cost, Best International Trade, Best Options Trade, Best Day Trade and Best Penny Stock).。Since 2005, Tracker has won many awards for the best service it provides to its clients.。

In order to optimize the trading speed and efficiency of its clients, IntruShield offers a number of powerful trading platform suites, as follows.

• Customer Portal
  One-stop destination for checking quotes and making trades, viewing account balances, profit and loss, as well as key performance indicators, funds and reports。
  Desktop trading platform
  Flagship platform designed for active traders and investors who trade multiple products and need power and flexibility。By opening an account with and using the platform, traders can take advantage of state-of-the-art algorithms and trading tools, as well as a library of tools and asset-based trading layouts for optimal customization.。
  Mobile IBKR TWS
  The mobile version of IBKR TWS is designed for traders who want to easily trade and monitor their IBKR account from an iOS or Android device (tablet or smartphone)。
  IBoT
  IBoT is a bot for finding information and placing orders in the customer's own words, available on desktop TWS, mobile IBKR and client。
  IBKR Online Traders
  IBKR WebTrader is designed for traders and investors who prefer a simplified interface。
  IBKR API or IBKR Pro
  The trading platform is designed for traders and investors who want to write trading software or automated trading programs.。

Overall, for those who want to find a reliable and regulated broker to trade, Tracker Securities has always been a good choice.。Tracker Securities provides a large number of trading platforms, committed to providing the best service for novices and professionals, suitable for the needs of each customer。

Interactive Brokers is a financial services company that leverages the Electronic Communications Network (ECN) market structure to provide low-cost and best-executed advanced technologies and has direct market access to stocks, options, futures, foreign exchange, fixed income and ETFs.。

Broker	Tracker Securities
FCA Licensing	FCA (Financial Conduct Authority) No: 208159
Trading platform	Trader Workstation, Client Portal, IKBR Event Trader, Mobile Trading
Spread	Fixed
Deposits	(Starting price) $0 per share

3.city index

Founded in the UK in 1983, the broker is ideal for new mid-level traders looking for excellent research, solid education, reliable customer service, and multiple tools and MT4, mobile applications, etc.。

Broker	city index
FCA Licensing	FCA (Financial Conduct Authority) No: 446717
Trading platform	MT4
Spread	0.04 points
Deposits	0.08%

4. Forex.com

FOREX, also known as FOREX.com, one of the global market leaders in the financial industry。FOREX.Founded in 2001 as part of GAIN Holdings, com is dedicated to trading forex and CFDs on a powerful trading platform and the popular MetaTrader 4。

Similar to its parent company, FOREX has been licensed by a number of financial regulators, including the U.S. Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), the U.K. Financial Conduct Authority (FCA), investment industry regulators in Canada, and the Financial Services Agency of Japan.。

For traders in Southeast Asia and the Middle East, FOREX.com has been operating under the supervision of the Cayman Islands Monetary Authority。

High-quality execution, transparency and competitive pricing per trade is FOREX.One of the most optimized services in com。As of the third quarter of 2019, the broker's total assets amounted to 12.$8.8 billion, with total customer assets of 8.$49.8 billion。

FOREX.Com provides customers with the best freedom to trade in more than 300 global markets, including more than 80 foreign exchange currency pairs, more than 220 stocks, indices, commodities and cryptocurrencies。The spread of each asset is in FOREX..In real time on the official website of com, the spread of EUR / USD is as low as 0.8 o'clock。

For trading platforms, FOREX.com offers two main options: its internal platform and MetaTrader 4。Both types can be used on a variety of devices and can be accessed as web-based platforms and mobile applications。In addition, FOREX.com's proprietary platform is equipped with advanced charting tools, such as more than 70 technical indicators, a large number of time intervals, multiple chart types, more than 50 drawing tools and customization functions。

FOREX.com's trading offers a variety of trading conditions to meet the needs of many types of traders。In addition to the service, FOREX also provides guidance and support in the form of real-time trading signals and analysis tools from Autochartist and Recognia, as well as trained market strategists who work with them to develop trading plans and market analysis to keep customers informed of FOREX..Real-time market insights and actionable trading ideas from the com research team。

Account capital injections and withdrawals can be made by bank transfer.。However, no further details on the minimum amount for each process are available.。FOREX.Com also does not seem to offer other payment options such as credit cards or even electronic payments.。

In general, according to its regulations and its long history since 2001, FOREX.com is a reliable Forex and CFD broker。Customers can do this at FOREX.Trade on the com platform or MetaTrader 4 and enjoy competitive spreads and pricing。Nevertheless, FOREX.com remains one of the top brokers in the brokerage industry, complying with the strict rules of renowned financial regulators。

Some of its trading conditions may not be suitable for less experienced or less funded retail traders。Nevertheless, FOREX.com still has one of the most well-developed packages in the field of financial transactions。

Founded in 2001, the broker provides a powerful trading platform for new traders and professionals, and provides Forex and metals trading through award-winning trading platforms, low spreads, high-quality execution, powerful trading tools and 24-hour real-time support。

Broker	Forex.com
FCA Licensing	FCA (Financial Conduct Authority) No: 446717
Trading platform	MT4,MT5
Spread	0.2
Deposits	✔️

5. FXCM

FXCM (Forex Capital Markets) is the brand name of a retail broker that trades in the financial markets, especially the Forex market。The broker was founded in 1999 and was originally based in the United States.。After a series of client lawsuits and the settlement of the case by the US regulator (CFTC), FXCM moved out of the US to become a UK-based broker, authorised and regulated by the UK Financial Conduct Authority (registration number 217689).。

Flow pricing from liquidity providers enhances execution through FastMatch electronic communications network to support trading with FXCM。

FXCM works with a number of global banks, financial institutions and other market makers as its liquidity provider, including Barclays, Citadel Securities, Citibank, Deutsche Bank, FASTMATCH, XTX Markets Limited, UBS, Morgan Stanley, Commerzbank and Jefferies Financial Services。

This in turn enables FXCM to provide customers with fast trade execution, competitive spreads, low negative slippage, no re-quotes, no stop / limit limits, and up to 89% of orders are executed at the required price or better.。

For trading platforms, FXCM is known for its proprietary product called "Trading Station." The web page display of the latest version of the platform is said to be built in Mac-friendly HTML5, with a range of trading tools, such as comprehensive news, economic calendar, FXCM's top trading tools, social trading capabilities through FXCM Cloud, customized trading analysis, automated strategies, and advanced charts for better analysis。For flexible traders who like to trade anytime, anywhere, FXCM also offers a mobile trading station for iOS and Android users.。

However, the company's internal platform is not the only option for customers, and FXCM also offers customers who are more familiar with MetaQuote products the option of using MetaTrader 4.。In addition, customers with a strong interest in the replication trading scheme beyond the broker can also visit ZuluTrade。

FXCM does not classify account types based on minimum deposits, instead opting to offer trading accounts based on trading instruments。For forex traders, the broker offers active traders and institutional accounts。

Active Trader is the ultimate account type for retail traders with two-tier pricing。Tier 1 has a minimum deposit of $25,000, a transaction volume of $1 million, and a commission of $30; while Tier 2 does not have details of the deposit requirements, but provides better fee conditions, and the spreads of both levels are from 0.From 2 o'clock。

Institutional accounts, also known as FXCM Pro, are sold as wholesale execution and liquidity solutions for retail brokers, hedge funds and emerging market banks.。This account offers 0.1 point trading spread and other competitive advantages such as API solutions and prime brokerage services。

For non-forex traders, FXCM offers CFD trading accounts with spread costs as low as 0.37 points (XAU Gold Oz / USD USD) and offers a variety of asset classes such as precious metals, soft commodities and indices.。

Finally, FXCM also offers a series of in-depth articles to help traders understand and gain insight into the Forex market.。Trading tools such as FXCM Plus, market scanners, trading signals and technical levels are also developed to support traders who open accounts with FXCM。

In summary, FXCM is an experienced retail broker with plenty of "ammunition" to help traders provide the best execution, pricing and tools。It is a well-regulated broker with a long history in the financial markets, although it has a dark history in the US brokerage industry.。

Nevertheless, the relatively high minimum deposit standard ($25,000) makes FXCM a broker for experienced, well-managed money traders.。Not recommended for new traders with limited funds。

This broker is one of the most popular Forex trading brokerage services。Parent company Forex Capital Markets Ltd has been licensed by a number of senior regulators including the UK FCA, ASIC Australia。The company offers trading in multiple currencies, including RMB。

Broker	FXCM
FCA Licensing	FCA (Financial Conduct Authority) No: 217689
Trading platform	MT4, Trading Station, TradingView, NinjaTrader, Capitalize AI
Spread	Low
Deposits	❌

6. FxPro

Since its inception in 2006, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries and is headquartered in London, UK.。

FxPro UK Limited has been licensed and regulated by the FCA since 2010。Meanwhile, other subsidiaries, such as FxPro Financial Services Limited, have been authorized and regulated by CySEC since 2007 and by FSCA since 2015.。So traders no longer have to worry about their money。As a staunch supporter of transparency, it sets the highest security standards for client funds, as companies choose to keep their money in major international banks, completely segregated from corporate funds.。

They always strive to provide transparent and ethical practices in the global trading industry。In 2018, 74.65% of market orders are executed at the requested price, 12.8% of customer orders are executed with positive slippage。In addition, only 1 of all instant orders.4% received a re-offer, of which 0.72% received a better price at the time of execution。

FxPro's total number of transactions increases year by year。In 2018, trading volume reached 53.6 million。Based on the trust of customers, FxPro won the UK's Most Trusted Forex Brand Award 2017 from Global Brand Magazine。In addition, they became the first broker to sponsor an F1 team in 2008 and FxPro has won around 60 UK and international awards.。

They are committed to creating a dynamic environment that provides traders with all the tools they need to gain a trading experience.。Open an account with FxPro to access more than 250 CFDs across 6 asset types, including FX, equities, spot indices, futures, spot metals and spot energy。They want to provide clients with top-of-the-line liquidity and advanced trade execution without the need for trading desk intervention.。Average execution time less than 11.06 milliseconds, up to 7,000 orders per second。These advantages allow traders to benefit from tight spreads and competitive prices。

In addition, FxPro is recognized as an innovative broker。The company allows customers to enjoy a wide range of trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge。Web-based versions and mobile applications are also available so that traders can access financial markets anytime, anywhere。

Traders can choose the platform according to their needs。Traders for MT4 provide instant execution and easy-to-use trading platform。In this account, leverage is as high as 1: 500, with spreads from 1.From 6: 00, no commission。

Traders should opt for an FxPro MT5 account if they want to gain experience with more modern technologies。In this account, the spread from 1.5 start, leverage up to 1: 500, no commission。

Another type of account is FxPro cTrader。Compared to other account types, it is suitable for traders who prioritize execution speed and have the strictest spread limits。FxPro cTrader is a powerful trading platform that provides the best bid and ask prices, orders can be completed in just a few milliseconds。The platform also provides market depth and trade analysis tools, in which the spread is only from 0.From 3 o'clock。However, traders must pay a commission of $45 per $1 million of forex and metals trades (opening and closing positions).。

The main difference between MetaTrader 4, MetaTrader 5 and cTrader is the range of CFD products available。The MT4 platform provides traders with the opportunity to open positions in all 6 asset classes, while MT5 does not support stocks and cTrader does not support stocks and futures。

In addition to the above 3 types of platforms, you can also access FxPro Edge when trading in FxPro。The platform provides customers with a new way to trade the market in the form of spread betting。

Every broker has advantages and disadvantages, and FxPro is no exception。In addition to the advantages explained earlier, FxPro also has a high minimum deposit amount。In addition, FxPro does not offer many types of payment and withdrawal methods。Some types of methods even require the trader to pay a fee。However, it is still important to note that customers can trade forex, stocks, indices, metals and energy in Fxpro with a limited risk account at no additional cost。

Regardless of the pros and cons, FxPro can be one of the best brokers with advanced technology of choice for traders who are ready to trade with funds starting at $500。

Founded in 2006, the broker offers forex trading and CFDs and offers zero spreads, providing traders with useful facilities including direct login to MT4 integration。

Broker	FxPro
FCA Licensing	FCA (Financial Conduct Authority) No: 509956
Trading platform	MT4, MT5, cTrader
Spread	0.3 points
Deposits	4.$50 (Round Transaction)

7. IG Markets

IG Markets is an online trading provider with decades of experience in the financial markets。Founded in 1974, the world's leading company has more than 178,000 customers worldwide as of 2019, covering more than 16,000 markets, and is licensed and regulated by the Australian Securities and Investments Commission (ASIC).。It should also be noted that IG Markets is one of the most cutting-edge online CFD brokers, and their services have expanded to 15 countries on five continents.。

As well as being known for its solid experience, IG Markets is also known for its truly broad range of trading tools。The broker has long been considered one of the most accomplished companies in offering clients the most traded assets, with instruments including forex pairs, 26 indices, more than 12,000 stocks, hard and soft commodities, cryptocurrencies and other markets such as bonds, interest rates and options.。

Forex trading in IG Markets is offered in two ways: CFD and DMA。The following are the conditions for each transaction type:

Forex CFD

• Minimum spread: 0.6 o'clock
  Margin: None
  Platforms: Web, Mobile Apps, MT4, ProRealTime, L2 Dealer, Terminal, and API
  Transaction Size: Contracts
  Virtual Account: Yes

Forex DMA

• Minimum spread: No details
  Commission: From $10 per $1 million traded
  Platforms: Web, Mobile Apps, L2 Dealer, Terminal, and API
  Transaction size: lots
  Demo Account: None

All customers can use these two trading methods, however, DMA does not support trading in MetaTrader 4, nor do customers allow virtual trading in demo accounts。It is essentially a type of trading reserved for experienced traders, and the best pricing in the market is very much needed, so DMA provides market depth from a range of exchanges (including the full market depth of the London Stock Exchange)。

The trading platforms in IG Markets are accessible via the web, mobile apps, and desktop, and they offer 2 platform types: Core Platform and Professional Platform。Core platform for all types of transactions with DMA, ProRealTime access and Forex Direct add-ons, while professional platforms include L2 Dealer, ProRealTime and MetaTrader 4。

The fees charged by the first two platforms include a minimum balance of $2000 and a monthly fee for stock data and Tier 2 price (for L2 Dealer), and a monthly platform fee of $40 and a monthly fee for stock data (for ProRealTime)。

There is no minimum balance requirement for IG Markets to open an account, it also offers no overnight interest accounts and customers do not have to pay any interest, rollover or overnight interest charges on overnight positions.。However, all costs and expenses are included in the spread。The account is ideal for long-term traders who need to keep a position for days or even weeks。

For beginners, IG Markets has established the IG Academy, offering interactive education and online trading courses。In this way, customers can master the financial markets through infographics, video presentations and trading highlights provided in after-school quizzes。Even better, IG Academy has been integrated into its mobile application, so customers can always understand the financial markets in a more effective way。

In summary, IG Markets is a client-friendly broker with over 40 years of experience to support its reputation, and their efforts and commitment are proven in a unique core and professional platform.。

Less experienced traders can apply for a Forex CFD account in Core Platforms or MetaTrader 4, while professionals can get the best experience in the financial markets through IG Market's DMA trading and L2 Dealer or ProRealTime platforms。

Broker	IG Markets
FCA Licensing	FCA (Financial Conduct Authority) No: 944492
Trading platform	MT4
Spread	0.8 o'clock
Deposits	4.$50 (Round Transaction)

8. ActivTrades

ActivTrades is a world-renowned CFD broker founded in 2001.。After founding in Switzerland, ActivTrades strategic deployment moves to London。With this privileged location, it is able to meet the needs of a wide range of markets, including Europe, Asia and South America, and quickly gained global appeal。Since then, ActivTrades has expanded and now has additional offices in Milan, Sofia and Nassau.。

The company is authorized and regulated by the FCA and is a member of the Financial Services Compensation Scheme, under which ActivTrades fully implements enhanced segregation of customer funds.。ActivTrades guarantees funds up to £1m, funds secure。

Known for its reliable customer support, ActivTrades provides 24 / 5 customer service by phone or fax to the UK office or via email, as well as online consultation forms and live chat in 12 different languages。

As a result, the company won the ADVFN International Finance Award for Best Online Transaction Service, the Agence IAT Excellence Award for Best Customer Support, and the DKI and Euro am Sonntag Award for Best Customer Service.。In addition, ActivTrades has been named the Most Trusted Forex Broker by MENA Forex Show and Best Forex Broker by Le Fonti。

It offers more than 500 Forex, Index, Commodity, Equity and ETF CFDs, with clients able to.A 5-point spread and a 1: 30 maximum leverage trading currency pair。ActivTrades ensures that all customers "trades are executed at the best available price without the need to re-quote。

The broker does not charge any commissions for forex trading, their execution is fully automated and there are no trading desks, ensuring that clients' trades are not subject to human intervention.。

Trading through ActivTrades is the gateway to major global indices including Nasdaq, Dow Jones, Euronext, FTSE and more。Traders can take 0.The spread trading index from 23 o'clock.。For CFD trading, spreads as low as 0.005 points。

One of the most detailed features of ActivTrades is a separate summary of each market, with forex, commodities, indices and stocks having their overviews, timelines, margin lists and spread tables。

After signing up for an account with ActivTrades, customers can choose one of the three types of platforms offered, including ActivTrader, MetaTrader 4, and MetaTrader 5。The company designed the ActivTrader platform to take advantage of the latest technology and advanced features to create an immersive trading experience, all accessible via mobile, tablet and desktop devices.。

Many tools are available on the trading platform, including SmartOrder, SmartLines, SamartCalculator, SmartTemplate, SmartForecast, SmartPattern, and Pivot Points Indicator。With these tools, customers can get advanced trading speed, accurate execution speed, and easily help customers identify the entry point of buy and sell orders。

Trading education becomes a top priority for ActivTrades, and traders can choose from multiple education methods。In addition to weekly webinars and ongoing workshops, the company offers up-to-date economic calendars and consistent market analysis.。

Video tutorials of all tools and platforms are available without registering a trading account。In addition, the individual one-to-one online training program provides a comprehensive learning experience tailored to each trader's needs。

Both deposit and withdrawal requests can be completed in the trader area。They accept various payment methods including bank transfer, credit / debit cards, Neteller, Skrill, PayPal and Soport。

Judging from the comments above, education and customer support are the main priorities of ActiveTrades, and this broker is suitable for traders who prioritize these two aspects。The company also has FCA regulation, strengthening its reputation as a reliable broker.。

ActivTrades is a UK-based brokerage firm that offers an online trading platform to trade forex, contracts for difference (CFD) and spread trading, serving retail and institutional traders through an electronic trading platform.。

Broker	ActivTrades
FCA Licensing	FCA (Financial Conduct Authority) No: 434413
Trading platform	MT4、MT5
Spread	0.5 points
Deposits	❌

9. HYCM

HYCM, formerly known as HY Markets, is a London-based forex broker。Founded in 1977, the broker has been under the supervision of the UK's trusted and reputable regulator, the Financial Conduct Authority (FCA), for more than 20 years.。In addition, HYCM is regulated by well-known institutions such as CIMA (Cayman Islands Monetary Authority), CySEC (Cyprus Securities and Exchange Commission) and DFSA (Dubai Financial Services Authority).。

Regulated by world-renowned financial regulators and with representative offices in the UK, Hong Kong, Cyprus and Dubai, customers who open an account with HYCM can rest assured that they are a reliable and safe company that specializes in providing the best trading solutions。

As part of the Societe Generale Group, HYCM has chosen to provide access to a wide range of trading markets, including currencies, equities and commodities.。In addition, HYCM has accumulated numerous awards since its inception, including Best Mobile Trading Platform in World Finance (2017) and Best Forex Broker in UAE (2017) in Global Banking & Finance Review.。

Its recognition as an industry leader has helped HYCM to be known as the world's best broker, and HYCM has a long history of delivering superior and trusted trading experiences, providing clients with everything they need to make informed trading decisions.。

HYCM offers its clients some excellent trading conditions, including good liquidity and low spreads, as well as providing ultra-efficient services。These services are in line with their commitment to focus on fast execution and low-cost transactions。The trading conditions offered by HYCM vary by trading instrument:

Foreign Exchange

• Spread: 0.From 2 o'clock
• Maximum leverage: 1: 30

Stock

• Spread: from 18: 00
• Maximum leverage: 1: 5

Index

• Spread: 2.From 0 o'clock
• Maximum leverage: 1: 20

Commodities

• Spread: 3.From 0 o'clock
• Maximum leverage: 1: 20

Since HYCM aims to be a broker of the latest technology, they strive to meet the changing needs of customers by adopting the latest technology, thereby maintaining a leading position in industry trends。HYCM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms to help traders of all skill levels and offers advanced technical analysis, flexible trading systems, EA trading and mobile trading applications。

For novices in the foreign exchange field, HYCM has prepared a large number of educational resources and comprehensive products, which provide them with great help, such as some foreign exchange tutorials, trading strategies, foreign exchange e-books and beginner courses。HYCM Trading also offers a number of useful tools including calculators, economic calendars, news and market outlooks, all of which are good options for all types of investors, from beginners to professionals。

Finally, HYCM also offers a variety of convenient deposit and withdrawal methods through bank transfers, credit cards and electronic payments (Neteller, Skrill).。Although bank transfers can take up to 5 days to appear in a trading account, all other methods are processed immediately for instant transactions。A variety of currencies are accepted as base currencies, including US dollar and euro, as well as KWD (Kuwaiti Dinar), AED (UAE Dirham), RMB (Chinese Yuan) and SAR (Saudi Riyal)。

If you are looking for a reputable and trusted broker to start trading and invest your funds, then HYCM is a good choice。As they are fully licensed and regulated, the security of investors' financial and personal information is guaranteed。The choice of user-friendly trading platform makes HYCM a wise choice for both novice and experienced traders。

HYCM has been operating for 30 years, providing multiple trading platforms and trading tools such as metals, gold, silver, oil, gas, commodities, indices and stocks.。

Broker	HYCM
FCA Licensing	FCA (Financial Conduct Authority) No: 186171
Trading platform	MT4，MT5
Spread	0.1 point
Deposits	$4 (Round Transaction)

Conclusion

In short, there are many financial firms that are regulated by the FCA, but one of them is not actually based in the UK。This is normal in the financial industry, as many brokers have expanded overseas to win global clients.。Nevertheless, in order to keep your funds safe, it is very important to check and carefully check the identity, location and license of the broker。