Forex is a global market that allows you to exchange one currency for another. If you’ve ever traveled to another country, you usually had to find an exchange office at the airport and then exchange the wallet money for the currency of the country you are visiting. What is the best Forex trading platform UK?
Many people like to trade foreign currencies in the forex market because they require the least amount of capital to start a trading day. Forex trades 24 hours a day during the week and offers great profit potential thanks to the leverage provided by forex brokers. Trading on the Forex market can be very volatile and an inexperienced investor can lose significant amounts.
The best brokers in Great Britain:
IG – Best General Broker 2020
Regulated and trusted around the world, IG offers traders an extensive list of marketable products, excellent trade and research tools, industry-leading education and competitive rates. This fantastic, comprehensive experience makes IG the best overall broker in 2020
Plus500 – Best for beginners in general
Plus500 is the largest online CFD broker in the world that has its own proprietary trading platform. Plus500 has a rich history in the online trading industry since 2008, when it began to service customers around the world.
CMC Markets – the best internet platform, most currency pairs
Through its offices in major global financial centers, CMC Markets offers traders a wide range of excellent-priced financial products as well as the Next Generation trading platform, which is equipped with innovative trading tools and charts.
Saxo Bank – Best quality VIP customer service
For traders who can afford a minimum deposit of 10,000 USD (500 GBP for Great Britain), Saxo Bank offers competitive prices, excellent trading platforms, excellent research, reliable customer service and over 40,000 instruments to trade.
FOREX.com – Great platforms and prices
FOREX.com provides an excellent trading experience for Forex and CFD traders around the world. Thanks to competitive prices, fully functional trading platforms, comprehensive market research and a solid mobile application, FOREX.com is designed for traders at all levels of experience
XTB – Best customer service, great platform
As a trusted multi-asset broker regulated in several major financial centers, XTB provides a comprehensive, competitive offer. The most important is exceptional customer service and xStation 5 transaction platform that provides a great experience.
Trading securities is associated with a very high risk. There is a significant risk exposure to currency trading based on margins, OTC derivatives and cryptocurrencies, including but not limited to leverage, creditworthiness, limited regulatory protection and market volatility that can significantly affect the price or liquidity of a currency or related instrument.