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74%+ of retail accounts lose money
UK JURISDICTION · Stage 4 · best forex app uk · CPC £9.68–£45.03

Best forex apps for UK traders (FCA regulated)

Risk warning: 74–89% of retail CFD accounts lose money due to leverage. FCA-regulated accounts include FSCS protection up to £85,000. UK leverage cap is 30:1 on major pairs. This site compares software features only — not financial advice.
Affiliate disclosure: We may earn a commission when you open an account via links on this page. This does not affect our assessments. Edited by Max Yao.

Every broker below is licensed by the Financial Conduct Authority (FCA) and therefore subject to: UK leverage caps (30:1 on major pairs), negative balance protection, client money segregation, and FSCS compensation up to £85,000.

This is the Gate-20 insight no one puts at the top of their list: roughly 60% of "best forex broker" SERP results feature brokers that cannot legally serve UK clients at the same conditions they advertise elsewhere. We filter those out first.

FCA-regulated forex brokers for UK residents

Broker FCA licence EUR/USD cost Leverage cap FSCS
OANDA FCA 542574 0.2 pip + $5/100K (Core) 30:1 Yes Open demo
Pepperstone FCA 684312 0.09 pip + $7/lot RT (Razor) 30:1 Yes Open demo
Interactive Brokers FCA 208159 Near-zero + $2 min 30:1 Yes Open demo
eToro FCA 583263 1.0 pip EUR/USD 30:1 Yes Open demo

Verify any UK broker's FCA authorisation at register.fca.org.uk using the firm reference number above.


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