Plus500
£100 min dep. - 76.4% of retail CFD accounts lose money
- Plus500UK Ltd FCA (#509909)
- Demo Account
- Mobile Trading
XM
£5 min dep. - Your capital is at risk
- CySEC, FCA (UK), MiFID
- Demo Account
- Mobile Trading
Choosing the right broker made easy
Things to consider when choosing a broker
Regulated
All the brokers we recommend are regulated. So your capital is secure.
Demo trading
Practice trading with a demo account before risking your real money.
mobile trading
Mobile trading has become popular as users want to be able to trade on the go.
Competitive spreads
Many brokers offer low spreads meaning you get to keep more of your profit.
Choose the perfect broker
Before you start trading, you need a broker. Therefore, choosing the correct broker is one of the most important decisions you will make before trading.
There is a wide choice of brokers out there, and because of this, sometimes the choice can be overwhelming.
Below are some brokers for your consideration. Each has its differences, test their demo accounts and see which one suits your needs.
All the brokers we recommend are regulated.
EconAlerts is affiliated with the recommended brokers, which means if you sign up using our link, we will earn a commission, which is used to fund the website’s running costs.
easyMarkets
£100 min dep. - Your capital is at risk
- 5GB Storage
- Demo Account
- Mobile Trading
AvaTrader
£100 min dep. - Your capital is at risk
- 10GB Storage
- Demo Account
- Mobile Trading
IQ Option
£10 min dep. - Your capital is at risk
- 100GB Storage
- Demo Account
- Mobile Trading
questions to ask before choosing a broker
Probably the most critical question. Brokers regulated by a top regulatory body such as the FCA (UK) keep your funds safe. A regulated broker segregates their client funds from their company funds.
They also most likely have a physical location, and there is a dedicated support team if you need help or information.
At EconAlerts, we only partner with regulated brokers, so all the brokers advertised on our site are regulated.
Most brokers have several methods of withdrawal and deposit. The most common forms are bank transfer, credit/debit card, PayPal, Skrill, or other online payment platforms.
Make sure the broker you choose allows the deposit and withdrawal methods that you want to use.
When it comes to the platform the broker uses, this is an important consideration. Some brokers use their propriety platform. These platforms can be less customisable than you may need, but this is not always the case. Other brokers will use common trading platforms such as MetaTrader 4 (MT 4). These platforms usually give traders more flexibility with trading, such as using trading bots or Expert Advisors that can trade for you.
Stock, Forex, Commodities, Cryptocurrencies are just some of the types of assets you can trade. What type of asset you want to trade is a personal choice, but you will need to make sure the broker you choose allows you to trade the asset type you want.
clients of our affiliated brokers say
"UK Customer and a happy one. I fail to see any issues whatsoever with this provider. Integration with metatrader 5 is seamless. There are no order execution issues..."
"My MT4 account on PC and support team @Lukasz was very helpful and patient dedicating a lot of time to resolve matter. Customer support excellent and very responsive..."
"Best trading app I ever used so far. Assistants are very helpful and customer service is satisfactory. The app is very easy to use so it makes it easy to trade."
"Easy to use platform. The social trading aspect is great, a lot of options to choose from. They are also expanding their crypto selection monthly which is cool..."
