Top 4 Best Forex Platforms UK
The financial world is buzzing with a lot of lucrative financial markets and Forex is one of the most profitable in the current era. This is one of biggest markets with trade volume exceeding $5 trillion daily. There are handsome amounts of trading opportunities available in the Forex. Every year small and big investors trade huge volume in Forex for seeking profit on the differences in currencies. A good knowledge of trading platforms is essential in the understanding of the Forex market.
A reliable trading platform secures high stakes in the Forex. There are a number of options available as Forex trading platforms but few worth the value. The trusted platforms operate under the UK financial services authority. Specifically, London is one of the major hubs of foreign exchange market listed in top five centers for foreign exchange. This article is going to share information about the top 4 best Forex platforms UK.
- Forex Capital Markets (FXCM): It was founded in 1999. This company was the pioneer on internet based trading. Also, the company is listed among the fastest growing companies in America three years in a row. It is regulated by financial conduct authority and licensed. FXCM also provides the app for professional fast trading with the MT4 platform. Charting tools and analysis data are available. FXCM offers attractive rates, innovative tools, and standards of 24/7 customer supporter are top notch. They provide spread as low as 0.5 pips and training tools along with well research data.
- Plus 500: The Company was founded in 2008. Plus 500 is a regulated trading platform by FCA. It provides trading on 50 + Forex pairs with leverage, advanced trading tools and ease in account opening. In Plus 500 gives all new traders a free of charge no deposit bonus. No extra commissions charged in Plus 500. Before going for real trading demo accounts are available where the trading platform is put to test in front of customers. Plus 500 is available in fast mobile and tablet platforms for competitive trading. Plus 500 leverage of 1:294 reflects the reputation of the company.
- XM Trading: The XM trading has built a solid reputation since 2009. XM is granted licenses that let them operate in a multiple number of countries. XM also holds the license issued by the FCA. XM also allow it users to trade on the well versed MT4 trading platform. Mobile and tablet options are available that are compatible with almost all devices. Comprehensive customer support is available 24/7. The best thing about the XM is that the initial deposit is at $5. A free demo account is given to make customers familiar with the trading platforms.
- Markets.com: Markets.com is operated by Safecap Investments Limited. It is regulated by the FCA in the UK and possesses licenses in other countries as well. Markets.com was awarded the London Investor Show Forex “Best customer service in 2012”. The trading platform offers competitive leverage at 200:1 with a minimum deposit of $100.
It also provides the unlimited demo account. This is one of best trading platforms for thorough Forex and CFD training. A well-researched data in form of charts and indicators that enables traders to make great decisions. The customer support is top notch. Markets.com is rated as number 1 Forex trading platform on reputable Daily Forex.