Compare forex trading accounts

Looking for a competitive FX (forex) trading account?

We’ve compiled a table of the leading forex trading providers.  Here you can easily compare the different offers, and apply for a forex trading account right away.

Company Spread Avg spread Leverage ratio 1: Trade min Account min 24 Hour trading Demo account Sponsored message
Internaxx
Variable 1-5 pips 10 1 contract £0 no yes
NatWest
Variable 2-5 pips 200 £10,000 £200 yes yes
Selftrade
Selftrade
Variable 2-6 pips 10 1 contract £0 yes yes
TD Waterhouse
Variable 2-5 pips 200 1 contract £0 no no
Tradefair
Tradefair
Variable 2-5 pips 200 1 contract £0 yes yes Sign up for our £75 bonus offer*, 2 pip spread on the GBP/USD. Low funding charges Apply
Moneycorp Markets
Variable 3-4 pips 100 £100,000 £10,000 no yes
Saxo Bank
Variable 1-5 pips 100 £10,000 £1,250 yes yes Try Saxo Bank’s Award Winning platform with a free Forex Trading Demo account Apply
ODL
Variable 2-5 pips 100 £10,000 £2,000 yes yes
RBS
Variable 2-5 pips 200 £10,000 £200 yes no
ProSpreads
Fixed 1-3 pips 100 £100,000 £0 no yes Apply
Accendo Markets
Variable 1-5 pips 100 1 Contract £1000 yes yes Power at your fingertips, tight spreads, an advanced trading platform and mobile capabilities Apply
IG Index
Fixed 2-3 pips 50 £10,000 £0 yes no Competitive spreads on over 60 currency pairs, with EUR/USD from just 1 pip Apply
FXCM
Variable 2-3 pips 200 100,000 units £2,000 yes yes
GFT
Variable 1-5 pips 100 1 contract £120 yes yes Free education. Free software. Free forex commentary. Trade currencies with GFT Apply
Capital Spreads
Fixed 2-5 pips 100 1 contract £0 yes yes Apply
CMC Markets
Variable 2-5 pips 200 £10,000 £200 yes no Trade over 70 currency pairs with some of the tightest spreads in the market Apply
ETX
Variable 2-3 pips 10 1 contract £100 yes no
City Index
City Index2
Variable 2-6 pips 10 1 contract £0 yes yes Trade Forex with City Index’s Innovative Online Platform Apply
MF Global
Variable 0-4 pips 40 £10,000 £6,250 yes yes
Barclays
Variable 2-5 pips 100 £50,000 £5,000 yes no
Etrade
Variable 3-7 pips 20 £10,000 £1,000 yes yes
Fin Spreads
Variable 2-5 pips 20 £0.50 £0 yes yes Claim £100 Trading Credit* When You Apply for a Finspreads Account Apply
Risk warning: Forex trading is a leveraged product and carries a high level of risk to your capital. You may lose more than your initial deposit. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved and seek independent advice if necessary.

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Important information about this page: We’ve done our utmost to make this table as comprehensive as possible, including as many service providers as we can. We provide this free of charge. In order to fund this service we make it easy to apply directly from this page to providers that may give us a referral fee should you choose to use their service. Rest assured this does not affect the cost to you for using any of these service providers. We do not recommend a particular service and you should always select the service that's right for you. We regularly check the accuracy of the information in the tables, however if you spot something that is not correct or feel there is a leading service provider missing, please contact us.