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Updated 29 Jan 2026
Choosing the perfect broker for you is an important first step on your trading journey. Like a good pair of gloves, your broker of choice should be a suitable fit for you. But with so many brokers out there today, where do you start? Here at AskTraders, our expert team of trading professionals has taken care of all the hard work for you. We’ve reviewed and ranked our trusted broker partners to save you hours of research. Along the way, we’ve looked at everything from account types and features, to trading fees and FCA regulation and condensed all of this information into a handy snapshot overview.
21th

Wealthify

Trader Rating
Strengths
  • Fully automated investment service
  • Five plans available to suit all investors, including ethical investing
  • Customer service options include phone, email and live chat
  • Minimum deposit of £1 to open an account
  • Backing from major financial organisations
Weaknesses
  • Fees are not the lowest available for large investors
  • No pension product
  • No customer support on Saturday afternoon and Sunday
22th

StormGain

Trader Rating
Strengths
  • Multilingual website
  • Loyalty program and bonuses
  • Security
  • Ability to buy cryptocurrency using bank cards
  • 24/7 customer support
Weaknesses
  • Replenishment of accounts only possible with cryptocurrencies
  • StormGain is currently not regulated. However, the StormGain legal team provides adequate control
  • Only cryptocurrencies can be withdrawn from the platform
23th

Spreadex

Trader Rating
Open Account 62% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Full Review
Strengths
  • Spreadex has been around for a long time
  • It is known as a reliable company
  • Both iOS and Android apps are available
  • A large number of markets are on offer
Weaknesses
  • No e-wallets available for deposits and withdrawals at the moment
62% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
24th

Admiral Markets

Trader Rating
Open Demo Account Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Full Review
Strengths
  • More than 4500 stocks & over 200 ETFs available to invest in
  • Admiral Markets Platform developed in-house
  • Wide range of CFDs on several asset categories to trade
  • Comprehensive trading education and solid analytical research resources
  • MT4/MT5 platforms accompanied with add-ons
Weaknesses
  • Demo account expires after 30 days
  • Trading commissions on some types of accounts
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
25th

Coinbase

Trader Rating
Strengths
  • Very well-designed and easy to use platform
  • Offers the opportunity to learn about the industry
  • Referral links allow users/influencers to earn with the platform
  • High liquidity
Weaknesses
  • Their customer support could be improved
26th

YouHodler

Trader Rating
Strengths
  • Bridges the gap between fiat and crypto finance systems
  • Enables holders of crypto to improve cashflow without selling coins
  • Impressive levels of security and protection
Weaknesses
  • Not available in the US
  • Loans are available in five denominations: USD, CHF, EUR, GBP, and USDT. It is a good base level number of options but won't, of course, suit all clients.
27th

Skilling

Trader Rating
Open Demo Account 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money Full Review
Strengths
  • The platform is easy to use for every type of traders from amateurs to professionals
  • Over 1200 financial instruments to trade
  • Leverage above 1:30 available to professional traders
  • Transparent trading fees
  • You can open a live trading account for £100
Weaknesses
  • The cost of spreads is higher than other services in the market
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
28th

Wealth Horizon

Trader Rating
Strengths
  • Customised and personal advice
  • Downloadable investment proposal
  • Status updates available anytime
  • Consistently recognised as a top ten robo-advisor
  • Minimal client interaction required
Weaknesses
  • No demo account or low investment option to test service with
  • Unclear deposit methods and withdrawal time
  • No weekend or evening customer support
29th

IQ Broker

Trader Rating
Open Demo Account 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Full Review
Strengths
  • $10 minimum deposit and $2 minimum withdrawal
  • Choice of isolated (Simple) or cross (Advanced) margin
  • Wide funding options, including e-wallets such as Skrill and conventional banking routes
  • Deposits in any currency automatically converted to the currency you regularly use
  • Wide range of assets including crypto and options
Weaknesses
  • Withdrawal fee of 2% (standard) or 5% (expedited) after one free withdrawal a month
  • Currency conversion fee of up to 4% per deposit or withdrawal
  • Maintenance fee on crypto positions held over three months, rising to 3%
  • €10 monthly inactivity fee after 90 days
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
30th

Swissquote

Trader Rating
Strengths
  • Excellent robo advisory service on offer
  • Well-regulated broker with stringent customer trust and safety practices
  • No inactivity fees on accounts
  • Excellent brand reputation
Weaknesses
  • Not the most competitive spreads out there
  • Social trading features could be better
  • Limited withdrawal and deposit options

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