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Updated 6 Mar 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.
31th

XTB

Trader Rating
Open Demo Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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
  • UK regulated by the FCA
  • Great in-house trading platform, xStation 5
  • Publicly traded company, around since 2002
Weaknesses
  • Average fees compared to the industry
  • Demo account for 4 weeks only
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
32th

Trade Nation

Trader Rating
Strengths
  • Fully regulated
  • Fixed spreads & spreads from zero
  • Loyalty bonus offer (up to 20% cashback)
  • Risk-free demo account
  • Free trading signals
Weaknesses
  • Limited amount of instruments in some asset classes
  • No cryptocurrencies
  • No social trading
33th

Moneta Markets

Trader Rating
Open Demo Account CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE. 79% 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
  • Offers a powerful in-house platform as well as MT4/5
  • Provides good leverage options, including as high as 1000:1 in some cases
  • Nice mobile trading app (supports both iOS and Android)
  • Gives customers a range of customer service options
  • Deposit bonus can be redeemed several times over, whether a trader is new or not
Weaknesses
  • Leverage levels vary considerably between asset classes
CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE. 79% 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.
34th

TabTrade Review

Trader Rating
Learn More Trading CFDs and margin foreign exchange involves a high degree of risk and is not suitable for all investors. Leveraged trading carries the possibility of losses that may exceed your initial investment. Full Review
Strengths
  • Raw spreads from 0.0 pips — some of the tightest pricing available at any retail broker
  • Equinix LD5 co-location delivering institutional-grade execution speed and reliability
  • Now licensed by the Financial Services Commission, Mauritius (FSC) — a meaningful regulatory step up from its launch framework
  • TabTrade Social copy trading, TradePoints rewards, and TabTrade+ cash back add real value beyond the core trading offer
Weaknesses
  • FSC Mauritius is a recognised offshore regulator, but not a tier-1 jurisdiction such as the FCA or ASIC — and there is no FSCS-style compensation scheme
  • TradingView integrations not yet live
  • VIP Account requires a $25,000 minimum deposit
  • Newly launched in 2025 — no long-term operational track record yet
Trading CFDs and margin foreign exchange involves a high degree of risk and is not suitable for all investors. Leveraged trading carries the possibility of losses that may exceed your initial investment.
35th

VT Markets

Trader Rating
Strengths
  • Fully regulated
  • Segregated client funds in top-tier banks
  • Variety of tradeable instruments
  • Offers an ECN account
  • Excellent customer service
Weaknesses
  • Does not serve US clients
  • Cryptocurrencies not provided
  • Limited educational resources
36th

AJ Bell Youinvest

Trader Rating
Strengths
  • Many free services are available, services that usually require payment on other platforms
  • FCA regulation ensures clients are under FSCS cover
  • Low trading costs
  • There is no minimum deposit for opening an account
Weaknesses
  • Lack of a demo account for practice is a significant drawback
  • Payment channels are restricted
  • Fewer ETFs than other brokers
37th

CCTrader

Trader Rating
Strengths
  • They are an award-winning trading platform
  • Well-established company
  • Simple deposit and withdrawal methods
  • Has access to customer service via live chat, phone and web form
  • The minimum deposit is $0 unless you ask for a secure key
Weaknesses
  • They do not accept Paypal deposits
  • No demo trading available
38th

Hargreaves Lansdown

Trader Rating
Strengths
  • The company's website is easily understandable and accessible to a wide range of customers
  • There is a provision of training materials for traders who invest in the company
  • There is also the benefit of diversification of investment. This offers the customers an express range of choices of investment and trade
  • The terms and conditions of the company are well understood and not ambiguous
  • The trading fee gets lower for frequent traders
Weaknesses
  • Account opening offline for clients outside the UK
  • No adequate saving plans for the customers
  • Only GBP base currency
39th

SquaredFinancial

Trader Rating
Strengths
  • Multi-asset class
  • Superior quality of market execution
  • Low-latency connectivity and trading experience
  • Free educational resources and daily market insights from a team of experts
  • MetaTrader 4 and 5 platforms
Weaknesses
  • More account choice could be offered
  • Relatively low range of cryptocurrencies
  • Mobile trading app not provided by the broker
40th

FXTM

Trader Rating
Open Demo Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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
  • FCA and global regulation
  • Strong education
  • Numerous account types
Weaknesses
  • Does not offer own trading platform
  • Disappointing number of markets
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% 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.

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