Looking for your perfect high leverage forex broker?

I’ve tested, scored, and ranked the best high leverage forex brokers in the UK.

Whether you’re looking for top-notch security, user-friendliness, or low spreads, I’ve got you covered.

So, in a nutshell, what are the best high leverage forex brokers in the UK? The best high leverage forex brokers include eToro, XTB, and Pepperstone. eToro is known for its social trading platform, XTB offers an award-winning proprietary trading platform, and Pepperstone is favored for its low spreads and strong customer service. However, leverage is limited by the Financial Conduct Authority (FCA) to 30:1 for retail clients in the UK, so ensure you understand the risks before trading.

Best Forex Brokers With High Leverage Ranked

Here is a quick list of the best high leverage forex brokers to use in the UK based on my hands-on analysis:

1. eToro – Overall best high leverage forex broker UK for beginners
2. XTB – Cheapest high leverage forex broker UK
3. Pepperstone – Low-spread & high leverage forex trading platform UK
4. AvaTrade – High leverage offerings for professionals
5. Interactive Brokers – Best high leverage forex broker for advanced traders

Best High Leverage Forex Brokers UK Compared

Here I’ve compared the forex brokers based on four key rating criteria you must consider and compare:

Rank	Broker	Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
1	eToro	Up to 400:1	50+	1.0	$10
2	XTB	Up to 500:1	57	1.0	£250
3	Pepperstone	Up to 200:1	60+	0.77	$200
4	AvaTrade	Up to 400:1	55	0.9	$100
6	Interactive Brokers	Up to 40:1	105	0.2	$0

Best High Leverage Forex Brokers in the UK Reviews

Research shows the UK has the largest share of forex trading at 43% globally, making it the largest forex trading center worldwide¹.

If you are looking to get started trading forex in the UK, you’re in luck!

There are a variety of excellent high leverage forex brokers available to UK traders, each with its unique features and benefits.

Having worked in the retail investment & trading sector in London over the last four years, I had the opportunity to experience the dynamic and fast-paced forex market first-hand.

In my role working for one of the UK’s leading financial companies, “a trustworthy and respected provider of news, education and market analysis for the everyday investor”, I was able to work with and test some of the biggest UK forex brokers on the market.

Using my experience in this field, I’ve compiled a list of the best high leverage forex brokers in the UK based on four key criteria:

1. Leverage available
2. Number of currency pairs
3. Average spread EUR/USD
4. Minimum deposit

Factors such as usability, trading platforms available, research tools, educational materials, and additional features were also considered.

All the high leverage forex brokers I’ve reviewed below are regulated by the UK’s financial watchdog, the Financial Conduct Authority (FCA), or similar.

1. eToro – Overall best high leverage forex broker UK for beginners

The overall winner on my list of the best high leverage forex brokers and what I recommend to beginners is eToro.

In the dynamic realm of forex trading, eToro has emerged as a favoured choice for traders seeking the advantages of high leverage.

Catering to a broad spectrum of traders, eToro offers over 52 diverse currency pairs, ensuring traders have a variety of options to explore.

Retail traders can harness a leverage of up to 30:1, in compliance with FCA regulations, while seasoned professional traders have the opportunity to escalate their trading ambitions with staggering leverage of up to 400:1.

Yet, it’s not just high leverage that sets eToro apart.

The broker’s acclaimed social trading platform brings traders together, fostering a community where they can exchange insights and strategies, enriching the trading experience and potentially bolstering results.

The beginner-friendly approach is also evident in their low initial deposit requirement of just $10 and the CopyTrader feature.

While its fees might be slightly on the higher side, the broker ensures transparency and competitive conditions.

On the whole, for those venturing into high leverage forex trading in the UK, eToro stands out not just for its leverage offerings but for its integrated approach that combines user-friendly features with comprehensive trading resources.

Whether you’re trading major pairs like EUR/USD and GBP/USD or exploring minor pairs and commodities, eToro’s leverage structure caters to a broad range of risk appetites and strategies.

Read my full eToro review.

Key rating criteria:

Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
Up to 400:1	50+	1.0	$10

Pros:

• Supports multiple payment options
• Intuitive trading platform with a copy-trading feature
• Quick and responsive customer service
• Oversight by multiple high-level financial regulators

Cons:

• Charges a £5 fee for withdrawals

2. XTB – Cheapest high leverage forex broker UK

XTB stands prominently as one of the best high leverage forex brokers, offering an impressive leverage limit of up to 500:1 for those fitting the criteria. This translates to a potential trading capital of $500 for every $1 risked, providing traders with robust leverage across major and minor forex pairs.

For the more exotic pairs like EUR/TRY, traders have leverage of up to 1:40. Beyond forex, XTB’s allure extends to commodities trading; gold enjoys a generous 1:500 limit, other commodities stand at 1:67, and a distinct 1:5 for stocks across multiple global markets such as the US, UK, Italy, and Germany.

A definitive edge that XTB brings to the table is its low fee structure. Traders are greeted with commission-free trading across all markets, with competitive spreads starting from just 0.8 pips on major forex pairs, and fee-free deposits through debit/credit cards and bank wires.

However, a 2% fee on Skrill payments should be noted.

Moreover, the absence of a minimum deposit requirement makes XTB an appealing choice for both beginners and seasoned traders. The platform of choice, xStation 5, boasts advanced charting tools and technical indicators, ensuring traders have the cutting-edge resources they need.

Though it lacks support for third-party platforms like MT4 or MT5, its multi-device compatibility is a boon for traders on the go. Coupled with a free demo account for budding traders or strategy testers, XTB solidifies its commitment to user-centricity.

Furthermore, XTB’s regulatory framework spans multiple jurisdictions such as the UK, Poland, Spain, and Belize, ensuring a layer of trust and compliance.

Diving into the specifics of forex trading at XTB, traders can navigate through over 48 currency pairs with ultra-thin spreads from 0.1 pips. The broker’s array of learning and market analysis tools further enhance the trading experience, ensuring traders are well-equipped and informed.

Whether you’re a novice looking to dabble in forex or a professional seeking high leverage potential, XTB’s blend of features, low fees, and robust platform make it a compelling choice in the high leverage forex broker landscape.

Key rating criteria:

Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
Up to 500:1	57	1.0	£250

Pros:

• Free and speedy deposit and withdrawal process
• Swift and simple account opening

Cons:

• The product portfolio is primarily limited to CFDs
• Charges an inactivity fee

3. Pepperstone – Low-spread & high leverage forex trading platform UK

Pepperstone, a renowned platform in the realm of leveraged CFD trading, has solidified its reputation by providing access to an extensive 1,200 market array, encompassing everything from commodities and indices to forex and cryptocurrencies.

Its offering extends to stocks across several major markets, including the US, Germany, Australia, Hong Kong, and the UK.

Staying within the bounds of FCA regulations, Pepperstone sets the leverage cap at 30:1 for retail clients, but professionals with qualifying credentials can amp up their leverage game to an impressive 200:1.

Among its many commendable features, Pepperstone presents traders with two core account types, each catering to specific trading needs.

The standard account, offering spreads beginning from 1 pip on EUR/USD, is commission-free. In contrast, the razor account piques interest with its institutional-grade spreads, starting from a razor-thin 0.0 pips on primary pairs, albeit with a commission of $3.50 per slide.

Traders also relish the versatility of choosing from platforms like MT4, MT5, cTrader, and TradingView. The absence of a minimum deposit requirement, combined with options like debit/credit card and bank wire facilities, further sweetens the deal.

Not limiting itself to just CFDs, Pepperstone ventures into spread betting arenas, exclusively accessible for UK and Ireland residents. A distinguishing feature is the depth of its analytical resources—daily market insights, live coverage of significant economic events, and expert commentaries keep traders well-informed and ahead of the curve.

Over 60 currency pairs await exploration, and with spreads starting at 0 pips for major pairs, cost efficiency remains paramount. Additionally, the platform’s user-friendly nature, complemented by a robust set of learning resources and social/copy trading platforms, enhances the trading experience.

The $3.50 commission per lot stands as a point of consideration, but with 62 currency pairs to delve into, Pepperstone ensures traders are spoilt for choice.

Read my full Pepperstone review.

Key rating criteria:

Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
Up to 200:1	60+	0.77	$200

Pros:

• Provides access to over 60 currencies through top-notch desktop and mobile platforms
• Features currency indices to capitalise on forex market volatility
• Highly rated for customer satisfaction and value for money

Cons:

• More competitive pricing is available for CFDs and spread betting

4. AvaTrade – High leverage offerings for professionals

AvaTrade stands out in the forex brokerage space, notably for its high-leverage offerings tailored for professional traders. While retail clients can harness leverage up to 30:1, the seasoned pros have the door open to a whopping 400:1.

Such a powerful leverage ratio can be a double-edged sword, amplifying both potential profits and losses, underscoring the importance of trading prudently and armoring oneself with robust strategies.

AvaTrade boasts an impressive list of over 45 currency pairs, granting traders a broad spectrum of forex markets to explore.

The AvaTradeGO app is a gem, receiving commendable ratings and feedback across digital stores like Google Play and the App Store. This intuitive app facilitates seamless trading on the move, complemented by a suite of top-tier platforms like MT4, MT5, AvaSocial, and Ava Academy.

To dip your toes into the AvaTrade experience, a modest initial deposit of £100 suffices. What elevates AvaTrade further is its status as a stellar high leverage broker for both MT4 and MT5 users.

These platforms entice with commission-free trades and enticingly competitive spreads, with the popular EUR/USD pairing averaging a mere 0.9 pips.

Beyond these platforms, AvaTrade unveils its proprietary trading suite, laden with a plethora of analysis tools, and an options trading platform supporting over 40 forex pairs and even gold. For those inclined towards automated trading, platforms like AvaSocial, DupliTrade, and Capitalise.ai stand ready.

But, a word of caution for UK traders: AvaTrade isn’t directly regulated by the FCA. However, this isn’t a red flag, as its regulatory adherence spans various global jurisdictions, including the Central Bank of Ireland.

In terms of fees, an inactivity levy kicks in, with $50 being charged after three dormant months, and another $100 following a year.

AvaTrade offers a rich forex trading experience, marrying high leverage with a diversified platform ecosystem. As always, potential clients should do their due diligence, especially concerning regulatory nuances and fees.

Read my full AvaTrade review.

Key rating criteria:

Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
Up to 400:1	55	0.9	$100

Pros:

• Comprehensive and timely forex news updates
• Intuitive and user-friendly app interface
• Extensive selection of over 250 currency pairs

Cons:

• Inactivity fees that may be considered relatively high
• Forex fees that are deemed average in comparison

5. Interactive Brokers – Best high leverage forex broker for advanced traders

Interactive Brokers (IBKR) firmly establishes itself as a formidable contender in the high leverage forex broker space. At the heart of IBKR’s offering is its state-of-the-art proprietary trading platform, the Trader Workstation (TWS).

Boasting a rich palette of sophisticated tools, TWS covers an impressive range of technical and economic indicators. Users will find customisable trading screens, pinpoint drawing tools, comprehensive risk management features, and an uninterrupted stream of real-time market data.

Additionally, the platform supports an extensive variety of order types, spanning from take-profits to brackets and OCOs. The breadth of markets catered to by IBKR is commendable.

Traders have a vast universe of assets at their fingertips, spread across 150 markets. This includes but is not limited to stocks, funds, futures, options, currencies, and commodities.

While the fee structure is contingent on the asset, market, and account type, certain highlights stand out. US clients using the IBKR Lite account, for instance, can indulge in commission-free trading for domestic stocks and ETFs.

Meanwhile, options and futures trading commences at a mere $0.15 and $0.25 per contract, respectively. Forex enthusiasts will appreciate the low starting point of 0.08 basis points and spreads initiating at 1/10 of a pip. Diving deeper into the forex offerings, IBKR’s reputation is bolstered by its access to high liquidity and real-time quotes from 17 leading global forex dealers.

Traders can navigate through a selection of over 100 forex pairs, encompassing 24 currencies. While the tools are honed for professional traders, IBKR ensures accessibility across the board.

Leverage limits stand at 40:1 for major pairs and 20:1 for other categories. A cherry on top is the broker’s friendly approach to fees.

Forex trading is kept cost-efficient, there’s an absence of a mandatory minimum deposit, and inactivity fees are nowhere to be found. This inclusive stance ensures traders of all calibers can delve into the forex waters with ease.

And for those still on the fence, IBKR extends a “Free Trial” version, allowing a risk-free exploration of its offerings. In conclusion, Interactive Brokers merges high leverage with a vast market offering and advanced trading tools, making it a must-consider for seasoned and newbie traders alike.

Read my full Interactive Brokers review.

Key rating criteria:

Leverage available	Number of currency pairs	Average spread EUR/USD	Minimum deposit
Up to 40:1	105	0.2	$0

Pros:

• Competitive trading fees
• Extensive product offerings
• Abundant high-quality research tools

Cons:

• Lengthy and complex account setup process
• Intricate desktop trading interface
• Limited customer service due to understaffing

How to Choose the Best High Leverage Broker in the UK

Choosing the best high leverage broker in the UK requires careful consideration of several factors.

High leverage can significantly amplify both gains and losses, making the choice of broker crucial for your trading experience and risk management.

Along with the key rating criteria I used to rank the brokers, here’s what to look for:

• Regulation and Licensing:
  • Ensure the broker is regulated by the UK’s Financial Conduct Authority (FCA). This guarantees a certain level of safety, professionalism, and compliance with local laws.
  • Check if the broker offers protection under the Financial Services Compensation Scheme (FSCS), which can safeguard your funds up to a specific limit.
• Leverage Offered:
  • Understand the maximum leverage the broker provides. While high leverage can amplify profits, it also intensifies potential losses. Always trade responsibly.
  • Remember, for retail clients in the UK, leverage is capped at 30:1 for major currency pairs due to FCA regulations. However, professional clients may have access to higher leverage.
• Trading Platforms:
  • Analyse the trading platforms the broker supports (e.g., MetaTrader 4, MetaTrader 5, cTrader).
  • Check for platform stability, ease of use, available tools, and indicators, and ensure it meets your trading style and needs.
• Costs and Fees:
  • Compare spreads and commissions. Some brokers offer low or zero spreads but may compensate with higher commissions.
  • Look for any hidden fees, such as inactivity fees or withdrawal charges.
• Range of Markets:
  • Ensure the broker provides a wide variety of instruments and currency pairs if you wish to diversify your trading portfolio.
• Account Types:
  • Examine the different account offerings. Some may have accounts tailored for beginners, while others cater to professionals.
• Customer Service:
  • A responsive customer support system can be crucial. Test their availability, responsiveness, and knowledge.
• Education and Research:
  • Especially for new traders, having access to educational resources can be invaluable.
  • Check if the broker offers webinars, tutorials, news updates, and analysis tools.
• Deposits and Withdrawals:
  • Ensure the broker supports multiple payment methods for deposits and withdrawals. Also, check for any associated fees and the speed of transactions.
• Reputation and Reviews:
  • Read reviews from other traders and industry professionals.
  • Look for any recurring issues or complaints, keeping an eye out for mentions of withdrawal difficulties or platform glitches.
• Safety of Funds:
  • Investigate how the broker stores and protects your funds. Many reputable brokers keep client funds in segregated accounts away from their operational funds.
• Demo Account:
  • Utilise demo accounts to test the platform’s interface, tools, and customer service without risking real money.

What Is Forex Trading & How Does It Work?

Forex trading, also known as foreign exchange trading or currency trading, involves buying and selling currencies on the foreign exchange market to make a profit.

The forex market is the world’s largest financial market, and it operates 24 hours a day, five days a week².

How Forex Trading Works

1. Currency Pairs:
   • Currencies are traded in pairs, such as EUR/USD (Euro/US Dollar), GBP/JPY (British Pound/Japanese Yen), and USD/JPY (US Dollar/Japanese Yen).
   • The first currency in the pair is called the “base currency”, and the second is the “quote currency”.
2. Price Movements:
   • The objective is to predict whether the base currency will strengthen or weaken in relation to the quote currency. If you believe the base currency will strengthen against the quote currency, you will buy the pair. Conversely, if you believe it will weaken, you will sell.
   • Profits or losses are made from the fluctuation in the exchange rate between the two currencies.
3. Major, Minor, and Exotic Pairs:
   • Major Pairs: These are the most traded pairs and include currencies from major world economies like the US, EU, Japan, and the UK. Examples are EUR/USD, USD/JPY, and GBP/USD.
   • Minor Pairs: These pairs don’t include the US dollar but involve other major currencies. Examples are EUR/GBP and EUR/AUD.
   • Exotic Pairs: These involve one major currency and one from a smaller or emerging economy, such as USD/SGD (US Dollar/Singapore Dollar).
4. Leverage:
   • Forex trading is typically leveraged. This means traders can control a large position with a relatively small amount of money.
   • For example, with leverage of 50:1, you could control a position worth $50,000 with just $1,000 in your account.
   • While leverage can amplify profits, it also increases potential losses.
5. Forex Brokers:
   • Individuals typically trade forex through brokers. These brokers provide trading platforms, access to currency pairs, and leverage.
   • Brokers make money through spreads (the difference between the buying and selling price) or commissions.
6. Decentralised Nature:
   • The forex market doesn’t have a centralised exchange, like stock markets. Instead, trading is conducted electronically over-the-counter (OTC), meaning transactions occur directly between parties, usually via electronic networks or phones.
7. Factors Influencing Forex:
   • Currency values can be affected by a multitude of factors, including economic data (like GDP and employment figures), interest rates, political stability, and the overall economic health of a nation.
   • Additionally, major world events, financial news, and decisions by central banks can cause significant price swings³.

Forex trading can be both exciting and rewarding, but it’s essential to understand the complexities and risks involved.

Proper education, an understanding of market dynamics, and a clear trading strategy are crucial for success in the forex market.

What Is Leverage in Forex?

Leverage in forex refers to the ability to control a large position in the market with a smaller amount of deposited funds.

Essentially, it amplifies the potential for profit and loss.

Offered by brokers, leverage is presented as a ratio, such as 50:1, 100:1, or even 500:1. This means that with leverage of 50:1, a trader can control a position worth £50,000 with just £1,000 in their trading account.

While leverage allows traders to magnify their profits on successful trades, it also increases the potential for losses on unsuccessful ones.

Given its double-edged nature, leveraging requires careful risk management and a thorough understanding of the market dynamics to use effectively and responsibly.

Risks of Leverage

Leverage, while a powerful tool in forex trading, carries significant risks that traders must understand. The primary risk of leverage is the magnification of potential losses.

Just as it can amplify profits, leverage can also amplify losses, often exceeding the initial investment. For instance, with a high leverage ratio, even a small market movement against a trader’s position can result in substantial losses.

This heightened risk can lead to rapid and significant account drawdowns. Additionally, using excessive leverage can tempt traders to take on larger positions than they would otherwise, leading to overexposure in the market.

High leverage can also encourage overtrading and reduce the trader’s ability to withstand longer drawdown periods. Given these risks, traders must have a robust risk management strategy in place, use leverage judiciously, and continuously educate themselves about market dynamics.

FCA Regulations

The Financial Conduct Authority (FCA) is the regulatory body overseeing financial markets in the UK.

In recent years, it has introduced a series of measures to protect retail consumers from the significant risks posed by trading contracts for differences (CFDs), which includes forex trading.

One of the most notable measures is the restriction on the leverage that can be offered to retail traders.

Here’s a breakdown of the FCA’s leverage restrictions:

1. Major Currency Pairs: For major forex pairs, such as EUR/USD, GBP/USD, and USD/JPY, the maximum leverage for retail clients is restricted to 30:1.
2. Minor Currency Pairs, Gold, and Major Indices: For minor pairs and other notable assets like gold and major stock indices, the leverage limit is set at 20:1.

It’s important to note that these restrictions apply specifically to retail traders. Professional clients, due to their experience, understanding of the markets, and financial position, can access higher levels of leverage, although they lose some of the protections accorded to retail clients.

In addition to leverage restrictions, the FCA has also mandated other protective measures, such as providing negative balance protection to ensure that clients cannot lose more than their account balance, and closing out a client’s positions if their funds fall to 50% of the margin required to keep their positions open.

These measures aim to curb the significant and unexpected losses that retail consumers face when trading high-risk, leveraged products.

How to Start Trading Forex With a High Leverage Forex Broker UK

Starting to trade forex with a high leverage broker in the UK involves several steps, given the regulations and protections in place.

Here’s a step-by-step guide to get you started:

1. Educate Yourself: Before diving into the forex market, especially with high leverage, it’s essential to educate yourself. Understand the basics of forex trading, the implications of leverage, and the associated risks. There are numerous online courses, webinars, and e-books available that cater to beginner traders.
2. Choose a Broker: Not all brokers offer the same services, tools, or levels of leverage. Look for a broker regulated by the FCA, as this ensures a level of protection and adherence to the guidelines set by the authority. When selecting a broker, consider their reputation, available trading platforms, educational resources, customer service, and of course, the leverage they offer.
3. Understand the FCA Restrictions: Remember that the FCA has set leverage limits for retail traders to protect them from significant losses. As a retail trader in the UK, the maximum leverage you can access is up to 30:1 for major currency pairs. However, professional clients can access higher leverage, but with certain conditions.
4. Open an Account: Once you’ve chosen a broker, you’ll need to open a trading account. This process involves providing personal information, verifying your identity (due to KYC regulations), and depositing funds. Some brokers might also ask you to complete a questionnaire to assess your trading knowledge and experience.
5. Use a Demo Account: Most brokers offer demo accounts with virtual funds. Use this account to familiarise yourself with the trading platform, practice forex trading strategies, and understand the implications of high leverage without risking real money.
6. Develop a Trading Plan: Define your trading goals, risk tolerance, and trading strategy. A well-thought-out plan can help you remain disciplined and avoid impulsive decisions, which is especially crucial when trading with high leverage.
7. Start Trading: Once you’re comfortable, begin trading on your live account. Always use risk management tools like stop-loss and take-profit orders, especially in high leverage situations.
8. Continuous Learning: The forex market is dynamic. Regularly update yourself with global news, economic events, and market analyses. Many brokers provide daily insights, webinars, and market forecasts for their clients⁴.
9. Review and Evaluate: Regularly review your trades. Analyse both your successful and unsuccessful trades to understand what worked and what didn’t. This continuous evaluation will help refine your strategies over time⁵.
10. Stay Updated with Regulations: The trading landscape and regulations can change. Ensure you’re always in line with current FCA regulations and any updates your broker provides.

Pros & Cons of High Leverage Forex Trading

High leverage in forex trading offers traders the potential for significant profits, but it also comes with increased risks.

Here’s a breakdown of the pros and cons:

Pros of High Leverage Forex Trading:

• Greater Profit Potential: High leverage allows traders to control a large position with a relatively small amount of capital. This means that even small movements in the market can result in substantial profits.
• Flexibility in Capital Allocation: Traders with limited capital can enter markets and trade sizes that would otherwise be inaccessible. This flexibility can be particularly advantageous for beginner traders or those with smaller account balances.
• Diversification: Because less capital is tied up in each position, traders can potentially open multiple positions across various currency pairs or other assets, thereby diversifying their portfolio.
• Access to Higher Market Liquidity: Trading in larger volumes can sometimes provide access to better liquidity, ensuring smoother execution of trades.
• Margin Calls are Rare: If a trader manages risks well and uses stops appropriately, the chances of receiving a margin call can be reduced, despite the high leverage.

Cons of High Leverage Forex Trading:

• Increased Risk of Significant Losses: Just as leverage can amplify profits, it can also magnify losses. A small adverse move in the market can result in substantial losses, potentially exceeding the initial investment.
• Potential for Overtrading: The allure of high returns can tempt traders to take on more positions or trade larger sizes than they would have without leverage, leading to overtrading.
• Margin Calls: If the market moves against a leveraged position significantly, brokers might issue a margin call, requiring traders to deposit additional funds. Failure to meet the margin requirement can result in the broker closing out positions, potentially at a loss.
• Stress and Emotional Trading: The increased risk associated with high leverage can lead to heightened emotions, potentially causing traders to make impulsive decisions⁶.
• Complexity: Leveraged trading might involve additional considerations, such as understanding margin requirements and the implications of overnight financing or “swap” rates.
• Potential for Rapid Account Depletion: If not managed correctly, repeated losses in a high leverage environment can quickly deplete a trading account.

Final Thoughts

High leverage forex brokers in the UK provide traders with the opportunity to magnify their potential profits, but this comes with increased risks.

While several brokers offer enticing leverage options, it’s imperative to select one that aligns with your trading goals, offers robust security measures, and is regulated by relevant authorities.

But, for beginners, I’d recommend eToro as the best high leverage forex broker in the UK.

FAQs

You may also like:s

• Best forex brokers UK
• Best forex trading apps UK
• How to trade forex UK

Sources:

1. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-foreign-exchange-and-over-the-counter-interest-rate-derivatives-market-in-the-uk ↩︎
2. https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/foreign ↩︎
3. https://ora.ox.ac.uk/objects/uuid ↩︎
4. https://core.ac.uk/download/pdf/80499287.pdf ↩︎
5. https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0315.pdf ↩︎
6. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9105963/ ↩︎