The maximum level of compensation for claims against firms is 50,000 per person per firm. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions. wptab Latest posts by John Walker ( see all ).
This feature makes the UK brokers attractive even to the citizens of other countries. FX companies based in the.
The bid price is the price the broker is willing to buy base currency at, in exchange for the counter currency. You will find 86 brokers listed in the table below. Account Size, broker Rating, min. Additionally, UK Forex brokers provide an opportunity to trade with a tightly regulated company without all the hassle and limitations of the US-based and NFA-regulated FX companies.
No country is free of scandals and fraud, but when it comes to security, the United Kingdom probably offers the best solutions for safe foreign currency trading to anyone. Basic Forex Glossary Why to trade forex online? The long position means somebody wants to buy the base currency, and sell the counter currency. Not only it is the largest financial market, where hundreds of billions of dollars are getting exchanged every single day, it is actually a market that is still growing, and because of its fluidity and sheer size, it is considered to be the most efficient. Benefits Whats CFD Trading. When it comes to foreign currency trading, the United Kingdom offers plenty of experienced dealers with great reputation, making the country one of the most well-equipped places in the whole world for foreign currency trading. Weve already discussed what is the base, and counter currency is, but there are some other important elements. The spread is the difference that will be between the bid, and the ask price. You firmly believe in the regulatory power of the British Financial Conduct Authority. While Forex market is an international decentralized entity, where trading operations are mainly processed online, it can be a good idea to deal with a broker that is based or at least has some offices in the country of your residence.
RoboForex.5.01 1:2000, fXGlory.3.01 1:3000, videforex 250 -.01 1:100 eToro 200.3.1 1:400, fXOpen.1.001 1:500, city Index 250 -.01 1:30 m 250.4.1 1:200 Interactive Brokers 10,000 -.25 1:100 oanda.4. Risk Warning: Your capital is at risk. The FCA is an independent agency that has the responsibility of regulating all financial companies and individual investors in the Forex trading market. This organization is an independent body, that not only regulates, but supervises the whole financial services industry in the United Kingdom. Forex brokers that are presented here have offices in the United Kingdom and offer local contact information and support. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the best price somebodys willing to sell their counter currency.