Best Forex Brokers UK for Beginners 2026
Top FCA-regulated brokers with educational resources, demo accounts, and beginner-friendly platforms for new UK traders.
Written by
Lisa Martinez
Fact Checked by
James Wilson
Top 10 Beginner-Friendly Forex Brokers for UK Traders
Starting your forex trading journey in the UK requires a broker that offers comprehensive education, intuitive platforms, and strong regulatory protection. We've identified FCA-regulated brokers that excel at supporting beginners with demo accounts, educational content, responsive customer support, and low minimum deposits. These brokers make learning to trade accessible while keeping your funds protected.
What's the best forex broker for beginners in the UK?
XM is often recommended for UK beginners due to its £5 minimum deposit, comprehensive education, unlimited demo account, and excellent 24/5 support. AvaTrade and IG are also excellent choices with strong educational resources.
Beginner-Friendly Features
Compare features that matter most to new traders.
| Broker | ||
|---|---|---|
| XM | Excellent | |
| AvaTrade | Excellent | |
| Exness | Good | |
| HFM | Good | |
| FXTM | Excellent | |
| Axi | Good | |
| IG Group | Excellent | |
| CMC Markets | Excellent | |
| XTB | Excellent | |
| City Index | Good |
Detailed Broker Analysis
Best overall broker for UK beginners.
XM stands out for beginners with comprehensive educational webinars, a £5 minimum deposit, and excellent 24/5 support. Their demo account has no time limit, allowing new traders to practice indefinitely.
Award-winning education for beginners.
AvaTrade offers extensive educational resources including video courses, webinars, and trading guides. Their AvaProtect risk management tool helps beginners limit losses.
Zero minimum deposit for new traders.
Exness removes barriers for beginners with no minimum deposit and no inactivity fees. Their intuitive platform and instant withdrawals make for a stress-free learning experience.
Copy trading for learning traders.
HFM helps beginners learn by copying experienced traders. Their educational resources and flexible account options make forex accessible for UK newcomers.
Excellent education with low entry.
FXTM provides extensive educational content including webinars, seminars, and trading guides. Low £10 minimum deposit makes starting accessible for beginners.
Educational tools and easy platform.
Axi provides a clean, intuitive interface ideal for beginners. Their educational resources and Autochartist integration help new traders learn technical analysis.
50+ years of trusted education.
IG offers world-class educational resources including IG Academy, webinars, and in-depth guides. Their 50+ year history provides unmatched experience supporting UK traders.
Award-winning platform and research.
CMC Markets provides excellent research tools and their Next Generation platform includes pattern recognition and advanced charting for developing analytical skills.
xStation platform is beginner-perfect.
XTB's xStation platform is one of the most beginner-friendly in the industry. Their trading courses and market analysis help new traders develop skills systematically.
Strong support with excellent mobile app.
City Index provides responsive customer support and an excellent mobile app for learning on the go. Their educational resources cover fundamentals to advanced strategies.
Frequently Asked Questions
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January 2026