Forex trading app uk is the act of speculating on changes in prices in the foreign exchange market. By selling one currency while simultaneously buying another, traders make profits by taking advantage of price fluctuations. The UK is a major hub for forex trading and many of the best-rated online trading providers are based in or licensed in Britain. The top forex or CFD brokers will offer a user-friendly trading platform that is suitable for all levels of experience and comes with a variety of features to help you make informed trading decisions. Most also offer a free demo account that you can use to practice your skills.

Trade on the Go: The Best Forex Trading Apps in the UK

A top forex broker in the UK will offer a range of trading instruments and markets to choose from. IG, for example, offers over 17,000 tradable instruments including FX pairs, commodities, indices, shares and ETFs, and cryptocurrencies. Its web and mobile platforms are intuitive, easy to navigate, and feature a variety of risk management tools. The company is regulated by the FCA and offers negative balance protection and segregated accounts for clients’ funds.

Many forex traders in the UK choose to trade with a regulated broker because it is safer and provides better protection. The FCA regulates the forex market and requires all forex brokers to be licensed before they can accept UK traders. This ensures that traders’ funds are protected in the event of a default by their broker and reduces the risk of scams.