Hello everybody, Started a forex mastery course ,“Really helpful” But been having a hard time choosing a broker , I am in the UK , Do you have suggestions ? Thanks in anticipation
I’d be surprised if there’s much difference between them. If you’re going for a UK-based and FCA-regulated broker, they’re all regulated in the same way. Which means pretty damn tight.
Don’t forget that spreadbetting firms are regulated in the same way, except that spreadbetting profits are always tax-free. Their spreads are not as narrow as conventional brokers, but that’s only going to make a difference if you’re scalping. Which as a new trader you shouldn’t be bothering with.
But they don’t charge commission. At least mine doesn’t The size difference of the spread pretty much exactly cancels out the cost of commission on a CFD account.
As for the OP question, pick somebody regulated by the FCA as tommor suggests, most big brokers are much of a muchness.
1 Like
TD365 have fixed spreads. Recommended.
Better using offshore would be my advice, better leverage
Coinexx can be an option. Good conditions!