New Guy In Town - Looking for Tips

Hi Everyone,

I am currently working my way through the ‘School’ section of this website and have no intention of trading my hard earned until I have practiced on a demo account for a while which leads me to my question.

Which Broker should I set up a demo account with?

I can see the benefit of practicing with the broker that I intend to use for the real thing, can anyone point me in the direction of a reputable broker? I have a couple of requirements that I have come up with , please feel free to correct me if they are wrong as I really am that new to it all.

  1. Must allow a dealing account in GBP
  2. Preferably using actual live currency valuations (I am not sure how live demos accounts will be)
  3. Preferably a UK based FCA registered broker
  4. I intend on only trading 1 or 2 currency pairs (certainly through demo and initially for real)
  5. I plan on being a day trader so, from what I gather, need to look for the tightest spread possible.

Any and all help is much appreciated.

Thanks