Good uk broker?
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Online vik2001

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Good uk broker?
« on: July 21, 2019, 06:57:26 PM »
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.
« Last Edit: July 21, 2019, 07:00:16 PM by vik2001 »
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sidewalk-star

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Re: Good uk broker?
« Reply #1 on: July 21, 2019, 07:40:22 PM »
My preference is AxiTrader (UK) or CMC Markets. Both are FCA regulated and both offer protection of your funds via the Financial Services Compensation Scheme (FSCS).

I usually withdraw directly to my bank account (takes a couple of days, sometimes quicker if a large amount).

I cannot speak for PayPal withdrawals, best to check with them.

When you say large sum, bear in mind the FSCS only covers up to £85,000 per account, so you may need to diversify with different brokers if you intend to deposit more than this.
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Offline Penumbra

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Re: Good uk broker?
« Reply #2 on: July 21, 2019, 07:57:54 PM »
Only one answer:
Darwinex, simply great guys!
https://www.darwinex.com/
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Offline Nasdaq100

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Re: Good uk broker?
« Reply #3 on: July 22, 2019, 04:53:42 AM »
Quote from: vik2001 on July 21, 2019, 06:57:26 PM
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.

When u say a large sum, how much?

I saw a few posts on this and other forums were a large sum is about $1000!

Anyways, if it's large enough perhaps you need to look for brokers with good institutional deals
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Offline petersurrey

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Re: Good uk broker?
« Reply #4 on: July 22, 2019, 05:15:41 AM »
Quote from: Penumbra on July 21, 2019, 07:57:54 PM
Only one answer:
Darwinex, simply great guys!
https://www.darwinex.com/

Agreed  - one of the best for spreads, customer service & instant withdrawals.
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Offline Penumbra

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Re: Good uk broker?
« Reply #5 on: July 22, 2019, 07:04:35 AM »
Oops, forgot...these guys top even that, depending on what you want to trade.
www.interactivebrokers.co.uk
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Offline user456

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Re: Good uk broker?
« Reply #6 on: July 22, 2019, 07:23:41 AM »
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Online vik2001

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Re: Good uk broker?
« Reply #7 on: July 22, 2019, 10:46:59 AM »
Quote from: Nasdaq100 on July 22, 2019, 04:53:42 AM
Quote from: vik2001 on July 21, 2019, 06:57:26 PM
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.

When u say a large sum, how much?

I saw a few posts on this and other forums were a large sum is about $1000!

Anyways, if it's large enough perhaps you need to look for brokers with good institutional deals

20 to 40k i was looking at.

Cool will look at darwinex for their spreads. Can you chamge their leverage or is it fixed?

I was also looking at Varianse. Anyone tried them?
« Last Edit: July 22, 2019, 12:34:35 PM by vik2001 »
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Offline HFT Group

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Re: Good uk broker?
« Reply #8 on: July 22, 2019, 01:52:25 PM »
Quote from: vik2001 on July 22, 2019, 10:46:59 AM
Quote from: Nasdaq100 on July 22, 2019, 04:53:42 AM
Quote from: vik2001 on July 21, 2019, 06:57:26 PM
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.

When u say a large sum, how much?

I saw a few posts on this and other forums were a large sum is about $1000!

Anyways, if it's large enough perhaps you need to look for brokers with good institutional deals

20 to 40k i was looking at.

Cool will look at darwinex for their spreads. Can you chamge their leverage or is it fixed?

I was also looking at Varianse. Anyone tried them?

I have had good feedback from clients trading with Varianse. The forum has an IB deal for Varianse: https://donnaforex.com/index.php?topic=19466.0
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Offline ForexCyborg

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Re: Good uk broker?
« Reply #9 on: July 22, 2019, 02:39:32 PM »
Quote from: vik2001 on July 22, 2019, 10:46:59 AM
Quote from: Nasdaq100 on July 22, 2019, 04:53:42 AM
Quote from: vik2001 on July 21, 2019, 06:57:26 PM
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.

When u say a large sum, how much?

I saw a few posts on this and other forums were a large sum is about $1000!

Anyways, if it's large enough perhaps you need to look for brokers with good institutional deals

20 to 40k i was looking at.

Cool will look at darwinex for their spreads. Can you chamge their leverage or is it fixed?

I was also looking at Varianse. Anyone tried them?


If you compare spreads of the following three Brokers Darwinex, AxiTrader and Varianse, the cheapest will be the AxiTrader Pro-account. Darwinex and Varianse have nearly equal spreads on some pairs, but Darwinex has some better spreads on a few pairs.

So overall AxiTrader pro > Darwinex > Varianse.

I only compared spreads in this case.
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Online vik2001

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Re: Good uk broker?
« Reply #10 on: July 22, 2019, 03:48:57 PM »
Varianse charge a comission fee to pay with debit\credit card but free for bank transfer. I normally like paying with debit card.
I have a closer look at darwinex mt4.
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Offline HFT Group

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Re: Good uk broker?
« Reply #11 on: July 22, 2019, 09:59:40 PM »
Am in talks with Darwinex currently re. a deal which will be made available through the forum broker deals.
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Offline drunkfx

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Re: Good uk broker?
« Reply #12 on: July 23, 2019, 02:25:41 PM »
Quote from: vik2001 on July 21, 2019, 06:57:26 PM
I need a uk broker who's fca regulated. Will be depositing a large sum.
Trades will be open for 1 to 5 days max.

Easy withdrawals required to. PayPal option ideal.

You can try Hotforex, Tickmill or IB. I consider them best among FCA brokers.
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Offline compujock

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Re: Good uk broker?
« Reply #13 on: July 23, 2019, 10:54:54 PM »
I have accounts with Axitrader, Tickmill, and Darwinex (and others).   All good brokers.   I don't like to put my money all in one place though, just in case.  With FCA regulation you will most likely get your money back, but these things can take quite a long time due to the speed (or lack there of) of the legal system.  So, I don't like to take the chance that all my investment money would be tied up for a long period of time.  Diversify.  But be sure the diversification is only in the best and most honest brokers.
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Online vik2001

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Re: Good uk broker?
« Reply #14 on: July 24, 2019, 11:37:45 AM »
Yea thats exactly what im doing diversifying. I already have accounts with icmarkets and tickmill. However wanted to move away from icmarkets to a fca regulated one.
Cant complain with tickmill uk or IC they been great.
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