Regulated UK Forex Brokers

[The May Fly]

Hi Guys,

Just wondering if any of you could give me a list of Retail Forex Brokers in Britain which are regulated by the FSA. There are so many cowboys around these days and I'd like to be able to choose from a quality list. Thanks.

Michael

 

[Magos]

Will give you some not a list lol:
1. SaxoBank
2.Cmc markets
3.city index
4.odl securities
5.Alpari UK

 

[The May Fly]

Aww! Come on, don't stop there, you were doing so well too!Ha ha!! :cheesy: Just being silly. Thank you very much. It gives me a start and I'll see what they're like. Thank you for your reply.

Now, if anyone else can complete the list...

 

[wasp]

http://www.trade2win.com/boards/468551-post55.html

 

[Crap Buddist]

Online spread betting, CFDs and forex trading from GFT Global Markets UK Ltd.

Saw these guys on Bloomberg a few weeks back, they seem intent on having a piece of the retail pie , offer different umbrellas CFD, spreadbet, Spot FX, stacks of Markets, good FX coverage.

Might be worth a look ?

 

[Magos]

GFT is not bad. Have a friend working there. Flexible on IBS and retail clients.
But if go institutional should join an Investment Bank. That’s my theory

Odl & Alpari (and some others as well) have MetaTrader 4, which you can do black or gray boxes. It’s called expert advisor. You should have a look, both regulated by FSA

 

[The May Fly]

Thanks guys. I have a lot to check out. I agree with Magos about GFT, they are middle of the road. I actually have an account with Alpari and prefer them. They can be somewhat slow with fills and that's my main gripe. Thanks again.

 

[Christopher_35]

For British brokers you can also try IG Markets and BARX (Part of Barclays Bank) Both FSA

 

[Magos]

BARX mainly used for institutional clients Christopher_35.
Barclays brokers are used more for retail since they are white lable of barclays capital

 

[Christopher_35]

Barx

BARXFXPrivate Client offer a £3000min account with either a desktop application or a browser based application. I dont yet have a live account with them as I am trying their Platform out on a Demo account Please check this at FX

 

[chilltrader]

BARXFXPrivate Client offer a £3000min account with either a desktop application or a browser based application. I dont yet have a live account with them as I am trying their Platform out on a Demo account Please check this at FX

They seem to be City Index at heart.

Any idea if BARX is a Dealing Desk or NDD or an ECN ?

 

[Magos]

BARX is the platform of Barclays Capital for FX. It is connected to the trading desk in Canary.
And yes they can provide ECN.

 

[ephoenix]

Regulated Uk Forex Brokers

Check out this one
Hotspot FX- Client Money Protection

I am looking forward to sign up live with them. Anyone there having a live account with this broker?

Thanks
JR

 

[jeffreyc01]

go ahead with hotspot,i know somebody uses that,also from my opinion it is the best one in usa rite now,the reason is here:
Forums - why deleted my thread,b/c is it too important?
but the biggest drawback is its us division doesnt have trailing stop function ,while its europe division does have this function.

 

[chilltrader]

go ahead with hotspot,i know somebody uses that,also from my opinion it is the best one in usa rite now,the reason is here:
Forums - why deleted my thread,b/c is it too important?
but the biggest drawback is its us division doesnt have trailing stop function ,while its europe division does have this function.

are you a hotspot employee?

 

[jeffreyc01]

i wish i were but i am not.

 

[chilltrader]

i hope i am but i am not.

what the hell is that supposed to mean

 

[jeffreyc01]

sorry for the spelling,is it now ok?

 

[Magos]

sorry for the spelling,is it now ok?

sorry is not enough ! LoL

 

[jeffreyc01]

ok then my strong point is that give me 12 months i can trade forex with a return of 100%,do u want to cooperate to make money?