Best CFTC Regulated Trading Brokers in the UK

Our list of Best CFTC Regulated Trading Brokers in the UK
96,812 User Reviews
3.5 rating
3.5
9,056 User Reviews
3.6 rating
3.6
1,710 User Reviews
3.5 rating
3.5

Commodity Futures Trading Commission (CFTC) refers to the regulatory body for trading financial derivatives in the U.S.. To fully experience forex trading gains, you must engage fully as a legal trader. Although each trader has something that makes them unique, there are a few key factors that can help you decide.

First, start trading using a broker with a minimum deposit that complements your budget. Second, brokers need to be reliable with a good track record to secure your trading funds. That being said, we’ve done the hard work and found the best CFTC trading brokers in the UK. Check out our findings below.

How we test?

Our test process is really based on two different aspects: our independent tests and research, as well as user reviews from Google Play, the App Store, and Trustpilot, etc.

The first thing we do when testing is to check every detail and test every tool and instrument. Our experts spend more than 200 hours on every article. We pay special attention to the specific function or the criteria that we’re comparing during the comparing stage. This means that we must determine which broker is more suited for beginners, and which is better suited for experts, for example. Find out more about our test process here.

Compare Best CFTC Regulated Trading Brokers in the UK

Our experts have taken time to do a deep dive into the best CFTC regulated brokers.  To guide our conclusion, we focused on all the features our readers are seeking to experience such as license and regulations, trading platforms, and charges, among others. As a result, the trading brokers that have come out on top tick all the boxes.

To counter check our conclusions, we have also gone over 160k user reviews from Trustpilot, Google Play, and Apple Store. This helped us determine the standout CFTC regulated traders and list them here for you. Check out the table below for a snapshot of our ratings.

Regulations
Demo Account
Minimum Deposit
EFT Assets
Broker’s Platform
Payment Methods

Compare with other broker
License
Demo account
Minimum deposit
ETFs Assets
Software
Payment
IG Markets UK
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
ASIC, FCA
Yes
£250
No
MetaTrader 4, WebTrader
Paypal, Bank Wire Transfer, Credit cards, Neteller, Skrill
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
CFTC, FINRA
Yes
$100 (£72)
29
Trader Workstation (TWS)
US ACH, IB, Check, Canadian EFT transfer, SEPA, Initiated at IB BACS, GIRO/ACH, NZD ACH
Visit siteRead Review
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
CFTC, ESMA, FCA, ASIC
Yes
$100 (£72)
No
MetaTrader 4, MetaTrader 5
Bank Wire Transfer

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1. IG Markets - Overall Best CFTC Regulated Trading Broker in the UK

IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets

There are more than 17,000 financial markets available from IG Markets. This is excellent for any trader, whether experienced or novice. The financial markets available for trading include forex, shares, commodities, and indices.

This broker also provides a significant pool of information to ensure that trading is seamless and meets immediate customer needs. To make this happen, traders receive live prices with instant alerts. Furthermore, cryptocurrencies trading is acceptable.

TradingGuides Rating:
✔ Extensive range of offerings
✔ Leading broker with low fees
3.7 rating
3.7
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
36 User Reviews
google
11,737 User Reviews
apple
20.3K User Reviews
TradingGuide
Our Rating
Total Rating:
32,073 User Reviews
Pros
  • Easy to navigate.
  • Wide range of options for beginners and experienced traders.
  • No withdrawal fee charges are applicable.
Cons
  • Trading fees are relatively high.
  • Charges an inactivity fee.

2. Interactive Brokers - CFTC Regulated Trading Broker with The Low Minimum Deposit

interactive brokers
interactive brokers
interactive brokers
interactive brokers
interactive brokers
interactive brokers
interactive brokers
interactive brokers

Interactive Brokers is an excellent option for advanced trading with minimal risk or concern. In addition, active traders appreciate that this site offers a low minimum deposit and exceptionally low fees for each trade.

On Interactive Brokers, the tradable securities include forex, stocks, bonds, mutual funds, metals, and ETFs. Traders can enjoy advanced shortcuts for excellent offers in real-time. The one feature that makes this broker stand out from others is it’s excellent value.

TradingGuides Rating:
✔ One of the oldest broker
✔ Top trading platform for advanced
3.6 rating
3.6
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
1,187 User Reviews
google
6,769 User Reviews
apple
1.1K User Reviews
TradingGuide
Our Rating
Total Rating:
9,056 User Reviews
Pros
  • Mutual funds with no transaction fees are available
  • 24-hour support, six days a week
  • Low account maintenance fees of up to £10 monthly
Cons
  • Customer service responses are slow, often taking more than 24 hours
  • The website is difficult to navigate.

3. IG Markets - CFTC Regulated Trading Broker with the Lowest Spreads in the UK

IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets
IG Markets

Any trader looking for comprehensive trading services in the UK will enjoy the offerings from IG Markets. Through integrations with modern trading platforms, it is possible to trade on the lowest spreads available.

For spread betting, straightforward minimum spreads are available. Traders can choose between spot forex bets for quick trades and forward forex for major pairs. To ensure that no opportunities are missed, traders are contacted before positions expire for roll-over options. It is possible to customize the trading platform to meet your needs.

TradingGuides Rating:
✔ Extensive range of offerings
✔ Leading broker with low fees
3.7 rating
3.7
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
36 User Reviews
google
11,737 User Reviews
apple
20.3K User Reviews
TradingGuide
Our Rating
Total Rating:
32,073 User Reviews
Pros
  • Excellent education tools
  • Minimum spreads of just one pip
Cons
  • Customer Support is slow

4. Forex.com - CFTC Regulated Trading Broker for Beginners

forex.com
forex.com
forex.com
forex.com
forex.com
forex.com
forex.com
forex.com

When you are new to trading, Forex.com is the place to begin. The platform is easy to navigate and offers reliable execution for trades. To open an account, deposit at least £100. However, you can try out the demo mode to familiarise yourself with trading before using your deposit.

There are more than 80 currency pairs as well as indices, bonds, equities, commodities, cryptocurrencies, and ETFs available for trade. For beginners with safety concerns, Forex.com features biometric and two-factor authentication for its mobile application.

TradingGuides Rating:
✔ Unparalleled forex service
✔ Wide array of offerings
3.5 rating
3.5
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
114 User Reviews
google
1,527 User Reviews
apple
69 User Reviews
TradingGuide
Our Rating
Total Rating:
1,710 User Reviews
Pros
  • UK traders benefit from trader protection.
  • Numerous currency offerings available.
  • High-volume traders are eligible for rebates.
Cons
  • Desktop platform not user friendly

5. Oanda - Best CFTC Regulated Broker for Stock Trading

New and professional traders will have rich trading experience on the Oanda trading platform. There are more than 120 instruments available to trade, including stocks, bonds, currency pairs, indices, and more. In addition, all traders can take advantage of the educational resources.

Stock trading is simple on this site due to the intuitive technology that allows for fast trading. Some of the other features on this platform include mobile chart trading, access to real-time prices, automated notifications, and much more.

Pros
  • No minimum deposit required
  • Multilingual customer support available
  • Excellent research tools
Cons
  • Benchmark fees, CFD fees and withdrawal fees apply

6. Forex.com - Best CFTC Regulated Broker for Forex Trading

forex.com
forex.com
forex.com
forex.com
forex.com
forex.com
forex.com
forex.com

Forex traders who are looking for every forex advantage in one place will appreciate the offerings on Forex.com. However, the reason so many traders are attracted to this platform is the features that it has to offer. These include low account minimums, excellent education tools, and more than 80 currency pairs.

Forex.com also has the benefit of convenience as your trading account can be integrated into other third-party platforms. In addition, the platform includes a list of indicators which is an advantage for forex traders seeking a technological edge.

TradingGuides Rating:
✔ Unparalleled forex service
✔ Wide array of offerings
3.5 rating
3.5
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
trustpilot
114 User Reviews
google
1,527 User Reviews
apple
69 User Reviews
TradingGuide
Our Rating
Total Rating:
1,710 User Reviews
Pros
  • Low trading fees
  • Good range of instruments
Cons
  • Inactivity charges apply

What is CFTC?

CFTC stands for Commodity Futures Trading Commission, which is the regulatory body for financial markets. It was formed in 1974 in the United States and has earned a good reputation for ensuring that derivatives markets meet strict requirements. Through this body, efficient and competitive markets are highlighted. Although not essential for UK traders, CFTC regulated platforms offer additional protection.

How to Choose the Best CFTC Regulated Trading Broker in the UK

There are lots of CFTC regulated trading brokers that traders in the UK can choose from. As you consider which one is the best for you, think of your individual requirements. For example, if you are a beginner, you may seek an intuitive or easy-to-understand platform. Here are key features that you should look out for.

The best trading platforms need to be legitimate, which calls for ensuring that they are regulated. The CFTC is just one regulatory body. With FCA regulating the platform as well, UK traders can trust in the security and fairness of the platform.

It becomes easier to connect with the right markets through third-party trading platforms within the site or app. Look out for industry-leading software such as Meta Trader platforms. They will have built-in features that help make trading faster and more efficient.

The best trading brokers make it easier for traders by bringing down the total fees and charges. Some brokers offer low minimum deposits so that trading can begin with small amounts in the trading account. Others eliminate the charges so that there is more available for withdrawal from successful trades.

This is an essential feature if you are just starting. With a demo account, you get to try to learn the ins and outs of training. Ideally, you can build up your skill before you start trading with real money.

These tools include research information, as well as educational tools to help make you a better trader. This way, traders can try out the different financial instruments until they find one that meets their needs and requirements.

As you are trading, you will need to reach out and get some help from the support team. Make sure that there is customer support available. Ideally, support should be available through email, phone, and live chat.

The CFTC regulated brokers offer excellent trading conditions so that traders are assured that their funds are safe. Moreover, they also have procedures in place for the management of complaints when any issues arise.

FAQ

What products does the CFTC regulate?

The CFTC regulates derivatives products from financial markets in the U.S.. These include swaps, futures, stocks, forex, mutual funds, bonds, ETFs, and different options.

How do I contact CFTC?

To contact the CFTC, there are numerous options. From the CFTC website, you can fill the Tips and Complaints Form. You can also contact a specific office by going through the contact index on the site. This will link you to a particular office.

Are CFTC regulated forex brokers safe?

Yes, CFTC regulated forex brokers are safe. To get their regulation status, they need to meet a range of stringent requirements outlined by the CFTC.

How do I check if a broker is regulated by CFTC?

To check whether a broker is regulated by the CFTC, you need to visit the CFTC register.

What does the CFTC do?

Through regulation, the CFTC can prohibit fraudulent conduct from traders or brokers. In addition, it is essential for promoting integrity and resilience in derivative markets. It ensures that all brokers are transparent in their communication with traders.

What products does the CFTC regulate?
How do I contact CFTC?
Are CFTC regulated forex brokers safe?
How do I check if a broker is regulated by CFTC?
What does the CFTC do?

Conclusion

It should be clear that it is vital to pick a broker based on your unique needs. The best way to vet the broker before exploring their offerings is to check whether the CFTC regulates them. Then, with the right broker, you are on the right track to confidently and successfully trade.

Thadeus Geodfrey

Is a regular dad trying to be smart about how we play and win in this big game of life. He has worked within the very best of the financial industry producing numerous training resources. He is an experienced copywriter with immense financial background. Now earns a full time living as a Trader, and as our writer.

His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
If he is not trading or writing, he is at the gym.