Recommended for: High volume trading
Another well-established broker, FXCM has served forex traders since 1999.
It offers a comparatively low range of currency pairs, with just 39 available, and its spreads are a little above the market average. However, for those looking to trade often and at high volume, its Active Trader account provides very competitive pricing.
FXCM also offers multiple trading platforms, including MT4, NinjaTrader, ZuluTrade and its proprietary platform, Trading Station.
Leverage is available up to 30:1 on many major pairs, and a minimum deposit of £300 is required for standard accounts. The Active Trader account requires a minimum deposit of £25,000.