Best for: Spread betting
City Index is an award-winning broker that offers low forex and stock index CFD trading.
There is no minimum deposit for opening an account, but there are fees for non-activity on an account and as such, may not suit those looking to take long term positions.
Considered a leader in spread betting, it offers one point per share and competitive conditions for forex pairings.
It uses its own platform, as well as MetaTrader 4. There are excellent educational tools, including a demo account, and customer service is available via live chat and phone Monday to Friday.
City Index is listed on the stock exchange.
While the portfolio is limited, it is regulated by the UK’s FCA and operates in over 8,000 markets.