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The Top 5 Stock Trading Platforms UK

best stock trading platform UK

The list below includes five of the top online brokers for trading stocks in the UK through spread betting, CFDs and binary option platforms. The brokers are all regulated in the UK and provide CFD, spread betting or Binary option platforms to trade a variety of stocks with.

1. ETX Capital

ETX Capital is a leading online Forex, spread betting and CFDs broker that was founded in 2002 and based in London. They are regulated by financial conduct authority in the UK. Their offices are located in EC2M 2QS, London and is a member firm of the London Stock Exchange through Monecor (London) Limited. In March 2015 ETX Capital acquired the client base of Alpari UK. They are concerned in making changes as simple as possible for Alpari clients. They have installed MT4 servers resembling the one used in Alpari. ETX Capital took their initiative time to create a help line to assist Alparian clients swap their accounts and get their money back.

Features

ETX Capital offer three different trading platforms which include, ETX Trader Pro, ETX MT4 and ETX Binary. The ETX Capital Platforms are available for iPad, iPhone and all android devices and traders can choose different financial assets to trade. ETX Capital accommodate traders from various countries and have a wide choice of languages to chose from.

Account

EXT Capital has only one standard account where they allow minimum deposit of $100 and no maximum to open an active account. It offers leverage rates of 100/1 for several products up to 400/1 on some instruments on their MT4 platform.

Education

They offer a wide selection of educational materials for their client’s to be become traders. The company focus on providing quality actionable educational material for their traders through seminars to both experts and to independent retail traders. They offer training to people of different levels of trading skills and knowledge and those who want to know more about technical analysis and other aspects of becoming a successful trader.

Bonuses/promotions

ETX Capital offer a no deposit £20 sign up for new clients and a 25% first deposit bonus up to £3,750.

2. XM

The company was founded by a group of inter-bank dealers. They started XM with single purpose of improving the Forex Trading community.

Fund deposit

You can fund your account through a wide variety of deposit methods including UnionPay, credit cards, iDEAL, Moneybookers skrill, MoneyGram, Webmoney, Western Union, MasterCard, wire transfer, China Union Money and local Bank transfer.

Fund withdrawal

When you want to withdraw your money, you can use unionPay, Credit cards, iDEAL, money bookers and many other ways. XM guarantee customers fund by keeping them in a secure Barclays account and allow withdrawal the same day you deposited.

Types of accounts

• Micro trading account- ideal for traders that do not have years of forex trading experiences and would prefer an account with lower risk. You can activate the account from as low as five dollars.
• Standard trading account- this account can be used by those wishing to expose themselves to medium risk. This account involves larger contract sizes.
• Executive account- this account involves larger risk and is aimed at professional traders with a minimum deposit of $100,000 dollars to become activated
• Demonstration accounts- this is made to those who wish to try out the platform before making the decision to join.
• XM offers Islamic account for members of the Islamic community that would like to trade under Islamic laws.

Conclusion

XM is trying to come up with the modern way of adapting to the changing market environment. The broker is highly responsive to new clients as well as their regular clients. This broker no longer accepts the use of PayPal payments. A higher minimum deposit of $100,000 dollars is required for their executive account which caters to professional and expert taders. XM however offers powerful account for you across all their account levels.

3. 24option

This company is currently developing new trading platforms to make simplify how trading is done. It is owned by Rodler Limited. Since it was started, it is continuously implementing new tools to make things simpler for the users. This broker offers a demo account service that allows new users to get used to their platform without making a initial deposit. They offer a 100 percent welcome bonus for new clients on their first deposits.

Withdrawals

24option gives one free withdrawal per month to the clients, for frequent withdrawal there is a fee to be charged. This account offers no limit to the amount you can withdraw. You will receive bonuses for signing Options Bee. You can use wire transfer, money bookers, credit/debit cards, Neteller and other methods to withdraw your money.

Regulations

They were the one of the first binary options broker to have applied regulation. When you are trading with a regulated broker be sure of high level of service and protection of new comers. It has an EU Passport for operating within the European Union as per the MiFID and regulated by CySEC. When you want to choose a binary option broker, it is wise to check the list of licensed and regulated brokers.

Bonuses

The maximum trade size at 24 Option, is $100,000 per trade and their minimum trade amount is $24 while the minimum deposit is $250.

Conclusion

240ption is an easy way to trade binary options with the simple user friendly interface. They offer free trading signal that you can use when you trade with them.

4. FXCM

This one of the largest Forex brokers. It offers the best Forex trading platforms on the market that accept traders to use commodities, currencies and bitcoin.

Trading platform

The advantage of this trading platform is that it operates with 1K micro lots. They don’t accept dealing desk, this enable them to communicate directly with the traders.

Demo accounts

FXCM offer all the new traders there is a demo for about one month that makes you have experience on how to use the account before you join to prevent future losses.

Trading accounts

It provides several account designs. 100k account is an ideal for experienced traders. Opening a standard account requires an initial deposited about $2,000, and offers leverages ranging to 1:200 for nonresidents of the United States and 50:1 leverage for US-based traders. The minimum deposit for a standard account is 2000 USD.

Summery

There are varieties of choices for selecting a broker; FXCM stands to be the best. If you wish to be successful in your trade option, then with no worry FXCM is the best for you.

5. ATC Brokers

STP Brokers offer a straight through processing order execution to traders. This company offers top company service.

Funding options

There are several ways of funding your account they include, cheque, credit cards or wire, ACH for clients from the United States. Funding is always in US dollars for all the clients. When you want to withdraw you can use, checks, wire or credit cards. If you withdraw using wire transfers, you will be charged $25 while the other means are free.

Help and support

When you need help or any support, you can use the email, telephone or online chats with the ATC Brokers agents. They offer two months Meta Traders demo account and one month trading station demos.

Summary

For the best traders broker, ATC Brokers is the best for currency trading broker because it provides straight through processing instead of market making. If you are a Forex trader and you are tired of your current brokers try ATC Brokers.

image credit:Oliver O’Neill

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