If you are best broker for day trading uk for the best broker for day trading uk, you need to find one that offers all the features and instruments you need based on your trading strategy. Some of these include real-time quotes, customizable charts and graphs, educational resources, order types, risk management tools, and mobile access. You should also consider whether the broker is regulated by the Financial Conduct Authority (FCA). You can check this on their website by entering their FCA reference number or by searching for “clone” brokers, which are frauds that imitate a legitimate broker’s website to defraud traders.
Day Trading Unleashed: The Top 5 Brokers for Day Traders in the UK
XTB offers an extensive array of assets for traders, including stocks, indices, forex, ETFs, and commodities. Their customer support is also top notch, with a dedicated team available via email, live chat, and phone. This is important because, as a trader, you will rely on customer service on a daily basis, and it’s good to know that your broker makes this a priority.
IG is another great option for day traders, as they offer CFDs and spread bets on more than 17,000 markets. They have low spreads and no commission on most CFDs, and they also provide social trading, which allows newcomers to the market to copy successful traders’ trades. They accept a variety of funding methods, including credit and debit cards, PayPal, and bank transfers, with no minimum deposit.