Best UK online brokerage

Discussion in 'Online Brokers' started by Hedonologist, Sep 22, 2014.

  1. Hedonologist

    Hedonologist Well-Known Member

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    What is the best way for someone in the UK to trade? I'm looking into putting some money aside for day trading, and some for more longer term investments. What are the best options for both of these? I'm with Barclay's but I've heard nothing good about their own platform.
     
  2. crimsonghost747

    crimsonghost747 Senior Investor

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    Really depends on the amount of day trading we are talking about, and the amount of cash involved.
    If you are planning on being an active trader with hundreds of transactions per month then definitely take a good look at Interactive Brokers.
     
  3. fxstreet

    fxstreet Senior Investor

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    Yes, IB is very good. You need a reasonable amount of capital to trade with that broker.
     
  4. Andris

    Andris Active Member

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    I could not afford $10000 to start with IB. The alternative is Forexchief broker; with even better spreads that IB. Just $100 is enough to trade with the broker.
     
  5. fxstreet

    fxstreet Senior Investor

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    Yes, Forexchief is also a very good alternative. They have an amazing customer support and trading services. What is your experience so far?
     
    Last edited: Apr 10, 2019
  6. Duong

    Duong Well-Known Member

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    Forexchief has built a good reputation over the years. They got my attention with their low spreads. There is more to say, but that is what I needed from them.
     
  7. Andris

    Andris Active Member

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    It has been a good experience with the broker. They are professional in their dealings with me. I am currently using the Swap trading strategy which required a huge capital to start and its fruitful. The trade commission is very low, so my profit is good.
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    I know many people who use Charles Stanley - they say it is very reliable.
     

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