In order to trade successfully, it is very important to choose the right broker. in the UK, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best ctrader brokers for beginners in the UK 2025. You can compare their features and trading conditions.
1
XM Group - Best for beginners in the UK
XM Group is a globally recognized broker, operational in nearly 190 countries and serving over 15 million traders. In 2025, the company is celebrating its 15th anniversary. The broker offers over 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. With licenses from regulators like FSC and CySEC, XM ensures a secure trading environment.
The company is committed to high-speed order execution without requotes, ensuring 99.35% of trades are completed nearly instantly. The broker's leverage varies by region, offering up to 1:1000 for some non-EU countries while maintaining strict compliance with European standards for others. The spreads start from 0.6 pips.
XM doesn't offer passive investment options like PAMM accounts but provides access to MQL5 copy trading and a VPS for algorithmic trading.
👍 Advantages of trading with XM Group for traders from the UK:
•XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;
•No “markup” on narrow market spreads (broker's margins over the spread);
•Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;
•No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;
•Around the clock support for 5 days a week in more than 30 languages.
👎 Disadvantages of XM Group for traders from the UK:
•Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.
2
FxPro - Best for beginners in the UK
FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, including Forex, stocks, commodities, indices, and cryptocurrencies. It is regulated by reputable authorities – FCA, CySEC and others.
The broker stands out with its focus on technology and offers an average order execution speed of 14-30 ms, setting a market benchmark. FxPro also provides an impressive suite of trading tools and educational resources, such as Trading Central analytics. The minimum deposit of $100, however, is higher than some competitors.
With a company capital exceeding 100 million euro, and a track record of reliability, FxPro stands out as a top-tier choice for traders looking for a secure and dynamic trading environment.
👍 Advantages of trading with FxPro for traders from the UK:
•Negative Balance Protection of a client on a real account is a unique broker service. It has an automated transaction monitoring and a risk management system, the capital is guaranteed not to go into a negative balance;
•insurance of client funds at the expense of the broker participation in an investor compensation fund;
•beginner traders will be able to access tested advisors;
•a full package of services is available to the client regardless of the balance of his account;
•VIP account holders are offered a personal manager and get a Free VPS;
•company capital exceeds 100 million euros;
•offers swap-free accounts for customers whose religious beliefs do not permit swapping eg. Islamic traders;
•the reliable trading environment provided by the competent educational and research department.
👎 Disadvantages of FxPro for traders from the UK:
•it is not the best choice for beginner traders who are looking for their first broker as the minimum deposit of $100 is considered high;
•difficulties registering in an affiliate program.
3
IC Markets - Best for beginners in the UK
IC Markets stands out as a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more.
The broker provides ultra-fast execution with order speeds up to 40 milliseconds facilitated by its top-tier liquidity partners and processes over $29 billion in Forex trades daily. With a strong focus on active traders, it offers ECN accounts with raw spreads from 0 pips and leverage up to 1:500 (based on which regulator's rules apply to a trader's account). Copy trading is also well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC Markets clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.
👍 Advantages of trading with IC Markets for traders from the UK:
•Availability of three licenses;
•Wide range of assets;
•Standard and ECN account types for trading on different platforms;
•Mobile apps for Android and iOS-based devices;
•Scalping, hedging, and algorithmic trading are allowed;
•Minimum delay when executing orders and ultra-fast market execution;
•Competitive trading fees;
•Wide choice of social trading and copy trading platforms;
•24/7 support via live chat;
•Demo accounts on MT4, MT5, and cTrader;
•Swap-free accounts are available for Muslim traders.
👎 Disadvantages of IC Markets for traders from the UK:
•Education materials available on the website are not very informative or diverse;
•Rebates are available outside Australia and the European Economic Area;
•Not all clients are equally protected since compensation for investment is subject to the trader's country of residence.
4
Scandinavian Capital Markets - Best for beginners in the UK
Scandinavian Capital Markets is a Forex broker that has been operating in the financial market since 2011. The company offers trading currency pairs, cryptocurrencies, and precious metals. The broker's head office is located in Sweden, and Scandinavian Capital Markets SCM AB is registered with Finansinspektionen (Swedish Financial Supervisory Authority) under registration number 80438.
👍 Advantages of trading with Scandinavian Capital Markets for traders from the UK:
•Opportunity to choose optimal trading conditions due to flexible settings when opening an account;
•Trading through MetaTrader 4 and cTrader with the opportunity to connect the FIX API (a protocol for the rapid exchange of large amounts of financial information);
•Automated trading and copy trading are available;
•Availability of a demo account;
•The broker offers partnership programs for passive income.
👎 Disadvantages of Scandinavian Capital Markets for traders from the UK:
•The broker does not provide cent accounts;
•Limited choice of payment systems for depositing and withdrawing funds;
•Trading stocks, futures, indices, and options are not available.
5
Tradeview - Best for beginners in the UK
Tradeview Markets is an ECN and CFD broker that has been operating since 2004. The company offers trading with 5 asset classes. There is also a separate Tradeview Markets unit providing stock CFD trading services. The office is headquartered in the Cayman Islands. Over 100 000 clients from different countries use the broker’s services. The broker operates under a financial services license issued by the Cayman Islands Financial Regulator (CIMA, 585163) and the Malta Financial Services Authority (MFSA, C 93990).
👍 Advantages of trading with Tradeview for traders from the UK:
•Over 100 trading instruments.
•Spreads from 0.1 pip.
•Five types of trading terminals.
•Access to the cTrader Copy service.
•Low threshold for entering the market from $100.
👎 Disadvantages of Tradeview for traders from the UK:
•Limited training.
•Technical support works 24/5 only.
•There are withdrawal fees.
TOP 5 Comparison
This table makes it easy to compare the best ctrader brokers for beginners in the UK for 2025 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
XM Group | FxPro | IC Markets | Scandinavian Capital Markets | Tradeview | |
---|---|---|---|---|---|
Trading platform |
MT4, MT5, Mobile Trading, XM App |
MT4, Mobile Trading, MT5, cTrader, FxPro Edge |
MT4, cTrader, MT5, TradingView |
cTrader, MT4 |
MT4, MT5, cTrader, Сurrenex, Mobile platforms, Sterling Trader |
Min deposit |
$5 |
$100 |
$200 |
$250 |
$100 |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0.8 points |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
Level of margin call / stop out |
No |
No |
No |
No |
No |
Execution of orders |
Market Execution |
Market Execution |
Market Execution |
ECN |
Market Execution |
No deposit bonus |
No |
No |
No |
No |
No |
Cent accounts |
No |
No |
No |
No |
No |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
XM Group Commissions and Fees
Traders Union analysts have analyzed the main and additional commissions for each XM Broker account. There are no additional commissions on all accounts.
Account type | Spread (minimum value) | Withdrawal commision |
---|---|---|
Ultra Low |
From 6 USD |
No |
Zero |
From 0 USD |
No |
FxPro Commissions and Fees
Traders Union professional team has analyzed FxPro trading conditions for commissions. For comparison and reference convenience, the results have been presented in the table.
Account type | Spread (minimum value) | Withdrawal commision |
---|---|---|
Standard |
From $10 |
No |
cTrader |
From $5 |
No |
Raw+ |
From $5 |
No |
Elite |
From $3 |
No |
IC Markets Commissions and Fees
Trading fees include spreads, fees per lot, and swaps. IC Markets has variable spreads from 0.8 pips on Standard and from 0 pips on ECN account types. Therefore, fees for one instrument can vary subject to the time of day and the market situation. Fees per lot are charged only on ECN account types. They are $7 per lot on MT4/MT5 and $6 on cTrader. Swaps are charged when positions are transferred overnight, but they do not apply to the Islamic account type. Non-trading fees are fees not related to trades. At IC Markets, these are withdrawal fees when using international bank transfers. The broker doesn’t charge other non-trading fees.
Account type | Spread (minimum value) | Withdrawal commision |
---|---|---|
Standard |
$8 |
Bank fees apply |
Raw spread MT4/MT5 |
$0 |
Bank fees apply |
Raw spread cTrader |
$0 |
Bank fees apply |
Islamic |
$0 |
Bank fees apply |
Scandinavian Capital Markets Commissions and Fees
TU specialists analyzed trading and non-trading fees of Scandinavian Capital Markets. Since clients can create account conditions themselves, a trading fee depends directly on spreads which range between $0-$3.5 per lot. The larger the spread, the lower the fee. The broker may charge a $25 fee for withdrawals made by wire transfer. Also, there is a fee of $20 per month for accounts that have been inactive for more than 6 months.
Account type | Spread (minimum value) | Withdrawal commision |
---|---|---|
With a minimum fee of $0 |
$20 |
May be charged for withdrawals made by bank transfer |
With an average fee of $2 |
$10 |
May be charged for withdrawals made by bank transfer |
With a maximum fee of $3.5 |
$0 |
May be charged for withdrawals made by bank transfer |
Tradeview Commissions and Fees
The experts at Traders Union analyzed trading and non-trading fees of Tradeview Markets brokers. The spread is held on a standard X Leverage Account as a brokerage commission. The average spread is 0.2 pips. The Innovative Liquidity Connector account type has a flat trade fee of $2.50. The broker charges withdrawal fees for wire transfer ($35), Neteller (1.5%), and Skrill (3%) in terms of non-trading fees. There is also a commission for account inactivity. It is $50 per month, and it is charged after 6 months of inactivity.
Account type | Spread (minimum value) | Withdrawal commision |
---|---|---|
X Leverage Account |
from $2 |
Yes |
Innovative Liquidity Connector |
from $0 |
Yes |
Summary
Many brokers are available for traders from the UK, but not all of them offer good conditions. In this review, TU experts chose the Best ctrader brokers for beginners in the UK 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best cTrader Brokers For Beginners in the UK
XM Group | FxPro | IC Markets | Scandinavian Capital Markets | Tradeview | |
---|---|---|---|---|---|
Overall score |
9.1 |
7.9 |
7.46 |
5.18 |
6.25 |
Execution of orders |
9.35 |
8.25 |
9.45 |
2.65 |
4.01 |
Investment instruments |
9.2 |
10 |
9.9 |
9.2 |
7 |
Withdrawal speed |
7 |
6 |
8 |
9 |
8 |
Customer Support work |
8.7 |
8.9 |
7.19 |
1.44 |
6.31 |
Variety of instruments |
8.02 |
9.27 |
8.02 |
6.37 |
7.02 |
Trading platform |
8.9 |
9.2 |
7.51 |
1.05 |
5.61 |
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FAQ
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Is it possible to work with offshore brokers?
It is best not to work with offshore brokers. However, if you have chosen such a company, you need to check and analyze it very thoroughly. There are offshore brokers with good reputations. Before you start working with such a company, deposit the minimum amount and start trading. Once you’ve worked with the broker for a little while and checked how it operates and how quickly it processes withdrawals, you can start depositing higher amounts.
Best cTrader Brokers For Beginners by Countries
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.