Best Derivative Brokers For UK Traders
The best derivative brokers for UK traders allow them to speculate on markets like stocks, cryptocurrencies, commodities, indices, fixed income and forex through financial instruments based on their pricing, such as CFDs or spread betting. These online brokerages are regulated by the UK’s Financial Conduct Authority (FCA) and offer a seamless blend of versatility and efficiency for both seasoned investors and beginners alike.URL :theinvestorscentre.co.uk
IG Group, a European-based derivatives broker, is one of the top online brokers for UK residents, providing a large selection of tradable assets and a range of educational tools. Traders can trade both CFD call and put options on diverse assets such as Germany 40, oil and metals through their platform. They also have access to a demo account and the Trading Academy, as well as leverage up to 1:500.
Best Derivative Brokers for UK Traders: Where to Trade Derivatives
AvaTrade, with its specialised AvaOptions platform, carves out a niche as an options broker for seasoned traders seeking sophistication and beginners looking to learn the ropes. Its multifaceted offering – from stock, index and forex CFDs to direct options – makes it one of the best U.K. options brokers, and its Trader Workstation, research and education offerings all contribute to its ranking among Benzinga’s ideal online brokerages for investors in the United Kingdom.
City Index, meanwhile, is a top option for forex traders in the United Kingdom because of its extensive asset class list and competitive prices. Its spread betting and CFD products, in particular, are particularly attractive for UK traders because they are exempt from capital gains tax.