Thread: Best UK FCA-regulated FX Broker?

Originally Posted by ;

quote Most are newer and generally they don't understand what you've just mentioned. In short, you are right.

Good point. Cheers

Originally Posted by ;

Hi guys, the title says it all. I am among those Alpari survivors (lol) and I am just scouting my next destination. I'd prefer an STP/DMA broker with spreads no commissions. Currently I've opened a new account with ActivTrades and they seem great (I need to test withdrawing funds to determine how that goes). Their spreads are excellent and slippage seem minimal. Yet 1 downside with ActivTrades is that their servers are GMT 1 (?) , they have a 6 week and I started off with New York Close pubs .Alternatively I have...

Hi xMeruem,

Your forum profile cites you live in the UK. Have you ever considered http://bit.ly/2bTvzFE?

A standard FXCM spread betting account provides you the same No Dealing Desk (NDD) FX execution available to our non-spreading betting clients with the crucial distinction being that spread betting enjoys particular tax-free standing in the UK and Ireland. Since spread betting regulations prohibit brokers from charging a separate commission on trades, FXCM provides a predetermined pip markup to spread betting accounts rather. This means you can trade tax-free to the NDD model without any commissions. What's more, our Trading Station platform utilizes New York Close charts, so there are five 24-hour daily candles each week.


* Spread betting is only available to residents of the UK and the Republic of Ireland. The UK tax treatment of your betting activities depends on your circumstances and may be subject to change in the future, or may disagree in different authorities.

Originally Posted by ;

quote Curious why exemptions bothers individuals if their spreads are reduced. Its a lot easier when spread, to know your costs markups are not there or even corrected on the fly with some brokers. I know inherently if you know costs are there anyways although nobody would like to pay commissions if you're overall price why does it matter?

You make a fantastic point, Punter

Having separate commissions is excellent for http://bit.ly/2egIus1, also it raises (slightly) that the chances of your take profit orders being filled. That's because the removal of a markup on the spread brings you that much closer to your target. For the identical reason, having no spread markup marginally lowers the possibilities of your stops. That's why FXCM charges a separate commission on our NDD version for all typical accounts with the exception of spread betting accounts where commissions aren't allowed by regulations.

It's worth noting that we utilize the exact same base price for DD implementation on mini accounts (before including a spread markup because we are the market maker on this version) since the base price we utilize to get our NDD forex implementation (before including that the commission). That's a key reason you can have confidence trading with FXCM whatever the account type you select.

Originally Posted by ;

quote You make a fantastic point, Punter Having separate commissions is excellent for both http://bit.ly/2egIus1, also it increases (slightly) the odds of your take profit orders being filled. That is because the removal of a markup on the disperse brings you that much closer to your goal. For the identical reason, having no disperse markup reduces the chances of your stops being triggered. That is why FXCM charges a separate commission on the NDD model for most standard accounts with the exception of disperse...

@Jason - we find ourselves in precisely the exact same string again. Your comments are spot on. I want to make it clear to the rest however that I do not own a FXCM account -no issue with Jason or them as a whole - I just prefer a model that is different and am elsewhere. Best of all. Happy Trading.

All UK brokers must be fine as the funds are secure. I decide and would see the.