Forex fx companies uk has grown into a global phenomenon, with people from all walks of life and backgrounds taking part. However, as with any investment, it is important to exercise caution and make sure you only trade with a regulated broker. Those that operate in the UK are required to be compliant with the Financial Conduct Authority (FCA), which protects traders from scams and provides a number of benefits, including the segregation of client funds from corporate funds and an investor compensation fund that secures 100% of deposits up to PS85,000.
FCA regulated brokers also offer transparent business practices, and most will provide audit reports detailing their operational history. The best brokers will also have a dedicated account manager to assist with opening an account, providing daily market analysis, and answering any questions you may have.
Navigating Forex: Finding the Best Forex Broker in the UK
Some brokers will have different operating models that determine how your orders are executed. Dealing Desk brokers, also known as Market Makers, will fill both sides of your order and will often sit on the opposite side from you in the market. No Dealing Desk brokers, on the other hand, will pass your order directly to the liquidity providers in the market. Electronic Communication Network (ECN) brokers will provide direct access to the depth of the market, which can offer lower spreads and faster execution.
Infinox combines a premium trading experience with exceptional client service, offering two types of accounts, more than 50 currency pairs for Forex, as well as Indices, Commodities and Equities. They are backed by a global team of FX and equity professionals, and have earned the trust of clients worldwide with their competitive pricing, industry-leading trading tools and educational resources.
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