GBP Forex Account
Compare regulated brokers that accept the British pound (GBP) as a base currency for their trading accounts.
Brokers we recommend

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.

AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.

FXCC.com is a regulated offshore broker with low spreads and high leverage, up to 1:500. It supports all trading styles on the MetaTrader 4 platform.
Other brokers:
Comparison table
We rate brokers across 5 categories and 18 criteria, following a standardised methodology. Here are our overall and category-specific ratings:
Overall | Markets | Trading environment | Deposits and withdrawals | Investor protection | Customer service | |
---|---|---|---|---|---|---|
FP Markets | 4.8 | 5.0 | 4.9 | 5.0 | 4.0 | 5.0 |
AvaTrade | 4.7 | 5.0 | 4.2 | 4.7 | 4.8 | 5.0 |
FXCC | 4.0 | 4.0 | 4.2 | 4.4 | 3.8 | 3.8 |
4XC | 4.1 | 3.8 | 4.4 | 4.5 | 3.0 | 4.7 |
Fortrade | 3.7 | 5.0 | 4.0 | 3.6 | 4.2 | 1.8 |
Forex (CFD) | Cryptos (CFD)* | Stocks (CFD) | Indices (CFD) | ETFs (CFD) | Metals (CFD) | Energy (CFD) | Commodities (CFD) | Bonds (CFD) | |
---|---|---|---|---|---|---|---|---|---|
FP Markets | 72 | 12 | 1000 | 16 | 46 | 17 | 4 | 5 | 2 |
AvaTrade | 53 | 26 | 643 | 35 | 67 | 7 | 5 | 7 | 2 |
FXCC | 71 | 8 | 12 | 6 | 2 | ||||
4XC | 49 | 5 | 11 | 2 | 2 | ||||
Fortrade | 61 | 3 | 445 | 18 | 3 | 12 | 5 | 6 | 3 |
MT4 | MT5 | TradingView | cTrader | Copy trading | |
---|---|---|---|---|---|
FP Markets | |||||
AvaTrade | |||||
FXCC | |||||
4XC | |||||
Fortrade |
Bank transfer | Broker to broker transfer | Credit card | Debit card | BTC (Bitcoin) | USDT (Tether) | NETELLER * | Skrill * | |
---|---|---|---|---|---|---|---|---|
FP Markets | ||||||||
AvaTrade | ||||||||
FXCC | ||||||||
4XC | ||||||||
Fortrade |
Australia | Canada | Cook Islands | Cyprus (EU) | Ireland | South Africa | St. Vincent & the Grenadines | UAE | UK | Union of Comoros | |
---|---|---|---|---|---|---|---|---|---|---|
FP Markets | ||||||||||
AvaTrade | ||||||||||
FXCC | ||||||||||
4XC | ||||||||||
Fortrade |
* Availability is subject to local laws and regulations.
Note: for brevity, this table only shows the most popular payment methods and regulators. Open a free account with any of these brokers to view funding options available in your country.

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. FPMarkets.com is a true ECN broker and accepts all trading styles without restrictions.
- Likes
- Flexible leverage up to 1:500.
- Trade over 1,000 financial instruments.
- Trade on MT4/5, cTrader or TradingView without restrictions.
- Copy trading service is available.
- Customer support is available 24/7.
- Dislikes
- No investor compensation fund in the event of bankruptcy.
Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.
Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.
Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.
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AvaTrade.com is an award-winning online broker in business since 2006. Trade CFDs on all asset classes, from Forex to ETFs and bonds. Its service appeals to novice and experienced traders alike.
- Likes
- CFDs on 845 instruments, as well as futures and options.
- Wide selection of trading platforms, including copy trading.
- One-on-one assistance when you deposit US$1,000 or more.
- Daily trading signals from Trading Central.
- No fees on deposits or withdrawals.
- Dislikes
- Quarterly and annual inactivity fees are $50 and $100 respectively.
- Its 'one size fits all' trading account may not appeal to professional traders.
The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find 845 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.
With AvaTrade, the MT4 and MT5 platforms are available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. Spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.
Customer service is excellent. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. Support is available five days a week through various channels, including WhatsApp.
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FXCC.com is a regulated offshore broker with low spreads and high leverage, up to 1:500. It supports all trading styles on the MetaTrader 4 platform.
- Likes
- Low spreads from 0 pips.
- Flexible leverage up to 1:500.
- All trading styles are allowed.
- No minimum deposit.
- Dislikes
- 3个月无交易将收取闲置账户费用。
- MT4 is the only trading platform.
- Withdrawal fees apply across some, but not all, funding methods.
FXCC's high leverage up to 1:500, available across currency pairs, gold, silver, stock indices and energy products, will appeal to day traders. Negative balance protection is available at all times.
FXCC's MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. Importantly, iy accepts all trading styles and Expert Advisors (including scalping robots) without restrictions.
As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. Its ECN XL account has no commission, but $5 mark-up per lot applies when you open an account through us.
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4xc.com is an offshore broker founded in 2018 by traders. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.
- Likes
- Enjoy flexible leverage up to 1:500.
- Choose between MetaTrader 4 and 5, or copy trading.
- All trading styles and Expert Advisors are allowed.
- Fast execution speeds from its London data-centre.
- Dislikes
- Fewer CFDs than other brokers.
- Negative balance protection is only available across Forex and precious metals.
- This broker is regulated in the Cook Islands, a country without an investor compensation fund.
4xc.com will appeal to you if you enjoy trading Forex, gold or silver on high leverage, up to 1:500. It accepts all trading styles on MT4 and MT5 without restrictions. And unlike some brokers, who'll adjust leverage dynamically, this broker keeps leverage constant at all times.
If you're looking for trade ideas, 4XC will provide daily AI-powered trade ideas once you account's balance reaches $500. Alternatively, why not open a PAMM account or a copy trading account through 4XC if you prefer to follow others.
Customer support is available 6 days a week, and has always been professional in our interactions with them. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service.
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Fortrade is a global broker, regulated in 5 jurisdictions. Trade over 550 instruments across all markets with up to 1:200 leverage. Its selection of North American and European stocks is a standout feature.
- Likes
- Trade CFDs on all assets classes.
- Huge selection of CFDs on over 440 stocks.
- You cannot lose more than you invest with negative balance protection.
- Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
- Dislikes
- Only supports MetaTrader 4 and its in-house platform.
- USD 10 'dormancy fee' if your account is inactive for over 6 months.
Trade CFDs across more than 550 instruments, including currencies, cryptocurrencies, stocks, indices, commodities, and U.S. government bonds. Leverage varies by asset class, from 1:2 on crypto to 1:200 on forex and metals.
Use either MetaTrader 4 or Fortrade's proprietary Web Fortrader to trade directly from the charts. Fortrade integrates Trading Central's trading signals directly into its platforms.
Fortrade is regulated in five jurisdictions, including the UK and Australia, and provides investor protection through segregated client accounts and negative balance protection.
Read reviewBrokers that accept GBP
FP Markets
With FP Markets, you can open a trading account in one of over 10 base currencies, including the British pound, wherever you live. FP Markets accepts a wide range of GBP funding options, including bank transfers, credit and debit cards, as well as several electronic wallets. FP Markets accepts all trading styles on the MetaTrader 4, 5 and cTrader platforms. Visit FPMarkets.com to see all funding options available to you.
FXCC
You could also open a trading account in GBP with FXCC.com, an offshore ECN broker with low spreads. Fund your account in pound sterling with a Visa, Mastercard, Skrill or Neteller. Bank transfers are possible too, however, you should be aware that all deposits will be converted into dollars. FXCC doesn't charge fees on deposits, and from time to time, may cover any third-party payment fees. You'll find more information on FXCC.com.
About the British Pound
The British Pound, abbreviated as GBP, is the official currency of the United Kingdom. It has been in use since the 7th century AD and is the oldest surviving independent currency in the world.
The British Pound was freely convertible into gold at a fixed rate of GBP 4.25 per troy ounce up until 1931(1). It was also the world's leading reserve currency up until the Second World War. In the aftermath of the war, a new gold standard emerged around the US Dollar.
Since 1971 and the end of the Bretton Woods system, the British Pound has lost its purchasing power against both the US Dollar and gold. Over the course of 2022, GBP/USD traded between 1.0384 and 1.3836(2), reaching all time lows under the short-lived tenure of Liz Truss. Over the same period, XAU/GBP traded between 1,315.16 and 1,580.44 per troy ounce(3).
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About the author
I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.
- 1. UK Parliament. Small Change. https://www.parliament.uk/business/publications/research/olympic-britain/the-economy/small-change/
- 2. Investing.com. GBP/USD Historical Data. https://www.investing.com/currencies/gbp-usd-historical-data
- 3. Investing.com. XAU/GBP Historical Data. https://www.investing.com/currencies/xau-gbp-historical-data