FTSE 250 BROKERS

15 Best Brokers Best Brokers Best Brokers for FTSE 250 UK

Overview Overview Overview

The FTSE 250 index is weighted according to capitalization of the 101st up to the 350th largest companies that are listed on the London Stock E\xchange (LSE).

The FTSE 250 is calculated by weighing the stocks that are listed on the LSE according to market capitalization and, as with many other indices that work in the same way, companies that have a higher market cap will represent a higher weight on the index, which will also have a larger effect on price movements of the index.

The companies listed on the FTSE 250 are reviewed every three months and when the market cap of one company overtakes another, the composition of the index can change.

Many forex brokers offer traders and investors from around the world the opportunity to trade stocks in the FTSE 250, and the following 15 are the best.

FxPro FxPro FxPro

Features Features Features

FxPro is a CFD and forex broker that was established in 2006 and offers trading in several financial markets. Retail traders are provided with innovative trading platforms through which they can trade more than 260 instruments spread across six asset classes.

FxPro has more than 1.3 million registered forex traders from more than 173 worldwide countries. FxPro is known for its No-Dealing Desk (NDD) model and execution, with zero intervention in pricing or execution of traders’ orders.

FxPro FxPro FxPro Pros and Cons

PROSCONS
Strict regulationsNo US, Iraq, or Canada clients
Multiple modern trading platformsNo managed accounts or social trading
Premium trader toolsCrypto trading is not supported
VPS access to eligible tradersSpreads are not the tightest
Expert analysis from Trading CentralHigh commissions

TD Ameritrade TD Ameritrade TD Ameritrade

Features Features Features

TD Ameritrade is a US-based broker that provides a wide range of investment products that can be traded through powerful trading platforms. Both traders and retail investors are provided with a range of trading tools and an abundance of educational materials to guide their trading journey.

With TD Ameritrade, traders are provided with tradable financial instruments such as stocks, futures, mutual funds, options, exchange-traded funds (ETFs), Fixed Income Investments, Cryptocurrencies, Certificates of Deposit (CDs), Bonds, and more.

FxPro FxPro FxPro Pros and Cons

PROSCONS
Well-regulatedRestricted leverage
SIPC memberMetaTrader not offered
Advanced trading tools providedLimited funding options
Wide range of educational resources

 

IG IG IG

Features Features Features

IG is a multi-regulated and multi-asset forex broker that offers traders from around the world access to more than 17,000 financial instruments that can be traded.

IG has an excellent selection of powerful, user-friendly trading platforms along with trading tools and educational material for beginner traders. The tights provided by IG are tight and competitive, commission charges low, and traders are given access to deep liquidity pools.

IG also supports any trading strategy that traders have, and has a competitive minimum deposit, giving traders access to a wide range of retail investor account options, and more.

IG IG IG Pros and Cons

PROSCONS
Well-regulated by several market regulatorsThere is an inactivity fee charged
Powerful and user-friendly trading platforms 
Competitive trading conditions 
Variety of trading tools 
Convenient payment methods 
FIX API DMA trading supported

 

eToro eToro eToro

Features Features Features

Established in 2006, eToro is the leading online social trading platform and one of the most trusted online brokers in the industry. eToro has perfected its proprietary trading platform, offering user-friendly solutions, a plethora of analytical tools, and unlimited access to the stock market, among several others.

eToro is also well-known for supporting a variety of trading strategies, fundamental analysis, technical analysis, and advanced charting capabilities, along with a safe and secure trading platform that is protected and where client funds are secured.

eToro eToro eToro Pros and Cons

PROSCONS
Well-regulated by top market regulatorsUS clients not accepted
Client funds kept in segregated accountsMetaTrader not provided
Commission-free tradingScalping and hedging are not allowed
Traders can buy fractional sharesInactivity fee charged after a year
Large online trading community

 

Capital.com Capital.com Capital.com

Features Features Features

Capital.com was established in 2006 and is a well-regulated market maker broker that has more than 360,000 registered traders from around the world. Capital.com offers traders access to an award-winning trading platform and more than 2,000 financial instruments which can be traded.

Capital.com is also known for its competitive trading conditions, reliable trade execution speeds, and negative balance protection that is applied to retail investor accounts.

Traders can also expect access to a wide range of trading tools, highly rated educational materials, and resources, and dedicated multilingual customer service.

Pros and Cons

PROSCONS
Well-regulated by reputable entitiesUS clients not accepted
Access to InvestmateLimited leverage for non-professional traders
Wide range of educational materialMetaTrader not offered
Proprietary trading platform 
Useful trading tools

 

XTB XTB XTB

Features Features Features

XTB is a well-known, trusted, and large stock exchange-listed forex and CFD broker with regulation and authorisation in several regions around the world. XTB offers the perfect solutions to advanced and professional traders while simultaneously also catering for beginner traders.

Traders can expect access to more than 1,500 instruments that are spread across several asset classes. XTB is also known for its competitive trading conditions, rapid trade execution, multiple funding options, educational materials, and dedicated customer support.

Pros and Cons

PROSCONS
Award-winning proprietary trading platformUS clients not accepted
Variety of financial instrumentsInactivity fee charged
Competitive trading conditions 
Useful trading tools 
Low minimum deposit requirement

 

Fidelity Fidelity Fidelity

Features Features Features

Fidelity is a United States-based brokerage that caters for retail and professional investors, offering them access to commission-free online trading on stocks, ETFs, and options.

Fidelity has been in operation since 1946 and has implemented the latest, innovative, smart trading technologies along with competitive fees on Initial Public Offerings (IPOs), mutual funds, bonds, metals, and CDs.

Traders are provided with the lowest rates and fees, superior customer service, and independent professional research.

Pros and Cons

PROSCONS
Well-regulatedMetaTrader not offered
Part of the FDIC and SIPCForex, CFDs, and cryptocurrency trading not supported
Wide range of investment opportunitiesRestricted leverage
Advanced trading tools providedLimited funding options
Multi-currency accounts

 

Interactive Brokers Interactive Brokers Interactive Brokers

Features Features Features

Interactive Brokers is a large and well-known United States-based brokerage with competitive trading fees, a plethora of trading opportunities, and advanced yet user-friendly technologies. Interactive Brokers uses proprietary “SmartRouting” technologies to obtain the best prices possible.

Traders can also be assured that orders are executed at the best prices possible because of this, connecting to more than 125 markets in 31 countries. Interactive Brokers has accumulated more than 100 industry awards for its competitive fees, professional service, and award-winning trading platforms.

Pros and Cons

PROSCONS
Multi-regulatedLimited funding options
Expert analysis and research from well-known third-party providersClients from 10+ countries not accepted
Comprehensive educationCustomer support has a slow response time
Multiple trading toolsFixed spreads are not provided
Innovative trading platformsRestricted leverage due to strict regulations

Trading 212 Trading 212 Trading 212

Features Features Features

Trading 212 is one of the most popular online brokers and trading platforms in the industry, offering more than 2,000 tradable instruments including stocks, cryptocurrencies, and forex.

Trading 212 not only offers a plethora of tradable instruments but also provides a powerful, user-friendly platform through which trades can be executed at reliable speeds.

Trading 212 is suitable for traders of all experience levels and offers traders a plethora of trading opportunities, education, and trading tools that can be used alongside easy-to-use, convenient funding options including credit cards, bank transfer, debit cards, and a range of electronic payment gateways.

Pros and Cons

PROSCONS
Intuitive and user-friendly trading platformUS clients not accepted
Commission-free tradingMetaTrader not supported
Low minimum deposit requirement 
Variety of tradable instruments

 

CMC Markets CMC Markets CMC Markets

Features Features Features

Established in 1989, CMC Markets is one of the most reputable market makers in the industry, offering more than 10,000 tradable instruments through trusted, reliable trading platforms.

Traders are also given access to comprehensive technical analysis, fundamental analysis, and several useful trading tools and a wide range of educational material.

CMC Markets is listed on the London Stock Exchange (LSE), with regulations in several regions around the world. CMC Markets has also become one of the best spread betting brokers in the UK.

Pros and Cons

PROSCONS
Well-regulated by strict entitiesUS clients not accepted
Client funds kept in segregated accountsSpreads are marked-up
FSCS memberFixed spreads not provided
MetaTrader 4 Nextgen supportedNo social trading

 

IC Markets IC Markets IC Markets

Features Features Features

Established in 2007, IC Markets is one of the largest ECN online brokers in the industry. Traders are given more than 285 financial instruments that can be traded over popular trading platforms.

IC Markets offers 0-pip spreads with deep liquidity from a wide range of liquidity providers, ensuring that traders have rapid trade execution and some of the best pricing in the industry.

IC Markets is regulated and authorised in several regions and jurisdictions and is well-known for a range of commission-free accounts, free account funding options, and dedicated customer support.

Pros and Cons

PROSCONS
Well-regulatedUS clients are not accepted
Great selection of trading instrumentsFixed spreads are not offered
Institution-grade liquidity 
True ECN broker 
Range of useful trading tools 
Range of trading strategies supported

 

AvaTrade AvaTrade AvaTrade

Features Features Features

AvaTrade is one of the most popular forex brokers in the industry, with regulation and authorisation in 6 different jurisdictions around the world. AvaTrade offers traders access to more than 1,250 financial instruments spread across several asset classes including forex, stocks, indices, cryptocurrencies, options, and more.

Traders also have access to powerful and trusted trading platforms, from MetaTrader to AvaTrade’s powerful, reliable proprietary trading software. AvaTrade is also known for commission-free trading options, fast trade execution speed, flexible funding, and excellent customer support.

Pros and Cons

PROSCONS
Well-regulatedUS clients are not accepted
Multiple awards won over the years 
Tight spreads and zero commissions 
Powerful trading platforms 
Social trading supported 
Range of trading strategies supported

 

Plus500 Plus500 Plus500

Features Features Features

Plus500 is a well-regulated and popular CFD trading broker. Plus500 allows for share dealing through CFDs and it is a highly conducive way to deal in trades using short-term trading strategies.

Plus500 also offers investors and traders the use of high leverage when they participate in share dealing on its proprietary trading platform.

There are no platform fees charged when investors use the desktop website or the Plus500 mobile trading app. Account registration only takes a few minutes and investors can start trading with a low minimum deposit requirement.

The platform also supports the use of flexible account funding options such as debit/credit cards, bank transfers, bank wire, and a wide range of electronic wallets.

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Pros and Cons

PROSCONS
Well-regulatedUS clients are not accepted
Great selection of trading instrumentsFixed spreads are not offered
Institution-grade liquidity 
True ECN broker 
Range of useful trading tools 
Range of trading strategies supported

 

XM XM XM

Features Features Features

Established in 2009, XM is another popular and award-winning market maker broker with offices in several regions and corresponding regulations in each.

XM has more than 2.5 million registers from 196 worldwide countries, offering both beginner traders and professionals no-requotes, tight and variable spreads, fast trade execution, and negative balance protection which is applied to retail accounts.

With XM, traders can trade more than 1,000 financial instruments through powerful trading platforms, with the best trading conditions available.

Pros and Cons

PROSCONS
Negative balance protectionUS clients not accepted
Strict regulationFixed spreads not offered
Range of trading platformsInactivity fees charged
Free VPS to eligible customers 
Range of trading strategies accepted

 

Pepperstone Pepperstone Pepperstone

Features Features Features

Pepperstone is one of the largest forex brokers in the industry, with registered traders from around the world that trade across several financial markets. Pepperstone offers user-friendly trading platforms and innovative trading technology, competitive costs and fees, and low-latency high-speed trade execution.

Pepperstone caters for both beginner traders as well as professionals, providing education, trading tools, and a choice in powerful trading platforms.

Pros and Cons

PROSCONS
Award-winning customer serviceUS clients not accepted
Negative balance protection on all retail investor accountsFixed spreads not provided
Competitive trading conditions 
Range of trading tools and education 
Social trading supported 
Access to AutoChartist, and other third-party providers

 

Frequently Frequently Frequently Asked Questions

What is the FTSE 250 UK?

The FTSE 250 is an index where the medium cap companies in the UK are listed, allowing traders to buy/sell shares.

Who are the best brokers for trading the FTSE 250?

The brokers on this list are considered the best for trading the FTSE 250.

What are the FTSE 250 Brokers’ average commissions and fees?

This will depend on the broker that you choose, with many brokers’ trading conditions starting from 0-pip spreads and commissions from $3 per side, or lower.

Why do FTSE 250 Brokers need to be regulated?

To ensure that investors and traders have a regulated, fair, and safe trading environment.

How much do I need to start trading the FTSE 250?

You can start trading from as little as $1, depending on the margin requirement of the broker.

How do I calculate forex trading costs?

You need to consider minimum deposit, spread, commissions, overnight fees, and other costs that you need to compare with the capital you can spend on trading. Also, remember to leave some capital free for any losses.

FTSE 250 trading systems, are they any good?

Trading systems are only as good as the rules that they contain. Market conditions on the trading day will also determine whether the trading system is effective. For this reason, trading systems must be tested and back-tested against different types of market conditions.

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