15 Best Brokers for FTSE 250 UK

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 Exchange (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

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.

Pros and Cons

TD Ameritrade

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.

Pros and Cons

IG

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.

Pros and Cons

eToro

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.

Pros and Cons

Capital.com

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

XTB

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

Fidelity

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

Interactive Brokers

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

Trading 212

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

CMC Markets

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

IC Markets

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

AvaTrade

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

Plus500

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

XM

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

Pepperstone

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

FAQ

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.