FTSE 100 is a share index of the top 100 countries with the highest market capitalization. In this article, we reveal our 15 Best FTSE 100 Brokers and we review the features, trading conditions and instruments these brokers offer.
What is the FTSE?
The FTSE (Financial Times Stock Exchange) is a well-known index that contains the 100 (or 250) largest companies listed by market cap on the London Stock Exchange. This index is also known as “Footsie”.
The FTSE index is maintained by FTSE Russell and is reviewed on a quarterly basis, giving companies a fair opportunity to get a higher index when that company’s market cap increases.
A higher index is beneficial to companies because it makes a better impression on investors and share prices generally increase. However, when a company’s index drops, share prices may be devalued.
Any company seeking to claim a spot on the FTSE list is required to have a market cap that will place it 90th in the index, to be promoted or below 111th to be removed.
FTSE100 is the most well-known index, but there are also other FTSE indices such as:
- FTSE 250 – containing the 250 “next largest” companies
- FTSE 350 – a combination of the FTSE 100 and 250 indices
- FTSE Small Cap – the 350th to 600th largest companies
- FTSE All Share – a combination of the FTSE 100, 250 and Small Cap indices
How to invest in the FTSE 100 index?
The easiest way to invest in the FTSE 100 index is by pooling your funds into baskets through qualified fund managers, which gives you an opportunity to invest in specific types of companies on the index, or the top performers of the quarter.
Using the FTSE index makes it much easier to choose companies to invest in because you can easily choose from a list, as opposed to spending hours doing research before you can make any decisions.
There are different ways to invest in FTSE 100, but trading with one of these brokers will simplify the process significantly.
AvaTrade
USD 100 MiFID, FSA, ASIC, BVI, FFAJ, FSCA, ADMG, FRSA 📱 Platforms MetaTrader 4, MetaTrader 5 ₿ Crypto Yes 💵 Account Currency AUD, EUR, USD, GBP, CHF Yes 1:400 🛒 Instruments Forex, Bonds, Stocks, Commodities, ETFs, Indices, Crypto 🏛️ Visit Broker
Minimum Deposit
Regulators
Islamic Account
Leverage
AvaTrade is regulated by FSCA, ADMG, MiFID, FSA, BVI, FFAJ, FRSA and ASIC, and offers many different instruments that can be traded on the MetaTrader platforms and proprietary AvaTrade apps.
To activate an account with AvaTrade, a minimum deposit of $100 is required and there are 4 accounts available that can be funded using AUD, CHF EUR, GBP, USD.
For clients of the Muslim faith, AvaTrade offers the option of switching to a swap-free account and beginners can practice on a demo account.
AvaTrade Pros and Cons:
| ✔️Pros | ❌Cons |
| Suitable for beginners | Not available to US clients |
| Many regulations | 5 base currencies |
| Multiple accounts | |
| Promotional offers |
easyMarkets
Overall Rating USD 25 CySEC, ASIC, FSA 📱 Platforms MT4, TradingView, easyMarkets app ₿ Crypto Yes 💵 Account Currency EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC Yes 1:400 🛒 Instruments Forex, Shares, Crypto, Metals, Commodities, Indices 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account Leverage
easyMarkets supports more than 15 base currencies and live trading accounts can be activated with only $25.
This broker is a great option for beginners and 10 trading eBooks are provided for free, along with trading guides and manuals on how to use the platform.
easyMarkets can be used with MetaTrader 4 and TradingView, but a proprietary platform is also provided, along with demo accounts and the option to change to swap-free.
easyMarkets also offers unique features, such as dealCancellation and Freezerates, as well as guaranteed stop losses and negative balance protection.
easyMarkets Pros and Cons:
| ✔️Pros | ❌Cons |
| Many funding currencies supported | No US citizens |
| Fixed spreads offered | |
| Low minimum deposit |
Interactive Brokers
Overall Rating USD 0 USSEC, CFTC, ASIC, FCA 📱 Platforms Trader Workstation, IBKR mobile app, IBKR APIs ₿ Crypto No 💵 Account Currency AUD, CHF, TRY, USD, GBP, DKK, EUR, KRW, MXN, NZD, HKD, CAD, CNH, CZK, HUF, ILS, YEN, NOK, PLN, RUB, SGB, ZAR, SEK No 1:40 🛒 Instruments Forex, CFDs, Stocks, Options, Bonds, Mutual Funds, Commodities, Metals 🏛️ Visit Broker
4.3/5
Minimum Deposit Regulators Islamic Account Leverage
Interactive Brokers offers more than 7,000 instruments and accounts can be funded with no minimum deposit and using many different base currencies, with a total of 24 currencies supported.
Interactive Brokers supports more currencies for funding than most other brokers and is available in 33 countries.
Although Interactive Brokers does not support the MetaTrader platforms, a proprietary trading platform is provided, along with innovative tools for research, analysis and trade management.
Interactive Brokers offers a trading academy for beginners and its product offering covers many classes of assets.
Interactive Brokers Pros and Cons:
| ✔️Pros | ❌Cons |
| Well regulated | No MetaTrader support |
| Suitable for beginners | Low maximum leverage |
| Supports API trading | No Islamic accounts |
| 24 base currencies supported |
Capital.com
Overall Rating USD 20 FCA, ASIC, CySEC 📱 Platforms MT4, TradingView, Capital.com CFD app ₿ Crypto Yes 💵 Account Currency GBP, USD, EUR, PLN, AUD No 📊 Leverage 1:30 🛒 Instruments Crypto, Forex, Commodities, Indices, Shares 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account
Capital.com is a licensed and certified broker for Forex and CFD trading that is regulated by ASIC, FCA and CySEC.
This broker offers 3 accounts and a live trading account can be activated with as little as $20.
Trading accounts can be funded using several base currencies, including PLN, EUR, AUD USD and GBP.
Capital.com gives its clients access to more than 4,000 markets across 5 asset classes and also allows crypto trading.
Capital.com Pros and Cons:
| ✔️Pros | ❌Cons |
| Low trading fees | 5 base currencies |
| Beginner-friendly | Low maximum leverage |
| Low minimum deposit | No Islamic accounts |
| Large client base |
IG
Overall Rating USD 0 FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC 📱 Platforms MT4, ProRealTime, L2 Dealer ₿ Crypto Yes 💵 Account Currency USD, GBP, AUD, EUR, SGD, HKD Yes 1:30 🛒 Instruments Crypto, Forex, Indices, Shares, Commodities 🏛️ Visit Broker
4.2/5
Minimum Deposit Regulators Islamic Account Leverage
IG is a multi-regulated broker that operates under the guidelines and supervision of CFTC, FINMA, MAS, DIFC, JFSA, FCA and ASIC.
IG offers more than 17,000 instruments and accounts can be funded using HKD, EUR, SGD, GBP, USD and AUD.
IG allows the use of APIs and supports algorithmic trading, and premium accounts have personal account managers, 24/7 support and VIP offers.
IG is not only suitable for professional traders, but it also accommodates beginners and provides a demo account with educational resources.
IG Pros and Cons:
| ✔️Pros | ❌Cons |
| 6 base currencies | High minimum deposit |
| Many regulations | No Islamic accounts |
| Low trading fees |
Libertex
Overall Rating USD 100 CySEC 📱 Platforms MT4, MT5, Libertex platform ₿ Crypto Yes 💵 Account Currency EUR, GBP, PLN, CFH No 1:600 🛒 Instruments Crypto, Metals, ETFs, Stocks, Forex, Indices, Oil, gas, commodities 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
Libertex offers more than 250 instruments and is available in 110 countries.
This award-winning broker was founded in 1977 and provides one account that can be used with 3 trading platforms and funded using 4 base currencies.
Libertex provides a great range of trading tools, including trading signals, alerts, trading sentiments and more, and is suitable for inexperienced traders.
Libertex Pros and Cons:
| ✔️Pros | ❌Cons |
| Available in 110 countries | No bonus offers |
| Negative Balance Protection | No Islamic account |
| Supports MetaTrader |
XTB
Overall Rating USD 0 FCA, KNF, CySEC, IFSC 📱 Platforms xStation 5 ₿ Crypto Yes 💵 Account Currency EUR, USD, GBP, HUF Yes 📊 Leverage 1:500 🛒 Instruments 2,100+ Forex, Commodities, Indices, Crypto, Stocks, ETFs, CFDs 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account
XTB was founded in 2002 and is an FCA-regulated Forex and CFD broker.
XTB has nearly 400,000 loyal clients and offers one account type that can be used to trade more than 2,100 instruments.
XTB’s trading academy can be used by new traders to learn about the basics of trading, and different training courses are provided, depending on experience levels.
XTB customer support can be reached via live chat, email and telephone and the help centre offers several different articles that answer the most common questions clients have.
XTB Pros and Cons:
| ✔️Pros | ❌Cons |
| Accounts can be funded with 5 currencies | Penalty fee for inactivity |
| No minimum deposit required | Not available to US citizens |
| Beginner-friendly | |
| Reliable customer support team |
City Index
Overall Rating £50 IIROC, JFSA, ASIC, FCA, CFTC MT4, City Index app ₿ Crypto No USD, CHF, EUR, GBP, HUF, AUD, JPY, PLN Yes 1:30 🛒 Instruments Indices, Shares, Forex, Metals Bonds, Options, Commodities 🏛️ Visit Broker
3.7/5
Minimum Deposit Regulators
Platform
Account Currency Islamic Account Leverage
City Index is a great option for spread betting, CFD traders and Forex trading, and offers more than 12,000 instruments.
If you would like to try City Index risk-free, you can use the demo account provided in combination with the training material if you are a beginner.
City Index offers innovative trading tools and clients can use SMART signals, strategy tools, SMS alerts and more to improve their trading experience.
City Index is suitable for professional and beginner traders respectively, and offers premium services and tight spreads starting at 0.5 pips.
City Index Pros and Cons:
| ✔️Pros | ❌Cons |
| Listed on NASDAQ | Penalty fees |
| Great product portfolio | Stock CFD fees are high |
| Free deposits and withdrawals | Only one account |
| Part of StoneX |
Saxo Bank
Overall Rating USD 2000 FCA, ASIC, FSC, JFSA, FSA, MAS 📱 Trading Desk SaxoTraderGO, SaxoTraderPRO ₿ Crypto Yes 📈 Total Pairs 182 No Low 🕒 Account Activation Time 24 Hours 🏛️ Visit Broker
4.3/5
Minimum Deposit Regulators Islamic Account Trading Fees
Saxo Bank offers a total of 40,000 instruments, with spreads starting at 0.6 pips and over 200 Forex pairs, that can be traded on 3 unique accounts with competitive trading conditions and 24/5 support.
Saxo Bank also offers portfolio managers and the option to trade on its award-winning platform.
Saxo Bank guarantees low spreads and has been around for more than 20 years with a client base of nearly 1 million traders.
Saxo Bank Pros and Cons:
| ✔️Pros | ❌Cons |
| Innovative point system | High Minimum deposit |
| Great variety research data and tools | Not compatible with MetaTrader |
| Withdrawals are free | Penalty fees |
| Forex fees are low |
CMC Markets
Overall Rating USD 0 FCA 📱 Platforms MT4, CMC Markets Next Generation app ₿ Crypto Yes 💵 Account Currency GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD Yes 1:30 🛒 Instruments Forex, Indices, Crypto, Commodities, Shares, Treasuries, ETFs 🏛️ Visit Broker
4.2/5
Minimum Deposit Regulators Islamic Account Leverage
CMC Markets offers 3 types of accounts and requires no minimum deposit for the activation of a live trading account.
CMC Markets accounts can be funded using SEK, EUR, CAD, NOK, AUS, PLN, NZD, USD, SGD or GBP, and clients have the option of using demo accounts and Islamic accounts.
CMC Markets can be used with MetaTrader 4, but an innovative proprietary platform called “Next Generation” is offered, and cash rebates are guaranteed on all accounts.
CMC Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| 300+ Forex pairs | No tier-1 regulations |
| No minimum deposit | Inactivity is penalised |
| 10 base currencies |
XM
Overall Rating USD 5 ESMA, CySEC, ASIC, FCA, IFSC, DFSA 📱 Platforms Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform ₿ Crypto No 💵 Account Currency USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB Yes 1:1000 🛒 Instruments Commodities, Forex, Stocks, Crypto, Metals, Shares, Energies 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account Leverage
XM is a fully regulated Forex broker that was founded in 2009 and is trusted by more than 5 million traders worldwide.
XM operates under the strict regulations of CySEC, DFSA, IFSC and ASIC, and offers online trading services to clients from 196 countries.
XM can be used to trade over 1,000 highly liquid instruments on 16 platforms, and customer support is offered 24/5 in 30 international languages.
XM offers a variety of educational content to new traders and more seasoned traders can experiment with the advanced trading toolset to improve their research and analysis techniques.
XM Pros and Cons:
| ✔️Pros | ❌Cons |
| User-friendly website | Fixed spreads not offered |
| Compatible with many different platforms | Not available to US clients |
| Negative Balance Protection | Inactivity is penalised |
| Promotions and sing up bonuses |
eToro
Overall Rating USD 50 FCA, CySEC, ASIC 📱 Platforms eToro app, OpenBook, eToro CopyTrade ₿ Crypto Yes 💵 Account Currency USD, AUD, CNY, CAD, GBP, EUR, JPY, RUB Yes 1:30 🛒 Instruments Stocks, Commodities, Indices, Forex, ETFs, Cryptocurrencies 🏛️ Visit Broker
4.2/5
Minimum Deposit Regulators Islamic Account Leverage
eToro requires a reasonably low minimum deposit of only 50 USD and accounts can be funded using USD, GBP, CAD, JPY, RUB, CNY, AUD or EUR.
This broker is trusted by over 17 million traders across the globe and we highly recommend eToro for beginners.
eToro Pros and Cons:
| ✔️Pros | ❌Cons |
| Low minimum deposit | No trading bonuses |
| Trading academy | High fees |
| Top-tier regulations | Does not support MetaTrader |
| Large client base |
Plus500
Overall Rating USD 100 FCA, CySEC, ASIC, FMA 📱 Platforms Plus500 app ₿ Crypto Yes 💵 Account Currency USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD Yes 📊 Leverage 1:300 🛒 Instruments Forex, Indices, Cryptocurrency, Commodities, Shares, Options, ETFs 🏛️ Visit Broker
4.7/5
Minimum Deposit Regulators Islamic Account
Plus500 offers an innovative proprietary trading platform that can be used to trade Forex, Shares, Options, Commodities, Indices, ETFs and Cryptocurrencies.
This broker requires a minimum initial deposit of 100 USD and accounts can be funded with many currencies, including GBP, PLN, HUF, CHF, CAD, TRY, CZK, USD, SGD, JPY, AUD, EUR, SEK and NOK.
Plus500 is regulated by FMA, CySEC, FCA and ASIC, and provides 2 types of accounts with flexible trading conditions and the option to use a demo account or a swap-free account.
Plus500 Pros and Cons:
| ✔️Pros | ❌Cons |
| Suitable for beginners | No MetaTrader support |
| 5+ base currencies | Inactivity fees |
| Tier-1 regulations | |
| Many asset classes offered |
Pepperstone
Overall Rating USD 200 ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN 📱 Platforms MT4, MT5, cTrader ₿ Crypto Yes 💵 Account Currency USD, GBP Yes Low 🛒 Instruments Forex, Crypto, Shares, ETFs, Indices, Commodities 🏛️ Visit Broker
4.0/5
Minimum Deposit Regulators Islamic Account Leverage
Pepperstone is regulated by ASIC, CySEC and 5 other agencies, and a minimum deposit of 200 USD is required to activate a live trading account.
Pepperstone offers 2 accounts that can be funded using GBP, HKD, AUD, JPY, USD, EUR, SGD, CHF and NZD, and guarantees tight spreads and the option to trade commission-free.
Pepperstone provides a variety of great trading tools, such as AuutoChartist and Figaro, and is also an excellent choice for beginners who are seeking a broker with educational material and demo accounts
Pepperstone Pros and Cons:
| ✔️Pros | ❌Cons |
| Many regulations | High minimum deposit |
| Beginner-friendly | Low maximum leverage |
| Suitable for social trading | |
| No inactivity fees |
Fidelity
Overall Rating USD 0 SEC, FINRA 📱 Platforms Active Trader Pro ₿ Crypto No 💵 Account Currency USD, EUR, GBP, AUD, CAD, DEN, HKD, JPY, MXN, NZD, NOK, PLN, ZAR, SGD, SEK, CHF No 1:2 🛒 Instruments 30,000+ Stocks, Options, Bonds, ETFs, Mutual funds, Sector funds, Forex 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account Leverage
Fidelity was founded in 1946 and is one of the oldest brokers in the industry.
Fidelity offers more than 20 account types across different categories and is a beginner-friendly broker that requires no minimum deposit.
With Fidelity, you can trade Stocks, Options, Bonds, ETFs, Mutual funds, Sector funds, and Forex pairs.
Fidelity Pros and Cons:
| ✔️Pros | ❌Cons |
| No minimum deposit | No swap-free account |
| 10+ account currencies | No crypto |
| Commission-free trading | |
| 20+ account types |
Conclusion
There are many benefits to trading with one of these brokers. Buying shares in companies on the FTSE 100 list ensures that you invest only in the top-performing, most-trusted companies globally.
The FTSE 100 simplifies the process of buying shares and will save you plenty of time and energy.
We hope that this review of the 15 Best FTSE 100 Brokers will help you find a broker that aligns with your trading goals so that you can trade with confidence.
Good luck with your trading!
