FTSE 250 (“Footsie”) is a share index of the 101st to the 350th largest companies on the LSE. In this article, we reveal our 15 Best FTSE 250 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.
FTSE250 is a well-known index, but there are also other FTSE indices such as:
- FTSE 100 – containing the 100 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 250 index?
The easiest way to invest in the FTSE 250 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 250, but trading with one of these brokers will simplify the process significantly.
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 regulated CFD Forex broker that is audited by Deloitte and trusted by TradingView, Trustpilot and Investing.com.
Clients can choose from 3 CFD accounts that can be used to trade with 3,278 Shares, 27 Indices, 239 Cryptocurrencies, 38 Commodities and 138 Currency pairs.
Capital.com provides trading guides for each instrument, along with courses, glossaries and a trading psychology guide.
Capital.com Pros and Cons:
| ✔️Pros | ❌Cons |
| Forex and Stock CFD fees are low | Product offering is limited |
| Accounts are easy to open | Price alerts not available on web platform |
| Customer support is reliable | No tutorials on trading platforms |
| Withdrawals are free |
Swissquote
Overall Rating USD 1000 FINMA, FCA, DFSA, SFC, MFSA, MAS 📱 Platforms Advanced Trader, MT4, MT5 ₿ Crypto Yes 💵 Account Currency EUR, USD, GBP, CHF, JPY, AUD, CAD, NZD, PLN, SEK, DKK, NOK, HUF, TRY, ZAR, SGD, MXN, HKD, THB, ILS, AED Yes 1:100 🛒 Instruments Forex, Stocks, Commodities, Bonds, Indices, Crypto 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account
Leverage
Swissquote is a licensed European financial services provider and also a regulated Forex broker.
The product offering at Swissquote includes 78 Forex pairs, Energies, Stocks, Commodities, Cryptocurrencies, SWISS Dots, funds, bonds, ETFs and themes trading.
Swissquote supplies its own proprietary eTrading platform with trading tools for analysis, research and charting.
Swissquote traders have access to 3 million tradeable products, a multilingual support team with full-time access, and educational resources and training videos.
Swissquote Pros and Cons:
| ✔️Pros | ❌Cons |
| No penalty fee for inactivity | Trading fees are high |
| Low Forex fees | Some trading tools are lacking |
| Superior market research tools | Not beginner-friendly |
| Highly regulated broker | |
| Rich variety of markets available | |
| Multiple trading platforms to use |
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’s product offering includes 48 Forex pairs, Indices, Commodities, CFD Stocks, CFD ETFs and Crypto.
XTB is regulated by the IFSC and offers low spreads with no minimum deposit required.
XTB traders have access to more than 1,500 market instruments and there are over 220,000 clients on the platform.
New traders can use the free educational resources provided by XTB, along with a demo account or Islamic account.
XTB Pros and Cons:
| ✔️Pros | ❌Cons |
| Quick and easy to register an account | Limited selection of products available |
| Deposits and withdrawals are free | Email support is delayed |
| Trading fees are low | Stock CFD fees are high |
| Stock index CFDs fees are low |
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 is a CFD broker that is based in Australia and regulated by CySEC. FSA, FCA and the ASIC.
Plus500 is trusted by more than 400,000 active traders and offers over 2,000 tradable instruments to its clients.
Plus500 operates as a highly-regulated, listed Forex broker with over 10 years of industry experience.
Plus500 offers two unique account types, designed for retail traders and professional traders respectively.
Plus500 Pros and Cons:
| ✔️Pros | ❌Cons |
| Educational content provided | Does not support copy trading, hedging or scalping |
| Negative Balance Protection offered | Inactivity fee payable |
| 16 Account currencies supported | |
| Highly regulated |
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 and licensed broker that has received many awards since being launched in 2009.
XM is compatible with 16 innovative trading platforms and supports more than 30 international languages.
XM is trusted by over 5 million clients from 196 countries, and traders are rewarded with referral programs, deposit bonuses, loyalty programs and free VPS services.
Amateur traders have access to a variety of educational materials and training content that is offered for free.
XM clients can use MetaTrader platforms or choose from the innovative XM platforms provided.
XM Pros and Cons:
| ✔️Pros | ❌Cons |
| More than 1,000 trading instruments | Penalty fee for inactivity |
| Tight spreads | No Crypto trading |
| Compatible with MetaTrader platforms | |
| Highly regulated broker | |
| Great selection of educational content |
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 was founded in 1989 and has been offering online services since 1996, with offices in 10 countries around the world.
It is a well-regulated broker with a multilingual website and customer support offered in several international languages.
Trading accounts can be funded with one of the following supported base currencies, including USD, EUR, GBP, CAD, NZD, SGD, NOK, and PLN.
Unfortunately, CMC Markets cannot be used by US traders.
CMC Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| More than 300 Forex pairs | USD cannot be used on Spread Betting account |
| Tight spreads on all accounts | Penalty fees for inactivity |
| Comprehensive educational library |
TD Ameritrade
Overall Rating USD 0 SEC, FINRA, CFTC 📱 Platforms thinkorswim ₿ Crypto Yes 💵 Account Currency USD No 1:2 🛒 Instruments Stocks, Forex, Bonds, ETFs, Crypto, Options, Futures 🏛️ Visit Broker
2.4/5
Minimum Deposit Regulators Islamic Account Leverage
TD Ameritrade offers its own unique trading platform, known as thinkorswim, and also offers comprehensive financial products and services to its clients.
TD Ameritrade offers many different accounts and a variety of instruments, including Forex, Stocks, Futures, Crypto, Bonds, Options and ETFs.
Beginners can use the educational resources provided to learn more about the basics of trading and TD Ameritrade also offers special educational accounts for inexperienced traders.
TD Ameritrade Pros and Cons:
| ✔️Pros | ❌Cons |
| Beginner-friendly | 1 base currency |
| Commission-free trading | No MetaTrader support |
| No minimum deposit required | |
| Intuitive trading platform |
IC Markets
Overall Rating USD 200 FSA, CySEC, ASIC 📱 Platforms MT4, MT5, cTrader ₿ Crypto Yes 💵 Account Currency AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF Yes 1:500 🛒 Instruments Stocks, Commodities, Indices, Forex, Bonds, Crypto, Futures 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account Leverage
IC Markets is a reputable Forex and ECN broker with nearly 2 decades of experience in the online trading industry.
IC Markets is regulated by CySEC, ASIC and FSA and offers Swap-free accounts and demo accounts, in addition to other accounts offered.
IC Markets has a total of 3 account types of choose from and supports day trading, scalping and retail trading.
IC Markets allows its clients to use Expert Advisors and offers a variety of trading and research tools, including alarm managers, stealth orders, and trading signals.
IC Markets Pros and Cons:
| ✔️Pros | ❌Cons |
| Multiple accounts offered | Not available to US citizens |
| Secure VPS server | No investor protection for non-EU clients |
| 10 base currencies supported |
Trade Nation (Blackstone Futures)
Overall Rating USD 0 FCA, ASIC, SCB, FSCA 📱 Platforms MT4, TradeNation platform No 💵 Account Currency USD, GDP, EUR, DKK, SEK, NOK, AUD, ZAR No 1:200 🛒 Instruments Forex, Indices, Shares, Commodities, Futures, Bonds, CFDs
3.9/5
Minimum Deposit Regulators Islamic Account Leverage
Trade Nation offers traders a maximum trading leverage of 1:400, with low spreads and access to more than 750 liquid instruments.
Clients can trade confidently knowing their funds are secure with this FSCA-regulated Forex broker.
Trade Nation guarantees Negative balance Protection, same-day withdrawals and access to MetaTrader 4 platforms and tools.
Traders can use a variety of educational resources and trading tools, and Blackstone Futures provides flexible payment options.
Trade Nation Pros and Cons:
| ✔️Pros | ❌Cons |
| Regulated by FSCA | Not accessible by US clients |
| Negative balance protection | No crypto trading |
| No penalty fees for inactivity | No Islamic accounts |
| Withdrawals and deposits are free |
Forex.com
Overall Rating USD 100 FCA, IIROC, ASIC, CFTC 📱 Platforms MT4, MT5, Forex.com apps ₿ Crypto Yes 💵 Account Currency EUR, GBP, USD No 📊 Leverage 1:40 🛒 Instruments Forex, Indices, Stocks, Commodities, Metals, Crypto 🏛️ Visit Broker
3.9/5
Minimum Deposit Regulators Islamic Account
As a Forex.com client, you will be able to trade Indices, Commodities, Metals, Stocks, Crypto and Forex, with a total of more than 4,000 shares on offer.
The minimum deposit at Forex.com is 50 USD and accounts can be funded using EUR, JPY CHF, GBP, AUD or USD.
Forex.com offers its clients many advanced trading tools and if you are a high-volume trader, you can use the active trader program.
Forex.com Pros and Cons:
| ✔️Pros | ❌Cons |
| Cash rebates program | No swap-free accounts |
| SMART trading tools | Inactivity fees |
| 4,500+ shares |
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 trusted by over 300,000 clients and is regulated by ASIC, FCA, JFSA, IIROC and CFTC.
The minimum deposit at City Index is relatively low and you can fund your account using AUD, EUR, CHF, PLN, HUF, GBP, USD and JPY.
City Index provides a great range of tools, such as trading signals, charts, volatility alerts and analytics tools to measure performance.
City Index Pros and Cons:
| ✔️Pros | ❌Cons |
| 12,000+ markets | Inactivity is penalised |
| Trading bonuses | High fees on stock CFDs |
| 5+ base currencies | |
| Beginner-friendly |
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 is a leader in Forex and CFD trading and we high recommend this broker to all types of traders.
This broker provides learning material and an excellent trading academy for beginners, and as a client, you will be able to trade more than 7,000 CFDs, over 100 currency pairs and much more.
Interactive Brokers has a good reputation and is regulated by FCA ASIC, CFTC and USSEC.
Interactive Brokers Pros and Cons:
| ✔️Pros | ❌Cons |
| No minimum deposit | No Islamic accounts |
| 10+ base currencies | No trading bonuses |
| 7,000+ CFDs | |
| 100+ order types |
FxPro
Overall Rating USD 100 FCA, CySEC, FSCA 📱 Platforms FxPro platform, cTrader, MT4, MT5 Yes 💵 Account Currency EUR, USD, GBP, CHF, PLN, AUD, JPY, ZAR Yes 📊 Leverage 1:200 🛒 Instruments Forex, Metals, Indices, Shares, Energies
4.6/5
Minimum Deposit Regulators Islamic Account
FxPro is regulated by FSCA, FCA and CySEC, and is a popular Forex broker with a good track record.
This broker supports multiple platforms, including MT4 and MT5, cTrader and the proprietary FxPro platform, but only 1 type of account is offered.
The FxPro trading account can be funded using JPY, CHF, PLN, USD, EUR, AUD, ZAR or GBP, and a minimum deposit of 100 USD is required.
FxPro Pros and Cons:
| ✔️Pros | ❌Cons |
| Tier-1 regulations | 1 account types |
| 5+ base currencies | Inactivity fees |
| Copytrading allowed |
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 a leading CFD broker and is suitable for beginners and social traders.
This broker has over 300,000 clients and is regulated by CMA, FCA, DFSA, ASIC, BaFIN, CySEC and SCB.
Pepperstone offers 2 accounts and accounts can be funded with several currencies, including AUD, NZD, SGD, EUR, JPY, GBP, HKD, USD and CHF.
Pepperstone Pros and Cons:
| ✔️Pros | ❌Cons |
| Many top-tier regulations | Minimum deposit is high |
| MetaTrader support | |
| Low spreads | |
| Variety of trading tools |
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 is suitable for beginners, corporate, professional and retail traders.
IG offers more than 17,000 instruments across 5 asset classes and is compatible with MetaTrader4, ProRealTime and L2 Dealer.
IG allows funding with a variety of currencies, including EUR, SGD, GBP, USD, AUD and HKD, and offers a trading academy for beginners where they can access trading courses, demo accounts and more.
IG Pros and Cons:
| ✔️Pros | ❌Cons |
| Several base currencies allowed | High minimum deposit |
| Promotional offers | No swap-free accounts |
| Low trading fees |
Conclusion
We hope that this review of the 15 Best FTSE 250 Brokers will help you find a broker that aligns with your trading goals so that you can trade with confidence.
There are many benefits to trading with one of these brokers. Buying shares in companies on the FTSE 250 list ensures that you invest only in the top-performing, most-trusted companies globally.
The FTSE 250 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!
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