All Share (J203) = 88 553
Rand / Dollar = 18.55
Rand / Pound = 23.35
Rand / Euro = 19.34
Gold (usd/oz) = 2 940.12
Platinum (usd/oz) = 975.82
Brent (usd/barrel) = 76.51
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

15 Best FTSE 250 Forex Brokers

Best FTSE 250 Forex Brokers

 

The Financial Times Stock Exchange (FTSE) 250 is a popular index that contains the best FTSE 250 Forex brokers. Companies are listed on the London Stock Exchange (LSE) according to their market capitalization.

 

10 Best FTSE 250 Forex Brokers Revealed (2025):

  1. ☑️ XTB
  2. ☑️ Capital.com
  3. ☑️ CMC Markets
  4. Plus500
  5. Interactive Brokers
  6. FxPro
  7. Trading 212
  8. XM
  9. IG
  10. eToro

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

XTB

Min Deposit

USD 0

Regulators

FCA, CySEC, IFSC, KNF

Trading Platform

MT4, xStation

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

XTB Pros and Cons

✅ Pros❌ Cons
Award-winning proprietary trading platformUS clients not accepted
Variety of financial instrumentsInactivity fee charged
Competitive trading conditions
Useful trading tools

 

XTB features

XTB is one of the largest CFD and forex brokers listed on a stock exchange, facilitating the trade of more than 1,500 different financial instruments across several markets. XTB is well-regulated through a string of market regulators and is authorized to offer trading solutions in several jurisdictions.

When trading with XTB, traders can expect access to competitive trading conditions, rapid trade execution speeds, education and research materials, useful trading tools, and powerful trading software.

 

Capital.com

82.67% of retail investor accounts lose money

Overall Rating

Min Deposit

$20 by card

Regulators

FCA, CySEC, ASIC, SCB

Trading Platform

Proprietary Web-Based Platform

Crypto

CFD

Total Pairs

120+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Capital.com Pros and Cons

✅ Pros❌ Cons
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

 

Capital.com features

 

Established in 2006, Capital.com is a large and popular online trading broker with more than 360,000 registered users. Traders can trade more than 2,000 financial instruments which are spread across several markets through powerful trading platforms.

Apart from tailor-made and competitive trading conditions that suit both professional and novice traders, Capital.com also has reliable trade execution speeds, negative balance protection, and dedicated multilingual customer support.

 

CMC Markets

Min Deposit

USD 0

Regulators

FCA, IIROC, ASIC, FMA, MAS

Trading Platform

MT4

Crypto

Yes

Total Pairs

158

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

CMC Markets Pros and Cons

✅ Pros❌ Cons
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

 

CMC Markets features

 

CMC Markets is a large, stock exchange0listed market maker broker that has been in operation for more than 30 years. Traders are provided access to over 10,000 tradable financial instruments which can be traded through powerful, innovative trading platforms.

Traders are also granted access to comprehensive technical analysis, newsfeeds for fundamental analysis, in-depth market analysis, and a range of useful trading tools and education.

Apart from being a reputable CFD and forex broker, CMC Markets is also one of the leading spread betting providers in the United Kingdom, offering traders transparent fee schedules and a plethora of trading opportunities.

 

Plus500

Min Deposit

USD 100

Regulators

CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA

Trading Platform

WebTrader

Crypto

Yes (Availability subject to regulations)

Total Pairs

70+

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Plus 500 Pros and Cons

✅ Pros❌ Cons
No commissions and tight spreadsInactivity fee charged on dormant accounts
Multi-regulatedFixed spread accounts are not offered
No deposit or withdrawal fees
Excellent 24/7 customer support

 

Plus500 features

 

Plus500 is a popular CFD provider that offers more than 2,000 tradable financial instruments that can be traded through an award-winning proprietary trading platform. Plus500 offers no commissions and tight spreads, competitive trading conditions, innovative trading technology, and high liquidity paired with fast and reliable trade execution speeds.

Plus500 is a CFD provider that is listed on the London Stock Exchange and forms part of the FTSE250 index.

 

Interactive Brokers

Min Deposit

USD 0

Regulators

CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF

Trading Platform

Proprietary Platforms

Crypto

Yes

Total Pairs

91

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Interactive Brokers’ Pros and Cons

✅ Pros❌ Cons
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

 

Interactive Brokers features

Interactive Brokers is one of the largest brokers in the United States that has regulations and authorization through several different market regulators, with the necessary licenses to offer trading solutions to traders from around the world.

Interactive Brokers is also well-known for its plethora of trading opportunities, and advanced and user-friendly trading technologies, especially the “SmartRouting” technology that ensures that traders have access to the best pricing possible.

In addition, traders can expect transparent fee schedules, professional customer service, award-winning trading platforms, and access to more than 125 markets in 31 countries.

 

FxPro

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FXPro Pros and Cons

✔️ Pros❌ Cons
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

 

FXPro features

 

Established in 2006, FxPro is a well-regulated Forex and CDF broker that provides more than 1.3 million registered traders with competitive trading conditions, access to more than 260 tradable instruments, and powerful trading platforms.

FxPro is one of the most popular forex brokers in the industry that not only ensures client fund security but caters to both beginner and professional traders by offering tailor-made solutions. FxPro uses a No-Dealing Desk (NDD) model that ensures some of the best trading execution and minimal intervention in the pricing that traders receive.

 

Trading 212

Min Deposit

USD 1

Regulators

FCA, FSC, CySEC

Trading Platform

Proprietary Platform

Crypto

Yes

Total Pairs

30

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Trading 212 Pros and Cons

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

 

Trading 212 features

 

Trading 212 is a popular forex broker and trading platform that caters to traders from around the world. Trading 212 offers more than 2,000 tradable instruments from several different financial markets including forex, commodities, indices such as FTSE 250, and more.

Trading 212 is known for providing a user-friendly, powerful proprietary trading platform and application that allows for the seamless integration of trading accounts, trading activities, and more.

Trading 212 caters to both beginners and professional traders, offering them a range of trading opportunities, educational sources, and useful trading tools.

 

XM

Min Deposit

USD 5

Regulators

FSC, CySEC, ASIC,

Trading Platform

MT4, MT5

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

XM Pros and Cons

✅ Pros❌ Cons
Negative balance protectionUS clients not accepted
Strict regulationFixed spreads not offered
Range of trading platformsInactivity fees charged

 

XM features

 

XM is a popular, award-winning, and large forex and CFD broker that serves more than 2.5 million retail and institutional traders from 196 countries worldwide. Established in 2009, XM has a rich history filled with industry awards for its comprehensive services, reliable trade execution, and powerful trading platforms.

Both beginner and professional traders can expect a choice in trading accounts and competitive trading conditions that consist of no-requotes, tight spreads, negative balance protection applied to retail accounts and more than 1,000 financial instruments that can be traded.

 

IG

Min Deposit

USD 0

Regulators

FCA, BaFin, FINMA, DFSA, MAS, ASIC, FSCA

Trading Platform

MT4

Crypto

Yes

Total Pairs

80

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IG Pros and Cons

✅ Pros❌ Cons
Well-regulated by several market regulatorsThere is an inactivity fee charged
Powerful and user-friendly trading platforms
Competitive trading conditions
Variety of trading tools

 

IG features

 

IG is one of the largest, most reputable CFD and forex online brokers in the industry that provides more than 17,000 tradable instruments over several different financial markets. Apart from a choice in retail investor accounts, IG also offers a selection of innovative trading technology, trading tools, and a wide range of educational materials and tools.

The spreads offered by IG are both tight and competitive, with low commission charges, deep liquidity, and reliable trade execution speeds. Traders have the freedom to use different trading styles as well as strategies while they trade with IG.

 

eToro

Min Deposit

USD 50 in *certain countries 

Regulators

FCA, ASIC, CySEC

Trading Platform

Proprietary WebTrader

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

eToro Pros and Cons

✅ Pros❌ Cons
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

 

eToro features

 

eToro is the leading online social trading platform and a reputable provider of CFD and forex instruments spread across several markets. With eToro, traders can expect competitive trading conditions and the use of a powerful proprietary trading platform through which trades can be executed seamlessly.

eToro also offers a range of analytical tools, unlimited access to the stock market, user-friendly solutions, and more. Traders can also conduct fundamental and technical analysis, use advanced charting features, and enjoy safe and transparent access to a well-protected trading platform.

 

AvaTrade

 

AvaTrade Pros and Cons

✅ Pros❌ Cons
Well-regulatedUS clients are not accepted
Multiple awards won over the years
Tight spreads and zero commissions
Powerful trading platforms

 

AvaTrade features

 

AvaTrade is one of the largest and most reputable forex and CFD brokers that have multi-regulation with several entities, having won a wide range of industry awards for its comprehensive trading conditions and services.

With AvaTrade, traders have access to more than 1,250 tradable instruments and access to several trusted trading platforms including MetaTrader and proprietary trading software available across several different devices.

 

Fidelity

Min Deposit

USD 1

Regulators

SEC, FINRA

Trading Platform

Active Trader Pro

Crypto

No

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Fidelity Pros and Cons

✅ Pros❌ Cons
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

 

Fidelity features

 

Fidelity is a large and reputable US-based broker that offers comprehensive trading solutions to retail and professional traders and investors from around the world. When dealing with Fidelity, traders and investors can expect commission-free trading on stocks, ETFs, and options, with competitive and transparent trading and non-trading fees.

Along with this, traders are given reliable trade execution, advanced trading tools, and a powerful trading platform through which trades can be executed seamlessly.

 

TD Ameritrade

Min Deposit

USD 0

Regulators

SEC, FINRA, CFTC, MAS

Trading Platform

Web Trading Platform, ThinkorSwim

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

TD Ameritrade Pros and Cons

✅ Pros❎ Cons
Well-regulatedRestricted leverage
SIPC memberMetaTrader not offered
Advanced trading tools providedLimited funding options

 

TD Ameritrade features

 

TD Ameritrade is another large and popular United States-based broker that offers a wide range of financial instruments that can be traded through powerful trading platforms. TD Ameritrade offers unique solutions to both retail and professional traders along with a choice of trading tools and educational resources.

Traders can expect stocks, futures, mutual funds, options, exchange-traded funds (ETFs), and several other tradable instruments.

 

Pepperstone

Min Deposit

USD 0

Regulators

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

Trading Platform

MT4, MT5, cTrader, TradingView

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pepperstone Pros and Cons

✔️ Pros❌ Cons
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

 

Pepperstone features

 

Pepperstone is one of the largest brokers in the world that offers unique trading solutions and competitive trading conditions to both beginner and professional traders alike. Traders can also expect access to user-friendly trading platforms, innovative trading technology, and some of the best trading conditions in the industry.

 

IC Markets

Min Deposit

USD 200

Regulators

ASIC, CySEC, FSA, SCB

Trading Platform

MT4, MT5, WebTrader

Crypto

Yes

Total Pairs

61

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

IC Markets Pros and Cons

✔️ Pros❌ Cons
Institution-grade liquidityNo US clients
True ECN brokerNo fixed spreads
Range of useful trading tools
The range of trading strategies supported

 

IC Markets features

 

IC Markets has been in operation since 2007 and it is one of the largest true ECN brokers that offer some of the best trade execution speeds in the industry. Traders have more than 285 financial instruments that can be traded through powerful trading platforms.

IC Markets is known for its competitive trading conditions, deep liquidity, rapid trade execution, and access to a variety of useful trading tools and educational sources.

 

Conclusion

 

Companies that are listed on the LSE and ranked on the FTSE 250 and which have a higher market capitalization subsequently represent a higher weight in the index. This has a significant effect on price movements on the index and there are reviews conducted on the FTSE 250 every three months, with the index’s composition changing as companies overtake one another.

Many forex brokers offer retail traders access to trade shares on the FTSE 250, but the following are the best in the industry.

 

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 and ranked according to their market capitalization.

 

Who are the best brokers for trading the FTSE 250?

The brokers on this list are some of the best brokers for both professional and beginner traders trading the FTSE 250.

 

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

This will depend on the individual broker as some may offer trading fees from 0.0 pips with ultra-low commissions from $1, whereas others offer wider spreads with commission-free trading.

 

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.

 

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.

4.7/5 - (33 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 6, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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