Best Brokers With The Fewest Losing Traders

Author - Michael MacKenzie
Author
Michael MacKenzie
Michael is a UK-based investment writer with over 10 years of experience in the journalism industry. Michael has critically evaluated many of the largest investment brokers in the UK, offering authentic insights.
Editor - James Barra
Editor
James Barra
James is a UK-based writer and investor with consultancy experience at some of Britain's largest financial organisations. James authors, edits and fact-checks content for a row of investing websites.
Fact Checker - Tobias Robinson
Fact Checker
Tobias Robinson
Tobias is a UK director and partner at Investing.co.uk. He provides commentary on the financial markets in the UK and supports the testing team with first-hand observations from over two decades of active trading.

Regulated brokers are required to publish figures on the percentage of clients that lose money on their platforms. We’ve collated these so you can see the brokers with the fewest losing traders, otherwise known as the brokers with the most winning traders.

Top UK Brokers With The Most Winning Traders

After recording the percentage of traders that lose on their platforms, these brokers stand out with the fewest losers:
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    Founded in 2005, FXOpen is a well-regulated broker that has drawn over one million traders. Tailored for active trading, it offers a diverse range of over 700 markets. The platform facilitates high-frequency trading, scalping, and various algorithmic strategies through the use of expert advisors (EAs).

    Winning Traders: 40%

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs FCA, CySEC, FC TickTrader, MT4, MT5, TradingView
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30 (EU, UK), 1:1000 (Global)
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    eToro, a leading multi-asset platform, provides access to trading services across thousands of CFDs, stocks, and cryptocurrencies. Established in 2007, it boasts millions of active traders worldwide and is sanctioned by top-tier regulators such as the FCA and CySEC. It stands out for its extensive social trading feature. Crypto investments are unstable and carry risk. Tax implications might apply. Acknowledge the risks involved. 61% of retail CFD accounts incur losses.

    Winning Traders: 39%

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral
    Min. Deposit Min. Trade Leverage
    $50 $10 1:30
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    Interactive Brokers (IBKR), a leading brokerage, offers access to 150 markets across 33 countries and provides extensive investment services. With more than 40 years of experience, this Nasdaq-listed company complies with strict regulations from the SEC, FCA, CIRO, and SFC. It is among the most reliable brokers worldwide for traders.

    Winning Traders: 38%

    Instruments Regulator Platforms
    Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
    Min. Deposit Min. Trade Leverage
    $0 $100 1:50
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    Hantec Markets, founded in Hong Kong in 1990, initially focused on the Chinese and Taiwanese markets. The broker rebranded in 2008, expanding into the UK, Australia, Japan, and other regions. By 2022, it had further strengthened its presence in Latin America. Today, Hantec operates as a multinational brokerage, with 18 offices across Europe and Asia.

    Winning Traders: 38%

    Instruments Regulator Platforms
    Forex, CFDs, Indices, Stocks, Commodities, Cryptos FCA MT4, MT5, TradingCentral
    Min. Deposit Min. Trade Leverage
    $100 0.01 Lots 1:30
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    FXCM, a reputable forex and CFD broker founded in 1999, is headquartered in the UK. It has garnered multiple accolades and operates in several regions, including the UK and Australia. Offering more than 400 assets and comprehensive analysis tools without any commission charges, FXCM is a favoured option among traders. The broker is also under the regulation of leading bodies such as the FCA, ASIC, CySEC, FSCA, and BaFin.

    Winning Traders: 37%

    Instruments Regulator Platforms
    Forex, Stock CFDs, Commodities CFDs, Crypto CFDs FCA, CySEC, ASIC, FSCA, BaFin, CIRO Trading Station, MT4, TradingView, Quantower
    Min. Deposit Min. Trade Leverage
    $50 Variable 1:400
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    Spreadex, regulated by the FCA, provides spread betting across 10,000+ CFD instruments, including 60 forex pairs. Traders have the option to engage in short-term positions on sporting events as well. With a history exceeding 20 years, the company has earned numerous accolades.

    Winning Traders: 35%

    Instruments Regulator Platforms
    Forex, CFDs, Indices, Commodities, Stocks, Crypto, Bonds, Interest Rates, ETFs, Options, Spread Betting FCA Spreadex Platform, TradingView, AutoChartist
    Min. Deposit Min. Trade Leverage
    £0 £0.01 1:30
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    Founded in 2001, easyMarkets has earned a reputation as a reliable fixed spread broker. With continuous advancements, it distinguishes itself in the market. The firm has integrated the MetaTrader suite and TradingView, and enhanced unique risk management tools such as dealCancellation.

    Winning Traders: 33%

    Instruments Regulator Platforms
    CFDs, Forex, Stocks, Indices, Commodities, Crypto CySEC, ASIC, FSCA, FSC, FSA easyMarkets App, Web Platform, MT4, MT5, TradingView, TradingCentral
    Min. Deposit Min. Trade Leverage
    $25 0.01 lots 1:2000

Safety Comparison

Compare how safe the Best Brokers With The Fewest Losing Traders are and what features they offer to protect traders.

Safety Comparison
Broker Trust Rating FCA Regulated Negative Balance Protection Guaranteed Stop Loss Segregated Accounts
FXOpen 3.9
eToro 4.5
Interactive Brokers 4.5
Hantec Markets 4
FXCM 4.3
Spreadex 4
easyMarkets 4.1

Payments Comparison

Compare which popular payment methods the Best Brokers With The Fewest Losing Traders support and whether they have trading accounts denominated in British Pounds (GBP).

Payments Comparison
Broker GBP Account Debit Card Credit Card Neteller Skrill Apple Pay
FXOpen
eToro
Interactive Brokers
Hantec Markets
FXCM
Spreadex
easyMarkets

Mobile Trading Comparison

How good are the Best Brokers With The Fewest Losing Traders at mobile trading using apps or other mobile interfaces.

Mobile Trading Comparison
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
FXOpen iOS & Android 5 5
eToro iOS & Android 4 3.8
Interactive Brokers iOS & Android 4.3 4.5
Hantec Markets 4.8 4.4
FXCM iOS and Android 3.1 4.5
Spreadex iOS & Android 4.5 4.5
easyMarkets iOS & Android 4.6 3.6

Beginners Comparison

Are the Best Brokers With The Fewest Losing Traders good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?

Beginners Comparison
Broker Demo Account Minimum Deposit Minimum Trade Support Rating Education Rating
FXOpen $100 0.01 Lots 3.8 1.5
eToro $50 $10 2.5 4
Interactive Brokers $0 $100 3 4.3
Hantec Markets $100 0.01 Lots 3.5 2.5
FXCM $50 Variable 4.3 3.5
Spreadex £0 £0.01 4.3 4
easyMarkets $25 0.01 lots 3.8 4

Advanced Trading Comparison

Do the Best Brokers With The Fewest Losing Traders offer features that allow for more advanced trading strategies?

Advanced Trading Comparison
Broker Automated Trading Pro Account Leverage VPS AI Low Latency Extended Hours
FXOpen Expert Advisors (EAs) on MetaTrader 1:30 (EU, UK), 1:1000 (Global)
eToro Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. 1:30
Interactive Brokers Capitalise.ai & TWS API 1:50
Hantec Markets Expert Advisors (EAs) on MetaTrader 1:30
FXCM - 1:400
Spreadex 1:30
easyMarkets Expert Advisors (EAs) on MetaTrader 1:2000

Detailed Rating Comparison

Use this heatmap to compare our detailed ratings for all of the Best Brokers With The Fewest Losing Traders.

Detailed Rating Comparison
Broker Trust Platforms Mobile Assets Fees Accounts Support Research Education
FXOpen 3.9 4 5 3.5 3.8 3.5 3.8 2 1.5
eToro 4.5 2.8 3.9 3.8 3.4 4.1 2.5 4.3 4
Interactive Brokers 4.5 3.3 4.4 4.7 4.3 3.5 3 4.4 4.3
Hantec Markets 4 3 4.6 3 3.5 3 3.5 3 2.5
FXCM 4.3 4 3.8 4 3.5 3.8 4.3 3.8 3.5
Spreadex 4 3.8 4.5 4.5 4 3.8 4.3 4.3 4
easyMarkets 4.1 4 4.1 3.5 3.3 3.8 3.8 4 4

Our Take On FXOpen

"FXOpen is perfect for high-volume traders, providing swift execution via its ECN system, spreads starting at 0 pips, and reduced commissions as low as $1.50 per lot."

Pros

  • FXOpen integrated TradingView in 2022 and enhanced its TickTrader platform in 2024. This upgrade delivers Level 2 pricing, over 1,200 trading instruments, and sophisticated order options. The platform appeals to both seasoned and high-frequency traders.
  • In 2024, FXOpen simplified its account options. Traders now benefit from ECN accounts with raw spreads starting at 0.0 pips. The platform offers rapid execution and reduced commissions for those with high trading volumes, enhancing user experience.
  • FXOpen significantly cut FX spreads by over 40% in 2022. In 2023, they launched commission-free index trading. These changes make trading more economical for traders.

Cons

  • Even with an expanded asset portfolio, FXOpen provides a more limited selection of global stocks, commodities, and cryptocurrencies compared to the leading firm BlackBull. This results in fewer diverse trading opportunities for traders.
  • FXOpen's educational resources are quite limited, with a scarcity of courses and webinars commonly available at brokers such as IG. This deficiency may deter novice traders looking to enhance their understanding.
  • Though FXOpen remains a trusted broker with authorizations from the FCA and CySEC, it lost its ASIC license in 2024 due to 'serious concerns.' Consequently, it no longer accepts traders from Australia.

Our Take On eToro

"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."

Pros

  • Utilising TradingView, the charts provide robust tools for technical analysis, featuring nine chart types and more than 100 indicators.
  • Leading traders participating in the broker's Popular Investor Programme can earn yearly compensation of up to 1.5% of the copied assets.
  • eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025, offering a vast selection of tokens, dependable service, and competitive fees.

Cons

  • The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
  • The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
  • There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.

Our Take On Interactive Brokers

"Interactive Brokers ranks highly for seasoned traders due to its robust charting platforms, live data, and bespoke layouts via the new IBKR Desktop app. Its competitive pricing and sophisticated order choices appeal to traders, and its wide equity options are industry-leading."

Pros

  • While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
  • The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.
  • A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.

Cons

  • The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
  • You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
  • Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.

Our Take On Hantec Markets

"Hantec Markets is ideal for those seeking a basic MetaTrader broker for trading CFDs in stocks, forex, indices, commodities, and cryptocurrencies. Yet, its scalping limits deter some traders, and its customer support and educational resources lag behind top brokers."

Pros

  • Hantec Markets provides eight different account base currencies, enabling traders worldwide to dodge conversion fees and ensuring a smooth trading experience.
  • In certain regions, experienced traders can access high leverage of up to 1:1000, enhancing both gains and losses.
  • Hantec Markets, an established broker since 1990, is trusted and regulated by top-tier authorities like the FCA and ASIC.

Cons

  • There is no specialised software designed for new traders, nor is there integration with the popular TradingView and cTrader platforms. Moreover, MT5 isn't accessible in some regions, such as the UK.
  • The educational resources, mainly long-form articles, require updating. Incorporating interactive features and videos would align them more closely with IG's training materials.
  • Hantec Markets must enhance its investment options to compete with industry leaders like Blackbull Markets, particularly by expanding its range of currency pairs and commodities.

Our Take On FXCM

"FXCM remains a leading choice for traders using automated strategies, offering four robust platforms, strategy backtesting, and algorithmic trading via APIs. It is also ideal for active traders, providing discounted spreads and minimal to zero commissions on popular assets."

Pros

  • Traders have access to premium tools such as a market scanner, forex signals, and research from the third-party site eFXPlus.
  • FXCM boasts a strong international reputation, holding licences from the FCA, ASIC, CySEC, and FSCA. With two decades of experience, it commands respect in the trading industry.
  • A variety of funding options, such as bank cards, Apple Pay, and PayPal, are available with immediate processing.

Cons

  • While FXCM primarily caters to seasoned traders, the absence of managed accounts is unfortunate.
  • The live chat support is often sluggish and inconsistent when compared to leading competitors.
  • There are no retail account options available for traders, and Cent/Micro account alternatives are also absent.

Our Take On Spreadex

"Spreadex attracts UK traders keen on spread betting in financial markets and traditional sports wagers. It offers low fees for short trades, and spread bet profits are tax-free. With a robust charting platform and no minimum deposit, it's easy to begin."

Pros

  • Traders can place wagers on sporting events directly through their brokerage accounts.
  • There are appealing new account promotions, such as double the odds and matched betting offers.
  • There is a superb selection of instruments and trading vehicles for short-term traders.

Cons

  • There is no support for expert advisors or trading bots.
  • The absence of a demo account may dishearten potential clients wishing to evaluate Spreadex's offerings.
  • Limited customer support may lead to delays in resolving issues.

Our Take On easyMarkets

"easyMarkets offers fixed spreads from 0.7 pips, ideal for new traders needing predictable costs. With a Bitcoin-based account available, it's also a top choice for crypto-focused traders wishing to trade, deposit, and withdraw in digital currencies."
Christian Harris
Christian Harris
Reviewer

Pros

  • While most brokers we've reviewed—over 90%—offer variable spreads, easyMarkets stands out by providing fixed spreads starting at 0.7 pips. Fixed spreads ensure predictability in trading costs, a major benefit for novices and those operating in volatile markets.
  • In 2019, easyMarkets introduced Bitcoin as a base currency. This distinguished the platform from much of the market by removing the necessity to convert cryptocurrencies into fiat money. Consequently, conversion fees are lowered, and it simplifies administration for traders focusing on cryptocurrencies.
  • easyMarkets prioritises risk management by offering negative balance protection and guaranteed stop losses. In 2024, its dealCancellation feature on the Web Trader was improved to allow for cancellation periods of 1, 3, or 6 hours.

Cons

  • easyMarkets lacks a zero-spread account, unlike Pepperstone, which may disadvantage traders and high-frequency traders needing low transaction costs.
  • easyMarkets delivers solid educational resources tailored for beginners, though it doesn't quite meet the needs of seasoned traders. The Academy presents well-structured courses with interactive gamification, yet the content is somewhat superficial.
  • easyMarkets is lagging due to the absence of copy trading features found at industry leader eToro. These features are highly sought after by novices wishing to emulate strategies of seasoned traders.

How Investing.co.uk Chose The Brokers With The Fewest Losing Traders

We reviewed the regulator-required statistics on client trading outcomes that brokers must publish under ESMA and other oversight rules.

We recorded these figures and then ranked brokers based on the percentage of traders reporting losses, highlighting those with the lowest proportion.

Investing.co.uk day trading platforms research methodology

What To Look For In A Broker

There are many reasons a broker’s clientele might have a high win rate, but the losing percentage isn’t necessarily reflective of the level of service offered by UK trading firms. While a useful metric, for us the best brokers with the fewest losing traders also excel in the following areas:

Trust

As with any broker we review, we’re looking for reliable and trustworthy firms as a top priority, and we won’t recommend any that fail to meet our strict requirements on trust.

Foremost among these is regulation, as we favour firms that are overseen by the UK’s Financial Conduct Authority (FCA) or another respected international regulator.

This is especially important when it comes to discerning the number of losing traders because the FCA and European regulators require brokers to disclose this information. So, if you find the percentage of losing traders prominently displayed on a broker’s website, it is likely to be overseen by one of these regulators.

  • FXCM is a reputable firm with licenses from numerous respected bodies around the world, including the FCA, the Cyprus Securities and Exchange Commission (CySEC) and Australian Securities and Investments Commission (ASIC).

Fees

You’ll have a better chance of a consistent win rate if you choose a broker with low fees as each trade you make has a lower bar to profitability.

For us, the most important fee for traders is the spread – the difference between an instrument’s buy and sell price – because this represents the first hurdle you need to cross before you make a profit.

Let’s say you open a trade on EUR/USD with a broker that charges a 1-pip spread. The currency will need to move at least 1.1 pips in your direction before you start making a profit.

But many brokers charge a much tighter spread on a major pair like EUR/USD, and with a 0.1-pip spread, your threshold to profit is 90% lower, which naturally translated to more winning trades.

You also need to consider any commission fees, which are often necessary to unlock the accounts with the tightest spreads, as well as non-trading fees such as deposit/withdrawal charges.

  • Spreadex is a low-cost CFD and spread betting broker that charges no commission on spread betting and many CFDs, and no hidden fees. An added bonus for UK traders is that profits from spread betting are not subject to tax.

Leverage

Leverage allows you to increase the size of your position with borrowed funds, and when used wisely this can increase your gains from winning trades and will have a positive effect on your overall profitability.

Note that your losses will also be magnified in leveraged trades, so you need to use this tool with care.

You need to trade very carefully when you use leverage, since a poorly planned trade or an unexpected turn of events can leave you very far out of pocket.

I suggest using leverage conservatively, and employing strong risk management techniques when you do. Stop loss orders, for example, will prevent sudden, sharp market movements from wiping out your trading capital.

author image
Michael MacKenzie
Author
  • easyMarkets is a reliable option for UK investors looking for high leverage, with various accounts offering leverage from 1:200 up to a stratospheric 1:2000. This is far more than most traders will need, but it will appeal to seasoned professionals with a high risk tolerance.

Copy Trading

You can sometimes significantly boost your win rate by using copy or social trading to benefit from the expertise of a professional trader or investor.

We find this feature especially useful for new traders and those with little time to analyse markets and research trades.

The best copy trading brokers provide detailed information on all aspects of the master trader’s style, track record and portfolio, allowing you to make an informed decision before you invest.

eToro's copy trading interface

Traders can easily find and compare successful master traders on eToro’s copy trading interface

  • eToro is a copy trading pioneer and still provides one of the best experiences for traders who use this feature, with an intuitive and easy-to-use platform that allows traders to easily find and compare master traders who suit their needs.

Platforms & Apps

You should choose a broker with powerful charting platform options and apps as these crucial tools help you plot and execute your trades effectively, and naturally impact your ratio of winning and losing trades.

The top brokers offer stable trading platforms and apps. Look for customisation, order types, intuitive charts, automated trading, and integrated news streams. Long-time favourites include MetaTrader 4, MetaTrader 5, and cTrader, and the newer TradingView has quickly become a leading option.

  • FxOpen remains a top option for its platform choices, with traders able to use MT4, MT5, TradingView or the proprietary TickTrader platform.

In line with transparency requirements introduced by the European Securities and Markets Authority (ESMA) in 2018, brokers must disclose the percentage of traders that win/lose money on their platforms. This accompanied a ban on the sale of binary options and restrictions on the marketing of CFDs.

Prior to this, some brands used misleading advertisements and messaging that did not adequately convey the risks of online trading.

Brokers must update these figures every three months to comply with the rules.

Where To Find Figures On Losing Traders

The percentage of clients that lose money must be displayed clearly on a broker’s website, usually at the top or bottom of each webpage.

Pepperstone, for instance, publishes this information in the header of every page on its UK site.

Pepperstone risk warning with percentage of losing traders

Brokers that do not clearly display the winning/losing percentage may not be regulated, and if they are, they could be in breach of the requirements. Either way, this is a red flag.

What The Figures Mean (And Don’t Mean)

Unsurprisingly, the brokers with the fewest losing traders are likely to attract new users. However, a word of warning…

The percentage of winning/losing traders can change significantly. Volatile assets like cryptocurrency and unpredictable events can cause a spike or drop in the figures. With this in mind, compare similar brands over the same period.

Copy trading has also had an impact on published figures. Losing traders can now opt to follow the strategies and positions of experienced traders, potentially boosting their returns, and in turn, the percentage of profitable clients overall.

Ultimately, brokers with the fewest losing traders are able to stay profitable despite more users making money on their platforms and apps. How they can do this will vary, from lower overheads to higher fees in other areas.

Bottom Line

It is a legal requirement for UK-regulated brokers to publish and update figures on the number of losing traders on their platform. This is good news for traders, who can now see which brokers have the most winning traders. It is also a win for online brokers, who have another marketing tool to attract new retail investors.

FAQ

Do Brokers Have To Publish Losing Trader Figures?

In line with ESMA’s 2018 transparency rules, authorised brokers must publish details of the number of winning/losing customers. This information is publicly available and can normally be viewed in the header or footer of a brand’s website.

How Do Brokers With The Fewest Losing Clients Make Money?

Brokers may charge higher fees in other areas, from wider spreads and larger commissions to withdrawal fees and charges for extra tools and market data. The losing trading percentage isn’t necessarily reflective of the overall service provided by brokers.

Article Sources

ESMA Restrictions On CFDs & Binary Options – 2018