6 Best FTSE 250 Brokers
Last Update: April 8th, 2024
The 6 best FTSE 250 Brokers revealed. We have explored and tested several prominent brokers to identify the 6 best Brokers on our list.
In this in-depth guide you’ll learn:
- What is a FTSE trading broker and how to invest?
- Who are the 6 best FTSE 250 brokers?
- Pros and cons of each broker
- Popular FAQs about the 6 best FTSE brokers.
- Is it a good investment if you consider the 2024 forecast?
And lots more…
So, if you’re ready to go “all in” with 6 best FTSE 250 brokers…
Let’s dive right in…
🏆 10 Best Forex Brokers
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> |
| 🥈 |  | Read Review | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | SFSA, FSCA, CySec* | USD 5 | Visit Broker >> |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> |
| 6 |  | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> |
| 8 |  | Read Review | Not Regulated | 0.001 BTC | Visit Broker >> |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> |
| 10 |  | Read Review | CySEC,MISA, FSCA | USD 20 | Visit Broker >> |
6 Best FTSE 250 Brokers 2024*
- ☑️XTB – Overall, Best FTSE 250 Broker.
- ☑️Plus500 – Best for Cryptocurrency Trading
- ☑️Interactive Brokers – Best for Professional Traders
- ☑️XM – Best Trading Platform
- ☑️Group – Best for Professional Traders
- ☑️eToro – Best Trading Platform
What is a FTSE 250 Broker?
This broker is a financial institution specializing in trading and managing stocks listed on the Index, which comprises mid-cap companies on the London Stock Exchange.
These brokers provide services such as execution of trades, research, advisory, and portfolio management tailored to clients interested in this market segment.
Top 6 FTSE 250 Brokers
| 🔎Broker Name | 👉 Open Account | Minimum Deposit | Commissions | Trading Platform |
| XTB | 👉 Open Account | - | Variable spreads | Proprietary platform |
| Plus500 | 👉 Open Account | $100 | Variable spreads | Proprietary platform |
| Interactive Brokers | 👉 Open Account | $10,000 (varies by account type) | Low commissions | Client Portal Web & Mobile |
| XM | 👉 Open Account | $5 | Variable spreads | Proprietary platform |
| IG Group | 👉 Open Account | £250 | Variable spreads | Proprietary platform |
| eToro | 👉 Open Account | $10 | Variable spreads | Proprietary platform |
XTB
XTB is a leading brokerage firm offering access to a wide range of financial markets.
As a regulated broker, XTB ensures transparency and security for its clients. Traders can benefit from competitive spreads on the FTSE 250 instruments, facilitating cost-effective trading.
With a diverse selection of assets, including equities, indices, currencies, and commodities, XTB caters to various investment strategies.
Regulated by top-tier authorities such as the Financial Conduct Authority (FCA), XTB provides a trustworthy trading environment, adhering to strict regulatory standards.
Traders can access the Financial Times-Stock Exchange 250 through XTB’s user-friendly trading platforms, which offer advanced charting tools, real-time market data, and seamless order execution.
Whether through the intuitive web platform, desktop application, or mobile app, XTB ensures accessibility and convenience for traders seeking exposure to the FTSE 250 and other financial markets.
With XTB, investors can confidently navigate the complexities of trading and capitalize on opportunities within the Financial Times-Stock Exchange 250 index.
Unique Features
| Feature | Information |
| 🏛️ Regulation | FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, IFSC |
| 📲 Social Media Platforms | Facebook YouTube TikTok |
| 💻 Trading Accounts | Standard Account Swap-free Account Islamic Account Professional Account |
| 📊 Trading Platforms | xStation 5 xStation Mobile |
| 💰 Minimum Deposit | There is no specific minimum deposit required |
| 📉 Trading Assets | Forex Indices Commodities Stock CFDs ETF CFDs Cryptocurrencies |
| 💲 USD-based Account? | ✔️ Yes |
| 💲 USD Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️ Yes (except in US, as per US regulation) |
| 📈 Minimum spread | From 0.5 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
| BaFin Regulation? | ✔️ Yes |
| 👉 Open Account | 👉 Open Account |
Pros
| ✔️ Pros | ❌ Cons |
| xStation 5 is ideal for all traders | XTB has fewer tradable instruments compared to other brokers |
| XTB is known for its fast, high-quality customer support | Inactivity fees apply |
| XTB offers several educational resources | UK/EU clients are limited to 1:30 leverage |
| The spreads with XTB are reasonable Withdrawal fees apply | Withdrawal fees apply |
| Withdrawal fees apply |
Trust Score
XTB has a trust score of 95%.
Plus500
Plus500 is a prominent online brokerage offering access to a diverse range of financial markets, including the FTSE 250.
Through its intuitive and user-friendly trading platforms, such as web-based and mobile apps, Plus500 enables seamless trading experiences for its clients. Traders can access the Financial Times-Stock Exchange 250 and other indices, equities, commodities, and currencies, diversifying their investment portfolios.
With competitive spreads and no commissions on trades, Plus500 provides cost-effective trading opportunities. Additionally, traders benefit from a variety of trading tools, including real-time charts, technical indicators, and risk management features, empowering informed decision-making.
Plus500 prioritizes customer service, offering multilingual support and a comprehensive help center to assist traders with any queries or issues they may encounter.
Overall, Plus500 offers a convenient and reliable platform for accessing the FTSE 250 and other financial markets, complemented by robust trading tools and responsive customer service to support traders in achieving their investment goals.
Unique Features
| 📝 Regulation | CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA |
| 📱 Social Media Platforms | Facebook, Twitter, Telegram, Instagram, YouTube, LinkedIn |
| 🔎 Trading Accounts | Retail trading account |
| 💻 Trading Platforms | WebTrader |
| 💸 Minimum Deposit | USD100 |
| 🔁 Trading Assets | Forex, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, Stocks DMA, ETFs |
| 🚀 USD-based Account? | Yes |
| 💳 USD Deposits Allowed? | Yes |
| 💰 Bonuses for traders? | Yes |
| 📊 Minimum spread | From 0.0 pips |
| ✔️ Demo Account | Yes |
| ✔️ Islamic Account | Yes |
| 🎖 Open an Account | Open Account |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Intuitive and user-friendly trading platform. | Limited research and analysis tools compared to some competitors. |
| Wide range of tradable assets including Forex, stocks, commodities, cryptocurrencies, and indices. | Inactivity fees may apply to dormant accounts. |
| No commission on trades, with fees incorporated into spreads. | Withdrawal processing times can be slow. |
| Access to a free and unlimited demo account. | Limited customization options for trading interface. |
| Competitive spreads on major assets. | Availability of certain assets may be restricted in specific regions. |
Trust Score
Plus500 has a trust score of 85%.
Interactive Brokers
Interactive Brokers is a renowned brokerage offering extensive access to global financial markets, including the FTSE 250.
Through their sophisticated trading platform, clients can efficiently trade Financial Times-Stock Exchange 250 stocks and derivatives, accessing a broad range of investment opportunities.
Interactive Brokers provides competitive pricing with low commissions and tight spreads, facilitating cost-effective trading of FTSE 250 instruments.
Moreover, Interactive Brokers offers advanced trading tools and analytics, empowering traders to make informed decisions and execute trades with precision.
With access to comprehensive research and real-time market data, investors can stay ahead of market trends and capitalize on opportunities within the Financial Times-Stock Exchange 250 index.
Additionally, Interactive Brokers prioritizes security and transparency, being regulated by top-tier authorities globally.
Clients benefit from robust risk management features and reliable customer support, ensuring a secure and seamless trading experience.
Overall, trading FTSE 250 with Interactive Brokers offers investors flexibility, efficiency, and access to a diverse range of investment options within the UK mid-cap segment.
Unique Features
| 🔎 Feature | 👁️🗨️ Information |
| 🏛️ Regulation | FSCA, IFSC, ASIC, CySEC, DFSA |
| 📲 Social Media Platforms | LinkedIn YouTube |
| 🛍️ Retail Investor Accounts | 2 |
| 🗄️ PAMM Accounts | ✔️ Yes |
| 🏦 Liquidity Providers | Various banks and institutions |
| 🧑🤝🧑 Affiliate Program | ✔️ Yes |
| 🧑⚖️ Order Execution | Instant, Market |
| ➡️ OCO Orders | ✔️ Yes |
| 🖱️ One-Click Trading | ✔️ Yes |
| ✏️ Scalping | ✔️ Yes |
| 📌 Hedging | ✔️ Yes |
| 🤓 Expert advisors | ✔️ Yes |
| 🗞️ News Trading | ✔️ Yes |
| 📊 Trading Api | ✔️ Yes |
| 📈 Starting spread | Form 0.6 pips |
| 💵 Minimum Commission per Trade | From 0.0005 USD |
| 💻 Trading Platforms | IBKR Lite, IBKR Pro |
| 💻 Trading Accounts | Individual, Joint, Trust, IRA, Non-Professional Advisor, Family Office, Advisor, Advisor Client (including Non-Professional Advisor and Family Office), Broker Client, EmployeeTrack. |
| 📊 Trading Platforms | IBKR Trader WorkStation IBKR Desktop IBKR Mobile IBKR GlobalTrader IBKR Client Portal IBKR APIs IBKR Impact |
| 💰 Minimum Deposit | No specific minimum deposit required. |
| 📉 Trading Assets | Global Stocks, options, futures, currencies, cryptocurrencies |
| 💲 USD-based Account? | ✔️ Yes |
| 💲 USD Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️Yes (except for US traders, as per US regulation) |
| 📈 Minimum spread | From 0.0 pips |
| ☪️ Islamic Account | ❌ No |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Extensive range of financial instruments including stocks, options, futures, Forex, bonds, and more. | Complex fee structure that may be confusing for some traders. |
| Direct market access (DMA) providing transparent and efficient trading execution. | Higher minimum deposit requirements compared to some other brokers. |
| Competitive pricing with low commissions and margin rates. | Steeper learning curve for beginners due to the advanced trading tools and features. |
| Powerful trading platforms such as Trader Workstation (TWS) and IBKR Mobile, offering advanced tools and analytics. | Limited customer support options, primarily through email and chat. |
| Global presence with access to over 135 markets in 33 countries. | Inactivity fees on dormant accounts. |
Trust Score
Interactive Brokers has a trust score of 95%.
XM
XM is a reputable brokerage renowned for its extensive offerings in forex and CFD trading. Among its array of available financial instruments, XM does provide access to the FTSE 250, allowing traders to capitalize on opportunities within this mid-cap index.
With XM’s intuitive trading platforms, traders can efficiently execute trades on Financial Times-Stock Exchange 250 instruments, benefiting from competitive spreads and robust order execution.
Trading FTSE 250 with XM offers several advantages, including access to a diversified range of mid-cap stocks, potential for capital growth, and opportunities to diversify investment portfolios.
Additionally, XM prioritizes client satisfaction, offering responsive customer support, educational resources, and a secure trading environment regulated by reputable authorities.
Overall, trading the Financial Times-Stock Exchange 250 with XM provides traders with flexibility, convenience, and access to a dynamic segment of the UK stock market, complemented by XM‘s comprehensive trading services and support.
Unique Features
| Feature | Information |
| 🏛️ Regulation | FSCA, IFSC, ASIC, CySEC, DFSA |
| 📲 Social Media Platforms | LinkedIn YouTube |
| 💻 Trading Accounts | Micro Account, Standard Account, XM Ultra-Low Account, Shares Account |
| 📊 Trading Platforms | MetaTrader 4, MetaTrader 5, XM Mobile App |
| 💰 Minimum Deposit | $5 |
| 📉 Trading Assets | Forex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares, |
| 💲 USD-based Account? | ✔️ Yes |
| 💲 USD Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | ✔️ Yes |
| 📈 Minimum spread | From 0.0 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | ✔️ Yes |
Pros and Cons
| ✅Pros | ❌Cons |
| The XM accounts are accessible to all types of traders | Spreads can fluctuate drastically and quickly |
| Traders can use leverage up to 1:1000 | There are position size limits according to the trading account |
| XM caters to various trading strategies | ompared to alternative brokerages, XM offers a relatively limited assortment of cryptocurrencies, which may restrict the range of options available to traders interested in acquiring a diverse selection of crypto assets. |
| There is a diverse range of tradable instruments | Traders may incur inactivity penalties if their accounts remain inactive for prolonged durations. This situation may present a challenge for infrequent traders. |
| XM offers multi-currency accounts | XM functions through the implementation of variable spreads, the magnitude of which traders may perceive as being greater during periods of heightened market volatility. |
| XM applies for negative balance protection | XM, in comparison to certain industry rivals, does not consistently provide fixed deposit advantages, potentially impeding traders who are in search of supplementary incentives. |
| A cent account is provided by XM, enabling traders, particularly novices in the field, to commence their endeavours with more modest investments while efficiently mitigating their risk exposure. | A number of traders are perplexed by XM's fee structure, which varies by account category and has the potential to cause some users to become confused. |
| XM's platform provides traders with competitive margins that not only enhance cost-effectiveness but also possess the potential to optimise profits. | Depending on the regulatory climate, traders whose strategies favour higher leverage ratios may face repercussions if XM is able to enforce leverage restrictions. |
Trust Score
XM has a high trust score of 90%.
IG Group
IG Group is a leading brokerage renowned for its comprehensive offerings in various financial markets, including stocks, indices, forex, and commodities. With IG Group, traders have access to the FTSE, allowing them to capitalize on opportunities within this mid-cap index.
IG Group stands out for its user-friendly trading platforms, advanced charting tools, and extensive market research resources, empowering traders to make informed decisions.
Additionally, IG Group offers competitive spreads and reliable order execution, enhancing the trading experience for those interested in the Financial Times-Stock Exchange 250.
Furthermore, IG Group prioritizes client satisfaction, offering responsive customer support, educational materials, and a secure trading environment regulated by reputable authorities.
Traders benefit from access to a wide range of mid-cap stocks, potential for portfolio diversification, and opportunities for capital growth when trading the Financial Times-Stock Exchange 250 with IG Group.
In summary, IG Group provides traders with a comprehensive suite of features and support to effectively trade the FTSE 250 market and other financial instruments, making it a preferred choice for investors seeking exposure to mid-cap stocks.
Unique Features
| Feature | Information |
| 🏛️ Regulation | FINMA, ASIC, JFSA, MAS, FCA, FMA, CFTC, MiFID |
| 📲 Social Media Platforms | LinkedIn YouTube |
| 💻 Trading Accounts | International Account Domestic Account Corporate Account |
| 📊 Trading Platforms | MetaTrader 4 IG Trading |
| 💰 Minimum Deposit | $200 |
| 📉 Trading Assets | Forex, Indices, Cryptos, Shares, Commodities CFDs |
| 💲 USD-based Account? | ✔️ Yes |
| 💲 USD Deposits Allowed? | ✔️ Yes |
| ➕ Bonuses for traders? | No |
| 📈 Minimum spread | From 0.8 pips |
| 💻 Demo Account | ✔️ Yes |
| ☪️ Islamic Account | No |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Controlled by respectable regulators around the world, fostering confidence and a sense of security. | In comparison to other brokers, some traders could feel the fees and charges to be somewhat excessive. |
| A wide variety of investment alternatives that support different trading methods, such as indices, stocks, currencies, and commodities. | Restricted access to specific markets or assets in contrast to brokers with specialised knowledge. |
| Effective cost management is facilitated by traders' use of transparent fee policies and competitive commission arrangements. | Novice traders may find it difficult to understand complex pricing structures. |
| Efficient trade execution and decision-making are facilitated by trading platforms that are easy to use and furnished with sophisticated tools and analytical features. | There may be dangers associated with using leverage options and margin requirements for some traders. |
| Enormous customer care via many channels guarantees traders receive timely support and direction. | During high trade hours, customer service response times may be delayed, which could impact the availability of immediate support. |
Trust Score
IG has a very high trust score of 99%.
eToro
eToro is a prominent social trading platform offering access to a diverse range of financial markets, including the FTSE 250 market.
With eToro’s innovative CopyTrader feature, users can replicate the trades of successful investors, making it easier for beginners to navigate the complexities of trading the Financial Times-Stock Exchange 250.
One unique feature of eToro is its social trading aspect, which allows users to interact with other traders, share insights, and collaborate on investment strategies.
Additionally, eToro offers a user-friendly interface, advanced charting tools, and educational resources to help traders make informed decisions.
Trading the FTSE 250 with eToro provides several benefits, including access to a wide range of mid-cap stocks, potential for portfolio diversification, and the opportunity to learn from experienced investors through social trading features.
Unique Features
| 📝 Regulation | CySEC, FCA |
| 📱 Social Media Platforms | Instagram, Facebook, Twitter, YouTube, LinkedIn and Telegram |
| 🔎 Trading Accounts | Personal Account Professional Account Corporate Account Islamic Account |
| 💻 Trading Platforms | eToro proprietary platform |
| 💸 Minimum Deposit | $50 |
| 🔁 Trading Assets | Stocks Indices ETFs Currencies Commodities Cryptoassets |
| 🚀 USD-based Account? | Yes |
| 💳 USD Deposits Allowed? | Yes |
| 💰 Bonuses for traders? | No |
| 📊 Minimum spread | From 0.9 pips |
| ✔️ Demo Account | Yes |
| ✔️ Islamic Account | Yes |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| eToro's innovative social trading platform allows users to follow and copy the trades of successful investors, making it easier for beginners to learn from experienced traders and potentially improve their own strategies. | While eToro offers basic research tools, such as market analysis and news updates, it may not provide as extensive research resources as some other platforms, limiting advanced traders' abilities to conduct in-depth analysis. |
| eToro offers a wide range of trading instruments, including stocks, cryptocurrencies, commodities, and Forex pairs, providing ample opportunities for diversification within a single platform. | eToro's fee structure includes spreads and overnight fees, which can be higher compared to some other brokers. Additionally, withdrawal fees and inactivity fees may apply in certain situations. |
| eToro's intuitive platform and user-friendly interface make it accessible for traders of all levels, including beginners. The platform's advanced charting tools and research features further enhance the trading experience. | While social trading can be beneficial, it also means that traders have less control over their trades compared to traditional trading platforms. Users may rely heavily on the decisions of other traders they choose to follow, which can result in both gains and losses. |
| eToro offers CopyPortfolios, which are diversified investment portfolios managed by experts. This feature allows users to invest in a portfolio of assets with a single click, saving time and effort in portfolio management. | eToro operates under the regulations of multiple jurisdictions, which may limit access to certain features or products depending on the user's location. Additionally, regulatory changes or compliance requirements could impact the platform's operations and offerings. |
Trust Score
eToro has a trust score of 90%.
Conclusion
Our Final Thoughts on the 6 Best FTSE 250 Brokers. Overall, trading with Financial Times-Stock Exchange 250 brokers offers investors access to a diverse range of mid-cap stocks and opportunities for portfolio diversification.
Whether through established brokerage firms or innovative platforms, traders can capitalize on the potential growth within this segment of the stock market while leveraging various trading features and support services.
Frequently Asked Questions
What is the Financial Times Stock Exchange 250 index?
The FTSE 250 index represents the 250 mid-cap companies listed on the London Stock Exchange, following the FTSE 100. It provides a benchmark for the performance of the UK’s mid-cap stocks.
What types of assets are included in the FTSE 250?
The FTSE 250 index includes a wide range of sectors, such as finance, industrials, consumer goods, and technology. This broad representation offers traders exposure to various industries within the UK economy.
How can I trade the FTSE with a broker?
To trade the FTSE 250, you will need to open an account with a brokerage firm that offers access to the London Stock Exchange. Once your account is set up, you can trade FTSE 250 stocks or invest in ETFs that track the index.
What are the advantages of trading the FTSE 250?
Trading the FTSE 250 offers several advantages, including exposure to mid-cap companies with growth potential, diversification benefits for investment portfolios, and opportunities to capitalize on specific sectors within the UK economy.
Are there any risks associated with trading FTSE 250 stocks?
Like all investments, trading FTSE 250 stocks carries inherent risks and rights reserved, including market volatility, economic downturns, and company-specific factors. Traders should conduct thorough research, manage risk effectively, and consider their investment objectives before trading FTSE 250 stocks.
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