Forex Brokers

UK Clearing House

UK Clearing House Limited, also known as UKCH, was established in London in October 2012

UK Clearing House Limited, also known as UKCH, was established in London in October 2012, authorised and regulated by the UK Financial Conduct Authority (FCA registration number: 595713), is a liquidity provider with B to B provide services to the global financial market.

Financial Instruments

UKCH offers a wide range of online CFD related products, including foreign exchange (FX), precious metals, commodity CFDs and index CFDs.

Account Type

UK Clearing House appears to only offer a standard account with an unknown minimum deposit.

Leverage

As for maximum leverage, retail clients can get up to 1:30 leverage on Forex pairs and 1:20 on most other CFDs. The leverage limit was introduced by the European Securities and Markets Authority (ESMA) in August 2018 to reduce investment risk.

Spread&Commission

With UK Clearing House not telling any specific spreads and commission details nor offering free demo accounts, the absence of important trading conditions could be a worrying sign.

Trading Platform

UK Clearing House provides traders with a MetaTrader 4 trading platform. The MT4 trading platform is by far the most popular trading platform in the industry, with far more than 50 integrated market indicators and cuttable trading robots designed to help traders run automated trading sessions.

Withdrawals

Most EU-regulated brokers accept credit or debit cards (such as VISA and MasterCard), bank wire transfers, and major e-wallets (such as Neteller and Skrill). However, rather oddly, there is no mention of deposits and withdrawals on UKCH's website, which is a worrying sign.

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