IG — Best Overall for Low-Latency News Trading

Trustpilot Score:3.9·Checked March 2026

IG takes the top spot because low latency is about more than raw milliseconds — it’s about the price you actually get filled at. IG’s execution sits around 45 ms on its web platform, but across 20 test trades, 7 filled at a better price than I requested. That price improvement, combined with 17,000+ markets and tight spread stability during news events, makes IG the strongest all-round choice for latency-sensitive trading. On L2 Dealer, I could place limit orders inside the displayed spread on share CFDs and frequently get filled, shaving 0.5–1.0 points off each entry.

IG GBP/USD forex chart with order panel for fast execution
IG forex execution interface

Pros

  • Price improvement on a meaningful share of fills
  • 17,000+ markets — largest range of any UK retail broker
  • L2 Dealer for DMA share CFD access
  • FCA regulated (FRN 195355), £0 minimum deposit

Cons

  • ~45 ms is not the fastest raw speed
  • L2 Dealer requires a separate download and learning curve

What Does IG Cost?

Spread betting on forex and indices is commission-free with spreads from 0.6 pips on EUR/USD. Share CFDs via L2 Dealer carry a £10 round-turn commission. There is no minimum deposit requirement, and you get access to ProRealTime free when you make four or more trades per month.

What’s Trading Like?

IG GBP/USD chart with client sentiment tab during news trading
IG chart with sentiment during news events

The web platform is fast and clean. L2 Dealer adds genuine depth-of-market on UK and US shares, which is rare among spread-bet providers. During volatile sessions, spreads widened less than Capital.com or CMC in my testing, keeping your effective cost low when it matters most.

Who Should Use IG?

Traders who want low latency plus the broadest market range. IG suits anyone who trades across multiple asset classes and values price improvement alongside speed. It is the best all-round low-latency broker for most UK traders.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Pepperstone — Fastest Raw Execution

Trustpilot Score:4.1·Checked March 2026

Pepperstone’s Razor account on cTrader gave me the fastest raw fills of any broker tested. During February’s NFP release, my GBP/USD orders filled in 22–28 ms with slippage under 0.2 pips. The free VPS hosting removes the variable of your home broadband from the equation entirely. If pure millisecond speed is your priority over market range, Pepperstone is the one to beat.

Pepperstone cTrader new order for UK100 index CFD showing execution
Pepperstone cTrader fast order execution

Pros

  • Sub-30 ms average execution on cTrader
  • Free VPS for qualifying accounts
  • Razor account spreads from 0.0 pips
  • FCA regulated (FRN 684312), £0 minimum deposit

Cons

  • No proprietary platform — relies on third-party software
  • Smaller market range than IG (~1,200 instruments)

What Does Pepperstone Cost?

The Standard account has zero commission with spreads from 1.0 pip on EUR/USD. The Razor account drops spreads to 0.0 pips but charges a £2.25 per-side commission on forex. For latency-sensitive strategies, Razor is the only sensible choice — you want the raw spread, not a marked-up one.

What’s Trading Like?

cTrader’s depth-of-market panel shows live liquidity at each price level. You can set limit orders inside the spread and watch them fill in real time. The platform also logs every order with microsecond timestamps, making it straightforward to audit your own execution quality.

Who Should Use Pepperstone?

Scalpers and news traders who need the absolute fastest fills from an FCA-regulated broker. If you trade fewer than a handful of times per month, the speed advantage is largely irrelevant and you’d do fine with a simpler platform.

72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Capital.com — Best for Beginners Who Want Speed

Trustpilot Score:4.6·Checked March 2026

Capital.com fills at roughly 65 ms — not the fastest, but its zero-commission spread-betting model and low £20 minimum deposit make it accessible. During NFP, I saw spreads widen more aggressively than Pepperstone or IG, adding 1–2 points on GBP/USD for about 30 seconds after the release.

Capital.com order ticket with stop loss and take profit settings
Capital.com order ticket with risk management

Pros

  • Zero commission on all trades
  • £20 minimum deposit — lowest barrier to entry
  • Clean, intuitive web and mobile app
  • FCA regulated (FRN 793714), spread betting and CFDs

Cons

  • Spreads widen more during news events
  • No MT5 — limited to MT4 and web platform
  • ~65 ms execution is mid-pack

What Does Capital.com Cost?

All costs are built into the spread. EUR/USD starts at 0.6 pips during liquid sessions, but expect 1.5–2.0 pips during high-impact releases. No overnight funding surprises — swap rates are clearly displayed before you open a position.

What’s Trading Like?

The proprietary platform is the simplest here. One-click dealing works well, and the charting is adequate for swing trading. For scalping, the lack of depth-of-market and slightly wider news spreads put it behind Pepperstone and IG.

Who Should Use Capital.com?

Newer traders who want reasonable execution speed without the complexity of cTrader or L2 Dealer. If you trade around news events specifically, you’ll want a faster broker.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

CMC Markets — Best for Charting & Speed Combined

Trustpilot Score:4.3·Checked March 2026

CMC’s Next Generation platform filled my orders in around 60 ms. The platform’s strength is its charting suite — 115+ indicators and pattern recognition — combined with decent execution. Spread stability during news events was middling: tighter than Capital.com, wider than Pepperstone.

CMC Markets order ticket showing trade execution interface
CMC Markets order execution

Pros

  • Next Generation has best-in-class charting
  • 12,000+ instruments available
  • FCA regulated (FRN 173730), £0 minimum deposit

Cons

  • ~60 ms execution is average
  • No cTrader or depth-of-market

What Does CMC Markets Cost?

Spread-only pricing on most instruments. EUR/USD from 0.7 pips, UK 100 from 1.0 point. No commission on spread bets or standard CFDs. Competitive overnight funding rates that are clearly published.

What’s Trading Like?

Next Generation is one of the best proprietary platforms in the UK. The client sentiment data and module-based layout let you build a workspace suited to your trading style. Execution is reliable if not exceptional.

Who Should Use CMC Markets?

Technical traders who value charting depth alongside acceptable execution speed. Not ideal for pure scalping, but strong for intraday strategies that rely on chart pattern recognition.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

City Index — Best for Institutional Liquidity

Trustpilot Score:4.3·Checked March 2026

City Index is part of StoneX Group, which provides deeper liquidity pools than most retail-only brokers. My test orders filled in roughly 55 ms with noticeably less slippage on larger position sizes. Where Pepperstone wins on raw speed, City Index holds up better when you scale position size above £50/point.

Pros

  • StoneX institutional-grade liquidity
  • Holds up well on larger position sizes
  • FCA regulated (FRN 446717)

Cons

  • ~55 ms is mid-table for execution speed
  • Platform design feels dated compared to CMC or IG

What Does City Index Cost?

Spread-only pricing on most products. EUR/USD from 0.5 pips, UK 100 from 1.0 point. No commission on spread bets. Overnight funding rates are competitive with the rest of the market.

What’s Trading Like?

The web platform is functional but lacks the polish of CMC or IG. MT4 integration is available if you prefer a familiar interface. The real advantage is the quality of fills, particularly on indices and forex at higher stakes.

Who Should Use City Index?

Experienced traders who run larger positions and need reliable fills without excessive slippage. If you trade small (£1–5/point), the liquidity advantage is negligible.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Forex.com — Best for API-Driven Low Latency

Trustpilot Score:4.6·Checked March 2026

Forex.com’s REST API allows you to bypass the platform entirely and submit orders programmatically. In my testing, API orders filled in approximately 50 ms. The broker publishes its own execution statistics quarterly, which is a transparency bonus most competitors don’t offer. Note that Forex.com does not offer spread betting — CFDs only in the UK.

Pros

  • REST API for automated order execution
  • Published execution quality reports
  • MT4, MT5, and TradingView all available
  • FCA regulated (FRN 446717)

Cons

  • No spread betting — CFDs only (taxable gains)
  • Smaller instrument range than IG

What Does Forex.com Cost?

Standard account: zero commission, spreads from 1.0 pip on EUR/USD. Commission account: from £5 round-turn with spreads from 0.2 pips. For latency-focused trading, the commission account offers better effective costs on frequent trades.

What’s Trading Like?

The platform itself is solid. The standout feature for this page is the REST API — if you want to build your own execution logic, Forex.com makes it straightforward. MT4, MT5, and TradingView are also available for manual trading.

Who Should Use Forex.com?

Algo traders and developers who want an FCA-regulated broker with API access and decent raw execution speed. The lack of spread betting is a dealbreaker for tax-efficiency seekers.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Interactive Brokers — Best for True DMA Routing

Trustpilot Score:3.5·Checked March 2026

IBKR’s Trader Workstation (TWS) routes orders directly to exchanges, bypassing the broker’s own book entirely. Execution speed varies by exchange and routing, but slippage is near-zero because you’re trading on the actual order book. The platform is genuinely complex, and the learning curve is steep for anyone coming from IG or Pepperstone.

Pros

  • True DMA — orders hit the exchange directly
  • Near-zero slippage on liquid instruments
  • Smart Order Router optimises execution across venues
  • FCA regulated (FRN 208159)

Cons

  • TWS has a steep learning curve
  • Complex fee structure with exchange fees, data fees, and minimum activity charges
  • No spread betting

What Does Interactive Brokers Cost?

Commission-based pricing from US$1 per trade on US equities. CFD commissions vary by instrument. You’ll also pay for live market data subscriptions. The total cost is competitive for active traders but adds up for casual use.

What’s Trading Like?

TWS feels like a Bloomberg terminal for retail traders. The depth of functionality is unmatched — algo order types, conditional orders, bracket orders, and full API access. But every feature comes with a configuration panel, and the interface was designed for professionals, not beginners.

Who Should Use Interactive Brokers?

Professional or semi-professional traders who need genuine exchange access and are willing to deal with the platform complexity. Not recommended as your first broker.

62.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

What Is Latency and Why Does It Matter for CFD Trading?

Latency is the time gap between you clicking “buy” and the broker confirming your fill. In quiet markets, the difference between 30 ms and 65 ms is irrelevant — prices barely move. During a news release, that 35 ms gap can mean 3–5 points of slippage on GBP/USD.

Three factors determine your total latency: your internet connection to the broker’s server, the broker’s internal order processing speed, and the liquidity provider’s response time. You can control the first one (a VPS near the broker’s data centre helps), but the second and third are entirely the broker’s responsibility.

Latency matters most for scalpers taking 10–50 trades per day with tight profit targets. If your target is 5 points and slippage eats 2 points on average, your strategy is 40% less profitable before you even factor in spreads. For swing traders holding positions for days, execution speed is a minor concern — focus on platform quality and spread costs instead.

Which News Events Move Markets the Most?

Not all economic releases are equal. These are the events where latency genuinely affects your P&L, ranked by typical volatility impact on GBP/USD:

  • US Non-Farm Payrolls (NFP) — First Friday of each month, 1:30pm UK time. Regularly moves GBP/USD 50–100 pips in the first 60 seconds.
  • Bank of England rate decisions — Eight times per year. 20–60 pip moves depending on whether the decision surprises.
  • US CPI / UK CPI — Monthly. Inflation surprises can move GBP/USD 30–80 pips.
  • FOMC statements — Eight times per year. Forward guidance language drives 40–100 pip moves.
  • UK GDP — Quarterly. Less volatile than inflation data but still meaningful.

If you’re trading these events specifically, use the fastest broker available. For everything else, the difference between 30 ms and 60 ms won’t measurably affect your results. See our guide to day trading platforms for broader platform comparisons.

How Should You Set Up for News Trading?

Hardware and software matter more than most traders realise. Here is the setup I use for NFP and BOE releases:

  1. Use a wired Ethernet connection. Wi-Fi adds 5–15 ms of jitter. A direct Ethernet cable to your router removes this variable entirely.
  2. Consider a VPS. Pepperstone offers free VPS hosting for qualifying accounts. Running your platform from a data centre near the broker’s servers reduces your network latency to under 5 ms.
  3. Pre-load the order ticket. Have your position size, stop-loss, and take-profit entered before the release. You should only need to click one button.
  4. Use limit orders, not market orders. A limit order guarantees your maximum entry price. A market order accepts whatever price the broker fills you at. During news, that difference can be significant.
  5. Close other applications. Browser tabs, streaming video, and background downloads all compete for bandwidth and CPU. Strip your machine down to the trading platform only.
Capital.com economic calendar showing March high-impact events
Economic calendar on Capital.com for news trading

For a deeper look at leverage management during volatile sessions, read our leverage guide. If you’re specifically interested in scalping setups, our scalping platforms page ranks brokers by the criteria that matter most for ultra-short-term trading.

News trading latency timeline showing millisecond breakdown from data release to trade execution
News trading timeline: every millisecond from data release to filled order
Low-latency broker execution speed comparison across UK CFD platforms
Execution speed comparison across UK low-latency CFD brokers

Frequently Asked Questions

What is a good execution speed for CFD trading?

Anything under 50 ms is considered fast for retail CFD trading. Pepperstone achieves under 30 ms on cTrader. For context, the human eye takes about 100 ms to process a visual change, so you won’t perceive the difference between 30 ms and 50 ms — but your P&L will during high-volatility events.

Does a VPS actually improve execution speed?

Yes, measurably. A VPS located near your broker’s data centre reduces network latency to under 5 ms, compared to 20–40 ms from a typical UK home broadband connection. Pepperstone offers free VPS hosting. IG and others do not, but you can rent one from providers like BeeksFX for roughly £25/month.

Is slippage always negative?

No. Positive slippage (price improvement) means you get filled at a better price than requested. IG delivered positive slippage on 35% of my test orders. Most brokers slip orders both ways, but the ratio varies — always check the broker’s published execution statistics where available.

Which broker is best for scalping in the UK?

Pepperstone on the Razor account via cTrader. The combination of sub-30 ms execution, raw spreads from 0.0 pips, and depth-of-market visibility makes it the strongest option for scalpers. See our scalping platforms comparison for a full breakdown.

Do all brokers widen spreads during news?

Yes, every broker widens spreads during high-impact releases. The degree varies: Pepperstone and IG held spreads tightest in my testing, while Capital.com widened more aggressively. The widening typically lasts 15–45 seconds after the data release.

Can I trade CFDs tax-free in the UK?

CFD profits are subject to Capital Gains Tax. Spread betting profits are tax-free for most UK residents. Pepperstone, IG, Capital.com, CMC Markets, and City Index all offer spread betting. Forex.com and Interactive Brokers do not — they are CFD-only in the UK. See our forex broker guide for more on tax-efficient trading.

References

  1. FCA Financial Services Register – register.fca.org.uk
  2. Pepperstone Execution Policy – pepperstone.com/en-gb/company/legal-documentation
  3. IG Best Execution Report – ig.com/uk/about-us
  4. Forex.com Execution Statistics – forex.com/en-uk/support/execution-statistics
  5. Bank of England Monetary Policy Dates – bankofengland.co.uk/monetary-policy