Trading has become increasingly popular since the start of the first lockdown in 2021.
Although for new traders it can seem like there is a lot to learn, like the traders at the start of the pandemic, with some helpful tips you’ll soon be trading in no time.
Overview
The Volatility 75 index is also referred to as VIX. It is an index that measures the volatility of the S&P500, which is the most prominent stock market index in the world, with a value that ranges between 0 and 100.
Many retail traders in the UK use complex trading strategies to trade VIX but fail either because of trading the wrong session or using the wrong broker.
To trade VIX and other financial markets successfully, UK traders, whether they are a beginner or professional traders, must ensure that they have the necessary skillset, mindset, patience, and dedication. Some of the best forex brokers that allow forex traders to trade VIX include some of the following.
Interactive Brokers
Features
Interactive Brokers is one of the most popular and reputable brokers that offers its services in the United Kingdom. With multi-regulations, a range of retail investor accounts to choose from, a competitive minimum deposit, and a choice of powerful trading platforms, Interactive brokers is one of the best options through which UK traders can trade VIX.
Pros and Cons
| PROS | CONS |
| Regulated by multiple regulatory entities | Fixed spreads not offered |
| Variety of accounts and options offered | Restricted maximum leverage for some jurisdictions |
| Innovative trading platforms supported across multiple devices | Islamic Account option not offered |
IG
Features
IG is a well-regulated ECN, DMA, and STP broker that has been in operation since 1974, offering traders from around the world competitive trading conditions and more than 16,000 financial instruments.
With IG, UK traders have a choice in innovative trading platforms, retail investor accounts, and a wide range of useful trading tools, educational materials, and research tools and resources.
Pros and Cons
| PROS | CONS |
| Regulated by multiple reputable entities | High minimum deposit requirement |
| Over 16,000 financial instruments | |
| Variety of account options offered | |
| Competitive trading conditions |
CMC Markets
Features
CMC Markets is a long-standing online broker with a rich history in offering comprehensive trading conditions to both novice traders as well as professional and institutional entities.
CMC Markets is listed on the London Stock Exchange and offers UK traders a range of trusted solutions, a wide range of tradable instruments, choices in retail investor accounts along a handy, versatile mobile app for trading.
Pros and Cons
| PROS | CONS |
| Multi-regulated | No PAMM or MAM accounts and no FIX API |
| Segregated client funds | Spreads are marked-up |
| Powerful platforms offered | Fixed spread accounts not offered |
| No minimum deposit when opening an account | Social trading platforms not provided |
AvaTrade
Features
AvaTrade is one of the leading online brokers in the world that has a multi-award-winning service, a low minimum deposit, and a range of trading solutions that cater for beginner and experienced traders alike.
AvaTrade offers the trade in a wide range of financial instruments, competitive trading costs, and a range of useful trading tools that can be used when trading VIX and other financial markets.
Pros and Cons
| PROS | CONS |
| Multi-asset and multi-regulated | No choice in retail investor accounts |
| Award-winning and reputable | No variable spreads |
| Fast trade execution guaranteed | |
| Caters for beginners and professional traders |
Pepperstone
Features
Pepperstone is one of the largest forex brokers in the world that has been operating for more than a decade. Pepperstone is well-known for its choice in retail investor accounts, tight spreads, range of financial instruments, superior customer services, and powerful trading platforms.
UK Traders are granted access to a range of trading tools, trading strategies, educational tools, and risk management tools that will help them trade VIX more efficiently.
Pros and Cons
| PROS | CONS |
| Well-regulated | No fixed spreads |
| Award-winning customer support | |
| Competitive trading conditions | |
| Competitive initial deposit | |
| Hedging and scalping trading strategy allowed | |
| Social trading offered |
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