Martin Scorsese’s film The Wolf of Wall Street has topped the UK box office in its first week of release.

The Oscar-nominated film, which stars Leonardo DiCaprio as fraudulent banker Jordan Belfort, made £4.6 million over the weekend.

The movie pushed Steve McQueen’s 12 Years A Slave off the top spot. The slavery epic, which stars Chiwetel Ejiofor and Michael Fassbender, took £3 million in its second week.

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Hotly-tipped Oscar contender American Hustle came in third place, earning £1.5 million in its fifth week of release.

The film, which also centres on a group of fraudsters, has received 10 Oscar nominations, putting it on a par with fellow front-runner Gravity.

Amy Adams, Jennifer Lawrence, Christian Bale and Bradley Cooper have all earned nods for their performances in the film.

Shape Created with Sketch. The Wolf of Wall Street: Most outrageous quotes Show all 7 left Created with Sketch. right Created with Sketch. Shape Created with Sketch. The Wolf of Wall Street: Most outrageous quotes 1/7 "My Ferrari was white—like Don Johnson's in Miami Vice—not red" Paramount Pictures 2/7 "I’ve been a poor man, and I’ve been a rich man. And I choose rich every f*****g time." Paramount Pictures 3/7 "I take Quaaludes 10-15 times a day for my back pain. Adderall to stay focused. Xanax to take the edge off, pot to mellow me out, cocaine to wake me back up again, and morphine...Well, because it's awesome" Mary Cybulski/AP 4/7 "My name is Jordan Belfort, the year I turned 26, I made $49 million, which really pissed me off because it was three shy of a million a week" (Leonardo Dicaprio pictured as Belfort in The Wolf of Wall Street) Paramount Pictures 5/7 "“I had lots of nicknames: Gordon Gekko, Don Corleone, Kaiser Soze; they even called me the King. But my favourite was the Wolf of Wall Street" Paramount Pictures 6/7 "Money doesn't just buy you a better life, better food, better cars, better p***y – it also makes you a better person"(Pictured: Jordan Belfort, the real Wolf of Wall Street) GETTY IMAGES 7/7 "Act as if! Act as if you're a wealthy man, rich already, and then you'll surely become rich" (Pictured: Jordan Belfort, the real Wolf of Wall Street) Michael Loccisano 1/7 "My Ferrari was white—like Don Johnson's in Miami Vice—not red" Paramount Pictures 2/7 "I’ve been a poor man, and I’ve been a rich man. And I choose rich every f*****g time." Paramount Pictures 3/7 "I take Quaaludes 10-15 times a day for my back pain. Adderall to stay focused. Xanax to take the edge off, pot to mellow me out, cocaine to wake me back up again, and morphine...Well, because it's awesome" Mary Cybulski/AP 4/7 "My name is Jordan Belfort, the year I turned 26, I made $49 million, which really pissed me off because it was three shy of a million a week" (Leonardo Dicaprio pictured as Belfort in The Wolf of Wall Street) Paramount Pictures 5/7 "“I had lots of nicknames: Gordon Gekko, Don Corleone, Kaiser Soze; they even called me the King. But my favourite was the Wolf of Wall Street" Paramount Pictures 6/7 "Money doesn't just buy you a better life, better food, better cars, better p***y – it also makes you a better person"(Pictured: Jordan Belfort, the real Wolf of Wall Street) GETTY IMAGES 7/7 "Act as if! Act as if you're a wealthy man, rich already, and then you'll surely become rich" (Pictured: Jordan Belfort, the real Wolf of Wall Street) Michael Loccisano

The Wolf of Wall Street received five Oscar nominations last week, including Best Picture, Best Director and Best Adapted Screenplay.

The film, which is based on the memoirs of self-made millionaire Jordan Belfort, has also earned nods for Leonardo DiCaprio and supporting actor Jonah Hill.

DiCaprio won Best Actor for his performance in the film at the Golden Globes ceremony two weeks ago.

He has yet to win an Oscar despite being nominated three times for Blood Diamond (2006), The Aviator (2004) and What’s Eating Gilbert Grape (1994).