Here you will find our best list of CFD brokers, based on extensive research, testing and analysis of hundreds of online brokers. Having the best brokers based on our results listed in one place can help traders save time by identifying the best brokers based on their individual online trading needs.

Best CFD Brokers

$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • More than 100 assets to trade
  • Fast Withdrawals
  • Award-winning high-tech platform
30%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Minimum deposit for entry
  • Free demo account
  • Many teaching tools
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Intuitive Trading Platform
  • Fast Withdrawals
  • Low Minimum Initial Deposit Requirement
$ 100.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Large selection of trading instruments
  • Multiple Regulations
  • Various International Awards
$ 100.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Regulated and safe forex broker
  • real ECN trading
  • Better trading conditions for users (0,0 pips spread and commission)
$30 Bonus
Free account
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Many Educational Materials
  • Demo Account with $100.000
  • Welcome Bonus
$ 10
No Deposit Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Regulation Broker With Good Reputation
  • Copy Trading
  • Allowed Hedging in Trading
Up to 120%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Segregated client funds
  • Negative balance protection
  • Member of the Financial Committee

CFD Brokers: AvaTrade

Quick registration

AvaTrade is included in our list of best CFD brokers. They offer award-winning online trading services on a wide variety of instruments.

91%
PUNCTUATION
ABSTRACT

AvaTrade is included in our list of best CFD brokers. They offer award-winning online trading services on a wide variety of CFD instruments including forex, commodities, indices, ETFs, stocks, bonds, cryptocurrencies and more. Customer service is offered 24 hours a day, 5 days a week, with live multilingual support and a dedicated account manager.

AvaTrade gives traders access to multiple free trading platforms, including the most popular and widely used MetaTrader 4 platform. This is a very easy-to-use platform, making online CFD trading easily accessible for traders of all experience levels.

In addition to various online trading platforms, they also offer a good selection of trading tools and educational materials to help you trade online.

AvaTrade has licenses from 6 regulatory authorities on 5 continents. Among these, they are authorized and regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). This strict regulation in many jurisdictions can give clients peace of mind that they are using a safe and secure CFD broker.

AvaTrade is one of the largest CFD brokers in the world, providing online CFD trading to over 200.000 clients worldwide. There is a demo account option if you want to practice before opening a real account.

POSITIVE
  • Wide variety of CFD instruments for online trading
  • award-winning brokerage
  • Multiple trading platforms
  • educational materials
  • Free Trading Tools for Chart Analysis
  • Regulation by 6 authorities
  • Free Demo Account
NEGATIVE
  • $ 100 minimum deposit

CFD Brokers: IC Markets

Quick registration

We have included IC Markets in our best CFD broker lists for many reasons, mainly due to the fact that they have been offering competitive trading conditions for a long time.

91%
PUNCTUATION
ABSTRACT

We have included IC Markets in our best CFD broker lists for many reasons, mainly due to the fact that they have been offering competitive trading conditions for a long time.

As a regulated broker, they offer clients online CFD trading through user-friendly trading platforms in an ECN trading environment with no dealing desk intervention.

This means the broker can offer tight spreads and fast trade execution speeds so that positions are executed at the best available prices from a deep liquidity pool that includes over 50 liquidity providers. IC Markets offers MetaTrader and cTrader platforms, which are 2 of the best trading platforms available today.

In addition to innovative trading technologies, the brokers' CFD trading service includes trading tools, educational materials, multiple account types, flexible account financing options and 24/5 multilingual support via phone, chat and email.

POSITIVE
  • More than 230 CFD trading instruments
  • ECN broker
  • Easy to use CFD trading platforms
  • Regulated CFD Broker
  • Educational Resources and Trading Tools
  • Free Demo Quota
NEGATIVE
  • No fixed spread accounts
  • $ 200 minimum deposit

CFD Brokers: XM Group

Quick registration

The XM Group claims to have more than 2,5 million customers in 196 countries around the world. This makes them one of the biggest CFD brokers in the world.

90%
PUNCTUATION
ABSTRACT

The XM Group claims to have more than 2,5 million customers in 196 countries around the world. This makes them one of the biggest CFD brokers in the world. They are strictly regulated by 3 major regulatory authorities.

The XM Group is authorized and regulated by the Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC).

XM Group is known as a transparent and client-focused online CFD broker, trading conditions being of paramount importance to them. They provide clients with plenty of additional trading tools for efficient analysis of different CFD charts.

They also have many convenient methods for depositing and withdrawing accounts, including online payment processors like Skrill and PayPal.

There are many other reasons why we consider XM Group to be one of our best CFD brokers.

POSITIVE
  • Low spreads, low rates
  • More than 1.000 CFD instruments
  • Strict regulation
  • Sophisticated Trading Tools
  • Multiple Account Financing Options
  • $ 5 minimum deposit
  • Free Demo Account
NEGATIVE
  • No fixed spread accounts

CFD Brokers: Exness

Quick registration

Instant Deposits and Withdrawals Deposits and withdrawals of customer funds are processed immediately by Exness.

90%
PUNCTUATION
ABSTRACT

Founded in 2008, Exness is a broker that has since gained traction in the market and now has around 60.000 active client accounts worldwide and is considered one of the largest CFD brokers.

Traders gravitate towards Exness because of its regulatory oversight and licensing from the UK Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC), but also because Exness offers various types of flexible accounts and instruments. funds to meet various strategies.

Furthermore, the Exness platform will be especially appreciated by traders who do not want to deposit a lot of capital or who do not plan to trade a lot. The Exness Mini account is perfect for these users, with a minimum deposit of $1, no deposit, withdrawal fees and a minimum lot size of 0,0001.

POSITIVE
  • Narrow spreads and low minimum balances reduce financial commitment
  • Variety of account types including Classic, Mini, ECN and Islamic
  • Highly regulated and compliant with regulators including FCA, CySEC, others
  • Solid set of financial instruments including 120+ forex pairs
  • Excellent customer service accessible via email, phone, live chat and more
  • Free Demo Account
  • $ 1 minimum deposit
NEGATIVE
  • Fewer number and variety of financial instruments than other brokers

How Forex Digital Chose the Best CFD Brokers?

Some of the most important factors that contribute to a good CFD broker were considered, including regulatory authority, trading instruments offered, online trading platforms, trading tools, fees, spreads, execution speeds, account types, funding options , leverage, minimum deposit, educational materials, customer service and more.

 These brokers are well established in the online brokerage industry, providing the best trading services to traders across the world. We will now look at what CFDs are and the most important factors to consider when looking for an online CFD broker.

What is a CFD?

CFD means Contract for Difference (Contract for Difference), which is a financial instrument that allows you to trade and try to benefit from the movement of commodity prices (eg gold, silver and oil), indices, stocks (eg Facebook, Barclays, Vodafone, Tesla), currencies , criptomoedas (eg Bitcoin, Ripple, Ethereum), ETFs, Options, Bonds and more.

The introduction of CFDs has enabled online traders to access a wide range of markets that were not previously available to them.

When negotiating CFDs, you do not buy or own the underlying asset, you are speculating on the price movement, up or down. A CFD is a contract between two parties to pay the difference between the current price value and the future price.

CFD is similar to forex trading in many ways and is traded through an online broker trading platform. You simply select the trading instrument you want to trade and place your orders.

If you believe that the price of an instrument will increase, you should enter a long position. If you anticipate that the value of the instrument will reduce the price, you must enter a short position.

The profit or loss is realized depending on the difference between the entry and exit prices when you close the trade. CFDs can be bought or sold at any time you see fit as they do not have an expiration date.

CFDs have become very popular in recent years, especially for day traders. The high leverage and low costs associated with trading CFDs online make them an attractive proposition for retail and institutional traders.

What Makes CFD Broker Good?

https://forexdigital.net/melhores-corretores-de-cfd

 

CFD Broker Regulation

It is vitally important to ensure that you are using a trusted and established online CFD broker. Many online brokers have come and gone over the years, so it's a good idea to use a regulated broker that has been around for a long time.

The most respected regulatory authorities to look for include the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA). A regulated broker must conduct business according to strict rules and investors are better protected.

If a broker is listed on an exchange, he must comply with stricter regulations with frequent audits. Furthermore, if the broker is part of a banking group, it must meet specific capital requirements with maximum transparency.

CFD Brokers Trading Instruments

Each online CFD broker will provide a wide range of different instruments, so make sure the broker you are considering offers the instruments you want to trade.

If you want to invest in Facebook CFDs or Tesla CFDs, make sure they are offered. It's also worth considering whether you will branch out to other markets in the future.

If a broker offers multiple markets, this would make transitioning in the future more convenient. As there are so many markets to trade, CFD trading hours work 24 hours a day. Therefore, you should ensure that your brokers' trading hours cover as many, if not all, of these hours as possible.

CFD Broker Trading Fees

When trading CFDs online, there are three main fees you need to take into account. These are the spread, commission and nightly maintenance fee (swap).

Not all brokers will charge all fees, but it is important to factor these fees into your trading costs. Fees can vary significantly by broker, so it's a good idea to consider them when choosing a suitable broker.

CFD Broker Spreads

The spread is the difference between the buy and sell (buy / sell) price, which may vary depending on current liquidity and the broker's mark-up, if applicable.

Generally, the more liquidity, the more competitive the spreads will be. Be aware that some brokers use trading desks and will add a mark-up to the spread to cover operating costs.

CFD broker commissions

A commission is a fee you pay the broker for each trade you place. This is the main way for brokers to make money. The commission is usually charged as a percentage of the trade or a fixed amount, sometimes a combination of both. The lower the commission rate, the lower the overall trading costs.

CFD Broker Exchanges

If you hold a position overnight, you will need to pay a swap fee. It is an interest rate for the procedure of moving open positions from one day to another, also known as rollover.

Many CFD traders are day trading so they don't hold positions overnight, but if you plan to do so, this is another cost to consider. Some brokers offer free Islamic trading accounts exchange, which allow Muslims to engage in online trading in accordance with the Sharia law.

Other CFD Broker Fees

Some brokers will charge additional fees that are worth considering, such as withdrawal and inactivity fees.

CFD Brokers Trading Platforms

Each online CFD broker will offer a variety of free online trading platforms. You must ensure that they offer a trading platform that you are familiar with.

If you have no previous experience using a trading platform, MetaTrader 4 is one of the most popular platforms due to its ease of use and advanced features.

Some brokers offer their own proprietary platforms such as eToro, Plus500 and AvaTrade. If you plan to trade on the go, check if they offer the web and mobile version of your desired trading platform.

Trading platforms can vary in features, some offer advanced charting tools for detailed market analysis, while others may incorporate news feeds and other features to aid your trading.

Depending on your individual trading requirements, make sure the platform offers all the tools you need to trade efficiently.

It might be a good idea to open demo accounts across multiple platforms to compare them and see which you think is best suited for your own needs.

CFD Broker Leverage

CFD brokers allow you to trade with leverage, which means you can open a position larger than your account size would allow without it.

With an account balance of just $100, you could open a $1.000 position using 1:10 leverage. While leverage can increase profits, it also increases risk and can lead to big losses.

It is of utmost importance that you have a complete understanding of leverage and the risks involved before starting to trade CFDs. Check to see if the broker offers the leverage you need for your trading strategies.

CFD Trading Example

If you wanted to trade a stock with a starting price of $20 and buy 100 shares, it would traditionally have cost $2.000 ($20 x 100). With a CFD broker that requires 5% margin, you could open this position with just $100 ($2.000 / 100 * 5). Leverage will vary between brokers and you will need to factor in spread, commission, swap and any other fees on each trade.

The most reputable CFD brokers offer negative balance protection, which ensures that you will not owe the broker more than your starting account balance. They will close their trades as soon as their margin is used to avoid further losses.

CFD broker education

Many CFD brokers will provide their own educational materials such as CFD trading guides, webinars and seminars. This can help beginning traders to learn more while honing their trading skills. Even the most advanced traders can benefit from more education.

CFD Brokers Trading Tools

Some CFD brokers offer clients trading tools that can help with trading. These tools range from analysis to technical charts and economic calendars. If you want additional tools, see what a broker has to offer and whether they come at an extra cost or are free to existing customers.

CFD Broker Account Opening

Each CFD broker will have their own minimum deposit policy, so make sure you can meet this requirement.

CFD Broker Account Financing

The methods of funding and withdrawing your online trading account may vary from one CFD broker to another. Check what methods they offer and make sure they are suitable and convenient for you.

Some brokers offer online payment processors, such as PayPal and Skrill, which process ​​faster than other methods, which can take up to 5 days.

CFD broker customer service

As the CFD market contains so many different instruments and works 24 hours a day, you will need to ensure that the broker has the right client support to answer your questions as and when needed.

Consider the broker's location and the days/times they support. Ideally, the broker should provide support in multiple languages, at least 24 hours a day, 5 days a week.

Check to see if they have a support contact method that is most convenient for you. Chatting online can be quick and easy, but some traders may prefer to talk to someone over the phone.

ESMA regulations

New regulations and measures are constantly being implemented to protect CFD traders. European regulators want to restrict the way CFD brokers conduct their business and how products are offered to clients.

Studies by the European Securities and Markets Authority (ESMA) show that around 80 to 95% of investors lose their investment, which is not always their fault.

Specifically, when a broker uses a trading desk, there may be a conflict of interest. Instead of executing a trade directly for liquidity providers, it goes through a trading desk, which can lead to slippage and profit margins.

This makes it even more difficult for retail traders, which is another reason why choosing a reliable broker is so important.

Among the new rules introduced in 2018 by ESMA for European traders are:

Leverage limits

The maximum amount of leverage offered to European CFD traders has been limited. Some brokers will increase this limit if you meet certain requirements and qualify as a professional trader. To qualify, you would typically need to have performed a large amount of transactions, have a significant portfolio and experience in the financial industry.

  • 30: 1 for major currency pairs
  • 20: 1 for non-major currency pairs, gold and major stock indices
  • 10: 1 for commodities other than gold and non-core stock indices;
  • 5:1 for individual stocks and any underlying not otherwise mentioned
  • 2: 1 for cryptocurrencies

margin limit

A margin closing rule per account. This will standardize the margin percentage (at 50% of the minimum margin required) at which providers are required to close one or more open CFDs from the retail customer.

Negative balance protection

Negative balance protection per account. This will provide an overall guaranteed limit on retail customer losses.

Marketing restriction and incentives

Brokers must clearly indicate the percentage of clients who are losing money and not offer incentives to attract new clients to trade CFDs.

How to start trading CFDs online

How to Start Trading CFDs Online?

Now that you have a brief overview of what CFDs are, you may be thinking about opening an online trading account, which is a quick and easy process.

Just choose an online CFD broker, follow the account opening process and you can start trading CFDs online through one of their trading platforms.

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