Top CFD Brokers - Contract for Difference (CFD) Brokers for 2023
We found 11 online brokers that are appropriate for Trading CFD.
CFD Brokers Guide
Analysis by Andrew Blumer, Updated October 02, 2023
CFD Brokers
CFD brokers are financial companies that allow individuals to trade Contracts for Difference (CFDs) on a range of financial instruments such as stocks, indices, currencies, crypto, ETFs and commodities. CFD trading enables traders to speculate on these instruments' price movements without owning the underlying asset. When a trader opens a CFD position, the broker pays the difference between the opening and closing price of the underlying asset. If the price moves in the trader's favour, they make a profit, but if the price moves against them, they lose. CFD brokers provide traders access to global markets and allow them to trade with leverage, which means they can control a larger position than their initial investment would allow.
CFD brokers make money by charging traders a spread, which is the difference between the bid and asking price of the underlying asset. They may also charge commissions and overnight financing fees for positions held overnight.
It is important to note that CFD trading carries a high level of risk and may not be suitable for all investors. Before engaging in CFD trading, traders should consider their trading objectives, experience level, and risk appetite.
CFD Definition
A CFD, otherwise known as a contract for difference, is a type of trading strategy that involves leverage to trade on investments like stocks, currency, stock groups known as indexes, commodities, and more. In other words, the trader trades a contract following that asset's value instead of trading an asset directly.
CFD trading lets traders buy more than they deposit with their broker. For instance, if an investor deposits £1000 on a CFD trade and the CFD trading platform lets them trade with leverage on 20:1. The trader's exposure to the market and the amount they can spend on financial assets will be £20,000.
The trader owns no financial assets when trading a CFD. In this case, they are dealing directly with the broker. These high-risk trades speculate on financial asset's up and down price movements. If the trade goes in the investor's favour, they keep the profits. If the trade fails, the trader may owe the broker more than their deposited amount. Professional traders can use CFD trades (since it might be a bit complicated for beginners) to hedge their losses of other items in their financial portfolios. This type of trade, however, is still high risk.
A CFD is a deal between two parties where both agree to the paying opening and closing price difference of an asset or a market. No party owns the real asset.
As you do not own the asset or product while trading when trading a CFD, in simple terms, it is just speculation on the movement of the asset's price, either up or down. A CFD contract where you expect the price to decrease is called a short CFD or short selling. A CFD contract where you expect the price to go up is called a long CFD or going long.
What Is Leverage? How Does It Work?
Leverage is an important feature of CFD trading and spread betting, which can be an effective tool for a trader. Traders can use leverage to benefit from small price movements that are comparatively small, gear their portfolio towards more exposure or make their capital progress further.
Leverage uses a deposit (margin) to offer the trader enhanced exposure to an underlying asset. The trader places a fraction of the full value of their trade while their provider loans them the rest. A trader's total exposure compared to their margin is called a 'leverage ratio'. For instance, a trader wishes to buy 1000 shares of a certain company with a price of 100. With an asset-based trade, the trader would need to pay 1000 times 100p to gain an exposure of £1000 (disregarding commissions and such). If the company in question's share price happens to go up by 30p, the trader's shares will be worth 130p each. If the trader concludes their position, they profit £300 from their initial £1000.
Underleveraged
If the financial markets go the opposite way and the company shares fall by 30p, the trader will lose £300, or instead, a fifth of what they already paid for the shares.
In other cases, the trader could open their trade with a leveraged provider, who may have a margin requirement of 10% on the same shares.
In his case, the trader would only be required to pay 10% (or £100) from their £1000 exposure to open the position. If the company's share rises to 130p, the trader could still make the same profit of £300 at a significantly reduced cost.
If the shares fell by 30p, the trader would lose £300, i.e., twice their initially made deposit.
What Are The Different Kinds Of Leveraged Products?
Most leveraged trading makes use of derivative products. The CFD trader trades an instrument that gets its value from the price of the original asset instead of owning the actual asset. The core leveraged products are:
CFDs or Contracts Of Difference
As already discussed, The correct term is Contracts for Difference (CFDs). The abbreviation CFD is widely used in the financial industry to refer to this type of trading instrument. 'Contracts of Difference' is a less common term that may be used interchangeably with CFDs, but CFDs is the more commonly used term.
Spread Betting
Spread betting is a bet on the proposed direction of a market. Spread betting earns the trader more profit if the market happens to move in its chosen direction, and if the market moves the other way around, the trader will suffer a loss.
Which Markets Can Leverage Be Used On?
Some markets where traders can use leverage are:
CFD Indices
A mathematical depiction of the performance of a group of assets from a certain area, region, exchange, or sector. Since indices are not considered physical assets, you can only trade them through products that reflect their price movements. These include EFTs (Exchange-Traded Funds), CFD trade, and spread betting.
CFD Shares
A unit of ownership for a certain company normally bought and sold on the stock market. Traders can use leveraged products for opening positions of several thousand shares. These include blue-chip stocks like Facebook and penny stocks.
Forex CFDs
Forex, or foreign exchange, is the buying and selling currencies to make profits. Forex is the most popular financial market on a global level. The comparatively small movements in Forex trading mean many opt for using leverage.
Commodity CFDs
The commodity markets are some of the world's oldest financial markets. Commodities markets include crude oil, natural gas, gold, silver, coffee, natural gas, wheat, cotton, corn, and sugar trading.
Modern traders have the option of trading commodities through leveraged trades using commodity CFDs.
Trading commodities using a contract for difference with your CFD broker allows you to trade with a lower funded capital amount than your exposure to the commodity you are trading. A commodity CFD for example, allows a trader to trade on both the price of crude oil increasing and falling.
Crypto CFDs
Trading in cryptocurrency CFDs is prohibited in the United Kingdom. The UK financial regulator, the FCA, has banned the sale of crypto derivatives to retail traders.
With cryptocurrency CFDs, the trader does not own the digital currency. A cryptocurrency CFD trader speculates on crypto-asset price movements increasing or falling in value to make a profit.
Cryptocurrency prices are considered to be volatile. A crypto CFD trade's leverage feature may offer the potential for increased profits but equally offers the potential for increased losses. Financial Conduct Authority, regulated trading platforms, cannot offer crypto CFD trades to UK residents. Other countries may allow you to trade crypto CFDs, but you must understand the risks and what you are doing. Crypto CFDs are high-risk.
What Do CFD Trading Platforms Look Like?
CFD trading platforms are software applications that allow traders to access global financial markets and execute trades on various financial instruments, such as stocks, indices, currencies, and commodities. CFD brokers typically provide these platforms and can be accessed from a desktop computer or a mobile device. The appearance of CFD trading platforms can vary depending on the broker, but most share similar features and functionalities.
CFD trading platforms aim to provide traders with a user-friendly and intuitive interface that makes it easy to navigate through various features and execute trades quickly and efficiently.
Here are some common elements you may find in a CFD trading platform:
- Trading Dashboard: This is the main interface where traders can view their account information and market prices and execute trades.
- Charts and Analysis Tools: CFD trading platforms typically offer a variety of charting tools and technical indicators to help traders analyze market trends and make informed trading decisions.
- Market Watch: This section displays a list of financial instruments available for trading, along with their prices, bid-ask spread, and other relevant information.
- CFD Order Management: Traders can place various types of orders, such as market orders, limit orders, and stop-loss orders, to manage their positions and risk.
- Education and Support: Many CFD trading platforms offer educational resources and customer support to help traders improve their trading skills and address any issues they may encounter.
What Kinds Of Investors Deal In CFDs?
Numerical traders using temporary reselling strategies can exploit CFDs. CFDs can also be useful for long-term traders during phases of market volatility.
When a stock market declines - also called a bear market - CFDs can also aid in protecting portfolios to counteract any losses. It is also possible for long-term investors to run short on a stock market index CFD having a high direct association with their stock portfolios. With that, any losses sustained in the long-term portfolio will be counterbalanced by the gains from their CFDs.
What Makes CFD Trading Better Than Conventional Share Trading
There are many reasons to opt for CFDs instead of conventional share trading. One prime reason is that CFDs are traded on margins, calling for less capital investment than buying conventional shares. CFD trading is more related to short-term, high-risk speculative trading on price movements.
Investing in a share in a larger company would prove more expensive than trading in that same company using CFD trading. Hence, if an investor believes a certain asset sees chances of rising but does not have the capital available for buying traditional shares, they can use CFD training to speculate on its movements.
Trading CFDs also means traders can spread their investment capital across a much broader spectrum of shares. They can trade on several markets, including indices, shares, commodities, ETFs, and currencies, regardless of the markets going up or down.
Unlike traditional physical shares,CFDs do not have settlement times, allowing investors to achieve their profits as soon as possible.
Are Investors Required To Have A Higher Knowledge Of CFD Trading? Is CFD Time-Consuming?
The fundamental principles of investing do remain the same with CFD trading, however, in the sense that the investor's objective is to earn revenue from the price movements of a certain financial tool.
CFDs are not more time-consuming compared to traditional share trading. It can take up less time since most traders depend on charts, in contrast, to read through financial reports to make trading decisions.
Despite that, traders need to understand the risks before moving forward. CFDs trade using high-risk leverage, and any losses encountered are bound to be magnified. The CFD trader could lose a lot more than their initially deposited capital. The risk is the most significant aspect for a trader to comprehend before going into trade CFDs. Traders must take risk management precautions like position sizing as well as placing stop-loss levels can also be utilised.
What Is The Reason Behind CFD's Current Surging?
CFD is surging because of the volatility induced in markets due to the pandemic. CFDs are known to be high risk and even more so when markets are volatile. That is due to a key feature found in CFDs allowing investors to trade on markets with values going up and down. If a trader believes that a share is undervalued, they can use CFD trading to take advantage of the decrease in its share value.
It is also crucial to note that all kinds of trading come with risks and potential rewards. Hence, exploring and gaining knowledge before venturing into CFD trading is best.
The Advantages Of CFD Trading
From having access to a large range of markets to flexible short-term trades, it is easy to understand why CFD trading fares the way it does. Following are the reasons why it is a good idea to trade CFDs:
The Ability To Benefit From Falling Stock Markets
As mentioned earlier, the core difference between conventional and CFDs is that the trader never owns the underlying market. CFDs have several benefits, including the ability to go short and long.
To initiate a short CFD position, the trader sells their chosen number of contracts besides buying them. After that, they invest in the same number of CFDs when they wish to close their trade. CFD short trading allows traders to earn profits when market values fall, adding another layer to an investor's trading.
The Freedom To Keep One's Capital
Yet another benefit to not owning the assets an investor is trading is leverage. Leverage allows traders to open positions without the need to pay for their value; they instead pay a deposit called the trader's margin.
This is effective because the trader is only speculating on the price movements of stock markets instead of buying them.
Similarity To Conventional Trading
CFDs are not the only way traders can trade financial markets without buying assets. Plenty of other derivatives include spread betting, options, and futures.
Anyone more acquainted with traditional trading and investing will notice that CFDs are more familiar than those other derivatives. With CFD trading, a trader only buys and sells contracts to reflect the assets they represent.
To set their position size, traders determine how many contracts they purchase or sell.
The Option To Trade Indices, Shares, And Forex
CFD Brokers often provide access to many asset classes. This way, investors are not limited in terms of what they can trade.
Hedging With CFDs
CFDs can be used by traders to achieve short positions. Aside from being able to profit from falling markets, this can be a great way for traders to offset the risk brought about by negative actions in their investment portfolio.
With the help of CFDs, traders can open short positions on the company shares that concern them. This way, any negative actions in their portfolio only earn them profits from their CFD position, offsetting the loss. However, if the company stocks start climbing again, the trader could lose their CFD position.
Lesser Taxes To Pay
Another crucial benefit of never owning the asset the investor is trading is that they are not forced to pay UK stamp duty as they buy and sell markets, ultimately saving on their end-of-the-year tax bill.
However, Tax laws are prone to change and rely on individual circumstances. In this case, the investor must seek independent advice.
CFD Advantages Summary
CFDs allow you to access a wide market range of stocks, currency pairs and commodities.
Registering an account with a CFD broker is straightforward and can be done in minutes.
With the leverage the CFDs allow, you can leverage the investment and magnify your position's potential gains.
CFD brokers use very fast communication networks, so CFD orders are executed immediately, so you don't face any slippage.
The commissions and fees paid to CFD brokers are usually lower than traditional brokers.
The commissions and fees vary from broker to broker please double-check and compare all fees yourself before you trade.
CFD Disadvantages
CFD trading is high risk. You may lose the entire balance and more due to the margin leverage not going in your favour. Leverage goes both ways.
Holding positions for a longer period means an additional fee is to be paid to some CFD brokers.
Please check your region, but the profit made on trade is taxable in many countries.
CFD Trading For Beginners
Beginners who want to start trading with CFD brokers must have a solid understanding of CFDs. Many reputable brokers offer educational resources to help you understand CFD trading.
Following some below steps is a good start when trading CFDs:
CFD Market Selection
Choosing the right market is important, like commodities, currencies and bonds. It is strongly recommended to go for a market that you understand and has some experience with.
With CFD trades, It is possible to trade multiple assets with added leverage without having ownership of the underlying asset. CFDs make it possible to trade the price movement of financial assets without creating a share dealing account to buy a share or have any control of stock. CFDs are used on many financial asset types, not just stocks.
CFDs also make it possible for traders who do not want to trade with large capital to utilise leverage to have greater exposure to the market than their deposited amount. Through CFDs, you can trade on margin.
Normally, with a CFD, you can use a 10% margin for live trades. For instance, if your balance is only £100, you will have the right to execute a £1000 trade without any problems. Your CFD deal or contract is with the broker. You will want to join the right platform to get value for money.
As you browse online, you will discover a lot of CFD brokers offering the same services. Choosing one can be a difficult task.
Commodity Research Tools When Buying and Selling CFDs
The best CFD brokers have financial analysis tools that allow you to research commodity prices. Only buy or sell a CFD after extensive research and your due diligence. When you see the price in real-time on a CFD platform in your brokerage account, the first price is the selling price, and the second is the buy price.
CFD Trade Size
CFD brokers usually require a minimum margin; for example if the margin is 5%, you need to have a fund of just £100 for a £2000 position.
Stops And Limits
When trading with a CFD broker, limit your losses and help secure your profits. You can implement features called 'stop losses' or 'limit orders.' Stop losses and limit orders allow you to manage your exposure risk while trading with a CFD. If you set a stop loss to 5% below the price that you brought a CFD at, the stop loss will limit your loss to 5%.
Focus On Trustworthy, Reliable, And Safe CFD Brokers
You assess the CFD broker in many ways but will want to prioritise your safety over everything. Like many other traders, safety is paramount in choosing the CFD broker. The CFD trading platform should have good security, protecting all the traders joining the site.
You will have better chances when you choose the CFD platform with licenses and certification to operate. The regulated CFD platforms are much better than providers without any regulated proof.
The Financial Conduct Authority will list only trustworthy and reliable regulated platforms. Under the Financial Conduct Authority, the CFD brokers must ensure up to 85,000 euros ensure their clients' invested funds. The regulator will monitor the practices of CFD platforms 24/7. So, you will not need to worry when using a regulated CFD platform.
What Can You Trade On Trading Platforms?
Different platforms have different offers. It is safe to assume that all CFD platforms have various financial instruments to trade. If you find one platform with such stellar reviews, it does not mean it can cater to all your needs. You must check if they provide assets you want to trade and profit on. It will be beneficial to think about this aspect first before depositing your money.
Exploring their profile area can help you understand their offers. But if you do not find this information, do not hesitate to contact their customer support to ask about the available financial instruments they provide on their platform.
If the platform has been around in the trading verse for a while, it should be easy to find the available instruments they offer over the navigation menu.
CFD Trading Budget
How much are you willing to spend on CFD trading? Remember that you must start using the money you can afford to lose. Although CFD trading comes with good opportunities, the market is still volatile. You may lose your money as you cannot always win.
You also need to consider the trade's costs. There are some fees from CFD trading, such as commission, swap rate, and spread.
The commonly prioritised fee is in the form of a commission rate. It is also the main way the CFD broker makes money. Meanwhile, the spread is also a common fee that you need to consider. In a nutshell, the spread is the difference between the bid and the asking price. In trading, it is less common, but it is worth checking before joining a particular site.
Swap rate is the fee you need to pay every night when your position is on HOLD.
Trading Platform Interface And Features
The trading platform you choose should be navigatable and intuitive. As you will use the platform daily and for a long time in the future, you will need to pay attention to the user experiences. Even if you are a newbie, the platform should have an easy interface to help you make the trade without any problems.
You will want to find a CFD broker that offers a platform with an accurate news feed, helpful and accessible tools, and a user-friendly interface. Perhaps you will not know until you try them by yourself. The best way to do this is to open a demo account to assess the platform directly.
How CFD Brokers Earn Revenue
While you compare CFD brokers, it is important to consider the costs associated. Before that, however, you must understand how they earn their revenue:
CFD Commissions And Spreads
A majority of platforms earn their revenue via spreads. Spreads are the difference between actual market prices and the quoted buy and sell prices. It is fundamentally an advance payment for the stockbroker's services. Fees also come as commissions, taking a certain percentage of every conducted trade. Of late, to compete in the market, a majority of the best-known CFD brokers now waive commission charges.
Hedging And Financing
CFD brokers often earn their money via financing. When their customers conduct trades via leverage or margin, they borrow funds from that broker to enhance their position size. A lot of firms often add a fee for such financial services.
CFD brokers may also earn revenue via hedging. They intend to offset probable losses by linking an antonymous trade in a particular market. In such a case, if the trader makes a profit, they have managed to offset their indebtedness.
Some brokerages also charge their customers withdrawal or deposit fees.
CFD Regulation
In the United Kingdom, CFD brokers get licenses from the FCA (Financial Conduct Authority) in London. The protection the FCA provides capitalises on margin and leverage trading.
As mentioned, it is in every trader's best interest to use CFD brokers regulated by reputed regulatory bodies. Regulators keep their users safe from fraud and maintain trust in the market. The list of regulated platforms in a majority of countries is quite long, as luck would have it
ESMA (or the European Securities and Markets Authority) is a European organisation best known for making recommendations to national recommendations to federal regulators, e.g., the UK's FCA or Cyprus' CySec.
Since regulators pass their offered services throughout the European Union, they must comply with ESMA regulations. Hence, the EU currently has almost two levels of regulation. Some other regulators operating under the ESMA consist of Germany's BaFin, as well as the regulators in Switzerland, Denmark, and France.
In other regions, brokers based in Dubai are controlled by the federal reserve of the UAE and DFSA (Dubai Financial Services Authority).
In Switzerland, CFD brokers are controlled by the Swiss Financial Market Supervisory Authority. Many international brokers also offer negative balance protection, which means you cannot lose more than your originally deposited funds.
It is almost impossible to gain access to most of the best CFD brokers from the USA due to restrictions. Some platforms still, however, accept US-based clients. Overall, US citizens may have to shop around more. It is important to note that European and UK-based investors can still trade CFD assets on US shares.
The main gist is to thoroughly check that your potential broker (in your jurisdiction) is regulated before you set up an account with them.
CFD Brokers For Beginners
Different traders have different trading requirements, and consequently, different brokers offer different services meant to cater to different categories of traders. For beginner traders just learning the ropes of stock trading, the main feature they must seek out in a broker is if they offer educational resources. Additionally, the broker has to be beginner-friendly with trading platforms that are simple to use. Even though such brokers often require higher commission fees than discount brokers, it helps to be educated because you can trade more efficiently without worrying about the trading costs.
CFD Brokers For Professionals
Seasoned traders focus more on the market analysis quality than educational resources. This category of traders focuses more on brokers who can offer them the required trading tools, research and data, which can improve their proficiency in analysing markets better. The trader must be able to execute their strategies and patterns over charts. Brokers offering various tools and a high-quality research team will be the best option for more seasoned traders.
CFD Brokers For Day Traders
The trading style of day traders requires them to search for brokers that can offer them an efficient trading platform. Trading is a full-time job for most day traders, who constantly check their trading screens. Therefore, day traders value a streamlined platform with low server downtime and execution speed. It is the main concern for day traders to make money promptly. Tax efficiency and portfolio diversification are also the least of their concerns.
CFD Brokers For Penny Stocks
Traders specialising in low-cost penny stocks are mostly concerned with trading costs. For such traders, their lucrativeness is measured by pennies. Therefore, to magnify their gains, a broker offering the lowest trading cost is more suitable for their investment style.
Customer Support
In a service-focused industry, top-quality customer service is important for maintaining high client retention. Generally, well-reputed and established brokers tend to provide superior quality support than a newer broker that has just entered the industry. Nonetheless, when checking a broker's customer support, pay special attention to the service hours, the support range provided, and the communication methods with the support team. Additionally, notice the response times for the customer support agent.
CFD Brokers Verdict
CFD brokers based in the UK offer many options, i.e., fees, leverage, market access, and more. Since there is a lot of competition and saturation in the market, make sure you take the time to compare all the available platforms and ensure which is the best for you. CFD brokers based in the UK also offer demo accounts which can be a great way for newbies to learn about the services before fully committing to the platform.
We have conducted extensive research and analysis on over multiple data points on CFD Brokers - Contract for Difference (CFD) Brokers to present you with a comprehensive guide that can help you find the most suitable CFD Brokers - Contract for Difference (CFD) Brokers. Below we shortlist what we think are the best CFD after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching CFD Brokers - Contract for Difference (CFD) Brokers.
Reputable CFD Brokers Checklist
Selecting a reliable and reputable online CFD trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade CFD more confidently.
Selecting the right online CFD trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen CFD broker has a solid track record of at least two years in the industry.
- Verify that the CFD broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the CFD broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the CFD broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for CFD brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the CFD broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of CFD in Our Brokerage Comparison Table
When choosing a broker for CFD trading, it's essential to compare the different options available to you. Our CFD brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each CFD broker.
- The funding methods available for CFD with each broker.
- The types of instruments you can trade with each CFD broker, such as forex, stocks, commodities, and indices.
- The trading platforms each CFD broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each CFD broker affects the cost of trading.
- The level of customer support each CFD broker offers, including their availability, responsiveness, and quality of service.
- Whether each CFD broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a CFD broker that best suits your needs and preferences for CFD. Our CFD broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 CFD of 2023 compared
Here are the top CFD.
Compare CFD brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a CFD broker, it's crucial to compare several factors to choose the right one for your CFD needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are CFD. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more CFD that accept CFD clients.
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IC Markets
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Roboforex
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eToro
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XM
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XTB
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AvaTrade
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Pepperstone
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NordFX
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Trading212
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FP Markets
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EasyMarkets
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| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) |
| Min Deposit | 200 | 10 | 50 | 5 | No minimum deposit | 100 | 200 | 1 | 1 | 100 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ | 15,000,000+ | 10,000+ | 142,500+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps |
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Up with pepperstone |
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Up with nordfx |
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Up with trading212 |
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Up with fpmarkets |
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Up with easymarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. | Losses can exceed deposits | Your capital is at risk |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XM Demo |
XTB Demo |
AvaTrade Demo |
Pepperstone Demo |
NordFX Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE |
All CFD in more detail
You can compare CFD ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top CFD for 2023 article further below. You can see it now by clicking here
We have listed top CFD below.
CFD Brokers Table of Contents
- CFD Brokers Explained
- 6 Factors to Consider when Choosing CFD Brokers
- Are Your CFD Brokers Trusted And Established?
- Are The CFD Brokers World Leading?
- What are the CFD Brokers Commissions and Fees?
- What are the CFD Brokers Funding and Withdrawl Methods?
- Find CFD Brokers with Round-the-clock support?
- Make sure the CFD Brokers Offer Comprehensive Trader resources?
- Why CFD Brokers needs to be regulated?
- CFD Brokers FAQ
- What are the best CFD brokers?
- What is the best CFD broker?
- Related CFD Brokers Reviews
- Related CFD Brokers Alternatives
- Related CFD Brokers Comparisons
CFD Brokers Explained
Trading volatile financial markets with CFD Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by CFD Brokers to ensure a successful trading experience.
Selecting CFD Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile CFD markets effectively.
Reliability is key to gaining access to financial markets. Look for CFD Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with CFD Brokers confidently.
6 Factors to Consider when Choosing CFD Brokers
Follow these five rules for selecting CFD Brokers that are right for you:
Are Your CFD Brokers Trusted And Established?
Search for a reputable CFD Brokers with a extensive proven track record for CFD, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated CFD broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2009 | 2002 | 2006 | 2010 | 2008 |
| Head Office | Australia | Belize | Cyprus, UK | Cyprus | Poland | Ireland | Australia | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Are The CFD Brokers World Leading?
Opt for CFD Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for CFD Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5000 | 1000 | 5600 | 1250 | 1200 | 50 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 55 | 70 | |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 55 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 15 | 21 | 17 | 16 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 0 | 2042 | 160 | 1696 | 1000 | 1100 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the CFD Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated CFD broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated CFD broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 5 | 0 | 100 | 200 | 1 |
| Withdrawl Fees | No | Yes | Yes | No | varies | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | No | Yes | Yes |
What are the CFD Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with CFD Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with CFD Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Skrill | Yes | No | Yes | No | Yes | No | Yes | No |
| Payoneer | No | Yes | No | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find CFD Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with CFD Brokers.
CFD Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by CFD Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits |
Make sure the CFD Brokers Offer Comprehensive Trader resources?
It's important to ensure your CFD Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with CFD Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with CFD Brokers.
Why CFD Brokers needs to be regulated?
Regulated CFD Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated CFD Brokers.
Consumers are protected by CFD Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of CFD Brokers is necessary to prevent fraud. The CFD Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with CFD Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
CFD Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account