Top Cfd Vs Etf for 2024

We found 11 online brokers that are appropriate for Trading CFD.

Best Cfd Vs Etf Guide

Analysis by Andrew Blumer, Updated Last updated - April 30, 2024

CFDs Vs ETFs

Over the years, the tools of investing have changed. Technology, ideas, and concepts in financial trading have paved the way for a new era. There are several types of trading.

Experienced investors trade indices instead of individual stocks using their trading investment fund. There are numerous advantages to doing this; the most noticeable one is exposure to an industry. You do not need to research reports for individual corporations.

You do not need to research the market trends. The subpar performance of one firm can be hedged by the windfalls of another one in the same index.

Moreover, the price movement is not volatile. Individual stocks tend to go up and take extreme plunges. This is mainly why trading indices are not risky in comparison.

Investing in indices comes in two ways, i.e., the CFDs and ETFs. This article will discuss CFDs vs ETFs (also with regards to emerging market equities).

Index CFD In CFD Vs ETF

CFD is an acronym for Contracts for Difference. It is a derivative and a new addition to the bucket of derivative instruments. It acts as a contract between a buyer and seller agreeing to pay for the price contrast between the entry and exit of a particular trade. Around 5% and 10% of the asset's value is paid for to take a position.

With index CFDs, traders can spread the risk of losing money, in contrast to investing in a sole firm. It is obtainable with instant execution and market execution.

CFD offers higher leverage, taking of short positions, lower transaction costs, out-of-hours trading and worldwide market access from a single platform.

Index EFT In CFD Vs ETF

Exchange Traded Funds or ETF is an ideal trading tool, comparable to mutual funds. It is traded on exchanges and symbolises the ownership of assets.

In an index Exchange Traded Fund, the common characteristic assets are clubbed together and usually offer greater daily liquidity and lower fees. These are the two principal factors behind the popularity of the index ETF.

ETF is best for such investors who are equipped with high capital and seeks less leverage.

ETF trading strategies include swing trading, dollar-cost averaging, asset allocation, betting on seasonal trends, sector rotation, hedging on several features and short selling.

Index ETF is ideal for beginners.

Index CFD Vs Index ETF

Trading Index CFDs are the latest entry into the financial markets. Index ETF was introduced a long time ago and had been trading since the 90s.

In an Index CFD a trader agrees to either pay or receive the price disparity between the entry and exit dates of a particular contract. Index ETF, in contrast, pays off the full value of the underlying asset.

Leverage is used in index CFD; hence, profits and losses are magnified. The losses can exceed the deposits. In an index Exchange Traded Fund, the loss can never be more than the deposits or initial investment.

As the index CFD is a margined product, it attracts interest in holding the position. In index ETFs, there are no interest charges for holding the position.

The value of the underlying assets can go beyond the initial payment in an index CFD. To bypass the risk of default in such conditions, the broker might request the trader to deposit more funds. This requirement does not exist with index ETFs.

Traders use CFD for shorter-term investments. If you are seeking a longer-term investment, consider ETFs.

CFD is recognised for its high reward capacity. It is also known to be a highly risky financial derivative. ETFs are the opposite. ETF potential gains are typically smaller, however, they are more stable. So traders like to choose smaller, more stable returns spread over a much longer term.

Both CFDs and ETFs are exhilarating financial products for traders but with varying differences in risk management. Traders must be aware of their risk appetite and understand what an index is.

Trading CFDs And ETFs - Their Similarities

Below are the similarities between CFDs and ETFs:

Leverage

Both CFDs and Exchange Traded Funds let you use leverage and trade on margin. With CFDs, your broker offers the leverage. In both circumstances, leverage helps magnify your profits and losses. In some instances, you might even exceed your invested funds.

Flexible Underlying Assets

When it comes to trading CFDs and ETFs, experienced traders can trade a diverse variety of financial markets.

This includes currencies, commodities, indices, and multiple stocks. Traders can find distinctive ETFs for specific countries, asset classes, economic sectors, and geographical locations.

Spreads

Both ETFs and CFDs incur a spread in retail investor accounts. The spread refers to the contrast between the bid and ask price.

Hedging

Experienced traders can use CFDs and ETFs to hedge other portfolio positions. For instance, buying the inverse S&P is a great way to hedge stock positions since this Exchange Traded Funds move opposite the stock exchange market.

CFDs are superb for hedging, mainly because the trader can use them to offset losses in their portfolio via leverage.

Liquidity

Both ETFs and CFD have high liquidity in their respective financial markets. Trading ETFs is like trading CFDs, which means plenty of buyers and sellers are in the stock market during trading hours. Other than that, you can get into and out of trading positions quickly.

CFDs trade over the counter, and most ETF and CFD brokers have liquidity providers. This also means you can choose to buy a CFD long and sell a CFD short anytime.

Trading Periods

Unlike assets such as futures contracts that can expire, you can trade CFDs and ETFs for as long as you want. You may trade them over days and weeks (short periods) or months and years (long periods).

Trading CFDs And ETFs - The Differences

Much like their similarities, both trading options also have their differences. Below are the differences in detail:

Asset Ownership

Asset ownership is the biggest difference between ETFs and CFDs. If you buy the CFD of an asset, you do not own the asset. You only trade the price of movements of the underlying asset.

The CFD you buy gets its value from its underlying asset, thereby allowing you to make a loss or profit based on the accuracy of your predictions regarding the price movements.

In contrast, when you buy an ETF, you become the owner of a small part of the stocks it comprises. For instance, if you invest in the FTSE 100 Exchange Traded Fund, you gain trading experience and exposure to stocks like Unilever, GSK, Shell, etc.

Funding

While it is possible to trade CFDs on margin, dealing in ETFs means owning a part of the fund.

Since CFDs are derivative products, you can get a significant upside (or downside and risk losing money rapidly) and get hold of a larger position with lower capital.

Generally, you must fulfil a margin requirement of approximately 5-10% of the underlying asset value.

ETFs work differently in such cases. Even though you can deal in leveraged ETFs, said leverage is not always significant. You may even need to cover the ETF's full cost.

Market Access

You can trade Contracts for Difference over the counter. To trade an Exchange Traded Fund, however, you may have to take a short or long position on it from centralised stock exchanges.

When it comes to CFDs, you trade against CFD brokers, and they are often the counterparty to your trades. You will not find CFDs listed in formal stock exchanges; other than that, over-the-counter only occurs between two parties.

CFDs, unlike centralised exchanges offering numerous price options across both the buy and sell sides, only constitute a single buy and sell price.

ETFs are regulated instruments and based on that, they are easily available to trade on stock exchanges. Stock exchanges enable institutional and individual investors to partake in trades in public venues.

Exchange Traded Funds often offer transparent pricing and follow an order flow. Market makers handle the bid-ask prices to ensure market fairness.

Regarding ETFs, the broker merely acts as a mediator between the trader and the stock market.

Costs

ETFs are cheaper compared to other instruments. You may have to pay more to trade ETFs than CFDs, especially with limited capital. Some ETF-related costs include:

In contrast, CFDs pay:

  • Spreads
  • Funding costs
  • Commissions
  • Overnight trade-related holding fees
  • Risk Profile

    CFDs constitute a higher risk profile compared to ETFs. However, they offer better trading opportunities on trading platforms. It helps when you practice trading to avoid the risks involved.

    CFDs are prone to volatility, which means you may go from a winning position to one where you may lose money when trading. Through leverage, retail investor accounts lose money beyond their invested capital.

    However, you can benefit from market opportunities through your invested capital by using a sound trading strategy and carefully making predictions.

    Compared to CFDs, ETFs differ regarding the risks involved. They tend to incur lower costs and offer a basket of securities, which can increase your diversification.

    CFD Vs ETF Verdict

    Both CFD and ETF trades are essential financial products for making money. The two have been thoroughly utilised in the traders' portfolios. The market for CFD and ETF financial instruments has increased significantly worldwide.

    Brokerages have started offering CFD and ETF financial instruments trying to lure new retail traders with benefits like low commissions and fees.

    Index CFDs and index ETFs are traded in greater volume compared to CFD and ETF trades on other asset classes. The main reason is that index trading may be less volatile.

    In this article on CFDs vs. ETFs, we examined some of the notable advantages and disadvantages of the two. It is a known fact that no financial product can ensure a guaranteed profit, so traders are advised to have good market knowledge before investing.

    Sound know-how and experience minimise the risk of losses. Additionally, it is advised to deal only with renowned regulated and trusted brokerages.

    More CFD Guides and Research

    If you are researching CFDs make sure to read through the below CFD related guides. You will find something useful.

    We have conducted extensive research and analysis on over multiple data points on Cfd Vs Etf to present you with a comprehensive guide that can help you find the most suitable Cfd Vs Etf. Below we shortlist what we think are the best CFD brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cfd Vs Etf.

    Reputable Cfd Vs Etf 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:

    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 Brokers 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.

    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 Brokers of 2024 compared

    Here are the top CFD Brokers.

    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 brokers. Learn more about what they offer below.

    You can scroll left and right on the comparison table below to see more CFD brokers that accept CFD clients.

    Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets NordFX EasyMarkets SpreadEx
    Rating
    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 (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 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) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) 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 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 Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA)
    Min Deposit 200 10 100 No minimum deposit 5 200 100 100 1 100 1
    Funding
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    • Bank transfer
    • Credit Card
    • Paypal
    Used By 180,000+ 1,000,000+ 30,000,000+ 1,000,000+ 10,000,000+ 400,000+ 300,000+ 10,000+ 10,000+ 142,500+ 10,000+
    Benefits
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Offers STP
    • Low min deposit
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Guaranteed stop loss
    • Offers Negative Balance Protection
    • Allows scalping
    • Allows hedging
    • Low min deposit
    • Guaranteed stop loss
    • Offers Negative Balance Protection
    Accounts
    • Demo account
    • Mini account
    • Standard account
    • Zero spread account
    • Raw Spread account
    • Islamic account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Zero spread account
    • ECN account
    • Islamic account
    • Demo account
    • Standard account
    • Islamic account
    • Pro account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Islamic account
    • Demo account
    • Micro account
    • Standard account
    • Islamic account
    • Demo account
    • Standard account
    • Zero spread account
    • ECN account
    • Islamic account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Managed account
    • Islamic account
    • Demo account
    • Micro account
    • Standard account
    • Demo account
    • Micro account
    • Mini account
    • Standard account
    • Zero spread account
    • ECN account
    • Islamic account
    • Demo account
    • Standard account
    • Islamic account
    • Demo account
    • Standard account
    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, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
    Support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    • Live chat
    • Phone support
    • Email support
    Learn More Sign Up with
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    Risk Warning Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 76-85% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Losses can exceed deposits Your capital is at risk Losses can exceed deposits
    Demo IC Markets
    Demo
    Roboforex
    Demo
    eToro
    Demo
    XTB
    Demo
    XM
    Demo
    Pepperstone
    Demo
    AvaTrade
    Demo
    FP Markets
    Demo
    NordFX
    Demo
    easyMarkets
    Demo
    SpreadEx
    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, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, 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, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, CA, EU, RU, SY, KP, CU 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 US, TR


    All CFD brokers in more detail

    You can compare CFD Brokers 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 Brokers for 2024 article further below. You can see it now by clicking here

    We have listed top CFD brokers below.

    Cfd Vs Etf List

    IC Markets
    (4/5)
    Min deposit : 200
    IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
    Roboforex
    (4/5)
    Min deposit : 10
    Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by 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
    eToro
    (4/5)
    Min deposit : 100
    Visit eToro Try a Demo Read review

    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. 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.

    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.

    Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

    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.

    eToro was established in 2007 and is used by over 30000000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
    XTB
    (4/5)
    Min deposit : 0
    XTB was established in 2002 and is used by over 1000000+ traders. 76-85% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by 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)
    XM
    (4/5)
    Min deposit : 5
    XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
    Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
    Pepperstone
    (4/5)
    Min deposit : 200
    Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account Pro Account VIP account
    Regulated by 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
    AvaTrade
    (4/5)
    Min deposit : 100
    AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by 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
    FP Markets
    (4/5)
    Min deposit : 100
    FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
    NordFX
    (4/5)
    Min deposit : 1
    NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
    EasyMarkets
    (4/5)
    Min deposit : 100
    easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
    SpreadEx
    (4/5)
    Min deposit : 1
    SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

    Funding methods

    Bank transfer Credit Card Paypal

    Platforms

    Web Trader, Tablet & Mobile apps

    Customer support

    Live chat Phone support Email support

    Account Types

    Micro account Standard account ECN account
    Islamic account VIP account
    Regulated by Financial Conduct Authority (FCA)

    Learn more Learn more about IC Markets.
    Losses can exceed deposits
    TRADE NOW Try IC Markets today
    Losses can exceed deposits