CFD vs Options for 2024

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

CFD Vs Options Guide

Analysis by Andrew Blumer, Updated and fact checked by Senad Karaahmetovic, Last updated - April 30, 2024

CFD vs. Options Trading Explained

In financial and financial derivatives, contracts, and markets, two prominent instruments, Contracts for Difference (CFDs) and options, offer traders the opportunity to capitalize on price movements in underlying assets.

CFDs (Contracts for Difference) refer to agreements to exchange the difference in the value of an asset (stock, currency, etc.) between when you enter and exit the contract. Imagine you bet a friend on the future price of gold. CFDs are similar, but with a broker instead of a friend.

Options Trading are based on buying the right, but not the obligation, to buy or sell an asset at a certain price by a certain time. Think of it like having a VIP pass to buy or sell something at a specific price, but you can choose not to use it if the price goes against you.

While CFDs and options are financial derivatives, they exhibit distinct characteristics regarding their trading mechanisms, advantages, risks, and suitability for different investment strategies. This article comprehensively comprehends CFDs and options, illuminating the significant distinctions between the two instruments and highlighting the unique factors defining each.

What is the difference between CFDs and options?

Attribute CFD Trading Options Trading
Concept A Contract for Difference is an agreement on the price difference of a financial instrument between the time the contract is opened and closed. Options trading involves buying or selling options, which are contracts that give the owner the ability to buy or sell the actual underlying financial asset at a fixed agreed price before a certain date.
Leverage CFDs usually offer high leverage, giving traders high market exposure with a lower deposit amount. Options can also use leverage, but typically lower than CFDs. The trader pays a premium for the contract, which can be a fraction of the asset's price.
Expiry Date CFDs do not have a set expiry date. They can be held as long as the trader wishes, provided they can cover the margin requirements. Options contracts have an expiration date, after which they become worthless if not exercised.
Risk Level CFDs are considered high risk due to the leverage involved. It's possible to lose more than the initial investment. For options buyers, the risk is limited to the premium paid. Sellers, however, have potentially unlimited risk.
Profit Potential CFD traders may achieve profits but suffer significant losses due to leverage. Options can yield high profits, especially for the sellers, if the market doesn't move against them. Buyers' profits depend on the asset's price movement relative to the strike price and premium paid.
Underlying Markets CFDs can trade in various markets, including forex, stocks, indices, commodities, etc. Options are usually available on various assets, including stocks, indices, currencies, commodities, and interest rates.
Regulatory Environment CFD trading is banned in some countries, including the United States, due to its highly speculative nature and high risks. Options trading is widely available and regulated in many countries, including the United States. However, traders need to understand the risks involved.
Ownership of Underlying Asset In CFD trading, you don't own the underlying asset. You are simply trading on the price movements. In Options trading, you will own the underlying asset if you exercise a call option. However, you don't own the asset if you only trade options contracts without exercising them.
Trading Costs CFD trading costs might include spreads, commission, and overnight holding costs (swap rates). Options trading costs include the premium price and possibly commissions and fees, depending on the broker.
Trading Strategies CFD trading strategies often involve short-term positions used for speculation or hedging. Options trading can be used for various strategies, including hedging, generating income, or speculating on price movements. Strategies can be complex, involving combinations of buying and selling different options.

To grasp a basic understanding of the distinction between CFDs vs options and not vs options, it's crucial to examine their fundamental characteristics:

  1. CFDs: CFDs represent agreements between traders and CFD providers, allowing individuals to speculate on the price movements of underlying assets. Unlike options, CFDs do not grant the right to purchase or sell the asset but instead focus on profiting from the price difference between the opening and closing positions.

  2. Options: On the contrary, options are financial agreements that grant the holder to purchase (call) or sell (put) an underlying asset at a predetermined price (strike price) within a specified period. This flexibility sets options apart from CFDs.

Example Trade of CFD Vs Option Trading On EURUSD

Example EURUSD trade CFD vs options chart

CFD Trading Example on EUR/USD

Initial Setup: As an experienced trader, you decide to leverage your position on EUR/USD with a $10,000 investment. Given the current rate of 1.0656, you opt for a long position, predicting that the EUR will strengthen against the USD.

Mechanics of the Trade: You apply a leverage of 10:1, effectively controlling a position worth $100,000. This corresponds to approximately €93,894 in currency.

Potential Outcomes:

Options Trading Example on EUR/USD

Initial Setup: Considering a different approach, you invest $1,000 in a call option on EUR/USD, betting that the rate will rise. The premium is calculated based on a strike price of 1.0656 and a cost of 50 pips per Euro.

Mechanics of the Trade: The total premium paid is $532.80 for an option controlling €100 at a rate of $10 per pip.

Potential Outcomes:

Trading CFDs on Forex offers direct exposure to price movements, which can generate significant profits or losses, especially when leveraged. Options trading, while offering potentially high returns relative to the investment, caps the risk at the premium paid. This trade-off between risk and potential return is crucial in strategic trading decisions.

How do CFDs and options differ in terms of trading mechanisms?

While both CFDs and options enable traders to profit from share price movements in the stock, forex, commodity and other markets, their trading mechanisms differ in key ways:

  1. CFD Trading: In CFD trading, traders aim to speculate on the underlying asset's price movements without owning the assets themselves. CFD trades involve opening and closing positions, with profits or losses determined by the difference between the opening and closing prices. CFD trading allows for potential gains in both rising and falling markets.

  2. Options Trading: Options trading involves purchasing or selling options contracts. Traders can utilize advanced trading strategies to take advantage of different market conditions. Depending on market movements, options provide the flexibility to exercise the contract or let it expire. Options trading allows traders to profit from both positive and negative price movements.

What are the main advantages of trading CFDs over options?

When comparing the advantages of CFDs vs options and options, certain factors favour CFD trading style and options pricing to call options trading:

  1. Accessibility: CFDs offer greater accessibility to the financial markets. They allow traders to engage in various markets and asset classes with relatively low initial investment requirements.

  2. Cost-Effective: CFDs generally involve lower costs compared to options trading. Traders are not burdened with options premiums or the need to purchase entire contracts.

  3. Flexibility: CFDs provide more flexibility in terms of trading styles. Traders can enter and exit positions quickly, enabling them to profit from short-term price movements.

What are the main advantages of trading options over CFDs?

While both CFDs vs options both possess unique advantages, options trading offers its own set of benefits:

  1. Limited Risk: With options, traders have a predefined risk. They know the maximum potential loss upfront, which can be beneficial for risk management.

  2. Leverage: Options trading allows traders to utilize leverage, amplifying their market exposure and potential returns.

  3. Income Generation: Options strategies can be employed to generate income through writing options contracts and collecting premiums. This income can be an additional source of profit for traders.

Which investment strategy is more suitable for short-term trading: CFDs or options?

For short-term trading strategies, CFDs often prove more suitable:

  1. Rapid Execution: CFD trades can be executed swiftly, enabling traders to capitalize on short-term price movements. Traders can enter and exit positions without being restricted by expiration dates.

  2. Scalping Opportunities: CFDs offer opportunities for scalping, a trading technique involving quick trades to profit from small price fluctuations within short timeframes.

Which investment strategy is more suitable for long-term investing: CFDs or options?

When it comes to long-term investing and a long position in the stock market, options trading holds certain advantages:

  1. Time Horizon: Options provide an extended time horizon, allowing traders to capture long-term market trends.

  2. Risk Mitigation: By using options contracts, investors can protect their long-term investments against adverse price movements.

What risks are associated with trading CFDs compared to options?

  1. Be careful with CFDs: Trading CFDs can lead to big losses because you're using borrowed money. Make sure you understand this before you start.

  2. Understand options: When you trade options, you might lose the money you paid for them. Also, remember they have expiration dates, and if things don't go as planned, you could end up with nothing.

What's the deal with leverage in CFDs and options?

Leverage is a big deal in both CFDs and options:

  1. How CFDs use leverage: CFDs let you control a bigger trade with less money upfront. But remember, bigger trades can mean bigger losses too.

  2. Understanding options leverage: Options also let you control a bigger trade with less cash. But be careful, because big wins can also mean big losses.

CFD and option trading involve significant risks! For more information, please refer to the Financial Conduct Authority (FCA) website.

What are the liquidity considerations for CFDs and options?

Liquidity is a vital aspect to consider in both day trading, CFD, and options trading:

  1. CFD Liquidity: CFDs generally offer high liquidity, especially for popular assets and markets. This liquidity ensures traders can enter and exit positions promptly.

  2. Options Liquidity: Options liquidity varies based on the popularity of the underlying asset and expiration dates. Highly liquid options allow for smoother trade execution.

How are CFDs and options regulated in different jurisdictions?

Regulation of CFDs and options varies across jurisdictions:

  1. CFD Regulation: CFDs are regulated differently in various countries. Regulatory bodies impose rules to ensure transparency, protect investors, and prevent fraud.

  2. Options Regulation: Options trading is subject to regulations specific to each jurisdiction. Authorities oversee options markets to maintain fair trading practices and safeguard market integrity.

Why are CFDs illegal in the US?

CFDs are not illegal in the US. However, they are subject to certain restrictions due to regulatory concerns underlying the financial derivative market. These restrictions protect retail investors from the risks of leveraged trading in derivative instruments.

Are there any specific tax implications for trading CFDs compared to options?

Tax implications for trading CFDs and options can differ significantly depending on your location and trading activity. CFDs are often treated as contracts for difference, leading to ordinary income tax on profits.

In contrast, options can be subject to capital gains tax, potentially offering lower tax rates (especially for long-term holdings). However, tax rules vary by jurisdiction. It's crucial to consult with a tax professional to understand the specific tax implications for your CFD and options trading in your area.

Which financial instruments offer more flexibility: CFDs or options?

Both CFDs and options offer flexibility vs options, opening and closing prices but in different ways:

  1. CFD Flexibility: CFDs provide flexibility in terms of asset classes, allowing traders to access various markets such as stocks, indices, commodities, and currencies.

  2. Options Flexibility: Options offer flexibility through the ability to customize trading strategies based on different market conditions, time horizons, and risk tolerances.

How do CFDs and options differ in terms of profit potential and risk management?

  1. Profit Potential: CFDs provide the profit potential based on the price movements of underlying assets, enabling traders to benefit from rising and falling markets. Nevertheless, options can offer unlimited profit if the market price moves in the expected direction.

  2. Risk Management: Options offer predefined risk, as traders know the maximum potential loss up front. Conversely, CFDs involve the risk of significant losses due to leverage and price movements.

Can you provide some examples or scenarios where CFDs or options would be more suitable for different types of traders or investors?

  1. Scenario 1: Hedging Risk Options are often suitable for investors seeking to hedge against potential portfolio losses. Investors can limit their downside risk by purchasing options on their underlying assets.

  2. Scenario 2: Short-Term Trading Traders looking to capitalize on short-term price movements may find CFDs more suitable. CFDs allow quick entry and exit in volatile markets, making them attractive for day traders.

  3. Scenario 3: Income Generation Options trading offers opportunities for income generation through writing options contracts. Traders can collect premiums by selling options and earn income regardless of market direction.

How do CFDs and options differ regarding their underlying assets?

CFDs provide an avenue to tap into a broad spectrum of underlying asset prices, encompassing stocks, commodities, indices, and currencies. Options can also cover various other asset classes, but the price moves of specific underlying assets depend on the closing price of the options contracts available in the market.

What is the cost structure of trading CFDs compared to options?

CFD costs typically include spreads, commissions, and financing. Traders should carefully consider these costs and the market value of underlying assets when calculating potential profits or losses.

Options trading involves premiums paid for the options contracts. The premium represents the option's price over the cost of acquiring the right to buy or sell the underlying asset. Traders of option prices should assess the option premium itself's impact on their overall trading strategy.

How do CFDs and options differ in terms of their expiration and settlement processes?

  1. CFD Expiration and Settlement: CFDs do not have fixed expiration dates or settlement processes. Traders can hold positions for as long as they desire and close them at their discretion, making CFDs suitable for both short-term and long-term trading.

  2. Options Expiration and Settlement: Options have specific expiration dates, after which they become invalid. Traders must exercise their options or let them expire worthless before the expiry date. Settlement processes vary, depending on the option style (American or European) and the specific market.

What are the margin requirements for trading CFDs versus options?

CFDs involve margin trading, where traders must deposit a portion of the total position value as collateral. The margin requirement for CFDs varies depending on future price movement and the current price of the underlying asset and the CFD provider.

Options trading typically does not involve margin requirements like CFDs. Instead, traders pay a fixed price for the full option contract and a premium for the options contract upfront.

What are the contrasting aspects between CFDs and options regarding their potential for capital appreciation and income generation?

CFDs offer the potential for capital appreciation based on the price movements of the underlying trading assets. Traders can profit from both price movement in the fixed price of the underlying instrument and price movement in rising and falling markets.

Options trading can also experienced traders generate income through writing options contracts underlying the market and collecting premiums. This income from options premiums can serve as an additional source of profit for low-cost, options traders.

Restrictions on CFD and Options Trading in Different Countries

Regulations on CFD and Options Trading vary considerably across different countries. These regulations are often implemented to protect retail investors from the inherent risks associated with these complex financial instruments. Here are some common restrictions on CFD and Options Trading in several countries:

As an experienced CFD trader, I've encountered various restrictions on CFD trading and options trading across different countries. These regulations often aim to protect retail investors (CFD trading restrictions are generally stricter for retail CFD and options traders globally) from the inherent risks associated with these complex financial instruments. Here are some common restrictions I've come across in specific countries (this is not an exhaustive list and interested traders should research specific regulations in their country.):

  1. European Union (EU):
    • Leverage Limits: ESMA introduced regulations limiting leverage for retail traders, reducing it to a fraction of previous levels.
    • Product Bans: Certain jurisdictions within the EU have banned specific high-risk CFD products, such as binary options and CFDs on cryptocurrencies.
  2. United States:
    • Options Trading: Options trading is heavily regulated, and traders often need to meet strict eligibility criteria or be categorized as accredited investors to engage in certain types of options trading.
    • Margin Requirements: Margin requirements for leveraged products like CFDs and options are rigorously enforced by regulatory bodies such as the SEC and FINRA.
  3. Australia:
    • Leverage Limits: The Australian Securities and Investments Commission (ASIC) imposes leverage restrictions on CFD trading to protect retail investors.
    • Marketing Restrictions: ASIC has stringent rules regarding the marketing and promotion of CFD and options trading services to ensure compliance with consumer protection laws.
  4. United Kingdom:
    • FCA Regulations: The Financial Conduct Authority (FCA) regulates CFD and options trading, enforcing rules on leverage limits, risk warnings, and product intervention measures.
    • Margin Requirements: Margin requirements for CFD trading are subject to FCA regulations to ensure traders have sufficient capital to cover potential losses.
  5. Singapore:
    • Product Bans: The Monetary Authority of Singapore (MAS) has banned the sale of binary options to retail investors due to their high-risk nature.
    • Leverage Limits: Leverage limits are imposed on CFD trading to protect retail investors from excessive risk-taking.

This is not an exhaustive list, and it's crucial for traders to research the specific regulations in their jurisdiction.. These are just a few examples of how different countries regulate CFD and options trading to safeguard investors and maintain market integrity. As a trader, it's essential to understand and adhere to the regulatory requirements in each jurisdiction to operate legally and responsibly.

CFD Vs Options Verdict

Are you thinking about trading CFDs or options? Both offer ways to participate in the market, but they cater to different preferences.

CFDs and options are distinct financial instruments with unique characteristics. Understanding the key differences between CFDs and options, including trading mechanisms, advantages, risks, and suitability for different investment strategies, is crucial for traders and investors to make informed decisions. 

Regardless of your choice, it's crucial to conduct thorough research on both CFDs and options. Understanding the specific tax implications in your region is also important. Finally, consider consulting a financial advisor for personalized guidance tailored to your trading goals and risk tolerance.

We have conducted extensive research and analysis on over multiple data points on CFD vs Options to present you with a comprehensive guide that can help you find the most suitable CFD vs Options. 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 Options.

Reputable CFD Vs Options Checklist

Selecting a reliable and reputable online CFD Brokers 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 Brokers more confidently.

Selecting the right online CFD Brokers 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 Brokers trading, it's essential to compare the different options available to you. Our CFD Brokers 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 Brokers broker that best suits your needs and preferences for CFD Brokers. Our CFD Brokers 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 brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a CFD Brokers broker, it's crucial to compare several factors to choose the right one for your CFD Brokers 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 Brokers 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
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  • 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
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  • Micro account
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  • Islamic account
  • Demo account
  • Micro account
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  • Islamic account
  • Demo account
  • Micro account
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  • 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
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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
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eToro
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easyMarkets
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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.

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We have listed top CFD Brokers below.

CFD Vs Options 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)

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Losses can exceed deposits
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Losses can exceed deposits