How To Trade CFDs for 2024

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

How To Trade CFDs Guide

Analysis by Andrew Blumer, Updated Last updated - March 26, 2024

How To Trade CFDs

Navigating the Contract for Difference (CFD) trading requires a comprehensive understanding of critical elements, from choosing the right CFD broker, financial instrument to mastering risk management. This guide delves into crucial aspects such as CFD positions, underlying assets, and the intricate dynamics of long and short positions. We explore the role of the CFD trading platform, the risks involved, and tax considerations. From deciphering buy and sell prices to dissecting the underlying price, this guide equips novice and experienced traders with CFD trading tips for making informed decisions in the dynamic realm of CFD trading. You do not own any real assets when trading CFD, its a speculated deal with the broker on up and down price change.

NVIDIA CFD Stock Trade Example

NVIDIA CFD trading chart example

Imagine you're eyeing NVIDIA stock, a tech giant known for its robust growth and market volatility. You have $5,000 to invest and you're considering using a 1:30 leverage in a CFD trade. This leverage magnifies your buying power, allowing you to hold a position worth $150,000 (your $5,000 multiplied by the leverage of 30).

Let's say NVIDIA's stock is trading at $500 per share. With your leveraged position, you can effectively control 300 shares ($150,000/$500). Now, the market can swing in two directions: in your favor or against you.

NVIDIA CFD Stock Trade Scenario 1: The stock price climbs to $520. The value of your 300 shares is now $156,000. Subtract your initial $150,000 position, and you're left with a profit of $6,000. That's a 120% return on your initial $5,000 investment, all because of leverage.

NVIDIA CFD Stock Trade Scenario 2: The stock falls to $480. Now, your 300 shares are worth $144,000, meaning you're down $6,000. This represents a 120% loss on your initial investment, and because of the leverage, your losses can exceed your original stake.

It's crucial to understand that while CFD trading leverage can amplify gains, it also magnifies real financial losses. Always use stop-loss orders to manage your CFD trading risk, and never invest money into CFD trading you can't afford to lose. Check you use a negative balance proctection broker when CFD trading, so you only lose your deposited CFD trading amount. Trading with leverage is not for the faint-hearted and requires a solid strategy, nerves of steel, and an intimate understanding of the market dynamics.

NVIDIA CFD trading example

What Is The Basic Process For Initiating A CFD Trade?

When learning how to trade CFDs, understanding the basic process is crucial. Here's a step-by-step guide:

  1. Select Your Underlying Asset: Choose the financial instrument or asset class you want to trade through CFDs. This could be stocks, commodities, currencies, or indices.

  2. Determine Your Position: Based on your market analysis and predictions about the asset's price movement, decide whether to take a long (buy) or short (sell) position.

  3. Choose Your CFD Provider: Select a reliable CFD broker or provider. Ensure they offer a trading platform that suits your needs, including risk management tools and educational resources.

  4. Set the Size of Your Position: Specify the size of your position. Leverage allows you to control a more substantial position size with a smaller initial investment and increases risk.

  5. Place Your Trade: Execute the trade by entering the market at the current buy or sell price. This is typically done through the trading platform provided by your chosen broker.

  6. Monitor and Manage: Monitor market movements and manage your trade accordingly. Remember that trading CFDs can offer flexibility and opportunities but also involves risks. Be sure to educate yourself thoroughly before engaging in live markets.

How Does Leverage Work In CFD Trading, And What Are Its Risks?

Understanding leverage in CFD trading is essential for maximizing potential capital gains tax take, but it comes with inherent risks:

  1. Leverage: Leverage allows traders to control a more prominent position size with less capital. It magnifies potential profits and losses.

  2. Leverage Ratio: The leverage ratio is the proportion of borrowed funds to one's capital. Common ratios include 50:1, 100:1, or higher, depending on the asset class.

  3. Amplification of Profits and Losses: Leverage can significantly amplify gains when the market moves in your favour. However, it also magnifies losses if the market goes against your position.

  4. Margin Calls and Account Liquidation: Trading with leverage requires maintaining a minimum margin level. If losses deplete your account to a certain level, the broker may issue a margin call or liquidate your positions.

  5. Risk Management:

  6. Market Volatility: Highly leveraged positions are more susceptible to market volatility. Sudden price movements can lead to significant losses, especially if proper risk management measures are not in place.

While leverage can enhance trading opportunities, it should be used cautiously. Novice traders should start with lower leverage ratios to mitigate potential risks.

Can You Explain The Key Differences Between Trading CFDs And Traditional Stock Trading?

Understanding the distinctions between CFD trading and traditional stock trading is vital for informed decision-making:

  1. Ownership of the Underlying Asset: In traditional stock trading, you own a portion of the company when you buy shares. In CFD trading, you don't own the underlying asset but speculate on its price movements.

  2. Leverage and Margin: CFD trading often involves higher leverage than traditional stock trading, allowing traders to control more prominent positions with a smaller capital outlay.

  3. Short Selling: CFDs allow traders to take short positions, profiting from a decline in the underlying asset's price. Traditional stock trading may involve more restrictions on short selling.

  4. Dividends and Voting Rights: Stockholders in traditional trading may receive dividends and have voting rights in company decisions. CFD traders typically do not receive these benefits.

  5. Regulatory Environment: Regulations for CFD trading may differ from those for traditional stock markets. Being aware of the legal and regulatory framework governing CFD trading in your region is crucial.

  6. Trading Hours: CFD markets often have extended trading hours, allowing traders to react to global developments outside traditional stock market hours.

Understanding these differences helps traders choose the approach that aligns with their financial goals, risk tolerance, and preferred trading style.

What Factors Should One Consider Before Deciding To Trade CFDs?

I can tell you that diving into CFD (Contracts for Difference) trading requires a blend of wisdom, strategy, and a solid grasp of your own trading psychology. First off, understanding your risk tolerance is paramount. CFD trading is not for the faint-hearted. It's leveraged, meaning it has the potential to magnify your gains as well as your losses. You need to be clear about how much you're willing to risk and what you can afford to lose without it affecting your peace of mind or financial stability. Education is your armor in this field. It's not just about knowing the basics of how CFDs work; it's about continuously updating your knowledge on market analysis, economic indicators, and risk management strategies. The market is an ever-evolving beast, and staying informed is your best defense against its unpredictability.

Regulatory knowledge is often overlooked but it's crucial which top regulators like the FCA, CySEC and ASIC. Each region has its own set of rules and protections for traders. Understanding these will not only keep you on the right side of the law but also give you a sense of the safety nets available in your trading environment. Your financial goals need to be crystal clear. Are you in it for quick gains, or are you looking to build a portfolio over time? Your trading strategy should align with these goals. It's not just about making trades; it's about making the right trades that move you closer to your objectives.

Market knowledge is another cornerstone of successful trading. It's not enough to know about the assets you're trading; you need to understand the broader market dynamics that influence those assets. This means keeping a close eye on global economic events, market trends, and even geopolitical developments that could sway the markets. Choosing the right broker can make or break your trading experience. You want a platform that's user-friendly, transparent about fees, and offers robust customer support. Take the time to research and compare different brokers. Remember, the cheapest option is not always the best.

Lastly, a robust risk management strategy is your safety net. This could mean setting stop-loss orders to limit potential losses, managing the size of your positions to avoid overexposure, and diversifying your portfolio to spread risk. It's about protecting your capital so you can live to trade another day.

Considering these factors before entering the CFD market can enhance your preparedness and increase the likelihood of making informed and strategic trading decisions.

How Can A Beginner Start CFD Trading, And What Resources Are Recommended For Learning The Basics?

For beginners aiming to venture into CFD trading, a systematic approach and access to educational resources are essential:

  1. Educational Platforms: Explore online platforms, webinars, and courses that provide comprehensive education on trading CFDs. Many reputable brokers offer educational resources for their clients.

  2. Demo Accounts: Start with a demo account to practice CFD trading in a risk-free environment.

  3. Understand Market Basics: Gain a solid understanding of financial markets and the specific asset classes you are interested in. Know the factors influencing price movements in those markets.

  4. Risk Management: Prioritize learning about risk management. Establishing a risk management strategy, including setting stop-loss orders, is crucial for protecting your capital.

  5. Stay Informed: Stay updated on market news, economic indicators, and global events. Being aware of these factors can help you make informed trading decisions.

  6. Choose a Reputable Broker: Select a reliable CFD broker that caters to beginners. Look for brokers with user-friendly platforms, educational materials, and responsive customer support.

  7. Start Small:

By following these steps and continuously learning, beginners can build a strong foundation for successful CFD trading.

What Are The Common Strategies For Managing Risk While Engaging In CFD Trading?

Effectively managing risk is crucial in CFD trading. Here are common strategies to mitigate risks:

  1. Set Stop-Loss Orders: Implement stop-loss orders at a predetermined automatic price level. This helps limit potential losses.

  2. Diversify Your Portfolio: Avoid concentrating your capital on a single asset. Diversifying your portfolio across different instruments can reduce the impact of a poor-performing trade.

  3. Position Sizing: Determine the size of your positions based on your risk tolerance and overall portfolio size. Avoid overleveraging, as it can amplify both gains and losses.

  4. Use Take-Profit Orders: Like stop-loss orders, take-profit orders automatically close a position when they reach a specified profit level. Ensures that you lock in profits at favourable points.

  5. Stay Informed: Continuously monitor market news and events that may impact your positions. Being aware of potential market-moving factors allows for timely decision-making.

  6. Regularly Review and Adjust: Periodically review and adjust your risk management strategy. As market conditions change, your approach to risk management should evolve accordingly.

Implementing these risk management strategies can help traders navigate the volatile nature of financial markets and enhance the sustainability of their CFD trading endeavours.

How Do You Analyze The Market To Identify Potential CFD Trading Opportunities?

Analyzing the next market price move is crucial to successful CFD trading. Here's how to identify potential opportunities:

  1. Technical Analysis: Utilize technical analysis by examining price charts, patterns, and technical indicators. Identify trends, support, and resistance levels to make informed trading decisions.

  2. Fundamental Analysis: Conduct a fundamental analysis to evaluate the financial health of the underlying asset. Consider factors like earnings reports, economic indicators, and company news.

  3. News and Events: Stay informed about market news and significant events that can impact the asset's price. Economic releases, geopolitical developments, and corporate announcements can all influence markets.

  4. Market Sentiment: Monitor market sentiment by gauging the opinions of other traders, analysts, and financial experts. Social media, forums, and news outlets can provide insights into prevailing market sentiment.

  5. Chart Patterns: Recognize chart patterns such as triangles, head and shoulders, and double tops/bottoms. These patterns may indicate potential reversals or continuation of trends.

  6. Risk-Reward Assessment:

  7. Backtesting Strategies: Backtest your trading strategies using historical data. This helps assess the effectiveness of your approach and identify patterns that may repeat in the future.

By combining these analytical methods, traders can develop a comprehensive understanding of the underlying market and make well-informed decisions when executing CFD trades.

Are There Specific Regulations And Guidelines One Should Know When Engaging In CFD Trading?

Navigating the regulatory landscape is crucial for CFD traders. Here are key considerations:

  1. Legal Status of CFD Trading: Understand the legal status of CFD trading in your jurisdiction. Regulations vary, and it's essential to ensure that CFD trading is legally permitted.

  2. Regulatory Authorities: Identify the regulatory authorities overseeing CFD trading in your region. These may include financial regulatory bodies that set guidelines and enforce compliance.

  3. Client Protections: Check for client protection measures provided by regulatory bodies. These may include the segregation of client funds, dispute resolution mechanisms, and compensation schemes.

  4. Risk Disclosures: Be aware of the risk disclosures provided by your CFD broker. Regulations often require brokers to inform clients about the risks of trading CFDs.

  5. Leverage Limits: Understand any restrictions on leverage imposed by regulatory authorities. Some regions have implemented leverage limits to protect retail investors from excessive risk.

  6. Reporting Requirements: Familiarize yourself with any reporting requirements imposed by regulatory authorities. This may include regular reporting of trading activities, financial statements, and compliance audits.

  7. AML and KYC Procedures: Be prepared to undergo Anti-Money Laundering (AML) and know-your-customer (KYC) procedures. Regulatory compliance often requires brokers to verify their clients' identities.

By adhering to regulatory guidelines, traders can ensure a legal and secure trading environment while minimizing potential risks associated with non-compliance.

Tips For Selecting A Reliable CFD Broker

Selecting the right CFD broker is paramount for a successful trading experience. Here are essential tips and features to consider:

  1. Regulatory Compliance: Ensure a reputable financial authority regulates the broker. Regulatory compliance assures the broker's adherence to industry standards and client protection.

  2. Trading Platform User-Friendly: Opt for a user-friendly trading platform. A well-designed and intuitive platform enhances the trading experience, especially for beginners. Look for features such as easy order execution and a straightforward interface.

  3. Available Markets and Instruments: Assess the variety of markets and financial instruments offered by the broker. A diverse range of options allows you to explore different assets and diversify your trading portfolio.

  4. Leverage Options: Consider the leverage options provided. Different brokers may offer varying leverage ratios. Ensure that the available leverage aligns with your risk tolerance and trading strategy.

  5. Transaction Costs and Fees: Evaluate the broker's fee structure. Understand the transaction costs, including spreads, commissions, and overnight financing fees. Transparent fee structures contribute to cost-effective trading.

  6. Risk Management Tools: Look for risk management tools provided by the broker. Features such as stop-loss orders, take-profit orders, and guaranteed stop-losses can help you manage and mitigate potential losses.

  7. Educational Resources: Check if the broker offers educational resources. Access to webinars, tutorials, and market analysis can be invaluable, especially for beginners looking to enhance their trading skills.

  8. Customer Support: Assess the quality of customer support. A responsive and knowledgeable support team is essential for promptly addressing issues or concerns. Consider testing their responsiveness through demo account inquiries.

  9. Demo Account Availability: Opt for a broker that offers a demo account. Practising with virtual funds allows you to familiarize yourself with the platform and test your strategies without risking natural capital.

  10. Security Measures: Prioritize brokers with robust security measures, including encryption protocols to safeguard your personal and financial information. Ensure the broker adheres to industry standards for data protection.

  11. Research and Reviews: Conduct thorough research and read reviews about the broker. Insights from other traders can provide valuable perspectives on the broker's reliability, performance, and customer satisfaction.

By carefully considering these factors, traders can make informed decisions when using futures contracts and selecting a CFD broker, setting the foundation for a secure and rewarding trading experience.

Is CFD Trading Legal, And What Legal Considerations Should Traders Be Aware Of?

Ensuring the legality of CFD trading is crucial for traders. Here are critical legal considerations:

  1. Regulatory Framework: Understand the regulatory framework governing CFD trading in your region. Different countries may have varying regulations; compliance is essential for a legal and secure trading environment.

  2. Broker Regulation: Choose brokers regulated by reputable financial authorities. Regulated brokers adhere to industry standards, providing clients with certain protections and ensuring fair practices.

  3. Client Protections: Be aware of client protections provided by regulatory bodies. These may include the segregation of client funds, compensation schemes, and dispute resolution mechanisms.

  4. Tax Implications: Consider the tax implications of CFD trading. In some jurisdictions, traders may be required to pay capital gains tax on profits. Understanding tax obligations ensures compliance with local tax laws.

  5. Leverage Limits: Stay informed about any restrictions on leverage imposed by regulators. Some regions have implemented leverage limits, particularly for retail investors, to mitigate excessive risk.

  6. AML and KYC Compliance: Be prepared to undergo Anti-Money Laundering (AML) and know-your-customer (KYC) procedures. Brokers must comply with these measures to verify their clients' identities.

Ensuring legal compliance protects traders and contributes to the overall stability and integrity of the CFD trading ecosystem.

Do Traders Need To Pay Capital Gains Tax On CFD Profits?

The tax implications of CFD trading, especially regarding capital gains, are essential for traders to navigate. Consider the following points:

  1. Tax Jurisdiction: Tax obligations vary based on your jurisdiction. Research and understand the specific tax laws governing CFD trading in your country.

  2. Capital Gains Tax: In many regions, profits from CFD trading are subject to capital gains tax. This tax is typically applied to the net gains accumulated over a specific period.

  3. Tax Deductions: Explore potential tax deductions related to trading expenses. Some jurisdictions allow traders to deduct certain costs, such as transaction fees and educational expenses, from their taxable income.

  4. Record-Keeping: Maintain thorough records of your trades, profits, and losses. Accurate record-keeping is essential for tax reporting and ensures compliance with local tax regulations.

  5. Seek Professional Advice: Consult a tax professional for personalized advice based on your financial situation and local tax laws. Professional guidance can help you optimize your tax strategy and minimize liabilities.

Understanding and addressing capital gains tax obligations is crucial for responsible and legal CFD trading.

How Do You Open And Manage A CFD Trading Account?

Opening and managing a CFD trading account involves several key steps. Here's a comprehensive guide:

  1. Choose a Reliable Broker: Research and select a reputable CFD broker. Consider factors such as regulation, fees, available markets, and the quality of the trading platform.

  2. Registration Process: Complete the broker's registration process. This typically involves providing personal information, verifying your identity through KYC procedures, and agreeing to the terms and conditions.

  3. Deposit Funds: Fund your CFD trading account. Brokers offer deposit methods, including bank transfers, credit cards, and electronic wallets. Ensure you meet the minimum deposit requirements.

  4. Explore the Trading Platform: Familiarize yourself with the broker's trading platform. Practice using the platform with a demo account to get comfortable with order execution, chart analysis, and risk management tools.

  5. Risk Management Strategies: Develop and implement risk management strategies. Set stop-loss orders, take-profit orders, and determine the size of your positions based on your risk tolerance.

  6. Start Trading: Once comfortable with the platform and risk management, start trading with real funds.

  7. Regularly Review Trades: Periodically review your trades and overall trading performance. Assess the effectiveness of your strategies, identify areas for improvement, and adjust your approach accordingly.

  8. Withdraw Profits: If you make profits, consider withdrawing a portion. Ensures you secure gains and maintain a disciplined approach to managing your trading capital. Beaware of CFD funding and withdrawal options and related fees.

How To Trade CFDs Verdict

By following these steps, traders can effectively establish and manage a CFD trading account, setting the stage for a successful and sustainable trading journey.

CFD trading unveils a myriad of opportunities and complexities. With insights into buy and sell prices, CFD positions, and the underlying price, traders can confidently navigate the market. Mitigating risks, understanding tax implications, and choosing reliable CFD brokers are integral to a successful trading journey. Whether it's the first trade or a seasoned venture, this guide is a compass for gaining exposure, managing CFD positions, and employing reliable indicators. As experienced traders and newcomers alike delve into the realm of CFD trading, mastering these nuances becomes critical to unlocking the full potential of this financial instrument.

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

Reputable How To Trade CFDs Checklist

Selecting a reliable and reputable online CFD Investment Platforms 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 Investment Platforms more confidently.

Selecting the right online CFD Investment Platforms 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 Investment Platforms in Our Brokerage Comparison Table

When choosing a broker for CFD Investment Platforms trading, it's essential to compare the different options available to you. Our CFD Investment Platforms 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 Investment Platforms broker that best suits your needs and preferences for CFD Investment Platforms. Our CFD Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 CFD Investment Platforms of 2024 compared

Here are the top CFD Investment Platforms.

Compare CFD Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a CFD Investment Platforms broker, it's crucial to compare several factors to choose the right one for your CFD Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are CFD Investment Platforms. Learn more about what they offer below.

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

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
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), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Min Deposit 200 10 100 No minimum deposit 5 200 100 100 100 1 100
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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. 74-89 % 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 Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
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All CFD Investment Platforms in more detail

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

We have listed top CFD Investment Platforms below.

How To Trade CFDs 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 935000+ 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. 74-89 % 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, 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)
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)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, 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), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)

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