Best CFD Brokers

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Best Brokers in January, 2021


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Fact-Checked and Verified Brokers

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Commission range Low, medium
Trading Portfolio CFD, Crypto, Energy, ETF, Fx
Regulation Fully regulated by several financial authorities
Trading Platform & Apps Mt4, Mt5, Webtrader, Android, IOS, Mac OS
Education Quality FAQ, Training class, Video, webinar
Category:

To help you find the best CFD brokers in 2021, we’ve reviewed hundreds of CFD trading platforms and evaluated their Portfolio, Fees, Trading Apps, research tools, Deposit & Withdrawal process, and more…
P.S. Reviews are written by experts | We are 100% Independent

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CFD.

Best CFD Brokers in 2021

Updated January, 2021

To help you find the best CFD brokers in 2021, our dedicated trading experts have reviewed over 130 CFD trading platforms and evaluated their Trading Portfolio, CFD offerings, Brokerage Fees, online trading Apps and software, research tools & Charting, Deposit Withdrawal process, Trading Account types, Quality of customer Support team, and many more.

Top CFD Trading Platforms in 2021

For Professionals & Beginners
AvaTrade Review
Deal
2 months ago

AvaTrade Review

AvaTrade is one of the best regulated low fees brokers that offers CFD & Forex trading platform to beginners and professional traders.
FXTM Review
Deal
2 months ago

FXTM Review

ForexTime or FXTM is a regulated online broker that offers great trading platform and allows you to follow other traders and focus on Copy Trading. ON the negative side, it charges high stock CFD fees. There are small fees for inactivity and withdrawal too.
FXCM Review
Deal
2 months ago

FXCM Review

ForexTime or FXTM is a regulated online broker that offers great trading platform and allows you to follow other traders and focus on Copy Trading. ON the negative side, it charges high stock CFD fees. There are small fees for inactivity and withdrawal too.
eToro Review
Sale
2 months ago

eToro Review

$200.00 $0.00
With about 1900 Stocks CFDs & 47 currency pairs, eToro is one of the best copy trading platforms for beginners and Pros. It is regulated in Australia, Cyprus, and UK financial authorities.
XTB Review
Deal
2 months ago

XTB Review

XTB is a stock-exchange listed broker with 15 years experience and charge low commission from 0.08%. The trading portfolio of XTB is mainly focused on Forex, CFD, Crypto, Real stocks, and Indices.
1.

The Low CFD Fees Broker for Beginners

Plus500

8Expert Score
Best CFD Brokers
Plus500 Review
Plus500 is a Regulated Contracts for Difference (CFDs) broker that offers low CFD fee and average non-trading fees brokerage service. With over 1800 Stock CFDs and 70 currency pairs Plus500 is one of the most popular CFD brokers in UK & Australia. It does not offer desktop trading platform but their CFDs share trading app is user-friendly.
Trading Platform
9
Commission
8
Research & Tools
7.5
Education
6.5
Investor Protection
9
Customer Support
8
PROS
  • Low CFD Fees
  • It offers Negative balance protection
  • Stock exchange Listed Broker, Well Regulated by Top Financial Authorities
  • Fast & Free withdrawal process
  • Modern Mobile Trading App
CONS
  • It does not offer fundamental data
  • Portfolio is limited mostly to CFD and Forex
  • It does not offer trading ideas
  • Education is limited to basic tutorials

$:

How much is Plus500 Trading Fees?

Plus500 Commissions, Spreads, etc.

We found Plus500 CFD fees competitive, when compared with  eToro and XTB fees. Plus500’s revenue model is Buy/Sell spreads, however, you can see charges from these 4 services on your dashboard.

  • Overnight Funding
  • Currency Conversion Fee
  • Guaranteed Stop Order
  • Inactivity fee

On the contrary, you won’t pay a fee for the following services:

  • Deposits
  • Live share CFD prices
  • Real-time forex quotes
  • Opening / closing trades
  • Dynamic charts & graphs
  • Rolling your position

In case you are interested in seeing the fees for S&P 500 CFD, Europe 50 CFD, EUR USD, we have listed it below. By the way these fees are built into spread.

✓ For S&P 500 CFD fee is 0.5 average spread – Low.
✓ For Europe 50 CFD fee is 2 average spread- Low.
✕ For EURUSD the fee is 0.7 pip average spread- Average.
✕ 
There is inactivity fee of $10 per month after 3 months – Average.

We have compared Plus500, XTB and eToro together and prepared their CFD fee comparison table below. It’s worth having a look.

Let’s have a look at CFD fees and compare it with eToro & XTB.

CFD FeesPlus500eToroXTB
S&P 500 index CFD fee$2.1$2.2$2.0
Europe 50 index CFD fee$1.3$2.7$2.2
Apple CFD fee$8.9$6.3$17.9
Vodafone CFD fee$7.6$20.9

P:

The Best CFD Products to Trade in 2021

What are the best CFD products to trade?

Even though Plus500 has a global presence and is very active in most countries, the firm’s portfolio and the offer are limited to CFDs.
You won’t be able to change the leverage level, This is a negative point. To trade Foreign currency, you can visit our best forex brokers list.

If security of your profile matters a lot to you, it’s easy to use a two-step authentication feature of Plus500. This increases your safety level.

Trading platform that Plus500 uses is not the usual MT4. It also does not offer a desktop trading platform. They recently added Windows 10 trader that can be downloaded from Microsoft Market’s official website.

On the other hand, Plus500 embraced Web trader and encourages online traders to use browsers or install Plus500 trading mobile app that works just fine on iPad, iPhone, and Android. Although it’s not based on desktop, the search functionality of both web trader and mobile apps are very smooth and strong.

It’s easy to place orders. In fact, you can place it with the following order types:

  • Market
  • Limit
  • Stop
  • Trailing stop

At a glance it looks like this:

R:

What Are The Best Regulated Brokers in UK?

Is Plus500 Scam or Regulated?

Plus500 is one of the most popular online brokers in the world. The brokerage company established its first office in Israel in 2008. In a short period, Plus500 managed to get publicly listed in London Stock Exchange and be known as a credible broker. It’s also regulated in the following financial markets:

  • Financial Conduct Authority (FCA) in the United Kingdom
  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)
  • FSCA of South Africa
  • FMA of New Zealand
  • Monetary Authority of Singapore
  • Israel, the Israel Securities Authority (ISA)
A:

What is the best broker for technical analysis?

Plus500 is not that strong in analysis.

Unlike its competitors eToro and AvaTrade who are innovating in forex and cfd markets, Plus500 research functionality is not premium.

Basics works fine, for instance, the charting feature is very handy.

The search functions are very user-friendly and designed with simplicity in mind.

As for Market research, This is one of good brokers, so you have access to features such as ‘Market sentiment’ that illustrates the long position and short positions of percentage of the clients.

Plus500 offers an economic calendar that covers the important events regularly. It looks like this:

T:

Best CFD Training For Beginners

What Broker offers premium training for traders?

Plus500 might not be the best CFD broker for beginners but it definitely offers exclusive advantages to professional traders with a proven record.

As for education and trading articles, we have created plenty of guides for the newbie to learn how to trade. Plus500 education is not that comprehensive and all they offer is a demo account and a trading guide.

C:

Conclusion: Plus500 Positives and Negatives

Is Plus500 good for Beginners?

After careful evaluation, we believe plus500 is among top-tier cfd brokers, especially because of its regulation, and safety, and low CFD fees.

The brokerage company is listed in London stock exchange and regulated in UK, Australia, Cyprus, South Africa, New Zealand, Singapore, Israel.

Overall, plus500’s trading fees on CFD are comparatively low.
As for withdrawal, you can withdraw for free up to five times a month. Once you exceed that limit, you will be charged a withdrawal fee.

The CFD account opening process is instant, automated and very smooth.
Just remember that plus500 might charge you $10 inactivity fees per 90 days of inactivity.

Educational materials are not extensive and does not offer that much of online trading training for beginners.

Due to the U.S. and Canada regulation, citizens of these 2 countries are not allowed to open cfd account with Plus500. Citizens of other countries are fine to go through the account opening. By the way, there is only one choice of accounts with Plus500.

Customer support is another important part. Overall, Plus500’s support team is responsive and help you via their live chat sessions. On the contrary, we had experienced delays when contacting them via email, which we think is not a positive point.
By the way, support is not limited to weekdays because they have established a 24/7 support mechanism that is a plus point.

Plus500 Review
Deal
2 months ago

Plus500 Review

Plus500 is a Regulated CFD broker that offers low CFD fees and average non-trading fees brokerage service. With over 1800 Stock CFDs and 70 currency pairs Plus500 is one of the most popular CFD brokers in UK & Australia.
2.

The Best Spread Betting Broker in UK

City Index

8.4Expert Score
Best CFD Brokers
City Index Pros & Cons
City Index is listed among top 10 low stock index fee brokers and since last year became one of best spread betting brokers. There is no minimum deposit to begin with and you will enjoy a commission free CFD trading on all CFDs, except Shares.
Trading Platform
8
Commission
8.5
Research & Tools
9
Education
9
Investor Protection
8
Customer Support
8
PROS
  • Low trading fee & free withdrawal
  • Top 9 base currencies
  • Very customizable charts & tools
  • Fully Regulated
CONS
  • Investment protection is only available in EU & Middle East
  • $12 per month inactivity fees
  • Web trading platform is not user-friendly

$:

How Much is Spread Betting Commission?

City Index Fees Structure

The fees that City Index charges you for S&P 500 CFD, Europe 50 CFD, and EUR USD are built into spreads:

✓ For S&P 500 CFD the fee is 0.6 average spread cost, which is considered to be low.
✓ For Europe 50 CFD the fee is 1.5 average spread cost,
 which is considered to be low.
✕ For EURUSD the fee is 1 pips average spread cost,
 which is considered to be Low.
✓ $12 per month after 12 months of inactivity
 is what City Index charges which is one of non trading fees.

When it comes to fees, our readers often ask “Is city index good for spread betting & CFD Trading?”.
Well, this is a broad question and really depends on what you trade and how to trade.

Having said that, since trading CFDs brings the risk of losing your capital, you might want to be able to change the leverage. The negative side here is that You CAN NOT change the leverage when trading with city index.

We thought it would be good to share a comparison of City Index CFD Fees side by side with IG, and Plus500.

CFD ScenarioCity IndexIGPlus500
S&P 500 index CFD fee$2.1$2.1$2.1
Europe 50 index CFD fee$1.6$1.6$1.3
Apple CFD fee$21.9$31.9$8.9
Vodafone CFD fee$25.7$25.7$7.6

S:

The Best CFD Trading Platform in 2021

City Index offers 4 types of trading platforms

City Index offers 4 types of trading platforms for beginners, intermediate and experienced users. They are all very user-friendly, neat and easy to navigate through.

City Index Trading platforms are:

In short, City index’s MT4 platform is not only available in 21 languages, it allows you to create Expert Advisors, and work with custom indicators and trading signals. The charting feature is strong and advanced.

Web trader that works on web has a limitation that does not let you to set up price alerts, but customising your environment, dashboard, and charts is a big plus that makes it exactly how you want it to be.

You are able to define stops & limits by price, points. It also gives you the power of advanced risk management.

Experienced traders and advanced users can use “AT Pro”. The entire platform is focused more on performance and analysis. Charts are meant for powerful analysis. You can use AT Pro indicatorsover 100 technical indicators and deal through charts.

Here is how the platform looks:

ECN:

The Best ECN Account for Beginners?

Should you open ECN or Standard account?

To know the trading portfolio and CFD offerings of city index, you must know what account type is good for you.

  • First, the Trader Account that requires no minimum deposit and has leverage up to 30:1
  • Second, The Premium Trader with the same leverage as the traders naccount. The difference is the minimum deposit of £10,000.
  • Last, Professional Trader Account with leverage of up to 400:1 and zero deposit requirement.
  • Tip: you can open a Professional Trading account by (request) only if you hold half a million Euro portfolio in the past year.

Since both Forex.com and city index belong to one master holding company and the sister company is a forex trading hub, City Index portfolio is designed more on offering CFDs and crypto. Overall, the main trading instruments are:

  • Stock Index CFD
  • Spread Betting
  • Other CFDs
R:

The Best Regulated Brokers in Europe.

City Index is Fully Regulates

City Index started offering brokerage services since 1983. The brokerage firm is part of “Gain Capital” and subsidiary of “StoneX group”, a NYSE listed company and sister company of forex.com. It is regulated by the following financial authorities:

  • (ASIC) in Australia also known as Australian Securities and Investments Commission
  • (MAS) in Singapore, Monetary Authority of Singapore

City Index’s investment protection is £85,000 for European and Middle East citizens.

R:

The Best CFD Brokers in Ireland

What Charting tools are essential for trading in Ireland?

News and Market Analysis is a regularly-updated part of city index website. It covers the majority of ideas from Covid-19 to U.S election and what is happening in China and the impact of these events on trading market.

As far as trading research goes, trading signals are becoming very important.to get the best out of market changes, and trading with City index enables you to receive an alert once a significant price movement (between 0.25% – 2%) is logged.

City index offer news feeds and economic calendar. Thanks to of MetaTrader 4, you can perform technical analysis with up to 65+ indicators.

E:

The Best CFD Training for Newbies.

City Index’s education quality is decent

As for education, apart from a lot of trading guides that you can find on our investment guide, City Index is definitely one of the best online brokers for beginners.

The educational materials that city index offers are in the forms of:

  • In depth Articles
  • Videos
  • Demo Account

Regardless of your trading experience, you have a series of educational videos, articles and a demo account at your disposal to master trading. Here is what you can expect:

W:

Is City Index Good For Beginners

Conclusion and Wrap-up.

Is city index a good online broker?

In comparison with the other alternatives to city index, a positive point is offering over 84 currency pairs and 4500 Stock CFDs, that way you can find your way to trade your preferred contract for difference.

When it comes to online trading, support becomes very important to online traders. City Index customer support team respond fast to phone calls.

The live chat sessions allow you to talk in English with a representative and solve your issues fast. it’s a 24/5 process, so they won’t be available during Weekends.

Research tools in City Index is great and their news feeds is premium. Besides, when it comes to education it covers everything and it’s pretty easy to understand. Remember that you can easily begin trading with zero minimum deposit

You can choose between 3 account types to begin trading with City index. Each has different commission and spread structure:

  • Trader Account: No minimum deposit
  • Premium Trader:  Min deposit of £10,000 and leverage up to 30:1
  • Professional Trader Account: Leverage of up to 400:1 and no min deposit.
City Index Review
Deal
2 months ago

City Index Review

City Index is listed among top 10 low stock index fee brokers and since last year became one of best spread betting brokers. There is no minimum deposit to begin with and you will enjoy a commission free CFD trading on all CFDs, except Shares.
3.

The Best Low Fees CFD Broker

XM

8Expert Score
Best CFD Brokers
XM Review
XM is among the best regulated low fee CFD brokers. It is regulated most countries and financial markets. Its trading platform is powered by MT4, MT5, and Trading signals are shared through MQL5. However, web traders has some drawbacks and lacks all necessary features. A big plus is their video educational repository, and indeed their low cost trading fees. The minimum deposit of $5. Trading Portfolio of XM is a negative point because not only its focus is more on FX, and CFDs , the stock trading options are limited to traders outside European countries.
Trading Platform
9
Commission
8
Research & Tools
8
Education
8
Investor Protection
8
Customer Support
8
PROS
  • Low CFD Fees
  • Provides Trading Ideas
  • Offers Negative balance protection
  • Well Regulated in Top-tier Financial Markets
CONS
  • It does not offer fundamental data
  • Portfolio is limited mostly to CFD and Forex
  • $5 inactivity charge applies after 12 month

$:

The Best Low CFD Fees Brokers For Beginners?

XM’s Fee Structure

To understand the fee structure you must know more about the revenue model of the broker. This is how XM makes money:

  • Fractional Pip Pricing
  • Fixed Spreads
  • Variable Spreads
  • Commissions

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.

✓ For S&P 500 CFD the fee is 0.7 average spread cost, which is considered to be low.
✓ For Europe 50 CFD the fee is 2.5 average spread cost, which is considered to be low.
✕ For EURUSD the fee has different structure: the fee is 1.7 average spread cost for standard and micro accounts
✓ 
XM Zero account commission is $3.5 for every $100K trades. Spread= 0.1 pips.
✓ There is $5 monthly inactivity fee after a quarter.

The default leverage for the following instruments is capped at 1:50:

  • EURDKK,
  • EURHKD,
  • GBPDKK,
  • USDDKK,
  • USDHKD,
  • USDCNH,
  • EURRUB
  • USDRUB.

In case you decided to opt for deposit bonus broker and promotions, this table illustrates the deposit bonus structure

Let’s have a look at Forex fees and compare it with XTB & eToro:

CFD ScenarioXMXTBeToro
S&P 500 index CFD fee$2.4$2.0$2.4
Europe 50 index CFD fee$2.4$2.2$2.7
Apple CFD fee$3.4$17.9$6.3
Vodafone CFD fee$5.6$20.9

MT4:

The Best MT4 CFD Brokers?

XM offers MT4 and MT5

Because XM platform is powered by MT4 & MT5,  you can use EA/Expert Advisors. Besides, it’s easy to customise your dashboard, charts, reports.

XM trading platform gives you Automation capability and access to the following technical indicators. (It’s not available to everyone, You must contact your Account manager though).

  • Analyser Indicator
  • ADX & PSAR Indicator
  • Bollinger Bands Indicator
  • Ichimoku Indicator
  • River Indicator
  • Ribbon Indicator

XM Group offers trading signal through MQL5. The advantage of using MT4 with XM is having smooth access to signals of MQL5 because these two platforms are developed by the same company.

D:

The Best Demo Accounts For Beginners?

XM provides demo account

XM offers trading instruments in forms of:

  • Forex Trading
  • Growth Stocks
  • Commodities
  • Equity Indices
  • Precious Metals
  • Energies

In fact to know what to trade with XM, you must first get a hang of the trading accounts and commission structure. Here is a break down of accounts:

Micro Account or Standard Account:

  • Pay zero commission – Spreads are higher.
    • Flexible to choose these base currencies: (USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR),
    • Your Minimum deposit is 5$.

Zero Account:

  • You pay commissions – Very low spreads.
  • Base currencies are: UDS, JPY, EUR.
  • The minimum deposit is $100.

XM Ultra Low Account:

  • Base currencies are: (EUR, USD, GBP, AUD, ZAR, SGD).
  • Low spreads – Zeroo commission.
  • The minimum deposit is $50.
E:

How Not To Get into CFD Scam?

XM is regulated by top tier financial authorities

XM is a top regulated CFD broker and part of XM group & Trading Point. The brokerage company is regulated in most financial markets such as:

  • United Kingdom: (FCA), Financial Conduct Authority.
  • Cyprus:   Securities and Exchange Commission (CySEC).
  • Australian Securities and Investment Commission (ASIC). It’s one of the best cfd brokers in Australia.
  • International Financial Services Commission (IFSC)

XM’s investor protection amount is up to €20,100 only if you are from EEA Countries

UK:

The Best CFD Platforms in UK

What Is The Best CFD Platform in UK?

When it comes to research, apart from trading tools and MQL5, XM offers the following services:

XM publishes the latest analysis of the market, and market analysis news.

You can find the market summary and trade ideas on different instrument.

A very comprehensive technical analysis of different major CFDs and FX CFDs is often published and discussed on their public platform.

In case you are looking for technical summaries, you can find something like this:

E:

The Best Broker to make money with CFD?

What CFD Broker offers online training?

XM economic calendar is publicly available and updated regularly. Additionally, you can utilise XM learning centre that offers education for both beginners and professional/experienced traders.

One interesting offering that XM has is educational rooms, that separates beginners from experienced cfd traders.

We also liked their webinars where the experts discuss different technical analysis approaches. It’s available in 18 Languages, and available throughout the week.

R:

Conclusion of XM Pros and Cons

Is XM expensive for CFD Trading?

XM is not only a regulated CFD broker, but also its fast & Free withdrawal process along with XM’s low CFD fees make it a competitor to the other online brokers.

As one of the top 10 best cfd broker in Australia, XM provides an easy-to-use trading platform, powered by MT4, MT5. If you are a fan of signals and trade with EA and Trading signals, you can utilise this features in MQL5 platform. We believe thjis could be a plus points for XM.

Web Traders can enjoy using their platform on different compatible browsers, however, it has some drawbacks and lacks some features such as alerts and notification.

A big plus point is their trading videos and trading educational repository, webinars, and news feed. Inexperienced CFD traders will learn a lot.
The economic calendar and market analysis is pretty up to date.

Obviously, XM’s low cfd trading fees along with a demo account that you can open in a matter of a second is a plus point.

We have analysed all account types in the review, and we think that the flexibility and structure is clear for traders of all category.

The minimum deposit is $5 for Micro account and Standard account.  In fact, not forcing you to deposit a couple of hundreds of dollars just to begin with is another reason to nominate it to be a good cfd broker for beginners too. Remember the deposit amount can go up to $100 for Zero account. It’s worth giving it a try.

XM Review
Deal
2 months ago

XM Review

XM is among the best low fees CFD brokers. It is regulated in most countries and financial markets. the trading platform is powered by MT4, MT5, and Trading signals are shared through MQL5.
4.

The Best Low Commission CFD Broker

XTB

8.5Expert Score
Best CFD Brokers
XTB Review
XTB is a stock-exchange listed broker with 15 years experience and charge low commission from 0.08%. The trading portfolio of XTB is mainly focused on Forex, CFD, Crypto, Real stocks, and Indices. They also offer ETFs to European customers. XTB Share CFD Trading offers are 1,500+ Global Stock CFDs including companies like Apple & Facebook. You can use 5:1 leverage and trade with a 20% deposit. They charge low commission from 0.08%. Another positive part of XTB is offering Negative Balance Protection.
Trading Platform
9
Commission
8
Research & Tools
8
Education
8
Investor Protection
9
Customer Support
9
PROS
  • Low CFD Trading Fees
  • XTB Provides Trading Ideas
  • Offers Negative balance protection
  • 70 indicators for Analysis
  • Listed in Stock Exchange
  • It charges low commission from 0.08%.
CONS
  • It does not offer guaranteed stop losses (GSLO).
  • Don't expect fast response time on Emails
  • XTB charges commissions for cryptocurrency trading
  • XTB also charges commissions for stock CFD transactions

$:

The Best No Commission CFD Broker

XTB’s Fee structure is very straight forward

Xtb brokerage services and its revenue stream is mostly through:

  • Spreads
  • Commissions
  • Swap

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.

✓ S&P 500 CFD fee is 0.6 average spread fee – This is low.
✓ Europe 50 CFD fee is 2.2 average spread – This is low.
✓ EUR USD fee is €3.5 /£2.5 /$4 per lot for Pro accounts – This is low.

✓ There is no inactivity fee which is also considered good.

You can use Pound and Euro accounts or cards to deposit fund into your account. Using other currencies might incur additional fees.

This table shows the XTB commissions:

Let’s have a look at Forex fees and compare it with eToro & IC markets.

Benchmark FeesXTBIGeToro
S&P 500 index CFD fee$2.0$2.1$2.4
Europe 50 index CFD fee$2.2$1.6$2.7
Apple CFD fee$17.9$31.9$6.3
Vodafone CFD fee$20.9$25.7

A:

The Best CFD Trading Apps for Beginners

WebTrader Vs MetaTrader

XTB offers all 3 trading platform types, mobile Apps trading, desktop trading software and web trader platforms. One of XTB’s trading platforms is powered by MetaTrader. MT4 has been the backbone of most online brokers.

Additionally, XTB has also built an in-house trading platform called “X Station”. XTB is not based on desktop, and is web based trading platform, so you are not limited to your device. Sadly, no automated trading capability is offered, so, algorithmic traders can only use MT4.

Of course, commissions and spreads matters the most to traders, but getting your hand on a good trading platform can make things easier.is a dream.

Beside being able to trade on your smartphone, the mobile trading app that works on your Android and IOS device offers great features such as alerts, push notifications or enhanced touch experience to trade by swiping right or left. 

You can also enable two-step login feature in your profile and receive a code whenever you or anyone logs in to the system.

?:

The Best CFD Products to Trade in 2021

What Is The Best CFD Products this month?

XTB has been in the industry for almost 15 years and offers the following CFD trading instruments:

  • FOREX
  • INDICES
  • COMMODITIES
  • STOCK CFDs
  • ETF CFDs
  • CRYPTO
GB:

The Best CFD Brokers in UK?

What Is The Best CFD brokers in Australia? [Regulated]

XTB is a stock exchange-listed CFD broker based in Poland. It that was established in 2002 and ever since has been regulated by the following regulation body, and authorities:

United Kingdom: (FCA), the Financial Conduct Authority.
Cyprus: Securities and Exchange Commission (CySEC).
Poland: (KNF) the Polish Financial Supervision Authority.
(GySEC)  the Cyprus Securities and Exchange Commission.
Belize: International Financial Services Commission of Belize (IFSC).

B:

Top CFD Research Tools for Beginners

Is XTB Offering good Research Tools?

The research capability of Xtb is decent.

You can easily find daily summary of financial market. These summary and posts are being published on XTB portal on a daily basis and covers good portion of events that impact traders.

  • With top movers feature, it’s easy to monitor which markets are currently the best gainers or worst losers.
  • With market sentiment you would compare the portion of sellers vs buyers of each market and instrument.

XTB offers one more useful tool called the ‘Heatmap,’ that visually shows the winners and losers.

Decent technical analysis tools are available in more than 20 language (if you use MetaTrader 4) and engages you with its user-friendly environment, nice interactive charts. The charts and charting tools is pretty good. It saves automatically and let you play around with around 70 indicators.

EU:

The Best CFD Brokers in Europe?

What Is The Best CFD Broker for European?

Xtb online trading is one of those brokers that matches newbie’s skill set. Meaning it offers one of the top cfd trading platforms for beginners who want to use trading guides, demo account and gradually trade online. You will get a demo account and sufficient balance to begin practising.

You can access Xtb’s trading academy and easily filter your training based on level or subject.

For instance, when you opt in for market analysis course you will learn:

  • How to find out the sentiment of traders: Market Sentiment shows you how traders are positioned in different financial markets
  • How to use stocks screener in xStation5
  • How to determine a trend with heatmaps

>:

Recommendation & Conclusion 

What is the best CFD broker this year?

After careful evaluation, we believe XTB is among the best low fees cfd brokers in 2021.

First, XTB is regulated and listed in stock exchange; that makes it reputable and safe. It is also regulated by several financial authorities.

From brokers fees perspective, Xtb stock index CFD fees are low. You can easily withdraw your money for free. On the negative side, XTB’s stock CFD fees are relatively higher than their FX fees.

A side note; the broker’s trading portfolio and offers are limited to Indices, Currency trading, and CFDs

Opening trading account with Xtb online trading is more than easy and you can get your account approved in one to three days. However, GSLOs or  guaranteed stop losses that protect you from market gap risks is not offered by Xtb.the best

XTB Review
Deal
2 months ago

XTB Review

XTB is a stock-exchange listed broker with 15 years experience and charge low commission from 0.08%. The trading portfolio of XTB is mainly focused on Forex, CFD, Crypto, Real stocks, and Indices.
Tip:

How to find the best CFD Brokers?

What Is The Best CFD Trading Platform in Australia?
 

One of the most important factors that concerns both beginners and professional traders is brokerage fees. That includes “Trading Fees” & “Non-Trading Fees”. The second priorities are trading instruments & financial products, withdrawal fees, fx trading platformresearch tools, education, and investor protection that comes after.

Before we share the top fore brokers of the year, let’s have a look at the characteristics of the best forex brokers in today’s forex market.

When it comes to Forex Trading, finding the best forex brokers in 2021 can be really difficult, especially after the financial impact of Covid-19 on literally everyone’s life, many decided to make money with trading foreign currency.

That’s where the forex scams and unregulated brokers caused a lot of pain. So, What broker should you choose?

If you are a beginner, be cautious when trading FX because the instruments are risky & you might lose your capital. In fact if you’re not ready you can start reading our trading blog and open a demo account in one of the top forex brokers to practice.

If you’re an experienced trader, then you go ahead and review the factors below and switch from your broker to the best brokers, or open a new live trading account.

5.

IG Markets

IG Markets, The Most Popular Broker

8.5Expert Score
Best CFD Brokers
IG Review
IG Markets is a regulated online broker that offers Spread betting and CFD in UK, FX & CFD in Australia, and Forex in the USA. IG Forex fees are low and very reasonable but their Stock CFD fees are high; You might also be charged inactivity fees. Educational materials are great for beginners and Charting and reports matches Professional traders expectation.
Trading Platform
8
Commission
8
Research & Tools
9
Education
8
Investor Protection
9
Customer Support
9
PROS
  • 17,000 Markets & 95 Currency Pairs
  • Low spreads from 0.8 pips on EUR/USD & USD/JPY
  • No Fee Deposit & Withdrawal
  • 70 indicators for Analysis
  • Well Regulated in Top-tier Financial Markets
CONS
  • IG might charge you inactivity fees
  • Stock CFD fees are high
  • Portfolio may vary from country to country

$:

The Best Low Fees Broker in The UK

How much commission doe IG charge traders in. the UK?

Not all CFD brokers have the same business model, and they how do cfd brokers make money can vary from region to region. When it comes to IG markets, these are different fees that you might incur:

  • Spreads or Commissions
  • Share CFD commission
  • FX conversion
  • Guaranteed stop premium
  • Margin
  • Slippage
  • Volume-based rebates
  • Overnight fees
  • Inactivity fees
  • hedging strategies*

If playing around with leverage matters to you, you should know that you  Can Not change the default leverage.

IG’s fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread:

✓ For S&P 500 CFD the fee is 0.6 average spread.
✓ For Europe 50 CFD the fee is 1.5 average spread fee.
✕ For EURUSD the fee is €0.7 for each lot for PRO accounts, which is also low.
✕ There is inactivity fee of $12 per month after 2 years.

Let’s have a look at IG Forex fees and compare it IG Alternatives, with XTB Fees & eToro fees.

CFD ScenarioIGXTBeToro
S&P 500 index CFD fee$2.1$2.0$2.4
Europe 50 index CFD fee$1.6$2.2$2.7
Apple CFD fee$31.9$17.9$6.3
Vodafone CFD fee$25.7$20.9

A:

The Best Broker for Algorithm Trading?

Does IG Offer EA and Algorithm Trading?

Besides, UK, and Australia, Ireland is where IG operates legally, and Since IG uses MetaTrader 4, you can build your algorithm on a secure automated trading platform And easily work with your EA strategies in more than 57 forex markets.

IG is also good for managing risks, especially when their platform gives you features to set up price change alerts.

As soon as you create your “instant buy and sell price alert” which needs to be done once only, you’ll receive free notifications either via SMS, e-mail or push notification on your smartphone. Here is a sneak preview

Their Charts are standard and the common MT4 charts that you get but since it’s connected to IG portfolio you can easily conduct search and find CFD instruments. Regular News is also available.

Finally, mobile trading is where IG platform works on iPhone trading app or Android trading app, Obviously, because meta trader supports many languages, you can change the dashboard to your preferred language

R:

The Best Robo Advisor in UK

How much is IG’s Investment Protection

IG is regulated in different regions:

  • Europe:
    (FCA): Financial Conduct Authority in the UK.
    Federal Financial Supervisory Authority (BaFin) in Europe.
    Swiss Financial Market Supervisory Authority (FINMA).
  • Oceania:
    Australian Securities and Investment Commission (ASIC).
    Singapore Monetary Authority of Singapore (MAS).
    Japanese Financial Services Authority (FSA).
    Financial Markets Authority (FMA) of New Zealand.
  • Middle East:
    South Africa & Dubai (Financial Services Authority (DFSA)
    (FSCA), Financial Sector Conduct Authority)

The amount of investor protection is £85,000 for UK residents, Swiss 100,000 CHF, and €20,000 for Europe,

F.D:

The Best Trading Signals for Beginners

What Is The Best CFD Trading Platform in Australia?

When we evaluated IG research tools, these highlights came up:

  • News Feed
  • Charting
  • Trading Ideas
  • Technical Analysis

Good news is that you have plenty of technical analysis and latest research at your disposal when trading CFD with IG.

‘Market sentiment’ is also available in IG. AS you know it tracks the long and short positions of traders and clients, so you can have an idea about what happens in the market.

The other tool that IG offers to market researchers is ‘Heatmap,’ that visually draw the hotspots, and shows the winners and loser traders.

Trading ideas won’t be possible without technical analysis tools, and good thing here is that you can conduct your analysis in a user-friendly environment.

T.I:

The Best Trading Ideas for Beginners

What Is The Best trading ideas for Australian traders?

If you are a beginner and looking for a lot of trading videos and articles to learn how to trade, you should pay a visit to our forex trading blog.

IG offers a handful of resources and good repository of videos, trading materials, and guides through it’s trading academy for Basic, Intermediate, Expert, and Premium traders. If you are keen to compare online brokers you should try them side by side.

  • A demo account that is created instantly
  • Series of tutorial videos on how to use the trading platform
  • FINANCE 1-0-1
  • LIVE Webinars
  • Q&A sessions

We liked their live sessions, in fact, having Access to their webinars is another advantage if you need to clarify your questions with IG representatives.

IG:

The Conclusion of IG Markets’ Review

Is IG safe for New Traders?

We discussed a lot about IG markets pros & cons in this IG review, yet overall IG is considered to be a safe brokerage company as it is regulated in most financial markets.

IG Trading platform is designed for both professional and beginners to customise its UI or utilise the technical analysis and other research tools. IG accepts traders from the majority of countries.

IG FX fees are low and very reasonable. On the contrary, the Stock CFD fees that you will pay are high; You might also be charged inactivity fees.

Just like AvaTrade, and FXCM CFDs, IG offers a vast variety of trading instruments such as 95 Currency pairs, 68 Stock index CFDs, more than 10k Stock CFDs, and about 1900 ETF CFDs and has of the best trading portfolio in CFD and forex market,

When it comes to online trading, customer support becomes very important to all traders. We have tested their response time and seems like IG offers top-notch support, as the team respond fast even in high seasons.

IG Markets Review
Deal
2 months ago

IG Markets Review

IG Markets is a regulated online broker that offers Spread betting and CFD in UK, FX & CFD in Australia, and Forex in the USA. IG Forex fees are low and very reasonable but their Stock CFD fees are high.

The top CFD broker list that is presented above is the result of hundreds of hours of fact checking, and practically evaluating the brokerage companies, and their services.

Using our methodology, our team have prepared the list of top regulated CFD brokers in Canada, Australia, and the UK.

Our editorial team has also included general advice on regulations, trading fees, and literally everything you need to know about them. We have done the research work for you, so you can focus more on CFD trading.

We all have experienced, or have seen the impact of Covid-19 on the financial market. Interestingly, many people decided to give trading a shot and make money with trading CFDs.

Well, trading CFD is risky and you might lose your money, so we thought before you get into one of CFD scams or open account with an unregulated broker, you should know a few things about them, and have access to the best CFD list.

As For Beginners, we have prepared plenty of step-by-step guides that help you get started with online trading and open your demo account on the best cfd brokers for beginners. In fact, since the risk of trading CFD is high we encourage you to be extra careful, and don’t attempt to trade big if you are not that ready. Perhaps, reading our trading blog and opening a demo account in one of the top CFD brokerage platforms for beginners is a good place to start.

As an experienced trader, you can review the critical factors and compare the best CFD brokers listed below or open a new live trading account with a regulated broker.

By the way, most CFD trading platforms are multilingual and available in the following languages:

أفضل وسطاء العملات الأجنبية in Arabic Bulgarian Chinese Croatian Czech Danish Dutch, Estonian Finnish French besten CFD broker in German Greek Hebrew Hindi Hungarian broker cfd terbaik in Indonesian migliori broker cfd in Italian Japanese Korean Latvian Lithuanian Malay Mongolian Persian Polish melhores corretoras de forex Portuguese in brazil Romanian Russian Serbian Slovak Slovenian Spanish bästa cfd-mäklare i Sverige in Swedish Tajik Thai Traditional Chinese Turkish Ukrainian Uzbek Vietnamese.

Best CFD Brokers
Best CFD Brokers