Interactive Brokers – Which Are the Best CFD Brokers?


Written By: Ehsan Jahandarpour

best cfds interactive brokers

Investing in CFDs is a lucrative and incredibly popular way to invest in the financial markets, and it is possible to find regulated CFD brokers in a variety of countries. Interactive Brokers is one such broker, which offers a range of products and an easy-to-use trading platform. However, it is not available to residents of certain offshore jurisdictions. Whether this is an issue for you depends on your personal preference.

Plus500

Plus500 claims to have over 330,000 active customers, and the platform is extremely transparent. It also does not charge a commission or deposit fee on transactions, so there are no hidden costs. Instead, you’ll only pay the bid/ask spread. And you don’t have to wait until the market is active to open and close your position.

Plus500 is available in over 50 countries, with support available in a number of languages. Their platform is easy to use and offers over 2,000 CDFs. They are regulated by various bodies, including the London Stock Exchange, and have been operating since 2008. This ensures they meet strict regulatory requirements.

Plus500 offers a number of investment types, including Forex and stocks. They also offer a variety of different leverage levels. You can leverage up to 1:30 in Forex, up to 1:20 in stocks and ETFs, and up to 1:2 for cryptocurrencies. If you want to try the platform out before committing to an account, you can start with a standard account and deposit as little as $100.

XTB SA

If you are an experienced trader, you may be wondering whether XTB SA is the right choice for you. This broker offers several benefits to retail investors, including negative balance protection and a 24/5 live chat facility. They also offer a range of free educational resources, including live webinars. In addition, they have a Trading Academy, where you can learn all about trading.

As a global Forex and CFD broker, XTB is a highly regarded and award-winning broker. The company has offices in 13 countries and a website available in 16 languages. XTB is regulated by the Financial Conduct Authority and the Polish Financial Supervision Authority. The company offers over 4000 trading instruments and a range of trading platforms. They also offer a bonus scheme for non-European traders.

XTB offers email support, phone support, and live chat assistance. The company also has a dedicated account manager for all its clients. You can choose between a standard or a Pro account to trade a range of CFD products. You can also choose to use the company’s negative balance protection feature and automated trading. The minimum spread is 0.35 pips and maximum leverage is 30:1.

eToro

eToro is an established online trading company that offers an effective and secure crypto trading platform. The company has been storing investor funds in cold storage for over a decade and works with cybersecurity firm GK8 to ensure the security of user funds. eToro also encourages the use of two-factor authentication (two-FA) to increase security.

eToro offers a wide range of asset types, including CFDs, ETFs and real stocks. It also offers tools for beginners and experts, including adaptable leverage and stop-loss and take-profit orders. There are also social networking features, such as eToro communities that can help new traders get started. Users should be aware that leverage can result in additional fees if the position is not closed prior to market close.

eToro has many positive features, such as social trading capabilities, but it also lacks some of the more sophisticated tools that more advanced brokers provide. The company is headquartered in Israel and is regulated in several countries. It is also a publicly-traded company, so it must adhere to additional regulations. Traders should be aware that eToro is only available to individuals who are resident in certain jurisdictions.

Interactive Brokers

Traders interested in CFDs have many options when it comes to where to make their trades. The best CFD brokers offer a range of investment options, including a large selection of tradable assets, real-time data from 14 major forex-dealing banks, and transparent low commissions. The best CFD brokers are also able to offer a variety of tools to traders, including the FXTrader platform.

Interactive Brokers has a powerful trading platform and an extensive research library. With 125 markets covered, this global entity offers the tools that savvy traders need to make informed decisions and maximize their profits. With headquarters located in Connecticut, Interactive Brokers’ products include a desktop app, mobile platform, and web portal. The company also offers a range of tools for professional traders, including real-time trade alerts, a range of tools for back-testing, and an institutional-grade portfolio analysis.

Interactive Brokers is one of the most trusted CFD brokers, and is regulated by the US Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE). The company is also part of FINRA, SIPC, and the SEC.

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