Top Online CFD Brokers 2019
Compare the Best CFD Trading brokers platforms for CFD trading.
Choose the best CFD broker in 2019, our team did the best research for you to choose the CFD broker. We tested in-depth many quality online brokers. Choose the best CFD Brokers
- Trade with CopyTrader™
- 5 Million+ Registered Traders
- Only cryptocurrencies available for eToro LLC US
- Award Winning Broker
- Advanced Charting Tools
- Superior Customer Service
- Reduced Spreads
- Advanced MT4
- FCA Regulated
- Award Winning Broker
- Advanced Charting Tools
- Trade1500+ Global Markets
- Trade FX as Spread , CFDs & FX on MT4
- Award Winning Platforms
- Major, Minor & Exotics
- No Exchange Fees
- Tax-Free Spread-Betting
- No Commission
- FCA Regulated
- 200+ Assets to Trade
- 24/7 Customer Service
- Trade all FX & CFD s
- Advanced Charting
- One Click Trading
- No Exchange Fees
- User-Friendly Platform
- No Commission
* Please note that individual Brokers T&Cs Apply Risk Warning: Trading Forex (FX), Commodities, Options, and CFDs are a high-risk activity and you may lose more than your initial deposit. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: Top10tradingplatforms.com is an independent comparison website funded from the referral fees and commissions from the sites that it promotes. Top10tradingplatforms.com receives compensation from the brands and brokers sites and advertisements its features. Top10tradingplatforms.com is not able to display and feature information about all the available broker sites or broker site offers.
What is CFD means?
The term CFD stands for “Contracts for Differences” (CFD’). The CFD Contract is between two parties “a buyer and a seller”,
A contract for difference (CFD) is basically a financial contract between an investor and a commercial bank, or an online spread betting company. Both parties pay the difference between the opening and closing prices of a specific financial instrument the contract was created which includes shares and commodities.
Example: Understanding CFD Loses and Gains
Just Imagine Mark is a CFD trader. He’s been speculating on oil prices. Since oil prices are highly volatile nature, Mark understands the risks involved in opening a position in such a commodity.
Mark is confident that the oil prices will rise by a margin of 12% per barrel in the next year. Let’s say for the argument shake the current oil price is $50/barrel. Mark thinks the closing oil price at the year-end will be $56. So, he buys 25,000 units from the CFD broker. Mark calculate that his investment will grow to (25,000 units * $56) $1.4 million, which make making him (25,000 units * $56 – 25,000 * $50 or $1.4 million – $1,2 million) $200,000.
Unfortunately, the oil market dropped, and the oil prices start dropping. Mark decides to close the contract at $48 per barrel. In this case, Mark will only lose (25,000 units * $50 – 25,000 units * $48 or $1.25 million – $1,2 million) $50,000.
What the Top list for Contracts For Differences (CFD’s)
Here is the list which includes the CFD financial instrument
- Share CFDs
CFD’s on Stocks – The trading platforms give Institute traders with over 35,000 CFD’s on stocks worldwide. Most of the regions are covered includes the United States, European Union, United Kingdom, Asia, Eurozone and most Emerging and even Frontier Markets.
CFD’s on Indices – The trading platforms enable traders with CFD’s on over 40 indices globally. The regions covered include the United Kingdom, United States, European Union, Eurozone, Asia and most Emerging and even Frontier Markets.
CFD’s on FOREX – The CFD online trading platforms which provide all Institute traders with CFD’s on over 160 FOREX pairs globally.
CFD’s on Commodities – The trading platforms have over 40 CFD’s on major commodities covering all major commodities exchanges worldwide. Contracts can be traded in the term of the underlying “on exchange” futures contracts and rolled at the end of the term of the underlying futures contract, or can be traded as “Rolling Contracts” which mirror the price of the underlying futures contracts excluding the “Time Value of Money.” Commodities can also be traded on CFD derived from underlying ETC’s (Exchange Traded Commodities) and ETF’s (Exchange Traded Funds). The platform provides access to over 1,000 CFD’s on ETC’s and ETF’s. The choice is vast!
CFD’s on Industry Sectors – Institute traders can also get access to a multitude of CFD’s that mirror the underlying price of Industry sectors across major stock markets. These can be traded on CFD derived from underlying ETF’s. For example, if you are looking to go long the U.S. Homebuilding Sector (XAB US), the platform provides a CFD that mirrors the underlying ETF price one for one. If you want to short the Eurostoxx 600 Pan European Banks Sector (SX7P), the platform provides a CFD on this ETF as well. There are over 1,000 CFD’s that track the price of underlying ETF’s covering Industry sectors. The possibilities are almost endless!
CFD’s on Bonds and Rates – The CFD trading platform gives also the Institute traders access to a multitude of Fixed Income CFD’s that can be traded to take advantage of rising and falling Sovereign Bond yields and Bond Prices, almost, across the United States, Europe, and Asia. Multiple CFD’s on ETF’s can also be traded that mirror the price of underlying Bond Prices and Yields. There are several hundred of these instruments available on the platform.
Physical Stocks / Shares – If you already purchased or hold Physical Bonds, then similar to Shares or Stocks, these positions can be transferred into your trading account to be used as collateral too. Our brokers also recognize Physical Bond positions as “currency.” You can also trade physical Bonds using the trading platform.
How to Choose the Best Online Broker for CFD Trading
There are hundreds of CFD brokers are in the online trading industry furthermore it’s difficult to choose the best cfdbroker from many brokers to choose from, iso, its best to do some research before you decide to narrow down to one specific cfd broker. You have to keep in mind that your trading requirements as a CFD trader may change once you become a more confident and advanced cfd trader, however, as a new cfd trader we have created to help you to choose the one broker from many.
So, the next obvious question comes to the mind that who is the best cfd broker out there and how to decide which broker to select.
Why CFD Brokers Regulation is important
In the financial trading, every country has a regulatory body to regulate the financial industry trading, such as the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, The Markets in Financial Instruments Directive (MiFID) in EU states, ASIC – Australian Securities and Investments Commission. This governing body creates regulations, policies, rules for services and programs to help Moreover to protect and maintain the investor’s confidence and the integrity of the financial trading market, traders, investors and the brokers themselves. They help members meet legislative responsibilities, and because of potential safety concerns with regards to the deposit, you will want to be sure that your accounts are with a regulated trading firm.
CFD Brokers Tradable Assets
In the world of professional trading, we know that the most important thing is NOT how the platform looks and feels. When you start the process of selecting the best CFD Broker and it’s possible just to concentrate on CFDs to start with. First of all, the most important point to a professional trader is deciding what to buy when to buy and sell and why to sell. No trading platform can do this for you. However, one should always keep in mind that there are many types of investment alternatives options offered as well, such as Commodities, Currencies, Forex (FX), Stocks, ETFs, or trading in futures or Binary Options.
Watch the video below to learn about the fundamental distinctions between CFD trading and forex trading.
CFD Brokers Customer Support
In the current age of digitalisation, Online trading goes for non-stop 24 hrs a day. So traders want to make sure that customer support is available at their fingertips whenever they want it. Particularly for beginners who just started CFD trading So it’s best to have local phone support rather than waiting to receive answers via email. so do check out the customer service center to see what type of customer service they are providing, by doing a simple test by giving them a quick call. Take note of the time required to receive the help you need and look into the representative’s ability to respond with the
So do check out the customer service center to see what type of customer service they are providing, by doing a simple test by giving them a quick call. Take note of the time required to receive the help you need. And look into the representative’s ability to respond with the relevant answer to your questions especially about the various features and trading basics.
Best CFD Trading Platforms Account Options
An ideal CFD broker should offer you either multiple account options or they should have the option to customise accounts based on your needs. Try looking for an online Brokerage that offers competitive spreads and has easy and straightforward deposits/withdrawals.
A CFD trading broker should be able to provide you with the much as, the necessary information with regards to the interest charged on leverage. Even though the interest rates do not change drastically between brokers. So, furthermore, you may want to check out what they offer with regards to interest.
CFD Trading Platform Type
There are different online CFD trading platform types and choosing the best trading platform depends on what your trading needs are. Therefore, you want to see what each CFD trading broker offers. probably, If you do most of your trading on the go. And you will want to make sure that the platform has a mobile option.
What are the Difference between CFDs and Forex
The main differences between CFD trading and Forex trading are that Forex trading offers pure currency trading only, while CFDs offer a broader range of markets to trade including indices, stocks, and forex. CFD trading involves different types of contracts covering a diverse set of markets, such as indices, energy, and metals, whereas Forex offers pure currency trading. When you trade CFDs, you have the opportunity to select different contracts that vary in increment value and currency type, depending on the country in which the underlying asset originates. So, Forex trading is about trading one currency against another currency and always involves trading in uniform lot sizes.
How does CFD trading work?
The contract for difference (CFD) is a financial arrangement in which financial trades take place without ownership of the asset changing hands or ownership. As traditional share or stock dealing, the CFD prices are quoted as a Bid and Offer (which you can buy at the price). therefore, CFDs are traded on margin (also known as leverage), and which means that to open a position you need to deposit a small fraction of the full value of your trade, known as initial margin. Hence, the initial margin required varies across different markets though would typically be between 10%-25% for an equity CFD trade and between 2%-5% for an index or currency trade.
CFD trading, therefore, offers the possibility of a much better return on your initial investment. Conversely, potential losses are also amplified and if the price of the underlying asset goes the wrong way, so, you stand to make a larger proportionate loss than if you owned the asset directly.
Most CFD brokers provide both the MetaTrader 4 and cTrader platforms. MetaTrader 4 (MT4) is the most popular and most widely used platform. and cTrader, provided by Spotware, is also very good and comes with many built-in features. So most of them has quite similar products.
Watch the video to know what is stock and CFD’s are
CFD Trading Tools
Rather than watching your trades constantly, you can use CFD trading tools to help you manage your trades, for example:
Stop loss: To avoid a big loss, set a value for your position to close so your losses are only as much as you are prepared to lose.
Limit order: This closes your position once your trade reaches a certain value that reflects the amount of profit you are happy to take.
Conclusion – CFD Brokers
Almost, all other brokers in the trading business, CFD brokers are here to make a profit, too. So, in the end, as we all know there are many CFD brokers out there. And there is always something similar between all cfd brokers. As well as different when we discuss specific kinds of broker features. So, if you’re looking for a way to trade, we sincerely recommend going with CFDs rather than binary options.
Most of all of the cfdbrokers possess many as their unique features and they can each potentially grant you an unsurpassed experience. So, We hope that you have discovered something new and gained the confidence to choose the best CFD brokers. consequently, it will best to try the demo account to start with. So good luck.
Disclaimer: Trading Contracts for Difference carry risk where you can lose more than what you start with.
What is the best CFD trading platform 2019?
- XTB Broker is the best CFD broker for 2019. Overall Good
- eToro is just behind XTB, with the best social copy trading platform.
- IG is number three. IG has a great trading platform both Mobile and desktop
- Plus500 is number four has good trading fees overall and has a great mobile platform.
- Markets.com is on number 5, with its great marketing research tools.
The world of foreign Forex trading can be a hard place to be. A lot of fx traders don’t fully understand the challenges, issues and for that reason.
Those who are interested in a forex trading career you need to understand a different kind of fx brokers; starting with CFD and forex brokers before you start thing to choose one or another.
That is incorrect and isn’t anywhere near close to being the truth when it comes to FX trading. The fact both run on precisely the exact same platform may leave you wondering what the difference is. That being said, however, transactions are only likely to charge you the true spread, whereas different types of trading tend to be very different because they cost you additional commission and other small fees to drive your price up through the roof. Since are CFD FX brokers forex is a bit nicer to you. Thus, with this in mind, what is the major difference between a CFD broker and a regular’ one and do you want to pay attention?
How do CFD brokers make money?
it’s important to understand how a CFD broker earns money. The broker gets paid commission on the trading volume of their clients, as it receives a commission on all trades, and/or a markup on the spread (the difference between the buying and the selling price). Most of the time, these spreads are variable spreads, which fluctuate depending on the market conditions.
A Dealing Desk CFD broker usually gets money from spreads, as well as client losses. Spreads offered by market makers are usually fixed spreads.
The most important thing for a No Dealing Desk broker to provide is the best trading conditions for their clients – that way, their clients are more successful, they trade more, and everybody earns more money. It is for this reason that most traders prefer to use an ECN or STP broker, as they find them more reliable and profitable.
As a market maker broker earns money from their traders losing money, it is often seen as less transparent, as they have the ability (and motivation) to manipulate prices. Revenue is usually higher for a Market Maker than for an ECN/STP broker, given the same trading volumes.