The Best Online CFD Trading Platforms Discussed

CFD stands for Contract for Difference. It is a means by which a trader buys and sells the difference in the prices of an asset. There is a strong similarity between CFD and spread betting. CFD is referred to as a leveraged instrument since the trader can take advantage of leverage to boost the size of their positions with a very small amount of money. You can also make money when you buy or sell an asset in CFD trading, making it unique and better than other forms of trading. The trader will never have to own any asset before making money from it.
cfd trading
There are lots of money-making opportunities in CFD trading. However, you should never see it as a get-rich-quick scheme since it is not. Many of those advertising CFD products hype the idea, making many traders see it as a get-rich-quick scheme, but it is mere deception. It can help you to make money, but also full of risks that may cause you to lose money.

You can reduce the risk you have to face in CFD trading by only registering with the best CFD trading platforms. Aside from choosing a good platform for your CFD trading, you must also be ready to learn since the CFD market is highly dynamic.

List of The Best CFD Trading Platforms

Broker
Rating
Regulated
Min. Deposit
Bonus
Max. Leverage
1.
easyMarkets

CySec, ASIC, BVI

Min $100 Deposit

Up to 50% With Sign-up

1:30

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
2.
FXCC

CySEC, FCA

Min $100 Deposit

100% First Deposit

1:500

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
3.
HYCM

CySEC, FCA, CIMA, FSC, DFSA

Min $100 Deposit

10% Credit Bonus

500:1

4.
Fusion Markets

ASIC, VFSC

Min $100 Deposit

-

500:1

Review » Open Account » Open Account
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% 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.
5.
Plus500

ASIC, FMA, FCSA, FCA, CySEC, MAS, FSA

$100

€25 No Deposit Bonus

1:30

6.
Blackbull Markets

ASIC, VFSC

Min $100 Deposit

-

500:1

Review » Open Account » Open Account
Terms & conditions apply
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
7.
LegacyFX

CySEC, VFSC, NBRB, FCA

Min $250 Deposit

-

1:200

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
8.
Vantage FX

FCA, ASIC, CIMA, SIBL

Min $200 Deposit

Up to 50% Bonus

500:1

Review » Open Account » Open Account
Terms & conditions apply
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
9.
Eightcap

ASIC, VFSC

Min $100 Deposit

$30 No Deposit Bonus

500:1

Review » Open Account » Open Account
Terms & conditions apply
Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment).
10.
Forex.com

FCA, IIROC, JFSA, NFA, CIMA, FSA, ASIC, CFTC

$100

Up to $5000 Welcome Bonus

50:1

Review » Open Account » Open Account
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

The Top CFD Providers Reviewed

In the next section of this write-up, we will show you some of the best CFD trading platforms where you can register and start exploring the CFD trading world from the comfort of your home or on the go.

XTB

This is an outstanding CFD trading platform and it also welcomes CFD traders from across the globe. The platform has its headquarters in Warsaw and London. The company started in 2002 and its popularity has gone wide. It is regulated by the Financial Conduct Authority (FCA), UK’s regulatory agency. The platform is equally listed on the Warsaw Stock Exchange

XTB Logo

Min Deposit: N/A

Regulated By: FCA, CySEC, CNMV, KNF, IFSC

Foundation Year: 2002

Headquarters: Poland


Terms & conditions apply
77 % 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.
Features:

  • The site offers 57 currency pairs to the traders
  • You can also access 36 stock index CFDs on the site
  • The number of stock CFDs available is 1,900
  • The available markets are Forex, ETFs, Stocks, and Crypto, you cannot access funds, bonds, options, and futures here

Pros:

  • The trader can access free ETFs and stocks up to 100,000 euros per month in volume.
  • The fees are also low on the stock index and Forex, making trading here affordable
  • The traders can withdraw their profits via several means and withdrawal is also free

Cons:

  • The trader will have to pay an inactivity fee

Capital.com

This is one of the best CFD trading platforms you can ever find around today. The platform started operations in 2016 with its headquarters in the United Kingdom. It is also regulated by the FCA. Aside from the United Kingdom, Capital.com equally has a presence in Gibraltar, Seychelles, Australia, and Cyprus. The platform is equally regulated by the CySEC and the Financial Services Authority of Seychelles and the Australian Securities and Investments Commission (ASIC).

Capital.com Logo

Min $20 Deposit

Regulated By: FCA, CySEC

Foundation Year: 2006

Headquarters: England, United Kningdom


Terms & conditions apply
Your capital is at risk. 78.77% of retail investors lose money trading CFDs at this site.
Features:

  • Traders can access 138 currency pairs, 30 stock index CFD, 3,600 stock CFDs, 100 ETF CDFs, 33 commodities and 207 cryptos.
  • Available markets are stocks, ETFs, Forex, and crypto
  • There is no account fee or inactivity fee
  • The withdrawal fee is also $0.

Pros:

  • The fees on Forex CFD on this platform are very low
  • You will not have to pay an inactivity fee or withdrawal fee
  • The spread is tight and commission is free.

Cons:

  • Stock index CFD fee is very high

ActivTrades

You will never regret registering on this trading platform since it is among the best around. The trading platform is one of the best CFD trading platforms considering the many offers available to its registered traders. ActivTrades was established in 2001 and regulated by the Financial Conduct Authority (FCA), as well as the Commission de Surveillance du Secteur Financier (CSSF). It is a safe platform for online trading and customers’ details are well protected.
ActivTrades Logo
Features:

  • Traders will not have to pay account fees but will have to pay an inactivity fee
  • The withdrawal fee is $0
  • The platform offers 49 currency pairs, 27 stock index CFDs, 660 stocks CFDs, 500 ETF CFDs, 38 commodity CFDs and 5 Bonds
  • The site supports Forex trading

Pros:

  • The trading fee is very low
  • There is no withdrawal fee to worry about

Cons:

  • The trader will have to pay an inactivity fee for leaving their accounts inactive for a long time.

Spreadex

This CFD trading platform started operation in 1999 and is undoubtedly one of the leaders in the industry. It is regulated by the Financial Conduct Authority (FCA) in the UK, making it one of the best CFD trading platforms available. Aside from CFD trading, the platform also operates a sports betting service. It is a safe platform for CFD trading thanks to its reliable regulation.
Spreadex logo
Features:

  • Fees to be paid on Forex and stock CFD trading are low
  • You will also not have to worry about inactivity fees
  • Account opening is 100% free and the withdrawal fee is $0.
  • The trader can trade spread betting, CFDs, and Forex on this platform, but there is no access to bonds, ETFs, or real stocks.

Pros:

  • The cost of trading Forex is very low
  • There is no inactivity fee

Cons:

  • Only a few assets are provided; the platform does not offer real stocks, ETFs, or bonds.

Conclusion

If you want to enjoy CFD trading online today, you should consider registering on any of the platforms above and it will do you a world of good. The platforms discussed above are among the best CFD trading platforms you can find around, but they still have certain limitations that you must take note of.

Check the assets they offer before you register on any of them. Only register with them if they offer the particular asset you are interested in. Do not also forget to check their pros and cons before you start trading on any of them. The issue of fees and minimum initial deposit is also very important when choosing a CFD trading platform just for you.