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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Compare Forex and CFD Brokers

There are a lot of CFD and forex brokers. Some of them offer a free demo account which allows you to test the trading platform before opening a real account. Choosing a suitable broker or comparing brokers isn't always easy. First and foremost you should only choose a well regulated broker, this limits the chances of being scammed. Other things to keep in mind are the functions you desire on the trading platform, minimum deposit, counterparty risk,... And do they offer webinars and seminars, education, daily analysis, trading signals,...?

Funding your account and withdrawing money is easy with a Skrill account, which is accepted by most brokers.

Alphabetical ranking

ForTrade
User-friendly platform

Fortrade

  • Very easy to use ForTrade platform and mobile apps
  • Nice and clear charts and technical indicators
  • Very suitable for price action trading
  • Trading is also possible on MT4: MetaTrader 4 software, MT4 Webtrader, MT4 Android App en MT4 iOS App
  • Good education in the Fortrade Academy with ebooks and videos on technical analysis and top trading strategies
  • Unlimited free demo

Regulation*
FCA (EU)

Minimum Deposit
$100

FP Markets

Advanced platform

FP Markets

  • Forex and CFD's: indices, equities, commodities, metals, shares, cryptocurrencies
  • Over 10,000+ products
  • Trade with advanced platforms like MT4, MT5 or IRESS
  • Webtrader and mobile apps
  • Education section with videos and ebooks, daily research, webinars
  • Support: email, livechat or phone
  • Free demo account

Regulation
CySEC (EU) and ASIC

Minimum deposit
$100

ICMarkets

Not Regulated in EU: high leverage is possible, but no negative balance protection

IC Markets

  • True ECN broker: Institutional pricing with no dealing desk, no requotes and no trading restrictions
  • Trading with the cTrader platform or MT4 software
  • Very good customer service and free webinars with top traders
  • Free unlimited demo

Regulation*
ASIC - non EU

Minimum Deposit
$200


User-friendly platform

Plus500

  • Very easy to use platform with mobile apps
  • Charting and technical analysis is rather limited
  • Support: email and online chat
  • Free unlimited demo

Regulation*
FCA, CySEC (EU) - ASIC

Minimum Deposit
$100


Visit Plus500 Read our review
76.4% of retail CFD accounts lose money.
Think Markets

Advanced platform

ThinkMarkets

  • A choice of three trading platforms - MetaTrader 4, MetaTrader 5 or the proprietary ThinkTrader platform
  • Autochartist (automatic pattern recognition)
  • Expert Advisor (EA) trading
  • Daily news, analysis
  • Open Free Demo Account

Regulation*
FCA (EU) - ASIC

Minimum Deposit
0

* Regulation:

Every country has an organisation which regulates the financial services industries. We only list brokers that operate in an officially regulated environment. List of regulators mentioned on this website:

  • ASIC: Australian Securities & Investments Commission
  • CBI: Central Bank of Ireland
  • CONSOB: Commissione Nazionale Per Le Societa' e La Borsa, Italy
  • CySEC: Cyprus Securities and Exchange Commission
  • FCA: Financial Conduct Authority, UK
  • FMA: Financial Market Authority, New Zealand
  • FSA: Financial Services Agency, Japan
  • FSB: Financial Services Board, South Africa
  • SFC: Hong Kong Securities and Futures Commission


Tradingview
  • Tradingview: Free Charts, Quotes and Trade Ideas
  • Great charting tool for forex traders
  • The leading social network for traders and investors

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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