A CFD, or Contract for Difference, is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. CFDs are technically derivatives products that allow traders to trade on live market price movements without actually owning the underlying instrument on which the contract is based. Before choosing which broker is the best for you, view our list of the top brokers with CFD trading below.
|1||XM||2009||ASIC, CySEC, IFSC|
|3||IG Markets||1974||FCA, ASIC, FSCA, CFTC, NFA|
What makes a good CFD broker? First of all, they need to offer fair fees and have a good safety score. It must also be easy to open an account and deposit money. They should give access to many products and need to have a great platform.
Still not sure which broker? For a tailored recommendation, you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.