CFD brokers allow traders to speculate on the price of price movements of assets like forex, cryptos, commodities, indices, etc., without owning the asset. Instead of buying or selling an actual asset, a CFD trader enters into a contract to exchange the difference of the price of an asset from when opened to when it is closed. Check out our top 10 picks for best CFD brokers.
Best CFD Brokers
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
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Steep Learning Curve
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Customer Service Could Be Better
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Unparalleled Market Access
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Competitive Pricing
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Advanced Trading Tools
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Steep Learning Curve
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Customer Service Could Be Better
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A

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Extensive Range of Tradable Instruments
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Competitive Trading Conditions & Accounts
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Versatile Trading Platforms
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Regulated by an Offshore Regulator
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Limited Demo Account
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Extensive Range of Tradable Instruments
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Competitive Trading Conditions & Accounts
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Versatile Trading Platforms
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Regulated by an Offshore Regulator
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Limited Demo Account
- Withdrawal fee1%
- Deposit fee$0
- Max Leverage1:2000
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NeoMarkets is praised for its user-friendly approach, making it accessible and straightforward for novice and experienced traders to navigate the platform.
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NeoMarkets allows trading cryptocurrencies through CFDs at competitive costs, providing traders with exposure to this popular asset class.
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NeoMarkets is regulated by the Financial Services Commission (FSC) in Mauritius, adding an element of oversight and security for its clients.
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NeoMarkets has a limited selection of deposit and withdrawal methods, potentially inconveniencing clients who prefer a broader range of options.
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To access the demo account, users must first complete the registration process, which might deter those who prefer exploring the platform before committing.
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NeoMarkets’ website lacks readily available information about its various account types, potentially making it challenging for traders to select the most suitable option.
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NeoMarkets is praised for its user-friendly approach, making it accessible and straightforward for novice and experienced traders to navigate the platform.
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NeoMarkets allows trading cryptocurrencies through CFDs at competitive costs, providing traders with exposure to this popular asset class.
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NeoMarkets is regulated by the Financial Services Commission (FSC) in Mauritius, adding an element of oversight and security for its clients.
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NeoMarkets has a limited selection of deposit and withdrawal methods, potentially inconveniencing clients who prefer a broader range of options.
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To access the demo account, users must first complete the registration process, which might deter those who prefer exploring the platform before committing.
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NeoMarkets’ website lacks readily available information about its various account types, potentially making it challenging for traders to select the most suitable option.
- Withdrawal fee$0 (conditions apply)
- Deposit fee$0
- Max Leverage1:500
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Regulated by the Central Bank of Russia, ensuring a high level of security for client funds.
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Offers a wide range of assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies.
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Competitive spreads start from 0.1 pips.
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Not available for US clients.
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A limited selection of account types to choose from.
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No social trading or copy trading options available.
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Regulated by the Central Bank of Russia, ensuring a high level of security for client funds.
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Offers a wide range of assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies.
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Competitive spreads start from 0.1 pips.
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Not available for US clients.
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A limited selection of account types to choose from.
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No social trading or copy trading options available.
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Well-Regulated
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Wide Range of Markets
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Advanced Trading Tools and Platforms
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Inactivity Fees
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Limited Account Types
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Limited Leverage
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Well-Regulated
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Wide Range of Markets
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Advanced Trading Tools and Platforms
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Inactivity Fees
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Limited Account Types
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Limited Leverage
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Strong Regulatory Oversight
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Several Trading Platforms Offered
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Several Account Options
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Variable Spreads on Starter Account
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High Minimum Deposits for Premium and Ultimate Accounts
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Some Users Reported Withdrawal Issues
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Strong Regulatory Oversight
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Several Trading Platforms Offered
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Several Account Options
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Variable Spreads on Starter Account
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High Minimum Deposits for Premium and Ultimate Accounts
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Some Users Reported Withdrawal Issues
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Low Trading Fees
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Multiple Regulatory Licenses
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Advanced Copy Trading Options
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High Minimum Deposit for Pro ECN Account
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Limited Product Range
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Mixed Customer Service Reviews
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Low Trading Fees
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Multiple Regulatory Licenses
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Advanced Copy Trading Options
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High Minimum Deposit for Pro ECN Account
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Limited Product Range
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Mixed Customer Service Reviews
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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MetaTrader platforms and automated trading tools
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Wide range of tradable instruments
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Third-party deposit protection
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High minimum deposit requirement
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Limited educational resources
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Customer service is unavailable 24/7 in every language
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MetaTrader platforms and automated trading tools
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Wide range of tradable instruments
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Third-party deposit protection
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High minimum deposit requirement
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Limited educational resources
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Customer service is unavailable 24/7 in every language
- Withdrawal feeN/A
- Deposit feeN/A
- Max Leverage1:300
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Regulated Broker
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Competitive Spreads
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User-Friendly MT4 Platform
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Limited Platform Options
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Mixed Reviews on Customer Support
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Withdrawal Delays
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Regulated Broker
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Competitive Spreads
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User-Friendly MT4 Platform
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Limited Platform Options
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Mixed Reviews on Customer Support
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Withdrawal Delays
- Withdrawal feeN/A
- Deposit feeN/A
- Max LeverageN/A
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Competitive spreads start from 0.1 pips on major currency pairs.
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Leverage up to 1:500 for the Standard account.
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Multiple payment methods, including bank wire transfers, credit/debit cards, and online payment systems such as Skrill and Neteller.
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Restricted to residents of certain countries, including the United States, Canada, and others.
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No Regulation by a tier-1 financial service regulator.
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Scalping is restricted, which may not suit traders who employ this strategy
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Competitive spreads start from 0.1 pips on major currency pairs.
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Leverage up to 1:500 for the Standard account.
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Multiple payment methods, including bank wire transfers, credit/debit cards, and online payment systems such as Skrill and Neteller.
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Restricted to residents of certain countries, including the United States, Canada, and others.
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No Regulation by a tier-1 financial service regulator.
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Scalping is restricted, which may not suit traders who employ this strategy
- Withdrawal feeN/A
- Deposit feeN/A
- Max Leverage1:500
What Factors Should I Consider When Choosing a CFD Broker?
When picking a CFD broker, focus on the must-haves like regulation, fees, customer support, available markets, and the trading platforms they offer. Also, think about your trading goals to ensure the broker aligns with what you’re looking for.
How Do CFD Brokers Make Money?
CFD brokers make their money through spreads. The spread is the difference between the buying and selling price. Some also charge trade commissions and overnight swap fees on leveraged positions. Make sure you fully understand a broker’s fee structure before you start trading with them.
What Is Leverage in CFD Trading and How Does It Work?
Leverage allows you to control a larger position with a smaller investment, but it comes with higher risks. It can amplify your profits but also your losses. Therefore, it’s advisable to start with low-leverage brokers when you’re new to trading.
Are CFD Brokers Regulated, and Why Is Regulation Important?
Regulation is key when choosing a CFD broker. Brokers are usually regulated by local authorities or international regulators, but the level of protection differs significantly. Go for brokers regulated by top-tier authorities like ASIC, CySEC, or FCA for the best protection. Non-regulated brokers do not have to comply with essential security measures like segregated accounts and investor protection policies.
What Types of CFDs Can I Trade with?
CFD brokers typically offer a wide range of instruments, including forex, stocks, crypto, commodities, bonds, and ETFs. Brokers with top-tier regulation usually provide access to more markets, giving you more options to diversify and manage your risk.