Forex broker XM

Directory of online CFD Brokers

Below is a list of CFD brokers that includes some of the main companies that currently operate with Contracts For Difference, one of the most important and popular financial derivatives for retail traders thanks of its high profits and high level of leverage. Likewise, CFDs allow speculation with a wide variety of financial markets through a single instrument. This brokers directory includes both companies specialized in CFD trading and brokers that also offer other investment instruments such as Forex for example. 

The following information is offered for each of these companies:

  • Broker name
  • Country of origin
  • Types of CFD that it offers to its clients (types of underlying assets).
  • Minimum deposit to trade in the market with CFD.
  • A direct link to a full review detailing the services of the broker.

In addition, links to the website of each broker are included in the first column to obtain more information and / or to open a trading account.

BrokerRegulationBroker TypeTrading Instruments (underlying assets for CFD)Minimum DepositBroker Review
XM
CySECMarket Maker/STP/NDD-Forex
-Commodities
-CFD
$5Review
HYCM
FCA
CySEC
Market Maker-Forex
-Commodities
-CFD
$250Review
Axitrader
ASIC and FCAECN/STP-Forex
-Commodities
-CFD
$10Review
RoboForex
http://www.roboforex.com/?a=ufb
CySECECN/STP-Forex
-Commodities
-CFD
$10Review
XTB
FCANDD/STP-Forex
-Commodities
-CFD
$250Review
ICMarkets
http://icmarkets.com//?camp=1462
ASICECN/STP-Forex
-Commodities
-CFD
$200Review
Pepperstone
ASICECN/STP-Forex
-Commodities
-CFD
$200Review
Alpari
-ECN/STP-Forex
-Commodities
-CFD
$10Review
Valutrades
FCAECN/STP-Forex
-Commodities
-CFD
$50Review
ForexTime
CySEC
IFSC
Market Maker/ECN-Forex
-Commodities
-CFD
$5Review
Tigerwit
FCANDD/STP-Forex
-Commodities
-CFD
$50Review
HotForex
CySECECN/STP-Forex
-Commodities
-CFD
$5Review
FPMarkets
ASICECN/STP-Forex
-Commodities
-CFD
-Stocks
$200Review
BlackBull Markets
FSRPECN/STP-Forex
-Commodities
-CFD
$200Review
ThinkMarkets
ASIC and FCAECN/STP-Forex
-Commodities
-CFD
$200Review
Avatrade
Bank of Ireland, ASIC and otherMarket Maker-Forex
-Commodities
-CFD
$100Review
FXCC
CySECECN/STP-Forex
-Commodities
-CFD
$100Review
Plus500
CySEC
ASIC
FCA
Market MakerCFD on:
-Forex
-Commodities
-Stocks
-Indices
-Crypto
$100Review
FXPrimus
http://www.fxprimus.com/open-an-account?r=15010
CySECNDD/STP-Forex
-Commodities
-CFD
$200Review
Forex4you
-NDD/STP-Forex
-Commodities
-CFD
$10Review
EasyMarkets
CySEC
ASIC
Market Maker-Forex
-Commodities
-CFD
-Forex options
$250Review
FBS
CySEC
IFSC
ECN/STP-Forex
-Commodities
-CFD
$1Review
GKFX
FCAMarket Maker-Forex
-Commodities
-CFD
$100Review
Markets.com
CySECMarket Maker-Forex
-Commodities
-CFD
$100Review
Agea
SCMNMarket Maker-Forex
-Commodities
-CFD
$1Review
Alvexo
CySECMarket Maker-Forex
-Commodities
-CFD
$500Review

What are the best CFD brokers?

The CFDs (Contracts For Difference) are a derivative financial product, developed to be able to invest in currencies, stocks, commodities, indices, cryptocurrencies, bonds and other assets, without the need to have physical ownership of these underlying instruments. These are OTC (Over The Counter) instruments, that is, they are assets that are not listed on an organized market like an exchange. These financial products are widely used by retail investors who have little capital, as well as short-term traders.

By trading with CFDs you will obtain profits or losses according to the difference between the price of a financial asset (a share, a currency pair, an index, etc.) at the opening of a position and the price of the same financial asset when the position is closed; it is not a trade made in the real market, since the asset is not physically bought or sold, a parallel operation is simply performed, replicating the evolution of the price of the asset on which we are trading. Since it is not necessary to own the underlying asset, it is a very agile, flexible and ideal investment method for short-term trading.

CFD trading

In addition, thanks to its high leverage, only a small amount of money is required from the investor as trading margin which allows to obtain the effect of trading with a much higher amount (Example: with a 1:100 leverage you will only need to provide $100 as initial trading margin or collateral and you can get the benefits of trading with $10000. In other words, your capital is multiplied by 100 and your market position will be higher).

CFDs also allow the investor to obtain benefits in both bull and bear markets. When trading through a CFD broker, if you think the price is going to rise, you can open a long position and close it later with a sale trade (it is called “go long”) or if you think the market is going to fall you can open a short position and close it later with a buy trade (it is calle “go short“). Thanks to the CFDs we can open sale positions, in which we will obtain profits if the price of the underlying asset falls (short trades), with the same ease with which we can open buy positions (long trades). This fact allows to obtain a benefit both in the rises and in the falls of the financial markets.

For these reasons, CFDs have become one of the most popular investment instruments today, especially among retail traders. It is also important that you understand the risks involved in the CDFs (especially the risks that come from financial leverage), so that you learn to minimize them using instruments such as stop loss.

To start investing online you need a CFD broker. It is convenient that you work with reliable CFD brokers that are regulated by prestigious bodies such as the British FCA, the Australian ASIC, etc. After having tested and analyzed numerous CFD brokers, at the top you can see a table with those that we consider most advisable to invest.