For once the global stock markets are projected to stay active over the summer and the interest in trading is increasing. In our opinion, the best way to day trade stocks is by using a CFD broker since it allows you to make quicker trades on both increasing and decreasing prices. Therefore, we thought we’d guide you to the best stockbrokers in 2018.
Many analysts are expecting major market movements for the months of July and August, and it’s important that you know how to best profit from it.
Using a CFD broker to trade stocks is more flexible than regular stock trading and it creates more opportunities.
We have reviewed every CFD stockbroker out there and can recommend the best of the best to you.
In the world of stock trading, there is a saying that goes “sell in May and go away,” which means that stock markets tend to under perform during the summer and that it’s best to wait until the fall before you invest again. However, that doesn’t seem to be correct this summer, and we have seen major market movements on a weekly basis in May and June.
The ongoing trade war is also predicted to stir the pot quite a bit with certain stocks set to increase while others could see major sell-offs. Because of all these price movements, it’s advisable to keep trading stocks even during the rest of the summer.
For example, Netflix shares are up over 100 percent year-to-date with further growth expected for the summer. On the other hand, European and American car manufacturers are in the danger zone due to the trade war.
Which Are the Best CFD Stockbrokers?
The beauty with CFD trading is that it is as easy to trade on surging stocks as it is to short trade falling prices.
In order to trade stocks as CFDs you need to use a CFD broker, and it’s of the utmost importance that you use a safe and regulated broker. We have spent countless hours reviewing CFD brokers and have recommended the best on this site. Below is a list of the best CFD brokers for stocks.
- Plus500 could potentially be the best CFD stockbroker of all time. It’s a respectable and well-established broker that has even been listed on the London Stock Exchange, meaning you can actually invest in the broker itself. Learn more about the broker in our Plus500 Review!
- eToro is another great option for stock traders. Their social trading opportunities and copy trading features take stock trading to the next level while helping beginners profit from more experienced trader’s strategies. Read our eToro review to learn more about the broker.
- IQ Option has been putting a lot of effort into developing the best cryptocurrency brokerage service but also has a phenomenal stock trading platform. With IQ Option you can trade 138 of the best-performing stocks on the NYSE and Nasdaq. Check out our IQ Option review and learn more about this unique broker.
- Markets.com is one of the most well-known and popular brokers in the industry, and they also happen to have a good selection of stocks and indices to trade. We have created one of the most comprehensive reviews of Markets.com on the internet.