CFD Brokers and Trading Platforms

Best Regulated CFD Brokers 2018CFD trading is one of the most lucrative and action-filled forms of trading and it also happens to be one of our favorite types of trading, which is why we’ve decided to list the best regulated CFD brokers.

Note that all the brokers that we’ve listed are 100% safe, always regulated, and have all the necessary licenses to offer CFD trading.

Let us give you the answer for the best regulated CFD brokers below:

Here Are The Best Regulated CFD Brokers For Traders 2018

Last update: 2018-08-27

Find the best trading platform. You capital is at risk when trading. Be careful.

Best CFD Broker – How you choose the best one for you

There are several factors that you need to check before deciding on a broker to use. Some of these aspects are crucial and some are more about personal taste. Below you’ll find the most important criteria that all brokers should live up to.

We have already evaluated and reviewed all the brokers that we recommend so you don’t actually have to go through this time-consuming process. But we still thought it would be helpful to explain how the process works in case you would want to do your own research.

If you prefer to do your own research, you need to be focused and systematic and you have to make sure that the services you use are safe and reliable. Keep in mind that most available brokers are not good enough to even consider and that only a few select options meet all the necessary criteria. Also be aware of the risks associated with CFD trading:

CFD trading risk disclosure

This is the risk disclosure for clients wanting to trade CFDs. This section should be read and fully understood before you start trading contracts for difference. Speculative trading (CFD Trading) is associated with risk and your funds are always at risk.

CFD trading is a speculative form of investing, and your capital is constantly at risk.

CFD trading is not suitable for everyone, you need to consider if you are willing to accept the risks that come with speculative trading. If you are not willing to accept the risks we recommend that you find a more suitable investment type that fits you better.

Between 65% and 89% of retail traders lose money, depending on which broker you trade with.

Leveraged trading is enhancing the risk. Certain products and assets like cryptocurrencies can be particularly risky with leveraged trading.

Read full risk disclosure.

 

License and regulation – The first and most important thing to check is if the broker is regulated and if they have all the licenses they need to operate. An unlicensed broker can easily rip you off and walk away with your money without any consequences.

In order to receive a license from one of the leading authorities in the industry, a broker needs to follow strict guidelines, volunteer to get audited on a regular basis, and offer certain services and protection to their customers. Because of this, most brokers are proud of their licenses and they never try to hide this information. Usually, you’ll find a broker’s license further down on the website or under the “About Us” tab.

The leading regulatory bodies in Europe are the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA, Great Britain).

Available Assets – After you confirmed that the broker is licensed and regulated you need to have a look at the selection and you have to make sure that the instruments that you want to trade with are available. CFDs can be traded on pretty much any market and asset which means that many CFD brokers offer thousands of assets. In our opinion, the best CFD brokers have many assets in several markets because it gives you the freedom to invest in what you want as well as the option to switch things up.

Many of the CFD brokers we recommend offer some of the most popular asset classes like forex trading, stocks and indices, commodities such as energy and metals, and cryptocurrencies. That being said, not all brokers offer all of the markets but most offer at least a few of them. No matter what market you are looking to trade on you can rest assured that we have recommended the best CFD broker for that specific market.

Many of the leading CFD brokers today provide access to MetaTrader’s products, and if you start trading CFDs professionally, you will run into this software sooner or later. The most common CFD trading platform is the MetaTrader 4 but the MetaTrader 5 is steadily growing in popularity. Also, the MetaTrader Webtrader is offered by a consistently growing selection of the best CFD brokers.

Best CFD trading Platform – The third and final of the crucial selection steps is to make sure you like the broker’s platform. There is a multitude of different platforms that can either be developed by the broker or by third-party companies. It is important to take a close look at the different features and tools and see if they are beneficial to you. Trust us, using a broker with a platform you don’t like will quickly get miserable. The best way to test a trading platform is by opening a CFD demo account that lets you trade without risk.

Trading fees – All brokers come with different trading fees, even though there are some standards in the CFD industry. Always make sure you understand the fees that the broker your trading with has. Some charge very high fees and some brokers offer more reasonable fees. Usually, this information is easily accessible on the website, if it’s not, you can find it in the terms and conditions. A quick note, if it’s not easily accessible that is a warning side. Does the broker have a reason to try to hide its fees? Ultimately you are responsible and it’s your responsibility to understand the fees of the broker you are conducting your trading with.

Best CFD Trading platforms

There are many important aspects that play a role when you pick a CFD Trading platform, it is very important to consider regulation, license, trading fees and such but possibly the most important thing is to pick the best trading platform.  Why? Simply because this is what will make or break your trading.

Best CFD Trading platforms:

  • Offers all technical tools you are looking for.
  • A design that appeals to you.
  • Offers basic services such as stop loss and negative balance protection.
  • Give you the best trading experience.

Why use a CFD broker?

What is the main difference between a CFD-broker and the more traditional way of buying stocks? There are both pros and cons to using a CFD-broker. We are going to list some of the positives with using a CFD broker.

Leverage – Leverage is something that most brokers offers and one of the main benefits of using contracts for difference broker. Leverage gives you the ability to enter trades that are bigger than the amount you physically invest by using credit. Let’s say that you invest $100 dollar buying a stock with 10 x  leverage. You will then have invested $1000. Leverage works both ways. It will increase probability if you have done successful investments but it will also increase losses It’s a way to increase your potential profit from a certain investment, and it makes it possible to experience gains from speculating on even the smallest market movements. Essentially, leverage provides you with increased buying power. Leverage is excellent if you know how to use it and can be dangerous if you have no clue what you are doing. Read our full introduction to leverage trading here.

Safety – When you use a regulated CFD broker, you are guaranteed a certain level of safety. You see, in order to be regulated a broker needs to live up to a certain standard in terms of fairness and security measures. They also agree to be audited on a regular basis.

This means that you can feel safe that you won’t be scammed or ripped off when using one of the best-regulated brokers in the world. Just note that a broker can’t protect you from possible losses. Ultimately, it is your responsibility to trade smart and avoid losing too much on the way.

Margin – A margin is essentially a loan that you broker provides to you. Depending on what asset you are trading the brokers offers different margins. It can be double your investment but it can also be several times higher than the funds in your account. Margins, like leverages, can be genius if used in the right way. Needless to say, margins also comes with risks. Make sure you know what you are doing.

Cost  – There are so many markets and so many localized rules to trading that applies to taxes, stamp duty and so on. CFD-trading is in many markets a cost-efficient way to trade.

Most of the brokers that we recommend are commission free meaning no commission will be charged on your trades. Also, they all compete in trying to offer the most competitive spreads which push the cost down even further. As if that wasn’t enough, fees are usually kept to a minimum and are only applied where necessary.

Short – Going short? Then you should for sure use a CFD-broker. Short trading is generally considered pretty hard to do when doing more traditional stock investments. CFD-brokers offers excellent tools for short trading. In fact, CFD trading is set up in a way where you have two options for every trade. You can either purchase a buy position or a sell position. A buy position is a traditional investment (buy low sell high) and a sell position is what is called short selling or betting against the market.

Education – Every single broker that we have recommended to our readers provides educational material and training. Typically, this material ranges from written guides with examples to animated videos, live trading, and webinars. The material also tends to apply to beginners as well as more experienced traders and can be really useful at times.

Advanced trading platforms – It is no secret that CFD brokers are years ahead when it comes to their platforms. Are you looking for helpful features and easy to use platforms that makes trading both more fun and more profitable? Then you should pick a CFD broker.

Compare our Recommended CFD Brokers

We, the team working at BullMarketz.com, have many years of combined experience from several markets and all types of trading and thus during our years in the business, we have tried many brokers. Due to our extensive experience, we know what should be required from a good broker and we are more than willing to share that information.

We have listed some of our absolute favorite brokers below. You can consider this list the icing on the cake, the creme de la creme, and the elite of CFD brokers.

Note that the CFD market is constantly changing with new brokers being added on a daily basis, which means that the list of the best CFD brokers is constantly being updated. We work hard to keep our list of recommended CFD brokers as up to date as possible, and we add and remove brokers from our list as needed. The above-mentioned brokers are the single best brokers right now. However, we also provide a complete list of all the CFD brokers we recommend at any given time.

We have also recommended a few other services and you can find them in the top menu. However, if you are looking for a great broker the following list will have at least one that will fit your needs. Again, click the link to read a full review or use one of the buttons above to be redirected to the broker’s sign up page.

Our CFD Broker list:


1. 24Option

24Option was one of the best binary options brokers for many years but has since completely rebranded into a CFD and forex broker. Today, the broker is one of the absolute top CFD brokers in the industry and most other brokers could only dream of ever competing with 24Option. Moreover, 24Option is the official sponsors of the Italian football team Juventus which is another sign of how serious and dedicated this broker is to be forced to be reckoned with.

Platform: MetaTrader 4
License: CySEC
Assets: Stocks, forex, commodities, cryptocurrencies, and more
Demo Account: Yes
Read our 24Option Review

Find the best trading platform. You capital is at risk when trading. Be careful.


2. Markets.com

Markets.com has been our first-hand choice for CFD trading for many years. They offer over 2,000 assets, have an industry-leading customer support service, a modern platform, and provide one of the best investment experiences on the market. They also offer a very practical Markets.com demo account and several other perks that you can only expect from the leading CFD brokers.

Platform: MetaTrader 5
License: CySEC, FCA, and more
Assets: Forex, cryptocurrencies, stocks, commodities, and more
Demo Account: Yes
Read our Markets.com Review

Find the best trading platform. You capital is at risk when trading. Be careful.


3. eToro

eToro is the undisputed king of copy trading in the forex and CFD industry. Their copy trading function and their CopyFunds makes every other copy feature look inferior. On top of that, eToro has a clean interface, a large selection of assets, and all the necessary licenses to offer their services in Europe and beyond. And let’s not forget the largest social trading network in the world. Needless to say, eToro is one of the best CFD brokers of all times.

Platform: Their own copy trading platform and social trading
License: CySEC, FCA, and more
Assets: Forex, cryptocurrencies, stocks, commodities, bonds, and more
Demo Account: Yes
Read our eToro Review

Find the best trading platform. You capital is at risk when trading. Be careful.


4. IQ Option

We have used to use IQ Option for trading for many years, now they are really taking their product to the next level and we are very excited about that since the new platform since it has helped strengthen the broker’s brand even more. In fact, IQ Option excels in every aspect and will remain a market leader for years to come.

Platform: Their own
License: CySEC
Assets: Cryptocurrencies, forex, stocks, commodities, and ETFs
Demo Account: Yes
Read our IQ Option Review

Find the best trading platform. You capital is at risk when trading. Be careful.


5. Plus500

Plus500 is an Israeli broker based in Tel Aviv and they are publicly traded on the London Exchange. Over the years, Plus500 has attracted a large number of loyal customers and have made a name for themselves for being trustworthy and professional. The Plus500 demo account is unlimited and it does not require any deposit. However, it is Plus500’s dedication to staying relevant that earns them a spot on the list of the best CFD brokers.

Platform: The Plus500 Platform
License: CySEC, FCA
Assets: Stocks, forex, commodities, cryptocurrencies, options, ETFs, and more
Demo Account: Yes
Read our Plus500 Review

Find the best trading platform. You capital is at risk when trading. Be careful.


6. Trade.com

Trade.com is another top broker that we’ve used a lot over the years. Similar to Markets.com, Trade.com offers 2,000+ assets spread across several asset classes and their product is solid. In addition, their customer service is available in more than 25 languages and they offer the well-known the MetaTrader 4 platform as well as the MetaTrader 5 platform. Let’s just say that if you’re a fan of the MetaQutoes products, this broker is for you.

Platform: MetaTrader 4 and MetaTrader 5
License: CySEC, FCA
Assets: Stocks, forex, commodities, cryptocurrencies, and more
Demo Account: Yes
Read our Trade.com Review

Find the best trading platform. You capital is at risk when trading. Be careful.


7. InstaForex

InstaForex offers a good selection of forex and CFDs on several instruments and they have all the necessary license to offer trading in Europe and elsewhere in the world. This broker is as modern as brokers can be with state of the art platforms, excellent charting tools, and great customer service. All in all, InstaForex provides an unparalleled trading experience and that’s why we think they are a top CFD broker. This broker is also constantly growing and we are certain they will take over more and more market shares over the next coming few years.

Platform: MetaTrader 4 and MetaTrader 5
License: CySEC
Assets: Stocks, forex, commodities, cryptocurrencies, and more
Demo Account: Yes
Read our InstaForex Review

Find the best trading platform. You capital is at risk when trading. Be careful.

Once again we want to clarify that we only recommend the best brokers in the world. Our goal is to help you find a good broker that you can use for a long time. There might be options on the market that we haven’t listed and there is always a reason to why that is.

For example, we might find a broker that is licensed and has a good selection of assets but a platform that is subpar compared to their competitors. In that case, we would most likely decide not to list them. We are constantly reviewing the market and checking for updates from the brokers we have listed (to see if they should be delisted) and brokers that we haven’t yet listed (to see if they qualify). That means our list of recommended brokers is constantly changing.

There are also a large number of unregulated and unlicensed brokers that we don’t even pay attention to, at least not until they are approved by either the CySEC or FCA. And even after that, we keep them in “quarantine” for some time while we evaluate their progress and dedication to offer a fair and safe product.

CFD Brokers and Demo Accounts

We believe that CFD trading demo accounts are such an important part of every broker’s selection of tools that demo accounts deserve their own section on this page.

A demo account is a free account that can be used to trade on a broker’s platform without having to risk real money. Instead, the broker provides you with a predetermined amount of virtual money that you can use freely, and the account is usually refilled automatically when it reaches a certain minimum level.

Most professional traders would agree that a demo account needs to be a part of everyone’s CFD investment strategy and today all the leading CFD brokers, with two or three exceptions, offer them.

Demo Account Benefits

Using a demo account in combination with a regular trading account can be beneficial for everybody from beginners to traders with years of experience. In fact, we use demo accounts on a daily basis and suggest you do as well.

The most obvious way a demo account can be used is by beginners. People that lack experience can use demo accounts to practice trading and to learn how the different features of a platform work. It’s like a free introduction to CFD and forex trading. At the same time, a demo account can also be used to evaluate a broker and their products. Is this a platform that I feel comfortable with or should I try another broker?

For experienced traders, the demo account is used to develop strategies and try new investment techniques. Since you can use the account freely without losing your own money, it’s perfect for when you are trying to get a grip on a new strategy. It doesn’t matter if it’s a new stop-loss technique or an analytic tool that you haven’t used before – a demo account is essential.

Demo accounts also fill a purpose for the broker. By offering a free demo account, brokers can attract new customers and tell them to sign up for a demo account before they start trading. This has proven to be a very useful and effective strategy that is implemented all over the industry.

Brokers also benefit from the fact that demo accounts support their transparency. A scam broker wouldn’t offer a free demo account to anyone since it wouldn’t make them any money. However, a legitimate broker knows that if the potential client likes their demo account, they will most likely register for a regular account as well.

Legal Status of CFD Trading and CFD Brokers Around the World

The legal status of CFD trading is a subject that’s often discussed and riddled with unclarity, which is why we decided to clear things out. So what’s actually going on and how do the laws look around the world?

CFD Brokers in the US

CFD trading is banned in the United States meaning no one is allowed to offer or participate in CFD trading within the country. The US is, in fact, the only country in Europe and North America, with the exception of Belgium, where CFD trading isn’t allowed.

CFD Brokers in the UK

In Great Britain, CFD trading is flourishing in a safe and well-regulated market. Many of the world’s best brokers are based in England and the Financial Conduct Authority (FCA) is considered one of the most trustworthy authorities in the world. Several of the largest brokers, for example, Plus500 and Markets.com, are even listed on the London Stock Exchange. Here you can find the best CFD brokers in the UK

CFD Brokers in Canada

Contracts for difference trading has become more and more regulated in Canada over the last few years and there is a high probability that they will join the US and introduce a complete ban soon. It’s very hard for brokers outside of Canada to offer CFDs to customers in the country and the brokers that are allowed are being tightly regulated and forced to be very clary with the risks involved in speculative trading.

CFD Brokers in Europe

At the moment, Europe has one of the strongest CFD markets in the world with most of the world’s brokers offering their services to European clients. For a broker to offer CFDs in Europe they have to either be regulated by the Cyprus Securities and Exchange Commission (CySEC) or the FCA. This means all the brokers that we recommend on BullMarketz.com are authorized by at least one of them. Note that in early 2018, laws for CFD trading in Europa was updated with stricter regulation on margin and leverage, affecting all asset classes.

CFD Brokers in Australia & New Zealand

In Australia, they have one of them to regulatory bodies for securities trading in the world. CFD brokers in Australia are only allowed to offer their services if they live up to tough requirements. The Australian Securities and Investments Commission (ASIC) is an independent government body that regulated CFD trading in Australia and the rest of the Oceana. Due to their strict regulation, an ASIC license is highly valued in the rest of the world.

CFD Brokers in South Africa

Not many brokers are based in South Africa even though the market is strong and stable. However, the country has one of the most respected regulatory bodies in the world. The Financial Service Board (FSB) regulates CFD trading in South Africa but also in many other African countries.

Using the Best CFD Brokers

As you might already understand, finding the best CFD broker is of utmost importance for everyone looking to trade. We’ve explained that just because a broker has the best CFD trading platform it doesn’t necessarily mean that it’s the best broker. There are, in fact, many other requirements that should be fulfilled for you or anyone else to consider using them.

If you use a broker that’s regulated and safe, and that has been recommended by us, you can rest assured that you will be safe and have a pleasant trading experience. Regulatory agencies are extremely strict when it comes to auditing and checking the brokers they regulate.

The point we’re trying to make is that you need to be careful when trading CFDs online and you should never accept anything less than the best CFD broker. The easiest way to make sure you’re using one of the best is to follow our recommendations. However, if you insist on finding a broker on your own we suggest you also follow the instructions we’ve provided above. They’re easy to remember: make sure the broker is regulated and safe, double check that they offer all the assets that you are looking to trade with, and lastly make sure that the broker provides access to one of the best trading platforms available.

All kinds of trading are associated with risk but that doesn’t mean you should expose yourself to unnecessary dangers. Always be safe and only settle for the best in the business. And the best way to do so is to use brokers that are recommended by us since they are required to protect their users at all times. They are also subject to audits to make sure the service they provide is fair and safe.

Choosing the best broker

Today you can find a whole bunch of CFD brokers that offer their services globally.  There is a large number of really good and trusted brokers for CFD trading, and then there is also equally many bad brokers. How does one separate them? And how does one pick the best one? We suggest that you do your research before you pick a broker. Make use of free demo accounts, read around on forums and read reviews. A quick overview of what you should look at:

  • Regulation and License – This is one of the most important things to check out. Normally a broker would be licensed by CySEC or FCA. There are a few other good licenses as well. Make sure the broker is fully regulated.
  • Reliability – Can you trust the broker? If a broker has a license it can most often be trusted if the license is legit. Make sure to do your research, read around on forums and check out reviews.
  • Assets – Of course, this should be at the top of your list. Does the broker offer the assets you are looking to trade?
  • Platform – Most brokers offer a free demo account, make sure you sign up for it and test their platform. It’s free so why not?  Many brokers offer the industry standard platform MT4 or MT5. But a few brokers offer custom platforms.
  • Commission and fees – All brokers will charge a fee. Make sure you know how much.
  • Mobile vs Desktop – What device are you looking to trade on? Mobile or Desktop? Keep in mind different platforms specializes in different devices.
  • Analysis and functionality – Do your research here when choosing a broker. They offer different functionalities that will help you trade better. Does the broker that you want to use offer the functionalities you need to execute your trading in a perfect way? Today we have so many platforms that this is a no-brainer. You need to have high expectations of your broker.
  • Personal preference – This one should not be underestimated, not at all. Picking a platform that feels right is probably one of the most important aspects. You will spend many hours in front of this screen. Make sure the platform is easy on your eye and that you have fun while trading.

A few final words

We are reaching the end of this article on how to pick the best CFD broker and we hope that we have made your choice a bit easier. A few key takeaways from this article would be to always choose a regulated broker for safety reasons. Also, make sure that the license they have is real and issued by a serious authority in the industry (such as CySEC or FCA or similar).  It could also be a good idea to read a bit on forums to hear what people have to say about the broker. Be a bit careful with this one as many people who have lost money tend to leave noncorrect and very subjective comments.

In terms of the platform, there are a few things you need to check out. Make sure the assets you want to trade are available. Also, go through the functionalities offered by the broker, do you need stop loss? Any other functions you are expecting? Lastly, make sure that you like the product you are using and that it’s easy for you to spend several hours per day on the platform without getting bored.

Good luck! We hope that you find the broker that you are looking for.