Best CFD Broker & Platforms UK

Looking for the Best CFD Broker and Platform in the UK?

Does CFD Trading seem complicated?

We have spend over 180 hours searching for the best regulated CFD Broker in the United Kingdom, in this article, we will present the results.

Here Are The Best CFD Brokers UK:

Risk Warning:

Your capital will be at risk when using any of the recommended brokers on this page. Never invest money you can’t afford to lose. Using a high leverage can result in big losses. Between 65-89% of retail investors lose money when trading contracts for difference (CFD). Bullmarketz may be compensated by some of the brokers listed on our website.

Is CFD Trading allowed in your country?

CFD Regulation Country by Country. The CFD trading services we are listing in this article is available in the following countries.

Are you based in the United Kingdom? Canada? Australia or US? Find out if you can trade CFDs.

Europe:

  • Albania
  • Bosnia & Herzegovina
  • Bulgaria
  • Croatia
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Kosovo
  • Latvia
  • Lithuania
  • Macedonia
  • Malta
  • Moldova
  • Montenegro
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Russia
  • Serbia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • Ukraine
  • United Kingdom

Excluded: Belgium

North America

  • Belize
  • Canada
  • Costa Rica
  • Cuba
  • Guatemala
  • Honduras
  • Jamaica
  • Mexico
  • Nicaragua
  • Panama
  • Puerto Rico
  • The Bahamas

Excluded: United States

South America

  • Argentina
  • Bolivia
  • Chile
  • Colombia
  • Dominican Republic
  • Ecuador
  • Guyana
  • Paraguay
  • Peru
  • Suriname
  • Uruguay
  • Venezuela

Excluded: Brazil

Africa

  • Algeria
  • Angola
  • Benin
  • Botswana
  • Burkina Faso
  • Burundi
  • Cameroon
  • Central African Republic
  • Chad
  • Democratic Republic of Congo
  • Egypt
  • Eritrea
  • Ethiopia
  • Gabon
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Kenya
  • Lesotho
  • Liberia
  • Libya
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • Nigeria
  • Republic of the Congo
  • Rwanda
  • Sierra Leone
  • Somalia
  • South Africa
  • South Sudan
  • Sudan
  • Swaziland
  • Tanzania
  • The Ivory Coast
  • Togo
  • Tunisia
  • Tunisia
  • Uganda
  • Western Sahara
  • Zambia
  • Zimbabwe

Middle East

  • Georgia
  • Armenia
  • Azerbaijan
  • Iran
  • Iraq
  • Syria
  • Lebanon
  • Cyprus
  • Israel
  • Jordan
  • Saudi Arabia
  • Kuwait
  • Bahrain
  • Qatar
  • United Arab Emirates
  • Oman
  • Yemen

Asia

  • Afghanistan
  • Bangladesh
  • Cambodia
  • China
  • China
  • India
  • Indonesia
  • Japan
  • Kazakstan
  • Kirgizistan
  • Laos
  • Malaysia
  • Mongolia
  • Myanmar
  • North Korea
  • Pakistan
  • Papua New Guinea
  • Philippines
  • Singapore
  • South Korea
  • Sri Lanka
  • Thailand
  • Turkmenistan
  • Uzbekistan
  • Vietnam

Excluded: Hong Kong

Oceania:

Tested CFD Brokers:

  • eToro
  • Markets.com
  • 24Option
  • IQ Option
  • BDSwiss
  • HotForex
  • Trade.com
  • Libertex
  • Plus500
  • XTB
  • InstaForex
  • IG Markets
  • GKFX
  • LionsFX
  • Valutrades
  • XM
  • IronFX
  • Blackwellglobal
  • FPMarkets
  • AmanaCapital
  • Admiralmarkets
  • Alvexo
  • Bizintra
  • Pepperstone
  • Windsorbrokers
  • FXPro
  • ForexTime
  • HYCM
  • FXGrow
  • TeleTrade
  • Trader.online
  • Marketscube
  • Finmaxbo
  • FXCC
  • Oanda
  • Forex.com
  • LCG
  • CMC Markets
  • FXCM
  • iForex
  • IFC Markets
  • Aaatrade

Best CFD Trading Platform UK – Top 7


1. FXTM – Double Platform for Double the Action

The main benefit of trading CFDs is that you can get direct access to several markets from the exact same platform. With FXTM, it might be easier than ever before. This broker allows you to trade 250+ assets on MetaTrader 4 & 5, and your opportunities are endless.

Setting up an account with this CFD broker is easy and you can be trading your favorite commodities in no time. Don’t believe us? Then start by opening a demo account first and try the broker out on your own.

Platform: MetaTrader 4 & 5
Assets: Forex, stocks, commodities, indices
License: CySEC & FSCA
Demo Account: Yes

Read our FXTM review

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

2. Skilling – CFD Broker with New and Exciting Features. 

In order to be considered one of the best CFD brokers in the world, a broker has to live up to several very strict and demanding requirements.

Only offering a selection of CFDs on a decent platform is not enough, and the broker has to provide something unique and exciting.

Skilling is the perfect example of a broker that has managed to do this, and that is why we didn’t hesitate to put Skilling on the list of the world’s best CFD brokers.

Skilling’s platform was designed in-house, and it’s really a super smooth software that runs equally as well on a desktop as it does on a mobile device.

There are more than 300 CFDs spread out on several markets, and they have additional safety features and the deposit limit ($50) is the lowest we’ve seen.

In other words, Skilling is a new and refreshing service that offers everything you could ask for from a top CFD broker.

Platform: Skilling’s own platform
License: CySEC
Assets: 300 currency pairs, cryptocurrencies, indices, commodities, and stocks.
Demo Account: Yes

Read our review of Skilling

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

3. eToro – Copy Trading, suitable for beginners.

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

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

4. Trade.com – Good CFD platform and over 2000 assets.

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

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

5. Plus500 – Very simple trading platform. 

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

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

6. IQ Option – Low amount of assets, best CFD platform. 

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. Definitely one of the best CFD trading platforms.

Platform: Their own
License: CySEC
Assets: Cryptocurrencies, forex, stocks, commodities, and ETFs
Demo Account: Yes

Read our IQ Option Review

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

7. InstaForex – Great CFD Trading Platform and selection. 

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

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

Other CFD Providers UK

Not happy with the CFD providers listed so far? Below you can find other popular brokers.

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Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers
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Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers
Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers Research: Best CFD Brokers UK - 7 CFD Trading Platforms & Providers

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

How We Did This Research

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 CFD brokers on this page. You can consider this list the icing on the cake, the creme de la creme, and the elite of CFD brokers.

What we looked at when we did the research:

License and regulation – The first and most important thing we checked where 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 we confirmed that the broker is licensed and regulated we had a look at the selection of assets. 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.

Platform – The third step is to make sure that the broker’s platform is good. 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 for most of the traders. 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. The fees are very important for our clients and obviously, the cost of trading is one of the main aspects we look at when evaluating brokers. Are they offering competitive spreads?

Are CFD Brokers Safe and Regulated?

Yes, every broker recommended on this page is completely safe to use. You see, your safety is of high importance to us and we want nothing more than to recommend you a safe trading environment in which you can thrive.

In order to ensure that each broker we recommend is safe, we look at regulation and the licenses that the brokers have. Moreover, we also study the brokers’ past and make sure that they have a good reputation and that they haven’t been involved in any bad press.

As mentioned, we would never recommend a broker that we wouldn’t feel comfortable using ourselves and every broker on this site is safe. Also, all of our reviews are unbiased meaning we’ll let you know if there is something we don’t like about a particular broker or if we encountered any problems and issues.

Why use a CFD provider?

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 of 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.

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 make trading both more fun and more profitable? Then you should pick a CFD broker.

FCA and CySEC

The FCA license means that the Financial Conduct Authority has full insight into the operations of the broker, they run regular checks and audits and make sure the broker acts according to the regulations. The FCA is a watchdog for CFD brokers, banks, and similar services.

The same goes for CySEC, Cyprus Securities and Exchange Commission.

How do you know if a broker is FCA or CySEC regulated? They clearly state this somewhere on their home page, and as a rule, you can always find the license number in the footer. Also, all the brokers we recommend are licensed so you can always opt for one of them.

Contact the FCA

FCA Head Office

  • 12 Endeavour Square
  • London E20 1JN
  • Company no. 01920623
  • Contact FCA
  • Call FCA: 0800 111 6768 (freephone)
  • 0300 500 8082 (UK)
  • +44 207 066 1000 (from abroad)
  • FCA is open Monday -Friday, 8 am – 6 pm, Saturdays 9 am – 1 pm.

Why would you contact the FCA? Well, if you experience any troubles with UK brokers it’s the FCA’s duty to help you find a solution to your problems. If you have been exposed to a scam, wish to file a complaint or simply consult with an expert we recommend that you contact the FCA. This concerns only FCA regulated brokers. And remember, the FCA is on your side.

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.

Our Author:

Our editorAdam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at BullMarketz.com and has been providing editorial content within the financial sector for more than 5 years.

Read more about him by visiting his LinkedIn profile or contact us directly to learn more about the team.

COMMENTS

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Between 73-89% of retail investor accounts lose money when trading CFDs.