Markets.com Logo
euEnglish
LoginSign Up

10 Best CFD Brokers in 2024

Jul 23, 2024
5 min read
Table of Contents
  • 1. 1. Plus 500
  • 2. 2. Markets.com
  • 3. 3. Vantage
  • 4. 4. IC Markets
  • 5. 5. FXTM
  • 6. 6. FP Markets
  • 7. 7. HFM
  • 8. 8. XTB
  • 9. 9. AvaTrade
  • 10. 10. Pepperstone

businessman-writing-cfd-on-blackboard-width-1200-format-jpeg.jpg

Looking for the best CFD broker to trade with? Our in-depth analysis has identified the top 10 options that cater to a variety of trading needs. CFD trading offers the advantage of accessing a wide array of instruments through a single account. Leading CFD brokers typically offer forex, indices, commodities, shares, and cryptocurrencies, all accessible via a unified trading platform.

 

1. Plus 500

Plus500 is a trading platform that offers Contracts for Difference (CFDs) on various financial instruments, including stocks, indices, commodities, cryptocurrencies, and forex. CFDs allow traders to speculate on price movements without owning the underlying asset. Plus500 provides a user-friendly interface, competitive spreads, and a range of tools for technical analysis. It's important for traders to understand the risks involved in trading CFDs, such as leverage and market volatility.

 

2. Markets.com


logo-width-1200-format-jpeg.jpg
 

Markets.com is a prominent online trading platform that offers access to a variety of financial instruments including forex, indices, commodities, stocks, and cryptocurrencies. It provides a user-friendly interface and tools for traders to engage in CFD trading across multiple markets. Markets.com has been in business since 2009, and they’re fully regulated in five different major markets, including Europe and the UK. Markets.com is a global company with more than 5M registered accounts which is regulated in Europe, UK, BVI, Australia and South Africa. They prioritize providing a secure and technologically advanced trading environment. The platform adheres to stringent regulatory standards, ensuring transparency and client protection. Utilizing state-of-the-art security measures, they safeguard client data and transactions. The trading platform is equipped with advanced tools for technical analysis and risk management, supported by a dedicated customer service team to assist clients promptly.

 

3. Vantage

Vantage CFD, also known as Vantage FX, is a brokerage firm that specializes in offering Contracts for Difference (CFDs) to traders. Like other CFD providers, Vantage FX allows traders to speculate on the price movements of various financial instruments without owning the underlying assets. They typically offer CFDs on forex, indices, commodities, cryptocurrencies, and shares, providing leverage to amplify potential gains (and losses). Traders should carefully consider the risks associated with CFD trading, including market volatility and leverage effects, before engaging with such platforms.

 

4. IC Markets

IC Markets is ideal for experienced Bitcoin CFD traders, offering competitive spreads starting at 8.7 pips and a generous maximum leverage of 1:200 on MT4/5 platforms. Being regulated by ASIC guarantees a reliable trading environment. 

With the MT4, MT5, and cTrader platforms, traders can enjoy a flexible trading experience designed for advanced trading techniques. 

 

5. FXTM

FXTM offers CFD trading across a diverse range of financial instruments including forex, indices, commodities, stocks, and cryptocurrencies. It's known for its competitive spreads, user-friendly trading platforms, and comprehensive educational resources to support traders of all levels.

 

6. FP Markets

FP Markets is a well-established online broker known for offering CFD trading across a wide range of financial instruments. These include forex, indices, commodities, stocks, and cryptocurrencies. The platform is popular for its competitive pricing, fast execution speeds, and robust trading infrastructure, catering to both retail and institutional traders globally.


cfd-text-inside-magnifier-width-1200-format-jpeg.jpg

 

7. HFM

HFM provides a range of account types tailored to various trading preferences, featuring spreads on BTC/USD starting from 30+ pips and a leverage of 1:50. With oversight from various regulatory bodies, HFM is dedicated to offering a personalized trading experience. 

 

8. XTB

XTB stands out for its comprehensive educational resources and intuitive xStation platform, catering well to traders across all experience levels.
Regulated by the FCA and CySEC, XTB provides competitive BTC/USD spreads starting at 0.22% of the market price, coupled with leverage up to 1:5. This balance ensures accessibility while maintaining a robust regulatory framework.

 

9. AvaTrade

AvaTrade is a reputable online broker that provides CFD trading services across various financial instruments. These include forex, indices, commodities, stocks, bonds, ETFs, and cryptocurrencies. AvaTrade is recognized for its user-friendly platforms, educational resources, and customer support, making it a popular choice among traders worldwide.

 

10. Pepperstone

Pepperstone is a prominent CFD broker recognized for its strong presence in the forex market and extensive range of trading instruments. Regulated by multiple authorities including the ASIC and FCA, Pepperstone offers competitive spreads and a variety of trading platforms to suit different trader preferences. Their focus on low latency execution and customer support has made them a popular choice among traders seeking reliable and efficient trading conditions.

cfd-touchscreen-width-1200-format-jpeg.jpg

Choosing the right CFD broker is essential for your trading success. Prioritize brokers regulated by trustworthy authorities like ASIC, FCA, or CySEC to ensure your funds are protected. Consider the diversity of trading instruments available, ensuring they match your trading goals and interests. Evaluate the trading platforms for user-friendliness, features, and reliability, as these are crucial for executing trades effectively. Additionally, factor in the broker's fees, spreads, and customer support quality. Ultimately, conducting thorough research, reading reviews, and possibly testing demo accounts can help you make an informed decision that aligns with your trading needs and preferences.
 


When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. 

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
 


Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

Frances Wang
Written by
Frances Wang
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    -1.82%
  • EUR/USD

    chartpng

    --

    -0.34%
  • Cotton

    chartpng

    --

    0.23%
  • AUD/USD

    chartpng

    --

    -0.23%
  • Santander

    chartpng

    --

    0.17%
  • Apple.svg

    Apple

    chartpng

    --

    0.46%
  • easyJet

    chartpng

    --

    0.39%
  • VIXX

    chartpng

    --

    0.28%
  • Silver

    chartpng

    --

    -0.05%
Tags DirectoryView all
Table of Contents
  • 1. 1. Plus 500
  • 2. 2. Markets.com
  • 3. 3. Vantage
  • 4. 4. IC Markets
  • 5. 5. FXTM
  • 6. 6. FP Markets
  • 7. 7. HFM
  • 8. 8. XTB
  • 9. 9. AvaTrade
  • 10. 10. Pepperstone

Related Articles

Trending Types of CFDs: XAU/USD CFD, Uber Stock CFD, XRP CFD

Trending Types of CFDs: Contracts for Difference (CFDs) have become a popular trading instrument for those looking to speculate on various asset classes without owning the underlying assets.

Frances Wang|6 days ago

CFD Trading for Beginners: Is Trading CFDs A Good Idea?

CFD Trading for Beginners: Contracts for Difference (CFDs) have gained immense popularity among traders and investors seeking to speculate on price movements without owning the underlying assets.

Ghko B|6 days ago

CFD Trading Basics: What Are the Advantages of CFD Trading?

CFD Trading Basics: Contracts for Difference (CFDs) have become a popular trading instrument among investors and traders looking to speculate on price movements in various financial markets.

Ghko B|6 days ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The www.markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Markets International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

Close
Close

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.