Top Brokers 2021

75.26% of retail CFD accounts lose money. Trading on margin is high risk and is not suitable for everyone.

Available Assets

Stocks
Currencies
Cryptocurrencies
Commodities
ETFs
CFDs
Indices

Minimum Deposit

$, €, £ - 20

Regulators

Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
National Bank of the Republic of Belarus

Payment Methods

Visa
Mastercard
Bank Transfer
Sofort
Neteller
Paypal
Apple Pay
Skrill
iDeal

Top Features

  • Customisable leverage for each asset class
  • Integrated with TradingView platform
  • User friendly web and mobile platform

68% of retail CFD accounts lose money

Available Assets

Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
CFDs

Minimum Deposit

$50 up to 200

Regulators

Cyprus Securities and Exchange Commission
Financial Conduct Authority
Australian Securities and Investments Commission
Financial Services Authority Seychelles

Payment Methods

Visa
Mastercard
Bank Transfer
Sofort
Neteller
Paypal
Skrill

Top Features

  • Buy real shares without leverage
  • Social and copy trading platform
  • More than 12 million users

74-89% of retail CFD accounts lose money

Available Assets

Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
CFDs

Minimum Deposit

$200

Regulators

BaFin (German Federal Financial Supervisory Authority)
Financial Conduct Authority
Australian Securities and Investments Commission
ADGM Financial Services Regulatory Authority
Cyprus Securities and Exchange Commission
Securities Commission of the Bahamas
Capital Markets Authority of Kenya

Payment Methods

Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill

Top Features

  • Well regulated on several jurisdictions
  • Low latency, fast execution under 30ms
  • Competitive spreads and low commissions from 0.0 pips their Razor account

72% of retail CFD accounts lose money

Available Assets

Stocks
Currencies
Cryptos
Commodities
ETFs
CFDs
Indices
Options

Minimum Deposit

$, €, £ - 100

Regulators

Cyprus Securities and Exchange Commission
Monetary Authority of Singapore
Financial Conduct Authority
Australian Securities and Investments Commission

Payment Methods

Visa
Mastercard
Bank Transfer
Paypal
Skrill

Top Features

  • Publicly traded company on LSE
  • CFDs on American Options offered
  • Easy to access live chat support

77% of retail CFD accounts lose money

Available Assets

Stocks
Cryptos
Commodities
Currencies
ETFs
Indices
CFDs

Minimum Deposit

$, €, £ - 0

Regulators

Cyprus Securities and Exchange Commission
Financial Conduct Authority
Polish Financial Supervision Authority
National Securities Market Commission (Spain)

Payment Methods

Visa
Mastercard
Bank Transfer
Sofort
Neteller
Paypal
Skrill

Top Features

  • Low Forex Spreads
  • Advanced platform with customisable spaces
  • Publicly traded company in WSE

Your Capital is at risk

Available Assets

Stocks
Currencies
Commodities
Indices
Cryptos
CFDs

Minimum Deposit

$100

Regulators

Australian Securities and Investments Commission
Securities Commission of the Bahamas

Payment Methods

Visa
Mastercard
Bank Transfer
Neteller
Paypal
Skrill
DragonPay
USDT (Tether)

Top Features

  • Allows deposits with cryptocurrency USDT (Tether)
  • Up to 1:500 leverage for experienced traders
  • Free Forex VPS (Virtual private server) to run your MetaTrader setup

74-89% of retail CFD accounts lose money

Available Assets

Currencies
Commodities
Indices
Cryptos
CFDs

Minimum Deposit

$, €, £, - 0.

Regulators

Financial Conduct Authority
Australian Securities and Investments Commission
Monetary Authority of Singapore
Investment Industry Regulatory Organization of Canada
Financial Futures Association of Japan

Payment Methods

Visa
Mastercard
Bank Transfer
Paypal

Top Features

  • High trustworthiness, regulated by the best regulators in the world
  • Fast, simple and professional trading platforms
  • Competitive spreads in their currency pairs

73.59% of retail CFD accounts lose money

Available Assets

Stocks
Cryptos
Commodities
Currencies
Indices
CFDs

Minimum Deposit

$200

Regulators

Cyprus Securities and Exchange Commission
Australian Securities and Investments Commission
Financial Services Authority Seychelles

Payment Methods

Visa
Mastercard
Bank Transfer
Bitcoin
Sofort
Neteller
Paypal
Skrill

Top Features

  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety

Compare Brokers

Vs.

Best Uk Brokers

5 Best UK Forex Brokers List for 2021

CFD Brokers Explained

CFD brokers specialise in providing contracts for differences trading via mobile and web trading platforms mostly to retail investors. 

CFDs (contracts for difference) are a financial derivative that is traded OTC (over the counter, off-exchange trading). That means that all of your transactions are never being routed to any exchange but rather you're engaging in a contract where you agree to exchange price differences either up or down with your broker as your counter-party. 

In short words, in most cases:

This is fine as long as you're trading with a high quality and reputable broker (such as the ones we choose to display on our website). 

High quality brokers never focus on a single client but rather hedge the global exposure of their company into the real market, here's what that means:

If there are $40 million in long positions and $20 million in short positions (both of them in Gold), the broker has the choice to do the following:

In either case, the broker is not targeting or communicating with individual traders, they're just analysing the whole exposure in their open trades and acting based on that. 

Advantages Vs. Disadvantages of CFD Trading

CFD trading provides great advantages such as: low margin requirements due to high leverage factors, execution regardless of liquidity and the ability to go short (bet against) at a very low cost. On the negative side CFDs carry overnight costs when trading on leverage and they are subject to conflicts of interest between traders and brokers.

Advantages Disadvantages
Low margin requirements Overnight fees when holding leveraged positions more than a day
Potentially better execution as it doesn't depend on market liquidity Conflicts of interest between traders and brokers
Shorting any asset at a very low cost  

Financial Regulators

Financial Regulator

When choosing a CFD Broker one of the most important things we must look for is their regulation.

Financial regulators are governmental institutions that regulate the behaviour of brokers and serve as a middleman to deal with any possible disputes.

When your broker is regulated, they have to abide by the code of conduct set by the regulator and any mistake could cost them their license.

Some of the world's most recognised financial regulators are: 

Trading with a regulated broker gives you a major edge in terms of safety and peace of mind yet you should never assume that just because a broker is regulated they are 100% good. 

Many bad businesses obtain licenses from financial regulators to perform unethical business practises and defraud customers. As soon as the regulator catches up with their activities, they get shut down and proceed to acquire a new license through a third-party that most probably cannot be linked back to them. 

In order to prevent choosing the wrong broker, pay attention to our next point were we mention the key differences between those who practise good and bad business.

Differences Between  Good and  Bad Brokers

Choosing the right broker can be a complex task if you're not an industry insider full of experience and information. To help our visitors with this problem we prepared a simple table with a few points to look for when analysing your current or future broker.

Good Brokers Bad Brokers
They don’t provide any type of advice (they never tell you what to buy or sell) They provide financial advice in an illicit way (telling you what to buy or sell)
They don’t call you constantly to ask for money They call you non-stop asking for money and resort to high pressure tactics
They are regulated by several financial regulators They are either unregulated or regulated by a single low reputation financial regulator which allows their wrongdoings
They hedge the global exposure of all their client trades and never focus on one specific client Their office location is usually false (for example: small tiny islands on the Caribbean)

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