| Online Broker | Minimum Deposit | Online Trading Platforms | Features |
|---|---|---|---|
| Dukascopy | $1000 Minimum Deposit | JForex, MT4 Trading Platforms | Supports a wide range of trading styles on MT4 and JForex, including automated trading Features |
| City Index | $150 Minimum Deposit | MT4, Web Trader Trading Platforms | Offers a relatively wide range of markets to trade on its user friendly WebTrader Features |
| Plus500 | $100 Minimum Deposit | Plus500 Platform Trading Platforms | Provides an intuitive trading platform with 2000+ CFD markets Features |
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Trading Platforms | Offers support for automated trading on all its platforms, including TradingView Features |
| eToro | $50 Minimum Deposit | CopyTrader Trading Platforms | Integrates copy trading on its platform, supporting a wide range of types of markets Features |
| FXCC | $100 Minimum Deposit | MT4 Trading Platform | Offers MT4 trading, allowing a wide range of trading styles Features |
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | Has 12,000+ markets of R StocksTrader (with many Stocks CFDs) and offers automated trading on all its platforms Features |
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | Offers fixed spreads on MT4, its user friendly platform and TradingView and variable spreads on MT5 Features |
| XM | $5 Minimum Deposit | MT4, MT5 Trading Platforms | Automated trading on MT4 and MT5 and 1000+ CFDs on MT5 Features |
| IC Markets | $200 Minimum Deposit | MT4, MT5, cTrader Trading Platforms | Allows a wide range of trading styles including automated trading, scalping and high frequency trading Features |
| ThinkMarkets | None Minimum Deposit | MT4, MT5, ThinkTrader Trading Platforms | Automated trading on MT4 and MT5, along with user friendly ThinkTrader Features |
| Vantage | $200 Minimum Deposit | MT4, MT5 Trading Platforms | Automated trading on MT4 and MT5, with high speed order processing Features |
CFD Trading Platform Comparison
A CFD is a Contract for Difference. It is a contract between the trader and the CFD provider to exchange the difference in value of a CFD from the beginning to the end of the trade. It allows the trader to trade a financial market without having to own it. CFDs let the trader go long or short and to use leverage, however increasing leverage increases risk.
CFDs are traded at online brokers via the provided trading platforms, once they have opened a CFD trading account (which is to say opened an online trading account at the CFD broker). As can be seen from the comparison table CFD brokers can offer a range of platforms. These can include MT4, MT5 and web traders.
Different trading platforms allow the trader to trade CFDs in different ways. For example, some platforms let the trader use automated trading strategies (including MT4, MT5, JForex and cTrader), while others may use a web trader platform layout to create a more intuitive trading experience.
Some brokers may offer additional types of trading, for example copy trading, where the trader copies the trades of other traders into their own account. For all types of trading, because a strategy worked in the past does not mean it will work in the future.
