Find Reviews of Forex, CFD and Spread Betting Brokers

Forex, CFD & Spread Betting Reviews

Reviews of FX, CFD and Spread Betting Brokers and Comparison Table
Online BrokerMaximum LeverageMinimum FX SpreadRead Review
City Index30:1
Maximum Leverage
0.5
Minimum FX Spread
City Index
Read Review
Dukascopy200:1
Maximum Leverage
0.1
Minimum FX Spread
Dukascopy
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easyMarkets30:1
Maximum Leverage
3.0
Minimum FX Spread
easyMarkets
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ETX Capital30:1
Maximum Leverage
0.6
Minimum FX Spread
ETX Capital
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FOREX.com30:1
Maximum Leverage
1.4
Minimum FX Spread
FOREX.com
Read Review
FXCC30:1
Maximum Leverage
0.1
Minimum FX Spread
FXCC
Read Review
FXGiants30:1
Maximum Leverage
0.7
Minimum FX Spread
FXGiants
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FXTM30:1
Maximum Leverage
1.3
Minimum FX Spread
FXTM
Read Review
GKFX30:1
Maximum Leverage
0.7
Minimum FX Spread
GKFX
Read Review
IC Markets500:1
Maximum Leverage
1.0
Minimum FX Spread
IC Markets
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IronFX30:1
Maximum Leverage
0.5
Minimum FX Spread
IronFX
Read Review
ITRADER30:1
Maximum Leverage
2.2
Minimum FX Spread
ITRADER
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Markets.com30:1
Maximum Leverage
2.0
Minimum FX Spread
Markets.com
Read Review
NSFX30:1
Maximum Leverage
3.0
Minimum FX Spread
NSFX
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Pepperstone30:1
Maximum Leverage
1.0
Minimum FX Spread
Pepperstone
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Plus50030:1
Maximum Leverage
Minimum FX Spread
Plus500
Read Review
RoboMarkets30:1
Maximum Leverage
1.6
Minimum FX Spread
RoboMarkets
Read Review
Spread Co30:1
Maximum Leverage
0.8
Minimum FX Spread
Spread Co
Read Review
ThinkMarkets30:1
Maximuim Leverage
0.5
Minimum FX Spread
ThinkMarkets
Read Review
TitanFX500:1
Maximum Leverage
1.0
Minimum FX Spread
Titan FX
Read Review
Trade36030:1
Maximum Leverage
1.8
Minimum FX Spread
Trade360
Read Review
UFX30:1
Maximum Leverage
2.0
Minimum FX Spread
UFX
Read Review
USGFX500:1
Maximum Leverage
1.3
Minimum FX Spread
USGFX
Read Review
XM30:1
Maximum Leverage
1.0
Minimum FX Spread
XM
Read Review
Z.com Trade30:1
Maximum Leverage
1.0
Minimum FX Spread
Z.com Trade
Read Review

About Spread Betting and CFD Trading

Many brokers offer CFDs and/or Spread Betting. These products are both based around the movement of an markets's price. CFD trading is based around contracts to exchange the difference between the value of a market at the beginning of the trade and its close.

In Spread Betting, the trader risks a certain sum on price movement, the amount of movement being the difference between the price of a market at beginning of the trade and close, expressed in points or sometimes pips in Forex.

These products allow for higher leverage, but increasing leverage increases risk. Typically brokers may offer Spread Betting services, if they provide them, to residents of the UK and CFDs to these and other nationals. In neither spread betting nor CFD trading does the trader own the underlying market.

Maximum Leverage

Leverage can vary across markets, typically the highest spreads are for Forex and Indices and lower for Commodities and Equities.

Minimum Spread

In the table above, spreads are for Standard account types without commissions. Headline figures for spreads tend to refer to Forex spreads (as they do in the table above). Spreads can be fixed or variable. Fixed spreads may also vary depending on time and market conditions. Variable spreads may have a low average, but they can widen considerably at times, for example volatile market conditions around a news event. Some brokers may offer lower minimum spreads for accounts which require a higher minimum deposit.

Low fixed spreads are available from some brokers, but in common with dealing desk brokers whether offering fixed or variable spreads, there may be effectively or even explicitly restrictions on types of trading which aim to take advantage of low spreads.

Spreads can also be taken from the ECN (from the liquidity sources brokers use), meaning they may be very low, for example from 0 or close to 0, provided there is sufficient liquidity, but there will typically be a commission charge to pay for each side of a round turn trade. However these brokers can be friendly to scalpers and types of automated trading. They may also offer very low average spreads for Forex.

ECN and other brokers brokers may also offer STP (Straight Through Processing) spreads, where the spreads come from a liquidity provider, usually without dealing desk intervention, but have a mark-up from the broker and do not have an additional commission charge.

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