| Online Broker | Position | Minimum Deposit | Online Trading Platforms | About |
|---|---|---|---|---|
| Plus500 | 1 Position | $100 Minimum Deposit | Plus500 Platform Trading Platforms | 2000+ CFDs to trade on an intutive, user friendly platform About |
| City Index | 2 Position | $150 Minimum Deposit | MT4, Web Trader Trading Platforms | Wide range of markets to trade on a user friendly Web Trader plus MT4 About |
| Vantage | 3 Position | $200 Minimum Deposit | MT4, MT5 Trading Platforms | Broker with support for automated trading on MT4 and MT5 About |
| FOREX.com | 4 Position | $50 Minimum Deposit | Web Trader, MT4, Advanced Platform Trading Platforms | Major MT4 broker with a user friendly Web Trader About |
| eToro | 5 Position | $200 Minimum Deposit | CopyTrader Trading Platforms | Multi-asset broker with social and copy trading integrated into its user friendly platform About |
| IQ Option | 6 Position | $10 | IQ Option Platform Minimum Deposit | User friendly platform with a range of types of markets to trade About |
| easyMarkets | 7 Position | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Trading Platforms | Fixed spread broker offering trading on MT4 and its user friendly platform About |
| RoboMarkets | 8 Position | $100 Minimum Deposit | R Stocks Trader Web Trader, MT4, MT5 Trading Platforms | MT4 and MT5 plus 12,000+ CFDs on R Stocks Trader About |
| Oanda | 9 Position | None Minimum Deposit | MT4, MT5 Trading Platforms | Oanda Global offer trading on MT4 and MT5, with a wide range of trading tools About |
| ThinkMarkets | 10 Position | None Minimum Deposit | MT4, MT5, ThinkTrader Minimum Deposit | MT4 and MT5 along with user friendly ThinkTrader About |
Top 10 CFD Brokers - Online CFD Trading
This table contains 10 well known brokers offering Contracts For Difference (CFD) trading in a range of markets, all providing web traders designed for the human trader. Some also offer online trading platforms which can be used for automated trading, if the trader wants to use trading robots (and thus apply automated CFD trading).
However the main focus of this table is on this idea of a CFD broker: one which offers a user friendly trading platform which can be used by a wide range of traders, from beginner to more advanced and has a range of markets letting the trader trade markets, without owning them.
The value of a CFD is referenced to the value of the traded market. The trader trades with the CFD provider and does not buy or sell the market.
The CFD lets the trader trade on price difference. In general a trade is based on a speculation about price movement, thus a CFD takes this part of the trade and makes it what the trade is. As the trader neither buys or sells an underlying market, they can go long (speculate on a rising market) or go short (speculate on a falling market). Leverage is also available, but increasing leverage increases risk.
A trade is about speculation based on value over time, and a CFD captures the idea of trading on value based on suppositions about how a market will move. The trader can use a provided trading platform, applying charting tools to form an analysis and supplement this with fundamental data about the market and its wider context.
CFDs arguably capture an idea of accessibility and these brokers are chosen to express this idea, in terms of having reasonable minimum deposit requirements as well as accessible trading platforms.
