10 Best CFD Brokers & Platforms in Comparison (List 2025)

A CFD (Contract for Difference) broker is a financial service provider that allows traders to speculate on the price movements of various assets, such as forex, stocks, indices, cryptocurrencies, and commodities, without owning the underlying asset. CFD trading involves going long or short, using leverage to amplify gains (and losses), and carries a high level of risk. Reputable CFD brokers are regulated and offer platforms for speculative trading across multiple markets.

We reviewed and tested various CFD brokers to evaluate their performance, features, and trustworthiness. In this guide, we present our top 10 picks, offering a clear comparison to help you choose the right platform based on your trading needs and risk appetite.

List of the 10 Best CFD Platforms:

This section reviews each of the top 10 CFD brokers, focusing on key facts and insights from our personal testing and review process.

1. BlackBull Markets

BlackBull Markets is a dream come true for high-frequency CFD traders, thanks to its lightning-fast execution and deep liquidity. When we tested their CFD platform, we were blown away by the speed and reliability of trade executions – no lag, no slippage, just smooth trading. This kind of performance is a game-changer for traders who need to move quickly in the market, and that is why it is our winner in the CFD Broker comparison. The CFD platform also has advanced charting tools and asset classes, from forex to indices and commodities.

Another highlight of BlackBull Markets is its commitment to providing a robust and feature-rich trading environment. The CFD platform offers customizable options, allowing traders to tailor their setup to fit their needs. We also appreciated the seamless integration with popular trading platforms like MetaTrader 4 and MetaTrader 5, further enhancing the trading experience. Also, let’s not forget their stellar customer support: professional, quick, and always ready to help. 

Feature	Information
Spreads and Commission	Webinars, tutorials, and an education hub,
Trading Platforms	MetaTrader 4, MetaTrader 5, MetaTrader Web Trader, cTrader, TradingView, and BlackBull Trade.
Asset Types	Forex, commodities, indices, cryptocurrencies, futures, and stock.
Tradable Assets	Over CFDs 26,000
Leverage	500:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Webinars, tutorials,and an education hub,
Regulation	Financial Services Authority in Seychelles

2. FP Markets

FP Markets excels with its competitive spreads and exceptional customer service, making it our second-best CFD broker. When we started using their platform, it was clear that FP Markets is designed with both beginners and experienced traders in mind. The interface is clean and intuitive, making navigating various tools and features easy. The broker offers a wide range of CFDs, including forex, indices, and commodities, providing ample opportunities for diverse trading strategies.

Our experience with FP Markets was smooth and hassle-free. The execution speed was reliable, and the platform’s advanced charting tools and analytical resources catered well to more sophisticated trading needs. We also appreciated the wealth of educational materials available, which is perfect for new traders looking to get up to speed. Customer support was helpful, ensuring that any issues were quickly resolved. 

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – From no commission to $3 per lot
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS, and WebTrader.
Asset Types	Forex, stocks, indices, commodities, cryptocurrency, and ETFs.
Tradable Assets	Over 10,000 CFDs
Leverage	500:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Video tutorials and trading glossary.
Regulation	ASIC, FSCA, FSA, FSC, and CySEC.

3. Vantage Markets

Vantage Markets offers a sophisticated and accessible trading experience. As we navigated through the CFD broker, we found the design sleek and intuitive, making it easy for newbies and seasoned traders to find the needed features. What grabbed our attention were the educational resources. With webinars, tutorials, and in-depth market analysis, Vantage Markets ensures you have all the tools you need to trade smartly.

Our hands-on testing also highlighted Vantage Markets’ quick and reliable trade execution. This is a big win if you want to capitalise on market opportunities without delay. Plus, the platform supports a variety of trading instruments, from forex to commodities and indices, giving you plenty of options to diversify your portfolio. The broker also supports the top trading platforms such as Vantage App, MetaTrader 4, MetaTrader 5, and ProTrader.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – From $3 per lot
Trading Platforms	Vantage App, MetaTrader 4, MetaTrader 5, and ProTrader.
Asset Types	Forex, stocks, indices, commodities, bonds, and ETFs.
Tradable Assets	Over CFDs 1,000
Leverage	500:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Courses, webinars, and ebooks.
Regulation	Australian Securities and Investments Commission

4. RoboForex

RoboForex brings a lot to the table, especially for traders looking to start with low minimum deposits. As we explored their CFD platform, we found it versatile and packed with features. One of the standout aspects is the variety of account types available, allowing traders to choose one that best suits their trading style and financial goals. The availability of multiple trading platforms, including the popular MT4 and MT5, adds to the flexibility and appeal of RoboForex.

Our hands-on experience with RoboForex was quite positive. The platform’s execution speed was reliable, and the trading tools and automated systems provided an excellent trading environment. The customer support team was responsive and knowledgeable, ready to assist with any questions. Additionally, RoboForex offers a range of educational resources that can help traders improve their skills and knowledge.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – 0%
Trading Platforms	MetaTrader 4, MetaTrader 5, and R Stocks Trader.
Asset Types	Stocks, indices, futures, ETFs, commodities, and forex.
Tradable Assets	Over CFDs 12,000
Leverage	2000:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	None
Regulation	Financial Services Commission (FSC) of Belize

5. Moneta Markets

Moneta Markets caught our attention with its user-friendly platform and robust analytics. Setting up an account was a breeze, and navigating the platform felt easy and straightforward. Moneta Markets seems to focus on making the CFD trading experience seamless, a significant plus for novice and experienced traders.

During our review, we found the market analysis tools impressive. These tools provide detailed insights that can help traders make well-informed decisions. Moneta Markets’ competitive spreads, starting at 0.0 pips, make it an attractive option for those looking to minimise trading costs. Furthermore, the CFD broker offers the best trading software, such as MetaTrader 4, MetaTrader 5, Pro Trader, and MT4 WebTrader.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – from no commission to $3 per lot
Trading Platforms	MetaTrader 4, MetaTrader 5, Pro Trader, and MT4 WebTrader.
Asset Types	Forex, commodities, indices, ETFs, bonds, and stocks.
Tradable Assets	Over CFDs 1,000
Leverage	1000:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Blogs and guides.
Regulation	Cayman Islands Monetary Authority and Financial Sector Conduct Authority.

6. Pepperstone

Pepperstone excels with its strong regulatory backing and diverse range of trading instruments. The CFD broker offers different account types, such as the Standard and Razor accounts, with the Razor account providing no commission. This makes it a fantastic option for active traders seeking to minimise trading costs.

The integration with top trading platforms like MetaTrader 4, MetaTrader 5, TradingView, and cTrader is a significant plus. These platforms offer flexibility and a range of advanced tools. We appreciated these platforms’ customizable charting features, automated trading options, and extensive technical analysis tools. 

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – From no commission to $3 per lot
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, and TradingView
Asset Types	Forex, commodities, indices, cryptocurrency, stocks, and ETFs.
Tradable Assets	Over CFDs 1,200
Leverage	500:1
Customer Support	Email and phone support.
Demo Account	Yes
Educational Content	Webinars, educational videos, and trading guides.
Regulation	FCA, ASIC, and DFSA.

7. IC Trading

IC Trading is notable for its extensive educational resources and powerful trading platforms. Our review found that the CFD broker offers various educational tools, including tutorials and detailed market analysis. These resources are excellent for traders looking to enhance their trading skills and knowledge.

The CFD platform integrates seamlessly with MetaTrader 4, cTrader, and MetaTrader 5. These trading software providers provide advanced charting tools and a wide range of technical indicators, ideal for traders using complex strategies. In our testing, we appreciated the platform’s reliability and fast execution speeds, essential for taking advantage of market opportunities.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – From no commission to $3.50 per lot
Trading Platforms	MetaTrader 4, MetaTrader 5, and cTrader.
Asset Types	Forex, commodities, indices, stocks, bonds, and cryptocurrency.
Tradable Assets	Over CFDs 2,250
Leverage	500:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Tutorials and blogs
Regulation	Financial Services Commission of Mauritius

8. Tickmill

We recommend Tickmill because it has some of the lowest spreads compared to other CFD brokers, starting from 0.0 pips, and charges a very competitive commission of $3 per side per 100,000 traded on their Classic Account. These low costs are a big win for traders who maximise their returns.

Moreover, the CFD platform’s execution speed averages just 0.15 seconds, ensuring you can exploit market opportunities. With over 60 currency pairs, indices, commodities, and bonds available for trading, Tickmill provides plenty of options to diversify your trading portfolio. Customer support didn’t disappoint either – responsive and knowledgeable, they were available via live chat, email, and phone. Overall, Tickmill’s blend of low trading costs, efficient platform, and reliable customer service makes it a top choice for cost-conscious traders.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.0 pips Commission – From $3 per lot
Trading Platforms	MetaTrader 4, MetaTrader 5, MetaTrader Web Trader, and TickMill App.
Asset Types	Forex, stocks, indices, commodities, bonds, and cryptocurrency.
Tradable Assets	Over CFDs 1,000
Leverage	300:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	Infographics, tutorials, articles, webinars, and ebooks.
Regulation	CySEC, FSA, FCA, DFSA UAE, Labuan FSA, and FSCA.

9. FBS

FBS stands out for its flexible leverage options, making it an attractive choice for traders looking to maximise their potential returns. Our review of the CFD broker revealed a user-friendly interface perfect for traders of all experience levels. The CFD broker offers leverage up to 1:3000, one of the highest in the industry. In our testing, FBS impressed us with its low spreads, starting at 0.7 pips. 

Furthermore, FBS provides a news section that covers developments in the financial sector, which can help with trading decisions. Customer support is available 24/7 via live chat, email, and phone, ensuring traders can get help whenever needed. Also, the broker is regulated by CySEC, an established and well-trusted regulator.

Feature	Information
Spreads and Commission	Varies based on account:Spread – from 0.7 pips Commission – From no commission to $3.50 per lot
Trading Platforms	FBS app, MetaTrader 4, and MetaTrader 5.
Asset Types	Forex, stocks, indices, and commodities.
Tradable Assets	Over CFDs 50
Leverage	3000:1
Customer Support	Email, live chat, and phone support.
Demo Account	Yes
Educational Content	FBS Academy
Regulation	CySEC

10. VT Markets

VT Markets offers competitive pricing and advanced trading features that caught our attention. We found the CFD broker easy to navigate and packed with valuable tools, like copy trading, economic calendar, and MT4 tools. The standout feature is the tight spreads, starting from 0.0 pips on their Raw ECN account, coupled with a low commission of $6 per side per lot. This pricing model is perfect for cost-conscious people who don’t want to sacrifice quality.

We also appreciated VT Markets’ integration with MetaTrader 4 and MetaTrader 5, which brings advanced charting tools, automated trading options, and a wide range of technical indicators. The platform’s fast execution speeds were impressive during our testing, ensuring trades were completed quickly and efficiently. VT Markets supports a variety of trading instruments, including forex, indices, commodities, and cryptocurrencies, providing ample opportunities for diversification. 

Feature	Information
Spreads and Commission	MetaTrader 4, MetaTrader 5, Webtrader, andthe VT Markets app.
Trading Platforms	Email, help centre, and live chat.
Asset Types	Forex, stocks, indices, ETFs, bonds, and commodities.
Tradable Assets	Over CFDs 1,000
Leverage	500:1
Customer Support	Email, help center, and live chat.
Demo Account	Yes
Educational Content	VT Markets Academy
Regulation	ASIC, FSCA, and Mauritius FSC

Our Review Methodology to Test CFD Brokers:

To ensure our reviews are accurate and unbiased, we follow a guideline approach to evaluate each CFD broker. Our methodology focuses on several key aspects to provide a comprehensive overview of each broker’s offerings. Here’s how we conduct our reviews:

Platform Usability and Features

We evaluate the CFD broker’s trading platform for usability and functionality. This includes the interface design, ease of navigation, and availability of advanced trading tools like charting capabilities, technical indicators, and automated trading options. We test both desktop and mobile versions to ensure a consistent trading experience.

Costs and Fees

We examined the CFD broker’s fee structure, including spreads, commissions, overnight financing costs, and any additional fees like withdrawal or inactivity fees. Comparing these costs helps us determine each broker’s overall cost-effectiveness, with a focus on transparency and impact on traders’ profitability.

Trade Execution and Reliability

We test the CFD broker’s trade execution speeds and reliability by placing trades in real market conditions. We evaluate how quickly and accurately trades are executed and check for any significant slippage. We also assess the platform’s stability during high volatility periods to ensure it can handle active trading demands.

Range of Instruments

Portfolio diversification requires a diverse range of trading instruments. We evaluate the variety of CFDs available, including forex, indices, commodities, cryptocurrencies, and other assets. We also consider the depth and liquidity of these markets. 

If you want to learn how to diversify your portfolio properly, join WR Trading, which is run by multiple professional traders. You’ll learn strategies, tips, and helpful information for CFD trading there.

Educational Resources

We review the quality and accessibility of the CFD broker’s educational materials, such as webinars, tutorials, articles, and market analysis. Comprehensive educational content helps CFD traders improve their skills and make informed decisions.

Customer Support

Customer support is tested through live chat, email, and phone. We assess the responsiveness, professionalism, and helpfulness of the support team. Adequate customer support is essential for resolving issues quickly and ensuring a smooth trading experience with CFDs.

Regulatory Status and Security

We verify each broker’s regulatory status by checking their registration with relevant financial authorities. Additionally, we assess the security measures to protect clients’ funds and personal information, ensuring a safe and trustworthy CFD trading environment.

How Does a CFD Broker Work?

A CFD (Contract for Difference) broker facilitates trading by providing a platform where traders can speculate on the price movements of various financial instruments without owning the underlying assets. Here’s a closer look at how CFD brokers operate:

How CFDs Work

CFDs allow traders to open positions on an asset’s price direction. Traders can go long (buy) if they anticipate the price will rise or go short (sell) if they expect the price to fall. The difference between the opening and closing prices of the contract determines the trader’s profit or loss.

Broker’s Role

The CFD broker acts as an intermediary, providing the platform and tools for trading. Brokers offer access to various markets, including forex, indices, commodities, and cryptocurrencies.

How Brokers Make Money

CFD brokers earn money through spreads, commissions, and overnight financing charges. The spread is the difference between a CFD’s buying and selling prices. Commissions are fees charged per trade, and overnight financing is a fee charged when a position is held overnight.

Does a CFD Broker Trade Against Its Client?

The question of whether a CFD broker trades against its client depends on the type of broker model they use:

A-Book Brokers

A-Book brokers, STP (Straight Through Processing) or ECN (Electronic Communication Network), pass their clients’ trades directly to the market. They do not take the opposite side of the client’s trades, thus eliminating any conflict of interest. Instead, they earn money from spreads and commissions.

B-Book Brokers

On the other hand, B-Book brokers take the opposite side of their clients’ trades. They effectively act as the counterparty, meaning they profit when the client loses and vice versa. This model can create a potential conflict of interest, as the broker might benefit from the client’s losses.

Hybrid Approach

Most brokers use a combination of A-Book and B-Book models. They don’t trade against each client individually; instead, they monitor the overall exposure of all clients’ trades and decide which trades to pass directly to the market (A-Book) and which to handle internally (B-Book). This approach allows brokers to manage risk more effectively while providing a balanced trading environment for their clients.

Regulation of CFD Brokers

Regulation is critical when selecting a CFD broker, as it ensures the broker operates within a legal framework designed to protect traders. Regulated brokers are monitored by financial authorities, which helps maintain transparency, security, and fairness in the trading environment. Here’s why regulation is necessary and how you can verify if a broker is regulated:

Importance of Regulation

Regulated brokers follow strict guidelines that safeguard traders’ interests. These guidelines typically include:

• Segregation of Client Funds: Client funds are kept separate from the broker’s operating funds, protecting traders’ money even if the broker encounters financial issues.
• Regular Audits: Financial authorities conduct regular audits to ensure brokers follow industry standards.
• Fair Trading Practices: Regulated brokers must engage in fair trading practices, which prevent market manipulation and ensure transparent pricing.

How to Find Out if My CFD Broker Is Regulated

Verifying a broker’s regulatory status is essential before opening an account. Here’s a straightforward guide on how to check if your CFD broker is regulated:

1. Broker´s Website
2. Regulatory Authority’s Website
3. Broker’s Details

Step 1: Visit the Broker’s Website

Start by visiting the broker’s official website. Reputable brokers usually display their regulatory information prominently. Look for details such as the regulatory authority and the broker’s license number. This information is often found in the footer of the homepage or under sections like “About Us” or “Legal Information.”

Step 2: Visit the Regulatory Authority’s Website

After noting the regulatory authority and license number, go to the official website of the regulatory authority mentioned. Most financial regulatory bodies have a searchable database where you can verify the broker’s credentials.

Step 3: Verify the Broker’s Details

Enter the broker’s name or license number into the search bar of the regulatory authority’s database. Confirm that the details match the information provided on the broker’s website. Check their license status to ensure it is active and in good standing. Ensure that the company name, address, and license number are consistent with what the broker has listed on their website.

Fees and Costs When Trading CFDs

Understanding the fees and costs of trading CFDs (Contracts for Difference) helps manage your trading budget and maximise profitability. Here are the main types of fees you should be aware of when trading CFDs:

Spreads

The spread is the difference between a CFD’s buying price (ask) and the selling price (bid). This is a primary cost in CFD trading. Depending on market conditions, brokers typically offer variable spreads, which can widen or narrow. It’s essential to compare spreads across brokers, as slight differences can impact your overall trading costs, especially if you trade frequently.

Commissions

Some brokers charge a commission on each trade. This fee is usually a fixed amount per trade or a percentage of the trade value. Brokers that charge commissions often offer lower spreads, which might benefit high-volume traders. Always check both the spread and commission structures to understand the total cost of each trade.

Overnight Financing Fees

Also known as swap rates, these fees are charged when you hold a CFD position overnight. The cost depends on the direction of your trade (long or short) and the interest rate differential between the currencies in the pair you are trading. If you hold positions for extended periods, these fees can add up, so it’s important to factor them into your trading strategy.

Inactivity Fees

Some brokers charge inactivity fees if your trading account remains dormant for a specified period. These fees can be fixed monthly and can eat into your trading capital if you don’t trade regularly. Check the broker’s policy on inactivity fees and consider how often you plan to trade.

Withdrawal Fees

Withdrawal fees are charged when you transfer funds from your trading account to your bank account. These fees can vary based on the withdrawal method and withdrawal amount. Some brokers offer free withdrawals, while others charge a fee for each transaction. 

Data Feed Fees

Some brokers charge for access to premium data feeds or advanced charting tools. While many brokers include basic data and charting tools for free, advanced features might come with additional costs. Evaluate whether these tools are necessary for your trading strategy and consider the cost implications.

How to Avoid CFD Trading Platform Scams:

CFD trading offers exciting opportunities and attracts scams and fraudulent brokers. Protecting yourself from these scams requires vigilance and knowledge. If you’re having trouble figuring out what platforms to avoid, the professional traders at WR Trading will gladly help. They offer 1-on-1 help, trade analysis, and guidance in trading. Here are some essential tips to help you avoid CFD trading scams:

Choose Regulated Brokers

The most crucial step is to ensure that a recognised financial authority regulates your broker. Regulated brokers must adhere to strict standards and are regularly audited, providing additional security for traders. Always verify the broker’s regulatory status on the official website of the regulatory authority.

Research the Broker’s Reputation

Before committing to a broker, research their reputation thoroughly. Read independent reviews, check trader forums, and look for negative feedback or red flags. Be wary of brokers with consistent complaints about withdrawal difficulties, poor customer service, or unfair practices.

Be Wary of Unrealistic Promises

Scammers often lure traders with promises of guaranteed high returns and risk-free trading. All trading involves risk, and no legitimate broker can guarantee profits. Be sceptical of any broker or trading system that makes such claims.

Check for Transparency

A trustworthy broker should be transparent about fees, charges, and trading conditions. Ensure you understand the broker’s fee structure, including spreads, commissions, overnight fees, and other potential costs. Avoid brokers who are vague or evasive about these details.

Educate Yourself

Knowledge is your best defence against scams. Take the time to learn about CFD trading, common scams, and how to recognise warning signs. The more informed you are, the better equipped you’ll be to spot and avoid fraudulent schemes.

Conclusion: BlackBull is our Top CFD Broker

To summarise, at WR Trading, we’ve looked at the top CFD brokers and their unique advantages. Our top winners are: 

They offer competitive spreads, advanced trading tools, and robust regulatory frameworks. When looking for a CFD trading platform, focus on key factors like regulations, fees, platform usability, and customer support. The right trading broker is essential to save costs and ensure quick order execution.

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