Contracts for Difference (CFDs)

The majority of providers are based in either Cyprus or the UK and both countries' financial regulators were first to respond. Various countries have regulators that keep an eagle eye on all financial instrument brokers. Statements consisting only of original research should be removed.

A Comparison of City Index vs. IG vs. EasyMarkets

At the very outset, while choosing a CFD broker, one must determine if the broker is regulated. A regulated broker will display the registration number on the website. Various countries have regulators that keep an eagle eye on all financial instrument brokers. The broker is required to deposit millions of dollars with the regulator, who ensures that the broker runs the business in accordance with the laws and regulations. It is very easy for amateur traders to be fooled by authoritative terminology and legal language.

If the broker you are considering is trading tour orders through a dealing desk , there is every possibility that the broker is manipulating the CFD prices. A non-dealing desk broker allows his traders to trade directly on a common network. This allows for transparency and traders can trade at prices every trader is trading at. One way to tell if the broker is not trading through a dealing desk is to note whether or not the broker is charging a spread or a commission.

Offers over 12, instruments. See Details Try a Demo. Fixed Variable See Spreads. Live chat Phone support Email support Contact Details. Financial Conduct Authority, A Financial Conduct Authority an Let our tool do the hard work of finding your next broker.

Try it Now Visit BrokerNotes. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions.

Here are some areas where City Index scored highly in: Allows hedging 3 languages. Social Trading see alternatives Share Dealing. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.

What is CFD Trading? You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Create Account Demo Account. Markets Spread pricing Min. Index Options Options give you the choice but not the obligation to buy or sell at a specific price before the expiry date. Why trade Indices CFDs? No commission on index trades. Choice of Cash, Futures and Options.

Low Commissions and Financing Rates - Depending on the index, commission rates are only 0. We don't widen the spread of the related future like some other brokers. What you see is what you get. Direct Access to Interbank Quotes - No hidden price spreading, no markup, no kickbacks.

Just the combination of real time prices from 14 of the world's largest FX dealing banks plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.

ECN-Like Market Structure - Our order book allows you to set orders away from or between the markets, and trade with other IB clients as well as with the liquidity-providing banks.

Automatic Overnight Position Rolls - For positions held overnight IB applies a straightforward interest credit or charge based on the difference in the benchmark rates for the two currencies and a low IB spread.