List of the most reputable CFD brokers

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Trading CFDs allows traders to make profits on both sides of the market (bullish or bearish). Therefore, regardless of market conditions and trends, traders will find opportunities to make profits. This is a striking difference between CFD trading and underlying asset trading. However, not all brokers are reputable and suitable for all audiences. The following article shares how to choose a CFD broker and introduces a list of the most reputable CFD brokers today.

How to choose a reputable CFD broker?

When choosing a CFD trading platform, there are several points that traders need to consider as follows:

Regulatory and legal: A reputable broker is licensed and regulated by legal authorities such as FCA, CySec,…. This ensures the safety of the invested capital as well as minimizes risks for users. Many brokers are scams. Therefore, the trader needs to research different brokers, find out their information on Google along with terms like a scam and then evaluate the results. Alternatively, traders can also find out if a broker is reputable or not by searching through reviews from individual users and well-known websites.

Trading Fees: Commissions and spreads are the most important factors when choosing a CFD broker because they affect trading profits. Low transaction fees help traders save some money, especially for frequent traders. Usually, CFD brokers charge a spread when a trader opens an order. However, the spread between brokers is not the same. Therefore, traders need to choose CFD brokers with minor/moderate fees.

Leverage: Leverage is one of the advantages that CFD brokers offer to traders, allowing traders to open orders with a larger volume than the actual capital. However, traders also need to learn how to manage risks when using leverage and use leverage appropriately.

Trading Platform: An easy-to-use, intuitive trading platform will help traders quickly get acquainted and avoid unfortunate mistakes. In addition, various indicators and supporting tools will make trading and analysis of traders more accurate and convenient.

Asset Types: Some brokers may limit the number of CFD assets. Before choosing a broker, a trader needs to determine if that broker offers the types of assets he wants to trade.

Risk management tools: Hedging tools such as stop-loss are provided to control losses when the market is volatile. Most brokers offer this tool. However, traders should also check before trading.

How to choose a reputable CFD broker? List of the most reputable CFD brokers. The advantages of each broker.

List of the most reputable CFD brokers

  1. is the world’s leading reputable CFD broker, allowing a wide range of assets to be traded from stocks, indices, forex to cryptocurrencies, commodities, and ETFs. With a simple interface, easy-to-use, low spreads,… has won many awards and is highly rated by users on TrustPilot, Google Play, and Apple Store.

Advantages of trading on

  • Register and verify accounts quickly and easily.
  • Separate trading platform friendly, easy to use even for newbies.
  • Wide range of trading instruments from stocks, indices, cryptocurrencies, forex, commodities, ETFs.
  • Commission-free, low spreads compared to most other CFD brokers.
  • High leverage, adjustable for each individual asset class.
  • Free and diverse deposit/withdrawal methods.
  • Provide risk management tools (stop loss, take profit).
  • Connect with MT4 and Tradingview.
  • Has its own trading guide app (Investmate) – allowing users to access financial investment knowledge.
  • 24/7 customer care service is efficient and fast. Usually, it only takes a few seconds to get an answer from has developed a separate trading platform that is easy to use and allows users to connect directly with MT4 and Tradingview.

* See more: The complete guide from a to z


XM was founded in 2009 with more than 1.5 million users from 196 countries. XM is ranked 170th out of 353 in DailyForex’s top brokers’ list with many advantages on trading platforms and professionalism and reputation.

Advantages of trading on XM

  • Register and verify accounts quickly and easily.
  • The trading platform is simple to use and user-friendly.
  • A trusted broker with FCA registration and CySec regulation.
  • Offers high leverage up to 888:1.
  • Instant transaction execution, no latency.
  • 24/7 customer care by phone, email, or live chat.
  • Register and verify accounts quickly and easily.
  • The trading platform is simple to use and user-friendly.
  • A trusted broker with FCA registration and CySec regulation.
  • Offers high leverage up to 888:1.
  • Instant transaction execution, no latency.
  • 24/7 customer care by phone, email, or live chat.
  • Fast processing of withdrawals
  • An extensive list of account types and trading products.

* See more: The complete guide XM from a to z

3. eToro

Many investors have known eToro as one of the brokers that allow 0% commission to buy stocks. In addition, eToro is also famous for a unique feature called social trading, which makes eToro known as the number one social investment network in the world.

Advantages of trading on eToro.

  • Friendly interface, easy to use even for newbies.
  • Professional charts.
  • No need to install and use complicated trading software
  • Many different investment asset.
  • The tracking, calculation and reporting system is extremely intuitive and easy to understand.
  • Flexible leverage system allows traders to easily increase profits, you can choose the leverage for each transaction.
  • The social network is open to all members’ transactions, traders can easily learn, exchange, copy trade other members.

4. ICMartket

ICMarkets is an Australian broker with the slogan “True ECN”. This means that ICMarkets will completely put a trader’s trading order on the money market (with an ECN account type). This can be considered an advantage of ICMarkets, besides a diverse product system with good spreads.

Advantages when trading on ICMarket:

  • ICMarket is a reputable company regulated by AFSL and ASIC.
  • Client deposits are kept completely separate at Westpac Banking Corporation and National Australia Bank. These are the largest banks in Australia.
  • ICMarket uses ECN technology – helping customers to directly access the market, investors can trade in a real way in the market, avoiding the situation of being held by the floor or correcting orders.
  • Extremely low spreads: The average spread of EURUSD is 0.1 and USDJPY is 0.2; the lowest on the market.
  • Quick order execution. Order matching speed is extremely fast, no requotes.
  • No Limit on Trading: Traders can trade Scalping, Hedging, or Automated trading by Robot without any restrictions.
  • Various deposit/withdrawal ports.
  • Fast and dedicated customer support.


Above are some criteria to choose CFD brokers and some reputable brokers today. In general, trading CFDs is quite flexible but also carries much risk. Depending on their trading needs, traders can choose a suitable broker for them.

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