Whether you’re new to the forex trading market or are looking to make a switch from your current broker, there are many factors to consider when choosing the best forex broker for your CFD trading needs. These factors include commission charges, spreads, and customer support.
eToro
eToro forex broker for CFD trading is a financial service company that provides trading services in a variety of financial markets. It offers crypto assets, stocks, and CFDs.
In addition to CFD trading, eToro offers an array of additional features. These include a mobile wallet, Trading School, and a YouTube channel. Its interface is available in 26 languages. There are also real-time market price alerts and news headlines.
To open an eToro account, you must provide some personal information. You must also upload government-issued documents to verify your identity. You can deposit money into your account using credit cards, debit cards, electronic wallets, and bank transfers.
eToro is a market maker broker, meaning it makes money by taking a commission on each trade. It offers low starting commissions for trading CFDs and stocks.
FP Markets
FP Markets is an award-winning forex broker that offers excellent trading conditions. It offers a wide range of accounts and instruments and offers a competitive spread. In addition, FP Markets is an ECN/STP broker, which means that it gives traders access to deep liquidity providers. It is a suitable choice for investors and professional traders.
The FP Markets website features a research section with daily news articles and technical analysis. In addition, it has a comprehensive economic calendar. The site also features daily written articles, a trader’s blog and a trading glossary. The research section is separated into Fundamental Analysis, Technical Reports and Forex News.
The site also features an extensive education section, which provides educational material and training resources. In addition, it features a Multi-Account Manager that allows users to copy transactions from multiple accounts into one. This improves the efficiency of managing trading accounts.
BDSwiss
Whether you are an experienced trader or a newbie, BDSwiss offers forex CFD trading that is both convenient and safe. You can access the trading platform through any computer or mobile device with internet access.
BDSwiss offers several types of accounts, including Classic, Raw and Black accounts. Each account comes with different features. The Raw account offers significantly lower spreads. The Raw account also features commission charges per lot.
The BDSwiss brokerage offers an excellent depth of charting tools, including indicators, and offers a wide range of assets. The brokerage offers CFDs on shares, indices and commodities. It also offers a range of other market assets, including forex pairs. The BDSwiss trading platform can be accessed from mobile devices, and the trading platform offers live chat and customer support.
ActivTrades
ActivTrades is a market maker broker that offers a variety of instruments. Its platform allows you to trade over 500 CFDs. Its user interface is simple and easy to understand. You can use one-click trading or expand your charts to take up the whole screen.
ActivTrades offers one-to-one training for traders. This means that your training will be based on your specific trading needs. You can also attend seminars in the broker’s office.
ActivTrades is also a member of the European Securities and Markets Authority. This is a tier-3 regulatory body that protects your money. Its compensation scheme is up to EUR 20,000.
ActivTrades is regulated by the financial conduct authority in the United Kingdom, the Financial Conduct Authority (FCA). It also is supervised by the European Securities and Markets Authority (ESMA).
ActivTrades accepts clients from most countries in the world. However, the broker does not accept clients from the United States or Canada.
LCG
Founded in 1996, LCG has over 20 years of experience in the trading industry. With offices in the UK and offshore, LCG accepts clients from most countries.
LCG provides a wide range of trading instruments, including stocks, bonds, CFDs, commodities, and spread betting. The broker offers a number of innovative solutions to streamline the trading process, from the opening of an account to the processing of withdrawals.
The LCG website offers several interesting features, including a glossary of financial terms and a news feed. The site also includes a free user manual for its MetaTrader 4 (MT4) platform.
LCG’s trading platform is well-designed and easy to use. Aside from the main trading platform, there is also a mobile application. The broker also offers premium services for high-balance clients.
