Best Cfd Brokers And Trading Platforms For 2025
IG is a highly regulated brokerage platform boasting an extensive selection of over 17,000 tradeable markets, competitive pricing, and a world-class trading suite. Traders can place their CFD bets on its mobile app and web-based platform.
IG offers forex, CFDs, exchange-traded turbos, options, and futures, alongside other derivatives such as over-the-counter OTC options. Its CFD options span global markets and various asset classes.
The platform offers market maker execution as well as agency execution on its commission-based Forex Direct account. This means traders can choose the best method for their trading needs, regardless of their CFD strategy. Its active trader program can help you earn deep discounts on trading costs, depending on your monthly trading volume.
2. SaxoSaxo is a long-running multi-asset brokerage that caters to the needs of global investors and traders. The platform boasts a wide range of over 70,000 different investment products that can be traded across its SaxoTraderGo and SaxoTraderPRO suites.
Saxo claims to offer one of the largest selections of CFDs from over 60 forex brokers. As a multi-asset trading platform, it also offers underlying shares, exchange-traded turbos, futures, options, Exchange-Traded Funds ETFs , mutual funds, bonds, OTC forex, and options trading. Many of these assets can be traded as CFDs on the platform across global markets.
However, Soxo is not a discount broker for low-budget investors as there is a minimum commission charged from traders depending on their trade size. That said, there is the potential for competitive pricing when executing larger orders. The average spreads can drop much further if you are a VIP or Platinum account holder.
3. Interactive BrokersInteractive Brokers is among the top trading platforms due to the sheer number of markets and global exchanges it gives access to. The platform is also a great choice for CFD trading, and despite not boasting the range of products as IG or Saxo, it covers most of the popular CFDs available in the market and caters equally to both beginner and experienced traders.
Interactive Brokers offers over 6,000 CFDs across 18 major global exchanges. Its criteria for CFD inclusion are based on companies that have a market cap of at least 500 million and an average trading volume of at least 600,000 worth of their shares.
One major advantage of using Interactive Brokers is its pricing for CFD trading, where the price of the stock CFD is identical to the exchange-quoted price. Forex trading is also a big part of Interactive Brokers' CFD offerings, and as with most platforms, it can be traded from within the app and account.
How To Choose The Right CFD Trading Platform?There is a wide range of CFD brokerages in the market, and choosing one that caters to your individual trading needs can be a daunting task. Since it is an important decision to make, we have listed the most important factors to consider when picking a trading platform:
RegulationAlways make sure that the CFD brokerage you choose is licensed and regulated by reputable agencies. It is always risky to deal with unlicensed brokers as it increases the chance of falling victim to investment scams.
MarketsVerifying the range of markets and tradeable instruments offered by the broker is crucial. While trading needs and strategies may vary from one person to another, it is ideal to choose a broker that provides access to a wide range of assets and asset classes, such as forex, stocks, commodities, indices, and even cryptocurrencies .
FeesResearching the fee structure of CFD brokers is another important step to make before entering the market. The fees may include spreads, commissions, overnight fees, swap rates, inactivity, and withdrawal fees. It is recommended to pick a platform that offers competitive and transparent pricing.
Demo the PlatformIt is highly recommended to use a demo trading account to evaluate the quality and usability of the platform before entrusting it with your assets. This way, you can ensure that the brokerage's CFD trading mechanism is user-friendly, reliable, and secure. It also allows you to explore the various features offered by the platform without worrying about losses.