5 Best CFD Forex Brokers
The 5 Best CFD Forex Brokers – Rated and Reviewed. We have listed the Best Forex Brokers for Contracts for Difference trading.
In this in-depth guide, you will learn:
- The Best CFD Forex Brokers – a List
- What is a CFD Broker, Trading Platform, and software?
- Biggest vs Cheapest CFD Forex Brokers
- The Best CFD Broker for Beginners
- Best CFD Stocks to Trade
- CFD vs Forex – Which is Better?
- Can You trade Forex without CFDs?
and much, MUCH more!
| 🔎 Broker | 🚀 Open an Account | ⭐ Trading Platforms | 💴 Min. Deposit |
| 🥇 FP Markets | 👉 Click Here | MetaTrader 4, MetaTrader 5, cTrader |
100 USD |
| 🥈 Octa | 👉 Click Here | MetaTrader 4, MetaTrader 5, OctaTrader |
25 USD |
| 🥉 FxPro | 👉 Click Here | MetaTrader 4, MetaTrader 5, cTrader |
100 USD |
| 🏅 Pepperstone | 👉 Click Here | MetaTrader 4, MetaTrader 5, cTrader |
None |
| 🎖️ XM | 👉 Click Here | MetaTrader 4, MetaTrader 5 |
5 USD |
5 Best CFD Forex Brokers (2025)
- ☑️ FP Markets – Overall, Best Forex Broker for CFD Trading
- ☑️ Octa – Best MetaTraderder 5 Forex Broker
- ☑️ FXPro – Best Online Trading Experience
- ☑️ Pepperstone – Popular Broker for Beginner Traders
- ☑️ XM – Low Minimum Deposit Broker
1. FP Markets
FP Markets is a globally recognized broker that provides access to various financial instruments, including Forex and CFDs on Indices, Stocks, Commodities, and Cryptocurrencies. The broker is well-regarded for its low-cost trading environment.
| 🔎 Broker | 🥇 FP Markets |
| 📌 Year Founded | 2005 |
| 👤 Amount of Staff | Approximately 200+ |
| 👥 Amount of Active Traders | Over 140,000 |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | ASIC, CySEC, FSCA, CMA |
| 🌎 Country of Regulation | Australia, Cyprus |
| ⚙️ Safety and Security | High |
| ↪️ Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | CySEC regulated accounts |
| ⭐ Investor Protection Schemes | Up to €20,000 (CySEC) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 🪙 Minor Account Currencies | AUD, USD, EUR, GBP, SGD, HKD, JPY, NZD |
| 💴 Minimum Deposit | 100 USD |
| ⏰ Average Deposit/Withdrawal Time | Varies |
| 💶 Fund Withdrawal Fee | None |
| 📈 Spreads From | 0.0 pips |
| 📉 Commissions | $3 per side per lot |
| 📊 Number of Base Currencies Supported | 10+ |
| 🔃 Swap Fees | ✅Yes |
| 📌 Leverage | Up to 1:500 |
| 📍 Margin Requirements | Varies by asset and leverage |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | |
| 🖇️ VPS Hosting | ✅Yes |
| 📊 CFDs Total | Over 10,000 |
| 📈 CFD Stock Indices | 14 |
| 🍎 CFD Commodities | 12 |
| 📉 CFD Shares | 10,000+ |
| 💴 Deposit Options | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, FasaPay, BPAY |
| 💶 Withdrawal Options | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, FasaPay, BPAY |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS |
| 💻 OS Compatibility | Windows, Mac, iOS, Android |
| 🖱️ Forex Trading Tools | VPS, Autochartist, Trading Central |
| ⚙️ MAM/PAMM | ✅Yes |
| ❤️ Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email | supportsc@fpmarkets.com |
| ☎️ Customer Support Contact Number | +44 20 3831 3622 |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube, |
| ✔️ Languages Supported | Multiple |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, eBooks, Videos, Tutorials |
| 📒 Partnerships and Programs | ✅Yes |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | Thousands |
| 🗄️ IB Program | ✅Yes |
| 📇 Sponsors Events or Teams | ✅Yes |
| 💴 Rebate Program | ✅Yes |
| 💶 Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
CFDs Overview
FP Markets offers over 10,000 CFDs across different asset classes, allowing traders to speculate on price movements without owning the underlying asset.
| 🔎 Asset Class | 🔢 Number of CFDs | ⭐ Examples – Available CFDs |
| 📈 Forex | 60+ Currency Pairs | EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/GBP |
| 📉 Indices | 14 Global Indices | US 500 (S&P 500), UK 100 (FTSE 100), Germany 30 (DAX), AUS 200 (ASX 200) |
| 📊 Stocks | Over 10,000 Stocks | Apple (AAPL), Amazon (AMZN), Google (GOOGL), Tesla (TSLA) |
| 🍎 Commodities | 12 Commodities | Gold (XAU/USD), Silver (XAG/USD), Crude Oil (WTI), Brent Oil, Natural Gas |
| 🪙 Cryptocurrencies | 5 Major Cryptos | Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD), Bitcoin Cash (BCH/USD) |
Trading Platforms
FP Markets offers several excellent Trading Platform options, including MetaTrader 4, MetaTrader 5, Iress, WebTrader, and, a Proprietary Mobile App. Here is an overview of MetaTrader 4 and MetaTrader 5.
MetaTrader 4
MetaTrader 4 is one of the Most Popular Forex Trading Platforms in the world. Notable factors and features include:
- 32-bit Mono-threaded Platform
- 30 Technical Indicators
- 31 Graphical Objects for Chart Patterns
- Single Back Testing
- 9 Time Frames
- 4 Order Types
In addition, the platforms are suitable for Windows, WebTrader, Mac, iOS, and Android.
| 🔎 Platform | 🥇 MetaTrader 4 (MT4) |
| 📈 Developer | MetaQuotes Software Corp. |
| 📉 Year Released | 2005 |
| 📊 Operating Systems Supported | Windows, macOS, iOS, Android |
| 💹 Trading Instruments | Forex, CFDs Indices, Commodities, Stocks, Cryptocurrencies |
| 💱 Order Types | Market Order, Limit Order, Stop Order, Stop-Limit Order |
| 📌 Execution Types | Instant Execution, Market Execution |
| 📍 Charting Tools | 30+ Technical Indicators, Multiple Timeframes, Customizable Charts |
| ⏰ Timeframes | 9 Timeframes |
| ⚡ Order Execution Speed | Milliseconds |
| ⭐ Automated Trading | EAs for algorithmic trading |
| 🎨 Customization | Fully customizable charts, indicators, scripts, Expert Advisors |
| 🚨 Backtesting | Available |
| ↪️ Multiple Account Management | Supports multiple accounts |
| 🔐 Security | 128-bit SSL encryption, extended two-factor authentication |
| ⚙️ Alerts and Notifications | Price Alerts, Push Notifications, Email Alerts |
| 💡 Order History | Detailed order history, reporting tools |
| 🥰 Community and Resources | Large online community, access to MetaTrader Market, Code Base |
| ☎️ Mobile Trading | Full-featured mobile apps |
| 💻 Web Trading | ✅Yes |
| 🎭 Languages Supported | 30+ Languages |
| 🩷 Customer Support | Provided by Broker |
| 📰 Integrated News Feed | ✅Yes |
| 🚩 Multi-Device Syncing | ✅Yes |
| 🫶 Broker Integration | ✅Yes |
| 🔧 Additional Tools | VPS Hosting, MQL4 Programming Language |
| 🥺 Drawbacks | Outdated interface when compared |
| 🚀Open an Account | 👉 Click Here |
MetaTrader 5
MetaTrader 5 is a technologically advanced multi-asset platform specifically designed for trading Forex and CFDs. Notable factors and features include:
- 64-bit Multi-threaded Platform
- Separate Accounting of Orders & Trades
- Depth of Market Functionality (DOM)
- 38 Technical indicators
- 44 Graphical Objects for Chart Patterns
- Multiple Back Testing
- 21 Time Frames
- 8 Order Types
- MQL4 & MQL5 Languages
Moreover, MT5 Supports All Types of Execution Modes.
| 🔎 Platform Name | 🥇 MetaTrader 5 (MT5) |
| 📈 Developer | MetaQuotes Software Corp. |
| 📉 Year Released | 2010 |
| 📊 Operating Systems Supported | Windows, macOS, Linux, iOS, Android |
| 💹 Trading Instruments | Forex, CFDs Indices, Commodities, Stocks, Cryptocurrencies, Futures, Bonds |
| 💱 Order Types | Market Order, Limit Order, Stop Order, Stop-Limit Order, Trailing Stop |
| 🖥️ Execution Types | Market Execution, Instant Execution, Exchange Execution |
| 💻 Charting Tools | 80+ Technical Indicators, Multiple Timeframes, Customizable Charts |
| 🖱️ Timeframes | 21 Timeframes |
| ⭐ Order Execution Speed | Milliseconds |
| ⚡ Automated Trading | Supports Expert Advisors (EAs), MQL5 for algorithmic trading |
| 🎨 Customization | Fully customizable charts, indicators, scripts, Expert Advisors |
| 📌 Backtesting | Multi-currency backtesting with tick data |
| 📍 Multiple Account Management | Supports multiple accounts |
| 🔐 Security | 128-bit SSL encryption, extended two-factor authentication |
| 🚨 Alerts and Notifications | Price Alerts, Push Notifications, Email Alerts |
| ✒️ Order History | Detailed order history |
| 🥰 Community and Resources | Large online community |
| 📲 Mobile Trading | Full-featured mobile apps |
| 🖥️ Web Trading | ✅Yes |
| 🎭 Languages Supported | 30+ Languages |
| 🩷 Customer Support | Provided by brokers using MT5 (varies by broker) |
| 📰 Integrated News Feed | ✅Yes |
| ↪️ Multi-Device Syncing | ✅Yes |
| ⏩ Broker Integration | ✅Yes |
| 🔩 Additional Tools | VPS Hosting, MQL5 Prog ramming Language, Depth of Market (DOM) |
| 🥺 Drawbacks | More resource-intensive than MT4, learning curve for MT4 users transitioning to MT5 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Extensive Range of CFDs | Complexity for Beginners |
| Tight Spreads | Variable Spreads on Some Assets |
| Flexible leverage options | Limited Cryptocurrencies Offering |
| Advanced Trading Platforms | Inactivity Fees |
| Access to Global Markets | High Leverage Risk |
| Deep Liquidity | Limited Research Tools |
| Educational Resources | No 24/7 Support |
| Regulated Broker | Regional Restrictions |
Frequently Asked Questions
What types of CFDs do FP Markets offer?
FP Markets offers various CFDs, including those on Forex, Indices, Stocks, Commodities, and Cryptocurrencies. In total, they provide access to over 10,000 CFDs across various global markets.
How many Forex CFDs are available at FP Markets?
FP Markets offers over 60 Forex CFDs, including major, minor, and exotic currency pairs. Some examples include EUR/USD, GBP/USD, USD/JPY, AUD/USD, and EUR/GBP.
What are the available Indices CFDs on FP Markets?
FP Markets provides 14 major global Indices CFDs, including US 500 (S&P 500), UK 100 (FTSE 100), Germany 30 (DAX), AUS 200 (ASX 200), and NASDAQ 100.
How many Stock CFDs can I trade with FP Markets?
FP Markets offers over 10,000 Stock CFDs from major global exchanges, allowing traders to speculate on the price movements of individual stocks like Apple (AAPL), Amazon (AMZN), Google (GOOGL), and Tesla (TSLA).
Our Verdict
FP Markets’ comprehensive range of CFDs across multiple asset classes offers traders extensive opportunities to engage with global financial markets. With competitive spreads, deep liquidity, and a wide selection of instruments, FP Markets stands out as a versatile broker catering to both novice and experienced traders alike.
2. Octa
Octa is a trusted and well-established Forex broker that offers a wide range of trading instruments, competitive spreads, and robust trading platforms like MetaTrader 4 and MetaTrader 5. It provides access to various financial markets, including Forex, indices, commodities, and cryptocurrencies, catering to both beginner and experienced traders.
| 🔎 Broker | 🥇 Octa |
| 📌 Year Founded | 2011 |
| 📍 Publicly Traded (Listed Company) | Not Publicly Traded |
| Regulation | CySEC, MISA, FSCA |
| 🌎 Country of Regulation | Cyprus, Comoros, South Africa |
| 🛡️ Safety and Security | High |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 💱 Minor Account Currencies | ✅Yes |
| 💴 Minimum Deposit | 25 USD |
| ⏰ Average Deposit/Withdrawal Processing Time | Varies by method |
| 💶 Fund Withdrawal Fee | Varies by method |
| ↪️ Spreads From | 0.0 pips |
| 💵 Commissions | Variable |
| 💷 Number of Base Currencies Supported | 30+ |
| 💳 Swap Fees | Varies |
| ⭐ Leverage | Up to 1:500 |
| 📝 Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⚡ Order Execution Time | Microseconds |
| 🗂️ VPS Hosting | Available for some accounts |
| 📊 CFDs Total | 300+ |
| 📈 CFD Stock Indices | ✅Yes |
| 🍏 CFD Commodities | ✅Yes |
| 📉 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| 🖱️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) OctaTrader |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex Trading Tools | Technical indicators, charting tools, VPS hosting |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email Address | support@octa.com |
| ☎️ Customer Support Contact Number | Varies by region |
| ⭐ Social Media Platforms | Facebook, Twitter, LinkedIn, |
| 📈 Languages Supported on Website | Multiple Languages |
| 📉 Forex Course | ✅Yes |
| 📊 Webinars | ✅Yes |
| 💹 Educational Resources | Articles, Guides, Video tutorials |
| 🤝 Affiliate Program | ✅Yes |
| 👥 IB Program | ✅Yes |
| 🏆 Sponsor Notable Events or Teams | ✅Yes |
| ❤️ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
CFDs Overview
Octa is a well-regarded Forex broker that provides an extensive array of Contract for Difference (CFD) instruments across various asset classes.
| 🔎 Asset Class | ⭐ Examples | 🔢 Number Available |
| 📈 Forex CFDs | EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, EUR/GBP |
30+ currency pairs |
| 📉 Indices CFDs | S&P 500, Dow Jones, NASDAQ 100, FTSE 100, DAX 30, Nikkei 225 |
10+ major global indices |
| 🍎 Commodity CFDs | Gold (XAU/USD), Silver (XAG/USD), Crude Oil (WTI), Brent Oil, Natural Gas |
5+ key commodities |
| 📊 Stock CFDs | Apple (AAPL), Google (GOOGL), Amazon (AMZN), Facebook (FB), Tesla (TSLA) |
50+ global stocks |
| 🪙 Cryptocurrency CFDs | Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD) |
5+ cryptocurrencies |
Trading Platforms
Octa offers access to 3 leading Trading Platforms, including MetaTrader 4, MetaTrader 5, and, its proprietary OctaTrader.
| 🔎 Platform Name | 🥇 OctaTrader |
| 📈 Developer | Octa |
| 📉 Year Released | 2016 |
| 📊 Operating Systems | Windows, macOS, iOS, Android |
| 💹 Trading Instruments | Forex, CFDs on Indices, Commodities, Stocks, Cryptocurrencies, Futures |
| 💱 Order Types | Market Order, Limit Order, Stop Order, Stop-Limit Order, Trailing Stop |
| 📔 Execution Types | Market Execution, Instant Execution |
| 📚 Charting Tools | Advanced charting, Various technical indicators, Drawing tools |
| 📒 Timeframes Available | 9 Timeframes |
| 📑 Automated Trading | Supports Expert Advisors (EAs) |
| 🗃️ Customization | Fully customizable charts+interface |
| 🗄️ Backtesting | Historical data |
| ⚙️ Multiple Account Management | ✅Yes |
| 🔒 Security | 128-bit SSL encryption, secure login |
| 🚨 Alerts and Notifications | Price Alerts, Push Notifications, Email Alerts |
| 📌 Community and Resources | ✅Yes |
| 📍 Mobile Trading | ✅Yes |
| 🖥️ Web Trading | ✅Yes |
| 🎭 Languages Supported | Multiple languages |
| ↪️ Customer Support | ✅Yes |
| 📐 Additional Tools | Economic Calendar, News Feed, VPS Hosting |
| 🚩 Unique Features | Integrated trading, tools and resources, seamless user experience |
| 🥺 Drawbacks | Limited to broker’s specific offerings, Potential for platform-specific issues |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive Spreads | Limited Cryptocurrency Options |
| Diverse Trading Platforms |
Potential for Wider Spreads During High Volatility |
| Variety of Account Types |
High Leverage Risks |
| Forex and CFDs offered |
Some account types may incur fees on withdrawals |
| Regulated by Multiple Authorities |
May offer fewer advanced research tools when Compared |
| Automated Trading | No clients from USA, Canada, Belgium, or others outside EU |
| Islamic Accounts Available |
Limited Product Range for Some Asset Classes |
| Comprehensive Educational Resources |
Inactivity Fees |
| Strong Customer Support |
Higher Spreads on Certain Accounts |
Frequently Asked Questions
How many Forex CFDs are available with Octa?
Octa offers more than 30 Forex CFDs, covering a wide range of major, minor, and exotic currency pairs.
What indices can I trade as CFDs with Octa?
Octa provides CFDs on over 10 major global indices, including popular ones like the S&P 500, Dow Jones, NASDAQ 100, FTSE 100, DAX 30, and Nikkei 225.
Which commodities are available for CFD trading on Octa?
Octa offers CFDs on several key commodities, including Gold (XAU/USD), Silver (XAG/USD), Crude Oil (WTI), Brent Oil, and Natural Gas.
How many stock CFDs can I trade with Octa?
Octa provides CFDs on more than 50 global stocks, featuring prominent companies such as Apple (AAPL), Google (GOOGL), Amazon (AMZN), Facebook (FB), and Tesla (TSLA).
Our Verdict
Octa’s extensive CFD offerings provide traders with the flexibility to trade a diverse range of financial instruments across multiple markets. Whether you’re interested in Forex, indices, commodities, stocks, or cryptocurrencies, Octa offers competitive conditions and advanced trading platforms.
3. FxPro
The advantages of trading with FxPro include access to a wide range of financial instruments, including Forex, CFDs on stocks, indices, commodities, and cryptocurrencies, allowing traders to diversify their portfolios. FxPro offers competitive spreads, fast execution speeds, and the option of trading on multiple platforms.
| 🔎 Broker | 🥇 FxPro |
| 📌 Year Founded | 2006 |
| 👤 Amount of Staff | 200+ |
| 👥 Active Traders | 1.8+ million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) |
| 🌎 Country of Regulation | United Kingdom, Cyprus, South Africa, Bahamas |
| 🔐 Safety and Security | High |
| ↪️ Account Segregation | ✅Yes |
| ⭐ Negative Balance Protection | ✅Yes |
| 📑 Investor Protection Schemes | FSCS (UK), ICF (Cyprus) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, ZAR |
| 💶 Minimum Deposit | $100 |
| 💵 Fund Withdrawal Fee | None |
| ⚙️ Spreads From | 0.0 pips |
| 💷 Commissions | None |
| 7️⃣ Base Currencies Supported | 7 |
| 💰 Swap Fees | ✅Yes |
| 📈 Leverage | Up to 1:500 |
| 📉 Margin Requirements | Varies by instrument |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Typically under 11.06 ms |
| 🖱️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | 430+ |
| 📊 CFD Stock Indices | 20+ |
| 🍎 CFD Commodities | 20+ |
| 📉 CFD Shares | 150+ |
| 🅰️ Deposit Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🅱️ Withdrawal Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, FxPro Mobile |
| 🖥️ OS Compatibility | Windows, macOS, iOS, Android |
| 📐 Forex Trading Tools | Economic calendar, Forex calculators, Trading Central, Autochartist |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Support Email Address | musupport@fxpro.com |
| ☎️ Support Contact Number | Callback Request |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, Instagram, YouTube |
| ⏩ Educational Resources | Articles, videos, tutorials, guides, blogs |
| ✏️ Languages Supported | 30+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| 📐 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
CFDs Overview
FxPro is a well-established online broker known for providing access to a wide range of financial instruments, particularly through Contracts for Difference (CFDs).
| 🔎 Asset Class | ⚙️ Instrument Type | 📌 Examples of CFDs | 🔢 Number of Instruments | ⏰ Trading Hours |
| 📈 Forex | Currency Pairs | EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/GBP, USD/ZAR |
70+ | 24/5 |
| 📉 Indices | Global Stock Indices | S&P 500, Dow Jones, NASDAQ 100, FTSE 100, DAX 30, Nikkei 225 |
20+ | Varies by index. Typically 24/5 |
| 🍎 Commodities | Precious Metals | Gold (XAU/USD), Silver (XAG/USD), Platinum (XPT/USD) |
3 | 24/5 |
| 📊 Shares | Global Equities | Apple (AAPL), Google (GOOGL), Amazon (AMZN), Tesla (TSLA), Facebook (FB) |
150+ | Varies by exchange. Typically 24/5 |
| 🪙 Cryptocurrencies | Digital Currencies | Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD) |
5 | 24/7 |
Trading Platforms
FxPro offers access to multiple trusted trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and Proprietary Web plus Mobile Apps. Here is an Overview of cTrader.
| 🔎 Trading Platform | 🥇 cTrader |
| 📌 Platform Type | Forex and CFD Trading Platform |
| 📍 Developer | Spotware Systems Ltd. |
| 📈 Year of Release | 2010 |
| 📉 Asset Classes | Forex, Indices, Commodities, Shares, Cryptocurrencies |
| 📊 Order Types | Market, Limit, Stop, Stop-Limit, Take Profit, Stop Loss, Trailing Stop, One-Cancels-the-Other (OCO) |
| 💹 Execution Model | No Dealing Desk (NDD), ECN/STP |
| 💱 Spreads | Starting from 0.0 pips |
| ⭐ Commissions | ECN accounts |
| 🔖 Leverage | Up to 1:500 |
| 🏷️ Trading Interface | Highly Customizable |
| ⚙️ Chart Types | 26+ types including candlestick, bar, line, Renko, Heikin-Ashi |
| ✏️ Technical Indicators | 70+ built-in indicators |
| 📔 Drawing Tools | 50+ drawing tools for trend lines, channels, Fibonacci levels |
| 📚 Automated Trading | cAlgo |
| 📒 Backtesting | ✅Yes |
| 📑 Timeframes | 26+ timeframes |
| 🗃️ Copy Trading | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 💻 Web Version | ✅Yes |
| 🖥️ VPS Support | ✅Yes |
| 🎨 Customization | Extensive customization Options |
| ⚡ Order Execution Speed | Under 1 millisecond |
| 🚨 Risk Management Tools | Integrated stop loss, take profit, trailing stops, risk management calculators |
| 🥰 Language Support | 20+ languages |
| ➡️ Support for Multiple Accounts | ✅Yes |
| 🗞️ News and Economic Calendar | Integrated news feed, economic calendar |
| 📈 Compatibility | Windows, macOS (via Web), iOS, Android |
| 📉 Data Security | Encrypted connections, advanced security |
| 📊 Integration with Third-Party Tools | ✅Yes |
| 💹 Broker Integration | ✅Yes |
| 🩷 Community and Support | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Regulated Broker | Inactivity Fees |
| Wide Range of Instruments | Limited Cryptocurrency Offerings |
| Multiple Trading Platforms | High Commissions on Certain Accounts |
| Competitive Spreads | No Cent Accounts |
| No Dealing Desk Execution | Restrictions on Leverage |
| Fast Execution Speeds | Complex Fee Structure |
| Flexible Leverage | Web Platform Limitations |
| Comprehensive Trading Tools | No U.S. Clients |
| Negative Balance Protection | Complex Withdrawal Process |
Frequently Asked Questions
What types of CFDs does FxPro offer?
FxPro offers various CFDs across several asset classes, including Forex, Indices, Commodities, Shares, and Cryptocurrencies.
How many Forex pairs can I trade as CFDs on FxPro?
FxPro offers over 70 Forex pairs as CFDs, including major, minor, and exotic currency pairs.
What indices are available for CFD trading on FxPro?
FxPro provides CFDs on more than 20 global stock indices, including the S&P 500, Dow Jones, NASDAQ 100, FTSE 100, DAX 30, and Nikkei 225.
Does FxPro offer CFDs on commodities?
FxPro offers CFDs on popular commodities, including precious metals like Gold (XAU/USD) and Silver (XAG/USD), as well as energies like Crude Oil (WTI) and Natural Gas.
Our Verdict
FxPro’s extensive range of CFDs provides traders with numerous opportunities to engage with global markets. Whether trading on Forex, Indices, Commodities, Shares, or Cryptocurrencies, FxPro ensures competitive trading conditions, robust platforms, and comprehensive tools.
4. Pepperstone
Pepperstone is a trustworthy broker that provides competitive spreads on Contracts for Difference (CFDs). It offers 1200+ trading instruments across various asset classes, including Forex, Indices, Commodities, Shares, and Cryptocurrencies, making it a versatile choice for traders seeking diverse market exposure.
| 🔎 Broker | 🥇 Pepperstone |
| 📌 Year Founded | 2010 |
| 👤 Amount of Staff | 300+ |
| 👥 Active Traders | 300,000+ |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| 🌎 Country of Regulation | UK, Australia, Cyprus |
| ⭐ Safety and Security | High |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| 📊 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | ✅Yes |
| 💶 Minimum Deposit | AU$10 |
| ⏰ Average Deposit/Withdrawal Processing Time | Depends on method |
| 💵 Fund Withdrawal Fee | None |
| ⭐ Spreads From | 0.0 pips |
| 💷 Commissions | ✅Yes |
| 🔢 Base Currencies | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD |
| 💳 Swap Fees | ✅Yes |
| ⏩ Leverage | 1:500 (Pro), 1:200 (Retail) (Retail Leverage is license-specific and can be as low as 1:30) |
| ▶️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 📈 Order Execution Time | Under 30ms |
| 📉 VPS Hosting | ✅Yes |
| 📊 CFDs Total | 1200+ |
| 💹 CFD Stock Indices | 14+ |
| 🍎 CFD Commodities | 20+ |
| 💱 CFD Shares | 900+ |
| 🅰️ Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
| 🅱️ Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView Proprietary Pepperstone Platform |
| 💻 OS Compatibility | Windows, macOS, iOS, Android, Web-based |
| ⚙️ Forex Trading Tools | Advanced charting, Autochartist, TradingView integration, Market Analysis |
| 🩷 Customer Support | Multiple Channels |
| 🥰 Live Chat Availability | 24/5 |
| 💌 Support Email Address | support@pepperstone.com |
| ☎️ Support Contact Number | +254 2038 93547/8/9 |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, |
| ↪️ Languages Supported | 20+ |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, Videos, Trading Guides, eBooks |
| 🤝 Affiliate Program | ✅Yes |
| 📑 Amount of Partners | Thousands globally |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| ⭐ Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
CFDs Overview
Pepperstone provides traders with access to over 1,200 CFDs. These include CFDs on Forex, Indices, Commodities, Shares, and Cryptocurrencies, catering to both retail and institutional traders.
| 🔎 Asset Class | 🔢 Number of CFDs Offered |
| 📊 Forex | 60+ |
| 📉 Indices | 14+ |
| 🍎 Commodities | 20+ |
| 📈 Shares | 900+ |
| 🪙 Cryptocurrencies | 12+ |
| 💹 ETFs | 100+ |
| 💱 Bonds | 5+ |
Trading Platforms
Pepperstone offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView. Their proprietary trading platform is accessible on both Desktop and Mobile. Key features include:
- Accessible via Browser, Android, and iOS
- One-Click Trading
- Quick chart switching
- Real-time position management
- Trading on live-streaming prices
Additionally, social trading options are available, depending on the jurisdiction.
| 🔎 Platform | 🥇 TradingView |
| 📈 Platform Type | Web-based charting, social trading platform |
| 📉 Supported Devices | Browser, Android, iOS |
| 📊 Charting Tools | Advanced charting with over 100 indicators, drawing tools, multi-chart layouts |
| 💹 Asset Coverage | Stocks, Forex, Cryptocurrencies, Indices, Commodities, Bonds, ETFs |
| 💱 Social Trading | ✅Yes |
| 📌 Custom Indicators | ✅Yes |
| 📍 Backtesting | Strategy tester |
| 🚨 Alerts | Customizable |
| ↪️ Market Data | Real-time and delayed data |
| ✏️ Broker Integration | ✅Yes |
| 📔 Subscription Plans | Free basic plan; Pro, Pro+ Premium plans |
| 📚 Community Features | Public and private chats, idea sharing, user profiles, leaderboards |
| 📒 Educational Resources | Tutorials, webinars, community-driven content |
| 📑 API Access | Available for data and trading automation |
| 🗃️ Language Support | Multi-language support |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Wide Range of CFDs | Commission Charges |
| Competitive Spreads | Limited Cryptocurrency Offering |
| Flexible Leverage | Jurisdictional Restrictions |
| Multiple Trading Platforms | No Proprietary Platform |
| Advanced Trading Tools | Inactive Account Fees |
| Fast Execution | No Cent or Micro Accounts |
| Robust Regulation | Limited Non-Forex Instruments |
| Social Trading Options | Variable Spreads |
| Comprehensive Educational Resources | Limited Research Tools |
Frequently Asked Questions
What types of CFDs does Pepperstone offer?
Pepperstone offers a wide range of CFDs, including Forex, Indices, Commodities, Shares, Cryptocurrencies, ETFs, and Bonds. With over 1,200 CFDs available, traders can diversify their portfolios across various asset classes.
How many Forex pairs can I trade with Pepperstone?
Pepperstone provides access to over 60 Forex pairs, including major, minor, and exotic currency pairs.
What indices are available for trading at Pepperstone?
Pepperstone offers CFDs on 14+ global indices, such as the S&P 500, NASDAQ 100, FTSE 100, and DAX 30, allowing traders to speculate on the performance of major stock markets.
Can I trade commodities with Pepperstone?
Pepperstone offers 20+ commodity CFDs, including popular hard and soft commodities like Gold, Silver, Oil, Natural Gas, and agricultural products such as Coffee and Sugar.
Our Verdict
Pepperstone’s extensive range of CFDs provides traders with numerous opportunities to diversify their portfolios and take advantage of market movements across various asset classes.
5. XM
XM is a well-established and highly regulated Forex Broker with a strong reputation for offering a wide range of trading instruments, competitive spreads, and excellent customer support.
| 🔎 Broker | 🥇 XM |
| 📌 Year Founded | 2009 |
| 👤 Amount of Staff | 450+ employees |
| 👥 Amount of Active Traders | 5,000,000+ traders worldwide |
| 📍 Publicly Traded | None |
| 📈 Regulation | Financial Services Commission (FSC) |
| ⭐ Safety and Security | High |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | None |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, JPY, AUD |
| 💶 Minimum Deposit | 5 USD |
| ⏰ Average Deposit/Withdrawal Time | 24 hours |
| 💵 Fund Withdrawal Fee | None |
| 💱 Spreads From | 0.6 pips on major pairs |
| 💷 Commissions | Zero commissions on most account types |
| 🔟 Number of Base Currencies | 11+ |
| 💰 Swap Fees | ✅Yes |
| 📊 Leverage | Up to 1:888 |
| 💹 Margin Requirements | Variable |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 📈 Order Execution Time | 0.01 seconds |
| 🖥️ VPS Hosting | Free VPS |
| 📍 CFDs Total | 1,000+ |
| 📑 CFD Stock Indices | 14+ |
| 🍎 CFD Commodities | 8+ |
| 📌 CFD Shares | 1,200+ |
| 🅰️ Deposit Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
| 🅱️ Withdrawal Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
| ⭐ Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 💻 OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️ Forex Trading Tools | Technical analysis, trading signals, economic calendar, Autochartist |
| 🩷 Customer Support | Multiple Channels |
| 🥰 Live Chat Availability | 24/5 |
| 💌 Customer Support Email | support@xm.com |
| ☎️ Customer Support Contact Number | +501 223-6696 +501 227-9421 |
| 💡 Social Media Platforms | Facebook, Twitter, Instagram, LinkedIn, YouTube |
| ✏️ Languages Supported | 25+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📒 Educational Resources | Video tutorials, trading guides, market analysis, blog |
| 🤝 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | 100,000+ |
| 🗄️ IB Program | ✅Yes |
| 🏆 Sponsors events or teams | ✅Yes |
| 🏷️ Rebate Program | ✅Yes |
| 🔖 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
CFDs Overview
XM is a well-established forex and CFD broker offering a comprehensive range of trading instruments. Their CFD offerings span multiple asset classes, providing traders with opportunities to speculate on price movements across various markets.
| 🔎 Category | 📌 Details |
| 🔢 Total CFDs Offered | 1,000+ CFDs |
| 📈 CFD Stock Indices | 14 major indices |
| 🍎 CFD Commodities | 8 commodities |
| 📉 CFD Shares | 1,200+ global shares |
| 🪙 CFD Cryptocurrencies | 6 cryptocurrencies |
Trading Platforms
XM offers access to MetaTrader 4 and MetaTrader 5 across multiple platforms, including PC, MAC, Smartphones and Tablets,
MetaTrader 4
| 🔎 Platform | 🥇 MetaTrader 4 (MT4) |
| 📈 Developer | MetaQuotes Software Corp. |
| 📉 Year Released | 2005 |
| 📊 Operating Systems Supported | Windows, macOS, iOS, Android |
| 💹 Trading Instruments | Forex, CFDs Indices, Commodities, Stocks, Cryptocurrencies |
| 💱 Order Types | Market Order, Limit Order, Stop Order, Stop-Limit Order |
| 📌 Execution Types | Instant Execution, Market Execution |
| 📍 Charting Tools | 30+ Technical Indicators, Multiple Timeframes, Customizable Charts |
| ⏰ Timeframes | 9 Timeframes |
| ⚡ Order Execution Speed | Milliseconds |
| ⭐ Automated Trading | EAs for algorithmic trading |
| 🎨 Customization | Fully customizable charts, indicators, scripts, Expert Advisors |
| 🚨 Backtesting | Available |
| ↪️ Multiple Account Management | Supports multiple accounts |
| 🔐 Security | 128-bit SSL encryption, extended two-factor authentication |
| ⚙️ Alerts and Notifications | Price Alerts, Push Notifications, Email Alerts |
| 💡 Order History | Detailed order history, reporting tools |
| 🥰 Community and Resources | Large online community, access to MetaTrader Market, Code Base |
| ☎️ Mobile Trading | Full-featured mobile apps |
| 💻 Web Trading | ✅Yes |
| 🎭 Languages Supported | 30+ Languages |
| 🩷 Customer Support | Provided by Broker |
| 📰 Integrated News Feed | ✅Yes |
| 🚩 Multi-Device Syncing | ✅Yes |
| 🫶 Broker Integration | ✅Yes |
| 🔧 Additional Tools | VPS Hosting, MQL4 Programming Language |
| 🥺 Drawbacks | Outdated interface when compared |
| 🚀Open an Account | 👉 Click Here |
MetaTrader 5
| 🔎 Platform Name | 🥇 MetaTrader 5 (MT5) |
| 📈 Developer | MetaQuotes Software Corp. |
| 📉 Year Released | 2010 |
| 📊 Operating Systems Supported | Windows, macOS, Linux, iOS, Android |
| 💹 Trading Instruments | Forex, CFDs Indices, Commodities, Stocks, Cryptocurrencies, Futures, Bonds |
| 💱 Order Types | Market Order, Limit Order, Stop Order, Stop-Limit Order, Trailing Stop |
| 🖥️ Execution Types | Market Execution, Instant Execution, Exchange Execution |
| 💻 Charting Tools | 80+ Technical Indicators, Multiple Timeframes, Customizable Charts |
| 🖱️ Timeframes | 21 Timeframes |
| ⭐ Order Execution Speed | Milliseconds |
| ⚡ Automated Trading | Supports Expert Advisors (EAs), MQL5 for algorithmic trading |
| 🎨 Customization | Fully customizable charts, indicators, scripts, Expert Advisors |
| 📌 Backtesting | Multi-currency backtesting with tick data |
| 📍 Multiple Account Management | Supports multiple accounts |
| 🔐 Security | 128-bit SSL encryption, extended two-factor authentication |
| 🚨 Alerts and Notifications | Price Alerts, Push Notifications, Email Alerts |
| ✒️ Order History | Detailed order history |
| 🥰 Community and Resources | Large online community |
| 📲 Mobile Trading | Full-featured mobile apps |
| 🖥️ Web Trading | ✅Yes |
| 🎭 Languages Supported | 30+ Languages |
| 🩷 Customer Support | Provided by brokers using MT5 (varies by broker) |
| 📰 Integrated News Feed | ✅Yes |
| ↪️ Multi-Device Syncing | ✅Yes |
| ⏩ Broker Integration | ✅Yes |
| 🔩 Additional Tools | VPS Hosting, MQL5 Prog ramming Language, Depth of Market (DOM) |
| 🥺 Drawbacks | More resource-intensive than MT4, learning curve for MT4 users transitioning to MT5 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Wide Range of CFDs | Potential High Volatility |
| Diverse Asset Classes | Leverage Risks |
| Cryptocurrency Options | No Physical Ownership |
| Flexibility | Fees and Costs |
| Access to Global Markets | Complexity |
| Variety of Commodities | Overnight Financing Costs |
| No Minimum Trade Size | Regulatory Differences |
| Flexible Trading Hours | Market Risk |
Frequently Asked Questions
What types of CFDs does XM offer?
XM offers a wide range of CFDs including stock indices, commodities, shares, and cryptocurrencies.
How many stock indices can I trade with XM?
XM provides trading on 14 major stock indices such as the S&P 500, FTSE 100, and DAX 30.
What commodities are available for trading on XM?
You can trade 8 different commodities on XM, including gold, oil (Brent and WTI), and silver.
How many shares can I trade through XM?
XM offers CFDs on over 1,200 global shares.
Our Verdict
With over 1,000 CFDs available, traders have access to a broad spectrum of markets, allowing for flexible and diversified trading strategies.
What are Contracts for Difference (CFDs)
CFDs (Contracts for Difference) are financial derivatives that allow traders to speculate on the price movements of various assets without owning the underlying asset itself. When trading CFDs, traders agree with a broker to exchange the difference in the value of an asset from the time the contract is opened to when it is closed.
CFDs Advantages and Disadvantages
| ✅ Advantage | ❌ Disadvantage |
| Flexibility | High Risk |
| Leverage | No Ownership |
| Profit in Rising Markets | Potential High Costs |
| Profit in Falling Markets | Potential for significant losses |
In Conclusion
CFDs are popular among traders for their flexibility and potential for profit, but they require careful risk management and a solid understanding of the market.
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Frequently Asked Questions
What are Contracts for Difference (CFDs)
CFDs (Contracts for Difference) are financial derivatives that allow traders to speculate on the price movements of various assets without owning the underlying asset itself.
What Commodities CFDs does FP Markets offer?
FP Markets provides 12 Commodities CFDs, including precious metals like Gold (XAU/USD) and Silver (XAG/USD), energy products like Crude Oil (WTI) and Brent Oil, as well as other raw materials like Natural Gas and Copper.
Can I trade Cryptocurrencies as CFDs on FP Markets?
Yes, FP Markets offers CFDs on 5 major cryptocurrencies, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD), and Bitcoin Cash (BCH/USD).
What cryptocurrencies can I trade as CFDs with Octa?
Octa offers CFDs on 5 major cryptocurrencies, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), Litecoin (LTC/USD), and Bitcoin Cash (BCH/USD).
How does Octa ensure a good trading experience for CFDs?
Octa provides competitive trading conditions, including tight spreads and flexible leverage options.
Can I trade shares as CFDs on FxPro?
FxPro offers CFDs on over 150 global equities, including major companies like Apple (AAPL), Google (GOOGL), Amazon (AMZN), Tesla (TSLA), and Facebook (FB).
Are cryptocurrency CFDs available on FxPro?
FxPro offers CFDs on leading cryptocurrencies, including Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD), and Litecoin (LTC/USD), allowing you to trade digital currencies without owning them.
Does Pepperstone offer CFDs on shares?
Pepperstone provides CFDs on over 900 shares from major global markets, including the US, UK, Australia, and Europe, enabling traders to speculate on the price movements of individual stocks.
What leverage does Pepperstone offer on CFDs?
Leverage at Pepperstone can go up to 1:500, depending on the asset class and the trader’s jurisdiction.
Are there any specific trading instruments for commodities on XM?
XM offers CFDs on various commodities including precious metals like gold and silver, as well as energy products like oil and natural gas.
Can I trade global shares with XM?
XM offers CFDs on a broad range of global shares across major markets.
