15 Best CFD Brokers for forex trading

cfd brokers

CFD (Contract for Difference) brokers let traders speculate on price movements without owning the asset. Choosing the right broker is crucial for low fees, strong regulations, and smooth deposits/withdrawals.

This list ranks brokers based on fees, platform quality, regulations, deposit/withdrawal options, and trust scores.


 

1. IG Group

📅 Founded: 1974
💰 Fees: Low spreads, no commission on most CFDs
💻 Platform: IG Trading, MetaTrader 4 (MT4)
📜 Licenses: FCA (UK), ASIC (Australia), NFA (USA), MAS (Singapore)
🔒 Trust Score: 99/100

Deposit / Withdraw: Bank transfer, credit/debit card, PayPal
Crypto Support: No


 

2. Interactive Brokers (IBKR)

📅 Founded: 1978
💰 Fees: Ultra-low spreads from 0.1 pips
💻 Platform: IBKR Trader Workstation, WebTrader
📜 Licenses: SEC (USA), FCA (UK), ASIC (Australia)
🔒 Trust Score: 98/100

Deposit / Withdraw: Bank wire, ACH transfer, credit card
Crypto Support: No


 

3. Saxo Bank

📅 Founded: 1992
💰 Fees: Low spreads, high minimum deposit ($2,000 to $10,000)
💻 Platform: SaxoTraderGO, SaxoTraderPRO
📜 Licenses: FSA (Denmark), FCA (UK), ASIC (Australia)
🔒 Trust Score: 97/100

Deposit / Withdraw: Bank wire, credit card
Crypto Support: No


 

4. CMC Markets

📅 Founded: 1989
💰 Fees: Tight spreads, 0.7 pips on major forex pairs
💻 Platform: CMC Next Generation, MT4
📜 Licenses: FCA (UK), ASIC (Australia), MAS (Singapore)
🔒 Trust Score: 96/100

Deposit / Withdraw: Bank transfer, debit/credit card, PayPal
Crypto Support: No


 

5. XTB

📅 Founded: 2002
💰 Fees: Tight spreads, commission-free trading on most assets
💻 Platform: xStation 5
📜 Licenses: FCA (UK), CySEC (Cyprus), KNF (Poland)
🔒 Trust Score: 95/100

Deposit / Withdraw: Bank transfer, credit/debit card, Skrill, Neteller
Crypto Support: No


 

6. FXCM

📅 Founded: 1999
💰 Fees: Low spreads, no commission on standard accounts
💻 Platform: Trading Station, MT4, NinjaTrader
📜 Licenses: FCA (UK), ASIC (Australia)
🔒 Trust Score: 92/100

Deposit / Withdraw: Bank wire, credit card, Skrill, Neteller
Crypto Support: Yes


 

7. ThinkMarkets

📅 Founded: 2010
💰 Fees: Competitive spreads, no deposit fees
💻 Platform: ThinkTrader, MT4, MT5
📜 Licenses: FCA (UK), ASIC (Australia)
🔒 Trust Score: 91/100

Deposit / Withdraw: Bank transfer, debit/credit card, Skrill, Neteller
Crypto Support: Yes


 

8. Pepperstone

📅 Founded: 2010
💰 Fees: Ultra-low spreads, ECN pricing
💻 Platform: MT4, MT5, cTrader
📜 Licenses: ASIC (Australia), FCA (UK), CySEC (Cyprus)
🔒 Trust Score: 90/100

Deposit / Withdraw: Bank wire, credit card, PayPal, Neteller, Skrill
Crypto Support: Yes


 

9. AvaTrade

📅 Founded: 2006
💰 Fees: Fixed spreads, no commission
💻 Platform: AvaTradeGO, MT4, MT5
📜 Licenses: Central Bank of Ireland, ASIC (Australia), FSCA (South Africa)
🔒 Trust Score: 89/100

Deposit / Withdraw: Bank transfer, debit/credit card, Skrill, Neteller
Crypto Support: Yes


 

10. FxPro

📅 Founded: 2006
💰 Fees: Spreads from 1.4 pips
💻 Platform: MT4, MT5, cTrader
📜 Licenses: FCA (UK), CySEC (Cyprus), FSCA (South Africa)
🔒 Trust Score: 88/100

Deposit / Withdraw: Bank transfer, credit card, PayPal, Skrill, Neteller
Crypto Support: Yes


 

11. Admiral Markets

📅 Founded: 2001
💰 Fees: Tight spreads, low commissions
💻 Platform: MT4, MT5
📜 Licenses: FCA (UK), ASIC (Australia), CySEC (Cyprus)
🔒 Trust Score: 87/100

Deposit / Withdraw: Bank transfer, credit/debit card, Skrill
Crypto Support: Yes


 

12. OANDA

📅 Founded: 1996
💰 Fees: Tight spreads, no commission on standard accounts
💻 Platform: OANDA Trade, MT4, MT5
📜 Licenses: CFTC (USA), FCA (UK), ASIC (Australia)
🔒 Trust Score: 86/100

Deposit / Withdraw: Bank wire, credit/debit card, PayPal
Crypto Support: Yes


 

13. Eightcap

📅 Founded: 2009
💰 Fees: Raw spreads, ECN execution
💻 Platform: MT4, MT5
📜 Licenses: ASIC (Australia), SCB (Bahamas)
🔒 Trust Score: 85/100

Deposit / Withdraw: Bank transfer, credit/debit card, Skrill, Neteller
Crypto Support: Yes


 

14. Capital.com

📅 Founded: 2016
💰 Fees: Zero commission, tight spreads
💻 Platform: Capital.com, MT4
📜 Licenses: FCA (UK), CySEC (Cyprus), ASIC (Australia)
🔒 Trust Score: 84/100

Deposit / Withdraw: Bank wire, credit/debit card, Apple Pay, Google Pay
Crypto Support: Yes


 

15. IC Markets

📅 Founded: 2007
💰 Fees: Spreads from 0.0 pips, ECN pricing
💻 Platform: MT4, MT5, cTrader
📜 Licenses: ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
🔒 Trust Score: 83/100

Deposit / Withdraw: Bank wire, credit/debit card, PayPal, Skrill, Neteller
Crypto Support: Yes


 

How We Calculate Trust Scores

We assign trust scores based on multiple key factors to ensure a fair and reliable ranking of CFD brokers:

Regulation Strength (50%) – More top-tier licenses mean higher scores.
Service year (20%) – Brokers with a long, stable history rank higher.
Fees & Spreads (10%) – Lower trading costs and transparent.
Platform & Execution (5%) – Fast, stable platforms rate higher.
Deposit & Withdrawal Options (5%) – More options improve accessibility.
User Reviews & Reputation (10%) – Positive trader feedback matters.

This method ensures that our CFD broker rankings are based on security, performance, and trader satisfaction. ✅

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