We may earn a commission if you sign up through our links. Learn how we make money and the numbers behind trading.
Rankings updated October 2026

Best CFD Brokers In 2026

Discover our list of the best CFD brokers with great CFD trading platforms. Every CFD provider we recommend has been tested by our research team, earning a high overall rating and the trust of our experts.

Top 6 CFD Brokers

In October 2026 we have reviewed 143 brokers and our hands-on tests show that these are the 6 best CFD brokers in Portugal:

Tested with a live trading account Accepts traders from Portugal Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Portugal
    • FTSE Spread: 1.2
    • GBPUSD Spread: 0.1
    • Stocks Spread: 0.03 (Apple Inc)
    71.28% of retail traders lose money when trading CFDs
    • FTSE Spread: 0.5
    • GBPUSD Spread: 1.5
    • Stocks Spread: 0.13
    • FTSE Spread: From 0.4
    • GBPUSD Spread: From 0.6
    • Stocks Spread: Variable
    • FTSE Spread: 1.0
    • GBPUSD Spread: 0.4
    • Stocks Spread: 0.02
    73-89% of retail investor accounts lose money when trading CFDs
    • FTSE Spread: 1.0
    • GBPUSD Spread: 0.13
    • Stocks Spread: 0.01
    • FTSE Spread: 3.42
    • GBPUSD Spread: 1.3
    • Stocks Spread: 0.12 (Apple)

Learn how we test brokers and why you can trust our ratings.

Why Are These Brokers the Best for CFD Trading?

Here is a short summary of why we think these are the best CFD brokers:

  1. Eightcap is the best CFD broker in Portugal in 2026 4.6/5 Eightcap offers a wide range of trading options with 800+ CFDs across stocks, indices, bonds, commodities, and cryptocurrencies (depending on location), with leverage up to 1:30/1:500. It excels in its tools, notably the AI-enabled economic calendar covering 25+ countries with impact filters (high, medium, low). However, its commodities offering, particularly in softs like cotton and wheat, as well as the limited precious metal and energy assets, is its weakest area.
  2. AvaTrade 4.9/5 AvaTrade's 1250+ leveraged CFD products span a wide range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. What we love is that you can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools to help you discover short-term trading opportunities.
  3. Trade Nation 4.4/5 Trade leveraged CFDs on over 1000 assets with low-cost spreads. You can also take advantage of the broker's integrated signals to help you determine when to enter and exit positions.
  4. Pepperstone 4.8/5 Pepperstone maintains its position as one of the fastest and most dependable CFD brokers during our latest round of testing. With execution speeds averaging around 30ms and an outstanding fill rate of 99.90%, the broker ensures a seamless trading experience without requotes or dealing desk interference. It also provides ample trading opportunities across over 1,300 assets.
  5. Fusion Markets 4.6/5 You can go long or short on a range of CFDs covering forex, commodities, shares, indices and cryptos. High leverage up to 1:500 is available for experienced traders in some locations, whilst beginners will appreciate access to micro-lots. There are no restrictions on short-term trading strategies using CFDs.
  6. FBS 4.3/5 FBS is a CFD broker, allowing you to speculate on the price movements of these assets without actually owning them. CFDs are available in various asset classes, including forex, commodities, indices, and stocks, but there are no opportunities for trading ETFs, bonds, or options. However, what truly empowers traders is the competitive spreads and generous leverage up to 1:3000 (capped at 1:30 for EU traders), all without inactivity or withdrawal fees.

Compare the Best CFD Brokers on Key Attributes

Find the best CFD broker for you based on our comparison of key features important to CFD traders:

Compare the Best CFD Brokers on Key Attributes
BrokerMinimum DepositLeveragePlatformsRegulators
Eightcap $1001:30MT4, MT5, TradingView, TradeLockerFCA, ASIC, CySEC, FSC, SCB, FSA
AvaTrade $1001:30 (Retail) 1:400 (Pro)WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTradeASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Trade Nation $01:30TN Trader, MT4, TradingViewFCA, ASIC, CMVM , FSCA, SCB, FSA
Pepperstone $01:30 (Retail), 1:500 (Pro)Pepperstone Trading Platform, MT4, MT5, cTrader, TradingViewFCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya
Fusion Markets $01:500 (Exceeds ESMA limits; high risk)MT4, MT5, cTrader, TradingView, DupliTradeASIC, VFSC, FSA
FBS $51:30FBS App, MT4, MT5ASIC, CySEC, FSCA, FSC

How Safe Are These CFD Brokers?

How dependable are the top CFD brokers and do they have features that help safeguard your funds?

How Safe Are These CFD Brokers?
BrokerTrust RatingGuaranteed Stop LossNegative Balance ProtectionSegregated Accounts
Eightcap 4.3 / 5✘No✔Yes✔Yes
AvaTrade 4.6 / 5✘No✔Yes✔Yes
Trade Nation 4.3 / 5✘No✔Yes✔Yes
Pepperstone 4.6 / 5✘No✔Yes✔Yes
Fusion Markets 4.1 / 5✘No✔Yes✔Yes
FBS 3.3 / 5✘No✔Yes✔Yes

Compare Mobile CFD Trading

Are these brokers good for mobile CFD Trading?

Compare Mobile CFD Trading
BrokerMobile AppsiOS RatingAndroid RatingSmart Watch App
Eightcap iOS & Android4.8 / 54.4 / 5✘No
AvaTrade iOS & Android4.3 / 54.0 / 5✘No
Trade Nation iOS & Android4.5 / 54.5 / 5✘No
Pepperstone iOS & Android4.4 / 54.1 / 5✘No
Fusion Markets iOS & Android4.8 / 54.4 / 5✘No
FBS iOS & Android4.6 / 54.9 / 5✘No

Are the Top CFD Brokers Good for Beginners?

CFD trading beginners should use brokers that allow trading with virtual money (a demo account) and have other features that new traders need:

Are the Top CFD Brokers Good for Beginners?
BrokerDemo AccountMinimum DepositMinimum TradeEducation RatingSupport Rating
Eightcap ✔Yes$1000.01 Lots3.5 / 54.0 / 5
AvaTrade ✔Yes$1000.01 Lots4.5 / 54.3 / 5
Trade Nation ✔Yes$00.1 Lots4.2 / 54.9 / 5
Pepperstone ✔Yes$00.01 Lots4.0 / 54.6 / 5
Fusion Markets ✔Yes$00.01 Lots3.0 / 54.5 / 5
FBS ✔Yes$50.01 Lots3.5 / 53.8 / 5

Are the Top CFD Brokers Good for Advanced Traders?

Experienced CFD traders should look for sophisticated tools to enhance the trading experience:

Are the Top CFD Brokers Good for Advanced Traders?
BrokerAutomated TradingVPSAIPro AccountLeverageLow LatencyExtended Hours
Eightcap Expert Advisors (EAs) on MetaTrader✔Yes✘No✘No1:30✔Yes✘No
AvaTrade Expert Advisors (EAs) on MetaTrader✘No✔Yes✔Yes1:30 (Retail) 1:400 (Pro)✔Yes✘No
Trade Nation Expert Advisors (EAs) on MetaTrader✘No✘No✘No1:30✘No✘No
Pepperstone Expert Advisors (EAs) on MetaTrader, cBots on cTrader✘No✘No✔Yes1:30 (Retail), 1:500 (Pro)✔Yes✘No
Fusion Markets Expert Advisors (EAs) on MetaTrader, cBots on cTrader✔Yes✘No✘No1:500 (Exceeds ESMA limits; high risk)✔Yes✘No
FBS Expert Advisors (EAs) on MetaTrader✔Yes✔Yes✘No1:30✔Yes✘No

Compare the Ratings of Top CFD Brokers

See how the top CFD brokers compare in all key areas according to our hands-on tests:

Compare the Ratings of Top CFD Brokers
BrokerTrustPlatformsAssetsMobileFeesAccountsResearchEducationSupport
Eightcap 4.3 / 54.3 / 53.6 / 54.6 / 53.8 / 54.0 / 53.5 / 53.5 / 54.0 / 5
AvaTrade 4.6 / 54.3 / 54.5 / 54.2 / 54.0 / 54.3 / 54.3 / 54.5 / 54.3 / 5
Trade Nation 4.3 / 53.9 / 53.7 / 54.5 / 54.3 / 54.2 / 53.9 / 54.2 / 54.9 / 5
Pepperstone 4.6 / 54.8 / 54.6 / 54.3 / 54.5 / 54.0 / 54.3 / 54.0 / 54.6 / 5
Fusion Markets 4.1 / 54.0 / 53.5 / 54.6 / 54.4 / 54.2 / 53.5 / 53.0 / 54.5 / 5
FBS 3.3 / 53.5 / 53.7 / 54.8 / 54.0 / 53.5 / 53.8 / 53.5 / 53.8 / 5

Compare CFD Trading Fees

The cost of trading with a CFD broker will make a big difference over time. Here's how the top CFD providers stack up on costs:

Compare CFD Trading Fees
BrokerCost RatingFixed SpreadsInactivity FeeCFD FTSE SpreadCFD GBP/USD SpreadCFD Oil SpreadCFD Stocks Spread
Eightcap 3.8 / 5✘No$01.20.10.030.03 (Apple Inc)
AvaTrade 4.0 / 5✔Yes$500.51.50.020.13
Trade Nation 4.3 / 5✔Yes$0From 0.4From 0.6From 3.0Variable
Pepperstone 4.5 / 5✔Yes$01.00.40.020.02
Fusion Markets 4.4 / 5✘No$01.00.132.00.01
FBS 4.0 / 5✘No$03.421.30.020.12 (Apple)

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
Eightcap 4.0 / 54.1 / 539084.8 / 54.4 / 5
AvaTrade 4.3 / 54.8 / 5136164.3 / 54.0 / 5
Trade Nation 4.0 / 54.5 / 521734.5 / 54.5 / 5
Pepperstone 4.0 / 54.2 / 537124.4 / 54.1 / 5
Fusion Markets 3.6 / 54.8 / 5102494.8 / 54.4 / 5
FBS 4.6 / 54.3 / 5102244.6 / 54.9 / 5

How Popular Are These CFD Brokers?

Many traders prefer the most popular CFD brokers, i.e those with the most signed up clients:

Why Trade CFDs with Eightcap?

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Christian Harris Christian Harris, Reviewer

Eightcap quick facts

FTSE Spread
1.2
GBPUSD Spread
0.1
Stocks Spread
0.03 (Apple Inc)
Leverage
1:30
Regulator
FCA, ASIC, CySEC, FSC, SCB, FSA
Platforms
MT4, MT5, TradingView, TradeLocker
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

  • Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, and more recently the 100-million strong social trading network TradingView.
  • Eightcap Challenges, the broker's prop trading firm, is multi-regulated, removing the third-party risks we commonly see with white-label prop firms, and its tailoring its funded accounts to crypto traders with around 150 crypto pairs, plus it's integrated into the TradingView interface.
  • Eightcap has brought in GOLD247 for 24/7 trading opportunities on a gold/USD CFD with leverage up to 1:20, minimum trade size of 0.01 lots, and no commission, appealing to weekend traders interested in the precious metal.

Cons

  • Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
  • Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.

Why Trade CFDs with AvaTrade?

AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

FTSE Spread
0.5
GBPUSD Spread
1.5
Stocks Spread
0.13
Leverage
1:30 (Retail) 1:400 (Pro)
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Pros

  • Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
  • Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
  • AvaFutures traders can now use TradingView for 100+ indicators, screeners and a calendar, the sharing of trade ideas, commissions from $0.45, intraday margins from $60, and access to exchanges like CME and EUREX.

Cons

  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.

Why Trade CFDs with Trade Nation?

Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.

Christian Harris Christian Harris, Reviewer

Trade Nation quick facts

FTSE Spread
From 0.4
GBPUSD Spread
From 0.6
Stocks Spread
Variable
Leverage
1:30
Regulator
FCA, ASIC, CMVM , FSCA, SCB, FSA
Platforms
TN Trader, MT4, TradingView
Account Currencies
USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK

Pros

  • The demo comes with a $5,000 practice account and you can request a one-on-one platform walkthrough by callback - this level of personal help is rare.
  • In testing of the TN Trader account under normal market conditions, fixed spreads held while fills were prompt on major forex pairs, with a slight drift in the entry level as price ticked between click and fill.
  • Trade Nation accounts can now be linked with TradingView, providing advanced multi-charts and the ability to execute trades directly.

Cons

  • There is no raw or ECN pricing tier, which are often prefered by day traders. No matter how much you deposit or trade, you use the same fixed (or variable on MT4) pricing as beginners, making it unsuitable for scalpers especially.
  • Withdrawals can take up to five business days, which is around the industry average but slower than the 1-3 days we’re increasingly seeing brokers offer in an attempt to quash withdrawal complaints from retail investors.
  • Offshore SCB and FSA entities allow retail clients up to 1:200 and 1:500 leverage compared to 1:30 in regions like the UK, Europe and Australia, so an FSA client can have 16 times the exposure of a UK retail client on the same trade, but with less oversight and no compensation scheme.

Why Trade CFDs with Pepperstone?

Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/5 support (18h a day on weekends).

Christian Harris Christian Harris, Reviewer

Pepperstone quick facts

FTSE Spread
1.0
GBPUSD Spread
0.4
Stocks Spread
0.02
Leverage
1:30 (Retail), 1:500 (Pro)
Regulator
FCA, ASIC, CySEC, BaFin, DFSA, SCA, SCB, CMA-Kenya
Platforms
Pepperstone Trading Platform, MT4, MT5, cTrader, TradingView
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • Pepperstone has greatly improved the deposit and withdrawal experience in recent years, adding Apple Pay and Google Pay in 2025, as well as PIX and SPEI for clients in Brazil and Mexico in 2024.
  • Award-winning customer support is available via telephone, email or live chat with response times of <5 minutes during testing and friendly agents knowledgeable about its products and trading tools.
  • After adding spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools for financial spread bettors in supported countries.

Cons

  • Despite improvements to its range of markets, crypto CFD offerings are still fairly limited compared to other brokers who focus on this area, such as Eightcap, and there's no option to invest in real coins.
  • Execution may not feel as reliable in fast markets as headline speeds suggest. In our own testing, execution was fast at desired prices, but some community complaints focus on slippage, stop-loss fills and spread-sensitive order triggers during volatile conditions.
  • Overnight holding fees are higher than that found with some Market Maker brokers (usually Benchmark + 2.5%). This makes pepperstone an ideal broker for day traders and forex scalpers but less suitable for swing traders who often keep position open overnight.

Why Trade CFDs with Fusion Markets?

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Jemma Grist Jemma Grist, Reviewer

Fusion Markets quick facts

FTSE Spread
1.0
GBPUSD Spread
0.13
Stocks Spread
0.01
Leverage
1:500 (Exceeds ESMA limits; high risk)
Regulator
ASIC, VFSC, FSA
Platforms
MT4, MT5, cTrader, TradingView, DupliTrade
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
  • Withdrawal processing times have been slashed to under an hour and can be processed 24/7, making it faster and easier for active traders to withdraw any gains.
  • The range of charting platforms and social trading features is excellent, with MT4, MT5, cTrader and more recently TradingView, catering to a wide range of trader preferences.

Cons

  • Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
  • The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
  • Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.

Why Trade CFDs with FBS?

FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.

Christian Harris Christian Harris, Reviewer

FBS quick facts

FTSE Spread
3.42
GBPUSD Spread
1.3
Stocks Spread
0.12 (Apple)
Leverage
1:30
Regulator
ASIC, CySEC, FSCA, FSC
Platforms
FBS App, MT4, MT5
Account Currencies
USD, EUR, AUD, JPY

Pros

  • The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
  • 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
  • FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.

Cons

  • Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
  • Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
  • There are only four base currencies available - EUR, USD, AUD and JPY (region dependant) - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.

How To Choose A Top CFD Broker

Contracts for difference (CFDs) are a high-risk product available from hundreds of online brokers, however not all firms can be trusted and trading conditions vary. That’s why we, and you, should look at several factors to find the right CFD provider for your needs:

Trust

The most important consideration is choosing a trusted CFD broker. 

You risk losing money in scams or from business failure if you sign up with an unreliable broker. One example is EverFX: the FCA banned the firm from offering CFDs to UK customers in May 2021 after raising concerns about its practices, where clients were encouraged to move funds to high-risk, unregulated entities, leaving clients with little to no regulatory protection.

The best sign that a CFD broker can be trusted is oversight from a top-rate regulator like the UK Financial Conduct Authority (FCA), Australian Securities & Investments Commission (ASIC), or Cyprus Securities & Exchange Commission (CySEC).

FCA-regulated CFD broker Plus500 license details
Plus500 – FCA License

That’s why we review each CFD broker’s licensing details to ensure they have the regulatory authorizations they advertise.

We also test each broker carefully to check for unethical practices and only recommend providers that earn the confidence of our in-house experts, who have reviewed hundreds of brokers over many years.

  • Plus500 maintains a very high trust score of 4.9/5 thanks to its oversight from the likes of the FCA, ASIC and CySEC, listing on the London Stock Exchange, 15+ years of industry experience, transparent trading conditions, and excellent reputation.

Markets

Selecting a CFD broker that offers access to the financial markets you want to speculate on is key.

CFDs are a versatile trading vehicle that can be used to trade a wide range of asset classes, including stocks, forex, commodities and cryptocurrencies, and we look for brokers that provide enough variety for traders to build a diverse portfolio.

CMC Markets - most popular instruments
CMC Markets – Most Popular CFDs
  • CMC Markets continues to excel for its above-average selection of 12,000+ CFDs, including 300+ currency pairs – more than every other CFD provider we have tested to date.

Fees

Picking a CFD broker with competitive fees is an important consideration, especially for active day traders for whom frequent costs can cut into profits.

Most CFD platforms make money through spreads. This is the difference between the quoted buy and sell prices, and real market prices. It’s essentially a markup for the broker’s services.

Fees also come in the form of commissions which take a percentage of each trade. The good news is that to stay competitive, many of the best CFD brokers are waiving commission fees.

CFD brokers also make money through financing. When you trade using margin or leverage, you essentially borrow funds from the brokerage to increase your position size. Most firms factor in a fee for these financing services.

Table showing IC Markets CFD commodity spreads
IC Markets – CFD Commodity Spreads

We monitor the trading fees of our top CFD brokers each year to ensure they maintain their edge by continuing to offer tight spreads with low or no commission fees.

We also weigh the trading and non-trading fees (deposit/withdrawal charges and inactivity penalties) against the total package available, including market access and trading tools, on the basis that value for money is more important than simply having the lowest fees.

  • IC Markets consistently ranks as one of our cheapest CFD brokers. The Standard account is great for beginners with commission-free CFDs and spreads from 0.8 pips, while the Raw account will serve intermediate and advanced traders with spreads from 0.0, a low commission of $3.50 per lot, per side, plus rebates for high-volume traders.

Leverage

Given the risk of high losses with derivatives like CFDs, choosing a broker with transparent leverage and margin requirements is key.

Leverage allows you to greatly increase the potential profitability of trades with a relatively small amount of capital. Leverage is often written as a ratio, for example 1:10. Here, a $100 outlay would give you $1,000 in buying power ($100 x 10).

Table showing CFD leverage on forex
FXCC – Leverage on Forex CFDs

Importantly, the amount of leverage available can vary greatly among CFD providers. If your broker is regulated by a top-tier body like the FCA, ASIC or CySEC, then it is likely to be restricted to a maximum of 1:30 for forex and lower amounts for more volatile instruments like crypto.

These regulators also require CFD brokers to provide negative balance protection, ensuring you cannot lose more than your account balance.

Still, many traders choose to sign up with offshore CFD brokers who can offer higher amounts of leverage, sometimes reaching 1:3000.

I do not recommend beginners trade CFDs with high leverage given the risk of substantial losses. Risk management tools like stop-loss orders can help limit potential losses, but they do not guarantee execution at the chosen price and can be affected by slippage and market gaps.

James BarraJames BarraAuthor
  • Pepperstone is a good example of a reliable CFD broker that offers transparent leverage and margin terms in line with regulatory requirements where it’s authorized.

Platforms and Apps

Choosing a broker with a user-friendly CFD trading platform and the features you need to analyze the markets is essential.

Based on our extensive experience, the top CFD providers offer popular third-party software like MetaTrader 4, which is great for advanced traders interested in technical analysis and algo trading, alongside user-friendly proprietary platforms and mobile apps that deliver an intuitive user experience for beginners.

AvaTrade CFD trading platform with chart
AvaTrade – CFD Platform
  • AvaTrade stands out for its excellent platform line-up, from MT4 and MT5 to the in-house WebTrader that performed well during testing with an intelligent design, smooth user experience and a strong charting package comprising 60+ indicators, 14 drawing tools and 10 timeframes.

Value-Add Features

With many CFD brokers offering competitive packages today, considering the additional features available can be a great way to find a firm that best caters to your experience level and strategy.

We’ve seen that the best CFD providers offer a variety of extra tools to give traders the best chance at success. This can include engaging educational materials and social investing platforms to support new traders, market research tools like Trading Central to help you discover opportunities and virtual private server (VPS) hosting to give advanced day traders the fastest execution speeds with low latency.

Pepperstone guide on how to trade CFDs
Pepperstone – CFD Guide
  • Pepperstone excels for its large suite of extra tools that elevate the CFD trading experience, from daily market news, code-free automation tools like Capitalise.ai, and top-rate education with guides to CFDs for beginners.

Regulators Are Stepping Up Oversight Of CFD Brokers

While more could always be done, regulators in multiple major jurisdictions have been tightening their grip over CFD brokers in recent years:

  • Australia (ASIC): In January 2026, ASIC announced it secured nearly A$40 million in refunds for more than 38,000 retail investors after finding widespread breaches among CFD brokers, including unlawful “margin discount” practices.
    • UK (FCA): In October 2025, the FCA warned some firms were pressuring retail CFD clients to opt up to elective professional status, which can mean losing important retail protections like 1:30 leverage caps and negative balance protection. In March 2026, the FCA also finalized new operational incident and material third-party reporting rules.
  • Cyprus / EU (CySEC): The European Securities and Markets Authority (ESMA) tightened CFD leverage requirements in 2018, applying a 10% initial margin requirement – effectively 1:10 leverage – to certain commodity CFDs and non-major indices, which was subsequently incorporated into Cyprus rules.

Bottom Line

The best CFD platforms provide a secure environment where you can speculate on global financial markets with user-friendly tools and low fees. Choose from our list of top CFD brokers to find the right platform for your needs.

Find out more about how we test CFD brokers.

FAQ

What Is A CFD Broker?

A CFD broker is a financial intermediary that enables you to speculate on price movements in various financial markets without owning the underlying assets.

They facilitate the trading process through an online platform. You sign up for an account, deposit funds, trade CFD products and then withdraw any profits.

Are All CFD Brokers Regulated?

CFDs are legal financial instruments that are tightly regulated in many jurisdictions. That said, brokers are banned from offering CFDs in some countries, including the United States.

For Specific Countries

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com