Top 10 Best UK CFD Brokers for 2019
Are you looking for the best CFD broker in the UK because you want to build a diverse portfolio of different market instruments without owning the underlining product?
We can help you.
While many brokers offer CFDs trading these days, they can vary significantly in the number of CFDs they offer as well as the types of CFDs available.
A good CFD broker should offer a diverse variety of CFDs from different markets, be open to different trading strategies, offer good market access and trading tools.
Whichever CFD broker you decide to trade with, make sure it compliments your trading style.
Top 10 of Best Cfd Brokers In The Uk
Here’s our ranking:
1. Pepperstone
Although technically from Australia, Pepperstone is has a strong presence in the UK, is FCA regulated, and offers the best CFD trading experience available to date. In comparison to its competitors, Pepperstone may offer fewer CFD instruments, however, it makes up for this by offering some of the best liquidity traders will ever come across. Traders can sign up for the ECN Razor Account or STP Standard Account, which are both highly recommended.
- Regulations: Pepperstone Limited authorised & regulated by the FCA (684312); Pepperstone Group Limited registered with ASIC (414530). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: ECN, Market Maker
- Leverage: 500:1 ASIC; 30:1 FCA
- Minimum Deposit: $ 200
- Platforms: MT4 (desktop, iPhone/iPad, Android), MT5 (desktop), cTrader (web platform, cAlgo, cTrader mobile)
- Headquarters: Pepperstone Group Limited is headquartered in Melbourne, Australia
- US Customers: No
- Other instruments: CFDs on indices, commodities, cryptocurrency
2. XM
XM is easily one of the top CFD brokers in operation today and has an excellent reputation. They have a great selection of CFDs to invest totalling over 1,000 instruments. These include indices, commodities, stocks, metals, energies as well as forex, which ideal for those who wish to diversify their portfolio. On top of that, XM are lightning fast claiming that supposedly “99.35% of All Trades are Executed in Less than 1 Second”.
- Regulations: Trading Point of Financial Instruments Pty Limited licensed by ASIC (443670); Trading Point of Financial Instruments UK Limited authorised & regulated by the FCA (705428); Trading Point Of Financial Instruments Ltd regulated by CySEC (120/10). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: 1:500
- Minimum Deposit: $ 5
- Platforms: MT4 (PC, Mac, web platform, iPad/iPhone, Android/Android tablet), MT5 (PC, Mac, web platform, iPad/iPhone, Android/Android tablet)
- Headquarters: Trading Point Of Financial Instruments Ltd is headquartered in Limassol, Cyprus
- US Customers: No
- Other instruments: CFDs on indices, commodities, stocks, metals, and energies
3. FxPro
FxPro offers the perfect combination of fast execution speeds and a great selection of over 250 CFDs instruments to invest in, including forex, shares, futures, indices, metals, and energies. FxPro are also known for being highly innovative, supposedly being the first broker to offer traders the cTrader platform and offer a wide range of tools alongside it. FxPro was also awarded ‘Most Trusted Forex Brand UK’ by Global Brands Magazine in 2017.
- Regulations: FxPro UK Limited authorised & regulated by the FCA (509956); FxPro Global Markets MENA Limited authorised & regulated by the DFSA (F003333); FxPro Financial Services Ltd authorised & regulated by CySEC (078/07) and the FSCA (45052); FxPro Global Markets Ltd authorised & regulated by the SCB (SIA-F184). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Agency
- Leverage: 1:500
- Minimum Deposit: $100, however, clients under the DFSA will need to deposit $500
- Platforms: MT4, MT5, cTrader, FxPro Edge (web platform)
- Headquarters: FxPro Group Limited is headquartered in Limassol, Cyprus
- US Customers: No
- Other instruments: CFDs on futures, indices, shares, metals, energies; spread betting
4. XTB
XTB offers an intriguing list of CFDs to invest in, including 1,639 different stock CFDs, an incredibly diverse selection, and 25 different cryptocurrency pairs, which is also a high amount. XTB also offers CFDs on ETFs, which are not always offered by CFD brokers. Their xStation 5 platform is also highly recommended for those looking for execution speeds than MT4.
- Regulations: XTB International Limited authorised & regulated by the IFSC (IFSC/60/413/TS/17); XTB Limited authorised & regulated by the FCA (522157) and by CySEC (169/12); X-Trade Brokers DM SA authorised & regulated by the KNF; XTB Sucursal authorised & regulated by the CNMV. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: 1:200
- Minimum Deposit: £ 250, € 250 or $ 250
- Platforms: MT4, xStation 5
- Headquarters: XTB Group is headquartered in Warsaw, Poland
- US Customers: No
- Other instruments: CFDs on stock indices, commodities, ETFs, cryptocurrency
5. IG
Trading CFDs with IG is highly recommended for traders who are looking for a highly experienced broker that has been around for a long time and still manages to offer world-class trading tools. IG claims to be the world’s largest retail CFD provider by revenue and boasts access to over 16,000 markets a number that is almost unbeatable.
- Regulations: IG Markets Limited licensed by ASIC (AFSL no. 220440), licensed by the FSP (No. 18923), and authorised & regulated by the FCA (195355); IG Index Ltd authorised & regulated by the FCA (114059). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: 1:200
- Minimum Deposit: £ 250 or equivalent
- Platforms: MT4, web platform, trading apps (iPhone, iPad, Android mobile, Android tablet), L2 Dealer
- Headquarters: IG Markets Limited is headquartered in London, UK
- US Customers: No
- Other instruments: CFDs on shares, indices, bonds, options, interest rates, sectors, cryptocurrency; spread betting; digital 100s
6. Admiral Markets
To get the most out of CFD trading with Admiral Markets, traders should open an Admiral.MT5 account with them which offers STP market access to over 3,000 markets including CFDs on energies, metals, indices, stocks, ETFs, bonds and cryptocurrencies. The Admiral.Markets is also highly recommended for those who want more features, however, the number of markets is reduced to 134.
- Regulations: Admiral Markets UK Ltd authorised & regulated by the FCA (595450); Admiral Markets AS authorised & regulated by the EFSA (4.1-1/46); Admiral Markets Cyprus Ltd authorised & regulated by CySEC (201/13); Admiral Markets Pty Ltd holds Australian Financial Services Licence (410681). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: Clients registered with a standard retail account can access 1:30 leverage, clients registered with a professional account can access 1:500 leverage
- Minimum Deposit: $ 200 or similar size in other currencies
- Platforms: MetaTrader WebTrader, MT4, MT5, MetaTrader Supreme Edition
- Headquarters: Admiral Markets UK Ltd. is headquartered in London, UK
- US Customers: No
- Other instruments: CFDs on commodities, indices, shares, bonds, cryptocurrency, ETFs
7. ActivTrades
ActivTrades is well-known to institutional and retail traders and offers some of the most flexible CFD trading available with no fees, commission or swap fees. It is also possible to trade mini and micro-lots with them which gives traders a higher degree of control. ActivTrades was also awarded ‘Best Online Trading Services’ by the ADVFN in 2018.
- Regulations: ActivTrades PLC is authorised & regulated by the FCA (434413) and the DSFA (2309); ActivTrades Corp is authorised & regulated by The Securities Commission of the Bahamas (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: STP, Market Maker, DMA
- Leverage: Clients registered under ESMA regulation can access 1:30 leverage, while other retail traders can leverage up to 1:400
- Minimum Deposit: No minimum deposit required
- Platforms: ActivTrader, MT4, MT5
- Headquarters: ActivTrades PLC is headquartered in London, UK
- US Customers: No
- Other instruments: Options; ETFs; CFDs on indices, international shares, commodities, bonds; spread betting (for UK-based clients) on forex, commodities, stocks, shares
8. ETX Capital
For retail CFD trading, ETX Capital offers two platforms ETX TraderPro and MT4 for CFDs on indices, commodities, equities and forex. While MT4 is the natural choice for many CFD traders, more serious traders will be drawn to the ETX TraderPro has a wider range of markets and tools to enhance trading strategies.
- Regulations: Monecor (London) Ltd authorised & regulated by the FCA (124721). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: 1:200
- Minimum Deposit: $ 100
- Platforms: ETX TraderPro (desktop, iOS, and Android), ETX MT4
- Headquarters: ETX Capital is headquartered in London, UK
- US Customers: No
- Other instruments: CFDs on indices, commodities, equities
9. CMC Markets
CMC Markets offers CFD trading on over 9,500 instruments, most of which are shares and over 300 are forex. To make the most out of trading CFDs with CMC Markets, their Next Generation Platform is the best platform. As of 2019, CMC Markets has also been around for 30 years and is also listed on the London Stock Exchange.
- Regulations: CMC Markets UK plc authorised & regulated by the FCA (173730); CMC Spreadbet plc authorised & regulated by the FCA (170627); CMC Markets Asia Pacific Pty Ltd licenced by ASIC (238054); CMC Markets Stockbroking Limited licensed by ASIC (246381); CMC Markets NZ Limited is registered with the New Zealand Financial services provider (41187); CMC Markets Singapore Pte Ltd licensed by MAS. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: Market Maker
- Leverage: 1:500
- Minimum Deposit: $ 200
- Platforms: Next Generation Platform, MT4, Stockbroking Standard Platform, Stockbrokering Pro Platform
- Headquarters: CMC Markets UK plc is headquartered in London, UK
- US Customers: No
- Other instruments: CFDs on indices, commodities, shares, treasuries, cryptocurrency; spread betting
10. ThinkMarkets
ThinkMarkets are a great option for CFD traders looking to avoid commissions which can be done with their ThinkZero account. Currently, ThinkMarkets offers 154 CFDs, of which 33 are currency pairs. ThinkMarkets are also a great broker for those who wish to scalp or hedge their trades too.
- Regulations: TF Global Markets (UK) Limited is authorised & regulated by the FCA (629628); TF Global Markets (Aust) Pty Ltd licensed by ASIC (424700). (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
- Type: STP
- Leverage: 1:400
- Minimum Deposit: $ 250
- Platforms: MT4, Trade Interceptor
- Headquarters: ThinkMarkets Group is headquartered in London, UK
- US Customers: No
- Other instruments: CFDs on shares, indices, metals, energies, cryptocurrency
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