A side-by-side comparison of forex and CFD brokers across the criteria that genuinely separate one provider from another.
Comparisons cover regulatory jurisdiction and the protection attached to it, execution model, total trading cost including swaps and commissions, minimum deposit, available instruments, withdrawal speed and conditions, and platform reliability. The format allows traders to filter by the factors most relevant to their own situation.
Comparisons are not weighted to favour brokers that pay the most. Cost is only one of several factors that determine suitability, and the advertised spread often differs from the spread a trader actually pays. A broker that ranks first on cost may still be unsuitable for a given trader.
The most appropriate broker is not a universal answer. It depends on the trader's location, the instruments they trade, their trading frequency, and the weight they place on regulatory protection relative to cost. A comparison narrows the field, after which traders should consult the full broker review and the broker's client agreement before opening an account.
New to regulation? Read our regulation guides to understand what a licence protects before you weigh cost against safety.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Risk warning: Trading forex and CFDs carries a high level of risk. Even with a regulated broker, you can lose more than your initial deposit.