skip to Main Content
enquiries@thearmchairtrader.com

Sign up for our Daily Digest newsletter - receive our daily market analysis and insight every morning

We’ve put together this list of what we feel are the best CFD trading platforms currently available. Each broker has been carefully chosen to offer a range of services and features, designed to help you choose the broker that best suits your trading needs.

We will only include reputable companies on the site – each of the CFD brokers featured here are authorised and regulated by a respected international regulatory body.

Choose from our selection of the best CFD trading platforms

You’ll find a full review of each broker and our opinion on the services and features they offer. To visit the broker website, choose the ‘Apply’ link.

BrokerMin DepositThe Armchair Trader says:
£1500Saxo Markets are a trusted brand that sit at the forefront of fintech advancement. Their platforms are simple to use and possess powerful features designed to appeal to a wide range of experience. A good all-rounder. See our full Saxo Markets reviewApply
£100With a strong focus on the trading experience, industry leading technology, low costs and award-winning client support, we feel that Pepperstone is a good option for the more established high volume day trader. See our full Pepperstone reviewApply
ETX Capital£500There’s a good range of markets to choose from and spreads are competitive too. We like the fact that you’ll be assigned an Account Relationship Manager when you open your account. See our full ETX Capital reviewApply
eToro$200Social trading offers beginners an opportunity to watch the behaviour of more experienced traders and interact with them. Financial markets are driven by volume and eToro offer you the chance to be a part of a 5million+ trading community. See our full eToro reviewApply
FP Markets logo$100FP Markets is an established ASIC regulated broker. They offer access to the industry leading MetaTrader platforms and provide pricing directly from the market meaning fast execution and transparent pricing. A 24/5 multilingual client support service has won recognition through the highly respected Investment Trends awards.. See our full FP Markets reviewApply
£250A solid all-rounder that places personal service at the heart of their offering, XTB will appeal to traders across a range of experience. See our full XTB reviewApply
Ig Group£250With deeper pockets to invest in their services than most brokers, IG’s platform suite and trading support tend to lead the way. IG is a good all-rounder for novice through to experienced traders and investors. See our full IG review
Accendo Markets£0If you are looking for a knowledgeable, personal service from your CFD, Spreadbetting or Forex broker, you won’t go wrong with the Accendo Markets team. See our full Accendo Markets review
$2000Interactive Brokers is one of the world’s leading futures brokers with the ability to offer direct market access to a range of securities.  The broker offers excellent platform stability, an excellent range of markets, and solid customer support. See our full Interactive Brokers review
ETX Capital£200FxPro provide a solid range of markets, covering all of the most popular choices. This range will easily cater for the needs of the majority of traders. See our full FxPro review
MARKETS.COM£100MARKETS.COM aren’t offering anything that stands them out from their peers at the moment. Education and client services aren’t particularly strong or innovative. See our full Markets.com review
$100Capital.com is a relative newcomer to the industry having been formed in 2016. However their rapid rise and recent approval as an FCA regulated broker suggests they are in a hurry to be taken seriously. See our full Capital.com review
TigerWit Review$200TigerWit is a new and bold entrant to the industry. They are leading the technology race amongst CFD providers with their use of blockchain to improve security, efficiency and transparency. See our full TigerWit review
Spread Co£200Spread Co doesn’t have the financial power of some of the bigger players to invest in tools and research products, so they play to their strengths. Pricing is kept low and we like the fact that spreads don’t change depending on market volatility. See our full Spread Co review
AvaTrade£100An AvaTrade account includes the powerful MT4 Platform which offers experienced traders with plenty of flexibility. Autochartist is a great tool and is included with deposits of over $500. See our full AvaTrade review

How do I choose from the best CFD trading platforms?

If you are new to trading Contracts for difference, we offer a variety of free resources that you can use to help you select the best CFD trading platforms and meet your personal trading needs.

We suggest that you start with the basics – ask yourself these important questions in order to find the best CFD trading platforms to suit your needs.

  • Do you need Educational tools to support your learning?
  • Are you able to check out the platform before you deposit funds using a demo account?
  • How regularly are you expecting to trade and what length of time will these transactions be open for? What are the costs involved to trade or hold positions overnight?
  • Does your broker offer access to the range of markets you’ll need?
  • Is it important for you to trade directly with the market through Direct Market Access or DMA, or are you happy to trade on pricing provided by your broker?
  • Is your broker regulated by a respected global authority such as the FCA, SEC, ASIC, BaFIN or similar?

Remember, Contracts for Difference are leveraged products which means any trades you make are magnified, whether they are winning trades or losing trades.

It doesn’t matter if your broker offers one of the best CFD trading platforms available if your understanding of the product isn’t at the level it needs to be. It is important that you have a trading strategy in place and that you understand leverage before you begin to trade with real money.

Opening a CFD trading account

The majority of Contracts for Difference brokers offer demo accounts, providing traders with the chance to test out their platform before they commit real money.

We strongly suggest that you give your chosen platform a test drive before you begin trading for real.

Before you start looking at brokers, download our free guide to choosing your CFD broker. It will give you a fantastic insight into how Contracts for Difference brokers operate and how you can use this to choose the broker that best fits with your trading objectives.

Share this article

Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

Back To Top

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Market insight and analysis, direct to your inbox

  • This field is for validation purposes and should be left unchanged.