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Updated 8 Mar 2022

Trader Rating
Open Demo Account 73.81% of retail investors lose money when trading CFDs with this provider Full Review
1st Strengths
  • group is in compliance with major and minor regulatory bodies, including the FCA, CYSEC, ASIC and the NBRB of Belarus
  • In compliance with the regulatory requirements, segregation of customer deposits with Tier One banks, encryption of all personal and trading session data and negative balance protection
  • 6,000+ tradable assets in shares, indices, currency pairs, commodities and cryptocurrencies
1st Weaknesses


Trader Rating
1st Strengths
  • No Trading Commissions
  • No Fees On Deposits
  • 24/5 Customer Support
1st Weaknesses
  • Limited amount of asset classes
  • High minimum deposit on premium accounts
  • No bonus offered


Trader Rating
1st Strengths
  • Excellent robo advisory service on offer
  • Well-regulated broker with stringent customer trust and safety practices
  • No inactivity fees on accounts
  • Excellent brand reputation
1st Weaknesses
  • Not the most competitive spreads out there
  • Social trading features could be better
  • Limited withdrawal and deposit options

IQ Option

Trader Rating
1st Strengths
  • Low CFD fees
  • User-friendly trading platform
  • Easy account opening process
  • Low trading fees
  • Low minimum deposit
1st Weaknesses
  • Inactivity fee
  • Limited of educational resources
  • No support for MT4/MT5


Trader Rating
1st Strengths
  • Top-tier regulation
  • Inventor of spread betting
  • Award-winning trading platform & apps
  • Negative balance protection at zero extra cost
  • Massive market range (17,000+)
1st Weaknesses
  • No support for Skrill or Neteller


Trader Rating
1st Strengths
  • MT5 trading
  • Good range of tradeable instruments across multiple asset classes
  • Excellent choice of account types
  • Client funds kept in segregated accounts
1st Weaknesses
  • Limited choice of cryptocurrencies
  • Limited number of indices available
  • No US clients


Trader Rating
1st Strengths
  • Forex ECN and STP trading
  • Great selection of US/UK/EU/AU/HK stock CFDs
  • High levels of account and deposit protection
  • Quick execution speeds
  • Interesting bonuses and promotional offers
1st Weaknesses
  • Cryptocurrency trading options could be better
  • Only 40 currency pairs on offer
  • Limited support for exotic currency pair trading


Trader Rating
Open Demo Account 68% of retail CFD accounts lose money Full Review
1st Strengths
  • Market-leading social trading platform
  • Wide range of cryptocurrencies
  • Authorised and regulated by several leading financial authorities
  • Beginner-friendly features such as CopyTrader
1st Weaknesses
  • Only supports one base account currency (USD)
  • $5 withdrawal fee
  • Offer does not apply to US users


Trader Rating
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.14% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Full Review
1st Strengths
  • Fully regulated
  • Competitive fees
  • Wide range of instruments
  • Excellent trading platform
  • No minimum deposit
1st Weaknesses
  • No MetaTrader platforms
  • No cryptocurrencies
  • Only bank transfers to fund the account

Moneta Markets

Trader Rating
1st Strengths
  • Offers a powerful in-house platform as well as MT4/5
  • Provides good leverage options, including as high as 500:1 in some cases
  • Offers a mobile app that can be downloaded on both iOS and Android
  • Gives customers a range of customer service options
  • Deposit bonus can be redeemed several times over, whether a trader is new or not
1st Weaknesses
  • Leverage levels vary considerably between asset classes, and are not always favourable to the trader
  • The broker’s services are not available in certain countries