| Online Broker | Minimum Deposit | Online Trading Platforms | About |
|---|---|---|---|
| Pepperstone | $200 Minimum Deposit | MT4, MT5, cTrader, TradingView Online Trading Platforms | Pepperstone provides trading on MT4, MT5, cTrader and TradingView and offers social and copy trading platforms About |
| City Index | $150 Minimum Deposit | MT4, Web Trader Online Trading Platforms | City Index provides a wide range of markets of its user friendly platform and offers MT4, with automated trading About |
| Plus500 | $100 Minimum Deposit | Plus500 Platform Online Trading Platforms | Plus500 provides a user friendly, intuitive trading platform with both technical and fundamental trading tools integrated About |
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R Trader Online Trading Platforms | IC Markets offers MT4, MT5 and cTrader, with support for scalpers and automated traders About |
| FOREX.com | $100 Minimum Deposit | MT4, Advanced Platform, Web Trader Online Trading Platforms | FOREX.com offers MT4 (with automated trading), its Advanced Trading Platform (with signals) and a user friendly Web Trader About |
| easyMarkets | $25 Minimum Deposit | MT4, MT5, easyMarkets Platform, TradingView Online Trading Platforms | easyMarkets provides MT4 and MT5 as well as its user friendly platform, as well as offering TradingView About |
| XM | $5 Minimum Deposit | MT4, MT5 Online Trading Platforms | XM offers MT4 and MT5, with a range of accounts including a Micro account with low trade sizes About |
| IC Markets | $200 Minimum Deposit | MT4, cTrader, MT5 Online Trading Platforms | IC Markets provides MT4, MT5 and cTrader, wirh rapid order processing and support for automated traders and scalpers About |
| Vantage | $200 Minimum Deposit | MT4, MT5, ProTrader Online Trading Platforms | Vantage provides MT4 and MT5 as well as user friendly ProTrader About |
Online Trading Platforms - What is CFD Trading
These brokers offer CFD trading in a range of markets and on various online trading platforms. They include currency trading platforms and platforms at UK brokers. But what is CFD trading ?
What does CFD stand for ?
CFD stands for Contract for Difference.
What is a Contract for Difference ?
As its name suggests it is a contract between the trader and the CFD provider to exchange the difference between the value of an underlying market at the opening and close of the contract.
Does the trader own an underlying market when trading CFDs ?
The trader does not own the underlying market. The CFD bases its value on the value of the underlying market.
What is the point of a CFD ?
It allows the trader to speculate on the movement in value of a market, i.e. to trade it, without owning it. It enables flexible leverage (however increasing leverage increases risk) and the capacity to go short as well as long.
Is spread betting the same as CFD trading ?
Spread betting which is available at some brokers in the UK, is not the same as CFD trading, but in both cases, the trader is speculating on the value of a market, without owning it.
