CFD Brokers UK – Beginner’s Guide

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Contracts for difference (CFD) trading is experiencing a resurgence in popularity. If you want to start trading CFDs, the first thing to do is to choose a reliable CFD broker. The volume of services offered and the reputation of the broker are the key criteria for choosing the best CFD broker.

Advantages of CFD trading:

  • No fees (because the trader does not own the underlying asset and has no obligation towards it);
  • Low trading costs (making CFD trading accessible to all traders);
  • Greater leverage in trades, which can significantly increase potential profits;
  • CFDs do not lose their relevance; they will always be present in the market;
  • Ability to hedge (i.e. a trader can open a position that goes against a current open position to help reduce the risk of loss);
  • A wide range of trading instruments, including bitcoin and other popular cryptocurrencies.

Best CFD Brokers UK

We present to you the list of the best CFD brokers, which offer traders the opportunity to earn money on CFDs on commodities, metals, currencies, etc. without having to buy them. After reading the detailed descriptions of the CFD brokers, you will be able to choose the one that best suits your needs. Study the reviews of traders on the selected broker, pass a quick registration and start earning money with CFD trading today.

The following platforms are suitable for novice traders.

eToro

It is a trading platform and a social trading network, where you can copy the trades of the most successful traders (this is called copy trading). Users have the ability to trade contracts for difference (CFDs): stocks, commodities, indices, ETFs, currency pairs and cryptocurrencies. eToro is one of the largest social trading networks in the world, which is why it has a reputation as a reliable CFD broker.

On eToro, you can either copy the most successful traders or become a trader and follow yourself.


FxPro

It is an international broker that has been providing a wide range of trading services in the Forex market since 2006. With FxPro, you can trade CFDs on stocks, spot energies, metals and indices. The company currently has two central offices (in Cyprus and the UK), which serve both retail and institutional clients of the Forex market.

AvaTrade

Even though AvaTrade still lags behind many brokers in terms of asset variety, it is constantly expanding its range of markets and number of trading tools and licenses. The broker offers a wide range of features and options to traders. The range of trading instruments in different markets includes CFDs, options and cryptocurrencies, as well as a number of major and minor forex currency pairs.

There are many other reliable CFD brokers in the UK, including:

  • Admiral Markets United Kingdom
  • GI
  • Pepper
  • tick mill
  • Forex.com
  • FXCM
  • Index of cities

The best CFD brokers always provide the best software available. Charts and technical analysis software are important tools for successful trading. Other services provided by the broker are aimed at improving the trading skills of the investor. Keeping track of economic calendars and important news can also help. In order to trade international securities, traders need to be fully informed about current events. All of these factors should be considered when choosing the best CFD broker.

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