Best CFD Trading Platforms UK
If you’re looking for the best online trading platform, there are many to choose from. In this guide, we’ll look at some of the most popular CFD brokers in the UK, including eToro and Plus500. We’ll also discuss what factors make one CFD broker better than another and how they compare with each other on different aspects (such as fees or features).
Best CFD Platforms for UK
The best CFD platforms for UK traders are:
- AvaTrade. The most popular and well-known CFD broker in Europe, AvaTrade offers users a wide range of products including CFDs on stocks, indices, and commodities as well as options on shares and indices. They also offer leveraged trading options through their “FX Market Maker” feature which allows you to trade with up to 3x leverage at no additional cost.
- eToro Technologies Ltd (EToro) is another popular choice amongst British investors looking for an easy way to trade foreign currencies such as the US dollar or Japanese yen through their mobile app or website platform. EToro has been operating since 2007 making it one of Europe’s longest-established forex brokers offering both technical analysis tools along with fundamental research reports on global economies around the world so you can be sure that whatever strategy your choose will have access available if needed!
What is spread betting?
Spread betting is a form of investment that allows you to speculate on the price movement of an asset. You can trade CFDs (contracts for difference), stocks, and bonds.
CFDs are contracts between you and your broker that allow you to make a profit from fluctuations in the value of an underlying asset without having possession of it. The contract specifies when both parties must deliver their respective positions back to each other at a set date in the future, at which point all profits or losses will be finalized by settlement (ie: no further trading).
eToro – Best for social and copy trading
eToro is a social and copy trading platform. It offers an excellent range of trading tools, which include a live-streaming feature that allows you to keep track of the market in real time. There’s also a mobile app for iOS and Android devices so you can trade from anywhere at any time.
eToro has two types of accounts: One-to-One (OT) accounts make it easier for beginners because they only need to deposit money once per month into their account before being able to place trades; however, there is no limit on how much money can be deposited into these accounts. On the other hand, Professional (Pro) accounts allow more experienced traders with more experience investing their funds in different markets at once as well as having greater freedom over when they want/need to access them
What I like about trading CFDs at eToro
eToro is one of the most popular CFD trading platforms in the UK. It’s easy to use and has a growing number of features, including social trading, copy trading, and low minimum deposits.
- Social Trading: This allows you to make trades with other eToro users who have similar goals as you do. The more people that are using this feature at any given time, the higher your chances of making money on it!
- Copy Trading: When someone else makes a trade on your behalf by clicking “Copy” next to their trade details (you can see these by clicking on their name), then they will receive all profits from it – even though they weren’t involved in making that particular transaction themselves! If there are no other users available when trying this out the first time around then don’t worry too much because eventually, everyone will get around it eventually 🙂
AvaTrade – Best for a range of platforms
AvaTrade is a UK-based CFD trading platform that offers a wide range of platforms for traders to choose from. It’s one of the most popular platforms and has been around since 2003, so it’s very trustworthy.
AvaTrade offers transparency in terms of how their spreads are calculated and how you can trade on any given day. This is thanks to their unique spread structure which allows for better execution quality than other brokers by giving them more time to react when there’s an order coming through on your behalf (or as soon as possible). The platform also provides easy-to-use tools like live chat support 24/7 so that you don’t have too much trouble getting started with this amazing toolset!
What I like about trading CFDs at AvaTrade
I love AvaTrade because it’s one of the best CFD trading platforms in the UK. It has a wide range of CFDs to choose from, and its security is high-quality. The customer service is also top-notch, so you can always get help if you have any questions or concerns about your account.
Plus500 – Unique trading tools
The Plus500 trading platform is one of the most popular CFD trading platforms in Europe, with a trading volume of over $2.5 billion per month. The Plus500 offers unique tools for traders, such as technical analysis tools and social trading tools. These tools allow you to analyze historical price data from all major stock exchanges around the world and make informed decisions about whether or not you should invest in any given company or security.
Plus500 also provides customizable charts so that you can see how your investment has performed over time by changing variables such as time frame and currency pair used when analyzing historical data points on your account (or if this isn’t possible due to regulations). You can even add custom indicators to these charts so that they match up with what would generally be considered appropriate for each individual trade scenario during an active day on the markets (this feature isn’t available in all countries).
What I like about trading CFDs on Plus 500
Plus500 is a CFD trading platform that allows you to trade contracts for difference (CFDs). The basic idea is that you buy or sell an underlying asset, which may be shared in a company, oil, or gold. The difference between buying and selling the contract is that while your position can be closed at any time, it doesn’t have any fixed expiration date.
When considering whether or not to trade CFDs on Plus500, there are several things you should consider:
Saxo Markets – Best for a range of CFDs
Saxo Markets is a multi-asset online trading platform. It offers a wide range of CFDs, including stocks, commodities, and indices.
The Saxo Markets platform is designed to be easy to use for traders who want to trade an extensive range of assets in one place. The company’s website states that it has been operating since 2007 and provides “a comprehensive suite of innovative products” including forex, stock indices, and ETFs (exchange-traded funds).
What I liked about trading CFDs at Saxo
Saxo has a wide range of CFDs on many different assets, markets, and countries. This means you can trade in any asset class from equities to Forex.
You’ll also find that Saxo offers a number of different types of CFDs:
- Standardized futures contracts for currencies, commodities, stocks, and indices
- Non-standardized futures contracts are similar to spot forex trades but with higher leverage and lower margin requirements
HYCM – Best for frequent traders looking for low fees
If you’re looking for a low-fee trading platform, then HYCM might be the best choice. The minimum deposit is £10 and they offer trading fees between 1% and 0.5%. This means that even if you only trade with small amounts each month, your overall costs will still be low.
The platform itself is also very user-friendly; it’s easy to navigate and understand what’s going on in the market at any given time. You’ll find plenty of resources on their website too so there’s no need to worry about getting lost in jargon or technical terms as often happens when trying out new platforms for the first time!
What I like about trading CFDs on HYCM
I like the low fees, ease to use, and good customer service. The platform itself is very user-friendly and simple to navigate, making it easy for beginners to get started with CFDs. The interface has a lot of features that make it simple for new traders as well as experienced ones who want to trade without having too much experience in the field.
Trading 212 – Best for a free share worth up to £100
Trading 212 is the best CFD trading platform for a free share worth up to £100. This means you can try out the platform and test your skills without having to pay any money for it, but if you want to make some real money then it’s worth investing in some premium accounts.
Trading 212 is a great place for beginners as they offer training courses, free educational material, and live webinars that teach traders how they can improve their skills quickly by learning from professionals who have been doing this job since before there was even an internet!
The platform also has a great support team available 24/7 via email or phone call so if anything goes wrong with your account then they’ll be able to help resolve any issues quickly!
What I like about trading CFDs on Trading 212
Trading 212 is a CFD broker that offers low fees, great customer service, and a free share worth up to £100.
I love the fact that it has no hidden charges whatsoever. I also love the fact that it lets you trade on every type of asset class available to traders. You can choose from stocks, shares, and commodities or even currencies like EUR/USD or USD/JPY!
Conclusion
CFDs are one of the most popular ways to trade. They’re also a great way for beginners to get started in trading, as they require no upfront costs and allow you to trade with low risk. This article will go over some of the best online platforms for trading CFDs in the UK today, so read on if you want to learn more about how these companies work!