Best Online CFD Trading Platforms

Stock market investment can be conducted in different ways. You can choose to subscribe to one of the stock market placement products offered by online banks, or register with an online trading platform with one of the many financial market brokers on the internet. In both cases, it is judicious to carefully compare the different offers available in order to find the one that best corresponds to your requirements. To assist you in your choice we have prepared a detailed comparison of the best online banks and broker trading platforms with the specific aim of enabling you, in just a few clicks of your mouse, to access all the information you require

The online trading platforms enable you, as do the online banks, to speculate on stock market assets. However the operation of these platforms differs slightly from the banks in that with the former it is you who completes your investment transactions. For this you will use trading instruments such as CFDs that will enable you to speculate on the movement of an asset price without actually buying it. To learn more about the differences between the trading platforms and the online banks read our article.


Broker Features Minimum deposit
logo Plus500
Attractive bonuses (T&Cs apply), numerous assets traded $100 Our analysis
logo eToro
Approved by MIFID, adapted for beginners $70 Our analysis
logo XM
Approved by Cysec, small deposit €5 Our analysis
logo AvaTrade
Fixed spreads, regulated by the MIFID €100 Our analysis

 

Which is the best Stock Market broker?

Trading on the stock market used to be reserved for finance professionals or those passionate about financial markets, and it often required calling upon the services of a bank or other physical broker.

However, it is nowadays possible to invest in shares, indices or other stock market assets, simply and easily via the internet using online brokers, the numbers of which increase rapidly as time goes by.

But it is highly important to know how to choose the broker offering the best advantages.

 

The best quality/price ratio:

As with all products or services, the online stock market trading platform users logically search for the best quality/price ratio in order to maximise their profits against the costs engendered. As you no doubt already know, the online CFD brokers charge no indirect fees but rather charge direct costs according to the volume traded, these are called ‘spreads’.

We can then differentiate between fixed and variable spreads, the latter sometimes being more profitable but possibly fluctuating according to the attractiveness of an asset at any given time. In this matter, some great online trading names distinguish themselves from their competitors with truly attractive offers, such as the broker FXCM which offers a spread of 90 on the Dow Jones and 60 on the CAC40.

 

The variety of stock market assets:

Another important point when analysing the quality of a stock market broker concerns the assets they offer for trading, and their variety. Certain brokers only offer a few CFDs on their stock market assets, particularly concentrating on currencies and commodities. Others offer their users a great variety of assets such as shares or stock market indices and certain brokers who boast a truly complete range of assets, such as FXCM, even offer bonds.

 

Pertinent tools and advice:

Finally, less experienced traders should also pay attention to the tools available on the platform of the broker they choose, but particularly its simplicity of use. You should therefore choose a reputable broker’s platform that offers a free demonstration account, such as that of the broker FXCM, that allows you to test all the functions and tools before investing your own money.

The various analyses and advice available from the broker concerned are also to be taken into account as it is these, and their pertinence, that your positions will depend on. You should know for example that the broker FXCM offers trading sessions in real time, commentated by finance professionals that will therefore assist beginner traders to learn to trade effectively and rapidly by giving them the keys to success.