Best CFD Trading Platform UK 2024

In this guide, we will go over the best CFD trading platforms in the UK.

Picking the right CFD Brokerage as a UK trader should be a top priority. We base our lists on various factors like: CFD fees, security, ease-of-use, charting and tools, education offered, research and more. We list the best CFD brokers that offer competitive prices, high security standards, and wide selection of available securities.

Without further ado… here are our top picks for the best UK CFD trading platforms

Top Rated CFD Trading Platforms UK 2024

We analyzed and researched many CFD brokers based on a variety of data points. Brokers had to meet a certain threshold to be included in our list. The Best CFD Brokers UK are:

  1. eToro – Copy Trading CFD Broker UK
  2. AvaTrade – Forex CFD Trading Platform UK
  3. Plus500 – CFD Trading Platform UK Top Pick
  4. XTB – UK CFD Broker with Low Forex Fees
  5. XM – Low Spread CFD Broker
  6. Interactive Brokers – CFD Trading Software UK
  7. City Index – Best For Spread Betting
  8. Pepperstone – Tight Spread CFD Online Trading Platform UK
  9. Admiral Markets – Best MetaTrader CFD Broker UK
  10. CMC Markets – Low Cost CFD Trading Platform UK
  11. IG – Reputable CFD Platform with Great Educational Resources
  12. FxPro – Great CFD Trading Platform UK For Execution Speed
best cfd trading platforms uk
Our Top Pick
etoro logo

PFI Rating: 4.9/5

eToro – Best CFD Copy Trading Platform UK

eToro is a multi-assets brokerage, founded in 2007. eToro is heavily regulated in top-tier jurisdictions including the FCA in the UK. eToro is the best CFD broker for beginners in the UK, thanks to their industry leading copy trading functionality.
Their web-based trading platform and mobile app is easy-to-use and is great for beginner to intermediate traders. Advanced users, looking for a more sophisticated solution, should look at Interactive Brokers.
eToro offers many products, including real stocks with 0% commissions. This makes it a great choice for UK traders looking beyond CFD trading.

eToro minimum deposit in the UK is $100 and $500 for Bank Transfers.

CFD trading costs are built into the spreads.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% 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.

Great For: Copy Trading

Trading Platform eToro
Founded 2007
Regulation FCA, CySEC, ASIC, FSAS
Offering Of Investments Stocks, ETFs, Forex, Crypto CFDs, Indices, Commodities
Minimum Deposit $50 - $100
Demo Account Yes
Withdrawal Fee $5
Inactivity Fee $10/month
Deposit Methods Skrill, Neteller, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly
Trading Fee eToro
EURUSD Varied Spread
GBPUSD Varied Spread
Bitcoin 1%
Apple Fees $0
Tesla Fees $0
Amazon Fees $0
S&P 500 Fees Varied Spread
Options Fee N/A
Mutal Fund Fees N/A
ETF Fee $0

Mobile App: 4.9/5

Regulation: 4.9/5

Fees: 4.9/5

Min. Deposit: $100

Overall: 4.9/5

Best For Forex CFDs
AvaTrade Logo

PFI Rating: 4.9/5

AvaTrade – Best Forex CFD Platform UK

AvaTrade is a great Forex CFD Trading Platform for UK Traders. Founded in 2006 and regulated by top-tier authorities, this CFD broker is a great option.
They offer copy trading, but through ZuluTrade or DupliTrade.
We recommend it to UK traders looking for a regulated and secure CFD broker.
AvaTrade offers: Forex, Spread Betting, Shares, Commodities, Bonds, Treasuries, ETFs, Cryptocurrencies, and Indices.
CFD trading costs are in line with the industry average. Avatrade Minimum Deposit is $100.
The inactivity fee is above the industry average – coming in at £50 per quarter after 3 months of inactivity.

For more you can read our AvaTrade review here.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Great For: Forex Trading

Trading Platform AvaTrade
Founded 2006
Regulation FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan
Offering Of Investments Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds
Minimum Deposit $100
Demo Account Yes
Withdrawal Fee $0
Inactivity Fee $50/month After 3 Months
Deposit Methods Credit and Debit Cards,Wire Transfer, e-payments
Trading Fee AvaTrade
EURUSD Spread: 0.9
GBPUSD Spread: 1.5
Apple Fees 0.13%
Tesla Fees 0.13%
Amazon Fees 0.13%
S&P 500 Fees 0.25 over market
Options Fee N/A
Mutal Fund Fees N/A
ETF Fee 0.13% - 0.15%

Mobile App: 5/5

Regulation: 4.9/5

Fees: 4.9/5

Min. Deposit: $100

Overall: 4.9/5

Great CFD Broker
Plus500 Comparison

PFI Rating: 4.8/5

Plus500 – Great for UK CFD Traders

Plus500 is a great trading platform for CFD trading in the UK. Plus500 was founded in 2008 and has become a world leader in the CFD industry. They are regulated by top-tier authorities, including Financial Conduct Authority (FCA) in the UK.
Their trading platform is intuitive, both on the web and as a mobile app. The minimum deposit at Plus500 is £100, and £500 for bank transfers. There are no withdrawal fees.
CFD trading fees are in line with the industry average. Plus500 has 0% commissions. They charge overnight funding, currency conversion, inactivity, and guaranteed stop order fees.
They currently support over 15 different base currencies and are constantly adding more.
For more, you can also Read Full Plus 500 Review.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Great For: CFDs

Trading Platform Plus500
Founded 2008
Regulation FCA, CySec, MAS, ASIC, FSA, FMA
Offering Of Investments Shares, Forex, Commodities, Indices, Crypto, Options, ETFs
Minimum Deposit $100
Demo Account Yes
Withdrawal Fee $0
Inactivity Fee Yes
Deposit Methods PayPal, Skrill, Credit Card, Debit Card, Bank Transfer
Trading Fee Plus500
EURUSD Spread: 0.01%
GBPUSD Spread: 0.02%
Apple Fees Spread: 0.74%
Tesla Fees Spread: 0.75%
Amazon Fees Spread: 0.75%
S&P 500 Fees Spread: 0.02%
Options Fee Spread
Mutal Fund Fees N/A
ETF Fee Spread

Mobile App: 4.7/5

Regulation: 4.8/5

Fees: 4.7/5

Min. Deposit: $100

Overall: 4.8/5


XTB is an online CFD and Forex broker with offices in London and Warsaw. XTB is the best CFD Trading Platform for some commission-free stocks and ETFs. They are regulated by the FCA. As part of their long track record of reliability, XTB regularly publishes financial statements.

Commission charges are some of the lowest available. XTB has no minimum deposit amount.

Forex FeesHigh Shares CFD Fees
Deposit And WithdrawalInactivity Fees
Account Opening


XM is regulated by CySEC and is the best CFD trading platform for their responsive and attentive customer service. XM is a social trading platform that allows users to copy the trading strategies of leading investors. Their platform has over 1 million users so there are a lot of options.

XM has a wide variety of educational material and research tools to help you. They have resources that are aimed at both novice and veteran clients.

Copy TradingCustomer Support
In-House Research
Demo Account

Interactive Brokers

Interactive Brokers was founded in 1978 and is heavily regulated worldwide. Originally based in the UK under the FCA, they have expanded across the globe.

Their platform is highly reliable and experiences next to no down-time.

Their platform is the best CFD broker for advanced clients.

Interactive Brokers collect and compile lots of market information, but they do not present it clearly. It can be overwhelming to newer users who aren’t accustomed to reading financial data yet.

Research ToolsTrading Platform Interface
No Minimum DepositAccount Opening
Long Track Record
City Index Logo

City Index

City Index is part of the GAIN Capital brand listed on the NYSE. They are regulated by the FCA as well as other highly-respected bodies globally.

On top of offering CFDs, they provide access to Forex and Crypto markets.

They are one of the most affordable brokers on this list. Their spreads and commissions are very low. Although they do charge inactivity fees, they are relatively low and only begin after a year of inactivity.

No withdrawal feeNo fundamental data
Easy to use platformTrading Tools
Plenty of tutorials on CFD trading
pepperstone logo


PepperStone is based in Australia but is also regulated by the FCA.

They have a wide variety of account types on offer, including popular ECN and STP types. Accounts with Sharia-friendly investing are available if requested.

PepperStone offers CFD trading with Forex, Crypto, and shares. They support MT4 and MT5 platforms as well as a host of other options.

Low inactivity feesResearch
Zero charge deposits and withdrawalsCFD Commissions
Risk Management Tools
Admiral Markets Logo

Admiral Markets

Admiral Markets is based in Estonia and offers CFDs and Forex. They are regulated by the FCA in the UK and other authoritative agencies.

AM has thousands of assets available. Their system supports MT4 and MT5 as well as WebTrader.

Segregated FundsMinimum Deposit
Wide Selection of 3rd party Trading PlatformsNo Fixed Spreads
“Zero to Hero” 21-day training course
CMC Markets Logo

CMC Markets

CMC Markets is a long-trusted publicly-listed forex broker. They are based in the UK and regulated by the FCA as well as other agencies. CMC offers one of the widest selection of tradable instruments at over 10,000 instruments. Unlike most other firms, their customer support is open 24/7. This attention to detail when it comes to customer service is what sets them apart from their competitors.

CMC Markets has hours of educational content on their website which is great to get beginners right into the swing of things.

Research ToolsCFD Commissions
Well RegulatedSpreads
Customer Service
IG Logo


IG is one of the largest retail brokers in the world. They are regulated by trusted authorities in many regions, including the UK’s FCA and BaFin in Germany.

IG uses a proprietary trading platform. The UI is customizable and quick to learn.

Trading PlatformFees
Company HistoryAccount Opening
Release Financial Statements
FxPro Logo


FxPro is a No Dealing Desk (NDD) broker regulated by many industry authorities globally. They have been operating since 2011 and have a positive track record of reliability.

They have options for Islamic-friendly accounts, although these exclude CFD options.

The FxPro platform offers copy-trading, which allows users to mimic the trading strategies of traders portfolios. Their platform is best for beginners looking to start.

Account OpeningCustomer Support
Allows Hedging and ScalpingEducation and Research

Compare UK CFD Trading Platforms

Compare UK CFD Brokers below based to see how they compare to each other.

Trading Platform eToro AvaTrade Plus500 XTB
Founded 2007 2006 2008 2002
Regulation FCA, CySEC, ASIC, FSAS FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan FCA, CySec, MAS, ASIC, FSA, FMA FCA, CySEC, Fincancial Services Commission in Belize
Offering Of Investments Stocks, ETFs, Forex, Indices, Commodities Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds Shares, Forex, Commodities, Indices, Crypto, Options, ETFs Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto
Minimum Deposit $50 - $100 $100 $100 $0
Demo Account Yes Yes Yes Yes
Withdrawal Fee $5 $0 $0 20 USD for withdrawals under 100 USD
Inactivity Fee $10/month $50/month After 3 Months Yes $10 monthly after 12 months
Deposit Methods Skrill, Neteller, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly Credit and Debit Cards, Wire Transfer, e-payments PayPal, Skrill, Credit Card, Debit Card, Bank Transfer Bank Transfers, Credit and Debit Cards, Skrill

Compare CFD Fees in the UK

We compared the fees of CFD trading in the UK below:

Trading Fee eToro AvaTrade Plus500 XTB Interactive Brokers
EURUSD Varied Spread Spread: 0.9 Spread: 0.01% 0.1 - 0.5 Spreads
GBPUSD Varied Spread Spread: 1.5 Spread: 0.02% 0.1 - 0.5 Spreads
Bitcoin 1% 0.13% Spread: 0.30% 3.5 USD 0.12% - 0.18% of trade value
Apple Fees $0 0.13% Spread: 0.74% 0.30% $0 commissions
Tesla Fees $0 0.13% Spread: 0.75% 0.30% $0 commissions
Amazon Fees $0 0.25 over market Spread: 0.75% 0.30% $0 commissions
S&P 500 Fees Varied Spread N/A Spread: 0.02% N/A N/A
Options Fee N/A N/A Spread N/A N/A
Mutal Fund Fees N/A 0.13% - 0.15% N/A N/A N/A
ETF Fee $0 0.13% Spread 0.30% $0 commissions

What is CFD Trading?

CFDs (Contract for Differences) are contracts between investors and financial institutions on a future value of an financial product. Contracts are bought or sold and are linked to an underlying instrument. Traders do not own the instrument they are speculating on. Instead, they use the CFDs to speculate on whether the instrument trends upwards or downwards over a specific period.

Here is a video from that explains how CFDs work.

YouTube video

Regulation and specifics in the UK 

CFD trading is legal in the UK, but it is subject to a set of region-specific regulations. These regulations cover tax status on CFD earnings, as well as rules on leverage maximums. Brokers in the UK are regulated by the Financial Conduct Authority (FCA). They are the determining body that sets limits on leverage and stop-losses. They also monitor and enforce adherence to their regulations and rules.

Limits in the UK are set at 30:1 at a maximum.

The FCA has insisted that a position will automatically close if funds fall below half the initial margin amount. Losses are also not allowed to exceed more than the total funds in the account.

New legislation in 2018 enforced them to report on the total percentage of their accounts that make losses. This reporting has led to some eye-opening numbers in that the majority of retail clients lose money.

Profits made are subject to capital gains tax. On the other end of the spectrum, losses incurred are tax-deductible.

Pros and cons

CFDs carry risk. While it is possible to make large returns due to leverage, it also amplifies the potential losses. Here are a few pros and cons of CFD trading in the UK.

If you’re looking for more information, skip to the end of this article where we’ve put together an FAQ as well as other important information on the subject.


  • Using leverage can lead to massive profits from a relatively small capital.
  • It’s possible to make money from both positive and negative movement of the underlying asset.
  • Commission on CFD tends to be lower than traditional trading vehicles.


  • Overnight fees for any contracts that run over a trading day.
  • Using leverage increases the potential loss.
  • You do not own the underlying instrument.

How To Start CFD Trading In The UK?

  1. Open an Account with a UK CFD Broker – Once you pick a broker, visit their official website. Simply click “open account” and fill in your personal information. The account opening process is completely digital.
  2. Verify your Identity – You will have to verify your identity by providing an ID and a utility bill or bank statement.
  3. Deposit Funds to Your Account – Once you are verified, it is time to deposit funds to your account. Most CFD brokers allow a good selection of deposit methods. These include bank transfers, credit cards and debit cards, e-wallets, and cryptocurrency. The minimum deposit varies, so make sure to check that beforehand.
  4. Start Trading – Once you verify your account and deposit funds, you can start trading.

How to pick the best CFD Brokers in the UK?

Every broker is different. Depending on where the company is based, it will be subject to different regulations. We’ve gone over some of the most important factors to consider below.

Regulation ⚖️

CFD Brokers that are listed in more than one country are subject to regulations of all the areas in which they are listed. Regulation affects things like leverage maximums, although in the UK it is limited to 30:1. Consider whether the regulations that your broker adheres to, forces them to keep your funds in segregated accounts.

Fees & Commissions 💲

CFD Brokers earn their money from people trading on their platform. Some have a monthly or yearly subscription fee, while most make their money with spreads. Many charge inactivity fees and overnight fees for holding positions open overnight.

Securities Available 📈

Make sure that the security you want to trade is available. Not every trading platform offers the same markets. Finding a broker with a wide range of securities is important, but it’s not the only thing you should consider. Brokers such as eToro have a wide range of securities.

Account Types 🧾

Usually you have different options of account types to choose from. The type depends on many variables, such as the funds deposited and subscription fee. For example, upgrading accounts lets you trade with lower fees and other benefits. An important account type is a demo account. This lets you try out trading strategies before opening a real money account.

Trading Platforms 🖥️

Trading platforms execute buy and sell orders and collect data. Some offer third party platforms like the MetaTrader 4, MetaTrader 5 (MT4/MT5), cTrader, or other platform. Most of the reputable brokers have their own platform.

Customer Support 📝

One of the most frequent complaints from clients is poor customer service. Support is often restricted to office hours. Serving customers from multiple time zones can complicate the process. AvaTrade is one broker in particular who is well known for having good customer support.

Leverage and Margin ⚙️

Leverage and margin are controversial aspects of CFD and retail trading. Maximums are set to 30:1 according to UK law, all of the brokers on this list keep to that limit. The number 30:1 means that you can increase your initial investment (your margin) by 30 times to secure a larger position.

A downside is that, while you can earn larger profits, you can also lose more than your initial investment.

Trading Tools 🔧

Trading tools are useful in understanding a particular market. It is important you know about the tools offered beforehand. Some of these tools will be useful to you, others may only be helpful to traders looking for other things.

One of the most useful, if often overlooked tools, is access to an economic calendar. Market fluctuations might seem random, but they are often linked to specific calendar dates. For example, if you bought CFDs based on the stocks of a Japanese company, it will be helpful to have access to the Japanese financial calendar.

Minimum Deposits 💰

Most brokers require a minimum deposit. Some brokers offer £0 minimum deposit, which is useful for some just looking to start. However, you cannot start trading if you don't have funds on your account.

Negative Balance Protection 📉

Some brokers offer negative balance protection. This is a great risk management tool, which helps protect your account going negative.


Are CFDs Legal In the UK?

CFD trading in the UK is legal. This is dependent on your broker adhering to the regulations set out by the FCA. The FCA sets out several guidelines that CFD brokers must follow. One of these provisions is that leverage maximums are set to 30:1. They argue that leverage higher than that is too risky for retail clients. Recently, the FCA prohibited CFD brokers from offering cryptocurrency derivatives. This means that you cannot trade speculating the value of cryptocurrencies such as Bitcoin.

How to Open an Account?

The steps to open an account depend on the broker you’ve chosen. Before opening a real account, consider opening a demo first.
Brokers will usually require to verify your email and personal details. After setting up an account, you will be required to link your bank card or other accepted forms of payment. Even CFD brokers that don't have a deposit minimum will require this. After receiving proof of your details and verifying your account details, you can start trading.

Do CFD Traders Pay Tax in the UK?

Traders who earn a profit on CFD trading will be required to pay Capital Gains Tax if their earnings exceed their annual CGT threshold. Traders do not have to pay Stamp Duty. If a trader loses money trading CFDs, they can write off their losses as tax-deductible.

About the author

Ziga Breznik is the owner and head of research at – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.