Top CFD Trading Platforms UK are increasingly opting for CFDs over traditional stocks or shares due to the flexibility and potential higher returns that they can offer. As such, there is a growing number of online brokers offering access to these products to traders in the UK. These platforms allow traders to speculate on price movements across a range of asset classes, including currencies, commodities, indices and shares. They also provide access to a range of tools including risk management options such as stop losses and trailing stops to minimise your exposure.
A good CFD broker UK will provide a user-friendly platform with real-time pricing information and advanced trading tools. The best providers include free market data and charts, a wide variety of technical analysis and trading tools, a large selection of CFDs to trade, as well as a demo account to practice with virtual money. Many will also offer negative balance protection, which reduces your exposure to losses by closing positions when the margin falls below zero.
UK’s Top CFD Trading Platforms Reviewed and Ranked
Spreadex was a late entrant to the CFD market, only adding it in 2017, but has quickly established itself as one of the best UK CFD brokers. Its platform is relatively simple but its focus on customer service and the fact that it trades 10,000 major and minor UK shares makes it a good choice for new traders.
eToro is another great option for beginners as it allows them to copy the trades of experienced investors with its unique social trading feature. This, coupled with its low minimum deposit and the ability to explore the platform with $100,000 in virtual funds via its free demo account, make it a highly recommended option for beginner traders.