Best CFD Brokers For Beginners In UK

The top beginners CFD trading platforms in 2022 are:

  • CMC Markets CMC Markets - The Best CFD Broker Overall
  • Pepperstone Pepperstone - Has The Top Commission-Free Account
  • eToro eToro - Best UK Social Trading CFD Platforms
  • XTB XTB - Has Zero Commissions For Shares CFD
  • fxpro logo FxPro - Has Good Fixed Spread Options
  • IG IG - Has Great Education Library

CMC Markets
Pepperstone
eToro
XTB
FxPro
Our Rating
7.17
9.33
7.17
5.42
7.46
73% of retail investor accounts lose money when
spread betting and/or trading CFDs with this provider
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
68% of retail investor accounts lose money when trading CFDs with this provider.
76% of retail investor accounts lose money when trading CFDs with this provider
77.20% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Regulations and Licenses

Feature
CMC Markets
Pepperstone
eToro
XTB
FxPro
FCA (UK)

Brokerage

Feature
CMC Markets
Pepperstone
eToro
XTB
FxPro
EUR/USD Avg. Raw Spread
-
0.17
-
-
0.25
GBP/USD Avg. Raw Spread
-
0.59
-
-
0.74
AUD/USD Avg. Raw Spread
-
0.24
-
-
0.61
EUR/USD Standard Spread
0.73
0.77
3.00
0.70
1.24
EUR/USD Fixed Spreads
-
-
1.38
Commissions (USD Base)
-
$3.50
-
-
$4.50
Minimum Deposit
$0
$0
$200
$250
$0
Swap Free Account
No Inactivity Fees
Funding Methods
6+
16+
11+
5+
4+
No Funding Fees

Markets and Instruments

Feature
CMC Markets
Pepperstone
eToro
XTB
FxPro
Currency Pairs
338+
62+
49+
49+
69+
Cryptocurrency CFDs*
19+
12+
46+
16+
30+
Index CFDs
46+
14+
13+
42+
24+
Share CFDs
9,000+
300+
2000+
1750+
150+
Commodities CFD
124+
9+
33+
22+
21+
Stockbroking
9,000+
2000+
-
-
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
500:1
400:1
500:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
CMC Markets
Pepperstone
eToro
XTB
FxPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

CMC Markets
Pepperstone
eToro
XTB
FxPro
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 7.17 ASIC, MAS
FCA, IIROC
- - - 140 $0 338+ 19+ 30:1 500:1
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 5.42 FCA, DFSA
CySEC, BaFin
- - - 160ms $250 49+ 16+ 30:1 500:1
Visit Broker > 7.46 FCA, FSCA
CySEC, SCB
0.25 0.74 0.61 110 $0 69+ 30+ 30:1 200:1