Be aware of this: There is a jungle of providers of online trading platforms. In general we strongly recommend everyone to stay away from binary option platforms.

If you use your bank to trade stocks and other assets then you need to pay management fees every time you buy or sell. CFD online trading platforms has become popular because many of them offers 0% commissions, where you are not charged any trading fees other than spreads. Zero commission means that no broker fee has been charged when opening or closing the position. Note that zero commissions in general does not apply if you short or trade with leverage.

There is a large selection of different CFD online trading platforms, and many of them should be avoided. Our ranking list gives you insights to different CFD online trading platforms and makes it easy for you to find established CFD providers with a long history and strong regulation.

Note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money.

Here Is Our Top 3 List Ranking:

Disadvantages:

The verification process to secure your account may take a few days. However, you have the option to trade up to $ 2,000 immediately before the verification process of the account has been completed.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Disadvantages:

 Don´t let you trade without gearing.

No option to invest directly in any instruments, only through CFD contracts.

All trades has “over-night” fees, that makes the platform not suiteable for longterm positions.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% 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.

Disadvantages:

 Don´t let you trade without gearing.

No option to invest directly in any instruments, only through CFD contracts.

All trades has “over-night” fees, that makes the platform not suiteable for longterm positions.

 All trades has expiration date or rollover date.

 Not as user-friendly platforms as the best ones.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

In particular, we would like to point out that platform needs an update to be as user-friendly as the best. In addition, the fee structure is too complicated.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

In particular, we would like to point out that platform needs an update to be as user-friendly as the best. In addition, the fee structure is too complicated.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

In particular, we would like to point out that platform needs an update to be as user-friendly as the best. In addition, the fee structure is too complicated.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

We would particularly like to point out that the fees are too high mainly due to high minimum fees.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

Disadvantages:

Did not qualify to be ranked in our top 3 list in this category.

Conclusion

eToro is our platform winner. This platform currently has more than 17 million users and is a regulated and secure platform.

Here are some of the reasons why we scored the eToro platform as our #1 choice:

• Is currently the only CFD platform that gives you the choice to buy certain stocks, ETFs and cryptocurrencies without gearing where you own the underlying asset directly and not through a CFD contract.
• Gives you the option to trade with or without gearing.
• eToro also offers the world's largest social trading network through their platform, where you can easily follow and copy other successful traders. When those investors trade, his or her copy traders mirror the trade in real time. We see a great benefit with this idea, as those investors are trading with their own money and are getting paid per month for the people who follow them. They aren’t fund managers sitting elsewhere and working with yours.

How to get started?

The first thing you need to do is go through a verification process to make sure you are you. Once you have done this, you can transfer money with your visa card. Then you are ready to make your first trade.

The platform lets you either find the assets you want to trade by yourself, invest in one the funds or copy other investors by following them and copying them in real-time. This sharing functionality, being able to follow what other successful traders do, is probably the main reason why eToro is currently used by more than 6 million people in the world.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.