Best CFD Trading Platforms in Australia

In recent years, CFD trading has become a widely used method in online trading. It makes it possible for retail traders to get access to large markets commonly available to institutional traders only. This varied spectre of trading choices is what’s so tempting about CFD. However, more options don’t equal more profit which is why you should keep your eyes widely open and be super serious about CFDs.

This guide gives you a run-through of what CFD trading means and whether it’s the right thing for you, what the risks and benefits are, and how to find the right trading platform. We’ll also give you a list of the ten best CFD trading platforms in Australia with a detailed review on each one of them.

Advanced traders can skip the general information and focus only on the ten trading platforms we recommend.

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Best CFD Trading Platforms in Australia: Reviews 2020

Plus500 logo

5 / 5

1. Plus500 CFD

ASIC regulated: Yes.

Minimum opening deposit: $100.

Support: Email, phone, and live chat.

Platforms: Plus500 Web Platform.

Plus500 is an international company and a leading name on the CFD market. Its main office is located in Israel with subsidiaries in Australia, the UK, Cyprus, Singapore, and Bulgaria. The Australian trading wing fully complies with the regulations set by the Australian Securities and Investments Commission (ASIC).

To open an account on Plus500, the minimum opening deposit is AU$100. New members are eligible for a first-time deposit bonus based on the deposit amount and the bonus code they’ll use. If you deposit $300 and enter the code ‘Welcome’, you’ll get an $80 bonus. If you expect to trade higher and are willing to deposit bigger sums such as $7,500 for example, you’ll be awarded a $1,500 bonus by using the code ‘GOLD’. For the whole list of bonuses visit their official website.

The great thing about this broker is the lack of commission fees. Plus500 charges only the spread and its size depends on things like market volatility and liquidity. However, there’s a monthly inactivity fee if you haven’t traded at all for a period of three months, at which point Plus500 starts withdrawing $10 per month from your account balance.

The broker gives you access to a great pool of trading choices, starting with share CFDs from more than 20 countries worldwide including Australia. The most popular choices in this category are Facebook, Telstra, and Woolworths. You can trade forex CFDs with up to 1:300 leverage and open access to a demo account to test your strategy. Next, you have the Australia 200, S&P 500, and Italy 40 indices, free stop and limit orders on all ETF CFD orders, and even cryptocurrencies for which you can place stop-loss orders and activate price alerts to minimize risks.

Plus500 is available in over 50 countries and supports over 30 languages. You can access the platform wherever you are, either as a desktop or a mobile app or from your web browser. This makes trading CFDs and checking prices so convenient and accessible. According to an interview with the company CEO, up to 40% of the transactions have been made via smartphones or tablets. That’s a striking number which attests to the platform’s efforts to keep in track with customer preferences.

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etoro logo

4 / 5

2. eToro CFD

ASIC regulated: Yes.

Minimum opening deposit: $50.

Support: Live chat and website Support page.

Platforms: eToro Trading Platform.

EToro is another world-famous Israeli CFD trading platform. It was launched in 2007, in Tel Aviv, and apart from its head office, it now has offices in Australia, the US, the UK, and Cyprus. The broker is regulated by ASIC in Australia, by the Financial Conduct Authority (FCA) in the UK, and by the Cyprus Security and Exchange Commission (CSEC) in Cyprus. The fact that its services are used by 200,000 active traders around the world confirms eToro’s success.

Although the forex fees are on the higher end of the scale, eToro charges great CFD fees. There’s no commission fee so the charge comes entirely from the spreads. For trading S&P 500 CFD, for example, the average spread cost is 0.75 pips, whereas the spread for Europe 50 CFD is 3 pips on average. These sums are considered very competitive.

If you’ve been inactive for one whole year, you’ll be charged $10 per month. Another fee to be aware of is the $25 withdrawal fee per trade, plus a small charge for USD conversion. As for the minimum opening deposit, Australian and US customers have the privilege to deposit only $50 as opposed to Israel residents who are required to deposit $10,000. The allowed leverage size is 1:30.

EToro offers an average choice of trades, and the stocks available are a lot less than what you get over at Plus500. However, eToro is known for the variety of ETFs and cryptos on offer. Plus, it’s a famous social trading broker and includes two innovative ways to trade CFD – Copy People and Copy Portfolio.

With Copy People, you can closely observe and follow other traders to copy their trading actions and strategies. The search tool makes it really easy to find a trader that matches your trading needs by measuring their risk score and gains. Copy Portfolio, on the other hand, is for novices who want to invest in a compiled CFD portfolio. This helps them diversify their investments and protects them from long-term risks. You choose the portfolio that fits your strategy and the amount you want to invest.

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Axitrader logo

4 / 5

3. AxiTrader CFD

ASIC regulated: Yes.

Minimum opening deposit: $0.

Support: Email, phone, and 24/5 live chat.

Platforms: MetaTrader4, MetaTrader4 Next Generation, AutoChartist, Axi-One ECN, Psyquation, WebTrader.

AxiTrader is a popular CFD and forex broker with headquarters in Sydney and subsidiaries in major cities like London, Dubai, and Shanghai. It complies with ASIC regulations and operates under the parent company AxiCorp since 2007.

The broker supports the most popular platforms MetaTrader 4 which you can combine with other software add-ons such as AutoChartist, Psyquation, Axi-One ECN, and WebTransfer. The upgraded version MT4 Next Generation has lots of additional features such as forex news where traders discuss market changes, an economic calendar with major market events, a session map that tracks the liquidity, a sentiment indicator showing other traders’ attitude towards market trends, etc.

You can activate an alarm manager to receive alerts and avoid trading opportunities and an automated trade journal to keep a historical record of your activity. Another great option is to trade micro-lots (0.01 volume) for all forex pair, plus gold, silver, WTI, and equity indices.

Before you enter the real world of CFD trading, AxiTrader gives you the option to open a demo account with $100,000 virtual funds during a period of 30 days. If it feels like CFD trading is the right thing for you, move on to a real account at which point you can choose between a Standard and a Professional account. The only difference is in the commission fees with the Standard one having zero fees while the Professional charges lower spreads at a small commission fee.

Unlike other brokers, AxiTrader is a bit more demanding when it comes to verifying your identity for registration purposes. Apart from your full name, address, additional contact details, and a scanned copy of your ID card, AxiTrader asks for documentation in connection to your employment company and job title/responsibilities, or otherwise your main funding source. The platform might even ask you about your salary amount. After you include all these details in your application, AxiTrader determines your trading experience by asking you to take a quick knowledge test.

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IC markets logo

3.5 / 5

4. IC Markets CFD

ASIC regulated: Yes.

Minimum opening deposit: $200.

Support: Email, phone, and live chat.

Platforms: MetaTrader4, MetaTrader5, cTrader.

International Capital (IC) Markets Pty Ltd. is another broker spearheading the CFD and forex trading industry. It was established in 2007 with headquarters in Sydney, Australia, and adheres to the trading requirements set by ASIC. IC takes great effort to provide the ultimate trading experience which is how it has won the trust and recognition of over 60,000 active traders from all corners of the world.

You get the option to choose between three unique types of accounts on IC Markets: cTrader Raw Spread, Raw Spread, and Standard Account.  Whichever one you choose, the minimum opening deposit is $200, you get maximum 500:1 leverage, micro-trading, one-click trading, and access to Islamic Accounts. So, what are the differences between them?

The Standard Account charges $0.0 on commission but the lowest spreads start at 1.0 pips. Both the Standard and the Raw Spread can be accessed with the MetaTrader 4 platform and their servers are located in Equinix NY4, New York. However, Raw Spread charges $3.5 commission but offers tighter spreads that start at 0.0 pips. The same spreads are offered on cTrader Raw Spread, only that, as the name suggests, it’s supported on the cTrader platform with servers in London. It has a different programing language (C#) and allows scalping.

IC Markets supports up to ten different payment methods. You can fund your account via bank transfer, wire transfer, credit or debit cards with no deposit or withdrawal fees, Skrill, Neteller, WebMoney (with a 3% deposit fee), China Union Pay, BPay, and broker to broker transfers.

Your mind should be at ease when it comes to the security of your funds since they’re kept separately from company funds in segregated trust accounts at Westpac Banking Corporation and National Australia Bank, two of the four leading banks in Australia.

The broker offers 16 global indices CFDs, over 19 commodities that include soybean, wheat, coffee, sugar, corn, metals like silver, gold, platinum, and energy commodities, more than 100 global stock CFDs, government bonds, and crypto CFDs. You can also trade futures that include the CBOE volatility index, the US dollar index, Brent crude oil futures, and WTI crude oil futures. The future market determines the prices but the spread includes financial charges, commissions ($0.0 on CFDs), and dividends.

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IG share trading logo

3.5 / 5

5. IG CFD

ASIC regulated: Yes.

Minimum opening deposit: $0.

Support: Email, phone, and live chat.

Platforms: MetaTrader 4 and ProReal Time.

IG Markets was founded in 1974 and ranks as one of the most respected CFD trading providers. There’s a great deal of experience behind this Australian broker, which is why it boasts of over 178,000 active traders worldwide, and 16,000 available markets. IG is regulated by ASIC, the Financial Services Authority (FSA), and other regulatory bodies in Japan, Switzerland, etc.

IG Markets goes the extra mile to ensure maximum security for customers and the funds they store in their accounts. The broker segregates their funds from the one used for operational activities and unforeseen scenarios such as security breaches and debts. In case IG goes into liquidation at some point, you’ll be glad to know that your funds are ring-fenced from creditors.

To start trading CFDs, you need to fully understand how they work. IG Markets suggests taking a free online course on their IG Academy or reading their one-page introduction to CFD trading. Next, register and open your account by providing personal details for verification. You can choose the risk-free demo trading account with $20,000 virtual funds until you’re ready to trade with real money. You can fund your live account via credit or debit card, BPAY, and PayPal.

Once you have an account, it’s time to build your own trading plan that should include your CFD incentives and goals, the time you plan on spending on the platform, how comfortable you are to take risks, target markets, and available capital. With an outlined plan like this, it will be easier to make trading decisions.

For your first trade, you can choose between forex, indices, shares, commodities, and cryptocurrencies. Then, take a position by deciding whether you’re going long or short, i.e. whether you’re buying or selling. If you’ve opened your position by buying, you close it by selling and vice versa. CFDs don’t incur commission fees and are allowed up to 200:1 leverage.

The impressive charting tools allow you to monitor market movements and interpret them with the technical analysis tools on the platform. You can upgrade your account and add a ProRealTime charting package to access automated dealing and some advance trading indicators. The price is $40 per month but you can get it for free if you execute at least 4 trades every month.

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Pepperstone logo

3.5 / 5

6. Pepperstone

ASIC regulated: Yes.

Minimum opening deposit: $200.

Support: Email, phone, and live chat.

Platforms: MetaTrader 4, MetaTrader 5, cTrader.

Originally from Australia, Pepperstone is a renowned CFD trading platform with additional offices in London, Dallas, Bangkok, and Shanghai. Its transparency and performance have been recognized by leading financial bodies like ASIC and the Financial Conduct Authority (FCA) in the UK, granting official licenses to Pepperstone.

One of the attractive features of this platform is its Electronic Communication Network (ECN), a network of the best market providers with high liquidity. This allows the broker to offer tighter spreads than other platforms. To deposit the $200 minimum you can choose a variety of payment options from credit/debit cards to bank transfers, and e-money transfer services like BPAY, Skrill, Fasapay, Neteller, Poli, Qiwi Wallet, and Union Pay.

Primarily known as forex and CFD broker, Pepperstone has become a leading cryptocurrency trading platform in recent years. You don’t trade actual cryptocurrencies, of course, only CFDs for the leading cryptos: Bitcoin, Ethereum, Litecoin, and Dash. They’re traded against USD and a 5:1 leverage. The broker offers over 70 currency pairs, indices – FTSE 100, Dow Jones, NASDAQ composite index, S&P 500, and commodities like gold, silver, oil, gas, etc.

Like most of the other CFD brokers, Pepperstone lets you decide between a Standard STP Account and a Razor Account based on ywhat you want to trade and how big your initial capital is. If you want tighter spreads, opt for a Razor Account, whereas if you don’t want to pay commission fees, join a Standard account. Pepperstone also has an Active Trader program suitable for high-volume traders, with state-of-the-art reporting tools and insights.

Pepperstone has grown remarkably since 2010 and now caters to the needs of almost 60,000 clients across the globe. The continuous effort to improve its services has won the company a Best Tailored Professional Trading Conditions award and Best Client Relationship Manager Service award in the Professional Trader Awards in 2019.

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fpmarkets logo

3.5 / 5

7. Bell Direct Share Trading

ASIC regulated: Yes.

Minimum opening deposit: $200.

Support: Email, phone, and live chat.

Platforms: MetaTrader, MetaTrader 5, and IRESS Trader.

FP Markets is another CFD trading platform headquartered in Sydney, licensed by a top-tier regulator such as ASIC. This is one of the safest brokers which has been operating for 15 years straight without any major inconveniences. Customers have constantly praised its top-notch trade execution, rich database where they can build up their trading knowledge, and the 24/7 user support.

The broker stores customer funds in the Commonwealth Bank as one of the requirements made by ASIC to keep users from worrying about the safety of their funds. They can make payments via wire transfer, credit cards, FasaPay, Neteller, PayPal, Poli, and Skrill, and deposit the initial $200.

Based on your preferences on the MT4 or MT5, you can create a Standard or Raw Account. If you use the IRESS platform you have three options: Standard, Platinum, and Premier Account. These are aimed at professional traders and require higher opening deposits. As a result, you can customize your trading to the fullest. Based on the ownership, FP markets also offers a distinction between an Individual, Joint, Corporate, or Trust/SMF account.

The good thing with MetaTrader platforms is that you can change the default leverage level and adjust it based on what you trade. For example, since the risks with trading stock CFDs tend to be higher, it’s good to lower the default 5:1 leverage down to 2:1. This is not an option on the IRESS platform where you have to be extra careful when going with the predetermined leverage.

The platform is not the best one on the market in terms of chart indicators and research tools but the ones they offer are available in multiple languages. FP Markets should consider redesigning their interface to make it more user-friendly and sophisticated. On the other hand, the platform has introduced a so-called Trader Toolbox that you can download and use once you’ve deposited at least AU$1,000. The software comes with the following tools: alarm manager, correlation matrix, sentiment trader, and a couple more.

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TradeDirect365 logo

3.5 / 5

8. TradeDirect365 CFD

ASIC regulated: Yes.

Minimum opening deposit: $0.

Support: Email, phone, and live chat.

Platforms: MetaTrader 4 and CloudTrade.

TradeDirect365 has been designed to make CFD trading as easy as possible. It’s a relatively new platform – barely 6 years in the business! – again, based in Australia. Even though new, the platform has been regulated by ASIC from the start and as such, stores customer funds with Westpac Banking Corporation in Sydney.

With TradeDirect365, CFD trading is not only quick and easy but cheaper too. The platform offers low commission and tight fixed spreads on the share and forex market CFDs. If you’re about to join the platform, their welcome bonus could prove a further incentive. During the first month, this bonus qualifies you for as much as $2,500 of your spread and commission fees as a cash rebate. The exact amount depends on your trading volume in the course of that month.

TradeDicrect365 doesn’t limit its users to the Australian market only. You can trade CFDs on US, European, and UK shares as well. If you’re interested in forex, indices, commodities, or cryptos, with this platform you can have that too.

The two supported platforms are CloudTrade and the world-famous MetaTrader 4. The CloudTrade is the broker’s web-based trading software which allows you to access your account wherever you are as long as you have an Internet connection. Here, you can trade individual stock market CFDs, while forex and the rest of the trades are available on MT 4.

Only individuals over 18 years of age who aren’t US residents are eligible to create an account on TradeDirect365. The platform will ask you whether you’re familiar with the potential risks when trading CFDs. Then, you’ll provide contact details to finalize your account. There’s no minimum deposit requirement but you’ll have to fund your account to trade nevertheless.

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City Index logo

3 / 5

9. City Index CFD

ASIC regulated: Yes.

Minimum opening deposit: $0.

Support: Email, phone, and live chat.

Platforms: MetaTrader 4, At Pro, and Advantage Web.

City Index is owned by GAIN Capital Holdings Inc, from New York, regulated in three tier-1 jurisdictions, and listed on the New York Stock Exchange. As one of the biggest CFD trading platforms, City Index has an office in Sydney as well, and it’s licensed by ASIC. The broker is a co-founder of the Australian CFD and forex forum whose mission is to raise the level of online security.

New members can be awarded a first-time deposit bonus of either $200 or $1,000. To be eligible for the smaller bonus, your initial deposit should be at least $1,000 and you have to complete minimum 6 equity CFDs with a notional value of $90,000 AUD, other types of CFDs with a minimum notional value of $660,000 AUD, or forex trades with a minimum notional value of $3.3 million AUD. These numbers are higher for the second bonus, where the minimum deposit is $7,500.

City Index supports only forex and CFD trading, and it’s a great low-cost platform to trade on.  While stock CFDs incur somewhat higher fees, stock index CFDs have very reasonable spreads. For example, for S&P 500 CFD the average spread is only 0.6 pips, for Europe 50 CFD it’s 1.5 pips, and for EURUSD it’s 1.0 pip. There’s a monthly inactivity fee of $12 if you haven’t been trading for more than three months.

If you fund your account via bank transfer or PayPal, there’s no minimum opening deposit. If you decide to use your credit/debit card instead, you’ll need to deposit $100.

City Index offers MetaTrader 4 together with two proprietary platforms: AT Pro, which is desktop-based, and Web Trader, which is web-based. As the name suggests, AT Pro is not really suitable for beginners. It has advanced trading features, over 139 indicators, and 25 drawing tools. It comes with a Development Studio that supports automated trading and uses historical data to run a backtest to potential strategies. Web Trader is built on HTML5 and can be accessed from any web browser. It has fewer indicators that are more than enough for a casual trader.

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Saxo Markets logo

3 / 5

10. Saxo CFD

ASIC regulated: Yes.

Minimum opening deposit: $3000

Support: Email, phone, and live chat.

Platforms: SaxoTrader Go and SaxoTrader Pro.

Saxo Bank Group is a fully regulated Danish bank that launched its trading platform Saxo Capital Markets in 1998. Until now, users from more than 170 countries have been continuously using their services.

Saxo Capital Markets offers a pool of market choices when it comes to CFDs. You can trade over 8,800 single stock CFDs, 675 ETFs on leading world exchanges, 29 index-tracking CFDs with fixed spreads that include US Wall St 30, Tech NAS 100, and Germany 30. There are forex CFDs on the most prominent currency pairs, CFDs on five government bonds, commodities including energy, metals, emissions, agriculture, etc.

The drawback of Saxo is that it requires a higher opening deposit than most other platforms. To open a Classic account you need $3,000, which shouldn’t be an inconvenience if you aim for large trades. As your trading volume increases, you can be automatically upgraded to a Platinum or VIP account and access tighter spreads (from 0.3 to 0.7 pips!). Saxo allows you to upgrade to these accounts right away if you deposit $50,000 for Premium and $1,000,000 for a VIP account.

Saxo Capital incurs a 1.34% and a 0.93% transaction fee for credit and debit card payments respectively.

Apart from MT4, Saxo has its own platform that can be used on different devices, from a desktop app on your personal computer, to a web-based platform or a smartphone/tablet app. The SaxoTrader Go version is perfect for all trading levels as it features the most sought-for charting tools, market news, live feeds, 12 watchlist fields, and sentiment indicators modelled on your trading needs.

The SaxoTrader Go gives you access to research data, market news and trends, a variety of charts, and real-time price updates. You can use all this to improve your trades and increase the chances for profit. The easily navigable platform can be accessed from your computer, Mac, smartphone, or tablet. All your preferences and settings are saved even if you constantly shift between devices.

SaxoTrader Pro can also be used by both beginners and experienced traders, but the latter would benefit more from the advanced features such as algorithmic orders, real-time netting, and end of day netting. This is not a web-based platform like the Go one, so you need to download it on your Mac, Windows, or mobile devices first.

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CFD trading graph

How to Find the Best CFD Trading Platform That Suits Your Needs

To find the best CFD trading platform, you should take your own means and investment plan as a starting point. What might work for one trader, won’t necessarily work for you. If you’re already eyeing a platform, see how it stands against the following criteria:

  • Supported markets: What kind of markets does the platform support? Can you trade forex, commodities, shares, cryptocurrency, stock market indices, global stock CFDs, ASX200 CFDs, etc.
  • Trading fees: Look for platforms with lower brokerage fees.
  • Minimum opening balance: Check the minimum opening balance and opt for a platform that requires a lower one.
  • Access to live data: Do you have access to real-time market data from ASX and other markets?
  • CFDs trading on shares: This is a feature offered by a limited number of platforms so if shares are something you look to trade, make sure you won’t be disappointed by your chosen broker. They might incur additional fees, though.
  • Currency pairs: If you’re interested in forex trading, check if the platform supports your target currency pair.
  • Platform performance and interface: What trading platforms do you need to download before you start trading, are there any add-ons, and is their interface easily navigable and suitable to beginners as well?

What are the benefits and risks?

Benefits

  • You can benefit from both rising and falling prices: With CFDs, you can go long or short, i.e. make a profit in both directions.
    • You can use a demo account and explore CFD trading before signing up for a real account.
  • You can access the world’s largest markets.
  • You get higher leverage than other types of trading do.
  • You can close out your position whenever you decide.

CFDs are different from other trades in that they don’t have a fixed expiry date.

Risks

Part of getting ready to trade CFDs is to familiarize yourself with the potential risks and hazards. This way, you’ll know how to act instead of panicking if you find yourself in such a situation.

  • Be aware of their complexity: Never underestimate the craft of trading CFDs! They can be quite tricky and easily confuse a less experienced trader. If you learned about CFDs from a friend who was kind enough to explain to you how they work, you still need more than just a general understanding of the term to start trading.
  • Your loss can be greater than your deposit: When trading CFDs, there’s a high chance that you can lose more money that you started with. This could happen if you go over the top with your price speculations. Think carefully before you make your move because you don’t want to end up owing thousands of dollars to the CFD platform.
  • You don’t have ownership of the underlying asset: Another thing you should be sure of before deciding CFDs are right for you is that you don’t care about owning the underlying asset. This means that you won’t profit from its potential capital growth but only from the difference in price that you foresaw.
  • The market is highly volatile: You can’t always predict market fluctuations which can result in unexpected losses.

So, how to decide if CFDs are right for you?

First of all, you should be an experienced trader who is familiar with not only the CFD market, but other markets in the financial industry and the assets traded on them too. You should also understand CFD from a legal standpoint. Even if you feel knowledgeable enough, you should still do thorough research before getting involved.

Risk tolerance is another key characteristic of a CFD trader, as well as being comfortable, or at least okay with losing a bit of money. Of course, this isn’t always the case, or otherwise, CFD trading wouldn’t be popular at all. Unfortunately, it’s quite common, so learn how to minimize these risks with features like stop and loss orders for example.

What Is a CFD?

CFD is an abbreviation for Contract for Difference, so CFD trading would mean buying and selling these contracts. They make it possible for traders to speculate whether the price of the underlying asset is going to go up or down, whether that asset is going to increase or decrease in value in the course of a predetermined period of time, i.e. before the contract closes. The trader makes this agreement with a trading platform.

This, however, doesn’t mean that you own those assets. On the contrary, you’re only agreeing to exchange the difference in the price of those assets and your ownership extends solely to the contract. Trading CFD allows you to speculate on price movements in either direction. Sometimes, if you feel that the price is moving upwards you can choose to buy, referred to as “going long”, opposite of selling or “going short” when you’re confident the prices are moving downwards.

You will also hear a lot about leverage in relation to CFD trading. What this means is that instead of paying the full cost for your position from the start, you can pay just a small portion upfront. For instance, if you want to open a position worth 500 shares of an asset, with CFD, you can pay only 5%. We advise you to be careful, as leverage trading is a double-edged sword that might extend your starting capital but in case you lose, you’ll be charged for the full position.

What Are ASX Exchange-Traded CFDs?

The Australian Stock Exchange (ASX) used to offer exchange-traded CFDs that were deemed safer than regular CFDs because they were traded on platforms authorized by ASX, with certain rules and regulations they had to follow. However, since June 2014, ASX no longer supports these types of CFDs and they were withdrawn from the market.

Frequently Asked Questions

Yes, platforms set a minimum deposit amount when opening an account. Although accounts can be opened for as low as $1,000, the common minimum deposits are usually between $2,000 and $5,000.

When trading CFDs, the most common markets you can access are indices, shares, forex trading between currency pairs, and commodities like oil, gold, and metals like copper for example. While they’re certainly the most popular, you’re not limited to these markets only. On some platforms, you can also speculate on cryptocurrencies, bonds, or even elections! However, you need to be certain that you feel comfortable with the market in question, before venturing into risky unknown trading territories.

Trading shares means that you take actual ownership of the underlying asset, whereas with trading CFDs you’re just speculating on the market price and bidding on it, without taking ownership of the asset. What you’re buying are just contracts.

About The Author

Leonard Butler

Leonard Butler

Leonard is the main editor. With a passion for finance and anything blockchain, cryptocurrency is right up his alley. He's responsible for most of the content on the site, trying his best to keep everything up to date and as informative as possible. Learn more...