CFD Brokers In UK

With CFD trading becoming ever more popular, traders are faced with a large selection of brokers to choose from. There are many CFD brokerages within the UK who offer a good service at competitive prices. In order to find the right brokerage for you, there are several points which you need to consider. Here we list key points to research when choosing a CFD broker in UK.

  • Firstly, ensure that your CFD brokers in UK are regulated by the Financial Services Authority (FSA).  Their FSA registration number should be displayed on their site.
  • Find out about the company by checking the reference or testimonial sections of the company website.
  • Compare fees charged by different CFD brokers. How much commission will you pay on each trade?
  • What is the scope of the brokerage – what markets do they cover? Do they have special areas of expertise, for example indices or global stocks?
  • Try out a few demo packages from different companies, in order to ‘get a feel’ for how they work.
  • Ask CFD brokers in UK what interest is charged on leveraged positions. This is the rate you will pay at if you leave a position open overnight, so it is important to know in advance.
  • Check through the brokerage’s terms and conditions, transaction fees and special offers – these may revert back to higher rates at a later date.
  • Ensure you are happy with the process of withdrawing and depositing money offered by the CFD brokers in UK.

By following these lines of enquiry, you should be able to find a CFD broker in UK who is suitable for you. Make sure you are fully aware of the risks of CFD trading before beginning to trade.

Spreadbetting, CFD trading and Forex are leveraged. This means they can result in losses exceeding your original deposit. Ensure you understand the risks, seek independent financial advice if necessary. The value of shares and the income from them may go down as well as up. Nothing on this website constitutes a solicitation or recommendation to enter into any security or investment.