Know your broker
before you trade.
Independent broker reviews and practical CFD guides covering regulation, costs, trading conditions and the details that can vary by broker and region.
60
Broker reviews
10
Scoring categories
49
Regulators mapped by tier
How CFD brokers compare
Each broker is assessed against the same published criteria using regulator records, legal documents and other verifiable sources. Commercial relationships never affect our scoring.
CMC Markets
4.7/5
Exceptional
- Spread from
- 0.6 pips
- Min deposit
- $0
FxPro
4.2/5
Excellent
- Spread from
- 1.2 pips
- Min deposit
- $100
IG
4.7/5
Exceptional
- Spread from
- 0.6 pips
- Min deposit
- $0
IUX
4.8/5
Exceptional
- Spread from
- 0.2 pips
- Min deposit
- $10
Pepperstone
4.6/5
Exceptional
- Spread from
- 0.1 pips
- Min deposit
- $10
Saxo Bank
4.6/5
Exceptional
- Spread from
- 1 pips
- Min deposit
- $5000
Trading 212
4.3/5
Excellent
- Spread from
- 1.3 pips
- Min deposit
- $10
XTB
4.4/5
Excellent
- Spread from
- 0.9 pips
- Min deposit
- $0
Compare CFD brokers by market
Costs, trading hours, financing and risk vary by asset class. Explore our broker reviews by the markets you trade.
Forex
Majors, minors and crosses, where spread and swap decide the cost.
Indices
Cash and futures pricing, session gaps and index dividends.
Commodities
Oil, gold and the rest, where contract rollover matters most.
Crypto CFD
Weekend pricing, funding and the widest spreads on the list.
Single-Stock CFD
Borrow costs, corporate actions and exchange fees on shares.
New to CFDs?
Start with the basics
Before you choose a broker, understand how CFDs work, from leverage and trading costs to risk and execution. Our practical guides explain the essentials in plain language, without promoting a particular broker.
384
guides across
eight topics.
Run the numbers yourself
Use our calculators to put the concepts from our guides into practice with your own figures, from margin and financing costs to pip value and risk.
Margin calculator
Required margin and liquidation price for any CFD position.
Swap rate calculator
Overnight financing costs across brokers and instruments.
Pip value calculator
Per-pip P&L in your account currency for any forex pair.
Risk of ruin calculator
Probability of a drawdown wipe given win rate, R:R and position size.
How our reviews work
Every broker is assessed through the same published process, using verifiable evidence and a clear record of when the information was checked.
Evidence, not claims
We start with regulator registers and the broker’s own legal documents, not marketing pages. Every finding is sourced and dated.
Scores start at full marks
Each broker starts at full marks across ten categories and loses points only for verified findings. Regulation, costs and the safety of client money carry greater weight. Features do not earn bonus points.
Rechecked and dated
Spreads, fees and licences change. Every review shows when it was last checked, and the score is updated when the underlying findings change.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
Links to brokers take you outside Laverlane. We are not responsible for a third-party website’s content, privacy practices, security or handling of any data you provide. Our research may be compiled with AI assistance and is checked by our editorial team against available sources before publication.
Always verify the broker’s current terms, regulatory status, product availability and eligibility directly with the broker before opening an account or depositing funds.