CFD Trading in the UK – Best Platforms
CFD Trading in the UK: Best Platforms are popular among UK traders as they provide a way to trade a wide range of British and global markets without owning the underlying assets. They also offer benefits like leverage, which can magnify profits and losses. However, there are risks involved in CFD trading, so it’s important to understand the rules and choose a reputable broker.
The best UK brokers will support a wide variety of financial markets through their CFD trading platforms. The most common include currency pairs, equities (including FTSE 100 and 250 shares), indices, and commodities. Some even offer a wide selection of ETFs. In addition, they will show off their licensing and regulatory credentials on their websites to give you confidence in their legitimacy.
CFD Trading in the UK: Best Platforms & Tips
For advanced and professional traders, it’s best to choose a broker with a sophisticated platform, ideally one that is designed for both desktop and mobile trading. Saxo Markets is a great choice, as their platform caters to the needs of sophisticated and high-volume traders. They offer a large number of Forex pairs (338 including inverse pairs), 82 indices, 124 commodities and 55 treasuries. In addition, they offer round-the-clock trading on US stocks. The next best option is IG, which offers DMA access and physical trading on their institutional-grade platform. It also offers a large number of tradable markets including USD/GBP and GBP/EUR. It also provides a wide range of charting and research tools.