CFD trading is a revolutionary and very promising financial market. The Top Rated CFD Trading Brokers are here. In simple terms, it is a deal between two separate entities to trade the difference between the price of a contract when it is opened and when it is closed. It gives traders an opportunity to profit from movements in market prices without actually owning the commodity on which the contract is based. This makes it easier to trade quickly and increase profits.
As with any financial market, you want to work with a reliable broker. Having a powerful broker on your side can make all of the difference, especially if you’re new to the market. Let’s look at some of the best CFD trading brokers in the world.
London Capital Group.
When you are searching for a reliable broker, experience should be one of the key considerations you keep in mind. Very few CFD trading brokers have the experience that London Capital Group(LCG) has. They have withstood the test of time and earned quite a name for themselves in the 1990’s. LCG differentiates themselves from other brokers by actually making changes to keep their clients happy.
Where other brokers are focused primarily on increasing their revenue, LCG has learned how to increase their revenue by increasing their customer service. This strategy has paid off well. Not only are they one of the biggest trading firms in the world, but they have some of the happiest clientele. Those who use LCG always have something positive to say about their experience. You don’t have to take my word for it either. A quick look through their hundreds of online reviews will reveal the same.
Of course, their success isn’t owed entirely to their customer service. Rather, their methods of handling trades and the percentage earned by those involved is impressive. They are a straight-through-processor which allows them to offer a special spread and commission method of pricing. The end result is that their pricing is extremely competitive.
They also have very competitive leverage models available, such as a Forex leverage model of 300:1. The leverage available will vary according to the asset.
Markets.com doesn’t have the decades of experience that LCG has, but that hasn’t stopped them from quickly climbing the ladders to become one of the best CFD trading brokers in the world. They are a purely online-based broker, which helps them cut costs for the clients without cutting back on services. It’s important to point out that they are owned by Safecap Investment Ltd, which is regulated by CYSEC.
Operating purely online makes Markets.com a viable option for clients in various regions of the globe. They primarily operate in Europe and South Africa and their website is available in more than a dozen languages.
During their relatively short existence, they have already won several awards for their services. Some of these awards have come from the London Investor Show.
Of course, there will always be clients who prefer a more personal experience with their brokers. This is understandable. However, if you’re not one of those clients and you don’t mind approaching trading entirely online, then you’ll love all of the digital features that Markets.com offers.
They utilize 5 different types of trading platforms for their clients. There is MetaTrader4, MetaTrader Multi-Terminal, Markets Web Trader, Markets Mobile Trader, and Sirix Web Trader. You can work with each of the trading platforms and use whichever best suits your needs at the time. Each has something unique to offer.
Markets.com and the London Capital Group are currently two of the best CFD trading brokers in the world. There are still some other options in the market such as IG, Saxo Capital Markets, and eToro. They each have something to bring to the table and are worth investigating as well.