CFD Trading Software

The best CFD trading software helps users make informed investment decisions. In this review, we have rounded up the top software for budding traders, from copy trading and automated bots to sophisticated charting and analysis tools. We also explain how to compare various trading platforms, from usability and compatibility to cost and security. Find out which CFD trading software you should download in 2022.

Top CFD Trading Software

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Found 68 Brokers
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.
FTSE Spread
0.5 pt
GBPUSD Spread
1.0 var
Oil Spread
0.02
Stocks Spread
0.13 Abv Market
FCA Regulated
No
MT4 Integration
Yes
Trade on a range of CFDs with competitive spreads and leverage
FTSE Spread
Variable
GBPUSD Spread
1.0 pip average
Oil Spread
Variable
Stocks Spread
NA
FCA Regulated
No
MT4 Integration
Yes
XTB is one of the largest stock exchange-listed FX & CFD brokers in the world, offering access to over 2000 instruments on their trading platforms.
FTSE Spread
0.08%
GBPUSD Spread
0.1 pips
Oil Spread
0.03
Stocks Spread
0.2% Var
FCA Regulated
Yes
MT4 Integration
No
Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.
FTSE Spread
1 pt
GBPUSD Spread
0.0 via ECN
Oil Spread
2.8 pips (Var)
Stocks Spread
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs on popular indices, shares, forex, crypto & commodities. Award winning platform, zero commission, free education and low spreads.
FTSE Spread
1.2
GBPUSD Spread
1.0 but 0.0 on Raw Account
Oil Spread
1.0
Stocks Spread
1.0
FCA Regulated
No
MT4 Integration
Yes
XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service.
FTSE Spread
1.5 pts (var)
GBPUSD Spread
2.1 (var)
Oil Spread
0.05 (var)
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade Forex on 0.0 pip spreads with the world's leading True Raw forex broker - IC Markets.
FTSE Spread
1 pt
GBPUSD Spread
0.5 pips
Oil Spread
1 pt
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
Axi is a global online FX and CFD trading company, trusted by 60,000+ ambitious customers in 100+ countries around the world.
FTSE Spread
1 pt
GBPUSD Spread
1.1 pips
Oil Spread
3 pips
Stocks Spread
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs in a range of financial markets.
FTSE Spread
2
GBPUSD Spread
1.5
Oil Spread
0.13
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
No
Skilling are an exciting new brand, regulated in Europe and beyond, with a bespoke browser based platform, allowing seamless low cost trading across devices.
FTSE Spread
2 pts
GBPUSD Spread
0.5 pips
Oil Spread
6 pips
Stocks Spread
0.1% Each Side
FCA Regulated
No
MT4 Integration
Yes
Capital.com offer CFDs and Forex CFDs on a huge range of assets, with competitive spreads and zero commission on unique platforms, including the fully functional mobile app.
FTSE Spread
1.3 pt
GBPUSD Spread
1.3 pips
Oil Spread
0.06 pips
Stocks Spread
0.1% Var
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs with up to 1:2000 leverage.
FTSE Spread
N/A
GBPUSD Spread
2
Oil Spread
5.2
Stocks Spread
From 0.1
FCA Regulated
No
MT4 Integration
Yes
FXChoice offers leveraged CFD products on a breadth of financial markets.
FTSE Spread
1.25
GBPUSD Spread
98 - 107
Oil Spread
30 - 49
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Fusion Markets are delivering low cost forex and CFD trading via low spreads and trading costs. Their message is - Stop paying too much to trade
FTSE Spread
1.56 pts (Ave)
GBPUSD Spread
0.64 (Ave)
Oil Spread
3.1 pips (Ave)
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
easyMarkets.com - Simply Honest. Trade CFDs on Forex, Commodities, Indices, Shares & Cryptos With a Top Rated Forex Broker
FTSE Spread
GBPUSD Spread
0.9 (MT4)
Oil Spread
3 pips
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on oil, currencies, indices, and stocks
FTSE Spread
-
GBPUSD Spread
From 0.1
Oil Spread
From 0.0
Stocks Spread
From 0.0
FCA Regulated
No
MT4 Integration
Yes
Invest in the markets with online CFDs.
FTSE Spread
0.77
GBPUSD Spread
1.3
Oil Spread
0.09
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Diversify trading portfolios with contracts for difference available on multiple financial markets.
FTSE Spread
From 0.4
GBPUSD Spread
From 0.6
Oil Spread
From 3.0
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Finq.com offers highly leveraged CFD products
FTSE Spread
2.0 pts
GBPUSD Spread
From 1.0 pip
Oil Spread
5.0 pips
Stocks Spread
<0.25%
FCA Regulated
No
MT4 Integration
Yes
CFDs are available across multiple financial markets.
FTSE Spread
Not offered
GBPUSD Spread
0.9 pips
Oil Spread
4-15 pips
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
No
FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.
FTSE Spread
1.3 pts
GBPUSD Spread
0.3 (var)
Oil Spread
9 pts (var)
Stocks Spread
0.1% Var
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on forex, indices, shares, precious metals, and energies.
FTSE Spread
1 - 2.3
GBPUSD Spread
0.0 - 1.5
Oil Spread
Variable
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
FTSE Spread
0.7
GBPUSD Spread
0.4
Oil Spread
0.03
Stocks Spread
From 0.4
FCA Regulated
Yes
MT4 Integration
Yes
Markets.com offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies.
FTSE Spread
2 pips
GBPUSD Spread
1.3 pips (var)
Oil Spread
0.05
Stocks Spread
4 pips
FCA Regulated
Yes
MT4 Integration
Yes
IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
FTSE Spread
1 pt
GBPUSD Spread
0.9 pips
Oil Spread
3 pips
Stocks Spread
0.1% Var
FCA Regulated
Yes
MT4 Integration
Yes
IronFX offers online trading in forex, stocks, futures and commodities
FTSE Spread
GBPUSD Spread
Oil Spread
Stocks Spread
FCA Regulated
No
MT4 Integration
Yes
Dukascopy is a Swiss-based forex, CFD, and binary options broker
FTSE Spread
166
GBPUSD Spread
N/A
Oil Spread
5.1
Stocks Spread
Start from 0.1
FCA Regulated
No
MT4 Integration
Yes
CFDs are supported for US stocks, equity indices, currency indices, energies and metals.
FTSE Spread
5
GBPUSD Spread
0.5
Oil Spread
3
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
FTSE Spread
1 pt
GBPUSD Spread
0.9
Oil Spread
3.0
Stocks Spread
.10% Var
FCA Regulated
Yes
MT4 Integration
Yes
Go long and short on popular financial markets via the RaceOption platform
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
FCA Regulated
No
MT4 Integration
No
TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
FTSE Spread
4.0
GBPUSD Spread
1.4
Oil Spread
0.0
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Anzo Capital clients can use MetaTrader 4 to trade CFDs on stocks, equity indices, crude oil and precious metals with competitive price levels.
FTSE Spread
1.1
GBPUSD Spread
0.3
Oil Spread
0.0
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes
Rockfort Markets clients can trade a range of CFDs with high leverage rates, covering crypto, forex, commodity and international equity markets.
FTSE Spread
GBPUSD Spread
0.6
Oil Spread
Variable
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on stocks, indices and commodities.
FTSE Spread
Not Available
GBPUSD Spread
From 0.5 pips
Oil Spread
From 1.6 pips
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
AdroFX offers margin trading on CFDs across popular financial markets.
FTSE Spread
From 9.0
GBPUSD Spread
From 0.5
Oil Spread
N/A
Stocks Spread
From 5.0
FCA Regulated
No
MT4 Integration
Yes
Trade thousands of different assets with leveraged contracts for difference.
FTSE Spread
0.5
GBPUSD Spread
2.0
Oil Spread
4.4
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Contracts for difference are offered on popular financial markets with tight spreads.
FTSE Spread
1.0
GBPUSD Spread
0.6
Oil Spread
3.5
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Buy and sell across the financial markets with leveraged CFD products.
FTSE Spread
0.84
GBPUSD Spread
0.64
Oil Spread
1.6
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on multiple financial markets including FX, indices & shares.
FTSE Spread
0.50
GBPUSD Spread
2.3
Oil Spread
0.05
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
CFDs are available on hundreds of markets including FX, indices, shares, & commodities.
FTSE Spread
1.7 - 2.95
GBPUSD Spread
0.8
Oil Spread
0.03 - 0.08
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Buy and sell CFDs on the financial markets.
FTSE Spread
10.4
GBPUSD Spread
0.8
Oil Spread
5.2
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs with tight spreads and leverage.
FTSE Spread
11.9 - 12.0
GBPUSD Spread
0.1 - 1.8
Oil Spread
0.12 - 0.19
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Leveraged CFDs are available in several financial markets.
FTSE Spread
0.9
GBPUSD Spread
1.3
Oil Spread
0.02
Stocks Spread
N/A
FCA Regulated
Yes
MT4 Integration
Yes
Leveraged CFD products are available in multiple financial markets.
FTSE Spread
1.3
GBPUSD Spread
1.2
Oil Spread
0.03
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade leveraged CFDs on a range of financial markets
FTSE Spread
From 0.1
GBPUSD Spread
From 0.1
Oil Spread
From 0.1
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade on contracts for difference with up to 1:30 leverage.
FTSE Spread
0.2
GBPUSD Spread
1.1
Oil Spread
0.01
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs with up to 1:30 leverage in multiple markets.
FTSE Spread
2
GBPUSD Spread
2
Oil Spread
0.04
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
FTSE Spread
0.31
GBPUSD Spread
0.49
Oil Spread
0.03
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
CFDs are available on thousands of markets, including forex, indices, shares, and commodities
FTSE Spread
0.8
GBPUSD Spread
1.3
Oil Spread
0.03
Stocks Spread
0.5
FCA Regulated
Yes
MT4 Integration
Yes
Zero Leverage Digital CFDs have a daily fee of approx. 1 pip and forex CFDs leverage up to 1:40
FTSE Spread
N/A
GBPUSD Spread
0.9
Oil Spread
N/A
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
No
Trade on a range of leveraged CFD products at HYCM.
FTSE Spread
Not offered
GBPUSD Spread
From 0.1 + $4 per round
Oil Spread
From 2 pips
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs on currency pairs, indices, & commodities with tight spreads.
FTSE Spread
1.2
GBPUSD Spread
0.2
Oil Spread
4
Stocks Spread
N/A
FCA Regulated
Yes
MT4 Integration
Yes
Trade online CFDs with up to 1:30 leverage.
FTSE Spread
0.9
GBPUSD Spread
0.4
Oil Spread
50
Stocks Spread
0.02 USD
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFDs with leverage across multiple markets.
FTSE Spread
N/A
GBPUSD Spread
0.5
Oil Spread
0.05
Stocks Spread
Variable
FCA Regulated
Yes
MT4 Integration
Yes
Trade CFD products in financial markets.
FTSE Spread
1
GBPUSD Spread
Floating from 0
Oil Spread
0.3
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes
A suite of contracts for difference are available across popular markets with up to 1:500 leverage.
FTSE Spread
Floating from 0.2
GBPUSD Spread
Floating from 0.1
Oil Spread
Floating from 0.05
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
No
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
FCA Regulated
Yes
MT4 Integration
No
Fondex offers leveraged CFDs on a wide range of popular financial markets.
FTSE Spread
1.4
GBPUSD Spread
0.71
Oil Spread
6.71
Stocks Spread
Start from 0.01
FCA Regulated
No
MT4 Integration
No
You can take positions on a range of popular trading markets
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
FCA Regulated
No
MT4 Integration
No
Trade CFDs across a wide range of assets with up to 1:500 leverage for professionals and 1:30 for retail clients
FTSE Spread
1.0 pts
GBPUSD Spread
0 pips (Via Razor)
Oil Spread
2.0 pips
Stocks Spread
From 0.0 pts for US shares
FCA Regulated
Yes
MT4 Integration
Yes
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
FTSE Spread
0.005% (£1 Min)
GBPUSD Spread
Commission (.20 pts x trade value)
Oil Spread
N/A
Stocks Spread
From 0.003 per share, variable
FCA Regulated
Yes
MT4 Integration
No
Trading 212 Offer a truly mobile trading experience. With tight spreads and a huge range of markets, they offer a dynamic and detailed trading environment. Recent customer care issues have severely damaged the reputation of the brand.
FTSE Spread
1.3 pt
GBPUSD Spread
2 pips
Oil Spread
5 pips
Stocks Spread
0.2% Var
FCA Regulated
Yes
MT4 Integration
No
Start trading on the financial markets with up to 1:500 leverage using competitive CFDs.
FTSE Spread
Not offered
GBPUSD Spread
From 0.1
Oil Spread
From 0.1
Stocks Spread
From 0.1
FCA Regulated
No
MT4 Integration
Yes
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
FTSE Spread
1 pt
GBPUSD Spread
2 pips
Oil Spread
5 pts
Stocks Spread
0.24% Var
FCA Regulated
Yes
MT4 Integration
No
Leveraged CFD trading is available on major financial markets.
FTSE Spread
From 0.0
GBPUSD Spread
From 0.0
Oil Spread
From 0.0
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Invest in traditional and emerging markets in line with your broker's supported assets.
FTSE Spread
Broker dependent
GBPUSD Spread
Broker dependent
Oil Spread
Broker dependent
Stocks Spread
Broker dependent
FCA Regulated
No
MT4 Integration
Yes
Alpari offer forex, CFD and binary options trading across a big range of markets with low spreads and a range of account types that deliver for every level of trader from beginner to professional.
FTSE Spread
13
GBPUSD Spread
0.7 var
Oil Spread
4 pts
Stocks Spread
Variable
FCA Regulated
No
MT4 Integration
Yes
Trade CFDs on forex, indices, & commodities
FTSE Spread
0.7
GBPUSD Spread
0.2
Oil Spread
0.3
Stocks Spread
N/A
FCA Regulated
No
MT4 Integration
Yes

Background: CFD Trading

A CFD, or contract for difference, is a derivative contract that stipulates an agreement between the buyer and seller to exchange the difference between the current price of an asset and the value at the time the contract expires. So if BP’s share price increases after a CFD is purchased, the trader can make a profit from the exchange.

CFDs essentially allow traders to make predictions about price fluctuations without actually owning the underlying asset. CFDs are also normally leveraged, meaning only a small deposit is needed to open a position.

Leveraging provides the potential for much higher profits, but there is also a risk of greater losses. As a result, UK-regulated CFD brokers limit retail leverage to 1:30 and offer negative balance protection, ensuring traders can’t lose more than their account balance.

CFD Trading Software

CFD trading software is essentially a platform or application that allows investors to trade on the financial markets using the internet. On the best platforms, users can scan the markets for potential opportunities, and then execute buy and sell orders with the click of a button. Platforms often include charts and graphs that provide historical and real-time price data, alongside live quotes.

With that said, CFD trading software can come in all shapes and sizes. While some comprehensive trading platforms offer a one-stop shop for managing trading portfolios, other tools specialise in a particular function. For example, some software packages provide advanced technical analysis tools and pattern recognition technology. Other applications focus on developing and deploying automated trading algorithms.

Which software package you download will ultimately depend on your financial goals, trading style and budget.

Types of Applications

When it comes to CFD trading software, there are several popular types of applications:

  • Computer software – This is where you download software to your computer. This kind of trading platform is often the most reliable and the fastest as it is less reliant on your web browser. However, downloadable software may come with hardware requirements and isn’t a good option if you trade on the go.
  • Web-based platforms – This kind of platform is gaining popularity with modern traders. Platforms can be opened and used via an internet browser, and the data is normally stored in the cloud, offering flexibility in return for a stable internet connection. Browser-based solutions are a particularly good option for beginners getting started with CFDs.
  • Mobile apps – Again, these are gaining popularity as they facilitate CFD trading from any location. On the downside, mobile or tablet applications typically offer reduced functionality versus their desktop counterparts. As a result, mobile apps are often best for keeping tabs on open orders as opposed to conducting in-depth technical analysis.

Best CFD Trading Software 2022

Below is a review of the best CFD trading platforms available today.

MetaTrader 4

MT4 is the platform offered by most CFD brokers because it provides a good range of analysis tools alongside a selection of instant and pending orders. In fact, MetaTrader 4 offers 3 execution modes, 2 market orders, 4 pending orders, 2 stop orders and a trailing stop. Users also benefit from 30 integrated indicators, over 2,000 custom indicators, plus 700 paid options.

MT4 also has a user-friendly and customisable interface, so it’s perfect for both beginner and advanced traders. In addition, its expert advisors feature allows for automated trading, so you can open and close trades according to pre-programmed rules.

Best CFD trading software

MetaTrader 4

AvaTrade is one of the best CFD brokers that offers the MetaTrader 4 software.

MetaTrader 5

MT5 is another of the most popular platforms for trading CFDs, also developed by the creators of MT4. It is more advanced than MT4, with sophisticated charts, indicators and tools available.

Users benefit from separate accounting of orders and trades, support for all types of orders and execution modes, plus a Market Depth feature. 38 technical indicators are available, alongside 44 analytical objects, 21 timeframes, 1-minute history and an unlimited number of charts. MT5 also supports algorithmic trading.

This platform is a good option for experienced CFD traders looking for a step up from the MT4 software.

Best CFD trading platform cryptocurrency

MetaTrader 5

Pepperstone is one of the top-rated CFD brokers that offer MetaTrader 5.

ProRealTime

ProRealTime is designed for automation and technical analysis. This is an advanced CFD trading software that is great for experienced traders looking for powerful market analysis tools.

The platform offers more than 100 technical indicators, market scanning, automated trend detection, plus tick and volume analysis. The software also offers real-time news, strategy backtesting, a scalping mode, plus 4 order book display modes.

Clients can choose from a free end-of-day subscription or a real-time solution. Some brokers also offer the terminal as part of their CFD trading package.

Cheapest CFD trading platform UK

ProRealTime

IG is one of the best CFD brokerages that offer access to ProRealTime.

eToro CopyTrader

eToro offers CFD trading software that allows you to learn from and follow successful traders. Copy trading has become increasingly popular in recent years, offering access to a large community of experienced investors.

The platform hosts thousands of traders, and users can mirror their strategies and positions with ease, choosing a master trader that is aligned to their financial goals and risk appetite.

The firm’s leaderboard shows traders’ average gain over the last 12 months and applies a standardised risk score. There are also no management fees, making it popular with CFD beginners.

Top-rated CFD trading platforms

eToro CopyTrader

Platform & Software Comparison

There are some features that nearly all platforms provide, which are essential to basic CFD trading, but the availability of more advanced tools can vary between providers, as will the costs for using said features.

So, there is a lot to think about for investors seeking a platform to trade CFDs, especially for beginners getting started. To help you find the right application for your needs, here are some questions to ask yourself:

What Markets Are You Looking To Speculate On?

Platforms offer varying access to underlying markets and assets. Do you want to trade forex pairs with the GBP? Perhaps you want to speculate on FTSE-listed stocks like Diageo or BAE Systems. Alternatively, do you want to trade CFDs on major cryptocurrencies such as Bitcoin?

Note, if you’re not sure which markets you want to trade on, sign up with a software provider that offers access to a wide range of underlying assets.

What Functions Do You Need?

Brokers sometimes charge more for advanced features, so if you don’t need a virtual private server or AI-powered market scanners then you could save yourself money by choosing a beginner-friendly platform.

Software packages like MetaTrader 4 and MetaTrader 5 offer a good balance of features while being relatively straightforward to get to grips with.

What Are You Willing To Spend?

Some CFD trading software is free, for example, the standard platform your online broker will provide, while advanced tools and functionality may come at an extra cost.

Decide what your budget is and remember that you will need to pay off all overheads, including software subscriptions, before you make a profit from CFD trading.

It’s also worth considering the following:

  • Leverage – Much of the popularity that CFDs have gained is because they can be traded with leverage. Does the provider offer leverage up to 1:30 on the assets you’re interested in? What are the margin requirements and stop-out levels? It is also worth keeping in mind that CFDs are a high-risk instrument, and if you are new to investing then leveraged trading can lead to large losses.
  • Ease of Use – A good trading platform, whether you’re a beginner or expert trader, should be easy to use and navigate. Look for a platform with an intuitive and slick design. Also check for customisation options so you can build a view that works for you.
  • Access – The best CFD trading platforms offer broad market access, including stocks and shares, major indices, currency pairs, hard and soft commodities, plus cryptos. It’s also worth noting that a diverse portfolio can help spread risk.
  • Features – CFD trading software comes with different features. Which tools will bolster your trading experience? Do you need forex heat maps or machine learning-powered market scanners? Do you want to build your own robot for automated trading? If you want to carry out detailed technical analysis then maybe you need a stand-alone charting package.

Bottom Line On CFD Trading Software

CFD trading software connects investors with popular financial markets. Platforms and applications vary in functionality, from offering technical and fundamental analysis alongside trade execution, to niche products that specialise in automated investing.

A useful tip is to check if a software provider or brokerage offers a free demo account so you can try a tool before opening a live account or spending money.

To get started trading CFDs today, use our list of leading brokers and software providers.

FAQ

What Is CFD Trading Software?

CFD trading software is used by traders to analyse the financial markets and make buy and sell decisions. Most top brokers offer comprehensive trading software via a desktop platform or downloadable mobile app. Standard software packages are usually free when you open a live CFD trading account.

What Is The Best CFD Trading Platform?

There are lots of great CFD trading platforms out there, and the best one will depend on the individual trader’s needs. However, the platforms that offer the most to all traders, beginners and experienced, are MT4 and MT5, due to their user-friendly interfaces and wide range of tools.

How Do I Compare CFD Trading Software?

The best way to begin choosing CFD trading software is to get clear on what you need from a platform or application. Do you need advanced charting? Do you want access to the latest financial news and economic releases? Perhaps you want to copy the trades of more experienced investors. Use our guide to choosing CFD trading software to find the right package for your requirements.

What Is The Best CFD Trading Platform For Beginners?

If you are a beginner trader looking for the perfect CFD platform, then one of the best options is MetaTrader 4 (MT4). Available across the world at most leading brokers, this platform offers user-friendly analysis features, instant and pending orders, automated trading, live signals, and more.