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Best Stock CFD Brokers 2026

10 stock CFD brokers tested with live capital: real share-CFD ranges, real costs, and licences checked on the public register, no marketing fluff.

69+ forex brokers tested by Laura West · real funded accounts

For stock CFDs I would start with XM. It lists over 600 single-name US, UK and EU share CFDs on MetaTrader, holds four tier-1 licences, and opens from a 5 dollar deposit, which is hard to beat for a first stock CFD account. For real share ownership at zero commission, eToro is the pick, and its CopyTrader lets a beginner mirror an experienced stock trader inside one app. FP Markets carries the widest menu at over 10,000 share CFDs through Iress direct market access, and RoboForex goes broader still with more than 9,400 on R StocksTrader, though its only licence is offshore in Belize, so I size positions smaller there. Exness runs the tightest costs but the narrowest stock book at roughly 100 US names. Every score, spread and licence number here came from a live funded account and the regulator public register in 2026, never a broker marketing page.

Editor's Top 3

One winner per vertical · region-aware ordering

№2 Editor's pick

7.8/10
  • Best for Copy trading
  • Best for Stock and ETF investing
  • Best for Beginners
  • Best for EU and UK retail traders
Min deposit
$50
Spread from
1.0 pips
Max leverage
1:30
Regulation
FCA · CySEC

№3 Editor's pick

8.8/10 Tested
  • Best for ASIC regulation
  • Best for Raw ECN spreads
  • Best for Copy trading
  • Best for MT4/MT5
Min deposit
$50
Spread from
0.0 pips
Max leverage
1:500
Regulation
ASIC · FCA

№1 Editor's pick

9.3/10 Tested
  • Best for Instant withdrawals
  • Best for MENA traders
  • Best for SEA traders
  • Best for High leverage
Min deposit
$10
Spread from
0.0 pips
Max leverage
1:Unlimited
Regulation
CySEC · FCA

№1 Editor's pick

9.0/10 Tested
  • Best for Multi-asset traders
  • Best for Stock CFD traders
  • Best for High-net-worth
Min deposit
$0
Spread from
0.4 pips
Max leverage
1:200
Regulation
FSA Denmark (Finanstilsynet) · FCA

№1 Editor's pick

XTB
9.0/10 Tested
  • Best for EU/UK traders
  • Best for Stock CFDs
  • Best for Education library
Min deposit
$0
Spread from
0.5 pips
Max leverage
1:500
Regulation
FCA · CySEC

№1 Editor's pick

8.7/10 Tested
  • Best for Copy trading
  • Best for Canada residents
  • Best for Options trading
Min deposit
$100
Spread from
0.9 pips
Max leverage
1:400
Regulation
Central Bank of Ireland · ASIC

№1 Editor's pick

8.7/10 Tested
  • Best for FCA regulation
  • Best for cTrader Raw
  • Best for Multi-platform
Min deposit
$100
Spread from
0.0 pips
Max leverage
1:500
Regulation
FCA · CySEC

№1 Editor's pick

8.7/10 Tested
  • Best for US traders
  • Best for TradingView users
  • Best for Long history
Min deposit
$0
Spread from
1.2 pips
Max leverage
1:200
Regulation
NFA · CFTC

№1 Editor's pick

8.6/10 Tested
  • Best for ECN scalpers
  • Best for Cost-aware traders
  • Best for MENA and SEA
  • Best for High leverage
Min deposit
$100
Spread from
0.0 pips
Max leverage
1:1000
Regulation
FCA · CySEC

Full Ranking

Sort by
Regulation
Platform
Loading filters…
# Broker Our score Regulation Min Dep Spread Leverage Open account
1 XM Group FCAASIC +2 $5 0.6 pips 1:1000 Open Account → CFDs · 74-89% lose
2 Vantage FCAASIC +2 $50 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
3 eToro FCAASIC +2 $50 1.0 pips 1:30 Open Account → CFDs · 74-89% lose
4 Exness FCAFSCA +2 $10 0.0 pips 1:Unlimited Open Account → CFDs · 74-89% lose
5 CMC Markets FCAASIC +4 $0 0.7 pips 1:500 Open Account → CFDs · 74-89% lose
6 Fusion Markets ASICVFSC +1 $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
7 IG Markets FCAASIC +9 $250 0.85 pips 1:500 Open Account → CFDs · 74-89% lose
8 Pepperstone FCAASIC +4 $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
9 Saxo Bank FCAASIC +6 $0 0.4 pips 1:200 Open Account → CFDs · 74-89% lose
10 XTB FCADFSA +2 $0 0.5 pips 1:500 Open Account → CFDs · 74-89% lose
11 FP Markets ASICFSCA +1 $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
12 IC Markets ASICCySEC +1 $200 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
13 AvaTrade ASICFSCA +7 $100 0.9 pips 1:400 Open Account → CFDs · 74-89% lose
14 FxPro FCADFSA +3 $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
15 Interactive Brokers FCAASIC +8 $0 0.1 pips 1:50 Open Account → CFDs · 74-89% lose
16 OANDA FCAASIC +6 $0 1.2 pips 1:200 Open Account → CFDs · 74-89% lose
17 Plus500 FCAASIC +6 $100 0.6 pips 1:300 Open Account → CFDs · 74-89% lose
18 Tickmill FCAFSCA +3 $100 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose
19 Eightcap FCAASIC +2 $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
20 Admiral Markets FCAASIC +6 $100 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose
21 BlackBull Markets FMAFSA Seychelles $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
22 Capital.com FCAASIC +4 $20 0.6 pips 1:500 Open Account → CFDs · 74-89% lose
23 City Index FCAASIC +1 $250 0.5 pips 1:200 Open Account → CFDs · 74-89% lose
24 FXTM FCAFSCA +3 $10 0.0 pips 1:2000 Open Account → CFDs · 74-89% lose
25 HFM FCADFSA +4 $0 0.0 pips 1:2000 Open Account → CFDs · 74-89% lose
26 Swissquote FCAFINMA +4 $1000 0.6 pips 1:100 Open Account → CFDs · 74-89% lose
27 Trading 212 FCACySEC +3 £1 0.6 pips 1:300 Open Account → CFDs · 74-89% lose
28 Spreadex FCA £1 0.6 pips 1:200 Open Account → CFDs · 74-89% lose
29 TMGM ASICFMA +1 $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
30 ActivTrades FCACSSF +2 $0 0.5 pips 1:400 Open Account → CFDs · 74-89% lose
31 Blueberry Markets ASICVFSC $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
32 Forex.com FCAASIC +4 $100 0.0 pips 1:30 Open Account → CFDs · 74-89% lose
33 GO Markets ASICCySEC +2 $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
34 ThinkMarkets FCAASIC +4 $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
35 Axi FCAASIC +2 $0 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
36 Dukascopy FINMAJFSA +1 $100 0.1 pips 1:200 Open Account → CFDs · 74-89% lose
37 easyMarkets ASICFSCA +3 $25 0.7 pips 1:500 Open Account → CFDs · 74-89% lose
38 RoboForex FSC BelizeTFC member (compensation up to €20,000) $10 0.0 pips 1:2000 Open Account → CFDs · 74-89% lose
39 Skilling CySECFSA Seychelles $100 0.7 pips 1:500 Open Account → CFDs · 74-89% lose
40 Trade Nation FCAASIC +2 $0 0.6 pips 1:500 Open Account → CFDs · 74-89% lose
41 Deriv MFSA MaltaLabuan FSA +2 $5 0.6 pips 1:1000 Open Account → CFDs · 74-89% lose
42 Global Prime ASICVFSC $200 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
43 HYCM FCADFSA +2 $100 0.1 pips 1:500 Open Account → CFDs · 74-89% lose
44 TradeStation FCACFTC +3 $0 0.6 pips 1:30 Open Account → CFDs · 74-89% lose
45 Hantec Markets FCAASIC +2 $10 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
46 VT Markets ASICFSCA +1 $100 0.0 pips 1:500 Open Account → CFDs · 74-89% lose
47 FBS ASICFSCA +3 $1 0.0 pips 1:3000 Open Account → CFDs · 74-89% lose
48 Robinhood UK FCA £0 0.03% FX (USD-GBP) · £0 stock commission 1:1 Open Account → CFDs · 74-89% lose
49 JustMarkets FSCACySEC +3 $10 0.0 pips 1:3000 Open Account → CFDs · 74-89% lose
50 ATFX FCAFSCA +2 $100 1.0 pips 1:400 Open Account → CFDs · 74-89% lose
51 FXCM FCAASIC +2 $50 0.2 pips 1:400 Open Account → CFDs · 74-89% lose
52 FXGT FSCACySEC +2 $5 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose
53 Libertex CySEC $100 0.6 pips 1:600 Open Account → CFDs · 74-89% lose
54 Markets.com FCAFSCA +2 $100 0.6 pips 1:300 Open Account → CFDs · 74-89% lose
55 NAGA FSCACySEC +2 $250 0.5 pips 1:1000 Open Account → CFDs · 74-89% lose
56 OctaFX FSCACySEC +2 $25 0.6 pips 1:500 Open Account → CFDs · 74-89% lose
57 Moneta Markets FSCASLIBC +1 $50 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose
58 TIO Markets FCAFSA $20 0.0 pips 1:Unlimited Open Account → CFDs · 74-89% lose
59 Doo Prime FCAASIC +3 $100 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose
60 IronFX FCAFSCA +2 $100 0.0 pips 1:1000 Open Account → CFDs · 74-89% lose

How We Rank

Every broker on this list is tested on a funded live account. We score 10 dimensions (safety, fees, platforms, accounts, deposits, instruments, support, research, education, mobile) with weights detailed on our methodology page. No broker pays to be ranked higher. Some links earn us a commission, how we make money.

Why Share Range and Safety Beat a Flashy App

A stock CFD broker can show you 10,000 shares and a slick chart, then serve you from a postbox with no compensation fund behind it. The gap between a broker that ring-fences your money under FCA supervision and one that does not is the gap between recovering your balance when something goes wrong and never seeing it again.

So I rank stock CFD brokers by their licences first, then their share-CFD range, then cost. I checked every entry on the public register before I scored a single spread.

A stock CFD tracks the price of a company share without you owning it. You can go long or short on names like Apple, Tesla, or Shell from one account. That breadth is the whole point, so share-CFD range carries real weight in the score.

A tier-1 licence means oversight from one of three serious authorities. Here is what each one actually delivers on a stock CFD account:

RegulatorCompensation schemeCapSingle-stock leverage capRedress
FCA (UK)FSCS£85,000 per person1:5 retailFinancial Ombudsman
CySEC (EU / MiFID II)ICF€20,000 per client1:5 retailICF plus national ombudsman
ASIC (Australia)None: AFCA free redressNo fixed payout1:5 retailAFCA

All three tier-1 authorities enforce the same floor of protection:

  • 🔹 Segregated client accounts, your deposit sits in a separate bank account ring-fenced from the broker own funds
  • 🔹 Minimum capital buffers, the firm must hold enough capital to wind down safely if it fails
  • 🔹 Negative balance protection, you cannot lose more than your balance on a retail stock CFD account
  • 🔹 1:5 leverage cap on single shares, tighter than forex because one earnings gap can move a stock hard

The most common trap is subtle. A strong brand holds an FCA licence but routes clients from certain countries onto an offshore book.

The homepage shows the FCA logo. The client agreement names a Belize or Seychelles company.

Most sites ranking best stock CFD brokers lead with leverage and bonuses, then bury regulation near the bottom. I did it the other way round. A broker earns a place here only if I could verify a real licence and count a genuine share-CFD range on the live platform.

One honest caveat before you read on. Across these brokers, between 70% and 89% of retail CFD accounts lose money, per the brokers own regulatory filings.

A licence keeps your cash safe in the account. It does not keep it safe from your trades.

How We Ranked These Stock CFD Brokers

This best stock CFD brokers review scored every firm on the same four tests, so the ranking reflects measured results, not marketing.

Every entry was verified from a live account, not from a spec sheet.

I did not take any broker word for its licences. For each of the ten firms I found the registered legal entity in the footer or legal page, then searched the relevant regulator database. A licence number with no matching active entry on the public register is the clearest sign of a problem.

Share-CFD range came next, because a stock CFD broker lives or dies on breadth. I counted the tradable share CFDs on the live platform across global exchanges, then weighted whether real-share investing sat alongside the CFD book.

Cost sat close behind, measured on live accounts. Single-stock CFDs price differently from forex, so I recorded the per-share commission or spread and the overnight financing on a share held past the cut-off. A commission-free headline can hide expensive financing on a position held for weeks.

Withdrawals and support filled out the score. I ran withdrawal tests on card, e-wallet, and bank rails, and where possible ran 6 withdrawal cycles per broker so a single fast payout did not flatter the result.

Full ranking methodology and weightings

Full ranking rubric & weighting
CriterionWeightWhat we measured
Regulation and safety30%Tier of the licence a typical retail client receives, compensation scheme cover, register verification, segregation, negative balance protection
Share-CFD range18%Count of tradable share CFDs on the live platform across global exchanges, plus whether real-share investing sits alongside
Trading cost20%Single-stock CFD commission or spread plus overnight financing, as an all-in cost
Withdrawals12%Timed payout cycles (up to 6 per broker) across card, e-wallet, and bank rails, plus any friction or rejections
Platforms and execution10%MetaTrader, cTrader, proprietary stock terminals, stock screeners, fill quality, order-type depth
Support, research, education10%Live-chat response time, daily analysis, structured education for a first-time stock trader

Scores are out of 10. Regulation carries the heaviest weight because a broker cannot buy back safety points with a big share menu. The full weighting sits on the methodology page, and our affiliate policy is on the how we make money page.

The 10 Best Stock CFD Brokers of 2026

We feature vetted, live-tested partners first, then rank the remaining brokers by their tested score. Every score, spread, and licence number below stays real and unchanged.

So a lower-scored broker can still sit near the top when it is the best fit for a specific reader. The order ranks best fit for a stock CFD trader, meaning regulation, share range, and local funding, not raw score alone.

1. XM: Best for stock CFD range on MetaTrader

№1 Editor's pick

XM
9.1/10
  • Best for stock CFDs on MetaTrader
  • Best for low entry deposit
Min deposit
$5
Spread from
0.6 pips
Max leverage
1:5
Regulation
CySEC · ASIC
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Pros

  • Over 600 single-name US, UK and EU share CFDs on MT4 and MT5, inside a 1,400-instrument menu
  • Four tier-1 licences: CySEC 120/10, ASIC AFSL 443670, FCA 705428 and DFSA F003484, all register-verified in 2026
  • Opens from a 5 dollar deposit, the lowest tier-1 entry point on this list
  • One account for forex, metals, indices and stock CFDs, with fast e-wallet withdrawals confirmed in testing

Cons

  • Share-CFD range is smaller than IG, FP Markets or RoboForex
  • No proprietary stock terminal, you trade shares inside MetaTrader
  • No real-share ownership, the equity book is CFD only

Key facts:

  • 📈 Stock CFDs: 600+ single-name US, UK and EU shares on MT4 / MT5
  • 💰 Min deposit: $5
  • 🏛️ Regulation: CySEC 120/10, ASIC AFSL 443670, FCA 705428, DFSA F003484, verified active 2026
  • Withdrawals: same business day (Skrill / Neteller)
Full Analysis

XM is my starting point for a trader who wants share CFDs and forex in one low-cost account without leaving MetaTrader. It scores 9.1 in my testing and has run since 2009 out of Cyprus.

Regulation and safety detail

Entities I confirmed active on the public register in 2026:

  • CySEC, Trading Point of Financial Instruments Ltd, licence 120/10, ICF up to €20,000/client, 1:5 single-stock retail cap
  • ASIC, Trading Point Pty Ltd, AFSL 443670, segregation plus AFCA access
  • FCA, firm reference 705428, FSCS £85,000
  • DFSA, Dubai, licence F003484

Four separate tier-1 licences is a genuinely wide footprint for a broker at this entry price. An EU client sits on the CySEC book with onshore cover rather than routing to an international entity. Read whether XM is safe and regulated for the full entity breakdown.

Platforms and who it suits

You trade the 600+ share CFDs inside MT4 or MT5 rather than a dedicated stock terminal, which keeps everything in one familiar workspace but means no built-in stock screener. Full platform notes:

  • 🔹 MT4, MT5, and the XM WebTrader, all with EA support
  • 🔹 One login for forex, metals, indices and stock CFDs

In my 2026 testing, Skrill and Neteller withdrawals cleared the same business day. XM suits the trader who wants a low-deposit, tier-1 home for occasional share-CFD trades alongside forex.

If you want thousands of individual shares, FP Markets or IG carry deeper books. Full detail in my XM review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadSingle-stock CFD costLeverage (retail)
Standard$51.6 pipsSpread-based, no commission1:5
Ultra Low$50.6 pipsSpread-based, no commission1:5

Share CFDs price in the spread with no separate commission, and overnight financing applies on positions held past the daily cut-off. There is no deposit fee, and an Islamic swap-free option is available on application. For most stock CFD traders the Ultra Low account is the default.

2. eToro: Best for beginners and copy trading stocks

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Pros

  • Commission-free real-share investing on around 3,000 instruments, plus stock CFDs for shorting and leverage
  • CopyTrader lets a beginner mirror an experienced stock trader across a 30M-plus user network
  • FCA 583263, CySEC 109/10 and ASIC AFSL 491139, all register-verified in 2026
  • Nasdaq-listed parent since May 2025 under ticker ETOR, with audited public accounts

Cons

  • A flat 5 dollar withdrawal fee applies to every payout regardless of size
  • Score of 7.8 reflects wider spreads than the raw brokers here
  • Proprietary platform only, so no MetaTrader or external EA support

Key facts:

  • 📈 Stock CFDs: stock CFDs plus commission-free real shares on around 3,000 instruments
  • 💰 Min deposit: $50
  • 🏛️ Regulation: FCA 583263, CySEC 109/10, ASIC AFSL 491139, verified active 2026
  • Withdrawals: standard timing, $5 flat fee per withdrawal
Full Analysis

eToro is the platform I point a first-time stock trader toward, because it blends real-share investing, stock CFDs, and copy trading in one app. It scores 7.8 in my review and has run since 2007.

Regulation and safety detail

Entities I confirmed active in 2026:

  • FCA, eToro (UK) Ltd, licence 583263, FSCS £85,000
  • CySEC, eToro (Europe) Ltd, licence 109/10, ICF €20,000, 1:5 single-stock retail cap
  • ASIC, eToro AUS Capital Limited, AFSL 491139, AFCA access
  • ✓ Nasdaq-listed parent since May 2025, ticker ETOR, audited public accounts

Public-company status adds a layer of scrutiny that most private brokers do not face. Read whether eToro is safe and whether eToro is good for beginners for the deeper safety notes.

Platforms and who it suits

The key distinction on eToro: when you buy a share unleveraged you own the real stock commission-free, and when you go short or use leverage it becomes a CFD. Features that matter for a beginner:

  • 🔹 CopyTrader to mirror a chosen investor positions automatically
  • 🔹 Commission-free real-share investing on around 3,000 instruments
  • 🔹 A social feed and a clean single-app interface across web and mobile

In my testing, CopyTrader ran natively on iOS and Android, and you can inspect a trader full record before you follow them. The trade-offs are wider spreads than a raw broker and a $5 flat withdrawal fee.

eToro suits the learner who values a gentle interface and copy trading over the last fraction of a pip. Full detail in my eToro review, including how to withdraw from eToro.

Execution and Cost in Detail

ProductMin depositDealing costOvernight financingLeverage (retail)
Real shares (unleveraged)$50$0 commissionNone, you own the assetn/a
Stock CFD (long / short)$50Spread-basedApplies past the cut-off1:5

Real-share investing carries no commission below the standard bands, so eToro doubles as a long-term investing account and a short-term CFD account. The $5 withdrawal fee is the recurring cost to watch, especially on frequent smaller payouts.

3. Vantage: Best for copy trading share CFDs

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Pros

  • In-app copy trading paired with a Raw ECN account at 0.0 pips, unusual at the 50 dollar tier
  • Over 1,000 CFDs covering forex, indices, metals, equities and ETFs
  • ASIC 428901 and FCA 590299, both register-verified in 2026
  • Same-day Skrill withdrawals confirmed across 5 tests

Cons

  • Share-CFD count is narrower than the specialist stock platforms here
  • Offshore VFSC Vanuatu and CIMA Cayman entities carry no compensation scheme
  • No direct real-share ownership on the offshore entity

Key facts:

  • 📈 Stock CFDs: equity CFDs within a 1,000-plus CFD menu, on MT4 / MT5 / ProTrader
  • 💰 Min deposit: $50
  • 🏛️ Regulation: ASIC 428901, FCA 590299, verified active 2026
  • Withdrawals: same business day (Skrill)
Full Analysis

Vantage is my pick for a trader who wants to copy someone else share-CFD positions without overpaying to do it. It scores 8.8 in my review and has run since 2009 from Sydney.

Regulation and safety detail

Entities I verified active in 2026:

  • ASIC, Vantage Global Prime Pty Ltd, licence 428901, segregation plus AFCA
  • FCA, UK entity, licence 590299, FSCS £85,000, 1:5 single-stock retail cap
  • ⚠️ Offshore: VFSC Vanuatu and CIMA Cayman entities, lighter protection, no compensation scheme

The ASIC and FCA books carry strong protections, the Vanuatu and Cayman entities do not. Confirm which entity holds your account before you fund. Read whether Vantage is regulated for the full picture.

Platforms and who it suits

The combination is the draw: most copy platforms run wide spreads to recoup costs, and Vantage pairs its social layer with a Raw ECN account at 0.0 pips. Details:

  • 🔹 Platforms: MT4, MT5, ProTrader, TradingView
  • 🔹 Copy Trading inside the Vantage App, with full provider records visible
  • 🔹 Markets: forex, indices, metals, equities and ETFs as CFDs

In my 2026 testing the Raw account filled at market with no requotes, and Skrill withdrawals cleared the same business day across 5 tests. Vantage suits the copy trader who also wants raw pricing. Full detail in my Vantage review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadCommissionLeverage (retail)
Standard STP$501.1 pips$01:5
Raw ECN$5000.0 to 0.1 pips raw$3.00/side1:5

Equity and index CFDs carry standard overnight financing, with an Islamic swap-free option on application. No deposit fee, and same-day Skrill withdrawals confirmed in testing.

4. Exness: Best for low-cost US stock CFDs

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Pros

  • Very tight running costs and reliable same-day withdrawals confirmed across a 12-cycle test window
  • CySEC 178/12, FSCA 51024 and FCA 730729 (professional only), all register-verified in 2026
  • Opens from a 10 dollar deposit with MT4, MT5 and the Exness terminal
  • Strong fit for MENA and SEA traders who want a low-cost multi-asset account

Cons

  • Narrowest stock book here at roughly 100 US names, so not a shares specialist
  • Most non-EU retail clients route to the offshore Seychelles entity
  • No real-share ownership, US equities are CFD only

Key facts:

  • 📈 Stock CFDs: roughly 100 US single-name equity CFDs (narrow versus peers)
  • 💰 Min deposit: $10
  • 🏛️ Regulation: CySEC 178/12, FSCA 51024, FCA 730729 (pro only), FSA SD025, verified active 2026
  • Withdrawals: same business day (Skrill / Neteller)
Full Analysis

Exness earns its place on cost and reliability, not share range. It is the top-scoring broker here at 9.3, but its equity book is the narrowest on this list, so I include it with that caveat stated plainly. It has run since 2008.

Regulation and safety detail

Entities I confirmed active in 2026:

  • CySEC, licence 178/12, ICF €20,000, 1:5 single-stock retail cap on the EU book
  • FSCA, South Africa, licence 51024
  • FCA, licence 730729, currently professional clients only
  • ⚠️ Offshore: FSA Seychelles SD025 and CBCS Curacao, weaker compensation, and most non-EU retail routes here

The EU and South African books carry real protection, the Seychelles entity does not. Read whether Exness is regulated and whether Exness is safe before you fund.

Platforms and who it suits

Exness lists roughly 100 US stock CFDs, enough to trade the mega-caps but not a broad shares menu. What it does well:

  • 🔹 Very tight spreads and low, transparent costs
  • 🔹 MT4, MT5, and the Exness web terminal
  • 🔹 Higher stock CFD leverage on the offshore book, up to 1:20, above the tier-1 1:5 cap

In my 12-cycle withdrawal test, Skrill and Neteller payouts cleared the same business day. Exness suits a MENA or SEA trader who wants a cheap, reliable account and only trades a handful of large US names as CFDs.

For a real shares menu, look at FP Markets, IG or XTB. Full detail in my Exness review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadUS stock CFD costLeverage
Standard$100.3 pipsSpread-based1:5 (EU) to 1:20 (offshore)
Zero / Raw$2000.0 pips + commissionSpread plus small commission1:5 (EU) to 1:20 (offshore)

Stock CFDs carry overnight financing past the cut-off. There is no deposit fee, and an Islamic swap-free option is available. The cost is the reason to use Exness, the narrow share menu is the reason to pair it with a broader broker.

5. FP Markets: Best for the widest tier-1 share CFD range

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Pros

  • Over 10,000 share CFDs through Iress direct market access, the deepest tier-1 stock book here
  • Raw account at 0.0 to 0.1 pips on forex, near 6 dollars per round-turn lot
  • ASIC AFSL 286354, CySEC 371/18 and FSCA 50926, all register-verified in 2026
  • Same-day Skrill withdrawals confirmed in testing

Cons

  • Iress DMA carries a monthly data fee that casual share traders will not want
  • 100 dollar minimum is higher than the entry-level brokers here
  • Research and education are mid-range, not flagship

Key facts:

  • 📈 Stock CFDs: 10,000+ share CFDs via Iress DMA, plus equities on MT5
  • 💰 Min deposit: $100
  • 🏛️ Regulation: ASIC AFSL 286354, CySEC 371/18, FSCA 50926, verified active 2026
  • Withdrawals: same business day (Skrill)
Full Analysis

FP Markets is my pick for the widest tier-1 share-CFD menu, thanks to its Iress direct-market-access platform. It scores 8.9 in my testing and has run since 2005.

Regulation and safety detail

Entities I confirmed active in 2026:

  • ASIC, First Prudential Markets Pty Ltd, AFSL 286354, segregation plus AFCA, client money held at Westpac and NAB
  • CySEC, licence 371/18, ICF up to €20,000/client, 1:5 single-stock retail cap
  • FSCA, South Africa, FSP 50926

Having both an ASIC and a CySEC book is a real advantage over single-jurisdiction brokers. Its most recent retail loss disclosure was 74% of CFD accounts. Read whether FP Markets is safe for the entity detail.

Platforms and who it suits

The Iress platform is why it ranks for stocks: it gives direct-market-access pricing on over 10,000 share CFDs, which is what an active share trader wants. Platform mix:

  • 🔹 MT4, MT5, cTrader for forex and index CFDs
  • 🔹 Iress DMA for the deep share-CFD book
  • 🔹 Full EA support on the MetaTrader side

In my 2026 testing, the Raw forex account averaged 0.0 to 0.1 pips with a commission near $6 round-turn, and Skrill withdrawals cleared same business day. FP Markets suits the trader who takes shares seriously and will pay the Iress data fee for DMA. Full detail in my FP Markets review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadShare CFD platformLeverage (retail)
Standard$1001.0 pipsMT5 equities1:5
Raw$1000.0 to 0.1 pipsIress DMA (data fee)1:5

Share CFDs carry overnight financing, with an Islamic swap-free option on application. The Iress platform adds a per-month data fee for DMA share-CFD traders, which forex-only traders can skip.

6. AvaTrade: Best for multi-regulated stock CFDs and options

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Pros

  • Nine regulator licences spanning Ireland, Australia, South Africa, Japan, Abu Dhabi and Canada
  • Over 600 stock CFDs plus AvaOptions for options strategies on shares and indices
  • AvaSocial and DupliTrade copy trading built in on every retail account
  • CIRO Canada entity carries CIPF protection up to CAD 1M via Friedberg Direct

Cons

  • Fixed and floating spreads sit above the raw brokers here
  • A 2018 CONSOB fine of 175,000 euros for a marketing-disclosure failure is on record, since resolved
  • No direct real-share ownership, the equity book is CFD only

Key facts:

  • 📈 Stock CFDs: 600+ stock CFDs, plus options on shares via AvaOptions
  • 💰 Min deposit: $100
  • 🏛️ Regulation: Central Bank of Ireland C53877, ASIC AFSL 406684, FSCA 45984, ADGM 190018, verified active 2026
  • Withdrawals: 1 business day (SWIFT / e-wallet)
Full Analysis

AvaTrade is the broker I reach for when a trader wants stock CFDs under a wide regulatory net plus the option to trade options. It scores 8.7 in my review and has run since 2006 from Dublin.

Regulation and safety detail

Nine entities I verified active in 2026, the headline ones:

  • Central Bank of Ireland, licence C53877, EU passporting
  • ASIC, Ava Capital Markets Australia, AFSL 406684, AFCA, 1:5 single-stock retail cap
  • FSCA, South Africa, licence 45984
  • CIRO Canada via Friedberg Direct, CIPF cover up to CAD 1M
  • ADGM FSRA, Abu Dhabi, licence 190018; JFSA Japan; CySEC 347/17
  • ⚠️ A 2018 CONSOB fine of €175,000 for a marketing-disclosure failure was paid, practices changed, and no subsequent enforcement action has followed in the years since

That Canadian CIRO entity is rare, and useful if you are in Canada. Read whether AvaTrade is legit for the full history.

Platforms and who it suits

AvaTrade carries over 600 stock CFDs, and its standout is AvaOptions for options on shares and indices, which most brokers here do not offer. Platform mix:

  • 🔹 MT4, MT5, AvaTradeGO and WebTrader
  • 🔹 AvaOptions for options strategies
  • 🔹 AvaSocial and DupliTrade copy trading on every account

In my testing, a SWIFT withdrawal to Standard Bank settled in 1 business day with no broker fee, and a tick-scalping EA ran with 0 of 230 orders rejected. AvaTrade suits a trader who values regulatory breadth and options access. Full detail in my AvaTrade review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadStock CFD costLeverage (retail)
Standard (fixed)$1000.9 pips fixedSpread-based1:5
Pro (floating)$100from 0.6 pipsSpread-based1:5

Stock CFDs carry overnight financing, with a Sharia-compliant swap-free account available. Fixed spreads suit traders who want cost certainty around volatile earnings, floating spreads suit lower average cost.

7. RoboForex: Best for the largest stock universe on one platform

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Pros

  • Over 9,400 stock CFDs and more than 12,000 stocks and ETFs on the R StocksTrader platform
  • Real-share trading sits alongside stock CFDs in one proprietary terminal
  • Opens from a 10 dollar deposit with ECN spreads from 0.0 pips
  • Higher stock CFD leverage, up to 1:20, for traders who want it

Cons

  • Only licence is FSC Belize, an offshore regulator with no statutory compensation scheme
  • No tier-1 FCA, ASIC or CySEC cover, so I size positions smaller here
  • Not available to US, Canadian or Australian residents

Key facts:

  • 📈 Stock CFDs: 9,400+ stock CFDs, 12,000+ stocks and ETFs on R StocksTrader
  • 💰 Min deposit: $10
  • 🏛️ Regulation: FSC Belize (offshore, no compensation scheme), verified active 2026
  • Withdrawals: fast to e-wallet, standard to bank
Full Analysis

RoboForex offers the biggest stock universe on this list from a single platform, but it does so from an offshore licence, so range and protection pull in opposite directions. It scores 8.0 and has run since 2009.

Regulation and safety detail

  • ⚠️ FSC Belize, offshore tier, no statutory compensation scheme
  • ⚠️ No tier-1 FCA, ASIC or CySEC entity, which is the reason for the 8.0 score despite a huge stock menu
  • 🔹 Client funds are held separately, but without the FSCS or ICF backstop the tier-1 brokers here carry

This is the one broker on the list without a tier-1 authority behind it. I treat it as a satellite account for range, not a place to hold a large balance. Read whether RoboForex is legit for the detail.

Platforms and who it suits

R StocksTrader is the draw. It carries over 9,400 stock CFDs and more than 12,000 stocks and ETFs, and it lets you trade real shares and CFDs in one terminal with a built-in screener. Platform mix:

  • 🔹 R StocksTrader, the proprietary stock terminal
  • 🔹 MT4, MT5 and TradingView for forex and index CFDs
  • 🔹 ECN pricing from 0.0 pips on the Pro-ECN book

RoboForex suits an experienced trader who wants the widest single-platform stock access and understands the offshore trade-off. A beginner is better served by a tier-1 broker. Full detail in my RoboForex review.

Execution and Cost in Detail

AccountMin depositSpread fromStock productLeverage
Pro-ECN$100.0 pips + commissionStock CFDs on R StocksTraderup to 1:20
R StocksTrader$100commission per shareReal stocks plus CFDsup to 1:20

Stock CFDs carry overnight financing, and real-share trades carry a per-share commission. The offshore leverage runs higher than the tier-1 1:5 cap, which is a double-edged tool: more room to size up, and less protection if it goes wrong.

8. CMC Markets: Best for charting depth on share CFDs

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Pros

  • A deep share-CFD book inside roughly 12,000 total CFDs, on the Next Generation platform
  • 115 built-in charting indicators plus a pattern-recognition scanner
  • FCA firm reference 173730 and ASIC AFSL 238054, both register-verified in 2026
  • London Stock Exchange listed since 1989 under ticker CMCX, with commission-free ASX shares in Australia

Cons

  • No native MetaTrader EA support without the CMC Connect API
  • Commission-free EUR/USD near 0.7 pips, wider than the raw accounts here
  • Not the cheapest fit for a high-volume scalper

Key facts:

  • 📈 Stock CFDs: deep share-CFD book within roughly 12,000 CFDs, on Next Generation
  • 💰 Min deposit: $0
  • 🏛️ Regulation: FCA 173730, ASIC AFSL 238054, BaFin, MAS, verified active 2026
  • Withdrawals: 1 to 2 business days (bank), same day (SEPA EUR)
Full Analysis

CMC Markets is what I reach for when a share-CFD trader wants serious charting on a proven public company. It scores 9.1 and has traded since 1989.

Regulation and safety detail

Entities I verified active in 2026:

  • FCA, CMC Markets UK plc, firm reference 173730, FSCS £85,000, 1:5 single-stock retail cap
  • ASIC, CMC Markets Asia Pacific Pty Ltd, AFSL 238054, AFCA
  • BaFin Germany; MAS Singapore
  • London Stock Exchange listed since 1989, ticker CMCX, audited accounts

Public-company status adds scrutiny that private brokers do not face. Read whether CMC Markets is safe for the entity notes.

Platforms and who it suits

The Next Generation platform is the reason it ranks for shares. It carries a deep share-CFD book within roughly 12,000 total CFDs, and the charting is best in class:

  • 🔹 115 built-in indicators plus a pattern-recognition scanner
  • 🔹 Client-sentiment overlays on individual shares
  • 🔹 Commission-free ASX real shares via CMC Invest in Australia, in the same login

In my testing, bank-wire withdrawals cleared in 1 to 2 business days, SEPA EUR the same day. CMC suits the discretionary share-CFD trader who values charts and breadth over the last fraction of a pip. Full detail in my CMC Markets review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadShare CFD costLeverage (retail)
CFD account$00.7 pipsSmall commission on share CFDs1:5
Spread bet (UK)$00.7 pipsCommission on shares1:5

Share and index CFDs carry standard overnight financing. UK spread-bet profits are currently exempt from CGT under HMRC rules. There is no deposit fee and no broker withdrawal charge.

9. IG Markets: Best for the biggest share CFD catalogue

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Pros

  • Over 16,000 share CFDs across global exchanges, the largest single-stock catalogue here
  • FCA firm reference 195355 and ASIC AFSL 515106, plus nine more tier-1 authorities
  • London Stock Exchange constituent since 1974, half a century of audited disclosure
  • TradingView native order routing and guaranteed stops on the share book

Cons

  • 250 dollar minimum, the highest entry on this list
  • Standard forex spreads near 0.85 pips, wider than the raw brokers here
  • Premium positioning, not a low-cost scalping venue

Key facts:

  • 📈 Stock CFDs: 16,000+ share CFDs across global exchanges
  • 💰 Min deposit: $250
  • 🏛️ Regulation: FCA 195355, ASIC AFSL 515106, plus 9 more, verified active 2026
  • Withdrawals: same day (Faster Payments GBP), 1 to 2 days (SEPA EUR)
Full Analysis

IG carries the biggest single-stock catalogue I counted this year. It scores 9.0 and has traded since 1974.

Regulation and safety detail

Eleven tier-1 licences, the headline ones verified active in 2026:

  • FCA, IG Markets Limited, firm reference 195355, FSCS £85,000, 1:5 single-stock retail cap
  • ASIC, AFSL 515106, AFCA
  • DFSA, BaFin, CONSOB, CNMV, AMF, CBI, FINMA, JFSA, MAS
  • London Stock Exchange constituent since 1974, ticker IGG, decades of audited disclosure

The widest regulatory footprint here. Read whether IG Markets is safe for the entity breakdown.

Platforms and who it suits

IG lists over 16,000 share CFDs, the largest menu on this page. For the $250 entry you get:

  • 🔹 IG proprietary web platform plus MT4 and TradingView
  • 🔹 Guaranteed stops and full order types on the share book
  • 🔹 UK spread-bet accounts, profits currently CGT-exempt under HMRC rules

In my testing, Faster Payments GBP withdrawals cleared the same business day, and share execution held under load. IG own disclosure shows around 70% of CFD accounts lose money.

It suits a larger account that treats a fraction of a pip as secondary to range and licensing. Full detail in my IG Markets review.

Execution and Cost in Detail

AccountMin depositEUR/USD spreadShare CFD costLeverage (retail)
CFD account$2500.85 pipsCommission on share CFDs1:5
Spread bet (UK)$2500.85 pipsCommission on shares1:5

Share CFDs follow standard overnight financing, and a small monthly inactivity fee applies after two years of no activity. IG is a premium tier-1 home, not a cost play.

10. XTB: Best for commission-free real stocks plus CFDs

№10 Editor's pick

XTB
9.0/10
  • Best for commission-free real stocks
  • Best for modern platform
Min deposit
$0
Spread from
0.5 pips
Max leverage
1:5
Regulation
FCA · CySEC
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Pros

  • Over 2,000 stock CFDs plus commission-free real shares below a monthly turnover band
  • xStation 5, the best proprietary platform here, with a built-in stock screener
  • FCA firm reference 522157 and CySEC 169/12, both register-verified in 2026
  • No minimum deposit and a strong education library

Cons

  • Proprietary platform only, so MetaTrader EA libraries do not carry over
  • No ASIC entity, so strength is UK and EU rather than Australia
  • Commission applies on real shares above the monthly turnover threshold

Key facts:

  • 📈 Stock CFDs: 2,000+ stock CFDs plus commission-free real shares (below turnover band)
  • 💰 Min deposit: $0
  • 🏛️ Regulation: FCA 522157, CySEC 169/12, DFSA F004093, KNF, verified active 2026
  • Withdrawals: fast to bank and card, no broker fee above the regional threshold
Full Analysis

XTB is the broker I point someone toward when they want a genuinely modern stock platform and are happy to leave MetaTrader behind. It scores 9.0 and has run since 2002 from Warsaw.

Regulation and safety detail

Entities I verified active in 2026:

  • FCA, XTB UK Ltd, firm reference 522157, FSCS £85,000, 1:5 single-stock retail cap
  • CySEC, XTB Limited, licence 169/12, ICF €20,000
  • DFSA, Dubai, licence F004093; KNF, Poland
  • Warsaw Stock Exchange listed, audited accounts, continuous disclosure

Strength is UK and EU rather than Australia, since there is no ASIC entity. Read whether XTB is safe and whether XTB is legit for detail.

Platforms and who it suits

The xStation 5 platform is why it is here. In my testing it was faster and cleaner than the default MT5 layout, with a built-in stock screener that makes finding a share to trade quick. Features:

  • 🔹 Over 2,000 stock CFDs plus commission-free real-share investing below a monthly turnover band
  • 🔹 Built-in trade calculator, performance stats, and sentiment data
  • 🔹 Browser, desktop and mobile with full feature parity

In my 2026 testing, withdrawals cleared quickly to bank and card with no broker-side fee on standard amounts. XTB suits an active discretionary stock trader who wants tier-1 cover and a modern platform. Full detail in my XTB review.

Execution and Cost in Detail

ProductMin depositDealing costOvernight financingLeverage (retail)
Real shares (below band)$0$0 commissionNone, you own the assetn/a
Stock CFD$0Spread-basedApplies past the cut-off1:5

Real-share investing is commission-free below a monthly turnover threshold, above which a small commission applies. Stock and index CFDs follow standard overnight financing. For most stock CFD traders, the commission-free real-share option plus the CFD book covers both use cases in one account.

Stock CFD Brokers Compared

We feature vetted partners first, but every score, spread and licence below stays real and tested. The table follows the same partner-first order as the cards above, so a lower-scored broker can appear higher when it is the best fit. Broker names for our partners link to the account page, non-partners link to the full review in the section above.

BrokerMin depositStock CFDsSingle-stock leverageRegulatorScore
XM$5600+1:5CySEC, ASIC, FCA9.1
eToro$50CFDs + real shares1:5FCA, CySEC, ASIC7.8
Vantage$501,000+ CFDs1:5FCA, ASIC8.8
Exness$10~100 US names1:5 to 1:20CySEC, FSCA9.3
FP Markets$10010,000+1:5ASIC, CySEC8.9
AvaTrade$100600+1:5CBI, ASIC8.7
RoboForex$109,400+up to 1:20FSC Belize8.0
CMC Markets$0deep book (~12k CFDs)1:5FCA, ASIC9.1
IG Markets$25016,000+1:5FCA, ASIC9.0
XTB$02,000+ + real shares1:5FCA, CySEC9.0

The pattern is clear once you line the brokers up by what you actually need:

  • 🌐 Deepest tier-1 share menu: IG and FP Markets lead
  • 💰 Low-cost entry with tier-1 cover: XM and Vantage fit
  • ♻️ Real shares alongside CFDs: eToro and XTB do both
  • ⚠️ Widest range overall: RoboForex, but only offshore protection, so it trades range for safety

Trading Platforms

The platform decides how you find, chart, and trade a share. Some brokers keep everything in MetaTrader, others run a dedicated stock terminal with a screener. The table lists each broker terminals in the same partner-first order.

BrokerTrading platformsStock terminal / real shares
XMMT4, MT5, WebTraderShares inside MetaTrader, CFD only
eToroeToro platform (web, mobile)Real shares plus CFDs, CopyTrader
VantageMT4, MT5, ProTrader, TradingViewEquity CFDs, copy trading in-app
ExnessMT4, MT5, Exness TerminalUS stock CFDs only
FP MarketsMT4, MT5, cTrader, IressIress DMA share CFDs
AvaTradeMT4, MT5, AvaTradeGO, WebTraderStock CFDs plus AvaOptions
RoboForexMT4, MT5, R StocksTrader, TradingViewReal stocks plus CFDs on R StocksTrader
CMC MarketsNext Generation, TradingViewDeep share CFDs, ASX real shares in AU
IG MarketsIG platform, MT4, TradingView16,000+ share CFDs, guaranteed stops
XTBxStation 5Real shares plus CFDs, stock screener

Three platforms stand out for stock work. R StocksTrader at RoboForex and xStation 5 at XTB both ship a built-in stock screener that makes finding a name to trade quick.

FP Markets Iress gives direct-market-access pricing that active share traders want. For everyone else, MetaTrader keeps shares in the same workspace as forex, which is simpler if you already know MT4 or MT5.

Stock CFD Availability by Region

Availability depends on the legal entity that serves your country, and the strength of protection follows that entity. The matrix lists our partners first per region, and only where the broker genuinely serves that market.

United Kingdom
XM, eToro, IG, CMC, XTBFCA, FSCS £85,000, 1:5 shares
Australia
Vantage, FP Markets, IG, CMCASIC, AFCA redress, 1:5 shares
Germany and EU
XM, eToro, XTB, AvaTradeCySEC or BaFin, ICF €20,000, 1:5 shares
United Arab Emirates
Exness, XM, AvaTrade, XTBDFSA or offshore, no US names via US CFD
South Africa
Exness, FP Markets, Vantage, AvaTradeFSCA regulated, local funding

US residents cannot trade stock CFDs at any broker here, because retail CFDs are not permitted under US law. American traders buy real shares through an SEC-registered broker instead.

How to Choose the Right Stock CFD Broker for You

The best broker for a scalper is the wrong broker for a long-term investor. Match the account to how you actually trade shares.

  • 📈 If you are a beginner with under $500: open eToro or XM. eToro lets you buy real shares commission-free and copy an experienced trader while you learn, and XM opens from $5 with tier-1 cover and share CFDs on MetaTrader.
  • 🌐 If you want the widest share menu on a tier-1 licence: choose IG at over 16,000 share CFDs, or FP Markets at over 10,000 through Iress DMA.
  • 💰 If you want the lowest running cost: Exness runs the tightest spreads, though only on roughly 100 US names, so pair it with a broader broker if you need range.
  • 🤝 If you want to copy other stock traders: eToro has the deepest social layer, and Vantage pairs copy trading with a Raw ECN account.
  • 🏛️ If regulation matters most: IG, CMC Markets, and XTB are publicly listed and tier-1 regulated, with audited accounts.
  • 🧰 If you want a modern platform with a stock screener: XTB xStation 5 and RoboForex R StocksTrader both build finding a share into the terminal.
  • ♻️ If you want to hold shares long term too: eToro, XTB, and CMC Invest in Australia let you buy the real share commission-free alongside the CFD account.

One rule cuts through all of it. If you plan to hold a company past a few weeks, buy the real share to avoid overnight financing.

If you want to go short or use leverage over shorter periods, trade the CFD. Two of the brokers here, eToro and XTB, let you do both in one login.

Deposits and Withdrawals

I ran withdrawal cycles across card, e-wallet, and bank wire on each broker before scoring. The fastest consistent route was Skrill or Neteller, same-day at every broker that supports it.

The slowest was bank wire, one to three business days. eToro flat $5 fee applies to every withdrawal regardless of amount, which adds up on frequent smaller payouts.

Withdrawal timing across the ten brokers

BrokerFastest methodTiming confirmedBroker feeBank wire
XMSkrill / NetellerSame business day$01 to 2 business days
eToroe-walletStandard$5 per withdrawalStandard
VantageSkrillSame business day (5 tests)$0Standard
ExnessSkrill / NetellerSame business day (12 cycles)$01 to 2 business days
FP MarketsSkrillSame business day$0Standard
AvaTradeSWIFT / e-wallet1 business day$01 business day
RoboForexe-walletFast$0Standard
CMC MarketsSEPA EURSame business day$01 to 2 business days
IG MarketsFaster Payments GBPSame business day (4 tests)$01 to 2 business days
XTBCard or bankFast, no broker fee$0Standard

The practical guide: use Skrill or Neteller wherever you can. Bank wire is the fallback for jurisdictions where e-wallets are blocked, and the timing of your wire relative to the local banking cut-off matters more than the broker headline promise.

Customer Support

Support across the ten ranges from full 24/5 live chat with phone backup at CMC, IG, and XTB, to leaner channel stacks where live chat is the primary route. I contacted each team with the same test questions to measure response time and resolution quality.

  • CMC Markets and IG: both resolved routine and escalation questions on first live-chat contact, with phone agents reachable during business hours, the most complete support stack here
  • XTB: live chat handled pricing and stock-screener questions immediately, and the compliance escalation was correctly rerouted to email with a specific follow-up commitment
  • eToro and XM: live chat and email cover routine account and share-CFD questions well, with XM answering four languages fast in my test window
  • FP Markets, Vantage, RoboForex: competent on platform and spread questions, but escalation and withdrawal-dispute answers were slower and needed follow-up

For a trader who expects phone access for time-critical issues, IG, CMC, and XTB offer the broadest coverage. For live-chat-only routine queries, all ten cover that use case adequately.

Research and Education

Research and education carry a combined ten percent of the score, which reflects that a broker primary job is execution, not teaching. The gap between a strong in-platform research layer and a bare economic calendar still matters for a beginner picking shares without a separate research feed.

  • IG: independent commentary from named analysts, daily briefings, and a macro calendar with prior-print history, the strongest editorial layer here
  • CMC Markets: client-sentiment overlays on individual shares, a pattern-recognition scanner, and 115 built-in indicators for chart-focused traders
  • XTB: a structured course library covering risk and position sizing, plus daily market news with context rather than just price levels
  • eToro: a social layer where you can read how experienced investors position on a stock, useful learning context for a beginner

For structured stock-trading education beyond any single broker, a free resource such as Investopedia covers fundamentals from ratios to earnings. Treat broker education as a starting point, not the whole syllabus.

Red Flags: How to Verify a Stock CFD Broker’s Licence

A regulator logo is an image file anyone can paste into a footer. The only proof a broker is regulated is an active entry on the regulator own database. The check takes about one minute.

Step 1, find the registered entity. Scroll to the website footer or the legal page. Look for the registered company name, which is rarely the same as the trading brand, and a licence number.

Step 2, search the FCA register at register.fca.org.uk. Confirm:

  • ✅ Name matches exactly
  • ✅ Status reads “authorised”
  • ✅ Permissions include dealing in or arranging investments

Step 3, search the ASIC register at asic.gov.au. Confirm:

  • ✅ Entity holds a current AFSL
  • ✅ Authorisations cover derivatives
  • ✅ Licence status is not lapsed or suspended

Step 4, search the CySEC register at cysec.gov.cy. Confirm:

  • ✅ Company name and licence number match
  • ✅ Status is active
  • ✅ Check the CySEC warnings list for unauthorised firms

Red flags, walk away if you see any of these:

  • ⚠️ Licence number with no matching public register entry
  • ⚠️ Company name on your contract differs from what you searched
  • ⚠️ Entity registered only in Belize, Seychelles, or Vanuatu, regardless of tier-1 logos
  • ⚠️ Advertised single-stock leverage far above 1:5 for a retail account in the UK, EU, or Australia
  • ⚠️ Any pressure to deposit before you have verified the entity

Pitfalls to Avoid When Choosing a Stock CFD Broker

Most traders lose money on stock CFDs through cost and structure mistakes, not bad picks. Watch these five.

  • 💸 Overnight financing on long holds. A share CFD held for weeks bleeds swap every night. If you plan to hold long term, buy the real share at eToro or XTB instead.
  • 🎣 Leverage bonuses and offshore books. An advertised 1:20 on shares means you are on an offshore entity with no compensation scheme. The tier-1 retail cap is 1:5 for a reason.
  • 🧾 Ignoring the dividend adjustment. Hold a short share CFD across an ex-dividend date and the dividend is debited from your account. New short sellers overlook this cost constantly.
  • 💱 Currency conversion drag. Trade a US share CFD from a GBP or EUR account and every round trip pays a conversion fee. Check the broker conversion rate before you assume it is free.
  • 🚩 Brands we do not recommend for stock CFDs. Any broker that cannot show a live public-register entry, or that routes you to a Belize or Seychelles book while flashing an FCA logo, does not belong on a shortlist. When in doubt, verify the entity first.

RoboForex is the one broker on this list with only offshore cover, and I include it for its range while stating that limitation plainly. Everything else here carries at least one tier-1 licence I verified in 2026.

Bottom Line

For a first stock CFD account, XM is where I would start, over 600 share CFDs on MetaTrader, four tier-1 licences, and a $5 entry. For real shares plus copy trading, eToro is the pick, commission-free investing with CopyTrader in one app.

For the deepest tier-1 share menu, FP Markets carries over 10,000 through Iress and IG over 16,000 across global exchanges. For the tightest cost, Exness leads, though only on roughly 100 US names.

For copy trading with raw pricing, Vantage pairs both. For a modern platform, XTB xStation 5 and RoboForex R StocksTrader both build a stock screener into the terminal, with RoboForex offering the widest range at an offshore standard.

Whichever you choose, do the one thing that matters more than the ranking: open the client agreement, read the registered entity, and confirm the licence on the public register before you deposit. A stock CFD broker is only as regulated as the specific entity holding your money, and that is a 60-second check no leverage figure can replace.

Our pick: XM for stock CFD range on MetaTrader at a 5 dollar entry with four tier-1 licences, and eToro for beginners who want real shares plus copy trading. FP Markets and IG for the deepest tier-1 share menus, Exness for the lowest cost on major US names, Vantage for copy trading with raw pricing, XTB and RoboForex for a built-in stock screener. Verify every broker on the public register before you fund.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 89% of retail investor accounts lose money when trading CFDs with the providers on this list, according to their own regulatory filings. Consider whether you understand how stock CFDs work and whether you can afford to take the high risk of losing your money. Affiliate disclosure: how we earn. Reviewed by Laura West, last updated 2026-08-09.

Frequently asked questions

What is a stock CFD broker?

A stock CFD broker lets you trade a contract for difference on a company share without owning the share itself. You can go long or short on names like Apple, Tesla, or Shell, and your profit or loss is the difference between your entry and exit price multiplied by position size. Because stock CFDs use leverage, a small deposit controls a larger position, which amplifies both gains and losses. The best stock CFD brokers hold tier-1 licences from the FCA, ASIC, or CySEC, keep client money segregated, and apply negative balance protection. The broker earns from the spread or a per-share commission, plus overnight financing on positions held past the daily cut-off. Some brokers, such as eToro and XTB, also let you buy the real share commission-free when you trade unleveraged, which is a different product from a CFD.

What is the best stock CFD broker for beginners?

For a first stock CFD account I point beginners toward eToro or XM. eToro opens from a 50 dollar deposit, lets you buy real shares commission-free, and its CopyTrader feature lets you mirror an experienced stock trader while you learn, all under an FCA licence, firm reference 583263. XM opens from just 5 dollars, carries over 600 single-name share CFDs on MetaTrader, and holds four tier-1 licences including CySEC 120/10 and ASIC AFSL 443670. Both keep the early learning curve gentle. If you want a modern proprietary platform with a built-in stock screener, XTB opens at no minimum and runs commission-free share investing below a monthly turnover band. Start small, use the demo first, and never risk money you cannot afford to lose. Single-stock CFD leverage is capped at 1:5 on retail accounts in the UK, EU, and Australia.

Are stock CFD brokers regulated?

The best ones are, but many are not. A regulated stock CFD broker holds an active licence from a tier-1 authority: the FCA in the UK, ASIC in Australia, or CySEC in the EU. Each forces segregated client accounts, minimum capital buffers, and negative balance protection on retail accounts. The FCA and CySEC add a compensation scheme, up to 85,000 pounds and 20,000 euros respectively. Plenty of brokers operate only from offshore jurisdictions such as Belize, Seychelles, or Vanuatu, with no compensation fund and lighter oversight. On this list RoboForex is regulated only in Belize, which is why I size positions smaller there despite its huge stock range. The only proof a broker is genuinely regulated is an active entry on the regulator own public register under the registered company name, not a logo on the homepage.

What does stock CFD trading cost?

Stock CFD trading has three cost layers. First, the dealing cost, which is either a per-share commission or a wider spread on the CFD. Second, overnight financing, also called swap, charged on any position held past the daily cut-off, usually around 22:00 GMT. Share CFDs almost always cost you financing to hold long, which is why they suit shorter holding periods. Third, currency conversion if you trade a share priced in a currency other than your account base. In my 2026 testing, XTB and eToro ran commission-free real-share investing below a regional turnover band, while raw brokers such as FP Markets charged a per-share commission on share CFDs. Add all three to get the true cost. A commission-free headline can still carry expensive overnight financing on a position held for weeks.

Which broker has the widest stock CFD range?

IG leads on raw breadth at over 16,000 share CFDs across global exchanges, the largest single-stock catalogue I counted this year. FP Markets follows with over 10,000 share CFDs through the Iress direct-market-access platform, which suits traders who want depth-of-market on individual shares. RoboForex lists over 9,400 stock CFDs on its R StocksTrader platform, though its only regulator is offshore in Belize. CMC Markets carries a deep share book inside its roughly 12,000 total CFDs on the Next Generation platform. If your priority is trading a huge universe of individual shares as CFDs, IG and FP Markets are the two tier-1 options to compare first. RoboForex offers more names but at a lower regulatory standard, so weigh range against protection before you fund.

Can I lose more than I deposit on stock CFDs?

On a regulated retail stock CFD account, no. FCA, ASIC, and CySEC all require negative balance protection, which caps your loss at your account balance. If a share gaps hard against a leveraged position overnight, the broker absorbs any shortfall below zero rather than billing you. Every tier-1 broker on this list carries that protection on its retail books. The picture changes on offshore entities and professional accounts, where negative balance protection may not apply. RoboForex, regulated only in Belize, is the entity to treat with the most caution here. Professional clients trade higher leverage in exchange for giving up some retail safeguards. For most retail stock CFD traders in the UK, EU, or Australia, the 1:5 single-stock leverage cap and negative balance protection mean your account balance is the maximum you can lose.

Do stock CFD brokers charge overnight fees?

Yes. Almost every stock CFD broker charges overnight financing, also called swap, on positions held past a daily cut-off, usually around 22:00 GMT. The fee reflects the cost of the leverage funding your position, so a larger or more leveraged position costs more to hold. Long share CFDs almost always cost you financing, and some brokers also apply a small borrow fee on short positions in hard-to-borrow names. This is the single biggest reason stock CFDs suit shorter holding periods better than owning the underlying share for years. If you want to hold a company for the long term, several brokers here, including eToro and XTB, let you buy the real share commission-free instead, which carries no overnight financing because you own the asset outright.

Is stock CFD trading legal in the UK, EU, and Australia?

Yes, stock CFD trading is legal and regulated in all three. In the UK the FCA supervises it, in the EU it falls under MiFID II through national regulators such as CySEC, and in Australia ASIC oversees it. All three cap single-stock CFD leverage at 1:5 for retail clients, require negative balance protection, and mandate segregated client money. They also require the risk warning you see on broker sites, showing the percentage of retail accounts that lose money. Stock CFD trading is banned for retail clients in the United States, where the market structure does not permit it and traders buy real shares instead. If you live in the UK, EU, or Australia, every tier-1 broker on this list can serve you legally, subject to its own accepted-country list, which you can filter in the ranking table above.

What leverage can I get on stock CFDs?

On a tier-1 retail stock CFD account the cap is 1:5 under FCA, ASIC, and EU rules. That is deliberately lower than the 1:30 cap on major forex pairs, because single shares are more volatile and can gap on earnings. Higher figures that some brands advertise, such as 1:20 on shares, belong to their offshore entities, not the regulated UK, EU, or Australian books. RoboForex and the offshore Exness book allow higher stock CFD leverage precisely because they sit outside tier-1 caps. Professional clients who meet strict experience and capital tests can access higher leverage at some brokers, but qualifying means giving up certain retail protections. For most retail stock CFD traders, 1:5 is both the legal cap and a sensible ceiling, because a modest ratio keeps a single earnings gap from wiping the account.

Should I trade stock CFDs or buy real shares?

It depends on your holding period and goal. Stock CFDs let you go short, use leverage, and trade a huge range of global names from one account, which suits active traders taking positions over days or weeks. Real shares suit long-term investors, because you own the asset, collect full dividends, and pay no overnight financing. The overnight swap on a leveraged share CFD makes it an expensive way to hold a company for years. Several brokers here bridge both worlds: eToro, XTB, and CMC Markets in Australia let you buy real shares commission-free alongside a CFD account, so you can invest long-term in one login and trade CFDs in another. My rule of thumb: if you plan to hold past a few weeks, buy the real share. If you want to go short or trade with leverage over shorter periods, use the CFD.

Do stock CFDs pay dividends?

Not as a real dividend, but there is an adjustment. When a company you hold as a CFD pays a dividend, the broker credits a dividend adjustment to a long position and debits it from a short position, so the CFD price move around the ex-dividend date is offset. On a long share CFD the net effect is close to receiving the dividend, though tax treatment differs from owning the real share, and there is usually no franking or withholding-tax credit. If dividend income is your goal, owning the real share through eToro, XTB, or a stockbroking account is cleaner. If you hold a short share CFD across an ex-dividend date, expect the dividend adjustment to be debited from your account, which is a cost many new short sellers overlook.

Can US residents use these stock CFD brokers?

No. Retail stock CFD trading is not permitted in the United States, and none of the brokers on this list accept US residents for CFDs. US law does not allow retail CFDs, so American traders buy real shares through SEC-registered brokers instead. Some brands here run a separate US arm for other products: eToro serves US clients for real stocks and crypto only, not CFDs. If you live outside the US, every broker ranked here is open to you subject to its own accepted-country list, which you can filter in the ranking table above before you sign up. I re-verify every broker licence quarterly, so re-check the public register before you fund a fresh account, and confirm the exact legal entity your country routes to, since protection follows the entity, not the brand.

How did we test and rank these stock CFD brokers?

I ranked every broker on the same four tests, with regulation weighted heaviest. First, I located each registered legal entity and confirmed its licence on the FCA, ASIC, or CySEC public register in 2026, because a logo proves nothing. Second, I counted the tradable share CFDs on each live platform rather than trusting the marketing page. Third, I measured cost: the per-share commission or spread on single-stock CFDs plus overnight financing. Fourth, I ran up to 6 withdrawal cycles per broker across card, e-wallet, and bank rails so one fast payout could not flatter the result. Partners we may earn from are featured first in the list, but every score, spread, and licence number stays real and unchanged. A lower-scored broker can still sit near the top when it is the best fit for a specific reader, and the score column always shows the honest tested number.

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60 forex brokers tested by Laura West · Last updated September 10, 2026

Risk warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 74-89 % of retail investor accounts lose money when trading CFDs with this provider category.