
To help you find the best CFD broker in Haiti for 2021, we went ahead and did the research for you. First, we selected 81 quality online brokers, then we checked and compared their CFD fees, product selection, deposit and withdrawal options, trading platforms and more. We dug deep so you don't have to. 5 brokers made it to the top in Haiti. We strongly recommend all 5 to you. And now, without further ado...
Our top 5 picks for the best CFD brokers of 2021 for citizens in Haiti:
- XTB is the best CFD broker in Haiti in 2021. Low forex fees. Free and fast deposit and withdrawal. Easy and fast account opening.
- ActivTrades takes the second place. Low trading fees. Free deposit and withdrawal. Good customer support and education services.
- AvaTrade rounds out the top three. Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- XM, is ranked fourth. Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
- HYCM. Just made it to the list by moving to the fifth spot. Low forex and CFD fees. Great educational content. User-friendly account opening.
Broker | CFD fee score | CFD product selection score | |
---|---|---|---|
#1 | XTB | 3.5 stars | 4.3 stars |
#2 | ActivTrades | 4.7 stars | 3.7 stars |
#3 | AvaTrade | 4.5 stars | 3.7 stars |
#4 | XM | 4.1 stars | 3.3 stars |
#5 | HYCM | 4.7 stars | 3.7 stars |
What makes a good CFD broker? First of all, fair fees. They should provide access to lots of products as well as easy account opening and depositing. Having a great trading platform is also a strong plus for a good CFD broker.
Easy to list, but hard to figure out. We are testing brokers based on more than 300 criteria with real accounts and real money. We know what's going on. You can find the details of all the ranking criteria in our methodology.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take that kind of risks. If you don't have a clue what a CFD is, you should start by reading more about CFD trading.
Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. Just enter the name of your country and you will see only the relevant brokers. Want more details? Compare brokers with this in-depth comparison table.
And now, let's see the best CFD brokers for Haitian citizens in 2021 one by one. Starting with the winner, XTB.
XTB is a global CFD and forex broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to disclose its financials.
XTB is considered safe because it has a long track record, is listed on a stock exchange, and publishes its financial statements transparently.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
Pros | Cons |
---|---|
• Low forex fees | • High fees for stock CFDs |
• Free and fast deposit and withdrawal | • Product portfolio limited mostly to CFDs and FX |
• Easy and fast account opening | • Limited fundamental data |
#1 XTB
Fees
XTB has low forex fees and there is no withdrawal fee for most transfers. On the other hand, stock CFD fees are high, and XTB also charges an inactivity fee.
Pros | Cons |
---|---|
• Low forex fees | • High stock CFD fees |
• Free withdrawal for transfers above $100 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
S&P 500 index CFD fee | $1.5 | $0.9 | $1.1 | $1.7 | $1.0 |
Europe 50 index CFD fee | $1.8 | $0.7 | $0.8 | $2.4 | $0.9 |
Apple CFD | $8.2 | $1.2 | $3.3 | $2.6 | $1.8 |
Vodafone CFD | $9.9 | $2.3 | $1.8 | $0.0 | - |
EURUSD benchmark fee | $8.5 | $7.9 | $10.3 | $9.5 | $7.1 |
GBPUSD benchmark fee | $6.1 | $5.7 | $9.2 | $8.2 | $8.2 |
All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Account fee | No | No | No | No | No |
Inactivity fee | Yes | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#1 XTB
Markets and products
XTB's default product selection includes only CFDs, forex and crypto. Some European clients can also trade real stocks and ETFs. Popular asset classes like bonds, mutual funds, options and futures are not available.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Currency pairs (#) | 49 | 48 | 55 | 57 | 70 |
Stock index CFDs (#) | 42 | 27 | 19 | 28 | 28 |
Stock CFDs (#) | 1,800 | 660 | 620 | 1,240 | 65 |
ETF CFDs (#) | 114 | 500 | 41 | - | 20 |
Commodity CFDs (#) | 22 | 15 | 17 | 15 | 17 |
Bond CFDs (#) | - | 5 | 2 | - | - |
Cryptos (#) | 25 | - | 13 | - | 64 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Stock | Yes | No | No | Yes | No |
ETF | Yes | No | No | No | No |
Forex | Yes | Yes | Yes | Yes | Yes |
Fund | No | No | No | No | No |
Bond | No | No | No | No | No |
Options | No | No | No | No | No |
Futures | No | No | No | No | No |
Crypto | Yes | No | Yes | No | Yes |
#1 XTB
Account opening
XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
Pros | Cons |
---|---|
• Fast | None |
• Fully digital | |
• No minimum deposit |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Minimum deposit | $0 | $1,000 | $100 | $5 | $100 |
Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
#1 XTB
Deposit and withdrawal
XTB deposits and withdrawals are fast, mostly free, and can be done via several channels.
Pros | Cons |
---|---|
• Credit/Debit card available | • Few minor account currencies accepted |
• Free withdrawal | |
• No deposit fee |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes | Yes |
Credit/debit card | No | Yes | Yes | Yes | Yes |
Electronic wallets | No | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#1 XTB
Web trading platform
XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, two-step login is not available.
Pros | Cons |
---|---|
• User-friendly | • No two-step (safer) login |
• Clear fee report | |
• Good search function |

XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
Mobile platform score | 4.4 stars | 4.3 stars | 4.7 stars | 3.8 stars | 3.8 stars |
Desktop platform score | 4.4 stars | 3.4 stars | 3.4 stars | 3.4 stars | 3.4 stars |
Can you set leverage manually? | No | Yes | No | No | No |
#1 XTB
Verdict
XTB is a great CFD and forex broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange.
On the plus side, its forex fees are low, and the deposit and withdrawal process is fast and mostly free. We also liked the seamless and hassle-free account opening process.
XTB has some drawbacks, though. Stock CFD fees are high. The product range is mainly limited to FX and CFDs, although real stock and ETF trading are available in some European countries. Fundamental data offered by XTB covers only a few basics such as P/E.
We recommend XTB for clients who prefer forex or CFD trading, and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.
XTB | |
---|---|
Summary | XTB is a global CFD and forex broker, listed on the Warsaw Stock Exchange and regulated by financial authorities including the UK FCA, Poland's KNF, and Cyprus's CySec. |
Fees score | 3.9 stars |
Recommended for | Forex and CFD traders looking for low fees and great deposit/withdrawal service |
ActivTrades is a global forex broker founded in 2001. It is regulated by the UK's Financial Conduct Authority (FCA) and the Securities Commission of the Bahamas (SCB).
ActivTrades is considered safe because it has a long track record and it is regulated by a top-tier financial authority, the FCA.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
Pros | Cons |
---|---|
• Low trading fees | • Slim product portfolio |
• Free deposit and withdrawal | • Basic research tools |
• Good customer support and education services | • High minimum deposit |
#2 ActivTrades
Fees
ActivTrades has low trading fees and average non-trading fees. It's great that the broker charges no deposit and withdrawal fees in most cases.
Pros | Cons |
---|---|
• Low trading fees | • Inactivity fee |
• No withdrawal fee |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
S&P 500 index CFD fee | $1.5 | $0.9 | $1.1 | $1.7 | $1.0 |
Europe 50 index CFD fee | $1.8 | $0.7 | $0.8 | $2.4 | $0.9 |
Apple CFD | $8.2 | $1.2 | $3.3 | $2.6 | $1.8 |
Vodafone CFD | $9.9 | $2.3 | $1.8 | $0.0 | - |
EURUSD benchmark fee | $8.5 | $7.9 | $10.3 | $9.5 | $7.1 |
GBPUSD benchmark fee | $6.1 | $5.7 | $9.2 | $8.2 | $8.2 |
All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Account fee | No | No | No | No | No |
Inactivity fee | Yes | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#2 ActivTrades
Markets and products
At ActivTrades you can only trade forex and other CFDs. Popular asset classes, such as real stocks, bonds, mutual funds and options are not available.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Currency pairs (#) | 49 | 48 | 55 | 57 | 70 |
Stock index CFDs (#) | 42 | 27 | 19 | 28 | 28 |
Stock CFDs (#) | 1,800 | 660 | 620 | 1,240 | 65 |
ETF CFDs (#) | 114 | 500 | 41 | - | 20 |
Commodity CFDs (#) | 22 | 15 | 17 | 15 | 17 |
Bond CFDs (#) | - | 5 | 2 | - | - |
Cryptos (#) | 25 | - | 13 | - | 64 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Stock | Yes | No | No | Yes | No |
ETF | Yes | No | No | No | No |
Forex | Yes | Yes | Yes | Yes | Yes |
Fund | No | No | No | No | No |
Bond | No | No | No | No | No |
Options | No | No | No | No | No |
Futures | No | No | No | No | No |
Crypto | Yes | No | Yes | No | Yes |
#2 ActivTrades
Account opening
Account opening at ActivTrades is seamless and fully digital. The whole process took less, than five minutes. Our account was verified within one business day. On the downside, the minimum deposit is high.
Pros | Cons |
---|---|
• Fast | • Minimum deposit is $1,000 |
• Fully digital | |
• User-friendly |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Minimum deposit | $0 | $1,000 | $100 | $5 | $100 |
Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
#2 ActivTrades
Deposit and withdrawal
ActivTrades offers free deposit and withdrawal options, including traditional methods such as bank transfer and credit card, as well as various e-wallets. On the other hand, minor currencies are not accepted.
Pros | Cons |
---|---|
• Credit/Debit card available | • Minor account currencies not available |
• Free withdrawal | |
• No deposit fee |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes | Yes |
Credit/debit card | No | Yes | Yes | Yes | Yes |
Electronic wallets | No | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#2 ActivTrades
Web trading platform
ActivTrades has its own web trading platform called ActivTrader. It's highly customizable, available in several languages and has a clear fee report. On the flip side, the platform lacks a two-step login and price alerts.
Pros | Cons |
---|---|
• User-friendly | • No two-step (safer) login |
• Clear fee report | |
• Good search function |

XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
Mobile platform score | 4.4 stars | 4.3 stars | 4.7 stars | 3.8 stars | 3.8 stars |
Desktop platform score | 4.4 stars | 3.4 stars | 3.4 stars | 3.4 stars | 3.4 stars |
Can you set leverage manually? | No | Yes | No | No | No |
#2 ActivTrades
Verdict
All in all, ActivTrades is a good CFD/forex broker.
ActivTrades has low trading fees, while deposits and withdrawals are free. Customer support is great and it has excellent education tools, including webinars and market analysis.
On the downside, its product portfolio is limited to just a few products, as it offers mainly CFDs and forex instruments. The research tools are basic, and there are no trading ideas or fundamental data. The minimum deposit is high, at $/€/£/CHF 1,000, depending on the currency of your account.
As the trading fees are low and your account will be ready quickly, feel free to try ActivTrades.
ActivTrades | |
---|---|
Summary | ActivTrades is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients. |
Fees score | 4.4 stars |
Recommended for | Forex and CFD traders looking for low fees and great deposit/withdrawal conditions |
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AvaTrade is a global CFD and forex broker founded in 2006. It is regulated by several financial authorities, such as the Central Bank of Ireland.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders looking for an option to use metatrader platforms
Pros | Cons |
---|---|
• Easy and fast account opening | • Only CFDs, forex, and cryptos offered |
• Free deposit and withdrawal options | • High inactivity fees |
• Great research tools | • Average forex fees |
#3 AvaTrade
Fees
AvaTrade has low CFD and average forex fees. Withdrawals are free of charge, but inactivity fees are quite high.
Pros | Cons |
---|---|
• No withdrawal fee | • High inactivity fees |
• Low CFD fees | • FX trading fees are average |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
S&P 500 index CFD fee | $1.5 | $0.9 | $1.1 | $1.7 | $1.0 |
Europe 50 index CFD fee | $1.8 | $0.7 | $0.8 | $2.4 | $0.9 |
Apple CFD | $8.2 | $1.2 | $3.3 | $2.6 | $1.8 |
Vodafone CFD | $9.9 | $2.3 | $1.8 | $0.0 | - |
EURUSD benchmark fee | $8.5 | $7.9 | $10.3 | $9.5 | $7.1 |
GBPUSD benchmark fee | $6.1 | $5.7 | $9.2 | $8.2 | $8.2 |
All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Account fee | No | No | No | No | No |
Inactivity fee | Yes | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#3 AvaTrade
Markets and products
AvaTrade offers only forex and CFDs, such as stock, index, forex and commodity CFDs. It doesn't offer other popular asset classes such as real stocks, bonds or mutual funds.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Currency pairs (#) | 49 | 48 | 55 | 57 | 70 |
Stock index CFDs (#) | 42 | 27 | 19 | 28 | 28 |
Stock CFDs (#) | 1,800 | 660 | 620 | 1,240 | 65 |
ETF CFDs (#) | 114 | 500 | 41 | - | 20 |
Commodity CFDs (#) | 22 | 15 | 17 | 15 | 17 |
Bond CFDs (#) | - | 5 | 2 | - | - |
Cryptos (#) | 25 | - | 13 | - | 64 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Stock | Yes | No | No | Yes | No |
ETF | Yes | No | No | No | No |
Forex | Yes | Yes | Yes | Yes | Yes |
Fund | No | No | No | No | No |
Bond | No | No | No | No | No |
Options | No | No | No | No | No |
Futures | No | No | No | No | No |
Crypto | Yes | No | Yes | No | Yes |
#3 AvaTrade
Account opening
Account opening at AvaTrade is seamless and fully digital. You can start trading literally in minutes.
Pros | Cons |
---|---|
• Fast | None |
• Fully digital | |
• Low minimum deposit |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Minimum deposit | $0 | $1,000 | $100 | $5 | $100 |
Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
#3 AvaTrade
Deposit and withdrawal
AvaTrade offers several free options for deposit and withdrawal. On the negative side, withdrawal took us 3 business days, and debit card deposits can also be slow.
Pros | Cons |
---|---|
• Free withdrawal | • Slow withdrawal - over 3 days |
• No deposit fee | |
• Credit/Debit cards, electronic wallets |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes | Yes |
Credit/debit card | No | Yes | Yes | Yes | Yes |
Electronic wallets | No | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#3 AvaTrade
Web trading platform
AvaTrade's web platform is user-friendly, well-designed, and has a unique order type to protect you from losses. However, it lacks customizability, two-step login and price alerts.
Pros | Cons |
---|---|
• User-friendly | • No two-step (safer) login |
• Good search function | • Limited customizability (for charts, workspace) |
• AvaProtect order type | • No price alerts |

XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
Mobile platform score | 4.4 stars | 4.3 stars | 4.7 stars | 3.8 stars | 3.8 stars |
Desktop platform score | 4.4 stars | 3.4 stars | 3.4 stars | 3.4 stars | 3.4 stars |
Can you set leverage manually? | No | Yes | No | No | No |
#3 AvaTrade
Verdict
AvaTrade is regulated by several authorities globally, including the top-tier Central Bank of Ireland and the Australian Securities and Investments Commission (ASIC), therefore it is considered safe.
We liked the seamless and hassle-free account opening. You can use a lot of deposit and withdrawal options, all free of charge. We also liked that you can use many user-friendly tools for research.
AvaTrade has some drawbacks though. The product range is limited to forex, CFDs, and cryptos, and there is a high fee charged for inactivity. Lastly, there are better alternatives if forex trading fees are your main concern.
As there is only a small minimum deposit, and your account will be ready for trading quickly, feel free to try AvaTrade.
AvaTrade | |
---|---|
Summary | AvaTrade is a global forex and CFD broker. It is regulated by several financial authorities globally, including the Central Bank of Ireland and Australia's ASIC. |
Fees score | 3.4 stars |
Recommended for | Forex and CFD traders looking for an option to use MetaTrader platforms |
XM is an online broker whose parent company is Trading Point Holding, a global CFD and FX broker founded in 2009.
XM is available globally and is regulated by three financial authorities: the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the International Financial Services Commission of Belize (IFSC).
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.04% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders who prefer metatrader platforms and seek great account opening
Pros | Cons |
---|---|
• Low stock CFD and withdrawal fees | • Limited product portfolio |
• Easy and fast account opening | • Average forex and stock index CFD fees |
• Great educational tools | • No investor protection for non-EU clients |
#4 XM
Fees
XM has low trading fees for CFDs and charges no withdrawal fee. On the other hand, forex and stock index fees are only average, and there is a fee for inactivity.
Pros | Cons |
---|---|
• No withdrawal fee | • Inactivity fee |
• Low stock CFD fees | • Average FX fees |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
S&P 500 index CFD fee | $1.5 | $0.9 | $1.1 | $1.7 | $1.0 |
Europe 50 index CFD fee | $1.8 | $0.7 | $0.8 | $2.4 | $0.9 |
Apple CFD | $8.2 | $1.2 | $3.3 | $2.6 | $1.8 |
Vodafone CFD | $9.9 | $2.3 | $1.8 | $0.0 | - |
EURUSD benchmark fee | $8.5 | $7.9 | $10.3 | $9.5 | $7.1 |
GBPUSD benchmark fee | $6.1 | $5.7 | $9.2 | $8.2 | $8.2 |
All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Account fee | No | No | No | No | No |
Inactivity fee | Yes | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#4 XM
Markets and products
XM provides CFDs and forex for all clients, while real stocks are available only for clients opening their accounts under the IFSC-regulated entity. Popular asset classes, like real ETFs, bonds or options are missing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Currency pairs (#) | 49 | 48 | 55 | 57 | 70 |
Stock index CFDs (#) | 42 | 27 | 19 | 28 | 28 |
Stock CFDs (#) | 1,800 | 660 | 620 | 1,240 | 65 |
ETF CFDs (#) | 114 | 500 | 41 | - | 20 |
Commodity CFDs (#) | 22 | 15 | 17 | 15 | 17 |
Bond CFDs (#) | - | 5 | 2 | - | - |
Cryptos (#) | 25 | - | 13 | - | 64 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Stock | Yes | No | No | Yes | No |
ETF | Yes | No | No | No | No |
Forex | Yes | Yes | Yes | Yes | Yes |
Fund | No | No | No | No | No |
Bond | No | No | No | No | No |
Options | No | No | No | No | No |
Futures | No | No | No | No | No |
Crypto | Yes | No | Yes | No | Yes |
#4 XM
Account opening
XM account opening is hassle-free and straightforward. You may be able to trade on your account already on the same day.
Pros | Cons |
---|---|
• Fast | None |
• Fully digital | |
• Low minimum deposit |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Minimum deposit | $0 | $1,000 | $100 | $5 | $100 |
Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
#4 XM
Deposit and withdrawal
XM's deposit and withdrawal processes are fast and inexpensive, and offer you several options.
Pros | Cons |
---|---|
• Credit/Debit card available | None |
• Several account base currencies | |
• Free wire withdrawal above $200 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes | Yes |
Credit/debit card | No | Yes | Yes | Yes | Yes |
Electronic wallets | No | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#4 XM
Web trading platform
XM's web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, the platform lacks price alerts and the design is outdated.
Pros | Cons |
---|---|
• Clear fee report | • No two-step (safer) login |
• Good customizability (for charts, workspace) | • No price alerts |
• Order confirmation | • Poor design |

XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
Mobile platform score | 4.4 stars | 4.3 stars | 4.7 stars | 3.8 stars | 3.8 stars |
Desktop platform score | 4.4 stars | 3.4 stars | 3.4 stars | 3.4 stars | 3.4 stars |
Can you set leverage manually? | No | Yes | No | No | No |
#4 XM
Verdict
XM is regulated by several authorities globally, including the top-tier ASIC.
On the plus side, we liked the low stock CFD and withdrawal fees. The account opening process is seamless and hassle-free. There is a wide range of educational tools of great quality.
XM has some drawbacks though. Its product range is limited to FX and CFDs. Its forex and stock index CFD fees are average, and non-EU customers are not covered by any investor protection.
We recommend XM for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.
XM | |
---|---|
Summary | XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC. |
Fees score | 3.8 stars |
Recommended for | Forex and CFD traders who prefer MetaTrader platforms and seek great account opening |
HYCM or Henyep Markets is a global CFD and forex broker. HYCM's parent company, Henyep was established in 1977. The broker is regulated by several financial authorities globally, including the UK Financial Services Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
HYCM's UK operation is considered safe because it has a long track record and it is regulated by the top-tier FCA.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex and cfd traders who prefer the metatrader platform
Pros | Cons |
---|---|
• Low forex and CFD fees | • Only forex and CFD products |
• Great educational content | • Trading platforms have outdated design |
• User-friendly account opening | • Inactivity fee |
#5 HYCM
Fees
HYCM has low forex and CFD trading fees. It's also great that the broker charges no deposit and withdrawal fees in most cases. On the negative side, there is a quite high inactivity fee.
Pros | Cons |
---|---|
• Low forex fees | • Inactivity fee |
• Low CFD fees |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
S&P 500 index CFD fee | $1.5 | $0.9 | $1.1 | $1.7 | $1.0 |
Europe 50 index CFD fee | $1.8 | $0.7 | $0.8 | $2.4 | $0.9 |
Apple CFD | $8.2 | $1.2 | $3.3 | $2.6 | $1.8 |
Vodafone CFD | $9.9 | $2.3 | $1.8 | $0.0 | - |
EURUSD benchmark fee | $8.5 | $7.9 | $10.3 | $9.5 | $7.1 |
GBPUSD benchmark fee | $6.1 | $5.7 | $9.2 | $8.2 | $8.2 |
All spreads, commissions and financing rate for opening a position, holding for a week, and closing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Account fee | No | No | No | No | No |
Inactivity fee | Yes | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#5 HYCM
Markets and products
At HYCM you can only trade with forex and other CFDs (commodities, stock indices, futures, and share CFDs). Popular asset classes, such as real stocks, bonds, mutual funds and options are missing.
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Currency pairs (#) | 49 | 48 | 55 | 57 | 70 |
Stock index CFDs (#) | 42 | 27 | 19 | 28 | 28 |
Stock CFDs (#) | 1,800 | 660 | 620 | 1,240 | 65 |
ETF CFDs (#) | 114 | 500 | 41 | - | 20 |
Commodity CFDs (#) | 22 | 15 | 17 | 15 | 17 |
Bond CFDs (#) | - | 5 | 2 | - | - |
Cryptos (#) | 25 | - | 13 | - | 64 |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Stock | Yes | No | No | Yes | No |
ETF | Yes | No | No | No | No |
Forex | Yes | Yes | Yes | Yes | Yes |
Fund | No | No | No | No | No |
Bond | No | No | No | No | No |
Options | No | No | No | No | No |
Futures | No | No | No | No | No |
Crypto | Yes | No | Yes | No | Yes |
#5 HYCM
Account opening
The account opening at HYCM is seamless and fully digital. Our account was verified within one business day. The minimum deposit is also low: $100 for Classic and Fixed accounts and $200 for Raw accounts.
Pros | Cons |
---|---|
• Fast | None |
• Fully digital | |
• Low minimum deposit |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Minimum deposit | $0 | $1,000 | $100 | $5 | $100 |
Time to open account | 1 day | 1 day | 1 day | 1 day | 1 day |
#5 HYCM
Deposit and withdrawal
HYCM offers free and fast deposit and withdrawal options, including traditional methods such as bank transfer and credit card funding as well as various e-wallets. On the other hand, the number of available account currencies lags behind some of HYCM's competitors.
Pros | Cons |
---|---|
• Credit/Debit card available | • Average account currency selection |
• Free withdrawal | |
• No deposit fee |
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes | Yes |
Credit/debit card | No | Yes | Yes | Yes | Yes |
Electronic wallets | No | Yes | Yes | Yes | Yes |
Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
#5 HYCM
Web trading platform
HYCM's web trading platform is provided by MetaTrader. It is highly customizable, available in many languages and has a clear fee report. On the other hand, the platform lacks a two-step login or price alerts and its design is outdated.
Pros | Cons |
---|---|
• Clear fee report | • No two-step (safer) login |
• Good customizability (for charts, workspace) | • No price alerts |
• Order confirmation | • Poor design |

XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
Mobile platform score | 4.4 stars | 4.3 stars | 4.7 stars | 3.8 stars | 3.8 stars |
Desktop platform score | 4.4 stars | 3.4 stars | 3.4 stars | 3.4 stars | 3.4 stars |
Can you set leverage manually? | No | Yes | No | No | No |
#5 HYCM
Verdict
HYCM is a forex and CFD broker regulated by several authorities globally, including the top-tier FCA.
On the plus side, HYCM has low forex and CFD fees. The education section, especially the webinars are more informative and enjoyable than what some other brokers offer. The account opening is seamless and there are a lot of free deposit & withdrawal options.
On the flip side, the product portfolio at HYCM is limited as the broker only offers forex and CFDs. In our view, the MetaTrader platforms that the broker uses have an outdated design. HYCM charges an inactivity fee: $10 per month after only 90 days of inactivity.
We recommend HYCM for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.
HYCM | |
---|---|
Summary | HYCM is a global forex and CFD broker regulated by many financial authorities globally, including the top-tier FCA. |
Fees score | 4.1 stars |
Recommended for | Forex and CFD traders who prefer the MetaTrader platform |
Best CFD brokers
What makes a good CFD broker?
Trading with CFDs became widely popular over the past decade. Keeping your eyes on important criteria like CFD fees or the number of CFDs offered can help find the best CFD broker for you.
In 2021, we ranked CFD brokers based on more than 300 criteria. We list below only the five most important criteria to make sure you don't get overwhelmed.
1. Fee structure: | The overall cost of a typical CFD trade can be 10-15 times higher at one CFD broker than at another. So it’s worth checking their fees. |
2. Products and markets: | You want to trade with Amazon or Bitcoin CFDs? They might not be available. Check the product coverage before opening an account. |
3. Account opening: | Some brokers require a minimum deposit, while others don't. Check what the conditions are at the best CFD brokers. |
4. Deposit and withdrawal: | Transferring money to your account can be 5 times slower and more expensive from one CFD broker to another. |
5. Web trading platform: | A user-friendly and well-equipped trading platform can significantly increase your comfort. |
Best CFD brokers
CFD broker fees
Fees, fees and fees. We bet fees are always on your mind when you’re looking for the best CFD broker. Let's see how we compared the fees of the various CFD brokers.
It is not easy to compare CFD broker fees, but we are here to help. There are two categories: trading-related fees and non-trading fees.
Trading-related fees
As to trading-related fees, brokers can charge commissions, spreads and overnight fees. To make your life easier we calculated all fees based on real-life scenarios so you can make a simple comparison. We looked at the following products:
- Stock index - S&P 500 index CFD and Europe 50 index CFD
- Stock - Apple CFD and Vodafone CFD
- Forex - EURUSD and GBPUSD
Our assumptions included opening a position, holding it for a week, and then closing it. We calculated with the following positions: $2,000 for stock index and stock CFDs and a $20,000 forex position. These real-life assumptions make CFD fees comparable.
Best CFD brokers
CFD brokers explained
CFDs are derivatives, where you can make bets on the price movement of a wide range of products. However, it is a leveraged product, which means that it is quite risky.
CFDs are derivatives: you bet on price movements
With CFDs, you can bet on whether the price of an asset will go up or down, without buying the underlying asset. Let's say you want to profit from the Microsoft stock price going up. At an online stockbroker, you would simply buy the Microsoft stock. In comparison, at a CFD broker you can instead bet directly on the stock price going up. However, CFDs are much like knives: they can be very useful, but if you have no idea how to use them, you can easily hurt yourself.
CFDs are an easy way to reach a lot of markets with leverage
Why would this be interesting for you? Well, CFDs have three big advantages:
- 1. You can make bets on all kinds of products. If you want to trade with Turkish stocks, you can do so via CFDs, which might not be possible with an online stockbroker. It is easier for a broker to provide a CFD than to have access to the Turkish stock exchange.
- 2. The second advantage is leverage. The potential return on your bet will be much bigger than with owning the actual stock. But this certainly carries greater risks, so you should fully understand leverage before you invest.
- 3. Lastly, CFDs are an easy way to have short positions. This is indeed a big plus.
To better understand these advantages, educate yourself by reading our CFD trading tips.
Not owning the underlying asset exposes you to additional risks
If you do not own the stock (or any other underlying asset), you are running a whole different kind of risk, which you need to understand before trading CFDs.
Let's say Bob owns Siemens stock, while Janet has an open long Siemens CFD position, both of them with “Bust Brokers.” The worst happens, and Bust Brokers goes bust. Bob's Siemens stock is in custody with his custody service provider. This means that sooner or later he will be able to access it again. However, Janet did not own any stock, only a long CFD position, therefore she will be compensated only up to the investor protection scheme of the broker’s country. In most cases, this is a maximum of €20,000.
Best CFD brokers
CFD regulations and security
The regulation of CFDs changed significantly in the last few years. One of the most significant changes were the measures European Securities and Markets Authority (ESMA) published back in 2018. Most recently the Australian regulator followed ESMA's direction and introduced similar regulations for brokers operating in Australia. These measures clearly show how regulators globally aim to protect retail investors from the dark side of the retail brokerage industry.
Based on ESMA's research, around 74-89% of investors were losing money on their CFD investments, and in many cases it was not entirely their fault. One core problem is that some dealing desks brokers made a profit when their clients lost money. If you don't know what this model looks like, this Financemagnates article clearly explains it. Another problem was the aggressive and unbridled marketing of deposit bonuses, cheap prices and messages that promised easy ways of getting rich.
The new ESMA and ASIC regulation is aimed at lowering the proportion of accounts suffering losses. Here are the measures with their explanations:
- Limiting leverage: it was not uncommon to be able to open a position with 400:1 leverage. The possible maximum leverage is now limited to 30:1 for major currency pairs. The limitation varies according to the underlying asset's volatility:
- 30:1 for major currency pairs
- 20:1 for non-major currency pairs, gold and major stock indices
- 10:1 for commodities other than gold and non-major stock indices;
- 5:1 for single stocks and any underlying not otherwise mentioned
- 2:1 for cryptocurrencies
- Margin close out on a per account basis: if an account's total margin falls below 50% of the initially required margin, brokers must close one or more of your positions.
- Negative balance protection: you cannot lose more money than you invested.
- Restrictions on marketing and incentive tools: instead of promoting CFD trading by get-rich-quick, promises, brokers have to clearly show what percentage of their customers are losing money.
To sum it up, do the stricter regulations mean that trading CFDs will become nothing but a bedtime story we tell our kids? On the one hand, retail investors are now protected from losing more than they invest. On the other, canny investors won't be able to multiply their profits by using high leverage. All in all, we think CFDs will remain popular despite the new regulations as trading becomes safer and more transparent.
You should be aware that investor protection regulation is different in every jurisdiction. You should always check the relevant rules.
Being part of a banking group or listed on an exchange should be your primary compass for finding the best CFD brokerss
It's time to discuss how to make a well-informed choice in today's changing landscape of CFD brokers. We prefer exchange-listed and/or banking licensed brokers. Why?
- Being listed on any developed exchange means additional regulations, strict and frequent audits and also the need for constant communication between shareholders and other stakeholders. No wonder that only a small portion of retail brokers decide to give up money in exchange for transparency.
- Banks are the crucial building blocks of any economy. Strict capital requirements, regulations and transparency are a must. Therefore any broker backed by a bank can be considered more reliable than the ones that aren't.
For more help on these points, check out ourcomparison table for online brokers.
Best CFD brokers
Bottom line
You've seen the details, now let's zoom out. here are once again the best CFD brokers in 2021 for citizens in Haiti:
XTB | ActivTrades | AvaTrade | XM | HYCM | |
---|---|---|---|---|---|
Overall score | 4.7 | 4.5 | 4.5 | 4.5 | 4.3 |
Fees score | 3.9 stars | 4.4 stars | 3.4 stars | 3.8 stars | 4.1 stars |
Markets and products score | 2.8 stars | 1.4 stars | 2.0 stars | 2.5 stars | 2.0 stars |
Account opening score | 5.0 stars | 3.8 stars | 5.0 stars | 5.0 stars | 5.0 stars |
Deposit and withdrawal score | 4.5 stars | 4.5 stars | 4.5 stars | 5.0 stars | 4.5 stars |
Web platform score | 4.4 stars | 3.8 stars | 3.8 stars | 2.8 stars | 2.8 stars |
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79% of retail CFD accounts lose money |
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77% of retail CFD accounts lose money |
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72% of retail CFD accounts lose money |
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78.04% of retail CFD accounts lose money |
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71% of retail CFD accounts lose money |
XTB is our winner, the best CFD broker for Haitian citizens in 2021. Low forex fees. Free and fast deposit and withdrawal. Easy and fast account opening.
All the five top brokers are great choices. However, do not forget, that CFDs are really risky. If you are experienced, pick your winner, and take the next step in your trading journey. Let us know what you think in the comments section.
Still unsure? Use the broker finder and find the best broker for you.