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Best CFD brokers in Myanmar (Burma) in 2023

XTB Logo
1st place
XTB
Visit broker
76% of retail CFD accounts lose money
Capital.com Logo
2nd place
Capital.com
Visit broker
87.41% of retail CFD accounts lose money
ActivTrades Logo
3rd place
ActivTrades
Visit broker
73-85% of retail CFD accounts lose money

Top 5 CFD brokers in Myanmar (Burma) in 2023


  1. XTB is the best CFD broker in Myanmar (Burma) in 2023. - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  2. Capital.com - Low forex CFD fees and commission-free real stocks. Great account opening experience. Excellent email and chat support.
  3. ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  4. MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
  5. AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.

How did BrokerChooser select the best CFD brokers?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fee, commission),
  • Specifically compared CFD fees,
  • Checked minimum deposit requirements,
  • Looked at the range of CFDs available,
  • Opened an account and tested the platform (charting, features, usability) with real money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology. Let's jump straight to the results.

Best CFD brokers
Key features of the best CFD brokers

While many online CFD brokers and trading platforms offer an excellent service, the ones in our toplist go the extra mile.

Best CFD brokers key data compiled for December 2022
Broker Negative balance protection Minimum deposit Account activated in Leverage can be set manually Credit/debit card deposit
XTB Yes $0 1 day No Yes
Capital.com Yes $20 1 day Yes Yes
ActivTrades Yes $500 1 day Yes Yes
MultiBank Yes $50 1 day No Yes
AvaTrade Yes $100 1 day No Yes

Best CFD brokers
Trading fees at the best CFD brokers

How much you have to pay for a trade in spreads, commissions and other trading costs is a key broker selection criteria. We calculated a benchmark fee for the most important CFD trading costs, which you can see in the table below. This is the total of how much you have to pay in spreads, commissions and other costs for a trade in each asset class.

Fees at the top CFD brokers in December 2022
S&P 500 index CFD fee Europe 50 index CFD fee Apple CFD fee Vodafone CFD fee EURUSD spread GBPUSD spread
XTB $4.0 $3.3 $10.1 $10.6 0.9 1.5
Capital.com $2.5 $6.0 $2.3 $4.2 0.6 1.3
ActivTrades $2.4 $1.4 $4.5 $6.7 0.5 0.8
MultiBank $1.5 $1.9 $1.5 $2.6 0.1 0.3
AvaTrade $2.6 $2.0 $6.6 $8.3 0.9 1.5

All spreads, commissions and financing rate for opening a position, holding it for a week, and closing.

If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.

Best CFD brokers
Non-trading fees at the top CFD brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Account fee Inactivity fee Withdrawal fee Deposit fee
XTB No Yes $0 $0
Capital.com No No $0 $0
ActivTrades No Yes $0 $0
MultiBank No Yes $0 $0
AvaTrade No Yes $0 $0
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Best CFD brokers
Product selection at the top CFD brokers

Check out what types of CFDs you can trade at the best CFD brokers and CFD trading platforms.

Stock index CFD Stock CFD Commodity CFD Bond CFD Crypto
XTB Yes Yes Yes No Yes
Capital.com Yes Yes Yes No Yes
ActivTrades Yes Yes Yes Yes Yes
MultiBank Yes Yes Yes No Yes
AvaTrade Yes Yes Yes Yes Yes

Best CFD brokers
What is CFD trading?

CFDs, short for Contracts for Difference, are derivative products used to speculate on the price movements of a wide range of underlying assets. A CFD is a contract between two parties under which the seller pays the buyer the difference between the current value of an asset and its value at the time the contract is due.

When trading CFDs, you speculate on whether the price of a financial asset (i.e. stock, bond, commodity, etc.) will go up or down, without actually buying the asset itself. Instead of buying a Vodafone stock, at a CFD broker you will bet on the direction you think the Vodafone stock will go. If your bet is right, you will make profit on your CFD trade.

CFDs are leveraged products meaning that you trade with your own money and the money you borrow from your broker. This makes CFD trading extremely risky and not suitable for beginners. A very high percentage of retail traders lose money when trading CFDs.

CFD trading is illegal in the U.S. However, if you open an account at a European broker, you will be able to trade CFDs on U.S. assets.

To better understand CFDs and the risk involved, read this article on CFD trading tips compiled by our team of experts.

And now, let's see the top CFD brokers in detail one by one, starting with the winner, XTB.

XTB Logo

#1 Best CFD broker
XTB

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Visit broker
76% of retail CFD accounts lose money

XTB snapshot
Minimum deposit $0
Mobile app score 4.4 stars
Deposit methods Bank transfer, Credit/debit cards, Paysafe, Skrill
Withdrawal methods Bank transfer
Read review For a detailed analysis of XTB services, check out our review for 2023
Capital.com Logo

#2 Best CFD broker
Capital.com

Recommended for investors and cfd traders looking for a great trading platform and excellent customer service

Visit broker
87.41% of retail CFD accounts lose money

Capital.com snapshot
Minimum deposit $20
Mobile app score 4.9 stars
Deposit methods Bank transfer, Credit/debit cards, Apple Pay, PayPal
Withdrawal methods Bank transfer, Credit/debit cards, Apple Pay, PayPal
Read review For a detailed analysis of Capital.com services, check out our review for 2023
ActivTrades Logo

#3 Best CFD broker
ActivTrades

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions

Visit broker
73-85% of retail CFD accounts lose money

ActivTrades snapshot
Minimum deposit $500
Mobile app score 3.9 stars
Deposit methods Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Sofort
Withdrawal methods Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Sofort
Read review For a detailed analysis of ActivTrades services, check out our review for 2023
MultiBank Logo

#4 Best CFD broker
MultiBank

Recommended for forex and cfd traders familiar with the metatrader trading platform

Visit broker
74-89% of retail CFD accounts lose money

MultiBank snapshot
Minimum deposit $50
Mobile app score 3.8 stars
Deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller, UnionPay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, ThunderexPay, Poli, Pagsmile, Plus Wallets, Globepay, Gcash
Withdrawal methods Bank transfer, Credit/debit cards, Skrill, Neteller, UnionPay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, ThunderexPay, Poli, Pagsmile, Plus Wallets, Globepay, Gcash
Read review For a detailed analysis of MultiBank services, check out our review for 2023
AvaTrade Logo

#5 Best CFD broker
AvaTrade

Recommended for forex and cfd traders looking for an option to use metatrader platforms

Visit broker
71% of retail CFD accounts lose money

AvaTrade snapshot
Minimum deposit $100
Mobile app score 4.7 stars
Deposit methods Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money
Withdrawal methods Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money
Read review For a detailed analysis of AvaTrade services, check out our review for 2023

Best CFD brokers
FAQ

Can CFD trading be profitable?

Yes, CFD trading can be profitable and investors may make handsome prfofits when trading these products. Nevertheless, CFDs are very risky instruments, especially because they are leveraged products. Leverage refers to the loan extended by the broker, which allows you to invest a much larger amount of money. Close to three quarter of retail trading accounts lose money when trading CFDs. CFDs are by no means a guarantee for getting rich overnight.

Are CFDs good for beginners?

CFDs are not complicated financial instruments, so in this sense they are good for beginners. At the same time, CFDs are also very risky because they are leveraged products. Leverage in this case means that you trade with your own money and the funds your broker lends you. While you can open much larger positions this way, potentially locking in heftier profits, you also stand to lose a lot. CFDs are widely used by experienced traders with a deep undertsanding of financial markets and investment strategies. If you are an absolute beginner, it makes sense to open very small positions and doing a lot of research. Data shows that around three quarters of retail trading accounts lose money when trading CFDs.

Which broker is best for CFD trading?

These are the top CFD brokers in the world in 2023:

  1. XTB - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  2. eToro - Free stock and ETF trading. Seamless account opening. Social trading.
  3. Capital.com - Low forex CFD fees and commission-free real stocks. Great account opening experience. Excellent email and chat support.
  4. ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  5. CMC Markets - Low forex fees. Great web and mobile platforms. Advanced research and educational tools.

Want to understand CFD trading in more detail?

Check out these articles written by our broker and trading experts:

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Visit XTB
76% of retail CFD accounts lose money
Visit Capital.com
87.41% of retail CFD accounts lose money
Visit ActivTrades
73-85% of retail CFD accounts lose money
Visit MultiBank
74-89% of retail CFD accounts lose money
Visit AvaTrade
71% of retail CFD accounts lose money

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