Intro and winners
Find below the best CFD brokers available in Peru, updated for 2023:
- XTB is the best CFD broker in Peru in 2023. - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
- Trading 212 - Real stocks and ETFs are commission-free. Quick and easy account opening. Great trading platforms.
- XM - Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
- ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
- Spreadex - Low forex fees. Good web platform. Helpful customer service.
- FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
- CMC Markets - Low forex fees. Great web and mobile platforms. Advanced research and educational tools.
Best CFD broker
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.
| Broker | Minimum deposit | Time to open account |
|---|---|---|
| XTB | $0 No minimum deposit for individual accounts but £15,000 for corporate accounts. | 1 day |
| Admirals (Admiral Markets) | $100 100 EUR/GBP/USD/CHF or 200 BGN or 1000 CZK or 750 HRK or 25000 HUF or 250 PLN/RON | 1 day |
| Capital.com | $20 $20 minimum deposit for credit/debit cards and Apple Pay, and $250 minimum required for bank transfer | 1 day |
| IG | $0 No minimum deposit for bank transfers; $300 minimum for credit/debit cards and PayPal | 1-3 days |
| Trading 212 | $1 The minimum deposit for the Invest account is 1 euro, while the CFD account requires a 10 euro deposit. | 1 day |
| XM | $5 $5 minimum deposit for standard account, $100 for Zero account | 1 day |
| ActivTrades | $0 There is no minimum deposit | 1 day |
| Spreadex | $0 No minimum deposit for bank transfer, but 10 minimum deposit for credit/debit card | 1-3 days |
| FxPro | $100 $100 minimum deposit | 1 day |
| CMC Markets | $0 No minimum deposit | 1-3 days |
Popularity of the best CFD brokers in Peru
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Best CFD broker
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. Check the spreads in the table below. In case of stock CFD, we calculate the fees for a $2,000 trade held for 1 week.
| Broker | S&P 500 CFD spread | Apple CFD fee |
|---|---|---|
| XTB | 0.6 | $10.1 |
| Admirals (Admiral Markets) | 0.4 | $4.6 |
| Capital.com | 1.1 | $2.3 |
| IG | 0.4 | $32.7 |
| Trading 212 | 1.1 | $14.2 |
| XM | 0.5 | $6.6 |
| ActivTrades | 0.2 | $4.5 |
| Spreadex | 0.6 | $20.1 |
| FxPro | 1.0 | $6.7 |
| CMC Markets | 0.6 | $22.9 |
If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.
Best CFD broker
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.
| Broker | Withdrawal fee | Inactivity fee |
|---|---|---|
| XTB | $0 Free for withdrawals above $50-$200, depending on your country of residence | €10 per month after 1 year of trading inactivity and if no deposit was made in the last 90 days |
| Admirals (Admiral Markets) | $0 One free withdrawal every month | €10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero |
| Capital.com | $0 Free withdrawal | No inactivity fee |
| IG | $0 Free for credit and debit cards; £15 for international bank transfers | $/£12/€14 per month after 2 years of inactivity |
| Trading 212 | $0 Free withdrawal | No inactivity fee |
| XM | $0 Free withdrawal. The only exception is the bank wire transfer below $200. | $15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive |
| ActivTrades | $0 Free, but withdrawals via bank transfer in USD carry a charge of $12.50 at UK/EEA entity. At Bahamas entity, all bank transfer withdrawals carry a £9 fee. | If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged |
| Spreadex | $0 Free, but the maximum withdrawal amount onto a card is £25,000, apart from Mastercard which is £2500, at any one time, although you are able to make multiple withdrawals in one day. | No inactivity fee |
| FxPro | $0 Free withdrawal | $15 one-off account maintenance fee and $5 monthly fee after 6 months of inactivity |
| CMC Markets | $0 Free withdrawal | £10 monthly fee after 12 months of inactivity |
Best CFD broker
Can I trust these CFD brokers in Peru?
Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 20,000 brokers and trading platforms that we don't recommend. To be sure that a broker is reputable and reliable, use Scam Broker Shield tool.
Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.
| Broker | Top-tier regulators | Trusted broker |
|---|---|---|
| XTB | FCA in the UK | |
| Admirals (Admiral Markets) | FCA in the UK and ASIC in Australia | |
| Capital.com | FCA in the UK and ASIC in Australia | |
| IG | FCA in the UK, BaFin in Germany, and ASIC in Australia | |
| Trading 212 | FCA in the UK | |
| XM | ASIC in Australia | |
| ActivTrades | FCA in the UK and CSSF in Luxembourg | |
| Spreadex | FCA in the UK | |
| FxPro | FCA in the UK | |
| CMC Markets | FCA in the UK, CIRO in Canada, and ASIC in Australia |
Best CFD broker
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.
| Broker | Stock index CFD | Stock CFD |
|---|---|---|
| XTB | ||
| Admirals (Admiral Markets) | ||
| Capital.com | ||
| IG | ||
| Trading 212 | ||
| XM | ||
| ActivTrades | ||
| Spreadex | ||
| FxPro | ||
| CMC Markets |
Best CFD broker
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 financial instruments. 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 movement of a financial instrument (i.e. stock, bond, commodity, etc.) will go up or down, without owning the underlying asset . Instead of buying a Vodafone stock, at a CFD broker you will speculate on the direction you think the Vodafone stock will go. If your guess is right, you will make profit on your CFD trade.
There are, however, two [free financial zones in the UAE, which have their own regulatory regimes, albeit they still impose stringent rules to protect clients. These are the Abu Dhabi Global Market (ADGM) and, the better known Dubai International Financial Center (DIFC).
CFDs are leveraged products, meaning that you trade with your own money as well as funds 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.
And now, let's see the top international online brokers for 2023 for residents in Peru in detail one by one, starting with the winner, XTB.
#1 Best CFD broker
XTB
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
| XTB snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.4 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Paysafe, Skrill, ecommpay, PayU, PayPal |
| Withdrawal methods | Bank transfer |
| Read review | For a detailed analysis of XTB services, check out our review for 2023. |
#2 Best CFD broker
Admirals (Admiral Markets)
Recommended for forex traders who are familiar with the metatrader trading platforms
| Admirals (Admiral Markets) snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 3.8 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong |
| Withdrawal methods | Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong |
| Read review | For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2023. |
#3 Best CFD broker
Capital.com
Recommended for investors and cfd traders looking for a great trading platform and excellent customer service
| 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. |
#4 Best CFD broker
IG
Recommended for traders of any experience level looking for an easy-to-use trading platform
| IG snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal |
| Withdrawal methods | Bank transfer, Credit/debit cards |
| Read review | For a detailed analysis of IG services, check out our review for 2023. |
#5 Best CFD broker
Trading 212
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms
| Trading 212 snapshot | |
|---|---|
| Minimum deposit | $1 |
| Mobile app score | 4.9 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Google Pay, PayPal, Apple Pay, Skrill, Dotpay, Giropay, Carte Bleue, Direct eBanking, iDEAL |
| Withdrawal methods | Bank transfer, Credit/debit cards, Google Pay, PayPal, Apple Pay, Skrill, Dotpay, Giropay, Carte Bleue, Direct eBanking, iDEAL |
| Read review | For a detailed analysis of Trading 212 services, check out our review for 2023. |
#6 Best CFD broker
XM
Recommended for forex and cfd traders who prefer metatrader platforms and seek great account opening
| XM snapshot | |
|---|---|
| Minimum deposit | $5 |
| Mobile app score | 3.8 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC) |
| Withdrawal methods | Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC) |
| Read review | For a detailed analysis of XM services, check out our review for 2023. |
#7 Best CFD broker
ActivTrades
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
| ActivTrades snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 3.9 stars |
| Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, AstroPay, Sofort |
| Withdrawal methods | Bank transfer, Credit/debit cards, Neteller, Skrill, AstroPay, Sofort |
| Read review | For a detailed analysis of ActivTrades services, check out our review for 2023. |
#8 Best CFD broker
Spreadex
Recommended for spread, forex and cfd traders looking for low fees and great deposit/withdrawal options
| Spreadex snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 4.5 stars |
| Deposit methods | Bank transfer, Credit/debit cards |
| Withdrawal methods | Bank transfer, Credit/debit cards |
| Read review | For a detailed analysis of Spreadex services, check out our review for 2023. |
#9 Best CFD broker
FxPro
Recommended for forex and cfd traders looking for a broker with great account opening and who are familiar with the metatrader platform
| FxPro snapshot | |
|---|---|
| Minimum deposit | $100 |
| Mobile app score | 4.3 stars |
| Deposit methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Withdrawal methods | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller |
| Read review | For a detailed analysis of FxPro services, check out our review for 2023. |
#10 Best CFD broker
CMC Markets
Recommended for forex and cfd traders looking for an advanced trading platform with many research tools
| CMC Markets snapshot | |
|---|---|
| Minimum deposit | $0 |
| Mobile app score | 5.0 stars |
| Deposit methods | Bank transfer, Credit/debit cards, |
| Withdrawal methods | Bank transfer, Credit/debit cards |
| Read review | For a detailed analysis of CMC Markets services, check out our review for 2023. |
Best CFD broker
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Best CFD broker
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.
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Best CFD broker
FAQ
How risky is CFD trading?
While CFDs have many benefits, including access to a wide range of markets with little capital needed upfront, the ability to bet on falling as well as rising markets, making them very popular with online traders, However, they come with high risk of losing your money.
The biggest risk comes from the use of leverage. Leverage means that you borrow money from your broker, which will enable you to spend more money on opening a position than you otherwise would be able to. It’s also called trading on margin, where margin is the percentage of the total value of the trading position you are required to put down.
At 100:1 leverage, you only need to deposit just 1% of the position’s value. So with $10 you can control a position of $1,000 in value. But if you get your bet wrong, you lose many times the amount you deposited. Leverage amplifies you gains as well as your losses.
There are several other risks involved, such as the risk from inexperience, whereby beginners are bound to make expensive mistakes. There is the risk of choosing an unreliable provider and losing your money that way if it goes bust. Markets are risky by definition due to volatility and a lot of unexpected events that affect them.
To limit these risks you should only trade CFDs if you fully understand them, including risk management tools, such as stop-loss and take profit orders. A lot of brokers offer a good selection of educational materials. Also, you should practice trading on a demo account with virtual funds first, to avoid risking your capital. Only trade live, when you are fully confident.
To better understand CFDs and the risk involved, read this article on CFD trading tips compiled by our team of experts.
Can CFD trading be profitable?
Yes, CFD trading can be profitable and investors may make handsome profits 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. Over three quarters of retail trading accounts lose money when trading CFDs. CFDs are by no means a guarantee for getting rich overnight.
What's the difference between CFDs and shares?
The main difference is ownership. You can get exposure to stock markets by trading share CFDs, whithout owning the underlying share that you are betting on. To trade shares outright, you need to buy them via a broker and you own them. The advantage if share CFDs is that you can speculate on a high number of shares without a big capital outlay. The benefit of owning stocks is that they are ideal for long-term investment.
The other difference is leverage. When you trade CFDs, your broker gives you leverage, a loan, meaning that you are able to control a large position with a small initial deposit. With share trading, you buy a share from your own captital and selling it means that you transfer the ownership rights to a buyer. Typically, share are for investing on a longer time horizon, while CFD trades are typically closed out within the day. Both have their advantages and drawbacks, depending on your circumstances and financial goals.
Are CFDs good for beginners?
CFDs are high risk instruments and are not recommended for beginners. CFDs are 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, you can magnify your profits and your losses. CFDs are widely used by experienced traders with a deep understanding of financial markets and investment strategies. If you are an absolute beginner, it makes sense to open a demo account and do a lot of research. Data shows that over three quarters of retail trading accounts lose money when trading CFDs.
Want to understand CFD trading in more detail?
Check out these articles written by our broker and trading experts:
