Intro and winners
The lowest spread CFD brokers updated for 2023
Find below the pros of lowest spread CFD brokers available in the United States, updated for 2023:
- ActivTrades - Lowest spread CFD broker in 2023. Low trading fees. Excellent account opening. Free deposit and withdrawal.
- Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
- Trade Nation - Free deposit and withdrawal. Excellent research and education tools. Good customer support.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- XM - Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
- Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
- XTB - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening. Interest paid on cash (up to 5% for USD).
- Trading 212 - Real stocks and ETFs are commission-free. Quick and easy account opening. Great trading platforms.
- MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
- FxPro - Superb account opening process. Great customer service. Free deposit and withdrawal.
- Intro and winners
- CFD spreads at the top low-spread CFD brokers
- Comparison of the lowest-spread CFD brokers in 2023
- Trading fees compared
- Non-trading fees compared
- Can I trust these lowest spread CFD brokers?
- Product selection compared
- ActivTrades
- Admirals (Admiral Markets)
- Trade Nation
- AvaTrade
- XM
- Capital.com
- XTB
- Trading 212
- MultiBank
- FxPro
- Didn't find the best broker for you?
- How did BrokerChooser pick the lowest spread CFD brokers?
- FAQ
CFD spreads at the top low-spread CFD brokers
How much you pay in fees for a trade plays a vital role in selecting a broker, and at CFD brokers the main cost is usually the spread. Finding the CFD brokers with the lowest spreads requires a thorough analysis of trading fees. We collected the most important CFD spreads in the table below.
| Broker | S&P 500 CFD spread | Euro Stoxx 50 CFD spread |
|---|---|---|
| ActivTrades | 0.2 | 0.9 |
| Admirals (Admiral Markets) | 0.4 | 1.3 |
| Trade Nation | 0.5 | 1.0 |
| AvaTrade | 0.5 | 2.0 |
| XM | 0.5 | 1.5 |
| Capital.com | 0.8 | 2.0 |
| XTB | 0.6 | 2.4 |
| Trading 212 | 1.1 | 2.4 |
| MultiBank | 0.9 | 0.8 |
| FxPro | 1.0 | 2.1 |
Popularity of the lowest-spread CFD brokers
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Comparison of the lowest-spread CFD brokers in 2023
| Broker | Negative balance protection for any product | Minimum deposit |
|---|---|---|
| ActivTrades | $0 | |
| Admirals (Admiral Markets) | $100 | |
| Trade Nation | $0 | |
| AvaTrade | $100 | |
| XM | $5 | |
| Capital.com | $20 | |
| XTB | $0 | |
| Trading 212 | $1 | |
| MultiBank | $50 | |
| FxPro | $100 |
Trading fees compared
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 financing rate for a $2,000, 20:1 position, including opening the position, holding it for a week, and closing it.
| Broker | S&P 500 index CFD fee | Euro Stoxx 50 index CFD fee |
|---|---|---|
| ActivTrades | $2.4 | $1.8 |
| Admirals (Admiral Markets) | $2.2 | $1.8 |
| Trade Nation | $2.7 | $1.5 |
| AvaTrade | $2.6 | $2.0 |
| XM | $2.6 | $2.5 |
| Capital.com | $2.4 | $2.8 |
| XTB | $3.3 | $3.3 |
| Trading 212 | $1.5 | $2.2 |
| MultiBank | $1.5 | $1.2 |
| FxPro | $2.9 | $2.6 |
If you are unsure how brokerage fees work, check out our article on the various fees, charges and costs.
Non-trading fees compared
Non-trading fees include charges not directly related to trading. The most common among these are deposit/withdrawal fees, the inactivity fee and the account maintenance fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| ActivTrades | ||
| Admirals (Admiral Markets) | ||
| Trade Nation | ||
| AvaTrade | ||
| XM | ||
| Capital.com | ||
| XTB | ||
| Trading 212 | ||
| MultiBank | ||
| FxPro |
Can I trust these lowest spread CFD brokers?
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 |
|---|---|---|
| ActivTrades | FCA in the UK and CSSF in Luxembourg | |
| Admirals (Admiral Markets) | FCA in the UK and ASIC in Australia | |
| Trade Nation | FCA in the UK and ASIC in Australia | |
| AvaTrade | CBI in Ireland and ASIC in Australia | |
| XM | ASIC in Australia | |
| Capital.com | FCA in the UK and ASIC in Australia | |
| XTB | FCA in the UK | |
| Trading 212 | FCA in the UK | |
| MultiBank | ASIC in Australia and BaFin in Germany | |
| FxPro | FCA in the UK |
Product selection compared
Check out what types of CFDs you can trade at the lowest spread CFD brokers.
| Broker | Stock index CFD | Stock CFD |
|---|---|---|
| ActivTrades | ||
| Admirals (Admiral Markets) | ||
| Trade Nation | ||
| AvaTrade | ||
| XM | ||
| Capital.com | ||
| XTB | ||
| Trading 212 | ||
| MultiBank | ||
| FxPro |
And now, let's see the lowest-spread CFD brokers in 2023 in detail one by one, starting with the winner, ActivTrades.
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions
Visit broker
63-81% of retail CFD accounts lose money
| 💰 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. |
Recommended for forex traders who are familiar with the metatrader trading platforms
Visit broker
80% of retail CFD accounts lose money
| 💰 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. |
Recommended for spread, forex and cfd traders looking for a great trading platform and quality customer service
Visit broker
84% of retail CFD accounts lose money
| 💰 Minimum deposit | $0 |
| 📱 Mobile app score | 4.3 stars |
| 💳 Deposit methods | Bank transfer, Credit/debit cards, Skrill, Rapid, AstroPay, Jeton |
| 💸 Withdrawal methods | Bank transfer, Credit/debit cards, Skrill, Rapid, AstroPay, Jeton |
| 📖 Read review | For a detailed analysis of Trade Nation services, check out our review for 2023. |
Recommended for forex and cfd traders looking for an option to use metatrader platforms
Visit broker
71% of retail CFD accounts lose money
| 💰 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. |
Recommended for forex and cfd traders who prefer metatrader platforms and seek great account opening
Visit broker
75.33% of retail CFD accounts lose money
| 💰 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. |
Recommended for investors and cfd traders looking for a great trading platform and excellent customer service
Visit broker
84.97% of retail CFD accounts lose money
| 💰 Minimum deposit | $20 |
| 📱 Mobile app score | 4.9 stars |
| 💳 Deposit methods | Bank transfer, Credit/debit cards, Apple Pay, PayPal, Neteller, Skrill, Sofort, Trustly |
| 💸 Withdrawal methods | Bank transfer, Credit/debit cards, Apple Pay, PayPal, Neteller, Skrill, Sofort, Trustly |
| 📖 Read review | For a detailed analysis of Capital.com services, check out our review for 2023. |
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
Visit broker
81% of retail CFD accounts lose money
| 💰 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. |
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms
Visit broker
68% of retail CFD accounts lose money
| 💰 Minimum deposit | $1 |
| 📱 Mobile app score | 4.9 stars |
| 💳 Deposit methods | Bank transfer, Credit/debit cards, OnlineBankingPL, Giropay, Carte Bleue, Blik, Direct eBanking, Apple / Google Pay, PayPal, iDEAL |
| 💸 Withdrawal methods | Bank transfer, Credit/debit cards, OnlineBankingPL, Giropay, Carte Bleue, Blik, Direct eBanking, Apple / Google Pay, PayPal, iDEAL |
| 📖 Read review | For a detailed analysis of Trading 212 services, check out our review for 2023. |
Recommended for forex and cfd traders familiar with the metatrader trading platform
Visit broker
74-89% of retail CFD accounts lose money
| 💰 Minimum deposit | $50 |
| 📱 Mobile app score | 3.8 stars |
| 💳 Deposit methods | Bank transfer, Credit/debit cards, Neteller, Skrill, Sepa, Praxis, Bitcoin, tether, myFatoorah, pagsmile,Paytrust, PlusWallets, Thai QR payment, PaymentAsia, GlobePay, korapay, Boletol, Pay Retailers, pix, SPE, dragonpay, GCash |
| 💸 Withdrawal methods | Bank transfer, Credit/debit cards, Neteller, Skrill, Sepa, Praxis, Bitcoin, tether, myFatoorah, pagsmile,Paytrust, PlusWallets, Thai QR payment, PaymentAsia, GlobePay, korapay, Boletol, Pay Retailers, pix, SPE, dragonpay, GCash |
| 📖 Read review | For a detailed analysis of MultiBank services, check out our review for 2023. |
Recommended for forex and cfd traders looking for a broker with great account opening and who are familiar with the metatrader platform
Visit broker
79.27% of retail CFD accounts lose money
| 💰 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. |
Didn't find the best broker for you?
Answer a few questions and get a personalized broker list!
Your broker toplist will be selected based on your answers.
How did BrokerChooser pick the lowest spread CFD brokers?
- We checked whether the broker is regulated by a trusted financial authority,
- Analyzed and compared CFD fees, with special focus on spreads,
- Looked at the range of CFDs available,
- Checked minimum deposit requirements,
- Opened an account and tested the platform (charting, features, usability) with real money,
- And in general compared the brokers' overall level of service quality and user experience.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 500 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 50,000 data points overall.
FAQ
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 our article on CFD trading tips compiled by BrokerChooser's 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.
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 multiply not just your profits but also 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:
