CFD Brokers and AccountsThere are many factors to be considered when opening a CFD account. Safety of money and the broker's competitiveness always come first. In addition, the fund methods, the asset index, and the available trading platforms are also important to all CFD traders.

CFDs Trading

CFD trading allows investors to trade the direction of a financial asset over the short term. CFDs are simple to use and are especially popular for trading Forex, equity, and commodity products.

 

Key tips when opening a CFD Account

(1) Safety of funds is a top-priority issue

When trading online the safety of your funds is priority number one. Before opening an account make sure that your CFD broker is regulated and based on a reliable county. Traders can take advantage of the live chat service on each broker's website to answer all their questions. Even CFD brokers domiciled in offshore countries should offer a segregation between corporate funds and client funds.

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COMPARE ONLINE FOREX ACCOUNTS

COMPARE ONLINE FOREX ACCOUNTS

An online Forex account is an account that can hold and trade Forex currency pairs. When choosing a Forex Broker, focus on (i) safety of money, (ii) fund methods, (iii) trading cost, and (iv) available asset index.

BROKERAGE

TRADING FEATURES

TRADING PLATFORM

FUNDING TERMS WEBSITE

□ RoboForex

Foundation: 2009
License: 

  • FSC 000138/7

SEGREGATED CLIENT ACCOUNT: YES

SWAP-FREE ACCOUNTS: YES

Broker Type: ECN/STP
 
Auto-Trading: Yes
Scalping: Yes
Social Trading: Yes (CopyFx)
PAMM Accounts: No
Free VPS: Yes
 

■ MetaTrader-4

■ MetaTrader-5

■ RStocksTrader

■ WebTrader

■ Current Promotion:

  • Free VPS
  • $30 free bonus

■ Minimum Deposit: $10

■ DEPOSIT METHODS

Wire | Cards

Neteller | Skrill

AdvCash | PerfectMoney

 
  • Good for auto-trading
  • Copy-trading
  • Free VPS
 

□ TitanFx

Foundation: 2014
License: 

FSC of the Republic of Vanuatu

SEGREGATED CLIENT ACCOUNT: YES

SWAP-FREE ACCOUNTS: NO

Broker Type: ECN/STP

Auto-Trading: Yes
Scalping: Yes
Social Trading: Yes
Free VPS: Yes
 

■ MetaTrader-4

■ MetaTrader-5

■ WebTrader

 

■ Current Promotion:

  • Free VPS
  • Trading Competitions

■ Minimum Deposit: $200

■ DEPOSIT METHODS

Wire | Cards | Skrill

Neteller | UnionPay

  • ECN account with tight spreads
  • Free VPS
  • Trading Competitions

 

□ FXDD

Foundation: 2002
License: MFSA (Malta) and FSC (Mauritius)

US: No

SEGREGATED CLIENT ACCOUNT: YES

SWAP-FREE ACCOUNTS: YES

Broker Type: ECN/STP
 
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: No
 

■ MetaTrader-4

■ MetaTrader-5

■ WebTrader

■ Current Promotion:

  • Free TradingCentral Analysis

■ Minimum Deposit: $100

■ DEPOSIT METHODS

Wire | Cards Skrill | Neteller | UnionPay | Cryptocurrencies

 
  • 65 Forex pairs
  • PAMM Accounts
  • EA-Friendly

□ IC Markets

Foundation: 2007
License: 

FSA (Seychelles)

SEGREGATED CLIENT ACCOUNT: YES

SWAP-FREE ACCOUNTS: YES

EUROPEAN TRADERS: NO

Broker Type: CFD Provider

Auto-Trading: Yes
Scalping: Yes
Social Trading: Yes
Free VPS: Yes
 

■ MetaTrader-4

■ MetaTrader-5

■ cTrader

■ WebTrader

 

■ Current Promotion:

  • Free VPS

■ Minimum Deposit: $200

■ DEPOSIT METHODS

Wire | Cards | Skrill

Neteller | WebMoney

  • Tight spreads, professional-grade services
  • cTrader, free VPS
  • Not allowing European Traders

 

 

□ FP Markets

Foundation: 2005
License: CySEC & ASIC

License No: 

  • ASIC Australia (286354)
  • CySEC Cyprus (371/18)

SEGREGATED CLIENT ACCOUNT: YES

Broker Type: ECN/STP
 
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
 

■ MetaTrader-4

■ MetaTrader-5

■ Iress Trader

■ Current Promotion:

  • Free VPS

■ Minimum Deposit: $100

■ DEPOSIT METHODS

Wire | Cards

Skrill | Neteller

FasaPay

 
  • 50 Forex pairs
  • PAMM Accounts
  • Free VPS
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□ FBS

Foundation: 2009
License: CRFIN

  • License No: 009069697

SEGREGATED CLIENT ACCOUNT: YES

Broker Type: ECN/STP

Leverage:  30:1 to 1000:1
 
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: No
 

■ MetaTrader-4

■ MetaTrader-5

■ Current Promotion:

  • $123 Free Bonus
  • 50% Deposit Bonus

■ Minimum Deposit:

-$1 (Cent Account)

-$500 (Standard Account)

DEPOSIT METHODS

Wire | Cards

Skrill | Neteller

WebMoney

+and more

  • Welcome Bonus
  • Free No-Deposit Bonus
  • Multilingual Support for Asian traders

 

□ AXI

Foundation: 2007
License: ASIC, FCA UK

SEGREGATED CLIENT ACCOUNT: YES

Broker Type: ECN/STP

Leverage: 30:1
 
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
 

■ MetaTrader-4 & MetaTrader Web

 

■ Current Promotion:

  • Free VPS

■ Minimum Deposit: $20

■ DEPOSIT METHODS

Wire | Cards

Skrill | Neteller

BPay

  • Tight spreads starting at 0.0 pip and $7 per lot
  • Free VPS & Autochartist
  • 50+ Forex pairs
  • PAMM Accounts
 

Starting an Online Forex Account

Typically, you open an account, upload the documents verifying who you are, deposit some money, and then you can buy/sell Forex currency pairs. As concerns the verification process, new online Forex accounts require the following documents:

(a) Proof of Identification (ID, Passport, or Other)

(b) Proof of Address (a Bill in your name)

(c) If you want to use a Credit/Debit card, then a 2-side photocopy of your card

 
 
■ Online Forex Accounts Comparison
ExpertSignal.com
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A managed account is a fully segregated trading account to a brokerage firm, individually owned by an investor, but managed by a professional money manager on his behalf

What is a Managed Account? A managed account is a fully segregated brokerage account, individually owned by an investor but managed by a professional money manager on his behalf. Money Managers can access that individual account only for opening, modifying, and closing trading positions. A managed account offers the chance to common investors to have their money managed by professional traders, but to maintain full control on their capital, and enjoy safety and real transparency.

Major Types of Managed Accounts

Money managers trade all investor’s accounts via a large master account. The exact structure of this arrangement follows four modules: PAMM, MAM, LAMM, and Pooled Accounts.

(i) PAMM (Percent Allocation Management Module)

A PAMM account type allows investors to allocate only a percentage of their entire capital to reflect a master account. The PAMM account type is designed to distribute all gains, losses, and fees on an equal percentage basis. In other words, all investor accounts get the same percentage returns no matter the size of their accounts. In addition, an investor can select to follow different money managers on the same account. The deposit requirements usually start as low as $500.

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