Contracts for Difference, or globally known as CFDs, allow traders to investigate and later speculate on the changes of prices for a variety of different tools and products. Such assets include commodities, indices, stocks, pairs of currencies, and even cryptocurrencies. CFD brokers usually provide exclusive platforms that enable traders to connect to the market from their desktops or cell phones whenever and wherever they want. Therefore, CFD brokers all around the world are believed to have competition in providing the best services to clients. From an expert CFD broker with a good reputation, one can expect to receive different deposit methods, a range of tools necessary for marketing and trading, various account types, and more importantly, low spreads. However, there will remain a significant and rather important question to ask: is CFD trading allowed in all countries?
CFD broking in the USA
CFD trading is not allowed in a couple of countries worldwide, including the USA. The main reason behind this issue is that CFD trading is against the security laws of this country. However, USA traders can connect to the global market by choosing the right international CFD broker and take advantage of this rather international market, while sitting in their homes or enjoying a vacation.
Online trading and, on the other hand, not having a robust legal cover for traders in a couple of countries reinforces the necessity of having a reliable and expert CFD broker. As a CFD trader, you may find a whole range of options to choose your preferred CFD broker. However, we would like to introduce you one of the best CFD brokers with a global reputation offering a reliable and complete range of services.
The best CFD broker in the world: XTB
XTB is a CFD and Forex broker, founded in 2002, with its headquarters established in Warsaw, Poland. XTB offers the possibility of trading more than 1500 CFD instruments, including indices, Forex, Stocks, ETFs, Cryptos, and Commodities to its clients. Such a vast range of possibilities is the direct result of being regulated and authorized by different bodies such as the International Financial Services Commission in Belize, he Comisión Nacional del Mercado de Valores in Spain, the UK Financial Financial Conduct Authority Cyprus Securities and Exchange Commission, and the Komisja Nadzoru Finansowego in Poland. All the CFD trades can take place on the MT4 (MetaTrader 4) and the xStation 5, which is XTB’s online platform. Xstation5 is designed for both web and mobile and is a unique and feature-rich online platform.
Additionally, the XTB CFD broker provides two different types of accounts with varying terms of services. Customers can either use the so-called standard/pro XTB UK account or choose the Islamic account. The latter comes with a maximum leverage of 1:500 and is accessible by using the XTB international in Belize. XTB CFD trader offers more than 1500 trading instruments that cover different classes of assets. This CFD broker also provides an extensive range of resources for research and education. Trading more than 1500 CFDs, including Indices, Commodities, Stocks, Cryptos, and ETFs on XTB standard account, has no commission fee. All the advantages mentioned above place the XTB CFD broker on the top in the list of the best CFD brokers in the world.
Source : top10best