Best Stock Trading Forex Brokers for 2022

Below you will find a list of Forex Brokers that offer hundreds and occasionally thousands of stocks for trading. Modern stock market, also known as equity market, connects buyers and sellers of shares with use of electronic networks that spread all around the world. Nowadays, you can purchase some securities without leaving your home or even using a phone to place an order. Most brokers providing specific trading platforms (such as CQG, L2, Sterling Trader, Rhino Trader, Trading Station etc.) offer direct access to US, UK and EU stock markets. Open an account, verify it, deposit some funds and you are all good to start trading.

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RoboForex RoboForex (2009) Leverage: up to 1:2000 Deposit: from 10 USD Spreads:  low  low Location: Belize Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 cTrader Specific Social Platform Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Trustly Qiwi ePayments iDeal Sofort AdvCash Bitcoin Bitсoin Cash Ethereum Liteсoin Tether POLi EcoPayz Dukascopy Dukascopy (1998) Leverage: up to 1:200 Deposit: from 100 USD Spreads:  low  low Location: Switzerland Latvia Japan Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 Specific Binary Platform FIX API (protocol) Wire Transfer Credit Cards Admiral Markets Admiral Markets (2001) Leverage: up to 1:1000 * Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller UnionPay Trustly iDeal POLi AstroPay SafetyPay Klarna Przelewy24 ZotaPay CityIndex CityIndex (1983) Leverage: up to 1:30 Deposit: from 10 USD Spreads:  low  low Location: Australia UK UAE Singapore Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Interest Rates Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards PayPal Bpay TradeView TradeView (2004) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  low  low Location: Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 cTrader Currenex Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay ePayments BitWallet Uphold BitPay EcoPayz SticPay GO Markets GO Markets (2006) Leverage: up to 1:500 Deposit: from 200 AUD Spreads:  low  low Location: Australia Mauritius Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Bpay POLi IG Markets IG Markets (1974) Leverage: up to 1:200 * Deposit: from 300 USD Spreads:  low  low Location: Australia UK Switzerland UAE Singapore Japan Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web MetaTrader 4 Specific FIX API (protocol) Wire Transfer Credit Cards PayPal Bpay AvaTrade AvaTrade (2007) Leverage: up to 1:400 * Deposit: from 100 USD Spreads:  mid  mid Location: Australia Ireland Poland South Africa UAE Japan British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller WebMoney POLi XM Group XM Group (2009) Leverage: up to 1:888 Deposit: from 5 USD Spreads:  low  low Location: Australia UK Cyprus UAE Belize Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller WebMoney Yandex Money Qiwi XTB Group XTB Group (2004) Leverage: up to 1:200 Deposit: from 250 USD Spreads:  mid  mid Location: UK Germany France Spain Poland Belize Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: MetaTrader 4 xStation Wire Transfer Credit Cards PayPal Skrill Sofort PaySafeCard SafetyPay HQ Broker HQ Broker (2017) Leverage: up to 1:400 Deposit: from 250 USD Spreads:  mid  mid Location: Marshall Islands Instruments: Currencies Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 Wire Transfer Credit Cards FP Markets FP Markets (2005) Leverage: up to 1:500 Deposit: from 100 AUD Spreads:  low  low Location: Australia Cyprus Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Bpay POLi AstroPay HYCM HYCM (1977) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  mid  mid Location: UK Cyprus UAE Saint Vincent and the Grenadines Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller WebMoney Perfect Money Bitcoin CoreSpreads CoreSpreads (2014) Leverage: up to 1:30 Deposit: from 10 USD Spreads:  low  low Location: Australia UK Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards POLi SwissQuote SwissQuote (2000) Leverage: up to 1:100 * Deposit: from 1000 USD Spreads:  mid  mid Location: UK Switzerland Malta UAE Singapore Hong Kong Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards CMC Markets CMC Markets (1989) Leverage: up to 1:500 * Deposit: from 200 USD Spreads:  low  low Location: Australia New Zealand Canada UK Germany Singapore Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web MetaTrader 4 Specific FIX API (protocol) Wire Transfer Credit Cards POLi NAGA NAGA (2015) Leverage: up to 1:200 Deposit: from 50 EUR Spreads:  mid  mid Location: Cyprus Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly Bitcoin Ethereum Liteсoin Dash Giropay Plus500 Plus500 (2008) Leverage: up to 1:300 Deposit: from 100 USD Spreads:  low  low Location: Australia New Zealand UK Cyprus Singapore Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web Specific Wire Transfer Credit Cards PayPal Skrill EightCap EightCap (2009) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Vanuatu Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill UnionPay POLi UFX UFX (2007) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  high  high Location: Cyprus Vanuatu Instruments: Currencies Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller UnionPay WebMoney Qiwi iDeal Sofort POLi Giropay PaySafeCard CashU INGOT Brokers INGOT Brokers (2006) Leverage: up to 1:400 Deposit: from 100 USD Spreads:  low  low Location: Australia Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum ZotaPay Renesource Capital Renesource Capital (1998) Leverage: up to 1:30 Deposit: from 10 USD Spreads:  low  low Location: Latvia Instruments: Currencies Indices Metals Energies Stocks Bonds ETFs Platforms: MetaTrader 4 Currenex CQG Specific FIX API (protocol) Wire Transfer AMarkets AMarkets (2007) Leverage: up to 1:1000 Deposit: from 100 USD Spreads:  low  low Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller VLoad FasaPay WebMoney Perfect Money Saxo Bank Saxo Bank (1992) Leverage: up to 1:30 Deposit: from 2000 USD Spreads:  low  low Location: Australia UK Switzerland Denmark UAE Singapore Hong Kong Japan Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web Specific FIX API (protocol) Wire Transfer Credit Cards Amana Capital Amana Capital (2010) Leverage: up to 1:500 * Deposit: from 50 USD Spreads:  mid  mid Location: UK Cyprus UAE Lebanon Malaysia Mauritius Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Qiwi AdvCash Epay Moneta Ru Payeer Markets.com Markets.com (2008) Leverage: up to 1:300 * Deposit: from 100 USD Spreads:  mid  mid Location: Australia UK Cyprus South Africa British Virgin Islands Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay Think Markets Think Markets (2010) Leverage: up to 1:500 * Deposit: from 5 USD Spreads:  low  low Location: Australia UK South Africa Bermuda Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards PayPal Skrill Neteller BitPay Bpay POLi JFD Bank JFD Bank (2011) Leverage: up to 1:400 * Deposit: from 500 USD Spreads:  mid  mid Location: Germany Cyprus Vanuatu Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Sofort SafeCharge ActivTrades ActivTrades (2001) Leverage: up to 1:400 * Deposit: from 500 GBP Spreads:  mid  mid Location: UK Bahamas Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Neteller Sofort Infinox Infinox (2009) Leverage: up to 1:30 Deposit: from 50 GBP Spreads:  mid  mid Location: UK Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 CQG Specific Social Platform FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller BDSwiss BDSwiss (2012) Leverage: up to 1:400 * Deposit: from 200 USD Spreads:  mid  mid Location: Cyprus Mauritius Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller iDeal Sofort Giropay MultiBank Group MultiBank Group (2005) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  low  low Location: Australia Austria Germany Spain UAE British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller UnionPay Perfect Money Bitcoin POLi Capex Capex (2016) Leverage: up to 1:300 * Deposit: from 1000 USD Spreads:  mid  mid Location: Cyprus South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly SafeCharge ADSS ADSS (2011) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  mid  mid Location: UK UAE Hong Kong Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: MetaTrader 4 Specific FIX API (protocol) Wire Transfer Credit Cards Skrill VantageFX VantageFX (2009) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cayman Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Bpay POLi AstroPay TeleTrade TeleTrade (2000) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  mid  mid Location: Cyprus Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay WebMoney Yandex Money Qiwi Alvexo Alvexo (2014) Leverage: up to 1:300 Deposit: from 500 EUR Spreads:  high  high Location: Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller Swiss Markets Swiss Markets (2016) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  mid  mid Location: Mauritius Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller iDeal Sofort Giropay Przelewy24 Oinvest Oinvest (2018) Leverage: up to 1:400 Deposit: from 250 USD Spreads:  mid  mid Location: South Africa Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller HFTrading HFTrading (2018) Leverage: up to 1:30 Deposit: from 250 USD Spreads:  mid  mid Location: Australia New Zealand Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller IronFX IronFX (2010) Leverage: up to 1:1000 Deposit: from 100 USD Spreads:  mid  mid Location: Australia UK South Africa Bermuda Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay DotPay Skilling Skilling (2016) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 cTrader Specific Wire Transfer Credit Cards Skrill Neteller FasaPay Trustly Klarna XBTFX XBTFX (2019) Leverage: up to 1:500 Deposit: from 0.0001 BTC Spreads:  low  low Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Bitcoin Bitсoin Cash Ethereum Liteсoin Dash Ripple Tether Just2Trade Just2Trade (2015) Leverage: up to 1:30 Deposit: from 100 USD Spreads:  low  low Location: Cyprus Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 CQG Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller UnionPay WebMoney Yandex Money Trustly Qiwi iDeal Bitcoin Ethereum Tether POLi Giropay Moneta Ru Klarna Przelewy24 Alipay IFC Markets IFC Markets (2006) Leverage: up to 1:400 Deposit: from 1 USD Spreads:  mid  mid Location: Malaysia British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller WebMoney Perfect Money Bitcoin BitWallet iForex iForex (2012) Leverage: up to 1:400 * Deposit: from 100 USD Spreads:  low  low Location: UK Cyprus British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web Specific Social Platform Wire Transfer Credit Cards Skrill Neteller TD Ameritrade TD Ameritrade (1975) Leverage: up to 1:50 * Deposit: from 20 USD Spreads:  mid  mid Location: Canada US Singapore Hong Kong Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web Specific Wire Transfer Interactive Brokers Interactive Brokers (1978) Leverage: up to 1:50 * Deposit: from 20 USD Spreads:  mid  mid Location: Australia Canada US UK Singapore Hong Kong Japan Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web Specific Wire Transfer FxFlat FxFlat (1997) Leverage: up to 1:30 Deposit: from 200 EUR Spreads:  mid  mid Location: Germany Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Sofort Giropay TMGM TMGM (2013) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia Vanuatu Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay POLi SticPay Alipay ETX Capital ETX Capital (1965) Leverage: up to 1:30 Deposit: from 100 USD Spreads:  low  low Location: UK Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Interest Rates Platforms: MetaTrader 4 Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Fondex Fondex (2017) Leverage: up to 1:500 Deposit: from 1 USD Spreads:  low  low Location: Cyprus Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web cTrader Wire Transfer Credit Cards PayPal Skrill Neteller WebMoney Yandex Money Sofort Bitcoin Bitсoin Cash Ethereum Liteсoin POLi Giropay PaySafeCard Przelewy24 Trade Nation Trade Nation (2019) Leverage: up to 1:200 Deposit: from 10 USD Spreads:  low  low Location: Australia UK South Africa Bahamas Instruments: Currencies Indices Metals Energies Stocks Bonds Platforms: Web Specific Wire Transfer Credit Cards Skrill Rockfort Markets Rockfort Markets (2014) Leverage: up to 1:100 Deposit: from 500 USD Spreads:  mid  mid Location: New Zealand Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards Skrill POLi GBE Brokers GBE Brokers (2015) Leverage: up to 1:30 Deposit: from 500 USD Spreads:  mid  mid Location: Germany Cyprus Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards PayPal Skrill Neteller VT Markets VT Markets (2016) Leverage: up to 1:500 Deposit: from 200 USD Spreads:  low  low Location: Australia UK Cayman Islands Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay Tether Bpay POLi ACY Securities ACY Securities (2013) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  low  low Location: Australia Vanuatu Instruments: Currencies Crypto Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill UnionPay EuropeFX EuropeFX (2017) Leverage: up to 1:30 Deposit: from 1000 EUR Spreads:  mid  mid Location: Germany Cyprus Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay SafeCharge VPFX VPFX (2020) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  mid  mid Location: Malaysia Instruments: Currencies Indices Metals Energies Stocks Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay InvestAZ InvestAZ (2000) Leverage: up to 1:100 Deposit: from 1000 USD Spreads:  mid  mid Location: New Zealand Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards DeltaFX DeltaFX (2009) Leverage: up to 1:1000 Deposit: from 1 USD Spreads:  mid  mid Location: Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: MetaTrader 4 Wire Transfer Bitcoin Tether Libertex Libertex (1997) Leverage: up to 1:500 * Deposit: from 10 USD Spreads:  mid  mid Location: Cyprus South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Neteller Trustly iDeal Sofort Giropay PaySafeCard Przelewy24 Trade360 Trade360 (2013) Leverage: up to 1:100 * Deposit: from 500 USD Spreads:  high  high Location: Cyprus Marshall Islands Instruments: Currencies Indices Metals Energies Stocks ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly SafeCharge
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Who are stock forex brokers?

These are forex brokers that offer Contracts for Difference (CFDs) on stocks of companies from around the world. Most stock forex brokers offer stocks that are listed on US exchanges with additions from other major stock indices from around the world, especially from the UK, Germany and Japan. You may ask: what is the difference between the stocks listed on the platforms of stock forex brokers and stocks that are listed on the platforms of conventional stock brokers? Here are some of them:

Contract Specifications for Trading Stocks on Forex Broker Platforms

Stock CFDs are offered by forex brokers all over the world. Therefore, you will see brokers in the UK, EU, Australia and offshore locations offering these assets. The only forex brokers who do not offer stocks as a result of regulatory restrictions are US forex brokers. CFD trading on the retail end of the market is prohibited by the CFTC, so you will not see stocks CFDs being offered for trading. The location of the forex broker will determine the contract specifications for the listed stocks.

Infographics: Contract specifications for trading stocks on forex broker platforms

A) Leverage

One major specification that will be affected is the leverage. In 2018, the European Securities and Markets Authority (ESMA) reduced the leverage limit for trading of all assets on UK and EU forex brokerages, and stocks CFDs were hit with a severe leverage restriction. Presently, CFDs on stocks can be traded with a maximum leverage of 1:5, which translates to a margin requirement of 20%. What this means is that if a trader buys 100 units of a stock CFD and this trade costs $2,000 to execute, the trader is expected to come up with a margin of $400 as collateral for the trade. However, some of the offshore brokers listed on our website offer various leverage amounts for stocks CFDs. If the trade example mentioned above was to be executed on one of these offshore platforms with a leverage of 1:100 (i.e. 1% margin), then the trader would only need $20 to execute a trade that costs $2000 to execute.

B) Spreads

When it comes to spreads, there are differences from one stock forex broker to another. Spreads on stocks CFDs, especially those of the big stocks, are usually higher than you would get in major currencies. Therefore, traders need to be aware of the cost implications of trading certain CFDs on stocks. Many traders trade stocks on an intraday basis. When day trading stocks CFDS, minute reductions in the spreads on these assets can translate into significant cost savings in the long run.

C) Exchanges Covered

On most stock forex broker platforms, the stock CFD assets usually featured are pooled from the US exchanges (Dow Jones, Nasdaq100 and S&P500). However, stocks from exchanges in Japan, China, UK and EuroStoxx may also be featured. As a rule, you would like to choose platforms that feature stocks that you are familiar with.

D) Trading Hours

Stock markets are not 24-hour markets. They are only open for a few hours a day, and these hours are the only times you can trade stock CFDs. The market hours for each national exchange are different and you need to consult the contract specifications page of your preferred broker to know what the trading times for your preferred stock CFDs are.

E) Minimum Tick Size and Lot Size

The minimum tick size will indicate by how many points the stock will move when there is a change in price by a single tick. It is also important to know the monetary value of a single tick move. Obviously, the contracts traded as stock CFDs are very different from what obtains in the forex market. In forex, a Standard Lot trade will cost $100,000 to setup and is expressed as a trade volume of 1.0. In stocks, a Standard Lot is equivalent to 100 units of a stock, which is actually the value of a full stock CFD contract. However, due to the wide variation in the pricing of the various listed stocks, the monetary cost of a full contract will differ from stock to stock. For instance, the cost of setting up 1 contract for Tesla will be different from the cost of setting up 1 contract for Alcoa. The only way you can get accustomed to these variations is when you practice trading stocks CFDs on demo accounts.

F) Rollover Fee

If you intend to hold a position on a stock CFD beyond the same trading day, you will incur a fee known as the rollover fee or the swap fee. Traders who hold Islamic accounts are exempted from paying this fee. Again, it must be pointed out that the rollover fee differs from one stock CFD to another. You would do well to get this information from any of the brokers in our list.

G) The Platforms

If you scan through the stock forex brokers on our list, you will realize that nearly all of them feature the MetaTrader 4 or MetaTrader 5 platforms. A few of the brokers also offer proprietary platforms. You need to study these platforms to understand how to make certain stock CFD assets available or unavailable for trading. There are also certain nuances to get a good grasp of; some of these include how orders are placed, how to set durations for pending orders (Good till Cancelled or Good till Day), or how trade sizes are displayed (lot sizes or number of units).

A number of stock forex brokers on our list also offer proprietary platforms which are different from the MT4. If you decide to work with some of these brokers, you should study these proprietary platforms to see how you can get the best out of their stock CFD trading features.

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