What are the characteristics of a trustworthy CFD broker?
As CFD trading has become increasingly popular in recent years, the number of CFD brokers continues to grow. All trading providers can show specific characteristics in terms of services, costs, and conditions.
WHICH SPREADS DOES THE BROKER OFFER?
Spreads are the most critical differentiator for a UK CFD broker comparison. You will have to pay these fees on each trade, and if you plan to trade frequently, you should pay particular attention to the level of spreads. A good broker will not focus on your profit in the first place. Instead, he will endeavor to offer the customer attractive spaces.
WHAT OTHER COSTS ARISE?
A worthy broker offers his customers a free trading account and allows for the trading platform’s free use. The broker provides traders free real-time quotes and does not charge deposits and withdrawal fees.