Trading CFDs is one of the most popular forms of online trading. Europe is one of the biggest global financial markets hub. There are a lot of investors in Europe who have appreciated the potential offered by online investments. CFD trade is quite big in Europe as well. There are a lot of CFD brokers in Europe. CFD trade involves speculating on the rise of all of the prices of fast-moving global financial market instruments. In CFD trading you can trade with an instrument of your choice. The instruments include shares, indices, currency pairs, treasuries, and commodities. The key is to be able to analyze the financial markets and come up with robust trading strategies. You should be able to anticipate certain trends so that you are able to make correct predictions.
In order to achieve all this, you should work with a trustworthy and enabling CFD broker. As mentioned above, there are a lot of CFD brokers available in Europe. For a beginner CFD trader it would be difficult to identify the best CFD broker. As such, we went out and explore the various CFD brokers available for European traders. In that regard, we explored the trading platforms offered by various brokers and the tools and resources they offer their traders. The trading environment offered by your broker counts for a lot as far as being able to make correct predictions is concerned. Our in-depth explorations led to the conclusion that IQ Option is the best CFD broker in Europe.
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My Recommended Brokers Updated January 2020
|Broker||Min Deposit ($)||Min Stake ($)||Max Payout (%)|
|IQ Option||10||1||95||1st Choice|
|Olymp Trade||10||1||92||3rd Choice|
Anyone who has been in the CFD trading space for a while has certainly heard about IQ Option. IQ Option is one of the most popular CFD brokers in Europe. IQ Option trading platform is owned by IQ Options Europe Ltd. It is a Cyprus-based company and is regulated by Cysec. Cysec is one of the most renowned and respected regulatory bodies in the online trading space. IQ Option is available for all European traders.
IQ Option has been around for almost a decade now and has continued to improve its services and trading platforms. It’s superior trading tools and resources have seen it gather over 17 million subscribers over the decade it has been in operation. IQ Options trading platform and accounts standout from the rest of the brokers as they are optimized to ensure seamless navigation and trading for the traders.
IQ Option operates a desktop platform, a web-based platform, and an app platform. All these platforms have all the essential tools and resources, although the resources available to you depend on which account you are on. The platforms are easy to navigate while trading. The web-based platform can be accessed from all kinds of browsers, while the desktop and app platforms are easy to download and install. The app is available on both apple store and play store.
IQ Option offers three kinds of trading accounts. The cheapest account is the entry-level account that requires a minimum deposit of $10. This is a basic account whose minimum trade is $1. It is an ideal account for a beginner who’s trying to learn the ropes of CFD trading. If you are a completely green beginner, you should start on the demo account. IQ Option offers a demo account through which beginners can get acquainted with the ropes of CFD trading.
For veteran and experienced traders, IQ Option offers a top-level account and a VIP account. To get to the top level account you must make a minimum deposit of $1000. This account comes with special privileges such as an account manager and trading alerts. If IQ Option notices that you are a high-caliber trader the platform they might invite you for a VIP account. The VIP account requires a minimum deposit of $3000. It comes with privileges such as a personal mentor, trading alerts research and reviews, and a string of other resources that might help you make correct predictions.
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