CFDs are leveraged products and 73% of retail traders lose money when trading CFDs.Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Guaranteed Stop Loss

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:


Part 1

Why Choose
For Guaranteed Stop Loss?

scored best in our review of the top brokers for guaranteed stop loss, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages

offers one way to trade. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being segregating client funds, being established for over

Trust Score comparison

Trust Score
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you’ll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn’t available in the following countries: . They do not offer islamic accounts .

Part 3

A Comparison of vs. vs.

Want to see how stacks up against and ? We’ve compared their spreads, features, and key information below.

Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Base currency options
Funding options
Micro account
ECN account

Part 4

What is a guaranteed stop loss?

The main advantage of a stop loss is that it means a trader does not have to watch the markets at all times and if a major market-moving event occurs, the trader does not have to be online as the trade will be closed automatically even if the market has moved against them unknowingly.

The stop loss is one of the basic tools of risk management for traders, as it can prevent major losses. However, one weakness of the stop loss, is that when it is triggered, it doesn’t produce a sale at the stop loss price. Instead, the stop loss triggers a sale at the market price that pertains when the stop loss is triggered.

At first, these may seem to be very much the same thing. In a normal market, they generally are. Say that you have a stop loss on a stock set at £4.75. The stock trades below that price during a market session, triggering the sale of your shares – probably close to £4.75, minus the spread – let’s say £4.73.

Now let’s consider a different market scenario. The London Stock Exchange closes for the day with your stock trading at £4.90. Overnight, an unexpected event occurs that the market sees as very bad news. When trading opens, your stock opens at £4.00, way below your stop loss. Nevertheless, your stop loss is triggered, and the sale takes place at let’s say£3.98 (to account for the spread).

It can be much worse if there’s panic selling and a time delay in executing orders because the trade will be executed at any price. In this way, the stop loss may protect a trader in one set of market conditions but be of little use in a different context. And the triggering of stop losses may add massive momentum to a downward spike, as market orders pile up.

Don’t forget that this process is exactly the same if you have shorted a stock, except that the stop loss will be above the price at which you shorted, and you will be seeking protection against unexpected rises in the market.

Sudden rises or falls are an example of the way in which a simple stop loss is just a market order, not a guarantee that can always save you from a thumping loss. When the market “gaps” like this – moves in very large, rapid steps – a stop loss is unable to perform its risk management job.

For this, you need a guarantee, that once the stop less level is triggered, your stock will be sold at the price specified. This is a “guaranteed stop” – it offers much better protection to the trader but it comes at a price.

When you are entering your trade, most online trading platforms will offer the option of a guaranteed stop and will adjust the margin requirement or deposit required, to reflect the cost of the guarantee. For example, the LCG website quotes the cost of the guaranteed stop loss wherever the guarantee is available. The premium is charged to the trader’s account when the position is opened.

You can’t usually use Trailing Stops with guaranteed stops. Other restrictions are that guaranteed stops are only available in certain markets, and you can’t usually put one in place if the market isn’t open. Most brokers take guaranteed stop requests at their discretion, so they may decline an unusual request.

Guaranteed stops come at a price, but by limiting risk they can help a trader to survive when markets are very volatile. Next: Learn more about limit orders (the opposite of stop losses).

Jump to top
Loading icon

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.