CFDs are leveraged products and can result in the loss of your capital. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Brokers WIth Stop Losses

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 Brokers WIth Stop Losses?

scored best in our review of the top brokers for brokers with stop losses, 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
  • Leverage up to

offers one way to trade: . If you wanted to trade EURUSD through copy trading or other means, skip to part two.

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 established for over years, and much more. For comparison:

Trust Score comparsion

Trust Score
Year Established
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 either.

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

Spread type Fixed
EUR/USD Spread
EUR/GBP Spread
Crude Oil Spread
Gold Spread Private Private Private
DAX Spread

Part 4

Trading Risk Management: Stop Loss

Trading is a high risk activity and it is important to limit the downside risk of trades by using risk management tools made available by online brokers. This is especially the case for traders who are using spread betting, or Contracts for Difference (CFDs) where a sudden, large market move against a traders position can leave the trader having to deposit additional funds with the broker, or even render trader unable to cover their open position. This may result in the traders trade being closed and if the broker does not offer negative balance protection, the trader may be liable for additional funds.

To prevent a trading loss running out of control a trader should understand how to use the variety of risk management features made available.

Stop loss – advantages and disadvantages

The stop loss pretty much does what it says. It stops the loss on a trade that has gone into deficit and is losing money. The Trader will can place a stop loss with the broker to sell the stock or contract if the price moves a set amount against the trader. A trader would need to decide an acceptable range they are willing to leave the trade open as a trader would not want the trade closed as soon as there is a small fluctuation in the price. So generally, the trader would set a price with the broker to close the trade if the market moved say 10% against the price at which the trade is opened. In this case, the trader has a stop loss at 10%. Some brokers will also accept a value, allowing the trader to set a stop loss at a certain price.

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 and the trade will be closed automatically even if the market has moved against them unknowingly. The downside of this, is that your stop loss immediately turns into a market order – and that means there is no guarantee on the price you are going to get, if the market is in turmoil and prices are falling rapidly.

The disadvantage of the stop loss, is that markets can be very volatile. If you don’t set the margin for the stop loss wide enough, you will find yourself “stopped out” of your trade because the market has fallen, only to see the market rebound minutes later. If the market has moved in your favour for some time, your original stop loss may no longer be relevant and you will need to reset it, or consider using a trailing stop.

Other Risk Management Tools:

Guaranteed Stop Loss
Limit Order
Trailing Stops

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