Which is the best CFD broker in the world?
Fellow trader and journalist Peter Thurman performed an extensive piece of research for an article he wanted to write. It turned into a huge project, where he collected data from more than 120 different CFD brokers globally.
The project took place over 12 months, and Peter documented his findings extensively and thoroughly. He uncovered some incredible practices in the industry, and more importantly, discovered some great brokers in the process.
You think he is exaggerating? Take a look at the image below, from a well-known UK CFD broker. Do you want to trade on a 15-point spread in the Dow when there are brokers that offer you the same product for 1-point spread?
It turned out that it wasn’t the big or well known CFD companies that were the best. They had an atrocious record for widening the spread during the volatile trading times. Instead the award went to …..well… you will have to read the report.
You can download his report here in PDF format.
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