Finding the best contract for difference (CFD) trading platforms as an Icelander can be a difficult process. Most especially getting the best CFD brokers that accepts Icelander traders and would let you trade with the highest leverage on the market. Don’t worry, we’ve got you covered!
We’ve compared the top best CFD brokers that would let you as an Icelander trader, trade Global stock CFDs, Forex CFDs, Stock index CFDs, Commodity CFDs and Metals and energy CFDs.
Here’s a breakdown of the top 10 best CFD brokers in Iceland:
- Quotex – Best Overall CFD Broker In Iceland.
- Pocket Option – Best Broker For CFD Investors.
- IC Markets – Best CFD Broker With The Lowest Spreads.
- XM – Best Online Broker For CFDs Trading.
- HotForex – Great For Dedicated CFD Day Traders.
- Deriv – Award Winning International CFD Broker.
- Olymp Trade – Best CFD Broker For Online Trading.
- Exness – Best CFD Broker For Copy Trading.
- OctaFX – Most Trusted Online CFD Broker.
- ExpertOption – Best Reliable CFD Trading Platform.
Best CFD Brokers In Iceland Video
Below is the list of all the best CFD brokers that accepts Icelander traders. We’ve also included the pros & cons of each CFD broker with links to the brokers official website.
Quotex Broker
9.1
Pros
- Regulated By IFMRRC
- Foundation Year: 2019
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.2 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- Beginner Friendly
Cons
- Single Regulator
Pocket Option Broker
8.6
Pros
- Regulated By: FCA, MiFID and CySEC
- Foundation Year: 2016
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:2000
- Lowest Spreads: 0.3 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Seamless Trading
Cons
- Not The Highest Leverage On The Market
IC Markets Broker
9.2
Pros
- Regulated By ASIC, CySEC and FSA-SC
- Foundation Year: 2007
- Min. Deposit: $200
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: cTrader, MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Available
- Raw Spread Accounts With Institutional Grade Liquidity Available
- Impressive Library Of Educational Material and Videos
Cons
- Beginner Traders May Be Overwhelmed By the Choice Of Markets and Platforms
XM Broker
9.6
Pros
- Regulated By: ASIC, CySEC and IFSC
- Foundation Year: 2009
- Min. Deposit: $5
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:888
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Zero Commission On All Trades
- A Solid Educational Offering For Beginner Traders With Daily Interactive Live Trading Rooms
- Great Customer Support & Fast Withdrawals
Cons
- No Forex ECN Account
HotForex Broker
9.3
Pros
- Regulated By CySEC, DFSA, FCA, FSA-SC, FSCA
- Foundation Year: 2010
- Min. Deposit: $5
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:1000
- Lowest Spreads: 0.0 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Accounts Available
- Great Customer Support and Beginner Friendly
- Lots Of Premium MetaTrader Tools And Indicators Such as AutoChartist
Cons
- Only 56 Shares Are Available
Deriv Broker
9.6
Pros
- Regulated By MFSA, FSA, VFSC and FCA
- Foundation Year: 1999
- Min. Deposit: $1
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.5 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Great Customer Support & Fast Withdrawals
- Beginner Friendly
Cons
- No Forex ECN Account
Olymp Trade Broker
8.6
Pros
- Regulated By CySEC
- Foundation Year: 2014
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:1000
- Lowest Spreads: 0.7 Pips on Currencies
- Trading Platforms: MT4, MT5, Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- European Regulation
- Beginner Friendly
Cons
- Limited To Certain Jurisdictions
Exness Broker
8.6
Pros
- Regulated By CySEC, FCA, and FSA(JP)
- Foundation Year: 2008
- Min. Deposit: $1
- Min. Trade: 0.01 Lots
- Max. Leverage: 1:2000
- Lowest Spreads: 0.2 Pips on Currencies
- Trading Platforms: MT5, Android, iOS, Windows & Mac OS
- Commission-Free Trading Available
- Impressive Range Of Forex Pairs To Trade On
- 24/7 Customer Support In English and Chinese
Cons
- Only a Selection Of US Stocks Available
OctaFX Broker
8.6
Pros
- Regulated By: CySEC
- Foundation Year: 2011
- Min. Deposit: $10
- Min. Trade: 0.01 Micro lots
- Max. Leverage: 1:500
- Lowest Spreads: 0.1 Pips on Currencies
- Trading Platforms: MT4, MT5, cTrader, Android, iOS, Windows & Mac OS
- Wide Range Of Trading Accounts
- Forex ECN Account Available
- Access Copy Trading, Bonus Promotions and Research Tools
Cons
- Limited Commodity Markets, No Individual Stock CFDs
ExpertOption Broker
8.9
Pros
- Regulated By FMRRC, VFSC, MiFID and CySEC
- Foundation Year: 2014
- Min. Deposit: $10
- Min. Trade: $1
- Max. Leverage: 1:500
- Lowest Spreads: 0.5 Pips on Currencies
- Trading Platforms: Android, iOS, Windows & Mac OS
- Extensive Asset Coverage
- European Regulation
- Best For Beginners
Cons
- MetaTrader Or CTrader Platforms Not Offered
- Not The Highest Leverage On The Market
- Limited To Certain Jurisdictions