WiseAlpha CFD

Adam Rosen - Lead financial writer

Updated 11-May-2024

WiseAlpha CFD

You can take a position on the price of an instrument through contract for difference (CFD) with the WiseAlpha trading platform. CFD trading with WiseAlpha involves no ownershop of the underlying asset. One of the most remarkable characteristics of WiseAlpha CFDs is that they give investors the opportunity to profit from declining markets in addition to those that are rising, and vice versa.

A contract for difference, also known as a CFD, is a form of financial derivative available on WiseAlpha, that enables the trader to speculate on the movement of the price of an asset against WiseAlpha.

WiseAlpha CFDs are distinguished from other financial products on the market by a number of important characteristics.

You are not actually the owner of the underlying asset when you engage in CFDs with WiseAlpha, CFDs are a type of derivative trading; rather, you are merely making a speculation as to the extent to which its value will increase or decrease over the course of a given period of time against the broker WiseAlpha.

WiseAlpha Leverage in Contracts for Difference

The type of derivative known as a contract for difference (CFD) enables investors to use leverage on the WiseAlpha trading platform to enter into a trade by initially contributing only a portion of the asset's full value. This means that you can invest a smaller amount of money to trade a position that is higher in value with WiseAlpha; however, it also means that your losses will be magnified if you make a significant error or your WiseAlpha CFD trade does not go in your favor. WiseAlpha leverage can range from 2:1 all to way to 30:1. WiseAlpha is limited due to financial regulation in your local country. The greater the WiseAlpha leverage the greater the risk. There is a high percentage of losing traders with WiseAlpha leveraged CFD products. WiseAlpha traders should be aware of the risks before trading leverage on WiseAlpha.

Trading contracts for difference (CFDs) on WiseAlpha involves using leverage, which means that you can control a large position in an asset without having to put up the full cost of that position. If you want to open a WiseAlpha trade on 500 shares of Tesla, for instance, you might be required to put up only 5 percent of the total amount with WiseAlpha of the trade instead of the full amount.

The Concept of WiseAlpha Margin

There are two different types of margin used in WiseAlpha CFD trading. In order to initiate a WiseAlpha position, it is necessary to first make a WiseAlpha margin deposit. After the WiseAlpha trade has been opened, there is a necessary amount of WiseAlpha maintenance margin that must be paid. Should you be unable to respond to this WiseAlpha margin call by making an additional deposit of funds, WiseAlpha may decide to close your position.

What kinds of instruments am I able to trade with WiseAlpha?

WiseAlpha provide CFD clients with access to a selection of more than a hundreds of different CFD markets, some of which may include CFD US stocks, CFD UK Stocks, Indices CFDs, CFD commodities, Forex currency CFDs, and others on the WiseAlpha CFD trading platform. Some WiseAlpha CFD financial instruments may not be available on all countries.

How to Engage in WiseAlpha CFD Trading

You have the option of trading stocks, indices, commodities, and forex CFDs when you use WiseAlpha. You will find that every type of WiseAlpha CFD has its own requirements for spread, available leverage, and margin, which you can use to better plan your WiseAlpha trade and its associated costs.

Pick WiseAlpha CFD financial instruments that best suits you

Your choice of underlying asset on WiseAlpha is an important decision to make when trading contract for difference (CFD) products like shares, indices, or commodities with WiseAlpha. Whatever financial instrument you trade with WiseAlpha make sure you have an in-depth understanding of the underlying assets that you are trading with WiseAlpha. Alternately, you can find out which WiseAlpha markets are making headlines by keeping up with the most recent market analysis reports and videos on the WiseAlpha platform. You can learn the particulars of each WiseAlpha CFD by going to the WiseAlpha page that is dedicated to the contract specifications. On this WiseAlpha page, you will find information about the specifics of WiseAlpha instrument leverage as well as the trading costs.

Take A WiseAlpha CFD Position

Depending on whether you believe that the price of your asset will go up or down, you have the option of opening either a long position (buying) or a short position (selling) on WiseAlpha.

Because the value of a unit of the CFD that you are trading on WiseAlpha will vary depending on the instrument, you need to determine the number of WiseAlpha units that will provide you with the greatest benefit.

Price of WiseAlpha spreads

WiseAlpha CFD traders are spared many of the costs associated with traditional trading; however, they are still required to pay WiseAlpha spreads, which are the WiseAlpha costs associated with entering and leaving positions.

How Do Taxes Apply to WiseAlpha CFDs?

WiseAlpha CFDs are exempt from stamp duty in some countries because the underlying asset is not owned by the WiseAlpha investor; however, capital gains tax on WiseAlpha trades may still be applicable depending on your country of residence. When compared to traditional trading, WiseAlpha CFDs offer one area in which traders can cut costs and may save money overall. Please check your situation regarding WiseAlpha CFD taxes with a local tax professional.

Trading in WiseAlpha CFDs using Short and Long Positions

You could sell a contract for difference (CFD) on WiseAlpha that is based on Gas if you think the price of gas is going to go down on WiseAlpha. You will make a profit when you close the short position if the price of Gas goes down on WiseAlpha, but you will incur a loss with WiseAlpha if the price of Gas goes up. The profit or loss from a WiseAlpha position is not realised until after the WiseAlpha position has been closed, regardless of whether the position was long or short with WiseAlpha.

WiseAlpha CFD long verses going short

If you believe an asset's price will go down in the future, you have the option to sell it when trading WiseAlpha CFDs. You can make money off of falling prices with WiseAlpha by engaging in this strategy, which is also known as "going short." Because you are purchasing an asset when you engage in traditional share dealing, the only way for you to make a profit is if the price of the asset increases.

Using WiseAlpha CFDs to sell short is accomplished in essentially the same way as using them to buy WiseAlpha long positions. However, rather than buying contracts to open your WiseAlpha position, you will be selling the contracts. By doing so, you will open a WiseAlpha trade that results in a profit if the price of the underlying market falls, but a WiseAlpha loss if the price of the underlying market rises.

Managing risk in WiseAlpha CFD trading

Because WiseAlpha CFDs are leveraged, it is essential to carefully manage any risk that may arise when trading with WiseAlpha. Take WiseAlpha profits and cut losses are two important tools that can be used when trading with WiseAlpha to help control risk on each trade. Standard stop losses are not effective one hundred percent of the time with WiseAlpha because they are prone to slippage, which occurs when the market gaps' over your WiseAlpha stop.

You must educate yourself on the potential downsides of trading CFDs on the WiseAlpha trading platform.

Does a WiseAlpha CFD expire

You have the option of trading a contract for difference (CFD) on WiseAlpha that expires or one that does not; daily WiseAlpha CFDs have an expiration date, whereas WiseAlpha forward CFDs will expire at a predetermined time in the foreseeable future.

Daily CFDs on WiseAlpha do not have an expiration date, whereas WiseAlpha forward CFDs will expire on a specific date at some point in the future.

Daily contract for difference WiseAlpha trades are typically designed for positions that are held for a relatively short period of time with WiseAlpha; however, they may be more cost effective if held with WiseAlpha for several days or longer.

Do day traders trade WiseAlpha CFDs?

Yes. CFDs are a popular choice among day traders who use WiseAlpha because of the high risk leverage that is available with them as well as the variety of WiseAlpha markets that can be traded.

The benefits of trading WiseAlpha CFDs

CFDs, or contracts for difference, are a popular way for WiseAlpha investors to buy and sell across a variety of financial markets available with WiseAlpha. This provides active WiseAlpha traders with several benefits.

WiseAlpha CFD Flexibility

You can engage in trading on declining markets with WiseAlpha CFDs in addition to trading on rising markets even if you do not own any real assets like stock on WiseAlpha.

WiseAlpha CFD Leverage

You won't have to commit a large amount of capital with WiseAlpha if you use a modest sum of money to control a position that has a significantly higher value. WiseAlpha traders must understand that leverage holds a high amount of risk.

WiseAlpha CFD Hedging

Due to the fact that WiseAlpha CFDs enable short selling, investors frequently use them as a form of "insurance" to compensate for losses that have been incurred in other assets in their portfolios. This practise is referred to as hedging and can be done on WiseAlpha.

Hedging existing WiseAlpha positions is one of the less common applications for contracts for difference (CFDs).

WiseAlpha CFD Regulation

WiseAlpha financial regulation is the first thing you should check. If a CFD broker does not have a licence or is not subject to any kind of regulation, it is not safe to entrust your money to them. WiseAlpha is regulated by . Brokers like WiseAlpha operating online who have been granted official licences by governing bodies in the financial industry are reliable and trustworthy. If you have any problems you may want a financial regulator to help you resolve any issues with WiseAlpha. Before you sign up, make sure the stated WiseAlpha regulatory licences are real and valid.

WiseAlpha CFD Market Risk

In the event that the value of the assets that underlie a WiseAlpha investment increases, the WiseAlpha investor stands to benefit from increased profit returns. Nevertheless, a sudden shift for the worse in market conditions can occur, and this can have an effect on the return on your WiseAlpha investment.

Money at Risk with WiseAlpha CFDs

In nations where trading in WiseAlpha CFDs is permitted by law, there are laws in place to shield WiseAlpha investors from potentially deceptive or fraudulent service providers. It's possible that a CFD provider that is not regulated will take an initial margin out of the pooled funds and put it into one or more individual funds. There is a possibility that the CFD providers will not return the money to their customers. WiseAlpha is well regulated by . This means that the financial regulators will not allow WiseAlpha to operate in their jurisdiction if they do not stick to specific regulator codes of conduct for clients.

Your current WiseAlpha contract may become illiquid if there are not many trades taking place in the market for the specific underlying asset that you are trading with WiseAlpha. Because of the lower prices, the WiseAlpha CFD provider might be required to cancel open contracts, or if they want the trades to continue operating on WiseAlpha, some WiseAlpha traders might be required to make additional WiseAlpha margin payments.

The financial markets are subject to a wide range of fluctuations, and as a result, the price of the WiseAlpha CFD may go down prior to the execution of the price that was previously agreed upon with WiseAlpha. This phenomenon is referred to as gapping. The parties currently holding the existing WiseAlpha contract might be forced to settle for profits that are lower than they would prefer or pay for WiseAlpha losses.

Margin calls for WiseAlpha CFDs

Before engaging in any transactions, a trader in WiseAlpha CFDs is required to first fund his or her WiseAlpha trading account with a sum of money referred to as the initial margin. WiseAlpha will check once per day to see if the initial margin you put up is equivalent to the current value of the underlying asset. This step, which is also known as "mark to market," is an essential component of the WiseAlpha CFD trading process.

You have been given a WiseAlpha margin call, which means that you are required to immediately pay in additional money in order to bring your WiseAlpha account in line with the realities of the market. If you are unable to come up with the funds, it is possible that WiseAlpha will close all of your open trading positions, and you will be responsible for any losses that occur as a result.

WiseAlpha CFD Risks in a Market that is Volatile

Financial markets can be highly volatile when trading WiseAlpha CFDs.

When the price of an underlying asset experiences a gap, it is possible for it to pass through the stop price that was established with a WiseAlpha stop loss order. The WiseAlpha trader suffers a loss that more than they had anticipated because the WiseAlpha stop order was carried out at the next available price. This can add unexpected risk when trading CFDs with WiseAlpha.

If something like this occurs, you might end up maintaining your WiseAlpha position for a longer period of time than you had originally intended, which will result in interest being charged on the WiseAlpha leverage.

Additionally, there is a possibility that the WiseAlpha spreads will widen because of liquidity concerns. When trading WiseAlpha CFDs, it is best to stick with underlying assets that have a high level of liquidity on the WiseAlpha trading platform.

WiseAlpha CFDs are considered to be a leveraged product

It is possible that you will make a WiseAlpha profit if the market moves in your direction; however, it is also possible that you will suffer significant losses if the WiseAlpha trade goes against you. You can gain exposure to the markets by using WiseAlpha leverage, which requires you to deposit only a small fraction of the total value of the trade you wish to place with WiseAlpha.

The possibility of having a WiseAlpha CFD account closed

If you trade on international markets outside of the typical hours of operation for those markets, there is a chance that the balance in your WiseAlpha account could shift rapidly. It is possible that you will not be able to close-out any of your WiseAlpha positions on the WiseAlpha platform if you do not have sufficient funds in your WiseAlpha account to cover the possibility of incurring losses.

Monitoring your WiseAlpha account and making adjustments to your WiseAlpha margin, whether up or down, is recommended.

Managing WiseAlpha CFD Trading Risks

Maintain a current awareness of the news and events that pertain to the underlying assets you trade on WiseAlpha. You can control your exposure to WiseAlpha CFD risk by keeping a close eye on all of your open WiseAlpha positions.

A stop loss order is an order placed by a WiseAlpha trader to close his open position in a contract for difference (CFD) when the price of the underlying asset falls below a certain level. This level is referred to as the stop price on WiseAlpha.

A WiseAlpha guaranteed stop loss order is used to stop WiseAlpha orders but has stricter requirements. It ensures the WiseAlpha trader that their position will be closed and his or her WiseAlpha market order will be executed, regardless of whether or not the price of the underlying asset gaps fluctuates. WiseAlpha may charge additional fees for guaranteed stop loss orders.

If you have a WiseAlpha stop loss order set at a price that is relatively close to the current price of the underlying asset, you will be able to trade WiseAlpha CFDs with a greater degree of financial leverage. This is due to the fact that the WiseAlpha stop loss orders should protect you from suffering significant losses with WiseAlpha in the event that the market moves against you.

However, when trading WiseAlpha CFDs, you need to exercise extreme caution regarding how closely the price of the asset you are betting on corresponds to its current value on WiseAlpha.

You can protect yourself from losing more money than is currently available in your WiseAlpha trading account by making use of a tool called negative balance protection. It eliminates the possibility of the WiseAlpha trader owing money to the WiseAlpha broker and prevents the WiseAlpha trader from having to obtain loans or overdrafts in order to finance their WiseAlpha trading activities.

WiseAlpha take profit orders and WiseAlpha stop loss orders are two important tools that can assist you in managing the risk that is associated with your WiseAlpha CFD trading.

Stop losses are predetermined levels of a WiseAlpha trade's losses that, once reached, limit the amount of potential loss that the WiseAlpha trade is exposed to. Standard WiseAlpha stop losses, on the other hand, do not have a success rate of one hundred percent because they are susceptible to slippage in the event that your WiseAlpha position has "gaps" over your stop date.

How Do The WiseAlpha CFD Compare Against Other Brokers?

  • WiseAlpha Broker CFDs

    Visit WiseAlpha

    WiseAlpha CFD stocks:
    WiseAlpha US CFD stocks: No
    WiseAlpha UK CFD stocks: No
    WiseAlpha CFD Indices:
    WiseAlpha Commodity CFDs:
    WiseAlpha ETF CFDs:
    WiseAlpha Forex CFDs: No

    🀴 WiseAlpha is Used By: 10,000
    ⚑ WiseAlpha is Regulated by: Financial Conduct Authority (FCA)

    πŸ’΅ What You Can Trade with WiseAlpha: Forex, Commodities, Indices, Stocks, Crypto, Futures, CFDs
    πŸ’΅ Instruments Available with WiseAlpha: 258

    πŸ“ˆ WiseAlpha Inactivity Fees:
    πŸ’° WiseAlpha Withdrawal Fees: varies
    πŸ’° WiseAlpha Payment Methods: WiseAlpha,Credit cards, Skrill, Neteller,
    πŸ’° WiseAlpha Account Base Currencies:

    WiseAlpha Risk warning : Your capital is at risk

  • IC Markets Broker CFDs

    Visit IC Markets

    IC Markets CFD stocks: 110
    IC Markets US CFD stocks: Yes
    IC Markets UK CFD stocks: Yes
    IC Markets CFD Indices: 25
    IC Markets Commodity CFDs: 20
    IC Markets ETF CFDs: 30
    IC Markets Forex CFDs: Yes

    🀴 IC Markets is Used By: 180,000
    ⚑ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

    πŸ’΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
    πŸ’΅ Instruments Available with IC Markets: 232

    πŸ“ˆ IC Markets Inactivity Fees: No
    πŸ’° IC Markets Withdrawal Fees: No
    πŸ’° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
    πŸ’° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

  • Roboforex Broker CFDs

    Visit Roboforex

    Roboforex CFD stocks: 8,400
    Roboforex US CFD stocks: Yes
    Roboforex UK CFD stocks: Yes
    Roboforex CFD Indices: 30
    Roboforex Commodity CFDs: 20
    Roboforex ETF CFDs: 50
    Roboforex Forex CFDs: Yes

    🀴 Roboforex is Used By: 10,000
    ⚑ Roboforex is Regulated by: Financial Services Commission (FSC) License 000138/437

    πŸ’΅ What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with Roboforex: 100

    πŸ“ˆ Roboforex Inactivity Fees: No
    πŸ’° Roboforex Withdrawal Fees: Yes
    πŸ’° Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
    πŸ’° Roboforex Account Base Currencies: USD, EUR, XAU

    Roboforex Risk warning : Losses can exceed deposits

  • AvaTrade Broker CFDs

    Visit AvaTrade

    AvaTrade CFD stocks: 625
    AvaTrade US CFD stocks: Yes
    AvaTrade UK CFD stocks: Yes
    AvaTrade CFD Indices: 32
    AvaTrade Commodity CFDs: 27
    AvaTrade ETF CFDs: 59
    AvaTrade Forex CFDs: Yes

    🀴 AvaTrade is Used By: 200,000
    ⚑ AvaTrade is Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

    πŸ’΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    πŸ’΅ Instruments Available with AvaTrade: 1000

    πŸ“ˆ AvaTrade Inactivity Fees: No
    πŸ’° AvaTrade Withdrawal Fees: No
    πŸ’° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
    πŸ’° AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD

    AvaTrade Risk warning : 71% of retail CFD accounts lose money

  • FP Markets Broker CFDs

    Visit FP Markets

    FP Markets CFD stocks: 9,000
    FP Markets US CFD stocks: Yes
    FP Markets UK CFD stocks: Yes
    FP Markets CFD Indices: 14
    FP Markets Commodity CFDs: 6
    FP Markets ETF CFDs: 250
    FP Markets Forex CFDs: Yes

    🀴 FP Markets is Used By: 10,000
    ⚑ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)

    πŸ’΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with FP Markets: 100

    πŸ“ˆ FP Markets Inactivity Fees: No
    πŸ’° FP Markets Withdrawal Fees: No
    πŸ’° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
    πŸ’° FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    FP Markets Risk warning : Losses can exceed deposits

  • NordFX Broker CFDs

    Visit NordFX

    NordFX CFD stocks: 65
    NordFX US CFD stocks: No
    NordFX UK CFD stocks: No
    NordFX CFD Indices:
    NordFX Commodity CFDs: 20
    NordFX ETF CFDs: 50
    NordFX Forex CFDs: Yes

    🀴 NordFX is Used By: 10,000
    ⚑ NordFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

    πŸ’΅ What You Can Trade with NordFX: Forex, Majors, Metals,
    πŸ’΅ Instruments Available with NordFX: 50

    πŸ“ˆ NordFX Inactivity Fees: No
    πŸ’° NordFX Withdrawal Fees: No
    πŸ’° NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
    πŸ’° NordFX Account Base Currencies: USD, EUR

    NordFX Risk warning : Losses can exceed deposits

  • XTB Broker CFDs

    Visit XTB

    XTB CFD stocks: 1,800
    XTB US CFD stocks: Yes
    XTB UK CFD stocks: Yes
    XTB CFD Indices: 42
    XTB Commodity CFDs: 22
    XTB ETF CFDs: 114
    XTB Forex CFDs: Yes

    🀴 XTB is Used By: 250,000
    ⚑ XTB is Regulated by: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

    πŸ’΅ What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with XTB: 4000

    πŸ“ˆ XTB Inactivity Fees: Yes
    πŸ’° XTB Withdrawal Fees: No
    πŸ’° XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
    πŸ’° XTB Account Base Currencies: USD, GBP, EUR

    XTB Risk warning : 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Pepperstone Broker CFDs

    Visit Pepperstone

    Pepperstone CFD stocks: 253
    Pepperstone US CFD stocks: No
    Pepperstone UK CFD stocks: No
    Pepperstone CFD Indices: 14
    Pepperstone Commodity CFDs: 16
    Pepperstone ETF CFDs: 250
    Pepperstone Forex CFDs: Yes

    🀴 Pepperstone is Used By: 89,000
    ⚑ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

    πŸ’΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    πŸ’΅ Instruments Available with Pepperstone: 100

    πŸ“ˆ Pepperstone Inactivity Fees: Yes
    πŸ’° Pepperstone Withdrawal Fees: No
    πŸ’° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
    πŸ’° Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD

    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • XM Broker CFDs

    Visit XM

    XM CFD stocks: 1,240
    XM US CFD stocks: Yes
    XM UK CFD stocks: Yes
    XM CFD Indices: 28
    XM Commodity CFDs: 15
    XM ETF CFDs: 250
    XM Forex CFDs: Yes

    🀴 XM is Used By: 10,000,000
    ⚑ XM is Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

    πŸ’΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
    πŸ’΅ Instruments Available with XM: 1000

    πŸ“ˆ XM Inactivity Fees: Yes
    πŸ’° XM Withdrawal Fees: No
    πŸ’° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
    πŸ’° XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • eToro Broker CFDs

    Visit eToro

    eToro CFD stocks: 2,000
    eToro US CFD stocks: Yes
    eToro UK CFD stocks: Yes
    eToro CFD Indices: 30
    eToro Commodity CFDs: 31
    eToro ETF CFDs: 65
    eToro Forex CFDs: Yes

    🀴 eToro is Used By: 20,000,000
    ⚑ eToro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
    πŸ’° eToro Withdrawal Fees: Yes
    πŸ’° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
    πŸ’° eToro Account Base Currencies: USD

    eToro Risk warning : 76% of retail investor accounts lose money when trading CFDs with this provider.

  • FXPrimus Broker CFDs

    Visit FXPrimus

    FXPrimus CFD stocks: 50
    FXPrimus US CFD stocks: Yes
    FXPrimus UK CFD stocks: Yes
    FXPrimus CFD Indices:
    FXPrimus Commodity CFDs: 20
    FXPrimus ETF CFDs: 50
    FXPrimus Forex CFDs: Yes

    🀴 FXPrimus is Used By: 10,000
    ⚑ FXPrimus is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)

    πŸ’΅ What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
    πŸ’΅ Instruments Available with FXPrimus: 130

    πŸ“ˆ FXPrimus Inactivity Fees: No
    πŸ’° FXPrimus Withdrawal Fees: Varies
    πŸ’° FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
    πŸ’° FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN

    FXPrimus Risk warning : Losses can exceed deposits

  • easyMarkets Broker CFDs

    Visit easyMarkets

    easyMarkets CFD stocks: 50
    easyMarkets US CFD stocks: Yes
    easyMarkets UK CFD stocks: Yes
    easyMarkets CFD Indices:
    easyMarkets Commodity CFDs: 20
    easyMarkets ETF CFDs: 50
    easyMarkets Forex CFDs: Yes

    🀴 easyMarkets is Used By: 142,500
    ⚑ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

    πŸ’΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
    πŸ’΅ Instruments Available with easyMarkets: 200

    πŸ“ˆ easyMarkets Inactivity Fees: No
    πŸ’° easyMarkets Withdrawal Fees: No
    πŸ’° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    πŸ’° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk


CFD Broker Reviews

If Wisealpha isn’t quite what you are looking for you can check out some of the best Wisealpha alternatives below.

Wisealpha CFD Alternatives Guides

If you would like to see Wisealpha compared against some of the best Wisealpha CFD alternatives available right now you can do so by clicking on the links below.