Best CFD Broker in China 2022


CFD or Contract for Difference is a financial instrument that replicates the performance of another financial instrument (called asset or underlying). With the CFD you do not buy a stock, but you trade on its value, up or down.

The same goes for the other asset categories: Forex pairs, cryptocurrencies, futures, etc.

If you live in China and want to trade CFDs, you need to open an account with a CFD broker as they provide the CFDs to trade with. The trader can open buy or sell positions depending on whether he wishes to invest in the rise or fall of the price of the underlying asset.

Before you open a CFD account as a trader, you should compare the most popular China CFDs brokers with each other. The choice of broker is particularly important when it comes to CFD trading.

However, due to the large selection of different offers on the Internet, it is difficult to find a safe and reputable CFD  broker in China who offers the customer a good trading offer.

Especially in China, it is confusing due to the many comparison sites, because they do not always recommend the best CFD provider. In the list below you are guaranteed to find the broker with the best trading conditions!  Also read all the important criteria of this comparison, which we have checked with more than 7 years of experience in the industry.

The 5 best CFD brokers in China listed:

  1. Capital.com
  2. OctaFX
  3. FPMArkets
  4. XM
  5. Exness

In order to find a reputable and safe CFD broker at all, you have to check the company for various criteria.  With the verification before opening an account, you can be sure that there will be no fraud. Dubious companies in particular hope that new customers will be ignorant in order to cheat them out of the invested assets. Therefore, you should read this guide completely. For a lot more information, you can also click on "Read Review" of each broker and you will receive many more facts about the CFD broker.

The criteria for a reputable and safe CFD broker in China:

  • Products offered: the markets you can trade with the broker
  • Regulations: Regulated and licensed by financial regulator
  • Cost: Favorable trading fees
  • Support: Competent customer support

What is the best CFD broker in China?

The following evaluation shows you the best CFD broker in China.

Capital.com

Capital.com

Capital.com is the winner in this comparison and one of the largest CFD brokers. The broker is regulated by several regulators and is active worldwide.

Customers can trade over 6,000 markets from as little as $20. The customer can choose between CFD trading and investments in real stocks or ETFs. Also, use a free demo account to try out the platforms. A specially developed trading platform is offered, which is based on AI technology.

Overall, the Capital.com platform is one of the best for CFD traders. You get a good overview of the assets and professional charting is possible. You can also look at key figures, webinars and analyzes and thus improve your investment decisions.

Spreads start from as little as 0.0 pips with no commissions. All accounts are treated equally at Capital.com. All functions are therefore available from $20. There are also some further training opportunities in the form of tutorials and videos. For me, Capital.com offers the best overall package for CFD trading.

Products offered

There is a wide range of markets and asset classes that users can trade with Capital.com:

  • 18 raw materials
  • 29 cryptocurrencies
  • 68 forex pairs
  • Various indices
  • Numerous stocks
  • Almost 3000 individual stocks.

Regulations

Capital.com is regulated by:

  • CySEC,
  • FCA,
  • FSA
  • ASIC

Capital.com are extremely trustworthy. They are fully compliant with ESMA legislation and in compliance with the FCA – a notoriously strict regulator. Capital.com has been featured in several respected publications (such as The Guardian and City AM). This is a platform traders can trust. The downside is protected and it is easy to set stop losses depending on your individual risk attitude.

Cost

Compared to many of its competitors, Capital.com offers some of the tightest spreads available on the market today - for example, one of the most liquid currency pairs, EUR/USD, is around 0.6 pips. Capital.com also does not charge commission on trades, and fees are only charged when positions are held open overnight. Fee details are market dependent - see website for full details.

Support

Capital.com can be contacted 16 hours a day, 7 days a week by phone, through a chat window on the website or through a messenger. You can also email a request using a web form. So, users have multiple options to get in touch with the support team. There is also an extensive FAQ section on the site that covers many important points.

The full list of contact details can be found on the Contact Us page of the website.

Pros and Cons

  • 6000+ trading assets.
  • Award-winning trading platform
  • Exclusive learning tools.
  • Built-in economic calendar, exclusive webinars and market analysis.
  • 0% commission & no hidden fees
  • Market-leading spreads and Fast order execution
  • No MT5

If you want to trade CFD with Capital.com, you can use the link  below:

OctaFX

octafx review

OctaFX is an online forex broker that was established in 2011. The brand belongs to Octa Markets Incorporated, which is headquartered in St. Vincent and the Grenadines. The provider has expanded over the years and now offers its services in more than 100 countries worldwide.

In addition, according to its own information, a total of over 6.6 million trading accounts were opened, through which 500 million trades were executed. The company aims to provide outstanding services that enable traders to access the forex market. This is to help forex traders make the most profitable and efficient trading decisions.

In recent years, OctaFX has not only managed to attract numerous users, but also to convince some experts. As a result, the company won numerous awards - including from the Global Business Review Magazine, the Global Banking and Finance Review or World Finance FX Daily Info. In 2021 alone, OctaFX received the following awards:

  • Best Forex Broker in Asia
  • Decade of Excellence in Forex Asia
  • Best trading platform
  • Best ECN Broker
  • Best Forex Broker in China
  • Best Trading Conditions Asia
  • Best Forex Copytrading Platform

A complete list of all the awards the company has received since its inception is available to traders on the website if interested.

Products offered

The variety of different tradable securities is an important criterion when choosing the right broker. The following section shows the range of asset classes and markets at OctaFX. Traders can choose between the following financial instruments:

  • Forex (currency pairs)
  • Indices, Stocks and CFDs
  • cryptocurrencies
  • raw materials

Regulations

OctaFX is authorized by the regulator of St. Vincent and the Grenadines, under license number 19776 IBC 2011. OctaFX acts in full compliance with the standards of international financial regulations and legislation.

OctaFX is also under the supervision of the International Business Companies (Amendment and Consolidation) Act 2007, as well as the International Business Companies Regulations 2008.

Cost

OctaFX is among the cheapest online brokers out there. The attractive conditions and low costs and fees are possible because the company is not based in Europe. Accordingly, the taxes are lower as well as the costs, since there is no expensive licensing process. Ultimately, it is the customers who benefit from these conditions.

How high the spreads depend on the selected account type. The minimum spread for the EUR/USD currency pair is 0.4 pips. However, it is usually around 1.1 pips. Commission fees are generally not charged at OctaFX. Swap fees are only charged when trading with a micro account. And the deposit is also free of charge with this provider.

Support

In order not to be left out in the rain as a user with questions or problems, the quality of customer service and support is also of great importance. Investors can often find the answer to their questions on the platform in the extensive FAQ section of the website.

If this is not the case, OctaFX also offers its traders customer service, which they can contact around the clock Monday to Friday with any concerns . This can be reached via live chat or via a contact form. In the footer of the website, users will also find a corresponding e-mail address, which they can also use to contact us. A telephone number, however, cannot be found.

Pros and Cons

  • Regulated
  • Easy account setup and low minimum opening balance
  • Scalping, hedging, and EAs are all permitted strategies
  • Access leverage up to 500:1 with negative balance protection
  • No registration fees or commissions
  • Some assets and currency pairs are not available to trade

If you want to trade CFD with OctaFX, you can use the link  below:

FP Markets

FP Markets Logo

FP Markets was founded in Australia in 2005 and has several offices in Asia (China). The company's main office is at Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000. The broker offers traders a comprehensive package of low trading fees, high security, professional trading platforms and fast customer support.

FP Markets accepts traders from all over the world.  Chinese traders can also easily register and trade with this provider. Over 10,000 different markets are currently tradable at FP Markets.  This broker also stands for a transparent fee model. Apart from the trading fees, there are no other costs. I haven't noticed any hidden costs for traders.

Products offered

FP Markets offers CFDs trading, Forex, commodities, indices and cryptocurrencies

Regulations

FP Markets is regulated by ASIC and CySEC.  This regulation means that the provider is subject to strict regulations. Violation of the regulation means an immediate revocation of the license. The ASIC regulation is highly trustworthy and FP Markets has to comply with certain regulations.

Cost

FP Markets stands for a very transparent fee model.  According to my review, there are no hidden costs with this CFD broker! There are no account maintenance fees. There are no fees for the Metatrader for the deposits. However, some may be incurred for the IRESS trading platforms. The fees can be viewed transparently on the homepage.

There may also be fees for the payout depending on the payment method.  The amount of the fees depends on the payment method.  For example, by bank transfer, there are only fees for international transfers at the time of withdrawal. Please refer to the homepage for the fees. FP Markets listed everything transparently there. In summary, the fees are not particularly high and, in my opinion, traders can cope with them.

Support

FP Markets offers live support 24 hours a week. The service is carried out via telephone, email or chat. From my experience, support is only available in English.

Professionally trained employees who understand how to provide good support work at FP Markets. Customer service is a top priority for them. Each trader is also assigned a personal advisor who offers to help you.

Pros and Cons

  • Regulated and licensed broker
  • High security
  • Real ECN broker with top liquidity providers
  • Cheap trading fees and spreads from 0.0 pips
  • High leverage 1:500
  • Professional trading platforms
  • Fast execution without requotes
  • Support on weekdays 24/5
  • Account manager for each customer
  • Spreads for Stocks are higher

If you want to trade CFD with FP Markets, you can use the link  below:

XM

XM broker

Founded in 2009, XM is an international CFD broker with multiple regulations and offices. The broker's main customer base is in Asia. Since 2009 XM has grown to a large and well-established international investment firm with over 3,500,000 clients.

XM is currently built of more than 450 professionals with long-year experience in the financial industry.

The broker's extensive experience combined with support for well over 30 languages, makes XM the broker of choice for beginner traders as well as more experienced traders. The broker has the expertise and the resources to help everybody realize their investment goals like only a big broker can.

At XM, 1,000 different markets are available from as little as a 0.0 pips spread. The broker promotes good execution and that there are no requotes. With zero spread accounts, however, the provider charges a commission of $3.5 per 1 lot traded.

MetaTrader 4 and 5 platforms are available for trading. These platforms are very universal and are also offered by many other CFD brokers in this comparison. The account is available from a deposit of $5. A free demo account is also possible for every customer. XM is a good CFD broker for Chinese.

Products offered

XM is very broad with over 1000+ tradable instruments. No trader should lack choice here. As mentioned above, a variety of markets are offered. Traders can invest in rising or falling prices with the popular financial product CFDs.

Markets:

  • Forex trading
  • Stock CFDs
  • Commodity CFDs
  • Indices CFDs
  • Precious Metals CFDs
  • Energies CFDs

Regulations

Another good impression I have about XM is that the broker has multiple licenses.  XM is regulated by:

  • FCA
  • CySEC
  • ASIC
  • IFSC

Cost

At XM, 1,000 different markets are available from as little as a 0.0 pips spread. The broker promotes good execution and that there are no requotes. With zero spread accounts, however, the provider charges a commission of $3.5 per 1 lot traded.

Support

XM customer service is looked after by a large number of employees. Over 30 different languages ​​are available in customer support. Chinese employees also work for the company and will help you around the clock on weekdays. Use phone, email or chat support.

Pros and Cons

  • Regulated
  • Personal Account Manager to help you with any questions
  • German support 24/5 by phone, email or chat.
  • Almost daily webinars for beginners and advanced users
  • Daily market analysis and trading signals
  • Limited product portfolio
  • Average forex and stock index CFD fees

If you want to trade CFD with XM, you can use the link  below:

Exness

Exness was founded in 2008 and strives to provide the best trading conditions in the Forex industry. The legal entity was registered in Saint Vincent and the Grenadines, where the central office is currently located.

Recently, this brokerage firm has developed at an impressive rate and is recognized to be a leader in the FX market today. The secret to their long-term success has been their continuous development, guided primarily by the systematic improvement of trading conditions.

Exness is committed to consistently improving and providing better trading services and is today trusted by millions of traders across the globe. Exness holds the following major regulations or licenses. Exness is a broker with a number of prestigious forex awards.

Products offered

Exness provides Chinese traders with an opportunity to trade currency pairs, CFDs, ETFs, securities, indices, raw materials, cryptocurrency, and precious metals.

Regulations

Exness is authorized and regulated by CySEC, FCA, South Africa FSCA, the Seychelles FSA, the BVI Financial Services Commission, and the Central Bank of Curaçao. This means that Exness can provide its services not only in Seychelles but also in Europe, Asia, Australia, and the CIS.

Cost

Exness’s trading costs are generally lower than other brokers. The fees that Exness charges are based on the type of account pertaining to commission fees. There are low spreads or commission for ECN account, also there is no deposit or withdrawal fees, but be sure to check the inactivity fee.

Support

Finally, you will get advanced support offering customer service 24/5 available in 13 languages, and 24/7 support in English and Chinese, along with comfortable conditions for trading. Exness actually scores pretty well for its support and is recognized across the financial markets for excellence.

Pros and Cons

  • Regulated
  • Minimum deposit - $1
  • High speed order execution
  • Highest forex leverage
  • Low trading costs and spreads
  • 24/7 Customer Support
  • No bonuses

If you want to trade CFD with Exness, you can use the link  below:

Conclusion

On this page, I have described my experiences with the best CFD brokers in China.  Nowadays there are many good providers in this field. Brokers are a very important topic for every trader because the customers' capital should be managed safely and trustingly.

All providers compared above meet the highest standards for your trading. They are regulated, offer professional trading platforms and excellent support. In addition, the fees are extremely low, so switching is worthwhile in most cases.

Use the demo account first to be sure to take a closer look at the brokers. So nothing stands in the way of your profits and you can start trading.

I wish you every success in trading.