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Compare 4 Best CFD Brokers in Portugal 2025
In this guide
This detailed guide is the result of our extensive research. We’ve picked out the top CFD trading platforms that offer the best service to help you start CFD trading in Portugal.
To identify the best services, we created a checklist of key criteria that a Portugal CFD broker must meet in order to earn a high ranking. The features it must offer include:
- Regulatory approval from the Comissão do Mercado de Valores Mobiliários (CMVM), the financial regulator in Portugal
- A low-cost way to trade CFDs in Portugal
- A free demo account for beginners
- A significant number of available trading instruments, including stocks, forex, commodities, and crypto CFDs where available
The results are clear: Our panel recommends IG Markets as the best CFD broker in Portugal for 2025.
Best CFD brokers Portugal
Copy link to sectionAlongside IG Markets , a number of other Portugal CFD brokers impressed the experts. We rank these platforms highly, as CFD trading platforms in Portugal that offer a secure, simple, and low cost trading experience.
IG Markets
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
DEGIRO
Investing involves risk of loss
Our top 4 best CFD trading platforms in Portugal, reviewed & compared
Copy link to sectionWe found 11 online brokers for users based in
1. IG Markets: Best for trusted and transparent trading
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Overview
We love IG because it’s one of the most established and reputable names in the online trading industry, known for its reliability, comprehensive market offerings, and strong regulatory compliance. IG offers CFD trading in stocks, forex, commodities, indices, ETFs and more, with plenty of useful plugins and integrations to improve the trading experience.
One of the key strengths of IG Markets is its seamless integration with MetaTrader 4 (MT4), a popular third-party trading platform favored by many traders for its advanced charting tools, automated trading capabilities, and custom indicators. This integration allows users to leverage MT4’s sophisticated features while benefiting from IG Markets’ competitive pricing, reliable execution, and extensive market access.
Beyond its product range and platform integrations, IG Markets stands out for its commitment to education and customer support. The company offers a wealth of educational resources, such as webinars, tutorials, and market analysis, which help traders of all levels improve their knowledge and skills.
The fees: For most assets, you don’t pay a trading fee but will be charged through the spread instead. That’s the difference between the buy and sell price of an asset. IG’s spreads are competitive but variable: you’ll pay a smaller spread on popular assets compared to less popular ones. Share trading works differently, and you’ll be charged a minimum fee on each trade of at least $15.
Highlights
| No. of tradable assets | 17,000+ |
| Min. Deposit | $0 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETFs, Forex CFDs, Crypto CFDs, Index CFDs, Commodities |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSCA, MAS, FMA, ASIC, FCA, BaFin, FINMA, DFSA, BMA, CFTC, NFA |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
2. Bitpanda: Best for fractional & small scale investing
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Overview
We love Bitpanda because it’s an all-in-one investment platform. BitPanda offers 250+ assets, including hundreds of stocks and exchange traded funds.
Bitpanda’s fractional shares option is one of its standout features, especially to new investors, or those with limited capital. With fractional shares, you can purchase small portions of expensive stocks allowing the flexibility to start investing with small amounts (€1 minimum) and gradually build your investment portfolio.
Small-scale investing is just one of Bitpandas best features. It also offers a user-friendly interface that simplifies the investment process. Its transparent fee structure means you’ll be fully aware of any costs before making a trade. There’s also a wealth of educational resources making it an excellent choice for investors wanting to learn more.
The fees: Bitpanda’s fees are easy to understand. All fees are included in the spread, so you won’t be charged a commission on your trades. A premium of 1.5% is included as part of the buy and sell price of each asset.
Highlights
| No. of tradable assets | 3000+ |
| Min. Deposit | €25 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Stocks, Crypto, Commodities, ETFs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FMA, MiFID II, BaFin, VASP, PSD2, EMI |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | Depending on method |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
3. Degiro. Best for 0% commission on US stocks
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Overview
Degiro is a low-cost platform, making it a great choice for UK investors who want to keep fees to a minimum.
When we tested Degiro, we were impressed by its straightforward, no-frills approach. The platform is designed to be simple and efficient, which is perfect for beginners.
One of the main advantages of Degiro is its low fees. There are no inactivity fees or hidden charges, and the trading costs are among the lowest we’ve seen. You can buy and sell US listed shares and pay just €1 commission.
This makes it ideal if you’re looking to invest without having your profits eaten away by fees. However, it’s worth noting that Degiro doesn’t offer commission-free trading, unlike some other platforms.
Degiro is also regulated by top financial authorities, including the FCA. The platform offers access to a wide range of global markets, which is great if you want to diversify your portfolio beyond UK stocks.
We also liked that Degiro provides a user-friendly mobile app, which makes it easy to manage your investments on the go.
However, the platform is quite basic when it comes to research tools and educational content. If you’re a beginner who wants in-depth guidance, you might find this lacking.
Overall, we think Degiro is an excellent choice for UK investors focused on low-cost trading. It’s simple, cost-effective, and gives you access to a broad range of markets. While it might not have all the bells and whistles, it’s a reliable platform for getting started with investing.
The fees: All stock trades come with a €1 handling fee. US stock trading has no other fees, UK stock trading costs $1.75, and European stock trading costs €3.90. The rest of the world costs €5. A core selection of ETFs are free to trade, other global ETFs cost €2 plus a €1 handling fee. Derivative trading costs €0.75. There are no inactivity, deposit, or withdrawal fees.
Highlights
| No. of tradable assets | 2,000,000 + |
| Min. Deposit | $0 |
| ID verification required | Yes |
| Free demo account | No |
| Supported assets | Stocks, Index prices, Commodities |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | BaFin |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
Investing involves risk of loss
4. Eightcap. Best online broker for choice of trading platform
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Overview
We love Eightcap because you have several trading platforms to choose from. You can choose between MetaTrader 4, MetaTrader 5, and TradingView. All of these platforms are favourites among retail traders. With the MetaTrade suite of platforms, you can access lots of technical indicators, custom tools, and expert advisors.
TradingView with Eightcap allows you to trade directly from your charts while accessing the hundreds of tools and features available. Eightcap a selection of over 200 crypto CFDs so there’s an excellent range to choose from. You can trade the biggest coins like BTC/USD and many altcoins like DOGE/USD.
The fees: Eightcap is a CFD broker and charges spread, commissions, or a combination of both. There are two account types available, RAW, and Standard. The RAW account has ultra-low spreads starting from 0.0 pips but charges $3.5 RT per lot. The standard account is commission-free for most assets and spreads start from 1 pip.
Highlights
| No. of tradable assets | 800+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stocks, Crypto, Commodities, , Index prices |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC |
Fees & Costs
| Trading fees | Yes |
| Inactivity fees | No |
| Rollover/overnight fees | Yes, on certain assets |
| Withdrawal fees | Yes, for certain payment methods |
| Spreads | Yes |
| Conversion fees | Yes, currency dependent |
Pros & Cons
Is CFD trading legal in Portugal?
Copy link to sectionYes, you can legally trade CFDs in Portugal. However, certain aspects of CFD trading are regulated by the Comissão do Mercado de Valores Mobiliários (CMVM). The restrictions generally work in your favour, as they are designed to protect traders from large, unexpected losses.
Primarily this means there are limitations on the amount of leverage that CFD brokers in Portugal can offer, along with a limit on the maximum losses any retail customer account can experience. In addition, they must clearly warn traders of the risks involved so you can make informed trading decisions.
How to find a reliable CFD broker in Portugal
Copy link to sectionThe key features that separate the best CFD broker in Portugal from the rest are security, cost, the range of markets available. Keep those in mind and you won’t run into too many problems.
If you need more help making up your mind, use this short Q&A to find the best CFD trading platform in Portugal.
Are CFD brokers in Portugal regulated?
Copy link to sectionYes, CFD trading platforms in Portugal are licensed and regulated by the Comissão do Mercado de Valores Mobiliários (CMVM). The Comissão do Mercado de Valores Mobiliários (CMVM) sets the rules on Portugal CFD trading, such as how much leverage is available when you trade a contract for difference (CFD), along with which assets and markets are available.
How else do CFD trading platforms in Portugal protect me?
Copy link to sectionThe top CFD brokers in Portugal offer negative balance protection, which is a form of insurance that protects you from losing more money than you have in your account. This is particularly useful if you use leverage or short CFDs, as it’s possible to lose significantly more than the initial value of your trade.
A Portuguese CFD broker should also protect you by providing Two Factor Authentication (2FA) to secure your account and with a customer service line that’s always open and available to help.
What types of Portuguese CFD brokers are there?
Copy link to sectionMost of the time, you’re going to be dealing with market makers. A market maker is a CFD broker in Portugal that effectively creates a market for any asset at all times, so you can always buy or sell.
Other forms of Portugal CFD brokers include direct market access (DMA) brokers or STP/ECN brokers. These offer faster trade execution or allow you to buy and sell from other traders directly, rather than through an intermediary. Though the truth is that these services are geared towards professional or high volume traders, rather than casual users.
How much do CFD brokers in Portugal cost?
Copy link to sectionMost CFD brokers in Portugal offer no-commission trading, so you don’t have to pay each time you make a trade. However, the costs come elsewhere, usually in the form of the spread.
The spread is the difference between the buy and sell price of a contract for difference (CFD). The best Portugal CFD trading platforms make money by taking a cut of that difference, so you can compare the costs of using different platforms by comparing the spreads. The lower the difference between the buy and sell price, the more cost-effective a platform is.
Which assets can I trade through a Portugal CFD broker?
Copy link to sectionAny CFD broker in Portugal will offer currency and commodity markets. CFDs are the most common way to trade forex and commodities like gold and oil.
Then the rules can change depending on the whims of the Comissão do Mercado de Valores Mobiliários (CMVM). Generally, you can trade stock CFDs, though the available companies may vary. In addition, you may be able to trade:
- Crypto CFDs
- ETF CFDs
- Indices CFDs
Though the regulation for crypto CFDs, in particular, can change rapidly.
To buy and sell the underlying assets, rather than using CFDs, consider using the , the best forex brokers in Portugal, or the best crypto exchanges in Portugal.
Can I use leverage to trade CFDs in Portugal?
Copy link to sectionYes, it’s common and legal to trade CFDs with leverage in Portugal. The maximum permitted leverage is set by the Comissão do Mercado de Valores Mobiliários (CMVM), and all CFD brokers in Portugal must abide by those rules.
In reality, each CFD broker in Portugal also offers differing leverage on different assets. Currency pairs offer the most leverage, as it’s a vital part of successful forex trading, while stock and crypto CFDs generally offer the lowest.
Are there any other ways to trade?
Copy link to sectionYes, one of the most appealing aspects of CFD trading for beginners is the fact you can use CFDs to trade for and against the market. Shorting is when you place a trade on an asset or market to fall in value, and is a very popular way to trade.
Because of that, you can also use CFDs to hedge other trades that you have open. This is where you place a trade on the opposite position to one you made previously. It’s used as a risk management strategy to minimise losses or lock in profit in case something changes.
Do CFD platforms in Portugal offer professional trading accounts?
Copy link to sectionYes, generally they do, although the qualifications can be steep. Most of the best trading platforms in Portugal offer a retail account to all users, then provide faster execution speeds or lower spreads to high volume users who must meet certain capital requirements.
These accounts are only accessible to a small number of people, who have both significant starting funds and a high annual turnover. Unless you can supply the equivalent of at least $500,000 as a qualifying deposit, it’s unlikely you’ll be able to sign up to a professional account with any Portuguese CFD provider.
How to start trading CFDs in Portugal
Copy link to sectionFollow this guide to learn how to use a CFD trading platform in Portugal and to place your first CFD trade.
Step 1. Create an account
Copy link to sectionChoose the best CFD broker in Portugal and sign up with your email and contact details. You may be asked to supply some photo ID to meet Comissão do Mercado de Valores Mobiliários (CMVM) regulations.
Step 2. Deposit some money
Copy link to sectionFund your account with your favoured payment method. Most CFD brokers in Portugal accept bank transfers, card payments, and some e-wallets like PayPal.
Step 3. Choose what to trade
Copy link to sectionSearch for the asset you want to trade. Stock CFDs can be found by searching for the correct ticker symbol, and the same is true for currency pairs, commodities, and crypto CFDs as well.
Step 4. Decide whether to go long or short, and set your position size
Copy link to sectionChoose whether to buy (go long) or sell (short) the asset. Then enter how much you want to trade (this is known as the ‘margin’) and how much leverage you want to use.
Step 5. Finalise the trade
Copy link to sectionCheck the details and execute the trade once you’re happy with it. After that, keep monitoring the position regularly until you’re ready to close it out. Consider setting stop-loss limits to protect you from unexpected swings in the market.
To summarise
Copy link to sectionCFD trading is a popular and accessible way to trade for all Portugal users, but there are a few risks as well. Portuguese CFD providers give you access to global markets and a greater range of trading options, so you can back markets to go both up and down.
However, using leverage can lead to significant losses and, with CFDs, you don’t own the underlying assets themselves, so you have less investor protection than – for example – company shareholders.
This guide picks out the 4 best CFD brokers in Portugal, based on their cost, accessibility, and the range of products available. Once you fully understand the pros and cons, choose any of the top CFD trading platforms above to get started with. It only takes a few minutes to start trading CFDs in Portugal.
