High liquidity & narrow spreads
The global forex market is a decentralized market, with trading taking place directly between individual market participants. It combines the price data flows of 14 of the world's largest banks involved in foreign exchange trading. These account for more than 70% of the total interbank market. This offers you the advantage of enormously high liquidity as well as narrow spreads. The interbank rates are passed on to you without any markup.
CFD trading at favorable and transparent conditions
Direct access to interbank rates
High liquidity & tight spreads
Efficient CFD reference price system
23 tradable currencies
Favorable financing costs
Transparent & fair: Professional Forex trading at CapTrader
Forex CFD trading at CapTrader works exactly the same as currency trading on the spot market. Thus, the same over 20 different order types and algos are available to you. You have the possibility to trade via the Trader Workstation, the FX Trader, the Trading App and the account management (Client Portal). For retail clients, a regulatory minimum margin of 3.33% or 5% applies, depending on the currency pair.
CFDs vs. the underlying shares
Depending on your trading goals and trading style, CFDs offer you a number of advantages compared to trading stocks, but also certain disadvantages:
Advantages of CFDs
Disadvantages of CFDs
Forex CFDs for Trade best price
Status: 14.12.2022
As of August 1, 2018, an additional spread of 1% will be applied at the rates below for customers classified as retail investors under MIFID.
Favorable margin requirements for CFDs
CFDs are global products and are not associated with any particular country or region. The section below explains the margin requirements, but these may be subject to change depending on the regulations of regional regulators.
Powerful CFD trading tools
Our trading platforms offer a wide range of functions for CFD trading that meet the needs of different CFD traders. Whether you want to trade directly via the most powerful platform, the Trader Workstation (short: TWS), the FXTrader or flexibly via the CapTrader App, with our trading platforms you trade CFDs at any place and at any time as you want.
Trading platform stable even in turbulent stock market times
Free professional trading tools
Excellent trading app available for iOS & Android
CapTrader - Your CFD broker for traders who want more
Trade CFDs through CapTrader with Direct Market Access (DMA). As an established online broker, we guarantee very low fees, narrow spreads and favorable financing costs for contracts for difference, regardless of whether you want to speculate on rising or falling prices of the underlying.
CFDs (Contracts for Difference) are derivatives and are only suitable for very well-informed investors who are aware that the increased opportunities are also associated with increased risks. A derivative or derivative security is a security whose value or performance depends on the performance of one or more underlying assets. The performance of a CFD on the Apple share, for example, will always depend on the development of the price of the Apple share.
Open a securities account now and use Trade CFDs professionally
Use for your Forex CFD trading over 20 different order types and algos in the different trading platforms like the Trader Workstation with the special Forex tool, the FX Trader.
CFD trading at favorable and transparent conditions at CapTrader.
Frequently asked questions about Forex CFDs
For more information, please visit our Help Center
How do Forex CFDs work?
CFD stands for „Contract For Difference.“ A Forex CFD is a contract for difference whose underlying value is a currency pair. With this, you can open both long and short positions to speculate on a corresponding movement in the currency pair.
What is the difference between Forex CFD trading and real Forex trading?
Buying or selling a Forex CFD is a kind of contract between you and the broker. The broker assures you to pay out the trading profit. So you don't actually exchange the currencies, but the broker secures himself by making a corresponding trade on the Forex market. Your advantage is that CFD trading gives you more favorable margins and therefore less capital is tied up. The price of a currency pair in forex CFD trading is at any time completely identical with the price of the currency pair on the forex spot market at the broker.
Do I have to pay interest daily when trading CFDs?
Depending on the currency pair traded and whether you hold a long position or a short position, you will be credited or charged interest overnight. The carry interest for Forex CFDs is based on a currency pair specific benchmark and spread.
What are the margin requirements for Forex CFD trading?
The margin for CFDs consists of the specifications of the broker and the European Securities and Markets Authority (ESMA), whereby the higher requirements are applied in each case. As with other investment products, the margin changes according to the current risk assessment of the broker. Therefore, you will always be shown the current margin requirement before placing your order.
What is a DMA Broker?
Pure CFD brokers usually act as so-called market makers (MM brokers) and thereby determine the trading volume and the prices at which securities are bought (ask price) and sold (bid price) themselves. The disadvantage for the customer is that in practice it is not always transparent how the broker's pricing is carried out. Also, this type of pricing then occasionally results in strong price swings (the so-called spikes), which do not occur on the exchange where the underlying security of the CFD is traded. CapTrader, as a DMA broker (DMA=Direct Market Access), on the other hand, allows its clients to trade directly in the order book of the lead exchange. DMA trading with CFDs therefore means that you trade with the same tight spreads that the underlying (the stock, the index, etc.) has on the reference exchange. As a transparent and fair DMA broker, we do not charge markups or artificially widen spreads. This is therefore very advantageous for you as a customer when trading leveraged contracts for difference, as even the smallest changes in the spread can have a strong impact on possible profits or losses due to the leverage.