UK CFD trading 2015: IG, Plus500, Saxo and CMC dominate


UK CFD brokers

Further to the report put out on the UK online trading market by research firm Investment Trends, LeapRate has learned that in the fast-growing CFDs sector there has been some movement among the top brokers providing CFDs trading.

Not surprisingly, continuing to lead the sector is IG Group Holdings plc (LON:IGG), which was named by 29% of traders as a ‘primary relationship’ for CFD trading in the UK, providing a good approximation of overall CFD market share.

The largest gain in the group from the last UK figures we saw at the end of 2013 was from Plus500 Ltd (LON:PLUS), placing second with 14%. In 2013 Plus500 was in fifth spot with 5%, a figure which at the time surprised many in the industry as Plus500 came virtually out of nowhere to claim a spot in the UK Top 5. Now they’re second only to IG, a key reason they’ve been reporting great financial results lately.

Rounding out the Top 5 were the same providers as in 2013 – Saxo, CMC Markets and City Index.

Although the names do remain the same, there has been a lot of change at virtually all of the providers in the Top 5:

The UK CFD market share figures, and how they compare to 2013, are as follows:

UK CFD market share

Source: Investment Trends.

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UK CFD trading 2015: IG, Plus500, Saxo and CMC dominate

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