Best CFD Brokers and Trading Platforms in Uganda 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best CFD trading brokers in Uganda based on our analysis:
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AvaTrade - Best broker for CFD trading in Uganda - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 3
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 4
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 5
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 6
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 7
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 8
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ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 10
The brokers we have selected stand out for their user-friendly platforms, competitive trading conditions, and reliable regulation.
Comparison of the Best CFD Brokers in Uganda
| Broker | AvaTrade | XM | FP Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2009 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | XM Review | FP Markets Review |
| Broker Comparison | |||
| Register | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
Best CFD Trading Platforms in Uganda 2026
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inactivity fee.
- Standard account has a higher spread than the market average.
3. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
4. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
5. AMarkets
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
6. Roboforex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
7. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
8. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
9. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
10. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
What Is CFD?
Contracts for Difference (CFDs) are derivative instruments that allow you to speculate on price movements of underlying assets without owning them directly. A CFD provider (usually a broker) quotes buy and sell prices on markets such as forex, indices, shares, commodities, and cryptocurrencies. Your profit or loss is determined by the difference between the opening and closing price of the contract.
How CFDs Differ From Other Financial Instruments
With traditional investing you buy the underlying asset and may hold it for the long term. With CFDs, you enter a contract with the broker for CFD trading to exchange the price difference instead. This makes it possible to profit from both rising and falling markets by going long or short. CFDs also offer leverage, so you can control a larger position with a relatively small deposit, but this also increases risk.
Pros and Cons of CFD Trading
Advantages
- Leverage: CFDs allow you to open larger trades with a smaller initial margin, which can magnify gains on successful positions.
- Flexibility: You can trade long or short, making CFDs suitable for both bullish and bearish market conditions.
- Wide Range of Markets: Through a single CFD provider you can access forex, stock indices, individual shares, commodities, ETFs, and more.
- Lower Entry Barriers: Many brokers for CFD trading offer low minimum deposits and micro-lot position sizes, making it accessible for smaller accounts.
Disadvantages
- High Risk: Leverage magnifies losses as well as profits. A small market move can quickly wipe out your margin.
- Complexity: CFDs are more complex than simply buying and holding stocks and require solid risk management.
- Ongoing Costs: Overnight financing (swap) fees and other charges can accumulate if you hold positions for longer periods.
- Regulatory Differences: In countries like Uganda, local regulation of CFD trading is limited, so trader protection usually depends on the foreign regulator supervising the broker.
Key Factors to Consider When Choosing a CFD Broker
Selecting a reliable CFD provider is essential if you want to trade safely from Uganda. Pay attention to the following points:
- Regulation and Security. Choose brokers authorised by reputable regulators such as the FCA (UK), CySEC (EU), ASIC (Australia), or other top-tier authorities. Strong regulation helps ensure client fund segregation, fair dealing, and transparent operations.
- Trading Fees and Overall Costs. Compare spreads, commissions, and overnight financing charges. Even small differences in fees can have a big impact over hundreds of trades, especially if you are an active day trader or scalper.
- Trading Platforms and Tools. Look for stable, easy-to-use platforms such as MetaTrader 4/5, cTrader, or the broker’s own proprietary platform. Advanced charting, fast order execution, risk-management tools, and mobile apps are all important when evaluating the best CFD trading platforms.
- Range of Tradable Markets. Make sure the broker offers the asset classes you want to trade. Many Ugandan traders focus on major forex pairs, gold, oil, and key indices, but having access to shares and cryptocurrencies can help you diversify.
- Funding Methods and Currencies. Check whether the broker supports convenient deposit and withdrawal methods for clients from Uganda, such as bank cards, bank transfers, and popular e-wallets. Also review available account currencies (USD, EUR, etc.) and any conversion fees.
- Customer Support. Responsive, knowledgeable support can be crucial when you face technical issues or have questions about your account. 24/5 or 24/7 live chat and email support in English is particularly helpful.
- Education and Research. For beginners, educational material such as webinars, video tutorials, trading courses, and market analysis can make a big difference in learning how CFDs work and how to manage risk.
How Was the List of the Best CFD Brokers in Uganda Compiled?
To build this ranking of the best CFD brokers and providers for Ugandan traders, we followed a clear and transparent methodology:
- We started from our global list of Forex brokers and filtered it to include only firms that accept clients from Uganda.
- Each broker was tested on live or real-market conditions, using standardised criteria covering spreads, execution quality, platform stability, range of markets, and customer service.
- We focused on brokers that offer strong CFD trading conditions - competitive pricing, multiple platforms, and a broad selection of CFD instruments.
- Additional weight was given to brokers supervised by top-tier regulators and those offering negative balance protection, segregated client funds, and clear risk disclosures.
- Finally, we scored each CFD trading broker on overall value for Ugandan residents, including ease of account opening, funding options, and general user experience.
The result is a curated list of CFD trading brokers that combine security, fair pricing, and powerful platforms, helping traders in Uganda access global markets with confidence.
FAQ
Is CFD trading legal in Uganda?
Yes. Residents of Uganda can open accounts and trade CFDs with international brokers that accept Ugandan clients. However, most CFD activity is supervised by foreign regulators rather than local authorities, so it is important to choose a well-regulated CFD provider and understand that protection is based on the regulator’s jurisdiction.
Which broker is best for CFD trading in Uganda?
There is no single broker that suits every trader. The best CFD brokers for you will depend on your strategy, budget, and preferred markets. Use our comparison of the best CFD trading platforms in Uganda to evaluate regulation, spreads, platforms, and available instruments before you decide.
What is a CFD provider?
A CFD provider is a licensed financial firm - usually a broker - that offers Contracts for Difference to clients. When you trade, you enter into a contract with the CFD provider rather than buying the asset itself. The provider quotes prices, processes your orders, and pays out profits or losses based on the price difference.
How do CFD providers make money?
Most CFD providers earn revenue from the spread—the difference between the bid and ask price—plus any commissions charged on certain asset classes. They may also receive financing fees when clients hold leveraged positions overnight. Reputable brokers are transparent about all fees and clearly show them on their websites and platforms.
Which CFD account is best for beginners?
Beginners often prefer CFD accounts with low minimum deposits, simple pricing (tight spreads and no hidden fees), and access to a good demo account. Look for a broker for CFD trading that offers strong education, negative balance protection, and responsive customer support so you can learn in a safer environment.
Can you make a living from CFD trading?
In theory it is possible, but in practice very few retail traders make a consistent full-time income from CFDs. These instruments are highly leveraged and risky, and most beginners lose money. Treat CFD trading as a high-risk activity, invest only money you can afford to lose, and focus on risk management rather than trying to “get rich quick.”
What is the minimum deposit required to start trading CFDs in Uganda?
Minimum deposits vary widely between brokers and account types. Some international CFD trading brokers allow you to start with as little as $10–$50, while others require $200 or more. Always check the broker’s conditions and avoid depositing more than you are comfortable losing.
Can I trade CFDs on my mobile phone in Uganda?
Yes. Most of the best CFD trading platforms offer fully featured mobile apps for Android and iOS. These apps allow you to open, manage, and close positions, follow charts, and monitor your account while you are away from your computer.
How are Forex and CFD trading related for traders in Uganda?
Forex trading focuses on exchanging currency pairs, while CFD trading lets you speculate on the price movements of many markets (including Forex, indices, commodities, and shares) without owning the underlying asset. Many brokers in Uganda offer both, so you can trade spot FX and CFDs from the same account. If you are mainly interested in currency pairs, check our list of the best Forex brokers in Uganda to find regulated platforms with competitive conditions.
