Northgate Markets
Multi-asset broker · London, United Kingdom
Northgate Markets is the platform we point most first-time comparers to when they want one account that can hold long-term share positions and still trade short-term CFDs.
Brazil: served under the FCA licence (United Kingdom), also authorised by CySEC, ASIC. Minimum deposit $50. Commission-free shares, spreads from 0.6 pips.
Pros
- Strong three-regulator footprint
- Wide instrument range for a retail broker
- Fast, well-designed mobile app
Cons
- Inactivity fee kicks in after one year
- Research tools are thinner than a full-service broker
What we found in testing
Who it suits
Investors who want to buy real shares and ETFs but occasionally hedge or speculate with leverage. The two account types sit side by side and share a single funding wallet, so there is no juggling of transfers.
Costs in practice
Share dealing is commission-free with a small FX conversion fee on non-base-currency stocks. CFD spreads are mid-pack: not the tightest we have seen, but there are no hidden platform fees. The inactivity charge only matters if you walk away for a year.
Platform and tools
The proprietary web platform is quick and clean, and power users can route orders through MetaTrader 4/5 or TradingView. Charting, alerts and a basic screener are all included at no cost.
Safety
Client money is held in segregated accounts and retail clients are covered by negative balance protection in every jurisdiction where Northgate is licensed.