In this guide, we go over the best trading platforms in Afghanistan. We analyzed and researched hundreds of brokers, based on a variety of different factors. We compared every aspect of their services, focusing on security, fees & commissions, trading platform, regulation, offering of investments, trading tools, deposits & withdrawals, and more. Brokers had to meet a threshold to be considered in the following list.
Top 5 Trading Platforms for Traders in Afghanistan
- Capital.com is the Best Trading Platform in Afghanistan. Low Fee Structure. Wide Range of products.
- Fusion Markets comes in second place. Great Trading Platform for Afghan Traders. Broad product portfolio and research.
- XTB takes third place. Great CFD Broker in Afghanistan.
- Axi is in fourth place. Best for Stock Trading in Afghanistan.
- MultiBank finished in fifth place.
Best Online Trading Platforms and Brokers in Afghanistan
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | Capital.com |
4.9 | Great Trading Platform. Low Forex CFD Fees. Excellent Support. | $20 ($250 Wire) |
| #2 | Fusion Markets |
4.8 | Low Fees. Easy Account Opening. | $0 |
| #3 | XTB |
4.8 | Commission-Free Stocks. | $0 |
| #4 | Axi |
4.7 | Low Forex Fees. Copy Trading. | $0 |
| #5 | MultiBank |
4.7 | Good Customer Support. Variety of Deposit Options. | $50 |
How to pick an online trading platform?
When picking a Afghani trading platform you should consider the following factors:
- Overall great service
- Regulation
- Safety
- Fees & Commissions
- Range of Products
- Account Opening Process
- Deposits & Withdrawals
Read below, where we breakdown the Best Stock Trading Platforms in Afghanistan, starting with our best-rated Capital.com.
Capital.com – Best Broker In Afghanistan Overall
Capital.com takes first place as the best option for Afghani traders. Offering low forex CFD fees and commission-free real stocks. Great account opening experience. Excellent email and chat support.
Fusion Markets – Best For Forex Trading in Afghanistan
Fusion Markets comes in second. With low trading and non-trading fees, fast and easy account opening, and great customer service Fusion Markets ranks near the top of our list.
Axi – Best for Copy Trading in Afghanistan
Axi comes in third and is best for copy trading. Low forex fees. No withdrawal/deposit fees. Complete digital account opening. Axi Offers 130+ products to trade, spreads from 0.0, and up to 500:1 leverage.
XTB – Best for CFD Trading in Afghanistan
XTB completes the list at number five. Low forex CFD fees, commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
MultiBank – Best for Copy Trading in Afghanistan
Multibank is ranked fifth in our top picks. Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
Online Trading in Afghanistan
Afghanistan is new when it comes to online trading, such as forex, derivatives, and crypto, hence the gradual rise in the number of traders has been controversial.
The Afghan people have slowly progressed toward peace and prosperity over the past seventeen years, and the Afghan economy has enjoyed a parabolic since 2014 giving a significant rise to trading platforms available in Afghanistan.
As the economies of Central and South Asia continue to grow and become more connected to the global economy, Afghanistan is emerging as a major commercial hub. As a result, Afghanistan is steadily becoming a target destination for foreign investors.
Trading has made its way among Afghan money exchangers and the business community in an unfair way since it was initially brought to Afghanistan in 2005.
Most of the expansion of the trading market is largely through a local firm, Vision financial services.
With the ever-growing population and financial regulations, trading is now much safer for retail traders. Thus, Afghanistan is becoming quite an attraction for international investors.
Afghanistan Regulations
Da Afghanistan Bank (DAB) is the sole authority that issues licenses to local companies to operate as a broker. Da Afghanistan Bank, established in 1939, is entirely owned by the government. DAB is active in introducing policies to promote financial inclusion and regulates all banking and money transactions in Afghanistan. For more about DAB, click here.
Offshore brokers do not need any licenses to accept Afghanis as clients.
We also recommend the citizens of Afghanistan follow DAB's official Twitter page to stay up to date with all the latest financial information.
You can find out more about the regulations of financial markets and how they operate in Afghanistan here.
How to Verify Da Afghanistan Bank (DAB) Authorization
To identify if a local broker is registered with DAB, the first step is to locate the register or license number. This would be located at the bottom of the broker’s home page.
Next, search for the broker on the DAB website with the name and license/registration number to validate the brokerage firm. Here is a link to the DAB public register of license holders https://www.dab.gov.af.
As identified earlier, offshore brokers do not need licenses from DAB to operate in Afghanistan. However, their validity can be verified by cross-referencing their registration/license number with their regulatory bodies.
Final Verdict
We hope you found all the details you needed in our guide. Just to recap, here are the best online brokers in Afghanistan:
| Capital.com | Fusion Markets | XTB | Axi | MultiBank | |
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.8 | 4.7 | 4.7 | 4.7 |
| Fees Score | 4.7 | 4.6 | 4.6 | 4.6 | 4.5 |
| Mobile App Score | 4.9 | 4.7 | 4.6 | 4.7 | 4.6 |
| Trading Platform Score | 4.8 | 4.6 | 4.7 | 4.6 | 4.6 |
| Offering Of Investments Score | 4.8 | 4.8 | 4.9 | 4.8 | 4.8 |
| Regulation Score | 4.9 | 4.9 | 4.8 | 4.8 | 4.8 |
