In this guide, we go over the best trading platforms in Antigua and Barbuda. 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 Antigua and Barbuda
- Avatrade is the Best Trading Platform in Antigua and Barbuda. Low Fees and Commissions. Great for Copy Trading.
- Pepperstone takes second place. Best Low Spread Forex Broker in Antigua and Barbuda.
- Interactive Brokers is in third place. One of the most established brokers. Almost every asset class available.
- FP Markets is in fourth place. Great Trading Platform for Antigua and Barbuda Traders. Tight Spread Broker with great execution, research and education.
- XTB finishes the list. Great CFD Broker in Antigua and Barbuda.
Best Online Trading Platforms and Brokers in Antigua and Barbuda
Trading Platform | Our Score | Information | Minimum Deposit | |
---|---|---|---|---|
#1 | AvaTrade | 4.9 | Best Broker for Antigua and Barbuda Traders Overall. | $100 |
#3 | Pepperstone | 4.8 | Low Spread Forex Broker in Antigua and Barbuda. | $200 |
#2 | Interactive Brokers | 4.9 | Almost Every Asset Class Available. Strong Reputation and Regulation. | $0 |
#4 | FP Markets | 4.7 | Low Forex Fees. Fast Execution Speeds. | $100 |
#5 | XTB | 4.7 | Great for CFD Trading. | $0 |
How to pick an online trading platform?
When picking a Antigua and Barbuda 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 Antigua and Barbuda, starting with our best-rated AvaTrade.
AvaTrade – Best Broker in Antigua and Barbuda Overall
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
AvaTrade comes in First. With low trading and non-trading fees, fast and easy account opening, and great customer service AvaTrade ranks at the top of our list. Their mobile app is one of the best in the industry. AvaTrade is well regulated and secure.
Another great feature is their Social Trading Capabilities.
Pepperstone – Best Low Spread Broker in Antigua and Barbuda
74-89 % of retail investor accounts lose money when trading CFDs
Pepperstone comes in third as the best low spread broker for Antigua and Barbuda Forex traders. Their trading platform is great, and their execution speeds are one of the fastest in the industry. Choose Pepperstone if you are looking for a reliable Forex broker with low fees.
Interactive Brokers – Well Established and Regulated Broker
Interactive Brokers is one of the best trading platforms available. IBKR was established in 1978 and is regulated across the world by top-tier authorities. Interactive Brokers offers Stocks, ETFs, Options, Futures, FOPs, Forex, Cryptocurrencies, Spot Gold, Bonds, Mutual Funds, and Hedge Funds.
They released Interactive Brokers Global Trader, which is their brand new intuitive and easy to use trading platform.
FP Markets – Best for Execution Speeds in Antigua and Barbuda
FP Markets is another great broker for Antigua and Barbuda traders looking to focus on Forex and CFD trading. Their execution speeds are great, and their spreads ultra-low. They offer over 60 currency pairs, 10,000 stocks, commodities, bonds, metals, and crypto.
XTB – Trade With Cash Back Rebates
XTB is an established trading platform offering over 2100 global markets. Their platform and mobile app are easy-to-use and their education is top-notch. They have over 450,000 customers worldwide, and offer fast and qualified support.
Online Trading in Antigua and Barbuda
When thinking about the Caribbean Island, the first thing that comes to mind is travel and tourism. Recently, this mindset is slowly changing as the Caribbean Islands are home to an emerging market.
Antigua and Barbuda are part of the Organization of Eastern Caribbean State (OECS) along with other islands like Dominica and Grenada. These Islands have great potential for economic growth. They are also home to about a dozen stock exchanges.
Headquartered in the Island of St. Kitts, the Eastern Caribbean Securities Exchange is the western hemisphere’s regional securities market.
It was founded in 2001 and is entirely digital. The purpose of the exchange is to enable the Eastern Caribbean Currency Union to issue and trade securities and settle settlements in a secure and transparent manner.
This stock exchange mostly serves the islands part of OECS, giving the locals of these islands the opportunity to trade or own a stake in the region’s most prominent companies.
Being a tourist attraction, foreign exchange is a daily necessity of Antigua and Barbuda. Since the frequent use of the forex market, the government has a stable structure and tight controls making it a suitable investment opportunity for foreign investors.
A lot of offshore brokers are offering their services in these islands, providing an opportunity to the locals to earn income. According to World Bank, around 75% of the locals have access to the internet making these offshore brokers a lucrative prospect for the locals.
Growing in popularity, cryptocurrency is now legal in Antigua and Barbuda. It has become the world's second country to accept Bitcoin, as well as a variety of other crypto and traditional currencies (including Euros) as payment for its Citizenship by Investment Program giving a rise in crypto trading in the country.
Trading in commodities is not very popular in Antigua and Barbuda as these islands are not rich in natural resources. Most of the agriculture on these islands is grown on small family plots bound for the local market.
How to Verify Authorization in Antigua and Barbuda
The FSRC is the financial regulatory authority in Antigua and Barbuda. It is in charge of oversight and regulation of the financial services in these islands.
All companies wanting to operate in Antigua and Barbuda have to be registered with FSRC. Upon registration, companies receive a license. This license number can be then cross-verified on FSRCs official webpage.
Final Verdict
We hope you found all the details you needed in our guide. Just to recap, here are the best online brokers in Antigua and Barbuda:
AvaTrade | Pepperstone | Interactive Brokers | FP Markets | XTB | |
---|---|---|---|---|---|
Our Score | 4.9 | 4.8 | 4.9 | 4.7 | 4.7 |
Fees Score | 4.9 | 4.9 | 5.0 | 4.9 | 4.7 |
Mobile App Score | 5.0 | 4.6 | 4.8 | 4.7 | 4.5 |
Trading Platform Score | 4.9 | 4.7 | 4.8 | 4.7 | 4.5 |
Offering Of Investments Score | 4.8 | 4.8 | 5.0 | 4.6 | 4.6 |
Regulation Score | 4.9 | 4.8 | 5.0 | 4.6 | 4.6 |