In this guide, we go over the best international online brokers in Barbados. 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 Barbados
- Interactive Brokers takes first place. Established in 1978. Regulated by Top-tier Authorities. Wide Range of Investments.
- XTB comes in second. Great CFD Broker. Company listed on a stock exchange.
- Capital.com is in third place. Commission Free Real Stocks. Low Forex CFD Fees.
- CMC Markets comes in fourth. Great for spread betting and CFD Trading.
- ActiveTrades finishes the list. Best for Forex and CFDs.
Best Online Trading Platforms in Barbados
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | Interactive Brokers |
4.9 | Best Trading Platform Overall in Barbados. |
$0 |
| #2 | XTB |
4.8 | Best Platform For CFD Trading. Listed On Stock Exchange. | $0 |
| #3 | Capital.com |
4.8 | Wide Range Of Products. | $20 |
| #4 | CMC Markets |
4.8 | Great for Spread Betting and CFDs. | $0 |
| #5 | ActiveTrades |
4.7 | Good Forex and CFD Broker. | $500 |
How to pick an online trading platform?
When picking a Barbados 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 top Stock Brokers in Barbados, starting with our best-rated Interactive Brokers.
Interactive Brokers – Best Online Broker in Barbados Overall
Interactive Brokers is one of the best brokers available for Barbados Traders. IBKR was established in 1978 and is regulated across the world by top-tier authorities. The company is listed on NASDAQ. IBKR gives its clients access to a wide range of markets, with 135 markets in 33 countries. It’s overall a great pick for global investors looking to trade a big number of assets at low rates while also benefiting from a variety of advanced research tools.
Interactive Brokers offers Stocks, ETFs, Options, Futures, FOPs, Forex, Cryptocurrencies, Spot Gold, Bonds, Mutual Funds, and Hedge Funds.
They just released IBKR Global Trader, which is their brand new intuitive and easy to use trading platform.
XTB – Best CFD Broker in Barbados
Forex and CFDs are leveraged products and can result in losses that exceed your deposits. Please ensure you fully understand all of the risks.
XTB is an established CFD broker offering access to over 2100 global markets. XTB is a broker founded in 2002 with offices in London and Warsaw. 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 customer support.
It is a secure online broker, regulated by a number of well-known authorities around the world, including the tier-1 UK Financial Conduct Authority (FCA). XTB publishes its financial records on its website, which is a positive indicator of its trustworthiness and security.
CMC Markets – Spread Betting and CFDs
CMC Markets is a well established CFD broker, founded in 1989. They provide access to over 11,500 global instruments, with low spreads and margin rates. CMC Markets offers Forex, Indices, Cryptocurrencies, Commodities, Shares, and Treasuries. Their platform and mobile app is easy to use and provides professional charting, tools and 100% automated execution.
CMC Markets' unique Next Generation trading platform is jam-packed with high-quality research and cutting-edge trading tools. The broker offers a fantastic user experience, in-depth market analysis, powerful tools, and a fantastic mobile app. You’ll get to enjoy all of that with the lowest available costs, since CMC Markets has trading fees that are lower than the industry average.
Traders have access to different risk management tools, including a guaranteed stop-loss order.
They have great market insights and technical analysis from global experts. Educational resources go in-depth on how to improve your trading skills, and are a great resource for both beginner and experienced traders alike.
Capital.com – Wide Range Of Products
Capital.com is a great CFD broker, founded in 2016. It is well regulated and offers a wide range of markets. The company is regulated by FCA, FSA, CySEC, ASIC and NBRB.
They offer low spreads, great order execution, a great educational app and research. Capital.com operates with high security standards. Their platform is easy to use with great tools. Capital.com offers Commodities, Indices, Cryptocurrencies, Shares, Forex, and ETFs.
ActiveTrades – Great for Forex and CFDs
ActiveTrades is a CFD and Forex Broker, founded in 2001, and is regulated by the FCA and CSSF. During our research we found that they have low fees, easy account opening, are well regulated and have a seamless account opening process.
They offer Forex, Stock Index CFDs, Stock CFDs, ETF CFDs, Commodity CFDs, and Bond CFDs.
On the downside, their product offering is thin compared to competing brokers in the industry. ActiveTrades has an inactivity fee, and fall short in their research tools.
Online Trading and Regulation in Barbados
Barbados main stock exchange is the Barbados Stock Exchange (BSE) and was established in 1987.
The main regulatory body for the securities markets is the Financial Services Commission (FSC). The FSC is the financial services regulator that is committed to integrity and development of Barbados as a financial services centre.
Final Verdict
We hope you found all the details you needed in our guide. We took into account every possible detail of all renowned brokers, such as fees, payment methods, regulatory bodies, commission charges, to provide you with the best broker options. Just to recap, here are the best online brokers in Barbados:
| Interactive Brokers |
XTB |
Capital.com |
CMC Markets |
ActiveTrades |
|
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.8 | 4.8 | 4.8 | 4.6 |
| Fees Score | 5.0 | 4.8 | 4.9 | 4.8 | 4.8 |
| Mobile App Score | 4.8 | 4.9 | 4.9 | 4.7 | 4.7 |
| Trading Platform Score | 4.8 | 4.9 | 4.9 | 4.7 | 4.7 |
| Offering Of Investments Score | 5.0 | 4.7 | 4.8 | 4.9 | 4.2 |
| Regulation Score | 5.0 | 4.8 | 4.9 | 4.8 | 4.7 |
