In this guide, we go over the best international online brokers in Burkina Faso. 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 Online Brokers in Burkina Faso
- Interactive Brokers comes in first as the best broker in Burkina Faso. Founded in 1978. Best Market Access.
- TradeStation Global comes in second. Founded in 1987. Great Market Access.
- Capital.com comes in third. Commission Free Real Stocks. Educational Content and Research.
- XTB is in fourth place. Great CFD Broker.
- ActiveTrades finishes the list. Best for Forex and CFDs.
Best Online Trading Platforms in Burkina Faso
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | Interactive Brokers |
4.9 | International Broker With Wide Market Access. | $0 |
| #2 | Tradestation Global |
4.9 | Access to Wide Variety of Markets | $0 |
| #3 | Capital.com |
4.8 | Wide Range Of Products. Zero Commission Real Stocks. | $20 |
| #4 | XTB |
4.8 | Great CFD Broker. | $250 |
| #5 | ActiveTrades |
4.7 | Good Forex and CFD Broker. | $100 |
How to pick an online trading platform?
When picking a 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 Burkina Faso, starting with our best-rated Interactive Brokers.
Interactive Brokers – Best Overall in Burkina Faso
Interactive Brokers, a NASDAQ-listed company founded in 1978, and is regulated across the world by top-tier authorities. It is one of the most reputable international brokers in the United States and many other countries, including Burkina Faso. IBKR allows its clients access to a wide range of markets globally, including 135 markets in 33 countries. It's an overall excellent choice for international investors looking to trade a large number of assets at low rates while also taking advantage of 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 Global Trader, which is their brand new intuitive and easy to use platform.
TradeStation Global – Great Market Access
TradeStation Global is brand of TradeStation International Ltd, a UK-based company authorized by the Financial Conduct Authority (FCA). You can access the same product types and exchanges with TradeStation Global as you do with Interactive Brokers, which is wonderful because IBKR has one of the most diverse ranges of markets and products among online brokers. There are also several other features to like about TradeStation Global, including low trading and non-trading fees, a fully-digital account opening process, multiple account base currencies, a user-friendly platform, great research, a clear fee report, and responsive customer support.
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.
When it comes to educational content, research, and platforms, Capital.com comes out on top. You will be satisfied with the broker's excellent research, which contains everything from fundamental economic data commentary to technical analysis. If you're a beginner, Capital.com offers some of the best education out there, including articles, videos, and a comprehensive training program.
XTB – Great CFD Broker
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.
ActiveTrades – Great for Forex Broker
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, straightforward account setup process, a user-friendly trading platform, on-point research and education, a transparent fee report, and prompt customer service are some of the features that you’ll enjoy when trading with ActiveTrades.
Online Trading and Regulation in Burkina Faso
Online trading in Burkina Faso is gaining more and more attention from the ambitious residents of the country, and in order for the trading process to be both safe and successful, it needs to be overseen by the financial regulator(s) in this country.The West African Monetary and Economic Union (UEMOA) and the Organization for the Harmonization of Business Law in Africa (OHADA) are the financial regulatory bodies in Burkina Faso.
To learn more about the UEMOA, you can visit its official website: http://www.uemoa.int/en/about-uemoa, or its webpage on Wikipedia.
To learn more about the OHADA, you can visit its official website: https://www.ohada.org/en/, or its webpage on Wikipedia.
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 options. Just to recap, here are the best online brokers in Burkina Faso:
| Interactive Brokers |
TradeStation Global |
Capital.com |
XTB |
ActiveTrades |
|
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.9 | 4.8 | 4.8 | 4.7 |
| Fees Score | 5.0 | 4.9 | 4.9 | 4.8 | 4.8 |
| Mobile App Score | 4.9 | 4.9 | 4.9 | 4.8 | 4.7 |
| Trading Platform Score | 4.8 | 4.9 | 4.9 | 4.8 | 4.7 |
| Offering Of Investments Score | 5.0 | 4.9 | 4.8 | 4.6 | 4.2 |
| Regulation Score | 5.0 | 4.9 | 4.7 | 4.7 | 4.7 |
