Compare the best online brokers for trading forex, cryptocurrencies, stocks, commodities & indices that also accept traders from Ghana. This up-to-date comparison was last updated in May Between % of retail CFD accounts lose money If you are based in Ghana and you want to trade forex, there is a high chance that you are looking for an FX broker that accepts mobile money for deposits and withdrawals. According to research made by African Payment solutions, nearly 1/2 of all population of Ghana has access to mobile money. The most popular telecom provider in Ghana is MTN The Ghana financial markets and Ghana brokers are regulated by the Bank of Ghana, which mainly oversees stock, Forex and CFD trading activities in the country. The Central Bank of Ghana focuses on ensuring funds of depositors are safe and secured while they are trading in the financial institutions
Best international online brokers of for citizens in Ghana - Fee comparison included
To help you find the best online brokers inwe went ahead and did the research for you. First, we selected 84 quality online brokers, then checked and compared basically every aspect of their offering: fees, available markets and products, trading platforms, deposit and withdrawal options and much much more. To be selected best online broker, service providers had to prove their excellence in multiple areas. We dug deep, so you won't have to, forex trading platforms in ghana.
We highly recommend all 5 to you. And now, without further ado What makes a good online broker? Surely, they need to provide great service in all areas. First of all, they need to offer fair fees and have a good safety score.
Opening an account and depositing money should also be user-friendly processes. They need to provide access to a wide range of products and have a great platform. These features are easy to list, but hard to figure out. We test brokers based on more than ~ criteria with real accounts and real money. We know what's up. You can find all the ranking criteria in our methodology. Not sure which broker to choose? For a tailored recommendationforex trading platforms in ghana out our broker finder tool.
If you enter the name of your country it will show only the relevant brokers. Want more details? Compare brokers with our in-depth comparison table. And now, let's see the best international online brokers in for citizens in Ghana one by one, starting with the winner, Interactive Brokers. Interactive Brokers was founded in and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority FCA and the US Securities and Exchange Commission SEC.
As it has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. Having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.
Recommended for traders looking for low fees and a professional trading environment. Visit broker. The above calculation includes all spreads, commissions and financing rates if applicable for opening a position, holding it for a week, and closing it. Visit broker More. Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally.
We recommend this broker mainly for advanced traders. On the plus side, forex trading platforms in ghana, IB has low feesa vast range of available markets and productsforex trading platforms in ghana, and diverse research tools. There are some drawbacks, though: there is a high forex feesand the account opening process forex trading platforms in ghana complicated.
The desktop platform is complex and hard to get a handle on, especially for beginners. If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers could be a great fit for you.
TradeStation is a US stockbroker founded in It is regulated by the Securities and Exchange Commission SEC and the Financial Industry Regulatory Authority FINRA. TradeStation is considered forex trading platforms in ghana because it has a long track record; discloses its financials; and its parent company, the Monex Group, is listed on the Tokyo Stock Exchange. Recommended for traders focusing on us markets and buy-and-hold investing.
The web and mobile platforms are very user-friendly with many functions. It also offers low stock and ETF trading fees. On top of that, TradeStation's education materials are well-structured and high quality. On the other hand, forex trading platforms in ghana, the deposit and withdrawal functions are not user-friendly as you can only use bank transfer.
There is no forex trading, and customer service has room for improvement. Feel free to try TradeStation if you prefer trading on US markets. We recommend it for buy and hold investors with at least some experience. XTB is a global CFD and forex broker with headquarters in London and Warsaw, founded in The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority FCA.
In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to disclose its financials. XTB is considered safe because it has a long track record, is listed on a stock exchange, and publishes its financial statements transparently. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
XTB is a great CFD and forex broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange. On the plus side, its forex fees are lowand the deposit and withdrawal process is fast and mostly free. We also liked the seamless and hassle-free account opening process. XTB has some drawbacks, though. Stock CFD fees are high.
The product range is mainly limited to FX and CFDs, although real stock and ETF trading forex trading platforms in ghana available in some European countries. We recommend XTB for clients who prefer forex or CFD tradingand also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account. Questrade, founded inis one of forex trading platforms in ghana most popular brokerage firms in Canada, forex trading platforms in ghana.
It is regulated by the Investment Industry Regulatory Organization of Canada IIROC and is a member of the Canadian Investor Protection Fund CIPF. Questrade is considered safe because it has a long track record and is regulated by a top-tier regulator. Recommended for traders and investors focusing on the canadian and us markets.
Questrade is among the fastest-growing online brokerage firms in Canada. Its stock and ETF fees are lowresearch tools are advanced and customer service is outstanding. Questrade has some shortcomings as well. Even though the account opening process for Canadians is quick and easy, it's slow and time-consuming if you are not Canadian. You can face high withdrawal fees if you are not a Canadian citizen and there are only USD and CAD as account base currencies.
Since Questrade has advanced research tools and offers great customer service, feel free to give it a try. TradeStation Global is a brand of TradeStation International Ltd, which is based forex trading platforms in ghana the UK and is regulated by the top-tier Financial Conduct Authority FCA. Here are its most important elements:. Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities.
While Interactive Brokers is listed on the NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed, on the Tokyo Stock Exchange.
Recommended for traders and investors looking for low fees and a wide selection of products. The TradeStation Global desktop platform has great charting tools, plenty of indicators, highly customizable watchlists Radar Screen and a great programming tool EasyLanguage.
On the other hand, the deposit and withdrawal process is not user-friendly and you can use only bank transfer. If you want access to IB's product range and an account without inactivity fees, feel free to try TradeStation Global. Now that you know the top 5, you are probably curious how we came up with this list. Let's go through a few points quickly. What is an online broker?
Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers? Thirty years agoif you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like characters in the movie 'Wolf of Wall Street'. They were constantly monitoring stock prices while holding the phone and shouting.
The Internet changed all that. Nowadays, if you want to invest in Apple shares, you open an online forex trading platforms in ghana, deposit money, and set up an order on the brokers' online platform. These platforms are the online brokers. Online brokers help you buy and sell securities like stocks and ETFs. After creating your order, the online broker executes it immediately. It all takes place online. We consider each broker on our list safe. You can be sure none of them is a scam.
All the brokers featured on BrokerChooser are regulated by at least one authority. However, brokerage companies can still go bust. Remember the collapse of Lehman Brothers?
My Forex Trading Journey As A Day Trader In Ghana - LITTLE NELLE
, time: 27:14Forex Brokers that accept mobile money in Ghana |
Here are our 10 Best Handpicked Forex Brokers in Ghana Interactive Brokers Oanda City Index Tradestation XTB IG AvaTrade Plus eToro IQ Option Forex trading in Ghana has become much easier to get involved in during the last decade, which /1/31 · 5 brokers made it to the top in Ghana. We highly recommend all 5 to you. And now, without further ado The top 5 picks for best international online broker of for citizens in Ghana: Interactive Brokers is the best international online broker in XM, ForexTime (FXTM) are the best forex brokers in Ghana that accept mobile money – MTN mobile money and Airtel money. You can deposit or withdraw up to $ with XM and 7, Ghanaian Cedi with FXTM per transaction. If you intend to deposit or withdraw more than that, make multiple transactions
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