Best Trading Platform in Aruba

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In this review, we offer our insights into the best trading platforms in Aruba. We have reviewed 174 brokers and evaluated their services in 8 leading categories. We explored all characteristics of their service, including platforms, mobile apps, trading costs, deposits & withdrawals, portfolios, licenses, customer service, learning centers, and Islamic accounts availability. 

The platforms that achieved the highest scoring are below. 

Top 5 Trading Platforms in Aruba

best-trading-platform-aruba
  1. Interactive Brokers Best trading platform overall
  2. XTB – Ideal for users looking to trade forex and CFDs
  3. Capital.com – Broker with great educational content and resources
  4. ActiveTrades – Broker regulated by the (FCA)
  5. OandA – Low risk CFD and forex broker

Best Online Trading Platforms Aruba

PLATFORMSCOREGENERAL INFOMINIMUM DEPOSIT
#1Interactive Brokers4.9Best trading platform overall$0
#2XTB4.5Ideal for users looking to trade forex and CFDs$250
#3Capital.com4.7Broker with great educational content and resources$20
#4ActiveTrades4.4Broker regulated by the (FCA)$500
#5OandA4Low risk CFD and forex broker$0


Below section breaks down the best trading platforms in Aruba, beginning with the highest rated…

01. Interactive Brokers: Best Trading Platform Overall 

interactive-brokers-rating

Interactive Brokers offers a premium online trading experience with one of the best trading platforms. It is a secure broker with global services. Interactive Brokers has an excellent reputation and top-tier licenses from leading regulators. It offers secure trading platforms with industry-leading safety protocols. The Global Trader platform is an entry-level, beginner-friendly service for traders at all levels. 

Interactive Brokers offers a powerful platform for experienced traders, the proprietary Trader Workstation desktop platform. It has an impressive selection of advanced tools and order configurations. 


02. XTB: Best Forex And CFD Trading Platform 

xtb-rating

XTB is a popular forex and CFD broker with secure platforms and intuitive interfaces. It is a highly trusted online broker with access to many tradable markets. XTB offers indices, forex currency pairs, commodities, CFDs on stocks, ETFs, and cryptocurrencies. 

This broker has a competitive fee structure for all its accounts. New traders enjoy exceptional customer support and research tools. XTB has a well-established educational center with valuable trading information. 


03. Capital.com: Best Trading Platform For Research And Education 

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Capital.com offers the best trading platform for research and education. It is a highly trusted broker, and it has many top-tier licenses. It does not operate as a bank but has an excellent reputation. Capital.com is a top choice for investors searching for a discount broker. It offers powerful research tools for seasoned investors. 

This broker has a reliable mobile app with a professional interface. It offers many day trading services and an excellent education section. Capital.com has a transparent fee structure with a low minimum deposit. 


04. ActivTrades: Best Trading Platform With A FCA License 

active-trades-rating

ActivTrades is a trustworthy online broker with an FCA license. It offers an outstanding proprietary platform, ActivTrader. It has an intuitive interface with fully customizable features. ActivTrades has a transparent fee structure with no hidden costs. 

This broker charges an inactivity fee. Its portfolio is limited to basic asset classes and instruments. We recommend it for beginner traders because of its limited portfolio. 


05. OandA: Best Low-Risk Trading Platform 

oanda-rating

OandA is a popular CFD and forex broker with access to many assets and markets. It offers a low-risk trading platform with daily market updates. Traders choose OandA because of its extensive social trading features. It is a secure broker with six tier-one licenses. 

Their platform is straightforward and offers both advanced and beginner-friendly features. OandA has an industry-leading mobile app with research and charting tools. It has commissions and fees above the industry average. 


How To Pick The Right Platform?

When picking a platform in Aruba, the top criteria are trading costs, platforms, mobile app availability, portfolios, deposits & withdrawals, liquidity, safety protocols, and customer service. 

Fees: Select a broker with a straightforward fee structure and avoid online brokers with high trading costs, hidden commissions, and overnight fees. Spread fees are common with online brokers in Aruba. Based on your trading volume, these should vary between 0.03% to 0.5%. 

Trading platforms: Platforms need to be intuitive and user-friendly. Choose a platform that offers reliable trading tools and indicators. Platforms with built-in market data and a powerful charting interface are best. 

Mobile trading: Mobile apps contribute to an excellent online trading experience. These need to offer similar tools and charts as their other versions. Select an app that is both customizable and offers full-screen charting options. 

Deposit & Withdrawal: Deposit and withdrawal have to be straightforward and fast. We recommend you use the services of a broker that offers many funding options. 

Assets: Search for coverage of different asset classes. Traders in Aruba are allowed to trade many digital assets, including stocks, FOPs, forex, futures, mutual funds, bonds, cryptos, spot gold, and ETFs. 

Regulation: Brokerage firms with top-tier licenses are secure and follow strict rules. The FCA, ASIC, and CySEC enforce the highest security standards. 

Research & Education: Average and beginner traders need to select a broker with access to valuable learning and research tools like webinars, tutorials, and daily news updates. 

Customer Support: Inexperienced traders should consider a platform with responsive and well-trained customer support available in their language. 

*Islamic Accounts: All platforms from our list offer islamic account options. This gives users the chance to trade online in compliance to the Sharia law.

Trading Platform Regulation In Aruba 

The Central Bank of Aruba (CBA) regulates trading platforms in Aruba. The CBA is the sole supervisory authority overseeing Aruba’s online trading activities. It ensures that brokers request and get a license. The CBA enforces all relevant rules and regulations in Aruba. All brokers offering their services in Aruba need to follow strict AML and CFT rules. 

License Verification 

You start license verification of a brokerage firm by accessing the main website of the CBA. Look for the documents section and search for the name of the firm. If the broker has its headquarters outside Aruba, you need to verify the official websites of ASIC, FINRA, BaFIN, CySEC, or FCA. Check their database of Registered Entities. If you don’t get any results, you might be facing an unregulated platform or broker. It is best to use a trustworthy platform with top-tier licenses. 

Conclusion

Based on our review, we consider Interactive Brokers as the best trading platform for Aruban residents. They offer a low minimum deposit, competitive fees, advanced charting tools, social trading features and a responsive customer support.

XTB is the second best trading platform for Aruban residents, because of their low fees, advanced trading tools, copy trading features and a responsive customer support. Capital.com, ActiveTrades and OandA are finishing up our list of top platforms with a great overall offer and above average ratings.

FAQ

Are There Commission-Free Trading Platforms In Aruba?

Yes, there are trading platforms available in Aruba that offer 0% commission trading.

How Much Should I Invest When Trading Online in Aruba?

We recommend you start with a minimum deposit amount. International and Aruban online brokers require you to create a brokerage account. On average, the minimum deposit is $50. 

Is Crypto Trading Available In Aruba? 

Yes, Aruban traders receive access to crypto trading services. 

How To Check If A Trading Platform Has A Valid License? 

You can check if a trading platform has a valid license on the Central Bank Of Aruba website. 

Are There Any Safety Risks For Traders In Aruba? 

Trading online assets comes with some risks. Digital assets are volatile, which might lead to fund loss. Online trading is legal in Aruba. But you have to use the services of a provider with top-tier licenses. 

Which Trading Platform Is Most Profitable? 

A trading platform is profitable for traders at all levels. However, your online trading results depend on your trading style, skills, and experience. We recommend you select a platform with access to industry-leading research and learning tools.  


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

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