Page Summary
Are you looking for the best trading platform in Bahrain?
Our review database of 105 online brokers in 9 categories shows you the Best Trading Platform in Bahrain. The categories we use include: platforms, assets, customer support, regulation, fees, mobile trading apps, research & education, deposits & withdrawals, and Islamic account availability.
By using 214 variables with 3500 data points, we tell you the Best Trading Platform in Bahrain.
Best Trading Platform Bahrain
- AVAtrade has the leading beginner-friendly trading platform
- Forex.com is best Forex Trading Platform
- Saxo Bank is the top broker for premium traders
- Capital.com is top choice for traders looking for a discount broker
- Interactive Brokers is best broker for professional tools
Best Online Brokers Bahrain
| RANK | BROKER | GENERAL | PLATFORM SCORE | BEST FOR | WEBSITE |
| #1 | AVAtrade | Best For Forex and CFDs | 4.8 / 5 | Best trading platform | Official website |
| #2 | Forex.com | Professional customer support | 4 / 5 | best Forex Trading Platform | Official website |
| #3 | Saxo Bank | Best for premium traders | 4.9 / 5 | Best for local traders | Official Website |
| #4 | Capital.com | New age mobile trading app | 4.7 / 5 | Top choice for traders looking for a discount broker | Official website |
| #5 | Interactive Brokers | Industry leading fee structure | 4.9 / 5 | Professional traders | Official website |
TOP 5 Trading Platforms in Overview:
1. AVAtrade – The Leading Beginner-friendly Web Trading Platform In Bahrain
Min Deposit: $100
Fees: 4.9
Assets available: 4.9
Total Fees: 0.9 pip
AVAtrade is a well trusted global online broker for forex and CFD trading. Their multi-asset trading platform and mobile trading app enable traders to access 1365+ tradable symbols overall, including 1200+ CFD’s, major currency pairs with low forex spreads and premium options.
Beside their proprietary platform AVAtradeGo and MetaTrader, AVAtrade has great selection of copy trading solutions including ZuluTrade, DupliTrade and AVAsocial.
Account opening is fast, deposits and withdrawals are free of charge. The minimum deposit is $100.
Choose AVAtrade if you are a beginner or semi advanced forex trader, looking to trade major forex currency pairs, options or CFDs as stocks, cryptos, indices or commodities with premium services.
Pros
- Great Research and Educational tools
- Great Customer support
- Good choice of social trading options
Cons
- Comparing others relatively few trading instruments are offered; offers Forex, CFDs and Binary Options
Key features
- Access to 1250 CFDs and 44 forex options
- Excellent copy trading features
- Advanced mobile trading app (AvaOptions)
- Industry average pricing
- Perfect for casual and advanced traders
- Access to the full meta trader suite
2. Forex.com – Best Forex Trading Platform
Min Deposit: $100
Fees: 3.7
Assets available: 4.1
Total Fees:
Forex.com is a well balanced online broker, great for users looking to trade forex and CFDs on a platform with no real downsided. Their multi-asset, features-rich trading platform offers a wide range of proprietary platforms, advanced social trading features and great asset coverage. Forex.com offers trading on over 4500 different CFDs as stock, cryptos, currencies and access to 5500 tradable symbols overall.
Exceptional educational resources, great market research and ease of use make this broker a good choice for beginners. Fees are competitive if you are trading high volume. Standard account fees are above industry average.
Pros
- Great market coverage
- Advanced Trading and Web Trading platforms
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
- Competitive fee and commission structure
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
Key features
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customization
- Publicly traded
3. Saxo Bank – Top broker for premium traders
Min Deposit: $2000
Fees: 4.7
Assets available: 4.9
Total Fees:
69% of retail investor accounts lose money when trading CFDs with this provider.
Saxo Bank is a reputable global brand known for its complete overall offer and exclusive conditions for high volume traders and investors. Users can enjoy cutting edge trading technology paired with a premium interface and great trade execution on mobile and desktop. The Saxo Bank trading platform offers a feature rich trading experience, easy to use interface, competitive margin rates, and trading on over 40,000 financial instruments. This makes them an industry leader in trading assets coverage as an ECN broker.
If you can afford the minimum deposit of $10.000, this is the go to broker for traders and investors at all levels. They combine high-quality in-house research with top-tier third-party providers and a diverse portfolio of investment options.
Investors who are looking to trade in accordance with Sharia Law can open an islamic account. Saxo Bank also offers high quality customer service in Arabic and English language via phone, email or in person at their local office with guaranteed satisfying answers.
Pros
- Industry leading market coverage
- Excellent Trading Features with SaxoTraderGo
- Advanced order type and account protection features
- Intuitive and easy to use mobile trading app
- Great education and research materials
- Competitive fee structure for active traders
Cons
- $10,000 minimum deposit for UAE users
- High time investment to set up
- Only for advanced traders
Key features
- 40.000 tradable symbols available (crypto derivatives, forex options and futures)
- Advanced account protection and order types
- Fast execution of trades
- $2.000 minimum deposit
- “Best in class” educational resources
- Great ease of use level combined with advanced features
4. Capital.com – Top choice for traders looking for a discount broker
Min Deposit: $20
Fees: 4.8
Assets available: 4.7
Total Fees:
Capital.com is a top choice for traders looking for a discount broker with great educational content and resources, advanced research tools and a premium trading interface. They offer a wide range of tradable assets including CFDs on cryptos, stocks, indices, commodities and forex pairs.
Founded in 2016, Capital.com is an international fintech company which has group of entities authorised and regulated by the Financial Conduct Authority (“FCA”), the Australian Securities and Investments Commission (“ASIC”), the Cyprus Securities and Exchange Commission (“CySEC”), and the Financial Services Authority of Seychelles (“FSA”). It does not operate a bank and is not publicly traded.
Choose Capital.com if you are looking for a great mobile trading experience, professional web trading interface, day trading features. Beginner traders will like the low minimum deposit ($20), industry leading commission structure, and award winning education section.
Pros
- Newsroom grade educational videos and analysis
- Award winning education and research section
- New age mobile trading app
- Real time market updates and price alerts
- Hedging and risk management tools
Cons
- MT4 and MT5 not available
- Market access is industry average
Key features
- Access to 6.000 tradable symbols and 477 cryptocurrency CFDs
- High quality research and educational content
- Patented AI trade bias system
- $20 minimum deposit
- No inactivity fees
5. Interactive Brokers – Best broker for professional tools
Min Deposit: 0 ($2000 for margin account)
Fees: 4.9
Assets available: 4.9
Total Fees:
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.
Interactive Brokers is a highly trusted global broker with a well-rounded offer of tradable markets, great educational content and sophisticated order type configuration. It is a high trusted and well capitalize company with an industry leading trading platform, a competitive fee structure and great global market access. Their low entry level and the Global Trader platform, which is intuitive and easy to use trading station, make this broker s great choice for beginners and advanced forex traders.
Professional and seasoned traders will appreciate the great selection of advanced trading tools and order type configurations available on their proprietary Trader Workstation desktop platform (TWS).
Pros
- Best market coverage in the industry (100k+ assets on different instruments)
- Access to 16,500 shares and 8,000 stocks as CFDs
- Professional trading platform suitable for different types of traders
- Intuitive and easy to use mobile trading app
- Industry leading fee structure
- Compatible features for casual and professional traders
- Responsive customer support
Cons
- Few deposit and withdrawal options
- Research and education materials missing
Key features
- Margin loan rates on stocks of 1.3%
- Access to 135+ global markets
- Advanced order types, tools and features
- Access to frictional shares
- Lowest commissions in the industry
How We Choose The Top International Trading Platforms For Bahraini Residents?
We choose the Best Trading Platform in Bahrain by using data from 105 online brokers in 9 different categories. The categories we use are research & education, assets available, platforms, costs, withdrawal & deposit, copy trading, customer support, regulation, mobile apps, and Islamic account available
Research & Education
Brokers are more than a trading platform and should include research and educational material with an account. Make sure your broker delivers the information you need.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Educational Resources | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Webinars | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Daily News Updates | Yes | No | Yes | Yes | Yes | No | Yes |
| Personal Training and Room Access | Yes | No | Yes | Yes | No | Yes | No |
| Market In-depth Analysis | Yes | No | Yes | Yes | Yes | No | Yes |
| Market Research | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Trading Signals | Yes | No | Yes | Yes | Yes | No | Yes |
Asset
Any broker you consider should have a range of tradable assets, like ETFs, stocks, futures, forex, mutual funds, bonds, commodities, indices, and cryptos.Any broker you consider should have a range of tradable assets, like ETFs, stocks, futures, forex, mutual funds, bonds, commodities, indices, and cryptos.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Shares | 0 | 0 | 1000 | 2800 | 0 | 30000 | 16500 |
| ETF and Funds | 0 | 0 | 0 | 0 | 0 | 5900 | 35000 |
| Crypto | 0 | 0 | 0 | 30 | 0 | 9 | 4 |
| Commodities | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Indices | 0 | 0 | 0 | 0 | 0 | 0 | 3052 |
| Options | 1 | 0 | 0 | 0 | 0 | 3000 | 50000 |
| Futures | 0 | 0 | 0 | 0 | 0 | 300 | 245 |
| Bonds | 2 | 0 | 0 | 0 | 0 | 4200 | 1000000 |
| Forex | 59 | 33 | 138 | 49 | 91 | 200 | 115 |
| CFD Stocks | 100 | 194 | 3600 | 2800 | 9500 | 19000 | 8000 |
| CFD Commodities | 15 | 3 | 33 | 54 | 22 | 50 | 2 |
| CFD Crypto | 14 | 19 | 207 | 32 | 8 | 0 | 0 |
Trading Platforms
Brokers have dedicated trading platforms, and also offer MT4 and MT5. You need to understand the platform before you start trading, and all the features it has.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Generic Platforms | Yes | No | Yes | No | Yes | No | No |
| Proprietary Platform | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Desktop version | Yes | Trader Workstation, Client Portal | Yes | Yes | Yes | No | Yes |
| Web version | Yes | Yes (Trader Workstation) | Yes | No | Yes | Yes | Yes |
| Mobile App | Yes | No | No | No | No | Yes | Yes |
| MetaTrader4 | Yes | No | No | No | No | No | No |
| MetaTrader5 | Yes | No | No | No | No | Yes | No |
| cTrader | Yes | No | No | No | No | Yes | No |
| Other Generic | Yes | No | Yes | No | No | No | No |
Fees
Trading fees add up, and some brokers offer 0% trading fees. When you choose a broker, look at the fees, and if you are a frequent trader, keep the fees low.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Deposit Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Withdrawal Fee | 0 | 0 | 0 | $5 | 0 | 0 | 0 |
| Inactivity Fee | $50 quaterly after 3 months | Yes | No | $10 monthly after 1 year | $15 per month (after 12 months) | $100 – 6months | 0 |
| Overnight Fee | Yes | Yes | Yes | Yes | 2.5% | Yes | Yes on CFD’s |
| Cost Per Trade | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Per Month | 0 | €10 | 0 | 0 | 0 | 0 | 0 |
| Stock and ETFs | 0 | 0.48 pips | Varies | 0 | 0+spread | $1 | $0.005 per share |
| FOREX (EURUSD) | 0.9 pips | 4.7 pips | 2.4 pips | 1.1 pips | 0.8 pips | 1 | 0.2 pips + 0.08 to 0.20 bps times trade size comission |
| Crypto | 0.35% | 127.14 pips | 0 | 0 | 0 | 0 | 0.12% to 0.18% of trade value |
| CFD (gold) | 3.4 pips | 4.8 pips | 8.9 pips | 5 pips | 0.8 pips | 0.6 pip | 0.02% |
Deposit & Withdrawal
Deposits and withdrawals should be free, so look and make sure your broker has a fee structure that works for your deposit and withdrawal preference.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Minimum in UAE | $100 | $10 | $20 | $200 | $100 | $2000 | 0 ($2000 for margin account) |
| Bank Wire | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cash | No | No | No | No | No | No | No |
| Credit/Debit Card | Yes | $50 | Yes | Yes | Yes | Yes | No |
| Check | No | No | No | No | No | No | Yes from a US bank account |
| Islamic Account Transfer | Yes | No | No | Yes | Yes | No | No |
| E-Paymenst | Yes | Yes | Yes | Yes | No | No | No |
| Paypal | No | Yes | Yes | Yes | No | No | No |
| Skrill | Yes | Yes | No | Yes | No | No | No |
| Neteller | Yes | Yes | No | Yes | No | No | No |
Social / Copy Trading
Social and copy trading gets you into the market fast. Social and copy trading are available with major brokers.
Customer Support
You need a broker with 24/7 customer support in a language you understand. Choose a broker that speaks your language, and has contact options that work for you.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Phone | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Live Chat | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| 24/7 support | Yes | Yes | Yes | Yes | No | Yes | No |
| Multilingual | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Personal Account manager | No | No | Yes | Yes | Yes | Yes | Yes |
Regulations
Only choose brokers regulated by the FCA, CySEC, and ASIC. Don’t bother with brokers that aren’t compliant with regulations in a top-tier market.
| Feature | AVAtrade | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|
| Regulators | ASIC, FSA, FSCA, CBI FFAJ, ADGM | FCA, NBRB, ASIC, CySEC | ASIC, CySEC, FCA, FSCS | IIROC, SFC, CySEC, FSA, NFA, FTC, MAS, CIMA, ASIC, FCA | ASIC, SFC, JFSA, MAS, Finma, FCA | NYSE, FINRA, SIPC |
Mobile Trading
Mobile trading keeps you in the markets from anywhere your mobile device works. Every broker offers different mobile trading features, so make sure you understand your broker’s mobile platform.
| Feature | AVAtrade | IQ Optio | Capital.com | eToro | Forex.com | Saxo Bank | Interactive Brokers |
|---|---|---|---|---|---|---|---|
| Android | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Apple | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Watchlist (mobile) | Yes | No | Yes | Yes | Yes | Yes | Yes |
| Economic Calendar (mobile) | No | Yes | Yes | No | Yes | Yes | Yes |
| Charting Tools (mobile) | Yes | Yes | Yes | No | Yes | Yes | Yes |
*Islamic Accounts: The Best Trading Platforms in Bahrain offer Sharia law compliant accounts. You can choose a broker that has interest-free trading accounts.
Which is the best Mobile Trading App in Bahrain?
Our research shows AVAtrade, Interactive Brokers, eToro, Capital.com, and Saxo Bank have the best mobile trading apps for investors in Bahrain. All the apps support iOS and Android, and are free to clients.
You should consider these brokers for mobile trading:
- AVAtrade has AvaTradeGo for mobile trading, and also offers the mobile versions of MT4 and MT5 to clients. AvaTradeGo is similar to the desktop version, and if you like AVAtrade’s desktop platform, the mobile app is perfect for you.
- Interactive Brokers offers IMPACT for trading stocks and crypto, as well as IBKR for every other mobile trading asset. IBKR offers loads of customization options, but it isn’t right for new traders. If you are an experienced trader who needs a mobile trading platform, IBKR is a good choice.
- eToro has its eToro mobile app for trading, and eToro Money app for buying cryptos and money transfers. The eToro trading app gives you all the important features from the desktop trading platform, like charts, market data, and advanced orders, so you can trade with eToro from anywhere.
- Capital.com offers its own mobile trading app, and the mobile version of MetaTrader 4 (MT4) for its clients. You can use whichever app fits you best, and in addition, Capital.com includes its Investmate education app for clients. The mobile suite at Capital.com is perfect for new traders who want to learn, and practice trading.
- Saxo Bank has its own trading platform, SaxoTraderGO, for desktops and mobile devices. The features on the mobile version of SaxoTraderGO match the desktop version, so traders can use advanced market data, charts, and limit orders. Saxo also offers the mobile version of MT4, but with less tradable assets.
Online trading in Bahrain
Opening an account with an offshore broker gives traders in Bahrain access to global markets, like ETFs, CFDs, stocks, commodities, bonds, and mutual funds.
The Central Bank of Bahrain regulates financial markets in Bahrain, but the best offshore brokers for traders in Bahrain follow regulations offshore.
There are no restrictions in Bahrain for traders or investors that want to use offshore brokers, as long as the activities are legal.
You can ask The Central Bank of Bahrain to check on the registration status of any broker you like, or with the regulator in the nation where the broker has its headquarters.
How to Open a Brokerage Account in Bahrain?
Opening a brokerage account in Bahrain is fast, and you will need a legal ID like a passport or driver’s license, bank account, and proof of address.
STEP ONE: Choose a broker you like from our list, look for its minimum deposit, and open an account. It is fast and easy to open an account if you have the right information.
You can open an interest-free account compliant with Sharia law if you need to, so look for the correct account type at this stage.
STEP TWO: Sign up for an account with the broker, provide the KYC documents, like your passport, and pass the KYC check. Once done with the KYC, you can fund your account.
Look at the funding methods, so you don’t pay more than needed at this stage. Offshore brokers accept wire transfers, but these cost more than online payment platforms, like PayPal or Skrill.
STEP THREE: Use your funded trading account to buy and sell assets as you wish. There are many markets to trade, like stocks, forex, futures, commodities, and more.
All the brokers we review have a demo account, and educational resources. Use the demo account to practice trading on the platform of your choice, and know the tools before you trade with real money.
Points to consider before you get started
Anyone in Bahrain who isn’t a professional investors should consider a few things before opening a brokerage account.
Here are three things to consider:
- Financial Goals
When you trade and invest, think about your goals before choosing a broker, and buying assets. Some brokers are better for day traders, and others work better for long term investors. For example, a CFD or futures broker is better for trading, while a stock or ETF broker is better for long term investors. - The Assets
There are many ways to invest and the assets you buy depend on your investment philosophy. Also, there are different ways to buy the same market, depending on how you view money management. You can buy exposure to the NASDAQ 100 via ETFs, or with a CFD, depending on your investment timeframe. Understand the differences before you choose a broker, and start spending money. - Your Investment Style
Active investors should understand that brokers follow regulations in markets, like the US SEC’s rule that states that brokerage accounts under $25,000 can’t trade stocks, or ETFs, more than three times a week. If you want to trade US assets, and don’t have enough money, you can use offshore CFD brokers, like the ones we review. Don’t waste time opening accounts that don’t accommodate your needs.
Final Verdict
After reviewing 105 online brokers across 9 different categories, our research shows AVAtrade is the Best Trading Platform in Bahrain. The platform has a professional trading interface, low fees and reliable customer support. Investors can buy options, futures, stocks, ETFs, mutual funds, commodities and more with AVAtrade.
FAQ
Is Online Trading Legal in Bahrain?
Online trading is legal in Bahrain, and investors can choose to trade assets like stocks, commodities, CFDs, bonds and forex.
Are Offshore Brokers Regulated?
Investors in Bahrain can use offshore brokers regulated in a top-tier market, like the UK, Cypress, or Australia.
What is the Best Trading Platform in Bahrain?
Our research shows that AVAtrade is the best broker for investors in Bahrain.
Is Online Trading Dangerous?
Online trading is dangerous when using leverage. Make sure you understand risk management before you start trading.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.