Best Trading Platform in Barbados

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In this review, we offer details about the best trading platforms in Barbados. We have analyzed 174 brokerage firms and tested their platforms in 8 categories. We considered all aspects of their offering, including fees, platforms, mobile apps, assets, funding options, licenses, customer service, research, and education. 

Trading platforms that have the highest scores are below. 

Top 5 Trading Platforms in Barbados

  1. eToro – Best trading platform overall
  2. – Top choice for traders looking for a discount broker
  3. Interactive Brokers – Broker with a well-rounded offer of tradable markets
  4. – Great for users looking to trade forex and CFDs
  5. IQ Option – Low spreads and a sophisticated platform

Best Online Trading Platforms Barbados

#1eToro4.9Best trading platform overall$200
#2Capital.com4.7Top choice for traders looking for a discount broker$20
#3Interactive Brokers4.9Broker with a well-rounded offer of tradable markets$0
#4Forex.com4Great for users looking to trade forex and CFDs$100
#5IQ Option4.7Low spreads and a sophisticated platform$10

The section below breaks down the best trading platforms in Barbados, beginning with the highest-rated.

01. eToro: Best Platform Overall


eToro is a popular social trading broker with industry-leading platforms and services. It offers robust security and follows strict rules under leading regulators. This multi-asset broker lets users trade many symbols, including forex, cryptocurrencies, and stocks. eToro has a transparent fee structure and charges conversion and inactivity fees. 

This brokerage firm is a market maker broker with an excellent reputation. We recommend this broker for traders at all levels who want access to a comprehensive list of technical tools. eToro has an above-average customer service available in Arabic and English. 

02. Best Trading Platform For Educational Content 

capital-com-rating is a leading discount broker with excellent learning tools and resources. It offers a premium trading experience and professional tools. has a comprehensive portfolio with access to CFDs on cryptos, indices, stocks, forex pairs, and commodities. 

This broker has top-tier licenses from the FSA, CySEC, ASIC, and FCA. Select this broker if you’re searching for an outstanding mobile trading experience and a professional web platform. The minimum deposit at is low.  

03. Interactive Brokers: Best Platform With A Versatile Portfolio 


Interactive Brokers is a highly-trusted brokerage firm with an excellent service and asset portfolio. It offers access to valuable educational content and many tradable markets. Interactive Brokers is a secure broker with an industry-leading platform. It has an excellent fee structure and no hidden costs. 

The Global Trader platform is their entry-level service for beginners and intermediate traders. The Trader Workstation desktop platform is a top choice for advanced traders. 

04. Best Platform For Forex And CFD Trading 

forex-com-rating is a powerful forex broker with excellent forex and CFD trading services. It has a feature-rich platform with advanced social trading tools. has great asset coverage and offers stocks, currencies, and cryptocurrencies. 

This broker stands out because of its learning resources, impressive market research, and forex education materials. Traders receive competitive fees depending on their trading volume. 

05. IQ Option: Best Trading Platform With Low Spreads 


IQ Option has a long track record in the industry as a secure broker with low spreads and a sophisticated platform. It offers forex, CFDs, and options trading services. The IQ Option trading platform is well-designed and provides access to many services. This broker has a free demo account and excellent customer service in English. 

IQ Option is a secure broker with a top-tier license from the CySEC. It follows the highest standards of regulation in the industry. 

How To Pick The Right Platform?

To pick the right trading platform, you have to consider key aspects such as fees, platforms, mobile apps, funding options, customer service, assets, liquidity, and safety protocols. 

Fees: Select a brokerage firm with a straightforward fee structure and avoid brokers with high trading costs and hidden fees. Commission and spread fees are common with Barbados brokerage accounts. 

Trading Platforms: Platforms need to be user-friendly and offer access to reliable tools and indicators. We recommend you consider a platform with built-in market data and tools suitable for traders at all levels. 

Mobile Trading: Mobile apps need to offer the same tools and charts as their web versions. Select mobile platforms with full-screen charting options, market news, and social feeds. 

Deposit & Withdrawal: Deposit and withdrawal need to be user-friendly. Select a provider that has your preferred funding solution and a transparent fee structure. 

Assets: Consider a platform with coverage of your preferred assets. Traders in Barbados receive access to many asset classes, including forex, cryptos, ETFs, futures, and indices. 

Regulation: Online brokers with top-tier licenses comply with strict rules and provide industry-leading safety measures. We recommend traders choose platforms with CySEC, FCA, and ASIC licenses. 

Research & Education: New and average traders need to use the services of a broker with different research and education tools, including webinars, market data, and personal account managers. 

Customer Support: New traders need access to responsive and reliable customer service 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 Sharia law.

Regulation Of Trading Platforms In Barbados 

The Financial Services Commission (FSC) controls regulation for trading platforms and financial activities in Barbados. All providers that offer online trading and investment services need to have a license from the FSC. The FSC enforces all relevant rules and regulations in Barbados. 

License Verification 

You can perform license verification by accessing the main website of the FSC. Access the documents section and look out for the name of the broker. If the broker has its headquarters outside Barbados, you need to verify the official websites of ASIC, FINRA, FCA, BaFIN, or CySEC. Check their database of Registered Entities. If the search doesn’t offer any results, you might be dealing with an unregulated platform or broker. 


Based on our review, we consider eToro as the best trading platform for Barbados residents. They offer a low minimum deposit, competitive fees, advanced charting tools, social trading features, and responsive customer support. is the second-best trading platform for Barbados residents, because of its low fees, advanced trading tools, copy trading features, and responsive customer support. Interactive Brokers,, and IQ Option wrap up our list of top platforms with a great overall offer and above-average ratings.


Are There Commission-Free Platforms In Barbados?

Yes, there are platforms available in Barbados that offer access to 0% commission trading. 

How Much Should I Invest When Day Trading in Barbados?

We recommend you start with the minimum deposit amount. On average, online brokers have a minimum requirement of $50. 

Is Crypto Trading Available In Barbados?

Yes, crypto trading is available in Barbados. The main platforms offer crypto trading via CFDs. 

How To Check If A Platform Has a Valid License?

If you want to verify if a platform has a valid license, you should access the FSC official website. 

Do Trading Platforms Need A License? 

Yes, secure online brokers get a license for their services and trading platforms. All providers have to receive at least one license to offer their services in Barbados. 

Are There Any Safety Risks For Traders In Barbados? 

Day trading comes with many risks. Online trading activities in Barbados are legal. But you have to use the services of a secure broker that follows strict rules and has top-tier licenses.  

Do You Need A Mobile Trading App? 

Most traders need access to a mobile app to match their trading needs and style. We recommend you use platforms with intuitive interfaces and responsive mobile apps.   

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.

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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Braden Chase is an investor, trading specialist, and former research specialist for who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.


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