Best Trading Platform in Jordan

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Do you need to find the best trading platform in Jordan?

We use data from 105 online brokers in 9 categories to find the Best Trading Platform in Jordan. The categories we use include platforms, assets, fees, customer support, regulation, deposits & withdrawals, mobile trading apps, research & education, and Islamic account availability.

With 214 variables and 3500 data points, we reveal the Best Trading Platform in Jordan.

The following list contains the top online brokers in Jordan. We used several criteria and a Trust Score ranking system to identify the best brokers. The best online trading platforms in Jordan are: 

The Top 5 Online Brokers For Jordanian Citizens 

The following list contains the top online brokers in Jordan. We used several criteria and a Trust Score ranking system to identify the best brokers. The best online trading platforms in Jordan are: 

Best Online Trading Platforms in Jordan

RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1AVAtradeBest For Forex and CFDs4.9 / 5Best trading platformOfficial website
#2PepperstoneLow trading fees4.9 / 5Best CFD PlatformOfficial website
#3SarwaMultiple order types available4.2 / 5Suitable for both beginner and professional tradersOfficial website
#4Interactive BrokersIndustry leading fee structure4.9 / 5Professional tradersOfficial website
#5Saxo BankBest for locals4.9 / 5Best for local tradersOfficial Website

TOP 5 Trading Platforms In Overview:

1. AVAtrade – The Best Web Trading Platform

AVAtrade logo

Rating: 4,9/5

Min Deposit: $100

Fees: 4.9

Assets available: 4.9

Total Fees: 0.9 pip

Open account Read review

71% of retail CFD accounts lose money

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.

Besides 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. Pepperstone – Best CFD Platform

Pepperstone logo

Rating: 4,9/5

Min Deposit: $200

Fees: 4.9

Assets available: 4.8

Total Fees:

Open account Read review

74-89% of retail CFD accounts lose money

Pepperstone is an Australian CFD broker, founded in 2010. Their platforms offers access to 180 + financial instruments including forex and CFDs on stocks, indices, commodities and cryptocurrencies.

Trading platforms available on Pepperstone are listed below.

  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • cTrader

The platform charges zero spreads on most forex pairs and a fixed commission of $3,50. Peppesrtone is a reputable broker regulated by top-tier financial authorities including the Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC).

Pepperstone’s customer support is available 24/7 in English and Arabic. They are reachable through email, live chat, and phone.

Pros

  • Algorithmic trading features
  • Multiple third party integrations (MT4, MT5, cTrader, Tradingview)
  • Competitive fees
  • Social trading features
  • Excellent education and research materials

Cons

  • Limited video educational resources
  • Limited advanced order types
  • Customer not available in Arabic

Key features

  • 60+ Forex pairs and 700+ different CFDs
  • MetaTrader 4, MetaTrader 5, cTrader trading platforms
  • TradingView integration
  • Zero spreads on a few forex pairs including EUR/USD
  • Special set of tools for professional traders
  • Islamic swap-free account available

3. Sarwa – Suitable for both beginner and professional traders

Sarwa logo

Rating: 4,2/5

Min Deposit: $5

Fees: 4.5

Assets available: 4.5

Total Fees:

Sarwa, founded in 2017, is the most popular DFSA and FSRA-regulated Robo-Advisor for both beginner and professional Dubai-based investors. It features an automated trading platform that offers investors the opportunity to invest in multiple mutual funds and ETFs or trade the markets themselves according to their risk appetite. 

Sarwa has low trading fees, offers personalized investment options, and is backed by robust technology, making investing and portfolio management easy and accessible to its users.  

Pros

  • Suitable for both beginner and professional traders
  • Option to visit their offices in Dubai or Abu Dhabi and receive direct investment advice
  • Competitive trading fees

Cons

  • Few banking options

Key features

  • Invest in or trade over 2,000 US stocks, ETFs, and cryptocurrencies
  • 5 differently diversified portfolios available to invest in
  • Physical offices in Dubai and Abu Dhabi
  • Well-suited for both beginner and advanced traders and investors
  • Multiple order types available
  • Access to historical and real-time price data
  • Transfer money without paying any fees from local UAE bank accounts

4. Interactive Brokers – Best For Professional Traders

Interactive Brokers logo

Rating: 4,9/5

Min Deposit: 0 ($2000 for margin account)

Fees: 4.9

Assets available: 4.9

Total Fees:

Open account Read review

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

5. Saxo Bank – The Most Tradable Assets

Saxo Bank logo

Rating: 4,9/5

Min Deposit: $2000

Fees: 4.7

Assets available: 4.9

Total Fees:

Open account Read review

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

How We Chose The Top International Trading Platforms For Jordanian Residents?

We choose the Best Trading Platform in Jordan 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 availability.

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 Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Educational Resources Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Webinars Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes
Daily News Updates Yes No No Yes Yes No Yes Yes Yes No Yes
Personal Training and Room Access Yes No No No Yes No No Yes No Yes No
Market In-depth Analysis Yes No No Yes Yes No No Yes Yes No Yes
Market Research Yes Yes No Yes Yes Yes Yes Yes Yes No Yes
Trading Signals Yes No No Yes 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 Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Shares 0 0 4000 10000 60 0 0 2800 0 30000 16500
ETF and Funds 0 0 1 1000 9000 0 0 0 0 5900 35000
Crypto 0 0 1 0 26 0 0 30 0 9 4
Commodities 0 0 0 0 0 0 0 0 0 0 1
Indices 0 0 0 0 0 0 0 0 0 0 3052
Options 1 0 1 0 6 0 0 0 0 3000 50000
Futures 0 0 1 0 6 0 0 0 0 300 245
Bonds 2 0 1 0 53000 0 0 0 0 4200 1000000
Forex 59 33 0 80 80 60 61 49 91 200 115
CFD Stocks 100 194 0 12000 0 600 730 2800 9500 19000 8000
CFD Commodities 15 3 0 6 12 31 22 54 22 50 2
CFD Crypto 14 19 0 10 12 17 18 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 Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Generic Platforms Yes No No Yes Yes Yes Yes No Yes No No
Proprietary Platform Yes Yes Yes Yes No No No Yes Yes Yes Yes
Desktop version Yes Trader Workstation, Client Portal Yes Yes Yes Yes Yes Yes Yes No Yes
Web version Yes Yes (Trader Workstation) Yes Yes Yes Yes No No Yes Yes Yes
Mobile App Yes No Yes Yes Yes Yes Yes No No Yes Yes
MetaTrader4 Yes No No Yes Yes Yes Yes No No No No
MetaTrader5 Yes No No No Yes Yes Yes No No Yes No
cTrader Yes No No No No Yes Yes No No Yes No
Other Generic Yes No No Yes Yes No No 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 Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Deposit Fee 0 0 0 0 0 0 0 0 0 0 0
Withdrawal Fee 0 0 0 0 $10 0 0 $5 0 0 0
Inactivity Fee $50 quaterly after 3 months Yes 0 Yes 0 0 0 $10 monthly after 1 year $15 per month (after 12 months) $100 – 6months 0
Overnight Fee Yes Yes No Yes Yes Yes Yes Yes 2.5% Yes Yes on CFD’s
Cost Per Trade 0 0 0 0 0 0 $3.5 per lot 0 0 0 0
Cost Per Month 0 €10 0 $18 0 0 0 0 0 0 0
Stock and ETFs 0 0.48 pips 0.85% 0.3 pips $9 0 0 0 0+spread $1 $0.005 per share
FOREX (EURUSD) 0.9 pips 4.7 pips 0 0.6 pips 1.6 pips 0.6 0 1.1 pips 0.8 pips 1 0.2 pips + 0.08 to 0.20 bps times trade size commission
Crypto 0.35% 127.14 pips 0.75% 0 0.50% 0 0 0 0 0 0.12% to 0.18% of trade value
CFD (gold) 3.4 pips 4.8 pips 0 0.3 pips 5.37 pips 0.05 pips 0.0 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 Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Minimum in UAE $100 $10 $5 $5500 $0 $200 $200 $200 $100 $2000 0 ($2000 for margin account)
Bank Wire Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Cash No No No No No No No No No No No
Credit/Debit Card Yes $50 Yes Yes Yes Yes Yes Yes Yes Yes No
Check No No No No No No No No No No Yes from a US bank account
Islamic Account Transfer Yes No Yes No Yes Yes No Yes Yes No No
E-Paymenst Yes Yes No No No No Yes Yes No No No
Paypal No Yes No No No No Yes Yes No No No
Skrill Yes Yes No No No No Yes Yes No No No
Neteller Yes Yes No No No No Yes Yes 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

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 Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Email Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Phone Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Live Chat Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
24/7 support Yes Yes No No No No Yes Yes No Yes No
Multilingual Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Personal Account manager No No Yes Yes Yes Yes No 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 IQ Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Regulators ASIC, FSA, FSCA, CBI FFAJ, ADGM CySEC, FCA, Consob, CNMV, Regafi, AFM, FSA, CNB DFSA DFSA, FCA, BaFin, ASIC, JFSA, MAS, INMA, FTC, CFTC, NFA, FCA, DFSA ASIC, CySEC, FCA, DFSA, BAFIN, CMA, SCB FSA, 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 Option Sarwa IG Swissquote Pepperstone IC Markets eToro Forex.com Saxo Bank Interactive Brokers
Android Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Apple Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Watchlist (mobile) Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes
Economic Calendar (mobile) No Yes No Yes Yes Yes Yes No Yes Yes Yes
Charting Tools (mobile) Yes Yes Yes Yes Yes Yes Yes No Yes Yes Yes

Islamic Accounts

All of the brokers from our list offer Islamic accounts. This gives users access to trading strategies that are in compliance with the Sharia law requirements.

Which is the best Mobile Trading App in Jordan?

Our research shows that AVAtrade, Interactive Brokers, and Saxo Bank have the best mobile trading apps in Jordan. All the apps work on iOS and Android, and they are free. 

Consider these brokers for mobile trading:

  • AVAtrade
    builds its own trading app, called AvaTradeGo, and also gives its clients the mobile versions of MT4 and MT5. AvaTradeGo uses the same features as the desktop version, so if you already like AVAtrade’s desktop platform, the mobile app will be great. 
  • Interactive Brokers
    offers IMPACT for stock trading and crypto, and IBKR for trading all the other assets, like options, futures, and more. IBKR has loads of options, but it isn’t made for beginners. Anyone who needs a comprehensive mobile platform will like IBKR.
  • Saxo Bank
    offers SaxoTraderGO for mobile trading, and markets available on SaxoTraderGO are the same as the desktop trading platform. Traders can access advanced market data, charts, and limit orders with SaxoTraderGO. Saxo clients also have the option to use the mobile version of MT4, but it has less tradable assets. 

Online trading in Jordan

An account with an offshore broker gives you access to numerous global markets, like futures, options, ETFs, stocks, commodities, bonds, and mutual funds. 

The Jordan Securities Commission regulates financial markets in Jordan, but the best brokers for traders in Jordan are offshore. Traders in Jordan can tap into offshore brokers, and reach global capital markets. 

You can contact the Jordan Securities Commission to check on the registration status of a broker before you start trading. All the brokers we recommend follow regulations in their home nation. 

How to Open a Brokerage Account in Jordan?

It’s easy to open an offshore brokerage account in Jordan, and you need legal ID like a passport or driver’s license, a bank account, and proof of address, like a utility bill. 

STEP ONE: Choose a broker and make sure you have enough money for the minimum deposit. Then you can open an account online in a few minutes. If you need an interest-free account compliant with Sharia law, make sure you open the correct account type. 

STEP TWO: After you sign up for an account, they will require KYC documents, like a passport and utility bill. You can fund your account after you pass the KYC check.

Look at the funding methods the broker accepts, so you don’t have surprises later on. Funding an offshore account is more expensive than domestic transfers, so look for options like PayPal that are cheaper than a wire transfer. 

STEP THREE: You need to choose a trading platform after you fund the account, and open new positions. Now you are trading! 

Points to consider before you get started

Anyone in Jordan who isn’t a seasoned investor should consider a few important things before trading or investing. 

Here are three things to think about:

  • Your Goals 
    Every investor has goals, so when you invest, think about your goals before buying anything. Your investment philosophy also impacts your broker selection, because some brokers are better for day traders, and others are a better fit for long term investment. For example, a broker that sells ETFs and mutual funds is better for long term investors, and to a broker that sells CFDs is better for traders. 
  • The Asset Question 
    There are many ways to invest and trade, and the assets you choose to buy need to fit how you want to trade or invest. For example, if you want to day trade, you should look for a broker that allows you to use leverage, and sells derivatives, like CFDs. On the other hand, if you want to save for retirement, a broker selling ETFs is the better choice. 
  • Are You an Active Investor? 
    Active investors should look at fee structures, and how often they can trade. Some people want to trade daily or weekly, and others buy assets and hold them for years. When you choose a broker, consider how often you plan to trade. If a broker has low fees, but you don’t buy assets often, the other aspects of the broker, like custody, are more important. 

Final Verdict 

After reviewing 105 brokers across 9 categories, we think AVAtrade is the Best Trading Platform in Jordan. AVAtrade has a solid platform, a good fee structure and full time customer support. Investors can buy ETFs, stocks, mutual funds, futures, commodities, options, and more with AVAtrade

FAQ

Is Online Trading Legal in Jordan?

Online trading is legal in Jordan, and investors can choose top-rated brokers that offer assets, like ETFs, stocks, commodities, mutual funds and forex.

How do I Use an Offshore Broker?

Investors in Jordan can open accounts with offshore brokers, and trade global markets, as well as select regional markets, like the UK, Australia, and others.

What is the Best Trading Platform in Jordan?

Our research shows that AVAtrade is the best broker for investors in Jordan.

Is Online Trading Permitted by Sharia Law?

The brokers we review have Sharia compliant accounts that are interest-free, because charging interest is haram.

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.

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