Best Trading Platform in Kazakhstan

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In this guide, we go over the best trading platforms in Kazakhstan. We have analysed 174 brokers and evaluated their platforms in 8 major categories. We measured all aspects of their service including trading platforms, fees, mobile trading, deposits & withdrawals, assets, regulation, research & education, customer support and islamic account options.

Trading platforms that reached the highest scoring are considered in the following list:

Top 4 Trading Platforms in Kazakhstan

best-trading-platform-kazakhstan
  1. CMC Markets – Best trading platform overall
  2. Interactive Brokers – Great Overall Pick
  3. Capital.com – Best in research and education
  4. OandA – Low risk CFD and forex broker

Best Online Trading Platforms Kazakhstan

PLATFORMSCOREGENERAL INFOMINIMUM DEPOSIT
#1CMC Markets5Best trading platform overall$0
#2Interactive Brokers4.9Great Overall Pick$0
#3Capital.com4.7Best in research and education$20
#4OandA4Low risk CFD and forex broker$0


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

01. CMC Markets: Best Platform Overall

cmc-markets-rating

CMC Markets is a reputable online broker known for its award winning trading experience, excellent selection of tradable instruments and industry leading pricing. With over 12.500 tradable instruments across all asset classes, CMC is among industry leaders in market coverage. 

Their proprietary trading platform called Next Generation is reliable, fast executing and fully packed with useful trading tools and indicators. It features an impressive education and research section full of quality in-house and third party content. 

CMC Market offers the lowest commissions and fees in the industry. Low spread fees (0.73 pip on EUR/USD) are available for traders at all levels and accounts. Additional bonuses and rebates for active traders makes CMC Markets a market leader in costs and fees.


02. Interactive Brokers: Great Overall Pick

interactive-brokers-rating

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).


03. Capital.com: Best For Research and Education (Discount Broker)

capital-com-broker-rating

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.


04. OandA: Low risk CFD and forex broker

oanda-rating

OandA is a low risk CFD and forex broker with an extensive market research section, daily market updates and social trading features. Authorized by 6 tier one regulators, it is considered low risk for traders all across the globe. Their trading platform is intuitive, automate-executing and offers multiple features for algorithmic and social trading. Mobile trading is available through fxTrade on industry leading research and charting tools.

For a low cost broker, their fees and commissions are above industry average across all accounts (core and default).


How To Pick The Right Platform?

The main criteria to consider when choosing a trading platform in Kazakhstan include: fees, trading platform, mobile trading, deposits & withdrawals, assets, customer support, liquidity and security.

Fees: Choose a broker with a transparent fee structure and avoid brokerage accounts with high fees on trades, overnight fees and hidden fees. Commission and spread fees are common with Kazakhstan brokerage accounts. Spreads should vary between 0.03% to 0.5% depending on your trading volume.

Trading platforms: They should be user friendly, grant access to trading tools and indicators and suitable to traders at all levels. We recommend you opt for a platform with a technical charting interface and built-in market data. A comprehensive market news feed and access to advanced features are a must.

Mobile Trading: Mobile trading apps should offer the same trading tools and charts as their web versions. Choose mobile platforms with full-screen charting options and social feeds.

Deposit & Withdrawal: Deposit and withdrawal needs to be fast and simple. Choose an broker that offers your preferred payment method and industry leading commission and fee structures.

Assets: Look for coverage of preferred assets. Kazakhstan traders are allowed to access all tradable asset classes including forex, stocks, indexes, options, FOPs, commodities, futures, indices, bonds, swaps, mutual funds, hedge funds, spot gold, ETFs and cryptos.

Regulation: Brokers with top-tier licenses follow strict rules enforced by a trustworthy regulators and offer high security standards. We recommend users to choose platforms with FCA, CySEC, and ASIC licenses and tier one regulations.

Research & education: Beginner and average traders and investors should choose a broker with research and education tools including: weekly webinars, daily news updates, personal account manager, personal training and room access.

Customer support: Beginner traders should look out for responsive and professional 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.

Online Trading In Kazakhstan

Online trading in Kazakhstan takes place on the Kazakhstan Stock Exchange (KASE). Traders and investors can trade stocks of domestic companies listed on the exchange. The National Bank of Kazakhstan oversees the KASE and regulated the Kazakhstani securities market.

If residents of Kazakhstan want to trade or invest in stocks in companies that aren’t based in Kazakhstan, they have to do so via brokers or trading platforms based abroad. Kazakhstani traders and investors are free to do so, but their funds aren’t protected by The National Bank of Kazakhstan.

Online Trading Regulation

The National Bank of Kazakhstan (NBK) is the central bank of Kazakhstan and the main financial regulatory body in the country. All Kazakhstan-based companies that do business in the financial sector have to apply for a license with the NBK. Financial companies based outside of Kazakhstan can market their products and services freely to residents of Kazakhstan without having a license from the National Bank of Kazakhstan.

The trading, investing, and mining of cryptocurrencies is legal in Kazakhstan and it is labeled as an official business activity. Kazakhstan residents are free to buy, trade, mine, and pay for goods and services with Bitcoin and other cryptocurrencies. The Kazakhstan Stock Exchange warns traders and investors of cryptocurrency scams going on in the country.

Licence Verification

You can verify the license of any broker or trading platform based in Kazakhstan on the official KASE website by searching the Brokers-Dealers database. If the broker or trading platform you are using is based outside of Kazakhstan you can check the list of Foreign Brokers and Dealers with KASE membership instead on the official KASE website. If a offshore broker is not on the members list, we recommend checking the websites of other regulatory bodies including the CySEC, FCA, or ASIC instead. Most foreign cryptocurrency exchanges operate unlicensed as there is no legal framework for this in place yet.

Conclusion

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

Interactive Brokers is the second best trading platform for Kazakhstan residents, because of their low fees, advanced trading tools, copy trading features and a responsive customer support. Capital.com, 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 Kazakhstan?

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

How Much Should I Invest When Trading Online in Kazakhstan?

You should always invest at least the minimum deposit amount Kazakhstan and international brokers require you to open an account. In most cases, this is about $50.

Is Crypto Trading Available In Kazakhstan?

Yes, crypto trading is available to Kazakhstan citizens. The leading trading platforms offer Bitcoin trading via CFDs.

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

You can check if a trading platform has a valid operating license on the KASE official website. If the broker is based outside of Kazakhstan, you can check the official websites of CySEC, FINRA, ASIC, BaFin, or FCA instead.


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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