Best Trading Platform in Tunisia

Page Summary

In this guide, we go over the best trading platforms in Tunisia. 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 Tunisia

  1. IG – Best trading platform Overall
  2. Interactive Brokers – Great Overall Pick
  3. CMC Markets – Award-winning trading experience
  4. Tickmill – Great MetaTrader suite implementation on competitive pricing

Best Online Trading Platforms Tunisia

PLATFORMSCOREGENERAL INFOMINIMUM DEPOSIT
#1IG5Best trading platform Overall$0
#2Interactive Brokers4.9Great Overall Pick$0
#3CMC Markets5Award-winning trading experience$0
#4Tickmill4Great MetaTrader suite implementation on competitive pricing$100

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

1. IG Trading – Best trading platform Overall

IG Trading logo

Rating: 4,2/5

Min Deposit: $5500

Fees: 3.7

Assets available: 4.5

Total Fees:

Open account Read review

75% of retail CFD accounts lose money

IG is one of the largest and most popular regulated forex and CFD brokers globally. Traders can trade thousands of markets using IGs trading platforms like L2 Dealer and ProRealTime or connect their IG brokerage account with MetaTrader 4.

IG offers educational material, daily market update videos, and both technical and fundamental analysis case studies. If you are new to online trading, you can practice with IG’s free demo paper trading account first. For experienced traders IG offers spread rebates and access to more advanced financial instruments like digital options.

Pros

  • Access to over 17,000 markets
  • Cutting-edge mobile and desktop trading platforms
  • Excellent customer support and broad range of educational material

Cons

  • High fees on CFDs
  • Few banking options

Key features

  • Trade over 17,000 markets with a broker that has been in business since 1974
  • Access to Turbo24s, and CFDs and options on forex, indices, crypto, stocks, and commodities
  • Unlimited free demo paper trading account
  • Advanced research and analysis tools like L2 Dealer and ProRealTime
  • Access to APIs to set up Expert Advisors and other automated trading software
  • Receive trading signals and alerts to find excellent entry and exit points

2. Interactive Brokers – Great Overall Pick

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

3. CMC Markets – Award-winning trading experience

CMC Markets logo

Rating: 4,0/5

Min Deposit: 0

Fees: 3.7

Assets available: 3.2

Total Fees:

Open account Read review

65% of retail CFD accounts lose money

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.

Pros

  • Wide range of available assets
  • Free demo paper trading account
  • Excellent customer support

Cons

  • Offers only CFD trading and spread betting
  • Few education and research tools available
  • High fees compared to other brokers

Key features

  • Access to 9000+ shares and ETF CFDs
  • 300+ tradable forex pairs
  • Cryptocurrency CFD trading available
  • Compatible with metaTrader 4
  • Well-suited for beginner and advanced traders
  • Gives spread rebates

4. Tickmill – Great MetaTrader suite implementation on competitive pricing

Tickmill logo

Rating: 4,2/5

Min Deposit: 0

Fees: 4.5

Assets available: 3.0

Total Fees:

Open account Read review

70% of retail CFD accounts lose money

Tickmill is a reputable online broker and a great choice for investors looking for a great MetaTrader suite implementation on competitive pricing. Despite not having a proprietary platform, they offer full availability of third party solutions including the MetaTrader suite, CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.

Their pricing on Classic and VIP accounts is at the level of industry leading low cost brokers. Choose Tickmill if you are a high volume trader looking to place trades on the most popular currency pairs and CFDs.

Pros

  • Compatible with MetaTrader 4 and 5
  • Free $30 no deposit bonus for beginner traders
  • Futures and options trading via CQG trading platform

Cons

  • Only offers CFD and forex trading
  • No Islamic swap-free accounts available

Key features

  • Trade over a thousand CFDs on stocks, crypto, commodities, over 40 forex pairs, and options and futures
  • Advanced TradingView charting addons available
  • Receive real-time market sentiment data directly from the Dow Jones news feed
  • Free access to Tickmill VPS and Autochartist
  • Low, competitive floating spreads
  • Up to 1:30 leverage for retail clients and up to 1:500 for leverage for professional clients

How To Pick The Right Platform?

The main criteria to consider when choosing a trading platform in Tunisia 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 Tunisia 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. Tunisia 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 Tunisia

Online trading in Tunisia happens on the Borse de Tunis, which is the only stock exchange in the country. Around 50 domestic companies are enlisted on this exchange and if Tunisians want to trade or invest in international stocks, commodities, cryptocurrencies, or other financial instruments they will have to do so with foreign brokers and trading platforms. It is legal for Tunisians to trade and use the services of foreign-based trading platforms and brokers, as long as they pay capital gains tax on their profits. We recommend Tunisians trade with the brokers and trading platforms mentioned in this guide.

Online Trading Regulation

Online trading is regulated by the Banque Centrale de Tunisie (BCT). All brokers and trading platforms with a physical presence in the country must apply for a license with them before offering their products and services to Tunisians. Companies offering financial services based outside of Tunisia don’t need a license from the BCT and can offer their services to Tunisians without restrictions.

Tunisia banned the use of cryptocurrencies and it is illegal to buy, trade, or pay for goods and services with Bitcoin or other cryptocurrencies in Tunisia.

License Verification

You can check whether a broker or trading platform operating in Tunisia has a valid license to offer these services by going to the official website of the Banque Centrale de Tunisie and typing in its name in the ‘Entités Enregistrées’ section. If company details show up, the broker or trading platform is licensed. If nothing shows up, the company is unlicensed and we recommend you to trade with one of the best trading platforms in Tunisia mentioned in this guide instead. Note that it is illegal to trade cryptocurrencies in Tunisia.

Conclusion

Based on our review, we consider IG as the best trading platform for Tunisia 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 Tunisia residents, because of their low fees, advanced trading tools, copy trading features, and a responsive customer support. CMC Markets, and Tickmill 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 Tunisia?

Yes, there are trading platforms available in Tunisia that offer 0% commission trading like

How Much Should I Invest When Trading Online in Tunisia?

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

Is Crypto Trading Available In Tunisia?

Yes, crypto trading is available to Tunisia 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 broker or trading platform has a valid license by checking the ‘Registered and Reporting Entities’ databases on the official websites of regulatory bodies like the CySEC, FINRA, ASIC, BaFin, or FCA. For Tunisia-based brokers, you can check the official website of the Banque Centrale de Tunisie instead.

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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