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
- IG – Best trading platform Overall
- Interactive Brokers – Great Overall Pick
- CMC Markets – Award-winning trading experience
- Tickmill – Great MetaTrader suite implementation on competitive pricing
Best Online Trading Platforms Tunisia
|PLATFORM||SCORE||GENERAL INFO||MINIMUM DEPOSIT|
|#1||IG||5||Best trading platform Overall||$0|
|#2||Interactive Brokers||4.9||Great Overall Pick||$0|
|#3||CMC Markets||5||Award-winning trading experience||$0|
|#4||Tickmill||4||Great MetaTrader suite implementation on competitive pricing||$100|
Below section breaks down the best trading platforms in Tunisia beginning with the highest rated…
01. IG: Best trading platform Overall
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.
02. Interactive Brokers: Great Overall Pick
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. CMC Markets: Award-winning trading experience
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.
04. Tickmill: Great MetaTrader suite implementation on competitive pricing
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.
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.
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.
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.
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.
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.
If you liked this article then also read:
- Saudi Arabia
- 1 Top 4 Trading Platforms in Tunisia
- 2 Best Online Trading Platforms Tunisia
- 2.1 01. IG: Best trading platform Overall
- 2.2 02. Interactive Brokers: Great Overall Pick
- 2.3 03. CMC Markets: Award-winning trading experience
- 2.4 04. Tickmill: Great MetaTrader suite implementation on competitive pricing
- 2.5 How To Pick The Right Platform?
- 2.6 Online Trading In Tunisia
- 2.7 Online Trading Regulation
- 2.8 License Verification
- 3 Conclusion