The best trading platforms in Afghanistan in 2021 are IQ Option, AVATrade, eToro, XM, and Pepperstone. All brokers have distinct strengths and weaknesses. Some traders choose Pepperstone over AVATrade.
This article reviews the top online brokers in Afghanistan in 2021.
The Top 5 Online Brokers Of 2021 For Afghani Citizens
We use a Trust Score Ranking system in our reviews. The following brokers are the leading providers in Afghanistan.
- IQ Option is the number one online broker in Afghanistan.
- AVAtrade has the lowest spreads for Afghani traders.
- eToro is the leading social trading broker in Afghanistan.
- XM is the best forex trading broker.
- Pepperstone is the best beginner-friendly broker.
Best Online Brokers Afghanistan 2021
| RANK | BROKER | GENERAL | PLATFORM SCORE | BEST FOR | WEBSITE |
| #1 | IQ Option | Best overall offer | 4.9/5 | Options, stocks, forex and crypto | Official website |
| #2 | AVAtrade | Best web trading platform | 4.9 | Low spreads | Official website |
| #3 | eToro | Best for copy trading | 4.9/5 | Social Trading | Official website |
| #4 | XM | Best for forex trading | 4.9 | Forex trading | Official website |
| #5 | Pepperstone | Lowest trading fees | 4.8/5 | Beginners | Official website |
TOP 5 Trading Platforms in Overview:
01. IQ Option: The Best Broker In 2021
IQ Option is the best online broker for options trading, known for low spreads, a sophisticated trading platform, free demo account options, and responsive customer support. It is a great platform for traders looking to invest in options on a feature-rich and easy-to-use platform.
The trading experience on their proprietary web, desktop, and mobile (Android and iOS) platforms is smooth. It is an easy to learn and navigate platform suitable for professional and beginning traders. Their platform offers a great variety of charting tools that help traders predict future market movements.
IQ Option is a trustworthy online broker subject to the highest standards of regulation and safety in the industry. It is a CySEC (Cyprus Securities and Exchange Commission) authorized company with a 100% clean history.
02. AVA Trade: Best Web Trading Platform In Afghanistan
Founded in Dublin in 2006, AvaTrade offers average-to-competitive fee spreads and several tradable currency pairs and CFD’s over stocks. They provide several platforms, each aimed towards traders with different experience and skill levels.
Deposits and withdrawals are free of charge. The minimum deposit is $100. There are fees for inactivity and overnight financing. A dedicated educational and research site offers several free courses, videos, and market analysis.
Customer support is responsive and available through phone, email, and live chat. AvaTrade is regulated in six jurisdictions and available since 2021 in the UAE. They are regarded as a trusted broker with a long operational history.
03. eToro: Best For Social Trading
eToro is a safe online broker regulated by top-tier financial regulators. It is known for its multi-asset, features-rich trading platform, and advanced social copy trading features. This lets users copy trades and portfolios from other traders. Built in a forum-like way, it allows engagement between peers through a comment section.
eToro offers a range of CFDs over stocks, currencies, crypto, indices, and commodities. Trading spreads are wide, deposits are free. There are conversion and inactivity fees. eToro provides a comprehensive list of technical tools, charts, and newsfeeds. Their customer support is available through email and live chat.
04. XM Trade: Best For Forex Trading
XM.com is part of a much larger organization called the Trading Point of Financial Instruments UK Limited. This organization created the exam group in 2009, which then founded XM.com, which is now one of the best established and well-known investment firms in the world.
XM is chosen by many traders because their website is available in Arabic, and include excessive market information and educational content. They provide quality customer service, that includes a Dubai-based telephone line and Arabic email support. More details in our review.
They also offer some of the most powerful trading tools and many device apps, along with MetaTrader 4.
05. Pepperstone: Lowest Trading Fees For Beginner Afghani Traders
Based in Melbourne, Australia, Pepperstone is a reliable Forex and CFD broker, known for its diversity of trading platforms, industry-leading pricing, fast account opening, and great support. Pepperstone users can trade many assets including forex, CFDs, cryptocurrencies, indexes, shares, and commodities. This broker is excellent for traders at all levels, from beginners to advanced.
Pepperstone offers MetaTrader and cTrader with multiple self-developed add-ons. They do not have a proprietary mobile platform, instead use MT4 and cTrader mobile apps. It has a low minimum deposit, great customer support, and an above-average research section, and an award-winning set of educational tools.
Final Verdict
IQ Option, AVATrade, eToro, XM, and Pepperstone are the best online brokers in Afghanistan in 2021. These brokers have impressive product coverage and educational tools.
Frequently Asked Questions
We review online trading platforms with real accounts and money. We use 105 criteria, including costs, safety, and ease of access. Read about our techniques in our Methodology section.
How We Identify A Reliable Platform?
Safety is a major category in our reviews. We choose the top trading platforms in Afghanistan based on many factors. Commissions, product range, and research tools represent some of the aspects we discuss.
Safety Risks For Afghani Citizens
A professional broker for Afghani citizens has a long track record in the market and top-tier licenses. A reliable broker is present on an exchange or has a banking history.
Not all brokers have transparent policies. Learn about brokers and safety risks in our in-depth reviews.
What Is The Financial Regulatory Authority In Afghanistan?
The DA Afghanistan Bank is the central bank of the country. It manages all banking and financial transactions. The DAB focuses on financial inclusion and trading equity.
The DAB oversees the licensing and regulation of online brokers. Read about DAB on Wikipedia or its official website.
How We Chose The Top International Trading Platforms For Afghani Residents?
We selected the leading trading platforms for Afghani traders based on many factors. We used 105 unique data points, including:
Costs: A transparent fee policy is an important aspect of online trading. Some brokers have higher fees than others. Read about how commissions work in online trading in our in-depth reviews.
Account: Account types and services vary between brokers. Some brokers have many accounts across multiple tiers and pay structures. Other brokers offer a single account to all traders. Read our in-depth reviews to find out which is better for you.
Withdrawal and deposit: Withdrawing and depositing funds takes longer with some brokers than others. Our in-depth reviews detail the timeframes and policies of each broker relevant to Afghani traders.
Market and products: Each broker offers different products and accesses different markets. Discover information on the markets and products offered by each broker in our in-depth reviews.
Trading platforms: A professional and straightforward platform contributes to the online trading experience. Select a broker who provides an excellent platform with professional tools.
Our Methodology
We took the time to analyze and compare the top 30 international trading platforms in 2021. So, each firm received its review based on 105 distinct variables and more than 50,000 words of research.
Keep in mind that broker involvement was optional. Each broker had the option to provide a detailed profile and offer adequate time for a yearly update meeting. This opportunity came with two possibilities: giving information over the web or live in person.
We checked all the information provided by brokers with a lot of attention to details. Our purpose was to offer you access to reliable, accurate, and well-researched data. Our validation process comes with less than a 1% error rate per year, as all the reviews we share come with a focus on quality and not quantity.
Disclosure
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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