Best Trading Platform in Kuwait

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The top online brokers in Kuwait are IQ Option, AVATrade, eToro, XM, and Pepperstone. Kuwaiti traders have access to numerous assets, like commodities, indices, ETFs, and forex. Some traders prefer IQ Option because it is highly regulated. Others opt for the variety of tradable assets available at eToro. 

This article will discuss the top brokers and platforms for Kuwaiti citizens. 

The Top 5 Online Brokers For Kuwaiti Citizens 

We created this review using a Trust Score Ranking system: 

  1. IQ Option is the best Kuwaiti broker for options trading
  2. AVAtrade is the leading beginner-friendly broker for Kuwaiti clients
  3. eToro is a premium social trading broker in Kuwait
  4. XM is the best forex trading broker for Kuwaiti citizens
  5. Pepperstone is the best online broker with the lowest trading fees

Best Online Brokers in Kuwait

#1IQ Option​Best overall offer4.7/5Options, stocks, forex and cryptoOfficial website
#2AVAtradeBest web trading platform4.9/5Beginner TradersOfficial website
#3eToroBest for copy trading4.8/5Social TradingOfficial website
#4XMBest for forex trading4.8/5Forex tradingOfficial website
#5PepperstoneBest for social trading4.8/5Low feesOfficial website

TOP 5 Trading Platforms in Overview:

01. IQ Option: The Best Kuwait Broker For Binary Options


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 and cryptocurrencies on a feature-rich and easy-to-use trading platform. IQ Options is excellent for traders at all levels from beginners to advanced. With nearly 16 million accounts and 3.6 million trades per day, IQ Options offers a transparent trading platform that enables users to trade forex, stocks, binary options, and cryptocurrencies.

The trading experience on their proprietary web, desktop, and mobile platforms is smooth. Their trading platform offers a great variety of charting tools that help traders predict future market movements.

02. AVA Trade: The Leading Beginner-friendly Web Trading Platform In Kuwait


Founded in Dublin in 2006, AvaTrade offers average-to-competitive fee spreads and several tradable currency pairs and CFD’s over stocks. AVAtrade trades dozens of cryptocurrencies and a handful of options. They provide several trading 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.

Regulated in six jurisdictions, AvaTrade began operating in the UAE in 2020. They are a trusted broker with a long operational history.

03. eToro: The Top Social Trading Broker 


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, 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.

68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

04. XM Trade: The Best Overall Forex Trading Platform For Kuwaiti Citizens

xm-rating is the best broker for trading forex and CFDs. They offer the best Social Copy Trading opportunities through their full suite of MT4 and MT5 web, desktop, and mobile platforms. XM Forex tools and accounts are suitable for both beginning and experienced traders. They have more than 1.5 million clients in 196 countries.

Their minimum opening fees range from $5 to $100 based on account type. XM Forex supports clients wanting to sample their platform with a Demo account. They provide auto-trading, fast order executions, multiple order types, and no hidden commissions. 

Their research group Tradepedia offers courses aimed at all levels. XM Forex customer service group is highly rated with e-mail, phone, and live chat 24/5. XM Forex Global Web-trade is regulated by CySEC, ASIC, IFSC and is considered a safe broker for trading forex and CFDs.

05. Pepperstone: The Lowest Trading Fees For Kuwaiti Clients


Based in Melbourne, 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 in cryptocurrencies, indexes, shares, and commodities. This broker is excellent for traders at all levels, from beginners to advanced. Pepperstone offers MetaTrader, cTrader and TradingView trading platforms with multiple self-developed add-ons. They do not have a proprietary mobile platform, instead use MT4 and cTrader mobile apps.

Pepperstone has a low minimum deposit, great customer support, and an above-average research section, and an award-winning set of educational tools. Their research is better than average. Their customer service is fast and reliable. It is available through 24/5 phone and online chat support plus an extensive FAQ web section, and e-mail.

Final Verdict 

IQ Option, AVATrade, eToro, XM Trade, and Pepperstone are the best online brokers for Kuwaiti citizens. All traders benefit from the services offered by these brokers. 

We recommend reading our in-depth reviews before choosing a broker. Kuwaiti clients benefit from impressive trading platforms and asset variety. 

Frequently Asked Questions 

We use real transactions and accounts for all our broker reviews, and we evaluate those brokers across 105 data points. You can learn about our practices in our methodology. 

Financial News and Online Trading Platform Regulation in Kuwait

In recent years, economic experts have been trying to draw attention to the need for Kuwait to diversify its economy to prepare for the future, but the government has been slow to adapt. The time to act is now.

How We Identify A Reliable Platform? 

We identified the top five trading platforms in Kuwait. We used many criteria like user experience, customer service, and fees to evaluate each broker.

Safety Risks For Kuwaiti Citizens 

A trustworthy broker for Kuwaiti citizens has top-tier financial regulation. Experienced brokers have a notable presence on an exchange or a banking history. 
Trading comes with risks because not all brokers have transparent policies. Read our broker reviews to learn about safety risks. 

What Is The Financial Regulatory Authority In Kuwait? 

Three regulatory authorities oversee Kuwait. 
– The Ministry of Commerce and Industry supports commercial and industrial activities. You can learn more about MCI here:
– The Kuwait Chamber of Commerce and Industry manages domestic economic matters. 
– The Central Bank of Kuwait regulates all Kuwait brokers. CBK oversees the practices and transparency levels of all providers. 

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

We selected the top trading platforms for Kuwaiti residents after thorough reviews. We used 105 data points like: 
Costs:  Transparent fee structures contribute to an excellent trading experience. Many brokers hide their costs, making it challenging to identify the best brokers without in-depth analysis. We found two brokers who offered the same US equity trades. There was a 500% increase in fees from one broker to another.
Accounts:  Some Kuwaiti brokers have multiple account types and different benefits and costs for those account types. Some brokers only have one account type and one base fee. Read our in-depth reviews to know which broker account is best for you. 
Withdrawal and deposit:  Some Kuwaiti brokers will charge an initial deposit fee, while others will charge a withdrawal fee. Some charge both, and others charge neither.  
The timeframe for depositing funds differs from one broker to another. You should check the broker’s policies for Kuwaiti residents. 
Market and products:  Not all brokerage firms have similar product coverage. Learning more about the market and products offers valuable information on the assets you can use. 
Trading platform:  A user-friendly online platform contributes to a good trading experience. We recommend you opt for one that it’s professional and straightforward to understand. 

Our Methodology

We took the time to analyze and compare the top 30 international trading platforms. 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 detail. 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.


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.