Home Finance Kenya Best International Online Interactive Brokers in Kenya 2022

Best International Online Interactive Brokers in Kenya 2022

Best International Online Interactive Brokers in Kenya 2021

Online interactive brokers have made trading opportunities accessible to investors who may not be very well conversant with the trading process. With the world becoming more and more digitized every day, the world is more connected and a whole new level of unlimited potential and opportunity has arisen. Trading in any of the securities exchanges around the world has been made possible. 

1. Interactive Brokers

This is the current leading online interactive broker available to Kenyan traders. The platform requires no minimum deposit, charges no inactivity fees, and offers all asset classes in different countries for trade. Interactive Brokers has beginner and experienced-level platforms that are suited to the traders.

2. Saxo Bank

Saxo Bank is an online broker originally founded in Denmark and now offering brokerage services around the globe. The minimum deposit with the broker is set at $2000 for traders to gain access to a wide variety of trading opportunities.

3. eToro

The broker charges a minimum deposit of $200 for access to the global social trading platform. eToro is beginner-friendly and is backed by professionals always ready to respond to client queries.

4. Capital.com

This is an online trading platform charging 0% commission, has fast order execution, high privacy and security standards, educational and informative content on the platform along with trends and industry news. These help to inform the traders’ choices in trading and keep them updated on developments in real-time.

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5. Oanda

This is a USA-based forex trader that does not require a minimum deposit from its clients. It has a portfolio comprising forex, indices, metals, commodities, and cryptocurrencies. The platform also gives insights on analyses carried out on the market behaviors. The insights verified by professional analysts are then shared with Oanda platform users improving their trading experience with the broker.

6. AvaTrade

AvaTrade has had over 200,000 traders since its establishment in 2006 in Ireland. The online interactive broker has a portfolio comprising forex, indices, cryptocurrencies, commodities, stocks, EFTs. trading is carried out on the MT4, MT5, web trader, and mobile app platforms.

7. Plus500

The Plus500 is among the online interactive brokers that can be accessed on web trader and mobile app platforms. Traders can trade cryptocurrencies, forex, indices, EFTs, and metals among more.

8. IG

IG was founded in 1974 to offer online interactive brokerage services to its client base of over 178000 traders. The company portfolio comprises forex, indices, stocks, cryptocurrencies, EFTs, and commodities.