In this guide, we go over the best international online brokers in Central African Republic. We analyzed and researched hundreds of brokers, based on a variety of different factors. We compared every aspect of their services, focusing on security, fees & commissions, trading platform, regulation, offering of investments, trading tools, deposits & withdrawals, and more. Brokers had to meet a threshold to be considered in the following list.
Top Online Brokers in Central African Republic
- XTB comes in first as the best broker in Central African Republic. Best CFD Broker. Low Fees.
- Capital.com is in second. Best Education and Research. Commission Free Real Stocks.
- ActiveTrades comes in third. Low Fees and Great Deposit/Withdrawal.
- Alpaca Trading is in fourth place. Free stock and ETF trades.
- Tickmill finishes the list. Easy Account Opening.
Best Online Trading Platforms in Central African Republic
|Trading Platform||Our Score||Information||Minimum Deposit|
|#1||XTB||4.8||Great CFD Broker.||$250|
|#2||Capital.com||4.8||Wide Range Of Products. Zero Commission Real Stocks.||$20|
|#3||ActiveTrades||4.9||Forex and CFD Broker.||$500|
|#4||Alpaca Trading||4.7||API for Crypto and Stocks||$0|
|#5||TickMill||4.7||Premium Trading Products.||$100|
Read below, where we breakdown the top Stock Brokers in Central African Republic, starting with our best-rated XTB.
XTB – Best Platform in Central African Republic Overall
XTB is an established CFD broker offering access to over 2100 global markets. XTB is a broker founded in 2002 with offices in London and Warsaw. Their platform and mobile app are easy-to-use and their education is top-notch. They have over 450,000 customers worldwide, and offer fast and qualified customer support.
It is a secure online broker, regulated by a number of well-known authorities around the world, including the tier-1 UK Financial Conduct Authority (FCA). Finally, XTB makes its financial records public on its website, further enhancing its trustworthiness.
Capital.com – Wide Range Of Products
Capital.com is a great CFD broker, founded in 2016. It is well regulated and offers a wide range of markets. The company is regulated by FCA, FSA, CySEC, ASIC and NBRB.
They offer low spreads, great order execution, a great educational app and research. Capital.com operates with high security standards. Their platform is easy to use with great tools. Capital.com offers Commodities, Indices, Cryptocurrencies, Shares, Forex, and ETFs.
When it comes to educational content, research, and platforms, Capital.com comes out on top. Capital.com has some great educational resources, like articles, videos, and a comprehensive training program, which is ideal for inexperienced traders who are just getting started.
ActivTrades – Best Broker Overall in Central African Republic
Founded in 2001, ActiveTrades is FCA and CBS-regulated with headquarters in the UK. The platform focuses on online forex and CFD trading and even offers a free demo for you to get a taste of its services.
What we like about ActivTrades is there are no deposit or withdrawal fees. Benefits of trading with the platform include 24/7 customer service, fully automated trades, 0 hidden fees and fast execution.
Alpaca Trading – Crypto and Stock API
Central African Republicans can gain access to the US exchange through Alpaca Trading. Established in 2015, the platform offers commission-free trading on stocks and ETFs, which is a huge leg up on its competitors. The platform is also focused on API trading for those that are looking for it.
The USP of Alpaca Trading is the free stock and ETF trades, but keep in mind that you will only have access to the US markets and there are fees in other areas such as interest on cash balances and fees for sending orders (although small).
Tickmill – CFD Broker with Low Spreads
Tickmill is a low spread high CFD online forex broker that was established in 2014. Aside from forex and CFDs, Tickmill also allows traders to dabble in futures, small exchanges and even crypto.
There are 3 different types of accounts, and the Pro and Classic Accounts only require a deposit of $100 minimum. However, business accounts demand a higher investment minimum of $50,000. Tickmill also offers plenty of withdrawal options bank transfer, Skrill, Visa and Mastercard.
How to pick an online trading platform?
When picking a platform you should consider the following factors:
- Overall great service
- Fees & Commissions
- Range of Products
- Account Opening Process
- Deposits & Withdrawals
Online Trading and Regulation in Central African Republic
Online trading in the Central African Republic is gaining more and more attention from the ambitious residents of the country, and in order for the trading process to be both safe and successful, it needs to be overseen by the financial regulator(s) in this country. The Conférence Interafricaine des Marchés d'Assurances (CIMA) is the financial regulatory body in the Central African Republic.
To learn more about the CIMA, you can visit its official website: https://cima-afrique.org/?lang=en, or its webpage on Wikipedia.
We hope you found all the details you needed in our guide. We took into account every possible detail of all renowned brokers, such as fees, payment methods, regulatory bodies, commission charges, to provide you with the best options. Just to recap, here are the best online brokers in Central African Republic:
|Mobile App Score||4.8||4.9||4.8||4.6||4.6|
|Trading Platform Score||4.8||4.9||4.8||4.7||4.6|
|Offering Of Investments Score||4.6||4.8||4.7||4.4||4.6|