In this guide, we go over the best international online brokers in Djibouti. 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.
Best Online Brokers in Djibouti
- Interactive Brokers comes in first as the best broker in Djibouti. Founded in 1978. Best Market Access.
- XTB comes in second. Best CFD Broker in Djibouti.
- Capital.com is in third. Commission Free Real Stocks. Educational Content and Research.
- OANDA comes in fourth. User-Friendly Platform.
- ActiveTrades finishes the list. CFD Brokerage. Low Fees.
Best Online Trading Platforms Djibouti
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | Interactive Brokers | 4.9 | International Broker With Wide Market Access. | $0 |
| #2 | XTB | 4.8 | Great CFD Broker In Djibouti. | $250 |
| #3 | Capital.com | 4.8 | Wide Range Of Products. Zero Commission Real Stocks. | $20 |
| #4 | OANDA | 4.8 | Great Forex Broker in Djibouti. | $0 |
| #5 | ActivTrades | 4.8 | Top-Rated CFD Broker Djibouti. | $0 |
Read below, where we breakdown the top Stock Brokers in Djibouti, starting with our best-rated Interactive Brokers.
1. Interactive Brokers – Best Overall in Djibouti
IBKR is a well-known worldwide broker formed in 1978 that offers a wide range of high-quality services to its clients with a $0 minimum deposit.
Interactive Brokers may be the perfect broker for you if you wish to trade a wide selection of markets through a heavily regulated broker with 150 markets in 33 countries.
International investors wishing to trade a big number of assets at low rates while also using a variety of advanced research tools will find this broker an absolute gem. IBKR also holds licenses from top-tier regulatory agencies, ensuring that your funds are safe!
For more, read our comprehensive review of Interactive Brokers.
2. XTB – Low Fee CFD Broker
4.9/5
XTB, a CFD broker founded in 2002 with headquarters in London and Warsaw, offers one of the highest-quality low-cost trading experiences in Djibouti.
Traders looking for an excellent trading experience with minimal forex CFD fees and a rapid deposit and withdrawal process will probably like trading with XTB. It's also a secure online broker regulated by several well-known regulatory authorities worldwide, including the tier-1 FCA. Finally, XTB boosts its trustworthiness by making its financial records available on its website.
3. Capital.com – Best for Educational Content
Capital.com is a CFD broker founded in 2016. It offers a wide range of markets. The company is regulated by FCA, FSA, CySEC, ASIC, and NBRB.
They offer excellent order execution, low spreads, research, and educational resources. Capital.com offers good educational information, like articles, videos, and a comprehensive training program, making it an excellent pick for beginner traders. Capital.com operates with high-security standards. Their platform is easy to use and has excellent tools.
You’ll undoubtedly be satisfied with the company's excellent research offering, which includes everything from fundamental economic data commentary to technical analysis and everything in between.
Capital.com offers Forex, Commodities, Indices, Cryptocurrencies, Shares, and ETFs.
For more, read our comprehensive review of Capital.com.
4. OANDA – Great CFD Broker
OANDA is a fantastic international broker founded in 1996 and well-known for its user-friendly platforms and comprehensive market research. The flagship fxTrade platform by OANDA is impressive and simple to use, with excellent market research and charting.
OANDA offers forex and CFD traders a variety of tools to assist them in navigating the markets, such as daily articles, research tools, and podcasts. OANDA also has a strong regulatory track record and provides third-party features, which is a big plus!
For more, read our comprehensive review of OANDA.
5. ActivTrades – 2000+ CFDs Available
4.7/5
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ActivTrades is an international broker established in 2001 and is regulated by the FCA and CSSF.
Low trading costs, a simple account setup process, a user-friendly platform, great research and education, a transparent fee report, and prompt customer service are some of the benefits you’ll get while trading with ActiveTrades.
However, keep in mind that ActiveTrades only offers FX and CFD trading; they don't not offer other popular assets like stocks, ETFs or bonds.
Compare Trading Platforms In Djibouti
Here is a comparison of platforms based on regulation, foundation date, regulation, minimum deposits, withdrawals and deposits, demo accounts, and more.
Check out how trading platforms stack up to each other:
| Trading Platform | Interactive Brokers | XTB | Capital.com | OANDA | ActivTrades |
|---|---|---|---|---|---|
| Founded | 1978 | 2002 | 2016 | 1996 | 2001 |
| Regulation | SEC, CFTC, FCA, NFA | FCA, CySEC, Fincancial Services Commission in Belize | FCA, CySec, ASIC, MiFID | CFTC, MAS, IIROC, FCA, ASIC, FSA (Japan) | The Securities Commission of the Bahamas, FCA |
| Offering Of Investments | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto | Shares, Forex, Commodities, Indices, Crypto | Forex | Forex, Shares, Indices, Commodities, Cyptocurrencies, ETFs |
| Minimum Deposit | $0 | $0 | $20 | $0 | $500 |
| Demo Account | Yes | Yes | Yes | Yes | Yes |
| Withdrawal Fee | 1 Free Withdrawal per Month | 20 USD for withdrawals under 100 USD | $0 | $0 | $0 and 9 GBP for Bank Transfer |
| Inactivity Fee | No | $10 monthly after 12 months | No | $10 monthly after 12 months | $0 |
| Deposit Methods | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution | Bank Transfers, Credit and Debit Cards, Skrill | Credit Cards, Bank Transfer, Wire Transfer, Sofort, IDeal, MultiBanko, Trustly, WebMoney, Qiwi, Skrill, and Neteller | Debit and Credit Cards, Bank Wire, Check (USD), ACH | Bank Transfer, Neteller, Skrill, Sofort, Paypal, Credit and Debit Cards |
Trading Fees Compared
| Trading Fee | Interactive Brokers | XTB | Capital.com | OANDA | ActivTrades |
|---|---|---|---|---|---|
| EURUSD | Spreads | 0.1 - 0.5 | Spread: 0.00006 | Spread: 1.4 | 0.87 |
| GBPUSD | Spreads | 0.1 - 0.5 | Spread: 0.00013 | Spread: 1.4 | 1.14 |
| Bitcoin | 0.12% - 0.18% of trade value | 3.5 USD | Spread: 90 | N/A | Spread: 84.48 (USD) |
| Apple Fees | $0 commissions | 0.30% | $0 | N/A | 0.05% - $0.02 per share |
| Tesla Fees | $0 commissions | 0.30% | $0 | N/A | 0.05% - $0.02 per share |
| Amazon Fees | $0 commissions | 0.30% | $0 | N/A | 0.05% - $0.02 per share |
| S&P 500 Fees | N/A | N/A | Spread: 0.8 | N/A | Varied Spread |
| Options Fee | N/A | N/A | N/A | N/A | N/A |
| Mutal Fund Fees | N/A | N/A | N/A | N/A | N/A |
| ETF Fee | $0 commissions | 0.30% | N/A | N/A | 0.05% - $0.02 per share |
How to pick an online trading platform?
When picking a platform you should consider the following factors:
- Overall great service
- Regulation
- Safety
- Fees & Commissions
- Range of Products
- Account Opening Process
- Deposits & Withdrawals
Online Trading and Regulation in Djibouti
Online trading in Djibouti is is gaining more and more attention from the ambitious residents of the country. For the trading process to be both safe, Djibouti has its financial regulators. The Central Bank of Djibouti is the financial regulatory body in Djibouti.
To learn more about the Central Bank of Djibouti, you can visit its official website: https://banque-centrale.dj/, or its webpage on Wikipedia.
Final Verdict
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 Djibouti:
| Interactive Brokers | XTB | Capital.com | OANDA | ActivTrades | |
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.8 | 4.8 | 4.7 | 4.7 |
| Fees Score | 5.0 | 4.8 | 4.8 | 4.7 | 4.7 |
| Mobile App Score | 4.9 | 4.8 | 4.8 | 4.7 | 4.7 |
| Trading Platform Score | 4.8 | 4.8 | 4.8 | 4.6 | 4.6 |
| Offering Of Investments Score | 5.0 | 4.6 | 4.8 | 4.7 | 4.7 |
| Regulation Score | 5.0 | 4.7 | 4.7 | 4.7 | 4.7 |
