Best Forex Brokers for Antigua and Barbuda in 2021

Best Forex Brokers for Antigua and Barbuda in 2021

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Best Forex Brokers for Antigua and Barbuda

Antigua and Barbuda is a small sovereign island country in the West Indies in the Americas which is between the Caribbean Sea and the Atlantic Ocean. The permanent population number is less than 100,000, and there are few forex traders in this region. The best forex brokers for Antigua and Barbuda are:

  1. Bitfinex
  2. City of Investment
  3. Olymp Trade 
  4. IQ Option
  5. Forex EE

1. Bitfinex

Bitfinex is a forex trading broker and trading platform established in 2012 in Hong Kong by Jean Louis and Raphael Nicolle. The CEO for Bitfinex is Jean Louis, who has been in the position for more than eight years. Bitfinex is not regulated by any known entity. 

Bitfinex’s market capitalization is more than $6 million, according to trusted sources, with a monthly trade volume of more than $70 billion. 

In terms of forex traders, Bitfinex has an undisclosed number of registered forex traders. According to reliable sources, between 50 and 100 employees are working for Bitfinex.

Bitfinex does not have a set minimum deposit requirement, and investment can start from $1. In terms of forex trading fees and commissions, forex traders can expect variable spreads with commissions from $0.

Regarding trading speeds, Bitfinex executes trades in a few seconds, according to trusted sources. Where security is concerned, Bitfinex keeps client funds safe by storing them in offline, multi-signature wallets.

In terms of financial markets, Bitfinex offers a range of cryptocurrency tokens, including

  • Bitcoin
  • Ethereum
  • EOS
  • Litecoin
  • Ripple
  • NEO and several others.

About trading software, Bitfinex offers its proprietary trading application, which can be used on Android or iOS devices. With research and training, Bitfinex has a newsletter and blog for forex traders. Forex traders are offered with the following:

  1. Trade API
  2. Reporting Tools
  3. Market statistics

In terms of customer support, Bitfinex can be contacted through these communication channels:

  • Email
  • Live chat
  • Twitter
  • Telegram
  • Instagram
  • LinkedIn
  • Facebook

In terms of the service area, Bitfinex serves traders from around the world except those from Canada and the United States. In terms of currency types, Bitfinex accepts the following currencies:

  • BTC
  • ETH
  • USD
  • EUR, and several others.

When compared to other forex brokers, Bitfinex offers comprehensive cryptocurrency trading through its innovative trading platform.

Bitfinex is a very active forex broker in Antigua and Barbuda, with hundreds of crypto and forex traders that use its services and solutions. Bitfinex has a small market share of less than 1% due to the slow adoption of crypto in smaller regions such as Antigua and Barbuda. 

There are no privileges offered to citizens from Antigua and Barbuda other than offering competitive trading fees and a range of crypto and fiat trading options.

Bitfinex is a popular choice for citizens from Antigua and Barbuda because of its innovative trading technology, range of tokens, and competitive trading and transaction fees.

To get more information, you can read the Bitfinex review.

2. City of Investment

City of Investment is a forex trading broker and trading platform established in 2009 in the United Kingdom. The CEO for City of Investment is not known or given by official sources. City of Investment does not provide any information regarding its regulation status on the official website, but according to official sources, it has regulation through the FMA.

In terms of forex traders, the City of Investment has more than 10,000 registered forex traders, according to trusted sources. According to reliable sources, between 10 and 50 employees are working for City of Investment.

City of Investment charges a minimum deposit of $1,000. In terms of forex trading fees and commissions, forex traders and investors can expect a management fee of 0.5% and a performance fee of 25% on monthly profits.

Regarding trading speeds, City of Investment executes trades in a few seconds, according to trusted sources. Where security is concerned, City of Investment uses SSL encryption as well as 2-factor authentication to ensure that client information is kept safe.

In terms of financial markets, City of Investment only offers the trade in some forex and shares. About trading software, City of Investment offers the use of its proprietary trading platform on mobile, web, and desktop.

With research and training, City of Investment does not have a blog or newsletter for forex traders. In terms of customer support, City of Investment can be contacted through these communication channels:

  • Live chat
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Skype
  • Email
  • Telephone

In terms of the service area, City of Investment serves traders from around the world except those from:

  • United States
  • Canada

In terms of currency types, City of Investment accepts the following currencies:

  • EUR
  • USD
  • GBP

When compared to other forex brokers, City of Investment offers advanced and professional investment solutions.

City of Investment is not a highly active forex broker in Antigua and Barbuda, and there are very few traders that use its services and solutions. City of Investment does not have a large market share because it only deals in professional investment solutions. There are no privileges offered to citizens of Antigua and Barbuda other than competitive rates and fees.

City of Investment is not a popular choice for citizens of Antigua and Barbuda because of its professional, specialized services that only cater to professional investors.

To get more information, you can read the City of Investment review.

3. Olymp Trade

Olymp Trade is a forex trading broker and trading platform established in Saint Vincent and the Grenadines in 2014. The CEO for Olymp Trade is Andreas A., who has been in the position for seven years. Olymp Trade is not regulated by any known entity.

Olymp Trade’s market capitalization is not known, but the forex broker executes more than $170 million a month.

In terms of forex traders, Olymp Trade has more than 240,000 registered forex traders, according to the official Olymp Trade website. According to reliable sources, between 10 and 50 employees are working for Olymp Trade.

Olymp Trade charges a minimum deposit of $10. In terms of forex trading fees and commissions, forex traders are not charged a spread but can expect commissions between 13.5% and 20%.

Regarding trading speeds, Olymp Trade guarantees a fast and reliable trade execution speed that ensures minimal slippage according to trusted sources. Where security is concerned, Olymp Trade makes use of 256-bit SSL to encrypt information as well as data.

In terms of financial markets, Olymp Trade offers a range of tradable financial instruments from these asset classes:

  • Forex
  • Indices
  • US Stocks
  • Commodities
  • Cryptocurrencies

About trading software, Olymp Trade offers the use of its trading software which can be used on web browsers and mobile devices on iOS and Android.

With research and training, Olymp Trade has a newsletter and blog for forex traders. Forex traders are offered with the following:

  1. Trading Signals
  2. Daily Review
  3. Weekly Review
  4. 250 Videos of past webinars
  5. Articles

In terms of customer support, Olymp Trade can be contacted through these communication channels:

  • Facebook
  • Instagram
  • Twitter
  • Email
  • Telephone
  • Live chat

In terms of the service area, Olymp Trade serves traders from around the world except those from:

  • United States
  • United Kingdom

In terms of currency types, Olymp Trade accepts the following currencies:

  • EUR
  • RUB
  • BRL
  • USD

When compared to other forex brokers, Olymp Trade offers valuable insights from experts, a range of trading tools, and education.

Olymp Trade is an active forex broker in Antigua and Barbuda with a handful of traders that use its services and solutions. Olymp Trade has a truly little market share that it shares with other forex brokers. There are no privileges offered to citizens in Antigua and Barbuda other than a range of markets and unique solutions.

Olymp Trade is a decent choice for Antigua and Barbuda citizens because of its proprietary powerful trading software, security, and range of trading solutions.

To get more information, you can read the Olymp Trade review.

4. IQ Option

IQ Option is a forex trading broker and trading platform established in 2013 in Cyprus by Dmitry Zaretsky. The CEO for IQ Option is Timofey Baranov, who has been in the position for more than four years. IQ Option is regulated by Cyprus Securities and Exchange Commission (CySEC).

The average volume of daily transactions for IQ Option is 3.5 billion USD. In terms of IQ Option users, there are more than twenty million registered forex traders, according to the official website for IQ Option. There are between 10 and 50 employees who work for Olymp Trade.

IQ Option charges a minimum deposit of $10. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.1 pips and commission charges from $0.

Regarding trading speeds, IQ Option executes trades in 0.7 seconds, according to trusted sources. Where security is concerned, IQ Option is known for providing a safe trading environment that has stringent protocols and processes.

In terms of financial markets, IQ Option offers a range of tradable financial instruments from these asset classes:

  • Forex
  • Options
  • Stock CFDs
  • ETFs
  • Cryptocurrencies
  • Commodities

About trading software, IQ Option offers its proprietary trading platform, which can be used on desktop and mobile. With research and training, IQ Option has a newsletter and blog for forex traders. Forex traders are offered with the following:

  1. Historical Quotes
  2. Calendars
  3. Stock Collections
  4. Industries
  5. Video Tutorials

In terms of customer support, IQ Option can be contacted through these communication channels:

  • Email
  • Telephone
  • Live chat
  • Facebook
  • Telegram
  • Twitter
  • Instagram

In terms of the service area, IQ Option serves traders from around the world except those from:

  • United States
  • Canada
  • Australia
  • Russia
  • Belgium
  • Israel
  • Palestine
  • Japan
  • Sudan
  • Syria
  • Iran
  • North Korea

In terms of currency types, IQ Option accepts the following currencies:

  • USD
  • GBP
  • EUR
  • ZAR
  • RUB

When compared to other forex brokers, IQ Option offers the following unique sides and features:

  • Low trading fees and commissions
  • Dedicated, multilingual support
  • Quick deposit and withdrawal methods

IQ Option is a highly active forex broker in Antigua and Barbuda with thousands of registered forex traders who use its trading platform and solutions. IQ Option has a large market share of more than 10% as a result of its unique features. There are no privileges offered to Antigua and Barbuda citizens other than the competitive trading conditions and innovative trading technology offered.

IQ Option is the best choice for Antigua and Barbuda citizens who want to get the best from their forex trading.

To get more information, you can read the IQ Option review.

5. Forex EE

Forex EE is a forex trading broker and trading platform established in 2004 in Estonia by Vladislav Karpeyev, who has also been the CEO of Forex EE since its establishment in 2004. Forex EE does not have any regulation and authorization with a known regulatory entity.

Forex EE’s market capitalization is not shown by official sources, and in terms of users, there are thousands of forex traders registered with Forex EE. According to official sources, between 10 and 50 employees are working for Forex EE.

Forex EE charges a minimum deposit of $50. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.0 pips and commissions between $1.8 and $3.5 per lot traded.

Regarding trading speeds, Forex EE executes trades within milliseconds, according to trusted sources. Where security is concerned, Forex EE claims to keep client funds in segregated accounts with top-tier banks, but as a result of a lack of regulation, this cannot be trusted.

In terms of financial markets, Forex EE offers a range of tradable financial instruments from these asset classes:

  • Forex
  • Cryptocurrencies

About trading software, Forex EE offers the use of MetaTrader 4, through which trades can be executed seamlessly. With research and training, Forex EE has a newsletter and blog for forex traders. Forex traders are provided with the following tools and resources:

  1. Analytics
  2. Market analysis
  3. Daily Economic Digest
  4. Full analysis
  5. Calculators

In terms of customer support, Forex EE can be reached through these communication channels:

  • Live chat
  • Telephone
  • Email

In terms of the service area, Forex EE serves traders from around the world except those from:

  • Canada
  • United States
  • Japan

In terms of currency types, Forex EE accepts the following currencies:

  • LTC
  • MBT
  • BTC
  • USD
  • EUR
  • RUB
  • JPY
  • AUD

When compared to other forex brokers, Forex EE offers flexible and simple trading solutions to a variety of traders from all levels of experience.

In terms of unique sides and/or features, Forex EE stands out by offering:

  • Daily market analysis
  • Powerful trading software

Forex EE is a continually active forex broker in Antigua and Barbuda, with hundreds of traders that use Forex EE’s unique solutions. Forex EE has a small market share in Antigua and Barbuda. There are no privileges offered to Antigua and Barbuda citizens other than the limited range of tradable instruments and the use of MetaTrader 4.

Forex EE is a decent choice for Antigua and Barbuda citizens who are just starting in trading and those who do not trade large volumes.

To get more information, you can read the Forex EE review.

Forex Trading in Antigua and Barbuda

Antigua and Barbuda is the number 171 economy in the world where the gross domestic product (GDP) is concerned and number 175 in total exports. While Antigua and Barbuda have an extensive portfolio of exports, there are few forex traders in this area actively participating in the forex market.

Forex trading is slowly becoming more popular in Antigua and Barbuda as more regulated forex brokers accept forex traders from this region. However, for the greater part, traders from this area can trade forex through offshore, unregulated brokers, but this cannot be recommended.

What should be known for Forex Trading in Antigua and Barbuda

Antigua and Barbuda is a small sovereign island that is known for its exports of various products. There are very few unregulated brokers who welcome traders from Antigua and Barbuda, but forex traders are urged to make use of trusted forex brokers.

By using trusted, regulated forex brokers, traders from Antigua and Barbuda can make sure that their funds are safeguarded. The regulation also ensures that there is a safe, fair, and secure trading environment for all traders.

Trading is not a costly exercise as a result of the liquidity of the forex market, and forex traders from Antigua and Barbuda have access to a significant suite of currency pairs to trade.

Who are the Forex Regulators in Antigua and Barbuda?

There are no forex regulators in Antigua and Barbuda, but forex traders can use forex brokers that have regulations granted by CySEC, FSA, BVI FSA, and other regulators.

Is Forex Trading legal in Antigua and Barbuda?

Yes, forex trading is legal in Antigua and Barbuda, according to trusted sources.

How many Forex Traders are there in Antigua and Barbuda?

There are less than 5,000 forex traders in Antigua and Barbuda, according to trusted sources.

What do Antigua and Barbuda’s citizens think about Forex Trading?

Forex trading is slowly becoming popular in Antigua and Barbuda, but most income is obtained from the export of products.

Best Forex Brokers for Beginners in Antigua and Barbuda

The best forex brokers for beginner traders in Antigua and Barbuda are:

  1. IQ Option
  2. Forex.com
  3. eToro
  4. IG
  5. AvaTrade

These forex brokers are considered the best for beginners as they offer comprehensive trading education, a practice account, and the tools that beginner forex traders need to get started in the forex market.

Best Forex Brokers for Experts in Antigua and Barbuda

Expert forex traders need advanced trading tools and more competitive conditions that provide them with an edge to their forex trading. The best brokers for experts in Antigua and Barbuda are:

  1. Bitfinex
  2. City of Investment
  3. Olymp Trade
  4. Forex EE
  5. HotForex

Best Forex Brokers for Other Countries

The best forex brokers for Guiana are:

  1. IQ Option
  2. eToro
  3. OctaFX
  4. Trading 212
  5. FXPro

The best forex brokers for Haiti are:

  1. Zacks Trade
  2. Fusion Markets
  3. TradeStation
  4. XTB
  5. Interactive Brokers

The best forex brokers for The Bahamas are:

  1. Swissquote
  2. FBS
  3. FXPro
  4. FXPrimus
  5. Tickmill