Best Forex Brokers for Argentina in 2021

Best Forex Brokers for Argentina in 2021

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Best Forex Brokers for Argentina

Argentina is a country in the southern half of South America that had experienced an increase in forex trading in the last few years when the Argentine government started allowing forex trading. While there are a few brokers that accept traders from Argentina in 2021, the following are the best:

  1. RoboForex
  2. Alpari
  3. Exness
  4. ForexMart
  5. Swissquote
  6. Vanguard Investments

VPE Bank (Closed)

Varengold Bank (Banking ONLY – No forex or trading)

Wilsons Advisory and Stockbroking (Investment – no forex trading)

1. RoboForex

RoboForex is a forex trading broker and trading platform established in 2009 in Belize. The CEO for RoboForex is Rudolph Simmons, who has been in the position for more than five years. RoboForex is regulated by the International Financial Services Commission (IFSC).

RoboForex’s market capitalization is not known, but RoboForex has an average daily trading volume of $4.3 billion.

In terms of forex traders, RoboForex has more than 730,000 registered forex traders, according to the official RoboForex website. According to reliable sources, between 500 and 1,000 employees are working for RoboForex.

RoboForex charges a minimum deposit of $10. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.0 pips and commissions from $0.0045.

Regarding trading speeds, RoboForex executes trades in 150 to 400 milliseconds, according to trusted sources. Where security is concerned, RoboForex keeps client funds in segregated accounts with top-tier banks and uses data encryption technology to safeguard data and information.

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

  • Forex
  • Commodities
  • Cryptocurrency
  • CFDs on stocks
  • CFDs on shares
  • CFDs on indices
  • Metals
  • Energies
  • ETFs

About trading software, RoboForex offers the following:

  1. MetaTrader 4
  2. MetaTrader 5
  3. RoboForex R Trader
  4. cTrader

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

  1. Forex Analysis and Forecasts
  2. RoboForex Analytics
  3. Economic calendar
  4. Trading Tips
  5. Educational Videos
  6. Trading Guides
  7. RoboForex R Trader Strategy Builder
  8. Trading Calculator
  9. Forex Charts
  10. Stock Charts
  11. Indices Charts

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

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

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

  • United States
  • Japan
  • Canada
  • Australia

In terms of currency types, RoboForex accepts the following currencies:

  • EUR
  • USD
  • PLN
  • CNY
  • MYR
  • IDR
  • AED, and more.

When compared to other forex brokers, RoboForex offers competitive trading conditions, fees, rates, and transparent schedules.

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

  • A proprietary RoboForex R Trader strategy builder
  • A range of bonuses and promotions
  • A choice in account types
  • Affiliate program

RoboForex is a very active forex broker in Argentina with thousands of registered forex traders that use its services and solutions. RoboForex has a good market share of more than 20% in Argentina, making it a popular choice. Argentine forex traders are offered the privilege of partaking in a variety of competitions, promotions, and a comprehensive affiliate program.

RoboForex is a popular choice for Argentine citizens because of its range of dynamic trading accounts, choice in trading software, and competitive trading conditions.

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

Direct shares (No forex trading)

2. Alpari

Alpari is a forex trading broker and trading platform established in Russia in 1998 by a small group of traders/investors. The CEO for Alpari is Vladimir Verbitskiy, who has been in the position for more than three years. Alpari is regulated by the Financial Services Commission (FSC).

Alpari’s market capitalization is not known, but Alpari has an average volume of daily transactions of $3 billion.

In terms of forex traders, Alpari has more than 2 million registered forex traders, according to the official Alpari website. According to reliable sources, between 500 and 1,000 employees are working for Alpari.

Alpari charges a minimum deposit of $5. In terms of forex trading fees and commissions, forex traders can expethe ct a spread from 0.4 pips and commissions from $1.5 per lot, per side.

Regarding trading speeds, Alpari executes trades in 0.06 seconds, according to trusted sources. Where security is concerned, Alpari is known for providing a safe and secure trading environment.

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

  • Forex
  • Spot Metals
  • Spot CFDs
  • Cryptocurrencies

About trading software, Alpari offers the following:

  1. MetaTrader 4
  2. MetaTrader 5

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

  1. Alpari Forex Trading Webinars
  2. Beginners Guide to Trading
  3. Forex Trading Strategies
  4. Commodity Trading Guide
  5. Precious Metal Trading Guide

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

  • Facebook
  • Twitter
  • Instagram
  • Email
  • Telephone
  • Live Chat

In terms of the service area, Alpari serves traders from around 50 worldwide countries except those from:

  • United States
  • Mauritius
  • Japan
  • British Columbia
  • Quebec
  • Armenia
  • Georgia and several others.

In terms of currency types, Alpari accepts the following currencies:

  • USD
  • EUR
  • GBP
  • NGN

When compared to other forex brokers, Alpari offers more than 20 years of experience in financial markets, offering its services in 8 global locations across three different continents.

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

  • Expertise and trusted solutions
  • Flexible trading options
  • Security and safety of funds
  • Bonuses and promotions

Alpari is a very active forex broker in Argentina with thousands of registered traders that use its services and platforms. Alpari has a decent market share amidst that of its competitors. There are no privileges offered to Argentine citizens other than comprehensive trading solutions.

Alpari is a popular choice for Argentine citizens as a result of its competitive conditions, range of markets, secure trading environment, and choice in trading platforms.

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

3. Exness

Exness is a forex trading broker and trading platform established in Cyprus in 2008 by Petr Valov. The CEO for Exness is David Morris, who has been in the position for more than five years. Exness is regulated by CySEC and FCA.

Exness’ market capitalization is not given, but the broker has a monthly trading volume of more than $300 billion.

In terms of forex traders, Exness has 70,000 registered forex traders, according to the official Exness website. According to reliable sources, between 100 and 500 employees are working for Exness.

Exness charges a minimum deposit of $10 for Argentine traders. In terms of forex trading fees and commissions, forex traders can expect variable, tight spreads, and low commission charges from $3.5 per lot per side.

Regarding trading speeds, Exness guarantees fast, reliable trade execution speeds according to trusted sources. Where security is concerned, Exness provides a secure environment by using strict protocols and the most innovative security technology.

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

  • Forex
  • Metals
  • Energies
  • Indices
  • Cryptocurrencies
  • CFDs

About trading software, Exness offers the following:

  1. MetaTrader 4
  2. MetaTrader 5

With research and training, Exness does not have a newsletter but offers a free blog for forex traders. Forex traders are offered with the following:

  1. VPS Hosting
  2. WebTV
  3. Tick History 
  4. Economic Calendar
  5. Forex Calculator
  6. Convertors

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

  • Email
  • Telephone
  • Live Chat
  • Facebook
  • Twitter
  • LinkedIn
  • Instagram

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

  • United States
  • Japan
  • Canada

In terms of currency types, Exness accepts the following currencies:

  • USD
  • AUD
  • GBP
  • ZAR
  • CHF, and more.

When compared to other forex brokers, Exness is known as one of the best brokers in the industry, offering unique solutions to both beginners and professional traders from around the world.

Exness is a very active forex broker in Argentina, with hundreds of registered forex traders that use it to facilitate trades. Exness has a good market share as a result of its reliability and popularity. There are no privileges offered to Argentine citizens other than powerful trading options, a range of markets, and useful trading tools.

Exness is a popular choice for Argentine citizens because it is a reliable broker with access to global financial markets.

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

4. ForexMart

ForexMart is a forex trading broker and trading platform established in Cyprus in 2015. ForexMart is regulated by the Cyprus Securities and Exchange Commission (CySEC), and in terms of users, ForexMart has an undisclosed number of registered traders that use its solutions.

According to reliable sources, between 10 and 50 employees are working for ForexMart. ForexMart charges a minimum deposit of $1. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.0 pips and commission charges from between 0.02% and 0.07%.

Regarding trading speeds, ForexMart guarantees high liquidity and trades that are executed within seconds, according to trusted sources. Where security is concerned, ForexMart uses advanced SSL technology along with many other protocols that ensure a safe trading environment.

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

  • Forex
  • Share CFDs
  • Spot Metals
  • Cryptocurrency CFDs

About trading software, ForexMart offers the following:

  1. ForexMart Mobile Application (iOS and Android)
  2. MetaTrader 4

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

  1. Glossary
  2. Education brochure
  3. FAQ
  4. VPS Hosting
  5. Economic Calendar
  6. Market Analysis
  7. Currency Converter

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

  • Skype
  • Viber
  • Telegram
  • WhatsApp
  • Telephone
  • Instant Live Chat
  • Email

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

  • USA
  • North Korea
  • Myanmar
  • Cuba
  • Sudan
  • Syria, and more.

In terms of currency types, ForexMart accepts the following currencies:

  • EUR
  • USD
  • GBP

When compared to other forex brokers, ForexMart is known for offering unique trading and investment opportunities in several financial markets.

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

  • Several trusted partnerships
  • Contests and promotions

ForexMart is not a very active forex broker in Argentina, and there are less than 100 traders that use its services and solutions. ForexMart has a small market share in Argentina when compared with other brokers who dominate the market. There are no privileges offered to Argentine citizens other than a range of markets and competitive trading conditions.

ForexMart is not a very popular choice for Argentine citizens as they tend to use larger, more established forex brokers.

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

5. Swissquote

Swissquote is a forex trading broker and trading platform established in 2000 in Switzerland by Marc Bürki and Paolo Buzzi. The CEO for Swissquote is Marc Bürki, who has held the position for more than two decades. Swissquote is regulated by FCA, FINMA, DIFC, DFSA, SFC, MFSA, and MAS.

Swissquote’s market capitalization is 2.15 billion CHF, and there is 440.2 million CHF held in equity.

In terms of forex traders, Swissquote has 340,000 registered forex traders, according to the official Swissquote website. According to reliable sources, between 500 and 1,000 employees are working for Swissquote.

Swissquote charges a minimum deposit of $1,000. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.6 pips and commission charges from $3.

Regarding trading speeds, Swissquote executes trades in a few milliseconds, according to trusted sources. Where security is concerned, Swissquote has multi-regulation to ensure that client funds are kept in segregated accounts, and the broker also uses stringent security protocols.

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

  • Forex
  • Stocks
  • Shares
  • Indices
  • ETFs
  • Cryptocurrencies
  • Government Bonds
  • Commodities

About trading software, Swissquote offers the following:

  1. Swissquote eTrading Platform for multiple assets
  2. Swiss DOTS trading platform for derivatives
  3. Themes Trading
  4. Swissquote Mobile

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

  1. Webinars
  2. Market Analysis
  3. Swissquote Magazine
  4. Swissquote Pulse
  5. AutoChartist
  6. Robo-Advisory
  7. Trading Videos

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

  • Telephone
  • Live Chat
  • Email
  • Twitter
  • LinkedIn
  • Facebook
  • Instagram

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

  • Zimbabwe
  • Algeria
  • Belgium
  • Canada
  • China
  • France
  • Hong Kong
  • Iran
  • Iraq
  • Japan
  • Nigeria
  • Syria, and several other regions.

In terms of currency types, Swissquote accepts the following currencies:

  • USD
  • CHF
  • EUR
  • GBP

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

  • Advanced solutions
  • Innovative trading technology
  • Education and research tools

Swissquote is a very active forex broker in Argentina with more than 500 traders that use it to facilitate trades in several markets. Swissquote has a large market share when compared with other brokers. Although there are no specific privileges for Argentine traders, Swissquote is known for offering dynamic solutions to professional traders.

Swissquote is a popular choice for Argentine citizens because of its innovative technology and advanced solutions.

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

6. Vanguard Investments

Vanguard Investments is a forex trading broker and trading platform established in 1975 in the United States by John C. Bogle. The CEO for Vanguard Investments is Mortimer J. Buckley, who has been in the position for several years. Vanguard Investments is regulated by the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).

Vanguard Investments’ market capitalization is not known, but the forex broker has $7.2 trillion in global assets under management as of January 2021.

In terms of forex traders, Vanguard Investments has more than 30 million registered investors from 170 different countries, according to the official Vanguard Investments website. According to reliable sources, more than 10,000 employees are working for Vanguard Investments.

Vanguard Investments does not have a dedicated minimum deposit and accepts investments from as little as $1. In terms of forex trading fees and commissions, forex traders can expect a variable spread and commissions from between $0 and $7.

Regarding trading speeds, Vanguard Investments executes trades in a few milliseconds, according to trusted sources. Where security is concerned, Vanguard Investments guarantees client fund safety through stringent protocols and innovative technology.

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

  • Mutual Funds
  • ETFs
  • Stocks
  • Options
  • CDs
  • Bonds

About trading software, Vanguard Investments offers its proprietary trading software, which is available on the web and mobile trading platforms. 

With research and training, Vanguard Investments does not have a newsletter or a blog for forex traders. Forex traders are offered with the following:

  1. Toolbox
  2. Investment calculators
  3. Analysis

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

  • Telephone
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Mobile App

In terms of the service area, Vanguard Investments serves traders from the United States, while clients in other regions are serviced by subsidiaries and partners. In terms of currency types, Vanguard Investments accepts deposits and withdrawals in USD.

When compared to other forex brokers, Vanguard Investments offers comprehensive, sophisticated, and trusted investment services.

Vanguard Investments is a very investment provider in Argentina with thousands of traders that use its unique investment services and solutions. 

Vanguard Investments has a good market share in offering superior investment solutions to Argentine investors. Even though Vanguard Investments does not offer privileges to Argentine traders or investors, citizens can expect trusted, reliable options and services.

Vanguard Investments is a popular choice for Argentine citizens because of its powerful, versatile trading and investing software, a range of investment opportunities, and secure trading and investing environment.

To get more information, you can read the Vanguard Investments review.

Forex Trading in Argentina

Argentina is one of the largest economies in South America that has inflation of more than 50%, and the country has experienced multiple recessions in the past decade. Argentina is not known for being a stable economy. However, there are many investors and traders in Argentina that access global markets to earn a profit in trading forex.

Argentina has a gross domestic product (GDP) of $1.033 trillion, and its official currency is the Argentine peso, trading at $0.01 for 1 ARS at the current exchange rate.

What should be known for Forex Trading in Argentina?

To start trading forex in Argentina, forex traders must use a regulated forex broker that accepts Argentine traders. Argentine traders can use a range of forex strategies to trade ARS against several other currencies such as USD, EUR, GBP, and NZD to earn a profit from movements.

Who are the Forex Regulators in Argentina?

There are no dedicated forex regulators based in Argentina that regulate the forex market. As a result of this, there are a lot of unregulated offshore brokers that have infiltrated the forex market in Argentina.

This places a lot of forex traders in danger of being scammed by illegitimate brokers. For this reason, Argentine traders are urged to only use regulated, reputable brokers such as those that are provided on this list to ensure that their funds are safe.

Is Forex Trading legal in Argentina?

Yes, forex trading is legal in Argentina if forex traders use the services of regulated, legitimate forex brokers.

How Many Forex Traders are there in Argentina?

The official forex trader count for Argentina is not given by official sources. However, trusted sources indicate that more than 868,200 forex traders are residing in South America.

What do Argentina’s Citizens think about Forex Trading?

Argentine citizens have started emerging on the forex market with an increase in regulated forex brokers that accept traders from Argentina. Forex trading has proven to be a lucrative venture for Argentine traders who participate in the market.

Best Forex Brokers for Beginners in Argentina

The best forex brokers for Beginners in Argentina are:

  1. RoboForex
  2. Alpari
  3. OctaFX
  4. AvaTrade
  5. XM
  6. Exness

These forex brokers provide Argentine traders with some of the best educational resources, material, tools, and access to a demo account to help them practice trading.

Best Forex Brokers for Experts in Argentina

The following forex brokers are the best for expert traders in Argentina:

  1. Swissquote
  2. Saxo Bank
  3. Interactive Brokers
  4. eToro
  5. NordFX

These forex brokers are the best for Argentine expert traders and provide traders with the best trading tools, advanced trading solutions, and sophisticated trading platforms.

Best Forex Brokers for Other Countries

The best forex brokers for forex traders in Chile are:

  1. FXPrimus
  2. RoboForex
  3. Forex.com
  4. AvaTrade
  5. OctaFX

The best forex brokers for forex traders in Brazil are:

  1. City Index
  2. Oanda
  3. XTB
  4. eToro
  5. TradeStation

The best forex brokers for forex traders in Uruguay are:

  1. BDSwiss
  2. eToro
  3. Trading 212
  4. Pepperstone
  5. FXTM