Intro and winners
Find below the strengths of the best discount brokers in Gaza Strip, updated for 2024:
- Interactive Brokers is the best discount broker in Gaza Strip in 2024. - Extremely low fees. Wide range of products. Many great research tools.
- XM - Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
- Zacks Trade - Low fees. Extensive stock and ETF selection. Great customer service.
- ChoiceTrade - Commission-free stock and ETF trades. Fast and easy account opening. User-friendly mobile trading platform.
- CapTrader - Low stock and ETF fees. Wide range of products. Many great research tools. Pays interest on uninvested cash.
- EasyEquities - Low trading fees and non-trading fees. Excellent educational materials. Easy and fully digital account opening.
- Swissquote - Access to many markets and products. No inactivity fee. Rock-solid background.
- DEGIRO - One of the lowest fees on the market. Regulated by top-tier authorities. Easy-to-use web and mobile platform.
- XTB - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening. High interest paid on cash.
- Saxo - Great trading platform. Outstanding research. Broad product portfolio. Interest paid on uninvested cash.
Overview of the best discount brokers
While many brokers with low fees offer an excellent service, the ones in our toplist go the extra mile.
| Broker | Fees class | Minimum deposit |
|---|---|---|
| Interactive Brokers | Low | $0 |
| XM | Low | $5 |
| Zacks Trade | Low | $0 |
| ChoiceTrade | Low | $100 |
| CapTrader | Average | $2,000 |
| EasyEquities | Low | $0 |
| Swissquote | High | $0 |
| DEGIRO | Low | $0 |
| XTB | Low | $0 |
| Saxo | Average | $0 |
Popularity of the best discount brokers in Gaza Strip
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Fees at the top 10 discount brokers for Gaza Strip citizens in 2024
What makes a good discount broker? Well, did we mention low fees? This includes commissions, financing rates, and, let's not forget, non-trading fees like inactivity or withdrawal fees. The tables below give you a good summary.
| Broker | US stock | UK stock fee |
|---|---|---|
| Interactive Brokers | $1.0 | $3.8 |
| XM | $1.0 | $9.0 |
| Zacks Trade | $1.0 | $15.0 |
| ChoiceTrade | $0.0 | - |
| CapTrader | $2.0 | $10.0 |
| EasyEquities | $5.0 | - |
| Swissquote | $20.0 | $31.3 |
| DEGIRO | $2.2 | $3.4 |
| XTB | $0.0 | $0.0 |
| Saxo | $1.6 | $3.8 |
| Broker | Account fee | Inactivity fee |
|---|---|---|
| Interactive Brokers | ||
| XM | ||
| Zacks Trade | ||
| ChoiceTrade | ||
| CapTrader | ||
| EasyEquities | ||
| Swissquote | ||
| DEGIRO | ||
| XTB | ||
| Saxo |
Product selection at the best discount brokers for Gaza Strip citizens in 2024
Besides low trading fees and non-trading fees, a good discount brokerage firm should also offer access to a lot of markets and products, because providing low fees in more than one asset class is not an easy job. All brokers in our list offer real stocks, but we also looked into whether you can trade currencies, options or mutual funds.
| Broker | Stocks | ETFs |
|---|---|---|
| Interactive Brokers | ||
| XM | ||
| Zacks Trade | ||
| ChoiceTrade | ||
| CapTrader | ||
| EasyEquities | ||
| Swissquote | ||
| DEGIRO | ||
| XTB | ||
| Saxo |
And now, let's see the best discount brokers in detail one by one, starting with the winner, Interactive Brokers.
| Interactive Brokers snapshot | |
|---|---|
| Recommended for | Traders looking for broad market access and a professional trading environment |
| Trading fee class | Low |
| Fractional share dealing | Yes |
| OTC share dealing | Yes |
| Minimum deposit | $0 |
| Inactivity fee | No |
| Easiness of account opening | 3.1 stars |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Visit broker
71.61% of retail CFD accounts lose money
| XM snapshot | |
|---|---|
| Recommended for | Forex and CFD traders who prefer MetaTrader platforms and seek great account opening |
| Trading fee class | Low |
| Fractional share dealing | No |
| OTC share dealing | No |
| Minimum deposit | $5 |
| Inactivity fee | Yes |
| Easiness of account opening | 5.0 stars |
| Read review | For a detailed analysis of XM services, check out our review for 2024 |
| Zacks Trade snapshot | |
|---|---|
| Recommended for | Traders and investors looking for comprehensive research tools, a wide product selection and low fees |
| Trading fee class | Low |
| Fractional share dealing | Yes |
| OTC share dealing | Yes |
| Minimum deposit | $0 |
| Inactivity fee | Yes |
| Easiness of account opening | 2.5 stars |
| Read review | For a detailed analysis of Zacks Trade services, check out our review for 2024 |
| ChoiceTrade snapshot | |
|---|---|
| Recommended for | Stock and options traders looking for low trading fees and focusing on the US market |
| Trading fee class | Low |
| Fractional share dealing | No |
| OTC share dealing | Yes |
| Minimum deposit | $100 |
| Inactivity fee | Yes |
| Easiness of account opening | 4.4 stars |
| Read review | For a detailed analysis of ChoiceTrade services, check out our review for 2024 |
| CapTrader snapshot | |
|---|---|
| Recommended for | Investors and traders looking for low fees and sophisticated trading platforms |
| Trading fee class | Average |
| Fractional share dealing | Yes |
| OTC share dealing | Yes |
| Minimum deposit | $2,000 |
| Inactivity fee | Yes |
| Easiness of account opening | 1.3 stars |
| Read review | For a detailed analysis of CapTrader services, check out our review for 2024 |
| EasyEquities snapshot | |
|---|---|
| Recommended for | Long-term investors focusing on stocks and ETFs |
| Trading fee class | Low |
| Fractional share dealing | Yes |
| OTC share dealing | No |
| Minimum deposit | $0 |
| Inactivity fee | No |
| Easiness of account opening | 3.8 stars |
| Read review | For a detailed analysis of EasyEquities services, check out our review for 2024 |
| Swissquote snapshot | |
|---|---|
| Recommended for | Affluent investors who value safety and are OK with higher fees |
| Trading fee class | High |
| Fractional share dealing | No |
| OTC share dealing | No |
| Minimum deposit | $0 |
| Inactivity fee | No |
| Easiness of account opening | 3.8 stars |
| Read review | For a detailed analysis of Swissquote services, check out our review for 2024 |
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Investing involves risks
| DEGIRO snapshot | |
|---|---|
| Recommended for | Traders and investors looking for execution only |
| Trading fee class | Low |
| Fractional share dealing | No |
| OTC share dealing | No |
| Minimum deposit | $0 |
| Inactivity fee | No |
| Easiness of account opening | 5.0 stars |
| Read review | For a detailed analysis of DEGIRO services, check out our review for 2024 |
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76-83% of retail CFD accounts lose money
| XTB snapshot | |
|---|---|
| Recommended for | Forex and CFD traders looking for low fees and great deposit/withdrawal service |
| Trading fee class | Low |
| Fractional share dealing | Yes |
| OTC share dealing | No |
| Minimum deposit | $0 |
| Inactivity fee | Yes |
| Easiness of account opening | 5.0 stars |
| Read review | For a detailed analysis of XTB services, check out our review for 2024 |
Visit broker
64% of retail CFD accounts lose money
| Saxo snapshot | |
|---|---|
| Recommended for | Investors and traders looking for a great trading platform and solid research |
| Trading fee class | Average |
| Fractional share dealing | No |
| OTC share dealing | Yes |
| Minimum deposit | $0 |
| Inactivity fee | No |
| Easiness of account opening | 5.0 stars |
| Read review | For a detailed analysis of Saxo services, check out our review for 2024 |
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How did we come up with this list of best discount brokers in 2024 for citizens in Gaza Strip?
A great broker with low fees is the backbone of many trading strategies.
- So we checked trading fees, with a special focus on stock and ETF fees,
- We scrutinized non-trading fees (e.g. inactivity fees and withdrawal fees),
- We took measure of their investment product selection,
- We opened an account and tested their services with our own money.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
FAQ
What is a discount broker?
A discount stock broker is a brokerage company that executes your buy and sell orders at a low trading fee. Discount brokers can afford to charge lower fees because, unlike full-service brokers, they usually don't provide extra services such as research, personal investment advice, tax planning or robo-advisory.
The difference between full-service brokers and discount brokers has blurred somewhat in recent years. Discount brokers started to offer extra services as well, like research; while full-service brokers started to lower their fees. The traditional brokerage and wealth management industry is under fee pressure from increasingly cost-effective online broker companies.
Many US brokers have slashed their fees to zero and now promote commission-free trading, following in the footsteps of brokers such as Robinhood. Drawbacks for some of these commission-free brokers include the limited number of assets you can trade (for example, mutual funds are less likely to be offered), so some investors and traders still prefer traditional discount brokers, where order execution also tends to be better compared with zero-commission brokers.
How did BrokerChooser pick the best discount brokers?
We tested brokers based on more than 600 criteria, using real accounts and real money. When we selected the best discount brokers, the primary selection criteria were fees. Importantly, we only included brokers where you can trade real stocks. This means that we excluded brokers where stocks were only offered through CFDs.
We calculated the rankings based on trading fees for all asset classes, such as stock fees; as well as fees not directly related to trading, such as withdrawal fees. We also assigned a higher score to brokers that offer a wide range of asset classes, because providing low fees in more than one asset class is not an easy job and definitely a big plus for investors.
Lastly, we incorporated additional criteria to measure the overall quality of the broker: if the account opening process, customer service and other aspects of the broker are high quality, they all boosted the overall score.
Are these brokers reliable?
These brokers are all considered reliable. They are regulated by at least one top-tier financial authority. We at BrokerChooser distinguish between mid-tier and top-tier regulators, based on various factors with the most important being the investor protection amount.
Still unsure? Check out our broker finder tool and find the best broker for you, or learn more about how to invest your money.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
