Intro and winners
Find below the strengths of the best brokers available in Eritrea, updated for 2024:
- Interactive Brokers is the best international online brokers in Eritrea in 2024. - Extremely low fees. Wide range of products. Many great research tools.
- XTB - Commission-free stocks and ETFs (for trades up to €100k per month). Free and fast deposit and withdrawal. Easy and fast account opening. Interest paid on cash.
- TradeStation Global - Low stock and ETF fees. Wide range of products. Easy-to-use web trading platform.
- NinjaTrader - Low trading fees. Great platform and research. Quality educational materials.
- Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
- FXCM - Fast and straightforward account opening. Good technical research tools. High-quality educational content.
- FP Markets - Low forex fees. Easy and fast account opening and funding. Great education tools.
- Fusion Markets - Low trading and non-trading fees. Fast and easy account opening. Great customer service.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
- XM - Low stock CFD and withdrawal fees. Easy and fast account opening. Great educational tools.
International online brokers' key info overview
While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.
| Broker | Minimum deposit | Time to open account |
|---|---|---|
| Interactive Brokers | $0 | 1-3 days |
| XTB | $0 | 1 day |
| TradeStation Global | $0 | 1 day |
| NinjaTrader | $0 | >3 days |
| Tickmill | $100 | 1 day |
| FXCM | $50 | 1-3 days |
| FP Markets | $50 | 1 day |
| Fusion Markets | $0 | 1 day |
| AvaTrade | $100 | 1 day |
| XM | $5 | 1 day |
Popularity of the best online brokers in Eritrea
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Trading fees
In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.
| Broker | US stock | UK stock fee |
|---|---|---|
| Interactive Brokers | $1.0 | $3.8 |
| XTB | $0.0 | $0.0 |
| TradeStation Global | $1.5 | $2.0 |
| NinjaTrader | - | - |
| Tickmill | - | - |
| FXCM | - | - |
| FP Markets | - | - |
| Fusion Markets | - | - |
| AvaTrade | - | - |
| XM | $1.0 | $9.0 |
Other fees at international online brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| Interactive Brokers | ||
| XTB | ||
| TradeStation Global | ||
| NinjaTrader | ||
| Tickmill | ||
| FXCM | ||
| FP Markets | ||
| Fusion Markets | ||
| AvaTrade | ||
| XM |
Can I trust these online brokers in Eritrea?
Yes, BrokerChooser exclusively recommends legit brokers, overseen by at least one globally acknowledged regulator. We track more than 30,000 brokers and trading platforms that we don't recommend. To make sure that a broker is reputable and reliable, use our Scam Broker Shield tool.
Key criteria determining a broker's trustworthiness are: regulation, availability of investor protection, as well as a long and spotless track record. Explore the interactive table below, encompassing this array of vital data.
| Broker | Top-tier regulators | Trusted broker |
|---|---|---|
| Interactive Brokers | FCA in the UK, SEC in the US, and ASIC in Australia | |
| XTB | FCA in the UK | |
| TradeStation Global | FCA in the UK | |
| NinjaTrader | CFTC in the US and member of the NFA | |
| Tickmill | FCA in the UK | |
| FXCM | FCA in the UK and ASIC in Australia | |
| FP Markets | ASIC in Australia | |
| Fusion Markets | ASIC in Australia | |
| AvaTrade | CBI in Ireland and ASIC in Australia | |
| XM | ASIC in Australia |
Our assessment of best international online brokers for residents in Eritrea in 2024
At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.
| Broker | Overall score | Fees score |
|---|---|---|
| Interactive Brokers | 4.9 /5 | 4.3 /5 |
| XTB | 4.8 /5 | 4.4 /5 |
| TradeStation Global | 4.6 /5 | 3.7 /5 |
| NinjaTrader | 4.5 /5 | 4.3 /5 |
| Tickmill | 4.5 /5 | 4.3 /5 |
| FXCM | 4.5 /5 | 4.3 /5 |
| FP Markets | 4.4 /5 | 4.5 /5 |
| Fusion Markets | 4.4 /5 | 4.5 /5 |
| AvaTrade | 4.3 /5 | 3.9 /5 |
| XM | 4.3 /5 | 4.1 /5 |
If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.
And now, let's see the top international online brokers for 2024 for residents in Eritrea in detail one by one, starting with the winner, Interactive Brokers.
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2024 |
Recommended for forex and CFD traders looking for low fees and great deposit/withdrawal service
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76% of retail CFD accounts lose money
| XTB snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, Paysafe, Skrill, ecommpay, PayU, PayPal |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of XTB services, check out our review for 2024 |
Recommended for traders and investors looking for low fees and a wide selection of products
| TradeStation Global snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of TradeStation Global services, check out our review for 2024 |
Recommended for active traders focusing on futures
| NinjaTrader snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | >3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of NinjaTrader services, check out our review for 2024 |
Recommended for forex traders looking for low fees who are familiar with the MetaTrader 4 platform
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72% of retail CFD accounts lose money
| Tickmill snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $100 |
| Deposit method | Bank transfer, Credit/debit cards, Neteller, Skrill, Przelewy, PayPal |
| Withdrawal method | Bank transfer, Credit/debit cards, Neteller, Skrill, Przelewy, PayPal |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Tickmill services, check out our review for 2024 |
Recommended for forex traders looking for easy account opening, funding and withdrawal
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73% of retail CFD accounts lose money
| FXCM snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $50 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of FXCM services, check out our review for 2024 |
Recommended for forex and CFD traders familiar with the MetaTrader and IRESS trading platforms
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72.5% of retail CFD accounts lose money
| FP Markets snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $50 |
| Deposit method | Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Asia Banks, Sticpay, fasapay, Virtual Pay, Rupee Payments, Rapyd, Perfect Money, pagsmile, Cryptocurrency Solution, Crypto (finrax), mybux, ypay, Apple Pay, Google Pay, B2Binpay |
| Withdrawal method | Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Asia Banks, Sticpay, fasapay, Virtual Pay, Rupee Payments, Rapyd, Perfect Money, pagsmile, Cryptocurrency Solution, Crypto (finrax), mybux, ypay, Apple Pay, Google Pay, B2Binpay |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of FP Markets services, check out our review for 2024 |
Recommended for forex traders looking for low fees and a chance to use the MetaTrader 4 platform
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74-89% of retail CFD accounts lose money
| Fusion Markets snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $0 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Fasapay, Jeton Wallet, Perfect Money, Online Naira, Doku |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Fusion Markets services, check out our review for 2024 |
Recommended for forex and CFD traders looking for an option to use MetaTrader platforms
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63% of retail CFD accounts lose money
| AvaTrade snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $100 |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of AvaTrade services, check out our review for 2024 |
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening
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71.61% of retail CFD accounts lose money
| XM snapshot | |
|---|---|
| Fees class | Low |
| Minimum deposit | $5 |
| Deposit method | Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC) |
| Withdrawal method | Bank transfer, Credit/debit cards, Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC) |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of XM services, check out our review for 2024 |
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How did we select the best international online brokers in Eritrea in 2024?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fees, commissions),
- We checked and compared every aspect of their services,
- Opened an account and tested the platform (charting, features, usability) with real money.
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
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.
