Best international online brokers for citizens in French Polynesia

Interactive Brokers
4.9
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Tastyworks
4.6
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Oanda
4.6
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73.5% of retail CFD accounts lose money
Best international online brokers for citizens in French Polynesia

To find the best international online brokers in French Polynesia, we went ahead and did the research for you. After testing, analyzing and comparing 58 brokers, 5 made it to the top. We highly recommend all 5 to you. And now, without further ado...

The top 5 picks for the best international online brokers of 2020 for citizens in French Polynesia:

  1. Interactive Brokers is the number one international online broker in 2020. Wide range of products. Many great research tools. Regulated by several authorities.
  2. Tastyworks is your runner-up. Low trading fees. Great educational materials. Good research tools.
  3. Oanda rounds out the top three. Generally low fees. Easy-to-use web trading platform. Easy and digital account opening.
  4. XTB, numero quatro. Low forex and stock index CFD fees. Free and fast deposit and withdrawal. Easy and fast account opening.
  5. TradeStation Global. Low trading fees. Wide range of products. Fast and relevant customer service. Just made it to the list at number five.
Best international online brokers of 2020 for citizens in French Polynesia
Broker Info Score Best in
#1 Interactive Brokers US discount broker 4.9 Best online broker
#2 Tastyworks US options and stockbroker 4.6
#3 Oanda US forex broker 4.6 Best mobile trading platform
#4 XTB Global CFD and forex broker 4.6 Best CFD broker
#5 TradeStation Global UK-based global broker 4.6 Best broker for buy and hold

What makes a good online broker? First of all, they must offer fair fees and have a good safety score. It should also be easy to open an account and deposit money. They should give you access to many products, and they need to have a great trading platform.

Easy to list, but hard to figure out. That’s why we are testing brokers along more than 100 criteria, using real accounts and real money. We know what's up. You can find all the ranking criteria in our methodology.

Not sure which broker? For a tailored recommendation, check out our broker finder tool. You can enter your country, and it will narrow down the list of brokers to those that are available where you live. Want more details? Compare brokers with this detailed comparison table.

And now, let's see the best international online brokers in 2020 for citizens in French Polynesia one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online brokers for citizens in French Polynesia
Interactive Brokers

4.9

Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

As it has licenses from multiple top-tier regulators, the broker is considered safe. Also, having a long track record and publicly disclosed financials while being listed on a stock exchange are also great signs for its safety.

Recommended for traders looking for low fees and a professional trading environment

Pros Cons
Wide range of products Extremely complex desktop trading platform
Many great research tools Complicated account opening process
Regulated by several authorities High inactivity fee

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#1 Interactive Brokers
Fees
4.3

Interactive Brokers has low trading fees and for US clients, stock and ETF trading is free. On the negative side, there is a high inactivity fee for non-US clients.
Pros Cons
Low trading fees Inactivity fee
Low stock and ETF fees
Low financing rate
Free stock and ETF trading for US clients
Interactive Brokers fees
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
US stock $1.0 $0.0 - $10.0 $1.5
UK stock $7.2 - - $10.0 $2.4
EURUSD benchmark fee $17.9 - $15.9 $15.0 $17.9

All spreads, commissions and financing rates are for opening a position, holding for a week, and closing.

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#1 Interactive Brokers
Account opening
3.4

IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the online registration is complicated and account verification takes around 2 business days.
Pros Cons
Fully digital Not user-friendly
No minimum deposit for most accounts types Confusing messages throughout the process
Interactive Brokers minimum deposit and time to open an account
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Minimum deposit $0 $0 $0 $250 $1,000
Time to open account 1-3 days 1 day 1-3 days 1 day 1 day

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#1 Interactive Brokers
Deposit and withdrawal
2.5

Interactive Brokers offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
First withdrawal each month free
Interactive Brokers withdrawal fee and options
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No Yes No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $45 $0 $0 $0

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#1 Interactive Brokers
Markets and products
5.0

Through Interactive Brokers you can access an extremely wide range of markets, with every product type available.
Interactive Brokers markets and products
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Stock Yes Yes No Yes Yes
ETF Yes Yes No Yes Yes
Forex Yes No Yes Yes Yes
Fund Yes No No No Yes
Bond Yes No No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFD Yes No Yes Yes Yes
Crypto Yes No No Yes Yes

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#1 Interactive Brokers
Web trading platform
4.3

Interactive Brokers's web platform is simple and easy to use even for beginners. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in French Polynesia - Interactive Brokers trading platform
Interactive Brokers trading platforms
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Web platform score 4.3 3.4 4.5 4.4 4.3
Mobile platform score 3.5 3.7 5.0 4.3 3.5
Desktop platform score 3.0 3.9 3.8 4.4 3.0

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#1 Interactive Brokers
Verdict

Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker for advanced traders.

On the plus side, IB has a vast range of markets and products available, with diverse research tools and low costs

There are some drawbacks though: there is a high inactivity fee and the account opening process is complicated. The desktop platform is complex and hard-to-understand, especially for beginners.

If you have experience navigating complex platforms and you like transparent low-cost trading, Interactive Brokers could be a great fit for you.

Interactive Brokers
Summary Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Fees score 4.3
Recommended for Traders looking for low fees and a professional trading environment

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Tastyworks Logo

#2 Best international online brokers for citizens in French Polynesia
Tastyworks

4.6

Tastyworks is a young, up-and-coming US broker focusing on options trading.

The people behind Tastyworks are the same experts who built thinkorswim, now operated by TD Ameritrade. Tastyworks is privately owned; it was established in 2017 and is headquartered in Chicago.

Recommended for options and futures traders focusing on us markets

Pros Cons
Low trading fees Only US options, futures, and stocks
Great educational materials Deposit and withdrawal options limited
Good research tools No demo account

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#2 Tastyworks
Fees
4.4

Tastyworks has low trading fees and there is no inactivity fee. On the other hand, you have to pay a withdrawal fee.
Pros Cons
Low trading fees Withdrawal fee for bank (wire) transfers
Low stock and ETF fees
No inactivity fee
Tastyworks fees
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
US stock $1.0 $0.0 - $10.0 $1.5
UK stock $7.2 - - $10.0 $2.4
EURUSD benchmark fee $17.9 - $15.9 $15.0 $17.9

All spreads, commissions and financing rates are for opening a position, holding for a week, and closing.

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#2 Tastyworks
Account opening
5.0

Tastyworks account opening is user-friendly, fast and fully digital. You can open your account without a required minimum deposit.
Pros Cons
Fast None
Fully digital
No minimum deposit
Tastyworks minimum deposit and time to open an account
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Minimum deposit $0 $0 $0 $250 $1,000
Time to open account 1-3 days 1 day 1-3 days 1 day 1 day

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#2 Tastyworks
Deposit and withdrawal
1.9

Tastyworks' deposit and withdrawal functions could be better. Although there is no deposit fee and the process is user-friendly, you can use only bank transfer; and the fee for bank transfer withdrawals is high.
Pros Cons
No deposit fee Credit/Debit card not available
User-friendly High withdrawal fee
Only one account base currency
Tastyworks withdrawal fee and options
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No Yes No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $45 $0 $0 $0

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#2 Tastyworks
Markets and products
2.5

At Tastyworks, you can trade US stocks, ETFs, options and some futures.
Tastyworks markets and products
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Stock Yes Yes No Yes Yes
ETF Yes Yes No Yes Yes
Forex Yes No Yes Yes Yes
Fund Yes No No No Yes
Bond Yes No No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFD Yes No Yes Yes Yes
Crypto Yes No No Yes Yes

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#2 Tastyworks
Web trading platform
3.4

The Tastyworks web platform is great for experienced traders, especially if you focus on options trading. However, it takes time to figure out how its functions work, and its customizability is limited.
Pros Cons
Clear fee report No two-step (safer) login
Price alerts Limited customizability (for charts, workspace)
Order confirmation Not suited for beginners
Best international online brokers for citizens in French Polynesia - Tastyworks trading platform
Tastyworks trading platforms
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Web platform score 4.3 3.4 4.5 4.4 4.3
Mobile platform score 3.5 3.7 5.0 4.3 3.5
Desktop platform score 3.0 3.9 3.8 4.4 3.0

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#2 Tastyworks
Verdict

Tastyworks is an excellent broker for options trading, but it is a bit complicated if you want to trade stocks only.  

Tastyworks is a US broker, therefore its investor protection scheme is excellent. Trading fees are low, with free stock and average options trading fees. Its trading platform is aimed at experienced options traders, and can be intimidating for beginners. However, its educational and research tools are great for learning. Deposit and withdrawal processes could be better, and a demo account would also be great for practice purposes.

As there is no minimum deposit, no inactivity fee or monthly fee, and the account opening process is seamless, you should feel free to try it.

Tastyworks
Summary Tastyworks is a recently established US options and stockbroker. It is overseen by FINRA, a top-tier regulatory body.
Fees score 4.4
Recommended for Options and futures traders focusing on US markets

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Oanda Logo

#3 Best international online brokers for citizens in French Polynesia
Oanda

4.6

Oanda is an American forex broker founded in 1996.

It is considered safe because it has a long track record, discloses its financials, and is regulated by top-tier authorities, such as the US Retail Foreign Exchange Dealer (RFED) and the UK's Financial Conduct Authority (FCA).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% 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.

Recommended for forex traders who value a user-friendly platform and great research tools

Pros Cons
Generally low fees Only FX and some CFDs
Easy-to-use web trading platform Poor customer service
Easy and digital account opening High bank withdrawal fee

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73.5% of retail CFD accounts lose money

#3 Oanda
Fees
4.5

Oanda charges low CFD and low forex fees. Non-trading fees are low, though the withdrawal fee is quite high for bank transfers.
Pros Cons
Low trading fees High withdrawal fee for bank transfers
Low forex fees
No withdrawal fee
No withdrawal fee in most cases
Oanda fees
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
US stock $1.0 $0.0 - $10.0 $1.5
UK stock $7.2 - - $10.0 $2.4
EURUSD benchmark fee $17.9 - $15.9 $15.0 $17.9

All spreads, commissions and financing rates are for opening a position, holding for a week, and closing.

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73.5% of retail CFD accounts lose money

#3 Oanda
Account opening
4.4

Oanda's account opening is straightforward, with no required minimum balance.
Pros Cons
Fully digital Issues with ID verification can slow account opening
No minimum deposit
Low minimum deposit
Oanda minimum deposit and time to open an account
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Minimum deposit $0 $0 $0 $250 $1,000
Time to open account 1-3 days 1 day 1-3 days 1 day 1 day

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73.5% of retail CFD accounts lose money

#3 Oanda
Deposit and withdrawal
4.2

There is no deposit fee and you can conveniently use your debit card for deposit. While withdrawal is free in most cases, it is expensive for bank transfers, and it involves a fee if you withdraw to your card more than once a month.
Pros Cons
Credit/Debit card available High withdrawal fee for bank transfers
No deposit fee
Withdrawal is free for PayPal and for the first debit card transaction each month
Oanda withdrawal fee and options
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No Yes No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $45 $0 $0 $0

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73.5% of retail CFD accounts lose money

#3 Oanda
Markets and products
1.5

At Oanda you can trade only forex and CFDs. It offers fewer forex pairs but more CFDs than its closest competitors.
Oanda markets and products
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Stock Yes Yes No Yes Yes
ETF Yes Yes No Yes Yes
Forex Yes No Yes Yes Yes
Fund Yes No No No Yes
Bond Yes No No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFD Yes No Yes Yes Yes
Crypto Yes No No Yes Yes

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73.5% of retail CFD accounts lose money

#3 Oanda
Web trading platform
4.5

Oanda's web trading platform is user-friendly and safe with good customizability. On the downside, you can't set price alerts.
Pros Cons
User-friendly No price alerts
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in French Polynesia - Oanda trading platform
Oanda trading platforms
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Web platform score 4.3 3.4 4.5 4.4 4.3
Mobile platform score 3.5 3.7 5.0 4.3 3.5
Desktop platform score 3.0 3.9 3.8 4.4 3.0

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73.5% of retail CFD accounts lose money

#3 Oanda
Verdict

Oanda is a good forex broker: its fees are great, and it has a good web trading platform where you will quickly feel comfortable. It provides a user-friendly and fully digital account opening process, as well as powerful research tools, especially API.

On the other hand, Oanda has a limited product portfolio, as only forex and CFDs are available. Customer support is slow, and bank withdrawal fees can be high.

Feel free to try Oanda: it is regulated by top-tier regulators, there is no minimum deposit, and the inactivity fee only kicks in after two years.

Oanda
Summary Oanda is a US forex broker. It is regulated by top-tier authorities like the UK FCA and Australia's ASIC.
Fees score 4.5
Recommended for Forex traders who value a user-friendly platform and great research tools

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73.5% of retail CFD accounts lose money

XTB Logo

#4 Best international online brokers for citizens in French Polynesia
XTB

4.6

XTB is a global CFD and forex broker with headquarters in London and Warsaw. The company is regulated by several financial authorities worldwide, including the UK's Financial Conduct Authority (FCA) and the Polish Financial Supervision Authority (KNF). XTB is listed on the Warsaw Stock Exchange.

XTB is considered safe because it is regulated by at least one top-tier financial authority, the FCA, and is listed on a stock exchange.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Pros Cons
Low forex and stock index CFD fees High fee for stock CFD
Free and fast deposit and withdrawal Limited product portfolio, mostly CFD and FX
Easy and fast account opening Poor email support

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75% of retail CFD accounts lose money

#4 XTB
Fees
4.0

XTB has low trading fees and low non-trading fees. Within trading fees, there are low fees for forex and stock index CFDs. On the other hand, stock CFD fees are high.
Pros Cons
Low trading fees High stock CFD fees
Low non-trading fees
No withdrawal fee
XTB fees
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
US stock $1.0 $0.0 - $10.0 $1.5
UK stock $7.2 - - $10.0 $2.4
EURUSD benchmark fee $17.9 - $15.9 $15.0 $17.9

All spreads, commissions and financing rates are for opening a position, holding for a week, and closing.

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75% of retail CFD accounts lose money

#4 XTB
Account opening
5.0

XTB's account opening process is hassle-free, fully digital and straightforward. Your account will be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
XTB minimum deposit and time to open an account
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Minimum deposit $0 $0 $0 $250 $1,000
Time to open account 1-3 days 1 day 1-3 days 1 day 1 day

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75% of retail CFD accounts lose money

#4 XTB
Deposit and withdrawal
4.5

XTB deposits and withdrawals are cost-friendly, fast, and can be done in several forms.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
XTB withdrawal fee and options
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No Yes No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $45 $0 $0 $0

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75% of retail CFD accounts lose money

#4 XTB
Markets and products
2.8

XTB's product selection covers only CFDs, forex and crypto assets. Some European clients can also trade with real stocks and ETFs. Popular asset classes like bonds, mutual funds, options and futures are not available.
XTB markets and products
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Stock Yes Yes No Yes Yes
ETF Yes Yes No Yes Yes
Forex Yes No Yes Yes Yes
Fund Yes No No No Yes
Bond Yes No No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFD Yes No Yes Yes Yes
Crypto Yes No No Yes Yes

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75% of retail CFD accounts lose money

#4 XTB
Web trading platform
4.4

XTB's xStation 5 platform is user-friendly, can be customized and has a good search function. On the other hand, a two-step login is not available.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Best international online brokers for citizens in French Polynesia - XTB trading platform
XTB trading platforms
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Web platform score 4.3 3.4 4.5 4.4 4.3
Mobile platform score 3.5 3.7 5.0 4.3 3.5
Desktop platform score 3.0 3.9 3.8 4.4 3.0

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75% of retail CFD accounts lose money

#4 XTB
Verdict

XTB is a great CFD and forex broker. It is regulated by several financial authorities globally, including the UK's FCA, and it is listed on the Warsaw Stock Exchange. 

On the plus side, its forex and stock index CFD fees are low and the deposit and withdrawal process is free and fast. We also liked the seamless and hassle-free account opening process.

XTB has some drawbacks, though. The stock CFD fees are high. The product range is mainly limited to FX and CFDs, although real stock and ETF trading are available in some European countries. Lastly, its email support did not reply to our queries.

We recommend XTB for clients who prefer forex or CFD trading, and also want to enjoy great deposit and withdrawal options and a fast account opening. Feel free to test it using a demo account.

XTB
Summary XTB is a global CFD and forex broker, listed on the Warsaw Stock Exchange and regulated by financial authorities including the UK FCA and Poland's KNF.
Fees score 4.0
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

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75% of retail CFD accounts lose money

TradeStation Global Logo

#5 Best international online brokers for citizens in French Polynesia
TradeStation Global

4.6

TradeStation Global is the brand of TradeStation International, which is based in the UK and regulated by the top-tier FCA. TradeStation International is the subsidiary of TradeStation, while introducing broker of Interactive Brokers (IB).  

Therefore, TradeStation Global is a combined product of TradeStation and IB. You can reach IB's markets almost at IB's fees. You can trade on both IB's and TradeStation's desktop platform. The customer service is by TradeStation. 

Both Interactive Brokers and TradeStation are reputable brokers, regulated by top-tier financial authorities. While Interactive Brokers is listed on NASDAQ, TradeStation itself is not: only TradeStation's parent company Monex is listed on the Tokyo Stock Exchange.

 

Recommended for traders and investors looking for low fees and a wide selection of products

Pros Cons
Low trading fees Not user-friendly deposit and withdrawal
Wide range of products Complicated account opening
Fast and relevant customer service Limited education materials

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#5 TradeStation Global
Fees
4.1

TradeStation Global has low trading fees, especially for stock and ETF. It's also great that there is no inactivity fee and the first withdrawal in each month is free of charge. On the other hand, mutual fund fees are high.
Pros Cons
Low trading fees High fund fees
Low non-trading fees
Low stock and ETF fees
TradeStation Global fees
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
US stock $1.0 $0.0 - $10.0 $1.5
UK stock $7.2 - - $10.0 $2.4
EURUSD benchmark fee $17.9 - $15.9 $15.0 $17.9

All spreads, commissions and financing rates are for opening a position, holding for a week, and closing.

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#5 TradeStation Global
Account opening
2.8

TradeStation Global's account opening is fully digital and fast. On the negative side, the process is complicated and there is a high, $1,000 minimum required deposit.
Pros Cons
Fast Minimum deposit is higher than $500
Fully digital Not user-friendly
TradeStation Global minimum deposit and time to open an account
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Minimum deposit $0 $0 $0 $250 $1,000
Time to open account 1-3 days 1 day 1-3 days 1 day 1 day

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#5 TradeStation Global
Deposit and withdrawal
2.5

TradeStation Global offers many account base currency options and one free withdrawal per month. The main drawbacks are that you can only use bank transfer and the process is not user-friendly.
Pros Cons
No deposit fee Credit/Debit card not available
Several account base currencies Not user-friendly
No charge for the first withdrawal every month.
TradeStation Global withdrawal fee and options
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No No Yes No No
Electronic wallets No No Yes No No
Withdrawal fee $0 $45 $0 $0 $0

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#5 TradeStation Global
Markets and products
5.0

With TradeStation Global, you can access the same range of product types and exchanges as at Interactive Brokers. This selection is one of the widest among online brokers.
TradeStation Global markets and products
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Stock Yes Yes No Yes Yes
ETF Yes Yes No Yes Yes
Forex Yes No Yes Yes Yes
Fund Yes No No No Yes
Bond Yes No No No Yes
Options Yes Yes No No Yes
Futures Yes Yes No No Yes
CFD Yes No Yes Yes Yes
Crypto Yes No No Yes Yes

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#5 TradeStation Global
Web trading platform
4.3

You can use Interactive Brokers' web trading platforms. Client Portal is simple and easy to use even for beginners. On the negative side, it is not customizable.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report Difficult to set the alerts
Two-step (safer) login
Best international online brokers for citizens in French Polynesia - TradeStation Global trading platform
TradeStation Global trading platforms
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Web platform score 4.3 3.4 4.5 4.4 4.3
Mobile platform score 3.5 3.7 5.0 4.3 3.5
Desktop platform score 3.0 3.9 3.8 4.4 3.0

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#5 TradeStation Global
Verdict

TradeStation Global has low trading fees, has access to a lot of products and markets, and has great customer support. The TradeStation Global desktop platform has great charting tools, and plenty of indicators highly customizable watchlists (Radar Screen), and visualized order placing (Matrix).

On the other hand, the deposit and withdrawal process is not user-friendly and you can use only a bank transfer. The account opening is complicated and for full account verification, a minimum deposit of $1,000 is needed. Lastly, the education section could be extended with more materials, as of now, it is limited.

If you prefer low fees with IB's product range, feel free to try TradeStation Global.

TradeStation Global
Summary TradeStation Global is an introducing broker for EU clients. It is regulated by the top-tier UK FCA.
Fees score 4.1
Recommended for Traders and investors looking for low fees and a wide selection of products

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Best international online brokers for citizens in French Polynesia
What makes a good online broker

Now you know the top 5. You are probably curious about how we came up with this list. Let's go through a few points quickly. What is an online broker? Why do we think these brokers are safe? What are the most important factors when selecting the best online brokers?

What is an online broker?

Thirty years ago if you wanted to buy a stock, you had to pick up the phone and call your broker, who executed the transaction in return for a commission. Brokers were like in the Wolf of Wall Street movie. They were checking the stocks' prices while holding a telephone and shouting. Everything changed after the internet appeared. Nowadays if you want to buy Apple shares, you open online an account, deposit money, and make the order through the brokers' online platform. These brokers are the online brokers. Online brokers help you buying and selling securities, like stocks. After making your order, the online broker executes it immediately. Everything is online.

Are these brokers safe?

You can be sure none of them is a scam. They are regulated by top-tier authorities. Some of them are also listed on an exchange, while some have a banking background.

However, also brokerage companies can go down. Remember Lehman Brothers? In these cases, it is important to know what happens with your securities and cash. These are usually held in segregated accounts, so even in case of a broker bankruptcy, you are safe.

If everything goes very bad and for example, the broker steals your assets, then you have a last resort, the compensation fund of the country where the broker is regulated.

How did BrokerChooser pick the best international online brokers for a citizen in French Polynesia?

At BrokerChooser, we test online brokers along more than 100 criteria, using real accounts and real money. We don’t want to overwhelm you, so for now we’ll just list the five most important criteria.

The five most important criteria for best international online brokers are:

5 important criteria for the best international online brokers in 2020
1. Fees The trading fee of a typical US equity trade can be 50 times higher at one online broker compared to another. Worth to check the fees.
2. Account opening Some online brokers require a minimum to invest, others don't set a minimal first-time deposit. Check out what the best online brokers require.
3. Deposit and withdrawal Transferring money to your account can be 5 times longer and more expensive at one online broker compared to another.
4. Products and markets You want to invest in Amazon and Bitcoin? They might not be available. Check the product coverage before opening an account.
5. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.

Best international online brokers for citizens in French Polynesia
Bottom line

You saw the details, now let's zoom out. Here are the best international online brokers of 2020 for citizens in French Polynesia:

Best international online brokers for citizens in French Polynesia
Interactive Brokers Tastyworks Oanda XTB TradeStation Global
Overall score 4.9 4.6 4.6 4.6 4.6
Best in Best online broker Best mobile trading platform Best CFD broker Best broker for buy and hold
Fees score 4.3 4.4 4.5 4.0 4.1
Account opening score 3.4 5.0 4.4 5.0 2.8
Deposit and withdrawal score 2.5 1.9 4.2 4.5 2.5
Markets and products score 5.0 2.5 1.5 2.8 5.0
Web platform score 4.3 3.4 4.5 4.4 4.3
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73.5% of retail CFD accounts lose money
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75% of retail CFD accounts lose money
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Interactive Brokers is our winner, the best international online broker in French Polynesia of 2020. Wide range of products. Many great research tools. Regulated by several authorities.
All of these brokers are considered a great choice. Pick the winner, or any of the runners-up, and take the next step in your investment journey. Let us know what you think in the comment section.
Still unsure? Use the broker finder and find the best international broker for you, or learn more about investing your money.

Tibor Bedő

Tibor Bedő

Co-founder, CEO

Author of this article

Tibor believes having a good stockbroker is everybody's privilege. He worked extensively in the financial industry, including at Morgan Stanley and at The Boston Consulting Group (BCG). He advised leading European banks on strategy, finance and risk management.

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

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73.5% of retail CFD accounts lose money
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75% of retail CFD accounts lose money
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