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Best international online brokers in Madagascar in 2023

2
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81% of retail CFD accounts lose money
4
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84% of retail CFD accounts lose money
6
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80% of retail CFD accounts lose money
7
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75% of retail CFD accounts lose money
8
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76% of retail CFD accounts lose money
9
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78.3% of retail CFD accounts lose money
  1. Interactive Brokers is the best international online brokers in Madagascar in 2023. - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
  2. XTB - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  3. TradeStation Global - Low stock and ETF fees. Wide range of products. Fast customer service.
  4. Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
  5. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  6. Admirals (Admiral Markets) - Low forex CFD fees. Free and fast deposit and withdrawal. Straightforward account opening.
  7. IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  8. Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
  9. Oanda - Great trading platforms. Outstanding research tools. Fast and user-friendly account opening.
  10. MEXEM - Low stock and ETF fees. Wide range of products. Many great research tools.

Best international online brokers in Madagascar in 2023
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
$0 for non-margin client accounts, $2,000 for margin accounts. (A margin account is where you trade with borrowed money, also known as leverage.)
1-3 days
XTB
$0
No minimum deposit for individual accounts but £15,000 for corporate accounts.
1 day
TradeStation Global
$0
No minimum deposit, $1000 to use the desktop trading platform
1 day
Capital.com
$20
$20 minimum deposit for credit/debit cards and Apple Pay, and $250 minimum required for bank transfer
1 day
Alpaca Trading
$0
$0 for retail account, $30,000 for business accounts
1 day
Admirals (Admiral Markets)
$100
100 EUR/GBP/USD/CHF or 200 BGN or 1000 CZK or 750 HRK or 25000 HUF or 250 PLN/RON
1 day
IG
$0
No minimum deposit for bank transfers; $300 minimum for credit/debit cards and PayPal
1-3 days
Tickmill
$100
$100 minimum deposit
1 day
Oanda
$0
No minimum account balance
1-3 days
MEXEM
$0
There is no minimum deposit
1 day


Popularity of the best online brokers in Madagascar

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Best international online brokers in Madagascar in 2023
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
Interactive Brokers
$1.0
Fixed pricing: $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan.
$3.7
Fixed £3 for trade value less than £6,000, 0.05% of trade value for more than £6,000
XTB
$0.0
Real stocks available only in a few EU countries. US stock fee: 0% up to monthly €100,000, and 0.2% with a minimum of €10 after
$0.0
Real stocks available only in a few EU countries. US stock fee: 0% up to monthly €100,000, and 0.2% with a minimum of €10 after
TradeStation Global
$1.5
$0.01 per share, min. $1.5
$2.0
0.1%, min £1.5
Capital.com
-
Not available
-
Not available
Alpaca Trading
$0.0
Commission-free stock trading
-
Not available
Admirals (Admiral Markets)
$0.0
One commission-free trade per day. Outside the allowance, the fee is $0.02 per share with a minimum of $1
$0.0
One commission-free trade per day. Outside the allowance, 0.1 % of trade value, minimum of £1.
IG
$15.0
Real stocks available only in a few countries, like UK, Ireland, or Australia. US stock fees: $0.02 per share with $15 min
$9.9
Real stocks available only in a few countries, like UK, Ireland, or Australia. UK stock fee: £8 per trade
Tickmill
-
Not available
-
Not available
Oanda
-
Not available
-
Not available
MEXEM
$2.5
$0.005 per share; min. $2.5, max. 2% of trade value
$3.1
0.08% of trade value with a minimum of £2.5, plus £1 fee on transaction exceeding £10.000, stamp tax of 0.5%
Fees at the best international online brokers in June 2023
All commissions, spreads and financing rates (if applicable) for opening a position, holding for a week, and closing.

Best international online brokers in Madagascar in 2023
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
No account fee
No inactivity fee
XTB
No account fee
€10 per month after 1 year of trading inactivity and if no deposit was made in the last 90 days
TradeStation Global
No account fee
No inactivity fee
Capital.com
No account fee
No inactivity fee
Alpaca Trading
No account fee
No inactivity fee
Admirals (Admiral Markets)
No account fee.
€10 per month after 2 years of inactivity. Only charged if your account balance is greater than zero
IG
No account fee
$/£12/€14 per month after 2 years of inactivity
Tickmill
No account fee
No inactivity fee
Oanda
No account fee
£10 per month after one year of inactivity
MEXEM
No account fee.
No inactivity fee
Account, inactivity, and deposit/withdrawal fees at the best online brokers in June 2023

Best international online brokers in Madagascar in 2023
Our assessment of best international online brokers for residents in Madagascar in 2023

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
4.4
XTB
4.8
4.3
TradeStation Global
4.8
4.1
Capital.com
4.6
4.4
Alpaca Trading
4.7
4.9
Admirals (Admiral Markets)
4.7
4.0
IG
4.6
3.6
Tickmill
4.6
4.4
Oanda
4.5
4.1
MEXEM
4.5
3.9
Score summary of best international online brokers for residents in Madagascar

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 2023 for residents in Madagascar in detail one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online broker in Madagascar in 2023
Interactive Brokers

Recommended for traders looking for broad market access and a professional trading environment

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Interactive Brokers snapshot
Minimum deposit $0
Fees class Low
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 2023
XTB Logo

#2 Best international online broker in Madagascar in 2023
XTB

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

Visit broker
81% of retail CFD accounts lose money

XTB snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards, Paysafe, Skrill
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 2023
TradeStation Global Logo

#3 Best international online broker in Madagascar in 2023
TradeStation Global

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

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TradeStation Global snapshot
Minimum deposit $0
Fees class Low
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 2023
Capital.com Logo

#4 Best international online broker in Madagascar in 2023
Capital.com

Recommended for investors and cfd traders looking for a great trading platform and excellent customer service

Visit broker
84% of retail CFD accounts lose money

Capital.com snapshot
Minimum deposit $20
Fees class Low
Deposit method Bank transfer, Credit/debit cards, Apple Pay, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Apple Pay, PayPal
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Capital.com services, check out our review for 2023
Alpaca Trading Logo

#5 Best international online broker in Madagascar in 2023
Alpaca Trading

Recommended for traders interested in algorithmic stock trading

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Alpaca Trading snapshot
Minimum deposit $0
Fees class Low
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 Alpaca Trading services, check out our review for 2023
Admirals (Admiral Markets) Logo

#6 Best international online broker in Madagascar in 2023
Admirals (Admiral Markets)

Recommended for forex traders who are familiar with the metatrader trading platforms

Visit broker
80% of retail CFD accounts lose money

Admirals (Admiral Markets) snapshot
Minimum deposit $100
Fees class Low
Deposit method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong
Withdrawal method Bank transfer, Credit/debit cards, Skrill, PayPal, Klarna, Neteller, SafetyPay, AstroPay, Trustly, Rapid Transfer, NganLuong
Withdrawal fee $0
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of Admirals (Admiral Markets) services, check out our review for 2023
IG Logo

#7 Best international online broker in Madagascar in 2023
IG

Recommended for traders of any experience level looking for an easy-to-use trading platform

Visit broker
75% of retail CFD accounts lose money

IG snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal
Withdrawal method Bank transfer, Credit/debit cards
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of IG services, check out our review for 2023
Tickmill Logo

#8 Best international online broker in Madagascar in 2023
Tickmill

Recommended for forex traders looking for low fees who are familiar with the metatrader 4 platform

Visit broker
76% of retail CFD accounts lose money

Tickmill snapshot
Minimum deposit $100
Fees class Low
Deposit method Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, 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 2023
Oanda Logo

#9 Best international online broker in Madagascar in 2023
Oanda

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

Visit broker
78.3% of retail CFD accounts lose money

Oanda snapshot
Minimum deposit $0
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller
Withdrawal fee $0
Time to open account 1-3 days
Inactivity fee Yes
Read review For a detailed analysis of Oanda services, check out our review for 2023
MEXEM Logo

#10 Best international online broker in Madagascar in 2023
MEXEM

Recommended for investors and traders looking for low fees and sophisticated trading platforms

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MEXEM snapshot
Minimum deposit $0
Fees class Low
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 MEXEM services, check out our review for 2023

Best international online brokers in Madagascar in 2023
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Best international online brokers in Madagascar in 2023
How did we select the best international online brokers in Madagascar in 2023?

  • 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.
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Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

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

Visit XTB
81% of retail CFD accounts lose money
Visit Capital.com
84% of retail CFD accounts lose money
Visit Admirals (Admiral Markets)
80% of retail CFD accounts lose money
Visit IG
75% of retail CFD accounts lose money
Visit Tickmill
76% of retail CFD accounts lose money
Visit Oanda
78.3% of retail CFD accounts lose money

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