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Best international online brokers in the Bahamas in 2023

TOP
2
81% of retail CFD accounts lose money
TOP
6
80% of retail CFD accounts lose money
TOP
7
75% of retail CFD accounts lose money
TOP
9
74.32% of retail CFD accounts lose money
  1. Interactive Brokers is the best international online brokers in the Bahamas 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. Saxo Bank - Great trading platform. Outstanding research. Broad product portfolio.
  4. Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
  5. TradeStation - Great web and mobile trading platform. Low trading fees. High-quality research and education 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. MEXEM - Low stock and ETF fees. Wide range of products. Many great research tools.
  9. IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offers standard and raw spread accounts.
  10. Swissquote - Access to many markets and products. No inactivity fee. Rock-solid background.

Best international online brokers in the Bahamas 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
Saxo Bank
$2,000
The minimum account balance is £500 in the UK, while $2,000-10,000 in other countries and zero for Danish and Norwegian clients.
1 day
Alpaca Trading
$0
$0 for retail account, $30,000 for business accounts
1 day
TradeStation
$0
$1 for cash accounts, $2,000 for margin accounts, and $5,000 for futures 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
MEXEM
$0
There is no minimum deposit
1 day
IC Markets
$200
$200 minimum deposit is required for MT4/MT5/CTrader accounts
1 day
Swissquote
$0
No minimum account balance
1 day


Popularity of the best online brokers in the Bahamas

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 the Bahamas 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
Saxo Bank
$10.0
$0.02/share; min $10, but with a VIP account the minimum can be as low as $3
$9.9
0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min
Alpaca Trading
$0.0
Commission-free stock trading
-
Not available
TradeStation
$0.0
Commission-free up to the first 10,000 shares per trade for US clients. $5 per trade for non-US clients
-
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
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%
IC Markets
-
Not available
-
Not available
Swissquote
$25.0
Volume-tiered commission ranging between $9 and $190
$31.0
Flat commission depending on the trade value, min £25, max £190
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 the Bahamas 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
Saxo Bank
No account fee
In the UK, £25 after one quarter of inactivity. SIPP and ISA accounts are exempt from this fee. In non-UK countries, up to $150 after 6 months of inactivity
Alpaca Trading
No account fee
No inactivity fee
TradeStation
No account fee
$50 per year if your balance is less than $2,000 or if you make less than 5 trades per year
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
MEXEM
No account fee.
No inactivity fee
IC Markets
No account fee
No inactivity fee
Swissquote
No account fee
No inactivity fee charged
Account, inactivity, and deposit/withdrawal fees at the best online brokers in June 2023

Best international online brokers in the Bahamas in 2023
Our assessment of best international online brokers for residents in the Bahamas 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
Saxo Bank
4.8
2.9
Alpaca Trading
4.7
4.9
TradeStation
4.7
4.1
Admirals (Admiral Markets)
4.7
3.9
IG
4.6
3.5
MEXEM
4.5
3.9
IC Markets
4.5
4.6
Swissquote
4.5
1.8
Score summary of best international online brokers for residents in the Bahamas

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 the Bahamas in detail one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online broker in the Bahamas 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 the Bahamas 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
Saxo Bank Logo

#3 Best international online broker in the Bahamas in 2023
Saxo Bank

Recommended for investors and traders looking for a great trading platform and solid research

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Saxo Bank snapshot
Minimum deposit $2,000
Fees class Average
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer
Withdrawal fee $0
Time to open account 1 day
Inactivity fee Yes
Read review For a detailed analysis of Saxo Bank services, check out our review for 2023
Alpaca Trading Logo

#4 Best international online broker in the Bahamas in 2023
Alpaca Trading

Recommended for traders interested in algorithmic stock trading

Visit broker

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
TradeStation Logo

#5 Best international online broker in the Bahamas in 2023
TradeStation

Recommended for traders focusing on us markets and buy-and-hold investing

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TradeStation 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 Yes
Read review For a detailed analysis of TradeStation services, check out our review for 2023
Admirals (Admiral Markets) Logo

#6 Best international online broker in the Bahamas 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 the Bahamas 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
MEXEM Logo

#8 Best international online broker in the Bahamas 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
IC Markets Logo

#9 Best international online broker in the Bahamas in 2023
IC Markets

Recommended for forex and cfd traders who value easy account opening and free deposit/withdrawal options

Visit broker
74.32% of retail CFD accounts lose money

IC Markets snapshot
Minimum deposit $200
Fees class Low
Deposit method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
Withdrawal fee $0
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of IC Markets services, check out our review for 2023
Swissquote Logo

#10 Best international online broker in the Bahamas in 2023
Swissquote

Recommended for affluent investors who value safety and are ok with higher fees

Visit broker

Swissquote snapshot
Minimum deposit $0
Fees class High
Deposit method Bank transfer, Credit/debit cards
Withdrawal method Bank transfer
Withdrawal fee $10
Time to open account 1 day
Inactivity fee No
Read review For a detailed analysis of Swissquote services, check out our review for 2023

Best international online brokers in the Bahamas in 2023
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Best international online brokers in the Bahamas in 2023
How did we select the best international online brokers in the Bahamas 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.
Save hours of research!
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

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 Admirals (Admiral Markets)
80% of retail CFD accounts lose money
Visit IG
75% of retail CFD accounts lose money
Visit IC Markets
74.32% of retail CFD accounts lose money

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