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To help you find the best online brokers in 2021, we went ahead and did the research for you. First, we selected 81 quality online brokers, then checked and compared basically every aspect of their offering: fees, available markets and products, trading platforms, deposit and withdrawal options and much much more. To be selected best online broker, service providers had to prove their excellence in multiple areas. We dug deep, so you won't have to.

5 brokers made it to the top in the Central African Republic. We highly recommend all 5 to you. And now, without further ado...

The top 5 picks for best international online broker of 2021 for citizens in the Central African Republic:

  1. XTB is the best international online broker in 2021. Low forex fees. Free and fast deposit and withdrawal. Easy and fast account opening.
  2. Fusion Markets takes second place. Low trading and non-trading fees. Fast and easy account opening. Great customer service.
  3. Tickmill rounds out the top three. Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
  4. NinjaTrader, numero quattro. Low trading fees. Great platform and research. Quality educational materials.
  5. IC Markets just made it to the list at in fifth place. Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
Best international online brokers of 2021 for citizens in the Central African Republic
Broker Info Score Best in
#1 XTB Global CFD and forex broker 4.7 Best CFD broker
#2 Fusion Markets Australian forex broker 4.5 Best discount forex broker
#3 Tickmill Global forex broker 4.5
#4 NinjaTrader Global platform provider focusing on futures trading 4.4 Best broker for futures
#5 IC Markets Global forex broker 4.5

What makes a good online broker? Surely, they need to provide great service in all areas. First of all, they need to offer fair fees and have a good safety score. Opening an account and depositing money should also be user-friendly processes. They need to provide access to a wide range of products and have a great platform.

These features are easy to list, but hard to figure out. We test brokers based on more than ~300 criteria with real accounts and real money. We know what's up. You can find all the ranking criteria in our methodology.

Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country it will show only the relevant brokers. Want more details? Compare brokers with our in-depth comparison table.

And now, let's see the best international online brokers in 2021 for citizens in the Central African Republic one by one, starting with the winner, XTB.

XTB Logo

#1 Best international online brokers for citizens in the Central African Republic
XTB

4.7

XTB is a global CFD and forex broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to disclose its financials.

XTB is considered safe because it has a long track record, is listed on a stock exchange, and publishes its financial statements transparently.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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 fees High fees for stock CFDs
Free and fast deposit and withdrawal Product portfolio limited mostly to CFDs and FX
Easy and fast account opening Limited fundamental data

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79% of retail CFD accounts lose money

#1 XTB
Fees
3.9

XTB has low forex fees and there is no withdrawal fee for most transfers. On the other hand, stock CFD fees are high, and XTB also charges an inactivity fee.
Pros Cons
Low forex fees High stock CFD fees
Free withdrawal for transfers above $100
XTB fees
XTB Fusion Markets Tickmill NinjaTrader IC Markets
US stock $10.0 - - - -
UK stock $12.0 - - - -
EURUSD benchmark fee $8.5 $5.2 $6.7 - $7.0
AUDUSD benchmark fee $6.7 $5.4 $4.8 - $6.1
GBPUSD benchmark fee $6.1 $4.3 $4.7 - $5.4
S&P 500 index CFD fee $1.5 $0.0 $1.5 - $1.7
Europe 50 index CFD fee $1.8 $1.5 $1.5 - $1.7

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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79% of retail CFD accounts lose money

#1 XTB
Account opening
5.0

XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
No minimum deposit
XTB minimum deposit and time to open an account
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Minimum deposit $0 $0 $100 $400 $200
Time to open account 1 day 1 day 1 day >3 days 1 day

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79% of retail CFD accounts lose money

#1 XTB
Deposit and withdrawal
4.5

XTB deposits and withdrawals are fast, mostly free, and can be done via several channels.
Pros Cons
Credit/Debit card available Few minor account currencies accepted
Free withdrawal
No deposit fee
XTB withdrawal fees and options
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes No Yes
Electronic wallets No No Yes No Yes
Withdrawal fee $0 $0 $0 $40 $0

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79% of retail CFD accounts lose money

#1 XTB
Markets and products
2.8

XTB's default product selection includes only CFDs, forex and crypto. Some European clients can also trade real stocks and ETFs. Popular asset classes like bonds, mutual funds, options and futures are not available.
XTB markets and products
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Stock Yes No No No No
ETF Yes No No No No
Forex Yes Yes Yes No Yes
Fund No No No No No
Bond No No No No No
Options No No No Yes No
Futures No No No Yes No
CFD Yes Yes Yes No Yes
Crypto Yes Yes No Yes Yes

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79% of retail CFD accounts lose money

#1 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, 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 the Central African Republic - XTB trading platform
XTB trading platforms
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
Desktop platform score 4.4 stars 3.4 stars 3.4 stars 4.8 stars 3.4 stars

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79% of retail CFD accounts lose money

#1 XTB
Verdict

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

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

XTB has some drawbacks, though. 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. Fundamental data offered by XTB covers only a few basics such as P/E.

We recommend XTB for clients who prefer forex or CFD trading, and also want to enjoy great deposit and withdrawal options along with 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, Poland's KNF, and Cyprus's CySec.
Fees score 3.9 stars
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service

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79% of retail CFD accounts lose money

Fusion Markets Logo

#2 Best international online brokers for citizens in the Central African Republic
Fusion Markets

4.5

Fusion Markets is an Australian discount forex broker founded in 2010. It is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% 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 looking for low fees and a chance to use the metatrader 4 platform

Pros Cons
Low trading and non-trading fees Basic educational tools
Fast and easy account opening Limited product selection
Great customer service No investor protection

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Fees
4.8

Fusion Markets has low forex and CFD fees and charges no inactivity or withdrawal fees.
Pros Cons
Low non-trading fees None
Low forex fees
No withdrawal or inactivity fees
Fusion Markets fees
XTB Fusion Markets Tickmill NinjaTrader IC Markets
US stock $10.0 - - - -
UK stock $12.0 - - - -
EURUSD benchmark fee $8.5 $5.2 $6.7 - $7.0
AUDUSD benchmark fee $6.7 $5.4 $4.8 - $6.1
GBPUSD benchmark fee $6.1 $4.3 $4.7 - $5.4
S&P 500 index CFD fee $1.5 $0.0 $1.5 - $1.7
Europe 50 index CFD fee $1.8 $1.5 $1.5 - $1.7

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Account opening
5.0

Account opening at Fusion Markets is user-friendly and fully digital. It is also very fast, as our test account was verified the same day.
Pros Cons
Fast None
Fully digital
No minimum deposit
Fusion Markets minimum deposit and time to open an account
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Minimum deposit $0 $0 $100 $400 $200
Time to open account 1 day 1 day 1 day >3 days 1 day

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Deposit and withdrawal
4.4

Fusion Markets does not charge any fees for deposits and most withdrawal options. You can use bank transfer, credit/debit cards and electronic wallets for adding money; however, there are no minor account currencies accepted.
Pros Cons
Credit/Debit card available No minor account currencies accepted
Free withdrawal
No deposit fee
Fusion Markets withdrawal fees and options
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes No Yes
Electronic wallets No No Yes No Yes
Withdrawal fee $0 $0 $0 $40 $0

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Markets and products
1.8

Fusion Markets gives access to many currency pairs and some CFDs. On the other hand, it lacks a lot of popular asset classes, such as real stocks, ETFs and funds.
Fusion Markets markets and products
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Stock Yes No No No No
ETF Yes No No No No
Forex Yes Yes Yes No Yes
Fund No No No No No
Bond No No No No No
Options No No No Yes No
Futures No No No Yes No
CFD Yes Yes Yes No Yes
Crypto Yes Yes No Yes Yes

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Web trading platform
2.8

The web trading platform of Fusion Markets (provided by MetaTrader) is highly customizable and has a clear fee report. On the other hand, its design is outdated and it lacks a two-step login and price alerts.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Best international online brokers for citizens in the Central African Republic - Fusion Markets trading platform
Fusion Markets trading platforms
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
Desktop platform score 4.4 stars 3.4 stars 3.4 stars 4.8 stars 3.4 stars

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Verdict

Fusion Markets is a great forex broker with very low fees. 

It offers low trading and non-trading fees. Account opening is fast and easy, and customer service provides quick and relevant answers.

On the negative side, Fusion Markets has limited educational tools. The product offering covers only forex and some CFDs. Lastly, there is no investor protection provided.

As you can open an account within a day and fees are low, feel free to try Fusion Markets.

Fusion Markets
Summary Fusion Markets is an Australia-based discount forex broker, regulated by the ASIC and VFSC.
Fees score 4.8 stars
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

Tickmill Logo

#3 Best international online brokers for citizens in the Central African Republic
Tickmill

4.5

Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA) in the United Kingdom.

Tickmill is considered safe because it is regulated by the top-tier FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 looking for low fees and prefer metatrader 4 platform

Pros Cons
Low forex fees Only forex and CFDs
Fast and easy account opening Trading platforms with outdated design
Free deposit and withdrawal Basic news feeds

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75% of retail CFD accounts lose money

#3 Tickmill
Fees
4.5

Tickmill has low forex, but average CFD fees. There is no fee for deposit, withdrawal, or inactivity.
Pros Cons
Low forex fees Average CFD fees
No withdrawal fee
No inactivity fee
Tickmill fees
XTB Fusion Markets Tickmill NinjaTrader IC Markets
US stock $10.0 - - - -
UK stock $12.0 - - - -
EURUSD benchmark fee $8.5 $5.2 $6.7 - $7.0
AUDUSD benchmark fee $6.7 $5.4 $4.8 - $6.1
GBPUSD benchmark fee $6.1 $4.3 $4.7 - $5.4
S&P 500 index CFD fee $1.5 $0.0 $1.5 - $1.7
Europe 50 index CFD fee $1.8 $1.5 $1.5 - $1.7

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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75% of retail CFD accounts lose money

#3 Tickmill
Account opening
5.0

Tickmill has a fast and easy account opening process. Our account was verified within one business day. The minimum deposit is low, $100 for all account types, except VIP accounts.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Tickmill minimum deposit and time to open an account
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Minimum deposit $0 $0 $100 $400 $200
Time to open account 1 day 1 day 1 day >3 days 1 day

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75% of retail CFD accounts lose money

#3 Tickmill
Deposit and withdrawal
4.5

Deposit and withdrawal are fast and free of charge. There is a wide range of options including bank transfer, credit/debit cards, or electronic wallets. On the other hand, the number of available account base currencies is low.
Pros Cons
Free withdrawal Few account base currencies
No deposit fee
Tickmill withdrawal fees and options
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes No Yes
Electronic wallets No No Yes No Yes
Withdrawal fee $0 $0 $0 $40 $0

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75% of retail CFD accounts lose money

#3 Tickmill
Markets and products
1.4

At Tickmill, you can trade only CFDs on forex, stock indices, commodities, and German government bonds. Popular asset classes, such as stocks, ETFs, mutual funds, bonds and options are missing.
Tickmill markets and products
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Stock Yes No No No No
ETF Yes No No No No
Forex Yes Yes Yes No Yes
Fund No No No No No
Bond No No No No No
Options No No No Yes No
Futures No No No Yes No
CFD Yes Yes Yes No Yes
Crypto Yes Yes No Yes Yes

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75% of retail CFD accounts lose money

#3 Tickmill
Web trading platform
2.8

Tickmill's web trading platform is provided by MetaTrader. It is highly customizable and has a clear fee report. On the other hand, the platform lacks price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Best international online brokers for citizens in the Central African Republic - Tickmill trading platform
Tickmill trading platforms
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
Desktop platform score 4.4 stars 3.4 stars 3.4 stars 4.8 stars 3.4 stars

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75% of retail CFD accounts lose money

#3 Tickmill
Verdict

Tickmill is a low-cost forex and CFD broker, regulated by several authorities globally, including the top-tier FCA.

On the plus side, we liked the low forex fees. Account opening is seamless and there are a lot of free deposit/withdrawal options.

Tickmill has some drawbacks though. Its product range is limited to forex, CFDs on some stock indexes and commodities. The trading platforms have outdated design and the news feed is basic.

We recommend Tickmill for those who are interested in CFD and forex trading and like MetaTrader trading platforms. Feel free to test it via the demo account.

Tickmill
Summary Tickmill is a low-cost forex and CFD broker. It is regulated by different financial authorities, including the top-tier FCA.
Fees score 4.5 stars
Recommended for Forex traders looking for low fees and prefer MetaTrader 4 platform

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75% of retail CFD accounts lose money

NinjaTrader Logo

#4 Best international online brokers for citizens in the Central African Republic
NinjaTrader

4.4

NinjaTrader is a US-based software company that provides a great trading platform with advanced research tools. The company was founded in 2003.

Besides providing the software, NinjaTrader is a registered NFA (National Futures Association) company and an introducing broker of brokers like Phillip Capital and Dorman Trading. The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader.

In our review, we tested NinjaTrader's platform and brokerage services through an account opened with Phillip Capital. Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission (CFTC) and the UK's Financial Conduct Authority (FCA).

You can also connect the following brokerage accounts to NinjaTrader platforms: Interactive Brokers, TD Ameritrade, Oanda, Forex.com, FXCM and City Index. The advantage of connecting these accounts is that you can trade other popular asset classes, like stocks, on NinjaTrader's great platform.

Recommended for active traders focusing on futures

Pros Cons
Low trading fees High withdrawal fee
Great platform and research No mobile app and desktop is only on Windows
Quality educational materials Only futures and options on futures

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#4 NinjaTrader
Fees
4.2

NinjaTrader has low trading fees for futures and options on futures. The fee structure is transparent. On the negative side, there is a high withdrawal fee.
Pros Cons
Low trading fees High withdrawal fee
Transparent fee structure
NinjaTrader fees
XTB Fusion Markets Tickmill NinjaTrader IC Markets
US stock $10.0 - - - -
UK stock $12.0 - - - -
EURUSD benchmark fee $8.5 $5.2 $6.7 - $7.0
AUDUSD benchmark fee $6.7 $5.4 $4.8 - $6.1
GBPUSD benchmark fee $6.1 $4.3 $4.7 - $5.4
S&P 500 index CFD fee $1.5 $0.0 $1.5 - $1.7
Europe 50 index CFD fee $1.8 $1.5 $1.5 - $1.7

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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#4 NinjaTrader
Account opening
3.8

NinjaTrader's account opening is fully digital and the minimum deposit is low, at $400. On the other hand, account verification can take a long time, as much as 4-5 business days, and the account opening process is a bit complicated.
Pros Cons
Fully digital Slow
Low minimum deposit
NinjaTrader minimum deposit and time to open an account
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Minimum deposit $0 $0 $100 $400 $200
Time to open account 1 day 1 day 1 day >3 days 1 day

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#4 NinjaTrader
Deposit and withdrawal
1.6

NinjaTrader's deposit and withdrawal services could be better. You can use only bank transfer and check, and there is a high fee for bank withdrawals. As a plus, there is no deposit fee and withdrawals are quick.
Pros Cons
No deposit fee Credit/Debit card not available
Quick withdrawal, less than 1 business day High withdrawal fee
NinjaTrader withdrawal fees and options
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes No Yes
Electronic wallets No No Yes No Yes
Withdrawal fee $0 $0 $0 $40 $0

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#4 NinjaTrader
Markets and products
1.8

At NinjaTrader Brokerage you can trade only futures and options on futures. To trade popular asset classes like stocks or spot forex, you have to connect your existing brokerage account to NinjaTrader.
NinjaTrader markets and products
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Stock Yes No No No No
ETF Yes No No No No
Forex Yes Yes Yes No Yes
Fund No No No No No
Bond No No No No No
Options No No No Yes No
Futures No No No Yes No
CFD Yes Yes Yes No Yes
Crypto Yes Yes No Yes Yes

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#4 NinjaTrader
Web trading platform

At the time of the review, NinjaTrader provided only a desktop platform. The only way to use a web trading platform along with NinjaTrader's desktop trading platform is if you connect an external brokerage account, with a broker like Interactive Brokers or Oanda.
NinjaTrader trading platforms
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
Desktop platform score 4.4 stars 3.4 stars 3.4 stars 4.8 stars 3.4 stars

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#4 NinjaTrader
Verdict

NinjaTrader is a great platform for futures trading.

On the plus side, we liked the low commissions. Its advanced platform is great for experienced traders, especially for futures traders. The educational material provided by Ninja is well structured and they have an active user forum as well.

NinjaTrader Brokerage has some drawbacks though. The fees for withdrawal are high, at $30-40 per withdrawal. There is no mobile platform and the desktop platform is available only on Windows. Lastly, the product portfolio covers only futures and options on futures.

As there is no fee for the demo account and you can open it within a few minutes, feel free to try NinjaTrader.

NinjaTrader
Summary NinjaTrader is a US-based software company that has an excellent desktop application for advanced users, particularly futures traders. NinjaTrader is an NFA-registered company and an introducing broker of brokers like Phillip Capital and Dorman Trading.
Fees score 4.2 stars
Recommended for Active traders focusing on futures

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IC Markets Logo

#5 Best international online brokers for citizens in the Central African Republic
IC Markets

4.5

IC Markets is an Australia-based global forex broker that was founded in 2007. The company has several branches and is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Supervisory Authority (FSA) and the Australian Securities and Investments Commission (ASIC).

IC Markets is considered safe because it is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 who value easy account opening and free deposit/withdrawal options

Pros Cons
Low forex fees Limited product selection
Easy and fast account opening Slow live chat support
Free deposit and withdrawal No investor protection for non-EU clients

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73% of retail CFD accounts lose money

#5 IC Markets
Fees
4.5

IC Markets has low trading and non-trading fees. There is no inactivity or withdrawal fee. On the negative side, financing rates for CFDs are high.
Pros Cons
Low trading fees High financing rate for CFDs
Low non-trading fees
Low forex fees
IC Markets fees
XTB Fusion Markets Tickmill NinjaTrader IC Markets
US stock $10.0 - - - -
UK stock $12.0 - - - -
EURUSD benchmark fee $8.5 $5.2 $6.7 - $7.0
AUDUSD benchmark fee $6.7 $5.4 $4.8 - $6.1
GBPUSD benchmark fee $6.1 $4.3 $4.7 - $5.4
S&P 500 index CFD fee $1.5 $0.0 $1.5 - $1.7
Europe 50 index CFD fee $1.8 $1.5 $1.5 - $1.7

The above calculation includes all spreads, commissions and financing rates (if applicable) for opening a position, holding it for a week, and closing it.

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73% of retail CFD accounts lose money

#5 IC Markets
Account opening
5.0

The account opening process at IC Markets is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
IC Markets minimum deposit and time to open an account
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Minimum deposit $0 $0 $100 $400 $200
Time to open account 1 day 1 day 1 day >3 days 1 day

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73% of retail CFD accounts lose money

#5 IC Markets
Deposit and withdrawal
4.9

IC Markets's depositing and withdrawal services are great. Many options are available for moving your money in and out, and most of them are free of charge. On the negative side, international bank withdrawals have a high fee.
Pros Cons
Credit/Debit card available AUD 20 fee for international bank withdrawal
No deposit fee
Several account base currencies
IC Markets withdrawal fees and options
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card No Yes Yes No Yes
Electronic wallets No No Yes No Yes
Withdrawal fee $0 $0 $0 $40 $0

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73% of retail CFD accounts lose money

#5 IC Markets
Markets and products
1.8

At IC Markets, you can trade only with forex and CFDs. This means that many popular asset classes, like real stocks or ETFs, are not available.
IC Markets markets and products
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Stock Yes No No No No
ETF Yes No No No No
Forex Yes Yes Yes No Yes
Fund No No No No No
Bond No No No No No
Options No No No Yes No
Futures No No No Yes No
CFD Yes Yes Yes No Yes
Crypto Yes Yes No Yes Yes

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73% of retail CFD accounts lose money

#5 IC Markets
Web trading platform
2.8

The web trading platform of IC Markets is provided by MetaTrader. It is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Best international online brokers for citizens in the Central African Republic - IC Markets trading platform
IC Markets trading platforms
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
Desktop platform score 4.4 stars 3.4 stars 3.4 stars 4.8 stars 3.4 stars

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73% of retail CFD accounts lose money

#5 IC Markets
Verdict

IC Markets is a great forex broker. 

Its forex fees are low and account opening is fast and easy. Deposits and withdrawals are free and  the process is user-friendly. The education section of the website is also a plus.

On the other hand, IC Markets provides only forex and CFDs products for trading. In addition, live chat support could be better and non-EU clients are not covered by any investor protection scheme.

Feel free to try IC Markets, as you will have an account within a day and there is no inactivity fee.

IC Markets
Summary IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.
Fees score 4.5 stars
Recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options

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73% of retail CFD accounts lose money

Best international online brokers for citizens in the Central African Republic
What makes a good online broker

Now that you know the top 5, you are probably curious 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 characters in the movie 'Wolf of Wall Street'. They were constantly monitoring stock prices while holding the phone and shouting. The Internet changed all that. Nowadays, if you want to invest in Apple shares, you open an online account, deposit money, and set up an order on the brokers' online platform. These platforms are the online brokers. Online brokers help you buy and sell securities like stocks and ETFs. After creating your order, the online broker executes it immediately. It all takes place online.

Are these brokers safe?

We consider each broker on our list safe. You can be sure none of them is a scam. All the brokers featured on BrokerChooser are regulated by at least one authority.

However, brokerage companies can still go bust. Remember the collapse of Lehman Brothers? In such cases, it is important to know what happens with your securities and cash. Your funds are usually held in segregated accounts, so even if your broker goes bankrupt, your funds are safe.

If all goes wrong, 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 online brokers?

At BrokerChooser, we test online brokers based on more than ~300 criteria, with real accounts and real money. We don\'t want to overwhelm you, so we will list the five most important criteria.

5 most important criteria for the best online brokers in 2021
1. Fees The trading fees of a typical US equity trade can be 50 times higher at one online broker compared to another. It's definitely worth checking these fees.
2. Account opening Some online brokers require a minimum deposint to start investing while others don't ask for a fix first-time deposit. Check these reuirements at the best online brokers.
3. Deposit and withdrawal At some online brokers, funding and withdrawing funds can take 5 times longer and be much more expensive than at others.
5. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.
4. Markets and products You want to invest in Amazon or trade Bitcoin? They might not be available. Check the product lineup before opening an account.

Best international online brokers for citizens in the Central African Republic
Bottom line

These were the details, now let's zoom out. Here are the best international online brokers of 2021 for citizens in the Central African Republic:

Best international online brokers for citizens in the Central African Republic
XTB Fusion Markets Tickmill NinjaTrader IC Markets
Overall score 4.7 4.5 4.5 4.4 4.5
Best in Best CFD broker Best discount forex broker Best broker for futures
Fees score 3.9 stars 4.8 stars 4.5 stars 4.2 stars 4.5 stars
Account opening score 5.0 stars 5.0 stars 5.0 stars 3.8 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 4.4 stars 4.5 stars 1.6 stars 4.9 stars
Markets and products score 2.8 stars 1.8 stars 1.4 stars 1.8 stars 1.8 stars
Web platform score 4.4 stars 2.8 stars 2.8 stars - 2.8 stars
Mobile platform score 4.4 stars 3.8 stars 3.8 stars - 3.8 stars
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74-89% of retail CFD accounts lose money
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73% of retail CFD accounts lose money

XTB is our winner, the best international online broker in the Central African Republic for 2021. Low forex fees. Free and fast deposit and withdrawal. Easy and fast account opening.
All of these brokers are considered safe and 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 comments section.
Still unsure? For a tailored recommendation, check out our broker finder tool. If you enter the name of your country it will show only the relevant brokers. Want more details? Compare brokers with the help of our in-depth comparison table.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

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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Visit broker
79% of retail CFD accounts lose money
Visit broker
74-89% of retail CFD accounts lose money
Visit broker
75% of retail CFD accounts lose money
Visit broker
73% of retail CFD accounts lose money
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