Best international online brokers for citizens in Vanuatu

Interactive Brokers
4.9
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Oanda
4.6
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73.5% of retail CFD accounts lose money
IG
4.5
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68% of retail CFD accounts lose money
Best international online brokers for citizens in Vanuatu

To find the best international online brokers in Vanuatu, we went ahead and did the research for you. After testing, analyzing and comparing 57 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 Vanuatu:

  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. Oanda is your runner-up. Generally low fees. Easy-to-use web trading platform. Easy and digital account opening.
  3. IG rounds out the top three. First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
  4. Pepperstone, numero quatro. Low forex and equity index CFD fees. Great customer service. Seamless and free deposit and withdrawal.
  5. IC Markets. Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Just made it to the list at number five.
Best international online brokers of 2020 for citizens in Vanuatu
Broker Info Score Best in
#1 Interactive Brokers US discount broker 4.9 Best online broker
#2 Oanda US forex broker 4.6 Best mobile trading platform
#3 IG Global CFD and forex broker 4.5
#4 Pepperstone Australian forex broker 4.4
#5 IC Markets Australian forex broker 4.4

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 Vanuatu one by one, starting with the winner, Interactive Brokers.

Interactive Brokers Logo

#1 Best international online brokers for citizens in Vanuatu
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 Funding and withdrawal only via bank transfer

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#1 Interactive Brokers
Fees
4.0

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 Oanda IG Pepperstone IC Markets
US stock $1.0 - $15.0 - -
UK stock $7.2 - $9.6 - -
EURUSD benchmark fee $17.9 $15.9 $16.9 $14.9 $15.8

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
3.0

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 Oanda IG Pepperstone IC Markets
Minimum deposit $0 $0 $0 $0 $200
Time to open account 1-3 days 1-3 days 1-3 days 1 day 1 day

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#1 Interactive Brokers
Deposit and withdrawal
3.0

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 Oanda IG Pepperstone IC Markets
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No Yes Yes Yes Yes
Electronic wallets No Yes No Yes Yes
Withdrawal fee $0 $0 $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 Oanda IG Pepperstone IC Markets
Stock Yes No Yes No No
ETF Yes No Yes No No
Forex Yes Yes Yes Yes Yes
Fund Yes No No No No
Bond Yes No No No No
Options Yes No Yes No No
Futures Yes No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

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#1 Interactive Brokers
Web trading platform
4.0

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 Vanuatu - Interactive Brokers trading platform
Interactive Brokers trading platforms
Interactive Brokers Oanda IG Pepperstone IC Markets
Web platform score 4.0 5.0 5.0 3.0 3.0
Mobile platform score 4.0 5.0 5.0 4.0 4.0
Desktop platform score 3.0 4.0 - 3.0 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: you can only fund your account via wire transfer 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 4.0
Recommended for Traders looking for low fees and a professional trading environment

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Oanda Logo

#2 Best international online brokers for citizens in Vanuatu
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

#2 Oanda
Fees
4.0

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 Oanda IG Pepperstone IC Markets
US stock $1.0 - $15.0 - -
UK stock $7.2 - $9.6 - -
EURUSD benchmark fee $17.9 $15.9 $16.9 $14.9 $15.8

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

#2 Oanda
Account opening
4.0

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 Oanda IG Pepperstone IC Markets
Minimum deposit $0 $0 $0 $0 $200
Time to open account 1-3 days 1-3 days 1-3 days 1 day 1 day

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73.5% of retail CFD accounts lose money

#2 Oanda
Deposit and withdrawal
4.0

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 Oanda IG Pepperstone IC Markets
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No Yes Yes Yes Yes
Electronic wallets No Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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73.5% of retail CFD accounts lose money

#2 Oanda
Markets and products
2.0

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 Oanda IG Pepperstone IC Markets
Stock Yes No Yes No No
ETF Yes No Yes No No
Forex Yes Yes Yes Yes Yes
Fund Yes No No No No
Bond Yes No No No No
Options Yes No Yes No No
Futures Yes No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

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73.5% of retail CFD accounts lose money

#2 Oanda
Web trading platform
5.0

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 Vanuatu - Oanda trading platform
Oanda trading platforms
Interactive Brokers Oanda IG Pepperstone IC Markets
Web platform score 4.0 5.0 5.0 3.0 3.0
Mobile platform score 4.0 5.0 5.0 4.0 4.0
Desktop platform score 3.0 4.0 - 3.0 3.0

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73.5% of retail CFD accounts lose money

#2 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 4.0
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

IG Logo

#3 Best international online brokers for citizens in Vanuatu
IG

4.5

IG was established in the UK in 1974 and is one of the biggest CFD brokers in the world. It is regulated by several bodies globally, including top-tier regulators like the Financial Conduct Authority (FCA) and the Federal Financial Supervisory Authority (BaFin). IG Group is listed on the London Stock Exchange.

IG is considered safe because it is listed on a stock exchange, discloses its financials and is overseen by top-tier regulators.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.

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

Pros Cons
First-class web trading platform High stock CFD fees
Superb educational tools Limited product portfolio
Great deposit and withdrawal options Poor phone support

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68% of retail CFD accounts lose money

#3 IG
Fees
3.0

IG has low fees for stock index CFD, while forex fees are average to low. There is no fee for withdrawal and the inactivity fee is charged only after 2 years. On the negative side, the stock CFD fees are high.
Pros Cons
No withdrawal fee Inactivity fee
Low index CFD trading fees High stock CFD fee
IG fees
Interactive Brokers Oanda IG Pepperstone IC Markets
US stock $1.0 - $15.0 - -
UK stock $7.2 - $9.6 - -
EURUSD benchmark fee $17.9 $15.9 $16.9 $14.9 $15.8

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

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68% of retail CFD accounts lose money

#3 IG
Account opening
4.0

IG's account opening is seamless and fully digital. There is no minimum deposit for bank transfers and a low, $300 minimum deposit for credit/debit cards and PayPal. On the other hand, account verification takes around 3 business days, which is slower than at some other brokers.
Pros Cons
Fully digital Slower account opening
Low minimum deposit
No minimum deposit for bank transfer
IG minimum deposit and time to open an account
Interactive Brokers Oanda IG Pepperstone IC Markets
Minimum deposit $0 $0 $0 $0 $200
Time to open account 1-3 days 1-3 days 1-3 days 1 day 1 day

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68% of retail CFD accounts lose money

#3 IG
Deposit and withdrawal
5.0

IG offers free and fast deposit and withdrawal. There are various options for funding your account, including traditional methods such as bank wire and credit card funding, as well as PayPal.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
IG withdrawal fee and options
Interactive Brokers Oanda IG Pepperstone IC Markets
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No Yes Yes Yes Yes
Electronic wallets No Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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68% of retail CFD accounts lose money

#3 IG
Markets and products
3.0

At IG, most clients can only trade with CFDs, forex and options. There are literally thousands of CFDs available to trade. Residents in the UK and some other countries can also trade with real shares. Other popular assets, like mutual funds or bonds, are not available.
IG markets and products
Interactive Brokers Oanda IG Pepperstone IC Markets
Stock Yes No Yes No No
ETF Yes No Yes No No
Forex Yes Yes Yes Yes Yes
Fund Yes No No No No
Bond Yes No No No No
Options Yes No Yes No No
Futures Yes No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

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68% of retail CFD accounts lose money

#3 IG
Web trading platform
5.0

IG's web trading platform is great for both beginners and professional traders. It is easy to use, has all the necessary functions and can be customized.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Best international online brokers for citizens in Vanuatu - IG trading platform
IG trading platforms
Interactive Brokers Oanda IG Pepperstone IC Markets
Web platform score 4.0 5.0 5.0 3.0 3.0
Mobile platform score 4.0 5.0 5.0 4.0 4.0
Desktop platform score 3.0 4.0 - 3.0 3.0

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68% of retail CFD accounts lose money

#3 IG
Verdict

IG is one of the biggest and most reliable CFD brokers. It is regulated by several financial authorities around the world. IG Group is listed on the London Stock Exchange.

IG has one of the best web trading platforms Brokerchooser tested. The deposit and withdrawal conditions are great. You can also educate yourself with great educational materials.

On the other hand, there are some drawbacks. The stock CFD fees are high and the product portfolio in most countries is limited to forex, CFDs, and options. The phone customer service has also low quality.

Feel free to test IG's first-class trading platform since there is no minimum funding amount for bank transfers and you can easily open a demo account too. 

IG
Summary IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Fees score 3.0
Recommended for Traders of any experience level looking for an easy-to-use trading platform

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68% of retail CFD accounts lose money

Pepperstone Logo

#4 Best international online brokers for citizens in Vanuatu
Pepperstone

4.4

Pepperstone is an Australian forex broker that also offers some CFDs. It was established in 2010 and opened a London office in 2015 to be able to better serve its European clients.

Pepperstone is considered safe since it's regulated by two top-tier financial authorities, the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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 good customer service

Pros Cons
Low forex and equity index CFD fees Only forex, CFDs, and crypto
Great customer service Basic news flow, no fundamental data
Seamless and free deposit and withdrawal No investor protection for non-EU clients

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Fees
4.0

Pepperstone has low forex and equity index fees. Non-trading fees are low as well, as no inactivity or account fee is charged. On the negative side, CFD financing rates, i.e. fees for holding CFD positions overnight, are high.
Pros Cons
Low trading fees High financing rate for CFDs
Low non-trading fees
Low forex fees
Pepperstone fees
Interactive Brokers Oanda IG Pepperstone IC Markets
US stock $1.0 - $15.0 - -
UK stock $7.2 - $9.6 - -
EURUSD benchmark fee $17.9 $15.9 $16.9 $14.9 $15.8

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

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Account opening
5.0

Pepperstone's account opening is great. It is fully digital, user-friendly, and requires no minimum deposit for the Standard account.
Pros Cons
Fast None
Fully digital
No minimum deposit
Pepperstone minimum deposit and time to open an account
Interactive Brokers Oanda IG Pepperstone IC Markets
Minimum deposit $0 $0 $0 $0 $200
Time to open account 1-3 days 1-3 days 1-3 days 1 day 1 day

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Deposit and withdrawal
5.0

Pepperstone provides plenty of options for deposit and withdrawal, as well as a wide selection of account base currencies. However, there is a high, $20 fee for bank withdrawals for clients outside the EU and Australia.
Pros Cons
Credit/Debit card available High bank withdrawal fee for clients outside the EU/Australia
No deposit fee
Several account base currencies
Pepperstone withdrawal fee and options
Interactive Brokers Oanda IG Pepperstone IC Markets
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No Yes Yes Yes Yes
Electronic wallets No Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Markets and products
2.0

At Pepperstone you can only trade with forex, some CFDs, and cryptos.
Pepperstone markets and products
Interactive Brokers Oanda IG Pepperstone IC Markets
Stock Yes No Yes No No
ETF Yes No Yes No No
Forex Yes Yes Yes Yes Yes
Fund Yes No No No No
Bond Yes No No No No
Options Yes No Yes No No
Futures Yes No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Web trading platform
3.0

Pepperstone's web trading platform is provided by MetaTrader. It is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks two-step login and price alerts, and its design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation
Best international online brokers for citizens in Vanuatu - Pepperstone trading platform
Pepperstone trading platforms
Interactive Brokers Oanda IG Pepperstone IC Markets
Web platform score 4.0 5.0 5.0 3.0 3.0
Mobile platform score 4.0 5.0 5.0 4.0 4.0
Desktop platform score 3.0 4.0 - 3.0 3.0

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73.6% of retail CFD accounts lose money

#4 Pepperstone
Verdict

Pepperstone is a great forex broker, regulated by the top-tier FCA and ASIC.

Forex and equity index fees are low. Customer service is great, giving you relevant answers within a short time. Deposit and withdrawal are a breeze, with no fees charged.

On the other hand, Pepperstone provides only forex, CFDs and cryptos to trade with. There are no fundamental research tools, and the quality of news feeds is poor. Lastly, there is no investor protection for non-EU clients.

Feel free to try Pepperstone since there is no inactivity fee or minimum deposit for standard accounts.

Pepperstone
Summary Pepperstone is a forex and CFD broker regulated by both the UK FCA and the ASIC in Australia.
Fees score 4.0
Recommended for Forex traders looking for low fees and good customer service

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73.6% of retail CFD accounts lose money

IC Markets Logo

#5 Best international online brokers for citizens in Vanuatu
IC Markets

4.4

IC Markets is an Australian forex broker that was founded in 2007. The company is considered safe because it is regulated by the top-tier Australian Securities and Investments Commission (ASIC).

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 who value easy account opening and free deposit/withdrawal options

Pros Cons
Low forex fees No investor protection
Easy and fast account opening No negative balance protection
Free deposit and withdrawal Only forex, CFD and crypto trading

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74-89% of retail CFD accounts lose money

#5 IC Markets
Fees
4.0

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
Interactive Brokers Oanda IG Pepperstone IC Markets
US stock $1.0 - $15.0 - -
UK stock $7.2 - $9.6 - -
EURUSD benchmark fee $17.9 $15.9 $16.9 $14.9 $15.8

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

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74-89% 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
Interactive Brokers Oanda IG Pepperstone IC Markets
Minimum deposit $0 $0 $0 $0 $200
Time to open account 1-3 days 1-3 days 1-3 days 1 day 1 day

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74-89% of retail CFD accounts lose money

#5 IC Markets
Deposit and withdrawal
5.0

IC Markets's depositing and withdrawal services are great. There are no fees for either and many options are available for moving your money in and out.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
IC Markets withdrawal fee and options
Interactive Brokers Oanda IG Pepperstone IC Markets
Bank Transfer Yes Yes Yes Yes Yes
Credit/Debit card No Yes Yes Yes Yes
Electronic wallets No Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

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74-89% of retail CFD accounts lose money

#5 IC Markets
Markets and products
2.0

At IC Markets, you can trade only with forex, some CFDs, and crypto products, no other assets are available.
IC Markets markets and products
Interactive Brokers Oanda IG Pepperstone IC Markets
Stock Yes No Yes No No
ETF Yes No Yes No No
Forex Yes Yes Yes Yes Yes
Fund Yes No No No No
Bond Yes No No No No
Options Yes No Yes No No
Futures Yes No No No No
CFD Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

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74-89% of retail CFD accounts lose money

#5 IC Markets
Web trading platform
3.0

The web trading platform of IC Markets is provided by MetaTrader. It is highly customizable, available in a lot of 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 Vanuatu - IC Markets trading platform
IC Markets trading platforms
Interactive Brokers Oanda IG Pepperstone IC Markets
Web platform score 4.0 5.0 5.0 3.0 3.0
Mobile platform score 4.0 5.0 5.0 4.0 4.0
Desktop platform score 3.0 4.0 - 3.0 3.0

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74-89% of retail CFD accounts lose money

#5 IC Markets
Verdict

IC Markets is a great forex and CFD broker. 

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

On the other hand, IC Markets offers only forex, CFD and crypto trading. It also does not provide any investor or negative balance protection.

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.
Fees score 4.0
Recommended for Forex traders who value easy account opening and free deposit/withdrawal options

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74-89% of retail CFD accounts lose money

Best international online brokers for citizens in Vanuatu
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 Vanuatu?

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 Vanuatu
Bottom line

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

Best international online brokers for citizens in Vanuatu
Interactive Brokers Oanda IG Pepperstone IC Markets
Overall score 4.9 4.6 4.5 4.4 4.4
Best in Best online broker Best mobile trading platform
Fees score 4.0 4.0 3.0 4.0 4.0
Account opening score 3.0 4.0 4.0 5.0 5.0
Deposit and withdrawal score 3.0 4.0 5.0 5.0 5.0
Markets and products score 5.0 2.0 3.0 2.0 2.0
Web platform score 4.0 5.0 5.0 3.0 3.0
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73.5% of retail CFD accounts lose money
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68% of retail CFD accounts lose money
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73.6% of retail CFD accounts lose money
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74-89% of retail CFD accounts lose money

Interactive Brokers is our winner, the best international online broker in Vanuatu 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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Visit Oanda
73.5% of retail CFD accounts lose money
Visit IG
68% of retail CFD accounts lose money
Visit Pepperstone
73.6% of retail CFD accounts lose money
Visit IC Markets
74-89% of retail CFD accounts lose money
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