Best online brokers in Kuwait

Interactive Brokers Logo
1st place
Interactive Brokers
eToro Logo
2nd place
eToro
Visit broker
Your capital is at risk
XTB Logo
3rd place
XTB
Visit broker
76% of retail CFD accounts lose money

To help you to find the online brokers in Kuwait in 2023, we went ahead and did the research for you. We collected all data you need to know about account opening, trading performance and fees of the best investment providers in Kuwait.

Best online brokers in Kuwait in 2023
Best online brokers in Kuwait

Top 5 Online Brokers & Trading Platforms in Kuwait in 2023:

  1. Interactive Brokers is the best online broker and trading platform in 2023. Low trading fees. Wide range of products. Many great research tools.
  2. eToro takes second place. Free stock and ETF trading. Seamless account opening. Social trading.
  3. XTB rounds out the top three. Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  4. Saxo Bank is numero quattro. Great trading platform. Outstanding research. Broad product portfolio.
  5. TradeStation Global just made it to the list at number five. Low stock and ETF fees. Wide range of products. Fast customer service.
Brokers and trading accounts available in Kuwait
Broker Score Fee score Minimum deposit
#1 Interactive Brokers 4.9 stars 4.5 stars $0
#2 eToro 4.8 stars 4.3 stars $10
#3 XTB 4.8 stars 4.3 stars $0
#4 Saxo Bank 4.8 stars 3.0 stars $2,000
#5 TradeStation Global 4.8 stars 4.0 stars $0

Ideally, after reading our research you should feel more secure about opening a trading account that fits you best.

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Best online brokers in Kuwait in 2023
How to invest in stocks from Kuwait

1. Find an online broker

First, you need to make sure that the broker you're looking at is available in Kuwait.

Would you like to speed up your search?

Our broker finder tool will help you narrow down your choices, showing only those brokers that are available in your country and are suitable for your investment goals and habits. And if you want a detailed, side-by-side comparison of these alternatives, check out our broker comparison table.

2. Open your account

Opening an account at an online broker is usually easy and straightforward, and takes place fully online. Most of the time, you just need to provide your name, address and other basic information, and maybe answer some questions about your wealth/income status, financial knowledge or trading experience.

Make sure you have your documents at hand, as

  • copies of a photo ID
  • some recent bank statements
  • or utility bills

are usually required to verify your identity and residency.

3. Fund your account

So your trading account has been verified; the next step is to fund it – in other words, to deposit money that you will then use for investing. Some brokers require a minimum deposit when you open your account, but most brokers do not have such a requirement, allowing you to take your time before committing any funds.

All brokers will allow you to deposit or withdraw funds via bank transfer; an easy, usually free, though not always super-fast method. Withdrawing money to your bank account can take as long as three days.

Many brokers also let you deposit (though not withdraw) funds using credit or debit cards. A few will also accept so-called electronic wallets such as PayPal, Apple Pay, Skrill or Neteller. The biggest benefit of cards and e-wallets is that transactions take place instantly, allowing you to start investing – or reap the proceeds of a successful stock sale – right away.

4. Invest

You may already know which product you want to invest in; if not, it's worth checking out the research section of your broker, which often includes trading ideas and recommendations by in-house experts or third-party analysts.

Once you have settled on a stock, it's easy – just

  • select it from the broker's search menu
  • enter the amount
  • invest

Most trading platforms will offer several order types - such as a "Market" order to invest at the current price, or a "Limit" order to invest later at a specific price. To learn more about various order types, read this article.

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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