info@comparebrokers.org +44 207 994 644

2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Azerbaijan

Best Azerbaijan brokers
Best Azerbaijan Online Trading Platforms 2022

This guide to the best online brokers in Azerbaijan has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent information about finding the top online broker in Azerbaijan.

If you are a new entrant into the realm of trading and brokerage, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll acquire adept skills at all the concepts of brokerage as you continue trading. For starters, you have to choose the perfect broker in Azerbaijan who'll be clear with you always.

In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program is key to your success.

We currently have 17 Trading Patforms in our database that we believe are the Top Online Brokers in Azerbaijan

Who’s The Reputable Azerbaijan Online Brokers?

This review has been designed to help you find an experienced Azerbaijan broker. When looking for a good, reliable broker in Azerbaijan it can be a little confusing.  Below we show what your trading options are in Azerbaijan and what Azerbaijan brokers can offer you.

A free trial of at least 3 days is the best way to understand the capabilities and reliability of any Azerbaijan online trading platform. Before making any final decisions, you want to be able test the broker's platform and software in real-time but with minimal risk. This allows you to test the software and see how easy it is. A high-quality broker in Azerbaijan should make it as simple as possible for you. They shouldn't have to do a lot research nor set up multiple accounts before they let you start trialling their tools.

We currently have 17 Online Brokers from our research that we believe are the Best Online Brokers in Azerbaijan

IronFXIKON FinanceForexMartmorrison securities pty limitedSpreadCorietumu tradingtradershomeDirectsharesm1 financeBlitzbrokerstrio marketsBailieuFirst TradeEvolution BrokersBlackbull MarketstradeoBitfinex
Find Out More
Rating4.48/56.43/56.86/53.20/54.43/57.10/54.50/55.98/54.25/54.36/54.60/55.63/55.86/55.71/55.43/56.35/55.71/5
Minimum Deposit$500$200$1$250$100$250$250$100$250$1$250$10000$5$300$200$250$100
Year Founded20102011201520142005201120132007201819822015201220082008201420112015
HeadquartersCyprusLondonCyprusMaltaLondonCyprusRussiaAustraliaAustraliaHong KongAustraliaAustraliaUSABelizeNew ZealandRussiaNew Zealand
Regulated ByFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F281Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F302Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F328The Portuguese Securities Market Commission (CMVM)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F273Securities and Futures Commission (SFC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F330Australian Securities and Investment Commission (ASIC)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Cyprus Securities and Exchange Commission (CySEC)Financial Services Providers Register (FSPR), FSPR number: FSP403326Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F326Financial Services Provider (FSP)
Clients10,000+10,000+10,000+12,000,000+10,000+12,000,000+1,000,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+250,000+10,000+
Risk WarningYour capital is at riskLosses can exceed depositsCFDs may not be appropriate for all individuals. You should not risk more than you are prepared to loseYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesNoNoYesYesYesNoNoYesNoNoYesNoYesYesYesYesYes
Inactivity FeesNoYesNoYesNoNoNoNoNoNoNoNoNoYesNoNoNo
Deposit Fees50020012501002502501002501250100005300200250100
CFD FeesYesNoYesNoYesNoNoNoYesNoYesNoNoNoYesYesNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoNoYesNoYesYesNoYesNoYesNoNoNoNoYesNo
Accepts SkrillNoNoYesYesNoYesYesNoYesNoYesNoNoNoYesYesNo
Accepts PayoneerYesYesNoYesYesYesYesYesYesYesYesYesYesYesNoYesYes
Accepts NetellerNoNoYesYesNoYesYesNoYesNoYesNoNoNoYesYesNo

Online Share Trading In Azerbaijan

Trading stocks and shares in Azerbaijan is highly regulated and considered quite safe. But, conscious that any investment may go down as well as up, so your capital is at risk.

If you're just starting out using online trading then it's advised to have a demo account with a controlled agent so that you can find out the strategies without the danger of losing cash.

Live Forex Trading In Azerbaijan

Forex is the biggest liquid financial market in the world using a daily financial market turnover of more than $5 trillion (BIS statistics April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange involving two distinct countries and the next management of the consequent position where one currency gains and the other loses.

It is possible to do Live Forex Trading in Azerbaijan using seasoned online agents

Live CFD Trading In Azerbaijan

CFD trading is the buying and selling of contracts for difference via an online agent in Azerbaijan. When trading CFDs you are agreeing to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Azerbaijan

Spread Betting in Azerbaijan is possible using professional online trading platforms like XTM or IC Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Azerbaijan brokers will display the prices you have.

If you are looking at how to do spread betting in Azerbaijan then it is an idea to start with a demo account with either XTM or IC Markets so that you can practice with virtual currency before risking your own capital.

Trading Forex in Azerbaijan

Globally, Azerbaijan is considered safe to do online trading and has access to other global financial centers. In Azerbaijan, online brokers are highly regulated, professional and supportive. 

However, it is always important to be as informed as possible so below are some of the most important things a trader should know:

The financial markets in Azerbaijan are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Azerbaijan.

The online trading solutions used by brokers in Azerbaijan are extensively tested and highly rated & secure.

Whichever Online Trading Brokers in Azerbaijan you decide to use, make sure they have all of the below:

  • User friendly platform
  • Access to a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Able to perform social trading
  • Fast online help or support

Challenges Of Trading in Azerbaijan

The US Dollar is considered the base currency around the world so even a tiny change in the US economic markets may affect the financial markets in Azerbaijan. The EU is also a large market and changes there may affect the economic markets in Azerbaijan.

Like every country there are challenges in Azerbaijan economic markets but overall the outlook is positive. However, like in all global economic markets we recommend that any Online Trading Brokers in Azerbaijan you decide to use, make sure you do your due diligence first before risking your money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Azerbaijan.  We hope that by using this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Azerbaijan

Is Forex Trading Legal In Azerbaijan?

There is a growing misconception that trading Forex in Azerbaijan is deemed unsafe. This is not the case, Forex trading in Azerbaijan is quite active, regulated and safe.

Trading in Forex is allowed in Azerbaijan as for any business to trade globally, foreign currency has to be exchanged. Any time you buy something and it's shipped from abroad, there will be numerous currency exchanges by multiple companies to get that item to you.

The main issue is that if trading Forex in Azerbaijan you pick one of the best online agents.

Do Forex Traders Pay Tax In Azerbaijan?

Once a trader is successful and their gains reach a particular level then they may be taxed in Azerbaijan according to the typical taxation rules.

Tax returns must always be registered even if there is a loss. You should seek advice with a documented accountant in Azerbaijan to ensure you are abiding by all present regional laws as it is very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Azerbaijan?

Cryptocurrency markets in Azerbaijan are rather new. As Cryptocurrencies operate on decentralised resources in Azerbaijan things like interest rate changes and political instability don't affect them as much as the money markets.

Cryptocurrencies are more popular with the centuries and with growing income levels and technology adoption, trading cryptocurrency in Azerbaijan is rising day by day. It's still modest in comparison to the Forex markets but around $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Azerbaijan?

Commodities trading in Azerbaijan involves trading in matters like precious metals, energies and agricultural commodities.

Some products such as agricultural are seeing exponential growth inAzerbaijan.

Fast growing markets like India have a big need for many basic raw materials for their population. It follows that countries like Azerbaijan can take advantage of the situation.