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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Guatemala

Best Guatemala trading platforms
The Best Guatemala Brokers 2021

This guide to the best online brokers in Guatemala has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This review contains the most recent details about finding the most professional broker in Guatemala.

If you are a new entrant into the world of trading and broker, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You'll get adept skills at all the concepts of brokerage since you keep trading. For starters, you have to select the top agent in Guatemala who will be transparent with you constantly.

In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program is key to your success.

We currently have 17 Trading Patforms in our database that we think are the Reputable Brokers in Guatemala

Who’s The Reputable Guatemala Trading Patforms?

This review has been written to help you find a reputable Guatemala broker. When looking for an experienced, reliable broker in Guatemala it can be very confusing.  Below we detail what your trading options are in Guatemala and what Guatemala online trading platforms can do for you.

We currently have 17 Brokers from our research that we think are the Top Online Brokers in Guatemala

eToroSharekhanBlackbull MarketsSaxo MarketsTraders TrustCoinbaseAdmiral MarketsAfluenta Peru SacFidelityWilsons Advisory And StockbrokingETX CapitalFXNetIronFXBell DirectWeBullWIT InvestEuro Pacific Bank
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Rating4/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/5
Minimum Deposit$200$0$200$6500$100$100$200$0$100$100$100$50$500$100$50$100$100
Year Founded20062000201420121998198920012013200820082002201220101983201720081978
HeadquartersCyprus, UKIndiaNew ZealandDenmarkCyprusUnited StatesUKPeruUSAAustraliaUKCyprusCyprusNew ZealandUSASaint Vincent and the GrenadinesPuerto Rico
Regulated ByFinancial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial Services Providers Register (FSPR), FSPR number: FSP403326Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f?r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ? e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)UnregulatedFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)Financial Markets Authority (FMA)Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)UnregulatedOffice of the Commissioner of Financial Institutions (OCIF)
Clients12,000,000+1,500,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+5,000+10,000+10,000+
Risk Warning75% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour 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 risk
Withdrawal FeesYesNovariableNo0.5%- 2.5%variableNovariablevariablevariableNoYesvariablevariablevariablevariablevariable
Inactivity FeesYesNoNoNoYEsNoYesNoNoNo
Deposit Fees2000200650010010020001001001005050010050100100
CFD FeesNoNoYes$50/ lotYesYesYesNoNo
Accepts Credit CardsYesNoYesYesYes
Accepts PayPalYesNoNoNoNo
Accepts SkrillYesNoYesYesNo
Accepts PayoneerYesNoNoYesNo
Accepts NetellerYesNoYesYesYes

Online Share Trading In Guatemala

Trading investments in Guatemala is highly regulated and considered quite secure. But, conscious that any investment may go down as well as up, so your capital is in danger.

If you're just starting out with online trading then it's suggested to get a demo account first with a controlled broker so that you are able to learn the strategies without the risk of losing money.

Live Forex Trading In Guatemala

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

Forex (short for Foreign Exchange) is a money exchange between two different countries and the next management of the resulting position in which one currency gains and the other loses.

It's simple to do Live Forex Trading in Guatemala using experienced online brokers

Live CFD Trading In Guatemala

CFD trading is the buying and selling of contracts for difference via an online agent in Guatemala. When trading CFDs you are entering into an agreement 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 Guatemala

Spread Betting in Guatemala is possible using experienced online trading platforms like plus500 or IC Markets. It is a simple bet as to whether the price will go up or down.  Normally, the Guatemala brokers will show the prices you have.

If you are looking at how to do spread betting in Guatemala then it is advisable to start with a demo account with either XTM or FP Markets so that you can practice with fake currency before risking your own capital.

Trading Forex in Guatemala

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

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

The financial industry in Guatemala are professional and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Guatemala.

The online platforms used by brokers in Guatemala are thoroughly tested and highly rated.

Whichever Online Trading Solutions in Guatemala you decide to use, ensure they have all of the following:

  • Easy to use platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Able to perform social trading
  • Quick online help or support

Challenges Of Trading in Guatemala

The US Dollar is considered the base currency around the world so even a little change in the US economic markets could affect the economic markets in Guatemala. The EU is also a large economy and changes there may affect the economic markets in Guatemala.

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

Frequently Asked Questions About Trading Forex In Guatemala

Is Forex Trading Legal In Guatemala?

There is a growing misconception that trading Forex in Guatemala is considered unsafe. This isn't the case, Forex trading in Guatemala is quite active, regulated and safe.

Trading in Forex is permitted in Guatemala as for any company to trade internationally, foreign currency has to be exchanged. Whenever you buy something and it is sent from abroad, there'll be numerous money exchanges by multiple companies to get that thing to you.

The important issue is that when trading Forex in Guatemala you select one of the best online agents.

Do Forex Traders Pay Tax In Guatemala?

After a dealer is successful and their gains achieve a particular level then they can be taxed in Guatemala according to the typical tax rules.

Tax returns should always be registered even if there's a loss. You should seek advice with a registered accountant in Guatemala to make certain you are abiding by all current local laws as it is very determined by your personal conditions.

Can You Trade Cryptocurrencies In Guatemala?

Cryptocurrency markets in Guatemala are quite new. As Cryptocurrencies operate on decentralised resources in Guatemala matters like interest rate changes and political instability do not impact them as far as the money markets.

Cryptocurrencies are more popular with the younger generations and with increasing income levels and technology adoption, trading cryptocurrency in Guatemala is rising day by day. It is still small compared to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Guatemala?

Commodity trading in Guatemala includes trading in matters like precious metals, energies and agricultural commodities.

Some products such as agricultural are seeing exponential growth inGuatemala.

Fast growing markets like India have a big demand for many basic raw materials for their population. It follows that states like Guatemala can benefit from the circumstance.