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

Best Guernsey trading platforms
Top Guernsey Online Trading Platforms 2021

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

This guide contains the most recent information about finding the best trading patforms in Guernsey.

If you are a new entrant into the world of trading and brokerage, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You'll acquire adept skills at all the concepts of brokerage as you keep trading. For starters, you have to select the right broker in Guernsey who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan is key to your success.

We currently have 20 Trading Patforms in our database that we think are the Reputable Brokers in Guernsey

Who Are The Reputable Guernsey Trading Patforms?

This guide has been written to help you find a professional Guernsey broker. When searching for a good, reliable broker in Guernsey it can be quite confusing.  Below we detail what your trading platform are in Guernsey and what Guernsey brokers can provide you.

Getting a free trial of a minimum of 3 weeks is one of the best ways to assess the quality and reliability of any Guernsey broker. Before making any final decisions, you have to be able test the tradins platform's and software in real-time but with little risk. This allows you to test the software and see how comfortable you are with its tools. A top broker in Guernsey should make it as easy 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 20 Online Brokers from our research that we think are the Best Online Brokers in Guernsey

lite forex investmentsAlfa FinancialsDeltastockETX CapitalAyondoPersonal CapitalforextimeGDMFXfreetradeiq optionNabtradeWestpacFortradestoxmarketpro finance serviceIGBeeOptionsTrade ZeroBOQ TradingBitfinex
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Rating4.90/55.92/54.28/56.43/53.21/54.23/56.20/52.36/59.30/53.15/54.18/56.08/54.05/54.30/55.95/54.98/53.82/55.73/55.63/55.71/5
Minimum Deposit$250$500$100$100$1$100000$250$100$0$250$100$50$1$250$250$200$0$500$200$100
Year Founded20151987199820022008200820112012201620192008200819922010201719742004201420142015
HeadquartersNetherlandsUAEBulgariaUKLondonUSALebanonAnguillaUnited KingdomUnited StatesUSAAustrailiaUKDubaiGenevaUKCyprusBahamasUnited StatesNew Zealand
Regulated ByFinancial 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-F270Financial Conduct Authority (FCA)Securities and Futures Commission (SFC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)UnregulatedFinancial 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-F230UnregulatedFinancial Conduct Authority. Registered in England and Wales (no. 09797821)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-F262UnregulatedFinancial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20Financial 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-F313Financial 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-F296Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)Securities Commission of the Bahamas (SCB)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Services Provider (FSP)
Clients10,000+10,000+10,000+10,000+10,000+10,000+200,000+10,000+890,000+14,000,000+10,000+10,000+10,000+10,000+150,000+178,500+10,000+2,000+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed deposits77.2% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskLosses can exceed depositsThe value of investments can go up as well as down and you may receive back less than your original investment.Your capital is at riskYour capital is at riskYour capital is at riskCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskSpread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.Your capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesYesNoYesNoYesNoNoNoNoYesNoNoNoNoYesNoNoNoNoYes
Inactivity FeesYesYesYesNoYesNoNoNoNoNoNoNoNoYesYesNoNoNoNoNo
Deposit Fees250500100100110000025010002501005012502502000500200100
CFD FeesYesYesYesNoYesNoYesYesNoNoNoNoYesNoYesNoNoNoYesNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalYesNoNoNoNoNoYesNoYesYesNoNoYesYesYesYesNoNoNoNo
Accepts SkrillYesNoNoNoNoNoYesNoYesYesNoNoNoYesYesNoNoNoNoNo
Accepts PayoneerYesYesYesNoNoYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesNoNoYesNoNoYesNoYesYesNoNoYesYesYesNoNoNoNoNo

Online Stock Trading In Guernsey

Trading Assets in Guernsey is highly controlled and considered very safe. But, conscious that any investment may go down as well as up, so your capital is at risk.

If you are just starting out with online trading then it is advised to get a demo account first with a controlled broker so that you can find out the strategies without the risk of losing money.

Live Forex Trading In Guernsey

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

Forex (short for Foreign Exchange) is a currency exchange between two distinct nations and the next management of the consequent position in which one currency gains and the other loses.

It is simple to do Live Forex Trading in Guernsey with experienced online brokers

Live CFD Trading In Guernsey

CFD trading is the buying and selling of contracts for difference via an online trading partner in Guernsey. 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 Guernsey

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

If you are looking at how to do spread betting in Guernsey then it is suggested to start with a demo account with either eToro or Trading212 so that you can practice with fake money before risking your own capital.

Trading Stocks in Guernsey

Globally, Guernsey is considered safe to do online trading and has access to other global financial centers. In Guernsey, online trading platforms are highly regulated, experienced and supportive. 

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

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

The online platforms used by brokers in Guernsey are extensively tested and highly rated.

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

  • Easy to use platform
  • Access to a risk management tool
  • Good or instant execution speed
  • Better quality charts
  • Capable of doing social trading
  • Professional online help or support

Challenges Of Using Online Trading Platforms in Guernsey

The US Dollar is considered the base currency globally so even a tiny change in the US economic markets may affect the economic markets in Guernsey. The EU is also a large market and changes there could affect the economic markets in Guernsey.

Like all countries there are opportunities in Guernsey financial markets but overall the prospects are great. However, like in all global financial markets we recommend that any Online Trading Brokers in Guernsey you decide to use, make sure you do your homework first before risking any real money. We have collected hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Guernsey.  We hope that by reading this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Guernsey

Is Forex Trading Legal In Guernsey?

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

Trading in Forex is allowed in Guernsey as for any company to trade internationally, foreign currency must be exchanged. Whenever you purchase something and it is shipped from overseas, there'll be numerous currency exchanges by multiple companies to get that item to you.

The main thing is that if trading Forex in Guernsey you pick one of the top online brokers.

Do Forex Traders Pay Tax In Guernsey?

Once a trader is successful and their profits reach a certain level then they may be taxed in Guernsey as per the standard taxation rules.

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

Can You Trade Cryptocurrencies In Guernsey?

Cryptocurrency markets in Guernsey are quite new. As Cryptocurrencies operate on decentralised resources in Guernsey things like interest rate fluctuations and political instability don't affect them as far as the currency markets.

Cryptocurrencies are more popular with the younger generations and with growing income amounts and technologies adoption, trading cryptocurrency in Guernsey is increasing day by day. It's still modest in comparison to the Forex markets but about $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Guernsey?

Commodity trading in Guernsey includes trading in things like precious metals, energies and agricultural commodities.

Some products such as agricultural are seeing exponential growth inGuernsey.

Fast growing economies like India have a big demand for many basic raw materials because of their inhabitants. This means that countries like Guernsey can benefit from this circumstance.