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

Best Guernsey brokers
Best Guernsey Brokers 2022

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

This guide contains the latest details about finding the most professional online broker in Guernsey.

If you're a new entrant in the world of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll get adept skills at all of the concepts of brokerage as you continue trading. For starters, you have to select the perfect agent in Guernsey who'll be clear with you constantly.

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

We currently have 16 Online Brokers that we think are the Top Brokers in Guernsey

Who Are The Best Guernsey Online Brokers?

This guide has been written to help you find a professional Guernsey broker. When looking for a great, professional broker in Guernsey it can be quite confusing.  Below we explain what your trading platform are in Guernsey and what Guernsey brokers can offer you.

A free trial of at least three weeks is the best way to assess the capabilities and reliability of any Guernsey broker. Before making any ultimate decisions, you have to be able test the broker's platform and software in real-time but with little risk. A demo account will allow you to test the software and see how comfortable you are with its tools. A high-quality broker in Guernsey should make it as simple as possible for any trader. They shouldn't have to do extensive research nor set up multiple accounts before they let you start investing.

We currently have 16 Trading Patforms that we believe are the Best Online Brokers in Guernsey

BithumbDF Marketsatc brokerstrio marketsBinanceBell Potter Securitiesmbcfxfibo groupjustforexforextimeForex.comEvolution BrokersinstaforexCircle MarketsInvestors Intelligencetickmill
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Rating1.21/55.33/56.40/54.60/55.88/56.93/54.90/54.65/55.25/56.30/55.46/55.71/58.40/54.51/56.28/54.50/5
Minimum Deposit$500$1$250$250$100$5$250$250$250$250$Typical$300$250$100$1$250
Year Founded2009201020172015201720152021201920102011200120082017200719472020
HeadquartersHong KongUKUnited StatesAustraliaJapanAustrailiaPuerto RicoCyprusUKLebanonUnited StatesBelizeRussiaNew ZealandLondonGRENADINES
Regulated ByUnregulatedFinancial 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-F224Financial 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-F330UnregulatedAustralian Securities and Investment Commission (ASIC)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-F276Financial 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-F226Financial 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-F265Financial 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-F230Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)Cyprus Securities and Exchange Commission (CySEC)BVI FSC, License Number SIBA/L/14/1082. FSC Saint Vincent, Reg. Number IBC22945. Saint Vincent, IBC24321Financial Industry Regulatory Authority (FINRA)Financial 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-F323
Clients10,000+10,000+3,500,000+10,000+1350000010,000+30,000+14,000+1,000,000+200,000+150,000+10,000+12,000,000+10,000+10,000+12,000,000+
Risk WarningYour 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 risk73% of retail investor accounts lose money when trading CFDs with this providerYour capital is at riskCFDs, which are leveraged products, incur a high level of risk and can result in the loss of all of your invested capital.Your capital is at riskLosses can exceed depositsYour capital is at risk
Withdrawal FeesNoNoNoYesYesNoNoYesYesNoYesYesNoYesNoNo
Inactivity FeesNoNoNoNoNoYesNoNoNoNoYesYesYesNoYesNo
Deposit Fees50012502501005250250250250Typical3002501001250
CFD FeesNoNoNoYesNoNoNoYesNoYesYesNoNoNoYesNo
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoYesYesNoNoYesYesYesYesYesNoYesNoNoYes
Accepts SkrillNoNoYesYesNoNoYesYesYesYesNoNoYesNoNoYes
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesNoYesYesYesYesYes
Accepts NetellerNoNoYesYesNoNoYesYesYesYesNoNoYesNoNoYes

Online Share Trading In Guernsey

Trading investments in Guernsey is highly controlled and considered quite secure. But, be aware that any investment may go down as well as up, which means that your capital is at risk.

If you're just starting out using online trading then it's advised to get a demo account with a regulated agent so that you are able to learn the strategies without the danger of losing money.

Live Forex Trading In Guernsey

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

Forex (Abbreviation of Foreign Exchange) is a money exchange involving two distinct nations 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 Guernsey with seasoned online agents

Live CFD Trading In Guernsey

CFD trading is the selling and buying of contracts for difference via an online trading platform in Guernsey. When you trade 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 professional 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 Guernsey brokers will show the prices you have.

If you are looking at how to do spread betting in Guernsey then it is a good idea to start with a demo account with either XTM or 101Investing so that you can practice with fake currency before risking your own capital.

Trading Stocks in Guernsey

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

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

The financial markets in Guernsey are very 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 thoroughly tested and highly rated.

Whichever Online Trading Brokers in Guernsey you decide to use, ensure they have all of the below:

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

Challenges Of Trading Online in Guernsey

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

Like many countries there are challenges in Guernsey economic markets but overall the outlook is great. However, like in all global economic markets we recommend that any Online Trading Brokers in Guernsey you decide to use, make sure you do your due diligence first before risking any real money. We have collated thousands 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 case, Forex trading in Guernsey is very active, regulated and safe.

Trading in Forex is allowed in Guernsey as for any company to trade internationally, foreign currency has to be exchanged. Whenever you purchase something and it is sent from abroad, there will be numerous currency exchanges by multiple businesses to get that item to you.

The important thing is that when trading Forex in Guernsey you pick one of the top online agents.

Do Forex Traders Pay Tax In Guernsey?

Once a trader is successful and their gains reach a particular level then they may be taxed in Guernsey as per the typical tax rules.

Tax returns must always be registered even if there's a loss. You should seek out advice with a registered accountant in Guernsey to make certain you're abiding with current local laws since it's very dependent on your personal circumstances.

Can You Trade Cryptocurrencies In Guernsey?

Cryptocurrency markets in Guernsey are quite new. As Cryptocurrencies work on decentralised assets in Guernsey things like interest rate fluctuations and political instability don't affect them as far as the fiat 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 is still modest in comparison to the Forex markets but around $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Guernsey?

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

Some products such as agricultural are seeing exponential growth inGuernsey.

Fast growing markets like India have a significant need for many basic raw materials for their population. It follows that states like Guernsey can benefit from this situation.