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

Top Maldives brokers
Best Maldives Online Trading Platforms 2021

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

This review contains the most recent information about finding the best trading patforms in Maldives.

If you are a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll get proficient skills at all the concepts of brokerage since you continue trading. For starters, you have to choose the ideal agent in Maldives who'll be clear with you constantly.

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

We currently have 19 Trading Patforms in our database that we think are the Best Trading Patforms in Maldives

Finding The Top Maldives Trading Patforms?

This guide has been designed to help you find a professional Maldives broker. When searching for a great, reliable broker in Maldives it can be very confusing.  Below we show what your broker options are in Maldives and what Maldives brokers can provide you.

Getting a free trial for a minimum of 3 days is the best way to understand the capabilities and professionalism of any Maldives trading broker firm. Before making any final decisions, you have to be able test the tradins platform's and software in real-time but with minimal risk. A demo account will allow you to experiment with the software and see how easy it is. A reuptable broker in Maldives 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 19 Brokers in our database that we think are the Top Brokers in Maldives

TwineamarketslqdfxForex EuroclubSharekhantradestationBNP Paribastraders wayVinson Financialshantec fxnetwealth share tradingfxglobeIngot BrokersDirect FXSpreadCosofifx opennpbfxOptionWeb
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Rating2.63/54.05/56.20/52.97/56.03/56.25/55.78/54.85/55.86/54.60/54.65/54.20/54.33/52.63/54.43/54.80/54.35/55.00/54.71/5
Minimum Deposit$100$250$250$100$0$250$100$250$200$250$250$250$1000$1$100$250$250$250$200
Year Founded2008201620172008200020142004201220042021201720122004200620052015201920202012
HeadquartersUSAUnited KingdomPortugalRussiaIndiaCyprusUKGrenadinesCyprusRussiaBulgariaMaltaAustraliaNew ZealandLondonLebanonPuerto RicoUnited KingdomCyprus
Regulated ByUnregulatedFinancial 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-F223Financial 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-F272UnregulatedSecurities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial 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-F329Financial 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-F327Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)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-F252Financial 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-F284Financial 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-F243Australian Securities and Investment Commission (ASIC)UnregulatedFinancial 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-F306Financial 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-F238Financial 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-F287Cyprus Securities and Exchange Commission (CySEC)
Clients10,000+1,000,000+200,000+10,000+1,500,000+3,500,000+10,000+10,000+10,000+10,000+250,000+10,000+10,000+10,000+10,000+10,000+60,000+3,500,000+10,000+
Risk WarningYour 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 riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed deposits
Withdrawal FeesYesYesNoNoYesNoNoYesNoYesYesYesNoNoYesNoNoNoNo
Inactivity FeesYesNoNoNoNoNoNoNoNoNoNoYesYesNoNoNoNoYesNo
Deposit Fees100250250100025010025020025025025010001100250250250200
CFD FeesNoNoYesNoYesNoYesNoYesYesYesNoYesYesYesYesNoNoNo
Accepts Credit CardsYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoYesYesNoNoYesNoYesNoYesYesYesNoNoNoYesYesYesNo
Accepts SkrillNoYesYesNoNoYesNoYesNoYesYesYesNoNoNoYesYesYesNo
Accepts PayoneerYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoYesYesNoNoYesNoYesNoYesYesYesNoNoNoYesYesYesNo

Online Stock Trading In Maldives

Trading Assets in Maldives is highly controlled and considered quite safe. But, be aware that any investment can go down as well as up, which means that your capital is at risk.

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

Live Forex Trading In Maldives

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

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

It's easy to do Live Forex Trading in Maldives using professional online brokers

Live CFD Trading In Maldives

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

Spread Betting in Maldives is possible using professional online trading platforms like eToro or FP Markets. It is a simple bet as to whether the price will go up or down.  Normally, the Maldives online trading platforms will show the prices you have.

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

Trading Stocks in Maldives

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

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 industry in Maldives are very mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Maldives.

The online trading apps used by brokers in Maldives are extensively tested and highly rated.

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

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

Challenges Of Trading in Maldives

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

Like every country there are challenges in Maldives economic markets but overall the prospects are positive. However, like in all global economic markets we recommend that any Online Trading Solutions in Maldives you decide to use, make sure you do your due diligence 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 Maldives.  We hope that by using this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Maldives

Is Forex Trading Legal In Maldives?

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

Trading in Forex is allowed in Maldives as for any business to trade internationally, foreign currency must be exchanged. Any time you purchase something and it's sent from abroad, there will be numerous currency exchanges by multiple companies to get that thing to you.

The main thing is that if trading Forex in Maldives you select one of the top online agents.

Do Forex Traders Pay Tax In Maldives?

After a trader is successful and their gains reach a particular level then they can be taxed in Maldives as per the typical tax rules.

Tax returns should always be filed even if there is a reduction. You should seek out advice with a documented accountant in Maldives to ensure you're abiding with current regional laws as it's very determined by your personal conditions.

Can You Trade Cryptocurrencies In Maldives?

Cryptocurrency markets in Maldives are rather new. As Cryptocurrencies work on decentralised assets in Maldives matters like interest rate fluctuations and political instability do not impact them as far as the fiat markets.

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

Can You Trade Commodities In Maldives?

Commodity trading in Maldives involves trading in matters like precious metals, energies and agricultural commodities.

Some commodities like agricultural are seeing exponential growth inMaldives.

Fast growing markets like India have a big demand for many basic raw materials because of their inhabitants. It follows that countries like Maldives can benefit from the circumstance.