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

The best Portugal online trading platforms
The Best Portugal Online Brokers 2021

This guide to the top online brokers in Portugal 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 most professional broker in Portugal.

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

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

We currently have 21 Trading Patforms that we believe are the Reputable Trading Patforms in Portugal

Who’s The Reputable Portugal Brokers?

This guide has been written to help you find an experienced Portugal broker. When looking for an experienced, professional broker in Portugal it can be very confusing.  Below we show what your trading platform are in Portugal and what Portugal online trading platforms can do for you.

A free trial of a minimum of 3 weeks is one of the best ways to evaluate the quality and reliability of any Portugal trading broker firm. Before making any ultimate decisions, you want to be able test the tradins platform's and software in real-time but with minimal risk. A demo account will allow you to test the software and see how comfortable you are with its tools. A top broker in Portugal should make it as easy 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 21 Online Brokers that we believe are the Best Online Brokers in Portugal

fxddBell Directjustforexstate one stockbroking limitedVanguard InvestmentsWellsTradeCharter PrimeTrade ZeroCharles SchwabTrading212ValutradeslmfxAccentForexorient financial brokersfx privatehsbc online share tradingOptionWebWealthfronttickmillDarwinexfibo group
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Rating7.57/53.91/55.25/54.95/54.76/51.73/55.92/55.73/54.23/55.81/53.01/54.85/56.85/55.85/54.75/53.15/54.71/54.08/54.50/54.43/54.65/5
Minimum Deposit$250$100$250$250$0$30$200$500$25$1$0$250$50$250$250$250$200$500$250$500$250
Year Founded201019832010201820082008201220142010200620082016201020142020201320122008202020122019
HeadquartersBelizeNew ZealandUKAnguillaUnited StatesUnited StatesAustraliaBahamasUnited StatesUKUKAnguillaVanuatuUnited StatesUSAUnited StatesCyprusUSAGRENADINESUKCyprus
Regulated ByMalta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252Financial Markets Authority (FMA)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-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-F309Office of the Comptroller of the CurrencyUnregulatedFinancial Conduct Authority (FCA)Securities Commission of the Bahamas (SCB)Commodity Futures Trading Commission (CFTC)Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)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-F271Vanuatu Financial Services Commission (VFSC)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-F293Financial 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-F239Financial 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-F256Cyprus Securities and Exchange Commission (CySEC)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-F323Financial 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-F226
Clients14,000,000+10,000+1,000,000+10,000+10,000+10,000+10,000+2,000+10,000+14,000,000+10,000+10,000+10,000+200,000+12,000,000+10,000+10,000+10,000+12,000,000+10,000+14,000+
Risk Warning75% of retail investor accounts lose money when trading CFDs with Triton Capital Markets LtdYour 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 riskCFDs 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 CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Your capital is at riskYour capital is at riskForeign exchange trading carries a high degree of risk.Your capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at risk
Withdrawal FeesNoNoYesNoYesNoNoNoYesNoNoNoYesNoYesNoNoYesNoNoYes
Inactivity FeesNoYesNoNoYesNoNoNoYesNoNoNoYesNoNoNoNoNoNoNoNo
Deposit Fees250100250250030200500251025050250250250200500250500250
CFD FeesNoYesNoNoNoNoYesNoNoNoYesNoNoNoNoYesNoYesNoNoYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalYesNoYesYesNoNoNoNoNoYesNoYesNoYesYesYesNoNoYesNoYes
Accepts SkrillYesNoYesYesNoNoNoNoNoYesNoYesYesYesYesYesNoNoYesNoYes
Accepts PayoneerYesYesYesYesYesYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerYesNoYesYesNoNoNoNoNoNoNoYesYesYesYesYesNoNoYesNoYes

Online Stock Trading In Portugal

Trading stocks and shares in Portugal is highly regulated and considered very secure. But, be aware that any investment may go down as well as up, which means that your capital is in danger.

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

Live Forex Trading In Portugal

Forex is the largest 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 money exchange involving two distinct nations and the next management of the resulting position where one currency gains and the other loses.

It is easy to do Live Forex Trading in Portugal with seasoned online agents

Live CFD Trading In Portugal

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

Spread Betting in Portugal is possible using trusted online brokers like XTM or Trading212. It is a simple bet as to whether the price will go up or down.  Normally, the Portugal online trading platforms will display the prices you have.

If you are looking at how to do spread betting in Portugal then it is an idea to start with a demo account with either XTM or Trading212 so that you can practice with monopoly money before risking your own capital.

Trading Shares in Portugal

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

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

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

The online platforms used by brokers in Portugal are well tested and highly rated.

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

  • User friendly platform
  • Availability of 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 Portugal

The US Dollar is considered the base currency globally so even a slight change in the US financial markets can affect the economic markets in Portugal. The EU is also a large market and changes there can affect the economic markets in Portugal.

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

Frequently Asked Questions About Trading Forex In Portugal

Is Forex Trading Legal In Portugal?

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

Trading in Forex is permitted in Portugal as for any company to trade globally, foreign currency has to be exchanged. Any time you buy something and it is shipped from overseas, there'll be numerous currency exchanges by multiple businesses to get that item to you.

The important issue is that when trading Forex in Portugal you pick one of the top online brokers.

Do Forex Traders Pay Tax In Portugal?

Once a trader is successful and their gains achieve a particular level then they may be taxed in Portugal as per the standard tax rules.

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

Can You Trade Cryptocurrencies In Portugal?

Cryptocurrency markets in Portugal are quite new. As Cryptocurrencies work on decentralised assets in Portugal 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 as well as increasing income amounts and technology adoption, trading cryptocurrency in Portugal is increasing day by day. It is still modest compared to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Portugal?

Commodities trading in Portugal involves trading in things like precious metals, energies and agricultural commodities.

Some products such as agricultural are seeing exponential growth inPortugal.

Fast growing markets like India have a significant demand for many fundamental raw materials for their inhabitants. This means that states like Portugal can benefit from the circumstance.