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

The best Portugal online trading platforms
Top Portugal Online Trading Platforms 2022

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

This review contains the latest information about finding the most professional trading patforms in Portugal.

If you are a new entrant in the world of trading and broker, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You'll get proficient skills at all the concepts of brokerage as you continue trading. For starters, you have to select the best broker in Portugal who'll be clear 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 plan is key to your success.

We currently have 19 Online Brokers in our database that we think are the Best Brokers in Portugal

Who Are The Reputable Portugal Brokers?

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

Getting a free trial of at least 3 weeks is a great way to evaluate the capabilities and reliability of any Portugal online trading platform. Before making any final decisions, you want to be able test the tradins platform's and software in real-time but with minimal risk. This allows you to experiment with the software and see how comfortable you are with its tools. A reuptable 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 19 Trading Patforms that we believe are the Reputable Brokers in Portugal

Direct FXicm capitalGo Marketsmerrill edgeIntertraderOctaFXZacks Tradeaaafxprofiforex corpXTBnetwealth share tradingAlfa Financialsthe share centresynergy fxmayzusBulbrokersBarclaysSharekhanChoicetrade
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Rating2.63/55.90/55.96/54.90/56.28/53.66/53.81/55.25/55.05/57.27/54.65/55.92/54.55/55.25/56.30/53.36/55.88/56.03/50.78/5
Minimum Deposit$1$250$1$250$1$5$2500$300$250$0$250$500$250$250$250$100$0$0$250
Year Founded2006201520092010200920142008200820182002201719872019201320202000201120002009
HeadquartersNew ZealandGenevaAustraliaUSAGibraltarSt. Vincent and the GrenadinesUnited StatesUnited StatesCyprusPolandBulgariaUAEBulgariaCayman IslandsDubaiBulgariaUnited KingdomIndiaUnited States
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-F258Australian 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-F277Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)UnregulatedHCMC (Greece), FSA (St Vincent & Grenadines)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-F297Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi??????n Nacional del Mercado de Valores, Komisja Nadzoru FinansowegoFinancial 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)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-F322Financial 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-F316Financial 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-F275Financial Services Authority (FSA)Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeUnregulated
Clients10,000+10,000+10,000+10,000+10,000+30,000+10,000+60,000+30,000+250,000+250,000+10,000+60,000+10,000+150,000+10,000+10,000+1,500,000+10,000+
Risk WarningLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskLosses can exceed depositsLosses can exceed depositsYour capital is at riskTrading spot currencies involves substantial risk and there is always the potential for loss.Your capital is at risk79% 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 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 risk
Withdrawal FeesNoYesYesNoNoNoNoYesNoYesYesNoYesNoYesNoNoYesYes
Inactivity FeesNoNoNoNoNoNoNoYesNoNoNoYesYesNoNoYesNoNoNo
Deposit Fees12501250152500300250025050025025025010000250
CFD FeesYesYesNoNoNoNoYesNoNoYesYesYesYesNoNoYesNoYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoYes
Accepts PayPalNoYesNoYesNoNoNoYesYesYesYesNoYesYesYesNoNoNoNo
Accepts SkrillNoYesNoYesNoNoNoYesYesYesYesNoYesYesYesNoNoNoNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoYes
Accepts NetellerNoYesNoYesNoYesNoYesYesYesYesNoYesYesYesNoNoNoNo

Online Stock Trading In Portugal

Trading investments in Portugal is highly regulated and considered quite safe. However, conscious that any investment may go down as well as up, so your capital is at risk.

If you are just starting out using online trading then it's suggested to get a demo account first with a regulated broker so you are able to learn the systems without the risk of losing cash.

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

It's possible to do Live Forex Trading in Portugal with professional online brokers

Live CFD Trading In Portugal

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

Spread Betting in Portugal is possible using experienced online trading platforms like XM or Trading212. It is a simple bet as to whether the price will go up or down.  Often, 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 advisable to start with a demo account with either eToro or Trading212 so that you can practice with monopoly money before risking your own capital.

Trading Stocks in Portugal

Internationally, Portugal is considered safe to do online trading and has access to other global financial centers. In Portugal, online trading platforms 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 important things any trader should know:

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

The online trading solutions used by brokers in Portugal are well tested and highly rated & secure.

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

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

Challenges Of Trading in Portugal

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

Like every country there are challenges in Portugal financial markets but overall the outlook is good. However, like in all global financial markets we recommend that any Online Trading Platforms in Portugal you decide to use, make sure you do your homework first before risking your money. We have collated thousands of datapoints and written this guide to help you find the Best Trading Platforms in Portugal.  We hope that by using this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Portugal

Is Forex Trading Legal In Portugal?

There's a growing misconception that trading Forex in Portugal is considered unsafe. This is not the situation, Forex Currency trading in Portugal is very active, regulated and safe.

Trading in Forex is permitted in Portugal as for any business to trade internationally, foreign currency has to be exchanged. Whenever you purchase something and it's shipped from overseas, there'll be numerous currency exchanges by multiple companies to get that thing to you.

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

Do Forex Traders Pay Tax In Portugal?

After a trader is successful and their profits achieve a particular level then they may be taxed in Portugal according to the standard taxation 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're abiding with current local laws since it is extremely determined by your personal circumstances.

Can You Trade Cryptocurrencies In Portugal?

Cryptocurrency markets in Portugal are rather new. As Cryptocurrencies work on decentralised assets in Portugal things like interest rate changes and political instability do not impact them as much as the currency markets.

Cryptocurrencies are more popular with the centuries and with growing income levels and technologies adoption, trading cryptocurrency in Portugal is rising day by day. It is still small compared to the Forex markets but about $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Portugal?

Commodities trading in Portugal includes trading in matters like precious metals, energies and agricultural commodities.

Some products like agricultural are seeing exponential growth inPortugal.

Fast growing markets like India have a big need for many basic raw materials for their population. It follows that states like Portugal can take advantage of this circumstance.