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

Top Saint Lucia online trading platforms
Top Saint Lucia Online Trading Platforms 2021

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

This guide contains the latest information about finding the best trading patforms in Saint Lucia.

If you're a new entrant into the world of trading and broker, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will acquire proficient skills at all the concepts of broker since you keep trading. For starters, you need to choose the perfect broker in Saint Lucia who will be transparent with you always.

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

We currently have 19 Trading Patforms that we think are the Reputable Online Brokers in Saint Lucia

Who Are The Professional Saint Lucia Online Brokers?

This review has been designed to help you find a reputable Saint Lucia broker. When looking for an experienced, reliable broker in Saint Lucia it can be very confusing.  Below we explain what your trading options are in Saint Lucia and what Saint Lucia online trading platforms can do for you.

We currently have 19 Trading Patforms that we think are the Top Brokers in Saint Lucia

Markets.comCore SpreadsGo MarketsDirect FXz.comCharter PrimeEightcapAdvanced Global MarketsBinanceCaveoWeBullAyondoPhoenix MarketsVarengold BankBCS ForexCIM BanqueBurrell StockbrokingHDFC SecuritiesBDSwiss
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Rating4/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/5
Minimum Deposit$250$1$1$1$50$200$100$500$100$0$50$1$500$250$100$100$100$0$500
Year Founded2008201420092006200820122015199220112016201720082013200820161995196820001994
HeadquartersCyprusLondonAustraliaNew ZealandUKAustraliaAustraliaCyprusAustraliavariableUSALondonCyprusGermanyCyprusGenevaAustraliaIndiaMauritius
Regulated ByCyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)UnregulatedFinancial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)Financial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)UnregulatedFinancial Conduct Authority (FCA)Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)UnregulatedCyprus Securities and Exchange Commission (CySEC)Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)Malta Financial Services Authority (MFSA)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeUnregulated
Clients10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+5,000+10,000+10,000+10,000+10,000+10,000+10,000+2,000,000+10,000+
Risk Warning84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Losses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour capital is at riskYour capital is at riskLosses can exceed depositsYour 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 riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesNoNovariablevariable$30Yes$31$25 $350variableNovariablevariablevariablevariable$15Novariable
Inactivity FeesNoNoNoNoNoNo
Deposit Fees2501115020010050010005015002501001001000500
CFD FeesNo$1.50/lot/legNoYesNoNo
Accepts Credit CardsYesYesNo
Accepts PayPalYesNoNo
Accepts SkrillNoNoNo
Accepts PayoneerYesYesNo
Accepts NetellerNoNoNo

Online Stock Trading In Saint Lucia

Trading stocks and shares in Saint Lucia is highly controlled and considered very secure. However, be aware that any investment can 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 suggested to have a demo account with a regulated broker so that you are able to learn the systems without the risk of losing cash.

Live Forex Trading In Saint Lucia

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

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

It's possible to do Live Forex Trading in Saint Lucia using experienced online brokers

Live CFD Trading In Saint Lucia

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

Spread Betting in Saint Lucia is possible using experienced online brokers like XTM or FP Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Saint Lucia trading platforms will show the prices you have.

If you are looking at how to do spread betting in Saint Lucia then it is a good idea to start with a demo account with either plus500 or IC Markets so that you can practice with monopoly money before risking your own capital.

Trading Stocks in Saint Lucia

Globally, Saint Lucia is considered safe to do online trading and has access to other global financial centers. In Saint Lucia, 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 a trader should know:

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

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

Whichever Online Trading Brokers in Saint Lucia you decide to use, ensure 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
  • Fast online help or support

Challenges Of Using Online Trading Platforms in Saint Lucia

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

Like every country there are opportunities in Saint Lucia economic markets but overall the prospects are good. However, like in all global financial markets we recommend that any Online Trading Solutions in Saint Lucia 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 Saint Lucia.  We hope that by using this guide you will find a experienced broker that matches your needs.

Frequently Asked Questions About Trading Forex In Saint Lucia

Is Forex Trading Legal In Saint Lucia?

There is a growing misconception that trading Forex in Saint Lucia is considered unsafe. This isn't the situation, Forex Currency trading in Saint Lucia is quite active, safe and regulated.

Trading in Forex is permitted in Saint Lucia as for any business to trade internationally, foreign currency must be exchanged. Any time you buy something and it's shipped from overseas, there will be multiple currency exchanges by multiple companies to get that item to you.

The important thing is that when trading Forex in Saint Lucia you pick one of the top online brokers.

Do Forex Traders Pay Tax In Saint Lucia?

Once a trader is successful and their gains achieve a certain level then they may be taxed in Saint Lucia 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 registered accountant in Saint Lucia to ensure you're abiding by all current local laws as it is very dependent on your personal conditions.

Can You Trade Cryptocurrencies In Saint Lucia?

Cryptocurrency markets in Saint Lucia are quite new. As Cryptocurrencies work on decentralised resources in Saint Lucia matters like interest rate changes and political instability do not impact them as far as the money markets.

Cryptocurrencies are more popular with the centuries as well as increasing income levels and technologies adoption, trading cryptocurrency in Saint Lucia is increasing day by day. It's still modest compared to the Forex markets but about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Saint Lucia?

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

Some commodities such as agricultural are seeing exponential growth inSaint Lucia.

Fast growing markets like India have a significant demand for many fundamental raw materials for their inhabitants. It follows that countries like Saint Lucia can benefit from this circumstance.