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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Sao Tome and Principe

Best Sao Tome and Principe online trading platforms
Best Sao Tome and Principe Online Trading Platforms 2021

This guide to the professional online brokers in Sao Tome and Principe has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the latest details about finding a reputable online broker in Sao Tome and Principe.

If you're a new entrant in the realm of trading and broker, so many facts will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You will get proficient skills at all the concepts of broker since you keep trading. For starters, you have to choose the right broker in Sao Tome and Principe who'll be clear with you always.

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 20 Brokers that we think are the Professional Brokers in Sao Tome and Principe

Who’s The Top Sao Tome and Principe Brokers?

This review has been provided to help you find a professional Sao Tome and Principe broker. When looking for an experienced, reliable broker in Sao Tome and Principe it can be quite confusing.  Below we explain what your broker options are in Sao Tome and Principe and what Sao Tome and Principe online trading platforms can do for you.

We currently have 20 Online Brokers in our database that we think are the Best Trading Patforms in Sao Tome and Principe

CMC MarketsDirectsharesz.comAlvexoFinmaxIronFXFXNetETX CapitalDegiroAccentForexForexMartXTBForex Financial ServicesIC MarketsIGHantec MarketsValbury CapitalETFinanceEtradeAfluenta Peru Sac
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Rating4/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/54/5
Minimum Deposit$200$100$50$0$0$500$50$100$0$100$1$0$2500$200$200$1000$15000$215$100$0
Year Founded19892007200819932008201020122002193419982015200220082007197419902008201820122013
HeadquartersUKAustraliaUKCyprusBulgariaCyprusCyprusUKNetherlandsVanuatuCyprusPolandAustraliaAustraliaUKUK, Hong KongUKCyprusUnited StatesPeru
Regulated ByFinancial Conduct Authority (FCA)The Portuguese Securities Market Commission (CMVM)Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)Australian Securities and Investment Commission (ASIC), licenced in Australia and Hong Kong for stockbroking and corporate finance activitiesFinancial Services Authority (FSA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB)UnregulatedCyprus Securities and Exchange Commission (CySEC)Financial 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 FinansowegoAustralian Securities and investment Commission (ASIC)Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC)Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)Financial Conduct Authority (FCA)
Clients10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+600,000+10,000+10,000+250,000+10,000+60,000+178,500+10,000+10,000+10,000+10,000+10,000+
Risk WarningLosses 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 riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour 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 riskLosses can exceed depositsSpread bets and CFDs 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.Losses can exceed depositsYour capital is at riskTrading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.Your capital is at riskYour capital is at risk
Withdrawal FeesvariablevariablevariablevariablevariablevariableYesNovariablevariable5variablevariableNoNoNovariable$100/10000JPY$20variable
Inactivity FeesYesNoNoYesNoNoNoNoYesYes
Deposit Fees20010050005005010001001025002002001000150002151000
CFD FeesYes, 0.10%NoYesYesYesYesYesYes (0.1%)No
Accepts Credit CardsYesYesYesYesYesYes
Accepts PayPalNoNoNoYesYesYes
Accepts SkrillNoNoYesYesYesNo
Accepts PayoneerYesNoNoYesNoYes
Accepts NetellerNoYesYesYesYesNo

Online Stock Trading In Sao Tome and Principe

Trading Assets in Sao Tome and Principe is highly controlled and considered quite safe. But, be aware that any investment can go down as well as up, so your capital is in danger.

If you are just starting out using online trading then it is advised to have a demo account with a controlled broker so you can find out the systems without the risk of losing cash.

Live Forex Trading In Sao Tome and Principe

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

Forex (short for Foreign Exchange) is a money 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 Sao Tome and Principe with professional online trading platforms

Live CFD Trading In Sao Tome and Principe

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

Spread Betting in Sao Tome and Principe is possible using trusted online trading platforms like XTM or FP Markets. It is a simple bet as to whether the price will go up or down.  Usually, the Sao Tome and Principe trading platforms will show the prices you have.

If you are looking at how to do spread betting in Sao Tome and Principe then it is suggested to start with a demo account with either eToro or FP Markets so that you can practice with virtual currency before risking your own capital.

Trading Shares in Sao Tome and Principe

Globally, Sao Tome and Principe is considered safe to do online trading and has access to other global financial centers. In Sao Tome and Principe, online trading platforms are highly regulated, experienced and supportive. 

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 Sao Tome and Principe are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Sao Tome and Principe.

The online trading solutions used by brokers in Sao Tome and Principe are thoroughly tested and highly rated & secure.

Whichever Online Trading Platforms in Sao Tome and Principe you decide to use, make sure they have all of the following:

  • User friendly platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Capable of doing social trading
  • Professional online help or support

Challenges Of Trading Online in Sao Tome and Principe

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

Like every country there are opportunities in Sao Tome and Principe financial markets and overall the prospects are positive. However, like in all global financial markets we recommend that any Online Trading Platforms in Sao Tome and Principe you decide to use, make sure you do your due diligence first before risking your money. We have collated thousands of datapoints and written this guide to help you find the Best Trading Platforms in Sao Tome and Principe.  We hope that by reading this guide you will find a experienced broker that matches your needs.

Frequently Asked Questions About Trading Forex In Sao Tome and Principe

Is Forex Trading Legal In Sao Tome and Principe?

There's a growing misconception that trading Forex in Sao Tome and Principe is considered unsafe. This is not the situation, Forex trading in Sao Tome and Principe is quite active, safe and regulated.

Trading in Forex is permitted in Sao Tome and Principe as for any business to trade globally, foreign currency must be exchanged. Whenever you purchase something and it's sent from overseas, there will be multiple money exchanges by multiple companies to receive that thing to you.

The main thing is that when trading Forex in Sao Tome and Principe you select one of the best online agents.

Do Forex Traders Pay Tax In Sao Tome and Principe?

Once a dealer is successful and their gains achieve a certain level then they may be taxed in Sao Tome and Principe as per the standard taxation rules.

Tax returns must always be filed even if there is a loss. You should seek out advice with a registered accountant in Sao Tome and Principe to make certain you are abiding with current local laws since it is extremely determined by your personal circumstances.

Can You Trade Cryptocurrencies In Sao Tome and Principe?

Cryptocurrency markets in Sao Tome and Principe are quite new. As Cryptocurrencies operate on decentralised resources in Sao Tome and Principe things 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 and with growing income levels and technologies adoption, trading cryptocurrency in Sao Tome and Principe is rising day by day. It is still modest compared to the Forex markets but about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Sao Tome and Principe?

Commodity trading in Sao Tome and Principe includes trading in things like precious metals, energies and agricultural commodities.

Some commodities like agricultural are seeing exponential growth inSao Tome and Principe.

Fast growing markets like India have a significant need for many basic raw materials because of their inhabitants. It follows that states like Sao Tome and Principe can take advantage of this circumstance.