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

Top Sao Tome and Principe brokers
Top Sao Tome and Principe Brokers 2021

This guide to the best 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 review contains the latest details about finding the most professional trading patforms in Sao Tome and Principe.

If you are a new entrant into 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 understanding. You'll acquire adept skills at all of the concepts of brokerage as you keep trading. For starters, you need to choose the perfect broker in Sao Tome and Principe who will be transparent with you always.

Within this fast-paced world 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 20 Online Brokers that we think are the Top Brokers in Sao Tome and Principe

Finding The Reputable Sao Tome and Principe Online Brokers?

This review has been designed to help you find a reputable Sao Tome and Principe broker. When looking for a good, professional broker in Sao Tome and Principe it can be a little confusing.  Below we detail what your trading platform are in Sao Tome and Principe and what Sao Tome and Principe online trading platforms can do for you.

Getting a free trial of at least 3 days is a good way to assess the capabilities and professionalism of any Sao Tome and Principe broker. 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 allows you to experiment with the software and see how easy it is. A professional broker in Sao Tome and Principe should make it as simple as possible for any trader. 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 20 Brokers in our database that we believe are the Professional Online Brokers in Sao Tome and Principe

henyepFinproprofiforex corpAyrexrfxt lebanonstockpiletradershomeVTB 24 Bankkvb kunlunColmexForest Park FXValbury CapitalDirectsharesETFinanceFXNetmorgan stanley wealth managementRobinhoodICICI DirectSaxo MarketsNadex
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Rating2.80/51.37/55.05/52.47/53.30/56.25/54.50/52.86/54.80/54.46/54.51/54.26/55.98/56.98/56.41/54.85/56.98/54.53/54.38/51.01/5
Minimum Deposit$250$0$250$250$250$250$250$100$250$100$10$15000$100$215$50$250$0$0$6500$250
Year Founded20102008201820162010202120132008201219902008200820072018201220122013199420122008
HeadquartersCyprusGRENADINESCyprusCyprusAustraliaUnited StatesRussiaRussiaSwitzerlandCyprusUnited KingdomUKAustraliaCyprusCyprusBelizeUSAIndiaDenmarkUSA
Regulated ByFinancial 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-F253UnregulatedFinancial 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-F297Cyprus Securities and Exchange Commission (CySEC)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-F301Financial 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-F312Financial 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-F328UnregulatedFinancial 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-F267Securities and Exchange Commission (SEC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA)The Portuguese Securities Market Commission (CMVM)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)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-F279Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial Conduct Authority (FCA)Unregulated
Clients10,000+10,000+30,000+10,000+60,000+10,000+1,000,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000,000+2,000,000+10,000+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 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. 83.88% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskAll investments involve risks, including the possible loss of capital.Your capital is at riskLosses can exceed depositsYour capital is at risk
Withdrawal FeesNoNoNoYesYesNoNoNoNoNoYesNoYesNoNoNoNoNoYesNo
Inactivity FeesYesYesNoNoNoYesNoNoNoNoYesYesNoNoNoYesNoYesYesYes
Deposit Fees2500250250250250250100250100101500010021550250006500250
CFD FeesYesNoNoNoNoNoNoNoNoNoYesYesNoYesNoYesYesNoNoYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoNoYesYes
Accepts PayPalYesNoYesNoYesYesYesNoYesNoNoNoNoNoNoYesNoNoNoNo
Accepts SkrillYesNoYesNoYesYesYesNoYesNoNoNoNoNoNoYesNoNoNoNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoNoYesYes
Accepts NetellerYesNoYesNoYesYesYesNoYesNoNoNoNoNoNoYesNoNoNoNo

Online Stock Trading In Sao Tome and Principe

Trading investments in Sao Tome and Principe is highly controlled and considered very secure. However, conscious that any investment can go down as well as up, so your capital is at risk.

If you're just starting out with online trading then it is advised to have a demo account with a controlled broker so that you are able to learn the systems without the danger of losing cash.

Live Forex Trading In Sao Tome and Principe

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

Forex (Abbreviation of Foreign Exchange) is a money exchange involving two distinct nations and the following management of the resulting position in which one currency gains and the other loses.

It's possible to do Live Forex Trading in Sao Tome and Principe using 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 trading partner in Sao Tome and Principe. When trading CFDs you are entering into an agreement 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 experienced online brokers like XTM or Trading212. It is a simple bet as to whether the price will go up or down.  Usually, the Sao Tome and Principe online trading platforms will display the prices you have.

If you are looking at how to do spread betting in Sao Tome and Principe then it is advisable to start with a demo account with either XM or 101Investing so that you can practice with fake money before risking your own capital.

Trading Shares in Sao Tome and Principe

Internationally, 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 brokers are highly regulated, professional 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 industry in Sao Tome and Principe are very mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Sao Tome and Principe.

The online platforms used by brokers in Sao Tome and Principe are extensively tested and highly rated & secure.

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

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

Challenges Of Trading in Sao Tome and Principe

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

Like every country there are challenges in Sao Tome and Principe financial markets but overall the outlook is positive. However, like in all global economic markets we recommend that any Online Trading Solutions in Sao Tome and Principe you decide to use, make sure you do your due diligence first before risking your money. We have collected 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, regulated and safe.

Trading in Forex is allowed in Sao Tome and Principe as for any company to trade globally, foreign currency must be exchanged. Any time you buy something and it's shipped from overseas, there will be numerous currency exchanges by multiple companies to receive that item to you.

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

Do Forex Traders Pay Tax In Sao Tome and Principe?

After a trader is successful and their gains reach a particular level then they can be taxed in Sao Tome and Principe according to the typical tax 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 ensure you are abiding by all current regional laws since it's very determined by your personal conditions.

Can You Trade Cryptocurrencies In Sao Tome and Principe?

Cryptocurrency markets in Sao Tome and Principe are quite new. As Cryptocurrencies work on decentralised assets in Sao Tome and Principe things like interest rate fluctuations and political instability do not impact them as much as the currency markets.

Cryptocurrencies are more popular with the younger generations and with increasing income levels and technology adoption, trading cryptocurrency in Sao Tome and Principe 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 Sao Tome and Principe?

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

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

Fast growing markets like India have a significant need for many fundamental raw materials for their population. This means that states like Sao Tome and Principe can take advantage of this situation.