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

Best Solomon Islands online trading platforms
The Best Solomon Islands Online Trading Platforms 2021

This guide to the best brokers in Solomon Islands has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent details about finding a reputable online broker in Solomon Islands.

If you are a new entrant into the world of trading and broker, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will get adept skills at all the concepts of broker as you continue trading. For starters, you need to choose the best agent in Solomon Islands who will be clear with you constantly.

In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan is key to your success.

We currently have 19 Brokers from our research that we believe are the Reputable Trading Patforms in Solomon Islands

Who’s The Top Solomon Islands Online Brokers?

This guide has been collated to help you find an experienced Solomon Islands broker. When searching for an experienced, reliable broker in Solomon Islands it can be quite confusing.  Below we explain what your broker options are in Solomon Islands and what Solomon Islands brokers can do for you.

We currently have 19 Brokers in our database that we think are the Professional Online Brokers in Solomon Islands

ExanteEuro Pacific BankBlackwell GlobalNabtradeBeeOptionsCapital SV InvestmentsCIM BanqueVantage FXAlly investOctaFXFxProFP MarketseasyMarketsAdmiral MarketsInteractive InvestorRoboforexTrade.comWIT InvestAlpha Capital Markets
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Rating4/54/54/54/51/54/54/54/54/54/54/54/54/54/54/54/54/54/54/5
Minimum Deposit$500$100$500$100$0$200$100$200$500$5$100$100$100$200$1$1$1$100$0
Year Founded2008197820102008200419221995200820132011200620052001200119952009200920081999
HeadquartersMaltaPuerto RicoCyprusUSACyprusCyprusGenevaAustraliaUnited StatesSt. Vincent and the GrenadinesUKAustraliaCyprus, AustraliaUKUKCyprusCyprus, UKSaint Vincent and the GrenadinesUK
Regulated ByMalta Financial Services Authority (MFSA)Office of the Commissioner of Financial Institutions (OCIF)Financial Conduct Authority (FCA)UnregulatedCyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC)Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC)Australian Securities & Investment Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)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)Cyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC)UnregulatedUnregulated
Clients10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+30,000+10,000+10,000+142,500+10,000+10,000+10,000+10,000+10,000+10,000+
Risk WarningYour 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 riskLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskLosses can exceed depositsLosses can exceed depositsLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at risk
Withdrawal Fees$32.99variableYesvariablevariable$200variable0250NoNoNoNoNoNoYesNovariablevariable
Inactivity FeesNoNoYesNoNoNoWe do not charge an inactivity fee as such, but our standard quarterly fee will be collected regardless of activity on the account.NoYes
Deposit Fees500100500100020010020050051001001002001111000
CFD FeesNoNocharge commissions on cTrader onlyYesNoYesNo
Accepts Credit CardsYesYesYesYesYes
Accepts PayPalNoYesNoNoNo
Accepts SkrillNoYesYesYesNo
Accepts PayoneerNoNoYesYes
Accepts NetellerYesYesYesYesYes

Online Share Trading In Solomon Islands

Trading Assets in Solomon Islands is highly regulated and considered quite secure. However, be aware that any investment can go down as well as up, so your capital is in danger.

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

Live Forex Trading In Solomon Islands

Forex is the biggest 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 currency exchange between two distinct countries 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 Solomon Islands using professional online agents

Live CFD Trading In Solomon Islands

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

Spread Betting in Solomon Islands 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.  Usually, the Solomon Islands brokers will display the prices you have.

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

Trading Shares in Solomon Islands

Internationally, Solomon Islands is considered safe to do online trading and has access to other global financial centers. In Solomon Islands, online brokers 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 Solomon Islands are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Solomon Islands.

The online trading solutions used by brokers in Solomon Islands are thoroughly tested and highly rated.

Whichever Online Trading Brokers in Solomon Islands you decide to use, make sure they have all of the below:

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

Challenges Of Trading Online in Solomon Islands

The US Dollar is considered the base currency globally so even a slight change in the US financial markets could affect the economic markets in Solomon Islands. The EU is also a large economy and changes there may affect the economic markets in Solomon Islands.

Like every country there are opportunities in Solomon Islands economic markets but overall the outlook is great. However, like in all global economic markets we recommend that any Online Trading Platforms in Solomon Islands you decide to use, make sure you do your due diligence first before risking any real money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Solomon Islands.  We hope that by reading this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Solomon Islands

Is Forex Trading Legal In Solomon Islands?

There is a growing misconception that trading Forex in Solomon Islands is considered unsafe. This isn't the case, Forex Currency trading in Solomon Islands is very active, regulated and safe.

Trading in Forex is permitted in Solomon Islands as for any business to trade globally, foreign currency must be exchanged. Whenever you purchase something and it's sent from overseas, there'll be numerous currency exchanges by multiple businesses to receive that thing to you.

The main thing is that when trading Forex in Solomon Islands you select one of the best online agents.

Do Forex Traders Pay Tax In Solomon Islands?

Once a dealer is successful and their gains reach a particular level then they can be taxed in Solomon Islands as per the typical taxation rules.

Tax returns must always be registered even if there's a reduction. You should seek advice with a documented accountant in Solomon Islands to make certain you're abiding with present regional laws as it is extremely determined by your personal circumstances.

Can You Trade Cryptocurrencies In Solomon Islands?

Cryptocurrency markets in Solomon Islands are rather new. As Cryptocurrencies work on decentralised resources in Solomon Islands things like interest rate fluctuations and political instability don't impact them as much as the fiat markets.

Cryptocurrencies are more popular with the younger generations as well as growing income levels and technology adoption, trading cryptocurrency in Solomon Islands is increasing day by day. It is still small compared to the Forex markets however about $6 billion USD of Bitcoin is traded daily.

Can You Trade Commodities In Solomon Islands?

Commodity trading in Solomon Islands involves trading in matters like precious metals, energies and agricultural commodities.

Some products like agricultural are seeing exponential growth inSolomon Islands.

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