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

The best Uruguay online trading platforms
The Best Uruguay Online Trading Platforms 2021

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

This guide contains the most recent information about finding the top trading patforms in Uruguay.

If you are a new entrant into the world of trading and brokerage, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You will get proficient skills at all the concepts of broker since you continue trading. For starters, you have to select the top broker in Uruguay who will be clear with you always.

Within this fast-paced world 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 21 Brokers in our database that we believe are the Professional Trading Patforms in Uruguay

Finding The Professional Uruguay Online Brokers?

This guide has been designed to help you find an experienced Uruguay broker. When searching for an experienced, reliable broker in Uruguay it can be very confusing.  Below we explain what your broker options are in Uruguay and what Uruguay online trading platforms can provide you.

A free trial of at least three weeks is a good way to understand the quality and reliability of any Uruguay broker. Before making any final decisions, you want to be able test the tradins platform's and software in real-time but with little risk. A demo account allows you to experiment with the software and see how comfortable you are with its tools. A high-quality broker in Uruguay should make it as simple as possible for any trader. They shouldn't have to do extensive research nor set up multiple accounts before they let you start trialling their tools.

We currently have 21 Brokers that we think are the Reputable Trading Patforms in Uruguay

UstocktradeWorld Forex Reviewfx central clearingEvans and PartnersWealthfronthighlowFP MarketsZerodhaETFinancelandfxCharles SchwabBettermentgrand capitalmacquarie securities limitedsucden financialDF Marketstrio marketsHugos Wayinvest azumarketsBNP Paribas
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Rating6.41/55.71/55.00/53.88/54.08/54.60/55.85/54.58/56.98/55.85/54.23/52.68/56.55/54.65/56.15/55.33/54.60/55.85/54.85/54.20/55.78/5
Minimum Deposit$0$100$250$500$500$250$100$0$215$250$25$0$250$250$250$1$250$50$250$250$100
Year Founded200820082015201220082011200520102018201320102008201920192011201020152017201820182004
HeadquartersUnited StatesVanuatuPortugalUSAUSAAustraliaAustraliaIndiaCyprusLebanonUnited StatesUSARussiaUnited StatesPuerto RicoUKAustraliaSt. Vincent and the GrenadinesUnited KingdomBulgariaUK
Regulated BySecurities and Exchange Commission (SEC)Vanuatu Financial Services Commission (VFSC)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-F234UnregulatedUnregulatedFinancial 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-F254Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeCyprus 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-F268Commodity Futures Trading Commission (CFTC)UnregulatedFinancial 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-F250Financial 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-F274Financial 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-F314Financial 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-F330UnregulatedFinancial 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-F261Financial 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-F333Financial Conduct Authority (FCA)
Clients10,000+10,000+30,000+10,000+10,000+150,000+10,000+1,500,000+10,000+14,000+10,000+10,000+10,000+10,000+200,000+10,000+10,000+14,000+10,000+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 riskLosses can exceed depositsYour 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 riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskTrading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.Your capital is at riskYour capital is at riskYour capital is at risk
Withdrawal FeesNoYesNoNoYesNoNoNoNoNoYesYesNoYesYesNoYesNoNoYesNo
Inactivity FeesNoNoYesYesNoNoNoNoNoNoYesNoNoNoNoNoNoNoYesYesNo
Deposit Fees01002505005002501000215250250250250250125050250250100
CFD FeesNoYesNoYesYesYesYesYesYesNoNoNoNoYesNoNoYesNoNoNoYes
Accepts Credit CardsYesYesYesYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoYesNoNoYesYesNoNoYesNoNoYesYesYesNoYesNoYesYesNo
Accepts SkrillNoNoYesNoNoYesYesNoNoYesNoNoYesYesYesNoYesNoYesYesNo
Accepts PayoneerYesYesYesYesYesYesNoNoYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoNoYesNoNoYesYesNoNoYesNoNoYesYesYesNoYesYesYesYesNo

Online Stock Trading In Uruguay

Trading stocks and shares in Uruguay is highly controlled and considered very secure. But, as always, that any investment can go down as well as up, so your capital is at risk.

If you are just starting out with online trading then it is advised to have a demo account with a regulated agent so you can learn the strategies without the risk of losing money.

Live Forex Trading In Uruguay

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

Forex (Abbreviation of Foreign Exchange) is a currency exchange involving two different nations and the next management of the consequent position in which one currency gains and the other loses.

It is possible to do Live Forex Trading in Uruguay with professional online agents

Live CFD Trading In Uruguay

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

Spread Betting in Uruguay is possible using trusted online brokers like plus500 or Trading212. It is a simple bet as to whether the price will go up or down.  Normally, the Uruguay online brokers will show the prices you have.

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

Trading Stocks in Uruguay

Globally, Uruguay is considered safe to do online trading and has access to other global financial centers. In Uruguay, online brokers are highly regulated, professional and supportive. 

However, it is always important to be as informed as possible so below are some of the most important things a trader should know:

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

The online platforms used by brokers in Uruguay are thoroughly tested and highly rated.

Whichever Online Trading Solutions in Uruguay you decide to use, ensure they have all of the below:

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

Challenges Of Using Online Trading Platforms in Uruguay

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

Like all countries there are challenges in Uruguay financial markets but overall the outlook is good. However, like in all global financial markets we recommend that any Online Trading Brokers in Uruguay you decide to use, make sure you do your homework 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 Uruguay.  We hope that by using this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Uruguay

Is Forex Trading Legal In Uruguay?

There's a growing misconception that trading Forex in Uruguay is deemed unsafe. This is not the case, Forex trading in Uruguay is very active, regulated and safe.

Trading in Forex is permitted in Uruguay as for any business to trade globally, foreign currency has to be exchanged. Any time you buy something and it is sent from abroad, there will be numerous currency exchanges by multiple businesses to get that item to you.

The important issue is that if trading Forex in Uruguay you select one of the top online agents.

Do Forex Traders Pay Tax In Uruguay?

Once a trader is successful and their gains achieve a certain level then they may be taxed in Uruguay as per the typical taxation rules.

Tax returns must always be registered even if there is a loss. You should seek out advice with a registered accountant in Uruguay to make certain you're abiding by all present regional laws since it's very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Uruguay?

Cryptocurrency markets in Uruguay are rather new. As Cryptocurrencies operate on decentralised assets in Uruguay things like interest rate fluctuations and political instability don't affect them as far as the currency markets.

Cryptocurrencies are more popular with the centuries and with growing income amounts and technology adoption, trading cryptocurrency in Uruguay is rising day by day. It's still small in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Uruguay?

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

Some products like agricultural are seeing exponential growth inUruguay.

Fast growing markets like India have a significant demand for many basic raw materials because of their population. This means that countries like Uruguay can benefit from this circumstance.