CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data. *Availability subject to regulation.
IG is an online trading platform provider, allowing traders access to a myriad of financial markets using the latest technology. They offer contracts for difference (CFDs) on many financial instruments such as stocks, indices, commodities, and currencies. These allow traders to speculate on the movements of a broad range of asset types, irrespective of the direction the markets move in, rather than taking ownership of the underlying financial instruments and being restricted to benefit from bull movements only.
Just some of the products that customers from Argentina can benefit from include the Global X Funds – Global X MSCI Argentina ETF (Exchange-Traded Fund) and the Petrobras Argentina SA – ADR which is available as a CFD or a spread bet DFB (daily funded bet).
The IG website is available in Spanish, which is ideal for clients from Argentina as this is the official language in the region. With more than 15,000 different markets available, the large volume of information on the website is useful for helping traders to conduct well-informed trades.
As well as working from desktop computers, the IG platforms are available as a simple to use app which can be downloaded from the Google Play Store and the Apple App Store.
With over 40 years of experience, IG have built up a client base of around 185,000 traders from around the world. Their regulation from the world’s most respected regulators, including the Financial Conduct Authority (FCA) allow clients ensure fair the treatment of customers and their client money. The FCA supervise close to 60,000 financial services firms and financial markets within the UK alone. It should also be noted that IG are signed up to the FX Global Code of Conduct, which demonstrates their commitment to fair client outcomes. This sets a common set of guidelines for good practice in the financial markets.
AvaTrade is another online trading broker offering their services in Argentina. The company’s website has multilingual support and a dedicated website is available for 23 different world regions. A South American regional website is in Spanish, which is ideal for Argentinian traders. Their international office is registered in Belize and regulated by the BVI Financial Services Commission. Additionally, AvaTrade have headquarters in Dublin and are authorised by the Central Bank of Ireland. They are able to passport their services throughout the EEA under the Markets in Financial Instruments Directive. AvaTrade subsidiaries are also authorised by regulatory authorities in Australia and Japan. This worldwide collection of respected supervisory bodies ensure that the AVA Trade Group offer optimum protection to clients around the world.
The company were founded in 2006 have since acquired a large base of registered clients from around the globe, who trust AvaTrade with their trading operations. With more than 250 financial instruments available to be accessed through AvaTrade’s platforms, customers can use contracts for difference (CFDs) to speculate on movements in indices, cryptocurrencies, stocks, bonds and Exchange-Traded Funds (ETFs).
The company’s website also provides thorough educational resources for traders such as explanatory videos, eBooks, detailed market analysis, webinars, and in-depth articles. AvaTrade offer support for multiple platforms including desktop computers, mobiles and tablets.
Traders from Argentina can set up an account with a minimum deposit of just US$100 when using a debit or credit card to transfer the funds. If a wire transfer is used, then this increases to US$500. Customers outside of Australia and Europe can also fund their account using PayPal and other electronic payment methods. Instead of US dollars, traders can alternatively select GBP, EUR or AUD as the base currency for their account if this is more suitable.
An AvaTrade demo account can be opened without the need to deposit any funds. This account is available for 21 days, however this period can be extended by contacting customer services. A digital currency amount of $100,000 is available within the account, and the demo platform uses the same live price feed as the real account, so traders can get a full understanding of the live trading environment.
Forex.com scored best in our review of the top brokers for argentina , which takes into account 120+ factors across eight categories. Here are some areas where Forex.com scored highly in:
Forex.com offers one way to tradeForex . If you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
Forex.com have a AAA trust score . This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19
|Regulated by||Financial Conduct Authority|
|Uses tier 1 banks|
|Segregates client funds|
Want to see how Forex.com? We’ve compared their spreads, features, and key information below.
|USD/JPY Spread||0.90||DAX Spread||250.0|
|FTSE 100 Spread||150.0|
|Platform||MT4, Web Trader, NinjaTrader, Tablet & Mobile apps|
|Base currency options||USD, GBP, EUR|
|Funding options||Bank transfer, Cheque, DebitCard,|