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.
AvaTrade are an award-winning, reputable online broker with worldwide acclaim. They are amongst the top brokers for traders in Chile due to their experience, range of products and services, and regulatory status. The international AVA Trade Ltd company is based in the British Virgin Islands, regulated by the BVI Financial Services Commission, with regional offices located around the world. Customers from Chile can benefit from a local office in Santiago, and a dedicated Spanish language website. Direct customer helplines are also available within Chile.
Customers have access to more than 250 financial instruments across different markets through the AVA Trade platforms. These instruments include cryptocurrencies, stocks, shares, indices, and bonds. Forex trading can also be pursued by customers via the well-known MetaTrader 4 platform. AVA Trade’s platforms can be directly accessed via a web browser, and can also be downloaded to mobiles and tablets as an app. Extensive educational materials can be found on AvaTrade’s website such as free webinars, videos, articles, market analysis, and eBooks. A dedicated learning platform, SharpTrader, can be used by clients wishing to learn more about trading.
Additionally, a free demo account is available for 21 days to allow traders to put their skills to the test. AvaTrade accepts two primary deposit methods globally. These are wire transfers and debit or credit cards. For customers in Chile, electronic payments are also accepted from providers such as PayPal and Neteller.
XTB are one of the largest providers of contracts for difference (CFDs) and Foreign Exchange services (Forex). Their offices are in locations around the world, including the UK, France, Spain, Belize and Chile. A Spanish version of the website is available for Chilean clients, and other traders from Latin America. The Latin American products and services are offered through XTB International Limited, which has its registered office in Belize and is authorised and regulated by the International Financial Services Commission (IFSC) of Belize. The XTB entities are also regulated by some of the most respected financial services authorities around the world, including the UK’s Financial Conduct Authority, Poland’s Komisja Nadzoru Finansowego (KNF), and the Spanish National Securities Market Commission. This demonstrates the Group’s commitment to the customer, and provides traders with the confidence that their interests are being protected by the stringent regulations with which they are required to adhere.
The XTB xStation 5 platform has won the prestigious Best Trading Platform award in 2016, thanks to its user-friendly interface, customisable features, ultra-fast trade execution, and many other advanced features, including charting and performance statistics. XTB also provide access to MT4, which is well recognised within the industry for being a powerful FX platform. The XTB offering comes with enhanced features and covers indices and commodities, as well as Forex. Expert advisors can be used with the MT4 platform, and no requotes will be given in times of market volatility as the trades are executed with no dealing desk.
Some of the popular products available to trade through the Latin American XTB website include American Airlines CFD, Facebook CFD, the USD/JPY Forex pair, plus commodities such as gold, silver, and oil.
Through XTB, traders can have access to one of the top trading academies, Metodo Trading. This is available in the Spanish language and is therefore ideal for traders from Chile who wish to learn more about the industry.
Forex.com scored best in our review of the top brokers for chile , 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,|