The best brokers in Venezuela to invest in the stock market in 2024

best brokers venezuela

✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

Despite the economic situation in different Latin American countries, the democratization of financial services has made it possible for us to invest in the stock market from Venezuela. That's why today we tell you which are our recommended brokers for Venezuela.

Capitalix

Broker: Capitalix

recommended capitalix

Regulatory: FSA

fsa seychelles

Leading: Own Platform

recommended capitalix

Minimum deposit: $ / € 0

Overall rating:

Leverage: Up to 1:200 (Forex), 1:100 (Indices), 1:20 Stocks, 1:5 (Crypto)

DEMO account: Yes

We will start this broker comparator talking about Capitalix, an Online platform which integrates important functionalities such as:

  • It is a broker regulated by the FSA.
  • It guarantees a separation of funds between those of the company and those of its clients.
  • It uses the most advanced security protocols in the sector to guarantee secure transactions.
  • It will also protect you against negative balances.

Capitalix allows trading in more than 150 financial assets, including Forex, Cryptocurrencies, stock indices and precious metals.

Here you can see a complete review of Capitalix.

Equity

BrokerEquity

scam equity

Regulatory: FSC

fsc mauritius

Leading: Web trader

scam equity

Minimum deposit: $100

Overall rating:

Leverage: Up to 1:200

DEMO account: Yes

We will continue with our broker comparison talking about Equiity, a platform specialized in trading, thanks to focusing on the user experience with an intuitive platform, low commissions and making easy-to-interpret graphs and indicators available.

Equity It is a regulated broker. Among its security functions is perfectly separating the funds of the clients and those of the company, so that they do not mix and you can be sure that these funds are taken care of.

In addition, the platform is effective and is constantly evaluated to provide you with the best experience for your clients with competitive prices, an attractive commission structure and 100% transparent procedures.

Here you can see a full review of Equiity.

eToro

Exchange: eToro

etoro 3

✓ Regulatory:


 FCA

fca

Minimum deposit:

 $ / € 0

✓ Commissions:

1% per trade

✓ Valuation:

The last of our recommended brokers is eToro, a platform that provides support for more than 30 million users who can invest in 3000 assets safely.

This platform allows you to diversify your portfolio, and you can even invest in fractional shares with 0% commission.

eToro relies on the wisdom of the community, as you will be able to share and learn from the experience of other successful traders.

Here you will see a full review of eToro.

XTB

Broker: XTB

xtb 3

Regulatory: CySEC

cyst 1

Leading: MT4

metatrader 4

Minimum deposit$ / € 250

✓ Overall assessment:

Leverage: Up to 1: 500

DEMO account: Yes

XTB is one of the best platforms to invest in the stock market Mainly because of its low commissions, you can even invest in fractional shares without charging commissions.

Its large number of financial instruments reach 5800, making it a platform where you can diversify earnings, taking everything you need with you, even from your mobile phone.

Here you can see a complete review of XTB.

What are brokers?

The broker is an Anglo-Saxon term used to talk about an intermediary or broker, which is in charge of regulating and operating in the financial markets on behalf of its clients.

A broker executes the operations that we request, so it is the link through which the trader performs his operations

What platforms to invest in the stock market?

One of the most important aspects to determine which are the appropriate platforms to invest in the stock market is to look for regulated entities, since the best brokers have regulations from viable international institutions, even several of them.

A regulated Online broker guarantees that there is an organization that supervises and authorizes their activities, validating that their services are legal, that they provide the necessary support for their clients and, above all, that they are free of fraud.

Broker Types

The main types of Brokers are:

Dealing Desk: They have their own trading desk and can act in coordination with the client.

No Dealing Desk: They do not have a trading desk and are only an intermediary between clients and orders in terms of the market.

Best platforms for trading

The best platforms for Trading integrate various additional services by acting as intermediaries, among which are:

  • Training program.
  • Access to news in real time.
  • webinars.
  • Market indicators.
  • Economic calendar.

Each of these tools add value to the client, making their platform one of the best brokers for Venezuela.

How to choose the best broker?

To choose the best broker you should take into account the following tips:

  • Choose a broker that has a regulation from a reputable entity.
  • Check who is storing the funds, make sure they are separate from the operating company account.
  • Check Reviews and opinions of other users.
  • Thoroughly analyze the terms and conditions of the broker.
  • Evaluate the collection of commissions.
  • Make sure it has support for the financial instruments of your choice.
  • Take a look inside the platform and familiarize yourself with its tools and instruments.

Which is the safest?

Any regulated by a prestigious institution is safe and our recommended brokers for Venezuela have reputable international regulations.

Forex market hours

Forex hours in Venezuela depend on United States time. During the American summer, the New York Stock Exchange opens at 6 PM on Sunday and closes at 6 PM on Friday.

As for winter hours, the New York Stock Exchange opens at 7 PM Venezuelan time and closes at 7 PM on Friday.

FAQs

Which broker is right for me?

We recommend any of the best brokers in Venezuela published in this article.

Which broker charges less?

The ones that charge less are the unregulated ones, however we do not recommend it, because they can be a scam and do not ensure control of your funds. However, if you want an economic broker we recommend Capitalix or InvestFW.

What brokers are regulated in Venezuela?

Due to the economic restrictions in force in the country, there is no organization dedicated to regulating and monitoring international financial services such as Forex brokers; however, you can use well-reputed international organizations that regulate brokers.

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About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

4 comments on «The best brokers in Venezuela to invest in the stock market in 2024»

    • Robert Falcon Reply

      Hello Larryperon, I am Roberto Falcon, I live in Caracas where you are located here in Venezuela, I want to enter this world of trading.

      • Mary Medina

        Hello Roberto, I am also from Venezuela, if you want to enter the world of trading or want to follow signals from expert traders, I know a couple who are from here in Venezuela…

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