Compare 4 Best CFD Brokers in Bolivia 2024

We review 63+ of the best CFD trading platforms in Bolivia to find the most secure brokers with low spreads.
By:
Updated: Jun 4, 2024
Listen

This detailed guide is the result of our extensive research. We’ve picked out the top CFD trading platforms that offer the best service to help you start CFD trading in Bolivia.

To identify the best services, we created a checklist of key criteria that a Bolivia CFD broker must meet in order to earn a high ranking. The features it must offer include:

  • Regulatory approval from the Financial Regulatory Authority (ASFI), the financial regulator in Bolivia
  • A low-cost way to trade CFDs in Bolivia
  • A free demo account for beginners
  • A significant number of available trading instruments, including stocks, forex, commodities, and crypto CFDs where available

The results are clear: Our panel recommends eToro as the best CFD broker in Bolivia for 2024.

Best CFD brokers Bolivia

Copy link to section

Alongside eToro , a number of other Bolivia CFD brokers impressed the experts. We rank these platforms highly, as CFD trading platforms in Bolivia that offer a secure, simple, and low cost trading experience.

Sort by:

1
Min. Deposit
$ 100
Best offer
User Score
9.9
Trade/invest in stocks with just $10
Invest for dividends and get payout on stocks on Ex-Dividend day
Over 11 payment methods, including PayPal
Start Trading
Payment Methods:
Bank Transfer, Debit Card, neteller, Credit Card, Wire Transfer, Sofort, Visa, Mastercard, American Express, Klarna, POLi, Przelewy24, Rapid Transfer, Trustly, Apple Pay, Google Pay, Discover, Maestro Master, Electron, Bank Transfer: SEPA, iDeal, Checkout, eToro Money, Payabl, Przelewy 24, ZotaPay, Worldpay, skrill
Full Regulations:
ASIC, CySEC, FCA

51% of retail CFD accounts lose money. Your capital is at risk.

2
Min. Deposit
$ 250
Best offer
User Score
9.8
Zero Commission when trading US shares, only £3 commission for UK shares. Additionally, there’s an FX conversion fee of just 0.5%
Explore a vast range of stocks with 13,000+ options, including popular companies like Amazon, Apple, Tesla, and Netflix.
Offers longer trading hours, allowing you to access markets even when they’re closed elsewhere.
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

3
Min. Deposit
$ 100
Best offer
User Score
9.2
Choose over 100 popular stock CFDs
Buy and Sell Stock CFDs with as little as £100
Zero Commissions – no hidden fees
Start Trading
Payment Methods:
Bank Transfer, Debit Card, PayPal, neteller, Credit Card, Wire Transfer, WebMoney, Visa, Mastercard, American Express, MoneyBookers, Rapid Transfer, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FSA, FSCA, MiFID
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our top 4 best CFD trading platforms in Bolivia, reviewed & compared

Copy link to section

1. eToro. Best for beginners, copy-trading & demo-account

Copy link to section

0% commission

Fees

$100

Minimum deposit

4,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.

Highlights

Visit eToro eToro Review

51% of retail CFD accounts lose money. Your capital is at risk.

2. IG Markets: Best for trusted and transparent CFD trading

Copy link to section

Fees

Minimum deposit

No. assets

No

Demo/virtual account

Pros & Cons

Intuitive web trading platform Excellent demo account available Variety of deposit and withdrawal options Wide variety of useful educational tools Trading platform tutorial to get you started
High fees for CFD trading Slow account opening process Limited product portfolio

Overview

We love IG because it’s one of the most established and reputable names in the online trading industry, known for its reliability, comprehensive market offerings, and strong regulatory compliance. IG offers CFD trading in stocks, indices, ETFs and more, with plenty of useful plugins and integrations to improve the trading experience.

One of the key strengths of IG Markets is its seamless integration with MetaTrader 4 (MT4), a popular third-party trading platform favored by many traders for its advanced charting tools, automated trading capabilities, and custom indicators. This integration allows users to leverage MT4’s sophisticated features while benefiting from IG Markets’ competitive pricing, reliable execution, and extensive market access.

Beyond its product range and platform integrations, IG Markets stands out for its commitment to education and customer support. The company offers a wealth of educational resources, such as webinars, tutorials, and market analysis, which help traders of all levels improve their knowledge and skills.

The fees: Each stock trade is charged a commission, which varies depending on whether it’s a US, UK, or European stock. In each case, a minimum charge applies, so every US stock trade is charged $15 commission or 2 cents per side of the trade, whichever is greater.

Highlights

Visit IG Markets IG Markets Review

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

3. AvaTrade. Best regulated broker for secure trading

Copy link to section

From 0.13%

Fees

$100

Minimum deposit

1,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Trade 1000+ CFDs with competitive spreads Regulated by Tier 1 financial bodies across the world Consistently highly rated trading platform on web and mobile Offers social trading through its proprietary AvaSocial platform
Spreads are competitive without being industry-leading Some assets are only available to trade through the MetaTrader software

Overview

We love AvaTrade because it offers powerful trading software to anyone who wants to trade professionally. AvaTrade is a CFD broker where you can trade more than 600 stocks from major global exchanges and all stock trades are commission free. 

AvaTrade integrates with trading software like MetaTrader 4 and 5 and boasts its own bespoke and award-winning mobile app software, AvaTradeGo. AvaTrade has been around since 2006 and is extensively regulated in Europe, Australia, Japan, British Virgin Islands, UAE, and South Africa.

The fees: There are no fees on any stock trading. AvaTrade makes money from the Bid/Ask spread instead. Stock spreads start from 0.13%. An inactivity fee of £50 per month is applicable if you don’t log in to your account for three consecutive months.

Highlights

Visit AvaTrade AvaTrade Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

4. Exness. Best for tight spreads and a pro-style trading experience.

Copy link to section

From $0.2 per lot

Fees

$10

Minimum deposit

300

No. assets

No

Demo/virtual account

Pros & Cons

Trade all major asset classes with zero commission Competitive spreads starting from 0.3 pips on standard accounts Highly flexible trading terminal available on mobile app, desktop, and web browser Top-tier regulation and negative balance protection
Restricted access in the US and UK

Overview

We love Exness because it offers tight spread trading and a bespoke trading experience. Exness offers 80+ stocks from leading US exchanges, including the likes of Apple, Amazon, and Google.

Exness offers a great range of pro-style trading tools and a variety of account types to suit all experience levels. Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the Exness terminal or plug it into the MetaTrader software and trade from there.

The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

Visit Exness Exness Review
Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.
Copy link to section

Yes, you can legally trade CFDs in Bolivia. However, certain aspects of CFD trading are regulated by the Financial Regulatory Authority (ASFI). The restrictions generally work in your favour, as they are designed to protect traders from large, unexpected losses.

Primarily this means there are limitations on the amount of leverage that CFD brokers in Bolivia can offer, along with a limit on the maximum losses any retail customer account can experience. In addition, they must clearly warn traders of the risks involved so you can make informed trading decisions.

How to find a reliable CFD broker in Bolivia

Copy link to section

The key features that separate the best CFD broker in Bolivia from the rest are security, cost, the range of markets available. Keep those in mind and you won’t run into too many problems. 

If you need more help making up your mind, use this short Q&A to find the best CFD trading platform in Bolivia.

Are CFD brokers in Bolivia regulated?

Copy link to section

Yes, CFD trading platforms in Bolivia are licensed and regulated by the Financial Regulatory Authority (ASFI). The Financial Regulatory Authority (ASFI) sets the rules on Bolivia CFD trading, such as how much leverage is available when you trade a contract for difference (CFD), along with which assets and markets are available.

How else do CFD trading platforms in Bolivia protect me?

Copy link to section

The top CFD brokers in Bolivia offer negative balance protection, which is a form of insurance that protects you from losing more money than you have in your account. This is particularly useful if you use leverage or short CFDs, as it’s possible to lose significantly more than the initial value of your trade.

A Bolivian CFD broker should also protect you by providing Two Factor Authentication (2FA) to secure your account and with a customer service line that’s always open and available to help. 

What types of Bolivian CFD brokers are there?

Copy link to section

Most of the time, you’re going to be dealing with market makers. A market maker is a CFD broker in Bolivia that effectively creates a market for any asset at all times, so you can always buy or sell.

Other forms of Bolivia CFD brokers include direct market access (DMA) brokers or STP/ECN brokers. These offer faster trade execution or allow you to buy and sell from other traders directly, rather than through an intermediary. Though the truth is that these services are geared towards professional or high volume traders, rather than casual users.

How much do CFD brokers in Bolivia cost?

Copy link to section

Most CFD brokers in Bolivia offer no-commission trading, so you don’t have to pay each time you make a trade. However, the costs come elsewhere, usually in the form of the spread.

The spread is the difference between the buy and sell price of a contract for difference (CFD). The best Bolivia CFD trading platforms make money by taking a cut of that difference, so you can compare the costs of using different platforms by comparing the spreads. The lower the difference between the buy and sell price, the more cost-effective a platform is.

Which assets can I trade through a Bolivia CFD broker?

Copy link to section

Any CFD broker in Bolivia will offer currency and commodity markets. CFDs are the most common way to trade forex and commodities like gold and oil.

Then the rules can change depending on the whims of the Financial Regulatory Authority (ASFI). Generally, you can trade stock CFDs, though the available companies may vary. In addition, you may be able to trade:

  • Crypto CFDs
  • ETF CFDs
  • Indices CFDs

Though the regulation for crypto CFDs, in particular, can change rapidly.

To buy and sell the underlying assets, rather than using CFDs, consider using the best trading platforms in Bolivia, the best forex brokers in Bolivia, or the best crypto exchanges in Bolivia.

Can I use leverage to trade CFDs in Bolivia?

Copy link to section

Yes, it’s common and legal to trade CFDs with leverage in Bolivia. The maximum permitted leverage is set by the Financial Regulatory Authority (ASFI), and all CFD brokers in Bolivia must abide by those rules.

In reality, each CFD broker in Bolivia also offers differing leverage on different assets. Currency pairs offer the most leverage, as it’s a vital part of successful forex trading, while stock and crypto CFDs generally offer the lowest.

Are there any other ways to trade?

Copy link to section

Yes, one of the most appealing aspects of CFD trading for beginners is the fact you can use CFDs to trade for and against the market. Shorting is when you place a trade on an asset or market to fall in value, and is a very popular way to trade.

Because of that, you can also use CFDs to hedge other trades that you have open. This is where you place a trade on the opposite position to one you made previously. It’s used as a risk management strategy to minimise losses or lock in profit in case something changes.

Do CFD platforms in Bolivia offer professional trading accounts?

Copy link to section

Yes, generally they do, although the qualifications can be steep. Most of the best trading platforms in Bolivia offer a retail account to all users, then provide faster execution speeds or lower spreads to high volume users who must meet certain capital requirements.

These accounts are only accessible to a small number of people, who have both significant starting funds and a high annual turnover. Unless you can supply the equivalent of at least $500,000 as a qualifying deposit, it’s unlikely you’ll be able to sign up to a professional account with any Bolivian CFD provider.

How to start trading CFDs in Bolivia

Copy link to section

Follow this guide to learn how to use a CFD trading platform in Bolivia and to place your first CFD trade.

Step 1. Create an account

Copy link to section

Choose the best CFD broker in Bolivia and sign up with your email and contact details. You may be asked to supply some photo ID to meet Financial Regulatory Authority (ASFI) regulations.

Step 2. Deposit some money

Copy link to section

Fund your account with your favoured payment method. Most CFD brokers in Bolivia accept bank transfers, card payments, and some e-wallets like PayPal.

Step 3. Choose what to trade

Copy link to section

Search for the asset you want to trade. Stock CFDs can be found by searching for the correct ticker symbol, and the same is true for currency pairs, commodities, and crypto CFDs as well.

Step 4. Decide whether to go long or short, and set your position size

Copy link to section

Choose whether to buy (go long) or sell (short) the asset. Then enter how much you want to trade (this is known as the ‘margin’) and how much leverage you want to use.

Step 5. Finalise the trade

Copy link to section

Check the details and execute the trade once you’re happy with it. After that, keep monitoring the position regularly until you’re ready to close it out. Consider setting stop-loss limits to protect you from unexpected swings in the market.

Choose a CFD broker

To summarise

Copy link to section

CFD trading is a popular and accessible way to trade for all Bolivia users, but there are a few risks as well. Bolivian CFD providers give you access to global markets and a greater range of trading options, so you can back markets to go both up and down.

However, using leverage can lead to significant losses and, with CFDs, you don’t own the underlying assets themselves, so you have less investor protection than – for example – company shareholders.

This guide picks out the 4 best CFD brokers in Bolivia, based on their cost, accessibility, and the range of products available. Once you fully understand the pros and cons, choose any of the top CFD trading platforms above to get started with. It only takes a few minutes to start trading CFDs in Bolivia. 

FAQs

Copy link to section
Which CFD broker in Bolivia has the lowest spreads?
Which CFD broker in Bolivia has the most stocks to trade?
Which CFD trading platform in Bolivia has the best mobile app?
Which CFD broker in Bolivia has the best leverage & margin rates?
Do I have to pay tax on money I make from CFD trading in Bolivia?


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.