Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
5 Best Trading Platforms in Eritrea for 2025
In this guide
- 1. 5 Best Trading Platforms in Eritrea for 2025
- 2. What is the best stock trading app in Eritrea?
- 3. Are stock brokers in Eritrea regulated?
- 4. How much does it cost to use an online trading platform in Eritrea?
- 5. How much money do I need to start trading?
- 6. More about stock trading platforms in Eritrea
- 7. How to buy stocks in Eritrea
- 8. How we chose the best online trading platform in Eritrea
- 9. FAQs
Our rankings reveal that the best online broker in Eritrea is eToro .
Our trading experts chose this broker because it offers low fees, a reliable trading environment, excellent educational resources, and easy access to global financial markets.
We frequently test the best trading platforms & online brokers, and survey our Eritrean users to gather their thoughts and feedback on each of the top trading apps in Eritrea.
Armed with that information we created a final ranking to answer the question: what are the best online brokers in Eritrea for Eritrean users?
What is the best stock trading app in Eritrea?
Copy link to sectionThese are the brokers that we rank as the overall best online trading platforms in Eritrea.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
AvaTrade
Top 5 online brokers in Eritrea, reviewed & compared
Copy link to sectionWe found 9 online brokers for users based in
1. eToro. Best for beginners, copy-trading & demo-account
Copy link to sectionOverview
We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.
The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.
One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.
If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.
Highlights
No. of tradable assets | 3600+ |
Min. Deposit | $100 |
ID verification required | Yes |
Free demo account | Yes |
Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | ASIC, FCA, CySEC, FinCEN |
Fees & Costs
Trading fees | Yes, on certain assets |
Inactivity fees | Yes |
Rollover/overnight fees | Yes, on CFDs |
Withdrawal fees | Yes |
Spreads | Yes, on certain assets |
Conversion fees | Yes, for non-USD currencies |
Pros & Cons
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
2. AvaTrade. Best regulated broker for secure trading
Copy link to sectionOverview
We love AvaTrade because it is a reliable CFD broker, that gives users access to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on the price movements of various stock markets without owning the underlying assets. AvaTrade is a multi asset brokerage firm and includes CFDs on hundreds of global stocks including Google, Apple, Microsoft, and more.
AvaTrade is also highly regarded for its strong regulatory framework and commitment to security. AvaTrade is regulated in multiple jurisdictions, including Europe, Australia, Japan, South Africa, and the British Virgin Islands, which means it must adhere to stringent regulatory standards across the world.
AvaTrade isn’t just well regulated, it also employs advanced security measures to protect client funds and personal information, including segregated accounts and robust encryption technology.
The fees: There is no commission on any trading. AvaTrade makes money from the Bid/Ask spread instead. Stock spreads start from 0.13. Positions left overnight are charged a swap fee that varies depending on size. An inactivity fee of £/€/$50 per month is applicable if you don’t log in to your account for three consecutive months.
Highlights
No. of tradable assets | 1250+ |
Min. Deposit | $100 |
ID verification required | Yes |
Free demo account | Yes |
Supported assets | Stocks, Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Commodity CFDs, Index CFDs |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | FSCA, FSA, ASIC, CBI, MiFID, CySEC, BVIFSC, FRSA |
Fees & Costs
Trading fees | No |
Inactivity fees | Yes |
Rollover/overnight fees | Yes |
Withdrawal fees | No |
Spreads | Yes |
Conversion fees | No |
Pros & Cons
3. Exness. Best for tight spreads and a pro-style trading experience.
Copy link to sectionOverview
We love Exness because of its tight spreads, which make it a top choice for traders looking to minimize trading costs and maximize profitability. The brokerage offers some of the most competitive spreads in the industry, especially on markets like crypto. Excess offers 35+ cryptocurrencies via CFDs from various markets including metals, energy, and agriculture.
Its focus on low trading costs is ideal for both newbies and experienced traders looking to trade with minimal overheads. Exness also stands out for its range of trading terminals. It offers MetaTrader 4, MetaTrader 5, and the Exness web terminal. There’s also a dedicated mobile app meaning you’ll be able to always access your account.
Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the hundreds of pre built indicators available on the MetaTrader suite.
The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks, 1 pip on forex trades, and 7 pips on cryptocurrencies. Overnight fees apply on some assets (exc. swap-free accounts).
Highlights
No. of tradable assets | 250+ |
Min. Deposit | From $10 |
ID verification required | Yes |
Free demo account | Yes |
Supported assets | Stocks, Crypto, Commodities |
Mobile trading app | Yes |
Web trading platform | Yes |
Regulatory bodies | FSCA, FCA, CySEC, FSA, BVIFSC |
Fees & Costs
Trading fees | Standard accounts: no Professional accounts: yes |
Inactivity fees | No |
Rollover/overnight fees | Standard accounts: Yes, on some assets Islamic accounts: no |
Withdrawal fees | No |
Spreads | Yes |
Conversion fees | No |
Pros & Cons
4. FP Markets. Best for low spread & 0-pip trading
Copy link to sectionOverview
We love FP Markets because it uses cutting-edge technology to ensure all forex trades are executed at lightning fast speed. It’s an award-winning broker and offers over 60 currency markets with spreads starting from zero pips and leverage up to 500:1.
FP Markets has zero restrictions and allows all trading styles, including scalping and running expert advisors. It integrates with the popular MetaTrader 4 platform and has its own technology-driven charting package. For beginners, FP Markets offers a free copy trading service where you can mirror profitable users’ trades directly in your own account.
The fees: FP Markets has two account types with different fees for forex trades. Its standard account has zero commission but has spreads starting from 0.9 pips. Its Raw account gives access to its ECN trading platform and charges $3 per side (per lot) for every forex trade.
Highlights
No. of tradable assets | |
Min. Deposit | |
ID verification required | No |
Free demo account | No |
Supported assets | |
Mobile trading app | No |
Web trading platform | No |
Regulatory bodies |
Pros & Cons
Which trading app in Eritrea has the best user reviews?
Copy link to sectionWe collected feedback from real users in Eritrea, focusing on customer support, ease of withdrawing funds, non trading fees, and overall satisfaction with the broker’s services.
Here is a summary of what Eritrean users had to say about their favorite trading platforms.
Review source | eToro rating | AvaTrade rating |
---|---|---|
Trustpilot | 4.4 | 4.7 |
Google Play Store | 4.1 | 4.0 |
App Store | 3.8 | 4.4 |
View more > | eToro > | AvaTrade > |
Are stock brokers in Eritrea regulated?
Copy link to sectionYes. Reliable brokers in Eritrea must be regulated by top tier authorities.
These include Bank of Eritrea (BOE) or international regulators like CySEC (Cyprus Securities and Exchange Commission).
Always confirm your broker’s regulatory status through the Bank of Eritrea (BOE) database before you begin online trading.
The best brokers in Eritrea are regulated by the Bank of Eritrea (BOE), which provides a license for these firms to operate and governs their actions in order to protect investors.
Use the Bank of Eritrea (BOE) database to check if your favourite online broker is regulated to operate in Eritrea (each company has a registration number, and you can search this to find out if it’s got a license).
Here are the best online brokers in Eritrea and where they’re regulated across the world.
Region | eToro regulators | AvaTrade regulators |
---|---|---|
Africa | – | FSCA |
Asia | – | FSA |
Australasia | ASIC | ASIC |
Europe | FCA, CySEC | CBI, MiFID, CySEC |
International | – | BVIFSC, FRSA |
North America | FinCEN | – |
South America | – | – |
View more > | eToro > | AvaTrade > |
How much does it cost to use an online trading platform in Eritrea?
Copy link to sectionIt is normally free to sign up to a stock trading platform in Eritrea. Some of the costs you may incur include:
- Trading fees: Usually 1–2% per trade, though some brokers offer commission-free trading.
- Spreads: The spread is the difference between the buy and sell prices of trading instruments. Lower spreads offer better value.
- Non trading fees: These might include inactivity charges, swap rates for holding positions overnight, and account maintenance fees.
Here’s a quick comparison of costs from our top-ranked Eritrean brokers, so you can easily choose the most cost-effective option.
Asset | eToro fees | AvaTrade fees |
---|---|---|
Crypto | 1% | – |
Commodities | From 2 pips | – |
Forex | From 1 pip | – |
Index prices | From 0.75 pts | – |
Stocks | 0% commission | – |
Stock CFDs | 0.15% | From 0.13% |
ETF CFDs | 0.15% | From 0.13% |
View more > | eToro > | AvaTrade > |
Another way an online broker in Eritrea might charge you is via the spread.
The spread is the difference between the buy and sell price of an asset, and effectively serves as a commission the broker is charging you on top of the market price.
Here’s a comparison of the spreads across the top Eritrean trading platforms.
Product | eToro spreads | AvaTrade spreads |
---|---|---|
Stock CFDs | 0.15% | From 0.13% |
ETF CFDs | 0.15% | From 0.13% |
Forex CFDs | From 1 pip | From 0.9 pips |
Crypto | 1% | – |
Index CFDs | From 0.75 points | From 0.03 over market |
Commodity CFDs | From 2 pips | From $0.0015 over market |
View all tradable assets > | eToro > | AvaTrade > |
On top of the trading fees and spreads, there may be other charges for using your online broker account.
These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.
Here’s a look at the types of fees different brokers in Eritrea charge, to give you a complete picture of the cost of trading with the top brokers in Eritrea.
Fee | eToro fees | AvaTrade fees |
---|---|---|
Trading fees | Yes, on certain assets | No |
Inactivity fees | Yes | Yes |
Rollover/overnight fees | Yes, on CFDs | Yes |
Withdrawal fees | Yes | No |
Spreads | Yes, on certain assets | Yes |
Conversion fees | Yes, for non-USD currencies | No |
View more > | eToro > | AvaTrade > |
How much money do I need to start trading?
Copy link to sectionMost brokers in Eritrea require a minimum deposit of about $10, which is perfect for new traders.
But for better growth potential, regularly investing a bit more can be beneficial.
Consider starting with smaller investments regularly, an approach known as Dollar-Cost Averaging, to manage market volatility effectively.
You don’t need a lot to start, but you do need to invest a reasonable amount of money to generate substantial returns.
A great way to do this is to invest a fixed amount at regular intervals, a concept known as Dollar-Cost Averaging.
This means that you can start with a small investment and the amount you invest can be adjusted depending on your circumstances.
You should also consider the minimum trade size on each platform.
This governs the smallest investment you can make, so if you plan to invest small amounts then it is a crucial number to think about.
Compare the minimum and maximum trade sizes for each top broker in Eritrea right here.
Product | eToro minimum trade | AvaTrade minimum trade |
---|---|---|
Stock CFDs | $10 | No limit |
ETF CFDs | $10 | No limit |
Forex CFDs | $33.34* | No limit |
Crypto | $10 | – |
Index CFDs | $1,000 | No limit |
Commodity CFDs | $1,000 | No limit |
View more > | eToro > | AvaTrade > |
*Using the maximum leverage available, 30:1, to make a trade worth $1,000.
More about stock trading platforms in Eritrea
Copy link to sectionWhat products can I trade?
Copy link to sectionFor most people, the key question is whether you can trade stocks from other countries, as well as Eritrea. The answer is yes, with some caveats.
Most of the brokers we recommend are global platforms, that offer stocks from around the world (particularly the US market, which is by far the most popular and – in our experience – what you’re likely to be interested in!).
However, there can be limitations. For example, you might have to make deposits in US Dollars in order to trade those stocks or to use the platform, and that’s not always an option.
Your broker might offer currency conversion services, but they can be expensive.
In general though, you certainly can trade global stocks through a Eritrean stock broker.
And you often aren’t limited to stocks, there are other options as well – including things like ETFs, which are super simple to buy.
Stocks
- Eritrean stocks. One investment option is to simply buy and sell stocks that are listed in Eritrea. Investing in the Eritrean market is normally the most straightforward option for Eritrean residents, as you can buy shares in any company that’s listed on a Eritrean stock exchange.
- US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Eritrea will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in Eritrea.
- International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in Eritrea offer global stocks, but it may be a limited selection. If you want to buy equities from outside Eritrea or the US, be sure to check those stocks are available through your online broker before you sign up.
ETFs
ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500.
This kind of investing has exploded over the last decade.
The largest ETF in the world, which invests in the S&P 500 – the famous US index that contains companies like Apple, Tesla, and Alphabet – holds more than half a billion dollars worth of investor money on its own.
If you’ve ever used a round-up investment app like Acorns or Moneybox, they are almost certainly investing in ETFs on your behalf.
Many pension schemes use them now as well. This is for two main reasons: they’re simple to use, and they’re cheap.
Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of Eritrea’s top stock exchanges and indexes.
Mutual funds
Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in.
Typically, a fund manager chooses a mixture of global stocks, local Eritrean stocks, and ETFs that track global indices from across the world.
Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria.
Typically a mutual fund charges higher management fees every year because of the extra work involved.
The best stock broker in Eritrea should allow you to invest in stocks from Eritrea, as well as ETFs and mutual funds.
Futures and options
Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price.
They’re favored by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.
Other assets
Most trading platforms in Eritrea offer a variety of assets alongside stocks, funds, and ETFs.
With the best Eritrean brokers you can create a diversified portfolio made up of leading global stocks, ETFs, cryptocurrencies, and dabble with trading currency pairs and commodities as well.
Compare the assets available with each of the top Eritrean brokers below.
Product | eToro assets | AvaTrade assets |
---|---|---|
Stock CFDs | 3117 | 612 |
ETF CFDs | 317 | 61 |
Forex CFDs | 49 | 108 |
Crypto | 73 | – |
Index CFDs | 20 | 31 |
Commodity CFDs | 26 | 19 |
NFTs | 100,000 | – |
View more > | eToro > | AvaTrade > |
Exact figures may vary. NFTs are accessed through Delta, an NFT explorer app which is owned and operated by eToro.
You should keep in mind, however, that to invest in other financial products from Eritrea, you may be better off using a different type of trading platform.
For example, for trading currency pairs you want one of the best forex brokers in Eritrea, for cryptocurrencies like Bitcoin, the best crypto exchanges in Eritrea. The best crypto exchanges in Eritrea offer a range of financial assets, including many of the options above.
How to buy stocks in Eritrea
Copy link to sectionBuying stocks online in Eritrea is simple. Follow these quick steps to make your first investment.
1. Find a Eritrean trading app
Copy link to sectionCompare the best online stock brokers in Eritrea and choose your favourite from the list at the top of this page.
2. Create an account
Copy link to sectionOnce you’ve chosen the best broker Eritrea, set up an account by supplying your email address and password. Fill in personal details like your name and address.
3. Verify the broker account
Copy link to sectionBefore you use an online trading platform in Eritrea you need to verify your identity.
Upload a copy of your driving licence or passport to do this. The verification process can take up to 24 hours, but is often much quicker than that.
4. Deposit money into your trading account
Copy link to sectionYou can make your initial deposit via a card payment, bank transfer, or an alternative payment method.
Many of the best online brokers in Eritrea accept PayPal and similar e-wallets, but you should check this ahead of time.
5. Search for a stock and place your trade
Copy link to sectionFind the stocks you want to trade using their ticker symbol. Enter the details of your trade, and hit ‘buy’ to execute it.
6. Monitor your investment
Copy link to sectionCheck up on your investment regularly. Use the latest news and stock market research to help you decide when to sell your shares, and lock in a profit or loss.
How we chose the best online trading platform in Eritrea
Copy link to sectionOur reviewing panel is made up of industry experts, including our Director Michael Charalambous, Editor of News, Harsh Vardhan, Editor of Education, James Knight, and long-time trader and Platform Reviewer, Prash Raval.
The panel also includes an independent fact checker, Richard Stutely.
We work with many financial experts across the world, and we tap into their expertise to give us an insight into the particular trading environment of each country, and what’s important to users in Eritrea compared to everywhere else.
All that breaks down into a list of criteria that we use to form a final ranking.
Here are the key factors that played into our final ranking of the best stock brokers in Eritrea.
- Fees. We prioritised Eritrean brokers that offer commission-free trading, charge low trading fees, don’t charge deposit or withdrawal fees, and don’t charge any hidden fees.
- Device availability. An online trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in Eritrea to work across mobile, tablet, and desktop.
- Platform security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
- Free demo accounts. All the best stockbrokers in Eritrea should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
- Access to global markets. International stock brokers in Eritrea that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
- Trading and analysis tools. An online stock broker that offers analysis tools makes it easier to do all your research and trading in one place. Any online broker that offered this convenience scored well.
- Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in Eritrea should integrate with these services and those that did so received a higher ranking.
- Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in Eritrea where the majority of Eritrean customers had a positive experience.
Find out more about how we rate, rank, and review platforms.