5 best trading platforms in Gambia for 2024

In this guide, our experts have rated the 5 best online brokers in Gambia to buy, sell and trade stocks for beginners.
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Updated: Apr 5, 2024
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The Invezz team of expert traders, data analysts, and financial writers frequently test the best trading platforms & online brokers. Amongst a range of features, we ranked the top online brokers in Gambia according to their affordability, security, and available international markets.

Once we came up with a preliminary list, we surveyed our Gambian users to gather their thoughts and feedback on each of the top trading apps in Gambia.

Armed with that information we created a final ranking to answer the question: what are the best online brokers in Gambia for Gambian users?

What is the best stock trading app in Gambia?

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Our rankings reveal that the best online broker in Gambia is AvaTrade .

Having assessed 100+ brokers, this list represents the three services that top our rankings as the overall best online trading platforms in Gambia. 

Sort by:

1
Min. Deposit
$ 100
Best offer
User Score
9.8
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:
American Express, Bank Transfer, Credit Card, Debit Card, Discover, Mastercard, MoneyBookers, PayPal, Rapid Transfer, SEPA, Visa, WebMoney, Wire Transfer, neteller, , 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.
2
Min. Deposit
$ 100
Best offer
User Score
9.7
Licensed and regulated by CySEC and FCA authorised UK Branch
Trade CFDs with tight spreads on big-name companies like Amazon, Facebook, Apple and many more
Offers 800+ instruments
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Klarna, Mastercard, PayPal, SEPA, Trustly, Visa, Volt, Wire Transfer, neteller, skrill
Full Regulations:
CySEC, FSA

71% of retail CFD accounts lose money.

3
Min. Deposit
$ 0
Best offer
User Score
9.3
Have access to more than 50 exchanges across 30 countries
Invest without commission in US stocks and lots of ETFs
DEGIRO rated among the best online brokers in Europe
Start Trading
Payment Methods:
Bank Transfer
Full Regulations:
FCA

Investing involves risk of loss

Top 5 online brokers in Gambia, reviewed & compared

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1. AvaTrade. Best regulated broker for secure trading

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.

2. Skilling. Best app for mobile trading

From 0.1%

Fees

$100

Minimum deposit

1,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Commission-free trades with competitive spreads from 0.7 pips Can trade over 800 securities across 17 global markets Regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Service Authority (FSA)
No 24/7 support

Overview

We love Skilling because it’s a beginner-friendly trading platform that makes stock trading accessible to everyone. You can trade 700 stocks commission free and the system is very portable, so you can trade from the app or on your desktop.

One of Skilling’s best features is its compatibility with TradingView, so you can chart trading ideas and then send them directly to your trading account. It also boasts plenty of other user-friendly software to make it easy to trade from your phone or your browser, including its proprietary Skilling Trader and the cTrader platform for professionals.

The fees: There are no fees for stock trading. Skilling makes its money on the Bid/Ask spread, and stock spreads start from 0.9%. Positions left open overnight will be charged swap charges, which vary depending on the size of the trade.

Highlights

Visit Skilling Skilling Review

71% of retail CFD accounts lose money.

3. Degiro. Best for 0% commission on US stocks

Fees

Minimum deposit

No. assets

No

Demo/virtual account

Pros & Cons

Low trading fees No minimum deposit required Segregated client funds
No US customers No forex or cryptocurrencies offered for trading Limited educational resources

Overview

We love Degiro because it offers a simple trading platform so that you can trade quickly and easily wherever you are. Degiro offers stock trading on 50 stock exchanges in 30 countries, including the US, UK, and all leading European markets, with free stock trading on all US stocks.

Degiro has won 86 international awards and is one of the largest companies in Germany. All its services are available online or via the Degiro app. The website also boasts a huge range of educational material, including an Investor’s Academy, to help you get started.

The fees: All stock trades come with a €1 handling fee. US stock trading has no other fees, UK stock trading costs $1.75, and European stock trading costs €3.90. The rest of the world costs €5. A core selection of ETFs are free to trade, other global ETFs cost €2 plus a €1 handling fee. Derivative trading costs €0.75. There are no inactivity, deposit, or withdrawal fees.

Highlights

Visit DEGIRO DEGIRO Review

Investing involves risk of loss

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

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.

5. FP Markets. Best for low spread & 0-pip trading

fp markets logo

Fees

Minimum deposit

No. assets

No

Demo/virtual account

Pros & Cons

Trade 10,000+ CFDs across multiple asset classes Highly regulated and reliable platform Copy and social trading features
Not available in the US, Japan & New Zealand IRESS platform is expensive

Overview

We love FP Markets because it uses cutting-edge technology to ensure all stock trades are executed at lightning fast speed. It’s an award-winning broker and offers over 10,000 Australian and international share CFDs and stock CFDs across 4 continents. 

FP Markets has zero restrictions and allows all trading styles, including scalping and running expert advisors. Stock CFDs can be traded directly from its Metatrader 5 platform or via Iress, which gives direct market access to multiple global exchanges such as the Nasdaq, NYSE, and London stock exchange. 

The fees:  FP Market charges commission for all stock trades. For Australian stocks, its 0.05%, Hong Kong stocks, 0.20%, UK 0.10%, European 0.10%, and USA stocks are 2 cents per share. 

Highlights

Visit Review
CFDs are derivatives and can be risky; losses can exceed your initial payment and you must be able to meet all margin calls as soon as they are made. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

How we chose the best online trading platform in Gambia

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Our reviewing panel is made up of industry experts, including Data Analyst, Dan Ashmore, CFA, our Editor of News, Harsh Vardhan, journalist Katya Stead, and expert trader, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.

Here are the key factors that played into our final ranking of the best stock brokers in Gambia.

  • Fees. We prioritised Gambian 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 Gambia 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 Gambia 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 Gambia 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 Gambia 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 Gambia where the majority of Gambian customers had a positive experience.

Find out more about how we rate, rank, and review platforms.

More about stock trading platforms in Gambia

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What products can I trade with a Gambian stock broker?

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You can trade stocks from Gambia, or invest in leading companies from around the world. Here’s a breakdown of what (and how) you can trade financial markets with the best online brokers Gambia.

Stocks

  • Gambian stocks. One investment option is to simply buy and sell stocks that are listed in Gambia. Investing in the Gambian market is normally the most straightforward option for Gambian residents, as you can buy shares in any company that’s listed on a Gambian stock exchange.
  • US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Gambia 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 Gambia.
  • 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 Gambia offer global stocks, but it may be a limited selection. If you want to buy equities from outside Gambia 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. 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 Gambia’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 Gambian 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 Gambia should allow you to invest in stocks from Gambia, 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 favoured 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 Gambia offer a variety of assets alongside stocks, funds, and ETFs. With the best Gambian 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 Gambian brokers below.

Product AvaTrade assets Skilling assets DEGIRO assets
Stock CFDs 612 954
ETF CFDs 61
Forex CFDs 108 73
Crypto CFDs 20 63
Index CFDs 31 23
Commodity CFDs 19 21
View more > AvaTrade > Skilling > DEGIRO >

You should keep in mind, however, that to invest in other financial products from Gambia, 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 Gambia, for cryptocurrencies like Bitcoin, the best crypto exchanges in Gambia. The best crypto exchanges in Gambia offer a range of financial assets, including many of the options above.

How much does it cost to use the best online trading platforms in Gambia?

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It is normally free to sign up to a stock trading platform in Gambia. The main cost comes in the form of trading fees, which depend on the platform and on what you want to trade. Some of the best stock trading apps in Gambia offer completely free trading, while others charge a flat fee or commission per trade.

Here’s a comparison of the trading fees across our highest rated Gambian brokers.

Asset AvaTrade fees Skilling fees DEGIRO fees
Stock CFDs From 0.13%
ETF CFDs From 0.13%
Forex CFDs From 0.9 pips
Crypto CFDs From 0.15% over market
Index CFDs From 0.03 over market
Commodity CFDs From 0.0015 over market
View more > AvaTrade > Skilling > DEGIRO >

Another way an online broker in Gambia 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. The smaller the spread, the better value you’re getting from your broker.

Here’s a comparison of the spreads across the top Gambian trading platforms.

Product AvaTrade spreads Skilling spreads DEGIRO spreads
Stock CFDs From 0.13% From 0.1%
ETF CFDs From 0.13% From 0.1%
Forex CFDs From 0.9 pips From 0.1 pips
Crypto CFDs From 0.15% over market From 1%
Index CFDs From 0.03 over market From 1.5 pts
Commodity CFDs From $0.0015 over market From 0.4 pips
View all tradable assets > AvaTrade > Skilling > DEGIRO >

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 Gambia charge, to give you a complete picture of the cost of trading with the top brokers in Gambia.

Fee AvaTrade fees Skilling fees DEGIRO fees
Trading fees No No
Inactivity fees Yes No
Rollover/overnight fees Yes Yes
Withdrawal fees No Yes, for certain payment methods
Spreads Yes Yes
Conversion fees No Yes, for certain currencies
View more > AvaTrade > Skilling > DEGIRO >

Are stock brokers in Gambia regulated?

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Yes, online brokers have to be regulated in order to offer share dealing services. Ideally, you want to find a broker that offers top-tier regulatory protection either through your local regulator, or through an internationally recognised institution. 

The best brokers in Gambia are regulated by the Central Bank of The Gambia (CBG), which provides a license for these firms to operate and governs their actions in order to protect investors. Use the Central Bank of The Gambia (CBG) database to check if your favourite online broker is regulated to operate in Gambia.

On top of that, many online brokers in Gambia are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission). Here are the best online brokers in Gambia and where they’re regulated across the world.

Region AvaTrade regulators Skilling regulators DEGIRO regulators
Africa FSCA
Asia FSA
Australasia ASIC
Europe CBI, MiFID, CySEC CySEC
International BVIFSC, FRSA FSA
North America
South America
View more > AvaTrade > Skilling > DEGIRO >

How much money do I need to start using an online broker in Gambia?

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Typically, the minimum deposit for each Gambian broker is the equivalent of $10. This is a manageable amount for most users, though 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 Gambia right here.

Product AvaTrade minimum trade Skilling minimum trade DEGIRO minimum trade
Stock CFDs No limit 1 share
ETF CFDs No limit 1 share
Forex CFDs No limit 0.01 lots
Crypto CFDs No limit 0.01 lots
Index CFDs No limit 0.01 lots
Commodity CFDs No limit 0.01 lots
View more > AvaTrade > Skilling > DEGIRO >

Which trading app in Gambia has the best user reviews?

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As part of our research process we gathered up reviews and feedback from Gambian users to help us finalise the rankings. Below is a summary of the feedback and ratings we received about each platform.

Review source AvaTrade rating Skilling rating DEGIRO rating
Trustpilot 4.7 4.2
Google Play Store 4.0 4.6
App Store 4.4 4.8
View more > AvaTrade > Skilling > DEGIRO >

How to buy stocks in Gambia

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Every stock trading app in Gambia is designed to help you invest with the minimum of fuss. 

Follow this six step guide to learn how to buy shares online in Gambia for the first time.

1. Find a Gambian trading app

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Compare the best online stock brokers in Gambia and choose your favourite from the list at the top of this page.

2. Create an account

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Once you’ve chosen the best broker Gambia, 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

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Before you use an online trading platform in Gambia 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

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You can make your initial deposit via a card payment, bank transfer, or an alternative payment method. Many of the best online brokers in Gambia accept PayPal and similar e-wallets, but you should check this ahead of time.

5. Search for a stock and place your trade

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Find 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

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Check 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.

Choose a broker

FAQs

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What’s the best broker for beginners in Gambia?
What’s the best investment platform in Gambia?
What’s the cheapest online broker Gambia with the lowest fees?
Which trading app is best in Gambia?
Which investment platform in Gambia has the best demo account?
What’s the safest broker in Gambia?
Is it legal to trade stocks in Gambia?


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.