5 Best Trading Platforms in Guyana for 2024

In this guide, our experts have rated the 5 best online brokers in Guyana to buy, sell and trade stocks for beginners.
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Updated:  Sep 11, 2024
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The Invezz team of expert traders, data analysts, and platform reviewers frequently test the best trading platforms & online brokers.

Based on these tests, along with our experience of using each platform, we rank the top online brokers in Guyana according to their affordability, security, and available international markets.

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

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

What is the best stock trading app in Guyana?

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Our rankings reveal that the best online broker in Guyana is IG Markets .

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

We found 7 online brokers for users based in

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1
Min Deposit
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, Wise
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. 75% 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.

2
Min Deposit
Best offer
User Score
9.4
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.

3
Min Deposit
Best offer
User Score
9.0
Trade with Exness to enjoy better-than-market conditions and a friction-free online trading experience
The Exness Group is an international award-winning broker, with licenses in Seychelles, Cyprus, UK, South Africa and Kenya
Flexible funding- Choose from multiple currency funding options
Start Trading
Payment Methods:
Bank Transfer, Debit Card, neteller, Credit Card, Visa, Mastercard, American Express, Perfect Money, Apple Pay, Google Pay, Discover, Electron, Sticpay, Bank Transfer: EPS, skrill
Full Regulations:
CMA Lebanon, CySEC, FCA, FSA, FSC, FSCA

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.

Top 5 online brokers in Guyana, reviewed & compared

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We found 7 online brokers for users based in

1. IG Markets: Best for trusted and transparent trading

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From 0.5%

Fees

$…

Minimum deposit

17,000

No. assets

Yes

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
Slow account opening process Unavailable in all regions

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, forex, commodities, 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: For most assets, you don’t pay a trading fee but will be charged through the spread instead. That’s the difference between the buy and sell price of an asset. IG’s spreads are competitive but variable: you’ll pay a smaller spread on popular assets compared to less popular ones. Share trading works differently, and you’ll be charged a minimum fee on each trade of at least $15.

Highlights

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.

2. AvaTrade. Best regulated broker for secure trading

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Avatrade_logo

From 0.13%

Fees

$…

Minimum deposit

500

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 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

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.

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

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From $0.2 per lot

Fees

$…

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 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 stocks. Excess offers 80+ stocks via CFDs from some of the worlds largest companies.

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. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

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.

4. Pacific Union. Best for social trading & customer support

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pacific union logo

Fees

$…

Minimum deposit

200

No. assets

No

Demo/virtual account

Pros & Cons

70+ forex pairs and 200+ financial assets available to trade Extremely low minimum trade sizes Multilingual support in 18+ languages
Minimum withdrawal of $100 Fewer assets than many competitors

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.

How we chose the best online trading platform in Guyana

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Our 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 Guyana 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 Guyana.

  • Fees. We prioritised Guyanese 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 Guyana 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 Guyana 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 Guyana 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 Guyana 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 Guyana where the majority of Guyanese customers had a positive experience.

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

More about stock trading platforms in Guyana

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What products can I trade with a Guyanese stock broker?

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For most people, the key question is whether you can trade stocks from other countries, as well as Guyana. 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 Guyanese 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

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

Product IG Markets assets AvaTrade assets Exness assets
Stock CFDs 17,000 + 612
ETFs 5,400
Forex CFDs 99 108
Crypto CFDs 10 20
Index CFDs 80 + 31
Commodities 35 18+
View more > IG Markets > AvaTrade > Exness >

You should keep in mind, however, that to invest in other financial products from Guyana, 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 Guyana, for cryptocurrencies like Bitcoin, the best crypto exchanges in Guyana. The best crypto exchanges in Guyana 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 Guyana?

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It is normally free to sign up to a stock trading platform in Guyana.

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 Guyana offer completely free trading, while others charge a flat fee or commission per trade.

On average, this usually adds up to about 1-2% of your total trade value.

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

Asset IG Markets fees AvaTrade fees Exness fees
Cryptocurrencies Spread only From $0.2 per lot
Commodities Spread only From $0.2 per lot
Currencies Spread only From $0.2 per lot
Indices Spread only From $0.2 per lot
Stocks From 0.5% From $0.2 per lot
View more > IG Markets > AvaTrade > Exness >

Another way an online broker in Guyana 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 Guyanese trading platforms.

Product IG Markets spreads AvaTrade spreads Exness spreads
Stock CFDs 0.10% From 0.13%
0.10% From 0.13%
Forex CFDs 0.6 pips From 0.9 pips
Crypto CFDs Variable From 0.15% over market
Index CFDs 0.10% From 0.03 over market
0.3 pts From $0.0015 over market
View all tradable assets > IG Markets > AvaTrade > Exness >

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

Fee IG Markets fees AvaTrade fees Exness fees
Trading fees Yes No Standard accounts: no Professional accounts: yes
Inactivity fees Yes Yes No
Rollover/overnight fees Yes Yes Standard accounts: Yes, on some assets Islamic accounts: no
Withdrawal fees No No No
Spreads Yes Yes Yes
Conversion fees Yes No No
View more > IG Markets > AvaTrade > Exness >

Are stock brokers in Guyana 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 another internationally recognised institution. 

The best brokers in Guyana are regulated by the Bank of Guyana (BOG), which provides a license for these firms to operate and governs their actions in order to protect investors.

Use the Bank of Guyana (BOG) database to check if your favourite online broker is regulated to operate in Guyana (each company has a registration number, and you can search this to find out if it’s got a license).

On top of that, many online brokers in Guyana 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 Guyana and where they’re regulated across the world.

Region IG Markets regulators AvaTrade regulators Exness regulators
Africa FSCA FSCA FSCA
Asia MAS FSA
Australasia FMA, ASIC ASIC
Europe FCA, BaFin, FINMA CBI, MiFID, CySEC FCA, CySEC
International DFSA, BMA BVIFSC, FRSA
North America CFTC, NFA FSA, BVIFSC
South America
View more > IG Markets > AvaTrade > Exness >

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

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Typically, the minimum deposit for each Guyanese broker is the equivalent of $10. This is a manageable amount for most users, though you probably want to start with a larger amount of money, or a plan to add more over time.

You don’t need a lot of money 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 don’t need a lot of money to start with 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 Guyana right here.

Product IG Markets minimum trade AvaTrade minimum trade Exness minimum trade
Stock CFDs From £1 No limit
From £1 No limit
Forex CFDs From £1 No limit
Crypto CFDs From £1 No limit
Index CFDs From £1 No limit
From £1 No limit
View more > IG Markets > AvaTrade > Exness >

Reduced minimums available for the first 31 days of account opening.

Which trading app in Guyana has the best user reviews?

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

Review source IG Markets rating AvaTrade rating Exness rating
Trustpilot 4.0 4.7
Google Play Store 4.3 4.0
App Store 4.6 4.4
View more > IG Markets > AvaTrade > Exness >

How to buy stocks in Guyana

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

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

1. Find a Guyanese trading app

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Compare the best online stock brokers in Guyana 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 Guyana, 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 Guyana 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 Guyana 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.

FAQs

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01

What’s the best broker for beginners in Guyana?

02

What’s the best investment platform in Guyana?

03

What’s the cheapest online broker Guyana with the lowest fees?

04

Which trading app is best in Guyana?

05

Which investment platform in Guyana has the best demo account?

06

What’s the safest broker in Guyana?

07

Is it legal to trade stocks in Guyana?



Sources & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.