5 best trading platforms in Kuwait for 2024

In this guide, our experts have rated the 5 best online brokers in Kuwait 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 Kuwait according to their affordability, security, and available international markets.

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

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

What is the best stock trading app in Kuwait?

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Our rankings reveal that the best online broker in Kuwait is Plus500 .

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

Sort by:

1
Min. Deposit
$ 100
Best offer
User Score
10
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2
Min. Deposit
$ 1000
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:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Ideal, Klarna, Maestro Master, Mastercard, POLi, Przelewy24, Rapid Transfer, SEPA, Sofort, Trustly, Visa, Visa Electron, Wire Transfer, neteller, , , , , , , skrill
Full Regulations:
ASIC, CySEC, FCA

76% of retail CFD accounts lose money. Your capital is at risk.

3
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.

Top 5 online brokers in Kuwait, reviewed & compared

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1. Plus500. Best for international CFD trading*

From 0.08%

Fees

$100

Minimum deposit

3,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Can get a free demo account A great mobile platform Well regulated in multiple jurisdictions Wide variety of CFDs to trade Several good risk management tools
No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to CFDs on over 2000 stocks.

Plus500 has something for all types of stock trader, no matter what level of experience. Its zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting.

For accurate instrument availability, visit plus500.com.

The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% and varies depending on the instrument. Additional fees include overnight funding depending on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Visit Plus500 Plus500 Review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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

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 Over 2,000 CFDs available to trade for UK & EU users (not US, real assets only)
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

76% of retail CFD accounts lose money. Your capital is at risk.

3. 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.

4. 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.

5. 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

How we chose the best online trading platform in Kuwait

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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 Kuwait.

  • Fees. We prioritised Kuwaiti 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 Kuwait 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 Kuwait 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 Kuwait 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 Kuwait 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 Kuwait where the majority of Kuwaiti customers had a positive experience.

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

More about stock trading platforms in Kuwait

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What products can I trade with a Kuwaiti stock broker?

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You can trade stocks from Kuwait, 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 Kuwait.

Stocks

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

Product Plus500 assets eToro assets AvaTrade assets
Stock CFDs 1,800+ 3117 612
ETF CFDs 100+ 317 61
Forex CFDs 50+ 49 108
Crypto CFDs 40+ 73 20
Index CFDs 20+ 20 31
Commodity CFDs 20+ 26 19
View more > Plus500 > eToro > AvaTrade >

Note that all listed instruments on Plus500 are available to trade as CFDs.

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

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It is normally free to sign up to a stock trading platform in Kuwait. 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 Kuwait 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 Kuwaiti brokers.

Asset Plus500 fees eToro fees AvaTrade fees
Cryptocurrencies From 2% 1%
Commodities From 0.04% From 2 pips
Currencies From 0.8% From 1 pip
Indices From 0.7% From 0.75 pts
Stocks From 0.08% 0% commission
View more > Plus500 > eToro > AvaTrade >

Another way an online broker in Kuwait 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 Kuwaiti trading platforms.

Product Plus500 spreads eToro spreads AvaTrade spreads
Stock CFDs 0.10% 0.15% From 0.13%
ETF CFDs 0.10% 0.15% From 0.13%
Forex CFDs 0.8 pips From 1 pip From 0.9 pips
Crypto CFDs 2% 1% From 0.15% over market
Index CFDs 0.20% From 0.75 points From 0.03 over market
Commodity CFDs 0.50% From 2 pips From $0.0015 over market
View all tradable assets > Plus500 > 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 Kuwait charge, to give you a complete picture of the cost of trading with the top brokers in Kuwait.

Fee Plus500 fees eToro fees AvaTrade fees
Trading fees No Yes, on certain assets No
Inactivity fees Yes Yes Yes
Rollover/overnight fees Yes Yes, on CFDs Yes
Withdrawal fees No Yes No
Spreads Yes Yes, on certain assets Yes
Conversion fees Yes Yes, for non-USD currencies No
View more > Plus500 > eToro > AvaTrade >

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

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

Region Plus500 regulators eToro regulators AvaTrade regulators
Africa FSA FSAS FSCA
Asia FSA
Australasia ASIC, FMA ASIC ASIC
Europe FCA, CySEC FCA, CySEC, DNB, AMF, OAM, MFSA CBI, MiFID, CySEC
International BVIFSC, FRSA
North America FinCEN, FINRA
South America
View more > Plus500 > eToro > AvaTrade >

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

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Typically, the minimum deposit for each Kuwaiti 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 Kuwait right here.

Product Plus500 minimum trade eToro minimum trade AvaTrade minimum trade
Stock CFDs $10 $10 No limit
ETF CFDs $10 $10 No limit
Forex CFDs 0.01 lots $33.34* No limit
Crypto CFDs $0.10 $10 No limit
Index CFDs $10 $1,000 No limit
Commodity CFDs $10 $1,000 No limit
View more > Plus500 > eToro > AvaTrade >

Which trading app in Kuwait has the best user reviews?

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

Review source Plus500 rating eToro rating AvaTrade rating
Trustpilot 4 4.4 4.7
Google Play Store 4.3 4.1 4.0
App Store 4.1 3.8 4.4
View more > Plus500 > eToro > AvaTrade >

How to buy stocks in Kuwait

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

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

1. Find a Kuwaiti trading app

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Compare the best online stock brokers in Kuwait 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 Kuwait, 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 Kuwait 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 Kuwait 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 Kuwait?
What’s the best investment platform in Kuwait?
What’s the cheapest online broker Kuwait with the lowest fees?
Which trading app is best in Kuwait?
Which investment platform in Kuwait has the best demo account?
What’s the safest broker in Kuwait?
Is it legal to trade stocks in Kuwait?


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.