Compare 5 best online brokers & trading platforms in Wallis and Futuna for 2023

By:

James Knight

James is a lead editor for Invezz, where he covers topics from across the financial world, from the stock… read more.

Updated: Feb 28, 2023

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The Invezz team of expert traders, data analysts, and financial writers frequently test the best trading platforms. Amongst a range of features, we ranked the top brokers in Wallis and Futuna according to their affordability, security, and available international markets.

In this article, we answer the question: what are the best online brokers in Wallis and Futuna?

Best stock trading platforms in Wallis and Futuna 2023

Our rankings reveal that the best Wallis and Futuna stock broker is eToro .

Having assessed 100+ brokers, this list represents the five services that top our rankings as the overall best trading platforms in Wallis and Futuna.

Most Popular

1

Min. Deposit

$ 10

Promotion

User Score

10

Up to $240 bonus!

Deposit with ACA, Wire, Pay with my bank

Invest for dividends and get payout on stocks on Ex-Dividend day

Start Trading more info

Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer

Full Regulations:

CySEC, FCA

Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.

2

Min. Deposit

$ 0

Promotion

User Score

10

Get insights from millions of investors, creators, and analysts

Build your portfolio of stocks, ETFs, and crypto–all in one place

No minimum deposit

Start Trading more info

Payment Methods:

Bank Wire, Check, Debit Card, Wire Transfer

Full Regulations:

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

3

Min. Deposit

$ 100

Promotion

User Score

10

Trade out-of-hours on over 70+ US stocks

Get exposure to a wide range of popular UK, US and international stocks

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Start Trading more info

Payment Methods:

Bank Transfer, Credit Card, Debit Card, PayPal

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. 76% 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.

Top 5 online brokers in Wallis and Futuna, reviewed

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

Visit site

2900

No. assets

$10

Minimum deposit

Stocks

Platform type

Pros & Cons

Popular ‘Copytrader’ function so users can follow top traders Mobile platform has great functionality Minimum first time deposit of $200 Expedient customer service, with live chat support provided Over 2,000 CFDs available to trade

Does not provide the MetaTrader platform High spreads on some assets Comparatively high fees for withdrawals and account inactivity

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.

Visit eToro Read Review

Disclaimer

Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.

2. Public. Best for sharing beginner trading ideas

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...

No. assets

...

Minimum deposit

Stocks

Platform type

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments

You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Overview

We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.

Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.

Visit Read Review

Disclaimer

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

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

Visit site

...

No. assets

...

Minimum deposit

Stocks

Platform type

Pros & Cons

Trade all major asset classes with zero commission Competitive spreads starting from 0.3 pips 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).

Visit Exness Read Review

Disclaimer

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.

How we chose the best Wallis and Futuna trading platforms

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

Here are the key factors that played into the final ranking.

• Fees. We prioritised platforms that charge low trading fees, don’t charge for deposits or withdrawals, and don’t charge any hidden fees.
• Device availability. If a platform is available across all devices as a mobile app, that deserves a boost. In a mobile world, you need stock trading apps in Wallis and Futuna 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 Wallis and Futuna 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 Wallis and Futuna that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
• Trading and analysis tools. Trading platforms that offer analysis tools make it easier to do all your research and trading in one place. Any broker that offered this convenience scored well.
• Third-party integrations. Many traders like to use software like MetaTrader 4 or cTrader to place trades. We gave special attention to brokers that integrate with these services.
• Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend platforms where the majority of customers had a positive experience.

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

More about stock trading platforms in Wallis and Futuna

What products can I trade with a Wallis and Futuna stock broker?

You can trade stocks from Wallis and Futuna, or invest in leading companies from around the world. Here’s a breakdown of what (and how) you can trade with an online broker in Wallis and Futuna.

Stocks

• French stocks. One option is to simply buy and sell stocks that are listed in France. This is normally the most straightforward option, as you can buy shares in any company that’s listed on a French stock exchange.
• US stocks. Some of the best known companies in the world are listed in the United States. Most Wallis and Futuna trading platforms also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the United States, but it depends on the legal restrictions in Wallis and Futuna.
• 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 Wallis and Futuna offer global stocks, but it may be a limited selection. If you want to buy equities from outside Wallis and Futuna or the US, be sure to check those stocks are available through your trading platform 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 Wallis and Futuna’s top stock exchanges and indexes. 

Mutual funds

Mutual funds are professionally managed investments. You buy shares in the fund through an online trading platform and the manager decides what to invest it in. 

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.

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.

How much does it cost to use a Wallis and Futuna trading platform?

It is normally free to sign up to a stock trading platform in Wallis and Futuna. 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 trading apps in Wallis and Futuna offer completely free trading, while others charge a flat fee or commission per trade.

Are stock brokers in Wallis and Futuna regulated?

Yes, online stock 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 Wallis and Futuna are regulated internationally through institutions such as CySEC (Cyprus Securities and Exchange Commission). 

How to start trading in Wallis and Futuna

1. Find a Wallis and Futuna trading broker. Choose your favourite trading platform from the list at the top of this page.
2. Create an account and deposit money. To set up an account you need to provide a form of photo ID. Have that to hand, and then transfer some money to the account via a card payment, bank transfer, or an alternative payment method like PayPal.
3. Search for a stock and place your trade. Find the stocks you want to trade using their ticker symbol. Enter the details of our trade, and hit ‘buy’ to execute it.

FAQs