6 Best Forex Brokers in Sao Tome and Principe

Last Update: June 26th, 2024

The 6 Best Forex Brokers in Sao Tome and Principe – Rated and Reviewed. We have listed the Best Forex Brokers that accept traders from Sao Tome and Principe.

In this in-depth guide, you will learn:

• The Best Forex Brokers in Sao Tome and Principe – a List
• Is Forex Trading Legal in Sao Tome and Principe?
• Who does Sao Tome and Principe trade with?
• The Best Forex Brokers for Beginners and Foreigners
• Low STD Minimum Deposit Forex Brokers

and much, MUCH more!

6 Best Forex Brokers in Sao Tome and Principe – a Comparison

6 Best Forex Brokers in Sao Tome and Principe (2024)

1. ☑️ CMC Markets – Overall, the Best Forex Broker in Sao Tome and Principe
2. ☑️ XTB – The Best Overall Trading Experience
3. ☑️ eToro – Best Mobile Trading Experience
4. ☑️ Tickmill – High User Trust Score
5. ☑️ Pepperstone – Best Online Trading Experience
6. ☑️ Interactive Brokers – Leading Broker for Experienced Traders

CMC Markets

CMC Markets is a comprehensive Forex, CFD, and, Financial Services Provider. Regulations include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Accounts available are CFD, Spread Betting, and Corporate. Moreover, a Demo Account is available. In addition, notable Benefits, Factors, and Features to consider include:

• Multiple base currencies, including GBP, EUR, and, the USD
• Spreads from 0.3 Pips
• Leverage of up to 1:30
• Access to over 330 Currency Pairs, including Major, Minor, and, Exotic
• No Minimum deposit is required
• An inactivity Fee is Charged
• Scaling and Hedging are offered

Trading Instruments include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs. CMC Markets support MetaTrader 4 and Next Generation. In addition, a Proprietary Mobile App is available.

Pros and Cons

Our Insights

The benefits of trading with CMC Markets include educational resources and trusted customer support.

XTB

XTB is a reliable and respected Forex and CFD Broker. Regulations include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts available are Standard and Swap-Free. Moreover, a Demo Account is available. In addition, notable Benefits, Factors, and Features to consider include:

• Occasional Bonus offer and Promotions
• No Minimum Deposit is Required
• USD, EUR, GBP Base Currencies
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Access to over 50 Currency Pairs
• Scalping and Hedging are offered

Trading Instruments include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. XTB supports xStation 5 and xStation Mobile.

Pros and Cons

Our Insights

The benefits of trading with XTB include multiple trusted deposit options and easy withdrawals.

eToro

eToro is a popular Forex and CFD Broker focussed on safety and security. Regulations include CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC. Accounts and Trading Available are Standard and Proprietary. In addition, notable Benefits, Factors, and Features to consider include:

• USD Base Currency
• Spreads from 1 Pip
• Leverage of up to 1:400
• Access to over 50 Currency Pairs
• An Inactivity Fee is Charged
• Hedging is Available

Trading instruments include Forex, stocks, crypto CFDs, indices, commodities, and, ETFs. Moreover, Social Trading is supported.

Pros and Cons

Our Insights

The benefits of trading with eToro include a diverse portfolio of 531 ETFs and over 4,610 equities plus 21 indices for trading.

Tickmill

Tickmill is a prominent Forex and CFD broker with numerous account options and reasonable spreads. Regulations include Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro. Moreover, Islamic, Swap-Free, and Demo Options are available. In addition, notable Benefits, Factors, and Features to consider include:

• A 30 USD Welcome Account
• USD, EUR, GBP, PLN Base Currencies
• Additional Bonus Offers and Promotions
• Trader Contests
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Over 60 Currency Pairs

Trading Instruments include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Tickmill Mobile App is available.

Pros and Cons

Our Insights

Beginners trading with Tickmill will benefit from a Welcome Account and additional promotional offers.

Pepperstone

Pepperstone is a well-established and highly regulated Forex and CFD Broker. Regulations by acclaimed and trusted agencies include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts include Standard, Razor, and, Islamic, Swap-Free Account. Moreover, a Demo Account is available. In addition, notable Factors and Features include:

• Occasional Bonus Offers and Promotions
• Leverage of up to 1:500
• Access to over 70 Currency Pairs
• No Inactivity Fee is Charged
• Spreads from 0.0 Pips

Trading Instruments include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone provides TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.

Pros and Cons

Our Insights

Trading with Pepperstone includes Excellent educational resources and trusted customer support.

Interactive Brokers

Interactive Brokers is amongst the highest regulated Forex, CFD, and, Financial Services Providers. Regulations by acclaimed and trusted agencies include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts available include IBKR Lite and IBKR Pro. In addition, notable Factors and Features include:

• 24/5 Customer Support
• Several Base Currencies AUS, AUD, and, CAD
• Spreads from 0.6 Pips
• Leverage of up to 1:30
• Access to over 100 Currency Pairs

Trading instruments and Products include Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, bonds. Interactive Brokers support IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.

Pros and Cons

Our Insights

The benefits of trading with Interactive Brokers include multiple trusted deposit options and secure withdrawals.

Is Forex Trading Legal in Sao Tome and Principe?

Forex Trading in Sao Tome and Principe operates in a grey area. The BCSTP supervises the local financial market.

In Conclusion

Forex Trading in Sao Tome and Principe is not a popular or daily occurrence. Moreover, it operates in a grey area. Multiple International Forex Brokers do accept traders from Sao Tome and Principe.

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker
🥈		Read Review	FSCA, IFSC, ASIC, CySEC, DFSA, FCA	USD 5	Visit Broker
🥉		Read Review	FCA, FSCA, FSC, CMA	USD 10	Visit Broker
4		Read Review	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB	USD 200	Visit Broker
5		Read Review	FCA, CySEC, FSCA, SCB	USD 100	Visit Broker
6		Read Review	CySEC, MISA, FSCA	USD 25	Visit Broker
7		Read Review	CySEC, FCA, FSA, FSCA, Labuan FSA	USD 100	Visit Broker
8		Read Review	CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA	USD 10	Visit Broker
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker
10		Read Review	IFSC, FSCA, ASIC, CySEC	USD 1	Visit Broker

Our Insights

While reviewing the Best Forex Brokers that accept Traders from Sao Tome and Principe, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

You might also like:

• CMC Markets Review
• XTB Review
• eToro Review
• Tickmill Review
• Pepperstone Review
• Interactive Brokers Review