Traders in Argentina have several options for CFD trading, but they also have several unique demands. The economic situation in Argentina has been volatile for several years, so there will be concerns about the ability to be flexible with your trading and investing decisions.
The inflationary pressures Argentina has faced over the last few years can affect trading strategies and local market dynamics. I chose the top brokers based on these factors: the risks they pose, the ease with which Argentine citizens can trade with them, the protection they offer, and their ability to adapt to the needs of the local traders.
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Our team of experts has identified each broker’s strengths and weaknesses using FXEmpire’s comprehensive methodology.
AvaTrade was founded back in 2006 and boasts heavy regulation from around the world. Some of the regulatory bodies include CySEC, ASIC, JFSA, FSCA, and many others. AvaTrade offers a wide choice of financial assets for trading, including stocks, ETFs, forex, options, indices, commodities, cryptocurrencies, and bonds.
Regional Features:
AvaTrade offers several different platforms, including MetaTrader 4, MetaTrader 5, AvaTrade Web platform, AvaSocial, AvaOptions, and the AvaTrade mobile app. The AvaTrade Web platform features detailed charting, as well as 80 technical indicators. The AvaTradeGo app has an even larger number of technical indicators.
AvaTrade offers more than 1,250 financial assets for trading, including bonds, which are somewhat uncommon with the average CFD broker. Trading Central is also offered by AvaTrade, allowing traders to get professional-grade research and technical signals from a well-known entity. AvaTrade also features the AvaProtect risk management tool, which allows traders to protect their account over a specific amount of time, limited to Gold, Silver, and forex. This is based on a fee paid to AvaTrade for a specified amount of time. Think of it like a hedge.
Based on my testing, AvaTrade has similar fees for forex and commodities to the average of the industry. As for spreads offered at AvaTrade, EUR/USD averaged 0.9 pips, and WTI Oil was $0.03, both of which are in the realm of average. That said, indices seem to have wider spreads, with the Dow Jones 30 spread ranging between 5 and 6 pips. I also saw Tesla spreads at 1.98 during testing.
IC Markets opened back in 2007 and has long been a respected broker in the industry, with regulations around the world. IC Markets is regulated by ASIC, CySEC, and the FSA Seychelles. The large number of trading instruments is attractive, allowing the trading of forex, commodities, stocks, indices, and cryptocurrencies.
Regional Features:
While I was testing IC Markets, I saw thin spreads overall. They were often better than industry averages, with the EUR/USD spread in the Standard account being 0.6-0.7 pips, and Gold spreads being roughly 18 cents. The Raw Spread account features average commissions of $3.50 per side per lot, and spreads from 0.0 pips at times.
IC Markets offers over 2,850 assets for trading, and several of the biggest platforms, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView. The broker also offers 15 different deposit and withdrawal options in multiple currencies and offers free VPS hosting.
IC Markets has Spanish-language support available. However, the podcasts and educational content seem to be in English only. I noticed that the broker offers a large number of materials for bilingual customers to study.
Vantage opened in 2009 in Sydney. The broker offers several different assets such as forex, indices, commodities, stocks, and cryptocurrencies. Vantage is regulated by both the CIMA in the Cayman Islands and ASIC in Australia.
Regional Features:
Vantage offers several different platforms for its clients, including MetaTrader 4, MetaTrader 5, TradingView, VantageApp, and Premium Trader Tools. The research support at Vantage is varied and is offered via articles, videos, and webinars. The topics covered are for various levels of expertise, from beginner to advanced concepts.
The testing that I did at Vantage showed competitive spreads and fees across several asset classes. EUR/USD has a range between 1.2 and 1.4 pips, and Dow Jones 30 spreads were found to hover between 1 and 1.3 pips during liquid market conditions. Vantage also has the bonus of having a no-fee policy for account maintenance, deposits, and withdrawals, which will add to its appeal.
The forex and CFD analysts and editors at FXEmpire bring together seasoned trading professionals and experienced financial journalists. Many of our experts have been featured in leading publications such as Investopedia and Forbes, and all of them combine strong industry credentials with hands-on trading experience.
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.