Best Forex Brokers in Argentina 2023

Following our in-depth review and ranking process, here are the best forex brokers in Argentina;

Best Forex Broker in Argentina

  1. IG
  2. Pepperstone
  3. Admirals
  4. XTB
  5. Avatrade

1. IG

IG

IG is a highly reputable global online broker established by IG Group plc; a publicly-traded company listed on the London Stock Exchange. IG offers CFD trading across a wide variety of asset classes including forex, shares, indices, commodities, cryptocurrencies, options, bonds, interest rate, sectors and ETFs with over 17,000+ instruments available to trade.

IG offers an exceptional brokerage service, with trading solutions suitable for retail (beginners and professionals) and institutional clients (such as hedge funds, family offices, private investment vehicles, asset managers, brokers, banks and introducing brokers). Also, traders can get access to an extensive list of great brokerage services including deep liquidity, superior trade execution, volume-based rebates, industry-standard trading platforms, competitive spreads, expert customer support service, and much more.

IG Overview

BrokerIG
Regulation CFTC (U.S.), FCA (U.K.), ASIC (Australia), FCA (United Kingdom), FINMA (Switzerland), FMA (New Zealand), MAS (Singapore), FSA (Japan), FSCA (South Africa), DFSA (UAE), BMA (International)
Forex Pairs81
Trading PlatformsProRealTime, L2 Dealer, MetaTrader 4
Minimum Deposit$300 (or currency equivalent)
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:200
Account CurrenciesUSD, GBP, AUD, EUR, SGD, HKD.
Payment MethodsBank Wire Transfer, Credit/Debit Cards, Paypal

Pros

  • Strong regulatory framework.
  • Listed on the stock exchange.
  • 45+ years of industry experience.
  • 313,000+ clients worldwide.
  • Deep liquidity.
  • Negative balance protection.
  • Volume-based rebates.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Competitive spreads from 0.6 pips on major currency pairs.
  • Fast and secure payment methods.
  • No minimum deposit for bank transfer.
  • Excellent eductional offering for beginner, intermediate and advanced traders.
  • Outstanding research offering.
  • Great customer support service.

Cons

  • Inactivity fee charged (after 2 years of inactivity).
  • No support for copy trading and social trading.
  • Avergae overnight fee.
  • Limited product portfolio in some countries.
  • No support for social trading and copy trading.

2. Pepperstone

Pepperstone

Pepperstone is a global award-winning online broker established and operated by the Pepperstone Group. It offers Forex trading, spread betting and CFDs across a variety of global markets including forex, indices, commodities, shares, and cryptocurrencies, with over 1200+ instruments to trade.

Pepperstone offers top-notch trading solutions which accommodate both beginner and professional retail traders, and also supports all trading styles and strategies (such as scalping, algorithmic trading and others). In addition, all Pepperstone clients can enjoy deep liquidity, low-cost trading, competitive spreads, superior trade execution, multiple industry-standard trading platforms, volume-based rebates, fast & secure payment methods, great research & educational offering and a dedicated customer support team available 24/7 etc.

Pepperstone Overview

BrokerPepperstone
Regulation ASIC (Australia), FCA (United Kingdom), DFSA (Dubai)
Forex Pairs61
Trading PlatformsMetaTrader4, Metatrader5 and cTrader
Minimum Deposit$0
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:500
Account CurrenciesAUS, USD, SGD, HKD, JPY, NZD, EUR, CHF, GBP
Payment MethodsBank Wire Transfer, Credit/ Debit Cards, Neteller, Skrill, PayPal and Poli.

Pros

  • Strong regulatory framework.
  • Beginner friendly.
  • Easy account registration process.
  • Deep liquidity and no requotes.
  • Low latency and fast order execution.
  • Supports all trading styles and strategies.
  • Multiple account base currencies.
  • Negative balance protection.
  • Over 61 currency pairs, including major, minor and exotic pairs.
  • Tailored account types with great trading conditions, competitive pricing and advanced tools.
  • Secure payment methods, with fast deposit and withdrawal processing times.
  • Industry-standard trading platforms (proprietary and third-party) available for mobile and desktop devices.
  • Support for expert advisors.
  • Zero commissions and consistently low spreads (from 0.6 pips ) on the standard account.
  • Ultra-low spreads on major currency pairs from 0.0 pips on the Razor account.
  • Active Trader Program to reward high volume trading with cash rebates which is paid daily.
  • No inactivity fee charged.

Cons

  • Demo account duration limited to only 30 days.
  • Limited product offering.

3. Admirals

Admirals

Admirals (formerly known as Admiral Markets) is a leading forex and CFD provider established and operated by the Admiral Group. It offers over 8000+ instruments across a wide variety of global markets including forex, commodities, indices, stocks, ETFs and bonds.

Admiral offers a great trading solution suitable for beginner and professional retail traders. It offers different account types, giving traders the ability to choose an account type that best suits their trading style or needs.

Also, traders can enjoy several great trading services, including deep liquidity, support for all trading styles and strategies, consistently low spreads from 0.0 pips, excellent educational offering, great research offering, multiple fast & secure payment methods, dedicated multi-lingual customer support service and much more.

Admirals Overview

BrokerAdmirals
Regulation FCA (United Kingdom), EFSA (Estonia), JSC (Jordan), CySEC (Cyprus), AFSL (Australia)
Forex Pairs50 Currency Pairs
Trading PlatformsMetaTrader Web Trader, MetaTrader 4, MetaTrader 5
Minimum Deposit$100 or currency equivalent.
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:500
Account CurrenciesEUR, USD, AUD, BGN, CHF, CZK, GBP, HRK, HUF, NOK, PLN, RON, RUB, SEK, CNY, SGD, CLP, IDR, MYR, THB, VND
Payment MethodsBank Transfer, Credit/ Debit Cards, Paypal, Klarna, Skrill, Neteller, SafetyPay, Przelewy, iBank & BankLink, iDeal

Pros

  • Strong regulatory framework.
  • Newbie friendly.
  • Deep liquidity.
  • Negative balance protection.
  • Clients funds are segregated.
  • Low latency and fast order execution.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Advanced mobile apps with extensive functionalities.
  • Tailored account types with great trading conditions.
  • Supports all trading styles and strategies.
  • Wide range of asset classes.
  • Competitive spreads and low commissions.
  • A wide selection of fast and secure payment methods.
  • Transparent fee structure with no hidden charges
  • Offers Isalmic swap-free account.
  • Impressive educational and research offering including; Forex & CFD webinars, traders glossary, courses and e-books.
  • Great market research and analytics offering.
  • Friendly and multi-lingual customer service.

Cons

  • Demo account availble for only 30 days.
  • Basic mobile trading app.

4. XTB

XTB

XTB (X-Trade) is one of the largest stock exchange-listed brokers in the world, owned and operated by XXZW Investment Group SA. XTB offers CFDs across a wide range of global markets including Forex, Commodities, Indices, Stock and ETFs, with over 2100+ instruments to trade.

XTB offers an outstanding brokerage solution for beginners and professionals and also provides support for all types of trading styles and strategies. It also offers an extensive list of great brokerage services such as low-cost trading, consistently tight spreads, deep liquidity, clients account protection, excellent education and research offering, an extensive list of secure deposit and withdrawal methods, a wonderful customer support service and lots more.

XTB Overview

BrokerX-Trade Brokers (XTB)
Regulation FCA, CySEC, PFSA, KNF, and IFSC
Forex Pairs57 Currency Pairs
Trading PlatformsxStation 5, MetaTrader 4, xStation Mobile
Minimum Deposit$0
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:500
Account CurrenciesUSD, EUR, GBP, HUF, PLN
Payment MethodsBank Wire Transfer, Credit/Debit Cards, Paypal, Skrill, Neteller, PaySafe, SafetyPay, Paydoo, PayU, ECOMMPAY, BlueCash, Blik, Sofort

Pros

  • Strong regulatory framework.
  • Over 15 years industry experience.
  • Deep liquidity.
  • Negative Balance Protection.
  • Listed on the London Stock Exchnage.
  • Global coverage with over 15 offices across the globe.
  • 353,000+ Clients worldwide.
  • Beginner Friendly.
  • Multiple fast and secure deposit and withdrawal methods.
  • Fast deposit and withdrawal processing time.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Ultra-low forex trading fee.
  • Consistently low spreads from 0.5 pips.
  • Extensive library of educational materials including videos, webinars and courses suitable for both beginners and experienced investors.
  • Great bonuses.
  • Fast and high quality customer support.

Cons

  • Limited account base currency options.

5. Avatrade

Avatrade

Avatrade is a global leading online broker established and operated by Ava Group; a highly trusted global brand in the online trading industry. Avatrade offers forex trading & CFD trading across a wide variety of asset classes including indices, metals, energies, commodities, stocks, bonds, ETFs and cryptocurrencies, with over 1250+ instruments to trade.

Avatrade offers an exceptional trading solution suitable for both beginner and professional retail traders. It also provides support for all types of trading styles and strategies, along with an extensive list of great trading services including deep liquidity, negative balance protection, competitive spreads, industry-standard trading platforms, fast & secure payment methods and great customer support service.

Avatrade Overview

BrokerAvatrade
Regulation ASIC (Australia), Central Bank of Ireland (Ireland), FSA, FFAJ (Japan), ADGM-FSRA, FSC (British Virgin Island), FSCA (South Africa), CySEC (Europe), ISA (Israel)
Forex Pairs55
Trading PlatformsMetaTrader 4, MetaTrader 5, WebTrader, AvaTradeGo, AvaOptions
Minimum Deposit$100
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:400
Account CurrenciesEUR, GBP, USD, CHF, AUD
Payment MethodsBank Wire Transfer, Credit/ Debit Cards, Skrill, Neteller, WebMoney, POLi

Pros

  • Strong regulatory framework.
  • Beginner friendly.
  • Hassle free account registration process.
  • Clients funds are segregated.
  • Deep liquidity.
  • Negative balance protection.
  • Competitive spreads.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Transparent fee structure with no hidden charges.
  • No deposit and wihdrawal fee.
  • Multiple fast and secure deposit and withdrawal methods.
  • Offers social/ copy trading through third party trading platforms such as DupliTrade and ZuluTrade.
  • Great customer support service.

Cons

  • Limited range of instruments, compared to competitors.