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7 Best CFD Trading Platforms in Rwanda

The 7 Best CFD Trading Platforms in Rwanda revealed. We tested and verified the best CFD trading platforms for Rwandan Traders.

This is a complete list of Rwanda’s best CFD trading platforms and forex platform brokers.

In this in-depth guide you’ll learn:

  • What are CFD Trading Platforms? 
  • Who are the top CFD trading platform, brokers?
  • How to choose a forex broker – Compare them side by side against each other.
  • Which brokers are best for beginner traders?
  • Which broker offers a sign-up bonus for first-time traders? 
  • Which broker offers a low minimum deposit of $5 to Rwandan traders?


And lots more…

So if you’re ready to go “all in” with the best-tested CFD Trading brokers for Rwandans…

Let’s dive right in…

Updated : August 21, 2024

7 Best CFD Trading Platforms in Rwanda (2024)

Exness – Overall, the Best CFD Trading Platform Broker

OANDA – Top Trading Platform for Rwandans

AvaTrade – Best Social Trading Broker in Rwanda

IG – Best CFD Broker for Professional Traders

Markets.com – Verified CFD Proprietary Trading Software

Tickmill – Most Competitive Spreads for CFDs

IC Markets – User-Friendly True ECN CFD Broker

What is a CFD Trading Platform?

A CFD (Contract for Difference) trading platform is an online platform that enables traders to speculate on the price movements of financial instruments such as stocks, commodities, currencies, and indices without owning the underlying asset. Instead, traders buy or sell contracts that represent the asset’s price movement.

 

CFD trading platforms provide traders with access to various financial markets, real-time price quotes, charting tools, technical analysis indicators, and other trading tools. They also offer leverage, allowing traders to increase their exposure to the market with a smaller investment. CFD trading platforms are popular among

Best CFD Trading Platforms in Rwanda – Comparison

🥇 Forex Broker✔️ Offers a CFD Trading Platform?💳 Minimum Deposit (RWF)📱 Rwandan Franc-based Account?💰 RWF Deposits Allowed?👉 Open An Account
1. ExnessYes99YesYes👉 Open Account
2. OANDA Yes0 YesYes👉 Open Account
3. AvaTradeYes100NoNo👉 Open Account
4. IGYes250NoNo👉 Open Account
5. Markets.comYes99NoNo👉 Open Account
6. TickmillYes100NoYes👉 Open Account
7. IC MarketsYes201NoNo👉 Open Account

1. Exness

Overall Rating

Min Deposit

USD 10

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

Exness is a reputable and licensed broker that offers low-risk CFD and Forex trading. With its market-leading trading conditions, such as spreads from 0.0 pips, Exness is well-known for providing exceptional trading services to its clients.

One of the key advantages of trading with Exness is its flexible and dynamic account types. These account types are tailored to suit the needs of different traders, whether they are beginners or experienced professionals. Additionally, Exness provides access to over 200 financial products, including major and minor currency pairs, metals, energies, and indices.

Another reason why Exness stands out from the crowd is its commitment to customer satisfaction. The company provides a range of retail account choices, which are designed to cater to the specific trading needs of its clients. Furthermore, Exness offers excellent customer support, ensuring that its clients have access to assistance whenever they need it.

In conclusion, Exness is a broker that delivers low spreads, exceptional trading conditions, and a wide range of financial products. With its dedication to customer satisfaction, Exness has established itself as a leader in the trading industry.

Unique Features

FeatureInformation
⚖️ RegulationFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
📲 Social Media Platforms• Facebook
• Twitter
• Instagram
• LinkedIn
• YouTube
⚖️ RWF Regulation?No
💻 Trading AccountsStandard Account, Standard Cent Account, Raw Spread Account, Zero Account, Pro Account
📱 Trading PlatformMetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trader app
💳 Minimum Deposit (RWF)99
💵 Trading AssetsForex, Metals, Crypto, Energies, Indices, Stocks
📱 Rwandan Franc-based Account?Yes
✔️ RWF Deposits Allowed?Yes
💸 Bonuses for Rwandan traders?Yes
📊 Minimum spreadFrom 0.0 pips EUR/USD
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
Exness offers a selection of asset classes and trading accounts to Rwanda tradersExness does not currently have a comprehensive list of educational materials
Rwanda traders can use RWF as their base account currencyThere is a limited range of tradable instruments
Rwanda traders can contact customer support 24 hours a day, 7 days a week
Exness offers unlimited leverage ratios to traders
MetaTrader 4 and 5 are offered across devices

2. OANDA

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

Metatrader 4 and Metatrader 5

Crypto

Yes

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

OANDA is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 1996 and is based in Canada, but it offers services to traders around the world.

 

OANDA offers a wide range of trading instruments, including over 70 currency pairs, commodities, indices, and bonds. It also offers access to MetaTrader 4, one of the most popular trading platforms in the world.

 

One of the key features of OANDA is its low minimum deposit requirement. Rwandan traders can open an account with as little as $1, which makes it accessible to traders with different levels of experience and capital.

 

OANDA also offers a range of educational resources, including webinars, articles, and video tutorials, to help traders improve their skills and knowledge. It also provides a demo account that traders can use to practice their trading strategies without risking any real money.

 

In terms of regulation, OANDA is licensed by several regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the US, and the Australian Securities and Investments Commission (ASIC).

 

Unique Features

FeatureInformation
⚖️ RegulationIIROC, ASIC, CFTC, NFA, FCA, FFAJ, MAS, MFSA
📲 Social Media Platforms• Facebook
• Twitter
• LinkedIn
• YouTube
⚖️ RWF Regulation?No
💻 Trading AccountsStandard Account, Core Account, Swap-Free Account
📱 Trading PlatformMetaTrader 4, OANDA Platform, TradingView
💳 Minimum Deposit (RWF)0
💵 Trading AssetsIndex CFDs, Forex, Metals, Commodity CFDs, Bonds CFDs, Precious Metals, Real-time Rates
📱 Rwandan Franc-based Account?No
✔️ RWF Deposits Allowed?Yes
💸 Bonuses for Rwandan traders?Yes
📊 Minimum spread0.1 pips
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
OANDA delivers tailormade solutions to Rwanda beginner and professional tradersAn inactivity fee is charged on dormant accounts
There is no specific minimum deposit, giving traders flexibility over how much they want to invest or tradeThere is no RWF-denominated account or local deposit and withdrawal options
OANDA supports reliable funding options
There are competitive spreads offered and flexible trading platforms
Advanced traders are granted a competitive edge with some of the best trading tools

3. AvaTrade

Overall Rating

Min Deposit

USD 100

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

AvaTrade is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 2006 and is headquartered in Dublin, Ireland, but it offers services to traders around the world.

 

AvaTrade offers a wide range of trading instruments, including over 50 currency pairs, commodities, indices, and stocks. It also offers access to several trading platforms, including MetaTrader 4 and its proprietary AvaTradeGO platform.

 

One of the key features of AvaTrade is its educational resources. It offers a range of educational materials, including webinars, ebooks, and video tutorials, to help traders improve their skills and knowledge. It also provides a demo account that traders can use to practice their trading strategies without risking any real money.

 

In terms of regulation, AvaTrade is licensed and regulated by several regulatory bodies, including the Central Bank of Ireland, the Financial Services Commission in the British Virgin Islands, and the Financial Sector Conduct Authority in South Africa.

 

AvaTrade also offers several account types to cater to the needs of different traders, including a standard account, a professional account, and a demo account.

 

Overall, AvaTrade is a reputable and established trading platform that offers a range of trading instruments, educational resources, and account types to Rwandan traders.

 

Unique Features

FeatureInformation
⚖️ RegulationCentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, FRSA, CySEC, ISA
📲 Social Media Platforms• Instagram
• Facebook
• Twitter
• YouTube
⚖️ RWF Regulation?No
💻 Trading AccountsRetail Account, Professional Account
📱 Trading PlatformAvaTradeGO, AvaOptions, AvaSocial, MetaTrader 4, MetaTrader 5, DupliTrade, ZuluTrade
💳 Minimum Deposit (RWF)100
💵 Trading AssetsForex, Cryptocurrencies, Commodities, Treasuries, Bonds, Indices, Stocks, ETFs, Options, CFDs, Precious Metals
📱 Rwanda Franc-based Account?No
✔️ RWF Deposits Allowed?No
💸 Bonuses for Rwandan traders?Yes
📊 Minimum spreadFrom 0.9 pips EUR/USD
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
AvaTrade is a comprehensive and popular CFD and forex broker that is regulated by several entitiesInactivity fees apply
AvaTrade offers personalized trading conditions to Muslim traders who want an Islamic trading accountThere are no variable spread accounts offered
AvaTrade offers extensive resources to beginner and professional tradersThere is a limited choice between retail trading accounts
There are several trading platforms offered to Rwandan tradersCurrency conversion fees may apply when traders deposit in RWF
There is ample social trading offered through AvaTrade

4. IG

Overall Rating

Min Deposit

USD0

Regulators

IGRs

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

80

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

IG is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 1974 and is headquartered in London, UK, but it offers services to traders around the world.

 

IG offers a wide range of trading instruments, including over 80 currency pairs, commodities, indices, shares, and cryptocurrencies. It also offers access to several trading platforms, including its proprietary web-based platform and MetaTrader 4.

 

One of the key features of IG is its educational resources. It offers a range of educational materials, including webinars, articles, and video tutorials, to help traders improve their skills and knowledge. It also provides a demo account that traders can use to practice their trading strategies without risking any real money.

 

In terms of regulation, IG is licensed and regulated by several regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS).

 

IG also offers several account types to cater to the needs of different traders, including a standard account, a professional account, and a demo account.

 

Overall, IG is a reputable and established trading platform that offers a range of trading instruments, educational resources, and account types to Rwandan traders.

 

Unique Features

FeatureInformation
⚖️ RegulationFCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA
📲 Social Media Platforms• LinkedIn
• Twitter
• Facebook
• YouTube
⚖️ RWF Regulation?No
💻 Trading AccountsUnited Kingdom Accounts, European Accounts (excluding UK and Switzerland), Australian Accounts, Switzerland, South Africa, Singapore, and New Zealand Accounts, Dubai Accounts, Japan Accounts, US (IG) Accounts, USA (NADEX) Accounts
📱 Trading PlatformMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💳 Minimum Deposit (RWF)250
💵 Trading AssetsForex, Indices, Shares, Commodities, Cryptocurrencies, Futures, Options
📱 Rwandan Franc-based Account?No
✔️ RWF Deposits Allowed?No
💸 Bonuses for Rwandan traders?No
📊 Minimum spreadFrom 0.1 pips DMA
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
IG is a well-regulated CFD and forex broker and a global name in the trading industryThere are deposit fees applied to funding options
Traders have access to trading accounts for their specific regionThe minimum deposit is higher than that of competitors
There are flexible trading and non-trading fees that cater for all types of tradersIslamic accounts are only available to Dubai residents
Rwandan traders have access to a large range of marketsIG only offers a few payment methods that can be used by Rwandan traders for deposits and withdrawals
There is an impressive portfolio of trading platforms offeredThere is no RWF-denominated account or deposit currency

5. Markets.com

Overall Rating

Min Deposit

USD 100 / 101639 RWF

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

Markets.com is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 2010 and is headquartered in Cyprus, but it offers services to traders around the world.

 

Markets.com offers a wide range of trading instruments, including over 2,000 currency pairs, commodities, indices, shares, and cryptocurrencies. It also offers access to several trading platforms, including MetaTrader 4 and its proprietary Markets platform.

 

One of the key features of Markets.com is its educational resources. It offers a range of educational materials, including webinars, articles, and video tutorials, to help traders improve their skills and knowledge. It also provides a demo account that traders can use to practice their trading strategies without risking any real money.

 

In terms of regulation, Markets.com is licensed and regulated by several regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC).

 

Markets.com also offers several account types to cater to the needs of different traders, including a standard account, a professional account, and a demo account.

 

Overall, Markets.com is a reputable and established trading platform that offers a range of trading instruments, educational resources, and account types to Rwandan traders.

 

Unique Features

FeatureInformation
⚖️ RegulationASIC, CySEC, FSCA, FCA, BVI FSC
📲 Social Media Platforms• Facebook
• Instagram
• Twitter
• YouTube
⚖️ RWF Regulation?No
💻 Trading AccountsMarketsX, Marketsi, MetaTrader 4, MetaTrader 5, MarketsX App
📱 Trading PlatformMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💳 Minimum Deposit (RWF)99
💵 Trading AssetsShares, Bonds, Cryptocurrencies, Forex, Primary CFDs, ETFs, Indices, Blends, Commodities
📱 Rwanda Franc-based Account?No
✔️ RWF Deposits Allowed?No
💸 Bonuses for Rwandan traders?No
📊 Minimum spread0.8 pips EUR/USD
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
Markets.com offers over 2,200 financial instruments that can be traded, including CFDsThe proprietary trading platform could be too simplified for advanced traders
Rwandan traders have access to a range of educational materialsRwandan traders cannot register an account with RWF as the base account currency
Commission-free trading is offeredAn inactivity fee is applied to dormant accounts
Markets.com offers competitive trading conditionsRwandan traders do not have any local payment options for deposits or withdrawals
Rwandan traders have the option of converting a live trading account into that an Islamic account

6. Tickmill

Overall Rating

Min Deposit

USD 100

Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

Tickmill is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 2014 and is headquartered in Seychelles, but it offers services to traders around the world.

 

Tickmill offers a wide range of trading instruments, including over 60 currency pairs, commodities, indices, and bonds. It also offers access to several trading platforms, including MetaTrader 4 and its proprietary WebTrader platform.

 

One of the key features of Tickmill is its low spreads and commissions. It offers some of the lowest spreads in the industry, which can help traders save on trading costs.

 

In terms of regulation, Tickmill is licensed and regulated by several regulatory bodies, including the Seychelles Financial Services Authority (FSA), the Financial Conduct Authority (FCA) in the UK, and the Cyprus Securities and Exchange Commission (CySEC).

 

Tickmill also offers several account types to cater to the needs of different traders, including a classic account, a pro account, and a demo account.

 

Overall, Tickmill is a reputable and established trading platform that offers a range of trading instruments, low trading costs, and account types to Rwandan traders.

 

Unique Features

FeatureInformation
⚖️ RegulationSeychelles FSA, FCA, CySEC, Labuan FSA, FSCA
📲 Social Media Platforms• Facebook
• Twitter
• LinkedIn
• YouTube
• Instagram
• Telegram
⚖️ RWF Regulation?No
💻 Trading AccountsPro Account, Classic Account, VIP Account
📱 Trading PlatformMetaTrader 4, MetaTrader 5
💳 Minimum Deposit (RWF)100
💵 Trading AssetsForex, Stock Indices, Energies, Precious Metals, Bonds, Cryptocurrencies
📱 Rwandan Franc-based Account?No
✔️ RWF Deposits Allowed?No, only USD, GBP, EUR, IDR, CNY, VND, or RUB
💸 Bonuses for Rwandan traders?Yes
📊 Minimum spread0.8 pips
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
Tickmill is reputable and has a high trust scoreThere is no RWF-denominated account offered to Rwandan traders, which may subject them to currency conversion fees
Tickmill offers a choice between a dynamic retail account and offers an Islamic account to Muslim Rwandan tradersThe spreads which are offered are not the tightest
Tickmill caters extensively for advanced Rwandan traders by offering AutoChartist, VPS< and FIX API
Commission-free trading is offered and there are no fees on either deposits or withdrawals

6. IC Markets

Overall Rating

Min Deposit

USD 200 / 205 900 RWF

Regulators

ASIC 

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

IC Markets is a forex and CFD trading platform that is available to Rwandan traders. It was founded in 2007 and is headquartered in Sydney, Australia, but it offers services to traders around the world.

 

IC Markets offers a wide range of trading instruments, including over 60 currency pairs, commodities, indices, and cryptocurrencies. It also offers access to several trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary cTrader platform.

 

One of the key features of IC Markets is its low spreads and fast execution speeds. It offers some of the lowest spreads in the industry, and its servers are located in Equinix data centers, which can help to ensure fast and reliable execution.

 

In terms of regulation, IC Markets is licensed and regulated by several regulatory bodies, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

 

IC Markets also offers several account types to cater to the needs of different traders, including a standard account, a raw spread account, and a demo account.

 

Overall, IC Markets is a reputable and established trading platform that offers a range of trading instruments, low trading costs, and fast execution speeds to Rwandan traders.

 

Unique Features

FeatureInformation
⚖️ RegulationASIC, CySEC, FSA, SCB
📲 Social Media Platforms• Facebook
• Twitter
• Instagram
• LinkedIn
⚖️ RWF Regulation?No
💻 Trading AccountscTrader Account, Raw Spread Account, Standard Account
📱 Trading PlatformMetaTrader 4, MetaTrader 5, cTrader
💳 Minimum Deposit (RWF)201
💵 Trading AssetsForex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, Futures
📱 Rwandan Franc-based Account?No
✔️ RWF Deposits Allowed?No
💸 Bonuses for Rwandan traders?No
📊 Minimum spread0.0 pips
💻 Demo AccountYes
☪️ Islamic AccountYes

 

Pros and Cons

✔️ Pros❌ Cons
IC Markets has a high trust score and a decent market share in Rwanda, despite the competition that it faces with other brokers in the regionThere is a high initial deposit requirement
IC Markets offers a choice between three powerful, popular trading platforms and the benefit that mobile trading apps are supported by all threeThere could be currency conversion fees when Rwandan traders deposit funds in RWF
IC Markets has a true ECN model and allows any type of trading strategyThere is no RWF-denominated trading account
Advanced traders have access to FIX API when they use cTrader
IC Markets is known for its low trading and non-trading fees
Rwanda traders have access to a demo account and Islamic Account conversion option when they trade using IC Markets

A Dive into the Details Behind Contract for Differences

A Contract for Differences (CFD) is a financial contract that allows two parties to speculate on the price movements of an underlying asset, without actually owning the asset. The parties involved in a CFD are typically a buyer and a seller, and the contract is settled in cash.

 

CFDs are often used in financial trading, where the buyer and seller agree to exchange the difference in the value of the underlying asset between the opening and closing of the contract. This means that the buyer can profit if the price of the underlying asset increases, while the seller can profit if the price of the underlying asset decreases.

 

CFDs can be used to speculate on a wide range of financial assets, including stocks, commodities, currencies, and indices. They are often used by traders who want to take advantage of short-term price movements in the market, without actually owning the underlying asset.

 

One advantage of CFDs is that they allow traders to use leverage, which means that they can trade with larger positions than they would be able to with their own capital. However, trading with leverage also increases the risk of losses.

 

CFDs are typically traded through a broker, who acts as an intermediary between the buyer and seller. The broker charges a commission or spreads on the trade, which is how they make money from the transaction.

 

It’s important to note that CFDs are a high-risk form of trading and may not be suitable for everyone. It’s important to understand the risks involved and to only trade with money that you can afford to lose.

How to Choose a Forex Broker

How to Choose a Forex Broker

 

Choosing a forex broker is an important decision for any trader, as it can significantly impact their trading experience and profitability. Here are some factors to consider when choosing a forex broker:

 

Regulation

It’s important to choose a broker that is regulated by a reputable financial authority in their home country or the country where they operate. This provides a level of protection for traders, as regulated brokers must adhere to certain standards and rules.

 

Trading platforms 

The broker’s trading platform should be user-friendly, and reliable, and offer a range of tools and features that suit the trader’s needs. Traders should consider whether the platform is available on desktop and mobile devices and whether it offers access to a range of financial instruments.

 

Spreads and fees

Traders should compare spreads and trading fees across different brokers to find the most competitive pricing. While low spreads can be beneficial, traders should also consider other fees such as commissions and swap rates.

 

Customer support

 

The broker should offer responsive and helpful customer support that is available through multiple channels, such as phone, email, and live chat.

 

Educational resources

The broker should provide educational resources such as webinars, tutorials, and market analysis to help traders improve their skills and knowledge.

 

Deposit and withdrawal options

Traders should consider the broker’s deposit and withdrawal options and ensure that they support their preferred payment methods.

 

Reputation

Traders should research the broker’s reputation online and look for reviews from other traders to get an idea of their experience with the broker.

 

By considering these factors, traders can choose a forex broker that meets their needs and helps them achieve their trading goals.

Best CFD Brokers in Rwandan in 2024

Rwanda Broker with the largest range of tradable assets

Overall Rating

Min Deposit

USD 100

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

AvaTrade accommodates all kinds of traders and offers comprehensive and unique solutions. Part of its chart is attributable to the large range of tradable assets which are available across third-party and proprietary trading platforms and mobile apps.

 

Best and Award-Winning Proprietary Trading Platform for Rwanda

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

Metatrader 4 and Metatrader 5

Crypto

Yes

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

OANDA has our vote as an award-winning broker that offers one of the best trading platforms in the industry. With the OANDA platform, you can trade across all available asset classes, access your trading account, and use a range of sophisticated functions, analyses, features, tools, and more.

 

Best Commission-Free Trading Account Broker in Rwanda

Overall Rating

Min Deposit

USD 100 / 101639 RWF

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Rwanda traders who are looking for the best way to reduce their trading costs can explore what Markets.com offers. Markets.com is known for offering commission-free trading along with competitive spreads on all trading instruments.

 

Best Proprietary Trading Software for Beginner Rwanda

Overall Rating

Min Deposit

USD 100 / 101639 RWF

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Markets.com does not only offer one proprietary trading platform, but two. This allows Rwanda traders to explore both trading and investing simultaneously. Markets.com offers its trading platforms over a range of devices and the MarketsX platform is available for mobile use.

 

Best Social Trading Broker in Rwanda

Overall Rating

Min Deposit

USD 100

Regulators

ASIC, FSA

Trading Desk

MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

AvaTrade is a remarkable forex and CFD broker that offers access to a range of CFD instruments and a choice of trading platforms through which they can be traded. AvaTrade offers some of the best social trading opportunities to Rwanda traders across devices, including mobile trading apps.

 

Best true ECN Broker in Rwanda

Overall Rating

Min Deposit

USD 200 / 205 900 RWF

Regulators

ASIC 

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Trading with a broker that offers ECN execution has many benefits and Rwandans need not look further than IC Markets for the best true ECN broker. IC Markets is well-regulated and offers some of the most competitive trading conditions in the CFD trading industry.

 

Best CFD Broker for Professional Traders

Overall Rating

Min Deposit

USD0

Regulators

IGRs

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

80

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

IG Markets is not only a flexible broker that offers a range of trading opportunities, but the broker also hosts a range of unique solutions and trading platforms that cater to professional Rwanda traders.

 

Best Affiliate Program Broker in Rwanda

Demo Account Forex Brokers in Nigeria

 There are many advantages to signing up for an affiliate program with a CFD broker. Rwanda will find that Exness offers an attractive affiliate program that pays up to $1,770 in commissions according to the referrals. In addition, Rwandan affiliates can earn up to $25 for every referral that signs up for an account.

 

Best Trading Platform for Rwanda Mobile Traders

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

Metatrader 4 and Metatrader 5

Crypto

Yes

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

OANDA is well-known for its award-winning trading software which includes a flexible mobile app. The mobile app offers Rwanda a complete suite of advanced charting options, analysis, performance metrics, and updated market news and analysis.

FAQ

What is the meaning of “CFD”?

Online trading brokers create a Contract for Difference to track the real-time price of an underlying asset or financial instrument. A CFD allows you to speculate on the price movements of this instrument without taking ownership of the asset or instrument.

 

What are the benefits associated with CFDs?

Some of the benefits associated with CFDs include leveraged trading and the fact that they can be traded 24 hours a day using a range of trading strategies. In addition, with CFDs, Rwandan traders do not need a significant amount of capital to start trading.

 

Which is the best trading software for CFD trading in Rwanda?

cTrader, MetaTrader 4, and MetaTrader 5 are three of the best trading platforms for Rwandan CFD traders.

 

Which Forex Broker in Rwanda offers the most CFD instruments?

IG is one of the most prominent CFD trading brokers that offers over 17,000 financial instruments, including a wide range of CFDs.

 

How do CFD Trading Platforms make money?

CFD Platforms that offer commission-free CFD trading in Rwanda will make their fees from the spread.

 

Which CFDs can I trade online in Rwanda?

You can trade anything from forex to stocks, indices, cryptocurrencies, bonds, interest rates, exchange-traded funds, commodities, and much more.

 

Can I make money trading CFDs?

Yes, you can be profitable when you trade CFDs. However, CFD trading is a very risky trading strategy that is done by more advanced traders.

 

How do I short-sell with CFDs?

You do this when you believe that a financial instrument’s price will depreciate instead of appreciating. You do not buy low and sell high but instead, you sell high and buy low, allowing you to profit from the depreciation of the underlying instrument.

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