✔️ Information reviewed and updated in October 2024 by Eduardo López
If you are from Guatemala and you are thinking of investing in the stock market, the first thing you should do is choose the platform through which you will carry out your operations. In this case, it is important that you choose one of the best brokers in Guatemala that we will tell you about below.
Capitalix
We will begin our analysis of The best recommended brokers in Guatemala with Capitalix, a regulated, honest and reliable broker, which provides transparency to its clients by completely separating the funds of the company and those of the clients.
Capitalix will allow you to enter the capital market with great benefits and low commissions, as well as an extremely high level of leverage for the most advanced traders.
Of course, it offers the possibility of operating with the most important and popular assets worldwide, among which we find Forex, Cryptocurrencies, shares, metals and raw materials.
The next of the brokers chosen as the best brokers is Equiity, an extremely simple platform, which will also provide you with specialized and personalized support at all times.
To start using Equiity you must open an account according to your needs and objectives, in which you can access services and tools to carry out your operations.
With Equiity you can develop your knowledge in parallel, becoming familiar with Trading, its tools, the assets and the risks involved in carrying out each operation.
Furthermore, Equiity allows experienced traders to trade CFDs.
eToro
If you love being in contact with other traders and learning from them, the best option is eToro, since in addition to being one of our recommended brokers, it is a true social network for Traders.
With eToro you can use the collective wisdom of millions of investors around the world, since it offers its powerful CopyTrader tool, with which you can automatically copy the movements of the best investors in the world.
XTB
We could not stop talking about one of the platforms to invest in the stock market such as XTB, a platform that provides a large number of resources to learn complex instruments and that need resources to understand the high risk of each one.
Among its educational resources are more than 1000 articles, questions and answers, Videos, market analysis news and webinars given by XTB experts.
What are brokers?
A broker is an agent who is in charge of executing purchase-sale operations in terms of financial instruments, requested by clients.
A broker has the main objective of being the intermediary, connecting both buyers and sellers, at the right time.
Each broker offers a platform with which it is allowed to operate with different financial instruments, among which may be: shares, stock market indices, metals or raw materials.
What platforms to invest in the stock market?
Choosing a trading platform to invest in the online stock market is extremely important, since this Online software will provide you with the possibility of buying, selling and managing your securities and financial instruments.
The platform will manage from the opening of your account, adding your funds, defining the financial instrument of your choice and, of course, starting to open your positions.
Broker Types
There are a large number of brokers according to different criteria of each one, below I will tell you some of the most important ones.
Online Broker
They have become one of the most popular on the market, as they are used by active traders in a large number of remote markets.
This type of Broker has also become popular for its low commission charges, and research services, strategy planning, and expert advice.
discount broker
This type of broker offers low commissions on financial transactions, and is used by investors, but especially focused on day trading.
These types of platforms provide research tools, indicators and analysis profiles to trade.
Full Service Broker
These types of tools offer a wide range of financial services, including loans, leverage, tax advice, asset management, planning and strategy, and even banking services.
Best platforms for trading
The platforms to do Trading software online, are the ones that allow you to sell, buy and manage financial instruments and manage exchanges.
The best known are:
NAGA
An extremely complete software, which provides support to interact with other traders and copy their operations.
ProRealTime
One of its main features is the use of real-time data, which is highly technical and complete.
MetaTrader
This platform is focused on Forex, but it can also be used for other markets.
Ninjatrader
Among its main features are its advanced graphics and simulation of operations, which will allow you to put your strategies into practice.
How to choose the best broker?
It is not easy to choose the best platform to invest, however, the options that we give you in our broker comparator are totally valid.
Although there is no perfect platform, there is one that best suits your needs and objectives.
Which is the safest?
The safest brokers are those regulated by the most reputable international entities. The best brokers in Guatemala that we analyze in this text are extremely safe.
Forex market hours
According to the New York Stock Exchange, the Forex market opens at 5 PM Guatemala time on Sundays, and closes at 5 PM on Fridays.
However, when the United States is in winter time, the market opens at 6 PM in Guatemala and closes on Sundays at the same time.
FAQs
The one that suits you best is the broker that suits your needs and objectives, that provides the currencies in which you want to trade, and that allows you to build the best strategies.
The brokers that charge lower commissions are usually the unregulated ones, however we do not recommend them.
There is no broker regulated by any Guatemalan financial entity, nor by the Superintendency of Banks (SIB), nor the National Securities Market Commission (CNMV).
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