The best brokers in Chile to invest in the stock market in 2023

✔️ Information reviewed and updated in April 2024 by Eduardo López

In Chile we also have the possibility of investing in the stock market, thanks to the fact that today 100% digital platforms are available which we can use to carry out our operations. However, technological evolution has meant that there are more platforms at our disposal, so knowing Which are the best brokers in Chile is essential to start operating safely.

Capitalix

Minimum deposit: $ / € 0
Leverage: Up to 1: 30
Regulation: FSA

Valuation:

Wide variety of cryptocurrencies available to diversify portfolios.
Transparency regarding fees and policies
Limitations on some financial products offered

We will start our list of The recommended brokers in Chile talking about Capitalix, a platform which allows easy trading on the stock market, available in a desktop version, and also in application versions for both iOS and Android.

Among the features that stand out the most are:

  • economic calendar

You will be able to make smart investments by creating a strategy, predicting market volatility based on upcoming economic events.

  • market indicators

They will allow you to forecast trends and make the right decisions, thanks to the different indicators that will show you the fluctuation and indicate the moments in which you should open or close a position.

  • Psychology

Although our emotions or feelings are difficult to measure, Capitalix offers a tool which allows you to measure the feeling, in relation to the open positions of purchase or sale of each of your assets.

SEE CAPITALIX REVIEW


Equity

Minimum deposit: $ / € 0
Commissions: 0,20% per trade
Regulation: FSC

Valuation:

It offers the largest number of cryptocurrencies to diversify portfolios.
Lower transaction fees compared to traditional financial services.
It offers fast and efficient customer service.
Few cryptocurrencies available

This is one of the best brokers, mainly because of the large number of tools it provides so that you can trade. The most important thing is its tools, which are not entirely specialized, since they are available to amateur and professional traders, depending on the level in which you are.

Among its features are:

  • Trading with leverage

It allows you to trade with a rate of leverage, growing a relatively small investment.

  • Access to the world's most popular assets

You will be able to trade in the most important assets in the market, including stocks and of course, Forex.

  • advanced analytics

You will have at your disposal analysis tools such as graphs, returns and other types of signals that will help you in your growth as a Trader.

SEE EQUIITY REVIEW


XTB

Minimum deposit: $ / € 0
Leverage: Up to 1: 30
DEMO account: Yes
Platform: xNUMX xStation
Regulation: CNMV

Valuation:

Wide range of technical and fundamental analysis tools.
Low spreads on most financial instruments.
It offers fast and efficient customer service.
The withdrawal process can be slow or uncomfortable for some customers.
Financing costs higher than other brokers in some operations.

The next of our recommended brokers is XTB, an extremely popular platform which offers the possibility of trading with more than 5800 instruments. It has various international regulations, as well as training at different levels, and due to its customer service in Spanish, it is perfectly recommended for Chilean traders.

eToro

Minimum deposit: $ / € 0
Leverage: Up to 1: 200
DEMO account: Yes
Platform: eToro
Regulation: FCA, CySEC

Valuation:

Wide range of technical and fundamental analysis tools.
Low spreads on most financial instruments.
It offers fast and efficient customer service.
The withdrawal process can be slow or uncomfortable for some customers.
Financing costs higher than other brokers in some operations.

To close our list of platforms to invest in the stock market, we cannot stop talking about eToro, a broker regulated by various authorities around the world, making it global and safe, providing support for more than 25 million users worldwide.

SEE ETORO REVIEW


What are brokers?

A broker is an intermediary between clients and the financial market, putting the seller and the buyer in contact, in the best possible conditions for both.

These platforms provide information, support and, above all, security for buyers and sellers.

What platforms to invest in the stock market?

There are various platforms with which you can operate on the Stock Market, being the main link for investors to enter the world of Trading.

The platforms are essential to operate in the financial markets, so choosing an operating platform to invest in the online stock market is essential.

Broker Types

There are various classifications regarding brokers, according to the assets in the financial field under which they operate, all these depend on the products offered and according to this criterion, we can distinguish the following types of Brokers:

Stock Broker

Its type of offer is mainly focused on the shares of companies that are listed on the stock exchange.

futures broker

These companies are brokers, they focus on futures available on regulated stock exchanges. Futures can be stocks, currencies, commodities, etc.

forex broker

Today it is possible to operate in the foreign exchange market, the largest in the world.

Best platforms for trading

Although, in our broker comparator we analyze various options, it is also important that you know the platforms under which the brokers work.

The best known are:

  • NAGA
  • MetaTrader
  • ProRealTime
  • Ninjatrader

How to choose the best broker?

Our list of the best brokers in Chile has the objective that you can choose the best one for you, under the following requirements:

  • Choose one that has a regulation from a reliable international entity.
  • Choose the one that grants the financial instruments in which you are interested.
  • Analyze the different options and focus on those that offer more technical information.

Which is the safest?

Any of the recommended brokers in Chile is safe to operate on the stock market, because we only choose platforms that have the support of highly prestigious institutions worldwide.

Forex market hours

The Forex market hours depend on the active schedule and taking into account the New York Stock Exchange, the hours are as follows:

In US Daylight Saving Time, the market opens on Sundays at 6 PM and closes on Fridays at 6 PM

During winter hours in the United States, the market opens on Sundays at 7 PM in Chile and closes on Fridays at the same time.

FAQs

Which broker is right for me?

Choosing the most convenient broker for you requires more than just analyzing which are the recommended brokers in Chile, in this case it is extremely valuable that you activate a demo account in each of them. This will help you to familiarize yourself with the information they provide, the platform, its functionality, and even how interactive it is.

Which broker charges less?

The brokers that charge less are those who do not have regulations, however, they are not usually recommended for traders at an initial level. Based on our various analyses, Capitalix is ​​the one that charges the lowest commission rate.

What brokers are regulated in Chile?

The institution in charge of supervising and regulating the securities markets is the Commission for the Financial Market (CMF), and some of the regulated entities that provide services in Chile are: AvaTrade and XM.

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Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

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