✔️ Information reviewed and updated in October 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
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.
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.
XTB
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
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.
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
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.
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.
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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