Best CFD Brokers and Trading Platforms in Panama 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top CFD brokers in Panama based on our analysis:
- 1
AvaTrade - Best CFD broker in Panama - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. A rich set of educational resources and market analysis. - 3
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 4
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 5
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 6
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 7
- 8
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 9
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 10
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
The CFD brokers and trading platforms we recommend in this guide for Panama have been tested with real accounts and compared using an objective scoring system. We focus on regulated CFD brokers that accept clients from Panama, offer competitive trading costs and provide solid tools for trading the main global markets.
Comparison of the Best CFD Brokers in Panama
| Broker |  AvaTrade |  Libertex |  FP Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 1996 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC | ASIC ASIC CySEC CySEC FSCA FSCA SVGFSA SVGFSA SFSA SFSA |
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
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| Review | AvaTrade Review | Libertex Review | FP Markets Review |
| Broker Comparison | |||
| RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
Best CFD Trading Platforms in Panama 2025
1. AvaTrade
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. Libertex
Libertex is an established broker with a broad range of instruments and a solid educational base. The Libertex and MT4/MT5 platforms support both self-directed trading and ready-made solutions: copy trading (Libertex Social), model portfolios, and curated investment ideas.
Traders get multiple account types for different styles, competitive costs with zero deposit fees, and convenient funding/withdrawal options. Regular research, an economic calendar, and trading signals help with planning and risk management. A limitation is the absence of fixed-spread and Islamic accounts, which may matter to some investors.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- A rich set of educational resources and market analysis.
- Strong platform lineup: proprietary Libertex and professional MT4/MT5.
- Copy trading and investing in stocks and ETFs are available.
- Instant, fee-free deposits and a wide choice of funding and withdrawal methods.
Cons
- An inactivity fee applies.
- No fixed-spread accounts and no Islamic accounts.
3. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
4. AMarkets
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
5. RoboForex
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
6. FxPro
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
7. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
8. ActivTrades
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
9. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
10. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
What is a CFD?
Contracts for Difference (CFDs) are financial derivatives that let you speculate on the price movements of an underlying asset without owning it. Through a CFD you can trade shares, indices, commodities, currencies or cryptocurrencies by entering into a contract with the broker to exchange the difference in price between the opening and closing of the position.
Instead of buying the full asset, you trade on margin. This makes CFDs flexible but also very risky: leverage can magnify both profits and losses.
How CFDs differ from other financial instruments
Compared with buying shares or crypto directly:
- You do not own the underlying asset – you only speculate on its price.
- You can easily open long (buy) or short (sell) positions.
- You use leverage provided by the CFD broker, which lowers the initial capital required but increases risk.
- You can usually access many global markets from a single CFD trading platform.
Pros and cons of CFD trading
Advantages
- Leverage – lets you control large positions with relatively small capital.
- Flexibility – possibility to try to profit from both rising and falling markets.
- Diversification – access to Forex, indices, shares, commodities and crypto from one CFD provider.
- Advanced platforms – many CFD trading platforms offer powerful charting, algorithmic trading and professional tools.
Disadvantages
- High risk – leverage can lead to fast and larger-than-expected losses.
- Complexity – CFDs are not simple products for beginners; you need to understand margin, volatility and risk management.
- Financing costs – holding positions overnight can generate swap or funding fees.
- Counterparty risk – you depend on the strength and regulation of the CFD broker, so choosing the best regulated CFD broker available to you is essential.
Key factors when choosing a CFD broker in Panama
1. Regulation and safety
Prioritise regulated CFD brokers supervised by reputable authorities such as the FCA (UK), CySEC (Cyprus), ASIC (Australia) or other well-known regulators. These frameworks impose strict rules on capital, negative balance protection and segregation of client funds. Avoid CFD providers with unclear licences or a poor reputation.
2. Trading commissions and costs
Check spreads, any dealing commissions and overnight financing charges. With leveraged products, even small differences in spreads can strongly affect your long-term results. For many Panamanian traders, a transparent fee structure is more important than simply the lowest spread on a single asset.
3. The best CFD trading platform for your style
The best CFD trading platform is not the same for everyone:
- Some traders prefer MetaTrader for its ecosystem of indicators and robots.
- Others like simpler proprietary platforms with a clean web interface and strong mobile app.
- If you trade news or scalp, execution speed and server stability are critical.
Choose a broker that gives you the right combination of platform, tools and execution conditions.
4. Markets and types of CFDs available
Make sure the broker offers the markets you actually want to trade: currency pairs relevant for Latin America, global indices, major US and European stocks, key commodities or popular cryptocurrencies. Some CFD brokers specialise in Forex, others in stock or index CFDs; pick a provider whose product range fits your trading plan.
5. Payment methods and customer support
For traders in Panama, convenient deposits and withdrawals matter: cards, e-wallets and clear international bank transfer options. Fast customer support in Spanish or English (chat, email or phone) is very helpful when you have questions about orders, swaps or account verification.
6. Education and extra tools
The best CFD brokers provide webinars, educational articles, video courses and regular market analysis. If you are a beginner, these resources help you understand leverage, build a trading plan and learn how to use the platform safely.
How we chose the best CFD brokers for Panama
To select the brokers on this page, we follow a structured process:
- We start from our global list of Forex brokers, where we already test overall service quality using real accounts.
- We analyse each CFD provider according to criteria such as regulation, execution quality, platform stability, price transparency and customer support.
- We verify whether the broker accepts residents of Panama and offers reasonable conditions for Latin-American traders (accessible deposits, USD accounts, Spanish-language support, etc.).
- We prioritise brokers with strong reputations, years of experience and clear investor-protection measures for retail clients.
- Finally, we rank the list by combining these factors so you can quickly compare which CFD brokers and providers best fit your risk profile and available capital.
Our goal is not to crown a single absolute winner, but to give you a curated selection of regulated CFD brokers so you can choose the one that suits you best.
FAQ
Which trading platform is the most reliable?
There is no single trading platform that is “most reliable” for every trader. What matters is that the broker behind it is well regulated, has a solid reputation and offers stable execution. From there, you can choose the platform (MetaTrader, cTrader or a proprietary web/mobile platform) that feels most comfortable to you.
Who is number 1 in trading?
There is no universal “number 1” in trading. Some traders excel in specific markets or styles, but everyone has different capital, risk tolerance and goals. Instead of looking for the best trader in the world, focus on developing your own strategy and finding the CFD broker that fits you.
Which trading platform is used the most?
Globally, MetaTrader 4 and MetaTrader 5 are among the most widely used platforms, especially for Forex and CFDs. However, many brokers also offer their own web and mobile platforms. The key is that your platform is stable, has the tools you need and is integrated with a regulated broker.
Which type of trading is the most profitable?
No single trading style is the most profitable for everyone. Scalping, day trading and swing trading can all be profitable but also very risky. The key is to choose an approach that fits your time, psychology and experience, and apply it with discipline on the best CFD trading platform you have access to.
What is the best CFD trading platform for Panama?
There is no single best platform for all traders in Panama. Some prefer MetaTrader for its robots and indicators, others choose simple web platforms with strong mobile apps. What really matters is trading with a regulated CFD broker, with reasonable costs and a platform that lets you execute your trading plan without technical problems.
Do CFD brokers in Panama also offer Forex trading?
Yes. Many CFD brokers that accept clients from Panama also provide access to the global Forex market, including major, minor, and exotic currency pairs. If you're mainly interested in Forex trading conditions, check our comprehensive comparison of the best Forex brokers in Panama to find platforms with competitive spreads, strong regulation, and reliable execution.
