#1 Rated Broker

J.P. Morgan Self-Directed

Capital at risk · T&Cs apply

24 brokers ranked No paid placements

Best ETF Brokers in Panama 2026

Top ETF brokers accepting traders from Panama. Compare commission, ETF range, fractional shares, and account minimums.

Updated 28 May 2026Rankings are editorially independent — never influenced by commercial partnerships

Based on our 2026 quantitative rating of 24 brokers, J.P. Morgan Self-Directed (3.37/5), LHV, and Avenue Securities rank as the top choices. J.P. Morgan Self-Directed leads with regulation from SEC, FINRA and 0 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 J.P. Morgan Self-Directed — 3.37/5 · Regulated: SEC, FINRA · Min deposit: $0
#2 LHV — 3.36/5 · Regulated: Finantsinspektsioon, FCA
#3 Avenue Securities — 3.36/5 · Regulated: SEC, FINRA

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24 brokers

Top Picks

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J.P. Morgan Self-Directed

SECFINRA

3.4/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

J.P. Morgan research access
Seamless Chase banking integration

Fees Regulation

Visit Broker Review

LHV

FCAFinantsinspektsioon

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Estonian Finantsinspektsioon and FCA regulated
Nasdaq Baltic, Helsinki, Stockholm access

Fees Regulation

Visit Broker Review

Avenue Securities

SECFINRACVM

3.4/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

SEC, FINRA and CVM regulated
Largest US stock platform for Brazilians ($1B+ AUM)

Fees Regulation

Visit Broker Review

Also Ranked — 21 brokers

Longbridge

MASSFC

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Modern mobile-first platform
Options trading with advanced tools

Fees Regulation

Visit Broker Review

KSecurities

SEC

3.3/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

K-Cyber Trade platform
SEC Thailand regulated

Fees Regulation

Visit Broker Review

Stash

SECFINRA

3.3/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Fractional shares from $1
6M+ users

Fees Regulation

Visit Broker Review

RHB Securities

MASSC Malaysia

3.3/ 5

Min. Deposit

Max Leverage

1:2

Spreads From

0 pips

Commission

0.1

One of Malaysia's largest banks
Bursa Malaysia full access

Fees Regulation

Visit Broker Review

KTBST Securities

SEC

3.3/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

IPO subscription
Krungthai Bank backing — state-owned bank

Fees Regulation

Visit Broker Review

Motilal Oswal

SEBI

3.3/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Strong research and advisory
SEBI regulated since 1987

Fees Regulation

Visit Broker Review

#10

Wealthfront

SECFINRA

3.2/ 5

Min. Deposit

$500

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Automated diversified portfolios
SEC/FINRA regulated

Fees Regulation

Visit Broker Review

#11

Cash App Investing

SECFINRA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

SEC/FINRA regulated
Zero commission stocks, ETFs and Bitcoin

Fees Regulation

Visit Broker Review

#12

EasyEquities

FSCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.25

1M+ South African users
EasyProperties for real estate

Fees Regulation

Visit Broker Review

#13

SBI Securities

FSA

3.2/ 5

Min. Deposit

Max Leverage

1:3

Spreads From

0 pips

Commission

Commission-free

FSA regulated
Zero commission Japanese stocks

Fees Regulation

Visit Broker Review

#14

Moneybox

FCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

1M+ UK users
FCA regulated

Fees Regulation

Visit Broker Review

#15

Vanguard UK

FCA

3.2/ 5

Min. Deposit

$500

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Trusted Vanguard brand
FCA regulated

Fees Regulation

Visit Broker Review

#16

Bestinvest

FCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

FCA regulated since 1986
Free coaching from financial experts

Fees Regulation

Visit Broker Review

#17

Chipper Cash

FCABoG

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

US stock and ETF investing
5M+ users across Africa

Fees Regulation

Visit Broker Review

#18

HSBC InvestDirect

FCAMASSFC

3.2/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

10.5

International account portability
Integrated with HSBC banking globally

Fees Regulation

Visit Broker Review

#19

FSMOne

MAS

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.08

MAS regulated
8,000+ unit trusts and ETFs

Fees Regulation

Visit Broker Review

#20

Tinkoff Investments

CBR

3.2/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.05

Crypto trading available
Social and copy trading features

Fees Regulation

Visit Broker Review

#21

Fortuneo

AMFACPR

3.1/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

AMF and ACPR regulated
Integrated banking

Fees Regulation

Visit Broker Review

#22

Daman Securities

SCA

3.0/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

ADX and DFM access
FTSE ADX 15 and UAE blue-chip stocks

Fees Regulation

Visit Broker Review

#23

Freetrade

FCA

3.0/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Clean, simple mobile app
Commission-free stock trading

Fees Regulation

Visit Broker Review

#24

Rakuten Trade

2.9/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.1

US market via Rakuten Securities
Competitive fees

Fees Regulation

Visit Broker Review

Frequently Asked Questions

How do we rank brokers?

Our rankings use a weighted algorithm covering regulation (25%), fees (20%), platform quality (15%), market variety (10%), trust/longevity (15%), and user experience (15%). Scores are recalculated every 24 hours.

How often are rankings updated?

Rankings are refreshed every 24 hours using live broker data and our AI-powered content pipeline.

Are these rankings paid placements?

No. Positions are determined solely by our scoring algorithm. We may earn affiliate commissions when you click through to a broker, but this does not influence rankings.

What is the minimum deposit to trade forex in Panama?

19 brokers on this list accept traders from Panama with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Panama is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, J.P. Morgan Self-Directed currently ranks #1 with a score of 3.4/5. Scores are recalculated every 24 hours as broker data changes.

Our #1 pick for 2026

J.P. Morgan Self-Directed

SEC3.4/5

Visit Broker Full Review

How do we rank brokers?

Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.

Full methodology

Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.

Our Partner Brokers

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.1

FCA

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Libertex

3.7

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Best ETF Brokers in Panama 2026

J.P. Morgan Self-Directed

LHV

Avenue Securities

Longbridge

KSecurities

Stash

RHB Securities

KTBST Securities

Motilal Oswal

Wealthfront

Cash App Investing

EasyEquities

SBI Securities

Moneybox

Vanguard UK

Bestinvest

Chipper Cash

HSBC InvestDirect

FSMOne

Tinkoff Investments

Fortuneo

Daman Securities

Freetrade

Rakuten Trade

Frequently Asked Questions

How do we rank brokers?

How often are rankings updated?

Are these rankings paid placements?

What is the minimum deposit to trade forex in Panama?

Which is the top-rated broker in this list for 2026?

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