Argentina’s retail investor base is growing fast, which means there are more options to choose from when you’re looking for an online broker. Whether you want to invest in U.S. tech giants, local Argentine stocks, or crypto assets, choosing the right platform can make a notable difference in navigating local market risks.
We compare the top online brokers serving investors in Argentina, including platforms that offer access to U.S. and Latin American markets, low commissions, strong regulatory backing, and easy-to-use platforms. From beginners to seasoned traders, we cover the tools and features you need to grow your portfolio.
How We Chose the Best Online Brokers in Argentina
Our evaluation follows a methodology, tailored to Argentina’s unique investing environment. We assessed each broker on:
- Commission structure: Transparent pricing, foreign transaction fees (FX), and overall cost to trade across stocks, exchange-traded funds (ETFs), and more
- Platform usability: Mobile and web experience, real-time data, and execution reliability
- Account types: Local and international accounts, minimums, and custodial structures
- Customer support: Localized service, response times, and availability in Spanish
- Asset access: U.S. stocks, Argentine equities on the main Bolsas y Mercados Argentinos (BYMA) stock exchange, ETFs, crypto, and bonds
- Educational support: Resources for beginner and advanced investors
Best Online Brokers in Argentina
Here are the top online brokers in Argentina that offer competitive fees, reliable platforms, and access to both local and international markets whether you're trading Argentine equities or U.S.-listed stocks or global funds.
Cocos Capital – Best Overall
Cocos Capital is one of the few Argentine-based brokers offering seamless access to U.S. stocks via CEDEARs (Argentine certificates backed by U.S. equities). It also supports direct dollar-based investing for clients with international accounts.
The platform is designed for ease of use with a clean mobile app and desktop interface, and it integrates with local banking institutions for fast deposits and withdrawals.
Key Features:
- Fees: Commissions range from 0.25% - 1%, see the full fee schedule here
- Assets: Argentine stocks on the BYMA, CEDEARs, U.S. stocks, and fixed income
- Platform: Simple mobile and web interface, tailored for investors in Argentina
- Drawbacks: Requires FX conversion for full U.S. equity access
Balanz – Best for Wealth Management
Balanz is a full-service Argentine brokerage with strong institutional roots and a growing retail investor presence. Investors benefit from access to both local and international assets, plus Balanz’s own research desk and fixed income strategies.
Balanz’s app is user-friendly and features detailed research, asset breakdowns, and market news in Spanish. It supports automatic portfolio rebalancing and long-term planning tools.
Key Features:
- Fees: Up to 0.50% for buying and selling shares and CEDEARs
- Assets: CEDEARs, BYMA stocks, bonds, mutual funds, and global ETFs
- Platform: Intuitive design with built-in research and financial planning tools
- Drawbacks: Wealth management services may require higher minimums
InvertirOnline (IOL) – Best for Beginners
IOL is one of Argentina’s most well-known retail platforms for good reason: It combines low fees, educational support, and strong platform performance. It’s ideal for newer investors who want to get started with CEDEARs, local equities, or mutual funds.
IOL also offers paper trading and simulated portfolios, helping beginners build confidence before committing real capital.
Key Features:
- Fees: Rates depend on volume traded
- Assets: BYMA stocks, CEDEARs, funds, bonds, and FX
- Platform: Spanish-language mobile and desktop experience with strong UX
- Drawbacks: Limited direct access to U.S. exchanges
Bull Market Brokers – Best for Active Traders
Argentina-based Bull Market Brokers has carved a niche among high-volume and technical traders there. Its advanced charting tools, real-time data access, and detailed market depth views make it a favorite for day traders and swing traders.
Bull Market offers access to CEDEARs, local equities, bonds, and dollar-linked investment vehicles. Its mobile app receives frequent updates to improve performance, enhance security, and introduce new tools, ensuring users have a reliable and up-to-date trading experience. Bull Market also offers optional investment advisory services.
Key Features:
- Fees: Competitive pricing model with discounts for high-frequency traders
- Assets: CEDEARs, BYMA stocks, bonds, mutual funds, and time deposits
- Platform: Real-time quotes, Level II data, and analytics
- Drawbacks: More complex interface may overwhelm beginners
Interactive Brokers – Best for Global Market Access
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Though not based in Argentina, Interactive Brokers (IBKR) is a top pick for experienced investors looking for global access, including U.S., European, and Asian exchanges. Argentine residents can open IBKR accounts directly and benefit from tiered pricing, low FX conversion rates, and direct market access.
IBKR’s Trader Workstation platform supports algorithmic trading, options, futures, and global ETFs, making it one of the most powerful tools on the market.
Key Features:
- Fees: Tiered pricing; trades start as low as $0.005 per share
- Assets: 160+ markets worldwide, including U.S. stocks and ETFs; CEDEAR trading may involve multiple currencies, depending on the asset and exchange involved
- Platform: Professional-grade tools, custom alerts, and advanced risk controls
- Drawbacks: Learning curve may be steep for beginners
Why Local Regulation and CEDEAR Access Matter
For investors in Argentina, local regulatory oversight and CEDEAR access aren’t just nice-to-haves, they’re essential. Choosing a broker regulated by the Comisión Nacional de Valores (CNV) ensures your investments are protected under Argentina’s financial laws.
All the Argentina-based brokers we’ve profiled are CNV compliant. While Interactive Brokers itself might not be directly regulated by the CNV, any brokerage firm operating within Argentina, or targeting Argentine residents, would need to comply with the country's financial regulations and may be overseen by the CNV to some extent.
CNV-regulated platforms are required to maintain transparent operations, provide investor disclosures, and comply with capital requirements. This adds a layer of safety for retail investors, especially when local inflation and political risk are already part of the equation. These platforms often integrate more smoothly with Argentine banks, making funding your account and withdrawing proceeds faster and more reliable.
CEDEARs (Certificados de Depósito Argentinos) have become a cornerstone for global investing using local currency. These certificates represent shares in foreign companies but are traded on the local Bolsas y Mercados Argentinos (BYMA) stock exchange in pesos. That means investors can gain exposure to blue-chip U.S. companies like Apple, Amazon, or Tesla without holding U.S. dollars or navigating strict currency controls.
For many, this is one of the few accessible ways to invest internationally without opening a foreign brokerage account or worrying about FX conversion delays and costs.
Beyond convenience, CEDEARs also offer a strategic hedge against Argentina’s high inflation and currency volatility. Since CEDEAR prices often reflect the underlying stock price plus currency movement, they can preserve or even grow your purchasing power over time. Investors looking for long-term capital preservation often use CEDEARs not just as equity bets, but as a way to diversify away from peso-based assets and safeguard their portfolios against macroeconomic shocks.
In a market like Argentina, where economic stability is unpredictable, this kind of dual exposure (stock + FX) provides unique protective benefits.
Choose the Right Broker for Your Goals
The best online broker in Argentina depends on your priorities. If you're just getting started, platforms like IOL or Balanz offer simplicity and support. For experienced traders, Bull Market Brokers and IBKR provide global tools and trading depth.
Always consider your investing style, currency needs, and access to U.S. markets before making your choice. And don’t forget to confirm that your broker is regulated by CNV or a trusted international authority.
Frequently Asked Questions
Can investors in Argentina buy U.S. stocks directly?
Yes, via CEDEARs or international brokers like Interactive Brokers. CEDEARs let you trade U.S. stocks using Argentine pesos on the local exchange.
Are online brokers in Argentina regulated?
Most top brokers are regulated by the CNV, ensuring they meet national standards for investor protection.
What’s the difference between CEDEARs and U.S. stock investing?
CEDEARs are certificates backed by U.S. shares, traded in pesos, and adjusted for local conditions. They offer a way to invest in global companies without holding USD or sending funds abroad.
