Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best Stock Brokers in Iran for 2025. Five companies that enjoy huge popularity in Iran were selected and compared between each other.
1
Interactive Brokers - Best in Iran for 2025
Interactive Brokers is militantly developing, offering services to investors regardless of their trading experience. For this purpose, the broker doesn’t ask for a fixed minimum deposit but has margin requirements for accounts of various structures to make trading financially safe. The size of the leverage and Margin call and Stop out levels depends directly on the asset that the client is trading.
2
Ninjatrader - Best in Iran for 2025
Trading conditions for traders are quite tough due to high trading costs. In addition to brokerage fees, there are exchange rate fees and transaction costs
3
TradeStation - Best in Iran for 2025
TradeStation offers clients 14 types of accounts, including three types of brokerage trading accounts (individual and corporate) with a minimum deposit of $500. The company also provides an opportunity to trade cryptocurrencies with low commissions. Margin trading is available for deposits from $2,000.
4
ChoiceTrade - Best in Iran for 2025
ChoiceTrade has been providing its services on the market for over 20 years and continues to actively develop to provide its clients with the best service, trading conditions, and high profits. The broker offers various assets for long-term investment, yet, there are no instruments for active trading. The minimum amount for replenishing a trading account is $100; the size of the fee depends on the trading instrument and methods of replenishment of the deposit and withdrawal of funds. Transactions through ACH involve a minimum fee and transactions through ACAT can be as high as $75.
5
Wells Fargo - Best in Iran for 2025
The Wells Fargo broker offers favorable conditions for traders who trade stocks and ETFs. There is no brokerage fee for these assets, but it is charged for cent shares. The minimum deposit to start active trading is $0; for passive investment, it is from $5,000. When replenishing a standard account, it is from $2,000, and access to margin trading opens. Wells Fargo does not offer a bonus to customers who have opened an account to trade and invest in stock market assets. The broker also does not have an affiliate program.
TU Expert Review for the best Stock Brokers in Iran
Financial expert and analyst at Traders Union
Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.
His opinion as for the best Stock Brokers in Iran is posted below.
Interactive Brokers - TU Expert Review
During its cooperation with Traders Union the Interactive Brokers investment company proved itself as a reliable partner, which faithfully fulfills its obligations to us. The broker provides clients with a wide range of services, allowing them to engage in both active trading and investments. At the same time, the broker charges a fee for an inactive account, and that's not convenient for passive investors. Despite the lack of a minimum deposit, Interactive Brokers is focused on working with professional market participants. The US and Canadian investors are the main target audiences of the company. Interactive Brokers customer support will help you resolve claims made to the company. You can find all the information about trading conditions and the specifics of various trading instruments on the broker's website. Before opening an account with this broker, we strongly recommend you to read about all trading conditions in detail, as well as reviews of other clients about cooperation with Interactive Brokers.
Ninjatrader - TU Expert Review
NinjaTrader is a highly-specialized broker that opens up opportunities for traders to make money on the US derivatives markets. Ninja Trader is not offshore. Although the company is represented in more than 150 countries, it is focused on working with traders from the USA. Access to exchanges is through partner brokers. NinjaTrader is aimed at professionals at high-entry thresholds and commissions. Transfer costs reduce the interest of novice traders in futures. The broker's platform is a universal tool for trading, analysis, and trading simulation. For algorithmic trading, more than 1000 systems have been developed with filtering by capital, risk diversification, performance, and other parameters. The website of the company answers basic questions about derivatives trading, but English is required to learn the trading conditions. Ninja Trader is a reliable broker controlled by US regulators, which is why the company is rightfully included in the Traders Union Forex broker rating.
TradeStation - TU Expert Review
Throughout its activities, TradeStation strives to allow traders of any experience to unleash their trading and investment potential. To this end, the company provides a suite of powerful trading technologies, quality brokerage services, and comprehensive training. Clients can quickly and efficiently place orders, monitor positions, balances, and orders on accounts, and generate hot observation lists. The TradeStation broker ensures fast and reliable fulfillment of clients' orders using a combination of advanced order routing technology, regular and thorough speed checks, better execution quality, and better prices. The company streams both historical and real-time market data and provides access to the latest news. TradeStation offers Simulated Trading, which is a simulated trading account for real-time strategy testing without financial risk. It has access to one of the largest market history databases in the industry for stocks, options, and futures. Clients can use a simple programming language EasyLanguage to create individual indicators and trading strategies on live and demo accounts.
ChoiceTrade - TU Expert Review
ChoiceTrade is a broker that provides favorable conditions for investors and experienced traders. The company is focused on continuous improvement of trading conditions, security, speed of trade executions, and quality of trading platforms. The minimum deposit and account requirements are quite high, and the client must link the trading account to their bank account to register with ACH or ACAT. The company offers clients different types of accounts, including pension and children's accounts, with the possibility of re-issuing to the owner when he becomes an adult. ChoiceTrade specializes in investing, so there are no tools for active trading. The broker is ready to cooperate with users from any country, and the site interface has been translated into more than 30 languages. The data that an investor needs to find out before opening a trading account is publicly available on the official website. If you did not find the information that you need, please contact the broker's support service.
Wells Fargo - TU Expert Review
The Wells Fargo brokerage company offers clients trading and investment accounts. Active traders can trade stocks and ETFs on favorable terms, such as no brokerage fees are charged for these assets. The company has canceled the minimum deposit requirements, so even a half-baked trader and no stock of free funds can trade with a broker. More experienced clients can expand their opportunities through margin trading. The Wells Fargo broker is not focused only on active traders who practice firsthand trading. The company offers has two types of services for generating passive income via automated investment and regular investment in portfolios managed by a financial advisor. The required minimum for participation in the programs varies from 5 to 100 thousand dollars and depends on the type of investment chosen. Wells Fargo has its drawbacks. The main ones are the lack of high-quality training on trading stock market instruments and online chat on the site, as well as high commissions for transactions with options and cent stocks. Also, the broker does not have a desktop trading terminal. The web platform is rather slow.
Summary
Many brokers operate in Iran, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best Stock Brokers in Iran 2025 and will be able to evaluate the pros and cons of its closest competitors.
Overall score of the best Stock Brokers in Iran
| Interactive Brokers | Ninjatrader | TradeStation | ChoiceTrade | Wells Fargo | |
|---|---|---|---|---|---|
|
Overall score |
7.44 |
8.4 |
8 |
7.7 |
7.3 |
|
Execution of orders |
6.45 |
8.1 |
7.7 |
7.4 |
7.09 |
|
Investment instruments |
10 |
8.7 |
8.3 |
8 |
7.51 |
|
Withdrawal speed |
9 |
8.5 |
8.1 |
7.8 |
7.15 |
|
Customer Support work |
6.54 |
8.3 |
7.9 |
7.6 |
7.45 |
|
Variety of instruments |
7.02 |
8 |
7.6 |
7.3 |
6.93 |
|
Trading platform |
5.62 |
8.8 |
8.4 |
8.1 |
7.67 |
|
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FAQ
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.