ASIC, CySEC, DFSA +2 more
The Most Trusted Forex Brokers In Sao Tome And Principe
Forex brokers in Sao Tome and Principe are primarily represented by multinational household names that are licensed and regulated by some of the highest-rated regulatory agencies in the world. The small island country does not have a separate governing body overseeing the administration of forex brokers and there are next to no notable forex brokers operating locally. Sao Tome and Principe forex brokers offer a wide range of currency pairs and CFDs, including major pairs, such as EUR/USD, GBP/USD, etc. Major forex brokers in Sao Tome and Principe also offer demo accounts for practice, as well as a high degree of leverage for experienced traders.
The nominal GDP of Sao Tome and Principe is estimated at $400 million. The national currency of the country is the Dobra (STN). Top forex brokers in Sao Tome and Principe offer a variety of exotic pairs from the African continent, as well as the essential major and minor pairs from around the globe. Capital gains in Sao Tome and Principe are taxed at an ordinary income tax rate of 25%, which is higher than some other countries in the region. The best forex brokers in Sao Tome and Principe als offer a plethora of educational materials for complete beginners.