Broker comparison
Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
FTSE100 Broker Comparison - Eritrea
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.2 | $0 | — | MT5 MT4 | No | FCA | Open |
| 3.8 | $0 | — | MT5 cT | No | CySEC | Open |
| 3.9 | $100 | — | | Yes | CySEC | Open |
| 4.1 | $10 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.1 | $100 | — | MT5 MT4 cT | Yes | FCA | Open |
| 3.5 | $50 | — | TV MT4 | Yes | FCA | Open |
| 2.9 | $100 | — | TV MT5 MT4 cT | Yes | ASIC | Open |
| 4.3 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
For traders in Eritrea, the FTSE 100 index offers a compelling opportunity to gain exposure to the UK's largest publicly traded companies, providing a hedge against local economic fluctuations driven by USD exposure. As the country's economy relies heavily on international trade and remittances, trading FTSE 100 CFDs on TradingView via regulated brokers allows Eritrean traders to diversify their portfolios using USDT TRC20 deposits, which are widely accessible in the capital. The 13:00-16:30 UTC+0 trading window aligns perfectly with the London-New York overlap, when liquidity peaks and spreads tighten, offering optimal conditions for local traders. Leverage of up to 1:500, permitted under
FCA/
ASIC regulation, enables capital-efficient trades from smaller account sizes common in Asmara. By choosing brokers like
AvaTrade,
Exness, or
IC Markets, Eritrean traders can access the FTSE 100 with competitive spreads and robust regulatory oversight. This combination of flexible funding, high leverage, and favorable session times makes FTSE 100 CFDs a strategic instrument for managing USD exposure and capturing global market movements from Eritrea.
FTSE100 Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for FTSE100 in Eritrea

#1 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Eritrea
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#2 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Eritrea
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.

#3 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4
Pros for Eritrea
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Eritrea
Cons for Eritrea
- No Islamic account
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.

#4 CFI Financial
CySEC,FSA,DFSA
MT5cTrader
Pros for Eritrea
+ Low deposit ($0)
+ MetaTrader 5
+ cTrader ECN
+ Available in Eritrea
Cons for Eritrea
- No Islamic account
- No TradingView
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECTrading involves risk of loss. CFDs are complex instruments.

#5 Markets.com
CySEC,FCA,FSCA,ASIC,FSA,BaFin
Islamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($100)
+ Available in Eritrea
Cons for Eritrea
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.

#6 ThinkMarkets
FCA,ASIC,JFSC,FSA
TradingViewMT5MT4cTraderIslamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Eritrea
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.

#7 FxPro
FCA,CySEC,FSCA,SCB
MT5MT4cTraderIslamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Eritrea
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.
TradingViewMT4Islamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 4
+ Available in Eritrea
Cons for Eritrea
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCATrading involves risk of loss. CFDs are complex instruments.
TradingViewMT5MT4cTraderIslamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Eritrea
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#10 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
MT5MT4Islamic account
Pros for Eritrea
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Eritrea
Cons for Eritrea
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICT
Trustpilot 3,136 reviews· Rating unavailable on Trustpilot
View reviewsTrading involves risk of loss. CFDs are complex instruments.
How FTSE100 trading works
What is FTSE100 on TradingView?
The FTSE 100, or Financial Times Stock Exchange 100 Index, tracks the performance of the 100 largest companies listed on the London Stock Exchange, representing sectors like energy, finance, and consumer goods. For Eritrean traders on TradingView, this index provides a liquid, globally relevant instrument that responds to UK economic data, commodity prices, and geopolitical events. Trading FTSE 100 CFDs means you're speculating on price movements without owning the underlying assets, with profits or losses calculated in USD – the base currency for most Eritrean accounts. A pip for FTSE 100 on TradingView is typically 1 index point, with tick value depending on your contract size; for a standard lot (1 contract), each point move equals $1 USD. For instance, a trader in Asmara with a $1,000 account size opens a 0.1 lot position at 7,500 points, setting a stop-loss at 7,480. If the index drops 20 points, the loss is $20 (2% of account), while a 30-point gain yields $30 profit. Using TradingView's charting tools, you can analyze historical patterns, apply Fibonacci retracements, and set alerts for key levels. The platform's real-time data from brokers like
IC Markets or
XM Group ensures accurate execution, while the index's volatility during London sessions offers frequent trading opportunities.
FTSE100 CFDs vs Futures
For Eritrean traders, FTSE 100 CFDs on TradingView offer distinct advantages over spot trading, primarily due to leverage up to 1:500 and the ability to short the index without borrowing costs. Unlike spot trading, which requires full capital outlay and physical delivery, CFDs allow you to speculate on price movements with a margin deposit of just $200 for a $100,000 notional position. This is especially beneficial in Eritrea, where USD accounts are common and margin efficiency is critical for small account sizes. For example, a trader in Asmara using $500 USD can control a FTSE 100 position worth $250,000 at maximum leverage, amplifying both gains and losses compared to spot trading. However, CFDs incur overnight swap fees unless you choose an Islamic account from brokers like
AvaTrade or
Exness, while spot trading has no rollover costs. The flexibility of CFDs also enables hedging existing USD exposure tied to Eritrea's trade economy, making them a more dynamic tool than spot positions. Ultimately, CFDs suit active traders seeking short-term opportunities during the 13:00-16:30 window, while spot trading is better for long-term holding.
Trading from Eritrea
Best trading times - FTSE100 from Eritrea
The best trading times for FTSE 100 from Eritrea (UTC+0) revolve around the London session, which opens at 08:00 local time and sees peak activity during the 13:00-16:30 overlap with New York. This window offers the tightest spreads, highest liquidity, and strongest directional moves, as institutional traders from both continents drive volume. For Eritrean traders, the 13:00-16:30 period is ideal because it coincides with lower volatility from Asian markets and allows for clear trend identification. The London open at 08:00 local time can also provide entry opportunities, but spreads may be wider due to initial order flow. Avoid trading during the 00:00-06:00 UTC+0 period when liquidity is thin and slippage risk is higher. By focusing on the overlap, you can maximize the effectiveness of 1:500 leverage while managing risk with tighter stops. Use TradingView's session indicators to mark these hours and plan entries around key economic releases like UK GDP at 09:00 local time.
Economic calendar - FTSE100
Key economic events - Eritrea
Key economic events affecting FTSE 100 for Eritrea traders occur at specific local times (UTC+0). UK GDP data is released at 09:00 on the second Friday of each month, causing sharp moves in the index. UK CPI inflation figures come out at 09:00 on the third Wednesday, often triggering 30-50 point swings. Bank of England interest rate decisions are announced at 14:00 on the second Thursday, with volatility continuing through the 13:00-16:30 overlap. US non-farm payrolls at 14:30 on the first Friday also impact FTSE 100 due to USD correlation. In Eritrea, these events fall within your optimal trading window, so prepare by reviewing the economic calendar on TradingView. Set price alerts 10 points above and below current price to catch breakouts. Avoid holding positions through these releases unless you have a defined risk plan, as spreads can widen significantly. Use limit orders to enter after the initial volatility subsides.
Execution & slippage - Eritrea
Execution quality for FTSE 100 CFDs on TradingView from Eritrea depends on your broker's liquidity providers and your internet stability. Brokers like
Fusion Markets and
Tickmill offer low-latency execution with ECN models, minimizing slippage during the 13:00-16:30 window when spreads are tight. However, slippage can occur during high-impact news events, such as UK CPI releases at 09:00 local time, where prices may gap beyond your stop-loss. To reduce slippage in Asmara, use limit orders instead of market orders and avoid trading during the first 15 minutes of the London open. A reliable internet connection with ping under 100ms to the broker's server is achievable with fiber or 4G in urban areas. Brokers regulated by
FCA/
ASIC, like
AvaTrade and
Exness, typically offer negative balance protection, ensuring you don't lose more than your deposit even with slippage. Test execution with a demo account first, and check your broker's slippage policy for FTSE 100 during volatile periods.
Accounts, costs and safety
Islamic accounts & swap fees - Eritrea
For Eritrean traders observing Islamic principles, swap-free (Islamic) accounts are available from most recommended brokers, including
AvaTrade,
Exness,
IC Markets,
XM Group,
Fusion Markets,
OctaFX,
HotForex HFM,
Vantage,
FBS, and
Tickmill. These accounts eliminate overnight swap fees on FTSE 100 CFDs, making them suitable for long-term positions without incurring financing costs. Standard swap fees for FTSE 100 are calculated in USD and vary by broker; for example, holding a long position overnight might cost $0.50 per lot per day, while a short position could earn a small credit. In Eritrea, where USD is the primary currency, swap fees can erode profits over time, especially with high leverage. Islamic accounts waive these fees entirely, but brokers may charge an administrative fee after a holding period (e.g., 10 days) to prevent abuse. When opening an account, specify your preference for Islamic status and confirm the broker's policy on FTSE 100 swaps. This option allows Eritrean traders to align their trading with religious values while accessing the same leverage and instruments.
Risk management - Eritrea
Risk management for FTSE 100 CFDs in Eritrea should start with a conservative account size, typically $500-$2,000 USD, to withstand volatility with 1:500 leverage. Apply the 1-2% risk rule: never risk more than $10-$20 per trade on a $1,000 account, adjusting position size accordingly. For example, if you set a 20-point stop-loss on FTSE 100, your position size should be 0.05 lots to limit loss to $10. Use TradingView's position size calculator to align risk with your account equity, and always set stop-losses for every trade. Diversify by trading only during the 13:00-16:30 window when liquidity reduces gap risk. Avoid over-leveraging, as a 50-point move against a 1:500 position can wipe out 25% of your account. Keep a trading journal to track performance and adjust strategies based on local internet reliability. Brokers regulated by
FCA/
ASIC offer negative balance protection, which is crucial for managing tail risks in Asmara's trading environment.
Scam warnings - Eritrea
Scams targeting Eritrean traders for FTSE 100 CFDs on TradingView often involve unregulated brokers promising guaranteed returns or bonuses for deposits via USDT TRC20. Local schemes may impersonate
FCA/
ASIC-regulated firms like
AvaTrade or
Exness, using fake websites with slight name variations. To verify a broker, check their license number on the
FCA or
ASIC register, and avoid any entity that pressures you to deposit quickly. Legitimate brokers never ask for remote access to your computer or share trading signals for a fee. In Asmara, report suspicious activity to the central bank or international consumer protection agencies. Always use the official broker links from comparebroker.io and confirm the broker's presence on TradingView's 'Brokers' list. For FTSE 100 trading, only deposit with brokers that offer negative balance protection and clear withdrawal policies.
Related guides
Related guides for Eritrea traders
More Eritrea broker guides
FAQ - Best TradingView Brokers For Ftse 100 CFDs in Eritrea
Which broker has the lowest FTSE100 spread on TradingView in Eritrea?
+How do I deposit to a TradingView broker from Eritrea?
+What is the best time to trade FTSE100 from Eritrea?
+Is FTSE100 trading legal in Eritrea?
+What leverage is available for FTSE100 in Eritrea?
+CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.