We found 11 online brokers that are appropriate for Trading Kazakhstan Investment Platforms.
Kazakhstan is rich in natural resources such as oil, gas & various minerals. Most of Kazakhstan's income comes from the export of oil & gas. Recent data shows that oil & gas export accounts for 35% of the country's GDP and consists of 75% of total exports.
Before the pandemic, the Kazakh economy grew by 4.5% in 2019. At that time, all the economic indicators such as business investments, domestic demand, and construction were in full swing. However, 2020 reversed years of economic progress as the country reported negative growth of 2.6%. The culprit was COVID-19 which affected all major and emerging economies of the world.
IMF estimates that the Kazakh economy will resume growth once again in 2021. In 2021, GDP growth is expected to be 3.2%. Next year, further pickup in economic activities will result in GDP growth of 4%.
The economy of Kazakhstan faced trouble during the financial crisis of 2008 and 2015. However, the previous crisis becomes pale in comparison to the economic damage caused by COVID-19.
COVID-19 outbreak became more severe in the 2nd quarter of 2020. As a result, countries had to put travel restrictions to contain the spread. This resulted in depressed crude oil prices as the demand was at record lows. Since most Kazakh exports are from the oil sector, a drop in oil prices disturbed the country's economic balance. In 2020, the price of one barrel of oil was around $21 - One has to keep in mind that such low prices were not seen in the last 20 years.
Although COVID-19 resulted in a budget deficit for Kazakhstan, it was not as severe as initially forecasted. IMF data shows a rise in public debt in 2021 as it will reach 27% of GDP. In 2024, a further increase in public debt will make it worth 28% of GDP.
As for the budget deficit, it will see a decline in the next 2 years. The budget deficit forecast for 2024 and 2025 is 2.7% and 1.4%, respectively.
The inflation rate was 6.8% in 2020 and is still in the safe range. With less uncertainty and global recovery, prices will return to normal in Kazakhstan too. The latest data from IMF economic outlook shows a steady decline in the inflation rate in 2024. In 2024, the inflation forecast is 6.4%.
Kazakhstan is focusing on economic diversification and move away from an oil-based economy. Keeping this goal in view, the country also joined a union named 'Eurasian Economic Union.' This union consists of 5 countries: Armenia, Russia, Belarus, Kazakhstan, and Kyrgyzstan. This economic union represents a unique opportunity for economic diversification for the country.
China, which is spending billions of dollars on developing infrastructure in various countries, also has a presence in Kazakhstan. The Chinese government developed a railway terminal based on the silk road project that connects both countries with each other. This project will also help the country to move away from an oil-based economy.
In 2019, the relation between china and Kazakhstan saw a new low as people started protests due to fear of Chinese products taking over the domestic economy. Next year, Kazakhstan also stopped oil exports to China on reports of contamination. Fast forward to today, and both countries are trying to strengthen their relationship with each other once again.
In 2024 and 2025, the country will have to face various challenges such as weak demand for oil & gas (fossil fuels), an unstable financial sector, and rising competition from regional countries.
In 2019, the unemployment rate was 4.8%. Due to pandemic and slow down of the economy, it reached 5.5% in 2020. However, the IMF forecast shows a decline in the unemployment rate in 2021 as it reaches 5.2%. In 2024, the unemployment rate in Kazakhstan will drop down to 5%.
World Bank's economic outlook for the country shows an alarming rise in poverty. In 2016, the poverty rate was around 6%. But the poverty rate moved up to around 12% in 2020. In short, the poverty rate almost doubled in 4 years.
To tackle the challenges such as poverty rate, unemployment, reduced fossil fuel demand, and slow growth, the government has implemented a comprehensive stimulus package.
With the support package, the government plans on helping poor households, businesses and providing concessions on loans.
Kazakhstan is blessed with oil, gas, iron, copper, coal, zinc, uranium, and much more in terms of natural resources. A big portion of the country's profit comes from the export of these natural resources. However, the government is trying to diversify the economy, and its effects can be seen as new sectors are also growing.
As for agriculture, the country can fulfill its food needs and exports to other countries. The crops which are abundant in the country are wheat, cereals, and cucurbits.
Demand for metal ores, oil, natural gas, and many other things saw a sharp decline as the whole world was under lockdown measures. In the next 2 years, IMF estimates show that economic conditions will improve in the country, and the unemployment rate is expected to decline too.
We have conducted extensive research and analysis on over multiple data points on Kazakhstan Economic Forecast to present you with a comprehensive guide that can help you find the most suitable Kazakhstan Economic Forecast. Below we shortlist what we think are the best Kazakhstan Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Kazakhstan Economic Forecast.
Selecting a reliable and reputable online Kazakhstan Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Kazakhstan Investment Platforms more confidently.
Selecting the right online Kazakhstan Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Kazakhstan Investment Platforms trading, it's essential to compare the different options available to you. Our Kazakhstan Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Kazakhstan Investment Platforms broker that best suits your needs and preferences for Kazakhstan Investment Platforms. Our Kazakhstan Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Kazakhstan Investment Platforms.
Compare Kazakhstan Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Kazakhstan Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Kazakhstan Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Kazakhstan Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Kazakhstan Investment Platforms that accept Kazakhstan Investment Platforms clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with xm |
Sign
Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with nordfx |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Kazakhstan Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Kazakhstan Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Kazakhstan Investment Platforms below.