We found 11 online brokers that are appropriate for Trading Ukraine Investment Platforms.
Ukraine is a neighbor country of an advanced economic Russia. Ukrainian hryvnia is the official currency of Ukraine. The official exchange rate shows that 1 USD equals 27 Ukrainian hryvnias. This exchange rate means that the local currency is stronger against popular currencies such as EUR, USD, GBP, etc.
For years, Ukraine is facing political as well as economic problems. Just when it felt like the economy of Ukraine is going to become stable, COVID-19 happened. As the COVID-19 was a global pandemic, it affected the entire world, including the Ukrainian economy. Last public data from International Monetary Fund (IMF) shows that during 2020, Ukrainian GDP contracted by -4.2%. In 2019, the economy actually grew by 3.2%, which shows how a virus reversed the economy's direction.
If the global economy recovers and sees a pickup in global trade, then Ukraine's GDP may rebound strongly and register around 4.0% growth. For 2024, IMF has set a forecast of 3.4% GDP growth. Once again, it all depends on how the situation of pandemic concludes. A better-than-expected scenario will result in increased domestic and foreign demand.
During the period of COVID-19, government monetary policies and fiscal stimulus will remain an important tool that can propel the economy forward.
Before the COVID-19 turned into a global pandemic, the economy of Ukraine was in excellent shape due to the government's reform program. At that time, all the economic indicators, such as debt and inflation rate, as the GDP forecasts were trending positively. However, the pandemic changed everything for Ukraine. If the pandemic was not enough, a reshuffle of the government last year further deteriorated the economic outlook.
The fiscal deficit crossed -5.2% of GDP in 2020. Just a year ago, it was around -2.4%. The reason that caused the deficit to almost double was the additional spending and declining GDP, all caused by the COVID-19 outbreak.
IMF estimates that the fiscal deficit will reach -4.7% in 2021. A rebound in the Ukrainian economy in 2024 will see the fiscal deficit drop to -3.3%. If we look at the IMF forecast for fiscal deficit, it becomes clear that the deficit will remain for the next couple of years.
Public debt, which was declining, also saw a significant increase after the COVID-19 outbreak. In 2019, public debt amounted to 48.8% of GDP. In the year 2020, the number jumped to 60.7% of GDP. However, IMF doesn't see it rising any further in 2024 and 2025. During the next 2 years (2024 and 2025), public debt will drop down to 58.1% and 54.4% of GDP, respectively.
From Jan to Sep 2020, the Ukrainian hryvnia lost 16% of its value against the United States Dollar. However, this drop in the currency value didn't cause an increase in inflation. Instead, the inflation rate dropped to 2.7% in the year 2020. Just a year ago, the inflation rate was around 7.9%.
For 2024 and 2025, IMF forecast a sudden jump in the inflation rate. In 2021, the inflation rate is expected to be around 7.9% before stabilizing at 6.8% in 2024.
International Monetary Fund (IMF) also approved a support package for Ukraine. The package is worth $5 billion (US dollar), and the bulk of it will go towards fixing the problems caused by COVID-19. Although IMF claims to help the countries by providing support and loans, actual data shows otherwise. Most countries return to the IMF again and again for additional loans, thus entering into a debt loop.
In 2021 and beyond, the government is focusing on these priorities:
This year's budget's main focus will be on healthcare, education, and increasing salaries as well as pensions. In 2021, a lot of the healthcare budget will go towards pandemic control and the purchase of COVID-19 vaccines. The government is also planning to support the agriculture sector.
The unemployment rate in Ukraine was in a nice downtrend before the pandemic. However, the unemployment rate spiked in 2020 to around 9%. In 2021, it will reach 8.6% and eventually drop down to 8.4% in 2024.
The informal economy will remain large even in the next coming years. IMF estimate tells us that the informal sector accounts for almost 33% of the GDP.
The agriculture, manufacturing, and services sector are the backbone of the country's economy.
The most vital sector of the economy is the services sector which mostly consists of the transportation of oil & gas. Ukraine connects Russia to European countries who are the main buyers of Russian energy products. Recent tensions between the two countries have negatively affected this sector. IMF data shows that the services sector accounts for 54.4% of GDP.
The manufacturing sector comes at 2nd place as it equals 22% of GDP. This sector consists of various industries such as steel, iron, chemical, and various mechanical products. Ukraine also holds expertise in making products as tractors, aircraft parts, ships, and so on.
Economic recovery was disrupted as COVID-19 took the economy to a standstill. In 2024 and 2025, the country is expected to rebound and get back on the recovery track.
We have conducted extensive research and analysis on over multiple data points on Ukraine Economic Forecast to present you with a comprehensive guide that can help you find the most suitable Ukraine Economic Forecast. Below we shortlist what we think are the best Ukraine Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Ukraine Economic Forecast.
Selecting a reliable and reputable online Ukraine 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 Ukraine Investment Platforms more confidently.
Selecting the right online Ukraine 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 Ukraine Investment Platforms trading, it's essential to compare the different options available to you. Our Ukraine 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 Ukraine Investment Platforms broker that best suits your needs and preferences for Ukraine Investment Platforms. Our Ukraine Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Ukraine Investment Platforms.
Compare Ukraine Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Ukraine Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Ukraine Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Ukraine Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Ukraine Investment Platforms that accept Ukraine Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
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) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | 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), 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 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | 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, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 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 | 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 |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets 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 | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | 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, 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 Ukraine 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 Ukraine Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Ukraine Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.