The Portuguese language is a widespread language that is spoken throughout the world as numerous country’s official language. The language is spoken by an estimated 250 million people around the globe. This number represents Portuguese speakers as a first language and as a second language. With such a wide array of Portuguese speaking people, there is a large demand for Portuguese speaking trading brokerages. In most parts of the world this demand has been met as Portuguese speaking people have plenty of online trading brokers to choose from that provide quality services in the Portuguese language. With so many Portuguese supporting trading brokerages out there, it is of the utmost importance to understand whether the Portuguese broker you choose is right for you and your trading needs.show more
The most common currency accepted among Portuguese speaking trading brokers is the euro. This is largely because the largest Portuguese speaking population is Portugal which is apart of the Eurozone. As well, there are many groups of Portuguese speaking people found throughout Europe and they primarily use the Euro as their currency. Additionally, there is a large population of Portuguese speaking people in Brazil. Online trading brokers servicing this region tend to accept the Brazilian real as their primary currency. The currencies accepted really depends on what part of the world the online trading brokerage is servicing. However, some common currencies that are accepted by most all online trading brokerages supporting the Portuguese language are the US dollar and the UK pound.
Most Portuguese trading brokerages international firms which service countries from all over the world. This is because there is such a large Portuguese speaking population spread out in many countries. For instance, the Portuguese language is spoken as the official language in Portugal, Brazil, Cape Verde, Guinea-Bissau, Mozambique, Angola, and São Tomé and Príncipe. In addition to these countries, the Portuguese language is also found spoke in in East Timor, Equatorial Guinea and Macau in China as a co-official language. However, not all Portuguese trading brokerages will support every single one of these countries. Many online trading brokerages are regional based, meaning they service a number of countries within a certain zone. None the less, you should be able to find a Portuguese trading brokerage servicing every country that speaks the language.
The majority of Portuguese supported trading brokers are multilingual due to the large number of countries in which the usually service. Other commonly supported languages include English, Spanish, Italian, and French. However, not all Portuguese brokerages offer these languages, but some offer even more. When determining if an online brokerage supports the Portuguese language and others, simply find the country flag that is usually in the top right-hand corner. When clicked, it will show the available languages supported by the broker. Also, you can navigate to the contact page to see what kind of support they offer in these languages.
Portuguese speaking traders are generally blessed with a wide array of deposit and withdrawal options with online Portuguese brokers. Although, depending on the region in which they reside, the deposit and withdrawal methods available may differ. For instance, some countries may not have as many banking options as other countries. However, just about every Portuguese-speaking broker will offer their traders a variety of e-wallets and debit/credit cards for deposits. Something to keep in mind are the fees, as they may vary from broker to broker. Whenever making a deposit, be sure to check the applicable fees and withdrawal methods available as withdrawal methods will sometimes be limited.