Category: Broker Categories

Best Forex Brokers Ghana 2025

Post author By George Rossi
Post date May 13, 2022
No Comments on Best Forex Brokers Ghana 2025

To come up with this list, we have tested forex brokers Ghana.
We opened a real account and deposited between $4,000 and $6,000 with each broker. Then, to get the actual picture, we placed trades in each popular market.
We also contacted the cutomer support to see how the team solved the problems we had encountered. Finally, we withdrew our funds to check the withdrawal process.
We handpicked the best forex brokers Ghana based on our trading data and experience as a trader.

Is Forex Trading Legal in Ghana?

Ghana is located in the west of Africa. Its economy is mainly based on industrial minerals, precious metals, and hydrocarbons. The country has a distinct economic plan – the “Ghana Vision 2020”, targetting at becoming one of the most developed countries in Africa by the end of 2029.

Though forex trading is comparatively new in the country, it is legal and quite widespread already. However, many traders are still not very aware of how forex trading works. Many African countries do not have regulatory bodies that control the forex market. Ghana, on the contrary, has a separate regulatory authority that controls the sector – The Bank of Ghana.

The official website of The Bank of Ghana is www.bog.gov.gh.

The Bank of Ghana supervises and controls the banking and credit system, and ensures efficient management of the country’s external financial services. Also, along with a number of other functions, the Bank promotes and maintains relations with Ghana’s international banking and financial institutions.

Due to the laws imposed by the local regulator, some brokers might be restricted to open trading accounts for Ghana residents. However, there are still trustworthy brokers that offer their services to Ghana traders.

🏦Regulator	The Bank of Ghana
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	No
💰Compensation Scheme	No
📊 Maximum Leverage	1:30

Best Forex Brokers in Ghana

Choosing a Ghana forex broker can be difficult. Forex Trading is relatively new in the country, and traders have still a lot to learn about the market. This means, that choosing a trustworthy and reliable broker can be quite difficult at times.

We recommend signing only with trustworthy brokers, as money safety goes first. There are Brokers that are based in the country and fall under the local regulation, and there are international brokers that accept Traders from Ghana.

As most of Ghana traders are beginners in forex trading, we recommended to pay a close attention to the broker’s offerings. The payment methods and their availability is one of the first things to check. Customer support is the next important aspect. Traders should make sure that the broker’s support team provides help in their preferred language.

To select the best forex brokers Ghana, we have reviewed many reputable forex brokers. Based on our research we have come up with the following best brokers Ghana:

XTB – Best Forex Broker Online Ghana Overall
Trading 212 – Best Forex Brokers in Ghana for Beginners
Admiral Markets – Best Forex Trading App in Ghana
ThinkMarkets – Best Low Spread Online Forex Trading in Ghana

Best Forex Broker Online Ghana Overall

We picked XTB as the overall best forex broker Ghana.

Founded in 2002 XTB is a global Forex and CFD broker. The broker is headquartered in London and Warsaw. Also, it holds licenses in the UK, Cyprus, Poland, Spain, and Belize. The broker offers the following markets: Forex, Indices, Stocks, Commodities, ETFs, and Cryptocurrencies. XTB offers 2 main account types: the Standard, and PRO accounts, also a forex swap-free Account. The broker offers various payment methods including bank wires, credit and debit cards, and e-wallets such as Skrill and PayPal.

With XTB traders have access to the broker’s proprietary trading platform – xStation, and also to the popular MetaTrader 4 (MT4) platform. The education section of XTB is also excellent. It offers a demo account, webinars, ebooks, video tutorials, educational articles, and videos.

Best Forex Brokers in Ghana for Beginners

We picked Trading 212 as the best forex broker Ghana for beginners.

Trading 212 is a global Forex and CFD broker. It is headquartered in London and holds licenses from the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). The broker has two account types: Invest and CFD. With Trading 212 traders have access to multiple categories: Indices, Forex, Commodities, Stocks, and Cryptocurrencies.

The broker has its own proprietary platform and traders can conduct their trades only on this platform. As to the payment methods, Trading 212 offers bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

Based on our research and trades, Trading 212 is the best forex broker Ghana for beginners. Its educational section is very good and might be a great start for newbies. among the educational offerings is an in-depth video tutorial course. It is designed to help beginner traders have an easy and profitable start. Also, Trading 212 offers text tutorials, educational articles, and a demo account.

Best Forex Trading App in Ghana

We picked Admiral Markets as the best trading app forex broker Ghana.

Admiral Markets is a global Forex and CFDs broker. It was founded in 2001. Headquartered in Estonia, the broker is tightly regulated and is licensed in Australia, the United Kingdom, Cyprus, and Estonia. With the broker, traders have access to the trading instruments in the following categories: forex pairs, indices, stocks, commodities, and cryptocurrencies.

There are five main account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. Also, Admiral Markets offers Islamic accounts to its Muslim traders. Admiral Markets offers fast and easy deposits via different payment methods: bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen Admiral Markets as the best trading app forex broker Ghana. The broker enables its clients to conduct their trades on the popular MetaTrader 4 and MetaTrader 5 platforms. Both platforms are good and provide successful trading due to the existing tools and features.

Best Low Spread Online Forex Trading in Ghana

We picked ThinkMarkets as the best lowest spread forex broker Ghana.

ThinkMarkets was founded in 2010. The broker is headquartered in Australia and holds licenses in Australia, the United Kingdom, South Africa, and Seychelles. ThinkMarkets enables traders to have access to the following instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs.

ThinkMarkets has its own proprietary platform. Also, it offers the popular MT4 and MT5 platforms. ThinkMarkets offers multiple payment methods, such as bank transfers, credit and debit cards, and online wallets like PayPal, Neteller, and Skrill.

We have chosen ThinkMarkets as the best low spread forex broker Ghana, as based on our research, its spreads are rather low and attractive. Spreads offered by ThinkMarkets are on the lower side for almost all categories.

List of Forex Brokers in Ghana

We have tested many regulated forex brokers Ghana. It was not very easy to make a full list of forex brokers Ghana, due to the fact that the market in the country is still new. However, we have come up with a list of available Ghana forex brokers.

Ghana Forex Broker	About Our Test	Our Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading in Ghana

Traders usually have a lot of questions and concerns related to forex trading in Ghana. To be helpful we picked and answered some of the most important and frequent queries related to forex brokers Ghana.

How to Verify Ghana Regulated Broker?

Verifying Ghana forex brokers is not really difficult. Traders can look for the information on the official website of the Bank of Ghana. On the Bank’s official website it is possible to find information about the brokers operating in the country.

However, forex brokers Ghana can also be verified on the broker’s website. Generally, all brokers provide information about their availability in certain regions and countries.

Forex Brokers that Accept Mobile Money in Ghana

We have tested a number of forex brokers Ghana, to choose the best brokers that accept mobile money in the country. Based on our test, we came up with two forex brokers Ghana:

Tickmill
XM

Tax for Forex Trading in Ghana

In Ghana forex trading is subject to taxation. The law dictates that individuals, that gain profits from selling stocks, bonds, property, precious metals, and others, need to pay capital gain taxes. The tax rate in the country is 15%. However, in the case of businesses, the capital gains are taxed differently. Commonly, they are just included in the annual returns and taxed on annual basis.

However, Ghana traders should remember that the responsibility of filing tax forms to the relevant institutions is theirs. Any delays or tax avoidance can lead to complications and fines.

Tags forex brokers ghana

Broker Categories

Best Egypt Forex Brokers 2025

Post author By George Rossi
Post date May 11, 2022
No Comments on Best Egypt Forex Brokers 2025

To come up with this list, we have tested Egypt forex brokers.
We opened a real account and deposited between $4,000 and $6,000 with each broker. We then placed real trades in each popular market to get the accurate picture.
We also reached out to customer support to see how the team solved the problems we had faced. At last, we withdrew our funds to check the withdrawal process.
We handpicked the best Egypt forex brokers based on our trading data and experience as a trader.

Is Forex Trading Legal in Egypt?

Egypt is located in the northeastern corner of Africa. The economy of the country depends highly on agriculture, petroleum imports, natural gas, and tourism. The country’s official currency is the Egyptian Pound.

Traders wonder if forex trading is legal in Egypt. While it is becoming more and more popular in the country, there are still certain restrictions by local laws and regulations. For instance, among the common restrictions is a maximum trade amount or balance in the trading account.

The country’s non-banking financial sector is controlled by The Financial Regulatory Authority (FRA). The body was established in 2009. Its main aim is to supervise and regulate non-banking financial markets, such as capital markets, futures exchanges, insurance activities, and forex.

The official website of The Financial Regulatory Authority is www.fra.gov.eg.

Due to the local laws imposed by the FRA, some brokers might be restricted to open trading accounts for Egypt residents. In that case, the only options might remain offshore or international brokers, so we recommend choosing among brokers with additional regulations and entities in the UK, Australia, etc, and opening accounts under its international entity for safety.

🏦Regulator	The Financial Regulatory Authority
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	No
💰Compensation Scheme	No
📊 Maximum Leverage	1:30

Best Forex Brokers in Egypt

Choosing an Egypt forex broker can be quite difficult. Due to strict regulations present in the country, there may be certain limitations.

We recommend signing only with trustworthy brokers, as money safety goes first. Besides, Muslim traders should check whether the broker offers an Islamic account, as Sharia laws prohibit any Muslim to earn or pay interest.

When choosing a Egypt forex broker, traders are recommended to check the broker’s offerings. It is important to pay attention to the broker’s payment methods and whether they are available in the country. Another important aspect is customer support. Before signing with a broker Egyptian clients should check whether the broker provides help in their preferred language.

To select the best Egypt forex brokers, we have reviewed many reputable forex brokers. Based on our test we have come up with the best Egypt brokers:

AxiTrader – Best Forex Broker in Egypt Overall
XM– Best Forex Brokers for Beginners for Egypt
Vantage FX – Best Copy Trading Forex Brokers in Egypt
RoboMarkets – Best Egyptian Lowest Spread Forex Brokers

Best Forex Broker in Egypt Overall

We picked AxiTrader as the overall best Egypt forex broker.

Founded in 2007, Axi Trader was rebranded to Axi in 2020. The broker is based in Australia and holds multiple licenses in Australia, the United Kingdom, the UAE, Saint Vincent, and the Grenadines. Axi offers instruments in the following categories: forex pairs, indices, commodities, and cryptocurrencies. There are two main account types: the Standard, and PRO accounts. The broker also offers Islamic accounts to its Muslim clients.

Axi’s spreads are below industry averages. We also noticed that the broker charges extremely low spreads on Bitcoin trades. AxiTrader offers the popular MetaTrader 4 platform. The broker offers various payment methods: bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. AxiTrader provides in-depth articles and video tutorials to help the traders navigate the platform.

Best Forex Brokers for Beginners for Egypt

We picked XM as the best Egypt forex broker for beginners.

XM is a Forex and CFDs broker founded in 2009. It holds multiple licenses in Australia, the United Kingdom, Cyprus, UAE, and Belize. With XM Egyptian traders have access to forex pairs, indices, stocks, and commodities. Among the broker’s payment methods are bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen XM as the best Egypt forex broker for beginners. The broker’s education section is excellent, thus it is suitable for beginner traders. XM offers the Tradepedia videos, available for traders all over the world. It also offers other materials, such as weekly webinars and detailed articles.

Best Copy Trading Forex Brokers in Egypt

We picked Vantage FX as the best copy trading Egypt forex broker.

Founded in 2009 Vantage FX is a forex and CFDs broker. The broker is headquartered in Australia, yet it holds licenses in the United Kingdom, Australia, Vanuatu, and The Cayman Islands. It enables traders to have access to forex, indices, commodities, cryptocurrencies and shares CFDs.

The broker offers different account types: Raw ECN, Standard STP, and Pro ECN. Vantage FX does not have its proprietary platform. Instead, it offers the popular MetaTrader 4 and MetaTrader 5 platforms.

We have chosen Vantage FX as the best copy trading Egypt forex broker. It provides its copy trading platform with three third-party service providers: ZuluTrade, MyFXBook Autotrader and DupliTrade.

Best Egyptian Lowest Spread Forex Brokers

We picked RoboMarkets as the best lowest spread Egypt forex broker.

GO Markets is a global forex broker founded in 2009. It is headquartered in Australia. The broker has multiple licenses in Australia, Cyprus, the UAE, and Seychelles. GO Markets offers hundreds of tradable instruments: forex pairs, indices, metals, commodities, and shares. With GO Markets clients can conduct their trades on popular MetaTrader 4 and MetaTrader 5 platforms.

We have chosen Go Markets as the best low spread Egypt forex broker. Its spreads are mostly on the lower side. Spreads on forex and commodity trades are lower than industry averages.

List of Best Forex Companies in Egypt

We have tested many regulated Egypt forex brokers. Although due to local restrictions not all brokers are available in the country, we have come up with a list of available Egypt forex brokers.

Egypt Forex Broker	About Our Test	Our Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading in Egypt

Traders usually have many concerns related to trading in Egypt. To be helpful we picked and answered some of the most essential queries related to Egypt forex brokers.

How to Verify Egypt Regulated Broker?

Verifying Egypt forex brokers is not really difficult. Traders can look for the information on the official website of the Financial Regulatory Authority.

However, Egypt forex brokers can also be verified on the broker’s website. Generally, all brokers provide information about their availability in certain regions and countries.

Egypt No Deposit Bonus Forex

No deposit bonus is a marketing tactic that brokers use to attract new traders. It is an initial free credit that brokers offer their new traders. Based on our test, we found out that only XM offers no deposit bonus in Egypt.

Islamic Accounts in Egypt

The existence of Islamic accounts in Egypt is very important, as many Egypt forex traders are Muslims and they can conduct trades only by using Islamic accounts.

Based on our trades we chose the following Egypt forex brokers with Islamic accounts:

AvaTrade
Amana Capital
Go Markets

Tax in Egypt for Forex Trading

Egyptian traders are often confused about whether their forex gains are subject to taxation or not. Generally, income from forex trading is not taxed in the country, as due to the local law, income sourced from outside of the country is not subject to taxation.

However, Egyptian traders should be very careful and check the information with the relevant authorities.

Tags egypt forex brokers

Broker Categories

Best Forex Trading Tools 2025

Post author By George Rossi
Post date May 11, 2022
No Comments on Best Forex Trading Tools 2025

For this list, we tested several brokers offering forex trading tools.
For this article, we opened real accounts with deposits between $4,000 and $8,000, then placed real trades in each market to get the full picture of spreads and conditions. We also reached out to customer support to solve the issues we have faced while depositing or withdrawing the funds.
We picked the best brokers with forex trading tools based on our trading data and experience as a trader.

What is Forex Tarding Tool?

Forex trading might be daunting for novice and seasoned traders alike, and trading tools are designed to improve trading skills and performance, helping with important information or analysis. Trading tools gather all together what broker or trading platform may offer including analysis, technical analysis, various calculators, convertors, market news, research, insights, economic calendars, trading signals, etc.

The range of trading tools may vary depending on each broker’s offering, while some may offer comprehensive tools and run in-house analysis center to support traders or provide just basic range like Economic Calendar and News Feed, making them one-stop choice with all necessary tools and environment available. Read Best Technical Analysis Forex Brokers
So in case tools are limited or poor at Brokers offering, there are third-party providers that may focus on particular tool like News, Reviews, Analysis etc, making them great providers too like famous TradingCentral or TradingView specialized sites. Read about Trading Signal Providers.
Forex trading tools can either be paid by a subscription or be offered free of charge.

It is important to select and use those tools that are best for your needs, trading style, and the particular market. However, there are some forex trading tools that are useful to most traders, regardless of their trading styles and strategies:

Technical Analysis in Trading Platform
Market Analysis
Trading Signals
Insights
Economic News calendar
Charting Tools Software
Research Tools
Financial News
Various Converters
Currency Correlation tools
Calculators
Risk Management Tools

Type of Tool	Trading tool
🖥️ Trading Platforms	💻 cTrader 👨‍💻 MetaTrader 4/5 📱 TradeStation
📊Charting Software	📈 Bar Chart 📉 Histogram Chart 🗠 Bubble Chart
🔍Research Tools	📰 Newsfeed 🧮 Screener ⌚ Watchlist
🖩 Calculators	📓 Pip Calculator 📁 Margin Calculator 📑 Volatility Calculator
🧮 Technical Analysis Indicators	🔁 On-Balance-Volume (OBV) ⏱️ Relative Strength Index ⚙️ Bollinger Bands

Best Forex Analysis Tools

Forex analysis is the study of currency pairs and how they change in price and what kind of factors can cause the change. It’s used by traders who buy foreign exchange to make money from its fluctuations.

There are two types of forex analysis – fundamental and technical.

Fundamental analysis is used to analyze the change in the forex market by monitoring external factors such as the unemployment rate, gross domestic product (GDP), or any other political, economic, and social factors.
Technical analysis is employed to evaluate and identify trading opportunities by examining past market data. It comes both in manual – where traders manually examine technical indicators – and automated forms – where trader “teaches” the software to look for certain signals.

Despite the fact that there are no best analysis tools since everything depends on the trading strategy, we have picked some tools useful for all traders regardless of the used strategies:

Moving Averages, Stochastic and MACD, On Balance Volume – Best technical analysis tools for forex trading
Earnings per share or EPS, Price-to-earnings (P/E) ratio, Return on equity, Dividend payout ratio – Best forex fundamental analysis tool
Stop loss and targets levels, Risk – reward ratio, Position size – Best forex risk management tool
Trend following, Oscillators – Best crypto trading tool

Best Trading Tools Forex Brokers

To come up with this list, we opened live accounts with each broker with advanced trading tools. We deposited money and placed real trades to see each broker’s offerings. We tried to pick those with a more sophisticated range of tools.

FxPro – Overall Best Forex Broker with Trading Tools
XM – Best Broker with Forex Trading Tools for Beginners
BlackBull Markets – Best Broker with Forex Tools MT4
GKFX Best Tools Broker with Lowest Spread
Saxo Bank – Best Broker for Forex Trading Tools Mac

Overall Best Forex Broker with Trading Tools

We chose FxPro as the best broker with forex trading tools overall.

Founded in 2006, FxPro is a major CFD provider of 6 asset classes such as Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies with access to top-tier liquidity with no dealing desk intervention.

FxPro offers trading tools that are above average for the industry. It provides decent fundamental analysis as well as works with Trading Central – a third-party provider – to offer technical analysis. The broker also offers an economic calendar, multiple calculators, VPS, and algo trading to its clients through MT4 and cTrader platforms.

Best Broker with Forex Trading Tools for Beginners

We picked XM as the best broker with trading tools for beginners.

XM has been in operation since 2009 and is one of the best CFD and forex providers across the globe. XM offers outstanding educational resources and market research. XM is a MetaTrader-only broker with a user-friendly interface and low fees offering an exclusive package of algorithmic technical analysis tools for its clients coupled with economic calendar, newsfeed, and forex calculators.

Best trading tools for beginners must have 3 important aspects, First, the platform should be easy to use and beginner-friendly. Second is the provision of a variety of educational materials to get new investors off to a strong start. And third, the best platforms deliver access to quality stock market research.

Best Broker with Forex Tools MT4

We picked BlackBull Markets as the best MT4 broker with forex trading tools.

BlackBull was founded in 2014 in New Zealand serving more than 10,000 clients in over 180+ countries. BlackBull is an industry-leading ECN broker offering access to more than 300 tradable instruments on MT4/5 and WebTrader with 24/6 support. The broker offers good market insights and economic calendars, and charts for traders.

Typically MT4 is packed with various indicators and trading tools with the help of which traders can easily forecast price dynamics. However, some might find MT4 outdated and prefer MT5 instead.

Best Tools Broker with Lowest Spread

We chose GKFX as the best broker with low spreads and forex trading tools.

Since 2010, GKFX is operating as a global CFD provider offering great market research and analysis tools. GKFX offers technical analysis through Trading Centra, a user-friendly Autochartist tool that relies on chart analysis as well as support and resistance levels to suggest emerging trends
and options for trade.

The broker offers the lowest spreads for almost all instruments in the market particularly for forex (0.67 pips) and cryptos (36.62 pips).

Best Broker for Forex Trading Tools Mac

We chose Saxo Bank as the best broker with forex trading tools for Mac.

Founded in 1992, Saxo Bank is a multi-asset broker with brilliant research and market analysis tools and over 40,000 securities to trade. It offers advanced charting and trading capabilities with a comprehensive newsfeed.

Saxo Bank’s SaxoTrader Pro desktop trading platform and SaxoTrader GO web and mobile trading app are excellent trading software for Mac users. However, there is no big difference whether you are using Mac or any other operating system.

List of Brokers with Great Trading Tools

Here we made a list of brokers that provide comprehensive tools for Forex trading making them almost one-stop place gathering education, trading performance, research and good tools.

Forex Brokers	Our test details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Tickmill	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Blackbull Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
ActivTrades	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
IC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review

FAQ and More on Trading Tools Forex Brokers

Beginner traders often rise trading-related questions. We tried to give comprehensive answers to some of the most important queries related to forex trading tools.

Forex Trading Tools Free

Forex trading tools are available both on a subscription basis and free of charge. Some basic tools are mainly available for free, however, to get access to more advanced tools traders might pay fees based on the offering available by other specialized providers., also Brokers offer some range of tools depending on each proposal, while some might be on fee basis too.

Here are some of the most popular free forex trading tools available on platform:

Trend Lines
Moving Averages
Relative Strength Index
On-Balance Volume

Online Trading Tools

Forex website tools for traders can be found on multiple websites and platforms, as well as social media platforms like Youtube, etc. Brokers also provide multiple third-party analytical and research tool providers.
It is important to find a reliable source because scammers will sometimes set up fake sites that look like they’re from trade organizations or financial firms. Check our article on Forex Trading Indicator Providers

Fibonacci Tool Forex

Fibonacci retracement is a method of technical analysis for determining support and resistance – called after Fibonacci sequence numbers – levels depicted in horizontal lines. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.

Based on our experience, we found several brokers with Fibonacci retracements.

OANDA
Interactive Brokers
FxPro

Automated Forex Tools

To set up an auto trading system traders usually use trading tools by which robot or auttomated system will take an etry and exit points. Here are some of the most used tools for auto trading:

Moving average (MA)
Exponential moving average (EMA)
Stochastic oscillator
Moving average convergence divergence (MACD)
Bollinger bands

List of brokers offering these tools:

OANDA
XM

Tags forex trading tools

Broker Categories

Best Forex Broker Estonia 2025

Post author By George Rossi
Post date May 11, 2022
No Comments on Best Forex Broker Estonia 2025

To come up with this list, we have tested forex brokers Estonia.
We opened a real account and deposited between $4,000 and $6,000 with each broker. Then, we placed real trades in each popular market so that we could get the actual picture.
We also contacted customer support to see how the team was able to solve the issues we had encountered. Finally, we withdrew our funds to check the withdrawal process.
We handpicked the best forex brokers Estonia based on our trading data and experience as a trader.

Is Forex Trading Legal in Estonia?

Estonia is a country situated in Northern Europe. Estonia is a member of the European Union and has a developed economy. Still in 2011, the country adopted the euro as a currency. Estonia stands out for its balanced budget, competitive banking sector, non-existent debt, and free trade regime.

In Estonia, Forex trading is not only legal but also well-regulated. First, as an EU member, Estonian traders have access to the brokers under the EU MiFID derivative.

However, the financial sector in the country is strictly and fully regulated by the Ministry of Economic Affairs and Communications. The main goal of the Ministry is to encourage economic competitiveness and transparency in the country, protecting the Estonian interest within the EU.

What is more, all the companies and firms in Estonia should be included in the official MTR registry. This is also true for all the Forex brokers Estonia.

The official website of the Ministry of Economic Affairs and Communications is www.mkm.ee.

🏦Regulator	The Ministry of Economic Affairs and Communications
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes
📊 Maximum Leverage	1:30

Best Forex Brokers in Estonia

Choosing a forex broker Estonia has become quite easy. This is due to strict regulation present in the country, as both the local and international brokers should be tightly regulated and meet all the conditions set by the country’s regulated body. Forex brokers are not able to operate in Estonia if they are not MTR-regulated.

However, being a member of the EU, almost all the European brokers are available in the country, due to the ESMA regulation rules. We recommend Estonian traders sign in only with reputable firms, with tight regulations.

Also, when choosing a forex broker Estonia, the residents should pay attention to a number of aspects. For instance, payment methods are essential. Traders are recommended to check if the broker offers deposit and withdrawal methods available in the country. Then, another important aspect is customer support. Before signing with a broker, it is advisable to find out if the broker provides support in the trader’s preferred language.

To select the best forex brokers Estonia, we have reviewed many reputable forex brokers. Based on our test we are able to offer a list of the best forex brokers Estonia:

Amana Capital – Overall Best Broker in Estonia
Trading 212 – Best Forex Broker for Beginners Estonia
Robo Markets – Best Metatrader 4 Broker Estonia
Think Markets – Best Low Spread Forex Broker for Estonia

Overall Best Broker in Estonia

We picked Amana Capital as the overall best forex broker Estonia.

Amana Capital is a forex and CFDs broker. It was founded in 2010 and has offices in Dubai, London, Limassol, and Beirut. With Amana Capital traders have access to multiple trading instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs. The broker is well-regulated and holds top-tier licenses: FCA, CySEC, and CMA. Amana Capital offers four account types: Amana Classic, Amana Active, Shares Account, and Amana Elite.

Based on our test spreads on forex and share CFDs are mostly on the lower side. Estonian clients can conduct their trades on the popular MT4 and MT5 trading platforms. The broker offers a wide choice of payment methods: bank transfers, credit and debit cards, online wallets like Neteller and Skrill, and many other popular methods.

The broker’s customer support is quite helpful. Traders can contact them through a live chat, email, or phone. Amana Capital also offers decent education: webinars, guides on forex trading, and, a Demo account.

Best Forex Broker for Beginners Estonia

We picked Trading 212 as the best forex broker Estonia for beginners.

Founded in 2004 Trading 212 is a global Forex and CFD broker. It is located in London. The broker is licensed by the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). Trading 212 enables traders to trade multiple instruments in the following categories: Indices, Forex, Commodities, Stocks, and Cryptocurrencies.

The broker offers Invest and CFD account types. The broker does not offer the popular MT4 and MT5 platforms. Instead, it has its own proprietary platform that has all the tools and features for favorable trading. It offers various payment methods, such as bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

We have chosen Trading 212 as the best forex broker Estonia for beginners. Its educational section is suitable for beginner traders. The broker offers an in-depth video tutorial course that will help newbie traders have a successful start. Trading 212 also offers text tutorials, educational articles, and a demo account.

Best Metatrader 4 Broker Estonia

We picked RoboMarkets as the best MT5 forex broker Estonia.

RoboMarkets (RoboForex) is a forex and CFDs broker. It is headquartered in Cyprus and holds licenses in Cyprus, Belarus, and Belize. RoboMarkets offerings include forex, stocks, indices, and commodities. The broker has different account types: Pro Account, ProCent Account, Prime Account, ECN Account, and R Trader Account.

Based on the tests we conducted on MT5 Pro and R Trader accounts spreads are around the industry average or a bit higher. Spreads on indices and gold are on the lower side.

We have chosen RoboMarkets as the best MT4 best forex broker Estonia, as it offers the popular MetaTrader 4 to its traders, with all the best tools and features suitable for successful trading. RoboMarkets also offers the MT5 platform, as well as its own proprietary platform – R Trader.

Best Low Spread Forex Broker for Estonia

We picked ThinkMarkets as the best lowest spread forex broker Estonia.

ThinkMarkets was founded in 2010 in Australia. It is a forex and CFDs broker and holds licenses in Australia, the United Kingdom, South Africa, and Seychelles. With ThinkMarkets, traders have access to multiple instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs. The broker enables traders to conduct their trades both on MT4 and MT5 platforms. Also, the broker has its own proprietary platform.

We have chosen ThinkMarkets as the best low spread forex broker Estonia, as it offers attractive spreads in almost all categories. Generally, the spreads are below the industry benchmark.

Estonia Forex Brokers List

We have tested many regulated forex brokers Estonia, and based on our research we have been able to make a complete list of available forex brokers Estonia.

Estonia Forex Broker	About Our Test	Our Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Markets.com	Deposit Amount: Over €4,500 Total Trade: 12 trades	Markets.com Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading in Estonia

Traders usually have many questions related to trading in Estonia. In an attempt to be helpful we picked and answered some of the most essential queries related to forex brokers Estonia.

How to Verify Estonia Regulated Broker?

Traders often wonder how they can verify a forex broker Estonia. Well, there are several ways to do so. First, traders can check the information on the ESMA website, as the majority of brokers available in the country fall under the ESMA regulation.

Besides, forex brokers Estonia are also strictly regulated by the local regulator – The Ministry of Economic Affairs and Communications. All the brokers available in the country are listed in the MTR registry. Thus, it is easy to find information about any available broker on the MTR website

Yet, there is another easier option to verify a forex broker Estonia. Traders can seek the information on the broker’s website. Almost all brokers provide information about their availability in certain regions and countries.

No Deposit Bonus Forex in Estonia

To be able to select the best no deposit bonus forex broker Estonia, we reviewed several forex brokers. Based on our test, we were able to come up with only one broker that offers no deposit bonus in the country. To get a no deposit bonus in Estonia, traders can sign with XM.

Estonia Spread Betting Brokers

Spread betting is a beneficial way to invest in different financial markets. Commonly, spread betting is legal and regulated in the UK and Ireland. Based on our research, we have come up with the following forex brokers Estonia suitable for spread betting:

Vantage FX
ThinkMarkets

Swing Trading Forex in Estonia

When traders use swing trading their main aim is to capture gains in a short span of time. Generally, this trading strategy is allowed by most brokers in the EU. However, before signing with a broker, it is still necessary to check trading conditions.

Tax in Estonia for Forex Trading

In Estonia, forex trading is subject to taxation. Estonia has a unique tax structure. Corporate tax rates in Estonia are comparatively lower than in other EU countries, which is about 20% of the taxable income. Generally, income tax is also 20%. Non-residents pay taxes only for the income that is from an Estonian source.

Traders should be very careful to file tax forms to the relevant tax institutions in Estonia. Any delays or avoidance from taxes may lead to penalties.

Tags forex brokers estonia

Broker Categories

Best Nano Lot Forex Brokers 2025

Post author By George Rossi
Post date May 9, 2022
1 Comment on Best Nano Lot Forex Brokers 2025

For this list of nano lot forex brokers, we have searched and tested several nano lot forex brokers.
We opened real accounts and deposited between $4,000-$8,000 with each of the brokers. Then, we placed real trades in each popular market to get the real spreads. Also, we contacted the customer support team to solve the problems we faced. Finally, to find out whether the withdrawal process is smooth and clear.
Based on our experience as a trader, we chose the best nano lot forex brokers.

What is a Nano lot in Forex?

A “lot” in forex is a unit of measurement of standardized trade size. Nano lot comprises 100 units of a base currency.

One pip of a currency base is equal to $0.01 when trading a nano lot.
To execute an order for a nano lot, trader will need to sell or buy $100. This amount can even go lower depending on the broker. Some would even offer clients to trade as low as $10.

Nano lot is quite handy for beginner traders or some specific strategies since it minimizes the risk of capital loss. Where newbies can trade nano lots to hone their skills, also get access to some high capitalization instruments due to lower margins or be useful for strategies that uses most low lot sizes.

The way trades are executed doesn’t define any broker as better or worse. Everything depends on the strategy traders apply, or instruments they trade.

Forex Standard Micro Nano lot

The size of the units depends on the lot you are using for forex trading. There are 4 types of lots in forex: standard, mini, micro, and nano.

Nano lot is 1/10 the size of a micro lot, 1/100 the size of a mini lot, and 1/100 of a standard lot.

Standard lot = 100,000 currency units
Mini lot = 10,000 currency units
Micro lot = 1,000 currency units
Nano lot = 100 currency units

The forex lot size is calculated using input values such as account balance, risk percentage, and stop loss. In the first step, the trader needs to define a risk percentage for trade and then define stop loss and a dollar per pip. A trader needs to determine the lot size (number of units) for the currency pair in the last step.

Lot Size	Units	Volume	$/pip
💰 Standard	100,000	1.00	$10
💵 Mini	10,000	0.10	$1.0
💳 Micro	1,000	0.01	$0.1
💱 Nano	100	0.001	$0.01

Best Nano Lot Size Forex Brokers

To come up with this list of best nano lot forex brokers, we have searched and tested nano lot forex brokers. We have opened real accounts with real money deposited, and placed trades to compare conditions, spreads, fees, and if there are any issues with deposit and withdrawal processes.

OANDA – Overall Best Nano Trading Forex Broker
XM – Best Nano Lot Broker for Beginners
FXOpen – Best MT4 Broker with Nano Lots
IFC Markets – Best Broker with Lowest Spread and Nano Lot Account

Our test showed that there are trully very few nano lot forex brokers. Most of the brokers offering nano lots are offshore brokers, and we do not recommend opening account with offshore brokers due to the high risks. Instead, use the services of regulated brokers we have mentioned above.

Overall Best Nano Tradaing Forex Broker

We chose OANDA as the best broker with nano lots.

OANDA has been in operation since 1996 and has been one of the most popular brands in the CFD and forex industries. OANDA is best known for its vast range of instruments that can be traded and flexible funds options ensuring the safest and most transparent trading environment.

In fact, with OANDA you can technically trade nano lots and even smaller units since the broker doesn’t operate on a lot basis. This means that you can place trades worth as less as 1 unit of currency pair. Moreover, the broker allows opening an unlimited demo account that fully replicates the real one. On top of that, after depositing, there are typically no fees attached. With their FXtrade platform, you can customize lot sizes up to 0.001.

Best Nano Lot Broker for Beginners

We picked XM as the best broker allowing nano lot trading for beginners.

Established in 2009, XM is one of the industry-leading forex and CFD brokers offering flexible and dynamic trading The broker offers a low minimum deposit and an unlimited demo account, as well as great educational webinars under its Tradepedia platform which can be helpful for those who are just getting started.

With XM, you can obtain nano lot size by reducing your trade volume to 0.1 in your micro account through MT4.

Best MT4 Broker with Nano Lots

We handpicked FXOpen as the best nano lot broker for trading through the MT4 platform.

First established as an educational center in the field of technical analysis and financial markets, FXOpen has been operating as a brokerage company for 15 years with the principle of fair and transparent trading conditions.

When it comes to trading platforms, FXOpen offers the full suite of MT4 and MT5 platforms. FXOpen was the first broker offering ECN trading through the MT4 platform to its clients.

Best Broker with Lowest Spread and Nano Lot Account

We picked IFC Markets as the best broker offering nano lot trading with low spreads.

Since 2006, IFC Markets has been one of the global CFD providers offering unlimited trading instruments and multiple opportunities.

IFC Markets provides excellent conditions for trading CFDs, an outstanding educational Academy, as well a full suite of MetaTrader platforms, and a proprietary platform with an unlimited demo account for those who want to learn how the platform operates.

The broker offers relatively lower spreads compared to other trading brokers offering nano lots. It offers both fixed and floating spread nano lot accounts starting from the lot size of 0.001 with small steps of 0.00001 meaning the traders can increase lot size by 0.01.

List of Brokers with Nano Lots

Here’s the list of nano lot forex brokers we have found:

Forex Broker	Min. Lot Size	Test Details	Broker Review
XM	0.001	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
FXOpen	0.001	–	Visit FXOpen
IFC Markets	0.001	–	Visit IFC Markets
OANDA	0.001	–	Visit OANDA

FAQ and More on Forex Brokers Offering Nano Lots

Traders often raise many questions related to generic trading-related queries. We answered some of the most crucial queries related to nano lot forex brokers.

Best US Regulated Forex Broker with Nano

In fact, there are no nano lot forex brokers offering nano lot trading to US clients

Is There Anything smaller than a Nano lot in Forex?

Nano lot is the smallest unit of currency pair, and there is nothing smaller than a nano lot. This type of account is considered so small that there are not many brokers offering nano lot trading.

Tags nano lot, nano lot forex brokers

Broker Categories

Best Forex Brokers Hungary 2025

Post author By George Rossi
Post date May 6, 2022
1 Comment on Best Forex Brokers Hungary 2025

To come up with this list, we have tested forex brokers Hungary.
We opened a real account and deposited between $4,000 and $6,000 with each broker. Afterward, we placed real trades in each popular market to get the real picture.
We also reached out to customer support to see how the team was able to solve the problema we had faced. At last, we withdrew our funds to check the withdrawal process.
We handpicked the best forex brokers Hungary based on our trading data and experience as a trader.

Is Forex Trading available in Hungary?

Hungary is situated in Central Europe. It neighbors Slovakia to the north, Ukraine to the northeast, Serbia to the south, Romania to the southeast, Croatia and Slovenia to the southwest, and Austria to the west. The Hungarian economy is export-oriented, and its emphasis is strongly on foreign trade. The official currency in the country is the Hungarian Forint.

As to Forex Trading, it is available in the country. Moreover, Hungary is part of the EU so all European Brokers and UK Brokers are available for Hungary traders. This means, that finding a reliable broker is not that hard in Hungary.

All the financial activities in the country are strictly controlled by the National Bank of Hungary (MNB). The bank also acts as an independent regulatory body in the country, and its main goal is to create a stable and secure environment in the sector.

The official website of the National Bank of Hungary is www.mnb.hu.

Hungarian traders have also access to the brokers under the EU MiFID derivative. We recommend tradesr to choose a reputable and reliable broker from Cyprus, German, or other EU brokers.

🏦Regulator	The National Bank of Hungary
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes
📊 Maximum Leverage	1:30

Best Forex Brokers in Hungary

Choosing a forex broker Hungary is not difficult for Hungarian traders. This is due to ESMA regulation rules. The latter enables all European brokers to accept traders from Hungary. There are also brokers based in the country under local regulations.

When choosing a forex broker Hungary, we recommend traders to pay attention to a number of important and determining factors. One of the most important aspects to pay attention to is the payment methods. Make sure that the deposit and withdrawal methods offered by the broker are available in the country. The next not lees important criterion is customer support. Traders should choose a forex broker Hungary that offers support in the language preferred by the traders.

To select the best forex brokers Hungary, we have reviewed many forex brokers. Based on our test we are able to offer a list of the best forex brokers Hungary:

Axi Trader – Best Online Broker Hungary Overall
Trading 212 – Best Forex Broker for Beginners Hungary
Vantage FX – Best Forex Broker for MT5 in Hungary
Go Markets – Best Low Spread Forex Broker Hungary
Robo Markets – Best Hungary ECN Forex Broker

Best Online Broker Hungary Overall

We picked Axi Trader as the best overall forex broker Hungary.

Axi Trader was founded in 2007, afterward in 2020 it was rebranded to Axi. The broker is regulated in several jurisdictions and holds licenses in Australia, the United Kingdom, the UAE, Saint Vincent, and the Grenadines. With Axi, traders have access to multiple tradable instruments: forex pairs, indices, commodities, and cryptocurrencies. Axi offers 2 main account types with slightly differing fee structures: the Standard, and PRO accounts.

Axi offers different options for fast and easy payment methods, such as bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. The broker does not have its own proprietary platform. Instead, it offers the popular MetaTrader 4 platform. The education section is also quite good for beginner traders. It offers many in-depth educational articles, video tutorials, etc.

Best Forex Broker for Beginners Hungary

We picked Trading 212 as the best forex broker Hungary for beginners.

Trading 212 is a global Forex and CFD broker founded in 2004. The broker is located in London, yet it holds licenses from the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). The broker offers trading instruments in the following categories: Indices, Forex, Commodities, Stocks, and Cryptocurrencies.

Trading 212 offers 2 main account types: Invest and CFD. It offers various deposit methods including bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

Based on our research, we have found Trading 212 to be the best forex broker Hungary for beginners. Its in-depth and informative video tutorial course is suitable both for professionals and starters. The broker also offers text tutorials, educational articles, and a demo account that are very helpful for beginners.

Best Forex Broker for MT5 in Hungary

We picked Vantage FX as the best MT5 forex broker Hungary.

Vantage FX is a forex and CFDs broker. It was founded in 2009. Located in Sydney, Australia, Vantage FX holds licenses in the United Kingdom, Australia, Vanuatu, and The Cayman Islands. It offers tradable instruments in multiple categories, including forex, indices, commodities, cryptocurrencies, and shares CFDs.

The broker offers Raw ECN, Standard STP, and Pro ECN account types. The broker’s forex spreads are much lower than the industry average. Spreads on commodities are also on the lower side.

We have chosen Vantage FX as the best MT5 forex broker Hungary. The broker does not have its proprietary platform and all its important tools and features are concentrated in its MetaTrader 4 and MetaTrader 5 platforms.

Best Low Spread Forex Brokers Hungary

We picked Go Markets as the best lowest spread forex broker Hungary.

GO Markets is a global forex broker. It was founded in 2009 and is headquartered in Australia. The broker is well-regulated with multiple licenses in Australia, Cyprus, the UAE, and Seychelles. With GO Markets traders have access to hundreds of tradable instruments: Forex pairs, indices, metals, commodities, and shares. GO Markets offers 3 account types: the standard account, the GO Plus+ account, and the Pro account.

Our research showed there is no 0 pip spread forex broker Hungary. However, we have chosen Go Markets as the best low spread forex broker Hungary. The broker offers spreads that are on the lower side. Based on our trades, the spreads on forex and commodity trades were lower than industry averages. For all the other categories, spreads were either on the lower side or equal to the industry average.

Best Hungary ECN Forex Brokers

We picked Robo Markets as the best ECN forex broker Hungary.

RoboMarkets is a forex and contracts for differences (CFDs) broker, located in Cyprus. It is regulated in Cyprus, Belarus, and Belize. Robo Market’s offerings are in the following categories: forex, stocks, indices, and commodities. Robo Markets offers a range of account types with slight differences: Pro Account, ProCent Account, Prime Account, ECN Account, R Trader Account.

We have chosen Robo Markets as the best ECN forex broker Hungary. With the broker’s ECN trading account traders have direct access to the automated network.

List of Forex Brokers in Hungary

We have tested many regulated forex brokers, and based on our research we have been able to come up with a complete list of forex brokers Hungary.

Hungary Forex Broker	About Our Test	Our Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Markets.com	Deposit Amount: Over €4,500 Total Trade: 12 trades	Markets.com Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading in Hungary

Traders usually have many concerns and questions related to trading in Hungary. To be helpful, we tried to pick and answer some of the most essential queries related to forex brokers Hungary.

How to Verify Hungary Regulated Broker?

In Hungary, forex trading is strictly regulated by the National Bank of Hungary (Magyar Nemzeti Bank). For the purposes of verifying a forex broker Hungary, traders can check the information on the bank’s official website. Also, as forex brokers available in the country fall under the ESMA regulations, traders are recommended to look for the information on the ESMA website.

Traders can also check the information on the broker’s website. Almost all brokers provide information on their availability or regional restrictions.

Hungarian High Leverage Forex Brokers

In Hungary, high leverage is mostly available for only professional or retail traders. We highly recommend signing in with reliable brokers, although offshore brokers may be attractive with their high leverage offerings. Based on our research we found that a Swiss broker Dukascopy is quite favorable for Hungarian traders with its high leverage offerings.

Moreover, based on ESMA’s guidelines the maximum available leverage is 30:1. 500:1 leverage is available only for professional traders.

Best Stock Broker Platform Hungary

Based on our trades and tests that we conducted in different markets, we found that the best stock broker platform in Hungary is Interactive Brokers.

Tax in Hungary for Forex Trading

In Hungary, forex trading is subject to taxation. Capital gains and investment incomes are taxed the same way as general income. The general taxation rate starts from 15%. Foreign exchange profits and losses are not taxable separately. They are taxed only when having relation to other transactions.

Hungarian traders should keep in mind that it is up to them to file tax forms to the relevant tax institutions. The tax obligations should be completed in time to avoid penalties and fines.

Tags forex brokers hungary

Broker Categories

Best MT4 Forex Brokers South Africa 2025

Post author By George Rossi
Post date May 5, 2022
No Comments on Best MT4 Forex Brokers South Africa 2025

For this list, we have searched and tested several forex brokers in South Africa offering trading on MT4 trading platform.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers, then placed real trades in each popular market to get the real spreads. We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best MT4 forex brokers South Africa based on our trading data and experience as a trader.

Is MetaTrader 4 MT4 Trading Platform good?

MetaTrader 4, also known as MT4, is an electronic trading platform developed by MetaQuotes in 2015. The platform comprises both server and client components; while the server component is run by the broker to give access to their services through the platform, the client component enables traders to manage their accounts, place orders, and see chart prices. Visit the official MT4 website.

The platform is commonly used among retail forex brokers and is used to trade a vast array of markets including forex, indices, cryptocurrencies, and commodities, via CFDs. Many brokers regulated by FSCA offer MT4 for South African clients, however, not all brokers have the same trading fees, support, and safety features.

Some facts on MT4:

MetaTrader 4 is available via desktop, mobile, and web versions
It is accepted by most brokers all around the world, except for Japan.
MetaQuotes launched MetaTrader 5 (MT5) – an upgraded version of MT4
the platform is available in 30 languages
MT4 is designed for 32-bit operating system, it will work on 64-bit operating system; however, some compatibility problems may occur.
MetaQuote stopped the platform in 2018 to promote its freshly-launched MT5 update.

Despite the fact, that MetaQuote is no longer selling the MT4 platform; it still remains one of the most used platform based on execution. Many traders in South Africa prefer it as a choice also due to vast number of videos, education materials, and other good sources available online.

Key features of the MT4 trading platform:

📈Trading Instruments	Forex and CFDs
🕐Timeframes	9
🔜Pending Orders	4 Types (Buy Stop, Buy Limit, Sell Limit, Sell Stop)
📊Hedging	Only Hedging
🔎Technical Analysis Tool	30
📑Market Depth	No
🗓Economic Calendar	No
💰Order Execution Type	3
📊Graphical Objects	31
🖥Strategy Tester	Single-Threaded
💳Fund Transfer Between Accounts	No
💻Programming Language	MLQ4

Best MetaTrader Forex Brokers in South Africa

To select the best MT4 forex brokers South Africa, we tested and reviewed several forex brokers with good regulation and standing. We opened live accounts and deposited real money with each broker, placed real trades to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

FXTM – Best Overall MT4 Forex Broker in South Africa
IG Markets– Best MT4 Broker for Beginners in South Africa
IC Markets – Best Broker MT4 for Auto Trading
Tickmill – Best Mobile MT4 Broker for South Africa Trading
ThinkMarkets – Best South Africa MT4 Broker with Low Fees

Best Overall MT4 Broker

We picked FXTM as the best overall MT4 forex broker in South Africa.

Founded in 2011, FXTM is an FSCA-regulated CFD provider licensed by top-tier regulators in the UK, Cyprus, and South Africa. Additionally, FXTM is known to be one of the best ECN brokers offering 4 types of accounts: Stocks Account, ECN Account, ECN Zero Account, and FXTM Pro Account.

FXTM offers its clients a full suite of MetaTrader platforms with trading opportunities in forex, indices, commodities, stocks, cryptocurrencies, and spot metals.

Best MT4 Broker for Beginners in South Africa

We picked IG Markets as the best MT4 broker for beginners.

Founded in 1974, IG is a publicly-traded highly regulated brokerage company offering a comprehensive trading package with over 20,000 trading instruments.

IG provides ample educational resources through its academy suitable for beginners, as well as a demo account to allow learning different trading strategies.

Best Broker MT4 for Auto Trading

We picked IC Markets as the best broker for auto trading with the MT4 platform in South Africa.

Incorporated in 2007, IC Markets is an Australia-based forex broker offering over 3,500 tradeable instruments in the forex, indices, stocks, commodities, and cryptocurrencies sectors. IC Markets’ pros include a 1:30 high leverage under the FSA regulation, no deposit/withdrawal fees, and a $200 minimum deposit requirement.

IC Markets offers its clients AutoTrade – a trade copy service owned by Myfxbook – that offers to copy the trades of any system directly into IC Markets MT4 account. IC Markets MT4 platform doesn’t have any restrictions on trading. It has some of the best conditions for scalping, hedging, and high-frequency trading with the tightest spreads (0.0 pips).

Best Mobile MT4 Broker for South Africa Trading

We chose Tickmill as the best mobile MT4 broker for South Africa.

Tickmill is a reputable broker regulated by top-tier entities such as CySec, FCA, and FSCA. Tickmill provides trading on forex, stock indices, oil, precious metals, and bonds with 0.0 spreads

Tickmill offers a fully customizable MT4 mobile app both on IOS and Android with interactive charts, a full set of trading orders, popular analytical tools, and pretty much all the functionality available on the desktop version.

Best South Africa MT4 Broker with Low Fees

We chose ThinkMarkets as the best MT4 broker in South Africa with low fees.

Founded in 2010, ThinkMarkets is Australia-based forex and CFD broker providing trading opportunities with forex, indices, commodities, cryptocurrencies, and shares CFDs.

ThinkMarkets offers low fees for both Standard and ThinkZero Accounts through the MT4 platform. In fact, fees for the Standard account are built into spreads; and for the ZeroThink account type, the broker charges a minimum commission fee with tight or no spreads. We didn’t find any noticeable non-trading fees like deposit/withdrawal or account maintenance fees.

MT4 Forex Brokers List

Apart from the shortlisted brokers, here is a complete list of forex brokers that are well-regulated and offers to trade on the MT4 platform for South African clients, which we have tested and reviewed.

South Africa Forex Broker	FSCA Regulated	About Our Test	Our Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
AvaTrade	Yes	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
ThinkMarkets	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
INFINOX	Yes	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Tickmill	Yes	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
IG	Yes	–	IG Website

FAQ and More on MT4 Brokers

Traders usually have many questions related to generic trading-related queries. We tried to answer some of the most important queries related to MT4 forex brokers South Africa.

South Africa Metatrader 4 Real Account

A real or live account is a gateway where traders need to make a deposit before trading can be done, account types vary based on broker proposal too, and typically offering standard, commission-based, or micro-accounts.

MT4 Demo Account in South Africa

A demo account on MetaTrader 4 is an account for test/practicing trading account with virtual money, and most brokers offer this account for free use; however, the access to it may be limited to 1 month or so, based on broker conditions.

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Broker Categories

Best Czech Republic Forex Brokers 2025

Post author By George Rossi
Post date May 4, 2022
No Comments on Best Czech Republic Forex Brokers 2025

To come up with this list, we have tested more than 20 forex brokers Czech Republic.
We opened a real account and deposited between $4,000 and $6,000 with each broker. Then we placed real trades in each popular market to get the accurate picture.
We also contacted customer support to see how the team was able to solve the problems we had encountered. At last, we withdrew our funds to check the withdrawal process.
We handpicked the best forex brokers Czech Republic based on our trading data and experience as a trader.

Is Forex Trading legal in Czech Republic?

The Czech Republic is located in Central Europe. It is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic is a part of the European Single Market as it is a member of the European Union. However, it still uses its own currency – the Czech koruna.

The Czech Republic is part of the EU so all European Brokers and UK Brokers are available for Czech traders, and trading is legal activity in the country for its residents.

However, Forex brokers are regulated by the Czech National Bank (CNB). The CNB has the authority to oversee all the financial activities of the country and to monitor market participants in the Czech capital markets, thus ensuring the financial stability of the country.

The official website of the Czech National Bank is www.cnb.cz.

Czech traders have access only to CNB-regulated brokers, and also, to the brokers under the EU MiFID derivative. It’s actually highly advisable to choose from Cyprus, German, or other EU brokers with a good reputation and reliability.

🏦Regulator	The Czech National Bank
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes
📊 Maximum Leverage	1:30

Best Forex Brokers in Czech Republic

When it comes to choosing a good forex broker Czech Republic, traders should remember, that there are Brokers that are based in the country and fall under local regulations. Besides, as a member of the EU, all the European brokers can accept traders from the country due to the ESMA regulation rules. It is advisable to sign only with reliable firms as money safety in trading goes first.

When choosing a forex broker Czech Republic, it is essential to pay attention to a number of important points. First, it is necessary to verify whether the broker offers payment methods available in the country. Besides, paying attention to customer support is another important aspect. Traders should always check whether the broker provides help in their preferred language.

To select the best forex brokers Czech Republic, we have tested and reviewed many forex brokers. Based on our test we have come up with the best forex brokers Czech Republic:

Admiral Markets – Czech Republic Best Forex Trading Brokers Overall
XM – Best Forex Brokers for Beginners Czech Republic
Tickmill – Best Czech MT4 Forex Brokers
FxPro – Best Forex Broker with Lowest Spread Czech Republic
FP Markets – Best Forex STP Broker for Czech

Czech Republic Best Forex Trading Brokers Overall

We picked Admiral Markets as the best overall forex broker Czech Republic.

Founded in 2001 in Estonia, Admiral Markets is a global Forex and CFDs broker. The broker is heavily regulated and holds licenses in Australia, the United Kingdom, Cyprus, and Estonia. Admiral Markets enables access to multiple instruments in the following categories: forex pairs, indices, stocks, commodities, and cryptocurrencies.

Admiral Markets offers its customers 5 account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. Also, the broker has Islamic accounts for its Muslim traders. Admiral Markets offers fast and easy deposits through different payment methods: bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

With Admiral Markets clients can conduct their tradings on MetaTrader 4 and MetaTrader 5 platforms. Both the platforms include essential tools and features that provide successful trading.

Best Forex Brokers for Beginners Czech Republic

We picked XM as the best forex broker Czech Republic for beginners.

XM was founded in 2009. It is a Forex and CFDs broker with licenses in Australia, the United Kingdom, Cyprus, UAE, and Belize. XM offers a variety of tradable instruments in the following categories: forex pairs, indices, stocks, and commodities. The broker enables fast deposits through bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

Together with its other benefits, XM offers excellent education. This is the reason that based on our test we have chosen XM as the best beginner forex broker Czech Republic. The Tradepedia videos that are available for traders all over the world provide high-quality and prompt instructions for beginners. The broker also offers other educational materials, such as weekly webinars and detailed articles.

Best Czech MT4 Forex Brokers

We picked Tickmill as the best MT4 forex broker Czech Republic.

Tickmill is a global Forex and CFDs broker. It was founded in 2014 and headquartered in London. The broker is licensed in a number of jurisdictions, such as the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia). Tickmill offers 3 account types: the Pro, Classic, and VIP accounts. Tickmill also offers swap-free forex accounts. With Tickmill traders can fund their accounts using multiple methods, including bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen Tickmill as the best MetaTrader 4 platform as it is the broker’s only platform, so all the tools and features are concentrated on the platform, providing favorable and successful trades.

Best Forex Broker with Lowest Spread Czech Republic

We picked FxPro as the best lowest spread forex broker Czech Republic.

Founded in 2006, FxPro is headquartered in the UK. It offers CFDs for forex, shares, spot indices, futures, spot metals, and spot energies. FxPro holds licenses in the United Kingdom, Cyprus, South Africa, and The Bahamas.

The broker’s accounts are mainly based on the trading platforms: FxPro MT4 Instant, FxPro MT5, cTrader, FxPro (EDGE), MT4 fixed spread. With FxPro multiple deposit methods are available: traders can use credit and debit cards, bank transfers, and others.

We have chosen FxPro as the best lowest spread forex broker Czech Republic, as based on our research the broker’s spreads are on the lower side. It offers very low spreads for almost all the trading instruments. Only spreads for indices are slightly higher than the industry average.

Best Forex STP Broker for Czech

We picked FP Markets as the best STP forex broker Czech Republic.

First Prudential Markets (FP Markets) was founded in 2005, in Australia. The broker is heavily regulated and holds licenses in the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines.

FP Market offers instruments across multiple markets: forex, stocks, indices, commodities, and cryptocurrencies. Its deposit methods are fast and various: credit and debit cards, bank transfers, and online wallets like BPay, Poli, PayPal, and Neteller. Trades can be conducted on the popular MetaTrader 4, MetaTrader 5, and IRESS platforms.

We have chosen FP Markets as the best STP forex broker Czech Republic, as it offers some of the best STP trading conditions, low costs, and risks. STP brokers differ from ECN forex brokers, as ECN is a technology bridge to send orders to the market, while STP is a trading platform with Straight Process execution without dealer intervention.

Czech Republic Forex Brokers List

We have tested many regulated forex brokers, and based on our research we have been able to put together an extended list of forex brokers Czech Republic.

Czech Republic Forex Broker	About Our Test	Our Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Markets.com	Deposit Amount: Over €4,500 Total Trade: 12 trades	Markets.com Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading for Czech Traders

Traders usually have many doubts and questions related to trading in Czech Republic. To be helpful, we tried to pick and answer some of the most important queries related to forex brokers Czech Republic.

How to Verify Czech Republic Regulated Broker?

In fact, there are several ways of verifying a forex broker Czech Republic. As the available forex brokers in the country fall under the ESMA regulations, it would be wise to first verify the broker directly on the ESMA website.

However, forex brokers Czech Republic are also strictly regulated by the Czech National Bank. This means the Bank’s website can also provide the information traders need for verification. Yet, there is another easy way to verify a broker. Traders simply need to check the information on the broker’s website. Every broker provides about regional restrictions and availability on the official website.

Czech Forex Brokers with $1 Minimum Deposit

There are many advantages to finding a forex broker with a $1 Minimum Deposit. Traders always prefer to trade with fewer possible losses, however is essential to check margins for instrument you wish to trade. We have tested many forex brokers Czech Republic, and found that the most trustworthy and tightly regulated broker with a $1 Minimum Deposit is Admiral Markets.

Czech Forex Brokers with Bonus

Typically none of the EU entities of brokers will offer bonuses, but reputable brokers with international entities may offer some upon opening an account under an international brand. For, instance, XM offers a $30 first-time sign-up bonus to its new clients.

Czech Forex Brokers with High Leverage

In the Czech Republic, commonly high leverage is available for only professional or retail traders. Although traders may be attracted by the offshore brokers’ offerings of high leverage, it is still advisable to sign in with a reliable broker. For instance, Dukascopy is one of the brokers we have tested that can be recommended as a high leverage forex broker Czech Republic.

Besides, based on the ESMA’s guidelines the maximum available leverage is 30:1. The leverage as high as 500:1 is available only for professional traders.

Tax in Czech Republic for Forex Trading

In fact, the Czech Republic was once considered tax heaven. In the past, the tax rate in the country was 15%. Moreover, it was subject to a deduction of up to 6%. However, the country has again shifted to progressive taxation and the tax rate for any type of personal income is 23% in the country.

Traders should remember that it is up to them to be responsible for tax paying. They need to submit tax forms to the relevant institution annually, without a delay. Otherwise, they may be obliged to pay taxes and penalties.

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Broker Categories

Best Forex Brokers for Small Accounts 2025

Post author By George Rossi
Post date May 4, 2022
No Comments on Best Forex Brokers for Small Accounts 2025

For this list, we have reviewed and tested several forex brokers for small accounts.
We have opened live accounts and deposited between $4,000 and $8,000 in our accounts. Then we placed real trades to see how the spreads will work out. Also, we contacted each broker’s customer team to resolve issues with deposit and withdrawal processes.
We have picked the best forex brokers for large accounts based on our trading data and experience as traders.

What is Small Trading Account?

Forex small accounts are a popular choice for those who have just started learning to invest (read our article about beginner traders); this enables them to learn and experiment with minimized risks.

Small trading account is usually considered below $1,000; a lot of brokers like FBS, OANDA, or Admiral Markets offer small trading accounts even starting from $1. However, a smaller trading account means less exposure to the markets and inability to trade some instrument due to margins

Trading might be dedicated to a specific trading strategy, not every strategy will be good for a smaller account. For example, scalping is one of the best strategies for small accounts since with scalping you can invest small amounts of capital to achieve big results.

Traders with small accounts need to trade on margin to achieve bigger results which, of course, can maximize the risk too. Since some instruments are available only on a CFD basis (Futures, Options) some high-priced stocks like Google, Tesla, Apple, etc. will require higher capitalization.

How to Trade Forex with a Small Account?

Trading with a small account can be a good experience, one that can teach you valuable lessons about discipline, risk management, and trade execution.

So, how to grow a small forex account? Here are some tips for growing your forex account:

Learn from trends
Gain some live experience
try low-risk trading strategies
follow market news
do your analysis
try only high-probability trades

Since small accounts are harder to grow, it is crucial to find a good balance between strategies, accounts, and instruments. Also, put limitations on the use of strategies and instruments to avoid risks.

Best Leverage for Small Forex Account

High leverage is restricted by world authorities due to the high risks, hence it is better to decide on a reasonable leverage level based on the instruments you are trading. Most of the beginner traders in search of brokers with high leverage use the services of offshore brokers offering 1:1000 leverage. We do not recommend offshore brokers since money safety should be a top priority.

The best leverage for small accounts is the one that enables you to open positions based on the strategy you apply without running the risk of margin calls. The best leverage for small accounts between $10-$1,000 is 1:100, a 1:30 leverage can work too.

Most popular leverage level for forex trading:

Leverage Level	Margin Required
🥇 400:1	0.25%
🥈 200:1	0.5%
🥉 100:1	1%
🏅 50:1	2%

Best Brokers for Small Accounts

To come up with this list, we reviewed and tested several brokers for small accounts suitable for beginners. We opened live accounts and deposited between $4,000-$5,000. Then we placed real trades to see the spreads and conditions of each broker.

Pepperstone – Best Overall Small Forex Trading Account
CMC Markets – Best Forex Trading Small Accounts for Beginners
XM – Best Forex Brokers for Small Accounts on MT4
BDSwiss – Best Small Account Options Trading Broker

Best Overall Small Forex Trading Account

We chose Pepperstone as the best broker overall for small accounts.

Founded in 2010, Pepperstone is a global forex and CFD provider licensed by top-tier regulators. Pepperstone offers excellent trading conditions with forex pairs, indices, stocks, commodities, cryptocurrencies, and a currency index with a $200 minimum deposit, to begin with, the lowest spreads in the industry benchmark, as well as good educational materials for beginners.

Best Forex Trading Small Accounts for Beginners

We chose CMC Markets as the best broker for small accounts for beginners.

Founded in 1989, CMC Markets is a highly-trusted broker offering 12,000 CFDs to trade in forex, indices, stocks, commodities, and cryptocurrency markets. The broker is publicly traded and regulated with top-tier licenses. CMC Markets gives traders the opportunity to trade starting with a $1 deposit and also provides excellent easy-to-understand educational resources, making it the most suitable for beginner traders.

Best Forex Brokers for Small Accounts on MT4

We picked XM as the best MT4 broker for small accounts.

XM is a highly regulated global forex broker operating since 2009 with more than 1,200 tradeable instruments including Forex, Cryptocurrencies, CFDs, and Futures. The broker is most recommended to those preferring trading with MT4 with a small deposit since XM is offering only a $5 minimum deposit for trading with spreads as low as 0.6 pips.

Best Small Account Options Trading Broker

We chose BDSwiss as the best broker for options trading with a small balance.

Established in 2012, BDSwiss is an international brokerage providing exceptional forex and CFD investment services; its client base counts more than 1.5 million clients in over 186 countries across the globe. The broker demonstrates exceptional trading conditions and excellent order execution speed with access to over 1,000 underlying CFD instruments, fueled by ample educational resources and exemplary customer support.

BDSwiss is highly regulated with the Swiss banking license and provides world-class binary options solutions enabling its clients to trade USD/SGD, USD/BRL, USD/TRY, USD/ZAR, and USD/RUB. It provides a full suite of the MetaTrader platform as well as its proprietary platform with a minimum deposit of $10 for its Cent Account and $100 for Classic Account.

List of Brokers for Small Accouunt

Apart from the short-listed brokers, here’s a list of forex brokers with large accounts.

Forex Brokers	Test Details	Broker Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Dukascopy	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review
FP Markets	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Plus 500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
Trading 212	Deposit Amount: Over €5,000 Total Trade: 15 trades	Trading 212 Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review

FAQ and more on Trading Accounts with Small Balance

When it comes to forex brokers with small accounts, traders may have many questions. We answered some of the most essential queries related to small accounts.

Best Day Trading Platform for Small Accounts

Day traders can benefit from small accounts using different trading strategies depending on the small price fluctuation, as well as implementing leverage to take positions on the market.

Based on our trading experience we chose the best brokers for day trading small accounts:

Forex.com
XM
Admiral Markets

Swing Trading with a Small Account

Generally, there are no restrictions on the minimum deposit for swing trading, however, some brokers may put limitations on the minimum balance to $1,000. On top of that, swing traders with small accounts can rely on specific strategies for their investments.

If you are curious about swing trading, here are some of the platforms allowing swing trading with a less than $100:

Forex.com
Robinhood
TD Ameritrade

Tags brokers for small accounts

Broker Categories

Best Norway Forex Brokers 2025

Post author By George Rossi
Post date May 3, 2022
No Comments on Best Norway Forex Brokers 2025

To come up with this list, we have tested more than 20 forex brokers Norway.
We opened a real account and deposited between $4,000 and $6,000 with each broker. To get an accurate picture we placed real trades in each popular market.
We also reached out to customer support to solve the problems we had encountered. Finally, we withdrew our funds to check the withdrawal process.
We handpicked the best forex brokers Norway based on our trading data and experience as a trader.

Is Forex Trading available in Norway?

Norway is located in Northern Europe. One of the country’s main resources is oil. In fact, Norway is listed as the fifth-largest oil exporter and third-largest gas exporter in the world.

For Forex trading it is available in the country, the answer is actually positive. Norway is an EU member, which means that all the UK and European brokers are available in the country.

Since Norway is a member of the EU, the country’s forex market is regulated by MiFID (the Markets in Financial Instruments Directive). However, Norway has its own local regulator that controls the field – the Financial Supervisory Authority of Norway. The body’s main goal is to promote financial stability in the country. Also, its task is to ensure the financial soundness and ability of local institutions to handle the constantly changing economical situation.

The official website of The Financial Supervisory Authority of Norway is www.finanstilsynet.no.

In recent years, there has been an increase in the popularity of Forex trading in Norway. It’s actually highly advisable to choose from Cyprus, German, or other EU brokers with a good reputation.

🏦Regulator	The Financial Supervisory Authority of Norway
🛡️Is It safe to trade	Yes
🔒Negative Balance Protection	Yes
💰Compensation Scheme	Yes
📊 Maximum Leverage	1:30

Best Forex Brokers in Norway

When it comes to choosing a good forex broker Norway, traders should remember, that due to ESMA regulation rules, almost all the reputable EU and UK brokers accept Norway clients. We recommend being very careful in picking a broker, as money safety in forex trading goes first.

In fact, there are several essential points that traders should pay close attention to while choosing a forex broker Norway. It is essential to consider the broker’s payment methods and check whether they are available in Norway. Next, traders should consider customer support and see whether they offer help in the preferred language.

To select the best forex brokers Norway, we have tested and reviewed many forex brokers. For this purpose, we opened a live account, deposited real money, and placed real trades with each broker. Based on our tests we have come up with a rather impressive list of forex brokers Norway.

To be more helpful, we have come up with the best forex brokers Norway:

Plus 500 – Best Overall Forex Broker Norway
Trading 212 – Best Forex Brokers for Beginners Norway
Markets.com – Best Trading Platform Norway
Pepperstone – Best Low Spread Forex Broker Norway

Best Norway Forex Broker Overall

We picked Plus 500 as the overall best forex broker Norway.

Founded in 2008, Plus500 is headquartered in Israel. The broker has licenses in the United Kingdom, Cyprus, Seychelles, Singapore, and Australia. With Plus 500 traders have access to multiple markets: forex pairs and CFDs of stocks, indices, cryptocurrencies, ETFs, and options.

The broker supports deposits through credit/debit cards, bank transfers, PayPal, and Skrill. Plus500 offers its own proprietary trading platform, which is quite user-friendly and easy to use. The broker offers good customer support through live chat and email.

Best Forex Brokers for Beginners Norway

We picked Trading 212 as the best forex broker Norway for beginners.

Founded in 2004 and headquartered in London, Trading 212 is a global Forex and CFD broker. It is headquartered in London and regulated by the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). With Trading 212 traders have access to Indices, Forex, Commodities, Stocks, Cryptocurrencies.

Trading 212 offers quick and easy deposits through multiple methods: bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

We have picked Trading 212 as the best forex broker Norway for beginners, as based on our test we found the broker’s educational resources excellent. It offers an informative video tutorial course that is very helpful both for newbie and professional traders. Trading 212 also offers text tutorials, educational articles, and a demo account.

Best Trading Platform Norway

We picked Markets.com as the best platform forex broker Norway.

Markets.com is a global Forex and CFDs broker, founded in 2008. The broker holds licenses in the United Kingdom, Australia, Cyprus, South Africa, and the British Virgin Islands. With Markets.com traders have access to multiple tradable instruments: forex pairs, indices, stocks, commodities, and cryptocurrencies.

Deposits are fast and easy with a wide choice to choose from: bank wires, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller.

We have chosen Markets.com as the best platform forex broker Norway, as its traders have a choice of choosing from several platforms, taking into consideration their needs and expectations as a trader. Markets.com offers Marketsx and Marketsi proprietary platforms. Also, it offers MetaTrader 4 and MetaTrader 5 platforms to those who like to conduct their trading on the popular markets.

Best Low Spread Forex Broker Norway

We picked Pepperstone as the best lowest spread forex broker Norway.

Founded in 2010, Pepperstone is an Australian Forex and CFDs broker. It holds licenses in Australia, the United Kingdom, Cyprus, Bahamas, the UAE, and Kenya. With Pepperstone traders have access to the following tradable instruments: forex pairs, indices, stocks, commodities, cryptocurrencies, and a currency index.

When it comes to spreads, Pepperstone stands out for its lowest spreads. This is why we have chosen it as the best lowest spread forex broker. The spreads charged on forex and stock trades are mostly lower than the industry average. Only Bitcoin spreads are on the higher side.

Norway Forex Trading Brokers List

Besides our best picks above, we also put together an extended list of 20 forex brokers Norway.

Norway Forex Broker	About Our Test	Our Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
AXI (AxiTrader)	Deposit Amount: Over €6,000 Total Trade: 12 trades	AXI Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Markets.com	Deposit Amount: Over €4,500 Total Trade: 12 trades	Markets.com Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
ThinkMarkets	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
GO Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
ICM Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Capital Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Darwinex	Deposit Amount: Over €5,000 Total Trade: 12 trades	Darwinex Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review

FAQ and More on Forex Trading in Norway

Traders usually have many questions related to trading in Norway. To be helpful, we tried to pick and answer some of the most essential queries related to forex brokers Norway.

How to Verify Norway Regulated Broker?

Every European-based broker can be verified on the ESMA’s website. ESMA is engaged in safeguarding the stability of the financial system and enhancing protection for investors. It promotes stability and order in the market.

Also, the country’s regulator keeps its own register of regulated firms. In Norway forex brokers are overseen by The Financial Supervisory Authority of Norway. Besides, traders can always check the broker’s availability on its website. It is always recommended to double-check any information, to avoid complications.

Norway Highest Leverage Forex Brokers

In Norway, high leverage is available for professional or retail traders. Generally, it is better to open accounts with a Swiss broker Dukascopy. Although many offshore brokers offer high leverage, still they are not recommended due to the lack of reliability.

According to ESMA’s guidelines the maximum available leverage is 30:1. Only qualified professional traders have access to the maximum 500:1 leverage.

Tax in Norway for Forex Trading

Norway residents are subject to income taxation. Generally. the income tax in the country is 22%. However, in the country there are different tax categories, for instance, residents are allowed a personal tax-free amount during the year.

Forex traders should keep in mind that it is their responsibility to file tax forms to the relevant institutions. In case of delays or avoidance, they will have to pay penalties and fines.

Tags forex brokers norway