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Best Forex Broker Belgium 2025

To come up with this list, we have tested over 20 forex brokers Belgium.

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 with the purpose of getting the actual picture. 

We also contacted customer support to solve issues that we had encountered. At last, we withdrew our funds to check the withdrawal process.

We handpicked the best forex brokers Belgium based on our trading data and experience as a trader.

Is Forex Trading Legal in Belgium?

Forex trading in Belgium is regulated by the Financial Services and Markets Authority (FSMA). The body was established in 2001 and it is committed to ensuring that people who use financial services are treated fairly. The FSMA, together with the National Bank of Belgium, is responsible for monitoring and supervising the Belgian financial sector.

You can visit the Financial Services and Markets Authority website for more information.

FSMA supervises the financial services providers, follows that the companies comply with conduct of business rules, supervises products, and contributes to the improvement of financial education in the country.

Belgium is a member of the EU, thus all the European and UK brokers are available for Belgium traders. Still, trading forex in the country is easier if you are not a Belgium citizen. For its citizens, there are some restrictions and rules. According to them, forex trading for retail traders is banned. Only professional traders are able to access the market. To prove that they are professional traders, the citizens of Belgium have to submit a Financial portfolio of at least 500.000€, also, proof of one or more years of experience. Only after the verification of the submitted information, Belgium traders are able to start trading. 

🏦RegulatorFinancial Services and Markets Authority (FSMA)
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes

Best Forex Brokers in Belgium

As to forex brokers Belgium, there are a number of points traders should consider before making a final choice. First, if you are a retail trader, you should be aware that you will not have access to a number of instruments: spread betting, binary options, leveraged products, and spot forex.

In Belgium, there are local brokers based in the country. There are also brokers that accept traders from Belgium. All the European and UK brokers accept traders from the country as it is a part of the EU, due to ESMA regulation. 

When choosing a broker, it is advisable to avoid offshore brokers. Their offerings can be quite favorable, yet it is better to avoid signing with them. Also, another important point to pay attention to is customer service. Make sure that the broker provides services in your preferred language.  

To select the best forex brokers Belgium, we have tested and reviewed many forex brokers. For our tests, we opened a live account, deposited real money, and placed real trades with each broker. Based on our test and observations, we recommend choosing from Cyprus, Germany, or other EU brokers with a good reputation.

We have come up with the following best forex brokers Belgium:

  • AvaTrade
  • FBS
  • FXTM
  • Admiral Markets
  • OANDA

Overall Best Broker in Belgium

We picked FBS as the overall best forex broker Belgium. 

FBS is a forex CFDs broker founded in 2009. It is based in Belize and Cyprus. The broker is heavily regulated in Belize, Cyprus, and Australia. FBS offers a number of tradable instruments in different categories: forex, indices, commodities, stocks, and cryptocurrency CFDs.

FBS spreads on forex, indices, and stocks CFDs are rather low, mostly lower than the industry average. On the other hand, spreads on commodities are slightly higher. The broker offers a few account types: Standard Account, Cent Account, Micro Account, Zero Spread Account, ECN Account.

FBS supports deposits with bank transfers, credit and debit cards, and popular e-wallets like Neteller, and Skrill. FBS offers several options for trading platforms to choose from: MetaTrader 4, MetaTrader 5, and FBS Trader. FBS also offers quality education: webinars, video guides, glossary, demo account.

Best Forex Brokers for Beginners in Belgium

We picked OANDA as the best forex broker Belgium for beginners.

OANDA was founded in 1996, in the US. The broker is heavily regulated with a number of licenses: CFTC, NFA, FCA, MAS, ASIC, IIROC. OANDA offers a wide range of instruments: Forex and CFD trading, currency pairs, indices, commodities, bonds and metals, futures trading, commodities futures. OANDA has only one standard account type. However, clients with a minimum $50K deposit automatically acquire the status of a Premium client. This way they get tighter spreads and better offerings.

OANDA offers different trading platform options. It has its own proprietary platform – Oanda Trade, however, traders can perform their tradings through the MT4 platform.

We have picked OANDA as the best forex broker Belgium for beginners as its education section is rather good and diverse. It offers a wide range of educational materials and webinars for traders at different levels.

Best MT4 Forex Broker for Belgium

We picked FXTM as the best MT4 broker in Belgium. 

ForexTime was founded in 2011 and is headquartered in Cyprus. The broker is strictly regulated and holds licenses in different jurisdictions: the United Kingdom, Cyprus, South Africa, and Mauritius. Among FXTM offerings are forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and also real stocks. FXTM offers several account type options: Standard Account, Cent Account, and Stock CFDs Account. 

FXTM traders can choose from 3 main trading platforms: MT4, MT5, FXTM Trader (proprietary mobile platform). We have picked FXTM as the best MT4 forex broker Belgium, as it includes most of the important tools and features to conduct successful trading.

Best Low Spread Forex Broker for Belgian Trader

We picked AvaTrade as the best low spread forex broker in Belgium.

AvaTrade was founded in 2006. It is headquartered in Dublin and Ireland. The broker is strictly regulated in several jurisdictions: Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands. AvaTrade offers trading with forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs. 

Based on our test, AvaTrade offers attractive spreads on forex, stocks, commodities, and cryptocurrency CFDs. We have picked AvaTrade as the best low spread forex broker as its spreads for forex, indices, and commodities are much below the industry average. Anyway, Cryptocurrency and stock spreads are slightly on the higher side. 

Belgium Forex Brokers List

There are many brokers available to Belgian traders. We have tested them and come up with an impressive list.

Belgium Forex BrokerAbout Our TestOur Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades		eToro Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades		Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades		AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades		Admiral Markets Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades		Pepperstone Review
Markets.comDeposit Amount: Over €4,500
Total Trade: 12 trades		Markets.com Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades		Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades		ThinkMarkets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades		GO Markets Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades		Fortrade Review
ICM CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades		ICM Capital Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades		INFINOX Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades		Capital.com Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades		Darwinex Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades		Amana Capital Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades		XTB Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades		Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades		Trading 212 Review

FAQ and More on Forex Trading in Belgium

There are often a lot of questions related to trading in Belgium. We tried to pick and answer some of the most important queries related to the brokers available in the country.

How to Verify Belgium Regulated Broker

In Belgium, traders should make sure that the broker is ESMA compliant. This can be checked out on the ESMA website, also, by contacting one of the two regulators- FSMA or CySEC (Cyprus).

You can always check the broker on the FSMA website, and type the name of the broker on the search bar. You can also search for the information on the broker’s official website. It is advisable to double-check the information before signing with the broker.

Belgium - FSMA website

Trading Gold Forex Belgium

The gold market offers high liquidity and excellent opportunities to profit in nearly all environments due to its unique position within the world’s economic systems.

The MetaTrader 4 platform is where you can trade gold, but many brokers offer this service on their own proprietary platforms, too. Based on our test we have selected two forex brokers Belgium for trading gold.

  • AvaTrade
  • FXTM

Tax in Belgium for Forex Trading

Forex trading is taxable in Belgium. However, as it is mostly available to professional traders, the taxing field is a bit complicated. Generally, taxes are applied to gains that exceed 20K annually. 

For additional information, traders should contact the local authorities. Anyway, traders are responsible for submitting a tax form to the relevant institutions in the country to avoid any complications.  

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Best High Leverage Forex Brokers India 2025

For this Best High Leverage Forex Brokers India article, we reviewed and tested 5 high leverage forex brokers operating within the country. We opened real accounts with each broker and deposited between $4000-$8000 and placed live trades into the popular instruments to determine spreads.

Also, we reached out to each broker’s customer support to address the issues we had encountered. Finally we withdrew some of our funds to make sure that the withdrawal process is smooth.

We have chosen the best high leverage forex brokers in India based on the trading data we gathered and our experience as traders.

High Leverage in Forex

In the Forex market, leverage is a crucial aspect of investing that allows traders to multiply their income by using borrowed capital from forex brokers as their funding source. This borrowed capital needed for deposit in leveraged trading is called margin. Simply put, you need margin to create leverage. Leverage is presented as a ratio between the amount of money you own and the amount of money you can trade. Let’s assume you intend to buy a position worth $50,000, with 50:1 leverage you will need $1,000. Find out more about the definition of leverage on Wikipedia.

Leverage can result in an increase in return on investment by trading larger positions, yet it is a double-edged sword that can lead to magnified losses as well. Hence, it is advised to choose proper leverage based on the amount of money you want to trade and the financial instrument you trade with. New traders should get acquainted with trading techniques and evaluate the potential risks before leveraging.

Leverage LevelMargin Required
🏅 50:12%
🥉 100:11%
🥈 200:10.5%
🥇 400:10.25%

Indian Forex Broker with High Leverage

Normally Indian Brokers are international entities that fall under particular regulations the broker is registered. Since the world authorities now restrict high leverage, the options to access high leverage are limited. There are a few ways how traders can access high leverage:

  • become a professional trader, prove the status, and claim high leverage from the broker
  • open account under a broker who still offers high leverage, like brokers from Switzerland (FINMA) and New Zealand (FMA), if available for the traders from India
  • open account under an offshore broker, the majority of them offer high leverage but are not recommended due to high risks and lack of regulations

Best Brokers with High Leverage in India

To select the best high leverage forex brokers India, we reviewed several high leverage brokers in India. We opened live accounts and deposited real money with each broker, also place real trades in popular market instruments to get the full picture of spreads, commissions, trading platforms, deposit and withdrawal conditions, education as well as customer support.

  • IG Markets – Best Overall High Leverage Broker India
  • Interactive Brokers – Best Commodity Broker with High Leverage in India
  • FP Markets – Best High Leverage Trading Platform in India
  • Swissquote – Best High Leverage Broker for Beginners India
  • BlackBull Markets – Best Broker with Low Spread and High Leverage

Traders need to make sure they are opening accounts under the right regulatory entity. If you want high leverage, then it’s important that your broker is properly regulated and licensed in accordance with applicable law across all jurisdictions where its services will be utilized.

Best Overall Brokers in India with High Leverage

We have handpicked IG Markets as the overall best high leverage forex broker in India.

IG Markets is headquartered in London, UK, and regulated by FINMA. The Broker offers a wide range of markets to trade with including forex, indices, commodities, shares, cryptocurrencies, etc. It also offers extensive and in-depth educational materials on both the forex market and trading, as well as a demo account that traders can use to learn before opening a real account and starting to invest.

Under the FINMA regulator, IG Markets offers a 200:1 leverage level on most forex pairs to its clients. Traders outside of this jurisdiction can use high leverage under IG offshore branch, but we do not recommend offshore entities since they bear downside risks.

Best Forex Broker with High Leverage for Beginners India

We have chosen Swissquote as the best high leverage forex broker for beginners in India.

Swissquote Group Holding Ltd is headquartered in Gland (VD) with offices in Zürich, Bern, Dubai, Malta, Hong Kong, and London. The broker is suitable for beginners since it gives a comprehensive understanding of high leverage trading by offering exceptional in-depth educational materials. It offers a wide range of courses, video guidelines, webinars, and articles on the forex industry. Also, traders can open a demo account before opening the real account itself to test their strategies in order to minimize the risks of losing their hard-earned money.

The broker offers a 100:1 leverage level under the FINMA entity which is a good level to begin with.

Best Commodity Broker with High Leverage India

We have picked Interactive Brokers as the best commodity broker with high leverage in India.

Interactive Brokers was founded in 1977, in Greenwich, USA.  It is a well-regulated broker and is licensed by SEBI. It is popular with its wide range of market instruments such as forex pairs, CFDs, stocks, cryptocurrencies, and commodities. Interactive Brokers offers the best high leverage conditions on the commodity market for its Indian clients; however, you need to be a professional trader in order to get access to high leverage levels.

To learn more about SEBI proceed to the SEBI website, or follow them on Twitter.

Best High Leverage Trading Platform in India

We have chosen FP Market as the best high leverage trading platform in India.

FP Markets, also known as First Prudential Markets, is a high leverage broker headquartered in Australia, in 2005. The broker offers trading with forex, indices, stock, commodities, and cryptocurrencies.

FP Markets has specifically designed their PRO Account to allow high leverage trading up to 500:1. The broker offers high leverage traders to open their accounts on popular MetaTrader4 and MetaTrader5 platforms. Both platforms offer trading services on desktop, web, and mobile.

Best Broker with Low Spread and High Leverage India

We have picked BlackBull as the Best Broker with Low Spreads and High Leverage in India.

BlackBull Markets is headquartered in New Zealand. The broker offers over 200 trading instruments on forex, stocks, indices, and commodities markets. All BlackBull Markets’ spreads are below the industry average on most of the market instruments with zero commissions charged.

BlackBull offers a 500:1 leverage level under the FMA entity.

Top 100 Regulated Forex Brokers with High Leverage

Many regulators across the globe are restricting high leverage levels, normally brokers offering high leverage fall under international regulators. There are some offshore entities that allow high leverage but we do not recommend using them because of the high risks. Apart from the above-mentioned shortlist of high leverage forex brokers India here is a complete list of forex brokers offering high leverage that we have reviewed.

Forex BrokerFINMA RegulatedFMA RegulatedVisit Broker
IG MarketsYesYesIG Markets Website
Interactive BrokersNoYesInteractive Brokers Website
BlackBull MarketsNoYes BlackBull Markets Review
CMC MarketsNoYesCMC Markets Review
SwissquoteYesNoVisit Swissquote
DukascopyYes NoDukascopy Review
Saxo MarketsYesNoSaxo Markets Website

FAQ and More on High Leverage Brokers in India

Traders often raise questions on trading-related topics. Hence, we tried to find and answer some of the most important queries associated with Indian forex brokers offering high leverage trading.

High Leverage Crypto Brokers in India

In terms of trading cryptocurrencies, most brokers in India offer Crypto CFDs trading. These are not real trades but rather speculation on their price movements and high leverage crypto exchange can be accessed if a trader opens an account with Swissquote and BlackBull brokers under FINMA/FMA regulations. Offshore regulators will also provide high leverage crypto exchange but we do not recommend them since they may come at greater risk due to fraud.

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Best Brokers Luxemburg 2025

To come up with this list, we have tested over 20 forex brokers Luxemburg.

We opened a real account and deposited between $4,000 and $6,000 with each broker. Then, to get the actual picture we placed real trades in each popular market. 

We also contacted the customer support to solve issues that we had encountered. At last, we withdrew our funds to check the withdrawal process.

We handpicked the best forex brokers Luxemburg based on our trading data and experience as a trader.

Is Forex Trading available in Luxemburg

Forex brokers Luxemburg are subject to rigorous supervision by the Commission de Surveillance du Secteur Financier (CSSF), which is an independent financial regulator overseeing all products and services. The agency has wide-ranging regulatory authority over non-banking sectors within its borders making it one powerful organization that can issue licenses or initiate investigations against member firms.

The Commission de Surveillance du Secteur Financier’s website is www.cssf.lu.

The CSSF is committed to promoting fairness and simplicity in the financial markets so as not only to protect clients from broker scams but also fraudulent activities.

Luxembourg is a highly attractive country for entrepreneurs and investors due to the many benefits it provides. The low tax rate of corporate income, as well as great privacy laws, make this EU member an excellent choice.

In recent years, there has been an increase in the popularity of Forex trading in the country. Some reputable brokers opened their offices in Luxemburg. However, Luxemburg is a part of the EU so all European Brokers and UK Brokers are available for Luxemburg clients. Traders are recommended to choose from Cyprus, Germany, or EU brokers with good reputation.

🏦RegulatorCommission de Surveillance du Secteur Financier (CSSF)
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes

Best Forex Brokers in Luxemburg

When talking about the best brokers Luxemburg, traders should consider the fact that there are brokers based in the country falling under local regulation. However, as Luxemburg is a part of the EU,  there are also many reliable European brokers that accept traders from Luxemburg due to ESMA regulation rules.

Before choosing a broker, we recommend signing only with reliable brokers, as money safety in forex trading goes first. Also, it is essential to verify whether the broker supports the necessary payment methods. Another important point to pay attention to is the customer support of the broker. It is important to check if it offers services in the preferred language.

To select the best forex brokers in Luxemburg, we have tested and reviewed over 20 forex brokers. We opened a live account, deposited real money, and placed real trades with each broker. Our tests gave us an insight into the real spreads and commissions, trading platforms, deposit and withdrawal conditions, educational resources, and customer services. Based on them, we recommend choosing from Cyprus, Germany, or other EU brokers with a good reputation.

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

  • Markets.com
  • Admiral Markets
  • Trading 212
  • FxPro 
  • eToro

Best Forex Broker Luxemburg Overall

We picked Markets.com as the overall best forex broker Luxemburg. 

Founded in 2008, Markets.com is a global Forex and CFDs broker.  The broker is heavily licensed in the United Kingdom, Australia, Cyprus, South Africa, and the British Virgin Islands. The broker offers tradable instruments under the following categories: forex pairs, indices, stocks, commodities, and cryptocurrencies.

Most of the spreads charged by the broker are a little higher than industry benchmarks. As to the account types, the broker offers 5 main options: CFD, investment strategy builder, MT4 CFD, MT5 CFD, and share dealing accounts. Besides, Markets.com offers swap-free Islamic Accounts to its Muslim clients.

Deposits and withdrawals with Markets.com are fast and easy. The following payment methods are available: bank wires, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller. The choice of trading platforms is also quite wide. Markets.com offers two proprietary trading platforms – Marketsx and Marketsi. Besides, traders preferring the popular MetaTrader 4 and MetaTrader 5 platforms, are still able to conduct their trades on one of the platforms.

Best Forex Brokers for Beginners in Luxemburg

We picked Admiral Markets as the best forex broker Luxemburg for beginners.

Admiral Markets is a global Forex and CFDs broker.  It was founded in 2001 and is based in Estonia. The broker is strictly regulated and holds licenses in Australia, the United Kingdom, Cyprus, and Estonia. Admiral Markets offers a great number of tradable instruments: Forex pairs, indices, stocks, commodities, and cryptocurrencies.

Admiral Markets offers 5 account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. With the broker, traders have access to the popular MetaTrader 4 and MetaTrader 5 platforms.

We have picked Admiral Markets as the best forex broker Luxemburg for beginners, as its education section is really great, with quality materials. The broker has a great beginners course – Forex 101 that includes nine in-depth lessons designed for beginners. To gain access to the course, traders have to sign up for a free demo account first. 

Best MT4 Forex Broker in Luxemburg

We picked FxPro as the best MT4 broker in Luxemburg. 

FxPro is a UK forex broker. It was founded in 2006. FxPro offers CFDs across six trading instrument categories: forex, shares, spot indices, futures, spot metals, and spot energies. FxPro is heavily regulated with licenses in the United Kingdom, Cyprus, South Africa, and The Bahamas.

The broker has multiple accounts and all of them are based on the execution types and trading platforms. Based on our tests which we conducted on the FxPro MT4 and FxPro MT5 accounts, forex spreads are consistent, although spreads for indices and commodities tend to fluctuate. Stock spreads, on the other hand, are significantly lower than the industry average.

We have picked FxPro as the best MT4 forex broker Luxemburg because its MT4 trading platform is really good and offers the traders all the necessary features and favorable conditions for successful trading. Besides, FxPro also has a proprietary platform – FxPro (EDGE).

Best Low Spread Forex Broker Luxemburg

We picked Trading 212 as the best low spread forex broker Luxemburg.

When it comes to spreads, Trading 212 stands out for its low and consistent spreads. The spreads charged on forex and stock trades mostly linger around the industry average. Moreover, spreads for stock trades are much lower than the industry average.

Trading 212 offers 2 account types: the Invest and CFD accounts. The broker offers proprietary web and mobile trading platforms as the only trading platforms. It does not offer the popular MetaTrader 4 and MetaTrader 5 platforms. 

Luxemburg Forex Brokers List

Besides our best picks above, we also put together a complete list of 20 forex brokers available in Luxemburg.

Luxemburg Forex BrokerAbout Our TestOur Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades		eToro Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades		Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades		AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades		Admiral Markets Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades		Pepperstone Review
Markets.comDeposit Amount: Over €4,500
Total Trade: 12 trades		Markets.com Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades		Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades		ThinkMarkets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades		GO Markets Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades		Fortrade Review
ICM CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades		ICM Capital Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades		INFINOX Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades		Capital.com Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades		Darwinex Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades		Amana Capital Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades		XTB Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades		Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades		Trading 212 Review

FAQ and More on Forex Trading in Luxemburg

Traders usually have many questions related to trading in Luxemburg. We tried to pick and answer some of the most important queries related to the brokers available in the country.

How to Verify Luxemburg Regulated Broker

The registration details of any broker can be checked on the ESMA’s website. ESMA is an independent European Union (EU) Authority that contributes to safeguarding the stability of the financial system by enhancing protection for investors and promoting stable, orderly markets.

In order to provide investment services and activities, a firm must first be authorized by an EU regulator. Brokers are authorized only when they comply with certain rules and requirements. Each country’s regulator keeps its own register of regulated firms. In Luxemburg forex brokers are overseen by the Commission de Surveillance du Secteur Financier (CSSF).

Besides, traders can always check the broker’s availability on its website. It’s always better to double-check any information, to avoid complications.

CSSF - official website

Forex Brokers with No Deposit Bonus in Luxemburg

No Deposit Bonus is one of the most popular marketing tactics used by forex brokers to attract new traders. A no-deposit bonus gives you free credit, which can be put toward any trade on their platform without having an initial deposit needed.

Many reputed brokers do not offer bonuses any longer. However, there are still reliable forex brokers with bonuses in Luxemburg.

Based on our tests, we have picked the following brokers in Luxemburg, offering no deposit bonus:

  • XM
  • Tickmill

Swap Free Forex Broker Luxemburg

Swap-free accounts offer traders services without fees. Swap-free accounts enable forex traders to take overnight positions on currency pairs without earning or paying interest. These types of accounts are acceptable for Islamic clients and are Halal. This is due to the no-commission trading. 

The brokers listed below offer Swap-free accounts in Luxemburg:

  • ThinkMarkets
  • Fortrade

Best Forex Broker for Scalping in Luxemburg

Scalping is the shortest time span when the traders take advantage of the small changes in currency prices. In scalping, it is very important to establish and liquidate a position within minutes or seconds. Scalping forex brokers allow scalping as a trading strategy.  Their number is growing rapidly.

Based on our tests, we selected scalping brokers available in Luxemburg:

  • FxPro
  • Pepperstone
  • Admiral Markets

High Leverage Forex Brokers

High leverage is available for professional or retail traders. They can open accounts with Swiss brokers such as Dukascopy. There are also many offshore brokers that offer high leverage, yet are not recommended due to the lack of reliability. Read also our article on the Best High Leverage Forex Brokers.

According to ESMA’s guidelines and limitations the maximum leverage offered to traders is 30:1. The maximum leverage up to 500:1 is available to only qualified professional traders.

ECN Forex Broker Luxemburg

ECN brokers provide traders with direct market access and do not take any positions against them. These firms offer raw spreads at low or tight prices, usually charging commissions as fees for their services.

We have picked several forex brokers Luxenburg that offer ECN accounts to traders.

  • Pepperstone
  • FXTM
  • AxiTrader
  • Admiral Markets

Tax in Luxemburg for Forex Trading

Luxembourg has been a popular tax haven for decades. More than 340 companies from around the world have set up subsidiaries in this small country and sought beneficial arrangements to relieve them of their taxes locally.

As to forex traders, it is important to fully understand the tax implications of trading forex before making the first trade. Generally, a rate of 20% WHT is applied to interest payments made by individuals who are subject to income tax. The deadline for submitting the tax return is March 31st of the following year. Generally, traders are responsible for submitting tax forms to the appropriate authorities.

When it comes to taxation, traders should keep in mind:

  • Traders should choose a tax situation before their first trade
  • They should keep clear records
  • Pay taxes without avoiding as avoidance may lead to greater fees

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Best Forex Brokers with Trading Signals 2025

For this list, we have searched and tested several forex brokers with trading signals.

To select the best forex brokers with trading signals we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We then placed real trades in each popular market so as to get the actual picture.

Then we contacted the customer team, to test their dedication and ability to be helpful.

We handpicked the best forex brokers with trading signals based on our trading data and experience.

What are Best Trading Signals for Forex?

Forex signals are indicators or a combination of factors that may suggest when to buy or sell a currency pair or instruments. Signals can be derived from fundamental analysis, technical studies, and others, means are based on technical analysis. Investors often rely on their gut feeling to make decisions that can be really risky. By using trading signals, it is possible to enhance the results of the trades, since traders get to know when to enter or exit trading positions based solely on observations like price action or volume, avoiding emotional desicions.

There are many different types of signals that can be derived from technical indicators. The best forex signal will depend on what you’re looking for, but one thing is certain- they all have their own unique strengths and weaknesses so it’s important not only consider this when choosing which indicator to use as well how often traders should check up with them before taking any trades!

There are several forex signals:

  • Long-term signals that are intended for investors
  • Medium-term signals
  • Short-term signals intended for scalpers

Mainly Trading Signals are based on Technical Analysis and Price Action tools, these are some of the popular analysis tools often used on its own or in combination as basis for Trading Signals :

  • MACD
  • Moving Averages(MAs)
  • Bollinger Bands
  • Historical Volatility
  • Oscillators
  • Relative Strength Index (RSI)
  • Directional Movement Indicator (DMI)

So how to get Trading Signals? There are various signals available for trading purposes. Some Signals are inbuilt into the trading platforms of the forex brokers with trading signals. Besides, there are popular Social Trading platforms acting as signal providers too, like popular ZuluTrade or eToro Social Trading.

Also, traders can obtain signals from some individuals or companies that create own patterns and systems for providing signals, known as third party providers which might be Market leaders or not, where traders can get signals by trading signal groups, Telegram Signal Channels, WhatsApp, email or online platform notifications etc. However, we reccomend check carefully whether the trading signal provider is a reliable source.

Best Free Forex Signals Providers

Forex Signals are essential for Beginning traders too, however important to consider both Brokers with Trading Signals and Free Signal providers offering signal services. At the point, broker with Trading signals might be a better option for beginners since is a one-go place where trader can find education, support materials, signals and suitable for beginners’ trading platforms.

Forex signals apps on their own provide real-time market data and analysis, which can help you make more informed trading decisions. However, it is essential to choose one of the reliable free forex signals apps to start with. 

Signals usually depend on the complexity and the parameters they evaluate. Free signals might offer only simple reach of the price levels or other basic analytic criteria. We recommend using reliable broker Apps for signals. 

Here we select and name few of the popular signal providers, including Brokers with good signals, either based on news, trading ideas, or trading signals from popular MyFXBook or other social trading netwoks:

  • Learn 2 trade
  • ForexGDP
  • 1000pip Builder
  • Forex.com
  • ForexSignals.com

What Brokers Support Trading Signals

The majority of forex brokers with trading signals offer Signals either as push notifications or as alert systems inbuilt into the platform. Some brokers enable ZuluTrade or other social trading platforms. However, most often only simple trading signals are available free of charge and others might be available for a fee on a marketplace. 

Trading signals are a great way to get trade ideas, and many brokers offer this service free of charge. 

Many high-quality forex brokers provide trading signals as a part of their service. Some of those brokers we have tested and marked as best in its category. To get signals offered by the Brokers, you need to open an account and see available range on its trading platform, however before signing with a certain broker, it is essential to check its offerings and see if they can satisfy your trading needs. Here are some Best Brokers with Trading Signals tested by us:

  • AvaTrade – Best Broker with Trading Signals Overall
  • Tickmill – Best Broker for Beginners with Trading Signals
  • Markets.com – Best MT4 Signals Broker
  • IC Markets – Best ZuuluTrade Signals Broker

Best Overall Forex Signal Broker

We have chosen AvaTrade as the best overall forex broker with trading signals.

AvaTrade was founded in 2006 in Dublin, Ireland. The broker is regulated in several jurisdictions: Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands. AvaTrade offers an abundance of trading instruments: forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

The broker’s fees are built into the spreads. The spreads are rather attractive for forex, stocks, commodities, and cryptocurrency CFDs. Spreads for forex, indices, and commodities are much below the industry standards. AvaTrade deposits are available through wire transfers, credit cards, and popular e-wallets like Skrill, Neteller, and Paypal. 

We have picked AvaTrade as the best broker with trading signals as it offers free trading signals to all traders who are signed up on their site with third-party providers. Traders can access and subscribe to any signals provider via their MT4 and MT5 platforms. 

Trading conditions with the broker are good. Traders can use hedging and scalping. Traders also have access to copy trading services with two third-party services: DupliTrade and ZuluTrade. Moreover, AvaTrade offers MQL5 Signals Services.

Best Forex Trading Signals for Beginners

We have picked Tickmill as the best beginner forex broker with trading signals.

Tickmill is a global Forex and CFDs broker, founded in 2014. The broker is headquartered in London and holds licenses in the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia).

Tickmill offers 3 account types: Pro, Classic, and VIP accounts. Deposits and withdrawals with Tickmill are free and fast. The accounts are possible to fund through bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. The trading conditions at Tickmill are also good. Traders can run most types of trading strategies, such as hedging and scalping. Tickmill also allows access to Expert Advisors (EAs).

We have chosen Tickmill as the best beginner forex broker with trading signals, as it has a quality education section including webinars, seminars, Ebooks, video tutorials, forex glossary, infographics, fundamental analysis, technical analysis, market insights.

Best Forex Signals MT4 Broker

We have picked Markets.com as the best MT4 forex broker with trading signals.

Markets.com is a global Forex and CFDs broker. It was founded in 2008. The broker holds licenses in the United Kingdom, Australia, Cyprus, South Africa, and the British Virgin Islands.

Markets.com offers tradable instruments in a number of categories: forex pairs, indices, stocks, commodities, and cryptocurrencies. Markets.com offers 5 account types: CFD, investment strategy builder, MT4 CFD, MT5 CFD, and share dealing accounts. Markets.com offers excellent trading conditions. The broker allows high-risk strategies such as hedging and scalping.

Markets.com also allows traders to use Expert Advisors (EAs). The broker provides trading signals to give essential market hints to its clients. Markets.com signals tool combines data from several sources: Daily Analyst Recommendations, Insiders, Hedge Fund Activity, and Bloggers. Traders are able to get real-time trading insight that will boost their trades immensely. 

In fact, traders have a choice when it comes to trading platforms. There are two proprietary trading platforms – Marketsx and Marketsi. Traders that prefer popular MT4 and MT5 platforms, can still conduct their tradings through them. We have picked Markets.com as the best MT4 forex broker with trading signals as the MT4 platform has all the favorable conditions and features for successful trading.

Zulutrade Best Forex Signals Broker

We have picked IC Markets as the best Zulutrade best forex broker with trading signals.

Founded in 2007, IC Markets is an Australian Forex and CFDs broker, headquartered in Sydney, Australia. The broker holds licenses in Australia, Cyprus, Seychelles, and The Bahamas. IC Markets offers tradable instruments in Forex pairs, indices, stocks, commodities, and cryptocurrencies.

IC Markets charges low fees for forex pairs, indices, commodities, and cryptocurrencies. Based on our tests, spreads charged in our trades were below industry standards. IC Markets offers 4 account types with slightly different features: the standard account, cTrader raw spread account, the raw spread account, and the Islamic account.

IC Markets offers excellent trading conditions. The broker allows high-risk strategies such as hedging and scalping. IC Markets also allows traders to use Expert Advisors (EAs). We have chosen IC Markets as the best Zulutrade best forex broker with trading signals as through ZuluTrade the broker allows traders to receive and share trading signals and also follow strategies from experts. By using its Zulu Trader, clients will have the opportunity to check the potential gains and losses, as well as their strategies and performance. 

List of Forex Brokers providing Trading Signals

Here is a list of forex brokers with trading signals that we have tested and reviewed.

Forex BrokerTest detailsBroker Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades		FxPro Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades		Admiral Markets Review
BlackBull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades		BlackBull Markets Review
GO MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades		Go Markets Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades		Tickmill Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades		XTB Review
RoboMarkets (RoboForex)Deposit Amount: Over €5,000
Total Trade: 12 trades		RoboMarkets (RoboForex) Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades		Pepperstone Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades		FBS Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades		IC Markets Review
ThinkMarketsMT4, MT5, ThinkTraderThinkMarkets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades		FP Markets Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades		Amana Capital Review
CMC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades		CMC Markets Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades		Vantage FX Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades		INFINOX Review
Axi (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades		Axi (AxiTrader) Review

FAQ and More on Forex Signals

When it comes to forex brokers with trading signals, there are many questions that traders may have. In an attempt to be helpful, we picked and answered some of the most important queries related to forex brokers with trading signals.

Binary Options Trading Signals Brokers

Binary options are a popular instrument for Offshore brokers, that may also provide trading signals too attract clients. However, Binary Options are restricted by all major regulations worldwide due to the high risks involved, also Binary Options type of trading predicts the direction of the price within a determined timeframe, so the signals might not be the best use due too the nature or instrument itself since time is never a point for technical analysis.

As to the available brokers, there is only one Broker, Nadex, that offers Binary Options on a legal basis. Other brokers offering Binary Options are offshore brokers, and trading with them is not recommended.

Best Forex Scalping Signals

Scalping is a form of trading that takes place when traders open and close positions in markets very quickly, so trading signals are a great use for scalpers, mainly using combination of technical analysis tools to determine entering the position.

Based on our tests we advise you the following forex brokers with trading signals suitable for scalping:

  • AvaTrade
  • FxPro
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Canada Best No Deposit Bonus Forex 2025

For this list, we have searched and tested several forex brokers that offer no deposit bonus forex Canada.

For our tests we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Moreover, to get the actual picture we placed real trades in each popular market.

Furthermore, we reached out to customer support to see their dedication and ability to solve possible issues.

We handpick the best brokers no deposit bonus forex Canada based on our trading data and experience.

Is Forex Bonus available in Canada?

A no-deposit bonus is a type of forex promotion that rewards traders for opening new live trading accounts. The offer usually comes in the form of free money or free trading credits, which can be used to trade on the broker’s platform. 

Forex bonuses can be a great way to get started in the foreign exchange market without any obligations. Some bonuses require the traders to deposit money in their accounts, other types do not require initial deposits. 

  • Many brokers offer no-deposit bonuses as an incentive to attract new customers.
  • However, it is important to read the terms and conditions carefully before accepting a no-deposit bonus, as there may be restrictions on how the bonus can be used or limitations on withdrawal conditions.
  • Important to mention that some major regulators like FCA, ASIC, and others do not allow brokers to offer bonuses.

As to no deposit bonus forex Canada, some brokers have offices in the country, although Canadians are also able to open accounts with various international brokers who may offer trading bonuses. Anyway, we never recommend signing with offshore brokers that offer alluring opportunities of bonuses to avoid possible risks. 

No deposit bonus forex Canada brokers have specific conditions of depositing the bonus to the traders. This is due to the regulation restrictions. What concerns no deposit bonus Canada, there are still regulated brokers in the country with beneficial offerings.

Firstly, forex traders in Canada need to make sure that their broker is licensed with the IIROC before they open an account. See IIROC’s official website www.iiroc.ca. Or check relevant regulation based on the State, since Brokers must follow different guidelines to operate with valid licenses in this market. Read more about Canada Brokers here.

Best Forex Broker With No Deposit Bonus Canada

For this review, we have searched for the best no-deposit bonuses available from Canadian brokerages. With so many different forex brokers it can be difficult to decide which one is best for your needs. Trying to be helpful, we have opened live accounts and deposited real money with each broker to see their conditions, offerings, advantages, and disadvantages.

Based on our tests and research, we have come up with the following no deposit bonus forex Canada brokers:

  • CMC Markets
  • RoboForex
  • Forex.com

Best Overall No Deposit Bonus Broker in Canada

We have picked CMC Markets as the best overall broker with no deposit bonus forex Canada.

CMC Markets, founded in 1989 is a UK forex broker. It offers financial trading services with CFDs and spread betting. CMC Markets holds licenses in the United Kingdom, Germany, Australia, Singapore, New Zealand, Canada, and the United Arab Emirates. It offers trading with the following instruments: forex, indices, stocks, commodities, and cryptocurrencies.

CMC Markets trading fees for forex, indices, cryptocurrencies and commodities are built into spreads. According to our tests for forex and commodities, the broker’s spreads are below the average.  

Both deposits and withdrawals on CMC Markets are easy and fast. Deposits are possible through bank transfers, credit and debit cards, and PayPal. With CMC Markets traders can choose between two platforms: MT4 and Next Generation platform (Proprietary platform).

The broker offers a quality education section. It includes text-based tutorials, video tutorials on trading, explainer videos for tools, webinars, Demo accounts.

Best Broker with Bonus for Beginners Canada

We have picked RoboForex as the best no deposit bonus forex Canada broker for beginners.

RoboMarkets or known also as  RoboForex is a forex and CFDs broker, headquartered in Cyprus. The broker is regulated in Cyprus, Belarus, and Belize. RoboForex offerings include forex, stocks, indices, and commodities.

Generally, the broker’s fees are built into spreads. However, for its higher-tier accounts commission is also charged. Based on our tests, the spreads are either industry average level or slightly lower. Clients have an opportunity to choose one of the three available trading platforms: R Trader (proprietary platform), MT4, MT5.

We have chosen RoboForex as the best no deposit bonus Canada broker for beginners, as it offers a great education section with an abundance of helpful materials. RoboMarkets offers decent educational resources. The section includes detailed courses on forex trading, video guides, webinars, and a Demo account. 

Best MT4 Deposit Bonus Forex Broker

We have picked Forex.com as the best MT4 deposit bonus forex broker Canada.

Forex.com was founded in 1999 in the US. Forex.com is a trustable broker regulated by FCA, IIROC, ASIC, CFTC. The broker offers a number of tradable instruments: Currency pairs, Bitcoin and Ethereum, indices, shares, and commodities. Forex.com offers three account types: Standard Account, Commission Account, Direct Market Access Account.

Forex.com offers three trading platform options to its clients. One of them is its proprietary platform. However, traders, who prefer popular industry platforms MT4 and MT5 can still choose one of those.  What is more, we have picked Forex.com as the best MT4 no deposit forex broker Canada, as the broker’s MT4 platform includes all the necessary tools and features for favorable trades.

No Deposit Canada Bonus Forex Brokers List

In an attempt to be helpful, we have made a complete list of brokers that offer no deposit bonus forex Canada to traders:

Canada Forex BrokerIIROC RegulatedOur Review
CMC MarketsYesCMC Markets Review
Fortrade YesFortrade Review
RoboForexNoRoboForex Review
Interactive BrokersYesInteractive Brokers website
Forex.comYesForex.com website
OANDAYesOANDA website

FAQ and More on Forex Trading Bonus in Canada

Traders usually have many questions related to essential trading-related queries. To be helpful, we tried to pick and answer some of the most important queries related to no deposit bonus forex Canada brokers. Also, read more about no deposit bonus forex 2022 India.

Forex No Deposit Bonus Without Verification

Is it possible to get a Forex no deposit bonus without verifying your account? This is a question that many traders have. Generally, only bonuses on Demo accounts do not require verification. As to live accounts, for bonuses that traders will be able to withdraw based on trading progress, verification is a must.

Canadian Welcome Bonus Forex $50

Our tests revealed that there are still brokers that offer welcome bonuses. According to our tests, Forex.com provides a welcome bonus to traders. However, the bonus is not exactly $50. It can vary according to the deposit amount. The clients get a 20% bonus of the amount they fund into their accounts.

Canada No Deposit Bonus Forex $100

We have tested many brokers and found that no forex broker in Canada offers a no deposit bonus as high as $100. There are brokers, however, that offer bonuses based on the deposits of the traders. Some of them, for instance, RoboForex, offer even up to 120% bonuses for the first and the following deposits.

However, there are many factors that may determine the bonus amount. For more details, traders can go through the broker’s offers and conditions.

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Broker Categories

Best Forex Brokers Zambia 2025

For this list, we have searched and tested several forex brokers Zambia.

To be able to select the best brokers with the best offerings, we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Then we placed real trades in each popular market.

We also contacted the customer support team to find out whether they are able to solve the problems that customers face during their trades.

We handpicked the best forex brokers Zambia based on our trading data and experience as a trader.

Is Forex Trading Legal in Zambia?

The Republic of Zambia is a country that sits at the crossroads between Central, Southern and East Africa. The Zambian economy has long been based on the mining of copper, but lately the government is pursuing an economic diversification program to reduce the country’s reliance upon this industry.

Overall, Forex is available and legal in Zambia, however traders should find a reliable broker to trade with, since not many are based or available in Zambia.

The Zambia Securities and Exchange Commission (SEC), together with The Bank of Zambia oversee the financial sector of the country. The main role of the SEC is to supervise and develop the Zambian Capital Markets, also, to license, register and authorize financial intermediaries, issue debt and equity instruments and collective investment schemes.

The role of The Bank of Zambia is tasked with formulating and implementing monetary policy that ensures price stability. In other words, it makes sure there are no wild fluctuations in currency values or increases/decreases against other currencies around their country’s borders.

The Bank of Zambia’s website is www.boz.zm.

🏦Zambia RegulatorThe Bank of Zambia
📊Max. LeverageNo Max. Leverage
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo Negative Balance Protection
💰Compensation SchemeNo Compensation Scheme

Best Forex Brokers in Zambia

The process of finding a reliable forex broker in Zambia can be difficult and time-consuming. Even though there are only a few international brokers available, it is important to avoid trading with offshore brokers because of the high risks. Before signing up with a broker, confirm that the broker is strictly regulated and trustworthy.

It is important to be safe when trading internationally. We recommend to sign up only with reputable brokers that offer protection of your money. When choosing a forex broker Zambia, make sure that the broker provides excellent customer support, with assistance in a language spoken in the region.

We have tried to help Zambian clients in picking a reliable broker. For this purpose, we tested and reviewed forex brokers, by opening accounts with them and checking their offerings.

Based on our research, we have come up with the following forex brokers Zambia:

  • HYCM
  • IC Markets
  • XM
  • AxiTrader

Best Forex Broker in Zambia Overall

We have picked HYCM as the best overall forex broker Zambia.

Founded in 1997 HYCM is a global Forex and CFD broker that holds licenses in the United Kingdom, Cyprus, the Cayman Islands, the UAE, Saint Vincent, and the Grenadines. Among HYCM’s tradable instruments are forex, metals, energy products, commodities, indices and stocks.

HYCM stands out for its low fees for all the instruments. Trading with HYCM clients can choose between three account types: Fixed, Classic, and Raw Spread accounts. For its Islamic clients, the broker offers swap-free Islamic Accounts.

Those clients who prefer the MT4 platform will be satisfied, as all the essential instruments and features are included in this particular platform. Traders can trade via the broker’s website or via mobile and desktop. HYCM’s educational section is also great with in-depth articles on many trading topics to help traders improve their trading results.

Best Forex Trading Platform for Beginners Zambia

We have chosen XM as the best forex broker Zambia for beginners.

XM is a Forex and CFDs broker that offers traders favorable conditions for trading. The company holds licenses in Australia, the United Kingdom, Cyprus, UAE, Belize. XM offers a variety of tradable instruments: forex pairs, indices, stocks, and commodities.

There are five different types of accounts available, including Micro and Ultra-low ones. Before choosing an account type, it is better to see which one best suits your needs.

There are many benefits of trading with XM, including a great education program. They offer Tradepedia videos that provide high-quality and prompt instructions for beginners all over the world. Plus you can join their weekly webinars available in different languages.

Best Forex Trading Platform for Zambian Traders

We have picked FP Markets as the best forex trading platform Zambia.

FP Markets or First Prudential Market was founded in 2005 and is headquartered in Australia. This broker offers a range of instruments with forex, stocks, indices, commodities, and cryptocurrencies. FP Markets is regulated in the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines.

FP Markets’ offerings of accounts are based on the trading platforms. The charged spreads mostly depend on the account types. Based on our tests FP Markets standard account spreads for forex and indices are lower than the industry average. On the other hand, spreads on stocks, commodities, and cryptocurrencies, are on the average benchmark.

We have chosen FP Markets as the best trading platform forex broker Zambia , as the broker offers three main platforms for the clients to choose from: MetaTrader 4,  MetaTrader 5, IRESS. They are all great and suitable for different trading purposes.

Lowest Spread Broker for Zambia

We have picked IC Markets as the best lowest spread forex broker Zambia.

IC Markets is an Australian Forex and CFDs broker founded in 2007. The broker is headquartered in Sydney, Australia. It holds licenses in Australia, Cyprus, Seychelles, and The Bahamas. Among the broker’s tradable instruments are Forex pairs, indices, stocks, commodities, and cryptocurrencies.

As to IC Markets account types, clients have an option to choose from four types: the standard account, cTrader raw spread account, the raw spread account, and the Islamic account. IC Markets charges low fees for most of the instruments. The fees charged for trading Forex pairs, indices, commodities, and cryptocurrencies were much lower than industry averages.

For most of the account types, there are very low spreads and there is no commission. Only the Raw Spread Account charges a commission.

Zambian Forex Brokers List

Actually, it is very important to be careful while picking a forex broker Zambia. Due to regulatory restrictions, not all the recommended forex brokers accept clients from Zambia. Here is a list of the brokers we were able to come up with based on our tests.

Forex BrokerTest DetailsBroker Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
Trading 212Deposit Amount: Over €5,000
Total Trade: 15 trades		Trading 212 Review
FBS Deposit Amount: Over €5,000
Total Trade: 12 trades		FBS Review
FP Markets Deposit Amount: Over €6,000
Total Trade: 12 trades		FP Markets Review
IC Markets Deposit Amount: Over €5,000
Total Trade: 12 trades		IC Markets Review
AxiTraderDeposit Amount: Over €6,000
Total Trade: 12 trades		AxiTrader Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
HYCM HYCM Website
OANDAOANDA Website

FAQ and More on Forex Trading in Zambia

When it comes to forex brokers Zambia there are many essential questions that may interest the traders. In an attempt to be helpful, we picked and answered some of the most important queries related to forex brokers Zambia.

How to Verify Forex Zambia Regulated Broker?

In Zambia, the financial sector is regulated by The Bank of Zambia and The Zambia Securities and Exchange Commission (SEC).

Trading forex in Zambia can be a quite beneficial experience, however, the traders are advised to choose the broker very carefully. It is important to choose only strictly regulated brokers. Though there are many offshore brokers with seemingly beneficial offerings, trading with them can be very risky.

The Bank of Zambia - official website

While choosing a forex broker Zambia, check its website for its availability in the country. Besides, it is also crucial to check the broker’s customer support. It would be a huge advantage if the broker offers support in the language spoken in your country.

No Deposit Bonus Forex Brokers in Zambia

A no deposit bonus is a great way for beginners to get started in the world of Forex trading. These bonuses allow you to test out the waters without risking your own money.

Here are the best no deposit bonus forex brokers in Zambia.

  • XM
  • FBS

Forex Brokers with $1 Minimum Deposit

With Trading 212 you can open an account with $1. However, remember to always check margins for the instrument you are going to trade. Mostly, $1 may simply be not enough to enter into the trade.

Forex Trading Schools in Zambia

Are you interested in learning about forex trading? If so, you may be wondering if there are any forex trading schools in Zambia.  

Actually, Zambian clients have access to a Forex Trading School Zambia. The school’s classes are aimed at helping traders gain financial freedom and learn to trade like a pro. For more information, you can visit their Facebook page.

However, all the reputed brokers offer free education. You can find a lot of useful material for beginner traders to start with their trades easily. Perhaps, this is a better and safer option for starters.

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Broker Categories

Best Forex Brokers Cambodia 2025

For this list, we have searched and tested several forex brokers Cambodia.

We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers, to be able to select the best brokers Cambodia that had the best offerings and were the most reliable for forex trading. Afterwards, we placed real trades in each popular market.

We also tested the work of the customer support team. It was essential to find out whether they are able to solve the problems that customers face.

We handpicked the best forex brokers Cambodia based on our trading data and experience as a trader.

Is Forex Trading Legal in Cambodia?

Cambodia is a country in Southeast Asia that was designated by the United Nations as being “least developed”. The majority of rural households depend on agriculture for their livelihoods, with rice being one such export product.

As to forex trading in the country, forex brokers Cambodia are authorized and regulated by the Securities and Exchange Commission of Cambodia (SECC), read more on Wikipedia. SECC is an organization that regulates the securities industry in order to contribute towards socio-economic development through capital formation.

Check SECC website www.serc.gov.kh.

The SECC promotes the efficient regulation and orderly development of securities markets. It encourages people to save money by buying stocks, bonds or other financial instruments.

For years, Cambodia’s financial sector has been tightly controlled by the government. But in 2016 they began taking steps to make forex trading more accessible and safer for everyday trades. Forex traders in Cambodia have to open an account with a forex broker and place their trades through the online platform.

🏦Cambodia RegulatorSecurities and Exchange Commission of Cambodia (SECC) 
📊Max. LeverageNo Max. Leverage
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo Negative Balance Protection
💰Compensation SchemeNo Compensation Scheme

Best Forex Brokers in Cambodia

There are international brokers that accept Traders from Cambodia. Trading internationally can be a risky business, so we recommend signing up with only the best and most trustworthy firms. It is important to make sure your money stays safe while trading in other countries. Actually, finding a reliable forex broker Cambodia is not an easy task.

There are not many international brokers available in Cambodia, still we recommend not to trade with offshore brokers as it involves high risks. It is important for traders to do research on the brokers in their jurisdiction. Most offshore and unregulated firms may target inexperienced or unsophisticated clients who have difficulty in finding good brokers. In an attempt to be helpful, we have tested and reviewed a number of forex brokers Cambodia, opened real accounts with them and found data on their offerings.

Here are our top picks for forex brokers Cambodia:

  • HYCM
  • FBS
  • XM
  • Interactive Brokers

Best Forex Company in Cambodia Overall

We have picked HYCM as the best overall forex broker Cambodia.

Interactive Brokers was founded in 1977, Greenwich, USA.  It is a well-regulated broker and holds a number of licenses: FCA, ESMA, CySEC, DFSA, and CIMA.

HYCM offers an abundance of tradable instruments: forex, metals, energy products, commodities, indices and stocks. Moreover, Interactive Brokers has a range of accounts to meet each client’s needs: Fixed, Classic, and Raw.  

We have picked HYCM as the best overall forex broker Cambodia as its trading conditions and features are favorable for trading and meet clients needs and expectations. The broker offers excellent customer support to its clients. Its educational section is also great. With the broker you have access to trading tools, investment products, courses, videos, webinars, etc.

Best Forex Trading Platforms for Beginners Cambodia

We have picked XM as the best forex broker Cambodia for beginners.

XM is a global Forex and CFD broker. The broker was founded in 2009. It is licensed in Australia, the United Kingdom, Cyprus, the UAE and Belize. Among its tradable instruments are Forex, indices, stocks and commodities markets. 

With XM traders can choose from an abundance of account types: the XM Micro Account, Standard, XM Zero, XM Ultra-low and Shares accounts, also, Islamic Forex Accounts. XM allows to deposit and withdraw funds using bank wires, credit and debit cards, Western Union, and e-wallets, such as Skrill and Neteller.

We have chosen XM as the best forex broker Cambodia for beginners as it offers great education materials, such as a Tradepedia video course. The videos are of high quality, the instructions are prompt and clear. Also, traders can join XM’s webinars held on a weekly basis  in different languages for brokers from around the globe.

Best Apps for Forex Trading in Cambodia

We have tested and reviewed some of the best forex trading apps that allow Cambodian clients access the market. To be successful in forex trading, it is essential to use a good app that will provide you with all the important tools and resources.

For the purpose of making your trading experience easier and more beneficial, we have chosen the best apps for forex trading Cambodia:

  • HYCM
  • Interactive Brokers
  • XM

Lowest Spread Broker for Cambodia

We have picked FBS as the best lowest spread forex broker Cambodia.

FBS is a forex and CFDs broker founded in 2009 based in Belize and Cyprus. The broker holds regulations in Belize, Cyprus, and Australia. It offers trading instruments such as forex, indices, commodities, and stocks, and cryptocurrency CFDs.

Commonly, FBS fees are built into spreads. We have picked FBS as the lowest spread forex broker Cambodia because of its considerably low spreads. Its spreads on forex, indices, and stocks CFDs are lower than the industry average. 

For trading platforms FBS offers several options: MetaTrader 4, MetaTrader 5, FBS Trader for mobile. Its MT4 and MT5 trading platforms are good, with all the necessary tools and features.

Cambodia Top Forex Brokers List

Actually, as we have discovered from our tests, most of the recommended forex brokers do not accept clients from Cambodia. However, we have come up with several trustworthy forex brokers Cambodia. Here is the limited list of the forex brokers Cambodia that are available in the country.

Forex BrokerTest DetailsBroker Review
RoboMarketsDeposit Amount: Over €5,000
Total Trade: 12 trades		RoboMarkets Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades		FBS Review
Hot ForexHot Forex Website
Interactive BrokersInteractive Brokers Review
HYCMHYCM Website
AlpariAlpari Website

FAQ and More on Forex Trading in Cambodia

There are many essential questions when it comes to forex brokers Cambodia. With an attempt to be helpful, we picked and answered some of the most important queries related to forex brokers Cambodia.

How to Verify Forex Cambodia Regulated Broker?

As has already been mentioned, forex brokers in Cambodia are overseen by the Securities and Exchange Commission of Cambodia (SECC). When looking for a reputable Cambodia regulated broker, there are a few things you can do to verify their legitimacy. With the right research, you can find a reliable and trustworthy broker that will suit your trading needs.

While choosing a broker, it is important to make sure that the broker is properly regulated and is not an offshore broker. As a matter of fact, only the minority of recommended brokers do not accept Cambodia brokers due to regulations. For conformation, it is advisable to check in the broker’s website to see whether it is available for your country.

Cambodia - SECC website
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Best Western Union Forex Brokers 2025

For this list, we have searched and tested several western union forex brokers.

To select the best western union forex brokers we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We then placed real trades in each popular market so as to get the actual picture.

Then we tested the dedication and competency of the customer support team. We contacted them to find out how they solved the issues that clients encountered.

We handpicked the best western union forex brokers based on our trading data and experience as a trader.

Can you Use Western Union Broker Deposit

Western Union is an international money transfer service that allows users to send funds anywhere in the world, with speeds measured by minutes.

Western Union has been around since the 19th century, and they provide safe transaction environments through their operations. Western Union is a popular way to send money across borders. However, most Forex brokers do not offer this service. 

Western Union offers many different ways for customers to send money. Customers have several options for sending money including using the phone or online website with various fees depending on how quickly it is delivered and what form of payment method they choose to use. For more information visit Western Union’s website – www.westernunion.com.

Paying Forex Broker via Western Union

There are many different trustworthy forex brokers with different offerings and advantages, anyway, not all of them offer the same services. Just like this, there are only a few forex brokers that use Western Union as a payment method. This means, traders should be careful and conduct their own research before starting with any of the brokers, if they have particular needs and expectations. 

Once again, clients should check first if the broker is a Western Union forex broker before starting. Due to local regulations and jurisdictional rules this payment method may be restricted.

Forex Brokers that Accept Western Union

In fact, there are not so many Western Union forex brokers. This is due to certain restrictions and regulations. To be helpful, we have tested many forex brokers, to see if they support Western Union payments.

Based on the collected data, we have picked several Western Union forex brokers:

  • Go Markets
  • XM
  • FBS
  • BD Swiss
  • BlackBull Markets

Best Overall Forex Broker Western Union

We have chosen XM as the best overall Western Union forex broker.

XM is a global Forex and CFD broker founded in 2009. The broker holds licenses in Australia, the United Kingdom, Cyprus, the UAE and Belize. XM offers multiple tradable instruments: Forex, indices, stocks and commodities markets. Trading conditions with XM are excellent. Traders are allowed to use high-risk strategies such as hedging and scalping. 

There is an abundance of XM account types: the XM Micro Account, Standard, XM Zero, XM Ultra-low and Shares accounts, as well as Islamic Forex Accounts. The deposits and withdrawals with XM are free and fast. Traders are allowed to fund and withdraw from their accounts using bank wires, credit and debit cards, Western Union, and e-wallets, such as Skrill and Neteller.

We have chosen XM as the best overall forex Western Union broker as its offerings are favorable. It also offers great education materials, such as a Tradepedia video course. The videos are of high quality and prompt instructions. Also, traders can join XM’s webinars held on a weekly basis  in different languages which makes them available for brokers around the globe. 

Switzerland Forex Broker that Accept Western Union

We have picked BD Swiss as the best Western Union forex broker in Switzerland.

BD Swiss is a Switzerland based broker founded in 2012. The broker is strictly regulated: CySEC, FSC, FSA. BD Swiss offers three main account types: Classic, Vip and Raw. BDSwiss also does offer a Forex or CFD “Demo Account” and gives new traders the opportunity to put their skills to the test without risking real money. 

BD Swiss trading fees are based on spreads. The broker provides access to a great number of instruments: Indices, Forex, Commodities and Cryptocurrencies based on CFDs. The broker offers a wide range of payment options: credit cards, bank transfers, Western Union, Skrill and others.

We have chosen BD Swiss as the best Western Union forex broker in Switzerland as it offers excellent trading conditions. Besides, there are not so many Western Union forex brokers in Switzerland.

Best MT4 Forex Brokers with Western Union

We have picked FBS as the best MT4 Western Union forex broker.

FBS, founded in 2009,  is a forex and CFDs broker with offices in Belize and Cyprus. The broker is regulated in Belize, Cyprus, and Australia. The broker offers trading instruments with forex, indices, commodities, and stocks, and cryptocurrency CFDs.

We have picked FBS as the best Western Union forex broker MT4, as it offers trading on MT4 and MT5 platforms and FBS Trader (available only on mobile). The broker offers an abundance of useful tools and features for market research and analysis. 

List of Forex Brokers that Accept Western Union

Here is a list of Western Union forex brokers that we have tested and reviewed.

Forex BrokerTest DetailsBroker Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades 		FBS Review
BlackBull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades		BlackBull Markets Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
Markets.comDeposit Amount: Over €4,000
Total Trade: 12 trades		Markets.com Review
GO MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades		GO Markets Review
BD SwissBD Swiss website

FAQ and More on Forex Brokers with Western Union

When it comes to Western Union forex brokers, there are many questions that traders may have. In an attempt to be helpful, we picked and answered some of the most important queries related to Western Union forex brokers.

Paying Forex Broker Fee via Western Union Online

Actually, traders cannot pay forex broker fee via Western Union online services. Before starting to trade, clients first need to deposit money to the trading account. This deposited money will later be used for trading purposes and broker fees.

Can You Pay Broker Fees for Binary Trade via Western Union

Binary options involve speculation on the price of an underlying asset. Binary options are a way to make money without putting in any work. All traders need to do is predict whether or not the price of an asset will go up. However, binary options are highly risky instruments forbidden by all major and reputable regulations worldwide.

There is only one Broker offering Binary Options legally in the US, which is Nadex. Read also our article on Binary Options.  

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Best Indices Trading Brokers 2025

For this list, we have searched and tested several indices trading brokers.

In order to choose the best indices trading brokers we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Moreover, we placed real trades in each popular market so as to get the actual picture.

Then we reached out to the customer support team to test their work and ability to help in case traders face issues.

We handpicked the best indices trading brokers based on our trading data and experience.

What are Indices in Forex Trading?

Indices trading is a strategy which allows investors to trade stocks in groups. Indices are used to measure the performance of a particular asset or stock exchange. They are designed as broad indicators that cannot be broken down into individual stocks because they take into account every single price change for every single selected asset in a given time period.

Indices or Indexes are popular tools for investors because they provide a simple way to measure how your investments have performed. In fact, indices trading is the best way to benefit from market movements without being exposed to too much risk. By diversifying your investments in different sectors and companies you can reduce volatility. 

Though indices show the general overview of a particular market, it is important for investors to evaluate their individual portfolios so that underperforming assets can be identified and adjusted accordingly.

At present among the most popular indices that are traded heavily are the following: S&P 500, FTSE 100, NASDAQ 100, DAX, CAC 40 and DJIA.

At last, the indices prices are constantly in motion due to the many different factors that affect them. These movements can be impacted by events like political turmoil or economic prosperity, as well changes within financial markets.

Best Broker for Trading Indices

Majority of Forex Brokers offer Indices on a CFD basis. CFD indices provide an easy way to trade the overall stock market without having any risk involved. CFD indices allow you to make trades based on your views about specific companies or countries’ economies, as well as making predictions for future performances. 

The choice of a good broker in indices trading is essential. A good broker will offer low fees, fair spreads, quick transfer of funds from anywhere, also, good customer support. 

Based on our tests and experience, we were able to come up with several best indices trading brokers:

  • Interactive Brokers
  • IG
  • Trading 212
  • OANDA

Overall Best Platform for Trading Indices

We have chosen Interactive Brokers as the best overall platform for trading indices.

We have found that the best indices trading broker is Interactive Brokers. The broker offers some of the most competitive fees in the market and has been around since 1977. It is a well-regulated broker and holds a number of licenses: US SEC & CFTC, ASIC, FCA.

Interactive Brokers enables trades with multiple markets: Stocks, Futures, Forex, CFDs, Warrants, Combinations, Bonds, Mutual Funds, Structured Products, Physical Metals, Inter-Commodity Spreads. The broker also provides STP Indices Trading and Stock Indices Trading.

Interactive Brokers offers different types of customer support to benefit both traders and investors. With the broker you have an access to trading tools, investment products, courses, videos, webinars, etc.

Best Trading Conditions in Indices Broker

We have selected IG as the best trading conditions in indices Broker:

IG is a strictly-regulated broker with a number of licenses: FCA, ASIC, CFTC, DFSA, etc. IG offers various  instruments across all the markets: currency pairs, commodities, indices, stocks, financial spread betting. The broker offers considerably low costs across all the markets. The best conditions of the broker involve a range of instruments, low fees, and excellent tools on platforms.

In fact, IG has a selection of trading platforms, so the clients have an option to choose the one that best suits their trading needs.  We have picked IG as the best trading conditions indices broker due to its great offerings. 

IG also provides an excellent education section. Traders have access to tutorial videos and webinars. Besides, the broker offers a Demo account, which is a great opportunity, especially for newbie traders.

Best MT4 Broker for Trading Indices

We have selected Trading 212 as the best mt4 indices trading broker.

Trading 212 is a global Forex and CFD broker, founded in 2004. The broker is headquartered in London and is regulated by FCA and FSC. Among the tradable instruments of Trading 212 are Indices, Forex, Commodities, Stocks, Cryptocurrencies. 

Trading 212 offers both its own proprietary platform and the popular MT4  and  MT5 platforms. The broker’s MT4 platform includes all the necessary tools and conditions for trading indices on mt4. 

Best Indices Trading Brokers for Beginners

We have chosen OANDA as the best indices trading broker for beginners.

OANDA was founded in the US in 1996. The broker is heavily regulated by CFTC, NFA, FCA, MAS, ASIC, IIROC. OANDA offers only one standard type of trading account. Yet, the clients that deposit a minimum $50K, become a Premium client. This enables them to get tighter spreads and better offerings. OANDA offers a wide range of instruments in Forex and CFD trading, currency pairs, indices, commodities, bonds and metals, futures trading, commodities futures. 

OANDA has its proprietary platform Oanda Trade. Yet, for those clients who prefer MetaTrader 4, OANDA gives them the opportunity to perform their trades through the MT4 platform.

We have picked OANDA as the best indices trading broker for beginners as it has a wide range of educational materials and webinars for traders at different levels. 

Best Indices Trading Platform List

Here is a list of the indices trading brokers list that we have tested and reviewed.

Forex BrokerTest DetailsBroker Review
Trading 212Deposit Amount: Over €5,000
Total Trade: 15 trades		Trading 212 Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades		Plus500 Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades		Capital.com Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades		IC Markets Review
AvaTradeDeposit Amount: Over €4,000
Total Trade: 12 trades		AvaTrade Review
PepperstoneDeposit Amount: Over €4,500
Total Trade: 12 trades		Pepperstone Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades		XM Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades		XTB Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades		eToro Review
Interactive BrokersInteractive Brokers website
OANDAOANDA website
IGIG website
TradeStationTradeStation website

FAQ and More on Indices Trading

Traders usually have many questions related to generic trading-related queries. To be helpful, we picked and answered some of the most essential queries related to the indices trading.

Best Indices for Gap Trading

What are gaps? They are spaces on a chart between last and recent price, known as gaps between the prices. These gaps occur unexpectedly, often on a market opening, due to news, rapid change between demand and offering of the instruments, also on daily or monthly rollover. 

There are many different indices that traders can use to identify potential gaps. On stock market indices, such as S&P 500 or FTSE 100, commonly occur due to overnight changes that affect the entire stock. Commonly, DJIA and S&P 500 indices are the most favorable and help traders to make money by trading gaps in the market.

Best Day Trading Indices

Forex day trading is a form of speculating on currency prices. Day traders have a lot of strategies to use. One of them includes buying an instrument, then selling it back at a higher price, which could last anywhere from seconds up until hours.

Generally, the best way to make money as a trader is by investing in ETFs. These exchange-traded funds are based on common indices, like S&P 500 or commodities such as gold which can be traded immediately. 

We have chosen the following brokers that are the most suitable for day trading indices:

  • Interactive Brokers
  • OANDA
  • TradeStation

Best Indices for Swing trading

Swing trading is a strategy that many traders use to increase their gains. Swing trading involves holding a position in a stock or other security for a period of time, generally no longer than one day, in order to take advantage of price swings. The goal of swing trading is to capture a profit from potential price moves.
For beginners, swing trading can be a great way to get started in the market. However, it is important to do your research and understand the risks involved before you start swing trading indices.

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Best Forex Brokers Cameroon 2025

For this list, we have searched and tested several forex brokers Cameroon.

To be able to select the best brokers with the best offerings, we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Then we placed real trades in each popular market.

Afterwards, we reached out to the customer support team to find out whether they are able to solve the problems that customers normally face.

We handpicked the best forex brokers Cameroon based on our trading data and experience as a trader.

Is Forex Trading in Cameroon available?

The diversified economy of Cameroon features oil and gas as well as other products such timber or aluminum. Despite the recent fall in global prices for these resources they still account to nearly 40% of all exports from the country.

Cameroon has strict regulations on its national currency. The Central African Economic and Monetary Community or CEMAC, along with their oversight from the Bank of Central States (BEAC), fight money laundering which causes dire shortages in this region’s currencies.

The Bank of Central State’s website is www.beac.int.

Although the country has strict control on its currency, traders can still engage in forex trading with international brokers that accept clients from across all of Africa.

🏦Cameroon RegulatorBank of Central African (BEAC)
📊Max. LeverageNo Max. Leverage
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo Negative Balance Protection
💰Compensation SchemeNo Compensation Scheme

Best Forex Brokers in Cameroon

Finding a reliable forex broker Cameroon is not an easy task. Even though there are not many international brokers available, we recommend not to trade with offshore brokers due to the high risks involved.

Since most offshore and unregulated firms may target traders who do not have much information and good brokers in their jurisdictions, traders should check the broker before signing in.

There are several international brokers that accept traders from Cameroon. We recommend signing only with reliable firms as money safety in trading goes first. Also, it is essential and advisable to pay attention to the broker’s customer support, whether they provide assistance in the relevant languages.

To help you decide which broker is right for your needs, we have researched and tested many brokers. We opened real accounts with them to see what offerings they have.

Here are our top picks for forex brokers Cameroon:

  • HYCM – Best Broker for Cameroon Overall
  • FXTM – Best Forex Broker for Beginners in Cameroon
  • FBS – Best Forex Trading Platform Broker Cameroon
  • Trading 212 – Low Spread Best Forex Broker Cameroon

Best Broker for Cameroon Overall

We have picked HYCM as the best overall forex broker Cameroon.

HYCM is headquartered in the UK. It was founded in 1977. The broker is heavily regulated by FCA, ESMA, CySEC, DFSA, CIMA.

HYCM offers a great number of tradable instruments: forex, metals, energy products, commodities, indices and stocks. There are three main account types: Fixed, Classic and Raw Spread Accounts. HYCM fees vary according to the account type. 

According to our trades, HYCM conditions and offerings are excellent. HYCM spreads also depend on the account type: it uses either fixed spreads or, for Classic account types,  it offers floating spreads. The broker’s MT4 platform is very good, with the best tools and features. Besides, HYCM also offers the MT5 platform, so that the traders always have a choice.

Best Forex Broker for Beginners in Cameroon

We have picked FXTM as the best forex broker Cameroon for beginners.

Founded in 2001, FXTM is headquartered in Cyprus. The broker is strictly regulated in several jurisdictions: the United Kingdom, Cyprus, South Africa, and Mauritius.

FXTM offers a great number of tradable instruments:  forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and also real stocks. The broker has several account types: Standard Account, Cent Account, and Stock CFDs Account. On standard and stock CFDs accounts spreads are slightly higher.

We have picked FXTM as the best forex trading platform for beginners as its education section is great. It offers seminars and workshops, eBooks/trading guides, webinars and forex industry glossary.

Best Forex Trading Platform Broker Cameroon

We have picked FBS as the best forex trading platform Cameroon.

FBS, founded in 2009, is a forex and CFDs broker with offices in Belize and Cyprus. The broker is regulated in Belize, Cyprus, and Australia. Its offerings include trading with forex, indices, commodities, and stocks, and cryptocurrency CFDs.

FBS fees are built into spreads. Its spreads are mostly lower than the industry average. As to the trading platforms, FBS offers several options: MetaTrader 4, MetaTrader 5, FBS Trader (mobile only). We have chosen FBS as the best trading platform for forex broker Cameroon because both its MT4 and MT5 trading platforms are good, with all the necessary tools and features. FBS also offers a forex trading demo account, which is a great asset, especially for beginner traders.

Low Spread Best Forex Broker Cameroon

We have picked Trading 212 as the best lowest spread forex broker Cameroon.

Trading 212 is a global Forex and CFD broker. It was founded in 2004. Being headquartered in London, it is regulated by FCA and FSC. Trading 212 offers a number of tradable instruments, such as Indices, Forex, Commodities, Stocks, Cryptocurrencies. 

We have picked Trading 212 as the best lowest spread forex broker Cameroon, as the broker offers stable low spreads.  The spreads for stock trades are generally much lower than the industry average.

Cameroon Forex Brokers List

Actually, most of the recommended forex brokers do not accept Cameroon clients. Traders should be very careful to choose a trustworthy forex broker Cameroon. Here is a short list of the brokers we were able to come up with based on our tests.

Forex BrokerTest DetailsBroker Review
RoboMarketsDeposit Amount: Over €5,000
Total Trade: 12 trades		RoboMarkets Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades		FXTM Review
Trading 212Deposit Amount: Over €5,000
Total Trade: 15 trades		Trading 212 Review
FBS Deposit Amount: Over €5,000
Total Trade: 12 trades		FBS Review
Interactive BrokersInteractive Brokers website
AlpariAlpari website
ExnessExness website
HYCM HYCM Website

FAQ and More on Forex Brokers Cameroon

There are many essential questions that may interest the traders, when it comes to forex brokers Cameroon. With an attempt to be helpful, we picked and answered some of the most important queries related to forex brokers Cameroon.

How to Verify Cameroon Regulated Brokers?

As has already been mentioned, the Central African Economic and Monetary Community and Bank of Central States oversee the financial transactions in Cameroon.

Those traders who want to trade forex in Cameroon, are advised to conduct a good research and find a reliable and trustworthy broker that will meet their needs.

Cameroon- Bank of Central States

Before starting the trades it is essential to confirm that the broker is not an offshore broker and is strictly regulated. To find whether the broker is available in Cameroon, the traders can first check the information in its website for availability in the country.

Best Forex Trading App accept Cameroon Traders

Without an app that provides all the necessary tools it would be difficult to succeed in forex trades. Fortunately, many brokers offer great forex trading apps and clients always have a choice. 

We have selected several trading apps for Cameroon clients:

  • FXTM
  • FBS
  • RoboMarkets

Forex Brokers that Accept Mobile Money in Cameroon

Mobile money is the future of international finance and it is only a matter of time before you start to see more companies embracing this payment method. Forex brokers are no exception. They have also started accepting mobile payments from customers. 

We have selected two forex brokers Cameroon that accept mobile money:

  • FXTM
  • Exness