To come up with this list, we have tested forex brokers Bangladesh.

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

Also, we contacted the customer support team to check if they were able to solve the problems we faced. at last, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Legal in Bangladesh?

Bangladesh is a country located in South Asia. Its population is over 163 million, thus making it the eighth most populated country in the world. Bangladesh neighbors India and Myanmar. It is separated from Nepal and Bhutan by the Siliguri corridor. The country’s official language is Bengali. The official currency is the Bangladesh Taka.

Bangladesh is considered one of the world’s rapidly developing middle-income countries. The country’s economy mainly depends on its natural gas. The textile industry is also one of the leading sectors in Bangladesh.

As to forex trading in Bangladesh, unlike the common concept that it is not legal, actually, forex trading is legal in the country. All the financial transactions are controlled by the Bangladesh Central Bank.

The official website of the Bangladesh Central Bank is

However, the sector is also regulated by the Bangladesh Securities and Exchange Commission. The body was founded in 1993 with the prospect of regulating the country’s capital market.

The official website of the Bangladesh Securities and Exchange Commission is

🏦RegulatorThe Bangladesh Securities and Exchange Commission
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo
💰Compensation SchemeNo
📊 Maximum Leverage1:30

Best Forex Brokers in Bangladesh

Finding forex brokers Bangladesh can be a bit difficult. There are brokers located in the country and fall under local regulation. However, some international brokers also offer their services in the country. We recommend signing with only reliable and regulated brokers, as money safety in forex trading goes first.

To choose a forex broker Bangladesh, we recommend traders pay attention to several essential aspects. First, traders should check the available payment methods offered by the broker. Also, customer support is another important aspect to consider. We encourage traders to check whether the customer team provides support in the language they prefer.

To select the best forex brokers Bangladesh, we have reviewed many regulated forex brokers. Based on our research, we have come up with a list of the best forex brokers from Bangladesh:

  • Admiral Markets – Best Forex Broker in Bangladesh Overall
  • IC Markets – Best Forex Broker for Beginners in Bangladesh
  • FxPro – Best Stock Broker in Bangladesh
  • FP Markets – Best Bangladesh Low Spread Forex Broker
  • Dukascopy – Best High Leverage Forex Broker for Bangladesh

Best Forex Broker in Bangladesh Overall

We picked Admiral Markets as the best online forex broker Bangladesh overall.

Founded in 2001 Admiral Markets is a global Forex and CFDs broker. It is based in Estonia and holds several licenses in Australia, the United Kingdom, Cyprus, and Estonia. Admiral Markets has also acquired licenses from Canada and South Africa in 2022. With Admiral Markets traders have access to thousands of instruments in the following categories: Forex pairs, indices, stocks, commodities, and cryptocurrencies.

Admiral Markets offers 5 account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5 accounts. Admiral Markets offers the popular MetaTrader 4 and MetaTrader 5 platforms. The broker offers great trading conditions, allowing traders to use Expert Advisors (EAs) for automated trading.

Admiral Markets has a great beginner course called Forex 101. The course consists of nine in-depth lessons designed to help new traders get acquainted with the Forex markets’ dynamics.

Best Forex Broker for Beginners in Bangladesh

We picked IC Markets as the best forex broker Bangladesh for beginners.

IC Markets, founded in 2007, is headquartered in Sydney, Australia. It is a Forex and CFD broker and holds licenses in several jurisdictions: Australia, Cyprus, Seychelles, and the Bahamas. The broker enables its clients to trade in the following markets: forex pairs, indices, stocks, commodities, and cryptocurrencies.

The broker offers 4 main account types: the standard account, cTrader raw spread account, the raw spread account, also, the Islamic account. The traders can choose to conduct their traders either on the popular MT4 or MT5 platforms. IC markets allows funding the accounts through multiple payment methods, including bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller.

We have chosen IC Markets as the best forex broker Bangladesh for beginners, as the broker has designed a great forex trading course for beginners that covers topics such as technical analysis and trading psychology. IC Markets also has various articles that are helpful both for beginner and professional clients.

Best Stock Broker in Bangladesh

We picked FxPro as the best Stock forex broker Bangladesh.

FxPro is based in the UK. It was founded in 2006. The broker offers CFDs across six asset classes: forex, shares, spot indices, futures, spot metals, and spot energies. FxPro is licensed and regulated in multiple countries, including the United Kingdom, Cyprus, South Africa, and The Bahamas.

FxPro offers multiple accounts based on the trading platforms: FxPro MT4 Instant, FxPro MT4, FxPro MT5, cTrader, FxPro (EDGE), MT4 fixed spread. FxPro has its proprietary platform – FxPro (EDGE), also, traders have access to the popular MT4 and MT5 platforms.

We have chosen FxPro as the best online stock forex broker Bangladesh. The broker’s spreads for stocks are considerably low as compared to the industry standards.

Best Bangladesh Low Spread Forex Broker

We picked FP Markets as the best low spread forex broker Bangladesh.

FP Markets is based in Australia, founded back in 2005. The broker is licensed in several jurisdictions: the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines. The broker enables access to multiple markets: forex, stocks, indices, commodities, and cryptocurrencies. The broker is better known for its forex ECN pricing.

The broker’s accounts are based on its trading platforms. Traders have access to the following trading platforms: MetaTrader 4, MetaTrader 5, and IRESS. FP Markets’ funding methods are quick and straightforward. Clients have a variety of options to choose from: credit and debit cards, bank transfers, and online wallets like BPay, Poli, PayPal, Neteller.

We have chosen FP Markets as the best low spread forex broker Bangladesh for its favorable offerings. Though FP Markets is not considered a zero spread forex broker, still it offers very low and stable spreads for most of the instruments.

Best High Leverage Forex Broker for Bangladesh

We picked Dukascopy as the best high leverage forex broker Bangladesh.

Dukascopy was founded in 2004. The broker is based in Switzerland. It is a forex and contracts for differences (CFDs) broker and is regulated in Switzerland, Japan, and Latvia. With Dukascopy clients have access to multiple markets, including forex, indices, commodities, cryptocurrencies, and stock CFDs.

Dukascopy has two account types: Forex ECN Account and Forex MT4 Account. The broker offers its own Proprietary Platform – JForex, however, traders can also choose to conduct their trades on the popular MT4.

We have chosen Dukascopy as the best high-leverage forex broker Bangladesh. With Dukascopy traders are allowed to change leverage levels. However, traders should pay attention, as the leverage levels can be different in different entities. Read more about High Leverage Forex Brokers here.

Best Online Broker Bangladesh List

We have tested many regulated and trustworthy forex brokers Bangladesh. Based on our research, we have come up with a list of available forex brokers Bangladesh.

Bangladesh Forex BrokerAbout Our TestOur Review
ICM Capital Deposit Amount: Over €5,000
Total Trade: 12 trades
ICM Capital Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
Admiral Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Trading 212 Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review

FAQ and More on Forex Trading Brokers in Bangladesh

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

How to Verify Bangladesh Regulated Forex Brokers?

Bangladesh traders may have concerns about how to verify a Bangladesh forex broker. The most common way for verification is to check the information on the regulator’s website. The regulatory body in Bangladesh is the Bangladesh Securities and Exchange Commission. Read about the body on the Wikipedia page.

In addition, there is yet another otion to verify a forex broker Bangladesh. The information can be found on the broker’s website. Almost all brokers mention on their websites the available and restricted regions.

Bangladesh Securities and Exchange Commission

Low Minimum Deposit Forex Brokers in Bangladesh

Traders in Bangladesh are interested to find forex brokers with minimum deposit. Based on our research we were able to find several brokers with minimum deposit. However, traders should be careful, as they might not be able to place trades with low funds.

Here are the low minimum deposit forex brokers Bangladesh:

  • Trading 212
  • eToro
  • FXTM

Top 10 Forex Brokers with No Deposit Bonus Bangladesh

Brokers usually run many promotional offers to attract new traders and one of the most common types is no deposit bonus. No deposit bonus is a free credit granted to the new traders.

We have tried to find no deposit bonus forex brokers in Bangladesh, and here is the list we came up with:

  • Admiral Markets
  • Vantage FX
  • FXTM

Best Binary Option Broker

Binary options are considered very risky financial products. If the market moves against the bets, traders will lose all their investments. Thus, we do not recommend binary options as in forex trading money safety is the essential aspect. Read more about binary options in our article.

Tax for Forex Trading in Bangladesh

In Bangladesh forex trading is taxable. Gains from forex trading are taxed at the same rate as regular income. The tax rate for residents varies from 0% to 25% depending on the income amount. For non-residents, there is a fixed 30% taxation.

We recommend Bangladesh traders file the tax forms to the country’s relevant institution without delays. If they avoid taxes, they may later face fines and penalties.

Author of this review

By George Rossi

Author of this review

I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Now I am passionate about reviewing and comparing forex brokers.

Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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