Best Forex Brokers Nepal 2025

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

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

We also reached out to customer support to see how the team was able to solve the problems we faced. At last, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Regulated in Nepal?

Nepal is a country in South Asia. Nepal is known for its majestic nature. However, despite its scenery, the country still remains in economic hardship. The country receives aid from countries such as Japan, the US, the UK, the EU, China, Switzerland, and others. The official currency of Nepal is the rupee.

Forex trading in Nepal is legal. The sector is controlled by the Securities Board of Nepal (SEBON). The Board is responsible for issuing regulations and directives, issuing licenses to stock brokers, dealers, etc.

The official website of the Securities Board of Nepal is www.sebon.gov.np.

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

Best Forex Brokers in Nepal

There are Brokers that are based in the country and fall under local regulation. Also, there are international brokers that accept Traders from Nepal. Money safety in trading goes first, so we recommend signing only with reliable firms.

As forex trading is allowed in Nepal, various brokers are available in the country. Thus, Nepal traders have an opportunity to choose. We advise them to pay close attention to the broker’s offerings and pick the one that best suits their trading goals.

When choosing a forex broker Nepal, traders should consider the broker’s payment methods, and whether they are available in their country. Customer support is another important aspect. Nepal traders should make sure that the team will provide support in their preferred language.

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

• IC Markets – Best Forex Trading Broker Nepal Overall
• Tickmill – Best Forex Broker for Beginners Nepal
• Dukascopy – Best MT4 Forex Broker in Nepal
• FP Markets – Best Online Forex Broker Lowest Spread in Nepal

Best Forex Trading Broker Nepal Overall

We picked IC Markets as the best overall forex broker Nepal. 

IC Markets was founded in Sydney, Australia, in 2007. It is a Forex and CFD broker, holding multiple licenses in Australia, Cyprus, Seychelles, and The Bahamas. With the broker, traders have access to trading instruments in the following categories: forex pairs, indices, stocks, commodities, and cryptocurrencies.

IC Markets offers 4 account types: the standard account, cTrader raw spread account, the raw spread account, also, the Islamic account. The broker’s clients can conduct their trades on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. For fast deposits and withdrawals, traders can use various payment methods, including bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller.

IC Markets’ educational section is also great. It offers a useful forex trading course for newbie traders, also a Demo account.

Best Forex Broker for Beginners Nepal

We picked Tickmill as the best forex broker Nepal for beginners.

Tickmill is a global Forex and CFDs broker. It was founded in 2014. Tickmill is headquartered in London and holds licenses in the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia). The broker enables access to multiple trading instruments in the following categories: Forex, Commodity, Indices & Bonds.

Tickmill offers various payment methods, such as debit/credit cards, bank transfers, and e-wallets such as Skrill, and Neteller. The broker offers 3 account types: the Pro, Classic, and VIP accounts.

We have chosen Tickmill as the best forex broker Nepal for beginners. The broker offers great educational materials and is suitable for newbie traders. It offers webinars, seminars, Ebooks, video tutorials, infographics, forex Glossary, fundamental analysis, technical analysis, and market insights.

Best MT4 Forex Broker in Nepal

We picked Dukascopy as the best MT4 forex broker Nepal.

Dukascopy was founded in 2004 in Switzerland. It is a CFDs broker, which also offers banking services. Dukascopy is authorized and regulated in Japan, Switzerland, and Latvia. The broker offers services in the following categories: forex, indices, commodities, cryptocurrencies, and stock CFDs instruments.

The spreads across all the markets are rather low. Dukascopy has two main account types: Forex ECN Account and Forex MT4 Account.

We have chosen Dukascopy as the best MT4 forex broker Nepal. Besides its proprietary platform (JForex ), the broker enables trades on the popular MT4 platform. The platform is rather good, with all the important tools and features, suitable for successful trading.

Best Online Forex Broker Lowest Spread in Nepal

We picked FP Markets as the best lowest spread forex broker Nepal.

FP Markets was founded in 2005. It is headquartered in Australia and holds licenses in the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines. FP Markets offers multiple trading instruments: forex, stocks, indices, commodities, and cryptocurrencies.

The broker offers its traders the popular MT4, MT5 platforms, and the IRESS platform. FP Markets’ accounts are based on its platforms.

We have chosen FP Markets as the best lowest spread forex broker Nepal. Its spreads are rather low, especially for forex and indices. Based on our trades, spreads on stocks, commodities, and cryptocurrencies, are mostly on the average benchmark. Also, learn more about the Best Lowest Spread Forex Brokers.

Nepal Top Forex Brokers List

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

Forex Broker Nepal	About Our Test	Our Review
Admiral Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Admiral Markets Review
IC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
INFINOX	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
Tickmill	Deposit Amount: Over €8,000 Total Trade: 12 trades	Tickmill Review
Trading 212	Deposit Amount: Over €5,500 Total Trade: 15 trades	Trading 212 Review
FP Markets	Deposit Amount: Over €6,000 Total Trade: 12 trades	FP Markets Review
Dukascopy	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
ActivTrades	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review

FAQ and More on Forex Trading in Nepal

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

How to Verify Nepal Regulated Forex Brokers?

Actually, verifying forex brokers Nepal is not very difficult. Traders can look for the information on The Securities Board of Nepal’s official page.

Also, traders can verify forex brokers Nepal directly on the broker’s page. Mostly, all brokers provide information about their availability or restrictions in certain regions and countries.

Cent Account Forex Brokers in Nepal

Cent forex accounts calculate the balance in the lowest fungible form of a currency, such as USD cent or GBP penny. Cent accounts are especially suitable for beginner traders, who are afraid of risking a lot of money.

Based on the data we collected through our research, we have selected XM as the best Cent Account forex broker Nepal.

Tax for Forex Trading in Nepal

In Nepal, the taxes for capital gains start from 5% to 10%. The income tax in the country rages up to 36%, depending on the income amount.

Nepal traders should be very careful and check the tax information with the relevant authorities. In the case of delays or tax avoidance, they may face penalties and fines.