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Best Forex Brokers Bangladesh 2022

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 www.bb.org.bd.

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 www.sec.gov.

🏦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.

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Best Forex Brokers Ireland 2022

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

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

Afterward, we reached out to the customer support team to see if they were able to solve our issues. Finally, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Legal in Ireland?

Ireland is an island situated in the North Atlantic Ocean. It is located in north-western Europe. The country’s population is over 5 million. Ireland’s economy is in constant growth and development, thus making it one of the leading economies in Europe. The country depends mostly on its agriculture and industrial sectors and tourism. Ireland is especially a leading exporter of medical products and IT technology.

The country’s Stock Exchange is considered the fifth largest worldwide. Ireland’s currency is Euro. Still in 2003, the country made a shift from pound to EUR.

Forex trading in Ireland is legal and available. The market is regulated by the Central Bank of Ireland. The main function of the bank is to ensure the monetary stability in the country and make sure to serve the best interests of the consumers and the country’s economy.

The official website of the Central Bank of Ireland is www.centralbank.ie.

However, as Ireland is an EU member, it also complies with the same laws and rules that are general for all the EU member countries. Thus, the market follows the MiFID II rules and regulations. Read more about MiFID II on the Wikipedia page.

EU Finance Market Authority (ESMA) was also created to protect forex traders. With ESMA’s laws, the traders stand on safer ground. Visit the ESMA official website here.

🏦RegulatorThe Central Bank of Ireland
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes
📊 Maximum Leverage1:30

Best Forex Broker Ireland

Finding forex brokers Ireland is quite easy. There are many brokers located in the country and fall under local regulation. Anyway, being a member of the EU, almost all the European forex brokers are available in the country for safe and profitable trading. We recommend signing with only trustworthy and regulated brokers, as money safety in forex trading goes first.

When choosing a forex broker Ireland, we advise traders to pay attention to several important aspects. First, check whether the payment methods offered by the broker are available for Ireland traders. Besides, check also the availability of the customer support. Find out whether the broker provides customer support in your preferred language.

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

  • Go Markets – Best Online Broker Ireland Overall
  • Tickmill – Best brokers for Beginners in Ireland
  • Pepperstone – Best Broker for OTC Stocks Ireland
  • FXTM – Best Irish Brokers with Low Spreads
  • Vantage FX – Best Spread Betting Brokers Ireland

Best Online Broker Ireland Overall

We picked Go Markets as the best online forex broker Ireland overall.

GO Markets was founded in 2006. It is a global forex broker, headquartered in Australia. Go Markets is tightly regulated with licenses in Australia, Cyprus, the UAE, Mauritius, and Seychelles. With the broker, clients have access to the following markets: Forex pairs, indices, metals, commodities, and shares.

GO Markets has 3 main account types: the Standard account, the GO Plus+ account, and the Pro account. GO Markets offers free and fast deposits and withdrawals via bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller. GO Markets offers the popular MT4 and MT5 platforms.

The broker offers great trading conditions. It allows high-risk strategies such as hedging and scalping. Moreover, the broker allows traders to run automated strategies, such as Expert Advisors (EAs).

Go Markets is also quite good at providing education material. The section includes a Forex Trading Handbook that offers an introduction to the Forex markets for beginner traders, also, MT4 tutorials to be able to navigate the platform.

Best Brokers for Beginners in Ireland

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

Founded in 2014 Tickmill is one of the best CFD brokers, based in London. Tickmill is licensed in multiple jurisdictions: the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia). Trading with Tickmill is possible in the following markets: Forex, Commodity, Indices, and Bonds.

Tickmill offers various funding methods, including debit/credit cards, bank transfers, and e-wallets such as Skrill, and Neteller.

The broker offers 3 main account types: the Pro, Classic, and VIP accounts. As to the trading platforms, clients do not have much choice. It offers only an MT4 platform to conduct the trades.

We have picked Tickmill as the best forex broker Ireland for beginners. Its education section is quite diverse with webinars, seminars, ebooks, video tutorials, forex glossary, fundamental analysis, technical analysis, market insights, and infographics.

Best Broker for OTC Stocks Ireland

We picked Pepperstone as the best OTC Stock forex broker Ireland.

Founded in 2010 Pepperstone is an Australian Forex and CFDs broker. It is regulated in several jurisdictions: Australia, the United Kingdom, Cyprus, Germany, Bahamas, the UAE, and Kenya. Pepperstone has the following offerings: forex pairs, indices, stocks, commodities, ETFs, cryptocurrencies, and a currency index.

Pepperstone offers 2 account types: the Razor and Standard accounts. To fund their trading accounts, the broker enables its clients to choose one of the following methods: bank wires, credit and debit cards, and e-wallets such as PayPal. Pepperstone offers the popular MT4 and MT5 platforms to its clients, as well as TradingView and the cTrader platform.

We have chosen Pepperstone as the best OTC stock broker, as its offerings are diverse and favorable, suitable for profitable trading.

Best Irish Brokers with Low Spreads

We picked FXTM as the best low spread forex broker Ireland.

FXTM is based in Cyprus and was founded in 2011. It has multiple licenses in the United Kingdom, Cyprus, South Africa, and Mauritius. With FXTM clients have access to multiple trading instruments: forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and real stocks.

The broker has several account types: Standard Account, Cent Account, and Stock CFDs Account. This is one of the leading cent account brokers with favorable offerings. FXTM offers its clients the popular MT4 and MT5 platforms to conduct their trades.

As to the account funding, the broker offers various payment methods: wire transfers, credit cards, local bank transfers, and popular e-wallets like Skrill, Neteller, and Paypal.

We have chosen FXTM as the best low-spread forex broker Ireland as the broker’s spreads are either lower than the industry average or in line with the average industry benchmark. Read more about the Lowest Spread Forex Brokers.

Best Spread Betting Brokers Ireland

We picked Vantage FX as the best spread betting forex broker Ireland.

Vantage FX is a forex and CFDs broker founded in 2009. It is headquartered in Sydney, Australia. The broker is tightly regulated with licenses in multiple jurisdictions: the United Kingdom, Australia, Vanuatu, and The Cayman Islands. Vantage FX offers various tradable instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs.

The broker has several account types: Raw ECN, Standard STP, and Pro ECN. With Vantage FX clients can conduct their trades on MetaTrader 4 and MetaTrader 5 platforms.

Based on our research we found that Vantage FX is one of the best spread betting forex platforms.

Ireland Forex Brokers List

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

Ireland Forex BrokerAbout Our TestOur Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone 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
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review

FAQ and More on Forex Trading Brokers in Ireland

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

How to Verify Ireland Regulated Forex Brokers?

There are several options to verify an Ireland forex broker. The most common way for verification is to check the information on the regulator’s website. As previously has been mentioned, in Ireland forex market is regulated by the Central Bank of Ireland.

However, being an EU member, Ireland also follows ESMA’s regulations. Generally, ESMA lists all the regulated and available forex brokers on its website.

In addition, there is another way to verify a forex broker Ireland. You can just visit the broker’s website and see whether it offers services in your region. Almost all brokers mention on their websites the available and restricted regions.

The Central Bank of Ireland - official website

Ireland Best Broker for Day Trading

Day traders buy and sell financial instruments within the same trading day, and before the market closes all the positions should be closed.

Based on our tests we have come up with the following day trading forex brokers Ireland:

  • Pepperstone
  • XTB
  • AvaTrade

Best Cryptocurrency Brokers Ireland

The regulating body in the country – the Central Bank of Ireland has issued warnings concerning crypto-asset investment. Although, there is no official prohibition or ban as such, however, cryptocurrencies are still not encouraged. We recommend conducting your own research before starting your trades.

Tax for Forex Trading in Ireland

In Ireland forex trading is taxable. All the profits gained from CFD trading are subject to taxation. They are taxed as capital gains at the rate of 33%. On the other hand, spread betting profits are not liable to taxation.

We recommend Ireland traders be cautious and responsible for filing tax forms to the country’s relevant institution. If they fail to do so, they may face fines and penalties.