This Best Forex Brokers in Chad review conducted in South Africa shows that with forex trading exponentially growing around the world, especially in African countries such as Chad, forex traders may still be unsure of the best brokers to trade this market.
Chadian traders looking for a broker that offers competitive trading conditions along with comprehensive trading solutions and services, need not look further than the list below.
Here’s a run-down on what we cover:
Regulated Forex Brokers in Chad
Trusted Forex Brokers in Chad
Forex Brokers with Low Spreads in Chad
ECN Forex Brokers in Chad
Best Forex Platforms in Chad
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What are the legal and regulatory considerations for forex trading in Chad?
Forex trading in Chad operates in a relatively underdeveloped regulatory environment.
The country does not have a dedicated financial regulatory authority that directly oversees forex trading activities.
Instead, Chad is a member of the Central African Economic and Monetary Community (CEMAC), and its financial markets are broadly governed by the Bank of Central African States (BEAC), which acts as the central bank for the region.
However, BEAC’s regulations are more focused on monetary policy and banking supervision rather than specific oversight of forex brokers.
6 Best Forex Brokers in Chad
- ☑️ Tickmill – Tight spreads, fast trades, ideal for active traders.
- ☑️ Exness – High leverage, easy to use, great for beginners.
- ☑️ FP Markets – Low fees, flexible, good for all levels.
- ☑️ IC Markets – Low spreads, fast execution, great for pros.
- ☑️ Vantage Markets – Copy trading, low spreads, simple platform.
- ☑️ GO Markets – Beginner-friendly with strong support.
1. Tickmill
Tickmill brokerage is available in Africa and is regulated by the Seychelles FSA and the FCA in the UK.
Tickmill offers three live account types and its own proprietary WebTrader or MetaTrader 4 to trade forex, stock indices, oil, precious metals, and bonds.
Min Deposit
USD 100
Regulators
CySEC, FCA, FSA, FSCA
Trading Platform
MT4, MT5, Tickmill Trader
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Features
| 🔧 Feature | 📌 Information |
| 🛡️ Regulation | FSA, FCA |
| 💵 Minimum Deposit | $100 |
| 📉 Average Spread From | 0.13 pips |
| 💰 Commissions From | None |
| 💳 Deposit/Withdrawal Fees | Not charged |
| 📈 Maximum Leverage | 1:500 |
| 🎁 Bonuses | No. |
| 🕔 Customer Support & Hours | 24/5 |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast and easy account opening | Average CFD fees |
| Free deposit and withdrawals | Only basic news feeds |
Our Findings
Tickmill offers competitive spreads and high leverage, making it an attractive option for traders in Chad.
The broker supports MetaTrader 4, which is ideal for traders who value fast execution and ease of use.
How can I open a trading account with Tickmill in Chad?
Opening a trading account with Tickmill is a straightforward process. To start, simply visit the official Tickmill website and click on the “Open Account” button.
You’ll need to provide personal details such as your full name, email address, and phone number.
What are the trading conditions at Tickmill for traders in Chad?
Tickmill offers competitive trading conditions designed to cater to both beginner and advanced traders.
With low spreads starting from as low as 0.0 pips, Tickmill ensures that traders can take advantage of tight market conditions.
The platform also offers fast execution, with an average order execution speed of just 0.15 seconds, allowing you to execute trades swiftly.
2. Exness
Exness was founded in 2008 and is registered and authorised in Seychelles by the FSA, in Cyprus by CySEC, and by the FCA in the United Kingdom.
The broker offers MT4 and MT5 and a WebTerminal as trading platforms, to trade in more than 130 currency pairs, metals, cryptocurrencies, energies, and Indices.
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Features
| 🔍 Feature | 📋 Information |
| 🛡️ Regulation | CySEC, SFSA FCA, FSA(JP) |
| 💵 Minimum Deposit | $10 |
| 📉 Average Spread From | 0.1 pips |
| 💰 Commissions From | $10- $30 |
| 💳 Deposit/Withdrawal Fees | Deposit fee in some regions |
| ⚖️ Maximum Leverage | 1:30 |
| 🎁 Bonuses | No |
| 🕒 Customer Support Hours | 24/5. |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| 10$ minimum deposit | Deposit fee charged in certain regions |
Our Findings
Exness is a globally recognized forex broker that offers services to traders in Chad through its Seychelles-based entity, Exness (SC) Ltd, regulated by the Financial Services Authority (FSA) of Seychelles.
How can I open a trading account with Exness in Chad?
To open a trading account with Exness in Chad, the process is straightforward and can be completed online. First, visit the Exness website and click on the “Open Account” button.
What are the trading conditions and account types offered by Exness in Chad?
Exness offers a wide range of trading conditions designed to suit both beginner and advanced traders in Chad.
3. FP Markets
FP Markets is an Australian forex broker company established in 2005 and based in Sydney as well as Kingstown in St. Vincent and the Grenadines.
It gives traders access to CFD trading on forex, indices, commodities, stocks, and cryptocurrencies.
Min Deposit
USD 100
Regulators
ASIC, CySEC, FSCA, CMA
Trading Platform
MT4, MT5, Iress Trader, cTrader
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Features
| 🔧 Feature | 📌 Information |
| 🛡️ Regulation | ASIC, CySEC, SCB |
| 💵 Minimum Deposit | $100 |
| 📉 Average Spread From | 0.0 pips |
| 💰 Commissions From | $3 |
| 💳 Deposit/Withdrawal Fees | None |
| 📈 Maximum Leverage | 1:500 |
| 🎁 Bonuses | No. |
| 🕔 Customer Support & Hours | 24/5 |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast account opening | High stock CFD fees |
| Multi-lingual support | Limited product portfolio |
Our Findings
FP Markets offers a robust trading platform for traders in Chad, even though it is not directly regulated within the country.
The broker operates under the Financial Services Authority (FSA) of Seychelles, allowing traders from Chad to access a wide range of trading options with high leverage, up to 1:500.
Globally, FP Markets is regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), which ensures a secure trading environment.
How can I open a trading account with FP Markets in Chad?
Opening a trading account with FP Markets in Chad is a straightforward process that can be completed online. To get started, visit the FP Markets website and click on the “Open Account” button. You’ll need to provide personal details such as your full name, email address, and phone number.
What are the trading conditions and available platforms with FP Markets in Chad?
FP Markets offers competitive trading conditions for traders in Chad, including access to a wide range of financial instruments such as forex, commodities, indices, stocks, and cryptocurrencies.
4. IC Markets
IC Markets is a well-regulated and reputable broker established in 2007 and is regarded as one of the largest real ECN brokers.
It offers traders more than 230 tradable financial instruments and advanced trading platforms in competitive trading conditions.
IC Markets allows trading strategies such as hedging and scalping, social trading, and offers free deposits and withdrawals under transparent fee schedules.
Min Deposit
USD 200
Regulators
ASIC, CySEC, FSA, SCB
Trading Platform
MT4, MT5, WebTrader
Crypto
Yes
Total Pairs
61
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Features
| 🔧 Feature | 📌 Information |
| 🛡️ Regulation | ASIC |
| 💵 Minimum Deposit | $200 |
| 📉 Average Spread From | 0.0 pips |
| 💰 Commissions From | $3 |
| 💳 Deposit/Withdrawal Fees | None |
| 📈 Maximum Leverage | 1:500 |
| 🎁 Bonuses | No. |
| 🕔 Customer Support & Hours | 24/5 |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Allows hedging and scalping and social trading | No fixed spread accounts |
| ASIC-regulated | US Clients not accepted |
Our Findings
IC Markets is an Australian-based forex and CFD broker that extends its services to traders in Chad through its Seychelles-regulated entity, IC Markets Global.
While not regulated within Chad, the broker operates legally in the country, offering access to a wide range of financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies.
How can I open a trading account with IC Markets in Chad?
Opening a trading account with IC Markets in Chad is a simple process that can be done entirely online.
To begin, visit the official IC Markets website and click on the “Open Live Account” button.
What are the trading conditions and available platforms with IC Markets in Chad?
IC Markets offers competitive trading conditions for traders in Chad, including tight spreads starting from 0.0 pips on its Raw Spread accounts.
5. Vantage Markets
Vantage Markets is a globally recognized forex and CFD broker that offers its services to traders in Chad through its Seychelles-regulated entity, Vantage Global Prime Pty Ltd. While not regulated within Chad, the broker operates legally and provides a secure trading environment for Chadian traders.
Vantage Markets offers access to over 1,000 CFD instruments, including forex, indices, commodities, shares, ETFs, and bonds, catering to diverse trading preferences.
Features
| 🔧 Feature | 📌 Information |
| 🛡️ Regulation | ASIC, FCA, VFSC, CIMA |
| 💵 Minimum Deposit | $50 (may vary by region and account type) |
| 📉 Average Spread From | 0.0 pips |
| 💰 Commissions From | From $3 per lot per side (Raw ECN account) |
| 💳 Deposit/Withdrawal Fees | Bank transfers, credit/debit cards, e-wallets, local payment methods |
| 📈 Maximum Leverage | 1:500 |
| 🎁 Bonuses | No. |
| 🕔 Customer Support & Hours | 24/5 |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast digital account opening process | High bank withdrawal fee outside EU/Australia |
| Free deposit and withdrawal | No investor protection for non-EU clients |
| Low forex and equity index fees | Only forex, CFDs, and crypto |
Our Findings
Vantage Markets has established itself as a reputable forex and CFD broker accessible to traders in Chad.
While not directly regulated within Chad, Vantage operates under multiple international regulatory bodies, including the Financial Sector Conduct Authority (FSCA) in South Africa, the Australian Securities and Investments Commission (ASIC), and the UK’s Financial Conduct Authority (FCA).
How can I open a trading account with Vantage Markets in Chad?
To open a trading account with Vantage Markets in Chad, you simply need to visit the official Vantage Markets website and complete the online registration process.
What trading features and benefits does Vantage Markets offer to traders in Chad?
Vantage Markets offers a wide range of trading features for traders in Chad, designed to meet the needs of both beginner and professional traders.
6. GO Markets
GO Markets is a globally recognized forex and CFD broker that extends its services to traders in Chad through its internationally regulated entities.
While not directly regulated within Chad, GO Markets operates under the oversight of reputable financial authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Services Commission (FSC) of Mauritius, the Financial Services Authority (FSA) of Seychelles, and the Cyprus Securities and Exchange Commission (CySEC).
Features
| 🔧 Feature | 📌 Information |
| 🛡️ Regulation | ASIC (Australia), FSA (Seychelles), CySEC (Cyprus), FSC (Mauritius) |
| 💵 Minimum Deposit | $200 AUD (or equivalent in other currencies) |
| 📉 Average Spread From | 0.0 pips |
| 💰 Commissions From | $0 (Standard), $3.00 per side per lot (GO Plus+) |
| 💳 Deposit/Withdrawal Fees | Bank Transfer, Credit/Debit Card, Skrill, Neteller, etc. |
| 📈 Maximum Leverage | Up to 500:1 (varies by region & regulation) |
| 🎁 Bonuses | No. |
| 🕔 Customer Support & Hours | 24/5 |
| 👉Open an Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fast account opening | High stock CFD fees |
| Multi-lingual support | Limited product portfolio |
Our Findings
GO Markets is a reputable forex and CFD broker that extends its services to traders in Chad through its internationally regulated entities.
While not directly regulated within Chad, GO Markets operates under the oversight of several respected financial authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Services Commission (FSC) of Mauritius, the Financial Services Authority (FSA) of Seychelles, and the Cyprus Securities and Exchange Commission (CySEC) .
How can traders in Chad open an account with GO Markets?
Opening an account with GO Markets in Chad is a simple and fully online process.
Traders can start by visiting the GO Markets website and selecting the “Open Live Account” option.
What trading conditions and features does GO Markets offer to traders in Chad?
GO Markets provides favorable trading conditions for Chadian traders, offering access to a wide range of instruments including forex, commodities, indices, metals, shares, and cryptocurrencies.
The broker allows high leverage, up to 1:500, depending on the account type and jurisdiction.
Conclusion
In conclusion, forex trading in Chad is becoming increasingly accessible thanks to the presence of reputable international brokers that cater to local traders.
With options like IC Markets, FP Markets, Tickmill, Exness, Vantage Markets, and Moneta Markets, traders in Chad can find platforms that suit their experience level, budget, and trading preferences.
These brokers offer regulated environments, competitive spreads, flexible leverage, and user-friendly platforms such as MetaTrader 4 and 5. As the interest in online trading grows across Africa, it’s essential for Chadian traders to choose licensed brokers, start with demo accounts when possible, and practice sound risk management strategies to navigate the forex market effectively.
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Frequently Asked Questions
Is forex trading legal in Chad?
Yes. Forex trading is legal in Chad.
How many forex traders are there in Chad?
An estimated 160,000 traders in Chad trade on the financial markets on a monthly basis.
Can beginners trade in forex?
Yes. Anyone can start trading in forex. However, traders must first ensure that they have a clear understanding of forex, the market, and the risks involved before they start trading.
Do these forex brokers offer demo accounts?
Yes. These brokers offer demo accounts that can be used to practice trading, test out strategies, or test out the broker’s offer.
Are these forex brokers regulated and safe to use?
All these brokers are regulated however, some are not regulated by the most reputable authorities.
