Overall, despite the situation in Liberia, the 5 best Forex brokers in Liberia are numerous well-known brokers based in Europe, and several other jurisdictions, which accept and welcome traders from Liberia. Even though forex trading is done in the country by countless traders, the legislation of Liberia does not reflect the existence thereof. There is no independent regulatory body that governs forex trading, with all other financial transactions regulated by the Central Bank of Liberia.
In this in-depth write-up you will learn:
- The 5 Best Forex Brokers in Liberia
- Overview of Forex Trading in Liberia
- A List of Stock Brokers in Liberia.
- The Best Forex Trading App in Liberia.
- How to Become one of the most Successful Forex Traders in Liberia.
and much, MUCH more.
5 Best Forex Brokers in Liberia in 2025
| 🔎 Brokers | 🚀Open an Account | 🤝 Accepts Basotho Traders | 💶 Min. Deposit (LSL) |
| 🥇 XM | Open Account | Yes | $5 (approximately 925 LRD) |
| 🥈 Exness | Open Account | Yes | $10 (approximately 1,850 LRD) |
| 🥉HFM | Open Account | Yes | $0 for Cent, Zero, and Premium accounts; $100 for Pro account (approximately 18,500 LRD) |
| 🏅FBS | Open Account | Yes | $1 (approximately 185 LRD) |
| 🎖️OctaFX | Open Account | Yes | $25 (approximately 4,625 LRD) |
Liberia Liberian Dollar – Defenition
The Liberian Dollar (LRD) is the official currency of Liberia, a West African country. It is issued by the Central Bank of Liberia (CBL) and is commonly used alongside the United States Dollar (USD) in the country’s economy. The currency symbol for the Liberian Dollar is $ or L$ to distinguish it from the US Dollar.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
5 Best Forex Brokers in Liberia (2025)
- ☑️ XM – Low Minimum LRD Deposit.
- ☑️ Exness – Best Overall Offering
- ☑️ HFM – Known for User-friendly trading.
- ☑️ FBS – Best Forex Broker for Beginners
- ☑️ Octa – Provides tight spreads.
XM
The online trading platform XM allows clients to access financial instruments, including 1,000 global assets that cover forex and cryptocurrencies, stock CFDs and commodities, and precious metals and energies. The platform enables trading through the MT4 and MT5 platforms, where XM has added its proprietary indicators to improve trading tools for users. The affordable trading features at XM include maximum leverage at 1:1000 combined with minimum spreads starting from 0.6 pips. A secure trading atmosphere exists at the broker because it operates under strict regulations from ASIC (Australia) together with CySEC (Cyprus) FSC (Belize) DFSA (Dubai) and FSCA (South Africa). XM delivers different trading accounts that adapt to professional levels ranging from novice traders to experienced traders up to professional traders. Staff at XM can access educational resources alongside market analysis tools and webinars that enable traders to make informed market decisions and develop their trading expertise. XM has received numerous industry recognitions for its platform features low trading fees and a wide selection of instruments as well as its easy-to-use interface. The broker maintains an excellent reputation in the industry because it dedicates itself to deliver both premium trading tools alongside superior customer support. The XM platform provides a complete solution that matches any level of trading expertise from raw beginners to seasoned professionals.
Features
| 🔎Broker | 🥇XM |
| Company Information | |
| 📅Year Founded | 2009 |
| 🧑🏻💻Amount of staff | 450+ |
| 👩💻Amount of active traders | Over 5 million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSC, CySEC, ASIC, |
| 🌎Country of regulation | Australia, Cyprus, Belize |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | ICF (Investor Compensation Fund) |
| Account Types and Features | |
| ➕Accounts | Standard, Raw Spread, Standard Cent, Zero, Pro |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes |
| 📇Minor account currencies | USD, EUR, GBP, AUD, ZAR |
| 💰Minimum Deposit | $5 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | None |
| 📊Spreads from | 0.6 pips |
| 💸Commissions | None |
| 💱Number of base currencies supported | 11 |
| 🚀Swap Fees | Applicable |
| 📈Leverage | Up to 1:1000 |
| 📏Margin requirements | Varies by asset and region |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 0.01 seconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 1,000+ |
| 🗠CFD Stock Indices | 30+ |
| ⚖️CFD Commodities | 15+ |
| 📜CFD Shares | 1,200+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| 💵Withdrawal Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MT4, MT5, XM WebTrader |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️Forex trading tools | Trading signals, indicators, VPS |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | support@xm.com |
| 📞Customer Support Contact Number | +357 25029933 |
| 👾Social media Platforms | Facebook, Twitter, Instagram, YouTube |
| 🗣️Languages supported on Website | 25+ |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes (in multiple languages) |
| 📚Educational Resources | Articles, tutorials, videos, webinars |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 5,000 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, sponsorship agreement with LALIGA, the top professional football division in Spain |
| 🪙Rebate program | Yes |
| 👉Open Account | 👉 Open Account |
Min Deposit
USD 5
Regulators
FSC, CySEC, ASIC,
Trading Platform
MT4, MT5
Asset Classes
| 📜CFD Type | ⚖️Example Instrument | 📊Tight Spreads | ♒Average Spreads | 〰️Wide Spreads |
| 💱Forex | EUR/USD | 0.1 pips | 0.3 pips | 1.0 pips |
| 🪙Commodities | Gold (XAU/USD) | $0.20 | $0.50 | $2.00 |
| ➡️Equity Indices | US 30 (Dow Jones) | 0.5 pts | 1.0 pts | 3.0 pts |
| 📜Stocks | Apple (AAPL.US) | $0.01 | $0.02 | $0.05 |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great Educational tools | Limited product portfolio |
| Easy and fast account opening | Inactivity fee after 90 days |
| No withdrawal fees | Only average Forex fees |
Our Findings
Liberian traders select XM because it offers them a trading experience with high leverage ratios of 1:1000 along with ultra-low spreads and multiple markets to trade from the MT4 and MT5 platforms while enjoying the added protection of strict regulatory monitoring.
Does XM offer trading services to residents of Liberia?
Traders located in Liberia can join XM since the platform lets them operate with forex, commodities, stocks, and other CFDs on its MT4 as well as MT5 platforms.
What deposit and withdrawal methods are available for Liberian traders?
XM provides its users with multiple payment choices including bank transfers and debit and credit cards as well as Skrill and Neteller e-wallets to make deposits and withdrawals simple.
Exness
The forex and CFD broker Exness operates globally as it has existed since 2008. The broker operates under the regulations of three regulatory bodies such as the Financial Services Authority (FSA) in Seychelles and the Financial Conduct Authority (FCA) in the UK as well as the Cyprus Securities and Exchange Commission (CySEC) to provide a secure trading platform. Exness operates Standard, Standard Cent, Pro, Raw Spread, and Zero accounts to give traders from different experience levels a suitable solution. Exness enables traders to set accounts for standard deposits starting at just $1 and provides users with unlimited leverage options depending on certain conditions. Standard and advanced trading tools which include Exness Terminal along with Exness Trade App function together with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms through the broker’s platform. Exness stands out for quick payout and deposit operations together with spread rates as low as 0.3 pips and multiple trading tools including forex and cryptocurrencies and stock Contracts for Difference and commodities and market indexes. Traders from Liberia can rely on Exness as their dependable trading platform because of its built-in advantageous features.
Features
| 🔎Broker | Exness |
| Company Information | |
| 📅Year Founded | 2008 |
| 🧑🏻💻Amount of staff | Over 2,100 |
| 👩💻Amount of active traders | Over 320,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 🌎Country of regulation | Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Raw Spread, Standard Cent, Zero, Pro |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes |
| 📇Minor account currencies | EUR/USD & USD/JPY |
| 💰Minimum Deposit | $10 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Instant to 1 business day |
| 🪙Fund Withdrawal Fee | Free, but may vary based on payment method and account type |
| 📊Spreads from | 0.3 pips |
| 💸Commissions | Varies by account type, often commission-free |
| 💱Number of base currencies supported | +40 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:2000 |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 200 |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| 💵Withdrawal Options | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Trade |
| 👩💻OS Compatibility | Windows, macOS, iOS, Android |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | support@exness.com |
| 📞Customer Support Contact Number | +35725030959 |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | 15 Languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 64 000 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, sponsorship agreement with LALIGA, the top professional football division in Spain |
| 🪙Rebate program | Yes |
| 👉Open Account | 👉Open Account |
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Asset Classes
| 📊Asset Class | 📈Spread Type | ⚖️Typical Spread | 🔎Raw Spread Commission |
| 💱Forex (EUR/ZAR) | Standard/Raw Spread | Variable (from 0.9 pips) | N/A |
| ➡️CFD Indices (S&P 500) | Standard/Raw Spread | Variable (from 1.0 pip) | N/A |
| 📜CFD Stocks (Apple) | Variable (from 0.03 USD) | N/A | |
| 🪙CFD Commodities (Gold) | Variable (from $3.2) | N/A | |
| 💵CFD Cryptocurrencies (Bitcoin) | Variable (from 25 USD) | Commission-based |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Highly Regulated | Limited Local Support |
| Competitive Trading Conditions | High Leverage Risks |
| Low Minimum Deposit | Complex Fee Structure |
| Variety of Trading Instruments | Withdrawal Fees |
| Educational Resources | Platform Limitations |
| Local Currency Accounts | Customer Service Variability |
| Demo Accounts | Regional Variations in Service |
| VPS Hosting Available | Potential Over-Reliance on Automation |
Our Findings
Traders in Liberia choose Exness because the platform provides minimal deposit requirements together with unlimited leverage and quick withdrawals and supports MT4/MT5 platforms within a secure trading environment.
Does Exness offer high leverage for Liberian traders?
Yes, Exness provides leverage up to 1:Unlimited (depending on trading conditions), allowing Liberian traders to maximize their trading potential.
Is Exness a regulated broker for Liberian traders?
Yes, Exness is regulated by top authorities like CySEC, FCA, and FSA, ensuring a safe and transparent trading environment for Liberian traders.
HFM
The broker HFM, which previously operated under the name HotForex, offers worldwide trading services for multi-asset products to retail and institutional market participants. The broker enables trading of forex commodities, indices, stocks, bonds, ETFs, crypto assets, and many other financial instruments to serve clients with varying trading needs. HFM provides clients with four account choices—Cent Zero Pro and Premium—which fit different trading experience levels. HFM provides traders with wide-ranging leveraged options from 1:2000 and they can implement efficient trading strategies using the competitive spreads beginning at 0.0 pips. The broker enables trading through MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms together with its HFM Platform which provides easy-to-use interfaces and sophisticated trading tools. Trading at HFM enjoys regulation from multiple governing bodies which include the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) which guarantees secure and transparent market conditions. Trading education at HFM includes both free educational content such as webinars and market analysis as well as free trading courses that help traders learn to make better trading decisions through improved skills development. HFM establishes itself as an appropriate solution for Liberian traders who need a dependable all-encompassing trading platform.
Features
| 🔎Broker | HFM |
| Company Information | |
| 📅Year Founded | 2010 |
| 🧑🏻💻Amount of staff | 500+ |
| 👩💻Amount of active traders | 300,500 000 mil |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSCA, CySEC, FCA, DFSA, FSA, CMA |
| 🌎Country of regulation | UK, South Africa, Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Premium Account, Zero Spread Account, Pro Account, HFcopy Account |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Not offered |
| 📇Minor account currencies | AUD, GBP, USD, EUR, CAD, CHF, JPY, SGD, HUF, PLN, NZD, ZAR |
| 💰Minimum Deposit | $0 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | Free up to a certain amount |
| 📊Spreads from | 0.1 pips |
| 💸Commissions | No |
| 💱Number of base currencies supported | Over 50 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | 1:30 |
| 📏Margin requirements | 0.50% |
| ☪️Islamic account (swap-free) | Yes, available upon request |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 500+ |
| 🗠CFD Stock Indices | Yes, HFM offers CFDs on major global stock indices, including US30 (Dow Jones), UK100 (FTSE), and many more. |
| ⚖️CFD Commodities | Yes, HFM provides CFDs on a variety of commodities, including Gold, Oil, and others. |
| 📜CFD Shares | Yes, HFM allows trading CFDs on a selection of popular company shares, such as Amazon and Meta. However, the total number of individual stock CFDs may be limited compared to specialized stock brokers. |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
| 💵Withdrawal Options | Must be sent via the same payment method used for deposit |
| Trading Platforms and Tools | |
| 💻Trading Platforms | HFM Platform, MT4 |
| 👩💻OS Compatibility | Windows, macOS, Web, Mobile (Android, iOS) |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/5 |
| 📱Customer Support email address | support.za@hfm.com |
| 📞Customer Support Contact Number | +27-104 439 924 |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | 27 languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes, HFM offers a multi-award winning affiliate program with competitive commissions, marketing tools, and dedicated support. |
| 👨🏫Amount of partners | 41 000 |
| 📋IB Program | Yes, HFM has a dedicated IB (Introducing Broker) program with custom solutions for introducing new clients. |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | Open Account |
Min Deposit
USD 0 / ZAR 0
Regulators
FSCA, DFSA, FSC, CMA. FCA
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
No Trading Fees
Account Activation
24 Hours
Asset Classes
| 📜CFD Type | ⚖️Example Instrument | 📊Tight Spreads | ♒Average Spreads | 〰️Wide Spreads |
| 💱Forex | EUR/USD, GBP/USD | 0.1 pips (Zero Account) | 1.3 pips (Premium Account) | 3+ pips (Exotic pairs) |
| ➡️Indices | US30 (Dow Jones), UK100 (FTSE) | 0.8 pts | 2 pts | 5+ pts (Volatility or illiquid markets) |
| 🪙Commodities | Gold (XAU/USD), Oil (USOIL) | 0.2 pips | 0.8 pips | 2+ pips (Lower liquidity periods) |
| 💵Cryptocurrencies | Bitcoin (BTC/USD), Ethereum (ETH/USD) | Varies | 3 pips | 10+ pips (Low liquidity coins) |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers multiple account options | High leverage can increase risk |
| Provides tight spreads and low commissions | Lacking its own trading platform. |
| Offers comprehensive educational content | Support may be limited |
Our Findings
HFM stands as the optimal choice for Liberian traders because it supplies high leverage (up to 1:2000) alongside minimal spreads and several trading accounts alongside MT4/MT5 platforms and a sound regulatory framework with an extensive educational collection.
Is HFM a regulated broker for Liberian traders?
Yes, HFM is regulated by authorities such as CySEC, FCA, and FSCA, ensuring a safe and transparent trading environment.
Does HFM provide educational resources for traders in Liberia?
Yes, HFM offers free webinars, market analysis, trading courses, and other educational materials to help Liberian traders enhance their skills and strategies.
FBS
FBS has operated as a well-known trading broker that provides forex and CFD services to clients since its establishment in 2009. The broker delivers open access to forex alongside commodities indices stocks and cryptocurrencies together with financial instruments that satisfy varied trading needs. The broker provides five main account types termed Cent, Micro, Standard, Zero Spread, and ECN accounts that adapt to different trader experience levels. The combination of high maximum leverage 1:3000 along with spreads from 0.0 pips lets traders effectively execute their trading strategies. The trading broker FBS gives access to reputable platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) in addition to offering its FBS Trader app with a simplified interface and enhanced trading capabilities. The dual regulatory oversight of FBS derives from the International Financial Services Commission (IFSC) in Belize and the Cyprus Securities and Exchange Commission (CySEC) which establishes a trustworthy and transparent trading platform. The educational resources from FBS include free trading courses, webinars, and market analysis which alongside additional features help traders improve their trading skills and make educated financial choices through the provided resources. Trading clients based in Liberia can use FBS since its platform features that provide reliability and a complete trading solution.
Features
| 🔎Broker | 🥇FBS |
| Company Information | |
| 📅Year Founded | 2009 |
| 🧑🏻💻Amount of staff | 350+ |
| 👩💻Amount of active traders | Over 27 Million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSC, CySEC, ASIC |
| 🌎Country of regulation | Cyprus (CySEC), Belize (FSC), Australia (ASIC) |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard Account |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | USD, EUR |
| 💰Minimum Deposit | $5 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | Free, but may depend on payment method |
| 📊Spreads from | 0.7 pips |
| 💸Commissions | Yes |
| 💱Number of base currencies supported | Over 72 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:3000 |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes, for eligible clients |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 650+ |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
| 💵Withdrawal Options | Must be sent via the same payment method used for deposit |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS App |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS, Web |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | support@fbs.com |
| 📞Customer Support Contact Number | +357 22 010970 |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported on Website | 6 Languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 700 000 |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | Open Account |
Min Deposit
USD $5
Regulators
FSC, ASIC, CySEC
Trading Platform
MT4, MT5, FBS App
Crypto
Yes
Over 27 000 000+ Traders
Asset Classes
| 📜CFD Type | ⚖️Example Instrument | 📊Tight Spreads | ♒Average Spreads | 〰️Wide Spreads |
| 💱Forex | EUR/USD | 0.1 pips | 0.5 pips | 1.0 pips |
| ➡️Indices | S&P 500 | 0.4 pts | 1.0 pts | 2.0 pts |
| 🪙Commodities | Gold | $0.10/oz | $0.30/oz | $0.50/oz |
| 📜Stocks | Apple Inc. | $0.05% | $0.10% | $0.20% |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers accounts with a very low minimum deposit | High leverage can also increase risk |
| Provides a wide range of account options | Spreads can widen during market volatility |
| Regular bonuses and promotions | Lacks some advanced trading tools |
Our Findings
Traders in Liberia commonly choose FBS because it provides extensive features including high leverage (1:3000) minimal spreads and multiple trading accounts combined with desktop traders MT4/MT5 to their extensive regulation and platform-based training resources for traders’ decisions.
What account types does FBS offer to Liberian traders?
FBS offers Cent, Micro, Standard, Zero Spread, and ECN accounts to accommodate different trading styles and experience levels.
Are there any promotions or bonuses for Liberian traders on FBS?
Yes, FBS frequently offers deposit bonuses, cashback programs, and trading contests, though terms and conditions apply.
Octa
The online trading platform Octa provides worldwide recognition through its platform which enables trading across more than 300 financial vehicles that include forex and indices alongside shares and commodities and cryptocurrencies. The platform maintains a professional user interface through OctaTrader proprietary app components as well as through MT4 and MT5 solutions that serve expert traders and beginners. Octa provides traders with competitive market conditions through spreads below average and commission-free services as well as 1:1000 leverage ratios for optimal performance. Traders can invest securely through Octa due to its dual regulatory oversight from both the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) of South Africa. Through its educational offering, Octa provides traders with webinars along with tutorials and market analysis that help them become more skilled while making better choices. Traders in Liberia can find Octa to be a practical option because it provides all the necessary elements for reliable trading.
Features
| 🏛️Broker | 🥇OctaFX |
| Company Information | |
| 📅Year Founded | 2011 |
| 🧑🏻💻Amount of staff | 694 |
| 👩💻Amount of active traders | Over 1,000,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | CySEC, MWALI, FSCA |
| 🌎Country of regulation | Cyprus, Union of the Comoros, South Africa |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Micro |
| 💳Institutional Accounts | No |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | USD, EUR |
| 💰Minimum Deposit | $25 (Recommended: $100) |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | No |
| 📊Spreads from | 0.6 pips |
| 💸Commissions | None |
| 💱Number of base currencies supported | 2 (USD, EUR) |
| 🚀Swap Fees | Yes |
| 📈Leverage | Up to 1:500 |
| 📏Margin requirements | margin requirement of 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | In seconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 230 |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | credit cards, debit cards, bank transfers, e-wallets (like Skrill, Neteller), and cryptocurrency |
| 💵Withdrawal Options | The same as deposit options |
| Trading Platforms and Tools | |
| 💻Trading Platforms | OctaTrader, MetaTrader 4, MetaTrader 5 |
| 👩💻OS Compatibility | Web, Mobile (iOS and Android) |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes, available 24/7 |
| 📱Customer Support email address | support@octafx.com |
| 📞Customer Support Contact Number | N/A |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | English, Arabic, Chinese, Indonesian, Malay, Thai, and Vietnamese |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 4,600 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| 👉Open Account | Open Account |
Min Deposit
USD 25
Regulators
CySEC, MISA, FSCA and FSC
Trading Platform
MT4, MT5, OctaTrader
Crypto
Yes
Total Pairs
52
Islamic Account
Yes
Trading Fees
No
Account Activation
24 Hours
Asset Classes
| 📜 CFD Type | ⚖️ Example Instrument | 📊 Tight Spreads | ♒ Average Spreads | 〰️ Wide Spreads |
| 💱Forex | EUR/USD | 0.6 pips | 0.8 pips | 1.2 pips |
| ➡️Indices | US500 | 0.5 points | 0.8 points | 1.5 points |
| 🪙Commodities | Gold (XAU/USD) | 1.0 pips | 1.5 pips | 2.5 pips |
| 📜Stocks | Apple (AAPL) | 0.4 points | 0.7 points | 1.2 points |
| 💰Cryptocurrencies | Bitcoin (BTC/USD) | 15.0 pips | 20.0 pips | 30.0 pips |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Octa offers powerful trading platforms that cater to different traders | Octa has no local office in South Africa |
| The platform offers a diverse set of trading instruments | Octa is not regulated by any Tier-1 regulatory entities |
| Octa Group is regulated with 1 Tier-2 regulation CySEC (372/18). Their entity ‘Orinoco Capital (Pty) Ltd’ is Authorized under FSCA. | The demo account expires after 30 days |
| Octa accepts South African Rand (ZAR) transactions | There may be a perceived conflict of interest as a market maker when Octa earns from client losses |
| No commission on trading with any account type. Their spreads are low. | The minimum deposit is $25 or equivalent in ZAR if you are using bank transfer. |
Our Findings
Liberian traders rely on Octa as their trusted broker because it provides tight spreads combined with high leverage (up to 1:1000), zero-commission trading, MT4/MT5 platforms as well as robust regulatory oversight and educational resources for decision-making.
What are the typical spreads for Octa in Liberia?
Octa offers tight spreads starting from 0.6 pips on forex pairs, depending on market conditions.
Does Octa support Islamic (swap-free) accounts for Liberian traders?
Yes, Octa offers swap-free Islamic accounts for traders who follow Sharia-compliant trading principles.
Conclusion
The selection of a suitable forex broker in Liberia should be based on regulatory status and trading environment quality, platform effectiveness, and the quality of customer support services. The forex brokers XM, Exness, HFM, FBS, and Octa present Liberian traders with competitive spreads together with high leverage while offering multiple account types within secure trading platforms. The brokers enable traders to use MT4/MT5 platforms in addition to delivering quick transaction processes as well as comprehensive educational materials for new and skilled investors. The most suitable broker varies based on personal trading requirements while free trading tools and reliability standards should be your criteria.
Frequently Asked Questions
Are all the forex brokers in Liberia regulated?
No, not all the forex brokers who offer services in Liberia are regulated; however, most of the forex brokers in Liberia on this list have been in operation for years and are regulated. Liberian traders who want to ensure client fund security can check online whether there are any reports or warnings against these brokers.
Do forex brokers in Liberia offer demo accounts?
Most of the forex brokers in Liberia on this list offer traders access to a demo account.
Is forex trading legal in Liberia?
Yes. Forex trading is not an activity that is considered illegal in Liberia. However, there are no regulatory frameworks in place to protect Liberian traders from scams or fraudulent brokers who offer their services.
Are forex trading profits taxable in Libya?
Yes, any profits earned from trading forex are taxable in Libya.
Top 4 Brokers
