Mauritania is a country which located in Northwest Africa. It is the eleventh largest sovereign state on the African continent and has a population of 4,403 people.
Mauritania is a country which is rich in natural resources and interest in forex trading is increasing rapidly in its population, especially amongst younger generations. Even though there is no regulatory entity overseeing the trading of forex, there are however many brokers that offer their services to traders in the country.
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XTB
Overview
Established in 2004, XTB is a well-regulated and reputable STP, ECN, and DMA broker that is headquartered in several locations, with corresponding regulation and authorisation in each to offer traders from around the world with competitive and comprehensive solutions.
In addition, XTB is also one of the largest brokers and one of few listed on a stock exchange.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | Fixed spreads not offered |
| Negative balance protection offered | Restricted leverage of 1:30 for EU Clients |
| Standalone Islamic Account offered | US Clients not allowed |
| Variety of financial instruments offered | |
| Well regulated |
Features
| Feature | Information |
| Regulation | ACPR, BaFin, CNMV, FCA, IFSC, KNF |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips |
| Commissions from | $3.50 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
easyMarkets
Overview
easyMarkets has been in operation since 2011 and for the past decade, the broker has offered traders from around the world with some of the best, most favourable trading solutions.
When trading with easyMarkets, traders can rest assured that they are offered competitive trading conditions, transparent pricing and fee schedules, friendly trading services, and access to powerful trading platforms through which trades can be executed at optimal speeds.
Pros and Cons
| PROS | CONS |
| Commission-free trading offered | Forex spreads start from 1 pip |
| Fixed spread accounts offered | US Clients not allowed |
| Free guaranteed stops | Variable spread accounts not offered |
| Negative balance protection | |
| Well-regulated |
Features
| Feature | Information |
| Regulation | ASIC, CySEC |
| Minimum deposit from | $100 |
| Average spread from | 0.9 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:400 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FXPRIMUS
Overview
FXPRIMUS is a reputable and well-established ECN and STP broker which has strict regulation with FSCA, CySEC, and VFSC. FXPRIMUS operates in several jurisdictions around the world, offering traders with superior ECN account options, negative balance protection on retail trading accounts, and the option for commission-free trading.
Pros and Cons
| PROS | CONS |
| Commission-free trading on some accounts | Fixed spread accounts not offered |
| ECN Accounts offered | No FCA Regulation or authorization |
| Negative balance protection offered | No US Clients |
| VPS Service offered | Restricted leverage of 1:30 for EU-clients |
| Well-regulated | VIP Account necessary to gain access to the best trading conditions |
Features
| Feature | Information |
| Regulation | CySEC, FSCA, VFSC |
| Minimum deposit from | $500 |
| Average spread from | 0.0 pips |
| Commissions from | £10 per lot |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
HYCM
Overview
Established in 1977, HYCM is one of the oldest trading brokers in the industry. HYCM has, through its years in operation, earned the trust of traders from around the world. Traders can expect access to global financial markets through HYCM’s provision of financial instruments, spread across several asset classes, the use of powerful trading platforms, and commission-free trading options.
Pros and Cons
| PROS | CONS |
| Commission-free trading offered | Only two trading platforms offered |
| Competitive trading conditions | US Clients not allowed |
| High speed trade execution | |
| MetaTrader 4 and MetaTrader 5 supported | |
| Well-regulated |
Features
| Feature | Information |
| Regulation | CIMA, CySEC, DFSA, FSA |
| Minimum deposit from | $100 |
| Average spread from | 0.2 pips |
| Commissions from | $4 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:200 |
| Bonuses | Yes |
| Customer Support | 24/5 |
Forex.ee
Overview
Established in 2004, Forex.ee is an ECN broker based in Estonia, offering traders with the trade in forex and cryptocurrencies through the powerful MetaTrader 4. With ECN technology, Forex.ee ensures that there is no conflict of interest between itself and its traders.
Traders are provided with modern and dynamic trading solutions and services, despite their trading knowledge, skills, or experience.
Pros and Cons
| PROS | CONS |
| MetaTrader supported | Daily market analysis not provided |
| One click trading offered | Fixed spread accounts not offered |
| PAMM Service provided | Limited trading instruments – only forex and crypto |
| Variety of account funding options provided | Unregulated |
| Variety of accounts offered | US Clients not accepted |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $50 |
| Average spread from | 0.0 pips |
| Commissions from | 0.5% of trade volume in base account currency on cryptocurrencies |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
GO Markets
Overview
Founded in 2006, GO Markets is a popular and reputable broker which is regulated and authorised by the ASIC in facilitating the trade in more than 250 financial instruments.
GO Markets is an ECN and STP broker that has more than 80,000 registered traders who make use of the broker’s comprehensive solutions and services.
Pros and Cons
| PROS | CONS |
| Commission-free trading offered | No fixed spreads |
| Demo account offered | US clients not allowed |
| Islamic Account option provided | |
| MetaTrader 4 and MetaTrader 5 offered | |
| Well- and regulated |
Features
| Feature | Information |
| Regulation | ASIC |
| Minimum deposit from | AU$200 |
| Average spread from | 0.0 pips |
| Commissions from | $3 per single side |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
ThinkMarkets
Overview
ThinkMarkets is another trusted name in the trading industry, offering traders with the trade in several asset classes, offering some of the most competitive trading conditions, and the benefit of commission-free trading on some account types.
In addition, traders also have access to a demo account, powerful trading platforms, and reliable, fast trade execution.
Pros and Cons
| PROS | CONS |
| Commission-free trading account | Fixed spread accounts not offered |
| Competitive trading conditions | Leverage restricted for EU clients |
| Islamic Account option and demo account provided | No US clients |
| Strict regulation | |
| VPS service |
Features
| Feature | Information |
| Regulation | ASIC, FCA |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips |
| Commissions from | $3.5 per side |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/6 |
Globex360
Overview
Globex360 was founded in 2017 and still a young broker, however, the broker has started making a name for itself in the industry through its comprehensive trading solutions. Traders have access to a variety of financial instruments, competitive trading conditions, and access to MetaTrader 4 through which trades can be executed seamlessly.
Pros and Cons
| PROS | CONS |
| Copy trading platform offered | Clients from US, Belgium and Canada not allowed |
| FIX API offered | Limited payment methods supported |
| Islamic accounts provided | Limited trading instruments |
| MetaTrader 4 offered | No Live Chat function or support |
| Regulated broker | Not the lowest spreads or commissions |
Features
| Feature | Information |
| Regulation | FSCA |
| Minimum deposit from | $100 |
| Average spread from | 1.2 pips |
| Commissions from | $8 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
Weltrade
Overview
Weltrade has been in operation since 2006 and is a well-established online trading broker based in Saint Vincent and the Grenadines. Weltrade was founded by professionals who possess extensive experience in both finance and internet technologies.
Through combined efforts, this team aims to provide traders with competitive trading conditions, 24/7 dedicated customer support, ample social trading opportunities, and access to global financial markets.
Pros and Cons
| PROS | CONS |
| 24/7 global customer support | Limited financial instruments |
| Social trading supported through ZuluTrade | Not the tightest spreads |
| Variety of account options | Offshore broker |
| Wide selection of funding and withdrawal options | Stock trading not offered |
| Unregulated |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $25 |
| Average spread from | 0.0 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Some fees may be charged |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/7 |
Orbex
Overview
Orbex is a Cyprus and Mauritius-based STP and ECN broker that caters for traders from all over the world. With Orbex, traders can expect competitive trading conditions, fast and seamless trade execution, and a choice in trading accounts.
Orbex makes provision for retail and professional traders, aiming to cater for the trading needs, objectives, and various trading styles that traders have.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | High minimum deposit requirement |
| Fast and seamless execution | No Social trading support |
| MetaTrader 4 supported | No US clients |
| Variety of account types offered | Stocks and Cryptocurrency trading not offered |
| Well-regulated |
Features
| Feature | Information |
| Regulation | CySEC |
| Minimum deposit from | $200 |
| Average spread from | 0.0 pips |
| Commissions from | $5 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
Land-FX
Overview
Established in 2008, Land-FX is a UK-based STP and ECN broker which was founded by a group of financial experts. The aim behind Land-FX’s offering is to cater for all traders across differing levels of trading experience, skills, knowledge, and styles.
Land-FX also places a lot of emphasis in growth in the financial world, which is technology driven, with the aim of becoming an industry leader in trading solutions.
Pros and Cons
| PROS | CONS |
| Multiple payment options | Individual stock trading and cryptocurrencies not offered |
| PAMM Accounts offered | Lack of education |
| Social trading supported through ZuluTrade | Limited trading instruments |
| Well-regulated | US Clients not allowed |
Features
| Feature | Information |
| Regulation | FCA, SVGFSA, FMA |
| Minimum deposit from | $300 |
| Average spread from | 0.0 pips on EUR/USD |
| Commissions from | $0 – $6 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
City Index
Overview
Established in 1983, City Index has a rich history in offering traders with comprehensive services and competitive trading conditions. Traders can trade in a variety of markets on City Index’s powerful and innovative proprietary trading platform. Traders can also expect tight spreads, negative balance protection, and low commission charges on trades.
Pros and Cons
| PROS | CONS |
| Advanced platforms and tools | Fixed spreads not offered |
| Negative balance protection offered | Limited payment methods supported |
| Strictly regulated | US Clients not allowed |
| Tight spreads, low fees, and superior execution speeds | |
| Trading signals provided |
Features
| Feature | Information |
| Regulation | ASIC, FCA, MAS |
| Minimum deposit from | $100 |
| Average spread from | 0.5 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
Axi
Overview
Founded in 2007, Axi was established by professional traders who work towards providing traders from around the world with some of the best trading solutions in the industry. Traders who trade through Axi are provided with commission-free trading accounts, MetaTrader NextGen, access to AutoChartist and PsyQuation, and more.
Pros and Cons
| PROS | CONS |
| Access provided to AutoChartist and PsyQuation | EU-clients restricted on leverage offered |
| Accounts are commission-free | Fixed spreads not offered |
| MetaTrader 4 NextGen provided | US clients not allowed |
| Strict regulation |
Features
| Feature | Information |
| Regulation | ASIC, FCA |
| Minimum deposit from | $0 |
| Average spread from | 0.0 pips |
| Commissions from | $7 per round turn |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
ForexChief
Overview
ForexChief has been in operation since 2014 and is a forex and CFD broker offering traders from around the world the trade in more than 60 financial instruments. With ForexChief, traders have access to multiple payment methods, a choice between eight different account types, and the use of either MetaTrader 4 or MetaTrader 5.
Pros and Cons
| PROS | CONS |
| A choice in 8 different account types | Incomprehensive market news and market analysis |
| Dedicated customer support | Limited financial instruments |
| MetaTrader 4 and MetaTrader 5 supported | Offshore regulation |
| Multiple payment options | US clients not allowed |
Features
| Feature | Information |
| Regulation | VFSC |
| Minimum deposit from | $50 |
| Average spread from | 0.0 pips |
| Commissions from | $1.5 per lot per side |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/7 |
Fibogroup
Overview
Fibogroup has been in operation since 1998 as a global facilitator and provider of both CFD and forex financial instruments. These financial instruments can be traded through flexible trading platforms. Traders are also offered with social trading opportunities, a variety of account types, and multilingual support.
Pros and Cons
| PROS | CONS |
| Flexible trading platforms | Limited education |
| Multilingual customer support | Limited tradable financial instruments |
| Multiple account types offered | Market Maker broker |
| PAMM Accounts offered | USA, Australia, Iraq, Belgium, Austria, and other countries not allowed |
| Social trading supported |
Features
| Feature | Information |
| Regulation | FSC BVI, CySEC |
| Minimum deposit from | $1 |
| Average spread from | 0.0 pips |
| Commissions from | 0.003% |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
LMFX
Overview
LFMX is an offshore broker that caters for both retail and institutional traders from around the world. Traders are offered with comprehensive trading solutions which includes a variety of fixed spread accounts, commission-free trading options, competitive trading conditions, and access to advanced trading calculators.
Pros and Cons
| PROS | CONS |
| Advanced trading calculators offered | Limited trading platforms |
| Commission-free trading offered | Limited trading tools |
| Competitive trading conditions | Not regulated |
| Fixed spread accounts offered | |
| Variety of financial instruments offered |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $50 |
| Average spread from | 0.0 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FXGlory
Overview
FXGlory was established in 2011 and for the past decade, as a Market Maker broker, has been offering traders with 24/7 dedicated support, flexible account funding options, a range of forex and CFD instruments and low deposit requirements when registering a live trading account.
Pros and Cons
| PROS | CONS |
| 24/7 dedicated support | ECN execution not supported |
| Fixed spread accounts offered | Limited financial instruments |
| Flexible account funding | Limited trading platforms offered |
| Low minimum deposit | Unregulated |
| Swap-free accounts offered | Variable spread accounts not offered |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $1 |
| Average spread from | 0.1 pips |
| Commissions from | None |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:3000 |
| Bonuses | Yes |
| Customer Support | 24/7 |
NordFX
Overview
NordFX has been in operation since 2008 and is a well-regulated ECN, STP, and NDD broker which offers its comprehensive solutions to both beginner and professional traders. With NordFX, traders have access to high leverage ratios, low minimum deposit requirements, managed accounts, and discounted VPS.
Pros and Cons
| PROS | CONS |
| Discounted VPS access offered | Lack of daily market analysis |
| High leverage up to 1:1000 | Limited financial instruments |
| Low minimum deposit requirements | Social trading not offered |
| PAMM Accounts offered | US Clients not allowed |
| Strictly regulated |
Features
| Feature | Information |
| Regulation | VFSC, CySEC |
| Minimum deposit from | $10 |
| Average spread from | 0.0 pips |
| Commissions from | 0.0035% |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:1000 |
| Bonuses | None |
| Customer Support | 24/5 |
FreshForex
Overview
FreshForex is an ECN and STP broker which was established in 2004 with the goal of catering for traders from around the world with its ‘Smart Bridge’ technology, a variety of trading signals which are offered, and competitive trading conditions consisting of tight spreads, and low commissions.
Pros and Cons
| PROS | CONS |
| Daily analysis and trading signals offered | Limited range of financial instruments |
| Fixed and variable spreads offered | North Korea, Spain, UK, and US clients not accepted |
| Flexible account types offered | Spreads have mark-up |
| Minimum deposit not required | Unregulated |
| VPS access offered |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $0 |
| Average spread from | 0.0 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:2000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
IG
Overview
IG is one of the largest, oldest, and most trusted brokers in the industry. Offering traders with a large variety of financial instruments which can be traded through a multitude of trading platforms.
IG is highly reputable and regulated by several regulatory entities in offering its services to traders from around the world. Despite the trading needs or objectives that traders may have, IG is bound to offer traders with comprehensive solutions and a competitive edge to their trading.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | High minimum deposit requirement |
| Longstanding history and good reputation | |
| Over 16,000 financial instruments | |
| Regulated by multiple reputable entities | |
| Variety of account options offered |
Features
| Feature | Information |
| Regulation | FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips on Indices |
| Commissions from | 0.10% CFD EU |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:200 |
| Bonuses | None |
| Customer Support | 24/5 |
XM
Overview
With more than 2.5 million registered traders, XM is another large and reputable online trading broker that caters for traders despite their trading experience, needs, objectives, or varying styles.
With XM, traders are offered with some of the best trading solutions, dynamic trading account types, and powerful trading platforms through which trades can be executed seamlessly.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | No fixed spread accounts offered |
| Negative balance protection | US clients not accepted |
| Strict regulation through FCA | |
| Variety of account types offered |
Features
| Feature | Information |
| Regulation | FCA |
| Minimum deposit from | $5 |
| Average spread from | 0.0 pips |
| Commissions from | $1 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:888 |
| Bonuses | Yes |
| Customer Support | 24/5 |
AvaTrade
Overview
AvaTrade is a multi-award-winning, reputable broker that offers the trade in more than 250 financial instruments through a variety of trading platforms. With AvaTrade, traders can expect fast trade executions, quality of service and dedicated customer support.
Pros and Cons
| PROS | CONS |
| Award-winning broker | Only one account type for either retail or professionals |
| Competitive trading conditions | US Clients not allowed |
| Fast trade execution | Variable spreads not offered |
| Social trading offered | |
| Well-regulated |
Features
| Feature | Information |
| Regulation | ASIC, BVI, CBI, FFAJ, FSA, FSCA |
| Minimum deposit from | $100 |
| Average spread from | 0.9 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:400 |
| Bonuses | Yes |
| Customer Support | 24/5 |
Capital.com
Overview
Capital.com has been in operation since 2016 and is a well-regulated broker serving more than 360,000 registered traders from around the world. Capital.com offers traders access to more than 2,000 financial instruments which can be traded, an advanced and flexible trading platform, educational tools, and resources, and more.
Pros and Cons
| PROS | CONS |
| Adequate education offered | MetaTrader not offered |
| Advanced proprietary trading platform offered | Restricted leverage for non-professionals |
| Investmate offered | US clients not allowed |
| Variety of financial instruments | |
| Well-regulated |
Features
| Feature | Information |
| Regulation | FCA, CySEC, NBRB |
| Minimum deposit from | $20 |
| Average spread from | 0.6 pips EUR/USD |
| Commissions from | None |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:30 |
| Bonuses | Yes |
| Customer Support | 24/5 |
Forex.com
Overview
Forex.com has been in operation since 2001 and is a well-established and reputable STP, ECN, and DMA broker that is regulated and authorised by several entities in facilitating the trade of more than 300 financial instruments.
Pros and Cons
| PROS | CONS |
| Advanced trading tools offered | Fixed spreads not offered |
| Advanced, powerful trading platforms | Limited payment methods |
| Execution scorecard | |
| Strictly Regulated | |
| US Clients welcome |
Features
| Feature | Information |
| Regulation | ASIC, CFTC, FCA, FSA, IIROC, JFSA, NFA |
| Minimum deposit from | $50 |
| Average spread from | $0.11 on XAU/USD |
| Commissions from | $0 – $5 |
| Deposit/Withdrawal Fees | No |
| Maximum Leverage | 1:50 |
| Bonuses | Yes – Active Trader |
| Customer Support | 24/5 |
Deriv
Overview
Deriv is a STP broker which is based in Malta and has been in operation since 2025. Deriv is regulated by MFSA, LFSA, VFSC, and BVI FSC in facilitating the trade of more than 100 financial instruments spread across a variety of asset classes.
Traders have access to competitive trading conditions and the use of SmartTrader and MetaTrader 5 through which trades can be executed.
Pros and Cons
| PROS | CONS |
| More than 100 tradable financial instruments offered | Islamic account option not offered |
| Multi-regulated | Not the lowest trading fees |
| Provision of powerful and advanced trading platforms | Standalone trading tools are not offered |
| Several ways to trade | US Clients not accepted |
| Variety of account types |
Features
| Feature | Information |
| Regulation | MFSA, LFSA, VFSC, BVI FSC |
| Minimum deposit from | $0 |
| Average spread from | 0.1 pips EUR/USD |
| Commissions from | None charged |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:000 |
| Bonuses | None offered |
| Customer Support | 24/7 |
HotForex
Overview
HotForex is a popular and reputable multi-asset broker which is headquartered in Cyprus with corresponding regulation through CySEC, FCA, DFSA, and FSCA. Traders are offered with a variety of bonuses, a variety of account types, and competitive trading conditions that suit the needs, objectives, and trading styles of various traders.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions offered | US Clients not allowed |
| Strictly and well-regulated | |
| Strong international presence | |
| Vast variety of account types offered |
Features
| Feature | Information |
| Regulation | CySEC, FCA, DFSA, FSCA |
| Minimum deposit from | $5 |
| Average spread from | 0.0 pips |
| Commissions from | $3 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
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Frequently Asked Questions
Are the forex brokers in Mauritania regulated by an oversight authority?
There is no authority in Mauritania that regulate forex trading brokers, but there are trusted brokers in Mauritania who are regulated by other oversight authorities that traders can use to trade forex.
Is cryptocurrency trading available in Mauritania?
Yes, growing income levels and adaptation of online technology has lead to an ever-increasing cryptocurrency trading volume in Mauritania.
Can Muslim traders open a forex trading account in Mauritania?
Yes, Muslim traders can open an Islamic swap free account with brokers in Mauritania who offers that type of account.
Do I have to pay tax on forex trading profits in Mauritania?
Yes, forex trading profits are taxable in Mauritania.
Top 4 Brokers
