Forex trading has exploded around the world, especially in developing countries such as Morocco. Without a regulating authority of its own, or a legal framework that incorporates forex trading, Moroccan traders are at the mercy of international brokers that accept traders.
The process involved in selecting the right forex broker may be a tedious and time-consuming task and for this reason, Moroccan traders can view the brokers on the list below to find some of the best forex brokers that accept traders from many countries around the world.
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IQ Option
Overview
Established in 2016, IQ Option is a regulated and reputable Market Maker broker that offers traders from around the world with a range of financial instruments which can be traded through a proprietary trading platform.
Traders are also offered with a safe and secure trading environment, competitive trading conditions, and the reassurance that funds are kept securely in segregated accounts.
Pros and Cons
PROS | CONS |
Strictly regulated | US clients not allowed |
Segregated client funds and member of ICF | Restricted leverage for non-professional traders |
Wide variety of financial instruments | Fixed spread accounts not offered |
User-friendly trading platform |
Features
Feature | Information |
Regulation | CySEC |
Minimum deposit from | $10 |
Average spread from | 5 pips on GBP/USD |
Commissions from | $0 |
Deposit/Withdrawal Fees | Some fees may apply |
Maximum Leverage | 1:30 |
Bonuses | No |
Customer Support | 24/5 |

FXTM
Overview
FXTM has been in operation for more than a decade and offers traders from around the world with comprehensive trading solutions. Traders also have a choice between dynamic account types, access to transparent fees, powerful trading platforms, and a variety of tradable financial instruments.
Pros and Cons
PROS | CONS |
Strictly regulated by several entities | US clients not accepted |
Range of tradable assets | Restricted leverage for EU-clients |
Commission-free trading offered | |
Low minimum deposit required |
Features
Feature | Information |
Regulation | CySEC, FCA, FSC, FSCA |
Minimum deposit from | $10 |
Average spread from | 0.0 pips |
Commissions from | $2 |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:2000 |
Bonuses | Yes |
Customer Support | 24/5 |

Olymp Trade
Overview
Established in 2014, Olymp Trade is a STP broker which is headquartered in Saint Vincent and the Grenadines, providing comprehensive trading solutions and services to traders from around the world.
Traders can also expect low minimum deposit requirements, market news and analysis, and dedicated multi-lingual customer support available 24/7.
Pros and Cons
PROS | CONS |
Low minimum deposit requirement | No MetaTrader |
Market news as well as analysis | No regulation |
Multilingual customer support available 24/7 | Social trading not offered |
Proprietary trading platform | Trade automation not supported by trading platform |
Features
Feature | Information |
Regulation | None |
Minimum deposit from | $10 |
Average spread from | None charged |
Commissions from | 0.00400% |
Deposit/Withdrawal Fees | Some fees may apply |
Maximum Leverage | 1:500 |
Bonuses | No |
Customer Support | 24/7 |

FxPro
Overview
FxPro is a reputable NDD broker headquartered in the United Kingdom with regulation and authorisation to offer comprehensive trading solutions and services to traders from around the world.
With FxPro, traders can expect competitive trading conditions consisting of competitive spreads and commissions, access to multiple modern, flexible trading platforms, and access to a variety of trading tools.
Pros and Cons
PROS | CONS |
Strict and multiple regulations | US, Iraq, and Canada clients not accepted |
Multiple modern trading platforms | Managed accounts and social trading not supported |
Premium trader tools | Crypto trading not supported |
VPS access | Wide spreads |
Expert analysis from Trading Central | High commissions |
Features
Feature | Information |
Regulation | FCA, CySEC, FSCA, DFSA, SCB |
Minimum deposit from | $100 |
Average spread from | 0.0 pips |
Commissions from | $4.5 |
Deposit/Withdrawal Fees | None |
Maximum Leverage | 1:500 |
Bonuses | None |
Customer Support | 24/5 |

eToro
Overview
eToro is a reputable and well-established Market Maker broker that has multi-regulation and authorisation to offer its comprehensive trading solutions and services to traders from around the world.
eToro is also the leading online social trading platform in the industry, providing traders with several social trading opportunities, access to a large online community, competitive trading conditions, and solutions that cater for both retail and professional traders.
Pros and Cons
PROS | CONS |
Commission-free trading offered | Fixed spread accounts not provided |
Large online trading community | MetaTrader 4 and 5 not offered |
Leading social trading platform | No US clients |
Features
Feature | Information |
Regulation | ASIC, FCA, CySEC |
Minimum deposit from | $200 |
Average spread from | 3 pips on EUR/USD |
Commissions from | $0 |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:400 |
Bonuses | None |
Customer Support | 24/6 |

IC Markets
Overview
IC Markets is a reputable and well-established Australian-based broker in addition to being the largest true ECN broker in the industry, offering traders from around the world with more than 230 financial instruments that can be traded.
Traders can also expect transparent and low trading and non-trading fees, the use of a variety of trading strategies including hedging and scalping, and a vast number of social trading opportunities.
Pros and Cons
PROS | CONS |
Strictly regulated | US clients not allowed |
Low trading and non-trading fees | Fixed spreads not offered |
Tight and competitive spreads | |
Hedging and scalping allowed | |
Social trading supported |
Features
Feature | Information |
Regulation | ASIC |
Minimum deposit from | $200 |
Average spread from | 0.0 pips |
Commissions from | $3 |
Deposit/Withdrawal Fees | None |
Maximum Leverage | 1:500 |
Bonuses | None |
Customer Support | 24/5 |

OctaFX
Overview
Established in 2011, Octa is a reputable and well-regulated ECN and STP broker that offers Moroccan traders with a range of tradable forex and CFD instruments spread across several asset classes.
Moroccan traders that use Octa have access to a choice in dynamic account types, commission-free trading options, and the use of a variety of trading strategies such as hedging and scalping. Another benefit is that retail accounts have negative balance protection which is automatically applied.
Pros and Cons
PROS | CONS |
Well-regulated | No US Clients |
Commission-free trading offered | Limited financial instruments |
Fixed spread accounts offered | |
Negative balance protection |
Features
Feature | Information |
Regulation | FSA SVG, CySEC |
Minimum deposit from | $100 |
Average spread from | 0.0 pips |
Commissions from | $0.02 |
Deposit/Withdrawal Fees | None |
Maximum Leverage | 1:500 |
Bonuses | Yes |
Customer Support | 24/5 |

FBS
Overview
FBS is a Belize-based STP and ECN broker that has built up a good reputation for itself in the forex trading world. Traders are provided with access to more than 75 financial instruments which can be traded, a variety of account types, social trading opportunities and low minimum deposit requirements when they register a live trading account.
Pros and Cons
PROS | CONS |
Competitive trading conditions | High spreads on some accounts |
Multiple account types offered | Limited tradable assets |
Social trading supported | Limited trading platform and tools offered |
Ultra-low minimum deposit requirement | Several countries restricted including US, UK, Japan, Israel, and others |
Features
Feature | Information |
Regulation | IFSC, CySEC |
Minimum deposit from | $1 |
Average spread from | 0.0 pips |
Commissions from | $6 |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:3000 |
Bonuses | Yes |
Customer Support | 24/7 |

Trading 212
Overview
Trading 212 has been in operation since 2006 and is a reputable STP broker that has offices based in the United Kingdom and Bulgaria. With Trading 212, traders are provided with the trade in more than 2,000 financial instruments, a powerful proprietary trading platform, and competitive trading conditions.
Pros and Cons
PROS | CONS |
Strict regulation | US clients not allowed |
Member of FSCS | Limited leverage for non-professional traders |
Commission-free trading | MetaTrader not offered |
Intuitive and user-friendly trading platform | |
Low minimum deposit |
Features
Feature | Information |
Regulation | FCA, FSC |
Minimum deposit from | $1 |
Average spread from | Not indicated |
Commissions from | $0 |
Deposit/Withdrawal Fees | Some fees may apply |
Maximum Leverage | 1:300 |
Bonuses | None |
Customer Support | 24/7 |

AvaTrade
Overview
AvaTrade is a multi-award-winning, multi-regulated, and multi-asset broker that offers Moroccan traders with the trade in more than 250 financial instruments spread across several asset classes. Traders are also granted with access to multiple powerful and flexible trading platforms in addition to AvaTrade’s own powerful proprietary trading platform.
Traders can also expect competitive trading conditions, a vast number of social trading opportunities, and a safe and dynamic trading experience.
Pros and Cons
PROS | CONS |
Award-winning broker | Variable spreads not offered |
Competitive trading conditions | Only one account type for either retail or professionals |
Fast trade execution | US Clients not allowed |
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 |

easyMarkets
Overview
easyMarkets is a reputable and well-established broker that offers Moroccan traders with comprehensive trading solutions.
With easyMarkets, traders can expect access to fixed spread account types that are suited to the varying needs and objectives of both beginners and professionals, free guaranteed stops, and negative balance protection which is applied to retail accounts.
Pros and Cons
PROS | CONS |
Commission-free trading offered | Forex spreads start from 1 pip |
Fixed spread accounts offered | Variable spread accounts not offered |
Free guaranteed stops | US Clients not allowed |
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 |

HotForex
Overview
HotForex is a broker that has an international presence, offering traders from around the world with some of the best trading conditions in the industry.
With HotForex, traders can expect a choice in dynamic, flexible trading accounts, powerful trading platforms, and access to competitive trading conditions and an array of bonuses and promotions that will help traders kickstart their trading journey.
Pros and Cons
PROS | CONS |
Strictly and well-regulated | US clients not allowed |
Strong international presence | |
Competitive trading conditions offered | |
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 |

XM
Overview
Established in 2009, XM is one of the largest brokers in the industry, serving more than 2.5 million traders who reside in 197 countries around the world.
With XM, traders can choose between a variety of flexible trading accounts, a variety of financial instruments to trade, the benefit of negative balance protection which is applied to retail accounts, and the use of powerful trading platforms.
Pros and Cons
PROS | CONS |
Strict regulation through FCA | US clients not accepted |
Negative balance protection | No fixed spread accounts offered |
Competitive trading conditions | |
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 |

Alpari
Overview
Established in 1998, Alpari is a well-regulated and multi-asset broker that has offices in several jurisdictions around the world, offering traders with some of the best trading conditions in the industry.
As an ECN and STP broker, Alpari offers traders with some of the best prices and execution speeds, multilingual support, access to managed accounts, and the use of versatile, user-friendly trading platforms.
Pros and Cons
PROS | CONS |
Well-regulated | Restriction on traders from some countries |
MetaTrader 4 and 5 offered | Limited financial instruments offered |
PAMM Accounts offered | Fixed spread accounts not offered |
Features
Feature | Information |
Regulation | FSC, FSA |
Minimum deposit from | $5 |
Average spread from | 0.4 pips |
Commissions from | $1.5 per lot per side |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:1000 |
Bonuses | Yes |
Customer Support | 24/5 |

XTB
Overview
XTB has been in operation since 2004 and is a large forex and CFD broker in addition to being one of few brokers listed on a stock exchange. XTB offers traders with a personal approach, helping them reach and achieve their unique and individual goals and objectives in trading.
Traders are assigned a personal account manager, helping them make informed trading decisions and traders are also provided with some of the best trading conditions in the industry.
Pros and Cons
PROS | CONS |
Competitive trading conditions offered | EU clients restricted to leverage of 1:30 |
Islamic Account provided as a standalone account | Fixed spreads not offered |
Negative balance protection offered | US clients not allowed |
Strict regulation |
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 |

Pepperstone
Overview
Established in 2010, Pepperstone is a well-regulated and large broker that serves traders from around the world. Traders can expect competitive trading conditions, social trading opportunities, the use of a variety of trading strategies, and award-winning and dedicated customer support.
Pros and Cons
PROS | CONS |
Well-regulated | No US clients |
Award-winning customer support | No fixed spread accounts |
Competitive trading conditions | |
Social trading offered | |
Hedging and scalping allowed |
Features
Feature | Information |
Regulation | ASIC, FCA, DFSA |
Minimum deposit from | $200 |
Average spread from | 1 pip |
Commissions from | AU$3.5 |
Deposit/Withdrawal Fees | None |
Maximum Leverage | 1:500 |
Bonuses | Yes |
Customer Support | 24/5 |

Exness
Overview
Exness has been in operation since 2008 and is a popular broker that caters for both beginners and professional traders from around the world. Exness offers competitive trading conditions, a high maximum leverage ratio, and the use of powerful, sophisticated trading technology.
Pros and Cons
PROS | CONS |
Strictly regulated | US Clients not allowed |
High maximum leverage offered | Accounts are not multi-currency |
Powerful trading platforms supported | |
Variety of financial instruments |
Features
Feature | Information |
Regulation | CySEC, FCA, SFSA |
Minimum deposit from | $1 |
Average spread from | 0.0 pips |
Commissions from | From $3.5 per lot per side |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:2000 |
Bonuses | None |
Customer Support | 24/5 |

FXPRIMUS
Overview
FXPRIMUS is a multi-regulated ECN and STP broker that has been in operation since 2009, offering traders from around the world with comprehensive trading solutions and services.
Emphasis is placed on client fund security while FXPRIMUS makes use of only the newest and most innovative technology to improve their offering to traders. With FXPRIMUS, traders can expect a choice in account types, negative balance protection on retail accounts, and commission-free trading options on some accounts.
Pros and Cons
PROS | CONS |
Well-regulated | No US Clients |
Negative balance protection offered | No FCA Regulation or authorization |
Commission-free trading on some accounts | Restricted leverage of 1:30 for EU-clients |
ECN Accounts offered | 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 |

FP Markets
Overview
Established in 2005, FP Markets is a well-regulated and popular ECN, STP, and DMA broker that is based in Australia. Traders have access to more than 10,000 tradable financial instruments, a range of flexible accounts, commission-free trading options, the use of powerful trading platforms, and ECN pricing as well as trade execution.
Pros and Cons
PROS | CONS |
Well-regulated by reputable entities | US clients not accepted |
Range of tradable financial instruments | Fixed spreads not offered |
Commission-free trading offered | |
ECN-Pricing model |
Features
Feature | Information |
Regulation | ASIC, CySEC, SVGFSA |
Minimum deposit from | AU$100 |
Average spread from | 0.0 pips |
Commissions from | US$3 |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:500 |
Bonuses | None |
Customer Support | 24/5 |

RoboForex
Overview
Established in 2009, RoboForex is a well-regulated, award-winning Market Maker broker that is headquartered in Belize, offering traders with the trade in more than 9,400 financial instruments which are spread across several asset classes.
Traders can expect a choice in dynamic and flexible account types, with each account tailored to the different trading needs and objectives that traders may have. Retail accounts come with negative balance protection and traders can trade through powerful trading platforms.
Pros and Cons
PROS | CONS |
Strictly regulated | No US clients |
Negative balance protection provided | Fixed spread accounts not offered |
Flexible account types offered | |
Multiple trading platforms supported |
Features
Feature | Information |
Regulation | IFSC |
Minimum deposit from | $10 |
Average spread from | 0.0 pips |
Commissions from | $0.0045 |
Deposit/Withdrawal Fees | Yes |
Maximum Leverage | 1:2000 |
Bonuses | Yes |
Customer Support | 24/7 |

BDSwiss
Overview
BDSwiss is a reputable broker that has more than 1 million traders that are registered and using its comprehensive trading solutions. BDSwiss is a broker that is well-known for the trading conditions it offers to traders from around the world, despite whether they are beginners or experts in trading.
Pros and Cons
PROS | CONS |
MetaTrader 4 and 5 available | High minimum deposit |
Multiple regulations |
Features
Feature | Information |
Regulation | CySEC, FSC, NFA, EFSA |
Minimum deposit from | $200 |
Average spread from | 1.3 pips |
Commissions from | 0.1% for stock and CFDs |
Deposit/Withdrawal Fees | 10 EUR from 20 EUR upwards |
Maximum Leverage | 1:500 |
Bonuses | Yes |
Customer Support | 24/5 |

NordFX
Overview
NordFX has been in operation since 2008 and is a reputable and well-regulated ECN, NDD, and STP broker that offers comprehensive trading solutions to both beginner and professional traders. With NordFX, traders can expect tight spreads, low commissions on trades, high leverage, and a dynamic, safe trading environment.
Pros and Cons
PROS | CONS |
Strictly regulated | Limited financial instruments |
High leverage up to 1:1000 | Lack of daily market analysis |
Low minimum deposit requirements | Social trading not offered |
PAMM Accounts offered | US Clients not allowed |
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 |

HYCM
Overview
HYCM was established in the 1970s and for the past few decades it has offered traders from around the world with comprehensive and competitive trading solutions and services. HYCM is a trusted brand in the trading industry and traders can expect fast trade execution, a variety of trading tools, and an enormous range of tradable financial instruments spread across several asset classes.
Pros and Cons
PROS | CONS |
Well-regulated | US Clients not allowed |
Commission-free trading offered | Only two trading platforms offered |
High speed trade execution | |
Competitive trading conditions | |
MetaTrader 4 and MetaTrader 5 supported |
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 |

Tickmill
Overview
Established in 2015, Tickmill is a reputable and well-established ECN and STP broker that offers traders with a dynamic trading experience, a secure trading environment, a range of instruments to trade, and the advantage of commission-free trading options.
Pros and Cons
PROS | CONS |
Strictly regulated by multiple regulatory entities | US Clients not allowed |
Commission-free trading offered | Fixed spreads not offered |
Variety of trading tools offered | Cryptocurrency trading not supported |
Variety of financial instruments | |
Powerful trading platforms supported |
Features
Feature | Information |
Regulation | FCA, CySEC, FSA |
Minimum deposit from | $100 |
Average spread from | 0.0 pips |
Commissions from | From $1 |
Deposit/Withdrawal Fees | None |
Maximum Leverage | 1:500 |
Bonuses | Yes |
Customer Support | 24/5 |

City Index
Overview
City Index was founded in 1983 and is a large, well-known broker in trading circles. Traders from around the world trade with City Index, making use of the broker’s unique and competitive trading conditions, advanced platforms and trading tools, tight spreads, low fees, and fast trade execution speeds.
Pros and Cons
PROS | CONS |
Advanced platforms and tools | Fixed spreads not offered |
Negative balance protection offered | US clients not allowed |
Strictly regulated | Limited payment methods supported |
Tight spreads, low fees, and superior execution speeds |
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
Established in 2007, Axi is a reputable and popular broker that was founded by traders for traders, with the aim of helping traders achieve their trading goals and objectives by offering some of the best trading solutions and services in the industry.
Axi caters for both beginners and professionals, offers commission-free trading accounts, access to AutoChartist, and PsyQuation.
Pros and Cons
PROS | CONS |
Strict regulation | No US Clients |
Commission-free accounts offered | Fixed spreads not provided |
MetaTrader NextGen offered | Restricted leverage for EU clients |
Access to AutoChartist and PsyQuation |
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 |

Forex.com
Overview
Forex.com has been in operation since 2001 and is a well-established ECN, DMA, and STP broker that is regulated by several reputable entities in offering traders from around the world with online trading opportunities.
Traders are provided with access to more than 300 financial instruments that can be traded, advanced trading tools, Advanced and user-friendly trading platforms, and an execution scorecard that guarantees fast and reliable trade execution speeds.
Pros and Cons
PROS | CONS |
Strictly Regulated | Limited payment methods |
US Clients welcome | Fixed spreads not offered |
Advanced, powerful trading platforms | |
Advanced trading tools offered | |
Execution scorecard |
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 |
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FAQ
Why is forex trading so popular?
Forex trading is popular for several reasons, some of which include the volatility of the market, the liquidity, accessibility, technology, and the vast number of trading opportunities and possibilities.
Which forex brokers are the best?
The forex brokers on this list are some of the best brokers that cater for Moroccan traders.
Can beginners trade in forex?
Yes, however, beginners must ensure that they first familiarise themselves with the basics and build up some experience before they enter a live trading environment where they can lose their capital.
Do these forex brokers offer demo accounts?
Yes, these forex brokers offer demo accounts.
Which are the best trading platforms to use for forex trading?
There are many trading platforms that cater for forex trading, however, MetaTrader 4 and 5 are two of the most popular choices when trading not only forex, but other financial instruments as well.
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