27 Best Forex Brokers in Zambia

 

Yes, multiple Globally Regulated Forex Brokers offer their services to Forex Traders in Zambia.  Services offered include some of the most regulated trading accounts with reasonable minimum deposit amounts, advanced trading tools, and powerful trading platforms, including Metatrader 4 and Metatrader 5.

🔎 Account	💰 Minimum Deposit	🌐 Regulators
📌 Exness	$10	CySEC, FCA, South Africa FSCA, the Seychelles FSA, the BVI Financial Services Commission and the Central Bank of Curaçao.
📌 RoboForex	$10	IFSC
📌 IC Markets	$200	ASIC
📌 Alpari	$100	FSC
📌 LiteForex	$5	FSC, FSA
📌 FBS	$1	CySEC
📌 AMarkets	$100	IFC
📌 Forex.com	$100	FCA, NFA, FSA
📌 Vantage FX	$200	VFSC
📌 Admiral Markets	$1	FSA
📌 LQDFX	$20	None
📌 FXOpen	$10	ASIC
📌 IronFX	$100	FCA, ASIC, FSCA, CySEC
📌 FXPro	$100	CySEC
📌 FortFS	$5	IFSC
📌 ForexMart	$15	SVGFSA
📌 Fortade	$5	IFSC
📌 LMFX	$50	None
📌 HYCM	$100	FCA
📌 IFC Markets	$1	CySEC
📌 SuperForex	$1	IFSC
📌 ForexChief	$10	VFSC
📌 NPBFX	$10	IFSC
📌 Land FX	$300	FCA, FSA
📌 Weltrade	$0	None
📌 GlobeX360	$25	FSCA

 

10 Best Forex Brokers in Zambia – Overview

 

1. ✔️Exness
2. ✔️RoboForex
3. ✔️IC Markets
4. Alpari
5. LiteForex
6. FBS
7. AMarkets
8. Forex.com
9. Vantage FX
10. Admiral Markets

 

 

 

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Exness

 

Established in 2008, Exness is a reputable broker that is well-regulated by both tier-1 and tier-2 regulators including the FCA, SFSA, and CySEC.

Exness has become a popular choice in trading circles around the world. This is due to Exness accommodating all types.

 

 

 

Exness Pros and Cons

 

✔️ Pros	❌ Cons
Regulated by both CySEC and FCA	No Multi-currency account available
Client funds kept in segregated accounts
Dealing-Desk Broker
Tight spreads
130+ Currency Pairs with Multiple Trading Platforms

 

Exness Feature Overview

 

📝 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
🚀 Open an Account	👉 Click Here

 

Exness Account Options

 

📈 Standard Account	📉 Standard Cent Account	📊 Raw Spread Account	📈 Zero Account	📉 Pro Account
Leverage up to 1:2000 on MetaTrader 5 and unlimited on MetaTrader 4.	Market execution and the option of converting the account to an Islamic Account.	A minimum deposit of US Dollar 500.	A minimum deposit of US Dollar 500.	A minimum deposit of US Dollar 500.
Access to trading Forex, metals, cryptocurrencies, energies, and indices.	Unlimited leverage.	Leverage up to 1:2000 on MetaTrader 5 and unlimited on MetaTrader 4.	Leverage up to 1:2000 on MetaTrader 5 and unlimited on MetaTrader 4.	Leverage up to 1:2000 on MetaTrader 5 and unlimited on MetaTrader 4.
Commission-free trading.	Access to trading Forex and metals.	Access to trading Forex, metals, cryptocurrencies, energies, and indices.	Access to trading Forex, metals, cryptocurrencies, energies, and indices.	Access to trading Forex, metals, cryptocurrencies, energies, and indices.
Spreads from 0.3 pips.	Commission-free trading.	Commission charges up to US Dollar 3.5.	Commission charges from US Dollar 3.5.	Commission-free trading.
Minimum lot size of 0.01 lots.	Spreads from 0.3 pips.	Spreads from 0.0 pips.	Spreads from 0.0 pips.	Spreads from 0.1 pips.
Maximum lot size of 200 between 07H00 and 20H59 GMT+0 and 20 lots from 21H00 to 06H59 GMT+0.	Minimum lot size of 0.01 lots.	Minimum lot size of 0.01 lots.	Minimum lot size of 0.01 lots.	Minimum lot size of 0.01 lots.
An unlimited number of positions.	Maximum lot size of 100.	Maximum lot size of 200 between 07H00 and 20H59 GMT+0 and 20 lots from 21H00 to 06H59 GMT+0.	Maximum lot size of 200 between 07H00 and 20H59 GMT+0 and 20 lots from 21H00 to 06H59 GMT+0.	Maximum lot size of 200 between 07H00 and 20H59 GMT+0 and 20 lots from 21H00 to 06H59 GMT+0.
Hedging margin on 0% on Forex, metals, energies, and indices, and 100% on cryptocurrency.	Maximum of 1,000 positions.	An unlimited number of positions.	An unlimited number of positions.	An unlimited number of positions.
Margin call of 60% and stop out of 0%.	Hedging margin of 0%.	Hedging margin on 0% on Forex, metals, energies, and indices, and 100% on cryptocurrency.	Hedging margin on 0% on Forex, metals, energies, and indices, and 100% on cryptocurrency.	Hedging margin on 0% on Forex, metals, energies, and indices, and 100% on cryptocurrency.
Market execution and the option of converting the account to an Islamic Account.	Margin call of 60% and stop out of 0%.	Margin call of 30% and stop out of 0%.	Margin call of 30% and stop out of 0%.	Margin call of 30% and stop out of 0%.
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RoboForex

 

RoboForex is a well-established Market Maker, STP and ECN broker which offers traders access to global markets through its impressive range of 9,4000 financial instruments. Traders are also provided with a choice in dynamic, flexible trading accounts, a choice between trading platforms, and the advantage of negative balance protection applied to retail accounts.

 

 

 

 

RoboForex Pros and Cons

 

✔️ Pros	❌ Cons
Strictly regulated	Not available to U.S clients
Negative balance protection	Fixed spread accounts not offered
Flexible account types

 

RoboForex Benefit and Account Overview

 

✔️ RoboForex Benefits	💼 RoboForex Accounts	🚀 Open An Account
Allows Scalping	Prime Account	👉 Click Here
Allows Hedging	ECN Account	👉 Click Here
Offers STP	R Trader Account	👉 Click Here
Low Min Deposit	Pro-Cent Account	👉 Click Here
	Pro-Standard Account	👉 Click Here
	Islamic Account	👉 Click Here

 

 

 

 

 

 

IC Markets

 

IC Markets is the largest true ECN broker in the industry and has been in operation since 2007, catering to a variety of traders from around the world. Traders are provided with competitive trading conditions, low trading and non-trading fees, and a variety of financial instruments to trade.

 

 

 

 

IC Markets Pros and Cons

 

✔️ Pros	❌ Cons
True ECN broker with institutional grade liquidity.	Beginner traders may be overwhelmed by the choice of markets and platforms.
MetaTrader and cTrader available on desktop, web and mobile.
Wide range of tradable products with 24/7 customer support.
Impressive library of educational material and videos.

 

IC Markets Feature Overview

 

📝 Regulation	ASIC
💵 Minimum Deposit from	$200
📈 Average Spread from	0.0 Pips
💳 Commissions from	$3
🔁 Deposit/Withdrawal Fees	❌ No
➕ Maximum Leverage	1:500
📌 Bonuses	❌ No
🚀 Open an Account	👉 Click Here

 

IC Markets Account Options

 

🔎 Account	🔎 cTrader	🔎 Raw Spread	🔎 Standard
📈 Trading Platform	cTrader	MetaTrader	MetaTrader
💳 Commission (per lot)	$3.0 ($6.0 per lot roundturn)	$3.5 ($7.0 per lot roundturn)	$0.0
📉 Spreads from (pips)	0.0	0.0	0.6
💵 Starting Deposit (USD)	$200	$200	$200
📊 Leverage	1:500	1:500	1:500
📌Maximum number of position orders per account	2000	200	200
📍 Server Location	London	New York	New York
🔎 Micro Lot Trading (0.01)	✔️ Yes	✔️ Yes	✔️ Yes
💸 Currency Pairs	64	64	64
🔎 Index CFD Trading	✔️ Yes	✔️ Yes	✔️ Yes
🔎 Stop Out Level	50%	50%	50%
🔎 One Click Trading	✔️ Yes	✔️ Yes	✔️ Yes
حلال Islamic Accounts	✔️ Yes	✔️ Yes	✔️ Yes
✅ Trading Styles Allowed	All	All	All
❌ Order Distance Restriction	None	None	None
🔎 Programming Language	C#	MQL4	MQL4
🔎 Suitable For	Day Traders & Scalpers	EAs & Scalpers	Discretionary Traders
🚀Open an Account	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

Alpari

 

Established in 1998, Alpari is a regulated and well-established STP and ECN broker that has a customer base spanning the globe. With Alpari, traders can expect competitive trading conditions, a choice in account types, access to powerful trading platforms, and a range of tradable financial instruments spread across several asset classes.

 

 

 

 

Alpari Pros and Cons

 

✅ Pros	❎ Cons
Well-regulated	Restriction on traders from some countries
MetaTrader 4 and 5	Limited financial instruments offered
PAMM Accounts	Fixed spread accounts not offered

 

Alpari Feature Overview

 

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
🚀 Open an Account	👉 Click Here

 

Alpari Account Options

 

🔎 Account	📈 Forex Standard Account, MT4	📉 Forex Micro Account, MT4
Account Currency	USD / EUR / GBP / NGN	USD / EUR / GBP / NGN
Maximum deposit	❌ No	❌ No
Minimum deposit	$/€/£ 100, ₦20 000	$/€/£ 5, ₦1 000
Commission	❌ No	❌ No
Order execution	Instant Execution	Instant Execution
Spread	From 1.2	From 1.7
Margin Call	60%	50%
Stop Out	40%	30%
Swap-Free	✔️ Yes	✔️ Yes
Limit & Stop Levels	1 spread	1 spread
Pricing	5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals	5 decimals for FX (3 on JPY pairs), 2 decimals for Spot Metals
Trading Instruments	Majors, Minors, Exotics, RUB - 61 Spot Metals - 5 Spot CFDs - 14	Majors, Minors - 25 Spot Metals - 2
Instrument Naming	EURUSD_i	EURUSD_m
Minimum Volume per Trade	0.01	0.01
Step Lot	0.01	0.01
Maximum Volume per Trade	30	1
Maximum Number of Orders	unlimited	1000
Maximum Volume of Orders	100	5
Maximum Number of Pending Orders	100	100
Open an Account	Click Here	Click Here

 

 

 

 

 

 

 

LiteForex

 

Established in 2005, LiteForex a CFD and forex broker based in the Marshall Islands, with regulation and authorisation through CySEC, offering traders from around the world with advanced trading tools, a variety of social trading opportunities, and educational materials to help beginners navigate the complex online trading world involved with forex trading.

 

 

 

 

LiteForex Pros and Cons

 

✔️ Pros	❌ Cons
Well-regulated	Restriction on traders from some countries
MetaTrader 4 and 5	Limited financial instruments offered
PAMM Accounts offered	Fixed spread accounts not offered

 

LiteForex Feature Overview

 

📌 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
🚀 Open an Account	👉 Click Here

 

LiteForex Account Options

 

📢 ECN Account	📢 Classic Account
✔️ Increased quoting precision	✔️ Increased quoting precision
✔️ Market execution of orders with no requotes	✔️ Market execution of orders with no requotes
❌ No Stop & Limit levels	❌ No Stop & Limit levels
Scalping and news trading allowed	Leverage 1:500
Unlimited duration of transactions	-
Trades are delivered directly to liquidity providers	-
2.5% per annum in your account	-
✔️ Negative Balance Protection	-
👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

 

FBS

 

Established in 2009, FBS is an STP and ECN broker that is based in Belize, offering traders from around the world the trade in a variety of financial instruments. Zambian traders are also offered a variety of social trading opportunities, a choice in account types, and ultra-low minimum deposit requirements.

 

 

 

 

FBS Pros and Cons

 

✔️Pros	❌ Cons
Commissions are covered by FBS	Limited options in terms of account opening to EU based traders compared to non-EU offerings
Leverage up to 1:3000	No service to clients from USA, UK, Japan, Israel, Canada
Offers bonuses to new traders
A range of account types
Variety of educational material
Responsive customer support

 

FBS Feature Overview

 

🔎 Regulation	CySEC
💵 Minimum deposit from	$1
🔁 Average spread from	0.0 pips
💳 Commissions from	$6 per lot
📌 Deposit/Withdrawal Fees	✔️ Yes
➕ Maximum Leverage	1:3000
💵 Bonuses	✔️ Yes
🚀 Open an Account	👉 Click Here

 

FBS Account Options

 

🔎 Account	📈 Cent Account	📉 Micro Account	📊 Standard Account	📈 Zero Spread Account	📉 ECN Account	📊 Crypto Account
Initial deposit	from $1	from $5	from $100	from $500	from $500	from $1
Spread	Floating spread from 1 pip	Fixed spread from 3 pips	Floating spread from 0,5 pip	Fixed spread 0 pip	Floating spread from -1 pip	Floating spread from 1 pip
Commission	$0	$0	$0	from $20/lot	$6	0.05% for opening and 0.05% for closing positions
Leverage	up to 1:1000	up to 1:3000	up to 1:3000	up to 1:3000	up to 1:500	up to 1:5
Maximum open positions and pending orders	200	200	200	200	No trading limits	200
Order volume	from 0,01 to 1 000 cent lots (with 0,01 step)	from 0,01 to 500 lots (with 0,01 step)	from 0,01 to 500 lots (with 0,01 step)	from 0,01 to 500 lots (with 0,01 step)	from 0,01 to 500 lots (with 0,01 step)	from 0,01 to 500 lots (with 0,01 step)
Market Execution	from 0,3 sec, STP	from 0,3 sec, STP	from 0,3 sec, STP	from 0,3 sec, STP	ECN	from 0,3 sec, STP
Open an Account	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

AMarkets

AMarkets has been in operation since 2007 and is an STP and ECN broker which is based in Saint Vincent and the Grenadines, with respective and corresponding regulations through SVGFSA. AMarkets offers traders from around the world flexible account types, education, and a range of trading tools.

 

 

 

 

AMarkets Pros and Cons

 

 

AMarkets Feature Overview

 

💰Minimum Deposit	USD 100
🌐 Regulators	IFC
📱 Trading Desk	MetaTrader 4
₿ Crypto	✔️ Yes
📈 Total Pairs	-
☪️ Islamic Account	✔️ Yes
📊 Trading Fees	Low
🕒 Account Activation Time	24 Hours

 

AMarkets Account Options

 

📈 Fixed Account	📉 Standard Account	📊 ECN Account	📈 Bitcoin Account
Instant execution	Instant and market execution	Market execution	Leverage up to 1:100
No commission	Leverage up to 1:1000	Initial deposit of $500	Fixed spreads from 1.3 pips
Leverage up to 1:1000	Fixed spreads from 1.3 pips	Leverage up to 1:1000	No Commission
Fixed spreads from 3 pips	-	Commission of $5/ £5 per 1 lot	-

 

 

 

 

 

 

Forex.com

 

Established in 2001, Forex.com is a multi-regulated and multi-asset broker with more than 200,000 registered traders who trade more than 300 financial instruments spread across several asset classes.

Traders are offered with exceptional trading conditions, fast execution speeds, and competitively low trading and non-trading costs.

 

 

 

 

Forex.com Pros and Cons

 

 

Forex.com Benefit and Account Overview

 

✔️ Forex.com Benefits	💼 Forex.com Accounts	🚀 Open An Account
Allows Scalping	Standard Account	👉 Click Here
Allow Hedging	Commission Account	👉 Click Here
Offers STP	Direct Market Access Account	👉 Click Here
Guaranteed Stop Loss	Islamic Account	👉 Click Here
Offers Negative Balance Protection

 

 

 

 

 

 

 

Vantage FX

Vantage FX is a well-established and reputable ECN and STP broker with strict regulation and authorisation through CIMA, SIBL, FCA, and ASIC in facilitating the trade in a variety of global financial markets.

 

 

 

 

Vantage FX Pros and Cons

 

✔️ Pros	❌ Cons
ASIC-Regulated in Australia	No added value for experienced traders
Attractive set of promotions	Restrictive leverage caps kick in at $5,000
Appealing to newer traders	Small range of tradable instruments
Launched Bitcoin as a CFD
Offers ChartIQ platform
Has indemnity insurance

 

Vantage FX Feature Overview

 

📍 Headquartered	George Town, Cayman Islands/Australia
⚖️ Regulating Authorities	Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL), Australian Securities and Investments Commission (ASIC)
🌐 Countries not accepted for trade	Afghanistan, Belarus, Burma, Burundi, British Columbia, (Canada), Central African Republic, Democratic Republic of the Congo, Egypt, Eritrea, Iran, Iraq, ISIL (Da’esh) & Al-Qaida, Lebanon, Japan, Libya, Mali, North Korea, Republic of Guinea, Republic of Guinea-Bissau, Russia, Crimea, Somalia, South Sudan, Sudan, Syria, Tunisia, Ukraine, United States of America, Venezuela, Yemen, and Zimbabwe
📈 Maximum Leverage	500:1
💰 Minimum Deposit	$200
💳 Deposit Options	Bank Wire, VISA, MasterCard, BPAY, FasaPay, MobilePay, Neteller, Poli, Skrill, Transfer from Existing Broker, UnionPay
💳 Withdrawal Options	Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay
💻 Platform Types	MT4, MT5
🚀 Open an Account	👉 Click Here

 

Vantage FX  Account Options

 

🔎 Account	🔎 Standard STP	🔎 Raw ECN	🔎 Pro ECN
📄 Platform	MetaTrader 4 MetaTrader 5	MetaTrader 4 MetaTrader 5	MetaTrader 4 MetaTrader 5
📊 Range of Markets	44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs	44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs	44 Currency pairs 16 Indices 19 Commodities 226 Share CFDs
📝 Platform Choices	MT4 / MT5 for Mac WebTrader Mobile Apps	MT4 / MT5 for Mac WebTrader Mobile Apps	MT4 / MT5 for Mac WebTrader Mobile Apps
💵 Minimum Deposit	$200	$500	$20,000
🔁 Minimum Trade Size	0.01 lot	0.01 lot	0.01 lot
📌 Leverage	Up to 500:1	Up to 500:1	Up to 500:1
📈 Spreads from	1.0 pip	0.0 pips	0.0 pips
📉 Commission	$0	From $3.00 per lot per side	From $2.00 per lot per side
🔁 Conversion of promotional credit into cash	No	No	No
💵 Account Base Currencies	$ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD	$ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD	$ AUD $ USD £ GBP € EUR $ SGD $ CAD $ NZD ¥ JPY $ HKD
👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

 

Admiral Markets

 

Established in 2001, Admiral Markets is a STP and ECN broker that caters for traders from around the world and offers tight, variable spreads, low commissions, adequate leverage, a range of user-friendly trading platforms, a range of tradable assets, and flexible account funding methods.

 

 

 

 

Admiral Markets Pros and Cons

 

 

Admiral Markets Feature Overview

 

₿ Crypto	✔️ Yes
☪️ Islamic Account	✔️ Yes
📊 Trading Fees	Low
🕒 Account Activation Time	24 Hours

 

Admiral Markets Account Options

 

📢 Accounts	📈 Trade.MT5	📉 Invest.MT5	📊 Zero.MT5	📈 Trade.MT4	📉 Zero.MT4
💵 Currencies	EUR, USD, GBP and more	EUR, USD, GBP and more	EUR, USD, GBP and more	EUR, USD, GBP and more	EUR, USD, GBP and more
💰 Minimum Deposit	100 EUR	1 EUR	100 EUR	100 EUR	100 EUR
📌 Spread, Pips	From 0.5	From 0	From 0.5	-	-

 

 

 

 

 

 

 

 

LQDFX

LQDFX was established with the purpose of offering global traders with comprehensive trading solutions and services which reflects quality, honesty, and commitment in providing traders with a safe, dynamic trading experience. LQDFX’s pricing and execution originates from top-tier banks that form part of an extensive list of liquidity providers, or LPs.

LQDFX makes use of a price aggregator to match the orders of traders with the best possible price executions, allowing for fast trade execution speeds and minimal requotes.

 

 

 

 

LQDFX Pros and Cons

 

✔️ Pros	❌ Cons
STP Executions without a dealing desk	Unregulated broker
PAMM Accounts offered	Limited financial instruments
MetaTrader 4	Only one trading platform offered
Multilingual customer support

 

LQDFX Feature Overview

 

🔎 Islamic Account (Swap Free)	✔️ Yes
✅ Demo Account	✔️ Yes
📈 Institutional Accounts	❌ No
📉 Managed Accounts	✔️ Yes - PAMM Accounts
📊 Maximum Leverage	1:500
💵 Minimum Deposit	$20
🔁 Deposit Options	Bank Transfer, Visa, Mastercard, Skrill, Neteller, FasaPay, Bitcoin, Crypto-wallets, Vload
🔁 Withdrawal Options	Bank Transfer, Visa, Mastercard, Skrill, Neteller, FasaPay, Bitcoin, Crypto-wallets, Vload
📝 Platform Types	MetaTrader 4
✅ OS Compatibility	Desktop, Web, Mobile

 

LQDFX Account Options

 

📈 Micro Account	📉 Gold Account	📊 ECN Account	📈 Islamic Account	📉 VIP Account
Market execution	Market execution	Market execution	Market execution	Market execution
STP pricing	STP pricing	Access to an account manager.	STP pricing	STP pricing
Access to an account manager.	Access to an account manager.	Maximum leverage up to 1:300.	Access to an account manager.	Access to an account manager.
Maximum leverage up to 1:500.	Maximum leverage up to 1:300.	A minimum trade size of 0.1 lots and maximum of 40 lots.	Maximum leverage up to 1:300.	Maximum leverage up to 1:100.
A minimum trade size of 0.1 lots and maximum of 5 lots.	A minimum trade size of 0.1 lots and maximum of 40 lots.	Spreads which start from 0.1 pips.	A minimum trade size of 0.1 lots and maximum of 40 lots.	A minimum trade size of 0.1 lots and no limit on maximum trade size.
Spreads which start from 1 pip.	Spreads which start from 0.7 pips.	Swaps charged on this account.	Spreads which start from 0,7 pips.	Spreads which start from 0.1 pips
Swaps charged on this account.	Swaps charged on this account.	Ability to trade Forex, indices, commodities, and metals.	No Swap charges	Swaps charged on this account.
Ability to trade Forex, indices, commodities, and metals.	Ability to trade Forex, indices, commodities, and metals.	Commissions of 3.5 USD/EUR per 100,000 traded.	Ability to trade Forex, indices, commodities, and metals.	Ability to trade Forex, indices, commodities, and metals.
Zero commission charges and no requotes.	Zero commission charges and no requotes.	Access to educational materials	Zero commission charges and no requotes.	5 USD/EUR charged per 100,000 traded.

 

 

 

 

 

 

 

 

FXOpen

Based in Australia, the United Kingdom, and Saint Kitts and Nevis, FXOpen is a well-established and reputable ECN and STP broker with regulation and authorization through ASIC and FSA in facilitating the trade in a range of markets.

 

 

 

 

FX Open Pros and Cons

 

✔️ Pros	❌ Cons
Tight spreads and low commissions	High fees
Deposits with cryptocurrencies	No US clients
One click trading and Level2 Plugin	Restricted leverage
Multiple cryptos	Limited educational material
Electronic communication network	No fixed spread accounts

 

FX Open Feature Overview

 

⚖️ Regulating Authorities	FCA, ASIC
🌐 Countries not accepted for trade	United Stated
📊 Managed Accounts	Yes
📈 Maximum Leverage	1:500
💰 Minimum Deposit	$1
💳 Deposit Options	Credit cards Debit cards Walao! Pay Local Wire Transfers (or Skrill) Local Deposits Alfa-Click China UnionPay Bank Wire Transfer, and more
💳 Withdrawal Options	Credit cards Debit cards Walao! Pay Local Wire Transfers (or Skrill) Local Deposits Alfa-Click China UnionPay Bank Wire Transfer, and more
💻 Platform Types	MetaTrader 4, MetaTrader 5
📈 Tradable assets offered	Forex, Gold, Silver, CFDs, Indices, Cryptocurrencies
🚀 Open an Account	👉 Click Here

 

FX Open Account Options

 

📈 Micro Account	📉 STP Account	📊 ECN Account	📈 CRYPTO
Floating spread	Tight spread	Raw spreads	Tight spreads
NO Commissions	NO Commissions	Commissions from 1.5 units per lot	Commissions 0.25% of transaction volume
Currency pairs: 28 Gold & Silver	Currency pairs: 50 Gold & Silver	Access to interbank liquidity pool	Crypto pairs 43 BTC, LTC, EOS, PPC, ETH, DASH, EMC
Deposit from 1 USD	Welcome Scalping & HFT	Currency pairs 70+ including CFDs	Deposit from 10 USD
micro lot min. lot size	Deposit from 10 USD	Welcome Scalping & HFT	min lot size
	min lot size	Deposit from 100 USD
		min lot size
👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

 

IronFX

 

Based in Australia, the United Kingdom, and Cyprus, with the respective and corresponding regulations in each jurisdiction, IronFX is an ECN and STP broker that provides for a variety of traders.

IronFX offers traders with the trade in a variety of financial markets, offering both variable and fixed account types, commission-free trading, award-winning platforms, and competitive trading conditions.

 

 

 

 

IronFX Pros and Cons

 

✔️ Pros	❌ Cons
Strict regulation	Limited trading tools
Variable & fixed spread accounts	No US clients
Commission free accounts	Restricted leverage for EU clients
Award-winning trading platforms
IronFX Research app
Good range of forex currency pairs
Multiple deposit / withdrawal methods
Segregated client funds
IronFX Crypto exchange
Excellent customer support
Free VPS for qualifying clients

 

IronFX Feature Overview

 

💰Minimum Deposit	USD 100
🌐 Regulators	FCA, ASIC, FSCA, CySEC
📱 Trading Desk	MetaTrader 4
₿ Crypto	✔️ Yes
📈 Total Pairs	-
☪️ Islamic Account	❌ No
📊 Trading Fees	Low
🕒 Account Activation Time	24 Hours

 

IronFX Account Options

 

📈 Micro Account	📉 Premium Account	📊 VIP Account	📈 Zero Fixed Account	📉 No Commission Account	📊 Zero Spread Account	📈 Absolute Zero Account
Spreads start from 1.8 pips	Spreads start from 1.6 pips	Spreads start from 1.4 pips	Spreads start from zero pips	Spreads start from 1.7 pips	Spreads start from zero pips	Spreads start from 0.3 pips
Minimum deposit required is $100	Minimum deposit required is $1,000	Minimum deposit required is $10,000	Minimum deposit required is $500	Minimum deposit required is $500	Minimum deposit required is $500	Minimum deposit required is $500
Leverage up to 1:1000	Leverage up to 1:1000	Leverage up to 1:1000	Leverage up to 1:500	Leverage up to 1:200	Leverage up to 1:200	Leverage up to 1:200

 

 

 

 

 

 

FxPro

 

FxPro is a multi-regulated NDD broker which is headquartered in the United Kingdom that has been in operation since 2006. FxPro offers the comprehensive trade in more than 260 instruments through powerful trading platforms such as MetaTrader 4 and 4, cTrader, and the proprietary FxPro Edge.

 

 

 

 

FxPro Pros and Cons

 

✔️ Pros	❌ Cons
Regulated with several different bodies	Does not offer its services in all countries due to legal jurisdictions
Wide selection of market instruments
Segregated accounts

 

FxPro Benefit and Account Overview

 

✔️FXPro Benefits	💼FXPro Accounts	🚀 Open An Account
Allows Scalping	MT4 account with fixed spreads and Instant Execution.	👉 Click Here
Allows Hedging	MT4 account with floating spreads and Instant Execution.	👉 Click Here
Low Min Deposit	MT4 account with floating spreads and Market Execution.	👉 Click Here
Offers Negative Balance Protection	cTrader account with floating spreads and Market Execution.	👉 Click Here
	MT5 account with floating spreads and Market Execution.	👉 Click Here

 

 

 

 

 

 

FortFS

 

FortFS has been in operation since 2010 and is an ECN and STP broker based in Saint Vincent and the Grenadines, offering traders from around the world with the trade in a variety of financial instruments.

When trading with FortFS, traders are offered a choice between dynamic account types, the option for managed accounts, and the use of dynamic and flexible trading platforms through which trades can be executed.

 

 

 

 

FortFS Pros and Cons

 

✔️ Pros	❌ Cons
Access to trade on the MT4, MT5, CQG or NinjaTrader platforms	Offshore regulation
Managed accounts are available	Clients from USA are not accepted
Social trading for copying signals of other traders	High commission fees & not the tightest spreads
Daily technical & fundamental market analysis along with trading signals	Limited trading instruments compared to other online brokers
	Top accounts require large deposits
	Incomprehensive market analysis which is only focused on a few assets

 

FortFS Feature Overview

 

✅ Regulated:	IFSC
📈 Leverage:	1:1000
📉 Spread:	Fixed, Variable
📊 Type:	STP, ECN
📌 Commission:	From $10
🚀 Open an Account	👉 Click Here

 

FortFS Account Options

 

📌 Regulated:	IFSC
📈 Leverage:	1:1000
📉 Platforms:	NinjaTrader, CQG, MetaTrader 4, MetaTrader 5, Web, Mobile
📊 Spread:	Fixed, Variable
📝 Instruments:	Forex, Indices, Stocks, CFDs, Cryptocurrency, ETFs, Commodities
📄 Type:	STP, ECN
💵 Commission:	From $10
💳 Funding:	Wire Transfer, Credit/Debit Cards, PerfectMoney, Skrill, WebMoney, QIWI, Neteller, FasaPay

 

 

 

 

 

 

 

 

ForexMart

 

ForexMart has been in operation since 2015 and is well-regulated and authorized by CySEC. ForexMart offers a non-dealing desk (NDD) model and offers traders with the trade in a range of forex and CFD instruments.

When trading with ForexMart, traders can expect access to tight spreads, the use of user-friendly trading platforms, and numerous social trading opportunities.

 

 

 

 

ForexMart Pros and Cons

 

✔️ Pros	❌ Cons
Regulated by CySEC	Does not accept US clients
Minimum deposit from $15
MetaTrader4

 

ForexMart Feature Overview

 

⚖️ Regulating Authorities	SVGFSA
📊 Institutional Accounts	Yes
📊 Managed Accounts	Yes
📈 Maximum Leverage	1:500 on all accounts except for the Zero spread account which has a leverage of 1:200.
💰 Minimum Deposit	$15
💳 Deposit Options	Visa, Mastercard, Bank Transfer, Skrill, Neteller, PayCo, FasaPay, BTC cash
💳 Withdrawal Options	Visa, Mastercard, Bank Transfer, Skrill, Neteller, PayCo, FasaPay, BTC cash
🚀 Open an Account	👉 Click Here

 

ForexMart Account Options

 

📌 Feature	📈 Classic Account	💹 Pro Account	🌐 Cent Account	📊 Zero Spread Account
Minimum Deposit	$15 / ZAR R240	$200 ( ZAR R3200 )	$15 / ZAR R240	$500 ( ZAR R8000 )
Minimum Spreads	1 pip average spread from 1.2 pips	0.6 pips and average spread from 0.8 pips	1 pip and average spread from 1.2 pips	0.0 pips and an average spread of 0.2 pips
Minimum lot	0.01 lots	0.01 lots	0.01 cent lots	0.01 lots
Commission	Commission free trading	Commission free trading	Commission-free trading	Commissions from $6
Margin call	30%	30%	30%
Stop-out level	10%	10%	10%
Open an Account	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

Fortrade

 

Established in 2013, Fortrade is the UK and Belarus-based STP broker regulated by FCA, ASIC, IIROC, and NBRB. Fortrade offers traders from around the world comprehensive trading solutions, a variety of educational materials, advanced tools, market analysis and news, and an impressive range of tradable financial instruments which can be traded.

 

 

 

 

Fortrade Pros and Cons

 

✔️ Pros	❌ Cons
Allows scalping	International Telegraphic Transfer (TT) Fees are passed onto the customer for withdrawals.
Allows hedging	Fees charged for wire transfers and these can take up to 5 business days to process.
Offers STP	Platform may be too basic for some traders but the MT4 platform is also supported by Fortrade.
Low min deposit
Offers Negative Balance Protection
Extensive educational tools available Islamic accounts available
Well regulated

 

Fortrade Feature Overview

 

📌 Regulated:	IFSC
📈 Leverage:	1:1000
📉 Platforms:	NinjaTrader, CQG, MetaTrader 4, MetaTrader 5, Web, Mobile
📊 Spread:	Fixed, Variable
📝 Instruments:	Forex, Indices, Stocks, CFDs, Cryptocurrency, ETFs, Commodities
📄 Type:	STP, ECN
💵 Commission:	From $10
💳 Funding:	Wire Transfer, Credit/Debit Cards, PerfectMoney, Skrill, WebMoney, QIWI, Neteller, FasaPay

 

Fortrade Account Options

 

📈 Newbie Account	📉 Fort Account	📊 Flex Account	📈 Pro Account
10% compensation	Minimum deposit - $5	Minimum deposit - $5	Minimum deposit - $500
Minimum deposit - $5	Maximum leverage is 1:1000	Floating spreads start from 0.3 pips	ECN liquidity
Cent dominated	Fixed spreads - start from 2 pips on forex	Maximum leverage is 1:1000	Low spreads and executions from 0.1 seconds
Floating spreads start from 0.3 pips	Execution is instant, no commissions are charged		Maximum leverage is 1:100
Maximum spread is 1:1000.	Minimum of $10 is charged on CFDs.		Floating spreads start from 0.1 pips
👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

LMFX

 

LMFX is an offshore broker that caters to both retail and institutional traders from around the world. Traders are offered comprehensive trading solutions which include a variety of fixed spread accounts, commission-free trading options, competitive trading conditions, and access to advanced trading calculators.

 

 

 

 

LMFX Pros and Cons

 

✔️ Pros	❌ Cons
Easy to use trading platforms	Not regulated
Commission free trading	No MetaTrader 5 platform
Good variety of trading instruments	No Islamic swap-free accounts
Low spreads & rapid execution speeds
Fixed & variable spread accounts
Range of convenient deposit/withdrawal methods
No deposit/withdrawal fees
Trading calculators & other useful tools
Free VPS
24/5 customer support

 

LMFX Feature Overview

 

🔎 Regulated:	N/A
📈 Leverage:	1:1000
📉 Platforms:	MetaTrader 4, Web, Mobile
📊 Spread:	Fixed, Variable
📌 Instruments:	Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, CFDs
📝 Type:	STP
💳 Commission:	From $0 - $4
💵 Funding:	Wire Transfer, Credit Card, Skrill, Neteller, Vload, Fasapay

 

LMFX Account Options

 

Premium Account	Zero Account	Fixed Account
Minimum deposit of $50	Minimum deposit of $100	Minimum deposit of $250
Variable spreads starting from 1 pip	Variable spreads starting from 0 pips	Fixed spreads from 1.8 pips
No commission charged	Commission starting from $4 per standard lot	No commission charged
Minimum lot size is 0.01	Minimum lot size is 0.01	Minimum lot size is 0.01
Maximum total trade size 60	Maximum total trade size 100	Maximum total trade size 75
Leverage of up to 1:1000	Leverage of up to 1:250	Leverage of up to 1:400

 

 

 

 

 

 

 

 

HYCM

 

HYCM has been offering comprehensive trading solutions and services, tailormade to the specific and unique trading needs and objectives of both beginners and professionals.

When trading with HYCM, traders can expect both fixed and variable spreads, low commissions, a range of tradable financial instruments, high trade execution speeds, trading tools, and the use of powerful, flexible trading platforms.

 

 

 

 

HYCM Pros and Cons

 

✔️Pros	❌Cons
Established; reputable	No demo account
Competitive pricing	No US clients
High speed when executing trades	Fixed spreads only
Wide range of trading instruments

 

HYCM Benefit and Account Overview

 

✔️ HYCM Benefits	💼 HYCM Accounts	🚀 Open An Account
Allows Scalping	Demo Account	👉 Click Here👉 Click Here
Allows Hedging	Fixed Account	👉 Click Here
Low Min Deposit	Classic Account	👉 Click Here
	VIP	👉 Click Here
	Raw Account	👉 Click Here
	Islamic Account	👉 Click Here

 

 

 

 

 

 

 

 

IFC Markets

 

IFC Markets is a well-regulated broker offering traders, despite whether they are beginners or experts, with the comprehensive and competitive trade in more than 600 financial instruments with the use of flexible trading platforms through which trades can be executed seamlessly.

 

 

 

 

IFC Markets Pros and Cons

 

Broker's Name	IFC Markets
🏛️ Headquarters	Cyprus
📅 Year Founded	2006
⚖️ Regulating Authorities	CySEC, BVI FSC
🌐 Countries not accepted for trade	United States, Japan, Russia
☪️ Islamic account (swap-free)	Yes
📒 Demo Account	Yes
✴️ Institutional Accounts	No
👨🏼‍💼 Managed Accounts	No
⬆️ Maximum Leverage	1:400
💰 Minimum Deposit	1 USD or 13.67 ZAR
💳 Deposit Options	Bank Wire Transfer Perfect Money Credit/Debit Card TopChange Pay BitWallet WebMoney CashU WebMoney Vietnam Bitcoin Internal Transfer
💳 Withdrawal Options	Bank Wire Transfer Perfect Money Credit/Debit Card TopChange Pay BitWallet WebMoney CashU WebMoney Vietnam Bitcoin Internal Transfer
📊 Platform Types	NetTradeX, MetaTrader 4, MetaTrader 5
📶 OS Compatibility	Linux, MacOS, Windows, Android, iOS
📈 Tradable assets offered	Forex Precious Metals CFDs Indices CFDs Commodity CFDs Commodity Futures CFDs Gold ETF CFDs Cryptocurrency CFDs Synthetic instruments
💬 Languages supported on Website	Spanish, Korean, English, Czech, Indonesian, Vietnamese, Taiwan, Chinese, Arabic, Turkish, Brazil, Mexican, Russian, German, French, Italian, Portuguese, Japanese, Malay, Hindi, Thai
💬 Customer Support Languages	Multilingual
⏲️ Customer Service Hours	24/6
🚀 Open an Account	👉 Click Here

 

IFC Feature Overview

 

🔎 Regulated:	CySEC, BVI FSC
📈 Leverage:	1:30
📉 Platforms:	NetTradeX, MetaTrader 4, MetaTrader 5, Web, Mobile
📊 Spread:	Fixed, Variable
📌 Instruments:	Forex, Commodities, Cryptocurrency, Stocks, Indices, Metals, ETFs, Synthetic Instruments
📝 Type:	STP, Market Maker
💵 Commission:	From $0
💳 Funding:	Wire Transfer, Credit/Debit Card, Neteller, Skrill, WebMoney, Bitwallet, CashU, Western Union, Bitcoin

 

IFC Account Options

 

📈 Standard Account	📉 Micro/Beginner
Minimum deposit is 1,000 USD/EUR or 100,000 JPY	Minimum deposit is 1 USD/EUR or 100 JPY
Maximum leverage is 1:200	Maximum account size is 5,000 USD/EUR or 50,000 JPY
Minimum volume is 0.1 lot	Maximum leverage is 1:400
Stop out level at 10%	Minimum volume is 0.01 lot
👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

 

SuperForex

Based in Belize and as an ECN and STP broker with corresponding regulation through IFSC, SuperForex offers traders from around the world with the trade in more than 300 financial instruments through the popular and powerful MetaTrader 4 trading platform.

When using SuperForex, traders also have the advantage of both variable as well as fixed spreads, commission-free trading, and many opportunities for social trading.

 

 

 

 

SuperForex Pros and Cons

 

✅Pros	❌Cons
Regulated	Offshore regulation
Social trading supported	Only one trading platform supported
MetaTrader 4 supported	Spreads are not the tightest in the industry

 

SuperForex Feature Overview

 

 

SuperForex Account Options

 

🔎 Account	📈 Standard	📉 Swap Free	📊 No Spread	📈 Micro Cent	📉 Profi STP	📊 Crypto
Account currency	USD, EUR, GBP, RUB, ZAR, NGN, CNY, BDT, INR, THB	USD, EUR, GBP, RUB, IDR, MYR, AED, ZAR, NGN, BDT	USD, EUR, GBP	USD, EUR	USD, EUR, GBP, ZAR	USD
Maximum deposit	Unlimited	Unlimited	Unlimited	Limited 3000 USD/EUR	Unlimited	Unlimited
Minimum deposit	1 USD / 1 EUR	1 USD / 1 EUR	100 USD / 100 EUR	1 USD / 1 EUR	500	100 USD
Compatible with bonuses	All bonuses	All bonuses	Welcome, Energy, Hot, Dynamic	Welcome, Energy, Hot, Dynamic	Welcome, Energy, Hot, Dynamic	Welcome, Energy, Hot, Dynamic
Lot size	10 000 USD	10 000 USD	100 000 USD	10 000 USD	100 000 USD	10 BTC
Maximum leverage	1:1000	1:1000	1:1000	1:1000	1:2000	1:10
Swap	Included	No	No	No	No	No
Spreads	Fixed	Fixed	0	Fixed	0	Fixed
Forex Сopy	Included	Included	No	No	No	No
Open an Account	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

ForexChief

 

Established in 2014, ForexChief is a forex and CFD broker offering traders from around the world the trade in more than 60 financial instruments. When trading 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.

 

 

ForexChief Pros and Cons

 

✅ Pros	❌ Cons
Access to trade online via the powerful MT4 & MT5 platforms	Limited assets; no stock CFDs
Up to 8 account types to accommodate all kinds of traders	Offshore regulation
Multiple payment options including Bitcoin	Incomprehensive market news & analysis
Efficient customer support team available through multiple channels	No USA traders allowed

 

ForexChief Feature Overview

 

🔎 Regulated:	VFSC
📈 Leverage:	1:1000
📉 Platforms:	MetaTrader 4, MetaTrader 5, Web, Mobile
📊 Spread:	Variable
📌 Instruments:	Forex, Indices, Energies, Cryptocurrencies, Metals, CFDs
🔁 Type:	STP
💵 Commission:	From $6
💳 Funding:	Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Advanced Cash, WebMoney, Perfect Money, FasaPay, QIWI, Cryptocurrency

 

ForexChief Account Options

 

📈 DirectFX	📉 Classic+	📊 Cent-MT4.DirectFX	📈 Cent-MT4.Classic+
Spread starts from 0 pips	The spread is from 0.3 pips	Spread starts from 0 pips	Floating spreads starts from 0.3 pips
Commissions of $1.5 per lot per side	No commissions are charged	Commissions of $1.5 per lot per side	No commissions are charged.
Average spread for the EURUSD is 0.4 pips	EURUSD average spread is 0.7 pips

 

 

 

 

 

 

 

NPBFX

 

NPBFX was established in 1996 and is an STP and NDD broker based in St. Vincent and the Grenadines with regulation and authorization through SVGFSA in offering more than 200,000 global clients with the trade of over 45 assets through powerful trading platforms.

 

 

 

 

NPBFX Pros and Cons

 

✔️ Pros	❌ Cons
Broker bonus and trading bonus offered	Referral bonus not offered
Tight Spreads	Limited financial instruments offered
Social trading supported	Offshore broker
Loyalty program offered for loyal customers	Sign-up and welcome bonus not offered
Low initial capital	Spreads are marked-up
Commission-free trading	Verification is complicated and time-consuming
Both NDD and STP broker model	Stock trading not offered
Demo account provided	US and Canadian clients not accepted
Real-time trading signals	Spreads are not the tightest
Choice in dynamic trading accounts	Withdrawal fees charged
Competitive trading conditions offered	Spreads are marked-up
Commission-free trading offered	Offshore regulation
Deposit fees are not charged
Islamic account offered
Variety of funding methods
Several deposit currencies supported
Deposit fees are not charged
Low minimum deposit amount required
MetaTrader 4 offered

 

NPBFX Feature Overview

 

⚖️ Regulating Authorities	The Belize International Financial Services Commission (IFSC)
📊 Institutional Accounts	No
📊 Managed Accounts	No
📈 Maximum Leverage	1:1000
💰 Minimum Deposit	10 USD
💳 Deposit Options	Visa, MasterCard, Bank Transfer, Neteller, Skrill, FasaPay, Yandex, Qiwi, and WebMoney
💳 Withdrawal Options	Visa, MasterCard, Bank Transfer, Neteller, Skrill, FasaPay, Yandex, Qiwi, and WebMoney
📈 Tradable Assets	38 currency pairs, precious metals, oil, and natural gases

 

NPBFX Account Options

 

📈 Master account	📉 Expert account	📊 VIP account
Minimum deposit is $10	Minimum deposit is $5,000	Minimum opening balance is $50,000
Spreads start from 0.8 pips	Maximum leverage is 1:200	Maximum leverage is 1:200
Average spreads - 1.2 pips	Spreads start from 0.6 pips	Spreads start from 0.4 pips
Maximum leverage is 1:1000	Average Spreads 1.0 pip

 

 

 

 

 

 

Land-FX

 

Established in 2008, Land-FX is an STP, and ECN broker headquartered in the United Kingdom and was established by a group of financial market experts, offering traders some of the best trading solutions and services in the industry.

Land-FX emphasizes further growth in becoming an industry leader, offering competitive trading solutions despite the competition that the broker faces with more brokers emerging in recent years.

 

 

 

 

Land FX Pros and Cons

 

✔️ Pros	❌ Cons
Regulated by the FCA	Relatively high initial deposits
Stable trading environment	Little to no educational tools
Powered by leading technology

 

Land FX Feature Overview

 

➕ Bonus	10% deposit bonus up to $3,000
✅ Instruments	Forex, CFDs, indices, commodities
📈 Demo Account	Yes
💵 Min. Deposit	$300
💳 Payment Methods	Mastercard, Neteller, Perfect Money, Skrill, Sticpay
📌 Min. Trade	0.01 lots
🔎 Regulated By	FCA, FSA

 

Land FX Account Options

 

📈 Global Standard Account	📉 Global ECN Account	📊 Global ZuluTrade Account	📈 UK & EU Standard Account	📉 UK & EU ECN Account	📊 UK & EU VIP account
Forex, metals, commodities, oil, futures, CFDs	Forex & spot metals only	Forex, CFDs and commodities	Forex, metals, commodities, oil, futures, CFDs	Forex & spot metals only	Forex, CFDs & commodities
Major FX pair spreads from 0.8 pips	Major FX pair spreads from 0 pips	Major FX pair spreads from 2 pips	Major FX pair spreads from 0.8 pips	Major FX pair spreads from 0 pips	Major FX pair spreads from 2 pips
Deposit and Recovery bonuses	No deposit or recovery bonus	No deposit or recovery bonus	Deposit and Recovery bonuses	No deposit or recovery bonus	No deposit or recovery bonus
Islamic account optional	Minimum deposit $2,000	Minimum deposit $300	Islamic account optional	Minimum deposit £5,000	Minimum deposit $300
Minimum deposit $300	Leverage up to 1:200	Leverage up to 1:500	Minimum deposit $300	Leverage up to 1:200	Leverage up to 1:200
Leverage up to 1:500	0.35 pip commission	No commissions	Leverage up to 1:200	0.3 pip commission	No commissions
No commissions	MT4 only	MT4 only	No commissions	MT5 only	MT5 only
MT4 & MT5			MT5 only

 

 

 

 

 

Weltrade

 

Established in 2006, Weltrade is an STP broker based in Saint Vincent and the Grenadines that offers traders the trade in a variety of financial instruments. These can be traded through either MetaTrader 4 or MetaTrader 5.

Weltrade also offers flexible account types and access to a variety of social trading opportunities.

 

 

 

 

Weltrade Pros and Cons

 

✔️ Pros	❌ Cons
Variety of trading account types	Offshore brokerage firm
ZuluTrade social trading platform	Unregulated broker
24/7 global support	Not the tightest spreads
Selection of deposit/withdrawal options	Limited trading instruments
	No stock trading
	Limited account base currencies

 

Weltrade Feature Overview

 

🔎 Regulated:	N/A
📈 Leverage:	1:1000
📉 Platforms:	MetaTrader 4, MetaTrader 5, Web, Mobile
📊 Spread:	Variable
📌 Instruments:	Forex, Commodities, Cryptocurrency, CFDs
✅ Type:	STP
💵 Commission:	From $0
💳 Funding:	Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Cryptocurrency, Perfect Money, WebMoney, Qiwi Wallet, Fasapay

 

Weltrade Account Options

 

📈 Micro Account	📉 Premium Account	📊 Pro Account	📈 ZuluTrade Account	📉 Crypto Account
Minimum $25 deposit	Minimum $200 deposit	Minimum $500 deposit	Minimum $200 deposit	Minimum $50 deposit
Execution speeds from 0.9 seconds	Execution speeds from 0.8 seconds	Execution speeds from 0.5 seconds	Execution speeds from 0.7 seconds	Execution speeds from 0.7 seconds
Variable spreads from 1.9 pips	Variable spreads from 1.9 pips	Variable spreads from 0.5 pips	Variable spreads from 2.9 pips	Variable spreads from 0 pips
Market execution	Market execution	Market execution	Market execution	Market execution
Leverage from 1:33 – 1:1000	Leverage from 1:33 – 1:1000	Leverage from 1:1 – 1:1000	Leverage from 1:33 – 1:500	Leverage from 1:3 – 1:20

 

 

 

 

 

Globex360

 

Globex360 is a regulated broker that offers traders from around the world with the trade in a range of financial markets through the popular, powerful MetaTrader 4. With Globex360, traders also have access to an Islamic account option and various social trading opportunities.

 

 

 

 

Globex360 Pros and Cons

 

✔️ Pros	❌ Cons
Regulated broker	Not the lowest spreads & commission fees
Copy trading platform	Limited trading instruments
Islamic accounts	Limited deposit/withdrawal options
User-friendly MT4 platform	No individual stock CFDs
FIX API	Lack of educational resources
	No live chat support
	No Belgium, US or Canada clients

 

Globex360 Feature Overview

 

🔎 Regulated:	FSCA
📈 Leverage:	1:500
📉 Platforms:	MetaTrader 4, FIX API, Web, Mobile
📊 Spread:	Variable
📌 Instruments:	Forex, Commodities, Indices, CFDs
📝 Type:	STP
💵 Commission:	From $8 - $12
💳 Funding:	Wire Transfer, Credit/Debit Card, PayFast, Bitcoin

 

Globex360 Account Options

 

📈 Basic Account	📉 Standard Account	📊 Professional Account	📈 Copy Trading Account
Minimum $100 deposit	Minimum $100 deposit	$5,000 minimum deposit	Minimum deposit of $200
Spreads from 2 pips	Spreads from 1.6 pips	Spreads from 1.2 pips	Leverage up to 1:500
Leverage up to 1:100	Leverage up to 1:200	Increased leverage
Commission per lot is $12	Commission per lot is $10	Commission per lot is $8
👉 Click Here	👉 Click Here	👉 Click Here	👉 Click Here

 

 

 

 

 

 

 

 

 

 

 

You might also like: BEST FOREX BROKERS IN MAURITIUS

 

 

 

Frequently Asked Questions

 

 

Is forex trading allowed in Zambia?

 

Yes, forex trading is allowed in Zambia.

 

Is forex trading in Zambia safe?

 

Yes forex trading in Zambia is considered safe thanks to the favorable regulatory structures provided by the Zambian Securities and Exchange Commission and the Bank of Zambia to regulate forex brokers in Zambia.

 

How do I start trading forex in Zambia?

 

First, you must have a solid internet connection. Choose a reputable forex broker to open a trading account with. Fund your trading account. Download the trading software and start trading.

 

What is forex trading?

 

Forex trading involves the exchange of currencies on the forex market. The forex market is the most volatile and liquid market of all, offering traders a vast number of trading opportunities.

 

Which forex broker is the best?

 

The brokers on this list are some of the best forex brokers that accept traders from Zambia.  No one broker is suited to all traders and the best choice will depend on the traders themselves.

 

Can beginners trade in forex?

 

Yes. Anyone can start trading in forex. However, it is imperative that traders first learn about trading by using guidelines, tutorials, webinars, and numerous other educational tools, resources, and materials available.

 

Do these 27 Best Forex Brokers in Zambia offer demo accounts?

 

Yes.  Most if not all of the above-mentioned forex brokers offer demo accounts that can be used to practice trading, test strategies, and explore the broker’s services and solutions.

 

Are these forex brokers regulated and safe to use?

 

Most of these brokers are regulated, however, all of them are safe to use. There may be some brokers that have offshore regulation or no regulation that are still reputable.  Traders are always urged to evaluate the level of client fund security and compensation that these brokers offer before trading with them.