9 Best Forex Brokers in Iran ☑️ Updated 2024*
The 9 Best Forex Brokers in Iran – Rated and Reviewed. We have listed the top international Forex Brokers accepting Iranian Traders.
In the in-depth article you will learn:
- The Best Forex Brokers Accepting Iranian Traders – a List
- Is Forex Trading legal in Iran?
- The Best Forex Brokers with Islamic Accounts.
- Top MT4/MT5 Forex Brokers for Beginners
and much, MUCH more!
9 Best Forex Brokers in Iran – a Comparison
9 Best Forex Brokers in Iran (2024)
- ☑️ Octa – Overall, the Best Forex Broker accepting Iranian Traders
- ☑️ IC Markets – Best Islamic, Swap-Free Forex Broker
- ☑️ AvaTrade – Leading Forex Broker with MT4/MT5 Support
- ☑️ HF Markets – User-Friendly Islamic Forex Broker
- ☑️ Admirals – Best Online Trading Experience
- ☑️ Pepperstone – High User Trust Score
- ☑️ FP Markets – Low IRR Minimum Deposit
- ☑️ FXTM – Great Overall Offering
- ☑️ XTB – No Deposit Swap-Free Account
Octa
Octa is regulated by the Cyprus Securities and Exchange Commission (CySEC), the SVG FSA, and the FSCA. Account types offered are OctaTrader, MetaTrader 4, MetaTrader 5, and, Islamic.
Moreover, the minimum deposit set is 25 USD.
Pros and Cons
Our Insights
Octa is suited to all traders. Furthermore, Octa offers multiple accounts, including an Islamic Option.
IC Markets
IC Markets is a renowned Forex and CFD Broker regulated by ASIC, CySEC, and, the FSA. An Islamic Option is available on the MetaTrader 4, MetaTrader 5, and cTrader platforms.
Moreover, Social Trading is offered via ZuluTrade.
Pros and Cons
Our Insights
IC Markets is suited to Novice and Professional Traders. However, the minimum deposit of 200 USD is classed as High.
AvaTrade
AvaTrade is a well-established Forex Broker licensed and regulated in several countries. Furthermore, an Islamic Account that provides traders access to a broad product selection is offered.
Pros and Cons
Our Insights
AvaTrade is suited to all traders. However, the multitude of trading platforms and accounts will overwhelm beginners.
HF Markets
HFM is licensed and regulated by the FSCA, CySEC, DFSA, FSA, FCA, FSC, and, CMA. HF Markets offers a Swap-Free Account with no rollover or swap fees on overnight balances.
Moreover, the set minimum deposit is 5 USD.
Pros and Cons
Our Insights
HFM is a top choice for beginners. Furthermore, HF Markets prioritizes client education and safety.
Admirals
Admirals is a renowned online trading service supplier regulated by the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investment Commission (ASIC). Moreover, an Islamic Option is available across all MT5 Account Types.
Pros and Cons
Our Insights
Admirals are best suited to Professionals. The number of account types will overwhelm Novice Traders. Furthermore, the 25 USD minimum deposit is fair.
Pepperstone
Pepperstone is a trusted Forex Broker regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB. Furthermore, an Islamic Option is offered to Muslim Traders. Moreover, Multilingual Customer support is provided.
Pros and Cons
Our Insights
Pepperstone serves a wide range of customers. However, the account types are limited. Moreover, the minimum deposit is classed as High.
FP Markets
FP Markets is an Australian Forex Broker regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).
Furthermore, Islamic Standard and Islamic Raw Accounts are offered.
Pros and Cons
Our Insights
FP Markets suited all levels of Traders. Furthermore, it offers 10’000+ items for trade. However, the AU$ 100 Minimum Deposit is high.
FXTM
FXTM is a well-established and regulated Forex Broker. An Islamic Option is offered to Muslim Traders. Furthermore, a Micro Account is available.
Pros and Cons
Our Insights
FXTM is well-suited for Beginners. Moreover, the minimum deposit of 10 USD is classed as low.
XTB
A highly Regulated Forex Broker with a global presence in crucial financial hubs, XTB offers an Islamic Account and does not require a minimum deposit.
Pros and Cons
Our Insights
Muslim Traders will benefit.
In Conclusion
Forex Trading in Iran has gained popularity. Moreover, Forex Trading in Iran is Safe and Regulated by the Central Bank of Iran.
Our Insights
While reviewing the Best Forex Brokers that accept Iranian Traders, we found 9 excellent options. Furthermore, each broker has its list of benefits, ranging from Islamic accounts to Multilingual Customer Support. Moreover, finding the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like:
Frequently Asked Questions
Is Forex Trading Legal in Iran?
Forex Trading is legal in Iran.
What is the Legal age to Trade Forex in Iran?
The legal age for Forex Trading in Iran is 18 years of age.
What is the Iranian Revenue Service?
Taxation in Iran is levied and collected by the Iranian National Tax Administration under the Ministry of Finance and Economic Affairs of the Government of Iran.
Who is the regulatory authority in Iran?
The CBI maintains the country’s balance of payments and monetary policies.
What is the local currency in Iran?
The local currency in Iran is the Iranian Rial.
Who is the best Forex Broker in Iran?
According to research, Octa is the best Forex Broker in Iran.
Which regulatory bodies oversee Octa?
The Cyprus Securities and Exchange Commission (CySEC), the SVG FSA, and the FSCA oversee compliance with financial norms and operating rules.
Can I utilize automated trading methods with IC Markets?
IC Markets’ platforms offer automated trading techniques using Expert Advisors (EAs) on MetaTrader and cBots on cTrader.
What kind of trading experience does AvaTrade offer?
They provide a full trading experience for beginner and expert traders.
What kind of broker is HFM?
They are a multi-asset broker that provides forex and CFD trading services.
Can I trade crypto with Admirals?
Admirals provide CFD trading on cryptocurrencies.
How long does it take to open a Pepperstone trading account?
24 Hours.
What types of trading instruments does FP Markets offer?
FP Markets offers over 10,000 trading items, including Forex, indices, and, commodities.
How many global offices does FXTM have?
FXTM has worldwide offices in Cyprus, the United Kingdom, Nigeria, Kenya, and South Africa.
Does XTB provide an option for swap-free trading accounts?
XTB provides Swap-Free accounts that adhere to Islamic financial principles.
