10 Best Forex Brokers in South Korea for 2026

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Ryan Hardy sitting before his forex trading desk
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A forex broker is a financial intermediary that facilitates the buying and selling of currencies in the foreign exchange market. These brokers provide traders with access to trading platforms where they can execute trades, monitor market movements, and manage their investments. With a variety of online forex brokers available, finding the right broker for retail traders in South Korea can be a challenging task.

In South Korea, the financial market, including forex trading, is regulated by the Bank of South Korea and the Financial Supervisory Authority (AMF). However, many traders in South Korea prefer to work with brokers regulated in other jurisdictions, particularly those under the oversight of the European Securities and Markets Authority (ESMA). This regulatory framework offers vital protections, such as a leverage limit of 30:1 for retail clients and negative balance protection, ensuring a safer trading environment. Additionally, brokers regulated by the Cyprus Securities and Exchange Commission (CySEC) are popular choices for the traders of South Korea, as they adhere to stringent EU standards and provide robust investor protection.

In this article, we have dedicated our efforts to compiling a list of the best forex brokers for traders in South Korea. Our goal is to assist you in finding trustworthy partners that align with your trading objectives while ensuring a seamless and efficient trading experience, empowering you to navigate the forex market with confidence.

Best Forex Brokers in South Korea (Compared and Reviewed)

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1. Pepperstone: Best Overall Forex Brokers in South Korea

Founded in 2010 by Owen Kerr and Joe Davenport, Pepperstone is a forex, CFD, and spread betting broker that provides online trading services to traders globally. The broker is regulated by seven top-tier regulatory authorities, including the FCA, ASIC, CySEC, BaFIN, SCB (Bahamas), CMA, and DFSA (Dubai). Pepperstone accepts clients from South Korea under its FCA regulation.

Pepperstone offers over 1,200+ trading instruments, including forex, commodities, indices, shares, and ETFs. The broker provides three popular trading platforms: MT4, MT5, and cTrader. It also supports third-party charting and trading tools such as TradingView, DupliTrade, MirrorTrader, Myfxbook, Smart Trader Tools, cTrader Automate, Autochartist, and algorithmic trading.

Pepperstone allows nearly all trading styles, including scalping, EA trading, news trading, hedging, copy trading, and more. Additionally, the broker supports passive investment programs like PAMM and MAM. Pepperstone also offers API trading and VPS hosting to enhance trading performance.

Key Features:

  • Trading Instruments: 1250+Trading instruments including Forex, Commodities, Cryptocurrencies, Shares/Stocks CFDs, etc 
  • Maximum leverage: 1:30 for retail traders, 1:500 for professional traders 
  • Minimum Deposit: $0  (recommended $200 or Equivalent)
  • Account Types: Two ( Standard account, Razor Account) 
  • Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Our Rating

9.4
Total Score
Regulation and Security (40%)10
Fees and Commissions (20%)9.2
Trading (15%)8.5
Trading tools (10%)9
Customer Support (10%)9.6
Trading Education (5%)8

Pros:

  • Pepperstone is regulated in 7 reputed jurisdictions, including FCA in the UK, CySEC in Cyprus, ASIC in Australia, BaFin in Germany, DFSA in Dubai, CMA, and SCB in the Bahamas.
  • Fast order execution is ensured, with an average of 30 milliseconds.
  • Competitive spreads starting from 0.0 pips are offered.
  • Clients’ funds are segregated with tier 1 banks for added security.
  • There are no inactivity fees associated with the platform.
  • Attractive trading conditions are provided.
  • Pepperstone offers over 1200 trading instruments for diverse investment opportunities.
  • The platform facilitates fast and complete online account opening.
  • MT4 Smart Trader Tools, Autochartist, Capitalise.ai, and free VPS are among the trading tools available for users.

Cons:

  • US Traders are not allowed 
  • Only CFDs are Offered 
  • No cent/Micro Account 
  • Minimum recommended deposit is $ 200
  • Support works only 24/5  
  • Limited account protection for non-U.K./E.U. clients
  • No guaranteed Stop-loss 
  • 30-day expiry for demo accounts

Pepperstone accepts retail clients from South Korea under its FCA regulation, offering a maximum leverage of 1:30. However, the traders of South Korea can apply for a professional account to access leverage of up to 1:500. For more information, check out our detailed guide on Pepperstone in South Korea.

2. IC Markets: Best for Low-Spread Trading

Founded by Andrew Budzinksi in 2007, IC Markets is a Forex and CFD brokerage firm offering online trading services for retail and institutional clients. Although the company is based in Australia, it provides online trading services globally, including in South Korea. IC Markets is regulated by top-tier regulatory authorities such as ASIC, CySEC, and FSA. The firm onboards clients from South Korea under its FSA jurisdiction.

IC Markets offers 2,150+ trading instruments, including 61 forex pairs, 25 index CFDs, 20 commodity CFDs, 2,100+ stock CFDs, 9 bond CFDs, 21 cryptocurrency CFDs, and 4 futures CFDs. The broker provides MT4, MT5, and cTrader, accessible on desktops, web browsers, and mobile devices. IC Markets offers raw spreads from 0.0 pips, no requotes, and unrestricted trading conditions, making it suitable for high-volume traders, scalpers, and automated trading systems.

IC Markets provides fast order execution with average speeds under 40ms, supported by low-latency fiber-optic connections and Equinix NY4 servers. The broker offers deep liquidity, reduced slippage, and free collocated VPS hosting for optimized performance. Processing over $29 billion in FX trades daily, IC Markets ensures a reliable trading environment for professional traders.

Key Features:

  • Trading Instruments: 2150+ including  Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies
  • Maximum leverage: 1:30 for retail accounts, 1:500 for the professional account
  •  Minimum Deposit: $200 or Equivalent
  • Account types: Standard Account and Raw Account (Metater, Ctrader) 
  • Fees:  Spread starting from 0.8  pips for Standard Account or 3.00 to 3.50 per lot for Raw Account on a single Trip. 
  • PAMM/ MAM:  Not Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed 
  • EA/ Robot Trading: Allowed

Our Rating

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Pros:

  • A fully regulated broker operates in two tier-1 jurisdictions and one tier-4 jurisdiction.
  • It offers super-fast trade execution speed.
  • The broker provides low spreads starting from 0 pips.
  • Account opening is easy and fast.
  • Deposits and withdrawals are free.
  • The broker offers standard and raw spread account options.
  • Trading EA is allowed.
  • Traders have the ability to trade from a mobile device.
  • A demo account is available.

Cons:

  • The broker requires a higher minimum deposit of $200.
  • Non-EU clients do not have investor protection.
  • The product selection is limited.
  • Weekend trading is not available.
  • US traders are not accepted.
  • The broker is not regulated by the FCA.

IC Markets accepts clients from South Korea under its FSA regulation, offering a maximum leverage of 1:500. The broker allows traders from South Korea to use almost all trading styles. To learn more, check out our detailed content on IC Markets in South Korea.

3. Blackbull Markets: Fastest Execution Forex Broker

Founded in 2014, BlackBull Markets is a New Zealand-based forex and CFD broker regulated by the Financial Markets Authority (FMA), Financial Service Providers Register (FSPR), and FSA-S (Seychelles). The broker is known for its deep liquidity, fast execution speeds, and institutional-grade trading conditions. BlackBull Markets offers over 26,000 trading instruments, including forex, equities, indices, commodities (metals, energies, and agriculture), and futures. With no minimum deposit requirement, traders can start with as little as $1, and spreads begin at 0.0 pips.

BlackBull Markets provides a variety of trading platforms, including MT4, MT5, cTrader, TradingView, and its proprietary BlackBull Copy Trader platform. The broker offers free access to TradingView premium features, as well as third-party trading tools like ZuluTrade, Myfxbook, and Autochartist. BlackBull Markets supports nearly all trading strategies, including scalping, EA trading, hedging, news trading, and algorithmic trading. It also provides free VPS hosting for traders who need low-latency execution and API trading for those who require advanced automation.

BlackBull Markets accepts clients from around the world including South Korea. However, the broker does not offer its services to the US, US Territories, and OFAC-sanctioned countries. The broker’s execution speed averages under 100 milliseconds, making it a strong choice for traders who rely on high-speed order execution. With competitive spreads, a broad selection of trading instruments, and access to advanced trading platforms, BlackBull Markets is a well-rounded option for both retail and professional traders seeking a feature-rich forex and CFD trading experience.

Key Features:

  • Trading Instruments: 26000+ trading instruments in 80 markets  including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: up to 1:500 
  • Minimum Deposit: $0 for standard, $2000 for Prime, $20,000 for Institutional account
  • Account Types: Offers 3 account types including ECN standard, ECN Prime, and ECN institutional. 
  • Fees: starting from 0.8 pips for a standard account, (0.1 pips + $6) per lot for an ECN Prime Account, and (0.0 Pips +$4) for an Institutional account.
  • PAMM/ MAM:  Yes, 
  • ZuluTrade: Yes 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed 
  • EA/ Robot Trading: Allowed

Our Rating

8.2
Total Score
Regulation and Security (40%)8.4
Fees and Commissions (20%)8
Trading (15%)8.8
Trading tools (10%)5
Customer Support (10%)9.5
Trading Education (5%)9

Pros:

  • Regulated by  FMA, FSPR, FSP, FSA-S
  • Founded in New Zealand and operating globally
  • Professional and Retail Trading options 
  • No Minimum Deposit Requirement ($0) 
  • The Maximum Leverage is as  high as 1:500
  • Allow Scalping, News Trading, EA/Robot Trading 
  • Offers Multiple Trading platforms including MT4, MT5, WebTrader, TradingView
  • Supports multiple third-party copy trading platforms, such as ZuluTrade, Duplitrade, and Myfxbook.

Cons:

  • BlackBull lacks additional Tier-1 regulatory licenses outside of New Zealand.
  • $2,000 minimum deposit for Prime Account
  • The Ctrader platform is not offered 
  • Withdrawal fees 
  • Limited Research Tools 
  • Not very diverse range of tradable assets

BlackBull Markets accepts retail clients from South Korea under its FSA-S regulation, offering leverage up to 1:500. As a true ECN broker, it provides direct market access for forex, CFDs, and commodities trading. For more details, check out our full guide on BlackBull Markets in South Korea.

4. ThinkMarkets

Founded in 2010 by Nauman and Faizan Anees, ThinkMarkets is an Australian-based forex and CFD broker that offers online trading services worldwide.  The company has offices in London, Tokyo, Chicago, Melbourne, Limassol, Dubai, Sofia, and Johannesburg. On its MetaTrader and ThinkTrader platforms, clients can trade over 4,000 instruments. Real stock trading is available on the ThinkTrader app. Traders are supported with free VPS, Signal Centre, Dynamic leverage, Traders’ Gym, etc. To learn more about Think Markets, read our review on Think Markets

Key Features

  • Trading Instruments: 4000+ trading instruments including forex, cryptocurrencies, shares CFDs, indices, metals, and commodities. 
  • Maximum leverage: The maximum leverage of ThinkMarkets is as high as 2000:1. Leverage may vary based on jurisdiction and tradable assets. 
  • Minimum Deposit: The minimum deposit is as low as $0. However, the minimum deposit varies based on account type. ( Standard account: $0, Mini Account: $10, ThinkZero Account: $500)
  • Account Types: Three ( Standard account, ThinkZero Account, Mini Account) 
  • Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip. 
  • Trading Fees: Spreads start from 0.4 pips for the standard account (No commission), and 2.52 pips for the Mini Account (no commission). The ThinkZero account has a spread of 0.0 pips with a commission of $3.5 per lot per side.
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Our Rating

9.2
Total Score
Regulation and Security (40%)9.8
Fees and Commissions (20%)8.4
Trading (15%)9
Trading tools (10%)8
Customer Support (10%)9.5
Trading Education (5%)9

Pros:

  • Regulated by ASIC, FCA, CySEC, JFSA, FSA-S, DFSA 
  • The minimum deposit is as low as $1 
  • The Maximum Leverage is as high as 2000:1 
  • Allows scalping, EA trading, Copy trading
  • Offers social trading options PAMM, MAM Accounts
  • Negative balance protections for EU, UK, and Australian clients
  • Tight Spreads Starting From 0 pips 
  • MT4, MT5, and Thinktrader trading platforms are offered 

Cons:

  • Offshore Entity for international traders 
  • Only Forex and CFDs are offered (not real assets).
  • There is no investment protection scheme for Global traders.
  • Ctrader and TradingView are not offered.
  • No bonuses or promotional offerings are available.
  • Conditions may vary according to regulation and entity.

5. FP Markets: Best for Low-Cost Trading

Founded in 2005 in Australia, FP Markets is a globally recognized forex and CFD broker. It is regulated by top-tier authorities, including ASIC, CySEC, FSCA, FSA in Seychelles, and St. Vincent and the Grenadines. The broker is known for its low-cost trading, offering ultra-low spreads starting from 0.0 pips. 

FP Markets provides access to over 10,000 trading instruments, including 70+ forex pairs, shares on global exchanges, 19 major indices, commodities, bonds, metals, and digital currencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.

The broker offers two account types: Standard and Raw. It supports popular trading platforms, including MT4, MT5, cTrader, and TradingView. FP Markets allows various trading strategies, including scalping, news trading, and EA trading. Additionally, it provides passive investment options like PAMM, MAM, and copy trading. The broker accepts clients from most countries worldwide, except for the USA, its territories, OPAC-restricted countries, and certain EU/UN-restricted regions.

Key Features:

  • Trading Instruments: 10000+ trading instruments including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: 1:30 for retail accounts, 1:500 for professional accounts. 
  •  Minimum Deposit: 100 AUS or equivalent. 
  • Account Types: Offers 2 account types: Standard, Raw
  • Fees: starting from 1.0 pips for a standard account, $3.5 commission on Raw account per side
  • PAMM/ MAM:  Yes, 
  • Zulutrade: Yes 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed 

Our Rating

9.2
Total Score
Regulation and Security (40%)9.2
Fees and Commissions (20%)9
Trading (15%)9
Trading tools (10%)9.5
Customer Support (10%)9.5
Trading Education (5%)9.6

Pros :

  • Regulated by ASIC, CySEC, FSCA, SVGFSA, AFS, FSP 
  • The Maximum leverage is 1:30 for EU retail traders, 1:500 for professional accounts
  • Offers popular trading platforms like MT4, MT5, cTrader, WebTrader, IRESS
  • Hedging, Scalping, EA/Robot, and Copy trading are allowed 
  • Easy, Fast, and Digital account opening
  • Offers passive investment programs like MAM, PAMM Accounts
  • Faster order execution (40ms) 
  • FP Markets offers consistently tighter spreads from 0.0 pips

Cons:

  • No FCA regulation. 
  • The Minimum deposit is $100, which might be high for a beginner
  • High Stock CFD fees 
  • US traders are not accepted 
  • Only two types of accounts ( Standard, Raw)

FP Markets accepts retail clients from South Korea under its St. Vincent and the Grenadines registration, offering a maximum leverage of 1:500. The broker does not have any trading restrictions and is ideal for Expert Advisors (EAs). To learn more, check out our detailed content on FP Markets in South Korea.  

6. Eightcap: Best for Smart Trading

Founded in 2009, Eightcap is an Australia-based forex and CFD broker that offers a wide range of trading instruments including forex, CFDs, Cryptos, share CFDs, Commodity CFDs, and so on. The broker offers a variety of trading platforms such as MT4, MT5, TradingView, and Webtraders. Eightcap allows scalping, EA Trading, and copy trading, and also offers passive investment programs like PAMM and MAM.

Eightcap is a regulated broker, being regulated by ASIC, CySEC, FCA, SVG, and SCB. The broker provides a couple of useful trading tools and services for traders, including AI-powered Economic Calendar Capitalise.ai, FlashTrader, and ForexVPS. Eightcap is reputed for offering prop trading solutions to many brokers.

Key Features:

  • Trading Instruments: 1000+ including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: 1:30 for retail accounts, 1:500 for Professional accounts 
  •  Minimum Deposit: $100 or Equivalent
  • Account Types: Three Types of Accounts including Raw Account, Standard Account, TradingView Account 
  • Fees: about $3.5 per lot on each side for the raw account, 1 pip spread for the standard account, 1 pip spread for the Tradingview account 
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed 
  • EA/ Robot Trading: Allowed

Our Rating

9
Total Score
Regulation and Security (40%)9.6
Fees and Commissions (20%)9
Trading (15%)8.5
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)7.2

Pros:

  • Top Tier regulated Broker
  • Free deposit and withdrawal
  • The maximum leverage is as high as 1:30 for retail traders, and  500:1 for professional accounts 
  • Fully Digital Account Opening
  • MT4 and MT5 trading Platforms are offered
  • TradingView is integrated
  • Stable Liquidity

Cons:

  • Does not accept US Clients
  • The minimum deposit is $100, which might be a bit more for beginners
  • Limited research and educational tools
  • No investor protection scheme in its Global Entity (in fact, no brokers have)

Eightcap onboards the clients of South Korea under its EU entity (CySEC regulation). Learn More about Eightcap in South Korea. 

7. ActivTrades: Best for UK and EU Traders

Founded in 2001 in Switzerland by Alex Pusco, ActivTrades began as a stock brokerage before relocating to London in 2005 to expand its global reach. The broker introduced MetaTrader 4 in 2007, followed by CFDs on indices and commodities in 2008, marking its evolution into a full-fledged forex and CFD broker.

ActivTrades offers a range of platforms, including MT4, MT5, and its proprietary ActivTrader platform, available on both web and mobile. These platforms cater to traders seeking advanced tools and user-friendly interfaces for seamless trading. The broker provides access to a wide variety of trading instruments, including over 45 currency pairs, indices, ETFs, commodities, and share CFDs, ensuring diverse investment options for its clients.

Regulated by top-tier authorities like FCA, SCB, CMVM, BACEN, CVM, and others, ActivTrades emphasizes the safety of client funds through segregated accounts and offers negative balance protection. The broker supports multiple trading styles, including scalping, hedging, and algorithmic trading, making it suitable for traders of all experience levels.

With a commitment to innovation and client satisfaction, ActivTrades also provides additional features such as Smart Tools, VPS hosting, and risk management tools to enhance the trading experience. The broker’s focus on transparency, security, and cutting-edge technology makes it a reliable choice for traders worldwide.

Key Features:

  • Trading Instruments: 1000+ forex and CFD trading instruments including currencies, Stock Indices, Commodities, Bonds, Cryptocurrencies, Stocks
  • Trading Platforms: MT4, MT5, TradingView and ActivTrader.
  • Minimum Deposit:  $0
  • Maximum Leverage: Up to 30:1 (FCA, CMVM), up to 1000:1 (FSC), and up to 500:1 for a professional account.
  • Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread on major currency pairs is 0.5 pips.
  • PAMM/MAM: Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Our Rating

9
ActivTrades Score
Regulation and Security (40%)9
Fees and Commissions (20%)9.3
Trading (15%)9.2
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)8

Pros:

  • Regulated by FCA, SCB, CMVM, FSC (Mauritius) 
  • There is no Minimum Deposit. You may deposit as low as possible
  • The maximum leverage is as high as 400:1.
  • Free deposit and withdrawal.
  • Allows scalping, news trading, and EA trading.
  • Has MT4, MT5, TradingView, and ActivTrades platforms.
  • Offers 1000+ trading instruments.
  • Spreads start from 0.5 pips.
  • Provides fast order execution.
  • Lloyds of London insurance up to $1,000,000.
  • Offers 24-hour customer support in 14 languages.
  • Supports a variety of bank accounts.
  • Available to customers in more than 140 countries

Cons:

  • Not regulated by ASIC or CySEC.
  • Only forex and CFDs are offered; no real tradable instruments are available.
  • No passive investment programs like PAMM or MAM accounts.
  • Mediocre customer support.
  • Not authorized to trade real stocks.
  • Offers 24/5 support.
  • A bank wire withdrawal fee is applicable.
  • Wide spreads in crypto pairs.
  • An inactivity fee may be charged.
  • The minimum deposit for Brazilian and Chinese traders is $500.

ActivTrades onboard clients of South Korea under the CMVM (EU branch), or FSC (Mauritius) entity. Discover more about ActivTrades in South Korea. 

8. AvaTrade: Best for social trading platform

Established in 2006 by Emanuel Kronitz, Negev Nosatzki, and Clal Finance Ltd., AvaTrade is a forex and CFD broker located in Dublin, Ireland. The broker offers trading in numerous markets, including currencies, commodities, stock indices, stocks, exchange-traded funds, options, cryptocurrencies, and bonds through its trading platforms and mobile application. AvaTrade is regulated by nine regulatory bodies across six continents. These regulatory bodies include ASIC, FSA in Japan, CBI in Ireland, FSCA, ADGM, ISA, KNF, and FSA in B.V.I.

AvaTrade offers various trading platforms including MT4, MT5, AvaOption, MAC trading, and Avasocial. MT4 is the most popular and widely used trading platform for forex trading. Traders can use MT4 with all its versions on AvaTrade, including desktop version, mobile, web version, and MT4 trading apps. AvaTrade also offers trading resources and education for newbie traders.

AvaTrade allows almost all trading styles, including scalping, EA trading, and news trading. The broker also offers social copy trading facilities like Avasocial, where traders and investors can copy trades from successful traders. The broker accepts clients worldwide except those from the USA, its territories, and OFAC-restricted countries

Key Features:

  • Trading Instruments: 1,250+ popular trading instruments including Forex, Stocks, Commodities, Indices, ETFs, and Options.
  • Maximum leverage: 1: 30 for EU, UK, and Australian clients, 1:400 for global clients
  • Minimum Deposit: $100
  • Account Types: Two ( Retail account, Professional Account) 
  • Trading Fees: Starting from 0.9 pips on forex 
  • MAM:  Available 
  • PAMM: No 
  • Scalping: Allowed 
  • News Trading: Allowed. However, spreads widen during major news 
  • EA/ Robot Trading: Allowed

Our Rating

8.7
AvaTrade Score
Regulation and Security (40%)9.8
Fees and Commissions (20%)7
Trading (15%)7.5
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)9.2

Pros:

  • Free deposit and withdrawal options
  • Great research tools
  • A wide range of trading instruments
  • Ability to trade from mobile devices
  • Unique social trading features
  • Impressive educational offerings
  • Negative balance protection
  • Does not charge any fees for deposits or Withdrawals
  • Offers commission-free trading
  • Offers negative balance protection
  • Supports multiple trading platforms and EAs

Cons:

  • High inactivity fees
  • Not regulated by the FCA
  • Does not accept U.S. clients
  • No guaranteed stop-loss
  • Do not have 24/7 customer support

AvaTrade onboards the traders of South Korea under ESMA regulation. Learn more about AvaTrade in South Korea 

9. AxiTrader: Best for Trading Instruments

Founded in 2007 in Sydney, Australia, AxiTrader (AXI) is a forex and CFD broker that offers online trading services. The broker is a global brand, serving over 60,000 clients across more than 100 countries. It is regulated by top-tier authorities, including ASIC (Australia), FCA (UK), DFSA (Dubai), FSA (Seychelles), and SVGFSA (St. Vincent and the Grenadines).

Axi provides access to 220+ trading instruments, including forex, shares, indices, commodities, and cryptocurrencies. It offers the popular MetaTrader 4 (MT4) platform, complemented by innovative tools like Autochartist, MT4 NextGen, and the Axi Copy Trading app for social trading. Additionally, the broker is set to launch its proprietary Axi Trading platform to enhance its offerings for both beginner and professional traders.

AxiTrader supports multiple trading styles, including scalping, hedging, and algorithmic trading. It also offers VPS hosting, risk management tools, and a user-friendly mobile app to meet the needs of modern traders. AxiTrader’s combination of advanced tools, competitive spreads, and a strong focus on client security makes it a preferred choice for traders worldwide.

Key Features:

  • Trading Instruments: Offers forex and CFD instruments including FX, shares, indices, commodities, and cryptocurrencies.
  • Trading Platforms: MT4, NextGen
  • Minimum Deposit:  $0
  • Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
  • Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.0 pips for the Pro and Elite account, $ 7 round trip per lot for the Pro account, and $3.50 for the Elite account.
  • PAMM/MAM: Available 
  • Scalping: Allowed 
  • News Trading: Allowed

Our Rating

8.7
Total Score
Regulation and Security (40%)9.2
Fees and Commissions (20%)9
Trading (15%)7.5
Trading tools (10%)7.4
Customer Support (10%)9.4
Trading Education (5%)9

 

Pros

  • A global broker since 2007.
  • Regulated by FCA, ASIC, DFSA, and FMA.
  • Serves over 60,000 customers in 100+ countries.
  • No deposit and withdrawal fees.
  • The minimum deposit is as low as $1.
  • Allows scalping, EA trading, and news trading.
  • Offers passive investment programs like MAM, PAMM, and Zulutrade.
  • Maximum leverage is as high as 400:1.
  • Offers a wide range of trading instruments including forex, metals, indices, commodities, and cryptocurrencies.
  • Spread betting is available for the UK market.
  • Spreads are low and start from 0 pips.
  • Easy and digital account opening process.
  • AutoChartist, MetaTrader 4 NextGen, and PsyQuation are offered.
  • Signal providers and free VPS are offered (conditions apply)

Cons

  • Not regulated by CySEC, a leading regulator for EU countries.
  • The demo account expires after 30 days.
  • The broker does not offer more advanced platforms like MT5 and cTrader; only MT4 is available.
  • The commission is $7 for the