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6 Best Forex Brokers in Barbados

Forex Brokers Barbados

 

The 6 Best Forex Brokers in Barbados – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Barbados.

 

In this in-depth guide you will learn:

 

  • The Best Forex Brokers in Barbados – a List
  • How to Trade Stocks in Barbados
  • Can you trade Forex from Barbados?
  • The Best Forex Brokers for Beginners

 

and much, MUCH more!

 

6 Best Forex Brokers in Barbados

 

6 Best Forex Brokers in Barbados – a Comparison

 

🔎 Broker🚀 Open an Account🤝 Accepts Local Traders💴 Min. Deposit (BBD)
🥇 IC Markets👉 Click Here✅Yes403,53
🥈 Pepperstone👉 Click Here✅Yes266,02
🥉 CMC Markets👉 Click Here✅YesNone
🏅 Moneta Markets👉 Click Here✅Yes100,88
🎖️ FP Markets👉 Click Here✅Yes133,01
🥇 Tickmill👉 Click Here✅Yes201,77

 

6 Best Forex Brokers in Barbados (2024)

 

  1. ☑️ IC Markets – Overall, the Best Forex Broker in Barbados
  2. ☑️ Pepperstone – Best MetaTrader Forex Broker
  3. ☑️ CMC Markets – Best Mobile Trading Experience
  4. ☑️ Moneta Markets – Best Forex Broker for Copy Trading
  5. ☑️ FP Markets – High User Trust Score
  6. ☑️ Tickmill – Popular Forex Broker for Beginners

 

IC Markets Review

 

IC Markets

IC Markets is a well-established, trusted, a highly regulated Forex and CFD Broker. Regulations by renowned agencies include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard. The minimum deposit is 200 USD. Moreover, a Demo Account is available.

 

In addition, notable Factors and Features include:

 

  • Copy and Social Trading
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs
  • No Inactivity Fee is Charged
  • Scalping and Hedging is Offered

 

Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.

 

🔎 Broker🥇 IC Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📌 Regulation and LicensesASIC, CySEC, FSA, SCB
5️⃣ Ease of Use Rating5/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

IC Markets

 

Pros and Cons

 

✅Pros❌Cons
Affordable forex and CFD trading costsHigh minimum deposit requirement
Comprehensive education and researchNo investor protection for non-EU customers

 

Our Insights

The benefits of trading with IC Markets include a user-friendly registration process and trusted customer support.

 

Pepperstone Review

 

Pepperstone

Pepperstone is a highly regulated and well-established Forex and CFD Broker. Regulations by renowned agencies include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts available are Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Accounts are available. In addition, notable Factors and Features include:

 

  • 24/7 Dedicated Customer Support
  • USD and GBP Base Currencies
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500 (Pro) and 1:200 (Retail)
  • A Commission Fee is Charged
  • Scalping and Hedging are Offered
  • No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.

 

🔎 Broker🥇 Pepperstone
💴 Minimum DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

 

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include Free Deposit Options and Withdrawals.

 

CMC Markets Review

 

CMC Markets

CMC Markets is a trustworthy and well-regarded Forex, CFD, and Financial Services Provider. Regulations by renowned agencies include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Accounts include CFD, Spread Betting, and, Corporate. However, Islamic, Swap-Free Accounts are not available.

 

In addition, notable Factors and Features include:

 

  • 24/5 Customer Support
  • Multiple Base Currencies, including GBP, CAD, and, SEK
  • Spreads from 0.3 Pips
  • Leverage of up to 1:30
  • Access to over 300 Currency Pairs
  • A Commission Fee is Charged

 

Trading instruments and Products include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and ETFs. In addition, Hedging and Scalping are offered. CMC Markets support MetaTrader 4 and Next Generation. Moreover, a Proprietary Mobile App is available.

 

🔎 Broker🥇 CMC Markets
💴 Minimum Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

 

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

The benefits of trading with CMC Markets include excellent educational resources and trusted customer support.

 

Moneta Markets Review

 

Moneta Markets

Moneta Markets is a well-established Forex and CFD Broker with access to over 1’000 tradable assets. Regulations by renowned agencies include AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, and, BRL. Accounts include Direct STP, Prime ECN, and, Ultra ECN. The minimum deposit is 50 USD.

 

In addition, notable Factors and Features include:

 

  • Multiple Base Currencies, including AUD SGD, and, HKD
  • Spreads from 0.0 Pips
  • Access to over 40 Currency Pairs, including Major, Minor, and, Exotic Pairs
  • No Inactivity Fee is Charged
  • Leverage of up to 1:1000

 

Trading Instruments include Forex, commodities, indices, shares, ETFs, bonds, and, cryptocurrencies. Moneta Markets supports PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.

 

🔎 Broker🥇 Moneta Markets
📈 Established Year2019
📉 Regulation and LicensesFSCA, FSA Seychelles, CIMA, ASIC
📊 Ease of Use Rating4/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsPRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App
📌 Account TypesDirect STP, Prime ECN, Ultra ECN
💴 Base CurrenciesAUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
📍 SpreadsFrom 0.0 pips
💹 Leverage1:1000
💵 Currency Pairs44; major, minor, and exotic pairs
💶 Minimum Deposit50 USD
💷 Inactivity FeeNone
🔊 Website LanguagesEnglish, French, German, Spanish, Vietnamese, Thai, Russian, Arabic, Portuguese, Chinese, etc.
🪙 Fees and CommissionsSpreads from 0.0 pips, commissions from $6 round turn
🤝 Affiliate Program✅Yes
❎ Banned CountriesUnited States, Canada, Hong Kong
📈 Scalping✅Yes
📉 Hedging✅Yes
📐 Trading InstrumentsForex, commodities, indices, shares, ETFs, bonds, cryptocurrencies
🚀 Open an Account👉 Click Here

 

Moneta Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
1,000+ tradable assets, including forexSome account types may have volume constraints
Multilingual supportLimited Education

 

Our Insights

The benefits of trading with Moneta Markets include Multilingual Customer Support. Languages supported include French, German, and, Spanish.

 

FP Markets

 

FP Markets

FP Markets is a well-established Forex, CFD, and, Financial Services Provider. Regulations by renowned agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available.

 

In addition, notable Factors and Features include:

 

  • 24/7 Customer Support
  • Multiple Base Currencies, including AUD, CAD, and, EUR
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • No Inactivity Fee is Charged
  • A Commission Fee is Charged

 

Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a Proprietary Mobile App is available.

 

🔎 Broker🥇 FP Markets
💴 Minimum DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets

 

Pros and Cons

 

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight SpreadsWithdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The Benefits of trading with FP Markets include Tight Spreads and Low Forex Fees.

 

Tickmill Review

 

Tickmill

Tickmill is a prominent global Forex Brokerage. Regulations by renowned agencies include CySEC, FCA, FSA, FSCA, and, Labuan FSA. Accounts available are VIP, Classic, and, Pro Accounts. Moreover, a Demo and Islamic, Swap-Free Option is available.

 

In addition, notable Factors and Features include:

 

  • 24/5 Customer Support
  • Multiple Base Currencies, including USD, EUR, and, GBP
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs

 

Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

🔎 Broker🥇 Tickmill
💴 Minimum Deposit$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

Tickmill Overview

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

The benefits of trading with Tickmill include access to various educational resources.

 

Forex in Barbados

 

Is Forex Trading Legal in Barbados?

Forex Trading in Barbados is Legal and well-regulated by the Central Bank.

 

Is Forex Trading Legal in Barbados?

 

In Conclusion

The popularity of Forex Trading in Barbados has seen a notable rise. Moreover, it is well-regulated by the country’s local bank. In addition, Multiple International Forex Brokers accept local traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Traders in Barbados, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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FAQs

Forex Trading in Barbados is Legal and well-regulated by the Central Bank.

The Central Bank of Barbados.

The Barbados Dollar.

IC Markets offers 24/7 Dedicated Customer Support.

The Pepperstone Minimum Deposit is AU$200.

CMC Markets charges an inactivity fee.

Regulation includes FSCA, FSA Seychelles, CIMA, and, ASIC.

The FP Markets minimum deposit is AU$100.

No Inactivity Fee is Charged.