⚡New: Earn Interest on Your Funds with AvaTrade! - Sign Up here

10 Best Forex Brokers in Bolivia

Last Update: April 30th, 2024

Forex Brokers Bolivia

 

The 10 Best Forex Brokers in Bolivia. We have listed the top Forex Brokers accepting Bolivian Traders.

 

In this in-depth guide you will learn:

 

  • The Best Forex Brokers in Bolivia – a List
  • The Best Forex Brokers for Beginners
  • Top MT4/MT5 Forex Brokers
  • Forex Brokers for Foreigners

 

and much, MUCH more.

 

10 Best Forex Brokers in Bolivia

 

10 Best Forex Brokers in Bolivia – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Bolivian Traders💶 Min. Deposit (BOB)
🥇 Pepperstone👉 Click Here✅Yes908,53 BOB
🥈 FP Markets👉 Click Here✅Yes454,26 BOB
🥉 Tickmill👉 Click Here✅Yes695,23 BOB
🏅 Moneta Markets👉 Click Here✅Yes347,61 BOB
🎖️ Interactive Brokers👉 Click Here✅YesNone
🥇 XTB👉 Click Here✅YesNone
🥈 Oanda👉 Click Here✅YesNone
🥉 Admirals👉 Click Here✅Yes173,81 BOB
🏅 IG👉 Click Here✅Yes347,61 BOB
🎖️ XM👉 Click Here✅Yes34,76 BOB

 

10 Best Forex Brokers in Bolivia (2024)

 

  1. ☑️ Pepperstone – Overall, the Best Forex Broker in Bolivia
  2. ☑️ FP Markets – Best Forex Broker for Advanced Traders
  3. ☑️ Tickmill – Great research and education
  4. ☑️ Moneta Markets – Wide Range of Trading Instruments
  5. ☑️ Interactive Brokers – Best Forex Brokers for Beginners
  6. ☑️ XTB – Low BOB Forex Trading Fees
  7. ☑️ Oanda – Regulated by 7 Tier-1 Regulators
  8. ☑️ Admirals – Best MetaTrader 4 and MetaTrader 5 Forex Broker
  9. ☑️ IG – High User Trust Score
  10. ☑️ XM – Highly Experienced Multi-asset Broker

 

Pepperstone Review

 

Pepperstone

Pepperstone is a trustworthy and highly regulated Forex Broker that provides competitive spreads on Contracts for Difference (CFDs). It offers access to stocks, forex pairs, cryptocurrencies, indices, and commodities.

Top-tier authorities such as the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority of the United Kingdom (FCA) regulate it. Moreover, negative balance protection and SSL encryption for data transmission are provided.

Account types include Standard, Razor, Professional, Islamic, and Demo. Trading Platforms are MetaTrader 4, MetaTrader 5, cTrader, Capitalise.ai, and, TradingView.

The minimum deposit is AU$200.

 

🔎 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 an impressive range of Trading Platforms, a Variety of Educational materials, and, 24/7 Customer Support.

 

FP Markets

 

FP Markets

FP Markets is a trustworthy, highly regulated Forex Broker with a competitive price structure. The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) regulate it.

It provides over 10,000 trading products, including Forex, indices, commodities, stocks, and cryptocurrencies. Moreover, Client funds are kept in segregated accounts. Accounts offered are Standard, Raw, Islamic Standard, and, Islamic Raw. A Demo Option is available.

Trading Platforms include MetaTrader 4, MetaTrader 5, IRESS, cTrader, and a proprietary app. Education offered includes Trading Manuals and Blogs.

 

🔎 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 Low Forex Fees and Tight Spreads.

 

Tickmill Review

 

Tickmill

Tickmill is a trustworthy and highly regulated online Forex and CFD broker. The Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Seychelles Financial Services Authority (FSA) regulate it. Moreover, client feeds are kept in segregated accounts.

Accounts offered are Pro, Classic, VIP, Demo, and, Islamic. The MetaTrader 4 and MetaTrader 5 platforms provide automated trading techniques using Expert Advisors.  The following trading instruments and products:

 

  • 62 currency pairings
  • 23 Indices
  • 3 energy contracts
  • 4 precious metals
  • 4 bond instruments

 

Various deposit methods are accepted, including bank transfers, credit/debit cards, and,  e-wallets.

 

🔎 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 numerous account options, reasonable spreads, and commission structures.

 

Moneta Markets Review

 

Moneta Markets

Moneta Markets is a popular and well-trusted Forex and CFDs Broker. FSCA, FSA Seychelles, CIMA, and,  ASIC regulate it. Account types offered are Direct STP, Prime ECN, Ultra ECN, Demo, and, Islamic. The minimum deposit is 50 USD.

Trading Platforms offered are PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and,  CopyTrader. It offers over 1,000 assets, including forex, commodities, indices, and share CFDs.

Moreover, Moneta Markets delivers frequent market updates and analysis on Forex.

 

🔎 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
🚀 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, Competitive spreads, and vast educational resources.

 

Interactive Brokers Review

 

Interactive Brokers

Interactive Brokers is a well-established and trusted Forex Broker. FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, the MAS regulate it. Account Types include IBKR Lite, IBKR Pro, Demo, and Islamic. No minimum deposit is required.

Trading Platforms available are IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.

Educational resources include Podcasts and a Blog.

 

🔎 Broker🥇 Interactive Brokers
💴 Min. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers

 

Pros and Cons

 

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

The Benefits of Trading with Interactive Brokers include Highly competitive commissions and comprehensive desktop, online, and mobile trading platforms.

 

XTB Review

 

XTB

XTB is a reliable and respected Forex and CFDs Brokers. FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and the IFSC regulate it. Accounts offered are Standard, Swap-Free, and Demo. No minimum deposit is required.

Trading Platforms available are xStation 5 and xStation Mobile.

 

🔎 Broker🥇 XTB
📈 RegulationFCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, IFSC
📉 Social Media PlatformsFacebook
Twitter
LinkedIn
YouTube
📊 Trading AccountsStandard Account
Swap-free Account
Islamic Account
Professional Account
💹 Trading PlatformxStation 5
xStation Mobile
💴 Minimum DepositThere is no specific minimum deposit required
📌 Trading AssetsForex
Indices
Commodities
Stock CFDs
ETF CFDs
Cryptocurrencies
💵 USD-based Account✅Yes
💶 USD Deposits Allowed✅Yes
🎁 Bonuses✅Yes
📍 Minimum spreadFrom 0.5 pips
🆓 Demo Account✅Yes
☪️ Islamic Account✅Yes
🚀 Open an Account
👉 Click Here

 

XTB

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh conversion fee

 

Our Insights

The benefits of trading with XTB include a variety of Educational resources and trusted customer support.

 

OANDA

 

OANDA

OANDA is a popular and trusted Forex and CFDs Broker. Ten Tier-1 Regulators govern it. Accounts offered include Standard, Core, Swap-Free, Premium, Premium Core, and Demo. Trading Platforms available are FxTrade, MetaTrader 4, MetaTrader 5, and a proprietary platform.

OANDA provides frequent seminars on a wide range of trading subjects. No minimum deposit is required.

 

🔎 Broker🥇 OANDA
💶 Minimum DepositNone
📌 Account TypesStandard, Elite Trader
🆓 Demo Account✅Yes
🎁 Bonus Offers✅Yes
✏️ Education✅Yes
📲 Mobile Trading✅Yes
🖱️ Trading PlatformMetaTrader 4
🚀Open an Account👉 Click Here

 

Oanda

 

Pros and Cons

 

✅ Pros❌ Cons
Great trading platformsOnly FX and CFD available for most clients
Outstanding research toolsLacking Customer Support
Low trading feesInactivity fee

 

Our Insights

The benefits of trading with OANDA include bespoke trading platforms, instructional resources, and, comprehensive charting packages.

 

Admirals Review

 

Admirals

Admirals is a trustworthy and regulated Forex and CFDs Forex Broker with competitive trading fees. Accounts available include Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5, Swap-Free, and Demo. The minimum deposit is 25 USD.

Trading Platforms available are MetaTrader 4 and MetaTrader 5. The following trading instruments and products are offered:

 

  • 80+ currency pairings
  • 42+ cryptocurrencies
  • 29+ commodities
  • 40+ indices are accessible for trading.
  • Over 4,500 equities
  • More than 400 ETFs

 

Additionally, Admirals offer trading on two bond CFDs.

 

🔑Broker🥇Admirals
💴Minimum Deposit25 USD
🎉Established Year2001
⏰Support Hours24/5
💻Trading PlatformsMetaTrader 4, MetaTrader 5, Admirals App
📈Account TypesTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5
🚀 Open an Account
👉 Click Here

 

Admirals

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalNo 24/7 customer service

 

Our Insights

The benefits of trading with Admirals include zero-pip spreads on selected accounts and instruments.

 

IG Review

 

IG

IG is a Leading Forex and CFDs Broker. Moreover, ten tier-1 Regulators govern it. Accounts offered are a CFD/DMA Trading Account, a Limited Risk Trading Account, an Options Trading Account, a Turbo24 Trading Account, a Share Dealing Account, a Spread Betting Account, and, a Swap-Free Trading Account.

Trading Platforms available include MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, and, FIX API. The minimum deposit is 50 USD.

 

🔎Broker🥇IG
📈 Regulation and LicensesFCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA
📉 Ease of Use4/5
📊 Support Hours24/7
💻 Trading PlatformsMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💴 Base CurrenciesUSD
📊 SpreadsFrom 0.1 pips DMA
📌 Leverage1:222 (Pro), 1:30 (EU, UK, Retail)
💸 Currency Pairs80+; major, minor, and exotic pairs
💳 Minimum DepositFrom 50 USD (differs per region)
🚫 Inactivity FeeYes, 12 USD after 2 years of inactivity
📍 Website LanguagesEnglish
💰 Fees and CommissionsSpreads from 0.1 pips, commissions from 0.10%
🚀Open an Account👉 Click Here

 

IG Markets

 

Pros and Cons

 

✅ Pros❌ Cons
Access to over 17,000 instruments across marketsLimitations on customer support hours
Investing opportunities for high-volume tradersInactivity fees apply
Several advanced Trading platformsIG is not available in all regions

 

Our Insights

The benefits of trading with IG include a variety of instructional resources, an extensive range of tradable assets, and, guaranteed stop-loss orders.

 

XM Review

 

XM

XM is a highly regulated Forex Broker that specializes in Forex and CFD. The Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission Belize (IFSC) regulate it.

Accounts offered are Micro, Standard, Ultra-Low, Shares, Islamic, and, Demo. Trading Platforms available are MetaTrader 4 and MetaTrader 5. The minimum deposit is 5 USD.

 

🔎 Broker🥇 XM
💴 Minimum Deposit$5 USD
🎁 Bonus Offers✅Yes
📈 Account TypesMicro Account, Standard Account, XM Ultra-Low Account, Shares Account
⏰ Support Hours24/7
🆓 Demo Account✅Yes
🚀 Open an Account
👉 Click Here

 

XM Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Low Minimum depositNo social trading features available
Unlimited Demo AccountInactivity Fees

 

Our Insights

The benefits of trading with XM include cutting-edge technology and user-friendly interfaces.

 

Forex in Bolivia

 

Is Forex Trading Legal in Bolivia?

Forex Trading is legal in Bolivia. Moreover, it is regulated by the Financial Services Supervisory Authority (ASFI).

 

Is Forex Trading Legal in Bolivia?

 

In Conclusion

Forex Trading is Legal and well-regulated in Bolivia. Moreover, multiple international brokers accept Bolivian 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 ReviewSFSA, FSCA, CySec*USD 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 ReviewNot Regulated0.001 BTCVisit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewCySEC,MISA, FSCAUSD 20Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers in Bolivia, we found 10 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.

 

You might also like:

 

 

Frequently Asked Questions

 

Is Forex Trading Legal in Bolivia?

Forex can be traded in Bolivia without restriction.

 

Who regulates the Bolivian Financial Markets?

The Financial Services Supervisory Authority (ASFI).

 

Is the Pepperstone Website Multilingual?

Pepperstone’s website is multilingual. Languages include English, Spanish, Russian, Chinese, Vietnamese, Arabic, Indonesian, Italian, French, Laotian, German, and Polish.

 

What can I trade with FP Markets?

Over 70 forex pairs, CFDs on stocks, indices, commodities, cryptocurrencies, and more.

 

Does Tickmill offer educational resources?

Tickmill provides a wealth of instructional tools, including webinars, video lessons, and market analysis.

 

What is Moneta Markets’ minimum deposit?

The Direct STP account is 50 USD, while the Prime ECN account is 200 USD, and the Ultra ECN account, is 20’000 USD.

 

Where is IBKR based?

IBKR is located in the United States.

 

What is XTB’s minimum deposit?

No minimum deposit is required.

 

How long does OANDA’s withdrawal take?

Withdrawals from OANDA take between 1 – 5 Business Days.

 

What platforms does Admirals offer?

MetaTrader 4 and MetaTrader 5.

 

Does IG offer stop-loss orders?

IG provides guaranteed stop-loss orders.

 

How long do XM withdrawals take?

Withdrawals normally take 24 hours to process.