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6 Best Forex Brokers in Chad

Last Update: June 26th, 2024

Best Forex Brokers in Chad

 

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

 

In this in-depth guide, you will learn:

  • The Best Forex Brokers in Chad  – a List
  • Is Forex Trading Legal in Chad?
  • Who Regulates Forex in Chad?
  • The Best Forex Brokers for Beginners
  • Leading MetaTrader Forex Brokers
  • Low XAF Minimum Deposit Brokers

and much, MUCH more!

 

7 Best Forex Brokers in Chad

 

6 Best Forex Brokers in Chad – a Comparison

🔎 Broker🚀Open an Account🤝 Accepts Chadian Traders💶 Min. Deposit (XAF)
🥇 IC Markets👉 Click Here✅Yes120750,14
🥈 GO Markets👉 Click Here✅Yes120750,14
🥉 FP Markets👉 Click Here✅Yes40241,19
🏅 Tickmill👉 Click Here✅Yes60375,07
🎖️ Vantage Markets👉 Click Here✅Yes30187,54
🥇 Moneta Markets👉 Click Here✅Yes30187,54

 

6 Best Forex Brokers in Chad (2024)

  1. ☑️ IC Markets – Overall, the Best Forex Broker in Chad
  2. ☑️ GO Markets – Excellent Overall Offering
  3. ☑️ FP Markets – Best Forex Broker for Beginners
  4. ☑️ Tickmill – Leading MetaTrader Forex Broker
  5. ☑️ Vantage Markets – Best Forex Broker for Copytrading
  6. ☑️ Moneta Markets – High User Trust Score

 

IC Markets Review

 

IC Markets

IC Markets is a renowned Forex and CFD Broker. Regulations include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard. Moreover, a Demo Account is available. The minimum deposit is 200 USD. Notable features include:

Trading Instruments available are Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Trading Platforms include MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.  It should be noted that IC Markets does charge a Commission Fee and the initial minimum deposit is High.

🔎 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

IC Markets suits all levels of Traders. Moreover, Beginners will benefit from a selection of educational resources and trusted multilingual customer support.

 

Go Markets Broker Review

 

GO Markets

GO Markets is a Reliable and Robust Forex and CFD broker. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts available are Standard and GO+ Plus. Moreover, a Demo Account is available. The Minimum deposit is 200 USD. Notable features include:

  • Leverage of up to 1:500
  • Spreads from 0.0 Pips
  • Scalping and Hedging

Trading Instruments include Forex, shares, indices, metals, commodities, and, Cryptocurrencies. Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader.

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

GO Markets suits Beginner and Professional Traders. Benefits of Trading with GO Markets include Multilingual Customer Support.

 

FP Markets

 

FP Markets

FP Markets is a strongly regulated Financial Services Provider. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts offered are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Notable features include:

  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Scalping and Hedging

Trading Instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. Trading Platforms available are MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a Proprietary Mobile Trading 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 Spreads Withdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The benefits of Trading with FP Markets include 24/7 Dedicated Customer Support.

 

Tickmill Review

 

Tickmill

Tickmill is a well-established and highly-regulated Financial Services Provider. Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro. Moreover, a Deom Account is available. Notable features include:

  • Occasional Bonus Offers and Promotions
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500 (VIP Account)
  • Scalping and Hedging

Trading Instruments include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and ETFs. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In Addition, a Proprietary Mobile Trading 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

Tickmill suits all levels of traders. Moreover, it provides Bonus Offers to Beginners on Occassion.

 

VantageFX Review

 

Vantage

Vantage is a reliable multi-asset Forex and CFD Broker. Regulations include CIMA, VFSC, FSCA, and, ASIC. Accounts available are Standard STP, Raw ECN, and, Pro ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:

Occasional Bonus Offers and Promotions

  • Low Minimum Deposit
  • No Inactivity Fee is charged
  • Multilingual Website Option

Trading Instruments include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, bonds, and, crypto CFDs (Australia). Trading Platforms available are MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.Copy and Social Trading is available.

🔍 Broker🥇 Vantage Markets
💵 Minimum Deposit50 USD
4️⃣ Ease of use Rating4/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

Vantage Markets Review

 

Pros and Cons

✅ Pros❌ Cons
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expensesSome payment methods, notably international bank transfers, might incur withdrawal fees
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent marketsSome services and product offers may be restricted based on your location due to legislative limits
Traders can use webinars, market analysis, and other instructional resourcesShare CFD trading expenses on Vantage Markets could be higher than those of certain rivals

 

Our Insights

The benefits of trading with Vantage include Occasional Bonus offers, Excellent educational resources, and supportive customer care.

 

Moneta Markets Review

 

Moneta Markets

Moneta Markets is a comprehensive Forex and CFD Broker. Regulations include FSCA, FSA Seychelles, CIMA, and, ASIC. Accounts available are Direct STP, Prime ECN, and, Ultra ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:

  • Spreads from 0.0 Pips
  • Leverage of up to 1:1000
  • Access to over 40 Currency Pairs
  • No Inactivity Fee is charged

Trading Instruments include Forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies. Trading Platforms include 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 a multilingual website and customer support options.

 

Forex in Chad

 

Is Forex Trading Legal in Chad?

Forex Trading is Legal in Chad. Moreover, it is regulated by the Bank of Central African States (BEAC).

 

Is Forex Trading Legal in Chad?

 

In Conclusion

Forex Trading in Chad has seen a notable rise. Trading in Chad is legal and well-regulated. Moreover, 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 ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewCySEC, MISA, FSCAUSD 25Visit 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 Chadian Traders, 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 is Legal and regulated in Chad.

The Bank of Central African States (BEAC).

The Central African CFA Franc.

No Inactivity Fee is charged.

GO Markets support MetaTrader 4 and MetaTrader 5.

A Commission of US$3 per side is charged.

Scalping and Hedging are Offered.

Vantage offers access to over 40 Currency Pairs, including Major, Minor, and exotic Pairs.

A minimum deposit of 50 USD is required.

An Islamic, Swap-Free Account is available.

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