7 Best Forex Brokers in Comoros
Last Update: June 26th, 2024
The 7 Best Forex Brokers in Comoros – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Comoros.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Comoros – a List
- Is Forex Trading Legal in Comoros?
- Who regulates Forex in Comoros?
- What is the most legit forex broker?
- The Best Forex Brokers for Beginners?
- The Best MetaTrader Forex Brokers
and much, MUCH more!
7 Best Forex Brokers in Comoros – A Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Comorian Traders | 💴 Min. Deposit (KMF) |
🥇 IC Markets | 👉 Click Here | ✅Yes | 91130,00 |
🥈 Tickmill | 👉 Click Here | ✅Yes | 45565,00 |
🥉 FP Markets | 👉 Click Here | ✅Yes | 30195,93 |
🏅 Pepperstone | 👉 Click Here | ✅Yes | 60391,85 |
🎖️ HF Markets | 👉 Click Here | ✅Yes | None |
🥇 Octa | 👉 Click Here | ✅Yes | 11391,25 |
🥈 FXTM | 👉 Click Here | ✅Yes | 4556,50 |
7 Best Forex Brokers in Comoros (2024)
- ☑️ IC Markets – Overall, The Best Forex Broker in Comoros
- ☑️ Tickmill – Best MetaTrader Forex Broker
- ☑️ FP Markets – High User Trust Score
- ☑️ Pepperstone – Best Online Trading Experience
- ☑️ HF Markets – Excellent Overall Offering
- ☑️ Octa – Low KMF Minimum Deposit
- ☑️ FXTM – Best Mobile Trading Experience
IC Markets
IC Markets is a trusted and highly regulated Forex Broker. Regulations include ASIC, CySEC, FSA, and, the SCB. Account includes cTrader, Raw Spread, and, Standard. Moreover, a Demo account is available. The minimum deposit is 200 USD. Notable features include:
Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In addition, an IC Markets Mobile Trading App is offered.
🔎 Broker | 🥇 IC Markets |
💴 Minimum Deposit | 200 USD |
💵 Inactivity Fee | None |
📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Affordable forex and CFD trading costs | High minimum deposit requirement |
Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
IC Markets suites all levels of traders. Moreover, Beginners will benefit from excellent education resources and impressive customer support.
Tickmill
Tickmill is a popular and multi-regulated multi-asset broker. Regulations include Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro. Moreover, a Demo Account is available. The minimum deposit is 100 USD. Notable features include:
- Bonus Offers and Promotions
- A Welcome Account
- Spreads from 0.0 Pips
- Over 60 Currency Pairs
- 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 Tickmill Mobile App is available.
🔎 Broker | 🥇 Tickmill |
💴 Minimum Deposit | $100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
📉 Leverage | 1:500 |
💶 Currency Pairs | 62, major, minor, and exotic pairs |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
The benefits of trading with Tickmill include a Multilingual Website option and Multilingual Customer Support.
FP Markets
FP Markets is a highly trusted and well-regulated financial services provider. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are Standard, Raw, Islamic Standard, and, Islamic Raw. The Minimum deposit is AU$200. Notable features include:
- Spreads from 0.0 Pips
- No Inactivity Fee is charged
- Access to Minor, Major, and Exotic Currency Pairs
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, an FP Markets Bole Trading App is available.
🔎 Broker | 🥇 FP Markets |
💴 Minimum Deposit | AU$100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips |
📉 Leverage | 1:500 |
💶 Currency Pairs | Major, Minor, Exotic |
📌 Regulations | ASIC, CySEC, FSCA, FSA, FSC |
5️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
FP Markets is regulated in several regions | There are limited instruments offered |
MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
Tight Spreads | Withdrawal fees apply |
There are low forex fees | No sign-up or no-deposit bonus |
Our Insights
FP Markets suits all levels of Traders. Moreover, all Traders will benefit from 24/7 Dedicated Customer Support.
Pepperstone
Pepperstone is a leading Australian Financial Services Provider. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and the SCB. Accounts available are Standard and Razor. Moreover, a Demo Account is available. The minimum deposit is AU$200. Notable features include:
- USD and GBP Base Currencies
- Spreads from 0.0 Pips
- Over 70 Currency Pairs
- Leverage of up to 1:500
Trading Instruments include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Trading Platforms are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and Capitalise.ai.
🔎 Broker | 🥇 Pepperstone |
💴 Minimum Deposit | AU$200 |
📈 Account Types | Standard Account, Razor Account |
💵 Base Currencies | USD, GBP |
📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
💶 Currency Pairs | 70, minor, major, and exotic pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic Trading Platforms |
Our Insights
The benefits of trading with Pepperstone include the availability of Scalping and Hedging. In addition, no inactivity fee is charged.
HF Markets
HF Markets, or, HFM, is a well-established and trusted Forex and CFD Broker. Regulations include the FSCA, CySEC, DFSA, FSA, FCA, FSC, and, the CMA. Accounts available are Xent, Zero, Pro, and, Premium. No Minimum Deposit is required. Notable features include:
- Bonus Offers and Promotions
- 5 Base Currencies
- Leverage of up to 1:2000
- Over 50 Currency Pairs
Trading Instruments include Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, and, ETFs. Trading Platforms are MetaTrader 4 and MetaTrader 5. In addition, an HFM Mobile Trading App is available.
🔎 Broker | 🥇 HFM |
💴 Minimum Deposit | $0 |
📌 Regulation and Licenses | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | ✅Yes |
⏰ Support Hours | 24/5 |
⚙️ Trading Platforms | MT4, MT5, HFM Trading App |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Top-tier Regulation | Regional constraints |
Segregated Accounts for Client Funds | Inactivity fees |
Our Insights
The Benefits of Trading with HFM include Excellent Customer Support and a large selection of Educational Resources.
Octa
OctaFX, or, Octa, is a global multi-asset CFD Broker. Regulations include CySEC, MISA, and, the FSCA. Accounts available are OctaTrader, MetaTrader 4, and, MetaTrader 5. Moreover, a Demo Account is available. The minimum deposit is 25 USD. Notable features include:
- Bonus Offers and Promotions
- Commission Free Trading
- Leverage up to 1:500
- Spreads from 0.0 Pips
Trading Instruments include Forex, Shares, Indices, Commodities, and, Cryptocurrencies. Trading Platforms include MetaTrader 4, MetaTrader 5, and, OctaTrader. In addition, a Octa Mobile App is available.
🔎 Broker | 🥇 Octa |
💵 Minimum Deposit | 25 USD |
4️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | ✅Yes |
🪙 Currency Pairs | 35, Major, Minor, Exotic Pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Powerful trading platforms | No Tier-1 Regulations |
Diverse set of trading instruments | Demo Account expires after 30 Days |
Our Insights
The Benefits of trading with Octa include Multilingual Customer Support and access to Webinars/Seminars.
FXTM
FXTM is a highly regulated and trusted Forex and CFD Broker. Regulations include CySEC, FSCA, FCA, CMA, and, the FSC Mauritius. Accounts available are Micro, Advantage, and, Advantage Plus. In addition, a Demo Account is available. The minimum deposit is 10 USD. Notable features include:
- A Referal Bonus
- Multiple Base Currencies
- Spreads from 0.0 Pips
- Multilingual Website Option
- Leverage of up to 1:2000
Trading instruments include Forex, Forex Indices, Spot Metals, CFD Kenya Stocks, Kenya Stocks, CFD US Stocks, US Stocks, Hong Kong Stocks, CFD EU Stocks, Spot Commodities, Spot Indices, Stock Baskets, and, Crypto CFDs. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.
🔎 Broker | 🥇 FXTM |
💴 Minimum Deposit | 10 USD |
💵 Inactivity Fee | $5 after 6 months of inactivity |
🎁 Bonuses | Referral bonus |
⏰ Support Hours | 24/5 |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader |
📌 Account Types | Micro, Advantage, Advantage Plus |
💷 Base Currencies | USD, EUR, GBP, NGN |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Micro Account for Beginners | Inactivity Fee |
Dedicated customer support teams | Fees apply to most withdrawal methods |
Our Insights
Beginners will benefit from a Micro Account with a Low Minimum Deposit of 10 USD. Moreover, trusted Customer support is offered.
Is Forex Trading Legal in Comoros?
Forex Trading is fully licensed and regulated in Comoros. Moreover, a dedicated bank account must be obtained to do so legally.
Who Regulates Forex Trading Comoros?
The Ministry of Finance and Budget and, the Central Bank license and regulate Forex in Comoros.
In Conclusion
Forex Trading in Comoros has seen a notable rise in popularity. To trade Forex in Comoros, a dedicated bank account must be obtained. Moreover, it is licensed and regulated by the Ministry of Finance and Budget and, the Central Bank.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker | |
🥈 | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker | |
🥉 | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker | |
4 | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker | |
5 | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker | |
6 | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker | |
7 | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker | |
8 | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker | |
9 | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker | |
10 | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Comorian Traders, we found 7 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:
- IC Markets Review
- Tickmill Review
- FP Markets Review
- Pepperstone Review
- HF Markets Review
- Octa Review
- FXTM Review
Forex Trading in Comoros is Legal and Regulated.
The Ministry of Finance and Budget and, the Central Bank of Comoros regulate it.
IC Markets does not offer a Sign-Up Bonus at this time.
FP Markets offers 24/7 Customer Support.
The Peppersne mitonimum deposit is AU$200.
HFM supports MetaTrader 4 and MetaTrader 5.
Regulations include CySEC, MISA, and, the FSCA.
A Referal Bonus is available.