7 Best Forex Brokers in Ecuador

Edited by: Marlie Rosset

Ecuador

 

We’ve listed the 7 Best Forex Brokers that accept traders from Ecuador, providing access to global forex and CFD markets through internationally regulated platforms. While forex trading in Ecuador is legal, the country does not have a dedicated local authority that specifically licenses or supervises retail forex brokers.

As a result, Ecuadorian traders typically open accounts with brokers regulated by well-known international authorities such as the FCA, ASIC, CySEC, and FSCA. Traders in Ecuador can access major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies through advanced trading platforms offering competitive spreads, fast execution speeds, and strong account security measures.

 

7 Best Forex Brokers in Ecuador (2026)

 

  1. Interactive Brokers – Overall, the Best Forex Broker in Ecuador.
  2. XM – Multiple account types for different trading levels.
  3. XTB – Offers competitive spreads for Ecuadorian traders.
  4. Pepperstone – Low spreads and fast execution for forex pairs.
  5. IC Markets – True ECN execution with tight spreads.
  6. FxProSupports Spanish-language client services.
  7. FBS – Accepts Ecuadorian clients under international regulation.

 

10 Best Forex Brokers – Globally

 

 

Pros and Cons of Forex Brokers in Ecuador – Immediate Advantages and Disadvantages

 

✓ Pros✕ Cons
Access to brokers regulated by top-tier authorities (FCA, ASIC, CySEC, FSCA).No dedicated local Ecuadorian forex regulator for retail brokers.
Client funds typically held in segregated accounts.Legal protection depends on foreign regulatory frameworks.
Strong transparency and compliance standards.Cross-border dispute resolution may take longer.
Negative balance protection offered by many brokers.Regulatory safeguards vary by entity and jurisdiction.
Advanced platforms with competitive spreads and fast execution.Some brokers serve clients through offshore entities.

 

Ecuadorian traders rely on established international regulators to ensure broker accountability, financial stability, and fair market practices. Although Ecuador does not have a specific local authority overseeing retail forex brokers, selecting a well-regulated international broker can still provide a secure, transparent, and globally competitive trading environment.

 

1. Interactive Brokers

Interactive Brokers does not hold a dedicated Ecuadorian forex license, yet it fully accepts Ecuadorian traders under its global entities. The broker delivers access to major and minor currency pairs, CFDs, and multi-asset markets using robust platforms, competitive spreads, and internationally recognized regulation.

 

BrokerInteractive Brokers
PlatformsMT4
MT5
Proprietary
Minimum DepositNone
SpreadsVariable
LeverageUp to 1:40
InstrumentsForex
CFDs
Stocks
Options
Regulation🇺🇸 SEC
🇺🇸 FINRA
🇬🇧 FCA
🇦🇺 ASIC
Open an AccountOpen Account

 

★★★★
Minimum Deposit: $0
Regulated by: SEC, FINRA, FCA, ASIC
Crypto: No

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with Interactive Brokers?

Yes, Ecuadorian traders can open accounts through Interactive Brokers’ global entities. The broker provides full access to forex, CFDs, and other asset classes while ensuring account security and adherence to international regulations.

 

Which regulations cover Interactive Brokers for Ecuadorian clients?

Interactive Brokers is regulated globally by 🇺🇸 SEC, 🇺🇸 FINRA, 🇬🇧 FCA, and 🇦🇺 ASIC. Ecuadorian traders benefit from these strong international protections, ensuring fund segregation, transparent pricing, and professional trading standards.

 

Interactive Brokers

 

★★★★
Minimum Deposit: $0
Regulated by: SEC, FINRA, FCA, ASIC
Crypto: No

 

Pros and Cons

 

✓ Pros✕ Cons
Global regulationNo Ecuador-specific license
Segregated client fundsLeverage lower than some brokers
Multi-asset accessPlatform may be complex for beginners
Competitive pricingFewer promotions or bonuses
Advanced toolsRetail accounts limited by some regional rules

 

Our Insights

Interactive Brokers serves Ecuadorian traders through its global licenses, combining professional-grade trading tools, secure fund management, and competitive pricing. It stands out for multi-asset access, strong international regulation, and reliable platforms, making it ideal for serious forex and CFD traders in Ecuador.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐⭐
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐⭐

 

2. XM

XM does not hold a dedicated Ecuadorian forex license but accepts Ecuadorian traders under its global entities. The broker provides access to over 1,000 instruments, including forex and CFDs, through MT4 and MT5 platforms, with competitive spreads, flexible leverage, and internationally recognized regulation for secure trading.

 

BrokerXM
PlatformsMT4
MT5
Minimum Deposit5 USD
SpreadsFrom 0.8 pips
LeverageUp to 1:1000
InstrumentsForex
CFDs
Commodities
Indices
Regulation🇨🇾 CySEC
🇿🇦 FSCA
🇦🇪 DFSA
🇲🇺 FSC Mauritius
🇸🇨 FSA Seychelles
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes (not available under CySEC (EU) or DFSA (MENA).

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with XM?

Yes, Ecuadorian traders can open accounts via XM’s global entities. The broker offers forex, CFDs, and other assets with secure fund management, flexible leverage, and professional trading tools.

 

Which regulations cover XM for Ecuadorian clients?

XM is regulated by 🇨🇾 CySEC, 🇿🇦 FSCA, 🇦🇪 DFSA, 🇲🇺 FSC Mauritius, 🇸🇨 FSA Seychelles, and 🇺🇸 FSC. Ecuadorian traders benefit from these robust international protections, ensuring transparency, segregated accounts, and reliable execution.

 

XM

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC
Crypto: Yes (not available under CySEC (EU) or DFSA (MENA).

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo local Ecuadorian license
Very low minimum depositHigh leverage may increase risk
Wide range of instrumentsSome account types have higher spreads
Flexible leverage up to 1:1000Promotions may vary by region
Regulated by multiple authoritiesPlatform may overwhelm beginners

 

Our Insights

XM provides Ecuadorian traders with low deposits, flexible leverage, and access to a wide range of markets. Its strong international regulation, secure trading environment, and multiple account types make it ideal for beginners and experienced traders seeking reliable forex and CFD access.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

3. XTB

XTB does not hold a dedicated Ecuadorian forex license but fully accepts Ecuadorian traders under its global entities. The broker provides access to over 50 forex pairs, CFDs on stocks, indices, and commodities, through its proprietary xStation platform and MT4, with competitive spreads, fast execution, and strong international regulation.

 

BrokerXTB
PlatformsxStation
MT4
Minimum DepositVaries by account
SpreadsFrom 0.1 pips
LeverageUp to 1:500
InstrumentsForex
CFDs
Indices
Commodities
Stocks
Regulation🇬🇧 FCA
🇵🇱 KNF
🇧🇿 IFSC
🇨🇾 CySEC
Open an AccountOpen Account

 

★★★★
Minimum Deposit: $0
Regulated by: FCA, KNF, IFSC, CySEC
Crypto: Yes

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with XTB?

Yes, Ecuadorian traders can open accounts via XTB’s global entities. The broker offers forex, CFDs, and other markets with secure fund protection, reliable execution, and multiple account types for beginners and experienced traders.

 

Which regulations cover XTB for Ecuadorian clients?

XTB is regulated by 🇬🇧 FCA, 🇵🇱 KNF, 🇧🇿 IFSC, and 🇨🇾 CySEC. Ecuadorian traders benefit from these international protections, ensuring transparency, segregated client funds, and reliable trading practices.

 

XTB

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo local Ecuadorian license
Low spreads and fast executionLeverage limited by account type
Proprietary xStation platformMT4 may be needed for advanced tools
Regulated by multiple authoritiesFewer promotions in some regions
Access to forex, CFDs, and indicesSome advanced features may overwhelm beginners

 

Our Insights

XTB provides Ecuadorian traders with a robust, beginner-friendly platform, low spreads, and multi-market access. Its strong global regulation, secure accounts, and professional trading tools make it a reliable choice for both new and experienced traders in Ecuador.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Top 3 Forex Brokers in Ecuador – Leaders Face Off

 

BrokerInteractive Brokers SmallXM SmallXTB Small
Minimum DepositNone5 USDVaries by account type
Fund Withdrawal FeeTypically freeVaries by methodNone
Spreads FromVariable0.8 pips
(Ultra Low Account)
From 0.1 pips
CommissionsVariableZero on most account
types
Variable
Swap FeesYesYesYes
LeverageUp to 1:40
(Retail Clients)
Up to 1,000:1*Up to 1:500
Margin RequirementsVariesVariableVaries
CFDs AvailableMultiple instruments1,000+Multiple instruments
RegulationSEC
FINRA
FCA
ASIC
FSC
CySEC
FSCA
DFSA
FSC Mauritius
FSA Seychelles
SCA
FCA
KNF
IFSC
CySEC
Open an AccountOpen AccountOpen AccountOpen Account

 

4. Pepperstone

Pepperstone does not hold a dedicated Ecuadorian forex license but fully accepts Ecuadorian traders under its global entities. The broker provides ECN-style execution, competitive spreads, and access to major and minor currency pairs, commodities, and indices, through MT4, MT5, and cTrader platforms with strong international regulation.

 

BrokerPepperstone
PlatformsMT4
MT5
cTrader
Minimum DepositLow
SpreadsFrom 0.0 pips
LeverageUp to 1:500
InstrumentsForex
CFDs
Indices
Commodities
Regulation🇦🇺 ASIC
🇬🇧 FCA
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with Pepperstone?

Yes, Ecuadorian traders can open accounts via Pepperstone’s global entities. The broker offers secure trading, ECN execution, and access to a wide range of forex and CFD instruments with professional-grade platforms.

 

Which regulations cover Pepperstone for Ecuadorian clients?

Pepperstone is regulated by 🇦🇺 ASIC and 🇬🇧 FCA. Ecuadorian traders benefit from these top-tier protections, including segregated accounts, transparent pricing, fast execution, and dispute resolution under international standards.

 

Pepperstone

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo Ecuador-specific license
ECN execution with low spreadsSome account types require higher deposits
Fast order executionAdvanced tools may be complex for beginners
Regulated by top-tier authoritiesLimited bonuses or promotions
Supports MT4, MT5, cTraderLeverage varies by region

 

Our Insights

Pepperstone delivers Ecuadorian traders fast, ECN-style execution, competitive pricing, and reliable platforms. Its strong global regulation, wide market access, and advanced tools make it ideal for active traders and those using automated strategies in Ecuador.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

5. IC Markets

IC Markets does not hold a dedicated Ecuadorian forex license but accepts Ecuadorian traders under its global entities. The broker provides ECN-style execution, ultra-tight spreads, and access to major and minor forex pairs, commodities, indices, and cryptocurrencies, using MT4, MT5, and cTrader platforms under strong international regulation.

 

BrokerIC Markets
PlatformsMT4
MT5
cTrader
Minimum DepositLow
SpreadsFrom 0.0 pips
LeverageUp to 1:500
InstrumentsForex
CFDs
Indices
Commodities
Crypto
Regulation🇦🇺 ASIC
🇨🇾 CySEC
🇸🇪 FSA Seychelles
Open an AccountOpen Account

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with IC Markets?

Yes, Ecuadorian traders can open accounts via IC Markets’ global entities. The broker offers ECN execution, competitive pricing, and access to multiple instruments with secure fund segregation and professional platforms.

 

Which regulations cover IC Markets for Ecuadorian clients?

IC Markets is regulated by 🇦🇺 ASIC, 🇨🇾 CySEC, and 🇸🇪 FSA Seychelles. These global regulations provide Ecuadorian traders with account security, transparency, and reliable trading practices.

 

IC Markets

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo Ecuador-specific license
True ECN execution with tight spreadsAdvanced tools may overwhelm beginners
Fast execution for scalpingSome offshore entities for certain accounts
Multi-platform supportLimited promotions
Broad range of instrumentsLeverage varies by region

 

Our Insights

IC Markets offers Ecuadorian traders ultra-low spreads, fast ECN execution, and broad market access. Its strong international regulation, multi-platform support, and professional-grade tools make it a top choice for scalpers, algorithmic traders, and experienced forex investors in Ecuador.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

6. FxPro

FxPro does not hold a dedicated Ecuadorian forex license but fully accepts Ecuadorian traders under its global entities. The broker provides access to forex, CFDs on stocks, indices, and commodities through MT4, MT5, and cTrader platforms, offering competitive spreads, flexible leverage, and strong international regulation for secure trading.

 

BrokerFxPro
PlatformsMT4
MT5
cTrader
Minimum DepositLow
SpreadsFrom 0.0 pips
LeverageUp to 1:500
InstrumentsForex
CFDs
Indices
Commodities
Stocks
Regulation🇬🇧 FCA
🇨🇾 CySEC
🇿🇦 FSCA
🇧🇸 SCB
Open an AccountOpen Account

 

★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, ASIC
Crypto: Yes

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with FxPro?

Yes, Ecuadorian traders can open accounts via FxPro’s global entities. The broker provides access to forex, CFDs, and other instruments with secure fund segregation, professional trading tools, and reliable execution.

 

Which regulations cover FxPro for Ecuadorian clients?

FxPro is regulated by 🇬🇧 FCA, 🇨🇾 CySEC, 🇿🇦 FSCA, and 🇧🇸 SCB. These international regulations protect Ecuadorian traders with transparency, fund security, and reliable market practices.

 

FxPro

 

★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, ASIC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo Ecuador-specific license
Multiple platforms for tradingAdvanced features may overwhelm beginners
Competitive spreads and executionSome accounts limited by region
Strong global regulationPromotions may vary
Broad instrument accessLeverage varies by account type

 

Our Insights

FxPro offers Ecuadorian traders professional-grade trading platforms, competitive spreads, and diverse market access. Its strong international regulation, secure account management, and flexible account options make it ideal for beginners and experienced traders seeking reliable forex and CFD trading in Ecuador.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

7. FBS

FBS does not hold a dedicated Ecuadorian forex license but accepts Ecuadorian traders under its global entities. The broker offers forex, CFDs, metals, and commodities through MT4 and MT5 platforms, low minimum deposits, flexible leverage, and internationally recognized regulation for secure and beginner-friendly trading.

 

BrokerFBS
PlatformsMT4
MT5
Minimum DepositVery low
SpreadsCompetitive
LeverageUp to 1:3000
InstrumentsForex
CFDs
Metals
Commodities
Regulation🇨🇾 CySEC
🇿🇦 FSCA
Others
Open an AccountOpen Account

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC, CySEC, ASIC
Crypto: Yes

 

Frequently Asked Questions

 

Can traders in Ecuador open an account with FBS?

Yes. Ecuadorian traders can open accounts via FBS’s global entities. The broker provides low minimum deposits, flexible leverage, educational resources, and multiple account types to support novice and experienced traders.

 

Which regulations cover FBS for Ecuadorian clients?

FBS is regulated by authorities such as 🇨🇾 CySEC, 🇿🇦 FSCA, and other international bodies. These regulations provide Ecuadorian traders with transparent trading practices, segregated funds, and secure execution environments.

 

FBS

 

★★★★★
Minimum Deposit: $5
Regulated by: FSC, CySEC, ASIC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Ecuadorian clientsNo Ecuador-specific license
Very low minimum depositHigh leverage increases risk
Flexible leverage optionsSome account types may have higher spreads
Beginner-friendly resourcesPlatform may feel basic to pros
Wide instrument selectionPromotions vary by region

 

Our Insights

FBS delivers Ecuadorian traders accessible entry with low deposit requirements, flexible leverage options, and a range of instruments. Its global regulation, educational support, and multi-platform availability make it a suitable choice for beginners and intermediate forex and CFD traders in Ecuador.

 

#CriteriaScore
1.Overall Rating and Trust Score⭐⭐⭐⭐☆
2.Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3.Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4.Research and Education⭐⭐⭐⭐☆
5.Mobile Trading and User Experience⭐⭐⭐⭐☆
6.Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7.Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8.Execution Speed and Order Types⭐⭐⭐⭐☆
9.Risk Management and Safety Measures⭐⭐⭐⭐☆
10.Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

7 Best Forex Brokers in Ecuador – A Comparison

 

Interactive Brokers SmallSupports multi-asset
trading from one
account.
Open AccountRead Review
XM SmallFlexible leverage up to
1:888 depending on
instrument.
Open AccountRead Review
XTB SmallProprietary xStation
platform for simplicity
and speed.
Open AccountRead Review
Pepperstone SmallGood for scalping and
high-frequency trading.
Open AccountRead Review
IC Markets SmallFast execution speeds for
Latin American traders.
Open AccountRead Review
FxPro SmallOffers ECN and standard
accounts for Ecuadorians.
Open AccountRead Review
FBS SmallProvides access to CFDs
on forex, indices, and
commodities.
Open AccountRead Review

 

The Best Forex Brokers in Ecuador – Quick Overview

The best Forex brokers in Ecuador provide access to global currency and CFD markets through internationally regulated entities. Since Ecuador does not have a dedicated local retail forex regulator, traders typically open accounts with brokers supervised by respected authorities such as the FCA, ASIC, CySEC, or FSCA.

Top brokers offer competitive spreads, fast execution, secure fund segregation, and access to popular platforms like MT4, MT5, or proprietary trading apps. Ecuadorian traders can access major and minor forex pairs, commodities, indices, stocks, and cryptocurrencies, often with flexible leverage and multiple account types to suit different experience levels.

 

Best Forex Brokers in Ecuador

 

Pros and Cons of The Best Forex Brokers in Ecuador

 

✓ Pros✕ Cons
Access to globally regulated brokersNo local Ecuadorian forex regulator
Competitive spreads and low feesProtections depend on foreign regulators
Segregated client fundsCross-border dispute processes
Modern trading platformsSome offshore entities operate
Wide range of tradable marketsRegulation varies by entity

 

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In Conclusion

The best Forex brokers in Ecuador operate under strong international regulation, offering secure and competitive access to global financial markets. While local regulatory oversight is limited, choosing a well-regulated global broker can provide transparency, fund protection, and professional trading conditions suitable for both beginners and experienced traders.

Faq

Yes. Ecuadorian residents can legally trade forex through international brokers.

No. Ecuador does not license or supervise retail forex brokers directly.

FCA, ASIC, CySEC, and FSCA are commonly respected authorities.

Forex pairs, commodities, indices, stocks, and cryptocurrencies.

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