6 Best Forex Brokers in El Salvador
Last Update: June 26th, 2024
The 6 Best Forex Brokers in El Salvador – Rated and Reviewed. We have listed the Best Forex Broker accepting Traders in El Salvador.
In this in-depth guide, you will learn:
- The Best Forex Brokers in El Salvador – a List
- Is Forex Trading Legal in El Salvador?
- The Best Forex Brokers for Beginners and Foreigners
- The Best MetaTrader Forex Brokers
and much, MUCH more!
6 Best Forex Brokers in El Salvador – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💷 Min. Deposit |
| 🥇 GO Markets | 👉 Click Here | ✅Yes | 200 USD |
| 🥈 FP Markets | 👉 Click Here | ✅Yes | AU$ 100 |
| 🥉 Tickmill | 👉 Click Here | ✅Yes | 100 USD |
| 🏅 IC Markets | 👉 Click Here | ✅Yes | 200 USD |
| 🎖️ Vantage | 👉 Click Here | ✅Yes | 50 USD |
| 🥇 Pepperstone | 👉 Click Here | ✅Yes | AU$ 200 |
6 Best Forex Brokers in El Salvador (2024)
- ☑️ GO Markets – Overall, The Best Forex Broker in El Salvador
- ☑️ FP Markets – The Best Overall Trading Experience
- ☑️ Tickmill – The Best MetaTrader Forex Brokers
- ☑️ IC Markets – Popular Forex Broker for Beginners in El Salvador
- ☑️ Vantage – Low USD Minimum Deposit
- ☑️ Pepperstone – Leading Broker for Active and Established Traders
GO Markets
GO Markets is a trusted Forex, CFD, and Financial Services Provider regulated by accredited agencies. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Live Trading Accounts available include Standard and GO+ Plus. Additionally, a Demo Account is available. Notable factors and features include:
- 200 USD Minimum Deposit
- Multiple Base Currencies, including AUD and USD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 50 Currency Pairs
- No Inactivity Fee is Charged
GO Markets support MetaTrader 4, MetaTrader 5, and, cTrader. Trading Instruments include Forex, shares, indices, metals, commodities, and, Cryptocurrencies.
| 🔎 Broker | 🥇 GO Markets |
| 💴 Minimum Deposit | 200 USD |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips |
| 📉 Leverage | 1:500 |
| 🪙 Currency Pairs | 50+; minor, major, exotic pairs |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive Spreads | Not FCA Regulated |
Our Insights
The benefits of Trading with GO Markets include a wide range of trading products like Forex, equities, indices, and commodities.
FP Markets
FP Markets is a highly trusted, established Forex and CFD Broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts Options include Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Notable factors and features to consider include:
- Multiple Base Currencies, including JPY and SGD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- AU$ 100 Minimum Deposit
- 24/7 Customer Support
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, an FP Markets Mobile 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
The Benefits of trading with FP Markets include access to multiple highly trusted deposit options and easy withdrawals.
Tickmill
Tickmill is a Highly Regulated Forex and CFD Broker. Regulations and Licenses include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro Accounts. In addition, Islamic, Swap-Free, and Demo Accounts are available. Notable factors and features include:
- USD, EUR, GBP, and, PLN Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
- 100 USD Minimum Deposit
- No Inactivity Fee is Charged
Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MT4 and MT5. Moreover, a Proprietary 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 access to several Educational and Instructional Resources.
IC Markets
IC Markets is a popular global forex and CFD broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSA, and, the SCB. Trading Accounts include cTrader, Raw Spread, and, Standard Accounts. Notable Factors and Features include:
- Copy and Social Trading via IC Social
- 24/7 Customer Support
- Access to over 60 Currency Pairs
- Several Base Currencies, including AUD, USD, and, JPY
- Spreads from 0.0 Pips
- Leverage of up to 1:500
IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and ZuluTrade. In addition, a Proprietary Mobile App is available. Products and Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.
| 🔎 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
Broker Highlights include 24/7 Multilingual Customer Support. Languages supported include English, Spanish, Russian, Thai, Malay, Vietnamese, Italian, and, Portuguese.
Vantage
Vantage is a well-established, multi-asset Forex Brokerage. License and Regulations include
include CIMA, VFSC, FSCA, and, ASIC. Accounts available include Standard STP, Raw ECN, and, PRO ECN. Moreover, a Demo Account is available. Notable Features and Factors include:
- Copy and Social Trading
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- 50 USD Minimum Deposit
- 24/5 Customer Support
- No Inactivity Fee is Charged
Trading instruments include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, and, bonds. Vantage supports MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.
| 🔍 Broker | 🥇 Vantage Markets |
| 💵 Minimum Deposit | 50 USD |
| 4️⃣ Ease of use Rating | 4/5 |
| 🎁 Bonuses | ✅ Yes |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expenses | Some payment methods, notably international bank transfers, might incur withdrawal fees |
| Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted based on your location due to legislative limits |
| Traders can use webinars, market analysis, and other instructional resources | Share CFD trading expenses on Vantage Markets could be higher than those of certain rivals |
Our Insights
The benefits of trading with Vantage include affordable Forex and CFD trading costs.
Pepperstone
Pepperstone is a prominent Forex and CFD service provider. License and Regulations include
include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts include Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Options are available. In addition, notable Factors and Features include:
- Leverage of up to 1:500 on the Pro Account
- Access to over 70 Currency Pairs, including Major, Minor, and Exotic Pairs
- No Inactivity Fee is Charged
- 24/7 Multilingual Customer Support
- USD and GBP Base Currencies
- Spreads from 0.0 Pips
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. Moreover, a Proprietary Mobile App is available.
| 🔎 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 comprehensive educational resources.
Is Forex Trading Legal in El Salvador?
Forex Trading in El Salvador is legal and available without restriction. However, El Salvador doesn’t offer foreign exchange controls.
In Conclusion
Forex Trading in El Salvador is Legal. However, there are no foreign exchange controls in the Country. Moreover, several international Forex Brokers accept local traders.
| 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 Traders in El Salvador, 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.
You might also like:
- GO Markets Review
- FP Markets Review
- Tickmill Review
- IC Markets Review
- Vantage Review
- Pepperstone Review
Forex Trading in El Salvador is legal and available without restriction.
El Salvador doesn’t offer foreign exchange controls.
The United States Dollar.
The Tickmill Minimum deposit is 100 USD.
Vantage offers 24/5 Dedicated Customer Support.
No Inactivity Fee is Charged.
Leverage of up to 1:500 is offered.
Regulations include ASIC, CySEC, FSCA, FSA, and, FSC.
IC Markets supports Copy and Social Trading via IC Social.
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