10 Best Forex Brokers in Kazakhstan
Last Update: April 30th, 2024
The 10 Best Forex Brokers in Kazakhstan – Rated and Reviewed. We have listed the Top Forex brokers accepting Kazakh traders.
In this in-depth article, you will learn:
- The Best Forex Brokers in Kazakhstan – a List.
- Kazakhstan Currency (KZT) – is it an accepted Base currency?
- Best Forex Brokers in Kazakhstan for Foreigners and Beginners.
- Who is Halyk Finance? – Answered.
- Top Kazakhstan Stock Brokers.
and much, MUCH more!
10 Best Forex Brokers in Kazakhstan – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Kazakh Traders | 💶 Min. Deposit (KZT) |
| 🥇 Moneta Markets | 👉 Click Here | ✅Yes | 22261,38 KZT |
| 🥈 IC Markets | 👉 Click Here | ✅Yes | 89045,50 KZT |
| 🥉 Tickmill | 👉 Click Here | ✅Yes | 44522,75 KZT |
| 🏅 Vantage Markets | 👉 Click Here | ✅Yes | 22261,38 KZT |
| 🎖️ Axi | 👉 Click Here | ✅Yes | None |
| 🥇 HF Markets | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🥈 FBS | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🥉 IQ Option | 👉 Click Here | ✅Yes | 4452,28 KZT |
| 🏅 XM | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🎖️ FxPro | 👉 Click Here | ✅Yes | 44522,75 KZT |
10 Best Forex Brokers in Kazakhstan (2024)
- ☑️ Moneta Markets – Overall, Best Forex Broker in Kazakhstan.
- ☑️ IC Markets – Wide range of currencies.
- ☑️ Tickmill – Low Forex Commission and tight spread.
- ☑️ Vantage Markets – No inactivity fee.
- ☑️ Axi – No withdrawal or deposit fees.
- ☑️ HF Markets – Best Forex Broker for Foreigners.
- ☑️ FBS – Best Forex Broker for Beginners.
- ☑️ IQ Option – Best Overall Offering.
- ☑️ XM – Best Mobile Trading Platform.
- ☑️ FxPro – Low Minimum ₸ Deposit.
Moneta Markets
Moneta Markets is a Forex Broker that offers access to over 1,000 assets. Moreover, trading platforms include MetaTrader 4 and ProTrader.
The set minimum deposit is 50 USD. Furthermore, an Islamic Account is available.
| 🔎 Broker | 🥇 Moneta Markets |
| 📈 Established Year | 2019 |
| 📉 Regulation and Licenses | FSCA, FSA Seychelles, CIMA, ASIC |
| 📊 Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App |
| 📌 Account Types | Direct STP, Prime ECN, Ultra ECN |
| 💴 Base Currencies | AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL |
| 📍 Spreads | From 0.0 pips |
| 💹 Leverage | 1:1000 |
| 💵 Currency Pairs | 44; major, minor, and exotic pairs |
| 💶 Minimum Deposit | 50 USD |
| 💷 Inactivity Fee | None |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| 1,000+ tradable assets, including forex | Some account types may have volume constraints |
| Multilingual support | Limited Education |
Our Insights
Moneta Markets suit all traders. It offers a tailored trading experience. Moreover, multilingual customer support is offered.
IC Markets
IC Markets stands out as a well-established Forex and CFD broker. It offers a low-latency trading environment. Moreover, it offers comprehensive education and research.
The minimum deposit is 200 USD.
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 is best suited to Experienced Traders. The Minimum Deposit is High. Moreover, a Professional Account is available.
Tickmill
Tickmill is a prominent Forex and CFD broker. Account includes VIP, Classic, Pro, and, Islamic. Moreover, accepted base currencies are USD, EUR, GBP, and, PLN.
The minimum deposit is 100 USD.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
| Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
Tickmill suits a wide spectrum of traders. Moreover, a Welcome Bonus is offered.
Vantage Markets
Vantage Markets is a reliable multi-asset broker. Accounts are Standard STP, Raw ECN, and PRO ECN. Moreover, a Swap-Free Option is available.
The minimum deposit is 50 USD.
| 🔍 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 |
| Narrow spreads on its ECN accounts | Some payment methods may incur withdrawal fees |
| Excellent Education | Share CFD trading expenses higher than competitors |
Our Insights
Vantage Markets suit all brokers. Vantage Markets provides narrow spreads on its ECN accounts. Furthermore, Educational and instructional resources are provided.
Axi
Axi is a Forex Broker regulated by top-tier agencies. Accounts include Standard, Pro, and Advanced. Moreover, an Islamic Account is offered.
No minimum deposit is required.
| 🔎 Broker | 🥇 Axi |
| 💴 Minimum Deposit | 0 USD |
| 💵 Inactivity Fee | ✅Yes |
| 💝 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | MetaTrader 4 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Axi is regulated by top-tier agencies | Only MetaTrader 4 is available |
| Axi provides standard, professional, and advanced accounts | Axi does not have a proprietary trading platform |
| Axi supports the use of MetaTrader 4 across devices | Crypto withdrawals are not available |
| Users can trade forex and CFDs on equities, indices, commodities, and Crypto | Axi restricts customers from the United States and other regions |
Our Insights
Axi Suites Beginners and Professionals. However, Trading Platforms are limited.
HF Markets
HF Markets is a Forex Broker regulated by top-tier agencies. Accounts offered are Cent, Premium, Zero, and, Pro. Moreover, a Swap-Free Option is available.
The minimum deposit is 5 USD.
| 🔎 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
HFM best suits beginners. It offers a Cent Account. Moreover, it provides instructional tools, demo accounts, and user-friendly platforms.
FBS
FBS is a highly regulated and established Forex Broker. It offers Negative Balance Protection and Segregated accounts. Moreover, an Islamic Account is available.
The minimum deposit is 5 USD.
| 🔎 Broker | 🥇 FBS |
| 💴 Minimum Deposit | 5 USD |
| 💵 Inactivity Fee | None |
| 🤝 Affiliate Program | ✅Yes |
| 4️⃣ Ease of Use Rating | 4/5 |
| 📐 Trading Instruments | Forex, Precious Metals, Indices, Energies, Stocks, Crypto CFDs |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Minimum deposit - $5 | High leverage may be daunting |
| Leverage of up to 1:3000 | High leverage carries an increased risk of loss |
| Commission-free trading | Lack of fixed spread options |
Our Insights
FBS suits all traders. Moreover, it supports 100+ payment mechanisms. Furthermore, it has low fees on stock and index CFDs.
IQ Option
IQ Option is a prominent Forex and CFD Broker. Moreover, it offers competitive trading conditions. Accounts are Live and VIP. An Islamic Option is available.
The minimum deposit is 10 USD.
| 🔎 Broker | 🥇 IQ Option |
| 📈 Regulation and Licenses | CySEC |
| 📉 Ease of Use | 4/5 |
| 📊 Support Hours | 24/7 |
| 💹 Trading Platforms | IQ Option Platform |
| 📌 Account Types | Live, VIP |
| 📊 Spreads | 2 pips |
| 📈 Leverage | 1:500 |
| 💳 Minimum Deposit | 10 USD |
| 🚫 Inactivity Fee | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Stocks, currency, commodities, and crypto trading | Select withdrawal methods may be prohibited |
| Minimum Deposit 10 USD | Limited Regulation |
Our Insights
IQ Option suits all traders. It offers a user-friendly interface and extensive instructional materials.
XM
XM is a Forex and CFD Broker with a strong reputation. Moreover, XM offers trading on 1,000+ financial instruments. Furthermore, it offers 24/7 customer care in 30 languages.
The minimum deposit is 5 USD.
| 🔎 Broker | 🥇 XM |
| 💴 Minimum Deposit | $5 USD |
| 🎁 Bonus Offers | ✅Yes |
| 📈 Account Types | Micro Account, Standard Account, XM Ultra-Low Account, Shares Account |
| ⏰ Support Hours | 24/7 |
| 🆓 Demo Account | ✅Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Minimum deposit | No social trading features available |
| Unlimited Demo Account | Inactivity Fees |
Our Insights
XM suits all levels of Traders. Moreover, it provides Islamic, Swap-Free Options.
FxPro
FxPro is a trustworthy and highly regulated Forex Broker. It is known for competitive spreads and innovative trading tools. Accounts are Standard, Pro, Raw+, ECN, and, Islamic.
The minimum deposit is 100 USD.
| 🔎 Broker | 🥇 FxPro |
| 💴 Minimum Deposit | 100 USD |
| 💵 Inactivity Fee | None |
| 💶 Fees and Commissions | Spreads from 0.0 pips, commissions from $7 per round turn on Forex |
| 🤝 Affiliate Program | ✅Yes |
| 🌎 Banned Countries | The United States, Canada, Iran |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 5️⃣ Ease of Use Rating | 4/5 |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| MetaTrader 4 and 5 | Basic FXPro App |
| cTrader accounts | Commissions on cTrader accounts |
Our Insights
FxPro serves a broad spectrum of traders. Moreover, it provides 2,100+ trading products, including forex and futures.
Is Forex Trading Legal in Kazakhstan?
Forex Trading is legal in Kazakhstan and governed by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
In Conclusion
Forex Trading is legal in Kazakhstan. Moreover, it is governed by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan. Moreover, Muslim Traders in Kazakhstan should select a Forex Broker with an Islamic Account.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> |
| 🥈 |  | Read Review | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | SFSA, FSCA, CySec* | USD 5 | Visit Broker >> |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> |
| 6 |  | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> |
| 8 |  | Read Review | Not Regulated | 0.001 BTC | Visit Broker >> |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> |
| 10 |  | Read Review | CySEC,MISA, FSCA | USD 20 | Visit Broker >> |
Our Insights
In the process of reviewing the Best Forex Brokers that accept Kazakh Traders, we found 10 excellent options. Each broker has its list of Benefits, ranging from multiple account types to 24/7 customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Frequently Asked Questions
Is Forex Trading Legal in Kazakhstan?
Forex Trading is legal in Kazakhstan.
What is the Legal age to trade Forex in Kazakhstan?
The Legal age for Forex Trading is 21 years.
What is the revenue service in Kazakhstan?
The State Revenue Committee of the Ministry of Finance of Kazakhstan.
Who is the regulatory authority of financial services in Kazakhstan?
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
What is the local currency in Kazakhstan?
The local currency in Kazakhstan is the Kazakhstani tenge.
Who is the best Forex Broker in Kazakhstan?
The Best Forex Broker in Kazakhstan is Moneta Markets.
Does Moneta Markets provide a demo?
Moneta Markets provides a cost-free demo account.
Does IC Markets provide an Islamic Account?
IC Markets provides a Swap-Free Option.
Can I trade cryptocurrencies with Tickmill?
Tickmill provides crypto trading.
Are Vantage Markets regulated?
Several authorities regulate Vantage Markets.
Does Axi charge an Inactivity Fee?
Axi charges an inactive fee.
What Base Currencies do HFM accept?
HF Markets accept USD, NGN, and, ZAR.
Does FBS provide Education?
FBS provides webinars, seminars, and, video tutorials.
What is the minimum deposit set by IQ Option?
The IQ Option Minimum deposit is 10 USD
Does XM provide micro or cent accounts?
XM offers a Micro Account.
Does FxPro offer Customer Support?
FxPro offers 24/5 Customer Support.
Top 4 Brokers
