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10 Best Forex Brokers in Kazakhstan

Last Update: June 26th, 2024

Forex Brokers Kazakhstan

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

 

10 Best Forex Brokers in Kazakhstan – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Kazakh Traders💶 Min. Deposit (KZT)
🥇 Moneta Markets👉 Click Here ✅Yes22261,38 KZT
🥈 IC Markets👉 Click Here✅Yes89045,50 KZT
🥉 Tickmill👉 Click Here✅Yes44522,75 KZT
🏅 Vantage Markets👉 Click Here✅Yes22261,38 KZT
🎖️ Axi👉 Click Here✅YesNone
🥇 HF Markets👉 Click Here✅Yes2226,14 KZT
🥈 FBS👉 Click Here✅Yes2226,14 KZT
🥉 IQ Option👉 Click Here✅Yes4452,28 KZT
🏅 XM👉 Click Here✅Yes2226,14 KZT
🎖️ FxPro👉 Click Here✅Yes44522,75 KZT

 

10 Best Forex Brokers in Kazakhstan (2024)

 

  1. ☑️ Moneta Markets – Overall, Best Forex Broker in Kazakhstan.
  2. ☑️ IC Markets – Wide range of currencies.
  3. ☑️ Tickmill – Low Forex Commission and tight spread.
  4. ☑️ Vantage Markets – No inactivity fee.
  5. ☑️ Axi – No withdrawal or deposit fees.
  6. ☑️ HF Markets – Best Forex Broker for Foreigners.
  7. ☑️ FBS – Best Forex Broker for Beginners.
  8. ☑️ IQ Option – Best Overall Offering.
  9. ☑️ XM – Best Mobile Trading Platform.
  10. ☑️ FxPro – Low Minimum Deposit.

Moneta Markets Review

 

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 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
🚀 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

Moneta Markets suits all traders. It offers a tailored trading experience. Moreover, multilingual customer support is offered.

 

IC Markets Review

 

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.

 

🔎 Broker🥇 IC Markets
📈 Social Trading✅Yes
📉 Account TypescTrader, Raw Spread, Standard
📊 MT4 / MT5✅Yes
📌 RegulationFSA
💹 Spreads from0.0 Pips
⚡ Instant Deposits✅Yes
🆓 Demo Account✅Yes
🚀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 is best suited to Experienced Traders. The Minimum Deposit is High. Moreover, a Professional Account is available.

 

Tickmill Review

 

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.

 

🔎 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 Islamic Account

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

Tickmill suits a wide spectrum of traders. Moreover, a Welcome Bonus is offered.

 

VantageFX Review

 

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 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
Narrow spreads on its ECN accountsSome payment methods may incur withdrawal fees
Excellent EducationShare 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 Review

 

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 Deposit0 USD
💵 Inactivity Fee✅Yes
💝 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsMetaTrader 4
🚀 Open an Account
👉 Click Here

 

Axi Overview

 

Pros and Cons

✅ Pros❌ Cons
Axi is regulated by top-tier agenciesOnly MetaTrader 4 is available
Axi provides standard, professional, and advanced accountsAxi does not have a proprietary trading platform
Axi supports the use of MetaTrader 4 across devicesCrypto withdrawals are not available
Users can trade forex and CFDs on equities, indices, commodities, and CryptoAxi restricts customers from the United States and other regions

 

Our Insights

Axi Suites Beginners and Professionals. However, Trading Platforms are limited.

 

HFM Review

 

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 LicensesFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
5️⃣ Ease of Use Rating5/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
⚙️ Trading PlatformsMT4, MT5, HFM Trading App
🚀 Open an Account
👉 Click Here

 

HF Markets

 

Pros and Cons

✅ Pros❌ Cons
Top-tier RegulationRegional constraints
Segregated Accounts for Client FundsInactivity fees

 

Our Insights

HFM best suits beginners. It offers a Cent Account. Moreover, it provides instructional tools, demo accounts, and user-friendly platforms.

 

FBS Review

 

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 Deposit5 USD
💵 Inactivity FeeNone
🤝 Affiliate Program✅Yes
4️⃣ Ease of Use Rating4/5
📐 Trading InstrumentsForex, Precious Metals, Indices, Energies, Stocks, Crypto CFDs
🚀 Open an Account
👉 Click Here

 

FBS

 

Pros and Cons

✅Pros❌Cons
Minimum deposit - $5High leverage may be daunting
Leverage of up to 1:3000High leverage carries an increased risk of loss
Commission-free tradingLack 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 Review

 

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 LicensesNot Regulated
📉 Ease of Use4/5
📊 Support Hours24/7
💹 Trading PlatformsIQ Option Platform
📌 Account TypesLive, VIP
📊 Spreads2 pips
📈 Leverage1:500
💳 Minimum Deposit10 USD
🚫 Inactivity Fee✅Yes
🚀Open an Account👉 Click Here

 

IQ Option

 

Pros and Cons

✅Pros❌Cons
Stocks, currency, commodities, and crypto tradingSelect withdrawal methods may be prohibited
Minimum Deposit 10 USDLimited Regulation

 

Our Insights

IQ Option suits all traders. It offers a user-friendly interface and extensive instructional materials.

 

XM Review

 

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 TypesMicro Account, Standard Account, XM Ultra-Low Account, Shares Account
⏰ Support Hours24/7
🆓 Demo Account✅Yes
🚀 Open an Account
👉 Click Here

 

XM

 

Pros and Cons

✅ Pros❌ Cons
Low Minimum depositNo social trading features available
Unlimited Demo AccountInactivity Fees

 

Our Insights

XM suits all levels of Traders. Moreover, it provides Islamic, Swap-Free Options.

 

FXPro Review

 

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 Deposit100 USD
💵 Inactivity FeeNone
💶 Fees and CommissionsSpreads from 0.0 pips, commissions from $7 per round turn on Forex
🤝 Affiliate Program✅Yes
🌎 Banned CountriesThe United States, Canada, Iran
📈 Scalping✅Yes
📉 Hedging✅Yes
5️⃣ Ease of Use Rating4/5
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

FxPro

 

Pros and Cons

✅Pros❌Cons
MetaTrader 4 and 5 Basic FXPro App
cTrader accountsCommissions on cTrader accounts

 

Our Insights

FxPro serves a broad spectrum of traders. Moreover, it provides 2,100+ trading products, including forex and futures.

 

Forex in Kazakhstan

 

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.

 

Is Forex Trading Legal in 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.

 

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

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.

 

You might also like:

 

 

FAQs

FxPro offers 24/5 Customer Support.

XM offers a Micro Account.

The IQ Option Minimum deposit is 10 USD

FBS provides webinars, seminars, and, video tutorials.

HF Markets accept USD, NGN, and, ZAR.

Tickmill provides crypto trading.

Axi charges an inactive fee.

IC Markets provides a Swap-Free Option.

Moneta Markets provides a cost-free demo account.

Several authorities regulate Vantage Markets.

The Best Forex Broker in Kazakhstan is Moneta Markets.

The local currency in Kazakhstan is the Kazakhstani tenge.

The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan

The State Revenue Committee of the Ministry of Finance of Kazakhstan.

The Legal age for Forex Trading is 21 years.

Forex Trading is legal in Kazakhstan.

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