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10 Best Forex Brokers in Kyrgyzstan

Edited by: Louis Schoeman

Forex Brokers Kyrgyzstan

 

The 10 Best Forex Brokers in Kyrgyzstan—Rated and Review. We have listed the top Forex Brokers accepting Traders from the Kyrgyz Republic.

In this in-depth guide, you will learn:

  • The Best Forex Brokers in the Kyrgyz Republic
  • The Best Forex Brokers for Beginners and Foreigners
  • The Best MT4/MT5 Forbes listed Forex Brokers
  • Trusted Forex Brokers in the Region of Kyrgyzstan
  • How to invest in Kyrgyzstan – Explained
  • Is forex trading Legal in Kazakhstan?
  • What is the foreign investment law in Kyrgyzstan?

and much, MUCH more!

 

10 Best Forex Brokers in Kyrgyzstan

 

10 Best Forex Brokers in Kyrgyzstan – a Comparison

🔎 Broker🚀Open an Account🤝 Accepts Kyrgyzstan Traders💶 Min. Deposit (KGS)
🥇 Pepperstone👉 Click Here✅Yes11605,30
🥈 FP Markets👉 Click Here✅Yes5802,65
🥉 Tickmill👉 Click Here✅Yes8880,70
🏅 XM👉 Click Here✅Yes444,04
🎖️ Octa👉 Click Here✅Yes2220,18
🥇 FBS👉 Click Here✅Yes444,04
🥈 AvaTrade👉 Click Here✅Yes8880,70
🥉 Exness👉 Click Here✅Yes888,07
🏅 XTB👉 Click Here✅YesNone
🎖️ easyMarkets👉 Click Here✅Yes2220,18

 

10 Best Forex Brokers in Kyrgyzstan (2024)

  1. ☑️ Pepperstone – Overall, the Best Forex Broker in Kyrgyzstan
  2. ☑️ FP Markets – Best Forex Broker for Beginners
  3. ☑️ Tickmill – Low Forex commissions and tight spreads
  4. ☑️ XM – Impressive Deposit Bonus
  5. ☑️ Octa – Low-Cost MetaTrader Forex Broker
  6. ☑️ FBS – Excellent 24/7 Customer Support
  7. ☑️ AvaTrade – Competitive KGS Minimum Deposit
  8. ☑️ Exness – Best Broker for Foreigners
  9. ☑️ XTB – Best Forbes List Forex Broker for Investing
  10. ☑️ easyMarkets – Best Online and Mobile Trading Platforms

 

Pepperstone Review

 

Pepperstone

Pepperstone is a trustworthy and highly regulated Forex and CFDs Broker that serves a wide range of customers, including Professionals and Beginners. The Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority of the United Kingdom (FCA) govern it.

Accounts offered are Standard, Razor, Islamic, and, Demo. Platforms available include MetaTrader 4, MetaTrader 5, cTrader, TradingView, and, Capitalise.ai.

Pepperstone offers the following instruments and products:

  • 70 Forex pairs
  • 17 commodities
  • 28 indices
  • Over 1,000 shares

Moreover, there are 100 ETFs accessible for trading. Deposit and Withdrawal methods include Visa, Mastercard, BankTransfer, and Neteller. Additionally, Educational resources are available.

The Minimum deposit is AU$200.

🔎 Broker🥇 Pepperstone
💴 Minimum DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The Benefits of trading with Pepperstone include 24/7 Customer Support, No Inactivity Fees, and easy account registration.

 

FP Markets

 

FP Markets

FP Markets is a trustworthy, highly regulated Forex Broker that suits a wide range of Traders. The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) regulate it.

Accounts offered are Standard, Raw, Islamic, Islamic Raw, and, Demo. Trading Platforms include MetaTrader4, MetaTrader 5, IRESS, cTrader, and, a Proprietary App.

FP Markets offers the following trading instruments and products:

  • 70 currency pairings
  • More than 10,000 Direct Market Access (DMA)
  • 3 precious metals
  • 4 energy commodities
  • 17 indices
  • 11 cryptocurrencies
  • 2 separate bonds

Deposit and Withdrawal Options accepted include Bank Transfer, Neteller, and, Skrill. The minimum deposit is AU$100.

🔎 Broker🥇 FP Markets
💴 Minimum DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets

 

Pros and Cons

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight SpreadsWithdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The Benefits of trading with FP Markets include tight spreads, Low Forex Fees, and, Multiple Account Options.

 

Tickmill Review

 

Tickmill

Tickmill is a trustworthy and highly regulated online Forex and CFD brokerage. The Seychelles FSA, FCA, CySEC, Labuan FSA, and, FSCA regulate it. Accounts available include Pro, Classic, VIP, Islamic, and, Demo. The minimum deposit is 100 USD.

Trading Platforms offered are MetaTrader 4, MetaTrader 5, and a proprietary trading App. Tickmill offers the following trading instruments and products:

  • 62 currency pairings
  • 23 Indices
  • 3 energy contracts
  • 4 precious metals
  • 4 bond instruments

Moreover, eight cryptocurrencies allow traders to participate in the digital currency market. Educational Resources include Seminars, eBooks, and a Forex Glossary.

🔎 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 Overview

 

Pros and Cons

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

 

Our Insights

The benefits of Trading with Tickmill include numerous account options, reasonable spreads, and beneficial commission structures.

 

XM Review

 

XM

XM is a highly regulated Forex Broker specializing in Forex and CFD. The Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission Belize (IFSC) regulate it.

Accounts offered are Micro, Standard, Ultra-Low, Shares, Islamic, and, Demo. The minimum deposit is 5 USD. Trading Platforms offered are MetaTrader 4, MetaTrader 5, and, a proprietary trading app.

Moreover, XM provides a choice of 55 currency pairs, including major, minor, and exotic currencies.

🔎 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

The Benefits of Trading with XM include an Unlimited Demo Account, educational materials for beginners, and, 24/7 customer care.

 

OctaFX Review

 

Octa

Octa is a trustworthy and highly regulated Forex Broker with widespread acclaim. CySEC, the SVG FSA, and the FSCA regulate it. Accounts offered are OctaTrader, MetaTrader 4, and MetaTrader 5, Demo, and Islamic. The minimum deposit is 25 USD.

Trading Platforms include OctaTrader, MetaTrader 4, MetaTrader 5, and, a proprietary app. Octa offers the following instruments and products:

  • 32 currency pairings
  • stocks in over 149 prominent firms
  • 10 indices
  • 3 energy commodities

Moreover, a collection of 30 cryptocurrencies is offered.

🔎 Broker🥇 Octa
💵 Minimum Deposit25 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅Yes
🪙 Currency Pairs35, Major, Minor, Exotic Pairs
🚀 Open an Account
👉 Click Here

 

Octa

 

Pros and Cons

✅ Pros❌ Cons
Powerful trading platformsNo Tier-1 Regulations
Diverse set of trading instrumentsDemo Account expires after 30 Days

 

Our Insights

Benefits of Trading with Octa include access to dedicated Forex Education, Social Trading, and, a no-commission pricing structure.

 

FBS Review

 

FBS

FBS is a trustworthy and highly regulated Forex Broker with a low minimum deposit requirement. Accounts offered are Standard, Professional, Demo, and, Islamic. Trading Platforms offered are MetaTrader 4, MetaTrader 5, and, FBS Trader.

The following trading instruments and products are made available:

  • 36 Currency pairings
  • 8 Precious metals
  • 11 Global indexes
  • 3 Commodities
  • 125 Equities
  • 5 Cryptocurrencies

Traders can participate in cryptocurrency trading with leverage of up to 1:33.

🔎 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

The benefits of trading with FBS include a large number of Deposit Options and Withdrawal Methods available, educational resources, and trusted customer support.

 

AvaTrade Review New

 

AvaTrade

AvaTrade is a trustworthy and highly regulated Forex Broker. Several countries including Ireland, Australia, and South Africa regulated it. Accounts offered are Retail, Islamic, Professional, and, Demo.

Trading Platforms available are AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and,  ZuluTrade.

The Minimum deposit is 100 USD.

🔎 Broker🥇 AvaTrade
💴 Minimum Deposit100 USD
🖱️ Account TypesRetail, Islamic, Professional
🪙 Base CurrenciesZAR, USD, GBP, AUD
5️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes, referral bonus
⏰ Support Hours24/5
💵 Currency Pairs51; Major, Minor, Exotic Pairs
🤝 Affiliate Program✅ Yes
🚀 Open an Account
👉 Click Here

 

AvaTrade Overview

 

Pros and Cons

✅ Pros❌ Cons
Over 1,260 instrumentsInactivity fees on dormant accounts
Fixed spreads from 0.6 pips on the Pro AccountThe demo account is available for 21 days
Islamic AccountDeposit and withdrawal options are limited
There is a free demo account availableLeverage is capped at 1:30 for retail accounts

 

Our Insights

The benefits of trading with AvaTrade include an easy-to-use social copy trading platform with excellent customer support.

 

Exness Review

 

Exness

Exness is a trustworthy and highly regulated Forex Broker with a diverse portfolio of financial assets. Accounts offered are Standard, Standard Cent, Raw Spread, Zero, Pro, Islamic, and, Demo. The minimum deposit is 10 USD.

Trading Platforms are MT4, MT5, Web, and a proprietary App. The following trading instruments and products:

  • 100 Forex currency pairings.
  • 11 Cryptocurrencies
  •  3 Energy Commodities
  • 15 Precious Metals
  • A Diverse range of equities

Moreover, Exness conducts live webinars on various trading subjects.

🔎 Broker🥇 Exness
💴 Minimum Deposit10 USD
📈 SpreadsFrom 0.0 pips EUR
📉 LeverageUnlimited
🪙 Currency Pairs100+
🤝 Affiliate Program✅Yes
🚀 Open an Account
👉 Click Here

 

Exness

 

Pros and Cons

✅ Pros❌ Cons
Flexible trading accountsDemo account is only valid for 21 days
Well-regulated + Comprehensive fund protectionLimited product portfolio
Powerful trading platformsCountry Restrictions

 

Our Insights

The benefits of trading with Exness include Flexible trading accounts and Powerful trading platforms.

 

XTB Review

 

XTB

XTB is a reliable and respected entity in the online financial trading sector. Six Tier-1 Regulators govern it. Accounts offered are Standard, Swap-Free, and, Demo. Trading Platforms include xStation 5 and an xStation App.

No minimum deposit is required.

🔍 Broker🥇 XTB
📌 Year Founded2002
👤 Amount of StaffApproximately 2,000
👥 Amount of Active TradersOver 500,000
📍 Publicly TradedWarsaw Stock Exchange
📈 RegulationFCA,
KNF,
IFSC,
CySEC
🌎 Country of RegulationUK (FCA),
Poland (KNF)
📉 Account Segregation✅Yes
📊 Negative Balance Protection✅Yes
💹 Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💰 Minor Account CurrenciesMajor,
Minor
💴 Minimum DepositVaries by account type
⚡ Average Deposit/Withdrawal Processing Time1-3 business days
💶 Fund Withdrawal FeeNone
📐 Spreads FromFrom 0.1 pips
💶 CommissionsVariable
💵 Number of Base Currencies Supported30+
💷 Swap Fees✅Yes
🔖 LeverageUp to 1:500
🏷️ Margin RequirementsVaries
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
🖇️ Order Execution Time SecondsMilliseconds -
🖥️ VPS HostingSelect accounts
📈 CFDs TotalOver 2,000
📉 CFD Stock IndicesMajor global indices
🍎 CFD CommoditiesOil, gold, etc.
📊 CFD Shares✅Yes
💴 Deposit OptionsBank transfer,
credit/debit,
e-wallets, etc.
💶 Withdrawal OptionsBank transfer,
credit/debit,
e-wallets, etc.
🖱️ Trading PlatformsxStation 5
⭐ OS CompatibilityWindows,
macOS,
iOS,
Android
⚙️ Forex Trading ToolsCharting tools,
technical analysis
🥰 Live Chat Availability✅Yes
☎️ Customer Support Contact NumberVaries by region
💙 Social Media PlatformsTwitter,
Facebook,
LinkedIn,
Instagram
🚩 Languages SupportedMultiple languages
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 Educational ResourcesArticles,
tutorials, etc.
🤝 Affiliate Program✅Yes
🫶 Amount of PartnersNumerous global partners
🫰🏻 IB Program✅Yes
🔖 Notable Events or Teams✅Yes
🏷️ Rebate Program✅Yes
🚀 Open an Account👉 Click Here

 

XTB

 

Pros and Cons

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh conversion fee

 

Our Insights

The benefits of Trading with XTB include segregated customer funds, mobile trading, and, trusted customer support.

 

easyMarkets Review

 

easyMarkets

easyMarkets is a trusted and well-established Forex Broker regulated by ASIC. Accounts offered are variations of Standard, VIP, and Premium. Trading Platforms include MetaTrader 4, MetaTrader 5, and, TradingView.

easyMarkets offers a wide selection of educational resources, including trading classes, free eBooks, and, a knowledge base.

The minimum deposit is 25 USD.

🔎 Broker🥇 easyMarkets
📈 Regulation and LicensesBVI FSC, CySEC, ASIC, FSA
📉 Ease of Use5/5
⏰ Support Hours24/5
📊 Trading PlatformsTradingView, MetaTrader 4, MetaTrader 5, easyMarkets
💹 SpreadsFrom 0.5 pips
📌 Leverage1:2000
💸 Currency Pairs45; major, minor, exotic pairs
💳 Minimum Deposit25 USD
🚫 Inactivity FeeNone
✅ Affiliate Program✅Yes
✔️ Scalping✅Yes
📍 Hedging✅Yes
🚀Open an Account👉 Click Here

 

easyMarkets Review

 

Pros and Cons

✅ Pros❌ Cons
Fixed spreadsHigh spreads compared to other brokers.
Bonus OffersNo cent account

 

Our Insights

The benefits of trading with easyMarkets include multi-currency trading accounts and multilingual customer support.

 

Forex Trading in kyrgystan

 

Is forex trading Legal in Kyrgyzstan?

There are no restrictions on converting or transferring funds in Kyrgyzstan. The National Bank of the Kyrgyz Republic governs it.

 

Is forex trading Legal in Kazakhstan?

 

Can Muslims Trade Forex in the Kyrgyz Republic?

Kyrgyzstan is a multi-cultural country with religions including Islam, Buddhism, Baháʼí, Christianity, and Judaism. Muslims are free to trade forex in Kyrgyzstan.

However, it must be done via an International Forex Broker with an Islamic, Swap-Free account.  Non-Muslims can Trade Forex via a Standard Forex Account.

Brokers may offer additional Account options, including Micro, Professional, or, VIP.

 

Can Muslims Trade Forex in the Kyrgyz Republic?

 

In Conclusion

There are no restrictions on converting or transferring funds in Kyrgyzstan. Moreover, it is governed by the National Bank of the Kyrgyz Republic.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 10Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFSC, FSA, VFSCUSD 10Visit 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

While reviewing the Best Forex Brokers that accept Traders in Kyrgyzstan, we found 10 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.

 

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Faq

There are no restrictions on converting or transferring funds in Kyrgyzstan.

easyMarkets is based in the British Virgin Islands.

No minimum deposit is required.

The minimum deposit amount varies based on the payment method.

Forex CFDs on stocks, indices, commodities, cryptocurrencies, ETFs, options, and bonds.

FBS provides 24/7 multilingual customer support.

Bank transfers, credit cards, e-wallets, and cryptocurrency wallets.

Withdrawals take 24 hours to process.

The industry-standard MetaTrader 4 and 5 platforms

FP Markets is located in Sydney, Australia.

Pepperstone is well-known for its affordable price, numerous platform options, and excellent customer service.

A Kyrgystani investment Visa is issued to a businessman who invests 10 Million Kyrgystani Som in the local economy.

Kyrgyzstan does not restrict investment in any sector.

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