10 Best Forex Brokers in 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 – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Kyrgyzstan Traders | 💶 Min. Deposit (KGS) |
🥇 Pepperstone | 👉 Click Here | ✅Yes | 11605,30 |
🥈 FP Markets | 👉 Click Here | ✅Yes | 5802,65 |
🥉 Tickmill | 👉 Click Here | ✅Yes | 8880,70 |
🏅 XM | 👉 Click Here | ✅Yes | 444,04 |
🎖️ Octa | 👉 Click Here | ✅Yes | 2220,18 |
🥇 FBS | 👉 Click Here | ✅Yes | 444,04 |
🥈 AvaTrade | 👉 Click Here | ✅Yes | 8880,70 |
🥉 Exness | 👉 Click Here | ✅Yes | 888,07 |
🏅 XTB | 👉 Click Here | ✅Yes | None |
🎖️ easyMarkets | 👉 Click Here | ✅Yes | 2220,18 |
10 Best Forex Brokers in Kyrgyzstan (2024)
- ☑️ Pepperstone – Overall, the Best Forex Broker in Kyrgyzstan
- ☑️ FP Markets – Best Forex Broker for Beginners
- ☑️ Tickmill – Low Forex commissions and tight spreads
- ☑️ XM – Impressive Deposit Bonus
- ☑️ Octa – Low-Cost MetaTrader Forex Broker
- ☑️ FBS – Excellent 24/7 Customer Support
- ☑️ AvaTrade – Competitive KGS Minimum Deposit
- ☑️ Exness – Best Broker for Foreigners
- ☑️ XTB – Best Forbes List Forex Broker for Investing
- ☑️ easyMarkets – Best Online and Mobile Trading Platforms
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 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 24/7 Customer Support, No Inactivity Fees, and easy account registration.
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 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 tight spreads, Low Forex Fees, and, Multiple Account Options.
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 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 numerous account options, reasonable spreads, and beneficial commission structures.
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 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
The Benefits of Trading with XM include an Unlimited Demo Account, educational materials for beginners, and, 24/7 customer care.
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 Deposit | 25 USD |
4️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | ✅Yes |
🪙 Currency Pairs | 35, Major, Minor, Exotic Pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Powerful trading platforms | No Tier-1 Regulations |
Diverse set of trading instruments | Demo 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
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 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
The benefits of trading with FBS include a large number of Deposit Options and Withdrawal Methods available, educational resources, and trusted customer support.
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 Deposit | 100 USD |
🖱️ Account Types | Retail, Islamic, Professional |
🪙 Base Currencies | ZAR, USD, GBP, AUD |
5️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | ✅ Yes, referral bonus |
⏰ Support Hours | 24/5 |
💵 Currency Pairs | 51; Major, Minor, Exotic Pairs |
🤝 Affiliate Program | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Over 1,260 instruments | Inactivity fees on dormant accounts |
Fixed spreads from 0.6 pips on the Pro Account | The demo account is available for 21 days |
Islamic Account | Deposit and withdrawal options are limited |
There is a free demo account available | Leverage 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
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 Deposit | 10 USD |
📈 Spreads | From 0.0 pips EUR |
📉 Leverage | Unlimited |
🪙 Currency Pairs | 100+ |
🤝 Affiliate Program | ✅Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Flexible trading accounts | Demo account is only valid for 21 days |
Well-regulated + Comprehensive fund protection | Limited product portfolio |
Powerful trading platforms | Country Restrictions |
Our Insights
The benefits of trading with Exness include Flexible trading accounts and Powerful trading platforms.
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 Founded | 2002 |
👤 Amount of Staff | Approximately 2,000 |
👥 Amount of Active Traders | Over 500,000 |
📍 Publicly Traded | Warsaw Stock Exchange |
📈 Regulation | FCA, KNF, IFSC, CySEC |
🌎 Country of Regulation | UK (FCA), Poland (KNF) |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💰 Minor Account Currencies | Major, Minor |
💴 Minimum Deposit | Varies by account type |
⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💶 Fund Withdrawal Fee | None |
📐 Spreads From | From 0.1 pips |
💶 Commissions | Variable |
💵 Number of Base Currencies Supported | 30+ |
💷 Swap Fees | ✅Yes |
🔖 Leverage | Up to 1:500 |
🏷️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
🖇️ Order Execution Time Seconds | Milliseconds - |
🖥️ VPS Hosting | Select accounts |
📈 CFDs Total | Over 2,000 |
📉 CFD Stock Indices | Major global indices |
🍎 CFD Commodities | Oil, gold, etc. |
📊 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
🖱️ Trading Platforms | xStation 5 |
⭐ OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex Trading Tools | Charting tools, technical analysis |
🥰 Live Chat Availability | ✅Yes |
☎️ Customer Support Contact Number | Varies by region |
💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
🚩 Languages Supported | Multiple languages |
✏️ Forex Course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, tutorials, etc. |
🤝 Affiliate Program | ✅Yes |
🫶 Amount of Partners | Numerous global partners |
🫰🏻 IB Program | ✅Yes |
🔖 Notable Events or Teams | ✅Yes |
🏷️ Rebate Program | ✅Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Inactivity fee |
Free Deposit and Withdrawal | High conversion fee |
Our Insights
The benefits of Trading with XTB include segregated customer funds, mobile trading, and, trusted customer support.
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 Licenses | BVI FSC, CySEC, ASIC, FSA |
📉 Ease of Use | 5/5 |
⏰ Support Hours | 24/5 |
📊 Trading Platforms | TradingView, MetaTrader 4, MetaTrader 5, easyMarkets |
💹 Spreads | From 0.5 pips |
📌 Leverage | 1:2000 |
💸 Currency Pairs | 45; major, minor, exotic pairs |
💳 Minimum Deposit | 25 USD |
🚫 Inactivity Fee | None |
✅ Affiliate Program | ✅Yes |
✔️ Scalping | ✅Yes |
📍 Hedging | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fixed spreads | High spreads compared to other brokers. |
Bonus Offers | No cent account |
Our Insights
The benefits of trading with easyMarkets include multi-currency trading accounts and multilingual customer support.
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.
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.
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.
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 | FSC, FSA, VFSC | USD 10 | 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 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.