10 Best Forex Brokers in Laos
Last Update: April 30th, 2024
The 10 Best Forex Brokers in Laos – Rated and Reviewed. We have listed the top Forex Brokers accepting Laotian Traders.
In this in-depth article, you will learn:
- The Best Forex Brokers in Laos – a List.
- Is Forex Trading Legal in Laos?
- Best Forex Brokers for Beginners and Foreigners.
- Best MT4/MT5 Forex Brokers
and much, MUCH more!
10 Best Forex Brokers in Laos – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Laotian Traders | 💶 Min. Deposit (LAK) |
| 🥇 IC Markets | 👉 Click Here | ✅Yes | 4255284,00 LAK |
| 🥈 Pepperstone | 👉 Click Here | ✅Yes | 2730637,02 LAK |
| 🥉 Tickmill | 👉 Click Here | ✅Yes | 2127642,00 LAK |
| 🏅 Moneta Markets | 👉 Click Here | ✅Yes | 1063821,00 LAK |
| 🎖️ Oanda | 👉 Click Here | ✅Yes | None |
| 🥇 Admirals | 👉 Click Here | ✅Yes | 531910,50 LAK |
| 🥈 FXCM | 👉 Click Here | ✅Yes | 1063821,00 LAK |
| 🥉 Interactive Brokers | 👉 Click Here | ✅Yes | None |
| 🏅 IG | 👉 Click Here | ✅Yes | 1063821,00 LAK |
| 🎖️ Octa | 👉 Click Here | ✅Yes | 531910,50 LAK |
10 Best Forex Brokers in Laos (2024)
- ☑️ IC Markets – Overall, the Best Forex Broker accepting Laotian Traders.
- ☑️ Pepperstone – Low Forex Commissions and tight spreads.
- ☑️ Tickmill – Wide Range of Currency Pairs.
- ☑️ Moneta Markets – Low LAK Forex Fees.
- ☑️ Oanda – Outstanding research tools.
- ☑️ Admirals – Free Deposit and Withdrawals.
- ☑️ FXCM – High-quality educational content.
- ☑️ Interactive Brokers – Wide range of products + Low Trading Fees.
- ☑️ IG – Excellent Web trading platform.
- ☑️ Octa – Best Forex Broker for Beginners
IC Markets
IC Markets is a renowned Forex and CFD Broker. It adheres to strict global regulations. Moreover, regulators include ASIC, CySEC, and, the FSA.
Furthermore, it offers an extensive range of financial instruments. Accounts offered are cTrader, Raw Spread, and Standard. Trading Platforms available are MT4, MT5, cTrader, IC Social, Signal Start, and, ZuluTrade.
The minimum deposit is 200 USD.
| 🔎 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
IC Markets is suited to Novice and Professional Traders. However, the 200 USD minimum deposit is high.
Pepperstone
Pepperstone is a prominent Forex and CFD broker regulated by ASIC and the FCA. It offers numerous platforms and excellent customer support. Furthermore, the accounts offered are Standard and Razor. Moreover, trading Platforms include MT4, MT5, and, cTrader.
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
Pepperstone best suite professionals. Moreover, the Minimum Deposit set is High.
Tickmill
Tickmill is a prominent Forex and CFD broker licensed by several respectable financial institutions. Accounts offered are VIP, Classic, and, Pro. Moreover, Trading Platforms are MetaTrader 4 and MetaTrader 5.
Furthermore, a 30 USD Welcome Bonus is available. The minimum deposit is 100 USD.
| 🔎 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
Tickmill suits all traders. However, Beginners will benefit from a Welcome Bonus, Demo Account, and, Educational Resources.
Moneta Markets
Moneta Markets is an internationally recognized Forex Brokers. It is regulated by CIMA, FSCA, FSA, and ASIC. Furthermore, accounts offered include Direct STP, Prime ECN, and, Ultra ECN.
Trading Platforms available are PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader Appr. The minimum deposit is 50 USD.
| 🔎 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 two-factor authentication (2FA) and 24/5 Customer Support.
OANDA
OANDA is a forex and CFD broker that offers a complex trading experience. Furthermore, it is regulated by top-tier agencies like the CFTC, NFA, and FCA. Accounts offered are Standard, Core, Swap-Free, Premium, and, Premium Core.
Moreover, no Minimum Deposit is required.
| 🔎 Broker | 🥇 OANDA |
| 💶 Minimum Deposit | None |
| 📌 Account Types | Standard, Elite Trader |
| 🆓 Demo Account | ✅Yes |
| 🎁 Bonus Offers | ✅Yes |
| ✏️ Education | ✅Yes |
| 📲 Mobile Trading | ✅Yes |
| 🖱️ Trading Platform | MetaTrader 4 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great trading platforms | Only FX and CFD available for most clients |
| Outstanding research tools | Lacking Customer Support |
| Low trading fees | Inactivity fee |
Our Insights
OANDA suits beginner and casual traders. However, Premium Options are offered to experienced traders. Moreover, the Elite Trader account is tailored to high-volume traders.
Admirals
Admirals is a well-established forex and CFD broker that offers a comprehensive array of trading platforms. Moreover, strong security measures are applied.
Accounts offered are Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and, Bets.MT5. Trading Platforms offered are MetaTrader 4 and MetaTrader 5.
The minimum deposit is 25 USD.
| 🔑Broker | 🥇Admirals |
| 💴Minimum Deposit | 25 USD |
| 🎉Established Year | 2001 |
| ⏰Support Hours | 24/5 |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
| 📈Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Islamic Account | Inactivity fee |
| Free Deposit and Withdrawal | No 24/7 customer service |
Our Insights
Admirals suit all traders. Moreover, active traders will benefit from a referral bonus and cashback program.
FXCM
FXCM is a respected Forex and CFD Broker. It is regulated by the FCA, ASIC, CySEC, and, FSCA. Moreover, it is affiliated with the Financial Services Compensation Scheme (FSCS).
A CFD Trading Account is available. The minimum deposit is 50 USD.
| 🔍 Broker | 🥇 FXCM |
| 💵 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 |
| Multitude of educational materials | High Currency conversion fees |
| Multiple Account Types | Narrow asset portfolio |
| 24-hour multilingual customer | Limited Trading Platforms |
Our Insights
FXCM suits all traders. However, Beginners will benefit from Multilingual Support and Educational resources.
Interactive Brokers
Interactive Brokers is a leading Forex and CFD Broker. It is licensed by nine tier-1 Regulators. Furthermore, the accounts offered are IBKR Lite and IBKR Pro. Moreover, Mobile Trading is available.
| 🔎 Broker | 🥇 Interactive Brokers |
| 💴 Min. Deposit | None |
| 💶 Inactivity Fee | None |
| 📈 Tradable Assets | Forex, Metals, Futures, ETFs |
| 🪙 Crypto Trading | ✅Yes |
| 📉 MT4 / MT5 | None |
| 📊 Proprietary Platforms | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 🤝 Customer Support | 24/7 |
| ✏️ Education | ✅Yes |
| 📍 Account Types | IBKR Pro and Lite |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low commissions and fees | Intimidating Platform |
| Excellent educational materials | Complex tiered pricing plans |
| Reliable trade execution | Lacking Customer Support |
Our Insights
Interactive Brokers best suite Experienced Traders. It provides Specialised Benefits.
IG
IG is a Leading Forex Broker regulated by multiple top-tier agencies worldwide. It offers seven account types, including a Swap-Free Option.
The minimum deposit is 50 USD.
| 🔎Broker | 🥇IG |
| 📈 Regulation and Licenses | FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| 📉 Ease of Use | 4/5 |
| 📊 Support Hours | 24/7 |
| 💻 Trading Platforms | MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API |
| 💴 Base Currencies | USD |
| 📊 Spreads | From 0.1 pips DMA |
| 📌 Leverage | 1:222 (Pro), 1:30 (EU, UK, Retail) |
| 💸 Currency Pairs | 80+; major, minor, and exotic pairs |
| 💳 Minimum Deposit | From 50 USD (differs per region) |
| 🚫 Inactivity Fee | Yes, 12 USD after 2 years of inactivity |
| 📍 Website Languages | English |
| 💰 Fees and Commissions | Spreads from 0.1 pips, commissions from 0.10% |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| IG is a well-regulated and renowned spread betting broker | IG might be complex for beginners |
| There are over 17,000 instruments across asset classes | There is a high minimum deposit required |
| There is no capital gains tax or stamp duty charged, increasing profits | While negative balance protection is available, traders can still lose their entire investment |
Our Insights
IG best suited Professional Traders. Moreover, the sheer volume of accounts will overwhelm Novice traders.
Octa
Octa is regulated in two Tier-2 and one Tier-3 entities. Moreover, it segregates customer funds. Accounts available are MetaTrader4, MetaTrader 5, and, OctaTrader.
The minimum deposit is 25 USD.
| 🔎 Broker | 🥇 Octa |
| 💵 Minimum Deposit | 25 USD |
| 4️⃣ Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅Yes |
| 🪙 Currency Pairs | 32, 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
Octa suits all traders. Moreover, Beginners will benefit from Social Trading, Demo Accounts, and, Trusted Customer Support.
Is Forex Trading Legal in Laos?
Forex Trading in Laos is legal and governed by the Central Bank of Laos. Laotian Investors can trade Forex without restriction.
In Conclusion
Forex Trading is legal and well-regulated in Laos. Moreover, it is governed by the Central Bank of Laos. However, Locally Based Forex Brokers are not available. Therefore, an International Forex Broker must be selected to trade.
| 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 Laotian Traders, we found 10 excellent options. Each broker has its list of Benefits, ranging from multiple trading platforms to multilingual 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 Laos?
Forex Trading is legal and well-regulated in Laos.
Who regulates financial services in Laos?
The main regulatory body of the country is the Central Bank of Laos.
What is the local currency in Laos?
The local currency in Laos is the Lao Kip.
Who is the best Forex Broker in Laos?
The Best Forex Broker in Laos is IC Markets.
Does IC Markets have a Swap-Free Option?
IC Markets offers an Islamic, Swap-Free Account.
Does Pepperstone protect client Funds?
Pepperstone offers negative balance protection.
How many currency pairs can I trade with Tickmill?
Tickmill provides a wide variety of 62 currency pairs, including major, minor, and exotic.
Is margin trading available on all Moneta Markets accounts?
Margin trading is available on all account types offered by Moneta Markets.
Does Oanda charge a fee for real-time data?
Real-time market data is provided at no additional expense.
Does Admirals offer a Demo account?
Admirals offers a 30-day Demo account.
Does FXCM provide trading tools for beginners?
FXCM provides trading tools and resources specifically designed for beginners.
What leverage do Interactive Brokers offer for its accounts?
Their IBKR Lite and IBKR Pro accounts provide up to 1:30 leverage.
Does IG offer guaranteed stop-loss orders?
The broker provides guaranteed stop-loss orders.
Which regulatory bodies oversee Octa?
The Cyprus Securities and Exchange Commission (CySEC), the SVG FSA, and the FSCA.
Top 4 Brokers
