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6 Best Forex Brokers in Marshall Islands

Last Update: June 26th, 2024

Forex Brokers Marshall Islands

 

The 6 Best Forex Brokers in the Marshall Islands – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in the Marshall Islands.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in the Marshall Islands – a List
  • Is Forex Trading Legal in the Marshall Islands?
  • The Best Forex Brokers for Beginners and Foreigners
  • The Best MetaTrader 4 and MetaTrader 5 Forex Brokers
  • Low USD Minimum Deposit Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in Marshall Islands

 

6 Best Forex Brokers in the Marshall Islands – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💴 Min. Deposit
🥇 IC Markets👉 Click Here✅Yes200 USD
🥈 Tickmill👉 Click Here✅Yes100 USD
🥇 FP Markets👉 Click Here✅YesAU$ 100
🏅 Pepperstone👉 Click Here✅YesAU$ 200
🎖️ GO Markets👉 Click Here✅Yes200 USD
🥇 Vantage👉 Click Here✅Yes50 USD

 

6 Best Forex Brokers in the Marshall Islands (2024)

 

  1. ☑️ IC Markets – Overall, the Best Forex Broker in the Marshall Islands
  2. ☑️ Tickmill – Best Overall Trading Experience
  3. ☑️ FP Markets – High User Trust Score
  4. ☑️ Pepperstone – The Best Online Trading Experience
  5. ☑️ GO Markets – Best Mobile Trading Experience
  6. ☑️ Vantage – Low USD Minimum Deposit

 

IC Markets Review

 

IC Markets

IC Markets is a competitive and well-established Forex and CFD Broker with a 94 out of 99 trust score. License and Regulations include ASIC, CySEC, FSA, and, the SCB. In addition, Notable Factors and Features include:

 

  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs
  • No Inactivity Fee is Charged
  • 24/7 Customer Support
  • Multiple Base Currencies, including EUR and CAD

 

Account Options and Trading Platforms include:

 

  • cTrader, Raw Spread, Islamic, Standard, and, Demo Accounts
  • MetaTrader 4 and MetaTrader 5
  • cTrader
  • IC Social
  • Signal Start
  • ZuluTrade

 

Several Funding Options are available, PayPal, Skrill, UnionPay, and, Bank Wire Transfer. Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

 

🔎 Broker🥇 IC Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📌 Regulation and LicensesASIC, CySEC, FSA, SCB
5️⃣ Ease of Use Rating5/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 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

The Benefits of trading with IC Markets include access to impressive educational resources and 24/7 Dedicated Customer Support.

 

Tickmill Review

 

Tickmill

Tickmill is an established and trusted Forex and CFD Brokerage with a trust score of 83 out of 99. License and Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. In addition, Notable Factors and Features include:

 

  • No Inactivity Fee is Charged
  • Spreads from 0.0 Pips
  • A 30 USD Welcome Account
  • Promotions and Contests
  • Multiple Base Currencies, including USD, EUR, and, GBP
  • Leverage of up to 1:500

 

Account Options and Trading Platforms include:

 

  • VIP, Classic, Pro, Islamic, and, Demo Accounts
  • MetaTrader 4 and MetaTrader 5
  • A Proprietary Mobile App

 

Several Funding Options are available, including Crypto Payments, Skrill, and, Neteller. Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs.

 

🔎 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 access to several Bonus Offers, Promotions, and, Trader Competitions.

 

FP Markets

 

FP Markets

FP Markets is a highly trusted Forex Broker regulated in several regions with a trust score of 87 out of 99. License and Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Notable Factors and Features include:

 

  • No Inactivity Fee is Charged
  • Multilingual Customer Support
  • A Commission Fee is Charged
  • Multiple Base Currencies, including AUD, CAD, and, GBP
  • Spreads from 0.0 Pips and Leverage of up to 1:500

 

Account Options and Trading Platforms include:

 

  • Standard, Raw, Islamic Standard, Islamic Raw, and, Demo Accounts
  • MetaTrader 4 and MetaTrader 5
  • IRESS
  • cTrader
  • A Proprietary Mobile App

 

Several Funding Options are available, including Neteller, Skrill, Asia Bank, Virtual Pay, and, Credit Cards. Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.

 

🔎 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 multilingual customer support and access to in-depth technical analysis via video courses, seminars, and eBooks.

 

Pepperstone

 

Pepperstone

Pepperstone is a highly regulated and trusted Forex Broker with a 98 out of 99 trust score. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. In addition, Notable Factors and Features include:

 

  • Client Fund Segregation
  • 24/7 Multilingual Customer Support
  • USD and GBP Base Currencies
  • Spreads from 0.0 Pips
  • Access to over 70 Currency Pairs
  • Scalping and Hedging

 

Account Options and Trading Platforms include:

 

  • Standard, Razor, Islamic, and, Demo Accounts
  • TradingView
  • MetaTrader 4 and MetaTrade 5
  • cTrader
  • Capitalise.ai

 

Several Funding Options are available, including MPESA, PayPal, Neteller, Poli, and, Skrill. Trading instruments and Products include Forex, Commodities, Indices, Currency indices, Cryptocurrencies, Shares, and, ETFs.

 

🔎 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 educational resources suited to all skill levels.

 

Go Markets Broker Review

 

GO Markets

GO Markets is a global Forex and CFD Services provider with a trust score of 98 out of 99. Regulations by acclaimed and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. In addition, Notable Factors and Features include:

 

  • Multiple Base Currencies, including EUR and NZD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 50 Currency Pairs

 

Account Options and Trading Platforms include:

 

  • Standard, GO+ Plus, and, Demo Accounts
  • MetaTrader 4 and MetaTrader 5
  • cTrader

 

Several Funding Options are available, including Credit Cards, Debit Cards, Skrill, Neteller, and, Bank Wire Transfers. Trading instruments and Products include Forex, Shares, Indices, Metals, Commodities, and, Cryptocurrencies.

 

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

The benefits of trading with GO Markets include access to impressive education, including Inner Circle Webinars, Up-to-Date News, and Analysis.

 

Vantage Review

 

Vantage

Vantage, previously known as Vantage FX and Vantage Markets, is a trusted Brokerage with a trust score of 89 out of 90. Regulations by acclaimed and trusted agencies include CIMA, VFSC, FSCA, and, ASIC. In addition, Notable Factors and Features include:

 

  • Refer a Friend Bonus
  • Copy and Social Trading
  • Multiple Base Currencies, including USD and AUD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500

 

Account Options and Trading Platforms include:

 

  • Standard STP, Raw ECN, Pro ECN, and, Demo Accounts
  • MetaTrader 4 and MetaTrader 5
  • ProTrader
  • Vantage Mobile App
  • Vantage Copy Trading
  • ZuluTrade
  • DupliTrade
  • MyFXBook Autotrader

 

Several Funding Options are available, including Credit Cards, Debit Cards, China UnionPay, Neteller, and, Skrill. Trading instruments and Products include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, bonds, and, crypto CFDs.

 

🔍 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
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expensesSome payment methods, notably international bank transfers, might incur withdrawal fees
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent marketsSome services and product offers may be restricted based on your location due to legislative limits
Traders can use webinars, market analysis, and other instructional resourcesShare CFD trading expenses on Vantage Markets could be higher than those of certain rivals

 

Our Insights

The benefits of trading with Vantage include narrow spreads on the ECN account options.

 

Forex Trading in the Marshall Islands

 

Is Forex Trading Legal in the Marshall Islands?

Forex Trading in the Marshall Islands is legal, available without restriction, and, extremely popular. However, it is not locally regulated. Therefore, an International Forex Broker must be selected to Trade Forex legally.

 

Is Forex Trading Legal in the Marshall Islands?

 

In Conclusion

Forex Trading in the Marshall Islands is extremely popular. However, it is not locally regulated. Therefore, an International Forex Broker must be selected to Trade Forex legally.

 

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 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

While reviewing the Best Forex Brokers that accept Traders from the Marshall Islands, we found 6 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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FAQs

Forex Trading is Legal and available without restriction in the Marshall Islands.

Forex Trading is not regulated by a Local Authority.

The United States Dollar.

24/7 Multilingual Customer Support is available.

Tickmill supports MetaTrader 4 and MetaTrader 5.

The FP Markets minimum deposit is AU$100.

A Commission fee of AU$7 per round turn, per standard lot, is charged on the Razor Account.

No Inactivity Fee is Charged.

Vantage Markets offers multiple educational resources, including a Vantage Academy.

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