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6 Best Forex Brokers in Samoa

Last Update: June 26th, 2024

Forex Brokers Samoa

 

The 6 Best Forex Brokers in Samoa – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Samoa.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Samoa – a List
  • Is Forex Trading Legal in Samoa?
  • The Best Forex Brokers for Beginners and Foreigners
  • The Best MT4 and MT5 Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in Samoa

 

6 Best Forex Brokers in Samoa – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💷 Min. Deposit
🥇 FXCM👉 Click Here✅Yes50 USD
🥈 Admirals👉 Click Here✅Yes25 USD
🥉 XTB👉 Click Here✅YesNone
🏅 Interactive Brokers👉 Click Here✅YesNone
🎖️ IG👉 Click Here✅Yes50 USD
🥇 OANDA👉 Click Here✅YesNone

 

6 Best Forex Brokers in Samoa

 

  1. ☑️ FXCM – Overall, the Best Forex Broker in Samoa
  2. ☑️ Admirals – Best Overall Offering
  3. ☑️ XTB – Best Mobile Trading Experience
  4. ☑️ Interactive Brokers – Leading Broker for Experienced Traders
  5. ☑️ IG – Low Minimum Deposit Forex Broker
  6. ☑️ OANDA – Best Online Trading Experience

 

FXCM Review

 

FXCM

FXCM is a trusted and well-regulated Forex and CFD Service Provider. Regulations by acclaimed and trusted agencies include the FCA, ASIC, CySEC, and, the FSCA. A CFD Trading and Islamic, Swap-Free Option is offered. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable Factors and Features include:

 

 

Trading instruments and Products include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets. FXCM supports Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade. In addition, a Proprietary Mobile App is available.

 

🔍 Broker🥇 FXCM
💵 Minimum Deposit50 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes
🕰️ Support Hours24/5
🚀 Open an Account👉 Click Here

 

FXCM

Pros and Cons

 

✅ Pros❌ Cons
Multitude of educational materialsHigh Currency conversion fees
Multiple Account TypesNarrow asset portfolio
24-hour multilingual customerLimited Trading Platforms

 

Our Insights

The benefits of trading with FXCM include multilingual customer support. Languages offered include English, French, Chinese, German, Italian, Malay, Spanish, Thai, Bahasa, Arabic, Polish, and, Russian.

 

Admirals Review

 

Admirals

Admiral Markets or Admirals, is a competitive Forex Service provider with Competitive Fees. Regulations by acclaimed and trusted agencies include FCA, ASIC, CySEC, JSC, FSCA, FSA, and, the CMA. Accounts available are Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and, Bets.MT5. The minimum deposit is 25 USD. Moreover, a Demoo Account is available. Notable Features and Factors include:

 

  • A vast collection of articles and tutorials
  • Occasional Bonus Offers and Promotions
  • Spreads from 0.0 Pips
  • Leverage of up to 1:1000
  • An Inactivity Fee is Charged
  • Commission Fees are Charged
  • Access to over 80 Currency Pairs

 

Trading instruments and Products include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Admirals support MetaTrader 4 and MetaTrader 5. In addition, a proprietary mobile app is available.

 

🔎Broker🥇Admirals
💴Minimum Deposit25 USD
🎉Established Year2001
⏰Support Hours24/5
💻Trading PlatformsMetaTrader 4, MetaTrader 5, Admirals App
📈Account TypesTrade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5
🚀 Open an Account
👉 Click Here

 

Admirals Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalNo 24/7 customer service

 

Our Insights

The benefits of Trading with Admirals include several account types, including Islamic, and Swap-Free Options.

 

XTB Review

 

XTB

XTB is a highly regulated and well-established Forex Brokerage. Regulations by acclaimed and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts include Standard and Islamic, Swap-Free Options. Moreover, a Demo Account is available. Notable factors and Features include:

 

  • Multiple Base Currencies, including USD and EUR
  • Spreads from 0.5 Pips
  • Leverage of up to 1:500
  • An inactivity fee is charged
  • Multilingual Customer Support

 

Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, Crypto CFDs. XTB supports xStation 5 and xStation Mobile.

 

🔍 Broker🥇 XTB
💵 Minimum Deposit0 USD
5️⃣ Ease of use Rating 5/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 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 access to a wide range of financial products and narrow spreads on main currency pairs.

 

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Interactive Brokers

Interactive Brokers is a popular and highly regulated trading platform for experienced traders and investors. Regulations by acclaimed and trusted agencies include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts available are IBKR Lite and IBKR Pro. Moreover, a Free Trail Account is available. Notable Factors and features include:

 

  • Multiple Base Currencies, including AUD, AUD, and, CAD
  • Spreads from 0.6 Pips
  • Leverage of up to 1:30
  • Access to over 100 Currencies
  • No Inactivity Fee is Charged
  • Scalping and Hedging

 

Trading instruments and Products include Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, Bonds. Interactive Brokers support IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.

 

🔎 Broker🥇 Interactive Brokers
💴 Min. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5 None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

The benefits of trading with Interactive Brokers include access to a Student Trading Lab and Webinars.

 

IG Review

 

IG

IG is a reputable forex and CFD trading platform with a strong regulatory framework, broad market access, and extensive training resources. Regulations by acclaimed and trusted agencies include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, the BMA. Accounts available include a Limited Risk Trading and Islamic, Swap-Free Option. Moreover, a Demo Account is available.

 

In addition, notable Factors and Features include:

 

  • Spreads from 0.6 Pips
  • Leverage of up to 1:222
  • Access to over 80 Currency Pairs
  • An Inactivity Fee is Charged
  • Scalping and Hedging

 

Trading instruments and Products include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest rates. IG supports MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, and, FIX API.

 

🔎Broker🥇IG
📈 Regulation and LicensesFCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA
📉 Ease of Use4/5
📊 Support Hours24/7
💻 Trading PlatformsMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💴 Base CurrenciesUSD
📊 SpreadsFrom 0.1 pips DMA
📌 Leverage1:222 (Pro), 1:30 (EU, UK, Retail)
💸 Currency Pairs80+; major, minor, and exotic pairs
💳 Minimum DepositFrom 50 USD (differs per region)
🚫 Inactivity FeeYes, 12 USD after 2 years of inactivity
📍 Website LanguagesEnglish
💰 Fees and CommissionsSpreads from 0.1 pips, commissions from 0.10%
🚀Open an Account👉 Click Here

 

IG Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Access to over 17,000 instruments across marketsLimitations on customer support hours
Investing opportunities for high-volume tradersInactivity fees apply
Several advanced Trading platformsIG is not available in all regions

 

Our Insights

The benefits of trading with IG include access to daily market comments, insights, and, technical analysis.

 

OANDA

 

OANDA

OANDA is a trusted and well-established Forex and CFD broker that offers a complex trading experience with user-friendly tools. Regulations by acclaimed and trusted agencies include IIROC, ASIC, CFTC, NFA, FCA, FFAJ, JFSA, MAS, MFSA, and, the BVI FSC. Standard, Core, Swap-Free, Premium, and, Premium Core accounts are available. In addition, a Demo Account is available. Notable Factors and Features include:

 

  • 24/5 Customer Support
  • Multiple Base Currencies including USD, EUR, HKD, and, SGD
  • Spreads from 0.1 Pips
  • Leverage of up to 1:888
  • Access to over 48 Currency Pairs, including Major, minor, and Exotic Pairs
  • No minimum deposit required
  • Multilingual Customer Support

 

Trading instruments and Products include Forex, indices, commodities, metals, shares, energies, and, cryptocurrencies. OANDA supports FxTrade, MetaTrader 4, and, MetaTrader 5. In addition, an OANDA Mobile App is available.

 

🔎 Broker🥇 OANDA
💶 Minimum DepositNone
📌 Account TypesStandard, Elite Trader
🆓 Demo Account✅Yes
🎁 Bonus Offers✅Yes
✏️ Education✅Yes
📲 Mobile Trading ✅Yes
🖱️ Trading PlatformMetaTrader 4
🚀Open an Account👉 Click Here

 

OANDA

 

Pros and Cons

 

✅ Pros❌ Cons
Great trading platformsOnly FX and CFD available for most clients
Outstanding research toolsLacking Customer Support
Low trading feesInactivity fee

 

Our Insights

The benefits of trading with OANDA include access to a large selection of instructional resources, webinars, and market research.

 

Forex in Samoa

 

Is Forex Trading Legal in Samoa?

Forex Trading in Samoa is legal and available without restriction. Moreover, it is governed by the Central Bank of Samoa (CBS).

 

Is Forex Trading Legal in Samoa?

 

In Conclusion

Forex Trading in Samoa has seen a spike in popularity. Moreover, it is legal and regulated by the country’s central bank. In addition, multiple international Brokers accept Samoan Traders.

 

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

While reviewing the Best Forex Brokers that accept Samoan Traders, 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 in Samoa is legal and available without restriction.

The Central Bank of Samoa (CBS).

The Samoan Tala.

The FXCM Minimum Deposit is 50 USD.

Admirals support MetaTrader 4 and MetaTrader 5.

No minimum deposit is required.

Interactive Brokers offer 24/5 Customer Support.

Over 80 Currency Pairs, including Major, Minor, and, Exotic Pairs.

Trading with OANDA is not commission-free.

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