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6 Best Forex Brokers in the Solomon Islands

Last Update: June 26th, 2024

Solomon Islands

 

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

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in the Solomon Islands – a List
  • Is Forex Trading Legal in the Solomon Islands Region?
  • The Best Forex Brokers for Beginners and Foreigners
  • Leading MT4 and MT5 Forex Brokers
  • Low SBD Minimum Deposit Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in the Solomon Islands

 

6 Best Forex Brokers in the Solomon Islands – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💴 Min. Deposit (SBD)
🥇 XTB👉 Click Here✅YesNone
🥈 Admirals👉 Click Here✅Yes211,36
🥉 FXCM👉 Click Here✅Yes422,72
🏅 Moneta Markets👉 Click Here✅Yes422,72
🎖️ GO Markets👉 Click Here✅Yes1690,89
🏆 Pepperstone👉 Click Here✅Yes1127,65

 

6 Best Forex Brokers in the Solomon Islands (2024)

 

  1. ☑️ XTB – Overall, the Best Forex Broker in the Solomon Islands
  2. ☑️ Admirals – Low SBD Minimum Deposit
  3. ☑️ FXCM – Best Overall Trading Experience
  4. ☑️ Moneta Markets – Best Online Trading Experience
  5. ☑️ GO Markets – Best Mobile Trading Platform
  6. ☑️ Pepperstone – High User Trust Score

 

XTB Review

 

XTB

XTB is a highly regulated and well-established Forex and CFD Broker. Regulations by renowned and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Account Options include:

 

  • Standard Account – Ideal for Novice and Casual Traders
  • Islamic, Swap-Free – Idealf for Muslim Traders

 

Moreover, a Demo Account is available. The xStation 5 and xStation mobile Platforms are supported. Notable Factors and FEatures include:

 

  • Multiple Base Currencies, including USD, EUR, and, GBP
  • Spreads from 0.5 Pips
  • Leverage of Up to 1:500
  • Access to over 50 Currency Pairs, including Major, Minor, and Exotic Pairs
  • An Inactivity Fee is Charged

 

Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs.

 

🔍 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 commission-free trading on genuine stocks and ETFs, in-depth market research, and, narrow spreads on main currency pairs.

 

Admirals Review

 

Admirals

Admirals or Admiral Markets is a well-regulated, trusted, and popular Forex and CFD Broker. Regulations by renowned and trusted agencies include the FCA, ASIC, CySEC, JSC, FSCA, FSA, and, the CMA. Account and Trading Platform Combinations are:

 

  • Trade.MT4 and Zero.MT4 Accounts with MetaTrader 4 integration
  • Trade.MT5, Invest.MT5, and, Zero.MT5 Accounts with MetaTrader 5 integration
  • Bets.MT5 Account with MT5 Integration (Available in the UK Only)

 

Additionally, Islamic, Swap Free, and Demo Account Options are available. In addition, Notable Factors and Features include:

 

  • Bonus Offers and Promotions
  • Spreads from 0.0 Pips
  • Leverage of up to 1:1000
  • Access to Over 80 Currency Pairs
  • A Low 25 Minimum Deposit

 

Trading instruments and Products include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Moreover. Scalping and Hedging are supported.

 

🔎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

 

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 a large range of financial instruments for trade and zero-pip spreads on select accounts and instruments.

 

FXCM Review

 

FXCM

FXCM is a highly respected Forex and CFD Broker. License and Regulations include the FCA, ASIC, CySEC, and, the FSCA. Account options available include a CFD, Islamic, and Demo Option. Supported Trading Platforms include Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade.

Moreover, a Proprietary Mobile App is available for Download. In addition, Notable Factors and Features include:

 

  • Spreads from 0.2 Pips
  • Leverage of up to 1:400 (Depending on Region)
  • Access to over 40 Currency Pairs
  • A 50 USD Minimum deposit

 

Trading instruments and Products include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets.

 

🔍 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 access to excellent educational resources, multiple account types, and trusted customer support.

 

Moneta Markets Review

 

Moneta Markets

Moneta Markets is a popular Forex and CFD Brokerage. Regulations by renowned and trusted agencies include the FSCA, FSA Seychelles, CIMA, and, ASIC. Account Options include:

 

  • Direct STP Account – Ideal for beginners and casual traders
  • Prime ECN Account – Ideal for experienced traders
  • Ultra ECN Account – Ideal for scalpers and professional traders

 

In addition, a Demo Account is available. Supported Trading Platforms include PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader. Notable factors and features include:

 

  • 10 Base Currencies, including SGD and HKD.
  • Spreads from 0.0 Pips
  • Leverage of up to 1:1000
  • Access to Over 40 Currency Pairs
  • No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, Commodities, Indices, Shares, ETFs, Bonds, and, Cryptocurrencies.

 

🔎 Broker🥇 Moneta Markets
📈 Established Year2019
📉 Regulation and LicensesFSCA, FSA Seychelles, CIMA, ASIC
📊 Ease of Use Rating4/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsPRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App
📌 Account TypesDirect STP, Prime ECN, Ultra ECN
💴 Base CurrenciesAUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
📍 SpreadsFrom 0.0 pips
💹 Leverage1:1000
💵 Currency Pairs44; major, minor, and exotic pairs
💶 Minimum Deposit50 USD
💷 Inactivity FeeNone
🔊 Website LanguagesEnglish, French, German, Spanish, Vietnamese, Thai, Russian, Arabic, Portuguese, Chinese, etc.
🪙 Fees and CommissionsSpreads from 0.0 pips, commissions from $6 round turn
🤝 Affiliate Program✅Yes
❎ Banned CountriesUnited States, Canada, Hong Kong
📈 Scalping✅Yes
📉 Hedging✅Yes
📐 Trading InstrumentsForex, commodities, indices, shares, ETFs, bonds, cryptocurrencies
🚀 Open an Account👉 Click Here

 

Moneta Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
1,000+ tradable assets, including forexSome account types may have volume constraints
Multilingual supportLimited Education

 

Our Insights

The benefits of trading with Moneta Markets include access to more than 1,000 tradable assets, Multilingual support, and, Competitive spreads.

 

Go Markets Broker Review

 

GO Markets

GO Markets is a reliable and robust forex and CFD broker. Regulations by renowned and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Account options available are:

 

  • Standard Account – Ideal for casual retail traders.
  • GO+ Account – Ideal for scalpers, day, and algorithmic traders.

 

Additionally, a Demo Account is available. Supported Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader. Notable factors include:

 

  • Several Base Currencies, including EUR, GBP, and, CHF
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 50 Currency Pairs
  • Multiple Educational Resources
  • A Commission Fee is Charged

 

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 multiple security measures including the Segregation of Client funds.

 

Pepperstone

 

Pepperstone

Pepperstone is amongst the highest regulated and trusted Forex and CFD services providers. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts Offered are:

 

  • Standard Account – Suited to All traders
  • Razor Account – Suited to Scalpers, Day traders, and, Automatic traders

 

Moreover, Demo and Islamic, Swap-Free Trading are supported. Trading Platforms on offer are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Notable Factors and Features include:

 

  • Leverage of up to 1:500 on the Pro Account
  • Access to over 70 Currency Pairs
  • Dedicated 24/7 Customer Support
  • USD and GBP Base Currencies

 

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
Great customer serviceLimited Trading Platforms
Low forex feesHigh Overnight Fees

 

Our Insights

The benefits of trading with Pepperstone include responsive and friendly customer service, impressive educational content, and, easy account setup.

 

Forex Trading in the Solomon Islands

 

Is Forex Trading Legal in the Solomon Islands?

Forex Trading in the Solomon Islands and well-regulated by the country’s Central Bank.

 

Is Forex Trading Legal in the Solomon Islands?

 

In Conclusion

The popularity of Forex Trading in the Solomon Islands has seen a rise amongst young professionals. Moreover, it is well-governed by the Central Bank of Solomon Island. In addition, several Globally Regulated Forex Brokers accept local 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 Traders in the Solomon 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 in the Solomon Islands and well-regulated by the country’s Central Bank.

The Central Bank of Solomon Island.

The Solomon Islands Dollar (SBD).

No Minimum Deposit is required.

Admirals offers 24/5 Customer Support.

A 50 USD Inactivity Fee is charged after 12 Months of Inactivity.

Moneta Markets offers leverage of up to 1:1000.

Over 50 Currency Pairs including Minor, Major, and, Exotic Pairs.

The Pepperstone Minimum Deposit is AU$ 200.

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