Last Update: April 30th, 2024

The 10 Best Forex Brokers in Syria – Rated and Reviewed. We have listed the top Forex Brokers accepting Syrian Traders.

In the in-depth guide you will learn:

• The Best Forex Brokers in Syria – a List
• Is Forex Trading Legal in Syria?
• The Best MT4/MT5 Forex Brokers for Beginners
• Forbes Listed Forex Brokers

and much, MUCH more!

10 Best Forex Brokers in Syria – a Comparison

10 Best Forex Brokers in Syria (2024)

1. ☑️ XTB – Overall, the Best Forex Broker in Syria
2. ☑️ FxPro – Best Low Spread Broker in Syria
3. ☑️ Admirals – Best MT4 Broker for Beginners
4. ☑️ FXTM – Top Technical Analysis Broker
5. ☑️ IC Markets – Best Online Trading Experience
6. ☑️ XM – Leading MetaTrader 5 Broker
7. ☑️ HF Markets – Best Mobile Trading Experience
8. ☑️ RoboForex – Excellent Overall Offering
9. ☑️ FBS – Deposit Bonus + High Leverage
10. ☑️ Tickmill – Best Copy Trading Forex Broker

XTB

XTB is a well-regulated Forex Broker that provides access to Standard Forex and Islamic Account Types. Benefits of the XM Islamic Account include:

• 1,500 markets including FX, Crypto, Indices, Commodities, and ETFs
• Leverage up to 200:1
• Free of any special fees or interest

Moreover, the Swap-Free account offers two trading platforms, Station and MetaTrader 4. A Minimum deposit is not required.

Pros and Cons

Our Insights

The Benefits of trading with XM include Mobile Trading,  in-depth market research, and, trusted customer support

FxPro

FxPro is an established Forex and CFDs Broker that offers access to Standard, Pro, Raw+, ECN, and, Islamic Accounts. Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader.

The minimum deposit is 100 USD.

Pros and Cons

Our Insights

Benefits of trading with FxPro include Spreads from 0.0 pips, proprietary apps/trading platforms, and, an extensive selection of trading products.

Admirals

Admirals is a highly regulated and trusted Brokerage that offers access to Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and Bets.MT5 Accounts. Moreover, a Swap-Free option is available on the standard Trade.MT5 account.

The Islamic Account is available to retail and Professional Traders. The minimum deposit is 25 USD.

Pros and Cons

Our Insights

The benefits of trading with Admirals include Spreads from 0.0 pips, Low Commissions from $0.02, and Trusted customer support.

FXTM

FXTM is a highly regulated Forex Broker that offers Micro, Advantage, and,  Advantage Plus accounts. Moreover, it provides swap-free options on all account types, except the MT5 account.

The Micro and Advantage Plus Accounts are commission-free. The minimum deposit is 10 USD.

Pros and Cons

Our Insight

Benefits of trading with FXTM include a secure trading environment, comprehensive educational resources, and advanced trading platforms.

IC Markets

IC Markets is a well-established Forex and CFDs Broker that offers access to cTrader, Raw Spread, and, Standard Accounts. Moreover, the swap-free option is available on both Raw Spread and Standard account types on the MetaTrader4, MetaTrader 5, and cTrader platforms.

The minimum deposit is 200 USD.

Pros and Cons

Our Insights

Trading with IC Markets includes multiple benefits, including Comprehensive education and research, a wide range of trading products, and, various leverage choices from 1:1 to 1:500.

XM

XM stands out as a Leading Forex and CFDs Broker that offers access to Micro, Standard, Ultra-Low, and, Shares Accounts. Moreover, an Islamic Account is accessible in all three primary account types.

The Islamic account is paired with the MetaTrader 4 and MetaTrader 5 trading platforms. The minimum deposit is 5 USD.

Pros and Cons

Our Insights

The Benefits of trading with XM include the availability of an Ultra Low Account, Mobile Trading, and, the absence of deposit or withdrawal charges.

HF Markets

HF Markets is a highly regulated Forex Broker that offers access to Cent, Premium, Zero, and Pro Accounts. Moreover, an Islamic Account with no Expiration, no Spread Widening, no Commissions, and no Hidden Fees is available.

Pros and Cons

Our Insights

The Benefits of trading with HF Markets include several trading accounts and mobile trading on iOS and Android smartphones.

RoboForex

RoboForex is a trustworthy and highly regulated Forex Broker. Account types include Prime, ECN, R StocksTrader, ProCent, and, Pro. Moreover, an Islamic Account is available for cent and standard MetaTrader 4-based accounts.

The minimum deposit is 10 USD.

Pros and Cons

Our Insights

The Benefits of Trading with RoboForex include Copy and Mobile Trading.

FBS

FBS is a well-regulated Forex Brokers that provides Retail, Demo, and, Islamic Accounts. Moreover, the Islamic Account operates across MetaTrader 4 and MetaTrader 5 platforms.

The minimum deposit is 5 USD.

Pros and Cons

Our Insights

The benefits of Trading with FBS include a Low minimum deposit, a Leverage of up to 1:3000, and, Commission-free trading.

Tickmill

Tickmill is a popular and well-established Forex Broker that offers VIP, Classic, and Pro Accounts. Moreover, a Classic or Raw Islamic Account is available.

The Minimum deposit is 100 USD.

Pros and Cons

Our Insights

The Benefits of Trading with Tickmill include tight spreads and a low commission structure.

Is Forex Trading Legal in Syria?

Forex Trading is not restricted in Syria. Moreover, Forex trading is not explicitly regulated. However, the Syrian financial markets are regulated and governed by the Syrian Commission on Financial Markets And Securities (SCFMS).

Can Muslims trade Forex in Syria?

The majority of Syrians are Muslim and Forex Trading must be conducted via an Islamic, or Swap-Free Account.  A Swap-Free trading account is void of swap fees. This means the Trader will neither pay nor receive a swap fee.

Moreover, Non-Muslim traders can select any Forex Account that suits their trading needs, without restriction. General Account Types offered include Standard and Professional.

What is a Swap Fee in Forex? – Explained

In trading, a Swap refers to the interest that one pays or receives for holding a position overnight. The Swap Fee is calculated based on the differential interest rates of the traded currencies.

In Conclusion

Forex Trading’s popularity in Syria has experienced a notable rise. However, Syria does not explicitly regulate Forex trading. Moreover, being predominantly Muslim, Syrians must conduct Forex Trading through an International Broker that offers an Islamic Account option.

	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

While reviewing the Best Forex Brokers that accept Syrian Traders, we found 10 excellent options. Each broker has its list of Benefits, ranging from Islamic, Swap-Free account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

You might also like:

• XTB Review
• FxPro Review
• Admirals Review
• FXTM Review
• IC Markets Review

Frequently Asked Questions

Is Forex Trading Legal in Syria?

Forex Trading is Legal in Syria.

Is Forex Trading regulated in Syria?

Forex trading is not explicitly regulated in Syria.

Is the Financial Market in Syria regulated?

The Syrian Commission on Financial Markets And Securities (SCFMS) govern the local financial markets.

What is XTB’s minimum deposit?

No Minimum deposit is required.

Does FxPro offer a demo account?

FxPro provides a free trial account with virtual funds.

What platforms does Admirals offer?

MetaTrader 4 and MetaTrader 5

Is FXTM a safe broker?

Numerous respectable financial regulators regulate FXTM

Does IC Markets offer leverage?

IC Markets provides various leverage choices, from 1:1 to 1:500.

How many Financial Instruments does XM Offer?

1,000+ financial instruments across multiple asset classes.

Where is HFM based?

HF Markets is based in Cyprus.

What is RoboForex’s minimum deposit?

RoboForex’s minimum deposit is 10 USD.

Is FBS customer support available?

FBS provides 24/7 multilingual customer support.

Does Tickmill offer educational resources?

Tickmill provides a wealth of instructional tools, including webinars, video lessons, and market analysis.