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10 Best Forex Brokers in Syria

Last Update: June 26th, 2024

Forex Brokers Syria

 

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:

and much, MUCH more!

 

10 Best Forex Brokers in Syria

 

10 Best Forex Brokers in Syria – a Comparison

🔎 Broker🚀Open an Account🤝 Accepts Syrian Traders💶 Min. Deposit
🥇 XTB👉 Click Here✅YesNone
🥈 FxPro👉 Click Here✅Yes100 USD
🥉 Admirals👉 Click Here✅Yes25 USD
🏅 FXTM👉 Click Here✅Yes10 USD
🎖️ IC Markets👉 Click Here✅Yes200 USD
🥇 XM👉 Click Here✅Yes5 USD
🥈 HF Markets👉 Click Here✅YesNone
🥉 RoboForex👉 Click Here✅Yes10 USD
🏅 FBS👉 Click Here✅Yes5 USD
🎖️ Tickmill 👉 Click Here✅Yes100 USD

 

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 Review

 

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.
🔍 Broker🥇 XTB
💵 Minimum Deposit0 USD
5️⃣ Ease of use Rating 5/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

XTB Islamic Account

 

Pros and Cons

✅ Pros❌ Cons
Islamic AccountInactivity fee
Free Deposit and WithdrawalHigh conversion fee

 

Our Insights

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

 

FxPro Review

 

FxPro

FxPro is an established Forex and CFD 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.

🔎 Broker🥇 FxPro
💴 Minimum Deposit100 USD
💵 Inactivity FeeNone
💶 Fees and CommissionsSpreads from 0.0 pips, commissions from $7 per round turn on Forex
🤝 Affiliate Program✅Yes
🌎 Banned CountriesThe United States, Canada, Iran
📈 Scalping✅Yes
📉 Hedging✅Yes
5️⃣ Ease of Use Rating4/5
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

FxPro

 

Pros and Cons

✅Pros❌Cons
MetaTrader 4 and 5 Basic FXPro App
cTrader accountsCommissions on cTrader accounts

 

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 Review

 

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.

🔎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 Spreads from 0.0 pips, Low Commissions from $0.02, and Trusted customer support.

 

FXTM Review

 

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.

🔎 Broker🥇 FXTM
💴 Minimum Deposit10 USD
💵 Inactivity Fee$5 after 6 months of inactivity
🎁 BonusesReferral bonus
⏰ Support Hours24/5
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, FXTM Trader
📌 Account TypesMicro, Advantage, Advantage Plus
💷 Base CurrenciesUSD, EUR, GBP, NGN
🚀 Open an Account👉 Click Here

 

FXTM Review

 

Pros and Cons

✅ Pros ❌ Cons
Micro Account for BeginnersInactivity Fee
Dedicated customer support teamsFees apply to most withdrawal methods

 

Our Insight

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

 

IC Markets Review

 

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.

🔎 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

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 Review

 

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.

🔎 Broker🥇 XM
💴 Minimum Deposit$5 USD
🎁 Bonus Offers ✅Yes
📈 Account TypesMicro Account, Standard Account, XM Ultra-Low Account, Shares Account
⏰ Support Hours24/7
🆓 Demo Account✅Yes
🚀 Open an Account
👉 Click Here

 

XM

 

Pros and Cons

✅ Pros❌ Cons
Low Minimum depositNo social trading features available
Unlimited Demo AccountInactivity Fees

 

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.

 

HFM Review

 

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.

🔎 Broker🥇 HFM
💴 Minimum Deposit$0
📌 Regulation and LicensesFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
5️⃣ Ease of Use Rating5/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
⚙️ Trading PlatformsMT4, MT5, HFM Trading App
🚀 Open an Account
👉 Click Here

 

HFM Low Swap Fees

 

Pros and Cons

✅ Pros❌ Cons
Top-tier RegulationRegional constraints
Segregated Accounts for Client FundsInactivity fees

 

Our Insights

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

 

RoboForex Review

 

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.

🔎 Broker🥇 RoboForex
💴 Minimum Deposit10 USD
💵 Inactivity FeeNone
💶 Base CurrenciesUSD, EUR
📈 SpreadsFrom 0.0 pips
📉 Leverage1:2000
🚀 Open an Account
👉 Click Here

 

RoboForex

 

Pros and Cons

✅ Pros❌ Cons
Low Minimum DepositLimited number of currency pairs
Well-regulatedSlow execution speeds
Copy trading availableLimited cryptocurrency selection

 

Our Insights

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

 

FBS Review

 

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.

🔎 Broker🥇 FBS
💴 Minimum Deposit5 USD
💵 Inactivity FeeNone
🤝 Affiliate Program✅Yes
4️⃣ Ease of Use Rating4/5
📐 Trading InstrumentsForex, Precious Metals, Indices, Energies, Stocks, Crypto CFDs
🚀 Open an Account
👉 Click Here

 

FBS

 

Pros and Cons

✅Pros❌Cons
Minimum deposit - $5High leverage may be daunting
Leverage of up to 1:3000High leverage carries an increased risk of loss
Commission-free tradingLack of fixed spread options

 

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 Review

 

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.

🔎 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 Islamic Account

 

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 tight spreads and a low commission structure.

 

Forex Trading in Syria

 

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).

 

Is Forex Trading Legal in Syria?

 

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.

 

Can Muslims trade Forex in Syria?

 

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.

 

What is a Swap Fee in Forex? - Explained

 

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.

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 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.

 

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FAQs

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

FBS provides 24/7 multilingual customer support.

RoboForex’s minimum deposit is 10 USD.

HF Markets is based in Cyprus.

1,000+ financial instruments across multiple asset classes.

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

Numerous respectable financial regulators regulate FXTM

MetaTrader 4 and MetaTrader 5

No Minimum deposit is required.

FxPro provides a free trial account with virtual funds

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

Forex trading is not explicitly regulated in Syria.

Forex Trading is Legal in Syria.

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