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10 Best Forex Brokers in Uzbekistan

Last Update: April 30th, 2024

Forex Brokers Uzbekistan


The 10 Best Forex Brokers in Uzbekistan – Rated and Reviewed. We have listed the top-rated Forex Brokers accepting Uzbekistani Traders.


In this in-depth guide, you will learn:


  • The Best Forex Brokers in Uzbekistan – a List
  • The Best MT4/MT5 Forex Brokers for Beginners
  • Which Brokers are Open Now for trade in Uzbekistan?
  • Top Rated Uzbekistani Forex Brokers for Foreigners


and much, MUCH more!


10 Best Forex Brokers in Uzbekistan


10 Best Forex Brokers in Uzbekistan – a Comparison


🔎 Broker🚀Open an Account🤝 Accepts Uzbekistani Traders💶 Min.Deposit (UZS)
🥇 XTB👉 Click Here✅YesNone
🥈 XM👉 Click Here✅Yes63163,50 UZS
🥉 HF Markets👉 Click Here✅YesNone
🏅 Exness👉 Click Here✅Yes126327,00 UZS
🎖️ AvaTrade👉 Click Here✅Yes1263270,00 UZS
🥇 RoboForex👉 Click Here✅Yes126327,00 UZS
🥈 FBS👉 Click Here✅Yes1263270,00 UZS
🥉 Pepperstone👉 Click Here✅Yes1650677,01 UZS
🏅 HYCM👉 Click Here✅Yes252654,00 UZS
🎖️ easyMarkets👉 Click Here✅Yes315817,50 UZS


10 Best Forex Brokers in Uzbekistan (2024)


  1. ☑️ XTB – Overall, the Best Forex Broker in Uzbekistan
  2. ☑️ XM – Excellent all-round offering
  3. ☑️ HF Markets – Great Research and Education
  4. ☑️ Exness – Competitive trading fees.
  5. ☑️ AvaTrade – Choice of Fixed or Floating Spreads
  6. ☑️ RoboForex – Multiple Bonus and Promotional Offers
  7. ☑️ FBS – Best Forex Broker for Foreigners
  8. ☑️ Pepperstone – Best MetaTrader 5 and cTrader Broker
  9. ☑️ HYCM – The Best MetaTrader 4 Broker
  10. ☑️ EasyMarkets – Best for Copy Trading


XTB Review



XTB is a renowned Forex and CFDs Broker. Six Tier-1 entities regulate it. Accounts offered are Standard and Swap-Free. Notable features of the Islamic Account include:


  • 1,500 markets including Forex, Crypto, Indices, Commodities, and ETFs
  • Leverage up to 200:1
  • MetaTrader 4 and xStation Trading Platforms
  • Cashback Offers


The Swap-Free account is free of any special fees and interest.


🔍 Broker🥇 XTB
💵 Minimum Deposit0 USD
5️⃣ Ease of use Rating5/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here




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 the proprietary xStation 5 platform, multilingual customer support, and, cutting-edge network security measures.


XM Review



XM is a standout Forex and CFDs Broker that offers access to currency pairs and excellent customer support. Accounts offered are Micro Account, Standard Account, XM Ultra-Low Account, and Shares Account.

Moreover, an Islamic Option is available. Benefits of the XM Swap-Free account include:


  • Leverage up to 1000:1
  • 100% real-time market execution
  • 24/5 dedicated support
  • No spread widening


Free and instant access to all trading platforms is offered.


🔎 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




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 multiple promotions, a selection of bonus offers, and, free VPS services.


HFM Review


HF Markets

HF Markets is a powerful Forex and CFDs Broker that offers access to Negative Balance Protection and a wide range of account types. Account types available include Cent, Zero, Pro, Premium, and, Islamic.

Notable features of the HFM Islamic Account include:


  • No Fees on overnight trades
  • Offered to all Traders
  • Leverage of up to 1:2000


The Swap-Free option is available on all HFM Accounts.


🔎 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 Bonus offers, Mobile Trading, and, trusted customer support.


Exness Review



Exness is a trustworthy and highly regulated Forex Broker that offers a diverse portfolio of financial assets and trusted customer support. Accounts available are Standard, Standard Cent, Raw Spread, Zero, Pro, Demo, and, Islamic.

The minimum deposit is 10 USD.


🔎 Broker🥇 Exness
💴 Minimum Deposit10 USD
📈 SpreadsFrom 0.0 pips EUR
📉 LeverageUnlimited
🪙 Currency Pairs100+
🤝 Affiliate Program✅Yes
🚀 Open an Account
👉 Click Here




Pros and Cons


✅ Pros❌ Cons
Flexible trading accountsDemo account is only valid for 21 days
Well-regulated + Comprehensive fund protectionLimited product portfolio
Powerful trading platformsCountry Restrictions


Our Insights

The benefits of trading with Exness include Unlimited Leverage, Spreads from 0.0 Pips, and, multiple accounts.


AvaTrade Review New



AvaTrade is a Massive Forex and CFDs broker with an established global presence. Accounts offered are Retail, Islamic, and, Professional.  The AvaTrade Swap-Free account does not charge daily swaps.

However,  Positions open for longer than 5 days will incur the fee. The minimum deposit is 100 USD.


🔎 Broker🥇 AvaTrade
💴 Minimum Deposit100 USD
🖱️ Account TypesRetail, Islamic, Professional
🪙 Base CurrenciesZAR, USD, GBP, AUD
5️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes, referral bonus
⏰ Support Hours24/5
💵 Currency Pairs51; Major, Minor, Exotic Pairs
🤝 Affiliate Program✅ Yes
🚀 Open an Account
👉 Click Here


AvaTrade Overview


Pros and Cons


✅ Pros❌ Cons
Over 1,260 instrumentsInactivity fees on dormant accounts
Fixed spreads from 0.6 pips on the Pro AccountThe demo account is available for 21 days
Islamic AccountDeposit and withdrawal options are limited
There is a free demo account availableLeverage is capped at 1:30 for retail accounts


Our Insights

The Benefits of trading with AvaTrade Tight spreads and access to multiple financial instruments, including Forex, CFDs, Options, and Spread Betting.


RoboForex Review



RoboForex is a reputable Forex and CFDs Broker that provides access to various trading products, account types, and trading platforms. Account available are Prime, ECN, R StocksTrader, ProCent, and, Pro.

Moreover, an Islamic, Swap-Free option is offered. The Swap-Free option is available on the MetaTrader 4 Platform. 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




Pros and Cons


✔️ Pros❌ Cons
RoboForex offers a comprehensive curriculum covering important trading topics, catering to both new and experienced tradersRoboForex does not have any Tier-2 or 3 regulation
RoboForex provides over 12,000 trading productsThere are limited payment methods for deposits and withdrawals
Deposits are free with RoboForex, and there are flexible payment methods availableSeveral non-trading fees apply


Our Insights

Benefits of trading with RoboForex include Multilingual Customer Support, Low Spreads, and, a Welcome Bonus.


FBS Review



FBS is a well-regulated Forex Broker that caters to all levels of Traders. Accounts available are Standard, Cent,  Demo, and,  Islamic. The Swap-Free option is available on the Standard Account with MetaTrader 5 integration.

The minimum deposit is €100 (or equivalent in $).


🔎 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




Pros and 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 multiple platform options, cent accounts, and, multilingual customer support.


Pepperstone Review



Pepperstone is a well-established and trusted Fore and CFDs Broker that offers access to competitive spreads and an extensive portfolio. Accounts offered are Standard and Razor. Moreover, a Swap-Free option is available.

Scalping, Heding, and EAs are allowed on the Islamic Account. The minimum deposit is AUD$200 or the currency equivalent.


🔎 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




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 impressive trading platforms. Multilingual Customer support, and, an affiliate program.


HYCM Review



HYCM is a well-established Forex and CFDs Broker with 40 years of experience in the financial market. Accounts offered are Fixed, Classic, and, Raw. Moreover, an Islamic Account is available.

The minimum deposit is 20 USD.


🔎 Broker🥇 HYCM
📈 Regulation and LicensesFCA, CySEC, CIMA, DFSA
📉 Ease of Use4/5
📊 Support Hours24/5
💹 Trading PlatformsMetaTrader 4, MetaTrader 5, HYCM trader
📌 Account TypesFixed, Classic, Raw
💰 Base CurrenciesUSD, EUR, GBP, AED, JPY
🅰️ SpreadsFrom 0.1 pips
🅱️ LeverageUp to 1:500
🚀Open an AccountOpen Account




Pros and Cons


✅ Pros❌ Cons
Regulated by respectable agenciesCharges inactivity fees
Good range of instructional resourcesResearch services can appear basic
Narrow spreads on main Forex pairingsNeither copy nor social trading is currently accessible


Our Insights

The benefits of trading with HYCM include fund security, a Low minimum deposit, and, impressive customer support.


easyMarkets Review



easyMarkets is a well-established Forex and CFDs Broker that provides excellent trading conditions, and, highly rated customer support. Seven Accounts are offered, including an Islamic Account.

The minimum deposit is 25 USD.


🔎 Broker🥇 easyMarkets
📈 Regulation and LicensesBVI FSC, CySEC, ASIC, FSA
📉 Ease of Use5/5
⏰ Support Hours24/5
📊 Trading PlatformsTradingView, MetaTrader 4, MetaTrader 5, easyMarkets
💹 SpreadsFrom 0.5 pips
📌 Leverage1:2000
💸 Currency Pairs45; major, minor, exotic pairs
💳 Minimum Deposit25 USD
🚫 Inactivity FeeNone
✅ Affiliate Program✅Yes
✔️ Scalping✅Yes
📍 Hedging✅Yes
🚀Open an Account👉 Click Here


easyMarkets Review


Pros and Cons


✅ Pros❌ Cons
Fixed spreadsHigh spreads compared to other brokers.
Bonus OffersNo cent account


Our Insights

The Benefits of trading with easyMarkets include multiple account types, TradingView integration, and multilingual customer support.


Forex in Uzbekistan


Is Forex Trading Legal in Central Asia?

Forex Trading is Legal in multiple countries across Central Asia. However, regulations and restrictions that need to be followed vary per country.


Is Forex Trading Legal in Central Asia?


Is Forex Trading Legal in Uzbekistan?

Forex Trading is legal in Uzbekistan. Moreover, Foreign investors are guaranteed the transfer of funds in foreign currency into and out of Uzbekistan without limitation


Is Forex Trading Legal in Uzbekistan?


Can Muslims trade Forex in Uzbekistan?

With over 94% of the country’s population being Islam, Forex in Uzbekistan can be traded via an Islamic Account. Other religions in the country who wish to engage in Forex, are free to select a Standard Forex Trading Account.


Muslim in Uzbekistan


Swap-Free vs Standard Accounts in Forex


A standard account is the most common account type Forex Trading. It best suits traders with a moderate to high level of capital and experience level. Typically features of Standard Account include:


  • a minimum lot size requirement of 100,000 units of the base currency
  • competitive leverage ratios
  • tight spreads


On the other hand, an Islamic, or Swap-Free Account caters specifically to Muslim Traders. In lamens terms – overnight swaps or rollover interest charges are waived to comply with Sharia law.


Swap-Free vs Standard Accounts in Forex


In Conclusion

The popularity of Forex Trading in Uzbekistan has seen a notable rise. Moreover, multiple Internationally regulated Forex Brokers accept Uzbekistani 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 ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit 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

In the process of reviewing the Best Forex Brokers that accept Uzbekistani Traders, we found 10 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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Frequently Asked Questions


Is Forex Trading Legal in Uzbekistan?

Forex Trading in Uzbekistan is legal.


Is Forex Trading regulated in Uzbekistan?

Forex Trading in Uzbekistan is governed by the Central Bank.


What is XTB’s minimum deposit?

No minimum deposit is required.


Does XM offer different account types?

XM provides Micro, Standard, Ultra-Low, and Share accounts.


What are the fees for using HFM?

Fees vary depending on your account type and the instruments you choose.


Where is Exness based?

Exness is based in Cyprus with offices in the United Kingdom, South Africa, Nairobi, Curaçao, and the Seychelles.


Does AvaTrade offer copy trading?

AvaTrade provides ZuluTrade and DupliTrade.


What is RoboForex’s minimum deposit?

The minimum deposit is 10 USD.


Is FBS customer support available 24/7?

FBS provides 24/7 multilingual customer assistance.


What platforms does Pepperstone offer?

Pepperstone offers MetaTrader 4 and 5, cTrader, Capatalise.ai, and TradingView.


What can I trade with HYCM?

HYCM offers traders a wide selection of trading instruments, including forex, commodities, indices, stocks, and some cryptocurrency CFDs. 


Does easyMarkets offer Islamic accounts?

easyMarkets offers Sharia-compliant Islamic accounts without rolling fees for overnight holdings.