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6 Best Forex Brokers in Nauru

Edited by: Louis Schoeman

Forex Brokers Nauru

 

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

 

In this in-depth guide you will learn:

 

  • The Best Forex Brokers in Nauru – a List
  • Is Forex Trading Legal in Nauru?
  • The Best Forex Brokers for Beginners and Foreigners
  • Low AU$ Minimum Deposit Forex Brokers
  • Leading MT4 and MT5 Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in Nauru

 

6 Best Forex Brokers in Nauru – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💴 Min. Deposit
🥇 Trade Nation👉 Click Here✅YesNone
🥈 Pepperstone👉 Click Here ✅YesAU$ 200
🥉 Tickmill👉 Click Here✅YesAU$ 150,19
🏅 FP Markets👉 Click Here ✅YesAU$ 100
🎖️ IC Markets👉 Click Here✅YesAU$ 300,38
🏆 IG👉 Click Here✅YesAU$ 75,09

 

6 Best Forex Brokers in Nauru (2024)

 

  1. ☑️ Trade Nation – Overall, the Best Forex Broker in Nauru
  2. ☑️ Pepperstone – High User Trust Score
  3. ☑️ Tickmill – Best Mobile Trading Experience
  4. ☑️ FP Markets – Best Online Trading Experience
  5. ☑️ IC Markets – The Best MT4 and MT5 Forex Broker
  6. ☑️ IG – Low AU$ Minimum Deposit

 

Trade Nation Review

 

Trade Nation

Trade Nation is a well-regarded Forex and CFD Broker with a trust score of 90 out of 99. License and Regulations include the FCA, ASIC, FSCA, SCB, and, the FSA. Accounts available include:

 

  • Low Leverage Account: Available to EU, UK, and Australian Traders
  • High Leverage Account: Available to Bahama and South African Traders

 

Trading Platforms supported include MetaTrader 4 and a Proprietary Trading Platform. Several trusted deposit options are accepted, including Credit Cards, Debit Cards, and, Bank Wire Transfers. Notable Factors and Features include:

 

  • 24/5 Multilingual Customer Support
  • Spreads from 0.3 Pips EUR/USD
  • Leverage of up to 1:30 FCA and ASIC
  • Leverage of up to 1:200 FSCA and SCB
  • No Minimum deposit is required

 

Trading Instruments and Products include Forex pairings, indices, and commodities.

 

🔍 Broker🥇Trade Nation
💵 Minimum Deposit0 USD
4️⃣ Ease of use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

Trade Nation Overview

 

Pros and Cons

 

✅ Pros❌ Cons
TradeStation has low intraday margins of 10%There is a deep learning curve for beginner traders
Commissions start from $0.50 on Micro E-Mini FuturesInactivity fees are charged
TradeStation offers several trading options on futuresThere are limits to fundamental research
Traders can access TradeStation matrix for order entriesSubscription costs apply

 

Our Insights

The benefits of trading with Trade Nation include impressive educational resources, including Articles, Tutorials, and, Trading Guides.

 

Pepperstone

 

Pepperstone

Pepperstone is a highly trusted and regulated Forex and CFD Service Provider. Regulations by acclaimed and trusted agencies include the SCB, FCA, ASIC, BaFin, CMA, CySEC, and, the DFSA. Account Options include:

 

  • Standard Account: Suitable to All Traders
  • Razor Account: Best Suited to Scalpers, Day Traders, and Automatic Traders

 

Moreover, Islamic, Swap-Free, and Demo Account Options are available. Supported Trading Platforms include TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Notable Factors and Features include:

 

  • United States Dollar and Great British Pound Base Currencies
  • Leverage of up to 1:500 on the Pro and 1:200 on the Retail Account
  • Access to over 70 Currency Pairs
  • No Inactivity Fee is Charged
  • Multilingual Customer Support

 

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
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include a Fast, Secure Account Setup and several impressive security measures.

 

Tickmill Review

 

Tickmill

Tickmill is a well-established and highly regulated Forex and CFD Brokerage. License and Regulations include the FCA, CySEC, Labuan FSA, FSCA, and, the Seychelles FSA. Accounts options include:

 

  • Pro Account: Best Suited to Professional Traders.
  • Classic Account: Best Suited to Beginners, Casual Traders, and, Retail Traders.
  • VIP Account: Best Suited to Day Traders and Scalpers.

 

Moreover, an Islamic Account and Demo Trading Option is available. Trading Platforms supported include MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available for Download. Notable Factors and Features include:

 

  • Bonus Offers, Trader Contests, and, Promotions
  • 24/5 Customer Support
  • USD, EUR, GBP, and, PLN Base Currencies
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs
  • No Inactivity Fee is Charged

 

Trading Instruments and Products Include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs.

 

🔎 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 Overview

 

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 several trusted Deposit Options, including Credit and Debit Cards, Skrill, and, Neteller. Moreover, Withdrawals are Prompt and Secure.

 

FP Markets

 

FP Markets

FP Markets is a well-established, trusted, and highly regulated Forex and CFD Broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Account Options include:

 

  • Standard Account – Suited to Beginners and Casual Traders
  • Raw Account – Ideal for Scalpers and Algorithmic Traders
  • Islamic Account – Swap-Free Option for Beginners and Casual Traders
  • Islamic Raw Account – Swap-Free Option for Scalpers and Algorithmic Traders

 

In addition, a Demo account is available. Trading Platforms supported are MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. Moreover, a Proprietary Mobile App is available. Notable Factors and Features include:

 

  • Multiple Base Currencies, including AUD, CAD, and, GBP
  • No Inactivity Fee is Charged
  • 24/7 Dedicated Customer Support
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500

 

Deposit Options accepted include FasaPay, Skrill, Neteller, Bank Transfers, and, PerfectMoney. Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.

 

🔎 Broker🥇 FP Markets
💴 Minimum DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets Overview

 

Pros and Cons

 

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight Spreads Withdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The benefits of trading with FP Markets include multiple trading platforms, tight spreads, and, Low Forex Fees.

 

IC Markets Review

 

IC Markets

IC Markets is a renowned online retail forex and CFD broker. Moreover, it has a trust score of 94 out of 99. License and Regulations include ASIC, CySEC, FSA, and, the SCB. Account Options include:

 

  • cTrader Account  – Suited to All Traders using the cTrader Platform.
  • Raw Spread Account – Best Suited to Scalpers, Day Traders, and, Active Traders.
  • Standard Account – Ideal for Beginners and Casual Traders.

 

Moreover, Islamic and Demo Trading is supported. Trading Platforms supported are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. In addition, Copy and Social Trading are available. Notable Factors include:

 

  • 24/7 Multilingual Customer Support
  • Several Base Currencies, including AUD and SGD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs

 

Funding Options include Neteller, Skrill, Bank Wire Transfers, and, UnionPay. Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

 

🔎 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

Broker Benefits of selecting IC Markets include access to a Comprehensive Education and Research Selection.

 

IG Review

 

IG

IG is amongst the highest regulated and trusted Global Brokerage Firms. License and Regulations include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, the BMA. Accounts available are:

 

  • CFD/DMA Trading Account – Available in All Regions
  • Limited Risk Trading Account – Available in the EU
  • Options Trading Account – Available in the EU
  • Turbo24 Trading Account – Available in the EU
  • Share Dealing Account – Available in Australia
  • Spread Betting Account – Available in the United Kingdom
  • Swap-Free Trading Account – Available in Dubai

 

Supported Trading Platforms are MetaTrader 4, ProRealTime (PRT), L2 Dealer, and, FIX API. In addition, a Proprietary Mobile App is available for Download. Notable features include:

 

  • Spreads from 0.1 Pips
  • 24/7 Dedicated Customer Support
  • Access to over 8- Currency Pairs
  • Access to an Affiliate Program

 

Trading instruments and Products include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest rates.

 

🔎 Broker🥇 IG
📌 Year Founded1974
👤 Amount of Staff2,000+
👥 Amount of Active Traders300,000+
📍 Publicly Traded✅Yes
🛡️RegulationFCA,
ASIC,
CFTC,
NFA,
BaFin
🌎 Country of RegulationUK,
Australia,
US,
Germany
↪️ Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
⭐ Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💴 Minor Account CurrenciesUSD, EUR, GBP
💶 Minimum Deposit$250
⏰ Average
Deposit/Withdrawal
Processing Time
1-3 business days
💷 Fund Withdrawal FeeNone
📈 Spreads from0.6 pips
📉 CommissionsNone
💰 Number of Base Currencies Supported5
📊 Swap FeesApplicable
⚙️ LeverageUp to 1:30 (Retail)
🔖 Margin RequirementsVaries by asset
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
⏲️ Order Execution Time0.1 seconds
🖱️ VPS Hosting✅Yes
✔️CFDs Total17,000+
📌 CFD Stock Indices80+
🍎 CFD Commodities30+
📍 CFD Shares12,000+
💴 Deposit OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
💶 Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
🖥️ Trading PlatformsMetaTrader 4,
ProRealTime,
L2 Dealer,
IG Trading Platform
💻 OS CompatibilityWindows,
MacOS,
Android,
iOS
📐 Forex Trading ToolsEconomic calendar,
Autochartist,
Trading signals
🥰 Live Chat Availability✅Yes
💌 Customer Support Email✅Yes
☎️ Customer Support Contact Number✅Yes
💙 Social Media PlatformsFacebook, Twitter, LinkedIn
✏️ Languages SupportedMultiple languages
📔 Forex Course✅Yes
📚 Webinars✅Yes
📒 Educational ResourcesArticles,
Videos,
Tutorials
📑 Affiliate Program✅Yes
🗃️ Amount of PartnersNot specified
🗄️ IB Program✅Yes
📇 Notable Events or Teams✅Yes
🪙 Rebate Program✅Yes
💴 Cent or Micro AccountsNone
🚀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 a unique web-based platform, mobile apps, and compatibility with MetaTrader 4 (MT4).

 

Forex Trading in Nauru

 

Is Forex Trading Legal in Nauru?

Forex Trading in Nauru is Legal and available without restrictions. Moreover, Nauru caters to varying levels of Brokerage actions by offering different categories of permits.

 

Is Forex Trading Legal in Nauru?

 

In Conclusion

The Popularity of Forex Trading in Nauru has spiked in recent years. Moreover, the country caters to varying levels of Brokerage actions. In addition, multiple International Forex Brokers accept local traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFSC, FSA, VFSCUSD 10Visit 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 Nauru, 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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Faq

Forex Trading in Nauru is Legal and available without restrictions. Moreover, Nauru caters to varying levels of Brokerage actions by offering different categories of permits.

24/5 Customer Support is available.

Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.

Tickmill supports Scalping and Hedging.

The FP Markets minimum deposit is AU$ 100.

Over 60 Currency Pairs, including Major, Minor, and, Exotic Pairs.

Deposit Options accepted include PayPal, Credit Cards, Debit Cards, and, Bank Wire Transfers.

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