The 10 Best Forex Brokers in Ghana – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Ghana.
In this in-depth guide, you will learn:
and much, MUCH more!
10 Best Forex Brokers in Ghana – a Comparison
10 Best Forex Brokers in Ghana (2024)
- ☑️ AvaTrade – Overall, the Best Forex Broker in Ghana
- ☑️ Exness – The Best Overall Trading Experience
- ☑️ Saxo – High User Trust Score
- ☑️ HF Markets – The Best Forex Broker for Beginners
- ☑️ FxPro – The Best MT4 and MT5 Forex Broker
- ☑️ CMC Markets – Best Online Trading Experience
- ☑️ FXCM – Low GHS Minimum Deposit Forex Broker
- ☑️ FXTM – Best Broker with a Micro Account
- ☑️ Pepperstone – Best Broker with a Referal Bonus
- ☑️ Plus500 – Ideal Forex Broker for Experienced Traders
AvaTrade
AvaTrade is amongst Africa’s highest regulated, trusted Forex and CFD Brokers. License and Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and, the JFSA. Accounts available include:
- Retail Account – Best Suited to Beginner and Casual Traders
- Professional Account – Best Suited to Established Traders
- Islamic Account – Specifically created for Muslim Traders
In addition, a Demo Account is available. Supported Trading Platforms include AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade. Notable features include:
- Copy and Social Trading
- 24/5 Multilingual Customer Support
- Multiple Base Currencies, including ZAR and AUD
- Spreads from 0.6 Pips
- Leverage of up to 1:400 on the Pro Account
Trading instruments and Products include Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, and, CFDs.
Pros and Cons
Our Insights
The benefits of trading with AvaTrade include a full Forex and CFD trading experience for beginner and expert traders.
Exness
Exness is a highly regulated and trusted Brokerage. License and Regulations include FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, and, the CMA. Accounts available are:
- Standard Account – Suitable for All Traders
- Standard Cent Account – Ideal for Novice Traders
- Raw Spread Account – Suited to Traders interested in Low-Spread pricing
- Zero Account – 0% Spread Costs on key currency pairings
- Pro Account – Suitable for Experienced Traders
In addition, Demo and Islamic, Swap-Free Trading are supported. Trading Platforms available are MetaTrader 4, MetaTrader 5, and, Exness Terminal. Additionally, an Exness Mobile App is available. Notable factors include:
- 24/7 Dedicated Customer Support
- Spreads from 0.0 Pips
- Unlimited Leverage
- Access to Over 100 Currency Pairs
- A Low 10 USD Minimum Deposit
Trading instruments and Products include Forex, Commodities, Stocks, Indices, and, Cryptocurrencies.
Pros and Cons
Our Insights
The benefits of trading with Exness include access to low spreads and leverage, a comprehensive array of financial assets, and, a strong commitment to regulatory compliance.
SAXO
SAXO, or, SAXO Bank is amongst the highest regulated Forex, CFD, and, Global Finacial Service Providers. It is licensed and regulated by 14 Tier-1 Entities. Account options available are:
- Classic Account – Best Suited to Beginners and Casual Traders
- Platinum Account – Ideal for Experienced and Professional Traders
- VIP- Exclusive Access to Professional and Institutional Traders
Supported Trading Platforms include SaxoTraderGO and SaxoTraderPro. In addition, Notable Factors and Features include:
- 18 Base Currencies
- No Inactivity Fee is Charged
- 24/5 Customer Support
- Spreads from 0.4 Pips
- Leverage of up to 1:30
- Access to over 180 Currency Pairs
Trading instruments and Products include Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, and, mutual funds.
Pros and Cons
Our Insights
The benefits of trading with SAXO include access to over 71,000 financial instruments across various asset classes.
HF Markets
HFM or HF Markets, previously known as Hotforex, is a popular and trusted Forex Brokerage. Regulations include the FSCA, CySEC, DFSA, FSA, FCA, FSC, and, CMA. Accounts available are:
- Cent Account – Ideal for Beginners
- Premium Account – Best Suited to Experienced Traders
- Zero Account – Suitable for Scalpers
- Pro Account – Available to Professional and Institutional Traders
Moreover, Islamic, Swap-Free, and Demo Trading are available. Supported Trading Platforms include MT4 and MT5. Additionally, a Proprietary HFM Mobile App is available. Notable Factors and Features include:
- Multiple Base Currencies, including ZAR and JPY
- Spreads from 0.0 Pips
- Leverage of up to 1:2000
- Occassional Bonus Offers and Promotions
Trading instruments and Products include Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, and, ETFs.
Pros and Cons
Our Insights
The Benefits of trading with HF Markets include a highly regulated trading environment and the segregation of client funds.
FxPro
FxPro is a highly regulated and popular Forex Service provider. Regulations by renowned and trusted agencies include the FCA, CySEC, SCB, FSCA, and, the FSC. Account options offered include:
- Standard Account – Best Suited to Beginners and Casual Traders
- Pro Account – Ideal for Professional Traders
- Raw+ Account – Suited to Active Traders
- ECN Account – Ideal for Scalpers, Day Traders, and, Algorithmic Investors
In addition, a Demo Account is available. Trading Platforms supported are MetaTrader 4, MetaTrader 5, and, cTrader. Moreover, a Proprietary Mobile App is available. Notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including ZAR and USD
- Spreads from 0.0 Pips
- Access to Over 70 Currency Pairs
Trading instruments and Products include Forex, futures, indices, shares, metals, energies, and, crypto CFDs.
Pros and Cons
Our Insights
The benefits of trading with FxPro include access to competitive spreads and innovative trading tools.
CMC Markets
CMC Markets is a trusted Forex and CFD Broker with a High User Trust Score. Regulations include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Account options include:
- CFD Account – Available in all Jurisdictions
- Spread Betting Account – Available in the United Kingdom
- Corporate Account – Available to Institutional Traders
Moreover, a Demo Account is available. Supported Trading Platforms include MetaTrader 4 and Next Generation. Additionally, a Proprietary Mobile App is available. Notable Factors include:
- Multiple Base Currencies, including NZD and SEK
- Access to over 300 Currency Pairs
- Multilingual Customer Support, including French and German
- Spreads from 0.3 Pips
Trading instruments and Products include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs.
Pros and Cons
Our Insights
The benefits of trading with CMC Markets include access to educational resources and trusted customer support.
FXCM
FXCM is a globally recognized Forex and CFD Broker. Regulations by renowned and trusted agencies include the FCA, ASIC, CySEC, and, the FSCA. Accounts options available are:
- CFD Account – Available to All Traders
- Demo Account – Available to All Traders
Supported Trading Platforms include Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade. Moreover, a proprietary mobile app is available for download. Notable factors and features include:
- A Rebates Program
- Spreads from 0.2 Pips
- Leverage of up to 1:400 (Depending on Region)
- Multilingual Customer Support
Trading instruments and Products include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets.
Pros and Cons
Our Insights
The Benefits of trading with FXCM include access to trading tools, educational resources, and, friendly customer support.
FXTM
FXTM is a trustworthy and highly regulated Forex and CFD Broker. License and Regulations include CySEC, FSCA, FCA, CMA, and, the FSC Mauritius. Account Options available are:
- Micro Account – Best Suited to Beginners
- Advantage Account – Ideal for Casual Traders
- Advantage Plus Account – Suited to Day Traders, Scalpers, and, Algorithmic traders
In addition, an Islamic, Swap-Free Account and Demo Options are available. Supported Trading Platforms include MT4 and MT5. Additionally, a Proprietary Mobile App is available for Download. Notable factors include:
- Spreads from 0.0 Pips
- Leverage of up to 1:2000
- Access to over 60 Currency Pairs
- Low 10 USD minimum Deposit
Trading instruments and Products include Forex, Forex Indices, Spot Metals, Spot Commodities, Spot Indices, Stock Baskets, and, Crypto CFDs.
Pros and Cons
Our Insights
The Benefits of Trading with FXTM include access to a wide range of trading assets and user-friendly platforms.
Pepperstone
Pepperstone is a trustworthy and highly regulated Forex and CFD Broker. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Account Options include:
- Standard Account – Suitable to all Traders of all Skill Levels
- Razor Account – Best Suited to Scalpers, Day Traders, and, Automatic Traders
Moreover, Islamic and Demo Trading are supported. The minimum deposit is AU$ 200. Supported Trading Platforms include TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Notable Factors and Features include:
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- 24/7 Customer Support
- USD and GBP Base Currencies
- Access to over 70 Currency Pairs
- TradingView Integration
Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs.
Pros and Cons
Our Insights
The benefits of trading with Pepperstone include access to responsive, user-friendly, and, dedicated Customer Support.
Plus500
Plus500 is a globally recognized, well-established, highly regulated Forex, CFD, and, Financial Services provider recognized. Regulations include ASIC, FSCA, FCA, CySEC, FSA Seychelles, and, MAS. Live (Standard), Professional, and Islamic, Swap-Free accounts are available. Moreover, a Demo Account is offered. Notable Factors include:
- 24/7 Multilingual Customer Support
- USD and EUR Base Currencies
- Leverage of up to 1:300
- Spreads from 0.8 Pips
Trading Platforms supported are Proprietary. Trading instruments and Products include Cryptocurrencies, Forex, indices, commodities, shares, options, and, ETFs.
Pros and Cons
Our Insights
The Benefits of selecting Plus500 include commission-free trading. The Brokers operate on a Spread-only basis.
Is Forex Trading Legal in Ghana?
Forex Trading Ghana is Legal and available without restriction. Moreover, it is governed by the country’s Central Bank.
In Conclusion
Forex Trading in Ghana has seen a notable rise in popularity in recent years. Moreover, it is well-governed by the country’s Central Bank. In addition, International Forex Brokers accept Ghanaian Traders.
Our Insights
While reviewing the Best Forex Brokers that accept Ghanaian 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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