10 Best Forex Brokers in Albania

Last Update: June 26th, 2024

 

The 10 Best Forex Brokers in Albania – Rated and Reviewed. We have listed the best Forex Brokers accepting traders in Albania.

 

In this in-depth guide, you will learn:

• The Best Forex Brokers in Albania – a List
• Is Forex Trading Legal and Legit in Albania?
• The Best Brokers for Foreigners and Beginners
• The Best MetaTrader 4 and MetaTrader 5 Forex Brokers
• Can I trade Stocks in Albania? – Answered

 

and much, MUCH more!

 

10 Best Forex Brokers in Albania – a Comparison

 

10 Best Forex Brokers in Albania (2024)

1. ☑️ Interactive Brokers – Overall, The Best Forex Broker in Albania
2. ☑️ Saxo – Best Forex Broker for Professionals
3. ☑️ Admirals – Best Forex Broker for Beginners
4. ☑️ IC Markets – Best MetaTrader 4 Broker
5. ☑️ FXCM – Best MetaTrader 5 Broker
6. ☑️ IG – Low ALL Minimum Deposit
7. ☑️ CMC Markets – Best Overall Offering
8. ☑️ XM – Top Online Trading Experience
9. ☑️ RoboForex – Top Mobile Trading Experience
10. ☑️ Pepperstone – Highly Regulated Forex Broker

 

Interactive Brokers

Interactive Brokers is a highly regulated Forex and CFDs Broker best suited to Advanced Traders. Moreover, it is the top choice for international trading and algorithmic trading. Nine tier-1 Regulators govern it. Accounts offered are IBKR Lite and IBKR Pro. The IBKR Lite Account is available to investors, joint, and, IRA Clients.

The IBKR Pro account is available to professional traders with high-volume transactions. No minimum deposit is required.  Trading Platforms available are, the IBKR Trader Workstation (TWS), IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, APIs, and, IBKR Impact.  The following trading instruments and products are available:

• 100+ currency pairs
• Over 150 exchanges in 33 countries
• Index futures and options
• Futures contracts for various asset types
• Various mutual funds
• Bitcoin, Ethereum, Litecoin, and Bitcoin Funds
• Precious metals such as gold and silver

Moreover, various fixed-income securities are allowed, including corporate, government, and municipal bonds. Available educational resources are Podcasts, Blogs, Webinars, and, a Traders’ Calendar. However, it must be noted that an Islamic Account is not provided. 

 

 

Pros and Cons

 

Our Insights

The benefits of trading with Interactive Brokers include cutting-edge trading technology and global accessibility.

 

Saxo Bank

Saxo Bank is a market-leading and renowned investment firm. Fourteen Tier-1 Regulators govern it. Accounts offered are Classic, Platinum, and, VIP. However, an Islamic account is not available. No minimum deposit is required.

Trading Platforms are SaxoTraderGO and SaxoTraderPro. The following trading instruments and products are available:

• 185 Forex spot pairs and 140 futures
• Over 8,800 instruments
• Approximately 23,500 equities
• Various commodities (CFDs)
• 50+ futures contracts
• 45 FX vanilla options
• Over 3,200 listed options
• 7,000+ exchange-traded funds
• Online and offline government and corporate bonds from 26 countries in 21 currencies

Moreover, the platform provides mutual funds from top providers without commissions or platform fees. 

 

 

Pros and Cons

 

Our Insights

The benefits of trading with Saxo Bank include a Loyalty Program and Priority Customer Support.

 

Admirals

Admirals is a highly trusted Brokerage Firm regulated by the Cyprus Securities and Exchange Commission. Moreover, it provides market-leading trading terms. Accounts offered are:

• TradeMT4, Zero.MT4
• Trade.MT5, Zero.MT5, Invest.MT5, Bets.MT5

The minimum deposit is 25 USD. Trading Platforms available are MetaTrader 4, MetaTrader 5, and, a Proprietary trading app. The following trading instruments and products are available:

• 80+ currency pairings
• 42+ cryptocurrencies
• 29+ commodities
• 40+ indices are accessible for trading.
• Over 4,500 equities
• More than 400 ETFs

Additionally, Admirals offer trading on two bond CFDs. Deposit and Withdrawal options offered include Bank Wire Transfers, Crypto Wallets, and, eWallets.

 

 

Pros and Cons

 

Our Insights

The Benefits of trading with Admirals include excellent investor education and advanced MetaTrader features.

 

IC Markets

IC Markets is a trusted, highly-regulated Forex and CFDs Broker with an extensive range of financial instruments. ASIC, CySEC, FSA, and, the SCB regulate it. Accounts offered are cTrader, Raw Spread, and, Standard. Moreover, IC Markets Global has Islamic/swap-free accounts.

Trading Platforms offered are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and,  ZuluTrade. The following trading instruments and products are available:

• 64 currency pairings for trading
• 22 commodities
• 25 indices
• 11 distinct bond instruments
• 18 cryptocurrency alternatives
• 1,600 stocks

For individuals interested in derivatives, IC Markets provides four futures contracts. Deposit and Withdrawal options include Paypal, Neteller, and, UnionPay.

 

 

Pros and Cons

 

Our Insights

The benefits of trading with IC Markets include its suitability for new and experienced traders. Moreover, registering an account is easy and fast.

 

 

FXCM

FXCM is a trustworthy and well-regarded Forex and CFDs Broker. Moreover, the Broker has a global presence including Cyprus and Canada. The FCA, ASIC, CySEC, and, the FSCA regulate it. A single CFD account is offered, with Swap-Free and Demo capabilities.

The trading platforms provided are the FXCM Trading App, Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and ZuluTrade. Trading Station is a proprietary platform, whereas ZuluTrade provides Copy or Social Trading.

The following trading instruments and products are available:

• 45 currency pairs, including major, minor, and exotic
• Over 200 shares
• Seven Key Global Indices
• Six commodities including Gold and Oil

Moreover, five distinct cryptocurrencies are provided. Deposit and Withdrawal options include CreditPay, Skrill, and, Bank Wire Transfer.

 

 

Pros and Cons

 

Our Insights

The benefits of trading with FXCM include trading Forex, Stock Indices, Oil, Gold, and Silver from a single account.

 

 

IG

IG is a well-established Forex and CFDs Broker with a well-designed and user-friendly interface. The FCA, BaFin, CySEC, FINMA, DFSA, FSCA, and, the BMA regulate it. Accounts offered are:

• CFD/DMA Trading Account
• Limited Risk Trading Account
• Options Trading Account
• Turbo24 Trading Account
• Share Dealing Account
• Spread Betting Account
• Swap-Free Trading Account

 

Trading Platforms available are MetaTrader 4, ProRealTime (PRT), L2 Dealer, and,  FIX API. The following trading instruments and products are available:

• Eighty currency pairs
• Over 10,000 shares
• 35 commodities
• Ten cryptocurrencies, including Ripple, Bitcoin, and Ethereum
• 33 futures contracts
• Twenty options markets
• More than 6,000 ETFs
• Digital 100s

 

Moreover, six interest rate markets are available. Deposit and Withdrawal options include Bank Wire Transfers, PayPal, and, International Transfers.

 

 

Pros and Cons

 

Our Insights

The benefits of Trading with IG include excellent educational materials, trusted deposit options, and, a first-class proprietary web trading platform.

 

 

CMC Markets

CMC Markets is a well-trusted and popular Global entity. BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA regulate it. Additional safeguards include the segregation of client funds. Account offers are CFD, Spread Betting, and,  Corporate. No minimum deposit is required.

Trading Platforms available are MetaTrader 4, Next Generation, and, the CMC Markets App. The following trading instruments and products are available:

• 80+ indices
• 12 cryptocurrencies
• 9,500+ shares
• Share Baskets
• 50+ treasuries

Moreover,  10,000+ ETFs are offered.

 

 

Pros and Cons

 

Our Insights

The benefits of trading with CMC Markets include intuitive trading platforms, dedicated support, and, risk management.

 

 

XM

XM is an industry-leading Forex and CFDs Broker. The Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission Belize (IFSC) regulate it. The minimum deposit is 5 USD.

Accounts offered are Micro, Standard, Ultra-Low, and, Shares. Moreover, an Islamic and Demo Option is offered. Trading Platforms include MetaTrader 4, MetaTrader 5, and a proprietary XM Trading App. The following trading instruments and products are available:

• 31 cryptocurrencies
• 1,337 stock CFDs
• 8 commodities
• 20 equity indices
• 5 precious metals
• 8 distinct energy commodities

Furthermore, a choice of 55 currency pairs, including major, minor, and exotic currencies is provided. Deposit and withdrawal options include Skrill, Neteller, and, WebMoney.

 

 

Pros and Cons

 

Our Insights

The benefits of trading with XM include excellent educational resources and 24/7 Multilingual Customer Support.

 

 

RoboForex

RoboForex is a trustworthy and highly regulated Forex and CFDs Broker.  The Financial Services Commission (FSC) of Belize regulates it. Accounts offered are Prime, ECN, R StocksTrader, ProCent, and, Pro. Moreover, an Islamic, Swap-Free account is offered to Muslim Traders. The minimum deposit is 10 USD.

The trading platforms available are MetaTrader 4, MetaTrader 5, RMobileTrader, and, RStocksTrader. The following trading instruments and products are available:

• 40 currency pairings
• 12,000+ stocks
• global stock indexes
• 1,000+ exchange-traded funds (ETFs)
• 100+ commodities
• Precious metals
• Energy commodities

 

Furthermore, RoboForex offers trading options for 26 prominent cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Deposit and Withdrawal options include AstroPay, Skrill, Neteller, and, Sticpay.

 

 

Pros and Cons

 

Our Insights

The benefits of trading with RoboForex include a Welcome Bonus, Free Withdrawals, and a leverage of up to 1:2000.

 

 

Pepperstone

Pepperstone is a trustworthy and highly regulated Forex and CFDs Broker that provides competitive spreads on Contracts for Difference (CFDs). ASIC, BaFin, CMA, CySEC, DFSA, FCA and, the SCB regulate it. Accounts offered are Standard and Razor, with a minimum deposit of 10 USD. Moreover, an Islamic, Swap-Free Option is provided.

Trading Platforms include TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. The following trading instruments and products are available:

• 70 Forex pairs, including major, minor, and exotic currency pairings
• 17 commodities
• 28 indices
• Over 1,000 shares

Furthermore, there are 100 ETFs accessible for trading. Deposit and Withdrawal options include Visa, MasterCard, and PayPal.

 

 

Pros and Cons

 

Our Insights

The Benefits of trading with Pepperstone include Social Copy Trading and Trusted customer support.

 

 

Is Forex Trading Legal in Albania?

Forex Trading is Legal in Albania. Moreover, Forex in Albania is regulated by the Albanian Financial Supervisory Authority (AFSA).

 

Can Muslims trade Forex in Albania?

Muslims in Albania are free to trade Forex without restrictions. However, Muslims must register an Islamic, Swap-Free account to trade per Sharia Law.

 

 

In Conclusion

Forex Trading is Legal in Albania. Both Citizens and Foreigners can Trade Forex without legal limitations. Forex in Albania is regulated by the Albanian Financial Supervisory Authority (AFSA). Moreover, multiple International Brokers accept Albanian traders.

 

Our Insights

While reviewing the Best Forex Brokers that accept Albanian 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.

 

You might also like:

• Interactive Brokers Review
• Saxo Bank Review
• Admirals Review
• IC Markets Review
• FXCM Review