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10 Best Forex Brokers in Albania

Edited by: Louis Schoeman

Forex Brokers Albania

 

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

 

10 Best Forex Brokers in Albania – a Comparison

🔎 Broker🚀Open an Account💴 Min. Deposit (ALL)🤝 Accepts Albanian Traders
🥇 Interactive Brokers👉 Click HereNone✅Yes
🥈 Saxo Bank👉 Click HereNone✅Yes
🥉 Admirals👉 Click Here2348,93✅Yes
🏅 IC Markets👉 Click Here18791,47✅Yes
🎖️ FXCM👉 Click Here4697,87✅Yes
🥇 IG👉 Click Here4697,87✅Yes
🥈 CMC Markets👉 Click HereNone✅Yes
🥉 XM👉 Click Here469,79✅Yes
🏅 RoboForex👉 Click Here939,57✅Yes
🎖️ Pepperstone👉 Click Here939,57✅Yes

 

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 Review

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. 

🔎 Broker🥇 Interactive Brokers
💴 Min. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers

 

Pros and Cons

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

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

 

Saxo Bank Review

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. 

 

Saxo Bank

 

Pros and Cons

✅ Pros❌ Cons
Instructional resourcesHigh Fees when Compared
Multiple Trading PlatformsFutures and options - complicated cost structures

 

Our Insights

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

 

Admirals Review

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.

🔎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 excellent investor education and advanced MetaTrader features.

 

IC Markets Review

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.

 

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

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

 

FXCM Review

 

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.

🔍 Broker🥇 FXCM
💵 Minimum Deposit50 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅ Yes
🕰️ Support Hours24/5
🚀 Open an Account👉 Click Here

 

FXCM

 

Pros and Cons

✅ Pros❌ Cons
Multitude of educational materialsHigh Currency conversion fees
Multiple Account TypesNarrow asset portfolio
24-hour multilingual customerLimited Trading Platforms

 

Our Insights

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

 

IG Review

 

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❌ 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

 

IG Markets

 

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 excellent educational materials, trusted deposit options, and, a first-class proprietary web trading platform.

 

CMC Markets Review

 

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.

🔎 Broker🥇 CMC Markets
💴 Minimum Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

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

 

XM Review

 

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.

🔎 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 Overview

 

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 excellent educational resources and 24/7 Multilingual Customer Support.

 

RoboForex Review

 

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.

🔎 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 a Welcome Bonus, Free Withdrawals, and a leverage of up to 1:2000.

 

Pepperstone broker review

 

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.

🔎 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 Social Copy Trading and Trusted customer support.

 

Forex Trading in Albania

 

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).

Is Forex Trading Legal in Albania?

 

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.

 

Can Muslim Trade Forex in Albania?

 

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.

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 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.

 

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Faq

The IBKR Lite and IBKR Pro accounts provide up to 1:30 leverage.

Both account types are available to all traders.

Saxo provides 24/5 Customer Support.

No minimum deposit is required.

Admirals provide CFD trading on cryptocurrencies.

Admirals offers a 30-day trial account.

MetaTrader 4, MetaTrader 5, and, cTrader.

Top entities like ASIC and CySEC regulate IC Markets.

FXCM charges $50 after 12 months of inactivity.

Scalping and Hedging are allowed.

80 Currency Pairs – major, minor, and exotic pairs

 

No minimum deposit is required.

XM Specializes in Forex and CFD Trading.

USD and EUR.

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

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