The 6 Best Forex Brokers in Barbados – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Barbados.
In this in-depth guide you will learn:
and much, MUCH more!
6 Best Forex Brokers in Barbados – a Comparison
6 Best Forex Brokers in Barbados (2024)
- ☑️ IC Markets – Overall, the Best Forex Broker in Barbados
- ☑️ Pepperstone – Best MetaTrader Forex Broker
- ☑️ CMC Markets – Best Mobile Trading Experience
- ☑️ Moneta Markets – Best Forex Broker for Copy Trading
- ☑️ FP Markets – High User Trust Score
- ☑️ Tickmill – Popular Forex Broker for Beginners
IC Markets
IC Markets is a well-established, trusted, a highly regulated Forex and CFD Broker. Regulations by renowned agencies include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard. The minimum deposit is 200 USD. Moreover, a Demo Account is available.
In addition, notable Factors and Features include:
- Copy and Social Trading
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
- No Inactivity Fee is Charged
- Scalping and Hedging is Offered
Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.
Pros and Cons
Our Insights
The benefits of trading with IC Markets include a user-friendly registration process and trusted customer support.
Pepperstone
Pepperstone is a highly regulated and well-established Forex and CFD Broker. Regulations by renowned agencies include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts available are Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Accounts are available. In addition, notable Factors and Features include:
- 24/7 Dedicated Customer Support
- USD and GBP Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500 (Pro) and 1:200 (Retail)
- A Commission Fee is Charged
- Scalping and Hedging are Offered
- No Inactivity Fee is Charged
Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.
Pros and Cons
Our Insights
The benefits of trading with Pepperstone include Free Deposit Options and Withdrawals.
CMC Markets
CMC Markets is a trustworthy and well-regarded Forex, CFD, and Financial Services Provider. Regulations by renowned agencies include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Accounts include CFD, Spread Betting, and, Corporate. However, Islamic, Swap-Free Accounts are not available.
In addition, notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including GBP, CAD, and, SEK
- Spreads from 0.3 Pips
- Leverage of up to 1:30
- Access to over 300 Currency Pairs
- A Commission Fee is Charged
Trading instruments and Products include Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and ETFs. In addition, Hedging and Scalping are offered. CMC Markets support MetaTrader 4 and Next Generation. Moreover, a Proprietary Mobile App is available.
Pros and Cons
Our Insights
The benefits of trading with CMC Markets include excellent educational resources and trusted customer support.
Moneta Markets
Moneta Markets is a well-established Forex and CFD Broker with access to over 1’000 tradable assets. Regulations by renowned agencies include AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, and, BRL. Accounts include Direct STP, Prime ECN, and, Ultra ECN. The minimum deposit is 50 USD.
In addition, notable Factors and Features include:
- Multiple Base Currencies, including AUD SGD, and, HKD
- Spreads from 0.0 Pips
- Access to over 40 Currency Pairs, including Major, Minor, and, Exotic Pairs
- No Inactivity Fee is Charged
- Leverage of up to 1:1000
Trading Instruments include Forex, commodities, indices, shares, ETFs, bonds, and, cryptocurrencies. Moneta Markets supports PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.
Pros and Cons
Our Insights
The benefits of trading with Moneta Markets include Multilingual Customer Support. Languages supported include French, German, and, Spanish.
FP Markets
FP Markets is a well-established Forex, CFD, and, Financial Services Provider. Regulations by renowned agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available.
In addition, notable Factors and Features include:
- 24/7 Customer Support
- Multiple Base Currencies, including AUD, CAD, and, EUR
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- No Inactivity Fee is Charged
- A Commission Fee is Charged
Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a Proprietary Mobile App is available.
Pros and Cons
Our Insights
The Benefits of trading with FP Markets include Tight Spreads and Low Forex Fees.
Tickmill
Tickmill is a prominent global Forex Brokerage. Regulations by renowned agencies include CySEC, FCA, FSA, FSCA, and, Labuan FSA. Accounts available are VIP, Classic, and, Pro Accounts. Moreover, a Demo and Islamic, Swap-Free Option is available.
In addition, notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including USD, EUR, and, GBP
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.
Pros and Cons
Our Insights
The benefits of trading with Tickmill include access to various educational resources.
Is Forex Trading Legal in Barbados?
Forex Trading in Barbados is Legal and well-regulated by the Central Bank.
In Conclusion
The popularity of Forex Trading in Barbados has seen a notable rise. Moreover, it is well-regulated by the country’s local bank. In addition, Multiple International Forex Brokers accept local traders.
Our Insights
While reviewing the Best Forex Brokers that accept Traders in Barbados, 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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