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7 Best Forex Brokers in Burundi

Edited by: Louis Schoeman

Forex Brokers Burundi

 

The 7 Best Forex Brokers in Burundi – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Burundi.

 

In this in-depth guide you will learn:

 

 

and much, MUCH more!

 

7 Best Forex Brokers in Burundi

 

7 Best Forex Brokers in Burundi – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Burundian Traders💶 Min. Deposit (FBu)
🥇 HF Markets👉 Click Here✅YesNone
🥈 XM👉 Click Here✅Yes14395,00
🥉 eToro👉 Click Here✅Yes28790,00
🏅 IC Markets👉 Click Here✅Yes575800,00
🎖️ CMC Markets👉 Click Here✅YesNone
🥇 FP Markets👉 Click Here✅Yes192177,57
🥈 Axi👉 Click Here✅YesNone

 

7 Best Forex Brokers in Burundi (2024)

 

  1. ☑️ HF Markets – Overall, the Best Forex Broker in Burundi
  2. ☑️ XM – Best Forex Broker for Beginners
  3. ☑️ eToro – The Best Broker for Copytrading
  4. ☑️ IC Markets – Best Mobile Trading Experience
  5. ☑️ CMC Markets – Best Online Trading Experience
  6. ☑️ FP Markets – Excellent Overall Offering
  7. ☑️ Axi – High User Trust Score

 

HFM Review

 

HF Markets

HF Markets is a trusted and highly Regulated Forex Broker. Regulations include FSCA, CySEC, DFSA, FSA, FCA, FSC, and the CMA. Accounts offered are Cent, Zero, Pro, and, Premium. Moreover, a Demo Account is available. No Minimum deposit is required.

 

  • Bonus Offers and Promotions
  • Spreads from 0.0 Pips
  • Leverage of up to 1:2000

 

Trading instruments include Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, and, ETFs. Trading Platforms include MetaTrader 4 and MetaTrader 5. In addition, a Mobile Trading app is available.

 

🔎 Broker🥇 HFM
💴 Minimum Deposit$0
📌 Regulation and LicensesFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
5️⃣ Ease of Use Rating5/5
🎁 Bonuses✅Yes
⏰ Support Hours24/5
⚙️ Trading PlatformsMT4, MT5, HFM Trading App
🚀 Open an Account
👉 Click Here

 

HFM

 

Pros and Cons

 

✅ Pros❌ Cons
Top-tier RegulationRegional constraints
Segregated Accounts for Client FundsInactivity fees

 

Our Insights

HFM suits all levels of Traders. Moreover, Beginners will benefit from Bonus Offers, Educational resources, and, dedicated customer support.

 

XM Review

 

XM

XM is a trusted and highly regulated Financial Service Provider. Regulations include the FSCA, IFSC, ASIC, CySEC, DFSA, and, the FCA. Accounts offered are Micro, standard, Ultra-Low, and Shares. Moreover, a Demo Account is available. The Minimum deposit is 5 USD. Notable features include:

 

  • Spreads from 0.6 Pips
  • Leverage of Up to 1:1000
  • Access to over 55 Currency Pairs

 

Trading Instruments include Forex, cryptocurrencies, stock CFDs, commodities, equity indices, precious metals, energies, individual shares, and, Turbo Stocks. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

🔎 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

 

Pros and Cons

 

XM Review

 

Our Insights

The benefits of trading with XM include Scalping, Hedging, and, an Affiliate Program.

 

eToro Review

 

eToro

eToro is a highly regulated and trusted Forex and CFD Broker. Regulations include CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, SIPC. A Standard Retail Account is offered. Moreover, a Demo Account is available. The minimum deposit is 10 USD. Notable features include:

 

  • Copy and Social Trading
  • Hedging
  • Spreads from 1 Pip
  • Leverage of up to 1:400

 

Trading Instruments include Forex, stocks, crypto CFDs, indices, commodities, and, ETFs

 

🔎 Broker🥇 eToro
📈 Regulation and LicensesCySEC, FCA, ASIC, FSA, FinCEN, FINRA
📉 Ease of Use5/5
📊 Support Hours24/5
💻 Trading PlatformseToro platform
💹 Account TypesStandard Retail Account
💴 Base CurrenciesUSD
🅰️ SpreadsFrom 1 pip EUR/USD
🅱️ Leverage1:30
💶 Currency Pairs55; minor, major, exotic pairs
💳 Minimum Deposit$50 USD
🚫 Inactivity Fee10 USD after 12 months of inactivity
📌 Website LanguagesEnglish, Italian, German, etc.
💰 Fees and CommissionsSpreads from 1 pip
🤝 Affiliate Program✅Yes
✖️ Banned CountriesCanada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria
📈 ScalpingNone
📉 Hedging✅Yes
📊 Trading InstrumentsForex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs
🚀Open an Account👉 Click Here

 

eToro Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Social tradingWithdrawal Fee
Low trading feesInactivity fee
Negative balance protectionConversion fees
User-friendly PlatformSingle base currency

 

Our Insights

eToro is well-suited to all levels of Traders. Moreover, benefits include a low minimum deposit.

 

IC Markets Review

 

IC Markets

IC Markets is a powerful Forex and CFD Broker. Regulations include ASIC, CySEC, FSA, and, SCB. Accounts available are cTrader, Raw Spread, and, Standard. Moreover, a Demo Account is available. The minimum deposit is 200 USD. Notable features include:

 

  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 64 Currency Pairs

 

Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Trading Platforms available are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and ZuluTrade.

 

🔎 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

The benefits of trading with IC Markets include access to multiple copy and social trading platforms.

 

CMC Markets Review

 

CMC Markets

CMC Markets is a highly trusted Financial Services provider. Regulations include GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, and, SGD. Accounts offered are CFD, Spread Betting, and, Corporate. Moreover, a Demo Account is available. No Minimum deposit is required. Notable features include:

 

  • Access to over 330 Currency Pairs
  • Spreads from 0.3 Pips
  • Leverage of up to 1:30

 

Trading Instruments offered are Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs. Trading Platforms available are MetaTrader 4 and Next Generation. In addition, a Proprietary Mobile Trading App is available.

 

🔎 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 several base currency options and impressive customer support.

 

FP Markets

 

FP Markets

FP Markets is a trusted and well-established Forex and CFD Broker. Regulations include ASIC, CySEC, FSCA, FSA, and, FSC. Accounts on offer are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. The minimum deposit is AU$ 100. Notable features include:

 

  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • 24/7 Customer Support
  • Multilingual Website Option

 

Trading Instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. Trading Platforms available are MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. A Proprietary Mobile App is available.

 

🔎 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

 

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 tight Spreads and Low Forex Fees.

 

Axi Review

 

Axi

Axi, or AxiTrader, is a Trusted Financial Services provider. Regulations include ASIC, FCA, and FMA. Accounts offered are Standard, Pro, and, Elite. Moreover, a Demo Account is available. No Minimum deposit is required. Notable features include:

 

  • Access to over 70 Currency Pairs
  • Multilingual Website Option
  • Spreads from 0.0 Pips

 

Trading Instruments include Forex, share CFDs, indices, commodities, oil, precious metals, crypto CFDs, CFDs, and, IPOs. MetaTrader 4 is offered.

 

🔎 Broker🥇 Axi
💴 Minimum Deposit0 USD
💵 Inactivity Fee✅Yes
💝 Bonuses✅Yes
⏰ Support Hours24/5
🖱️ Trading PlatformsMetaTrader 4
🚀 Open an Account
👉 Click Here

 

Axi Overview

Pros and Cons

 

✅ Pros❌ Cons
Axi is regulated by top-tier agenciesOnly MetaTrader 4 is available
Axi provides standard, professional, and advanced accountsAxi does not have a proprietary trading platform
Axi supports the use of MetaTrader 4 across devicesCrypto withdrawals are not available
Users can trade forex and CFDs on equities, indices, commodities, and CryptoAxi restricts customers from the United States and other regions

 

Our Insights

Axi suits all levels of Traders, providing Standard, Professional, and Advanced accounts. Moreover, Traders have access to the Axi Academy.

 

Forex in Burundi

 

Is Forex Trading Legal in Burundi?

Forex Trading in Burundi is Legal and regulated by The Bank of the Republic of Burundi (BRB).

 

Is Forex Trading Legal in Burundi?

 

In Conclusion

Forex Trading in Burundi has seen a notable rise. Moreover, it is Legal and regulated by The Bank of the Republic of Burundi (BRB). Multiple International Brokers accept Burundian 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 Burundian Traders, we found 7 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 is Permitted and Legal in Burundi.

The Bank of the Republic of Burundi (BRB).

24/5 Customer Support is offered.

A Micro and Ultra-Low Account is available.

Regulations include CySEC, FCA, ASIC, and, FSA.

An Inactivity Fee is not charged.

Over 330 Currency Pairs, including Major, Minor, and, Exotic Pairs.

The Minimum Deposit to open an FP Markets account is AU$100.

Axi provides Scalping and Hedging.

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