6 Best Forex Brokers in Chad
The 6 Best Forex Brokers in Chad – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Chad.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Chad – a List
- Is Forex Trading Legal in Chad?
- Who Regulates Forex in Chad?
- The Best Forex Brokers for Beginners
- Leading MetaTrader Forex Brokers
- Low XAF Minimum Deposit Brokers
and much, MUCH more!
6 Best Forex Brokers in Chad – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Chadian Traders | 💶 Min. Deposit (XAF) |
| 🥇 IC Markets | 👉 Click Here | ✅Yes | 120750,14 |
| 🥈 GO Markets | 👉 Click Here | ✅Yes | 120750,14 |
| 🥉 FP Markets | 👉 Click Here | ✅Yes | 40241,19 |
| 🏅 Tickmill | 👉 Click Here | ✅Yes | 60375,07 |
| 🎖️ Vantage Markets | 👉 Click Here | ✅Yes | 30187,54 |
| 🥇 Moneta Markets | 👉 Click Here | ✅Yes | 30187,54 |
6 Best Forex Brokers in Chad (2024)
- ☑️ IC Markets – Overall, the Best Forex Broker in Chad
- ☑️ GO Markets – Excellent Overall Offering
- ☑️ FP Markets – Best Forex Broker for Beginners
- ☑️ Tickmill – Leading MetaTrader Forex Broker
- ☑️ Vantage Markets – Best Forex Broker for Copytrading
- ☑️ Moneta Markets – High User Trust Score
IC Markets
IC Markets is a renowned Forex and CFD Broker. Regulations include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard. Moreover, a Demo Account is available. The minimum deposit is 200 USD. Notable features include:
- Over 60 Currency Pairs
- Leverage of up to 1:500
- Spreads from 0.0 Pips
- Scalping and Hedging
- No Inactivity Fee
Trading Instruments available are Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Trading Platforms include MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. It should be noted that IC Markets does charge a Commission Fee and the initial minimum deposit is High.
| 🔎 Broker | 🥇 IC Markets |
| 💴 Minimum Deposit | 200 USD |
| 💵 Inactivity Fee | None |
| 📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
| 5️⃣ Ease of Use Rating | 5/5 |
| 🎁 Bonuses | None |
| ⏰ Support Hours | 24/7 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Affordable forex and CFD trading costs | High minimum deposit requirement |
| Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
IC Markets suits all levels of Traders. Moreover, Beginners will benefit from a selection of educational resources and trusted multilingual customer support.
GO Markets
GO Markets is a Reliable and Robust Forex and CFD broker. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts available are Standard and GO+ Plus. Moreover, a Demo Account is available. The Minimum deposit is 200 USD. Notable features include:
- Leverage of up to 1:500
- Spreads from 0.0 Pips
- Scalping and Hedging
Trading Instruments include Forex, shares, indices, metals, commodities, and, Cryptocurrencies. Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader.
| 🔎 Broker | 🥇 GO Markets |
| 💴 Minimum Deposit | 200 USD |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips |
| 📉 Leverage | 1:500 |
| 🪙 Currency Pairs | 50+; minor, major, exotic pairs |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive Spreads | Not FCA Regulated |
Our Insights
GO Markets suits Beginner and Professional Traders. Benefits of Trading with GO Markets include Multilingual Customer Support.
FP Markets
FP Markets is a strongly regulated Financial Services Provider. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts offered are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Notable features include:
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Scalping and Hedging
Trading Instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. Trading Platforms available are MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a Proprietary Mobile Trading App is available.
| 🔎 Broker | 🥇 FP Markets |
| 💴 Minimum Deposit | AU$100 |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips |
| 📉 Leverage | 1:500 |
| 💶 Currency Pairs | Major, Minor, Exotic |
| 📌 Regulations | ASIC, CySEC, FSCA, FSA, FSC |
| 5️⃣ Ease of Use Rating | 4/5 |
| 🎁 Bonuses | None |
| ⏰ Support Hours | 24/7 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| FP Markets is regulated in several regions | There are limited instruments offered |
| MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
| Tight Spreads | Withdrawal fees apply |
| There are low forex fees | No sign-up or no-deposit bonus |
Our Insights
The benefits of Trading with FP Markets include 24/7 Dedicated Customer Support.
Tickmill
Tickmill is a well-established and highly-regulated Financial Services Provider. Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro. Moreover, a Deom Account is available. Notable features include:
- Occasional Bonus Offers and Promotions
- Spreads from 0.0 Pips
- Leverage of up to 1:500 (VIP Account)
- Scalping and Hedging
Trading Instruments include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and ETFs. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In Addition, a Proprietary Mobile Trading App is available.
| 🔎 Broker | 🥇 Tickmill |
| 💴 Minimum Deposit | $100 |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
| 📉 Leverage | 1:500 |
| 💶 Currency Pairs | 62, major, minor, and exotic pairs |
| 📊 Scalping | ✅Yes |
| 💹 Hedging | ✅Yes |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
| Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
Tickmill suits all levels of traders. Moreover, it provides Bonus Offers to Beginners on Occassion.
Vantage
Vantage is a reliable multi-asset Forex and CFD Broker. Regulations include CIMA, VFSC, FSCA, and, ASIC. Accounts available are Standard STP, Raw ECN, and, Pro ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:
Occasional Bonus Offers and Promotions
- Low Minimum Deposit
- No Inactivity Fee is charged
- Multilingual Website Option
Trading Instruments include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, bonds, and, crypto CFDs (Australia). Trading Platforms available are MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.Copy and Social Trading is available.
| 🔍 Broker | 🥇 Vantage Markets |
| 💵 Minimum Deposit | 50 USD |
| 4️⃣ Ease of use Rating | 4/5 |
| 🎁 Bonuses | ✅ Yes |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expenses | Some payment methods, notably international bank transfers, might incur withdrawal fees |
| Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted based on your location due to legislative limits |
| Traders can use webinars, market analysis, and other instructional resources | Share CFD trading expenses on Vantage Markets could be higher than those of certain rivals |
Our Insights
The benefits of trading with Vantage include Occasional Bonus offers, Excellent educational resources, and supportive customer care.
Moneta Markets
Moneta Markets is a comprehensive Forex and CFD Broker. Regulations include FSCA, FSA Seychelles, CIMA, and, ASIC. Accounts available are Direct STP, Prime ECN, and, Ultra ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:
- Spreads from 0.0 Pips
- Leverage of up to 1:1000
- Access to over 40 Currency Pairs
- No Inactivity Fee is charged
Trading Instruments include Forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies. Trading Platforms include PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.
| 🔎 Broker | 🥇 Moneta Markets |
| 📈 Established Year | 2019 |
| 📉 Regulation and Licenses | FSCA, FSA Seychelles, CIMA, ASIC |
| 📊 Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App |
| 📌 Account Types | Direct STP, Prime ECN, Ultra ECN |
| 💴 Base Currencies | AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL |
| 📍 Spreads | From 0.0 pips |
| 💹 Leverage | 1:1000 |
| 💵 Currency Pairs | 44; major, minor, and exotic pairs |
| 💶 Minimum Deposit | 50 USD |
| 💷 Inactivity Fee | None |
| 🔊 Website Languages | English, French, German, Spanish, Vietnamese, Thai, Russian, Arabic, Portuguese, Chinese, etc. |
| 🪙 Fees and Commissions | Spreads from 0.0 pips, commissions from $6 round turn |
| 🤝 Affiliate Program | ✅Yes |
| ❎ Banned Countries | United States, Canada, Hong Kong |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📐 Trading Instruments | Forex, commodities, indices, shares, ETFs, bonds, cryptocurrencies |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| 1,000+ tradable assets, including forex | Some account types may have volume constraints |
| Multilingual support | Limited Education |
| Tight Spreads | No Negative Balance Protection |
| No deposit or withdrawal fees | Inconsistencies reported in customer support quality. |
| Strong Regulation | Limited Product Range |
| MetaTrader 4 and 5 | Limited Account Types |
Our Insights
The benefits of trading with Moneta Markets include a multilingual website and customer support options.
Is Forex Trading Legal in Chad?
Forex Trading is Legal in Chad. Moreover, it is regulated by the Bank of Central African States (BEAC).
In Conclusion
Forex Trading in Chad has seen a notable rise. Trading in Chad is legal and well-regulated. Moreover, multiple international Forex Brokers accept local traders.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | FSC, FSA, VFSC | USD 10 | Visit Broker |
| 6 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Chadian Traders, 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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Faq
Forex Trading is Legal and regulated in Chad.
The Bank of Central African States (BEAC).
The Central African CFA Franc.
No Inactivity Fee is charged.
GO Markets support MetaTrader 4 and MetaTrader 5.
A Commission of US$3 per side is charged.
Scalping and Hedging are Offered.
Vantage offers access to over 40 Currency Pairs, including Major, Minor, and exotic Pairs.
A minimum deposit of 50 USD is required.
An Islamic, Swap-Free Account is available.
| Broker | Website | |
|---|---|---|
| 🥇 |  | Visit Broker |
| 🥈 | | Visit Broker |
| 🥉 | | Visit Broker |
| 4 | | Visit Broker |
| 5 | | Visit Broker |
| 6 | | Visit Broker |
| 7 | | Visit Broker |
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