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7 Best Forex Brokers in Comoros

Last Update: June 26th, 2024

Forex Brokers Comoros

 

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

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Comoros – a List
  • Is Forex Trading Legal in Comoros?
  • Who regulates Forex in Comoros?
  • What is the most legit forex broker?
  • The Best Forex Brokers for Beginners?
  • The Best MetaTrader Forex Brokers

 

and much, MUCH more!

 

7 Best Forex Brokers in Comoros

 

7 Best Forex Brokers in Comoros – A Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Comorian Traders💴 Min. Deposit (KMF)
🥇 IC Markets 👉 Click Here✅Yes91130,00
🥈 Tickmill👉 Click Here✅Yes45565,00
🥉 FP Markets👉 Click Here ✅Yes30195,93
🏅 Pepperstone👉 Click Here✅Yes60391,85
🎖️ HF Markets👉 Click Here✅YesNone
🥇 Octa👉 Click Here✅Yes11391,25
🥈 FXTM👉 Click Here✅Yes4556,50

 

7 Best Forex Brokers in Comoros (2024)

 

  1. ☑️ IC Markets – Overall, The Best Forex Broker in Comoros
  2. ☑️ Tickmill – Best MetaTrader Forex Broker
  3. ☑️ FP Markets – High User Trust Score
  4. ☑️ Pepperstone – Best Online Trading Experience
  5. ☑️ HF Markets – Excellent Overall Offering
  6. ☑️ Octa – Low KMF Minimum Deposit
  7. ☑️ FXTM – Best Mobile Trading Experience

 

IC Markets Review

 

IC Markets

IC Markets is a trusted and highly regulated Forex Broker. Regulations include ASIC, CySEC, FSA, and, the SCB. Account includes 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
  • Over 60 Currency Pairs
  • No Inactivity Fee is charged

 

Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In addition, an IC Markets Mobile Trading App is offered.

 

🔎 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

IC Markets suites all levels of traders. Moreover, Beginners will benefit from excellent education resources and impressive customer support.

 

Tickmill Review

 

Tickmill

Tickmill is a popular and multi-regulated multi-asset broker. Regulations include Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro. Moreover, a Demo Account is available. The minimum deposit is 100 USD.  Notable features include:

 

  • Bonus Offers and Promotions
  • A Welcome Account
  • Spreads from 0.0 Pips
  • Over 60 Currency Pairs
  • 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 Tickmill Mobile App is available.

 

🔎 Broker🥇 Tickmill
💴 Minimum Deposit$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

Tickmill Overview

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

The benefits of trading with Tickmill include a Multilingual Website option and Multilingual Customer Support.

 

FP Markets

 

FP Markets

FP Markets is a highly trusted and well-regulated financial services provider. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are Standard, Raw, Islamic Standard, and, Islamic Raw. The Minimum deposit is AU$200. Notable features include:

 

  • Spreads from 0.0 Pips
  • No Inactivity Fee is charged
  • Access to Minor, Major, and Exotic Currency Pairs

 

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, an FP Markets Bole Trading 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

FP Markets suits all levels of Traders. Moreover, all Traders will benefit from 24/7 Dedicated Customer Support.

 

Pepperstone

 

Pepperstone

Pepperstone is a leading Australian Financial Services Provider. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and the SCB. Accounts available are Standard and Razor. Moreover, a Demo Account is available. The minimum deposit is AU$200. Notable features include:

 

  • USD and GBP Base Currencies
  • Spreads from 0.0 Pips
  • Over 70 Currency Pairs
  • Leverage of up to 1:500

 

Trading Instruments include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Trading Platforms are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and Capitalise.ai.

 

🔎 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 the availability of Scalping and Hedging. In addition, no inactivity fee is charged.

 

HFM Review

 

HF Markets

HF Markets, or, HFM, is a well-established and trusted Forex and CFD Broker. Regulations include the FSCA, CySEC, DFSA, FSA, FCA, FSC, and, the CMA. Accounts available are Xent, Zero, Pro, and, Premium. No Minimum Deposit is required. Notable features include:

 

  • Bonus Offers and Promotions
  • 5 Base Currencies
  • Leverage of up to 1:2000
  • Over 50 Currency Pairs

 

Trading Instruments include Forex, Precious Metals, Energies, Indices, Shares, Commodities, Crypto CFDs, Bonds, and, ETFs. Trading Platforms are MetaTrader 4 and MetaTrader 5. In addition, an HFM 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

The Benefits of Trading with HFM include Excellent Customer Support and a large selection of Educational Resources.

 

OctaFX Review

 

Octa

OctaFX, or, Octa, is a global multi-asset CFD Broker. Regulations include CySEC, MISA, and, the FSCA. Accounts available are OctaTrader, MetaTrader 4, and, MetaTrader 5. Moreover, a Demo Account is available. The minimum deposit is 25 USD. Notable features include:

 

  • Bonus Offers and Promotions
  • Commission Free Trading
  • Leverage up to 1:500
  • Spreads from 0.0 Pips

 

Trading Instruments include Forex, Shares, Indices, Commodities, and, Cryptocurrencies. Trading Platforms include MetaTrader 4, MetaTrader 5, and, OctaTrader. In addition, a Octa Mobile App is available.

 

🔎 Broker🥇 Octa
💵 Minimum Deposit25 USD
4️⃣ Ease of Use Rating4/5
🎁 Bonuses✅Yes
🪙 Currency Pairs35, Major, Minor, Exotic Pairs
🚀 Open an Account
👉 Click Here

 

Octa

 

Pros and Cons

 

✅ Pros❌ Cons
Powerful trading platformsNo Tier-1 Regulations
Diverse set of trading instrumentsDemo Account expires after 30 Days

 

Our Insights

The Benefits of trading with Octa include Multilingual Customer Support and access to Webinars/Seminars.

 

FXTM Review

 

FXTM

FXTM is a highly regulated and trusted Forex and CFD Broker. Regulations include CySEC, FSCA, FCA, CMA, and, the FSC Mauritius. Accounts available are Micro, Advantage, and, Advantage Plus. In addition, a Demo Account is available. The minimum deposit is 10 USD. Notable features include:

 

  • A Referal Bonus
  • Multiple Base Currencies
  • Spreads from 0.0 Pips
  • Multilingual Website Option
  • Leverage of up to 1:2000

 

Trading instruments include Forex, Forex Indices, Spot Metals, CFD Kenya Stocks, Kenya Stocks, CFD US Stocks, US Stocks, Hong Kong Stocks, CFD EU Stocks, Spot Commodities, Spot Indices, Stock Baskets, and, Crypto CFDs. Trading Platforms available are MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

🔎 Broker🥇 FXTM
💴 Minimum Deposit10 USD
💵 Inactivity Fee$5 after 6 months of inactivity
🎁 BonusesReferral bonus
⏰ Support Hours24/5
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, FXTM Trader
📌 Account TypesMicro, Advantage, Advantage Plus
💷 Base CurrenciesUSD, EUR, GBP, NGN
🚀 Open an Account👉 Click Here

 

FXTM Review

 

Pros and Cons

 

✅ Pros ❌ Cons
Micro Account for BeginnersInactivity Fee
Dedicated customer support teamsFees apply to most withdrawal methods

 

Our Insights

Beginners will benefit from a Micro Account with a Low Minimum Deposit of 10 USD. Moreover, trusted Customer support is offered.

 

Is Forex Trading Legal in Comoros?

 

Is Forex Trading Legal in Comoros?

Forex Trading is fully licensed and regulated in Comoros. Moreover, a dedicated bank account must be obtained to do so legally.

 

Is Forex Trading Legal in Comoros?

 

Who Regulates Forex Trading Comoros?

The Ministry of Finance and Budget and, the Central Bank license and regulate Forex in Comoros.

 

Who Regulates Forex Trading Comoros?

 

In Conclusion

Forex Trading in Comoros has seen a notable rise in popularity. To trade Forex in Comoros, a dedicated bank account must be obtained. Moreover, it is licensed and regulated by the Ministry of Finance and Budget and, the Central Bank.

 

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 10Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit 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 Comorian 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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FAQs

Forex Trading in Comoros is Legal and Regulated.

The Ministry of Finance and Budget and, the Central Bank of Comoros regulate it.

IC Markets does not offer a Sign-Up Bonus at this time.

Tickmill offers Scalping and Hedging.

FP Markets offers 24/7 Customer Support.

The Peppersne mitonimum deposit is AU$200.

HFM supports MetaTrader 4 and MetaTrader 5.

Regulations include CySEC, MISA, and, the FSCA.

A Referal Bonus is available.

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