7 Best Forex Brokers in Congo

Last Update: June 26th, 2024

 

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

 

In this in-depth guide you will learn:

 

• The Best Forex Brokers in Congo (DRC) – a List
• The Best Forex Brokers in Brazzaville – Revealed
• Top Forex Brokers for Beginners in Kinshasa
• The Best Forex Brokers in Congo with a Low CDF Minimum Deposit
• Leading MetaTrader Forex Brokers in Africa

 

and much, MUCH more!

 

 

7 Best Forex Brokers in Congo – a Comparison

 

 

7 Best Forex Brokers in Congo (2024)

 

1. ☑️ IC Markets – Overall, the Best Forex Broker in Congo
2. ☑️ Moneta Markets – Best Overall Offering
3. ☑️ XTB – Best Forex Broker in Kinshasa
4. ☑️ Tickmill – Best Forex Broker in Brazzaville
5. ☑️ XM – Leading MetaTrader Forex Broker
6. ☑️ TMGM – Best Online Trading Experience
7. ☑️ HYCM – Low CDF Minimum Deposit

 

 

IC Markets

IC Markets is a highly trusted and Regulated 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 offered. The Minimum Deposit is 200 USD. Notable Features include:

 

• 8 Base Currencies
• Leverage of up to 1:500
• Over 60 Currency Pairs
• No Inactivity Fee is Charged
• Scalping and Hedging

 

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

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of Trading with IC Markets include multiple copy trading platforms and trusted customer support.

 

 

Moneta Markets

Moneta Markets is a well-established financial services provider. 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:

 

• Copy/Social Trading
• Spreads from 0.0 Pips
• Leverage of up to 1:10000
• No inactivity Fee is charged

 

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 access to multiple educational resources, including seminars and market analysis.

 

 

XTB

XTB is a highly licensed and regulated Financial services provider. Regulations include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts offered are Standard and Swap-Free. Moreover, a Demo Account is available. No minimum deposit is required. Notable Features include:

 

• Occasional Bonus offers and Promotions
• Spreads from 0.5 Pips
• Affiliate Programmes
• Scalping and Hedging

 

Trading Instruments include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. Trading Platforms available are xStation 5 and xStaion Mobile.

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with XTB include access to in-depth market research, news updates, and technical indicators.

 

 

Tickmill

Tickmill is a highly regulated and trusted Forex and CFD Broker. Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Account available are VIP, Classic, and, Pro. Moreover, a Demo Account is available. The minimum deposit is 100 USD. Notable features include:

 

• High Ease of Use Rating
• Mobile Trading Capability
• USD, EUR, GBP, and, PLN Base Currencies
• Spreads from 0.0 Pips
• Affiliate Program
• Scalping and Hedging

 

Trading Instruments available are Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Tckmill Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Tickmill include numerous account options, reasonable spreads, and impressive commission structures.

 

 

XM

XM is a tier-1 Regulated Financial Services Provider. Regulations include the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the International Financial Services Commission Belize (IFSC). Accounts available are Micro, Standard, Ultra Low, and, Shares. Moreover, a Demo Account is available. The minimum deposit is 5 USD.

 

• Multilingual customer support in 30 Languages
• A Micro Account
• Instant Deposit and Withdrawal Options

 

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

 

 

Pros and Cons

 

 

Our Insights

The Benefits of Trading with XM include access to over 1,000 financial instruments across many asset classes.

 

 

TMGM

TMGM is a popular Forex and CFD Broker. Regulations include ASIC, FMA, and, the VFSC. Accounts available are Classic, Edge, IRESS Standard, IRESS Premium, and, IRESS Gold. Moreover, a Demo Account is available. The minimum deposit is 100 USD. Notable features include:

 

• Spreads from 0.0 Pips
• Leverage of up to 1:1000
• Over 55 Currency Pairs

 

Trading Instruments available are Forex, Metals, Shares, Energies, Crypto CFDs, and, Indices. TMGM supports MetaTrader 4, MetaTrader 5, IRESS, and, HUBx.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with TMGM include 24/7 Dedicated Customer Support.

 

 

HYCM

HYCM is a well-established Forex Broker with over 4 Years of Experience. Regulations include FCA, CySEC, CIMA, and, the DFSA. Accounts available are Fixed, Classic, and, Raw. Moreover, a Demo Account is available. The minimum deposit is 20 USD.

 

• Multiple Base Currencies
• Over 60 Currency Pairs
• Spreads from 0.1 Pips
• Leverage of up to 1:500

 

Trading Instruments include Forex, Metals, Energies, Commodities, Indices, Stocks, and, Cryptocurrencies. HYCM supports MetaTrader 4, MetaTrader 5, and, HYCM trader.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with HYCM include excellent educational resources and Narrow spreads on Major Forex Pairs.

 

 

Is Forex Trading Legal in Congo?

Forex Trading in the Democratic Republic of the Congo is Legal and Regulated by the Central Bank of Congo (BCC).

 

 

The Central Bank of Congo (BCC)

Banque Centrale du Congo or the Central Bank of Congo (BCC) is the central bank of the Democratic Republic of the Congo. The BCC is located in the city of Kinshasa.

 

 

The Congolese Franc (CDF)

The Congolese franc is the currency of the Democratic Republic of the Congo.

 

 

In Conclusion

Forex Trading in Congo has seen a notable rise in popularity amongst young Congolese Professionals. Moreover, it is available without restriction. In addition, several International Forex Brokers accept local traders.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept Congolese 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.

 

You might also like:

 

• IC Markets Review
• Moneta Markets Review
• XTB Review
• Tickmill Review
• XM Review
• TMGM Review
• HYCM Review