6 Best Forex Brokers in Dominica

Last Update: June 26th, 2024

 

The 6 Best Forex Brokers in Dominica – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Dominica.

 

In this in-depth guide, you will learn:

 

• The Best Forex Brokers in Dominica – a List
• Is Forex Trading Legal in Dominica?
• The Best Forex Brokers for Beginners and Foreigners
• Leading MT4 and MT5 Forex Brokers
• Low XCB Minimum Deposit Forex Brokers

 

and much, MUCH more!

 

 

6 Best Forex Brokers in Dominica – a Comparison

 

 

6 Best Forex Brokers in Dominica (2024)

 

1. ☑️ IC Markets – Overall, the Best Forex Broker in Dominica
2. ☑️ Tickmill – Best Overall Trading Experience
3. ☑️ FP Markets – The Best MT 4 Forex Broker
4. ☑️ GO Markets – The Best MT 5 Forex Broker
5. ☑️ Pepperstone – Leading Broker for Established Traders
6. ☑️ Moneta Markets – The Best Forex Broker for Beginners

 

 

IC Markets

IC Markets is a globally recognized Forex and CFD Broker licensed and regulated by ASIC, CySEC, FSA, and, the SCB. Account available includes cTrader, Raw Spread, Standard, Islamic, and, Demo Options. Notable factors and features include:

 

• 24/7 Multilingual Customer Support
• Copy and Social Trading via Multiple Platforms
• Multiple Base Currencies, including AUD, USD, and, JPY
• Over 60 Currency Pairs
• Spreads from 0.0 Pips
• Scalping and Hedging are Offered
• The Standard Account is Commission Free

 

Supported Trading Platforms include MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

 

 

 

Pros and Cons

 

 

Our Insights

The Benefits of Trading with IC Markets include a Demo Account with a virtual balance of 5,000,000 USD.

 

 

Tickmill

Tickmill is a prominent CFD and Forex Services provider catering to Beginners and Professional Traders. Regulations include Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Pro, Classic, VIP, Demo, and, Islamic, Swap-Free Account Options are available. Notable Factors and features include:

 

• 100 USD Minimum Deposit
• Leverage of up to 1:500
• Access to over 60 Currency Pairs
• Leverage of up to 1:500
• Scalping and Hedging are Offered
• 24/5 Customer Support

 

Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and ETFs. Trading Platforms supported are MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Tickmill Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The Benefits of trading with Tickmill include access to multiple account options, trading platforms, and, trusted deposit options. Moreover, Withdrawals are completed in a timely fashion.

 

 

FP Markets

FP Markets is an impressive Forex and CFD Brokerage. License and Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Account Types available are Standard, Raw, Islamic Standard, Islamic Raw, and Demo Options. Notable factors and features include:

 

• The Minimum deposit for all accounts is AU$ 100.
• Scalping and Hedging
• Leverage of up to 1:500
• 24/7 Multilingual Customer Support
• Client Fund Segregation
• No Deposit Fee is Charged on Selected Options

 

Trading instruments and Products include MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. Moreover, an FP Markets mobile app is available. Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with FP Markets include Multilingual Customer Support and Impressive Educational Resources.

 

 

GO Markets

GO Markets is a highly regulated, global Forex and CFD services provider. License and Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts available are Standard and GO+ Plus Accounts. Notable factors and features include:

 

• The Minimum deposit is 200 USD.
• Leverage of up to 1:500
• 24/5 Customer Support
• Access to over 50 Currency Pairs
• An Affiliate Program
• Scalping and Hedging are Offered
• Client Fund Segregation

 

Supported Trading Platforms include MetaTrader 4, MetaTrader 5, and, cTrader. Trading instruments and Products include Forex, shares, indices, metals, commodities, and, cryptocurrencies.

 

 

 

Pros and Cons

 

 

Our Insights

The Benefits of trading with GO Markets include multiple Trusted Deposit Options, including Neteller, Skrill, Bank Wire Transfer, and Credit Cards.

 

 

Pepperstone

Pepperstone is a trustworthy and highly regulated Forex and CFD Broker. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Account Options include Standard, Razor, Islamic, and Demo Options. The minimum deposit is AU$ 200. Notable Factors and Features include:

 

• Spreads from 0.0 Pips
• Leverage of up to 1:500
• 24/7 Customer Support
• USD and GBP Base Currencies
• Access to over 70 Currency Pairs
• TradingView Integration

 

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

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Pepperstone include access to responsive and dedicated Customer Support.

 

 

Moneta Markets

Moneta Markets is a comprehensive Forex and CFD broker regulated by several renowned agencies. Regulations include the FSCA, FSA Seychelles, CIMA, and, ASIC. Notable factors and features include:

 

• Access to over 40 Currency Pairs
• No Inactivity Fee is Charged
• Multilingual Customer Support
• Spreads from 0.0 Pips
• Leverage of up to 1:1000

 

Direct STP, Prime ECN, and Ultra ECN Accounts are available. In addition, a Virtually funded Demo Account is available. Moneta Markets supports PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.

Trading instruments and Products include Forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Moneta Markets include access to Competitive spreads and commissions.

 

 

Is Forex Trading Legal in Dominica?

Forex Trading in Dominica is legal and available to citizens and residents without restriction. Moreover, it falls under the regulatory authority of the Financial Service Unit.

 

 

In Conclusion

Forex Trading in Dominica is Legal and governed by the Financial Service Unit. Moreover, several International Forex Brokers accept local traders.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept Traders in Dominica, 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.

 

You might also like:

 

• IC Markets Review
• Tickmill Review
• FP Markets Review
• GO Markets Review
• Pepperstone Review