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6 Best Forex Brokers in El Salvador

Last Update: June 26th, 2024

Forex Brokers El Salvador

 

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

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in El Salvador – a List
  • Is Forex Trading Legal in El Salvador?
  • The Best Forex Brokers for Beginners and Foreigners
  • The Best MetaTrader Forex Brokers

 

and much, MUCH more!

 

6 Best Forex Brokers in El Salvador

 

6 Best Forex Brokers in El Salvador – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💷 Min. Deposit
🥇 GO Markets👉 Click Here✅Yes200 USD
🥈 FP Markets👉 Click Here✅YesAU$ 100
🥉 Tickmill👉 Click Here✅Yes100 USD
🏅 IC Markets👉 Click Here✅Yes200 USD
🎖️ Vantage👉 Click Here✅Yes50 USD
🥇 Pepperstone👉 Click Here✅YesAU$ 200

 

6 Best Forex Brokers in El Salvador (2024)

 

  1. ☑️ GO Markets – Overall, The Best Forex Broker in El Salvador
  2. ☑️ FP Markets – The Best Overall Trading Experience
  3. ☑️ Tickmill – The Best MetaTrader Forex Brokers
  4. ☑️ IC Markets – Popular Forex Broker for Beginners in El Salvador
  5. ☑️ Vantage – Low USD Minimum Deposit
  6. ☑️ Pepperstone – Leading Broker for Active and Established Traders

 

Go Markets Broker Review

 

GO Markets

GO Markets is a trusted Forex, CFD, and Financial Services Provider regulated by accredited agencies. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Live Trading Accounts available include Standard and GO+ Plus. Additionally, a Demo Account is available. Notable factors and features include:

 

  • 200 USD Minimum Deposit
  • Multiple Base Currencies, including AUD and USD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 50 Currency Pairs
  • No Inactivity Fee is Charged

 

GO Markets support MetaTrader 4, MetaTrader 5, and, cTrader. Trading Instruments include Forex, shares, indices, metals, commodities, and, Cryptocurrencies.

 

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

The benefits of Trading with GO Markets include a wide range of trading products like Forex, equities, indices, and commodities.

 

FP Markets

 

FP Markets

FP Markets is a highly trusted, established Forex and CFD Broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts Options include Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Notable factors and features to consider include:

 

  • Multiple Base Currencies, including JPY and SGD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • AU$ 100 Minimum Deposit
  • 24/7 Customer Support

 

Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, an FP Markets 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 access to multiple highly trusted deposit options and easy withdrawals.

 

Tickmill Review

 

Tickmill

Tickmill is a Highly Regulated Forex and CFD Broker. Regulations and Licenses include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro Accounts. In addition,  Islamic, Swap-Free, and Demo Accounts are available. Notable factors and features include:

 

  • USD, EUR, GBP, and, PLN Base Currencies
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs
  • 100 USD Minimum Deposit
  • No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MT4 and MT5. Moreover, a Proprietary 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 access to several Educational and Instructional Resources.

 

IC Markets Review

 

IC Markets

IC Markets is a popular global forex and CFD broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSA, and, the SCB. Trading Accounts include cTrader, Raw Spread, and, Standard Accounts. Notable Factors and Features include:

 

  • Copy and Social Trading via IC Social
  • 24/7 Customer Support
  • Access to over 60 Currency Pairs
  • Several Base Currencies, including AUD, USD, and, JPY
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500

 

IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and ZuluTrade. In addition, a Proprietary Mobile App is available. Products and Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

 

🔎 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

Broker Highlights include 24/7 Multilingual Customer Support. Languages supported include English, Spanish, Russian, Thai, Malay, Vietnamese, Italian, and, Portuguese.

 

Vantage Review

 

Vantage

Vantage is a well-established, multi-asset Forex Brokerage. License and Regulations include
include CIMA, VFSC, FSCA, and, ASIC. Accounts available include Standard STP, Raw ECN, and, PRO ECN. Moreover, a Demo Account is available. Notable Features and Factors include:

 

  • Copy and Social Trading
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • 50 USD Minimum Deposit
  • 24/5 Customer Support
  • No Inactivity Fee is Charged

 

Trading instruments include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, and, bonds. Vantage supports MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.

 

🔍 Broker🥇 Vantage Markets
💵 Minimum Deposit50 USD
4️⃣ Ease of use Rating4/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

Vantage Markets Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expensesSome payment methods, notably international bank transfers, might incur withdrawal fees
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent marketsSome services and product offers may be restricted based on your location due to legislative limits
Traders can use webinars, market analysis, and other instructional resourcesShare CFD trading expenses on Vantage Markets could be higher than those of certain rivals

 

Our Insights

The benefits of trading with Vantage include affordable Forex and CFD trading costs.

 

Pepperstone

 

Pepperstone

Pepperstone is a prominent Forex and CFD service provider. License and Regulations include
include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts include Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Options are available. In addition, notable Factors and Features include:

 

  • Leverage of up to 1:500 on the Pro Account
  • Access to over 70 Currency Pairs, including Major, Minor, and Exotic Pairs
  • No Inactivity Fee is Charged
  • 24/7 Multilingual Customer Support
  • USD and GBP Base Currencies
  • Spreads from 0.0 Pips

 

Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Moreover, a Proprietary Mobile App is available.

 

🔎 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 comprehensive educational resources.

 

Forex Trading El Salvador

 

Is Forex Trading Legal in El Salvador?

Forex Trading in El Salvador is legal and available without restriction. However, El Salvador doesn’t offer foreign exchange controls.

 

Is Forex Trading Legal in El Salvador?

 

In Conclusion

Forex Trading in El Salvador is Legal. However, there are no foreign exchange controls in the Country. Moreover, several international Forex Brokers accept local 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 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 Traders in El Salvador, 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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FAQs

Forex Trading in El Salvador is legal and available without restriction.

El Salvador doesn’t offer foreign exchange controls.

The United States Dollar.

The Tickmill Minimum deposit is 100 USD.

Vantage offers 24/5 Dedicated Customer Support.

No Inactivity Fee is Charged.

Leverage of up to 1:500 is offered.

Regulations include ASIC, CySEC, FSCA, FSA, and, FSC.

IC Markets supports Copy and Social Trading via IC Social.

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