6 Best Forex Brokers in Mali

Last Update: June 26th, 2024

 

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

 

In this in-depth guide, you will learn:

 

• The Best Forex Brokers in Mali – a List
• Is Forex Trading Legal in Mali?
• The Best MetaTrader 4 and MetaTrader 5 Forex Brokers
• The Best Forex Brokers for Beginners and Foreigners
• The Biggest Forex Brokers in Africa

 

and much, MUCH more!

 

 

6 Best Forex Brokers in Mali – a Comparison

 

 

6 Best Forex Brokers in Mali (2024)

 

1. ☑️ CMC Markets – Overall, the Best Forex Broker in Mali
2. ☑️ FXCM – The Best MetaTrader 5 Forex Broker
3. ☑️ Interactive Brokers – Best Forex Broker for Foreigners
4. ☑️ eToro – Best Forex Broker for Beginners and Active Traders
5. ☑️ XTB – Best Overall User Experience
6. ☑️ IC Markets – Best Mobile Trading Experience

 

 

CMC Markets

CMC Markets is a UK-based leading global provider of online trading and investing. Regulations include BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA. Accounts include CFD, Spread Betting, and, Corporate. Moreover, a Demo Account is available. No minimum deposit is required. In addition, notable Factors, Features, and Benefits to consider include:

 

• Commissions are charged on all accounts
• Leverage of up to 1:30
• Scaling and Hedging are allowed
• Spreads from 0.3 Pips
• An Inactivity Fee is charged

 

Furthermore, Trading Instruments available are Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and,  ETFs. CMC Markets support MetaTrader 4 and Next Generation. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

CMC Markets offers excellent pricing and an impressive selection of tradeable instruments.

 

 

FXCM

FXCM is a leading global provider of Forex and CFD Trading. Regulations include FCA, ASIC, CySEC, and, the FSCA. Accounts available are CFD Trading and Demo. Moreover, an Islamic Option is available. The minimum deposit is 50 USD. In addition, notable Factors, Features, and Benefits to consider include:

 

• Spreads from 0.2 Pips
• Over 40 Currency Pairs, including Major, Minor, and, Exotic
• Commission Free Trading
• An Affiliate Program
• Scalping and Hedging are provided
• An Inactivity Fee is charged

 

Furthermore, Trading Instruments available are Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets. Moreover, FXCM Supports Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade. In addition, a Proprietary Mobile Trading App is available.

 

 

Pros and Cons

 

 

Our Insights

FXCM is proven to be a reliable and well-regulated platform suited to all levels of traders. In addition, beginners will benefit from competitive pricing and trusted customer support.

 

 

Interactive Brokers

Interactive Brokers or IBKR is an American multinational brokerage firm. Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts available are IBKR Lite and IBKR Pro. Moreover, no minimum deposit is required. In addition, notable Factors, Features, and Benefits to consider include:

 

• Multiple Base Currencies including USD, AUD, and, CAD
• Spreads from 0.6 Pips
• Multilingual Customer Support
• Commissions are Charged

 

Furthermore, Trading Instruments available are Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, bonds. IBKR supports IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.

 

 

 

Pros and Cons

 

 

Our Insights

Interactive Brokers best suit institutional and high-volume traders. Moreover, active traders will benefit from the wide selection of Proprietary trading platforms available.

 

 

eToro

eToro is a social investment and multi-asset investment brokerage company. Regulations include CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, SIPC. A Standard Retail Account and Proprietary Trading Platform is available. The minimum deposit is 10 USD. In Addition, notable Factors, Features, and Benefits to consider include:

 

• Single USD Base Currency
• An Inactivity Fee is Charged
• Social and Copy Trading is Offered
• Over 50 Currency Pairs
• Multilingual Customer Support
• 24/5 Customer Support

 

Furthermore, Trading Instruments available are Forex, stocks, crypto CFDs, indices, commodities, and, ETFs.

 

 

 

Pros and Cons

 

 

Our Insights

eToro suits all levels of Traders. Moreover, Social and Copy Trading is provided.

 

 

XTB

XTB is a reliable and respected Forex and CFD Brokerage. Regulations include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts available are Stndard and Swap-Free. Moreover, a Demo Account is available. Moreover, no minimum deposit is required.

 

• Bonus offers and promotions on occasion.
• 24/5 Multilingual Customer Support
• Multiple Base Currencies
• Spreads from 0.5 Pips
• Leverage of up to 1:500

 

Furthermore, trading instruments available are Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. XTB supports xStation 5 and xStation Mobile.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with XTB include multilingual customer support and access to educational resources.

 

 

IC Markets

IC Markets is a well-regulated and trusted Financial Services provider. Regulations include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard. Moreover, a Demo Account is available. In addition, notable Factors, Features, and Benefits to consider include:

 

• 20 USD Minimum Deposit
• Social and Copy Trading
• 24/7 Customer Support
• Spreads from 0.0 Pips
• Leverage of up to 1:500

 

Moreover, Trading instruments available are Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. XTB supports MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with IC Markets include excellent educational resources.

 

 

In Conclusion

Forex Trading in Mali is available without restriction. However, it is not locally regulated. An International Forex Broker must be selected to trade Forex in Mali legally.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept Armenian Traders, we found 6 excellent options. In addition, each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Moreover, finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

You might also like:

 

• CMC Markets Review
• FXCM Review
• Interactive Brokers Review
• eToro Review
• XTB Review
• IC Markets Review