6 Best Forex Brokers in Marshall Islands
Last Update: June 26th, 2024
The 6 Best Forex Brokers in the Marshall Islands – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in the Marshall Islands.
In this in-depth guide, you will learn:
- The Best Forex Brokers in the Marshall Islands – a List
- Is Forex Trading Legal in the Marshall Islands?
- The Best Forex Brokers for Beginners and Foreigners
- The Best MetaTrader 4 and MetaTrader 5 Forex Brokers
- Low USD Minimum Deposit Forex Brokers
and much, MUCH more!
6 Best Forex Brokers in the Marshall Islands – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💴 Min. Deposit |
🥇 IC Markets | 👉 Click Here | ✅Yes | 200 USD |
🥈 Tickmill | 👉 Click Here | ✅Yes | 100 USD |
🥇 FP Markets | 👉 Click Here | ✅Yes | AU$ 100 |
🏅 Pepperstone | 👉 Click Here | ✅Yes | AU$ 200 |
🎖️ GO Markets | 👉 Click Here | ✅Yes | 200 USD |
🥇 Vantage | 👉 Click Here | ✅Yes | 50 USD |
6 Best Forex Brokers in the Marshall Islands (2024)
- ☑️ IC Markets – Overall, the Best Forex Broker in the Marshall Islands
- ☑️ Tickmill – Best Overall Trading Experience
- ☑️ FP Markets – High User Trust Score
- ☑️ Pepperstone – The Best Online Trading Experience
- ☑️ GO Markets – Best Mobile Trading Experience
- ☑️ Vantage – Low USD Minimum Deposit
IC Markets
IC Markets is a competitive and well-established Forex and CFD Broker with a 94 out of 99 trust score. License and Regulations include ASIC, CySEC, FSA, and, the SCB. In addition, Notable Factors and Features include:
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
- No Inactivity Fee is Charged
- 24/7 Customer Support
- Multiple Base Currencies, including EUR and CAD
Account Options and Trading Platforms include:
- cTrader, Raw Spread, Islamic, Standard, and, Demo Accounts
- MetaTrader 4 and MetaTrader 5
- cTrader
- IC Social
- Signal Start
- ZuluTrade
Several Funding Options are available, PayPal, Skrill, UnionPay, and, Bank Wire Transfer. Trading instruments and Products include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.
🔎 Broker | 🥇 IC Markets |
💴 Minimum Deposit | 200 USD |
💵 Inactivity Fee | None |
📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
5️⃣ Ease of Use Rating | 5/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅Pros | ❌Cons |
Affordable forex and CFD trading costs | High minimum deposit requirement |
Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
The Benefits of trading with IC Markets include access to impressive educational resources and 24/7 Dedicated Customer Support.
Tickmill
Tickmill is an established and trusted Forex and CFD Brokerage with a trust score of 83 out of 99. License and Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. In addition, Notable Factors and Features include:
- No Inactivity Fee is Charged
- Spreads from 0.0 Pips
- A 30 USD Welcome Account
- Promotions and Contests
- Multiple Base Currencies, including USD, EUR, and, GBP
- Leverage of up to 1:500
Account Options and Trading Platforms include:
- VIP, Classic, Pro, Islamic, and, Demo Accounts
- MetaTrader 4 and MetaTrader 5
- A Proprietary Mobile App
Several Funding Options are available, including Crypto Payments, Skrill, and, Neteller. Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs.
🔎 Broker | 🥇 Tickmill |
💴 Minimum Deposit | $100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
📉 Leverage | 1:500 |
💶 Currency Pairs | 62, major, minor, and exotic pairs |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
The Benefits of trading with Tickmill include access to several Bonus Offers, Promotions, and, Trader Competitions.
FP Markets
FP Markets is a highly trusted Forex Broker regulated in several regions with a trust score of 87 out of 99. License and Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Notable Factors and Features include:
- No Inactivity Fee is Charged
- Multilingual Customer Support
- A Commission Fee is Charged
- Multiple Base Currencies, including AUD, CAD, and, GBP
- Spreads from 0.0 Pips and Leverage of up to 1:500
Account Options and Trading Platforms include:
- Standard, Raw, Islamic Standard, Islamic Raw, and, Demo Accounts
- MetaTrader 4 and MetaTrader 5
- IRESS
- cTrader
- A Proprietary Mobile App
Several Funding Options are available, including Neteller, Skrill, Asia Bank, Virtual Pay, and, Credit Cards. Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.
🔎 Broker | 🥇 FP Markets |
💴 Minimum Deposit | AU$100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips |
📉 Leverage | 1:500 |
💶 Currency Pairs | Major, Minor, Exotic |
📌 Regulations | ASIC, CySEC, FSCA, FSA, FSC |
5️⃣ Ease of Use Rating | 4/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/7 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
FP Markets is regulated in several regions | There are limited instruments offered |
MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
Tight Spreads | Withdrawal fees apply |
There are low forex fees | No sign-up or no-deposit bonus |
Our Insights
The benefits of trading with FP Markets include multilingual customer support and access to in-depth technical analysis via video courses, seminars, and eBooks.
Pepperstone
Pepperstone is a highly regulated and trusted Forex Broker with a 98 out of 99 trust score. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. In addition, Notable Factors and Features include:
- Client Fund Segregation
- 24/7 Multilingual Customer Support
- USD and GBP Base Currencies
- Spreads from 0.0 Pips
- Access to over 70 Currency Pairs
- Scalping and Hedging
Account Options and Trading Platforms include:
- Standard, Razor, Islamic, and, Demo Accounts
- TradingView
- MetaTrader 4 and MetaTrade 5
- cTrader
- Capitalise.ai
Several Funding Options are available, including MPESA, PayPal, Neteller, Poli, and, Skrill. Trading instruments and Products include Forex, Commodities, Indices, Currency indices, Cryptocurrencies, Shares, and, ETFs.
🔎 Broker | 🥇 Pepperstone |
💴 Minimum Deposit | AU$200 |
📈 Account Types | Standard Account, Razor Account |
💵 Base Currencies | USD, GBP |
📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
💶 Currency Pairs | 70, minor, major, and exotic pairs |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Fully digital account opening | Mostly CFDs offered |
Great customer service | Basic Trading Platforms |
Our Insights
The Benefits of trading with Pepperstone include educational resources suited to all skill levels.
GO Markets
GO Markets is a global Forex and CFD Services provider with a trust score of 98 out of 99. Regulations by acclaimed and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. In addition, Notable Factors and Features include:
- Multiple Base Currencies, including EUR and NZD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 50 Currency Pairs
Account Options and Trading Platforms include:
- Standard, GO+ Plus, and, Demo Accounts
- MetaTrader 4 and MetaTrader 5
- cTrader
Several Funding Options are available, including Credit Cards, Debit Cards, Skrill, Neteller, and, Bank Wire Transfers. Trading instruments and Products include Forex, Shares, Indices, Metals, Commodities, and, Cryptocurrencies.
🔎 Broker | 🥇 GO Markets |
💴 Minimum Deposit | 200 USD |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips |
📉 Leverage | 1:500 |
🪙 Currency Pairs | 50+; minor, major, exotic pairs |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Competitive Spreads | Not FCA Regulated |
Our Insights
The benefits of trading with GO Markets include access to impressive education, including Inner Circle Webinars, Up-to-Date News, and Analysis.
Vantage
Vantage, previously known as Vantage FX and Vantage Markets, is a trusted Brokerage with a trust score of 89 out of 90. Regulations by acclaimed and trusted agencies include CIMA, VFSC, FSCA, and, ASIC. In addition, Notable Factors and Features include:
- Refer a Friend Bonus
- Copy and Social Trading
- Multiple Base Currencies, including USD and AUD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
Account Options and Trading Platforms include:
- Standard STP, Raw ECN, Pro ECN, and, Demo Accounts
- MetaTrader 4 and MetaTrader 5
- ProTrader
- Vantage Mobile App
- Vantage Copy Trading
- ZuluTrade
- DupliTrade
- MyFXBook Autotrader
Several Funding Options are available, including Credit Cards, Debit Cards, China UnionPay, Neteller, and, Skrill. Trading instruments and Products include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, bonds, and, crypto CFDs.
🔍 Broker | 🥇 Vantage Markets |
💵 Minimum Deposit | 50 USD |
4️⃣ Ease of use Rating | 4/5 |
🎁 Bonuses | ✅ Yes |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expenses | Some payment methods, notably international bank transfers, might incur withdrawal fees |
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted based on your location due to legislative limits |
Traders can use webinars, market analysis, and other instructional resources | Share CFD trading expenses on Vantage Markets could be higher than those of certain rivals |
Our Insights
The benefits of trading with Vantage include narrow spreads on the ECN account options.
Is Forex Trading Legal in the Marshall Islands?
Forex Trading in the Marshall Islands is legal, available without restriction, and, extremely popular. However, it is not locally regulated. Therefore, an International Forex Broker must be selected to Trade Forex legally.
In Conclusion
Forex Trading in the Marshall Islands is extremely popular. However, it is not locally regulated. Therefore, an International Forex Broker must be selected to Trade Forex legally.
Broker | Review | Regulators | Min Deposit | Website | |
---|---|---|---|---|---|
🥇 | ![]() | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
🥈 | ![]() | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
🥉 | ![]() | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker |
4 | ![]() | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
5 | ![]() | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker |
6 | ![]() | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
7 | ![]() | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
8 | ![]() | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
9 | ![]() | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
10 | ![]() | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Traders from the Marshall Islands, 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
- Pepperstone Review
- GO Markets Review
- Vantage Review
Forex Trading is Legal and available without restriction in the Marshall Islands.
Forex Trading is not regulated by a Local Authority.
The United States Dollar.
24/7 Multilingual Customer Support is available.
Tickmill supports MetaTrader 4 and MetaTrader 5.
The FP Markets minimum deposit is AU$100.
A Commission fee of AU$7 per round turn, per standard lot, is charged on the Razor Account.
No Inactivity Fee is Charged.
Vantage Markets offers multiple educational resources, including a Vantage Academy.