6 Best Forex Brokers in Nauru
Last Update: June 26th, 2024
The 6 Best Forex Brokers in Nauru – Rated and Reviewed. We have listed the Best Forex Broker accepting Traders in Naura.
In this in-depth guide you will learn:
- The Best Forex Brokers in Nauru – a List
- Is Forex Trading Legal in Nauru?
- The Best Forex Brokers for Beginners and Foreigners
- Low AU$ Minimum Deposit Forex Brokers
- Leading MT4 and MT5 Forex Brokers
and much, MUCH more!
6 Best Forex Brokers in Nauru – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💴 Min. Deposit |
🥇 Trade Nation | 👉 Click Here | ✅Yes | None |
🥈 Pepperstone | 👉 Click Here | ✅Yes | AU$ 200 |
🥉 Tickmill | 👉 Click Here | ✅Yes | AU$ 150,19 |
🏅 FP Markets | 👉 Click Here | ✅Yes | AU$ 100 |
🎖️ IC Markets | 👉 Click Here | ✅Yes | AU$ 300,38 |
🏆 IG | 👉 Click Here | ✅Yes | AU$ 75,09 |
6 Best Forex Brokers in Nauru (2024)
- ☑️ Trade Nation – Overall, the Best Forex Broker in Nauru
- ☑️ Pepperstone – High User Trust Score
- ☑️ Tickmill – Best Mobile Trading Experience
- ☑️ FP Markets – Best Online Trading Experience
- ☑️ IC Markets – The Best MT4 and MT5 Forex Broker
- ☑️ IG – Low AU$ Minimum Deposit
Trade Nation
Trade Nation is a well-regarded Forex and CFD Broker with a trust score of 90 out of 99. License and Regulations include the FCA, ASIC, FSCA, SCB, and, the FSA. Accounts available include:
- Low Leverage Account: Available to EU, UK, and Australian Traders
- High Leverage Account: Available to Bahama and South African Traders
Trading Platforms supported include MetaTrader 4 and a Proprietary Trading Platform. Several trusted deposit options are accepted, including Credit Cards, Debit Cards, and, Bank Wire Transfers. Notable Factors and Features include:
- 24/5 Multilingual Customer Support
- Spreads from 0.3 Pips EUR/USD
- Leverage of up to 1:30 FCA and ASIC
- Leverage of up to 1:200 FSCA and SCB
- No Minimum deposit is required
Trading Instruments and Products include Forex pairings, indices, and commodities.
🔍 Broker | 🥇Trade Nation |
💵 Minimum Deposit | 0 USD |
4️⃣ Ease of use Rating | 4/5 |
🎁 Bonuses | None |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
TradeStation has low intraday margins of 10% | There is a deep learning curve for beginner traders |
Commissions start from $0.50 on Micro E-Mini Futures | Inactivity fees are charged |
TradeStation offers several trading options on futures | There are limits to fundamental research |
Traders can access TradeStation matrix for order entries | Subscription costs apply |
Our Insights
The benefits of trading with Trade Nation include impressive educational resources, including Articles, Tutorials, and, Trading Guides.
Pepperstone
Pepperstone is a highly trusted and regulated Forex and CFD Service Provider. Regulations by acclaimed and trusted agencies include the SCB, FCA, ASIC, BaFin, CMA, CySEC, and, the DFSA. Account Options include:
- Standard Account: Suitable to All Traders
- Razor Account: Best Suited to Scalpers, Day Traders, and Automatic Traders
Moreover, Islamic, Swap-Free, and Demo Account Options are available. Supported Trading Platforms include TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. Notable Factors and Features include:
- United States Dollar and Great British Pound Base Currencies
- Leverage of up to 1:500 on the Pro and 1:200 on the Retail Account
- Access to over 70 Currency Pairs
- No Inactivity Fee is Charged
- Multilingual Customer Support
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 a Fast, Secure Account Setup and several impressive security measures.
Tickmill
Tickmill is a well-established and highly regulated Forex and CFD Brokerage. License and Regulations include the FCA, CySEC, Labuan FSA, FSCA, and, the Seychelles FSA. Accounts options include:
- Pro Account: Best Suited to Professional Traders.
- Classic Account: Best Suited to Beginners, Casual Traders, and, Retail Traders.
- VIP Account: Best Suited to Day Traders and Scalpers.
Moreover, an Islamic Account and Demo Trading Option is available. Trading Platforms supported include MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available for Download. Notable Factors and Features include:
- Bonus Offers, Trader Contests, and, Promotions
- 24/5 Customer Support
- USD, EUR, GBP, and, PLN Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
- No Inactivity Fee is Charged
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 several trusted Deposit Options, including Credit and Debit Cards, Skrill, and, Neteller. Moreover, Withdrawals are Prompt and Secure.
FP Markets
FP Markets is a well-established, trusted, and highly regulated Forex and CFD Broker. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Account Options include:
- Standard Account – Suited to Beginners and Casual Traders
- Raw Account – Ideal for Scalpers and Algorithmic Traders
- Islamic Account – Swap-Free Option for Beginners and Casual Traders
- Islamic Raw Account – Swap-Free Option for Scalpers and Algorithmic Traders
In addition, a Demo account is available. Trading Platforms supported are MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. Moreover, a Proprietary Mobile App is available. Notable Factors and Features include:
- Multiple Base Currencies, including AUD, CAD, and, GBP
- No Inactivity Fee is Charged
- 24/7 Dedicated Customer Support
- Spreads from 0.0 Pips
- Leverage of up to 1:500
Deposit Options accepted include FasaPay, Skrill, Neteller, Bank Transfers, and, PerfectMoney. 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 multiple trading platforms, tight spreads, and, Low Forex Fees.
IC Markets
IC Markets is a renowned online retail forex and CFD broker. Moreover, it has a trust score of 94 out of 99. License and Regulations include ASIC, CySEC, FSA, and, the SCB. Account Options include:
- cTrader Account – Suited to All Traders using the cTrader Platform.
- Raw Spread Account – Best Suited to Scalpers, Day Traders, and, Active Traders.
- Standard Account – Ideal for Beginners and Casual Traders.
Moreover, Islamic and Demo Trading is supported. Trading Platforms supported are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. In addition, Copy and Social Trading are available. Notable Factors include:
- 24/7 Multilingual Customer Support
- Several Base Currencies, including AUD and SGD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 60 Currency Pairs
Funding Options include Neteller, Skrill, Bank Wire Transfers, and, UnionPay. 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
Broker Benefits of selecting IC Markets include access to a Comprehensive Education and Research Selection.
IG
IG is amongst the highest regulated and trusted Global Brokerage Firms. License and Regulations include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, the BMA. Accounts available are:
- CFD/DMA Trading Account – Available in All Regions
- Limited Risk Trading Account – Available in the EU
- Options Trading Account – Available in the EU
- Turbo24 Trading Account – Available in the EU
- Share Dealing Account – Available in Australia
- Spread Betting Account – Available in the United Kingdom
- Swap-Free Trading Account – Available in Dubai
Supported Trading Platforms are MetaTrader 4, ProRealTime (PRT), L2 Dealer, and, FIX API. In addition, a Proprietary Mobile App is available for Download. Notable features include:
- Spreads from 0.1 Pips
- 24/7 Dedicated Customer Support
- Access to over 8- Currency Pairs
- Access to an Affiliate Program
Trading instruments and Products include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest rates.
🔎Broker | 🥇IG |
📈 Regulation and Licenses | FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
📉 Ease of Use | 4/5 |
📊 Support Hours | 24/7 |
💻 Trading Platforms | MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API |
💴 Base Currencies | USD |
📊 Spreads | From 0.1 pips DMA |
📌 Leverage | 1:222 (Pro), 1:30 (EU, UK, Retail) |
💸 Currency Pairs | 80+; major, minor, and exotic pairs |
💳 Minimum Deposit | From 50 USD (differs per region) |
🚫 Inactivity Fee | Yes, 12 USD after 2 years of inactivity |
📍 Website Languages | English |
💰 Fees and Commissions | Spreads from 0.1 pips, commissions from 0.10% |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Access to over 17,000 instruments across markets | Limitations on customer support hours |
Investing opportunities for high-volume traders | Inactivity fees apply |
Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The benefits of trading with IG include access to a unique web-based platform, mobile apps, and compatibility with MetaTrader 4 (MT4).
Is Forex Trading Legal in Nauru?
Forex Trading in Nauru is Legal and available without restrictions. Moreover, Nauru caters to varying levels of Brokerage actions by offering different categories of permits.
In Conclusion
The Popularity of Forex Trading in Nauru has spiked in recent years. Moreover, the country caters to varying levels of Brokerage actions. In addition, multiple International Forex Brokers accept local traders.
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 in Nauru, 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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Forex Trading in Nauru is Legal and available without restrictions. Moreover, Nauru caters to varying levels of Brokerage actions by offering different categories of permits.
24/5 Customer Support is available.
Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.
The FP Markets minimum deposit is AU$ 100.
Over 60 Currency Pairs, including Major, Minor, and, Exotic Pairs.
Deposit Options accepted include PayPal, Credit Cards, Debit Cards, and, Bank Wire Transfers.