6 Best Forex Brokers in Palau
The 6 Best Forex Brokers in Palau – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Palau.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Palau – a List
- Is Forex Trading Legal in Palau?
- The Best Forex Brokers for Beginners
- International Forex Brokers for Foreigners
- Low USD Minimum Deposit Forex Brokers
- The Best MT4 and MT5 Forex Brokers
And much, MUCH more!
6 Best Forex Brokers in Palau – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💷 Min. Deposit |
| 🥇 Interactive Brokers | 👉 Click Here | ✅Yes | None |
| 🥈 Oanda | 👉 Click Here | ✅Yes | None |
| 🥉 IG | 👉 Click Here | ✅Yes | 50 USD |
| 🏅 XTB | 👉 Click Here | ✅Yes | None |
| 🎖️ Admirals | 👉 Click Here | ✅Yes | 25 USD |
| 🥇 FXCM | 👉 Click Here | ✅Yes | 50 USD |
6 Best Forex Brokers in Palau (2024)
- ☑️ Interactive Brokers – Overall, the Best Forex Broker in Palau
- ☑️ Oanda – Best Overall Trading Experience
- ☑️ IG – Popular Broker for Active Traders
- ☑️ XTB – Low USD Minimum Deposit Broker
- ☑️ Admirals – High User Trust Score
- ☑️ FXCM – Best Online Trading Experience
Interactive Brokers
IBKR, or Interactive Brokers, is amongst the highest-regulated Forex, CFD, and Financial Services Providers. Licenses and Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and MAS. Accounts available are IBKR Lite and IBKR Pro.
Supported Trading Platforms include BKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and IBKR Impact. IBKR Impact is a proprietary mobile app. Notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including CAD and EUR
- Spreads from 0.6 Pips
- Leverage of up to 1:30
In addition, trading instruments and products include Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and Bonds. Several deposit options are offered to fund an account, including SEPA, ETF, and BPAY.
| 🔎 Broker | 🥇 Interactive Brokers |
| 💴 Min. Deposit | None |
| 💶 Inactivity Fee | None |
| 📈 Tradable Assets | Forex, Metals, Futures, ETFs |
| 🪙 Crypto Trading | ✅Yes |
| 📉 MT4 / MT5 | None |
| 📊 Proprietary Platforms | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 🤝 Customer Support | 24/7 |
| ✏️ Education | ✅Yes |
| 📍 Account Types | IBKR Pro and Lite |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low commissions and fees | Intimidating Platform |
| Excellent educational materials | Complex tiered pricing plans |
| Reliable trade execution | Lacking Customer Support |
Our Insights
The benefits of trading with Interactive Brokers include access to the IBKR Campus and Traders’ Academy.
OANDA
OANDA is a well-established Forex and CFD Broker that operates in regulatory compliance with top-tier agencies. Its licenses and Regulations include IIROC, ASIC, CFTC, NFA, FCA, FFAJ, JFSA, MAS, MFSA, and the BVI FSC.
Live Trading Accounts available include Standard, Core, Swap-Free, Premium, and Premium Core Options. Moreover, a Demo Account is available. Notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including USD and HKD
- Spreads from 01 Pips
- Access to over 40 Currency Pairs
OANDA supports FxTrade, MetaTrader 4, and, MetaTrader 5. In addition, a Proprietary Mobile App is available.
| 🔎 Broker | 🥇 OANDA |
| 💶 Minimum Deposit | None |
| 📌 Account Types | Standard, Elite Trader |
| 🆓 Demo Account | ✅Yes |
| 🎁 Bonus Offers | ✅Yes |
| ✏️ Education | ✅Yes |
| 📲 Mobile Trading | ✅Yes |
| 🖱️ Trading Platform | MetaTrader 4 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great trading platforms | Only FX and CFD available for most clients |
| Outstanding research tools | Lacking Customer Support |
| Low trading fees | Inactivity fee |
Our Insights
Broker Highlights include great trading platforms, outstanding research tools, and, low overall trading fees.
IG
IG is a well-established and trusted broker committed to client safety. License and Regulations include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and BMA. Accounts available are:
- CFD/DMA Trading Account
- Limited Risk Trading Account
- Options Trading Account
- Turbo24 Trading Account
- Share Dealing Account
- Spread Betting Account
- Swap-Free Trading Account
- Demo Account
The Turbo24 Trading Account offers traders 24/7 access to trading exchange-traded items, whereas the Share Dealing Account allows clients to invest directly in shares. Supported trading platforms include MetaTrader 4, ProRealTime (PRT), L2 Dealer, and FIX API.
In addition, an IG Proprietary Mobile Platform is available. Instruments available for trade include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and interest rates.
| 🔎 Broker | 🥇 IG |
| 📌 Year Founded | 1974 |
| 👤 Amount of Staff | 2,000+ |
| 👥 Amount of Active Traders | 300,000+ |
| 📍 Publicly Traded | ✅Yes |
| 🛡️Regulation | FCA, ASIC, CFTC, NFA, BaFin |
| 🌎 Country of Regulation | UK, Australia, US, Germany |
| ↪️ Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| ⭐ Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP |
| 💶 Minimum Deposit | $250 |
| ⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💷 Fund Withdrawal Fee | None |
| 📈 Spreads from | 0.6 pips |
| 📉 Commissions | None |
| 💰 Number of Base Currencies Supported | 5 |
| 📊 Swap Fees | Applicable |
| ⚙️ Leverage | Up to 1:30 (Retail) |
| 🔖 Margin Requirements | Varies by asset |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏲️ Order Execution Time | 0.1 seconds |
| 🖱️ VPS Hosting | ✅Yes |
| ✔️CFDs Total | 17,000+ |
| 📌 CFD Stock Indices | 80+ |
| 🍎 CFD Commodities | 30+ |
| 📍 CFD Shares | 12,000+ |
| 💴 Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 🖥️ Trading Platforms | MetaTrader 4, ProRealTime, L2 Dealer, IG Trading Platform |
| 💻 OS Compatibility | Windows, MacOS, Android, iOS |
| 📐 Forex Trading Tools | Economic calendar, Autochartist, Trading signals |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email | ✅Yes |
| ☎️ Customer Support Contact Number | ✅Yes |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn |
| ✏️ Languages Supported | Multiple languages |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📒 Educational Resources | Articles, Videos, Tutorials |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | Not specified |
| 🗄️ IB Program | ✅Yes |
| 📇 Notable Events or Teams | ✅Yes |
| 🪙 Rebate Program | ✅Yes |
| 💴 Cent or Micro Accounts | None |
| 🚀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 a strong regulatory framework, broad market access, and extensive training resources.
XTB
XTB is a highly regulated and trusted Forex Broker licensed and Regulated by the FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and IFSC. Accounts available are Standard, Swap-Free, Professional, and Demo Account options. Moreover, No minimum Deposit is required. Notable Factors and Features include:
- 24/5 Customer Support
- USD, EUR, and GBP Base Currencies
- Spreads from 0.5 Pips
- Leverage of up to 1:500
Supported Trading Platforms include xStation 5 and xStation 5 Mobile. The XTB Mobile platform covers forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies, whereas the xSation 5 platform offers advanced features for traders of all skill levels.
| 🔍 Broker | 🥇 XTB |
| 📌 Year Founded | 2002 |
| 👤 Amount of Staff | Approximately 2,000 |
| 👥 Amount of Active Traders | Over 500,000 |
| 📍 Publicly Traded | Warsaw Stock Exchange |
| 📈 Regulation | FCA, KNF, IFSC, CySEC |
| 🌎 Country of Regulation | UK (FCA), Poland (KNF) |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💰 Minor Account Currencies | Major, Minor |
| 💴 Minimum Deposit | Varies by account type |
| ⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💶 Fund Withdrawal Fee | None |
| 📐 Spreads From | From 0.1 pips |
| 💶 Commissions | Variable |
| 💵 Number of Base Currencies Supported | 30+ |
| 💷 Swap Fees | ✅Yes |
| 🔖 Leverage | Up to 1:500 |
| 🏷️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖇️ Order Execution Time Seconds | Milliseconds - |
| 🖥️ VPS Hosting | Select accounts |
| 📈 CFDs Total | Over 2,000 |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
| 🖱️ Trading Platforms | xStation 5 |
| ⭐ OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex Trading Tools | Charting tools, technical analysis |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | Varies by region |
| 💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
| 🚩 Languages Supported | Multiple languages |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, tutorials, etc. |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| 🔖 Notable Events or Teams | ✅Yes |
| 🏷️ Rebate Program | ✅Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Islamic Account | Inactivity fee |
| Free Deposit and Withdrawal | High conversion fee |
Our Insights
Broker Highlights include access to several trusted Deposit options and fast, secure withdrawals.
Admirals
Admirals Markets, or Admirals, is a renowned Forex and CFD Service Provider. Regulations by acclaimed and trusted agencies include the FCA, ASIC, CySEC, JSC, FSCA, FSA, and the CMA. Account available include:
- Trade.MT4 and Zero.MT4
- Trade.MT5 and Invest.MT5
- Zero.MT5 and Bets.MT5
In addition, Islamic, Swap-Free, and Demo Trading are available. Admirals support MetaTrader 4 and MetaTrader 5. Moreover, an Admirals Mobile App is available. Trading instruments include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and Bonds.
| 🔎Broker | 🥇Admirals |
| 💴Minimum Deposit | 25 USD |
| 🎉Established Year | 2001 |
| ⏰Support Hours | 24/5 |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
| 📈Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Islamic Account | Inactivity fee |
| Free Deposit and Withdrawal | No 24/7 customer service |
Our Insights
The benefits of trading with Admirals include Multilingual Customer Support. Languages supported include English, German, French, Italian, Romanian, Spanish, Portuguese, Russian, Polish, and more.
FXCM
FXCM is a distinguished and respected Forex and CFD Broker regulated by the FCA, ASIC, CySEC, and the FSCA. Account options include CFD Trading, Professional, Islamic, and Demo Accounts. The minimum deposit is 50 USD. Notable factors and Features include:
- Scalping and Hedging
- An Affiliate Program
- Spreads from 0.2 Pips
- Leverage of up to 1:400
Supported Trading Platforms include Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and ZuluTrade. Trading Instruments available are Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and Stock Baskets.
| 🔍 Broker | 🥇 FXCM |
| 💵 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 |
| Multitude of educational materials | High Currency conversion fees |
| Multiple Account Types | Narrow asset portfolio |
| 24-hour multilingual customer | Limited Trading Platforms |
Our Insights
The benefits of trading with FXCM include 24/7 Multilingual Customer Support and numerous educational resources.
Is Forex Trading Legal in Palau?
Forex Trading in Palau is Legal and governed by The Financial Institutions Commission.
In Conclusion
Forex Trading in Palau is offered without restriction. Moreover, it falls under the Regulatory Authority of the Finacial Institutions Commission. In addition, several 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 | FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC | USD 100 | Visit Broker |
| 🥉 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | ASIC, FCA, CySEC, SCB | USD 100 | Visit Broker |
| 6 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | 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 Palau, 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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Faq
Forex Trading in Palau is Legal.
The Financial Institutions Commission.
The United States Dollar.
Interactive Brokers off leverage of up to 1:30.
MetaTrader 4 and MetaTrader 5 are available.
Forex, Indices, Commodities, Stocks, ETFs, and, Crypto CFDs.
24/5 Customer Support is available.
The FXCM minimum deposit is 50 USD.
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