6 Best Forex Brokers in Palau

Last Update: June 26th, 2024

 

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

 

 

6 Best Forex Brokers in Palau (2024)

 

1. ☑️ Interactive Brokers – Overall, the Best Forex Broker in Palau
2. ☑️ Oanda – Best Overall Trading Experience
3. ☑️ IG – Popular Broker for Active Traders
4. ☑️ XTB – Low USD Minimum Deposit Broker
5. ☑️ Admirals – High User Trust Score
6. ☑️ 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.

 

 

 

Pros and Cons

 

 

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.

 

 

 

Pros and Cons

 

 

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.

 

 

 

Pros and Cons

 

 

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.

 

 

 

 

Pros and Cons

 

 

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.

 

 

 

Pros and Cons

 

 

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.

 

 

 

Pros and Cons

 

 

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.

 

 

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.

 

You might also like:

 

• Interactive Brokers Review
• Oanda Review
• IG Review
• XTB Review
• Admirals Review