6 Best Forex Brokers in Saint Lucia

Edited by: Louis Schoeman

Forex Brokers Saint Lucia

 

The 6 Best Forex Brokers in Saint Lucia – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Saint Lucia.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Saint Lucia – a List
  • Is Forex Trading Legal in Saint Lucia?
  • The Best Forex Brokers for Beginners and Foreigners
  • Low XCD Minimum Deposit Forex Broker

 

and much, MUCH more!

 

6 Best Forex Brokers in Saint Lucia

 

6 Best Forex Brokers in Saint Lucia – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Local Traders💷 Min. Deposit (XCD)
🥇 GO Markets👉 Click Here✅YesEC$ 540,51
🥈 FP Markets👉 Click Here✅YesEC$ 178,61
🥉 Tickmill👉 Click Here✅YesEC$ 270,25
🏅 IC Markets👉 Click Here✅YesEC$ 540,51
🎖️ Vantage👉 Click Here✅YesEC$ 135,13
🥇 XM👉 Click Here✅YesEC$ 13,51

 

6 Best Forex Brokers in Saint Lucia (2024)

 

  1. ☑️ GO Markets – Overall, the Best Forex Broker in St.Lucia
  2. ☑️ FP Markets – Best MetaTrader Forex Broker
  3. ☑️ Tickmill – Best Overall Trading Experience
  4. ☑️ IC Markets – Best Online Trading Experience
  5. ☑️ XM – Best Mobile Trading Experience

 

Go Markets Broker Review

 

GO Markets

GO Markets is a highly regulated and reliable Forex and CFD services Provider. Regulations by acclaimed and trusted agencies include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. Accounts available are Standard and GO+ Plus. Moreover, a Demo Account is available. Notable factors and features to consider include:

 

  • 200 USD Minimum Deposit
  • Multiple Base Currencies, including AUD and USD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 50 Currency Pairs
  • No Inactivity Fee is Charged

 

Trading Instruments and Products include Forex, shares, indices, metals, commodities, and, Cryptocurrencies. GO Markets support MetaTrader 4, MetaTrader 5, and, cTrader.

 

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

The benefits of Trading with GO Markets include access to multiple base currencies and several trusted Deposit Options.

 

FP Markets

 

FP Markets

FP Markets is a well-established Forex and CFD Services provider regulated in several prominent regions. Regulations by acclaimed and trusted agencies include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. Additionally, notable factors and features include:

 

  • 24/7 Customer Support
  • Multiple Base Currencies, including JPY and SGD
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • AU$ 100 Minimum Deposit

 

Trading instruments and Products include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds.

 

🔎 Broker🥇 FP Markets
💴 Minimum DepositAU$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💶 Currency PairsMajor, Minor, Exotic
📌 RegulationsASIC, CySEC, FSCA, FSA, FSC
5️⃣ Ease of Use Rating4/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

FP Markets

 

Pros and Cons

 

✅ Pros❌ Cons
FP Markets is regulated in several regionsThere are limited instruments offered
MetaTrader, cTrader, and IRESS are availableresearch tools are not extensive
Tight SpreadsWithdrawal fees apply
There are low forex feesNo sign-up or no-deposit bonus

 

Our Insights

The Benefits of trading with FP Markets include access to Multilingual Customer Support. Supported Languages include English, Arabic, German, Portuguese, Vietnamese, Indonesian, French, Malay, Italian, and, Russian.

 

Tickmill Review

 

Tickmill

Tickmill is a prominent Forex and CFD Broker. Regulations by acclaimed and trusted agencies include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available are VIP, Classic, and, Pro Accounts. In addition Islamic, Swap-Free, and Demo Accounts are available. Notable factors and features to consider include:

 

  • USD, EUR, GBP, and, PLN Base Currencies
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Access to over 60 Currency Pairs
  • 100 USD Minimum Deposit
  • No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Tickmill supports MT4 and MT5. Moreover, a Proprietary Mobile App is available.

 

🔎 Broker🥇 Tickmill
💴 Minimum Deposit$100
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

Tickmill Overview

 

Pros and Cons

 

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited Trading Platforms

 

Our Insights

The benefits of trading with Tickmill include access to several Bonus Offers, Competitions, and, Promotions. Additionally, a 30 USD Welcome Account is available.

 

IC Markets Review

 

IC Markets

IC Markets stands out as a powerful forex and CFD broker. License and Regulations include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and, Standard Accounts. In addition, a Proprietary Mobile App is available. Notable Factors and Features include:

 

  • Several Base Currencies, including AUD, USD, and, JPY
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • Copy and Social Trading via IC Social
  • 24/7 Customer Support
  • Access to over 60 Currency Pairs

 

Products and Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures.

 

🔎 Broker🥇 IC Markets
📌 Year Founded2007
👤 Amount of Active TradersOver 1 million
📍 Publicly TradedNone
🛡️ RegulationFSA (Seychelles)
🌎 Country of RegulationSeychelles
🔃 Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
🧾 Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💴 Minor Account CurrenciesMajor and Minor
💶 Minimum Deposit200 USD
⚡ Average Deposit/Withdrawal Processing TimeTypically 1-2
business days
💵 Fund Withdrawal FeeGenerally no fee
🔖 Spreads FromFrom 0.0 pips
💷 CommissionsVariable
🪙 Number of Base Currencies Supported10+
💳 Swap Fees✅Yes
🏷️ LeverageUp to 1:500
🖇️ Margin RequirementsVaries
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
🖥️ Order Execution TimeMilliseconds
💻 VPS Hosting✅Yes
📈 CFDs Total OfferedExtensive Range
📉 CFD Stock IndicesMajor global indices
🍎 CFD CommoditiesOil, gold, etc.
📊 CFD SharesMajor global stocks
💴 Deposit OptionsBank transfer,
credit/debit,
e-wallets
💶 Withdrawal OptionsBank transfer,
credit/debit,
e-wallets
🖥️ Trading PlatformsMetaTrader 4 (MT4),
MetaTrader 5 (MT5),
cTrader
💻 OS CompatibilityWindows,
macOS,
iOS,
Android
🖱️ Forex Trading ToolsAdvanced charting
tools, etc.
🥰 Live Chat Availability✅Yes
☎️ Customer Support Contact NumberVaries by region
💙 Social Media PlatformsTwitter,
Facebook,
LinkedIn,
Instagram
😎 Languages SupportedMultiple Languages
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 Educational Resources✅Yes
🤝 Affiliate Program✅Yes
🫶 Amount of PartnersNumerous global
partners
🫰🏻 IB Program✅Yes
↪️ Do They Sponsor Any Notable Events or Teams✅Yes
⭐ Rebate Program✅Yes
🚀Open an Account👉 Click Here

 

IC Markets

 

Pros and Cons

 

✅Pros❌Cons
Affordable forex and CFD trading costsHigh minimum deposit requirement
Comprehensive education and researchNo investor protection for non-EU customers

 

Our Insights

Broker Highlights include 24/7 Trusted Multilingual Customer Support. In Addition, Languages supported include English, Spanish, Russian, Thai, Malay, Vietnamese, Italian, Portuguese, and more.

 

Vantage Review

 

Vantage

Vantage is a trusted and multi-asset Brokerage. Regulations by acclaimed and trusted agencies include CIMA, VFSC, FSCA, and, ASIC. Accounts available include Standard STP, Raw ECN, and, PRO ECN. Moreover, a Demo Account is available. Notable Features and Factors include:

 

  • Copy and Social Trading
  • Spreads from 0.0 Pips
  • Leverage of up to 1:500
  • 50 USD Minimum Deposit
  • 24/5 Customer Support
  • No Inactivity Fee is Charged

 

Trading instruments and Products include Forex, indices, metals, soft commodities, energies, ETFs, share CFDs, bonds, and, crypto CFDs (Australia). Vantage supports MetaTrader 4, MetaTrader 5, ProTrader, Vantage App, Vantage Copy Trading, ZuluTrade, DupliTrade, and, Myfxbook AutoTrade.

 

🔍 Broker🥇 Vantage Markets
💵 Minimum Deposit50 USD
4️⃣ Ease of use Rating4/5
🎁 Bonuses✅ Yes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

Vantage Markets Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expensesSome payment methods, notably international bank transfers, might incur withdrawal fees
Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent marketsSome services and product offers may be restricted based on your location due to legislative limits
Traders can use webinars, market analysis, and other instructional resourcesShare CFD trading expenses on Vantage Markets could be higher than those of certain rivals

 

Our Insights

The benefits of trading with Vantage include access to narrow spreads on its ECN accounts.

 

XM Review

 

XM

XM is a highly regulated Brokerage specializing in Forex and CFD Trading. License and Regulations include the FSCA, IFSC, ASIC, CySEC, DFSA, and, the FCA. Accounts available include Micro, Standard, Ultra-Low, and, Shares Accounts. In Addition, a Demo Account is available. Notable factors and features include:

 

  • 24/7 Customer Support
  • Spreads from 0.6 Pips
  • Leverage of up to 1:1000
  • Access to over 50 Currency Pairs
  • An Inactivity Fee is Charged.

 

Trading instruments and Products include Forex, cryptocurrencies, stock CFDs, commodities, equity indices, precious metals, energies, individual shares, and, Turbo Stocks. XM supports MT4 and MT5. Moreover, a Proprietary Mobile App is available.

 

🔎 Broker🥇 XM
💴 Minimum Deposit$5 USD
🎁 Bonus Offers✅Yes
📈 Account TypesMicro Account, Standard Account, XM Ultra-Low Account, Shares Account
⏰ Support Hours24/7
🆓 Demo Account✅Yes
🚀 Open an Account
👉 Click Here

 

XM Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Low Minimum depositNo social trading features available
Unlimited Demo AccountInactivity Fees

 

Our Insights

The Benefits of trading with XM include access to cutting-edge technology and user-friendly interfaces.

 

Forex in Saint Lucia

 

Is Forex Trading legal in Saint Lucia?

Forex Trading in Saint Lucia is Legal, Fully Regulated, and, available without restriction. Moreover, it is governed by The Financial Services Regulatory Authority (FSRA).

 

Is Forex Trading Legal in Saint Lucia

 

In Conclusion

The Popularity of Forex Trading St. Lucia has spiked in recent years. Moreover, it is regulated by the Financial Services Regulatory Authority (FSRA). In addition, several International Forex Brokers accept local investors.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTCUSD 100Visit Broker
🥉Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewASIC, FCA, CySEC, SCBUSD 100Visit Broker
6Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
7Read ReviewBVI FSCUSD 1Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker

 

Our Insights

While reviewing the Best Forex Brokers that accept St, Lucian Traders, 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 Saint Lucia is Legal, Fully Regulated, and, available without restriction.

The Financial Services Regulatory Authority (FSRA).

The Eastern Caribbean dollar (EC$).

The XM Minimum Deposit is 5 USD.

No Inactivity Fee is Charged.

MetaTrader 4 and MetaTrader 5 are supported.

Leverage of up to 1:500 is offered.

Regulations include ASIC, CySEC, FSA, and, the SCB.

A 50% Deposit Bonus is Available.

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Best Forex Brokers