6 Best Forex Brokers in Sierra Leone

Last Update: June 26th, 2024

 

The 6 Best Forex Brokers in Sierra Leone – Rated and Reviewed. We have listed the Best Forex Brokers in Sierra Leone.

 

In this in-depth guide, you will learn:

 

• The Best Forex Brokers in Sierra Leone – a List
• Is Forex Trading Legal in Sierra Leone?
• The Best Forex Broker for Beginners and Foreigners
• The Best MetaTrader Forex Brokers

 

and much, MUCH more!

 

 

6 Best Forex Brokers in Sierra Leone – a Comparison

 

 

6 Best Forex Brokers in Sierra Leone (2024)

 

1. ☑️ XTB – Overall, the Best Forex Broker in Sierra Leone
2. ☑️ Tickmill – Best Overall Trading Experience
3. ☑️ Admirals – Low LE Minimum Deposit
4. ☑️ Pepperstone – Best Online Trading Experience
5. ☑️ FXCM – The Best Forex Broker for Beginners
6. ☑️ XM – Best Mobile Trading Experience

 

 

XTB

XTB is a highly regulated and trusted Forex and CFD Broker. Regulations by acclaimed and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts available include Stnadrad and Swap-Free. In addition, a Demo Account is available. In addition, notable Factors and Features include:

 

• Occasional Bonus Offers, Promotions, and, Competitions
• No Minimum Deposit is required
• Spreads from 0.5 Pips
• Leverage of up to 1:500
• Access to over 50 Currency Pairs
• An Inactivity fee is Charged after 12 Months

 

Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. XTB supports xStation 5 and xStation Mobile.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with XTB include access to commission-free trading on genuine stocks and ETFs. Moreover, XTB delivers in-depth market research and up-to-date news updates.

 

 

Tickmill

Tickmill is a highly regulated and popular Forex and CFD Services provider. Regulations by acclaimed and trusted agencies include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts available include Pro, VIP, and Classic. Moreover, Islamic and Demo Account options are available. In addition, notable Factors and Features include:

 

• Multiple Bonus Offers and Promotions
• A 30 USD Welcome Account
• 24/5 Customer Support
• Leverage of up to 1:500
• Access to over 60 Currencies, including Major, Minor, and, Exotic

 

Trading instruments and Products include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs. Moreover, Scalping and Hedging are provided. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The Benefits of trading with Tickmill include several educational resources, including Digital eBooks and Seminars.

 

 

Admirals

Admiral Markets or Admirals, is a powerful and well-established Forex and CFD Service provider. License and Regulations include the FCA, ASIC, CySEC, JSC, FSCA, FSA, and, CMA. Live Trading Accounts include Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and, Bets.MT5.

Moreover, Islamic, Swap-Free, and Demo Account options are available.  In addition, notable Factors and Features include:

 

• 10 Base Currencies, including RON, PLN, HUF, and, CHF
• Spreads from 0.0 Pips
• Leverage of up to 1:1000
• Access to over 80 Currency Pairs, including Major, Minor, and, Exotic
• Low 25 USD Minimum Deposit
• Multilingual Customer Support

 

Trading instruments and Products include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Moreover, Scalping and Hedging are offered. Admirals support MT4 and MT5. In addition, an Admirals App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Admirals include zero-pip spreads on select accounts and instruments.

 

 

Pepperstone

Pepperstone is a safe broker licensed by numerous top-tier financial regulators. License and Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Live Trading accounts include Standard and Razor Accounts. Moreover, Islamic, Swap-Free, and Demo Accounts are available. In addition, notable Factors and Features include:

 

• 200 AU$ Minimum Deposit
• USD and GBP Base Currencies
• Spreads from 0.0 Pips
• Leverage of up to 1:500
• Access to over 70 Currency Pairs
• No inactivity Fee is Charged
• A Commission Fee is Charged

 

Trading instruments and Products include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Pepperstone include 24/7 responsive and friendly customer support.

 

 

FXCM

FXCM is a trusted Forex and CFD Broker authorized by respectable financial regulators worldwide. License and Regulations include the FCA, ASIC, CySEC, and, the FSCA. A CFD Trading and Demo Account is available. In addition, notable Factors and Features include:

 

• Access to a Frefreal, Cashback Bonus
• Multiple Base Currencies depended on the Region
• Spreads from 0.2 Pips
• Leverage of up to 1:30 in the United Kingdom
• Leverage of up to 1:400 in other Regions
• 50 USD Minimum Deposit
• An Inactivity Fee is Charged
• Trading is Commission-Free

 

Trading instruments and Products include Forex, shares, indices, commodities, cryptocurrencies, Forex Baskets, and, Stock Baskets. FXCM supports Trading Station, TradingView Pro, MetaTrader 4, Capitalise AI, and, ZuluTrade. In addition, a Proprietary Mobile App is available.

 

 

 

Pros and Cons

 

 

Our Insights

The benefits of trading with Pepperstone include access to Trading Tools and Educational Resources.

 

 

XM

XM is a global Forex, CFD, and, Financial Service Provider. License and Regulations include the FSCA, IFSC, ASIC, CySEC, DFSA, and, the FCA. Live Trading Accounts include Micro, Standard, Ultra Low, and, Islamic, Swap-Free Accounts. Moreover, a Demo Account is available. In addition, notable Factors and Features include:

 

• Access to over 1000 Financial Instruments
• 24/7 Customer Support in over 30 Languages
• Occasional Bonus Offers and Promotions
• Multiple Base Currencies, including USD, EUR, and, AUD
• Leverage of up to 1:1000
• Low 5 USD Minimum Deposit
• Access to over 50 Currency Pairs

 

Trading instruments and Products include Forex, cryptocurrencies, stock CFDs, commodities, equity indices, precious metals, energies, individual shares, and, Turbo Stocks. XM supports MetaTrader 4 and MetaTrader 5. In addition, a proprietary mobile app is available.

 

 

 

Pros and Cons

 

 

Our Insights

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

 

 

Is Forex Trading Legal in Sierra Leone?

Forex Trading is Legal in Sierra Leone and governed by the local bank (BSL).

 

 

In Conclusion

Forex Trading in Sierra Leone is legal. Moreover, it is governed by the Bank of Sierra Leone (BSL). In addition, several International Forex Brokers accept local Traders.

 

 

Our Insights

While reviewing the Best Forex Brokers that accept Sierra Leonean 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.

 

You might also like:

 

• XTB Review
• Tickmill Review
• Admirals Review
• Pepperstone Review
• FXCM Review
• XM Review