7 Best Forex Brokers in Djibouti
The 7 Best Forex Brokers in Djibouti – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Djibouti.
In this in-depth guide you will learn:
- The Best Forex Brokers in Djibouti – a List
- The Best Forex Brokers for Foreigners and Beginners
- Top International Brokers Accepting Djiboutian Traders
- Low DJF Minimum Deposit Forex Brokers
- Popular MetaTrader Forex Brokers
and much, MUCH more!
7 Best Forex Brokers in Djibouti – A Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Djiboutians Traders | 💴 Min. Deposit |
| 🥇 IC Markets | 👉 Click Here | ✅Yes | 35610,58 |
| 🥈 Tickmill | 👉 Click Here | ✅Yes | 17805,29 |
| 🥉 Vantage | 👉 Click Here | ✅Yes | 8902,65 |
| 🏅 Moneta Markets | 👉 Click Here | ✅Yes | 8902,65 |
| 🎖️ Pepperstone | 👉 Click Here | ✅Yes | 23670,35 |
| 🥇 FP Markets | 👉 Click Here | ✅Yes | 11835,18 |
| 🥈 Interactive Brokers | 👉 Click Here | ✅Yes | None |
7 Best Forex Brokers in Djibouti (2024)
- ☑️ IC Markets – Overall, The Best Forex Broker in Djibouti
- ☑️ Tickmill – Best Overall Offering
- ☑️ Vantage – High User Trust Score
- ☑️ Moneta Markets – Leading Forex Broker for Beginners
- ☑️ Pepperstone – Popular Forex Broker for Professionals
- ☑️ FP Markets – Leading Forex Broker for Active Traders
- ☑️ Interactive Brokers – Leading International Brokerage
IC Markets
IC Markets is a highly Regulated and Trusted Global Financial Services Provider. Regulations include ASIC, CySEC, FSA, and, the SCB. Accounts available are cTrader, Raw Spread, and Standard. Moreover, a Demo Account is available. The minimum deposit is 200 USD. Notable Features include:
- Leverage of up to 1:500
- Over 64 Currency Pairs
- No Inactivity Fee Charged
- Scalping and Hedging
Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets supports MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.
| 🔎 Broker | 🥇 IC Markets |
| 📌 Year Founded | 2007 |
| 👤 Amount of Active Traders | Over 1 million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FSA (Seychelles) |
| 🌎 Country of Regulation | Seychelles |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| 🧾 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | Major and Minor |
| 💶 Minimum Deposit | 200 USD |
| ⚡ Average Deposit/Withdrawal Processing Time | Typically 1-2 business days |
| 💵 Fund Withdrawal Fee | Generally no fee |
| 🔖 Spreads From | From 0.0 pips |
| 💷 Commissions | Variable |
| 🪙 Number of Base Currencies Supported | 10+ |
| 💳 Swap Fees | ✅Yes |
| 🏷️ Leverage | Up to 1:500 |
| 🖇️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖥️ Order Execution Time | Milliseconds |
| 💻 VPS Hosting | ✅Yes |
| 📈 CFDs Total Offered | Extensive Range |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | Major global stocks |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖱️ Forex Trading Tools | Advanced charting tools, etc. |
| 🥰 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 | ✅Yes |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| ↪️ Do They Sponsor Any Notable Events or Teams | ✅Yes |
| ⭐ Rebate Program | ✅Yes |
| 🚀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
The Benefits of trading with IC Markets include 24/7 Dedicated Customer Support.
Tickmill
Tickmill is a trustworthy and highly regulated online Forex and CFD brokerage committed to cost-effectiveness. Regulations include the Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA. Accounts include VIP, Classic, and, Pro. Moreover, a Demo Account is available. The minimum deposit is 100 USD. Notable features include:
- USD, EUR, GBP, and, PLN Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
Trading instruments include Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and ETFs. Tickmill supports MetaTrader 4 and MetaTrader 5. In addition, a proprietary mobile app is available.
| 🔎 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
Active Traders will benefit from a Professional Account with minimal Commissions.
Vantage
Vantage is a trustworthy and well-regarded Financial entity. Regulations include CIMA, VFSC, FSCA, and, ASIC. Accounts include Standard STP, Raw ECN, and, Pro ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:
- 10 Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 50 Currency Pairs
Trading Instruments 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 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 |
| Vantage Markets provides narrow spreads on its ECN accounts, which could lower trading expenses | Some payment methods, notably international bank transfers, might incur withdrawal fees |
| Their technology is designed to provide fast transaction execution while minimizing slippage in turbulent markets | Some services and product offers may be restricted based on your location due to legislative limits |
| Traders can use webinars, market analysis, and other instructional resources | Share 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 Social and copy trading via several platforms.
Moneta Markets
Moneta Markets is a comprehensive Forex and CFD broker. Regulations include FSCA, FSA Seychelles, CIMA, and, ASIC. Accounts include Direct STP, Prime ECN, and, Ultra ECN. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable features include:
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Over 40 Currency Pairs
- No Inactivity Fee is charged
Trading Instruments include Forex, Commodities, Indices, Shares, ETFs, Bonds, and, Cryptocurrencies. Moneta Markets supports PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, and, CopyTrader.
| 🔎 Broker | 🥇 Moneta Markets |
| 📈 Established Year | 2019 |
| 📉 Regulation and Licenses | FSCA, FSA Seychelles, CIMA, ASIC |
| 📊 Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | PRO Trader, App Trader, MetaTrader 4, MetaTrader 5, CopyTrader App |
| 📌 Account Types | Direct STP, Prime ECN, Ultra ECN |
| 💴 Base Currencies | AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL |
| 📍 Spreads | From 0.0 pips |
| 💹 Leverage | 1:1000 |
| 💵 Currency Pairs | 44; major, minor, and exotic pairs |
| 💶 Minimum Deposit | 50 USD |
| 💷 Inactivity Fee | None |
| 🔊 Website Languages | English, French, German, Spanish, Vietnamese, Thai, Russian, Arabic, Portuguese, Chinese, etc. |
| 🪙 Fees and Commissions | Spreads from 0.0 pips, commissions from $6 round turn |
| 🤝 Affiliate Program | ✅Yes |
| ❎ Banned Countries | United States, Canada, Hong Kong |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📐 Trading Instruments | Forex, commodities, indices, shares, ETFs, bonds, cryptocurrencies |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| 1,000+ tradable assets, including forex | Some account types may have volume constraints |
| Multilingual support | Limited Education |
| Tight Spreads | No Negative Balance Protection |
| No deposit or withdrawal fees | Inconsistencies reported in customer support quality. |
| Strong Regulation | Limited Product Range |
| MetaTrader 4 and 5 | Limited Account Types |
Our Insights
The benefits of trading with Moneta Markers include excellent educational resources and customer support.
Pepperstone
Pepperstone is a prominent Forex and CFD broker. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA, and, the SCB. Accounts include Standard and Razor. Moreover, a Demo Account is available. The minimum deposit is AU$200. Notable features include:
- 24/7 Customer Support
- Leverage of up to 1:500 on the Pro Account
- Leverage of up to 1:200 on the Retail Account
- Spreads from 0.0 Pips
- Scalping and Hedging
Trading Instruments include Forex, Commodities, Indices, Currency indices, Cryptocurrencies, Shares, and, ETFs. Pepperstone supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.
| 🔎 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 |
| Pepperstone provides responsive and friendly customer service that is available 24/7 | While trading fees are low, the costs of holding positions overnight can be significant |
| Traders are not charged for account inactivity | Transfers: International bank transfers have a $20 fee |
| There is a lot of educational content available to traders of all skill levels | The variety of platforms and advanced technologies can be overwhelming for novices |
| New users should expect a quick and easy account setup process | Pepperstone is not available in some countries, including the United States |
| Most deposit and withdrawal methods are free of charge, which increases the cost-effectiveness of trading with Pepperstone | Some customers may find Pepperstone's MetaTrader platform too simple in terms of appearance and use |
Our Insights
Pepperstone best suits Established and Active Traders. A high Minimum Deposit and Commissions are charged.
FP Markets
FP Markets is a highly trusted Financial Services provider with a strong regulatory structure. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts include Standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. The minimum deposit is AU$ 100. Notable features include:
- Multiple Base Currencies
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Scalping and Hedging
Trading Instruments include Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and, Bonds. FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. In addition, a proprietary trading app is available.
| 🔎 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 a multilingual Website option. Moreover, Multilingual customer support is available.
Interactive Brokers
Interactive Brokers is a Highly Trusted Tier-1 Regulated Financial Services Provider. Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts include IBKR Lite and IBKR Pro. Moreover, a Demo Account is available. No minimum deposit is required. Notable features include:
- Spreads from 0.6 Pips
- Leverage of up to 1:30
- Over 100 Currency Pairs
- Scalping and Hedging
Trading Instruments include Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, bonds. Interactive Brokers support IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact.
| 🔎 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 |
| Extensive range of financial instruments including stocks, options, futures, Forex, bonds, and more. | Complex fee structure that may be confusing for some traders. |
| Direct market access (DMA) providing transparent and efficient trading execution. | Higher minimum deposit requirements compared to some other brokers. |
| Competitive pricing with low commissions and margin rates. | Steeper learning curve for beginners due to the advanced trading tools and features. |
| Powerful trading platforms such as Trader Workstation (TWS) and IBKR Mobile, offering advanced tools and analytics. | Limited customer support options, primarily through email and chat. |
| Global presence with access to over 135 markets in 33 countries. | Inactivity fees on dormant accounts. |
Our Insights
Established and Active Brokers will best benefit from the IBKR proprietary trading platforms.
Is Forex Trading Legal in Djibouti?
Forex Trading is Legal and Regulated in Djibouti. Moreover, it is regulated by the Central Bank of Djibouti.
The Central Bank of Djibouti
The local monetary authority is Banque Centrale de Djibouti or The Central Bank of Djibouti.
In Conclusion
Forex Trading in Djibouti has seen a minimal rise in Popularity. However, it is legal and regulated. Moreover, multiple international brokers accept Djiboutian 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 | BVI FSC | USD 1 | 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 Djiboutian Traders, we found 7 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 is Legal and Regulated in Djibouti. Moreover, it is regulated by the Central Bank of Djibouti.
Banque Centrale de Djibouti or The Central Bank of Djibouti.
The Djiboutian Franc (DJF).
Regulations include ASIC, CySEC, FSA, and, the SCB.
Tickmill supports MetaTrader 4 and MetaTrader 5.
Vantage provides 24/5 Customer Support.
Moneta Markets offers Scalping and Hedging.
The United States Dollar and the Great British Pound.
FP Markets does not provide a Bonus Offer at this time.
Over 100 Currency Pairs, including Major, Minor, and, Exotic Pairs.
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