10 Best Forex Brokers in Kazakhstan
The 10 Best Forex Brokers in Kazakhstan – Rated and Reviewed. We have listed the Top Forex brokers accepting Kazakh traders.
In this in-depth article, you will learn:
- The Best Forex Brokers in Kazakhstan – a List.
- Kazakhstan Currency (KZT) – is it an accepted Base currency?
- Best Forex Brokers in Kazakhstan for Foreigners and Beginners.
- Who is Halyk Finance? – Answered.
- Top Kazakhstan Stock Brokers.
and much, MUCH more!
10 Best Forex Brokers in Kazakhstan – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Kazakh Traders | 💶 Min. Deposit (KZT) |
| 🥇 Moneta Markets | 👉 Click Here | ✅Yes | 22261,38 KZT |
| 🥈 IC Markets | 👉 Click Here | ✅Yes | 89045,50 KZT |
| 🥉 Tickmill | 👉 Click Here | ✅Yes | 44522,75 KZT |
| 🏅 Vantage Markets | 👉 Click Here | ✅Yes | 22261,38 KZT |
| 🎖️ Axi | 👉 Click Here | ✅Yes | None |
| 🥇 HF Markets | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🥈 FBS | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🥉 IQ Option | 👉 Click Here | ✅Yes | 4452,28 KZT |
| 🏅 XM | 👉 Click Here | ✅Yes | 2226,14 KZT |
| 🎖️ FxPro | 👉 Click Here | ✅Yes | 44522,75 KZT |
10 Best Forex Brokers in Kazakhstan (2024)
- ☑️ Moneta Markets – Overall, Best Forex Broker in Kazakhstan.
- ☑️ IC Markets – Wide range of currencies.
- ☑️ Tickmill – Low Forex Commission and tight spread.
- ☑️ Vantage Markets – No inactivity fee.
- ☑️ Axi – No withdrawal or deposit fees.
- ☑️ HF Markets – Best Forex Broker for Foreigners.
- ☑️ FBS – Best Forex Broker for Beginners.
- ☑️ IQ Option – Best Overall Offering.
- ☑️ XM – Best Mobile Trading Platform.
- ☑️ FxPro – Low Minimum ₸ Deposit.
Moneta Markets
Moneta Markets is a Forex Broker that offers access to over 1,000 assets. Moreover, trading platforms include MetaTrader 4 and ProTrader.
The set minimum deposit is 50 USD. Furthermore, an Islamic Account is available.
| 🔎 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 |
| 🚀 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
Moneta Markets suits all traders. It offers a tailored trading experience. Moreover, multilingual customer support is offered.
IC Markets
IC Markets stands out as a well-established Forex and CFD broker. It offers a low-latency trading environment. Moreover, it offers comprehensive education and research.
The minimum deposit is 200 USD.
| 🔎 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
IC Markets is best suited to Experienced Traders. The Minimum Deposit is High. Moreover, a Professional Account is available.
Tickmill
Tickmill is a prominent Forex and CFD broker. Account includes VIP, Classic, Pro, and, Islamic. Moreover, accepted base currencies are USD, EUR, GBP, and, PLN.
The minimum deposit is 100 USD.
| 🔎 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
Tickmill suits a wide spectrum of traders. Moreover, a Welcome Bonus is offered.
Vantage Markets
Vantage Markets is a reliable multi-asset broker. Accounts are Standard STP, Raw ECN, and PRO ECN. Moreover, a Swap-Free Option is available.
The minimum deposit is 50 USD.
| 🔍 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 |
| Narrow spreads on its ECN accounts | Some payment methods may incur withdrawal fees |
| Excellent Education | Share CFD trading expenses higher than competitors |
Our Insights
Vantage Markets suit all brokers. Vantage Markets provides narrow spreads on its ECN accounts. Furthermore, Educational and instructional resources are provided.
Axi
Axi is a Forex Broker regulated by top-tier agencies. Accounts include Standard, Pro, and Advanced. Moreover, an Islamic Account is offered.
No minimum deposit is required.
| 🔎 Broker | 🥇 Axi |
| 💴 Minimum Deposit | 0 USD |
| 💵 Inactivity Fee | ✅Yes |
| 💝 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | MetaTrader 4 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Axi is regulated by top-tier agencies | Only MetaTrader 4 is available |
| Axi provides standard, professional, and advanced accounts | Axi does not have a proprietary trading platform |
| Axi supports the use of MetaTrader 4 across devices | Crypto withdrawals are not available |
| Users can trade forex and CFDs on equities, indices, commodities, and Crypto | Axi restricts customers from the United States and other regions |
Our Insights
Axi Suites Beginners and Professionals. However, Trading Platforms are limited.
HF Markets
HF Markets is a Forex Broker regulated by top-tier agencies. Accounts offered are Cent, Premium, Zero, and, Pro. Moreover, a Swap-Free Option is available.
The minimum deposit is 5 USD.
| 🔎 Broker | 🥇 HFM |
| 💴 Minimum Deposit | $0 |
| 📌 Regulation and Licenses | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 5️⃣ Ease of Use Rating | 5/5 |
| 🎁 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| ⚙️ Trading Platforms | MT4, MT5, HFM Trading App |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Top-tier Regulation | Regional constraints |
| Segregated Accounts for Client Funds | Inactivity fees |
Our Insights
HFM best suits beginners. It offers a Cent Account. Moreover, it provides instructional tools, demo accounts, and user-friendly platforms.
FBS
FBS is a highly regulated and established Forex Broker. It offers Negative Balance Protection and Segregated accounts. Moreover, an Islamic Account is available.
The minimum deposit is 5 USD.
| 🔎 Broker | 🥇 FBS |
| 💴 Minimum Deposit | 5 USD |
| 💵 Inactivity Fee | None |
| 🤝 Affiliate Program | ✅Yes |
| 4️⃣ Ease of Use Rating | 4/5 |
| 📐 Trading Instruments | Forex, Precious Metals, Indices, Energies, Stocks, Crypto CFDs |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Minimum deposit - $5 | High leverage may be daunting |
| Leverage of up to 1:3000 | High leverage carries an increased risk of loss |
| Commission-free trading | Lack of fixed spread options |
Our Insights
FBS suits all traders. Moreover, it supports 100+ payment mechanisms. Furthermore, it has low fees on stock and index CFDs.
IQ Option
IQ Option is a prominent Forex and CFD Broker. Moreover, it offers competitive trading conditions. Accounts are Live and VIP. An Islamic Option is available.
The minimum deposit is 10 USD.
| 🔎 Broker | 🥇 IQ Option |
| 📈 Regulation and Licenses | Not Regulated |
| 📉 Ease of Use | 4/5 |
| 📊 Support Hours | 24/7 |
| 💹 Trading Platforms | IQ Option Platform |
| 📌 Account Types | Live, VIP |
| 📊 Spreads | 2 pips |
| 📈 Leverage | 1:500 |
| 💳 Minimum Deposit | 10 USD |
| 🚫 Inactivity Fee | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Stocks, currency, commodities, and crypto trading | Select withdrawal methods may be prohibited |
| Minimum Deposit 10 USD | Limited Regulation |
Our Insights
IQ Option suits all traders. It offers a user-friendly interface and extensive instructional materials.
XM
XM is a Forex and CFD Broker with a strong reputation. Moreover, XM offers trading on 1,000+ financial instruments. Furthermore, it offers 24/7 customer care in 30 languages.
The minimum deposit is 5 USD.
| 🔎 Broker | 🥇 XM |
| 💴 Minimum Deposit | $5 USD |
| 🎁 Bonus Offers | ✅Yes |
| 📈 Account Types | Micro Account, Standard Account, XM Ultra-Low Account, Shares Account |
| ⏰ Support Hours | 24/7 |
| 🆓 Demo Account | ✅Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Minimum deposit | No social trading features available |
| Unlimited Demo Account | Inactivity Fees |
Our Insights
XM suits all levels of Traders. Moreover, it provides Islamic, Swap-Free Options.
FxPro
FxPro is a trustworthy and highly regulated Forex Broker. It is known for competitive spreads and innovative trading tools. Accounts are Standard, Pro, Raw+, ECN, and, Islamic.
The minimum deposit is 100 USD.
| 🔎 Broker | 🥇 FxPro |
| 📌 Year Founded | 2006 |
| 📍 Amount of staff | 500+ |
| ⭐ Publicly Traded | None |
| 🛡️ Regulation | FCA, CySEC, ASIC |
| 🌎 Country of regulation | UK, Cyprus, Australia |
| ↪️ Account Segregation | ✅Yes |
| 🚨 Negative balance protection | ✅Yes |
| 📈 Investor Protection Schemes | FSC, FSCS, and others |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 📉 Minor account currencies | Multiple |
| 📊 Minimum Deposit | 100 USD |
| ⏰ Avg. deposit processing time | Instant to 1 business day |
| ⏱️ Avg. Withdrawal processing time | 1-5 business days |
| 💴 Fund Withdrawal Fee | None |
| 💶 Spreads from | 0.0 pips |
| 💵 Commissions | Variable |
| 💷 Number of base currencies | 6 |
| 💳 Swap Fees | Variable |
| ⏹️ Leverage | Up to 1:500 |
| ⏺️ Margin requirements | Variable |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖥️ Order Execution Time | Milliseconds |
| 💻 VPS Hosting | ✅Yes |
| 📊 CFDs Total Offered | 2000+ |
| 💹 CFD Stock Indices | ✅Yes |
| 🍎 CFD Commodities | ✅Yes |
| 💱 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, Credit/Debit cards, e-wallets |
| 💶 Withdrawal Options | Bank transfer, Credit/Debit cards, e-wallets |
| ➡️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| ↪️ OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex trading tools | Economic calendar, trading signals, charting tools |
| 🥰 Customer Support | Responsive |
| 🗯️ Live chat availability | ✅Yes |
| 💌 Support Email | [email protected] |
| ☎️ Support Contact | Varies by Region |
| 🐦 Social media | Twitter, Facebook, LinkedIn, |
| 📍 Languages | English, Spanish, German, French, Italian, Arabic, Chinese, Japanese |
| ✏️ Forex course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Tutorials, articles, videos |
| 📒 Affiliate program | ✅Yes |
| 📑 IB Program | ✅Yes |
| 🗃️ Sponsor notable events/teams | ✅Yes |
| 🗄️ Rebate program | ✅Yes |
| 📌 Account Types | Standard, Raw+, Elite |
| 🅰️ Cent Accounts | None |
| 🅱️ Micro Accounts | None |
| 😊 Suited to Beginners | ✅Yes |
| 😎 Suited to Professionals | ✅Yes |
| 🌟 Suited to Active Traders | ✅Yes |
| *️⃣ Suited to Scalpers | ✅Yes |
| 🌞 Suited to Day Traders | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| MetaTrader 4 and 5 | Basic FXPro App |
| cTrader accounts | Commissions on cTrader accounts |
| Wide Range of Trading Instruments | Withdrawal Processing Times |
| Diverse Educational Resources | Limited Advanced Content |
| Multiple Platform Options | Spread Variability |
| Flexible Leverage | Potential for Higher Risk with Leverage |
| No Deposit or Withdrawal Fees | Complexity for New Traders |
Our Insights
FxPro serves a broad spectrum of traders. Moreover, it provides 2,100+ trading products, including forex and futures.
Is Forex Trading Legal in Kazakhstan?
Forex Trading is legal in Kazakhstan and governed by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
In Conclusion
Forex Trading is legal in Kazakhstan. Moreover, it is governed by the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan. Moreover, Muslim Traders in Kazakhstan should select a Forex Broker with an Islamic Account.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | FSC, FSA, VFSC | USD 10 | Visit Broker |
| 6 |  | Read Review | CySEC, MISA, FSCA | USD 25 | 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
In the process of reviewing the Best Forex Brokers that accept Kazakh Traders, we found 10 excellent options. Each broker has its list of Benefits, ranging from multiple account types to 24/7 customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Faq
FxPro offers 24/5 Customer Support.
XM offers a Micro Account.
The IQ Option Minimum deposit is 10 USD
FBS provides webinars, seminars, and, video tutorials.
HF Markets accept USD, NGN, and, ZAR.
Tickmill provides crypto trading.
Axi charges an inactive fee.
IC Markets provides a Swap-Free Option.
Moneta Markets provides a cost-free demo account.
Several authorities regulate Vantage Markets.
The Best Forex Broker in Kazakhstan is Moneta Markets.
The local currency in Kazakhstan is the Kazakhstani tenge.
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan
The State Revenue Committee of the Ministry of Finance of Kazakhstan.
The Legal age for Forex Trading is 21 years.
Forex Trading is legal in Kazakhstan.
| Broker | Website | |
|---|---|---|
| 🥇 |  | Visit Broker |
| 🥈 | | Visit Broker |
| 🥉 | | Visit Broker |
| 4 | | Visit Broker |
| 5 | | Visit Broker |
| 6 | | Visit Broker |
| 7 | | Visit Broker |
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