6 Best Forex Brokers in Samoa
The 6 Best Forex Brokers in Samoa – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Samoa.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Samoa – a List
- Is Forex Trading Legal in Samoa?
- The Best Forex Brokers for Beginners and Foreigners
- The Best MT4 and MT5 Forex Brokers
and much, MUCH more!
6 Best Forex Brokers in Samoa – a Comparison
🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💷 Min. Deposit |
🥇 FXCM | 👉 Click Here | ✅Yes | 50 USD |
🥈 Admirals | 👉 Click Here | ✅Yes | 25 USD |
🥉 XTB | 👉 Click Here | ✅Yes | None |
🏅 Interactive Brokers | 👉 Click Here | ✅Yes | None |
🎖️ IG | 👉 Click Here | ✅Yes | 50 USD |
🥇 OANDA | 👉 Click Here | ✅Yes | None |
6 Best Forex Brokers in Samoa
- ☑️ FXCM – Overall, the Best Forex Broker in Samoa
- ☑️ Admirals – Best Overall Offering
- ☑️ XTB – Best Mobile Trading Experience
- ☑️ Interactive Brokers – Leading Broker for Experienced Traders
- ☑️ IG – Low Minimum Deposit Forex Broker
- ☑️ OANDA – Best Online Trading Experience
FXCM
FXCM is a trusted and well-regulated Forex and CFD Service Provider. Regulations by acclaimed and trusted agencies include the FCA, ASIC, CySEC, and, the FSCA. A CFD Trading and Islamic, Swap-Free Option is offered. Moreover, a Demo Account is available. The minimum deposit is 50 USD. Notable Factors and Features include:
- Cashback Rebate Programs
- Spreads from 0.2 Pips
- Leverage of up to 1:30
- Access to over 40 Currency Pairs
- No Commission Fee is Charged
- An Inactivity Fee is Charged
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.
🔍 Broker | 🥇 FXCM |
💵 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 |
Multitude of educational materials | High Currency conversion fees |
Multiple Account Types | Narrow asset portfolio |
24-hour multilingual customer | Limited Trading Platforms |
Our Insights
The benefits of trading with FXCM include multilingual customer support. Languages offered include English, French, Chinese, German, Italian, Malay, Spanish, Thai, Bahasa, Arabic, Polish, and, Russian.
Admirals
Admiral Markets or Admirals, is a competitive Forex Service provider with Competitive Fees. Regulations by acclaimed and trusted agencies include FCA, ASIC, CySEC, JSC, FSCA, FSA, and, the CMA. Accounts available are Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and, Bets.MT5. The minimum deposit is 25 USD. Moreover, a Demoo Account is available. Notable Features and Factors include:
- A vast collection of articles and tutorials
- Occasional Bonus Offers and Promotions
- Spreads from 0.0 Pips
- Leverage of up to 1:1000
- An Inactivity Fee is Charged
- Commission Fees are Charged
- Access to over 80 Currency Pairs
Trading instruments and Products include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Admirals support MetaTrader 4 and MetaTrader 5. In addition, a proprietary mobile app is available.
🔎Broker | 🥇Admirals |
💴Minimum Deposit | 25 USD |
🎉Established Year | 2001 |
⏰Support Hours | 24/5 |
💻Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
📈Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Inactivity fee |
Free Deposit and Withdrawal | No 24/7 customer service |
Our Insights
The benefits of Trading with Admirals include several account types, including Islamic, and Swap-Free Options.
XTB
XTB is a highly regulated and well-established Forex Brokerage. Regulations by acclaimed and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts include Standard and Islamic, Swap-Free Options. Moreover, a Demo Account is available. Notable factors and Features include:
- Multiple Base Currencies, including USD and EUR
- Spreads from 0.5 Pips
- Leverage of up to 1:500
- An inactivity fee is charged
- Multilingual Customer Support
Trading instruments and Products include Forex, indices, commodities, stocks, ETFs, and, Crypto CFDs. XTB supports xStation 5 and xStation Mobile.
🔍 Broker | 🥇 XTB |
📌 Year Founded | 2002 |
👤 Amount of Staff | Approximately 2,000 |
👥 Amount of Active Traders | Over 500,000 |
📍 Publicly Traded | Warsaw Stock Exchange |
📈 Regulation | FCA, KNF, IFSC, CySEC |
🌎 Country of Regulation | UK (FCA), Poland (KNF) |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💰 Minor Account Currencies | Major, Minor |
💴 Minimum Deposit | Varies by account type |
⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💶 Fund Withdrawal Fee | None |
📐 Spreads From | From 0.1 pips |
💶 Commissions | Variable |
💵 Number of Base Currencies Supported | 30+ |
💷 Swap Fees | ✅Yes |
🔖 Leverage | Up to 1:500 |
🏷️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
🖇️ Order Execution Time Seconds | Milliseconds - |
🖥️ VPS Hosting | Select accounts |
📈 CFDs Total | Over 2,000 |
📉 CFD Stock Indices | Major global indices |
🍎 CFD Commodities | Oil, gold, etc. |
📊 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
🖱️ Trading Platforms | xStation 5 |
⭐ OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex Trading Tools | Charting tools, technical analysis |
🥰 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 | Articles, tutorials, etc. |
🤝 Affiliate Program | ✅Yes |
🫶 Amount of Partners | Numerous global partners |
🫰🏻 IB Program | ✅Yes |
🔖 Notable Events or Teams | ✅Yes |
🏷️ Rebate Program | ✅Yes |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Inactivity fee |
Free Deposit and Withdrawal | High conversion fee |
Our Insights
The benefits of trading with XTB include access to a wide range of financial products and narrow spreads on main currency pairs.
Interactive Brokers
Interactive Brokers is a popular and highly regulated trading platform for experienced traders and investors. Regulations by acclaimed and trusted agencies include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts available are IBKR Lite and IBKR Pro. Moreover, a Free Trail Account is available. Notable Factors and features include:
- Multiple Base Currencies, including AUD, AUD, and, CAD
- Spreads from 0.6 Pips
- Leverage of up to 1:30
- Access to over 100 Currencies
- No Inactivity Fee is Charged
- Scalping and Hedging
Trading instruments and Products 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 |
Low commissions and fees | Intimidating Platform |
Excellent educational materials | Complex tiered pricing plans |
Reliable trade execution | Lacking Customer Support |
Our Insights
The benefits of trading with Interactive Brokers include access to a Student Trading Lab and Webinars.
IG
IG is a reputable forex and CFD trading platform with a strong regulatory framework, broad market access, and extensive training resources. Regulations by acclaimed and trusted agencies include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, the BMA. Accounts available include a Limited Risk Trading and Islamic, Swap-Free Option. Moreover, a Demo Account is available.
In addition, notable Factors and Features include:
- Spreads from 0.6 Pips
- Leverage of up to 1:222
- Access to over 80 Currency Pairs
- An Inactivity Fee is Charged
- Scalping and Hedging
Trading instruments and Products include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest rates. IG supports MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, and, FIX API.
🔎 Broker | 🥇 IG |
📌 Year Founded | 1974 |
👤 Amount of Staff | 2,000+ |
👥 Amount of Active Traders | 300,000+ |
📍 Publicly Traded | ✅Yes |
🛡️Regulation | FCA, ASIC, CFTC, NFA, BaFin |
🌎 Country of Regulation | UK, Australia, US, Germany |
↪️ Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
⭐ Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | USD, EUR, GBP |
💶 Minimum Deposit | $250 |
⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💷 Fund Withdrawal Fee | None |
📈 Spreads from | 0.6 pips |
📉 Commissions | None |
💰 Number of Base Currencies Supported | 5 |
📊 Swap Fees | Applicable |
⚙️ Leverage | Up to 1:30 (Retail) |
🔖 Margin Requirements | Varies by asset |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | 0.1 seconds |
🖱️ VPS Hosting | ✅Yes |
✔️CFDs Total | 17,000+ |
📌 CFD Stock Indices | 80+ |
🍎 CFD Commodities | 30+ |
📍 CFD Shares | 12,000+ |
💴 Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
🖥️ Trading Platforms | MetaTrader 4, ProRealTime, L2 Dealer, IG Trading Platform |
💻 OS Compatibility | Windows, MacOS, Android, iOS |
📐 Forex Trading Tools | Economic calendar, Autochartist, Trading signals |
🥰 Live Chat Availability | ✅Yes |
💌 Customer Support Email | ✅Yes |
☎️ Customer Support Contact Number | ✅Yes |
💙 Social Media Platforms | Facebook, Twitter, LinkedIn |
✏️ Languages Supported | Multiple languages |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Articles, Videos, Tutorials |
📑 Affiliate Program | ✅Yes |
🗃️ Amount of Partners | Not specified |
🗄️ IB Program | ✅Yes |
📇 Notable Events or Teams | ✅Yes |
🪙 Rebate Program | ✅Yes |
💴 Cent or Micro Accounts | None |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Access to over 17,000 instruments across markets | Limitations on customer support hours |
Investing opportunities for high-volume traders | Inactivity fees apply |
Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The benefits of trading with IG include access to daily market comments, insights, and, technical analysis.
OANDA
OANDA is a trusted and well-established Forex and CFD broker that offers a complex trading experience with user-friendly tools. Regulations by acclaimed and trusted agencies include IIROC, ASIC, CFTC, NFA, FCA, FFAJ, JFSA, MAS, MFSA, and, the BVI FSC. Standard, Core, Swap-Free, Premium, and, Premium Core accounts are available. In addition, a Demo Account is available. Notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies including USD, EUR, HKD, and, SGD
- Spreads from 0.1 Pips
- Leverage of up to 1:888
- Access to over 48 Currency Pairs, including Major, minor, and Exotic Pairs
- No minimum deposit required
- Multilingual Customer Support
Trading instruments and Products include Forex, indices, commodities, metals, shares, energies, and, cryptocurrencies. OANDA supports FxTrade, MetaTrader 4, and, MetaTrader 5. In addition, an OANDA Mobile App is available.
🔎 Broker | 🥇 OANDA |
💶 Minimum Deposit | None |
📌 Account Types | Standard, Elite Trader |
🆓 Demo Account | ✅Yes |
🎁 Bonus Offers | ✅Yes |
✏️ Education | ✅Yes |
📲 Mobile Trading | ✅Yes |
🖱️ Trading Platform | MetaTrader 4 |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Great trading platforms | Only FX and CFD available for most clients |
Outstanding research tools | Lacking Customer Support |
Low trading fees | Inactivity fee |
Our Insights
The benefits of trading with OANDA include access to a large selection of instructional resources, webinars, and market research.
Is Forex Trading Legal in Samoa?
Forex Trading in Samoa is legal and available without restriction. Moreover, it is governed by the Central Bank of Samoa (CBS).
In Conclusion
Forex Trading in Samoa has seen a spike in popularity. Moreover, it is legal and regulated by the country’s central bank. In addition, multiple international Brokers accept Samoan 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 | 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
While reviewing the Best Forex Brokers that accept Samoan 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 Samoa is legal and available without restriction.
The Central Bank of Samoa (CBS).
The Samoan Tala.
The FXCM Minimum Deposit is 50 USD.
Admirals support MetaTrader 4 and MetaTrader 5.
No minimum deposit is required.
Interactive Brokers offer 24/5 Customer Support.
Over 80 Currency Pairs, including Major, Minor, and, Exotic Pairs.
Trading with OANDA is not commission-free.