6 Best Forex Brokers in Sudan
The 6 Best Forex Brokers in Sudan – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Sudan.
In this in-depth guide you will learn:
- The Best Forex Brokers in Sudan – a List
- Is Forex Trading Legal in Sudan?
- Islamic, Swap-Free Forex Trading in Sudan
- The Best Forex Brokers for Beginners and Foreigners
- The Best MT4 and MT5 Forex Brokers in Africa
and much, MUCH more!
6 Best Forex Brokers in Sudan – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Local Traders | 💷 Min. Deposit |
| 🥇 Trade Nation | 👉 Click Here | ✅Yes | None |
| 🥈 TMGM | 👉 Click Here | ✅Yes | 58600,00 |
| 🥉 FBS | 👉 Click Here | ✅Yes | 2930,00 |
| 🏅 AvaTrade | 👉 Click Here | ✅Yes | 58600,00 |
| 🎖️ FXTM | 👉 Click Here | ✅Yes | 5860,00 |
| 🥇 XTB | 👉 Click Here | ✅Yes | None |
6 Best Forex Brokers in Sudan (2024)
- ☑️ Trade Nation – Overall, the Best Forex Broker in Sudan
- ☑️ TMGM – Best Overall Offering for Beginners
- ☑️ FBS – Wide Currency Pair Selection
- ☑️ AvaTrade – High African Trust Score
- ☑️ FXTM – Low SDG Forex Fees
- ☑️ XTB – Best Online and Mobile Trading Experience
Trade Nation
Trade Nation is a leading Forex and CFD brokerage firm that offers a user-friendly platform. Regulations by acclaimed and trusted agencies include the FCA, ASIC, FSCA, SCB, and, the FSA. Accounts offered are Stnadrd and Demo options. Moreover, no minimum deposit is required. In addition, notable Factors and Features include:
- 24/5 Customer Support
- Spreads from 0.3 Pips
- Leverage of up to 1:30 (Regulation dependant)
- Access to over 30 Currency Pairs
- Scalping and Hedging are allowed
Trading instruments and Products include forex, indices, and, commodities. In addition, Trade Nation supports MetaTrader 4 and a Proprietary trading platform.
| 🔍 Broker | 🥇Trade Nation |
| 💵 Minimum Deposit | 0 USD |
| 4️⃣ Ease of use Rating | 4/5 |
| 🎁 Bonuses | None |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| A good range of Forex pairings, indices, and commodities | Access to MT4 comes at a high cost |
| Provides Stop-Loss Orders | Direct asset ownership is not provided |
| Excellent Customer Support | The platform lacks advanced charting capabilities |
Our Insights
The benefits of trading with Trade Nation include access to a fixed spread policy, high leverage, and extensive training materials.
TMGM
TMGM is a highly regulated and trusted Forex and CFD services provider. Regulations by acclaimed and trusted agencies include ASIC, FMA, and, the VFSC. Classic, Edge, IRESS Standard, IRESS Premium, and, IRESS Gold Accounts are offered. Moreover, a Demo Account is available. In addition, notable factors and features include:
- 100 USD Minimum Deposit
- Several Base Currencies, including USD, EUR, and, GBP
- Access to over 50 Currency Pairs, including Major, Minor, and, Exotic Pairs
- An Inactivity Fee is charged
- Multilingual Customer Support
Trading Instruments include Forex, metals, shares, energies, crypto CFDs, and, Indices. TMGM supports MetaTrader 4, MetaTrader 5, IRESS, and, HUBx.
| 🔍 Broker | 🥇TMGM |
| 💵 Minimum Deposit | 100 USD |
| 4️⃣ Ease of use Rating | 4/5 |
| 🎁 Bonuses | None |
| ⏰ Support Hours | 24/7 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Quick order execution + little slippage | Restricted Proprietary Platforms |
| MT4 and MT5 | Limited Demo Account |
Our Insights
The benefits of trading with TMGM include access to the MetaTrader Suite and IRESS trading platform.
FBS
FBS is an extremely well-regulated Forex and CFD Brokerage. Regulations by acclaimed and trusted agencies include IFSC, CySEC, ASIC, and, the FSCA. Accounts available are Retail and Islamic, Swap-Free Options. Moreover, a Demo Account is available. In addition, notable Factors and features include:
- Spreads from 0.7 Pips
- Leverage of up to 1:3000
- Low 5 USD Minimum Deposit
- No Inactivity Fee is Charged
- Multilingual Customer Support
- Access to over 70 Currency Pairs
Trading Instruments include Forex, Precious Metals, Indices, Energies, Stocks, and, Crypto CFDs. In addition, Scalping and Hedging are provided. FBS supports MT4 and MT5. In addition, a Proprietary Mobile App is available.
| 🔎 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
The benefits of trading with FBS include access to over 100 trusted payment options. Moreover, excellent educational resources and research are available.
AvaTrade
AvaTrade is a licensed and established broker that provides a full trading experience. Regulations by acclaimed and trusted agencies include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and, the JFSA. Accounts available Retail, Islamic, and, Professional. Moreover, a Demo Account is available. In addition, notable Factors and Features include:
- 24/5 Customer Support
- Multiple Base Currencies, including ZAR, USD, GBP, and, AUD
- Spreads from 0.6 Pips
- Leverage of up to 1:30 on the Retail Account
- Access to over 50 Currency Pairs
Trading instruments and Products include forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, and, CFDs. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade.
| 🔎 Broker | 🥇 AvaTrade |
| 💴 Minimum Deposit | 100 USD |
| 🖱️ Account Types | Retail, Islamic, Professional |
| 🪙 Base Currencies | ZAR, USD, GBP, AUD |
| 5️⃣ Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅ Yes, referral bonus |
| ⏰ Support Hours | 24/5 |
| 💵 Currency Pairs | 51; Major, Minor, Exotic Pairs |
| 🤝 Affiliate Program | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Over 1,260 instruments | Inactivity fees on dormant accounts |
| Fixed spreads from 0.6 pips on the Pro Account | The demo account is available for 21 days |
| Islamic Account | Deposit and withdrawal options are limited |
| There is a free demo account available | Leverage is capped at 1:30 for retail accounts |
Our Insights
The benefits of trading with AvaTrade include access to Free Deposits and Withdrawals.
FXTM
FXTM is a formidable Forex and CFD brokerage. Regulations by acclaimed and trusted agencies include CySEC, FSCA, FCA, CMA, and, the FSC Mauritius. Accounts available are Micro, Advantage, and, Advantage Plus. Moreover, a Demo Account is available. In addition, notable Factors and Features include:
- Several Base Currencies, including USD, EUR, GBP, and, NGN
- Spreads from 0.0 Pips
- Leverage of up to 1:2000
- Access to over 60 Currency Pairs
- An Inactivity Fee is Charged
- A Commission Fee is Charged
Trading instruments and Products include Forex, Forex Indices, Spot Metals, CFD Kenya Stocks, Kenya Stocks, CFD US Stocks, US Stocks, Hong Kong Stocks, CFD EU Stocks, Spot Commodities, Spot Indices, Stock Baskets, and, Crypto CFDs.
In addition, FXTM supports MetaTrader 4 and MetaTrader 5. Furthermore, a proprietary mobile app is available.
| 🔎 Broker | 🥇 FXTM |
| 💴 Minimum Deposit | 10 USD |
| 💵 Inactivity Fee | $5 after 6 months of inactivity |
| 🎁 Bonuses | Referral bonus |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader |
| 📌 Account Types | Micro, Advantage, Advantage Plus |
| 💷 Base Currencies | USD, EUR, GBP, NGN |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Micro Account for Beginners | Inactivity Fee |
| Dedicated customer support teams | Fees apply to most withdrawal methods |
Our Insights
The benefits of trading with FXTM include access to excellent educational resources and trusted customer support.
XTB
XTB is a trusted and highly regulated Forex and CFD service provider. Regulations by acclaimed and trusted agencies include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, IFSC. Accounts available are Standard and Swap-Free. Moreover, a Demo Account is available. In addition, notable Factors and Features include:
- 24/5 Customer Support
- Spreads from 0.5 Pips
- Leverage of up to 1:500
- Access to over 55 Currency Pairs
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 various technical indicators.
Is Forex Trading Legal in Sudan?
Forex Trading in Sudan is Legal and regulated by the Bank of South Sudan.
In Conclusion
Forex Trading in Sudan is legal and governed. Moreover, Multiple International Forex Brokers accept Sudanese 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 Sudanese 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 Sudan is Legal.
The Bank of South Sudan.
The Sudanese Pound.
Muslims in Sudan can Trade forex via an Islamic, Swap-Free Account.
No minimum deposit is required.
TMGM offers 24/7 Customer Support.
No Inactivity Fee is charged.
An Islamic, Swap-Free Account is available.
Micro and Demo Accounts are available.
No minimum deposit is required.
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