10 Best Forex Brokers in Syria
The 10 Best Forex Brokers in Syria – Rated and Reviewed. We have listed the top Forex Brokers accepting Syrian Traders.
In the in-depth guide you will learn:
- The Best Forex Brokers in Syria – a List
- Is Forex Trading Legal in Syria?
- The Best MT4/MT5 Forex Brokers for Beginners
- Forbes Listed Forex Brokers
and much, MUCH more!
10 Best Forex Brokers in Syria – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Syrian Traders | 💶 Min. Deposit |
| 🥇 XTB | 👉 Click Here | ✅Yes | None |
| 🥈 FxPro | 👉 Click Here | ✅Yes | 100 USD |
| 🥉 Admirals | 👉 Click Here | ✅Yes | 25 USD |
| 🏅 FXTM | 👉 Click Here | ✅Yes | 10 USD |
| 🎖️ IC Markets | 👉 Click Here | ✅Yes | 200 USD |
| 🥇 XM | 👉 Click Here | ✅Yes | 5 USD |
| 🥈 HF Markets | 👉 Click Here | ✅Yes | None |
| 🥉 RoboForex | 👉 Click Here | ✅Yes | 10 USD |
| 🏅 FBS | 👉 Click Here | ✅Yes | 5 USD |
| 🎖️ Tickmill | 👉 Click Here | ✅Yes | 100 USD |
10 Best Forex Brokers in Syria (2024)
- ☑️ XTB – Overall, the Best Forex Broker in Syria
- ☑️ FxPro – Best Low Spread Broker in Syria
- ☑️ Admirals – Best MT4 Broker for Beginners
- ☑️ FXTM – Top Technical Analysis Broker
- ☑️ IC Markets – Best Online Trading Experience
- ☑️ XM – Leading MetaTrader 5 Broker
- ☑️ HF Markets – Best Mobile Trading Experience
- ☑️ RoboForex – Excellent Overall Offering
- ☑️ FBS – Deposit Bonus + High Leverage
- ☑️ Tickmill – Best Copy Trading Forex Broker
XTB
XTB is a well-regulated Forex Broker that provides access to Standard Forex and Islamic Account Types. Benefits of the XM Islamic Account include:
- 1,500 markets including FX, Crypto, Indices, Commodities, and ETFs
- Leverage up to 200:1
- Free of any special fees or interest
- Moreover, the Swap-Free account offers two trading platforms, Station and MetaTrader 4. A Minimum deposit is not required.
| 🔍 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 XM include Mobile Trading, in-depth market research, and, trusted customer support
FxPro
FxPro is an established Forex and CFD broker that offers access to Standard, Pro, Raw+, ECN, and Islamic Accounts. Trading Platforms include MetaTrader 4, MetaTrader 5, and cTrader.
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
Benefits of trading with FxPro include Spreads from 0.0 pips, proprietary apps/trading platforms, and, an extensive selection of trading products.
Admirals
Admirals is a highly regulated and trusted Brokerage that offers access to Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and Bets.MT5 Accounts. Moreover, a Swap-Free option is available on the standard Trade.MT5 account.
The Islamic Account is available to retail and Professional Traders. The minimum deposit is 25 USD.
| 🔎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 Spreads from 0.0 pips, Low Commissions from $0.02, and Trusted customer support.
FXTM
FXTM is a highly regulated Forex Broker that offers Micro, Advantage, and, Advantage Plus accounts. Moreover, it provides swap-free options on all account types, except the MT5 account.
The Micro and Advantage Plus Accounts are commission-free. The minimum deposit is 10 USD.
| 🔎 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 Insight
Benefits of trading with FXTM include a secure trading environment, comprehensive educational resources, and advanced trading platforms.
IC Markets
IC Markets is a well-established Forex and CFDs Broker that offers access to cTrader, Raw Spread, and, Standard Accounts. Moreover, the swap-free option is available on both Raw Spread and Standard account types on the MetaTrader4, MetaTrader 5, and cTrader platforms.
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
Trading with IC Markets includes multiple benefits, including Comprehensive education and research, a wide range of trading products, and, various leverage choices from 1:1 to 1:500.
XM
XM stands out as a Leading Forex and CFDs Broker that offers access to Micro, Standard, Ultra-Low, and, Shares Accounts. Moreover, an Islamic Account is accessible in all three primary account types.
The Islamic account is paired with the MetaTrader 4 and MetaTrader 5 trading platforms. 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
The Benefits of trading with XM include the availability of an Ultra-Low Account, Mobile Trading, and the absence of deposit or withdrawal charges.
HF Markets
HF Markets is a highly regulated Forex Broker that offers access to Cent, Premium, Zero, and Pro Accounts. Moreover, an Islamic Account with no Expiration, no Spread Widening, no Commissions, and no Hidden Fees is available.
| 🔎 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
The Benefits of trading with HF Markets include several trading accounts and mobile trading on iOS and Android smartphones.
RoboForex
RoboForex is a trustworthy and highly regulated Forex Broker. Account types include Prime, ECN, R StocksTrader, ProCent, and, Pro. Moreover, an Islamic Account is available for cent and standard MetaTrader 4-based accounts.
The minimum deposit is 10 USD.
| 🔎 Broker | 🥇 RoboForex |
| 💴 Minimum Deposit | 10 USD |
| 💵 Inactivity Fee | None |
| 💶 Base Currencies | USD, EUR |
| 📈 Spreads | From 0.0 pips |
| 📉 Leverage | 1:2000 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Minimum Deposit | Limited number of currency pairs |
| Well-regulated | Slow execution speeds |
| Copy trading available | Limited cryptocurrency selection |
Our Insights
The Benefits of Trading with RoboForex include Copy and Mobile Trading.
FBS
FBS is a well-regulated Forex Brokers that provides Retail, Demo, and, Islamic Accounts. Moreover, the Islamic Account operates across MetaTrader 4 and MetaTrader 5 platforms.
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
The benefits of Trading with FBS include a Low minimum deposit, a Leverage of up to 1:3000, and, Commission-free trading.
Tickmill
Tickmill is a popular and well-established Forex Broker that offers VIP, Classic, and Pro Accounts. Moreover, a Classic or Raw Islamic Account is available.
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
The Benefits of Trading with Tickmill include tight spreads and a low commission structure.
Is Forex Trading Legal in Syria?
Forex Trading is not restricted in Syria. Moreover, Forex trading is not explicitly regulated. However, the Syrian financial markets are regulated and governed by the Syrian Commission on Financial Markets and Securities (SCFMS).
Can Muslims trade Forex in Syria?
The majority of Syrians are Muslim and Forex Trading must be conducted via an Islamic, or Swap-Free Account. A Swap-Free trading account is void of swap fees. This means the Trader will neither pay nor receive a swap fee.
Moreover, Non-Muslim traders can select any Forex Account that suits their trading needs, without restriction. General Account Types offered include Standard and Professional.
What is a Swap Fee in Forex? – Explained
In trading, a Swap refers to the interest that one pays or receives for holding a position overnight. The Swap Fee is calculated based on the differential interest rates of the traded currencies.
In Conclusion
Forex Trading’s popularity in Syria has experienced a notable rise. However, Syria does not explicitly regulate Forex trading. Moreover, being predominantly Muslim, Syrians must conduct Forex Trading through an International Broker that offers an Islamic Account option.
| 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 Syrian Traders, we found 10 excellent options. Each broker has its list of Benefits, ranging from Islamic, Swap-Free account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like:
Faq
Tickmill provides a wealth of instructional tools, including webinars, video lessons, and market analysis.
FBS provides 24/7 multilingual customer support.
RoboForex’s minimum deposit is 10 USD.
HF Markets is based in Cyprus.
1,000+ financial instruments across multiple asset classes.
IC Markets provides various leverage choices, from 1:1 to 1:500.
Numerous respectable financial regulators regulate FXTM
MetaTrader 4 and MetaTrader 5
No Minimum deposit is required.
FxPro provides a free trial account with virtual funds
The Syrian Commission on Financial Markets And Securities (SCFMS) governs the local financial markets
Forex trading is not explicitly regulated in Syria.
Forex Trading is Legal in Syria.
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