Eritrea Forex brokers in Eritrea

Here you can find a list of the best global Forex brokers online accepting traders in Eritrea for Forex trading.

Risk Warning: Your capital is at risk.

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Popularity Minimum Deposit
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ECN (Min. Deposit)
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Leverage
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MT4 MT5 Bonus
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Review
1  Exness 5/5 $1 / 0.0001₿ $10 / 0.001₿ ≤2000:1 Review
2  IC Markets 4/5 $200 ≤500:1 Review
3  RoboForex 4/5 $10 $10 ≤2000:1 Review
4  XM Group 4/5 $5 ≤6000:1 $50 Review
5  Deriv 4/5 $5 ≤1000:1 Review
6  FBS 3/5 $5 ≤3000:1 Review
7  FxPro 3/5 $100 Review
8  JustMarkets 3/5 $1 $100 ≤3000:1 $30 Review
9  LiteFinance 3/5 $10 ≤1000:1 Review
10  Alpari 3/5 $200 $300 ≤1000:1 Review
11  Vantage 4/5 $50 $500 ≤500:1 Review
12  admirals 3/5 $1 ≤500:1 Review
13  AMarkets 2/5 $100 $200 ≤3000:1 Review
14  AvaTrade 3/5 $100 ≤400:1 Review
15  FP Markets 3/5 $100 $100 ≤500:1 Review
16 HFM 3/5 ≤2000:1 Review
17 IC Trading 2/5 $200 ≤500:1 Review
18 IronFX 2/5 $100 $100 ≤1000:1 Review
19  LQDfx 2/5 $20 ≤1000:1 Review
20  OctaFx 4/5 $50 $100 ≤500:1 Review
21  Tickmill 3/5 $100 $100 ≤500:1 $30 Review
22  XTB 4/5 ≤200:1 Review
23 BlackBull Markets 2/5 $1 ≤500:1 Review
24  FreshForex 2/5 $10 / 0.001₿ $10 / 0.001₿ ≤2000:1 $2024 Review
25  InstaForex 3/5 $1 ≤1000:1 $500 Review
26  IQ Option 3/5 Review
27  xChief 2/5 $10 ≤1000:1 $100 Review
28  FXTM 3/5 $50 $500 Review
29 Fortrade 3/5 $100 $100 ≤200:1 Review
30 FxGlory 2/5 $1 ≤3000:1 Review
31  FXOpen 2/5 $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
32 ThinkMarkets 3/5 $1 $500 Review
33  Amega 2/5 $20 ≤1000:1 Review
34  Axi 3/5 $1 ≤400:1 Review
35  Eightcap 3/5 $100 ≤500:1 Review
36 IFC Markets 2/5 $1000 ≤400:1 Review
37  NordFX 2/5 $5 $1000 ≤1000:1 Review
38 TradersWay 2/5 $1 $10 ≤1000:1 Review
39  EagleFX 2/5 $10 ≤500:1 Review
40  FiboGroup 2/5 $1 $50 ≤3000:1 Review
41  GrandCapital 2/5 $10 $500 ≤500:1 Review
42  Libertex 3/5 $100 ≤30:1 Review
43 LMFX 2/5 $10 ≤1000:1 Review
44 Mtrading 2/5 $100 ≤1000:1 $30 Review
45  Weltrade 2/5 $25 ≤1000:1 Review
46 easyMarkets 2/5 $100 ≤400:1 Review
47 HYCM 2/5 $20 ≤30:1 Review
48 Land Prime 2/5 $300 $2000 ≤500:1 Review
49 Markets.com 3/5 $100 ≤300:1 Review
50 NPBFX 2/5 $10 ≤1000:1 Review
51 SimpleFX 2/5 $1 / 0.0001₿ ≤500:1 Review
52  worldforex 2/5 $1 ≤1000:1 $10 Review
53 Coinexx 2/5 0.001₿ ≤500:1 Review
54  ForexMart 2/5 $15 ≤3000:1 Review
55 FxPrimus 2/5 $100 $100 ≤1000:1 Review
56  Orbex 2/5 $200 $500 ≤500:1 Review
57 N1CM 2/5 $5 ≤1000:1 Review
Popularity 5/5
Minimum Deposit $1 / 0.0001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $200
Leverage ≤500:1
MT4
MT5

Popularity 4/5
Minimum Deposit $10
ECN $10 (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $5
Leverage ≤6000:1
MT4
MT5
Bonus $50 Residents within Australia are not eligible for this bonus

Popularity 4/5
Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $5
Leverage ≤3000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
MT4
MT5

Popularity 3/5
Minimum Deposit $1
ECN $100 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5
Bonus $30 Residents within EEA are not eligible for this bonus

Popularity 3/5
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $200
ECN $300 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $50
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $1
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100
ECN $200 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
Leverage ≤400:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

16
Review
Popularity 3/5
Leverage ≤2000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $200
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $20
Leverage ≤1000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $50
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $30 Residents within Australia are not eligible for this bonus

22
Review
Popularity 4/5
Leverage ≤200:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2024

Popularity 3/5
Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $500

Popularity 3/5
MT4
MT5

Popularity 2/5
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5
Bonus $100

Popularity 3/5
Minimum Deposit $50
ECN $500 (Min. Deposit)
MT4
MT5

Popularity 3/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤200:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10

Popularity 3/5
Minimum Deposit $1
ECN $500 (Min. Deposit)
MT4
MT5

Popularity 2/5
Minimum Deposit $20
Leverage ≤1000:1
MT4
MT5

34
Review
Popularity 3/5
Minimum Deposit $1
Leverage ≤400:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1000
Leverage ≤400:1
MT4
MT5

Popularity 2/5
Minimum Deposit $5
ECN $1000 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
ECN $10 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
ECN $50 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
Leverage ≤30:1
MT4
MT5

43
Review
Popularity 2/5
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100
Leverage ≤1000:1
MT4
MT5
Bonus $30 Residents within EEA are not eligible for this bonus Residents within Australia are not eligible for this bonus

Popularity 2/5
Minimum Deposit $25
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100
Leverage ≤400:1
MT4
MT5

47
Review
Popularity 2/5
Minimum Deposit $20
Leverage ≤30:1
MT4
MT5

Popularity 2/5
Minimum Deposit $300
ECN $2000 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
Leverage ≤300:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $10 Residents within EEA are not eligible for this bonus

Popularity 2/5
Minimum Deposit 0.001₿
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $15
Leverage ≤3000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $200
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

57
Review
Popularity 2/5
Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5


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Forex trading in Eritrea is not regulated by the government and there is no official regulatory body overseeing the market. However, it is possible for individuals to engage in forex trading through international online brokers. It is important to note that the Eritrean government has strict foreign exchange controls in place and individuals may face challenges in obtaining foreign currency to fund their trading accounts. Additionally, it is important to thoroughly research and choose a reputable and regulated online broker.

What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.


Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital.

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