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

Popularity 4/5
Minimum Deposit $200
Leverage ≤500:1
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 3/5
Minimum Deposit $10
Leverage ≤1000:1
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 $5
Leverage ≤3000:1
MT4
MT5

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

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

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

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

Popularity 3/5
Minimum Deposit $100
MT4
MT5

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

14
Review
Popularity 4/5
Leverage ≤200:1
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

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

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

18
Review
Popularity 3/5
Leverage ≤2000:1
MT4
MT5

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

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

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

Popularity 4/5
Minimum Deposit $50
ECN $100 (Min. Deposit)
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 2/5
Minimum Deposit $1
Leverage ≤500:1
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 4/5
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 $1
ECN $500 (Min. Deposit)
MT4
MT5

Popularity 2/5
Minimum Deposit $20
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 $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 $50 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5

38
Review
Popularity 2/5
Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5

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

40
Review
Popularity 3/5
Minimum Deposit $1
Leverage ≤400:1
MT4
MT5

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

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

Popularity 3/5
Minimum Deposit $100
Leverage ≤30:1
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 3/5
Minimum Deposit $100
Leverage ≤500:1
MT4
MT5

46
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 2/5
Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10
Leverage ≤1000:1
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 $15
Leverage ≤3000:1
MT4
MT5

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

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

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

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

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

The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: Australia · Belgium · Canada · Spain · France · Israel · Japan · Latvia · New Zealand · Portugal · Turkey · United States ·