Iceland Forex Brokers in Iceland

Find a list of the best european Forex brokers online authorized in Iceland by FME (Fjármálaeftirlitið) for Forex trading, due to a licence to operate within the European Economic Area.

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

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Popularity Minimum Deposit
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ECN (Min. Deposit)
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1 IC Markets 4/5 $/ 200€ Review
2 +500 CFD 4/5 15000 kr. / 100€ Review
3 XM Group 4/5 $/ 5€ Review
4 FxPro 3/5 $/ 100€ Review
5 Fortrade 2/5 $/ 100€ $/ 100€ Review
6 Capital.com 3/5 $/ 20€ Review
7 Pepperstone 3/5 $/ 10€ $/ 10€ Review
8 XTB 4/5 Review
9 admirals 3/5 $/ 1€ Review
10 Tickmill 3/5 $/ 100€ $/ 100€ Review
11 IronFX 2/5 $/ 100€ $/ 100€ Review
12 AvaTrade 3/5 $/ 100€ Review
13 Trading212 3/5 $/ 100€ Review
14 FP Markets 2/5 $100 $100 Review
15 IQ Option 4/5 Review
16 RoboMarkets 2/5 $/ 100€ $/ 100€ Review
17 ThinkMarkets 2/5 $/ 1€ $/ 500€ Review
18 Naga 2/5 $/ 250€ Review
19 FxPrimus 2/5 $/ 100€ $/ 100€ Review
20 ActivTrades 2/5 $/ 10€ Review
21 easyMarkets 2/5 $/ 100€ Review
22 Markets.com 2/5 $/ 100€ Review
23 HF Markets 2/5 $/ 50€ Review
24 NSFX 2/5 $/ 300€ $/ 3000€ Review
Popularity 4/5
Minimum Deposit $/ 200€
MT4
MT5
Íslenska

Popularity 4/5
Minimum Deposit 15000 kr. / 100€
MT4
MT5
Íslenska

Popularity 4/5
Minimum Deposit $/ 5€
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 100€
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
ECN $/ 100€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 20€
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 10€
ECN $/ 10€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 4/5
MT4
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Íslenska

Popularity 3/5
Minimum Deposit $/ 1€
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 100€
ECN $/ 100€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
ECN $/ 100€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 100€
MT4
MT5
Íslenska

Popularity 3/5
Minimum Deposit $/ 100€
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
MT4
MT5
Íslenska

Popularity 4/5
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
ECN $/ 100€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 1€
ECN $/ 500€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 250€
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
ECN $/ 100€ (Min. Deposit)
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 10€
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
MT4
MT5
Íslenska

Popularity 2/5
Minimum Deposit $/ 100€
MT4
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Íslenska

Popularity 2/5
Minimum Deposit $/ 50€
MT4
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Íslenska

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Popularity 2/5
Minimum Deposit $/ 300€
ECN $/ 3000€ (Min. Deposit)
MT4
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Íslenska


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In Iceland, forex trading is a popular form of investment as it allows individuals and businesses to take advantage of the fluctuating exchange rates between different currencies.

Iceland has a small but well-developed financial market, and there are a number of reputable forex brokers operating in the country. These brokers offer traders access to the global forex market, allowing them to trade currencies such as the US dollar, euro, and British pound.

In Iceland, forex trading is regulated by the Central Bank of Iceland and the Financial Supervisory Authority (FSA). These institutions ensure that forex brokers operating in the country are compliant with regulations and are providing a fair and transparent service to their clients.

Icelandic traders can access the forex market through a variety of platforms, including desktop and mobile apps, as well as web-based platforms. Many brokers also offer educational resources, such as market analysis and trading strategies, to help traders make informed decisions.

Overall, forex trading in Iceland is a viable investment opportunity, with a range of reputable brokers and a well-regulated market. However, it is important for traders to be aware of the risks associated with forex trading and to seek professional advice before making any investments.

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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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 ·