Uganda Forex brokers in Uganda

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

Risk Warning: Your capital is at risk.

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Popularity Minimum Deposit
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Kiswahili Review
1  Exness 5/5 3800 UGX / $1 38000 UGX / $10 ≤2000:1 Review
2  LiteFinance 3/5 $10 ≤1000:1 Review
3  Deriv 4/5 $5 ≤1000:1 Review
4  IC Markets 4/5 $200 ≤500:1 Review
5  RoboForex 4/5 $10 $10 ≤2000:1 Review
6  XM Group 4/5 $5 ≤1000:1 $50 Review
7  FreshForex 2/5 $10 / 0.001₿ $10 / 0.001₿ ≤2000:1 $2024 Review
8  FBS 3/5 $5 ≤3000:1 Review
9  FxPro 3/5 Review
10  JustMarkets 3/5 $1 $100 ≤3000:1 $30 Review
11  Alpari 3/5 $50 $300 ≤1000:1 Review
12  Vantage 4/5 $50 $500 ≤500:1 Review
13  admirals 3/5 $1 ≤500:1 Review
14  AMarkets 2/5 $100 $200 ≤3000:1 Review
15  AvaTrade 3/5 $100 ≤400:1 Review
16  FP Markets 3/5 $100 $100 ≤500:1 Review
17 HFM 3/5 ≤2000:1 Review
18 IC Trading 2/5 $200 ≤500:1 Review
19 IronFX 2/5 $100 $100 ≤1000:1 Review
20  Plexytrade 2/5 $20 ≤1000:1 Review
21  Tickmill 3/5 $100 $100 ≤500:1 $30 Review
22  BlackBull 2/5 $1 $2000 ≤500:1 Review
23  InstaForex 3/5 $1 ≤1000:1 $500 Review
24  IQ Option 3/5 Review
25  Pepperstone 3/5 $10 $10 ≤500:1 Review
26  ActivTrades 2/5 $10 ≤200:1 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  Amega 2/5 $20 ≤1000:1 Review
33  Axi 3/5 $1 ≤400:1 Review
34  Eightcap 3/5 $100 ≤500:1 Review
35 IFC Markets 2/5 $1000 ≤400:1 Review
36  NordFX 2/5 $5 $1000 ≤1000:1 Review
37 TradersWay 2/5 $1 $10 ≤1000:1 Review
38  EagleFX 2/5 $10 ≤500:1 Review
39  FiboGroup 2/5 $1 $50 ≤3000:1 Review
40 Fortrade Cyprus 3/5 $100 $100 ≤30:1 Review
41  GrandCapital 2/5 $10 $500 ≤500:1 Review
42 LMFX 2/5 $10 ≤1000:1 Review
43  Weltrade 2/5 $25 ≤1000:1 Review
44 easyMarkets 2/5 $100 ≤400:1 Review
45 HYCM 2/5 $20 ≤30:1 Review
46 Land Prime 2/5 $300 $2000 ≤500:1 Review
47 NPBFX 2/5 $10 ≤1000:1 Review
48 SimpleFX 2/5 $1 / 0.0001₿ ≤500:1 Review
49  worldforex 2/5 $1 ≤1000:1 $10 Review
50 Coinexx 2/5 0.001₿ ≤500:1 Review
51  ForexMart 2/5 $15 ≤3000:1 Review
52 FxPrimus 2/5 $100 $100 ≤1000:1 Review
53  Orbex 2/5 $200 $500 ≤500:1 Review
54 N1CM 2/5 $5 ≤1000:1 Review
Popularity 5/5
Minimum Deposit 3800 UGX / $1
ECN 38000 UGX / $10 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $10
MT4
MT5
Kiswahili

Popularity 4/5
Minimum Deposit $5
MT4
MT5
Kiswahili

Popularity 4/5
Minimum Deposit $200
MT4
MT5
Kiswahili

Popularity 4/5
Minimum Deposit $10
ECN $10 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 4/5
Minimum Deposit $5
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $5
MT4
MT5
Kiswahili

Popularity 3/5
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $1
ECN $100 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $50
ECN $300 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 4/5
Minimum Deposit $50
ECN $500 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $1
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $100
ECN $200 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $100
MT4
MT5
Kiswahili

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

17
Review
Popularity 3/5
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $200
MT4
MT5
Kiswahili

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

Popularity 2/5
Minimum Deposit $20
MT4
MT5
Kiswahili

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

Popularity 2/5
Minimum Deposit $1
ECN $2000 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $1
MT4
MT5
Kiswahili

Popularity 3/5
MT4
MT5
Kiswahili

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

Popularity 2/5
Minimum Deposit $10
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $10
MT4
MT5
Kiswahili

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

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

Popularity 2/5
Minimum Deposit $1
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $20
MT4
MT5
Kiswahili

33
Review
Popularity 3/5
Minimum Deposit $1
MT4
MT5
Kiswahili

Popularity 3/5
Minimum Deposit $100
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1000
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $5
ECN $1000 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1
ECN $10 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $10
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1
ECN $50 (Min. Deposit)
MT4
MT5
Kiswahili

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

Popularity 2/5
Minimum Deposit $10
ECN $500 (Min. Deposit)
MT4
MT5
Kiswahili

42
Review
Popularity 2/5
Minimum Deposit $10
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $25
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $100
MT4
MT5
Kiswahili

45
Review
Popularity 2/5
Minimum Deposit $20
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $300
ECN $2000 (Min. Deposit)
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $10
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $1
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit 0.001₿
MT4
MT5
Kiswahili

Popularity 2/5
Minimum Deposit $15
MT4
MT5
Kiswahili

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

Popularity 2/5
Minimum Deposit $200
ECN $500 (Min. Deposit)
MT4
MT5
Kiswahili

54
Review
Popularity 2/5
Minimum Deposit $5
MT4
MT5
Kiswahili


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In Uganda, Forex trading has become increasingly popular in recent years due to the growth of the internet and access to online platforms.

Forex traders in Uganda use platforms such as MetaTrader 4 and 5, as well as other online brokers, to buy and sell currencies. The Ugandan shilling (UGX) is the local currency, but traders also have access to other major currencies such as the US dollar (USD), euro (EUR), and British pound (GBP).

The Bank of Uganda (BoU) is the regulatory body for Forex trading in Uganda and sets guidelines for licensed Forex brokers to operate in the country. They also provide oversight to ensure that traders are protected from fraud and other illegal activities.

Forex trading in Uganda can be risky, as the market is highly volatile and subject to sudden fluctuations. Traders must be well-informed and have a solid understanding of market trends and trading strategies to be successful.

Overall, Forex trading in Uganda is a viable option for those who are willing to take on the risk and have the knowledge and resources to succeed in the market.

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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