The 3 Best Forex Brokers in Gambia – Rated and Reviewed. We have listed the Best Forex Brokers accepting Gambian Traders.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Gambia – a List
- Is Forex Trading Legal in Gambia?
- The Best Forex Brokers for Beginners and Foreigners
- The Best MetaTrader Forex Brokers in Africa
and much, MUCH more!
3 Best Forex Brokers in Gambia – a Comparison
3 Best Forex Brokers in Gambia (2024)
- ☑️ AvaTrade – Overall, the Best Forex Broker in Gambia
- ☑️ IC Markets – Best Overall Offering
- ☑️ FP Markets – Best Online Trading Experience
AvaTrade
AvaTrade is a highly regulated and well-established Forex and CFD Broker. Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and, the JFSA. Accounts include Retail, Islamic, and, Professional. Moreover, a Demo Account is available. The minimum deposit is 100 USD. Notable features include:
- Access to over 50 Currency Pairs
- Spreads from 0.6 Pips
- Leverage of up to 1:30
Factors to consider include an Inactivity Fee. Trading Instruments include Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, and, CFDs. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade.
Pros and Cons
Our Insights
The benefits of trading with AvaTrade include Social and Copy Trading. Established Traders will benefit from the Professional Account.
IC Markets
IC Markets is a well-established and popular Forex and CFD Broker. Regulations include AUD, USD, JPY, EUR, NZD, SGD, GBP, and, CAD. Accounts include cTrader, Raw Spread, and, Standard. Moreover, Demo and Islamic, Swap-Free Accounts are offered. The minimum deposit is 200 USD. Factors to consider include:
- Access to over 60 Currency Pairs
- 24/7 Customer Support
- ZuluTrade and Signal Start Integration
- 8 Base Currencies.
Trading Platforms supported are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade. Trading Instruments are Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. In addition, Scalping and Hedging are allowed.
Pros and Cons
Our Insights
The benefits of trading with IC Markets include access to comprehensive education and research.
FP Markets
FP Markets is a popular and highly trusted financial service provider. Regulations include ASIC, CySEC, FSCA, FSA, and, the FSC. Accounts available are standard, Raw, Islamic Standard, and, Islamic Raw. Moreover, a Demo Account is available. The minimum deposit is AU$100. Notable Features and Factors to consider include:
- 24/7 Customer Support
- 10 Base Currencies
- Spreads from 0.0 Pips
- Leverage of up to 1:500
FP Markets support MetaTrader 4, MetaTrader 5, IRESS, and, cTrader. Forex, Shares, Metals, Commodities, Indices, Cryptocurrencies, Energies, ETFs, and Bonds are trading instruments available. In addition, a Proprietary Mobile App is offered.
Pros and Cons
Our Insights
The benefits of trading with FP Markets include access to multiple trusted deposit options. Options include Neteller and Perfect Money.
Is Forex Trading Legal in Gambia?
Forex Trading in Gambia is legal and regulated by the Central Bank of Gambia (CBG).
The Central Bank of Gambia (CBG)
The CBG is the Bank of Gambia. It is responsible for providing Banking Services and the management of Interest Rates and Foreign Exchange.
In Conclusion
Forex Trading in Gambia has seen a rise among young professionals. It is legal and regulated by the Central Bank of Gambia (CBG).
Our Insights
While reviewing the Best Forex Brokers that accept Gambian Traders, we found 3 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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