10 Best
Forex Trading Platforms and Brokers in
Gabon

Maximize
the stock
Markets

with 1:2 leverage
on the world's
leading stocks

When trading in Gabon, traders will need to know what their options are when picking a Forex Broker and Trading Platform. The great news – Forex trading is 100% legal in Gabon.

 

In this article we have listed the 10 Best Forex Brokers and Trading platforms available to traders in Gabon. For traders who are looking for regulated, trustworthy and established Forex Brokers available to traders in Gabon which are suitable for trading in the Forex, CFD’s, Indices and ETFs, Cryptocurrencies or commodity markets; this guide is an excellent place to start.

Maximize
the stock
Markets

with 1:2 leverage
on the world's
leading stocks

Maximize
the stock
Markets

with 1:2 leverage
on the world's
leading stocks

Olymp Trade

Olymp Trade

Founded in:                        2014

Headquarters:                   St. Vincent and the Grenadines

Regulation:                         ‎IFC

Platforms:                           Olymp Trade WebTrader

Leverage:                            1:500 on FX Trading

Minimum Deposit:          USD$10

 

Olymp Trade is a well-known online trading platform, which offers traders multiple assets, also including binary optionsSafety measures and precautions are put first by this platform and it is considered a financial organization which keeps the interests of their clients in mind at all times.  Traders are also offered access to educational resources and training materials.

 

Pros

Cons

No deposit or withdrawal fee

Only one trading platform available

Free Demo Account available

Not available for trading in all countries (EU, UK, and USA included)

Member of the Financial Commission

Long withdrawal process

Customer service available 24\7

 

 

Olymp Trade is partly regulated by an international organization, the Financial Commission. The minimum amount required to start investments and open a live account is $1 plus Technical support is available 24/7 in a multitude of languages by a team of specialists, through email, phone and chat – both quickly and efficiently.

IQ Option logo

IQ Option

Founded in:                        2013

Headquarters:                   Cyprus

Regulation:                         CySEC

Platforms:                           In-House Platform

Leverage:                            1:30 and/or 1:1000

Minimum Deposit:          USD$10

 

IQ Option is a broker developed under the IQ Option Europe company which was founded in 2013. IQ Option holds a CySEC license. (Cyprus Securities and Exchange Commission from Cyprus), with permission to provide its financial services within the European Economic Area zone, with several licenses from other EU local jurisdictions. IQ Option offers its clients services in binary options, stocks and shares, currencies, and ETF trading.

 

The IQ Options trading platform and website are available to traders in thirteen different languages and allows traders to choose the currency pairs to trade with. The most popular currency pairs are the following: EUR/USD, USD/JPY, AUD/NZD, GBP/USD, EUR/JPY

 

Pros

Cons

Regulated by the Cyprus Securities and Exchange Commission (CySEC)

Does not provide MT4 and MT5 trading platforms

Easy and convenient method of opening an account

Not available for traders in the US, Canada, Australia, Japan, and other countries

Wide range of trading instruments

 

No deposit and withdrawal fees

 

 

Customer service which available 24/7 through email, live chat or via telephone. For traders who want to speak to customer service or search the site in their native language, IQ Option has also translated their website and offers customer support in a dozen different languages including Vietnamese, Mexican and Portuguese.

AvaTrade

AvaTrade

AvaTrade is an excellent partner for all types of traders, be it beginner or pro – with over 200,000 active traders around the globe, on both the MetaTrader 4 and AvaGo platforms.  AvaTrade offers great trading conditions across Forex, commodities, cryptocurrencies, ETFs, bonds, and equities and has both a FSCA and ASIC regulation.

 

Min. Deposit

Max. Leverage

Min. Spread

Commission

Islamic

USD 100

400:1

1.3 pips

None

Professional

USD 100

400:1

1.3 pips

None

Retail

USD 100

400:1

1.3 pips

None

AvaTrade does not charge their clients for making deposits and withdrawals and the only costs are the bank card, e-wallet, or bank transfer fees.  Traders have access to professional customer support, 24 hours a day, five days a week.

AvaTrade support a wide range of languages including English, Italian, German, French, Greek, Hebrew, Spanish, Arabic, Malay, Russian, Chinese, Portuguese and Dutch.

XM Group

XM Group

The XM Group provides the entire suite of MetaTrader platforms and over 1300 tradeable instruments. It was founded in 2009, and is regulated in two tier-1 jurisdictions and one tier-2 jurisdiction, making it an average-risk for forex and CFDs trading.  XM Global Limited is authorised and regulated by the International Financial Services Commission (IFSC) (60/354/TS/19).

XM Group’s research offering is above the industry standard, and pricing at XM Group varies by account type.

 

Feature

XM Group

Forex: Spot Trading

Yes

Currency Pairs (Total Forex pairs)

57

CFDs – Total Offered

1247

Social Trading / Copy-Trading

Yes

Cryptocurrency traded as actual

No

Cryptocurrency traded as CFD

No

 

XM Group is a MetaTrader-only broker and offers the standard experience, including both MT4 and MT5, iOS and Android versions of the MT4 and MT5 mobile apps come standard and are both available for download from the Apple iTunes store and Android Play store, respectively.

 

XM Group supports a wide range of languages including Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish.

fx pro

FXPro

FXPro is an online broker which was founded in 2006 and offers Forex trading, Share Dealing trading, Spot Indices trading, Futures trading, and Spot Metals and Spot Energies trading.

FXPro are a global broker and have a head office in UK.

 

FXPro Trading Accounts on offer are:

 

The following account types are available to FXPro clients and regulated under CySEC, FCA and SCB:

 

  • MT4 accounts with fixed spreads, floating spreads, Instant Execution and Market Execution.
  • cTrader account with floating spreads and Market Execution.
  • MT5 account with floating spreads and Market Execution.

 

The following account types are available to clients under DFSA:

 

  • MT4 account with fixed spreads and Instant Execution.
  • MT4 account with floating spreads and Market Execution.
  • cTrader account with floating spreads and Market Execution.

 

FXPro offers MT4 Instant, MT4 Market, MT4 Fixed Spreads, MT5, cTrader, which are available for both VIP and Islamic clients.

 

With FXPro, the minimum and maximum trade requirements vary depending on the trader and the instrument and the broker offers support in a very wide range of languages including Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese.

FBS

FBS

FBS offers traders a choice of four accounts and all accounts offer market execution and the chance to trade in micro lots in Cent accounts for more precise risk management.

 

Account type

Minimum deposit

Minimum trade size

Maximum leverage

Spreads

Cent

$1

0.01 lot

1:1000

from 1 pip

Standard

$100

0.01 lot

1:3000

from 0.5 pips

Zero Spread

$500

0.01 lot

1:3000

0 pips + $20/lot

Micro

$5

0.01 lot

1:3000

fixed, from 3 pips

ECN

$1000

0.1 lot

1:500

from -1 pip + $6/lot

 

FBS is a popular international broker and offers clients competitive trading conditions, a wide range of trading accounts, payment methods, a choice of fixed and variable spreads, Metatrader 4 and MetaTrader 5, as well as various promotions.  An account with FBS can be opened for just $1. FBS is well-regulated by the International Financial Services Commission (IFSC).

 

As for now FBS offers around the clock support in English, with more languages to be introduced soon.

HotForex

HotForex

HotForex offers traders a variety of account types to choose from including fixed and floating spreads, commission-free trading (in Micro, Premium and Fixed accounts) or tighter spreads, involving commission fees. Beginner traders can sign up for Micro accounts with a minimum deposit of as little as $5, and micro lots are available for trade on all accounts.


An Auto Account, which enables traders to subscribe to free and paid Trading Signals from the MQL5 Community and a HF Social account, which provides trading powered by FxStat is also on offer. HotForex is regulated by the St. Vincent & the Grenadines regulatory authority, the CySEC in Cyprus, and the FSC of the Republic of Mauritius under the HF Markets name.

 

Account type

Minimum deposit 

Minimum trade size

Maximum leverage

 Average Spreads 

Micro 

$50

0.01

1:1000

 1.2 pip on EUR/USD

Premium

$500

0.01

1:400

1.2 on EUR/USD

Fixed

$500

0.01

1:400

1.8 pip on EUR/USD

Zero

$100 

0.01

1:200 

0.1 pips on EUR/USD + commission $4 per lot traded (per side)

Currenex

$500

0.01

1:400

0.2 pips on EUR/USD + commission $5.00 per lot traded (per side)

VIP

$20,000 

0.01

1:300

0.2 pips on EUR/USD + commission $6.00 per lot traded round turn

 

HotForex is a retail forex broker, offering attractive conditions for trading in a wide range of instruments, including Forex, Spot Metals and CFDs on commodities, indices and popular shares such as Google, Apple and Facebook.  Traders can contact HotForex via live chat, which is available 24/5 in multiple languages plus options for phone and email support are in more than nine languages including English and Greek.

eToro best brokers

eToro

eToro is a leading social trading platform for trading major financial markets including stocksforex and cryptocurrencies.  eToro is a well-known social trading broker which was established in 2007 and is considered safe because its regulated by top-tier financial authorities, FCA, ASIC and CySEC, and it is a well-known fintech start-up. 

 

Pros

Cons

Used by 6,000,000+ traders

Doesn’t allow scalping

Established in 2006

Inactivity Fee

Regulated by Financial Conduct Authority, CySEC, ASIC

Limited range of instruments

Min. deposit from $200

 

 

eToro offers over 1,083 different instruments to trade, including over 47 currency pairs.

 

Trading Features:

Accounts offered:

Funding methods:

Offers STP 

Demo account

Credit cards

Low min deposit 

Micro account 

Bank Transfer

 

Mini account 

PayPal

 

Standard account 

Skrill

 

Islamic account 

Payoneer

 

 

Neteller

 

eToro supports a wide range of languages including English, German, Spanish, French, and Italian.

xtb best broker

XTB

XTB is a European broker which was founded in 2002, and has offices in 13 countries across the globe.  XTB is regulated by some of the world’s biggest regulating authorities and has been listed on the Warsaw Stock Exchange since 2016.  XTB is regulated by several financial authorities worldwide, including the UK’s Financial Conduct Authority (FCA) and the Polish Financial Supervision Authority (KNF).

 

Unique Features of XTB

 

XTB is a fintech company which combines financial services with innovative technology and it offers clients two platforms to choose from:

 

  • xStation 5
  • MT4

 

XTB is different from other brokers in three main aspects: its trading platform, their level of educational and analytical materials, and a high level of support.  XTB offers free educational material in the form of their online Trading Academy and video tutorials.

 

Traders can choose from 25 crypto CFDs (9 individual coins or 16 crypto pairs) which are available 7 days a week. Traders can buy or sell digital coins with 2:1 leverage and 365-day expiry.

 

Pros

Cons

Used by 230,000+ traders

Doesn’t offer VPS

Established in 2002

Limited range of instruments

Regulated by Financial Conduct Authority

Not ASIC Regulated

Min. deposit from $1

 

 

To open a live account, traders will need a minimum deposit of at least $1.

 

Trading Features:

Accounts offered:

Funding methods:

Allows scalping 

Demo account

Credit cards

Allows hedging 

Micro account 

Bank Transfer

Offers STP 

Mini account 

PayPal

Low min deposit 

Standard account 

Skrill

Guaranteed stop loss 

Islamic account

Payoneer

Offers Negative Balance Protection

 

Netelle

 

XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, Turkish, Arabic, and Russian.

pepperstone best broker

Pepperstone

Pepperstone Limited is an online forex and CFD broker which providers traders with low-cost pricing across all forex, CFDs and commodities.  Pepperstone is considered as safe since it’s regulated by two top-tier financial authorities, the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

Pepperstone offers a range of online trading platforms which include: 

  • MetaTrader 4 (MT4)
  • cTrader
  • WebTrader
  • Mobile apps for iPhone, Android and tablets

Recently, Pepperstone has made the announcement that they will in future also be offering the MetaTrader 5 (MT5) platform.

Pros

Cons

Segregates client funds

Limited range of instruments

Established in 2010

 

Regulated by Financial Conduct Authority, UK and ASIC

 

Min. deposit from $200

 


To open a live account, traders will need to make a minimum deposit of at least $200, alternatively, Pepperstone offers a demo account. Pepperstone also offers traders over 170 different instruments to trade, including over 61 currency pairs.

Trading Features:

Accounts offered:

Funding methods:

Allows scalping 

Demo account

Credit cards

Allows hedging 

Mini account 

Bank Transfer

Offers STP 

Standard account 

PayPal

Low min deposit 

MAM/PAMM account 

Skrill

Offers Negative Balance Protection

Islamic account

Payoneer

  

Neteller

Pepperstone supports a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic.

Before a trader begins trading Forex in Gabon, they should consider what type of trading they would like to pursue. The following five brokers, similar to the Best 10 as mentioned above, support payment options that will allow Gabonese traders to make quick deposits and withdrawal of their profit. They provide the lowest fees and support either MT4MT5cTrader or Excellent proprietary trading platforms.

trading212 best forex

Trading 212

Trading 212 is a global online broker which was founded in 2006 and offers trading in Stocks, Forex, Commodities and Indices trading.  With Trading 212 new traders will need a minimum deposit of $1 to start and they have the option to sign up for a demo account.

Trading 212 accommodates traders on various levels, whether it be experienced or novice.  Trading 212 is regulated and supervised by reputable organisations and have won numerous industry awards over the past 14 years that they have been in operation.  Trading 212 is regulated by the Financial Conduct Authority (FCA) and Financial Supervision Commission (FSC).

Trader can trade in over 3000 instruments and over 177 currency pairs.  Trading 212 offer traders a user-friendly custom trading platform which is also available as a browser-based web application alongside mobile apps for Android and iOS.

 Trading 212 benefits include:

  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Trading 212 also offers traders a good selection of educational resources and offers customer support in a wide range of languages including English.

FP Markets

FP Markets

FP Markets is a global, online broker which was founded in 2005 and offer Forex trading and has a head office situated in Australia.  When starting off with FP Markets traders will need to make a minimum deposit of $100 and a demo account is on offer with a wide variety of instruments and currency pairs on offer. FP Markets is regulated by the Australian Securities and Investments Commission (ASIC).

 

Over 100 instruments and over 60 currency pairs in total is on offer, on the popular MT4 forex trading platform.  FP Markets also offers traders mobile apps for Android and iOS.

 

FP Markets Trading benefits include:

 

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection

 

FP Markets Trading Accounts Offered include: Demo, Mini, Standard, ECN, STP, Managed and Islamic and all accounts support a wide range of languages including English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish, Indonesian, Thai, Malay, German, Vietnamese.

alpari

Alpari

Alpari is a great choice for Forex and CFD traders who are looking to leverage the power of MetaTrader platforms due to its established brand history, multiple offices, and range of account types and diverse managed account offering for investors.  The Alpari brand offers traders access to nearly 50 forex pairs and 30 CFDs on indices, commodities, precious metals, and on Bitcoin. Alpari is regulated by FSC. Alpari is regulated by the FSC.

Feature

Alpari

Forex: Spot Trading

Yes

Currency Pairs (Total Forex pairs)

48

CFDs – Total Offered

16

Social Trading / Copy-Trading

Yes

Cryptocurrency traded as actual

No

Cryptocurrency traded as CFD

Yes

The commissions and fees at Alpari vary depending on the account type and platform used. Native versions of the mobile app for MetaTrader 4 and MetaTrader 5 are available for Android and iOS devices straight from the developer.

Forex Time (FXTM)

FXTM

Forex Time (FXTM) is a MetaTrader broker which offers forex and CFD traders multiple account options for both MT4 and MT5 platforms.

Forex Time (FXTM) User Likes and Dislikes:

Likes

Dislikes

Provides multiple execution methods by account type

Leverage caps and margin restrictions on ECN accounts

Regulated in several jurisdictions, including outside the EU

Certain range of markets segmented across account types

Offers Cryptocurrency CFDs

On ECN accounts, stop and limit levels can be added only post execution

FXTM Invest for auto trading

Low max order size of 30 standard lots per trade

 FXTM is considered average-risk and is not publicly traded and does not operate a bank. FXTM is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust).  FXTM is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295.

FXTM offers users seven different accounts types where the execution method, range of markets, available platform, and commissions and fees may vary.  Three accounts are offered under the Standard category.

Customer Service

  • Average Connection Time:<1 minute
  • Average Net Promoter Score:6 / 10
  • Average Professionalism Score:4 / 10
  • Overall Score:8 / 10
  • Ranking:23rd of 43 brokers

FXTM provides research in the form of daily technical and fundamental news analysis provided by an in-house team of analysts.

ic markets

IC Markets

IC Markets was founded in 2007 and International Capital Markets Pty Ltd (IC Markets) was established in Sydney and acquired an Australian Financial Services License (AFSL) with the Australian Securities and Investment Commission (ASIC) in 2009 and is considered average-risk.

Feature

IC Markets

Forex: Spot Trading

Yes

Currency Pairs (Total Forex pairs)

63

CFDs – Total Offered

41

Social Trading / Copy-Trading

Yes

Cryptocurrency traded as actual

No

Cryptocurrency traded as CFD

Yes

 IC Markets offers three account types in which trading costs vary from commission-free on the Standard account to commission-based pricing on the True ECN and cTrader accounts and IC Markets provides a mobile version of all the platforms it offers, including MetaTrader 4 and MetaTrader 5 and cTrader, all of which come standard for iOS and Android.

Maximize
the stock
Markets

with 1:2 leverage
on the world's
leading stocks

Conclusion

Finding the best online Forex Broker as a Gabonese trader can be a difficult process, especially when finding one which accept Gabonese forex traders. Luckily, trading in the forex market is very accessible in Gabon, since all the major international brokers accept clients from Gabon.  Since the first step in a trader’s forex trading endeavour is to open a trading account with a broker, this list is the perfect first step to a successful trading journey.

EXNESS is this month's #1 Broker