Forex Trading Platforms and Brokers in
Iran is a country situated in Western Asia with an economy based on central planning, state owned oil and other large enterprises. Iran has leading manufacturing industries in fields which include – automobile manufacturing, transportation, construction materials, home appliances, food and agricultural goods, pharmaceuticals and petrochemicals. Although tourism declined significantly during the war with Iraq, it has seen significant recovery and since the removal of some sanctions against Iran in 2015, tourism has re-surged in the country, which makes Currency Exchange an integral part of the country’s economy.
Iranian Forex Traders can make their choice of Broker from 10 of The Best Globally Regulated Forex Brokers and Trading Platforms who accept local investors.
Can You Get Rich By Trading Forex? – An Honest Opinion.
Exness is authorised by the Financial Services Authority (FSA) of Seychelles and was founded in 2008. Traders have the ability to trade on Forex and CFDs on Crypto, Metals, Energies, Stocks and Indices on the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Linux, Android and iOS and the Exness Web Terminal.
Exness is authorised by several reputable regulatory bodies, including the Financial Services Authority (FSA), the Cyprus Securities and Exchange Commission (CySEC), and the particularly stringent Financial Conduct Authority (FCA).
In terms of its FSA regulation, the broker’s Nymstar Limited division is a Securities Dealer authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD025. In terms of its CySEC regulation, Exness (Cy) Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 178/12. And in terms of its FCA regulation, Exness (UK) Ltd is an Investment Firm, authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under the Financial Services Register number 730729.
Under these regulatory authorities, particularly the FCA and CySEC, the broker operates legitimately in the EEA, which is well-known for its stringent regulatory safeguards, including the provision of a compensation scheme in the unlikely event of broker insolvency. As evidenced by its broad regulatory status, Exness is an authorized broker which is able to provide its clients with a highly safe and secure trading environment.
Exness offers traders 5 different trading accounts to choose from. Standard Accounts include the Standard and Standard Cent. Professional Accounts include Raw Spread, Pro and Zero. Demo accounts and Islamic swap-free accounts are also available. Exness offers over 105 different instruments to trade, including over 103 currency pairs.
Exness supports a wide range of languages including English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish via Live Chat and Email.
IC Markets is a regulated Forex ECN and CFD broker which offers more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks and Futures on the MetaTrader 4, MetaTrader 5 and cTrader platforms for desktop, web and mobile. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).
IC Markets offers traders three main types of live trading accounts to choose from, including Raw Spread (cTrader), Raw Spread (MetaTrader) and the Standard Account (MetaTrader). Islamic swap-free accounts and the use of a free demo trading account is also on offer.
Customer support is available 24/7 via Live Chat, Phone and Email.
eToro is a leading social trading platform for trading major financial markets including stocks, forex and cryptocurrencies. eToro is regulated by FCA, CySEC and ASIC.
eToro only offers one account type with over 1,083 different instruments to trade, including over 47 currency pairs. Islamic accounts in accordance with Sharia law is also made available. The minimum deposit for said account differs by country. eToro offers traders a proprietary trading platform which allows both individual and social trading.
eToro supports a wide range of languages including English, German, Spanish, French, and Italian via phone and support ticket.
FBS is a Forex and CFD broker offering to trade on Forex, Indices, Stocks, Metals and Energies on the MetaTrader 4, MetaTrader 5 and FBS Trader trading platforms for PC, Mac, Web, Android and iOS with a maximum 1:3000 leverage. FBS is regulated by CySEC and IFSC.
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.
Minimum trade size
from 1 pip
from 0.5 pips
0 pips + $20/lot
fixed, from 3 pips
from -1 pip + $6/lot
FBS also provides traders with swap-free accounts (also known as Islamic accounts), that do not contradict with the teachings of Islam. FBS offers customer support 24 hours a day, 7 days a week via a Call-back service, online Live Chat, Telegram, Viber and Facebook Messenger.
Alpari with its long-standing brand history, numerous offices, range of account types and diverse managed account offerings is the perfect choice for Forex and CFD traders who are looking to leverage the power of MetaTrader platforms. Alpari is regulated by the FSC.
Alpari integrates research content from several third-party providers under its Forex Analytics section and is a MetaTrader-only broker. The native versions of the mobile app for MetaTrader 4 and MetaTrader 5 are available for Android and iOS devices straight from the developer.
Alpari offers traders more than 250 tradable assets to trade across Forex, Stocks, Indices, Metals, Cryptocurrencies and Futures on the MetaTrader suite of trading platforms.
In addition to a demo account, 4 more accounts are on offer. These 4 accounts are divided into standard accounts and enhanced accounts, which are known as ECN types. The standard account options are available as a basic option and are known as the MT4 MicroAccount and the standard MT4 account. Islamic Accounts are also made available. The accounts more suited to experienced traders are the standard ECN account and the ECN Pro Account, which offer instant execution.
Customer Service is available via live chat, email and phone service.
HotForex was established in 2007 is well regulated by FCA, CySEC, DFSA, FSCA and SFSA.
The HotForex MT5 terminal offers 21 different timeframes, superior analysis tools, trading across HotForex asset classes, close to 100 simultaneous charts, hedging and one-click trading and 80+ technical indicators plus an in-built economic calendar. With HotForex, there is no “Islamic Account Type” available to choose from, but traders can have an Islamic swap free condition with either Micro, Premium, Currenex, VIP or Fix account.
The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical indicators.
Hotforex’s Metatrader offers a fast order execution, news feed, multiple order types, support for EAs.
Key features include:
- Supports: MT4, MT5 for desktop, web & mobile
- Minimum deposit: $5
- Leverage: 1:1000
- Trading Instruments: Forex, Cryptocurrencies, CFDs on Stock Indices, Commodities,
Customer support is available via phone and email.
Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading. RoboForex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.
When starting off with Roboforex traders will need to make a minimum deposit of $1 and there is an option available for a demo account for those who would like to get acquainted with the platform. Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs. Roboforex offers over 100 instruments and over 35 currency pairs in total.
Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders. Roboforex also offer mobile apps for Android and iOS.
Roboforex Trading benefits:
- Allows scalping
- Allows hedging
- Offers STP
- Low min deposit
Roboforex Trading Accounts include – Demo, Micro, Mini, Standard, Zero, ECN, STP and Islamic.
Customer support is available via phone, Webchat, Wechat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.
Leverage: 1:30 to 1:888 *Depends on the entity of the group
Regulation: CySEC, ASIC, IFSC
Min. Deposit: US$5
HQ: Cyprus, Australia, Belize
Platforms: MT4, MT5, XM WebTrader
Founded in: 2009
XM operates with clients from over 196 countries and offers support in 30 languages. The main branch located in Cyprus is regulated by CySEC. 1.5 Million Traders and investors choose XM and their wide range of XM trading products on offer. Five main account types are on offer – Micro, Standard, XM Ultra Low Account, Shares Accounts and Islamic Accounts which follow Shariah Law. Traders can select the base currency of their preference from a large selection on offer. This range includes South African Rand (ZAR), Singapore Dollar (SGD) and other global currencies.
Customer Support is available via live chat, email and phone.
BDSwiss is a Forex and CFD broker which offers over 250 instruments to trade on covering Forex, Commodities, Cryptocurrencies, Indices and Equities, from 3 account types on the MetaTrader 4 and MetaTrader 5 platform. BDSwiss is well regulated by CySEC and offers traders 3 types of accounts – Basic, Raw, and Black VIP. These accounts come with a minimum deposit of $100 accept the Raw account which has a monthly subscription fee of between $1 and $79.
BDSwiss offers both full demo and Islamic accounts are available and traders can fund their account through wire transfer deposits as well as through credit card and deposits which are fee free in most cases.
BDSwiss offers multilingual customer support 24/5 via Live Chat, Telephone, Email, Call Back, WhatsApp, Telegram and an FAQ section.
AvaTrade is an online broker founded in 2006 offering Forex trading, CFDs trading, Spread Betting trading, and Social Trading.
- Regulated by: Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
- Headquarters:The British Virgin Islands
- Foundation year:2006
- Used: by over 200,000 traders
- Islamic Accounts: Based on Sharia Law
Across all markets, MetaTrader 4 gives traders access to over 250 assets, 30 advanced charting tools, trading history, and other useful information. Customer support is available by email, phone, or live chat.
Brokers will differ on multiple factors including regulation, trading platforms and transaction fees. Traders will need to keep this in mind when making their choice. Here are 3 more of the Best Globally Regulated Forex Brokers and Trading Platforms available to local investors.
Admiral Markets is an online broker which was founded in 2001 and offers Forex and CFDs trading, is globally recognized and has a head office based in the UK. Traders will need a minimum deposit of $200 to start and can sign up for a demo account to in over 148 instruments and over 40 currency pairs.
Admiral Markets is authorised and regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA).
Admiral Markets Trading benefits include:
- Allows scalping
- Allows hedging
- Offers STP
- Low min deposit
- Offers Negative Balance Protection
Admiral Markets Trading Accounts Offered:
- Demo account
- Micro account
- Mini account
- Standard account
- ECN account
- STP account
- Islamic account
Admiral Markets offers both of the MetaTrader platforms; MT4 and MT5 and mobile apps for Android and iOS. Admiral Markets offers multilingual customer support via Telephone, Live Chat and Email.
HYCM is an online broker which was founded in 1977 and offers Forex and CFDs trading on the popular MT4 forex trading platform plus mobile apps for Android and iOS. HYCM Ltd is regulated under CIMA, reference number 1442313. The company’s European operations, HYCM (Europe) is regulated by CySEC (licence number 259/14) and is authorised to operate as a Cypriot Investment Firm (CIF) to provide investment services.
Traders starting off with HYCM will need to make a minimum deposit of at least $100 and have the choice to sign up for a demo account perfect for various levels of traders, experienced or novice.
a wide variety of instruments and currency pairs are available for trade:
- Over 100 instruments
- Over 40 currency pairs
HYCM Trading benefits:
- Allows scalping
- Allows hedging
- Low min deposit
HYCM Trading Accounts on offer include Demo, Micro, Mini, Standard and Islamic and the minimum and maximum trade requirements will vary depending on the trader and the instrument. HYCM customer service is available through WhatsApp, Skype, Viber, Telegram Instant messaging services, Facebook Chat and Phone – 24/5.
And last, but not least –
FXTM or ForexTime was founded in 2011 and 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. FXTM also offers swap free and Islamic certified accounts. Forex Time (FXTM) is a MetaTrader broker which offers forex and CFD traders multiple account options for both MT4 and MT5 platforms.
FXTM offers traders the opportunity to trade in the following markets:
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin etc) Please take Note: FXTM offers crypto trading via Exinity Limited and Instruments on offer are based on a traders country of residence.
- CFDs for Indices and Commodities (FTSE, DAX, Nasdaq etc)
- Spot metals (Gold, Silver)
- Shares CFDs (Apple, BP, Google etc)
FXTM provides research in the form of daily technical and fundamental news analysis provided by an in-house team of analysts.
Customer Service is available phone, email, online chat options – WhatsApp, live chat, Viber, Telegram or Messenger.
Traders should take their time when looking for a Reliable, Globally Regulated Forex Broker in order to ensure that their investments are safe and their trades will be handled appropriately.