Forex Trading Platforms and Brokers in
The Forex Market is well-known for being the most competitive and fast-paced market in the world, and just the thought of finding a well-regulated and reputable broker in the long list available, can be enough to deter prospective traders. Traders based in Mali can make their choice from an impressive list of Brokerage Firms who accept Malian Traders.
Here is an overview of the 10 Best Forex Brokers and Trading Platforms who accept Malian Traders.
Trading 212 are an online broker which was founded in 2006 and offers Stocks trading, Forex trading, Commodities trading, and Indices trading. Trading 212 are a global broker and has a head office situated in UK.
- Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
- Used by over 14,000,000 traders.
- Trading 212 are the UK’s number one trading and investment app with over 14,000,000 downloads, thus a large userbase but is not available in the following countries: US
Trading 212 Trading benefits:
- Allows hedging
- Offers STP
- Low min deposit
- Guaranteed stop loss
- Offers Negative Balance Protection
Trading 212 Trading Accounts Offered:
- Invest account
- ISA account
- CFD account
- Demo account
Trading 212 offers an outstanding, highly responsive customer service team available 24 hours a day across a variety of platforms and in 16 different languages.
Markets.com is an online forex and CFD broker which was founded in 2008 and is regulated by the FCA, CySEC, ASIC, FSCA and FSC.
The account types available at Markets.com are:
With the following range of assets and markets available:
- 67 forex major, minor and exotic currency pairs
- 2,000+ shares on major global companies
- 43 major stock indices
- 6 cryptocurrency, including Bitcoin, Litecoin, Ethereum and Ripple
- 26 commodities, including metals and energies
- 21 stock blends of large companies
- 59 ETFs
- 4 bonds
- Spread betting (UK residents only)
Traders must take note that futures and binary options are not available.
Markets.com offers traders its own proprietary trading platform – Marketsx plus the Marketsi platform which enables shares dealing on thousands of stocks. Both MetaTrader 4 and 5 trading platforms are also made available.
Customer support is available in over 25 languages, 24/5 via email, telephone, live chat and an online query form.
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.
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.
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. Four main account types are on offer – Micro, Standard, XM Ultra Low Account and Shares Accounts. 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.
Regulation: ASIC, CySEC
Platforms: IRESS, MT4, MT5
Found in: 2005
The FP Markets was established in 2005 and serves over 12,000 clients across the globe. FP Markets connect traders to the market through electronic bridges and DMA pricing models. FP Markets offers traders access to trade 13,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies, Equity CFDs.
Traders can choose between MT4, MT5 and IRESS platforms as well MAM and PAMM account possibility for money managers.
FP Markets offer two account types with STP and ECN execution models available through MT4 or MT5 platforms. FP Markets also offers three IRESS account types which covers traders who prefer to use this particular software.
Customer Service is available 24/5 via Live Chat.
Pepperstone was founded in 2010 and is regulated by the Australian Securities and Investments Commission (ASIC), as well as the UK’s Financial Conduct Authority (FCA). Pepperstone offers traders a variety of trading accounts to choose from including Razor, Standard and Swap-Free, and –
Boasts three top forex trading platforms:
- MetaTrader 4: Most Popular for Forex Trading
- MetaTrader 5: Most Popular CFDs Trading Platform
- cTrader: Best Automated Trading Platform
All three FX trading platforms come with a free demo account which will allow traders to test out the forex broker and platform for 30 days.
Platform enhancements available for Pepperstone include:
- MetaTrader 4 smart trader tools
- cTrader Automate
- Autochartist and
- API trading
A range of options for depositing funds are available, including: Bank wire transfer, MasterCard, Visa credit card, PayPal, Neteller, Skrill and QIWI.
Pepperstone offers 24/5 multiple language support via email, phone and live chat.
EasyMarkets is one of the most popular choices for Beginners and is regulated by CSEC (Cyprus) and ASIC (Australia) and offers beginner forex traders:
- Enhanced risk management tools as standard
- Fixed spreads on all forex pairings
- An easy to use forex trading platform
EasyMarkets offers traders three key risk management tools which are ideal to those new to currency trading:
- Deal Cancellation
- Guaranteed Stop Loss Orders
- Negative Balance Protection
Standard, Premium, VIP and SuperVIP accounts are available, their minimum opening deposits are $100, $1 000, $2 500, $50 000 respectively. A demo account is also on offer. The available trading platforms offered are MT4 and the easyMarkets web platform.
Customer Support is available 24/5 via various chat channels, email, phone and web forms.
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.
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 offers customer support 24 hours a day, 7 days a week via a Call-back service, online Live Chat, Telegram, Viber and Facebook Messenger.
Forex Time (FXTM)
FXTM was established in 2011 to offer Forex and CFDs and is highly regulated by the FSC of The Republic of Mauritius, the FCA of the UK, CySEC and licensed by FSCA of South Africa.
Standard and ECN Accounts are available with several subtypes. Under the Standard account, they offer the Standard, Cent and Shares Account types. ECN account sub-types are the ECN Zero account, FXTM Pro account and the ECN account. ECN accounts can be traded on MT4 and MT5.
FXTM offers Local NGN Funding, through bank wire transfer or Neteller with a minimum deposit of $100 for a standard forex account. This allows traders to start trading a range of currency markets while lowering the exchange costs when moving NGN currency to a standard base currency.
Customer support is available in 17 Languages via Live Chat, Phone, Telegram, Facebook and Twitter.
When choosing a forex broker, traders must first figure out what type of investor they are and which goals they hope to reach. Each Forex Broker has their own advantages and disadvantages, and traders must consider which Broker will suit them best as an individual. Here is an overview of 5 More Forex Brokers who offer excellent trading platforms and more.
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.
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.
IQ Option is a forex & binary options broker with offices based in the UK, Cyprus, and the Seychelles, and regulated by the FCA and CySEC. IQ Option offers traders three trading account to choose from, Retail, Professional and Demo.
IQ Option offers the following underlying assets for FX trading.
90+ Currency Pairs
Based on major and minor world currencies.
17 Crypto Pairs
Based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Zcash, Qtum, Cardano, OmiseGo, Stellar, EOS, IOTA, NEO, NEM, TRON.
5 Indices CFDs
Based on baskets of different blue-chip stocks.
3 Metal CFDs
Based on Gold, Silver and Platinum.
2 Energy CFDs
Based on Crude Oil (WTI, Brent).
1 Soft CFD
Based on Wheat.
130+ Stock CFDs
Based on shares of US, UK and EU companies.
28+ ETF CFDs
Based on exchange-traded funds containing various tradable assets.
IQ Option offers the following underlying assets for Binary Options trading (unfortunately, not available for EU residents).
30+ Currency Pairs
Based on major and minor world currencies.
2 Indices BOs
Based on DFMGI, TelAviv-25.
2 Metal BOs
Based on Gold and Silver.
20+ Stock BOs
Based on shares of US companies.
Payment methods accepted include all the usual options like VISA, MasterCard, Skrill and Neteller, plus a range of other online money transfer services, including AstroPay, Qiwi, and WebMoney. IQ Option’s trading platform is web-based and supports both binary options and forex & CFD trading within the same user interface.
Customer support is available 24/7 via email and local phone numbers in 13 countries.
Olymp Trade was Established in 2014 and boasts over 25k active traders each day. Olymp Trade is regulated by the International Financial Commission (IFC) and headquartered in St. Vincent and the Grenadines.
Apart from the demo account, there are two different accounts on offer – Standard and VIP. The Olymp Trade platform is the only trading platform on offer and can be accessed via the web, a dedicated desktop application (available for Windows and Mac) and a smartphone/tablet app (available for Android/iOS).
Olymp Trade offers users the opportunity to trade in the following markets:
Customer Service is available via 24/7 via phone, email and their website.
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 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.
FXCM caters to multiple trader types including High-volume traders, algorithmic traders, and traders who appreciate robust trading tools and quality market research. FXCM is considered low-risk. FXCM’s parent company is publicly-traded, does not operate a bank, and is regulated by the UK’s FCA and the Australian ASIC.
FXCM offers a growing range of trading platforms and tools including:
- Trading Station desktop:FXCM’s flagship trading platform, caters well to forex traders of all skill levels.
- Trading Station web:The web version of Trading Station features includes news, videos, research, market data signals, and links to external resources.
- Ninja Trader: Features numerous trading tools, including automated trading capabilities.
- Algorithmic Trading:The FXCM App store provides various add-ons, technical indicators, and automated trading robots.
FXCM provides a wide variety of market research and related resources. A combination of Trading Station and MetaTrader4 (MT4), FXCM delivers a reliable, feature-rich mobile offering for forex traders. FXCM provides free phone support for the residents of 42 countries plus support via SMS, e-mail and via live chat. Support agents speak over 20 languages.
Brokers will differ in the trading platforms they have on offer, what the required account minimums and transaction fees are, as well as the account types made available. Before signing up with a Forex Broker, traders must create a budget for their investment life, figure out how much they would like to invest, how much they are willing to pay for fees and what their overall trading goals are. There is a long list of important factors to explore when choosing the right Forex Broker and traders must take as much as possible into account before getting involved.