10 Best
Forex Trading Platforms and Brokers in
Seychelles

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4.2/5
alpari

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Avatrade

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fxtm

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Blackstone Futures

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4.1/5

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HotForex

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4.1/5

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XM Group

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The Seychelles has long been a very popular offshore jurisdiction for forex brokers and international business companies alike. The island nation offers forex brokers loose oversight and flexibility which tend to translate into a higher trading leverage and a simple registration process for forex traders.

Financial services companies and forex brokers in the Seychelles are regulated by the Seychelles Financial Services Authority better known as SFSA. 

The Best Forex Trading Platforms and Brokers in Seychelles

Oinvest

Oinvest is a forex & CFD brokerage based in South Africa with an offshore branch registered in the Seychelles and is regulated in both jurisdictions by South Africa’s Financial Sector Conduct Authority (FSCA) and the Seychelles Financial Services Authority (SFSA).

Main features include:

  • Authorised and regulated in two separate jurisdictions.
  • Free trading courses, eBooks, tutorials and more.
  • 200+ stocks available for trading.

Trading Instruments available include:

45+ Currency Pairs

Based on major and minor world currencies.

30+ Crypto Pairs

Based on Bitcoin, Bitcoin SV, Bitcoin Gold, Ethereum, Ethereum Classic, Dash, Litecoin, Ripple, Cardano, Basecoin, Lisk, Qtum, Swisscoin, Stellar, Monero, Verge, Zcash, IOTA, NEM, USDT.

15 Indices CFDs

Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index.

5 Metal CFDs

Based on Gold, Silver, Palladium, Platinum and Copper.

4 Energy CFDs

Based on Crude Oil (WTI, Brent), Gasoline and Natural Gas.

8 Soft CFDs

Based on Cocoa, Coffee, Corn, Cotton, Orange Juice, Soy Beans, Sugar, Wheat

200+ Stock CFDs

Based on shares of AU, US, UK and EU companies.

Oinvest offers traders MetaTrader 4 (MT4) platform, which is also available in a downloadable desktop version, web version, and a mobile app for both Apple and Android devices.  Oinvest clients can choose from three account types depending on their trading volume and the size of their initial deposit. Accounts available include РSilver, Gold, and Platinum. In addition, Oinvest also offers a designated Islamic account when required.

All major payment methods are accepted, including bank wire transfer, major credit & debit cards, plus the very popular e-wallets Skrill and Neteller. Traders must take note that cryptocurrencies are not accepted as a funding method but is available for trading.  Traders can contact Oinvest in regards to Customer Service via email or live chat.

swiss markets

Swiss Markets

Swiss Markets is a forex broker which operates out of the two offshore jurisdictions Mauritius and the Seychelles, but not Switzerland as the name would suggest. Even though Swiss Markets is based offshore it is still regulated by the relevant government agencies in the two countries, the Seychelles Financial Services Authority (SFSA) and the Financial Services Commission (FSC) of Mauritius.  

For traders who want to trade in wide selection of assets, Swiss Markets offers trading in over 50 currency pairs and stocks of about 130 American and European companies to choose from. In addition to this, stock indices, various commodities, and popular cryptocurrencies are also on offer.

Trading Instruments available include:

50+ Currency Pairs

Based on major and minor world currencies.

6 Crypto Pairs

Based on Bitcoin, Ethereum, Litecoin.

12 Indices CFDs

Based on baskets of different blue-chip stocks.

4 Metal Spot CFDs

Based on Gold, Silver and Platinum.

3 Energy Spot CFDs

Based on Crude Oil (WTI, Brent) and Natural Gas.

130+ Stock CFDs

Based on shares of US, UK and EU companies.

Swiss Markets offers traders the MetaTrader 4 (MT4) platform plus a multitude of different account types to choose from, depending on how much capital is deposited and how often trades are made. 

Accounts to choose from include:

  • Classic STP Account¬†
  • Raw STP – Swiss11
  • Raw STP – Swiss8¬†
  • Raw STP – Swiss5

All trading accounts can be opened (in) with either EUR, USD, GBP, CHF, or PLN as the base currency and can be funded with payment cards like Visa or MasterCard, bank wire transfer, or e-wallet platforms like Skrill, Neteller, Sofort, and iDeal, and more. Customer service is offered via local phone lines with local language support in English, Spanish, German, and Greek plus live chat.

Alvexo

Alvexo is a forex broker located in both Cyprus and the Seychelles, regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (SFSA).  Alvexo offers a great selection when it comes to stock CFDs, with stocks on offer from more than 300 companies listed in the US, UK and EU. Alvexo also offers traders a wide selection of forex pairs, cryptocurrencies, a range of major stock indices and a selection of commonly traded commodities.

Trading Instruments available include:

55+ Currency Pairs

Based on major and minor world currencies.

15 Crypto Pairs

Based on Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, Monero. Ripple.

16 Indices Futures

Based on baskets of different blue-chip stocks and US Dollar Index.

3 Metal Spot CFDs

Based on Gold and Silver.

1 Metal Future

Based on Copper.

1 Energy Spot CFD

Based on Crude Oil (WTI).

3 Energy Futures

Based on Crude Oil (WTI, Brent) and Natural Gas.

4 Soft Futures

Based on Coffee, Corn, Sugar and Wheat.

300+ Stock CFDs

Based on shares of US, UK and EU companies.

Alvexo offers the MetaTrader 4 (MT4) platform in desktop and web version, in addition to its own proprietary mobile trading app available for both Apple and Android mobile devices. Traders can choose between five different account types; Classic, Gold, Prime, ECN Gold, and ECN VIP. Customer service is available via local phone numbers in 14 countries, e-mail and live chat.

BDSwiss

BDSwiss

BDSwiss is a large forex & CFD broker mainly based in Cyprus with separate entities registered in Mauritius and the Seychelles and is regulated by both CySEC and FSC.  When it comes to instruments available for trading, BDSwiss offers nearly all of the commonly traded major and minor forex pairs, over 20 cryptocurrency CFDs, major stock indices and various commodity CFDs. BDSwiss also offers stock CFD trading in over 100 companies from the UK, US, and Europe.

70+ Currency Pairs

Based on major and minor world currencies.

21 Crypto Pairs

Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Monero, Ripple, Zcash, OmiseGO, EOS, IOTA, NEO, TRON.

12 Indices CFDs

Based on baskets of different blue-chip stocks.

4 Metal CFDs

Based on Gold, Silver and Palladium.

3 Energy CFDs

Based on Crude Oil (WTI, Brent) and Natural Gas.

100+ Stock CFDs

Based on shares of US, UK and EU companies.

BDSwiss offers traders its own proprietary web platform plus the downloadable desktop platform MetaTrader 4 (MT4, as well as its successor MT5. 

Traders with BDSwiss can choose between three account types, a Basic Account, a Raw Spread Account, and a Black VIP Account. Demo accounts are also on offer.  Account funding is available with the e-wallets Neteller, Skrill, iDeal, and Sofort plus bank wire transfers and credit cards. Trading accounts can be opened in euros, US dollars, or British pounds.

BDSwiss offers customer care via local phone numbers with support for 10 different languages, WhatsApp and Telegram 24 hours a day on trading days.

IQ Option logo

IQ Option

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 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.

VIPRO Markets logo

VIPRO Markets

VIPRO Markets, a part of Tickmill group of companies, shares its regulatory status, registration, and most trading conditions with Tickmill Europe Ltd. VIPRO is a forex and CFD broker which offers trading in all popular currency pairs, equity indices, commodities, bonds, precious metals, and energies with tight spreads and low overall fees. Instruments on offer include, Currencies, Indices, Metals, Energies and Bonds.

60+ Currency Pairs

Based on major and minor world currencies.

15 Indices CFDs

Based on baskets of different blue-chip stocks.

2 Metal CFDs

Based on Gold and Silver.

1 Energy CFD

Based on Crude Oil (WTI).

4 Bond CFDs

Based on German government securities.

VIPRO’s account offerings are identical with Tickmill:

  • Classic account¬†
  • Pro account¬†
  • VIP account¬†
  • Professional account¬†
  • Islamic account¬†
  • Demo accounts¬†

VIPRO‚Äôs website available for traders in 7 different languages and includes a large ‚ÄúResources‚ÄĚ section with free-to-use tools and analyses. VIPRO offers the downloadable MetaTrader 4 (MT4) platform, as well as the web-based version of the same platform Mobile apps for iPhone and Android users are also available with the same familiar MT4 interface.

VIPRO’s customer service is available via a Cyprus phone number, email, and a live chat options.

leoprime logo

LeoPrime

LeoPrime is a Vanuatu and also Seychelles-based online forex broker which is regulated by both SFSA and VFSC.

LeoPrime offers the following underlying assets for FX trading.

40+ Currency Pairs

Based on major and minor world currencies.

4 Crypto Pairs

Based on Bitcoin, Ethereum, Litecoin, Ripple.

7 Indices CFDs

Based on baskets of different blue-chip stocks.

2 Metal Spot CFDs

Based on Gold and Silver.

3 Energy Spot CFDs

Based on Crude Oil (WTI, Brent) and Natural Gas.

Traders can choose from three different Live account type:

  • Classic account¬†
  • ECN account¬†
  • Cryptocurrency account¬†

A Demo account is also on offer.  Customer Service is available via three ways: Email, live chat, or a UK phone number that is open 24 hours a day on all trading days.

Tickmill

Tickmill

Tickmill was established in 2015 with offices situated in London, Cyprus (Limassol), and the Seychelles (Mahe). Tickmill is regulated by the financial regulator CySEC in Cyprus and by the UKs Financial Conduct Authority (FCA) making it a safe choice for traders globally.

The trading platform on offer is the standard MetaTrader 4 (MT4) downloadable trading platform, plus a web-based version of the same platform

Tickmill offers the following underlying assets for trading:

60+ Currency Pairs

Based on major and minor world currencies.

15 Indices CFDs

Based on baskets of different blue-chip stocks.

2 Metal CFDs

Based on Gold and Silver.

1 Energy CFD

Based on Crude Oil (WTI).

4 Bond CFDs

Based on German government securities.

Tickmill offers the following range of accounts:

  • Classic account¬†
  • Pro account¬†
  • VIP account¬†
  • Professional account¬†
  • Islamic account¬†
  • Demo accounts¬†

Tickmill offers traders access to popular tools including the Autochartist package free of charge, as well as its own VPS server with a guaranteed 100% uptime.  Customer support is available in both regulated jurisdictions via phone Monday to Friday from 7 AM to 8 PM UK time (GMT), as well as email.

HotForex

HotForex

HotForex is a brokerage brand under HF Markets (SV) Ltd which is an offshore company based out of St. Vincent & the Grenadines, regulated by the Cyprus Securities and Exchange Commission (CySEC).  

HotForex further offers a wide range of CFD-based instruments for trading, including several cryptocurrencies, forex, precious metals, stock indices, stocks, commodities, and bonds – all with fairly tight spreads on the most popular instruments.

50+ Currency Pairs

Based on major and minor world currencies.

8 Crypto Pairs

Based on Bitcoin, Ethereum, Litecoin, Ripple, Dash.

11 Indices CFDs

Based on baskets of different blue-chip stocks and US Dollar Index.

4 Metal Spot CFDs

Based on Gold and Silver.

2 Metal Futures

Based on Palladium and Platinum.

2 Energy Spot CFDs

Based on Crude Oil (WTI, Brent).

3 Energy Futures

Based on Crude Oil (WTI, Brent) and Natural Gas.

4 Soft Futures

Based on Cocoa, Coffee, Cotton and Sugar.

3 Bond Futures

Based on US, UK and German government securities.

50+ Stock CFDs

Based on shares of US, UK and EU companies.

HotForex offers two main trading platform: MetaTrader 4 for download or the cloud-based MetaTrader 4 Web Terminal, in addition to the same platform for iPhone, iPad, and Android alongside an option known as the RapidTrader API, developed by Integral, that offers direct market access using the FIX protocol. 

The HotForex website is offered in 27 languages and local customer support phone numbers in 10 countries, including major countries like China, Russia, and South Africa are available. In addition, designated phone numbers and email addresses have been set up for speakers of Arabic, Chinese, and Farsi. 

ic markets

IC Markets

IC Markets is a forex and CFD broker that employs a no-dealing desk, ECN broker model, operational in three jurisdictions: Australia (regulated by the ASIC), Seychelles (regulated by the SFSA), and Cyprus (regulated by the CySEC). 

IC Markets offers trading in all major currency pairs and CFDs based on many global stock indices, commodities like gold, silver, oil, and natural gas, bonds, and individual stocks.

60+ Currency Pairs

Based on major and minor world currencies.

5 Crypto Pairs

Based on Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin.

15 Indices Cash CFDs

Based on baskets of different blue-chip stocks.

2 Indices Futures

Based on US Dollar Index and Volatility Index.

6 Metal Spot CFDs

Based on Gold, Silver, Palladium and Platinum.

3 Energy Spot CFDs

Based on Crude Oil (WTI, Brent) and Natural Gas.

3 Energy Futures

Based on Crude Oil (WTI, Brent).

5 Soft Futures

Based on Coffee, Corn, Soybean, Sugar and Wheat.

9 Bond Futures

Based on US, UK, JP, German and Italian government securities.

110+ Stock CFDs

Based on shares of US, UK and EU companies.

IC Markets offers traders accounts in ten different base currencies, including USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD with a choice between the standard MetaTrader 4 and 5, plus its own – cTrader. Traders can make deposits with all major credit and debit cards and via the most common online money transfer services and bank wire transfers.

Customer service is available via live chat during market hours, an email support system, and a call-back option.

Can You Get Rich By Trading Forex? ‚Äď An Honest Opinion.

All forex traders, and Yes, we do mean ALL will at some point LOSE money on some trades.  Ninety percent of traders do lose money, due to a lack of planning, training, discipline, and poor money management rules.  For anyone who hates to lose this will probably be a hard time adjusting to trading because all traders lose a trade at some point or another.

Trading forex is not meant for the unemployed or those who are low on income or are knee-deep in credit card debt or any debt for that matter.  Beginner traders should have at least $10,000 of trading capital, in minimum, that they can afford to lose.  Traders shouldn’t expect to start off with a few hundred dollars and expect to become a billionaire overnight.

Forex trading is a skill which takes time and patience to learn.

Still Unsure Of Which Broker Suits Your Needs As A Trader? Here Are Five Extra Best Brokers And Platforms In Algeria To Help You Out! Our ‚ÄėSilver Medal‚Äô Picks!

ic markets

IC Markets

IC Markets is an online broker which was founded in 2007 and offers Forex, CFDs, Spread Betting, Share dealing, and Cryptocurrencies trading on offer both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders.

IC Markets is a global broker and has a head office situated in Australia and new traders will need a minimum deposit of $200 to get started and a demo account is on offer for those who want to get acquainted with the IC Markets platform.  IC Markets are able to accommodate various levels of traders whether they are experienced or just beginning in the trading game.

Traders can trade in a wide variety of instruments and currency pairs

  • Over 232 instruments
  • Over 65 currency pairs

IC Markets also offer traders mobile apps for Android and iOS and two accounts types, Standard account and Raw Spread account.  IC Markets supports a wide range of languages including English, Japanese, Chinese, Polish, Afrikaans, Danish, Dutch, German and more.

IC Markets is authorised and regulated by the Financial Services Authority (FSA) of Seychelles.

plus 500 best brokers

Plus500

Plus500 are a global online broker which was founded in 2008 and offers traders CFDs trading.  When starting with Plus500 traders will need to make a minimum deposit of $100 with an option available to sign up for a demo account.  Traders have an option to trade in over 2,000 instruments and over 100 currency pairs on a user-friendly custom trading platform which is also available as a browser-based web application.

Plus500 also offers it platform in the form of mobile apps for Android and iOS respectively.  Plus500 Trading Accounts Offered include: Demo, Standard and Islamic.

With Plus500, the minimum and maximum trade requirements will vary and is dependent on the trader and the instrument.  Plus500 supports a wide range of languages including English, French, Italian, Spanish, Portuguese, German, Dutch, and more.

Plus500 is¬†regulated¬†by several international financial authorities, including top-tier ones like the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).

easyMarkets

EasyMarkets

EasyMarkets is a global, online broker which was founded in 2001 and offers traders Forex and CFDs trading.  EasyMarkets offer traders the popular MT4 forex trading platform coupled with mobile apps for Android and iOS respectively.

EasyMarkets Trading benefits:

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

EasyMarkets Trading Accounts on Offer include Demo, Micro, Mini, Standard and Islamic but a demo account is also on offer and the minimum and maximum trade requirements will vary depending on the trader and the instrument.

EasyMarkets also offers supports a wide range of languages including English, German, Arabic, Chinese, Spanish and Polish.

EasyMarkets¬†is¬†regulated¬†by CySEC and ASIC. The broker says it is in full compliance with¬†regulatory¬†laws which includes account segregation, digital security and KYC.‚Ä̬†EasyMarkets¬†is¬†regulated¬†by the Cyprus Securities and Exchange Commission (CySEC). The license number is 079/07.

Roboforex robo forex best brokers

Roboforex

Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading.  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 ‚Äď Demo, Micro, Mini, Standard, Zero, ECN, STP and Islamic and all accounts support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, and much more.

RoboForex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS. 

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.

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.

Trading 212 authorised and regulated by the Financial Conduct Authority (FCA).

What Are The Advantages Of Trading In Forex?

There are many excellent benefits and advantages to trading forex including:

No commissions:  No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail forex brokers are rewarded for their services through a “spread “.

No fixed lot sizes:  In the futures markets, lot or contract sizes are determined by the exchanges. In spot forex, traders will determine their own lot, or position size. 

Low transaction costs:  The retail transaction cost is typically a smaller amount than 0.1% under normal market conditions. For larger transactions, the spread could be as low as 0.07%. This, of course will be dependent on a traders’ leverage.

And Much More!

In Conclusion

Remember a trusted broker plays a vital role in the success of any trader. Trading in the financial markets with Algerian Brokers can be difficult, even for the pro‚Äôs, so choosing a trusted regulated broker should be at the top of any trader‚Äôs ‚Äúmust-have‚ÄĚ list.¬† Apart from the educational and other resources made available online, another important factor for Algerian traders to consider when looking for Algerian Brokers is the platform and tools on offer. Always take the time to find a broker with a great track record and offers stellar customer service.