10 Best
Forex Trading Platforms and Brokers in
Tunisia
When trading in Tunisia, traders will need to know what their options with different Tunisian trading brokers are.
Below we have listed 10 of the best Forex brokers and trading platforms available in Tunisia. For traders who are looking for brokers in Tunisia that are suitable for trading in the Forex, CFD’s, Indices and ETFs, Cryptocurrencies or commodity markets, this article will give an overview of what they have on offer.
The Best Forex Trading Platforms and Brokers in Tunisia
Interactive Brokers
Interactive Brokers is an online broker which was founded in 1977 and offers Forex trading of over 100 instruments and over 10 currency pairs on a user-friendly custom trading platform, available as a browser-based web application. Interactive Brokers is a global broker and has a head office in United States and traders need to make a minimum deposit of $10000 as a start.
IB is regulated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the New York Stock Exchange, the Financial Conduct Authority and other regulators and self-regulatory organizations.
Interactive Brokers Trading benefits include:
- Allows scalping
- Allows hedging
- Offers STP
Interactive Brokers Trading Accounts Offered include:
- Demo account
- Mini account
- Standard account
- ECN account
- STP account
- Managed account
Interactive Brokers support a wide range of languages including English, Mandarin, Cantonese, Nihongo and more.
Swissquote
Swissquote is an online broker which was founded in 1999 and offers Forex and Social Trading, is a globally recognized broker and has a head office situated in Switzerland. New traders with Swissquote will need to make a minimum deposit of $1000 and a demo account is available. Swissquote Ltd is authorised and regulated by the Financial Conduct Authority (FCA).
Swissquote is able to accommodate various levels of traders and offers a wide variety of instruments and trading currency to choose from.
- Over 100 instruments
- Over 150 currency pairs
Swissquote offers both of the MetaTrader platforms; MT4 and MT5 plus mobile apps for Android and iOS.
Swissquote Trading benefits:
- Allows scalping
- Allows hedging
Swissquote Trading Accounts on Offer include:
- Demo account
- Mini account
- Standard account
With Swissquote, the minimum and maximum trade requirements will vary depending on the trader and the instrument and the platform supports a wide range of languages including English, German, French, Italian, Spanish, Arabic, Russian, and Chinese.
OANDA
OANDA is the Most Regulated Forex Broker and operate across six of the most credible authorities including:
- Australia AISC (Australian Securities and Investments Commission)
- United States CFTD (Commodity Futures Trading Commission)
- Europe and UK FCA – (Financial Conduct Authority)
- Japan IFFA (Institute Financial Futures Association)
- Singapore MAS (Monetary Authority of Singapore)
- Canada IIROC (Investment Industry Regulatory Organization of Canada)
OANDA Focuses on Transparency
OANDA is focused on pricing transparency and customer satisfaction and they offer real-time data from liquidity providers and finds mid-points across instruments. When it comes to customer support, OANDA boasts multiple customer service awards for 24 hours/6 days a week support. Live chat, emails and phone support is available.
XTB
XTB is an online broker which was founded in 2002 and offers Forex, CFDs, and Cryptocurrency trading. XTB is a global broker with their head office situated in Poland. XTB Ltd is authorised and regulated by the Financial Conduct Authority.
XTB have won numerous industry awards over the 18 years that they have been operating as a financial broker and traders can choose to trade in a wide variety of instruments over 1,500 instruments and over 50 currency pairs in fact. XTB offer traders the popular MT4 forex trading platform alongside the award-winning Xstation5.
XTB also offers traders mobile apps for Android and iOS and customer support in a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish.
FxPro
FXPro is an online broker which was founded in 2006 and offers Forex, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies trading. FXPro is a global broker and has a head office located in the UK. Since 2007, FxPro has been regulated by CySEC and operates under the CIF license number 078/07. As a CySEC regulated broker, FxPro is also a member of the Investor Compensation Fund scheme.
FXPro provide traders with access to top-tier liquidity and advanced trade execution with no dealing desk intervention and a starting account will need a minimum deposit of $100.
What can be traded with FXPro?
- Over 250 instruments
- Over 70 currency pairs
FXPro is one of the few brokers in the market who offers both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform and mobile apps for Android and iOS.
FXPro Trading benefits include:
- Allows scalping
- Allows hedging
- Low min deposit
- Offers Negative Balance Protection
With FXPro, the minimum and maximum trade requirements vary depending on the trader and the instrument chosen.
City Index
City Index is an online broker which was founded in 1983 and offers Forex, CFDs and Spread Betting trading and traders can trade in over 12,500 instruments and over 100 currency pairs on the popular MT4 forex trading platform. City Index also offer mobile apps for Android and iOS.
City Index is a global broker and has a head office situated in the UK and new traders will need to make a minimum deposit of $25 to make a start. City Index is regulated by top-tier financial authorities, such as the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) or Monetary Authority of Singapore (MAS).
City Index Trading benefits:
- Allows hedging
- Offers STP
- Low min deposit
- Guaranteed stop loss
- Offers Negative Balance Protection
City Index Trading Accounts on Offer include:
- Demo account
- Micro account
- Mini account
- Standard account
- STP account
- Managed account
City Index support a wide range of languages including English, Spanish, German, Arabic, Polish, and Chinese and has a triple AAA grade support rating.
Forex Time (FXTM)
Forex Time (FXTM) is a MetaTrader broker which offers forex and CFD traders multiple account options for both MT4 and MT5 platforms. FXTM is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295.
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 |
Is FXTM Safe?
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).
Commissions & Fees
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: 6.4 / 10
- Overall Score: 6.8 / 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.
XM Group
The XM Group provides the entire suite of MetaTrader platforms and over 1300 tradeable instruments, 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 is regulated by FCA (UK), ASIC (Australia) and CySEC.
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.
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.
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.
FBS
The activities of FBS are regulated by the International Financial Services Commission and 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.
AvaTrade
AvaTrade is an excellent partner for all types of trader, 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 boasting 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.
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. 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 moniker.
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 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.
FXPro
FXPro is an online broker founded which was founded in 2006 and offers Forex, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies trading. FXPro is a global broker and has a head office located in the UK. Since 2007, FxPro has been regulated by CySEC and operates under the CIF license number 078/07.
FXPro provide traders with access to top-tier liquidity and advanced trade execution with no dealing desk intervention and a starting account will need a minimum deposit of $100.
What can be traded with FXPro?
- Over 250 instruments
- Over 70 currency pairs
FXPro is one of the few brokers in the market who offers both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform and mobile apps for Android and iOS.
FXPro Trading benefits include:
- Allows scalping
- Allows hedging
- Low min deposit
- Offers Negative Balance Protection
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.
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.
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 trader multiple different assets, including binary options. Safety 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.
Olymp Trade is part of an international organization, the Financial Commission, and the minimum amount required to start investments and open a live account 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.
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 |
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 contains 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 to trade with. The most popular selection of currencies are: GBP, RUB, EUR, IDR, USD, MUR, and Yuan.
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 |
In Conclusion
We’ve listed the best brokers and trading platforms that would let Tunisian traders, trade Stocks, Indices, Binary Options, CDFs, ETFs, Forex and some cryptocurrencies like Bitcoin and Ethereum but traders must never make a decision on this alone. Different traders will have different trading needs and all these needs should be taken into account.
