Top Bangladesh Brokers for 2020

We found 10 online brokers that are appropriate for Trading Bangladesh.

Best Bangladesh Brokers Guide

Bangladesh Financial Markets

Bangladesh Brokers

Bangladesh has a very active financial industry. In Bangladesh the Dhaka Stock Exchange (DSE) is the main exchange for the country. This guide will help you find the best Bangladeshi brokers who have a good understanding of the financial markets and are well received by local clients.

No major Forex or CFD brokers are based in Bangladesh. Almost all the brokerages that have expertise in these types of trading are international non-Bangladesh brokers. They are not situated in the country though some may have small offices in Bangladesh. It is common practice for local traders open accounts with foreign brokers that have regulation in Europe or other large highly regulated economies.

The DSE was founded in 1986 but has a history going as far back as 1954, when the country was not independent and was a part of Pakistan. Then it was named as East Pakistan Stock Exchange Association Ltd.

Currently the DSE is ranked in the top 50 largest exchanges in the world has a market capitalization of about $42.42 billion.

Apart from DSE, Bangladesh brokers also help clients to trade in the Chittagong Stock Exchange (CSE), which is the second biggest exchange in the country.

Bangladesh Brokers and Regulation

All Bangladesh brokers are regulated by the Bangladesh Securities and Exchange Commission (BSEC) under the Securities and Exchange Commission Act 1993.

BSEC was founded in 1993 and is operated under the Ministry of Finance. It focuses in protecting the interest of traders and also to develop the market in the country.

Bank of Bangladesh widely oversees the Bangladesh brokers.

Trading under Bangladesh Brokers

Brokerages in Bangladesh are not required to have any additional regulation, but for the non-Bangladesh brokers regulation is strict and both brokers and traders are required to come under the regulatory authorities on their own countries. This is reason many Bangladeshi's trade with brokers with regulation in the EU, as these brokers can offer a safer trading environment than brokers within Bangladesh.

Any Bangladesh broker that you trade with make sure they keep any funded money in separate segregated accounts from their own. This is in case the brokerage declares bankruptcy, the broker does not have direct access to your funds.

Any broker that you trade with in Bangladesh must have a good reputation among clients and offer you an ample range of trading options and tools.

Finally, if you are new to the markets in Bangladesh it is best to sign up for a few demo accounts with some brokers you like. This will give you a chance to test out the different broker platforms and experience the markets before trading with real money.

Bangladesh Trading Advantages

Bangladesh is a small country with a population of around 168 million and annual growth rate of 5.3 percent. In the period of past 10 years poverty levels have been reduced by half and Ready Made Garment export has increased.

Bangladesh is focusing to become a middle-income country by 2021. Plans are being implemented to achieve targets that include massive investment in infrastructure and skills development. English is a spoken language in businesses here.

Bangladesh Trading Challenges

Bangladesh is still a very poor country and under developed. The World Bank has stated that the business climate has improved in Bangladesh. Its top trading partners are United States, United Kingdom, France, Spain and Germany.

Soon the UK will be leaving the European Union bloc and this may affect the Bangladesh market.

In terms of enforcing contracts, Bangladesh is ranked 189th and obtaining credit is not easy here. World Bank has ranked the country 176th in trading across borders and 179th in obtaining electricity.

Bangladesh Brokers Verdict

Trading in Bangladesh is challenging, but the Bangladesh brokers are well regulated by the country's regulatory authority. Both the leading exchanges, the DSE as well as the CSE, are listed in the top fifty largest exchanges in the world.

Best Bangladesh Brokers

We've collected thousands of datapoints and written a guide to help you find the best Bangladesh Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best bangladesh brokers below. You can go straight to the broker list here.

Trading in Bangladesh

When trading in Bangladesh you will need to know what your options with your Bangladesh trading broker are.

We list below the trading account types available in Bangladesh. If you are looking for brokers in Bangladesh that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies or commodity markets; this Bangladesh broker guide will explain the things you should check and be aware of before you invest.

Forex Trading in Bangladesh

Forex trading is growing in popularity in Bangladesh. The volume of Forex traded in Bangladesh has increased year on year over the last five years.

Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.

Advances in online technology, higher internet coverage in Bangladesh and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Bangladesh?

Their is a misconception that trading Forex on the financial market in Bangladesh is considered unsafe. This is not the case, Forex trading in Bangladesh is very active.

Trading in Forex is allowed in Bangladesh as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Bangladesh Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Bangladesh?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Bangladesh the trader should make sure all taxes owed for a financial year are paid. Bangladesh taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Bangladesh. You should seek advice with a Bangladesh tax professional to ensure they are abiding by all proper tax laws in Bangladesh. In Bangladesh Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Bangladesh

Cryptocurrency markets in Bangladesh are relatively new. Because Cryptocurrency works on decentralised assets in Bangladesh things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Bangladesh for example.

Due to a large young population in Bangladesh with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Bangladesh. $6 billion USD worth of Bitcoin is traded daily around the world.

Commodity Trading in Bangladesh

In Bangladesh commodity trading includes the trade in precious metals, energies and agricultural commodities.

Some commodities like metals are seeing exponential growth in Bangladesh since 2002.

Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Bangladesh are able to take advantage of this demand.

We list brokers that allow you to trade commodities in Bangladesh here.

Islamic Accounts in Bangladesh

Bangladesh brokers support Islamic accounts or swap-free accounts. Bangladesh Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Bangladesh offer accounts that are suitable for Islamic traders. These Bangladesh brokers complies with Sharia law.

Benefits of Trading in Bangladesh

Bangladesh economy and population is growing. The middle class population in Bangladesh is increasing which means a growing consumer base. Many business and financial opportunities exist in Bangladesh. Bangladesh has a young population educated in technology and the internet.

Concerns of Trading in Bangladesh

Bangladesh digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Bangladesh guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.

Learn about leverage when trading. Bangladesh Brokers offering high leverage trades in Bangladesh can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Bangladesh brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Bangladesh Brokers Checklist

There are a number of important factors to consider when picking an online Bangladesh trading brokerage.

It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.

When deciding to trade and find a suitable Bangladesh broker if you wish your broker to be 100% local check they are governed and regulated by the below.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Bangladesh Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Bangladesh Brokers of 2020 compared

Here are the top Bangladesh Brokers (BD).

Compare Bangladesh Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are bangladesh brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more bangladesh brokers that accept bangladesh clients

Broker eToro FP Markets Trading212 IC Markets Pepperstone Plus500 FXPrimus Roboforex EasyMarkets AvaTrade
Rating
locality eToro accept Bangladesh clients FP Markets accept Bangladesh clients Trading 212 accept Bangladesh clients IC Markets accept Bangladesh clients Pepperstone accept Bangladesh clients Plus500 accept Bangladesh clients FXPrimus accept Bangladesh clients Roboforex accept Bangladesh clients easyMarkets accept Bangladesh clients AvaTrade accept Bangladesh clients
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) 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)
Min Deposit 200 100 1 200 200 100 100 1 100 250
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 10,000+ 14,000,000+ 60,000+ 10,000+ 15,500+ 10,000+ 10,000+ 142,500+ 200,000+
Benefits
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
fpmarkets
Sign Up with
trading212
Sign Up with
icmarkets
Sign Up with
pepperstone
Sign Up with
plus500
Sign Up with
fxprimus
Sign Up with
roboforex
Sign Up with
easymarkets
Sign Up with
avatrade
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits Your capital is at risk 79% of retail investor accounts lose money when trading CFDs with this provider
Demo eToro
Demo
FP Markets
Demo
Trading 212
Demo
IC Markets
Demo
Pepperstone
Demo
Plus500
Demo
FXPrimus
Demo
Roboforex
Demo
easyMarkets
Demo
AvaTrade
Demo
Excluded Countries US, IR, KP, BE, CA, JP, SY, TR, IL, HK US, JP, NZ US AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA BR, KR, IR, IQ, SY, JP, US BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, JP US BE, BR, KP, NZ, TR, US, CA, SG

All Bangladesh brokers in more detail

You can compare Bangladesh Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Bangladesh Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Bangladesh brokers below.

Bangladesh Brokers List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
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)