Top Cambodia Brokers for 2023
We found 11 online brokers that are appropriate for Trading Benin.
Best Benin Brokers Guide
Analysis by Andrew Blumer, Updated September 22, 2023
Benin Financial Markets
We have conducted extensive research and analysis on over multiple data points on Cambodia Brokers to present you with a comprehensive guide that can help you find the most suitable Cambodia Brokers. Below we shortlist what we think are the best benin brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cambodia Brokers.
Trading in Benin
When trading in Benin you will need to know what your options with your Benin trading broker are.
We list below the trading account types available in Benin. If you are looking for brokers in Benin that are suitable for trading in the Forex, CFD's, Indices and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Benin broker guide will explain the things you should check and be aware of before you invest.
Forex Trading in Benin
Forex trading is growing in popularity in Benin. The volume of Forex traded in Benin 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 Benin and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.
Is Forex Trading Legal in Benin?
Their is a misconception that trading Forex on the financial market in Benin is considered unsafe. This is not the case, Forex trading in Benin is very active.
Trading in Forex is allowed in Benin 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. Benin Forex trading is not banned, their are many international online brokers offering favourable trading conditions.
Do Forex Traders Pay Tax in Benin?
Once a traders profits reach a level where the income on the Forex trading can be taxed in Benin the trader should make sure all taxes owed for a financial year are paid. Benin 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 Benin. You should seek advice with a Benin tax professional to ensure they are abiding by all proper tax laws in Benin. In Benin Islamic accounts do not have additional restrictions on trades.
Cryptocurrencies in Benin
Cryptocurrency markets in Benin are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in Benin things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Benin for example.
Due to a large young population in Benin with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Benin. $6 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in Benin
In Benin commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Benin 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 Benin are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Benin here.
Islamic Accounts in Benin
Benin brokers support Islamic accounts or swap-free accounts. Benin 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 Benin offer accounts that are suitable for Islamic traders. These Benin brokers complies with Sharia law.
Benefits of Trading in Benin
Benin economy and population is growing. The middle class population in Benin is increasing which means a growing consumer base. Many business and financial opportunities exist in Benin. Benin has a young population educated in technology and the internet.
Concerns of Trading in Benin
Benin 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 Benin 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. Benin Brokers offering high leverage trades in Benin 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 Benin brokers offer as a level of protection. you can learn more about further below on this guide.
Reputable Benin Brokers Checklist
Selecting a reliable and reputable online Benin trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Benin more confidently.
Selecting the right online Benin trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Benin broker has a solid track record of at least two years in the industry.
- Verify that the Benin broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Benin broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Benin broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Benin brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Benin broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
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 Benin 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.
Compare Key Features of Benin Brokers in Our Brokerage Comparison Table
When choosing a broker for benin trading, it's essential to compare the different options available to you. Our benin brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each benin broker.
- The funding methods available for benin with each broker.
- The types of instruments you can trade with each benin broker, such as forex, stocks, commodities, and indices.
- The trading platforms each benin broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each benin broker affects the cost of trading.
- The level of customer support each benin broker offers, including their availability, responsiveness, and quality of service.
- Whether each benin broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a benin broker that best suits your needs and preferences for benin. Our benin broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Benin Brokers of 2023 compared
Here are the top Benin Brokers (BJ).
Compare benin brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a benin broker, it's crucial to compare several factors to choose the right one for your benin needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are benin brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more benin brokers that accept benin clients.
| Broker |
IC Markets
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Roboforex
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XM
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XTB
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AvaTrade
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Pepperstone
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NordFX
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Trading212
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FP Markets
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EasyMarkets
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SpreadEx
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| locality | IC Markets accept Benin clients | Roboforex accept Benin clients | XM accept Benin clients | XTB accept Benin clients | AvaTrade accept Benin clients | Pepperstone accept Benin clients | NordFX accept Benin clients | Trading 212 accept Benin clients | FP Markets accept Benin clients | easyMarkets accept Benin clients | SpreadEx accept Benin clients |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | 10 | 5 | No minimum deposit | 100 | 200 | 1 | 1 | 100 | 100 | 1 |
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| Used By | 180,000+ | 1,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ | 15,000,000+ | 10,000+ | 142,500+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xm |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with pepperstone |
Sign
Up with nordfx |
Sign
Up with trading212 |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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 | Your capital is at risk | Losses can exceed deposits |
| Demo |
IC Markets Demo |
Roboforex Demo |
XM Demo |
XTB Demo |
AvaTrade Demo |
Pepperstone Demo |
NordFX Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW, ES | US, CA, EU, RU, SY, KP, CU | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
All Benin brokers in more detail
You can compare Benin 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 Benin Brokers for 2023 article further below. You can see it now by clicking here
We have listed top Benin brokers below.
Benin Brokers Table of Contents
- Financial Markets in Benin
- Online Trading in Benin
- Forex Trading in Benin
- Is Forex Trading Legal in Benin
- Do Forex Traders Pay Tax in Benin
- Cryptocurrencies in Benin
- Commodity Trading in Benin
- Islamic Accounts in Benin
- Benefits of Trading in Benin
- Concerns of Trading in Benin
- Benin Brokers Explained
- 6 Factors to Consider when Choosing Benin Brokers
- Are Your Benin Brokers Trusted And Established?
- Are The Benin Brokers World Leading?
- What are the Benin Brokers Commissions and Fees?
- What are the Benin Brokers Funding and Withdrawl Methods?
- Find Benin Brokers with Round-the-clock support?
- Make sure the Benin Brokers Offer Comprehensive Trader resources?
- Why Benin Brokers needs to be regulated?
- Benin Brokers FAQ
- What are the best Benin brokers?
- What is the best Benin broker?
- Is Forex Trading Legal in Benin?
- Do Forex Traders Pay Tax in Benin?
- How do you trade Forex or CFDs in Benin?
- Related Benin Brokers Reviews
- Related Benin Brokers Alternatives
- Related Benin Brokers Comparisons
Benin Brokers Explained
Trading volatile financial markets with Benin Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Benin Brokers to ensure a successful trading experience.
Selecting Benin Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Benin markets effectively.
Reliability is key to gaining access to financial markets. Look for Benin Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Benin Brokers confidently.
6 Factors to Consider when Choosing Benin Brokers
Follow these five rules for selecting Benin Brokers that are right for you:
Are Your Benin Brokers Trusted And Established?
Search for a reputable Benin Brokers with a extensive proven track record for Benin, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Benin broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2009 | 2002 | 2006 | 2010 | 2008 | 2004 |
| Head Office | Australia | Belize | Cyprus | Poland | Ireland | Australia | Mauritius | UK |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 |
| Used By | 180,000+ | 1,000,000+ | 3,500,000+ | 581,000+ | 300,000+ | 400,000+ | 10,000+ | 15,000,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX | Visit Trading 212 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. |
Are The Benin Brokers World Leading?
Opt for Benin Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Benin Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 1000 | 5600 | 1250 | 1200 | 50 | 10000 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BE, BR, KP, NZ, TR, US, CA, SG | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU | US, CA |
| Forex pairs offered | 61 | 35 | 55 | 57 | 55 | 70 | 177 | |
| Forex pairs offered | 61 | 35 | 55 | 57 | 55 | 70 | 177 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 15 | 21 | 17 | 16 | 0 | 14 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | No | No | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 2100 | 0 | 160 | 1696 | 1000 | 1100 | 1731 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
What are the Benin Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Benin broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Benin broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
XM
|
XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 5 | 0 | 100 | 200 | 1 | 1 |
| Withdrawl Fees | No | Yes | No | varies | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | No | Yes | No | Yes | Yes | No |
What are the Benin Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Benin Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Benin Brokers.
| Broker |
IC Markets
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Roboforex
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XM
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XTB
|
AvaTrade
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Paypal | Yes | No | No | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | No | No | Yes | No | Yes | No | Yes |
| Payoneer | No | Yes | No | Yes | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
Find Benin Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Benin Brokers.
Benin Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Benin Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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Roboforex
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XM
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XTB
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AvaTrade
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Pepperstone
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NordFX
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Trading212
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XM | Visit XTB | Visit AvaTrade | Visit Pepperstone | Visit NordFX | Visit Trading 212 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% 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. | 81% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. |
Make sure the Benin Brokers Offer Comprehensive Trader resources?
It's important to ensure your Benin Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Benin Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Benin Brokers.
Why Benin Brokers needs to be regulated?
Regulated Benin Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Benin Brokers.
Consumers are protected by Benin Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Benin Brokers is necessary to prevent fraud. The Benin Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Benin Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Benin Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account