15 Best Ghana Brokers & trading Platforms for 2020

The Ghana brokers or Ghanaian brokers are highly professional and well regulated even though the country is ranked as poor by the World Bank.

The Ghana Stock Exchange is an authorized stock exchange in the country and a African Securities Exchanges Association (ASEA) member. It has a market capitalization of about 63,000 million cedi, the national currency of the country.

Trading with Ghana Brokers

The Ghana financial markets and Ghana brokers are regulated by the Bank of Ghana, which mainly oversees stock, Forex and CFD trading activities in the country.

The Central Bank of Ghana focuses on ensuring funds of depositors are safe and secured while they are trading in the financial institutions. It enforces regulations and promotes fair competition in the market. It looks the payment system of traders is efficient on the platform of Ghana brokers.

Traders should deal with licensed Ghana brokers and if a new trader open multiple a demo accounts with a few brokers to gain some experience trading the country's financial markets, the trading platforms and understand investment strategies when trading in stocks, Forex, CFDs or commodities.

Ghana Trading Advantages

The country is counted among one of the richest in Africa in terms of natural resources and after the inclusion of oil in exports its GDP took a significant growth.

The country has lately undertaken several development projects that include the expansion of infrastructure and road constructions. The Banking Act of 2007 lays down a good financial foundation in Ghana that is highly favorable for traders.

Ghana Trading Challenges

Even though Ghana is one of the richest countries in the continent, there are certain challenges that may come across traders as significant obstacles. In terms of ease of doing business it is ranked 114th in the world and World Bank has positioned Ghana 108th for starting a business. These rankings indicate a challenging environment in the country.

World Bank further ranks Ghana at 73rd and 99th for getting credit and protecting minority investors respectively.

Ghana also frequently faces exchange and interest rate fluctuations. The high inflation is a real challenge for traders and an unstable environment means borrowing money could be risky.

Things to Consider When Trading in Ghana

Foreign traders are gladly welcomed in Ghana and below are some suggestions on what to consider before investing in the country:

Ghana Brokers Verdict

Ghana is not as safe to trade as some larger economies, but there are ample opportunities to make money depending on your investment strategy. Research thoroughly before placing a trade, test your strategy by initially trading with demo accounts and be cautious as you gain experience.

Restructuring and deregulation has transformed the financial sector during the last 3 decades with important changes in the The Ghana Stock Exchange (GSE), insurance, banking, shipping, and commodity markets.

Ghana known as Republic of Ghana has a number of established reputable financial markets.

The main Ghana securities markets include the The Ghana Stock Exchange (GSE) which deals in officially listed stocks and shares,government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural and other commodities.

We've collected thousands of datapoints and written a guide to help you find the best Ghana 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 Top Ghana Brokers below. You can go straight to the broker list here.

Trading in Ghana

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

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

Forex Trading in Ghana

Forex trading is growing in popularity in Ghana. The volume of Forex traded in Ghana 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 Ghana and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.

Is Forex Trading Legal in Ghana?

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

Trading in Forex is allowed in Ghana 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. Ghana Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Ghana?

Once a traders profits reach a level where the income on the Forex trading can be taxed in Ghana the trader should make sure all taxes owed for a financial year are paid. Ghana 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 Ghana. You should seek advice with a Ghana tax professional to ensure they are abiding by all proper tax laws in Ghana. In Ghana Islamic accounts do not have additional restrictions on trades.

Cryptocurrencies in Ghana

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

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

Commodity Trading in Ghana

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

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 Ghana are able to take advantage of this demand.

Islamic Accounts in Ghana

Ghana brokers support Islamic accounts or swap-free accounts. Ghana 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 Ghana offer accounts that are suitable for Islamic traders. These Ghana brokers complies with Sharia law.

Benefits of Trading in Ghana

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

Concerns of Trading in Ghana

Ghana 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 Ghana 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. Ghana Brokers offering high leverage trades in Ghana 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 Ghana brokers offer as a level of protection. you can learn more about further below on this guide.

Reputable Ghana Brokers Checklist

There are a number of important factors to consider when picking an online Ghana 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 Ghana 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 Ghana Brokers.

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

Top 15 Ghana Brokers of 2020 compared

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

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

All Ghana brokers in more detail

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

eToro

★★★★☆ (4/5)

Min deposit : 200
eToro offers CFDs, Social Trading
eToro was established in 2006 and is used by over 12000000+ traders.

Visit eToro Try a Demo Read review

62% 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.

Broker	eToro	XTB	Trading212	Pepperstone	Plus500	FXPrimus	EasyMarkets	Roboforex	FP Markets	XM	HY Markets	City Index	AvaTrade	Forex.com	OctaFX	NordFX
Rating	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★☆☆	★★★★☆	★★★★☆	★★★★☆
locality	eToro accept Ghana clients	XTB accept Ghana clients	Trading 212 accept Ghana clients	Pepperstone accept Ghana clients	Plus500 accept Ghana clients	FXPrimus accept Ghana clients	EasyMarkets accept Ghana clients	Roboforex accept Ghana clients	FP Markets accept Ghana clients	XM accept Ghana clients	HYCM accept Ghana clients	City Index accept Ghana clients	AvaTrade accept Ghana clients	Forex.com accept Ghana clients	OctaFX accept Ghana clients	NordFX accept Ghana clients
Regulation	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego	Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)	Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14	Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)	Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)	Cyprus Securities and Exchange Commission (CySEC)	Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)	Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)	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)	Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)	Financial Conduct Authority (FCA)	Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
Min Deposit	200	No minimum deposit	1	200	100	100	1	1	100	5	100	25	250	500	5	1
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	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+	250,000+	14,000,000+	10,000+	15,500+	10,000+	10,000+	10,000+	10,000+	70,000+	10,000+	14,000+	200,000+	40,000+	30,000+	10,000+
Benefits	Offers STP Low min deposit	Allows scalping Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows hedging Offers STP Low min deposit Guaranteed stop loss 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 Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit	Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit	Allows scalping Allows hedging Offers STP Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit
Accounts	Demo account Micro account Mini account Standard account Islamic account	Pro account Demo account Micro account Mini account Standard account Islamic account	Demo 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 Islamic account	Demo account Micro account Mini account Standard account Zero spread account ECN account Islamic account	Demo account Mini account Standard account ECN account Managed account Islamic account	Demo account Micro account Mini account Standard account Zero spread account Islamic account	Demo account Micro account Mini account Standard account Islamic account	Demo account Micro account Mini account Standard account Managed account	Demo account Micro account Mini account Standard account Islamic account	Demo account Mini account Standard account ECN account Islamic account	Demo account Micro account Mini account Standard account Zero spread account Islamic account	Demo account Micro account Mini account Standard account Zero spread account ECN 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	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, Mirror Trader, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	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, Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	MT4, Tablet & Mobile apps	MT4, Web Trader, Tablet & Mobile apps	MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps	MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps	MT4, MT5, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, 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	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 XTB	Sign Up with Trading 212	Sign Up with Pepperstone	Sign Up with Plus500	Sign Up with FXPrimus	Sign Up with EasyMarkets	Sign Up with Roboforex	Sign Up with FP Markets	Sign Up with XM	Sign Up with HYCM	Sign Up with City Index	Sign Up with AvaTrade	Sign Up with Forex.com	Sign Up with OctaFX	Sign Up with NordFX
Risk Warning	62% 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.	Your capital is at risk	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.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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	76.4% of retail CFD accounts lose money	Losses can exceed deposits	Your capital is at risk	Losses can exceed deposits	Losses can exceed deposits	Your capital is at risk	Losses can exceed deposits	71% of retail investor accounts lose money when trading CFDs with this provider	Losses can exceed deposits	69% of retail investor accounts lose money when trading CFDs with this provider	Losses can exceed deposits	Losses can exceed deposits
Demo	eToro Demo	XTB Demo	Trading 212 Demo	Pepperstone Demo	Plus500 Demo	FXPrimus Demo	EasyMarkets Demo	Roboforex Demo	FP Markets Demo	XM Demo	HYCM Demo	City Index Demo	AvaTrade Demo	Forex.com Demo	OctaFX Demo	NordFX Demo
Excluded Countries	US, IR, KP, BE, CA, JP, SY, TR, IL	US, IN, PK, BD, NG , ID, BE	US	KR, IR, IQ, SY, JP, US	BE, US, CA, CN, ID, PH	AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.	US	US, JP	US, JP, NZ	US, CA, IL, BE, KR, IR, MM, CU, SD, SY	US	US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW	BE, BR, KP, NZ, TR, US, CA, SG	BE	US	No

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

XTB

★★★★☆ (4/5)

Min deposit : 0
XTB offers Forex, CFDs, Cryptocurrency
XTB was established in 2002 and is used by over 250000+ traders.

Visit XTB Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego

Trading212

★★★★☆ (4/5)

Min deposit : 1
Trading 212 offers Stocks, Forex, Commodities, Indices
Trading 212 was established in 2006 and is used by over 14000000+ traders.

Visit Trading 212 Try a Demo Read review

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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200
Pepperstone offers Forex, CFDs, Social Trading
Pepperstone was established in 2010 and is used by over 10000+ traders.

Visit Pepperstone Try a Demo Read review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)

Plus500

★★★★☆ (4/5)

Min deposit : 100
Plus500 offers CFDs
Plus500 was established in 2008 and is used by over 15500+ traders.

Visit Plus500 Try a Demo Read review

76.4% of retail CFD accounts lose money

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), FCA FRN 509909, Cyprus Securities and Exchange Commission (CySEC), CySEC cLicense No. 250/14

FXPrimus

★★★★☆ (4/5)

Min deposit : 100
FXPrimus offers Forex, Social Trading
FXPrimus was established in 2009 and is used by over 10000+ traders.

Visit FXPrimus Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)

EasyMarkets

★★★★☆ (4/5)

Min deposit : 1
EasyMarkets offers Forex, CFDs
EasyMarkets was established in 2003 and is used by over 10000+ traders.

Visit EasyMarkets Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)

Roboforex

★★★★☆ (4/5)

Min deposit : 1
Roboforex offers Forex, CFDs
Roboforex was established in 2009 and is used by over 10000+ traders.

Visit Roboforex Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC)

FP Markets

★★★★☆ (4/5)

Min deposit : 100
FP Markets offers Forex
FP Markets was established in 2005 and is used by over 10000+ traders.

Visit FP Markets Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)

★★★★☆ (4/5)

Min deposit : 5
XM offers Forex, CFDs
XM was established in 2009 and is used by over 70000+ traders.

Visit XM Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)

HY Markets

★★★★☆ (4/5)

Min deposit : 100
HYCM offers Forex, CFDs
HYCM was established in 1977 and is used by over 10000+ traders.

Visit HYCM Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048

City Index

★★★★☆ (4/5)

Min deposit : 25
City Index offers Forex, CFDs, Spread Betting
City Index was established in 1983 and is used by over 14000+ traders.

Visit City Index Try a Demo Read review

71% of retail investor accounts lose money when trading CFDs with this provider

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)

AvaTrade

★★★☆☆ (3/5)

Min deposit : 250
AvaTrade offers Forex, CFDs, Spread Betting, Social Trading
AvaTrade was established in 2006 and is used by over 200000+ traders.

Visit AvaTrade Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

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)

Forex.com

★★★★☆ (4/5)

Min deposit : 500
Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies
Forex.com was established in 1999 and is used by over 40000+ traders.

Visit Forex.com Try a Demo Read review

69% of retail investor accounts lose money when trading CFDs with this provider

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) 

OctaFX

★★★★☆ (4/5)

Min deposit : 5
OctaFX offers Forex
OctaFX was established in 2011 and is used by over 30000+ traders.

Visit OctaFX Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA)

NordFX

★★★★☆ (4/5)

Min deposit : 1
NordFX offers Forex
NordFX was established in 2008 and is used by over 10000+ traders.

Visit NordFX Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

FXPro

★★★★☆ (4/5)

Min deposit : 100
FXPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies
FXPro was established in 2006 and is used by over 10000+ traders.

Visit FXPro Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) 

Admiral

★★★★☆ (4/5)

Min deposit : 200
Admiral Markets offers Forex, CFDs
Admiral Markets was established in 2001 and is used by over 10000+ traders.

Visit Admiral Markets Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

Axitrader

★★★★☆ (4/5)

Min deposit : 0
Axitrader offers Forex, CFDs, Social Trading
Axitrader was established in 2007 and is used by over 10000+ traders.

Visit Axitrader Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

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)

SpreadEx

★★★★☆ (4/5)

Min deposit : 1
SpreadEx offers Forex, CFDs, and spread betting
SpreadEx was established in 1999 and is used by over 10000+ traders.

Visit SpreadEx Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA)

Swissquote

★★★★☆ (4/5)

Min deposit : 1000
Swissquote offers Forex, Social Trading
Swissquote was established in 1999 and is used by over 300000+ traders.

Visit Swissquote Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA)

Markets.com

★★★★☆ (4/5)

Min deposit : 100
Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers
Markets.com was established in 2008 and is used by over 10000+ traders.

Visit Markets.com Try a Demo Read review

84% 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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)

ForTrade

★★★☆☆ (3/5)

Min deposit : 1
ForTrade offers Forex, CFDs
ForTrade was established in 1992 and is used by over 10000+ traders.

Visit ForTrade Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Binary, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA)

Eightcap

★★★★☆ (4/5)

Min deposit : 100
Eightcap offers Forex, CFDs
Eightcap was established in 2015 and is used by over 10000+ traders.

Visit Eightcap Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Tablet & Mobile apps

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Australian Securities and Investment Commission (ASIC)

Top Ghana Brokers for 2020 Review by Andrew Blumer last updated on March 26, 2020

Ghana Brokers Table of Contents

Financial Markets in Ghana
Online Trading in Ghana
Forex Trading in Ghana
Is Forex Trading Legal in Ghana
Do Forex Traders Pay Tax in Ghana
Cryptocurrencies in Ghana
Commodity Trading in Ghana
Islamic Accounts in Ghana
Benefits of Trading in Ghana
Concerns of Trading in Ghana
Ghana Brokers Explained
6 Factors to Consider when Choosing Ghana Brokers

Are Your Ghana Brokers Trusted And Established?
Are The Ghana Brokers World Leading?
What are the Ghana Brokers Commissions and Fees?
What are the Ghana Brokers Funding and Withdrawl Methods?
Find Ghana Brokers with Round-the-clock support?
Make sure the Ghana Brokers Offer Comprehensive Trader resources?
Why do Ghana Brokers need to be regulated?

Ghana Brokers FAQ

What are the best Ghana brokers?
What is the best Ghana broker?
Is Forex Trading Legal in Ghana?
Do Forex Traders Pay Tax in Ghana?
How do you trade Forex or CFDs in Ghana?

Related Ghana Brokers Reviews
Related Ghana Brokers Alternatives
Related Ghana Brokers Comparisons

Ghana Brokers Explained

Trading the financial markets with Ghana Brokers when conditions are volatile can be difficult, even for experienced traders.

Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Ghana Brokers is the platform that a Ghana Brokers offer.

Choose Ghana Brokers that's at the forefront of innovation and generally considered an industry-leader.

To gain access to the financial markets, you'll need Ghana Brokers that you can rely on.

6 Factors to Consider when Choosing Ghana Brokers

Follow these five rules for selecting a broker that's right for you:

Are Your Ghana Brokers Trusted And Established?

Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Ghana broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.

eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Another top rated broker is XTB.

XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.

XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Broker	eToro	XTB	Trading212	Pepperstone
Year Established	2006	2002	2006	2010
Head Office	Cyprus, UK	Poland	UK	Australia
Regulation	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego	Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By	12,000,000+	250,000+	14,000,000+	10,000+
Negative balance protection	No	Yes	Yes	Yes
Guaranteed Stop Loss	No	Yes	Yes	No
Learn More	Visit eToro	Visit XTB	Visit Trading 212	Visit Pepperstone
Risk Warning	62% 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.	Your capital is at risk	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.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

Are The Ghana Brokers World Leading?

Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 100 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro 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 Ghana Brokers is XTB . XTB Segregates clients funds and offers over 1,500 instruments.

Broker	eToro	XTB	Trading212	Pepperstone
Instruments Available	100	1,500	3000	100
Platforms	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Excluded Countries	US, IR, KP, BE, CA, JP, SY, TR, IL	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	US	KR, IR, IQ, SY, JP,US
Forex pairs offered	50	50	177	70
Forex pairs offered	50	50	177	70
Major forex pairs	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes
Cryptocurrencies	Yes	Yes	Yes	Yes
Commodities Offered	0	21	14	16
Metals	Yes	Yes	Yes	Yes
Energies	Yes	Yes	Yes	Yes
Agricultural	Yes	Yes	Yes	No
Stocks Offered	957	1696	1731	60
UK Shares	Yes	Yes	Yes	No
US Shares	Yes	Yes	Yes	No
German Shares	Yes	Yes	Yes	Yes
Japanese Shares	Yes	Yes	Yes	No

What are the Ghana Brokers Commissions and Fees?

Ensure that your broker is transparent with fees and those dues are competitive.

The best rated Ghana broker eToro offers competitive offers for CFDs, Social Trading. eToro minimum deposit is 200.

Another top rated Ghana broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.

Broker	eToro	XTB	Trading212	Pepperstone
Min Deposit	200	0	1	200
Withdrawl Fees	Yes	varies	No	No
Inactivity Fees	Yes	No	No	Yes
Deposit Fees	No	No	No	No
CFD Commission Fees	No	Yes	No	Yes

What are the Ghana Brokers Funding and Withdrawal Methods?

When dealing with Ghana Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.

Broker	eToro	XTB	Trading212	Pepperstone
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes
Skrill	Yes	Yes	Yes	Yes
Payoneer	Yes	Yes	No	Yes
Neteller	Yes	Yes	No	Yes

Find Ghana Brokers with Round-the-clock support?

Customer service is very important when dealing with Ghana Brokers.

When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.

Ghana Brokers customer support can include Phone answering services, Live chat support and Email customer service support.

eToro support a wide range of languages including English, German, Spanish, French, and Italian

XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	eToro	XTB	Trading212	Pepperstone
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
Languages	English, German, Spanish, French, and Italian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文	English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More	Visit eToro	Visit XTB	Visit Trading 212	Visit Pepperstone
Risk Warning	62% 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.	Your capital is at risk	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.	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% 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

Make sure the Ghana Brokers Offer Comprehensive Trader resources?

Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.

For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.

Why do Ghana Brokers need to be regulated?

A regulated Ghana broker lowers your risk.

Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.

Ghana brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.

Ghana Brokers FAQ

What are the best Ghana brokers?

The best Ghana brokers that are regulated are

What is the best Ghana broker?

The best Ghana broker is eToro. We consider eToro one of the best Ghana brokers because eToro is actively used by over 12000000 active traders. eToro ia regulated by tier 1 financial regulators including Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC). eToro were founded in 2006 and have a headquarters in Cyprus, UK. You can open a live trading account with eToro with as little as a 200 min deposit.

Is Forex Trading Legal in Ghana?

Their is a misconception that trading Forex on the financial market in Ghana is considered unsafe. This is not the case, Forex trading in Ghana is very active. Trading in Forex is allowed in Ghana 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. Ghana Forex trading is not banned, their are many international online brokers offering favourable trading conditions.

Do Forex Traders Pay Tax in Ghana?

Once a traders profits reach a level where the trading income can be taxed in Ghana, the trader should make sure all taxes owed for a financial year are paid. Ghana 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 Ghana government agency. You should seek advice with a Ghana tax professional to ensure they are abiding by all proper tax laws in Ghana.

How do you trade Forex or CFDs in Ghana?

If you are looking to trade Forex or CFDs on the financial markets in Ghana you will need to find a reputable broker that is regulated. The best online broker for Forex or CFD trading in Ghana is eToro. eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and offers CFDs, Social Trading trading. You can open a live account with a min deposit of 200.

Best Ghana Brokers Guide

Ghana Financial Markets

Ghana Brokers

Trading with Ghana Brokers

Ghana Trading Advantages

Ghana Trading Challenges

Things to Consider When Trading in Ghana

Ghana Brokers Verdict

Trading in Ghana

Forex Trading in Ghana

Is Forex Trading Legal in Ghana?

Do Forex Traders Pay Tax in Ghana?

Cryptocurrencies in Ghana

Commodity Trading in Ghana

Islamic Accounts in Ghana

Benefits of Trading in Ghana

Concerns of Trading in Ghana

Reputable Ghana Brokers Checklist

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

Top 15 Ghana Brokers of 2020 compared

All Ghana brokers in more detail

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