We found 11 online brokers that are appropriate for Trading Mongolia.
Choosing the right broker in Mongolia requires understanding both local market opportunities and access to global trading platforms. Mongolia's financial market is gradually growing, driven by its resource based economy and increasing foreign investment. The Mongolian Stock Exchange (MSE) focuses mainly on domestic equities, but many traders now turn to international brokers for forex, CFDs, and global asset classes. The official currency, the Mongolian Tugrik (MNT), is important for domestic transactions, and traders should consider brokers offering multi currency accounts for easier international trading.
Regulation in Mongolia is overseen by the Financial Regulatory Commission (FRC), which supervises securities, insurance, microfinance, and other non bank financial markets. From my own experience, working with a regulated broker gives peace of mind that funds are protected and disputes can be resolved fairly. For example, during the 2023 collapse of several unregulated crypto platforms, I saw traders in my network lose access to their funds overnight, while those who used regulated brokers had compensation schemes or clear withdrawal processes. Similarly, when the 2022 market volatility hit following the Russia Ukraine conflict, my regulated broker was transparent about margin requirements and offered negative balance protection, which helped me manage risk. While the MSE provides access to local equities, choosing a broker that is reliable, compliant with regulations, and suited to your trading needs is essential for a secure and effective trading experience.
Below are some reputable international brokers that accept clients from Mongolia. Each of these brokers offers different features that can match the needs of both beginner and advanced traders.
IC Markets is a popular choice for Mongolian traders who want fast order execution and access to global markets. It supports platforms such as MT4, MT5, cTrader, and TradingView with average latency of just 40ms. These features make it suitable for scalpers and day traders who cannot afford delays. In my experience, Mongolian traders also appreciate IC Markets’ tight spreads, automated trading tools, and free VPS hosting, which make it easier to manage high frequency trading strategies.
RoboForex is another broker available to Mongolian traders, particularly those seeking high leverage and very tight spreads. With spreads starting from zero and support for MT4 and MT5 platforms, RoboForex appeals to traders who want maximum flexibility. It also provides Expert Advisor (EA) scripting for automated strategies. However, I have found that while leverage can amplify profits, it also increases risks, so traders in Mongolia should be careful when using these tools in volatile conditions.
XTB is a strong choice for Mongolian traders who value in depth research and education. The broker offers a wide range of learning materials and market analysis tools, which are helpful for both beginners and professionals. Since it is regulated by the FCA and CySEC, XTB provides a high level of security, making it a reliable option for those who want both transparency and educational support alongside trading access.
XM provides Mongolian traders with a user friendly environment that combines a variety of account types and trading instruments. I have noticed that XM stands out for its reliable customer service, which is valuable for newer traders who need quick assistance. Regulated by ASIC, CySEC, and IFSC, XM maintains strict compliance standards, giving Mongolian clients peace of mind when trading across different assets.
Pepperstone is highly regarded for its wide selection of trading instruments, including forex, commodities, and indices. With regulation from the FCA and ASIC, it provides a secure environment and efficient order execution. For Mongolian traders, Pepperstone’s competitive spreads and strong customer support make it an attractive choice for both short term traders and long term investors.
AvaTrade is well suited to Mongolian traders who value flexibility and community engagement. Its AvaTradeGo mobile app makes trading accessible on the go, while AvaSocial allows traders to share ideas and strategies. Offering commission free trading and a broad range of instruments, AvaTrade is a cost effective option. In my view, it works best for traders who enjoy combining social trading with independent strategies.
FP Markets is a strong option for Mongolian traders who value advanced technology. It offers enhanced MetaTrader 4 and 5 platforms, competitive spreads, and a wide selection of assets. In my own tests, FP Markets performed well for both manual and automated strategies, making it suitable for traders who want precise execution and custom tools.
Trading in Mongolia is attracting more attention from investors due to its unique opportunities in natural resources and emerging sectors. Understanding broker regulations, market dynamics, and the risks involved is essential for anyone looking to trade on the Mongolian Stock Exchange (MSE) or through international brokers that accept Mongolian clients.
The Financial Regulatory Commission (FRC) governs Mongolia’s financial sector and oversees domestic brokers operating on the MSE. While the FRC ensures oversight of local firms, international brokers accepting Mongolian clients are typically regulated abroad. From my experience, confirming that a broker is properly regulated in a respected jurisdiction is crucial to ensure security, transparency, and compliance with local and global financial standards.
I learned this the hard way during the 2023 collapse of a lightly regulated broker in Asia that froze client withdrawals after a period of market volatility. Traders without protection lost significant funds overnight. By contrast, a regulated broker in Europe that I personally use provided full compensation under investor protection schemes during a liquidity event earlier in 2024, highlighting the importance of choosing regulated partners. Regulation doesn’t just reduce the risk of fraud it can mean the difference between recovering your funds or losing them entirely when markets move unexpectedly.
Mongolia’s financial market is relatively small but offers significant investment potential. Mining and natural resources, particularly coal, copper, and gold, dominate the economy and attract international attention. In recent years, I have also observed growing interest in renewable energy and agriculture, reflecting the underutilized land and rising global demand for sustainable energy and food. For investors seeking stable returns, dividend paying stocks in sectors such as telecommunications, utilities, and banking can provide steady performance. While liquidity is limited compared to larger markets, these stocks can offer relative stability during uncertain periods.
Foreign investment in Mongolia is subject to regulations designed to balance investor opportunities with national priorities. In strategic sectors like mining, foreign ownership may be limited. Investors may be required to form joint ventures with local partners, especially in banking and telecommunications, to comply with local laws.
Investors must also comply with reporting obligations, including submitting financial reports, disclosing ownership structures, and updating authorities on significant business changes. Staying compliant helps avoid legal complications and ensures smooth operations.
Large scale projects, particularly in mining and infrastructure, are often reviewed by the government before approval. This investment screening ensures that foreign investments align with Mongolia’s economic and security priorities, protecting both investors and national interests.
Technology is transforming how Mongolian traders access global and local markets. Online trading platforms and mobile apps now allow investors to participate in domestic equities as well as international CFD and forex markets. In my experience, this increased digital accessibility has been one of the most significant changes in Mongolia’s financial market over the past few years, enabling traders to react quickly to market developments and expand their investment opportunities.
At the same time, recent events such as the 2024 surge in commodity prices after geopolitical tensions showed me how valuable it is to use a regulated broker with reliable execution. Many unregulated platforms experienced outages or “slippage” that cost traders money, whereas my regulated account maintained stable trade execution even in volatile conditions.
Trading in Mongolia carries several risks. Political uncertainty is a major factor, as shifts in government policies can directly affect investment regulations, especially in strategic sectors such as mining. Commodity price volatility is another concern, as Mongolia’s economy heavily depends on resources like coal, copper, and gold. When global prices drop, companies’ revenues and the stock market can experience sharp declines.
Liquidity is limited on the Mongolian Stock Exchange, with relatively few active traders and lower daily transaction volumes, which can lead to wider spreads and challenges in entering or exiting positions quickly. Additionally, Mongolian traders using international brokers must consider global market volatility, including central bank decisions and geopolitical events, which can cause rapid price swings.
Finally, differences in regulatory protection between local and international brokers mean that careful selection of a well regulated broker is essential for safeguarding investments. From my perspective, the peace of mind that comes with trading under a broker licensed by authorities like the FCA (UK) or ASIC (Australia) far outweighs the temptation of higher leverage or lower costs from unregulated entities. In unpredictable markets, regulation is not just a box to tick it is the foundation of long term survival as a trader.
From personal experience, trading with regulated brokers has been the safest choice. Brokers licensed by the FCA in the United Kingdom, ASIC in Australia, or CySEC in Cyprus provided clear rules, transparent pricing, and reliable withdrawal processes. I once tested an unregulated broker registered offshore, and it became nearly impossible to recover my funds when withdrawal requests were delayed. In contrast, with my FCA regulated broker, I knew I could escalate issues to the Financial Ombudsman Service. Recently, after several high profile broker shutdowns linked to money laundering in Asia, Mongolia’s Financial Regulatory Commission has stepped up cooperation with global regulators. This reminded me that regulation is not just paperwork it’s protection against fraud and mismanagement.
Platform stability is a constant issue when trading international markets from Mongolia, especially during late evening hours in Ulaanbaatar. The best experiences came from platforms that synced between desktop and mobile, allowing trades to be edited instantly without lag. Real time data, one click execution, and depth of market views reduced requotes, while English language menus and tutorials ensured smooth navigation during volatile sessions.
Having access to a wide variety of global instruments is crucial. Traders in Mongolia have benefited from trading US equities during earnings seasons, London listed ETFs for diversification, and Japanese stocks for exposure to Asia. With Kazakhstan’s Astana International Exchange growing and Uzbekistan preparing state asset offerings, more Central Asian related securities may soon be available through international brokers, creating even more opportunities for regional diversification.
A major challenge has been hidden costs in conversion and withdrawal. Brokers that offer multi currency wallets allow traders to minimize losses by converting only when needed. Many traders discovered that tight spreads on forex pairs were offset by high currency conversion fees. Bank of Mongolia’s strict foreign exchange rules also mean deposits and withdrawals need to be planned carefully, especially around public holidays when bank transfers slow down.
Around the clock customer service has proven to be a decisive factor. When traders faced margin queries during the US session, brokers with 24 hour live chat resolved issues quickly, while those relying only on email created delays and stress. Brokers with multilingual support and clear ticket systems provided peace of mind when international markets were moving rapidly.
Cybersecurity incidents in the region have highlighted the importance of encryption, two factor authentication, and segregated client accounts. Traders who ignored these safeguards often faced account access issues after credential theft. Selecting brokers with device binding, login history monitoring, and transparent security policies has been one of the best ways to protect funds and personal data. Earlier this year, after a phishing wave that targeted Asian trading accounts, I was relieved to be with a regulated broker that refunded unauthorized transactions quickly something an unregulated broker would never have done.
Educational tools made a tangible difference. Webinars that explained how US Federal Reserve interest rate decisions affect forex and commodity markets helped Mongolian traders prepare for volatility. Tutorials on bracket orders and margin management also improved trading outcomes. In addition, Mongolia’s growing focus on sustainable finance has expanded the availability of research on climate related investments, which is now integrated into some broker platforms.
Most traders in Mongolia find that English support is essential, especially for technical documents and research reports. Brokers that offer multi currency accounts in USD and EUR significantly reduce conversion costs when investing in European ETFs or US listed equities. This flexibility makes it easier to diversify across multiple global markets without excessive transaction charges.
When I compared Mongolia’s financial market with Kazakhstan and Uzbekistan, I noticed several unique aspects that stood out. Each market has its own regulatory approach, size, and opportunities, and my experience trading and researching them has given me a clearer view of where Mongolia fits in the region.
Mongolia: In my experience, Mongolia’s market is small but steadily improving. The Financial Regulatory Commission has introduced stricter rules for financial institutions and updated consumer credit oversight, which I found reassuring when choosing brokers. This has gradually built more trust among local investors like myself who also rely on international platforms.
Kazakhstan: When I explored Kazakhstan, I saw a more structured financial environment. The Astana International Financial Centre operates under a common law framework, something I found familiar and accessible as a global investor. I was impressed by the steady equity and debt volumes on AIX, which made it easier to participate without worrying about liquidity.
Uzbekistan: My research into Uzbekistan showed a market that is opening rapidly. The government has been preparing state assets for sale and launching reforms to bring in foreign capital. I noticed how this boosted activity on the Tashkent market, and I started following cross border listings more closely as new opportunities emerged.
Mongolia: Most of my exposure in Mongolia has been through mining and natural resources, which remain dominant. However, I also looked into renewable energy and agriculture both sectors still underutilized but full of long term potential. The launch of the mining products exchange helped me get better pricing data, though volatility is still a challenge that requires strict risk controls.
Kazakhstan: In Kazakhstan, I noticed strong opportunities in energy and mining, particularly uranium companies. Trading airline stocks on AIX also caught my attention, as they attracted more regional investors and provided better liquidity than I expected for Central Asia.
Uzbekistan: Uzbekistan stood out for its reforms that opened access to corporate bonds and stock offerings. I followed announcements of new listings and privatization deals, and I found them attractive to frontier market funds. Personally, I leaned toward brokers that offered global access to depositary receipts, since they gave me more flexibility.
From my experience, a solid trading platform must provide real time data, fast order routing, and easy navigation. I always test new platforms with a small balance during peak hours to check for hidden slippage or spread widening before committing larger funds. In Mongolia, internet speed and stability can vary depending on the provider, especially outside Ulaanbaatar, which makes lightweight, cloud based platforms more reliable than heavy software that consumes too much bandwidth.
Since I often trade when US or European markets open late at night in Ulaanbaatar, mobile trading apps have been essential. The apps I found most useful mirrored my desktop watchlists and supported advanced order types, not just basic buy and sell functions. Mobile trading became especially important last year when the tugrik lost significant value against the US dollar, and I needed to hedge quickly during evening sessions. Without fast mobile execution, the currency swings could have caused much bigger losses.
I rely heavily on charting tools, especially multiple time frames, alerts, and technical indicators. Heat maps and volume profiles became particularly useful to me during earnings seasons or major global news releases when quick decisions were required. For Mongolian traders, this is critical because our economy is so dependent on commodities. When coal shipments to China slowed due to border restrictions earlier this year, the ripple effects hit Mongolian equities and the tugrik almost immediately. Having proper charting tools helped me react quickly instead of relying only on delayed news reports.
Execution speed has always been a priority for me. I usually place test trades during volatile sessions, such as the US open, to see how well a broker handles pressure. Those tests have helped me avoid platforms that widen spreads too much in fast moving markets. In Mongolia, the issue is not only broker execution but also delays from local banking channels. The Bank of Mongolia’s strict foreign exchange rules sometimes slow international transfers, so I rely on brokers with faster internal execution to offset the external delays.
Security is something I never compromise on. I always enable two factor authentication, withdrawal allowlists, and device verification. I also review my login history frequently and rely on security alerts, which once helped me detect unusual activity before it became a problem. This is especially important in Mongolia because local banks and regulators have warned about rising cross border fraud targeting developing markets. After recent cyberattacks on financial institutions in Central Asia, I now only trust brokers that provide segregated client accounts and proof of regulatory oversight, since recovering funds from offshore entities is almost impossible under Mongolia’s legal framework.
Personally, I follow strict rules: setting stop loss orders, capping daily losses, and taking breaks after consecutive losing trades. These habits have protected me during periods of intense global volatility. In Mongolia, risk management is even more critical because the tugrik is prone to sharp swings when global commodity prices change or when China, our biggest trade partner, adjusts its import policies. I have learned that without stop losses, currency volatility alone can wipe out gains from international trades.
My portfolio is a mix of Mongolian holdings and international assets. Adding US ETFs, European equities, and forex pairs has helped reduce my exposure to Mongolia’s political and economic swings. For example, when Mongolia’s coal exports to China were disrupted in 2024 due to logistics bottlenecks, my holdings in US tech stocks and European ETFs balanced out the losses. This experience reinforced how vital global diversification is for Mongolian traders who otherwise face high concentration risks in mining and resource based sectors.
I make a point of attending webinars, studying tutorials, and reading broker market commentary. Following macroeconomic events improved my decision making, and Mongolia’s growing focus on sustainable finance has given me access to new research opportunities. Learning became especially important when international sanctions and restrictions in the region indirectly affected trade flows, putting pressure on the tugrik. Understanding these global dynamics helped me avoid panic and trade more strategically during volatile periods.
I always test strategies on demo accounts before going live. After that, I move to small real positions to confirm execution quality. This gradual approach saved me from bigger mistakes early in my trading journey. For Mongolian traders, demo accounts are also useful for testing how brokers handle deposits and withdrawals, since delays from local banks or currency conversion rules can impact live trading conditions. Practicing under these constraints helped me prepare better for real world trading challenges in Mongolia.
I’ve learned to stay away from platforms that promise unrealistic returns. I always verify licenses on regulator websites and stick with brokers that publish their security practices. This habit has protected me especially with cyber threats becoming more common and recent enforcement actions against unlicensed brokers in Asia exposing offshore scams. In Mongolia, scams often target traders with promises of “guaranteed profits” in forex or crypto, taking advantage of limited local awareness about global regulations. By sticking to regulated brokers, I’ve avoided losing money in these schemes and gained more stability in my trading results.
From my own trading journey, I’ve learned that choosing a regulated broker is not just about following rules it’s about protecting your money and gaining peace of mind. Whenever I used brokers licensed by authorities like the FCA, ASIC, or CySEC, I felt more confident knowing there were clear complaint channels and stricter security measures. In contrast, my experience with offshore, unregulated brokers often ended in frustration, delayed withdrawals, and unanswered support tickets. For Mongolian traders, this matters even more because of local challenges: the tugrik (MNT) has been volatile against the US dollar, foreign exchange controls often slow down international deposits and withdrawals, and the economy remains heavily dependent on mining exports, which makes market swings harder to manage. Recently, restrictions on USD transfers through Mongolian banks during periods of dollar shortage reminded me how important multi currency broker accounts are. At the same time, global sanctions and tightening AML rules in Asia have led to the shutdown of several unlicensed brokers, leaving many traders unable to recover their funds. That is why I now only trade through regulated brokers that can prove their license and publish their security practices. This approach has made my trading safer, more reliable, and ultimately more profitable in global markets despite Mongolia’s economic and currency pressures.
We have conducted extensive research and analysis on over multiple data points on Mongolia Brokers to present you with a comprehensive guide that can help you find the most suitable Mongolia Brokers. Below we shortlist what we think are the best mongolia brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Mongolia Brokers.
When trading in Mongolia you will need to chec what your options with your Mongolia trading broker are.
We list below the various regulated trading account types available to traders in Mongolia. If you are looking for a trading platform or broker in Mongolia that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Mongolia broker guide will explain the things you should check and be aware of before you invest.
You've probably noticed how Forex trading is really taking off in Mongolia, right? Over the past half-dozen years or so, the trading volume in Mongolia has been on a steady climb. It's like everyone in Mongolia is getting in on the action. But traders in Mongolia must understand the risks.
Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.
Modern software, more affordable mobile devices in Mongolia and higher internet uptake in Mongolia has increased competition for new trading clients among brokerages in Mongolia, which has opened Forex trading to a new audience.
There's this common myth floating around that diving into Forex trading in Mongolia is illegal, this is not the case, but Forex trading in Mongolia is risky. Forex trading in Mongolia is not a get rich quick scheme, you will be competing with people not just in Mongolia, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Mongolia that's not just reputable but also strictly regulated and allowed to offer services to traders in Mongolia.
Trading in Forex is allowed in Mongolia as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Mongolia and investing internationally. Mongolia Forex trading is not banned, their are many top-notch international online brokers available to traders in Mongolia offering regulated trading environments.
Once a traders profits reach a level where the income on the Forex trading can be taxed in Mongolia the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Mongolia. You've must file taxes in Mongolia even if the markets chewed you up and you spat out losses this year. Also in Mongolia you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Mongolia who knows the ins and outs of the tax labyrinth in Mongolia. In Mongolia, Islamic accounts are not restricted.
Here in Mongolia, the crypto scene is still pretty new, and cryptocurrency in Mongolia is getting more and more tangled up in the local financial regulatory rule in Mongolia. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Mongolia, they're not as rattled by interest rate shifts or the political drama in Mongolia that's always on the news. Crypto in Mongolia is a different beast altogether.
You know, with the surge of younger traders in Mongolia, who are not only tech-savvy but also starting to speculate with decent money in Mongolia, there's a noticeable shift happening in Mongolia towards the crypto market (which is highly volitle and high risk in Mongolia). Cryptocurrency traders in Mongolia contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.
In Mongolia commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Mongolia 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 Mongolia are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Mongolia here.
Mongolia brokers support Islamic accounts or swap-free accounts. Mongolia 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 Mongolia offer accounts that are suitable for Islamic traders. These Mongolia brokers complies with Sharia law.
Mongolia economy and population is growing. The middle class population in Mongolia is increasing which means a growing consumer base. Many business and financial opportunities exist in Mongolia. Mongolia has a young population educated in technology and the internet.
Mongolia 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 Mongolia 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. Mongolia Brokers offering high leverage trades in Mongolia 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 Mongolia brokers offer as a level of protection. you can learn more about further below on this guide.
Selecting a reliable and reputable online Mongolia 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 Mongolia more confidently.
Selecting the right online Mongolia trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
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 Mongolia 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.
When choosing a broker for mongolia trading, it's essential to compare the different options available to you. Our mongolia brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a mongolia broker that best suits your needs and preferences for mongolia. Our mongolia broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Mongolia Brokers (MN).
Compare mongolia brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a mongolia broker, it's crucial to compare several factors to choose the right one for your mongolia needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are mongolia brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more mongolia brokers that accept mongolia clients.
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IC Markets
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Roboforex
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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locality | IC Markets accept Mongolia clients | Roboforex accept Mongolia clients | XTB accept Mongolia clients | XM accept Mongolia clients | Pepperstone accept Mongolia clients | AvaTrade accept Mongolia clients | FP Markets accept Mongolia clients | easyMarkets accept Mongolia clients | SpreadEx accept Mongolia clients | FxPro accept Mongolia clients | Admiral Markets accept Mongolia clients |
Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | 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) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
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Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 80% 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. 74.12% 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. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets 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, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, 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, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | 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 | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Mongolia Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Mongolia brokers below.