Best Forex Brokers in Afghanistan 2021
Largely dependent on agriculture and foreign aid, the financial condition of Afghanistan is not very favorable. Failing to thrive economically, the people of Afghanistan tried to find a new way to earn money and the way is forex trading. Forex broker in Afghanistan showed a radical way to earn money to Afghan people. As a result, forex trading in Afghanistan is gradually becoming popular. People are getting hope of becoming rich by trading in forex. Forex broker in Afghanistan is trying their best to engage Afghan people in forex trading.
Forex trading in Afghanistan has actually been an alternative way to earn money. Many forex broker in Afghanistan are offering higher leverage which enabling traders to begin trading with a very small amount of money. As a result, despite having financial crisis, the people of Afghanistan can start trading. This opened up a new era for a financially insolvent country like Afghanistan.
Best Forex Brokers in Afghanistan List:
|Visit Broker||Rank||Broker Reviews||Location||Minimum Deposit Amount||Deposit Bonus||Payment System||Rating||Create an Account|
|3||Sydney, Australia.||$200||No Bonus||9.98||Real Account Demo Account|
|1||Sydney, Australia.||$100||No Bonus||10.00||Real Account Demo Account|
|2||New Providence, Bahamas.||$100||No Bonus||9.99||Real Account Demo Account|
|6||Sydney, Australia.||$10||No Bonus||9.95||Real Account Demo Account|
|4||Limassol, Cyprus||$5||Up to $5000||9.97||Real Account Demo Account|
|5||Beachmont, Kingstown.||$100||100%||9.96||Real Account Demo Account|
|7||London, UK.||$200||No Bonus||9.94||Real Account Demo Account|
|10||Belize, C.A.||$1.00||100%||9.93||Real Account Demo Account|
|9||US||$0||No Bonus||9.93||Real Account Demo Account|
|8||St. Vincent||$1||No Bonus||9.93||Real Account Demo Account|
|Rank||Broker Reviews||Location||Minimum Deposit Amount||Deposit Bonus||Rating|
Forex trading in Afghanistan was initially started in 2005. Though forex trading in Afghanistan is a new enterprise, it soon became one of the leading professions of Afghanistan. But as forex in Afghanistan is new to the Afghan people, it has also generated huge losses to the Afghan forex traders. So, it is very important that the traders choose the forex broker in Afghanistan wisely. The traders also need to keep in mind the following aspects when they want to select a forex broker in Afghanistan.
- Regulated: All brokers are not genuine, some are frauds. To avoid fraud brokers, a trader must find a licensed and regulated broker. An Afghan trader should find regulated forex brokers in Afghanistan. If he chooses a local broker, it should be regulated by DAB (Da Afghanistan Bank). In case of international brokers, some of the major regulators in the forex market are CySEC, ASIC, FCA, IFSC, BaFin, DFSA, SCB etc.
- Assets: A trader should look for a broker that offers maximum assets to trade, from commodities like silver, gold to cryptocurrencies, CFDs, stocks, indices etc. An Afghan trader has to find a broker that offers currency pairs with AFN (Afghan Afghani).
- Higher Leverage: A trader should make sure that the broker offers higher leverage ratios so that he can trade with small amount.
- Ease of Access: Best forex brokers Afghanistan must provide multiple trading platforms like desktop, android, web apps etc to create an effortless trading experience.
- Customer Service: Effective and dedicated customer service makes it easier for the trader to understand everything about trading. So, a trader should seek a broker that offers best customer service.
Considering all the above criteria, this article tries to find some of the best forex brokers in Afghanistan. Some are local brokers of Afghanistan and some are international brokers that accept Afghan traders. The best Afghanistan forex brokers list is given below:
- FP Market: It is another global broker that accepts Afghan traders. It has made a recognition in the forex market by providing large number of assets, excellent customer service, easy operating system and other related facilities.
- FXPro: Since 2006 FXPro is successfully fulfilling the needs of forex traders. So Afghan traders can undoubtedly choose this broker.
- AxiTrader: AxiTrader is a global broker. It operates from Australia and regulated by ASIC. It accepts Afghan traders so it can be a great choice for the Afghan people. It accommodates various kinds of traders, from beginners to advance level. It offers a comfortable trading condition for the traders where they can thrive in an unrestricted way.
These are some of the most popular and trustworthy Forex brokers list in Afghanistan. Besides these, there are numerous brokers available in the market for the traders. An Afghan trader should keep in mind the criteria mentioned above and has to choose wisely. If the traders learn to trade without being the victim of fraud brokers and select regulated forex brokers in Afghanistan, then the finance of Afghanistan will definitely improve.
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