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BEST FOREX BROKERS IN BANGLADESH

This ranking evaluates the best forex brokers, focusing on basic parameters like security, platform design, costs, and client care. Special attention was paid to spreads, currency pair availability, and order execution quality. Forex has become highly popular in Bangladesh, with traders often exploring global currency markets alongside the local taka. The brokers included here provide a balance of transparency, strong tools, and trustworthy regulation.

2025-10-08

A good choice

Ranking Methodology

To compile the ranking, we rely on a professional criterion that follows these steps:

We test the platforms based on several basic parameters (see list).
We test the platforms based on ranking-specific parameters.
We ensure the results are accurate (consistency and absence of outliers).
We verify on social media and forums that our parameters are socially sound and that no relevant negative reviews exist.
We present and publish the ranking.

Basic Testing Parameters for Apps Included in the Ranking

They allow accounts to be opened by local clients; meaning we exclude platforms not available in certain countries.
Regulatory compliance and security.
Transparency, reputation, and data protection.
Total costs (commissions, spreads, non-trading fees, deposits/withdrawals).
User experience (UX/UI), stability, and performance (uptime, latency).
Platform and tools (charts, alerts, backtesting, mobile, desktop, API).
Execution and liquidity (order quality, slippage, depth).
Customer support (languages, coverage, response times).
Education and resources (guides, research, demos, simulators).

Specific Parameters for the Forex Ranking

Spreads and commissions applied to major currency pairs (EUR/ZAR, USD/ZAR, ZAR/JPY, etc.).
Liquidity depth and execution quality in highly volatile markets.
Maximum leverage available and flexibility in levels offered.
Variety of currency pairs available (majors, minors, exotics).
Support for algorithmic trading and compatibility with leading platforms (MetaTrader, cTrader, etc.).
Execution speed and low latency, especially for scalping and high-frequency trading.
Availability of demo accounts and Forex strategy simulators.
Risk management tools: guaranteed stop loss, margin calls, negative balance protection.
Access to currency research, economic calendars, and macroeconomic analysis.

Our ranking

TOP PICKS

Ranking

# 1

FxPro

FxPro tops this ranking for Forex Trading, recognized for its deep liquidity, award-winning infrastructure, and proven global trustworthiness. Established in 2006, the broker has opened over 11 million client accounts and operates under robust multi-jurisdictional regulation, including the FCA (UK), CySEC (EU), and FSCA (South Africa). FxPro provides access to over 70 currency pairs—including majors, minors, and exotics—through its institutional-grade ecosystem, making it a definitive hub for sophisticated FX execution.The platform is engineered for superior speed and pricing transparency. FxPro operates a strict No Dealing Desk (NDD) execution model, routing orders to Tier-1 liquidity providers with an average execution speed consistently below 11 milliseconds. This performance is maintained through its servers co-located at the Equinix LD4 London data centre, minimizing latency. Pricing is exceptionally competitive, with spreads starting from 0.0 pips on major pairs through its commission-based Raw+ Spread accounts.

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# 2

XM is a global broker with over 10 million users, regulated in Australia, Cyprus, Belize, and the UAE, with an active presence in more than 190 countries. It offers more than 1,000 instruments including forex, stocks, indices, commodities, and crypto CFDs. Its low initial deposit, robust educational platform, and compatibility with MT4/MT5 make it ideal for beginner traders as well as more advanced operators.

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# 3

AvaTrade

AvaTrade is a global broker with a presence since 2006 and is regulated in multiple jurisdictions including Ireland, Australia, and Japan. It offers a wide variety of platforms — including MT4, MT5, AvaTradeGO, and AvaSocial — to trade forex, stocks, crypto, and more. Its offering combines advanced technology, regulatory security, and social trading tools. Ideal for both beginners and experienced traders.

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Not sure?

How to open an FX Trading Account

After choosing a broker, here’s how you can open your FX trading account in Bangladesh:

Go to the broker’s official website: Click on “Open live account” or “Get started”.
Provide your details: Enter name, email, phone, and country of residence. You’ll need a National ID or passport, plus a proof of address such as a DESCO (Dhaka Electric Supply Company) electricity bill or a bank statement dated within the last 3 months.
Approval process: Some brokers approve instantly, others may take a few days depending on compliance requirements.
Set your preferences: Once verified, configure your trading account settings.
Fund your account: Deposit via card, bank transfer, or wallet.

And you’re ready to trade.