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Best Crypto Brokers in Iran

Iran is one of the top crypto-owning nations, with the Iranian government’s steadfast commitment to preventing fraud and creating a more secure environment for owning and trading digital assets. We evaluated 100+ brokers based on factors like leverage, fees, available trading assets, customer support, and trading platforms to help you choose the best. Here are our top 10 crypto brokers for Iranian traders.

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PU Prime
trusted
Not available in
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  • 24/7 Multilingual Customer Service
  • Proprietary Copy Trading App
Pros
  • Wide Range of Account Types: PU Prime provides a variety of account types designed to suit different trading styles and experience levels, from beginners to advanced traders.

  • Great Leverage: Control larger positions using minimal capital, thanks to leverage of up to 1:1000. This allows you to maximize opportunities in the market but remember, while higher leverage can enhance potential gains, it also increases risk. 

  • 24/7 Multi Channel Support: Round-the-clock assistance is provided by PU Prime through multiple channels, including live chat, email, and phone support. Services are offered in 18 languages, ensuring accessibility for a diverse range of traders.

Cons
  • Slightly Higher Spreads: For no-commission accounts, spreads starting at 1.3 pips are slightly higher than the industry average.

  • High Minimum Deposit: High minimum deposit for the low-spread and commission-based accounts

  • No EU Regulations: Despite being regulated by 4 authorities, including top-tier ASIC, the broker does not offer dedicated EU regulation for European clients.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
HYCM
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2
HYCM
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  • 24/7 instant money withdrawal
Pros
  • Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.

  • Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.

  • Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.

Cons
  • Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.

  • Withdrawal feeNo
  • Deposit feeNo
  • Max Leverage1:400
NordFX
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Not available in
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3
NordFX
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  • Free VPS hosting
  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Regulated by multiple authorities

  • Offers a wide range of assets, including cryptocurrencies, stocks, indexes, metals and oil

  • Multiple trading platforms are available, including MetaTrader 4, MetaTrader 5 and MetaTrader 5 web

Cons
  • Limited educational resources for beginners

  • Limited research tools

  • Limited customer support options compared to some other brokers

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
AMarkets
Not available in
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  • Specialized trading accounts
  • Free VPS hosting
Pros
  • High Leverage Options

  • Wide Range of Tradable Assets

  • Many Accounts to Choose From

Cons
  • Offshore Regulation

  • Limited Availability in Some Countries

  • Mixed User Reviews

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max Leverage1:3000
FXOpen
Not available in
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5
FXOpen
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  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
Pros
  • Low-Cost Trading

  • Advanced Platforms

  • Regulated by Top-Tier Authorities

Cons
  • Limited Educational Resources

  • No 24/7 Customer Support

  • Unavailable to US Users

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
Mirrox Broker
Available in
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  • Specialized trading accounts
  • Affiliate Program
Pros
  • One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.

  • Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.

  • The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.

Cons
  • Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.

  • The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.

  • Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.

  • Withdrawal fee3.5%
  • Deposit fee$0
  • Max Leverage1:400
Tradequo
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Not available in
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  • 24/7 Customer Support
  • Very High Leverage
Pros
  • Multiple Regulations: Multi-regulated broker with licenses from Seychelles (FSA), South Africa (FSCA), Dominica (FSU), and UAE (SCA). 

  • Extremely High Leverage and Low Trading Costs: You can trade with up to 1:1000, 1:2000, and even “limitless” on special accounts with negative balance protection available. Tradequo offers spreads as low as zero pips on some major pairs (depending on the account type).

  • Extensive Range of Tradable Assets: The broker gives you access to 350+ tradable instruments over forex, stocks, indices, commodities, and cryptocurrencies.

Cons
  • Not Available in Certain Jurisdictions: The company does not accept clients from US, EU, UK, and Canada among others due to regulatory restrictions.

  • No Call Support: Tradequo does not offer call support at the time of writing this review. 

  • Islamic Account Option Only Available on Request: Islamic accounts are available but not as a standard account type. They are only available upon request.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max LeverageUnlimited
Switch Markets
trusted
Not available in
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  • Free VPS hosting
  • 24/7 Customer Support
Pros
  • Wide Range of Tradable CFDs: Switch Markets offers over 1,000 tradable assets across six markets like forex, commodities, shares, ETFs, cryptos, and indices. 

  • Advanced Free Trading Tools: Switch Markets provides clients with a variety of free trading tools, including a VPS, PineConnector, AlgoBuilder (an AI trading tool that enables traders to automate their trading without coding skills), and TrackATrader to enhance their trading experience.

  • Islamic Swap-Free Trading Account is Available: Switch Markets offers an Islamic (swap-free) account, enabling traders to hold positions overnight without paying swap fees.

Cons
  • No Rebate Program: Switch Markets does not offer a rebate program for active traders who trade high volumes, but by becoming a VIP, there is an option for lower commissions.

  • No Phone Support: Phone support is not available 24/7, but there is an option to book a callback.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
TradeEU Global
trusted
Not available in
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  • 24/5 Customer Support
  • Specialized trading accounts
Pros
  • Extensive Range of Tradable Assets: The broker offers an extensive range of CFDs with more than 350+ instruments spread between forex, crypto, commodities, metals, indices, and stocks. 

  • MT4 and MT5 Trading Platforms: Access to industry leading MetaTrader 4 and MetaTrader 5 trading platforms. 

  • Floating Spreads and Low Trading Fees: TradeEU Global offers low spreads and discounted swap fees (on Gold and Silver Account tiers). You are not charged inactivity fees unlike other brokers usually charge.

Cons
  • Offshore Regulations: TradeEU Global has an offshore FSC Mauritius regulation. The broker does not have any tier-1 regulators, thus lacks advanced security features you usually see with ASIC and FCA regulated brokers.

  • Slightly High Initial Deposit: You can start trading after submitting an initial deposit of $250, which is slightly higher than many other brokers.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:200
Savexa
Available in
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10
Savexa
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  • 24/7 Customer Support
  • Multilingual Support
Pros
  • Extensive range of tradable instruments: With over 160 CFD instruments available, including stocks, forex, indices, commodities, metals, and cryptocurrencies, traders have ample options to diversify their investment portfolio.

  • Commission-free trading: There are no commissions on standard trades as the broker earns from spreads, which are also very competitive (starting ~0.9 pips). This transparent fee model means lower and straightforward costs for traders.

  • 24/7 Multilingual Customer Support: Customer support is accessible 24/7 in four languages to help traders access support in their preferred language.

Cons
  • Offshore Regulation: Savexa is regulated in Mwali (Comoros) instead of a tier-1 regulatory jurisdiction. The broker is offshore regulated which means the investors do not get the tier-1 investor protection features.

  • Lack of MetaTrader Platforms: Savexa does not offer the popular MetaTrader 4 or 5. Many seasoned brokers prefer using MetaTrader for their trades instead of WebTrader. 

  • Limited Advanced Strategies: The broker does not allow advanced strategies like scalping and arbitrage trading. Lack of MetaTrader further means copy trading and auto trading are absent as well. 

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max Leverage1:400