Best Forex Brokers In Bangladesh
Forex trading is legal in Bangladesh and the country has a regulatory framework. But to get the best quality of service and access to more trading instruments, it may be better to trade with international brokers backed by globally reputable regulatory authorities. Check out our top 10 picks for Bangladeshi brokers.
Switch MarketsBonus100% Credit Bonus by Switch Markets
Automated Trading StrategiesMin deposit $50Max leverage 1:1000Regulated by VFSC, FSA (SV), ASIC +1Add to compare list4.3 / 5Start tradingPros, cons & fees
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.
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.
CMC Markets
Investor protectionBonusRefer a Friend Program by CMC MarketsBoth Long-Term and Short-Term Assets AvailableMin deposit $0Max leverage 1:30 Regulated by FCA, ASIC, BaFIN +4Add to compare list4.3 / 5Start tradingPros, cons & fees
Extensive Range of Tradable Assets: CMC Markets offers access to more than 12,000 financial instruments, including forex pairs, stocks, commodities, indices, cryptocurrencies, and ETFs.
Advanced Trading Platforms: Traders can access markets through the Next Generation web platform, mobile trading apps, and support for MetaTrader 4 & 5 and TradingView.
Strong Regulatory Oversight: CMC Markets is highly regulated globally by several top-tier financial authorities like the Monetary Authority of Singapore (MAS) and UK’s FCA.
24/5 Customer Support: CMC Markets offers 24/5 customer support instead of 24/7 support.
Leverage Restrictions in Some Regions: Due to regulations, allowed leverage is lower in certain jurisdictions such as the United Kingdom and Europe.
MetaTrader 5 is Not Available in All Regions: MetaTrader 5 is not available in all regions. The availability of the platform should be checked prior signing up.
Pros, cons & fees
500+ Tradable Assets: Access to more than 500 CFD instruments across forex, stocks, indices, commodities, cryptocurrencies, and ETFs.
Feature-Rich Proprietary Platform: Available on web, desktop, iOS, and Android, with 100+ technical indicators, customisable charts, and script-based strategies.
Flexible Margin Management: Traders can choose between Simple isolated margin and Advanced cross margin on the same account.
No Copy Trading: Traders cannot automatically copy or mirror the positions of other traders.
No Islamic (Swap-Free) Accounts: Swap-free account variants are not currently available.
Basic Educational Resources: The broker mainly offers short on-platform video tutorials rather than full courses, webinars, or extensive market research.
Pros, cons & fees
No minimum deposit
No inactivity fees
15000 tradable instruments
No MetaTrader Support
Limited availability
FxGiantsBonusUp to $4,000 Booster Bonus by FXGiantsBest For Auto TradingRegulated by FCAAdd to compare list4.3 / 5Start tradingPros, cons & fees
Strong Regulation: FXGiants is distinguished by its strong regulation under the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) in Australia. This regulatory oversight ensures that FXGiants adheres to strict financial standards and provides clients with high security and trust.
Diverse Range of Instruments: With FXGiants, traders gain access to a diverse range of instruments, including forex currency pairs, indices, stocks, energies, metals, bonds, commodities, cryptocurrencies, and shares.
Competitive Spreads: FXGiants offers competitive spreads, providing traders with favorable pricing conditions. These lower spreads can reduce trading costs, maximizing potential client profitability.
Doesn't Allow Hedging: Traders are not permitted to open opposing positions on the same instrument. While this restriction may not align with specific trading strategies that rely on hedging for risk management, alternative risk management approaches can be explored.
Limited Regional Availability: This restricted regional availability could be a drawback for traders who reside in those areas but wish to trade with FXGiants. Traders should ensure that their country of residence is eligible for opening an account with FXGiants before considering them as their preferred broker.
Inactivity Fees: FXGiants impose inactivity fees on dormant accounts. Traders who do not actively engage in trading may incur these fees, which could be a disadvantage for those who prefer a more passive trading approach. Traders need to be mindful of these fees and actively manage their accounts to avoid inactivity charges.
ACY.comBonusSpin & Win Promotion by ACYBest Multi Asset CFD BrokerMin deposit 50$Max leverage 1:500Regulated by ASIC, FSA (SV)Add to compare list4.2 / 5Start tradingPros, cons & fees
Multiregulated Broker: ACY operates under multiple regulatory jurisdictions, including ASIC, FSA (SV), Jordan Regulation, SVG, and FSCA.
Extensive Tradable Assets: ACY offers a vast selection of over 1,600 tradable products, allowing traders to diversify their portfolios.
Customer Support and Trader Education: ACY provides an extensive training portal, offering educational resources and support for traders at all levels of experience.
Commission-Based Trading Fees: The commission is only applicable to the ProZero account, which offers very low spreads. The commission is $3 per lot per round, with no additional trading fees during trading.
Slightly High Spreads on Standard Account: While ACY's standard account spreads are slightly higher than the industry average, the ProZero account offers lower spreads.
Pros, cons & fees
Ventorus offers multiple account types, allowing traders to choose an account that fits their specific needs and experience levels.
With a maximum leverage of up to 1: 400, traders can control larger positions with smaller amounts of capital, which can significantly amplify potential profits.
The broker provides low spreads, starting at an impressively low 0.03 pips, ensuring cost-effective trading conditions.
Ventorus is that it is not regulated by a tier-one financial regulator.
Additionally, the platform lacks educational materials, which can be a significant drawback for beginners who need guidance.
Ventorus does not support MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features.
Pros, cons & fees
Regulated Broker
Competitive Spreads
User-Friendly MT4 Platform
Limited Platform Options
Mixed Reviews on Customer Support
Withdrawal Delays
Pros, cons & fees
Wide Range of Instruments
Multiple Account Types
Competitive Spreads and Fees
Geographical Restrictions
No Copy Trading
Pros, cons & fees
Low Trading Fees: Offers low trading fees with spreads starting from 0.0 pips.
Tier-1 Regulated Broker: Regulated by ASIC, a tier-1 financial regulator.
Multichannel Support: Provides multiple channels for contacting support via phone, live chat, and email.
Only MT5 Available: The platform offering is limited to MT5. Traders seeking alternative platforms will need to trade with other brokers.
No Educational Resources: The absence of educational and research tools may limit the appeal to beginners seeking guidance.
No Proprietary Trading App: It does not offer a proprietary trading app, which could impact accessibility for mobile traders.
Our ranking methodology and selection process
Is forex trading legal in Bangladesh?
This needs a straight answerup front. Under Bangladesh Bank foreign exchange rules, retail forex trading by individuals is restricted, and sending money abroad to trade currencies isn’t officially permitted. Many Bangladeshis still trade with international brokers, which places the activity in a legal grey area. Before you begin, understand the local rules, accept that you won’t have Bangladeshi regulatory protection, and never risk money you can’t afford to lose.
How do Bangladeshi traders pick a broker?
With no local regulation to fall back on, the broker’s own international licence is your main safeguard. Favour brokers regulated by strong authorities like the FCA or ASIC over ones flashing offshore licences. Beyond that, check the minimum deposit, the trading costs, and whether the broker offers an Arabic or Bengali interface and support, which some do. A well-regulated broker with a low entry point fits most traders here.
Do traders in Bangladesh need a swap-free account?
Many do, since Bangladesh is a Muslim-majority country. A swap-free Islamic account removes the overnight interest that would otherwise make holding positions non-compliant with Shariah. If this applies to you, confirm the broker offers a genuine swap-free account on the instruments you trade and check how they handle longer holds, since some replace the swap with a flat fee.
How can I fund a trading account in Bangladesh?
Funding is the trickiest part, given the restrictions on sending money abroad. Traders often rely on e-wallets or intermediary services rather than direct bank transfers, and each of those carries its own cost and risk. Start with a small deposit, confirm you can withdraw it cleanly, and only then consider adding more.
What should beginners in Bangladesh keep in mind?
Start on a demo, keep your first live deposit tiny, and use a cent account so early mistakes cost very little. Be extremely wary of local agents or groups promising guaranteed returns, because those prey on new traders. Given the legal grey area and the lack of local recourse, caution here isn’t optional, it’s the whole game.