The sanctions on Iran have resulted in many brokers not offering their services in the country. Some international brokers are still available to Iranian traders. We have carefully vetted those brokers based on factors like regulations, fees, available trading options, trading platforms, and much more. Check out our top picks for Iran.
Best Forex Brokers in Iran
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24/7 instant money withdrawal
Pros
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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.
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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.
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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
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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.
Withdraw fee
No
Deposit fee
4.8
Max leverage
1:400
Min deposit
20$
Top Regulators
FCA
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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.
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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
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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.
- Withdraw feeNo
- Deposit feeNo
- Max Leverage1:400
Free VPS hosting
Specialized trading accounts
24/7 instant money withdrawal
Pros
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Regulated by multiple authorities
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Offers a wide range of assets, including cryptocurrencies, stocks, indexes, metals and oil
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Multiple trading platforms are available, including MetaTrader 4, MetaTrader 5 and MetaTrader 5 web
Cons
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Limited educational resources for beginners
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Limited research tools
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Limited customer support options compared to some other brokers
Withdraw fee
$0
Deposit fee
4.4
Max leverage
1:1000
Min deposit
$10
Top Regulators
FSRA
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trusted
Not available in
2
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Free VPS hosting
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Specialized trading accounts
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24/7 instant money withdrawal
Pros
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Regulated by multiple authorities
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Offers a wide range of assets, including cryptocurrencies, stocks, indexes, metals and oil
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Multiple trading platforms are available, including MetaTrader 4, MetaTrader 5 and MetaTrader 5 web
Cons
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Limited educational resources for beginners
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Limited research tools
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Limited customer support options compared to some other brokers
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:1000
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
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24-hour support
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Supports MetaTrader 4 and MetaTrader 5 and their mobile and web versions
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Variety of deposit/withdrawal methods
Cons
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VPS is not free of charge
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A limited selection of tradable instruments
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Unavailable to US retail clients
Withdraw fee
N/A
Deposit fee
4.8
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC
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Specialized trading accounts
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Free VPS hosting
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24/7 instant money withdrawal
Pros
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24-hour support
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Supports MetaTrader 4 and MetaTrader 5 and their mobile and web versions
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Variety of deposit/withdrawal methods
Cons
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VPS is not free of charge
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A limited selection of tradable instruments
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Unavailable to US retail clients
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
Free VPS hosting
Pros
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High Leverage Options
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Wide Range of Tradable Assets
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Many Accounts to Choose From
Cons
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Offshore Regulation
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Limited Educational Resources
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Limited Availability in Some Countries
Withdraw fee
N/A
Deposit fee
4.8
Max leverage
N/A
Min deposit
N/A
Top Regulators
FSA
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Not available in
4
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Specialized trading accounts
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Free VPS hosting
Pros
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High Leverage Options
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Wide Range of Tradable Assets
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Many Accounts to Choose From
Cons
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Offshore Regulation
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Limited Educational Resources
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Limited Availability in Some Countries
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Pros
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Competitive Spreads and Leverage
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Fast Order Execution
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Flexible Trading Strategies
Cons
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Lack of Major Regulatory Oversight
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Limited Platform Options
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Limited Educational Resources
Withdraw fee
N/A
Deposit fee
4.5
Max leverage
1:200
Min deposit
10$
Top Regulators
No
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Pros
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Competitive Spreads and Leverage
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Fast Order Execution
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Flexible Trading Strategies
Cons
-
Lack of Major Regulatory Oversight
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Limited Platform Options
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Limited Educational Resources
- Withdraw feeN/A
- Deposit feeNo
- Max Leverage1:200
Specialized trading accounts
Pros
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Wide Range of Trading Instruments
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High Leverage Options
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Low Minimum Deposit
Cons
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Not Regulated by Top-Tier Authorities
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Mixed User Reviews
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High Spreads on Some Account Types
Withdraw fee
N/A
Deposit fee
4.4
Max leverage
N/A
Min deposit
N/A
Top Regulators
No
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Not available in
Expand
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Specialized trading accounts
Pros
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Wide Range of Trading Instruments
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High Leverage Options
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Low Minimum Deposit
Cons
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Not Regulated by Top-Tier Authorities
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Mixed User Reviews
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High Spreads on Some Account Types
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
Pros
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Wide Range of Trading Instruments
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Multiple Account Types
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High-Quality Trading Platforms
Cons
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Limited Educational Resources
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Higher-than-Average Spreads
Withdraw fee
N/A
Deposit fee
4.6
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC, FSC
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Not available in
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Specialized trading accounts
Pros
-
Wide Range of Trading Instruments
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Multiple Account Types
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High-Quality Trading Platforms
Cons
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Limited Educational Resources
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Higher-than-Average Spreads
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Free VPS hosting
24/7 instant money withdrawal
Specialized trading accounts
Pros
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Low-Cost Trading
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Advanced Platforms
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Regulated by Top-Tier Authorities
Cons
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Limited Educational Resources
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No 24/7 Customer Support
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Unavailable to US Users
Withdraw fee
N/A
Deposit fee
4.6
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC, FCA
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Not available in
8
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Free VPS hosting
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24/7 instant money withdrawal
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Specialized trading accounts
Pros
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Low-Cost Trading
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Advanced Platforms
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Regulated by Top-Tier Authorities
Cons
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Limited Educational Resources
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No 24/7 Customer Support
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Unavailable to US Users
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
24/7 instant money withdrawal
Pros
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NeoMarkets is praised for its user-friendly approach, making it accessible and straightforward for novice and experienced traders to navigate the platform.
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NeoMarkets allows trading cryptocurrencies through CFDs at competitive costs, providing traders with exposure to this popular asset class.
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NeoMarkets is regulated by the Financial Services Commission (FSC) in Mauritius, adding an element of oversight and security for its clients.
Cons
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NeoMarkets has a limited selection of deposit and withdrawal methods, potentially inconveniencing clients who prefer a broader range of options.
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To access the demo account, users must first complete the registration process, which might deter those who prefer exploring the platform before committing.
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NeoMarkets’ website lacks readily available information about its various account types, potentially making it challenging for traders to select the most suitable option.
Withdraw fee
N/A
Deposit fee
4.5
Max leverage
1:500
Min deposit
20 USD
Top Regulators
FIU
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Not available in
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24/7 instant money withdrawal
Pros
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NeoMarkets is praised for its user-friendly approach, making it accessible and straightforward for novice and experienced traders to navigate the platform.
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NeoMarkets allows trading cryptocurrencies through CFDs at competitive costs, providing traders with exposure to this popular asset class.
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NeoMarkets is regulated by the Financial Services Commission (FSC) in Mauritius, adding an element of oversight and security for its clients.
Cons
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NeoMarkets has a limited selection of deposit and withdrawal methods, potentially inconveniencing clients who prefer a broader range of options.
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To access the demo account, users must first complete the registration process, which might deter those who prefer exploring the platform before committing.
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NeoMarkets’ website lacks readily available information about its various account types, potentially making it challenging for traders to select the most suitable option.
- Withdraw feeN/A
- Deposit feeN/A
- Max Leverage1:500
Proprietary Trading Platform
Advanced Analytical Tools
Pros
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Ventorus offers multiple account types, allowing traders to choose an account that fits their specific needs and experience levels.
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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.
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The broker provides low spreads, starting at an impressively low 0.03 pips, ensuring cost-effective trading conditions.
Cons
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Ventorus is that it is not regulated by a tier-one financial regulator.
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Additionally, the platform lacks educational materials, which can be a significant drawback for beginners who need guidance.
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Ventorus does not support MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features.
Withdraw fee
3.5% or 30 USD
Deposit fee
3.8
Max leverage
1:400
Min deposit
$250
Top Regulators
No
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Available in
10
Expand
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Proprietary Trading Platform
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Advanced Analytical Tools
Pros
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Ventorus offers multiple account types, allowing traders to choose an account that fits their specific needs and experience levels.
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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.
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The broker provides low spreads, starting at an impressively low 0.03 pips, ensuring cost-effective trading conditions.
Cons
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Ventorus is that it is not regulated by a tier-one financial regulator.
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Additionally, the platform lacks educational materials, which can be a significant drawback for beginners who need guidance.
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Ventorus does not support MetaTrader 4 and MetaTrader 5 platforms, which are popular among traders for their advanced features.
- Withdraw fee3.5% or 30 USD
- Deposit feeNo
- Max Leverage1:400