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Best Forex Brokers in Iran

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.

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Neomarkets
trusted
Not available in
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  • 24/7 instant money withdrawal
  • Affiliate Program
Pros
  • NeoMarkets is praised for its user-friendly approach, making it accessible and straightforward for novice and experienced traders to navigate the platform.

  • NeoMarkets allows trading cryptocurrencies through CFDs at competitive costs, providing traders with exposure to this popular asset class.

  • NeoMarkets is regulated by the Financial Services Commission (FSC) in Mauritius, adding an element of oversight and security for its clients.

Cons
  • NeoMarkets has a limited selection of deposit and withdrawal methods, potentially inconveniencing clients who prefer a broader range of options.

  • To access the demo account, users must first complete the registration process, which might deter those who prefer exploring the platform before committing.

  • NeoMarkets’ website lacks readily available information about its various account types, potentially making it challenging for traders to select the most suitable option.

  • Withdrawal fee$0 (conditions apply)
  • Deposit fee$0
  • Max Leverage1:500
PU Prime
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 feeno withdrawal fee*
  • Deposit feeNo deposit fee*
  • Max Leverage1:1000
HYCM
Not available in
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3
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
trusted
Not available in
Country Flag
4
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
LiteFinance
Not available in
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  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Pros
  • 24-hour support

  • Supports MetaTrader 4 and MetaTrader 5 and their mobile and web versions

  • Variety of deposit/withdrawal methods

Cons
  • VPS is not free of charge

  • A limited selection of tradable instruments

  • Unavailable to US retail clients

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
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 Educational Resources

  • Limited Availability in Some Countries

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
NPBFX
Not available in
Country Flag
7
NPBFX
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Pros
  • Competitive Spreads and Leverage

  • Fast Order Execution

  • Flexible Trading Strategies

Cons
  • Lack of Major Regulatory Oversight

  • Limited Platform Options

  • Limited Educational Resources

  • Withdrawal feeN/A
  • Deposit feeNo
  • Max Leverage1:200
Instaforex
Not available in
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  • Specialized trading accounts
Pros
  • Wide Range of Trading Instruments

  • High Leverage Options

  • Low Minimum Deposit

Cons
  • Not Regulated by Top-Tier Authorities

  • Mixed User Reviews

  • High Spreads on Some Account Types

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
FIBO Group
Not available in
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  • Specialized trading accounts
Pros
  • Wide Range of Trading Instruments

  • Multiple Account Types

  • High-Quality Trading Platforms

Cons
  • Limited Educational Resources

  • Higher-than-Average Spreads

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
FXOpen
Not available in
Country Flag
10
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