Forex trading is legal in Iraq and many brokers offer their services in the country. Iraq has a regulatory authority but depending on tier – 1 jurisdictions is generally a better choice. Customer support in Arabic and the option of swap-free Islamic accounts are some other things that many Iraqi traders would prefer. Check out our top 10 forex brokers for Iraqi traders in 2025.
Best Forex Brokers in Iraq for 2025
Rating
Any
Rating
Bonuses
Any
Bonuses
Regulated
Any
Regulated
Investor Protection
Any
Investor Protection
All filters
Clear
Order by
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
-
Competitive Spreads
-
Comprehensive Educational Resources
-
Robust Customer Support
Cons
-
Limited Deposit and Withdrawal Options
-
Occasional Platform Glitches
-
Limited Regulatory Oversight in Certain Regions
Withdraw fee
$0
Deposit fee
5
Max leverage
1:1000
Min deposit
$5
Top Regulators
No
Add to compare list
trusted
Not available in
1
Expand
-
Specialized trading accounts
-
Free VPS hosting
-
24/7 instant money withdrawal
Pros
-
Competitive Spreads
-
Comprehensive Educational Resources
-
Robust Customer Support
Cons
-
Limited Deposit and Withdrawal Options
-
Occasional Platform Glitches
-
Limited Regulatory Oversight in Certain Regions
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:1000
24/7 instant money withdrawal
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
Withdraw fee
$0
Deposit fee
4.7
Max leverage
1:3000
Min deposit
$1
Top Regulators
No
Add to compare list
Not available in
2
Expand
-
24/7 instant money withdrawal
-
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
-
Lack of Proper Regulation
-
Withdrawal Issues
-
Poor Customer Support
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:3000
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
-
Regulated by Top-tier Authorities
-
Low Spreads and Commissions
-
Popular Trading Platforms
Cons
-
Limited Asset Coverage
-
Platform Selection Limited
Withdraw fee
$0
Deposit fee
4.8
Max leverage
1:888
Min deposit
$5
Top Regulators
ASIC, FSC, CYSEC
Add to compare list
Not available in
3
Expand
-
Specialized trading accounts
-
Free VPS hosting
-
24/7 instant money withdrawal
Pros
-
Regulated by Top-tier Authorities
-
Low Spreads and Commissions
-
Popular Trading Platforms
Cons
-
Limited Asset Coverage
-
Platform Selection Limited
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:888
24/7 instant money withdrawal
Pros
-
Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker’s platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.
-
Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker’s versatility. Depending on the traders’ nationality, anyone can enjoy full access to the trading platform in their preferred language.
-
Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform’s functionality and create an enjoyable trading experience.
Cons
-
Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC’s customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.
Withdraw fee
No
Deposit fee
4.8
Max leverage
1:400
Min deposit
20$
Top Regulators
FCA
Add to compare list
Not available in
4
Expand
-
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.
- Withdraw feeNo
- Deposit feeNo
- Max Leverage1:400
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
Withdraw fee
$0
Deposit fee
4.4
Max leverage
1:1000
Min deposit
$10
Top Regulators
FSRA
Add to compare list
trusted
Not available in
5
Expand
-
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
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:1000
24/7 instant money withdrawal
Free VPS hosting
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
Withdraw fee
N/A
Deposit fee
4.5
Max leverage
N/A
Min deposit
N/A
Top Regulators
ASIC
Add to compare list
Not available in
Expand
-
24/7 instant money withdrawal
-
Free VPS hosting
-
Specialized trading accounts
Pros
-
No obligation demo accounts with US$50,000 of virtual funds to practice with
-
24/5 Customer support available
-
Multilingual support in 14 languages
Cons
-
Limited trading platform options
-
Limited trading instruments
-
Only forex and CFD trading
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Free VPS hosting
Specialized trading accounts
Pros
-
Excellent customer support with 24/7 availability
-
Competitive spreads and fast execution speeds
-
Comprehensive educational resources including webinars and video tutorials
Cons
-
Limited range of tradable assets compared to some competitors
-
Higher minimum deposit for certain account types
-
No proprietary mobile app (relies on MT4/cTrader mobile)
Withdraw fee
$0
Deposit fee
4.6
Max leverage
1:500
Min deposit
$50
Top Regulators
ASIC, CYSEC
Add to compare list
Not available in
Expand
-
Free VPS hosting
-
Specialized trading accounts
Pros
-
Excellent customer support with 24/7 availability
-
Competitive spreads and fast execution speeds
-
Comprehensive educational resources including webinars and video tutorials
Cons
-
Limited range of tradable assets compared to some competitors
-
Higher minimum deposit for certain account types
-
No proprietary mobile app (relies on MT4/cTrader mobile)
- Withdraw fee$0
- Deposit fee$0
- Max Leverage1:500
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
Withdraw fee
N/A
Deposit fee
4.8
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC
Add to compare list
Not available in
Expand
-
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
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
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
Withdraw fee
N/A
Deposit fee
4.8
Max leverage
N/A
Min deposit
N/A
Top Regulators
FSA
Add to compare list
Not available in
9
Expand
-
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
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A
Specialized trading accounts
24/7 instant money withdrawal
Pros
-
Strong Regulatory Oversight
-
Several Trading Platforms Offered
-
Several Account Options
Cons
-
Variable Spreads on Starter Account
-
High Minimum Deposits for Premium and Ultimate Accounts
-
Some Users Reported Withdrawal Issues
Withdraw fee
N/A
Deposit fee
4.2
Max leverage
N/A
Min deposit
N/A
Top Regulators
CYSEC
Add to compare list
Not available in
10
Expand
-
Specialized trading accounts
-
24/7 instant money withdrawal
Pros
-
Strong Regulatory Oversight
-
Several Trading Platforms Offered
-
Several Account Options
Cons
-
Variable Spreads on Starter Account
-
High Minimum Deposits for Premium and Ultimate Accounts
-
Some Users Reported Withdrawal Issues
- Withdraw feeN/A
- Deposit feeN/A
- Max LeverageN/A