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Home » Forex Brokers » By Country » Kuwait

Best Forex Brokers in Kuwait

Forex trading is both legal and regulated in Kuwait. However, Kuwaiti traders may benefit more with international brokers given more trading options and advanced features. We have carefully created a list of 10 brokers after comparing their regulations, leverage, fees, customer support, risk mitigation features, and more.

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Exness
trusted
Not available in
Country Flag
1
Exness
52 customer reviews
Rating
4.9
/ 5
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  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
Pros

  • Competitive Trading Conditions

  • Wide Range of Tradable Instruments

  • Advanced Trading Platforms

Cons

  • Limited Regulatory Oversight for Some Entities

  • Limited Educational Resources for Beginners

  • Mixed User Reviews

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:2000
Start trading
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RoboForex
trusted
Not available in
Country Flag
2
RoboForex
102 customer reviews
Rating
4.9
/ 5
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  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
Pros

  • Extensive Range of Tradable Instruments

  • Competitive Trading Conditions & Accounts

  • Versatile Trading Platforms

Cons

  • Regulated by an Offshore Regulator

  • Limited Demo Account

  • Withdrawal fee1%
  • Deposit fee$0
  • Max Leverage1:2000
Start trading
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XM
trusted
Not available in
Country Flag
3
XM
35 customer reviews
Rating
4.7
/ 5
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  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Pros

  • Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).  

  • Variety of Bonuses: The broker offers an extensive range of bonuses including welcome, no-deposit, and seasonal offers that can boost capital and allow profit withdrawal.

  • Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions. 

Cons

  • Not Available in the US: XM does not accept clients from the US. For traders based in restricted regions, it is best to look for other options. 

  • Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location. 

  • Inactivity Fees: XM charges a dormant fee when your account stays dormant for consecutive 90 days. You are charged an inactivity fee of $10 per month.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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FxGlory
trusted
Not available in
Country Flag
4
FxGlory
10 customer reviews
Rating
4.8
/ 5
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  • 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

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:3000
Start trading
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VT Markets
trusted
Not available in
Country Flag
5
VT Markets
0 customer reviews
Rating
4.7
/ 5
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  • Specialized trading accounts
Pros

  • Trading Accounts for Different Types of Traders: VT Markets offers STP, ECN, Cent, and Swap Free trading accounts. The company also offers a demo account for 90 days. 

  • Multi Regulated Brokerage: VT Markets has multiple reputable regulations from South Africa, Dubai, and Mauritius. 

  • Investor Protection and Trader Insurance: The company is a part of The Financial Commission and Compensation Fund and has Lloyd’s Insurance with coverage of over €20,000 and $1M respectively for client funds.

Cons

  • No Crypto CFDs Available: VT Markets does not offer crypto CFD assets. 

  • No Phone Support: VT Markets does not offer phone support.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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FxPro
trusted
Not available in
Country Flag
6
FxPro
206 customer reviews
Rating
4.7
/ 5
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  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
Pros

  • Regulated by Multiple Tier-1 Authorities

  • Competitive Trading Conditions

  • Wide Range of Trading Platforms

Cons

  • Higher Commissions on Certain Platforms

  • Limited Educational Resources Compared to Other Brokers

  • Not Available Worldwide

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:10000
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Alpari
trusted
Not available in
Country Flag
7
Alpari
12 customer reviews
Rating
4.7
/ 5
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  • 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

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
Start trading
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IC Markets
trusted
Not available in
Country Flag
8
IC Markets
18 customer reviews
Rating
4.6
/ 5
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  • Specialized trading accounts
  • Tight Spreads
  • Low commissions
Pros

  • Provides trading aids and resources such as risk depth, spread monitoring, and risk calculator.

  • Offers low average spreads and competitive pricing for all account types.

  • Provides plugins for third-party research and trading tools.

Cons

  • Limited product offerings.

  • No investor protection for traders outside the European Union.

  • No weekend trading, extra bonuses or promos.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:500
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PU Prime
trusted
Not available in
Country Flag
9
PU Prime
10 customer reviews
Rating
4.6
/ 5
Expand
  • 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
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Forex.com
trusted
Not available in
Country Flag
10
Forex.com
20 customer reviews
Rating
4.6
/ 5
Expand
  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros

  • Top-Tier Regulation

  • Low Forex Fees

  • No Withdrawal Fees

Cons

  • High Stock CFD Fees

  • Limited Product Portfolio

  • User Interface Could Be More Intuitive

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:50
Start trading
74-76% of retail investor accounts lose money when trading CFDs with this provider.
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Our ranking methodology and selection process