Exness
Alfa-Forex
Libertex
IC Markets
AXITraderMali is a developing West African nation that currently does not have a regulatory framework laid out for retail trading activities. Therefore, traders rely on internationally regulated brokers who accept clients from Mali. We compared brokers in areas like leverage, commissions, regulations, trading platforms, etc., to create a list of best forex brokers in Mali. The following are our top picks.
Best Forex Brokers in Mali
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Free VPS hosting
24/7 instant money withdrawal
Specialized trading accounts
Pros
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Extensive Range of Tradable Instruments
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Competitive Trading Conditions & Accounts
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Versatile Trading Platforms
Cons
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Regulated by an Offshore Regulator
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Limited Demo Account
Withdrawal fee
1%
Deposit fee
4.9
Max leverage
1:2000
Min deposit
$10
Top Regulators
No
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Free VPS hosting
-
24/7 instant money withdrawal
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Specialized trading accounts
Pros
-
Extensive Range of Tradable Instruments
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Competitive Trading Conditions & Accounts
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Versatile Trading Platforms
Cons
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Regulated by an Offshore Regulator
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Limited Demo Account
- Withdrawal fee1%
- Deposit fee$0
- Max Leverage1:2000
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
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Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).
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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.
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Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions.
Cons
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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.
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Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location.
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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
4.8
Max leverage
1:1000
Min deposit
$5
Top Regulators
CySEC, FSCA, DFSA
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Specialized trading accounts
-
Free VPS hosting
-
24/7 instant money withdrawal
Pros
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Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).
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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.
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Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions.
Cons
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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.
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Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location.
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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
24/7 instant money withdrawal
Specialized trading accounts
Pros
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High Leverage Options
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Low Initial Deposit Requirements
Cons
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Lack of Proper Regulation
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Withdrawal Issues
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Poor Customer Support
Withdrawal fee
$0
Deposit fee
4.8
Max leverage
1:3000
Min deposit
$1
Top Regulators
No
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24/7 instant money withdrawal
-
Specialized trading accounts
Pros
-
High Leverage Options
-
Low Initial Deposit Requirements
Cons
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Lack of Proper Regulation
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Withdrawal Issues
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Poor Customer Support
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:3000
Specialized trading accounts
Pros
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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.
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Multi Regulated Brokerage: VT Markets has multiple reputable regulations from South Africa, Dubai, and Mauritius.
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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
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No Crypto CFDs Available: VT Markets does not offer crypto CFD assets.
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No Phone Support: VT Markets does not offer phone support.
Withdrawal fee
$0
Deposit fee
4.7
Max leverage
1:1000
Min deposit
$50
Top Regulators
Yes
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Specialized trading accounts
Pros
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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.
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Multi Regulated Brokerage: VT Markets has multiple reputable regulations from South Africa, Dubai, and Mauritius.
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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
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No Crypto CFDs Available: VT Markets does not offer crypto CFD assets.
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No Phone Support: VT Markets does not offer phone support.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:1000
24/7 instant money withdrawal
Specialized trading accounts
Free VPS hosting
High leverage
Pros
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Regulated by Multiple Tier-1 Authorities
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Competitive Trading Conditions
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Wide Range of Trading Platforms
Cons
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Higher Commissions on Certain Platforms
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Limited Educational Resources Compared to Other Brokers
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Not Available Worldwide
Withdrawal fee
$0
Deposit fee
4.7
Max leverage
1:10000
Min deposit
$100
Top Regulators
FCA
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24/7 instant money withdrawal
-
Specialized trading accounts
-
Free VPS hosting
-
High leverage
Pros
-
Regulated by Multiple Tier-1 Authorities
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Competitive Trading Conditions
-
Wide Range of Trading Platforms
Cons
-
Higher Commissions on Certain Platforms
-
Limited Educational Resources Compared to Other Brokers
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Not Available Worldwide
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:10000
Specialized trading accounts
Free VPS hosting
24/7 instant money withdrawal
Pros
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Competitive Spreads
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Comprehensive Educational Resources
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Robust Customer Support
Cons
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Limited Deposit and Withdrawal Options
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Occasional Platform Glitches
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Limited Regulatory Oversight in Certain Regions
Withdrawal fee
$0
Deposit fee
4.7
Max leverage
1:1000
Min deposit
$5
Top Regulators
No
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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
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Limited Regulatory Oversight in Certain Regions
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:1000
7
24/7 Multilingual Customer Service
Proprietary Copy Trading App
Pros
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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.
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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.
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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
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Slightly Higher Spreads: For no-commission accounts, spreads starting at 1.3 pips are slightly higher than the industry average.
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High Minimum Deposit: High minimum deposit for the low-spread and commission-based accounts
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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
4.6
Max leverage
1:1000
Min deposit
$20
Top Regulators
Yes
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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.
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High Minimum Deposit: High minimum deposit for the low-spread and commission-based accounts
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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
Rating
4.6
/ 5
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74-77% of retail investor accounts lose money when trading CFDs with this provider.
Specialized trading accounts
24/7 instant money withdrawal
Pros
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Top-Tier Regulation
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Low Forex Fees
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No Withdrawal Fees
Cons
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High Stock CFD Fees
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Limited Product Portfolio
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User Interface Could Be More Intuitive
Withdrawal fee
$0
Deposit fee
4.2
Max leverage
1:50
Min deposit
$100
Top Regulators
FCA, CFTC, NFA, CIRO, CIMA, CySEC
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trusted
Not available in
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
Add to compare list
74-77% of retail investor accounts lose money when trading CFDs with this provider.
Free VPS hosting
Specialized trading accounts
24/7 instant money withdrawal
Pros
-
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
Withdrawal fee
$0
Deposit fee
4.4
Max leverage
1:1000
Min deposit
$10
Top Regulators
FSRA
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trusted
Not available in
9
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
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:1000
24/5 Customer Support
Pros
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Low Barrier to Entry: Traders can start trading with a very low minimum deposit of $10, making the broker accessible to many new traders.
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MetaTrader 4 & 5 Trading Platforms: DuraMarkets offers access to both MetaTrader 4 & 5 trading platforms.
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Swap-Free Islamic Account Option: The company offers a dedicated swap-free trading account for traders who want to avoid overnight swap fees.
Cons
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Lack of Tier 1 Regulators: DuraMarkets lacks the oversight of a Tier-1 regulator like ASIC, CySEC, NFA, or FCA.
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Crypto-Only Payments: The broker exclusively accepts cryptocurrency for deposits and withdrawals, which may be inconvenient for traders who prefer traditional payment methods.
Withdrawal fee
$0
Deposit fee
4.5
Max leverage
1:500
Min deposit
$10
Top Regulators
No
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Available in
10
Expand
-
24/5 Customer Support
Pros
-
Low Barrier to Entry: Traders can start trading with a very low minimum deposit of $10, making the broker accessible to many new traders.
-
MetaTrader 4 & 5 Trading Platforms: DuraMarkets offers access to both MetaTrader 4 & 5 trading platforms.
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Swap-Free Islamic Account Option: The company offers a dedicated swap-free trading account for traders who want to avoid overnight swap fees.
Cons
-
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Lack of Tier 1 Regulators: DuraMarkets lacks the oversight of a Tier-1 regulator like ASIC, CySEC, NFA, or FCA.
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Crypto-Only Payments: The broker exclusively accepts cryptocurrency for deposits and withdrawals, which may be inconvenient for traders who prefer traditional payment methods.
- Withdrawal fee$0
- Deposit fee$0
- Max Leverage1:500