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4 Best Forex Brokers in Bangladesh for 2025
Looking for the top forex broker in Bangladesh? After testing 80 brokers this year, our experts have identified the 4 best options tailored to diverse trading needs, complete with practical tips.
By:
Reviewed By:
Updated: Jul 1, 2025
List of Top Forex Brokers in Bangladesh
Globally renowned broker. 1000+ tradable instruments. Competitive trading fees. ProTrader, MT4, MT5, Vantage App. Autochartist and Trading Central. Free VPS hosting.
10,000+ share CFDs. Iress platform for stock trading. MT4, MT5, TradingView, cTrader. VPS hosting. DMA trading. Autochartist and Trading Central. Competitive spreads.
Rock-bottom spreads and swaps. Zero commissions. Cost-free deposits and withdrawals. 2200+ instruments. MT4, MT5, cTrader, TradingView, ZuluTrade. Free VPS hosting.
Versatile FxPro Trading Platform. Ultra-fast execution speeds of 12 ms. MT4, MT5, cTrader. 2100+ tradable instruments. Robust market research.
Forex Trading in Bangladesh
Trading with leveraged products is gaining momentum in Bangladesh because of the virtually limitless opportunities it entails. The Bangladesh Securities and Exchange Commission (BSEC) introduced the Commodity Exchange Rules in 2023 to regulate commodity derivatives, indicating a move towards formalizing such trading activities.
Despite the lack of specific regulations for CFDs, traders are increasingly engaging with international platforms that offer a wide range of instruments, including forex, commodities, and cryptocurrencies. However, the absence of a comprehensive regulatory framework for CFDs means that traders should exercise caution and ensure they understand the risks involved.
How Did FXEmpire Select the Best Forex Brokers in Bangladesh?
- License and Regulation: We only considered forex brokers that are fully licensed and authorized to provide trading services to traders in Bangladesh.
- Islamic Accounts: All of our picks provide Islamic accounts for swap-free trading.
- Competitive Fees: We chose brokers that offer the lowest trading fees, including spreads, commissions, and swaps.
- Localized Services: We selected brokers whose websites, platforms, and customer support are available in Bengali.
- Access to Local Markets: Brokers with broad product offerings, including currency pairs, commodities, share CFDs, and indices from local markets, were preferred.
- Local Payment Methods: We looked for brokers that accept deposits and withdrawals via Bangladeshi payment services.
Our team of experts has identified each broker’s strengths and weaknesses using FXEmpire’s comprehensive methodology. Here’s how we test.
Now let’s dive into the selected brokers.
Best Overall
4.6
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.
- $50Min Deposit
- 1039Tradable Instruments
- LowFees
Why We Picked It
Vantage is a well-calibrated forex and CFD broker that caters to different kinds of traders. Founded in 2009 and headquartered in Sydney, Australia, Vantage offers over 1000 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, ETFs, and bonds.
Regional Features:
- Entity for Bangladeshi Traders: Vantage Global Limited, regulated by the Vanuatu Financial Services Commission (VFSC)
- Max. Leverage: 1:500
- Islamic Account: Yes
- Trading Platform in Bengali: Yes
- Local Payment Options: Credit/Debit cards, Local bank transfer, Bitwallet, various e-wallets
- Available Platforms: MetaTrader 4, MetaTrader 5, ProTrader
I performed my testing on a Standard STP account, which features commission-free trading and floating spreads from 1.1 pips. The test revealed that Vantage’s spreads are very competitive. Currency pairs are the only exception to this, for which Vantage charges industry-average spreads.
Vantage supports MT4 and MT5 and has developed its own ProTrader platform, which stands out with its robust charting and professional design. It is powered by TradingView and features over 150 technical indicators, drawing tools, and chart configurations.
High-volume traders can achieve ultra-fast execution speeds by making use of Vantage’s free Virtual Private Server (VPS) hosting. To cap it all off, Vantage blends research materials from Autochartist and Trading Central. The broker also publishes daily financial news breakdowns on its YouTube channel.
Pros and Cons
Pros
- 1000+ tradable instruments
- Favorable fees
- VPS hosting
- Trading Central and Autochartist content
Cons
- Website and customer support are not available in Bengali
Best for Stock CFD Trading
4.6
Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested.
- $100Min Deposit
- 10180Tradable Instruments
- LowFees
Why We Picked It
Established in 2005 and headquartered in Sydney, Australia, FP Markets is dominating the trading industry with its wide and comprehensive offering of trading instruments, tools, and services. The broker impresses with its massive offering of 10,000+ share CFDs, supplemented with low fees, a rich collection of platforms, and handy trading tools.
Regional Features:
- Entity for Bangladeshi Traders: FP Markets Ltd, regulated by the FSC Mauritius
- Max Leverage: 1:500
- Islamic Account: Yes
- Localized Website, Customer Support, and Platforms in Bengali: Yes
- Local Payment Options: Bank wire, Credit/Debit cards, PayPal, e-wallets
- Available Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
FP Markets’ wide collection of over 10,000 shares can be accessed via the professional-grade Iress platform. It features high-definition charts, hundreds of analytical tools and configurations, and Direct Market Access (DMA) trading.
Traders can use Iress to achieve lightning execution and obtain raw spreads directly from an exchange’s order books. The platform also supports automated trading and can be further enhanced with FP Markets’ free VPS hosting.
I performed my testing on FP Markets’ Standard account, which features zero commissions and floating spreads from 1.0 pips. I learned that the broker’s spreads are broadly low to average compared to the industry benchmark.
Pros and Cons
Pros
- 10,000+ share CFDs
- Iress platform
- DMA trading
- Free VPS hosting
Cons
- Mixed spreads on share CFDs
Best Low Spreads
4.5
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
- $200Min Deposit
- 2245Tradable Instruments
- LowFees
Why We Picked It
IC Markets is a financial derivatives broker that dominates the industry with its rock-bottom pricing. Established in 2007, the Australia-based broker offers more than 2,200 tradable instruments and a variety of trading platforms and tools.
Regional Features:
- Entity for Bangladeshi Traders: Raw Trading Ltd, licensed and regulated by the FSA Seychelles
- Max Leverage: 1:500
- Islamic Account: Yes
- Localized Website, Customer Support, and Platforms in Bengali: No
- Local Payment Options: Local bank transfer, credit and debit cards, PayPal
- Available Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
I tested IC Markets’ Standard account, which has a deposit requirement of $200. The test revealed that IC Markets charges very competitive costs: low spreads on currency pairs, share CFDs, indices, and cryptocurrencies, and low-to-average spreads on commodities.
My further tests also showed that IC Markets charges no commissions on its Standard account, while its overnight fees are low to average compared to the benchmark. Also, IC Markets does not impose a handling fee for deposits or withdrawals or an inactivity fee for dormant accounts.
IC Markets’ wide selection of platforms complements its razor-sharp pricing. MT4 and MT5 are staples of online trading, while cTrader offers enhanced copy and automated trading capabilities. In contrast, TradingView is the go-to option for technical traders interested in fluid and high-detail charting.
Pros and Cons
Pros
- Rock-bottom pricing
- Wide selection of platforms
- 2200+ instruments
- Free VPS hosting
Cons
- No negative balance protection
Best Trading Platform
4.6
73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK)
- $100Min Deposit
- 1995Tradable Instruments
- HighFees
Why We Picked It
Established in 1999, the London-based FxPro is a name that hardly needs an introduction. The financial derivatives broker offers more than 2,100 assets in various markets, top-of-the-line research, favorable pricing, and an excellent trading platform.
Regional Features:
- Entity for Bangladeshi Traders: FxPro Global Markets Limited, regulated by the SCB Bahamas
- Max Leverage: 1:200
- Islamic Account: Yes
- Localized Website, Customer Support, and Platforms in Bengali: No
- Local Payment Options: Bank wire, Credit/debit cards, Google Pay, Apple Pay, PayPal, Cryptocurrencies
- Available Platforms: FxPro Trading Platform, MetaTrader 4, MetaTrader 5, cTrader
FxPro’s flagship platform is an excellent trading station that delivers on all levels, catering to the needs of even the most demanding traders. I performed my testing for a few days and was impressed by the platform’s high-definition charts. Price action is easily scalable and represented in great detail.
The FxPro platform supports over 60 technical indicators and drawing tools, a dozen chart types, and just as many timeframes. Traders can place market, limit, and stop orders, set price alerts, and customize their watchlists.
The platform also features one-click trading for hastened order execution. It is well equipped and features a streamlined trading experience. FxPro also takes things to the next level with its lightning-fast execution speed, averaging 12 milliseconds.
I tested on FxPro’s Standard account, which features an all-inclusive spread from 1.2 pips and zero commissions, and determined that the broker’s fees are comfortably in the middle range.
Pros and Cons
Pros
- Sophisticated FxPro Trading Platform
- Lighting execution speed
- 2100+ tradable instruments
- Robust market research
Cons
- The platform is only available in English
How to Choose a Forex Broker in Bangladesh?
This section will outline what traders should consider when looking for a trustworthy forex broker in Bangladesh.
How to Verify If a Broker Is Licensed and Regulated?
1. Check the Broker’s Website: Regulated brokers typically display their license number and regulatory authority details in the footer or on pages like “About Us” or “Regulation.”
2. Contact the Broker Directly: If in doubt, ask the broker for regulatory information. Reputable brokers will provide clear details without hesitation.
3. Search the Regulator’s Database: Most regulatory bodies maintain online databases of authorized entities. Use these to verify whether the broker is licensed to provide financial services.
Discover our list of Best regulated forex brokers.
How to Check a Broker’s Protection Level?
To choose a reliable broker, ensure the company is strictly regulated and adheres to key safety standards. Here are the most important ones:
- Segregated Funds: Client funds should be held in separate bank accounts from the broker’s own capital to prevent misuse.
- Negative Balance Protection: Ensures you can’t lose more than your deposit, which is critical when trading high-risk assets like CFDs.
- Leverage Cap: Top regulators limit retail leverage to 1:30 to reduce risk, whereas loose jurisdictions may allow up to 1:2000.
- Compensation Scheme: Regulated brokers may offer client protection through schemes like the EU’s Investor Compensation Fund (up to €20,000) or civil liability insurance.
Read more about client protections in our dedicated article.
What Fees to Consider When choosing a broker?
The impact of trading fees on your overall profitability cannot be overstated. While a broker aims to maximize fees, traders seek to minimize them. When selecting a broker in Bangladesh, it’s essential to consider the following fees:
- Spread: The difference between the buy and sell price. Check out Best brokers with low spreads.
- Commission: A fee to execute a buy or sell transaction.
- Overnight or Swap Fee: An expense incurred for maintaining a leveraged or margined position overnight. Find Best brokers with low swaps.
- Payments: Fees associated with depositing or withdrawing funds.
- Inactivity: A fee applied without trading activity within a specific period.
A reputable broker emphasizes fee transparency. If fee structures are unclear or difficult to locate on the broker’s website, this should raise concerns about trading with them.
Discover more in our guide on broker fees.
How to Choose a Trading Platform?
A trading platform serves as your gateway to the world’s financial markets. It should facilitate real-time price monitoring, offer analytical tools, and provide fast trade execution.
Some popular trading platforms include:
- MetaTrader 4: Renowned for its charting capabilities, drawing tools, and a comprehensive range of technical analysis indicators, making it the preferred choice for forex traders globally. Read more about Best MT4 brokers.
- MetaTrader 5: This updated version builds upon MT4 and offers more indicators, timeframes, and market options. Read more about the Best MT5 brokers.
- cTrader: Tailored for high-frequency traders and scalpers, cTrader provides a responsive platform for quick decision-making. Read more about Best cTrader brokers.
- TradingView: Operating as a browser-based social trading platform, it offers advanced research tools and access to global markets. Read more about Best TradingView brokers.
- In-House Software: Some brokers develop their own unique trading software to cater to the specific needs of their clients.
Check out our list of Best forex trading platforms.
What to Avoid When Choosing a Forex Broker in Bangladesh?
Watch out for these red flags:
- Unregulated Brokers: They lack accountability and client protection measures.
- Weak Client Protection: Avoid brokers that don’t offer at least two of the following: segregated funds, leverage cap (1:30), compensation scheme, or negative balance protection.
- Low Execution Quality: Look for brokers with strong execution policies, fast trade execution (<100ms), and transparent performance reports.
- High Costs: Avoid STP accounts with spreads starting at 1.8+ pips and ECN accounts charging over $7 in round-turn commissions.
Discover Best forex broker with fast execution.
How to Avoid Forex and CFD Scams?
Scammers lure traders with fake promises and impersonate legitimate brokers. Protect yourself by:
- Choosing a Verified Broker: Only trade with brokers licensed by reputable regulators.
- Staying Safe Online: Don’t share personal data through pop-ups or respond to unsolicited calls/emails.
- Verifying Offers: If something sounds too good to be true, it likely is.
- Doing Your Homework: Always research a broker’s licensing, reviews, and reputation before investing.
Staying informed and vigilant is your best defense against scams in the trading world.
Meet Our Experts
The forex and CFD analysis team at FXEmpire is made up of seasoned trading industry professionals and experienced financial journalists. Our experts have been featured on leading financial platforms, including Investopedia and Forbes, and bring extensive hands-on trading experience to their work.
Get to Know Our Authors
Dan BlystoneBroker Analyst
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.
Jitan SolankiBroker Analyst
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Plamen StoyanovBroker Analyst
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Vladimir ZernovBroker Analyst
In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.
Is forex trading legal in Bangladesh?
Yes, forex trading is permitted in Bangladesh.
Who regulates the forex and CFD market in Bangladesh?
Bangladesh’s national regulator is the Securities and Exchange Commission (SEC), which oversees capital markets operations. Bangladeshi traders can also sign up with international brokers that are licensed and regulated by overseas regulators.
What is an Islamic/swap-free account?
Islamic accounts offer swap-free trading that is compliant with Shariah Law.
Is forex trading considered halal in Bangladesh?
No, as long as it is done using an Islamic account.
Do you need to pay tax for forex trading in Bangladesh?
Yes, Bangladesh has a 15% capital gains tax. Please contact your legal aid for additional information.
Can I trade with an offshore broker in Bangladesh?
Yes, you can, but it is not officially authorized and may expose you to legal and financial risks due to the lack of local regulatory oversight.
What are the differences in protections between brokers regulated by top-tier regulators and brokers regulated offshore?
Brokers regulated by top-tier authorities (like the FCA, ASIC, or CySEC) are required to offer strong client protections such as segregated funds, negative balance protection, leverage caps, and compensation schemes. In contrast, offshore-regulated brokers often operate with minimal oversight, offering higher leverage but limited or no investor protection.
Is cryptocurrency trading available in Bangladesh?
Yes, cryptocurrency trading is permitted in Bangladesh.
Can I trade forex in Bangladesh without a broker?
No, trading with leveraged products, including forex, requires the services of a broker.
About the Author
Plamen StoyanovBroker Analyst
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Why you can trust FX Empire
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.