5 Best Forex Brokers in Egypt for 2026
The Egyptian government and its financial authorities have chosen to go down the road of not having a licensing scheme for Forex brokers offering their services to Egyptian residents.
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That means two things: first, an Egyptian resident can choose a broker of their liking from anywhere in the world; second, any broker can offer their services to Egyptian residents. This can be hugely advantageous relative to residents of other countries, such as the US, UK, Canada, or Australia.
I am a Canadian resident, and leverage for major Forex majors is capped at 50:1. I tried to open an account with a New Zealand broker with higher leverage, and they rejected my application because of the rules imposed by Canadian regulators for Canadian residents. This was frustrating to say the least, and it’s not a barrier Egyptian residents will face.
It also means that the only layer of protection for Egyptians is a broker’s other regulatory licenses, or lack thereof. This puts all the responsibility on the account holder to know if a broker is safe. Will they segregate my funds? Will they execute fairly in line with market conditions? Below, I collected the best options that won’t disappoint Egyptian traders.
List of Top Forex Brokers in Egypt
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 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) | |
4.3 | 4.4 | $10 | 1:30 (CySEC) 1:3000 (FSCM) · 1:3000 (FSCA) · 1:3000 (FSA) · 1:3000 (BVI FSC) | MT5, MT4, JustMarkets App | - | |
4.6 | 4.4 | $50 | 1:1000 (FSCA) 1:1000 (CIMA) · 1:30 (ASIC) · 1:30 (FCA) · 1:2000 (VFSC) · 1:1000 (FSCM) | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | - | |
4.6 | 4.1 | $100 | 1:500 (FSA) 1:500 (FSCM) · 1:500 (Unregulated) · 1:400 (FSCA) · 1:30 (ASIC) · 1:500 (CMA) | MT5, cTrader, IRESS, MT4, Mottai, TradingView | - | |
4.5 | 4.2 | $100 | 1:400 (FSCA) 1:30 (CBI) · 1:200 (BVI FSC) · 1:30 (ASIC) · 1:400 (ADGM) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | - |
How Did I Select The Best Brokers In Egypt?
- I used our proprietary rating system and selected only brokers with an above-average score to review. This immediately gave me a high-quality list of brokers to filter using other criteria.
- Next, I verified each broker’s license, checking to see that their licenses are active in the jurisdictions they claim. This is particularly essential for Egyptian traders, because the government does not implement a minimum standard of oversight for brokers offering services in their country.
- I looked at the range of platforms each broker offers to see if it would meet most traders’ needs and if there are gaps in their tools.
- I used a live account with each broker to see real-time spreads and trading costs. As obvious as this sounds, I prefer brokers with lower fees, as long as it doesn’t compromise on areas such as regulation.
- I checked to see if each broker could provide customer support in Egypt’s timezone and whether they can provide that support in Arabic.
- I checked whether each broker had a Sharia-compliant or swap-free account option, i.e., to avoid interest-based rollover fees.
- I also checked if the brokers provide specific bonuses and account promotions for Egypt-based clients. Along with Arabic-speaking and Sharia accounts, these factors help me know that they understand the local market.
Best Overall
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
Founded in 2006, FxPro has several Tier 1 regulatory licenses, including regulation with the UK’s FCA, in Europe with Cyprus’s CySEC. It holds additional licenses in the Bahamas (SCB license) and Seychelles (FSA license). I like the fact that FxPro goes a step further by naming the banks holding its clients’ funds and its external auditors on its website. It uses only the largest banks in several regions and one of the world’s most well-known auditors, PricewaterhouseCoopers.
FxPro has Forex, indices, shares, futures, metals, energy, and cryptocurrencies (these are all CFD instruments). In total, it offers 2,100 instruments, which is larger than average.
Regional features:
- Egypt-based traders can open an account with FxPro Global Markets Limited, which is regulated by the Securities Commission of the Bahamas.
- Leverage: Up to 1:200
- Arabic version of the website
- Customer support in Arabic
- Islamic Account
FxPro is one of the largest brokers on this list: $120 million dollars in company capital, 17 million client accounts, 300 employees and 12 liquidity providers.
It is a non-dealing desk broker that has some of the fastest execution times in the industry at under 8 milliseconds.
FxPro offers its proprietary FxPro Webtrader, plus MT4, MT5, cTrader, and TradingView. This list of platforms will cover most traders’ needs: their proprietary platform is clean and easy to use, MT4 and MT5 are great for automated strategies, cTrader has excellent execution speed and depth of market data, and TradingView has some of the best charting features available.
Talking about fees, our tests showed that FxPro offered competitive spreads. Its EURUSD spreads in my test averaged 1.1–1.3 pips, and DAX ranged between 1.3 and 1.5. Swap/rollover fees and inactivity fees were average for the industry. FxPro helps to keep costs down by not charging deposit or withdrawal fees.
FxPro is clearly well-established, has plenty of trading instruments, and has fantastic execution speed. After reviewing it, I’m considering using it as my next broker.
Pros and Cons
- Lots of trading platforms
- High leverage
- Over 2100 trading instruments
- Arabic-language website, customer support
- Islamic accounts available
- Spreads are average
Best for High Leverage
- $10Min Deposit
- 266Tradable Instruments
- LowFees
Why We Picked It
Founded in 2012 (originally under the name Justforex when Forex was at the height of its popularity), JustMarkets has a Tier 1 regulatory license in Europe under Cyprus’s CySEC. It holds additional licenses in South Africa (FSCA license), Seychelles (FSA license) and the British Virgin Islands (FSC license).
JustMarkets has Forex, stocks, cryptocurrencies, indices and commodities. Across this list of markets, it only has 260 trading instruments, much less than its competitors.
Regional features:
- Leverage: Up to 1:3000
- Arabic version of the website
- Customer support in Arabic
- Islamic Account
JustMarkets uses a dealing desk for its Standard account, and a non-dealing desk for its Pro and Raw Spread accounts (this split is pretty common amongst Forex brokers). Unlike a lot of brokers I’ve reviewed, whose spreads are high for their Standard accounts, JustMarkets spreads start from 0.3 pips on their Standard account with no commission. Given that the minimum deposit is only a $10 deposit, this is an incredibly efficient access point to many markets for small account sizes. Then the spreads keep getting smaller: from 0.1 pips on their Pro account, and from 0.0 pips + $3 commission round turn on their Raw Spread account, both of which come with a $200 minimum deposit, which I consider small for these account types.
JustMarkets has MT4/MT5 and a proprietary mobile trading app, JustMarkets Trading App.
This broker aims to keep it efficient: a small number of markets, the most basic platforms in the industry, but ultra-low spreads and small minimum deposits. If you don’t want any frills or lots of markets, but you want low costs and high leverage, this broker is for you.
Pros and Cons
- High leverage: 1:3000
- Very low trading costs, especially for the account minimums
- Arabic-language website, customer support
- Islamic accounts available
- Limited number of trading instruments
Best MT4
- $50Min Deposit
- 1056Tradable Instruments
- LowFees
Why We Picked It
Founded in 2009, Vantage is an Australian-based CFD broker. It has regulatory licences from Tier 1 regulators such as Australia’s ASIC and the UK’s FCA, which, in my mind, demonstrates the company’s standing. However, its Egyptian clients fall under Vanuatu’s VFSC, which is less stringent than ASIC or the FCA but does require Forex brokers to segregate client capital.
Vantage covers the popular markets most traders want: currency pairs, commodities, individual stocks, indices, cryptocurrencies, and ETFs, which are all structured as CFD contracts. In total, they have 940 instruments, which is a reasonable number by industry standards, but not the highest. They offer leverage up to 1:500, and although not the highest, I believe it’s more than enough for most, and most traders shouldn’t be using more than that to safely manage positions.
Regional features:
- Leverage: Up to 1:500
- Arabic version of the website
- Customer support in Arabic
- Islamic Account
Vantage has a non-dealing desk model regardless of the account type (their Standard account is Straight Through Processing (STP), and the Pro and Raw accounts are ECN). The floating spreads for the Standard account start at 1.0 pips, a middle-of-the-road level that doesn’t make me run away from Vantage, but also doesn’t make me run towards it either.
Like almost all Forex brokers, Vantage has MT4/MT5. It also offers TradingView, which is a big plus at this level.
Pros and Cons
- TradingView integration
- All accounts are non-dealing desk
- Arabic-language website and Arabic customer support
- Islamic accounts available
- Spreads aren’t bad, but they could be lower
Best Low Spreads
- $100Min Deposit
- 10180Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2005, FP Markets is another Australian-headquartered broker, with Tier 1 regulation under Australia’s ASIC, and it also carries a Tier 1 regulatory license in Europe with Cyprus’s CySEC. But for Egyptian clients, it uses an unregulated entity in St. Vincent & the Grenadines. This gives FP Markets more flexibility, especially with leverage, but there is no oversight in how it treats Egyptian clients.
FP Markets offers more trading platforms than most of its competitors, along with a good number of add-ons, such as Trading Central and Autochartist. In Forex, FP Markets gives access to 70 Forex pairs, a reasonable number.
Regional features:
- Leverage: up to 1:500
- Tradable Instruments: Forex, Stocks, Metals, Commodities, Indices, Cryptocurrencies, Bonds and ETFs
- Arabic version of the website
- Customer support in Arabic
- Islamic accounts
The list of markets covers the standard categories I see amongst most brokers, but the total number of trading instruments, around 10,000, is huge by industry standards (I rarely see more than 2,000 trading instruments in a single broker). Using Forex as an example, FP Markets covers over 70 pairs, much more than most brokers.
I tested EURUSD during the London and New York sessions (the most active sessions for Forex), and the spread averaged 1.1 pips, which is around the industry average of 1.0 pips without commissions. In FP Markets’ Raw ECN account, traders can access lower spreads from 0.0 pips plus 3 USD commission per lot per side, which is better than the industry average of 3.50 USD.
I would say the Iress and Mottai trading platforms are for the most professionally minded retail traders and asset managers (in fact, most retail traders don’t know these platforms even exist). I’ve used standard trading platforms for much of my trading career, and they’ve almost always given me what I need. But there are times I want functions that Iress or Mottai can give, such as built-in heat maps for stocks (which I often have to get externally), or being able to customized hotkeys and split-screen views for multiple charts. It’s frustrating when I can’t do those, and if you run into the same problems, these professionally-oriented platforms could be a solution.
Pros and Cons
- Good account types: 1:500 leverage and all accounts are non-dealing desk
- Professional platform choices
- Some of the most professional platforms for retail traders
- Arabic support and Islamic accounts available
- Egyptian clients must use an unregulated entity with FP Markets
Best for Professional Traders
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2006, AvaTrade manages Egyptian clients through its regulatory license in the British Virgin Islands (FSC license). As a company, it’s worth noting that it has Tier 1 licenses in multiple jurisdictions (Australia, Europe, Ireland, and Japan).
Key Features:
- Entity for Clients from Egypt: Ava Trade Markets, regulated by FSC BVI.
- Leverage: Up to 1:400
- Tradable Instruments: Forex (60 Forex pairs), Cryptocurrencies, Stocks, Indices, ETFs, Bonds, Commodities
- Trading Platforms: MT4, MT5, MT4 Mac, Webtrader; AvaTrade Mobile
- Arabic version of the website and customer support in Arabic
- Islamic accounts available
AvaTrade is one of the top established dealing desk brokers in the world. Many traders avoid dealing desk brokers because the broker is in a better position to manipulate the price. But a dealing-desk model can give clients much more reliable spreads and fills (because the broker controls it), which can make a huge difference in fast-moving markets. Also, orders get filled instantly in-house because there’s no lag of external routing.
When I’ve tested AvaTrade on a live account, I’ve been perfectly happy with its spreads and fills, and the pricing was not out of line with other brokers.
AvaTrade has a reasonable number of markets that most traders would want to access, and overall, I like AvaTrade’s controlled environment, knowing I will get reliable spreads because of its market-maker model.
Pros and Cons
- Market maker model with reliable spreads and fills
- Professional platform choices
- Arabic-language website and Arabic customer support
- Islamic accounts available
- There is no non-dealing-desk option for clients who might want that
All the Brokers We Tested
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About the Authors
Huzefa Hamid is a multi-asset technical swing trader and market commentator. He began trading equities and equity options in the early 2000s before expanding into Forex and commodities, focusing on liquid instruments suited to technical analysis. A process-oriented, multi-timeframe trader, Huzefa specializes in support and resistance, trend analysis, and classic chart patterns. Drawing on his experience as a trader, broker analyst, and trading educator, Huzefa has a deep understanding of the brokerage industry, giving readers confidence in his broker reviews and recommendations.
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.