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  1. Home
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How we make money

Best Forex Brokers in Guyana for 2026

Last updated Feb 3, 2026
Nikolay Zavarov
Author
Andrey Bondarenko
Editor

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 Forex brokers for Guyana based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best Forex broker in Guyana - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
  3. 3
    FP Markets Logo
    FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms.
  4. 4
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  5. 5
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  6. 6
    Deriv Logo
    Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure.
  7. 7
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  8. 8
    HF Markets Logo
    HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews.
  9. 9
    FXOpen Logo
    FXOpen - Wide range of trading assets. Low spreads and commissions. Support for various trading platforms.
  10. 10
    Exness Logo
    Exness - Wide selection of trading accounts. Instant fund withdrawal. Variety of trading platforms.

This comprehensive guide is designed to help you choose a broker that fits your trading strategy and safeguards your investments. The brokers highlighted here are distinguished by their outstanding features, innovative technology, and strong security protocols, ensuring an exceptional trading experience in the dynamic Forex market of Guyana.

Comparison of the Best Forex Brokers in Guyana

AvaTrade
XM
FP Markets
BrokerAvaTradeXMFP Markets
Rating
4.7/5
4.7/5
4.7/5
Foundation Year200520092005
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaBelize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, SeychellesAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Regulators
Minimum Deposit
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 USD
  • 5 AUD
  • 5 CHF
  • 5 EUR
  • 5 GBP
  • 1800 HUF
  • 750 JPY
  • 20 PLN
  • 5 SGD
  • 5 USD
  • 90 ZAR
  • 100 AUD
  • 100 CAD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 100 HKD
  • 100 NZD
  • 100 SGD
  • 100 USD
  • 1700 ZAR
Trading Accounts
  • CFD
  • Standard
  • Micro
  • XM Ultra Low
  • Shares
  • Standard
  • Raw
Spreadfrom 0.6 pointsfrom 0 pointsfrom 0 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • MetaTrader 5
  • MetaTrader 4
  • WebTrader
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
ReviewAvaTrade ReviewXM ReviewFP Markets Review
Broker Comparison
  • AvaTrade vs XM
  • AvaTrade vs FP Markets
  • XM vs AvaTrade
  • XM vs FP Markets
  • FP Markets vs AvaTrade
  • FP Markets vs XM
Register
RegisterTrading CFDs carries high risks. You may lose all invested funds
RegisterTrading CFDs carries high risks. You may lose all invested funds
RegisterTrading CFDs carries high risks. You may lose all invested funds

List of the Best Forex Brokers in Guyana for 2026

AvaTrade Logo
1
Foundation Year2005
Minimum Deposit
$100
4.7/5
Read AvaTrade reviewAvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AvaTrade Logo
4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
XM Logo
2
Foundation Year2009
Minimum Deposit
$5
4.7/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
XM Logo
4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5
FP Markets Logo
3
Foundation Year2005
Minimum Deposit
$100
4.7/5
Read FP Markets reviewFP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
FP Markets Logo
4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
Roboforex Logo
4
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
FxPro Logo
5
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
Deriv Logo
6
Foundation Year2020
Minimum Deposit
$1
4.3/5
Read Deriv reviewDeriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
Deriv Logo
4.3/5
Deriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2020
Minimum Deposit
$1
Admirals Logo
7
Foundation Year2001
Minimum Deposit
$1
4.3/5
Read Admirals reviewAdmirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
Admirals Logo
4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
HF Markets Logo
8
Foundation Year2009
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
FXOpen Logo
9
Foundation Year2004
Minimum Deposit
$1
4.3/5
Read FXOpen reviewFXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
9
FXOpen Logo
4.3/5
FXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
Foundation Year2004
Minimum Deposit
$1
Exness Logo
10
Foundation Year2008
Minimum Deposit
$10
4.3/5
Read Exness reviewExness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
Exness Logo
4.3/5
Exness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2008
Minimum Deposit
$10
AvaTrade Logo
1
Foundation Year2005
Minimum Deposit
$100
4.7/5
Read AvaTrade reviewAvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AvaTrade Logo
4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
XM Logo
2
Foundation Year2009
Minimum Deposit
$5
4.7/5
Read XM reviewXM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
XM Logo
4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5
FP Markets Logo
3
Foundation Year2005
Minimum Deposit
$100
4.7/5
Read FP Markets reviewFP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
FP Markets Logo
4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
Roboforex Logo
4
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
Roboforex Logo
4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
FxPro Logo
5
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
5
FxPro Logo
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
Deriv Logo
6
Foundation Year2020
Minimum Deposit
$1
4.3/5
Read Deriv reviewDeriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
Deriv Logo
4.3/5
Deriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2020
Minimum Deposit
$1
Admirals Logo
7
Foundation Year2001
Minimum Deposit
$1
4.3/5
Read Admirals reviewAdmirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
Admirals Logo
4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
HF Markets Logo
8
Foundation Year2009
Minimum Deposit
$1
4.3/5
Read HF Markets reviewHF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
8
HF Markets Logo
4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$1
FXOpen Logo
9
Foundation Year2004
Minimum Deposit
$1
4.3/5
Read FXOpen reviewFXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
9
FXOpen Logo
4.3/5
FXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
Foundation Year2004
Minimum Deposit
$1
Exness Logo
10
Foundation Year2008
Minimum Deposit
$10
4.3/5
Read Exness reviewExness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
Exness Logo
4.3/5
Exness review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2008
Minimum Deposit
$10

1. AvaTrade

AvaTrade Logo
Spread fromEURUSD0.6pips
Trading Assets
Forex Stocks Indices ETF Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5 WebTrader AvaTradeGO
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AvaTrade review
1
About AvaTrade
Founded in 2005
Countries of registration:
Regulators:
AvaTrade Logo
1
★4.7/5
AvaTrade review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. XM

XM Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks Precious Metals Energy Carriers Soft Commodities Cryptocurrency
Trading Platforms
MetaTrader 5 MetaTrader 4 WebTrader
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XM review
2
About XM
Founded in 2009
Countries of registration:
Regulators:
XM Logo
2
★4.7/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4WebTrader
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inactivity fee.
  2. Standard account has a higher spread than the market average.

3. FP Markets

FP Markets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4 MetaTrader 5 cTrader TradingView
★4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FP Markets review
3
About FP Markets
Founded in 2005
Countries of registration:
Regulators:
FP Markets Logo
3
★4.7/5
FP Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksETFBondsCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

Pros and Cons of FP Markets

Pros

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

4. Roboforex

Roboforex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Stocks ETF Precious Metals Energy Carriers Soft Commodities Futures
Trading Platforms
MetaTrader 5 MetaTrader 4 R WebTrader R MobileTrader R StocksTrader
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Roboforex review
4
About Roboforex
Founded in 2009
Countries of registration:
Regulators:
Roboforex Logo
4
★4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

5. FxPro

FxPro Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 FxPro Edge MetaTrader 5 cTrader TradingView
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FxPro review
5
About FxPro
Founded in 2006
Countries of registration:
Regulators:
FxPro Logo
5
★4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTraderTradingView
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

6. Deriv

Deriv Logo
Spread fromEURUSD0.5pips
Trading Assets
Forex Indices Cryptocurrency Stocks ETF Precious Metals Energy Carriers
Trading Platforms
MetaTrader 5 Deriv X cTrader
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Deriv review
6
About Deriv
Founded in 2020
Countries of registration:
Regulators:
Deriv Logo
6
★4.3/5
Deriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 5Deriv XcTrader
compare Deriv trading accounts

Deriv is an appealing choice for a wide array of traders, particularly those who are just beginning or are at an intermediate level. Its user-friendly approach, diverse platforms, and low-cost structure make it ideal for individuals seeking a straightforward trading experience. While it may not fully satisfy the needs of highly advanced traders due to some limitations in educational and analytical resources, Deriv's overall offering is solid, making it a reliable and accessible broker for most trading requirements.

Pros and Cons of Deriv

Pros

  1. Simple and fast account opening process.
  2. A wide variety of account types cater to different trading needs.
  3. Low commission structure.
  4. A wide range of trading platforms.
  5. High-quality technical support with fast and effective responses.

Cons

  1. Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
  2. Educational materials are confined to a blog and lack comprehensive learning resources.

7. Admirals

Admirals Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Precious Metals Energy Carriers Soft Commodities Cryptocurrency Stocks ETF
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Admirals review
7
About Admirals
Founded in 2001
Countries of registration:
Regulators:
Admirals Logo
7
★4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
compare Admirals trading accounts

The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.

Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.

Pros and Cons of Admirals

Pros

  1. Low trading fees.
  2. Wide range of payment methods.
  3. Extensive analytical resources.
  4. A rich collection of educational materials.

Cons

  1. Inactivity fee.
  2. Some users complain about the intrusiveness of the support service.

8. HF Markets

HF Markets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks Indices Bonds ETF Cryptocurrency Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 4 MetaTrader 5 WebTrader
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead HF Markets review
8
About HF Markets
Founded in 2009
Countries of registration:
Regulators:
HF Markets Logo
8
★4.3/5
HF Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
compare HF Markets trading accounts

HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.

HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.

Pros and Cons of HF Markets

Pros

  1. Regulated by reputable financial authorities.
  2. Wide selection of trading assets.
  3. A variety of educational materials and analytical reviews.

Cons

  1. There is no alternative to MetaTrader.
  2. High swaps and wide spreads.

9. FXOpen

FXOpen Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Indices Stocks ETF Cryptocurrency Energy Carriers
Trading Platforms
MetaTrader 4 MetaTrader 5 TickTrader TradingView
★4.3/5
Register58-60% of retail investors lose money when trading CFDs with this brokerRead FXOpen review
9
About FXOpen
Founded in 2004
Countries of registration:
Regulators:
FXOpen Logo
9
★4.3/5
FXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
ForexPrecious MetalsIndicesStocksETFCryptocurrencyEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5TickTraderTradingView
compare FXOpen trading accounts

FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.

FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.

Pros and Cons of FXOpen

Pros

  1. Wide range of trading assets.
  2. Low spreads and commissions.
  3. Support for various trading platforms.

Cons

  1. Lack of educational materials.

10. Exness

Exness Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Precious Metals Energy Carriers
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Exness review
10
About Exness
Founded in 2008
Countries of registration:
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10
★4.3/5
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Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
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Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.

Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.

Pros and Cons of Exness

Pros

  1. Wide selection of trading accounts.
  2. Instant fund withdrawal.
  3. Variety of trading platforms.
  4. A variety of analytical tools.

Cons

  1. Limited selection of educational materials.
  2. Average selection of markets and products.
  3. Deposit fees.

Regulation of Forex Brokers in Guyana

Forex trading in Guyana operates within a structured regulatory framework overseen by both the Bank of Guyana and the Guyana Securities Council (GSC). The Bank of Guyana plays a significant role in maintaining the integrity of the financial system by setting monetary policies, ensuring exchange rate stability, and licensing financial entities involved in Forex trading. This institution ensures that brokers comply with regulations that safeguard the financial system's stability​​.

The Guyana Securities Council (GSC) is responsible for the broader oversight of securities and Forex trading activities. Established under the Securities Industry Act of 1998, the GSC ensures orderly growth and fair dealings in the securities market. It also registers and regulates brokers, dealers, and other financial intermediaries, enforcing compliance with local laws and protecting investors against market abuses such as insider trading​.

For individuals looking to trade Forex in Guyana, it is essential to select brokers that are either locally licensed by the Bank of Guyana and the GSC or internationally regulated by reputable bodies such as the Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC). Conducting due diligence to verify a broker's regulatory status and financial stability is crucial before opening an account​​.

How We Compiled the List of Top Forex Brokers in Guyana

Our approach to identifying the leading Forex trading platforms in Guyana involved meticulous precision and a comprehensive set of benchmarks:

  1. Thorough Research and Evaluation: We began by compiling a Forex broker directory that met our predefined criteria. Each broker was meticulously scrutinized through a detailed evaluation methodology to assess their services and operational efficiency in an unbiased manner​​.
  2. Regulatory Adherence: We focused on brokers regulated by recognized financial authorities such as the GSC, FCA, and CySEC. This ensures the brokers operate transparently and comply with stringent financial standards​.
  3. Trading Conditions and Platforms: We evaluated brokers based on their trading conditions, including spreads, fees, minimum deposits, and the variety of trading instruments available. The quality and usability of their trading platforms were also assessed, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features​.
  4. Customer Support and Localization: The quality of customer support was a key factor, particularly the availability of support in multiple languages, including English, and accessible communication channels. We also considered brokers that offer localized services, such as websites and educational resources in these languages, to better serve Guyanese traders​.
  5. User Feedback: We incorporated genuine feedback from traders who have used these brokers to provide a well-rounded view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction​​.

By combining these factors, we ensured that our list of top Forex brokers in Guyana is comprehensive, reliable, and tailored to meet the needs of Guyanese traders.

FAQ

Is Forex trading legal in Guyana?

Yes, Forex trading is legal in Guyana. It operates within a regulatory framework overseen by the Bank of Guyana and the Guyana Securities Council, ensuring compliance with local laws and protection for investors.

What is the most legit Forex broker in Guyana?

The most legit Forex brokers in Guyana are those regulated by reputable international bodies such as the Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC). Examples include brokers like IC Markets, Tickmill, and AvaTrade.

What is the minimum deposit for Forex trading in Guyana?

The minimum deposit for Forex trading in Guyana varies by broker. Some brokers may offer accounts with minimum deposits as low as $10, while others might require $100 or more. Always check the specific broker's requirements for Forex trading low minimum deposit.

Does Forex trading in Guyana offer leverage?

Yes, Forex trading in Guyana offers leverage. The amount of leverage available depends on the broker and the type of account you open. Leverage can range from 1:30 to as high as 1:500. For more information, check Forex brokers with high leverage.

Which platforms are available for Forex trading in Guyana?

Forex trading platforms available in Guyana include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary platforms offered by brokers. These platforms provide advanced trading tools and features. For more information, check MT5 best brokers.

Can I use automated trading in Guyana?

Yes, automated trading is available in Guyana. Many brokers offer support for automated trading strategies using platforms like MT4 and MT5, which allow for the use of expert advisors (EAs) and other automated tools.

Are there demo accounts available for Forex traders in Guyana?

Yes, most Forex brokers offer demo accounts for traders in Guyana. These accounts allow you to practice trading with virtual funds before committing real money.

What types of accounts do Forex brokers in Guyana offer?

Forex brokers in Guyana typically offer a variety of account types, including standard accounts, micro accounts, and VIP accounts. Each type of account may come with different features such as varying spreads, commissions, and leverage options.

Is there a Swap-Free option for Forex accounts in Guyana?

Yes, many Forex brokers offer Swap-Free accounts, also known as Islamic accounts, which comply with Sharia law by not charging overnight interest.

Does Forex trading in Guyana include cryptocurrency trading?

Yes, some Forex brokers in Guyana offer cryptocurrency trading. You can trade popular cryptocurrencies like Bitcoin, Ethereum, and others alongside traditional Forex pairs.

How to open a Forex trading account in Guyana?

To open a Forex trading account in Guyana, follow these steps:

  1. Choose a reputable broker.
  2. Complete the online registration form.
  3. Verify your identity with required documents.
  4. Fund your account using available payment methods.
  5. Start trading on the selected platform.

Which Forex broker has the lowest spreads in Guyana?

The Forex broker with the lowest spreads can vary, but brokers like IC Markets and Tickmill are known for offering competitive, low spreads. Always compare brokers to find the best rates. For more information, check the lowest spread Forex brokers.

Do Forex brokers in Guyana offer instant withdrawals?

Some Forex brokers in Guyana offer instant withdrawals, though the speed can vary based on the broker and the withdrawal method used. Always check the broker's withdrawal policy.

Can you make money with Forex trading in Guyana?

Yes, it is possible to make money with Forex trading in Guyana, but it requires knowledge, skill, and risk management. Forex trading involves significant risk, and it's important to be well-informed and cautious.

How many Forex traders are there in Guyana?

The exact number of Forex traders in Guyana is not publicly available, but the popularity of Forex trading is growing as more individuals seek to participate in the global financial markets.

Is Forex trading considered gambling in Guyana?

Forex trading is not considered gambling in Guyana as it is a regulated financial activity. However, due to its high-risk nature, it requires careful analysis, strategy, and risk management to avoid significant losses.

Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.

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