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  1. Home
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  4. Iran
  1. Best Forex Brokers
How we make money

Best Forex Brokers in Iran 2026

Last updated Jan 21, 2026
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor
Nikolay Zavarov
Author
Andrey Bondarenko
Editor

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top forex brokers in Iran based on our analysis:

  1. 1
    AMarkets Logo
    AMarkets - Best forex broker in Iran - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations.
  2. 2
    IFC Markets Logo
    IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels.
  3. 3
    FXOpen Logo
    FXOpen - Wide range of trading assets. Low spreads and commissions. Support for various trading platforms.
  4. 4
    NPBFX Logo
    NPBFX - A rich selection of analytical tools and resources. Extensive education section. A variety of trading account types.
  5. 5
    InstaForex Logo
    InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support.
  6. 6
    xChief Logo
    xChief - A wide range of trading instruments. Availability of cent and PAMM accounts. Tight spreads and low commission per transaction.
  7. 7
    Alpari Logo
    Alpari - A wide range of trading accounts. Flexible conditions for depositing and withdrawing funds. Diversity of trading platforms.
  8. 8
    LiteFinance Logo
    LiteFinance - A variety of analytical tools. Extensive educational materials. 24/5 technical support.
  9. 9
    FIBO Group Logo
    FIBO Group - A wide selection of trading and investment accounts. Low spreads, which facilitates more profitable trading. A wide range of payment methods.
  10. 10
    Grand Capital Logo
    Grand Capital - Diversity of trading account types. Tight spreads. A wide range of trading assets.

Choosing a broker in Iran often involves extra due diligence: account availability can be limited by a broker’s internal policies and external restrictions. Our list focuses on platforms that are well-known globally and evaluated using consistent criteria (pricing, execution, platforms, safety, and support), so you can shortlist options and then verify eligibility during sign-up.

Comparison of the Best Forex Brokers in Iran

AMarkets
IFC Markets
FXOpen
Broker
AMarkets LogoAMarkets
IFC Markets LogoIFC Markets
FXOpen LogoFXOpen
Rating
4.4/5
4.3/5
4.3/5
Foundation Year200720052004
Regulated in CountriesCook Islands, ComorosBritish Virgin Islands, MalaysiaUnited Kingdom, Cyprus, Australia
Regulators
FSC of Cook Islands
FSC of Cook Islands
MISA
MISA
SVGFSA
SVGFSA
BVIFSC
BVIFSC
LFSA
LFSA
-
FCA
FCA
CySEC
CySEC
ASIC
ASIC
Minimum Deposit
  • 100 USD
  • 1 USD
  • 1 EUR
  • 100 JPY
  • 1 USD
  • 10 EUR
  • 10 CHF
  • 10 GBP
  • 1500 JPY
  • 100 AUD
  • 100 SGD
Trading Accounts
  • Standard
  • ECN
  • Zero
  • NetTradeX Standard Fixed
  • NetTradeX Standard Floating
  • NetTradeX Beginner Fixed
  • NetTradeX Beginner Floating
  • MT4 Standard Fixed
  • MT4 Micro Fixed
  • MT5 Standard Floating
  • MT5 Micro Floating
  • STP
  • ECN
  • Micro
  • Crypto
Spreadfrom 0 pointsfrom 0.4 pointsfrom 0 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • NetTradeX
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • TickTrader
  • TradingView
ReviewAMarkets ReviewIFC Markets ReviewFXOpen Review
Broker Comparison
  • AMarkets vs IFC Markets
  • AMarkets vs FXOpen
  • IFC Markets vs AMarkets
  • IFC Markets vs FXOpen
  • FXOpen vs AMarkets
  • FXOpen vs IFC Markets
RegisterTrading CFDs carries high risks. You may lose all invested fundsRegisterTrading CFDs carries high risks. You may lose all invested fundsRegister58-60% of retail investors lose money when trading CFDs with this broker

List of the Best Iran Forex Brokers for 2026

AMarkets Logo
1
Foundation Year2007
Minimum Deposit
$100
4.4/5
Read AMarkets reviewAMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AMarkets Logo
4.4/5
AMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$100
IFC Markets Logo
2
Foundation Year2005
Minimum Deposit
$1
4.3/5
Read IFC Markets reviewIFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
IFC Markets Logo
4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$1
FXOpen Logo
3
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
3
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
NPBFX Logo
4
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
NPBFX Logo
4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2016
Minimum Deposit
$10
InstaForex Logo
5
Foundation Year2007
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
5
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Foundation Year2007
Minimum Deposit
$1
xChief Logo
6
Foundation Year2014
Minimum Deposit
$1
4.1/5
Read xChief reviewxChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
xChief Logo
4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2014
Minimum Deposit
$1
Alpari Logo
7
Foundation Year1998
Minimum Deposit
$50
4.1/5
Read Alpari reviewAlpari review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
Alpari Logo
4.1/5
Alpari review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1998
Minimum Deposit
$50
LiteFinance Logo
8
Foundation Year2004
Minimum Deposit
$10
4.1/5
Read LiteFinance reviewLiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
8
LiteFinance Logo
4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Foundation Year2004
Minimum Deposit
$10
FIBO Group Logo
9
Foundation Year1998
Minimum Deposit
$1
4.1/5
Read FIBO Group reviewFIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
FIBO Group Logo
4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1998
Minimum Deposit
$1
Grand Capital Logo
10
Foundation Year2006
Minimum Deposit
$10
4/5
Read Grand Capital reviewGrand Capital review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
Grand Capital Logo
4/5
Grand Capital review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$10
AMarkets Logo
1
Foundation Year2007
Minimum Deposit
$100
4.4/5
Read AMarkets reviewAMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
AMarkets Logo
4.4/5
AMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2007
Minimum Deposit
$100
IFC Markets Logo
2
Foundation Year2005
Minimum Deposit
$1
4.3/5
Read IFC Markets reviewIFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
IFC Markets Logo
4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$1
FXOpen Logo
3
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
3
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
NPBFX Logo
4
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
NPBFX Logo
4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2016
Minimum Deposit
$10
InstaForex Logo
5
Foundation Year2007
Minimum Deposit
$1
4.2/5
Read InstaForex reviewInstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
5
InstaForex Logo
4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Foundation Year2007
Minimum Deposit
$1
xChief Logo
6
Foundation Year2014
Minimum Deposit
$1
4.1/5
Read xChief reviewxChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
6
xChief Logo
4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2014
Minimum Deposit
$1
Alpari Logo
7
Foundation Year1998
Minimum Deposit
$50
4.1/5
Read Alpari reviewAlpari review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
Alpari Logo
4.1/5
Alpari review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1998
Minimum Deposit
$50
LiteFinance Logo
8
Foundation Year2004
Minimum Deposit
$10
4.1/5
Read LiteFinance reviewLiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
8
LiteFinance Logo
4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Foundation Year2004
Minimum Deposit
$10
FIBO Group Logo
9
Foundation Year1998
Minimum Deposit
$1
4.1/5
Read FIBO Group reviewFIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
FIBO Group Logo
4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1998
Minimum Deposit
$1
Grand Capital Logo
10
Foundation Year2006
Minimum Deposit
$10
4/5
Read Grand Capital reviewGrand Capital review
RegisterTrading CFDs carries high risks. You may lose all invested funds
10
Grand Capital Logo
4/5
Grand Capital review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$10

1. AMarkets

AMarkets Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks Bonds Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 5 MetaTrader 4
★4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AMarkets review
1
About AMarkets
Founded in 2007
Countries of registration:
ck Flag
km Flag
Regulators:
FSC of Cook IslandsMISASVGFSA
AMarkets Logo
1
★4.4/5
AMarkets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
ck Flag
km Flag
Regulators:
FSC of Cook IslandsMISASVGFSA
Trading Assets
ForexIndicesCryptocurrencyStocksBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4
compare AMarkets trading accounts

AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.

Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.

Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.

Pros and Cons of AMarkets

Pros

  1. A wide range of trading assets.
  2. Extensive analytical capabilities using modern tools and trading robots.
  3. No commissions on many operations.
  4. Convenience and simplicity of opening an account and managing it.

Cons

  1. Not the most extensive educational materials.
  2. On some assets, spreads are higher than those of competing Forex brokers.

2. IFC Markets

IFC Markets Logo
Spread fromEURUSD0.4pips
Trading Assets
Forex Stocks ETF Indices Cryptocurrency Precious Metals Energy Carriers Soft Commodities
Trading Platforms
NetTradeX MetaTrader 4 MetaTrader 5
★4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead IFC Markets review
2
About IFC Markets
Founded in 2005
Countries of registration:
vg Flag
my Flag
Regulators:
BVIFSCLFSA
IFC Markets Logo
2
★4.3/5
IFC Markets review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vg Flag
my Flag
Regulators:
BVIFSCLFSA
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
NetTradeXMetaTrader 4MetaTrader 5
compare IFC Markets trading accounts

IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.

IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.

Pros and Cons of IFC Markets

Pros

  1. A wide range of trading assets.
  2. Variety of trading platforms.
  3. Educational materials for traders of all experience levels.
  4. Tools for creating synthetic tools are available.

Cons

  1. High swaps.

3. 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
3
About FXOpen
Founded in 2004
Countries of registration:
kn Flag
uk Flag
cy Flag
au Flag
Regulators:
FCACySECASIC
FXOpen Logo
3
★4.3/5
FXOpen review
Register58-60% of retail investors lose money when trading CFDs with this broker
Countries of registration:
kn Flag
uk Flag
cy Flag
au Flag
Regulators:
FCACySECASIC
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.

4. NPBFX

NPBFX Logo
Spread fromEURUSD0.4pips
Trading Assets
Forex Indices Cryptocurrency ETF Stocks Commodities
Trading Platforms
MetaTrader 4
★4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead NPBFX review
4
About NPBFX
Founded in 2016
Countries of registration:
km Flag
Regulators:
MISA
NPBFX Logo
4
★4.2/5
NPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
Regulators:
MISA
Trading Assets
ForexIndicesCryptocurrencyETFStocksCommodities
Trading Platforms
MetaTrader 4
compare NPBFX trading accounts

NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPBFX provides quality service and can be used by most traders.

Pros and Cons of NPBFX

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

5. InstaForex

InstaForex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Stocks ETF Precious Metals Energy Carriers Soft Commodities
Trading Platforms
MetaTrader 5 MetaTrader 4 InstaForex Webtrader
★4.2/5
Register71.99% of retail investors lose money when trading CFDs with this brokerRead InstaForex review
5
About InstaForex
Founded in 2007
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
InstaForex Logo
5
★4.2/5
InstaForex review
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
compare InstaForex trading accounts

InstaForex is a popular broker that offers a wide range of trading instruments and specialized accounts. The unique possibility of accruing interest on the account balance, ForexCopy's automatic transaction copying service, and support for cryptocurrency trading make InstaForex an attractive choice for a variety of traders. Customer support is available round the clock, and account replenishment does not charge any commission, which is a significant plus.

InstaForex is suitable for beginner traders and investors interested in passive income through PAMM accounts, as well as for those looking for innovative features such as cryptocurrency trading and automatic trade copying.

Pros and Cons of InstaForex

Pros

  1. Large selection of trading instruments.
  2. PAMM accounts and the ForexCopy automatic trade copying service for passive income.
  3. 24/7 efficient customer support.
  4. Wide range of methods for depositing and withdrawing funds.
  5. Decent analytical section.

Cons

  1. Trading commissions are above average.
  2. No trading accounts with market execution of orders (ECN or STP).
  3. Broker commission on fund withdrawals.

6. xChief

xChief Logo
Spread fromEURUSD0pips
Trading Assets
Forex Precious Metals Indices Energy Carriers Cryptocurrency Stocks
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead xChief review
6
About xChief
Founded in 2014
Countries of registration:
km Flag
Regulators:
MISA
xChief Logo
6
★4.1/5
xChief review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
Regulators:
MISA
Trading Assets
ForexPrecious MetalsIndicesEnergy CarriersCryptocurrencyStocks
Trading Platforms
MetaTrader 4MetaTrader 5
compare xChief trading accounts

xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.

Pros and Cons of xChief

Pros

  1. A wide range of trading instruments.
  2. Availability of cent and PAMM accounts.
  3. Tight spreads and low commission per transaction.
  4. Scalping and algorithmic trading allowed.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Weak analytical section.
  3. No educational courses and webinars for beginner traders.

7. Alpari

Alpari Logo
Spread fromEURUSD0pips
Trading Assets
Forex Indices Cryptocurrency Precious Metals Energy Carriers Stocks
Trading Platforms
MetaTrader 5 MetaTrader 4
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Alpari review
7
About Alpari
Founded in 1998
Countries of registration:
km Flag
by Flag
Regulators:
MISAНБ РБ
Alpari Logo
7
★4.1/5
Alpari review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
km Flag
by Flag
Regulators:
MISAНБ РБ
Trading Assets
ForexIndicesCryptocurrencyPrecious MetalsEnergy CarriersStocks
Trading Platforms
MetaTrader 5MetaTrader 4
compare Alpari trading accounts

Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.

Overall, Alpari is an excellent choice for beginners and professional traders.

Pros and Cons of Alpari

Pros

  1. A wide range of trading accounts.
  2. Flexible conditions for depositing and withdrawing funds.
  3. Diversity of trading platforms.

Cons

  1. Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
  2. Fees for fund withdrawal and inactivity charges.
  3. Limited choice in terms of different asset classes.

8. LiteFinance

LiteFinance Logo
Spread fromEURUSD0pips
Trading Assets
Forex Commodities Stocks Indices
Trading Platforms
MetaTrader 4 MetaTrader 5 cTrader
★4.1/5
Register80% of retail investors lose money when trading CFDs with this brokerRead LiteFinance review
8
About LiteFinance
Founded in 2004
Countries of registration:
vc Flag
cy Flag
Regulators:
SVGFSACySEC
LiteFinance Logo
8
★4.1/5
LiteFinance review
Register80% of retail investors lose money when trading CFDs with this broker
Countries of registration:
vc Flag
cy Flag
Regulators:
SVGFSACySEC
Trading Assets
ForexCommoditiesStocksIndices
Trading Platforms
MetaTrader 4MetaTrader 5cTrader
compare LiteFinance trading accounts

LiteFinance is a broker that actively invests in analytical and educational resources, providing its clients access to the economic calendar, daily forecasts, and analytics from Claws&Horns. These resources can significantly assist traders in developing their trading skills and strategies. The 24/7 technical support ensures that help is always on hand when needed, which is especially valuable for beginners and those who trade in various markets worldwide.

LiteFinance will be most suitable for beginner and intermediate-level traders who can make the most of the educational and analytical resources offered. It will also suit those who prefer to use standard trading platforms and do not plan to trade cryptocurrencies or soft commodities actively.

Pros and Cons of LiteFinance

Pros

  1. A variety of analytical tools.
  2. Extensive educational materials.
  3. 24/5 technical support.

Cons

  1. High trading fees.
  2. Lack of certain trading assets.

9. FIBO Group

FIBO Group Logo
Spread fromEURUSD0pips
Trading Assets
Forex Cryptocurrency Precious Metals Energy Carriers Soft Commodities Indices
Trading Platforms
MetaTrader 4 cTrader MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FIBO Group review
9
About FIBO Group
Founded in 1998
Countries of registration:
vg Flag
Regulators:
BVIFSC
FIBO Group Logo
9
★4.1/5
FIBO Group review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vg Flag
Regulators:
BVIFSC
Trading Assets
ForexCryptocurrencyPrecious MetalsEnergy CarriersSoft CommoditiesIndices
Trading Platforms
MetaTrader 4cTraderMetaTrader 5
compare FIBO Group trading accounts

FIBO Group is suitable for various types of traders, including beginners and experienced ones. The broad selection of accounts and trading platforms allows every trader to find an appropriate solution. Additionally, educational materials and analytics will aid in skill development and making informed trading decisions.

The broker offers competitive trading conditions, various instruments, and robust support. However, fees and the absence of certain assets may limit its potential.

Pros and Cons of FIBO Group

Pros

  1. A wide selection of trading and investment accounts.
  2. Low spreads, which facilitates more profitable trading.
  3. A wide range of payment methods.
  4. Availability of various trading platforms.
  5. Comprehensive analytics and educational materials.

Cons

  1. An inactivity fee.
  2. Withdrawal fees.
  3. The absence of stocks and ETFs in the range of instruments.

10. Grand Capital

Grand Capital Logo
Spread fromEURUSD0.4pips
Trading Assets
Forex Indices ETF Stocks Bonds Precious Metals Energy Carriers Soft Commodities Cryptocurrency
Trading Platforms
MetaTrader 4 WebTrader MetaTrader 5
★4/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Grand Capital review
10
About Grand Capital
Founded in 2006
Countries of registration:
vc Flag
sc Flag
Regulators:
SVGFSA
Grand Capital Logo
10
★4/5
Grand Capital review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
sc Flag
Regulators:
SVGFSA
Trading Assets
ForexIndicesETFStocksBondsPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 4WebTraderMetaTrader 5
compare Grand Capital trading accounts

Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.

Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.

Pros and Cons of Grand Capital

Pros

  1. Diversity of trading account types.
  2. Tight spreads.
  3. A wide range of trading assets.
  4. Multilingual support 7 days a week, 24 hours a day.

Cons

  1. It is not regulated by leading financial regulators.
  2. High swaps.
  3. Lack of MetaTrader alternatives.

Forex Broker Availability and Safety Considerations in Iran

Forex is a global market, but brokers provide service under specific legal frameworks and internal compliance rules. For traders in Iran, availability may be restricted, and conditions (such as onboarding, supported payment methods, and account verification requirements) can differ significantly.

To reduce risk when choosing among forex trading platforms, pay special attention to:

  • Regulation and transparency: Prefer brokers with well-known oversight in reputable jurisdictions (where accessible to you).
  • Client protection: Clear policies on segregated funds, negative balance protection, and complaint handling.
  • Execution quality: Stable pricing, low slippage on major pairs, and reliable order handling.
  • Total trading costs: Spreads + commissions + swap/rollover fees (if you hold overnight).
  • Withdrawals & support: Documented withdrawal process and responsive customer service.

How We Compiled the List of the Best Forex Trading Platforms in Iran

The selection of the best forex brokers was based on well-balanced criteria:

  1. The ranking of brokers is done considering our Forex brokers list.
  2. The best brokers received high scores according to our methodology.
  3. Traders should always confirm account eligibility and local compliance before opening an account.

These standards help ensure that the brokers on our list meet reliability and usability expectations and provide conditions necessary for informed decision-making.

FAQ

Can Iranians use forex?

Access to forex trading depends on local rules and each broker’s compliance policies. Some brokers may restrict accounts for residents of Iran. Always check eligibility during registration and follow all applicable laws and broker requirements.

Who is the best forex broker?

There isn’t one universal “best” broker for everyone. The best choice depends on what you value most - lowest costs, strongest platform tools, best execution, or the widest market range. Use our rankings as a shortlist, then compare fees, platforms, and account terms.

Which forex trading platform is best?

For many traders, MetaTrader (MT4/MT5) is popular for charting and automation, while proprietary platforms can offer better research tools and smoother usability. The “best” platform is the one that matches your strategy (manual, automated, scalping, swing) and runs reliably for you.

Is $100 enough to start forex trading?

It can be enough to learn the basics (especially with micro lots), but it also increases pressure because costs and normal price swings matter more. Many traders start with a demo account first, then use a small live deposit only after they can manage risk consistently.

Can Muslims trade forex?

This depends on personal beliefs and how the account is structured (for example, how interest/rollover is handled). Some brokers offer “swap-free” account types, but terms vary. If this matters to you, review the broker’s conditions carefully and seek guidance from a trusted advisor in your community.

Is forex trading gambling?

It can become gambling if decisions are random or driven by emotion. It’s closer to speculation when you use analysis, a trading plan, and strict risk management. The difference is consistency, process, and risk control.

What’s the difference between Forex and CFD trading in Iran?

Forex trading focuses on currency pairs, while CFDs (Contracts for Difference) allow you to speculate on price movements across multiple markets like indices, commodities, stocks, and even crypto (where available). If you want to compare providers and learn how CFD conditions differ from classic FX accounts, see our guide to best CFD trading platforms in Iran.

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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Risk disclosure:All information provided on the IamForexTrader.com website is for informational purposes only and should not be considered as an encouragement or recommendation for investing funds. We strongly advise all users of this website to be aware that trading in Forex and CFD markets carries a high level of risk. According to research, 75%-89% of clients incur financial losses, while only 11%-25% of traders manage to make a profit. Therefore, invest only the funds you are willing to risk losing. IamForexTrader.com does not offer financial services, including investment advisory services, and is not a broker. Consequently, we do not accept funds for trading in the Forex and CFD markets. Our mission is to provide information about brokers and markets to help users make an informed choice based on the analysis of various data.

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