Best Forex Brokers in Libya 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top forex brokers in Libya based on our analysis:
- 1
AvaTrade - Best forex broker in Libya - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
ACY Securities - Robust regulation and segregated accounts at major Australian banks. A range of accounts featuring low spreads and competitive commissions. Excellent selection of trading platforms. - 3
PrimeXBT - Fast registration and verification. Tight spreads and low fees on crypto futures. Unified account for Forex, CFDs, cryptocurrencies, copy trading, and tournaments. - 4
AMarkets - A wide range of trading assets. Extensive analytical capabilities using modern tools and trading robots. No commissions on many operations. - 5
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 6
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 7
Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure. - 8
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 9NPBFX - A rich selection of analytical tools and resources. Extensive education section. A variety of trading account types.
- 10
xChief - A wide range of trading instruments. Availability of cent and PAMM accounts. Tight spreads and low commission per transaction.
Our Top-10 list of the top forex brokers for Libya is compiled using consistent criteria to help you compare safety, costs, and trading platforms available to traders in 2025.
Comparison of the Best Forex Trading Platforms in Libya
| Broker |  AvaTrade |  ACY Securities |  PrimeXBT |
|---|---|---|---|
| Rating | 4.7/5 | 4.6/5 | 4.4/5 |
| Foundation Year | 2005 | 2013 | 2018 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Saint Vincent and the Grenadines, South Africa | South Africa, Seychelles, El Salvador, Mauritius |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | ASIC ASIC SVGFSA SVGFSA FSCA FSCA | FSCA FSCA SFSA SFSA CNAD CNAD BCR BCR - FSC FSC |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0.1 points |
| Trading Assets (CFDs) |
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| Review | AvaTrade Review | ACY Securities Review | PrimeXBT Review |
| Broker Comparison | |||
| 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 Libya for 2026
1. AvaTrade
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
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. ACY Securities
ACY Securities is a reliable Australian broker offering high-quality services with transparent trading conditions. With strict regulation and a diverse range of trading instruments, the broker caters to both novice and experienced professionals, including enthusiasts of automated and copy trading. ACY is particularly appealing to traders who value low spreads, a broad mix of assets, and high-quality analytics.
Pros and Cons of ACY Securities
Pros
- Robust regulation and segregated accounts at major Australian banks.
- A range of accounts featuring low spreads and competitive commissions.
- Excellent selection of trading platforms.
- Over 1200 trading instruments: forex CFDs, stocks, ETFs, cryptocurrencies.
- High-quality analytics and a variety of educational resources.
- Convenient and swift deposit and withdrawal methods with no fees (first 3 withdrawals per month free).
Cons
- Lack of cent accounts and fixed spread accounts.
- No weekend support available.
3. PrimeXBT
PrimeXBT is an excellent platform for active Forex and cryptocurrency traders, scalpers, high-leverage enthusiasts, and those who value rapid registration, low fees, and integrated copy trading. The platform is particularly attractive if you combine margin trading on traditional markets with crypto futures, and do not require spot ETFs, bonds, or first-tier licenses (FCA/CySEC). Moreover, extensive tournaments, bonuses, and VIP discounts make it appealing for beginner traders looking to start without large deposits.
Pros and Cons of PrimeXBT
Pros
- Fast registration and verification.
- Tight spreads and low fees on crypto futures.
- Unified account for Forex, CFDs, cryptocurrencies, copy trading, and tournaments.
- No inactivity fees.
- 3 free fiat withdrawals per month.
- 24/7 customer support.
Cons
- Second-tier regulation (FSA Seychelles, FSCA South Africa; no FCA/CySEC).
- Balance denominated only in USD – potential conversion costs.
- No telephone support.
4. AMarkets
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
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
5. RoboForex
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
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
6. FxPro
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
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
7. Deriv
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
- Simple and fast account opening process.
- A wide variety of account types cater to different trading needs.
- Low commission structure.
- A wide range of trading platforms.
- High-quality technical support with fast and effective responses.
Cons
- Some essential asset classes are absent, and a limited number of CFDs on stocks exist.
- Educational materials are confined to a blog and lack comprehensive learning resources.
8. XM
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
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
9. NPBFX
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
- A rich selection of analytical tools and resources.
- Extensive education section.
- A variety of trading account types.
- Numerous available methods for depositing and withdrawing funds.
Cons
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
10. xChief
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
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Regulation in an offshore jurisdiction.
- Weak analytical section.
- No educational courses and webinars for beginner traders.
Regulation of Forex Brokers in Libya
Libya does not have a widely used, retail-focused forex licensing framework comparable to the UK (FCA) or Cyprus (CySEC). In practice, most Libyan traders access forex through international brokers regulated abroad, and the level of protection depends on which regulated entity you sign up with.
Because of that, “regulated in Libya” is rarely the key factor - the key factor is the foreign regulator and entity that will service your account.
What to check before opening an account:
- Which legal entity you are contracting with (exact company name + jurisdiction in the Terms/Legal docs).
- Regulator and license number of that entity (not just a logo on the homepage).
- Whether the broker explicitly accepts clients from Libya (some regulated entities restrict countries due to sanctions/compliance policies).
- Which protections apply under that entity: complaint process, client money rules, negative balance protection (where applicable), and any investor compensation scheme (if relevant to that jurisdiction).
- Funding/withdrawals available for Libya and the verification requirements.
If a broker cannot clearly show entity + regulator + license number for the account you will open, treat it as high risk and avoid depositing.
How We Compiled the List of Top Forex Brokers in Libya
We selected these best forex brokers using a consistent, repeatable process:
- We test broker trading conditions and score them using our methodology (safety, costs, execution, and overall trading experience).
- We prioritize brokers with transparent legal documentation, clear fee disclosures, and stable platform performance.
- We include brokers that are commonly accessible internationally and may accept Libyan traders (final availability must be confirmed on the broker’s signup flow and legal terms).
These standards help traders compare options more confidently and avoid low-transparency providers.
FAQ
Which broker is best for forex trading in Libya?
There isn’t one perfect broker for everyone. The best forex broker in Libya depends on your priorities (low fees, MT4/MT5, copy trading, fast funding/withdrawals, or beginner tools). Start with the Top-10 list above, then shortlist 2–3 brokers and compare: fees, platform, verification requirements, and whether they accept clients from Libya.
Is Forex trading legal in Libya?
Forex trading isn’t widely described as explicitly illegal for individuals in Libya, but access depends on broker compliance and payment restrictions. In practice, most traders use international brokers, so the key check is whether the broker accepts clients from Libya under the specific entity you’re registering with.
What leverage do forex brokers offer to Libyan traders?
Leverage depends on the broker and the entity that serves your account. Some regulators cap leverage for retail clients, while offshore entities may offer higher leverage. Higher leverage increases risk — use it carefully.
Is $100 enough to start forex?
It can be enough to learn with small position sizes, but it may limit risk management and strategy flexibility. Many traders start with a demo account first, then deposit a small amount once they understand spreads, margin, and drawdowns.
Do forex brokers offer Islamic (swap-free) accounts?
Many brokers offer swap-free options marketed as “Islamic accounts.” Terms vary (time limits, admin fees, product restrictions), so always read the conditions for your account type.
Is forex trading gambling or not?
Forex trading is generally not the same as gambling when it’s approached as a structured activity with analysis, risk management, and defined rules (position sizing, stop-loss, risk limits). It starts to resemble gambling when it becomes random, impulsive, or based on “all-in” behavior without a plan.
Is forex trading halal or haram?
There isn’t a single universal answer — views can differ by scholar and school of thought. Common concerns include:
- riba (interest): overnight swaps/financing can be problematic
- gharar (excessive uncertainty): highly speculative behavior can be an issue
- leverage and margin mechanics depending on how financing is structured
If this matters to you, look for a broker account structure that aligns with your principles (often swap-free accounts), read the contract terms carefully, and consider asking a qualified scholar to review the specifics of the broker’s account conditions.
