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  1. Home
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  3. Best Forex Brokers
  4. Puerto Rico
  1. Best Forex Brokers
How we make money

Best Forex Brokers in Puerto Rico for 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 best Forex brokers in Puerto Rico based on our analysis:

  1. 1
    Roboforex Logo
    Roboforex - Best Forex broker in Puerto Rico - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  2. 2
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  3. 3
    Deriv Logo
    Deriv - Simple and fast account opening process. A wide variety of account types cater to different trading needs. Low commission structure.
  4. 4
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  5. 5
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  6. 6
    IFC Markets Logo
    IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels.
  7. 7
    NPBFX Logo
    NPBFX - A rich selection of analytical tools and resources. Extensive education section. A variety of trading account types.
  8. 8
    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.
  9. 9
    FreshForex Logo
    FreshForex - Extensive experience (since 2004). Minimum deposit from $25. Wide selection of currencies and cryptocurrencies for accounts.
  10. 10
    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.

This comprehensive guide aims to assist you in selecting a broker that aligns seamlessly with your trading strategy while safeguarding your investments. Each broker featured here stands out for their exceptional offerings, cutting-edge technology, and robust security measures, ensuring an excellent trading experience in Puerto Rico's dynamic Forex market.

Comparison of the Best Forex Brokers in Puerto Rico

Roboforex
FxPro
Deriv
BrokerRoboforexFxProDeriv
Rating
4.4/5
4.4/5
4.3/5
Foundation Year200920062020
Regulated in CountriesBelizeUnited Kingdom, Cyprus, BahamasMalaysia, British Virgin Islands, Vanuatu, Saint Vincent and the Grenadines, Jersey, Malta
Regulators
  • BFSCBFSC
  • FCAFCA
  • CySECCySEC
  • FSCAFSCA
  • SCBSCB
  • LFSALFSA
  • BVIFSCBVIFSC
  • VFSCVFSC
  • SVGFSASVGFSA
  • JFSCJFSC
  • MFSAMFSA
Minimum Deposit
  • 10 EUR
  • 10 USD
  • 100 AUD
  • 100 CHF
  • 100 EUR
  • 100 GBP
  • 15000 JPY
  • 400 PLN
  • 100 USD
  • 1800 ZAR
  • 1 AUD
  • 1 EUR
  • 1 GBP
  • 1 USD
Trading Accounts
  • Pro
  • Pro-Cent
  • ECN
  • Prime
  • R StocksTrader
  • Standard
  • Pro Account
  • Raw+
  • Elite
  • cTrader
  • MT5 Financial
  • MT5 Derived
  • Deriv X
  • Deriv cTrader
Spreadfrom 0 pointsfrom 0 pointsfrom 0.5 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 5
  • MetaTrader 4
  • R WebTrader
  • R MobileTrader
  • R StocksTrader
  • MetaTrader 4
  • FxPro Edge
  • MetaTrader 5
  • cTrader
  • TradingView
  • MetaTrader 5
  • Deriv X
  • cTrader
ReviewRoboforex ReviewFxPro ReviewDeriv Review
Broker Comparison
  • Roboforex vs FxPro
  • Roboforex vs Deriv
  • FxPro vs Roboforex
  • FxPro vs Deriv
  • Deriv vs Roboforex
  • Deriv vs FxPro
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 Puerto Rico for 2026

Roboforex Logo
1
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
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
2
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
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
3
Foundation Year2020
Minimum Deposit
$1
4.3/5
Read Deriv reviewDeriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
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
4
Foundation Year2001
Minimum Deposit
$1
4.3/5
Read Admirals reviewAdmirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
Admirals Logo
4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
ActivTrades Logo
5
Foundation Year2000
Minimum Deposit
$1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
5
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
IFC Markets Logo
6
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
6
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
NPBFX Logo
7
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
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
8
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
8
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
FreshForex Logo
9
Foundation Year2003
Minimum Deposit
$25
4.1/5
Read FreshForex reviewFreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
FreshForex Logo
4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2003
Minimum Deposit
$25
FIBO Group Logo
10
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
10
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
Roboforex Logo
1
Foundation Year2009
Minimum Deposit
$10
4.4/5
Read Roboforex reviewRoboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
1
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
2
Foundation Year2006
Minimum Deposit
$100
4.4/5
Read FxPro reviewFxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
2
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
3
Foundation Year2020
Minimum Deposit
$1
4.3/5
Read Deriv reviewDeriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
3
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
4
Foundation Year2001
Minimum Deposit
$1
4.3/5
Read Admirals reviewAdmirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
4
Admirals Logo
4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
ActivTrades Logo
5
Foundation Year2000
Minimum Deposit
$1
4.3/5
Read ActivTrades reviewActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
5
ActivTrades Logo
4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
IFC Markets Logo
6
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
6
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
NPBFX Logo
7
Foundation Year2016
Minimum Deposit
$10
4.2/5
Read NPBFX reviewNPBFX review
RegisterTrading CFDs carries high risks. You may lose all invested funds
7
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
8
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
8
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
FreshForex Logo
9
Foundation Year2003
Minimum Deposit
$25
4.1/5
Read FreshForex reviewFreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
9
FreshForex Logo
4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2003
Minimum Deposit
$25
FIBO Group Logo
10
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
10
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

1. 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
1
About Roboforex
Founded in 2009
Countries of registration:
bz Flag
Regulators:
BFSC
Roboforex Logo
1
★4.4/5
Roboforex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
bz Flag
Regulators:
BFSC
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.

2. 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
2
About FxPro
Founded in 2006
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
FxPro Logo
2
★4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
uk Flag
cy Flag
bs Flag
Regulators:
FCACySECSCB
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.

3. 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
3
About Deriv
Founded in 2020
Countries of registration:
my Flag
vg Flag
vu Flag
vc Flag
je Flag
mt Flag
Regulators:
LFSABVIFSCVFSCSVGFSAJFSCMFSA
Deriv Logo
3
★4.3/5
Deriv review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
my Flag
vg Flag
vu Flag
vc Flag
je Flag
mt Flag
Regulators:
LFSABVIFSCVFSCSVGFSAJFSCMFSA
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.

4. 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
4
About Admirals
Founded in 2001
Countries of registration:
cy Flag
jo Flag
uk Flag
ee Flag
au Flag
za Flag
ke Flag
sc Flag
ca Flag
Regulators:
CySECJSCFCAEFSAASICFSCACMASFSACIRO
Admirals Logo
4
★4.3/5
Admirals review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
cy Flag
jo Flag
uk Flag
ee Flag
au Flag
za Flag
ke Flag
sc Flag
ca Flag
Regulators:
CySECJSCFCAEFSAASICFSCACMASFSACIRO
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.

5. ActivTrades

ActivTrades Logo
Spread fromEURUSD0.5pips
Trading Assets
Forex Stocks Indices Cryptocurrency Bonds Precious Metals Energy Carriers Soft Commodities ETF
Trading Platforms
MetaTrader 4 MetaTrader 5 ActivTrader TradingView
★4.3/5
Register81% of retail investors lose money when trading CFDs with this brokerRead ActivTrades review
5
About ActivTrades
Founded in 2000
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
ActivTrades Logo
5
★4.3/5
ActivTrades review
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
bs Flag
uk Flag
pt Flag
lu Flag
br Flag
Regulators:
SCBFCACMVMCSSFCONSOBCVM
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

6. 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
6
About IFC Markets
Founded in 2005
Countries of registration:
vg Flag
my Flag
Regulators:
BVIFSCLFSA
IFC Markets Logo
6
★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.

7. 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
7
About NPBFX
Founded in 2016
Countries of registration:
km Flag
Regulators:
MISA
NPBFX Logo
7
★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.

8. 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
8
About InstaForex
Founded in 2007
Countries of registration:
vg Flag
cy Flag
vc Flag
Regulators:
BVIFSCCySECSVGFSA
InstaForex Logo
8
★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.

9. FreshForex

FreshForex Logo
Spread fromEURUSD0pips
Trading Assets
Forex Stocks ETF Indices Cryptocurrency Precious Metals Energy Carriers
Trading Platforms
MetaTrader 4 MetaTrader 5
★4.1/5
RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FreshForex review
9
About FreshForex
Founded in 2003
Countries of registration:
vc Flag
Regulators:
SVGFSA
FreshForex Logo
9
★4.1/5
FreshForex review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
vc Flag
Regulators:
SVGFSA
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
compare FreshForex trading accounts

FreshForex is a broker with a long history in the market, a wide selection of trading accounts, high leverage, and an affordable minimum deposit. It is suitable for active traders who value flexibility in choosing trading instruments, are interested in high-risk strategies, and are willing to work with an offshore company without licenses from leading global regulators. Thanks to the availability of a demo account, a variety of analytical materials, and training courses, FreshForex may also be of interest to novice traders who want to hone their skills without making large investments.

Pros and Cons of FreshForex

Pros

  1. Extensive experience (since 2004).
  2. Minimum deposit from $25.
  3. Wide selection of currencies and cryptocurrencies for accounts.
  4. Various analytical and educational materials.

Cons

  1. No licenses from reputable regulators.
  2. High spreads and commissions on a number of instruments.
  3. No PAMM accounts or copy trading.
  4. No online chat or support via messengers.

10. 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
10
About FIBO Group
Founded in 1998
Countries of registration:
vg Flag
Regulators:
BVIFSC
FIBO Group Logo
10
★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.

Regulation of Forex Brokers in Puerto Rico

The regulatory framework for Forex and CFD brokers in Puerto Rico is robust and emphasizes the fairness and transparency of trading activities.

Key Regulatory Bodies in Puerto Rico

  • Office of the Commissioner of Financial Institutions (OCIF): The OCIF is the main regulatory authority responsible for supervising and regulating financial institutions, including Forex brokers. It ensures compliance with regulations to maintain the integrity of the financial system and protect investors' interests.

  • Puerto Rico Department of Consumer Affairs (DACO): The Department of Consumer Affairs contributes to the financial oversight and regulation of various financial activities, including those related to Forex trading. While its primary focus is on consumer protection and pricing regulations, it also plays a role in the broader regulatory environment affecting Forex markets.

How We Compiled the List of Top Forex Brokers in Puerto Rico

Our method for identifying the top Forex trading platforms in Puerto Rico involved a meticulous process and a comprehensive set of benchmarks:

  1. In-depth Research and Evaluation: We started by compiling an extensive list of Forex brokers that met our stringent criteria. Each broker has undergone a thorough and unbiased evaluation of their services and performance using our methodology.

  2. Regulatory Compliance: Priority was given to brokers regulated by recognized financial authorities, such as the Office of the Commissioner of Financial Institutions (OCIF), along with reputable international regulators like the FCA, ASIC, and CySEC. This ensures that the brokers operate transparently and adhere to strict financial standards.

  3. Trading Conditions and Platforms: We assessed brokers based on their trading conditions, including spreads, fees, minimum deposits, and the variety of trading instruments available. Additionally, we evaluated the quality and usability of their trading platforms, favoring those that offer 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 crucial factor, with emphasis on the availability of support in Spanish and accessible communication channels. We also considered brokers that offer localized services, such as websites and educational resources in Spanish, to better serve Puerto Rican traders.

  5. User Feedback: Genuine feedback from traders who have used these brokers firsthand was incorporated to provide a comprehensive view of each broker's strengths and weaknesses. This includes aspects such as ease of use, customer service experiences, and overall satisfaction.

By following this detailed process, we ensured that our list of top Forex brokers in Puerto Rico is reliable and tailored to meet the specific needs of Puerto Rican traders.

FAQ

Which is the safest Forex broker?

The safest Forex brokers are typically those regulated by reputable financial authorities such as the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the US Commodity Futures Trading Commission (CFTC). These brokers adhere to strict regulatory standards and practices to ensure the protection of traders' funds and the integrity of trading activities. For more information, you can check out the best regulated Forex brokers.

What is the best platform for Forex trading?

The best platform for Forex trading is subjective and depends on individual preferences. However, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely regarded as top choices due to their comprehensive charting tools, user-friendly interfaces, and extensive range of technical indicators. Other popular platforms include cTrader, TradingView, and proprietary platforms offered by brokers. For more details, you can explore Forex brokers TradingView.

What broker should I use as a beginner Forex trader?

As a beginner Forex trader, you should look for a broker that offers educational resources, a user-friendly platform, and excellent customer support. Brokers like FxPro, OANDA, and Dukascopy Bank SA are well-regarded for their comprehensive educational materials, easy-to-navigate platforms, and responsive support teams.

Is $500 enough to trade Forex?

Yes, $500 is enough to start trading Forex, especially with brokers that offer micro or mini accounts. These accounts allow you to trade smaller lot sizes, which helps in managing risk and gaining experience without needing a large initial investment. It's important to start with small positions and gradually increase as you gain more experience.

What is the best account type for beginners in Forex?

For beginners, a demo account is highly recommended to practice trading without risking real money. Once ready for live trading, a micro or mini account is ideal as it allows trading smaller positions, helping to manage risk effectively. Look for accounts with low minimum deposits and flexible trading conditions. For more information, you can check out the Forex broker's cents account list.

Can Forex traders be trusted?

Forex trading, like any other form of trading, involves risk. However, choosing a regulated and reputable broker can significantly reduce the risks associated with trading. Always do thorough research, check for regulatory compliance, and read reviews from other traders to ensure the trustworthiness of a Forex broker.

Can I trust these online brokers in Puerto Rico?

Yes, you can trust online brokers in Puerto Rico if they are regulated by reputable financial authorities. It is crucial to verify the broker's regulatory status, read reviews from other traders, and ensure they have a transparent operating history.

How Can I Make Money From Forex Trading?

Making money from Forex trading involves understanding the market, developing a solid trading strategy, and managing risk effectively. Start by gaining a thorough understanding of market analysis, including technical and fundamental analysis. Practice with a demo account set realistic goals, and continuously educate yourself. Consistent practice, discipline, and risk management are key to becoming a successful Forex trader.

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.

Disclaimer:IamForexTrader.com is not responsible for any trading decisions made by the Client and for any financial losses that may occur as a result of using the information provided on this website. Full version.

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