Best CFD Brokers and Trading Platforms in Iraq 2026
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top CFD brokers in Iraq based on our analysis:
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AvaTrade - Best CFD broker in Iraq - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 3
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Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 5
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 6
Moneta Markets - Wide selection of instruments. Modern trading platforms. High order execution speed. - 7
IFC Markets - A wide range of trading assets. Variety of trading platforms. Educational materials for traders of all experience levels. - 8
- 9
InstaForex - Large selection of trading instruments. PAMM accounts and the ForexCopy automatic trade copying service for passive income. 24/7 efficient customer support. - 10
LiteFinance - A variety of analytical tools. Extensive educational materials. 24/5 technical support.
These brokers accept clients from Iraq and offer competitive conditions for CFD trading across global markets.
Comparison of the Best CFD Brokers in Iraq
| Broker | AvaTrade | XM | IC Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 2009 | 2007 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Belize, Cyprus, Australia, South Africa, United Arab Emirates, Mauritius, Seychelles | Seychelles, Australia, Cyprus, Kenya |
| Regulators | |||
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
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| Review | AvaTrade Review | XM Review | IC Markets Review |
| Broker Comparison | |||
| 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 |
Best CFD Trading Platforms in Iraq 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. 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
- Inactivity fee.
- Standard account has a higher spread than the market average.
3. IC Markets
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
4. 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.
5. 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.
6. Moneta Markets
Moneta Markets is a modern broker offering a full range of Forex and CFD services. It facilitates both self-directed trading and copy-trading investments.
Traders benefit from multiple account types featuring low spreads, permitted scalping, and fast execution. This stable technical platform is bolstered by regular analytics, valuable services, and swift withdrawals.
Pros and Cons of Moneta Markets
Pros
- Wide selection of instruments.
- Modern trading platforms.
- High order execution speed.
- Attractive ECN account conditions.
Cons
- A deposit of at least $500 is required to access the educational course and advanced analytical tools.
7. IFC Markets
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
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
8. Admirals
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
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
9. InstaForex
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
- Large selection of trading instruments.
- PAMM accounts and the ForexCopy automatic trade copying service for passive income.
- 24/7 efficient customer support.
- Wide range of methods for depositing and withdrawing funds.
- Decent analytical section.
Cons
- Trading commissions are above average.
- No trading accounts with market execution of orders (ECN or STP).
- Broker commission on fund withdrawals.
10. LiteFinance
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
- A variety of analytical tools.
- Extensive educational materials.
- 24/5 technical support.
Cons
- High trading fees.
- Lack of certain trading assets.
What Is CFD?
Contracts for Difference (CFDs) are financial derivatives that allow traders to speculate on the price movements of underlying assets without owning them directly. With CFDs you can trade price movements on forex pairs, stocks, indices, commodities, cryptocurrencies, and more through a single trading account.
How CFDs Differ From Other Financial Instruments
In traditional investing you buy and hold the underlying asset, such as a share or a physical commodity. With CFD trading, you enter into a contract with a broker to exchange the difference in an asset’s price between the opening and closing of the trade.
This structure lets traders profit from both rising and falling markets by going long (buy) or short (sell). CFDs usually provide leverage, so you can control a larger position with a smaller deposit (margin), which magnifies both profits and losses.
Pros and Cons of CFD Trading
Advantages
- Leverage: Trade larger positions with a relatively small initial margin.
- Flexibility: Ability to profit from both upward and downward price moves.
- Diverse Markets: Access to many asset classes through one CFD provider and platform.
- Efficient Costs: Tight spreads and low commissions compared with many traditional stockbrokers.
Disadvantages
- High Risk: Leverage can quickly amplify losses beyond your expectations.
- Complexity: Successful trading requires understanding of markets, risk management, and trading strategies.
- Ongoing Costs: Overnight financing and other fees can add up for longer-term positions.
- Regulatory Differences: CFD rules and protections vary by country and by broker licence.
Key Factors to Consider When Choosing a CFD Broker in Iraq
Selecting the right broker is critical to your long-term results. When comparing top CFD brokers in Iraq, pay attention to:
- Regulation and Security. Choose brokers regulated by reputable authorities such as the FCA (UK), CySEC (Cyprus), ASIC (Australia), or similar top-tier regulators. Most CFD brokers that accept clients from Iraq are supervised abroad rather than by a local Iraqi regulator, so strong international licences, segregated client funds, and negative balance protection are especially important.
- Trading Fees and Overall Costs. Compare spreads, commissions, and overnight financing charges. For active traders, even small differences in spreads on popular instruments can make a big impact. Always check whether the broker charges extra fees for deposits, withdrawals, or inactivity.
- Trading Platforms and Tools. Look for reliable and user-friendly platforms such as MetaTrader 4/5, cTrader, or the broker’s own proprietary platform. Advanced charting, one-click trading, copy-trading options, and mobile apps are all valuable features when evaluating the best CFD trading platforms.
- Asset Selection. Make sure the broker offers the CFDs you need: major and minor forex pairs, global stock indices, key commodities like gold and oil, popular shares, and possibly cryptocurrencies. A broad range of markets helps diversify your strategy and reduces over-reliance on a single asset.
- Customer Service and Local Support. Responsive, knowledgeable support via live chat, email, or phone is crucial, especially when you have technical issues or questions about your account. Some brokers offer Arabic-language support or materials that can be helpful for Iraqi traders.
- Education and Research. High-quality CFD providers invest in education: trading courses, webinars, video tutorials, and in-depth market analysis. These resources are extremely useful if you are still learning or want to refine your strategy.
How Was the List of the Best CFD Brokers in Iraq Compiled?
To prepare this ranking, we followed a clear and transparent methodology designed to highlight only trusted, high-quality brokers for Iraqi traders:
- We started from our global database of Forex brokers and filtered it to find companies that accept residents of Iraq.
- Each broker was tested on real or closely simulated accounts, assessing execution quality, spreads, swaps, platform stability, and ease of use.
- Particular emphasis was placed on security: strength of regulation, history of operations, handling of client funds, and availability of negative balance protection.
- We evaluated CFD trading conditions specifically, including the range of CFD markets, leverage options, order types, and risk-management tools.
- Finally, we considered the overall value for Iraqi clients - deposit and withdrawal methods, minimum deposit, account currencies, and availability of Arabic or English-language support.
By applying these criteria, we created a focused list of top CFD brokers in Iraq that combines safety, competitive pricing, and powerful trading platforms, giving traders a solid starting point when choosing a broker.
FAQ
Is CFD trading legal in Iraq?
CFD trading is accessible to many residents of Iraq through international brokers regulated in other countries. However, local rules can change, and regulation is not as clearly defined as in markets like the UK or EU. Before opening an account, you should check the latest laws in Iraq and, if needed, consult an independent legal or tax adviser.
What is a CFD provider?
A CFD provider is a financial company or broker that offers Contracts for Difference on various markets. The provider quotes prices, executes your trades, and manages your account. When choosing a CFD provider in Iraq, prioritise firms with strong foreign regulation, transparent pricing, and clear risk disclosures.
Which CFD account is best for beginners?
For beginners, a simple account with fixed or low variable spreads, no complicated commission structure, and negative balance protection is usually best. Many of the best CFD brokers in Iraq offer standard accounts with modest minimum deposits and access to educational tools, which are suitable for new traders.
What is the best CFD trading platform for Iraqi traders?
There is no single “best” platform for everyone, but MetaTrader 4/5 and some modern proprietary platforms are popular because they offer stable execution, advanced charts, and automated trading. The ideal platform is one that is easy for you to use, supports your strategy, and is offered by a well-regulated broker.
Who is the world’s No. 1 CFD provider?
Rankings depend on the criteria used - such as trading volume, number of clients, or range of products. Several large international brokers compete for this position. Rather than chasing the “No. 1” label, Iraqi traders should focus on finding a CFD provider that fits their needs in terms of regulation, fees, platforms, and available markets.
Which CFD broker has the best spreads?
Spreads vary between brokers and even between different account types at the same broker. Some offer very tight raw spreads plus a small commission, while others build their fees into slightly wider spreads. When comparing top CFD brokers in Iraq, review real-time spreads on the instruments you trade most frequently and consider total cost (spreads + commissions + swaps).
Is CFD trading halal or haram?
Opinions among Islamic scholars differ. Some consider conventional CFD trading haram because it involves speculation, leverage, and overnight interest charges. Many brokers that serve Muslim clients offer “swap-free” or Islamic accounts that remove interest-based charges, but this does not automatically make all aspects of CFD trading halal. If this is important to you, discuss the details with a trusted religious adviser.
Can I make $1,000 per day from CFD trading?
Earning $1,000 per day from CFDs is theoretically possible but extremely difficult and risky. High daily targets usually encourage over-leveraging and emotional decisions. Most traders, especially beginners, should focus on learning, managing risk, and aiming for consistent, realistic returns rather than fixed daily profit goals.
Are demo accounts available for practicing CFD trading?
Yes, most reputable CFD brokers offer free demo accounts with virtual funds. This is an excellent way to test a trading platform, explore different strategies, and understand how leverage works before risking real money with a live account.
What is the difference between Forex and CFD trading, and can I use the same broker in Iraq for both?
Forex trading focuses on exchanging one currency for another (such as EUR/USD), while CFD trading allows you to speculate on the price movements of many instruments, including forex pairs, indices, commodities, stocks, and cryptocurrencies, without owning the underlying asset. Many international brokers that accept clients from Iraq offer both Forex and CFD trading on the same platform, so you can manage all your positions in one account. If you are mainly interested in currency trading, take a look at our guide to the best forex brokers in Iraq to find regulated brokers with competitive conditions for Iraqi traders.
