Best CFD Trading Platforms and Brokers in Mongolia 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best CFD brokers in Mongolia based on our analysis:
- 1
AvaTrade - best broker for CFD trading in Mongolia - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 3
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 4
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
- 7
- 8
FBS - Regulated by major international organizations. Low spreads and commissions. Wide range of trading assets. - 9
- 10
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
The brokers we have selected offer strong regulation, competitive fees, and advanced platforms, making them reliable choices for traders in Mongolia who want to access global markets via CFDs.
Comparison of the Best CFD Brokers in Mongolia
| Broker |  AvaTrade |  FP Markets |  Eightcap |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.5/5 |
| Foundation Year | 2005 | 2005 | 2015 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Australia, United Kingdom, Cyprus, Bahamas |
| 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 CySEC CySEC FSCA FSCA SVGFSA SVGFSA SFSA SFSA | ASIC ASIC FCA FCA CySEC CySEC SCB SCB |
| Minimum Deposit |
|
|
|
| Trading Accounts |
|
|
|
| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
|
|
|
| Trading Platforms |
|
|
|
| Review | AvaTrade Review | FP Markets Review | Eightcap 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 |
Best CFD Trading Platforms in Mongolia 2025
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. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
3. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
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. Plus500
Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.
Pros and Cons of Plus500
Pros
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
7. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
8. FBS
FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.
Pros and Cons of FBS
Pros
- Regulated by major international organizations.
- Low spreads and commissions.
- Wide range of trading assets.
- Extensive database of educational materials and analytical tools.
- Support for various trading platforms.
Cons
- Limited choice of trading accounts.
- Limited choice of account currency.
9. 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.
10. 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.
What Is CFD and How Do CFD Providers Work?
Contracts for Difference (CFDs) are financial derivatives that allow traders to speculate on price movements of underlying assets without owning them directly. With a CFD you agree with a broker or CFD provider to exchange the difference between the opening and closing price of an asset such as forex pairs, stocks, indices, commodities, or cryptocurrencies.
How CFDs Differ From Other Financial Instruments
In traditional investing you buy and hold the asset itself, hoping its value will rise over time. With CFDs you trade price movements only, which means you can speculate on both rising and falling markets. CFD trading brokers usually offer leverage, so you can control a larger position with a relatively small deposit (margin). However, leverage magnifies not only profits but also losses.
Pros and Cons of CFD Trading
Advantages
- Leverage: Trade larger positions with a smaller initial investment, which can increase potential returns.
- Flexibility: Ability to go long or short and potentially profit in both bullish and bearish markets.
- Wide Range of Markets: Many CFD providers offer thousands of instruments from one platform.
- Efficient Execution: Tight spreads and fast order execution are common with the best CFD brokers.
Disadvantages
- High Risk: Leverage can quickly amplify losses, and you may lose more than your initial deposit if you are not careful.
- Complexity: CFDs are more complex than simple spot trading and require solid risk management.
- Overnight Fees: Positions kept open overnight usually incur financing charges.
- Regulatory Differences: Mongolian residents often trade with international brokers, so rules and protections depend on the broker’s licensing jurisdiction.
Key Factors When Choosing CFD Trading Brokers in Mongolia
Selecting the right broker for CFD trading is crucial. Consider the following points before opening an account:
Regulation and Safety
Prefer CFD trading platforms that are authorised by well-known regulators such as the FCA (UK), CySEC (Cyprus), ASIC (Australia), or other top-tier authorities. Strong regulation helps ensure that the broker keeps client funds in segregated accounts, follows strict capital rules, and offers transparent terms for Mongolian traders.
Trading Fees and Overall Costs
Compare spreads, commissions, and any additional charges like overnight financing or inactivity fees. For active traders, even small differences in spreads between CFD providers can significantly affect long-term profitability.
Platforms and Tools
The best CFD trading platforms provide stable performance, intuitive interfaces, and advanced tools such as detailed charting, custom indicators, economic calendars, and one-click trading. Check whether the platform is available on desktop, web, and mobile so you can monitor positions from anywhere.
Range of Instruments
A good CFD provider should offer a broad selection of forex pairs, indices, stocks, commodities, and cryptocurrencies. This allows you to diversify your portfolio and focus on markets where you have an edge.
Funding Methods for Mongolian Traders
Look for brokers that support convenient deposit and withdrawal options for clients from Mongolia, such as international bank cards, e-wallets, or local payment systems. Also pay attention to processing times and potential currency conversion fees.
Customer Support and Education
Reliable customer support in English and, if available, other languages is essential. Educational materials – webinars, video tutorials, trading guides, and market analysis – help both beginners and intermediate traders improve their skills.
How Was the List of the Best CFD Brokers in Mongolia Compiled?
Our ranking of CFD trading platforms and brokers for Mongolian traders is based on a transparent and structured methodology:
- We started from our global database of Forex brokers and filtered it to include only companies that accept clients from Mongolia at the time of review.
- Each broker was tested on a live or demo account to evaluate spreads, execution, platform stability, and the overall user experience.
- We analysed how each CFD provider handles risk warnings, negative balance protection, and client-fund segregation.
- We compared the range of available markets, leverage levels, account types, and minimum deposits suitable for different strategies.
- Finally, we considered additional factors important for Mongolian residents, such as available payment methods, support quality, and regional restrictions on bonuses or promotions.
By applying these criteria, we highlight only those CFD trading brokers that combine strong safety standards with competitive trading conditions for clients from Mongolia.
FAQ
Which CFD trading platform is best for traders in Mongolia?
There is no single platform that is best for everyone, but the leading CFD trading platforms for Mongolian traders are usually those offered by well-regulated international brokers with tight spreads, fast execution, and a wide choice of markets. When comparing options, focus on regulation, trading costs, platform usability, and funding methods available in your region.
Is CFD trading legal for residents of Mongolia?
Yes, residents of Mongolia can legally trade CFDs with international brokers that accept clients from the country. However, Mongolia does not have a major domestic CFD regulator, so it is especially important to choose brokers supervised by reputable authorities abroad and to understand all risk disclosures before trading.
What is a CFD provider?
A CFD provider is a financial institution or broker that offers Contracts for Difference to retail and professional clients. The CFD provider quotes prices, executes your trades, and settles the profit or loss when you close a position. Good providers are tightly regulated, transparent about their pricing, and offer robust trading platforms.
Can I really make $1000 per day from CFD trading?
It is possible but highly unlikely and very risky for most traders. Making $1000 per day would usually require large positions and aggressive leverage, which can quickly lead to substantial losses. A more realistic approach is to focus on consistent risk management, modest profit targets, and long-term growth rather than trying to achieve fixed daily income from CFDs.
Which CFD broker has the best spreads?
Spreads vary by broker, asset class, and even time of day. Many of the best CFD brokers in Mongolia offer tight spreads on major forex pairs and popular indices, but wider spreads on exotic instruments. Before choosing a broker, compare typical spreads on the markets you plan to trade, not just the marketing claims on the homepage.
Is CFD trading high risk?
Yes, CFD trading is considered high risk. Because of leverage, small market moves can result in large gains or losses, and you can lose your entire deposit very quickly. Volatile markets, execution errors, and emotional decision-making increase this risk. Always trade with money you can afford to lose and use tools like stop-loss orders to manage downside.
How do CFD brokers and providers make money?
CFD providers mainly earn money through the spread – the difference between the bid and ask price. Some brokers also charge commissions on certain assets, overnight financing fees for leveraged positions, and sometimes currency conversion fees. Understanding the full cost structure will help you choose a cost-effective broker for CFD trading.
Do I need a large amount of capital to start trading CFDs from Mongolia?
Most CFD trading brokers allow you to open an account with a relatively small minimum deposit, and micro-lot trading is widely available. However, trading with very little capital while using high leverage can be dangerous. It is better to fund your account with an amount that allows sensible position sizes and proper risk management.
How do Forex brokers in Mongolia differ from CFD brokers?
Forex brokers mainly focus on spot currency trading, while CFD brokers allow you to speculate on price movements in multiple markets, including forex, indices, stocks, and commodities, often with leverage. Many firms offer both services under one platform. If you are primarily interested in currency trading, you can review our dedicated comparison of the best Forex brokers in Mongolia to find regulated brokers, typical spreads, and account conditions for local traders.
