27 Best Forex Brokers in Sierra Leone.
Finding the list of the Best Forex Brokers in Sierra Leone and worldwide can be a difficult process, especially finding a list of trustworthy brokers who accept Sierra Leone traders and who allow these traders to invest in their currency, Sierra Leone(Le) .
Sierra Leone , informally known as Salone , is a country on the southwest coast of West Africa which is bordered by Liberia to the southeast and Guinea to the northeast, with a population of over 7 million prospective traders (in 2022).
Rich in minerals, Sierra Leone has relied on mining, especially diamonds , for its economic base which falls perfectly into the world of Forex Trading . Trading in Forex is allowed in Sierra Leone as to conduct business currency must be exchanged. Traders can make their choice of Forex Broker from a long list of globally recognized and well-regulated firms .
Here are our 10 Best Handpicked Forex Brokers in Sierra Leone.
Here is an overview of the 27 Best Forex Brokers and Trading Platforms available to traders in Sierra Leone.
IQ Option.
IQ Option is a forex & binary options broker with offices based in the UK, Cyprus, and the Seychelles, and regulated by the FCA and CySEC . IQ Option offers traders three trading account to choose from, Retail, Professional and Demo.
IQ Option offers the following underlying assets for FX trading .
90+ Currency Pairs Based on major and minor world currencies . 17 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Zcash, Qtum, Cardano, OmiseGo, Stellar, EOS, IOTA, NEO, NEM, TRON . 5 Indices CFDs Based on baskets of different blue-chip stocks. 3 Metal CFDs Based on Gold , Silver and Platinum. 2 Energy CFDs Based on Crude Oil (WTI, Brent). 1 Soft CFD Based on Wheat. 130+ Stock CFDs Based on shares of US, UK and EU companies. 28+ ETF CFDs Based on exchange-traded funds containing various tradable assets.
IQ Option offers the following underlying assets for Binary Options trading (unfortunately, not available for EU residents).
30+ Currency Pairs Based on major and minor world currencies. 2 Indices BOs Based on DFMGI, TelAviv-25. 2 Metal BOs Based on Gold and Silver. 20+ Stock BOs Based on shares of US companies.
Payment methods accepted include all the usual options like VISA, MasterCard, Skrill and Neteller, plus a range of other online money transfer services, including AstroPay, Qiwi, and WebMoney. IQ Option’s trading platform is web-based and supports both binary options and forex & CFD trading within the same user interface.
Customer support is available 24/7 via email and local phone numbers in 13 countries.
Olymp Trade.
Olymp Trade was Established in 2014 and boasts over 25k active traders each day. Olymp Trade is regulated by the International Financial Commission (IFC) and headquartered in St. Vincent and the Grenadines.
Apart from the demo account , there are two different accounts on offer – Standard and VIP. The Olymp Trade platform is the only trading platform on offer and can be accessed via the web, a dedicated desktop application (available for Windows and Mac), and a smartphone/tablet app (available for Android/iOS).
Olymp Trade offers users the opportunity to trade in the following markets:
Stocks Commodities ETFs Currencies Cryptocurrency.
Customer Service is available via 24/7 via phone, email and their website.
Alpari.
Alpari International is the business name of Exinity Limited which is by the Financial Services Commission (FSC) of the Republic of Mauritius and offers traders more than 250 tradable assets across Forex, Stocks, Indices, Metals, Cryptocurrencies and Futures , across the MetaTrader suite of trading platforms.
Four main types of trading accounts are on offer: Standard MT4, Micro MT4, Pro MT4 and ECN MT4/5. A Stocks Trading account, as well as a swap-free account, the use of a free demo trading account and an Alpari Invest account is also made available.
Customer support is available 24/5 via Live Chat, Telegram, Email and phone.
OctaFX.
OctaFX is a Forex ECN broker registered by CySEC in St. Vincent and the Grenadines and offers the option to trade on Forex, Indices, Metals and Cryptocurrencies via CFDs, across the MetaTrader and cTrader suite of trading platforms as well as their own OctaFX Trading App .
Three main types of trading accounts are on offer – MetaTrader 4 Micro, MetaTrader 5 Pro and cTrader ECN. OctaFX also offers Copy Trading accounts , a swap-free account and demo trading accounts . OctaFX offers 24/5 customer support via Live Chat, Email, Phone, WhatsApp and an Enquiry Form across multiple languages including English, Indonesian, Hindi, Chinese and more.
HotForex.
HotForex was established in 2007 is well regulated by FCA, CySEC, DFSA, FSCA and SFSA .
The HotForex MT5 Terminal offers 21 different timeframes, superior analysis tools, trading across HotForex asset classes, close to 100 simultaneous charts, hedging and one-click trading and 80+ technical indicators plus an in-built economic calendar.
The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical indicators.
Hotforex’s Metatrader offers a fast order execution, news feed, multiple order types, support for EAs.
Key features include:
Supports: MT4, MT5 for desktop, web & mobile Minimum deposit: US Dollar 5 Leverage: 1:1000 Trading Instruments: Forex, Cryptocurrencies, CFDs on Stock Indices, Commodities, metals.
Customer support is available via phone and email.
Tickmill.
Tickmill is a Forex and CFD broker with licences from the UK Financial Conduct Authority (FCA) , the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA). Tickmill offers trading on 80+ markets covering Forex, Indices, Commodities and Bonds on the MetaTrader 4 trading platform for Windows, Mac, Web, Android and iOS.
Three main trading accounts called the Pro Account, Classic Account and VIP Account is on offer, each which offers different minimum balances, maximum leverage, spreads and commissions respectively. Demo trading and Islamic swap-free accounts are also made available.
Multilingual client service is available via Telephone, Email, Online Contact Form and Live Chat.
eToro.
eToro is a leading social trading platform for trading major financial markets including stocks, forex and cryptocurrencies . eToro is regulated by FCA, CySEC and ASIC .
eToro only offers one account type with over 1,083 different instruments to trade , including over 47 currency pairs . The minimum deposit for said account differs by country. eToro offers traders a proprietary trading platform that allows both individua l and social trading .
eToro supports a wide range of languages including English, German, Spanish, French, and Italian via phone and support ticket.
Leverage: 1:30 to 1:888 *Depends on the entity of the group.
Regulation: CySEC, ASIC, IFSC.
Min. Deposit: USUS Dollar 5.
HQ: Cyprus , Australia, Belize.
Platforms: MT4, MT5, XM WebTrader.
Founded in: 2009.
XM operates with clients from over 196 countries and offers support in 30 languages. The main branch located in Cyprus is regulated by CySEC . 1.5 Million Traders and investors choose XM and their wide range of XM trading products on offer. F our main account types are on offer – Micro, Standard, XM Ultra Low Account and Shares Accounts . Traders can select the base currency of their preference from a large selection on offer. This range includes South African Rand (ZAR), Singapore Dollar (SGD) and other global currencies.
Customer Support is available via live chat, email and phone.
IC Markets.
IC Markets is a regulated Forex ECN and CFD broker which offers more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks and Futures on the MetaTrader 4, MetaTrader 5 and cTrader platforms for desktop, web and mobile. IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) , the Cyprus Securities and Exchange Commission (CySEC) , as well as the Seychelles Financial Services Authority (FSA) .
IC Markets offers traders three main types of live trading accounts to choose from, including Raw Spread (cTrader), Raw Spread (MetaTrader) and the Standard Account (MetaTrader). Islamic swap-free accounts and the use of a free demo trading account is also on offer.
Customer support is available 24/7 via Live Chat, Phone and Email.
Exness.
Exness is authorised by the Financial Services Authority (FSA) of Seychelles and was founded in 2008. Traders have the ability to trade on Forex and CFDs on Crypto, Metals, Energies, Stocks and Indices on the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Linux, Android and iOS and the Exness Web Terminal.
Exness offers traders 5 different trading accounts to choose from. Standard Accounts include the Standard and Standard Cent. Professional Accounts include Raw Spread, Pro and Zero. Demo accounts and Islamic swap-free accounts are also available. Exness offers over 105 different instruments to trade, including over 103 currency pairs.
Exness supports a wide range of languages including English, Russian, Chinese, Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, Tamil, Vietnamese, Thai, Korean, and Spanish via Live Chat and Email.
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NordFX.
NordFX is a forex broker located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC) . NordFX offers Forex trading with specific accounts for each type of trader, including Zero accounts which offers spreads from 0 pips, while the Crypto account offers optimal cryptocurrency trading . Types of trading accounts are – Fix, Pro, Zero, and Stocks.
Trading instruments on offer ranges from more than 30 currency pairs , the popular precious metals gold & silver, 11 major cryptocurrency pairs , plus CFDs based on Brent oil and stock indices such as Dow Jones 30, S&P 500, DAX 30, NASDAQ 100, and NIKKEI 225.
NordFX offers customer support via Email, Telephone and a 24/5 Live Chat function plus an Online Contact Form available on their website.
IronFX.
IronFX is the trade name of Notesco Limited which is based in Bermuda, Regulated By ASIC, CySEC, FCA and offers a multi-asset class Forex and CFD trading experience with 7 different account types to trade on over 200 financial instruments which covers Forex, Metals, Indices, Commodities, Futures and Shares on the MetaTrader 4 trading platform for PC, Mac, Web, Android and iOS.
The 7 different account types on offer are: The Micro, Premium, VIP and Zero Fixed Accounts offer live floating/ fixed spreads . The No Commission, Zero Spread and Absolute Zero Accounts offer STP/ECN trading. A free demo trading account plus a swap-free account is also on offer. IronFX offers users the ability to trade on the MetaTrader 4 trading platform for PC, Mac and Web and mobile devices.
IronFX provides customer support 24/5 via email, live chat, a telephone support line and an FAQ section.
Roboforex.
Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading. RoboForex is authorized and regulated by the International Financial Services Commission ( IFSC ) with license number IFSC/60/271/TS.
When starting off with Roboforex traders will need to make a minimum deposit of US Dollar 1 and there is an option available for a demo account for those who would like to get acquainted with the platform. Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs. Roboforex offers over 100 instruments and over 35 currency pairs in total.
Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders. Roboforex also offer mobile apps for Android and iOS.
Roboforex Trading benefits:
Allows scalping Allows hedging Offers STP Low min deposit.
Roboforex Trading Accounts include – Demo, Micro, Mini, Standard, Zero, ECN, STP and Islamic.
Customer support is available via phone, Webchat, Wechat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.
FBS is a Forex and CFD broker offering to trade on Forex, Indices, Stocks, Metals and Energies on the MetaTrader 4, MetaTrader 5 and FBS Trader trading platforms for PC, Mac, Web, Android and iOS with a maximum 1:3000 leverage. FBS is regulated by CySEC and IFSC .
FBS offers traders a choice of four accounts and all accounts offer market execution and the chance to trade in micro lots in Cent accounts for more precise risk management.
Account type Minimum deposit Minimum trade size Maximum leverage Spreads Cent US Dollar 1 0.01 lot 1:1000 from 1 pip Standard US Dollar 100 0.01 lot 1:3000 from 0.5 pips Zero Spread US Dollar 500 0.01 lot 1:3000 0 pips + US Dollar 20/lot Micro US Dollar 5 0.01 lot 1:3000 fixed, from 3 pips ECN US Dollar 1000 0.1 lot 1:500 from -1 pip + US Dollar 6/lot.
FBS offers customer support 24 hours a day, 7 days a week via a Call-back service, online Live Chat, Telegram, Viber and Facebook Messenger.
Admiral Markets.
Admiral Markets is an online broker which was founded in 2001 and offers Forex and CFDs trading, is globally recognized and has a head office based in the UK. Traders will need a minimum deposit of US Dollar 200 to start and can sign up for a demo account in over 148 instruments and over 40 currency pairs .
Admiral Markets is authorized and regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC) and the Estonian Financial Supervision Authority (EFSA).
Admiral Markets Trading benefits include:
Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection.
Admiral Markets Trading Accounts Offered:
Demo account Micro account Mini account Standard account ECN account STP account.
Admiral Markets offers both of the MetaTrader platforms; MT4 and MT5 and mobile apps for Android and iOS . Admiral Markets offers multilingual customer support via Telephone, Live Chat and Email.
BDSwiss.
BDSwiss is a Forex and CFD broker which offers over 250 instruments to trade on covering Forex, Commodities, Cryptocurrencies, Indices and Equities , from 3 account types on the MetaTrader 4 and MetaTrader 5 platform. BDSwiss is well regulated by CySEC and offers traders 3 types of accounts – Basic , Raw , and Black VIP . These accounts come with a minimum deposit of US Dollar 100 accept the Raw account which has a monthly subscription fee of between US Dollar 1 and US Dollar 79 .
BDSwiss offers both full demo and Islamic accounts are available and traders can fund their account through wire transfer deposits as well as through credit card and deposits which are fee free in most cases.
BDSwiss offers multilingual customer support 24/5 via Live Chat, Telephone, Email, Call Back, WhatsApp, Telegram and an FAQ section.
Trading 212.
Trading 212 are an online broker which was founded in 2006 and offers Stocks trading, Forex trading, Commodities trading, and Indices trading. Trading 212 are a global broker and has a head office situated in UK.
Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Used by over 14,000,000 traders. Trading 212 are the UK’s number one trading and investment app with over 14,000,000 downloads, thus a large userbase but is not available in the following countries: US.
Trading 212 Trading benefits:
Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection.
Trading 212 Trading Accounts Offered:
Invest account ISA account CFD account Demo account.
Trading 212 offers an outstanding, highly responsive customer service team available 24 hours a day across a variety of platforms and in 16 different languages.