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Best forex brokers in Equatorial Guinea in 2023

Top 10 forex brokers in Equatorial Guinea in 2023


  1. Fusion Markets is the best forex broker in Equatorial Guinea in 2023 - One of the lowest commissions on the market. Wide range of currencies. Low withdrawal fee.
  2. Capital.com - Low forex fees. Wide range of currencies. Superb account opening process.
  3. IC Markets - $3.5 commission per lot plus 0 spread. Wide range of currencies. Low withdrawal fee.
  4. Tickmill - $2 commission per lot plus low spread. Rich selection of currency pairs. Low withdrawal fee.
  5. Axi - $3.5 commission per lot plus low spread. Wide selection of currency pairs. AI-based analytical tool called PsyQuation.
  6. GO Markets - €2 commission per lot plus low spread. Low withdrawal fee. Low minimum deposit.
  7. ActivTrades - 0.5 pips average spread. Low withdrawal fee. No minimum deposit.
  8. Pepperstone - Decent currency pair selection. Great mobile trading platform. Outstanding education tools.
  9. TMGM - Free withdrawal. Decent currency pair selection. Leverage can be set manually.
  10. Vantage - Great currency pair selection. Free withdrawal and many options to take out funds. Excellent customer service.
Meet your forex expert

How did BrokerChooser select the best FX brokers in Equatorial Guinea?

  • We checked whether the broker is regulated by a trusted regulator,
  • Compared fees (including spreads, withdrawal fee, commission),
  • Compared the number of currency pairs,
  • Checked minimum deposit requirements,
  • Opened an account and tested the platform (charting, features, usability, customer service).


Save hours of research!

Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 500 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 50,000 data points overall.

If you're interested in more forex brokers, read 40+ forex broker reviews.

Best forex brokers
Overview of the best forex brokers

While many forex trading brokers offer an excellent service, the ones in our toplist go the extra mile.

Best forex brokers key data compiled for March 2023
Broker FX Commissions per lot Minimum deposit Account activated in Number of curreny pairs Credit/debit card deposit
Fusion Markets $2.25 commission per lot per trade $0 1 day 85 Yes
Capital.com No commission is charged $20 1 day 138 Yes
IC Markets $3.50 commission per lot per trade $200 1 day 61 Yes
Tickmill $2.00 commission per lot per trade $100 1 day 62 Yes
Axi $3.50 commission per lot per trade $0 1-3 days 76 Yes
GO Markets €2.00 commission per lot per trade $99 1 day 52 Yes
ActivTrades No commission is charged $0 1 day 49 Yes
Pepperstone $3.50 commission per lot per trade $0 1 day 62 Yes
TMGM $3.50 commission per lot per trade $100 1 day 50 Yes
Vantage $3.00 commission per lot per trade $50 1 day 45 Yes

Best forex brokers
Forex spreads' comparison

In most cases, the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important forex spreads in the table below to help with your calculations.

Spreads at the best forex brokers in March 2023
EURUSD spread AUDUSD spread GBPUSD spread EURCHF spread EURGBP spread
Fusion Markets 0.0 0.0 0.2 0.6 0.3
Capital.com 0.6 0.6 1.3 2.3 1.5
IC Markets 0.0 0.0 0.0 0.0 0.0
Tickmill 0.2 0.1 0.5 0.9 0.4
Axi 0.1 0.4 0.1 0.4 0.4
GO Markets 0.3 0.3 0.3 0.3 0.3
ActivTrades 0.5 0.8 0.8 1.1 1.3
Pepperstone 0.8 0.2 0.4 0.7 0.4
TMGM 0.0 0.1 0.3 0.3 0.2
Vantage 0.1 0.2 0.3 0.6 0.3

We collect spreads regularly, please check the tooltip for the date of the data collection.

If you are unsure how brokerage fees work, check out this article on the various fees, charges and costs.

Best forex brokers
Other fees at forex brokers

Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.

Non-trading fees at the best forex brokers in March 2023
Account fee Inactivity fee Withdrawal fee Deposit fee
Fusion Markets No No $0 $0
Capital.com No No $0 $0
IC Markets No No $0 $0
Tickmill No No $0 $0
Axi No Yes $0 $0
GO Markets No No $0 $0
ActivTrades No Yes $0 $0
Pepperstone No No $0 $0
TMGM No Yes $0 $0
Vantage No No $0 $0

Best forex brokers
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And now, let's see the top forex brokers in detail one by one, starting with the winner, Fusion Markets.

Fusion Markets Logo

#1 Best forex broker
Fusion Markets

Recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform

Visit broker
74-89% of retail CFD accounts lose money

Fusion Markets snapshot
Minimum deposit $0
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Neteller, PerfectMoney, Jaton, PayPal, Mifinity
Withdrawal method Bank transfer, Credit/debit cards, Neteller, PerfectMoney, Jaton, PayPal, Mifinity
Withdrawal fee $0
Currency pairs 85
Inactivity fee No
Read review For a detailed analysis of Fusion Markets services, check out our review for 2023
What your expert thinks of Fusion Markets
Capital.com Logo

#2 Best forex broker
Capital.com

Recommended for investors and cfd traders looking for a great trading platform and excellent customer service

Visit broker
84% of retail CFD accounts lose money

Capital.com snapshot
Minimum deposit $20
Mobile app score 4.9 stars
Deposit method Bank transfer, Credit/debit cards, Apple Pay, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Apple Pay, PayPal
Withdrawal fee $0
Currency pairs 138
Inactivity fee No
Read review For a detailed analysis of Capital.com services, check out our review for 2023
What your expert thinks of Capital.com
IC Markets Logo

#3 Best forex broker
IC Markets

Recommended for forex and cfd traders who value easy account opening and free deposit/withdrawal options

Visit broker
74.32% of retail CFD accounts lose money

IC Markets snapshot
Minimum deposit $200
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, Bpay, FasaPay, POLI, Rapidpay, Klarna, Bitcoin wallet
Withdrawal method Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, Bpay, FasaPay, POLI, Rapidpay, Klarna, Bitcoin wallet
Withdrawal fee $0
Currency pairs 61
Inactivity fee No
Read review For a detailed analysis of IC Markets services, check out our review for 2023
Tickmill Logo

#4 Best forex broker
Tickmill

Recommended for forex traders looking for low fees who are familiar with the metatrader 4 platform

Visit broker
76% of retail CFD accounts lose money

Tickmill snapshot
Minimum deposit $100
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal
Withdrawal fee $0
Currency pairs 62
Inactivity fee No
Read review For a detailed analysis of Tickmill services, check out our review for 2023
What your expert thinks of Tickmill
Axi Logo

#5 Best forex broker
Axi

Recommended for forex traders familiar with the metatrader 4 platform

Visit broker
73.9% of retail CFD accounts lose money

Axi snapshot
Minimum deposit $0
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Unioin Pay
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, Sofort, GiroPay, iDeal, Polish Internet Banking, Global Collect, China Unioin Pay
Withdrawal fee $0
Currency pairs 76
Inactivity fee Yes
Read review For a detailed analysis of Axi services, check out our review for 2023
What your expert thinks of Axi
GO Markets Logo

#6 Best forex broker
GO Markets

Recommended for forex traders who like the metatrader platform

Visit broker
62% of retail CFD accounts lose money

GO Markets snapshot
Minimum deposit $99
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, DotPay, Nuvei
Withdrawal method Bank transfer, Skrill, Neteller, DotPay, Nuvei
Withdrawal fee $0
Currency pairs 52
Inactivity fee No
Read review For a detailed analysis of GO Markets services, check out our review for 2023
What your expert thinks of GO Markets
ActivTrades Logo

#7 Best forex broker
ActivTrades

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal conditions

Visit broker
74-85% of retail CFD accounts lose money

ActivTrades snapshot
Minimum deposit $0
Mobile app score 3.9 stars
Deposit method Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Sofort
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, PayPal, Sofort
Withdrawal fee $0
Currency pairs 49
Inactivity fee Yes
Read review For a detailed analysis of ActivTrades services, check out our review for 2023
Pepperstone Logo

#8 Best forex broker
Pepperstone

Recommended for forex traders looking for great account opening and customer service

Visit broker
74-89% of retail CFD accounts lose money

Pepperstone snapshot
Minimum deposit $0
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay
Withdrawal method Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay
Withdrawal fee $0
Currency pairs 62
Inactivity fee No
Read review For a detailed analysis of Pepperstone services, check out our review for 2023
What your expert thinks of Pepperstone
TMGM Logo

#9 Best forex broker
TMGM

Recommended for forex traders who prefer the metatrader platform

Visit broker
68% of retail CFD accounts lose money

TMGM snapshot
Minimum deposit $100
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker
Withdrawal method Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker
Withdrawal fee $0
Currency pairs 50
Inactivity fee Yes
Read review For a detailed analysis of TMGM services, check out our review for 2023
What your expert thinks of TMGM
Vantage Logo

#10 Best forex broker
Vantage

Recommended for forex and cfd traders familiar with the metatrader trading platforms

Visit broker
74-89% of retail CFD accounts lose money

Vantage snapshot
Minimum deposit $50
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, Union Pay, Fasapay, Bitwallet, Cryptocurrency (Bitcoin, Tether), Astropay, SticPay, Vload
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller, Union Pay, Fasapay, Bitwallet, Cryptocurrency (Bitcoin, Tether), Astropay, SticPay, Vload
Withdrawal fee $0
Currency pairs 45
Inactivity fee No
Read review For a detailed analysis of Vantage services, check out our review for 2023

Best forex brokers
FAQ

Which are the top forex brokers in the world?

These are the best forex brokers in the world in 2023:

  1. Fusion Markets - Low trading and non-trading fees. Fast and easy account opening. Great customer service.
  2. Capital.com - Low forex CFD fees and commission-free real stocks. Great account opening experience. Excellent email and chat support.
  3. IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offer standard accounts and raw spread accounts.
  4. Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
  5. Axi - Low forex fees. No withdrawal/deposit fees. Fully digital account opening.
  6. GO Markets - Low forex fees. Fast account opening. Great educational tools.
  7. ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  8. Pepperstone - Fast and fully digital account opening. Great customer service. Seamless and free deposit and withdrawal.
  9. TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
  10. Vantage - Low non-trading fees. Super fast account opening. Seamless deposit and withdrawal.

How to find the best forex brokers?

The key aspects to consider when choosing a forex brokers is safety and access. Makes sure you always select a broker that is licensed or overseen by a top-tier regulator, such as the SEC in the US, the FCA in the UK or BaFin Germany. As a next step, check to see if the broker accepts clients from your country of residence.

Save yourself hours of research and check out our broker finder tool and find the best broker for you.

Want to understand forex trading in more detail?

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Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. Since joining BrokerChooser, he analyzed and tested 50+ brokers. He received his MSc degree in International Business from the University of Middlesex. He is also interested in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Visit Fusion Markets
74-89% of retail CFD accounts lose money
Visit Capital.com
84% of retail CFD accounts lose money
Visit IC Markets
74.32% of retail CFD accounts lose money
Visit Tickmill
76% of retail CFD accounts lose money
Visit Axi
73.9% of retail CFD accounts lose money
Visit GO Markets
62% of retail CFD accounts lose money
Visit ActivTrades
74-85% of retail CFD accounts lose money
Visit Pepperstone
74-89% of retail CFD accounts lose money
Visit TMGM
68% of retail CFD accounts lose money
Visit Vantage
74-89% of retail CFD accounts lose money

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