Advertisement
Open an Account with the Lowest-Cost Broker

Best forex brokers in Iran in 2023

Top 4 forex brokers in Iran in 2023


  1. ActivTrades is the best forex broker in Iran in 2023 - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  2. MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
  3. FXTM - Superb customer service. Great educational tools. Digital and fast account opening.
  4. HYCM - Low forex and CFD fees. Great educational content. User-friendly account opening.
Meet your forex expert

How did BrokerChooser select the best FX brokers in Iran?


  • 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
ActivTrades No commission is charged $0 1 day 49 Yes
MultiBank $3.00 commission per lot per trade $50 1 day 41 Yes
FXTM Commission is based on your account balance and monthly trading volume $50 1 day 62 Yes
HYCM No commission is charged $100 1 day 70 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
ActivTrades MultiBank FXTM HYCM
EURUSD spread 0.5 0.1 0.5 1.4
AUDUSD spread 0.8 0.2 0.8 2.2
GBPUSD spread 0.8 0.3 1.2 2.2
EURCHF spread 1.1 0.7 1.2 3.6
EURGBP spread 1.3 0.4 1.1 2.6

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.

ActivTrades MultiBank FXTM HYCM
Account fee No No No No
Inactivity fee Yes Yes Yes Yes
Withdrawal fee $0 $0 $3 $0
Deposit fee $0 $0 $0 $0

Best forex brokers
Get the best brokers tailored to your needs


Didn't find the best broker for you? Answer a few questions and get a personalized broker list!
Get a personalized broker recommendation
125,500 people already found a broker via this tool!

Your broker toplist will be selected based on your answers.

Where do you live?
More info

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

ActivTrades Logo

#1 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
MultiBank Logo

#2 Best forex broker
MultiBank

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

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

MultiBank snapshot
Minimum deposit $50
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, UnionPay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, ThunderexPay, Poli, Pagsmile, Plus Wallets, Globepay, Gcash
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller, UnionPay, PayTrust, SEPA, Bitcoin, AwePay, GlobePay, ThunderexPay, Poli, Pagsmile, Plus Wallets, Globepay, Gcash
Withdrawal fee $0
Currency pairs 41
Inactivity fee Yes
Read review For a detailed analysis of MultiBank services, check out our review for 2023
What your expert thinks of MultiBank
FXTM Logo

#3 Best forex broker
FXTM

Recommended for forex traders familiar with the metatrader platform

Visit broker
80% of retail CFD accounts lose money

FXTM snapshot
Minimum deposit $50
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, Skrill/Moneybookers, Neteller, Western Union Quick Pay, Dotpay, Bitcoin via Skrill, PayPal
Withdrawal method Bank transfer, Credit/debit cards, Skrill/Moneybookers, Neteller, Western Union Quick Pay, Dotpay, Bitcoin via Skrill, PayPal
Withdrawal fee $3
Currency pairs 62
Inactivity fee Yes
Read review For a detailed analysis of FXTM services, check out our review for 2023
HYCM Logo

#4 Best forex broker
HYCM

Recommended for forex and cfd traders who prefer the metatrader platform

Visit broker
73% of retail CFD accounts lose money

HYCM snapshot
Minimum deposit $100
Mobile app score 4.3 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, WebMoney
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller, WebMoney
Withdrawal fee $0
Currency pairs 70
Inactivity fee Yes
Read review For a detailed analysis of HYCM services, check out our review for 2023

Best forex brokers
FAQ

Which are the top forex brokers in the world?

The top 5 forex brokers in the world in 2023:

  1. ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  2. MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
  3. FXTM - Superb customer service. Great educational tools. Digital and fast account opening.
  4. HYCM - Low forex and CFD fees. Great educational content. User-friendly account opening.

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?

Check out these articles written by our broker and trading experts:

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 ActivTrades
74-85% of retail CFD accounts lose money
Visit MultiBank
74-89% of retail CFD accounts lose money
Visit FXTM
80% of retail CFD accounts lose money
Visit HYCM
73% of retail CFD accounts lose money

Share

Comments

×