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Top 4 forex brokers in Iran in 2023
- ActivTrades is the best forex broker in Iran in 2023 - Low trading fees. Excellent account opening. Free deposit and withdrawal.
- MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
- FXTM - Superb customer service. Great educational tools. Digital and fast account opening.
- HYCM - Low forex and CFD fees. Great educational content. User-friendly account opening.
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),
- Checked minimum deposit requirements,
- Opened an account and tested the platform (charting, features, usability, customer service).
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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.
| Broker | FX Commissions per lot | Minimum deposit | Account activated in | Inactivity fee | Credit/debit card deposit |
|---|---|---|---|---|---|
| ActivTrades | No commission is charged | $500 | 1 day | Yes | Yes |
| MultiBank | $3.00 commission per lot per trade | $50 | 1 day | Yes | Yes |
| FXTM | Commission is based on your account balance and monthly trading volume | $50 | 1 day | Yes | Yes |
| HYCM | No commission is charged | $100 | 1 day | Yes | 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.
| 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
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And now, let's see the top forex brokers in Iran in 2023 one by one, starting with the winner, ActivTrades.
Best forex brokers
FAQ
Which are the top forex brokers in the world?
The top 5 forex brokers in the world in 2023:
- Saxo Bank - low forex fees and great trading platforms.
- Fusion Markets - low forex fees and a superb selection of currency pairs.
- CMC Markets - low forex CFD fees and an excellent account opening experience.
- Interactive Brokers - low forex fees and diverse research tools.
- Capital.com - no inactivity fee and rock-solid background.
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.
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Want to understand forex trading in more detail?
Check out these articles written by our broker and trading experts:
