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Best forex brokers in the Republic of the Congo in 2023

TOP
1
79% of retail CFD accounts lose money
TOP
2
74.32% of retail CFD accounts lose money
TOP
3
76% of retail CFD accounts lose money
TOP
4
74-85% of retail CFD accounts lose money
TOP
5
68% of retail CFD accounts lose money
TOP
6
75.2% of retail CFD accounts lose money
TOP
7
71.6% of retail CFD accounts lose money
TOP
8
81% of retail CFD accounts lose money
TOP
9
74-89% of retail CFD accounts lose money
TOP
10
74-89% of retail CFD accounts lose money
Find below the best forex brokers available in the Republic of the Congo, updated for 2023:
  1. Capital.com is the best forex broker in the Republic of the Congo in 2023 - Low forex fees. Wide range of currencies. Superb account opening process.
  2. IC Markets - Low FX commission and tight spreads. Wide range of currencies. Low withdrawal fee.
  3. Tickmill - Low FX commission and tight spread. Rich selection of currency pairs. Low withdrawal fee.
  4. ActivTrades - Competitive FX spreads. Low withdrawal fee. No minimum deposit.
  5. TMGM - Free withdrawal. Decent currency pair selection. Leverage can be set manually.
  6. FBS - Great currency pair selection. Free withdrawal and many options to take out funds. Excellent customer service.
  7. Forex.com - Excellent selection of currency pairs. Competitive forex spreads. Diverse technical research tools.
  8. XTB - Low forex financing rates. Free withdrawal in most cases. Great variety of research tools.
  9. MultiBank - Comptetitive EUR/USD trading fees. Excellent customer service. Social trading available.
  10. FXTRADING.com - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.

Best forex brokers
Trust level of the best forex brokers

Choosing a legit broker is the single most important step in anyone’s trading career. In the table below you can assess the trustworthiness of these brokers by checking the following information: regulation, foundation date, investor protection, and brokers' involvement in scandals.

Broker
Top-tier regulators
Trusted broker
Capital.com
FCA in the UK and ASIC in Australia
IC Markets
ASIC in Australia
Tickmill
FCA in the UK
ActivTrades
FCA in the UK FCA and CSSF in Luxembourg
TMGM
ASIC in Australia
FBS
ASIC in Australia
Forex.com
CFTC in the US, FCA in the UK, or ASIC in Australia
XTB
FCA in the UK
MultiBank
ASIC in Australia and BaFin in Germany
FXTRADING.com
ASIC in Australia
Trustworthiness factors at the top forex brokers in May 2023
We consider a broker to be trusted if it has reliable regulation

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 commission per lot
Minimum deposit
Capital.com
No commission is charged
$20
$20 minimum deposit for credit/debit cards and Apple Pay, and $250 minimum required for bank transfer
IC Markets
$3.50 commission per lot per trade
$200
$200 minimum deposit is required for MT4/MT5/CTrader accounts
Tickmill
$2.00 commission per lot per trade
$100
$100 minimum deposit
ActivTrades
No commission is charged
$0
There is no minimum deposit
TMGM
$3.50 commission per lot per trade
$100
$100 minimum deposit
FBS
No commission is charged
$1.07
$/€ 100 minimum deposit for Standard account, $/€10 minimum deposit for Cent account, and $1 minimum deposit for crypto account
Forex.com
No commission is charged
$100
100 units of your account currency, advised to have 1000
XTB
No commission is charged
$0
No minimum deposit for individual accounts but £15,000 for corporate accounts.
MultiBank
$3.00 commission per lot per trade
$50
$50 for Standard accounts, $1,000 for MultiBank Pro accounts, and $5,000 for ECN Pro accounts
FXTRADING.com
$3.00 commission per lot per trade
$200
$200 minimum deposit for Standard account, $1,000 for Pro account and $10,000 for Alpha account
Best forex brokers key data compiled for May 2023

Popularity of the best forex brokers in the Republic of the Congo

Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.

Popularity
14,063
5,020
4,512
15,227
30,431

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.

Broker
EURUSD spread
AUDUSD spread
Capital.com
0.6
Spreads were captured on May 24, 2023
0.6
Spreads were captured on May 24, 2023
IC Markets
0.0
Spreads were captured on May 24, 2023
0.1
Spreads were captured on May 24, 2023
Tickmill
0.1
Spreads were captured on May 24, 2023
0.1
Spreads were captured on May 24, 2023
ActivTrades
0.8
Spreads were captured on May 24, 2023
1.3
Spreads were captured on May 24, 2023
TMGM
0.1
Spreads were captured on May 24, 2023
0.1
Spreads were captured on May 24, 2023
FBS
0.9
Spreads were captured on May 24, 2023
1.4
Spreads were captured on May 24, 2023
Forex.com
1.2
Spreads were captured on May 24, 2023
1.4
Spreads were captured on May 24, 2023
XTB
1.0
Spreads were captured on May 24, 2023
1.3
Spreads were captured on May 24, 2023
MultiBank
0.3
Spreads were captured on May 24, 2023
0.4
Spreads were captured on May 24, 2023
FXTRADING.com
0.1
Spreads were captured on May 24, 2023
0.2
Spreads were captured on May 24, 2023
Spreads at the best forex brokers in May 2023
We collect spreads regularly, please check the tooltip for the date of the data collection.
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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.

Broker
Account fee
Inactivity fee
Capital.com
No account fee
No inactivity fee
IC Markets
No account fee
No inactivity fee
Tickmill
No account fee
No inactivity fee
ActivTrades
No account fee
If the account is not used for over 1 year and there is a remaining balance, a fee of £10 per month will be charged
TMGM
No account fee
$30 inactivity fee per month if your account balance falls below $500 or if it remains inactive for over six months
FBS
No account fee.
No inactivity fee
Forex.com
No account fee
$/€/AUD 15, £12 or JPY 1500 per month after one year of inactivity
XTB
No account fee
€10 per month after 1 year of trading inactivity and if no deposit was made in the last 90 days
MultiBank
No account fee
60 USD/month after 3 consecutive months of inactivity
FXTRADING.com
No account fee.
No inactivity fee
Non-trading fees at the best forex brokers in May 2023

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

Capital.com Logo

#1 Best forex broker
Capital.com

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

Visit broker
79% 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
IC Markets Logo

#2 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, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
Withdrawal method Bank transfer, Credit/debit cards, Paypal, Skrill, Neteller, Visa Direct, SafeCharge, Transact365, eCommPay, CardPay, Bpay, FasaPay, Poli, RapidPay, Klarna
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

#3 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
ActivTrades Logo

#4 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, AstroPay, Sofort
Withdrawal method Bank transfer, Credit/debit cards, Neteller, Skrill, AstroPay, 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
TMGM Logo

#5 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
FBS Logo

#6 Best forex broker
FBS

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

Visit broker
75.2% of retail CFD accounts lose money

FBS snapshot
Minimum deposit $1.07
Mobile app score 4.3 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller, Rapid
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller, Rapid
Withdrawal fee $0
Currency pairs 43
Inactivity fee No
Read review For a detailed analysis of FBS services, check out our review for 2023
Forex.com Logo

#7 Best forex broker
Forex.com

Recommended for forex traders looking for low fees and great research tools

Visit broker
71.6% of retail CFD accounts lose money

Forex.com snapshot
Minimum deposit $100
Mobile app score 4.5 stars
Deposit method Bank transfer, Credit/debit cards, Skrill, Neteller
Withdrawal method Bank transfer, Credit/debit cards, Skrill, Neteller
Withdrawal fee $0
Currency pairs 91
Inactivity fee Yes
Read review For a detailed analysis of Forex.com services, check out our review for 2023
XTB Logo

#8 Best forex broker
XTB

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

Visit broker
81% of retail CFD accounts lose money

XTB snapshot
Minimum deposit $0
Mobile app score 4.4 stars
Deposit method Bank transfer, Credit/debit cards, Paysafe, Skrill
Withdrawal method Bank transfer
Withdrawal fee $0
Currency pairs 56
Inactivity fee Yes
Read review For a detailed analysis of XTB services, check out our review for 2023
MultiBank Logo

#9 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 55
Inactivity fee Yes
Read review For a detailed analysis of MultiBank services, check out our review for 2023
FXTRADING.com Logo

#10 Best forex broker
FXTRADING.com

Recommended for forex traders who prefer the metatrader platform

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

FXTRADING.com snapshot
Minimum deposit $200
Mobile app score 3.8 stars
Deposit method Bank transfer, Credit/debit cards, PayPal, Neteller, UnionPay, Poli
Withdrawal method Bank transfer, PayPal, Neteller, UnionPay, Poli
Withdrawal fee $0
Currency pairs 44
Inactivity fee No
Read review For a detailed analysis of FXTRADING.com services, check out our review for 2023

Best forex brokers
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Best forex brokers
How did BrokerChooser select the best FX brokers in the Republic of the Congo?

  • 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.

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. Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
  2. IC Markets - Low forex fees. Easy and fast account opening. Free deposit and withdrawal. Offer standard accounts and raw spread accounts.
  3. Tickmill - Low forex fees. Fast and easy account opening. Free deposit and withdrawal.
  4. ActivTrades - Low trading fees. Excellent account opening. Free deposit and withdrawal.
  5. TMGM - Low forex fees. Easy and fast account opening. Free deposit and withdrawal.
  6. FBS - Low stock and stock index CFD fees and no inactivity fee. Easy and fast account opening. Excellent customer support & education.
  7. Forex.com - Low forex fees. Great variety of currency pairs. Diverse technical research tools.
  8. XTB - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
  9. MultiBank - Quick and easy account opening. Free and varied deposit and withdrawal options. Fast and helpful customer service.
  10. FXTRADING.com - Low forex fees. Easy and fast account opening. Free 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?

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 Capital.com
79% 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 ActivTrades
74-85% of retail CFD accounts lose money
Visit TMGM
68% of retail CFD accounts lose money
Visit FBS
75.2% of retail CFD accounts lose money
Visit Forex.com
71.6% of retail CFD accounts lose money
Visit XTB
81% of retail CFD accounts lose money
Visit MultiBank
74-89% of retail CFD accounts lose money
Visit FXTRADING.com
74-89% of retail CFD accounts lose money

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