{"id":7348,"date":"2020-07-10T10:00:00","date_gmt":"2020-07-10T07:00:00","guid":{"rendered":"http:\/\/thetraderinyou.com\/test?p=7348&preview=true"},"modified":"2020-11-11T04:33:07","modified_gmt":"2020-11-11T01:33:07","slug":"the-best-forex-brokers-in-ghana","status":"publish","type":"post","link":"https:\/\/thetraderinyou.com\/test\/the-best-forex-brokers-in-ghana\/","title":{"rendered":"\ud83c\udfc6 The Best Forex Brokers In Ghana 2024"},"content":{"rendered":"\n

Make money online with the best forex brokers in Ghana.<\/p>\n\n\n\n

You can not downplay the importance of trading with a trusted and reliable forex broker.<\/p>\n\n\n\n

That’s why we bring you regulated forex brokers<\/a> that accept mobile money<\/a> in Ghana.<\/p>\n\n\n\n

Also in the list are forex brokers in Ghana with no deposit bonus<\/a>.<\/p>\n\n\n\n

We’ve traded with the brokers on this list and they come recommended.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Top Forex Brokers in Ghana 2024<\/h2>\n\n\n\n
<\/div>\n\n\n\n
  1. \ud83e\udd47<\/a> XM <\/a>\u2013 Best forex broker in Ghana that accepts mobile money + no deposit bonus<\/li>
  2. \ud83e\udd48 ForexTime (FXTM)<\/a> \u2013 accepts mobile money – easy to join.<\/li>
  3. \ud83e\udd49<\/a> TickMill<\/a> \u2013 Best tight spreads and commissions forex broker.<\/li>
  4. \ud83c\udfc5<\/strong><\/a> Exness <\/a>\u2013 Best forex broker with instant withdrawal + accepts mobile money<\/li>
  5. \ud83c\udfc5<\/strong><\/a> HotForex <\/a>\u2013 Best 100% deposit bonus forex broker<\/li>
  6. \ud83c\udfc5<\/strong> ICMarkets <\/a>\u2013 The best ECN, PayPal and Multi-platform Broker<\/li><\/ol>\n\n\n\n
    <\/div>\n\n\n\n

    Our forex broker review process is simple; we are residents of Africa and trade with these forex brokers on live accounts. <\/p>\n\n\n\n

    <\/div>\n\n\n\n\n\n
    <\/div>\n\n\n\n

    ForexTime (FXTM) Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"fxtm<\/a>

    Open an Account<\/a><\/td>    		Quick info<\/strong>
    Founded:<\/strong> 2011
    Regulator:<\/strong> CySEC – Cyprus, FSCA – South Africa, FCA – UK.
    Minimum deposit:<\/strong> $10 – Cent. $100 Standard. $500 ECN
    Leverage:<\/strong> Up to 1:2000
    Average spread:<\/strong> 0 -1.5 ECN. From 1.3 – Standard
    Platforms:<\/strong> MT4, MT5, Web, Mobile   <\/td><\/tr>
    \n  \n <\/td>Why trade forex with ForexTime<\/a>. <\/strong>
    – Super tight spreads
    – Multiple withdraw and deposit methods
    – Easy to open verify an account
    – Regulated broker \u00a0
    – Accepts Mobile Money <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n

    XM Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"XM<\/a>

    Open an account<\/a> <\/td>    		Quick info<\/strong>
    Founded<\/strong>: 2009
    Regulator<\/strong>: CySEC Cyprus, IFSC, FCA United Kingdom, ASIC Australia, DFSA Dubai
    Base currency:<\/strong> USD, EUR, GBP, JPY, CHF,\u200e AUD, HUF, PLN, RUB, SGD, ZAR
    Minimum deposit<\/strong>: $5 on Standard and Micro and  $50 on XM<\/a> Ultra-Low Account
    Leverage<\/strong>: Up to 1:888
    Average spread<\/strong>s: 1 pip (Standard and Micro) 0.6 \u2013 on XM Ultra-Low Account Platforms:<\/strong> MT4, MT5, Web, Mobile     <\/td><\/tr>
    \n  \n <\/td>Why trade forex with XM. <\/strong>
    – Multiple withdraw and deposit methods
    – Supports mobile money funding
    – Negative balance protection
    – Regulated in many countries \u00a0 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n
    \n
    Grab $30 No Deposit Bonus from XM. Trade. Profit. Withdraw<\/a><\/div>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    HotForex Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"HotForex-<\/a>

    Open an Account.<\/a> <\/td>    		Quick info<\/strong>
    Founded<\/strong>: 2010
    Regulator<\/strong>: FCA United Kingdom, FSA Seychelles, DFSA Dubai, FSCA South Africa
    Account currency:<\/strong> USD, EUR, GBP
    Minimum deposit<\/strong>: $5
    Leverage<\/strong>: Up to 1:1000
    Average spreads:<\/strong> EURUSD – 1 pip, GBPUSD
    Commissions:<\/strong> $7 per lot round-turn on the Zero Spread account.
    Platforms:<\/strong> MT4, Web, Mobile   <\/td><\/tr>
    \n  \n <\/td>Why trade forex with HotForex<\/a>. <\/strong>
    – Up to 100% trading bonus on deposits on some accounts
    – Multiple withdrawal and deposit methods
    – Tight spreads on the Zero spread account
    – Regulated in many countries
    – Negative balance protection<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n
    \n
    Open an account and get 100% of your deposit with Hotforex<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    TICKMILL Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"Tickmill<\/a>

    Open an Account.<\/a> <\/td>    		Quick info<\/strong>
    Founded<\/strong>: 2015
    Regulator<\/strong>: FSA Seychelles, CySEC Cyprus, FCA United Kingdom
    Account currency:<\/strong> USD, EUR, GBP
    Minimum deposit<\/strong>: $5
    Leverage<\/strong>: Up to 1:500
    Average spread<\/strong>s: EURUSD – 1 pip, GBPUSD
    Commissions<\/strong>: $4 per lot round-turn – only on the Pro account.
    Platforms:<\/strong> MT4, Web, Mobile \u00a0 <\/td><\/tr>
    \n  \n <\/td>Why trade forex with Tickmill<\/a>. <\/strong>
    – Super tight spreads
    – Very low commissions
    – Multiple withdraw and deposit methods
    – Regulated broker   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n
    \"Tickmill-30-no-deposit-bonus_728X90_en\"<\/a><\/figure>\n\n\n\n
    <\/div>\n\n\n\n

    Exness Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"Exness<\/a>

    Open an Account<\/a><\/td>    		Quick info<\/strong>
    Founded:<\/strong> 2008
    Regulator:<\/strong> FSA, Seychelles
    Minimum deposit:<\/strong> $1
    Leverage:<\/strong> Up to 1:2000
    Average spread:<\/strong> 0 (Zero and Raw spread) 0.3 – Standard
    Platforms:<\/strong> MT4, MT5, Web, Mobile   <\/td><\/tr>
    \n  \n <\/td>Why trade forex with Exness<\/a>. <\/strong>
    – Super tight spreads
    – Instant automated Withdrawals and deposits 24\/7
    – Multiple withdraw and deposit methods
    – Negative balance protection
    – Regulated broker
    – Mpesa and Mobile money broker \u00a0
    – Funding in local currency <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n
    \n
    Open an Account with Exness. Tight Spreads. Instant Withdrawals. <\/strong><\/a><\/div>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    IC Markets Forex Broker Review<\/a><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"icmarkets<\/a>

    Open an Account<\/a>

    IC Markets Review<\/a><\/td>    		Quick info<\/strong>
    Founded<\/strong>: 2007
    Regulator<\/strong>: ASIC Australia, FSA Seychelles, CySEC Cyprus
    Minimum deposit<\/strong>: $200
    Leverage<\/strong>: Up to 1:500
    Average spread<\/strong>s : 0 (cTrader and Raw spread) and from 1.0 \u2013 Standard
    Commissions<\/strong> : only on cTrader –  $6.0 and Raw Spread – $7 per lot round-turn
    Platforms:<\/strong> MT4, MT5, cTrader, Web, Mobile   <\/td><\/tr>
    \n  \n <\/td>Why trade forex with IC Markets<\/a>.
    – Super tight spreads
    – Multiple withdrawal and deposit methods
    – Supports PayPal deposits and withdrawal
    – Regulated broker \u00a0 \u00a0 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    \n
    Open a<\/strong> free demo<\/strong> account with the best ECN broker – ICMarkets.<\/strong> Deposit and withdraw with PayPal.<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    That’s a quick look at the best Forex brokers in Ghana.<\/p>\n\n\n\n

    We’ll keep adding to this list as we experiment with other brokers.<\/p>\n\n\n\n

    I will now show you which broker is best in what.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The best-regulated forex brokers<\/strong> in Ghana<\/h3>\n\n\n\n
    1. ForexTime (FXTM)<\/a><\/li>
    2. HotForex<\/a><\/li><\/ol>\n\n\n\n
      <\/div>\n\n\n\n

      The best forex brokers in Ghana<\/strong> with PayPal<\/strong><\/h3>\n\n\n\n

      ICMarkets <\/a>allows funding an account with PayPal<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The best forex broker in ghana<\/strong> for beginners<\/strong><\/h3>\n\n\n\n

      The best forex broker for new traders in Ghana is ForexTime<\/a>.  <\/p>\n\n\n\n

      All the forex brokers on this list are friendly to beginning traders. They all have a low initial deposit except ICMarkets that requires an initial $200.<\/p>\n\n\n\n

      Next is Tickmill<\/a>, then XM<\/a>. <\/p>\n\n\n\n

      Take advantage of the free demo accounts these brokers give to hone your trading skills with virtual money without risking your money on a live account.<\/p><\/blockquote><\/figure>\n\n\nTake advantage of the free demo accounts #brokers give to hone your trading skills with risk free virtual money before risking your money on a live account. #forex #forexbrokers <\/a><\/span>Click To Tweet<\/a><\/span>\n\n\n

      <\/div>\n\n\n\n

      The best forex brokers that accept mobile money in Ghana. (MTN mobile money and Airtel Money<\/strong>)<\/strong><\/h3>\n\n\n\n

      XM<\/a>, ForexTime <\/a>(FXTM<\/a>) are the best forex brokers in Ghana that accept mobile money \u2013 MTN mobile money and Airtel money.<\/p>\n\n\n\n

      You can deposit or withdraw up to $500 with XM and 7,000 Ghanaian Cedi with FXTM per transaction.<\/p>\n\n\n\n

      If you intend to deposit or withdraw more than that, make multiple transactions<\/p>\n\n\n\n

      <\/p>\n\n\n\n

      The best brokers in Ghana<\/strong> with low trading costs – Commission.<\/strong><\/h3>\n\n\n\n

      Tickmill<\/a>\nhas the lowest commission of $4 per lot round-turn on its Pro account an\nequivalent to an ECN account. <\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Top brokers in Ghana<\/strong> with small spreads<\/strong><\/h3>\n\n\n\n

      Exness<\/a>,\nIC Markets<\/a>, and Tickmill<\/a> compete for\nthis spot. The spreads on Exness standard account, for instance, are almost\nequivalent to the Zero Spread account on Hotforex<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The best Forex broker with the best customer service<\/strong><\/h3>\n\n\n\n

      ForexTime<\/a>, Exness<\/a>, IC Markets<\/a>, HotForex<\/a>, Tickmill<\/a>, and XM<\/a>. All forex brokers here have very responsive customer care service. <\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Forex broker with the\nbest forex research and education.<\/strong><\/h3>\n\n\n\n

      All the brokers on this list take their traders seriously with very insightful education and trading advice based on research.<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The best forex Broker with the best Forex Trading Platforms<\/strong><\/h3>\n\n\n\n

      IC\nMarkets<\/a> has the most trading platforms followed by HotForex<\/a> and XM<\/a> <\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The best forex broker\nfor Day Trading<\/strong><\/h3>\n\n\n\n

      ForexTime<\/a>, Exness<\/a>, IC Markets<\/a>, HotForex<\/a>, Tickmill<\/a>, and XM<\/a>. forex brokers will all work well for day traders.<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Forex brokers in Ghana<\/strong> with a NO deposit bonus<\/strong><\/h3>\n\n\n\n

      Both Tickmill<\/a> and XM<\/a> give first-time clients a $30 no deposit bonus. <\/p>\n\n\n\n

      The beauty of this bonus is you can always withdraw the profits you make. <\/p>\n\n\n\n

      A no deposit bonus is great if you want to test the live trading environment of any of these brokers without risking your money. <\/p>\n\n\nA no deposit bonus is great for testing the live trading environment of a #forexbroker without risking your money. Grab $30 from Tickmill https:\/\/bit.ly\/39CixKC and XM https:\/\/bit.ly\/3bIojM1 #forex <\/a><\/span>Click To Tweet<\/a><\/span>\n\n\n

      <\/div>\n\n\n\n

      Forex brokers in Ghana<\/strong> with the best trading bonus<\/strong><\/h3>\n\n\n\n

      HotForex<\/a>\nhas the craziest bonuses to choose from. If you want to increase your trading\nequity by up to 100% of your deposit, then Hotforex is for you. XM<\/a> also has some great\nbonuses and promotions.<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Documents you need to\nverify a forex trading account.<\/strong><\/h3>\n\n\n\n

      Every trader is required to verify their account to comply with Anti Money Laundering regulation. <\/p>\n\n\n\n

      You need these documents to verify your trading account.<\/p>\n\n\n\n

      Proof of Legal Identity:<\/strong> Government-issued ID, Driver’s License, Passport, etc. <\/p>\n\n\n\n

      Proof of Address:<\/strong> Government-issued residential registration, reoccurring statements to the address \u2013 Water bill, Electricity bill, Tax bill, Tax clearance certificate, and Bank statements.<\/p>\n\n\n\n

      Note that your proof of address must include your actual address – plot number, street, house number. <\/p>\n\n\n\n

      It is hard to get documents with an address if you are renting. But, here is a hack, go to your ABSA branch and request a bank statement, ask them to add the residential address you used when opening the bank account to the bank statement.<\/p>\n\n\n\n

      That is the simplest way to get a document with proof of address in Ghana if you don’t own a house.<\/p>\n\n\n\n

      You can also use a tax certificate<\/p>\n\n\n\n

      Or use another person’s proof of address with ForexTime<\/a>. <\/p>\n\n\n\n

      <\/div>\n\n\n\n
      \"Answers<\/a><\/figure>\n\n\n\n
      <\/div>\n\n\n\n

      Frequently asked questions about forex brokers and forex trading.<\/strong><\/h2>\n\n\n\n

      Go here for answers to questions beginners ask about forex trading<\/a>.<\/p>\n\n\n\n

      How do I calculate\nforex trading costs?<\/strong><\/h3>\n\n\n\n

      For spreads, your trading costs are the difference between\nthe buying and selling prices. <\/p>\n\n\n\n

      For ECN or Raw trade accounts \u2013 commissions are\ntransparently displayed by the broker. For instance, on Tickmill, the cost is\n$4 per standard lot round-turn \u2013 that is $2 when you enter and $2 when you\nclose the trade.<\/p>\n\n\n\n

      Most brokers provide trading tools – like calculating margin\nrequires – that can help you figure and plan for your trading. <\/p>\n\n\n\n

      Where do I learn how\nto trade forex?<\/strong><\/h3>\n\n\n\n

      All the forex brokers I recommend have great Education programs for both beginners and advanced traders.<\/p>\n\n\n\n

      However, if you are new to trading, I recommend starting with www.babypips.com <\/a><\/p>\n\n\n\n

      <\/div>\n\n\n\n
      \"How<\/figure>\n\n\n\n
      <\/div>\n\n\n\n
      \n
      \n

      How do I choose a good forex broker?<\/strong><\/h3>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n
      \n

      That\u2019s the big question. <\/p>\n<\/div><\/div>\n\n\n\n

      Here are the criteria we used to review and pick the forex brokers on this list out of the hundreds of forex brokers out there.<\/p>\n\n\n\n