Choose to trade forex or crypto with only the best forex brokers in Kuwait in 2024.

We only recommend Kuwait forex brokers that are regulated, accept Kuwait citizens, and offer reliable deposit and withdrawal methods.

Our recommended brokers also offer swap-free Islamic trading accounts.

The 🏅 Top Forex Brokers in Kuwait.

  1. 🥇 Exness – Best forex broker with instant withdrawal
  2. 🥈 XM – Best forex broker in Kuwait.
  3. 🥉 TickMill – Best tight spreads and commissions forex broker.
  4. 🏅 ForexTime (FXTM) – Best forex broker with local funding.
  5. 🏅 HotForex – Best 100% deposit bonus forex broker
  6. 🏅 ICMarkets – The best ECN, PayPal and Multi-platform Broker

The best Kuwait forex brokers in 2024

ForexTime (FXTM) Review

fxtm logo

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

Exness Forex Broker Review

Exness logo - forex brokers in Africa

Open an Account
Quick info
Founded: 2008
Regulator: FSA, Seychelles
Minimum deposit: $1
Leverage: Up to 1:2000
Average spread: 0 (Zero and Raw spread) 0.3 – Standard
Platforms: MT4, MT5, Web, Mobile  
  Why trade forex with Exness.
– 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  
– Funding in local currency

IC Markets Forex Broker Review

icmarkets logo - forex brokers in Africa

Open an Account

IC Markets Review
Quick info
Founded: 2007
Regulator: ASIC Australia, FSA Seychelles, CySEC Cyprus
Minimum deposit: $200
Leverage: Up to 1:500
Average spreads : 0 (cTrader and Raw spread) and from 1.0 – Standard
Commissions : only on cTrader –  $6.0 and Raw Spread – $7 per lot round-turn
Platforms: MT4, MT5, cTrader, Web, Mobile  
  Why trade forex with IC Markets.
– Super tight spreads
– Multiple withdrawal and deposit methods
– Supports PayPal deposits and withdrawal
– Regulated broker    

HotForex Forex Broker Review

HotForex- forex brokers in Africa

Open an Account.
Quick info
Founded: 2010
Regulator: FCA United Kingdom, FSA Seychelles, DFSA Dubai, FSCA South Africa
Account currency: USD, EUR, GBP
Minimum deposit: $5
Leverage: Up to 1:1000
Average spreads: EURUSD – 1 pip, GBPUSD
Commissions: $7 per lot round-turn on the Zero Spread account.
Platforms: MT4, Web, Mobile  
  Why trade forex with HotForex.
– 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

Tickmill Forex Broker Review

Tickmill - forex brokers in Africa

Open an Account.
Quick info
Founded: 2015
Regulator: FSA Seychelles, CySEC Cyprus, FCA United Kingdom
Account currency: USD, EUR, GBP
Minimum deposit: $5
Leverage: Up to 1:500
Average spreads: EURUSD – 1 pip, GBPUSD
Commissions: $4 per lot round-turn – only on the Pro account.
Platforms: MT4, Web, Mobile  
  Why trade forex with Tickmill.
– Super tight spreads
– Very low commissions
– Multiple withdraw and deposit methods
– Regulated broker  

XM Forex Broker Review

XM - forex brokers in Africa

Open an account
Quick info
Founded: 2009
Regulator: CySEC Cyprus, IFSC, FCA United Kingdom, ASIC Australia, DFSA Dubai
Base currency: USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, RUB, SGD, ZAR
Minimum deposit: $5 on Standard and Micro and  $50 on XM Ultra-Low Account
Leverage: Up to 1:888
Average spreads: 1 pip (Standard and Micro) 0.6 – on XM Ultra-Low Account Platforms: MT4, MT5, Web, Mobile    
  Why trade forex with XM.
– Multiple withdraw and deposit methods
– Supports mobile money funding
– Negative balance protection
– Regulated in many countries  

Documents you need to verify a forex trading account.

Frequently asked questions about forex brokers and forex trading.

Go here for answers to questions beginners ask about forex trading.

How to choose a forex broker

Comparison of the The best forex Brokers in Kuwait.

Broker Min Deposit Demo Trading Platforms Bonus Trading Costs
Exness $1 Yes MT4, MT5, Web, Mobile No From 0.1 pip spread
Tickmill $5 Yes MT4, Web, Mobile $30 no deposit bonus$4 per lot round-turn
IC Markets $200 Yes MT4, MT5, cTrader, Web, Mobile No From 0.1 pip spread
HotForex $5 Yes MT4, MT5, Web, Mobile 100% deposit bonusFrom 1 pip spread
XM $5 Yes MT4, MT5, Web, Mobile $30 no deposit bonus.

20-50% deposit bonus.
From 1 pip spread

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