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10 Top Regulated Forex Brokers in Guinea (2021)

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Overview

Guinea is a small west African country that is not known for being a major forex trading hub, however, this is changing as more brokers start accepting traders from the country. There is currently no regulatory framework in place to monitor forex trading.

For this reason, it is imperative that traders only make use of reputable and regulated brokers to ensure that they are offered with a secure, safe trading environment and client fund security.

The brokers on the list below offer their services and solutions to traders based in Guinea.

 

OctaFX

OctaFX is a reputable broker that offers traders with powerful trading platforms, flexible trading accounts, and a range of forex and CFD instruments to trade.

 

Pros and Cons

PROS CONS
Fixed spread accounts offered US clients not accepted
Commission-free trading offered Limited trading instruments

 

FP Markets

FP Markets is a well-established broker offering the trade in more than 10,000 financial instruments across a range of asset classes.

 

Pros and Cons

PROS CONS
Strict regulation US clients not accepted
ECN pricing model Restricted leverage for EU clients

 

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FXCM

FXCM is a well-established broker that offers a range of financial instruments which can be traded through powerful and flexible trading platforms.

 

Pros and Cons

PROS CONS
Well-regulated US, Ukraine, Turkey, Russia, and other jurisdictions not accepted
FSCS member Limited tradable financial instruments

 

Plus500

Plus500 is a popular and reputable CFD and forex broker that offers more than 2,000 financial instruments to trade on a proprietary trading platform.

 

Pros and Cons

PROS CONS
Strict regulation US clients not accepted
User-friendly trading platform Fixed spreads not offered

 

easyMarkets

easyMarkets has been offering comprehensive trading solutions since 2001 and offers traders with more than 200 financial instruments, powerful trading platforms, and competitive trading conditions.

 

Pros and Cons

PROS CONS
Strict regulation US clients not accepted
Fixed spreads offered Variable spreads not offered

 

IC Markets

IC Markets is a large true ECN broker offering the trade in more than 230 financial instruments spread across several asset classes.

 

Pros and Cons

PROS CONS
Strict regulation US clients not accepted
Low fees, tight spreads, and fast trade execution Fixed spreads not offered

 

XM

XM is a multi-award-winning broker that offers competitive trading conditions, no-requotes, low spreads, and fast trade execution.

 

Pros and Cons

PROS CONS
Well-regulated US clients not accepted
Hedging and scalping allowed Fixed spreads not provided

 

FXTM

FXTM is an award-winning broker offering the trade in more than 250 financial instruments with strict regulation through several reputable entities.

 

Pros and Cons

PROS CONS
Well-regulated US clients not accepted
Commission-free trading offered Restricted leverage for EU clients

 

RoboForex

RoboForex is an award-winning broker offering the trade in more than 9,400 financial instruments.

 

Pros and Cons

PROS CONS
Negative balance protection US clients not accepted
Multiple trading platforms offered Fixed spreads not offered

 

IQ Option

IQ Option is a regulated and award-winning broker that offers a variety of tradable financial instruments.

 

Pros and Cons

PROS CONS
Well-regulated US clients not accepted
Advanced trading tools offered Fixed spread accounts not offered

 

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