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Best Forex Brokers in Iran: A Comparative Guide

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

  • LHFX - ECN trading with high leverage (low spreads, and fast execution)

  • Pocket Option - Best for Social Trading (top rated service by customers)

  • InstaForex - Biggest Forex bonuses (up to 100% per deposit)

  • NPB Markets - Best for trading real market rates (STP/NDD Trading Model)

  • Strifor - Provides access to 250+ instruments, including forex, stocks, indices, metals, and commodities

  • YWO - A Forex broker licensed by FSCA, FSC and MISA, offering more than 200 CFDs with leverage up to 1:1000 on MT5.

At Traders Union, we evaluate Forex brokers to help traders make informed, confident decisions and avoid unreliable or unsafe options. We use a professional and detailed approach, focusing on key factors such as regulation and safety, trading costs, ease of use, platform features for all experience levels, and real trader feedback collected over 15 years.

We’ve outlined every step of our evaluation in detail on our Methodology Page. Our process is transparent, data-driven, and built on years of expertise, combined with real trader insights, ensuring you can trust our recommendations.

Our goal is to guide traders toward brokers that are safe, reliable, and suited to their needs, whether they are beginners or experienced professionals in Iran

Warning:

There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Comparison of leading Forex brokers in Iran

The minimum deposit, EUR/USD spread, eligibility for residents of Iran, and the number of available currency pairs are key factors to consider when choosing a broker.

  • The minimum deposit shows how affordable it is to start trading.
  • The EUR/USD spread highlights trading costs—lower spreads mean you save more.
  • Eligibility for residents of Iran ensures you can legally access the broker’s services.
  • The number of currency pairs reveals the variety of trading options available.

Together, these factors help you determine if a broker is safe, cost-effective, and aligned with your trading needs.

LHFX
Minimum deposit $10 $5 $1 $10 $0 $10 $5 $1 $10 $0 $10
Accepts residents of country
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
ECN Spread EUR/USD 0.2 0.3 0.2
No
No
No
0.3 0.2
No
No
No
Currency pairs 41 40 110 38 67 60 40 110 38 67 60
Tradable assets 174 100 300 100 273 170 100 300 100 273 170
Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review Study review

We have analyzed the key advantages and disadvantages of the leading Forex brokers in Iran, as well as their overall ratings based on our proprietary methodology.

Available in Iran
1
TU Overall Score 9.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
8 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
6.5 /10
  • The minimum deposit is $10;
  • Unlimited number of accounts for one trader;
  • Tight spreads from 0.1 pips;
  • Leverage is up to 1:500;
  • Trading in any version of MT5 is available;
  • Partnership program with favorable conditions;
  • Automated trading is allowed.
  • No cent accounts.
Available in Iran
2
TU Overall Score 9.1 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
9.1 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
8 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
4.2 /10
  • Trading binary options and CFDs;
  • A demo mode is available for all account types;
  • Active, social, and algorithmic trading;
  • Spreads are from 1.2 pips for Forex and no fees per lot;
  • Referral program for retail clients;
  • “My Safe” service that provides for crediting 10% per annum on the account balance;
  • Cash back and promo codes for binary option traders;
  • 50% deposit bonus.
  • Real-time communication with operators is available upon funding the account.
Available in Iran
3
TU Overall Score 8.7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.3 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
9.3 /10
  • 2,500+ trading instruments.
  • Passive investment products.
  • Non-standard technological solutions.
  • European regulation and IFC compensation fund.
  • Comfortable trading conditions.
  • Tough conditions for retail European traders due to regulations.
  • Transaction copy delay — up to 15 seconds.
Available in Iran
4
TU Overall Score 8.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
7.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
6 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
4.7 /10
  • Best market prices, backed by the liquidity of Tier 1 banks and ECN systems.
  • Membership in the Financial Commission.
  • Social trading on the NPBInvest service.
  • Analytical portal with trading signals and strategies.
  • Loyal trading conditions.
  • Scalping, hedging/locking, algorithmic high-frequency trading on all account types.
  • There are no regulatory licenses.
Available in Iran
5
TU Overall Score 7.9 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
9.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
4 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
3.7 /10
  • Regulation by FSC of Mauritius;
  • Variety of over 250 trading instruments, including Forex, stocks, cryptocurrencies, etc.;
  • Competitive spreads from 0.0 pips for EUR/USD;
  • High leverage up to 1:500;
  • Support for MetaTrader 5 for PCs and mobile devices;
  • Bonus programs and trading contests;
  • Multichannel client support;
  • Deposit protection on 20,000€.
  • Limited educational resources.
Available in Iran
6
TU Overall Score 7.6 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
7.2 /10
  • Access to global markets with more than 200 trading instruments.
  • Regulation in two jurisdictions.
  • Minimum deposit of $10 for all account types.
  • Deposits and withdrawals without commission.
  • Partner payouts up to 50% of broker revenue from referral trades.
  • Floating spreads from 0.0-0.6 pips depending on account type.
  • 24/7 customer support.
  • No proprietary tools for passive income.
  • No online chat on the website.

Why trust us


Independent analysis, real experts, and transparent methodology
  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

Trading fees and commissions of top brokers in Iran

We compared both trading and non-trading fees of the top brokers in Iran. This comparison highlights the following:

  • Trading fees:

    These include average spreads in pips for popular currency pairs like EUR/USD and GBP/USD, based on both Standard and ECN account types with floating spreads.

  • Non-trading fees:

    These cover deposit and withdrawal fees (percentage-based), along with inactivity fees.

By analyzing these parameters, we aim to provide a transparent overview of the cost-effectiveness of brokers in Iran.

Trading fees
LHFX
ECN Spread EUR/USD 0.2 0.3 0.2
No
No
No
0.3 0.2
No
No
No
ECN Spread GBP/USD 0.2 0.3 0.4
No
No
No
0.3 0.4
No
No
No
ECN fee ($) 3 2.5 3
No
No
3.5
2.5 3
No
No
3.5
Standard acc. EUR/USD spread 0.6 0.8 5 1.0 0.9 0.6 0.8 5 1.0 0.9 0.6
Standard acc. GBP/USD spread 0.8 0.8 5 1.1 1.4 0.6 0.8 5 1.1 1.4 0.6
XAU/USD spread, pips 16 25 70 50
No
No
25 70 50
No
No
Non-trading fees
LHFX
Deposit fee, %
No
No
No
No
No
No
No
No
No
No
No
Withdrawal fee, %
No
No
0.5-2
No
1
No
No
0.5-2
No
1
No
Withdrawal fee, $
No
No
20-100
No
No
No
No
20-100
No
No
No
Inactivity fee, $
No
No
No
No
50 5
No
No
No
50 5

Security and regulation of top brokers in Iran

When choosing a Forex broker in Iran, regulation ensures your funds are safe. Tier-1 regulation is the most reliable, with strict rules on transparency and client protection. Tier-2 regulation is solid but less strict, offering a reasonable level of oversight. Tier-3 regulation and unregulated brokers are riskier, with minimal or no monitoring, which can put your money at risk.

The data below shows the regulatory level of brokers available in Iran, helping you make a safe and informed choice.

LHFX
Regulation and safety 7.2 4.2 9.3 4.7 3.7 7.2 4.2 9.3 4.7 3.7 7.2
Regulation FSC (Mauritius ), FSCA MISA BVI FSC, CySEC The Financial Commission FSC (Mauritius) FSCA, MISA, FSC (Mauritius) MISA BVI FSC, CySEC The Financial Commission FSC (Mauritius) FSCA, MISA, FSC (Mauritius)
Max. Regulation Level Tier-2 Tier-3 Tier-1 Tier-3 Tier-3 Tier-2 Tier-3 Tier-1 Tier-3 Tier-3 Tier-2
Investor protection
No
No
No
€20,000 up to €20 000
No
No
No
€20,000 up to €20 000
No
Negative balance protection
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes

Top 3 brokers for beginners in Iran

This comparison highlights the best brokers in Iran for new traders based on the following criteria:

  • Education Score: Assesses the quality of educational materials, such as tutorials and guides.
  • Cent Accounts: Allow traders to start with minimal capital ($1–$10), enabling them to learn market dynamics with limited financial risk.
  • Demo Accounts: Provide risk-free environments for practicing trading strategies.
  • Copy Trading: Enables new traders to learn by replicating the trades of experienced traders.
  • PAMM Accounts: Offer opportunities for passive investment.

These features help ensure a smooth start and effective learning experience for beginners in Iran.

InstaForex NPB Markets YWO
Education score 9.1 6.6 9.5
Demo
Yes
Yes
Yes
Copy trading
Yes
Yes
Yes
PAMM
Yes
No
No
Cent
Yes
Yes
Yes

Is Forex regulated in Iran?

Forex trading is officially prohibited in Iran for retail traders. The Central Bank of Iran regulates the foreign exchange market. However, many traders turn to international online brokers despite the restrictions and blocks.

Forex investor protection in Iran

Since Forex trading is prohibited, there are no investor protection mechanisms at the state level. Traders working with international brokers are exposed to high risks, including fraud and loss of funds. This lack of regulatory oversight increases the vulnerability of local investors.

Forex taxation in Iran

Since Forex trading is prohibited, there are no specific tax liabilities on income from foreign exchange transactions. However, any unofficial income may be subject to general tax rules and regulations.

How to choose a Forex broker in Iran

For beginners, it’s essential to start with a strong foundation in Forex trading basics. Focus on understanding trading psychology, how leverage impacts risk, and the importance of lot sizes and risk management strategies.

Once you’ve built your knowledge, follow these practical steps to begin trading Forex in Iran:

  • Check regulation and security.

    Ensure the broker is regulated by a Tier-1 or Tier-2 regulatory authority or holds a valid license in Iran. Regulation helps guarantee fund safety and compliance with industry standards.

  • Compare fees and spreads.

    Seek brokers offering low spreads, transparent fees, and competitive commission structures for Iran clients to minimize trading costs.

  • Evaluate trading platforms.

    Choose brokers offering advanced platforms such as MT4, MT5, or TradingView for efficient trading and analysis.

  • Review account types.

    Select a broker that offers account types suited to your needs, such as Cent and Demo accounts for beginners and ECN accounts for experienced traders.

  • Assess deposit and withdrawal options.

    Ensure the broker provides fast, affordable, and reliable deposit and withdrawal methods in Iran.

  • Check customer support quality.

    Choose brokers that offer responsive, multilingual support 24/7 to ensure prompt and effective issue resolution.

Is Forex halal or haram?

Forex can align with Islamic finance principles if it avoids riba and speculative risks. Islamic accounts eliminate interest charges, supporting halal trading. Stocks and ETFs are widely considered permissible under Sharia law. We reviewed three top brokers in Iran providing swap-free accounts for Muslim clients.
LHFX Pocket Option InstaForex
Swap free account
Yes
Yes
Yes
ETFs
No
No
No
Stocks
Yes
Yes
Yes
Bitcoin
Yes
Yes
Yes
Currency pairs 41 40 110
Gold
Yes
Yes
Yes
Open an account Study review Study review Study review

Expert advice for traders in Iran

Editorial Standards Specialist Parshwa Turakhiya
Updated on May 09, 2026

In my experience, responsive customer support is crucial for a positive trading experience. Trading inevitably involves occasional issues, whether it's a question about deposits and withdrawals or a technical problem with the platform. Brokers offering 24/7 multilingual support have been invaluable in my trading journey. Multiple communication channels, such as live chat and phone support, facilitate prompt issue resolution. Reliable customer support not only addresses issues quickly but also demonstrates the broker's commitment to its clients' success.

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Editors' Top Picks and Insights

Team that worked on the article

Anton Kharitonov
Chief Analytics Officer

Anton Kharitonov is an active trader and analyst. He employs both short- and long-term trading strategies, primarily based on fundamental factors, supported by technical indicators and intermarket analysis.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.