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Best Forex Brokers in Syria: 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.

  • Deriv - Best for trend-following strategies (using the company's unique trade type called Multipliers)

  • XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)

  • FreshForex - Best for occasional trading on-the-go (through proprietary Telegram bot)

  • Admirals - Best for MetaTrader charting (with company's proprietary Supreme Edition plug-in)

  • Moneta Markets - Advanced trading infrastructure (top tier data centers around the world)

  • xChief - Cent accounts, 0 pips spreads, leverage up to 1:1000, and bonus offers

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 Syria

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 Syria

The minimum deposit, EUR/USD spread, eligibility for residents of Syria, 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 Syria 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.

Deriv
Minimum deposit, $ 5 5 25 1 50
No
5 25 1 50
No
Accepts residents of country
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
ECN Spread EUR/USD
No
0,2 0,4 0,1 0,3 0,4 0,2 0,4 0,1 0,3 0,4
Currency pairs 50 57 70 80 60 40 57 70 80 60 40
Tradable assets 190 1400 270 8000 1000 150 1400 270 8000 1000 150
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 Syria, as well as their overall ratings based on our proprietary methodology.

Available in Syria
1
TU Overall Score 7.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
9 /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.
7.7 /10
  • Membership in The Financial Commission, which provides investment protection of up to €20,000;
  • Zero trading fees and a wide range of derivatives with floating and fixed spreads;
  • The minimum amount to trade options is $5.
  • Initial deposit starting from 5 units of the account's base currency - EUR, USD, GBP, AUD;
  • Trading platforms are customized to specific markets;
  • Client funds are held in segregated accounts in major banks;
  • Accounts are protected with two-factor authentication.
  • The broker does not offer the more user-friendly MetaTrader 4 platform for beginners;
  • Investment in PAMM or MAM accounts is not available;
  • There is limited educational content on the company's website.
Available in Syria
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.
7 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
10 /10
  • XM Broker guarantees 100% execution of orders, 99,35% of orders delivered nearly instantly. No requotes guaranteed;
  • No “markup” on narrow market spreads (broker's margins over the spread);
  • Over 1,000 trading instruments. Available for trading are: 57 currency pairs, including CFDs on cross rates, metals (including palladium and platinum), commodities (cocoa, cotton, grain), stocks;
  • No commission for replenishment and withdrawal of money. XM Broker incurs all commission costs of payment systems;
  • Around the clock support for 5 days a week in more than 30 languages.
  • Expanding their limited choice of trading platforms. Despite the fact that the broker offers 16 terminals, all of them are modifications of MT4 and MT5 for desktop, browser and mobile trading.
Available in Syria
3
TU Overall Score 7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.9 /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.
2.5 /10
  • favorable trading conditions;
  • work with the liquidity providers having a European license;
  • 270 instruments for trading: Forex instruments, CFDs on precious metals, energy products, and indices, cryptocurrencies as well as corporate shares and ETF;
  • spreads from 0 pips;
  • the ability to replenish the account and withdraw funds quickly;
  • bonuses and offers;
  • easy to use the software that is available on your desktop computer, laptop, tablet, or smartphone.
  • customer service works 24 hours although not on weekends;
  • no investment programs.
Available in Syria
4
TU Overall Score 7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
7.9 /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.
10 /10
  • 5,000+ trading assets, with stock assets trading on exchange markets available.
  • The company’s proprietary social trading platform (copy trading).
  • Relatively tight spreads on most assets.
  • The company’s own Supreme Edition plug-in for MT4 and MT5, which expands their technical and chart functionality.
  • Relatively low initial deposit that provides for opening trades within risk management subject to leverage.
  • Restrictions on leverage for retail traders without the “professional” status as required by regulators.
  • Withdrawal fee is charged.
Available in Syria
5
TU Overall Score 7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
8.4 /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.
7.1 /10
  • Minimum deposit is only $50;
  • Three account types that are suitable for both novice traders and professionals;
  • Demo account for novice traders to test trading conditions and strategies;
  • Possibility of passive income by connecting to social trading services;
  • Negative balance protection.
  • Small choice of payment methods for depositing and withdrawing funds;
  • No cent accounts for trading with reduced risks.
Available in Syria
6
TU Overall Score 6.9 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.
3.9 /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.
4.7 /10
  • high-security level;
  • favorable trading conditions, bonuses, and affiliate programs.
  • support service only works 24/5;
  • few features for passive trading;
  • no trading credits (analog of bonus for depositing) on МТ5;

Why trust us

We at Traders Union have analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we encourage users to perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Trading fees and commissions of top brokers in Syria

We compared both trading and non-trading fees of the top brokers in Syria. 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 Syria.

Trading fees
Deriv
ECN Spread EUR/USD
No
0,2 0,4 0,1 0,3 0,4 0,2 0,4 0,1 0,3 0,4
ECN Spread GBP/USD
No
0,2 0,4 0,2 0,4 0,4 0,2 0,4 0,2 0,4 0,4
ECN fee ($)
No
3,5 3 3 3 3 3,5 3 3 3 3
Standard acc. EUR/USD spread 0,7 1,0 0,2 0,7 1,5 0,5 1,0 0,2 0,7 1,5 0,5
Standard acc. GBP/USD spread 0,7 0,9 0,8 1,2 1,5 0,6 0,9 0,8 1,2 1,5 0,6
XAU/USD spread, pips 12 35 30 30
No
35
35 30 30
No
35
Non-trading fees
Deriv
Deposit fee, %
No
No
No
No
No
0-9
No
No
No
No
0-9
Withdrawal fee, %
No
No
0,1-3,5 1
No
0-2
No
0,1-3,5 1
No
0-2
Withdrawal fee, $
No
No
2-5 1
No
No
No
2-5 1
No
No
Inactivity fee, $ 25 10
No
10
No
No
10
No
10
No
No

Security and regulation of top brokers in Syria

When choosing a Forex broker in Syria, 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 Syria, helping you make a safe and informed choice.

Deriv
Regulation and safety 7.7 10 2.5 10 7.1 4.7 10 2.5 10 7.1 4.7
Regulation MFSA, LFSA, VFSC, BVI FSC, FSC (Mauritius) CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius)
No
FSA (Seychelles) FSCA, SCA ASIC, MISA
CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius)
No
FSA (Seychelles) FSCA, SCA ASIC, MISA
Max. Regulation Level Tier-2 Tier-1 Not regulated Tier-1 Tier-1 Tier-3 Tier-1 Not regulated Tier-1 Tier-1 Tier-3
Investor protection €20,000 £85,000
€20,000
No
£85,000
€20,000
No
No
£85,000
€20,000
No
£85,000
€20,000
No
No
Negative balance protection
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes

Top 3 brokers for beginners in Syria

This comparison highlights the best brokers in Syria 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 Syria.

xChief FXOpen Headway
Education score 6.65 4.61 6.17
Demo
No
Yes
No
Copy trading
Yes
Yes
Yes
PAMM
No
Yes
No
Cent
Yes
Yes
Yes

Is Forex regulated in Syria?

Forex trading is unregulated in Syria and is in a gray area. The Central Bank of Syria (CBS) exercises official control over the financial sector. However, foreign exchange trading is severely restricted due to economic sanctions and instability in the country.

Forex investor protection in Syria

There are no local investor protection mechanisms due to the lack of a legal framework and weak controls over financial transactions. Traders are advised not to use unregulated platforms and should choose international brokers with FCA or ASIC licenses.

Forex taxation in Syria

Forex trading income is not officially taxed, as this activity is not recognized as legal and is not regulated in the country.

How to choose a Forex broker in Syria

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 Syria:

  • Check regulation and security.

    Ensure the broker is regulated by a Tier-1 or Tier-2 regulatory authority or holds a valid license in Syria. 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 Syria 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 Syria.

  • Check customer support quality.

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

Is Forex trading halal or haram?

Forex trading can be halal for traders in Syria if conducted in compliance with Sharia principles. This includes avoiding riba (interest), excessive uncertainty (gharar), and speculative gambling. Islamic (swap-free) accounts offered by many brokers cater to Muslim traders by removing interest charges on overnight positions. Additionally, trading halal assets such as stocks, ETFs, gold, and certain currency pairs ensures ethical compliance. To support traders in Syria, we analyzed three brokers providing Islamic accounts with access to Sharia-compliant instruments.
Deriv XM Group FreshForex
Swap free account
Yes
Yes
Yes
ETFs
Yes
No
No
Stocks
Yes
Yes
Yes
Bitcoin
Yes
No
Yes
Currency pairs 50 57 70
Gold
Yes
Yes
Yes
Open an account Study review Study review Study review

Expert advice for traders in Syria

Author at Traders Union Parshwa Turakhiya
Updated on July 07, 2025

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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Team that worked on the article

Anastasiia Chabaniuk
Author, Financial Expert at Traders Union

Anastasiia has 17 years of experience in finance and content marketing. She believes that the support of information and expert opinion is very important for the success of investors and new traders. She is ready to share her knowledge of forex, stock and cryptocurrency trading, as well as help choose the right investment products and strategies to achieve active or passive income.

Chinmay Soni
Developmental English Editor

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. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

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. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).