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Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

co is committed to the highest ethical standards and reviews services independently. Learn How We Make Money. Home Global Trading. Published May 09, Last modified August 17, Overall Rating 9. Minimum Initial Deposit £ Trust Score Trust Score is a numerical rating from 1 - 99 that represents a broker's overall trust.

Trust Score Low Risk. Saxo Bank. Interactive Brokers. TD Ameritrade. Overall Rating 8. Admiral Markets. IC Markets. Steven Hatzakis Steven Hatzakis is the Global Director of Research for BrokerNotes. Will there be any commission offered on each trade besides the spread? You must know how much time you will need to wait before being eligible to withdraw money.

When we make a big investment we always want to be sure that we are taking the right decision. This makes opening a practice or demo account a must before trading with a new broker. The good news is that today almost all top Forex brokers in Ghana offer demo accounts. This will give you the opportunity to test the efficiency of the professional before committing your hard-earned money.

Go ahead and trade with real money only if you are happy with the interface. This is a must-follow tip particularly for beginners. There are some brokers who would allow you to trade with very little amount in your account. This in turn would reduce your chances of losing big money before getting well-acquainted with the world of Forex.

You should accept perks only if the broker has all the qualities mentioned above. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.

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Do not sell my personal information. Cookie settings ACCEPT. FBS offers quality education material, friendly trading conditions, and research tools.

Rated 71 of Recommended FX Brokers. Now it is your turn to participate:. Which Bank of Ghana Approved broker from this list do you intend to test out? What was the determining factor in your decision to engage with a certain broker? Regardless, please share your thoughts in the comments below. You might also like: Best Forex Brokers in Ethiopia.

You might also like: Best Forex Brokers in the Congo. You might also like: Best Forex Brokers in Cameroon. You might also like: Best Forex Brokers in Nigeria. You might also like: Best Forex Brokers in Kenya.

Our review of the best forex brokers in Ghana reveals that Exness is the most popular Broker choice amongst Ghanaian Traders. Overall, GO Markets can be summarised as a safe broker that provides competitive spreads on Contracts for Difference CFDs.

GO Markets does not offer a Sign Up Bonus. GO Markets also does not offer a welcome bonus or deposit bonus or the advantage. The GO Markets demo.

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Pros and Cons of Forex Trading in Ghana. Ghanaian Cedi-based Accounts and their low minimum deposit. Which forex brokers are approved by the Bank of Ghana? and much, much more!

Overall Rating. CySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint Maarten. MetaTrader 4, MetaTrader 5. Open a Real Account. USD ASIC, FSA, CBI, BVI,FSCA,FRSA,CYCES, ISA, JFSA. MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central. USD 0. FSCA, SCB. Meta Trader 4. Open a Trading Account. CySec, ASIC, FCA, BVI FSC, FSCA.

MetaTrader 4 MetaTrader 5 Markets. com propietary platform. MT4, MT5. Very Low. ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA. MetaTrader 4, MetaTrader 5 and cTrader, TradingView.

MetaTrader 4 and MetaTrader 5. IFSC, CySec, ASIC. USD 5. FCA, ASIC, DFSA.

To help you find the best forex brokers for beginners in Ghana in , we first looked at online brokers; then we checked and compared their fees , currency pair selection , charting tools and educational materials.

What makes a top forex broker for beginners? If you're a beginner, be careful with forex trading as forex products are complex and risky, therefore not suitable for everyone. You can easily lose all your invested money.

If you don't know how forex trading works, take a look at our forex education articles. If you feel a bit more comfortable with forex trading, we suggest you also check out our overall list of the best forex brokers. And now, let's see the top forex brokers for beginners in for Ghanaian citizens one by one, starting with the winner, Forex. com is a global FX and CFD broker established in com is a brand of StoneX Financial Ltd, whose parent company StoneX Group Inc is listed on the NASDAQ Stock Exchange NASDAQ:SNEX.

The company is regulated by several financial authorities, including the top-tier Financial Conduct Authority FCA in the UK, the US Commodity Futures Trading Commission CFTC and the National Futures Association NFA.

The group is also regulated by the Securities and Futures Commission of Hong Kong SFC. com is considered safe because it has a long track record, it is regulated by top-tier financial authorities, and its parent company is listed on a stock exchange. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Aslo, please note that CFDs are not available in the US — The products and services available to you at FOREX. com will depend on your location, and on which of its regulated entities holds your account. Recommended for forex traders looking for low fees and great research tools. To have a clear picture of forex fees, we calculated a forex benchmark fee for major currency pairs.

This catch-all benchmark includes commissions, spreads and financing costs for all brokers. All spreads, commissions and financing rates for opening a position, holding for a week and closing. com is a global CFD broker founded in It has offices located in the United Kingdom, Cyprus, Australia, Seychelles and Gibraltar, where each is authorized and regulated locally by the Financial Conduct Authority FCA , the Cyprus Securities and Exchange Commission CySEC , the Australian Securities and Investments Commission ASIC and the Financial Services Authority of Seychelles FSA , respectively.

Recommended for investors and cfd traders looking for a great trading platform and excellent customer service. Visit broker Visit broker More Take your time and compare at your own pace. Sign up to receive bite-sized emails on specific account opening processes, fee calculation, brokerage comparison and more. IG, established in the UK in , is one of the biggest CFD brokers in the world. It is regulated by several bodies globally, including top-tier regulators like the UK's Financial Conduct Authority FCA and Germany's Federal Financial Supervisory Authority BaFin.

IG Group is listed on the London Stock Exchange. IG is considered safe because it is listed on a stock exchange, discloses its financials and is overseen by top-tier regulators. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits. Recommended for traders of any experience level looking for an easy-to-use trading platform.

Interactive Brokers, one of the biggest US-based discount brokers , was founded in The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority FCA and the US Securities and Exchange Commission SEC.

Given that the broker has licenses from multiple top-tier regulators, has a long track record and publicly disclosed financials while being listed on a stock exchange; it all points towards IB being a safe service provider. Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.

In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers. Recommended for traders looking for broad market access and a professional trading environment. Visit broker. Visit broker More. XTB is a global CFD broker with headquarters in London and Warsaw, founded in The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority FCA.

In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials. XTB is considered safe because it has a long track record, is listed on a stock exchange and publishes its financial statements transparently.

HEADS UP: Recent feedback about deposit and withdrawal — The details of depositing by wire transfer might be unclear for some of our users according to recent feedback we received.

If you have problems, head to the 'Deposit and withdrawal' section of the review, where we explain how to make a free wire deposit to your XTB account under the section's 'Deposit and fees and options' heading. Forex brokers can charge commissions , spreads and financing fees.

When you trade forex on leverage and hold your position overnight, a fee will be charged. This is called financing cost. Financing costs change daily, and can add up if you hold your positions for a longer period. You saw the details, now let's zoom out. Here are the top forex brokers for beginners in for citizens in Ghana :.

com is our winner, the best forex broker for beginners for Ghanaian citizens in Low forex fees. Great variety of currency pairs. Diverse technical research tools. If you know enough about forex trading and are comfortable with possible risks, pick your favourite and take the next step in your trading journey. Let us know what you think in the comments section. Still unsure? Use our broker finder to pick the best broker for you. Everything you find on BrokerChooser is based on reliable data and unbiased information.

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Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers. FIND MY BROKER. Best brokers by category. Country-specific recommendations. Trading Platform. Broker reviews. Online broker reviews crafted by our team of experts. Fees, minimum deposit requirements, withdrawal, account opening, research tools and more. We use over 50, data points and a consistent, fact-based methodology.

ALL REVIEWS. Highest-rated brokers. Other popular brokers. Other reviews. For beginners. For advanced users. Topics we cover. The secret sauce. Learn more. Best forex brokers for beginners in Ghana in Dan S. Intro and winners 1 Forex. com 2 Capital.

Click here to visit FXOpen ». The payment methods and their availability is one of the first things to check. Click here to visit SimpleFX ». However, if you are new to trading, I recommend starting with www. The broker is headquartered in Australia and holds licenses in Australia, the United Kingdom, South Africa, and Seychelles. Visit broker.

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