Bangladesh
Best International Online Forex Brokers In Bangladesh For 2023
Explore our curated selection of best Forex brokers in Bangladesh, rigorously tested with actual funds, all accessible within Bangladesh.
XM
Beginner score 4.4/5
FP markets
Beginner score 4.4/5
FXTM
Beginner score 4.3/5
Xtream Forex
Beginner score 4.3/5
IQ options
Beginner score 4.3/5
IC market
Beginner score: 4.2/5
Discover the advantages of the best trading app in Bangladesh by the best brokers in Bangladesh, for the year 2023:
Popularity Of The Best Online Brokers In Bangladesh
Curious about others opinions? Check out the number of users who selected these brokers for Forex trading in Bangladesh on The Brokers Rating in the past six months.
Popularity
Financial Market Regulation In Bangladesh
Brokers and trading platforms catering to citizens are subject to regulation, licensing, and oversight by the Securities and Exchange Board of India (SEBI), the nation’s financial markets regulator. Both SEBI and the Reserve Bank of India (RBI) are tasked with granting licenses to these brokers and ensuring their adherence to existing regulations.
SEBI has instituted various measures to safeguard participants in financial markets and to maintain market integrity. Despite these initiatives, illicit platforms making unrealistic promises of substantial profits remain prevalent. In general, if an opportunity appears overly advantageous, it often is. There’s no guarantee of overnight wealth through stock, forex, or CFD trading. Associating with unregulated or fraudulent brokers may lead to the complete loss of invested funds.
All the brokers and best trading apps in Bangladesh highlighted in our top list are registered with at least one reputable regulator and hold licenses to operate in Bangladesh.
Taxation Of Stock Trading In Bangladesh
Income tax is applicable to capital gains from stock trading, with a distinction between short-term and long-term gains.
Short-term gains occur when shares are sold within 12 months of purchase, attracting a 15% tax rate. On the other hand, long-term gains, applicable after 12 months of holding, are taxed at 10% for profits exceeding Rs.1 lakh. This tax is also applicable to shares traded outside . Intraday trading results in gains treated as business income, taxed according to the trader’s income tax slab.
Now, let’s explore the top international online brokers for forex trading in Bangladesh for 2023, starting with the winner, Exness.
Recommended for traders looking for broad market access and a professional trading environment.
|
Minimum deposit |
$2,000 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer |
|
Withdrawal methods |
Bank transfer
|
|
Withdrawal fee |
$0
|
|
Time to open account |
1-3 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of Interactive Brokers services, check out our review for 2023 |
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading.
|
Minimum deposit |
$50 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, eToro Money, PayPal, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay |
|
Withdrawal methods |
Bank transfer, Credit/debit cards, eToro Money, PayPal, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay |
|
Withdrawal fee |
$5 |
|
Time to open account |
1 day |
|
Inactivity fee |
Yes |
|
Read review |
For a detailed analysis of FBS services, check out our review for 2023 |
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service.
|
Minimum deposit |
$0 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, Paysafe, Skrill, ecommpay, PayU, PayPal |
|
Withdrawal methods |
Bank transfer
|
|
Withdrawal fee |
$0
|
|
Time to open account |
1 day |
|
Inactivity fee |
Yes |
|
Read review |
For a detailed analysis of HFM services, check out our review for 2023 |
Recommended for investors and traders looking for a great trading platform and solid research.
|
Minimum deposit |
$2,000 |
|
Fees class |
Average |
|
Deposit method |
Bank transfer, Credit/debit cards |
|
Withdrawal methods |
Bank transfer
|
|
Withdrawal fee |
$0
|
|
Time to open account |
1 day |
|
Inactivity fee |
Yes |
|
Read review |
For a detailed analysis of TOP FX services, check out our review for 2023 |
Recommended for traders interested in algorithmic stock trading.
|
Minimum deposit |
$0 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer |
|
Withdrawal methods |
Bank transfer |
|
Withdrawal fee |
$0
|
|
Time to open account |
1 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of XM services, check out our review for 2023 |
Recommended for experienced traders looking for an easy-to-use platform and a great user experience.
|
Minimum deposit |
$100 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, PayPal, Skrill |
|
Withdrawal methods |
Bank transfer, Credit/debit cards, PayPal, Skrill |
|
Withdrawal fee |
$0
|
|
Time to open account |
1 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of FP Markets services, check out our review for 2023 |
Recommended for options and futures traders focusing on us markets.
|
Minimum deposit |
$0 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer |
|
Withdrawal methods |
Bank transfer |
|
Withdrawal fee |
$10 |
|
Time to open account |
1 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of FXTM services, check out our review for 2023 |
Recommended for forex traders who are familiar with the metatrader trading platforms.
|
Minimum deposit |
$100 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal |
|
Withdrawal methods |
Bank transfer, Credit/debit cards, Neteller, Skrill, dotpay, Paysafecard, Sofort, Rapid by Skrill, PayPal |
|
Withdrawal fee |
$0 |
|
Time to open account |
1 day |
|
Inactivity fee |
Yes |
|
Read review |
For a detailed analysis of XtreamForex services, check out our review for 2023 |
Recommended for equity investors and cfd traders looking for easy-to-use trading platforms.
|
Minimum deposit |
$1 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, OnlineBankingPL, Giropay, Carte Bleue, Blik, Direct eBanking, Apple / Google Pay, PayPal, iDEAL |
|
Withdrawal methods |
Bank transfer, Credit/debit cards, OnlineBankingPL, Giropay, Carte Bleue, Blik, Direct eBanking, Apple / Google Pay, PayPal, iDEAL |
|
Withdrawal fee |
$0 |
|
Time to open account |
1 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of IQ Options services, check out our review for 2023 |
Recommended for forex traders who value a user-friendly platform and great research tools.
|
Minimum deposit |
$0 |
|
Fees class |
Low |
|
Deposit method |
Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay, MPESA+FaceID |
|
Withdrawal methods |
Bank transfer, Credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill, Union Pay, MPESA+FaceID |
|
Withdrawal fee |
$0 |
|
Time to open account |
1 day |
|
Inactivity fee |
No |
|
Read review |
For a detailed analysis of Pepperstone services, check out our review for 2023 |
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How Did We Select The Best International Online Brokers In 2023?
Save valuable research time! Our expert team has diligently completed the task for you, evaluating brokers based on The Brokers Rating’s distinctive methodology.
- We verified the broker’s regulation by a reputable authority.
- We analyzed fees comprehensively, encompassing spreads, withdrawal fees, and commissions.
- We thoroughly assessed and compared all facets of their services.
- We conducted hands-on testing of the platform, including charting, features, and usability, using real funds.
