10 Best Forex Brokers in Kuwait Compared (Top List 2025)

If you want to trade Forex in Kuwait, the first hurdle is to choose a good Forex Broker. To simplify your search, WR Trading has reviewed 10 of the best Forex brokers in Kuwait. Read on! We are sure that you will be able to make a choice after going through our guide

These are the Top 10 Forex Brokers for traders in Kuwait in 2025:

#1 BlackBull Markets 

As the best broker operating in Kuwait, BlackBull Markets is a New Zealand company known for its 26,000+ tradable instruments and fast trade execution speed. With BlackBull Markets, Kuwaiti traders can trade more than 70 currency pairs with reasonable leverage at speeds of about 20 milliseconds.

Key Facts About BlackBull Markets:

Feature	BlackBull Markets
Available in Kuwait	Yes
Account Types	ECN Standard, ECN Prime, ECn Institutional
Tradable Instruments	Forex, Commodities, Indices, Crypto, Equities, Metals,
Trading Platforms	TradingView, MetaTrader 4, MetaTrader 5, cTrader, BlackBull CopyTrader, BlackBull Invest
Regulation	Financial Services Authority in Seychelles
Minimum Deposit	$0 (ECN Standard) $2,000 (ECN Prime) $20,000 (ECN Instituional)
Minimum Order	0.01 lots
Leverage	Up to 1:500
Spreads	From 0.8 (ECN Standard) From 0.1 (ECN Prime) From 0.0 (ECN Institutional)
Commissions	Zero commission (ECN Standard) $6 per lot (ECN Prime) $4 per lot (ECN Institutional)
Accepted Currency	USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD, HKD, XAU, BTC, ETH
Transaction Options	Bank cards (Visa and MasterCard), Bank transfer, Crypto, Airtm, Skrill, Neteller, SEPA, HexoPay, AMEX, PaymentAsia, Poli, Beeteller, Boleto, AstoPay, Local bank transfer, Help2Pay, FXPay, FasaPay, China Union pay

#2 FP Markets

According to our analysis at WR Trading, FP Markets is on of the best Forex brokers for Kuwait traders. Since its inception in 2005, FP Markets has provided excellent services by offering tight spreads and sourcing its liquidity from premium financial Institutions. It uses an ECN pricing model, enabling its clients to trade from 0.0 pips on exotic currency pairs.

In our analysis, FP Markets stands out as the best choice because of its competitive spreads as low as 0.0 pips and regulation by over five reputable authorities. Additionally, traders can utilize a range of top-tier platforms like MT4, MT5, cTrader, IRess, Trading View, and WebTrader.

Key Facts About FP Markets:

Feature	FP Markets
Available in Kuwait	Yes
Account Types	Standard, Raw
Tradable Instruments	Metals, Forex, Shares, Indices, ETFs, cryptocurrencies, Bonds, commodities
Trading Platforms	TradingView, cTrader, MetaTrader 4, MetaTrader 5, WebTrader, FP Mobile App, IRESS
Regulation	CySEC, FSC Mauritius, FSCA South Africa, ASIC, ESMA, FSA
Minimum Deposit	$100 or equivalent
Minimum Order	0.01 lot
Leverage	500:1
Spreads	From 0.0 pips (Raw account) From 1.0 pips (Standard account)
Commissions	$0 (Standard) $3 per lot per side (Raw)
Accepted Currency	USD, EUR, CHF, GBP, JPY, CAD, AUD, HUF, ZAR, INR, NZD, and more
Transaction Options	Credit/debit card, cryptocurrencies, ePay, AstroPay, Google Pay, Skrill, Neteller, Perfect Money, International bank wire, Online Banking wallet

#3 Vantage Markets 

We rank Vantage Markets as our third-best broker in Kuwait. With this broker, Kuwaiti traders can trade over 40 exotic, minor, and major currency pairs. From its over 14 years of operation, Vantage Markets has expanded its portfolio to include over 1000 CFD products. It also offers an academy for Kuwaiti traders to access free webinars, articles, and videos.

Key Facts About Vantage Markets:

Feature	Vantage Markets
Available in Kuwait	Yes
Account Types	Pro ECN, Raw ECN, Standard STP, CENT, Premium, Swap-free
Tradable Instruments	Forex, Indices, Energy, Share CFDs, Precious Metals, ETFs, Bonds, Soft commodities
Trading Platforms	Vantage App, MetaTrader 4, MetaTrader 5, ProTrader, TradingView
Regulation	Australian Securities and Investment Commission (ASIC), Cayman Islands Monetary Authority (CIMA), VFSC, SIBL
Minimum Deposit	$50 (Standard and RAW), $10,000 (Pro ECN)
Minimum Order	0.01 lots (for Standard STP, CENT, Raw ECN, and Pro ECN accounts)
Leverage	Ranges from 100:1 to 500:1
Spreads	From 0.0 pips (Raw ECN and Pro ECN accounts) From 1.0 pip (Standard STP and CENT accounts)
Commissions	From $1.5 per standard lot round turn (Pro ECN account) From $6 per standard lot round turn (Raw ECN account) $0 (Standard STP and Standard Cent)
Accepted Currency	AUD, USD, GBP, EUR, NZD, SGD, JPY, CAD, HKD
Transaction Options	Domestic Fast Transfer, International EFT, BPAY, POLi Payment, Bank cards (MasterCard and Visa), China Union Pay, Neteller, Skrill, JCB, AstroPay, Broker-to-Broker Transfer, Pagsmile, Fasapay, Perfect Money, Thailand Instant Bank Transfer

#4 RoboForex 

As our fourth-rated Forex broker, RoboForex is a regulated financial organization that prioritizes customer satisfaction. It offers fast trade execution, negative balance protection, and a copy trading system. On its website homepage, RoboForex updates Kuwaiti traders with the latest market news and a comprehensive academic calendar.

Key Facts About RoboForex:

Feature	RoboForex
Available in Kuwait	Yes
Account Types	Prime, ECN, R StocksTrader, Pro, ProCent
Tradable Instruments	Stocks, Indices, Futures, ETF, Metals, Energy commodities, Commodities, Currencies
Trading Platforms	MetaTrader 4, MetaTrader 4 MultiTerminal, MetaTrader 5, R StocksTrader, R WebTRADER, R MobileTRADER
Regulation	Financial Services Commission of Belize
Minimum Deposit	10 USD / 10 EUR (For Prime, ProCent, Pro and ECN accounts), 100 USD (For R Stocks Trader)
Minimum Order	0.01 lot
Leverage	1:300 (Prime)1:500 (ECN and R StocksTrader)1:2000 (ProCent and Pro)
Spreads	Floating from 0 pips (Prime and ECN) From 0.01 USD (R StocksTrader) Floating from1.3 pips (ProCent and Pro)
Commissions	Not available for Pro and ProCent Available for Prime, ECN, and R StocksTrader
Accepted Currency	USD, EUR, GOLD, and more tradable currency pairs
Transaction Options	Local bank transfer, Skrill, AstroPay, Perfect Money, Neteller, SticPay, Bank cards, QR & vouchers

#5 Moneta Markets 

Based on our findings at WR Trading, Moneta Markets is our fifth-best Forex broker in Kuwait. This broker handles trades worth about 100 billion every month and offers 24/7 access to the global market via trading platforms such as MT4 and MT5. For traders who deposit a minimum of $500, they stand a chance of winning a 50% bonus credit.

Key Facts About Moneta Markets:

Feature	Moneta Markets
Available in Kuwait	Yes
Account Types	Direct STP, Prime ECN, Ultra ECN
Tradable Instruments	Forex, Indices, commodities, Share CFDs, ETFs, Bonds, Crypto CFDs, Bonds, Metals, Energy, and Index CFDs
Trading Platforms	AppTrader, CopyTrader, ProTrader, MetaTrader 4, MetaTrader 5, MetaTrader App, MT4 WebTrader
Regulation	Financial Sector Conduct Authority of South Africa, SLIBC
Minimum Deposit	$50 (For Direct STP and Prime ECN) $20,000 (For Ultra ECN)
Minimum Order	0.01 lot
Leverage	Up to 1000:1
Spreads	From 1.2 pips (Direct STP) From 0.0 pips (Prime ECN and Ultra ECN)
Commissions	$0 (Direct STP )$3 per lot per side (Prime ECN) $1 per lot per side (Ultra ECN)
Accepted Currency	AUD, USD, GBP, EUR, SGD, CAD NZD, JPY, HKD, BRL
Transaction Options	E-wallets, bank cards, bank transfers, PayPal, STICPAY, Neteller, Skrill, JCB, FasaPay

#6 Pepperstone 

Established in 2010 in Australia, Pepperstone is a renowned and transparent Forex broker with reasonable trading conditions. Its trading interface is suitable for both new and experienced traders. Kuwait investors can open a Pepperstone account without depositing anything. Furthermore, you can enjoy spreads as low as 0.0 pips on the broker’s razor account. 

Key Facts About Pepperstone:

Feature	Pepperstone
Available in Kuwait	Yes
Account Types	Standard, Razor
Tradable Instruments	Shares, Currency Indices, Indices, Commodities, Forex, Metals
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone Trading Platform, Pepperstone Mobile App
Regulation	Financial Conduct Authority (FCA) in the UK The Australian Securities and Investments Commission (ASIC) in Australia The Capital Markets Authority of Kenya (CMA) in Kenya The Securities Commission of The Bahamas (SCB) in The Bahamas The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in Germany The Dubai Financial Services Authority (DFSA) in the UAE The Cyprus Securities And Exchange Commission (CySEC) in Cyprus
Minimum Deposit	$0
Minimum Order	0.01 lot
Leverage	1:400
Spreads	Raw (for Razor), Variable (for Standard)
Commissions	No Commission (Standard account) $3,5 per lot per side (Razor account)
Accepted Currency	USD, GBP, EUR, AUD, CAD, CHF, JPY, NZD, SGD, HKD
Transaction Options	Bank transfer, Visa, MasterCard, Flutterwave, MPESA, Skrill, PayPal, Neteller

#7 IC Trading 

According to our findings at WR Trading, IC Trading is the seventh-best Oftex broker in Kuwait. This broker is a perfect choice for traders who use the scalping technique or expert advisers. With its reliable Equinix NY4 server, Kuwaiti FX investors can trade FX currency pairs at a mean speed of 40ms, reducing the probability of requotes.

Key Facts About IC Trading:

Feature	IC Trading
Available in Kuwait	Yes
Account Types	Raw Spread, Standard, Islamic
Tradable Instruments	Forex CFD, Cryptocurrencies, Commodities, Gold, Indices, Stocks, Bonds
Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, WebTrader, ZuluTrade
Regulation	FSC
Minimum Deposit	$200
Minimum Order	0.01 lot
Leverage	1:1000
Spreads	From 0 (Raw spread account) From 0.8 (Standard account)
Commissions	From $0 per lot per side (Standard) From $3.5 per lot per side (Raw MetaTrader) From $3 per lot per side (Raw cTrader)
Accepted Currency	USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, CAD
Transaction Options	Bank wires, credit/debit cards, PayPal, Neteller, and Broker to Broker.

#8 XM

XM, our eighth-ranked Forex broker in Kuwait, has been operating in the financial markets since 2009. This broker offers over 50 global currency pairs. Newbie traders can also access various Forex webinars and video tutorials and receive the guidance of personal account managers.

Key Facts About XM:

Feature	XM
Available in Kuwait	Yes
Account Types	Micro, Standard, Ultra low Standard, Shares
Tradable Instruments	Forex, Crypto, Shares, Energies, precious metals, Indices, commodities, turbo stocks, stocks derivatives
Trading Platform	MetaTrader 4, MetaTrader 5, XM Web trader, XM Mobile App
Regulation	Financial Services Commission of Belize, CySEC
Minimum Deposit	$5 (Micro, Standard, Ultra low standard) $10,000 (Shares)
Minimum Order	0.01 lot
Leverage	1000:1
Spreads	As low as 1.6 pips (Micro, Standard)As low as 0.8 pips (ultra-low Standard)
Commissions	Zero commission (Micro, Standard, Ultra low Standard) Available (Shares)
Accepted Currency	AUD, HUF, PLN, SGD, ZAR, USD, EUR, GBP, JPY, CHF
Transaction Options	Bank transfers, bank cards, e-wallets, and more

#9 FBS 

As our 9th best Forex broker in Kuwait, FBS has a reputation of almost zero requotes, VPS hosting services, and non-existent overnight trading fees. It operates with licenses from reputable bodies such as ASIC and CySEC. FBS’s customer service structure is ever prepared to help Kuwaiti traders navigate their trading journey.

Key Facts About FBS:

Feature	FBS
Available in Kuwait	Yes
Account Types	Standard, Cent
Tradable Instruments	Currency pairs, commodities, stocks, indices
Trading Platform	MetaTrader 4, MetaTrader 5, FBS App
Regulation	Cyprus Securities and Exchange Commission (CySEC), Financial Services Commission of Belize, Australian Securities and Investments Commission (ASIC)
Minimum Deposit	$5, but this may vary for different payment systems
Minimum Order	0.01 lot
Leverage	3000:1
Spreads	Floating from 0.7 pips
Commissions	From 0%
Accepted Currency	EUR, USD, CHF, GBP, JPY, CAD, AUD, NZD, TRY, MXN, SGD, ZAR, SEK, XAU
Transaction Options	Over  200+ payment methods. Bank wire transfers, bank cards, e-payment methods, and exchangers

#10 VT Markets 

From our perspective, VT Markets is the tenth-best broker in Kuwait. It offers access to state-of-the-art trading platforms, including TradingView, MetaTrader 4, and MetaTrader 5. It also offers a wide range of trading methods and a promo in which investors can use points to redeem awards.

Key Facts About VT Markets:

Feature	VT Markets
Available in Kuwait	Yes
Account Types	Standard STP and Raw ECN
Tradable Instruments	ETFs & Bond, Forex, precious metals, Energies, Indices, Soft commodities, CFD Shares
Trading Platform	MetaTrader 4, MetaTrader 5, TradingView, VT Markets App (https://www.vtmarkets.com/)
Regulation	Australian Securities & Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA) of South Africa, FSC Mauritius
Minimum Deposit	$100
Minimum Order	0.01 lot
Leverage	500:1
Spreads	From 1.2 pips (Standard STP) From 0.0 pips (Raw ECN)
Commissions	$0 (Standard STP) $6 per round turn (Raw ECN)
Accepted Currency	AUD, USD, HKD, GBP, EUR, CAD
Transaction Options	Unionpay transfer, Neteller, Skrill, Fasapay, Mobile pay,  bank cards, EU bank, Vietnam Instant Bank Wire Transfer, Thailand Instant Bank Transfer

Is Forex Trading Legal in Kuwait?

Yes, Forex trading is legal in Kuwait. However, Brokers and investors have to adhere to the legal structure, regulations, and licensing requirements stipulated by the country’s financial authority. 

How are Forex Brokers Regulated in Kuwait?

The Capital Markets Authority (CMA) regulates Forex brokers in Kuwait and provides licenses to brokers who want to operate legally in Kuwait. During the licensing procedure, the CMA reviews the Forex broker’s operational practices and financial stability. Brokers are also required to undergo frequent audits and inspections.

Security of the Regulation

The CMA enforces strict regulations on Forex brokers, which keeps them actively offering the best services to Kuwaiti traders. 

According to the CMA, all brokers must enforce Counter-Terrorist Financing (CTF) and Anti-Money Laundering (AML) systems to protect their traders from nefarious actors. Furthermore, the CMA mandates that all brokers segregate their operational funds from client funds while providing accurate information to clients on all their services.

How to Find Out if Your Forex Broker is Regulated in Kuwait

One sure way to verify the regulation of your Forex broker in Kuwait is to check the CMA’s website. The CMA’s official website contains the licensed brokers in Kuwait. Another way is to check if your broker records any details about its CMA licensing on its homepage or “About Us” section.

However, Kuwait accepts brokers regulated by reputable financial authorities such as the Cyprus Securities Exchange Commission (CySEC) and the Australian Securities and Investment Commission (ASIC). 

How WR Trading Tested The Best Forex Brokers in Kuwait

We recommended the best Forex Traders in Kuwait based on certain key metrics, which are as follows.

• Regulation and Security: All our recommended brokers are supervised by a reputable financial authority. They have several years of experience and financial mechanisms to keep investors’ funds safe.

• Trading Apps: We choose Forex brokers that allow traders to access popular trading platforms like MetaTrader and AppTrader. These apps have the technical tools and resources to guarantee a smooth trading experience.

• Swap-Free accounts: We checked for the availability of Swap-free accounts that don’t charge interest from overnight trading. Most Kuwaitis are Muslims, and their religious beliefs require them to use swap-free accounts.

Supported Payment Methods For Kuwaiti Traders

Kuwait has made deals with several multinational financial corporations. Therefore, the country allows Forex traders to use a wide range of payment methods. Let’s examine some of them.

• Bank Transfer: Kuwait permits both local and international bank transfers. Traders fund their accounts directly from a Kuwaiti bank or an international bank if they use an FX broker outside Kuwait.

• E-wallets: E-wallets are known for their convenience. Two popular E-wallets available in Kuwait are Skrill and Neteller. 

• Cryptocurrencies: Kuwait is in tune with the digital currency revolution. Traders can fund their accounts with Ethereum, Tether, Bitcoin, and other digital coins.

• Bank cards: American Express, MasterCard, and Visa cards are popular in Kuwait. 

Conclusion: The Best Forex Brokers Are Available in Kuwait

Kuwait has seen a reasonable rise in retail Forex trading. The country allows its residents to open accounts with regulated international brokers, and the Central Bank of Kuwait is in charge of Forex brokers in the country. 

As a Kuwaiti citizen trading Forex for the first time, you will likely run into several roadblocks. For this reason, WR Trading has dedicated itself to charting an easy course for newbie investors. The first step is to choose any of the 10 Forex brokers that we have recommended. From that point, we are sure that you will make significant progress.

Frequently Asked Questions on Forex Brokers in Kuwait