For people who want to trade Forex in Qatar, they must select a regulated broker with transparent business operations. Through intense research and analysis, we have identified 10 of the best Forex brokers in this Middle Eastern country. Read on as you get the necessary insight to build a successful Forex trading career.
These are the Top 10 Forex Brokers for traders in Qatar in 2025:
Broker:
Availability:
Advantages:
Account:
Available in Qatar
Deposit Currencies: QAR, USD, EUR, GBP, AUD, NZD, SGD, CAD, JPY, CHF
- No Minimum Deposit
- Spreads from 0.0 Pips
- 26,000+ Markets
- Leverage up to 1:500
- Low Commission from 2$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Invest Account
- New Zealand regulated
Available in Qatar
Deposit Currencies: QAR, AUD, USD, EUR, GBP, SGD, CAD, CHF, ZAR, HKD, JPY, MXN, BRL
- 5x regulated broker
- Spreads from 0.0 Pips
- More than 10,000 markets
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, IRRES
Available in Qatar
Deposit Currencies: QAR, USD, EUR, AUD, SGD, CAD, GBP, NZD, JPY, HKD
- ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:500
- Low Commission from 1.5$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
Available in Qatar
Deposit Currencies: QAR, EUR, USD
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
Available in Qatar
Deposit Currencies: QAR, USD, EUR, GBP, AUD, SGD, JPY, CAD, HKD, BRL
- ECN/STP Accounts
- Spreads from 0.0 Pips
- Leverage up to 1:1000
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- MT4/5 and Pro Trader
Available in Qatar
Deposit Currencies: QAR, GBP, USD, EUR, CHF
- Tier-1 Regulated Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader
Available in Qatar
Deposit Currencies: QAR, AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF
- Raw Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- cTrader, MT4 ,MT5
Available in Qatar
Deposit Currencies: any (automatically converted into base currency of the account)
- Multiple regulated
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 2$/1 Lot
- Personal support
- MT4, MT5
Available in Qatar
Deposit Currencies: QAR, EUR, USD
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 4$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5
Available in Qatar
Deposit Currencies: QAR, USD, AUD, GBP, EUR, CAD, JPY, HKD
- Offshore A-Book Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500
- High liquidity and fast execution
- MT4, MT5
#1 BlackBull Markets
Ranked as best forex broker in Qatar, BlackBull Markets is a New Zealand broker. Traders who want a commission-based execution model can use BlackBull Markets. The broker also uses an ECN trading model. It also has many state-of-the-art trading platforms including MT5 with technical tools and VPS hosting for experienced investors. Blackbull Markets also provides the latest news and trends for the Forex market on its website homepage.
Key Facts About BlackBull Markets:
Feature | BlackBull Markets |
---|---|
Available in Qatar | 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, AstroPay, Local bank transfer, Help2Pay, FXPay, FasaPay, China Union pay |
#2 FP Markets
FP Markets is the 2nd best Forex broker in Qatar. We have noticed that it offers reasonably low spreads on minor, major, and exotic currency pairs. It also has a package for Sharia-compliant traders in Qatar. We noted that this broker offers 24/7 customer support in Arabic via email, phone, and live chat. It also offers an Islamic account for Muslim Qatari traders. FP Markets supports a wide range of basic and advanced trading apps.
FP Markets takes the lead in our comparison, offering ultra-competitive spreads starting at 0.0 pips and holding licenses from over five trusted regulators. Traders can access multiple premier platforms including MT4, MT5, cTrader, IRess, Trading View, and WebTrader.
Key Facts About FP Markets:
Feature | FP Markets |
---|---|
Available in Qatar | Yes |
Account Types | Standard, Raw |
Tradable Instruments | Metals, Forex, Shares, Indices, ETFs, cryptocurrencies, Bonds, commodities |
Trading Platforms | TradingView, cTrader, MetaTrader 4, MetaTrader 5, WebTrader 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, SGD, PLN, BRL, NGN, ZAR, MXN |
Transaction Options | Credit/debit card, cryptocurrencies, ePay, AstroPay, Google Pay, Skrill, Neteller, Perfect Money, International bank wire, Online Banking wallet |
#3 Vantage Markets
According to our research at WR Trading, Vantage Markets is the third-best Forex broker in Qatar. It is a platform where you can trade popular currency pairs such as USD/JPY, EUR/USD, and many others. This broker has more than a decade of market experience, offering reliable services to customers in Qatar and other Middle Eastern nations. They have had standard security encryption, including a facial recognition lock option.
Key Facts About Vantage Markets:
Feature | Vantage Markets |
---|---|
Available in Qatar | 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
We place RoboForex as the fourth-best Forex broker in Qatar. RoboForex offers a wide range of account types with a minimum lot size of 0.01. It offers negative balance protection and is a member of the Financial Commission Compensation Fund. The deposit and withdrawal methods work efficiently for Qatari traders. RoboForex also offers a risk-free demo environment for traders to try out and perfect their strategies.
Key Facts About RoboForex:
Feature | RoboForex |
---|---|
Available in Qatar | 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 from 1.3 pips (ProCent and Pro) |
Commissions | Not available for Pro and ProCentAvailable for Prime, ECN, and R StocksTrader |
Accepted Currency | USD, EUR, GOLD |
Transaction Options | Local bank transfer, Skrill, AstroPay, Perfect Money, Neteller, SticPay, Bank cards, QR & vouchers |
#5 Moneta Markets
As a fifth-rated FX broker operating in Qatar, Moneta Markets is built for high intensity trading via platforms such as MetaTrader 4, MetaTrader 5, and CopyTrader. This broker has servers located in major financial hubspots such as Hong Kong, London, and New York. Despite Moneta’s recent entry into the Forex brokerage market, Moneta Markets has established ties with the deepest liquidity providers in retail trading.
Key Facts About Moneta Markets:
Feature | Moneta Markets |
---|---|
Available in Qatar | 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, Skrill, Neteller, FasaPay, JCB |
#6 Pepperstone
As our sixth-best Forex broker in Qatar, Pepperstone is a great platform for social copy trading and competitive pricing. It has great educational videos and course materials for new traders. This broker’s premium razor account is ideal for high-volume traders. Pepperstone uses the latest encryption algorithms to safeguard clients’ personal and financial information. Lastly, the broker requires a minimum deposit of $0 to open an account.
Key Facts About Pepperstone:
Feature | Pepperstone |
---|---|
Available in Qatar | Yes |
Account Types | Standard, Razor |
Tradable Instruments | Shares, Currency Indices, Indices, Commodities, Forex |
Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone Mobile App, Pepperstone Trading Platform |
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
At WR Trading, we have rated IC Trading as our seventh-best international Forex broker operating in Qatar. It is a great option for scalpers and high volume traders who don’t want requotes. IC Trading offers diverse payment methods including bank cards, bank transfers, and e-wallets. This broker also continually reviews its educational resources and adds new content based on industry standards.
Key Facts About IC Trading:
Feature | IC Trading |
---|---|
Available in Qatar | 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 |
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 From $3.5 per lot per side From $3 per lot per side |
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
As our eighth-best Forex broker in Qatar, XM is dedicated to fairness and reliable customer service. The broker makes it fast and easy for Qatari customers to open a new account. It also offers a demo account, along with a wide portfolio of educational resources. XM offers various transaction options such as Skrill, Neteller, and bank cards. Furthermore, this broker offers customer support in Arabic language for Qatari traders.
Key Facts About XM:
Feature | XM |
---|---|
Available in Qatar | 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
According to our analysis at WR Trading, FBS is the ninth-best Forex broker in Qatar. Since 2009, FBS has won more than 90 international awards. This broker has a high customer retention rate. With a minimum order volume, FBS executes trades within seconds with minimal requotes. This company follows every international financial law. As a Qatari investor, you are not likely to run into disputes with FBS.
Key Facts About FBS:
Feature | FBS |
---|---|
Available in Qatar | 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 including Bank wire transfers, bank cards, e-payment methods, and exchangers |
#10 VT Markets
VT Markets is our tenth-best broker in Qatar, based on our analysis at WR Trading. Since its establishment in 2016, this broker from Australia has established itself in the CFD and Forex trading sector. It has licenses from the most reputable organizations such as FSCA and ASIC. VT Markets offers access to top-class trading apps such as TradingView, MetaTrader 4, MetaTrader 5 and VT Markets app.
Key Facts About VT Markets:
Feature | VT Markets |
---|---|
Available in Qatar | 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, and VT Markets App |
Regulation | Australian Securities & Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA) of South Africa, Mauritius Financial Services Commission (MU FSC) |
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 Qatar?
Yes. Qatar allows its residents to trade Forex. However, it is best to trade with brokers recognized by the Qatar Central Bank or reputable international regulatory agencies such as the Australian Securities and Investments Commission (ASIC), CySEC, and FSCA of South Africa.
How are Forex Brokers Regulated in Qatar
The Qatar Financial Markets Authority (QFMA) regulates Forex brokers in Qatar. Before receiving a license from the QFMA, brokers have to submit proof of a sufficient capital base and effective risk management policies.
The Qatar Financial Center Regulatory Authority (QFCRA) and the Central Bank of Qatar (CBQ) also play key roles in overseeing the country’s financial landscape.
Security of the Regulation
International Forex brokers must operate under stringent rules in Qatar. The QFMA usually evaluates every broker’s management strategies, operational procedures, and capability to adhere to standards.
The organization also requests that brokers submit reports on their trading activities and financial status. The QFMA seeks to protect clients’ interests by ensuring that all brokers provide transparent terms of service.
How to Find out if Your Forex Broker is Regulated in Qatar
The best way to find out the legitimacy of your forex broker in Qatar is to check the Qatar Financial Market Authority’s website. On their web platform, you will search a list of licensed brokers with permission to operate in the country. If you have the broker’s QFMA license number, you can check its validity on the website as well.
As a last resort, contact the regulatory agency’s customer service to inquire about your broker’s regulatory status. The QFMA also offers insights on fraudulent financial companies to avoid.
As a Qatari trader, you are also allowed to use Forex brokers overseen by top supervisory agencies such as the Cyprus Stock Exchange (CySEC), the Australian Securities and Investments Commission (ASIC), and the UK’s Financial Conduct Authority (FCA).
How WR Trading Tested the Best Forex Brokers in Qatar
At WR Trading, we paid attention to certain key factors before recommending the best trading brokers. Some of them include:
- Payment Options: We checked every broker’s payment method. All our recommended Forex brokers operating in Qatar support well-known payment methods encompassing popular e-wallets, bank cards, and international bank transfers. We ensured that these payment methods had fast processing speed.
- Customer support structure: We checked for the presence of reliable customer support channels such as phone, email, and live chat and ensured that these support channels were available 24/7. One of our main priorities was the availability of Arabic, Qatar’s main language.
- Islamic Account: We understand the importance of swap-free (or Islamic) accounts to Qatari citizens. All our recommended Forex brokers follow Sharia law’s no-interest requirement.
Supported Payment Methods for Qatari Traders
Qatar has integrated itself with the global payment system. Furthermore, it also has a well-developed local banking structure. Therefore, Qatar supports several payment methods for Forex trading. Some of them include:
- Bank transfers: Qatar supports local bank transfers and SWIFT (international) transfers for Forex trading.
- Bank cards: We noticed that Qatari traders can use debit and credit cards from world-class companies like MasterCard, American Express, and Visa.
- E-wallets: E-wallets are becoming increasingly popular worldwide because of their convenience and mobile compatibility. Examples include Neteller, Skrill, Google Pay, and PayPal.
- Online Payment Gateways: An example of a widespread payment gateway in Qatar is QPay.
Conclusion: The Best Forex Brokers Are Available in Qatar
Many international Forex brokers are operating in Qatar. However, all of them are not equal. WR Trading is an organization that prioritizes helping investors to make the right broker.
We have conducted our research and selected 10 of the best brokers operating in this rich Middle Eastern country. We paid attention to the most important metrics to select these companies. When you sign up on any of them, take time to learn Forex trading strategies via their academy resources.
Top Forex Brokers in Qatar and Their Key Features:
- BlackBull Markets – Great for varying degrees of ECN trading
- FP Markets – Best overall Forex broker in all aspects
- Vantage Markets – Great for high level trading with an array of leading trading platforms
- RoboForex – offers a wide range of account types and trading conditions
- Moneta Markets – Renowned for its simple and interactive trading platform
- Pepperstone – Availability of competitive pricing for high volume trading
- IC Trading – known for its low latency trade execution and tighter spreads
- XM – Beginner-friendly Forex broker
- FBS – Great for promotional offers
- VT Markets – known for its robust trading environment and reliable customer support
Frequently Asked Questions:
Is Forex Trading Legal in Qatar?
Yes, Forex Trading is legal in Qatar. All international brokers operating in the country must adhere to the country’s legal and financial regulations. The QFMA is in charge of enforcing the rules.
Are There any Limitations or Restrictions Associated With Forex Trading in Qatar?
Yes, there are. All Forex traders must either have a license from the Qatar Central Bank or be under the regulation of a reputable supervisory organization. Also, Qatar is an Islamic country. Therefore, any broker operating in Qatar must offer swap-free accounts in accordance with Sharia law. No broker must charge interest on overnight trading positions in Qatar.
At present, Qatar does not charge taxes on Forex trading profits. Nevertheless, it is best to remain on the lookout for any charges for this policy.
What are the Currencies Available for Forex Trading in Qatar?
Qatari Forex traders can trade a wide range of minor, major, and exotic currency pairs. Examples include USD/EUR, USD/JPY, and GBP/USD. However, you need to check your specific broker to know the currencies available for Forex trading.
Are there Risks Associated with Forex Trading in Qatar?
Yes, there are risks associated with Forex trading in Qatar, just like in any other country. Some types of risks include liquidity risk, market risk, and leverage risk. To reduce these risks, you need to learn the basics of Forex trading and employ the necessary risk management strategies.