Forex in Iran

Forex trading seems to be not allowed in Iran and there are not local iranian Forex brokers in this country. Traders living abroad can use global forex brokers.

List of best Forex brokers in Farsi

Here you can find a list of global reliable Forex brokers online offering service in Farsi for iranian traders living abroad.

Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:3000
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 200 €
Leverage ≤1:3000
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 20 €
ECN
Leverage ≤1:1000
فارسی
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit 30 €
ECN (min. deposit) 500 €
Leverage ≤1:3000
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
فارسی
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100
Popularity
ECN
فارسی
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1000 €
ECN (min. deposit) 1000 €
Leverage ≤1:400
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 2000 €
Leverage ≤1:500
فارسی
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
فارسی
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:200
فارسی
Platforms MT4 ✓
Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:500
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
فارسی
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:500
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:1000
فارسی
Platforms MT4 ✓
Popularity
Min. Deposit 25 €
ECN
Leverage ≤1:1000
فارسی
Popularity
Min. Deposit 10 €
ECN (min. deposit) 500 €
Leverage ≤1:500
فارسی
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:30
فارسی
Platforms MT4 ✓

The Central Bank of Iran has implemented strict regulations on the foreign exchange market, making it difficult for individuals and businesses to buy and sell currencies.

However, despite these restrictions, many Iranians still participate in the forex market through different channels. They often use unofficial money changers or online platforms that operate outside of the country to buy and sell currencies.

Forex traders in Iran should be aware of the risks and should consult with an expert before investing in the market. It is also important to be aware of the latest regulations and to stay informed about any changes to the laws and regulations surrounding forex trading in Iran.

What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.