Top 10 Forex Brokers In Ukraine For 2024

Top Forex Brokers in Ukraine For 2024

Have a glance at the top Forex brokers in Ukraine below:

1. Exness

Established in 2008 and headquartered in Cyprus, Exness is one of the most well-respected top forex brokers in Ukraine and CFD broker serving a large clientele across Asia and Europe. With over a decade of experience, Exness is known for its reliability, transparency, and competitive trading conditions.

Features

• Regulation: Exness operates under the regulation of various authorities, including FSA Seychelles, FSCA South Africa, BVI FSC, FSC Mauritius, CMA Kenya, FCA UK, and CySEC, ensuring compliance with strict regulatory standards.
• Tradable Instruments: The platform offers a diverse range of assets, including currencies, stocks, indices, commodities, and cryptocurrencies, catering to traders’ diverse needs.
• Trading Platforms: Traders have access to advanced platforms like MT4 and MT5, known for their stability, functionality, and customization options.
• Competitive Conditions: Exness provides competitive trading conditions, including low spreads, flexible leverage options, and no minimum deposit requirements, making it accessible to traders of all levels.
• Educational Resources: The broker offers comprehensive educational resources, such as tutorials, webinars, and market analysis, empowering traders to make informed decisions.
• Customer Support: Traders benefit from 24/7 customer support in multiple languages, ensuring prompt assistance and effective query resolution.

Pros

• Stringent Regulation: Exness is regulated by multiple reputable authorities, instilling trust and confidence among traders.
• Competitive Trading Conditions: Traders enjoy competitive conditions with low spreads, flexible leverage, and no minimum deposit requirements.
• Advanced Trading Platforms: Access to platforms like MT4 and MT5 enables efficient trade execution and management.
• Comprehensive Education: The broker offers a wealth of educational resources, empowering traders to enhance their skills and knowledge.
• 24/7 Customer Support: Traders have access to round-the-clock customer support, ensuring timely assistance and issue resolution.

Cons:

• Limited Availability: Exness may not be available to retail clients in certain regions, limiting accessibility for traders.
• Regulatory Variations: Regulatory oversight may vary depending on the trader’s location, leading to potential differences in investor protection.
• Limited Asset Variety: Compared to some competitors, Exness may offer a more limited range of assets, restricting trading opportunities for some traders.

In summary, Exness is a reputable forex and CFD broker offering traders a reliable and transparent trading environment.

With its stringent regulation, competitive conditions, advanced platforms, comprehensive education, and reliable support, Exness caters to the diverse needs of traders worldwide, making it a preferred choice for traders of all levels.

2. Avatrade

Established in 2006 and headquartered in Ireland, Avatrade has emerged as a prominent forex and CFD broker renowned for its robust regulatory framework and extensive array of trading instruments. With over 15 years of industry experience, Avatrade aims to provide traders with a secure and dynamic trading environment.

Features

• Regulatory Compliance: Avatrade operates under the oversight of reputable regulatory authorities such as FSCA South Africa, CBI Ireland, ASIC Australia, and FSA Japan, ensuring adherence to strict regulatory standards and client protection measures.
• Diverse Tradable Instruments: With a catalog of over 840 CFDs and vanilla options spanning currencies, stocks, indices, commodities, and cryptocurrencies, Avatrade offers traders a comprehensive range of trading opportunities across various asset classes.
• Range of Trading Platforms: Avatrade provides access to a diverse selection of trading platforms, including AvaTradeGo, AvaOptions, AvaSocial, MT5, Proprietary, MT4, WebTrader, and DupliTrade, catering to the individual preferences and trading styles of its clientele.
• Competitive Trading Conditions: Traders benefit from competitive trading conditions, including a minimum deposit requirement of $50, maximum leverage of up to 1:30, and the availability of both Market Maker and Dealing Desk services, ensuring flexibility and accessibility for traders of all levels.
• Educational Resources: Avatrade offers a wealth of educational resources, including articles, tutorials, videos, and webinars, empowering traders with the knowledge and insights necessary to enhance their trading skills and strategies.
• Customer Support: Clients enjoy multilingual customer support services available 24/5 via phone, email, and live chat, providing prompt assistance and effective resolution of queries and concerns.

Pros

• Regulatory Adherence: Avatrade’s compliance with multiple Tier-1 regulatory authorities instills trust and confidence among traders, ensuring transparency, security, and client protection.
• Diversity of Trading Instruments: With an expansive selection of over 840 CFDs and vanilla options, Avatrade offers traders ample opportunities for portfolio diversification and trading across various global markets.
• Versatile Trading Platforms: The availability of multiple trading platforms caters to diverse trading preferences and styles, offering traders flexibility and convenience in executing their trading strategies.
• Low Minimum Deposit Requirement: Avatrade’s minimum deposit of $50 makes trading accessible to traders of all experience levels, including those new to the financial markets.
• Comprehensive Educational Resources: Avatrade provides traders with a wealth of educational materials to deepen their understanding of trading concepts and strategies, empowering them to make informed trading decisions.

Cons

• High Inactivity Fees: Traders may incur high inactivity fees, potentially impacting those who are not actively engaged in trading on the platform.
• Limited Account Options: The availability of a single account option may restrict trader flexibility and choice, particularly for those with specific trading preferences or requirements.
• Withdrawal Process: Traders may find the exclusive reliance on bank transfers for withdrawals inconvenient, especially if they prefer alternative withdrawal methods with faster processing times.

In summary, AvaTrade distinguishes itself as a reputable and customer-focused forex and CFD broker, offering traders a secure and dynamic trading environment with competitive conditions, diverse trading instruments, versatile platforms, comprehensive education, and reliable customer support.

With its unwavering commitment to regulatory compliance and client satisfaction, Avatrade continues to be a preferred choice for traders seeking to navigate the financial markets with confidence and success.

3. XTB

Founded in 2002 and headquartered in Poland, XTB has positioned itself as a prominent provider of forex and CFD trading services, granting traders access to a diverse array of trading instruments across multiple asset classes.

With nearly two decades of industry presence, XTB is dedicated to delivering a comprehensive and user-friendly trading environment to its global clientele.

Features

• Regulatory Compliance: XTB operates under the supervision of respected regulatory bodies such as FCA UK, CNMV Spain, KNF Poland, FSC Mauritius, and CySEC, ensuring strict adherence to regulatory standards and client protection.
• Multilingual Support: With support available in 15 languages, XTB caters to a diverse international audience, facilitating effective communication and accessibility for traders worldwide.
• Wide Product Range: XTB offers an extensive selection of trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies, providing traders with ample opportunities for portfolio diversification.
• Flexible Account Requirements: With a minimum deposit of $0, XTB offers accessibility to traders of all levels of experience, enabling them to start trading with minimal financial commitment.
• Advanced Trading Platforms: XTB provides traders with access to industry-leading platforms like MT4 and xStation 5, renowned for their advanced features, intuitive interface, and robust trading tools, catering to diverse trader preferences.
• Comprehensive Research Tools: Traders benefit from a range of research tools and resources offered by XTB, including market analysis, economic calendars, and educational materials, empowering them to make informed trading decisions.

Pros

• Regulatory Adherence: XTB’s compliance with regulations by reputable authorities fosters trust and confidence among traders, ensuring transparency, security, and client protection.
• Competitive Pricing: XTB offers competitive pricing, including tight spreads and low commissions, enhancing the overall cost-effectiveness of trading for its clients.
• User-Friendly Platforms: Access to user-friendly and feature-rich platforms such as MT4 and xStation 5 enables traders to execute trades seamlessly and efficiently, regardless of their trading experience.
• Educational Resources: XTB provides traders with access to comprehensive educational resources, including tutorials, webinars, and market analysis, empowering them to enhance their trading knowledge and skills.
• Customer Support: With dedicated customer support available 24/5 via phone, email, and live chat, XTB ensures prompt assistance and effective resolution of queries and concerns for its clients.

Cons

• Limited Withdrawal Options: Traders may find the limited selection of withdrawal methods, primarily through bank transfers, inconvenient compared to brokers offering a broader range of options.
• Platform Complexity: The complexity of the platform interface, especially for novice traders, may pose a challenge for those unfamiliar with advanced trading features and tools.
• Withdrawal Processing Times: Traders may experience longer withdrawal processing times, particularly with bank transfers, leading to delays in accessing funds.

In conclusion, XTB emerges as a reputable and client-focused forex and CFD broker, offering traders a comprehensive and user-friendly trading experience supported by stringent regulatory oversight, competitive pricing, advanced trading platforms, educational resources, and responsive customer support. With its commitment to innovation and client satisfaction, XTB continues to be a preferred choice for traders seeking a reliable partner in navigating the financial markets with confidence and success.

4. FP markets

FP Markets, founded in 2005, has positioned itself as a prominent player in the forex and CFD industry, offering a comprehensive range of trading options across various asset classes. With regulation from respected authorities such as the FSCA in South Africa, ASIC in Australia, and CySEC in Cyprus, FP Markets ensures a secure and transparent trading environment for its clients.

Features

• Regulatory Compliance: FP Markets strictly adheres to regulatory standards set by reputable authorities, including the FSCA, ASIC, and CySEC.
• Multilingual Support: The platform provides assistance in multiple languages to serve its diverse global clientele.
• Product Range: FP Markets offers a diverse array of trading instruments, including currencies, ETFs, cryptocurrencies, bonds, indices, and commodities.
• Leverage Options: Maximum leverage varies based on regulatory jurisdiction, providing traders with flexibility.
• Trading Desk Type: Operating with a no-dealing desk trading desk type ensures fair and transparent trade execution.
• Trading Platforms: Clients have access to advanced trading platforms such as MT5, cTrader, IRESS, MT4, and Mottai, delivering a seamless trading experience.
• Deposit and Withdrawal Options: FP Markets supports various deposit and withdrawal methods, including PayPal, wire transfer, Skrill, Neteller, and credit card payments.

Pros

• Competitive Pricing: FP Markets offers competitive pricing structures, ensuring cost-effective trading for clients.
• Diverse Range of Instruments: Traders can diversify their portfolios with access to a broad range of trading instruments.
• Dedicated Account Managers: The platform provides dedicated account managers to assist clients with their trading needs and inquiries.
• Multilingual Assistance: Round-the-clock multilingual support is available to cater to clients from diverse linguistic backgrounds.
• Access to Advanced Tools: FP Markets provides access to advanced trading tools such as Autochartist and Trading Central, enhancing the trading experience for clients.

Cons

• Regulatory Considerations: While FP Markets operates under stringent regulations, traders should be mindful of the regulatory requirements in their respective jurisdictions.
• Lack of Proprietary Platform: FP Markets does not offer a proprietary trading platform, which may be a drawback for traders seeking a unique trading experience.

FP Markets stands out as a reputable brokerage firm in the forex and CFD industry, delivering competitive pricing, a diverse range of trading instruments, and access to advanced trading tools. Through its commitment to regulatory compliance and client satisfaction, FP Markets provides a reliable trading environment suitable for traders of all levels.

5. eToro

Established in 2007 and headquartered in Israel, eToro has cemented its position as a premier derivatives broker, renowned for its extensive range of trading instruments, supportive tools, and an innovative proprietary platform.

Features

• Regulatory Compliance: eToro operates under the regulation of CySEC, FSA Seychelles, FCA UK, and ASIC, ensuring adherence to regulatory standards.
• Multilingual Support: Available in multiple languages, eToro caters to a diverse global audience.
• Product Diversity: Offers trading across various instruments, including Currencies, Stocks, ETFs, Crypto, Indices, and Commodities.
• Minimum Deposit: Requires a minimum deposit of $50.
• Maximum Leverage: Maximum leverage varies based on regulatory jurisdiction.
• Trading Desk Type: Operates as a Market Maker.
• Trading Platforms: Accessible through the eToro Platform.
• Deposit and Withdrawal Options: Provides a variety of deposit and withdrawal methods for convenience.

Pros

• Stringent Regulation: Regulated by multiple reputable authorities, instilling trust and security.
• Feature-Rich Platform: Boasts a platform rich in features and supporting tools.
• Social Trading: Offers an extensive array of social trading options.
• Hedging Strategies: Suitable for implementing hedging strategies.
• Competitive Pricing: Provides competitive pricing for a favorable trading experience.

Cons

• Limited Desktop Platform Availability: The availability of desktop platforms is limited.
• Prohibition of Scalping: Scalping is not allowed on the platform.

eToro serves as a market maker, granting access to a diverse array of trading instruments. With competitive pricing and a comprehensive set of features, it caters to traders of all proficiency levels, particularly those interested in copy trading and technical analysis.

6. Vantage

Founded in 2009 and based in Australia, Vantage is a forex and CFD broker regulated by ASIC and FSCA in South Africa, offering traders access to over 940 instruments across various asset classes.

Features

• Regulatory Compliance: Vantage is regulated by FSCA South Africa, CIMA Cayman Islands, ASIC Australia, and VFSC Vanuatu, ensuring adherence to regulatory standards.
• Multilingual Support: The platform offers support in multiple languages, including English, French, Arabic, Italian, Spanish, Chinese, Greek, and Malaysian.
• Product Range: Vantage provides a comprehensive range of trading instruments, including Currencies, Stocks, ETFs, Crypto, Indices, Commodities, and Futures.
• Minimum Deposit: With a minimum deposit of $50, Vantage ensures accessibility for traders of varying levels.
• Maximum Leverage: Maximum leverage varies based on regulatory jurisdiction, providing flexibility to traders.
• Trading Desk Type: Vantage offers ECN and No dealing desk options, accommodating diverse trading preferences.
• Trading Platforms: Traders have access to MT4, MT5, and ProTrader platforms, catering to different trading styles.
• Deposit and Withdrawal Methods: Vantage supports various deposit and withdrawal methods for trader convenience.

Pros

• Variety of Platforms: Multiple platforms cater to different trading styles and preferences.
• Educational Resources: Extensive educational materials empower traders with knowledge and insights.
• Competitive Pricing: Vantage offers competitive pricing with raw spreads across various markets.
• Advanced ProTrader Features: The ProTrader platform offers advanced features for enhanced trading capabilities.
• Comprehensive Research Tools: Access to robust research tools and resources aids in making informed trading decisions.

Cons

• Delayed Order Execution: Traders may experience delays in order execution, impacting certain trading strategies.
• Higher Swap Fees: Slightly higher swap fees could affect traders holding positions overnight.
• Limited Compensation Scheme: The compensation scheme is limited to one entity, which may concern some traders.

Registering with Vantage provides traders with competitive pricing and access to a range of lower-risk securities, making it an attractive option for both day traders and position traders. However, traders should consider execution speeds, which may not be suitable for high-frequency strategies like scalping.

7. Markets.com

Established in 2009, Markets.com is a dynamic online CFD broker known for its extensive selection of trading assets, including forex pairs, commodities, indices, cryptocurrencies, stocks, ETFs, and bonds.

Features

• Regulatory Compliance: Markets.com adheres to stringent regulatory standards with oversight from authorities like FSC Mauritius, FSCA South Africa, CySEC Cyprus, ASIC Australia, and FCA UK.
• Multilingual Support: Clients benefit from multilingual assistance, ensuring accessibility for a diverse global audience.
• Product Range: Markets.com offers a diverse array of trading instruments, spanning currencies, stocks, ETFs, crypto, bonds, indices, commodities, and futures.
• Minimum Deposit: With a minimum deposit requirement of $100, Markets.com caters to traders of varying experience levels.
• Maximum Leverage: Flexibility in trading is provided through maximum leverage options, varying by regulatory jurisdiction.
• Trading Desk Type: Markets.com operates with Market Maker and STP trading desk types, accommodating different trading preferences.
• Trading Platforms: Access to versatile trading platforms including MT5, Proprietary, and MT4 ensures a seamless trading experience.
• Deposit and Withdrawal Options: Traders have access to various deposit and withdrawal methods, such as Wire Transfer, Skrill, Neteller, and credit card payments.

Pros

• Regulatory Compliance: Regulatory approvals from reputable bodies instill confidence and trust among traders.
• Abundant Research and Educational Resources: Extensive research and educational materials empower traders with valuable insights.
• Intuitive Proprietary Platform: Markets.com’s proprietary trading platform offers a user-friendly interface, enhancing the overall trading experience.
• Customized Benefits: Tailored benefits for experienced traders with larger deposits add value to the trading experience.
• Extensive Range of Instruments: A wide array of instruments provides ample trading opportunities across different markets.

Cons

• Trading Costs: Some traders may find trading costs to be higher than industry averages, impacting overall profitability.
• Limited Educational Resources: Availability of educational materials may be limited, potentially hindering trader development.
• Platform Features: Certain platform features, such as market analysis tools and order types, may not be as comprehensive as those offered by competitors.

Markets.com offers diverse trading opportunities across various markets, supported by a user-friendly platform and robust regulatory oversight. Traders should consider factors such as trading costs and educational resources when evaluating this platform for their trading needs.

8. XM

Established in 2009, XM Group, widely known as “XM,” specializes in forex and CFD trading across diverse asset classes, serving clients globally through four entities.

Features

• Regulatory Oversight: XM is regulated by FSC Belize, ASIC Australia, DFSA UAE, and CySEC Cyprus, ensuring compliance with regulatory standards.
• Multilingual Support: The platform offers support in multiple languages, providing accessibility to traders worldwide.
• Minimum Deposit: With a minimum deposit requirement of $5, XM offers access to both MT4 and MT5 trading platforms.
• Maximum Leverage: The platform provides flexibility in trading with varying maximum leverage options based on regulatory jurisdiction.

Pros

• Low Minimum Deposit: Traders benefit from a low minimum deposit requirement, making trading accessible to all levels of traders.
• Fee-Free Deposits and Withdrawals: Enjoy the convenience of fee-free deposits and withdrawals, enhancing the cost-effectiveness of trading.

• Multilingual Customer Support: Access customer support in over 28 languages, ensuring assistance for clients globally.
• Comprehensive Educational and Research Resources: Gain access to extensive educational and research materials, complemented by both MT4 and MT5 platforms.

Cons

• Limited Investor Compensation Scheme: Investors outside the EU lack access to investor compensation schemes, potentially impacting investor protection.

XM offers competitive spreads across various instruments and provides comprehensive educational support, particularly beneficial for new traders.

With its low deposit requirement and diverse asset offerings, XM appeals to traders of all levels, providing a solid foundation for trading success.

9. Tickmill

Established in 2014, Tickmill has emerged as a leading forex and CFD broker, providing a wide selection of trading options across various asset classes to clients worldwide.

Features

• Regulatory Compliance: Tickmill operates under the supervision of respected regulatory bodies such as the FCA in the UK, FSA in Seychelles, and CySEC in Cyprus, ensuring adherence to stringent regulatory standards.
• Multilingual Support: The platform offers customer support in multiple languages, catering to a diverse clientele from various linguistic backgrounds.
• Product Range: Tickmill boasts a diverse range of trading instruments, including currencies, stocks, indices, commodities, and cryptocurrencies, providing traders with ample opportunities.
• Leverage Options: Maximum leverage varies based on regulatory jurisdiction, offering traders flexibility according to their risk tolerance.
• Trading Platforms: Clients gain access to advanced trading platforms like MT4 and a proprietary platform, delivering a seamless trading experience with robust features.
• Deposit and Withdrawal Methods: Tickmill supports various deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets, ensuring convenience for clients.

Pros

• Regulatory Oversight: Tickmill is regulated by reputable authorities, ensuring a secure and trustworthy trading environment.
• Competitive Pricing: Traders benefit from competitive pricing structures, enhancing the affordability of trading.
• Comprehensive Educational Resources: Tickmill provides access to a wide range of educational materials and research tools, empowering traders with knowledge and insights.
• Responsive Customer Support: Enjoy responsive customer support available round the clock to address any queries or concerns promptly.
• Advanced Trading Platforms: Access to advanced trading platforms offers a seamless trading experience with powerful features and analysis tools.

Cons

• Limited Cryptocurrency Offerings: Tickmill’s cryptocurrency offerings are relatively limited compared to some competitors, potentially limiting trading options for clients interested in cryptocurrencies.

Tickmill distinguishes itself as a reputable broker in the forex and CFD industry, offering competitive pricing, a diverse range of trading instruments, and advanced trading platforms. With a strong commitment to regulatory compliance and client satisfaction, Tickmill provides a reliable and transparent trading environment suitable for traders of all levels.

10. Forex.com

Established in 2001, Forex.com has firmly positioned itself as a leading forex and CFD broker, delivering a wide array of trading options across diverse asset classes to traders worldwide.

Features

• Regulatory Compliance: Forex.com operates under the supervision of respected regulatory bodies like the FCA in the UK, ASIC in Australia, and CFTC/NFA in the United States, ensuring strict adherence to regulatory standards.
• Multilingual Support: Offering multilingual customer support, the platform caters to a diverse client base with varying language preferences.
• Product Range: Forex.com boasts an extensive selection of trading instruments, including currencies, indices, commodities, and cryptocurrencies, providing traders with abundant trading opportunities.
• Leverage Options: Maximum leverage varies depending on regulatory jurisdiction, granting traders flexibility in accordance with their risk tolerance and trading strategies.
• Trading Platforms: Clients enjoy access to sophisticated trading platforms such as the proprietary Advanced Trading Platform and MetaTrader 4 (MT4), delivering seamless trading experiences with robust features and analytical tools.

Deposit and Withdrawal Methods: Forex.com supports a range of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets, ensuring convenient and secure transactions for clients.

Pros

• Regulatory Oversight: Forex.com is subject to oversight by reputable authorities worldwide, instilling confidence and trust among traders.
• Competitive Pricing: Traders benefit from competitive pricing structures, enhancing the cost-effectiveness of trading.
• Comprehensive Research and Analysis: Access to comprehensive research and analysis tools empowers traders with valuable insights and market intelligence.
• Responsive Customer Support: Forex.com provides responsive customer support around the clock, addressing queries and concerns promptly.
• Advanced Trading Platforms: The platform offers advanced trading platforms with user-friendly interfaces and a wide range of tools suitable for traders of all levels.

Cons

• Limited Cryptocurrency Offerings: Forex.com’s cryptocurrency offerings are relatively limited compared to some competitors, potentially restricting trading options for clients interested in cryptocurrencies.

Forex.com stands out as a reputable broker in the forex and CFD industry, offering competitive pricing, a diverse range of trading instruments, and advanced trading platforms. With a strong commitment to regulatory compliance and client satisfaction, Forex.com provides a reliable and transparent trading environment suitable for traders of all levels.

In conclusion, Ukrainian forex traders are presented with a wealth of options in their quest for a reputable broker to navigate the dynamic forex market.

As they weigh their choices, factors such as regulatory compliance, trading conditions, platform features, and customer support play pivotal roles in their decision-making process.

With our comprehensive analysis of top forex brokers in Ukraine like Exness, AvaTrade, XTB, and others, Ukrainian traders can gain valuable insights to make well-informed decisions tailored to their trading preferences and goals.

As they embark on their trading journey, we remain committed to supporting Ukrainian traders in their pursuit of success in the forex market.