Open an account with FxProA local licence or an offshore one: the difference
A broker can take clients in Egypt in two ways: through a company licensed by the FRA here, or through a company licensed somewhere else. Both happen, and the second is not the same as being unregulated.
What changes is where you stand if something goes wrong. A locally licensed entity is answerable to the FRA and to the complaint route that comes with it; an offshore entity is answerable to its own regulator, in its own jurisdiction, under its own compensation rules - which may be generous, limited, or absent.
The ten below hold a local licence. The brokers that do not are not hidden: they have their own page, because the question a reader asks is usually about one named firm.
Licensed in Egypt, or not (71 of 73)
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (14 of 73 counts · 68 brokers onboarding Egyptian residents)
Top 3
A local licence or an offshore one: the difference (14 of 73)
| # | Broker | Min deposit, USDEG | Leverage | Withdrawal, hEG | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|
| 1 | 0 | 500 groupEG | 24 | 4.69 | ECN/raw + standard | 1998 | 2 methods · local | |
| 2 | — | —stated, not verified | 24 | 4.08 | — | 2019 | 3 methods · local | |
| 3 | — | —stated, not verified | — | 3.96 | — | 1990 | 1 methods · local | |
| 4 | — | —stated, not verified | — | 3.85 | — | 1997 | 1 methods · local | |
| 5 | 0 | —stated, not verified | 72 | 3.68 | — | 1984 | 2 methods · local | |
| 6 | — | —stated, not verified | 72 | 3.49 | ECN/raw + standard | 2006 | 1 methods · local | |
| 7 | — | —stated, not verified | — | 3.38 | — | 1997 | 1 methods · local | |
| 8 | — | —stated, not verified | — | — | — | 2006 | 1 methods · local | |
| 9 | — | —stated, not verified | — | — | — | 2004 | 2 methods · local | |
| 10 | — | —stated, not verified | — | — | — | 2005 | 1 methods · local | |
| 11 | — | —stated, not verified | — | — | — | 1997 | 1 methods · local | |
| 12 | — | —stated, not verified | — | — | — | 2007 | 1 methods · local | |
| 13 | — | —stated, not verified | — | — | — | 2015 | 1 methods · local | |
| 14 | — | —stated, not verified | — | — | — | 1997 | 1 methods · local |
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
The ten above illustrate the term. FRA-regulated brokers in Egypt lists every broker that qualifies, with the figure each one publishes.
Identical for every row, so it is stated once: Who onboards Local · FRA · Swap-free fee none, no limit · EGP account Yes.
What the data shows(14 of 73 distributions · 68 brokers)
Swap-free availability (14 of 73 brokers)
Admin fee after the free period (14 of 73 swap-free)
Who onboards Egyptian residents (14 of 73 brokers)
EGP account (14 of 73 brokers)
Who grants the leverage figure (54 of 73)
Full list(14 of 73)
- 1CFI4.69
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- Leverage
- 500 groupEG
- EGP
- Yes
- 2Thndr4.08
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- EGP
- Yes
- 3Azimut Egypt (Azimut Middle East / Sabina)3.96
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- EGP
- Yes
- 4Tycoon Securities3.85
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- EGP
- Yes
- 5EFG Hermes3.68
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- EGP
- Yes
- 6Mubasher3.49
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- EGP
- Yes
- 7Pioneers Securities3.38
- Onboards
- Local · FRA
- Swap-free
- none, no limit
- EGP
- Yes
How to read the ten below
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Egypt through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 6.0 USD and the median minimum deposit 20.0 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 5 explainers)
FAQ
- How many brokers qualify for this ranking in Egypt?
- 14 of 73 brokers measured for this country qualify.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 6.0 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
- Why are only ten brokers shown here?
- This page explains the term; the ten illustrate it. The full ranking lists 14 of 73 and is one click away.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(14 of 73 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.