Brokers not authorised by the FRA in Egypt

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 (53 of 73 counts · 68 brokers onboarding Egyptian residents)

53of 73

qualify for this ranking

73% of 73

45of 53

scored on all six axes

85% of 53

54of 73

publish a price

74% of 73

47of 73

publish a leverage figure for this country

64% of 73

Top 3 (of 3 ranked)

1Weltrade4.14highest score of the three · cheapest priced of the three · unregulated in egypt; fra/cbe do not lic 2Vantage4.11offshore; not authorised by egypt's fra · withdrawal in 24 h 3BlackBull Markets4.06offshore (seychelles fsa) only; no fra a · withdrawal in 24 h

Brokers not authorised by the FRA in Egypt (53 of 73)

By slice score, formula v1.0. · 53 of 68 brokers in this ranking · all 53

#	Broker	Round turn, USDEG	Min deposit, USDEG	Leverage	Withdrawal, hEG	Score	Execution	Founded	Funding
1	Weltrade	3.1	1 group	2000EG	0.5	4.14	ECN/raw + standard	2006	4 methods
2	Vantage	6	50	500EG	24	4.11	ECN/raw + standard	2009	4 methods
3	BlackBull Markets	6	0	500EG	24	4.06	ECN/raw + standard	2014	5 methods
4	Fusion Markets	4.5	0	500EG	1	4.06	ECN/raw + standard	2019	6 methods
5	ActivTrades	4.2	0 group	200EG	24	4.03	ECN/raw + standard	2001	4 methods
6	FxPro	7	100 group	30EG	3	4.01	ECN/raw + standard	2006	3 methods · local
7	MultiBank Group	4	50	500EG	24	3.97	ECN/raw + standard	2005	4 methods
8	Traders Trust	6	50 group	3000EG	24	3.96	ECN/raw + standard	2009	4 methods
9	Headway	3	1 group	—stated, not verified	0.5	3.95	ECN/raw + standard	2021	3 methods
10	Pepperstone	7	—	200EG	24	3.94	ECN/raw + standard	2010	5 methods
11	Capital.com	6	20	200EG	24	3.94	Standard	2016	3 methods · local
12	LiteFinance	5	50 group	500EG	24	3.91	ECN/raw + standard	2005	1 methods
13	FP Markets	8	100 group	500EG	72	3.88	ECN/raw + standard	2005	3 methods
14	HFM	6	5 group	2000EG	24	3.88	ECN/raw + standard	2010	3 methods
15	ThinkMarkets	7	50	500EG	24	3.84	ECN/raw + standard	2010	4 methods
16	Errante	6	50 group	1000EG	24	3.83	ECN/raw + standard	2019	5 methods
17	Axi	4.5	5 group	500EG	48	3.83	ECN/raw + standard	2007	4 methods
18	Exinity	4	—	2000EG	24	3.82	ECN/raw + standard	2012	—
19	Admirals	6	25	500EG	24	3.75	ECN/raw + standard	1989	4 methods · local
20	HYCM	5	100 group	500EG	24	3.71	ECN/raw + standard	1977	4 methods
21	JustMarkets	4	10 group	3000EG	48	3.7	ECN/raw + standard	2012	4 methods
22	Eightcap	7	100 group	500EG	48	3.67	ECN/raw + standard	2009	4 methods
23	Moneta Markets	3	50	1000EG	24	3.67	ECN/raw + standard	2020	5 methods
24	OctaFX	10	25 group	1000EG	3	3.67	ECN/raw + standard	2011	2 methods
25	Tickmill	6	100 group	500EG	24	3.67	ECN/raw + standard	2014	4 methods · local
26	Amana Capital	7	50 group	100EG	24	3.67	ECN/raw + standard	2010	2 methods
27	VT Markets	6	100 group	500EG	72	3.65	ECN/raw + standard	2015	4 methods
28	FXGT	6	5	5000EG	72	3.64	ECN/raw + standard	2019	4 methods
29	Milton Prime	—	300 group	500EG	1	3.56	—	2015	4 methods
30	Orbex	5	100	500EG	24	3.56	ECN/raw + standard	2011	5 methods
31	FXCM	11	50	400EG	72	3.52	ECN/raw + standard	1999	2 methods
32	Alpari	—	30	3000EG	24	3.51	ECN/raw + standard	1998	5 methods
33	AvaTrade	—	100 group	400EG	24	3.48	—	2006	3 methods
34	Windsor Brokers	8	50 group	1000 groupEG	24	3.47	ECN/raw + standard	1988	3 methods
35	TMGM	7	100 group	1000EG	96	3.46	ECN/raw + standard	2013	9 methods
36	CMTrading	8	300	200EG	72	3.45	ECN/raw + standard	2012	4 methods · local
37	XTB	9	0	30EG	72	3.41	ECN/raw + standard	2004	3 methods
38	XM	7	5 group	1000EG	24	3.4	ECN/raw + standard	2009	4 methods · local
39	Markets.com	6	100 group	300EG	168	3.4	Standard	2008	4 methods
40	Trade Nation	5	0 group	200EG	120	3.38	Standard	2014	3 methods
41	Mitrade	—	20	200EG	72	3.3	—	2011	3 methods
42	ADSS	14	100 group	500EG	48	3.3	Standard	2010	2 methods
43	OANDA	6	0	200 groupEG	120	3.28	ECN/raw + standard	1996	2 methods
44	ATFX	7	100 group	400EG	72	3.25	ECN/raw + standard	2017	3 methods
45	IG Markets	13.6	0	200EG	120	3.22	ECN/raw + standard	1974	3 methods
46	RoboForex	10	10	2000EG	48	3.19	ECN/raw + standard	2009	5 methods
47	NAGA	15	250 group	1000EG	24	3.18	Standard	2015	4 methods · local
48	IronFX	18	100 group	1000 groupEG	240	3.16	ECN/raw + standard	2010	5 methods
49	T4Trade	18	50 group	1000EG	24	3.14	Standard	2021	5 methods
50	Equiti	7	0 group	500 groupEG	72	3.11	ECN/raw + standard	2014	2 methods · local
51	FXTM	22	10 group	2000EG	—	2.62	Standard	2011	3 methods
52	Fortrade	20	100 group	—stated, not verified	120	2.48	Standard	2013	4 methods
53	CAPEX	—	100 group	300 groupEG	24	—	—	2016	3 methods

Ten are shown; the button opens the rest.

"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.

BlackBull Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · FRA · Swap-free fee none, no limit · EGP account Yes.

1. Weltrade — highest score of the three · cheapest priced of the three · unregulated in egypt; fra/cbe do not lic (score 4.14)

Round turn: 3.1 USD
Withdrawal: 30 minutes to 1–5 business days depending on method
EGP account: USD, EUR, US Cent; no EGP account.
Leverage: 2000EG
Accepts residents: through an offshore entity
Onboarding entity: Onboards Egyptians via offshore Weltrade Ltd (SVG/Saint Lucia); operator Systemgates Ltd.
Founded: 2006
Register: https://weltrade.com · 09.07.2026
Spread, standard: from 0.5
Group leverage: uncleargroup
Instruments: FX 40+ pairs, metals, energies, indices, stocks, crypto, synthetic indices.
Platforms: MT5cTraderWebTradingView
Funding: EGP via local exchangers (e.g. Vodafone Cash/InstaPay) reported but not verified for Weltrade; cards, Skrill, Neteller, crypto.
Not served: United States, Canada, United Kingdom, European Union member states, Russian Federation, Belarus, India, Iran, North Korea

Reviews25%85
Round-turn cost20%100
Safety0
Payouts15%
Track record10%
Platforms50

Why it ranks here

Round turn 3.1 USD against the slice median 6 USD. strongest axis round-turn cost 100 of 100. total score 4.14.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of Weltrade

2. Vantage — offshore; not authorised by egypt's fra · withdrawal in 24 h (score 4.11)

Round turn: 6 USD
Withdrawal: 24 hours to 7 business days
EGP account: ~10 fiat base currencies incl. USD, EUR, GBP; no EGP account, so pound deposits incur conversion.
Leverage: 500EG
Accepts residents: through an offshore entity
Onboarding entity: Egyptian retail clients are onboarded by the offshore arm Vantage Global Limited (VFSC Vanuatu) / Vantage International Group Ltd (Cayman CIMA).
Founded: 2009
Register: https://vantagemarkets.com/regulations · 09.07.2026
Group leverage: offshore
Instruments: 1,000+ CFDs: 60+ forex pairs, global indices, commodities, share CFDs, ETFs, bonds and crypto CFDs.
Platforms: MT5MT4Web
Funding: Bank/wire transfer, Visa/Mastercard, Skrill, Neteller; specific Egyptian rails not verified at review.
Not served: Afghanistan, Albania, American Samoa, Belarus, Bermuda, Bosnia and Herzegovina, Burundi, Canada, Central African Republic, China, Crimea, Cuba, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Haiti, Iran, Libya, Liberia, Mali, North Korea, Northern Mariana Islands, Nicaragua, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Sevastopol, Sierra Leone, Singapore, Somalia, South Sudan, Sudan, United States of America, United States Virgin Islands, Ukraine, Yemen, Zimbabwe

Why it ranks here

Round turn 6 USD against the slice median 6 USD. strongest axis reviews 95 of 100. total score 4.11.

Watch for

Min deposit 200 USD, double the Egypt median of 50; withdrawal time not published.

Full review of Vantage

3. BlackBull Markets — offshore (seychelles fsa) only; no fra a · withdrawal in 24 h (score 4.06)

Round turn: 6 USD
Withdrawal: 24 hours
EGP account: Accounts in USD/EUR/GBP/JPY/AUD/NZD/SGD/CAD/ZAR; no EGP base account, so deposits convert.
Leverage: 500EG
Licence: SD045
Accepts residents: through an offshore entity
Onboarding entity: BBG Limited
Founded: 2014
Register: https://blackbull.com/en/support/restricted-countries · 09.07.2026
Group leverage: offshoregroup
Instruments: 72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities and crypto CFDs.
Platforms: MT5WebMobile
Funding: Cards, bank wire, Skrill, Neteller and crypto; availability varies by region and specific Egyptian rails not verified at review.
Not served: Algeria, American Samoa, Belarus, British Virgin Islands, Burundi, Cameroon, Canada, Central African Republic, Cuba, North Korea, Democratic Republic of the Congo, Eritrea, Gaza Strip, Guam, Guinea-Bissau, Haiti, Iran, Iraq, Japan, Kenya, Kosovo, Laos, Lebanon, Libya, Myanmar, Northern Mariana Islands, Puerto Rico, Russia, Somalia, South Sudan, Sudan, Syria, Ukraine, United States, United States Virgin Islands, Venezuela, Vietnam, West Bank, Yemen

Why it ranks here

Round turn 6 USD against the slice median 6 USD. strongest axis round-turn cost 95 of 100. total score 4.06.

Watch for

Onboards Egyptian residents through an offshore entity: no FRA licence, no FRA complaints route, no EGP account.

Full review of BlackBull Markets

What the data shows(53 of 73 distributions · 68 brokers)

Swap-free availability (53 of 73 brokers)

Offered30Not offered14

Admin fee after the free period (53 of 73 swap-free)

Never16After 3–30 days9not published5

Who onboards Egyptian residents (53 of 73 brokers)

Local FRA entity20Offshore entity24

EGP account (53 of 73 brokers)

Yes16No23not published5

Licensed in Egypt, or not (71 of 73)

14Local licence

57Offshore

Retail leverage in Egypt (54 of 73 · median 1:500)

35<1000

91000-2000

62000-3000

33000-4000

14000+

Full list(53 of 73)

1Weltrade4.14
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
3.1
Min deposit, USD
1 group
Leverage
2000EG
EGP
Yes
2Vantage4.11
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
500EG
EGP
Yes
3BlackBull Markets4.06
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
500EG
EGP
Yes
4Fusion Markets4.06
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4.5
Min deposit, USD
0
Leverage
500EG
EGP
Yes
5ActivTrades4.03
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4.2
Min deposit, USD
0 group
Leverage
200EG
EGP
Yes
6FxPro4.01
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
30EG
EGP
Yes
7MultiBank Group3.97
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
50
Leverage
500EG
EGP
Yes
8Traders Trust3.96
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
3000EG
EGP
Yes
9Headway3.95
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
1 group
EGP
Yes
10Pepperstone3.94
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Leverage
200EG
EGP
Yes
11Capital.com3.94
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
20
Leverage
200EG
EGP
Yes
12LiteFinance3.91
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
500EG
EGP
Yes
13FP Markets3.88
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
14HFM3.88
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5 group
Leverage
2000EG
EGP
Yes
15ThinkMarkets3.84
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
500EG
EGP
Yes
16Errante3.83
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
1000EG
EGP
Yes
17Axi3.83
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4.5
Min deposit, USD
5 group
Leverage
500EG
EGP
Yes
18Exinity3.82
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4
Leverage
2000EG
EGP
Yes
19Admirals3.75
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
25
Leverage
500EG
EGP
Yes
20HYCM3.71
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
21JustMarkets3.7
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
10 group
Leverage
3000EG
EGP
Yes
22Eightcap3.67
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
23Moneta Markets3.67
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
50
Leverage
1000EG
EGP
Yes
24OctaFX3.67
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
25 group
Leverage
1000EG
EGP
Yes
25Tickmill3.67
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
26Amana Capital3.67
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50 group
Leverage
100EG
EGP
Yes
27VT Markets3.65
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
28FXGT3.64
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
5
Leverage
5000EG
EGP
Yes
29Milton Prime3.56
Onboards
Local · FRA
Swap-free
none, no limit
Min deposit, USD
300 group
Leverage
500EG
EGP
Yes
30Orbex3.56
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
100
Leverage
500EG
EGP
Yes
31FXCM3.52
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
11
Min deposit, USD
50
Leverage
400EG
EGP
Yes
32Alpari3.51
Onboards
Local · FRA
Swap-free
none, no limit
Min deposit, USD
30
Leverage
3000EG
EGP
Yes
33AvaTrade3.48
Onboards
Local · FRA
Swap-free
none, no limit
Min deposit, USD
100 group
Leverage
400EG
EGP
Yes
34Windsor Brokers3.47
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
50 group
Leverage
1000 groupEG
EGP
Yes
35TMGM3.46
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000EG
EGP
Yes
36CMTrading3.45
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
300
Leverage
200EG
EGP
Yes
37XTB3.41
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
0
Leverage
30EG
EGP
Yes
38XM3.4
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5 group
Leverage
1000EG
EGP
Yes
39Markets.com3.4
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100 group
Leverage
300EG
EGP
Yes
40Trade Nation3.38
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0 group
Leverage
200EG
EGP
Yes
41Mitrade3.3
Onboards
Local · FRA
Swap-free
none, no limit
Min deposit, USD
20
Leverage
200EG
EGP
Yes
42ADSS3.3
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
14
Min deposit, USD
100 group
Leverage
500EG
EGP
Yes
43OANDA3.28
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
200 groupEG
EGP
Yes
44ATFX3.25
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
400EG
EGP
Yes
45IG Markets3.22
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
13.6
Min deposit, USD
0
Leverage
200EG
EGP
Yes
46RoboForex3.19
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
10
Leverage
2000EG
EGP
Yes
47NAGA3.18
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
15
Min deposit, USD
250 group
Leverage
1000EG
EGP
Yes
48IronFX3.16
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
18
Min deposit, USD
100 group
Leverage
1000 groupEG
EGP
Yes
49T4Trade3.14
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
18
Min deposit, USD
50 group
Leverage
1000EG
EGP
Yes
50Equiti3.11
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500 groupEG
EGP
Yes
51FXTM2.62
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
22
Min deposit, USD
10 group
Leverage
2000EG
EGP
Yes
52Fortrade2.48
Onboards
Local · FRA
Swap-free
none, no limit
Round turn, USD
20
Min deposit, USD
100 group
EGP
Yes

How to read this ranking

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 · 6 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in Egypt?: 53 of 73 brokers measured for this country qualify.
Which broker leads it, and on what basis?: Weltrade leads it with a score of 4.14. The order is computed score, highest first; unscored brokers follow.
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.

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(53 of 73 broker records)

Verified01.10.2026

data re-captured 28.09.2026

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.