How to Trade Forex in Iran
If you live in Iran and are looking to trade CFDs on Forex, stocks or even crypto-currencies, you can open an account with HYCM (HYCM.com). Their service is available in English and in Farsi.
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With HYCM (HYCM.com), you can trade CFDs on 300 instruments, across 6 asset classes: Forex, stocks, indices, ETFs, commodities and crypto-currencies. This is an opportunity to diversify across a wide range of markets. Please read our HYCM review for more information.
HYCM supports both MetaTrader 4 and 5, two popular trading platforms. We recommend trading through MetaTrader 5 as that platform supports all 300 instruments. In contrast, no more than 90 instruments are available through MetaTrader 4. MetaTrader 4 and 5 support a wide range of orders as well as automated trading robots, known as Expert Advisors. HYCM supports all trading styles and Expert Advisors, except high-frequency trading robots. If in doubt, please contact HYCM.
HYCM (HYCM.com) offers 3 accounts, to match your trading style: an account with wider spreads, fixed at all times, another with lower, yet variable spreads and a third with razor-thin spreads plus commission. All three accounts are available in Islamic format for Muslim investors, upon request. HYCM's Islamic accounts carry no swap-charges on positions you keep open overnight. You can keep your positions open for as long as you want, and will only be charged a $5 overnight fee from the 14th-day onwards.
HYCM has been in business since 1977, and is regulated across the markets it operates in, including the UK and the European Union. Over the years, HY Markets has received a string of awards including "Best FX Broker, Northern Europe" by the World Finance 2012 Awards and "Best Forex Brokers in the Middle East" by the IB Times Trading Awards 2011.
- Brokers with Segregated Accounts
- ASIC Regulated Forex Brokers
- How to Trade Forex in Iran
MT5 Floating - Market Execution
Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. ... MoreTrade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. All EAs are allowed.
ECN RAW Account [MT5]
Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 ... MoreTrade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 with this ECN account. Get ultra-fast execution speeds under 40 milliseconds.
AvaTrade Account [BVI]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... MoreTrade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. This account, registered in the British Virgin Islands, has significantly higher leverage.
- $100 deposit
- 1:400 leverage
- 0.9 pips EUR/USD
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE