BHD Forex Account

Published on 27/09/2023

Compare regulated brokers that accept the Bahraini dinar (BHD) as a base currency for their trading accounts.

Compare regulated brokers that accept the Bahraini dinar (BHD) as a base currency for their trading accounts.

4.3 / 5

Broker 1

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

E********* is an offshore broker trusted by over 500,000 active clients. Trade Forex, crypto, commodities, stocks and indices on MetaTrader 4 or 5 with unlimited leverage (conditions apply).

  • Likes
  • Low and stable spreads.
  • No swap charges across most FX pairs.
  • Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
  • Withdrawals processed instantly in a wide range of currencies.
  • Negative balance protection is available.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
Our take on E*****

Once you start trading with E*****, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.

You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.

Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit E********* to create an account and see for yourself what this broker has to offer.

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Brokers that accept BHD

Exness

If you live in Bahrain, you can fund your BHD trading account with E********* through Skrill, Neteller or Sticpay in dinar. Skrill charges a 5% fee on BHD deposits made by card(1). You may find it easier to fund your Exness account directly with Visa or Mastercard. However, as card deposits are transacted in USD or EUR, you are likely to face foreign exchange fees there too.

Exness charges no fees for deposits or withdrawals, but you will need a verified trading account to get started. Withdrawals are processed in seconds with no manual processing, including on weekends. Visit E********* to get started.

About the Bahraini Dinar

The Bahraini Dinar, abbreviated as BHD, is the official currency of the Kingdom of Bahrain, an island country in the Persian gulf. The Dinar was first issued in 1965(2) in replacement of the Gulf rupee, which had been pegged against the Indian rupee. The Central Bank of Bahrain has maintained a fixed peg against the US Dollar at a rate of 0.376 Bahraini dinars for 1 US Dollar(3) since 1980.

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About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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