Best Forex Trading Platforms In Bangladesh 2025
Forex traders in Bangladesh are increasingly turning to online brokers to speculate on Bangladeshi takas (BDT) amongst other currencies.
Yet with few brokers registered with the Bangladesh Bank (the chief body responsible for overseeing the country’s foreign exchange markets) or the Bangladesh Securities and Exchange Commission (BSEC), many locals turn to trusted overseas forex trading platforms.
Explore our list of the best forex brokers in Bangladesh to find the platforms that have outpaced competitors in our exhaustive tests of their trust ratings, investment offerings, trading tools, pricing, and convenient account funding in Bangladeshi takas.
6 Top Forex Brokers In Bangladesh
After years of evaluating forex trading platforms, these 6 emerge as the best for forex traders in Bangladesh:
Here is a short summary of why we think each broker belongs in this top list:
- XM - XM offers a strong selection of currency pairs with no re-quotes or hidden charges, while spreads have come down over the years, now starting from 0.8 pips on the EUR/USD in the commission-free account.
- Exness - Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet.
- Vantage - Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
- IC Markets - IC Markets maintains its commitment to providing exceptionally tight 0.0-pip forex spreads on major currency pairs such as EUR/USD. This makes it an excellent option if you are seeking superior execution, with an average of 35 milliseconds. Additionally, if you are a high-volume trader, you can benefit from rebates of up to $2.50 per forex lot.
- AvaTrade - AvaTrade delivers 50+ currency pairs with tight spreads from 0.9 pips and zero commissions. Trade majors, minrs, and exotics 24/5 on leading forex platforms, notably MT4, with sophisticated charting tools and forex education to sharpen your edge, including a dedicated guide to 'Currency Trading'.
- FOREX.com - FOREX.com continues to uphold its stature as a premier FX broker, offering over 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $5 commission per $100k, it stands out. Moreover, its SMART Signals help to identify price behaviors across numerous major currency markets.
Best Forex Trading Platforms In Bangladesh 2025 Comparison
| Broker | Forex Assets | EUR/USD Spread | Forex App Rating | Minimum Deposit | Regulator |
|---|---|---|---|---|---|
| XM | 55+ | 0.8 | / 5 | $5 | ASIC, CySEC, DFSA, IFSC |
| Exness | 100+ | 0.0 | / 5 | $10 | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Vantage | 55+ | 0.0 | / 5 | $50 | FCA, ASIC, FSCA, VFSC |
| IC Markets | 75 | 0.02 | / 5 | $200 | ASIC, CySEC, FSA, CMA |
| AvaTrade | 50+ | 0.9 | / 5 | $100 | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| FOREX.com | 80+ | 1.2 | / 5 | $100 | NFA, CFTC, CIRO, FCA, CYSEC, ASIC, SFC, FSA, MAS, CIMA |
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
Christian Harris, Reviewer
XM Quick Facts
| Bonus Offer | $30 No Deposit Bonus When You Register A Real Account |
|---|---|
| GBPUSD Spread | 0.8 |
| EURUSD Spread | 0.8 |
| EURGBP Spread | 1.5 |
| Total Assets | 55+ |
| Leverage | 1:1000 |
| Platforms | MT4, MT5, TradingCentral |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
- XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of <2 minutes and now a growing Telegram channel.
Cons
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| GBPUSD Spread | 0.0 |
|---|---|
| EURUSD Spread | 0.0 |
| EURGBP Spread | 0.0 |
| Total Assets | 100+ |
| Leverage | 1:Unlimited |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy.
- Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests.
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
Cons
- Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers.
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
- Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
Vantage
"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."
Vantage Quick Facts
| Bonus Offer | 50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme |
|---|---|
| GBPUSD Spread | 0.5 |
| EURUSD Spread | 0.0 |
| EURGBP Spread | 0.5 |
| Total Assets | 55+ |
| Leverage | 1:500 |
| Platforms | ProTrader, MT4, MT5, TradingView, DupliTrade |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN |
Pros
- There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5
- There are no short-term strategy restrictions with hedging and scalping permitted
- The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders
Cons
- A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side
- The average execution speeds of 100ms to 250ms are slower than alternatives based on tests
- It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection
IC Markets
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
IC Markets Quick Facts
| GBPUSD Spread | 0.23 |
|---|---|
| EURUSD Spread | 0.02 |
| EURGBP Spread | 0.27 |
| Total Assets | 75 |
| Leverage | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
| Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- IC Markets secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
- IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
- IC Markets offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
Cons
- While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
- Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
AvaTrade
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Bonus Offer | 20% Welcome Bonus up to $10,000 |
|---|---|
| GBPUSD Spread | 1.5 |
| EURUSD Spread | 0.9 |
| EURGBP Spread | 1.5 |
| Total Assets | 50+ |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
- AvaTrade continues to enhance its suite of products, recently through AvaFutures, providing an alternative vehicle to speculate on over 35 markets with low day trading margins.
- The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
Cons
- While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
- The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
FOREX.com Quick Facts
| Bonus Offer | 20% Welcome Bonus Up To $5000 |
|---|---|
| GBPUSD Spread | 1.3 |
| EURUSD Spread | 1.2 |
| EURGBP Spread | 1.4 |
| Total Assets | 80+ |
| Leverage | 1:400 |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
Pros
- The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
Cons
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
- FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
- Despite increasing its range of instruments, FOREX.com's product portfolio is still limited to forex and CFDs, so there are no options to invest in real stocks, real ETFs or real cryptocurrencies.
How We Rate Forex Brokers In Bangladesh
We prioritize the following factors when comparing forex brokers, and recommend you do also:
Trust
Only trade currencies with trusted brokers to protect yourself from the ever-present risk of forex scams.
This is essential given that forex traders in Bangladesh have been targeted by online scammers in recent years, with one notorious outfit, Metaverse Foreign Exchange Group, disappearing with 20,000 crore BDT ($1.8 million) in 2023.
The scammers posed as a Shariah-compliant forex trading app that lured investors with promises of “unusually high returns”, according to the Daily Star.
Our recommendation is to choose a broker authorized by a respected regulator with many years in the industry – this is the best sign a firm can be trusted.
Since Bangladesh’s regulators, notably the Bangladesh Bank (which is tasked with supervising FX markets), don’t actively license forex brokers, you may want to consider a trading platform licensed by ‘green-tier’ regulators based elsewhere, such as the ASIC in Australia and the FCA in the UK.
- Vantage has earned our trust with its dedication to providing transparent forex trading conditions for 15+ years, alongside authorization from two top-tier regulators (ASIC and FCA).
Currency Pairs
Choose a platform that offers trading on the currency pairs you’re interested in.
For Bangladeshi traders, this may be forex assets containing Bangladeshi takas (BDT), such as the USD/BDT, though our experience evaluating hundreds of brokers shows these are not commonly offered.
- Exness offers a superb selection of currency pairs, including those that may be of interest to traders in Bangladesh, with 10 containing the SGD and THB.
Pricing
Pick a forex trading platform with great pricing, especially if you’re a day trader.
Our experts frequently analyze trading fees on popular currency pairs, weighing minimum and average spreads where practical, alongside commissions and additional fees, for example, conversion costs if depositing Bangladeshi takas to an account based in another currency.
Then we balance these with the quality of the overall forex trading environment, from educational resources to tools that provide insights into central bank decisions that could influence the value of currencies in the region.
- IC Markets continuously impresses with its market-leading pricing, offering forex spreads from 0.0 pips in its Raw account and low $3.50 commissions (great for experienced day traders). Its lightning-fast execution speeds that average 35 milliseconds also provide an advantage to active traders – helping to secure optimal prices in volatile foreign exchange markets.
Forex Platforms
Select a platform and/or forex app that you like using with the tools you need to analyze currency pairs, notably excellent charting features if you’re day trading currencies.
MetaTrader 4 and MetaTrader 5 have dominated the platform landscape for years, though alternative solutions, from in-house software to other third-party terminals are increasingly delivering a superior user experience, especially for beginners, alongside excellent trading tools.
I particularly love the user-friendly design and straightforward navigation of TradingView.It’s also stacked with helpful features – you can filter to ‘Bangladesh’ and find current BDT rates, plus economic indicators like GDP, interest rates, inflation rates, and unemployment rates, which can influence currency values.
- FOREX.com offers a fantastic selection of platforms and apps to suit forex traders at every level. There’s MT4, MT5, TradingView and a user-friendly web trader, all providing extensive charting and technical analysis tools for day traders. Additionally, there are less common services like AutoChartist and Trading Central with pattern recognition scanners and in-depth market insights.
Account Funding
Select a forex broker that makes it easy and affordable to fund your trading account with BDT.
Digital payment methods are increasingly supported by forex trading platforms, from global solutions like Skrill to M-Pesa, which expanded its presence in Bangladesh in 2023, according to Tekedia.
The Daily Sun also reports that the Bangladeshi government and central bank are promoting digital payment methods in a drive for financial inclusion, and according to Statista, these payments are projected to rise by 11.7% per year.
- Exness offers convenient, affordable account funding with a 10 USD minimum deposit, around 1,100 BDT. It’s also one of the only forex brokers we’ve tested to offer a BDT account, providing a tailored forex trading experience for Bangladeshis.
Methodology
To rank the best forex trading platforms in Bangladesh we took our 220-strong database of online brokers, identified those accepting Bangladeshi traders and sorted them by their rating, which takes into account key areas, such as:
- Established brand with regulatory oversight if not the Bangladesh Bank or the country’s BSEC.
- Good range of currency pairs, providing diverse trading opportunities.
- Competitive pricing, notably for short-term forex traders.
- Intuitive and powerful forex platforms following testing.
- Convenient and affordable funding options.
FAQ
Is Forex Trading Legal In Bangladesh?
There are no laws prohibiting Bangladeshis from trading forex with legitimate brokers. Although there are restrictions governing the purchase and sale of foreign currencies, these generally refer to sending money out of the country or dealing foreign currencies as an exchange office or bank.
Nevertheless, we recommend staying up to date on the latest regulations by following announcements from the Bangladesh Bank.
Also, ensure you are aware of your tax obligations by checking in with the National Board of Revenue and talking to a financial advisor.
Who Regulates Forex Trading In Bangladesh?
Foreign exchange trading in Bangladesh is mainly regulated by the Bangladesh Bank, while the Bangladesh Securities and Exchange Commission (BSEC) and Financial Reporting Council Bangladesh (FRCB) also oversee the financial markets.
That said, they have not set up a robust framework to oversee online forex brokers, especially compared to many Western nations.
How Much Money Do I Need To Trade Forex In Bangladesh?
Each forex broker sets its minimum initial deposit, but out of the hundreds we’ve reviewed very few platforms require more than 250 USD, around 27,000 BDT.
That said, some forex trading platforms accepting Bangladeshi traders, notably Pepperstone, have no minimum deposit alongside great educational tools, making it a great option for aspiring traders.
Recommended Reading
Article Sources
- Bangladesh Securites and Exchange Commission (BSEC)
- Financial Reporting Council Bangladesh (FRCB)
- Bangladesh National Board of Revenue
- Bangladesh Bank
- Islam in Bangladesh - Wikipedia
- MTFE Scam - Daily Star
- Digital Payment Methods in Bangladesh - Statista
- Digital Payment Methods in Bangladesh - Daily Sun
- M-Pesa Expansion in Bangladesh - Tekedia
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com