Brokers With UAH Accounts

Written By

Jemma Grist

Edited By

James Barra

Updated

Oct 4, 2024

UAH trading accounts offer the Ukrainian hryvnia as the base currency. For Ukrainian traders, they reduce or eliminate currency conversion fees and facilitate convenient account management.

Explore our selection of the best brokers with UAH accounts, tested thoroughly by our analysts.

Best Brokers With UAH Accounts

These are the top 2 trading platforms that offer UAH accounts according to our tests:

Click a broker for details

1

Exness

Go To Exness
Exness Review

Ratings

Regulation & Trust 3.8 / 5

Accounts & Banking 4.3 / 5

Assets & Markets 3.5 / 5

Fees & Costs 3.8 / 5

Platforms & Tools 3.8 / 5

Customer Support 3.8 / 5

Research 4.3 / 5

Education 1.5 / 5

iOS App 4.4 / 5

Android App 4.3 / 5

Minimum Deposit $10

Minimum Trade 0.01 Lots

Leverage 1:Unlimited

Regulator CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC

Instruments CFDs, Forex, Stocks, Indices, Commodities, Crypto

Platforms Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral

Payment Methods Wire Transfer, Credit Card, Visa, Mastercard, Bitcoin Payments, Boleto, Airtel, Debit Card, Neteller, Skrill, Perfect Money, Sticpay, AstroPay, Cashu, FasaPay, WebMoney, M-Pesa

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

Go To Exness
2

Quotex

Go To Quotex
Quotex Review

New Customer Bonus Offer 30% Deposit Bonus

Ratings

Regulation & Trust 1.8 / 5

Accounts & Banking 4 / 5

Assets & Markets 3.5 / 5

Fees & Costs 4.5 / 5

Platforms & Tools 3.3 / 5

Customer Support 1 / 5

Research 1.8 / 5

Education 1.8 / 5

iOS App 4.2 / 5

Android App 4.1 / 5

Minimum Deposit $10

Minimum Trade $1

Leverage

Regulator

Instruments Digital Options on Stocks, Indices, Forex, Commodities, Cryptos

Platforms Web Platform, Mobile App

Payment Methods Credit Card, Visa, Mastercard, Perfect Money, Bitcoin Payments, Wire Transfer, Ethereum Payments, Maestro, Debit Card, Airtel

Account Currencies USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH

Go To Quotex

Here is a summary of why we recommend these brokers:

Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
Quotex - Quotex has been a top binary options broker since 2019, offering over 400 binaries across currencies, commodities, stocks, and crypto. With contracts spanning 5 seconds to 4 hours, short-term traders enjoy flexibility while payouts that exceed 95%, offer high potential returns. Continuously adapting to trader demands, Quotex provides a user-friendly platform for trading binaries.

Brokers With UAH Accounts Comparison

Brokers With UAH Accounts Comparison
Broker	UAH Account	Minimum Deposit	Markets	Regulator
	✔	$10	CFDs, Forex, Stocks, Indices, Commodities, Crypto	CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC
	✔	$10	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	-

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."
Christian Harris, Reviewer

Exness Quick Facts

Demo Account	Yes
Instruments	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Regulator	CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC
Platforms	Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral
Minimum Deposit	$10
Minimum Trade	0.01 Lots
Leverage	1:Unlimited
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

Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side.
Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests.

Cons

MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
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.
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.

Visit Exness

Exness Review

Quotex

"Quotex is best for making short-term trades on popular markets. The payouts up to 98% are above average and enhancements to the platform have ensured it's easy to use for beginners. That said, the lack of regulatory oversight, limited education and weak support are key drawbacks."
Jemma Grist, Reviewer

Quotex Quick Facts

Bonus Offer	30% Deposit Bonus
Demo Account	Yes
Instruments	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
Platforms	Web Platform, Mobile App
Minimum Deposit	$10
Minimum Trade	$1
Account Currencies	USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH

Pros

The $10 starting deposit and $1 minimum stake make Quotex.io accessible to beginners
The platform continues to delivers a superb trading environment with strong charting tools for technical traders
Quotex maintains its position as an excellent choice for short-term binary trading with turbo contracts from 5 seconds

Cons

Quotex trails industry leaders when it comes to education and market research
There is no copy trading, which could support new traders looking to learn from experienced investors
Quotex is unregulated, which means traders may receive limited safeguards

Visit Quotex

Quotex Review

How Did We Choose The Best Brokers?

To find the best trading platforms with UAH accounts we:

Searched our database of 216 online brokers and trading platforms
Narrowed it down to all those that offer accounts based in the Ukrainian hryvnia
Ranked them by their rating, drawing on 100+ data points and first-hand tests

What Is A UAH Account?

A UAH account is a trading account where the base currency is set to Ukrainian hryvnia.

This means that all transactions, including trades and deposits/withdrawals, are carried out in UAH.

As an example, I opened a UAH account with Exness below:

Opening a UAH trading account at Exness — Exness – UAH Account Registration

Do I Need A UAH Account?

A UAH account might work for you if:

You live in Ukraine and earn money in UAH because holding funds in your local currency is more convenient.
You want to trade regional markets like eastern and central European stocks or currency pairs like the UAH/USD or UAH/EUR, though we’ve found these forex assets are not commonly supported for trading at retail brokers.
You are an overseas trader looking to gain exposure to diverse markets by holding funds in another currency.

How Can I Check If A Broker Offers An Account In Ukranian Hryvnia?

You can follow the same simple steps that we took to ensure all our recommended platforms offer a UAH account:

Head to the account options section on the broker’s website and find the list of available base currencies.
Check that ‘UAH’ is listed as a supported currency in Ukraine.
Sign up for an account and select UAH as your base currency.

Pros & Cons Of UAH Trading Accounts

Pros

Active Ukrainian traders using a UAH account may face fewer or zero currency conversion fees when depositing in their local currency.
While not many brokers are overseen by the National Bank of Ukraine, we’ve found some of the top brokers with UAH accounts are regulated by trusted ‘green tier’ authorities like the Cyprus Securities and Exchange Commission (CySEC), notably Exness.
UAH accounts make account and trade management more convenient for Ukrainian day traders who prefer to deal in a familiar currency, especially when executing a high volume of orders.

Cons

UAH accounts are extremely uncommon compared to other key currencies like the EUR or USD (accounting for less than 1% of all the brokers we’ve evaluated), giving traders limited choice in terms of online brokers
Our tests have found that local and regional markets such as Eastern European stocks and UAH currency pairs are also very uncommon at most brokers – disappointing for Ukranian traders looking to trade local assets in their home currency.
You may still be subject to conversion fees on other international assets, such as US stocks. CMC Markets, for example, charges 0.5%.

FAQ

Which Is The Best Broker With A UAH Account?

We’ve thoroughly tested the best trading platforms with UAH accounts. See our list to find the right option for you.

How Much Does It Cost To Open A Trading Account Based In Ukrainian Hryvnia?

Most brokers will allow you to open a trading account for 250 USD (around 9,810 UAH) or less. However, we’ve seen some trading platforms with UAH accounts offering much less.

Exness, for example, allows you to start with just $10, making it an ideal choice for beginners or those on a budget. For more experienced investors, I’ve also been impressed with its superb selection of platforms and research tools.

Article Sources

National Bank of Ukraine

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