Forex trading offers Bahamians the opportunity to invest in the largest and most liquid market in the world, with the chance to earn large profits. Forex traders in the Bahamas can easily partake in forex trading through the following top forex brokers:
- Swissquote
- Tickmill
- FXPrimus
- Interactive Brokers
- FXPro
- FBS
Top 10 Forex Brokers
Broker
Rating
Regulators
Min Deposit
Leverage
Website
Top 10 Forex Brokers
Broker
Rating
Min Deposit
Leverage
1. Swissquote
Swissquote is a forex trading broker and trading platform established in 2000 in Switzerland by Marc Bürki and Paolo Buzzi. The CEO for Swissquote is Marc Bürki, who has been in the position since Swissquote was established. Swissquote is regulated by FCA, FINMA, DIFC, DFSA, SFC, MFSA, and MAS.
Swissquote’s market capitalization is 2.15 billion CHF, and there is 440.2 million CHF in equity held. In terms of forex traders, Swissquote has 340 000 registered forex traders, according to the official Swissquote website. According to reliable sources, between 500 and 1,000 employees are working for Swissquote.
Swissquote charges a minimum deposit of $1,000. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.6 pips and commissions from $3.
Regarding trading speeds, Swissquote guarantees fast trade execution and high liquidity provided by 16 liquidity providers, according to trusted sources. Where security is concerned, Swissquote is multi-regulated with several entities with both level 3 and 4 licenses, which ensures that there is client fund security.
In terms of financial markets, Swissquote offers a range of tradable financial instruments from these asset classes.
- Forex
- Stocks
- Shares
- Indices
- ETFs
- Cryptocurrencies
- Government Bonds
- Commodities
About trading software, Swissquote offers the following:
- Swissquote eTrading Platform for multiple assets
- Swiss DOTS trading platform for derivatives
- Themes Trading
- Swissquote Mobile
With research and training, Swissquote has a newsletter and blog for forex traders. Forex traders are offered with the following:
- AutoChartist
- Robo-Advisory
- Trading Videos
- Webinars
- Market Analysis
- Swissquote Magazine
- Swissquote Pulse
In terms of customer support, Swissquote can be contacted through these communication channels.
- Telephone
- Live Chat
In terms of the service area, Swissquote serves traders from around the world except those from.
- Zimbabwe
- The United States
- Turkey
- Syria
- Singapore
- Saudi Arabia
- Algeria
- Belgium
- Canada
- China, and several other regions.
In terms of currency types, Swissquote accepts the following currencies.
- USD
- CHF
- EUR
- GBP
When compared to other forex brokers, Swissquote stands out with some of the following unique features.
- Award-winning brokerage service
- Reputable financial service provider
- Advanced solutions
- Innovative trading technology
- Education and research tools
Swissquote is a very active forex broker in the Bahamas, with a large portion of registered forex traders that trade on its platforms. Swissquote has a good market share despite the high competitiveness in the industry. There are no privileges offered to Bahamian citizens, but forex traders can expect a range of solutions and trusted committed service.
Swissquote is a popular choice for Bahamian citizens because of its powerful trading software, security, and award-winning trading solutions.
To get more information, you can read the Swissquote review.
2. Tickmill
Tickmill is a forex trading broker and trading platform established in 2014 by Ingmar and Illimar Mattus and Nikolai Nikolajenko in the United Kingdom. There are three CEOs for Tickmill according to its different offices.
- Sudhanshu Agarwal – Seychelles (6 years, 11 months)
- Duncan Anderson – United Kingdom (6 years, two months)
- Valerijus Ovsianikas – Cyprus (6 years, four months)
Tickmill is a forex broker regulated by the FSA, FCA, CySEC, Labuan FSA, FSCA with registrations by FCA, BaFin, CONSOB, ACPR, and CNMV. In terms of forex traders, Tickmill has more than 350 000 registered forex traders, according to the official Tickmill website. According to reliable sources, between 50 and 100 employees are working for Tickmill.
Tickmill charges a minimum deposit of $100. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.1 pips EUR/USD and commissions of $2 per 100k traded.
Regarding trading speeds, Tickmill executes trades in 0.15 seconds, according to the official Tickmill website. Where security is concerned, Tickmill is a trusted and secure forex broker that ensures that clients are treated fairly and kept safe.
In terms of financial markets, Tickmill offers a range of tradable financial instruments from these asset classes.
- Forex
- Stock Indices
- Energies
- Metals
- Bonds
About trading software, Tickmill offers the following:
- WebTrader
- MetaTrader 4
With research and training, Tickmill has a newsletter and blog for forex traders. Forex traders are offered with the following:
- AutoChartist
- MyFXBook AutoTrade
- Economic Calendar
- Trading Calculators
- Tickmill VPS
- One-Click Trading
In terms of customer support, Tickmill can be contacted through these communication channels.
- Live Chat
- Telephone
In terms of the service area, Tickmill serves traders from around the world except those from.
- The United States
- Sudan
- North Korea
- Cuba
- Iraq
- Myanmar
In terms of currency types, Tickmill accepts the following currencies.
- USD
- GBP
- EUR
- PLN
Tickmill’s unique sides consist of.
- Variety in trading software technologies
- Advanced, useful trading tools
- Range of markets
- Trust and commitment
Tickmill is a very active forex broker in the Bahamas with hundreds of registered forex traders that use its comprehensive trading services. Tickmill has a decent market share in the Bahamas when compared to other forex brokers. There are no distinct privileges offered to Bahamian citizens other than powerful trading software, a range of markets, and trusted solutions.
Tickmill is a popular choice for Bahamian citizens because it can be trusted, and traders know that they are trading in a safe environment.
To get more information, you can read the Tickmill review.
3. FXPrimus
FXPrimus is a forex trading broker and trading platform established in Cyprus in 2009. The CEO for FXPrimus is Terry Thompson, who has been in the position for several. FXPrimus is regulated by CySEC, VFSC, and FSCA.
In terms of forex traders, FXPrimus has an undisclosed number of registered forex traders. According to reliable sources, 409 employees are working for FXPrimus.
FXPrimus charges a minimum deposit of $500. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.0 pips and commissions from $10.
Regarding trading speeds, FXPrimus executes trades at reliable, fast speeds, according to trusted sources. Where security is concerned, FXPrimus is a trusted, well-regulated broker that uses 128-bit keys that safeguard the information and data of clients.
In terms of financial markets, FXPrimus offers a wide range of tradable financial instruments from these asset classes.
- Forex
- Equities
- Energies
- Precious metals
- Indices
- Futures
- Cryptocurrencies
About trading software, FXPrimus offers the following:
- MetaTrader 4
- Platinum API
- VPS
With research and training, FXPrimus offers a newsletter and blog for forex traders. Forex traders are offered with the following:
- Weekly outlook
- Seminars
- Educational videos
- Trading Tool Suite
In terms of customer support, FXPrimus can be contacted through these communication channels.
- Live chat
- Telephone
- Contact request form
In terms of the service area, FXPrimus serves traders from around the world except those from.
- Australia
- Belgium
- Canada
- France, and several other regions.
In terms of currency types, FXPrimus accepts the following currencies.
- EUR
- USD
- GBP
- SGD
- PLN
When compared to other forex brokers, FXPrimus offers some of the following unique features.
- Trusted trading software
- A range of funding methods
- Low trading and non-trading fees
FXPrimus is a popular forex broker in the Bahamas with hundreds of registered Bahamian traders that trade using its trading platform and software. FXPrimus has a good market share that it must share with other large competitors in the industry. There are no privileges offered to Bahamian citizens other than a range of markets and unique solutions.
FXPrimus is a popular choice for Bahamian citizens as it is trusted, well-regulated, and offers a range of trading opportunities.
To get more information, you can read the FXPrimus review.
4. Interactive Brokers
Interactive Brokers is a forex trading broker and trading platform established in 1978 in the United States by Thomas Peterfly. The CEO for Interactive Brokers is Milan Galik, who has been in the position for more than three years since 2018. Interactive Brokers is regulated by CFTC, IIROC, FCA, CSSF, CBI, MNB, ASIC, SEHK, KLB, and MAS.
Interactive Brokers’ market capitalization is $28.03 billion and is listed on NASDAQ under the stock symbol IBKR. In terms of forex traders, Interactive Brokers has 600 000 registered forex traders, according to the official Interactive Brokers website.
According to reliable sources, more than 1 600 employees are working for Interactive Brokers. Interactive Brokers does not have a predetermined minimum deposit amount. In terms of forex trading fees and commissions, forex traders can expect 0-pip spreads and tiered/fixed commissions.
Regarding trading speeds, Interactive Brokers guarantees fast, reliable trade executions that have low latency, according to trusted sources. Where security is concerned, Interactive Brokers is a large, trusted, and reputable forex broker and trading service provider with a global presence.
Interactive Brokers is known for using the latest, most innovative security protocols and software to ensure that its forex traders and their funds are safe and secure.
In terms of financial markets, Interactive Brokers offers a range of tradable financial instruments from these asset classes.
- Forex
- Metals
- Bonds
- ETFs
- Mutual Funds
- Hedge Funds
- Robo Portfolios
- Stocks
- Options
- Futures
About trading software, Interactive Brokers offers the following:
- Interactive Brokers’ Client Portal
- Desktop TWS
- IBKR Mobile
- IBot
- IBKR WebTrader (Only for IBKR Pro Accounts)
- IBKR APIs (Only for IBKR Pro Accounts)
With research and training, Interactive Brokers has a newsletter and blog for forex traders. Forex traders are offered with the following:
- Knowledge Base
- Traders’ Academy
- More than 150 videos
- Courses and tours
- Investors’ marketplace
- Apps, tools, and widgets
In terms of customer support, Interactive Brokers can be contacted through these communication channels.
- Telephone
- Live chat
- IBot FAQs
In terms of the service area, Interactive Brokers serves traders from around the world except those from.
- Afghanistan
- Burundi
- Iran
- Iraq
- Somalia
- Sudan, and several other regions.
In terms of currency types, Interactive Brokers accepts the following currencies.
- USD
- GBP
- EUR
- JPY, and several others.
When compared to other forex brokers, Interactive Brokers is an exchange-listed forex broker and trading solutions provider which has a rich history.
In terms of unique sides and/or features, Interactive Brokers stands out by offering some of the following.
- Powerful IBKR trading software
- Trusted forex broker listed on a stock exchange
- Variety of investment opportunities
- Several industry awards won over the past few years
Interactive Brokers is a very active forex broker in the Bahamas with thousands of registered traders that use its services and powerful trading platforms. Interactive Brokers has a large market share of more than 10% in the Bahamas. There are no privileges offered to Bahamian citizens, but forex traders have the reassurance that they are dealing with a legit, large forex broker.
Interactive Brokers is a popular choice for Bahamian citizens because of the fair, transparent, and dynamic trading environment that it provides to its clients.
To get more information, you can read the Interactive Brokers review.
5. FxPro
FxPro is a forex trading broker and trading platform established in 2006 in the United Kingdom. The CEO for FxPro is Charalambos Psimolophitis, who has held the position for an undisclosed term to date. FxPro is regulated by FCA, CySEC, FSCA, and SCB.
FxPro’s market capitalization is not disclosed by official sources, but the forex broker experiences daily trading volumes of more than $6.5 billion. In terms of forex traders, FxPro has 1.8 million active forex traders, according to the official FBS website.
According to reliable sources, between 100 and 250 employees are working for FxPro. FxPro charges a minimum deposit of $100. In terms of forex trading fees and commissions, forex traders can expect a spread from 0.37 pips and commissions of 45 USD per 1 million USD traded.
Regarding trading speeds, FxPro executes trades in less than 14 milliseconds, with 7,000 trades executed every second as per official sources. Where security is concerned, FxPro is well-regulated and ensures client safety through stringent protocols and updated, innovative software.
In terms of financial markets, FxPro offers a range of tradable financial instruments from these asset classes.
- Forex
- Metals
- Futures
- Energies
- Spot Indices
- Shares
About trading software, FxPro offers the following:
- cTrader
- MetaTrader 4
- MetaTrader 5
- FxPro Trading Platform
With research and training, FxPro has a newsletter and blog for forex traders. Forex traders are offered with the following:
- Fundamental and Technical Analysis
- Trading Tests
- Video Tutorials
- Webinars and Events
- Economic Calendar
- Calculators
In terms of customer support, FxPro can be contacted through these communication channels.
- Telephone
- Live Chat
- Telegram
In terms of the service area, FxPro serves traders from around the world except those from.
- USA
- Canada
- Iraq, and several other regions, especially those on the OFAC list.
In terms of currency types, FxPro accepts the following currencies.
- USD
- EUR
- GBP
- CHF
- PLN
- AUD
- JPY
- ZAR
When compared to other forex brokers, FxPro offers the best trading conditions and environment to both beginner and professional Bahamian traders.
In terms of unique sides and/or features, FxPro stands out by offering.
- Competitive fees and spreads
- Fast and reliable trade execution speeds
- Deep liquidity
FxPro is a very active forex broker in the Bahamas with hundreds of registered forex traders who actively trade in forex with FxPro. FxPro has a decent market share as a result of its unique offering. There are no privileges offered to Bahamian citizens, but traders can expect a range of markets, many trading opportunities, and the best trading software in the industry.
FxPro is a popular choice for Bahamian citizens because of its unique sides, especially when compared to other competitors in the forex industry.
To get more information, you can read the FxPro review.
6. FBS
FBS is a forex trading broker and trading platform established in 2009 in Belize. The CEO for Ferdous Amin, who has been in the position for several years. FBS is regulated by International Financial Services Commission (IFSC).
FBS’ market capitalization is not disclosed by official sources, but in terms of forex traders, FBS has more than a million registered traders that use its services. According to reliable sources, between 100 and 250 employees are working for FBS.
FBS charges a minimum deposit which starts from as little as $1. In terms of forex trading fees and commissions, forex traders can expect 0-pip spreads with commission charges of $20.
Regarding trading speeds, FBS executes trades in a few milliseconds, according to trusted sources. Where security is concerned, FBS uses innovative and strict security protocols and software.
In terms of financial markets, FBS offers a range of tradable financial instruments from these asset classes.
- Forex
- Metals
- Indices
- Energies
- CFDs
- Stocks
About trading software, FBS offers the following:
- MetaTrader 4
- MetaTrader 5
- FBS Trader
With research and training, FBS has a newsletter and blog for forex traders. Forex traders are offered with the following:
- Seminars
- Glossary
- Economic Calendar
- Currency Converter
- Daily Market Analysis and several others.
In terms of customer support, FBS can be contacted through these communication channels.
- Viber
- Line
- Telegram
- Telephone
- Fax
- Call back form
In terms of the service area, FBS serves traders from around the world except those from.
- United States
- Japan
- Canada
- United Kingdom
- Myanmar
- Brazil
- Malaysia
- Israel
- Islamic Republic of Iran
In terms of currency types, FBS accepts the use of either USD or EUR. When compared to other forex brokers, FBS offers tailor-made solutions to both beginners and professionals despite their trading needs, objectives, or unique style.
In terms of unique sides and/or features, FBS stands out by offering.
- 5-digit pricing on all accounts
- High leverage ratios up to 1:3000
- Powerful trading technology
FBS is a very active forex broker in the Bahamas, with thousands of forex traders who have registered an account with FBS. FBS has a decent market share when compared to its competitors. There are no privileges offered to Bahamian citizens, but forex traders can expect competitive trading conditions when they trade with FBS.
FBS is a popular choice for Bahamian citizens because of its range of markets, flexible accounts, and innovative solutions.
To get more information, you can read the FBS review.
Forex Trading in the Bahamas
The Bahamas, officially known as the Commonwealth of the Bahamas, is a country in the Lucayan Archipelago of the West Indies in the Atlantic. Offshore International Financial services are the second important economic sector in the Bahamas, accounting for 15% of GDP in the region.
The government derives revenue from import tariffs, VAT, license fees, property, and stamp taxes, but Bahamian citizens are not subjected to income tax, corporate tax, capital gains tax, or wealth tax, which means that profits are made from forex trading are not taxed.
The Bahamas has a strong bilateral relationship with both the United States and the United Kingdom, and its official currency is the Bahamian dollar (BSD), with US Dollars widely accepted and traded in the region.
What should be known for Forex Trading in the Bahamas?
The Bahamas is well-known for being a financial “haven” for investors from around the world. The Securities Commission of the Bahamas (SCB) has helped to form financial policy in the region, with extensive and comprehensive experience with forex and CFD brokers from around the world.
Strict regulation, which is relative to other Caribbean Islands, helps to ensure that brokers that do business in the Bahamas have been vetted according to international standards. This reassures Bahamian traders that they are protected when they trade forex.
Who are the Forex Regulators in the Bahamas?
Forex trading in the Bahamas is overseen by the Securities Commission of the Bahamas (SCB) along with the European Securities and Markets Authority (ESMA).
Is Forex Trading Legal in the Bahamas?
Yes, forex trading is both legal and welcomed in the Bahamas, especially since the region has a close relationship with the US and UK.
How Many Forex Traders are there in the Bahamas?
The population of the Bahamas is more than 350,000 citizens, of which hundreds of forex traders partake in the forex market daily.
What do Bahamas’ Citizens think about Forex Trading?
Forex trading is welcomed by Bahamian citizens as it strengthens the economy.
Best Forex Brokers for Beginners in the Bahamas
The Best forex brokers for beginners in the Bahamas are:
- FXPrimus
- Tickmill
- FBS
- OctaFX
- Alpari
These forex brokers are known for providing some of the best forex education and practice accounts funded with adequate virtual funds to practice trading and gain experience.
Best Forex Brokers for Experts in the Bahamas
The best forex brokers for expert traders in the Bahamas are:
- Swissquote
- Interactive Brokers
- FxPro
- FBS
- Tickmill
Best Forex Brokers for Other Countries
The best forex brokers for Cuba are:
- FXTM
- HotForex
- XM
- Olymp Trade
- eToro
The best forex brokers for Jamaica are:
- XTB
- Expert Option
- IQ Option
- OctaFX
- FxPro
The best forex brokers for the Cayman Islands are:
- FXTM
- Olymp Trade
- eToro
- IC Markets
- HotForex
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