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7 Best Regulated Forex Brokers in Guinea

Overview

Guinea is not known for being a major forex trading hub and the government has not yet made any kind of attempt to reform the regulatory structure for forex to be integrated within it.

Forex trading is still a foreign concept for most of the population, however, there are more traders who are showing an interest in trading forex. There is currently no regulatory entity that oversees trading in Guinea, however, there are regulated and reputable brokers that accept traders from this small West African country.

XM

XM is a multi-award-winning broker that is globally established Traders are provided with competitive trading conditions and the benefit of no-requotes, low spreads, fast execution speeds, and negative balance protection.

Pros and Cons

PROS CONS
Strict regulation through reputable entities US clients not allowed
Negative balance protection
Multiple industry awards

 

FXTM

FXTM is an award-winning broker that offers the trade in more than 250 financial instruments. FXTM is regulated by several entities in multiple jurisdictions. Traders are offered with a range of educational material, trading tools, and a choice in flexible account types.

 

Pros and Cons

PROS CONS
250+ financial instruments US clients not accepted
Segregated client funds Restricted leverage for EU clients
Low minimum deposit
A LIRE =>  Les magistrats doivent comprendre cependant qu’autant Alpha Condé auquel ils obéissent aujourd’hui au doigt et à l’œil s’en prend à ceux d’entre eux qui l’ont jugé en 2000, autant ils seront eux-mêmes cloués au pilori demain.

 

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Exness

Exness is a reputable online trading broker that caters for traders from around the world. Traders have access to a variety of financial instruments, powerful trading platforms, and competitive trading conditions.

 

Pros and Cons

PROS CONS
Strictly regulated US Clients not allowed
High maximum leverage offered Accounts are not multi-currency
Powerful trading platforms supported

 

AvaTrade

AvaTrade is a multi-award-winning, popular broker with multi-regulation, offering traders with the comprehensive trade in more than 250 financial instruments.

 

Pros and Cons

PROS CONS
Strict, multiple regulation US clients not accepted
Negative balance protection Variable spreads not offered
Fixed spreads and fast trade execution

 

FXPRIMUS

FXPRIMUS is an online trading broker that places emphasis on client safety as well as education while offering traders with the latest trading technology and competitive trading conditions.

 

Pros and Cons

PROS CONS
Segregated client funds US client not accepted
Commission-free trading accounts Fixed spreads not offered
VPS service offered

 

CM Trading


CM trading is the largest online broker in South Africa, offering traders with access to global financial markets, a wide range of forex and CFDs, and a decent selection of education and market analysis.

 

Pros and Cons

PROS CONS
Well-regulated US clients not accepted
Commission-free accounts offered High minimum deposit requirement
Hedging and scalping allowed No fixed spread accounts
A LIRE =>  Ne pas se sentir concerné par ce qui est arrivé à Mr Dalein à l’aéroport de Conakry, c’est donner une procuration au régime de Mr Alpha Condé

 

XTB

XTB is one of the largest brokers in the industry offering reliable trading solutions, a range of forex and CFD instruments, and an award-winning trading platform. In addition, traders are also offered with negative balance protection, sentiment analysis tools, and live market commentary.

Pros and Cons

PROS CONS
Strict regulation US clients not accepted
Award-winning xStation trading platform Restricted leverage for EU clients
Dedicated personal account manager offered Fixed spread accounts not offered

 

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