Best Forex Brokers in Egypt 2021

Want to start trading forex in Egypt? In this guide, we’ll review the 10 best forex brokers in Egypt for 2021 and show you how to start trading today.

Best Forex Brokers Egypt 2021 List

Here’s our list of the 10 best forex brokers in Egypt that you can trade with in 2021:

  • eToro – Overall Best Forex Broker in Egypt for 2021
  • VantageFX – Best ECN Forex Broker in Egypt
  • – Best Low-cost Forex Broker in Egypt
  • AvaTrade – Top Forex Broker for Options Trading in Egypt
  • Libertex – Best Egypt Forex Broker for MetaTrader 4 and 5
  • Pepperstone – Top Egyptian Forex Broker with Low Spreads
  • – Best Egypt Forex Broker for Research and Analysis
  • IG – Top Forex Broker for Trading Exotic Currency Pairs
  • Interactive Brokers – Best Forex Broker in Egypt for Advanced Traders
  • FXCM – Best Forex Broker in Egypt for Currency Indices

These brokers are among the top 10 forex brokers in the world and all are regulated by trusted financial authorities.

Top Egypt Forex Brokers Reviewed

Now that you’ve seen our list of the top forex brokers in Egypt, let’s take a closer look at some of our favorites.

1. eToro – Overall Best Forex Broker in Egypt for 2021

etoro logoeToro is our top-rated pick for Egyptian traders in search of a forex broker. This comprehensive forex trading platform offers more than 40 currency pairs to trade. Plus, all forex trades at eToro are 100% commission-free and the broker charges competitive spreads starting from just 1.0 pips.

eToro stands out for its custom-built trading platform, which is available for the web and mobile devices. The platform includes highly customizable charts with over 100 technical studies and drawing tools. You also get watchlists, a news feed, an economic calendar, and access to professional market research to help guide your trading decisions.eToro Forex Pairs

Even better, eToro’s platform includes a built-in social trading network. You can easily connect with millions of forex traders around the world to share ideas, swap trading strategies, and discuss the latest market news. The platform also supports copy trading, so you can set your portfolio to mimic the moves of more experienced traders. So, eToro makes it simple to take a hands-off approach to actively trading the currency market.

eToro is regulated by the UK Financial Conduct Authority (FCA), which is a top-tier global financial watchdog. The company also offers 24/5 customer support. You can open a new trading account with a $250 minimum deposit (around 4,000 EGP) and fund your account by credit card, debit card, or PayPal.

  • Commission-free trading on over 40 forex pairs
  • Access to professional market research
  • Highly customizable charting platform
  • Social trading network with copy trading
  • Regulated by the UK FCA


  • Small $5 fee for withdrawals

67% of retail investor accounts lose money when trading CFDs with this provider.

2. VantageFX – Best ECN Forex Broker in Egypt

VantageFX logoVantageFX is another top Egypt forex broker that offers trading on dozens of major, minor, and exotic pairs. What makes this broker stand out in a competitive field is the fact that it offers two types of accounts: STP accounts and ECN accounts.

VantageFX’s STP accounts are 100% commission-free and only require a $200 minimum deposit to open. Spreads start at 1.4 pips, which is slightly above the industry average. The ECN accounts lower spreads to 0.0 pips for most trades and charge a commission of $3 per lot per side. They also offer faster trade execution. You’ll need $500 to open an ECN account with VantageFX.VantageFX raw spreads live

VantageFX has its own trading platform for mobile devices, plus integrates with MetaTrader 4 and 5. The VantageFX app is very easy to use and comes with a variety of tools like technical charts, watchlists, and price alerts. However, more experienced traders might find the platform limiting, so the MetaTrader integration is a huge plus for this broker.

VantageFX is regulated by the Australian Securities and Investments Commission (ASIC), a top-tier global regulator. The company offers 24/5 customer support.

  • Offers STP and ECN accounts
  • ECN account has spreads as low as 0.0 pips
  • Custom trading platform for mobile devices
  • Integration with MT4 and MT5
  • Regulated by ASIC


  • ECN account requires $500 minimum deposit

Your capital is at risk.

3. – Best Low-cost Forex Broker in Egypt is one of the best forex brokers in Egypt for traders who want to cut costs. This broker offers 100% commission-free forex trading with spreads as low as 0.7 pips. Plus, doesn’t charge deposit, withdrawal, or inactivity fees, so you won’t pay any hidden charges for opening an account. has over 140 currency pairs to trade, which also makes it perfect for traders who want to buy and sell exotic forex pairs. The broker offers 30:1 leverage on major forex pairs, but only limited leverage for Trading Platform

Another thing we like about is its custom trading platform, which is available for web and mobile. The platform offers easy-to-use technical studies along with a news feed and economic calendar. Even better, uses AI technology to track your trades and suggest ways you can improve your win rate over time. This is very helpful for beginner and advanced traders alike. is regulated by the UK FCA and requires just a $20 minimum deposit to get started (around 300 EGP). The broker offers exceptional 24/7 support, too – you can get in touch anytime by phone, email, or live chat if you have questions about your account.

  • 0% commission trading with spreads from 0.7 pips
  • No deposit, withdrawal, or inactivity fees
  • Trade over 140 currency pairs
  • Custom platform with AI technology
  • 24/7 customer support available


  • Limited technical analysis tools for advanced traders

71.2% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.

4. AvaTrade – Top Forex Broker for Options Trading in Egypt

avatrade brokerAvaTrade is another top forex broker that offers trading on more than 55 currency pairs. The broker doesn’t charge any commissions for currency trading and spreads are very competitive.

AvaTrade is one of the best forex brokers in Egypt for options trading. The broker has a dedicated options trading platform, called AvaOptions, that enables you to quickly analyze P&L charts and options chains. You can set up multi-leg strategies in seconds and even see the likelihood of profiting based on historical volatility.AvaTrade Forex Trading Platform

In addition, this broker offers social trading and copy trading through its AvaSocial mobile app. The social trading platform is only available for mobile devices, but we found that it’s very easy to use. We especially liked that you can mimic more experienced traders at no cost, and there are thousands of traders on the platform to copy.

AvaTrade is regulated by the UK’s FCA and Australia’s ASIC. The broker offers 24/5 customer support and you can open a new account with as little as $100. There are no deposit or withdrawal fees, but be sure to watch out for the inactivity fee. This takes effect after 3 months without trading and costs $50 per quarter.

  • Dedicated platform for options trading
  • Trade over 55 currency pairs
  • Social trading with dedicated mobile app
  • 100% commission-free spot and options trading
  • Regulated by 2 top-tier authorities


  • High inactivity fee after 3 months without trading

Your capital is at risk.

5. Libertex – Best Egypt Forex Broker for MetaTrader 4 and 5

Libertex logoLibertex is one of the best forex brokers in Egypt for traders who want to use MetaTrader 4 or 5 as their trading platform. These software packages are extremely popular among forex traders and offer advanced tools like strategy backtesting, forex signals, and more. Using MT4 and MT5 with Libertex is free and included with every account.

Libertex also offers its own custom trading platform for web and mobile. It’s not nearly as comprehensive as MT4 and MT5, but it is very beginner-friendly. You still get access to technical charts, a news feed, and price alerts, so this platform can be a good option for new forex traders.Libertex Trading Platform

Libertex currently offers trading on 50 forex pairs. The broker is 100% spread-free, which makes it something of an outlier among top forex brokers. Libertex charges fixed percentage-based commissions for each currency pair, which start at around 0.01% for major pairs. While this isn’t much of a discount compared to spread-based pricing, it can be extremely helpful to know that the cost of trades will remain consistent during all market conditions.

Libertex is regulated by the Cyprus Securities and Exchange Commission (CySEC), a widely respected financial authority in Europe. The broker offers customer support by email only, so it can be moderately difficult to get in touch. On the plus side, you only need $10 to open a new trading account with Libertex.

  • Integrates with MT4 and MT5
  • Supports forex signals
  • Spread-free trading with fixed commissions
  • Regulated by CySEC
  • Low $10 minimum deposit to open an account


  • Customer support by email only

83% of retail investor accounts lose money when trading CFDs with this provider.

Best Forex Brokers in Egypt Comparison

Now that you know more about the best forex brokers in Egypt, let’s see how they stack up against one another in terms of pricing:

Pricing Structure USD/GBP Spread Deposit/Withdrawal Fee Maximum Leverage
eToro Spread 2.1 pips $5 withdrawal fee 30:1
VantageFX Spread (STP)

Commission (ECN)

1.4 pips (STP)

$3 per lot per side (ECN)

None 500:1 Spread 0.7 pips None 30:1
AvaTrade Spread 1.6 pips None 400:1
Libertex Commission 0.01% None 30:1

How to Choose the Right Forex Broker for You

With so many top forex brokers to choose from in Egypt, how do you decide which one is right for you? In this section, we’ll cover everything you need to know about how to pick the best forex broker in Egypt.


The most important thing to consider when choosing a forex broker is whether or not your funds will be safe. That’s why we only recommend brokers that are regulated by trusted financial authorities like the FCA, ASIC, and CySEC.

Regulated brokers provide several key protections for traders. Your funds are kept in a segregated account so they’re clearly yours and not the broker’s. In addition, your trades are executed without delays and price slippage is kept to a minimum.eToro Security


The first thing most forex traders look at when comparing forex brokers is the cost of trading – and rightly so.

Brokers typically charge two types of trading fees: spreads and commissions. A spread is the difference between the bid and ask price for a currency pair, and it can vary over time as market conditions change. Most of the brokers we reviewed charge spreads.

Commissions are fixed transaction fees that you pay per trade. ECN brokers like VantageFX and some forex brokers like Libertex charge commissions for forex trading.

In addition to trading fees, it’s important to check what account fees, if any, a broker charges. Most brokers offer free deposits and withdrawals, but they may charge inactivity fees that are assessed if you go several months without placing a trade.

Range of Assets

The range of forex pairs that you can trade with a forex broker is also important to think about. Most Egyptian forex brokers offer all of the major and minor forex pairs – around 30 currency pairs in total.

However, brokers vary widely in how many exotic pairs they offer. Most brokers only offer one or two dozen, but has over 100 to trade!

Trading Tools

Your forex broker will be your main source of trading tools for research and analysis. So, it’s important to think carefully about what tools you need and what a broker has to offer.

To start, look at the charting platform to see what it includes. Some brokers offer stripped-down charting services, while brokers like eToro have highly customizable charts with over 100 studies and drawing tools.eToro gbpusd chart

Another thing to consider are all of the tools that help you stay on top of the market. These include a market news feed, an economic calendar, and a market sentiment gauge that shows what other traders are buying and selling. Price alerts can also be very helpful so you never miss a price movement.

Finally, we recommend looking for brokers that offer social trading or copy trading tools. While these aren’t essential, they make it much easier to get new strategy ideas and to find out what’s going on in the market. Copy trading in particular is great if you want to actively trade forex but don’t want to spend a ton of time researching currency pairs yourself.eToro copy trading

Past performance does not guarantee future results.


Forex brokers offer a wide variety of different platforms. Some have their own custom-built platforms, while others rely on integrations with commercial software like MetaTrader.

Either option can work well, but be sure to test out the trading platform before you commit so you know whether it’s easy to use. Most brokers offer forex demo accounts so you can take their platform for a test drive.

Account Types

You’ll also need to think about the types of accounts that are available when choosing the best forex broker in Egypt. Many brokers only have one type of account, so your decision is pretty simple.

However, brokers like VantageFX have multiple trading accounts to choose from. You get to decide between STP and ECN trade processing, which also affects whether you’ll pay spreads or commissions when you trade. Different account types can also have different minimum deposits or leverage limits.VantageFX Account Types


Last but not least, it’s worth thinking about the types of payment methods you can use to fund your forex trading account. Most Egypt forex brokers accept credit cards, debit cards, and bank transfers. Some platforms like eToro also accept e-wallets, including PayPal, Neteller, and Skrill.

How to Get Started with a Forex Broker

Ready to start trading with the best forex broker in Egypt? You can create a new account with eToro and trade your first forex pair in just 4 simple steps. We’ll walk you through the process.

Step 1: Register an eToro Account

eToro offers commission-free trading and tight spreads on over 40 forex pairs, plus a built-in social trading network. To open a new account, head to the eToro website and click ‘Join Now.’ You’ll need to enter a new username and password to get started, or you can sign up using your Google or Facebook login details.Sign up for an eToro account.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Verify Your Identity

eToro follows Know Your Customer (KYC) requirements that are mandated by financial regulators. So before you can deposit funds, you need to verify your identity. Upload a copy of your passport or driver’s license along with a copy of a recent bank statement or utility bill, and eToro will verify your documents online in a few minutes.eToro verify Identity

Step 3: Deposit Funds

Once your account is verified, you can deposit funds to trade with. eToro requires a minimum deposit of $250, which is around 4,000 EGP. You can pay by credit card, debit card, PayPal, Neteller, Skrill, or bank transfer.eToro Deposit Funds

Step 4: Start Trading

Now you’re ready to start trading forex with eToro. In your account dashboard, click on the ‘Currencies’ tab to see all of the available forex pairs. Select your favorite pair and then click ‘Trade’ to open a new order form.

In the order form, enter the amount you want to buy or sell in USD. Then choose how much leverage to apply (up to 30:1 for major forex pairs) and set a stop loss or take profit level for your trade. When you’re ready, click ‘Open Position’ to complete your first forex trade with eToro.eToro Buy EUR USD Mobile App

eToro – Best Forex Broker in Egypt for 2021

Trading forex in Egypt is easier than ever before thanks to the growth of global brokerage platforms that offer trading in the country. With our list of the best forex brokers in Egypt for 2021, you can decide which platform is right for you and get started trading today.

Ready to sign up with our #1 pick for Egyptian forex traders? Click the link below to start trading with eToro today and pay nothing in commissions to buy and sell forex!
etoro logo

67% of retail investor accounts lose money when trading CFDs with this provider.


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Michael Graw

Michael Graw

Michael is an experienced freelance journalist and writer based in Washington. His core expertise includes finance, trading and technology. His work has been published on various websites that are prominent in the financial space. These cover the intersection of markets, global news and new emerging technology. In addition, he holds a Ph.D. in Oceanography from Oregon State University and has worked with environmental non-profit organisations across the US to help bridge the gap between scientific research and coastal communities. Other publications that Michael has written for include TechRadar, Tom’s Guide, StockApps, and LearnBonds.