Recognized in Ghana as an authorized Stock Exchange in , and officially launched in , the exchange is a member of the African Securities Exchanges Association ASEA. As of , the GSE is a public company limited by guarantee. The financial markets in the Republic of Ghana include are relatively small, consisting of a bond, equity, forex, and derivatives market.

The Foreign Exchange Act of Act allows local and foreign investors the ability to participate in various investment schemes using local and foreign currency when investing in the capital markets and local stock exchange in Ghana. That said, the regulations in Ghana, including the Securities Industry Act of Act , appear to pertain more to the use of physical currencies, rather than trading forex for speculative reasons such as when using a derivative, CFD, or spot contract.

The SEC in Ghana regulates broker dealers and financial institutions. While there are a number of brokers that are regulated in other countries that accept Ghanaian residents, it is currently unclear whether the SEC has any objections when residents use a broker that is not regulated locally. Residents of Ghana are obligated to pay taxes in Ghana, while non-residents are obligated to pay taxes in their country of residence.

It is always best to consult with your accountant for tax issues related to your unique circumstances and your country of residence.

These practical steps for getting started with forex trading in Ghana are applicable regardless of your experience level, or your forex trading goals. This is not intended to be an exhaustive list of forex first steps, but should be just enough to help get you started. We assess dozens of the most prominent brokers in foreign exchange, employing a proprietary methodology based on over data-driven variables across a wide range of categories including overall trust.

Using these rankings, we evaluated the brokers that accept clients from Ghana, resulting in this list of the best forex brokers in Ghana in IG is the best broker for beginner forex traders in Ghana in IG delivers an excellent selection of educational materials and resources for residents of Ghana who are just getting started with forex and CFD trading, including learning courses and easy-to-use trading platforms.

IG also offers an app exclusively dedicated to education as part of its IG Academy, along with an extensive array of resources curated from its IG Community forum. There is a very high degree of risk involved in trading securities.

With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Learn more. Axi is currently one of the top-rated platforms, ranked 17 out of with a rating of 8. Rated 70 of Recommended FX Brokers. FBS can be summarised as a trustworthy broker with a good reputation that provides Contracts for Difference CFDs and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options, and indices to a global market.

FBS offers quality education material, friendly trading conditions, and research tools. Rated 71 of Recommended FX Brokers. Now it is your turn to participate:. Which Bank of Ghana Approved broker from this list do you intend to test out?

What was the determining factor in your decision to engage with a certain broker? Regardless, please share your thoughts in the comments below.

You might also like: Best Forex Brokers in Ethiopia. You might also like: Best Forex Brokers in the Congo. You might also like: Best Forex Brokers in Cameroon. You might also like: Best Forex Brokers in Nigeria.

You might also like: Best Forex Brokers in Kenya. Our review of the best forex brokers in Ghana reveals that Exness is the most popular Broker choice amongst Ghanaian Traders.

Overall, GO Markets can be summarised as a safe broker that provides competitive spreads on Contracts for Difference CFDs. GO Markets does not offer a Sign Up Bonus. GO Markets also does not offer a welcome bonus or deposit bonus or the advantage. The GO Markets demo. RSS Feed. Top 4 Brokers. Read Review. Open a Free Trading Account. Tiếng Việt. Czech Republic. Open a FREE Trading Account. New York Stock Exchange. London Stock Exchange. Australian Stock Exchange.

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Forex No Deposit Bonuses. Best Brokers. Visit Broker. In this in-depth write-up you will learn: Who is the Best Suited Ghanaian Broker for Beginners? Pros and Cons of Forex Trading in Ghana. Ghanaian Cedi-based Accounts and their low minimum deposit. Which forex brokers are approved by the Bank of Ghana?

and much, much more! Overall Rating. CySEC, FSA, FCA, FSCA, FSC, and the Central Bank of Curaçao and Sint Maarten. MetaTrader 4, MetaTrader 5. Open a Real Account. USD ASIC, FSA, CBI, BVI,FSCA,FRSA,CYCES, ISA, JFSA. MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central. USD 0. FSCA, SCB. Meta Trader 4. Open a Trading Account. CySec, ASIC, FCA, BVI FSC, FSCA. MetaTrader 4 MetaTrader 5 Markets. com propietary platform. MT4, MT5. Very Low. ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA.

MetaTrader 4, MetaTrader 5 and cTrader, TradingView. MetaTrader 4 and MetaTrader 5. com 4 ActivTrades 5 TradeStation Global What makes a good online broker Bottom Line. Top 5 picks for best international online brokers in Ghana in Interactive Brokers is the best international online brokers in Ghana in XTB takes second place. Free and fast deposit and withdrawal. Easy and fast account opening. com rounds out the top three. Low forex CFD fees and commission-free real stocks.

Great account opening experience. Excellent email and chat support. ActivTrades is numero quattro. Excellent account opening. Free deposit and withdrawal. TradeStation Global just made it to the list in fifth place. Low stock and ETF fees. Fast customer service. Best international online broker in Ghana in Broker Info Score Minmum deposit 1 Interactive Brokers International broker providing all asset classes 4. com Global CFD broker 4.

Find My Broker. Intro and winners. Last visited articles. Lost finding a broker? First name. Email address. Sign me up. com Fees. You can use both Interactive Brokers's and TradeStation's own desktop platform. TradeStation Global charges its own fees, and offers its own customer support and educational tools. Are these brokers reliable? How did BrokerChooser pick the best online brokers?

The 5 most important criteria for best international online brokers in 1. Fees Trading fees for a given stock trade can be 50 times higher at one online broker compared to another. The brokers listed here all have low fees. Deposit and withdrawal At some online brokers, funding and withdrawing funds can take much longer and be much more expensive than at others. Trading platform A user-friendly and well-equipped trading platform can significantly increase your trading comfort.

Account opening Some online brokers require a minimum deposit to start investing while others don't ask for a fix first-time deposit. Check these requirements before opening an account. Markets and products Want to invest in Japanese stocks or trade Bitcoin? They are not be available at each broker. We selected brokers with a wide range of products so you can trade many asset types.

Here are the best international online brokers in for residents in Ghana: Best international online brokers for residents in Ghana Interactive Brokers XTB Capital. com ActivTrades TradeStation Global Overall score 4.

Author of this article. Author of this article Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets.

He concluded thousands of trades as a commodity trader and equity portfolio manager. Gergely Korpos Co-founder, CPO. Gergely is the co-founder and CPO of BrokerChooser. Find my broker. Visit Interactive Brokers. Visit Capital. com Visit TradeStation Global. About Who we are For Businesses Our Methodology Our Team News Careers Contact Data dashboard. Discover Best brokers Find my broker Education Compare brokers Broker reviews Compare digital banks Digital bank reviews Robo-advisor reviews.

Written by Steven Hatzakis Edited by John Bringans Fact-checked by Joey Shadeck. Ghana, home to one of the largest populations on the African continent, is actually located at the center of the Earth. What we mean to say, is that of all the countries in the world, Ghana resides closest to the intersection of 0 degrees longitude and 0 degrees latitude though the actual 0°N 0°E point is located in the Atlantic ocean, in the Gulf of Guinea.

More practically speaking, Ghana is located in Western Africa along the Gulf of Guinea. Here at BrokerNotes, we conducted extensive research and data collection on forex brokers, local regulatory agencies and stock exchanges, and Ghanian monetary policy to create this guide to help you pick the best forex broker for trading in Ghana.

Whether you are an active trader with deep forex experience, or a beginner who is just getting their start in the forex world, choosing a well-regulated forex broker is crucial if you want to steer clear of forex scams.

Not all regulatory licenses carry the same weight, however, and regulatory environments can vary widely from country to country. Our Trust Score, a proprietary algorithm, ranks regulatory agencies and their respective countries into three groups, with Tier 1 indicating the most stringent which is good and Tier 3 the least. Learn more about Trust Score at our sister site, ForexBrokers. Regulation of the Ghana Stock Exchange exists in the form of the Securities and Exchange Commission SEC in Ghana , which is responsible for monitoring and safeguarding the securities trading markets.

The Bank of Ghana acts as the primary financial regulator in Ghana and is responsible for overseeing forex and contract for difference CFD trading activities and financial institutions, including broker dealers. The Bank of Ghana regulates the banking and credit sectors and is responsible for overseeing the stability of the overall financial system.

To help you find the best forex brokers, we curated a list of every broker that accepts new clients from Ghana. We conducted meticulous research on those brokers, using over data-driven variables including our proprietary Trust Score , resulting in this list of the overall best brokers in Ghana:. The primary stock market in Ghana is the Ghana Stock Exchange GSE , based in Accra. Recognized in Ghana as an authorized Stock Exchange in , and officially launched in , the exchange is a member of the African Securities Exchanges Association ASEA.

As of , the GSE is a public company limited by guarantee. The financial markets in the Republic of Ghana include are relatively small, consisting of a bond, equity, forex, and derivatives market. The Foreign Exchange Act of Act allows local and foreign investors the ability to participate in various investment schemes using local and foreign currency when investing in the capital markets and local stock exchange in Ghana.

That said, the regulations in Ghana, including the Securities Industry Act of Act , appear to pertain more to the use of physical currencies, rather than trading forex for speculative reasons such as when using a derivative, CFD, or spot contract. The SEC in Ghana regulates broker dealers and financial institutions.

While there are a number of brokers that are regulated in other countries that accept Ghanaian residents, it is currently unclear whether the SEC has any objections when residents use a broker that is not regulated locally.

Residents of Ghana are obligated to pay taxes in Ghana, while non-residents are obligated to pay taxes in their country of residence. It is always best to consult with your accountant for tax issues related to your unique circumstances and your country of residence. These practical steps for getting started with forex trading in Ghana are applicable regardless of your experience level, or your forex trading goals.

This is not intended to be an exhaustive list of forex first steps, but should be just enough to help get you started. We assess dozens of the most prominent brokers in foreign exchange, employing a proprietary methodology based on over data-driven variables across a wide range of categories including overall trust. Using these rankings, we evaluated the brokers that accept clients from Ghana, resulting in this list of the best forex brokers in Ghana in IG is the best broker for beginner forex traders in Ghana in IG delivers an excellent selection of educational materials and resources for residents of Ghana who are just getting started with forex and CFD trading, including learning courses and easy-to-use trading platforms.

IG also offers an app exclusively dedicated to education as part of its IG Academy, along with an extensive array of resources curated from its IG Community forum. There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more. Steven Hatzakis is the Global Director of Research for BrokerNotes. co and ForexBrokers. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.

as a Commodity Trading Advisor CTA. John Bringans is the Senior Editor of BrokerNotes. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.

He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

co is committed to the highest ethical standards and reviews services independently. Learn How We Make Money. Home Global Trading. Published May 09, Last modified August 17, Overall Rating 9. Minimum Initial Deposit £ Trust Score Trust Score is a numerical rating from 1 - 99 that represents a broker's overall trust.

Trust Score Low Risk. Saxo Bank. Interactive Brokers. TD Ameritrade. Overall Rating 8. Admiral Markets. IC Markets. Steven Hatzakis Steven Hatzakis is the Global Director of Research for BrokerNotes. John Bringans John Bringans is the Senior Editor of BrokerNotes. Joey Shadeck Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.

Axi is currently one of the top-rated platforms, ranked 17 out of with a rating of 8. com ». We also contacted the cutomer support to see how the team solved the problems we had encountered. Recommended for investors and cfd traders looking for a great trading platform and excellent customer service. Click here to visit FiboGroup ».

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