Oman is one of the fast-growing economies in the middle-income group of countries. A rising number of Oman citizens are showing interest in joining as forex traders over the past few years. The liberalization of rules on access to the Internet has made it easier to access forex trading brokers. We’ll discuss here forex trading in Oman.
Forex Trading in Oman is legal, and Oman residents can freely choose to signup with any forex company they want with various financial instruments, including forex currency pairs, stocks, indices, commodities, any contracts for difference.
List of trading companies in Oman
Top forex brokers in Oman are:
| Forex broker Review | Visit | Promotions |
|---|---|---|
Hotforex | Hotforex |  |
Instaforex | Instaforex |  |
FxPro | FxPro |  |
Avatrade | Avatrade |  |
Dukascopy | Dukascopy |  |
XM.com | XM.com |  |
Easy access to fast Internet
Today, the forex market is available to anyone with a stable Internet connection. To get an account for forex trading is pretty easy. Once you register and fund the account, you can start forex trading in Oman on your computer, smartphone, or tablet.
More opportunities
Today, Omanis find it beneficial to start trading in forex thanks to many currencies, oil pairs, and gold. The trading tools are of high quality. This helps anyone trade with large amounts at low spreads to realize great amounts of profits.
Are there any forex brokers in Oman?
There is no forex broker with an office located in Oman. Yet, many top forex brokers accept applications for forex trading from Oman’s citizens with no conditions. With this, traders in Oman can leverage the best quality trading platforms and accrue the best results from top-rated brokers. To experience the best forex trading in Oman, consider joining with the forex brokers discussed here:
XM.COM Forex Trading Broker in Oman
If you’re planning to start in the forex trade as a beginner, xm.com is the best option. It works as per the regulations of ASIC (Australia) and CySEC (Cyprus). Thus, forex trading the XM is secure. The best thing is quality customer support.
XM offers trade in forex, commodity CFDs, Index CFDs, Metals CFDs. You can get ab Islamic account with the broker and get a bonus on a deposit worth $5,000.
Features
Best for beginners with a low minimum deposit
Instant exposure to world markets
When there is a decline in prices, you can go for short selling
You can participate in future market speculation
Spreads – as low as 0.6
Leverage – 888:1
Compatible with MT4, MT5, WebTrader
ICMarkets Forex Trading Broker in Oman
ICMarkets offers the best forex trade conditions beginning at 0.0 pips, best prices without any restriction. There are no requotes. The trading platform engine is situated in New York. There is a range of proprietary and diverse mix of liquidly makes with spread low 24/5. It’s regulated by ASIC (Australia). You can get leverage up to 1:500.
Features
Low spread 0.1 pip
Round the clock customer support
Execution of order fast (below 40 milliseconds)
You can trade in deep real and diverse forex currencies.
You get 60 products in the forex trade.
Compatible with Mt4, MT5, Window, MAC, Android, iOS, Web Browser
HotForex
HotForex is among the best forex trade brokers. It’s regulated by CySec (Cyprus), DFSA (Dubai), FCA (U.K.), and FSCA (South Africa). You’re completely secure and will make a trade on a firm platform MT4, and execution is super fast. You get protection against a negative balance.
Features
Starting spreads at 0 pips.
You’re protected against negative balance
Maximum leverage 1:1000
You’re entitled to a 100% bonus
Hedging and scalping are permissible
Compatible with MT4
IFC Markets Forex Trading Broker in Oman
IFC is a professional advanced trading platform and has been in the forex business for the last 13 years. It offers customer support services in 18 languages of the world. Besides forex, IFCMarkets deals in bitcoins, futures, CFDs on stocks, CFD on indicators, commodity futures, and precious metals. You can work on MT5, MT4, and NetTradeX platforms.
Features
Low spread (below 0.4)
Immediate execution
Compatible with MT4, MT5 across devices
Regulated by CySEC (Cyprus)
AVATrade Forex Trading Broker in Oman
AVATrade is an advanced forex trade platform. It operates under regulations of entities such as FSA – (Japan), ASIC (Australia), Central Bank of Ireland, and FSCA (South Africa). You will be entrained for leverage up to 400:1. You’ll get training in trade individually. You can quickly withdraw profits when earned. You can trade with the AVATradeGo app at anyplace, anywhere in the world.
Features
Secure thanks to being regulated by multiple regulatory authorities
Low spreads 400:1
Compatible with MT4, Android, and iOs (with the official app)
Join any of these forex brokers. It will help make forex trading in Oman a big deal.
