📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

16 Best Forex Brokers in Vatican City

16 Best Forex Brokers in Vatican City

 

Best-Forex-Brokers-in-Vatican-City

 

Finding the list of the Best Forex Brokers in Vatican City and worldwide can be a difficult process, especially finding a list of trustworthy brokers who accept Vatican traders and who allow these traders to invest in their currency, the Euro(€).

Vatican City is the Holy See’s independent city-state enclaved within RomeItaly with an economy mainly based on the sale of stamps, coins, medals and tourist mementos, fees for admission to museums, and through publications sales.

 

Here are our 10 Best Handpicked Forex Brokers in Vatican City

 

Traders can make their choice of Broker from a list of Globally Regulated Forex Brokers who accept local investors.

Here is an overview of the 16 Best Forex Brokers and Trading Platforms available.

 

IQ Option broker review

 

IQ Option

 

IQ Option is a forex & binary options broker with offices based in the UK, Cyprus, and Seychelles, and regulated by the FCA and CySECIQ Option offers traders three trading account to choose from, Retail, Professional, and Demo.

IQ Option offers the following underlying assets for FX trading.

 

90+ Currency Pairs Based on major and minor world currencies.
17 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Zcash, Qtum, Cardano, OmiseGo, Stellar, EOS, IOTA, NEO, NEM, TRON.
5 Indices CFDs Based on baskets of different blue-chip stocks.
3 Metal CFDs Based on Gold, Silver, and Platinum.
2 Energy CFDs Based on Crude Oil (WTI, Brent).
1 Soft CFD Based on Wheat.
130+ Stock CFDs Based on shares of US, UK, and EU companies.
28+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

 

IQ Option offers the following underlying assets for Binary Options trading (unfortunately, not available for EU residents).

 

30+ Currency Pairs Based on major and minor world currencies.
2 Indices BOs Based on DFMGI, TelAviv-25.
2 Metal BOs Based on Gold and Silver.
20+ Stock BOs Based on shares of US companies.

 

Payment methods accepted include all the usual options like VISA, MasterCard, Skrill, and Neteller, plus a range of other online money transfer services, including AstroPay, Qiwi, and WebMoney.  IQ Option’s trading platform is web-based and supports both binary options and forex & CFD trading within the same user interface.

Customer support is available 24/7 via email and local phone numbers in 13 countries.

 

XM Broker Review

 

XM

 

Leverage:                            1:30 to 1:888 *Depends on the entity of the group

Regulation:                         CySEC, ASIC, IFSC

Min. Deposit:                    USUS Dollar 5

HQ:                                        Cyprus, Australia, Belize

Platforms:                           MT4, MT5, XM WebTrader

Founded in:                        2009

 

XM operates with clients from over 196 countries and offers support in 30 languages. The main branch located in Cyprus is regulated by CySEC.  1.5 Million Traders and investors choose XM and their wide range of XM trading products on offer.  Four main account types are on offer – Micro, Standard, XM Ultra-Low Account, and Shares Accounts.  Traders can select the base currency of their preference from a large selection on offer. This range includes South African Rand (ZAR), Singapore Dollar (SGD), and other global currencies.

Customer Support is available via live chat, email, and phone.

 

Instaforex Broker Review

 

Instaforex

 

InstaForex is a global online brokerage that is registered and regulated in several offshore jurisdictions around the world, including the EU jurisdiction of Cyprus. Trading instruments on offer include more than 110 currency pairs, CFDs based on the stocks of more than 90 American companies, 5 cryptocurrency pairs, commodities, and stock indices CFDs.

 

Account types on offer include:

  • Standard
  • Erica
  • Standard
  • Erica

 

Customer service is available 24 hours a day, with local phone numbers for nine countries, as well as through popular apps like Telegram, WhatsApp, Skype, and other channels.

 

OctaFX broker review

 

OctaFX

 

OctaFX is an online broker that was founded in 2011, offering Forex trading.  As OctaFX is regulated by the Financial Conduct Authority (FCA), each new client must pass a few basic compliance checks when signing up for an account.

OctaFX has won numerous industry awards over the course of 9 years and is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.

 

OctaFX Trading benefits:

 

OctaFX Trading Accounts Offered:

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • STP account
  • Islamic account

 

OctaFX provides an array of educational tools to assist beginner traders to become more experienced and even professionals in trading.  Customer Support is available 24/5 via Live Chat, Email, Phone, WhatsApp, and an Enquiry Form across multiple languages including English, Indonesian, Hindi, Chinese and more.

 

avatrade Broker review

 

AvaTrade

 

AvaTrade is an online broker founded in 2006 offering Forex trading, CFDs trading, Spread Betting trading, and Social Trading.

 

  • Regulated by: Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
  • Headquarters: The British Virgin Islands
  • Foundation year:2006
  • Used: by over 200,000 traders

 

Across all markets, MetaTrader 4 gives traders access to over 250 assets, 30 advanced charting tools, trading history, and other useful information.  Customer support is available by email, phone, or live chat.

 

You might also like: BEST FOREX BROKERS IN MONACO

 

FXPRO Broker Review

 

FXPro

 

FXPro is an online broker that was founded in 2006 and offers Forex, Share Dealing, Spot Indices, Futures, Spot Metals, and Spot Energies trading.  FXPro is a global broker with a head office located in the UK. FxPro is regulated by CySEC and operates under the CIF license number 078/07. As a CySEC regulated brokerFxPro is also a member of the Investor Compensation Fund scheme.

FXPro provides traders with access to top-tier liquidity and advanced trade execution with no dealing desk intervention and a starting account will need a minimum deposit of US Dollar 100.

 

What can be traded with FXPro? 

  • Over 250 instruments
  • Over 70 currency pairs

 

FXPro is one of the few brokers in the market that offers both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform and mobile apps for Android and iOS.

 

FXPro Trading benefits include: 

 

With FXPro, the minimum and maximum trade requirements vary depending on the trader and the instrument chosen.

FxPro offers customer support 24 hours a day, 5 days a week via Live Chat, Telephone, and Email in a variety of different languages including English, Spanish, French, Polish, Malay, Arabic, Chinese, Greek, Hungarian, Japanese, Korean, Russian, Thai, Vietnamese, Indonesian and others.

 

Olymp Trade broker review

 

Olymp Trade

 

Olymp Trade is a well-known online trading platform, which offers trader multiple different assets, including binary options. Olymp Trade is regulated by the IFC.  Safety measures and precautions are put first by this platform and it is considered a financial organization that keeps the interests of its clients in mind at all times.

Apart from the demo account, a standard and VIP account is available respectively.  To open a standard account, users only need to make a minimum deposit of £10, and to qualify for a VIP account, users need to deposit at least £2,000.

Traders are also offered access to educational resources and training materialsCustomer Support is available via phone, email, and website.

 

eToro Broker Review

 

eToro

 

eToro is an online broker that was founded in 2006 and offers CFDs and Social Trading, with a head office based in Cyprus, UK.  eToro is supervised by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies and has been in operation for over 14 years.

eToro offers traders two ways to trade: CFDs, Social Trading and eToro traders will need to make a minimum deposit of US Dollar 200 and the platform can accommodate various levels of traders from beginner to expert.  Traders can trade in a wide variety of over 100 instruments and over 50 currency pairs on eToro’s user-friendly custom trading platform which is available as a browser-based web application. eToro also offers traders mobile apps for Android and iOS, making it easier to keep an eye on and execute trades.

eToro trading accounts on offer include Demo, Micro, Mini, Standard, STP, and Islamic.  eToro supports a wide range of languages including English, German, Spanish, French, and Italian.  24/6 customer support is available via telephone and support tickets.

 

Expert Opinion Broker Review

 

Expert Option

 

Expert Option is a binary options broker and is regulated by the Vanuatu Financial Services Commission (VFSC) with license number 15014.   Expert Option is focused exclusively on offering binary options for trading, and traditional CFD & forex trading is not on offer.  Assets on offer include – all major and some minor forex pairs, a selection of 16 popular cryptocurrencies, stocks of US-based companies, as well as gold, silver, and oil.  The trading platform offered by Expert Option is designed specifically for trading in binary options and is web-based.

Accounts on offer include a free demo account, a Basic account, Silver, Gold, and Platinum.  Account funding can be done via a variety of payment methods, including common credit & debit cards, Neteller, Skrill, UnionPay, WeChat Pay, and AliPay. Customer support is available in English 24 hours per day, 7 days per week.

You Might Also Like

 

FXTM Broker Review

 

Forex Time (FXTM)

 

FXTM or ForexTime was founded in 2011 and is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295.  FXTM offers users seven different account types where the execution method, range of markets, available platform, and commissions and fees may vary.  Three accounts are offered under the Standard category.  Forex Time (FXTM) is a MetaTrader broker that offers forex and CFD traders multiple account options for both MT4 and MT5 platforms.

 

FXTM offers traders the opportunity to trade in the following markets:

  • Forex
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc) Please take Note: FXTM offers crypto trading via Exinity Limited, and Instruments on offer are based on traders country of residence.
  • CFDs for Indices and Commodities (FTSE, DAX, Nasdaq, etc)
  • Spot metals (Gold, Silver)
  • Shares CFDs (Apple, BP, Google, etc)

 

FXTM provides research in the form of daily technical and fundamental news analysis provided by an in-house team of analysts.

Customer Service is an available phone, email, online chat options – WhatsApp, live chat, Viber, Telegram, or Messenger.

 

You might also like: BEST FOREX BROKERS IN NORTH KOREA

 

Interactive Brokers Review

 

Interactive Brokers

 

Interactive Brokers was founded in 1978 and is regulated by multiple financial authorities including the UK’s Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

 

Interactive Brokers offers many account types, which fall into two big groups:

  • accounts for individual traders and investors
  • accounts for institutions

 

Traders can choose between two different web trading platforms:  The Client Portal and Webtrader and IBKR Mobile, Interactive Brokers’ mobile trading platform, is available both for iOS and Android.  Users can trade on Stock, Forex, Option, and Futures – to name but a few.

Customer Service is available 24/7 via Live Chat, Phone, and Email.

 

Trading 212 broker review

 

Trading 212

 

Trading 212 is an online broker that was founded in 2006 and offers Stocks trading, Forex trading, Commodities trading, and Indices trading.  Trading 212 is a global broker and has a head office situated in the UK.

 

  • Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
  • Used by over 14,000,000 traders.
  • Trading 212 are the UK’s number one trading and investment app with over 14,000,000 downloads, thus a large userbase but is not available in the following countries: US

 

Trading 212 Trading benefits:

 

Trading 212 Trading Accounts Offered:

  • Invest account
  • ISA account
  • CFD account
  • Demo account

 

Trading 212 offers an outstanding, highly responsive customer service team available 24 hours a day across a variety of platforms and in 16 different languages.

 

FP Markets Broker Review

 

FP Markets

 

Leverage:                            1:500

Regulation:                         ASIC, CySEC

HQ:                                        Australia

Platforms:                           IRESS, MT4, MT5

Found in:                             2005

 

The FP Markets was established in 2005 and serves over 12,000 clients across the globe.  FP Markets connect traders to the market through electronic bridges and DMA pricing models.  FP Markets offers traders access to trade 13,000+ products ranging from ForexIndices, Commodities, Metals, Bitcoin, Cryptocurrencies, Equity CFDs. 

Traders can choose between MT4, MT5, and IRESS platforms as well MAM and PAMM account possibility for money managers.

FP Markets offer two account types with STP and ECN execution models available through MT4 or MT5 platforms. FP Markets also offers three IRESS account types that cover traders who prefer to use this particular software.

Customer Service is available 24/5 via Live Chat.

 

Nord FX Broker Review

 

NordFX

 

NordFX is a forex broker located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC)NordFX offers Forex trading with specific accounts for each type of trader, including Zero accounts which offer spreads from 0 pips, while the Crypto account offers optimal cryptocurrency trading.   Types of trading accounts are –  Fix, Pro, Zero, and Stocks.

Trading instruments on offer ranges from more than 30 currency pairs, the popular precious metals gold & silver, 11 major cryptocurrency pairs, plus CFDs based on Brent oil and stock indices such as Dow Jones 30, S&P 500, DAX 30, NASDAQ 100, and NIKKEI 225.

NordFX offers customer support via Email, Telephone, and a 24/5 Live Chat function plus an Online Contact Form available on their website.

 

OANDA Broker Review

 

OANDA

 

OANDA is a globally regulated Forex and CFD broker that also provides corporate Forex solutions and currency conversion. Users have the choice to trade on Forex, Indices, Metals, Commodities, and Bond CFDs on the broker’s own proprietary trading platform for desktop, web, and mobile, as well as on MetaTrader 4.

 

OANDA is the most Regulated Forex Broker and operates across six of the most credible authorities including:

  • Australia AISC (Australian Securities and Investments Commission)
  • United States CFTD (Commodity Futures Trading Commission)
  • Europe and UK FCA (Financial Conduct Authority)
  • Japan IFFA (Institute Financial Futures Association)
  • Singapore MAS (Monetary Authority Of Singapore)
  • Canada IIROC (Investment Industry Regulatory Organization of Canada)

 

OANDA has 2 accounts on offer: a Standard Account and Premium Account. Each account comes with its own unique features and benefits. A free demo trading account is also on offer.

Customer support is available via a FAQ section, an OANDA Virtual Assistant, and a phone.

 

You might also like: BEST FOREX BROKERS IN SAN MARINO

 

FXPRIMUS Broker Review

 

FXPrimus

 

FXPrimus is an online broker founded in 2009 offering Forex trading, and Social Trading, and is a global broker with a head office in Cyprus.

 

  • Regulated by: Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
  • Used by over 10,000 traders

 

FXPrimus has won numerous industry awards over the 11 years a wide variety of instruments and trading currency pairs.  FXPrimus offers over 125 different instruments to trade, including over 43 currency pairs.

 

Trading Features: Accounts offered: Funding methods:
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Offers STP Mini account Payoneer
Low min deposit Standard account Neteller
ECN account
Managed account
Islamic account

 

Customer Support is available via email, webform, phone, and live chat.

 

Conclusion

There are thousands of Forex brokers around the world, and Vatican City residents can register and trade with each of them. Many Forex brokers may appear similar but there are understated differences that make each broker uniquely suitable for a different type of trader.

 

FAQ’s

 

Is forex trading legal in Vatican City?

Yes, it is

Which is Vatican City’s most used forex broker?

Avatrade

Is forex trading a gamble in Vatican City?

Forex trading anywhere is always a gamble.

How many forex traders are there in Vatican City?

The estimate is around 150 000 monthly forex traders.

Can you make money with forex trading in Vatican City?

75% of all traders lose money*

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

IEXS Minimum Deposit

IEXS has a minimum deposit requirement of only $ 200. This minimum deposit amount is equivalent to ZAR 3,533.16 at the current exchange rate between

FXOpen Fees and Spreads

  FXOpen fees, spread, and commissions start from US Dollar 1.5 with spreads from 0.0 pips. FXOpen has a low and incredibly competitive spread when

Best Forex Trading Apps for Android

Forex trading apps make it easy to trade currencies on the go using a mobile device. In today’s globally interdependent economy, knowledge of the foreign