According to the Agency for Financial Supervision , many fell for their trick due to the drop in incomes of the population because of the pandemic and the desire to quickly earn extra money. Forex brokers supposedly assist traders to conclude transactions on the currency exchange. However, their activities are unregulated in the country. Also, unlicensed intermediaries accumulate investments for management.
The report note:. Two years ago, residents of Almaty brought everything they could to scam brokers in exchange for promises to increase their fortune. In relation to one such case, according to an official representative of the Almaty Police Department, by order of the head of this Department, a special investigative and operational group was created.
The director of the Agency for Financial Supervision of the Republic of Kazakhstan has strongly advised Kazakhstanis on how to avoid falling victims to scam brokers. Citizens should, first of all, check in publicly available sources of information whether a given company has a license. The investor should study the registration documents and the financial condition of the company.
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Most brokers offer all asset types, while some offer a selected range asset type. Offers Mobile Trading — Every Kazakhstani forex trader needs to have access to the inter-bank market irrespective of which device they own. This is why brokers make available mobile apps for android and ios, desktop, and web apps for traders.
This makes trading seamless and less stressful. Also, the payment option needs to provide the lowest fees and fast in processing payments. This helps you gain confidence in the platform and helps you resolve any issues that might come up during trading. Below is the list of all the best brokers that accept Kazakhstani traders.
XM Broker 9. Trade: 0. Leverage: Lowest Spreads: 0. HotForex Broker 9. IC Markets Broker 9. Leverage: Lowest Spreads: 1. Olymp Trade Broker 8. FXTM Broker 8. ExpertOption Broker 8. Alpari Broker 9. OctaFX Broker 8. Best Forex Brokers In kazakhstan Top Best forex brokers in Kazakhstan video. XM Broker. Trading Experience 9. Customer Support 9.
Mobile Trading 9. Asset Coverage 9. Fees 9. Security 9. Click here to visit XM Group ». Click here to visit JustForex ». Click here to visit FBS ». Click here to visit Deriv ». Click here to visit Alpari ». Click here to visit HFM ». IQ Option. Click here to visit admirals ». Click here to visit XTB ». Click here to visit FxPro ». Click here to visit FXOpen ». Click here to visit AvaTrade ». Click here to visit Tickmill ». Click here to visit IronFX ».
Click here to visit Pepperstone ». FX Choice. Click here to visit FX Choice ». Click here to visit Tifia ». Click here to visit NordFX ». Click here to visit FxGlory ». BlackBull Markets. Click here to visit BlackBull Markets ». Click here to visit FXTM ». Click here to visit Trading ». Click here to visit LMFX ». Click here to visit FiboGroup ».
Click here to visit Oanda ». Click here to visit SuperForex ». Click here to visit TradersWay ». Click here to visit Axi ». Click here to visit Forex. Click here to visit HYCM ». Click here to visit Weltrade ». Click here to visit GrandCapital ». FP Markets. Click here to visit FP Markets ». Click here to visit FXCM ». Click here to visit SimpleFX ».
Click here to visit ForexChief ». Click here to visit EagleFX ». Click here to visit ForexMart ». Click here to visit Eightcap ». Click here to visit Land-FX ». IFC Markets. Click here to visit IFC Markets ». Click here to visit ThinkMarkets ».
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