Sudan, which is best known for its abundant oil resources, has a growing population of participating Forex traders.

Currency (Forex) trading is legal in Sudan as currency exchange is necessary to conduct business. Despite this, however, there are currently no locally licensed Forex brokers operating in the country.

This article reviews the top 5 globally licensed forex brokers and trading platforms that are available for traders from Sudan.

1. Exness

Insight

In total, Exness provides traders with five distinct types of trading accounts and is one of the best Forex brokers in Sudan.

In addition to the Standard, the Standard Cent is also part of the Standard Account family. Raw Spread, Pro, and Zero accounts are our three most advanced plans for its professional users.

There are a variety of account types to choose from, including a demo account and a swap-free Islamic account.

Read the full Exness review.

Advantages and disadvantages

ADVANTAGES THE INCONVENIENTS
Well regulated
Tight spreads
Over 130 currency pairs

Features

Characteristic Information
Regulation CySEC, FCA
Minimum deposit from $1
Average spread of 1.3 dots
Commissions of 3 USD and 10 USD for 1 lot for CFDs
Deposit/withdrawal fees None
Maximum leverage 1:2000
Bonuses +10% Standard Bonus Program
Customer service 24/5 – multilingual

2.AvaTrade

Insight

AvaTrade was established in 2006 and is a Forex, CFD, Spread Bet and Social Trade broker. Over 250 assets, 30 advanced charting tools, trading history and other resources are available to traders using MetaTrader 4 in all markets.

Read the full AvaTrade review

Advantages and disadvantages

ADVANTAGES THE INCONVENIENTS
Wide range of negotiable instruments High EURUSD and inactivity fees
MetaTrader 4 and 5 available
Excellent teaching resources

Features

Characteristic Information
Regulation Central Bank of Ireland, MiFID, ASiC, BVI
Minimum deposit from $100
Average spread of 0.9 pips
Commissions of No commission on Forex
Deposit/withdrawal fees None
Maximum leverage 1:400
Bonuses First deposit bonus
Customer service 24/5 – multilingual

3.XM

Insight

XM serves clients in over 196 countries and provides service in 30 different languages, making it one of the best Forex brokers in Sudan. CySEC is the governing body of the main office, located in Cyprus. Due to the wide selection of trading items, XM has over 1.5 million customers.

Micro Accounts, Standard Accounts, XM Ultra Low Accounts, and Stock Accounts are the four main account options.

Advantages and disadvantages

Advantages

Low minimum deposit

A complete educational offer

Simplified account opening process

The inconvenients

Inactivity fee charged after 90 days on live accounts

Limited product portfolio

Features

Characteristic Information
Regulation IFSC, ASIC, CySEC, FCA and DFSA
Minimum deposit from $5
Average spread of 0.1 pips
Commissions of $3.5 commission per $100,000 traded
Deposit/withdrawal fees None
Maximum leverage 1h30
Bonuses $30 trading bonus
Customer service 24/5

4. HF Markets

Insight

With the HF Markets MT5 terminal, traders have access to 21 different timeframes, advanced analytical tools, trading on all HotForex asset classes, nearly 100 charts at once, hedging, trading in one click, to more than 80 technical indicators and an integrated economic calendar.

Read the full review of HF markets.

Advantages and disadvantages

Advantages

No deposit or withdrawal fees

Competitive spreads

The inconvenients

High Commission Fees on Zero Account

Features

Characteristic Information
Regulation CySEC, DFSA, FCA, FSA, FSCA
Minimum deposit from $5
Average spread of 0.0 pips
Commissions of $0.03 per 1K lot.
Deposit/withdrawal fees None
Maximum leverage 1:1000
Bonuses 100% Boosted Bonus
Customer service 24/5

5.FXPro

Insight

Founded in 2006, FXPro is a full-service online broker that facilitates trading in foreign exchange (FX), trading stocks (stock exchange), futures (CFDs), spot indices (currency indices) cash), spot metals (spot metals) and the spot market. Energies (point energies).

A minimum deposit of $100 is required to open an account with FXPro, giving traders access to top-tier liquidity and advanced trade execution without interference from the office.

Advantages and disadvantages

ADVANTAGES THE INCONVENIENTS
Wide choice of market instruments
Client funds stored in separate accounts

Low trading fees

Features

Characteristic Information
Regulation FCA, CySEC, FSCA
Minimum deposit from $100
Average spread of 1.7 pips
Commissions of $45 per million USD traded.
Deposit/withdrawal fees 1.6% for debit and credit cards
Maximum leverage 1:500
Bonuses None
Customer service 24/5

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