Best Forex Brokers Oman 2022

Written by Marcus Taylor

September 08, 2022

Here are the best forex brokers accepting residents of Oman as clients.

• IG
  - 9.7/10 Overall
• FOREX.com
  - 8.7/10 Overall
• XTB - 8.7/10 Overall
• AvaTrade - 8.2/10 Overall
• Admiral Markets - 8.1/10 Overall
• IC Markets - 8/10 Overall
• Markets.com - 8.1/10 Overall
• XM Group - 8/10 Overall
• Tickmill - 7.8/10 Overall
• HYCM (Henyep) - 7.7/10 Overall
• HFM - 7.6/10 Overall
• Eightcap - 7.2/10 Overall
• ThinkMarkets - 7.3/10 Overall
• BlackBull Markets - 7/10 Overall
• easyMarkets - 7.3/10 Overall

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IG

Overall Rating

9.7 / 10

Minimum Initial Deposit

£250.00

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.86 (September 2022)
All-in Cost EUR/USD - Active	0.5957 (September 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1974
Publicly Traded (Listed)	Yes
Bank	Yes
Tier-1 Licenses	7
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	19537
Forex Pairs (Total)	100
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	33

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

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(73% of retail CFD accounts lose money)

FOREX.com

Overall Rating

8.7 / 10

Minimum Initial Deposit

$100

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.0 (July 2022)
All-in Cost EUR/USD - Active	1.0 (July 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	5500
Forex Pairs (Total)	91
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	203

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

XTB

Overall Rating

8.7 / 10

Minimum Initial Deposit

$0

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.07 (Q3 2022)
All-in Cost EUR/USD - Active	1.04 (Q3 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2002
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	12000
Forex Pairs (Total)	49
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	No
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	39

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

AvaTrade

Overall Rating

8.2 / 10

Minimum Initial Deposit

$100

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Highly Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.91 (Aug 2020)
All-in Cost EUR/USD - Active	0.61 (Aug 2020)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2006
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1260
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	90

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Admiral Markets

Overall Rating

8.1 / 10

Minimum Initial Deposit

$100

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.8 (July 2021)
All-in Cost EUR/USD - Active	0.7 (July 2021)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2001
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	8425
Forex Pairs (Total)	50
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

IC Markets

Overall Rating

8 / 10

Minimum Initial Deposit

$200

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.62 (August 2021)
All-in Cost EUR/USD - Active	0.62 (August 2021)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2007
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3583
Forex Pairs (Total)	61
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Markets.com

Overall Rating

8.1 / 10

Minimum Initial Deposit

$100

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

98

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.9 (as of Oct 2019)
All-in Cost EUR/USD - Active	1.9 (as of May 2019)
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	No
Tradeable Symbols (Total)	2179
Forex Pairs (Total)	57
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	89

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	No
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

XM Group

Overall Rating

8 / 10

Minimum Initial Deposit

$5

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.6 (Aug 2020)
All-in Cost EUR/USD - Active	0.8 (Aug 2021)
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2009
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1372
Forex Pairs (Total)	57
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Tickmill

Overall Rating

7.8 / 10

Minimum Initial Deposit

$100

Trust Score

Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close

Trusted

Trust Score

Low Risk

• Cost & Funding
• Regulation
• Investment Options
• Trading Platforms
• Apps & Tools

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.51 (August 2022)
All-in Cost EUR/USD - Active	0.31 (August 2022)
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2014
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading	No
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	295
Forex Pairs (Total)	62
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	No
Social Trading / Copy Trading	Yes
Charting - Indicators / Studies (Total)	30

Apps & Toolsexpand_moreexpand_less

Android App	Yes
Apple iOS App	Yes
Has Education - Forex or CFDs	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Here are some additional brokers worth checking out.

Avatrade

AvaTrade is an online international Forex and CFD broker, with their head office located in Dublin. They have a range of digital platforms that offer the facilities for traders to access a vast range of markets. Some of the financial instruments available to trade include stocks, commodities, indices, equities, Exchange Traded Funds (ETFs), bonds, and cryptocurrencies. The instruments can be accessed as contracts for difference (CFDs), which allow traders to take both long and short positions, depending on which way they believe the market will move. With these products, traders are not restricted to bull markets.

AvaTrade have a global presence in 150 countries. Their financial conduct is governed by several regulatory bodies from around the jurisdictions that they provide their trading services in. These ensure high standards when it comes to the fair treatment of clients, their client money deposits, and the protection of their personal information. AvaTrade EU Ltd. is a subsidiary company based in the Middle East. They are regulated by the CBI (Central Bank of Ireland), with permission to provide their services for trading a range of financial instruments.

AvaTrade offers trading solutions to fit their clients’ needs, which includes a range of trading platforms, such as AvaTradeAct, the industry-wide recognized MetaTrader 4, and a variety of automated trading solutions. The company has received numerous awards for its innovative broker services.

AvaTrade place a strong emphasis on empowering their clients by offering a trading experience that takes into account their level of ability. A dedicated customer service helpline and website are available to clients from Omar in the Arabic language.

XTB

The XTB Group have spread from its initial base in Poland, which was established in 2002, to the rest of Europe, and around the world. Clients from Oman have access to an international website, which is offered in English – a widely spoken language in Oman – by the subsidiary XTB International Limited (XTB). The head office for the international branch is based in Belize and as such, is authorized and regulated by the International Financial Services Commission (IFSC).

They offer a wealth of information through their website and educational programs, including detailed market trends information. The website also provides information about the numerous markets that XTB clients are able to trade on and the different types of account available.

Customers from Oman can open a standard trading account or a Pro Trading Account. Both types of account can be funded by bank transfer, credit or debit card, or even Neteller / PayPal. One of the main differences between the two accounts is the spreads: floating spreads are offered in the former, and market spreads in the latter.

XTB offer deep liquidity and as their platform provides execution on a no dealing desk basis, no requotes are offered, which can be seen as a significant benefit for many trading strategies.

The XTB platform, xStation 5, utilizes state-of-the-art technology, making it one of the most powerful trading platforms offered on the market. Trade execution can be within 85 milliseconds, and many other advanced features are provided with the platform, including charting analysis capabilities, and market depth information. Clients who prefer to use the industry standard, MetaTrader 4, are provided with an enhanced version, which also executes trades at ultrafast speeds.

XTB’s client-centered approach and tireless dedication has turned many industry heads, attracting several awards and an increasing client base year on year.

BrokerNotes.co 2022 Overall Rankings

To recap, here are our top forex brokers accepting residents of Oman as clients for 2022, sorted by Overall ranking.

Company	Accepts OM Residents	Overall Rating	Minimum Initial Deposit	Average Spread EUR/USD - Standard	Trust Score	Trust Score	Tradeable Symbols (Total)	Visit Site
IG	check	9.7	£250.00	0.86 (September 2022)	99	Highly Trusted	19537	Visit Site
Saxo Bank	check	9.5	€2,000	0.9 (September 2022)	99	Highly Trusted	60000
CMC Markets	check	9.4	$0	0.51 (August 2022)	99	Highly Trusted	12377
Interactive Brokers	check	9.2	$0	0.6 (Aug 2022)	99	Highly Trusted	8500
TD Ameritrade	check	8.9	$0	1.25 pips (September 2022)	99	Highly Trusted	0
FOREX.com	check	8.7	$100	1.0 (July 2022)	99	Highly Trusted	5500	Visit Site
XTB	check	8.7	$0	1.07 (Q3 2022)	95	Highly Trusted	12000
City Index	check	8.7	£100.00	1.0 (July 2022)	99	Highly Trusted	13500
eToro	check	8.6	$10-$10,000	1 (August 2021)	93	Highly Trusted	3458
Swissquote	check	8.5	$1000	N/A	99	Highly Trusted	466
AvaTrade	check	8.2	$100	0.91 (Aug 2020)	93	Highly Trusted	1260
Plus500	check	8.2	€100	0.6 (as of Aug 2018)	98	Highly Trusted	2800
FXCM	check	8.3	Starts from $50	1.38 (Q2 2022)	96	Highly Trusted	441
Admiral Markets	check	8.1	$100	0.8 (July 2021)	87	Trusted	8425
FP Markets	check	8.3	$100 AUD	1.2 (August 2022)	86	Trusted	9956
IC Markets	check	8	$200	0.62 (August 2021)	86	Trusted	3583
OANDA	check	8	$0	1.26 (5/22-5/27/22)	92	Highly Trusted	124
Capital.com	check	8.1	$20	0.6 (July 2021)	77	Average Risk	6000
Markets.com	check	8.1	$100	1.9 (as of Oct 2019)	98	98	2179
XM Group	check	8	$5	1.6 (Aug 2020)	90	Trusted	1372
Pepperstone	check	8	$200	0.77 (September 2022)	93	Highly Trusted	1200
FxPro	check	8	$100	1.51 (August 2020)	90	Highly Trusted	2249
Tickmill	check	7.8	$100	0.51 (August 2022)	82	Trusted	295
HYCM (Henyep)	check	7.7	$100	0.6 (Sept 2021)	86	Trusted	245
DooPrime	check	7.7	$100	-1	84	Average Risk	10000
Fineco Bank	check	7.7	$0	N/A	92	Highly Trusted	126
HFM	check	7.6	$5	1.2 (August 2021)	85	Trusted	3500
BDSwiss	check	7.6	$100-$5000 (depending on account type)	1.6 (08/10/22)	83	Trusted	1081
Vantage	check	7.4	$50	1.22 (August 2021)	83	Trusted	257
Trading 212	check	7.4	EUR 10	N/A	77	Average Risk	1785
Moneta Markets	check	7.3	$50	1.27 (September 2022)	71	Trusted	965
Trade Nation	check	7.1	$0	0.6	83	Trusted	601
ACY Securities	check	7.2	$50	1.2 (Sept 2021)	75	Average Risk	1600
Eightcap	check	7.2	$100	N/A	87	Trusted	326
ThinkMarkets	check	7.3	$250.00	N/A	86	Trusted	1674
BlackBull Markets	check	7	$0	0.827 (August 2022)	74	Average Risk	26000
VT Markets	check	7.2	$200	1.2 (September 2021)	71	Trusted	168
easyMarkets	check	7.3	$100	0.9 (as of Mar 2020)	84	Trusted	199
TMGM	check	7	$100	0.96 (July 2021)	79	Average Risk	12000
Exness	check	7.2	$1	0.9 (as of May 19)	74	Average Risk	112
Spreadex	check	7.2	$0	-1	70	Average Risk	2000
IronFX	check	7.1	$50	1.2	84	Trusted	340
RoboForex (RoboMarkets)	check	7.1	$100	1.4 (Jan 2022)	69	High Risk	12000
Trade360	check	7	$250	N/A	75	Average Risk	1062
AxiTrader	check	7	0	N/A	83	Trusted	175
GKFX	check	7	$0	N/A	66	High Risk	354
Vestle	check	7	-1	-1	79	Average Risk	750
TeleTrade	check	7	$100	-1	67	High Risk	500
FXOpen	check	7	$100	N/A	80	Trusted	87
OctaFX	check	6.8	$25	0.6 (August 2021)	67	High Risk	80
Forex4you	check	6.9	$0	-1	62	High Risk	150
LegacyFX	check	6.8	$500	0	75	Average Risk	425
FXPrimus	check	6.8	$100	N/A	69	High Risk	140
Alpari	check	6.8	$20	N/A	67	High Risk	105
GBE brokers	check	6.7	$500	-1	69	High Risk	500
TopFX	check	6.5	Depends on payment method	N/A	67	High Risk	655
ATFX	check	6.6	$500	-1	70	Average Risk	150
UFX	check	6.5	$100	3 (Jan 2021)	67	High Risk	619
Libertex (Forex Club)	check	6.5	$10	-1	72	High Risk	300
Xtrade	check	6.5	$250	-1	80	Trusted	142
Tradeo	check	6.4	$200	-1	67	High Risk	256

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Forex Risk Disclaimer

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 about foreign exchange risk.

About the Author

Marcus Taylor

BrokerNotes was founded in 2014 by Marcus Taylor, founder and CEO of Venture Harbor, a venture studio in Oxford that develops innovative online tools & technology across a range of sectors.