Best Brokers in Morocco

The Ultimate Guide to

Choosing a Broker
For Morocco

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

• Why scored high for morocco (Jump to section)
• Who is (and isn’t) suitable for (Jump to section)
• An in-depth feature comparison of the top #3 brokers (Jump to section)
• An overview on morocco (Jump to section)

Ready?

Part 1

What is the Best Trading Platform
for Morocco?

scored best in our review of the top brokers for morocco, which takes into account 120+ factors across eight categories. Here's the full list of all the brokers we considered.

The following brokers allow morocco on their platform:

Here are some areas where scored highly in:

offers one way to trade: . If you wanted to trade EURUSD through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being established for over years, and much more. For comparison:

Trust Score comparsion

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

To trade with , you'll need a minimum deposit of $. offers a range of different account types for different traders including a .

offer a wide range of instruments to trade including and many other asset classes. In the following section we’ve listed ’s spreads for a range of popular instruments. You can also see a more detailed breakdown of how ’s spreads compare in this review

Finally, isn't available in the following countries: . They do not offer islamic accounts either.

Part 3

A Comparison of vs. vs.

Want to see how stacks up against and ? We've compared their spreads, features, and key information below.

Spread & fee comparsion

Comparison of account & trading features

Part 4

AvaTrade

www.avatrade.sa.com

AvaTrade are globally recognised and well-established in the provision of trading services, with a large base of over 200,000 registered clients worldwide. Their services can be accessed throughout Europe and in many other jurisdictions around the world, with over 15 different languages supported through their websites. Arabic is just one of the supported languages, making AvaTrade suitable for traders from Morocco. Customer helplines are available in the region in Nigeria and South Africa. AVA Trade Ltd is the internationally regulated entity, with authorisation from the BVI Financial Services Commission. Subsidiary companies are also regulated and supervised in Australia, Europe, and Japan.

AvaTrade’s platforms include AvaTradeAct, which is AvaTrade’s own platform and offers clients access to over 250 financial instruments across many different markets. Users can trade contracts for difference (CFDs), bonds, Exchange-Traded Funds (ETFs), stocks and more. Forex trading is also available for customers via the MetaTrader 4 platform. All of AvaTrade’s platforms can be accessed via web-based browsers or can be downloaded as apps for mobiles and tablets. SharpTrader is an education platform provided in 8 different languages by AvaTrade, and is a central hub for their educational tools and information.

A noteworthy feature of the AvaTrade offering is their Islamic account, which caters to the restrictions placed by the Islamic faith. Interest-based business is not permitted so interest-free Islamic accounts are necessary for Muslim countries such as Morocco.

The company also provide a risk-free demo account which can be used by traders to familiarise themselves with the platform and trading techniques. No deposit is required to open a demo account, whereas a minimum deposit amount of US$100 is required for live accounts. This is increased to US$500 when depositing using a wire transfer. PayPal, Neteller and Skrill are also amongst the accepted payment methods in Morocco.

XTB

www.xtb.com/fr

X-Trade Brokers were formed in Poland in 2002 where they pioneered leveraged FX trading. They were soon opening offices around Europe, and now have offices in 13 different countries around the world. Some of their main offices include the UK, Germany, France, Spain, and Belize. The international offering from what is today known as XTB is headquartered in Belize, and regulated by the International Financial Services Commission (IFSC). They are also regulated in various jurisdictions around the world, by top regulators such as the Financial Conduct Authority (FCA), the German Federal Financial Supervisory Authority (BaFin), Komisja Nadzoru Finansowego (KNF) in Poland and the Romania National Securities Commission. As such, XTB are required to adhere to the stringent regulatory regimes imposed by these supervisory authorities, which includes the requirement to segregate client money from their own funds to ensure that it is not available to be accessed by third parties.

XTB offer access to over 1500 markets from around the world. Just some of the most popular instruments include currency pairs such as GBP/USD, indices which can be traded as contracts for difference (CFDs) such as the UK100 and US500, and CFDs on commodities, such as gold and natural gas.

Clients are offered one of the most powerful trading platforms on the market when they take an account with XTB. Their xStation 5 proprietary trading software allows trades to be executed on average within 85 milliseconds. It also comes equipped with advanced features such as a trader’s calculator, charts trading, performance statistics, market depth, and much more. Clients can also opt for the industry standard MetaTrader 4, which is favoured by many traders from around the world.

Traders from Morocco can access a French-language version of the website, which is a language widely spoken in the country. The account can be opened in Euros, US dollars, or GBP, and deposits can be made via bank transfer, credit/debit card or popular e-payment methods such as PayPal and Neteller.