Which Online Forex Brokers Accept Clients from Ghana

Forex trading in Ghana is growing rapidly, supported by mobile payment adoption, improved internet access, and increasing demand for dollar-based assets. While Ghana’s Securities and Exchange Commission (SEC) does not currently license forex brokers, many internationally regulated brokers legally accept Ghanaian clients and offer tailored deposit methods such as MTN Mobile Money and AirtelTigo.

This article lists the most trusted online forex brokers that accept clients from Ghana, highlighting their regulatory credentials, payment support, platform features, and reputation in the West African region.

What Ghanaian Traders Need in a Forex Broker

Trusted regulation (FCA, CySEC, FSCA, ASIC)
Mobile Money support (MTN, Vodafone, AirtelTigo)
USD or GHS account options
Low deposit entry (≤ $10)
MT4/MT5 compatibility
Localised support or West Africa-focused services

Best Online Forex Brokers Accepting Traders from Ghana

1. Exness

Accepts Ghanaian Clients: Yes
Regulation: FSCA, FCA, CySEC, FSA
Minimum Deposit: $10
Payment Methods: Bank cards, Skrill, Crypto (Mobile Money via intermediaries)
Strengths: Instant withdrawals, tight spreads, 24/7 trading
Ghana Focus: Popular for its low latency and consistent uptime across West Africa

2. FXTM (ForexTime)

Accepts Ghanaian Clients: Yes
Regulation: FCA, CySEC, FSCA
Minimum Deposit: $10
Payment Methods: Local bank, cards, MTN Mobile Money (via agents)
Strengths: Localised support, education, and African-focused outreach
Ghana Focus: Widely used by beginners due to cent accounts and regional support

3. HFM (HotForex)

Accepts Ghanaian Clients: Yes
Regulation: FSCA, FCA, DFSA, FSA
Minimum Deposit: $5
Payment Methods: Bank transfer, crypto, third-party Mobile Money
Strengths: ZAR/USD accounts, bonus options, micro lots
Ghana Focus: Runs marketing campaigns across Ghana and Nigeria

4. FBS

Accepts Ghanaian Clients: Yes
Regulation: IFSC, CySEC
Minimum Deposit: $1
Payment Methods: Cards, Perfect Money, MTN via agent
Strengths: Bonus accounts, low entry, user-friendly app
Ghana Focus: Popular among students and side-hustle traders

5. Deriv

Accepts Ghanaian Clients: Yes
Regulation: MFSA, LFSA
Minimum Deposit: $5
Payment Methods: Mobile Money (via third-party e-wallets), bank cards
Strengths: Synthetic indices, weekend trading, MT5
Ghana Focus: Known for small capital traders interested in high-risk products

6. IC Markets

Accepts Ghanaian Clients: Yes
Regulation: ASIC, CySEC
Minimum Deposit: $200
Payment Methods: Neteller, Skrill, cards
Strengths: Raw spreads, deep liquidity, cTrader
Ghana Focus: Suitable for funded traders and prop firm clients

7. Octa

Accepts Ghanaian Clients: Yes
Regulation: CySEC
Minimum Deposit: $25
Payment Methods: Cards, e-wallets, local agent payments
Strengths: Copy trading, cashback, easy interface
Ghana Focus: Active in regional influencer marketing and education drives

Key Takeaways

Ghanaian traders are accepted by most major international forex brokers, including Exness, FXTM, HFM, and FBS
Payment via MTN Mobile Money is possible either directly or through local agents/e-wallets
Regulation by bodies like FCA, FSCA, CySEC offers strong trader protection even in offshore accounts
Brokers like FBS and HFM offer ultra-low deposits ideal for new and budget traders
MT4/MT5 platforms, mobile apps, and instant withdrawals are common priorities in Ghana’s trading community

Frequently Asked Questions

Can I trade forex legally in Ghana?

Yes, forex trading is legal in Ghana, but brokers must be offshore regulated as there’s no local forex licensing body yet.

Which forex brokers accept MTN Mobile Money in Ghana?

FXTM, FBS, and Deriv allow MTN Mobile Money through local agents or third-party platforms.

What is the best forex broker for beginners in Ghana?

FXTM and FBS are ideal for beginners due to low deposits, mobile support, and accessible education.

Do forex brokers in Ghana support the Ghanaian cedi (GHS)?

Most brokers do not support GHS accounts, but they accept GHS deposits which are converted to USD or EUR.

Is it safe to use international brokers in Ghana?

Yes, as long as they are regulated by FCA, FSCA, or CySEC and have a history of reliable service in West Africa.

Which Online Forex Brokers Accept Clients from Ghana

What Ghanaian Traders Need in a Forex Broker