Choosing an STP broker can influence how smoothly your trades go through the market. In Ghana, more traders are moving toward brokers that pass orders directly to liquidity providers, avoiding the conflict of interest that market makers often create.
This guide looks at who’s reliable, transparent, and supportive of Ghanaian traders. Here’s what we’ll cover:
- Why do experienced Forex traders prefer STP execution?
- 7 Best STP Forex Brokers in Ghana
- Tips for trading with STP brokers in Ghana
- Our conclusion
- Questions traders often ask about STP Forex brokers.
Each broker on this list has been reviewed through a mix of live testing, spread tracking, and regulatory checks. The focus was on execution quality, available platforms, and how practical deposits and withdrawals are for traders in Ghana.
Every name included met baseline regulatory standards and demonstrated strong performance under real trading conditions.
5 Best Forex Brokers in Ghana
Rank | Broker | Review | Regulators | Min Deposit | Official Site |
🥇 |  | Read Review | CBCS, FSA, FSC, FSCA, CMA | $10 | Visit Broker |
🥈 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 | Visit Broker |
🥉 |  | Read Review | FSC, ASIC, CySEC | $5 | Visit Broker |
#4 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Broker |
#5 |  | Read Review | FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine | $0 | Visit Broker |
7 Best STP Forex Brokers in Ghana
| 🥇 Broker Trading App | 👉 Open An Account | ✔️ Ghanaian Cedi Account? | 💰 Minimum Deposit | 💸 Ghanaian Cedi (GHS) Deposits Allowed? |
| 1. Pepperstone | 👉 Open Account | No | $200 (2,500 GHS) | No |
| 2. IC Markets | 👉 Open Account | No | $200 (2,500 GHS) | No |
| 3. Exness | 👉 Open Account | Yes | $10 (120 GHS) | Yes |
| 4. FP Markets | 👉 Open Account | No | $100 (1,200 GHS) | No |
| 5. RoboForex | 👉 Open Account | No | $10 (120 GHS) | No |
| 6. FOREX.com | 👉 Open Account | No | $100 (1,200 GHS) | No |
| 7. HFM | 👉 Open Account | No | $0 | No |
Why do experienced Forex traders prefer STP execution?
Experienced traders prefer STP brokers because their orders go directly to external liquidity providers instead of being filtered through a dealing desk. This setup reduces conflicts over pricing and helps avoid requotes that can distort execution.
Many traders like the consistency of raw or near-raw spreads, combined with a small commission that lets them track their trading costs precisely across MT4, MT5, cTrader, or TradingView.
It also supports high-speed scalping and automated strategies, while retail traders still get safeguards such as negative-balance protection. Oversight from trusted regulators helps protect client funds and keeps execution transparent, even if there’s no local Ghana licence.
In Ghana, the benefits extend further. Most brokers give round-the-clock support and allow deposits through bank cards or e-wallets. Accounts are usually held in USD or other major currencies, since the cedi is not yet standard. That makes it essential to keep an eye on conversion fees.
Offshore entities often allow higher leverage, which appeals to experienced traders who manage risk carefully and want flexibility on position size. For many in Ghana trading forex, gold, or indices, the value of STP is in reliable market execution and honest pricing rather than promotions or bonuses.
7 Best STP Forex Brokers in Ghana
- Pepperstone: Globally trusted STP broker offering MT4, MT5, cTrader, and TradingView platforms with tight raw spreads and reliable execution for Ghanaian traders.
- IC Markets: Leading no-dealing-desk broker known for raw pricing, sub-second execution speeds, and multiple platforms including MT4, MT5, cTrader, and TradingView.
- Exness: Flexible global broker providing instant execution, ultra-tight spreads, and smooth deposits through card and e-wallet systems for traders in Ghana.
- FP Markets: Multi-platform STP provider offering MT4, MT5, cTrader, and TradingView access, with VPS support and stable raw pricing from zero-pip spreads.
- RoboForex: Internationally regulated broker delivering high-leverage STP and ECN accounts through MT4, MT5, and R StocksTrader with thousands of tradeable instruments.
- FOREX.com: FCA-supervised broker offering TradingView, MT4, and MT5 platforms alongside integrated research tools and transparent spread-based pricing.
- HFM: Versatile broker providing MT4, MT5, WebTrader, and the HFM App with flexible leverage, swap-free options, and accessible zero-minimum accounts.
1. Pepperstone
 | Minimum Deposit: $0 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Leverage: Up to 1:500 |
Overview
Pepperstone connects Ghanaian traders directly to deep liquidity providers through its Razor and Pro accounts, both offering raw pricing and no dealing desk intervention.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | ASIC, FCA, CySEC, DFSA, BaFin, SCB, CMA Kenya |
| 💵 Minimum deposit requirement | No set minimum, suggested from USD 200 |
| ⚙️ Execution model (STP or hybrid) | True STP, no dealing desk, direct liquidity routing |
| 💹 Spread type and pricing structure | Raw spreads from 0.0 pips, variable pricing across Razor and Pro accounts |
| 🪙 Base currency and funding methods for Ghana | USD, EUR, GBP, AUD supported, deposits via Visa, Mastercard, Skrill, Neteller, PayPal, bank transfer |
| 📈 Trading platforms and tools | MT4, MT5, cTrader, TradingView, VPS, copy trading, algorithmic tools |
| 🔐 Entity and fund safety | Segregated client accounts, strong global regulatory supervision |
| ⏱️ Execution speed and order reliability | Sub-second market execution with VPS optimisation and low-latency trading |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Regulated across top-tier global authorities | No Ghanaian cedi accounts |
| Raw spread STP execution with transparent liquidity access | Currency conversion costs for GHS deposits and withdrawals |
| VPS hosting and algo trading support |
Frequently Asked Questions
Can Ghanaians trade with Pepperstone’s Razor account?
Yes. The Razor account gives access to raw spreads from zero pips with small per-lot commissions.
Does Pepperstone provide Ghanaians with VPS hosting?
Yes. Active traders can access free VPS hosting if monthly trading volumes meet the threshold.
2. IC Markets
 | Minimum Deposit: $200 Regulated by: FSA Leverage: Up to 1:500 |
Overview
IC Markets delivers direct access to institutional liquidity, giving Ghanaian traders market execution with no dealing desk. Orders are filled through a deep pool of over twenty-five liquidity providers, maintaining ultra-low spreads and minimal latency.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | ASIC, CySEC, SCB, CMA, and FSA Seychelles |
| 💵 Minimum deposit requirement | USD 200 |
| ⚙️ Execution model (STP or hybrid) | True STP with no dealing desk intervention |
| 💹 Spread type and pricing structure | Raw spreads from 0.0 pips on Raw accounts, variable from 0.8 pips on Standard accounts |
| 🪙 Base currency and funding methods for Ghana | USD, EUR, GBP supported, funding via Visa, Mastercard, PayPal, Skrill, Neteller, bank transfer |
| 📈 Trading platforms and tools | MT4, MT5, cTrader, TradingView, VPS hosting, IC Social, ZuluTrade, Signal Start |
| 🔐 Entity and fund safety | Segregated client funds, private indemnity insurance, negative balance protection under FSA Seychelles |
| ⏱️ Execution speed and order reliability | Sub-second execution through Equinix NY4 and LD5 data centres, deep liquidity from 25+ providers |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Raw STP spreads starting from 0.0 pips | Ghana-based clients onboarded under offshore regulation |
| High leverage up to 1:1000 across STP accounts | No support for local mobile money services |
| VPS and rebate access for active traders | Bank transfers to Ghana can take several days |
| Deep liquidity and ultra-fast execution |
Frequently Asked Questions
Can Ghanaians trade on IC Markets with raw spreads?
Yes. Both MT4 and cTrader Raw accounts provide spreads starting from 0.0 pips.
What is the IC Markets minimum deposit for Ghanaian traders?
The minimum deposit is USD 200 for all live accounts.
3. Exness
| Minimum Deposit: $10 Regulated by: CBCS, FSA, FSC, FSCA, CMA Leverage: Up to 1:2000 |
Overview
Exness gives Ghanaian traders true STP access through its Seychelles entity, linking directly to liquidity providers without internal dealing desks.
The broker’s tight pricing, GHS-denominated accounts, instant GHS deposits, and 24/7 support make it one of the few global brokers that blend STP execution with local currency funding.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | FSA Seychelles, FSCA South Africa, CMA Kenya, and FSC BVI |
| 💵 Minimum deposit requirement | From USD 10 or GHS equivalent |
| ⚙️ Execution model (STP or hybrid) | STP execution with market order routing, no dealing desk |
| 💹 Spread type and pricing structure | Variable spreads from 0.0 pips (Raw/Zero), 0.1–0.3 pips on Standard and Pro accounts |
| 🪙 Base currency and funding methods for Ghana | GHS, USD, EUR, GBP supported, deposits via online bank transfer, cards, Skrill, Neteller, crypto |
| 📈 Trading platforms and tools | MT4, MT5, Web Terminal, Exness Trade App, Copy Trading platform |
| 🔐 Entity and fund safety | Segregated funds, negative balance protection, multi-jurisdiction regulation |
| ⏱️ Execution speed and order reliability | Market execution within milliseconds, stable liquidity from top-tier providers |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| GHS account support with instant local deposits and withdrawals | No Bank of Ghana or SEC Ghana licence |
| STP trading with zero-commission and raw-spread account options | Minimum USD 500 deposit on advanced accounts |
| Supports MT4, MT5, Web Terminal, and proprietary Exness App | No local Ghanaian phone support |
| VPS hosting and unlimited leverage for eligible clients |
Frequently Asked Questions
Can Ghanaians trade in cedi on Exness?
Yes. GHS is available as a base currency to avoid conversion losses.
What is the minimum deposit for Ghanaian Exness accounts?
You can open an account with a minimum of USD 10 or the equivalent in GHS.
4. FP Markets
 | Minimum Deposit: $100 AUD Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Leverage: Up to 1:500 |
Overview
Traders in Ghana are onboarded under FP Markets’ FSA Seychelles or FSC Mauritius entities, ensuring direct market execution with transparent pricing. The broker’s ASIC and CySEC oversight reinforce its credibility, while Islamic and Standard Raw accounts extend STP benefits across global asset classes.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | FSA Seychelles, FSC Mauritius, ASIC, CySEC, FSCA |
| 💵 Minimum deposit requirement | USD 100 |
| ⚙️ Execution model (STP or hybrid) | True STP, no dealing desk intervention |
| 💹 Spread type and pricing structure | Variable spreads from 0.0 pips (Raw) or 1.0 pips (Standard), fixed $3 per side on Raw accounts |
| 🪙 Base currency and funding methods for Ghana | USD, EUR, GBP, AUD supported, deposits via cards, Skrill, Neteller, bank wire, crypto |
| 📈 Trading platforms and tools | MT4, MT5, cTrader, TradingView, FP Markets App, VPS hosting, AutoChartist, TradeMedic, Signal Start |
| 🔐 Entity and fund safety | Segregated client funds, ASIC and CySEC oversight, negative balance protection |
| ⏱️ Execution speed and order reliability | Low-latency STP execution through multi-bank aggregation, sub-second order fills |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| VPS hosting and algorithmic trading available | No Mobile Money funding support |
| STP model with zero-pip Raw spreads and fixed commission | No Ghanaian cedi accounts |
| Social trading through Signal Start and Myfxbook AutoTrade |
Frequently Asked Questions
Can Ghanaian traders open Islamic accounts at FP Markets?
Yes. Both Standard and Raw accounts are available in swap-free form.
Is FP Markets regulated in Ghana?
No. FP Markets is not licensed by the SEC or the Bank of Ghana, but holds global licences
5. RoboForex
 | Minimum Deposit: $10 Regulated by: FSC Leverage: Up to 1:200 |
Overview
RoboForex gives Ghanaians direct STP order routing and sub-second execution across forex, commodities, and stocks. Traders benefit from flexible leverage, no-dealing-desk execution, and instant access to thousands of assets.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | Financial Services Commission (FSC) Belize |
| 💵 Minimum deposit requirement | USD 10 across most accounts, USD 100 for R StocksTrader |
| ⚙️ Execution model (STP or hybrid) | STP with direct liquidity access, market execution under all live accounts |
| 💹 Spread type and pricing structure | Variable spreads from 0.0 pips on ECN/Prime, from 1.3 pips on Pro/ProCent |
| 🪙 Base currency and funding methods for Ghana | USD, EUR, GOLD, deposits via local bank transfer, cards, Skrill, Neteller, AstroPay, crypto |
| 📈 Trading platforms and tools | MT4, MT5, R StocksTrader, CopyFX, VPS hosting, Trading Calculator, Market Analysis suite |
| 🔐 Entity and fund safety | Client funds segregated under FSC oversight, negative balance protection, rebate and cashback system |
| ⏱️ Execution speed and order reliability | Market execution under one second, verified by VMT audit |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| STP access with spreads from 0.0 pips and leverage up to 1:2000 | Regulated offshore under Belize FSC |
| $10 minimum deposit | Withdrawal fees on most payment methods |
| Cashback, balance bonuses, and VIP client rewards |
Frequently Asked Questions
Which RoboForex account suits Ghanaians best for STP trading?
Prime and ECN accounts offer tighter spreads and verified STP execution.
Does RoboForex support swap-free trading for Muslims in Ghana?
Yes. Islamic accounts are available for Pro and ProCent accounts.
6. FOREX.com
 | Minimum Deposit: $100 Regulated by: CIMA Leverage: Up to 1:30 |
Overview
FOREX.com gives Ghanaians STP execution through globally regulated entities under StoneX, giving traders access to deep liquidity without internal dealing. The platform’s RAW Spread account links directly to tier-one liquidity providers.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | CIMA, FCA, ASIC, MAS, and NFA |
| 💵 Minimum deposit requirement | $100 |
| ⚙️ Execution model (STP or hybrid) | STP no-dealing-desk with direct liquidity access on the RAW Spread account |
| 💹 Spread type and pricing structure | Variable spreads starting from 0.0 pips plus $5 per $100k traded on RAW, or 0.8 pips on Standard accounts with no commission |
| 🪙 Base currency and funding methods for Ghana | USD, EUR, GBP base currencies, funding via local bank transfer, credit or debit card, Neteller, Skrill, international wire |
| 📈 Trading platforms and tools | MT4, MT5, TradingView, proprietary web and mobile platforms with integrated Reuters news and Performance Analytics |
| 🔐 Entity and fund safety | Client funds segregated under CIMA oversight, backed by StoneX Group capital and FCA-level audit transparency |
| ⏱️ Execution speed and order reliability | Near-instant execution with limit order price improvement technology and low-latency order routing |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Strict oversight covers Ghanaian clients | No Bank of Ghana licence or local oversight |
| STP RAW Spread account with tight pricing and transparent costs | No GHS base currency, conversion fees apply |
| Access to TradingView and Performance Analytics with Reuters data | Swap-free Islamic accounts not available |
| Rebate programme through ActiveTrader reduces trading costs monthly |
Frequently Asked Questions
Which FOREX.com platform suits STP trading best on FOREX.com?
MetaTrader 5 or TradingView, both of which integrate with the RAW Spread account.
Does FOREX.com charge commission fees on STP trades?
Yes, $5 per $100,000 traded on the RAW Spread account.
7. HFM
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview
HFM gives Ghanaians access to true-to-market STP execution with transparent pricing and no minimum deposit barrier. Its Zero and Pro Plus accounts are built for tighter spreads, while the Cent option makes it easy to test strategies before trading larger volumes.
Unique Features
| Metric | Description |
| 🌍 Regulatory coverage for Ghana traders | FCA, CySEC, DFSA, FSCA, FSA, CMA, FSC |
| 💵 Minimum deposit requirement | From $0 on Cent, Premium, and Zero accounts |
| ⚙️ Execution model (STP or hybrid) | STP-based market execution with direct liquidity access |
| 💹 Spread type and pricing structure | Variable spreads from 0.0 pips on Zero account, commission from $6 per lot, others commission-free |
| 🪙 Base currency and funding methods for Ghana | USD base, deposits via card, bank transfer, e-wallets, crypto (GHS converted) |
| 📈 Trading platforms and tools | MT4, MT5, HFM App, WebTrader, CopyTrading, VPS |
| 🔐 Entity and fund safety | Segregated accounts, multi-jurisdiction oversight, negative balance protection |
| ⏱️ Execution speed and order reliability | Market execution under one second, stable under volume trading conditions |
| 👉 Open Account | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Zero minimum deposit on accounts | Not licensed by Ghana’s SEC |
| Raw spreads from 0.0 pips | No local stocks for direct exposure |
| High leverage up to 1:2000 | No Ghana-based support line |
| Supports MT4, MT5, and mobile trading with CopyTrading |
Frequently Asked Questions
Can I fund my HFM account in Ghanaian cedi?
Deposits in GHS are converted automatically into USD at the payment gateway level.
Which trading platforms are available for STP trading on HFM in Ghana?
You can trade using MT4, MT5, WebTrader, and the HFM mobile app.
Tips for trading with STP brokers in Ghana
STP brokers promise that your orders go straight to liquidity pools, not to an internal desk, which gives you a better shot at fair pricing. Yet some firms claim STP without delivering. To avoid this, ensure you verify their track record, spread behaviour, and how they handle your deposits.
Check the regulation and protection
Always confirm that your broker falls under strong oversight. Firms registered with regulators like the FCA must follow rules on risk controls and transparency. Make sure your broker offers negative-balance protection and strict margin policies.
Confirm local deposit and withdrawal support
Ask whether MTN Mobile Money or Vodafone Cash works for deposits and withdrawals. Some STP brokers in Ghana accept mobile money instantly, though payment processors sometimes introduce delays. Matching deposit and withdrawal methods helps avoid disputes.
Watch all your costs
Look beyond headline spreads. Add commissions, swap rates, and currency conversion from Ghana cedis to the broker’s base currency. Even minor cost differences can stack up over many trades.
Minimise latency to improve fills
Your orders travel faster when your setup faces less delay. Using a VPS located near the broker’s server (for example, in London or New York) often reduces lag and lowers slippage risk.
Consistent documentation and withdrawals
Always use the same channel for depositing and withdrawing. Save all mobile money receipts and broker statements. With large volumes through MTN Mobile Money in Ghana, clear records help resolve issues if something stalls.
Our conclusion
STP brokers have earned trust among Ghanaian traders because they focus on transparent pricing and direct execution. The lack of a dealing desk means fewer conflicts and more confidence in the trade outcome.
Each broker reviewed shows that efficient execution and credible regulation are far more important than slogans or bonuses. The goal is simple: consistent access to fair pricing, quick trade confirmation, and transparent withdrawal processes that support long-term trading discipline.
Questions traders often ask about STP Forex brokers
What is an STP forex broker, and how does it differ from ECN?
STP sends trades straight to liquidity providers, while ECN connects traders directly in a network. Both avoid dealing desks.
Can I use an STP broker if I’m trading from Ghana?
Yes. Many global STP brokers accept Ghanaian traders through offshore entities and support cards or e-wallets.
Is STP execution safe for Ghanaian traders?
Yes, if regulated by trusted authorities like the FCA, ASIC, or FSA Seychelles.
How does an STP broker handle order flow?
Orders go directly to liquidity providers, cutting out the dealing desk.
Do STP brokers charge hidden fees or commissions?
No. Costs appear as spreads or small per-lot commissions, depending on the account.
How fast is trade execution under STP?
Usually under one second, depending on internet speed and server location.
Can STP brokers reject or re-quote orders?
No. Orders fill at market prices based on available liquidity.
What are liquidity providers in STP trading?
Banks and institutions that supply buy and sell quotes for market pricing.
How does slippage work with STP brokers?
It happens when prices change before execution, showing true market movement.
What minimum deposit is standard for STP accounts?
Between $10 and $200, depending on account type.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.