7 Best Forex Trading Platforms in Ghana
The right forex trading platform can open the door to tighter spreads, smoother trade execution, and valuable tools. The demand for credible platforms in Ghana is growing, and global brokers are noticing.
With so many names in the market, separating the best from the rest is essential. Our article highlights seven of the best forex trading platforms for Ghanaians. Here’s what we cover in this guide:
- What makes a forex trading platform worth using in Ghana?
- 7 Best Forex Trading platforms in Ghana
- The role of technology in the growth of forex trading in Ghana
- Final thoughts on the best forex platforms
- FAQs on forex brokers and platforms
Our guide is the result of a careful evaluation of platforms that are accessible to Ghanaian traders. Regulation was a top priority, followed by pricing, platform reliability, account funding options, and customer support.
Each platform included has proven to deliver in key areas relevant to Ghanaian traders. By the end, you will see which platforms are worth considering and how they can serve your trading goals.
5 Best Forex Brokers in Ghana
Read Review CBCS, FSA, FSC, FSCA, CMA Visit Broker
Read Review ASIC, CySEC, IFSC, DFSA, FCA Visit Broker
Read Review FSC, ASIC, CySEC Visit Broker
Read Review ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA Visit Broker
Read Review FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine Visit Broker
7 Best Forex Trading Platforms in Ghana – Comparison of all options
| 🥇 Broker | 👉 Open An Account | 💰 Ghanaian Cedi-based Account? | 💸 Minimum Deposit ($/GHS) | 💳 Local Deposits Allowed? |
| 1. Exness | 👉 Open Account | Yes | $10 (120 GHS) | Yes |
| 2. Pepperstone | 👉 Open Account | No | $0 | No |
| 3. IC Markets | 👉 Open Account | No | $200 (2,500 GHS) | No |
| 4. FP Markets | 👉 Open Account | No | $100 (1,200 GHS) | No |
| 5. HFM | 👉 Open Account | No | $0 | No |
| 6. FXCM | 👉 Open Account | No | $50 (600 GHS) | No |
| 7. XM | 👉 Open Account | No | $5 (60 GHS) | No |
What makes a forex trading platform worth using in Ghana?
A forex trading platform worth using in Ghana is one that balances regulation, cost, access, and convenience. Licensing from regulators such as the BoG, FCA, ASIC, or CySEC is non-negotiable.
Traders should have negative balance protection, segregated accounts, and transparent disclosures.
Costs must be competitive, with tight spreads, low commissions, and zero hidden charges on deposits or withdrawals.
Mobile Money through MTN, Visa, Mastercard, and bank transfers are vital for smooth funding. Platforms also need fast execution, risk controls, and compatibility with MT4, MT5, cTrader, or TradingView. Responsive support and financial transparency are equally important.
7 Best Forex Trading Platforms in Ghana
- Exness: GHS accounts with local deposits, MT4/MT5 coverage and leverage up to unlimited make it the most plug-in forex option for Ghana.
- Pepperstone: Strong global regulation with $0 minimums and MT4/MT5, cTrader and TradingView support, with funding in foreign currency.
- IC Markets: Ultra-tight raw pricing and deep liquidity on MT4/MT5, cTrader and TradingView with leverage up to 1:1000, minimum deposit $200.
- FP Markets: MT4/MT5, cTrader and TradingView access with Raw spreads from 0.0 pips and $100 minimum deposit requirement.
- HFM: Wide account range including Cent and Zero with $0 minimums on MT4/MT5 and app, leverage up to 1:2000 and swap-free options.
- FXCM: Education-driven broker with Trading Station, MT4, TradingView, NinjaTrader and ZuluTrade, typical minimum $50 and leverage up to 1:1000.
- XM: Accessible entry from $5 with MT4/MT5 and XM App, leverage up to 1:1000, and accepts Ghanaian clients.
1. Exness
| Minimum Deposit: $10 Regulated by: CBCS, FSA, FSC, FSCA, CMA Leverage: Up to 1:2000 |
Overview
Exness gives Ghanaian traders direct forex access with MT4, MT5, and mobile platforms, backed by flexible account types including Cent and Raw Spread. It stands out locally by offering GHS-denominated accounts and Mobile Money deposits.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, WebTrader, Exness App, Exness Copy Trading |
| 💵 Spreads / Commission Style | Raw spreads from 0.0 pips plus commission, Standard accounts with spreads only |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | No |
| ⚖️ Regulation & Jurisdictions | FSA, FSCA, FCA, CySEC, CBCS, FSC (BVI and Mauritius), CMA, JSC |
| 📉 Minimum spread | 0.0 pips on Raw accounts |
| ⚖ Max Leverage for Forex | Unlimited leverage for eligible traders, otherwise up to 1:2000 |
| 🏦 GHS-denominated Accounts? | Yes |
| 💳 Deposit / Withdrawal Methods for Ghana | Bank Transfers, Bank Payment, Visa/Mastercard, Skrill, Neteller, SticPay, Crypto |
| 🔄 Swap-free / Islamic Options | Yes |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Choice of spread only, or raw plus commission |
| 💰 Minimum Deposit | From $10 equivalent in GHS |
| 💸 Bonuses for Ghanaian traders? | No |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| GHS base currency accounts supported | Unlimited leverage not suitable for beginners |
| Local Mobile Money deposits and withdrawals | Education resources limited compared to peers |
| Tight raw spreads for scalpers and EAs |
Frequently Asked Questions
What is the minimum deposit for Exness in Ghana?
The minimum deposit is around $10 or the equivalent in Ghanaian cedi.
Does Exness offer swap-free accounts for Muslim traders in Ghana?
Yes, swap-free options are available across Exness accounts.
2. Pepperstone
 | Minimum Deposit: $0 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Leverage: Up to 1:500 |
Overview
Pepperstone gives Ghanaian forex traders razor-thin pricing and access to MT4, MT5, cTrader, and TradingView for a feature-rich forex trading experience.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, cTrader, TradingView, WebTrader, Mobile apps, Copy Trading, VPS |
| 💵 Spreads / Commission Style | Raw spreads plus commission or Standard spread-only pricing |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | No |
| ⚖️ Regulation & Jurisdictions | SCB, CySEC, DFSA, ASIC, FCA, BaFin, CMA |
| 📉 Minimum spread | From 0.0 pips on Razor account |
| ⚖ Max Leverage for Forex | Up to 1:500 (Pro), 1:30 (retail) |
| 🏦 GHS-denominated Accounts? | No |
| 💳 Deposit / Withdrawal Methods for Ghana | Cards, bank transfer, PayPal, Skrill, Neteller |
| 🔄 Swap-free / Islamic Options | Yes, Islamic account available, but not for Ghana |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Choice between Raw spread plus commission or spread-only |
| 💰 Minimum Deposit | $0 (recommended $200) |
| 💸 Bonuses for Ghanaian traders? | Yes, Referral Bonus and Active Trader Program |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Razor account with zero-pip spreads | No GHS base currency or Mobile Money support |
| Broadest platform support | Leverage capped at 1:500 |
| Strong regulatory framework |
Frequently Asked Questions
Can I trade USD/GHS or other Ghanaian cedi pairs with Pepperstone?
No, Pepperstone does not list GHS forex pairs.
What trading platforms does Pepperstone provide for forex trading in Ghana?
You can use MT4, MT5, cTrader, TradingView, and web or mobile platforms.
3. IC Markets
 | Minimum Deposit: $200 Regulated by: FSA Leverage: Up to 1:500 |
Overview
IC Markets attracts Ghanaian forex traders with raw interbank-style spreads, high execution speeds, and deep liquidity. It supports MT4, MT5, cTrader, and TradingView, making it ideal for scalpers and algo traders.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, cTrader, TradingView, IC Social, Signal Start, VPS, ZuluTrade |
| 💵 Spreads / Commission Style | Raw spreads plus commission, or Standard spread-only pricing |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | No |
| ⚖️ Regulation & Jurisdictions | FSA, CMA, SCB, CySEC, ASIC |
| 📉 Minimum spread | From 0.0 pips on Raw accounts |
| ⚖ Max Leverage for Forex | Up to 1:1000 |
| 🏦 GHS-denominated Accounts? | No |
| 💳 Deposit / Withdrawal Methods for Ghana | Cards, bank transfer, Skrill, Neteller, PayPal, UnionPay, Bpay, POLi, Broker to Broker, Thai internet banking, Rapidpay, Klarna, Vietnamese Internet Banking |
| 🔄 Swap-free / Islamic Options | Yes, Islamic account available |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Choice between Raw spread with commission or spread-only |
| 💰 Minimum Deposit | $200 |
| 💸 Bonuses for Ghanaian traders? | Yes, Raw Trader Plus rebates |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Ultra-low spreads from 0.0 pips | No GHS accounts or Mobile Money support |
| Broad platform coverage, including TradingView | Offshore entity handles Ghanaian accounts |
| Excellent execution speed for scalping |
Frequently Asked Questions
How competitive are IC Markets’ spreads for Ghanaian forex traders?
Raw accounts start from 0.0 pips with a small commission.
Is IC Markets regulated for Ghanaian clients?
Yes, under FSA, CMA, SCB, CySEC, ASIC, but not Bank of Ghana.
4. FP Markets
 | Minimum Deposit: $100 AUD Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Leverage: Up to 1:500 |
Overview
FP Markets stands out for Ghanaians who want raw forex pricing with access to MT4, MT5, cTrader, and TradingView. Its combination of tight spreads and flexible account types makes it attractive for scalpers and long-term traders.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, cTrader, TradingView, WebTrader, Mobile, TradeMedic App, Social Trading |
| 💵 Spreads / Commission Style | Raw spreads from 0.0 pips plus $3 per side, Standard spread-only option |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | No |
| ⚖️ Regulation & Jurisdictions | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| 📉 Minimum spread | 0.0 pips (Raw account) |
| ⚖ Max Leverage for Forex | Up to 1:500 |
| 🏦 GHS-denominated Accounts? | No |
| 💳 Deposit / Withdrawal Methods for Ghana | Cards, bank transfer, e-wallets, cryptocurrency |
| 🔄 Swap-free / Islamic Options | Yes |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Choice of spread-only or raw + commission |
| 💰 Minimum Deposit | $100 |
| 💸 Bonuses for Ghanaian traders? | None |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Offers several platforms, including MT4, MT5, cTrader, TradingView, a web-based platform and app | No GHS-denominated accounts |
| Raw account with 0.0 pip spreads | No direct Mobile Money support |
| High liquidity, reliable trading execution |
Frequently Asked Questions
Can I use cTrader with FP Markets in Ghana?
Yes, cTrader is included alongside MT4, MT5, TradingView, and other platform options.
Are raw spreads available on FP Markets’ forex accounts?
Yes, raw spreads start from 0.0 pips with $6 round-turn commission added.
5. HFM
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview
HFM suits Ghanaian traders who want options catered to their unique trading strategies, experience level, and investment goals. HFM’s platforms include MT4, MT5, WebTrader, and a native app.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, WebTrader, HFM App, CopyTrading |
| 💵 Spreads / Commission Style | From 0.0 pips on Zero accounts, spread-only on Cent, Premium, Pro, Pro Plus |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | No |
| ⚖️ Regulation & Jurisdictions | CMA, FSA, FSCA, CySEC, FCA, DFSA, FSC, and multiple EU registrations in Germany, Italy, etc. |
| 📉 Minimum spread | From 0.0 pips (Zero) |
| ⚖ Max Leverage for Forex | Up to 1:2000 |
| 🏦 GHS-denominated Accounts? | No |
| 💳 Deposit / Withdrawal Methods for Ghana | Bank transfer, bank wire, Visa and Mastercard, Skrill, Crypto |
| 🔄 Swap-free / Islamic Options | Yes, available on request across accounts |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Spread-only (Cent, Premium, Pro, Pro Plus), Raw + commission (Zero) |
| 💰 Minimum Deposit | From $0 (Cent, Premium, Zero), $100 (Pro), $250 (Pro Plus) |
| 💸 Bonuses for Ghanaian traders? | Yes, trading contests, deposit bonuses, welcome bonus, referal bonus, loyalty program |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Several forex accounts available | Deposit/withdrawals mostly via international methods |
| Leverage up to 1:2000 for forex | Conversion costs for GHS deposits |
| Swap-free Islamic options available | No GHS-denominated accounts |
| Strong regulatory coverage across multiple jurisdictions | No dedicated Ghana office or phone line |
Frequently Asked Questions
What is the minimum deposit for HFM forex accounts in Ghana?
From $0 on Cent, Premium, and Zero, $100 for Pro, $250 for Pro Plus.
Can Ghanaian traders access forex copy trading with HFM?
Yes, the HFcopy account allows following or offering forex strategies.
6. FXCM
 | Minimum Deposit: $50 Regulated by: FCA, ASIC, CySEC, FSCA Leverage: Up to 1:400 |
Overview
FXCM is one of the most established forex brokers available to traders in Ghana. Its strength lies in the combination of multiple professional-grade platforms, namely Trading Station, MT4, TradingView, NinjaTrader, and ZuluTrade.
With leverage up to 1:1000 where permitted, education-heavy resources, and commission-free spread pricing, FXCM offers Ghanaians a diverse forex trading environment.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | Trading Station, MT4, TradingView, VPS, Capitalise AI |
| 💵 Spreads / Commission Style | Spread-based on CFD account, tiered commission model on Active Trader |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | None |
| ⚖️ Regulation & Jurisdictions | FSCA, FCA, CySEC, BaFin, ASIC, IIROC, CIPF, ISA |
| 📉 Minimum spread | From 1.1 pips on EUR/USD (CFD account) |
| ⚖ Max Leverage for Forex | Up to 1:1000 in some jurisdictions, capped lower where regulators apply limits |
| 🏦 GHS-denominated Accounts? | No, only foreign currency bases |
| 💳 Deposit / Withdrawal Methods for Ghana | Cards, bank transfers, e-wallets (no direct Mobile Money) |
| 🔄 Swap-free / Islamic Options | Yes, Islamic account available with spread/commission mark-up |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Spread-only (CFD account), commission + rebate tiers (Active Trader) |
| 💰 Minimum Deposit | Around $50 (CFD account), higher for Active Trader |
| 💸 Bonuses for Ghanaian traders? | Yes, referral bonus, welcome bonus, gold cashback, FXCM rebates, stock season program, free TradingView access |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Offers a CFD and Active Trader account option | Doesn’t offer GHS-based forex pairs |
| Offers Islamic accounts to Muslim traders | No GHS base currency |
| Leverage up to 1:1000 | No Mobile Money deposit option |
| VPS hosting and rebates for high-volume traders |
Frequently Asked Questions
Does FXCM offer a sign-up bonus?
No, but there are several other bonuses, rebates, and contests available to Ghanaians.
Can Ghanaians register a GHS-denominated account with FXCM?
No, you can only register a trading account denominated in USD, GBP, EUR, or CHF.
7. XM
| Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Leverage: Up to 1:1000 |
Overview
XM gives Ghanaian forex traders one of the lowest entry points in the market, with accounts starting at just $5. XM offers MT4 and MT5 as leading platforms, and the XM app for Ghanaians to access several global markets.
Unique Features
| Feature | Information |
| 🛠️ Trading Platforms Supported | MT4, MT5, XM App |
| 💵 Spreads / Commission Style | Spread-only on Micro and Standard, lower spreads on Ultra Low accounts |
| ✅ GHS-Denominated Forex Pairs Offered? (e.g. USD/GHS) | None |
| ⚖️ Regulation & Jurisdictions | CySEC, FCA, FSC Belize, FSC Mauritius, FSA, ASIC |
| 📉 Minimum spread | From 0.6 pips on Ultra Low |
| ⚖ Max Leverage for Forex | Up to 1:1000 |
| 🏦 GHS-denominated Accounts? | No, accounts in USD, EUR, GBP and others |
| 💳 Deposit / Withdrawal Methods for Ghana | Visa, Mastercard, Skrill, Neteller, WebMoney, Bank Transfer |
| 🔄 Swap-free / Islamic Options | Yes |
| 📊 Forex Pricing Model (Spread / Raw / Commission / Markup) | Spread-based, no commission on most accounts |
| 💰 Minimum Deposit | $5 |
| 💸 Bonuses for Ghanaian traders? | Yes, XM Traders Club, referral bonus, competitions, deposit bonus |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| $5 minimum deposit required | Local regulation in Ghana absent |
| Native XM app available on iOS and Android | Limited advanced platforms (no cTrader/TradingView) |
| Offers several markets tied to Ghana’s economy |
Frequently Asked Questions
What trading platforms can I use for forex with XM in Ghana?
XM supports MT4 and MT5 on web, desktop and mobile, and a native XM app.
What is XM’s minimum spread on forex?
Spreads start from 0.6 pips on Ultra Low accounts.
The role of technology in the growth of forex trading in Ghana
AI trading technology
Artificial intelligence has entered retail trading via broker research tools, automated screeners, and portfolio management features.
AI assistants help traders process data quickly, identify opportunities, and test strategies. These innovations reduce the time traders spend on manual research and give them more control over decision-making.
Platform options
International brokers that accept Ghana provide access to MT4, MT5, cTrader, and TradingView (amongst other options). Each platform offers different strengths, from algorithmic trading capabilities to advanced charting and custom indicators.
Internet improvements
4G mobile broadband makes up more than 90% of connections in Ghana. Telecel’s investment in hundreds of new sites has further expanded coverage. While 5G is not yet widespread, enhanced 4G capacity ensures stable connectivity and lower latency, which supports reliable order execution.
Other tools and access
Payments and infrastructure developments also support trading. Mobile Money services, especially MTN, are widely integrated into deposit and withdrawal systems, making it easier to transfer funds in and out of trading accounts.
These services now offer greater transparency and security as regulators issue electronic money licences.
Final thoughts on the best forex platforms
Forex trading in Ghana has matured to the point where traders no longer need to compromise between access and quality. The most suitable platforms are the ones that balance regulation, cost efficiency, and dependable technology.
Competitive spreads, multiple funding channels including Mobile Money, and the security of trusted oversight are no longer “nice to have” features, but expected standards.
Traders can now engage global markets with the same confidence as international peers, knowing that pricing and execution speed can match international levels.
The choice comes down to personal trading style, risk appetite, and the tools that align with those goals. Some prefer advanced charting and automation, while others value low entry deposits and responsive support.
In the end, the right platform gives Ghanaian traders a fair shot at participating in the global currency market transparently.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the financial markets are volatile that could shift and change at any given time, even if the information supplied is correct at the time of going live.