Brunei Forex brokers

Brunei, a small nation situated on Borneo Island in Southeast Asia, is home to roughly 500,000 people, with approximately 100,000 residing in its capital, Bandar Seri Begawan. Governed by a sultan, Brunei operates as an absolute monarchy, blending English and Sharia laws along with Islamic traditions. The dominant faith is Islam, and the official language is Malay. The primary revenue source for Brunei's administration stems from its abundant reserves of oil and gas, with Brunei Shell Petroleum Company being the primary state-run enterprise. The nation is actively engaged in reducing its dependence on oil and gas, while simultaneously fostering financial and other sectors. Brunei's Forex brokers are mandated to adhere to the guidelines set forth by the Autoriti Monetari Brunei Darussalam, also known as AMBD. Outlined below is a compilation of the top Forex brokers in Brunei.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4MT5cTraderDeposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
FSC Belize
Platforms
MT4, MT5, cTrader +1 more
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
Fortrade read review
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
High leverageSignals
Regulations
CNMV, FCA UK, KNF +1 more
Platforms
xStation
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
Given Brunei's nascent financial system, it comes as no surprise that the Autoriti Monetari Brunei Darussalam (AMBD) lacks clearly defined regulations regarding the maximum leverage permissible for retail Forex traders. Similarly, there exists no explicitly stated compensation framework under the purview of AMBD. Benefiting from its copious reserves of oil and gas, Brunei boasts a relatively elevated standard of living, providing its populace with excellent social services and public amenities. In summation, Brunei's abundant oil and gas reserves serve as its economic backbone, while concerted efforts towards diversification through the development of financial and allied sectors are underway. The oversight of Brunei's top Forex brokers by AMBD assures a secure and safeguarded environment for traders and investors alike.

FAQs about Brunei