ASIC, CySEC, DFSA +2 more
Best Forex brokers in Fiji revealed
Fiji, officially known as the Republic of Fiji, is a small island nation located in the South Pacific Ocean. It is made up of more than 330 islands, forming an archipelago.
Trusted Forex Brokers in Fiji operate within the country's well-regulated and relatively developed financial sector. Fiji has taken steps to modernize not only its financial sector but also its economy. With a total nominal GDP of $4.85 billion, Fiji ranks 164th globally, and its per capita GDP of $12.6 billion places it at the 158th position worldwide.
Fiji's economy is reliant on its forests, minerals, and tourism industry. The Fijian dollar serves as the official currency, and foreign exchange is generated from various sources, including tourism, remittances, bottled water exports, and sugar cane.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
8.28
7.92
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
The Reserve Bank of Fiji (RBF) plays a central role as the regulatory authority overseeing Forex brokers and financial service providers in the country. Fiji's financial sector has made relatively significant strides compared to other economies in the Pacific islands. It encompasses essential elements such as banking, capital markets, and financial services, including Forex brokers. The best Forex brokers in Fiji adhere to RBF regulations, prioritizing client safety and convenience.
While specific figures detailing leverage limits for retail FX traders and compensation are not explicitly outlined by the RBF, this flexibility offers traders ample opportunities. Notably, Fiji's foreign reserves for 2022 were estimated at $1.5 billion, a substantial amount when considering the country's GDP.
