ASIC, CySEC, DFSA +2 more
Trusted Forex brokers in Gabon
Gabon, officially known as the Gabonese Republic, is a country located in Central Africa. It shares borders with Equatorial Guinea, Cameroon, the Republic of the Congo, and the Gulf of Guinea. The capital city is Libreville, and its population is around 2.3 million people.
The economy of Gabon is closely tied to oil, which contributes significantly to its GDP and government finances. However, a significant portion of the population lives in poverty, and the country's financial sector is not as developed as in some other places.
Forex trading is not widely practiced in the country, and the top Forex brokers in Gabon are typically international companies. This is due to lower levels of financial knowledge among the population and the less advanced state of the local financial sector.
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
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 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
Gabon's Forex brokers operate under the guidelines of the Central African Economic and Monetary Community (CEMAC) through the oversight of the Regional Banking Commission (CRB).
The CRB's regulations regarding leverage for retail traders may not be very explicit, which gives brokers some flexibility to offer higher leverage options. Unfortunately, there isn't a well-defined compensation plan for traders and investors in case a broker goes out of business.
Overall, Gabon's economy relies heavily on oil and the financial sector is not as developed as in more mature markets. The regulations for Forex trading are set by the CRB, which operates beyond Gabon's borders. To ensure safety for traders and investors, the best Forex brokers in Gabon are those that are regulated by the CRB and other reputable international regulatory bodies.
