ASIC, CySEC, DFSA +2 more
Jordan Forex brokers
Forex trading is completely legal and regulated in Jordan, which reduces the risks associated with this business. The oversight of Jordan Forex brokers is the responsibility of the Jordan Securities Commission (JSC). Their role is to oversee the operations of brokers within the country and safeguard the interests of investors.
All Forex brokers are required to secure a license from the JSC. Given Jordan's economic dependence on trade, tourism, and financial services, Forex trading has gained popularity. This has led to the growth of a well-established financial sector, with several reliable brokers offering their services to traders in Jordan.
The country's commitment to diversify its energy sector ensures consistent electricity and internet access for local traders, allowing them to seamlessly participate in global financial markets.
Jordan holds the 93rd position in terms of total nominal GDP, estimated at $47 billion in 2022. Likewise, its purchasing power parity GDP also ranks 93rd at $122 billion.
Below is a list of the top Forex brokers in Jordan, ensuring a secure trading environment for investors.
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
Forex trading profits in Jordan are exempt from capital gains tax, providing local traders with the advantage of tax-free speculation in financial markets. The best Forex brokers in Jordan extend leverage of up to 1:500 to retail Forex traders, a notably high leverage ratio that enables traders to begin trading even with a modest budget.
The maximum compensation available to eligible investors in Jordan is capped at JOD 15,000 (Jordanian Dinars) per investor, per brokerage firm.
Jordan ranks 65th in terms of average monthly wages, which stand at 637 USD. The relatively low income prompts Jordanians to explore additional sources of earnings, making participation in financial markets an attractive option for supplementing their monthly income.
Overall, the most trusted Forex brokers in Jordan are under strict regulation, maintain a clearly defined leverage policy, and cater to traders seeking extra income each month.