Senegal Forex Brokers You Can Trust

Trusted forex brokers in Senegal are licensed and regulated internationally, while the local authority overseeing forex markets and the financial system is the Regional Council for Public Savings and Financial Markets (CREPMF), which is the financial regulatory body of the West African Economic and Monetary Union (WAEMU). The best forex brokers in Senegal are some of the most well-known brokers in the world, licensed by top-tier agencies, such as CySEC, the FCA, etc. Senegal forex brokers offer a wide range of currency pairs, including major, minor and exotic pairs, as well as CFDs and commodities to their clients.
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
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
Situated in West Africa, Senegal has a nominal GDP of $27.5 billion, with a per capita figure of $1,560. The capital gains tax in Senegal is 30%, which is on the higher end in the region. A growing market, the demand for forex trading in Senegal is also on the rise. Traders can access in-demand pairs, such as EUR/USD, GBP/USD, USD/JPY, etc. While the local financial markets are relatively underdeveloped, forex traders in Senegal have exposure to some of the biggest names on the forex brokerage market - both internationally, and from the African continent.

FAQs about Senegal