Uzbekistan FX brokers

Uzbekistan allows and regulates Forex trading. Trusted Forex brokers in Uzbekistan follow the rules of the Central Bank of the Republic of Uzbekistan (CBU), ensuring safety for FX traders and investors. The CBU oversees the country's financial stability. Uzbekistan holds a total nominal GDP of $93 billion, ranking 75th globally. The per capita GDP stands at $3,400, positioning the country at 147th place. While urban areas enjoy stable electricity and internet connectivity, accessing global financial markets is less reliable in many rural parts of Uzbekistan. Rich in resources, Uzbekistan is a significant oil producer with substantial reserves of natural gas, uranium, copper, gold, silver, zinc, and wheat. This diverse wealth makes commodity trading appealing for local traders, leveraging their resource knowledge to gain market advantage. Here, we've compiled a list of the best Forex brokers in Uzbekistan to assist traders in their choices.
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
MT4Copy tradingECNHigh leveragePAMMSignals
Regulations
FSC Belize
Platforms
MT4
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
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
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
FX traders in Uzbekistan benefit from tax-free trading, as there is no capital gains tax applied to Forex trading profits. The Central Bank of the Republic of Uzbekistan (CBU) has yet to establish precise leverage rules for retail Forex traders. This lack of clarity heightens risks for retail traders, emphasizing the importance of opting for experienced FX brokers with strong industry records. Top Forex brokers in Uzbekistan align with investor compensation funds outside the country, as local regulations are not defined in this regard. Uzbekistan offers an appealing landscape for FX trading, boasting fewer restrictions and no taxes. However, risks exist, prompting FX traders to seek brokers regulated by global authorities for maximum safety. Commodity trading, in particular, presents a promising avenue for local traders, given the country's substantial resource exports.

FAQs about Uzbekistan