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Jordan Forex Brokers
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Jordan is considered to be a country with relatively strict regulatory structure. However, this fact does not stop Jordan’s Forex market from growing and flourishing, moreover, despite these limitations, Jordan is one of the advantageous countries for Forex trading.
Jordan Forex Platforms
Forex trading is legal in Jordan as long as they are offered by licensed brokerage firms that are regulated by the Jordan Securities Commission (JSC).
- Forex trading platforms can be accessed by Jordanian residents through licensed brokerage firms, and traders can use these platforms to execute trades, access market data and analysis, and manage their trading accounts.
- Also, international forex brokers are available to Jordanian traders, and many of these brokers offer their services to traders around the world, including in Jordan.
- We highly recommend avoiding offshore brokers due to the high risks scams.
Read more about forex trading on Wikipedia.
Jordan trading Pros | Jordan trading Cons |
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Accessibility | Counterparty risks |
Leverage | Scams may attract Jordan traders |
Exposure to global market | |
Strict regulation |
Jordan Forex Regulations
The main regulatory authority in Jordan is the Jordan Securities Commission (JSC). It is a public institution with financial autonomy in Jordan, that was established in 1997 to monitor and regulate Jordan’s financial market and work on investors protection.
We recommend checking JSC’s website jsc.gov.jo for more details on regulations, licensing records etc. also check out their Twitter account – @JSC_Securities
- The JSC is known for its strict regulation policies for the Forex broker. One of the main requirements is to keep company’s and client’s money separated. Noncompliance will lead to penalties or even license suspension.
- According to the JSC’s policies, brokers are not required to provide a compensations scheme or negative balance protection to its traders.
- Forex brokers in Jordan are not allowed to offer leverage higher than 1:20 for forex trading. This is in order to protect traders from taking excessive risks and suffering significant losses, also most of Jordan Brokers are Islamic Account Broker aligned according to Muslim beleif
- The JSC has a large scope of supervision, including the Amman Stock Exchange, the Securities Depository Center, financial services companies, investment funds and certified financial professionals.
- Overall, forex trading in Jordan can be a viable investment option for traders who are willing to understand the risks involved and comply with local regulations.
Read more about the regulator via Wiki.
Top 5 Best Forex Brokers in Jordan
Here’s our list of Brokers in Jordan consists of the Regulated brokers only yet offering Trading to Jordan traders mainly via international entities. Those Brokers are checked and advised by us to invest with, also defined according to the specified criteria and its Trust Scores.
- HFM – Best for Scalping and EA Trading 2024
- BlackBull Markets – Best MT4 Broker in Jordan 2024
- FP Markets – Best Broker for Beginners in Jordan 2024
- Eightcap – Lowest Spread Broker in Jordan 2024
- BDSwiss – Best Overall Broker in Jordan 2024
Is Forex legal in Jordan?
Yes, Forex trading is legal in Jordan and regulated locally by the Jordan Securities Commission.
How to choose best forex broker in Jordan?
To choose the best forex broker in Jordan, you need to consider several factors. First, you should look for a broker that is regulated by a reputable regulatory body , then verify trading conditions, availability of the platforms and education if you’rebeginner.
How to start forex trading in Jordan?
To start forex trading in Jordan, you need to learn the basics, choose a reputable broker, open a trading account, fund it, choose a trading strategy, start trading, and monitor your trades. Remember to never risk more than you can afford to lose and have a solid understanding of the markets and strategies.
Jordan Forex Brokers List
These are the regulated international brokers that accept clients from Jordan. Make sure to choose those with additional Top-tier licenses to ensure safe trading:
Broker | Detail |
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