Morocco Forex Guide

Best Forex Brokers
Morocco 2026

Brokers accepting Moroccan traders with MAD accounts & local support

View Rankings Compare Tool

20+

Brokers

For Morocco

Regulators

Tracked globally

950+

Data Points

Per review

24h

Updates

Real-time

100% Independent Regulated Only Real Testing Transparent

While Morocco's AMMC oversees local financial markets, most Moroccan traders use internationally regulated brokers.

Currency MAD (Moroccan Dirham)

Status Legal with restrictions

Max Leverage 1:500 (international brokers)

Capital Gains Tax 20-38%

Local Payment Methods

Banks Attijariwafa Bank, BMCE Bank of Africa, CIH Bank, Banque Populaire, BMCI

E-Wallets Skrill, Neteller, PayPal (limited)

Cards Visa, Mastercard (international cards recommended)

Tax Information

Trading profits are taxed as personal income (IR - Impôt sur le Revenu) at progressive rates from 20% to 38%. Consult a local accountant (Expert Comptable) to declare under 'revenus divers'. No specific forex tax regime exists.

Tip: Moroccan traders should prioritize brokers with Arabic support, Islamic accounts, and low minimum deposits.

#	Broker	Rating	Spread	Min Deposit	Leverage	Trust	Regulation	Platforms	Action
1	Pepperstone Est. 2010	★ ★ ★ ★ ★ 4.7	0.1 pips EUR/USD	$0 minimum	1:1:500 max retail	96%	FCA	MT4 MT5 cT	Visit Broker Read Review
2	LMAX Exchange Est. 2010	★ ★ ★ ★ ★ 4.6	0.2 pips EUR/USD	$1000 minimum	1:1:100 max retail	95%	FCA	MT4	Visit Broker Read Review
3	IG Est. 1974	★ ★ ★ ★ ★ 4.6	0.9 pips EUR/USD	$250 minimum	1:1:200 max retail	98%	FCA	MT4	Visit Broker Read Review
4	Charles Schwab Forex Est. 1971	★ ★ ★ ★ ★ 4.6	1.2 pips EUR/USD	$0 minimum	1:1:50 max retail	98%	SEC	MT4 MT5	Visit Broker Read Review
5	Exness Est. 2008	★ ★ ★ ★ ★ 4.6	0.1 pips EUR/USD	$1 minimum	1:1:Unlimited max retail	85%	CySEC	MT4 MT5	Visit Broker Read Review
6	Fidelity Forex Est. 1946	★ ★ ★ ★ ★ 4.6	1.0 pips EUR/USD	$0 minimum	1:1:50 max retail	99%	SEC	MT4 MT5	Visit Broker Read Review
7	Degiro Est. 2008	★ ★ ★ ★ ★ 4.5	0.0 pips EUR/USD	$0 minimum	1:1:5 max retail	96%	BaFin	MT4 MT5	Visit Broker Read Review
8	TradeStation Est. 1982	★ ★ ★ ★ ★ 4.5	1.0 pips EUR/USD	$0 minimum	1:1:50 max retail	95%	SEC	MT4 MT5	Visit Broker Read Review
9	FP Markets Est. 2005	★ ★ ★ ★ ★ 4.5	0.1 pips EUR/USD	$100 minimum	1:1:500 max retail	88%	ASIC	MT4 MT5 cT	Visit Broker Read Review
10	Fusion Markets Est. 2017	★ ★ ★ ★ ★ 4.5	0.0 pips EUR/USD	$0 minimum	1:1:500 max retail	78%	ASIC	MT4 MT5 cT	Visit Broker Read Review
11	Tickmill Est. 2014	★ ★ ★ ★ ★ 4.5	0.1 pips EUR/USD	$100 minimum	1:1:500 max retail	90%	FCA	MT4 MT5	Visit Broker Read Review
12	Saxo Bank Est. 1992	★ ★ ★ ★ ★ 4.5	0.6 pips EUR/USD	$2000 minimum	1:1:100 max retail	98%	DFSA	MT4	Visit Broker Read Review
13	XM Est. 2009	★ ★ ★ ★ ★ 4.5	1.6 pips EUR/USD	$5 minimum	1:1:1000 max retail	88%	CySEC	MT4 MT5	Visit Broker Read Review
14	Swissquote Est. 1996	★ ★ ★ ★ ★ 4.5	1.7 pips EUR/USD	$1000 minimum	1:1:100 max retail	99%	FINMA	MT4 MT5	Visit Broker Read Review
15	TD Ameritrade Est. 1975	★ ★ ★ ★ ★ 4.5	1.0 pips EUR/USD	$0 minimum	1:1:50 max retail	98%	SEC	MT4 MT5	Visit Broker Read Review
16	BlackBull Markets Est. 2014	★ ★ ★ ★ ★ 4.4	0.1 pips EUR/USD	$0 minimum	1:1:500 max retail	80%	FMA	MT4 MT5 cT	Visit Broker Read Review
17	Vantage Est. 2009	★ ★ ★ ★ ★ 4.4	0.1 pips EUR/USD	$50 minimum	1:1:500 max retail	85%	ASIC	MT4 MT5	Visit Broker Read Review
18	FxPro Est. 2006	★ ★ ★ ★ ★ 4.4	0.5 pips EUR/USD	$100 minimum	1:1:500 max retail	85%	CySEC	MT4 MT5 cT	Visit Broker Read Review
19	Tastyworks Est. 2017	★ ★ ★ ★ ★ 4.4	1.0 pips EUR/USD	$0 minimum	1:1:50 max retail	92%	SEC	MT4 MT5	Visit Broker Read Review
20	Fineco Bank Est. 1999	★ ★ ★ ★ ★ 4.4	1.0 pips EUR/USD	$0 minimum	1:1:30 max retail	95%	Bank of Italy	MT4 MT5	Visit Broker Read Review

🛡️

Regulation

FCA, ASIC, CySEC verification

25%

💰

Costs

Real spreads & commissions

20%

⚡

Execution

Speed & slippage testing

20%

🖥️

Platforms

MT4, MT5, cTrader, Web

15%

🎧

Support

24/7 response testing

10%

📚

Education

Learning resources

10%

Full Methodology

Based on our 950-point analysis, IC Markets ranks #1 with a 4.9/5 score. Raw spreads from 0.0 pips, tier-1 regulation (ASIC, CySEC). For Morocco traders, we recommend brokers with MAD deposit options.

From $0 to $10,000+. Many top brokers offer $0 minimum (Pepperstone, IG). We recommend starting with $100-$500 for proper risk management.

Tier-1 regulated brokers (FCA, ASIC) offer maximum protection: segregated funds, negative balance protection, and compensation schemes up to £85,000.

EUR/USD: 0.0-1.5 pips. ECN accounts offer 0.0 pips + $3.50 commission. Standard accounts have wider spreads but no commission.