Is forex trading legal in Iraq?

Forex trading is regulated in Iraq. The country currently has 1 broker operating under its regulatory framework. Always verify a broker's licence with the local authority before depositing funds.

How do I choose the best forex broker in Iraq?

Look for brokers regulated by Iraq's local authority or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.

Are my funds safe with a Iraq forex broker?

Regulated brokers in Iraq are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.

What leverage is available to traders in Iraq?

Leverage limits vary by jurisdiction. Traders in Iraq may be subject to local restrictions, for example traders in EU-regulated environments are capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Iraq.

Can I trade forex in Iraq on a mobile device?

Yes. Most brokers available in Iraq offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.

BrokerDir.

Regulated

Best Forex Brokers in Iraq

Last updated May 3, 2026

Middle East & North Africa • 1 broker available

Brokers

Lowest Min. Deposit

Active Regulators

5 regulators

Iraq's ISC (Iraq Securities Commission) oversees capital-market activities. Retail forex trading is conducted almost entirely through internationally licensed offshore brokers, as domestic retail FX broker licensing is very limited. Despite significant political and security challenges, Iraq's large population and growing oil revenues have fostered an expanding community of retail traders accessing global markets through offshore platforms.