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High Risk Warning: Trading forex carries a high level of risk.

HomeForexCountries
South Korea
Regulated

Best Forex Brokers in South Korea

Last updated May 3, 2026

East Asia • 5 brokers available

5
Brokers
Key Regulator
FSC Korea
Lowest Min. Deposit
$0
Active Regulators
10 regulators

South Korea's FSC (Financial Services Commission) and FSS (Financial Supervisory Service) regulate financial markets. Retail forex trading is permitted via licensed banks and a small number of financial investment companies. Most internationally recognized retail forex platforms are not directly licensed in Korea.

Top South Korea Forex Brokers

5 brokers

XM

CySEC, ASIC
4.3/ 5

Low minimum deposit, broad bonus program, and strong educational content. CySEC- and ASIC-regulated.

Min. deposit: $5

Spreads from 0.6 pips

Up to 1000:1

Read Review

Capital.com

FCA, ASIC
4.3/ 5

Very low minimum deposit, AI-powered trading insights, zero commission, and strong FCA/ASIC/CySEC regulation - accessible for new traders.

Min. deposit: $20

Spreads from 0.6 pips

Up to 30:1

Read Review

ATFX

FCA, CySEC
4.2/ 5

FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.

Min. deposit: No minimum

Spreads from 1.8 pips

Up to 400:1

Read Review

BlackBull Markets

FSC, FMA
4.1/ 5

New Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.

Min. deposit: No minimum

Spreads from 0 pips

Commission: $6/lot

Up to 500:1

Read Review

GO Markets

ASIC, CySEC
4.0/ 5

True ECN pricing, three platform options, and ASIC regulation - a solid choice for Australian traders though with a higher minimum deposit than peers.

Min. deposit: $200

Spreads from 0 pips

Commission: $5/lot

Up to 500:1

Read Review

Other East Asia Countries

China
China
7 brokers
Hong Kong
Hong Kong
30 brokers
Japan
Japan
11 brokers
Taiwan
Taiwan
7 brokers

Frequently Asked Questions

Forex trading is regulated in South Korea. The country currently has 5 brokers operating under its regulatory framework. Always verify a broker's licence with the FSC Korea before depositing funds.

Look for brokers regulated by the FSC Korea 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.

Regulated brokers under the FSC Korea 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.

Leverage limits vary by jurisdiction. Under FSC Korea rules, traders in South Korea are subject to local leverage restrictions, capped at 1:10 for major pairs. Check the specific broker's terms for the leverage available to residents of South Korea.

Yes. Most brokers available in South Korea 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.

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