ForexVue

Best Forex Brokers in Ukraine

Laurent Researched and written by Laurent

Ukraine has a large and tech-savvy population with strong interest in retail forex trading. While the NSSMC oversees securities markets, comprehensive forex regulation is still evolving, and most Ukrainian traders use internationally regulated brokers.

Available in: en ru
#1 Editor's Pick

XM Group

A globally recognized multi-asset broker offering access to over 1,000 instruments with ultra-fast execution and multi-tier regulatory oversight across four jurisdictions.

CySEC ASIC DFSA IFSC
Platforms:
MT4 MT5 cTrader TV XM App
Min Deposit
$5
Leverage
1:1000
(1:30 in EU)
Spread From
0.0 pips

All Brokers

#2

Exness

Visit

A high-volume global broker processing over $4 trillion in monthly trading volume, known for instant withdrawals, unlimited leverage on qualifying accounts, and a dominant presence across Asia and Africa.

FCA CySEC FSA +2
Risk Warning 78.79%
Min Deposit $10
ECN Deposit $200
Max Leverage 1:2000 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV Exness Terminal
#3

AvaTrade

Visit

An award-winning CFD broker regulated on five continents, known for its proprietary AvaTradeGO app and extensive educational resources tailored to newer traders.

CBI ASIC FSCA +2
Risk Warning 76%
Min Deposit $100
ECN Deposit
Max Leverage 1:400 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV AvaTradeGO
#4

XTB

Visit

A publicly listed European broker offering commission-free stock investing alongside leveraged CFD trading, powered by its proprietary xStation 5 platform with advanced analytics.

FCA CySEC KNF +1
Risk Warning 71%
Min Deposit No min
ECN Deposit
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV xStation 5
#5

Pepperstone

Visit

An Australian-born execution specialist trusted by active traders for razor-thin spreads, institutional-grade liquidity, and support for all major third-party platforms.

FCA ASIC CySEC +2
Risk Warning 75.5%
Min Deposit No min
ECN Deposit $200
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV
#6

HFM

Visit

A globally regulated multi-asset broker formerly known as HotForex, offering diverse account types with leverage up to 1:2000 and a strong footprint across Africa, the Middle East, and emerging markets.

FCA CySEC DFSA +3
Risk Warning 71.37%
Min Deposit No min
ECN Deposit
Max Leverage 1:2000 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV HFM App
#7

Eightcap

Visit

A fast-growing Melbourne-based broker integrating directly with TradingView, offering raw spreads from 0.0 pips and deep cryptocurrency CFD coverage alongside traditional forex pairs.

ASIC FCA CySEC +1
Risk Warning 76.09%
Min Deposit $100
ECN Deposit $100
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV
#8

ActivTrades

Visit

A London-headquartered broker with over two decades of operation, offering up to £1M in additional insurance coverage and consistently tight spreads on major pairs.

FCA CSSF CMVM +1
Risk Warning 68%
Min Deposit No min
ECN Deposit $1000
Max Leverage 1:400 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV ActivTrader
#9

Deriv

Visit

The rebranded successor to Binary.com with 25+ years of heritage, offering unique synthetic indices that trade 24/7 alongside standard forex and CFD markets.

MFSA LFSA VFSC +1
Risk Warning 70%
Min Deposit $5
ECN Deposit
Max Leverage 1:1000 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV Deriv Trader
#10

Tickmill

Visit

An ECN-focused broker consistently ranking among the lowest-cost providers globally, with raw spreads starting at 0.0 pips and commissions as low as $2 per lot per side.

FCA CySEC FSCA +1
Risk Warning 70%
Min Deposit $100
ECN Deposit $100
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV
#11

IC Markets

Visit

An Australian-born ECN broker renowned for ultra-tight raw spreads and deep liquidity, making it the top choice for scalpers, algorithmic traders, and high-volume professionals worldwide.

ASIC CySEC FSA +2
Risk Warning 70.53%
Min Deposit $200
ECN Deposit $200
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV
#12

Admirals

Visit

Formerly Admiral Markets, a multi-regulated European broker offering an expansive product range of 8,000+ instruments with transparent pricing and strong educational content.

FCA CySEC ASIC +1
Risk Warning 73%
Min Deposit $25
ECN Deposit $100
Max Leverage 1:500 (1:30 in EU)
Platforms
MT4 MT5 cTrader TV Admirals App

This page contains affiliate links. If you open an account through a link on this page, we may receive a commission at no extra cost to you. This does not affect our rankings or reviews. Learn more

Forex Trading in Ukraine

Forex trading in Ukraine is accessible through a range of internationally regulated brokers. The National Securities and Stock Market Commission (NSSMC) provides oversight for financial services in the country, though the scope of domestic forex regulation varies. Many international brokers serving Ukraine traders operate under licenses from tier-1 regulators such as CySEC (Cyprus), FCA (United Kingdom), or ASIC (Australia), providing strong investor protection standards.

When choosing a forex broker in Ukraine, traders should verify the broker's regulatory status, check whether the platform supports deposits and withdrawals in Ukrainian Hryvnia (UAH), and confirm that the broker offers appropriate trading conditions including competitive spreads, reliable execution, and access to the currency pairs most relevant to the local market. Demo accounts are an excellent way to test a broker's platform before committing real funds.

Leverage availability for traders in Ukraine depends on the broker's regulatory jurisdiction. EU-regulated brokers apply ESMA leverage caps of 1:30, while offshore-regulated brokers may offer higher leverage up to 1:500 or more. Higher leverage increases both potential profits and potential losses.

NSSMC Regulation in Ukraine

The National Securities and Stock Market Commission (NSSMC) is responsible for overseeing financial market activities in Ukraine. While the scope of the NSSMC's authority over retail forex trading may differ from that of major international regulators, its presence provides a layer of domestic oversight that traders should consider when evaluating their options.

Many international brokers that accept Ukraine traders hold licenses from well-respected regulators such as CySEC (Cyprus Securities and Exchange Commission), FCA (UK Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or the DFSA (Dubai Financial Services Authority). These licenses require brokers to maintain segregated client accounts, meet capital adequacy requirements, and operate under strict conduct-of-business rules. When choosing a broker, verifying the license directly on the regulator's official website is always recommended.

Forex Trading in Ukraine

Ukraine has a growing interest in online forex trading, though the regulatory landscape has been evolving. The National Securities and Stock Market Commission (NSSMC) has been developing a regulatory framework for forex markets. Many Ukrainian traders use international EU-regulated brokers for strong investor protections.

The Ukrainian Hryvnia (UAH) is not widely offered as an account currency by international brokers. Most Ukrainian traders use USD or EUR accounts. Investment income is taxed at 18% plus a 1.5% military levy. Payment infrastructure may vary depending on current conditions.

Frequently Asked Questions

Is forex trading legal in Ukraine?

Forex trading is accessible in Ukraine, though the regulatory landscape has been evolving. The National Securities and Stock Market Commission (NSSMC) has been working on a regulatory framework for forex markets. Many Ukrainian traders use international EU-regulated brokers.

How are forex profits taxed in Ukraine?

Investment income in Ukraine is generally taxed at 18% personal income tax plus 1.5% military levy (total 19.5%). This applies to forex trading profits. Tax treatment may vary based on the specific instrument. Consult a tax advisor.

What leverage is available for forex traders in Ukraine?

Leverage for Ukrainian traders depends on the broker's jurisdiction. EU-regulated brokers offer leverage capped at 1:30 on major pairs under ESMA rules. International brokers may provide leverage up to 1:500. Given the evolving regulatory landscape in Ukraine, traders should prioritize brokers with strong international regulation.

Can I use international forex brokers from Ukraine?

Yes, many Ukrainian traders use international brokers, particularly those regulated by CySEC, the FCA, and ASIC. The NSSMC has been developing a regulatory framework for forex, but most traders still prefer established EU-regulated brokers for stronger investor protection. Accounts are typically in USD or EUR rather than UAH (hryvnia).

What payment methods can I use for forex trading in Ukraine?

Ukrainian traders can fund accounts via bank transfers from banks such as PrivatBank, Monobank, and PUMB. Visa and Mastercard issued by Ukrainian banks are accepted by most international brokers. E-wallets including Skrill and Neteller are popular alternatives. Deposits in UAH (hryvnia) will be converted to USD or EUR at the broker's exchange rate.