Table of Contents
Affiliate Disclosure
Affiliate Disclosure adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Top Forex Brokers in Angola

Angola is a fast-growing economy, leading to increased interest in the market by Forex and CFD brokers, and more interest in trading, investment, and speculation from its population. As its financial system has not yet reached an advanced level, Forex and CFD trading in Angola is serviced almost exclusively by offshore international brokers. Our in-depth review reveals the most competitive Forex brokers for the Angola market and includes a quick guide to Forex trading in Angola to provide beginners with the knowledge to make a good start. Read on to learn how to get started and which are the best brokers for you.

The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best all around broker
High floating leverage + fast execution
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
High level regulation in multiple jurisdictions
Impressive range of tradeable assets including vanilla options and gold options
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
ECN-style trading
Daily market research and Autochartist access
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best ECN execution on the MT4 platform
Excellent implementation of cTrader and Smart Trader Tools
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
User-friendly proprietary platform and MT4 access
Excellent selection of cryptocurrencies

Comparison of the Best Forex Brokers in Angola

Year Established
Execution Type(s)
ECN/STP, Market MakerMarket MakerECN/STPNo Dealing Desk, NDDECN/STP, Market Maker
Minimum Deposit
Average Trading Cost EUR/USD
0.1 pips0.9 pips1.1 pips1.1 pips0.1 pips ($1.00)
Average Trading Cost GBP/USD
0.2 pips1.5 pips1.4 pips1.6 pips0.1 pips ($1.00)
Average Trading Cost Gold
$0.18 $0.29 $0.21 $0.20 $0.15
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Proprietary platformOther, MetaTrader 4, MetaTrader 5, Web-based+MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-basedMetaTrader 4, MetaTrader 5, cTrader, Trading ViewMetaTrader 4, MetaTrader 5
Islamic Account
Negative Balance Protection


In Summary Best all-around broker with high floating leverage and fast execution

Algorithmic traders and scalpers will benefit from the cost structure of the FXTM Advantage account, which requires a minimum deposit of $500 but provides traders with raw spreads from 0.0 pips for a commission between $0.80 to $4.00 per 1.0 lot. The cutting-edge order execution technology and access to deep liquidity pools result in an average price improvement of 0.29 pips or $2.90 per lot and an execution speed of 0.072 seconds.

FXTM remains one of the most competitive brokers for Forex trading in Angola, thanks to quality education for beginners, actionable trading signals, and its Pivot Points Trading Strategy as an MT4 plugin.

Read more on FXTM »
5.0/5 in this category

Pros & Cons

  • Excellent commission-based Forex pricing environment and transparency
  • Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
  • Quality market research and educational content for beginner traders
  • A highly regulated broker with a tier-1 license
  • No cryptocurrencies and limited choice of commodities


In Summary Highly regulated, choice of fixed or floating spreads

The trading platform choices at AvaTrade make it an excellent choice for Forex trading in Angola. Besides the proprietary web based AvaTrade WebTrader, AvaOptions, and AvaTradeGO, AvaTrade upgrades the core MT4/MT4 with the Trading Central plugin. It also offers its Guardian Angel MT4 plugin, which provides a layer of protection and analysis by sending traders alerts and assisting with risk management and post-trade analysis. The commission-free cost structure features reasonable costs.

The spun-out SharpTrader Academy at AvaTrade remains one of the highest quality educational resources for beginners, and the partnership program features 70,000+ partners from 150+ counties and 250M+ commission payouts. Social and copy traders at AvaTrade get Ava Social, ZuluTrade, or DupliTrade, and VPS hosting for algorithmic traders.

Read more on AvaTrade »
4.9/5 in this category

Pros & Cons

  • High quality educational offering via AvaAcademy
  • Excellent choice of trading platforms catering to various trading needs
  • Broad asset selection and cross-asset diversification opportunities
  • Well-regulated and trusted broker with oversight from a central bank
  • Trading costs competitive but nothing special

FP Markets

In Summary ECN trading with leverage up to 1:500

FP Markets upgrades the out-of-the-box MT4/MT5 trading platforms with twelve plugins and Autochartist, creating a potential edge for Forex traders. The NDD order processing, deep liquidity, lack of requotes, and high leverage create ideal conditions for scalpers and algorithmic traders. FP Markets also provides MAM/PAMM accounts, serving Forex Trading in Angola with a well-trusted and competitive environment for account management services.

Beginner traders get quality education, including videos and webinars, and FP Markets publishes in-house research, while VPS hosting is available for low-latency 24/5 market access. Copy traders may use the embedded MT4/MT5 services, FP Markets Copy Trading, or Myfxbook Autotrade. The commission-based cost structure features raw spreads from 0.0 pips for a commission of $6.00 per round lot.

Read more on FP Markets »
4.8/5 in this category

Pros & Cons

  • Choice of trading platforms and auxiliary trading tools
  • Very competitive cost structure and excellent asset selection
  • Low minimum deposit requirement and leverage of up to 1:500
  • Well-regulated and trustworthy
  • Availability of Iress geographically restricted


In Summary Great ECN execution on MT4 platform

Pepperstone, founded in 2010 and headquartered and regulated in Australia, the U.K., and Dubai, is probably the most well-known ECN Forex broker in the world. As an ECN broker, Pepperstone offer raw spreads and low commissions. Taken together, Pepperstone’s “Razor” account offers one of the most competitive costs of trading in Forex that you will find anywhere. In addition to their global headquarters in Australia, Pepperstone also have presences in London, England, where they enjoy full regulation by the Financial Conduct Authority (FCA), and in Dubai, where they are regulated by the Dubai Financial Services Authority (DFSA).

Read more on Pepperstone »
4.6/5 in this category

Pros & Cons

  • Excellent choice of trading platforms consisting of MT4/MT5, and cTrader
  • Market-leading MT4/MT5 upgrade package, Autochartist, and API trading
  • Social trading support via Myfxbook, MetaTrader Signals, and DupliTrade
  • Leverage of up to 1:30 and superb trade execution
  • Demo accounts have 30-day time limits


In Summary Great mix of Forex and crypto assets

South African broker Global GT, founded in 2020, offers the novel approach of combining Forex and cryptocurrency trading under one roof. It supports its business model by accepting cryptocurrencies for both deposit and withdrawal and as account base currencies. With a minimum deposit of $5 and maximum leverage of 1:1000 plus negative balance protection, Global GT offers South African traders a trusted domestic broker with a competitive product and services portfolio. The six-tier dynamic leverage system ensures that risk remains in check and supports traders with their risk management. Traders seeking the best trading conditions at Global GT will get them in the ECN account for a low minimum deposit of $250.

Global GT remains a genuine African broker with regulatory licenses from the South African FSCA and the Seychelles FSA plus a capital adequacy ratio of 40%. Both regulators continue to gain confidence from global brokers, offering a competitive mix of trusted regulation and a competitive business environment. Global GT offers traders the out-of-the-box MT5 trading platform and maintains two bonus offers. Global GT delivers on its hybrid Forex-cryptocurrency business model and supplements a competitive choice of cryptocurrencies with synthetic crypto pairs.

South African Forex traders looking for a trusted broker with a secure trading environment and choice of cryptocurrency assets alongside Forex should consider Global GT. The trading conditions are competitive, and Global GT remains well-positioned to grow in lockstep with the cryptocurrency market.

Read more on FXGT »
4.5/5 in this category

Pros & Cons

  • Deposit bonuses and financial transactions in cryptocurrencies
  • Tier1 liquidity aggregation and low latency trade execution
  • Good cryptocurrency selection, including synthetic cryptocurrency pairs
  • Low minimum deposit and high leverage with negative balance protection
  • Clients resident in USA, EU, and UK not accepted.

  • FXTM, Best all-around broker with high floating leverage and fast execution.
  • AvaTrade, Highly regulated, choice of fixed or floating spreads.
  • FP Markets, ECN trading with leverage up to 1:500.
  • Pepperstone, Great ECN execution on MT4 platform.
  • FXGT, Great mix of Forex and crypto assets.

How to Choose the Best Forex Broker in Angola

Forex trading in Angola relies almost exclusively on international offshore online brokers, and we have created a checklist for Angolan residents to ensure they select a competitive broker from this category.

The most competitive Angolan Forex brokers will provide the following:

1. Regulation - Trading with a regulated Forex broker ensures deposits and profits are safe and accessible, as the Forex market, especially in emerging and frontier markets, witnesses many scams and frauds.

2. Local-currency accounts - International online brokers usually do not quote the Angolan Kwanza, the local currency of Angola, but offer the most liquid and widely traded currency pairs.

3. Local payment methods - Low-cost and secure online payment processors and cryptocurrencies present the most efficient payment methods for Forex trading in Angola, so it is worth checking which options are accepted by any broker.

4. Spread sizes - Major currency pairs should start from 0.0 pips in commission-based accounts and not exceed 0.7 pips in commission-free alternatives, on the benchmark EUR/USD currency pair.

5. Fees - Active traders should ensure commissions do not exceed $6.00 per round lot and look for volume-based rebate programs.

6. Products - Competitive Forex brokers list 60+ currency pairs, supporting a wide range of strategies and offering Forex diversification.

7. Asset diversity - Forex traders can diversify portfolios with commodities, index CFDs, and cryptocurrencies where offered.

8. Customer service in native language - Since Portuguese is the official language of Angola, Angolan resident Forex traders can view the websites of many Forex brokers in Portuguese and receive customer support in a home language.

9. Account type diversity - Brokers usually offer a commission-free and a commission-based account structure, sometimes with sub-account choices. Swap-free Islamic accounts also exist.

10. Demo account - A demo account is ideal for bug-fixing algorithmic trading solutions and testing EAs.

11. Mobile trading - Many Angolan Forex traders prefer mobile trading, which is ideal for copy trading and account monitoring.

12. Deposits/Withdrawals - Deposits are generally free, while third-party withdrawal costs may apply, dependent on the payment processor.

Forex Trading Regulations in Angola

The Banco Nacional de Angola (BNA) is the Angolan central bank and financial regulator. While it regulates physical Forex trading for licensed market participants like banks, this does not extend to online retail trading, which uses derivative contracts like CFDs and involves no physical exchange of currencies. Therefore, Angola has no international online Forex brokers with a local license. Angola has no restrictions on domestic Forex traders opening offshore accounts, and almost all international brokers accept Angolan resident Forex traders.

The brokers listed on this page have established themselves as well-trusted brokers with multiple regulatory licenses and have clean operational records. They rank among the most secure Forex brokers, giving Angolan resident Forex traders peace of mind amid widespread scams and fraud targeting beginner traders.

How to Start Forex Trading in Angola

Successful Forex traders in Angola share core action steps, outlined below.

Beginners should consider the following steps when Forex trading in Angola:

1. Since Forex trading is a high-skilled profession, in-depth education remains the first step, regardless of the trading strategy used, even for copy traders or those seeking managed account services. Education also helps Forex traders to correctly recognize scams and frauds.

2. Trading with one of the Forex brokers listed here ensures Forex traders can potentially enjoy a competitive edge.

3. Forex traders should choose a suitable strategy, determine an appropriate risk management profile, and define goals with realistic expectations.

4. Beginners should avoid the demo trap, as fully learning Forex trading in a broker demo account is impossible, just like learning a professional sport in a video game is unattainable. The lack of trading psychology in demo accounts makes them educational tools but not a full simulation. Learning in a live account with a smaller deposit remains the most effective Forex education but will probably result in trading losses. Traders can consider this the price for education.

5. Price action reacts to market events, and Forex traders should follow economic, monetary, and political events that are relevant to the currency market.

6. Emotional trading is something that new Forex traders must learn to avoid. Therefore, traders should place hard take profit and stop loss levels with their order before entering a trade, to help protect against this.

Risks of Forex Trading in Angola

Before beginners consider Forex trading in Angola, which can provide life-changing opportunities, they should consider the associated risks. Knowing the risks will allow beginner traders to take the necessary steps to avoid them.

Forex trading in Angola features the following primary risks:

  • Unrealistic trading expectations, often due to marketing campaigns by questionable Forex brokers and affiliates.
  • Absence of necessary trading infrastructure, like a stable internet connection, lack of innovative software, and a quiet location to trade.
  • Insufficient trading capital, causing inefficient trading, frustration, and mistakes.
  • Overtrading resulting from insufficient capital and unrealistic profit expectations.
  • Over-reliance on demo accounts as a simulative tool.
  • Scams and frauds targeting beginner traders, possible amid the absence of in-depth Forex education.

Bottom Line

Forex trading in Angola offers potentially life-changing opportunities. The young and tech-savvy population segment remains the core driver for online Forex trading. While the Angolan central bank regulates physical Forex trading, it does not apply to online derivative trading. Therefore, Forex trading in Angola relies mostly on well-trusted international Forex brokers.

Beginners should invest sufficient time in their Forex education, available online and free, avoid paid-for courses, and not rush the process, as it forms the foundation for success. Education also helps first-time traders to recognize scams and fraud which unfortunately remain widespread in the Forex / CFD market.

Forex trading is a high-skilled profession that demands respect and dedication, but it will reward committed market participants who approach it with realistic expectations and a proper mindset. The best Forex brokers shortlisted here provide traders with competitive and trustworthy platforms to succeed.

You might also be interested in reviewing the below top brokers:


Which African country trades Forex the most?


While precise data is unavailable, many analysts conclude that Nigeria has the largest retail market, followed by South Africa and then Kenya.

Can you trade Forex in Africa?


Forex trading is available in all African countries, usually via international offshore Forex brokers. Africa is a core growth market, especially in fast-growing economies like Angola.

How much money do you need to start trading Forex in Angola?


It depends on individual circumstances and profit expectations. Beginners should consider a minimum deposit between $500 and $2,000, if possible, with smaller follow-on deposits until their portfolio reaches the necessary size to achieve targets within a reasonable risk profile.

Christopher Lewis
About Christopher Lewis

Christopher Lewis has been trading Forex for several years. He writes about Forex for many online publications, including his own site, aptly named The Trader Guy.