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.

Best Forex Brokers in Cambodia

ASEAN (Association of Southeast Asian Nations) member Cambodia is an emerging growth market for Forex brokers. With a population exceeding 16.5 million and tourism being a core pillar of its high-growth economy, Forex transactions are commonplace across Cambodia. Do you trade with the most competitive Cambodian Forex brokers? We look at the options available in our Forex trading in Cambodia review below.

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.
Proprietary copy trading service and mobile app
Excellent choice of currency pairs & competitive trading conditions
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.
Well-balanced asset selection & competitive trading fees
Innovative trading infrastructure & deep liquidity
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.
Reasonable commission-free costs & high leverage with negative balance protection
Quality education for beginner traders & cutting-edge trading 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.
Upgraded MT4/MT5 trading platforms & maximum leverage of 1:1000.
Swap-free Forex trading for all clients & ultra-fast order execution without requotes.
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

  • Exness, Tight spreads + leverage up to 1:2000.
  • Eightcap, Competitive pricing + excellent daily videos.
  • AvaTrade, Highly regulated, choice of fixed or floating spreads.
  • XM, Exception range of assets + negative balance protection.
  • FXGT, Great mix of Forex and crypto assets.

Best Cambodia Brokers Comparison

Year Established
Execution Type(s)
Market MakerECN/STP, Market MakerMarket MakerMarket MakerECN/STP, Market Maker
Minimum Deposit
$10 (based on the account type)
Average Trading Cost EUR/USD
0.6 pips1.0 pips0.9 pips0.1 pips0.1 pips ($1.00)
Average Trading Cost GBP/USD
0.7 pips1.2 pips1.5 pips0.2 pips0.1 pips ($1.00)
Average Trading Cost Gold
12.5 pips$0.12 $0.29 $0.19 $0.15
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Proprietary platformMetaTrader 4, MetaTrader 5, Trading ViewOther, MetaTrader 4, MetaTrader 5, Web-based+MetaTrader 4, MetaTrader 5, Proprietary platformMetaTrader 4, MetaTrader 5
Islamic Account
Negative Balance Protection


In Summary Tight spreads + leverage up to 1:2000

Exness ranks at the top of our Forex trading in Cambodia list as it maintains an excellent mix of regulation and competitive trading conditions, transparency, safety, and low costs. Exness is also a Hong Kong-based Financial Commission member, which includes a €20,000 compensation fund.

The Standard accounts have no minimum deposit requirement, but Cambodian resident Forex traders should consider the Pro account from a minimum deposit of $200 due to cheaper trading costs it affords. Besides MT4/MT5, traders can also use the proprietary Exness Trade App for Android and iOS devices. The Exness Social Trading service complements embedded MT4/MT5 solutions, and traders can fund their accounts using cryptocurrencies as a deposit option.

Read more on Exness »
4.7/5 in this category

Pros & Cons

  • Instant withdrawals, based on the payment system, from a trusted broker with numerous payment methods
  • High level of transparency and financial audits by a Big Four accountancy firm, Deloitte
  • Multi-regulated broker
  • 24/7 multi-lingual customer service
  • No education for beginners


In Summary Competitive pricing + excellent daily videos

Eightcap is an outstanding choice for Cambodian-resident traders who seek cutting-edge trading solutions. MT4 traders benefit from Capitalise AI, which allows algorithmic trading in a code-free environment. MT5 traders get the FlashTrader plugin and cryptocurrency traders Crypto Crusher. The AI-powered economic calendar offers news traders an edge, and algorithmic traders get VPS hosting for low-latency 24/5 Forex trading. Therefore, Eightcap ranks amongst the most competitive brokers on our Forex trading Cambodia list.

Copy traders can use the embedded MT4/MT5 services, while Eightcap connects social traders to the active TradingView community with 50M+ traders, and Eightcap Labs caters to beginners.

Read more on Eightcap »
4.6/5 in this category

Pros & Cons

  • Low minimum deposit and high leverage of up to 1:500
  • Competitive cost structure
  • Excellent technology infrastructure and seasoned management team
  • Daily research and quality educational content
  • Limited leverage in some areas


In Summary Highly regulated, choice of fixed or floating spreads

AvaTrade established itself among the most trusted brokers globally and landed on our Forex trading Cambodia list for its choice of trading platforms. Besides MT4/MT5, Cambodian traders can use the proprietary WebTrader, AvaOptions, and AvaTradeGO for mobile traders. The Guardian Angel MT4/MT5 plugin provides traders with instant feedback, helping them refine their strategies. Services by Trading Central are available via WebTrader and AvaTradeGO.

Capitalise AI allows traders to engage in algorithmic trading in a code-free environment, while Ava Social and DupliTrade cater to copy traders, complementing embedded MT4/MT5 solutions. Ava Protect offers a unique fee-based insurance policy against losing trades.

Read more on AvaTrade »
4.5/5 in this category

Pros & Cons

  • High-quality educational offering via SharpTrader
  • 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


In Summary Exception range of assets + negative balance protection

XM landed on our Forex trading in Cambodia list due to its recent introduction of ultra-low accounts, which offer swap-free trading on select assets. It complements the overall competitiveness XM delivers in its well-regulated trading environment. XM also presents quality education and research for beginners. Traders also get six custom indicators for MT4/MT5, and the MT4 Multiterminal caters to traditional asset management services.

The XM loyalty program rewards active traders, and XM has generous trading bonuses. With a $5 minimum deposit, XM ensures it is accessible to all traders, and its commission-free trading fees rank among the most competitive industry-wide.

Read more on XM »
4.2/5 in this category

Pros & Cons

  • Outstanding trading tools and loyalty program
  • Low minimum deposit, high leverage*, and competitive trading cost
  • Excellent research and education
  • Trustworthy and transparent with generous bonuses and incentives
  • Inactivity fee


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 »
4.1/5 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.

Forex Trading in Cambodia

Our Forex trading in Cambodia review uncovered several trends and confirmed that Cambodia presents a growth opportunity for offshore Forex brokers.

Here are the core facts:

  • Only 25% of Cambodians live in urban centers.
  • Internet connectivity rates are just above 50%
  • Mobile penetration is close to 100%
  • Social media usage is 70%+
  • Copy and social trading are the most popular Cambodian Forex trading strategies.

Forex Regulations in Cambodia

The regulator of the Cambodian financial sector, including the Forex market, is the Securities and Exchange Regulator of Cambodia (SERC). Its principles follow those of more mature market regulators, but Cambodia has few domestic Forex brokers, and the 15 local banks and 30 overseas banks handle the bulk of Forex transactions.

The National Bank of Cambodia (NBC), which has 22 branches, manages monetary and exchange policies, regulates banks and financial institutions, and controls the national currency, the Cambodian Riel KHR.

While Cambodia modernized its financial system, many unregulated Forex brokers remain, posing a capital risk and promoting scams. The problem is made worse by the lack of education concerning finance, especially Forex trading. The brokers from our Forex trading in Cambodia review comply with their regulators and provide educational content to help beginners start with Forex trading in Cambodia.

Choosing the Right Forex Broker in Cambodia

Traders have various requirements based on their strategies, but all competitive Forex brokers share core attributes, as listed in our Forex trading in Cambodia checklist.

Ensure your Forex broker in Cambodia features:

  • Low trading fees
  • Low minimum deposits
  • Copy and (or) social trading.
  • Unlimited, customizable demo accounts
  • A clean regulatory track record spanning 10+ years
  • A choice of low-cost payment processors

How to Start Trading Forex in Cambodia

Mastering trading psychology is a critical aspect that separates profitable traders from those who struggle. It involves learning to manage emotions such as fear and greed, maintaining discipline, and effectively dealing with losses. Traders must navigate through various market conditions while sticking to their trading plan. Developing emotional control, practicing risk management, being patient and disciplined, learning from mistakes, adapting to market changes, and utilizing psychological tools are essential elements in achieving trading success. However, it's important to recognize that mastering trading psychology is a gradual process that requires an investment of time and a commitment to personal growth.

Here are additional tips for your Forex trading journey:

  • Learn how to trade in micro accounts.
  • Use a Forex strategy that suits your personality.
  • Evaluate copy trading signal providers in demo accounts for several months.
  • Deploy appropriate risk management.
  • Allow your trading plan to develop for a few months before adjusting it.
  • Keep a trading journal to help you shorten your learning curve.
  • Have realistic profit expectations and avoid weekly or monthly targets.
  • Trade what opportunities the Forex market gives you and don’t try to force trades you have low conviction in
  • Develop a deposit plan consisting of smaller monthly deposits.
  • Increase your mental strength via regular workouts and a healthy diet.
  • Trade from a quiet, clean location

Forex Trading Platforms in Cambodia

With close to 100% mobile penetration in Cambodia, most traders require user-friendly mobile apps that offer support for copy trading, which is one of the most popular Forex trading strategies. All brokers from our Forex trading in Cambodia list offer the MT4 mobile app, and MT4 has an embedded copy trading service. Most also have proprietary mobile apps that provide a better user experience and integrated copy trading services.

Cambodian Forex traders with algorithmic trading solutions or EAs will benefit from the versatile MT4 desktop software version, which remains the leading Forex trading platform globally. Alternatives consist of MT5 and cTrader.

Forex Payment Methods in Cambodia

All Forex brokers offer bank wires and credit/debit card deposits, which allow Cambodian Forex traders to make deposits in their local currency, the Cambodian Riel. They should factor in possible currency conversion fees, as international Forex brokers do not offer the Cambodian Riel as an account base currency.

Many consumers prefer online payment processors in Cambodia, where ASEAN banks enjoy a dominant position. Most Forex brokers do not offer these as options, given the costs associated with implementing them when considering the potential transaction volumes and profit potential. Skrill emerged as a viable choice, followed by PayPal for Cambodians with a foreign bank account. Therefore, our Forex trading Cambodia review determined that cryptocurrencies could fill this void for many Cambodian Forex traders especially since roughly 75% reside in rural areas.

Risks of Forex Trading in Cambodia

Forex trader’s resident in Cambodia face identical risks as traders from well-established markets, as the basic nature of the decentralized Forex market does not change based on the geographic location of traders.

Our Forex trading in Cambodia review revealed the following primary risks to Forex traders in Cambodia:

  • Failure to dedicate sufficient time to in-depth education before funding live Forex accounts.
  • Unlicensed brokers, fraud, and trading frauds
  • Unrealistic profit expectations
  • Insufficient trading capital

Bottom Line

Cambodia is an emerging Forex market with excellent growth potential, as confirmed by our Forex trading Cambodia analysis. Mobile trading remains the favored method to access the Forex market, with copy trading the preferred strategy, followed by social trading.

The lack of adequate education is the dominant issue, which results in some Cambodian Forex traders falling victim to scams, and the Cambodian market attracts many unlicensed domestic brokers. Therefore, Forex traders in Cambodia should steer towards well-regulated offshore brokers to give themselves the best chance of success.


Can you trade Forex in Cambodia?


Yes, Cambodian residents can trade Forex but should consider well-regulated Forex brokers, given the elevated level of scams and unregulated domestic Forex brokers.

What is the best broker in Cambodia?


The choice of the best Forex broker in Cambodia depends on individual preferences, but it should include low trading fees and a trustworthy operational history spanning 10+ years.

Is Cambodia a free trade country?


Cambodia has signed numerous trade agreements, including bilateral ones, with its partners and is a member of ASEAN.

How can I open a trading account in Cambodia?


All Forex brokers who accept traders from Cambodia have a short online application form. Account verification is mandatory to comply with global KYC/AML regulations, and Cambodian Forex traders should avoid all brokers who do not ask for it.

Is Forex trading legal in Cambodia?


Yes, Forex trading is legal in Cambodia and is regulated by the SERC.

Can you make money with Forex trading in Cambodia?


The Forex market offers every trader the opportunity to make money, but the ability depends entirely on the individual. Up to 90% of traders fail to earn money from Forex trading, as most make the same mistakes.

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.