Table of Contents
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Affiliate Disclosure DailyForex.com 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.

Forex Brokers in Lebanon

The Lebanese economy shrank by 53%+ between 2019 and 2021, but Forex trading demand remained stable as a source of income. Before the economic crisis, Lebanese banks and the financial system were known for their stability, growth, and capital reserves.

We have reviewed dozens of leading Forex brokers to create our Forex Brokers Lebanon list with the best trading environments catering to Forex strategies that are popular across Lebanon.

1
4.9/5
The ratings shown on DailyForex.com 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.
A cutting-edge trading environment, superb asset selection, and excellent transparency
Twelve well-structured multi-lesson courses and eleven e-books for beginners
2
4.8/5
The ratings shown on DailyForex.com 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.
Reasonably priced commission-free costs & website in Arabic and French
A well-balanced asset selection, including options, ETFs, and cryptocurrencies
3
4.7/5
The ratings shown on DailyForex.com 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.
Arabic website with 24/5 + 18/2 customer support & webinars for beginner traders
28-plugin Smart Trader Tools package and Autochartist for MT4/MT5

Best Forex Brokers in Lebanon at a Glance

  • MultiBank Group, Deep liquidity with no trading restrictions.
  • AvaTrade, Highly regulated, choice of fixed or floating spreads.
  • Pepperstone, Great ECN execution on MT4 platform.

Best Lebanon Brokers Comparison

Regulators
ASIC, AUSTRAC, BaFin, BVIFSC, CIMA, CySEC, ESCA, FMA, MAS, TFG, VFSCASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFIDASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Year Established
200520062010
Execution Type(s)
ECN/STPMarket MakerNo Dealing Desk, NDD
Minimum Deposit
$50
$100
$200
Average Trading Cost EUR/USD
0.1 pips0.9 pips1.1 pips
Average Trading Cost GBP/USD
0.5 pips1.5 pips1.6 pips
Average Trading Cost Gold
$0.02 $0.29 $0.20
Trading Platform(s)
MetaTrader 4, MetaTrader 5, cTraderOther, MetaTrader 4, MetaTrader 5, Web-based+MetaTrader 4, MetaTrader 5, cTrader, Trading View
Islamic Account
Negative Balance Protection
N/AN/A

MultiBank Group

In Summary Deep liquidity with no trading restrictions

MultiBank has an Arabic and French website with 24/7 customer support, ten regulatory licenses, and 25+ global offices. With a $50 minimum deposit requirement, it ranks among the brokers from our Forex Brokers Lebanon review as the most accessible that also accepts cryptocurrency deposits. Customizable demo accounts exist for MT4/MT5.

Copy traders can use the embedded MT4/MT5 copy trading services or the in-house MultiBank solution. MAM/PAMM accounts offer traditional account management services. VPS hosting delivers algorithmic traders 24/5 low-latency Forex trading, while a cashback program rewards high-volume traders. MultiBank, a leading cryptocurrency CFD broker, maintains a 20% deposit bonus.

Read more on MultiBank Group »
4.9/5 in this category

Pros & Cons

  • 20,000 assets offering broad coverage of financial markets
  • Raw spreads from 0 pips and maximum leverage of 1:500
  • MAM/PAMM accounts and proprietary copy trading platform
  • ECN trading with deep liquidity and no requotes
  • Access to raw spreads requires a $5,000 minimum deposit on the ECN account

AvaTrade

In Summary Highly regulated, choice of fixed or floating spreads

Beginners will benefit from the spun-out Ava Academy, featuring industry-leading education, making AvaTrade the broker from our Forex Brokers Lebanon ranking with the best educational resources. Other beginner tools include the MT4 Guardian Angel plugin and the fee-based Ava Protect insurance policy protecting against trading losses. Passive income seekers can sign up for the high-paying affiliate program with 145,000 registered partners and $300,000,000+ commission payouts.

AvaTrade offers its user-friendly, proprietary WebTrader and mobile app AvaTradeGO, which includes Trading Central, the MT4/MT5 algorithmic trading platforms, and the specialized alternatives Ava Option and Ava Social. Copy traders can also explore DupliTrade.

Read more on AvaTrade »
4.8/5 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

Pepperstone

In Summary Great ECN execution on MT4 platform

Pepperstone offers Capitalise AI, which supports algorithmic trading in a code-free environment, for MT4. It also maintains deep liquidity pools, competitive leverage, same-day withdrawals, VPS hosting for 24/5 low-latency Forex trading, and low trading fees in its commission-based trading accounts. Pepperstone ranks as the broker with the most cutting-edge trading tools from our Forex Brokers Lebanon review.

Traders benefit from a well-balanced asset selection, including Forex, ETFs, and cryptocurrencies. Pepperstone connects social traders with 50M+ at TradingView to share ideas and discuss trading opportunities. Copy traders can use the embedded MT4/MT5, cTrader copy trading services, Myfxbook Autotrade, and DupliTrade.

Read more on Pepperstone »
4.7/5 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

Forex Trading Regulations in Lebanon

The Banque du Liban (BDL), the Lebanese central bank, regulates the financial market but does not actively police online Forex trading. Therefore, all retail online trading occurs via well-regulated offshore Forex brokers like the one from our Forex Brokers Lebanon ranking. The BDL does not require offshore brokers to obtain a license, and there are no restrictions on Lebanese from opening Forex trading accounts.

How Much is Forex Leverage in Lebanon?

Within our Forex Brokers Lebanon analysis, the highest leverage was 1:3000, and most Forex brokers offered the industry-standard 1:500. Automatic stop-outs and negative balance protection exist and ensure traders cannot lose more than they deposit. Forex traders should always use proper risk management when trading leveraged accounts and understand the relationship between leverage and risk management.

Despite offering maximum leverage of up to 1:3000, actual leverage in portfolios is notably lower, a concept most traders and regulators need to differentiate.

How to Start Forex Trading in Lebanon?

Beginners can shorten their learning curve by considering our tips below before opening an account with the brokers from our Forex Brokers Lebanon list.

Here are tips on how to start Forex trading in Lebanon:

  1. Invest sufficient time educating yourself, which will form the foundation of your success as a Forex trader.
  2. Respect Forex trading as a highly skilled profession and approach it as such.
  3. Master trading psychology. It separates unprofitable traders from profitable ones.
  4. Understand the relationship between leverage and risk management. It is paramount to profitable Forex trading.
  5. Consider how leverage magnifies trading profits and losses.
  6. Keep in mind that risk management is as important as your trading strategy.
  7. Build a suitable trading strategy that will reflect your personality.
  8. Look out for low trading costs, as they form the core of a competitive trading environment.
  9. Learn how to place and manage take profit and stop loss levels properly.

What is the Best Trading Platform in Lebanon

Since 80%+ of daily Forex trading volume is algorithmic, MT4 is the best trading platform in Lebanon. It also supports API trading and copy trading, which ranks among popular strategies in Lebanon, while traders can upgrade MT4 via 25,000+ custom indicators, templates, and EAs. All brokers from our Forex Brokers Lebanon review offer MT4. MT5 and cTrader rank second and third best, but they lack the versatility of the MT4 infrastructure.

Forex Trading Taxation in Lebanon

We found no verifiable information about Forex taxation during our Forex Brokers Lebanon review. A capital gains tax of 15% and 17% exists, but it is unclear if it applies to online Forex income.

Additionally, a progressive income tax between 2% and 25% exists, and social security contributions may apply if Forex income is the primary source of income. Therefore, Lebanese Forex traders should consult a legal professional to seek tax advice in Lebanon to ensure compliance with local rules and regulations.

Pros & Cons of Forex Trading in Lebanon

Traders should evaluate the pros and cons of Forex trading in Lebanon before funding an account with the brokers from our Forex Brokers in Lebanon ranking.

The pros of Forex trading in Lebanon are:

  • Lower capital requirements versus other assets
  • Passive income opportunities
  • PAMM/MAM accounts
  • Copy and social trading.
  • Algorithmic and mobile trading
  • 24/5 decentralized trading

The cons of Forex trading in Lebanon are:

  • Lebanon has experienced great economic stability in recent years, which can translate to considerable volatility and unpredictability in forex trading​​.
  • Lebanon's Capital Markets Authority (CMA) has implemented a tough regulatory framework for forex trading, with minimum account sizes and margins that limit leverage possibilities and impact accessibility for smaller investors.

Bottom Line

The brokers on our Forex Brokers in Lebanon list offer Lebanese Forex traders the most competitive and accessible trading environment that gives access to popular Forex trading strategies in Lebanon. These provide low trading fees, a choice of assets, trading tools, and convenient withdrawal methods.

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

FAQs

How can I trade Forex in Lebanon?

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Lebanon-resident Forex traders should start with in-depth education and can then open an account with the brokers from our Forex Brokers Lebanon review.

Is Forex trading legal in Lebanon?

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Yes, Forex trading is legal in Lebanon and continues to grow in popularity after the economic crisis, as Lebanese seek to unlock sustainable income and improve their prosperity.

Does Lebanon have a stock exchange?

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Yes, the Beirut Stock Exchange is the stock exchange in Lebanon.

Can I day trade Forex in Lebanon?

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Yes. Our Forex Brokers Lebanon analysis found neither restrictions nor limitations on day trading Forex.

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.