Best Forex Brokers in Kuwait for 2026

Top forex brokers accepting Kuwaiti traders with Islamic accounts.

James Wilson

Written by

James Wilson

Edith Balazs

Fact Checked by

Edith Balazs

Last reviewed:
By:James Wilson
Fact-checked by:Edith Balazs

Top 10 Forex Brokers for Kuwaiti Traders in 2026

Kuwaiti traders access forex through internationally regulated brokers with Islamic accounts. Exness leads our 2026 rankings, followed by XM and IG, all offering swap-free trading.

Is forex trading legal in Kuwait?

Yes, forex trading is legal in Kuwait. While there is no local forex regulatory body, Kuwaiti traders commonly use internationally regulated brokers with FCA, CySEC, ASIC, or DFSA licenses.

Key Features

Compare broker features for Kuwait.

Broker
ExnessNone$10
XMNone$5
FXTMNone$10
HotForexNone$5
IGNone$250
Pepperstone$3.50/lot$0
Saxo BankNone$2000
IC Markets$3.50/lot$200
Admiral MarketsNone$100
FxProNone$100

Detailed Broker Analysis

Recommended
Most popular in Kuwait
4.5/5App Score

Exness offers instant withdrawals and swap-free Islamic accounts for Kuwaiti traders. Their low minimum deposit and Arabic support make them highly popular.

Forex spread classLow
Minimum deposit$10
Inactivity feeNo
Currency pairs97
Deposit methodsBank, Visa, Mastercard, Crypto, K-Net, Skrill, Neteller
Withdrawal fee$0
Recommended
Arabic support and education
4.3/5App Score

XM offers 24/7 Arabic support and comprehensive educational resources. Their swap-free Islamic accounts are fully compliant with Sharia law.

Forex spread classAverage
Minimum deposit$5
Inactivity feeYes ($5/mo)
Currency pairs57
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
Recommended
Premium DFSA-regulated broker
4.7/5App Score

IG Middle East is DFSA-regulated with world-class platforms and educational resources. Their ProRealTime charting is industry-leading.

Forex spread classLow
Minimum deposit$250
Inactivity feeYes ($12/mo)
Currency pairs80+
Deposit methodsBank, Visa, Mastercard
Withdrawal fee$0
Pepperstone logo
Pepperstone
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Recommended
Raw spreads specialist
4.4/5App Score

Pepperstone offers razor-thin spreads on their Razor account. Islamic accounts available with swap-free trading for Kuwaiti Muslims.

Forex spread classVery Low
Minimum deposit$0
Inactivity feeNo
Currency pairs97
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, PayPal
Withdrawal fee$0
Saxo Bank logo
Saxo Bank
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Recommended
Premium multi-asset platform
4.6/5App Score

Saxo Bank is DFSA-regulated offering premium multi-asset trading. Their SaxoTraderGO platform provides professional-grade tools and research.

Forex spread classLow
Minimum deposit$2000
Inactivity feeNo
Currency pairs185
Deposit methodsBank Transfer, Wire Transfer
Withdrawal fee$0
IC Markets logo
IC Markets
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Recommended
Ultra-low spreads for scalpers
4.4/5App Score

IC Markets provides institutional-grade liquidity with spreads from 0.0 pips. Popular among Kuwaiti scalpers and algorithmic traders.

Forex spread classVery Low
Minimum deposit$200
Inactivity feeNo
Currency pairs61
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee$0
Recommended
Strong Arabic presence
4.2/5App Score

FXTM has strong Arabic support and educational content. Their Islamic accounts and local deposit options make them popular in Kuwait.

Forex spread classAverage
Minimum deposit$10
Inactivity feeYes ($5/mo)
Currency pairs60
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
HotForex logo
HotForex
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Recommended
Diverse account types
4.2/5App Score

HotForex offers multiple account types including copy trading and PAMM accounts. Islamic accounts available for Kuwaiti traders.

Forex spread classAverage
Minimum deposit$5
Inactivity feeYes ($5/mo)
Currency pairs50
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, Crypto
Withdrawal fee$0
Admiral Markets logo
Admiral Markets
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Recommended
Comprehensive trading platform
4.3/5App Score

Admiral Markets provides MetaTrader Supreme Edition with advanced tools. Islamic accounts and Arabic support available for Kuwaiti traders.

Forex spread classLow
Minimum deposit$100
Inactivity feeYes ($10/mo)
Currency pairs80
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller
Withdrawal fee$0
Recommended
Multi-platform broker
4.1/5App Score

FxPro offers multiple platforms including cTrader and MT4/5. Negative balance protection and Islamic accounts available.

Forex spread classAverage
Minimum deposit$100
Inactivity feeNo
Currency pairs70
Deposit methodsBank, Visa, Mastercard, Skrill, Neteller, PayPal
Withdrawal fee$0

Frequently Asked Questions

Yes, forex trading is legal in Kuwait. While there is no local forex regulatory body, Kuwaiti traders commonly use internationally regulated brokers with FCA, CySEC, ASIC, or DFSA licenses.

Yes, most reputable brokers offer swap-free Islamic accounts compliant with Sharia law. These accounts don't charge or receive interest on overnight positions.

Kuwait does not impose personal income tax on individuals, making it attractive for forex traders. However, corporate entities may have different obligations.

K-Net is Kuwait's national payment network. Some brokers like Exness accept K-Net for instant deposits, making funding convenient for Kuwaiti traders.

International brokers offer leverage up to 1:2000 for Kuwaiti traders, though responsible risk management suggests using lower leverage levels.

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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026