Uganda's No. 1 FX Marketplace

Find the right
Forex broker

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  • Discover and compare top-rated Forex brokers
  • 180+ independently written broker reviews
  • Explore in-depth educational resources

The Secrets to Successful Forex Trading

Forex trading is accessible to everyone and offers the potential for significant returns, but it is important to approach it cautiously to avoid losing money. Forex traders in Uganda should choose a reputable and regulated broker to avoid getting scammed, educate themselves on Forex trading, create a trading plan and stick to it, develop a risk management strategy, practice trading on a demo account, stay informed and educated, and follow the global financial market news.

Best Brokers in Uganda

Discover the top Forex brokers in Uganda. Compare top platforms, fees and features to make an informed trading choice.

Forex News

Covering market events, analysis, industry trends and broker news. Stay on top of the Forex market - check out the latest updates now

FxScouts Podcast

Let's Talk Forex: A beginner-friendly podcast covering Forex basics, tips, and strategies. Tune in now and start mastering currency trading with expert guidance

Unbiased Expertise

Independent, in-depth reviews and comparisons of all top tier-regulated Forex brokers, empowering you to make informed choices.

Educational Resources

Comprehensive guides for all levels, from the basics of Forex to advanced strategies tailored for your experience.

Transparent Information

A focus on facts, accuracy, and up-to-date data to give you the insights you need to succeed in your Forex journey.

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Best Brokers for Beginners

The best Forex brokers for beginners are regulated to ensure protection from fraud and have a user-friendly trading platform for a stress-free trading experience. They offer comprehensive trading education and a demo account so beginners can learn to trade without risking money. They also have low costs and reliable customer support in case technical issues arise.

Best Forex Brokers in Uganda

We have thoroughly evaluated top financially regulated brokers that accept Ugandan traders. Your feedback is an important part of this evaluation, and we always incorporate the views of real traders when we make a recommendation. With our comprehensive guide, traders of all budgets and preferences will find a broker that fits their needs.

Pepperstone

Regulated and Trusted Globally

4.61
/ 5
Extensive Platform Variety
AvaTrade

Comprehensive Trading Tools & Platforms

4.59
/ 5
Extensive Asset Range with Unique Instruments
NAGA

Comprehensive Social Trading Platform

4.14
/ 5
Multi-Platform Accessibility
XM

Beginner-Friendly Platform

4.45
/ 5
Low trading costs and minimum deposits
Exness

Ultra-Low Trading Costs

4.32
/ 5
Extensive Forex and Crypto Offerings
XTB

Low-Cost Trading with No Minimum Deposit

4.49
/ 5
Proprietary Award-Winning Trading Platform
HFM

Best for Copy Trading

4.53
/ 5
Low Deposit, Low-Cost Accounts
Axi

Robust Regulation and Safety

4.44
/ 5
Low-Cost Trading with Advanced Tools
FBS

Low-Cost Entry for Beginners

4.33
/ 5
Comprehensive Cryptocurrency Trading
IC Markets

Great range of trading tools

4.46
/ 5
Lowest cost Raw Account
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About us


FxScouts Group was founded in 2011 to help Forex traders get the best start to their trading careers. We review brokers, offer trading education, and issue warnings on scam brokers. We also host a weekly podcast, and our YouTube channel is full of helpful tips and discussions about the latest market events. Our editorial team maintains up-to-date reviews on 180+ brokers and uses local expertise to provide accurate information for traders in over 20 countries and regions.

FxScouts.com is wholly owned and operated by FxScouts Group AB. FxScouts Group AB is registered in Sweden and owns and manages all the brands and domains in the FxScouts network. Click through for more on our global presence.

Most Compared Brokers in Uganda in February 2025

These are the most requested broker comparisons in Nigeria. These are the areas that matter most to us:

  • Regulation: Safety and security are non-negotiable.
  • Transparent Fees: Keep your hard-earned profits.
  • Diverse Assets: Stocks, forex, indices – variety is key
  • User-Friendly Platforms: Finding the right platform is crucial.

Let’s cut through the noise! Compare these in-demand brokers and discover the best fit for your trading journey.

Pepperstone
XM
FCA, ASIC
Regulators
CySEC, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0 pips
Min. Spread
0.6 pips
USD 0
Min. Deposit
USD 5
AvaTrade
Pepperstone
ASIC, FSCA
Regulators
FCA, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.9 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0
NAGA
Fibo Group
CySEC, FSA-Seychelles
Regulators
CySEC, BaFin
1000:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0.2 pips
USD 10
Min. Deposit
USD 0
XM
HFM
CySEC, ASIC
Regulators
CySEC, FCA
30:1
Leverage
2000:1
MT4, MT5
Platforms
MT4, MT5
0.6 pips
Min. Spread
0.0 pips
USD 5
Min. Deposit
USD 0
Exness
Pepperstone
FSCA, FSA-Seychelles
Regulators
FCA, ASIC
Unlimited:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0 pips
USD 3
Min. Deposit
USD 0
XTB
Exness
CySEC, FCA
Regulators
FSCA, FSA-Seychelles
30:1
Leverage
Unlimited:1
xStation5
Platforms
MT4, MT5
0.8 pips
Min. Spread
0.1 pips
USD 0
Min. Deposit
USD 3
HFM
IC Markets
CySEC, FCA
Regulators
CySEC, FSA-Seychelles
2000:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0.1 pips
USD 0
Min. Deposit
USD 200
Axi
BlackBull Markets
FCA, CySEC
Regulators
FMA, FSA-Seychelles
500:1
Leverage
500:1
MT4
Platforms
MT4, MT5
0.0 pips
Min. Spread
0.1 pips
USD 0
Min. Deposit
USD 0
FBS
Pepperstone
CySEC, ASIC
Regulators
FCA, ASIC
3000:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.7 pips
Min. Spread
0 pips
USD 5
Min. Deposit
USD 0
IC Markets
Pepperstone
CySEC, FSA-Seychelles
Regulators
FCA, ASIC
30:1
Leverage
30:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0 pips
USD 200
Min. Deposit
USD 0

                

Forex news

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Every week, we publish a round-up of the most important Forex trading news, including market analysis, broker news, regulatory changes, and the latest developments in the Forex industry.

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