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Trading forex (currencies) in Ukraine is popular among residents. While recommended, forex brokers are not required to become authorised by the National Securities and Stock Market Commission (SSMCS) to accept residents of Ukraine as customers.
The National Securities and Stock Market Commission is the financial regulatory body in Ukraine. Website: https://www.nssmc.gov.ua. The SSMCS does not have any social media accounts to follow.
The SSMCS was established in 1995 and is responsible for monitoring state regulation of securities and the stock market. For a historical breakdown, here's a link to the National Securities and Stock Market Commission webpage on Wikipedia.
Best Forex Brokers Ukraine
Here is our list of the best forex brokers in Ukraine.
- IG - Best Overall Broker 2020
- Swissquote - Best banking services
- Saxo Bank - Best VIP client experience
- Interactive Brokers - Best for professionals
- FOREX.com - Great platforms and pricing
- City Index - Excellent all around offering
- XTB - Best customer service, great platform
- eToro - Best copy trading platform
- FxPro - 4.0 Stars
Ukraine Forex Brokers Comparison
Compare Ukraine authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Trust Score.
|Forex Broker||Accepts UA Residents||Average Spread EUR/USD - Standard||Minimum Initial Deposit||Trust Score||Overall||Visit Site|
|FP Markets||Yes||1.140||$100 AUD||81||N/A|
How to Verify SSMCS Authorisation
Unfortunately, the SSMCS does not provide a list of authorized forex brokers; however, residents can contact the SSMCS directly to verify authorisation.
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For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.
While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. Learn more about how we test.
Forex Risk Disclaimer
"There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more.