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C CaspianFX
Independent · regulation-checked · the honest local picture

The independent guide to forex brokers for the Caucasus & Central Asia

Honest, regulation-checked broker reviews for Georgia, Kazakhstan and Azerbaijan — the real local legal status, funding rails and KYC, in plain English. We are not a broker; we help you choose one safely. Forex and CFD trading is high-risk.

7
brokers reviewed
3
markets covered
7
swap-free options
  • Independent Brokers can't pay for ranking
  • Regulation-checked FCA · ASIC · CySEC · DFSA
  • Honest local picture The real legal status, not hype

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Forex brokers at a glance

Independently selected and regulation-checked. Swap-free account options are flagged. We do not publish star ratings until a hands-on review is complete — we will not invent numbers.

Exness Est. 2008
Swap-free
Regulation
FCACySECFSCA
Platforms
MT4 · MT5 · Exness Terminal
XM Est. 2009
Swap-free
Regulation
CySECASICFSC
Platforms
MT4 · MT5 · XM App
FBS Est. 2009
Swap-free
Regulation
CySECASICFSC
Platforms
MT4 · MT5 · FBS App
IC Markets Est. 2007
Swap-free
Regulation
ASICCySECFSA
Platforms
MT4 · MT5 · cTrader
Pepperstone Est. 2010
Swap-free
Regulation
FCAASICCySEC
Platforms
MT4 · MT5 · cTrader
FP Markets Est. 2005
Swap-free
Regulation
ASICCySECFSCA
Platforms
MT4 · MT5 · cTrader
Octa Est. 2011
Swap-free
Regulation
CySECFSCA
Platforms
MT4 · MT5 · OctaTrader

Reviews

Featured brokers

Exness

Est. 2008 · Exness Partners

Swap-free
FCAUnited KingdomCySECCyprusFSCASouth AfricaFSASeychelles

Founded in 2008, Exness is a large global broker known for fast, often automatic withdrawals and a swap-free account option. It holds multiple regulatory licences (FCA, CySEC, FSCA, Seychelles FSA); the entity that serves your country is typically not the top-tier one, so verify it before depositing.

Platforms: MT4 · MT5 · Exness Terminal · Exness App

XM

Est. 2009 · XM Partners

Swap-free
CySECCyprusASICAustraliaFSCBelize

Established in 2009, XM serves traders in 190+ countries with multi-regulatory coverage (CySEC, ASIC, Belize FSC), a beginner-friendly MT4/MT5 setup and a swap-free account option — a widely-used, broadly-available choice.

Platforms: MT4 · MT5 · XM App

FBS

Est. 2009 · FBS Partners

Swap-free
CySECCyprusASICAustraliaFSCBelize

Founded in 2009, FBS is a global broker with a large emerging-markets user base, MT4/MT5 support and a swap-free account option. It operates through several licensed entities (including CySEC and ASIC arms); confirm which entity serves your country on the relevant register before depositing.

Platforms: MT4 · MT5 · FBS App

IC Markets

Est. 2007 · IC Markets Partners (IB)

Swap-free
ASICAustraliaCySECCyprusFSASeychelles

Operating since 2007, IC Markets is an Australia-founded broker known for raw-spread ECN-style pricing and a broad platform line-up (MT4, MT5, cTrader, TradingView). It holds ASIC, CySEC and Seychelles FSA licences; verify the entity that serves your country before depositing.

Platforms: MT4 · MT5 · cTrader · TradingView

Pepperstone

Est. 2010 · Pepperstone Partners

Swap-free
FCAUnited KingdomASICAustraliaCySECCyprusDFSADubai (DIFC)

Founded in 2010, Pepperstone pairs strict-tier oversight (FCA, ASIC, CySEC, DFSA) with raw-spread pricing and a broad platform line-up (MT4, MT5, cTrader, TradingView) plus a swap-free account option — a strong, well-regulated all-rounder.

Platforms: MT4 · MT5 · cTrader · TradingView

FP Markets

Est. 2005 · FP Markets Partners (IB)

Swap-free
ASICAustraliaCySECCyprusFSCASouth AfricaDFSADubai (DIFC)

Operating since 2005, FP Markets pairs ASIC/CySEC/FSCA/DFSA oversight with raw ECN-style pricing, a broad platform line-up (MT4, MT5, cTrader, TradingView) and a swap-free account option — a long-established choice. Confirm it accepts your country and verify the serving entity before depositing.

Platforms: MT4 · MT5 · cTrader · TradingView

Octa

Est. 2011 · Octa Partners

Swap-free
CySECCyprusFSCASouth Africa

Founded in 2011, Octa is a global broker with CySEC and FSCA-licensed entities, MT4/MT5 and its own OctaTrader platform, plus a swap-free account option. Note: Octa does not serve Kazakhstan, so it is excluded from our Kazakhstan coverage; verify acceptance and the serving entity for your country before depositing.

Platforms: MT4 · MT5 · OctaTrader

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