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Best forex brokers on MetaTrader 5 for residents of Oman

This is a filter, not a ranking or a recommendation: lists are ordered by regulatory profile, then alphabetically. We have not verified that any broker shown accepts residents of Oman.

Oman’s regulator is the Financial Services Authority (FSA), which publishes a list of companies that are not licensed. Search it for the exact company name and web address you are dealing with, and ask the broker which company would hold your account.

What qualifies

A broker is on this list if our data shows MetaTrader 5 listed. Availability can differ by entity. The list is ordered by regulatory profile and then alphabetically. It is not a ranking or a recommendation, and we have not checked whether each broker accepts residents of Oman.

11 brokers · Ordered by regulatory profile, then A–Z

AvaTrade

CFD / forex broker
Top-tier regulated

RegulationCentral Bank of Ireland (EU), ASIC, CIRO, JFSA, FSCA 45984; Abu Dhabi licence per earlier reviews

Minimum deposit
$100
Islamic / swap-free
Islamic swap-free account described in earlier reviews
Inactivity fee
50 units after 90 days, rising to 100 after 12 months
Platforms
MT4, MT5, AvaTradeGO, WebTrader

What to checkInactivity fee penalises occasional traders.

ComparisonsAvaTrade vs FXTM · AvaTrade vs XTB

Capital.com

CFD / forex broker
Top-tier regulated

RegulationCySEC 319/17, FCA 793714, ASIC 513393 and others

Minimum deposit
$20 by card
Islamic / swap-free
Sources conflict on an Islamic account
Inactivity fee
Sources conflict: €10/month after a year vs none
Platforms
Own platform, MT4, MT5 (selected regions), TradingView

What to checkIslamic account status and inactivity fee unclear across sources.

ComparisonsExness vs Capital.com · XM vs Capital.com

IG

CFD / forex broker
Top-tier regulated

RegulationFCA 195355, ASIC, BaFin, MAS, FINMA, JFSA, FMA, DFSA (Dubai); IG International (Bermuda)

Minimum deposit
$0
Islamic / swap-free
Swap-free account for Dubai clients…
Inactivity fee
About $18/month after 24 months
Platforms
Own platform, MT4, MT5, ProRealTime, TradingView

What to checkThe swap-free account belongs to the Dubai entity.

ComparisonsXM vs IG

OANDA

CFD / forex broker
Top-tier regulated

RegulationFCA 542574, ASIC 412981 and other tier-one regulators

Minimum deposit
$0
Islamic / swap-free
No swap-free Islamic account offered
Inactivity fee
$10/month after 12 months
Platforms
OANDA Trade, MT4, MT5 (some entities)

What to checkNo Islamic account, which rules it out for traders who need a swap-free account.

ComparisonsHFM vs OANDA

Pepperstone

CFD / forex broker
Top-tier regulated

RegulationASIC, FCA, CySEC, BaFin, DFSA, Kenya CMA, Bahamas SCB

Minimum deposit
$10 (ForexBrokers.com)
Islamic / swap-free
Swap-free Islamic account for eligible clients
Inactivity fee
None
Platforms
MT4, MT5, cTrader, TradingView

What to checkAsk to be placed with the DFSA company if you are in the Gulf.

ComparisonsPepperstone vs FXTM

Equiti

CFD / forex broker
Mixed

RegulationFCA 528328, Jordan JSC 50248, Seychelles FSA SD064, UAE 20200000026, Kenya CMA, Armenia 0011

Minimum deposit
Not stated ($50 minimum withdrawal)
Islamic / swap-free
Sources conflict on swap-free availability and fees
Inactivity fee
None
Platforms
MT4, MT5, EQTrader

What to checkProtection depends on entity; negative balance protection listed as ‘No’.

ComparisonsVantage vs Equiti

Exness

CFD / forex broker
Mixed

RegulationBVI FSC, FSCA, Mauritius FSC, Seychelles FSA, Kenya CMA, Jordan JSC (plus EU/UK entities for those regions)

Minimum deposit
$10
Islamic / swap-free
Swap-free account listed; terms not spelled out
Inactivity fee
None
Platforms
MT4, MT5

What to checkGulf clients are usually placed with an offshore entity; check the company in your agreement.

ComparisonsExness vs Capital.com

FXTM

CFD / forex broker
Mixed

RegulationCySEC, FCA, FSC Mauritius, Kenya CMA

Minimum deposit
About $10
Islamic / swap-free
Islamic swap-free accounts
Inactivity fee
Applies to dormant accounts
Platforms
MT4, MT5, FXTM Trader

What to checkGulf clients are typically with the Mauritius entity.

ComparisonsAvaTrade vs FXTM · HFM vs FXTM · Pepperstone vs FXTM · Vantage vs FXTM

HFM (HotForex)

CFD / forex broker
Mixed

RegulationCySEC 183/12, FCA 801701, DFSA F004885, FSCA 46632, Seychelles SD015, Kenya CMA

Minimum deposit
Not stated (low)
Islamic / swap-free
Swap-free accounts available
Inactivity fee
Not stated
Platforms
MT4, MT5, WebTrader, HFM app, HFcopy

What to checkComplaints centre on bonuses and rejected profits.

ComparisonsHFM vs eToro · HFM vs FXTM · HFM vs OANDA

Vantage

CFD / forex broker
Mixed

RegulationASIC, FCA, FSCA, CIMA (Cayman), FSC Mauritius, VFSC

Minimum deposit
$50
Islamic / swap-free
Swap-free Islamic accounts; administration fee…
Inactivity fee
None
Platforms
MT4, MT5, TradingView, own platform

What to checkGulf accounts usually sit with an offshore entity.

ComparisonsVantage vs Equiti · Vantage vs FXTM

XM

CFD / forex broker
Mixed

RegulationCySEC, DFSA, UAE SCA, FSCA, Kenya CMA, plus Mauritius, Belize and Seychelles

Minimum deposit
Not stated; low
Islamic / swap-free
Swap-free Islamic accounts available…
Inactivity fee
$10/month after 90 days
Platforms
MT4, MT5, own platform

What to checkGulf clients are often placed with XM Global; complaints about cancelled profits and ‘linked…

ComparisonsXM vs Capital.com · XM vs IG

Before you choose

Search the FSA list of unlicensed companies for the exact name and web address you are dealing with, then ask the broker which company would hold your account and under which regulator. Get the answers in writing.

All lists and comparisons for Oman

CFDs and leveraged products carry a high risk of losing your money quickly. This page is information, not legal, financial or religious advice, and it is based on published sources up to October 2026. Rules and warning lists change: check the regulator’s own site before you deposit.

Sources: regulator websites for Oman; our broker catalog, compiled from published reviews and regulator registers (October 2026).