Compare Forex Brokers in Tanzania

Choose two to four brokers to compare side by side. Listing order is editorial, not a ranking: the right broker depends on your needs.

Choose brokers to compare (2-4)

Deriv HFM XM TemplerFx Exness

Comparison of XM, Deriv, HFM, TemplerFx
Feature	XM	Deriv	HFM	TemplerFx
Regulation	ASIC, CySEC	MFSA	CySEC, FCA, FSCA	Not verified
Tanzania availability	Available in Tanzania	Available in Tanzania	Available in Tanzania	Available in Tanzania
Platforms	MetaTrader 4, MetaTrader 5, Broker web/mobile app	MetaTrader 5, cTrader, Broker web/mobile app	MetaTrader 4, MetaTrader 5, Broker web/mobile app	MetaTrader 4, Broker web/mobile app
Minimum deposit	5 USD	5 USD	5 USD	1 USD
Demo account	Yes	Yes	Yes	Yes
Spreads	Not verified	Deriv MT5 Standard account: spreads from 0.1 pips (source: deriv.com).	Not verified	From 0.1 points on majors on Universal FX and Cent FX; from 1.0 on Muslim FX (source: templerfx.com).
Commission	Not verified	No commission on Deriv MT5 accounts (source: deriv.com).	Not verified	No transaction fee on Universal FX and Cent FX; 5 USD per lot on Muslim FX (source: templerfx.com).
Account types	Micro, Standard, Ultra Low, Shares	Standard, Zero Spread, Swap-Free, Financial, Gold	Cent, Premium, Zero, Pro	Cent FX, Universal FX, Muslim FX, MAM
Deposit methods	Peer-to-peer (P2P), International bank wire, Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), International bank wire, Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Mobile money (TZS), Cryptocurrency (e.g. USDT), International bank wire
Withdrawal methods	Peer-to-peer (P2P), International bank wire, Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), International bank wire, Neteller, Skrill, Visa / Mastercard	Peer-to-peer (P2P), Mobile money (TZS), Cryptocurrency (e.g. USDT), International bank wire
Mobile trading	Yes	Yes	Yes	Yes
Last verified	Not yet verified	Not yet verified	Not yet verified	Not yet verified
Links	Read review Visit website (opens the broker's website in a new tab, affiliate link)	Read review Visit website (opens the broker's website in a new tab, affiliate link)	Read review Visit website (opens the broker's website in a new tab, affiliate link)	Read review Visit website (opens the broker's website in a new tab, affiliate link)

XM

Regulation: ASIC, CySEC
Tanzania availability: Available in Tanzania
Platforms: MetaTrader 4, MetaTrader 5, Broker web/mobile app
Minimum deposit: 5 USD
Demo account: Yes
Spreads: Not verified
Commission: Not verified
Account types: Micro, Standard, Ultra Low, Shares
Deposit methods: Peer-to-peer (P2P), International bank wire, Neteller, Skrill, Visa / Mastercard
Withdrawal methods: Peer-to-peer (P2P), International bank wire, Neteller, Skrill, Visa / Mastercard
Mobile trading: Yes
Last verified: Not yet verified

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Deriv

Regulation: MFSA
Tanzania availability: Available in Tanzania
Platforms: MetaTrader 5, cTrader, Broker web/mobile app
Minimum deposit: 5 USD
Demo account: Yes
Spreads: Deriv MT5 Standard account: spreads from 0.1 pips (source: deriv.com).
Commission: No commission on Deriv MT5 accounts (source: deriv.com).
Account types: Standard, Zero Spread, Swap-Free, Financial, Gold
Deposit methods: Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), Neteller, Skrill, Visa / Mastercard
Withdrawal methods: Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), Neteller, Skrill, Visa / Mastercard
Mobile trading: Yes
Last verified: Not yet verified

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HFM

Regulation: CySEC, FCA, FSCA
Tanzania availability: Available in Tanzania
Platforms: MetaTrader 4, MetaTrader 5, Broker web/mobile app
Minimum deposit: 5 USD
Demo account: Yes
Spreads: Not verified
Commission: Not verified
Account types: Cent, Premium, Zero, Pro
Deposit methods: Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), International bank wire, Neteller, Skrill, Visa / Mastercard
Withdrawal methods: Peer-to-peer (P2P), Cryptocurrency (e.g. USDT), International bank wire, Neteller, Skrill, Visa / Mastercard
Mobile trading: Yes
Last verified: Not yet verified

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TemplerFx

Regulation: Not verified
Tanzania availability: Available in Tanzania
Platforms: MetaTrader 4, Broker web/mobile app
Minimum deposit: 1 USD
Demo account: Yes
Spreads: From 0.1 points on majors on Universal FX and Cent FX; from 1.0 on Muslim FX (source: templerfx.com).
Commission: No transaction fee on Universal FX and Cent FX; 5 USD per lot on Muslim FX (source: templerfx.com).
Account types: Cent FX, Universal FX, Muslim FX, MAM
Deposit methods: Peer-to-peer (P2P), Mobile money (TZS), Cryptocurrency (e.g. USDT), International bank wire
Withdrawal methods: Peer-to-peer (P2P), Mobile money (TZS), Cryptocurrency (e.g. USDT), International bank wire
Mobile trading: Yes
Last verified: Not yet verified

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Compare Forex Brokers in Tanzania

XM

Deriv

HFM

TemplerFx

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