Best CFD brokers in Libya
2 of the 7 brokers we review accept residents of Libya. XM is our top pick. Availability last checked 6 October 2026.
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
- 1
Our top pick in Libya
XM
4.6MT4 and MT5 from a $5 deposit, with multiple account types
- Minimum deposit
- $5
- Platforms
- MetaTrader 4, MetaTrader 5, XM app
- Entity for Libya
- Trading Point MENA Limited — DFSA (Dubai)
- CFDs
- Yes
Show pros, cons and feesHide details
What we like
- Very low minimum deposit outside the EU
- MT4 and MT5 plus its own mobile app
- Accepts residents of a very wide list of countries
- Standard, Ultra Low and Shares account types
Watch out for
- Not available in the US, Canada, Israel or the UK
- Most non-EU clients are onboarded by an offshore entity with lighter protection
- Dormant account fee after 90 days without activity
Fees
The Standard account is commission-free with costs built into the spread; the Ultra Low account offers tighter spreads. Swaps apply on positions held overnight. A monthly dormant fee is charged after 90 days of inactivity.
Best for
MetaTrader users with small starting balances.
- 2
IC Markets
4.6Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC)
- Minimum deposit
- From $0 (varies by entity)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader +1
- Entity for Libya
- Raw Trading Ltd (IC Markets Global) — FSA (Seychelles)
- CFDs
- Yes
Show pros, cons and feesHide details
IC EU homepage after the rebrand from IC Markets: raw spreads from 0.0 pips and leverage up to 1:30 for EU retail clients. What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
Best for
Cost-sensitive and algorithmic traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
Trading CFDs from Libya: the rules
Brokers usually serve Libya through an entity licensed in a regional financial centre such as the DFSA in Dubai or the FSRA in Abu Dhabi, or through an offshore entity. Check which entity you are signing with, because protection levels differ.
Which entity will you sign with?
Most brokers run several regulated companies and assign you one based on where you live. For residents of Libya, this is typically:
| Broker | Entity | Regulator |
|---|---|---|
| XM | Trading Point MENA Limited | DFSA (Dubai) |
| IC Markets | Raw Trading Ltd (IC Markets Global) | FSA (Seychelles) |
The broker confirms the entity during sign-up. Always check the legal name in your client agreement.
Brokers not available in Libya
XTB, Interactive Brokers, Freedom24, IQ Option and eToro do not accept residents of Libya according to their published country lists. Opening an account with false residency details breaks the broker's terms and can get your account closed with funds frozen.
- XTB review · XTB alternatives
- Interactive Brokers review · Interactive Brokers alternatives
- Freedom24 review · Freedom24 alternatives
- IQ Option review · IQ Option alternatives
- eToro review · eToro alternatives
Frequently asked questions
What is the best CFD broker in Libya?
XM is our top pick for residents of Libya. MT4 and MT5 from a $5 deposit, with multiple account types.
Which brokers accept traders from Libya?
Of the brokers we review, XM and IC Markets accept residents of Libya.
Which brokers are not available in Libya?
XTB, Interactive Brokers, Freedom24, IQ Option and eToro do not accept residents of Libya according to their published country lists.
Is CFD trading legal in Libya?
Rules differ by country. Brokers that accept residents of Libya do so under their own licences, but local law may restrict trading with foreign brokers or moving money abroad. Check with the local financial regulator if unsure.
Do most traders lose money with CFDs?
Yes. Regulated brokers must publish the share of retail accounts that lose money, and it is typically well above half. Only trade with money you can afford to lose.