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Dominican Republic

Forex brokers for traders in the Dominican Republic

None of the 50 brokers we review lists a licence from the Superintendencia del Mercado de Valores (SIMV) among the entities we confirmed.

Dominican Republic

The SIMV supervises the securities market under Law 249-17; as far as we could find, it does not license retail forex brokers.

The brokers listed are regulated abroad unless a local licence is shown; we are a review site, not a broker or adviser. Information only, not financial advice.

Every broker we review, for traders in the Dominican Republic

Brokers with a local licence first. Local payment methods and withdrawal times from verified traders in Dominican Republic.

Traded from the Dominican Republic? Share your withdrawal time to help other local traders.

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Frequently asked questions

Short answers, from the facts shown on this page.

Which forex brokers are regulated in the Dominican Republic?

None of the brokers we review lists a licence from the Superintendencia del Mercado de Valores (SIMV) among the entities we confirmed. Check the Superintendencia del Mercado de Valores (SIMV)'s own register before you open an account.

Who regulates forex brokers in the Dominican Republic?

The Superintendencia del Mercado de Valores (SIMV). You can check any firm on its website: https://simv.gob.do.

What is the best forex broker in Dominican Republic?

Among the brokers we review, FP Markets has the highest TFB Score (94/100, Excellent). The right broker still depends on your platform, payment method and budget.

Is FP Markets safe for traders in Dominican Republic?

FP Markets does not list a licence from the Superintendencia del Mercado de Valores (SIMV). It holds 4 licences we matched to a register, 2 tier 1 (ASIC and CySEC). Your protection depends on which FP Markets company opens your account, so check the entity named in your account agreement.

Which broker has the lowest minimum deposit in Dominican Republic?

FP Markets, GO Markets, HFM, IG, Global Prime, FxPro, ActivTrades, BlackBull Markets, OANDA, Saxo, CMC Markets, Interactive Brokers and Equiti list no minimum deposit among the brokers on this page. Minimums can differ by account type and payment method.

Which deposit and withdrawal methods work in the Dominican Republic?

Common local methods the brokers we review list: FP Markets (Card); GO Markets (Bank transfer, Card); Pepperstone (Bank transfer, Card); IC Markets (Card); ThinkMarkets (Bank transfer, Card); HFM (Bank transfer, Card); Tickmill (Card); Vantage (Bank transfer, Card); Admirals (Bank transfer, Card); Eightcap (Card); Fusion Markets (Bank transfer, Card); Axi (Bank transfer, Card); FOREX.com (Bank transfer, Card); IG (Bank transfer, Card); InstaForex (Bank transfer, Card); Exness (Card); Global Prime (Card); JustMarkets (Card); XM (Bank transfer, Card); City Index (Bank transfer, Card); FxPro (Card); FBS (Bank transfer, Card); NAGA (Card); ActivTrades (Bank transfer, Card); Moneta Markets (Card); Trade Nation (Bank transfer, Card); BlackBull Markets (Bank transfer, Card); FXCM (Card); Deriv (Bank transfer, Card); LiteFinance (Card); Markets.com (Bank transfer, Card); OANDA (Bank transfer, Card); AvaTrade (Card); Capital.com (Bank transfer, Card); Trading 212 (Bank transfer, Card); Saxo (Card); CMC Markets (Bank transfer, Card); Interactive Brokers (Bank transfer); Equiti (Bank transfer, Card); eToro (Bank transfer, Card); FXTM (Card); IronFX (Card); Libertex (Card); Plus500 (Bank transfer, Card); Dukascopy (Bank transfer, Card); Alpari (Bank transfer, Card); RoboForex (Card); Hantec Markets (Card).

How fast do brokers pay traders in the Dominican Republic?

We have no verified withdrawal reports from the Dominican Republic yet. Traded from Dominican Republic? Add your withdrawal time in a review.

How do I check if a broker is licensed in Dominican Republic?

Open the Superintendencia del Mercado de Valores (SIMV)'s register (https://simv.gob.do), search the company name and licence number shown on the broker's site, and make sure the company that opens your account is the one on the register.

Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning