Top Forex brokers in Peru: trading currency pairs, commodities, CFDs, Cryptocurrencies and Binary Options - TopForex.Trade

Top Forex brokers in Peru: trading currency pairs, commodities, CFDs, Cryptocurrencies and Binary Options

Forex trading in Peru: a brief overview of the Peruvian economy, Top Forex brokers, popular trading instruments including Binary Options and Cryptocurrency with the possibility of Copy trading and using the VPS server, as well as various bonuses up to $5000 on the first deposit.

The economy of Peru: general information

Peru Top Forex brokers

The economy of Peru is an agro-industrial economy and is in sixth place in Latin America after Brazil, Mexico, Argentina, Colombia, and Chile. The basis of its sustainability is the presence of significant deposits of minerals, natural conditions favorable for agricultural activities, and a population of 30 million.

The country ranks 47th in the world in terms of the development of its production capacities and provides more than 200 billion dollars of GDP, 40% of which is occupied by industry. A little more is provided by the service sector – 50%, agriculture is much less, bringing only 8.5%.

With large reserves of gold, silver, copper, zinc, lead, tin, iron, bismuth, tungsten, etc., Peru developed its mining industry. Today, the country is one of the world’s largest producers and exporters of the entire set of listed natural resources: there are 82 oil and 3 gas fields. The manufacturing industry operates on the basis of extracted mineral raw materials. Its main areas are steel production, metal processing, oil refining, chemical industry, food industry, pharmaceuticals, textile production, and vehicle assembly. The products of these industries form the basis of the export potential of the state, not counting the mining sector. 

Due to a widely organized agriculture, which employs almost 40% of the country’s working population, it is possible to collect and process rice, cotton, sugarcane, potatoes, corn, barley, coffee, cocoa, beans, and tea in the country.

As far as the financial system is concerned, there are 16 commercial banks in the country. Securities are traded on the Lima Stock Exchange. Components of the country’s main index Lima General are 38 companies of excellent industry focus. The sub-indices of the Lima Stock Exchange are represented by the following sectors of the economy: industry and agriculture, mining, financial sector, construction, consumer sector, electricity, and services. There are also shares of small capitalization companies in the amount of 9 issuers.

Peru is attractive in terms of investment and active trading in stocks, foreign exchange transactions, futures, and options. The state has a balance in the main sectors of the national economy and a fairly low level of inflation compared to the entire region. Although most traders prefer to invest in developed markets in order to reduce the level of risk, commonly they get quite modest earnings. While it is much more profitable to give preference to countries whose economies are gaining momentum. This is the reason for the growing interest not only of international traders in Peru but also of local residents. Since the salaries are not very high on average, about $300 per month, it also encourages Peruvians to look for new ways to earn money, which, in turn, have become online financial markets like Forex.

 

Forex market and regulations in Peru

Forex market in Peru

In recent years, the Forex market in Peru has grown significantly, as has the number of traders who want to try their hand at making money online. Several reasons contribute to this. Firstly, Forex trading has become as accessible and convenient as possible for Peruvians. Residents can open an account in a few minutes, and top up through any means of payment, including electronic money. Secondly, with educational guides provided by client-oriented Forex brokers, the trading mechanism of many financial instruments is much easier to understand. In addition, residents don’t need to have a large capital, brokers provide minimum deposits for deals. All these factors allowed Peruvian traders to master not only the local but also the international Forex market.

If we talk about Forex regulation in Peru, then there is no single regulatory body that would deal exclusively with the local trading market, but there are several entities that control the functioning of the country’s financial sector. Foremost, the Ministry of Finance of Peru handles the Marketable Securities Law and makes sure that every company in the country complies with it. An extension of the Ministry, the Superintendecia del Mercado de Valores, or SMV for short, directly oversees the local financial advisers. Finally, both the Superintendecia de Banca, Seguros y AFP (SBS), and the Central Reversible Bank of Peru are responsible for general supervision of the local financial sector.

The Peruvian Forex market is represented by international brokers with licenses of the first category financial regulators that freely accept local residents and provide comfortable and secure trading. These regulatory bodies are known for their strict requirements and efficient evaluation mechanism, which means that choosing brokers with their licenses is sure to provide you with the extra layer of security you need in this financial endeavor. Many of these brokers have Spanish versions of their websites and 24/7 technical support, in addition to providing Peruvians with the opportunity to use Copy Trading, which allows beginners to copy successful traders and earn passive income, as well as will save you from constant monitoring of the market state.

 

Popular online trading instruments in Peru

Peru_Online trading instruments

Forex trading in Peru means earning income not only with the help of currency but also with other equally attractive trading instruments. It should be noted that trading by some of them is more efficient, less risky, and quite predictable. In general, Forex instruments can be divided into several main groups – currencies, commodities (derivatives), securities, and treasury bills. Due to increased competition, brokers have significantly expanded the list of instruments offered, so many alternative opportunities are now open for the average trader. Let’s look at the most popular ones in Peru.

Currency pairs trading in Peru

Peru’s current currency is the new sol, denoted by the PEN sign. PEN is most often traded in pairs with the dollar, euro, pounds sterling and is among the exotic ones, but at the same time it is well amenable to analysis on economic data. Besides, Traders from Peru don’t have to trade only sol currency pairs, brokers provide access to majors with high liquidity, as well as minors with loyal trading conditions. For example, you can choose EUR/USD, USD/JPY, GBP/CHF, and AUD/NZD.

AvaTrade allows you to work with all the assets included in the broker’s service package, and these are 55 currency pairs of the forex market, including majors, minors, and many exotic pairs, shares of the largest companies, different types of commodities, as well as indices, currency options, exchange-traded funds ETFs, bonds, and Cryptocurrencies. For each of these financial instruments, the broker has set: competitive leverage, margin, and spreads over the market. The maximum leverage is provided for trading Forex currency pairs. Spreads are fixed for each instrument and their minimum value is 0.9 price points.

AvaTrade develops several areas that allow traders to earn money in the financial markets. Traditional trading through MetaTrader 4, MetaTrader 5, AvaTradeGO mobile app, and WebTrader online platform. Besides, it has Automatic copy trading. The trader is given the opportunity to connect his account to one of the platforms for copying transactions. The AvaTrade Trader Exchange and the AvaTrade Personal Trader are available as well.

The company is an example of a reliable broker with many years of experience. It is recognized in several countries and has licenses from such regulators as MiFID, ASIC, Japan FSA and FFA, FSB, IIROC, and FSCA.

97
Min. deposit
50$
Min. Spread
0.1
Bonus
Max. leverage
1:400
Used by
350000+
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC
97
Min. deposit
50$
Max. leverage
1:400
Bonus
Used by
350000+
Min. Spread
0.1
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC

Commodities trading in Peru

Since Peru has reserves of oil, gold, silver, copper ores, copper, agricultural commodities, and coffee, traders can use commodities as an important way to diversify their portfolio beyond traditional securities. Whereas in the past trading in commodities required a significant amount of time, money, and experience and was mostly limited to professional traders. Today there are more opportunities to participate in commodity markets as many Forex brokers provide the opportunity to earn on changes in the prices of commodities, for example, through commodity futures, stocks of manufacturing companies, ETFs and investment funds for raw materials or contracts for difference in prices.

HF Markets, previously known in the region under the brand HotForex, is an excellent choice if you want to trade commodities, in particular Forex Gold Trading, as the broker offers leverage up to 1:200, significantly lower spreads, and the ability to trade this metal against both the US dollar and the euro with maximum profit. Apart from gold, you can find currency pairs, indices, shares, and equities. All accounts (Micro, Premium, Fixed, VIP, and Zero Spread) can be used for trading on the MetaTrader 4/5, Web Trader, and Mobile Trading platforms.

The company operates such payment systems as Visa, MasterCard, Maestro bank cards, e-wallets iDeal, Western Union, Trust Pay, Sofort, WebMoney, Skrill (Moneybookers), Przelewy24, and Neteller. No commissions are charged for replenishing the account. There is also a branded HFCopy service that copies the trades of professionals. You can become both a provider and a subscriber.

The work of HF Markets is regulated by CySEC and has the necessary international license from this organization, according to which the broker has the right to provide trading services around the world.

Clients can also enjoy many different bonuses such as 100% Supercharged and 100% Credit Bonus with very favorable conditions.

96
Min. deposit
5$
Min. Spread
0.1
Bonus
Max. leverage
1:1000
Used by
3500000+
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA
96
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
3500000+
Min. Spread
0.1
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
-
Regulated by
FCA
DFSA
FSCA of South Africa
FSA UK
SVGFSA

CFD trading in Peru

Another popular instrument among Peruvian traders is CFDs. A CFD is a financial instrument or asset that allows traders to profit from price fluctuations rather than actually acquiring an asset. In fact, this is an agreement between two people to pay the difference between the current price of the underlying asset and the price that will be at the time of closing the transaction. The underlying asset can be a stock, an index, a currency pair, or a commodity. The advantage of trading this financial instrument is the use of leverage provided by brokers and the fact that CFDs allow you to use short sales. This implies that a trader can benefit from a short trade if the value of the position falls. In addition, CFDs allow traders to access international stock markets from a single trading account. You can try your hand at this financial tool right now, and open an account in a couple of clicks.

OANDA is a broker who is distinguished by the good quality of services and transparency of transactions. The company offers a lot of options for contracts compared to other intermediaries. The list of financial instruments consists of CFDs on indices, commodities, and bonds.

Clients can choose between three account types: demo, Standard, and Advanced Trader For beginners, a demo account is also available for training and practicing strategies. Besides, there is no minimum deposit to open an account with OANDA.

The broker offers two types of trading platforms: fxTrade (personally developed by Oanda) and MetaTrader 4. Both of these platforms are available in three versions: desktop, mobile, and Web. Oanda’s own fxTrade trading platform works with TradingView charts, which offer over 80 indicators and additional features. The web version and the PC version are identical to each other. This allows the trader to switch between them seamlessly.

In addition, with OANDA you can get a Forex bonus of up to $1000 on your first deposit. And as soon as you make a deposit, the broker will immediately credit your account with a one-time welcome bonus of 50% of the initial deposit.

97
Min. deposit
-
Min. Spread
0.8
Bonus
Max. leverage
1:200
Used by
-
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC
97
Min. deposit
-
Max. leverage
1:200
Bonus
Used by
-
Min. Spread
0.8
Trading platforms
Own Platform
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
UnionPay, PayPal, Credit/Debit Cards, Wire
Regulated by
IIROC
MAS
FCA
CFTC
ASIC

 

Cryptocurrency trading in Peru

Peru Crypto trading

Peru plays an important role in the Latin America region in terms of the number of people using Cryptocurrencies. According to statistical reports, Peru leads with a higher percentage of Cryptocurrency users (16%), which indicates a lot of interest in these digital currencies, including the most popular ones such as Bitcoin or Ethereum. As the Crypto ecosystem goes beyond Bitcoin or Ethereum, the popularity of Litecoin, Ripple, and EOS as alternatives should also be noted. Currently, there are two exchange offices in Peru that allow offline operations to exchange Cryptocurrencies for fiat money.

One of the exchange offices is located in the capital of Peru, Lima, and the second – in Arequipa. The country has joined Cryptocurrency regulation after countries such as Brazil, Paraguay, Venezuela, and El Salvador that are working on or have passed laws regarding Cryptocurrencies. 

Safe trading of this type of asset is available to Peruvians through licensed brokers. The best Cryptocurrency brokers usually offer leveraged trading. In addition, brokers provide analytical and statistical information and accompany the trader at all stages of operations. Working through a Crypto broker, you can make a profit even in the event of a collapse. An instrument like CFD helps with this. Let’s take a look at a few brokers that provide the best conditions for trading Cryptocurrencies in Peru.

AvaTrade allows you to trade Cryptocurrencies from a minimum of $100 with competitive leverage. You can trade some of the most popular Cryptos 24 hours a day, with the ability to go long or short. Besides the most famous Bitcoin, AvaTrade has many other digital coins, namely: Bitcoin Cash, Bitcoin Gold, Litecoin, Ethereum, Ripple, Dash, and EOS. In addition, by avoiding the exchange, there is no danger of the wallet being hacked or stolen. In fact, with AvaTrade, you don’t even have to worry about getting a Cryptocurrency wallet. Everything is made easy with CFD tools.

Trading is carried out on one type of account, and a demo account with a balance of 100 thousand virtual dollars is always available for beginners. In terms of trading terminals, the broker offers the familiar Metatrader 4 and 5 terminals, the AvaTradeGO app, and the AvaOptions platform. Installation of the MT4 terminal is available for various operating systems, as well as the web version of the MetaTrader. For fans of social trading, copy trades are available without having to constantly analyze the market through the ZuluTrade and DupliTrade services.

AVA Trade is an example of a reliable broker with many years of experience since the company has been on the market since 2006. It is registered in several countries and has licenses from such regulators as MiFID, ASIC, Japan FSA and FFA, FSB, IIROC, and FSCA.

97
Min. deposit
50$
Min. Spread
0.1
Bonus
Max. leverage
1:400
Used by
350000+
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC
97
Min. deposit
50$
Max. leverage
1:400
Bonus
Used by
350000+
Min. Spread
0.1
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC

 

Binary options trading in Peru

Currently, binary options are very popular among Peruvian online traders. It is a relatively simple financial instrument, which essence is to make a forecast on the direction of movement of the value of the selected investment asset. In other words, the trader must choose whether the price of, for example, the EUR/USD currency pair (it can also be any other asset) rises or falls after a predetermined time period, which is called the expiration period of the binary option. If the forecast is justified, the investor will earn a percentage of the transaction amount. In this case, there is no need to buy the asset itself, deals can be started with a minimum amount. To work with binary options, you should choose brokers that provide transparency of transactions and have a good reputation in providing this type of trading.

IQ Option is a broker whose main instrument is binary options. The company included more than 50 positions in the list of options available for use, among which there are currency pairs, stocks, metals, and much more. In addition to options, the broker allows you to trade with instruments familiar to any trader, such as currency pairs, CFDs, precious metals, oil and gas, indices, and ETFs.

The market can be accessed using IQ Option’s own trading platform. There are also versions for mobile devices as well as a standalone desktop app. Having the ability to open the platform separately from your browser can be invaluable if you’re not on great hardware or want to open multiple tabs.

In addition, beginners will be a great gift to have a demo account with a virtual balance of $10,000, as well as an extensive course of online video lessons.

95
Min. deposit
10$
Min. Spread
0.5
Bonus
Max. leverage
1:1000
Used by
48000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
CySEC
95
Min. deposit
10$
Max. leverage
1:1000
Bonus
Used by
48000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
CySEC

ExpertOption occupies a leading position in the list of brokers providing access to binary options in Peru. In addition to binary options, the list of available financial instruments includes more than 180 positions covering currency pairs, Crypto coins, stocks, indices, commodities, and securities.

With a binary agent, you can register one of several types of accounts: Micro, Basic, Silver, Gold, Platinum, and Exclusive. Each trader will be able to find the right one for himself. For example, the minimum deposit in a micro account is $10 and starting with a Silver account, the user gets access to a daily overview of financial markets.

The trading platform is developed by the companies in-house and is very easy to use with a clear interface, making it suitable for both novice and experienced traders. The platform is also available as an app that can be downloaded for Android and iOS devices.

To deposit and withdraw funds, traders can use bank and debit/credit card transfers as well as Neteller, UnionPay, Skrill, YandexMoney, WebMoney, QiwiWallet, PerfectMoney, FasaPay, and others. And if you replenish your account in the first hour after registration, you will get a 100% Forex bonus.

93
Min. deposit
10$
Min. Spread
0.01
Bonus
Max. leverage
1:100
Used by
70000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
VFSC
SVGFSA
93
Min. deposit
10$
Max. leverage
1:100
Bonus
Used by
70000000+
Min. Spread
0.01
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
VFSC
SVGFSA

 

Trading with VPS server in Peru

Peru_VPS trading

VPS server for Forex is now in great demand, as it helps traders to trade not only automatically, but also continuously. In essence, this is a hosting service, which consists in allocating a certain amount of disk space, within which a virtual computer is organized. That is, by connecting the VPS service with a broker, clients actually get at their disposal another fully functioning computer on which you can install any software. Moreover, this software will work around the clock with a guarantee that there will be no failures in the Internet connection and power supply.

A Forex VPS might be of interest to you if you use expert advisors and automate your trading. To do this, you install your trading software on the server, usually the MetaTrader trading platform, and let the server run around the clock, executing your orders. Not many brokers offer VPS to their clients, and if they do, they will most likely be happy with the costly one. In order to reduce your search time for brokers with this service, we have prepared a great option for you.

XM Group allows you to remotely connect to a virtual private server (VPS) through which clients can turn on advisors for uninterrupted and non-stop operation and save themselves from having to monitor them. The trading itself is carried out on the MT4 and MT5 platforms. You can use them on various devices for PC and Mac, WebTrader for trading through a browser without downloading software, as a multi-terminal for trading with multiple accounts, and for iPad, iPhone, and Android.

Clients can choose from a full range of instruments including currency pairs, CFDs, stocks, indices, commodities, and Cryptocurrencies to trade on 4 account types: Micro, Standard, Ultra Low, and Shares. The Micro and Standard accounts are identical, with the only difference being that the first account is traded in micro lots, so it is ideal for market beginners. XM Ultra Low has lower spreads and Shares allow you to open an Islamic account with no swaps.

In addition, XM provides traders with various bonuses like a 100% entry bonus of up to $5000, client referrals, and occasional ones.

98
Min. deposit
5$
Min. Spread
0.6
Bonus
Max. leverage
1:1000
Used by
5000000+
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC
98
Min. deposit
5$
Max. leverage
1:1000
Bonus
Used by
5000000+
Min. Spread
0.6
Trading platforms
MetaTrader 5
MetaTrader 4
Web trader
Deposit methods
Bitcoin, Sofort, UnionPay, Neteller, Wire, Skrill
Regulated by
FCA
CySEC
IFSC
ASIC

 

Top Forex brokers in Peru

The Forex market in Peru is developing rapidly. The number of traders is growing exponentially and they are all looking for the best trading conditions. Comparison of brokerage offers can sometimes take quite a long time, as there are hundreds of brokerage companies on the market. To make things easier for you, we have analyzed the brokers according to objective criteria of security, reliability, and number of financial instruments and compiled a list of the best brokers in Peru for you.

AvaTrade in Peru

AvaTrade is a broker with an impeccable reputation and reliable licensing from regulators such as MiFID, ASIC, Japan FSA and FFA, FSB, IIROC, and FSCA, which offers a full range of financial instruments. Its list includes 55 forex currency pairs (including majors, minors, and many exotic pairs), major stocks, commodities, as well as indices, currency options, ETFs, bonds, and Cryptocurrencies.

Trading is carried out on one account type, and for beginners, a demo account with a balance of 100 thousand virtual dollars is always available to test not only new strategies but also to try all trading platforms. So there are familiar Metatrader 4 and 5 terminals, the AvaTradeGO app, and the AvaOptions platform. Installation of the MT4 terminal is available for various operating systems, as well as the web version of the Metatrader. For fans of social trading, copying trades of experienced users through the ZuluTrade and DupliTrade services are available as well.

 

HF Markets in Peru

HF Markets (former HotForex) offers trading in 1200 financial instruments, among which stands out Forex Gold Trading with leverage up to 1:200 and significantly low spreads. Several different types of Micro, Premium, Fixed, VIP, and Zero Spread accounts are available for registration, which are adapted to the needs of clients with different characteristics, depending on the amount of the deposit and the size of the leverage. To top up and withdraw funds, there are such payment systems as Visa, MasterCard, Maestro bank cards, iDeal, Western Union, Trust Pay, Sofort, WebMoney, Skrill (Moneybookers), Przelewy24, and Neteller e-wallets. No commissions are charged for replenishing the account.

All accounts can be traded using the MetaTrader 4 and 5, Web Trader, and Mobile Trading platforms. As for analytics tools, HF Markets offers a variety of trading calculators, signals from AutoChartist and Trader’s Board, where it is convenient to track quotes and other market changes. There is also a branded HFCopy service that copies the trades of professionals. You can become both a provider and a subscriber.

The company boasts many bonuses provided. For example, 100% Supercharged and 100% Credit Bonus, as well as Return On Free Margin, 30% Rescue, and 50% Welcome Bonus are available to clients.

 

OANDA in Peru

OANDA is the world’s largest broker, officially operating in five jurisdictions: CFTC, NFA, FSA, IIROC, and MAS. The list of the company’s financial instruments includes over 90 currency pairs, commodities, bonds, metals, and indices. Several types of accounts are available to clients, including a demo with an unlimited amount of virtual funds on the balance and an endless period of their use.

Terminals for work are represented by fxTrode and the usual MetaTrader 4. All of them are available in three types: desktop, mobile, and Web. On its own platform, you can work with TradingView charts, which offer more than 80 indicators and additional features.

The broker understands the importance of continuous development and therefore has many free educational resources, which include access to an extensive electronic and video library, as well as valuable Forex and CFD analytics.

The presence of bonuses will also be an indisputable advantage. With OANDA you can get up to a $1000 Forex bonus on your first deposit. And as soon as you make a deposit, the broker will immediately credit your account with a one-time welcome bonus of 50% of the initial deposit.

 

XM Group in Peru

XM Group has a full range of tools including currency pairs, CFDs, stocks, indices, commodities, and Cryptocurrencies for trading on 4 account types: Micro, Standard, Ultra Low, and Shares. The Micro and Standard accounts are identical, with the only difference being that the first account is traded in micro lots, so it is ideal for market beginners. XM Ultra Low has lower spreads and Shares allow you to open an Islamic account with no swaps.

The market can be accessed through the MT4 and MT5 platforms. You can use them on various devices for PC and Mac, WebTrader for trading through a browser without downloading software, as a multi-terminal for trading with multiple accounts, and for iPad, iPhone, and Android.

In addition, the broker provides a VPS server for uninterrupted operation 24/7, as well as various bonuses like a 100% entry bonus of up to $5000, client referral, and occasional bonuses.

 

All of the above brokers freely accept clients from Peru and provide convenient platforms, a wide range of financial instruments, as well as special offers for each trader. Fortunately, you don’t have to stick with just one broker. On the contrary, if you register and verify your account with several Top Forex brokers, you can not only get all the possible bonuses but also test different trading terminals, from the usual MT4 to exclusive developments. In addition, you will receive a lot of educational materials from brokers and will soon become a professional.

 

Top Forex brokers in Peru - FAQ

Forex trading is completely legal in Peru. There are no limitations for traders to make transactions on any instruments and the state takes all measures to control the financial market For the greatest security, traders can choose international licensed brokers that are regulated by such reputable organizations as the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC), MiFID directives. These regulators are known around the world for their strict requirements for brokerage companies, which will allow traders not to worry about the safety of their finances. We’ve listed all regulated brokers in our article, check it out and choose the most suitable ones.
Residents of Peru have access to all financial instruments that are on the Forex market. Some prefer familiar currency pairs, others focus on commodities, while still others prefer new types of instruments such as Cryptocurrencies or binary options. All of them are quite in demand among Peruvians, it all depends on individual preferences and trading skills. In the article, we took a closer look at the most popular financial instruments and the best brokers that provide favorable conditions for buying and selling them.
The international licensed brokers that we mentioned in the article provide various bonuses to their clients from Peru. So, you can get referrals, occasional, as well as a 100% entry bonus of up to $5000. If you register an account with several brokers, you can get not only one but several at the same time.
Cryptocurrency trading is available to Peruvians. Bitcoin and Ethereum are especially popular in the country. Traders also have access to Litecoin, Ripple and EOS, and a host of other digital coins through internationally licensed brokers who provide favorable conditions for buying and selling this asset with minimal fees and competitive leverage.
The best brokers not only in Peru but all over the world are distinguished by first-category licenses, a wide range of trading instruments, as well as convenient platforms with auxiliary tools. In our article, we have listed brokers that are regulated by the FCA, ASIC, CySEC, and MiFID, provide large leverage, tight spreads, and the ability to trade binary options, Cryptocurrencies, and also use Copy trading. All of them freely accept clients from Peru and provide safe and transparent trading.