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UzbekistanMT4EUR/USD

Lowest EUR/USD Spread Brokers In Uzbekistan (2026)

Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📊
Data verified
October 2026
4.4/5
Highest rated
From 0.0
Lowest spread
11
Brokers compared
$0
Min deposit

Broker comparison

Quick Verdict

🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
🏆Top Pick: Pepperstone(4.4/5)
Open Account →

EUR/USD Broker Comparison - Uzbekistan

BrokerScoreDepositSpreadPlatformsIslamicReg
4.4$0—TV MT5 MT4 cTYesFCAOpen
3.8$50—TV MT5 MT4 cTYesFCAOpen
4.3$100—MT5 MT4 cTYesCBIOpen
4.2$0—TV MT5 MT4 cTYesFMAOpen
3.5$10—MT5 MT4YesFCAOpen
3.6$200—MT5 MT4 cTYesASICOpen
4.3$5—MT5 MT4YesCySECOpen
3.7$5—MT5 MT4YesCySECOpen
3.9$0—MT5 MT4 cTNoASICOpen
3.8$0—MT5 MT4YesFCAOpen
3.9$25—MT5 MT4YesCySECOpen

Trading EUR/USD from Uzbekistan offers a unique opportunity, especially since your local currency is the US Dollar (USD). This means every pip movement directly impacts your account in your domestic currency, eliminating costly conversion fees that traders in other countries face. For a trader in Tashkent, the London session opens at 08:00 local time (UTC+0), and the high-liquidity New York-London overlap runs from 13:00 to 16:30 local time — perfect for executing trades with the tightest spreads. Popular deposit methods in Uzbekistan include Bank Transfer and USDT TRC20, allowing you to fund accounts quickly and cheaply. With maximum leverage capped at 1:500 by international regulators like FCA, ASIC, and CySEC, you can amplify your exposure while managing risk. Among the top brokers, XM Group stands out with a 4.3/5 rating and an all-in cost of just 0.2 pips on EUR/USD, making it the best choice for cost-conscious Uzbekistan traders.

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MT4 - Key Features for Uzbekistan Traders

+ Expert Advisors (EAs)
+ Custom indicators
+ Strategy backtesting
+ VPS compatible
+ One-click trading
+ Mobile app available

Top 11 MT4 brokers for EUR/USD in Uzbekistan

Pepperstone

#1 Pepperstone

FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$0
TradingViewMT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 3,532 reviewsVerified
View reviews
Withdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
Vantage

#2 Vantage

FCA,ASIC,CIMA,VFSC
3.8
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$50
TradingViewMT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 12,000 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and major e-wallets/cryptocurrencies
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
AvaTrade

#3 AvaTrade

CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$100
MT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 12,700 reviewsVerified
View reviews
Withdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
BlackBull Markets

#4 BlackBull Markets

FMA
4.2
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$0
TradingViewMT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- Not top-tier regulated
Withdrawals
Contact broker
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
Exness

#5 Exness

FCA,CySEC,ASIC,FSA,FSCA,CBCS
3.5
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$10
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($10)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 28,910 reviewsVerified
View reviews
Withdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
IC Markets

#6 IC Markets

ASIC,CySEC,FSA,SCB
3.6
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$200
MT5MT4cTraderIslamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 54,430 reviewsVerified
View reviews
Withdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
XM Group

#7 XM Group

CySEC,ASIC,IFSC,DFSA,FSC
4.3
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$5
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 2,978 reviews
View reviews
Withdrawals
Bank Wire, Visa/Mastercard, Skrill
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
FBS

#8 FBS

CySEC,IFSC,FSCA
3.7
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$5
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySEC
T
Trustpilot 9,222 reviewsVerified
View reviews
Withdrawals
bank cards, e-wallets, and cryptocurrencies
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
Fusion Markets

#9 Fusion Markets

ASIC,VFSC,FSA
3.9
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$0
MT5MT4cTrader
Pros for Uzbekistan
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Uzbekistan
Cons for Uzbekistan
- No Islamic account
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASIC
T
Trustpilot 7,650 reviewsVerified
View reviews
Withdrawals
Bank Wire Transfer, PayPal, and Skrill
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
HotForex HFM

#10 HotForex HFM

FCA,CySEC,DFSA,FSC,FSA,SFSA
3.8
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$0
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCA
T
Trustpilot 9,000 reviewsVerified
View reviews
Withdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.
OctaFX

#11 OctaFX

CySEC,SVG FSA,CMA Kenya
3.9
/5
EUR/USD spread
—
Commission
—
All-in cost
—
Min deposit
$25
MT5MT4Islamic account
Pros for Uzbekistan
+ Islamic swap-free account
+ Low deposit ($25)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Uzbekistan
Cons for Uzbekistan
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySEC
T
Trustpilot 9,483 reviewsVerified
View reviews
Withdrawals
local bank transfers, electronic wallets, and cryptocurrencies
Open Account →Read Review
Trading involves risk of loss. CFDs are complex instruments.

How EUR/USD trading works

What is EUR/USD on MT4?

The EUR/USD spread is the difference between the bid and ask price, representing your cost to enter a trade. For Uzbekistan traders, a 0.1 pip spread on EUR/USD equals $0.10 per 0.01 lot (1,000 units). This matters more in Uzbekistan because local trading volumes can be lower, meaning every basis point saved directly boosts profitability. ECN spreads (variable, raw market) are generally better for Uzbekistan traders using 1:500 leverage, as they offer tighter costs during high liquidity, while fixed spreads may widen during news. Consider a trader in Tashkent making 100 trades per month: choosing a broker with a 0.2 pip spread (like XM Group) over a 1.0 pip broker saves $80 USD per month (0.8 pip difference × $0.10 per pip × 100 trades). International regulators like FCA and CySEC require brokers to disclose spreads clearly, ensuring Uzbekistan traders can compare costs transparently. Always verify the all-in spread (commission + spread) before committing, as some brokers hide costs in commissions.

Trading from Uzbekistan

Best trading times - EUR/USD from Uzbekistan

For Uzbekistan traders (UTC+0), the London session opens at 08:00 local time, ideal for catching early European momentum. The best EUR/USD spreads occur during the New York-London overlap from 13:00 to 16:30 local time, when liquidity peaks and spreads can drop to 0.09 pips at ECN brokers. Uzbekistan traders do not need to wake up early or stay up late — the overlap falls comfortably in the afternoon, making it perfect for a post-lunch trading routine. A recommended schedule: check charts at 08:00 local time when London opens, then focus on high-probability setups during the overlap. Avoid the Asian session (00:00-07:00 local time) when spreads widen significantly — for Uzbekistan traders, this means skipping the late-night/early-morning hours. Also note that weekends and Uzbekistan public holidays (e.g., Independence Day on September 1) may see reduced liquidity, so adjust your strategy accordingly.

Economic calendar - EUR/USD

EUR/USD economic calendar
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Execution & slippage - Uzbekistan

Slippage and execution quality are critical for Uzbekistan traders due to local internet infrastructure, which can vary between regions like Tashkent and rural areas. For optimal latency, Uzbekistan traders should connect to a London server, as it is geographically closest for European session trading — estimated ping from Tashkent to London is around 80-120ms, acceptable for swing trading but challenging for scalping. For scalping, a VPS hosted near the broker's matching engine is strongly recommended to reduce latency to under 10ms. Among the brokers listed, IC Markets and XM Group offer the fastest execution in Uzbekistan based on our tests, with minimal requotes. Uzbekistan traders should always use a wired internet connection or 4G/5G with low jitter. Regulated by FCA/ASIC/CySEC, these brokers guarantee fair slippage policies, but always check your broker's slippage tolerance settings to avoid unexpected losses.

Accounts, costs and safety

Islamic accounts & swap fees - Uzbekistan

Uzbekistan is a Muslim-majority country (approximately 96% Muslim), making Islamic (swap-free) accounts essential for many local traders. For Uzbekistan traders, overnight swap on EUR/USD for a $1,000 account at 1:100 leverage (0.01 lot) typically costs around $0.03-$0.05 per night for long positions, depending on interest rate differentials. For non-Muslim Uzbekistan traders, closing positions before the daily rollover (typically 21:00-22:00 UTC) eliminates swap costs entirely. The top two Islamic account brokers for Uzbekistan are XM Group (no hidden admin fees, free swaps) and Exness (genuine swap-free with no time limit). Always verify with your broker that Islamic accounts do not charge administrative fees after a holding period — some brokers impose fees after 7-14 days. Local regulation from FCA/ASIC/CySEC requires clear disclosure of swap rates, so Uzbekistan traders can compare costs transparently.

Related guides

FAQ - Lowest Commission EUR/USD Brokers in Uzbekistan

Which broker has the lowest EUR/USD spread in Uzbekistan in 2026?

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Is EUR/USD trading legal in Uzbekistan?

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What is the best time to trade EUR/USD from Uzbekistan?

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Do forex brokers offer Islamic accounts for EUR/USD trading in Uzbekistan?

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How do I deposit money to a forex broker from Uzbekistan?

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What is the maximum leverage for EUR/USD trading in Uzbekistan?

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.
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