Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
🛡️ Strongest RegulationPepperstone — FCA,ASIC,BaFin,CySEC,DFSA,SCB
☪️ Best Islamic AccountPepperstone — swap-free account available
EUR/USD Broker Comparison - Uzbekistan
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.3 | $5 | 0.2 | MT5 MT4 | Yes | CySEC | Open |
| 4.2 | $100 | 0.75 | MT5 MT4 | Yes | FCA | Open |
| 4.4 | $0 | 0.8 | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | 0.9 | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $0 | 0.5 | MT5 MT4 | No | FCA | Open |
| 4.1 | $50 | 0.5 | MT5 MT4 | Yes | BaFin | Open |
| 4.1 | $0 | 0.6 | MT5 MT4 | Yes | CySEC | Open |
| 4.1 | $100 | 0.76 | TV MT5 MT4 cT | Yes | ASIC | Open |
| 4.2 | $0 | 0.8 | MT5 MT4 | Yes | FCA | Open |
| 4.1 | $10 | 0.8 | TV MT5 MT4 cT | Yes | FCA | Open |
For traders in Uzbekistan, the EUR/USD pair offers a powerful combination of liquidity and volatility — but only if you choose a broker that doesn't eat your profits through excessive spreads. Since your local currency is the USD, every pip saved directly increases your net returns in dollar terms, making low-spread trading especially important. In Tashkent, Samarkand, or Bukhara, your trading day aligns well with global markets: the London session opens at 08:00 local time (UTC+0), and the prime NY-London overlap runs from 13:00 to 16:30 local — perfect for capturing the tightest spreads. Popular deposit methods like Bank Transfer and USDT TRC20 are widely supported, and with maximum leverage capped at 1:500 by international regulators (FCA/ASIC/CySEC), you have the power to amplify gains while keeping margin requirements manageable. Among our verified list, XM Group stands out as the top pick with a 4.3/5 score, offering an all-in EUR/USD spread of just 0.2 pips — the lowest in our analysis. Whether you're a day trader in the capital or a swing trader in the Fergana Valley, this guide is built specifically for your needs.
EUR/USD Live Chart - TradingView
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Open full chartTop 10 MT4 brokers for EUR/USD in Uzbekistan

#1 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.

#2 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4Top-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Tight spread (0.5 pips)
Cons for Uzbekistan
- No Islamic account
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.
MG
#6 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($50)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wires, credit/debit cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#7 Equiti
CySEC,FCA,JSC,SCB
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#8 Eightcap
ASIC,FCA,SCB,VFSC
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.
MT5MT4Islamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
International Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 ThinkMarkets
FCA,ASIC,JFSC,FSA
TradingViewMT5MT4cTraderIslamic accountTop-tier regulated
Pros for Uzbekistan
+ Top-tier regulation (FCA/ASIC)
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
Cons for Uzbekistan
- No major drawbacks found
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is EUR/USD on MT4?
The EUR/USD spread is the difference between the bid and ask price — essentially, the cost of opening a trade. For Uzbekistan traders, this cost matters more because every pip directly affects your bottom line in USD. For example, with a 0.2 pip spread on XM Group, a 0.01 lot trade costs approximately $0.02 per pip, meaning each trade costs just $0.02 in spread — a fraction of what higher-spread brokers charge. Over 100 trades per month, a Uzbekistan trader using the lowest spread broker (0.2 pips) saves approximately $80 compared to a broker with a 1.0 pip spread. Given the maximum leverage of 1:500 available in Uzbekistan, even small spread savings compound significantly. ECN (Electronic Communication Network) spreads are generally better for Uzbekistan traders because they offer tighter, variable spreads that reflect true market conditions — crucial when trading with high leverage. Fixed spreads, while predictable, are often wider and less competitive. Local regulators like FCA/ASIC/CySEC (international) require clear spread disclosure, so Uzbekistan traders can verify costs before depositing. Always check the 'all-in' cost (spread + commission) to avoid hidden fees. For Uzbekistan traders, using an ECN account with a low-spread broker like XM Group or IC Markets is the most cost-effective strategy.
Best trading times - EUR/USD from Uzbekistan
For Uzbekistan traders, the best EUR/USD trading window is the London-New York overlap, which occurs from 13:00 to 16:30 local time (UTC+0). During this period, liquidity peaks and spreads can drop as low as 0.09 pips at ECN brokers — perfect for scalping or day trading. The London session alone opens at 08:00 local time, which is a comfortable start for Uzbekistan traders who prefer morning trading. Unlike traders in Asia who must stay up late, Uzbekistan traders can trade during normal business hours. We recommend checking charts at 08:00 local time when London opens, then focusing on the overlap for your main trades. Avoid the Asian session (00:00–07:00 local time) when spreads widen significantly — often exceeding 1.5 pips on standard accounts. Also note that Uzbekistan observes standard weekend closure from Friday 22:00 UTC to Sunday 22:00 UTC, so plan your positions accordingly. For Uzbekistan traders, the overlap is the sweet spot — don't waste it on low-liquidity hours.
Economic calendar - EUR/USD
Execution & slippage - Uzbekistan
For Uzbekistan traders, slippage — the difference between expected and actual execution price — is a critical factor, especially during high-volatility news events. Uzbekistan's internet infrastructure is generally reliable in major cities like Tashkent, but traders in rural areas may experience higher latency. To minimize slippage, Uzbekistan traders should connect to a London-based server, which offers the lowest ping for European/African/Middle East connections — typically 80–120 ms from Uzbekistan. For scalping, a VPS (Virtual Private Server) is highly recommended for Uzbekistan traders: it reduces latency to under 5 ms and ensures uninterrupted execution. Among our broker list, XM Group offers the best execution for Uzbekistan traders, with an average slippage of just 0.1 pips on EUR/USD during normal market conditions. Always use limit orders instead of market orders during news events to control slippage. For Uzbekistan traders, every millisecond counts — choose your server location wisely.
Islamic accounts & swap fees - Uzbekistan
For Uzbekistan traders, swap (overnight financing) fees matter, especially for those holding positions beyond the daily rollover at 22:00 UTC (02:00 local time). Uzbekistan is a Muslim-majority country (approximately 96% Muslim), so many traders prefer Islamic (swap-free) accounts. Local Islamic finance regulation from FCA/ASIC/CySEC (international) requires brokers to offer genuine swap-free accounts without hidden administrative fees after a certain period. On a standard account, the overnight swap for EUR/USD at 1:100 leverage on a $1,000 account is approximately $0.30 per night for a long position and -$0.45 for a short position. For Uzbekistan traders who are Muslim, we recommend XM Group and Exness — both offer genuine Islamic accounts with no hidden fees. For non-Muslim Uzbekistan traders, minimize swap costs by closing positions before 22:00 UTC each day. Always verify swap rates in your broker's contract specifications before trading.
Related guides for Uzbekistan traders
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FAQ - Best cTrader Brokers Low EUR/USD Spread in Uzbekistan
Which broker has the lowest EUR/USD spread in Uzbekistan in 2026?+
Is EUR/USD trading legal in Uzbekistan?+
What is the best time to trade EUR/USD from Uzbekistan?+
Do forex brokers offer Islamic accounts for EUR/USD trading in Uzbekistan?+
How do I deposit money to a forex broker from Uzbekistan?+
What is the maximum leverage for EUR/USD trading in Uzbekistan?+
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