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 Uzbekistan traders operating in USD, EUR/USD spreads are the single most important cost factor in your trading. Since your local currency is USD, every pip movement in EUR/USD directly impacts your account in real terms — no conversion costs, no hidden exchange rate markups. Trading from UTC+0 means London opens at a convenient 08:00 local time, and the high-liquidity NY-London overlap runs from 13:00 to 16:30 local, perfect for afternoon trading. To fund your account, Bank Transfer and USDT TRC20 are the most popular deposit methods among Uzbekistan traders, offering fast and low-cost transfers. With maximum leverage capped at 1:500, you can trade significant volumes with relatively small capital, but tight spreads become even more critical to avoid cost erosion. All brokers on this page are regulated by top-tier international bodies — FCA, ASIC, or CySEC — ensuring transparency and client fund protection. For example, a trader in Tashkent can start trading EUR/USD with just $10 at Exness and access spreads as low as 0.2 pips at XM Group, our top-rated broker with a score of 4.3/5.
EUR/USD Live Chart - TradingView
Real-time data · Powered by TradingView
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, representing your cost to enter a trade. For Uzbekistan traders, understanding this in USD terms is simple: a 0.1 pip spread on EUR/USD equals exactly $0.10 per 0.01 lot (micro lot). So if you trade 0.1 standard lots (10 micro lots), a 0.1 pip spread costs you $1 per trade. Spreads matter more for Uzbekistan traders because local brokers often offer limited options, and with 1:500 leverage, even small spreads compound quickly. ECN spreads are significantly better than fixed spreads for Uzbekistan traders — ECN brokers like XM Group offer raw spreads from 0.0 pips plus a small commission, while fixed spread brokers may charge 1.5-2.0 pips. Consider a real example: a Uzbekistan trader making 100 trades per month on EUR/USD with 0.1 lot size. At XM Group's all-in cost of 0.2 pips ($2 per trade), monthly cost = $200. At a fixed spread broker charging 1.5 pips ($15 per trade), monthly cost = $1,500. That's $1,300 saved every month — enough for a substantial living expense in Tashkent. Regulators like FCA and ASIC require brokers to disclose spreads transparently in their documentation, so Uzbekistan traders should always check the official spread tables before depositing. For Uzbekistan traders, choosing the right ECN broker isn't just about saving pennies — it's about preserving capital and maximizing long-term profitability.
Best trading times - EUR/USD from Uzbekistan
For Uzbekistan traders in UTC+0, the London session opens at 08:00 local time — a perfect start to the business day. You can check charts and place trades just after breakfast, when EUR/USD liquidity begins to build. The most important window for Uzbekistan traders is the NY-London overlap from 13:00 to 16:30 local time, when spreads tighten to their lowest levels (often 0.0-0.2 pips on ECN accounts). This overlap falls squarely in the afternoon for Uzbekistan, making it ideal for part-time traders who work during the morning. A recommended routine for Uzbekistan traders: start your day at 08:00 local to catch London open volatility, then take a break until 13:00 local when the overlap begins — this is your prime trading window. Avoid the Asian session from 00:00 to 07:00 local time, when spreads can widen by 50-100% due to lower liquidity. Uzbekistan does not observe daylight saving time, so these local times remain consistent year-round. Also note that weekends (Saturday-Sunday local) are closed for forex, and public holidays in Uzbekistan may affect your bank transfer processing times, but broker trading platforms remain operational.
Economic calendar - EUR/USD
Execution & slippage - Uzbekistan
Uzbekistan's internet infrastructure has improved significantly, but traders in Tashkent or other cities may still experience ping times of 100-150ms to European broker servers. For Uzbekistan traders engaged in scalping or high-frequency trading, this latency can cause slippage of 0.2-0.5 pips during high-volatility events. The recommended server location for Uzbekistan traders is London, as it offers the lowest latency (approximately 80-100ms) compared to New York (150-200ms) or Sydney (250-300ms). For Uzbekistan traders serious about execution quality, a VPS hosted in London is strongly recommended — it reduces ping to under 5ms and eliminates local internet fluctuations. XM Group is the best broker for Uzbekistan execution, offering low-latency London servers and no re-quotes on ECN accounts. Uzbekistan traders should always test execution with a small deposit before scaling up, as slippage can significantly impact profitability on tight spreads.
Islamic accounts & swap fees - Uzbekistan
Uzbekistan is a Muslim-majority country (approximately 96% Muslim), so swap-free Islamic accounts are highly relevant for local traders. The local regulatory framework from FCA/ASIC/CySEC permits Islamic accounts as long as they are transparent and charge no hidden fees. For a Uzbekistan trader with a $1,000 account at 1:100 leverage, the overnight swap on a 0.1 lot EUR/USD long position is approximately -$0.15 to -$0.25 per night (depending on broker). Over a month, this can add up to $4.50-$7.50 — a significant cost for small accounts. The top two Islamic account brokers for Uzbekistan traders are XM Group (no hidden admin fees, swap-free on all instruments) and Exness (genuine swap-free with transparent terms). For non-Muslim Uzbekistan traders, the best way to minimize swap costs is to close all positions before the daily rollover at 21:00 UTC (22:00 local time in Uzbekistan).
Related guides for Uzbekistan traders
More Uzbekistan broker guides
FAQ - Best ECN 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?+
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.