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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

Welcome, Uzbekistan traders. If you’re trading EUR/USD from Tashkent, you already know that every pip counts. Since your local currency is the US Dollar (USD), any spread cost you pay is already in your home currency — no conversion losses, meaning a 0.2 pip spread is exactly USD 0.20 per 0.01 lot. Your timezone is UTC+0, so your local trading day starts conveniently: London opens at 08:00 local time, and the golden NY-London overlap runs from 13:00 to 16:30 local — perfect for an afternoon trading session after lunch. For deposits, you rely on Bank Transfer and USDT TRC20, which is fast and cheap. With maximum leverage capped at 1:500 in Uzbekistan, you can control larger positions with smaller capital. All brokers on this page are regulated internationally by FCA, ASIC, or CySEC, so you’re protected. Whether you’re in Samarkand or Bukhara, our top pick XM Group scores 4.3/5 for its unbeatable all-in spread of just 0.2 pips.

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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, and it's your primary cost per trade. For Uzbekistan traders, this matters directly because your account is in USD. For example, if a broker quotes 0.1 pip on EUR/USD, that costs you USD 0.10 per 0.01 lot traded. Why does spread matter more for Uzbekistan traders? Because local trading volumes tend to be smaller, so a wider spread eats a larger percentage of your profit. With maximum leverage of 1:500 available, you might be tempted to trade bigger lots, but that multiplies the spread cost too. Uzbekistan traders must choose between ECN (raw spreads + commission) and fixed spreads. We recommend ECN for Uzbekistan traders, because at 1:500 leverage, the lower raw spread (e.g., 0.09 pips from Fusion Markets) saves you more than any fixed spread account. Let's do the math: a trader from Uzbekistan making 100 trades per month with 0.1 lots each saves USD 60 per month by choosing XM Group's 0.2 pip all-in cost versus a broker charging 0.8 pips. That's USD 720 per year — enough for a new smartphone in Tashkent. Local regulators FCA/ASIC/CySEC (international) require brokers to disclose spreads clearly in their documentation, so always check the official spread tables. For Uzbekistan traders, this transparency is your best defense against hidden costs.

Trading from Uzbekistan

Best trading times - EUR/USD from Uzbekistan

For Uzbekistan traders, timing is everything. Your local timezone is UTC+0, so London opens at a comfortable 08:00 local time. This means Uzbekistan traders can start their day by checking EUR/USD charts over breakfast, catching the initial liquidity surge. The absolute best window for Uzbekistan traders is the NY-London overlap from 13:00 to 16:30 local time, when spreads on EUR/USD can drop as low as 0.09 pips at ECN brokers. This overlaps perfectly with your afternoon, so you can trade without staying up late. One Uzbekistan-specific routine: set a reminder at 13:00 local to open your platform — this is when the highest trading volume hits EUR/USD. Avoid the Asian session from 00:00 to 07:00 local, when spreads widen significantly (often above 1.0 pip) due to low liquidity. Also note that Uzbekistan observes standard weekends (Saturday-Sunday), so EUR/USD markets close on Friday 22:00 local and reopen Sunday 22:00 local. If you trade during public holidays like Navruz (March 21), liquidity may be thinner, so tighten your stops.

Economic calendar - EUR/USD

EUR/USD economic calendar
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Execution & slippage - Uzbekistan

For Uzbekistan traders, slippage is a real concern due to local internet infrastructure. While Tashkent has good fiber connectivity, traders in rural areas may experience higher latency. Uzbekistan traders should connect to a London-based server for EUR/USD trading, as it’s the closest major hub with 50-80ms ping from Uzbekistan. This is acceptable for swing trading but may cause slippage during scalping. Estimated ping from Uzbekistan to New York servers is 150-200ms, which is too high for scalping. We recommend Uzbekistan traders use a VPS hosted in London (costing ~$10/month) to reduce latency and avoid slippage. For execution quality, XM Group offers the best balance of low spread and fast execution for Uzbekistan traders, with 99.9% fill rates on market orders. Always use limit orders during news events to avoid negative slippage.

Accounts, costs and safety

Islamic accounts & swap fees - Uzbekistan

Uzbekistan is a Muslim-majority country (approximately 96% Muslim), so Islamic (swap-free) accounts are essential for many traders. Local Islamic finance regulation follows international standards set by FCA/ASIC/CySEC (international), which allow swap-free accounts as long as no hidden fees replace the swap. For a non-Muslim Uzbekistan trader with a $1000 account at 1:100 leverage, the overnight swap on EUR/USD is approximately -$0.15 per night (long position). Over a month, that’s $4.50 — a small but avoidable cost. Our top 2 Islamic account brokers for Uzbekistan traders are XM Group and Exness, both offering genuine swap-free EUR/USD trading with no admin fees after 7-10 days. For non-Muslim Uzbekistan traders, simply close all positions before the daily rollover at 22:00 GMT (22:00 local time) to avoid swap charges entirely.

Related guides

FAQ - Best TradingView Brokers Low EUR/USD Spread 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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