Iraq Forex Brokers 2026
Expert reviews, ratings, and trading conditions for Iraq-regulated forex brokers. Filtered by composite score, tier, spread, and platform.
Iraq Forex Brokers — Regulatory Guide 2026
Iraq hosts a diverse selection of forex brokers, subject to varying levels of regulatory oversight. We have reviewed 5 brokers in this jurisdiction with an average editor rating of 1.6/10.
Broker leverage in Iraq is shaped by both the local regulator's requirements and international agreements. Our data shows maximum available leverage of up to 1:500, with minimum deposit thresholds from $0.
Traders based in or targeting Iraq should verify that their chosen broker holds the appropriate local license alongside any international certifications. Our tiered comparison table (Globally Licensed → Offshore → Unlicensed) makes it easy to identify brokers with the strongest regulatory standing. Smart Trader currently ranks #1 among Iraq brokers in our 2026 composite score analysis.
| Broker | Rating | Spread | Key Metrics | Platform | |
|---|---|---|---|---|---|
|
Score: 2.6
5-10 years
|
N/A |
No USDT
|
MT5
|
||
|
Score: 2.0
2-5 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.2
1-2 years
|
N/A |
No USDT
|
MT4 MT5
|
Iraq Forex FAQ
2026 Technical Q&ANo, Smart Trader is not regulated by any recognized financial authority. This lack of regulation means clients may face higher risks due to the absence of investor protection typically provided by regulated brokers.
Smart Trader offers a limited selection of trading instruments, primarily focusing on forex and commodities. Clients can trade various currency pairs as well as commodities such as gold, silver, and oil.
The minimum deposit required to open an account with Smart Trader is $100, making it accessible for all traders.
Smart Trader provides several contact methods for customer assistance, including email at info@smarttraderiraq.com and telephone at +964 07709128787. They also have a presence on social media platforms for additional support.
No, Mercato Brokers currently has no valid regulation, which is an important factor for potential traders to consider due to the associated risks.
Mercato Brokers offers a diverse range of trading instruments, including forex pairs (60+), commodities like gold and oil, indices such as the S&P 500 and NASDAQ, stocks from the US and UK, and cryptocurrencies like BTC and ETH.
The minimum deposit requirement for the Classic account at Mercato Brokers starts at $500. Higher minimums apply for Silver, Gold, and Diamond accounts.
You can reach Mercato Brokers customer support via email at info@mercatobrokers.com or by telephone at +964 75053 645 45. They also provide support through social media platforms.