Brokers by Country · GW
Brokers in Guinea-Bissau, 2026
Tracked byIndependent review teamUpdated
Guinea-Bissau is the only Lusophone (Portuguese-speaking) member of the West African Economic and Monetary Union (WAEMU) — the BCEAO is the supranational central bank, and CREPMF regulates capital markets across the eight member states via the BRVM regional stock exchange in Lomé. There is no domestic retail forex/CFD framework. Most retail FX activity routes through offshore brokers; XOF/EUR wires and USDT dominate funding.
7 / 8 brokers accept Guinea-Bissau
mixedEditorial top pick
01Editorial top pick
01FxPro
FCACySECSCBFSCAOpen account at FxPro →- Avg spread
- 0.30pip
- Cost / lot
- $10.00
- Min deposit
- $100
- Max leverage
- 1:500
midpoint of broker rangeincl. $7 commissionEU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one brokerPlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro EdgeFounded in 2006 · Verified Jun 1, 2026
- 02
02Tickmill
FCACySECFSAFSCAOpen account at Tickmill →- Avg spread
- 0.20pip
- Cost / lot
- $8.00
- Min deposit
- $100
- Max leverage
- 1:1000
editorial estimateincl. $6 commissionEU/UK retail: 1:30 · Seychelles entity: 1:1000Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page
Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricingPlatformsMetaTrader 4, MetaTrader 5Founded in 2014 · Verified Jun 1, 2026
- 03
03Deriv
BVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 04
04AvaTrade
ASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 05
05XM Group
ASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
- 06
06Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.$10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight
Fits ifYou have $10 to start — one of the lowest entry minimums in our listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
- 07
07Alpari
MISA1 actionOpen account at Alpari →- Avg spread
- 0.25pip
- Cost / lot
- $7.50
- Min deposit
- $500
- Max leverage
- 1:1000
midpoint of broker rangeincl. $5 commissionPro ECN tier (Mauritius / St. Vincent offshore); Standard tier reaches 1:3000 at $50 min · not offered to EU/UK/AU retail27 years of operating history (founded 1998) — predates most current retail brokers · Regulated only by offshore entities (Mauritius / St. Vincent) after losing its FCA licence in 2015 — no tier-1 regulator, no FSCS-equivalent protection
Fits ifYou have $500+ and want commission-based Pro ECN pricing at ~$7.50/lot with 27 years of operating historyPlatformsMetaTrader 4, MetaTrader 5Founded in 1998 · Verified Jun 1, 2026
Country context
- Regulator
- BCEAO · Banque Centrale des États de l'Afrique de l'Ouest — supranational central bank covering the WAEMU 8-state monetary union; CREPMF handles regional capital-markets regulation. Guinea-Bissau is the only Lusophone WAEMU member
- Currency
- XOF
- Payment methods
- Wire transfer (XOF / EUR)Bank transferUSDT
Personal income tax is progressive. Capital gains regulations are limited and enforcement on retail trading is minimal. Foreign brokers do not withhold; income is reportable via the annual tax return. The CFA franc XOF is pegged to the EUR at a fixed parity (1 EUR ≈ 656 XOF), removing FX conversion risk for EUR-denominated trading.
There are no statutory leverage caps for offshore-served residents; brokers apply their own limits. BCEAO foreign-exchange controls require declaration of larger outbound transfers. CREPMF publishes warnings against unauthorised solicitations across the WAEMU bloc.
Frequently asked
Which brokers accept residents of Guinea-Bissau?+
7 of 8 brokers in our ranking accept Guinea-Bissau: FxPro, Tickmill, Deriv, AvaTrade, XM Group.
Who regulates brokers for Guinea-Bissau?+
Primary regulator: BCEAO — Banque Centrale des États de l'Afrique de l'Ouest — supranational central bank covering the WAEMU 8-state monetary union; CREPMF handles regional capital-markets regulation. Guinea-Bissau is the only Lusophone WAEMU member.
What payment methods are available?+
Common methods: Wire transfer (XOF / EUR), Bank transfer, USDT.
What are the tax rules for trading in Guinea-Bissau?+
Personal income tax is progressive. Capital gains regulations are limited and enforcement on retail trading is minimal. Foreign brokers do not withhold; income is reportable via the annual tax return. The CFA franc XOF is pegged to the EUR at a fixed parity (1 EUR ≈ 656 XOF), removing FX conversion risk for EUR-denominated trading.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.