Best CFD Brokers in Iraq (2026)

Top internationally regulated CFD brokers for Iraqi traders. Compare FCA and ASIC-regulated platforms with Islamic account options.

How we rank brokers

Updated 28 May 2026Rankings are editorially independent — never influenced by commercial partnerships

Quick Answer

Based on our 2026 quantitative rating of 20 brokers, Phillip Capital (3.74/5), IronFX, and Dukascopy rank as the top choices. Phillip Capital leads with regulation from MAS, ASIC and 0 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 Phillip Capital — 3.74/5 · Regulated: MAS, ASIC · Min deposit: $0
#2 IronFX — 3.71/5 · Regulated: CySEC, FCA
#3 Dukascopy — 3.71/5 · Regulated: FCA, MAS

See full list and detailed breakdowns below

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FxPro

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Broker	Min Deposit	EUR/USD Spread	Regulation	Score
Interactive Brokers	$0	0.2 pips	SEC, CFTC	4.43/5
Forex.com	$100	0.8 pips	FCA, CFTC	4.40/5
IG Group	$250	0.6 pips	FCA, ASIC	4.33/5

CFD Trading in Iraq

CFD trading in Iraq is conducted exclusively through internationally regulated offshore brokers. The Iraq Securities Commission (ISC) oversees the Iraq Stock Exchange but does not regulate retail CFD platforms. Iraqi traders access global markets via FCA, ASIC and CySEC-regulated brokers, which provide fund segregation and transparent trading conditions. Islamic (swap-free) accounts are essential for the vast majority of Iraqi traders observing Sharia law.

Cryptocurrency deposits are the most practical funding route for many Iraqi traders, as international banking connectivity can be limited. USDT (Tether) is widely used for broker funding. Despite infrastructure challenges, Iraq has a growing young population with strong interest in forex and gold trading as alternatives to volatile local investment options.

What to Look for in a CFD Broker in Iraq

Cryptocurrency deposit support: USDT, Bitcoin or Ethereum deposits are the most reliable funding method for Iraqi traders.
Islamic swap-free accounts: A requirement for most Iraqi traders — verify availability and cost.
Strong international regulation: FCA and ASIC regulation ensures fund safety even outside local jurisdiction.
Arabic-language support: Customer service in Arabic is essential for resolving account or withdrawal issues effectively.
Gold and oil CFDs: XAU/USD and Brent crude are the most popular instruments among Iraqi retail traders.

See all brokers available in Iraq →

Also see CFD brokers in: Jordan · Egypt · Saudi Arabia

🕌 Looking for Islamic (swap-free) accounts in Iraq? See Islamic forex brokers in Iraq →

Frequently Asked Questions

Can Iraqi traders access international CFD brokers?

Yes. Several FCA and ASIC-regulated brokers accept Iraqi residents. Account opening typically requires a passport and proof of address (utility bill or bank statement). Banking limitations mean cryptocurrency is the most common funding method.

Which CFDs are most traded by Iraqi traders?

Gold (XAU/USD), Brent crude oil and major forex pairs (EUR/USD, USD/JPY) are the most popular CFDs among Iraqi traders. These instruments offer liquidity and relevance to Iraq's oil-driven economy.

How do Iraqi traders fund broker accounts?

Cryptocurrency deposits — particularly USDT (Tether) — are the most reliable option due to banking restrictions. Some brokers also accept Skrill or Neteller funded via cryptocurrency, giving traders additional flexibility.

Are Islamic accounts available?

Yes. All brokers on this list offer Islamic swap-free accounts suitable for Iraqi traders following Sharia principles. These eliminate overnight interest charges entirely.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Phillip Capital currently ranks #1 with a score of 3.7/5. Scores are recalculated every 24 hours as broker data changes.