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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

For Uzbekistan traders, every pip counts when day trading EUR/USD. Your local currency is the USD, so trading costs are directly in your base currency — no conversion fees eating into profits. Based in UTC+0, you enjoy the London session opening at 08:00 local time, perfect for catching early European momentum. The NY-London overlap runs from 13:00 to 16:30 local, offering the tightest spreads and highest liquidity. Popular deposit methods like Bank Transfer and USDT TRC20 make funding fast and cheap — USDT deposits clear in minutes with fees under $1. With maximum leverage capped at 1:500, you can amplify small moves, but must manage risk carefully. Regulation comes from top-tier international bodies (FCA/ASIC/CySEC), ensuring broker transparency. For example, a trader in Tashkent can open a position at 08:00 local, catch the London open volatility, and close before the overlap ends. Among our verified list, XM Group earns the highest score at 4.3/5 for its combination of low spreads, strong regulation, and local-friendly features.

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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 3,686 reviews
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 15,636 reviews
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 13,578 reviews
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 33,460 reviews
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 57,103 reviews
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 3,136 reviews· Rating unavailable on Trustpilot
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 reviews
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 10,082 reviews
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 reviews
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 reviews
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, essentially your cost to open a trade. For Uzbekistan traders, this cost is critical because your account is in USD — no conversion needed. For example, a 0.1 pip spread on EUR/USD equals $0.10 per 0.01 lot (1,000 units). If you make 100 trades per month, choosing a broker with 0.2 pips (XM Group) instead of 1.2 pips (a high-spread broker) saves you $10 per 0.01 lot per month — or $100 on a 0.1 lot. That saving compounds significantly with higher leverage (up to 1:500 in Uzbekistan). For Uzbekistan traders, ECN accounts are generally better because they offer raw spreads from 0.0 pips plus a small commission, ideal for high-frequency day trading. Fixed spreads may seem simpler but are wider and can be gapped during news events. Uzbekistan traders should always check spread disclosure in broker terms — regulated brokers under FCA/ASIC/CySEC must publish all costs upfront. Given local trading volumes are moderate, every pip saved directly boosts net profitability for Uzbekistan traders.

Trading from Uzbekistan

Best trading times - EUR/USD from Uzbekistan

Uzbekistan operates in UTC+0, giving you a natural advantage for EUR/USD trading. The London session opens at 08:00 local time — you can start your trading day after breakfast, catching early European news and volatility. The most profitable window for Uzbekistan traders is the NY-London overlap from 13:00 to 16:30 local, when both markets are active and spreads can drop as low as 0.09 pips on ECN accounts. You do not need to wake up extremely early or stay up late; your business hours align perfectly with peak liquidity. A recommended routine for Uzbekistan traders: review charts at 08:00 local as London opens, set up trades during the first hour, then actively scalp or day trade during the overlap. Warning: the Asian session (00:00-07:00 local) sees wider spreads and lower volatility — avoid trading then unless you have a specific strategy. Note that Uzbekistan's weekend (Friday-Saturday) means you cannot trade Friday evening or Saturday, but Sunday evening (when Asia opens) is accessible. Every Uzbekistan trader should schedule their day around these local times for optimal execution.

Economic calendar - EUR/USD

EUR/USD economic calendar
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Execution & slippage - Uzbekistan

For Uzbekistan traders, internet infrastructure has improved significantly, but latency can still affect scalping. Most Uzbekistan traders connect to broker servers in London (best for EUR/USD) or New York. Estimated ping from Tashkent to London servers is around 100-120ms, acceptable for day trading but not ideal for high-frequency scalping. Uzbekistan traders should choose brokers with servers in London for fastest execution on EUR/USD during the London session. A VPS (Virtual Private Server) is highly recommended for Uzbekistan traders who scalp or trade during the overlap — it reduces latency to under 5ms and ensures 99.9% uptime. Among our list, XM Group offers the best execution for Uzbekistan traders, with a dedicated London server and no requotes on market orders. Always test your broker's execution with a small deposit first — slippage of 0.1-0.3 pips is normal during news events, but consistent slippage above 0.5 pips indicates poor execution quality for Uzbekistan traders.

Accounts, costs and safety

Islamic accounts & swap fees - Uzbekistan

Uzbekistan is a Muslim-majority country (approximately 96% Muslim), making Islamic (swap-free) accounts highly relevant for local traders. Under FCA/ASIC/CySEC regulation, brokers must offer genuine swap-free accounts with no hidden fees for Muslim clients. For a Uzbekistan trader with a $1,000 account at 1:100 leverage, holding a 0.1 lot EUR/USD position overnight costs approximately $0.30-$0.50 in swap (depending on broker and interest rates). The top 2 Islamic account brokers available in Uzbekistan are XM Group (no admin fees, unlimited swap-free period) and Exness (free Islamic account, but check for fees after 7 days). 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 (midnight local), avoiding overnight charges entirely. Always confirm swap-free terms in writing with your broker to avoid unexpected costs.

Related guides

FAQ - Lowest Spread Brokers For Day Trading 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.
Quick facts - Uzbekistan
PlatformMT4
InstrumentEUR/USD
Brokers compared11
Islamic accounts10 available
Lowest spread—
Min deposit$0
Risk warning: Trading CFDs involves significant risk of loss. Most retail investors lose money.
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