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
EUR/USD Broker Comparison - Uzbekistan
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.2 | $10 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
| 4.3 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.7 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.9 | $0 | — | MT5 MT4 cT | No | ASIC | Open |
| 3.8 | $0 | — | MT5 MT4 | Yes | FCA | Open |
| 3.9 | $25 | — | MT5 MT4 | Yes | CySEC | Open |
For traders in Uzbekistan, the EUR/USD pair offers exceptional liquidity and tight spreads — but choosing the right broker is critical. Since your local currency is the USD, every pip saved directly boosts your bottom line in dollar terms, without conversion friction. Trading from Uzbekistan (UTC+0) means you catch the London session at a convenient 08:00 local time, with the lucrative New York-London overlap running from 13:00 to 16:30 local — perfect for active afternoon trading. Popular deposit methods among local traders include Bank Transfer and USDT TRC20, offering fast, low-cost funding. With a maximum leverage of 1:500 available through international regulators like FCA, ASIC, and CySEC, you can amplify small accounts while managing risk. For example, a trader in Tashkent using XM Group (our top pick with a 4.3/5 score) can access an all-in EUR/USD spread of just 0.2 pips — the lowest on this list. This guide is built specifically for Uzbekistan traders seeking the most cost-effective EUR/USD experience in 2026.
EUR/USD Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 MT4 brokers for EUR/USD in Uzbekistan

#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
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 FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 Vantage
FCA,ASIC,CIMA,VFSC
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 FCAWithdrawals
bank wire transfers, credit/debit cards, and major e-wallets/cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
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 ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 Exness
FCA,CySEC,ASIC,FSA,FSCA,CBCS
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 FCAWithdrawals
electronic wallets, bank cards, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 IC Markets
ASIC,CySEC,FSA,SCB
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 ASICWithdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#6 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
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 ASICTrading involves risk of loss. CFDs are complex instruments.
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 CySECTrading involves risk of loss. CFDs are complex instruments.

#8 Fusion Markets
ASIC,VFSC,FSA
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 ASICTrading involves risk of loss. CFDs are complex instruments.

#9 HotForex HFM
FCA,CySEC,DFSA,FSC,FSA,SFSA
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 FCAWithdrawals
bank wires, credit/debit cards, and e-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 OctaFX
CySEC,SVG FSA,CMA Kenya
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 CySECWithdrawals
local bank transfers, electronic wallets, and cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is EUR/USD on MT4?
The EUR/USD spread is the difference between the bid and ask price, effectively your cost to enter a trade. For Uzbekistan traders, this cost is paid directly in USD — your local currency — making it transparent and easy to monitor. For instance, a 0.1 pip spread on a 0.01 lot (1,000 units) equals $0.01 per trade; over 100 trades, a trader paying 0.2 pips (like at XM Group) saves $10 compared to someone paying 1.2 pips. This matters more in Uzbekistan because local trading volumes may be lower, and every dollar saved on spreads directly improves risk-adjusted returns. ECN spreads (like IC Markets' 0.70 pips all-in) are generally better for Uzbekistan traders using 1:500 leverage, as they offer tighter raw spreads with a small commission — ideal for scalping. Fixed spreads, while predictable, are often wider and eat into profits faster at high leverage. For example, a trader from Tashkent making 100 EUR/USD trades per month saves roughly $20 by choosing XM Group (0.2 pips) over a broker with 1.0 pip spread. Regulators like FCA and CySEC require brokers to clearly disclose spreads in their documentation, giving Uzbekistan traders the transparency needed to compare costs accurately.
Best trading times - EUR/USD from Uzbekistan
For traders in Uzbekistan (UTC+0), the best EUR/USD trading times align perfectly with local business hours. The London session opens at 08:00 local time — a comfortable start to the trading day. Uzbekistan traders can check charts and place orders right after morning preparations. The most liquid window is the New York-London overlap from 13:00 to 16:30 local time, when spread costs can drop as low as 0.09 pips at top ECN brokers. This afternoon session is ideal for active trading, as it avoids late-night screen time. Conversely, the Asian session (00:00–07:00 local) should be avoided by Uzbekistan traders — spreads often widen by 20–50% due to lower liquidity, making it costly for scalping. Uzbekistan does not observe major public holidays that affect global forex liquidity, but weekends (Saturday–Sunday local) see no trading. A practical routine: start your day at 08:00 with London open analysis, then execute high-probability trades during the 13:00–16:30 overlap for the tightest spreads and best execution.
Economic calendar - EUR/USD
Execution & slippage - Uzbekistan
Uzbekistan's internet infrastructure has improved significantly, but traders in Tashkent may experience 50-100ms latency to European servers. For optimal EUR/USD execution, Uzbekistan traders should connect to London-based servers — reducing ping to around 60-80ms and aligning with the local trading session. Scalping is feasible with this latency, but traders using high-frequency strategies may benefit from a VPS hosted near the London Equinix LD4 data center. Among brokers, XM Group offers the most Uzbekistan-friendly execution, with fast order processing and minimal slippage during high-liquidity periods. Slippage on EUR/USD at XM Group averages less than 0.1 pips during the overlap, compared to 0.3-0.5 pips during Asian hours. For Uzbekistan traders, using a VPS (costing $10-30/month) can reduce latency by 20-30ms, improving fill quality. Always test execution with a demo account first — especially if you plan to scalp with the maximum 1:500 leverage available to Uzbekistan residents.
Islamic accounts & swap fees - Uzbekistan
Uzbekistan is a Muslim-majority country (approximately 96% of the population), making swap-free (Islamic) accounts highly relevant for local traders. Regulators like FCA and CySEC permit Islamic accounts that charge no overnight interest on EUR/USD positions. For a Uzbekistan trader with a $1,000 account at 1:100 leverage, a standard long EUR/USD position of 0.1 lot would incur approximately $0.30 per night in swap fees — which Islamic accounts waive entirely. Our top two Islamic account brokers available in Uzbekistan are XM Group and Exness, both offering genuine swap-free conditions with no hidden administration fees after 7-10 days (a common industry trap). For non-Muslim Uzbekistan traders, the best way to minimize swap costs is to close all positions before the daily rollover at 22:00 GMT (22:00 local time in Uzbekistan during standard time). Always verify swap rates in your broker's contract specifications before trading overnight.
Related guides for Uzbekistan traders
More Uzbekistan broker guides
FAQ - Zero Spread EUR/USD Brokers in Uzbekistan
Which broker has the lowest EUR/USD spread in Uzbekistan in 2026?+
Is EUR/USD trading legal in Uzbekistan?+
What is the best time to trade EUR/USD from Uzbekistan?+
Do forex brokers offer Islamic accounts for EUR/USD trading in Uzbekistan?+
How do I deposit money to a forex broker from Uzbekistan?+
What is the maximum leverage for EUR/USD trading in Uzbekistan?+
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.