Forex Brokers in Madagascar

Every broker on this page runs an operating company registered in Madagascar — that is where its parent entity is incorporated and headquartered. Each listing shows the licences it holds, the regulators behind them and its Wikilix score, so you can judge a firm by where it is legally based and how it is regulated rather than by its marketing. A local registration is not the same as local regulation, so check each broker's licences before opening an account. Use the category links above to narrow the list to a regulator tier or to onshore-only firms.