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Forex Brokers in Mongolia

Every broker on this page runs an operating company registered in Mongolia — 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.

Forex Brokers in Mongolia

Compare brokers headquartered and registered in Mongolia: licences, regulators, Wikilix scores, leverage and trader reviews.

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  • 🏆Top rated2271
  • 🥇Tier 1 regulated911
  • 🥈Tier 2 regulated454
  • 🥉Tier 3 regulated458
  • 🏅Tier 4 regulated93
  • 🏛️Onshore1146
  • 🏝️Offshore559
  • 🚫No top-tier regulation904

5 Brokers Found

MGL FOREX logo

MGL FOREX

30
No Regulation
Mongolia
MOTFX logo

MOTFX

MOT Forex Limited Liability Company

51
No Regulation
Mongolia
Sheer Markets logo

Sheer Markets

Sheer Markets (Cyprus) Limited

47.3
Regulated
Mongolia
Est. 2016
Performance Metrics (2 factors)
Software
50
Account Type
10
Regulation
N/A
License
N/A
1:500
1 Platform
License: N/A
View Details
Est. 2022
Performance Metrics (1 factors)
Software
51
Regulation
N/A
License
N/A
Spread
N/A
1:1000
2 Platforms
License: N/A
View Details
Est. 2019
MFSA
Performance Metrics (4 factors)
Regulation
32
License
83
Software
50
Account Type
24
1:100
1 Platform
Mongolia flagMongolia
View Details
  • ⚠️Scam alerts20
  • Browse by countryUnited Kingdom229Hong Kong185Saint Vincent and the Grenadines161Cyprus132Australia131Japan129Seychelles116Saint Lucia114All countries →
    NAGA logo

    NAGA

    NAGA Group AG

    48.1
    Regulated
    Mongolia
    Est. 1996
    CNMV
    Performance Metrics (4 factors)
    Regulation
    33
    License
    83
    LiteForex logo

    LiteForex

    Liteforex (Europe) LTD

    48.6
    Regulated
    Mongolia
    Est. 2008
    MFSA
    Performance Metrics (4 factors)
    Regulation
    32
    License
    83
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    Software
    50
    Account Type
    26
    1:200
    1 Platform
    Regulated in:
    Cyprus flagCyprusSeychelles flagSeychelles
    View Details
    Software
    51
    Account Type
    28
    Maximum Leverage: N/A
    2 Platforms
    Mongolia flagMongolia
    View Details