Brokers Based in Bangladesh

Seven brokers in the WIKILIX records keep their registered head office in Bangladesh, and this page lists all seven, ordered by overall WIKILIX score. They are a different set from the firms that appear when you search for a forex broker to trade with from Dhaka: these are the banks and stock brokerages actually incorporated in the country, not the international platforms that take Bangladeshi clients from abroad.

The boundary here is domicile, meaning the country a company is headquartered and registered in. It is not the same as who the firm is licensed by, and it is not the same as who it will open an account for. A broker can sit on this list with a Bangladeshi address and still hold its trading permissions somewhere else, and a broker that happily accepts sign-ups from Bangladesh can be missing entirely because its office is in Cyprus or Australia.

What a Bangladeshi address does and does not tell you

Scores across the seven run from 16.4 to 56.7, with a median of 35.7, so even the strongest name here sits well below the level a long-established international broker reaches. BRAC EPL leads at 56.7. Pubali Bank, opened in 1959, is the oldest firm on the list and one of six of the seven that began trading before 2010. Only Smart Trader, registered in 2019, is genuinely recent, and it is also the only firm here that records no regulator at all, which is why it is marked as unregulated.

Most of these are not forex brokers in the sense a retail trader means. Pubali Bank, NCC Bank and IFIC Bank are Bangladeshi banks, while BRAC EPL and Shahjalal Islami Bank Securities are stock brokerages tied to the country's exchanges. Three of them record a maximum leverage of 1:1, which is another way of saying they deal in cash shares and banking rather than leveraged currency contracts. The two names showing real leverage, RGL at 1:500 and Smart Trader at 1:300, are the exception rather than the rule.

Who you will not find here, and why

Search results for trading in Bangladesh are dominated by names like Exness, IC Markets and XTB. None of them appears on this list, because none is headquartered in Bangladesh. They hold licences from authorities such as the FCA in the United Kingdom, ASIC in Australia or CySEC in Cyprus, and they reach Bangladeshi clients from those bases. If your real question is which foreign brokers accept residents of Bangladesh, a list built on domicile cannot answer it, and you should read each broker's own account terms instead.

How trading is overseen in Bangladesh

Currency dealing in Bangladesh falls mainly under Bangladesh Bank, the central bank, while the Bangladesh Securities and Exchange Commission oversees the stock market that the brokerages here belong to. There is no domestic licence aimed at retail online forex the way the FCA or ASIC run one. That gap is why the short regulator labels recorded against these firms, whether FCA, SEC or FSC, are worth confirming on the actual register before you rely on them, rather than reading a three-letter code at face value.

Before you open an account with any of these firms

• Confirm which legal entity you would be contracting with, since a bank and its brokerage arm are separate companies with separate protections.
• Check whether the service you want is share dealing on the local exchange or leveraged currency trading, because most firms here only offer the first.
• Ask which authority supervises the specific account you are opening, then verify that registration on the authority's own list.
• For any firm quoting high leverage, such as RGL at 1:500, confirm the product and the entity behind it before funding anything.