Brokers Based in Cambodia

Seven brokers WIKILIX has on record give a Cambodian address as their head office, and most are not the names a search for a Cambodian trading account turns up. They are small local derivatives and CFD firms, one commercial bank, and one exchange operator, ranked here by overall score from uag Markets at 50 down to ACLEDA Bank at 11. The median score across the seven is just 25.4.

This is a list by domicile, meaning where each company is registered rather than where it is licensed to hold your money or which traders it accepts. That gap is wider in Cambodia than in most places, and it is the first thing to settle before reading any further.

The brokers you came looking for, and why they are absent

Open any "best forex brokers in Cambodia" comparison and you will see Exness, XM or Pepperstone at the top. Not one of them appears here. They are headquartered in Cyprus, Australia or offshore islands and reach Cambodian clients from abroad, so a domicile list leaves them out by design. This page answers the narrower question those lists skip: which firms actually keep a registered office inside the country, and what that office is worth.

What a SERC registration is, and what it is not

Five of the seven, AIMSCAP, BIC Markets, CFD Capital, CDX and ACLEDA Bank, record an entry with the Securities and Exchange Regulator of Cambodia (SERC), the country's securities and derivatives supervisor. WIKILIX classes SERC as a tier-3 authority with offshore standing: it is a real regulator, but the investor compensation and conduct protections behind it are thinner than a tier-1 body such as the UK Financial Conduct Authority or Australia's ASIC. The remaining two hold no Cambodian entry at all. uag Markets records no licence anywhere, and GLX carries only a Cyprus CySEC registration earned abroad.

Four of the seven carry a status flag worth reading before any deposit. uag Markets is marked as operating without regulation. BIC Markets and CFD Capital are recorded as exceeding the scope of their permission. AIMSCAP is flagged as a suspected clone of a regulated name, despite listing both an Australian ASIC and a SERC entry. Only GLX, CDX and ACLEDA Bank sit at a clean regulation status.

Why a registered address tells you so little here

Cambodia's retail derivatives sector is young. Three of these firms, CDX, CFD Capital and uag Markets, opened in 2019 or later, while the oldest entry, ACLEDA Bank, dates to 1993 and is a commercial bank rather than a trading house. A country of registration decides which courts and which regulator you would turn to if a withdrawal stalled or an account was frozen. With a tier-3 offshore supervisor behind most of these names, that recourse is weaker than a Cypriot or Australian registration would give you, and for uag Markets, which lists no licence, there is no local supervisor to approach at all.

Checks that matter for a Cambodia-registered broker

• Confirm the SERC entry on the regulator's own register before depositing. A registered office is not proof of a live derivatives permission.
• Read which legal entity your account contract actually names. A Cambodian address does not mean a Cambodian company holds your funds.
• Weigh the leverage against the risk. GLX advertises up to 1:1000, four of the others cap at 1:100, and CDX runs at 1:1.
• For AIMSCAP, check the ASIC licence number directly with the Australian regulator, because the firm carries a suspected-clone flag.