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Brokerlist2026

Brokers by Country · KP

Brokers in North Korea, 2026

Tracked byUpdated

North Korea is under comprehensive UN Security Council sanctions and broader US, EU, UK and South Korean sanctions covering virtually all cross-border financial transactions. The Central Bank of the DPRK operates a closed financial system; the won (KPW) is not internationally convertible, with USD and CNY informally circulating. There is no functional retail forex/CFD framework accessible to international brokers. Every major retail broker explicitly prohibits North Korean residents at KYC.

3 / 9 brokers accept North Korea

mixed

  1. Editorial top pick

    01Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997

    Full Libertex details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009

    Full XM Group details →

  3. 03FxPro

    FCACySECSCBFSCA
    Open account at FxPro →
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing

    Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006

    Full FxPro details →

Country context

Regulator
DPRK Central Bank · Central Bank of the Democratic People's Republic of Korea — operates a closed financial system under comprehensive UN, US, EU and UK sanctions; no functional capital-markets regulator
Currency
KPW
Tax

North Korea does not have a personal income tax framework comparable to other jurisdictions; the country officially abolished personal taxation in 1974 and operates on state-allocated income.

Retail trading rules

All major international brokers list North Korea as comprehensively prohibited under sanctions screening; KYC will be rejected and any account opening attempt is itself a sanctions-screening red flag. There is no realistic path for a North Korean resident to open or fund an offshore retail broker account through compliant channels.

Frequently asked

Which brokers accept residents of North Korea?+

3 of 9 brokers in our ranking accept North Korea: Libertex, XM Group, FxPro.

Who regulates brokers for North Korea?+

Primary regulator: DPRK Central Bank — Central Bank of the Democratic People's Republic of Korea — operates a closed financial system under comprehensive UN, US, EU and UK sanctions; no functional capital-markets regulator.

What payment methods are available?+

Common methods: .

What are the tax rules for trading in North Korea?+

North Korea does not have a personal income tax framework comparable to other jurisdictions; the country officially abolished personal taxation in 1974 and operates on state-allocated income.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jul 14, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.