Best Brokers With UAH Accounts 2025
Dig into our top brokers offering UAH accounts, based on thorough testing, designed to reduce conversion fees and optimize the trading experience for traders in Ukraine.
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1Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 Founded in 2019, Quotex is a binary broker providing over 400 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on user-friendly features, offering short-term contracts from 5 seconds to 4 hours, with payouts up to 95%.
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Accounts Comparison
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Broker | Popularity |
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Exness |
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Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
Cons
- MetaTrader 4 and 5 are supported, but TradingView and cTrader are not available yet, despite increasing demand from traders and their integration with other platforms like Pepperstone.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
Why Trade With Quotex?
Quotex is perfect for binary traders seeking short-term trades on global markets, offering payouts up to 95%. The platform is frequently updated, offers daily trading signals, and is intuitive for new users.
Pros
- The web platform and app are user-friendly, featuring a clean design and easy order execution based on our tests. They offer multiple indicators and built-in trading signals, suitable for both beginners and experienced traders.
- A free demo account with $10,000 in virtual funds allows new traders to practice strategies and test the platform without risking real money. It's a great tool for beginners to gain experience.
- Quotex allows trading with a minimum of $10, suitable for beginners and testing the platform with low risk. Withdrawals also start at $10, providing easy fund access.
Cons
- Customer service is available only through email and social media, which may result in slow response times. Competitors like Videforex offer 24/7 live chat and phone support, allowing for quicker assistance with technical or withdrawal issues.
- Quotex has limited market analysis tools and does not provide real-time financial news, economic calendars, or detailed research reports. It also lacks educational resources like courses, webinars, and expert insights, making it less suitable for beginners.
- Quotex is an offshore broker in a jurisdiction with loose regulations. It lacks the investor protection, dispute resolution, and fund security offered by regulated brokers, making it riskier.
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Understanding UAH Trading Accounts
UAH trading accounts use the Ukrainian hryvnia as their main currency. This is especially beneficial for traders in Ukraine as it helps avoid extra charges for currency conversion and makes managing their accounts easier.
Choosing the Best Brokers for UAH Accounts
To help you find the top trading platforms with UAH accounts, we did the following:
- Looked through our database of online brokers.
- Identified those offering Ukrainian hryvnia as the base currency.
- Ranked them based on a detailed evaluation of over 100 factors and personal testing.
What Is a UAH Account?
A UAH account is a type of trading account where all transactions, including trades, deposits, and withdrawals, are done in Ukrainian hryvnia (UAH). This is beneficial as it simplifies the process by using your local currency.
Should You Get a UAH Account?
A UAH trading account could be ideal if:
- You reside in Ukraine and earn in UAH, making it convenient to manage funds in your local currency.
- You wish to trade in markets specific to Eastern and Central Europe, or currencies like UAH/USD and UAH/EUR, although these are not often offered by many brokers.
- You’re an international trader aiming to diversify by trading in different currencies.
Checking If a Broker Offers UAH Accounts
To find out if a broker provides UAH accounts, follow these steps:
- Visit the broker’s website and check the account options for available base currencies.
- Ensure ‘UAH’ is listed as a choice for Ukrainian accounts.
- When signing up, select UAH as your base currency.
Benefits and Drawbacks of UAH Trading Accounts
Benefits
- Ukrainian traders using UAH accounts can reduce or avoid fees related to currency conversion.
- Some of the top UAH brokers are regulated by reputable authorities such as the Cyprus Securities and Exchange Commission (CySEC), with Exness being an example.
- UAH accounts simplify account management for traders in Ukraine, especially those dealing with many trades.
Drawbacks
- UAH accounts are rare compared to major currencies like EUR or USD, which means fewer options for choosing brokers.
- Few brokers offer local and regional market assets or UAH currency pairs, limiting opportunities for Ukrainian traders.
- Conversion fees may still apply when trading international assets like US stocks; for instance, some brokers charge a 0.5% fee.
Frequently Asked Questions
Which Broker Offers the Best UAH Account?
We have tested various trading platforms with UAH accounts. Check out our recommended list to find the best fit for your needs.
What Is the Cost to Open a UAH Trading Account?
Most brokers allow opening an account for about 250 USD (around 9,810 UAH) or less, with some offering even lower amounts. Exness, for instance, lets you start with just $10, making it a great choice for beginners or traders on a budget. Moreover, Exness provides a wide range of tools and platforms for more experienced investors.