Brokers by Country · PG
Stock Brokers in Papua New Guinea, 2026
Tracked byIndependent review teamUpdated
Papua New Guinea has no domestic retail forex/CFD framework — the SCPNG (Securities Commission of Papua New Guinea) supervises the small Port Moresby Stock Exchange (PNGX) and broker-dealers, while the Bank of Papua New Guinea (BPNG) handles banking and the kina (PGK). The PGK trades under a managed-float regime with periodic USD scarcity. Most retail FX activity routes through offshore brokers (often via Australian-licensed entities); USD/AUD wires and stablecoins dominate funding.
4 / 4 brokers accept Papua New Guinea
stockEditorial top pick
01Editorial top pick
01Deriv
BVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 02
02XM Group
ASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/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 depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
- 03
03Libertex
SVG FSAOpen account at Libertex →- Avg spread
- 0.50pip
- Cost / lot
- $5.00
- Min deposit
- $10
- Max leverage
- 1:999
midpoint of broker rangeno commissionLibertex 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 listPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
- 04
04RoboForex
IFSCOpen account at RoboForex →- Avg spread
- 0.20pip
- Cost / lot
- $6.00
- Min deposit
- $10
- Max leverage
- 1:500
broker-published typicalincl. $4 commissionIFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection
Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimumPlatformsMetaTrader 4, MetaTrader 5, R Stocks TraderFounded in 2009 · Verified Jun 1, 2026
Country context
- Regulator
- SCPNG · Securities Commission of Papua New Guinea — supervises Port Moresby Stock Exchange (PNGX) and broker-dealers; the Bank of Papua New Guinea (BPNG) handles banking and currency
- Currency
- PGK
- Payment methods
- Wire transfer (USD / AUD)BSP MobileBank transferUSDT
Personal income tax is progressive up to 42%. Capital gains on financial instruments are taxed as part of general income. Foreign brokers do not withhold; income is self-declared via the IRC (Internal Revenue Commission) annual return.
There are no statutory leverage caps for offshore-served residents; brokers apply their own limits. BPNG exchange-control rules require declaration of larger outbound transfers and authorisation for some categories of capital movement, which can constrain broker funding. SCPNG publishes warnings against unauthorised solicitations.
Frequently asked
Which brokers accept residents of Papua New Guinea?+
4 of 4 brokers in our ranking accept Papua New Guinea: Deriv, XM Group, Libertex, RoboForex.
Who regulates brokers for Papua New Guinea?+
Primary regulator: SCPNG — Securities Commission of Papua New Guinea — supervises Port Moresby Stock Exchange (PNGX) and broker-dealers; the Bank of Papua New Guinea (BPNG) handles banking and currency.
What payment methods are available?+
Common methods: Wire transfer (USD / AUD), BSP Mobile, Bank transfer, USDT.
What are the tax rules for trading in Papua New Guinea?+
Personal income tax is progressive up to 42%. Capital gains on financial instruments are taxed as part of general income. Foreign brokers do not withhold; income is self-declared via the IRC (Internal Revenue Commission) annual return.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.