Brokers With UAH Accounts

Contributor Image
Written By
Contributor Image
Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
Contributor Image
Edited By
Contributor Image
Edited By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

UAH trading accounts offer the Ukrainian hryvnia as the base currency. For Ukrainian traders, they reduce or eliminate currency conversion fees and facilitate convenient account management.  

Explore our selection of the best brokers with UAH accounts, tested thoroughly by our analysts.  

Best Brokers With UAH Accounts

These are the top 2 trading platforms that offer UAH accounts according to our tests:

Click a broker for details
  1. 1
    Exness

    Ratings
    4.5 / 5
    4.3 / 5
    4.2 / 5
    4.8 / 5
    4.3 / 5
    4.5 / 5
    4.3 / 5
    3 / 5
    4.4 / 5
    4.3 / 5

    $10
    0.01 Lots
    1:2000
    FSA, CySEC, FCA, FSCA, FSC, CBCS, CNMV
    CFDs, Forex, Stocks, Indices, Commodities, Crypto
    Exness Trade App, MT4, MT5, TradingCentral
    Wire Transfer, Credit Card, Visa, Mastercard, Bitcoin Payments, Boleto
    USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR
  2. 2
    Quotex
    30% Deposit Bonus

    Ratings
    1.8 / 5
    4 / 5
    3.5 / 5
    4.5 / 5
    3.3 / 5
    1 / 5
    1.8 / 5
    1.8 / 5
    4.2 / 5
    4.1 / 5

    $10
    $1
    Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
    Web Platform, Mobile App
    Credit Card, Visa, Mastercard, Perfect Money, Bitcoin Payments, Wire Transfer, Ethereum Payments, Maestro, Debit Card
    USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH

This is why we think these brokers are the best in this category:

  1. Exness - Exness is a Cyprus-based forex and CFD brokerage established in 2008. With over 800,000 clients, several awards and reputable licensing, the broker has maintained its position as a highly respected global brand. Active day traders can access the popular MT4 and MT5 platforms, raw spreads and multiple account types.
  2. Quotex - Quotex has been a top binary options broker since 2019, offering over 400 binaries across currencies, commodities, stocks, and crypto. With contracts spanning 5 seconds to 4 hours, short-term traders enjoy flexibility while payouts that exceed 95%, offer high potential returns. Continuously adapting to trader demands, Quotex provides a user-friendly platform for trading binaries.

Brokers With UAH Accounts Comparison

Brokers With UAH Accounts Comparison
Broker UAH Account Minimum Deposit Markets Regulator
Exness logo $10 CFDs, Forex, Stocks, Indices, Commodities, Crypto FSA, CySEC, FCA, FSCA, FSC, CBCS, CNMV
Quotex logo $10 Digital Options on Stocks, Indices, Forex, Commodities, Cryptos -

Exness

"Exness remains an accessible broker for all experience levels, though experienced day traders will particularly appreciate the ultra-low commission rates, fast withdrawals and high-quality charting software."

Tobias Robinson, Reviewer

Exness Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Crypto
RegulatorFSA, CySEC, FCA, FSCA, FSC, CBCS, CNMV
PlatformsExness Trade App, MT4, MT5, TradingCentral
Minimum Deposit$10
Minimum Trade0.01 Lots
Leverage1:2000
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR

Pros

  • Local payments are available, plus deposits in BTC and USDT
  • The broker is accessible for beginners with low minimum deposits from $10 and flexible payment methods
  • Experienced strategy providers can open social trading accounts, with monthly commissions up to 50%

Cons

  • There are several regional restrictions for retail traders including the USA, Europe and the UK
  • There are no promotional deals or loyalty schemes for high-volume day traders
  • Unlike most competitors, Exness doesn't provide its own education section

Quotex

"Quotex is best for making short-term trades on popular markets. The payouts up to 98% are above average and enhancements to the platform have ensured it's easy to use for beginners. That said, the lack of regulatory oversight, limited education and weak support are key drawbacks."

Jemma Grist, Reviewer

Quotex Quick Facts

Bonus Offer30% Deposit Bonus
Demo AccountYes
InstrumentsDigital Options on Stocks, Indices, Forex, Commodities, Cryptos
PlatformsWeb Platform, Mobile App
Minimum Deposit$10
Minimum Trade$1
Account CurrenciesUSD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH

Pros

  • The platform continues to delivers a superb trading environment with strong charting tools for technical traders
  • Account funding is straightforward thanks to the wide range of payment methods, zero fees and intuitive cashier portal
  • Quotex maintains its position as an excellent choice for short-term binary trading with turbo contracts from 5 seconds

Cons

  • Quotex is unregulated, which means traders may receive limited safeguards
  • Customer support has been weak during tests with no live chat and slow response times
  • There is no copy trading, which could support new traders looking to learn from experienced investors

How Did We Choose The Best Brokers?

To find the best trading platforms with UAH accounts we:

  • Searched our database of around 500 online brokers and trading platforms
  • Narrowed it down to all those that offer accounts based in the Ukrainian hryvnia
  • Ranked them by their rating, drawing on 100+ data points and first-hand tests

What Is A UAH Account?

A UAH account is a trading account where the base currency is set to Ukrainian hryvnia.

This means that all transactions, including trades and deposits/withdrawals, are carried out in UAH.

As an example, I opened a UAH account with Exness below:

Opening a UAH trading account at Exness
Exness – UAH Account Registration

Do I Need A UAH Account?

A UAH account might work for you if:

  • You live in Ukraine and earn money in UAH because holding funds in your local currency is more convenient.
  • You want to trade regional markets like eastern and central European stocks or currency pairs like the UAH/USD or UAH/EUR, though we’ve found these forex assets are not commonly supported for trading at retail brokers.
  • You are an overseas trader looking to gain exposure to diverse markets by holding funds in another currency.

How Can I Check If A Broker Offers An Account In Ukranian Hryvnia?

You can follow the same simple steps that we took to ensure all our recommended platforms offer a UAH account:

  1. Head to the account options section on the broker’s website and find the list of available base currencies.
  2. Check that ‘UAH’ is listed as a supported currency in Ukraine.
  3. Sign up for an account and select UAH as your base currency.

Pros & Cons Of UAH Trading Accounts

Pros

  • Active Ukrainian traders using a UAH account may face fewer or zero currency conversion fees when depositing in their local currency.
  • While not many brokers are overseen by the National Bank of Ukraine, we’ve found some of the top brokers with UAH accounts are regulated by trusted ‘green tier’ authorities like the Cyprus Securities and Exchange Commission (CySEC), notably Exness.
  • UAH accounts make account and trade management more convenient for Ukrainian day traders who prefer to deal in a familiar currency, especially when executing a high volume of orders.

Cons

  • UAH accounts are extremely uncommon compared to other key currencies like the EUR or USD (accounting for less than 1% of all the brokers we’ve evaluated), giving traders limited choice in terms of online brokers
  • Our tests have found that local and regional markets such as Eastern European stocks and UAH currency pairs are also very uncommon at most brokers – disappointing for Ukranian traders looking to trade local assets in their home currency.
  • You may still be subject to conversion fees on other international assets, such as US stocks. CMC Markets, for example, charges 0.5%.

FAQ

Which Is The Best Broker With A UAH Account?

We’ve thoroughly tested the best trading platforms with UAH accounts. See our list to find the right option for you.

How Much Does It Cost To Open A Trading Account Based In Ukrainian Hryvnia?

Most brokers will allow you to open a trading account for 250 USD (around 9,810 UAH) or less. However, we’ve seen some trading platforms with UAH accounts offering much less.

Exness, for example, allows you to start with just $10, making it an ideal choice for beginners or those on a budget. For more experienced investors, I’ve also been impressed with its superb selection of platforms and research tools.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com