Best 27 telegram trading channels for Uzbekistan

In recent years, Uzbekistan has taken significant steps toward liberalizing its financial market. Since 2019, a large-scale reform has been underway, including the establishment of the Republican Stock Exchange “Toshkent” and simplifying private investors’ access to trading instruments. Currently, available assets include shares of Uzbek companies, government bonds, and currency pairs such as USD/UZS and EUR/UZS.

The market remains young, which means high volatility—attracting traders looking for short-term opportunities. However, liquidity is mainly concentrated in the top 10 issuers (e.g., “Uzmetkombinat,” “Uzbekneftegaz”). Over-the-counter (OTC) trading still dominates, but regulators are actively developing electronic trading platforms.

For foreign traders, a key limitation is the partial convertibility of the som. Capital withdrawals require documentation through authorized banks, and futures/options trading is only available to residents. As a result, cryptocurrency trading via unregulated platforms has grown in popularity.

Legal Aspects of Trading in Uzbekistan

Trading activities are regulated by the Securities Market Law and decrees of the Central Bank. Individuals can trade without a license, but an annual income exceeding 100 million soum (≈$8,000) is subject to a 12% income tax. Legal entities must register as professional market participants, requiring a minimum charter capital of 1 billion soum (≈$80,000).

Parameter	Value
Population	~37 million (2024)
Median age	28.5 years
GDP per capita	~$2,500 (nominal, 2024)
Internet penetration	~75% (2024)
Number of stock exchanges	1 (Tashkent Stock Exchange)
Largest cities	Tashkent, Samarkand, Namangan, Andijan, Nukus

Brokerage services are provided by 15 licensed companies, including AKFA Capital and Anor Bank Securities, offering web terminals with MetaTrader 4 support and mobile apps. Note that margin trading is only permitted for qualified investors who can prove experience and assets worth at least 200 million soum (≈$16,000).

The Central Securities Depository monitors compliance. All transactions must be registered, and insider trading is punishable by fines of up to 50 base amounts. A unique local regulation is the ban on short-selling stocks of strategic enterprises.

Practical Trading Tips for Uzbek Residents

Beginners should start with demo accounts offered by local brokers to study price movements in Uzbek assets. A recommended initial deposit is at least $500, reducing risks with standard 1:10 leverage. Technical analysis works predictably on USD/UZS charts due to low Forex market liquidity.

Effective strategies for the local market:

• Scalping on news about changes in the Central Bank’s currency corridor
• Arbitrage between exchange rates and the black market
• Long-term investments in export-oriented companies

An economic calendar is essential—government decisions on import duties or subsidies can trigger sharp price movements. To manage risks, use stop-loss orders at 2-3% of the deposit. Alternatively, crypto trading via Binance or LocalBitcoins is an option, but legal protections are absent.

Here are the most popular Telegram channels among traders in the country

	Title	Telegram channel address	Number of subscribers	Language
1	Growing trade	https://t.me/growtreding	14 347	Uzbek
2	Grow treding	https://t.me/growtreding	14 293	Uzbek
3	MK SAMANDAR 🇺 🇿 💸	https://t.me/MKFOREX_VIP	113 492	Uzbek
4	R.S.T / INVEST	https://t.me/RST_invest	36 943	Uzbek
5	BACK TRADER	https://t.me/bektrpro	19 905	Uzbek
6	brokers association 📢	https://t.me/tender1uz	6 320	Uzbek
7	Nur Ismailov	https://t.me/nurismoilov	17 278	Uzbek
8	AZGA FX	https://t.me/azga_fx	16 108	Uzbek
9	UPLIFT | Javlon Otaqulov	https://t.me/upliftuz	6 601	Uzbek
10	Ilhamjon Ibragimov (official channel)	приватный	40 858	Uzbek
11	InfoUzEX	https://t.me/infouzex	13 379	Uzbek
12	Forbes club_signal TP!	https://t.me/forbes_navoiy	8 651	Uzbek
13	bank_kuni	https://t.me/bank_kuni24	7 011	Uzbek
14	InfoUzEX	https://t.me/infouzex	13 372	Uzbek
15	LM / Invest Lab	приватный	20 791	Uzbek
16	DIAMOND / FX	https://t.me/Diamond_Fx	16 421	Uzbek
17	Isroil Samatov | Stock Market |	https://t.me/Mr_Xasanovich	8 545	Uzbek
18	BTFX CHANNEL	https://t.me/BTFXchannel	4 022	Uzbek
19	Pul | Moliya | Iqtisodiyot	https://t.me/pulmoliyaiqtisodiyot	1 404	Uzbek
20	Vizier | Business and Economics	https://t.me/vizieruz	21 230	Uzbek
21	Nur Invest	https://t.me/nurinvest	6 196	Uzbek
22	Invest24 – Fond bozori va investitsiyalar	https://t.me/invest24uz	4 157	Uzbek
23	Ishonchli broker 100%	приватный	5 211	Uzbek
24	Investds_uz	https://t.me/investds_uz	1 308	Uzbek
25	Digital Invest🇺🇿📈	https://t.me/digitalinvest_uz	1 045	Uzbek
26	Trader in touch | XM	https://t.me/traderonlineru	1 113	Russian
27	Forex Neuron	https://t.me/forex_signals_club	3 537	Uzbek

FAQ: Key Questions Answered

Which brokers are reliable for trading in Uzbekistan?
Licensed brokers: Kapital Depozit Bank, Trust Bank Broker. For international markets—Interactive Brokers (with limited functionality due to sanctions).

How to withdraw trading profits?
Via bank transfer, requiring a broker agreement and tax declaration. Commission: 0.5-1.5% of the amount.

Is cryptocurrency trading taxed?
Since 2023, a 10% tax applies to crypto sales income if traded through a local exchange.