If you are already a Forex Trader or you have just started researching about Forex, you may have heard of Pepperstone, Australia's main Forex and CFD Trading Platform. Because of the favorable conditions that they provide to clients [in terms of spreads and trade execution], Pepperstone's popularity has grown exponentially. But what you want to check is whether the company accepts or not local clients. Unfortunately, No, Pepperstone does not open Trading accounts for clients living in Somalia.
If your investments are in Shillings and you are looking to invest in a different currency, say in Dollars or Euros, you might want to try XM. XM is a Forex and CFD broker that provides a large number of Forex pairs and CFDs on international financial instruments like stocks, indexes, metals and energy. These instruments are available through MetaTrader 4 and 5, two of the most popular Trading Platforms globally. XM has more than 2.5 million accounts from clients all over the world and is aimed at both beginners and professional investors. A cool thing about XM is that it offers a USD 30 bonus for new accounts [The bonus doesn't require you to deposit money in advance]. So, go ahead, claim the bonus, and try XM, it is indeed a great alternative to Pepperstone for local clients. By the way, opening a Trading account with XM from Somalia is quite easy, you just need to upload an ID (Passport or Warqadda Aqoonsiga) and a Utility bill through XM's App.
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