Brokers by Country · LV
Crypto Brokers in Latvia, 2026
Tracked byIndependent review teamUpdated
Latvia is a eurozone member state under ESMA retail rules, with the Bank of Latvia (Latvijas Banka) acting as integrated supervisor since the 2023 FCMC merger. EU-passported brokers (CySEC, MFSA, BaFin) make up most of the cross-border retail offering, alongside domestically licensed names. SEPA dominates funding rails; the Klix instant-payment system is gaining traction. Latvia historically had a large non-resident banking sector that was largely wound down following AML reforms.
2 / 3 brokers accept Latvia
cryptoEditorial top pick
01Editorial top pick
01AvaTrade
Local licenseASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 02
02Bybit
VARA1 actionOpen account at Bybit →- Avg spread
- 0.10pip
- Cost / lot
- $4.00
- Min deposit
- None
- Max leverage
- 1:500
broker-published typicalincl. $3 commissionUp to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers
Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin accountPlatformsMetaTrader 5, BybitFounded in 2018 · Verified Jun 1, 2026
Country context
- Regulator
- Bank of Latvia · Latvijas Banka — central bank that absorbed the prior FCMC (Financial and Capital Market Commission) in 2023, now serving as integrated supervisor for banking, capital markets and insurance
- Currency
- EUR
- Payment methods
- SEPABank transferVisaKlix
Capital gains on financial instruments are taxed at 20% for residents on most income types under the Personal Income Tax Act. Foreign brokers do not act as withholding agents; income is self-declared via the SRS (State Revenue Service) annual return.
ESMA leverage caps apply (1:30 majors, 1:20 minors and gold, lower for other CFDs). Negative balance protection is mandatory. The Bank of Latvia publishes a public warnings list for unauthorised entities; binary options for retail are prohibited.
Frequently asked
Which brokers accept residents of Latvia?+
2 of 3 brokers in our ranking accept Latvia: AvaTrade, Bybit.
Who regulates brokers for Latvia?+
Primary regulator: Bank of Latvia — Latvijas Banka — central bank that absorbed the prior FCMC (Financial and Capital Market Commission) in 2023, now serving as integrated supervisor for banking, capital markets and insurance.
What payment methods are available?+
Common methods: SEPA, Bank transfer, Visa, Klix.
What are the tax rules for trading in Latvia?+
Capital gains on financial instruments are taxed at 20% for residents on most income types under the Personal Income Tax Act. Foreign brokers do not act as withholding agents; income is self-declared via the SRS (State Revenue Service) 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.