Brokers by Country · SM
Crypto Brokers in San Marino, 2026
Tracked byIndependent review teamUpdated
San Marino is a microstate within Italy that uses the EUR under a 2012 monetary agreement with the EU (without being an EU member). The BCSM (Banca Centrale della Repubblica di San Marino) supervises banking and capital markets under standards aligned with EU directives. San Marino has historically operated as a private-banking centre and went through major AML/transparency reforms following 2009-2014 EU and OECD pressure (FATF and CRS adoption). There is no specific retail forex/CFD framework. Most retail FX activity routes through Italian or other EU-passported brokers; SEPA dominates funding.
3 / 3 brokers accept San Marino
cryptoEditorial top pick
01Editorial top pick
01AvaTrade
ASICFSCACBIBVIOpen 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
02Libertex
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
- 03
03Bybit
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
- BCSM · Banca Centrale della Repubblica di San Marino — central bank with banking and capital-markets oversight; San Marino uses the EUR under a 2012 monetary agreement with the EU (without being an EU member)
- Currency
- EUR
- Payment methods
- SEPABank transferVisa
Personal income tax is progressive up to 35%. Capital gains on financial instruments are generally taxed under personal income for residents. Foreign brokers do not act as withholding agents; income is self-declared via the annual tax return.
There are no statutory leverage caps directly for Sammarinese residents (ESMA caps via the EU's MiFID II do not extend to San Marino given non-EU status); brokers apply their own limits. BCSM publishes warnings against unauthorised entities. Many EU/EEA-passported brokers serve Sammarinese clients under reverse-solicitation arrangements.
Frequently asked
Which brokers accept residents of San Marino?+
3 of 3 brokers in our ranking accept San Marino: AvaTrade, Libertex, Bybit.
Who regulates brokers for San Marino?+
Primary regulator: BCSM — Banca Centrale della Repubblica di San Marino — central bank with banking and capital-markets oversight; San Marino uses the EUR under a 2012 monetary agreement with the EU (without being an EU member).
What payment methods are available?+
Common methods: SEPA, Bank transfer, Visa.
What are the tax rules for trading in San Marino?+
Personal income tax is progressive up to 35%. Capital gains on financial instruments are generally taxed under personal income for residents. Foreign brokers do not act as withholding agents; income is self-declared via the annual tax 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.