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Forex Brokers in Latvia | FCMC regulation

Forex brokers in Latvia are overseen by the national financial regulator known as the Financial and Capital Market Commission (FCMC). Besides forex brokers, the organization is also tasked with regulating insurance brokers, electronic money institutions, pension funds, and other players in the financial services industry in Latvia.

As part of the European Union, forex brokers in Latvia are also subject to strict regulations from the European Securities and Markets Authority (ESMA), including caps on the amount of leverage it can offer to non-professional forex traders. In addition to the ESMA rules, the Latvian regulator has also tightened its own oversight following scandals involving the forex industry in Latvia in recent years. Forex brokers based in Latvia today are therefore seen as highly reliable and trustworthy companies.

Dukascopy Dukascopy (1998) Leverage: up to 1:200 Deposit: from 100 USD Spreads:  low  low Location: Switzerland Latvia Japan Instruments: Currencies Crypto Indices Metals Energies Stocks Bonds Platforms: Web MetaTrader 4 Specific Binary Platform Wire Transfer Credit Cards Renesource Capital Renesource Capital (1998) Leverage: up to 1:30 Deposit: 10 USD Spreads:  low  low Location: Latvia Instruments: Currencies Indices Metals Energies Stocks Bonds ETFs Platforms: MetaTrader 4 Currenex CQG Specific Wire Transfer
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