In Latvia, forex & CFD brokers are overseen by both the EU regulator known as ESMA and by the Latvian Financial and Capital Market Commission (FCMC). This means that all brokers operating in Latvia must abide by EU financial regulations, which for instance requires them to offer negative balance protection, and bans binary options trading.
As in many other countries, most forex brokers in Latvia offer the MetaTrader 4 platform - also known as MT4 - as one of the trading platforms their clients can use. This is an advanced trading platform that has become incredibly popular in the online trading community since its release in 2005. Among the many features it contains is the ability to code own trading strategies and indicators, as well as accurately backtesting the past performance of those strategies.
Dukascopy (1998)
Leverage: up to 1:200
Deposit: from 100 USD
Spreads: 
low
Location: Switzerland
Latvia
Japan
Instruments: Currencies
Crypto
Indices
Metals
Energies
Softs
Stocks
Bonds
ETFs
Platforms: Web
MetaTrader 4
Specific
Binary Platform
FIX API
Renesource Capital (1998)
Leverage: up to 1:30
Deposit: from 10 USD
Spreads: low
Location: Latvia
Instruments: Currencies
Indices
Metals
Energies
Stocks
Bonds
ETFs
Platforms: MetaTrader 4
Currenex
CQG
Specific
FIX API
