Best Online Brokers in Chile 2026
CMF-regulated brokers in Chile — 0% CGT on listed stocks.
✅ CMF Regulated
🇨🇱 CMF Regulated
0% CGT Listed Stocks
📊 IPSA Access
🔬 Tested with real accounts
🔄 Last updated: July 2026 · Reviewed by WhichBroker Research Team
⚠️ Risk warning: Investing involves risk of loss. Capital is not guaranteed. Some links on this page are affiliate links — this does not affect our rankings.
⚡ No time to read? Our top picks for Chile
XTB — Best overall broker for European investors. Zero commission stocks & ETFs up to €100k/month.
eToro — World's #1 social trading platform. Copy the trades of top investors automatically.
Interactive Brokers — Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
Saxo Bank — Canada's most trusted domestic crypto exchange. FINTRAC registered and OSC Restricted Dealer. CAD funds held in CDIC-insured accounts.
Top 4 Best Online Brokers in Chile — Detailed Reviews
Commission
0% up to €100k/month
Best overall broker for European investors. Zero commission stocks & ETFs up to €100k/month.
69-80% of retail CFD accounts lose money.
Commission
0% (EU/UK real stocks)
World's #1 social trading platform. Copy the trades of top investors automatically.
51% of retail investor accounts lose money when trading CFDs.
Commission
From $0.005/share (Pro; EU only)
Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
Trading on margin involves risk.
Commission
From 0.08% (EU stocks)
Canada's most trusted domestic crypto exchange. FINTRAC registered and OSC Restricted Dealer. CAD funds held in CDIC-insured accounts.
Investing involves risk of loss.
How to Get Started with Best Brokers in Chile
1
Choose a regulated platform
Pick a broker regulated by CMF or operating under an international licence. All platforms on this page qualify.
2
Open your account
Account opening is fully online. You'll need a photo ID (passport or national ID) and proof of address. Most platforms verify within 1–2 business days.
3
Fund your account
Deposit via bank transfer (free, 1–3 days) or debit card (instant, small fee). Minimum deposits vary — most top platforms start from CLP0.
4
Start investing
Diversify across stocks and ETFs. Consider low-cost index ETFs for long-term growth.
🇨🇱 Chile: Country Environment Blueprint
Passporting / Access
International brokers may require a local licence. Check with CMF before using a foreign broker.
Regulatory Blacklist
CMF maintains a list of regulated firms. Verify any broker before depositing.
Capital Gains Tax
0% on capital gains from listed stocks (if purchased on stock exchange) — Chile has 0% CGT on gains from listed stocks purchased on the Santiago Stock Exchange and held by individuals. Dividends subject to income tax. One of LatAm's most investor-friendly regimes.
Dividend Tax
Dividends taxed as income (up to 40% marginal rate for high earners).
Foreign Account Reporting
Foreign account reporting requirements may apply. Check with your local tax authority.
Loss Carry-Forward
Indefinite
APV (Ahorro Previsional Voluntario)
Cap: UF 600/year Voluntary pension savings. Tax deduction on contributions (Régimen A) or tax-free growth (Régimen B).
US ETF Access (PRIIPs)
✅ US-domiciled ETFs (SPY, QQQ, VTI) may be available to retail investors in Chile.
Domestic Exchanges & Indices
Bolsa de Comercio de Santiago (BCS) · Index: IPSA
Key stocks: SQM (SQM-B.SN), Banco de Chile (CHILE.SN), Falabella (FALABELLA.SN), Copec (COPEC.SN)
What Chile Investors Need to Know in 2026
Chile has 0% CGT on gains from listed stocks purchased on the Santiago Stock Exchange by individuals — one of Latin America's most favourable investment regimes.
SQM (lithium mining) is Chile's most internationally prominent company. Chile controls ~40% of global lithium reserves — important for EV battery investors.
🏠 Local Platforms to Know
BTG
BTG Pactual Chile — Major brokerage. CMF-regulated.
SAN
Santander Chile Inversiones — Part of Santander Group. Major broker in Chile.
🔬
How we chose these platforms
Our team opened real accounts, deposited funds and tested each platform in Chile. We evaluate regulation quality, fees (commissions, spreads, FX conversion), platform usability, customer support response times and local features specific to Chile investors. Rankings are updated regularly.
Frequently Asked Questions
Is there CGT in Chile? +
0% on gains from listed stocks for individuals — one of LatAm's best. Dividends taxed as income.