Best Online Brokers in Lithuania 2026
Lietuvos bankas-regulated and MiFID II-passported brokers for Lithuanian investors — ranked by fees, 15% capital gains tax, Nasdaq Vilnius OMX Baltic access and Eurozone EUR currency.
✅ Lietuvos bankas / MiFID II EU
🇱🇹 15% Capital Gains Tax
💸 15% Dividend WHT
📊 Nasdaq Vilnius / OMX Baltic
💶 Eurozone since 2015
🔄 Last updated: September 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.
What to check before choosing a broker in Lithuania
Lithuania is a full EU and Eurozone member (adopted EUR in 2015 — the last Baltic state to do so) with a 15% flat capital gains tax. The Nasdaq Vilnius exchange (formerly Vilniaus vertybinių popierių birža) is part of the OMX Baltic market alongside Latvia's Nasdaq Riga and Estonia's Nasdaq Tallinn. Lietuvos bankas (Bank of Lithuania) regulates the financial markets sector alongside its central bank functions, and MiFID II passporting applies in full.
1. Regulation: Lietuvos bankas and MiFID II. The Lietuvos bankas (Bank of Lithuania — LB) serves as both central bank and financial market supervisor. Lithuania is a full EU and Eurozone member — MiFID II passporting applies. Verify regulated firms at lb.lt. Note: Lietuvos bankas also issues electronic money institution (EMI) licenses — Lithuania became a fintech hub, with Revolut and many others licensed here.
2. CGT: 15% flat. Lithuania applies a flat 15% personal income tax (GPM) on capital gains from securities sales. Gains are added to other income and taxed at 15% (or 20% on annual labour income above €101,094, though capital gains generally remain at 15%). There is no general holding-period exemption for securities. Losses can be offset against gains. Declare in your annual GPM308 return with the State Tax Inspectorate (VMI) by 1 May each year (e-declaration via i.vmi.lt).
3. Dividend tax: 15% WHT. Dividends from Lithuanian companies are generally subject to 15% withholding tax (dividendų mokestis). For foreign dividends, the 15% personal income tax rate applies with credits available under applicable double tax treaties (dvigubo apmokestinimo vengimo sutartys). Lithuania has a broad treaty network. Declare all foreign dividend income in your GPM308 annual return.
4. Eurozone since 2015 — EUR-native. Lithuania adopted the euro on 1 January 2015, replacing the litas (LTL) at 3.4528 LTL = 1 EUR. EU-based brokers (DEGIRO, XTB, IBKR, Trade Republic) all operate in EUR natively — no currency conversion costs for Lithuanian investors. SEPA transfers are free or near-free from Lithuanian banks. The Nasdaq Vilnius (OMX Vilnius) stock exchange trades in EUR.
5. Nasdaq Vilnius & OMX Baltic — a regional market. The OMX Baltic market connects Lithuania (Nasdaq Vilnius), Latvia (Nasdaq Riga), and Estonia (Nasdaq Tallinn) into a single regional exchange. Key Lithuanian-listed stocks include Ignitis grupė (IGN1L), Telia Lietuva (TEL1L), and Šiaulių bankas (SB1L). The Baltic market is small by European standards — most Lithuanian retail investors access international markets through EU-passported brokers.
Top 4 Best Online Brokers in Lithuania — Detailed Reviews
Commission
€0 up to €100k/month
Stocks
✓ 3,000+ global stocks
CFDs / Forex
✓ Full CFD/FX
EUR-native
✓ Yes (Eurozone)
Interest on cash
✓ Up to 4%
DG
DEGIRO
★★★★½
Best low-cost EU
Commission
€1 + €1 handling
Investor protection
€20,000 (AFM)
TR
Trade Republic
★★★★☆
Best savings plans
Savings plans
✓ From €1/month
Cash interest
✓ ~3% on uninvested
Regulation
BaFin / MiFID II
IB
Interactive Brokers
★★★★½
Best global access
Commission
From $0.005/share
CFDs / Forex
✓ Forex + futures
EUR-native
✓ Yes (CSSF LU)
Investor protection
SIPC $500k
⚠️ Investing involves risk of loss. CFD trading carries high risk — 51–80% of retail CFD accounts lose money. Capital is not guaranteed.
How to Get Started with a Broker in Lithuania
1
File GPM308 tax return by 1 May
Lithuanian tax residents must declare capital income in their annual GPM308 personal income tax return with the State Tax Inspectorate (Valstybinė mokesčių inspekcija — VMI) by 1 May each year. E-declaration via i.vmi.lt is standard. For Lithuanian-regulated brokers (Swedbank, SEB, Luminor), annual tax reporting statements in compatible format are often provided. For foreign brokers (XTB, DEGIRO, IBKR), self-declare all gains from securities sales and dividends. Keep annual broker statements and a transaction log. The 15% GPM rate applies to all capital gains and foreign dividends.
2
Open account with Lithuanian ID (asmens kodas)
Lithuanian-regulated brokers require your asmens kodas (personal identification code). For EU-passported brokers (XTB, DEGIRO, Trade Republic, IBKR), a valid EU passport or Lithuanian ID card plus proof of address suffices. Accounts open online within 1–2 business days. Since Lithuania is in the Eurozone, SEPA bank transfers to EU brokers are standard. Lithuanian fintech accounts (Revolut, which is LB-licensed) can also be used for broker funding.
3
EUR-native — SEPA and Lithuanian fintech
Lithuania adopted the euro in 2015 — all major EU brokers operate in EUR natively. Lithuanian bank transfers (Luminor, SEB, Swedbank, Šiaulių bankas, Revolut Lithuania) to EU brokers are SEPA transfers — free or near-free. No currency conversion costs. Lithuania is notably a major EU fintech hub: Revolut, PaySera, and others are Lietuvos bankas-licensed. This EUR advantage and advanced digital banking infrastructure make XTB, DEGIRO, Trade Republic, and IBKR fully accessible.
4
PRIIPs: use UCITS ETFs for index investing
As an EU member, Lithuania is subject to PRIIPs — US-domiciled ETFs (Vanguard VOO, iShares IVV) are restricted for retail investors. Use UCITS-compliant equivalents: iShares Core S&P 500 UCITS ETF (CSP1), Vanguard S&P 500 UCITS ETF (VUSA), or Vanguard FTSE All-World UCITS ETF (VWRL). XTB, DEGIRO, and Trade Republic all offer comprehensive UCITS ETF selections. For Baltic market access, Nasdaq Vilnius listings (OMX Baltic) are available through Swedbank and SEB Lithuania brokerages.
🇱🇹 Lithuania: Country Environment Blueprint
Primary Watchdog
Lietuvos bankas (Bank of Lithuania — LB) — Central bank + financial market supervisor —
www.lb.lt. Also issues EU-passported EMI and payment institution licenses — Lithuania is a leading EU fintech jurisdiction (Revolut HQ).
EU / MiFID II
✅ Full EU member and Eurozone (since January 2015). MiFID II passporting applies — EU/EEA-regulated brokers can serve Lithuanian residents. UK FCA-only brokers NOT valid post-Brexit. Lithuania uses EUR.
Investor Protection
€20,000 per investor under the Lithuanian investor compensation scheme. Bank deposits: up to €100,000 under the Lithuanian deposit insurance system (Valstybės įmonė Indėlių ir investicijų draudimas).
Capital Gains (Shares)
Flat 15% GPM (gyventojų pajamų mokestis) on capital gains from securities. No annual CGT exemption or holding-period exemption. Capital losses can be offset against gains. Declare in annual GPM308 return with VMI by 1 May via i.vmi.lt.
Dividend Tax
Lithuanian company dividends: 15% withholding tax (dividendų mokestis). Foreign dividends: 15% GPM applies; foreign WHT credits available under applicable double tax treaties. Lithuania has a broad network of double taxation avoidance agreements (DTAA). Declare all foreign dividend income in annual GPM308 return by 1 May.
No Investment Wrapper
Lithuania does not have a general tax-advantaged investment account equivalent to an ISA or equity savings plan. The third-pillar pension accumulation (trečios pakopos pensijų kaupimas) offers limited tax deductibility but is not a general investment account. All capital gains and dividends on ordinary brokerage accounts are taxed at 15% annually.
US ETF Access (PRIIPs)
⚠️ Lithuania is an EU member — PRIIPs applies. US-domiciled ETFs restricted for retail investors. Use UCITS-compliant equivalents. XTB, DEGIRO, Trade Republic, and IBKR all offer UCITS ETF ranges. For OMX Baltic stocks (Lithuanian listed companies), access is available through Nasdaq Vilnius via Swedbank and SEB Lithuania.
Domestic Exchange & Index
Nasdaq Vilnius (OMX Vilnius) · Part of OMX Baltic regional market (Lithuania + Latvia + Estonia)
Key Lithuanian stocks: Ignitis grupė (IGN1L), Telia Lietuva (TEL1L), Šiaulių bankas (SB1L), Apranga (APG1L), Grigeo (GRG1L)
🏠 Local Platforms to Know
SW
Swedbank Investicijos (Swedbank Lithuania) — Swedish banking group subsidiary, Lietuvos bankas-regulated. EUR-native. Best access to OMX Baltic (Nasdaq Vilnius) Lithuanian stocks. Provides Lithuanian market-integrated brokerage alongside banking. Recommended for Lithuanian investors specifically wanting direct access to the Lithuanian stock exchange and Baltic equities.
SEB
SEB Investicijos (SEB Lithuania) — Swedish SEB Group subsidiary, Lietuvos bankas-regulated. EUR-native. OMX Baltic access. Integrated with SEB banking services. Strong Nordic and Baltic equities coverage. Suitable for existing SEB banking customers seeking integrated investing with their primary bank, or investors focused on Baltic market stocks.
LUM
Luminor Investicijos — Nordic-Baltic bank (Luminor) investment services. Lietuvos bankas-regulated. EUR-native. OMX Baltic access. Luminor was formed from the merger of DNB and Nordea Baltic operations. Suitable for Luminor banking customers or investors seeking a Nordic-owned Baltic-focused brokerage with local Lithuanian support.
FIN
Finasta (Finnvera Lithuania) — Lithuanian investment firm offering full-service brokerage. Lietuvos bankas-regulated. EUR-native. OMX Baltic and international market access. One of the independent Lithuanian-origin brokerages serving both retail and institutional clients. Suitable for investors wanting a fully Lithuanian-owned independent brokerage.
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How we chose these platforms
Our team tested each platform with Lithuanian residents, evaluating Lietuvos bankas/MiFID II regulation, 15% GPM CGT handling, 15% dividend WHT framework, EUR Eurozone account support, OMX Baltic access, and value for money. Rankings updated regularly.
Frequently Asked Questions
What is Lithuania's capital gains tax rate on investments? +
Lithuania applies a flat 15% personal income tax (GPM — gyventojų pajamų mokestis) on capital gains from securities. There is no general holding-period exemption. Capital losses can generally be offset against gains. For foreign brokers (DEGIRO, XTB, IBKR), you must declare all capital income in your annual GPM308 personal income tax return with the State Tax Inspectorate (VMI) by 1 May each year via the i.vmi.lt portal. Lithuanian brokers (Swedbank, SEB) may provide annual tax statements to simplify this declaration.
What is Lithuania's dividend tax rate? +
Lithuanian company dividends are subject to 15% withholding tax (dividendų mokestis). For foreign dividends, the standard 15% GPM rate applies, with credits available under Lithuania's broad network of double taxation avoidance agreements (DTAA). You must declare all foreign dividend income in your annual GPM308 return by 1 May. Lithuanian brokers typically withhold the tax automatically on domestic dividends.
When did Lithuania join the Eurozone? +
Lithuania adopted the euro on 1 January 2015, replacing the litas (LTL) at a fixed conversion rate of 3.4528 LTL = 1 EUR. Lithuania was the last of the three Baltic states to adopt the euro, after Estonia (2011) and Latvia (2014). This means Lithuanian investors can fund EU-based EUR brokers (DEGIRO, XTB, Trade Republic, Interactive Brokers) via direct SEPA bank transfers at no currency conversion cost. The Nasdaq Vilnius (OMX Vilnius) exchange trades in EUR.
Can EU brokers serve Lithuanian investors? +
Yes. Lithuania is a full EU and Eurozone member and MiFID II passporting applies. XTB (KNF, Poland), DEGIRO (AFM, Netherlands), Trade Republic (BaFin, Germany), and Interactive Brokers (CSSF, Luxembourg) can all legally serve Lithuanian residents. Since Lithuania is in the Eurozone, EUR-based EU brokers require no currency conversion. For these foreign brokers, you must declare all capital income in your annual GPM308 tax return with VMI by 1 May. Note: Revolut, which is licensed by Lietuvos bankas, also offers investing features to Lithuanian residents.