Compare the best brokers, banks, crypto exchanges and forex brokers in Latvia for 2026. Only FKTK-regulated platforms reviewed.
Latvia's financial markets are regulated by the Finanšu un kapitāla tirgus komisija (FKTK) — the Financial and Capital Market Commission — which oversees banks, investment brokerage firms, and insurance companies. Latvia is a Eurozone member (adopted EUR in 2014) and part of the Baltic fintech corridor alongside Estonia and Lithuania.
Investor compensation in Latvia is managed through the Noguldījumu garantiju fonds, protecting investment claims up to €20,000 per investor. Bank deposits are guaranteed up to €100,000. Latvia has undergone significant anti-money-laundering reforms since 2018, strengthening its banking system's compliance standards in line with EU requirements.
Capital gains from securities in Latvia are taxed at 20% flat rate for individuals, with no long-term holding exemption (unlike some neighbouring Baltic states). Dividends received from foreign companies are also subject to 20% income tax. Popular platforms among Latvian investors include Swedbank's brokerage, SEB, and international options like DEGIRO and XTB under MiFID II passporting.
All platforms listed for Latvia are regulated by Financial and Capital Market Commission (FKTK) or are passported into Latvia under EU MiFID II / ESMA rules. We do not list unregulated or offshore brokers.