Best Online Brokers in Latvia 2026
FKTK-regulated brokers in Latvia.
β
FKTK Regulated
π±π» FKTK Regulated
20% CGT
ESMA Leverage
π¬ Tested with real accounts
π Last updated: July 2026 Β· Reviewed by WhichBrokr Research Team
β οΈ Risk warning: Investing involves risk of loss. Capital is not guaranteed. Some links on this page are affiliate links β this does not affect our rankings.
β‘ No time to read? Our top picks for Latvia
XTB β Best overall broker for European investors. Zero commission stocks & ETFs up to β¬100k/month.
DEGIRO β Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
eToro β World's #1 social trading platform. Copy the trades of top investors automatically.
Interactive Brokers β The broker of choice for serious investors. Access to 150+ markets in 33 countries.
Top 4 Best Online Brokers in Latvia β Detailed Reviews
XTB
Editor's Choice
XTB
Regulated by FCA
4.7/5
Commission
0% up to β¬100k/month
Best overall broker for European investors. Zero commission stocks & ETFs up to β¬100k/month.
DG
Editor's Choice
DEGIRO
Regulated by AFM
4.4/5
Commission
1 + exchange fee per trade
Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
eT
Editor's Choice
eToro
Regulated by CySEC
4.1/5
Commission
0% (EU/UK real stocks)
World's #1 social trading platform. Copy the trades of top investors automatically.
IB
Best for Professionals
Interactive Brokers
Regulated by SEC
4.6/5
Commission
From $0.005/share (Pro; EU only)
Europe's lowest-cost broker for stocks & ETFs. Access to 50+ exchanges in 30 countries.
How to Get Started with Best Brokers in Latvia
1
Choose a regulated platform
Pick a broker regulated by FKTK 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 1β2 business days.
3
Fund your account
Deposit via bank transfer (free, 1β3 days) or debit card (instant, small fee). Minimum deposits vary β most top platforms start from β¬0.
4
Start investing
Diversify across stocks and ETFs. Consider low-cost index ETFs for long-term growth.
π±π» Latvia: Country Environment Blueprint
Primary Watchdog
FinanΕ‘u un kapitΔla tirgus komisija (FKTK) β
www.fktk.lv
Passporting / Access
β
Fully accepted. Any EU/EEA-regulated broker can legally serve Latvia residents via MiFID II passport β no local entity required.
Regulatory Blacklist
FKTK maintains a list of regulated firms. Verify any broker before depositing.
Foreign Account Reporting
Foreign account reporting requirements may apply. Check with your local tax authority.
Loss Carry-Forward
5 years
Standard Account
Cap: No cap 20% flat capital gains tax in Latvia. No major dedicated tax wrappers for retail investors.
US ETF Access (PRIIPs)
β US-domiciled ETFs are restricted for retail investors (PRIIPs regulation). Use UCITS equivalents: iShares CSPX, Amundi CU2, or Vanguard VWRA.
Domestic Exchanges & Indices
Nasdaq Riga Β· Index: OMX Riga (OMXR)
What Latvia Investors Need to Know in 2026
Latvia taxes capital gains at 20% flat.
π Local Platforms to Know
SEB
SEB Latvia β Swedish bank with strong Latvian presence.
LUM
Luminor β Baltic bank. Good for Latvian investors.
π¬
How we chose these platforms
Our team opened real accounts, deposited funds and tested each platform in Latvia. We evaluate regulation quality, fees (commissions, spreads, FX conversion), platform usability, customer support response times and local features specific to Latvia investors. Rankings are updated regularly.
Frequently Asked Questions