Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

Compare Brokers In Latvia

For our latvia comparison, we found 24 brokers that are suitable and accept traders from United States of America.

We found 24 broker accounts (out of 147) that are suitable for Latvia.

  • FILTER
Forex.com

Spreads From

EURUSD 1.0 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About Forex.com

  • Regulated by: Financial Conduct Authority.
  • Established in 1999 HQ in United States.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

70% of retail investor accounts lose money when trading CFDs with this provider

Read our in-depth Forex.com review

IG

Spreads From

EURUSD 0.6 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About IG

  • Regulated by: Financial Conduct Authority and ASIC.
  • Used by 195,000+ traders.
  • Established in 1974 HQ in UK.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

74% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Read our in-depth IG review

Account type
EUR/USD Spread From
Commission
Execution
Min. Deposit
CFD
0.6
Fixed Spreads
Yes on share CFDs
STP
$250
Spread Betting
0.6
Fixed Spreads
None
STP
$250
Share Dealing
None
Fixed Spreads
£5
DMA
$250

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

Plus500

www.plus500.lv

Plus500 is a trading platform offered within Latvia by Plus500CY Ltd. The Cypriot subsidiary company have offices in Limassol and are regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most trusted and respected financial regulators in Europe. CySEC require that clients are treated fairly, with trades executed at the best price and speed possible, and that client assets are segregated in order to protect deposits in case of the insolvency of the firm. Plus500 are considered one of the leading brokers for traders in Latvia as they offer over 2000 financial instruments, including trading products such as CFDs on stocks and commodities, ETFs (Exchange Traded Funds), options, and currencies. Also, a dedicated website is available in the Latvian language, where customers can find out more about the platform, instruments available to trade and the company. The trading platform can also be viewed in Latvian, and Latvian customer support is available by live chat, telephone or email. Euros can also be selected as the base currency for the platform. In addition to desktop trading, mobile apps are available from the Apple App Store and Google Play. The platform delivers an intuitive user experience, making CFD trading accessible to novice traders.

AvaTrade

www.avatrade.com

AvaTrade are one of the leading online brokers worldwide. The company was founded in 2006 and in a short span of time, they have grown significantly with more than 200,000 registered customers trusting their services. AvaTrade’s services are provided through the subsidiary company, AVA Trade EU Ltd. throughout Europe, and authorised and regulated by the Central Bank of Ireland. Under the European Markets in Financial Instruments Regulations, AvaTrade are able to freely provide their services in Latvia. The website supports over 15 languages, and customer helplines are available in the region in Russia, Poland, Romania, Slovenia, and many other European countries. The company’s website hosts a rich collection of educational resources to facilitate and educate learning traders. These resources include free webinars, eBooks, in-depth articles, videos and market analysis. Customers can access more than 250 financial instruments across different markets through the AVA Trade platform including shares, stocks, bonds, cryptocurrencies (such as Bitcoin) and indices. Customers can also trade a wide range of Forex pairs through the MetaTrader 4 platform. All of the trading platforms offered by AvaTrade are accessible via web-based browsers and can also be downloaded as apps to mobile devices. AvaTrade also offer a 21-day demo account for traders to nurture their trading skills. Two main depositing methods are accepted in European countries such as Latvia, and they include wire transfer (with a £500 minimum) and credit or debit card (with a £100 minimum).

eToro

www.etoro.com/pl/

eToro were established in 2007 have become one of the most well-known social trading platforms. Within a decade, they have developed their user base to over 6 million, with in excess of 200 million positions open during July 2017. The platform is suitable for traders from around the world as it operates in more than 170 countries. Language support is available in a range of languages, so Latvian clients can select the most suitable for them from English, German, French, Polish and others. Within the EEA, eToro are able to provide their services freely with passport arrangements under the MiFID regime (Markets in Financial Instruments Directive). They are also responsible within each jurisdiction to the requirements set out by the local regulators, including the Financial Conduct Authority (FCA) and also the Cyprus Securities and Exchange Commission (CySEC). Client funds are kept separate from the firm’s operational funds to ensure that they are protected from third parties. Data protection regulations are also strictly adhered to, ensuring that personal information is kept secure. The social trading technology that eToro offer, CopyTrader‚Ñ¢, is one of its unique appeals. This gives traders the opportunity to observe and copy the portfolios of other users. Statistics are available so that traders can find the most highly-ranked, successful traders in order to mirror their trades. Furthermore, there is also the facility for clients to discuss their trading ideas and strategies, enabling less experienced clients to learn from others. The financial markets that eToro make available through the platform include commodities, stocks, indices, and the increasingly popular Exchange Traded Funds. Clients can take long or short positions on the markets with contracts for difference (CFDs). Other features include stop loss and take profit limits. A virtual eToro account is also available with US$100,000 for clients to experiment with. There is no time limit on the demo account so clients can continue to test their strategies alongside their real accounts. To open a live account, Latvian traders can deposit funds using Visa, Mastercard, and a range of ePayment service providers.

Why Choose Forex.com
For Latvia?

Forex.com scored best in our review of the top brokers for latvia, which takes into account 120+ factors across eight categories. Here are some areas where Forex.com scored highly in:

  • 19+ years in business
  • Offers 300+ instruments
  • A range of platform inc. MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 1.00pips
  • Used by 0+ traders.
  • Offers demo account
  • 1 languages

Forex.com offers one way to tradeForex. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

Forex.com have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19

Trust Score comparison

Forex.com IG
Trust Score AAA AAA
Established in 1999 1974
Regulated by Financial Conduct Authority Financial Conduct Authority and ASIC
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of Forex.com vs. IG


Want to see how Forex.com stacks up against IG? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Forex.com IG
Fixed Spreads
Variable Spreads
EUR/USD Spread 1.00 0.60
GBP/USD Spread 0.9 0.9
USD/CAD Spread 0.9 1.7
USD/JPY Spread 0.90 0.70
DAX Spread 250.0 1.0
FTSE 100 Spread 150.0 1.0
S&P500 Spread 50.0 0.4

Comparison of account & trading features

Forex.com IG
Platform MT4, Web Trader, NinjaTrader, Tablet & Mobile apps MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
Services Forex Forex, CFDs, Spread Betting, Share dealing
Base currency options USD, GBP, EUR USD, GBP, EUR, CHF, JPY, SGD, AUD
Funding options Bank transfer, Cheque, DebitCard, Payoneer, Credit cards, Bank transfer, PayPal, MasterCard, BPAY, DebitCard,
Micro account
ECN account