ASIC, CySEC, DFSA +2 more
Discover the best Forex brokers in Estonia
Estonia, a country in Northern Europe, gained independence in 1918 after being influenced by different powers throughout its history. In 1991, Estonia broke free from Soviet rule and transformed into a developed nation with a strong economy.
The top Forex brokers in Estonia are overseen by a local authority known as the Financial Supervision Authority (Finantsinspektsioon in Estonian). This authority monitors various financial activities, including Forex trading, to make sure brokers follow the law and safeguard consumers. Estonia is also part of the Investor Compensation Scheme, which provides up to 20,000 Euros in compensation to eligible investors if a broker faces financial difficulties.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
8.28
8.10
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
Estonia is renowned for its high quality of life, education, and technology, and is a hub for innovative startups like Skype. The country's significant sectors include oil energy, technology, and trade with neighboring nations. Embracing digitalization, Estonia offers public services and promotes renewable energy through sources like wind and solar power.
Trusted Forex brokers in Estonia have limitations on the leverage they can offer to local traders. The Financial Supervision Authority enforces these limits, setting maximum leverage at 1:30 for major currency pairs, 1:20 for non-major pairs, gold, and major indices, 1:10 for commodities, and 1:2 for cryptocurrencies. These regulations ensure that the best Forex brokers in Estonia provide a secure trading environment for local traders.
