Top FX brokers in Luxembourg

In Luxembourg, you can legally trade in the foreign exchange market known as Forex. Trusted Forex Brokers in Luxembourg are under the watchful eye of the Commission de Surveillance du Secteur Financier (CSSF). Because Luxembourg is part of the European Union, it follows the rules and directions set by the European Securities and Markets Authority (ESMA) for overseeing Forex brokers and their dealings with foreign currencies. Luxembourg ranks 71st in the world in terms of total nominal GDP, which stands at around 86 billion dollars. The country's advanced telecommunications infrastructure includes fiber networks and high-speed broadband, ensuring steady and uninterrupted access to global financial markets. This is especially crucial for those involved in Forex trading. To ensure safe Forex trading, here is a list of the best Forex brokers in Luxembourg.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4MT5cTraderDeposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
FSC Belize
Platforms
MT4, MT5, cTrader +1 more
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
High leverageSignals
Regulations
CNMV, FCA UK, KNF +1 more
Platforms
xStation
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
7.92
Tickmill read review
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
When it comes to Forex trading profits in Luxembourg, a capital gains tax of 21% is levied. Retail Forex traders in Luxembourg follow the leverage system established by ESMA. The maximum leverage allowed adheres to set standards: 1:30 for major currency pairs, 1:20 for non-major pairs, gold, and major indices, 1:10 for commodities except gold, and 1:2 for crypto trading. All the top Forex brokers in Luxembourg are part of the Investor Compensation Fund (ICF), which provides protection to eligible investors in case a broker becomes insolvent. This safety net offers coverage of up to 20,000 Euros. Overall, Luxembourg boasts a robust financial system and a high level of literacy, making Forex trading not only a well-liked endeavor but also a potentially profitable one.

FAQs about Luxembourg