ASIC, CySEC, DFSA +2 more
Panama FX brokers
Forex trading is allowed and controlled in Panama. The Superintendencia del Mercado de Valores (SMV), which means the Superintendency of the Securities Market, supervises Panama's Forex brokers. In 2023, Panama's total GDP is estimated at approximately $77 billion, with a per capita GDP of $17,000, showing a strong economy.
The reliable Forex brokers in Panama all provide leverage within SMV's rules, allowing up to 1:100 for regular traders. This helps local traders avoid excessive risk and keep their exposure to FX markets reasonable. Below, we've listed some of the top Forex brokers in Panama who follow regulations and are recognized for their fair conduct in the country.
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
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 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
8.64
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
7.92
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
7.74
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSA St. V, FSCA
Platforms
MT4, MT5
7.57
At present, Panama levies a 10% tax on capital gains, which means 10% of the profits from FX trading go to the government. This favorable tax rate keeps FX trading attractive in Panama. Stable power and internet services ensure traders can access global financial markets whenever they need to.
Top Forex brokers in Panama prioritize investor security through membership in an investor compensation fund. This assures eligible investors of compensation in cases of broker insolvency. Combined with the 1:100 maximum leverage, Panama becomes an appealing hub for financial trading. In summary, Panama's regulations and policies work together to enhance protection for investors and traders, cultivating a stable FX trading environment in the country.
