ASIC, CySEC, DFSA +2 more
Saint Lucia FX brokers ranked
Saint Lucia legally permits Forex trading and enforces regulations. Local Forex brokers in Saint Lucia operate under the oversight of the Financial Services Regulatory Authority (FSRA). Despite its global ranking of 186th in total nominal GDP at $2.2 billion, Saint Lucia stands at the 70th position with a per capita GDP of $12,000 USD. Due to its small population of 180,000, Saint Lucia isn't a significant attraction for Forex brokers. However, we've undertaken comprehensive research to compile a list of the best Forex brokers in Saint Lucia, ensuring a secure trading environment for local FX traders.
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
8.82
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
Forex traders in Saint Lucia benefit from tax-free trading profits, which offers a distinct advantage. While the FSRA doesn't provide clear guidance on maximum leverage limits for Saint Lucia Forex brokers, it provides room for comfortable leverage levels. However, this comfort carries the risk of overleveraged trading. Therefore, local FX traders are advised to consider Forex brokers regulated by reputable global authorities outside the country, offering a balanced approach.
Moreover, the FSRA's lack of transparency regarding maximum compensation for eligible investors underscores the need to select brokers regulated both by the FSRA and foreign authorities.
In conclusion, Saint Lucia's Forex trading landscape presents opportunities with tax benefits. Local traders can make informed choices by opting for Forex brokers that strike the right balance between comfort and security, adhering to both local and international regulations.
