ASIC, CySEC, DFSA +2 more
Trusted Uruguay FX brokers
Forex trading is officially permitted and supervised in Uruguay, with a local regulatory body overseeing financial transactions and brokers. Uruguay's Forex brokers operate according to guidelines established by the Central Bank of Uruguay (BCU).
Uruguay's total nominal GDP is estimated at $102 billion in 2023, placing the country 80th worldwide. With a per capita GDP of $21,000, Uruguay ranks 49th globally. Despite challenges, Uruguay boasts modern telecommunications and electricity infrastructure, granting FX traders seamless access to global financial markets around the clock.
In the list below, we've compiled the best Forex brokers in Uruguay who maintain a reputation for integrity and reliability.
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
Uruguay imposes a capital gains tax of 25%, requiring FX traders to allocate a substantial portion of their profits to the government.
The BCU's regulations lack clarity concerning maximum leverage limits for retail Forex traders. To navigate this uncertainty, Uruguay FX traders are encouraged to select brokers regulated by respected global authorities, alongside adherence to the BCU guidelines.
Trusted Forex brokers in Uruguay are entities affiliated with investor compensation funds located outside the country. Given the absence of a clear regulatory framework in Uruguay, this arrangement becomes crucial to safeguard eligible investors in case of broker insolvency. Compensation funds offer an added layer of protection, ensuring investors receive compensation if unforeseen circumstances arise.
