ASIC, CySEC, DFSA +2 more
Ranking of Sri Lanka FX brokers
Sri Lanka dey allow Forex trading and e get authorities wey dey oversee foreign exchange transactions and brokers wey dey dia country. Di Securities and Exchange Commission of Sri Lanka (SEC) and di Department of Foreign Exchange (DFE) of the Central Bank na the regulators wey dey regulate Sri Lanka Forex brokers.
But, these regulators no strict like di ones wey don already dey ground. Dem no get clear guidelines and limits on leverage for retail traders. Dis one fit increase di risk of overleveraged trading for beginners. So, e go good make Sri Lankan FX traders choose brokers wey get regulation outside dia own country.
We don compile list of di best Forex brokers for Sri Lanka to help our readers. Dem brokers dey well-regulated and dem dey offer high-quality services to local 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
Sri Lanka no dey tax Forex trading profits, even though di capital gains tax na 10%. Dis tax only apply to income from other sources apart from trading, and e dey make Forex trading from Sri Lanka tax-free and attractive.
Sri Lanka dey rank 79th globally for total nominal GDP wey na $73 billion. But, di per capita GDP of $3,200 put am for 132nd position, and e show say wealth inequality dey. This one dey motivate people more to trade financial markets so dem fit get extra income. Trusted Forex brokers for Sri Lanka na di ones wey dem regulate for outside countries apart from di local SEC.
Because SEC no get clear compensation terms for case of broker insolvency, di top Forex brokers for Sri Lanka dey belong to investor compensation funds outside di country.
While efforts dey to improve internet and electricity infrastructure, rural areas dey still face challenges. Dis dey make am hard to access global financial markets for areas outside urban areas for Sri Lanka.
