6 Best Forex Brokers in Costa Rica
The 6 Best Forex Brokers in Costa Rica – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Costa Rica.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Costa Rica – a List
- Is Forex Trading Legal in Costa Rica?
- Low CRC Minimum Deposit Forex Brokers
- The Best Forex Brokers for Beginners and Foreigners
- How to buy Stocks in Costa Rica?
and much, MUCH more!
6 Best Forex Brokers in Costa Rica – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Traders in Costa Rica | 💷 Min. Deposit (CRC) |
| 🥇 IG | 👉 Click Here | ✅Yes | 26424,54 |
| 🥈 Interactive Brokers | 👉 Click Here | ✅Yes | None |
| 🥉 XTB | 👉 Click Here | ✅Yes | None |
| 🏅 eToro | 👉 Click Here | ✅Yes | 5284,91 |
| 🎖️ AvaTrade | 👉 Click Here | ✅Yes | 52849,07 |
| 🥇 Admirals | 👉 Click Here | ✅Yes | 13212,27 |
6 Best Forex Brokers in Costa Rica (2024)
- ☑️ IG – Overall, the Best Forex Broker in Costa Rica
- ☑️ Interactive Brokers – Extensive Proprietary Offering
- ☑️ XTB – Best Mobile Trading Experience
- ☑️ eToro – Low CRC Minimum Deposit
- ☑️ AvaTrade – High User Trust Score
- ☑️ Admirals – Best Online Trading Experience
IG
IG is a well-established and highly-regulated Forex, CFD, and, Finacial Services Provider. Regulations include FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and, BMA. Accounts available include:
- CFD/DMA Trading Account
- Limited Risk Trading Account
- Options Trading Account
- Turbo24 Trading Account
- Share Dealing Account
- Spread Betting Account
- Swap-Free Trading Account
Moreover, a Demo Account is available. The minimum deposit is 50 USD. Trading Instruments include Forex, indices, share CFDs, commodities, cryptocurrencies, futures, options, bonds, ETFs, Digital 100s, and, Interest Rates. IG supports MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, and, FIX API.
| 🔎 Broker | 🥇 IG |
| 📌 Year Founded | 1974 |
| 👤 Amount of Staff | 2,000+ |
| 👥 Amount of Active Traders | 300,000+ |
| 📍 Publicly Traded | ✅Yes |
| 🛡️Regulation | FCA, ASIC, CFTC, NFA, BaFin |
| 🌎 Country of Regulation | UK, Australia, US, Germany |
| ↪️ Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| ⭐ Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP |
| 💶 Minimum Deposit | $250 |
| ⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💷 Fund Withdrawal Fee | None |
| 📈 Spreads from | 0.6 pips |
| 📉 Commissions | None |
| 💰 Number of Base Currencies Supported | 5 |
| 📊 Swap Fees | Applicable |
| ⚙️ Leverage | Up to 1:30 (Retail) |
| 🔖 Margin Requirements | Varies by asset |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏲️ Order Execution Time | 0.1 seconds |
| 🖱️ VPS Hosting | ✅Yes |
| ✔️CFDs Total | 17,000+ |
| 📌 CFD Stock Indices | 80+ |
| 🍎 CFD Commodities | 30+ |
| 📍 CFD Shares | 12,000+ |
| 💴 Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 🖥️ Trading Platforms | MetaTrader 4, ProRealTime, L2 Dealer, IG Trading Platform |
| 💻 OS Compatibility | Windows, MacOS, Android, iOS |
| 📐 Forex Trading Tools | Economic calendar, Autochartist, Trading signals |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email | ✅Yes |
| ☎️ Customer Support Contact Number | ✅Yes |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn |
| ✏️ Languages Supported | Multiple languages |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📒 Educational Resources | Articles, Videos, Tutorials |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | Not specified |
| 🗄️ IB Program | ✅Yes |
| 📇 Notable Events or Teams | ✅Yes |
| 🪙 Rebate Program | ✅Yes |
| 💴 Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to over 17,000 instruments across markets | Limitations on customer support hours |
| Investing opportunities for high-volume traders | Inactivity fees apply |
| Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The Benefits of Trading with IG include access to the IG Academy and trusted Customer Support.
Interactive Brokers
Interactive Brokers is amongst the highest regulated and trusted Forex and CFD Brokers. Regulations include FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Accounts offered are IBKR Lite and IBKR Pro. No minimum deposit is required. In addition, notable Benefits, Factors, and Features to consider include:
- Spreads from 0.6 Pips
- Leverage of up to 1:30
- Access to over 100 Currency Pairs
- Multiple Base Currencies, including AUD, CAD, and, USD
- 24/5 Customer Support
Trading Instruments include Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, bonds. Interactive Brokers support IBKR Trader WorkStation, IBKR Desktop, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, IBKR Impact. In addition, a Proprietary Mobile App is available.
| 🔎 Broker | 🥇 Interactive Brokers |
| 💴 Min. Deposit | None |
| 💶 Inactivity Fee | None |
| 📈 Tradable Assets | Forex, Metals, Futures, ETFs |
| 🪙 Crypto Trading | ✅Yes |
| 📉 MT4 / MT5 | None |
| 📊 Proprietary Platforms | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 🤝 Customer Support | 24/7 |
| ✏️ Education | ✅Yes |
| 📍 Account Types | IBKR Pro and Lite |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low commissions and fees | Intimidating Platform |
| Excellent educational materials | Complex tiered pricing plans |
| Reliable trade execution | Lacking Customer Support |
Our Insights
Te benefits of trading with Interactive Markets include access to scalping and hedging.
XTB
XTB is a Forex and CFD Provider with access to narrow spreads on main currencies. Regulations include FCA, ACPR, BaFin, DFSA, KNF, CNMV, FSCA, CySEC, and, the IFSC. Accounts available are Standard, and, Islamic, Swap-Free. Moreover, a Demo Account is available. No minimum deposit is required. In addition, notable Benefits, Factors, and Features to consider include:
- Occasional Bonus Offers and Promotions
- USD, EUR, and, GBP Base Currencies
- Spreads from 0.5 Pips
- Leverage of up to 1:500
- An Inactivity Fee is Charged
- Access to an Affiliate Option
Trading Instruments include Forex, indices, commodities, stocks, ETFs, and, crypto CFDs. XTB supports xStation 5 and xStation Mobile.
| 🔍 Broker | 🥇 XTB |
| 📌 Year Founded | 2002 |
| 👤 Amount of Staff | Approximately 2,000 |
| 👥 Amount of Active Traders | Over 500,000 |
| 📍 Publicly Traded | Warsaw Stock Exchange |
| 📈 Regulation | FCA, KNF, IFSC, CySEC |
| 🌎 Country of Regulation | UK (FCA), Poland (KNF) |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💰 Minor Account Currencies | Major, Minor |
| 💴 Minimum Deposit | Varies by account type |
| ⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💶 Fund Withdrawal Fee | None |
| 📐 Spreads From | From 0.1 pips |
| 💶 Commissions | Variable |
| 💵 Number of Base Currencies Supported | 30+ |
| 💷 Swap Fees | ✅Yes |
| 🔖 Leverage | Up to 1:500 |
| 🏷️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖇️ Order Execution Time Seconds | Milliseconds - |
| 🖥️ VPS Hosting | Select accounts |
| 📈 CFDs Total | Over 2,000 |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
| 🖱️ Trading Platforms | xStation 5 |
| ⭐ OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex Trading Tools | Charting tools, technical analysis |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | Varies by region |
| 💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
| 🚩 Languages Supported | Multiple languages |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, tutorials, etc. |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| 🔖 Notable Events or Teams | ✅Yes |
| 🏷️ Rebate Program | ✅Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Islamic Account | Inactivity fee |
| Free Deposit and Withdrawal | High conversion fee |
Our Insights
The benefits of trading with XTB include access to in-depth market research, news updates, and various technical indicators.
eToro
eToro is a powerful and popular Forex, CFD, and, Financial Services provider. Regulations include CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC. A Standard and Demo Account is available. The minimum deposit is 10 USD. In addition, notable Benefits, Factors, and Features to consider include:
- Single Base Currencies Accepted (USD)
- Spreads from 1 Pip
- Leverage of up to 1:400
- Access to over 55 Currency Pairs
- An Inactivity Fee is charged
- Multilingual Website Option
Trading Instruments include Forex, stocks, crypto CFDs, indices, commodities, and, ETFs. A proprietary Online Platform and Mobile App is available.
| 🔎 Broker | 🥇 eToro |
| 📈 Regulation and Licenses | CySEC, FCA, ASIC, FSA, FinCEN, FINRA |
| 📉 Ease of Use | 5/5 |
| 📊 Support Hours | 24/5 |
| 💻 Trading Platforms | eToro platform |
| 💹 Account Types | Standard Retail Account |
| 💴 Base Currencies | USD |
| 🅰️ Spreads | From 1 pip EUR/USD |
| 🅱️ Leverage | 1:30 |
| 💶 Currency Pairs | 55; minor, major, exotic pairs |
| 💳 Minimum Deposit | $50 USD |
| 🚫 Inactivity Fee | 10 USD after 12 months of inactivity |
| 📌 Website Languages | English, Italian, German, etc. |
| 💰 Fees and Commissions | Spreads from 1 pip |
| 🤝 Affiliate Program | ✅Yes |
| ✖️ Banned Countries | Canada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria |
| 📈 Scalping | None |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Social trading | Withdrawal Fee |
| Low trading fees | Inactivity fee |
| Negative balance protection | Conversion fees |
| User-friendly Platform | Single base currency |
Our Insight
The benefits of trading with eToro include access to Social Trading and Trusted Customer Support.
AvaTrade
AvaTrade is amongst the highest regulated Forex and CFD Brokers. Regulations include ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, and, the JFSA. Accounts available are Retail, Islamic, and Pro. Moreover, a Demo Account is available. The minimum deposit is 100 USD. In addition, notable Benefits, Factors, and Features to consider include:
- Access to Social Trading via AvaSocial, DupliTrade, and, ZuluTrade
- Spreads from 0.6 Pips
- Leverage of up to 1:400 on the Pro Account
- Access to over 50 Currency Pairs
- Multilingual Customer Support
- Scalping and Hedging are Provided
Trading Instruments include Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, and, CFDs. AvaTrade supports AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, and, ZuluTrade.
| 🔎 Broker | 🥇 AvaTrade |
| 💴 Minimum Deposit | 100 USD |
| 🖱️ Account Types | Retail, Islamic, Professional |
| 🪙 Base Currencies | ZAR, USD, GBP, AUD |
| 5️⃣ Ease of Use Rating | 4/5 |
| 🎁 Bonuses | ✅ Yes, referral bonus |
| ⏰ Support Hours | 24/5 |
| 💵 Currency Pairs | 51; Major, Minor, Exotic Pairs |
| 🤝 Affiliate Program | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Over 1,260 instruments | Inactivity fees on dormant accounts |
| Fixed spreads from 0.6 pips on the Pro Account | The demo account is available for 21 days |
| Islamic Account | Deposit and withdrawal options are limited |
| There is a free demo account available | Leverage is capped at 1:30 for retail accounts |
Our Insights
The benefits of trading with AvaTrade include access to over 1000 Instruments for trade.
Admirals
Admiral Markets, or, Admirals, is a trusted Forex Brokerage. Regulations include FCA, ASIC, CySEC, JSC, FSCA, FSA, and, the CMA. Accounts available include Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, and, Bets.MT5. The minimum deposit is 25 USD. In addition, notable Benefits, Factors, and Features to consider include:
- Occasional Bonus Offers and Promotions
- 24/5 Customer Support
- Spreads from 0.0 Pips
- Scalping and Hedging are Offered
- An Inactivity Fee is Charged
Trading Instruments include ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, and, Bonds. Admirals support MetaTrader 4 and MetaTrader 5. In addition, a Mobile App is available.
| 🔎Broker | 🥇Admirals |
| 💴Minimum Deposit | 25 USD |
| 🎉Established Year | 2001 |
| ⏰Support Hours | 24/5 |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
| 📈Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Islamic Account | Inactivity fee |
| Free Deposit and Withdrawal | No 24/7 customer service |
Our Insights
The benefits of trading with Admirals include Free Deposits and Withdrawals.
Is Forex Trading Legal in Costa Rica?
Forex Trading in Costa Rica is legal and available without restriction. Moreover, it is regulated by the General Superintendence of Financial Entities (SUGEF).
In Conclusion
The popularity of Forex Trading in Costa Rica has seen a notable rise. Moreover, it is legal and available without restriction. The General Superintendence of Financial Entities (SUGEF) licenses and regulates the Costa Rican financial sector.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | FCA, FSCA, FSC, CMA | USD 200 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | FSC, FSA, VFSC | USD 10 | Visit Broker |
| 6 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Costa Rican Traders, we found 6 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Faq
Forex Trading in Costa Rica is legal and available without restriction.
The General Superintendence of Financial Entities (SUGEF).
The Costa Rican Colón.
Bank Wire Transfers, Credit Cards, Debit Cards, and PayPal are accepted.
No inactivity Fee is charged.
The United States Dollar, the Great British Pound, and, the Euro.
A proprietary web-based trading platform and mobile app is provided.
The AvaTrade minimum deposit is 100 USD.
Admirals support MetaTrader 4 and MetaTrader 5.
| Broker | Website | |
|---|---|---|
| 🥇 |  | Visit Broker |
| 🥈 | | Visit Broker |
| 🥉 | | Visit Broker |
| 4 | | Visit Broker |
| 5 | | Visit Broker |
| 6 | | Visit Broker |
| 7 | | Visit Broker |
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