6 Best Forex Brokers in Lithuania
6 Best Forex Brokers in Lithuania – Rated and Reviewed. We have listed the Best Forex Brokers accepting traders in Lithuania.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Lithuania – a List
- Is Forex Trading Legal in Lithuania?
- Who regulates Forex in Lithuania?
- Leading Brokers in Europe
- Best MetaTrader 4 and MetaTrader 5 Brokers
- Best Forex Brokers in Lithuania for Beginners
- The Best Forex Brokers in Lithuania – Reviews + Our Insights
and much, MUCH more!
6 Best Forex Brokers in Lithuania
🔎 Broker | 🚀Open an Account | 🤝 Accepts Lithuanian Traders | 💶 Min. Deposit (EUR) |
🥇 Saxo Bank | 👉 Click Here | ✅Yes | None |
🥈 eToro | 👉 Click Here | ✅Yes | 9,32 EUR |
🥉 Interactive Brokers | 👉 Click Here | ✅Yes | None |
🏅 Tickmill | 👉 Click Here | ✅Yes | 93,17 EUR |
🎖️ XTB | 👉 Click Here | ✅Yes | None |
🥇 Oanda | 👉 Click Here | ✅Yes | None |
6 Best Forex Brokers in Lithuania
- ☑️ Saxo Bank – Overall, the Best Forex Broker in Lithuania
- ☑️ eToro – The Best Forex Broker for Copy Trading
- ☑️ Interactive Brokers – Top Forex Broker for Professionals
- ☑️ Tickmill – Leading MetaTrader 4 and MetaTrader 5 Forex Broker
- ☑️ XTB – Best Overall Offering
- ☑️ Oanda – Popular Forex Broker for Beginners
Saxo Bank
Saxo is a licensed Danish Bank that offers access to Forex, CFDs, Stocks, Commodities, Futures, FX options, listed options, ETFs, bonds, and, mutual funds. 14 Tier-1 Regulators license it. Account types offered are Classic, Platinum, and, VIP. Moreover, no minimum deposit is required.
Trading platforms available are SacoTraderGO and SaxoTraderPRO. Additionally, notable features include access to 18 currency pairs, spreads from 0.4 Pips, and, Commission free mutual funds. Furthermore, Scalping and Hedging are allowed.
🔎 Broker | 🥇 Saxo Bank |
📌 Year Founded | 1992 |
👤 Amount of staff | Approximately 2,000 |
👥 Amount of active traders | Over 800,000 |
📍 Publicly Traded | ✅Yes |
⭐ Regulation and Security | Very High |
🛡️ Regulation | FSA FCA |
📈 Account Segregation | ✅Yes |
📉 Negative balance protection | ✅Yes |
📊 Investor Protection Schemes | ✅Yes |
💹 Account Types and Features | SaxoTraderGO, SaxoTraderPRO |
🅰️ Institutional Accounts | Available |
🅱️ Managed Accounts | Available |
💴 Minor account currencies | ✅Yes |
💶 Minimum Deposit | Varies by account type and region |
⏰ Avg. deposit processing time | Typically 1-2 business days |
⏱️ Avg. Withdrawal processing time | Typically 1-2 business days |
💵 Fund Withdrawal Fee | No standard fee, may vary depending on method |
💷 Spreads from | 0.4 pips (varies by instrument and market conditions) |
💳 Commissions | Variable, depending on account type and trading volume |
💸 Number of base currencies | Over 40 |
💲 Swap Fees | Varies depending on account type and instrument |
▶️ Leverage | Up to 1:200 (varies by asset class and jurisdiction) |
⏹️ Margin requirements | Varies by asset class |
☪️ Islamic account | Available |
🆓 Demo Account | ✅Yes |
⌚ Order Execution Time | Typically milliseconds to seconds |
🖥️ VPS Hosting | Available |
📊 CFDs Total Offered | Thousands |
📉 CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
📈 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
💻 Trading Platforms | SaxoTraderGO, SaxoTraderPRO |
🖱️ OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex trading tools | Advanced charting, research tools, trading signals |
🥰 Customer Support | Very Responsive |
🗯️ Live chat | ✅Yes |
💌 Support Email | Varies by Region |
☎️ Support Contact | Varies by Region |
🐦 Social media | Facebook, Twitter, |
🔖 Languages | Multiple languages including English, Danish, German, etc. |
🏷️ Forex course | ✅Yes |
✏️ Webinars | ✅Yes |
📔 Educational Resources | Yes (includes articles, videos, and courses) |
🫰🏻 Affiliate program | ✅Yes |
🫶 Amount of partners | Numerous |
🤝 IB Program | ✅Yes |
🌟 Sponsor notable events/teams | Various |
💰 Rebate program | ✅Yes |
😊 Suited to Beginners | ✅Yes |
😎 Suited to Professionals | ✅Yes |
♒ Suited to Active Traders | ✅Yes |
💡 Suited to Scalpers | ✅Yes |
🌞 Suited to Day Traders | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Instructional resources | High Fees when Compared |
Multiple Trading Platforms | Futures and options - complicated cost structures |
Our Insights
The benefits of trading with Saxo include access to market-leading trading platforms, excellent customer support, and, commission-free trading on selected instruments.
eToro
eToro is a trusted and well-regulated trading and investment platform that offers access to Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, and, ETFs. An eToro Standard Account and Proprietary trading platform is offered. Moreover, the minimum deposit is 10 USD.
Notable features include commission-free trading and spreads from 0 Pips. Furthermore, Scalping is not available, but hedging is allowed.
🔎 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 Insights
The benefits of trading with eToro include multilingual customer support. However, an inactivity fee of 10 USD is charged after 12 months of inactivity.
Interactive Brokers
Interactive Brokers is an American multinational brokerage firm that offers access to Forex, stocks, ETFs, options, futures, indices, mutual funds, cryptocurrencies, metals, and, bonds. Moreover, the accounts offered are IBKR Lite and IBKR Pro. Furthermore, no minimum deposit is required.
Trading Platforms available are IBKR Trader WorkStation, IBKR Desktop, IBKR Mobile, IBKR GlobalTrader, IBKR Client Portal, IBKR APIs, and, IBKR Impact. Additionally, notable features include spreads from 0.6 Pips, a Leverage of up to 1:30, and access to an affiliate program.
🔎 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
Interactive Brokers is a suitable broker choice for cost-conscious traders. Moreover, the broker does not levy an inactivity fee.
Tickmill
Tickmill is a trusted and highly regulated Forex and CFDs Broker that provides tight spreads, and, a low commission structure. Trading Instruments offered are Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, and, ETFs.
Accounts offered are VIP, Classic, and, Pro. Moreover, the traders choice MetaTrader 4 and MetaTrader 5 trading platforms are offered. Moreover, the minimum deposit is 100 USD.
Notable features include access to 62 currency pairs and spreads from 0.0 Pips. Furthermore, Scalping and Hedging are allowed.
🔎 Broker | 🥇 Tickmill |
💴 Minimum Deposit | $100 |
💵 Inactivity Fee | None |
📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
📉 Leverage | 1:500 |
💶 Currency Pairs | 62, major, minor, and exotic pairs |
📊 Scalping | ✅Yes |
💹 Hedging | ✅Yes |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
⏰ Support Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Islamic Account | Basic news feed |
No inactivity fee | Limited trading platforms |
Price alerts | Limited Account Types |
Our Insights
Tickmill is suited to all levels of traders. Moreover, Beginners will benefit from excellent educational resources and dedicated, multilingual customer support.
XTB
XTB is a trusted multi-asset broker that provides access to Forex, Indices, Commodities, Stocks, ETFs, and, Crypto CFDs. Standard, Islamic, and, Demo accounts are paired with the xStation 5 Platforms and xStation 5 Mobile App. Moreover, no minimum deposit is required.
Additionally, notable features include spreads from 0.5 Pips and a Leverage of up to 1:500.
🔍 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
XTB is suited to all traders, with access to educational resources, and impressive customer support. However, the account options and trading platform selection are limited.
OANDA
OANDA is a global leader in CFD solutions providing access to two proprietary trading platforms and an award-winning mobile app. Trading instruments offered include Forex, indices, commodities, metals, shares, energies, and, cryptocurrencies.
Accounts offered are Standard, Core, Swap-Free, Premium, and Premium Core. Moreover, no minimum deposit is required. Notable features include spreads from 0.1 Pips and access to 48+ Currency Pairs.
🔎 Broker | 🥇 OANDA |
💶 Minimum Deposit | None |
📌 Account Types | Standard, Elite Trader |
🆓 Demo Account | ✅Yes |
🎁 Bonus Offers | ✅Yes |
✏️ Education | ✅Yes |
📲 Mobile Trading | ✅Yes |
🖱️ Trading Platform | MetaTrader 4 |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Great trading platforms | Only FX and CFD available for most clients |
Outstanding research tools | Lacking Customer Support |
Low trading fees | Inactivity fee |
Our Insights
The benefits of Trading with OANDA include multilingual customer support. However, support is only offered 24/5.
European Securities and Markets Authority (ESMA)
The European Securities and Markets Authority (ESMA) is one of three European Supervisory Authorities within the European System of Financial Supervision.
The Lithuanian Securities and Markets Commission
The Lithuanian Securities and Markets Commission or Lietuvos vertybinių popierių komisija is the main regulator of financial services and markets in Lithuania.
Is Forex Trading Legal in Lithuania
Forex Trading is Legal and well-regulated in Lithuania. As a part of the European Union (EU), all Forex-related activities are regulated by the EU’s European Securities and Markets Authority (ESMA). Moreover, the Lithuanian Securities and Markets Commission governs the local financial markets.
In Conclusion
Forex Trading in Lithuania has seen a rise in popularity. Moreover, it is well-regulated by the Lithuanian Securities and Markets Commission and the European Securities and Markets Authority (ESMA). An impressive selection of international brokers accepts Lithuanian traders.
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 Lithuanian 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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Frequently Asked Questions
Who is the European Securities and Markets Authority?
The European Securities and Markets Authority (ESMA) is one of three European Supervisory Authorities within the European System of Financial Supervision.
Who is the Lithuanian Securities and Markets Commission?
The Lithuanian Securities and Markets Commission is the main regulator of financial services and markets in Lithuania.
Is Forex Trading Legal in Lithuania?
Forex Trading is Legal and well-regulated in Lithuania.
Where is Saxo Bank Based?
Saxo Bank is based in Copenhagen, Denmark. Moreover, it has 15 countries across the globe.
Does eToro provide a Demo Account?
eToro provides a Demo Account with 100’000 USD in virtual funds.
What accounts do Interactive Brokers offer?
IBKR Lite and IBKR Pro.
What is the minimum deposit to open a Tickmill Account?
The minimum deposit to open a Tickmill Account is 100 USD/93.17 EUR.
Does XTB offer customer support?
XTB offers 24/5 Customer Support.
What can I trade with OANDA?
Forex, indices, commodities, metals, shares, energies, and, cryptocurrencies.
Broker | Website | |
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