Best brokers for crypto in Latvia
For crypto in Latvia, from Riga or anywhere else in the country, 5 of the 7 brokers we review are open to you. XTB takes first place, followed by two brokers picked from those that serve Latvia.
By Broksal Team, investing in forex and CFD markets since 2017. Updated . How we test
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
Top 3 crypto brokers for Latvia
- 1
Our top pick in Latvia
XTB
4.8Own platform, no minimum deposit, commission-free stocks and ETFs within a monthly limit
Crypto CFDs Spot crypto launched in Cyprus under a CySEC MiCA authorisation in 2026; crypto CFDs elsewhere, not for UK retail clients.
- Minimum deposit
- No minimum
- Platforms
- xStation 5 (web & desktop), XTB mobile app
- Entity for Latvia
- XTB S.A. — KNF (Poland)
- CFDs
- Yes
Show pros, cons and feesHide details
xStation 5: Market Watch with sentiment tabs on the left, an EUR/USD hourly chart with one-click order entry, and open positions below. Account number blurred. What we like
- Publicly listed in Warsaw with KNF, FCA and CySEC oversight
- No minimum deposit
- xStation 5 is fast, clean and has built-in market sentiment and calendars
- Real stocks and ETFs commission-free up to €100,000 monthly turnover
Watch out for
- No MetaTrader or cTrader
- Since March 2026 the international entity accepts residents of only a short list of countries
- Inactivity fee after 12 months without trading
Fees
CFDs are priced through the spread on the Standard account. Real stocks and ETFs are commission-free up to €100,000 of monthly turnover, then 0.2% (minimum €10). Currency conversion and overnight swap costs apply.
Best for
Beginners and active traders who want one app for CFDs and real stocks.
- 2
Interactive Brokers
4.7The widest market access here, with low costs and top-tier regulation
Serves Latvia through its EU regulated entity
Real crypto Spot crypto for eligible EEA individuals through Interactive Brokers Ireland and Zero Hash, and for US clients; crypto futures too.
- Minimum deposit
- No minimum
- Platforms
- Trader Workstation (TWS), IBKR Desktop, Client Portal (web) +2
- Entity for Latvia
- Interactive Brokers Ireland Limited — Central Bank of Ireland
- CFDs
- Yes
Show pros, cons and feesHide details
Interactive Brokers homepage, showing the desktop platform and mobile app and the new AI-assisted analysis integrations. What we like
- Listed on Nasdaq and regulated by top-tier authorities worldwide
- Access to stocks, options, futures and bonds on 150+ markets
- No minimum deposit and no inactivity fee
- Accepts residents of most countries
Watch out for
- Trader Workstation has a steep learning curve
- CFDs are not available to US residents
- Account opening asks for more documents than most brokers
Fees
Two pricing plans: Fixed (one all-in commission) and Tiered (lower exchange-based commission plus pass-through fees). CFD commissions are charged per trade, with financing on overnight positions. There is no inactivity fee.
Best for
Experienced investors who want access to global exchanges.
- 3
eToro
4.3CopyTrader and a social feed on a Nasdaq-listed platform
Serves Latvia through its EU regulated entity
Real crypto Real crypto as well as crypto CFDs where allowed; a 1% spread on crypto trades.
- Minimum deposit
- Varies by country
- Platforms
- eToro web platform, eToro mobile app
- Entity for Latvia
- eToro (Europe) Ltd — CySEC
- CFDs
- Yes
Show pros, cons and feesHide details
eToro homepage after the 2026 brand refresh, highlighting its Nasdaq listing (ETOR) and the new mobile app. What we like
- CopyTrader lets you mirror other investors' portfolios
- Listed on Nasdaq; FCA, CySEC and ASIC regulated
- Very easy app for stocks, ETFs and crypto
Watch out for
- CFD spreads are wider than at IC Markets or XTB
- Not available in Canada, Japan, India, Turkey and most of Africa
- Withdrawal and currency conversion fees on the USD account
Fees
CFD costs are in the spread (about 1 pip on EUR/USD), plus overnight fees on leveraged positions. Withdrawals from the USD account cost $5 and currency conversion is charged on non-USD deposits; eToro removed its inactivity fee on 28 May 2026.
Best for
Investors who want to copy other traders.
Also available in Latvia:
XM 4.6
IC Markets 4.6
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
Crypto from Latvia: the rules
In the EU, crypto services fall under MiCA. Crypto CFDs are limited to 2:1 leverage for retail clients in Latvia. Locally, financial services are supervised by the Bank of Latvia (Latvijas Banka).
Currency costs when investing from Latvia
Latvia uses the Euro (EUR). Most of what you buy here is priced in USD or EUR, so unless your account is in the same currency as the asset, each purchase is converted. Published conversion fees: XTB 0.5% on currency conversion; Interactive Brokers 0.2 basis points of trade value, minimum $2; eToro 0.75% at the base Club tier (lower for higher tiers).
All 7 brokers we review, checked for crypto in Latvia
| Broker | Status | Access | Entity for Latvia |
|---|---|---|---|
| XTB | #1 in this ranking | Crypto CFDs | XTB S.A. — KNF (Poland) |
| XM | Available | Crypto CFDs | Trading Point of Financial Instruments Ltd — CySEC |
| IC Markets | Available | Crypto CFDs | IC Markets (EU) Ltd — CySEC |
| Interactive Brokers | #2 in this ranking | Real crypto | Interactive Brokers Ireland Limited — Central Bank of Ireland |
| Freedom24 | No crypto here | — | — |
| IQ Option | Not available in Latvia | — | — |
| eToro | #3 in this ranking | Real crypto | eToro (Europe) Ltd — CySEC |
Crypto rankings in countries bordering Latvia
| Country | Brokers offering crypto | #1 |
|---|---|---|
| 🇧🇾 Belarus | 2 | XM |
| 🇪🇪 Estonia | 6 | XTB |
| 🇱🇹 Lithuania | 6 | XTB |
| 🇷🇺 Russia | 2 | XM |
Frequently asked questions
What is the best crypto broker in Latvia?
XTB, in our ranking. Spot crypto launched in Cyprus under a CySEC MiCA authorisation in 2026; crypto CFDs elsewhere, not for UK retail clients. Interactive Brokers and eToro complete the top 3.
Which brokers offer crypto to residents of Latvia?
Of the brokers we review: XTB (crypto cfds), XM (crypto cfds), IC Markets (crypto cfds), Interactive Brokers (real crypto) and eToro (real crypto).
What are the rules for crypto in Latvia?
In the EU, crypto services fall under MiCA. Crypto CFDs are limited to 2:1 leverage for retail clients in Latvia.
Can I invest in Euro (EUR)?
Yes, EUR is a base currency at every broker listed.
Do I own the coins when I buy crypto at a broker?
Only with real-crypto offers such as eToro, Interactive Brokers (EEA and US) and XTB in Cyprus. With crypto CFDs you only have exposure to the price.
Availability last checked 6 October 2026. Brokers change their country lists without notice; the broker's sign-up form is the final word.