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Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
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Euro Brokers2026

Brokers by Country · EE

European Brokers in Estonia, 2026

Tracked byUpdated

Estonia is a eurozone member state under ESMA retail rules, with Finantsinspektsioon as the integrated supervisor for banking, insurance and capital markets. EU-passported brokers (CySEC, MFSA, BaFin) make up most of the cross-border retail offering, alongside locally licensed names. Estonia historically hosted significant non-resident banking activity that was wound down following the 2018 Danske Bank money-laundering scandal. SEPA Instant dominates funding rails.

6 / 6 brokers accept Estonia

European

  1. Editorial top pick

    01FxPro

    Local licenseFCACySECSCBFSCA
    Open account at FxPro →
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing

    Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006 · Verified Jun 1, 2026

    Full FxPro details →

  2. 02Tickmill

    Local licenseFCACySECFSAFSCA
    Open account at Tickmill →
    Avg spread
    0.20pip
    editorial estimate
    Cost / lot
    $8.00
    incl. $6 commission
    Min deposit
    $100
    Max leverage
    1:1000
    EU/UK retail: 1:30 · Seychelles entity: 1:1000

    Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page

    Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricing
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 2014 · Verified Jun 1, 2026

    Full Tickmill details →

  3. 03Deriv

    Local licenseBVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  4. 04Libertex

    Local licenseCySEC
    Open account at Libertex →

    84% of retail investor accounts lose money

    Cost / lot
    Floating
    Min deposit
    €100
    Max leverage
    1:30
    For retail clients

    CySEC-regulated (Indication Investments Ltd, licence 164/12) with ICF investor compensation and negative balance protection · Single-jurisdiction CySEC coverage — no FCA or ASIC fallback

    Fits ifYou are an EU/EEA resident who wants an EU-regulated (CySEC) broker with ICF compensation and negative balance protection
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  5. 05AvaTrade

    Local licenseASICFSCACBIBVI
    Open account at AvaTrade →
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume

    Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006 · Verified Jun 1, 2026

    Full AvaTrade details →

  6. 06XM Group

    Local licenseASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

Country context

Regulator
Finantsinspektsioon · Estonian Financial Supervision Authority — integrated supervisor for banking, insurance and capital markets; coordinates with ECB on eurozone matters
Currency
EUR
Payment methods
SEPA InstantBank transferVisa
Tax

Capital gains on financial instruments are taxed at 22% (rising from 20% in 2025) for residents on realised gains. The optional investment account (investeerimiskonto) defers taxation until net withdrawal exceeds contributions. Foreign brokers do not act as withholding agents; income is self-declared via the EMTA (Estonian Tax and Customs Board) annual return.

Retail trading rules

ESMA leverage caps apply (1:30 majors, 1:20 minors and gold, lower for other CFDs). Negative balance protection is mandatory. Finantsinspektsioon publishes a public warnings list for unauthorised entities; binary options for retail are prohibited. Estonia's e-Residency programme has facilitated a meaningful population of non-resident broker clients.

Frequently asked

Which brokers accept residents of Estonia?+

6 of 6 brokers in our ranking accept Estonia: FxPro, Tickmill, Deriv, Libertex, AvaTrade.

Who regulates brokers for Estonia?+

Primary regulator: Finantsinspektsioon — Estonian Financial Supervision Authority — integrated supervisor for banking, insurance and capital markets; coordinates with ECB on eurozone matters.

What payment methods are available?+

Common methods: SEPA Instant, Bank transfer, Visa.

What are the tax rules for trading in Estonia?+

Capital gains on financial instruments are taxed at 22% (rising from 20% in 2025) for residents on realised gains. The optional investment account (investeerimiskonto) defers taxation until net withdrawal exceeds contributions. Foreign brokers do not act as withholding agents; income is self-declared via the EMTA (Estonian Tax and Customs Board) annual return.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.