Best brokers in Latvia

Latvia
Dividends and gains are taxed at 25.5%. If you use an ieguldījumu konts to defer that tax and it is held abroad, you have to report it to VID through the EDS by 31 December of the year you open it.
LV

Brokers available in Latvia

Checked on 28 September 2026. 11 brokers accept someone resident in Latvia. What each one charges and how your assets are protected:

  • Bitpanda: European ETF €1, investor protection up to €20,000.
  • DEGIRO: European ETF €1, investor protection up to €20,000.
  • eToro: European ETF 0%, investor protection up to €20,000.
  • Freedom24: European ETF €2 + €0.02 per share, investor protection up to €20,000.
  • Interactive Brokers: European ETF Fixed: 0.05% (min. €3); Tiered: 0.05% (min. €1.25), interest on uninvested cash 1.93%, investor protection up to €20,000.
  • Lightyear: European ETF 0%, investor protection up to €20,000.
  • Revolut: European ETF €1, investor protection up to €22,000.
  • Saxo: European ETF 0.08% (min. €2), investor protection up to €20,000.
  • Trade Republic: European ETF €1, interest on uninvested cash 2.50%, investor protection up to €20,000.
  • Trading 212: European ETF 0%, interest on uninvested cash 2.50% to 3.50%, investor protection up to €20,000.
  • XTB: European ETF 0%, interest on uninvested cash 1.10%, investor protection up to €20,100.

Four of them charge nothing to buy a European ETF: eToro, Lightyear, Trading 212 and XTB. The highest advertised interest on uninvested cash is 2.50% at Trade Republic. Fees are the published retail prices. Currency conversion, custody and transfer costs are in the table above.

What to know if you live in Latvia

Dividends and capital gains are taxed at 25.5% since 1 January 2025, and at 6% where the dividend comes out of profits taxed at the reduced corporate rate. A Latvian payer withholds; a broker abroad does not, so dividends go in appendix D11 of the annual declaration and gains on the DK capital gains declaration, quarterly when capital income in the quarter passes €1,000 and once a year otherwise (VID).

If you use an ieguldījumu konts, the investment account that defers tax until withdrawals exceed contributions, and it is held abroad, you have to report it to VID by 31 December of the year you open it, through the EDS. Crypto assets, and funds investing in them, cannot go in that account (VID). Investor protection runs to €20,000 per investor (Latvijas Banka).