Best Forex Brokers in Costa Rica for 2025

Last updated Oct 15, 2025

We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Costa Rica based on our analysis:

  1. 1
    AvaTrade Logo
    AvaTrade - Best Forex broker in Costa Rica - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources.
  2. 2
    Libertex Logo
    Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. A rich set of educational resources and market analysis.
  3. 3
    FP Markets Logo
    FP Markets - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms.
  4. 4
    Roboforex Logo
    Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts.
  5. 5
    FxPro Logo
    FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools.
  6. 6
    Plus500 Logo
    Plus500 - Diversity of trading assets. Intuitive trading platform. 24/7 support.
  7. 7
    ActivTrades Logo
    ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides.
  8. 8
    Admirals Logo
    Admirals - Low trading fees. Wide range of payment methods. Extensive analytical resources.
  9. 9
    XM Logo
    XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account.
  10. 10
    FreshForex Logo
    FreshForex - Extensive experience (since 2004). Minimum deposit from $25. Wide selection of currencies and cryptocurrencies for accounts.

This comprehensive guide aims to assist you in finding a broker that aligns perfectly with your trading strategy while ensuring the security of your investments. Each broker featured here stands out with their distinctive offerings, advanced technology, and rigorous security protocols, delivering an exceptional trading experience in Costa Rica's dynamic Forex market.

Comparison of the Best Forex Brokers in Costa Rica

AvaTrade
Libertex
FP Markets
Broker
AvaTrade LogoAvaTrade
Libertex LogoLibertex
FP Markets LogoFP Markets
Rating
4.7/5
4.7/5
4.7/5
Foundation Year200519962005
Regulated in CountriesIreland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, CanadaSaint Vincent and the Grenadines, Belarus, Cyprus, MauritiusAustralia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Regulators
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 USD
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 CHF
  • 100 CAD
  • 100 AUD
  • 100 NZD
  • 100 SGD
  • 100 HKD
  • 1700 ZAR
Trading Accounts
  • AvaTrade
  • Libertex
  • MT4 Market
  • MT5 Market
  • MT4 Instant
  • MT5 Instant
  • Libertex Portfolio
  • Standard
  • Raw
Spreadfrom 0.6 pointsfrom 0 pointsfrom 0 points
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • AvaTradeGO
  • Libertex
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
ReviewAvaTrade ReviewLibertex ReviewFP Markets Review
Broker Comparison
RegisterTrading CFDs carries high risks. You may lose all invested fundsRegisterTrading CFDs carries high risks. You may lose all invested fundsRegisterTrading CFDs carries high risks. You may lose all invested funds

List of the Best Forex Brokers in Costa Rica for 2025

1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year1996
Minimum Deposit
$100
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2005
Minimum Deposit
$100
4
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$10
5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2006
Minimum Deposit
$100
6
Plus500 Logo
4.3/5
Plus500 reviewPlus500 is a CFD broker and offers Forex CFDs.
Register80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Foundation Year2007
Minimum Deposit
$100
7
Register81% of retail investors lose money when trading CFDs with this broker
Foundation Year2000
Minimum Deposit
$1
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2001
Minimum Deposit
$1
9
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2009
Minimum Deposit
$5
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Foundation Year2003
Minimum Deposit
$25

1. AvaTrade

AvaTrade Logo
1
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
compare AvaTrade trading accounts

AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.

Pros and Cons of AvaTrade

Pros

  1. A wide selection of financial assets.
  2. Innovative trading platforms.
  3. Highly rated educational resources.

Cons

  1. Limited trading account options.
  2. Account inactivity fee.

2. Libertex

Libertex Logo
2
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexStocksCryptocurrencyETFPrecious MetalsEnergy CarriersSoft CommoditiesIndicesBonds
Trading Platforms
LibertexMetaTrader 4MetaTrader 5
compare Libertex trading accounts

Libertex is an established broker with a broad range of instruments and a solid educational base. The Libertex and MT4/MT5 platforms support both self-directed trading and ready-made solutions: copy trading (Libertex Social), model portfolios, and curated investment ideas.

Traders get multiple account types for different styles, competitive costs with zero deposit fees, and convenient funding/withdrawal options. Regular research, an economic calendar, and trading signals help with planning and risk management. A limitation is the absence of fixed-spread and Islamic accounts, which may matter to some investors.

Pros and Cons of Libertex

Pros

  1. Tight spreads and attractive trading conditions.
  2. Wide selection of trading assets.
  3. A rich set of educational resources and market analysis.
  4. Strong platform lineup: proprietary Libertex and professional MT4/MT5.
  5. Copy trading and investing in stocks and ETFs are available.
  6. Instant, fee-free deposits and a wide choice of funding and withdrawal methods.

Cons

  1. An inactivity fee applies.
  2. No fixed-spread accounts and no Islamic accounts.

3. FP Markets

FP Markets Logo
3
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexPrecious MetalsEnergy CarriersSoft CommoditiesIndicesStocksETFBondsCryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5cTraderTradingView
compare FP Markets trading accounts

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

Pros and Cons of FP Markets

Pros

  1. Robust regulation, serious fund protection plus segregated accounts in AA banks.
  2. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
  3. Rich selection of trading platforms.
  4. Wide range of instruments.
  5. Numerous deposit/withdrawal methods.
  6. Strong analytics and education.
  7. 24/7 support.

Cons

  1. Lack of cent accounts and fixed spread accounts.
  2. Some analytical materials and software are accessible only with a deposit or trading volume.

4. RoboForex

Roboforex Logo
4
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
compare Roboforex trading accounts

RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.

Pros and Cons of Roboforex

Pros

  1. A variety of trading platforms.
  2. Over 12,000 trading assets.
  3. Different types of trading accounts.
  4. Competent 24/7 customer support.
  5. Loyalty programs and bonus offers for clients.
  6. Low spreads and fees.

Cons

  1. Regulation in an offshore jurisdiction.
  2. Beginner traders may find a lack of educational materials.

5. FxPro

FxPro Logo
5
4.4/5
FxPro review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
compare FxPro trading accounts

FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.

Pros and Cons of FxPro

Pros

  1. Various trading platforms.
  2. A diverse range of available markets and products.
  3. Multiple analytics tools.
  4. Extensive educational materials.

Cons

  1. An inactivity fee.
  2. Absence of cent accounts and services for copying trades.

6. Plus500

Plus500 Logo
6
Register80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Countries of registration:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersSoft Commodities
Trading Platforms
WebTrader
compare Plus500 trading accounts

Plus500 is ideal for traders seeking a convenient and intuitive platform with a broad spectrum of trading instruments. It's particularly well-suited for those who value a diverse range of CFDs on stocks, indices, currencies, commodities, and ETFs. The built-in Insight+ analytics tool is a significant advantage for those keen on analyzing trends and activities based on real-time data.

Pros and Cons of Plus500

Pros

  1. Diversity of trading assets.
  2. Intuitive trading platform.
  3. 24/7 support.
  4. Built-in analytics.

Cons

  1. Limited channels for communication with technical support.
  2. Limited choice of trading accounts.

7. ActivTrades

ActivTrades Logo
7
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersSoft CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
compare ActivTrades trading accounts

ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.

However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.

Pros and Cons of ActivTrades

Pros

  1. Wide range of trading assets.
  2. A wide variety of trading platforms.
  3. Extensive training materials including webinars, videos, articles and guides.
  4. Professional Support Team.

Cons

  1. Lack of diversity in trading accounts.

8. Admirals

Admirals Logo
8
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
compare Admirals trading accounts

The broker Admirals is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.

Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.

Pros and Cons of Admirals

Pros

  1. Low trading fees.
  2. Wide range of payment methods.
  3. Extensive analytical resources.
  4. A rich collection of educational materials.

Cons

  1. Inactivity fee.
  2. Some users complain about the intrusiveness of the support service.

9. XM

XM Logo
9
4.2/5
XM review
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
compare XM trading accounts

XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.

Pros and Cons of XM

Pros

  1. Wide range of trading assets.
  2. Extensive educational resources.
  3. Tight spreads on the Ultra Low account.
  4. Many analytical materials.
  5. Commission-free deposits and withdrawals.

Cons

  1. Inconsistency in technical support.
  2. Inactivity fee.
  3. Standard account has a higher spread than the market average.

10. FreshForex

FreshForex Logo
10
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
compare FreshForex trading accounts

FreshForex is a broker with a long history in the market, a wide selection of trading accounts, high leverage, and an affordable minimum deposit. It is suitable for active traders who value flexibility in choosing trading instruments, are interested in high-risk strategies, and are willing to work with an offshore company without licenses from leading global regulators. Thanks to the availability of a demo account, a variety of analytical materials, and training courses, FreshForex may also be of interest to novice traders who want to hone their skills without making large investments.

Pros and Cons of FreshForex

Pros

  1. Extensive experience (since 2004).
  2. Minimum deposit from $25.
  3. Wide selection of currencies and cryptocurrencies for accounts.
  4. Various analytical and educational materials.

Cons

  1. No licenses from reputable regulators.
  2. High spreads and commissions on a number of instruments.
  3. No PAMM accounts or copy trading.
  4. No online chat or support via messengers.

Regulation of Forex Brokers in Costa Rica

The regulatory framework for Forex and CFD brokers in Costa Rica is designed to ensure the fairness and transparency of trading activities.

Key Regulatory Bodies in Costa Rica

  • Superintendencia General de Valores (SUGEVAL): SUGEVAL is the primary regulatory authority responsible for supervising and regulating financial institutions, including Forex brokers. It ensures compliance with regulations to maintain the integrity of the financial system and protect investors' interests.

  • Banco Central de Costa Rica (BCCR): As the central bank of Costa Rica, BCCR is responsible for monetary policy, issuing currency, and regulating the payment system. While it doesn't directly regulate Forex and CFD trading, its monetary policies and actions can significantly influence the foreign exchange market.

Verifying Broker Authorization

To confirm a broker's authorization under SUGEVAL, traders can utilize SUGEVAL's online resources. This platform allows investors to verify if a Forex broker is regulated and authorized to operate in Costa Rica. Brokers typically display their regulatory status under SUGEVAL on their websites.

Traders should seek the broker’s name in SUGEVAL’s listings for assurance. Additional information on broker licensing and regulation can be found on various financial market websites and platforms for more comprehensive verification.

How We Compiled the List of Top Forex Brokers in Costa Rica

Our meticulous process for identifying the top Forex trading platforms in Costa Rica involved several stringent benchmarks:

  1. Comprehensive Research and Analysis: We began by creating extensive Forex brokers rankings that align with our high standards. Each broker was subjected to a thorough and unbiased evaluation using our methodology to assess their services and operational efficiency.

  2. Regulatory Oversight: We prioritized brokers regulated by well-known financial authorities such as the Superintendencia General de Valores (SUGEVAL) and other respected international regulators like the FCA, ASIC, and CySEC. This ensures that the brokers operate with transparency and adhere to strict financial standards.

  3. Trading Conditions and Platforms: We analyzed brokers based on their trading conditions, including spreads, fees, minimum deposits, and the range of trading instruments available. We also assessed the quality and usability of their trading platforms, with a preference for those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as proprietary platforms with advanced features.

  4. Customer Support and Localization: The quality of customer support was a key consideration, with a focus on the availability of support in Spanish and accessible communication channels. We also considered brokers that provide localized services, including websites and educational resources in Spanish, to better cater to Costa Rican traders.

  5. User Reviews: Authentic feedback from traders who have used these brokers was incorporated to provide a comprehensive view of each broker's strengths and weaknesses. This includes aspects such as ease of use, customer service experiences, and overall satisfaction.

FAQ

Yes, Forex trading is legal in Costa Rica. Traders must ensure they are working with brokers regulated by reputable authorities.

What is the best Forex broker in Costa Rica?

The best Forex broker in Costa Rica varies based on individual needs, but brokers like IC Markets, XM, and AvaTrade are highly recommended due to their robust platforms and regulatory compliance.

Which Forex broker is the safest?

The safest Forex brokers are those regulated by well-known authorities such as SUGEVAL in Costa Rica, or internationally by the FCA, ASIC, or CySEC. Examples include Pepperstone, OANDA, and AvaTrade.

How to choose the best Forex broker?

Choose the best Forex broker by considering factors such as regulatory compliance, trading conditions, platform usability, customer support, and user reviews.

Can I trust Forex brokers in Costa Rica?

You can trust Forex brokers in Costa Rica if they are regulated by reputable authorities like SUGEVAL or other internationally recognized financial regulators.

Do Forex traders need a license in Costa Rica?

Forex traders themselves do not need a license in Costa Rica, but they should trade through brokers that are licensed and regulated.

What are the costs of using an online trading platform in Costa Rica?

Costs include spreads, commissions, deposit/withdrawal fees, and potentially inactivity fees. These vary by broker, so it’s essential to review each broker’s fee structure.

How much money do I need to begin Forex trading?

The amount of money needed to begin Forex trading varies by broker, but many brokers allow you to start with as little as $100. However, it’s advisable to start with more to manage risks effectively.

What bank should I use for Forex trading?

Any reputable bank that supports international transactions can be used for Forex trading. Ensure the bank offers reasonable fees and good customer service.

Are there fake Forex brokers?

Yes, there are fake Forex brokers. Always verify a broker’s regulatory status with the appropriate financial authority to ensure legitimacy.

Which investment platform has the best demo account?

Platforms like MetaTrader 4 and MetaTrader 5, offered by brokers such as RoboForex and XM, are known for their excellent demo accounts, providing realistic trading experiences without financial risk.

Who regulates Forex trading in Costa Rica?

Forex trading in Costa Rica is regulated by the Superintendencia General de Valores (SUGEVAL), which ensures brokers adhere to strict financial standards and practices.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.