Best Forex Brokers in Peru for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the best Forex brokers in Peru based on our analysis:
- 1
AvaTrade - Best Forex broker in Peru - A wide selection of financial assets. Innovative trading platforms. Highly rated educational resources. - 2
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. A rich set of educational resources and market analysis. - 3
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
Roboforex - A variety of trading platforms. Over 12,000 trading assets. Different types of trading accounts. - 5
FxPro - Various trading platforms. A diverse range of available markets and products. Multiple analytics tools. - 6
- 7
ActivTrades - Wide range of trading assets. A wide variety of trading platforms. Extensive training materials including webinars, videos, articles and guides. - 8
HF Markets - Regulated by reputable financial authorities. Wide selection of trading assets. A variety of educational materials and analytical reviews. - 9
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 10
FreshForex - Extensive experience (since 2004). Minimum deposit from $25. Wide selection of currencies and cryptocurrencies for accounts.
This carefully curated list is designed to assist you in finding a broker that perfectly complements your trading strategy while prioritizing the safety of your investments. Each broker featured here distinguishes itself with unique offerings, advanced technology, and stringent security protocols, ensuring an outstanding trading experience in Peru's vibrant Forex market.
Comparison of the Best Forex Brokers in Peru
| Broker |  AvaTrade |  Libertex |  FP Markets |
|---|---|---|---|
| Rating | 4.7/5 | 4.7/5 | 4.7/5 |
| Foundation Year | 2005 | 1996 | 2005 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | Saint Vincent and the Grenadines, Belarus, Cyprus, Mauritius | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | SVGFSA SVGFSA НБ РБ НБ РБ CySEC CySEC FSC FSC | ASIC ASIC CySEC CySEC FSCA FSCA SVGFSA SVGFSA SFSA SFSA |
| Minimum Deposit |
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| Trading Accounts |
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| Spread | from 0.6 points | from 0 points | from 0 points |
| Trading Assets (CFDs) |
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| Review | AvaTrade Review | Libertex Review | FP Markets Review |
| Broker Comparison | |||
| RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds | RegisterTrading CFDs carries high risks. You may lose all invested funds |
List of the Best Forex Brokers in Peru for 2025
1. AvaTrade
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
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
2. Libertex
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
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- A rich set of educational resources and market analysis.
- Strong platform lineup: proprietary Libertex and professional MT4/MT5.
- Copy trading and investing in stocks and ETFs are available.
- Instant, fee-free deposits and a wide choice of funding and withdrawal methods.
Cons
- An inactivity fee applies.
- No fixed-spread accounts and no Islamic accounts.
3. FP Markets
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
- 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.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
4. RoboForex
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
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
5. FxPro
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
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
6. Plus500
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
- Diversity of trading assets.
- Intuitive trading platform.
- 24/7 support.
- Built-in analytics.
Cons
- Limited channels for communication with technical support.
- Limited choice of trading accounts.
7. ActivTrades
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
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
8. HF Markets
HF Markets is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets
Pros
- Regulated by reputable financial authorities.
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
9. XM
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
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
10. FreshForex
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
- Extensive experience (since 2004).
- Minimum deposit from $25.
- Wide selection of currencies and cryptocurrencies for accounts.
- Various analytical and educational materials.
Cons
- No licenses from reputable regulators.
- High spreads and commissions on a number of instruments.
- No PAMM accounts or copy trading.
- No online chat or support via messengers.
Regulation of Forex Brokers in Peru
The regulatory framework for Forex and CFD brokers in Peru is robust and comprehensive, ensuring the fairness and transparency of trading activities.
Key Regulatory Bodies in Peru
Superintendencia del Mercado de Valores (SMV): The SMV is the primary regulatory authority responsible for supervising and regulating financial markets, including Forex brokers. It ensures compliance with regulations to maintain the integrity of the financial system and protect investors' interests.
Banco Central de Reserva del Perú (BCRP): As the central bank of Peru, the BCRP is responsible for monetary policy, issuing currency, and regulating the payment system. While it doesn't directly regulate Forex trading, its monetary policies and actions can significantly influence the foreign exchange market.
Superintendencia de Banca, Seguros y AFP (SBS): The SBS oversees banks, insurance companies, and private pension funds, ensuring their proper management and compliance with regulations. It also plays a role in protecting the rights and interests of financial services users.
Defensoría del Pueblo: This public defender's office is dedicated to protecting the rights of all citizens, including consumers of financial services. It provides information, assistance, and resolution of disputes related to financial services.
Verifying Broker Authorization
To confirm a broker's authorization under the SMV, traders can utilize the SMV's online resources. This platform allows investors to verify if a Forex broker is regulated and authorized to operate in Peru. Brokers typically display their regulatory status under the SMV on their websites.
Traders should seek the broker’s name in the SMV’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 Peru
Our approach to identifying the leading Forex trading platforms in Peru was conducted with meticulous care and a comprehensive set of benchmarks:
Comprehensive Research and Analysis: We started by creating a broad list of Forex brokers, ensuring they met our predefined standards. Each broker was meticulously scrutinized through a detailed evaluation methodology to assess their services and operational efficiency impartially.
Regulatory Compliance: We gave priority to brokers regulated by established financial authorities such as the Superintendencia del Mercado de Valores (SMV) and other renowned international regulators like the FCA, ASIC, and CySEC. This ensures the brokers operate with transparency and adhere to strict financial standards.
Trading Conditions and Platforms: Brokers were evaluated 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, favoring those offering popular platforms like MetaTrader 4 and MetaTrader 5, as well as innovative proprietary platforms.
Customer Support and Localization: The quality of customer support was a significant factor, with an emphasis on the availability of support in Spanish and accessible communication channels. Additionally, we considered brokers that provide localized services, such as websites and educational resources in Spanish, to better cater to Peruvian traders.
User Feedback: Authentic feedback from traders who have used these brokers was incorporated to give a comprehensive view of each broker's strengths and weaknesses. This includes aspects like ease of use, customer service experiences, and overall satisfaction.
FAQ
What is the best Forex broker in Peru?
The best Forex broker in Peru depends on your individual trading needs, preferences, and the broker's offerings. Look for brokers with strong regulatory compliance, favorable trading conditions, reliable platforms, and excellent customer support.
Who regulates Forex brokers in Peru?
Forex brokers in Peru are regulated by the Superintendencia del Mercado de Valores (SMV), ensuring they adhere to strict financial standards and practices to protect traders.
How to choose a safe Forex broker in Peru?
To choose a safe Forex broker in Peru, verify their regulatory status with the SMV, review their trading conditions, check for transparent fee structures, and assess the quality of their customer support.
How can I verify if a Forex broker is regulated in Peru?
You can verify if a Forex broker is regulated in Peru by checking the SMV's official website or directly contacting the SMV to confirm the broker's regulatory status.
Is Forex trading legal in Peru?
Yes, Forex trading is legal in Peru. However, it is essential to trade with brokers that are regulated by the SMV to ensure a secure trading environment.
What are the trading conditions in Peru?
Trading conditions in Peru can vary by broker but typically include factors such as spreads, fees, minimum deposit requirements, available leverage, and the range of trading instruments.
What is the best trading platform for Peru traders?
The best trading platform for Peru traders depends on individual preferences. Popular platforms include MetaTrader 4 and MetaTrader 5, known for their user-friendly interfaces and advanced trading features.
What are the common fees and charges of Forex brokers in Peru?
Common fees and charges include spreads, commissions, overnight financing fees (swap rates), and withdrawal fees. It's important to review each broker's fee structure to understand the total cost of trading.
Can I trade other assets with a Forex broker in Peru?
Yes, many Forex brokers in Peru offer trading in other assets such as commodities, indices, stocks, and cryptocurrencies, in addition to Forex.
How do I get started with Forex trading in Peru?
To get started with Forex trading in Peru, choose a regulated broker, open an account, deposit funds, and begin trading. It's advisable to start with a demo account to practice without risking real money.
How much money do I need to start trading Forex in Peru?
The amount of money needed to start trading Forex in Peru varies by broker, but you can typically start with as little as $100. However, it's important to invest an amount you can afford to lose.
What leverage is available for traders in Peru?
Leverage available for traders in Peru varies by broker and can range from 1:30 to 1:500 or higher. It's important to understand the risks associated with leverage before using it in your trades.
Can I trade Forex in Peru using my smartphone?
Yes, most Forex brokers offer mobile trading apps compatible with smartphones, allowing you to trade Forex and other assets on the go.
Do I need to pay taxes on Forex trading in Peru?
Yes, profits from Forex trading are subject to taxes in Peru. It's advisable to consult with a tax professional to understand your tax obligations and ensure compliance with local laws.
What is a Forex demo account?
A Forex demo account is a simulated trading account that allows you to practice trading with virtual funds. It is a useful tool for beginners to learn trading strategies and for experienced traders to test new strategies without risking real money.
