Top CySEC-regulated brokers, ranked by our disclosed methodology. A CySEC licence carries the right to passport services into Lithuania under MiFID II, but passporting works via a per-country notification the firm's home regulator files on its behalf -- it isn't automatic, and which specific products or account types are actually offered can vary by entity and by country even where notification is in place. Treat "CySEC-regulated" as confirmation of the licence, not a guarantee that every broker below is actively onboarding Lithuania retail clients today -- confirm directly with the broker. Brokers we cover whose only licence is offshore (e.g. Seychelles FSA) aren't EU-passportable at all and are left out of this page for that reason -- see our full reviews for those.
Lithuania joined the EU in 2004 and the eurozone in 2015. The Bank of Lithuania handles financial supervision alongside its central-banking role, and has also positioned the country as a notable fintech licensing hub in the Baltics -- though for CFD/forex brokers specifically, CySEC (via Cyprus) remains the far more common EU licence of choice among the firms reviewed here.
No broker in our current dataset is headquartered in Lithuania itself, so the ranking below reflects our overall EU-wide scoring.
Base currency: EUR (eurozone) · Local regulator: Bank of Lithuania · EU member since: 2004
Any broker serving Lithuania retail clients operates under MiFID II, the EU-wide framework covering investment firms, plus the retail-facing product intervention rules ESMA introduced in 2018 (leverage caps, standardized risk warnings, negative balance protection, and a ban on bonus incentives). A CySEC (or other EU member-state) licence is the precondition for legally offering these services anywhere in the EU/EEA, but the firm must also complete a MiFID passporting notification for Lithuania specifically -- it is not automatic just because the firm is licensed somewhere in the EU.
This is the detail most broker-comparison content glosses over: investor compensation for a passported broker (the large majority of brokers on this site, relative to Lithuania) comes from the broker's home-country scheme, not a Lithuania-specific one. For a CySEC-licensed entity, that means Cyprus's Investor Compensation Fund (ICF), covering eligible retail clients up to €20,000 per person if the firm fails -- the same cover regardless of which EU country the client lives in. A UK FCA entity instead carries the UK's FSCS cover, up to £85,000 per person, via a separate licence that doesn't passport from the EU side at all post-Brexit.
No broker in our researched set is confirmed to hold a Lithuania-licensed entity specifically (as opposed to a passported CySEC or other EU entity), so no Lithuania-specific compensation scheme applies to any broker reviewed here -- it's the home regulator's scheme in every case. See our investor compensation schemes page for the general mechanics.
Retail leverage is capped under the same ESMA-derived limits across every EU member state, Lithuania included: 30:1 on major currency pairs, 20:1 on non-major pairs/gold/major indices, 10:1 on other commodities and non-major indices, 5:1 on individual equities, and 2:1 on crypto-asset CFDs. Clients who qualify as "professional" under MiFID II's elective-professional criteria (meeting at least two of: a sufficiently large portfolio, relevant trading frequency/experience, or relevant industry employment) can apply for higher leverage, but lose the retail-specific protections -- including, notably, negative balance protection -- that come with those caps.
Treatment is genuinely unclear and in flux: Lithuania is moving to a progressive personal income tax system from 2026 for most aggregated income, while certain items (e.g. qualifying long-term share gains) stay outside aggregation at a flat 15%. No source specifically addresses how the State Tax Inspectorate (VMI) classifies forex/CFD gains under the new regime -- whether aggregated progressive income or a flat-rate capital gain likely depends on trading frequency and classification as business activity versus occasional investment, which isn't resolved in available sources. Consult a Lithuanian tax adviser or VMI directly, especially given the 2026 transition.
General overview only, not tax advice -- rules change and depend on your personal circumstances (including whether you're classified as trading as a business). Confirm your specific position with a local tax advisor.
Not found as broker-specific. Lithuania has bank-redirect "Bank Link" and newer payment-initiation methods via providers like Paysera, but no source confirms these are used for broker deposits specifically.
The Bank of Lithuania applied the EU-wide ESMA-aligned retail CFD measures around 2019, plus a binary options ban, largely mirroring the EU baseline rather than adding something materially beyond it. One distinct national tool: the Bank of Lithuania maintains a public list (reportedly 300+ entities) of firms offering investment services without authorization -- a consumer-protection blacklist separate from the EU rules.
None of the brokers in our researched set are confirmed to be headquartered in Lithuania, or to hold a Lithuania-licensed entity specifically -- every broker ranked below passports in under its EU licence from elsewhere (typically Cyprus). We don't have comprehensive data on which brokers have filed a branch-level or local-office notification short of full headquarters, so we don't claim one here rather than guess.
Ranked using our disclosed overall broker score (nine weighted categories, led by regulation & client protection and trading costs) -- every broker here holds a CySEC licence capable of being passported into Lithuania, not a confirmed, currently-active local notification for each one (see the nuance above). We don't have independent country-level trading-volume or market-share data, so this reflects broker quality and, where applicable, a confirmed local headquarters -- not measured local popularity. See our comparison tool to compare any two directly, or the leverage guide for what the EU-wide ESMA rules mean for your account.
Is forex/CFD trading legal in Lithuania?
Yes -- trading via an authorized or EU-passported investment firm is legal; the Bank of Lithuania enforces the EU-wide retail protections and separately maintains a public warning list of unauthorized providers, worth checking before funding an account.
Do I need to declare CFD gains to VMI?
Likely yes in some form, but the exact tax treatment (flat rate vs. progressive) isn't settled in available sources, especially given Lithuania's 2026 tax changes -- consult a Lithuanian tax adviser or VMI directly.
Lithuania: Bank of Lithuania (official site) · EU-wide: ESMA · Broker licensing: our CySEC regulation page