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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Sri Lanka

Top Sri Lanka trading platforms
Top Sri Lanka Online Brokers 2021

This guide to the top online brokers in Sri Lanka has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the most recent details about finding the top online broker in Sri Lanka.

If you're a new entrant in the realm of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You'll get proficient skills at all the concepts of brokerage as you keep trading. For starters, you need to choose the perfect broker in Sri Lanka who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan is key to your success.

We currently have 21 Online Brokers that we believe are the Professional Brokers in Sri Lanka

Who Are The Reputable Sri Lanka Online Brokers?

This guide has been collated to help you find a reputable Sri Lanka broker. When searching for a good, professional broker in Sri Lanka it can be quite confusing.  Below we show what your broker options are in Sri Lanka and what Sri Lanka brokers can provide you.

A free trial of at least 3 days is a good way to understand the capabilities and professionalism of any Sri Lanka broker. Before making any final decisions, you want to be able test the tradins platform's and software in real-time but with little risk. This allows you to test the software and see how easy it is. A reuptable broker in Sri Lanka should make it as simple as possible for any trader. They shouldn't have to do extensive research nor set up multiple accounts before they let you start trialling their tools.

We currently have 21 Brokers that we believe are the Best Brokers in Sri Lanka

Robinhoodord minnett limitedpro finance serviceThinkMarketsstoxmarkettifia investmentsWealthfrontstate one stockbroking limitedZerodharenesource capitalAyrexmorgans financial limitedVanguard InvestmentsCity Of InvestmentGo MarketsPlus500orbexCommonwealth SecuritiesMarkets.comBDSwissHantec Markets
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Rating6.98/55.05/55.95/58.30/54.30/54.85/54.08/54.95/54.58/56.10/52.47/55.00/54.76/53.93/55.96/57.36/54.55/54.61/55.89/54.41/53.13/5
Minimum Deposit$0$250$250$250$250$250$500$250$0$250$250$250$0$3000$1$100$250$5000$250$500$1000
Year Founded201320132017201020102021200820182010202120162013200820092009200820121999200819941990
HeadquartersUSAAustraliaGenevaAustraliaDubaiUSAUSAAnguillaIndiaUnited StatesCyprusCyprusUnited StatesUnited KingdomAustraliaIsraelCyprusAustraliaCyprusMauritiusUK, Hong Kong
Regulated ByFinancial Conduct Authority (FCA), Financial Supervision Commission (FSC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F292Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F296the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F313Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F324UnregulatedFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F309Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F300Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F280Office of the Comptroller of the CurrencyFinancial Markets Authority (FMA)Australian Securities and Investment Commission (ASIC)Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F291Cyprus Securities and Exchange Commission (CySEC)Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)UnregulatedFinancial Conduct Authority (FCA)
Clients10,000,000+10,000+150,000+500,000+10,000+10,000+10,000+10,000+1,500,000+10,000+10,000+60,000+10,000+10,000+10,000+1,000,000+10,000+10,000+10,000+10,000+10,000+
Risk WarningAll investments involve risks, including the possible loss of capital.Your capital is at riskYour capital is at risk71.89% of retail investor accounts lose money when trading CFDs with this provider.Your capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed deposits76.4% 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.Your capital is at riskYour capital is at risk84% 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.Your capital is at riskLosses can exceed deposits
Withdrawal FeesNoNoYesNoNoNoYesNoNoYesYesNoYesYesYesNoYesNoNoNoNo
Inactivity FeesNoNoYesNoYesNoNoNoNoNoNoNoYesYesNoYesNoNoNoNoNo
Deposit Fees0250250250250250500250025025025003000110025050002505001000
CFD FeesYesNoYesNoNoYesYesNoYesYesNoYesNoYesNoNoNoNoNoYesNo
Accepts Credit CardsNoYesYesYesYesYesYesYesNoYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoYesYesYesYesYesNoYesNoYesNoYesNoNoNoYesYesNoYesNoNo
Accepts SkrillNoYesYesYesYesYesNoYesNoYesNoYesNoNoNoYesYesNoNoNoNo
Accepts PayoneerNoYesYesYesYesYesYesYesNoYesYesYesYesYesYesNoYesYesYesYesYes
Accepts NetellerNoYesYesYesYesYesNoYesNoYesNoYesNoNoNoNoYesNoNoNoNo

Online Share Trading In Sri Lanka

Trading stocks and shares in Sri Lanka is highly controlled and considered quite secure. However, conscious that any investment may go down as well as up, which means that your capital is in danger.

If you're just starting out using online trading then it is advised to have a demo account with a controlled agent so you can learn the strategies without the risk of losing cash.

Live Forex Trading In Sri Lanka

Forex is the greatest liquid financial market in the world using a daily monetary exchange turnover of more than $5 trillion (BIS data April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange involving two different nations and the next management of the resulting position in which one currency gains and the other loses.

It's possible to do Live Forex Trading in Sri Lanka with professional online trading platforms

Live CFD Trading In Sri Lanka

CFD trading is the selling and buying of contracts for difference via an online provider in Sri Lanka. When you trade CFDs you are entering into an agreement to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Sri Lanka

Spread Betting in Sri Lanka is possible using trusted online brokers like XM or FP Markets. It is a simple bet as to whether the price will go up or down.  Normally, the Sri Lanka online trading platforms will display the prices you have.

If you are looking at how to do spread betting in Sri Lanka then it is a good idea to start with a demo account with either XTM or Trading212 so that you can practice with fake currency before risking your own capital.

Trading Forex in Sri Lanka

Internationally, Sri Lanka is considered safe to do online trading and has access to other global financial centers. In Sri Lanka, online brokers are highly regulated, experienced and customer centric. 

However, it is always important to be as informed as possible so here we detail some of the important things any trader should know:

The financial markets in Sri Lanka are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Sri Lanka.

The online trading solutions used by brokers in Sri Lanka are well tested and highly rated & secure.

Whichever Online Trading Solutions in Sri Lanka you decide to use, make sure they have all of the following:

  • Easy to use platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • Better quality charts
  • Able to perform social trading
  • Quick online help or support

Challenges Of Using Online Trading Platforms in Sri Lanka

The US Dollar is considered the base currency around the world so even a small change in the US economic markets could affect the financial markets in Sri Lanka. The EU is also a large economy and changes there may affect the financial markets in Sri Lanka.

Like many countries there are opportunities in Sri Lanka financial markets but overall the outlook is positive. However, like in all global economic markets we recommend that any Online Trading Solutions in Sri Lanka you decide to use, make sure you do your due diligence first before risking your money. We have collated hundreds of datapoints and written this guide to help you find the Best Trading Platforms in Sri Lanka.  We hope that by using this guide you will find a reputable broker that matches your needs.

Frequently Asked Questions About Trading Forex In Sri Lanka

Is Forex Trading Legal In Sri Lanka?

There's a growing misconception that trading Forex in Sri Lanka is deemed unsafe. This isn't the situation, Forex trading in Sri Lanka is very active, regulated and safe.

Trading in Forex is allowed in Sri Lanka as for any business to trade internationally, foreign currency must be exchanged. Any time you purchase something and it is shipped from abroad, there'll be numerous money exchanges by multiple businesses to receive that item to you.

The important issue is that if trading Forex in Sri Lanka you pick one of the best online brokers.

Do Forex Traders Pay Tax In Sri Lanka?

After a trader is successful and their gains achieve a certain level then they may be taxed in Sri Lanka as per the standard taxation rules.

Tax returns should always be registered even if there is a reduction. You should seek advice with a documented accountant in Sri Lanka to ensure you're abiding with current local laws as it is very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Sri Lanka?

Cryptocurrency markets in Sri Lanka are quite new. As Cryptocurrencies operate on decentralised assets in Sri Lanka things like interest rate fluctuations and political instability do not affect them as far as the currency markets.

Cryptocurrencies are more popular with the centuries as well as growing income levels and technologies adoption, trading cryptocurrency in Sri Lanka is increasing day by day. It is still modest in comparison to the Forex markets but around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Sri Lanka?

Commodity trading in Sri Lanka involves trading in things like precious metals, energies and agricultural commodities.

Some commodities such as agricultural are seeing exponential growth inSri Lanka.

Fast growing markets like India have a big demand for many basic raw materials for their inhabitants. It follows that countries like Sri Lanka can benefit from the situation.