CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Estonian Financial Supervision and Resolution Authority

Finantsinspektsioon supervises banks, investment firms and other financial institutions in Estonia..

Our tier
Tier 2
Jurisdiction
EEA
Public register
Open the official register

Finantsinspektsioon supervises banks, investment firms and other financial institutions in Estonia.

What it means for a retail trader

EU-wide retail CFD rules apply, and eligible investors are covered by the Estonian Guarantee Fund within its limits.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a EFSA licence

No brokers in our database match this list yet.