Top Regulated FX & CFD Brokers in Chile for Safe Trading (2025)

Top Regulated FX & CFD Brokers in Chile for Safe Trading

Chile stands as one of Latin America's most stable and economically developed nations, with a sophisticated financial sector and a growing community of retail traders seeking access to global markets. While the Comisión para el Mercado Financiero (CMF) regulates domestic financial services, Chilean traders predominantly access international forex and CFD markets through offshore brokers licensed by tier-one regulators such as the UK's FCA, Cyprus's CySEC, and Australia's ASIC.

This comprehensive guide examines the top 10 regulated brokers serving Chilean traders in 2025, focusing on their regulatory credentials, trading conditions, platform technology, and suitability for Chile's unique market environment. All featured brokers operate under robust regulatory frameworks that ensure client fund protection, transparent pricing, and fair execution standards.

Understanding Regulation for Chilean Traders

Chilean traders benefit from choosing brokers regulated by internationally recognized authorities that enforce strict operational standards. While domestic forex trading regulation in Chile remains limited, the global regulatory landscape provides comprehensive protection for retail traders who select properly licensed offshore brokers.

Key regulatory protections Chilean traders should prioritize include:

• Tier-One Regulatory Licensing: Authorization from the FCA (UK), CySEC (Cyprus), ASIC (Australia), or other top-tier jurisdictions ensures segregated client funds, regular compliance audits, and transparent operational practices.
• Negative Balance Protection: Prevents traders from losing more than their deposited capital, particularly important during periods of extreme market volatility.
• Segregated Client Funds: Client deposits are held in separate accounts from broker operational funds, protecting traders in cases of broker insolvency.
• Compensation Schemes: Access to investor protection funds such as the UK's FSCS (up to £85,000) or Cyprus's ICF (up to €20,000) provides additional security.
• Transparent Pricing and Execution: Clear disclosure of spreads, commissions, overnight financing costs, and order execution policies with no hidden fees.

Tax Considerations for Chilean Traders

Profits from forex and CFD trading in Chile are generally subject to income tax under the country's progressive tax system. Trading gains are typically classified as capital gains and taxed at rates between 0% and 40% depending on total income levels. Chilean traders should maintain detailed trading records and consult with qualified tax professionals to ensure compliance with local tax obligations.

Top 10 Regulated FX & CFD Brokers in Chile

Here is a detailed analysis of the leading regulated brokers serving Chilean traders, evaluating their regulatory standing, trading conditions, platform offerings, and overall suitability.

1. INFINOX

INFINOX Broker Details

Founded in London in 2009, INFINOX is the best regulated CFD broker in Chile, combining award-winning technology with highly competitive trading conditions under the robust oversight of the UK's Financial Conduct Authority. The broker's key advantage lies in its dual account structure: a zero-commission STP account for straightforward trading and a raw-spread ECN account for advanced traders demanding institutional-grade execution.

INFINOX distinguishes itself through its proprietary IX Social platform, an innovative copy trading solution that enables Chilean traders to learn from and replicate the strategies of experienced market participants globally. The platform's intuitive interface makes it accessible for beginners while offering the depth required by professional traders. With comprehensive regulatory protection under FCA oversight, including segregated client funds and negative balance protection, INFINOX provides Chilean traders with a secure and transparent gateway to international markets.

Regulatory Transparency: In January 2025, the FCA issued INFINOX a fine related to historic transaction reporting failures. The matter was resolved promptly, and the broker has since strengthened its reporting systems. INFINOX remains in full compliance with all regulatory obligations and continues to operate with the highest standards of client protection and market integrity.

Key Pros

• Strong FCA regulation providing exceptional client fund protection and operational transparency.
• True zero-commission STP account offering outstanding value for cost-conscious traders.
• Advanced proprietary IX Social platform for copy trading and social trading strategies.
• Cryptocurrency funding options providing flexible deposit and withdrawal methods.

Key Cons

• Professional account access requires meeting stringent eligibility criteria under FCA rules.

2. eToro

eToro Broker Details

eToro has revolutionized online trading by pioneering social trading technology that makes financial markets accessible to millions worldwide. Operating under multi-jurisdictional regulation including CySEC, FCA, and ASIC, eToro offers Chilean traders a unique blend of traditional trading, social investing, and commission-free stock ownership. The platform's core innovation is its CopyTrader feature, which allows users to automatically replicate the portfolios of successful investors in real-time.

Beyond social trading, eToro provides access to over 3,000 instruments including forex, commodities, indices, cryptocurrencies, and real stocks from global exchanges. The platform's intuitive design removes technical barriers, making it particularly appealing to beginner and intermediate traders. With a low $50 minimum deposit and extensive educational resources in Spanish, eToro is an excellent choice for Chilean traders seeking a user-friendly introduction to global markets.

Key Pros

• Multi-jurisdictional regulation including CySEC, FCA, and ASIC ensures robust client protection.
• Industry-leading social trading and CopyTrader functionality for learning from successful traders.
• Commission-free trading on real stocks and a wide selection of cryptocurrencies.
• Highly intuitive platform design ideal for beginners and casual investors.

Key Cons

• Spreads are wider than specialized ECN brokers focused on ultra-low-cost execution.

3. Interactive Brokers LLC

Interactive Brokers LLC Broker Details

Interactive Brokers is one of the world's largest and most respected brokerage firms, offering Chilean traders institutional-grade access to over 150 global markets spanning stocks, options, futures, forex, bonds, and funds. Regulated by top-tier authorities including the SEC, FCA, and ASIC, Interactive Brokers sets the gold standard for professional traders and serious investors who demand comprehensive market access, transparent pricing, and cutting-edge technology.

The broker's legendary Trader Workstation (TWS) platform offers unmatched functionality including advanced order types, comprehensive risk analytics, algorithmic trading capabilities, and real-time portfolio analysis. For Chilean traders seeking to build diversified international portfolios beyond forex and CFDs, Interactive Brokers is unparalleled. The tiered commission structure rewards high-volume traders with some of the industry's lowest per-trade costs, making it highly cost-effective for active trading strategies.

Key Pros

• Exceptional multi-jurisdictional regulation including SEC, FCA, and ASIC.
• Unmatched access to over 150 global markets including stocks, options, futures, and bonds.
• Industry-leading low commissions with transparent tiered pricing structure.
• Professional-grade Trader Workstation platform with institutional-level tools.

Key Cons

• TWS platform has a steep learning curve and may overwhelm novice traders.
• Primarily suited for experienced traders and investors with larger capital bases.

4. Plus500

Plus500 Broker Details

Plus500 is a publicly traded, multi-regulated CFD provider renowned for its streamlined, user-friendly trading platform that strips away complexity without sacrificing functionality. Licensed by top-tier regulators including the FCA, CySEC, ASIC, and MAS, Plus500 offers Chilean traders a secure and transparent trading environment with access to over 2,800 instruments across all major asset classes.

The platform's greatest strength lies in its simplicity and clarity. Plus500's proprietary interface features intuitive navigation, clear pricing displays, and powerful risk management tools including guaranteed stop-loss orders. The platform is optimized for both desktop and mobile trading, ensuring Chilean traders can monitor and manage positions seamlessly across devices. With zero commissions, competitive spreads, and no hidden fees, Plus500 delivers excellent value for traders who prioritize ease of use and regulatory security.

Key Pros

• Multi-jurisdictional regulation including FCA, CySEC, ASIC, and MAS.
• Exceptionally user-friendly proprietary platform ideal for beginners and intermediate traders.
• Zero-commission trading with transparent dynamic spreads across all instruments.
• Guaranteed stop-loss orders available for enhanced risk management.

Key Cons

• Does not offer the MetaTrader platforms preferred by technical analysts and algorithmic traders.

5. XTB

XTB Broker Details

XTB is a top-tier European broker publicly traded on the Warsaw Stock Exchange, offering Chilean traders an exceptional combination of regulatory oversight, innovative technology, and comprehensive market access. Operating under FCA and KNF regulation, XTB's standout feature is its award-winning proprietary xStation 5 platform, celebrated globally for its intuitive design, advanced charting capabilities, and seamlessly integrated market analysis tools.

A key advantage for Chilean investors is XTB's offering of 0% commission on real stocks and ETFs (up to $100,000 monthly turnover), alongside its comprehensive CFD suite. This hybrid model allows traders to build long-term investment portfolios while actively trading CFDs on margin, all within a single account. XTB also provides extensive educational resources including daily market analysis, webinars, and trading courses in Spanish, making it an excellent choice for Chilean traders at all experience levels.

Key Pros

• Strong multi-jurisdictional regulation including FCA and KNF (Polish Financial Supervision Authority).
• Award-winning xStation 5 platform with intuitive interface and advanced analytical tools.
• 0% commission on real stocks and ETFs up to $100,000 monthly trading volume.
• Comprehensive educational resources and market analysis in Spanish.

Key Cons

• Does not offer MetaTrader platforms, which some traders prefer for automated trading strategies.

6. AvaTrade

AvaTrade Broker Details

AvaTrade is a globally recognized broker established in 2006, operating under multiple tier-one regulatory jurisdictions including the Central Bank of Ireland and ASIC. For Chilean traders, AvaTrade offers a comprehensive and secure trading environment with a strong emphasis on education, trader development, and innovative risk management tools. The broker's dedication to regulatory compliance across numerous jurisdictions demonstrates a commitment to maintaining the highest operational standards.

AvaTrade's platform diversity is exceptional, offering MetaTrader 4 and 5 for technical traders, the intuitive AvaTradeGO mobile app for on-the-go trading, and specialized tools like AvaOptions for vanilla options trading. The broker also provides unique features such as AvaProtect, which allows traders to protect open positions against losses for a specified period, and DupliTrade for automated copy trading. These innovative offerings make AvaTrade particularly appealing to Chilean traders seeking both traditional and advanced trading solutions.

Key Pros

• Multi-jurisdictional regulation including Central Bank of Ireland and ASIC ensures robust oversight.
• Exceptional educational resources with webinars, courses, and daily market analysis.
• Innovative risk management tools including AvaProtect for downside protection.
• Wide variety of platforms catering to different trading styles and experience levels.

Key Cons

• Spreads are slightly wider compared to pure ECN brokers focused on ultra-low-cost execution.

7. First Prudential Markets

First Prudential Markets Broker Details

First Prudential Markets is a Malta-based broker operating under MFSA regulation, offering Chilean traders a straightforward and reliable trading environment with a focus on transparency, accessibility, and client service. Established in 2012, the broker has built a solid reputation for dependable execution, responsive multilingual support, and a user-friendly approach that appeals to both novice and intermediate traders.

First Prudential Markets provides a streamlined product offering focused on the most popular forex pairs, major indices, commodities, and cryptocurrencies. The broker's zero-commission trading model and competitive spreads make it a cost-effective choice for Chilean traders who value simplicity over extensive instrument diversity. With flexible leverage options depending on the regulatory entity and a low $50 minimum deposit, First Prudential Markets offers an accessible entry point to international markets for Chilean traders beginning their trading journey.

Key Pros

• MFSA regulation provides strong EU-level oversight and client fund protection.
• User-friendly MetaTrader platforms ideal for traders of all experience levels.
• Zero-commission trading with competitive spreads on major instruments.
• Low $50 minimum deposit makes trading accessible to beginners.

Key Cons

• More limited instrument selection compared to larger multi-asset brokers offering thousands of instruments.

8. Swissquote

Swissquote Broker Details

Swissquote is Switzerland's leading online bank, offering Chilean traders the unique combination of full banking services alongside advanced trading capabilities. Regulated by FINMA, one of the world's most stringent financial authorities, Swissquote provides the highest level of security and regulatory oversight available in the industry. As a publicly traded Swiss bank, client funds benefit from Swiss banking protections, making it an ideal choice for high-net-worth individuals and serious investors prioritizing absolute security.

Beyond forex and CFD trading, Swissquote offers multi-currency accounts, wealth management services, and access to global stock exchanges for direct equity investment. The broker's Advanced Trader platform combines sophisticated analytical tools with seamless execution, while MetaTrader 4 and 5 cater to traders preferring familiar interfaces. Although minimum deposits and trading costs are higher than retail-focused brokers, Swissquote's premium positioning reflects its institutional-grade infrastructure and comprehensive financial services.

Key Pros

• Exceptional FINMA regulation and Swiss banking oversight provides unparalleled security.
• Full banking services including multi-currency accounts and wealth management.
• Access to extensive global markets for both trading and long-term investment.
• Publicly traded company with complete financial transparency.

Key Cons

• Higher minimum deposit and trading costs reflect premium positioning.
• Platform complexity and fee structure favor experienced, well-capitalized traders.

9. FxPro

FxPro Broker Details

FxPro is a highly reputable broker known for its professional trading environment, no-dealing-desk execution model, and commitment to transparency. Operating under multi-jurisdictional regulation including CySEC, FCA, and FSCA, FxPro offers Chilean traders institutional-grade trading conditions with exceptional platform diversity that caters to all trading styles and experience levels.

A key strength of FxPro is its comprehensive platform selection, offering MetaTrader 4 and 5 for automated and technical trading, cTrader for ECN execution with advanced order types, and the proprietary FxPro Edge platform for streamlined trading. This versatility ensures that scalpers, day traders, swing traders, and algorithmic traders can all find their optimal trading environment. FxPro's commitment to negative balance protection, instant execution, and transparent pricing makes it a trusted choice for Chilean traders seeking a professional-grade broker.

Key Pros

• Multi-jurisdictional regulation including CySEC, FCA, and FSCA ensures strong oversight.
• Exceptional platform diversity including MT4, MT5, cTrader, and FxPro Edge.
• No-dealing-desk execution model enhances transparency and reduces conflicts of interest.
• Negative balance protection and segregated client funds for enhanced security.

Key Cons

• Spreads on MetaTrader accounts are wider than on the commission-based cTrader platform.

10. Fusion Markets

Fusion Markets Broker Details

Fusion Markets is an Australian broker that has rapidly gained recognition for delivering institutional-grade trading conditions at highly competitive costs. Regulated by ASIC, one of the world's most respected financial authorities, Fusion Markets offers Chilean traders raw spreads from 0.0 pips with extremely low commissions starting at just $4.50 per round turn lot. This pricing structure makes it one of the most cost-effective brokers for active traders who prioritize minimizing transaction costs.

The broker's trading infrastructure is built for speed and reliability, with ultra-fast execution speeds and access to deep institutional liquidity pools. Fusion Markets supports a comprehensive range of platforms including MetaTrader 4 and 5, cTrader for advanced order types, and DupliTrade for automated copy trading. With no minimum deposit requirement, cryptocurrency funding options, and exceptional customer reviews on Trustpilot, Fusion Markets represents outstanding value for Chilean traders seeking a cost-focused, well-regulated broker.

Key Pros

• Strong ASIC regulation provides robust client protection and operational oversight.
• Ultra-competitive pricing with raw spreads from 0.0 pips and low commissions.
• No minimum deposit requirement makes trading accessible to all capital levels.
• Exceptional Trustpilot rating of 4.8 reflecting outstanding customer satisfaction.

Key Cons

• Instrument selection is more focused compared to brokers offering thousands of markets.

How to Choose the Best Broker for Your Trading Needs

Selecting the right broker is a personal decision that fundamentally shapes a trader's market experience and long-term success. Chilean traders should evaluate brokers based on several core principles that ensure safety, cost-effectiveness, and alignment with individual trading goals.

Prioritize Regulatory Oversight: The foundation of any broker selection is robust regulation. Chilean traders should prioritize brokers licensed by tier-one authorities such as the FCA (UK), ASIC (Australia), CySEC (Cyprus), or SEC (USA). These regulators enforce strict standards including segregated client funds, regular compliance audits, negative balance protection, and access to dispute resolution mechanisms. A broker like INFINOX, operating under FCA oversight, provides Chilean traders with confidence that their funds are protected and that the broker adheres to the highest operational standards globally.

Analyze Total Trading Costs: The true cost of trading extends far beyond advertised spreads. Chilean traders should evaluate the complete fee structure including commissions, overnight swap rates, currency conversion fees, withdrawal charges, and potential inactivity fees. A zero-commission account, such as the INFINOX STP account, offers transparency and simplicity, while raw spread ECN accounts may be more cost-effective for high-volume traders willing to pay a small per-lot commission in exchange for tighter spreads. Always calculate the total cost per trade based on typical position sizes and holding periods.

Match Platform to Trading Style: Different traders require different tools. Technical analysts and algorithmic traders typically prefer MetaTrader platforms for their extensive indicator libraries and Expert Advisor support. Social traders benefit from platforms like eToro's CopyTrader or INFINOX's IX Social for learning from experienced traders. Beginners often appreciate simplified proprietary platforms like Plus500 or XTB's xStation 5 that reduce complexity while maintaining essential functionality. Test platforms through demo accounts to ensure they meet specific requirements before committing capital.

Evaluate Market Access and Instruments: Consider the range of markets and instruments offered. Traders focused exclusively on major forex pairs can thrive with specialized forex brokers, while those seeking portfolio diversification need access to indices, commodities, stocks, and potentially cryptocurrencies. Chilean traders interested in building long-term investment portfolios should consider brokers like XTB or Interactive Brokers that offer commission-free real stock trading alongside CFDs, enabling both short-term trading and long-term investing within a single account.

Ultimately, the best broker for a Chilean trader is one that aligns with their individual journey, risk tolerance, and financial objectives. By offering competitive costs, innovative technology, comprehensive regulatory protection, and versatile trading solutions, INFINOX positions itself as a trusted partner for Chilean traders seeking reliable access to global financial markets.

Broker Comparison Table (2025)