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Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
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Stockbrokers2026

Brokers by Country · AD

Stock Brokers in Andorra, 2026

Tracked byUpdated

Andorra is a small principality between France and Spain that uses the EUR under a 2011 monetary agreement with the EU (without being an EU member). The AFA (Andorran Financial Authority) supervises banking, insurance and capital markets; Andorran banks (Andbank, Crèdit Andorrà, MoraBanc, Vall Banc) operate under standards aligned with EU directives. Historically a private-banking centre with strict bank secrecy, Andorra has substantially modernised since 2010s tax-transparency reforms (CRS adoption, AEOI). There is no specific retail forex/CFD framework. Most retail FX activity routes through EU-passported brokers; SEPA dominates funding.

4 / 4 brokers accept Andorra

stock

  1. Editorial top pick

    01Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full RoboForex details →

Country context

Regulator
AFA · Andorran Financial Authority — supervises banking, insurance and capital markets; Andorra is not an EU member but uses the EUR under a 2011 monetary agreement with the EU
Currency
EUR
Payment methods
SEPABank transferVisa
Tax

Personal income tax (IRPF) was introduced in 2015 and is progressive up to 10% (one of the lowest in Europe). Capital gains on financial instruments held under one year are taxed at 10%; held over one year and 25%-or-less ownership are exempt. Foreign brokers do not withhold; income is self-declared via the annual tax return.

Retail trading rules

There are no statutory leverage caps directly for Andorran residents (ESMA caps via the EU's MiFID II do not extend to Andorra given non-EU status); brokers apply their own limits. AFA publishes warnings against unauthorised entities. Many EU/EEA-passported brokers serve Andorran clients under reverse-solicitation arrangements.

Frequently asked

Which brokers accept residents of Andorra?+

4 of 4 brokers in our ranking accept Andorra: Deriv, XM Group, Libertex, RoboForex.

Who regulates brokers for Andorra?+

Primary regulator: AFA — Andorran Financial Authority — supervises banking, insurance and capital markets; Andorra is not an EU member but uses the EUR under a 2011 monetary agreement with the EU.

What payment methods are available?+

Common methods: SEPA, Bank transfer, Visa.

What are the tax rules for trading in Andorra?+

Personal income tax (IRPF) was introduced in 2015 and is progressive up to 10% (one of the lowest in Europe). Capital gains on financial instruments held under one year are taxed at 10%; held over one year and 25%-or-less ownership are exempt. Foreign brokers do not withhold; income is self-declared via the annual tax return.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.