Forex in Sri Lanka

The Central Bank of Sri Lanka allows foreign exchange trading only with FX brokers approved by the Exchange Control department. Traders living abroad are not subject to this regulation.

List of best global Forex brokers

Here you can find a list of global reliable Forex brokers online offering service for traders living abroad, in english or in sinhala (සිංහල Forex).

Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT5 ✓
Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
සිංහල
Platforms MT4 ✓ MT5 ✓
Bonus $30
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:3000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 5 €
ECN
Leverage ≤1:3000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30
Popularity
ECN
සිංහල
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:400
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 200 €
Leverage ≤1:3000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 20 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit 200 €
ECN
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:200
සිංහල
Platforms MT4 ✓
Popularity
Min. Deposit 30 €
ECN (min. deposit) 500 €
Leverage ≤1:3000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN (min. deposit) 2000 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:200
සිංහල
Platforms MT4 ✓
Popularity
ECN
සිංහල
Popularity
Min. Deposit 10 €
ECN (min. deposit) 10 €
Leverage ≤1:2000
සිංහල
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50
Popularity
Min. Deposit 100 €
ECN
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100
Popularity
Min. Deposit 1 €
ECN (min. deposit) 100 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $1
ECN
Leverage ≤1:3000
සිංහල
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓
Popularity
Min. Deposit 25 €
ECN
Leverage ≤1:1000
සිංහල
Popularity
Min. Deposit 10 €
ECN (min. deposit) 500 €
Leverage ≤1:500
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1000 €
ECN (min. deposit) 1000 €
Leverage ≤1:400
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 10 €
ECN
Leverage ≤1:200
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit 100 €
ECN (min. deposit) 100 €
Leverage ≤1:30
සිංහල
Platforms MT4 ✓
Popularity
Min. Deposit 50 €
ECN (min. deposit) 500 €
සිංහල
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓
No Deposit Bonus $30
Popularity
Min. Deposit 1 €
ECN
Leverage ≤1:1000
සිංහල
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $10

Forex trading in Sri Lanka has become increasingly popular in recent years. The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka and is traded on the foreign exchange market along with other major currencies.

Forex trading in Sri Lanka is done through licensed and regulated Forex brokers. These brokers provide traders with access to the foreign exchange market and allow them to buy and sell currencies. They also provide traders with tools and resources to help them make informed trading decisions.

In order to start trading Forex in Sri Lanka, individuals must first open an account with a licensed Forex broker. They will need to provide personal and financial information and go through a verification process. Once the account is open, traders can deposit funds and start trading.

It is important to note that Forex trading is a high-risk investment and traders should only invest money that they can afford to lose. It is also important to educate oneself about the market and to use risk management strategies to minimize potential losses.

Overall, Forex trading in Sri Lanka has the potential to be a profitable investment opportunity, but it is important to approach it with caution and to seek the guidance of a licensed and regulated Forex broker.

What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.