Interactive Brokers in Chile: Is it Available and Legit?
As of November 2026, Interactive Brokers is available to traders and investors in Chile. This accessibility confirms the broker's authorization to operate within Chile and its compliance with the necessary regulatory requirements.
Essential details of Interactive Brokers services in Chile
Interactive Brokers is accessible to traders and investors in Chile. Key highlights include:
- Chile residents can open an account with Interactive Brokers
- Interactive Brokers has earned an overall rating of 7.02/10 points according to our methodology.
- Interactive Brokers received 10/10 points for regulation and safety.
- For more detailed information, see our comprehensive Interactive Brokers review.
Is Interactive Brokers a regulated broker? Is it safe?
Interactive Brokers is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name Australian Securities and Investments Commission | Country Australia | Protection Fund No specific fund but has stringent consumer protection | Regulation level Tier-1 |
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Full Name Central Bank of Ireland | Country Ireland | Protection Fund Up to €20,000 | Regulation level Tier-1 |
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Full Name Commodity Futures Trading Commission | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name Investment Industry Regulatory Organization of Canada | Country Canada | Protection Fund CAD 1,000,000 | Regulation level Tier-1 |
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Full Name Dubai Financial Services Authority | Country Dubai | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
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Full Name Financial Industry Regulatory Authority | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name Monetary Authority of Singapore | Country Singapore | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name National Futures Association | Country United States | Protection Fund No specific fund | Regulation level Tier-1 |
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Full Name Securities and Exchange Board of India | Country India | Protection Fund No specific fund | Regulation level Tier-2 |
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Full Name Securities and Exchange Commission | Country United States | Protection Fund Up to $500,000 for SIPA members | Regulation level Tier-1 |
Is Interactive Brokers safe to use in Chile?
A broker’s security is largely defined by its regulatory status. Interactive Brokers is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, Interactive Brokers received a Regulation and safety score of 10/10, placing it among the most secure brokers.
Is Forex trading allowed in Chile? Is Forex taxable in Chile?
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Forex regulation in Chile
Chile's financial oversight body is the Central Bank of Chile (CBC), responsible for authorizing foreign exchange brokers and ensuring their compliance with regulatory frameworks and statutes.
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Investor protection
Chile operates under the regulations outlined in the Securities Market Law, which governs the trading of securities, including foreign exchange. Additionally, Chile adheres to international standards such as the Basel III Accord, ensuring oversight of brokers within the Latin American region.
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Taxation
Foreign exchange trading in Chile is subject to income taxation. The tax regime is progressive, starting at 10% for annual incomes below a certain threshold and increasing to 20% for higher income levels.
Interactive Brokers vs other regulated brokers in Chile
To provide a clear understanding of available options for traders in Chile, Traders Union compared Interactive Brokers trading conditions with those of other regulated brokers accepting clients in the region.
| Interactive Brokers | IUX | XM | ||
|---|---|---|---|---|
| Regulation | SEC, FINRA, SIPC, FCA, NSE, BSE, SEBI, SEHK, HKFE, IIROC, ASIC, CFTC, NFA | FSC, FSCA, ASIC, FSA SVG | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $0 | $50 | $5 | |
| Currency pairs | 100 | 34 | 57 | |
| Floating spread EUR/USD, min pips | 0.2 | 0.6 | 0.7 | |
| Floating spread EUR/USD, max pips | 0.8 | 0.8 | 1.2 | |
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.