Forex trading is legal in the Czech Republic, but it is strictly regulated by the Czech National Bank (CNB) and governed under the Capital Market Undertakings Act. Only entities licensed as investment firms or bureaux-de-change may offer foreign exchange services to residents and non-residents (1)(2).
Investment firms providing forex trading services must obtain a license under Act No. 256/2004 Coll., the Capital Market Undertakings Act, and comply with MiFID II requirements. These firms are supervised by the CNB, which enforces EU directives and Czech legislation to ensure proper conduct and protect market participants (2).
"Bureau-de-change activity is governed by Act No. 277/2013 Coll., the Foreign Exchange Act. Under this Act, the CNB is authorised to issue a decree stipulating specimen forms for applications for registration for bureau-de-change activity and the content of their annexes." (1)
Retail traders may engage in forex transactions only through CNB-licensed brokers or bureaux-de-change. These entities must adhere to anti-money laundering rules, maintain sufficient capital, and provide transparent information to clients. The CNB regularly publishes registers of authorized firms and actively monitors compliance to safeguard market integrity (1)(2).
Source:
https://www.cnb.cz/en/supervision-financial-market/conduct-of-supervision/status-of-supervision/supervision-of-bureaux-de-change/
https://www.mfcr.cz/assets/attachments/2023-04-13_Act-on-Doing-Business-on-Capital-Market.pdf
Last updated: 04-06-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
