Forex trading is legal in Lebanon, though the market operates in a largely unregulated environment. Lebanese traders are free to engage in foreign exchange trading, and this activity has grown in popularity following the country's economic crisis as citizens seek alternative income sources (1). While there are no specific laws prohibiting forex trading, the regulatory framework remains underdeveloped compared to other financial markets in the region.
The Banque du Liban (BDL), Lebanon's central bank, does not have a dedicated regulatory framework specifically for forex trading, making it an unregulated market within the country (1). However, Lebanon's financial market is regulated by the Banque du Liban (BDL) and the Capital Markets Authority (CMA), which ensure that financial practices meet local and international standards (2). Lebanese traders primarily rely on international brokers that are regulated by reputable foreign authorities rather than locally regulated entities.
"The Banque du Liban (BDL), the Lebanese central bank, regulates the financial market but does not actively police online Forex trading. Therefore, all retail online trading occurs via well-regulated offshore Forex brokers."
Due to Lebanon's ongoing economic challenges and banking crisis, many Lebanese have turned to forex trading as an alternative investment method. The country's banking system has been severely impacted, with banks being largely insolvent and unable to extend credit to the economy, leading to heavy reliance on cash transactions outside the traditional banking system (2). While forex trading remains legal, traders should exercise caution and choose internationally regulated brokers to ensure their investments are protected, as the domestic regulatory oversight for forex activities is minimal.
Source:
https://www.dailyforex.com/forex-brokers/best-forex-brokers/lebanon
https://www.trade.gov/country-commercial-guides/lebanon-trade-financing
Last updated: 31-05-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.