Is Forex Legal in Tajikistan?

Forex trading is legal in Tajikistan, with all trading services regulated by the National Bank of Tajikistan (NBT). The country allows both individual and institutional participation in foreign exchange markets, though strict regulatory oversight ensures compliance with national financial policies (1). The NBT serves as the primary regulatory authority overseeing all forex-related activities within the country's financial system.

The Tajik government implements comprehensive regulations to control foreign currency exchange operations and capital movements. Under current currency legislation, companies must notify the National Bank of Tajikistan when conducting foreign exchange transactions involving outbound capital flows (2). Only licensed banks have official permission from the NBT to conduct currency exchange operations, as unauthorized currency exchange points have been prohibited since 2015.

"The government does implement regulations to restrict foreign currency exchange, and capital outflows."

Forex traders in Tajikistan are subject to a capital gains tax rate of 21% on their trading profits, contributing to the country's fiscal revenue. The regulatory framework ensures that forex brokers operating in Tajikistan maintain segregated client accounts, comply with minimum capital requirements, and undergo regular audits to provide a secure trading environment for investors.

Source:
https://invezz.com/stocks/best-trading-platforms/tajikistan/
https://www.state.gov/reports/2024-investment-climate-statements/tajikistan/

Last updated: 31-05-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.