Best brokers and banks for Chile residents — regulated, verified and ranked for 2026.
Chile has its own regulated financial market. The primary stock exchange is the Bolsa de Comercio de Santiago (BCS), home to the IPSA index. Key listed companies include SQM (SQM-B.SN), Banco de Chile (CHILE.SN), Falabella (FALABELLA.SN), Copec (COPEC.SN).
Comisión para el Mercado Financiero (CMF) (www.cmfchile.cl) regulates the securities and investment sector in Chile. All investment platforms listed on WhichBrokr for Chile are either licensed by CMF or operate under an internationally recognised regulatory framework.
Comisión para el Mercado Financiero supervises the banking sector in Chile, ensuring deposit protection up to Up to 200 UF per financial institution / 400 UF system-wide per calendar year (CMF confirmed, ~$8,500 / $17,000 USD at current rates).
Capital gains from the sale of securities are taxed at 0% on capital gains from listed stocks (if purchased on stock exchange) — Chile has 0% CGT on gains from listed stocks purchased on the Santiago Stock Exchange and held by individuals. Dividends subject to income tax. One of LatAm's most investor-friendly regimes.. Dividends are subject to Dividends taxed as income (up to 40% marginal rate for high earners).. Trading losses can be carried forward for up to Indefinite. Chile offers the following tax-advantaged investment structures: APV (Ahorro Previsional Voluntario) (Voluntary pension savings. Tax deduction on contributions (Régimen A) or tax-free growth (Régimen B).).
Bank deposits in Chile are protected up to Up to 200 UF per financial institution / 400 UF system-wide per calendar year (CMF confirmed, ~$8,500 / $17,000 USD at current rates) per depositor per institution.