Forex brokers in Bulgaria
Here you can find a list of the best global Forex brokers online accepting traders in Bulgaria for Forex trading.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| # | Broker | EU risk warning | Popularity | Min. Deposit |
ECN (min. deposit) |
MT4 | MT5 | Български | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 77% of retail CFD accounts lose money |
|
n/a | ✓ | ✓ | ✓ | > Visit → | ||
|
FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards. |
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| 2 | 79% of retail CFD accounts lose money |
|
200 BGN | ✓ | > Visit → | ||||
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| 3 | 75% of retail CFD accounts lose money |
|
100 € | 100 € | ✓ | ✓ | > Visit → | ||
|
Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders. |
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| 4 | 75.99% of retail CFD accounts lose money |
|
5 € | ✓ | ✓ | > Visit → | |||
|
XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. |
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| 5 | 71% of retail CFD accounts lose money |
|
10 € | ✓ | ✓ | ✓ | > Visit → | ||
|
ActivTrades is an established broker known for its robust technological infrastructure and proprietary trading platform. It emphasizes fast execution speeds and offers smart order modules for advanced strategies. The broker maintains competitive spreads and transparent fee structures, creating a suitable environment for automated trading and experienced market participants. |
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| 6 | 66% of retail CFD accounts lose money |
|
100 € | ✓ | ✓ | > Visit → | |||
|
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience. |
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| 7 | 76% of retail CFD accounts lose money |
|
n/a | ✓ | > Visit → | ||||
|
XTB is a stock exchange-listed broker, offering its proprietary xStation 5 platform. It provides access to real Stocks and ETFs alongside CFDs. Key features include market analysis tools and a clean platform interface. Suitable for traders who prefer a proprietary platform and value market research. |
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| 8 | 72.2% of retail CFD accounts lose money |
|
10 € | 10 € | ✓ | ✓ | > Visit → | ||
|
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders. |
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| 9 | 72% of retail CFD accounts lose money |
|
2 BGN | ✓ | ✓ | ✓ | > Visit → | ||
|
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis. |
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| 10 | 72% of retail CFD accounts lose money |
|
n/a | > Visit → | |||||
|
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability. |
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FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards.
77% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| Български | ✓ |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders.
75% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| Български | |
| Platforms | MT4 ✓ MT5 ✓ |
XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
75.99% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| ECN | |
| Български | |
| Platforms | MT4 ✓ MT5 ✓ |
ActivTrades is an established broker known for its robust technological infrastructure and proprietary trading platform. It emphasizes fast execution speeds and offers smart order modules for advanced strategies. The broker maintains competitive spreads and transparent fee structures, creating a suitable environment for automated trading and experienced market participants.
71% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN | |
| Български | ✓ |
| Platforms | MT4 ✓ MT5 ✓ |
AvaTrade is a globally present broker known for its fixed spreads and risk management tools. It offers a suite of proprietary platforms for web and mobile. Key strengths are its educational academy, stable trading environment, and specialized options trading solutions. Suitable for traders who prioritize a structured and user-friendly experience.
66% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN | |
| Български | |
| Platforms | MT4 ✓ MT5 ✓ |
XTB is a stock exchange-listed broker, offering its proprietary xStation 5 platform. It provides access to real Stocks and ETFs alongside CFDs. Key features include market analysis tools and a clean platform interface. Suitable for traders who prefer a proprietary platform and value market research.
76% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| Български | |
| Platforms | MT4 ✓ |
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders.
72.2% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 10 € |
| Български | |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
Admirals is a global financial hub offering a vast selection of instruments, including Stocks, ETFs, Forex, and CFDs. It provides advanced analysis tools and a comprehensive educational section. Key features include a wide range of analytical resources, competitive spreads, and a diverse portfolio of tradable assets. It is a solid choice for traders looking for market depth and analysis.
72% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 2 BGN |
| ECN | |
| Български | ✓ |
| Platforms | MT4 ✓ MT5 ✓ |
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability.
72% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| Български |
Forex trading in Bulgaria is regulated by the Financial Supervision Commission (FSC). This regulatory body is responsible for overseeing the operations of financial institutions, including forex brokers, in Bulgaria.
To trade forex in Bulgaria, traders must choose a broker that is licensed by the FSC. The FSC has strict rules and regulations in place to ensure that brokers provide a safe and secure trading environment for their clients.
In addition to being regulated by the FSC, Bulgarian forex brokers are also required to be members of the Investor Compensation Fund (ICF). This fund provides financial protection for traders in the event that their broker goes bankrupt or becomes insolvent.
Bulgarian forex traders can choose from a wide range of currency pairs to trade, including major, minor, and exotic pairs. They can also choose from a variety of trading platforms, including MetaTrader 4 and 5, as well as cTrader.
Overall, trading forex in Bulgaria is a safe and secure option for traders, thanks to the regulation and oversight provided by the FSC and ICF.
What is Forex?
Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.
Forex trading
Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.
What is a broker?
Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.
