5 Best Forex Brokers in Bulgaria

Edited by: Marlie Rosset

Bulgaria

 

We’ve listed the 5 Best Forex Brokers in Bulgaria that offer secure, transparent, and well-regulated access to the global currency markets. Forex trading in Bulgaria is fully legal, operating under strong European regulatory oversight that enforces strict licensing rules and investor-protection standards. This regulatory environment ensures Bulgarian traders benefit from clear trading conditions, enhanced fund safety, and dependable platform performance.

In addition, traders in Bulgaria can access a broad selection of forex pairs, commodities, indices, stocks, and cryptocurrencies while using platforms known for tight spreads, fast execution speeds, and strong account security.

 

5 Best Forex Brokers in Bulgaria (2026)

 

  1. Libertex – Overall, the Best Forex Broker in Bulgaria.
  2. EightCap – Highly competitive spreads on major forex pairs.
  3. FP Markets – Extremely low spreads for cost-efficient forex trading.
  4. Axi – Strong trader education and market analysis resources.
  5. BlackBull Markets – High-quality VPS solutions for automated traders.

 

10 Best Forex Brokers – Globally

 

 

Pros and Cons of EU-Regulated Forex Brokers in Bulgaria – Immediate Advantages and Disadvantages

 

✓ Pros✕ Cons
Strong consumer protection under 🇧🇬 FSC and 🇨🇾 CySEC licensing.Limited number of fully licensed EU brokers operate directly in Bulgaria.
High transparency and strict oversight under MiFID II rules.Leverage is lower compared to offshore brokers.
Segregated client funds enhance account safety.Fewer bonuses and promotional offers are available.
Regular EU supervision ensures broker accountability.Tight regulations can limit platform flexibility.
Clear dispute-resolution channels for Bulgarian traders.Some instruments may be more limited than with global offshore brokers.

 

1. Libertex

Libertex operates under a regulatory framework, but not all accounts are CySEC-regulated. Bulgarian traders can open accounts, yet some use offshore entities. Traders must confirm which entity governs their account to ensure regulatory protection and reduce potential trading risks.

 

What Makes Libertex
Stand Out in Bulgaria
Important Notes for
Bulgarian Traders
Well-known brand
with long history
Not all accounts are
CySEC-regulated
Offers wide CFDs rangeSome accounts
operate via offshore
entities
Low minimum deposit
€10
Traders must check
which entity applies
MT4, MT5, and
proprietary platform
Regulatory protections
differ per entity
Wide assets: forex,
indices, crypto,
commodities
Offshore accounts carry
higher risk

 

★★
Minimum Deposit: $10
Regulated by: Not Regulated
Crypto: Yes

 

Frequently Asked Questions

 

Is Libertex regulated for Bulgarian clients?

Libertex provides CySEC-regulated accounts via Indication Investments Ltd., but some accounts run offshore. Bulgarian traders should verify which branch their account belongs to, as protections differ between EU-regulated and non-EU accounts. Understanding the entity ensures safer trading.

 

Can someone from Bulgaria open an account with Libertex?

Yes, Bulgarian residents can open accounts. Some accounts use EU-regulated structures, while others operate offshore. Traders must check which entity applies to their account to know the regulatory coverage and protections available before funding or trading.

 

Libertex Overview

 

★★
Minimum Deposit: $10
Regulated by: Not Regulated
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Recognisable brandSome branches are offshore-regulated
CySEC licence availableBulgarian clients may use non-EU entity
Very low minimum depositWeaker protections for offshore accounts
Offers MT4, MT5, and own platformNo compensation fund for offshore accounts
Wide asset varietyLimited clarity on legal entity per user

 

Our Insights

Libertex accepts Bulgarian traders, but many accounts may operate offshore instead of under the CySEC-regulated EU entity. Traders must confirm which legal entity manages their account to ensure proper regulatory coverage and avoid risks associated with weaker offshore oversight.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐⭐
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐☆☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

2. Eightcap

Eightcap holds a strong regulatory footprint, including a CySEC‑licensed EU arm. It openly accepts Bulgarian traders under its EU entity. Still, some clients may trade via higher-leverage offshore entities, so Bulgarians should check which entity they join.

 

FeatureNote for Bulgarian
Traders
EU-regulated branchOperates under CySEC,
offering EU investor
protection
Multiple platform optionsIncludes MT4, MT5,
TradingView
Wide instrument rangeForex, indices,
commodities, shares
CFD
High-leverage option
available
Via offshore entity, but
less regulation applies
Negative balance
protection
Offers this under its EU
arm

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Frequently Asked Questions

 

Is Eightcap regulated for traders in Bulgaria?

Yes. Eightcap EU Ltd, which serves EU clients, including those in Bulgaria, is regulated by CySEC (License No. 246/14). It offers standard EU regulatory protections and investor safeguards, making it a reliable choice for Bulgarian traders who prioritize security and compliance.

 

Can a Bulgarian trader open a high-leverage account with Eightcap?

Yes – but only via its offshore entities. While EU trading (via its CySEC arm) has restricted leverage, other branches offer leverage up to 1:500. Bulgarian traders must verify which legal entity their account belongs to before using high leverage.

 

Eightcap

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong CySEC regulationLimited leverage under CySEC entity
Wide trading platforms (MT4, MT5, TradingView)Offshore branch carries more risk
Broad asset coverageOffshore arms may not offer full EU protection
Negative balance protection for EU clientsBulgarian traders must check which branch they join
Transparency via EU regulatory disclosuresHigher-leverage option requires using less regulated entity

 

Our Insights

Eightcap is fully available to Bulgarian (🇧🇬) traders under its CySEC-regulated EU entity, providing strong regulation and investor protection. However, traders seeking very high leverage may be routed to less-regulated offshore branches. Bulgarians must confirm which legal entity they use before depositing.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

3. FP Markets

FP Markets holds strong global regulation, including a CySEC‑licensed EU branch. It actively accepts traders from Bulgaria. Bulgarian clients generally trade under the EU entity, which provides good regulatory protection, though offshore arms also exist for other account types.

 

What Makes FP
Markets Stand Out in
Bulgaria
Key Notes for Bulgarian
Traders
Strong EU regulationOperates under CySEC
for EU clients
Global reachAlso regulated by
ASIC, FSCA, and other
bodies
Wide platform choiceOffers MT4, MT5,
cTrader, TradingView
Large product selectionForex, CFDs on shares,
commodities, indices,
crypto
Investor protectionEU clients access the
ICF fund up to €20,000

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

Frequently Asked Questions

 

Is FP Markets regulated for Bulgarian residents?

Yes. FP Markets operates under CySEC (Licence No. 371/18) for its European branch, which covers Bulgaria. Its EU entity keeps client funds separate and provides access to the Investor Compensation Fund, ensuring strong protection for Bulgarian traders.

 

Can a trader in Bulgaria open an account with FP Markets?

Yes, Bulgarian traders can open an account with FP Markets. They will likely be onboarded through its CySEC-regulated EU entity, giving them the benefit of EU investor protections and secure trading conditions.

 

FP Markets

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
EU‑regulated under CySECOffshore branches may lack full EU protection
Segregated client fundsHigher‑risk entity if routed offshore
Negative-balance protection for EU clientsLeverage or terms differ by entity
Very broad platform supportEU entity may lack some features of offshore arm
Global regulator footprintBulgarian traders must confirm which branch they join

 

Our Insights

FP Markets is legitimate and fully available to Bulgarian (🇧🇬) traders via its EU‑regulated arm. It offers strong regulatory coverage under CySEC, but Bulgarian traders should ensure they are signing up under that EU entity for maximum protection rather than through an offshore branch.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms, and Tools⭐⭐⭐⭐⭐
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐⭐

 

Best Forex Brokers in Bulgaria – Head to Head

 

BrokerLibertex SmallEightCap SmallFP Markets Small
Minimum Deposit10 USD100 USD100 AUD
SpreadsFrom 0.0 pips
(EUR/USD)
From 0.0 pipsFrom 0.0 pips
LeverageUp to 1:1000Up to 500:1Up to 1:500
Regulation🇿🇦 FSCA
🇲🇺 FSC
🇻🇺 VFSC
🇦🇺 ASIC
🇬🇧 FCA
🇨🇾 CySEC
🇧🇸 SCB
🇦🇺 ASIC
🇨🇾 CySEC
🇿🇦 FSCA
🇸🇨 FSA
🇲🇺 FSC
🇰🇪 CMA
Open an AccountOpen Account
Open AccountOpen Account

 

4. Axi

Axi operates under multiple high-tier regulators, including CySEC via its Solaris EMEA Ltd entity. Bulgarian traders can sign up through its EU-regulated arm, but Axi also maintains offshore branches, so clients in Bulgaria should verify which legal entity they will use.

 

What Makes Axi
Attractive in Bulgaria
Key Note for Bulgarian
Traders
EU-regulated branchOperates under CySEC,
offering MiFID-style
investor protection
Multiple strong
regulators
Also regulated by ASIC
and FCA, depending
on the entity
Negative-balance
protection
Available for EU retail
clients
Segregated client fundsSeparates client
money from company
funds
Global reach and toolsOffers ECN pricing,
MT4, advanced trading
capabilities

 

★★★★
Minimum Deposit: $5
Regulated by: ASIC, FCA, DFSA, VFSC
Crypto: Yes

 

Frequently Asked Questions

 

Is Axi regulated for traders in Bulgaria?

Yes. The EU branch of Axi (Solaris EMEA Ltd) is regulated by CySEC under licence number 433/23. Other entities in its group also hold regulation from ASIC and FCA, depending on the client’s location. Bulgarian traders benefit from strong regulatory protections via the EU entity.

 

Can a trader from Bulgaria open an account with Axi?

Yes. Bulgarian residents can open an account with Axi via its EU-regulated arm. However, Axi also offers accounts through its offshore entity, so Bulgarian traders must confirm which entity they are registering under to understand the exact regulatory coverage and risk.

 

Axi

 

★★★★
Minimum Deposit: $5
Regulated by: ASIC, FCA, DFSA, VFSC
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Strong CySEC-regulated EU entityOffshore entity has weaker regulation
Broad regulatory coverage (CySEC, ASIC, FCA)Bulgarian clients must ensure they sign up with correct entity
Negative-balance protection (EU)Leverage and conditions may differ across entities
Segregated client fundsOffshore arm may not provide EU compensation scheme
ECN-style pricing and advanced toolsSome clients may be routed to non-EU entity for certain offers

 

Our Insights

Axi is legitimately available to Bulgarian (🇧🇬) traders through its CySEC-regulated EU arm, which offers strong regulatory protection. But because it also runs an offshore arm, Bulgarians need to confirm which legal entity they join to understand the exact regulatory coverage and risk.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

5. BlackBull Markets

BlackBull Markets runs under global regulation, but not under any EU regulator. It accepts Bulgarian (🇧🇬) clients via its international entity. That means Bulgarian traders can trade with BlackBull, but they operate under non-EU regulatory protections.

 

What Makes BlackBull
Stand Out in Bulgaria
Key Note for Bulgarian
Traders
Very high leverageOffers up to 1:500
leverage for forex
Large instrument
selection
26,000+ instruments
available
Multiple trading
platforms
Supports MT4, MT5,
cTrader, TradingView
Low-latency executionECN-style execution
under its global entity
Segregated client fundsHolds client funds in
ANZ Bank in
New Zealand

 

★★★★
Minimum Deposit: $0
Regulated by: FMA
Crypto: Yes

 

Frequently Asked Questions

 

Is BlackBull Markets regulated for Bulgarian traders?

Yes – BlackBull Markets is regulated by the FMA (New Zealand) and the FSA (Seychelles). However, it does not carry regulation from major EU authorities like CySEC or the Bulgarian Financial Supervision Commission, so EU-level protections do not apply.

 

Can a Bulgarian resident open an account with BlackBull Markets?

Yes. BlackBull Markets allows Bulgarian traders to register through its global entity. Because its EU-style protections are limited, Bulgarians should understand which regulatory regime applies to their account before funding or trading.

 

Blackbull Markets

 

★★★★
Minimum Deposit: $0
Regulated by: FMA
Crypto: Yes

 

Pros and Cons

 

✓ Pros✕ Cons
Accepts Bulgarian clientsNot regulated by EU bodies like CySEC
High maximum leverageRegulatory protection is weaker compared to EU-regulated brokers
Segregated client fundsNo access to EU compensation or investor fund schemes
Extensive asset varietyOperates under non-EU jurisdiction (NZ, Seychelles)
Advanced trading platformsMay have more counterparty risk for EU clients

 

Our Insights

BlackBull Markets accepts Bulgarian clients, but it does not provide EU-level regulatory protection. Bulgarian traders operate under its New Zealand and Seychelles entities. This setup offers decent global oversight but comes with less investor protection than EU-regulated brokers.

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

Best Forex Brokers in Bulgaria – A Comparison

 

Libertex SmallLong-established brand
with strong European
regulatory oversight.
Open AccountRead Review
EightCap SmallMT4 and MT5 platforms
optimized for Bulgarian
traders.
Open AccountRead Review
FP Markets SmallWide range of CFDs,
including commodities,
indices, and crypto.
Open AccountRead Review
Axi SmallPowerful copy-trading
tools ideal for beginners
in Bulgaria.
Open AccountRead Review
Blackbull SmallHigh-quality VPS
solutions for automated
traders.
Open AccountRead Review

 

Forex Trading in Bulgaria – Quick Overview

Forex trading in Bulgaria is fully legal and operates under a strong European regulatory framework. Traders benefit from the protections of the 🇧🇬 Financial Supervision Commission and additional oversight from EU regulators such as 🇨🇾 CySEC.

As a result, Bulgarian traders benefit from transparent pricing, secure fund management, and fair trading conditions. Access to global forex, commodities, indices, and cryptocurrency markets is widely available through regulated international brokers that offer competitive spreads, fast execution, and modern trading platforms.

 

Forex Trading in Bulgaria - Quick Overview

 

Pros and Cons of Forex Trading in Bulgaria

 

✓ Pros✕ Cons
EU-level regulatory protection.Lower leverage restrictions.
Strong fund security via segregation rules.Fewer promotional bonuses.
Access to global forex and CFD markets.Some asset classes may be limited.
Many brokers offer Bulgarian-friendly platforms.Stricter verification requirements.
Transparent pricing and reliable execution.Limited availability of offshore-style features.

 

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In Conclusion

Forex trading in Bulgaria offers a secure and well-regulated environment backed by EU standards. Traders gain access to diverse markets, competitive trading conditions, and trusted global brokers that support both beginners and experienced traders. While leverage caps and strict compliance rules may limit certain features, the overall environment is built for safety, transparency, and long-term growth.

Faq

Yes. Forex trading is completely legal and regulated under both Bulgarian FSC rules and broader EU financial frameworks.

Yes. Many globally recognized brokers accept Bulgarian traders, provided they meet EU regulatory requirements.

Retail traders generally receive leverage up to 1:30 under EU rules, while professional traders may access higher limits.

Yes. Regulated brokers must segregate client funds and follow strict investor protection standards set by the EU.

Most traders use MT4, MT5, or cTrader, as well as proprietary platforms offered by well-established global brokers.

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