⚡Easily Trade - Google, Amazon or Microsoft Stocks - Open Free Account

      

5 Best Forex Brokers in Slovakia

Best Forex Brokers in Slovakia

 

The 5 Best Forex Brokers in Slovakia – Rated and Reviewed. We have listed the best Forex Brokers accepting traders in Slovakia.

 

In this in-depth guide, you will learn:

 

  • The Best Forex Brokers in Slovakia – a List
  • Is Forex Trading Legal in Slovakia?
  • The Best Brokers for Foreigners and Beginners
  • Top Forex Broker for International Students
  • The Best MetaTrader 4 and 5 Forex Brokers
  • Best Forex Brokers in Europe
  • How to Buy Stocks in Slovakia

 

and much, MUCH more!

 

5 Best Forex Brokers in Slovakia

 

5 Best Forex Brokers in Slovakia – a Comparison

 

🔎 Broker🚀Open an Account🤝 Accepts Slovakian Traders💶 Min. Deposit (EUR)
🥇 Saxo Bank👉 Click Here✅YesNone
🥈 Pepperstone👉 Click Here✅Yes€122,48 EUR
🥉 GO Markets👉 Click Here✅Yes€184,86 EUR
🏅 IC Markets👉 Click Here✅Yes€184,86 EUR
🎖️ CMC Markets👉 Click Here✅YesNone

 

5 Best Forex Brokers in Slovakia (2024)

 

  1. ☑️ Saxo Bank – Overall, the Best Forex Broker in Slovakia
  2. ☑️ Pepperstone – Best Forex Broker for Beginners
  3. ☑️ GO Markets – Best MetaTrader Forex Broker
  4. ☑️ IC Markets – Best Overall Offering
  5. ☑️ CMC Markets – Best Online Trading Experience

 

Saxo Bank Review

 

Saxo Bank

Saxo is a global leader in online trading and investing with access to Forex, CFDs, stocks, commodities, futures, Forex options, listed options, ETFs, bonds, and, mutual funds. Moreover, it is among the highest-regulated entities available in the Forex Market, with 14 Tier-1 Regulations.

Accounts offered are Classic, VIP, and, Platinum. Trading Platforms available include SaxoTraderGO and SaxoTraderPro. Moreover, no minimum deposit is required.

 

🔎 Broker🥇 Saxo
📈 Ease of Use4/5
📉 Support Hours24/5
📊 Trading PlatformsSaxoTraderGO, SaxoTraderPRO
💹 Account TypesClassic, Platinum, VIP
💴 Base Currencies18 currencies
🅰️ SpreadsFrom 0.4 pips
🅱️ Leverage1:30
💸 Currency Pairs185+
💳 Minimum Deposit0 USD
🚫 Inactivity FeeNone
⚙️ Website LanguagesEnglish, Danish, French, etc.
💰 Fees and CommissionsSpreads from 0.4 pips; commissions from $0 on Mutual Funds
🤝 Affiliate Program✅Yes
❌ Banned CountriesUnited States
📈 Scalping✅Yes
📉 Hedging✅Yes
📊 Trading InstrumentsForex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds
🚀Open an Account👉 Click Here

 

Saxo Bank

 

Pros and Cons

 

✅ Pros❌ Cons
Instructional resources High Fees when Compared
Multiple Trading PlatformsFutures and options - complicated cost structures

 

Our Insights

Saxo is available to both beginner and established traders. However, established traders will benefit from the impressive proprietary platforms on offer.

 

Pepperstone

 

Pepperstone

Pepperstone is an award-winning brokerage firm with access to Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Regulations include ASIC, BaFIN, and, CySEC. Accounts offered are Standard and Razor. A minimum deposit of AU$200 is required.

Trading Platforms are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and,  Capitalise.ai. Moreover, Scalping and Hedging are allowed. No inactivity Fee is charged.

 

🔎 Broker🥇 Pepperstone
💴 Minimum DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

 

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include spreads from o Pips and Leverage of up to 1:500 on the Pro account. However, the minimum deposit of AU$200 is high.

 

Go Markets Broker Review

 

GO Markets

GO Markets is a leading global provider of online CFD trading services with access to forex, shares, commodity, and index CFDs. ASIC, FSA Seychelles, FSC Mauritius, and, CySEC regulate it. Accounts offered are Standard and GO+ Plus. Trading Platforms available are MetaTrader 4, MetaTrader 5, and, cTrader. A Minimum deposit of 200 USD is required.

Additional benefits include 9 Base Currencies, including AUD, USD, EUR, and, GBP. Moreover, a leverage of up to 1:500 is offered.

 

🔎 Broker🥇 GO Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
🪙 Currency Pairs50+; minor, major, exotic pairs
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

 

GO Markets Review

 

Pros and Cons

 

✅ Pros❌ Cons
Competitive SpreadsNot FCA Regulated

 

Our Insights

All traders will benefit from trading with GO Markets. However, the minimum deposit of 200 USD is high and trading is not commission free.

 

IC Markets Review

 

IC Markets

IC Markets is a trustworthy, highly regulated Forex Broker with access to competitive trading fees. Trading instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. Accounts offered are cTrader, Raw Spread, and, Standard. Trading Platforms available are MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and,  ZuluTrade.

Additional benefits include around-the-clock customer support, access to over 64 currency pairs, and the availability of Scalping and Hedging.

 

🔎 Broker🥇 IC Markets
💴 Minimum Deposit200 USD
💵 Inactivity FeeNone
📌 Regulation and LicensesASIC, CySEC, FSA, SCB
5️⃣ Ease of Use Rating5/5
🎁 BonusesNone
⏰ Support Hours24/7
🚀 Open an Account👉 Click Here

 

IC Markets

 

Pros and Cons

 

✅Pros❌Cons
Affordable forex and CFD trading costsHigh minimum deposit requirement
Comprehensive education and researchNo investor protection for non-EU customers

 

Our Insights

The benefits of trading with IC Markets include multi-lingual website access and multi-lingual customer support.

 

CMC Markets Review

 

CMC Markets

CMC Markets is a UK-based financial services provider with access to Forex, indices, commodities, crypto CFDs, shares, share baskets, treasuries, and, ETFs. Regulations include BaFin, FCA, and, ASIC. Accounts offered are CFD, Spread Betting, and, Corporate. No minimum deposit is required.

Trading Platforms include MetaTrader 4, Next Generation, and, a proprietary trading app. Additional benefits include 10 Base Currencies and spreads from 0.3 Pips.

 

🔎 Broker🥇 CMC Markets
💴 Minimum Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

 

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

CMC Markets is best suited to established traders as it charges an inactivity fee and trading is not commission free.

 

Forex in Slovakia

 

The National Bank of Slovakia

The supervision of the financial market in Slovakia falls under the regulatory authority of the Národná Banka Slovenska (NBS) or Slovakian Central Bank. Moreover, the National Bank of Slovakia is a Slovak member of the Eurosystem.

 

The National Bank of Slovakia

 

Is Forex Trading Legal in Slovakia?

Forex Trading in Slovakia is legal and highly regulated by the Slovakian Central Bank.

 

Is Forex Trading Legal in Slovakia?

 

In Conclusion

The popularity of Forex Trading in Slovakia has seen a notable rise amongst young professionals, and international students. Moreover, multiple highly regulated international brokers accept Slovakian Traders.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewCySEC, MISA, FSCAUSD 5Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

 

Our Insights

While reviewing the Best Forex Brokers that accept Slovakian Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

You might also like:

 

 

FAQs

Forex Trading in Slovakia is legal and highly regulated by the Slovakian Central Bank.

The supervision of the financial market in Slovakia falls under the regulatory authority of the Národná Banka Slovenska (NBS) or Slovakian Central Bank.

The Euro (EUR) is the official currency in Slovakia

Saxo is available to all traders. However, established traders will benefit from the SaxoTraderGO and SaxoTraderPRO proprietary trading platforms.

Pepperstone offers leverage of up to 1:500 on the Pro and 1:200 on the Retail account.

GO Markets is a trustworthy and highly regulated Forex Broker with a presence in major cities including Hong Kong and Taipei.

IC Markets do not charge an Inactivity Fee.

CMC Markets offers 24/5 Customer Support.