Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
EUR/USD Broker Comparison - Bulgaria
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.2 | $0 | — | MT5 MT4 | No | FCA | Open |
| 3.7 | $0 | — | TV MT5 MT4 | Yes | FCA | Open |
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 3.1 | $100 | — | | No | FCA | Open |
| 3.9 | $100 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.8 | $50 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.1 | $0 | — | MT5 MT4 | Yes | CySEC | Open |
| 3.3 | $100 | — | MT5 MT4 | Yes | FCA | Open |
| 3.6 | $200 | — | MT5 MT4 cT | Yes | ASIC | Open |
As a forex trader in Bulgaria, every pip counts — especially when you're scalping EUR/USD with a maximum leverage of 1:500. Your local currency is USD, which means you avoid the double conversion costs that traders in other countries face when funding accounts in USD. Based in UTC+0, you enjoy ideal trading hours: the London session opens at 08:00 local time, and the NY-London overlap runs from 13:00 to 16:30 local — a perfect window for scalping with tight spreads. Popular deposit methods in Bulgaria include Bank Transfer and USDT TRC20, offering fast and low-cost funding. While local regulation falls under international bodies like FCA, ASIC, or CySEC, you can trade safely with verified brokers. For example, a trader in Sofia can start with XM Group, which scores 4.3/5 and offers an all-in EUR/USD spread of just 0.2 pips — making it the top pick for Bulgarian scalpers.
EUR/USD Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 MT4 brokers for EUR/USD in Bulgaria

#1 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4
Pros for Bulgaria
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Bulgaria
Cons for Bulgaria
- No Islamic account
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 IG
FCA,ASIC,MAS,BaFin,DFSA,FSA
TradingViewMT5MT4Islamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Bulgaria
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Bulgaria
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for Bulgaria
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.
P
#5 Plus500
FCA,ASIC,CySEC,MAS,FSP,SFSA
Pros for Bulgaria
+ Low deposit ($100)
+ Available in Bulgaria
Cons for Bulgaria
- No Islamic account
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
credit/debit cards, bank transfers, and electronic wallets like PayPal or Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.
TM
#6 Tio Markets
CySEC,FSC,FSCA
MT5MT4Islamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Bulgaria
Cons for Bulgaria
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECWithdrawals
Bank wire transfer, Debit/credit card, and E-wallets (like Skrill and Neteller)
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#7 Vantage
FCA,ASIC,CIMA,VFSC
TradingViewMT5MT4cTraderIslamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for Bulgaria
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and major e-wallets/cryptocurrencies
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#8 Equiti
CySEC,FCA,JSC,SCB
MT5MT4Islamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Bulgaria
Cons for Bulgaria
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Bank Transfers, Credit/Debit Cards, and E-Wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 Tickmill
FCA,CySEC,FSCA,FSA,LFSA
MT5MT4Islamic account
Pros for Bulgaria
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ Available in Bulgaria
Cons for Bulgaria
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Bank Transfers, Credit/Debit Cards, and E-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.
IM
#10 IC Markets
ASIC,CySEC,FSA,SCB
MT5MT4cTraderIslamic account
Pros for Bulgaria
+ Islamic swap-free account
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
+ Available in Bulgaria
Cons for Bulgaria
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
bank wire transfers, credit/debit cards, and electronic wallets like Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.
What is EUR/USD on MT4?
The EUR/USD spread is the difference between the bid and ask price, measured in pips. For Bulgaria traders, this directly impacts profitability. For example, a 0.1 pip spread on EUR/USD means a cost of $0.10 per 0.01 lot (micro lot). Since you trade in USD, there's no conversion friction — every pip saved stays in your account. Why does spread matter more for Bulgaria traders? Because local trading volumes are moderate and broker options are abundant, but USD conversion costs are zero. ECN spreads (like 0.09 pips from Fusion Markets) are better for scalpers using 1:500 leverage, as fixed spreads (e.g., 1.2 pips from some brokers) eat into tight profits. Consider a real example: a Bulgaria trader making 100 trades per month saves $110 by choosing XM Group (0.2 pips) over a broker with 1.3 pips — that's $1,320 annually. Regulators like CySEC require brokers to disclose spreads clearly, so Bulgaria traders can compare transparently. Always check the all-in cost (spread + commission) to avoid surprises. Bulgaria traders should prioritize low-spread ECN accounts for maximum efficiency.
Best trading times - EUR/USD from Bulgaria
For Bulgaria traders in UTC+0, the best EUR/USD trading times align perfectly with your business hours. The London session opens at 08:00 local — you can start scalping right after breakfast. The NY-London overlap runs from 13:00 to 16:30 local, offering the tightest spreads (as low as 0.09 pips). You don't need to wake up early or stay up late; your overlap window is during the afternoon, ideal for part-time traders. A recommended routine: check charts at 08:00 local when London opens for initial volatility, then focus on the overlap from 13:00 to 16:30 for high-liquidity scalping. Beware of the Asian session (00:00–07:00 local) when spreads widen significantly — avoid trading EUR/USD then. Bulgaria traders should also note that public holidays in the EU (e.g., Christmas, New Year's) may reduce liquidity, and weekends (Saturday–Sunday) see no forex trading. Stick to weekdays during the overlap for best results.
Economic calendar - EUR/USD
Execution & slippage - Bulgaria
Bulgaria enjoys robust internet infrastructure, with average broadband speeds of 150 Mbps and low latency to European servers — ideal for scalping. For Bulgaria traders, we recommend connecting to a London server (located at Equinix LD4) for the lowest ping, typically 30-50 ms. A New York server adds 80-100 ms, which can cause slippage during fast moves. Estimated ping from Bulgaria to a London-based broker server is under 40 ms — excellent for scalping. However, for serious scalpers in Bulgaria, we recommend using a VPS located in London (e.g., from ForexVPS or Beeks) to reduce latency to under 5 ms and eliminate home internet fluctuations. IC Markets and Pepperstone offer the best execution for Bulgaria traders, with order execution under 50 ms and minimal slippage (<0.1 pip). Always test with a demo account first to verify local connection quality. Bulgaria traders must prioritize low-latency setups to capture tight spreads effectively.
Islamic accounts & swap fees - Bulgaria
Bulgaria is a Christian-majority country (approx. 80% Eastern Orthodox), so Islamic accounts are less common but still available for Muslim traders. For Bulgaria traders using standard accounts, the overnight swap fee for EUR/USD is approximately -$0.15 per 0.1 lot at 1:100 leverage — meaning a $1,000 account loses $0.15 daily if holding long positions. To minimize swap costs, close all positions before 17:00 EST (rollover time) to avoid triple swap on Wednesdays. For Muslim Bulgaria traders, XM Group and Exness offer genuine swap-free Islamic accounts with no hidden admin fees — always confirm in writing. Non-Muslim Bulgaria traders can also use these accounts if they prefer, but check broker terms. Remember, swap costs add up over time, so scalpers should close intraday to avoid them entirely.
Related guides for Bulgaria traders
More Bulgaria broker guides
FAQ - Lowest Spread Brokers for Scalping in Bulgaria
Which broker has the lowest EUR/USD spread in Bulgaria in 2026?+
Is EUR/USD trading legal in Bulgaria?+
What is the best time to trade EUR/USD from Bulgaria?+
Do forex brokers offer Islamic accounts for EUR/USD trading in Bulgaria?+
How do I deposit money to a forex broker from Bulgaria?+
What is the maximum leverage for EUR/USD trading in Bulgaria?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.