5 Best Forex Brokers in Slovakia

 

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

 

In this in-depth guide, you will learn:

 

• The Best Forex Brokers in Slovakia – a List
• The Best Forex Brokers for Beginners
• Is Forex Trading legal in Slovakia?
• Leading MT4/MT5 Forex Brokers

 

and much, MUCH more!

 

🔎 Broker	🚀Open an Account	🤝 Accepts Local Traders	💶 Min. Deposit
🥇 Pepperstone	👉 Open Account	✅Yes	10 USD
🥈 Saxo Bank	👉 Open Account	✅Yes	None
🥉 IG	👉 Open Account	✅Yes	None
🏅 CMC Markets	👉 Open Account	✅Yes	None
🎖️ IC Markets	👉 Open Account	✅Yes	200 USD

 

5 Best Forex Brokers in Slovakia (2025)

 

1. ☑️ Pepperstone – Overall, the Best Forex Broker in Slovakia
2. ☑️ Saxo Bank – Highly Regulated Forex Broker
3. ☑️ IG – The Best Forex Broker for Active Traders
4. ☑️ CMC Markets – Popular Broker for Beginners
5. ☑️ IC Markets – Best Online Trading Experience

 

 

1. Pepperstone

Regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, Pepperstone ensures a high level of security for its clients. Funds are held in segregated accounts, offering peace of mind for traders regarding the safety of their investments.

 

🔎 Broker	🥇 Pepperstone
📌 Year Founded	2010
👤 Amount of Staff	300+
👥 Active Traders	300,000+
📍 Publicly Traded	None
🛡️ Regulation	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
🌎 Country of Regulation	UK, Australia, Cyprus
⭐ Safety and Security	High
🔃 Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
📊 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	✅Yes
💶 Minimum Deposit	AU$10
⏰ Average Deposit/Withdrawal Processing Time	Depends on method
💵 Fund Withdrawal Fee	None
⭐ Spreads From	0.0 pips
💷 Commissions	✅Yes
🔢 Base Currencies	AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD
💳 Swap Fees	✅Yes
⏩ Leverage	1:500 (Pro), 1:200 (Retail) (Retail Leverage is license-specific and can be as low as 1:30)
▶️ Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
📈 Order Execution Time	Under 30ms
📉 VPS Hosting	✅Yes
📊 CFDs Total	1200+
💹 CFD Stock Indices	14+
🍎 CFD Commodities	20+
💱 CFD Shares	900+
🅰️ Deposit Options	Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi
🅱️ Withdrawal Options	Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi
🖱️ Trading Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView Proprietary Pepperstone Platform
💻 OS Compatibility	Windows, macOS, iOS, Android, Web-based
⚙️ Forex Trading Tools	Advanced charting, Autochartist, TradingView integration, Market Analysis
🩷 Customer Support	Multiple Channels
🥰 Live Chat Availability	24/5
💌 Support Email Address	support@pepperstone.com
☎️ Support Contact Number	+254 2038 93547/8/9
💙 Social Media Platforms	Facebook, Twitter, LinkedIn, Instagram
↪️ Languages Supported	20+
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Articles, Videos, Trading Guides, eBooks
🤝 Affiliate Program	✅Yes
📑 Amount of Partners	Thousands globally
🗃️ IB Program	✅Yes
🗄️ Sponsors Notable Events or Teams	✅Yes
📇 Rebate Program	✅Yes
⭐ Cent or Micro Accounts	None
🚀Open an Account	👉 Click Here

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Responsive and friendly customer service	Costs of holding positions overnight can be significant
No inactivity fee	International bank transfers have a $20 fee
Educational Resources and Research Tools	The variety of platforms can be overwhelming for Beginners
Quick and easy account setup	No US Clients

 

Frequently Asked Questions

 

Is Pepperstone a regulated broker?

Pepperstone is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK.

 

What trading platforms does Pepperstone offer?

Pepperstone offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, catering to different trading preferences.

 

What customer support options are available?

Pepperstone offers 24/5 customer support via live chat, email, and phone.

 

Is there a withdrawal fee?

Pepperstone does not charge withdrawal fees, but some payment providers may have their fees.

 

 

Our Verdict

The robust regulatory framework under which Pepperstone operates assures traders that their funds are secure and the broker adheres to strict industry standards, fostering trust and reliability.

 

 

2. Saxo Bank

Saxo Bank stands out with its comprehensive research offerings and educational resources. Traders benefit from in-depth market analysis, daily insights, and a wide range of webinars and courses designed to enhance trading knowledge and skills.

 

🔎 Broker	🥇 Saxo Bank
📌 Year Founded	1992
👤 Amount of staff	Approximately 2,000
👥 Amount of active traders	Over 800,000
📍 Publicly Traded	✅Yes
⭐ Regulation and Security	Very High
🛡️ Regulation	FSA FCA
📈 Account Segregation	✅Yes
📉 Negative balance protection	✅Yes
📊 Investor Protection Schemes	✅Yes
💹 Account Types and Features	SaxoTraderGO, SaxoTraderPRO
🅰️ Institutional Accounts	Available
🅱️ Managed Accounts	Available
💴 Minor account currencies	✅Yes
💶 Minimum Deposit	Varies by account type and region
⏰ Avg. deposit processing time	Typically 1-2 business days
⏱️ Avg. Withdrawal processing time	Typically 1-2 business days
💵 Fund Withdrawal Fee	No standard fee, may vary depending on method
💷 Spreads from	0.4 pips (varies by instrument and market conditions)
💳 Commissions	Variable, depending on account type and trading volume
💸 Number of base currencies	Over 40
💲 Swap Fees	Varies depending on account type and instrument
▶️ Leverage	Up to 1:200 (varies by asset class and jurisdiction)
⏹️ Margin requirements	Varies by asset class
☪️ Islamic account	Available
🆓 Demo Account	✅Yes
⌚ Order Execution Time	Typically milliseconds to seconds
🖥️ VPS Hosting	Available
📊 CFDs Total Offered	Thousands
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📈 CFD Shares	✅Yes
💴 Deposit Options	Bank transfer, credit/debit cards, e-wallets
💶 Withdrawal Options	Bank transfer, credit/debit cards, e-wallets
💻 Trading Platforms	SaxoTraderGO, SaxoTraderPRO
🖱️ OS Compatibility	Windows, macOS, iOS, Android
⚙️ Forex trading tools	Advanced charting, research tools, trading signals
🥰 Customer Support	Very Responsive
🗯️ Live chat	✅Yes
💌 Support Email	Varies by Region
☎️ Support Contact	Varies by Region
🐦 Social media	Facebook, Twitter, LinkedIn
🔖 Languages	Multiple languages including English, Danish, German, etc.
🏷️ Forex course	✅Yes
✏️ Webinars	✅Yes
📔 Educational Resources	Yes (includes articles, videos, and courses)
🫰🏻 Affiliate program	✅Yes
🫶 Amount of partners	Numerous
🤝 IB Program	✅Yes
🌟 Sponsor notable events/teams	Various
💰 Rebate program	✅Yes
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
♒ Suited to Active Traders	✅Yes
💡 Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Open Account

 

 

Pros and Cons

 

✅ Pros	❌ Cons
High Regulation and Security	Limited Regulation in Some Regions
Wide Range of Trading Instruments	Higher Spreads on Certain Accounts
User-Friendly Trading Platforms	No U.S. Clients
Great Educational Resources	Limited Research Tools
Multiple Account Types	Slower response times

 

Frequently Asked Questions

 

Is Saxo Bank a regulated broker?

Saxo Bank is regulated by the Danish Financial Supervisory Authority (FSA) and operates under multiple international regulatory frameworks.

 

What trading platforms does Saxo Bank offer?

Saxo Bank offers SaxoTraderGO and SaxoTraderPRO, both providing advanced trading tools and analytics.

 

Are there commissions on trades?

Saxo Bank charges commissions that vary based on the asset class and account type, with competitive rates for higher-tier accounts.

 

What educational resources are available?

Saxo Bank provides extensive educational materials, including webinars, trading guides, and market analysis to help traders improve their skills.

 

 

Our Verdict

Saxo Bank’s commitment to research and education empowers traders with the knowledge and insights needed for informed decision-making, enhancing their overall trading performance.

 

 

3. IG

IG Group is regulated by several authoritative bodies, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). This ensures a high level of security for client funds, with strict compliance with industry standards and the segregation of client accounts.

 

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Pros and Cons

 

✅ Pros	❌ Cons
Highly Regulated	Higher Spreads
Wide Range of Trading Instruments	Inactivity Fees
User-Friendly Platforms	Limited Account Types
Educational Resources	Complex Fee Structure
Advanced Trading Tools	No Cent or Micro Accounts
Multiple Deposit and Withdrawal Options	Withdrawal Fees on Certain Methods

 

Frequently Asked Questions

 

Is IG Group a regulated broker?

IG Group is regulated by multiple authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).

 

Does IG Group offer a demo account?

IG Group offers a demo account that allows users to practice trading strategies without risking real money.

 

What educational resources are available?

IG Group offers a variety of educational resources, including webinars, trading guides, and market analysis to help traders improve their skills.

 

What leverage does IG Group offer?

IG Group offers leverage of up to 1:30 for retail clients, although this can vary based on the asset class and regulatory requirements.

 

 

Our Verdict

IG Group’s emphasis on educational resources and support empowers traders to improve their trading skills, ultimately contributing to their success in the markets.

 

 

4. CMC Markets

CMC Markets is regulated by top-tier authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). This ensures a high level of security for client funds and adherence to strict regulatory standards.

 

🔎 Broker	🥇 CMC Markets
📌 Year Founded	1989
👤 Amount of staff	800+
👥 Amount of active traders	60,000+
📍 Publicly Traded	✅Yes
🛡️ Regulation	FCA, IIROC, ASIC, FMA, MAS
🌎 Country of regulation	UK, Australia, Singapore, Canada
🔁 Account Segregation	✅Yes
✔️ Negative balance protection	✅Yes
⭐ Investor Protection Schemes	FSCS (UK) CIPF (Canada)
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
🪙 Minor account currencies	USD, EUR, GBP, AUD
💰 Minimum Deposit	None
⏰ Average deposit/withdrawal processing time	Variable
💴 Fund Withdrawal Fee	No fees
🔖 Spreads from	0.7 pips on Forex
💶 Commissions	No commission on Forex and most CFDs
🏷️ Number of base currencies supported	10+
💵 Swap Fees	✅Yes
↪️ Leverage	Up to 1:500
⏩ Margin requirements	Varies by asset and region
☪️ Islamic account	✅Yes
🆓 Demo Account	✅Yes
⌛ Order Execution Time	0.1 seconds
🖥️ VPS Hosting	✅Yes
📈 CFDs Total	10,000+
📉 CFD Stock Indices	100+
🍎 CFD Commodities	20+
📊 CFD Shares	9,000+
💹 Deposit Options	Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller
💱 Withdrawal Options	Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller
💻 Trading Platforms	MetaTrader 4, MetaTrader 5, Next Generation, WebTrader
🖱️ OS Compatibility	Windows, macOS, Android, iOS
⚙️ Forex trading tools	Advanced charting, economic calendar, technical analysis tools, automated trading options
🥰 Live chat availability	✅Yes
💌 Customer Support Email address	✅Yes
☎️ Customer Support Contact Number	✅Yes
💙 Social media Platforms	Facebook, Twitter, LinkedIn, YouTube
⭐ Languages supported on Website	English, Spanish, German, French, Italian, Chinese, Japanese
✏️ Forex course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Video tutorials, articles, eBooks
📒 Partnerships and Programs	✅Yes
📑 Affiliate program	✅Yes
🗃️ Amount of partners	Over 500
🗄️ IB Program	✅Yes
📇 Sponsor any notable events or teams	None
🚩 Rebate program	✅Yes
💴 Cent or Micro Accounts	None
🚀Open an Account	👉 Click Here

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Wide Range of Deposit Options	Potential Withdrawal Fees
Fast Withdrawal Processing	Currency Conversion Costs
No Deposit Fees	Limited Cryptocurrency Support
Regulated Broker	Minimum Withdrawal Amount may Apply
Comprehensive Trading Platforms	Limited educational resources when compared

 

Frequently Asked Questions

 

Is CMC Markets a regulated broker?

CMC Markets is regulated by several authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).

 

What assets can I trade with CMC Markets?

CMC Markets offers access to over 10,000 trading instruments, including Forex, stocks, commodities, indices, and cryptocurrencies.

 

Does CMC Markets offer a demo account?

CMC Markets provides a demo account that allows users to practice trading with virtual funds.

 

What leverage does CMC Markets offer?

CMC Markets offers leverage of up to 1:30 for retail clients, depending on the asset class and regulatory guidelines.

 

 

Our Verdict

CMC Markets’ dedication to providing educational resources equips traders with the knowledge and skills needed to navigate the markets successfully, enhancing their overall trading experience.

 

 

5. IC Markets

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). This regulatory oversight ensures client funds are safeguarded in segregated accounts and that the broker adheres to strict compliance standards.

 

🔎 Broker	🥇 IC Markets
📌 Year Founded	2007
👤 Amount of Active Traders	Over 1 million
📍 Publicly Traded	None
🛡️ Regulation	FSA (Seychelles)
🌎 Country of Regulation	Seychelles
🔃 Account Segregation	✅Yes
🚨 Negative Balance Protection	✅Yes
🧾 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	Major and Minor
💶 Minimum Deposit	200 USD
⚡ Average Deposit/Withdrawal Processing Time	Typically 1-2 business days
💵 Fund Withdrawal Fee	Generally no fee
🔖 Spreads From	From 0.0 pips
💷 Commissions	Variable
🪙 Number of Base Currencies Supported	10+
💳 Swap Fees	✅Yes
🏷️ Leverage	Up to 1:500
🖇️ Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
🖥️ Order Execution Time	Milliseconds
💻 VPS Hosting	✅Yes
📈 CFDs Total Offered	Extensive Range
📉 CFD Stock Indices	Major global indices
🍎 CFD Commodities	Oil, gold, etc.
📊 CFD Shares	Major global stocks
💴 Deposit Options	Bank transfer, credit/debit, e-wallets
💶 Withdrawal Options	Bank transfer, credit/debit, e-wallets
🖥️ Trading Platforms	MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
💻 OS Compatibility	Windows, macOS, iOS, Android
🖱️ Forex Trading Tools	Advanced charting tools, etc.
🥰 Live Chat Availability	✅Yes
☎️ Customer Support Contact Number	Varies by region
💙 Social Media Platforms	Twitter, Facebook, LinkedIn, Instagram
😎 Languages Supported	Multiple Languages
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	✅Yes
🤝 Affiliate Program	✅Yes
🫶 Amount of Partners	Numerous global partners
🫰🏻 IB Program	✅Yes
↪️ Do They Sponsor Any Notable Events or Teams	✅Yes
⭐ Rebate Program	✅Yes
🚀Open an Account	👉 Click Here

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Low forex fees	Limited product selection
Fast account opening	Slow live chat support
Tight Spreads	Withdrawal Processing Times
Multiple Trading Platforms	Commission on Raw Spread Accounts
Low Commissions	Limited Educational Resources
Flexible Funding Options	Swap Rates

 

Frequently Asked Questions

 

Is IC Markets a regulated broker?

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

 

What assets can I trade with IC Markets?

IC Markets provides access to over 60 Forex pairs, commodities, indices, stocks, and cryptocurrencies.

 

What educational resources are available?

IC Markets provides various educational materials, including webinars, trading guides, and market analysis.

 

What customer support options does IC Markets provide?

IC Markets offers customer support via live chat, email, and phone, available 24/7.

 

 

Our Verdict

IC Markets’ strong regulatory framework and commitment to client fund security provide traders with peace of mind, allowing them to focus on their trading strategies confidently.

 

 

Is Forex Trading Legal in Slovakia?

Forex trading is legal in Slovakia. However, traders should ensure that they comply with regulations set by the European Union and local authorities. Many brokers operating in Slovakia are regulated by the European Securities and Markets Authority (ESMA), which provides a level of protection for traders. It’s important to choose a reputable broker and understand the risks involved in trading Forex.

 

 

In Conclusion

Forex trading is legal in Slovakia, provided that traders comply with relevant EU regulations and choose regulated brokers. Always prioritize due diligence and understand the risks involved before trading.

 

You might also like:

 

• Pepperstone Review
• Saxo Bank Review
• IG Review
• CMC Markets Review
• IC Markets Review

 

Frequently Asked Questions

 

Is Forex trading legal in Slovakia?

Forex trading is legal, and subject to EU regulations and local laws.

 

Do I need a license to trade Forex in Slovakia?

Individual traders do not need a license, but brokers must be regulated.

 

How do I choose a Forex broker in Slovakia?

Look for brokers regulated by ESMA or the National Bank of Slovakia, and check their reputation and customer reviews.

 

Are there any taxes on Forex trading profits?

Yes, profits from Forex trading are subject to taxation in Slovakia. It’s advisable to consult a tax professional for specific guidance.

 

What is the minimum deposit for Forex trading?

Minimum deposits vary by broker, but many offer accounts with deposits starting as low as €100.

 

Can I trade Forex using my mobile device?

Yes, most brokers offer mobile trading platforms for trading on the go.

 

What trading platforms are popular in Slovakia?

MetaTrader 4 and MetaTrader 5 are widely used, along with proprietary platforms offered by brokers.

 

Are there educational resources for new Forex traders in Slovakia?

Yes, many brokers provide educational materials, webinars, and demo accounts for practice.

 

What currency pairs can I trade?

Most brokers offer a wide range of currency pairs, including major, minor, and exotic pairs.

 

Is Forex trading risky?

Forex trading involves significant risk due to leverage and market volatility. It’s important to have a solid risk management strategy.