In this guide, we go over the best international online brokers in Bulgaria. We analyzed and researched hundreds of brokers, based on a variety of different factors. We compared every aspect of their services, focusing on security, fees & commissions, trading platform, regulation, offering of investments, trading tools, deposits & withdrawals, and more. Brokers had to meet a threshold to be considered in the following list.
Best Online Brokers in Bulgaria
- eToro is the best broker in Bulgaria Overall. Best in Class for Copy Trading. Zero Commission Stocks.
- Interactive Brokers comes in second. Founded in 1978. Best Market Access.
- XTB comes in third. Listed on a Stock Exchange. Great CFD Offering.
- Capital.com comes in fourth. Great Research and Education.
- Saxo Markets finishes the list. Great For Sophisticated Investors.
Table of Contents
- Best Online Brokers in Bulgaria
- Top Online Trading Platforms in Bulgaria
- How to pick an online trading platform in Bulgaria?
- 1. eToro – Best Trading Plaform Bulgaria Overall
- 2. Interactive Brokers – Best Online Broker in Bulgaria for Market Access
- 3. XTB – Best CFD Trading Platform Bulgaria
- 4. Capital.com – Best Broker for Education and Research in Bulgaria
- 5. Saxo Markets – Best for High Net-worth Traders in Bulgaria
- Compare Online Brokers in Bulgaria
- Online Trading and Regulation in Bulgaria
- Final Verdict
Top Online Trading Platforms in Bulgaria
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | eToro Your Capital is at Risk. | 4.9 | Zero Commission Stock Trading. Copy Trading. | $50 |
| #2 | Interactive Brokers | 4.9 | International Broker With Wide Market Access. | $0 |
| #3 | XTB | 4.8 | Great CFD Broker. | $250 |
| #4 | Capital.com | 4.8 | Zero Commission Real Stocks. | $20 |
| #5 | Saxo Markets | 4.8 | Quality Research. Great Third-Party Tools. | $0 |
How to pick an online trading platform in Bulgaria?
When picking a platform you should consider the following factors:
- Overall great service
- Regulation
- Safety
- Fees & Commissions
- Range of Products
- Account Opening Process
- Deposits & Withdrawals
Read below, where we breakdown the top Stock Brokers in Bulgaria, starting with our best-rated eToro.
1. eToro – Best Trading Plaform Bulgaria Overall
Disclaimer: CFDs are complex instruments that come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and if you can afford to take the high risk of losing your money.
eToro, is a zero-commission stock broker, founded in 2007. It is one of the pioneers in the industry when it comes to copy trading. Using eToro’s user-friendly website and mobile trading app, you can trade in stocks, currency pairs, ETFs, and CFDs. Plus, eToro trades a bigger number of cryptocurrencies than the industry average, making it a viable option for cryptocurrency traders looking to copy the trades of seasoned crypto traders.
eToro is regulated by top-tier authorities, which makes it a safe and reliable broker.
| Trading Platform | eToro |
|---|---|
| Demo account: | Yes |
| Minimum Deposit: | $50 – $200 |
| Minimum Trade: | $50 – $1000 (less with leverage) |
| Copy Trading: | Yes |
| Mobile App: | iOS, Android |
| Desktop: | N/A |
| Web Platform: | Proprietary |
| Countries not available: | Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria and Venezuela (full list) |
| Deposit Methods: | Bank Transfer, Maestro, Visa, MasterCard, Diners Club, PayPal, Skrill, Neteller |
| Withdrawals: | 3 – 8 days |
| Islamic Account: | Yes |
| Regulated by: | FCA, CySec, FinCen, ASIC |
| Our Score: | 4.9/5 |
2. Interactive Brokers – Best Online Broker in Bulgaria for Market Access
One of the best options in Bulgaria is IBKR, a global brokerage firm that was founded in 1978 and is listed on the NASDAQ. The company is trusted by international traders because it gives access to 135 markets in 33 countries. It offers low-cost trading and a comprehensive set of research tools. Thanks to the elimination of IBKR's $10 minimum maintenance fees, all of their wonderful features are available without the annoying inactivity fees. Interactive Brokers is a legitimate and well-regulated broker.
Interactive Brokers offers Stocks, ETFs, Options, Futures, FOPs, Forex, Cryptocurrencies, Spot Gold, Bonds, Mutual Funds, and Hedge Funds.
| Trading Platform | Interactive Brokers |
|---|---|
| Founded | 1978 |
| Regulation | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF |
| Offering Of Investments | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds |
| Minimum Deposit | $0 |
| Demo Account | Yes |
| Withdrawal Fee | 1 Free Withdrawal per Month |
| Inactivity Fee | No |
| Deposit Methods | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution |
3. XTB – Best CFD Trading Platform Bulgaria
XTB is an established CFD broker offering access to over 2100 global markets. XTB is a broker founded in 2002 with offices in London and Warsaw. Their platform and mobile app are easy-to-use and their education is top-notch. They have over 450,000 customers worldwide, and offer fast and qualified customer support.
It’s best suited for traders who look for an efficient trading experience with minimal forex CFD expenses and a fast deposit and withdrawal process. It's a secure online broker with approval from a number of well-known authorities across the globe, including the tier-1 UK Financial Conduct Authority FCA. Finally, XTB makes its financial records available to clients, which is always a plus for any broker.
| Broker | XTB |
|---|---|
| Founded | 2002 |
| Headquarters | Warsaw, Poland |
| Minimum Deposit | $0 |
| Withdrawal Fees | Varies |
| Inactivity Fees | €10 after one year of inactivity |
| Demo Account | Yes |
| Forex Trading | Yes |
| CFD Trading | Yes (1500+) |
| Cryptocurrency | Yes |
| Copy Trading/Social Trading | No |
| Regulation | FCA,CySEC,IFSC |
| Mobile App | Yes |
| Customer Support | Phone, live chat and email |
| US-Accepted | No |
| Our Score | 4.7/5 |
4. Capital.com – Best Broker for Education and Research in Bulgaria
Capital.com has extensive training materials, excellent research, and well-designed online trading platform. Capital.com has a wealth of instructional resources, including articles, videos, and a comprehensive lesson program, making it a good pick for newbies. Not only that, but Capital.com also offers excellent research, including economic data analysis and technical analysis.
| Platform | Capital.com |
|---|---|
| Founded | 2016 |
| Headquarters | UK, Australia, Cyprus, and Belarus |
| Regulation | FCA, CySEC, ASIC, and NBRB |
| Demo Account | Yes |
| Islamic Account | No |
| Minimum Deposit | $20 |
| Base Currencies | USD GBP, EUR, AUD, and PLN |
| MetaTrader 4 | Yes |
| Inactivity Fee | No |
| Offering Of Investments | CFD ( index, crypto, equity, commodity, forex), Stocks |
| Platforms | Web, desktop, mobile |
| Mobile Apps | Android and iOS |
| Payment Methods | Credit/Debit Cards, Wire Transfer, Neteller, Skrill, GiroPay, UnionPay, Apple Pay and WorldPay, iDeal, Multibanco,Sofort, Asian online banking, Qiwi, Przelewy24, and WebMoney |
| US accepted | No |
| Customer Service | Live chat, phone, email, webform, WhatsApp, Messenger, Facebook, Viber, and Telegram |
| Our Score | 4.6/5 |
5. Saxo Markets – Best for High Net-worth Traders in Bulgaria
Saxo Bank, was founded in 1992, and is a superb multi-asset online broker. Saxo offers a great trading experience thanks to its cutting-edge platform, in-depth research, and over 40,000 securities. Saxo Bank provides a good variety of tools and services to active traders. Saxo Bank's top-tier regulation, banking experience, and long track record make it a reliable option in terms of security.
| Trading Platform | Saxo Markets |
|---|---|
| Founded | 1992 |
| Regulation | Danish FS, FCA, MAS, FINMA, ACPR, AMF, Bank of Netherlands, FSMA, Securities & Futures Commission of Hong Kong, ASIC |
| Offering Of Investments | Stocks, Forex, CFDs, Commodities, Options, Forex Options, ETFs, Bonds, Mutual Funds, Futures |
| Minimum Deposit | $2,000 |
| Demo Account | Yes |
| Withdrawal Fee | $0 |
| Inactivity Fee | $25/month after 1 quarter of inactivity |
| Deposit Methods | Debit/Credit Cards, Bank/Wire Transfer, Stock Transfers |
Compare Online Brokers in Bulgaria
Below we put together a comparison table of the main features, making it easier to see how trading platforms compare side by side.
| Trading Platform | eToro | Interactive Brokers | XTB | Capital.com | Saxo Markets |
|---|---|---|---|---|---|
| Founded | 2007 | 1978 | 2002 | 2016 | 1992 |
| Regulation | FCA, CySEC, ASIC, FSAS | SEC, CFTC, FCA, NFA, MAS, CBI, IIROC, ASIC, CSSF | FCA, CySEC, Financial Services Commission in Belize | FCA, CySec, ASIC, MiFID | Danish FS, FCA, MAS, FINMA, ACPR, AMF, Bank of Netherlands, FSMA, Securities & Futures Commission of Hong Kong, ASIC |
| Offering Of Investments | Stocks, ETFs, Forex, Crypto, Indices, Commodities | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto | Shares, Forex, Commodities, Indices, Crypto | Stocks, Forex, CFDs, Commodities, Options, Forex Options, ETFs, Bonds, Mutual Funds, Futures |
| Minimum Deposit | $50 – $100 | $0 | $0 | $20 | $2,000 |
| Demo Account | Yes | Yes | Yes | Yes | Yes |
| Withdrawal Fee | $5 | 1 Free Withdrawal per Month | 20 USD for withdrawals under 100 USD | $0 | $0 |
| Inactivity Fee | $10/month | No | $10 monthly after 12 months | No | $25/month after 1 quarter of inactivity |
| Deposit Methods | PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking – Trustly, POLi | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution | Bank Transfers, Credit and Debit Cards, Skrill | Credit Cards, Bank Transfer, Wire Transfer, Sofort, IDeal, MultiBanko, Trustly, WebMoney, Qiwi, Skrill, and Neteller | Debit/Credit Cards, Bank/Wire Transfer, Stock Transfers |
Online Trading and Regulation in Bulgaria
Online trading in Bulgaria is gaining more and more attention from the ambitious residents of the country, and in order for the trading process to be both safe and successful, it needs to be overseen by the financial regulator(s) in this country. The Financial Supervision Commission (FSC) is the financial regulatory body in Bulgaria.
To learn more about the FSC, you can visit its official website: https://www.fsc.bg/en/.
Final Verdict
We hope you found all the details you needed in our guide. We took into account every possible detail of all renowned brokers, such as fees, payment methods, regulatory bodies, commission charges, to provide you with the best options. Just to recap, here are the top rated online brokers in Bulgaria:
| eToro Your Capital is at Risk. | Interactive Brokers | XTB | Capital.com | Saxo Markets | |
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.9 | 4.8 | 4.8 | 4.8 |
| Fees Score | 4.8 | 5.0 | 4.8 | 4.9 | 4.7 |
| Mobile App Score | 4.9 | 4.9 | 4.8 | 4.9 | 4.8 |
| Trading Platform Score | 4.8 | 4.8 | 4.8 | 4.9 | 4.8 |
| Offering Of Investments Score | 4.9 | 5.0 | 4.6 | 4.8 | 4.9 |
| Regulation Score | 4.9 | 5.0 | 4.7 | 4.7 | 4.9 |
