- Best Forex Broker
- 5 Best Forex Brokers in Slovenia
[year] - Forex Trading in Slovenia
Affiliate Disclosure
Christopher Lewis
As part of my Forex Brokers in Slovenia listing, I have analyzed the complete offerings from dozens of brokers to determine the most competitive choices for those looking to trade Forex in Slovenia.
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Read more on FXTM
1
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Slovenian customers contract with a CySEC-regulated subsidiary that fully complies with ESMA rules
A €20,000 investor compensation fund & negative balance protection.
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Read more on FXTM
Read more on FP Markets
2
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Slovenian customers contract with a CySEC-regulated subsidiary & trustworthy trading environment.
EUR deposits & a wide choice of fast and convenient local payment processors.
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Read more on FP Markets
Read more on AvaTrade
3
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Regulated by the Central Bank of Ireland with a CySEC-regulated subsidiary.
Industry-leading educational content for beginners is available via the Ava Academy.
Read more on Eightcap
4
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
24/5 customer support & FCA-regulated subsidiary for Slovenian-resident traders.
EUR deposits via bank wire and credit/debit cards are funding options.
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Read more on Eightcap
Read more on Pepperstone
5
The ratings shown on DailyForex.com are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
CySEC and BaFin-regulated subsidiaries with & 24/5 + 18/2 weekend customer support.
Cutting-edge trading infrastructure with deep liquidity and excellent order execution statistics.
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Read more on Pepperstone
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How we rank our brokers
- FXTM, Best all-around broker with high floating leverage and fast execution.
- FP Markets, ECN trading with leverage up to 1:500.
- AvaTrade, Highly regulated, choice of fixed or floating spreads.
- Eightcap, Competitive pricing + excellent daily videos.
- Pepperstone, Great ECN execution on MT4 platform.
Best Slovenian Brokers Comparison
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Regulators | CMA, CySEC, FCA, FSC Mauritius, FSCA | ASIC, CySEC, FSCA | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | ASIC, CySEC, FCA, SCB | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
Year Established | 2011 | 2005 | 2006 | 2009 | 2010 |
Execution Type(s) | ECN/STP, Market Maker | ECN/STP | Market Maker | ECN/STP, Market Maker | No Dealing Desk, NDD |
Minimum Deposit | $500 | $100 | $100 | $100 | $200 |
Average Trading Cost EUR/USD | 0.1 pips | 1.1 pips | 0.9 pips | 1.0 pips | 1.1 pips |
Average Trading Cost GBP/USD | 0.2 pips | 1.4 pips | 1.5 pips | 1.2 pips | 1.6 pips |
Average Trading Cost Gold | $0.18 | $0.21 | $0.29 | $0.12 | $0.20 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based | Other, MetaTrader 4, MetaTrader 5, Web-based+ | MetaTrader 4, MetaTrader 5, Trading View | MetaTrader 4, MetaTrader 5, cTrader, Trading View |
Islamic Account | |||||
Negative Balance Protection | N/A | ||||
| Visit Website | Visit Website | Visit Website | Visit Website | Visit Website |
FXTM
5.0/5 in this category
In Summary
Best all-around broker with high floating leverage and fast execution
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In Summary
Best all-around broker with high floating leverage and fast execution
FXTM ranks amongst the Forex Brokers in Slovenia with the lowest overall trading fees, making it the leading choice for high-volume traders, scalpers, and high-frequency algorithmic traders. For a minimum deposit of just €500, Slovenian Forex traders receive raw spreads from 0.0 pips with a separate trade ticket commission of $0.80 - $4.00 per 1.0 standard round lot. An additional advantage is the superb price improvement technology that can further lower trading costs, featuring an average cost improvement of $3.00 per lot.
Six plugins upgrade the MT4 trading platform, and VPS hosting ensures 24/5 low-latency Forex trading is available. FXTM also provides quality educational content and market research for beginners.
Pros
Excellent commission-based Forex pricing environment and transparency
Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
Quality market research and educational content for beginner traders
A highly regulated broker with a tier-1 license
Cons
No cryptocurrencies and limited choice ofcommodities
READ FULL FXTM REVIEW
READ FULL FXTM REVIEW
FP Markets
5.0/5 in this category
In Summary
ECN trading with leverage up to 1:500
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In Summary
ECN trading with leverage up to 1:500
Traders get a 12-plugin upgrade package for the MT4/MT5 trading platforms and the user-friendly native FP Markets mobile app. Distinguishing itself from most Forex brokers in Slovenia, this broker takes the lead with its cutting-edge trading platform upgrades, solidifying its position as a top player in the local market. FP Markets has an incredibly low minimum deposit requirement of only €50, making it also one of the most accessible Forex brokers in Slovenia.
The FP Markets Raw account provides a competitive commission-based cost structure featuring spreads from choice pricing 0.0 pips for a separate ticket-based commission of $6.00 per 1.0 standard round lot. Traders have access to 24/7 multi-lingual customer support, and the wide range of tradable instruments includes Cryptocurrencies and ETF CFDs.
Pros
Choice of trading platforms and auxiliary trading tools
Very competitive cost structure and excellent asset selection
Low minimum deposit requirement and leverage of up to 1:500
Well-regulated and trustworthy
Cons
Availability of Iress geographically restricted
READ FULL FP Markets REVIEW
READ FULL FP Markets REVIEW
AvaTrade
4.5/5 in this category
In Summary
Highly regulated, choice of fixed or floating spreads
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In Summary
Highly regulated, choice of fixed or floating spreads
AvaTrade is the broker from my Forex brokers in Slovenia, and it is listed as having the widest range of trading platform choices for its customers. It is also one of the few EU-headquartered Forex brokers. Traders can rely on access to the MT4/MT5 platforms for algorithmic trading. They can also opt to use the proprietary WebTrader and mobile app AvaTradeGO, equipped with Trading Central. The specialized Ava Option platform and Ava Social systems are also available. Besides the embedded MT4/MT5 copy trading services, traders wanting copy trading functionality can also utilize DupliTrade.
Traders pay reasonable commission-free costs, and there is a well-balanced asset selection alongside the usual Forex pairs, Options, ETFs, and Cryptocurrencies. AvaTrade maintains a high-paying affiliate program with 145,000 registered partners and $300,000,000+ in commission payouts to partners.
Pros
High-quality educational offering via SharpTrader
Excellent choice of trading platforms catering to various trading needs
Broad asset selection and cross-asset diversification opportunities
Well-regulated and trusted broker with oversight from a central bank
Cons
Trading costs competitive but nothing special
READ FULL AvaTrade REVIEW
READ FULL AvaTrade REVIEW
Eightcap
4.5/5 in this category
In Summary
Competitive pricing + excellent daily videos
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In Summary
Competitive pricing + excellent daily videos
Eightcap has a €100 minimum deposit requirement, and traders enjoy a competitively priced commission-free cost structure with spreads starting from as low as 1.0 pip or $10 per 1.0 standard lot. The MT4 trading platform fully supports algorithmic and copy trading functionality, and Eightcap has no restrictions on trading strategies it supports. There is a good range of assets available to traders.
The Eightcap Labs and Eightcap Trade Zone client areas allow beginners to access quality educational content and market research. Eightcap also allows Slovenian-resident Forex traders to connect their trading accounts to TradingView, a popular community where 50M+ traders engage in social trading. In my listing of Forex brokers in Slovenia, Eightcap emerges as the optimal choice for social traders, solidifying its position as the premier option in the market in this regard.
Pros
Low minimum deposit and high leverage of up to 1:500
Competitive cost structure
Excellent technology infrastructure and seasoned management team
Daily research and quality educational content
Cons
Limited leverage in some areas
READ FULL Eightcap REVIEW
READ FULL Eightcap REVIEW
Pepperstone
4.5/5 in this category
In Summary
Great ECN execution on MT4 platform
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Get Started
In Summary
Great ECN execution on MT4 platform
Pepperstone is the broker within my Forex brokers in Slovenia listing, offering the most advanced range of trading tools. The Capitalise AI solution, which supports algorithmic trading in a code-free environment, separates Pepperstone from most of its competitors. This distinctive feature is rare among brokers, with even fewer extending this capability to European traders. Pepperstone also upgrades MT4/MT5 with its 28-plugin Smart Trader Tools package and the comprehensive Autochartist service.
Besides MT4/MT5, Pepperstone offers the cTrader platform and allows traders to connect their accounts to TradingView, where 50M+ traders can interact and share trade research and ideas. The commission-based pricing environment features competitive spreads, making Pepperstone ideal for high-volume algorithmic traders and scalpers. Pepperstone executes same-day withdrawal transactions.
Pros
Excellent choice of trading platforms consisting of MT4/MT5, and cTrader
Market-leading MT4/MT5 upgrade package, Autochartist, and API trading
Social trading support via Myfxbook, MetaTrader Signals, and DupliTrade
Leverage of up to 1:30 and superb trade execution
Cons
Demo accounts have 30-day time limits
READ FULL Pepperstone REVIEW
READ FULL Pepperstone REVIEW
Forex Trading in Slovenia
Slovenia is a comparatively wealthy Alpine nation that has emerged as one of the leading cryptocurrency adopters in Europe. The general level of education within the population is high, ranking 4th within Europe and 12th globally. This continues to drive further innovation, and the demand for Forex trading is strong in the country, making it a core developed market for the brokers within my Forex brokers in Slovenia listing.
What to Look for in a Forex Broker from Slovenia
Any competitive Slovenian Forex brokers should offer the following:
- Regulation - A clean regulatory history, preferably within the EU.
- Low trading fees - Low trading fees and swap rate markup, including positive swap rates for applicable instruments that pay you for holding risk overnight.
- Trading platforms - Algorithmic, copy trading, and mobile trading capabilities.
- Asset diversity - A wide choice of liquid trading instruments.
- Deposits/Withdrawals - No deposit fees and low minimum deposit requirements.
Forex Trading Regulations in Slovenia
The Bank of Slovenia and the Securities Market Agency regulate the Slovenian financial and Forex markets, ensuring compliance with ESMA rules and regulations, including the Markets in Financial Instruments Directive II (MiFID II). Most brokers within my Forex Brokers in Slovenia listing serve Slovenian Forex traders from an EU-based subsidiary.
How Much Forex Leverage is Available in Slovenia?
Slovenian-resident retail Forex traders have a maximum leverage of 1:30. At the same time, professional account upgrades can boost this to 1:500. All brokers within my Forex brokers in Slovenia listing offer negative balance protection.
Forex Brokers We Recommend 
How to Start Forex Trading in Slovenia?
Before funding an account with a broker within my Forex Brokers in Slovenia listing, beginners should consider our tips below to avoid common errors in margin trading and shorten their learning curve.
Here are tips on how to start Forex trading in Slovenia:
- Start with in-depth education to learn about the key success factors in trading and the basics of order entry and trade management.
- Respect Forex trading as a highly skilled profession and approach it professionally.
- Trading psychology is a especially crucial as it separates up to 90% of unprofitable traders from profitable ones.
- Understand the leverage/risk management relationship and how deploying margin can affect decision-making.
- Leverage magnifies potential profits and losses, so executing the correct trade sizes is important to get right.
- Risk management is as important as the trading methodology you intend to deploy.
- A suitable trading strategy ideally should reflect your personality strengths.
- Low trading fees are the foundation of a competitive trading environment.
- Master the use of basic order types that can help manage trading risk, such as 'Take Profit’ and ‘Stop Loss.’ Consider your risk management parameters when identifying levels to place these orders in your trading markets.
What is the Best Trading Platform in Slovenia
MT4 is regarded as the best trading platform in Slovenia due to its versatile trading infrastructure. It is the leading algorithmic trading platform globally for traders, and algos account for 80%+ of daily Forex trading volume. All Forex brokers within my Forex brokers in Slovenia listing offer the MT4 platform.
Forex Trading Taxation in Slovenia
Slovenian-resident Forex traders are potentially liable for taxes on profits made in Slovenia.
Potential Forex trading taxes in Slovenia consist of the following:
- 25% capital gains tax.
- 16% income tax if income is less than €8,755.
- 26% income tax if income is less than €25,750.
- 33% income tax if income is less than €51,500.
- 39% income tax if income is less than €74,160.
- 50% income tax if income exceeds €74,160.
Forex traders in Slovenia should consult a legal professional to seek individual tax advice based on their situation in Slovenia to ensure compliance with local rules and regulations.
Pros & Cons of Forex Trading in Slovenia
Traders should consider the pros and cons of Forex trading in Slovenia before opening an account with any of the Forex brokers in Slovenia listed here.
The pros of Forex trading in Slovenia are:
- Lower capital requirements and costs than other investments.
- 24/5 decentralized market.
- Low-latency algorithmic trading is possible.
- Passive income opportunities.
- Copy and social trading via mobile apps.
The cons of Forex trading in Slovenia are:
- Disrespect for Forex trading as a high-skilled profession.
- Emotion-based decision-making can lead to loss of control.
- Manual trading in an algorithmic trading environment can be a disadvantage.
- Disconnect between leverage used and its relationship to risk management.
- False sense of accomplishment from only demo trading before funding a live account.
- Restrictive retail leverage.
- There are no bonuses or incentives for new traders compared to other countries.
Bottom Line
With one of the world's most well-educated populations, Slovenia is positioned as an attractive growth market among developed economies. The nation's small yet rapidly expanding Forex demand, fueled by a keen interest in cryptocurrencies, adds to its allure for brokers. My Forex Brokers in Slovenia listing compiled a list of competitive Forex brokers catering well to Forex and cryptocurrency CFD traders. High-speed internet access enables Slovenians to execute 24/5 algorithmic Forex strategies and 24/7 algorithmic cryptocurrency trading.
FAQs
Is Forex trading legal in Slovenia?
Yes. Forex trading is legal in Slovenia, which operates under the ESMA regulatory infrastructure. The Bank of Slovenia and the Securities Market Agency are domestically responsible for implementing and ensuring broker firms comply with ESMA rules and regulations.
What is the best trading platform for Slovenia?
The best trading platform in Slovenia depends on individual preferences, but MT4 is a good choice for most traders because it supports a wide range of trading strategies.
Does MetaTrader work in Slovenia?
MetaTrader works in Slovenia and benefits from widespread availability, as every broker offers MT4, MT5, or both.
How to start Forex trading in Slovenia?
Beginners should start by investing time in education on the basics of margin trading before determining a suitable Forex trading strategy. Selecting a Forex broker and depositing is the last step in the process, and it may well be a long time after they have spent the time reviewing the educational content and testing trading in a simulation environment to hone trading skills to a point where they feel comfortable taking the step up to a live account.
Is Forex trading taxable in Slovenia?
Forex traders must pay taxes in Slovenia if resident there, which maintains a complex tax law typical of many Eurozone countries. Therefore, Slovenian-resident Forex traders should consult a licensed professional for tax advice, as liabilities will depend on an individual’s situation; the upper-income tax bracket has a 50% tax rate, applicable if annual taxable income exceeds €74,160.
