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Best MT4 Forex Brokers in Bulgaria
Last updated September 2, 2026
The top regulated brokers offering MT4 accounts to Bulgaria traders — compared on spreads, fees, regulators, and minimum deposit.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Personalized broker matching
Need a faster shortlist than reading every Bulgaria page?
Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.
Last reviewed:
•By:BrokerAnalysis Research Desk
•Fact-checked by:BrokerAnalysis Editorial Team
Our 2 top picks for MT4 in Bulgaria
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for MT4 in Bulgaria
Axi
Offers MT4Min. deposit лв.0
- Offers MT4
- Regulated: FCA, ASIC, DFSA
- Minimum deposit лв.0
FCA, ASIC, DFSA
#2 · Best alternative
FXTM
Offers MT4Min. deposit лв.10
- Offers MT4
- Regulated: FCA, CySEC, FSCA
- Minimum deposit лв.10
FCA, CySEC, FSCA
Why these two
Both brokers here are confirmed to offer MT4 for Bulgaria traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Bulgaria.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
What do MT4 brokers actually cost Bulgaria traders?
Across the 9 MT4 brokers available to Bulgaria traders on this page, the median researched EUR/USD spread is 0.8 pips, ranging from 0.0 to 1.2 pips, with 8 of those figures taken from the broker's own published specification.
MT4 brokers for Bulgaria traders
MetaTrader 4 remains the most popular forex trading platform worldwide, and Bulgaria traders are no exception. Our current ranking starts with Axi where it is available, followed by FXTM, XM, and BlackBull Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 9 brokers for Bulgaria traders. The median minimum deposit across the listed brokers is $10 — low — most traders can start with a modest balance. Local oversight for Bulgaria traders sits with FSC, CySEC, FCA. Retail forex and CFD access in Bulgaria is shaped by local oversight and international broker rules. Verify onboarding eligibility before funding. Oversight relevant to traders in Bulgaria sits with FSC, CySEC, FCA. Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you. Bulgaria adopted the euro on 1 January 2026, replacing the Bulgarian lev (BGN) at a fixed rate of 1.95583 BGN per €1, so accounts and statements are now euro-denominated.
Country Offers
Browse All PromotionsAvailable offers for Bulgaria traders
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.
VIP / Volume
FXTM
FCA (UK)$500 Welcome Bonus Reward Points
Use code HELLOFXTM on first deposits to unlock up to $500 in reward points after trading targets.
Verified Jun 15, 2026
HFM
FCA (UK)100% Supercharged Bonus + Daily Rebates
100% SuperCharged bonus credit plus daily rebates on qualifying Forex and Gold volume.
Verified Jun 15, 2026
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Quick Rankings
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FIND MY BROKERKey Features for Bulgarian Traders
9 brokers · how we rank
Compare essential features of forex brokers accepting Bulgarian clients with EUR accounts.
| Broker | Withdrawal | FX commission | Time to open account | USDJPY spread | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 1.0 | лв.0 | 1-2 business days | None | Same day | 1.1 | No tier-1 licence listed | ||
| 1.3 | лв.10 | 24 hours | Variable | Minutes | 1.4 | No tier-1 licence listed | ||
| 0.6 | лв.5 | 24 hours | None | Minutes | 0.7 | No tier-1 licence listed | ||
| 0.1 | лв.0 | 1 business day | лв.3.00/lot | Same day | 0.1 | No tier-1 licence listed | ||
| 0.9 | лв.100 | 1-2 business days | None | Same day | 0.9 | No tier-1 licence listed | ||
| 1.2 | лв.5 | 24 hours | None | Minutes | 1.1 | No tier-1 licence listed | ||
| 1.4 | лв.100 | 1-2 business days | None | 1 day | 1.5 | No tier-1 licence listed | ||
| 0.0 pips (Commission-based) | $10 | 1-5 business days | From 0.003% per trade | — | — | No tier-1 licence listed | ||
| From ~1.0 pips (confirm current terms) | $50 | Confirm current terms directly | Confirm current terms directly | — | — | No tier-1 licence listed |
Rank 01 · best overall
Spread
1.0
Min dep.
лв.0
Withdrawal
1-2 business days
FX commission
None
Time to open account
Same day
USDJPY spread
1.1
Rank 02
Spread
1.3
Min dep.
лв.10
Withdrawal
24 hours
FX commission
Variable
Time to open account
Minutes
USDJPY spread
1.4
Rank 03
Spread
0.6
Min dep.
лв.5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
0.7
Rank 04
Spread
0.1
Min dep.
лв.0
Withdrawal
1 business day
FX commission
лв.3.00/lot
Time to open account
Same day
USDJPY spread
0.1
Rank 05
Spread
0.9
Min dep.
лв.100
Withdrawal
1-2 business days
FX commission
None
Time to open account
Same day
USDJPY spread
0.9
Rank 06
Spread
1.2
Min dep.
лв.5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
1.1
Rank 07
Spread
1.4
Min dep.
лв.100
Withdrawal
1-2 business days
FX commission
None
Time to open account
1 day
USDJPY spread
1.5
Rank 08
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
FX commission
From 0.003% per trade
Time to open account
—
USDJPY spread
—
Rank 09
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
FX commission
Confirm current terms directly
Time to open account
—
USDJPY spread
—
We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.
Our Rating
4.5/5.0
Best ForThe broker for traders, by traders.
Min Depositлв.0
Axi Review Summary
Axi focuses on delivering a seamless MetaTrader 4 experience with competitive pricing and a strong reputation for reliability.
Pros
- Regulation varies by entity
- Minimum deposit: лв.0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Our Rating
4.5/5.0
Best ForSuperior education and automated investment.
Min Depositлв.10
FXTM Review Summary
FXTM is perfect for beginners and investors, offering top-tier educational resources and the popular FXTM Invest copy trading program.
Pros
- Regulation varies by entity
- Minimum deposit: лв.10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForTrusted global broker with excellent education.
Min Depositлв.5
XM Review Summary
XM is a household name in forex, renowned for its low entry barrier (лв.5 deposit), extensive educational resources, and solid execution.
Pros
- Regulation varies by entity
- Minimum deposit: лв.5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForInstitutional-grade execution with zero pips.
Min Depositлв.0
BlackBull Markets Review Summary
BlackBull Markets takes the #1 spot for 2026 with its exceptional ECN execution, no minimum deposit, and high leverage options. Perfect for both scalpers and long-term traders.
Pros
- Regulation varies by entity
- Minimum deposit: лв.0
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Our Rating
4.5/5.0
Best ForTrade with confidence on a highly regulated platform.
Min Depositлв.100
AvaTrade Review Summary
AvaTrade provides peace of mind with regulations across 6 jurisdictions and offers fixed spreads that simplify trading costs.
Pros
- Regulation varies by entity
- Minimum deposit: лв.100
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Fixed — compare account types before opening
Our Rating
4.5/5.0
Best ForAward-winning multi-asset trading platform.
Min Depositлв.5
HFM Review Summary
HFM offers diverse account types to suit every strategy, backed by a solid regulatory framework and excellent local support.
Pros
- Regulation varies by entity
- Minimum deposit: лв.5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Low — compare account types before opening
Our Rating
4.5/5.0
Best ForOver 40 years of group experience.
Min Depositлв.100
HYCM Review Summary
HYCM brings decades of stability to the table, offering a secure trading environment with access to a wide range of global markets.
Pros
- Regulation varies by entity
- Minimum deposit: лв.100
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Average — compare account types before opening
Our Rating
4.5/5.0
Best ForBest for zero-spread commission-based traders.
Min Deposit$10
Libertex Review Summary
Libertex is a multi-regulated broker with Libertex Web, Libertex Mobile, MT4, MT5 access, 0.0 pips (Commission-based) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Regulation varies by entity
- Minimum deposit: $10
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Raw or ultra-low spread account available — compare account types before opening
Our Rating
4.5/5.0
Best ForBest for traders who have independently verified current terms and accept the trust concerns disclosed in our review.
Min Deposit$50
TIO Markets Review Summary
TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Regulation varies by entity
- Minimum deposit: $50
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Competitive spread structure — compare account types before opening
Frequently Asked Questions About MT4 Forex Brokers in Bulgaria
Frequently Asked Questions
All brokers on this page offer MetaTrader 4 to Bulgaria traders with full functionality: automated trading (EAs), custom indicators, one-click execution, and mobile apps. EUR deposits are supported.
Yes. While MetaQuotes has stopped issuing new MT4 licenses, existing broker integrations continue to work. All brokers on this page maintain active MT4 server infrastructure. Some also offer MT5 alongside MT4.
MT4 has the larger EA ecosystem and is simpler to use. MT5 offers more timeframes (21 vs 9), built-in DOM, and support for stocks/futures. For forex-only trading with EAs, MT4 is usually preferred. For multi-asset trading, choose MT5.
Yes. All MT4 brokers on this page allow Expert Advisors (automated trading). Some brokers offer free VPS hosting for EA users, reducing latency. Check each broker's EA policy — a few restrict certain high-frequency EA strategies.
Yes. MT4 mobile apps are available for iOS and Android, offering chart analysis, order management, and account monitoring. However, EA execution requires the desktop or VPS version — mobile does not run automated strategies.
Download MT4 from your broker's website — each broker provides their own branded MT4 build with pre-configured server settings. The generic MT4 download from MetaQuotes may not include your broker's servers.
Forex trading in Bulgaria: Retail forex and CFD access in Bulgaria is shaped by local oversight and international broker rules. Verify onboarding eligibility before funding. The market is overseen by FSC, CySEC, FCA. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.
Top Searched Questions
Which brokers offer the best MT4 trading experience?
The best MT4 brokers combine raw spreads from 0.0 pips, sub-50ms execution, free VPS hosting, and full support for Expert Advisors. Look for brokers with servers close to your location, hedging support, and the ability to use custom indicators from the large MQL4 community.
How do I choose an MT4 forex broker?
Priority criteria for MT4 broker selection: 1) Regulation quality (Tier-1 preferred), 2) Spread competitiveness on your pairs, 3) Execution type (ECN vs. STP), 4) EA policy (some brokers restrict scalping EAs), 5) VPS availability, 6) Server location for latency. Demo test for at least two weeks.
Information automatically localized based on "best mt4 brokers" and related trends.
Sources & References
- XM — published spread specification— XM (2026)
- AvaTrade — published spread specification— AvaTrade (2026)
- HFM — published spread specification— HFM (2026)
- FXTM — published spread specification— FXTM (2026)
- Axi — published spread specification— Axi (2026)
- BlackBull Markets — published spread specification— BlackBull Markets (2026)
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.
How we measured this — MT4 brokers for Bulgaria traders
Across the 9 MT4 brokers available to Bulgaria traders on this page, the median researched EUR/USD spread is 0.8 pips, ranging from 0.0 to 1.2 pips, with 8 of those figures taken from the broker's own published specification.
- median researched EUR/USD spread
- 0.8 pips
- Brokers measured
- 9
- Linked to broker spec
- 8 of 9
- Data as of
- 2026-09-02
Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.
Sources: xm.com · avatrade.com · hfm.com · fxtm.com · axi.com · blackbull.com · hycm.com · libertex.org
What changes locally
- Oversight relevant to traders in Bulgaria sits with FSC, CySEC, FCA.
- Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you.
- Bulgaria adopted the euro on 1 January 2026, replacing the Bulgarian lev (BGN) at a fixed rate of 1.95583 BGN per €1, so accounts and statements are now euro-denominated.