ASIC, CySEC, DFSA +2 more
Trusted Forex Brokers In Slovakia
Slovakia forex brokers are licensed and regulated locally, as well as internationally. The local governing body overseeing the financial system in Slovakia is the National Bank of Slovakia. However, forex brokers in the country are also subject to additional regulations. As a EU member country, forex brokers in Slovakia also comply with the rules set out by the MiFID II (Markets in Financial Instruments Directive II) and MiFIR (Markets in Financial Instruments Regulation) frameworks. Additionally, top forex brokers in Slovakia are licensed by some of the highest rated national regulatory bodies in Europe, such as the FCA (UK) and CySEC (Cyprus), among others. The best forex brokers in Slovakia offer a wide range of currency pairs for trading, including major, minor, and exotic pairs from Europe, as well as internationally. Slovakia forex brokers also grant access to CFDs and commodity futures, while offering tight spreads for currency pairs. Forex brokers in Slovakia are secure and offer high quality trading platforms to their clients, with competitive fees and a wide selection of financial products. As a member of the Eurozone, Slovakia uses the euro (EUR) as its currency.
Situated in Central Europe, Slovakia has a nominal GDP of $127.5 billion, with a per capita GDP of over $23,400. The best forex brokers in Slovakia have access to the broader European market and traders based in Slovakia can trade a wide range of currency pairs, including major pairs, such as EUR/USD, GBP/USD, JPY/USD, and CHF/USD. The country upholds a capital gains tax of 19%, which is moderate among EU member states. Forex trading is popular in the country, which hosts some of the most well-regarded forex brokers on the market, which offer an impressive selection of essential financial instruments, as well as exotic currency pairs and CFDs from around the world. Forex traders in Slovakia also benefit from the Deposit Guarantee Scheme (DGS), which insures up to EUR 100,000 for each client account, in the case of solvency issues with the brokerage. Top forex brokers in Slovakia are required to hold client funds in segregated accounts.