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Best forex brokers in Slovenia in 2022
Saxo Bank logo
Fusion Markets logo
CMC Markets logo
Interactive Brokers logo
Capital.com logo

Forex trading is increasingly popular across the world, and is offered by many online brokers. To help you find the best forex trading platforms in Slovenia in 2022, we went ahead and did the research for you. First, we selected 101 quality online brokers, then we checked and compared their fees, currency pair selections, charting tools and more.

Our top 5 picks for the best forex brokers in Slovenia in 2022:

  1. Saxo Bank is our winner, the best forex broker in Slovenia in 2022. Great trading platform. Outstanding research. Broad product portfolio.
  2. Fusion Markets takes second place. Low trading and non-trading fees. Fast and easy account opening. Great customer service.
  3. CMC Markets rounds out the top three. Low forex fees. Great web and mobile platforms. Advanced research and educational tools.
  4. Interactive Brokers is ranked fourth. Low trading fees. Wide range of products. Many great research tools.
  5. Capital.com completes the list at number five. Low forex CFD fees and commission-free real stocks. Great account opening experience. Excellent email and chat support.

To see the best forex trading platforms recommended for US residents, check out the BrokerChooser top list of best US forex brokers.

What makes a top forex broker?

Fair forex fees; a good selection of currency pairs; a great trading platform with advanced charting; and, especially for beginner traders, a set of educational tools to guide you through the basics of trading.

We test brokers based on almost 500 criteria, using live accounts and real money. Here’s a summary of how the best brokers for forex fared in various categories:

Minimum deposit and key scores at the best forex trading platforms in 2022
Broker Info Minimum deposit Forex fee score Markets and products score
#1 Saxo Bank Danish investment bank $2,000 4.2 stars 5.0 stars Visit broker
#2 Fusion Markets Australian forex broker $0 4.9 stars 2.2 stars Visit broker
74-89% of retail CFD accounts lose money
#3 CMC Markets Global CFD broker $0 3.7 stars 2.6 stars Visit broker
69% of retail CFD accounts lose money
#4 Interactive Brokers International broker providing all asset classes $0 3.3 stars 5.0 stars Visit broker
#5 Capital.com Global CFD broker $20 3.7 stars 3.1 stars Visit broker
83.45% of retail CFD accounts lose money

If you are a beginner, be careful with forex trading. Forex products are complex and very risky, thus not suitable for everyone. To learn more about the basics of trading forex, check out our forex trading 101 pages. Once you feel comfortable with the fundamentals of forex trading, you may want to read further about forex trading strategies.

For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers.

Why trust BrokerChooser?
  • Live account testing : we open live accounts at each broker and test their services based on our unique methodology
  • Safety above all : we only recommend safe brokers (certified and regulated)
  • Unbiased and independent : our partnerships do not affect our scoring and verdicts
  • Regular data updates : information on our site is up-to-date at all times
  • Fully accessible : you can always reach us if you have questions: [email protected]

Best forex brokers
Trading fee comparison of the best forex brokers

To have a clear picture of forex fees, we calculated a forex benchmark fee for major currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers. This is what your overall fee would be if you took a $20,000 position, held it for a week and then closed it. We used 30:1 leverage, the maximum available for major currency pairs at many forex brokers.

Saxo Bank Fusion Markets CMC Markets Interactive Brokers Capital.com
EURUSD benchmark fee $7.1 $5.2 $8.8 $10.4 $8.7
GBPUSD benchmark fee $5.5 $3.2 $5.8 $8.3 $6.6
AUDUSD benchmark fee $5.7 $2.5 $8.2 $7.9 $6.1
EURCHF spread 1.4 0.6 2.5 0.4 1.8
EURGBP benchmark fee $8.7 $5.7 $10.2 $10.7 $10.9

Best forex brokers
Non-trading fees of the best online forex brokers

Saxo Bank Fusion Markets CMC Markets Interactive Brokers Capital.com
Account fee No No No No No
Inactivity fee Yes No Yes No No
Withdrawal fee $0 $0 $0 $0 $0

Best forex brokers
Currency pair selection offered by the top forex brokers

Saxo Bank Fusion Markets CMC Markets Interactive Brokers Capital.com
Currency pairs (#) 190 89 338 105 138

Best forex brokers
Other category scores for the best online forex brokers

Saxo Bank Fusion Markets CMC Markets Interactive Brokers Capital.com
Desktop platform score 5.0 stars 3.4 stars 3.4 stars 3.8 stars 3.4 stars
Research score 5.0 stars 4.0 stars 5.0 stars 4.3 stars 3.8 stars
Charting quality Great Mid-range Great Great Great
Education score 4.5 stars 1.5 stars 5.0 stars 4.5 stars 5.0 stars
Deposit and withdrawal score 4.8 stars 4.4 stars 4.8 stars 3.0 stars 4.5 stars
Customer service score 4.0 stars 4.5 stars 4.5 stars 3.4 stars 4.5 stars

You can read about additional aspects of forex trading and trading platforms in general at the end of this article. But first, let's see the top forex brokers in 2022 for Slovenian citizens one by one, starting with the winner, Saxo Bank.

Saxo Bank Logo

#1 Best forex broker
Saxo Bank

4.8

Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).

Saxo Bank is a global service provider and as such it operates a number of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Markets UK.

Being regulated by top-tier financial authorities, having a long track record and a banking background are all good signs for Saxo Bank's safety.

HEADS UP: Recent issues with account opening – Saxo Bank seems to have a delay in sending you a crucial URL needed to start your account opening. For more info, see Saxo Bank account opening issues in the review's 'Account opening' chapter. Don't want to wait to open an account? Check out some Saxo Bank alternatives.

Recommended for investors and traders looking for a great trading platform and solid research

Pros Cons
Great trading platform High bond, options and futures fees
Outstanding research High minimum deposit
Broad product portfolio Lacks live chat and 24/7 availability

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#1 Saxo Bank
Fees

Saxo Bank has low fees when it comes to buying and selling currency pairs.

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#1 Saxo Bank
Desktop trading platform

Saxo Bank's desktop trading platform is one of the best on the market. It is well designed, easy to use and offers great customizability.
Best forex brokers - Saxo Bank trading platform

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Fusion Markets Logo

#2 Best forex broker
Fusion Markets

4.5

Fusion Markets is an Australian discount forex broker founded in 2010. It is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders looking for low fees and a chance to use the metatrader 4 platform

Pros Cons
Low trading and non-trading fees Basic educational tools
Fast and easy account opening Limited product selection
Great customer service No investor protection

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Fees

Fusion Markets has low fees when it comes to buying and selling currency pairs.

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74-89% of retail CFD accounts lose money

#2 Fusion Markets
Desktop trading platform

In design and functionality, Fusion Markets's MetaTrader 4 desktop platform is almost the same as the web trading platform. A major difference is that you can set price alerts here.
Best forex brokers - Fusion Markets trading platform

Visit broker More
74-89% of retail CFD accounts lose money

CMC Markets Logo

#3 Best forex broker
CMC Markets

4.5

CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange.

Having a long track record, being listed on a stock exchange and being regulated by top-tier authorities are great signs for CMC Markets' reliability.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for an advanced trading platform with many research tools

Pros Cons
Low forex fees High stock CFD fees
Great web and mobile platforms Only CFDs are available
Advanced research and educational tools Customer support only 24/5

Visit broker
69% of retail CFD accounts lose money

#3 CMC Markets
Fees

CMC Markets has low fees when it comes to buying and selling currency pairs.

Visit broker More
69% of retail CFD accounts lose money

#3 CMC Markets
Desktop trading platform

CMC Markets doesn't have its own desktop platform, leaving you with MetaTrader 4 as your only option. In design and functionality, MT4 is way behind CMC's web platform.
Best forex brokers - CMC Markets trading platform

Visit broker More
69% of retail CFD accounts lose money

Interactive Brokers Logo

#4 Best forex broker
Interactive Brokers

4.9

Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.

Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.

In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.

Recommended for traders looking for broad market access and a professional trading environment

Pros Cons
Low trading fees Complicated account opening process
Wide range of products Complex desktop trading platform
Many great research tools Understaffed customer service

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#4 Interactive Brokers
Fees

Interactive Brokers has average fees when it comes to buying and selling currency pairs.

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#4 Interactive Brokers
Desktop trading platform

IB's desktop platform, TWS comes with great customizability and advanced order execution, but it's not user-friendly and caters more to advanced traders.
Best forex brokers - Interactive Brokers trading platform

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Capital.com Logo

#5 Best forex broker
Capital.com

4.7

Capital.com is a global CFD broker founded in 2016. It has offices located in the United Kingdom, Cyprus, Australia, Seychelles and Gibraltar where each is authorized and regulated locally respectively by the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority of Seychelles (FSA).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for investors and cfd traders looking for a great trading platform and excellent customer service

Pros Cons
Low forex CFD fees and commission-free real stocks High stock index CFD fees
Great account opening experience Only CFD, real stock, and spread betting (for UK clients) available
Excellent email and chat support Smaller account currencies not available

Visit broker
83.45% of retail CFD accounts lose money

#5 Capital.com
Fees

Capital.com has low fees when it comes to buying and selling currency pairs.

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83.45% of retail CFD accounts lose money

#5 Capital.com
Desktop trading platform

Capital.com's desktop trading platform is provided by MetaTrader. It's customizable and supports price alerts, but it lacks a two-step login, the design is outdated, and it's not available in the UK.
Best forex brokers - Capital.com trading platform

Visit broker More
83.45% of retail CFD accounts lose money

Best forex brokers
What is a forex trading platform?

You've read our list of the best brokers for forex, but if you want to further explore the world of trading forex, below are a few important questions you need to get a grip on.

What do we mean by forex trading platforms? Strictly speaking, a trading platform is the portal or interface provided by your broker where you can:

  • place buy and sell orders
  • deposit or withdraw funds
  • track your portfolio
  • view research material such as charts, news or analysis
  • read educational materials about trading forex

This can be a web browser-based platform, a downloadable desktop app or a mobile app.

More broadly speaking, a forex trading platform is simply an online broker that offers forex trading. It's in this sense that we use the term here when listing the best forex trading platforms - in other words, the best brokers for forex trading.

Many of the best forex brokers offer multiple trading platforms, often providing all three types - web, desktop and mobile.

  • Web platforms are offered by nearly all forex brokers. To use these online trading platforms, you simply go to the broker's website and log in to a secure client area to access the actual trading platform and all trading tools.
  • A desktop app can be either a proprietary trading platform developed by the broker, or a third-party tool such as MetaTrader. These desktop trading platforms are often targeted at more advanced forex traders.
  • By contrast, mobile apps are great for trading on the go or checking the latest market news, but they're often not ideal for using more complex research tools such as charts.

Best forex brokers
Do I need a broker for trading forex?

Yes, you need to open an account at an online broker if you want to trade forex. At a good online forex broker, this takes only a short time and minimal hassle. In fact, some of the best online trading platforms will verify your new account in less than a day and require little or no minimum deposit.

So what does a forex broker do? Put simply, it lets you buy and sell foreign currencies, by acting as an intermediary between you and the rest of the market. There are hundreds of reliable forex brokers to choose from, and the forex market itself is a highly liquid market that is open around the clock; making forex trading relatively accessible for everyone.

However, the top trading platforms offer a lot more than simply executing your buy or sell orders.

  • They provide sophisticated charting tools that let you analyze price movements.
  • They have news feeds and calendars that help you stay on top of market-moving news.
  • Many of the best brokers for forex also offer educational material such as articles or videos that explain the basic concepts and smaller nuances of forex trading.
  • Some of the best forex brokers also offer social trading, also called copy trading - the chance to take a peek at other forex traders' activity and copy their successful strategies.

Best forex brokers
Is forex trading safe?

Are forex brokers reliable? For all the legit and trustworthy forex brokers out there, you can run into just as many shady operators or downright scams.

So how to tell if a forex trading platform is safe and your money won't be stolen? The most important thing to consider is regulation. Regulatory bodies across the world create and enforce rules that forex brokers must comply with. Some of these regulators are more stringent than others, meaning better protection for your money.

The best forex brokers are often regulated by either the US Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or other similar top-tier authorities. Please note that forex brokers often operate via separate legal entities in different regions of the world, meaning that not all clients may belong under the same regulator.

How can I tell if my forex broker is regulated? This information, often including a registration number, should be available on the broker's website. You should then double-check it on the regulator's website. Sounds like too much trouble? Don't worry - we at BrokerChooser only review and recommend forex brokers that are regulated by at least one top-tier authority. If you still want to broaden your search for the best forex trading platform, here are a few tips on how to spot and avoid scams.

For added peace of mind, you may also look at other factors, such as how long the broker has been in operation, or whether it has a well-known and reputable parent company.

While the best brokers for forex are properly regulated and keep you safe from fraud, trading forex is not without risks. Because you will be trading with leverage, even a small change in prices can translate into big gains or losses. As the forex market can be very volatile, a sudden price movement in the wrong direction can, in the worst case, wipe out all or a sizable portion of your money.

Best forex brokers
Tips for choosing a forex broker

To find the best trading platform for forex trading, you need to consider several factors. While our toplist of the best brokers for forex is a good place to start, you may want to check in detail if these platforms are really the best for you.

Regulation and safety

As we have noted above, having a sound regulatory background is of utmost importance. But there are other aspects to safety you might want to consider. For example, many of the top trading platforms require two-step authentication for login, reducing the likelihood of unauthorized access to your account.

Trading fees and costs

Whatever pricing method your broker applies (see more on these below), trading commissions and other fees can make a big difference to your forex trading profits at the end of the day, so it's worth shopping around.

Demo account

Many of the best online trading platforms offer demo accounts (also known as paper trading accounts), where you can test your trading skills and strategies using virtual money and running no actual risk. Demo accounts are also great for trying out the various features and tools of the trading platform.

Trading platform quality

Whether you are a beginner or an advanced trader, you will want a web/desktop platform or mobile app that is easy to use and has all the functions you need. Some of the best forex trading platforms are customizable, allowing you to create a workspace where the most important tools are literally at your fingertips.

Minimum deposit

Many of the top trading platforms require you to make no minimum deposit (or only a relatively small amount) when opening an account. This allows you to start forex trading and learn the basics without committing too much of your capital and exposing yourself to too much risk.

Number of currency pairs to trade

While some currency pairs such as EUR/USD and GBP/USD are offered by most forex brokers, many of the best trading platforms will also offer so-called minor or exotic pairs, meaning the currencies of smaller countries. Some online forex brokers will offer hundreds of currency pairs for trading.

Research and educational tools

To understand the forex market and the ins and outs of currency trading, you will need great research and educational tools. The best forex brokers will offer you advanced charting, trading recommendations, news feeds, educational articles, platform tutorial videos and more.

Customer service

In case something goes wrong with your trade or if the trading app breaks down, it's important to have immediate assistance from your broker. If you want to find the best trading platform, look for one that offers 24/7 support, either via phone or live chat.

Best forex brokers
What are the costs of forex trading?

If you're looking for the best forex trading platform, make sure to check out all fees and costs associated with trading and with maintaining your account. These fall into two broad categories: trading fees and non-trading fees.

Trading fees

In the case of forex trading, trading fees can be charged in two ways. It is either a commission, charged as a percentage of the trade value while you're paying a market-based buy-sell spread. Or, it can be incorporated into the buy-sell spread - think of it as the broker giving you a wider spread than it gets from the market.

The spread is usually quoted in pips - a pip is one ten-thousandth of a point. So, for example, if a currency pair is quoted 1.1234 for Sell and 1.1238 for Buy, the spread would be 4 pips.

Holding a leveraged forex position overnight will involve a financing cost. The financing rate changes daily, and it can add up to a significant part of your overall costs if you hold your positions for a longer period of time.

Non-trading fees

Non-trading fees may include inactivity fees, withdrawal fees or account maintenance fees. Some of the best forex brokers charge no such fees at all.

Feel free to explore our more detailed overview of fees and costs at forex and stock brokers.

Best forex brokers
Can I trade forex with $100?

Yes, it's possible to trade forex with just $100 or even less. Most of the top forex trading platforms offer so-called micro accounts, which allow you to trade as little as 1,000 units of a currency pair. This is called a micro lot; a standard lot would be 100,000 units. Trading one EUR/USD micro lot using 20:1 leverage would require you to deposit just a little over $50. Read on to learn more about trading with leverage.

Trading with such small amounts is a good way to learn the basics of forex trading or to test a new trading strategy while running reasonably low risk.

The most popular foregn currency pairs are those that include the US dollar or the Euro, such as EUR/USD, USD/JPY, GBP/USD or EUR/GBP. Other currencies that are relatively popular in various pairings include CAD, CHF, AUD and HKD. Because of high market liquidity, popular currency pairs such as EUR/USD often come with lower spreads (and therefore lower trading costs for you) than more exotic currency pairs.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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Visit Fusion Markets
74-89% of retail CFD accounts lose money
Visit CMC Markets
69% of retail CFD accounts lose money
Visit Capital.com
83.45% of retail CFD accounts lose money
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