ELANA Trading

Elana Trading is a well-regarded forex broker that provides broad market access via modern platforms, plus research, education, and customer support.

Key facts

7.6/10
Our rating
#121
Trust rank
1991
Founded
1
Licences
platform
30
Countries accepted
HeadquartersBulgaria
Broker typeSTP
Regulationplatform
PlatformsMT4, MT5
InstrumentsCommodities, Forex, Indices
Fee levelMedium

Updated

Pros

  • • EU-regulated (FSC Bulgaria, MiFID II); segregated funds
  • • ESMA negative balance protection
  • • Bulgarian Investor Compensation Fund coverage
  • • Advanced web/mobile trading platforms
  • • Local Bulgarian and English support
  • Cons

  • • Only FSC Bulgaria regulation
  • • Retail leverage capped at 1:30 (ESMA)
  • • Investor compensation limit ~€20,000 (Bulgarian ICF)
  • • No guaranteed stop-loss orders (GSLO)
  • • Not available to U.S. clients
  • Key Features

  • • EU Regulation FSC Bulgaria MiFID II
  • • Segregated Client Funds and Negative Balance Protection
  • • Forex and Multi Asset CFDs Indices Commodities Shares
  • • MetaTrader Platforms Desktop Web Mobile
  • • Competitive Spreads and Fast Execution
  • • Investor Compensation Fund Protection
  • How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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