Eurofinance
Eurofinance Broker Overview
Here is every key fact about Eurofinance in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Eurofinance |
|---|---|
| Broker name | Eurofinance |
| Foundation year | 2007 |
| Headquarters | 43 Christopher Columbus Blvd., floor 5 1592 Sofia, Bulgaria |
| Country | Bulgaria |
| Telephone | +359 (0) 700 156 56 |
| Email / Skype | office@eurofinance.bg |
| Fax | +359 (0) 2 981 1496 |
| Regulated by | FSP |
| Type of broker | STP/ECN |
| Min. deposit | $500 |
| Max leverage | 1:500 |
| Min. spreads | 2.0 |
| Funding methods | Bank Wire |
| Withdrawal methods | Bank Wire |
| Base currencies | EUR, USD, AUD |
| Languages | English |
| Trading platforms | MetaTrader 4 (MT4) |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 (MT4), spreads from 2.0, leverage up to 1:500 and a $500 minimum deposit. New clients can also check the current Yes.
Is Eurofinance Safe? Regulation and Company Details
Eurofinance is a regulated broker. FSP. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
FSP
Head office
43 Christopher Columbus Blvd., floor 5 1592 Sofia, Bulgaria (Bulgaria)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2007. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
Eurofinance Trading Conditions
Spreads and commissions
Eurofinance spreads start from 2.0. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4 (MT4)
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This Eurofinance review covers regulation, fees, platforms and bonuses.
Official website: Eurofinance
Eurofinance Account Types
Eurofinance offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $500 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: EUR, USD, AUD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Eurofinance
Eurofinance supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Eurofinance Bonus and Promotions
Bonuses are a big reason traders search for Eurofinance. Availability depends on your country and the account type.
- Yes — the current promotion for Eurofinance clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Eurofinance website before accepting any offer.
Eurofinance Pros and Cons
Pros
- Regulated: FSP
- Yes
- Low $500 minimum deposit
- Spreads from 2.0, STP/ECN execution
- MetaTrader 4 (MT4)
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open an Eurofinance Account
- RegisterFill in your name, email, country and phone number on the Eurofinance sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $500 with your preferred method, claim any eligible bonus, then log in and start trading.
About Eurofinance
Eurofinance Review: Overview
Eurofinance is a forex broker based in Bulgaria, with its head office at 43 Christopher Columbus Blvd., floor 5, 1592 Sofia, Bulgaria. The company was established in 2007 and operates as an STP/ECN broker, which means client orders are passed on to liquidity providers rather than being handled only in-house. The company is regulated by FSP, and its website is available in English.
This review looks at what Eurofinance offers retail traders: how it is regulated, which account types and platforms are available, what the trading conditions look like, how deposits and withdrawals work, what bonuses are offered and how support can be reached. It also sets out the main strengths and weaknesses so you can judge whether the broker suits your trading style.
Trading forex and CFDs on leverage carries a high risk of losing money. Before opening any account, make sure you understand how leverage works and only trade with funds you can afford to lose.
Regulation and Safety
Eurofinance is regulated by FSP. Regulation matters because a licensed broker must follow rules on how it handles client money, how it reports its activities and how it treats complaints. When you assess any broker, the regulator is the first thing to check.
Eurofinance states that client funds are segregated. In practice, segregation means client money is kept separate from the company's own operating funds, which protects your balance if the company runs into financial trouble. It does not remove trading risk, and it does not guarantee that you will recover losses from market moves.
Before you deposit, take these steps:
- Confirm the licence number and the regulator's name on the broker's official website, and check them against the regulator's public register.
- Read the legal documents, including the client agreement, the risk disclosure and the policy on client funds.
- Check which legal entity you would be contracting with, since this can affect your rights.
The company's head office is in Sofia, which gives it a clear physical address for official correspondence. Verifying these details yourself is always a good idea.
Account Types
Eurofinance offers a broad range of accounts, which makes it easier to find a setup that matches your budget and experience level. The available options include:
- Free demo account: a practice account for testing the platform and strategies without risking real money.
- Mini accounts: designed for traders who want to start with smaller positions.
- VIP accounts: higher-tier accounts that are usually aimed at more active or larger-volume traders.
- Islamic accounts: swap-free accounts intended for clients who follow Sharia principles.
- Swap-free accounts: accounts that do not charge overnight swap fees on positions held open overnight.
- Managed accounts: accounts where trading is handled by a professional manager on the client's behalf.
Account base currencies are EUR, USD and AUD. Choosing the right base currency can reduce conversion costs, especially if your deposits and withdrawals are in the same currency. Check the exact requirements for each account type on the official website, because the features and conditions can differ.
Trading Platforms
Eurofinance offers MetaTrader 4 (MT4), one of the most widely used trading platforms in the retail forex market. MT4 is known for its charting tools, indicators and support for automated strategies, so traders who already know the platform will find the setup familiar.
Clients can trade in three ways:
- on the MT4 desktop platform;
- through web trading in a browser, which requires no installation;
- on mobile devices.
Hedging and scalping are allowed, and so is news trading. These are useful details for traders who use these strategies, but rules on execution can still vary, so read the trading conditions carefully before relying on any particular method.
Spreads, Fees and Leverage
Eurofinance advertises a minimum spread of 2.0. Spreads are the difference between the buy and sell price and are one of the main costs of forex trading. The spread you actually pay will depend on the currency pair, market conditions and your account type, so the advertised minimum is only a starting point. The unit of measurement and the spreads for specific pairs should be confirmed on the broker's website.
The minimum deposit is 500. Confirm the currency in which this amount is required before you fund an account, as this detail is not always obvious from a summary.
Maximum leverage is 1:500. High leverage allows you to control a large position with a small amount of capital, but it also magnifies losses as well as gains. A small price movement against you can wipe out your deposit quickly. Leverage available to you may be lower depending on your country of residence and the account type you choose, so check the conditions that apply to you.
Before trading, look into any other costs such as commissions, overnight swap charges, inactivity fees and withdrawal fees. These are not summarised here, so the official fee schedule should be your reference.
Deposits and Withdrawals
Eurofinance accepts deposits by bank wire, and withdrawals are also made by bank wire. Bank transfers are a familiar method for many traders and are generally suited to larger amounts, but they can take longer than card or e-wallet payments and may involve fees from your bank or intermediary banks.
Because bank wire is the only deposit and withdrawal method listed, traders who prefer other payment options may find the choice limited. Check the processing times, any minimum or maximum amounts and the fees for both directions before you transfer funds.
Bonuses and Promotions
Eurofinance offers a welcome bonus and other promotions. It does not offer a no-deposit bonus, so you will need to fund an account to access the bonus offers that are available.
Bonuses can be useful, but they come with conditions that affect whether you can withdraw any profit. These conditions often include trading volume requirements, time limits and restrictions on certain strategies or withdrawals. Bonus terms can also change, so always read the full terms and conditions before you deposit or claim an offer. Do not make a trading decision based only on the size of a bonus.
Customer Support
The Eurofinance website is available in English. Contact details, support hours and the available channels should be checked on the official site before you open an account. If you are looking for a broker with support in several languages, confirm this in advance, since the website information here is limited to English.
When you contact support, keep a record of the conversation and any instructions you receive. This is useful if a dispute arises later.
Pros and Cons
Pros
- Established in 2007, with a head office in Sofia, Bulgaria.
- Regulated by FSP.
- States that client funds are segregated.
- Maximum leverage of 1:500 for traders who understand the risks.
- Offers MetaTrader 4 with web and mobile access.
- Wide range of account types, including demo, mini, VIP, Islamic, swap-free and managed accounts.
- Hedging, scalping and news trading are allowed.
- Account base currencies of EUR, USD and AUD.
- Welcome bonus and other promotions available.
Cons
- Only MetaTrader 4 is listed, so traders who want other platforms will need to look elsewhere.
- Bank wire is the only listed deposit and withdrawal method.
- No no-deposit bonus.
- The website is available only in English.
- Minimum deposit, spread units and fee details need to be confirmed on the official website.
Verdict
Eurofinance is a long-established STP/ECN broker with regulation by FSP, a range of account types and access to the widely used MetaTrader 4 platform. Its offer will suit traders who want a standard MT4 environment, a choice of account types and access to the platform from desktop, browser or mobile. Support for hedging, scalping and news trading also makes it relevant for active traders.
The limited payment options, the single platform and the lack of a no-deposit bonus may be drawbacks for some. Traders should weigh these against their own needs and confirm all current conditions before depositing.
Whatever broker you choose, start with a demo account, read the official terms and only risk capital you can afford to lose. Trading forex and CFDs on leverage carries a high risk of losing money.
Official website: Eurofinance
Frequently Asked Questions
Is Eurofinance a safe broker to use?
Eurofinance is regulated by FSP and states that client funds are segregated. These are important safety measures, but no broker can remove the risk of trading losses. Check the licence details yourself on the regulator's register and read the client agreement before you deposit.
Can I trade on a phone with Eurofinance?
Yes, mobile trading is available, alongside MetaTrader 4 on desktop and web trading in a browser. Test the mobile setup on a demo account first to make sure it works the way you expect.
How should I check the bonus terms before claiming an offer?
Read the full conditions on the official website, paying att
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Eurofinance?
Eurofinance offers a $500 entry cost, MT4 platforms and a track record since 2007.
Eurofinance suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
