Elana Trading Fees Spreads and Commission vary according to the account type that the trader is using. Elana Trading spread list starts from 0.0 pips.
Elana Trading at a glance
| 🔍 Broker's Name | Elana Trading |
| 🏛 Headquartered | Bulgaria |
| 📅 Year Founded | 1991 |
| 🏛 Regulating Authorities | The Financial Supervision Commission (FSC) |
| 🌍 Countries not accepted for trade | 1991 |
| ☪️️ Islamic (swap-free) Account | No |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | Yes |
| 💻 Managed Accounts | Yes |
| 📉 Maximum Leverage | 1:200 |
| 💰 Minimum Deposit | No minimum |
| 💳 Deposit Options | Credit Card/Debit Card Wire Transfer |
| 📊 Platform Types | ELANA Global Trader FOREX359 ELANA BG Trader |
| 📲 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📉 Tradable Assets | Over 180 currency pairs, precious metals, binary options, CFDs, shares, futures, options, and ETF |
| 🌐 Languages supported | English and Bulgarian |
| ☎ Customer Service Hours | 24/5 |
Min Deposit
USD 0
Regulators
FSC
Trading Platform
Elana Global Trader
Crypto
Yes
Total Pairs
180+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Elana Trading Fees Spreads and Commission below.
Elana Trading Fees Spreads and Commission Revealed – A Key 9 Point Quick Overview
- ✅Elana Trading at a glance
- ✅Elana Trading Overview
- ✅Elana Trading Fees and Spreads
- Elana Trading Additional Trading Fees
- Elana Trading Broker Fees
- Elana Trading Pros and Cons
- Elana Trading Customer Reviews
- Conclusion
- Frequently Asked Questions
Here is our overview of the Elana Trading Fees Spreads and Commission and the offered features that could affect your trading.
Elana Trading Overview
Elana Trading is a well-regarded European broker operating out of Bulgaria that was established as far back as 1991. As such, the broker has more than 30 years of experience in the global financial markets and is backed by a large and lucrative parent company, while its team consists of industry experts and analysts.
Elana Trading offers access to currencies, indices, stocks, options, futures, ETFs, CFDs, and commodities. Elana Trading is regulated by the FSC (Bulgaria). The trading of these assets is facilitated on either the MetaTrader 4 platform or the broker proprietary Elana Global Trader platform, each with its own distinct set of tools and features.
The Elana Global Trader is also popular and well-reviewed by users for its Fast Order Execution, Advanced charting, Technical Analysis tool, Market news and analysis, Economic Calendar, Flexible workspace, Stock Screener, Equity Research, and Performance Overview.
Elana Trading is well-regulated to offer a secure trading environment. ELANA Trading AD is registered in Bulgaria and is authorized and regulated by the Financial Supervision Commission (Register number RG-03-0030). For your safety and in compliance with regulations, all clients’ funds are kept separately in segregated bank accounts and are covered by the Investor Compensation Fund Bulgaria.
Elana Trading Fees and Spreads
Traders with Elana Trading can expect the following spread list: Elana Trading provides relatively tight spreads on EUR/USD for the MetaTrader accounts and from 0.0 pips for the Global Trader accounts.
| 💳 FX Minimimum Trade Size | 10000 units |
| 💰 Minimum Deposit | No Min Deposit |
| Tight spreads | |
| 📊 Trading Instruments | over 180 FX Pairs (incl Gold & Silver), FX Forward Outrights, Vanilla Options, 18000+ Stocks on over 30 exchanges, ETFs, ETCs, Futures, Contract Options, Wide variety of Bonds |
The broker offers commission-free trading on both accounts, making for a competitive offer in terms of pricing.
Elana Trading Additional Trading Fees
Elana Trading does not charge deposit fees or withdrawal fees, although a processing fee may be charged by your bank which is beyond the broker’s control. Traders wishing to deposit in smaller currencies should check with the broker regarding conversion fees, as these may chip away at withdrawable funds over time.
The broker does charge swap fees, also referred to as overnight fees. A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.
| 💰 Deposit Fees | ❌ |
| 💰 Withdrawal Fees | ❌ |
| 💰 Swap Fees | ☑ |
A swap-free account is not available for traders of the Muslim faith, for whom such interest is strictly prohibited by Sharia law.
Elana Trading Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution. As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
| No Spread betting feeds apply |
As Elana Trading is not a spread betting broker, so spread betting fees will not apply.
Elana Trading Pros and Cons
| ✔ PROS | ❌ CONS |
| Commission-free trading offered | No Islamic Account is available |
| No deposit fees or withdrawal fees | all fees arent clearly stated on website |
| Tight spreads |
Elana Trading Customer Reviews
Great Platform!
Elana Trading’s BG Trader is by far the best I’ve come across, Elana Trading provides the easiest and most accessible trading platforms – D
Affiliate Programs offered?
I am not sure if Elana Trading offers Affiliate programs to Brokers in South Africa – this can be considered for future offerings – Shannon
No Sign Up Bonus
The Elana website is easy to navigate but I am just disappointed that there are no bonuses or reward programs on offer. – Chrissy
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Min Deposit
USD 0
Regulators
FSC
Trading Platform
Elana Global Trader
Crypto
Yes
Total Pairs
180+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, traders with Elana can enjoy access to numerous assets, and a strong platform offering consisting of advanced and customizable features. Elana Trading is a well-established broker that seeks to incentivize new traders by offering more competitive trading conditions. The Bulgarian forex broker complies with EU regulations to provide access to a wide range of assets, facilitated on the MT4 platform and the broker’s own proprietary software.
Frequently Asked Questions
Will I have to pay any deposit and withdrawal fees with Elana Trading?
No deposit or withdrawal fees are charged by Elana trading, traders should be aware of any fees charged by other Financial Institutions.
Does Elana Trading charge overnight fees?
Elana Trading charges overnight fees on positions held longer than 24 hours.
Is Elana Trading a good low-commission forex broker?
Elana Trading offers accounts that are free from commission therefore the broker can be considered a good low forex broker based on its commission structure.
Does spread betting cost apply to Elana Trading?
No, spread betting fees do not apply to Elana Trading.
Does Elana Trading charge a commission?
Elana Trading provides accounts that are free of commissions.
