FSC (BG) regulated forex brokers
Financial Supervision Commission of Bulgaria · 🇧🇬 Bulgaria
The Financial Supervision Commission of Bulgaria (FSC (BG)) is the financial regulator for Bulgaria, established in 2003. ForexLicenses.com classifies it as tier 2 (strong regulation). We currently match 2 brokers in our database to an FSC (BG) licence.
Bulgaria's FSC supervises investment intermediaries including Trading 212's EU entity, which serves millions of European clients. Bulgarian investment firms are members of the national Investor Compensation Fund.
Key rules for retail clients
- Tier
- Tier 2 — Strong regulation
- Compensation
- Investor Compensation Fund — 90% up to BGN 40,000
- Leverage
- 30:1 on major FX pairs (ESMA rules)
- Negative balance protection
- Required for retail clients
- Client money
- MiFID II client asset rules
- Complaints
- Conciliation Commission for Payment Disputes
Brokers licensed by the FSC (BG) 2
Frequently asked questions
How do I check if a broker is FSC (BG) regulated?
Search the firm's name or licence number on the FSC (BG) official register (https://www.fsc.bg/en/investment-intermediaries/), confirm the status is current and that the website domain you're using is listed, then check the FSC (BG) warning list for clones.
Does the FSC (BG) offer investor compensation?
Investor Compensation Fund — 90% up to BGN 40,000
What leverage do FSC (BG)-regulated brokers offer?
30:1 on major FX pairs (ESMA rules)
Is negative balance protection required by the FSC (BG)?
Yes. Negative balance protection is required for retail clients of FSC (BG)-regulated firms.