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Financial Supervision Commission

FSC · Bulgaria · Established 2003

Financial Supervision Commission (FSC) is the financial regulator of Bulgaria, established 2003. It caps retail leverage at 1:30, requires negative balance protection and segregated client funds, and compensates clients up to EUR 20,000 if a firm fails.

Official register

Check a firm's licence yourself

What this licence gets you

The rules a firm has to follow to keep this licence. A dash means we hold no answer on file, which is not the same as a no.

Maximum leverage, retail
1:30
Maximum leverage, professional
1:500
Compensation if the firm fails
EUR 20,000
Negative balance protection
Required
Client funds held separately
Required
Hedging
Permitted
FIFO order closing
Not mandatory
Supervision covers
Capital Markets, Insurance, Social Security
Body type
Government

About FSC

Bulgaria's FSC supervises non-banking financial institutions and capital markets. EU member with harmonized regulations.

  • MiFID II compliant
  • EU passporting rights
  • Growing market

No listed broker holds a FSC licence

None of the brokers in our database holds an active licence from this authority. That is a statement about our listings, not about the regulator.