Bulgaria Forex License

Bulgaria Forex License

A forex license in Bulgaria offers lower monthly costs when compared to other regions as well as tax incentives.

Forex brokers interested in establishing a license within the EU are now paying more attention to Bulgaria. Although a license can be established from any EU member state, there are certain countries that offer a faster and more efficient process, Bulgaria being one of them. An additional advantage are the savings in both taxes and monthly fees that brokers can take advantage of when they obtain a forex license in Bulgaria.

Bulgaria Forex Broker License – How Does It Work?

  • The first step in process is selecting a business name and incorporating the company
  • Upon successful company registration, we’ll proceed with the license application
  • During the application process we’ll communicate with you regarding updates and any additional items needed
  • Upon successful approval of the license, we’ll also assist in establishing a bank account

Important Facts Related to an FX License in Bulgaria 

  • €125,000 in capital requirements needed for a pure agency (A-book) model
  • For a market making model, €750,000 in capital is needed
  • A physical office in Bulgaria is required
  • In addition to a physical office, local directors must also be appointed
  • Total time to obtain a license varies between 6 – 8 months

Atomiq Consulting – Your Forex Broker Licensing Partner

If you are curious about how to get to a forex license in Bulgaria, don’t hesitate to contact Atomiq Consulting. Our years of industry experience, attention to detail, and professionalism make us the best partner for establishing forex licenses. We are happy to provide a free quote and overview of our approach.

Contact Us!

To learn more about the set up process, fees, and other questions, don’t hesitate to contact us.

Bulgaria Forex Broker License FAQ

Can this license be passported to other areas?

Yes, once the license has been approved, the broker is allowed to offer forex trading services to all EU member states.

Is Atomiq Consulting able to assist with locating an office?

Yes, we are able to help with obtaining an office and finding local staff to support it.

Which regulator oversees forex activities in Bulgaria?

The Bulgaria Financial Services Commissions (FSC). You can learn more about them by visiting their website.

How long does it take to set up an FX license in Bulgaria?

Although each case is unique, a general estimate is 6 – 8 months. If a license is needed more quickly, an alternative jurisdiction to consider is Vanuatu, where a license can be established more quickly.

Blog Posts

View all posts