eToro's zero-commission real stocks and fractional share offering make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
Read ReviewFSC
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Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
Maximum retail client leverage under this jurisdiction.
Bulgaria's Financial Supervision Commission regulates capital markets, insurance, and supplementary social security under EU MiFID II. FSC-licensed investment firms can passport services across the European Union and clients benefit from ESMA leverage caps and the Bulgarian Investor Compensation Fund. Most global brokers serve Bulgarian traders via EU-passporting arrangements.
Verify on official register
Check a broker's licence status directly on FSC's public register.
FSC Regulated Stock Brokers
2 brokers
XM offers share CFDs on 1,200+ stocks across major global exchanges under CySEC, ASIC, and FSC regulation - one of the widest share CFD selections available among multi-asset regulated brokers.
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Find my brokerFrequently Asked Questions
FSC is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 2 stock brokers regulated by FSC. The full list is shown above, sorted by overall trader rating.
FSC is based in Bulgaria and covers the European Union jurisdiction. As a Tier 2 regulator, it provides meaningful oversight, though investors should also verify whether a broker holds an additional Tier 1 licence for added protection.
Visit the official FSC website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of FSC in Bulgaria. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.