Forex and CFD Brokers Bulgaria
In Bulgaria, the financial regulatory authority is the Financial Supervision Commission (FSC). The FSC is an independent government agency responsible for the supervision and regulation of the financial sector in Bulgaria. Its main objective is to ensure the stability, integrity, and transparency of the financial markets, as well as to protect the interests of consumers and investors.
CFD stands for Contract for Difference. It is a popular derivative product that allows traders to speculate on the price movements of various financial instruments without owning the underlying asset. CFDs provide an opportunity to profit from both rising and falling markets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.