DE NOVO

DE NOVO Broker Overview

DE NOVO is the trading name of Де Ново EAD, a Bulgarian sole owner joint-stock company registered in Sofia under unified identification code 201850473 and incorporated on 12 January 2012. It operates as an investment intermediary rather than as a retail contracts-for-difference shop, offering access to Bulgarian and international equities, mutual fund and exchange traded fund units, corporate and government bonds, exchange traded options on XETRA, contracts for difference on shares and commodities, standard and margin foreign exchange trading, and a discretionary individual portfolio management service. The company publishes no trading platform, account tier, spread or leverage information on its website.

DE NOVO Regulation and License

The operating entity is Де Ново EAD, UIC 201850473, registered in Sofia, Bulgaria. On its own About Us page the company states that its activity is directly regulated by the Markets in Financial Instruments Act and by Ordinance No.38 of the Financial Supervision Commission on the Requirements to the Activity of Investment Intermediaries, and that it is directly supervised by the Financial Supervision Commission. It also states membership of Central Depository AD and of the Bulgarian Stock Exchange in Sofia.

That standing is corroborated by the entity's own entry in the Bulgarian Commercial Register, which records Де Ново EAD under special conditions as an investment intermediary and sets out a scope of business covering reception and transmission of orders in financial instruments, execution of orders for the account of clients, dealing on own account, portfolio management, investment advice and the underwriting and placement of issues. The company does not publish a licence number anywhere on its website, and the authorisation was not verified against the authority's own register for this profile. On that basis the regulatory position is best described as stated by the company and corroborated by the commercial register, but not independently confirmed against the supervisor.

Is DE NOVO Regulated?

The company presents itself as a supervised Bulgarian investment intermediary, and the commercial register records it as one, so this is not an unregulated offshore operation. What is missing is the specific licence reference: no permit number, issue date or scope document is published in English, so a prospective client cannot check the authorisation themselves from the website alone.

Де Ново EAD

Де Ново EAD is wholly owned by ДЕ НОВО ПАРТНЕРС AD, UIC 203975034, a Bulgarian joint-stock company incorporated on 16 March 2016 and registered at the same Sofia address. The parent's registered scope is consultancy, market research and the management of shareholdings, and it holds no investment services permission of its own, so the entity a client contracts with is Де Ново EAD. Paid-in capital of the operating company stands at EUR 808,095 across 1,584,500 shares, and its board of directors comprises Йордан Дамянов Попов, Петър Николов Манов and Христо Иванов Братинов.

Is DE NOVO Safe?

The corporate side of this firm stands up to checking: a single consistent legal entity, active on the national register, at the street address it publishes, with a fourteen year record and audited annual reports filed for every year from 2012 to 2025. Set against that, the company publishes almost none of the commercial detail a retail client would need before funding an account, and the pages on its own site headed Client Protection, Disclaimer and Legal Stuff carry unfinished placeholder text rather than the protections they promise. Regulation and corporate longevity reduce the risk of the operator disappearing; they do not substitute for terms a client can read before depositing.

DE NOVO Spreads, Commissions and Fees

The company publishes a Schedule of Fees and Commissions and General Terms, both as Bulgarian-language documents, and updated its fee schedule on 1 August 2025 to reflect the introduction of the euro in Bulgaria. No spread, commission or financing figures are published in English, and no minimum deposit is stated.

DE NOVO Trading Platforms

No trading platform is named on the company's website. The order-driven services are described in terms of markets and instruments rather than software, and there is no download page, web terminal or platform section.

DE NOVO Deposits and Withdrawals

The company publishes no deposit or withdrawal page, no payment methods and no processing times or limits. Funding arrangements are handled through the client relationship rather than documented publicly.

DE NOVO Support

Support runs on office hours rather than around the clock: the team is available every working day from 9:30 to 17:00 on +359 2 9505 194 or +359 2 9506 123 and by email at contact@denovo.bg, from the office at 28 Hristo Belchev Street, 1000 Sofia. The company states that clients may correspond in Bulgarian, English, French, German, Hungarian or Russian, but that contractual documents are prepared only in Bulgarian and English.

DE NOVO Pros and Cons

Strengths

• A single, named, verifiable legal entity active on the Bulgarian Commercial Register at its published address.
• Recorded on that register as an investment intermediary with a full scope of investment services, and stated by the company to be supervised by the Financial Supervision Commission.
• A fourteen year operating record with annual reports published continuously from 2012.
• Broad instrument access across equities, funds, bonds, options, contracts for difference and foreign exchange, plus discretionary portfolio management.

Limitations

• No licence number is published, so the authorisation cannot be checked from the site.
• No spreads, commissions, minimum deposit, leverage, account tiers or trading platform are disclosed.
• No deposit or withdrawal information of any kind is published.
• The Client Protection, Disclaimer and Legal Stuff pages are unfinished placeholder text.
• The binding documents are available only in Bulgarian, which limits what a non-Bulgarian-speaking client can read before signing.

DE NOVO Review and Assessment

DE NOVO reads as a long-established local investment intermediary serving Bulgarian and institutional clients through a relationship-led onboarding process, not as an internationally marketed retail brokerage. Its identity and its regulatory framing hold up well; its public disclosure does not. The single most important step before opening or funding an account is to obtain the licence reference and the General Terms directly from the company and, if you do not read Bulgarian, to secure a binding English version of the documents you will be held to.