FSCBulgariaTier 3Licence number
РГ-03-0238
View licence record- Licence holder
- Held by Де Ново EAD
- DE NOVO
- Licence type and regime
- Dealing in securities
- Offshore
Not checkedChecked
At a glance
Regulation on record for DE NOVO
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 1
DE NOVO has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. We located 1 of 1 on the issuing authority’s own register.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
The registers print these licences under Де Ново EAD. Searching a register for the trading brand alone may return nothing — use the name above.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for DE NOVO, strongest authority first.
1 record
- FSCBulgariaTier 3
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- FSC registerOpen register
Protection
What this licence protects
FSC's own rules for the firms it authorises.
- Compensation schemeDepositors’ Compensation Scheme covers up to £50,000 per individual depositor
- Negative balance protection
- Complaints routecomplaints handled by regulated entity or Financial Services Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by DE NOVO
Answered from the register entries on this page.
Most Popular Questions
Because the operating entity is a Bulgarian company recorded as an investment intermediary, complaints would in principle run to the Financial Supervision Commission and to Bulgarian courts, and the company is a member of Central Depository AD and of the Bulgarian Stock Exchange in Sofia. The practical difficulty is that the company's own Client Protection page is published with unfinished placeholder text, so it sets out no complaints procedure, no compensation arrangements and no statement on how client money and instruments are held. Those protections should be established in writing before an account is funded.
Yes. The company offers a discretionary individual portfolio management service in which client assets are managed at its own discretion without separate instructions, across three portfolio types that differ by structure, risk level and permitted instruments. It describes the service as aimed at wealthier individuals with longer-term horizons and at institutional investors such as insurance and health insurance companies, and clients may impose their own limits on the investment process.
By telephone on +359 2 9505 194 or +359 2 9506 123, by email at contact@denovo.bg, or in person at 28 Hristo Belchev Street, 1000 Sofia. The company states its team is available every working day from 9:30 to 17:00. There is no live chat and no support ticket portal.
The company publishes no list of accepted or restricted countries, and it has no online registration form, so there is no country selector that would reveal which residencies it onboards. Its offering, its office and its market focus are Bulgarian, and it says clients may correspond in Bulgarian, English, French, German, Hungarian or Russian. Eligibility has to be confirmed with the company directly.
This is not published. The company states no withdrawal processing time anywhere on its website, and its withdrawal terms sit inside its Bulgarian-language General Terms rather than on a public page. Getting the withdrawal timetable in writing before depositing is a reasonable precaution with any firm that does not publish it.
The company publishes no deposit or withdrawal information at all: no payment methods, no fees, no processing times and no limits, and it has no funding or payments page. Funding is evidently arranged through the client relationship rather than documented publicly, so the terms on which money can be paid in and taken out are not knowable before contacting the firm.
None is named. The company describes its services in terms of markets and instruments rather than software, and publishes no platform section, no web terminal and no download links. It does operate an access-controlled client login area, and it says online messaging is available for contacting support.
No maximum leverage is published. The site confirms that margin foreign exchange trading and margin contracts for difference are offered, but states no leverage ratio for any instrument or account. As a Bulgarian investment firm it would fall within European retail leverage limits, but since the company publishes no figure of its own, none is stated here.
DE NOVO offers a wider instrument range than a typical retail forex broker. Its own services pages list shares on the Bulgarian Stock Exchange in Sofia, on the Frankfurt Stock Exchange and XETRA and on international markets, mutual fund and exchange traded fund units, corporate bonds including the Eurobond market, Bulgarian government bonds on both the primary and secondary markets, exchange traded options on XETRA, contracts for difference on shares and commodities, and both standard and margin foreign exchange trading.
The company publishes a Schedule of Fees and Commissions, most recently updated on 1 August 2025 to reflect the introduction of the euro in Bulgaria, but only as a Bulgarian-language document. No spreads, commissions or financing charges are stated in English on any page, so the cost of trading cannot be established from the English site alone.
The company does not publish a minimum deposit. No figure appears anywhere on its website, and its account-opening terms are set out only in its Bulgarian-language General Terms. Anyone considering an account should ask the company directly for the minimum in writing before committing funds.
Since 12 January 2012, which is the first entry date on its Bulgarian Commercial Register record, giving it a fourteen year operating history. That is corroborated by the company's own site, which carries a 2012 copyright line and publishes annual reports for every year from 2012 through 2025.
Nothing found in this assessment supports calling DE NOVO a scam. The company is a real, named, active Bulgarian legal entity that has been on the national commercial register since January 2012, files annual reports every year, and publishes a live corporate events service for the Bulgarian market. The genuine criticism is disclosure rather than legitimacy: the site does not publish a licence number, any trading conditions, or any funding terms, and three of its own legal pages are unfinished.
The operating company is Де Ново EAD, a Bulgarian sole owner joint-stock company with unified identification code 201850473, registered at 28 Hristo Belchev Street, 1000 Sofia. Its entire capital is held by ДЕ НОВО ПАРТНЕРС AD, UIC 203975034, a Bulgarian holding and consultancy company at the same address. The operating company's board of directors comprises Йордан Дамянов Попов, Петър Николов Манов and Христо Иванов Братинов.
DE NOVO has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
DE NOVO holds licence records issued by FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by DE NOVO comes from a tier-1 or tier-2 authority.
We located 1 of the 1 licence records held by DE NOVO on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
The registers print them under Де Ново EAD. A licence is often held by a subsidiary rather than the trading brand, which is why searching a register for the brand name alone can return nothing.
DE NOVO has licence records in Bulgaria. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.