FPI

FPI Broker Overview

FPI is the trading identity of Focal Point Investments AD, a Bulgarian investment intermediary based at 73 Todor Aleksandrov Blvd. in Sofia. The company describes itself as a non-bank financial institution operating on the capital market and states that it belongs to the Zenith Investment Holding group. Its business is securities brokerage, portfolio management and investment advice on Bulgarian and foreign markets rather than retail margin trading in currencies or contracts for difference.

FPI Regulation and License

Focal Point Investments AD states on its own About page that it is a licensed investment intermediary holding licence No RG-03-0156 dated 19 April 2023, issued by the Bulgarian Financial Supervision Commission under Resolution No 1087-IB of 8 November 2006. The licence is presented as covering reception and transmission of orders, execution of orders on behalf of clients, portfolio management, investment advice and the placing of financial instruments without a firm commitment basis, together with a set of ancillary services including safekeeping and administration of client financial instruments.

This is a claim published by the company. It is corroborated by the company's entry in the Bulgarian Commercial Register, whose registered scope of business for UIC 121712048 lists exactly those investment services under the Markets in Financial Instruments Act, but it was not confirmed against the Financial Supervision Commission's own public register in the course of this research.

Is FPI Regulated?

On the evidence available, yes, but as a claimed rather than independently confirmed position. The company names a supervisor, a licence number and an issuing resolution, and its registered corporate purpose is consistent with them. A reader who needs certainty should ask the Financial Supervision Commission to confirm the licence directly before committing funds.

Focal Point Investments AD

The operating company is Focal Point Investments AD, a Bulgarian joint-stock company registered under UIC 121712048 in the Commercial Register kept by the Registry Agency. Its status there is active, its registered office matches the address published on the website, and its company file dates back to 1998. The same entity is recorded under LEI 8945007Z03V9YKM35D18. The brand FPI and the legal company are the same business, which removes a common source of confusion.

Is FPI Safe?

The identity side of the business is unusually clear for a firm of its size: a named joint-stock company, an active registry entry, a paid-in capital of 918,000 euro, a named board and a physical Sofia office that matches the register. The open question is regulatory confirmation, since the licence rests on the company's own publication. There is also no published information about how client money is protected beyond the general regime that applies to a licensed Bulgarian intermediary, so a prospective client should ask for that in writing.

FPI Spreads, Commissions and Fees

Pricing is commission based rather than spread based. For orders on the Bulgarian Stock Exchange the company publishes a commission of 2 percent of turnover with a minimum of 20 BGN for orders up to 99,999.99 BGN, 1.5 percent for orders between 100,000 and 999,999.99 BGN, and a negotiable rate above 1,000,000 BGN. A full tariff of fees and commissions is published in the company's document library.

FPI Trading Platforms

The company does not offer a retail trading terminal of its own. Orders are worked on the Bulgarian Stock Exchange, which runs on the Deutsche Boerse T7 trading system, and settlement is on a T+2 cycle through the Central Depository. There is no MetaTrader installation, no web trader and no mobile trading application published on the site.

FPI Deposits and Withdrawals

No card, wallet or instant funding channels are advertised. The service is settled through cashless bank transfers via the Central Depository, and account opening is done by downloading an application form, signing it with a qualified electronic signature and returning it by email.

FPI Support

Support is a single office line on +359 2 986 09 11 and the address office@focalpoint.bg, staffed Monday to Friday from 09:00 to 17:30. There is no live chat and no out of hours cover. The site is published in Bulgarian and English.

FPI Pros and Cons

• Named, active and verifiable operating company with a registered office that matches its published address.
• A supervisor, a licence number and a licensed scope of services are all published rather than merely implied.
• Regulatory standing rests on the company's own publication and was not confirmed on the supervisor's register.
• No retail trading platform, no leverage products and no online funding methods.
• Support is office hours only, through one phone number and one email address.

FPI Review and Assessment

FPI is best understood as a conventional Bulgarian investment intermediary rather than a retail currency broker. Anyone arriving expecting margin trading, leverage or a MetaTrader account will not find one here. For an investor looking for execution and custody on the Bulgarian market, the important step before signing anything is to obtain independent confirmation of licence No RG-03-0156 from the Financial Supervision Commission and to read the published tariff and general terms in full.