Trading conditions

BenchMark Finance provides access to trading in securities listed on the Bulgarian Stock Exchange (BSE) under the following conditions:

Fees and Commissions

Securities Trading via BG Trader Commission Minimum
Trading turnover up to € 51 129.19 / BGN 100 000 0.7% € 0.51 / BGN 1 per trade
Trading turnover above € 51 129.19 / BGN 100 000 0.6% € 0.51 / BGN 1 per trade
Trading turnover above € 511 291.88 / BGN 1 000 000 By agreement
Platform access and maintenance fees None

> The trading turnover must be achieved within one calendar year.

If you reach the required turnover level for a reduced commission, please contact us.

The above commissions do not include the fees of Bulgarian Stock Exchange AD and Central Depository AD.

A detailed description of all fees is available in the BenchMark Finance Tariff, located in the Documents section. 

Trading Hours

Securities traded under continuous trading

  • 09:30 – 10:00 Pre-trading
  • 10:00 – 10:10 Opening auction
  • 10:10 – 16:55 Continuous trading
  • 16:55 – 17:00 Closing auction
  • 17:00 – 17:10 Trade at close
  • 17:10 – 17:30 Post-trading

Securities traded only through auctions

  • 09:30 – 10:00 Pre-trading
  • 10:00 – 10:10 Opening auction
  • 16:55 – 17:00 Closing auction
  • 17:00 – 17:30 Post-trading

Trading Conditions for the BSE International Segment

  • All international shares and ETFs are quoted in EUR, including those originating from the United States and Canada
  • Shares are registered in the client’s name in the Central Depository
  • Shares can be transferred, donated, or inherited
  • The securities are traded on a Multilateral Trading Facility (MTF); therefore capital gains are subject to taxation