Trading Conditions


Trading conditions and payment

No fees are required for using the ELANA BG Trader

Trading commission fees
for turnover up to BGN 100 000 0.6% of the transaction value;
minimum BGN 3 on a transaction
for turnover over BGN 100 000 * 0.5% of the transaction value *,
minimum BGN 3 on a transaction.
for over BGN 1 million * upon negotiations
Trading conditions for using the ELANA BG Trader No fees are required
* Preferential commissions are not offered for a fixed long-term turnover but only for reaching a certain level at least once.

Custody fees

  • Annual custody fee for securities – 0.05%
  • Annual custody fee for cash – 0.25% on total value

Payment terms

  • No minimum of funds is required by ELANA Trading when opening a trading account
  • To start trading, you only need to make sure you have the funds you need in the trading account
  • Note: Trading Bulgarian Government securities on the Bulgarian Stock Exchange is free of fees from 1 November 2017 till 30 September 2018

Download the list of all fees and commissions

How to fund your trading account

ELANA Investment centre

Cash at any ELANA Investment centre – the maximum amount by law is BGN 10 000 or the equivalent in any other currency. No fees are charged.

By bank transfer

at any of the preferred currency accounts of ELANA Trading:

Bank Accounts
Bank Eurobank Bulgaria
Beneficiary ELANA Trading AD
Account BGN BIC BPBIBGSF IBAN: BG70BPBI79421032765004
Account USD BIC BPBIBGSF IBAN: BG62BPBI79401101132204
Account EUR BIC BPBIBGSF IBAN: BG81BPBI79401401132201
Bank Raiffeisenbank Bulgaria
Beneficiary ELANA Trading AD
Account BGN BIC RZBBBGSF IBAN: BG33RZBB91551060098607
Bank Piraeus Bank Bulgaria
Beneficiary ELANA Trading AD
Account BGN BIC PIRBBGSF IBAN: BG04PIRB80731605421048

By debit or credit card

ELANA Trading customers can fund their accounts by international debit or credit cards VISA, Visa Electron, MasterCard and Maestro. Visit ELANA Trading Virtual POS Terminal
All fees are listed in ELANA Trading tariff

How to make withdrawals

Withdrawals

ELANA Investment Centre

Withdrawing cash at ELANA Investment Centre – a commission of 0.2% on transaction value is charged
Fill in an online request in ELANA Online Virtual Office

By bank transfer

By bank transfer – no charges
Fill in an online request in ELANA Online Virtual Office

Documents

Any questions? Write to bgtrader@elana.net.