EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED
Is Alaric Securities licensed under MiCA in the European Union?
Alaric Securities's European entity (Alaric Securities OOD) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Bulgaria on 22 December 2025.
Verdict: Alaric Securities appears in the ESMA Register of MiCA-Authorised CASPs.
| Legal entity | Alaric Securities OOD |
|---|---|
| Home Member State | Bulgaria |
| National Competent Authority | |
| Authorisation date | |
| Legal Entity Identifier (LEI) | 549300I48OJHSE9OZS95 |
| Authorised services | Custody, Exchange for funds, Exchange for crypto, Order execution, Placing, Order R&T, Portfolio management, Portfolio management on crypto-assets, Transfer services |
Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.
About Alaric Securities
Alaric Securities is an EU-licensed broker-dealer rather than a consumer crypto exchange. Its public site presents the firm as a broker for active traders, hedge funds, asset managers and professional day traders, with direct market access to US stocks, ETFs and options through its Hammer trading platforms. The contracting legal entity is Alaric Securities OOD, headquartered in Sofia, Bulgaria, and the firm states it has around 15 years of industry experience, with founding reported in 2011. Sources: Alaric Securities, Alaric Securities - About Us
On the regulatory point, Alaric Securities OOD is supervised by Bulgaria's Financial Supervision Commission (FSC), and under MiCA the ESMA register lists it as authorised for a broad set of crypto-asset services: custody and administration of crypto-assets, exchange of crypto-assets for funds and for other crypto-assets, execution of orders, placing, reception and transmission of orders, portfolio management (including on crypto-assets), and transfer services. The company describes itself as the first investment broker in Bulgaria to receive MiCA (CASP) authorisation. Sources: Alaric Securities - First crypto licence in Bulgaria, Alaric Securities
For consumers, the practical answer is that the MiCA authorisation is in place but the crypto service is not yet live. Available research indicates Alaric does not currently offer retail crypto features such as spot trading of named coins, custody wallets, savings, staking or a card, and the company states it plans to provide access to the largest cryptocurrencies under its new MiCA authorisation while those offerings remain in the planning phase. Anyone evaluating Alaric should treat it as a regulated capital-markets broker whose crypto-asset services are authorised on paper but not yet a launched consumer product. Sources: Alaric Securities - MiCA perspective, Alaric Securities - About Us
Which crypto services is Alaric Securities authorised to offer in the EU?
Under its MiCA authorisation issued by Bulgaria, Alaric Securities (Alaric Securities OOD) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.
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Providing custody and administration of crypto-assets on behalf of clients
The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.
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Exchange of crypto-assets for funds
The exchange offers crypto-to-fiat (e.g. BTC to EUR) and fiat-to-crypto conversion. Authorisation here implies MiCA's pricing transparency requirements.
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Exchange of crypto-assets for other crypto-assets
The exchange offers crypto-to-crypto trading (e.g. BTC to ETH). Required for most spot trading pairs not denominated in fiat.
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Execution of orders for crypto-assets on behalf of clients
The exchange can place orders for you on third-party venues (smart-routing). Less common in retail crypto; relevant for brokerage-style services.
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Placing of crypto-assets
The exchange can underwrite or distribute new crypto-asset issuances. Relevant for primary offerings and structured token launches.
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Reception and transmission of orders for crypto-assets on behalf of clients
The exchange can receive your order and pass it to another venue for execution. Brokerage-pattern service, often paired with order execution.
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Providing transfer services for crypto-assets on behalf of clients
The exchange can move crypto between addresses on your behalf, including off-platform withdrawals. The Travel Rule applies to these transfers.
Which services is Alaric Securities not authorised to offer?
Alaric Securities's MiCA licence does not cover: Trading platform, Advice, Portfolio mgmt. These services may still be offered by other authorised providers, or by Alaric Securities under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.
See other MiCA-authorised exchanges by service:
What does this mean for users of Alaric Securities in the EU?
If you transact through Alaric Securities's EEA-authorised entity (Alaric Securities OOD), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.
One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in Alaric Securities's terms of service that your contracting entity is Alaric Securities OOD, not a non-EEA affiliate.
Related reading
Understand the regulatory context behind Alaric Securities's entry on the register:
Frequently asked questions about Alaric Securities and MiCA
Is Alaric Securities licensed under MiCA?
Yes. Alaric Securities appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Bulgaria.
Which EU countries can Alaric Securities serve under this licence?
A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.
Are my crypto-assets on Alaric Securities protected under MiCA?
MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.
What's the difference between the authorised entity and the global brand?
Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in Alaric Securities's terms of service.
Where can I check the official record?
The ESMA register publishes the authoritative list and updates it weekly. The direct link to Alaric Securities's entry is on this page under 'Sources'.
Sources
This page is updated weekly. Last verified . If you believe any information on this page is inaccurate, write to our contact page.