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Cyprus Securities and Exchange Commission

Major regulator

Cyprus (EU) · CYSEC

An EU regulator, so the ESMA leverage caps, 50% margin close-out and negative balance protection all apply. The licence is genuine and checkable on a public register — but it is the lightest of the major-tier options, and many groups use a Cypriot entity for EU clients while routing others offshore.

Compensation if the firm fails

We have not established whether a compensation scheme applies. Absence of a record here is not evidence there is none — check the authority directly.

Negative balance protection

Required. Losses cannot exceed the funds in the account.

ESMA product intervention measures — read 2026-08-02

Check a licence yourself

Search the entity named in your client agreement — not the brand on the website. A group can hold this licence and still open your account on a different, offshore company.

Open the CYSEC register

Brokers that name CYSEC

Naming a regulator is not the same as your account being covered by it. Confirm the entity.

Sources