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A legitimate wiki for FXAbout 88 Forex Brokers

Cyprus Securities and Exchange Commission (CySEC)

Regulatory authority for Cyprus

You are opening an external government or regulatory website. Confirm that the domain belongs to the authority before relying on its contents.

Jurisdiction
Cyprus
Authority type
Tier one financial regulator
Established
2001
Head office
Not confirmed
Official website
www.cysec.gov.cy
Public register
Public register available
Complaint information
Complaint information available
Compensation arrangement
Investor Compensation Fund, up to €20,000
Retail forex and CFD remit
Confirmed
Regulatory framework rating
AA Very strong
Connected broker records
40
Official warnings recorded
0

About CySEC

CySEC is an authority in Cyprus. We have confirmed responsibility for licensing, supervision, enforcement, consumer information, complaints, but its precise role in supervising retail forex and CFD providers requires review of the relevant licence and legal entity.

Licenses Cyprus investment firms under MiFID II, which passports them across the European Economic Area.

CySEC licences passport across the EEA; the most common EU home for international brokers.

Registration with an authority is not always equivalent to prudential supervision or permission to provide leveraged trading services. Review the exact licence category, permissions and status.

What CySEC does

LicensingSupervisionEnforcementConsumer informationComplaints

CySEC reports responsibility for licensing, supervision, enforcement, consumer information, complaints. The scope can vary by firm type, permission and applicable law.

Powers and responsibilities

CapabilityWhat it meansStatus
LicensingWhether the authority grants or administers financial-services licences relevant to broker entities.Confirmed
SupervisionWhether licensed firms are subject to ongoing reporting, monitoring or conduct requirements.Confirmed
EnforcementWhether the authority can investigate, restrict, suspend, fine or otherwise act against firms.Confirmed
Public registerWhether users can search licensed entities, permissions, status and contact details.Confirmed
WarningsWhether the authority publishes warnings about unauthorised firms, clones, scams or market conduct.Not confirmed
ComplaintsWhether it accepts complaints, refers disputes or publishes an external-resolution route.Confirmed
Client assetsWhether relevant rules address segregation, custody or handling of client money.Confirmed
Financial resourcesWhether relevant licensees face capital, solvency or audit requirements.Not confirmed

The existence of a power does not establish how it was applied to a particular firm. Use dated enforcement and licence records for firm-specific conclusions.

CySEC licence types

Licence names and permissions are jurisdiction-specific. The same authority may supervise firms under categories that do not all permit retail forex or CFD services.

Licence or registration type
Tier one financial-services licence
Category code
Not confirmed
What this category covers
Licenses Cyprus investment firms under MiFID II, which passports them across the European Economic Area.
Retail forex and CFD relevance
Confirmed
Recorded permissions
Not confirmed
Common restrictions or limits
1:30 on major currency pairs
View entities with this record
40 connected broker records

Do not convert every company registration, membership or representative status into “regulated”. The source category is preserved and its scope explained.

Brokers connected with CySEC records

These records connect broker brands with legal entities found in CySEC information. A brand can use more than one entity, and only the named licensed entity receives the recorded permissions.

BrokerEntityLicenceStatusWebsite matchCountry relevanceChecked
IC Markets logoIC Markets 9.6/10Not confirmedTier one licence 362/18Review pendingNot confirmedNot confirmed26 August 2026View licence record
AvaTrade logoAvaTrade 9.2/10Not confirmedTier one licence 347/17Review pendingNot confirmedNot confirmedNot confirmedView licence record
FxPro logoFxPro 9.2/10Not confirmedTier one licence 078/07Review pendingNot confirmedNot confirmedNot confirmedView licence record
XM logoXM 9.2/10XM Global LimitedTier one licence 120/10Review pendingNot confirmedNot confirmed26 August 2026View licence record
Admirals logoAdmirals 9.0/10Not confirmedTier one licence 201/13Review pendingNot confirmedNot confirmed26 August 2026View licence record
eToro logoeToro 9.0/10Not confirmedTier one licence 109/10Review pendingNot confirmedNot confirmed26 August 2026View licence record
Markets.com logoMarkets.com 9.0/10Safecap Investments LimitedTier one licence 092/08Review pendingNot confirmedNot confirmed26 August 2026View licence record
Plus500 logoPlus500 9.0/10Not confirmedTier one licence 250/14Review pendingNot confirmedNot confirmedNot confirmedView licence record
Eightcap logoEightcap 8.9/10Not confirmedTier one licence 246/14Review pendingNot confirmedNot confirmed26 August 2026View licence record
easyMarkets logoeasyMarkets 8.7/10Easy Forex Trading LtdTier one licence 079/07Review pendingNot confirmedNot confirmed26 August 2026View licence record
HF Markets logoHF Markets 8.7/10HF Markets (Seychelles) LtdTier one licence 183/12Review pendingNot confirmedNot confirmedNot confirmedView licence record
MultiBank Group logoMultiBank Group 8.7/10Not confirmedTier one licence 430/23Review pendingNot confirmedNot confirmedNot confirmedView licence record
FP Markets logoFP Markets 8.5/10Not confirmedTier one licence 371/18Review pendingNot confirmedNot confirmedNot confirmedView licence record
GO Markets logoGO Markets 8.5/10Not confirmedTier one licence 322/17Review pendingNot confirmedNot confirmed26 August 2026View licence record
Capital.com logoCapital.com 8.4/10Not confirmedTier one licence 319/17 and 463/25Review pendingNot confirmedNot confirmed26 August 2026View licence record
FXOpen logoFXOpen 8.4/10Not confirmedTier one licence 194/13Review pendingNot confirmedNot confirmed26 August 2026View licence record
ThinkMarkets logoThinkMarkets 8.4/10Not confirmedTier one licence 215/13Review pendingNot confirmedNot confirmedNot confirmedView licence record
Exness logoExness 8.3/10Exness (SC) LtdTier one licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
Libertex logoLibertex 8.3/10Indication Investments LtdTier one licence 164/12Review pendingNot confirmedNot confirmed26 August 2026View licence record
Tickmill logoTickmill 8.3/10Not confirmedTier one licence 278/15Review pendingNot confirmedNot confirmed26 August 2026View licence record
XTB logoXTB 8.3/10Not confirmedTier one licence 169/12Review pendingNot confirmedNot confirmed26 August 2026View licence record
FOREX.com logoFOREX.com 8.2/10Not confirmedTier one licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
Swissquote logoSwissquote 8.2/10Not confirmedTier one licence 422/22Review pendingNot confirmedNot confirmed26 August 2026View licence record
Skilling logoSkilling 8.1/10Skilling LimitedTier one licence 357/18Review pendingNot confirmedNot confirmedNot confirmedView licence record
FXCM logoFXCM 8.0/10Not confirmedTier one licence 392/20Review pendingNot confirmedNot confirmedNot confirmedView licence record
LiteFinance logoLiteFinance 8.0/10Not confirmedTier one licence 093/08Review pendingNot confirmedNot confirmed26 August 2026View licence record
Pepperstone logoPepperstone 8.0/10Not confirmedTier one licence 388/20Review pendingNot confirmedNot confirmed26 August 2026View licence record
Trade.com logoTrade.com 8.0/10Not confirmedTier one licence 227/14Review pendingNot confirmedNot confirmed26 August 2026View licence record
Trading.com logoTrading.com 8.0/10Not confirmedTier one licence 256/14Review pendingNot confirmedNot confirmedNot confirmedView licence record
Tradu logoTradu 8.0/10Not confirmedTier one licence 392/20Review pendingNot confirmedNot confirmedNot confirmedView licence record
ATFX logoATFX 7.9/10Not confirmedTier one licence 285/15Review pendingNot confirmedNot confirmed26 August 2026View licence record
Octa logoOcta 7.9/10Octa Markets LtdTier one licence 372/18Review pendingNot confirmedNot confirmedNot confirmedView licence record
Mitrade logoMitrade 7.8/10Not confirmedTier one licence 438/23Review pendingNot confirmedNot confirmedNot confirmedView licence record
Fortrade logoFortrade 7.7/10Not confirmedTier one licence 385/20Review pendingNot confirmedNot confirmed26 August 2026View licence record
FXCC logoFXCC 7.7/10Not confirmedTier one licence 121/10Review pendingNot confirmedNot confirmed26 August 2026View licence record
IQ Option logoIQ Option 7.7/10SKY LADDER LLCTier one licence 247/14Review pendingNot confirmedNot confirmed26 August 2026View licence record
TopFX logoTopFX 7.7/10Not confirmedTier one licence 138/11Review pendingNot confirmedNot confirmed26 August 2026View licence record
Trading 212 logoTrading 212 7.7/10Not confirmedTier one licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
FXORO logoFXORO 7.6/10MCA Intelifunds LtdTier one licence 126/10Review pendingNot confirmedNot confirmed26 August 2026View licence record
iFOREX logoiFOREX 7.4/10Not confirmedTier one licence 143/11Review pendingNot confirmedNot confirmed26 August 2026View licence record

This record comes from the broker's own published regulatory statement and has not yet been matched to the authority's register.

View CySEC-regulated broker rankings

Client protections under CySEC

Available protections depend on the licensed entity, licence category, client classification, product and account location. The items below describe confirmed framework features, not guaranteed outcomes.

Client-money rules
Confirmed
Capital requirements
Varies by licence
Negative balance protection
Required for eligible clients
Leverage restrictions
Applies to eligible retail clients
Compensation scheme
Potentially available subject to eligibility
External dispute resolution
Available subject to eligibility
Risk disclosures
Required for relevant firms
Reporting or audit
Required for relevant firms

Segregated client funds and negative balance protection under ESMA rules.

A compensation arrangement may have eligibility rules, exclusions and payment limits. It does not cover ordinary trading losses and may not cover clients of another entity in the same broker group.

How to complain about a CySEC-regulated broker

Start with the legal entity shown on your account agreement. The complaint route depends on whether that entity is licensed, whether the service falls within the licence and whether you meet the relevant eligibility rules.

  1. Confirm the broker brand, legal entity, website and licence number.
  2. Submit a formal written complaint to the broker and retain the reference number and evidence.
  3. Check the authority's official complaint guidance and the firm's register entry.
  4. Escalate to the eligible ombudsman, dispute body, compensation arrangement or authority route.
  5. Report suspected crime, impersonation or unauthorised activity to the appropriate public authority.

Financial Ombudsman of the Republic of Cyprus. View CySEC complaint information

88 Forex Brokers does not decide disputes or provide legal advice. Deadlines and eligibility requirements may apply.

Warnings and enforcement

No official warnings from CySEC are recorded.

Warnings, investor alerts, clone notices and enforcement actions appear here as they are recorded, with the date, the subject and the source.

Check the CySEC register and warning list

Resources

Updates

No updates to this regulator profile have been recorded.

Material changes to licence status, warnings, enforcement records and the profile itself are listed here with the date.

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