🥈 Tier 2
Cyprus Securities and Exchange Commission (CySEC)
📍 Cyprus
78
/100
Trust Score
CySEC is the most popular EU regulator for forex brokers.
📋 Key Facts
| Full Name | Cyprus Securities and Exchange Commission |
| Country | Cyprus |
| Established | 2001 |
| Trust Tier | Tier 2 |
| Brokers Regulated | 20 |
📊 Requirements
| Minimum Capital | €730,000 |
| Compensation Scheme | ICF - €20,000 |
| Retail Leverage | 1:30 |
| Pro Leverage | 1:500 |
| Segregated Funds | ✓ Required |
| Negative Balance Protection | ✓ Yes |
✅ Advantages
- EU passporting rights
- MiFID II compliance
- ICF compensation €20,000
⚠️ Considerations
- Historical reputation issues
- Lower compensation than FCA
🔑 Key Features of CySEC Regulation
MiFID II compliant
ESMA leverage restrictions
🏢 CySEC-Regulated Brokers
20 brokers in our database are regulated by CySEC.
🔗 Other Tier 2 Regulators
✅ How to Verify a CySEC License
1
Get the License Number
Find the broker's CySEC license number on their website (usually in the footer).
2
Visit the Official Register
Go directly to CySEC's official register. Never use links provided by the broker.
3
Search & Verify
Search by company name or license number. Confirm the license is active and covers forex/CFD services.
4
Check for Clone Firms
Verify the website URL matches exactly what's on the official register. Scammers copy legitimate broker details.