CySEC
Cyprus Securities and Exchange Commission - Popular EU regulator for forex brokers.
Definition
CySEC (Cyprus Securities and Exchange Commission) is the financial regulator of Cyprus. As an EU member, CySEC-licensed brokers can passport services across Europe. It's one of the most common regulators for retail forex brokers due to Cyprus's business-friendly environment.
How It Works
- EU member - MiFID II compliant
- Brokers can passport to all EU/EEA countries
- Investor Compensation Fund up to €20,000
- Leverage capped at 30:1 for retail forex
Trading Tips
1
Very common for forex brokers - verify on CySEC register
2
EU regulations apply including negative balance protection
3
Some brokers have CySEC plus other licenses
Related Terms
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