The Cyprus Securities and Exchange Commission (the ‘CySEC’) is the regulator which authorises and supervises amongst others, Cyprus Investment Firms / Forex (CFDs) Brokerages / Traditional Brokerages in Cyprus. Cyprus is part of the European Union, thus, a CySEC licensed investment firm can provide its services to all European Economic Area countries.
To obtain a CySEC licence and be authorised as an Investment Firm/ Forex (CFDs) Brokerage / Traditional Brokerage, the following requirements must be fulfilled:
1) Fit and Proper Shareholder(s) based on EU regulations (e.g. be able to justify proof and source of funds);
2) Fit and Proper Directors (2 executive & 2 non-executives);
3) Fully completed application forms and questionnaires;
4) Detailed Business Plan including amongst others, three years of financial projections;
5) Detailed Procedures/ Manuals.
Our team consists of high-calibre personnel with hands on experience in the investment services sector that are able to guide you from the beginning of your application until the granting of your licence by CySEC. Our Company obtained a significant number of Investment Firms / Forex (CFDs) Brokerages / Traditional Brokerages CySEC licences during the last years.
You can contact us to meet our team and ask for any questions you may have!