CySEC regulated forex brokers

The four Cyprus entities

Every entity and licence number below is published by the broker itself. A Cyprus licence in a group does not mean your account will be opened there — the last column is the part most comparison pages leave out.

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Entities and licence numbers are as each broker publishes them, read on 24 August 2026. The compensation ceiling comes from CySEC itself. Five other brokers we track hold no Cyprus licence at all and are absent from this page rather than listed as unregulated — they are regulated elsewhere.

What a Cyprus licence changes about your account

Three things, and all three are visible in the terms rather than in marketing. Leverage for retail clients is capped — Tickmill publishes 1:30 for retail and 1:500 for professional clients under its European company, against up to 1:1000 on its global instruments page. Trading bonuses are out: Tickmill runs its $30 welcome account through the Seychelles entity and states that EU citizens cannot apply. And the Investor Compensation Fund stands behind the firm.

The fund is the part worth reading precisely. CySEC pays the lower of 90% of a client's covered claims and €20,000 — so €20,000 is a ceiling reached only on claims above roughly €22,000, and it applies when the firm fails, not when your trading does.

Set against the UK, where the FSCS covers up to £85,000 per person per firm, Cyprus is the lighter of the two European regimes. Set against a Belize or Comoros registration, which carries no scheme at all, it is a different category of protection.

The catch: a Cyprus licence in the group is not a Cyprus account for you

This is where lists of CySEC brokers mislead, and the clearest example on our own list is LiteFinance. Liteforex (Europe) Ltd holds licence 093/08, and LiteFinance states plainly that this company does not provide services to residents of the EEA — clients are handled by LiteFinance Global LLC in St Vincent, which has no compensation scheme behind it. The licence is real and irrelevant to the account most readers would open.

Libertex's Cyprus entity, Indication Investments Ltd, is in a different position: it holds CIF licence 164/12 and serves European clients, while its own documents note it is exiting the UK's Temporary Permission Regime and no longer accepting UK clients. ForTrade routes visitors by location and displays the Cyprus entity's risk warning to European readers.

The test is not “does this broker have a CySEC licence” but “will my account be opened with the CySEC-licensed company”. That is answered on the account opening page and in the client agreement, not in a footer full of logos.

Checking a CySEC number in two minutes

Cyprus licence numbers look like 278/15 or 093/08 — a serial number and the year of issue. CySEC publishes a searchable register of Cyprus Investment Firms, and the entry names the company, its licence status and the services it is authorised to provide.

Check the company name against your client agreement character for character. Groups use near-identical names across jurisdictions — Liteforex (Europe) Ltd and LiteFinance Global LLC, Tickmill Europe Ltd and Tickmill Ltd — and the difference between them is the whole of your protection.

A licence that appears in the register with a withdrawn or suspended status is worth exactly as much as no licence, and the register is the only place that distinction shows.

Cyprus against the other regulators here

Three of the nine brokers also hold UK FCA authorisations — Tickmill UK (717270), FxPro UK (509956) and Fortrade Ltd (FRN 609970) — where the compensation ceiling is more than four times higher. Deriv's European arm sits under Malta's MFSA instead. Fortrade adds ASIC in Australia and CIRO in Canada.

None of that makes the Cyprus entities inferior brokers; it makes them a different level of statutory backstop. The full picture, including the offshore companies each group runs alongside, is on our regulated brokers page.

Questions people ask