CySec | Foro Forex de Myfxbook

Keldrilh

Miembro desde Jan 31, 2019 posts 7

Jul 23 at 10:01

Miembro desde Jan 31, 2019 posts 7

Is CySec considered a Tier-1 or a Tier-2 regulation?

ortellius

Miembro desde Jun 10, 2025 posts 29

Jul 23 at 11:28

Miembro desde Jun 10, 2025 posts 29

With a few years of experience, I’ve learned that choosing a regulated CySEC broker like HFM can be reliable enough - just research individual track records rather than painting the whole region negatively

ThomasWill

Miembro desde May 27, 2025 posts 22

Jul 23 at 11:54

Miembro desde May 27, 2025 posts 22

CySEC is not Tier-1. It’s what most people consider Tier-2. You still get EU-level protections like negative balance protection and segregated accounts but the oversight isn’t as tight as, say, the FCA in the UK or the CFTC in the US.

Bear in mind that a lot of brokers base themselves in Cyprus because the rules are a bit more business-friendly, but that can be a double-edged sword. It’s not a red flag by itself, but I’d definitely still do my due diligence—especially with newer names.

EURUSD	1.16572	GBPUSD	1.34249	AUDUSD	0.65815
USDJPY	151.907	USDCAD	1.3951	USDCHF	0.79829