Advertisement
CySec
Jul 23 at 10:01
91 Views
2 Replies
Member Since May 27, 2025
22 posts
Jul 23 at 11:54
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.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
