Introduction to this section

One of the most reputable licenses to have, relative to trader protection, banking structures, EU passport and future organizational setup.

Updated in July 2021, below you will find all broker’s currently regulated by CySEC, links to detailed descriptions on a Cysec license application and the country’s economic data.

Our aim is to provide information to investors looking into EU/Offshore options to Start a Forex Brokerage or expand their current operations. Although in some regions we include information like trading conditions, leverage, it is not intended to be used by a forex trader as an investment advice or to compare and evidently open an account with one of our listed brokers.

Last update: July 2021

Cyprus Forex License

Economy of Cyprus
Main indicators
IndicatorValue
GDP$24.47 billion
Inflation rate-1%
External Debt€208114.48 million
Interest Rate0%
Deposit Interest Rate0%
Corporate Tax Rate1.25%
Population900K
Per capita incomeas of Nov 2019 - $30926
Unemployment Rate6.7%
Corruption Rank38

RSS Latest economy information

  • Cyprus Coronavirus COVID-19 Cases September 23, 2021
    Cyprus recorded 119336 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Cyprus reported 548 Coronavirus Deaths. This page includes a chart with historical data for Cyprus Coronavirus Cases.
  • Cyprus Coronavirus COVID-19 Deaths September 23, 2021
    Cyprus recorded 548 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Cyprus reported 119336 Coronavirus Cases. This page includes a chart with historical data for Cyprus Coronavirus Deaths.
  • Cyprus Coronavirus COVID-19 Vaccination Total September 23, 2021
    The number of COVID-19 vaccination doses administered in Cyprus rose to 1141805 as of Sep 23 2021. The total number of vaccination doses administered. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose regime (e.g. people receive multiple doses). If a person […]
  • Cyprus Coronavirus COVID-19 Vaccination Rate September 23, 2021
    The number of COVID-19 vaccination doses administered per 100 people in Cyprus rose to 129 as of Sep 23 2021. Total number of vaccination doses administered per 100 people in the total population. This is counted as a single dose, and may not equal the total number of people vaccinated, depending on the specific dose […]
Cyprus Forex License
Case in point
Average Cost for license
Over €20,000
Office requirements
Yes

Employees required

Yes

Capital Requirements
€75,000-€750,000
Regular reporting
Yes

Publicly Recorded Info
Yes
List of brokers
currently regulated in Cyprus
#Company Legal NameWebsite linkLicense NumberLicensed Investment ServicesOffice Location
13D Global Financial Services Ltd www.3dglobal.com063/06Reception and transmission
Investment advice
Limassol
27Q Financial Services Ltd www.7qfs.com061/05Reception and transmission
Portfolio management
Investment advice
Nicosia
3A. Eternity Capital Management Ltd www.a-eternitycapital.ltd.cy346/17Dealing on Own Account
Portfolio Management
Nicosia
4A.J.K. Wealth Management Ltd www.ajkwealth.com139/11Reception and transmission
Portfolio management
Investment advice
Larnaca
5A.N. Allnew Investments Ltd www.allnewinvestment.com344/17Reception and transmission
Execution of orders
Limassol
6A.T.I. Associates (Cyprus) Ltdhttps://atiassociates.com/091/08Investment advicePaphos
7AAA Trade Ltd www.aaatrade.com244/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
8Abris-Cee Holdings Limitedwww.abris-capital.com; http://abris-cee.com;389/20Investment AdviceNicosia
9AC Markets (Europe) Ltdwww.acprime.eu; www.ausprime.eu; www.lt-markets.com; www.ausforex.eu;350/17Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
10Accuindex EU Limitedwww.accuindex.eu340/17Reception and transmission
Execution of orders
Limassol
11Acier FX Ltdwww.argusfx.com334/17Reception and transmission
Execution of orders
Portfolio Management
Nicosia
12A-Conversio Capital Ltd www.a-conversio.com215/13Reception and transmission
Portfolio management
Nicosia
13Admiral Markets Cyprus Ltd www.admiralmarkets.com.cy201/13Reception and transmission
Execution of orders
Portfolio Management
Nicosia
14Aeonic Securities C.I.F. Plc www.aeonic.com.cy177/12Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
15AFX Capital Markets Ltd www.afxgroup.com119/10 (Suspended)Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
16AJF Financial Services Ltd www.ajf-global.com295/16 (Voluntary Renunciation)Reception and transmissionLimassol
17Alfa Capital Markets Ltd www.alfacapital.com.cy025/04Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
18Amana Capital Ltd www.amanacapital.com155/11Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
19AMP Global Ltd www.ampglobal.com360/18Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
20APME FX Trading Europe Ltd www.apmefx.com335/17Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
21Aquilla Nummus Ltd www.aquillanummus.com345/17Portfolio ManagementNicosia
22Argus Stockbrokers Ltdwww.argus.com.cy010/03Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Nicosia
23Aristeus Financial Services Ltd www.aristeus.cy.net324/17Portfolio Management
Investment Advice
Nicosia
24Arumpro Capital Ltd www.arumcapital.eu323/17Reception and transmission
Execution of orders
Portfolio Management
Limassol
25ATFX Global Markets (Cy) Ltd www.atfxgm.eu285/15Reception and transmission
Execution of orders
Limassol
26Athlos Capital Investment Services Ltd www.athloscapital.com348/17Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
27Atlantic Securities Ltd www.atlanticfs.com005/03Reception and transmission
Execution of orders
Portfolio Management
Nicosia
28Atonline Ltd www.atonint.com104/09Reception and transmission
Execution of orders
Dealing on Own Account
Placing of financial instruments without a firm commitment basis
Nicosia
29Axia Ventures Group Ltd www.axiavg.com086/07Reception and transmission
Execution of orders
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
30Ayers Alliance Financial Group Ltd www.aafg.co230/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Limassol
31B.I.S. Blueport Investment Services Ltd www.blueport.cy.net302/16Portfolio Management
Investment Advice
Nicosia
32BCM Begin Capital Markets CY Ltdwww.begicapitalmarkets.com274/15Reception and transmission
Execution of orders
Portfolio Management
Limassol
33Bdswiss Holding Plc www.bdswiss.com199/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
34Belight Capital Group Ltd www.belightcapitalgroup.com364/18 (Suspended)Reception and transmission
Execution of orders
Nicosia
35Best Choice FBC Ltd www.bcfxbroker.com234/14 (Withdrawn)Execution of orders
Portfolio Management
Investment Advice
36Blacktower Financial Management (Cyprus) Ltdwww.blacktowerfm.com386/20Reception and transmission
Investment Advice
Limassol
37Boson Alfa Ltd www.bosonalfa.com314/16Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
38BrightPool Ltd www.brightpool-markets.com378/19Reception and transmission
Execution of orders
Dealing on Own Account
00357 80
39Broctagon Prime Ltd www.broprime.com320/17Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
40BrokerCreditService (Cyprus) Ltd www.bcscyprus.com048/04Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Limassol
41Capital Com SV Investments Ltd www.capital.com319/17Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
42CDG Global (EU) Ltdhttp://www.cdgglobal.eu/332/17Reception and transmission
Execution of orders
Limassol
43CEX Markets Ltdwww.cexbro.com381/19Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
44Charlgate Ltd www.icmtrader.eu367/18Reception and transmission
Execution of orders
Limassol
45Chase Buchanan Ltd www.chasebuchanan.com287/15Reception and transmission
Investment Advice
Limassol
46Colmex Pro Ltd www.colmexpro.com123/10Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
47Concorde Investments (Cyprus) Ltd www.concordeinvestments.com189/13Reception and transmission
Execution of orders
Limassol
48Conotoxia Ltdhttps://conotoxia.com/336/17Reception and transmission
Execution of orders
Limassol
49Constance Investment Ltdwww.constancei.com263/14Reception and transmission
Execution of orders
Portfolio Management
Nicosia
50Credit Financier Invest (CFI) Ltd www.cfifinancial.com.cy179/12Reception and transmission
Execution of orders
Dealing on Own Account
Larnaca
51Crowd Tech Ltd www.trade360.com202/13Reception and transmission
Execution of orders
Limassol
52D.T. Direct Investment Hub Ltd www.dtdirectinvestment.com347/17Reception and transmission
Portfolio Management
Investment Advice
Limassol
53Depaho Ltd www.depaho.com161/11Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
54Dragon Capital (Cyprus) Ltdwww.dragon-capital.com112/10Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Limassol
55Easy Forex Trading Ltdwww.easymarkets.com079/07Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
56ED & F Man Capital Markets CEEMA Ltd www.edfmancapital.com377/19Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
57EDR Financial Ltd www.triomarkets.com268/15Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
58EFG CYPRUS LIMITEDwww.cy.efgl.com;393/20Reception and transmission
Portfolio Management
Investment Advice
Nicosia
59Emergo Wealth Ltd www.emergowealth.net232/14Reception and transmission
Portfolio Management
Investment Advice
Nicosia
60Emporium Capital K.A Ltd www.emporiumcapital.com358/18Reception and transmissionNicosia
61Etoro (Europe) Ltdwww.etoro.com109/10Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
62Eurivex Ltd www.eurivex.com114/10Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
63Eurotrade Investments RGB Ltd www.eurotrader.eu279/15Reception and transmission
Execution of orders
Limassol
64Exclusive Change Capital Ltdhttps://www.exclusivecapital.com/330/17Reception and transmission
Execution of orders
Portfolio Management
Limassol
65Exelcius Prime Ltd www.exelciusprime.com366/18Reception and transmission
Execution of orders
Portfolio Management
Limassol
66Exness (Cy) Ltdwww.exness.com178/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
67EXT Ltdhttps://ext.com.cy/165/12Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
68F1Markets Ltd www.f1markets.com267/15Reception and transmission
Execution of orders
Portfolio Management
Limassol
69Fathom Wealth Management Advisors Ltdwww.fathomwma.com306/16Reception and transmission
Portfolio Management
Investment Advice
Nicosia
70Fenix Capital Markets Trading Ltd www.fenix-cmt.com308/16Reception and transmission
Investment Advice
Limassol
71FF Simple and Smart Trades Investment Services Ltd www.smart-trades.net080/07Portfolio Management
Investment Advice
Nicosia
72FIBO Group Holdings Ltd www.fibogroup.eu118/10Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
73Fidus Investments Cyprus Ltd www.fidusinvestments.eu326/17Reception and transmission
Execution of orders
Nicosia
74Fintailor Investments Ltd www.fintailor.com133/11Reception and transmission
Execution of orders
Portfolio Management
Limassol
75Finteractive Ltdwww.fxvc.com/eu;238/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
76First Prudential Markets Ltdwww.fpmarkets.eu371/18Reception and transmission
Execution of orders
Limassol
77Forex TB Ltd www.forextb.com272/15Reception and transmission
Execution of orders
Nicosia
78Forextime Ltd www.forextime.com185/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
79Fortrade Cyprus Ltdwww.fortrade.com385/20Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
80FP Asset Management Cyprus Ltd www.fp-am.com317/17Portfolio Management
Investment Advice
Limassol
81Freedom Finance Cyprus Ltd www.ffineu.eu275/15Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Limassol
82FX Central Clearing Ltdwww.fxcc.com121/10Reception and transmission
Execution of orders
Limassol
83Fxbfi Broker Financial Invest Ltd www.fxbfi.com315/16Reception and transmission
Execution of orders
Limassol
84FXCM EU Ltdhttp://fxcm.com/eu;392/20Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
85Fxglobe Ltd www.fxglobe.com205/13Reception and transmission
Execution of orders
Limassol
86Fxnet Ltd www.fxnet.com182/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
87FXOpen EU Ltdwww.fxopen.com194/13Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
88FXPRO Financial Services Ltd www.fxpro.com078/07Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
89GBE Brokers Ltd www.gbebrokers.com240/14Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
90General Capital Brokers (GCB) Ltd www.gcb.com.cy333/17Reception and transmission
Execution of orders
Limassol
91Global Capital Securities & Financial Services Ltd www.globalcapital.com.cy015/03Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
92Globia Wealth Ltd www.globiawealth.com318/17 
(Under examination for voluntary renunciation of the authorisation)
Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
-
93Go Markets Ltd (ex Galactus Ltd)www.gomarkets.eu;322/17Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
94Goldenburg Group Ltdhttps://goldenburggroup.eu/242/14Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
95GPB Financial Services Ltdwww.gpbfs.com.cy113/10Reception and transmission
Execution of orders
Dealing on Own Account
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Limassol
96Grandis Securities Ltd www.grandissecurities.com.cy343/17Reception and transmission
Execution of orders
Nicosia
97Granfeld Wealth Management Ltd www.granfeld.com260/14Reception and transmission
Portfolio Management
Investment Advice
Nicosia
98Growell Capital Ltd www.fxgrow.com214/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
99GWG (Cyprus) Ltd www.gwglobalfx.com291/16Reception and transmission
Execution of orders
Nicosia
100H.C.F.S. High Capital Financial Services Ltd www.highcapital.trade368/18Reception and transmission
Execution of orders
Limassol
101HF Markets (Europe) Ltdwww.hotforex.com183/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Larnaca
102Hoch Capital Ltd www.hochcapital.com (Suspended) (Under examination for voluntary renunciation of the authorisation)198/13Reception and transmission
Execution of orders
Portfolio Management
Limassol
103Holborn Assets Wealth Management (CY) Ltdwww.holbornassets.com.cy394/20Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
104Holiway Investments Ltdwww.holiwayltd.com248/14Reception and transmission
Execution of orders
Nicosia
105Hua Ren (Cyprus) Financial Ltd www.huarencyprus.com374/19Reception and transmission
Execution of orders
Limassol
106HYCM (Europe) Ltd www.hycm.com259/14Reception and transmission
Execution of orders
Limassol
107I.W.G International Wealth Group Ltdwww.interwealthgroup.com380/19Reception and transmission
Portfolio Management
Investment Advice
Limassol
108IC Markets (EU) Ltd www.icmarkets.com362/18Reception and transmission
Portfolio Management
Investment Advice
Limassol
109ICC Intercertus Capital Ltd www.everfx.com301/16Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
110ICFD Ltd www.vestle.com143/11Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
111IFC Investments Cyprus Ltd www.ifc-center.com327/16Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
112IFCM Cyprus Ltdwww.infinmarkets.com147/11Investment AdviceLimassol
113IGM Forex Ltd www.igmforex.com309/16Reception and transmission
Execution of orders
Limassol
114IKOS CIF Ltdwww.ikos.com.cy060/05Portfolio Management
Investment Advice
Limassol
115Indication Investments Ltd www.libertex.com164/12Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
116Initial Merit Secure Ltd www.imsmarkets.com229/14Reception and transmission
Execution of orders
Limassol
117Instant Trading EU Ltd www.instafxgroup.com266/15Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
118IQOption Europe Ltd www.iqoption.com247/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
119ISEC Wealth Management Ltd www.is-wm.com356/18Portfolio ManagementLimassol
120Itrade Global (Cy) Ltd www.tradefw.com298/16Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
121JFD Group Ltd www.jfdbrokers.com150/11Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
122Jin Daocheng Ltd www.jdcmarkets.com316/16Reception and transmission
Execution of orders
Portfolio Management
Limassol
123Just2trade Online Ltd www.just2trade.online281/15Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
124KAB Strategy Ltd www.kabonline.com058/05Reception and transmission
Execution of orders
Portfolio Management
Larnaca
125K-DNA Financial Services Ltd www.kdna-investment.com273/15Reception and transmission
Execution of orders
Limassol
126Key Way Investments Ltd www.keywayinvestments.com292/16Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
127L.F. Investment Ltdwww.purple-trading.com271/15Reception and transmission
Execution of orders
Portfolio Management
Limassol
128Leadtrade Ltd www.leadtradeltd.com296/16 
(Voluntary Renunciation)
Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Nicosia
129Leverate Financial Services Ltd www.leverate.com160/11Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
130Lirunex Ltd www.lirunex.eu338/17Reception and transmission
Execution of orders
Portfolio Management
Larnaca
131Liteforex (Europe) Ltdwww.liteforex.eu093/08Reception and transmission
Execution of orders
Portfolio Management
Limassol
132LMax Broker Europe Ltd www.cbcapital.eu310/16Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
133London Capital Group (Cyprus) Ltd www.lcg.com341/17Reception and transmission
Execution of orders
Portfolio Management
Limassol
134Luna Wealth Asset Management Ltd www.lunawealth.com379/19Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Nicosia
135Lydya Financial Ltd www.lydyafinancial.com300/16Reception and transmission
Execution of orders
Investment Advice
Limassol
136Magic Compass Ltd www.magiccompass.com299/16Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
137Magnasale Trading Ltd www.maganasaleltd.com264/15Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
138Magnum FX (Cyprus) Ltd www.magnumfx.eu359/18Reception and transmission
Execution of orders
Limassol
139Marcuard Ηeritage (Europe) Ltdwww.marcuardheritage.com131/11Portfolio Management
Investment Advice
Limassol
140Maxiflex Ltd www.maxiflexglobal.com258/14Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
141Maxigrid Ltd www.agmmarkets.com145/11Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
142MCA Intelifunds Ltd www.fxoro.com126/10Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
143Mega Equity Securities and Financial Services Public Ltd www.megaequity.com011/03Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Nicosia
144Menasecurities Ltd www.menasecurities.com370/18Reception and transmission
Execution of orders
Limassol
145MeritKapital Ltd www.meritkapital.com077/06Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Limassol
146Mexem Ltd www.mexem.com325/17Reception and transmissionLimassol
147Monecor (Europe) Ltd www.mindenadvisers.com096/08Investment AdviceNicosia
148Mount Nico Corp Ltd www.nicofx.com226/14Execution of orders
Portfolio Management
Larnaca
149MPS Marketplace Securities Ltd www.mps.exchange170/12 (Suspended)Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
150MTG LIQUIDITY Ltdwww.match-prime.com390/20Reception and transmission
Execution of orders
Nicosia
151Naga Markets Ltd www.nagamarkets.com204/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
152NBH Markets EU Ltdwww.fideliscm.eu208/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
153NBI Investments Ltdwww.nbinvest.com162/12Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
154NFS Network Financial Services Ltd www.nfseurope.com328/17Reception and transmission
Investment Advice
Limassol
155NFX Capital Cy Ltdwww.nordfx.com.cy209/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
156Notely Trading Ltdwww.errante.eu383/20Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
157Notesco Financial Services Ltd www.ironfx.com125/10Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
158Novox Capital Ltd www.novoxcapital.com224/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Nicosia
159Numisma Capital Ltd www.numismacap.com122/10Portfolio Management
Investment Advice
Nicosia
160OBR Investments Ltd www.obrinvest.com217/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
161Octa Markets Cyprus Ltd www.octafx.eu372/18Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
162Omega Funds Investment Ltd www.omegainvest.com.cy102/09Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
163One Plus Capital Ltd www.onepluscapital.net111/10Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Nicosia
164ORBEX Ltd www.orbex.com124/10Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
165Otkritie Broker Ltd www.otkritie-broker.com294/16Reception and transmission
Execution of orders
Limassol
166Pacific Union Group Ltdwww.pacific-union.cy342/17Reception and transmission
Execution of orders
Nicosia
167Pegase Capital Ltd www.interactiveoption.com225/14 (Voluntary Renunciation)Reception and transmission
Execution of orders
168Pepperstone EU Limitedhttps://pepperstone.com/388/20Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
169Performance Ronnaru Company Ltdhttps://www.prcbroker.com/253/14Execution of ordersNicosia
170Plus500CY Ltd www.plus500.com.cy250/14Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
171PMT Matrix Capital Ltd www.pmt.com.cy197/13Portfolio Management
Investment Advice
172Pricewaterhousecoopers Investment Services (Cyprus) Ltdwww.pwc.com351/17Portfolio Management
Investment Advice
Nicosia
173Primus Global Ltd www.fxprimus.com261/14Execution of orders
Dealing on Own Account
Limassol
174Prior Capital Cy Ltd www.priorcapital.eu221/13 (Withdrawn)Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
175Prochoice Chrimatistiriaki Ltd www.pro-choice.com.cy100/09Reception and transmission
Execution of orders
Larnaca
176Prodigit Investments Ltd www.prodigitinvest.com200/13Reception and transmission
Execution of orders
Portfolio Management
Nicosia
177Prospergate Capital Ltd www.prospergate.com361/18Portfolio ManagementLimassol
178Pulp International Business Ltd www.fxpulp.com095/08 (Withdrawn)Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
179R Capital Solutions Ltd www.rcapitalsolutions.com246/14Reception and transmission
Execution of orders
Portfolio Management
Limassol
180Redfin Capital Ltd www.redfincapital.com375/19Reception and transmission
Portfolio Management
Investment Advice
Limassol
181Redpine Capital Limitedwww.xbmarkets.com391/20Reception and transmission
Execution of orders
Limassol
182Regency Asset Management (Cyprus) Ltd www.regencyfund.com089/08Portfolio ManagementNicosia
183Reliantco Investments Ltd www.reliant-co.com127/10(Under examination for voluntary renunciation of the authorisation)Reception and transmission
Investment Advice
Limassol
184Renaissance Securities (Cyprus) Ltdwww.rencap.com053/04Reception and transmission
Execution of orders
Dealing on Own Account
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
185RMG Holding Ltd (Under examination for voluntary renunciation) www.rmgh.eu027/04
(Under examination for voluntary renunciation of the authorisation)
Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Nicosia
186Robomarkets Ltd www.robomarkets.com191/13Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
187Ronin Europe Ltdwww.ron.in081/07Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
188Royal Financial Trading (Cy) Ltd www.rfxt.com.cy312/16Reception and transmission
Execution of orders
Investment Advice
Limassol
189Royal Forex Ltd www.royalforex.com269/15Reception and transmission
Execution of orders
Nicosia
190Ruizean Markets Ltdhttps://ruizeanmarkets.com/340/17Reception and transmission
Execution of orders
Limassol
191Rynat Trading Ltd www.rynattrading.com303/16Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
192Safecap Investments Ltd www.safecapltd.com092/08Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Nicosia
193Sharelink Securities and Financial Services Ltd www.sharelink.com.cy014/03Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
194Sheer Markets (Cyprus) Ltdwww.sheermarkets.eu395/20Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
195SIB (Cyprus) Ltd www.sib.com.cy066/06Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
196Skanestas Investments Ltd www.skanestas.com251/14Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
197Skilling Ltd www.skilling.com357/18Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
198SM Capital Markets Ltd www.smcapitalmarkets.com339/17Reception and transmission
Execution of orders
199Solid Financial Services Ltdwww.solid.com.cy065/06Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Limassol
200Sonaf Business Ltd www.sonafx.com174/12(Under examination for voluntary renunciation of the authorisation)Reception and transmission
Execution of orders
Limassol
201SPA Financial Services Ltd www.spafs.com141/11Reception and transmission
Portfolio Management
Investment Advice
Nicosia
202Squared Financial (CY) Ltd www.squareddirect.com329/17Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
203Stak FX Ltdwww.stakfx.com397/21Reception and transmission
Execution of orders
Portfolio Management
Limassol
204Stone Edge Capital Ltdwww.stedcap.com311/16 (Under examination for voluntary renunciation of the authorisation)Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
205StoneX Europe Ltdwww.forex.com/ie400/21Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
206Streams Financial Services Ltd www.streamsfx.com376/19Reception and transmission
Execution of orders
Limassol
207Symmetria F.S. Ltd www.symmetriafs.com228/14Reception and transmission
Investment Advice
Nicosia
208T.C.R. International Ltd www.tcr-int.com237/14Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Nicosia
209TEC International (Cyprus) Ltdwww.tecfinine.com382/20Reception and transmission
Execution of orders
Nicosia
210Teletrade-DJ International Consulting Ltd www.teletrade.eu158/11Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Nicosia
211TFI Markets Ltd www.tfimarkets.com117/10Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
212The Cyprus Investment and Securities Corporation Ltdhttps://www.cisco-online.com.cy/003/03Reception and transmission
Execution of orders
Investment Advice
Underwriting and/or placing of financial instruments on a firm commitment basis
Placing of financial instruments without a firm commitment basis
Nicosia
213The First Interstellar Capital Limitedwww.interstellarfx.eu166/12Reception and transmissionLimassol
214Think Wealth Ltd www.thinkwealth.com.cy305/16Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Nicosia
215Tickmill Europe Ltd www.vipromarkets.com278/15Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
216Topfx Ltd www.topfx.com138/11Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
217Trade Capital Markets (TCM) Ltd www.tradecapitalmarkets.com227/14Reception and transmission
Execution of orders
Dealing on Own Account
Investment Advice
Nicosia
218Tradestone Ltdhttps://www.fbs.eu/en331/17Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Investment Advice
Limassol
219Trading 212 Markets Ltdwww.trading212.com398/21Execution of orders
Dealing on Own Account
Limassol
220Trading Point Asset Management Ltd www.trading-point.com256/14Portfolio ManagementLimassol
221Trading Point Of Financial Instruments Ltd www.trading-point.com120/10Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
222Triangleview Investments Ltdwww.3anglefx.com, www.3angleview.com384/20Reception and transmission
Execution of orders
Limassol
223Trilt Ltd www.trilt.com254/14Reception and transmission
Execution of orders
Limassol
224Triumph Int. (Cyprus) Ltd www.triumphfx.com293/16Reception and transmission
Execution of orders
Investment Advice
Limassol
225Trust Capital TC Ltd www.trustcapitaltc.com369/18Reception and transmission
Execution of orders
Limassol
226TTCM Traders Trust Capital Markets Ltd www.traders-trust.com107/09Reception and transmission
Execution of orders
Limassol
227UBK Markets Ltdwww.ubkmarkets.com186/12Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
228UGL Exchange Ltd www.uglexchange.com349/17(Withdrawn)Reception and transmission
Execution of orders
Limassol
229UGM Securities Ltdwww.ugm.com.cy352/17Reception and transmission
Execution of orders
Investment Advice
Nicosia
230UR Trade Fix Ltd www.tradeo.com282/15Reception and transmission
Execution of orders
Portfolio Management
Nicosia
231Vasby Capital Markets Limitedwww.doto.eu, www.eu.doto.com, www.doto.com/eu;399/21Reception and transmission
Execution of orders
Investment Advice
Limassol
232Veles International Ltd www.veles-int.com075/06Reception and transmission
Execution of orders
Nicosia
233Vistabrokers CIF Ltdwww.vistabrokers.com190/13Reception and transmission
Execution of orders
Limassol
234VM Vita Markets Ltd www.vita-markets.com373/19Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
235VPR Safe Financial Group Ltd www.alvexo.com236/14Reception and transmission
Execution of orders
Limassol
236W.G. Wealth Guardian Ltd www.wguardian.com353/17Reception and transmission
Portfolio Management
Investment Advice
Nicosia
237WGM Services Ltd www.wgmservices.com203/13Reception and transmission
Execution of orders
Dealing on Own Account
Nicosia
238Windsor Brokers Ltd www.windsorbrokers.eu030/04Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
239Wisdompoint Capital Ltd (ex Tradernet Limited)wisdompointcapital.com219/13Reception and transmission
Execution of orders
Limassol
240Wise Wolves Finance Ltdwww.wise-wolves.com337/17Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
241Wonderinterest Trading Ltdwww.wonderinterest.com307/16Reception and transmission
Investment Advice
Limassol
242Woodbrook Group Ltdwww.woodbrookgroup.com297/16Investment AdviceLimassol
243X Global Markets Ltdhttps://www.xglobalmarkets.com/171/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
244X Spot Markets (EU) Ltdwww.xspot.markets235/14Reception and transmission
Execution of orders
Portfolio Management
Investment Advice
Limassol
245XTB Ltd www.xtb.com169/12Reception and transmission
Execution of orders
Dealing on Own Account
Portfolio Management
Limassol
246XTrade Europe Ltdwww.xtrade.com108/10Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
247Zemblanco Investments Ltd www.zemblanco.com277/15Reception and transmission
Execution of orders
Dealing on Own Account
Limassol
248Zerich Securities Ltdwww.zerich.com115/10 (Under examination for voluntary renunciation of the authorisation)Reception and transmission
Execution of orders
Portfolio Management
Limassol

*License Explanations

Reception and Transmission of orders – The immediate transmission of a received order (buy/sell order) to a counterparty (Liquidity Provider) for execution.

Execution of orders on behalf of clients – Acting to conclude agreements to buy or sell one or more financial instruments on behalf of clients and includes the conclusion of agreements to sell financial instruments issued by an investment firm or a credit institution at the moment of their issuance.

Dealing on own account – Trading against proprietary capital resulting in the conclusion of transactions in one or more financial instruments.

Portfolio management – Managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more financial instruments.

Investment advice – The provision of personal recommendations to a client either upon its request or at the initiative of the investment firm, in respect of one or more transactions relating to financial instruments.

Underwriting and placing of financial instruments – Act by which the CIF is hired by an issuer (of new shares) to raise capital, by selling the new shares to investors. Placing (under MiFID) involves primary market (new shares) and not secondary market (redistribution of existing shares).

With a firm commitment basis – The CIF arranging the placing undertakes to purchase those MiFID financial instruments if it fails to place them with third parties (investors).

Without a firm commitment basis – The CIF arranging the placing does not undertake to purchase those MiFID financial instruments, if it fails to place them with third parties (investors).

 

Last update December 2019 – Brokers constantly change their regulatory statuses and conditions. It is highly recommended to verify relevant information for more accurate results.

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