Cyprus is a popular country for forex brokers (I don't know why), and thus there are many CySEC-regulated brokers. They gain the fact that Cyprus is part of EU, and then, they are regulated at EU level.
Is CySEC as reliable as FCA?
Cyprus is a country in which banks bankrupts, then how much regulatory protection is reliable?
There are some good brokers (services and specifications based in Cyprus, and it is not easy to ignore them, but Cyprus-based fact makes it a little bit shaky.
Is CySEC as reliable as FCA?
Cyprus is a country in which banks bankrupts, then how much regulatory protection is reliable?
There are some good brokers (services and specifications based in Cyprus, and it is not easy to ignore them, but Cyprus-based fact makes it a little bit shaky.