CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
BrokrpediaCheck a broker
Regulators · Europe

🇨🇾 CySEC Cyprus

Cyprus Securities and Exchange Commission

Check a firm

  1. Search the CySEC register ↗ for the exact company name and licence number the broker gives you.
  2. Match the website and phone number on the register to the ones you were given. Clone firms copy real names.
  3. Read the CySEC warnings ↗ and our copy of 206 CySEC warnings.
  4. Also check IOSCO I-SCAN ↗, which gathers warnings from regulators worldwide.

Official site: cysec.gov.cy/en-GB

Where to complain

  1. Complain to the firm first, in writing, and keep copies. Most schemes need this step.
  2. If it isn't fixed, go to Financial Ombudsman of Cyprus ↗. Using it is free.
  3. Tell the regulator: CySEC contact and complaints ↗.
  4. If the firm isn't licensed by CySEC, these routes may not help. Report fraud to your local police too.

Watch out: after you complain online, "recovery" firms may contact you. Regulators and ombudsmen never charge to get money back. Read about recovery scams.

Brokers in our list that state a CySEC licence (60)

CySEC register: Cyprus investment firms authorised to deal on own account (102)

Every active Cyprus investment firm (CIF) whose ESMA register entry includes dealing on own account, the service CFD and forex dealers are authorised for. Checked on 17 Oct 2026. Confirm the CIF licence number on cysec.gov.cy.