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Why Are There So Many Forex Brokers In Cyprus

Moderators: mntiwana, mrtools



Re: Why Are There So Many Forex Brokers In Cyprus

#14
Yeah, uou might be right LazarR. Brokers registered in offshore zones are famous for its light touch regulation, if any at all… they have to satisfy some small prerequisites, such as capital adequacy to demonstrate their financial standing up to $500 000 for instant and there is nothing like the Investor Compensation Fund for example, which is able to pay compensation up to €20,000.

Re: Why Are There So Many Forex Brokers In Cyprus

#15
Krelian99 wrote:
Thu Apr 05, 2018 8:36 pm
bonifaas_abe wrote:
Thu Mar 29, 2018 5:03 pm
Hello mntiwana
Please share more of your opinion about the brokers based in the Seychelles and Caribbean
The customer service of Tickmill said the Seychelles doesn't allow customers from the EU anymore.
Oooh Wow , that is unfortunate . Thanks for sharing Krelian99


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