Alexander Mason272_ Mitchell#12
What is CySEC’s role in European forex regulation?
CySEC (Cyprus Securities and Exchange Commission) supervises brokers under EU’s MiFID II framework. Many global brokers operate from Cyprus due to EU passporting, allowing access across Europe. Benefits: regulated environment with investor compensation funds. Risks: weaker enforcement compared to FCA or ASIC, leading to past scandals. Institutions use CySEC brokers for EU access, while retail traders should confirm registration. CySEC illustrates how jurisdiction reputation matters—regulation exists, but enforcement strength differs.
2个月前
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