CySEC Regulated Forex Brokers with the Lowest Spread

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Cyprus has traditionally been one of the most popular jurisdictions for all kinds of finance companies in Europe, including forex & CFD brokers. This is particularly because Cyprus has business-friendly tax policies there. Any brokers that are based in Cyprus will then be regulated by Cyprus Securities and Exchange Commission (CySEC).

A s a popular jurisdiction for all types of online brokers, there have been many forex brokers headquartered there, including low spread forex brokers. This low spread condition can help traders in cutting their costs while trading on the forex market. If you want to trade on CySEC forex brokers with the lowest spread, here are some recommendations.

 


May 12 2024

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Score Broker EUR/USD GBP/USD USD/JPY GBP/JPY USD/CAD EUR/AUD EUR/JPY EUR/GBP NZD/USD USD/CHF

Additional FAQ

CySEC is run by a board of five people, along with two full-time staff members, a chairman, and a vice chairman. On the highest part of that, the Central Bank of Cyprus is represented by a board member who does not have a vote. The government is also attached to CySEC, in which the Minister of Finance makes suggestions to the Ministerial Council about who should be on the boards of directors.

Continue Reading at A Guide to Cyprus Securities and Exchange Commission (CySEC)

Given the importance of spreads in day trading, it is essential to find a broker that offers low spreads. Lower spreads can help day traders reduce their trading costs, which in turn can lead to increased profits.

It is noteworthy that IC Markets stands out in this regard because it offers lower spreads compared to its counterparts. For instance, the average spread on the EUR/USD for IC Markets' standard account is around 0.62 pips while FP Markets' is around 1.2 pips.

Continue Reading at Broker for Day Trading: FP Markets or IC Markets?

The CySEC, also known as the Cyprus Securities and Exchange Commission, is a government-owned financial regulatory body based in Cyprus. Since Cyprus is a member state of the European Union, all states listed as members of the European Union recognize financial companies licensed by CySEC.

CySEC might happen to be the largest government-owned regulatory agency of forex and binary options brokers in the world. The agency is responsible for granting as well as monitoring operation licenses to brokerage firms.

Continue Reading at Comparing CySEC Vs FCA Regulation

CySEC (Cyprus Securities and Exchange Commission) is an independent public supervisory authority responsible for the following:

  • overseeing the investment services market, transferable securities transactions, and the collective investment and asset management sector
  • regulates firms that provide administrative services
  • market surveillance and investigations

Continue Reading at 6 Best Forex Broker Regulators in the World