CySEC Regulated Forex Brokers with the Highest Leverage
Forex brokers in Cyprus are regulated by the well-known Cyprus Securities and Exchange Commission (CySEC). However, since a new regulation (which is ESMA or European Securities and Markets Commission) is introduced, there are no high leverage forex brokers left in Cyprus.
According to the ESMA rules, forex brokers can offer a maximum leverage of 1:30 on major forex pairs to clients categorized as “non-professional” traders. This restriction is aimed to check the broker’s requirements for being a “professional,” but this usually requires a trading account of significant size. Nevertheless, some CySEC regulated brokers who are registered under other offshore jurisdictions can still offer the flexibility of trading with high leverage.