The major regulator: CySEC

In 2008 Cyprus became a member of the European union, leading many financial companies to relocate there, looking for less regulated financial backgrounds. However, since 2012 CySEC (the Cypriote Financial Agency) decided to regulate all online trading platforms, in order to assure safety to their investors.
That led the CySEC to be the first national agency to recognize (and regulate) the online market.
Today, CySEC means safety, security, reliability.
Online platforms not regulated by CySEC are mostly scam companies waiting for incautious traders.

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