Cyprus – Cyprus Investment Firm
Cyprus Securities & Exchange Commission | Timeframe: 10-12 months
License Overview
Regulatory Authority
Cyprus Securities & Exchange Commission
(CySEC)
License Type
Cyprus Investment Firm
(CIF)
Timeframe
10-12 months
Shareholders
Corporate body or individual
Capital & Leverage
Required Capital
EUR 75,000 – Reception & Transmission, Execution of Orders, Portfolio Management, Investment Advice (without holding client funds)
EUR 150,000 – STP License with all above services (with holding client funds)
EUR 750,000 – Market Maker License including Dealing on Own Account (with holding client funds)
Leverage
30:1 for major currency pairs
20:1 for non-major pairs, gold & major indices
10:1 for commodities & non-major indices
5:1 for individual equities
2:1 for cryptocurrencies
Operational Requirements
Physical Presence
Local office required
Staff Requirements
- 4 Directors (2 executive, 2 non-executive)
- Compliance Officer
- Risk Manager
- Finance Manager
Why Cyprus?
- Full EU membership with passporting rights to all EEA countries
- MiFID II compliant regulatory framework
- Access to European investor base
- Strong investor protection mechanisms
- Well-developed financial services infrastructure