Cyprus: Securities

When a Forex or CFD broker's written agreement states "execution-only" service, but account managers regularly recommend specific trades, position sizes, and additional deposits, does the contractual label reflect reality? This analysis examines the critical distinction between genuine execution-only services and situations where firms may be providing investment advice without proper regulatory safeguards, and why the actual communications between broker and client can matter more than the written terms.

The Cyprus Securities and Exchange Commission (CySEC) has recently issued a guide (Guide) warning about potential risks posed by financial promotion on social media.

Regular training programs for staff on compliance and regulatory changes are essential for maintaining an informed and compliant workforce.