CIF
Grade B
Cyprus Investment Firm · Cyprus · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Authorized capital
160,000 - 800,000
required to operate
Time to obtain
6 months or longer
typical licensing process
TrustFinance grade
of A to D
Requirements to get licensed
License requires
- Registered office in Cyprus
- Daily, weekly, and monthly reports
- Funds level should stay above the limit specified by the CySEC
- Staff should use their own name to communicate with clients
- Criminal records
- Have a proper system to prevent money laundering and terrorist financing
- An annual statement
- Capital requires €150,000 for STP, and €750,000 for market maker
Documents require
For Brokerage Company;
- Group Structure
- Organisational Structure
- People Proofs of each key person (Notarized Passport, Notarized Proof of Address, Bank Reference Letter, Original professional Reference Letter, Certified Certificate of Non-Bankruptcy and Non-Criminal Records, Bank Statement, Diploma, Source of Funds, Tax Declaration)
- Marketing Plan
- Financial Plan
About this regulator
A Cyprus Investment Firm “CIF” is an entity that provides investment services and activities in the Republic. It can also be a third-country firm operating through establishing a branch in Cyprus.
Companies holding this license
Companies on record, each linking to its verification page.