CySEC regulates investment services in Cyprus and is widely seen as the gateway to the EU under MiFID II passporting. Many large retail brokers hold a CySEC license plus one or more "passported" authorisations across EEA.
- Investor protection
- €20,000Up to €20,000 per eligible claimant via the Investor Compensation Fund (ICF).
ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator. Australian regulation requires client money to be kept in segregated trust accounts at AA-rated banks.
- Investor protection
- No statutory investor protection
The IFSC in Belize is a light-touch regulator. It licenses FX brokers but with limited oversight, no capital adequacy checks comparable to FCA/ASIC, and no investor compensation scheme.
- Investor protection
- No statutory investor protection