CySECCyprusTier 2Licence number
320/17
View licence record- Licence holder
- Held by BROCTAGON prime
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for BROCTAGON prime
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
BROCTAGON prime has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for BROCTAGON prime, strongest authority first.
1 record
- CySECCyprusTier 2
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by BROCTAGON prime
Answered from the register entries on this page.
Most Popular Questions
Broctagon Prime Ltd prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from trading. The broker primarily serves clients within the European Union and globally with some exceptions.
Yes, Broctagon Prime Ltd requires Know Your Customer (KYC) verification for account opening. As part of their onboarding process, clients are required to upload identity documents and proof of residence
WikiFX
. Additionally, Broctagon Prime integrates with KYC providers like ShuftiPro and SumSub to ensure compliance with regulatory requirements.
According to WIKILIX data, Broctagon Prime Ltd offers a maximum leverage of 30:1. This leverage level aligns with regulatory limits set by CySEC for retail clients.
Broctagon Prime Ltd supports card transfers (credit/debit cards) for deposits, which are processed within hours. No specific deposit or withdrawal fees are disclosed, but users report possible delays in withdrawal processing. Other payment methods like PayPal and crypto gateways are not confirmed as available.
Broctagon Prime Ltd provides access to the MetaTrader 5 platform, a multi-asset trading software supporting desktop use. MT5 offers advanced analytics, faster execution, and algorithmic trading tools for Forex, stocks, and futures.
Broctagon Prime Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 320/17. Client funds are protected up to €20,000 through the Investor Compensation Fund (ICF). The broker operates under onshore regulation with a high transparency level.
BROCTAGON prime has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
BROCTAGON prime holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by BROCTAGON prime comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by BROCTAGON prime has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
BROCTAGON prime has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.