CySECCyprusTier 2Licence number
253/14
View licence record- Licence holder
- Held by PRCBroker
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for PRCBroker
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
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
PRCBroker has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 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.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Licence record
Licences on record
Every licence on record for PRCBroker, strongest authority first.
2 records
- CySECCyprusTier 2
VFSCVanuatuTier 4Licence number
14788
View licence record- Licence holder
- Held by PRCBroker
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
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 PRCBroker
Answered from the register entries on this page.
Most Popular Questions
PRCBroker prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from trading. The broker’s licenses cover most countries worldwide with some regional exceptions. Availability may vary depending on local regulations.
According to WIKILIX data, PRCBroker offers a maximum leverage of up to 100:1. This leverage level applies to its trading accounts and is subject to regulatory limits depending on the jurisdiction.
Yes, PRCBroker requires verification for deposits and withdrawals. This includes confirming the identity of the account holder to comply with regulatory standards. Verification is necessary to process withdrawals and to ensure funds are returned to the original payment method.
PRCBroker accepts deposits via bank wire transfer, credit/debit cards, and e-wallets like Skrill and Neteller. Deposits typically process within 24 hours, while withdrawals by bank wire can take up to 5 business days. No deposit or withdrawal fees are charged by PRCBroker, but third-party fees may apply, and withdrawals must be made to verified accounts matching the original deposit method.
PRCBroker supports MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms are available for desktop use and offer advanced trading tools, including charting and automated trading features. MetaTrader 5 also supports multiple asset classes such as Forex, stocks, and futures.
PRCBroker is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC). CySEC is an onshore regulator with high transparency and client fund insurance up to €20,000. VFSC is an offshore regulator with lower regulatory standards and no client fund insurance. PRCBroker holds licenses that allow it to operate retail Forex and CFD trading.
PRCBroker has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
PRCBroker holds licence records issued by CySEC, VFSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by PRCBroker 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 2 licence records held by PRCBroker 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.
PRCBroker has licence records in Cyprus, Vanuatu. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.