CySECCyprusTier 2Licence number
100/09
View licence record- Licence holder
- Held by Prochoice
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for Prochoice
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
Prochoice 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 Prochoice, 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 Prochoice
Answered from the register entries on this page.
Most Popular Questions
Prochoice is regulated in Cyprus and serves clients globally with exceptions. Trading is prohibited for residents of the USA, North Korea, Iran, and other sanctioned countries as per regulatory guidelines.
Prochoice offers live chat support during business hours. Other contact methods such as phone numbers or email addresses are not specified in the provided context.
The provided context indicates that Prochoice does not charge commissions, but details about spread types or average spreads are not specified. Additional trading cost information is not available.
Prochoice provides a maximum leverage of 30, which aligns with regulatory limits set by CySEC. This leverage level is typical for brokers regulated within the European Union.
Prochoice offers a range of regulated financial instruments including Forex, Stocks, Options, Derivatives, Commodities, Securities, Futures, and CFDs. Binary options are also listed as a trading limit under their conditions.
Prochoice Chrimatistiriaki Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 100/09. It operates onshore in Cyprus and offers client fund insurance up to €20,000 through the Investor Compensation Fund. The broker complies with regulatory standards including transparency and complaint mechanisms.
Prochoice 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.
Prochoice 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 Prochoice 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 Prochoice 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.
Prochoice has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.