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Licence record

Prochoice: CySEC licence 100/09

Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Straight Through Processing(STP)

This is Wikilix's record of a licence issued by Cyprus Securities and Exchange Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Aug 3, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 100/09

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
Prochoice Chrimatistiriaki Ltd
Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Straight Through Processing(STP)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/prochoice/licenses/cyprus-securities-and-exchange-commission/100-09Fields on file 2 / 11

Open ProchoiceAll Prochoice licencesAbout CySEC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
Cyprus
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
100/09
Licence type (Wikilix classification)
Straight Through Processing(STP)
The authority

About CySEC

Cyprus Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2001
Oversight
A government or statutory body
Firms we track under it
216 firms
Regulates
Forex, Stocks, Options, Derivatives, Commodity, Securities, Futures, CFD
Licences it issues
CIF – Own Account / Matched Principal (CFDs)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how Prochoice applies it.
The holder

Who holds this licence

The licence above is recorded against Prochoice. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Prochoice Chrimatistiriaki Ltd
Based in
Cyprus
Wikilix score
50.5the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • PROCHOICE CHRIMATISTIRIAKI LIMITEDCyprus · Reg. HE228429 · Jul 1, 2009
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence 100/09 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
Prochoice holds this CySEC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the CySEC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates CySEC tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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