CySECCyprusTier 2Licence number
066/06
View licence record- Licence holder
- Held by SIB
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for SIB
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
SIB 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 SIB, 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 SIB
Answered from the register entries on this page.
Most Popular Questions
SIB supports trading in various regulated financial instruments including Forex, stocks, options, derivatives, commodities, securities, futures, and CFDs. However, binary options are subject to trading limits.
Yes, SIB offers customer support in English and provides live chat support during business hours. Clients can also contact support via phone or email for assistance, ensuring multiple channels for communication.
the maximum leverage available to clients is 10. This leverage level aligns with the broker's regulatory framework under CySEC, which aims to protect retail investors by limiting excessive leverage.
SIB offers several funding methods including bank transfers, credit/debit cards, Skrill, PayPal, and cryptocurrencies. Deposit fees vary by method, for example, credit/debit cards incur a 1.49% fee, while bank transfers have no deposit fees. Withdrawal fees and minimum amounts also differ depending on the chosen method.
SIB (CYPRUS) LIMITED is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 066/06. It operates under onshore regulation with client fund insurance up to €20,000 through the Investor Compensation Fund. The broker complies with high transparency and regulatory standards within the EU.
SIB 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.
SIB 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 SIB 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 SIB 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.
SIB has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.