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Licence record

SIB: CySEC licence 066/06

Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Market Making(MM)

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 066/06

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

Holder
SIB (CYPRUS) LIMITED
Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Market Making(MM)

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

wikilix.com/brokers/sib/licenses/cyprus-securities-and-exchange-commission/066-06Fields on file 2 / 11

Open SIBAll SIB 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
066/06
Licence type (Wikilix classification)
Market Making(MM)
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 SIB applies it.
The holder

Who holds this licence

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

Broker
SIB (CYPRUS) LIMITED
Based in
Cyprus
Wikilix score
57.6the 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.

  • SIB (CYPRUS) LIMITEDCyprus · Reg. HE119924 · Jun 15, 2006
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
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.
Licence 066/06 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
SIB 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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