Licences, Regulation & Compliance
GBE brokers is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) – one of the most well-known global financial regulators (registration number 240/14).
GBE brokers operates under the European Union’s “Markets in Financial Instruments Directive (MiFID)”, which aims to give investors the highest levels of protection and optimizes the way the markets function in terms of efficiency and transparency.
The objective of the ICF is to safeguard the requirements of clients against its members by paying compensation (up to 20,000 EUR or 90% of the covered investor’s claim, whichever is lower), for demands arising from covered services provided by its members in the cases that the member is unable to fulfill its obligations to:
Return Client’s funds to its covered Clients which are held by the member directly or indirectly in the framework of provision of covered services by the member to said Client, and which the latter requested the member to return, in exercise of their relevant right, or
Return to the covered Clients financial instruments which belong to them and which the member of the ICF manages or safeguards on their behalf, including cases in which the member is the manager of said financial instruments.
For more information about the Investor Compensation Fund, please click here to visit the CySEC website.
With its branch in Hamburg, GBE brokers is registered with the Federal Financial Supervisory Authority (BaFin) – which is Germany’s financial regulatory authority (Registration number: 148129).