PLUS500CY LIMITED

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last read2026-09-29

No local licensing here

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Tier

Regulator · held by

Licence

Supervision

Compensation

1 comparable supervision

Cyprus Securities and Exchange CommissionPLUS500CY LIMITEDdomain you looked up · 2026-09-29

250/14

Full: capital requirements, client-money segregation, regular reporting.

A scheme exists, but it usually does not cover clients resident abroad.

2 offshore registration

Financial Services Authority (Seychelles)Plus500SEY Ltddomain you looked up · 2026-09-29

no number published

Formal: the registration is real; supervision is limited.

None.

Same brand, other companies

DIFFERENT legal entities trade under one brand here, on different licences. The one you sign with decides which rung you are on: the protection differs, and the licence the brand advertises on its site may not be the one you get.

Not read by us yet

Check it yourself

https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/40631/

PLUS500CY LIMITED

Which company you actually sign with in Nigeria, and whose licence that is.

PLUS500CY LIMITEDthe company you looked up

Cyprus Securities and Exchange Commission · 250/14

Plus500SEY Ltdanother company under the same brand

Financial Services Authority (Seychelles) · no number published

Source

Rows

Last good read

Last attempt

Result

CY-CYSECCyprus Securities and Exchange Commission

248

2026-09-29

read

CY-ESMACyprus Securities and Exchange Commission (via ESMA register)

327

2026-09-29

read