Cyprus financial regulator CySEC has issued an information circular, providing what it calls “additional guidance” to CIF licensed brokers on the types of bonus incentives which are no longer permissible to be offered to retail clients
We believe that it was erroneously reported in certain other blogs that CySEC was going to allow a very limited number of client incentives.
However, it looks like that isn't the case, and was just a misunderstood sarcastic reference made by CySEC, that if brokers really want to give "bonuses" to clients, they should just tighten their spreads.
The full text of the CySEC circular, and a complete list of incentive activity no longer allowed, can be seen now at
We believe that it was erroneously reported in certain other blogs that CySEC was going to allow a very limited number of client incentives.
However, it looks like that isn't the case, and was just a misunderstood sarcastic reference made by CySEC, that if brokers really want to give "bonuses" to clients, they should just tighten their spreads.
The full text of the CySEC circular, and a complete list of incentive activity no longer allowed, can be seen now at