BROCTAGON prime Review: Regulation, Licences & Platforms

BROCTAGON prime is a forex and CFD broker based in Cyprus and operated by the legal entity Broctagon Prime Ltd. The broker’s online presence is available at broprime.com. The sections below outline the regulatory information verified for this broker.

Regulation & licensing

BROCTAGON prime operates under the oversight of a single named regulator. The broker is authorised by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, holding licence number 320/17. The regulated legal entity associated with this authorisation is Broctagon Prime Ltd.

CySEC is the financial regulatory authority responsible for supervising investment firms and markets in Cyprus, a member state of the European Union. As the entity registered under this licence, Broctagon Prime Ltd is subject to the regulatory framework administered by CySEC.

Readers can confirm the current status and scope of this licence by consulting the public register maintained by CySEC using the licence number 320/17 and the entity name Broctagon Prime Ltd.

Before opening an account with any broker, it is advisable to verify the licence directly with the named regulator to confirm that the authorisation is current and applies to the services being offered.