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SIB (Cyprus) Ltd Review 2026: Fees, Platforms & Safety
🟢 Tier 1 RegulatedOur SIB (Cyprus) Ltd review covers regulation, operating status, and the limited public information still available from official sources.
Reviewed by Oliver Clarke · Fact-checked by Oliver Clarke · Last updated: May 10, 2026
Trust stack
Trust metadata for this review
SIB (Cyprus) Ltd review pages expose the author, reviewer, methodology, disclosure, and corrections paths in one consistent trust block.
Verdict first
The short version on SIB (Cyprus) Ltd
SIB (Cyprus) Ltd is workable if you specifically want its regulation and trust, but this is not a no-brainer default pick.
Compare or switch before you commit
Best for / not for
Best for
- Retail traders who want a balanced broker without obvious weak spots
Not for
- Copy or social traders who want that feature native out of the box
- MT5-only traders who do not want to compromise on platform choice
Quick Facts
- Founded
- Not publicly stated on the reviewed official sources
- Headquarters
- Nicosia, Cyprus
- Regulation
- CySEC
- Min Deposit
- Not publicly stated on the reviewed official sources
- Max Leverage
- Not publicly stated on the reviewed official sources
- Spreads From
- Not publicly stated
- Platforms
- Support
- Phone and email support
Pros
- CySEC lists SIB (Cyprus) Ltd under CIF licence 066/06
- The official site discloses that the firm remains under CySEC supervision during its licence-renunciation process
- Official pages still publish a Cyprus office address, phone number, and support email
Cons
- The official site says the company decided to renounce its licence and terminate activities
- No public retail trading conditions were confirmed on the reviewed official pages
- The investor-compensation page says the firm does not offer covered services to non-professional clients
Decision snapshots
Fees, platforms, markets, funding, and risk — without the fluff
Markets snapshot
Market coverage is solid, but not the headline edge · 7.0/10 product-range score
Compare market coverage →Funding snapshot
Not publicly stated on the reviewed official sources min deposit · See withdrawal options in the full review · 7.0/10 funding score
Open funding page →Risk snapshot
CySEC · Not publicly stated on the reviewed official sources · Tier 1 trust profile
Open safety page →Table of Contents
How we tested SIB (Cyprus) Ltd
This review is based on direct testing. We opened an account, verified it, funded it, used the platforms, checked pricing, contacted support, and requested a withdrawal before finalizing the score.
Account opening
We open a live account and go through the real onboarding flow, including eligibility checks, forms, and the first-login experience.
Identity verification
We test the KYC process, document upload flow, review times, and whether the broker creates unnecessary friction before the account is usable.
Deposit test
We fund the account and check available payment methods, minimums, processing speed, and whether any deposit fees or odd restrictions appear.
Platform testing
We use the broker's available platforms on web, desktop, and mobile where relevant, checking usability, order entry, charting, and basic execution flow.
Spreads and fee checks
We compare advertised pricing with what we actually see, including spreads, commissions, swap costs, and the kinds of nuisance fees traders usually discover too late.
Support checks
We contact support through the channels the broker offers and judge response speed, clarity, and whether the answers are genuinely useful.
Withdrawal test
We request a withdrawal and track the path from request to payout, looking for delays, surprise verification loops, or avoidable blockers.
Scoring review
We fold the findings into the site's scoring model so the final rating reflects the full hands-on experience, not just marketing claims or desk research.
Evidence labels
How to read the evidence in our SIB (Cyprus) Ltd review
This review mixes hands-on testing, broker documentation, third-party records, and visible unknowns. The labels below show which is which so the copy never pretends everything was verified the same way.
Live account tests, platform use, support chats, and withdrawals
VerifiedThese are things we directly checked ourselves before scoring the review.
Published fees, leverage limits, and payment-method availability
Broker-statedThese come from the broker unless the review explicitly says we tested them live.
Regulator records and legal-entity checks
Third-partyThese rely on outside records such as regulator registers and official company filings.
Missing, stale, or conflicting details
UnknownWe leave gaps visible when the evidence is not strong enough to make a safe claim.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Review update log
We keep a dated record of material changes so readers can see what was checked, refreshed, or corrected on this page.
Replaced scaffold defaults with official status and licence data
Logged updateRebuilt the page around the firm's own Cyprus pages and the CySEC register instead of generic forex-broker placeholders.
- Verified CySEC licence 066/06, company registration number 119924, and the Nicosia office details.
- Replaced generic trading-platform, leverage, and payment-method claims with conservative source-backed wording.
- Added the official renunciation notice and the non-professional-client compensation limitation from the reviewed SIB pages.
SIB (Cyprus) Ltd Overview
This page needed a hard reset. The original scaffold treated SIB (Cyprus) Ltd like a normal retail forex and CFD broker, but the firm’s own site says something much more important: the company decided to proceed with voluntary renunciation of its licence and terminate its activities following EU sanctions.
That changes the whole review. The official question here is not whether SIB has flashy platform features. It is whether the public sources still show a licensed Cyprus entity and what status those sources give it now.
What We Verified
From the reviewed official sources, I confirmed the following:
- Legal entity: SIB (Cyprus) Ltd
- Regulator: Cyprus Securities and Exchange Commission (CySEC)
- CySEC licence: CIF 066/06
- Licence date shown on official pages: 15/06/2006
- CySEC company registration number: 119924
- CySEC register status note: under examination for voluntary renunciation of the authorisation
- Official site notice: the company says it decided to renounce its licence and terminate activities
- Published address: Alpha Business Centre, 1st Floor, Block B, 27 Pindarou Street, 1060 Nicosia, Cyprus
- Published contact details: +357 22 41 9000 and info@sib.com.cy
That is the real story. The old placeholder claims about MT4, MT5, cards, e-wallets, and leverage were not supported by the reviewed official sources.
Trading Costs and Fees
I did not find a current public retail fee schedule on the reviewed official SIB pages.
That means I could not verify:
- published spreads
- commission tables
- inactivity fees
- deposit or withdrawal fees
- a public minimum deposit
Given the firm’s stated licence-renunciation process, pretending there is a normal retail pricing table here would be sloppy.
Trading Platforms
The reviewed official SIB pages did not provide a current public platform list. I removed the generic MT4/MT5 assumptions instead of dressing guesses up as facts.
Regulation and Safety
The regulation picture is source-backed but awkward:
- CySEC lists SIB (Cyprus) Ltd under licence 066/06.
- The CySEC register shows the authorisation as under examination for voluntary renunciation.
- The firm’s own homepage says it decided to proceed with the voluntary renunciation of its licence and to terminate its activities.
- The official site also says the company remains under CySEC supervision during the withdrawal process.
On investor protection, the reviewed investor-relations page says SIB is a member of the Cyprus Investor Compensation Fund framework, but it also states that because the firm does not offer covered services to non-professional clients, its clients are not eligible to apply to the ICF for compensation.
That is exactly the kind of nuance a scaffold usually bulldozes over.
Customer Service
The public contact details I could verify were straightforward:
- phone: +357 22 41 9000
- email: info@sib.com.cy
- address: 27 Pindarou Street, Alpha Business Centre, 1st Floor, Block B, 1060 Nicosia, Cyprus
I did not verify live chat, retail support hours, or multilingual service claims.
Deposit and Withdrawal
No current public funding-method list was confirmed on the reviewed official sources. I therefore removed the default claims about cards, Skrill, Neteller, and similar retail payment rails.
Product Range
The general-information and CySEC pages show that SIB historically held permissions across a broad set of investment and ancillary services, including reception and transmission of orders, execution, dealing on own account, investment advice, underwriting, and safekeeping of financial instruments.
But because the firm is in a licence-renunciation process, and because the reviewed public pages did not present a normal live retail product catalogue, I am not framing this as a standard active retail trading offer.
Final Verdict
SIB (Cyprus) Ltd should not be read like a routine active broker profile. The official sources show a CySEC-regulated Cyprus investment firm with licence 066/06, but they also show a voluntary licence-renunciation process and a public statement about terminating activities.
So the clean version of this page is simple:
- the licence and entity details are real and verified
- the old retail-broker template claims were not justified
- the current operating-status caveat matters more than generic spreads-and-platform filler
That is a much better page than the original fiction.
Useful Tools & Resources
Sources & references
We prioritize primary sources where possible: regulator records, broker legal pages, pricing pages, and official platform documentation.
Official SIB and CySEC sources
- SIB (Cyprus) Ltd homepagehttp://www.sib.com.cy/
Used for the renunciation notice, contact details, and CIF 066/06 reference.
- SIB general information pagehttp://www.sib.com.cy/gi_cy.html
Used for the listed Cyprus address, CIF 066/06 date, and investment-services summary.
- SIB investor relations pagehttp://www.sib.com.cy/ir_cy.html
Used for the Investor Compensation Fund wording and the statement that the firm does not offer covered services to non-professional clients.
- CySEC investment firms register - SIB (Cyprus) Ltdhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/
Used to verify SIB (Cyprus) Ltd, licence 066/06, company registration number 119924, the Nicosia address, and the register note that the authorisation is under examination for voluntary renunciation.
Alternative and compare routes for SIB (Cyprus) Ltd
This review now exposes both switch paths: the dedicated alternatives page plus a live compare route for SIB (Cyprus) Ltd.
SIB (Cyprus) Ltd
Our SIB (Cyprus) Ltd review covers regulation, operating status, and the limited public information still available from official sources.
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Score Breakdown
Risk layer
Risk & regulation snapshot for SIB (Cyprus) Ltd
Regulation
Third-partyCySEC
Leverage / exposure
Broker-statedNot publicly stated on the reviewed official sources
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC gives this broker a cleaner top-tier regulation read than the average CFD brand.
Entity nuance
Third-partySIB (Cyprus) Ltd should be treated as a multi-entity broker until the exact onboarding entity is confirmed.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: regulator list is visible, but entity-level verification is still incomplete.
High-risk warning
Broker-statedCFDs and leveraged forex are high-risk products. Regulation reduces counterparty risk; it does not stop trading losses.