Central Bank of Curaçao and Sint Maarten (CBCS)
Tier 2The central bank of Curaçao and Sint Maarten.
Is CBCS regulation safe? Quick verdict
Short answer: yes, CBCS is a recognised, credible regulator — but it sits a notch below a tier-one authority like the FCA or BaFin. Central Bank of Curaçao and Sint Maarten (Curaçao) enforces licensing and conduct standards, yet it applies lighter rules and has no EU-style compensation scheme. A CBCS-regulated broker is legitimate; just treat it as solid rather than the strongest tier of protection.
How to check a broker's CBCS licence
The single best defence against a fake CBCS broker is a 60-second register check. Do this before you deposit:
- 1Find the broker's licence/registration number — it is usually in the website footer or "Legal" / "About" page, alongside the legal entity name.
- 2Open the official CBCS register at https://www.centralbank.cw/ and search that number (or the company name) directly — never click a "regulated by CBCS" badge on the broker's own site.
- 3Confirm the name, website and status on the register match the broker you are about to fund. If the entity is flagged, expired, or the domain doesn't match, walk away.
4 protections an CBCS licence gives retail traders
Here is what CBCS regulation actually means for your money — the parts that matter when something goes wrong:
Segregated client funds
CBCS-licensed brokers must keep client money in segregated accounts at reputable banks, separate from the firm's own operating capital. If the broker fails, your funds are ring-fenced and should not be used to pay the company's creditors.
Investor compensation
There is no statutory investor-compensation scheme under CBCS. If the broker becomes insolvent and client money is missing, there is no government-backed fund to reimburse you — a major difference versus the FCA (£85,000) or CySEC (€20,000). This alone is a reason not to keep large balances here.
Negative balance protection
Retail clients are protected against owing more than they deposit: if a violent market move pushes an account negative, the broker absorbs the shortfall. You cannot be chased for a debt beyond your balance.
Leverage limits
CBCS does not impose a hard retail leverage cap, so brokers can offer very high leverage — often 1:500 or more. High leverage magnifies both gains and losses and is one of the fastest ways to blow up an account; size positions accordingly.
CBCS-regulated brokers we track
Hover a broker to see the share of retail accounts that lose money. CFDs are high-risk.
Typical CBCS scams to watch for
An CBCS badge is exactly what fraudsters imitate. These are the patterns we see most often:
⚠The clone-broker trick
Fraudsters copy the real licence number and legal name of a clean CBCS broker, then build a near-identical website on a slightly different domain. The licence "checks out" — but it belongs to the legitimate firm, not the clone. Always confirm the exact website/domain on the CBCS register, not just the number.
⚠The bonus trap
Aggressive deposit bonuses are a classic red flag. If a broker claims to be CBCS-regulated while advertising a "100% deposit bonus" or guaranteed returns, it is almost certainly not genuinely regulated by CBCS — or is steering you to an unregulated offshore entity.
⚠Registered address, but no real licence
Many offshore brokers use a mailbox address in Curaçao to look locally regulated without holding a real CBCS licence — or they hold a licence for a different, unregulated activity. Being based in Curaçao is not the same as being authorised by CBCS. Check that the specific entity and activity are licensed.
Verdict: should you trust an CBCS broker?
A genuine CBCS-licensed broker offers solid protection. The single most important step is to verify the licence number yourself on the official register before you deposit a cent.
Below are the 1 CBCS-regulated brokers we currently track. If you are unsure whether your broker really plays by the rules, read our reviews or compare verified, safe alternatives.
Frequently asked questions
Is CBCS regulation safe?+
Yes — a CBCS licence is a recognised, credible sign of safety, provided you confirm the broker genuinely holds it. Client funds are segregated, though there is no statutory compensation scheme.
How do I check a broker's CBCS licence?+
Find the broker's licence number on its website, then search it on the official CBCS register (https://www.centralbank.cw/). Confirm the company name, website and "authorised" status all match. Never rely on a badge or a link supplied by the broker itself.
What happens if a CBCS broker goes bankrupt?+
Client money should be segregated and returned to you, but CBCS has no statutory compensation fund. If client money is missing, there is no government-backed scheme to reimburse you — one reason to keep balances modest under this regulator.
Can I trust a high-leverage CBCS broker?+
CBCS doesn't cap retail leverage, so brokers can offer 1:500 or more. That is legal here, but high leverage is the fastest way to lose your deposit. Trust the broker only after verifying the licence — and use leverage conservatively regardless.