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Tsquared Services

Forex Brokers & CIFs · Nicosia

Forex Brokers & CIFs Accountants in Nicosia

Tsquared is an accounting firm serving forex brokers, CIFs, payment and trading firms in Nicosia, Cyprus. Tsquared supports Cyprus forex brokers and CIFs with regulatory accounting, capital-adequacy monitoring, client-money reconciliations, CySEC reporting, tax planning and audit.

Nicosia: The capital, where the Tax Department, CySEC and most government registries are based. We meet clients in person in Nicosia or online, and handle every filing with the Cyprus Securities and Exchange Commission (CySEC) on your behalf.

Services for forex brokers, CIFs, payment and trading firms in Nicosia

  • Tax Planning & Preparation
  • Bookkeeping & Accounting
  • Payroll Management
  • Financial Consulting & Advisory
  • Audit & Assurance

Common challenges we handle

  • Capital adequacy under IFR/IFD
  • Client-money reconciliations
  • CySEC prudential returns
  • Introducing-broker payments
  • Transfer pricing across groups

Challenges you face, solutions we provide

Challenge: Capital adequacy under IFR/IFD

Our solution: Monthly IFR/IFD monitoring against minimum, fixed-overheads and K-factor requirements

Challenge: Client-money reconciliations

Our solution: Daily client-money reconciliations and the annual safeguarding audit

Challenge: CySEC prudential returns

Our solution: Every CySEC prudential and statistical return filed on time

Challenge: Introducing-broker payments

Our solution: IB and affiliate contracts, VAT treatment and KYC kept clean

Challenge: Transfer pricing across groups

Our solution: Transfer-pricing documentation and benchmarking for the whole group

Frequently asked questions

Do you have accountants for forex brokers, CIFs, payment and trading firms in Nicosia?
Yes. We serve forex brokers, CIFs, payment and trading firms in Nicosia with in-person and remote meetings and a dedicated accountant.
How much does an accountant in Nicosia cost?
Fees depend on the size and complexity of your affairs. We give a fixed-fee proposal after a free 30-minute consultation.

Related guides

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