The largest map marker hides a small island in the eastern tip of the Mediterranean. As can be seen from the data visualization, the majority of companies offering trading in foreign exchange and contracts for difference feel particularly at home in the sunny south, or more precisely - in the geographical triangle between Antalya, Tripoli and Alexandria. Whether it is ultimately due to the special attractiveness of a work-live balance, the miles of sandy beaches, the labor market or some other fortunate circumstance cannot be precisely determined.
The concentrated competence of the financial service providers is confronted with a supervisory authority that should have its hands full monitoring 80% of the CFD&FX providers operating in Europe without being accused of regulatory arbitrage. A mammoth task, if you put the number of customers issued by the financial service providers in relation to the number of inhabitants of the small island state.
According to Wikipedia, Cyprus - the island in the eastern Mediterranean - has a population of 1.2 million. etoro - one of the most aggressively growing companies - counted 24.8 million users in 2022 - source also Wikipedia. In other words, for every citizen registered in Cyprus, there are about 20 registered etoro users. Chapeau!
By the way:
Our Geo-Cluster is another visual view that complements the Sedcards
portfolio and the Visual Brands
. The Map View allows you to customise the map view to your needs. You have a zoom function and many other functionalities as you have come to appreciate from Google Maps. With regard to the companies in the DDH Coverage, we provide you with further options to make your research even more comfortable. For example, the panels on the right and at the bottom serve to search by country of origin and competent supervisory authority.
There is also a 3D view. Simply drag the small person symbol, which you will find at the bottom right of the map (above the zoom elements +/-), onto one of the map markers and you will be in Nicosia, Limassol or Malta and thus in financial centres and financial hubs of the CFD and FX industry in no time. We hope you have fun exploring!