Forex Brokers in Cyprus

Cyprus Forex Brokers became very well known worldwide and indeed Cyprus is one of Europe’s largest financial and Forex trading hubs that shows its rapid growth with a number of significant comparison sites.

There are many reasons why the majority of European and international companies choose Cyprus as their base. Firstly, the low corporation rate within Europe, which attracts brokerage firms, then the location of the island and its membership in the EU, all goes with the availability of a solid financial background.

Cyprus Regulations

All that opportunities together open and an attractive possibility to offer trading services to citizens and residents of EEA, as well worldwide, while the financial service firm should be regulated and established in full compliance with the guidelines of MiFID (a cornerstone of the European regulation of financial activities).

Moreover, historically Cyprus took a path to be open for international businesses and is extremely welcoming for Forex business, check more historical breakdown through Wikipedia.

In addition, to strengthen investments and Forex industry Cyprus established governmental support through its established financial regulatory authority – CySEC (Cyprus Securities and Exchange Commission). Website: www.cysec.gov.cy , or read more about Cyprus Securities and Exchange Commission by the link. Here you can find info about CySEC regulated broker Xtrade.

CySEC before was a relatively new regulator, yet now sharpen its establishment controls over the firms and is very active by its inspections, application of regulatory terms but still remain open to new opportunities and attractive trading conditions. For this reason and the dynamic nature of the financial industry, we would advise you to follow official Twitter and stay alert with all the upcoming news @CySEC_official

Cyprus CySEC website

Best Forex Brokers Cyprus

Cyprus being a popular destination for Forex brokers will offer you a great number of trading firms that comply with its CySEC laws and are regulated, also according to ESMA European rules. To narrow your selecting below we list some of the best-regarded and those brokers that gain the highest Scores.

Cyprus Forex Brokers List

This is the list of Top Forex Brokers that accept clients from Cyprus:

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: CySEC, FSC, FSA
1
BDSwiss Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
HFM
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA
5
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
BlackBull Markets Review
Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: FSC, FSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, FBS trader, CopyTrade
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, VFSC
FXCC Review
hycm-forex-broker HYCM
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA, CySEC, DFSA, CIMA, FSC
HYCM Review