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, with the availability of large solid financial background. 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, Cyprus extremely welcoming and strengthen investments and Forex industry by the governmental support through its established financial regulatory authority – CySEC (Cyprus Securities and Exchanges Commission). CySEC is very active by its inspections, application of regulatory terms but still, remain open to new opportunities and attractive trading conditions.

  • The CySEC regulation gathers general operational standards, ensuring that the trading process runs according to safety measures on a regulated basis, improving transparency and enhancing money safety along with traders data security.
  • Furthermore, compliance with MiFID standards creates competition between the service providers, which brings more choices and lower prices for investors and traders worldwide.
  • The CySEC regulated companies and their clients are covered by the Investor Compensation Fund, which compensates up to 20,000€ in case of the broker’s insolvency.

Broker Regulation Detail User Reviews
etoro_review eToro CySEC,FCA, ASIC
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
0 Reviews eToro Review
Plus500 Broker review Plus500 FCA, CySEC, ASIC, MAS
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: Plus500 Platform
0 Reviews Plus500 Review
Amana Capital Review Amana Capital FCA, CySEC, DFSA
Min. Deposit: 50 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
0 Reviews Amana Capital Review
xm.com_review CySEC,FCA, ASIC
Min. Deposit: US$5
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, XM WebTrader
0 Reviews Review
FxPro Review FxPro FCA, CySEC, SCB, FSCA, DFSA
Min. Deposit: 500 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, FxPro Edge
6 Reviews FxPro Review
hycm-forex-broker HYCM FCA, CySEC, DFSA, CIMA
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4
0 Reviews HYCM Review
Tickmill Broker review Tickmill FCA, FSA, CySEC
Min. Deposit: 25 US$
Max. Leverage: 1:500
Trading Platforms: MT4, WebTrader
0 Reviews Tickmill Review Broker review CySEC
Min. Deposit: 100 US$
Max. Leverage: 1:300
Trading Platforms: Web, Mobile
0 Reviews Review
LCG London Capital Group review LCG London Capital Group FCA, CySEC
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: LCG Trader, MT4
0 Reviews LCG London Capital Group Review
easyMarkets CySEC, ASIC
Min. Deposit: 100 EUR
Max. Leverage: 1:30
Trading Platforms: MT4, WebTrader, Mobile App
0 Reviews easyMarkets Review