CySEC Regulated Forex Brokers
For the last years, Cyprus, which is an island in the Mediterranean and the part of the EU truly became one of the main hubs of Forex Companies. The destination became popular due to a possibility to carry out operations across Europe through relatively easy establishment conditions, its perfect location and availability of regulatory agency together with low Cyprus taxes.
- Cyprus Securities and Exchange Commission or CySEC regulate most all of the brokers that are based and headquartered in Cyprus.
- Furthermore, there are a significant number of companies operating various types of financial activities out of Cyprus and complies with CySEC regulations too.
- CySEC operates as a subsidiary of the European MiFID which enables members to perform European businesses, yet throughout relatively easy regulatory guidelines and faster approval processes.
CySEC also is a broker-friendly authority that allows most of the financial practices that even showed cases indulged into some high-risk operations and resulted in criticism from the world respected authorities. However, the CySEC constantly reforms its guides in order to ensure that all CySEC Regulated Forex Brokers complies fully with the protective laws towards investors, their funds and interests. Even though there are still many scam brokerage firms establishing their headquarters in Cyprus, CySEC makes its best to assist and not to fall into trouble throughout their official website, where all necessary information about the company or another is listed. It is always strongly advised to choose among regulated brokers, as this is the only possibility to be covered and receive assistance in case the Broker is unscrupulous one.
| Broker | Detail | |
|---|---|---|
 Alpari | Min. Deposit: 20 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: SVG FSC, IFSC | 1 |
 FXTM | Min. Deposit: US$200 Max. Leverage: 1:30 | 1:200 Trading Platforms: MT4, MT5 Regulation: CySEC,FCA, FSCA | 2 |
 FP Markets | Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC | 3 |
 XM | Min. Deposit: US$5 Max. Leverage: 1:30 to 1:888 *Depends on the entity of the group Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, IFSC | 4 |
 GO Markets | Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, WebTrader Regulation: ASIC | 5 |
 Exness | Min. Deposit: 1 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC | Exness Review |
 FBS | Min. Deposit: 10 EUR Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: CySEC | FBS Review |
 Plus500 | Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: Plus500 Platform Regulation: FCA, CySEC, ASIC, MAS | Plus500 Review |
 eToro | Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: eToro Platform Regulation: CySEC,FCA, ASIC | eToro Review |
 SMFX | Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC | SMFX Review |