CySEC Regulated Forex Brokers
For the last years, Cyprus, which is an island in the Mediterranean and 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 regulates almost all of the Forex Companies 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. Read more via Wikipedia
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 comply fully with the protective laws towards investors, their funds and interests.
Even though there are still many forex broker scams 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.
Best Forex Brokers CySEC
CySEC Forex Brokers List
These are the regulated brokers that accept clients from Cyprus:
Broker | Detail | |
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Min. Deposit: 200 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5 Regulation: ASIC, FCA, CySEC, EFSA, IIROC |
Admiral Markets Review |
|
Min. Deposit: 250 US$ Max. Leverage: 1:30 Trading Platforms: WebTrader, MT4 Regulation: CySEC, FSC |
iTrader Review |
|
Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, WebTrader Regulation: FCA, FSA, CySEC |
Tickmill Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:300 Trading Platforms: Trade.com WebTrader , MT4 Regulation: CySEC, FSCA |
Trade.com Review |
|
Min. Deposit: 0 US$ Max. Leverage: 1:30 Trading Platforms: LCG Trader, MT4 Regulation: FCA, CySEC |
LCG Review |
|
Min. Deposit: US$200 Max. Leverage: 1:30 Trading Platforms: eToro Platform Regulation: CySEC, FCA, ASIC, USA FinCEN |
eToro Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, AFX Fast Regulation: FCA, CySEC |
STO Review |
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