CySEC Regulated Forex Brokers

Cyprus, which is an island in the Mediterranean and part of the EU became one of the main hubs of Forex Companies. The destination is popular due to the possibility to carry out operations across Europe through relatively easy establishment conditions, its perfect location and availability of Forex regulatory agency together with low Cyprus taxes.

CySEC Forex Trading Platform

Every Forex Broker and FInancial firm has to be Authorized by local Regulatory BBody CySEC, which is compliant to European MiFID and ESMA.

Check CySEC official website – www.cysec.gov.cy , and we recommend following the regulator on Twitter – @CySEC_official

🏦Regulator  Cyprus Securities and Exchange Commission (CySEC)
📊Max. Leverage  30:1 
🔒Negative Balance Protection  Yes 
💰Compensation Scheme  No Compensation Scheme 

Cyprus Securities and Exchange Commission or CySEC regulates almost all of the Forex Companies in Cyprus.

  • There is a significant number of companies operating various types of financial activities including Forex Brokers out of Cyprus and comply 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. Here you can see TopFX broker.

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. Here you can see Xtrade a CySEC authorized broker.

Regulator CySEC

Best CySEC Regulated Forex Brokers

This is the list of some Brokers with a good reputation and trading conditions operating under CySEC licenses:

CySEC Forex Brokers List

These are the regulated brokers that accept clients from Cyprus or hold CySEC licesnses:

Broker Detail
LMAX Exchange Review LMAX Exchange
Min. Deposit: 10,000$
Max. Leverage: 1:30 | 1:500
Trading Platforms: LMAX Exchange Proprietary
Regulation: FCA, CySEC, FSP
LMAX Exchange Review
Sucden Financial logo Sucden Financial
Min. Deposit: 0 US$
Max. Leverage: 1:30
Trading Platforms: API Solutions, STAR, TT, CQG, Patsystems, smartTrade, Integral, Currenex
Regulation: FCA, NFA, SFC
Sucden Financial Review
Opteck Review Opteck
Min. Deposit: 250 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: Opteck WebTrader
Regulation: CySEC
Opteck Review
FxGrow Review FxGrow
Min. Deposit: US$100
Max. Leverage: 1:30
Trading Platforms: MT5, WebTrader, Mobile App
Regulation: CySEC
FxGrow Review
JFD Brokers Review JFD Brokers
Min. Deposit: 500 US$
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, MT5, Guidance
Regulation: CySec, BaFIN, VFSC
JFD Brokers Review
iTrader Review iTrader
Min. Deposit: 250 US$
Max. Leverage: 1:30
Trading Platforms: WebTrader, MT4
Regulation: CySEC, FSC
iTrader Review
Scope Markets
Min. Deposit: $50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: CySEC, IFSC
Scope Markets Review
FXOpen Review FXOpen
Min. Deposit: $1
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, TickTrader
Regulation: FCA, CySEC, ASIC
FXOpen Review
Skilling logo Skilling
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, cTrader, Skilling Trader
Regulation: CySEC, FSA
Skilling Review