Forex Brokers Located In Cyprus
Forex broker regulation in Cyprus is managed by CySEC (Cyprus Securities and Exchange Commission). Many consider that the regulation of CySEC is loosened than other European countries, but that is not entirely true. All regulations of the ESMA (European Securities and Markets Authority), specifically restrictions on leverage, still apply in Cyprus.
Although it's considered as a small country, Cyprus can be called a haven for forex brokers in Europe. Many brokers choose Cyprus as a proxy to spread its wings on the forex market. Over time, the development of Cyprus-regulated forex brokers is increasingly massive.
| Broker | Max Leverage | Min Deposit | |
|---|---|---|---|
| Windsor Brokers China 1998
| 1:500 | $100 | Review |
| Pepperstone Australia 2010
| 1:30 | $200 | Review |
| easyMarkets Australia 2001
| 1:400 | $25 | Review |
| Exness Cyprus 2008
| 1:2000 | $1 | Review |
| Fxview Cyprus 2018
| 1:30 EU 1 | $5 | Review |
| Plus500 Australia 2008
| 1:300 | $100 | Review |
| Libertex Armenia 1997
| 1:600 | $1 | Review |
| eToro China 2007
| 1:400 | $200 | Review |
| HF Markets Cyprus 2010
| 1:1000 | $5 | Review |
| OvalX Cyprus 1965
| 1:400 | $100 | Review |
| FXPRIMUS Cyprus 2009
| 1:500 | $2500 | Review |
| FXTM Belize 2011
| 1:2000 | $10 | Review |
| FxPro Bahamas 2006
| 1:50 | $100 | Review |
| BDSwiss Cyprus 2012
| 1:400 | $100 | Review |
| FIBOGroup Austria 1998
| 1:1000 | $1 | Review |
| Orbex Cyprus 2009
| 1:500 | $200 | Review |
| JustForex Cyprus 2012
| 1:3000 | $1 | Review |
| IronFX Australia 2010
| 1:30 | $100 | Review |
| ForexMart Cyprus 2014
| 1:500 | $1 | Review |
| XM Australia 2009
| 1:888 | $5 | Review |
| NordFX Cyprus 2008
| 1:1000 | $10 | Review |
| Olymp Trade Cyprus 2014
| 1:500 | $2 | Review |
| iFOREX Cyprus 1996
| 1:30 | $100 | Review |
| Xtrade Cyprus 2010
| 1:400 | $100 | Review |
| TriumphFX Australia 2009
| 1:500 | $100 | Review |
| Blackwell Global Bahamas 2010
| 1:200 | $1 | Review |
| MARKETSX Cyprus 2006
| 1:300 | $100 | Review |
| Royal Australia 2008
| 1:30 | $50 | Review |
| FXGlory Cyprus 2011 | 1:3000 | $1 | Review |
| EverFX Cyprus 2015
| 1:500 | $250 | Review |
| CM Trading Cyprus 2011
| 1:200 | $100 | Review |
| TFI Markets Cyprus 1999
| 1:500 | $50 | Review |
| Credit Financier Invest Cyprus 1998
| 1:30 | $1 | Review |
| GBE brokers Cyprus 2013
| 1:30 | $500 | Review |
| FXGM Cyprus 2011
| 1:30 | $200 | Review |
| Alvexo Cyprus 2014
| 1:400 | $500 | Review |
| Tradeo Cyprus 2012
| 1:30 | $250 | Review |
| FxGrow Cyprus 2008
| 1:100 | $100 | Review |
| ITRADER Cyprus 2016 | 1:200 | $100 | Review |
| 24option Albania 2009
| 1:400 | $100 | Review |
| Fondex Cyprus 2010
| 1:30 | $250 | Review |
| Trade360 Cyprus 2013
| 1:200 | $500 | Review |
| IFC Markets British Virgin Islands 2006
| 1:400 | $1 | Review |
| eXcentral Cyprus 2019
| 1:30 | $250 | Review |
| Traders Trust Bermuda 2009
| 1:500 | $50 | Review |
| AAATrade Cyprus 2013
| 1:200 | $1 | Review |
| Vinson Financials Cyprus 2004 | 1:500 | $200 | Review |
| ATFX Cyprus 2015
| 1:30 | $200 | Review |
| Alfa Capital Cyprus 2003
| 1:100 | $1 | Review |
| SquaredFinancial Cyprus 2017
| 1:30 | $250 | Review |
| ROinvesting Cyprus 2015
| 1:400 | $100 | Review |
| Forex24 Cyprus
| 1:400 | $2000 | Review |
| ForexTB Cyprus 2020
| 1:30 | $250 | Review |
| FXGT Cyprus 2019
| 1:500 | $10 | Review |
| TrioMarkets Cyprus 2014
| 1:30 | $250 | Review |
| Axiance Cyprus 2015
| 1:500 | $100 | Review |
| Capital.com Australia 2017
| 1:30 | $20 | Review |
| Colmex Pro Cyprus 2009
| 1:30 | $2000 | Review |
| Alfa Capital Markets Cyprus 2003
| 1:100 | $1 | Review |
| OffersFX Cyprus 2010
| 1:400 | $200 | Review |
| JFD Brokers Bulgaria 2011
| 1:400 | $500 | Review |
| Markets.com Cyprus 2006
| 1:300 | $100 | Review |
| Milton Prime Cyprus 2014
| 1:500 | $300 | Review |
| XGLOBAL Markets Cyprus 2012
| 1:30 | $100 | Review |
| IQ Option Cyprus 2013
| 1:300 | $1 | Review |
| NAGA Cyprus 2015
| 1:500 | $250 | Review |
| FXGlobe Cyprus 2008
| 1:500 | $250 | Review |
| FX Giants Cyprus 2015
| 1:30 | $100 | Review |
| JFD Bank Bulgaria 2011
| 1:400 | $500 | Review |
| CFDTimes Cyprus 2012
| 1:500 | $5 | Review |
| Swiss Markets Cyprus 2016
| 1:500 | $200 | Review |
| Markets Cube Cyprus 2017 | 1:100 | $5000 | Review |
| AMEGA Cyprus 2018 | 1:1000 | $1 | Review |
| EuropeFX Cyprus 2014
| 1:30 | $1000 | Review |
| TurboForex Argentina 2010
| 1:500 | $250 | Review |
| LegacyFx Cyprus 2017
| 1:200 | $500 | Review |
| Just2Trade Cyprus 2015
| 1:500 | $100 | Review |
| Purple Trading Cyprus 2015
| 1:30 | $100 | Review |
| AMP Global Cyprus 2018
| 1:50 | $100 | Review |
| Skilling Cyprus 2016
| 1:500 | $100 | Review |
| streamsfx Cyprus 2019
| 1:30 | $500 | Review |
| TradeFW Cyprus 2018
| 1:30 | $250 | Review |
| HotForex Cyprus 2010
| 1:1000 | $5 | Review |
If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
FAQ
What is the best forex broker in Cyprus?
Finding the best forex broker in Cyprus is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Cyprus, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.
Where can I trade forex in Cyprus?
The list in this page can be a good reference if you look to trade with in Cyprus. We have sorted specific forex brokers that accept clients from Cyprus, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.
What is the best forex broker for beginners?
If you are a beginner and looking for the right broker to trade with in Cyprus, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.
