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 Regulation Max Leverage Min Deposit General Rating
FXTM
Cyprus
2011
CySEC 185/12
FCA (UK), 777911
FSC (Mauritius), C113012295
FSCA (South Africa), 46614
1:2000 $10 Review
eToro
Cyprus
2007
ASIC 491139
CySEC, 109/10
FCA (UK), FRN 583263
FINRA, 298361/SEC#: 8-70212
1:400 $200 Review
IFC Markets
Cyprus
2006
CySEC, 147/11
FSA (Labuan) MB / 20/004
FSC (BVI), SIBA/L/14/1073
1:400 $1 Review
Plus500
Cyprus
2008
ASIC, 417727
CySEC, 250/14
FCA (UK) 509909
FSCA (South Africa), 47546
ISA (Israel), 5
Monetary Authority of Singapore, 2017-12-11
1:300 $100 Review
Trade360
Cyprus
2013
ASIC, 439907
CySEC, 202/13
1:200 $500 Review
Fondex
Cyprus
2010
CySEC, 138/11
FSA (Seychelles), 8424819-1
1:30 $250 Review
easyMarkets
Cyprus
2001
ASIC, 246566
CySEC, 079/07
FSA (Seychelles), 19.09.2020
FSC (BVI) 15.20.2020
1:400 $100 Review
ETX Capital
Cyprus
1965
CySEC, 096/08
FCA (UK), 124721
FSCA (South Africa) 50246
1:400 $100 Review
24option
Cyprus
2009
IFSC (Belize) 000319/38
1:400 $100 Review
ITRADER
Cyprus
2016
None 1:200 $100 Review
Windsor Brokers
Cyprus
1998
AFM (Netherlands) 72346
BaFin, 120311
CySEC, 030/04
FCA (UK), 463727
ESMA
1:500 $100 Review
FxGrow
Cyprus
2008
BaFin WA37-K 5000-138982-2014/0001
Banque de France, 74965
CNMV (Spain), 3755
CySEC, 214/13
FCA (UK), 628755
Finansinspektionen (Sweden), 14-10518
HCMC (Greece), 2703
ESMA
1:100 $100 Review
Orbex
Cyprus
2009
Banque de France 73762
CNMV (Spain), 2894
CONSOB (Italy), 3148
CySEC, 124/10
FCA (UK), 553071
ESMA
1:500 $200 Review
Tradeo
Cyprus
2012
CySEC, 282/15
FSCA (South Africa), 46452
1:30 $250 Review
Exness
Cyprus
2008
CySEC, 178/12
FCA (UK), 730729
FSA (Seychelles), SD025
FSC (Mauritius), 176967
FSCA (South Africa), 51024
The Financial Commission 22.07.2021
1:2000 $1 Review
HotForex
Cyprus
2010
CySEC, 183/12
DFSA (Dubai) F004885
FCA (UK), 801701
FSA (Seychelles), 8419176-1
FSA (St. Vincent & the Grenadines), 22747
FSC (Mauritius), 094286
FSCA (South Africa), 46632
1:1000 $5 Review
Alvexo
Cyprus
2014
AFM (Netherlands), 02-04-2015
BaFin, 142529
CNMV (Spain) 3917
CONSOB (Italy), 4789
CySEC, 236/14
FCA (UK), 683301
FSA (Seychelles), SD030
ESMA
1:400 $500 Review
FXPRIMUS
Cyprus
2009
CySEC, 261/14
FSCA (South Africa), 46675
Vanuatu Financial Services Commission 14595
1:500 $2500 Review
XM
Cyprus
2009
ASIC, 443670
BaFin, 124161
CNMV (Spain), 2010157773
CONSOB (Italy) 3046
CySEC, 120/10
FCA (UK), 538324
FSP (New Zealand), FSP235905
ESMA
1:888 $5 Review
FXGM
Cyprus
2011
BaFin, 130520
Banque de France, 74353
CNMV (Spain), 3321
CONSOB (Italy), 3567
FCA (UK), 593528
FSCA (South Africa), 47709
ESMA
1:30 $200 Review
ForexMart
Cyprus
2014
CySEC, 266/15
1:500 $1 Review
CM Trading
Cyprus
2011
FSA (Seychelles), SD070
FSCA (South Africa), 38782
1:200 $250 Review
Credit Financier Invest
Cyprus
1998
BaFin, 1338881
Banque du Liban 40
CySEC, 179/12
DFSA (Dubai), F003933
FCA (UK), 602588
Jordan Securities Commission, 200164731
1:30 $1 Review
TFI Markets
Cyprus
1999
CySEC, 117/10
1:500 $50 Review
eXcentral
Cyprus
2019
CySEC, 226/14
FSCA (South Africa), 48296
1:30 $250 Review
EverFX
Cyprus
2015
Cayman Islands Monetary Authority 1444866
CNMV (Spain), 4256
CySEC, 301/16
ESMA
1:500 $250 Review
NordFX
Cyprus
2008
Vanuatu Financial Services Commission, 15008
1:1000 $10 Review
BDSwiss
Cyprus
2012
BaFin, HRB 160749B
CFTC/NFA 0486419
CySEC, 199/13
FSA (Seychelles), SD047
FSC (Mauritius), C116016172
1:400 $100 Review
FXGlory
Cyprus
2011
None 1:3000 $1 Review
iFOREX
Cyprus
1996
CySEC, 143/11
1:30 $100 Review
FIBOGroup
Cyprus
1998
CySEC, 118/10
FSC (BVI), SIBA/L/14/1063
1:1000 $1 Review
Royal
Cyprus
2008
ASIC, 420268
CySEC, 312/16
1:30 $50 Review
MARKETSX
Cyprus
2006
AFM (Netherlands), 0900-5400 540
ASIC, 424008
BaFin, 122798
CySEC, 092/08
FCA (UK), 607305
FSA (Denmark), 6729
FSCA (South Africa), 46860
ESMA
1:300 $100 Review
Blackwell Global
Cyprus
2010
CySEC, 159/11
FCA (UK), 590313
Securities Commission of The Bahamas SIA-F215. TIN. 109226376
1:200 $1 Review
GBE brokers
Cyprus
2013
CySEC, 240/14
1:30 $500 Review
Traders Trust
Cyprus
2009
CySEC, 107/09
1:500 $50 Review
XGLOBAL Markets
Cyprus
2012
BaFin, 132843
CNMV (Spain), 2013092102
CySEC, 171/12
FCA (UK), 602404
ESMA
1:30 $100 Review
Vinson Financials
Cyprus
2004
None 1:500 $200 Review
FXGlobe
Cyprus
2008
CySEC, 205/13
1:500 $250 Review
AAATrade
Cyprus
2013
BaFin, 45052
CySEC, 244/14
FCA (UK), 659844
1:200 $500 Review
Xtrade
Cyprus
2010
ASIC, 342628
CySEC, 108/10
IFSC (Belize), IFSC/60/383/TS/15
NAFD (Russia) A
1:400 $100 Review
FX Giants
Cyprus
2015
FCA (UK), FCA No. 585561
1:30 $100 Review
JFD Bank
Cyprus
2011
BaFin, 120056
CySEC, 150/11
1:400 $500 Review
CFDTimes
Cyprus
2012
IFSA (St. Vincent and Grenadines) 25694 IBC
1:500 $5 Review
TriumphFX
Cyprus
2009
Ministry of Finance and Economic Management (Vanuatu) 17901
1:500 $100 Review
Swiss Markets
Cyprus
2016
CySEC, 199/13
FSC (Mauritius), C116016172
1:500 $200 Review
Markets Cube
Cyprus
2017
None 1:100 $5000 Review
AMEGA
Cyprus
2018
None 1:1000 $1 Review
IronFX
Cyprus
2010
ASIC, 417482
CySEC, 125/10
FCA (UK), 585561
FSCA (South Africa), 45276
1:30 $100 Review
Libertex
Cyprus
1997
CySEC, 164/12
FSCA (South Africa), 47381
NBRB (Belarus) 2
1:600 $1 Review
TurboForex
Cyprus
2010
FSP (New Zealand) 332266
1:500 $250 Review
TradeFW
Cyprus
2018
CySEC, 298/16
1:30 $250 Review
Olymp Trade
Cyprus
2014
The Financial Commission, 22.02.2016
1:500 $2 Review
TIOmarkets
Cyprus
2019
FCA (UK), 488900
FSA (St. Vincent & the Grenadines), 24986
1:200 $1 Review
LegacyFx
Cyprus
2017
BaFin, 348194
CySEC, 344/17
FCA (UK), 797343
NBRB (Belarus), 193180778
Vanuatu Financial Services Commission, 14579
1:200 $500 Review
Just2Trade
Cyprus
2015
CySEC, 281/15
1:500 $100 Review
Purple Trading
Cyprus
2015
CySEC, 271/15
1:30 $100 Review
AMP Global
Cyprus
2018
BaFin, 154811
CFTC/NFA, 0412490
CNMV (Spain), 4624
CONSOB (Italy), 4869
CySEC, 360/180
FCA (UK), 819311
ESMA
1:50 $100 Review
FxView
Cyprus
2018
BaFin, 157125
CNMV (Spain), 4892
CONSOB (Italy), 5151
CySEC, 367/18
FCA (UK), 850138
The Financial Commission, 06.07.2021
ESMA
1:500 $1 Review
Skilling
Cyprus
2016
CySEC, 357/18
FCA (UK), 810951
FSA (Seychelles), SD042
1:500 $100 Review
streamsfx
Cyprus
2019
CySEC, 376/19
1:30 $500 Review
NAGA
Cyprus
2015
CySEC, 204/13
1:500 $250 Review
EuropeFX
Cyprus
2014
CNMV (Spain), 4065
CONSOB (Italy), 4071
CySEC, 258/14
Finansinspektionen (Sweden) 38431
ESMA
1:30 $1000 Review
IQ Option
Cyprus
2013
CySEC, 247/14
1:300 $1 Review
TrioMarkets
Cyprus
2014
CySEC, 268/15
FSC (Mauritius), C118023678
1:30 $500 Review
ATFX
Cyprus
2015
Banque de France, 75626
CNMV (Spain), 4185
CNVM (Romania) 110536
CySEC, 285/15
FCA (UK), 760555
Finansinspektionen (Sweden), FT00096123
FSA (Sweden), NOR-149113
ESMA
1:30 $200 Review
Alfa Capital
Cyprus
2003
Bank of Russia 1167746614947
CySEC, 387/20
1:100 $1 Review
FxPro
Cyprus
2006
CySEC, 078/07
DFSA (Dubai), F003333
FCA (UK), 509956
FSCA (South Africa), 45052
1:50 $100 Review
SquaredFinancial
Cyprus
2017
CySEC, 329/17
FSA (Seychelles), SD024
1:30 $1 Review
ROinvesting
Cyprus
2015
CySEC, 269/15
1:400 $100 Review
Forex24
Cyprus
BaFin, 2017/1349943
CNMV (Spain), 4373
CONSOB (Italy), 4624
CySEC, 300/16
FCA (UK), 782501
ESMA
1:400 $2000 Review
ForexTB
Cyprus
2020
CySEC, 272/15
1:30 $250 Review
Axiance
Cyprus
2015
Cayman Islands Monetary Authority, 1444866
CNMV (Spain), 4256
CySEC, 301/16
FSA (Seychelles), SD036
FSC (Mauritius), GB20025770
ESMA
1:500 $250 Review
Milton Prime
Cyprus
2014
CySEC, 325316
FSA (Seychelles), SD040
1:500 $300 Review
Capital.com
Cyprus
2017
ASIC, 513393
CySEC, 319/17
FCA (UK), 793714
NBRB (Belarus), 193225654
1:30 $100 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.

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