Tier 1 Cyprus · Est. 2001

CySEC

Cyprus Securities and Exchange Commission

CySEC is the main financial regulator in Cyprus and one of the most common licenses held by forex brokers operating in Europe. As an EU member state regulator, CySEC-licensed firms can passport their services across the entire European Economic Area under MiFID II.

Classification

Tier 1

Jurisdiction

Cyprus

Established

2001

Brokers Reviewed

43

Brokers Regulated by CySEC

I

IC Markets

Est. 2007 · Sydney, Australia

ASICCySECFSA
8.8
Overall Score

IC Markets delivers institutional-grade execution with raw spreads from 0.0 pips, $15B+ daily volume, and ASIC/CySEC regulation.

X

XTB

Est. 2002 · Warsaw, Poland

FCACySECKNF
8.6
Overall Score

XTB is a publicly traded, FCA-regulated broker with the award-winning xStation 5 platform, no minimum deposit, and one of the best trading education programs in the industry.

X

XM

Est. 2009 · Limassol, Cyprus

CySECASICIFSC
8.5
Overall Score

XM is a well-regulated broker known for its excellent education, $5 minimum deposit, and reliable MetaTrader execution across 1,000+ instruments.

P

Pepperstone

Est. 2010 · Melbourne, Australia

ASICFCACySECDFSASCB
8.5
Overall Score

Pepperstone offers raw spreads from 0.0 pips, four platform choices, and strong ASIC/FCA regulation with no minimum deposit requirement.

C

Capital.com

Est. 2016 · London, UK

CySECFCAASICSCB
8.5
Overall Score

Capital.com offers an AI-powered trading platform with 6,400+ commission-free instruments, strong quad-regulation, and a low $20 minimum deposit.

F

Forex.com

Est. 2001 · Warren, New Jersey, USA

FCAASICCySEC
8.5
Overall Score

Forex.com, owned by StoneX Group, offers 5,000+ instruments with a proprietary platform, DMA trading, and strong FCA/ASIC/CySEC regulation.

A

Admirals

Est. 2001 · Tallinn, Estonia

CySECFCAASIC
8.4
Overall Score

Admirals (formerly Admiral Markets) offers 4,000+ instruments with the enhanced MetaTrader Supreme Edition and triple CySEC/FCA/ASIC regulation.

F

FxPro

Est. 2006 · London, UK

CySECFCAFSCA
8.4
Overall Score

FxPro offers four trading platforms including its proprietary FxPro Edge, NDD execution, and strong CySEC/FCA regulation across 2,100+ instruments.

T

ThinkMarkets

Est. 2010 · London, UK

ASICFCACySEC
8.3
Overall Score

ThinkMarkets combines its proprietary ThinkTrader platform with MT4/MT5, no minimum deposit, and ASIC/FCA/CySEC regulation across 4,000+ instruments.

A

AvaTrade

Est. 2006 · Dublin, Ireland

CySECASICFSAFSCACBB
8.3
Overall Score

AvaTrade is one of the most widely regulated brokers globally, offering MT4/MT5, proprietary apps, options trading, and copy trading since 2006.

T

Trading 212

Est. 2004 · London, UK

FCACySEC
8.3
Overall Score

Trading 212 is an FCA-regulated broker offering commission-free stock investing, fractional shares, and a beautifully designed app with just a $1 minimum deposit.

F

FP Markets

Est. 2005 · Sydney, Australia

ASICCySEC
8.2
Overall Score

FP Markets offers raw spreads, four platform choices including DMA stock trading via IRESS, and 20 years of ASIC/CySEC-regulated operations.

T

Tickmill

Est. 2014 · Limassol, Cyprus

CySECFCAFSA
8.2
Overall Score

Tickmill is an ECN broker known for ultra-low trading costs, raw spreads from 0.0 pips, and solid CySEC/FCA regulation across 500+ instruments.

E

Exness

Est. 2008 · Limassol, Cyprus

FCACySECFSCA
8.0
Overall Score

Exness combines instant withdrawals, $1 minimum deposit, and competitive raw spreads with strong FCA/CySEC regulation and massive monthly volume.

F

FXTM

Est. 2011 · Limassol, Cyprus

CySECFCAFSA
8.0
Overall Score

FXTM offers accessible trading with a $10 minimum deposit, copy trading, and strong CySEC/FCA regulation across forex and CFD markets.

E

Eightcap

Est. 2009 · Melbourne, Australia

ASICCySECSCB
8.0
Overall Score

Eightcap stands out with TradingView integration, raw spreads from 0.0 pips, and ASIC/CySEC regulation across 800+ instruments including crypto CFDs.

H

HFM

Est. 2010 · Limassol, Cyprus

CySECFCAFSCAFSA
8.0
Overall Score

HFM (formerly HotForex) offers accessible trading from $5, quad-regulation, copy trading, and multiple account types across 1,200+ instruments.

T

TopFX

Est. 2010 · Limassol, Cyprus

CySECFCA
7.9
Overall Score

TopFX is a CySEC/FCA-regulated ECN broker offering raw spreads from 0.0 pips through MT4 and cTrader with no minimum deposit requirement.

P

Plus500

Est. 2008 · Haifa, Israel

FCACySECASICMAS
7.8
Overall Score

Plus500 is a publicly listed CFD broker offering a simple, commission-free platform with strong multi-regulator oversight and 2,800+ instruments.

e

eToro

Est. 2007 · Tel Aviv, Israel

FCACySECASIC
7.8
Overall Score

eToro pioneered social trading with CopyTrader, offering stocks, crypto, and forex in one platform with 30M+ users and strong regulation.

S

Skilling

Est. 2016 · Limassol, Cyprus

CySEC
7.8
Overall Score

Skilling is a CySEC-regulated broker offering three trading platforms including cTrader, with competitive raw spreads starting from 0.1 pips.

G

GO Markets

Est. 2006 · Melbourne, Australia

ASICCySECFSA
7.8
Overall Score

GO Markets is an ASIC-regulated Australian broker with raw spreads from 0.0 pips, cTrader support, and a solid 18-year track record in the industry.

E

Equiti

Est. 2008 · Dubai, UAE

DFSACySECFCA
7.8
Overall Score

Equiti is a DFSA and FCA-regulated broker with a strong focus on the MENA region, offering raw spreads, institutional accounts, and multilingual Arabic support.

F

FXOpen

Est. 2005 · Christchurch, New Zealand

FCAASICCySEC
7.8
Overall Score

FXOpen is a triple-regulated broker (FCA/ASIC/CySEC) with over 20 years of operation, offering ECN trading through MT4, MT5, and its proprietary TickTrader platform from just $1.

M

Markets.com

Est. 2008 · Limassol, Cyprus

CySECFCAFSCA
7.8
Overall Score

Markets.com is a triple-regulated broker offering 2,500+ instruments through its proprietary platform and MetaTrader, with strong research tools.

E

Exinity

Est. 2012 · Limassol, Cyprus

FCACySECFSA
7.7
Overall Score

Exinity is a triple-regulated broker (FCA/CySEC/FSA) offering accessible trading through MT4/MT5 with a low $10 minimum deposit and 500+ instruments.

R

RoboForex

Est. 2009 · Limassol, Cyprus

CySECIFSC
7.6
Overall Score

RoboForex provides 12,000+ instruments across four platforms including cTrader and the proprietary R StocksTrader with CySEC/IFSC regulation.

B

BDSwiss

Est. 2012 · Limassol, Cyprus

CySECFSA
7.6
Overall Score

BDSwiss is a CySEC-regulated broker offering MT4, MT5, and its proprietary mobile app with a $10 minimum deposit and multiple account types.

O

OCTA

Est. 2011 · Limassol, Cyprus

CySEC
7.5
Overall Score

OCTA offers commission-free trading with a proprietary OctaTrader platform featuring built-in copy trading and CySEC regulation.

N

Naga

Est. 2015 · Hamburg, Germany

CySEC
7.5
Overall Score

Naga is a CySEC-regulated social trading broker with a modern proprietary platform, copy trading features, and access to stocks, crypto, and CFDs.

J

JFD Brokers

Est. 2011 · Limassol, Cyprus

CySECBaFin
7.5
Overall Score

JFD Brokers is a CySEC/BaFin-regulated DMA+ broker offering transparent pricing across 1,500+ instruments through MT4 and MT5.

I

IronFX

Est. 2010 · Limassol, Cyprus

CySECFCAFSCA
7.4
Overall Score

IronFX offers multiple account types including zero spread and STP/ECN options on MT4, with CySEC/FCA/FSCA regulation across 500+ instruments.

L

Libertex

Est. 2012 · Limassol, Cyprus

CySEC
7.4
Overall Score

Libertex is a CySEC-regulated broker known for its zero-spread, commission-based trading model with a simple proprietary platform and low $10 minimum deposit.

T

Tio Markets

Est. 2018 · London, UK

FCACySEC
7.4
Overall Score

Tio Markets is an FCA/CySEC-regulated broker headquartered in London, offering MT4 trading with competitive ECN spreads and a $50 minimum deposit.

E

Errante

Est. 2019 · Limassol, Cyprus

CySECFSA
7.3
Overall Score

Errante is a CySEC-regulated broker offering raw spreads, multiple account types, and crypto deposits with a $50 minimum entry point.

I

IQ Option

Est. 2013 · Limassol, Cyprus

CySEC
7.3
Overall Score

IQ Option is a CySEC-regulated broker known for its sleek proprietary platform, options trading focus, and accessible $10 minimum deposit.

F

FBS

Est. 2009 · Belize City, Belize

IFSCCySEC
7.2
Overall Score

FBS offers a $5 minimum deposit, up to 1:3000 leverage, and multiple account types including a Cent account for micro-lot trading.

J

JustMarkets

Est. 2012 · Limassol, Cyprus

CySECFSAIFSC
7.2
Overall Score

JustMarkets offers one of the lowest entry barriers in the industry with a $1 minimum deposit, up to 1:3000 leverage, and raw spread accounts on MT4/MT5.

S

Scope Markets

Est. 2019 · Limassol, Cyprus

CySECCMAFSA
7.2
Overall Score

Scope Markets is a CySEC-regulated broker with a strong presence in African markets, offering MT4/MT5 trading with competitive spreads.

F

FXGT

Est. 2019 · Limassol, Cyprus

CySECFSA
7.2
Overall Score

FXGT is a CySEC/FSA-regulated broker with a strong crypto focus, offering MT5 trading with leverage up to 1:1000 and a $5 minimum deposit.

S

Squared Financial

Est. 2005 · Limassol, Cyprus

CySEC
7.1
Overall Score

Squared Financial is a CySEC-regulated broker operating since 2005, offering MT4/MT5 trading with raw spreads and a range of forex and CFD instruments.

O

Orbex

Est. 2011 · Limassol, Cyprus

CySEC
7.0
Overall Score

Orbex is a CySEC-regulated broker based in Limassol offering MT4 trading with competitive spreads across forex, commodities, and indices.

C

Colmex Pro

Est. 2010 · Limassol, Cyprus

CySEC
7.0
Overall Score

Colmex Pro is a CySEC-regulated DMA broker offering direct market access to 5,000+ instruments including real stocks through its proprietary platform.