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BlogCySEC Regulated Forex Brokers 2026
Top forex brokers regulated by the Cyprus Securities and Exchange Commission (CySEC), providing EU investor protection.
Written by
Emily Watson
Fact Checked by
David Okonjo
Why Choose CySEC Regulated Forex Brokers?
CySEC (Cyprus Securities and Exchange Commission) is a respected EU regulator that enables brokers to passport their services across the European Economic Area. CySEC-regulated brokers must comply with MiFID II regulations, segregate client funds, and participate in the Investor Compensation Fund (ICF) covering up to €20,000 per client.
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What is CySEC regulation?
CySEC (Cyprus Securities and Exchange Commission) is Cyprus's financial regulator and a member of ESMA. CySEC regulation allows brokers to passport services across the EU/EEA and requires compliance with MiFID II regulations.
Quick Picks
CySEC Regulation Details
Compare CySEC license numbers and EU regulatory status.
| Broker | Action | ||
|---|---|---|---|
| Exness | 178/12 | 2012 | Open Account |
| XM | 120/10 | 2010 | Open Account |
| AvaTrade | 347/17 | 2017 | Open Account |
| FXTM | 185/12 | 2012 | Open Account |
| RoboForex | 191/13 | 2013 | Open Account |
| HFM | 183/12 | 2012 | Open Account |
| Pepperstone | 388/20 | 2020 | Open Account |
| Tickmill | 278/15 | 2015 | Open Account |
| IC Markets | 362/18 | 2018 | Open Account |
| XTB | 169/12 | 2012 | Open Account |
Detailed Broker Analysis
Original CySEC-licensed broker.
XM holds CySEC license 120/10 and was among the earliest CySEC-licensed forex brokers. ICF protection up to €20,000 with excellent education and €5 minimum deposit.
Pros
- Very low $5 minimum deposit
- Multiple account types for all levels
- Excellent educational resources (industry-leading)
- Fast execution with no-requotes policy
Cons
- Not publicly traded - less financial transparency
- No cryptocurrency trading (regulated entities)
- Inactivity fee after 90 days ($15/month then $5/month)
- Standard account spreads wider than competitors
CySEC-regulated with instant execution.
Exness holds CySEC license 178/12 and offers raw spreads from 0.0 pips. Zero minimum deposit and instant withdrawals with ICF protection.
Pros
- Industry-leading withdrawal speed (instant/seconds)
- Exceptional transparency with public financial reports
- Massive liquidity - $4.5+ trillion monthly volume
- No inactivity, deposit, or withdrawal fees
Cons
- Not available to EU retail clients, US, UK, Canada, Australia
- Retail clients routed to offshore entities for leverage
- Customer support can be busy during peak times
- Limited stock CFD selection compared to competitors
CySEC-regulated with copy trading.
HFM holds CySEC license 183/12 and offers copy trading features. Zero spread accounts with ICF protection for EU clients.
Pros
- Strong multi-regulator oversight (FCA, CySEC, FSCA)
- Excellent account variety for all trader levels
- Outstanding local payment methods (Africa/Asia)
- Low minimum deposit ($0-$5 on most accounts)
Cons
- US clients not accepted
- Inactivity fee after 6 months ($5/month)
- Leverage caps apply in EU/UK jurisdictions
- Some features limited by regulatory entity
CySEC-regulated ECN specialist.
RoboForex holds CySEC license 191/13 and offers ECN Pro accounts with cTrader support. ICF protection with low minimum deposit.
Pros
- Low $10 minimum deposit
- High leverage up to 1:2000
- Excellent CopyFX copy trading
- Powerful R StocksTrader platform
Cons
- Offshore regulation (FSC Belize - Tier-3)
- Not available in USA/EU/UK/Australia
- Mixed customer reviews on withdrawals
CySEC-regulated with strong education.
FXTM holds CySEC license 185/12 and provides comprehensive educational content. ICF protection with multiple account types.
Frequently Asked Questions
Top CySEC Regulated Forex Brokers
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BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology.
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.
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January 2026