Best CySEC Regulated Forex Brokers 2026

Compare the top forex brokers regulated by the Cyprus Securities and Exchange Commission (Cyprus (EU)). Verified licenses and deep liquidity.

Edith Balazs

Written by

Edith Balazs

Marcus Thompson

Fact Checked by

Marcus Thompson

Last reviewed:
By:Edith Balazs
Fact-checked by:Marcus Thompson

Why Choose CySEC Regulated Brokers?

CySEC acts as the primary European regulator for retail forex brokers. It enforces the strict MiFID II regional directives, meaning clients receive negative balance protection, capped leverage, and robust fund segregation.

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What is the CySEC (Cyprus Securities and Exchange Commission)?

Cyprus Securities and Exchange Commission is the financial regulatory body in Cyprus (EU). It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.

Quick Picks

#1Best Overall
Exness

Exness

4.8
#2Best Overall
Libertex

Libertex

4
#3Best Overall
XM

XM

4.7

Trading Conditions

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerAction
Exness$11:UnlimitedOpen Account
Libertex$101:30 (Retail) | 1:600 (Pro)Open Account
XM$51:1000Open Account
FXTM$101:2000Open Account
IQ Option$101:500 (Global) | 1:30 (EU)Open Account
HFM$01:2000 (Global) | 1:30 (EU)Open Account
HYCM$1001:30 (Retail) | 1:400 (Pro)Open Account
Pepperstone$0 (Recommended $200)1:500 (Pro) | 1:30 (Retail)Open Account
Tickmill$1001:500 (Pro) | 1:30 (Retail)Open Account
FP Markets$1001:500Open Account
XTB$01:500 (Pro) | 1:30 (Retail)Open Account
IC Markets$2001:500Open Account
eToro$10 - $200 (varies by region)1:30 (Retail)Open Account
FxPro$1001:200 (Pro) | 1:30 (Retail)Open Account
Admiral Markets$251:30 (Retail) | 1:500 (Pro)Open Account
Plus500$1001:30 (Retail) | 1:300 (Pro)Open Account
FXCM$501:30 (EU/UK) | 1:400 (Global)Open Account
FBS$51:3000Open Account
Freedom24$01:5 (Margin)Open Account
OctaFX$251:500Open Account

Detailed Broker Analysis

Recommended
CySEC-regulated low-cost traders, high-volume day traders & scalpers.
4.8/5App Score

Founded in 2008 and headquartered in Cyprus, Exness is a highly rated broker offering 100+ forex pairs. They are regulated by CySEC providing strong client safety.

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
Forex spread classUltra-Low
Minimum deposit$1
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank, Card, Skrill, Neteller, Crypto, Local
Withdrawal feeVaries
Pepperstone logo
Pepperstone
Read Review
Recommended
CySEC-regulated advanced traders, automated trading & tradingview enthusiasts.
4.8/5App Score

Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone is a highly rated broker offering 60+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Regulated by 7 jurisdictions including 4 Tier-1
  • Ultra-tight raw spreads on Razor (avg 0.1 pips EUR/USD)
  • Fast execution - ideal for scalpers/EAs
  • MT4, MT5, cTrader, TradingView support

Cons

  • Standard account spreads wider than Razor
  • Commission varies by platform
  • No proprietary mobile app
  • Research less extensive than IG
Forex spread classUltra-Low
Minimum deposit$0 (Recommended $200)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit, PayPal, Skrill, Neteller, BPay
Withdrawal feeVaries
Recommended
CySEC-regulated beginners, education-focused traders & low deposit users.
4.7/5App Score

Founded in 2009 and headquartered in Cyprus, XM is a highly rated broker offering 55+ forex pairs. They are regulated by CySEC providing strong client safety.

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
Forex spread classUltra-Low
Minimum deposit$5
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank, Card, Skrill, Neteller
Withdrawal feeVaries
Recommended
CySEC-regulated active european traders & stock cfd investors.
4.7/5App Score

Founded in 2002 and headquartered in Warsaw, Poland, XTB is a highly rated broker offering 71 forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Publicly traded & transparent
  • Superb user experience
  • 0% commission on real stocks (EU)
  • Fast execution

Cons

  • MT4 no longer offered to new clients
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Credit/Debit, PayPal, Skrill
Withdrawal feeVaries
IC Markets logo
IC Markets
Read Review
Recommended
CySEC-regulated scalpers, ea traders & low-latency algorithmic trading.
4.6/5App Score

Founded in 2007 and headquartered in Sydney, Australia, IC Markets is a highly rated broker offering 61 forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • ASIC and CySEC Tier-1 regulation
  • Ultra-tight raw spreads from 0.0 pips
  • Excellent for scalping and EAs
  • Low latency execution (Equinix)

Cons

  • $200 minimum deposit
  • Limited educational resources
  • Research tools could be expanded
  • No FSCS protection
Forex spread classUltra-Low
Minimum deposit$200
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, PayPal, Neteller, Skrill, Wire, Broker-to-Broker
Withdrawal feeVaries
Recommended
CySEC-regulated social traders, beginners & crypto enthusiasts.
4.5/5App Score

Founded in 2007 and headquartered in Israel, eToro is a highly rated broker offering 49 forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Pioneering social trading platform
  • CopyTrader for passive investing
  • Real stock and ETF trading
  • 80+ cryptocurrencies

Cons

  • $5 withdrawal fee
  • $10/month inactivity fee after 12 months
  • Higher spreads on forex/CFDs
  • Currency conversion fees for non-USD
Forex spread classLow
Minimum deposit$10 - $200 (varies by region)
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, PayPal, Neteller, Skrill, Bank Transfer
Withdrawal feeVaries
Recommended
CySEC-regulated bonus hunters, high leverage users & versatile traders.
4.5/5App Score

Founded in 2010 and headquartered in Cyprus, HFM is a highly rated broker offering 50+ forex pairs. They are regulated by CySEC providing strong client safety.

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
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Wire, Skrill, Neteller, Crypto
Withdrawal feeVaries
Tickmill logo
Tickmill
Read Review
Recommended
CySEC-regulated scalpers, day traders & low-commission professionals.
4.5/5App Score

Founded in 2014 and headquartered in London, UK, Tickmill is a highly rated broker offering 62 forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Very low trading costs
  • Fast execution speeds
  • Allowed for all strategies
  • Strong regulation

Cons

  • Limited non-forex product range
  • No crypto for UK clients
Forex spread classUltra-Low
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller
Withdrawal feeVaries
FP Markets logo
FP Markets
Read Review
Recommended
CySEC-regulated ecn traders, scalpers & australian clients.
4.5/5App Score

Founded in 2005 and headquartered in Sydney, Australia, FP Markets is a highly rated broker offering 70+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • ASIC and CySEC Tier-1 regulation
  • Raw spreads from 0.0 pips
  • 10,000+ instruments available
  • Excellent platform variety (MT4/MT5/cTrader/Iress/TradingView)

Cons

  • Iress platform requires $1,000 minimum
  • Limited cryptocurrency selection
  • Demo account expires after 30 days
  • Iress monthly fee (waivable)
Forex spread classUltra-Low
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, Crypto
Withdrawal feeVaries
Recommended
CySEC-regulated african & asian traders & copy trading users.
4.4/5App Score

Founded in 2011 and headquartered in Cyprus, FXTM is a highly rated broker offering 60+ forex pairs. They are regulated by CySEC providing strong client safety.

Forex spread classUltra-Low
Minimum deposit$10
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, Local
Withdrawal feeVaries
Recommended
CySEC-regulated professional european traders & ctrader enthusiasts.
4.4/5App Score

Founded in 2006 and headquartered in London, UK, FxPro is a highly rated broker offering 70+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • NDD Execution
  • Supports MT4, MT5, cTrader
  • Reliable reputation

Cons

  • Fees can be higher on standard accounts
  • No crypto in UK
Forex spread classUltra-Low
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, PayPal
Withdrawal feeVaries
Admiral Markets logo
Admiral Markets
Read Review
Recommended
CySEC-regulated educational learners & metatrader power users.
4.4/5App Score

Founded in 2001 and headquartered in Tallinn, Estonia, Admiral Markets is a highly rated broker offering 50+ forex pairs. They are regulated by CySEC providing strong client safety.

Forex spread classUltra-Low
Minimum deposit$25
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller
Withdrawal feeVaries
Recommended
CySEC-regulated simple cfd trading, beginners & mobile traders.
4.3/5App Score

Founded in 2008 and headquartered in Haifa, Israel, Plus500 is a highly rated broker offering 60+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • FTSE 250 listed - maximum transparency
  • Regulated by 10+ global authorities
  • User-friendly platform for beginners
  • Free guaranteed stop orders

Cons

  • $10/month inactivity fee after 3 months
  • No MT4/MT5 or third-party platforms
  • Limited research and analysis tools
  • No automated trading support
Forex spread classLow
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, PayPal, Skrill
Withdrawal feeVaries
Recommended
CySEC-regulated algorithmic traders & historical data enthusiasts.
4.3/5App Score

Founded in 1999 and headquartered in London, UK, FXCM is a highly rated broker offering 40+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Highly regulated (FCA, ASIC)
  • Excellent proprietary platform
  • Great educational resources

Cons

  • Smaller product range than some competitors
  • Inactivity fees apply
Forex spread classLow
Minimum deposit$50
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill
Withdrawal feeVaries
Recommended
CySEC-regulated beginners, bonus hunters & high-leverage traders.
4.2/5App Score

Founded in 2009 and headquartered in Belize, FBS is a highly rated broker offering 40+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Huge leverage options
  • Cent accounts for beginners ($1 deposit)
  • Global presence
  • Extremely fast withdrawals

Cons

  • High spreads on lower tier accounts
  • Withdrawal fees on some methods
Forex spread classLow
Minimum deposit$5
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, Local
Withdrawal feeVaries
Freedom24 logo
Freedom24
Read Review
Recommended
CySEC-regulated stock & etf investors & ipo access seekers.
4.2/5App Score

Founded in 2008 and headquartered in Limassol, Cyprus, Freedom24 is a highly rated broker offering N/A forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Access to new stock listings
  • High interest on cash
  • Publicly traded parent

Cons

  • Higher commissions than discounters
  • Complex IPO rules
Forex spread classLow
Minimum deposit$0
Inactivity feeVaries
Currency pairsN/A
Deposit methodsBank Transfer, Card
Withdrawal feeVaries
Recommended
CySEC-regulated southeast asian & indonesian traders.
4.1/5App Score

Founded in 2011 and headquartered in Saint Vincent & the Grenadines, OctaFX is a highly rated broker offering 35+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Swap-free on all accounts
  • Excellent mobile app
  • Great copy trading community

Cons

  • Limited instrument range (cfd only)
  • Offshore focus
Forex spread classUltra-Low
Minimum deposit$25
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Local Banks
Withdrawal feeVaries
Recommended
CySEC-regulated experienced traders seeking long-established regulated broker.
4.1/5App Score

Founded in 1977 and headquartered in London, UK, HYCM is a highly rated broker offering 40+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Decades of stability
  • Fixed spreads available
  • Good educational webinars

Cons

  • High inactivity fee ($10/mo)
  • Raw spread commission high ($4/side)
Forex spread classUltra-Low
Minimum deposit$100
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller
Withdrawal feeVaries
IQ Option logo
IQ Option
Read Review
Recommended
CySEC-regulated options traders, beginners & mobile-first traders.
4/5App Score

Founded in 2013 and headquartered in Cyprus, IQ Option is a highly rated broker offering 30+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros

  • Industry-leading platform design
  • $10 minimum deposit
  • 100+ million users
  • 24/7 trading available

Cons

  • No MT4/MT5 support
  • Digital options not available in EU/EEA/UK
  • Lower trust than Tier-1 only brokers
  • Inactivity fee after 90 days
Forex spread classLow
Minimum deposit$10
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller, Crypto
Withdrawal feeVaries
Libertex logo
Libertex
Read Review
Recommended
CySEC-regulated zero-spread commission-based traders.
4/5App Score

Founded in 1997 and headquartered in Limassol, Cyprus, Libertex is a highly rated broker offering 50+ forex pairs. They are regulated by CySEC providing strong client safety.

Forex spread classUltra-Low
Minimum deposit$10
Inactivity feeVaries
Currency pairsN/A
Deposit methodsCard, Bank, Skrill, Neteller
Withdrawal feeVaries

Frequently Asked Questions

Cyprus Securities and Exchange Commission is the financial regulatory body in Cyprus (EU). It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.
Yes, brokers regulated by the CySEC are generally considered very safe. They are subject to strict financial standards, audits, and operational requirements.
Up to €20,000 via the Investor Compensation Fund (ICF)
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.
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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Data Verified

January 2026