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.
Why Trust BrokerAnalysis?
We test brokers with real money. Our reviews are based on data, not payments. Learn more
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
Trading Conditions
Compare deposits, leverage, and spreads across these regulated brokers.
| Broker | Action | ||
|---|---|---|---|
| Exness | $1 | 1:Unlimited | Open Account |
| Libertex | $10 | 1:30 (Retail) | 1:600 (Pro) | Open Account |
| XM | $5 | 1:1000 | Open Account |
| FXTM | $10 | 1:2000 | Open Account |
| IQ Option | $10 | 1:500 (Global) | 1:30 (EU) | Open Account |
| HFM | $0 | 1:2000 (Global) | 1:30 (EU) | Open Account |
| HYCM | $100 | 1:30 (Retail) | 1:400 (Pro) | Open Account |
| Pepperstone | $0 (Recommended $200) | 1:500 (Pro) | 1:30 (Retail) | Open Account |
| Tickmill | $100 | 1:500 (Pro) | 1:30 (Retail) | Open Account |
| FP Markets | $100 | 1:500 | Open Account |
| XTB | $0 | 1:500 (Pro) | 1:30 (Retail) | Open Account |
| IC Markets | $200 | 1:500 | Open Account |
| eToro | $10 - $200 (varies by region) | 1:30 (Retail) | Open Account |
| FxPro | $100 | 1:200 (Pro) | 1:30 (Retail) | Open Account |
| Admiral Markets | $25 | 1:30 (Retail) | 1:500 (Pro) | Open Account |
| Plus500 | $100 | 1:30 (Retail) | 1:300 (Pro) | Open Account |
| FXCM | $50 | 1:30 (EU/UK) | 1:400 (Global) | Open Account |
| FBS | $5 | 1:3000 | Open Account |
| Freedom24 | $0 | 1:5 (Margin) | Open Account |
| OctaFX | $25 | 1:500 | Open Account |
Detailed Broker Analysis
CySEC-regulated low-cost traders, high-volume day traders & scalpers.
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
CySEC-regulated advanced traders, automated trading & tradingview enthusiasts.
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
CySEC-regulated beginners, education-focused traders & low deposit users.
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
CySEC-regulated active european traders & stock cfd investors.
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
CySEC-regulated scalpers, ea traders & low-latency algorithmic trading.
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
CySEC-regulated social traders, beginners & crypto enthusiasts.
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
CySEC-regulated bonus hunters, high leverage users & versatile traders.
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
CySEC-regulated scalpers, day traders & low-commission professionals.
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
CySEC-regulated ecn traders, scalpers & australian clients.
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)
CySEC-regulated african & asian traders & copy trading users.
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.
CySEC-regulated professional european traders & ctrader enthusiasts.
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
CySEC-regulated educational learners & metatrader power users.
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.
CySEC-regulated simple cfd trading, beginners & mobile traders.
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
CySEC-regulated algorithmic traders & historical data enthusiasts.
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
CySEC-regulated beginners, bonus hunters & high-leverage traders.
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
CySEC-regulated stock & etf investors & ipo access seekers.
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
CySEC-regulated southeast asian & indonesian traders.
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
CySEC-regulated experienced traders seeking long-established regulated broker.
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)
CySEC-regulated options traders, beginners & mobile-first traders.
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
CySEC-regulated zero-spread commission-based traders.
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.
Frequently Asked Questions
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →
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.
Rankings based on verified data and hands-on testing. See our methodology →
January 2026





















