10 Best CySEC Regulated Forex Brokers

Edited by: Marlie Rosset

CySEC Regulated Forex Brokers Main

 

10 Best CySEC Regulated Forex Brokers – Rated and Reviewed. We have listed the Best Forex Brokers licensed and regulated by the Cyprus Securities and Exchange Commission.

 

CySEC Regulated Forex Brokers Compared – Side by Side*

 

Forex Broker ComparedEightCap SmallAvaTrade SmallHFM Small
Regulators🇦🇺 ASIC
🇬🇧 FCA
🇨🇾 CySEC
🇧🇸 SCB
🇮🇪 CBI
🇦🇺 ASIC
🇯🇵 FSA & FFAJ
🇿🇦 FSCA
🇻🇬 BVI FSC
🇦🇪 ADGM / FSRA
🇮🇱 ISA
🇨🇾 CySEC
🇨🇦 IIROC
🇨🇾 CySEC
🇬🇧 FCA
🇦🇪 DFSA
🇿🇦 FSCA
🇰🇪 CMA
🇲🇺 FSC
🇸🇨 FSA
Year Established200920062010
Execution Type(s)STP/ECN-like executionMarket ExecutionMarket Execution
Limit Execution
Minimum Deposit100 USD100 USD100 USD
Average Trading Cost EUR/USDAverage Spread:
1.0 pip
Average Spread:
0.9 pips
Average Spread:
1.4 pips
CommissionsYesNoneYes
Swap FeesYesYesYes
Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
TradingView
MetaTrader 4
MetaTrader 5
AvaTradeGo
WebTrader
AvaOptions
AvaSocial
DupliTrade
ZuluTrade
MetaTrade 4
MetaTrader 5
WebTrader
HFM mobile app
Islamic AccountNoneYesYes
Negative Balance ProtectionYesYesYes
Get StartedGet StartedGet StartedGet Started

 

Here is a Breakdown of Topics covered in this comprehensive guide:

 

 

and much, MUCH more!

 

The 10 Leading CySEC Regulated Forex Brokers’ Standout Feature.

 

1Eightcap SmallTrust Score 85/99
Lightning Fast Order
Execution
Open AccountRead Review
2AvaTrade SmallCompetitive Trading
Fees
User-Friendly Trading
Platform
Open AccountRead Review
3HFM SmallExceptional 24/5
Educational Support
Low Spreads
Open AccountRead Review
4Tickmill Small Advanced Pending
Orders
Superior analysis tools
Open AccountRead Review
5Pepperstone SmallElite Trading Tech
Use of Leverage
Open AccountRead Review
6Multi-Asset Broker
Ease of use Trading
Platform
Open AccountRead Review
7FP Markets SmallAdvanced Charting
Insights for Forex,
CFDs, and share
Trading
Open AccountRead Review
8FxPro Small NDD Execution
Negative balance
protection
Open AccountRead Review
9IC Markets SmallRock-Bottom Fees
Competitive Pricing
Open AccountRead Review
10eToro SmallIntuitive Trading Platform
CopyTrader
Open AccountRead Review

 

Now let’s deep dive into each broker that made the list

 

10 Best CySEC Regulated Forex Brokers (2025)

 

  • Eightcap – Top CySEC Regulated Broker with Seamless High Speed Trading
  • AvaTrade – Top-Tier Regulations and Unique Features
  • HFMHigh Leverage and Swap Free Accounts
  • Tickmill – Transparent Pricing and Cutting-Edge Execution
  • Pepperstone – Fast and Reliable Execution
  • XTB – Advanced Trading Platform
  • FP Markets – Competitive Spreads, Fast Execution, and a Secure Trading Environment
  • FxPro – Trustworthy and Highly Regulated Forex Broker
  • IC Markets – Low Trading and Non-Trading Fees
  • eToro – Excellent Social and Copy Trading Platform

 

Top 10 Forex Brokers (Globally)

 

 

1. Eightcap

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Regulated by CySEC (License No. 246/14), Eightcap EU Ltd provides robust client protection. This includes segregated client funds, negative balance protection, and eligibility for the Investor Compensation Fund, which offers coverage up to €20,000 if the broker becomes insolvent.

 

BrokerEightcap
CySEC RegulatedYes
Minimum Deposit100 USD
Leverage30:1 for Australian
clients
500:1 for non
Australian clients
BonusesYes
Fund Withdrawal FeeNone
Spreads from0.0 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What platforms does Eightcap offer?

Eightcap offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both widely popular and available across desktop, web, and mobile devices. They also provide direct integration with TradingView, allowing users to trade directly from their advanced charting platform.

 

Does Eightcap offer a demo account?

Yes, Eightcap offers free demo accounts for MetaTrader 4 and MetaTrader 5. These accounts allow you to practice trading in a risk-free environment. MT4 accounts typically last 30 days, while MT5 accounts expire after 35 days of inactivity

 

Pros and Cons

 

ProsCons
Strong RegulationNo Sign-Up Bonuses
Low SpreadsLimited Educational
Resources
No Deposit/Withdrawal
Fees
No Proprietary Platform
Multiple PlatformsOffshore Entity Option
Negative Balance ProtectionNo Fixed Spread
Accounts

 

★★★★
Minimum Deposit: $100
Regulated by: ASIC, FCA, CySEC, SCB
Crypto: Yes

 

Our Insights

Under the oversight of top-tier regulators like CySEC, ASIC, and FCA, it provides a high level of trust and security. Traders can benefit from tight spreads, choose between commission-based or commission-free accounts, and access advanced platforms like MT4, MT5, and TradingView.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

2. AvaTrade

 

★★★★★
Minimum Deposit: $100
Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ
Crypto: Yes

 

In Cyprus, AvaTrade operates via DT Direct Investment Hub Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 347/17. This CySEC regulation ensures AvaTrade complies with MiFID, offering a harmonized regulatory framework across the European Economic Area.

 

BrokerAvaTrade
CySEC RegulatedYes
Minimum Deposit100 USD
Leverage1:400
BonusesYes
Fund Withdrawal FeeNone
Spreads From0.9 pips
CommissionsNone
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

Does AvaTrade offer a welcome bonus?

Yes, AvaTrade occasionally offers welcome bonus promotions for new clients, though these are subject to specific terms and conditions and may not be applicable in all jurisdictions due to regulatory restrictions. It’s best to check their website or contact customer service.

 

What platforms does AvaTrade support?

AvaTrade supports a diverse range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, web, and mobile. They also offer their proprietary WebTrader and AvaTradeGo mobile app, AvaOptions, and AvaSocial, DupliTrade, and ZuluTrade.

 

Pros and Cons

 

ProsCons
Regulated by Multiple
Authorities
No Guaranteed Stop
Loss Orders
Multiple Trading
Platforms
Inactivity Fee
Competitive Spreads
& Commission-Free
Limited Bonuses in EU
Region
Demo Account AvailableAverage Spreads
Compared to Some
Brokers
User-Friendly Mobile AppNo US Clients Accepted

 

★★★★★
Minimum Deposit: $100
Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ
Crypto: Yes

 

Our Insights

AvaTrade is a dependable and secure option for traders who prioritize a regulated broker with extensive trading tools and robust market access. It’s particularly strong for those trading within the European Union, benefiting from its CySEC regulation.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐⭐
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

3. Tickmill

 

★★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Under CySEC regulation, Tickmill must segregate client accounts, provide negative balance protection, and contribute to the Investor Compensation Fund (ICF). This offers clients protection up to €20,000 if the broker becomes insolvent.

 

BrokerTickmill
CySEC RegulatedYes
Minimum Deposit100 USD
Leverage1:1000
BonusesYes
Fund Withdrawal FeeNone
Spreads From0.0 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What trading platforms does Tickmill support?

Tickmill supports a comprehensive range of trading platforms, including the widely-used MetaTrader 4 and MetaTrader 5, available on desktop, web, and mobile (iOS, Android). They also offer their proprietary Tickmill Trader mobile app, a WebTrader platform, and integration with TradingView.

 

Does Tickmill offer a demo account?

Yes, Tickmill offers free demo accounts for their MetaTrader 4 and MetaTrader 5 platforms, as well as their proprietary Tickmill Trader app. These accounts come with unlimited virtual funds and allow you to practice trading in a real-time, risk-free environment.

 

Pros and Cons

 

ProsCons
Strong RegulationLimited Asset Range
(under CySEC)
Low Trading CostsNo Cent/Micro Accounts
Negative Balance
Protection
No Proprietary Platform
Fast Execution SpeedsBonus Restrictions in EU
Multiple Account TypesNo US Clients

 

★★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, FSA
Crypto: Yes

 

Our Insights

Tickmill is a standout option for both new and seasoned traders, offering low costs and robust regulation. Its CySEC oversight provides strong investor safeguards, such as negative balance protection and Investor Compensation Fund coverage up to €20,000.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐⭐
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐⭐
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

5. Pepperstone

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Under CySEC regulation, Pepperstone offers a diverse selection of financial instruments, including forex, commodities, indices, shares, and cryptocurrencies. Clients can trade these via advanced platforms like MetaTrader 4, MetaTrader 5, cTrader, and TradingView.

 

BrokerPepperstone
CySEC RegulatedYes
Minimum Deposit0 USD
Leverage1:500 for professional
clients
1:200 for retail clients
BonusesNone
Fund Withdrawal FeeNone
Spreads from0.0 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

Does Pepperstone offer a demo account?

Yes, Pepperstone offers demo accounts that mirror live trading conditions across MT4, MT5, cTrader, and TradingView. These accounts come with virtual funds for practice. MT4/MT5 demos typically expire after 60 days, they can be made non-expiring.

 

Is Pepperstone safe for EU clients?

Yes, Pepperstone is considered safe for EU clients as it operates through Pepperstone EU Limited, which is regulated by the CySEC under license number 388/20. This regulation ensures client fund segregation, negative balance protection, and eligibility for the ICF.

 

Pros and Cons

 

ProsCons
Tight SpreadsNo Bonus Offers
Multiple PlatformsLimited Research Depth
No Minimum DepositNo Proprietary App
Fast ExecutionNo US Clients Accepted

 

★★★★★
Minimum Deposit: $200
Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Crypto: Yes

 

Our Insights

The broker’s robust regulatory compliance provides traders with peace of mind, thanks to strong investor protection schemes and negative balance protection. However, due to CySEC regulations, Pepperstone doesn’t offer sign-up bonuses or promotions, and its research tools are relatively basic compared to some larger brokers.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

6. XTB

 

★★★★
Minimum Deposit: $0
Regulated by: FCA, KNF, IFSC, CySEC
Crypto: Yes

 

XTB operates within the European Union under the regulation of the Cyprus Securities and Exchange Commission (CySEC). Holding a CySEC license (CIF License No. 169/12), XTB is authorized to provide investment services to clients across the EU.

 

BrokerXTB
CySEC RegulatedYes
Minimum Deposit250 USD
Leverage1:30
BonusesNone
Fund Withdrawal FeeYes
Spreads from0.1 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

Does XTB offer a sign-up bonus?

Due to strict regulatory guidelines, particularly under CySEC, XTB generally does not offer traditional sign-up bonuses or monetary promotions to retail clients within the EU. Their focus is on transparent pricing and robust trading conditions rather than incentives.

 

What trading platforms does XTB provide?

XTB primarily provides its award-winning proprietary platform, xStation 5. This platform is available as a web app, desktop application, and mobile app, offering a comprehensive and user-friendly trading experience. XTB does not support MetaTrader 4 or MetaTrader 5.

 

Pros and Cons

 

ProsCons
Strong RegulationMinimum Deposit
Proprietary PlatformNo Sign-Up Bonuses
Competitive SpreadsLimited Account Types
Negative Balance ProtectionLimited Research Tools
No Deposit or
Withdrawal Fees
Slow Customer Support

 

★★★★
Minimum Deposit: $0
Regulated by: FCA, KNF, IFSC, CySEC
Crypto: Yes

 

Our Insights

XTB is a well-established, CySEC-regulated broker, providing a secure and transparent trading environment for its European clients. Its proprietary xStation 5 platform, combined with competitive spreads and a broad selection of tradable instruments, makes it an effective choice for both beginners and experienced traders.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐☆☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐☆
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

7. FP Markets

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

FP Markets is a globally recognized forex and CFD broker, founded in 2005, that provides a diverse array of trading instruments and platforms. In Europe, FP Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 371/18.

 

BrokerFP Markets
CySEC RegulatedYes
Minimum Deposit100 USD
Leverage500:1
BonusesNone
Fund Withdrawal Fee0.0 pips
Spreads from0.0 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What is the minimum deposit at FP Markets?

The minimum deposit at FP Markets for Standard and Raw MT4/MT5 accounts is AUD 100 (or equivalent). For IRESS accounts, the minimum deposit is typically higher, starting from AUD 1,000

 

Is FP Markets suitable for beginners?

Yes, FP Markets is suitable for beginners. They offer educational resources, including video tutorials and trading guides, along with free demo accounts to practice risk-free. Their 24/7 multilingual customer support and range of platforms like MT4 and MT5 also aid new traders.

 

Pros and Cons

 

ProsCons
Tight SpreadsNo Sign-Up Bonus
Multiple PlatformsIRESS Platform Not
Available in EU
Fast ExecutionLimited Payment
Methods in Some
Regions
Negative Balance
Protection
Standard Account
Spreads Higher
Strong Educational
Content
Limited Proprietary Tools

 

★★★★★
Minimum Deposit: $100
Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA
Crypto: Yes

 

Our Insights

FP Markets stands out as a reliable, well-regulated broker under CySEC, offering competitive trading conditions, especially for forex and CFD traders. With tight ECN spreads, fast execution, and access to MetaTrader 4/5, it caters well to both beginners and experienced traders.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

8. FxPro

 

★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, ASIC
Crypto: Yes

 

FxPro’s strict adherence to CySEC regulations, along with its diverse trading options and client-focused features, makes it a reliable choice for traders seeking a secure and comprehensive trading environment within the European market.

 

BrokerFxPro
CySEC RegulatedYes
Minimum Deposit100 USD
Leverage1:30 for Retail Clients
1:500 For Professional
clients
BonusesNone
Fund Withdrawal FeeNone
Spreads from0.0 pips
Investor Protection SchemesYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What is the minimum deposit required to open an account?

FxPro typically requires a minimum deposit of USD 100 (or equivalent in other currencies) to open most account types. This amount is generally considered competitive and accessible for new traders looking to start with a modest initial investment.

 

What is the leverage available?

For retail clients in the EU and UK, FxPro offers leverage up to 1:30 on major forex pairs due to regulatory limits. For clients outside these regions or those who qualify as professional traders, FxPro can offer higher leverage, up to 1:200

 

Pros and Cons

 

ProsCons
Regulated by CySECNo Sign-Up Bonus
Multiple PlatformsHigher Spreads on
Standard Accounts
Negative Balance
Protection
Limited Leverage
(Retail Clients)
Excellent ExecutionNot Ideal for Micro
Accounts
Low Spreads (Raw+
Accounts)
No Social or Copy
Trading

 

★★★★
Minimum Deposit: $100
Regulated by: FCA, CySEC, ASIC
Crypto: Yes

 

Our Insights

FxPro is a well-established and reputable broker regulated by CySEC, making it a secure choice for traders across the EU. It offers a diverse range of trading platforms (MT4, MT5, cTrader, FxPro Edge) and instruments, including Forex, commodities, indices, and crypto CFDs.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐⭐
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐⭐
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

9. IC Markets

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Under CySEC regulation, IC Markets provides retail clients with a maximum leverage of 1:30, in line with ESMA guidelines. The broker offers a wide array of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies, accessible via MetaTrader 4, MetaTrader 5, and cTrader.

 

BrokerIC Markets
CySEC RegulatedYes
Minimum Deposit200 USD
Leverage1:500
BonusesYes
Fund Withdrawal FeeNone
Spreads from0.0 pips
CommissionsYes
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What trading platforms are available?

IC Markets provides a comprehensive suite of trading platforms to suit various preferences. These include the highly popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both available across desktop (Windows, Mac), web, and mobile (iOS, Android).

 

What leverage does IC Markets offer under CySEC?

Under CySEC regulation, IC Markets offers a maximum leverage of 1:30 for retail clients on major forex pairs. This is in line with ESMA guidelines, which impose lower limits on other instruments (e.g., 1:20 for non-major forex)

 

Pros and Cons

 

ProsCons
Ultra-Low SpreadsNo Sign-Up Bonus
Advanced PlatformsComplex for Beginners
Fast ExecutionRecent Regulatory Fines
Negative Balance ProtectionHigh Bank Wire Fee
No Deposit/Withdrawal FeesLimited Educational
Resources

 

★★★
Minimum Deposit: $200
Regulated by: FSA
Crypto: Yes

 

Our Insights

IC Markets (EU) is a well-regulated broker under strict CySEC oversight, ensuring a safe and transparent trading environment for clients. It offers ultra-low spreads, fast execution speeds, and access to popular platforms like MT4, MT5, and cTrader, making it ideal for both professional and algorithmic traders.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐⭐
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐⭐☆
4Research and Education⭐⭐⭐☆☆
5Mobile Trading and User Experience⭐⭐⭐⭐☆
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐⭐☆
8Execution Speed and Order Types⭐⭐⭐⭐⭐
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐⭐☆

 

10. eToro

 

★★★★
Minimum Deposit: $200
Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN
Crypto: Yes

 

eToro (Europe) Ltd is a Cyprus-based multi-asset investment platform regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 109/10. With over 38 million registered users spanning 75 countries, eToro remains a prominent force in global investment, providing a platform that integrates both traditional and digital assets within a regulated environment.

 

BrokereToro
CySEC RegulatedYes
Minimum Deposit50 USD
BonusesNone
Leverage1:30 for retail clients
1:400 for professional
clients
Fund Withdrawal FeeYes
Spreads From1.0 pip
CommissionsNone
Investor Protection SchemesYes
Negative Balance ProtectionYes
Read ReviewRead Review
Open AccountOpen Account

 

Frequently Asked Questions

 

What is the minimum deposit at eToro?

The minimum deposit at eToro varies by region and first-time deposit. For many countries, it’s USD 50. However, initial deposits can range from $10 in the UK to $10,000 in Israel, with bank transfers typically requiring a higher minimum of $500.

 

What platforms does eToro offer?

eToro primarily offers its proprietary multi-asset trading platform, available via web, desktop, and a mobile app (iOS and Android). This intuitive platform integrates social trading features like CopyTrader™ and Smart Portfolios, distinguishing it from brokers relying on MetaTrader or cTrader.

 

Pros and Cons

 

ProsCons
Social Trading PlatformHigh Spreads
Wide Range of AssetsNo MT4/MT5 Platforms
User-Friendly PlatformLimited Advanced Tools
Negative Balance
Protection
No Bonuses

 

★★★★
Minimum Deposit: $200
Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN
Crypto: Yes

 

Our Insights

eToro stands out as a trusted, user-friendly trading platform regulated by CySEC, making it a secure choice for EU-based traders. It excels in social and copy trading, offers zero-commission stock trading, and has embraced crypto regulation under MiCA, positioning itself at the forefront of retail investing innovation.

 

Final Score

 

#CriteriaScore
1Overall Rating and Trust Score⭐⭐⭐⭐☆
2Range of Investments, Platforms and Tools⭐⭐⭐⭐☆
3Commissions, Fees, and Bonus Offers⭐⭐⭐☆☆
4Research and Education⭐⭐⭐⭐☆
5Mobile Trading and User Experience⭐⭐⭐⭐⭐
6Customer Support and Regulatory Compliance⭐⭐⭐⭐☆
7Deposit and Withdrawal Option⭐⭐⭐☆☆
8Execution Speed and Order Types⭐⭐⭐☆☆
9Risk Management and Safety Measures⭐⭐⭐⭐☆
10Markets Analysis and Trading Tools⭐⭐⭐☆☆

 

What is the Primary Objective of CySEC?

The Cyprus Securities and Exchange Commission (CySEC) primarily aims to supervise and regulate investment services within Cyprus. Its core objective is to protect investors and maintain the integrity of the securities market.

 

Key Responsibilities

 

  • Enforcing compliance with EU financial regulations (e.g., MiFID II).
  • Issuing licenses to forex brokers and investment firms.
  • Monitoring market activities to prevent fraud and manipulation.
  • Ensuring transparency, fairness, and investor protection.

 

CySEC is crucial in establishing Cyprus as a respected hub for regulated forex brokers operating throughout the European Economic Area.

 

What are the Benefits of Trading with CySEC-Regulated Brokers?

Trading with CySEC-regulated brokers offers key benefits for beginners, including investor protection up to €20,000, segregated client funds, negative balance protection, transparent pricing, EU-wide access, and strong dispute resolution and marketing standards.

 

Frequently Asked Questions

 

What is CySEC?

The Cyprus Securities and Exchange Commission (CySEC) is the financial regulatory authority of Cyprus. Its primary role is to supervise and regulate investment services and the securities market in Cyprus, ensuring investor protection and market integrity, especially for brokers operating across the EU.

 

Why should I choose a CySEC-regulated broker?

Choosing a CySEC-regulated broker offers significant advantages. These include investor protection, segregated client funds, and negative balance protection, ensuring you can’t lose more than your deposit. You also benefit from transparent pricing, clear risk disclosures, and access to the Investor Compensation Fund

 

Pros and Cons

 

ProsCons
Investor ProtectionLeverage Restrictions
Strict Regulatory
Standards
No Bonuses or
Promotions
Segregated Client FundsVariable Broker Quality
Negative Balance
Protection
Limited Enforcement
Visibility
Transparent PracticesComplex Legal Language

 

Our Insights

While some trade-offs exist—like limited leverage, the absence of promotional bonuses, and varying broker quality—these restrictions primarily aim to shield retail traders from excessive risk and deceptive practices.

 

CySEC-regulated forex broker

 

In Conclusion

Choosing a CySEC-regulated forex broker provides a robust layer of security, transparency, and investor protection, making it a smart decision, especially for beginners and EU-based traders. With safeguards like segregated funds, negative balance protection, and coverage under the Investor Compensation Fund, traders can feel more confident that their capital is managed responsibly.

 

Faq

Yes, CySEC-regulated brokers are required to offer negative balance protection for all retail clients. This crucial safeguard ensures that traders cannot lose more than the total funds deposited in their trading account, protecting them from incurring debt to the broker.

No, CySEC-regulated brokers are generally not allowed to offer traditional sign-up bonuses or monetary promotions to retail clients. This is due to strict EU regulations, primarily ESMA guidelines, which deem such incentives as encouraging excessive risk-taking and not acting in the client’s best interest.

The Investor Compensation Fund (ICF) is a scheme in Cyprus designed to protect retail clients of investment firms (like forex brokers) in case of the firm’s insolvency. If a CySEC-regulated broker cannot return client funds or financial instruments, the ICF can provide compensation.

Yes, many CySEC-regulated brokers offer crypto CFDs (Contracts for Difference), allowing you to speculate on cryptocurrency price movements without owning the underlying asset. They operate under the EU’s MiCA (Markets in Crypto-Assets) regulation, ensuring a regulated environment for these products.

HFM

Doo Prime

XM

Best Forex Brokers