10 Best CySEC Regulated Forex Brokers
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*
Here is a Breakdown of Topics covered in this comprehensive guide:
- The 10 Best CySEC Regulated Forex Brokers
- Pros and Cons of Forex Trading
- What is the Primary Objective of CySEC?
- What are the Benefits of Trading with a CySEC-Regulated Broker?
and much, MUCH more!
The 10 Leading CySEC Regulated Forex Brokers’ Standout Feature.
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
- HFM – High 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
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.
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
Pros | Cons |
Strong Regulation | No Sign-Up Bonuses |
Low Spreads | Limited Educational Resources |
No Deposit/Withdrawal Fees | No Proprietary Platform |
Multiple Platforms | Offshore Entity Option |
Negative Balance Protection | No Fixed Spread Accounts |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐☆☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
2. AvaTrade
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.
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
Pros | Cons |
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 Available | Average Spreads Compared to Some Brokers |
User-Friendly Mobile App | No US Clients Accepted |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. Tickmill
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.
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
Pros | Cons |
Strong Regulation | Limited Asset Range (under CySEC) |
Low Trading Costs | No Cent/Micro Accounts |
Negative Balance Protection | No Proprietary Platform |
Fast Execution Speeds | Bonus Restrictions in EU |
Multiple Account Types | No US Clients |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐⭐ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐⭐ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5. Pepperstone
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.
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
Pros | Cons |
Tight Spreads | No Bonus Offers |
Multiple Platforms | Limited Research Depth |
No Minimum Deposit | No Proprietary App |
Fast Execution | No US Clients Accepted |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐☆☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
6. XTB
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.
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
Pros | Cons |
Strong Regulation | Minimum Deposit |
Proprietary Platform | No Sign-Up Bonuses |
Competitive Spreads | Limited Account Types |
Negative Balance Protection | Limited Research Tools |
No Deposit or Withdrawal Fees | Slow Customer Support |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
7. FP Markets
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.
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
Pros | Cons |
Tight Spreads | No Sign-Up Bonus |
Multiple Platforms | IRESS Platform Not Available in EU |
Fast Execution | Limited Payment Methods in Some Regions |
Negative Balance Protection | Standard Account Spreads Higher |
Strong Educational Content | Limited Proprietary Tools |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
8. FxPro
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.
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
Pros | Cons |
Regulated by CySEC | No Sign-Up Bonus |
Multiple Platforms | Higher Spreads on Standard Accounts |
Negative Balance Protection | Limited Leverage (Retail Clients) |
Excellent Execution | Not Ideal for Micro Accounts |
Low Spreads (Raw+ Accounts) | No Social or Copy Trading |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
9. IC Markets
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.
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
Pros | Cons |
Ultra-Low Spreads | No Sign-Up Bonus |
Advanced Platforms | Complex for Beginners |
Fast Execution | Recent Regulatory Fines |
Negative Balance Protection | High Bank Wire Fee |
No Deposit/Withdrawal Fees | Limited Educational Resources |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
4 | Research and Education | ⭐⭐⭐☆☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
10. eToro
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.
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
Pros | Cons |
Social Trading Platform | High Spreads |
Wide Range of Assets | No MT4/MT5 Platforms |
User-Friendly Platform | Limited Advanced Tools |
Negative Balance Protection | No Bonuses |
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
# | Criteria | Score |
1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆☆ |
4 | Research and Education | ⭐⭐⭐⭐☆ |
5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
8 | Execution Speed and Order Types | ⭐⭐⭐☆☆ |
9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
10 | Markets 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
Pros | Cons |
Investor Protection | Leverage Restrictions |
Strict Regulatory Standards | No Bonuses or Promotions |
Segregated Client Funds | Variable Broker Quality |
Negative Balance Protection | Limited Enforcement Visibility |
Transparent Practices | Complex 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.
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.
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