Brokers by Country · CY
Brokers in Cyprus, 2026
Tracked byIndependent review teamUpdated
Cyprus is the largest concentration of EU-licensed retail forex/CFD brokers in Europe. CySEC supervises around 200 Cyprus Investment Firms (CIFs), most of which passport into other EEA member states. Domestic Cypriot retail trading is small relative to outbound passporting volume — for residents, the same firms (IronFX, FXTM, Exness EU, XM Cyprus and others) provide direct service.
6 / 8 brokers accept Cyprus
mixedEditorial top pick
01Editorial top pick
01FxPro
Local licenseFCACySECSCBFSCAOpen account at FxPro →- Avg spread
- 0.30pip
- Cost / lot
- $10.00
- Min deposit
- $100
- Max leverage
- 1:500
midpoint of broker rangeincl. $7 commissionEU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one brokerPlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro EdgeFounded in 2006 · Verified Jun 1, 2026
- 02
02Tickmill
Local licenseFCACySECFSAFSCAOpen account at Tickmill →- Avg spread
- 0.20pip
- Cost / lot
- $8.00
- Min deposit
- $100
- Max leverage
- 1:1000
editorial estimateincl. $6 commissionEU/UK retail: 1:30 · Seychelles entity: 1:1000Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page
Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricingPlatformsMetaTrader 4, MetaTrader 5Founded in 2014 · Verified Jun 1, 2026
- 03
03XM Group
Local licenseASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
- 04
04Deriv
Local licenseBVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 05
05AvaTrade
Local licenseASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 06
06RoboForex
IFSCOpen account at RoboForex →- Avg spread
- 0.20pip
- Cost / lot
- $6.00
- Min deposit
- $10
- Max leverage
- 1:500
broker-published typicalincl. $4 commissionIFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection
Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimumPlatformsMetaTrader 4, MetaTrader 5, R Stocks TraderFounded in 2009 · Verified Jun 1, 2026
Country context
- Regulator
- CySEC · Cyprus Securities and Exchange Commission — most common EU passport for retail forex/CFD brokers
- Currency
- EUR
- Payment methods
- SEPAVisaMastercardJCC
Cyprus residents are taxed on capital gains only on Cyprus-situated immovable property. Profits from forex and CFDs are not subject to Cyprus capital gains tax for individuals trading on personal account. Personal income tax applies if trading is conducted as a business; the corporate tax rate is 12.5%.
ESMA-aligned: 1:30 majors, 1:20 minors and gold, 1:10 non-gold commodities and major indices, 1:5 individual equities, 1:2 crypto CFDs. The Investor Compensation Fund (ICF) covers up to €20,000 per eligible client if a CIF fails. Negative balance protection is mandatory for retail.
Frequently asked
Which brokers accept residents of Cyprus?+
6 of 8 brokers in our ranking accept Cyprus: FxPro, Tickmill, XM Group, Deriv, AvaTrade.
Who regulates brokers for Cyprus?+
Primary regulator: CySEC — Cyprus Securities and Exchange Commission — most common EU passport for retail forex/CFD brokers.
What payment methods are available?+
Common methods: SEPA, Visa, Mastercard, JCC.
What are the tax rules for trading in Cyprus?+
Cyprus residents are taxed on capital gains only on Cyprus-situated immovable property. Profits from forex and CFDs are not subject to Cyprus capital gains tax for individuals trading on personal account. Personal income tax applies if trading is conducted as a business; the corporate tax rate is 12.5%.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.