Skip to content
Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
Disclosure·Affiliate links. Editorial ranking is independent. How we're paid
CFD Brokers2026

Brokers by Country · CY

Brokers in Cyprus, 2026

Tracked byUpdated

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

mixed
  1. Editorial top pick

    01FxPro

    Local licenseFCACySECSCBFSCA
    Open account at FxPro
    Avg spread
    0.30pip
    midpoint of broker range
    Cost / lot
    $10.00
    incl. $7 commission
    Min deposit
    $100
    Max leverage
    1:500
    EU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500

    Four 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 broker
    PlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro Edge

    Founded in 2006 · Verified Jun 1, 2026

  2. 02Tickmill

    Local licenseFCACySECFSAFSCA
    Open account at Tickmill
    Avg spread
    0.20pip
    editorial estimate
    Cost / lot
    $8.00
    incl. $6 commission
    Min deposit
    $100
    Max leverage
    1:1000
    EU/UK retail: 1:30 · Seychelles entity: 1:1000

    Raw 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 pricing
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 2014 · Verified Jun 1, 2026

  3. 03XM Group

    Local licenseASICCySECIFSC
    Open account at XM Group
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/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 deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

  4. 04Deriv

    Local licenseBVIMFSA
    Open account at Deriv
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU 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 category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

  5. 05AvaTrade

    Local licenseASICFSCACBIBVI
    Open account at AvaTrade
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated 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 history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006 · Verified Jun 1, 2026

  6. 06RoboForex

    IFSC
    Open account at RoboForex
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN 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 minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded 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
Tax

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%.

Retail trading rules

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.