ForexLicenses

Forex brokers regulated in Cyprus

Cyprus is home to one regulator tracked by ForexLicenses.com: the Cyprus Securities and Exchange Commission (CySEC). We match 80 brokers to a licence from this regulator. 58 brokers are headquartered in Cyprus.

Rules for traders in Cyprus

Cyprus is the EU's main licensing hub for retail brokers. CySEC-licensed firms apply ESMA leverage caps, negative balance protection and €20,000 ICF compensation, and can passport across the EEA.

Regulators in Cyprus

CySEC 2 Cyprus Securities and Exchange CommissionInvestor Compensation Fund (ICF) — up to €20,000

Brokers licensed in Cyprus 80

Brokers matched to at least one licence from a regulator based in Cyprus. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 P Plus500 Forex & CFD broker, since 2008 ASICCFTC / NFAFCAMASCySECDFSA+4 92Very strong Licences Visit site
2 FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
3 MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
4 A Admirals Forex & CFD broker, since 2001 ASICFCACySECEFSAFSCACMA (Kenya)+2 78Strong Licences Visit site
5 P Pepperstone Forex & CFD broker, since 2010 ASICBaFinFCACySECDFSACMA (Kenya)+1 78Strong Licences Visit site
6 T ThinkMarkets Forex & CFD broker, since 2010 ASICFCAJFSACySECFSCACIMA 77Strong Licences Visit site
7 X XTB Multi-asset broker, since 2002 FCACySECDFSAFSCAKNFFSC (Belize) 75Strong Licences Visit site
8 E eToro Multi-asset broker, since 2007 ASICFCACySECFSA (Seychelles) 74Strong Licences Visit site
9 F FXCM Forex & CFD broker, since 1999 ASICFCACySECFSCA 72Strong Licences Visit site
10 T2 Trading 212 Multi-asset broker, since 2004 ASICFCACySECFSC (BG) 72Strong Licences Visit site
11 F Fortrade Forex & CFD broker, since 2013 ASICCIROFCACySEC 71Strong Licences Visit site
12 H HFM Forex & CFD broker, since 2010 FCACySECDFSAFSCACMA (Kenya)FSC (MU)+1 70Strong Licences Visit site
13 X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
14 E Eightcap Forex & CFD broker, since 2009 ASICFCACySECSCBFSA (Seychelles) 69Strong Licences Visit site
15 FM FP Markets Forex & CFD broker, since 2005 ASICCySECFSCACMA (Kenya)FSC (MU)FSA (Seychelles) 69Strong Licences Visit site
16 F FXOpen Forex & CFD broker, since 2005 ASICFCACySEC 69Strong Licences Visit site
17 E Exness Forex & CFD broker, since 2008 FCACySECFSCACMA (Kenya)FSC (MU)JSC+3 68Strong Licences Visit site
18 F FxPro Forex & CFD broker, since 2006 FCACySECFSCASCBFSA (Seychelles) 68Strong Licences Visit site
19 CC Capital.com Forex & CFD broker, since 2016 ASICFCACySECCMA (Kenya)SCBFSA (Seychelles) 67Strong Licences Visit site
20 H HYCM Forex & CFD broker, since 1977 FCACySECDFSACIMA 67Strong Licences Visit site
21 T Tickmill Forex & CFD broker, since 2014 FCACySECDFSAFSCALabuan FSAFSA (Seychelles) 67Strong Licences Visit site
22 A ATFX Forex & CFD broker, since 2014 FCACySECFSCASCAFSC (MU) 66Strong Licences Visit site
23 MC Markets.com Forex & CFD broker, since 2008 FCACySECFSCABVI FSC 66Strong Licences Visit site
24 F FXTM Forex & CFD broker, since 2011 FCACySECFSCACMA (Kenya)FSC (MU) 65Strong Licences Visit site
25 GM GO Markets Forex & CFD broker, since 2006 ASICCySECFSC (MU)FSA (Seychelles) 65Strong Licences Visit site
26 IM IC Markets Forex & CFD broker, since 2007 ASICCySECCMA (Kenya)SCBFSA (Seychelles) 65Strong Licences Visit site
27 E easyMarkets Forex & CFD broker, since 2001 ASICCySECBVI FSCFSA (Seychelles) 65Strong Licences Visit site
28 O OneRoyal Forex & CFD broker, since 2006 ASICCySECVFSC 64Strong Licences Visit site
29 XC XS.com Forex & CFD broker, since 2010 ASICCySECLabuan FSAFSA (Seychelles) 63Strong Licences Visit site
30 F FBS Forex & CFD broker, since 2009 ASICCySECFSC (Belize) 62Strong Licences Visit site
31 M Mitrade Forex & CFD broker, since 2011 ASICCySECCIMAFSC (MU) 62Strong Licences Visit site
32 TC Trade.com Multi-asset broker, since 2013 FCACySECFSCA 62Strong Licences Visit site
33 LG LMAX Global Forex & CFD broker, since 2010 FCACySEC 61Moderate Licences Visit site
34 T Tradu Multi-asset broker, since 2023 FCACySECFSA (Seychelles) 55Moderate Licences Visit site
35 C CFI Forex & CFD broker, since 1998 CySECFSC (MU)FSA (Seychelles)VFSC 51Moderate Licences Visit site
36 J JustMarkets Forex & CFD broker, since 2012 CySECFSCAFSC (MU)BVI FSCFSA (Seychelles) 51Moderate Licences Visit site
37 L Libertex Forex & CFD broker, since 1997 CySECFSCA 51Moderate Licences Visit site
38 WB Windsor Brokers Forex & CFD broker, since 1988 CySECCMA (Kenya)JSCFSC (Belize) 51Moderate Licences Visit site
39 AC Amana Capital Forex & CFD broker, since 2010 CySECDFSAFSC (MU) 50Moderate Licences Visit site
40 F FXPrimus Forex & CFD broker, since 2009 CySECFSCAVFSC 50Moderate Licences Visit site
41 I IronFX Forex & CFD broker, since 2010 CySECFSCABMA 50Moderate Licences Visit site
42 CP Colmex Pro Multi-asset broker, since 2010 CySECFSCA 49Moderate Licences Visit site
43 FG FIBO Group Forex & CFD broker, since 1998 CySECBVI FSC 49Moderate Licences Visit site
44 N NAGA Multi-asset broker, since 2015 CySECFSA (Seychelles) 49Moderate Licences Visit site
45 O Octa Forex & CFD broker, since 2011 CySECFSCAFSC (MU) 49Moderate Licences Visit site
46 S SquaredFinancial Forex & CFD broker, since 2005 CySECFSA (Seychelles) 49Moderate Licences Visit site
47 E Exante Multi-asset broker, since 2011 CySECMFSA 48Moderate Licences Visit site
48 I InstaForex Forex & CFD broker, since 2007 CySECBVI FSC 48Moderate Licences Visit site
49 J Just2Trade Multi-asset broker, since 2006 CySEC 48Moderate Licences Visit site
50 L LiteFinance Forex & CFD broker, since 2005 CySEC 48Moderate Licences Visit site
51 T TeleTrade Forex & CFD broker, since 1994 CySEC 48Moderate Licences Visit site
52 V Vestle Forex & CFD broker, since 1996 CySEC 48Moderate Licences Visit site
53 GB GBE Brokers Forex & CFD broker, since 2008 CySEC 47Moderate Licences Visit site
54 O Orbex Forex & CFD broker, since 2010 CySECFSC (MU) 47Moderate Licences Visit site
55 T TopFX Forex & CFD broker, since 2010 CySECFSA (Seychelles) 47Moderate Licences Visit site
56 TT Traders Trust Forex & CFD broker, since 2009 CySECBMA 47Moderate Licences Visit site
57 X Xtrade Forex & CFD broker, since 2009 CySECFSC (Belize) 47Moderate Licences Visit site
58 CC CAPEX.com Forex & CFD broker, since 2016 CySECFSRA (ADGM) 46Moderate Licences Visit site
59 F FXCC Forex & CFD broker, since 2010 CySEC 46Moderate Licences Visit site
60 FC FXGT.com Forex & CFD broker, since 2019 CySECFSCAFSA (Seychelles)VFSC 46Moderate Licences Visit site
61 JB JFD Brokers Forex & CFD broker, since 2011 CySECVFSC 46Moderate Licences Visit site
62 M Mayzus Forex & CFD broker, since 2010 CySEC 46Moderate Licences Visit site
63 A Alvexo Forex & CFD broker, since 2014 CySECFSA (Seychelles) 45Moderate Licences Visit site
64 M M4Markets Forex & CFD broker, since 2019 CySECDFSAFSA (Seychelles) 45Moderate Licences Visit site
65 R RoboMarkets Multi-asset broker, since 2012 CySEC 45Moderate Licences Visit site
66 E Eurotrader Forex & CFD broker, since 2019 CySECFSCA 44Weak Licences Visit site
67 F FXGrow Forex & CFD broker, since 2013 CySEC 44Weak Licences Visit site
68 F Fxview Forex & CFD broker, since 2019 CySECFSCA 44Weak Licences Visit site
69 S Skilling Forex & CFD broker, since 2016 CySECFSA (Seychelles) 44Weak Licences Visit site
70 T Trade360 Forex & CFD broker, since 2013 CySEC 44Weak Licences Visit site
71 UM Ultima Markets Forex & CFD broker, since 2016 CySECFSC (MU) 44Weak Licences Visit site
72 E EuropeFX Forex & CFD broker, since 2016 CySEC 43Weak Licences Visit site
73 F ForexMart Forex & CFD broker, since 2015 CySEC 43Weak Licences Visit site
74 L Lirunex Forex & CFD broker, since 2018 CySECLabuan FSA 43Weak Licences Visit site
75 PT Purple Trading Forex & CFD broker, since 2016 CySEC 43Weak Licences Visit site
76 A Axiance Forex & CFD broker, since 2019 CySECFSA (Seychelles) 42Weak Licences Visit site
77 E Errante Forex & CFD broker, since 2019 CySECFSA (Seychelles) 42Weak Licences Visit site
78 E EverFX Forex & CFD broker, since 2017 CySEC 42Weak Licences Visit site
79 M Mexem Multi-asset broker, since 2017 CySEC 42Weak Licences Visit site
80 O Oqtima Forex & CFD broker, since 2022 CySECFSA (Seychelles) 41Weak Licences Visit site

Brokers headquartered in Cyprus 58

Broker Licences on record Licence Score Actions
X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
H HFM Forex & CFD broker, since 2010 FCACySECDFSAFSCACMA (Kenya)FSC (MU)+1 70Strong Licences Visit site
E Exness Forex & CFD broker, since 2008 FCACySECFSCACMA (Kenya)FSC (MU)JSC+3 68Strong Licences Visit site
F FxPro Forex & CFD broker, since 2006 FCACySECFSCASCBFSA (Seychelles) 68Strong Licences Visit site
CC Capital.com Forex & CFD broker, since 2016 ASICFCACySECCMA (Kenya)SCBFSA (Seychelles) 67Strong Licences Visit site
MC Markets.com Forex & CFD broker, since 2008 FCACySECFSCABVI FSC 66Strong Licences Visit site
F FXTM Forex & CFD broker, since 2011 FCACySECFSCACMA (Kenya)FSC (MU) 65Strong Licences Visit site
E easyMarkets Forex & CFD broker, since 2001 ASICCySECBVI FSCFSA (Seychelles) 65Strong Licences Visit site
F FBS Forex & CFD broker, since 2009 ASICCySECFSC (Belize) 62Strong Licences Visit site
TC Trade.com Multi-asset broker, since 2013 FCACySECFSCA 62Strong Licences Visit site
L Libertex Forex & CFD broker, since 1997 CySECFSCA 51Moderate Licences Visit site
J JustMarkets Forex & CFD broker, since 2012 CySECFSCAFSC (MU)BVI FSCFSA (Seychelles) 51Moderate Licences Visit site
C CFI Forex & CFD broker, since 1998 CySECFSC (MU)FSA (Seychelles)VFSC 51Moderate Licences Visit site
WB Windsor Brokers Forex & CFD broker, since 1988 CySECCMA (Kenya)JSCFSC (Belize) 51Moderate Licences Visit site
I IronFX Forex & CFD broker, since 2010 CySECFSCABMA 50Moderate Licences Visit site
F FXPrimus Forex & CFD broker, since 2009 CySECFSCAVFSC 50Moderate Licences Visit site
AC Amana Capital Forex & CFD broker, since 2010 CySECDFSAFSC (MU) 50Moderate Licences Visit site
O Octa Forex & CFD broker, since 2011 CySECFSCAFSC (MU) 49Moderate Licences Visit site
N NAGA Multi-asset broker, since 2015 CySECFSA (Seychelles) 49Moderate Licences Visit site
CP Colmex Pro Multi-asset broker, since 2010 CySECFSCA 49Moderate Licences Visit site
S SquaredFinancial Forex & CFD broker, since 2005 CySECFSA (Seychelles) 49Moderate Licences Visit site
FG FIBO Group Forex & CFD broker, since 1998 CySECBVI FSC 49Moderate Licences Visit site
L LiteFinance Forex & CFD broker, since 2005 CySEC 48Moderate Licences Visit site
V Vestle Forex & CFD broker, since 1996 CySEC 48Moderate Licences Visit site
E Exante Multi-asset broker, since 2011 CySECMFSA 48Moderate Licences Visit site
J Just2Trade Multi-asset broker, since 2006 CySEC 48Moderate Licences Visit site
T TeleTrade Forex & CFD broker, since 1994 CySEC 48Moderate Licences Visit site
GB GBE Brokers Forex & CFD broker, since 2008 CySEC 47Moderate Licences Visit site
O Orbex Forex & CFD broker, since 2010 CySECFSC (MU) 47Moderate Licences Visit site
T TopFX Forex & CFD broker, since 2010 CySECFSA (Seychelles) 47Moderate Licences Visit site
X Xtrade Forex & CFD broker, since 2009 CySECFSC (Belize) 47Moderate Licences Visit site
TT Traders Trust Forex & CFD broker, since 2009 CySECBMA 47Moderate Licences Visit site
FC FXGT.com Forex & CFD broker, since 2019 CySECFSCAFSA (Seychelles)VFSC 46Moderate Licences Visit site
JB JFD Brokers Forex & CFD broker, since 2011 CySECVFSC 46Moderate Licences Visit site
F FXCC Forex & CFD broker, since 2010 CySEC 46Moderate Licences Visit site
CC CAPEX.com Forex & CFD broker, since 2016 CySECFSRA (ADGM) 46Moderate Licences Visit site
M Mayzus Forex & CFD broker, since 2010 CySEC 46Moderate Licences Visit site
A Alvexo Forex & CFD broker, since 2014 CySECFSA (Seychelles) 45Moderate Licences Visit site
M M4Markets Forex & CFD broker, since 2019 CySECDFSAFSA (Seychelles) 45Moderate Licences Visit site
R RoboMarkets Multi-asset broker, since 2012 CySEC 45Moderate Licences Visit site
S Skilling Forex & CFD broker, since 2016 CySECFSA (Seychelles) 44Weak Licences Visit site
UM Ultima Markets Forex & CFD broker, since 2016 CySECFSC (MU) 44Weak Licences Visit site
T Trade360 Forex & CFD broker, since 2013 CySEC 44Weak Licences Visit site
F Fxview Forex & CFD broker, since 2019 CySECFSCA 44Weak Licences Visit site
F FXGrow Forex & CFD broker, since 2013 CySEC 44Weak Licences Visit site
E Eurotrader Forex & CFD broker, since 2019 CySECFSCA 44Weak Licences Visit site
PT Purple Trading Forex & CFD broker, since 2016 CySEC 43Weak Licences Visit site
E EuropeFX Forex & CFD broker, since 2016 CySEC 43Weak Licences Visit site
F ForexMart Forex & CFD broker, since 2015 CySEC 43Weak Licences Visit site
E Errante Forex & CFD broker, since 2019 CySECFSA (Seychelles) 42Weak Licences Visit site
A Axiance Forex & CFD broker, since 2019 CySECFSA (Seychelles) 42Weak Licences Visit site
E EverFX Forex & CFD broker, since 2017 CySEC 42Weak Licences Visit site
M Mexem Multi-asset broker, since 2017 CySEC 42Weak Licences Visit site
O Oqtima Forex & CFD broker, since 2022 CySECFSA (Seychelles) 41Weak Licences Visit site
T TriumphFX Forex & CFD broker, since 2008 FSA (Seychelles)VFSC 22Very weak Licences Visit site
EM Excel Markets Forex & CFD broker, since 2010 Defunct No licence on record Inactive Licences
BD Banc De Binary Forex & CFD broker, since 2009 Defunct No licence on record Inactive Licences
FC Forex Club Forex & CFD broker, since 1997 Merged / acquired No licence on record Inactive Licences

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.