4 Best Forex Brokers in Cyprus for 2026
Trading forex in Cyprus means operating in one of Europe’s most established brokerage hubs. With many firms headquartered there, strong oversight and transparency are essential for separating reputable brokers from the rest. To identify the best forex brokers in Cyprus, we focused on companies that combine strict CySEC regulation, competitive pricing, and a high-quality trading environment.
- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
We only selected brokers licensed and regulated by CySEC, and we carefully reviewed their legal documentation to ensure a high level of transparency and compliance. For convenience, we chose brokers offering EUR as a base currency and broad access to EU-denominated instruments, including forex pairs, commodities, indices, and share CFDs.
To complete the evaluation, we compared spreads, commissions, and swap fees against industry averages and tested each broker’s platform usability and feature set. We also reviewed the quality of their research and educational materials and confirmed that each broker maintains a local office in Cyprus.
List of Top Forex Brokers and Trading Platforms in Cyprus
*80% of retail CFD accounts lose money.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 FxPro | 4.4 | 3.6 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
 IronFX | 4.4 | 4.0 | $50 | 1:30 (FCA) 1:500 (FSCA) · 1:2000 (BVI FSC) · 1:30 (CySEC) | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. |
 Capital.com | 4.5 | 4.1 | $20 | 1:30 (ASIC) 1:200 (SCB) · 1:30 (CySEC) · 1:300 (CMA UAE) · 1:30 (FCA) | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
 Plus500 | 4.3 | 3.3 | $100 | 1:300 (FSA) 1:30 (ASIC) · 1:30 (FCA) · 1:20 (MAS) · 1:200 (SCB) · 1:30 (DFSA) · 1:30 (EFSA) · 1:30 (CMA UAE) · 1:30 (CySEC) · 1:30 (FSCA) · 1:30 (FMA) | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money |
How Did FXEmpire Select the Best Forex Brokers in Cyprus?
- Regulated by CySEC. We only selected brokers that are licensed and regulated in Cyprus by the national regulatory body CySEC.
- High transparency. We went over the legal documents of each of our picks and made sure they are very transparent and comply with every safety mechanism mandated by the regulator.
- High execution standards. We checked each broker’s order execution standards and made sure they are fast and reliable.
- EUR as a base currency. For the convenience of traders in Europe, we only selected brokers offering EUR as a base currency.
- Choice of trading instruments from EU markets. We selected brokers with wide offerings of FX pairs, commodities, share CFDs, indices, and instruments from other European markets denominated in EUR.
- Generally low trading fees. We evaluated spreads, commissions, and swaps afforded by brokers and made sure they fall below the industry average.
- User-friendly and feature-rich platforms. We selected brokers offering user-friendly and feature-rich platforms that cater to both beginners and experienced traders.
- Supporting content. We also looked for brokers that provide extensive and highly informative research and educational materials.
- Local offices. We only selected brokers with offices in Cyprus.
Best Overall
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
Founded in 2006, the London-based CFDs broker has grown into one of the biggest, if not the biggest, names in online trading. The competitiveness of FxPro’s fees really shines when one considers the quantity and quality of tools and features offered by the broker.
Key Features:
- CySEC-Regulated Entity: FxPro Financial Services Ltd with license number 078/07
- Offices in Cyprus: Limassol
- Instruments From EU Markets: 19 FX pairs, 2 metals, 408 share CFDs, 8 indices, 3 futures
- Average EURUSD Spread (Account Type): 0.4 pips (cTrader)
- ECN Account Commissions: $7 round turn
- Available Platforms: FxPro’s platform, cTrader, MetaTrader 4&5
The thing that stood out the most to me is that FxPro affords ultra-fast execution speeds of less than 13 milliseconds on average, ranking as one of the best in the industry. Only a handful of brokers deliver such seamless performance, which is available only against a minimum deposit requirement of $1000 with FxPro.
I tested the conditions of a cTrader account, which features floating spreads from 0.4 pips and a $7 round-turn commission per traded lot (100,000 units). Executing one full contract on the EURUSD pair will cost around $11 (0.4 pips x $10 pip value + $7 commission), which meets the industry average.
The cTrader platform is feature-rich with an intuitive design, which makes it easy to scale price action up and down. FxPro reports that less than 14% of all order requests are executed with a negative slippage, meaning that the broker is one of the best choices for high-frequency traders interested in precise order execution.
Pros and Cons
- Ultra-fast order execution.
- Choice of trading platforms.
- Multiple supporting tools.
- Low floating spreads.
- High inactivity fee.
Best MT4
- $50Min Deposit
- 311Tradable Instruments
- MediumFees
Why We Picked It
We chose IronFX because it provides plenty of content and supporting tools for beginner traders who are typically interested in the beginner-friendly MetaTrader 4 (MT4) platform. The broker offers 7 account types, which I assessed to be diverse and made to serve different purposes. There is also a wide range of educational content to help newbies learn the basics of technical and fundamental analysis. IronFX was founded in 2010 and is headquartered in Cyprus.
Key Features:
- CySEC-Regulated Entity: Notesco Financial Services Ltd with license number 125/10
- Offices in Cyprus: Limassol
- Instruments From EU Markets: 20 FX pairs, 2 commodities, 7 indices, 33 share CFDs, 2 futures,
- Average EURUSD Spread (Account Type): 1.0 pips (No Commission account)
- ECN Account Commissions: $18 round turn
- Available Platforms: MetaTrader 4
I consider MT4 a practical, if somewhat basic, platform. It comprises 30 technical indicators and 23 drawing tools to help chart artists gauge market sentiment and determine viable trading opportunities. The platform also supports 9 timeframes and offers 3 different methods for representing price action. Additionally, the platform permits automated trading via its Expert Advisors (EAs) feature.
I opened a ‘No Commission’ account, which offers commission-free trading with floating spreads, as implied by its name. I recorded a 1.0 pips spread on the EURUSD, which means that executing a full-sized position (100,000 units) costs $10. This meets the industry average.
Pros and Cons
- Choice of account types
- Commission-free trading
- MT4 Multi-Terminal
- Free VPS hosting
- No alternative platforms
Best for Beginners
- $20Min Deposit
- 6313Tradable Instruments
- MediumFees
Why We Picked It
I have been reviewing brokers for more than two years, and Capital.com has the best offering for beginner traders I have ever seen, not only in Cyprus but globally. The Cyprus-based broker, which was founded in 2016, offers a choice of platforms, competitive prices, as well as an impressive collection of educational materials and supporting content.
Key Features:
- CySEC-Regulated Entity: Capital Com SV Investments Limited with license number 319/17
- Offices in Cyprus: Limassol
- Instruments From EU Markets: 19 FX pairs, 511 share CFDs, 6 indices,
- Average EURUSD Spread (Account Type): 0.6 pips (CFDs Leverage)
- ECN Account Commissions: $0
- Available Platforms: MetaTrader 4, TradingView, Capital.com’s proprietary
Beginners can learn quite a lot about technical and fundamental analysis, but what really sets Capital.com apart from other brokers is its vast collection of materials covering the intricacies of trading psychology. In my experience, learning about the psychology of trading is of crucial significance for your long-term success on the market. The broker has even developed a special educational mobile app, helping newbies learn on the go.
For the purposes of this review, I opened a CFDs Leverage account with Capital.com, which features commission-free trading and floating spreads from 0.6 pips. I assessed Capital.com’s trading fees to be below the industry average.
Beginners can use MetaTrader 4, which has an incredibly easy learning curve. Alternatively, they can choose between Capital.com’s proprietary platform and the seamless TradingView. The former also has an intuitive design and makes it easy to execute orders, whereas the latter affords in-depth analysis of price action behavior via its professional-grade charts.
Pros and Cons
- Multilayered educational content.
- Specialized learning app.
- Competitive prices.
- Choice of versatile platforms.
- Fast order execution.
- High swaps.
Best for Professional Traders
- $100Min Deposit
- 2764Tradable Instruments
- HighFees
Why We Picked It
Plus500 is a household name in the trading industry, delivering professional-grade services suited for experienced traders. What impressed me most in the offering are the hundreds of instruments from EU markets, which is ideal for those interested in more diverse trading opportunities. Plus500 was established in 2008 and is headquartered in Israel.
Key Features:
- CySEC-Regulated Entity: Plus500CY Ltd
- Offices in Cyprus: Limassol
- Instruments From EU Markets: 16 FX pairs, 800+ share CFDs and ETFs, 14 indices, multiple options on FX pairs and shares.
- Average EURUSD Spread (Account Type): 0.9 pips (Standard)
- ECN Account Commissions: Not Applicable
- Available Platforms: Proprietary Plus500 platform
Plus500 is listed on the London Stock Exchange (LSE), indicating its trustworthiness and stability. The broker operates as a market maker, providing superior execution standards and decreased risk of negative slippage. This makes it suitable for high-frequency traders interested in precise entities and exits in and out of trades.
The broker offers commission-free trading and floating spreads starting from 0.8 pips. I tested the competitiveness of its fees and determined that the broker’s pricing mechanism is slightly more competitive than the industry average.
Another great advantage of Plus500 is its professional-grade platform. It consists of over 100 technical indicators and other analytical tools, more than double the amount available with MetaTrader 4, making it ideal for experienced chart artists. The platform affords easy and sophisticated price action manipulation. Trading opportunities can be examined from multiple angles.
Pros and Cons
- Strong global presence.
- Listed on a major exchange.
- Wide range of instruments from EU markets.
- Feature-rich platform.
- No phone support.
All Brokers That Accept Clients from Cyprus
| Broker | Entity for Cyprus | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
IC Markets (EU) Ltd CySEC Cyprus | 1:30 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG Europe GmbH BaFin Germany | 1:30 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Pepperstone GmbH BaFin Germany | 1:30 | 4.7 | 4.4 | $0 | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
DT Direct Investment Hub Ltd CySEC Cyprus | 1:30 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
Capital Com SV Investments Limited CySEC Cyprus | 1:30 | 4.5 | 4.1 | $20 | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
StoneX Europe Ltd. CySEC Cyprus | 1:30 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:500 | 4.5 | 4.4 | $0 | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Interactive Brokers Central Europe Zrt. MNB Hungary | 1:30 | 4.5 | 4.6 | $0 | IBKR Client Portal, IBKR Desktop, IBKR App, Trader Workstation (TWS), GlobalTrader App | Your capital is at risk | |
MEX Asset Management GmbH BaFin Germany | 1:30 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB S.A. KNF Poland | 1:30 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv Investments (Europe) Limited MFSA Malta | 1:30 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Financial Services Ltd CySEC Cyprus | 1:30 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco Financial Services Ltd* CySEC Cyprus | 1:30 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
OANDA TMS Brokers S.A. KNF Poland | 1:30 | 4.4 | 3.9 | $0 | MT5, MT4, OANDA Trade Web Platform | Your capital is at risk. Spreadbetting only available in UK. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
Trading Point of Financial Instruments Ltd CySEC Cyprus | 1:30 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets – Empresa de Investimento S.A. CMVM Portugal | 1:30 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
ATFX Global Markets (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Indication Investments Ltd CySEC Cyprus | 1:30 | 4.3 | 4.2 | $100 | MT5, MT4, Libertex Platform | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Royal Financial Trading (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
Plus500EE AS EFSA Estonia | 1:30 | 4.3 | 3.3 | $100 | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
Swissquote Bank Europe Ltd CSSF Luxembourg | 1:30 | 4.3 | 2.6 | $1000 | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
Trading.com Markets EU Limited CySEC Cyprus | 1:30 | 4.3 | 2.9 | $50 | MT5, Trading.com WebTrader, Trading.com App | FX and CFD trading involve a high risk of loss. T&Cs Apply. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Novelty Trading Limited CySEC Cyprus | 1:30 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
iCFD Ltd CySEC Cyprus | 1:30 | 4.2 | 2.7 | $100 | iFOREX Platform | Not investment advice; Capital at Risk; T&C apply. | |
Mitrade EU Limited CySEC Cyprus | 1:30 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
FXFlat Bank GmbH BaFin Germany | 1:30 | 4.2 | 3.3 | $10 | Trading 212 Web Trader, Trading 212 App | Your capital is at risk. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy Markets Ltd MFSA Malta | 1:30 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
TSG Brokers Ltd CySEC Cyprus | - | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
Liteforex (Europe) Ltd CySEC Cyprus | 1:30 | 3.9 | 2.5 | $50 | MT5, MT4, LiteFinance App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from Cyprus. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other European Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
Not from Cyprus? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
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About the Authors
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Amy leads the prop trading area at FXEmpire, collaborating closely with industry experts to deliver insightful and trustworthy reviews. Her work ensures that readers gain transparent, reliable guidance in navigating the fast-evolving world of proprietary trading firms.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.