CFD Brokers in Cyprus
Here you can find the best CFDs Brokers based in Cyprus regulated by CySEC. The Following registered CFDs companies hold a CySEC license and are located mainly in Limassol or Nicosia, Cyprus.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail CFD 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.
| # | Broker | EU risk warning | Popularity | CySEC | Min. Deposit |
ECN (min. deposit) |
MT4 | MT5 | Ελληνικά | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 75.99% of retail CFD accounts lose money |
|
120/10 | 5 € | ✓ | ✓ | ✓ | > Visit → | ||
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XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. |
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| 2 | 79% of retail CFD accounts lose money |
|
250/14 | 100 € | ✓ | > Visit → | ||||
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| 3 | 75% of retail CFD accounts lose money |
|
278/15 | 100 € | 100 € | ✓ | ✓ | > Visit → | ||
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Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders. |
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| 4 | 77% of retail CFD accounts lose money |
|
078/07 | n/a | ✓ | ✓ | > Visit → | |||
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FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards. |
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| 5 | 76% of retail CFD accounts lose money |
|
169/12 | n/a | ✓ | > Visit → | ||||
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XTB is a stock exchange-listed broker, offering its proprietary xStation 5 platform. It provides access to real Stocks and ETFs alongside CFDs. Key features include market analysis tools and a clean platform interface. Suitable for traders who prefer a proprietary platform and value market research. |
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| 6 | 72.2% of retail CFD accounts lose money |
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388/20 | 10 € | 10 € | ✓ | ✓ | > Visit → | ||
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Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders. |
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| 7 | 72% of retail CFD accounts lose money |
|
247/14 | n/a | > Visit → | |||||
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IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability. |
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XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
75.99% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| ECN | |
| CySEC | 120/10 |
| Ελληνικά | ✓ |
| Platforms | MT4 ✓ MT5 ✓ |
Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders.
75% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 100 € |
| CySEC | 278/15 |
| Ελληνικά | |
| Platforms | MT4 ✓ MT5 ✓ |
FxPro is a broker with a reputation for NDD (No Dealing Desk) execution. It offers multiple platforms and its own proprietary interface. Key features include execution statistics transparency, fund management tools, and support for algorithmic trading. A choice for serious traders requiring reliability and professional execution standards.
77% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| CySEC | 078/07 |
| Ελληνικά | |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
XTB is a stock exchange-listed broker, offering its proprietary xStation 5 platform. It provides access to real Stocks and ETFs alongside CFDs. Key features include market analysis tools and a clean platform interface. Suitable for traders who prefer a proprietary platform and value market research.
76% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| CySEC | 169/12 |
| Ελληνικά | |
| Platforms | MT4 ✓ |
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders.
72.2% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 10 € |
| CySEC | 388/20 |
| Ελληνικά | |
| Platforms | MT4 ✓ MT5 ✓ cTrader ✓ |
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability.
72% of retail CFD accounts lose money
| Popularity |
|
|---|---|
| ECN | |
| CySEC | 247/14 |
| Ελληνικά |
Forex trading in Cyprus is regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is responsible for the regulation of all financial services providers, including Forex brokers operating in Cyprus.
Cyprus has become an attractive destination for Forex brokers as it offers a low corporate tax rate, a favorable business environment, and a large pool of talented professionals. Additionally, the country's membership in the European Union allows Forex brokers to access the entire EU market.
Forex traders in Cyprus have access to a wide range of currency pairs, as well as CFDs on various financial instruments, such as stocks, commodities, and indices. Forex brokers in Cyprus are also required to comply with strict regulations and have to meet strict capital requirements.
However, it's essential to conduct thorough research before choosing a Forex broker to ensure that they are regulated and have a good reputation. Traders should also be aware of the risks involved in Forex trading and ensure that they understand the terms and conditions of the broker before opening an account.
CySEC regulation
In Cyprus, Forex brokers must be regulated by the CySEC, the Cyprus Securities and Exchange Commission. Even if there are serious requirements to have a licence from the CySEC, this juridiction is still seen as friendly and attractive for Forex brokerage firms. Due to the fact that Cyprus is a state of the European Economic Area, CySEC take part of the European MiFID regulation. That is why a lot of Forex brokers choosed to be domiciled in Cyprus. There are also a lots of supplying companies that can serve brokerage firms there, Cyprus is still one of the most attractive country for Forex brokers. From the point of view of a trader, Cyprus-based forex brokers can be well considered.
CySEC brokers must conform to the following rules:
- Funds of traders must be kept in segregated accounts.
- There is an insolvency protection under the Investor Compensation Fund, compensating clients up to €20,000.
- Financial statements of brokers must be reviewed on a periodic basis.
What is Forex?
Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.
Forex trading
Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.
What is a broker?
Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.
