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IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, an excellent proprietary platform, and regulatory credibility that few brokers can match, at the cost of slightly higher charges than specialist ECN desks.
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Forex trading is regulated in Cyprus. The country currently has 55 brokers operating under its regulatory framework. Always verify a broker's licence with the CySEC before depositing funds.
Look for brokers regulated by the CySEC or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the CySEC are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under CySEC rules, traders in Cyprus are subject to local leverage restrictions, capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Cyprus.
Yes. Most brokers available in Cyprus offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
The brokers listed here are available to forex traders residing in Cyprus, each reviewed for regulation, fees, platforms, and trading conditions. CySEC, the Cyprus Securities and Exchange Commission, supervises local brokers and enforces a retail leverage cap of 1:30 on major currency pairs, alongside requirements for negative balance protection and client fund segregation. CySEC-licensed brokers must also participate in the Investor Compensation Fund, which provides additional protection for eligible retail accounts up to specified limits. Cyprus remains a hub for many internationally recognised forex brokers operating under EU regulatory passporting.
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