Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025
We’ve personally tested and ranked the top brokers regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring high standards of trust and reliability.
-
1Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process.
-
2
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.9 Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. -
3
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 XM is a well-known forex and CFD broker with over 10 million clients in more than 190 countries. Since 2009, this reliable broker has provided low trading fees on over 1000 instruments. It is highly regulated by bodies such as ASIC and CySEC and offers a complete MetaTrader experience. -
4
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.8 IC Markets is a renowned forex and CFD broker recognized for its high-quality pricing, extensive range of trading tools, and superior trading technology. Established in 2007 in Australia, it operates under the oversight of ASIC, CySEC, and FSA. It has drawn in over 180,000 traders from across 200 countries. -
5
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
Compare Brokers
Safety Comparison
Compare how safe the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025.
Comparison for Beginners
Compare how suitable the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025.
Detailed Rating Comparison
Compare how we rated the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025.
Broker Popularity
See how popular the Best Cyprus Securities and Exchange Commission (CySEC) Regulated Brokers 2025 are in terms of number of clients.
Broker | Popularity |
---|---|
XM |
|
Exness |
|
AvaTrade |
|
IC Markets |
|
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- Starting on RedMars is very straightforward. You can be operational in just a few minutes according to tests.
- RedMars provides a superior trading platform, MT5, equipped with 21 timeframes, multiple analytical tools, customizable templates, and algorithmic trading.
- EU clients can trade confidently with RedMars, as it is approved by the CySEC. In case of bankruptcy, up to €20K compensation is available through the ICF.
Cons
- The trading platform is simple, lacking advanced features like Islamic account, PAMM account, or copy trading.
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
- RedMars is not suitable for new traders. It lacks educational resources, has no user-friendly platform, requires a high minimum deposit, and demonstrated insufficient customer support during testing.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
Cons
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- XM excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
- XM offers over 1,000 instruments, giving traders various short-term opportunities, including turbo stocks, fractional shares, and thematic indices.
- XM's customer support has proven reliable, offering 24/5 service in 25 languages, response times under 2 minutes, and a growing Telegram channel.
Cons
- The XM global entity is generally reliable and well-regulated but is registered with the less robust IFSC regulator. It no longer accepts UK clients, limiting its market reach.
- XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
- The XM app is user-friendly and offers unique copy trading products, but its technical analysis tools need enhancement for advanced traders.
Why Trade With IC Markets?
IC Markets provides excellent prices, quick execution, and smooth deposits. The utilization of sophisticated charting platforms such as TradingView and the Raw Trader Plus account makes it a preferred choice for intermediate to advanced traders.
Pros
- You can trade more than 2,250 CFDs in various markets, such as forex, commodities, indices, stocks, bonds, and cryptocurrencies. This range enables varied trading strategies.
- IC Markets won DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its top-notch MetaTrader integration, perfected over years to enhance the platform experience.
- IC Markets, a well-regulated and respected broker, emphasizes client security and transparency for a trustworthy global trading experience.
Cons
- The range and quality of educational materials, such as tutorials and webinars, require improvement. This lag falls behind competitors like CMC Markets and reduces its suitability for novice traders.
- Some withdrawal methods require fees such as a $20 wire charge. This can reduce profits, particularly for traders who withdraw frequently.
- Despite having four top-tier third-party platforms, there is no in-house software or trading app specifically designed for new traders.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
Cons
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
Filters
Understanding CySEC and Its Role in Trading
The Cyprus Securities and Exchange Commission (CySEC) is a leading European regulator recognized for its high standards of trust and safety in trading. It ensures that trading platforms provide a secure environment for traders, like you and me. Here’s a simplified look at the role CySEC plays and how it oversees trading platforms.
Our Process for Ranking CySEC-Regulated Brokers
To identify the best trading platforms regulated by CySEC, we followed a few key steps:
– Used our comprehensive list of brokers claiming CySEC licenses, which is updated almost daily.
– Verified these licenses on CySEC’s official register.
– Combined these findings with our expert tests and over 200 data points to present the top 10 platforms.
How To Verify If a Broker Is Regulated by CySEC
Checking if a broker is regulated by CySEC is crucial to ensuring a safe trading experience. Here’s a quick guide on how to verify this information using eToro as an example:
Step 1: Visit CySEC’s Website
Go to the official CySEC site.
Step 2: Find the ‘Regulated Entities’ Section
Look for the ‘Regulated Entities’ menu on the homepage. You will see categories such as:
– Investment Firms (CIFs)
– Administrative Services
– Payment Institutions
For brokers, select ‘Investment Firms (CIFs)’.
Step 3: Use the Search Function
You will find a searchable list of licensed entities.
1. Enter the broker’s name or license number.
2. Click ‘Search’ to view results.
Step 4: Verify Broker Details
When results appear, check for the broker’s name. Click on it to see details like:
– Registration number
– License status (active, suspended, revoked)
– Authorized activities
Step 5: Validate Broker Information
Compare the CySEC license details with those on the broker’s website. Legit brokers usually display their license number prominently. For instance, eToro lists its CySEC license number 109/10, which matches CySEC’s register.
Red Flags to Watch For
– No Matching Results: If a broker is not listed, it’s not CySEC-regulated.
– Suspended or Revoked Status: Avoid brokers with inactive licenses.
An Overview of CySEC’s Role
CySEC regulates financial markets and trading platforms not just in Cyprus but globally. Here’s what they do:
– Protect Investors: Ensure that your money is managed safely.
– Regulate Markets: Monitor various financial activities, including forex and cryptocurrencies.
– Maintain Compliance: Brokers must follow legal standards.
– Foster Market Stability: Prevent fraud and ensure transparency.
CySEC acts as a guide and enforcer, making sure financial transactions are fair and safe.
Who Monitors CySEC?
CySEC doesn’t work alone; it’s watched over by several entities:
– The Cypriot Government: Through the Ministry of Finance, ensuring alignment with national policies.
– The European Union (EU): Must follow EU financial rules like MiFID II.
– The Public and Investors: Holds CySEC accountable through transparency.
– International Regulators: Works with global bodies to maintain standards.
What Powers Does CySEC Have?
CySEC holds significant authority to ensure fairness in the market:
– Grants Licenses: Approves or denies broker licenses.
– Sets Rules: Establishes guidelines for financial operations.
– Conducts Audits: Performs inspections to ensure compliance.
– Imposes Penalties: Issues fines or suspends licenses for rule-breaking.
– Investigates Misconduct: Looks into signs of fraud or manipulation.
Rules a CySEC Broker Must Follow
To be CySEC-regulated, brokers must adhere to strict rules:
– Authorization: Only trustworthy brokers get licensed.
– Capital Adequacy: Maintain sufficient funds.
– Segregation of Funds: Keep your funds separate from broker’s money.
– Transparency: Be open about services and fees.
– Responsible Leverage: Cap leverage to manage risk.
– Negative Balance Protection: Ensure you can’t lose more than deposited.
– Regular Reports: Undergo routine audits.
– Best Execution Practices: Get you the best trade prices.
– Anti-Money Laundering: Verify identities and monitor for suspicious actions.
– Compensation Scheme: Coverage up to €20,000 in case the broker goes bankrupt.
– Adherence to MiFID II: Follow EU-wide protections.
– Swift Action Against Misconduct: Quick penalties for rule breaches.
– Complaints Handling: Offers dispute resolution.
These regulations ensure a safe trading space, where brokers are reliable and transparent.
Does CySEC Enforce its Rules Effectively?
CySEC is committed to enforcing its regulations, although its penalties can be less strict compared to other regulators like the UK’s FCA or Australia’s ASIC. However, recent years have seen CySEC increase its enforcement, demonstrated by large fines and penalties for non-compliance.
Conclusion
While it may not have the same reputation as some other regulators, CySEC is a solid choice for European traders. It prioritizes clarity, investor safety, and market fairness. With stringent licensing standards and consistent monitoring, CySEC offers traders security in the often-volatile world of forex and CFDs.
For a comprehensive list of top CySEC-regulated trading platforms, visit brokerlistings.com.