10 Best CySEC Regulated Forex Brokers for 2025
We rigorously test brokers on real accounts and evaluate them using our methodology. Here are the top 10 CySEC Forex brokers based on our analysis:
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FP Markets - Best CySEC regulated broker - Robust regulation, serious fund protection plus segregated accounts in AA banks. Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server. Rich selection of trading platforms. - 2
Eightcap - Support for popular platforms MT4, MT5, and integration with TradingView. Over 800 trading instruments, including 160+ cryptocurrency CFDs. Regulated by ASIC, FCA, CySEC, and SCB. - 3
easyMarkets - Regulated in many jurisdictions. Unique risk management tools (dealCancellation, Freeze Rate). Access to various trading platforms. - 4
Libertex - Tight spreads and attractive trading conditions. Wide selection of trading assets. Rich selection of educational materials and analytics. - 5FxPro EU - A wide selection of trading accounts. Various trading platforms. A diverse range of available markets and products.
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FBS EU - Low spreads and trading fees. Extensive database of educational materials and analytical tools. Wide range of trading assets. - 9
XM - Wide range of trading assets. Extensive educational resources. Tight spreads on the Ultra Low account. - 10
HF Markets EU - Wide selection of trading assets. A variety of educational materials and analytical reviews. Customer support is available in many languages.
The regulated Forex market guarantees high levels of trust and security, offering traders a reliable trading environment. This list of top CySEC-regulated Forex brokers is created to help you find the best trading platforms for 2025, making your decision-making process easier.
Best CySEC Regulated Forex Brokers of 2025
1. FP Markets
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
2. Eightcap
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
3. easyMarkets
easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.
Pros and Cons of easyMarkets
Pros
- Regulated in many jurisdictions.
- Unique risk management tools (dealCancellation, Freeze Rate).
- Access to various trading platforms.
- Minimum deposit from 25 USD, convenient for beginners.
- A wide range of deposit and withdrawal methods, including cryptocurrencies.
- Strong analytics (Daily Pitch, AI reviews, trading signals).
- Competent support with many contact channels.
Cons
- High swaps compared to competitors.
- No cent accounts or passive trading services (PAMM, copy trading).
- Average number of CFD instruments, behind market leaders.
4. Libertex
Libertex is an established broker offering various trading instruments and educational resources. With zero commission on deposits and various analytical tools, this broker can appeal to novice and experienced traders.
Pros and Cons of Libertex
Pros
- Tight spreads and attractive trading conditions.
- Wide selection of trading assets.
- Rich selection of educational materials and analytics.
Cons
- High swaps and inactivity fee.
5. FxPro
FxPro EU provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. The company offers extensive educational materials and analytical tools to aid in decision-making.
This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro EU
Pros
- A wide selection of trading accounts.
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
6. Exness
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
7. Admirals
Admirals EU is suitable for a broad spectrum of traders. With its strict regulation, various account types, and a competent set of educational and analytical materials, this broker provides high-quality services for novice and experienced traders.
Beginners seeking detailed educational resources and support will undoubtedly appreciate this broker. Experienced traders will also find it beneficial due to competitive trading commissions, abundant tools for analysis and trading, and the convenience of the depositing and withdrawal process.
Pros and Cons of Admirals EU
Pros
- Low trading fees.
- Wide range of payment methods.
- Extensive analytical resources.
- A rich collection of educational materials.
Cons
- Inactivity fee.
- Some users complain about the intrusiveness of the support service.
8. FBS
FBS Europe emerges as a broker well-suited for traders seeking a reliable and secure trading environment complemented by competitive trading conditions. With its robust regulatory framework, comprehensive educational resources, and multilingual support, FBS appeals to novice and experienced traders who prioritize learning and support in their trading journey.
FBS stands out for its commitment to providing a user-friendly and supportive trading experience, making it a solid choice for traders focused on forex and major financial instruments.
Pros and Cons of FBS EU
Pros
- Low spreads and trading fees.
- Extensive database of educational materials and analytical tools.
- Wide range of trading assets.
Cons
- Limited choice of trading accounts.
- Limited trading platforms.
9. XM
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
10. HF Markets
HF Markets Europe is a reliable and appealing Forex broker, offering a wide selection of trading assets, a variety of account types, and access to the popular trading platforms MetaTrader 4 and MetaTrader 5. With its regulation and industry experience, the company has earned a reputation as a dependable partner for European traders of varying experience levels.
HF Markets is recommended for those seeking a trustworthy and vetted broker with favorable trading conditions and customer support.
Pros and Cons of HF Markets EU
Pros
- Wide selection of trading assets.
- A variety of educational materials and analytical reviews.
- Customer support is available in many languages.
Cons
- There is no alternative to MetaTrader.
- High swaps and wide spreads.
Forex Trading Regulation in Cyprus
Forex trading in Cyprus is governed by stringent regulatory frameworks designed to protect traders and ensure market integrity. The primary regulatory body overseeing Forex trading in Cyprus is the Cyprus Securities and Exchange Commission (CySEC), which plays a crucial role in maintaining high standards in the financial markets.
Check out our guide to the best Forex brokers in Cyprus.
MiFID II and Consumer Protection
The Markets in Financial Instruments Directive II (MiFID II), implemented in 2018, introduced significant reforms to enhance transparency, improve investor protection, and increase market efficiency across the European Union. This legislation requires Forex brokers to adhere to strict standards, reducing the risk of fraud and safeguarding consumer interests.
The Role of CySEC
CySEC is the main regulatory authority in Cyprus that enforces MiFID II. CySEC is responsible for licensing and supervising investment firms to ensure they comply with European regulations. All Forex brokers operating in Cyprus must register with CySEC and adhere to its regulatory standards, which include maintaining sufficient capital, implementing robust risk management practices, and ensuring transparency in operations.
Requirements and Restrictions for CySEC-Regulated Brokers
Top CySEC-regulated Forex brokers must meet several stringent requirements and abide by specific restrictions to protect traders and ensure market stability:
Capital Requirements: Brokers must maintain a minimum net capital to meet their financial obligations and protect clients from broker insolvency. This requirement varies depending on the services offered by the broker.
Leverage Restrictions: Leverage is limited to a maximum of 30:1 for major currency pairs and lower for minor pairs and commodities. This limitation aims to reduce the risk of significant losses for traders and promote responsible trading.
Negative Balance Protection: Brokers must provide negative balance protection, ensuring that traders cannot lose more than their initial investment. This rule is designed to prevent traders from incurring excessive losses and facing financial hardship.
Registration with CySEC: All Forex brokers must be registered with CySEC to ensure they comply with regulatory standards and are subject to regular oversight. This registration enhances the credibility of brokers and protects traders from fraudulent activities.
Ensuring Fund Security: Brokers are required to segregate client funds from their operational funds. This segregation protects client funds from being used for other purposes, providing an additional layer of security.
Investor Compensation Fund (ICF): CySEC-regulated brokers must participate in the ICF, which compensates clients in case of broker insolvency, further enhancing the protection of traders' funds.
How to Check if a Forex Broker is Regulated by CySEC?
To verify if a Forex brokerage is regulated by CySEC, follow these steps:
Go to CySEC's official website.
Navigate to the "Public Register" section, which lists all entities regulated by CySEC.
Enter the broker's name or license number in the search bar to view their registration status and regulatory history.
Check the broker's registration details, including their compliance history and any disciplinary actions taken against them.
Ensure that the broker prominently displays their CySEC license number on their website and cross-check this information with the details on CySEC's website.
Benefits of Trading with CySEC Licensed Brokers
Trading with a CySEC-regulated broker provides several benefits:
Investor Compensation Fund (ICF): Protection of client funds up to €20,000 in case of broker insolvency.
Strict Compliance: Brokers must adhere to strict regulatory standards, including maintaining sufficient capital and providing transparent operations.
Regular Audits: CySEC conducts regular audits to ensure brokers comply with the regulations and maintain fair trading practices.
Negative Balance Protection: Ensures that traders cannot lose more than their initial investment, protecting them from significant losses.
By following these steps and understanding the benefits, traders can ensure they are engaging with reputable and secure Forex brokers regulated by CySEC.
How We Compiled the List of the Top CySEC Regulated Forex Brokers
The selection of the top Forex brokers regulated by CySEC was based on well-balanced criteria:
The ranking of brokers is done considering our comprehensive Forex brokers list, which evaluates multiple aspects of each broker's offerings and performance.
The best brokers received high scores according to our methodology. This methodology includes assessing factors such as regulatory compliance, trading conditions, platform usability, customer support, and overall reputation.
All the listed companies are regulated by the Cyprus Securities and Exchange Commission (CySEC). This ensures that traders have access to brokers that comply with stringent European regulatory standards and provide a secure trading environment.
These standards ensure that our list of Forex brokers meets stringent reliability criteria and offers the trading conditions necessary for safe and effective Forex market operations. By adhering to these criteria, we aim to provide traders with trustworthy options for their Forex trading needs in Europe.
FAQ
What is CySEC Regulation?
CySEC Regulation refers to the oversight and regulatory framework provided by the Cyprus Securities and Exchange Commission (CySEC). Established in 2001, CySEC is responsible for supervising and regulating the financial markets in Cyprus, ensuring transparency, integrity, and investor protection. As a member of the European Union, CySEC operates under the MiFID II (Markets in Financial Instruments Directive II) framework, allowing brokers licensed by CySEC to offer services across the EU.
Is CySEC a Reliable Regulator?
Yes, CySEC is considered a reliable regulator. It adheres to stringent European Union regulations under MiFID II, ensuring high standards of financial transparency, integrity, and investor protection. While CySEC has faced criticism in the past, it has significantly strengthened its regulatory framework and enforcement measures in recent years, making it a trusted authority in the financial industry.
What Protections Do CySEC-Regulated Forex Brokers Offer?
CySEC-regulated brokers offer several protections to clients, including:
Segregation of Client Funds: Client funds are kept separate from the broker’s operational funds, ensuring they are protected in case of broker insolvency.
Investor Compensation Fund (ICF): Provides compensation of up to €20,000 per client if the broker fails to fulfill its obligations.
Regular Audits and Supervision: Continuous monitoring and auditing of brokers to ensure compliance with regulatory standards.
Negative Balance Protection: Ensures clients cannot lose more than their initial investment.
Can I Trade Crypto with CySEC Brokers?
Yes, many CySEC brokers offer cryptocurrency trading. These brokers provide access to various digital currencies such as Bitcoin, Ethereum, and others, allowing traders to diversify their portfolios and take advantage of the growing crypto market. However, it's important to verify if the specific broker you are interested in offers this service.
What is the Investor Compensation Fund (ICF)?
The Investor Compensation Fund (ICF) is a scheme established by CySEC to protect retail clients of CySEC-regulated brokers. If a broker fails to meet its financial obligations, the ICF compensates clients up to a maximum of €20,000. This fund ensures that investors' assets are protected, providing an additional layer of security and trust.
Which CySEC Forex Broker is Best for Beginners?
For beginners, brokers like XM and FBS are highly recommended. These brokers offer extensive educational resources, user-friendly platforms, and demo accounts to help new traders get started. They also provide excellent customer support and competitive trading conditions, making them suitable for novice traders.
What are Typical Trading Costs with Forex Brokers Regulated by CySEC?
Typical trading costs with CySEC-regulated brokers include:
Spreads: The difference between the bid and ask price, can vary depending on the broker and the currency pair.
Commissions: Some brokers charge a commission per trade, especially on ECN accounts.
Swap Fees: Fees for holding positions overnight.
Deposit/Withdrawal Fees: Some brokers may charge for deposits and withdrawals, though many offer free transactions.
Inactivity Fees: Charges applied if an account is inactive for a specified period.
These costs can vary widely, so it's important to review the fee structure of each broker before opening an account.
