Best forex brokers in Cyprus (2026)

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Overview

Updated · Ranking rebuilt from the latest broker ratings

Looking to trade forex from Cyprus? This guide helps you compare regulated platforms that serve local residents. You can check for licensing with the Cyprus Securities and Exchange Commission, review platform quality, costs, instruments like CFDs and forex pairs, funding, and support. You also learn how accounts work, what affects pricing and execution, and common risks. Trading CFDs involves risk. Below, you can explore our curated list and use the side-by-side comparison to find a practical fit for your needs. You get information only; no advice or recommendations. All information on BrokerCatalogue is for general informational purposes and should not be considered financial, legal, or investment advice. We keep it clear and simple—making your choices clear.

Broker of the Month

FOREX.com 10.0
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The Top 10 Forex Brokers

At a glance

#BrokerRatingRegulationFoundedPlatforms
1FOREX.com10/10ASIC, CFTC, FCA2001MT4, MT5, Proprietary
2Interactive Brokers10/10ASIC, CBI, CFTC1977Proprietary
3Plus50010/10ASIC, CFTC, CySEC2008Proprietary
4Swissquote10/10CSSF, DFSA, FCA1996MT4, MT5, Proprietary
5FP Markets9/10ASIC, CMA, CySEC2005cTrader, MT4, MT5
6JustMarkets9/10FSA Seychelles, FSC Mauritius, SVGFSA2012MT4, MT5
7TradeStation9/10CFTC, FCA, NFA1982Proprietary
8Capital.com8.8/10ASIC, CySEC, FCA2016MT4, Proprietary, TradingView
9Tickmill8.7/10CySEC, FCA, FSCA2014MT4, MT5
10Dukascopy Bank8.6/10FINMA, JFSA, Latvijas Banka2004Proprietary
  1. FOREX.com 10.0
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  2. Interactive Brokers 10.0
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  3. Plus500 10.0
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  4. Swissquote 10.0
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  5. FP Markets 9.0
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  6. JustMarkets 9.0
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  7. TradeStation 9.0
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  8. Capital.com 8.8
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  9. Tickmill 8.7
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  10. Dukascopy Bank 8.6
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How We Pick These Brokers

The brokers on this page are chosen and ranked using BrokerCatalogue’s independent review framework. We look at regulation, safety of client funds, trading costs, platforms and tools, execution, and overall fit for this specific use case or region.

Some brokers may be our partners, but no broker can pay to change its score or ranking. Sponsorship can affect visibility (for example, “featured” labels), not how we rate risk or quality.

This page is for information only and is not financial or investment advice. Always do your own research.

See our Affiliate & Advertising Disclosure, Methodology and Risk Disclosure for full details.

Frequently Asked Questions

Forex brokers that serve Cyprus residents must hold authorisation from the national financial regulator and follow local and regional rules. These rules cover capital, conduct, fair marketing, complaint handling, and how client money is kept separate from company funds. Many firms must also offer negative balance protection and take part in an investor compensation scheme. You can check a firm’s status on the regulator’s public register. If something feels off, pause and contact the regulator or the firm’s compliance team for clarity.

Start with regulation and the legal entity that will hold your account. Review the fee schedule, funding options, and any limits or costs for deposits and withdrawals. Test the platform for stability, order types, and charting. Check the available instruments and risk disclosures. Look for clear terms, plain pricing, and responsive support in your language. Read the complaints process and see how the firm handles outages or disputes. You can use a demo account to learn the tools before you place live orders.

Use the Cyprus financial regulator’s public register. Search the legal name, not just the brand. Confirm the license status, approved services, and contact details. Make sure the website domain and client agreement match the authorised entity. Cross-check any warnings on the regulator’s site and on other national registers if the firm serves you from abroad. If you are unsure, contact the regulator or the firm’s compliance team and ask for written confirmation.

Common costs include spreads, commissions, overnight financing, and currency conversion. You may also see account fees such as inactivity or transfer charges. Pricing can change with market conditions and account type. Review the firm’s fee page and legal documents, and look for worked examples that show how costs apply to trade sizes you plan to use. Test execution and pricing on a demo to understand how total costs affect you before you trade live.

Rules require brokers to keep client money in separate bank accounts and maintain records. Many firms offer negative balance protection under local rules. An investor compensation scheme may cover eligible clients if a firm fails, subject to limits and conditions. These measures reduce, but do not remove, risk. Use secure payment methods, keep receipts, and monitor your account activity. If you spot an issue, contact support in writing and follow the firm’s complaints process.

Most firms ask for a photo ID, proof of address, and basic details about your experience and financial situation. You may need to confirm your source of funds and complete a short suitability questionnaire. Submit clear, unaltered copies and make sure your application details match your documents. Processing times vary. You can speed things up by responding quickly to requests and using the same name on your bank account and trading account.

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