CySEC Regulated Brokers - List
The CySEC is one of the most respected financial regulators in the world today. Based in Cyprus, this regulator enforces strict laws that its licensed brokers must follow and adheres to EU financial regulations. Its role in keeping the markets safe and fair cannot be overstated. As such, brokers that hold regulatory licenses from this organisation are held in high regard by traders.
While regulation doesn't guarantee profitability, it does offer a layer of protection and fund security for traders. Understandably, traders highly seek CySEC-regulated brokers for their credibility, transparency, and commitment to protecting client funds. In this review, we are going to look at some of the best CySEC regulated brokers in the world. We will specifically explore their features, benefits, and why they stand out in the crowded brokerage market. We will also provide a list of other CySEC regulated brokers for your benefit.
Understanding CySEC Regulation
Before delving into specific brokers, it's crucial to understand the significance of the CySEC’s regulation. CySEC stands for the Cyprus Securities and Exchange Commission, a regulatory body established in 2001. CySEC operates under the European Union’s Markets in Financial Instruments Directive (MiFID), which standardizes regulation across EU member states. As a result, brokers regulated by CySEC adhere to stringent guidelines. These include the segregation of client funds, offering negative balance protection, and maintaining transparency in their operations.
Key Benefits of Trading With a CySEC-Regulated Broker
- Investor Protection - CySEC-regulated brokers are required to maintain adequate capital reserves, segregate client funds, and adhere to strict reporting requirements.
- Supervision - The commission monitors broker activities to ensure compliance with regulations and protect investor interests.
- Compensation Scheme - In case of broker insolvency, the Investor Compensation Fund (ICF) may provide compensation to affected clients, up to a certain limit.
For these benefits and more, CySEC-regulated brokers are popular among European traders and beyond. Unfortunately, there are brokers that claim to be regulated by the CySEC when they are not just to attract unsuspecting investors. To combat this, the CySEC provides a full list of all the entities under its regulation. This way, traders can simply look up a broker to see if it is on the CySEC’s list of regulated entities.
With that said, let’s now take a look at some of the best CySEC regulated brokers.
Pepperstone
Pepperstone is a leading forex and CFD broker regulated by the CySEC with license number 388/20 under the Pepperstone EU Limited entity. Additionally, this broker is regulated by the FCA in the UK, the ASIC in Australia, the BaFin in Germany, and the CMA in Kenya, among others. While regulations alone are not enough, it is refreshing when a broker has licenses from several well-regarded organisations.
In terms of market products, this broker avails over 1,200 different assets. These include CFDs on forex, cryptocurrencies, indices, stocks, commodities, and ETFs. As such, traders can spread their risk of investment across various markets. The trading platforms available to use include MetaTrader 4, MetaTrader 5, cTrader, Pepperstone Trading Platform, and TradingView.
Further, the spreads are competitively low on this broker site on both its accounts. Its standard account provides spreads as low as 1.0 pips on major currency pairs with no commission. On the other hand, the razor account offers ultra-low spreads starting from 0.0 pips. However, a commission applies, which varies based on the trading platform. MetaTrader 4, MetaTrader 5, TradingView, and Pepperstone Trading Platform charge $3.5 per side per lot, while cTrader has a slightly lower commission of $3 per side per lot.
73.7% of retail CFD accounts lose money
eToro
eToro is another reputable broker with regulations from a variety of organisations. For starters, the European entity of this broker, Etoro (Europe) Ltd, is under the regulation of the CySEC with license number 109/10. On top of that, the broker is under the regulation of the FCA in the UK, the ASIC in Australia, and the FINRA in the USA, among others.
On a positive note, eToro offers a diverse range of investment options. Specifically, investors can trade CFDs on forex, cryptocurrencies, stocks, commodities, ETFs, and indices, or they can buy real stocks and cryptocurrencies. The platform provides competitive spreads, starting at 1.0 pip for major currency pairs, without charging commissions. The available trading platform is the eToro platform, renowned for its proprietary CopyTrader technology.
52% of retail investor accounts lose money when trading CFDs with this provider.
XTB
XTB is a forex and CFDs broker with over 20 years in the market with offices in over 13 countries. In Cyprus, XTB LTD is under the regulation of the CySEC with license number 169/12. Additionally, this broker is regulated by the FCA, the KNF, and the FSC. This regulatory oversight means that the activities of this broker are under the scrutiny of some of the top financial watchdogs in the world.
XTB offers access to over 11,500 market instruments, including CFDs on forex, commodities, cryptocurrencies, indices, stocks, and ETFs, as well as real stocks and ETFs. This broad selection enables traders to build well-diversified portfolios.
To access these markets, XTB provides a user-friendly trading platform, its flagship xStation 5, available on both desktop and mobile devices. The broker also offers competitive, straightforward pricing with a single account type, featuring spreads from as low as 0.8 pips on major currency pairs and no commission fees.
69-80% of retail investor accounts lose money when trading CFDs with this provider.
Plus500
Plus500 is a globally recognised CFD broker regulated by the CySEC under the entity Plus500CY Ltd with license number 250/14. The broker is also regulated by other respected authorities, including the FCA, the ASIC, the DFSA, and the MAS in Singapore, just to name a few. This multi-jurisdictional regulation enhances its reputation for safety and transparency, making it one of the most trusted CFD brokers worldwide.
Plus500 offers a wide range of instruments across various asset classes. Specifically, clients have access to CFDs on forex, indices, commodities, shares, options, ETFs, and cryptocurrencies. This diverse selection allows traders to explore multiple markets under one trading account. The platform available to traders is the intuitive Plus500 trading platform.
In terms of trading conditions, Plus500 provides competitive dynamic spreads that depend on the asset and market conditions. At the time of writing this, the EURUSD spread is currently around 0.8 pips. Importantly, the broker charges no commission fees, making its fee structure straightforward.
80% of retail investor accounts lose money when trading CFDs with this provider.
XM
XM is aptly regulated by the CySEC in Cyprus under the name Trading Point of Financial Instruments with license number 169/12. Further, this broker has regulations from other institutions including the DFSA and the FSC in Belize. Today, XM is regarded as one of the best brokers available having amassed over 15 million clients worldwide.
Positively, XM.com boasts a vast selection of over 1,400 tradable instruments. These include CFDs on forex, stocks, indices, energies, precious metals, and cryptocurrencies. This allows investors to trade in more than one market on the same account. Additionally, XM provides a variety of trading platforms to suit different preferences. These include MetaTrader 4, MetaTrader 5, and their very own XM Trading Point App.
The trading costs on this platform are competitive and align with market standards. Under its CySEC license, which covers traders across European Economic Area countries, XM offers two distinct account types. The Ultra Low account is designed for traders who want tight spreads without any commission, with spreads starting from 0.8 pips. For those who prefer even tighter pricing and don't mind a small commission per trade, the Zero account brings spreads all the way down to 0.0 pips with low, transparent commission fees.
74.3% of retail investor accounts lose money when trading CFDs with this provider.
Tickmill
Tickmill is a globally recognised broker known for its tight spreads and transparent pricing. The broker is regulated by the CySEC under Tickmill Europe Ltd with license number 278/15. Tickmill also operates under the oversight of other regulators, including the FCA, the DFSA, and the FSCA, among others.
Tickmill provides access to a wide range of markets, enabling traders to diversify their portfolios. Its available instruments include CFDs on forex, indices, stocks, commodities, bonds, metals, and cryptocurrencies. The broker’s trading platforms include MetaTrader 4, MetaTrader 5, TradingView, and its own Tickmill Trader.
In terms of trading conditions, Tickmill is known for its exceptionally low trading costs and fast execution speeds. The Classic account offers spreads starting from 1.6 pips with no commission. The spreads are even lower on Tickmill’s two Raw Spread accounts, from 0.0 pips plus a commission depending on the platform. The Raw account has a commission of $3 per side per lot, while the Tickmill Trader Raw account features a commission of $3.5 per side per lot.
72-73% of retail investor accounts lose money when trading CFDs with this provider.
Plus500
Plus500 is a globally recognised CFD broker regulated by the CySEC under the entity Plus500CY Ltd with license number 250/14. The broker is also regulated by other respected authorities, including the FCA, the ASIC, the DFSA, and the MAS in Singapore, just to name a few. This multi-jurisdictional regulation enhances its reputation for safety and transparency, making it one of the most trusted CFD brokers worldwide.
Plus500 offers a wide range of instruments across various asset classes. Specifically, clients have access to CFDs on forex, indices, commodities, shares, options, ETFs, and cryptocurrencies. This diverse selection allows traders to explore multiple markets under one trading account. The platform available to traders is the intuitive Plus500 trading platform.
In terms of trading conditions, Plus500 provides competitive dynamic spreads that depend on the asset and market conditions. At the time of writing this, the EURUSD spread is currently around 0.8 pips. Importantly, the broker charges no commission fees, making its fee structure straightforward.
80% of retail investor accounts lose money when trading CFDs with this provider.
Forex.com
Next up is Forex.com, one of the most heavily regulated brokers in the world. Its parent company, StoneX, holds a regulatory license from the CySEC with the license number 400/21. Additionally, it has regulations from the FCA in the UK, the ASIC in Australia, among others.
The broker offers access to over 7,000 market instruments from CFDs on forex, stocks, indices, cryptocurrencies, commodities, to precious metals. To trade these products, the broker avails MetaTrader 5, TradingView, and Forex.com Trader.
Additionally, Forex.com offers some of the lowest spreads in the market. Both the Standard and MT5 accounts feature competitive variable spreads starting from 0.8 pips. Meanwhile, the Raw account provides spreads from 0.0 pips, with a fixed commission of $5 per $100,000 traded.
75% of retail investor accounts lose money when trading CFDs with this provider.
List of CySEC Regulated Brokers
The brokers above are just a few of the standout CySEC regulated brokers in the world. While they stand out for their quality features, there are a plethora of other brokers under this organization’s regulation. There are currently 248 different firms under the regulation of the CySEC. These among others include:
- Admirals Europe Ltd (ex Admiral Markets Cyprus Ltd)
- ALMA EUROPE LTD
- Amana Capital Ltd (ex Amana Capital (Cyprus) Ltd)
- APME FX TRADING EUROPE LTD
- CAPITAL COM SV INVESTMENTS LTD
- CEX MARKETS LTD (ex CEX.IO MARKETS LTD)
- Easy Forex Trading Limited
- Eight Plus Capital Ltd (ex Acier FX Ltd) (ex ARGUSFX LTD)
- Eightcap EU Ltd (ex R CAPITAL SOLUTIONS LTD)
- EQUITI GLOBAL MARKETS LTD
- Etoro (Europe) Limited (ex RetailFX Ltd)
- EUROTRADE INVESTMENTS RGB LTD
- Exness (Cy) Limited
- FIBO MARKETS LIMITED (ex FIBO Group Holdings Ltd)
- FIRST PRUDENTIAL MARKETS LTD
- FOREX TB LTD
- FORTRADE CYPRUS LTD
- FP ASSET MANAGEMENT CYPRUS LTD
- FX Central Clearing Ltd
- FXOPEN EU Ltd (ex AMB PRIME LTD)
- FXPRO Financial Services Ltd (ex Euroorient Securities and Financial Services Ltd)
- GO MARKETS LTD (ex GALACTUS LTD)
- Growell Capital Ltd
- GT INVESTMENT SERVICES LTD (ex TEC INTERNATIONAL (CYPRUS) LIMITED)
- HF Markets (Europe) Ltd
- IC MARKETS (EU) LTD
- ICFD LIMITED (ex iFOREX (Cyprus) Ltd)
- IQOPTION EUROPE LTD (ex INVESTLAB HOLDINGS LTD)
- JFD GROUP LTD (ex JFD Brokers Ltd)
- JUSTMARKETS LTD (ex JUSTFOREX LTD)
- LIME TRADING (CY) LTD (ex JUST2TRADE ONLINE LTD) (ex CLICK2TRADE INVESTMENT GROUP LTD)
- LITEFOREX (EUROPE) LTD (ex Mayzus Investment Company Ltd)
- LMAX BROKER EUROPE LIMITED (ex. CB CAPITAL BUSINESS LTD)
- MERBA LIMITED (ex. XTRADE EUROPE LTD) (ex XFR Financial Ltd)
- MEX EUROPE LTD
- MEXEM LTD
- MITRADE EU LIMITED
- NBI Investments Limited
- Notesco Financial Services Limited (ex IronFX Global Limited)
- OCTA MARKETS CYPRUS LTD (ex OCTAFX EUROPE LTD)
- Omega Funds Investment Ltd
- One Plus Capital Ltd
- ORBEX Ltd (ex AFB FX Ltd)
- PELICAN EXCHANGE EUROPE (CY) LTD
- PEPPERSTONE EU LIMITED
- Plus500CY Limited
- Primus Global Ltd (ex FX PRIMUS EUROPE (CY) LTD)
- ROBOMARKETS LTD (ex Roboforex (Cy) Ltd )
- ROYAL FINANCIAL TRADING (CY) LTD
- Skilling Limited (ex FINOVEL CYPRUS LTD)
- STAK SECURITIES LTD (ex STAK FX LTD)
- STONEX EUROPE LTD (ex GAIN CAPITAL EUROPE LIMITED)
- STRATOS EUROPE LIMITED (ex FXCM EU LTD)
- SWISSQUOTE CAPITAL MARKETS LIMITED
- TF Global Markets (Europe) Ltd (ex A-Conversio Capital Ltd)
- The Cyprus Investment and Securities Corporation Ltd
- Tickmill Europe Ltd (ex VIPRO MARKETS LTD)
- TOPFX Ltd
- TRADESTONE LIMITED
- TRADING 212 MARKETS LTD
- Trading Point Of Financial Instruments Ltd
- TRADING.COM MARKETS EU LIMITED (ex Trading Point Asset Management Limited)
- UBK Markets Ltd
- VIVERNO MARKETS LTD (ex BDSwiss Holding Ltd)
- Windsor Brokers Ltd
- XTB LIMITED (ex DUB Investments Ltd)
- AMP Global Ltd (ex AMP Global Clearing Ltd) (ex. AMP GLOBAL CLEARING HOLDING LTD)
- Goldenburg Group Limited
- IFCM CYPRUS LIMITED (ex Infin Markets Ltd)
- ROYAL FOREX LIMITED
Closing Remarks
The CySEC is a respected financial regulator that enforces strict guidelines on its licensed brokers. These regulations help protect investors by ensuring the segregation of client funds, adherence to reporting requirements, and offering negative balance protection. As such, trading with a CySEC-regulated broker offers a significant level of security and trust for traders. This review explored some of the top CySEC-regulated brokers, highlighting their features and benefits.
The brokers we highlighted exemplify the quality and reliability that come with CySEC regulation. While these brokers stand out for their features and services, remember this is not an exhaustive list, and the CySEC website provides a full list of all regulated entities. When choosing a CySEC-regulated broker, consider factors like the instruments offered, trading platforms available, and the spreads and commissions. By conducting thorough research and comparing different brokers, you can find the one that best suits your trading needs and goals.
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