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.

FP Markets

FP Markets is an Australian-based broker with regulations in various jurisdictions. In Cyprus, this broker is regulated by the CySEC with license number 371/18 under the name First Prudential Markets Ltd. This broker’s activities are also under the supervision of the ASIC in Australia and the FSCA in South Africa.

Positively, this broker offers traders access to over 10,000 different market products in a variety of asset classes. In particular, investors can trade forex currency pairs, as well as CFDs on indices, metals, stocks, commodities, ETFs, cryptocurrencies, and bonds. The option to diversify a portfolio under a single broker site is a highly appealing feature. The broker provides access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, TradingView, Iress, and cTrader, catering to different trading preferences.

On another note, FP Markets offers competitive spreads to maximise trading profits. Their Standard account features spreads as low as 1.0 pip on major currency pairs with no commission. In contrast, the Raw account offers spreads from 0.0 pips, but a $3 commission per side per lot applies.

70.25% of retail CFD accounts lose money

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.

75.8% of retail CFD accounts lose money

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, and both the CFTC and NFA in the US, among others.

For traders in the US, this broker avails forex, futures and futures options to invest in. In contrast, traders outside the US can trade CFDs on forex, stocks, indices, cryptocurrencies, commodities, and precious metals. In total, there are over 5,500 different market products available to trade. To trade these products, the broker avails MetaTrader 4, MetaTrader 5, TradingView, and Forex.com Trader.

Further, this trading site has some of the lowest spreads available anywhere. The Standard account offers competitive spreads starting from 0.8 pips, while the MetaTrader account provides spreads from 1.0 pip. Both accounts are commission-free. Meanwhile, the Raw account offers spreads from 0.0 pips, but a fixed commission of $5 per $100,000 traded applies.

77.0% 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 a diverse range of trading instruments, including CFDs on forex, commodities, cryptocurrencies, indices, stocks, and ETFs. This variety empowers traders to build diversified portfolios. To access these markets, XTB provides user-friendly platforms, including the flagship xStation 5, available on both desktop and mobile devices.

XTB provides competitive pricing for its trading services. The Standard account offers spreads as low as 0.5 pips on major currency pairs without any commission charges. For traders seeking swap-free trading, the Swap-Free account is available with slightly higher spreads starting at 0.7 pips.

77% of retail investor accounts lose money when trading CFDs with this provider.

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.

51% 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 ASIC and the FSC in Belize. Today, XM is regarded as one of the best brokers available having amassed over 5 million clients worldwide.

Positively, XM.com boasts a vast selection of over 1,000 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. Spreads start as low as 1.0 pips on the Standard and Micro accounts for major currencies, with no commission fees. For traders looking for tighter spreads, the XM Ultra Low account offers spreads starting at just 0.6 pips, also with no commission fees.

73.91% of retail investor accounts lose money when trading CFDs with this provider.

HFM

HF Markets, formerly HotForex, is regulated by the CySEC with the license number 183/12 under the name HF Markets (Europe) Ltd. Additionally, HFM is under the regulation of the FCA in the UK, the DFSA in the DIFC, the FSCA in South Africa, and the CMA in Kenya. Multiple regulatory licenses are always a good sign on a broker site.

Similar to the other brokers mentioned, HFM offers its traders access to a vast array of investment instruments. In total, there are over 1,000 different market instruments available to trade. These include CFDs on forex, commodities, bonds, ETFs, metals, energies, indices, stocks, and cryptocurrencies. Traders can access these markets through popular platforms like MT4, MT5, and the HFM platform.

Finally, HFM offers a range of account types to cater to diverse trading preferences. The Premium and Cent accounts provide competitive spreads starting from 1.2 pips. Meanwhile, the Pro accounts offer spreads starting from 0.5 pips for major currency pairs. The Pro-Plus accounts provide even tighter spreads, beginning at 0.2 pips. Those four accounts do not feature a commission. For traders seeking the lowest possible spreads, the Zero account provides spreads from 0.0 pips but incurs a commission of $3 per side per lot.

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.