Best CySEC Regulated Forex Brokers for 2025
Identifying the Best CySEC Regulated Forex Brokers in such a competitive industry can be challenging, which is why the FX Trust Score team carried out detailed independent research on behalf of our readers. We examined a wide range of Cyprus-based brokers, assessing each one against strict criteria to determine those that stand out for reliability, regulation and trading quality.
Choosing a forex broker licensed by the Cyprus Securities and Exchange Commission (CySEC) provides traders with an added layer of confidence. CySEC’s framework ensures that client funds are held securely and that brokers operate transparently under European financial law.
Established in 2001, CySEC regulates investment services, securities trading, and collective investment schemes within Cyprus. Its primary goal is to maintain fair and efficient financial markets while protecting investors through firm oversight and continuous supervision of regulated entities.
You can explore our rankings below to discover which brokers have made it into the Top 5 CySEC Regulated Forex Brokers for 2025.
Overview of CySEC Regulated Forex Brokers
Exness
Rating: 4.62 / 5
Broker Name: Exness
Established: 2008
Cyprus Office: Limassol
Minimum Deposit: $10
Accepts EU Clients: Yes
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Low minimum deposit
✅ Strong fund security
❌ Higher than average leverage
FXCM
Rating: 4.42 / 5
Established: 1999
Cyprus Office: Nicosia
Minimum Deposit: $50
Accepts EU Clients: Yes
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Excellent choice of platforms
✅ Comprehensive trading tools
❌ No MT5 Offered
HF Markets
Rating: 4.27 / 5
Broker Name: HF Markets
Established: 2010
Cyprus Office: Larnaca
Minimum Deposit: $5
Accepts EU Clients: Yes
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Strong copy trading platform
✅ Good educational resources
❌ Higher than average fees
Pepperstone
Rating: 4.2 / 5
Broker Name: Pepperstone
Established: 2010
Cyprus Office: Limassol
Minimum Deposit: $0
Accepts EU Clients: Yes
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Extensive range of trading tools
✅ Good choice of trading platforms
❌ High trading fees
XM
Rating: 4 / 5
Broker Name: XM
Established: 2009
Cyprus Office: Limassol
Minimum Deposit: $5
Accepts EU Clients: Yes
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Covers all bank withdrawal fees
✅ Good educational resources
❌ No proprietary platform
FX Trust Score Comparison of CySEC Regulated Forex Brokers
| Broker | CySEC Regulation | Cyprus Office | Trading Platforms | Average EUR/USD Spread | Customer Support | FX Trust Score |
| Exness | Licence number: 178/12 | Porto Bello, 1 Siafi Street, Office 401, 3042, Limassol | MT4, MT5, Exness Terminal | 0.6 pips | 24/7 | |
| Score | 10 | 10 | 8 | 7 | 10 | 9.25/10 |
| FXCM | Licence number: 392/20 | 33 Neas Engomis Street, 2409, Engomi, Nicosia | Trading Station, ZuluTrade, Capitalise AI, TradingView, MT4 | 1.1 pips | 24/5 | |
| Score | 10 | 10 | 10 | 5 | 8 | 8.85/10 |
| HF Markets | Licence number: 183/12 | Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, 6057, Larnaca | HFCopy, MT4, MT5 | 0.8 pips | 24/5 | |
| Score | 10 | 10 | 7 | 6 | 8 | 8.55/10 |
| Pepperstone | Licence number: 388/20 | 95, Makarios III Avenue, Neocleous House, 3030, Limassol | TradingView, cTrader, MT4, MT5 | 1.1 pips | 24/5 | |
| Score | 10 | 10 | 7 | 5 | 8 | 8.40/10 |
| XM | Licence number: 120/10 | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042, Limassol | MT4, MT5 | 1.7 pips | 24/5 | |
| Score | 10 | 10 | 6 | 4 | 8 | 8.10/10 |
The FXTS Verdict – Which are the Best CySEC Regulated Forex Brokers?
Our evaluation of CySEC-regulated brokers for 2025 considered a wide range of performance factors, including the quality of trading platforms, customer service hours, average EUR/USD spreads, and overall trading conditions. Each shortlisted broker was verified for its official CySEC licence number and local office presence in Cyprus.
Among the top performers, Exness and FXCM continue to lead the way as standout CySEC-regulated brokers, thanks to their long-standing reputations and strong operational bases on the island. However, all five brokers highlighted in our list provide distinct advantages for traders, whether through advanced trading tools, robust educational resources or flexible account types.
When comparing CySEC brokers, the key lies in matching their specific offerings with your individual trading goals. Take the time to review their platforms, leverage options, and fee structures before choosing the broker that best supports your trading strategy.
CySEC’s Role in Forex Broker Oversight
The Cyprus Securities and Exchange Commission (CySEC) is a leading regulatory body responsible for supervising investment firms and financial services in Cyprus. Headquartered in Nicosia, CySEC operates independently, overseeing the Cyprus Stock Exchange and maintaining a robust legal framework for market participants.
CySEC has the authority to issue, suspend, or revoke licences for forex brokers and investment firms operating within its jurisdiction. To remain compliant, CySEC-regulated brokers must adhere to strict rules on capital adequacy, client fund segregation and transparent reporting.
As part of its investor protection mandate, CySEC frequently issues warnings about unauthorised brokers, online scams, and misleading promotions by financial influencers. Its continued efforts reinforce Cyprus’s reputation as one of Europe’s most trusted and secure hubs for regulated forex trading.
FAQs
CySEC, or the Cyprus Securities and Exchange Commission, is the financial regulatory authority in Cyprus, overseeing the investment services market and transactions in transferable securities carried out in the country. A CySEC licence is crucial because it ensures the broker complies with EU financial regulations, providing traders with a level of financial security and operational transparency.
You can verify a broker’s CySEC licence by checking their registration number on the official CySEC website, where they maintain a list of all regulated entities. Legitimate brokers typically display their CySEC licence number prominently on their website.
Benefits include the security of funds through adherence to stringent regulatory requirements, participation in the Investor Compensation Fund (ICF) which protects investors’ funds up to a certain limit in case of broker insolvency, and adherence to fair trading practices.
Consider the range of trading instruments offered, the competitiveness of spreads and fees, the quality of customer support, the trading platform options (such as MetaTrader 4/5 availability), and additional features like educational resources, trading tools, and market analysis.
CySEC enforces regulations through regular audits, on-site inspections, and reviews of brokers’ operations. In case of disputes, traders can file a complaint directly to CySEC, which will then investigate the matter. CySEC also works closely with other national regulatory bodies within the EU to ensure cross-border regulatory adherence.
Yes, CySEC regulations influence trading conditions such as leverage limits (which are capped to protect retail traders), mandatory negative balance protection (ensuring traders cannot lose more money than they have deposited), and strict guidelines on marketing and promotional offers to ensure they are not misleading.
Publication date:
31/05/2024
Author: FX Trust Score
Last updated on October 10, 2025
