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IC Markets logoIC Markets - spread from 0.0 · min $200 · ★ 4.8Pepperstone logoPepperstone - spread from 0.1 · min $0 · ★ 4.7CMC Markets logoCMC Markets - spread from 0.3 · min $0 · ★ 4.7FP Markets logoFP Markets - spread from 0.0 · min $100 · ★ 4.6Tickmill logoTickmill - spread from 0.0 · min $100 · ★ 4.6XTB logoXTB - spread from 0.5 · min $0 · ★ 4.6OANDA logoOANDA - spread from 0.4 · min $0 · ★ 4.5FxPro logoFxPro - spread from 0.3 · min $100 · ★ 4.5AvaTrade logoAvaTrade - spread from 0.9 · min $100 · ★ 4.4eToro logoeToro - spread from 1.0 · min $50 · ★ 4.4Plus500 logoPlus500 - spread from 0.6 · min $100 · ★ 4.3XM logoXM - spread from 0.6 · min $5 · ★ 4.2IC Markets logoIC Markets - spread from 0.0 · min $200 · ★ 4.8Pepperstone logoPepperstone - spread from 0.1 · min $0 · ★ 4.7CMC Markets logoCMC Markets - spread from 0.3 · min $0 · ★ 4.7FP Markets logoFP Markets - spread from 0.0 · min $100 · ★ 4.6Tickmill logoTickmill - spread from 0.0 · min $100 · ★ 4.6XTB logoXTB - spread from 0.5 · min $0 · ★ 4.6OANDA logoOANDA - spread from 0.4 · min $0 · ★ 4.5FxPro logoFxPro - spread from 0.3 · min $100 · ★ 4.5AvaTrade logoAvaTrade - spread from 0.9 · min $100 · ★ 4.4eToro logoeToro - spread from 1.0 · min $50 · ★ 4.4Plus500 logoPlus500 - spread from 0.6 · min $100 · ★ 4.3XM logoXM - spread from 0.6 · min $5 · ★ 4.2
BrokaBoy/Regulators/CySEC
Cyprus Securities & Exchange Commission logo

CySEC

Cyprus Securities & Exchange Commission

Cyprus · EU

Tier 2 - strong

What the CySEC does

CySEC licences passport across the EU under MiFID II, which is why so many global brokers hold one. Protections follow ESMA rules, though supervision is generally seen as lighter-touch than the FCA.

Protections for traders

  • MiFID II conduct and best-execution rules
  • Investor Compensation Fund up to €20,000
  • Leverage capped at 1:30 for major FX pairs
  • Negative balance protection for retail clients
  • Segregated client accounts with EU credit institutions

Brokers licensed by the CySEC

IC Markets logo

IC Markets

Top Pick
4.8(2,431)

Raw spreads for serious traders

Min Dep
$200
Spread
0.0
Leverage
1:500
ASICCySECFSA
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Pepperstone logo

Pepperstone

Top Pick
4.7(1,892)

Award-winning execution speed

Min Dep
$0
Spread
0.1
Leverage
1:400
FCAASICCySEC
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FP Markets logo

FP Markets

Top Pick
4.6(942)

ECN pricing with 10,000+ instruments

Min Dep
$100
Spread
0.0
Leverage
1:500
ASICCySECFSCA
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Tickmill logo

Tickmill

4.6(876)

Low commissions, no gimmicks

Min Dep
$100
Spread
0.0
Leverage
1:500
FCACySECFSA
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XTB logo

XTB

Top Pick
4.6(3,120)

Trusted since 2002

Min Dep
$0
Spread
0.5
Leverage
1:30
FCACySECKNF
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FxPro logo

FxPro

4.5(1,245)

No-dealing-desk since 2006

Min Dep
$100
Spread
0.3
Leverage
1:500
FCACySECFSCA
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eToro logo

eToro

Top Pick
4.4(5,211)

Social trading, reinvented

Min Dep
$50
Spread
1.0
Leverage
1:30
FCACySECASIC
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Plus500 logo

Plus500

4.3(4,210)

Clean CFD trading, no clutter

Min Dep
$100
Spread
0.6
Leverage
1:30
FCACySECASIC
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XM logo

XM

4.2(6,874)

10M+ clients, 190+ countries

Min Dep
$5
Spread
0.6
Leverage
1:1000
CySECASICIFSC
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Affiliate link - see our Methodology