Top Forex Brokers in Cyprus

Explore the top Forex brokers in Cyprus for 2025. Compare CySEC-regulated brokers with competitive spreads, top trading platforms, and secure trading conditions

Cyprus remains a premier destination for Forex trading, attracting a myriad of international brokers drawn by the island's robust regulatory environment and business-friendly policies. The Cyprus Securities and Exchange Commission (CySEC) enforces stringent guidelines that ensure transparency, security, and the protection of client funds. This strong regulatory framework means that traders in Cyprus benefit from competitive spreads, advanced trading platforms, and a wealth of educational resources. Below, we present detailed profiles of the top Forex brokers operating in Cyprus, each offering unique features and advantages that cater to both beginners and experienced traders.

1. XM

XM is a globally recognized broker that has built a solid reputation among Forex traders in Cyprus. Established in 2009 and regulated by CySEC along with several other top-tier authorities, this broker provides access to over 55 currency pairs and a wide range of financial instruments. Known for its competitive trading conditions, XM offers tight spreads and commission-free trading on standard accounts. It supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), equipping traders with advanced charting tools, automated trading features, and a highly intuitive interface. Additionally, XM’s extensive educational resources—including webinars, tutorials, and daily market analysis—make it a standout choice for those looking to enhance their trading skills.

2. FXTM

FXTM stands out as a trusted broker offering competitive trading conditions and a strong regulatory framework in Cyprus. Launched in 2011 and governed by CySEC and other reputable financial bodies, FXTM provides access to a diverse range of currency pairs with spreads that can start at 0.0 pips on its ECN accounts. The broker supports both MT4 and MT5 platforms, giving traders access to sophisticated technical analysis tools, automated trading functionalities, and an intuitive user interface. FXTM’s commitment to trader education is evident in its comprehensive webinars, detailed tutorials, and regular market updates, all designed to empower traders with the insights needed to navigate dynamic market conditions.

3. HotForex

HotForex has earned a reputation as one of the leading Forex brokers in Cyprus by offering excellent customer service and competitive trading conditions. Since its inception in 2010 under CySEC regulation, this broker has provided traders with access to over 50 currency pairs and attractive trading conditions, including tight spreads that can begin at 0.0 pips on premium accounts. HotForex supports both MT4 and MT5 platforms, which are equipped with advanced analytical tools and automated trading options. Its dedication to trader support, paired with a robust suite of educational resources, makes HotForex a reliable partner for traders at all experience levels.

4. FXGlory

FXGlory is a dynamic and innovative broker that has rapidly gained favor among Forex traders in Cyprus. Founded in 2015 and regulated by CySEC, FXGlory offers a diverse selection of currency pairs with competitive spreads, emphasizing cutting-edge trading technology. The broker supports both MT4 and MT5 platforms, providing traders with advanced charting capabilities, automated trading systems, and a responsive, user-friendly interface. FXGlory’s forward-thinking approach is further demonstrated by its suite of analytical tools and market insights, empowering traders to make well-informed decisions even in volatile market conditions.

5. AvaTrade

AvaTrade is a globally trusted broker that provides a secure and versatile trading environment for clients in Cyprus. Established in 2006 and regulated by CySEC as well as other leading financial authorities, AvaTrade offers access to over 50 currency pairs with competitive spreads and a commission-free model. The broker supports multiple trading platforms—including MT4, MT5, and its proprietary mobile app AvaTradeGO—ensuring that traders have the flexibility to choose a platform that suits their needs. Renowned for its advanced risk management tools such as negative balance protection and customizable stop-loss orders, AvaTrade also offers a rich array of educational resources that cater to traders at every level.

6. Exness

Exness is widely celebrated for its exceptional execution speeds and low trading costs, making it a favored choice among Forex traders in Cyprus. Founded in 2008 and operating under the rigorous oversight of CySEC, Exness offers access to an extensive array of currency pairs with competitive spreads that can start from 0.0 pips on its ECN accounts. The broker supports both MT4 and MT5 platforms, equipping traders with advanced charting tools, robust technical analysis features, and efficient automated trading capabilities. Exness’s commitment to transparency and fast withdrawal processes ensures that traders can manage their funds confidently and effectively.

7. IC Markets

IC Markets is a highly respected broker that is especially popular among advanced traders in Cyprus. Established in 2007 and regulated by CySEC along with other top-tier authorities, IC Markets offers access to over 60 currency pairs, with some of the most competitive spreads available—particularly on its Raw Spread account. The broker supports multiple platforms, including MT4, MT5, and cTrader, which deliver fast execution speeds and low-latency order processing crucial for high-frequency trading and scalping strategies. Its commitment to transparent trading conditions and responsive customer support makes IC Markets a reliable choice for traders seeking a performance-driven trading environment.

8. Alpari

Alpari has long been recognized as a reliable broker with deep roots in the Forex industry, dating back to 1998. Serving traders in Cyprus and worldwide, Alpari offers competitive trading conditions with access to over 50 currency pairs and attractive spreads on its ECN accounts. The broker supports both MT4 and MT5 platforms, which feature advanced charting tools and automated trading functionalities designed to cater to a variety of trading strategies. Alpari’s emphasis on efficient trade execution and low trading costs, along with a comprehensive suite of educational resources, has cemented its reputation as a trusted partner for Forex traders.

9. CapitalCore

CapitalCore is an emerging broker that has quickly garnered attention for its robust trading infrastructure and innovative service offerings in the Forex market. Established in 2012 and regulated by CySEC, CapitalCore provides a diverse range of currency pairs with competitive spreads designed to suit the needs of both novice and professional traders. The broker supports both MT4 and MT5 platforms, ensuring that users benefit from advanced charting tools, comprehensive technical analysis features, and efficient automated trading systems. With a strong commitment to security, transparency, and trader education, CapitalCore has established itself as a forward-thinking option in the evolving landscape of Forex trading.

10. Pepperstone

Pepperstone is celebrated for its innovative trading platforms and competitive pricing, making it one of the top choices among Forex brokers in Cyprus. Founded in 2010 and regulated by CySEC along with other respected regulatory bodies, Pepperstone offers access to over 60 currency pairs with tight spreads starting from 0.0 pips on its Razor account. The broker supports a range of platforms including MT4, MT5, and cTrader, each designed to deliver fast execution speeds, advanced charting capabilities, and efficient order processing. Known for its rapid execution and excellent customer support, Pepperstone remains a reliable option for traders seeking a high-performance trading environment.

11. FBS

FBS has rapidly emerged as a popular broker among Forex traders in Cyprus, particularly for those just starting out. Founded in 2009 and regulated by CySEC along with several international authorities, FBS offers access to over 40 currency pairs with spreads that can begin at 0.0 pips. The broker supports both MT4 and MT5 platforms, which are equipped with advanced trading tools, automated systems, and comprehensive market analysis. FBS is also well known for its generous bonus programs and promotional offers, which help traders build their trading capital while refining their strategies in a competitive market.

In conclusion, the Forex trading landscape in Cyprus is enriched by a diverse array of brokers that combine secure, well-regulated environments with innovative trading platforms and robust educational resources. Whether you are taking your first steps in Forex trading or are an experienced trader seeking advanced tools and rapid execution, the brokers listed above provide unique benefits tailored to a range of trading styles and preferences.