CySEC Regulated Forex Brokers 2026

Last updated January 7, 2026

Top forex brokers regulated by the Cyprus Securities and Exchange Commission (CySEC), providing EU investor protection.

Regulated brokersLow spreadsFast withdrawals
Emily Watson

Written by

Emily Watson

David Okonjo

Fact Checked by

David Okonjo

Top Picks

Trader Tested
#1
Exness logo
Exness
Open
#2
IC Markets logo
IC Markets
Open
#3
XM logo
XM
Open
See Full Comparison
Last reviewed:
By:Emily Watson
Fact-checked by:David Okonjo

Why Choose CySEC Regulated Forex Brokers?

CySEC (Cyprus Securities and Exchange Commission) is a respected EU regulator that enables brokers to passport their services across the European Economic Area. CySEC-regulated brokers must comply with MiFID II regulations, segregate client funds, and participate in the Investor Compensation Fund (ICF) covering up to €20,000 per client.

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What is CySEC regulation?

CySEC (Cyprus Securities and Exchange Commission) is Cyprus's financial regulator and a member of ESMA. CySEC regulation allows brokers to passport services across the EU/EEA and requires compliance with MiFID II regulations.

Quick Picks

#1Best Overall
Exness

Exness

4.8
#2Best Overall
IC Markets

IC Markets

4.8
#3Best Overall
XM

XM

4.8

CySEC Regulation Details

Compare CySEC license numbers and EU regulatory status.

BrokerAction
Exness#1 Choice
178/122012Open Exness Account
362/182018Open IC Markets Account
120/102010Open XM Account
191/132013Open RoboForex Account
185/122012Open FXTM Account
278/152015Open Tickmill Account
347/172017Open AvaTrade Account
183/122012Open HFM Account
388/202020Open Pepperstone Account
169/122012Open XTB Account

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Detailed Broker Analysis

Recommended
Original CySEC-licensed broker.
4.5/5App ScoreOpen Account
Min deposit: €5

XM holds CySEC license 120/10 and was among the earliest CySEC-licensed forex brokers. ICF protection up to €20,000 with excellent education and €5 minimum deposit.

Pros

  • Very low $5 minimum deposit
  • Multiple account types for all levels
  • Excellent educational resources (industry-leading)
  • Fast execution with no-requotes policy

Cons

  • Not publicly traded - less financial transparency
  • No cryptocurrency trading (regulated entities)
  • Inactivity fee after 90 days ($15/month then $5/month)
  • Standard account spreads wider than competitors
Forex spread classLow
Minimum deposit€5
Inactivity fee€5/mo
Currency pairs55
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee€0
Recommended
CySEC-regulated with instant execution.
4.6/5App ScoreOpen Account
Min deposit: €0

Exness holds CySEC license 178/12 and offers raw spreads from 0.0 pips. Zero minimum deposit and instant withdrawals with ICF protection.

Pros

  • Industry-leading withdrawal speed (instant/seconds)
  • Exceptional transparency with public financial reports
  • Massive liquidity - $4.5+ trillion monthly volume
  • No inactivity, deposit, or withdrawal fees

Cons

  • Not available to EU retail clients, US, UK, Canada, Australia
  • Retail clients routed to offshore entities for leverage
  • Customer support can be busy during peak times
  • Limited stock CFD selection compared to competitors
Forex spread classUltra-Low
Minimum deposit€0
Inactivity fee€0
Currency pairs107
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee€0
Recommended
CySEC-regulated with copy trading.
4.3/5App ScoreOpen Account
Min deposit: €0

HFM holds CySEC license 183/12 and offers copy trading features. Zero spread accounts with ICF protection for EU clients.

Pros

  • Strong multi-regulator oversight (FCA, CySEC, FSCA)
  • Excellent account variety for all trader levels
  • Outstanding local payment methods (Africa/Asia)
  • Low minimum deposit ($0-$5 on most accounts)

Cons

  • US clients not accepted
  • Inactivity fee after 6 months ($5/month)
  • Leverage caps apply in EU/UK jurisdictions
  • Some features limited by regulatory entity
Forex spread classLow
Minimum deposit€0
Inactivity fee€5/mo
Currency pairs53
Deposit methodsBank Transfer, Visa, Mastercard, Skrill
Withdrawal fee€0
RoboForex logo
RoboForex
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Recommended
CySEC-regulated ECN specialist.
4.1/5App ScoreOpen Account
Min deposit: €10

RoboForex holds CySEC license 191/13 and offers ECN Pro accounts with cTrader support. ICF protection with low minimum deposit.

Pros

  • Low $10 minimum deposit
  • High leverage up to 1:2000
  • Excellent CopyFX copy trading
  • Powerful R StocksTrader platform

Cons

  • Offshore regulation (FSC Belize - Tier-3)
  • Not available in USA/EU/UK/Australia
  • Mixed customer reviews on withdrawals
Forex spread classLow
Minimum deposit€10
Inactivity fee€0
Currency pairs36
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Crypto
Withdrawal fee€0
Recommended
CySEC-regulated with strong education.
4.2/5App ScoreOpen Account
Min deposit: €10

FXTM holds CySEC license 185/12 and provides comprehensive educational content. ICF protection with multiple account types.

Forex spread classLow
Minimum deposit€10
Inactivity fee€5/mo
Currency pairs62
Deposit methodsBank Transfer, Visa, Mastercard, Skrill
Withdrawal fee€0

Frequently Asked Questions About CySEC Regulated Forex Brokers

CySEC (Cyprus Securities and Exchange Commission) is Cyprus's financial regulator and a member of ESMA. CySEC regulation allows brokers to passport services across the EU/EEA and requires compliance with MiFID II regulations.
CySEC-regulated brokers must participate in the Investor Compensation Fund (ICF), which covers eligible clients up to €20,000 per person if the broker becomes insolvent. They must also segregate client funds.
Yes, CySEC regulation enables brokers to offer services throughout the EU/EEA via passporting. EU residents benefit from MiFID II protections including the ICF compensation scheme.
Both are respected regulators with strong oversight. The key difference is compensation: FCA's FSCS covers up to £85,000 while CySEC's ICF covers up to €20,000. Leverage limits are the same under ESMA rules.
Visit the CySEC website at cysec.gov.cy and use the Public Register to search for the broker's license number. This confirms their regulatory status and authorized activities.
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Our #1 pick is Exness

Start with the broker we rank highest for safety, pricing, and overall trading experience.

Min deposit: €0

Sources & References

  1. Exness
  2. IC Markets
  3. XM
🏆 #1 Recommended Broker

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

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Data Verified

January 2026