Best CySEC Regulated Forex Brokers 2026

Last updated September 2, 2026

Compare the top forex brokers regulated by the Cyprus Securities and Exchange Commission (Cyprus (EU)). Verified licenses and deep liquidity.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
Pepperstone
Pepperstone
Review
#2
FXCM
FXCM
Review
#3
Exness
Exness
Review
Full Comparison
Personalized broker matching

Need a faster shortlist than reading every broker page?

Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for CySEC Regulated

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for CySEC Regulated
Pepperstone

Pepperstone

Min. deposit $0 (Recommended $200)
  • Top-tier liquidity with frequent 0.0 pip spreads
  • Exceptional platform choice including TradingView and cTrader
  • Award-winning 24/5 customer support
ASIC (Australia), FCA (UK), CySEC (Cyprus)
#2 · Best alternative
FXCM

FXCM

Min. deposit $50
  • 25+ years in business
  • No dealing desk execution
  • Strong API for algo trading
FCA (UK), ASIC (Australia), CySEC (Cyprus)

Why these two

Both brokers are shortlisted specifically for CySEC Regulated, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What is the CySEC (Cyprus Securities and Exchange Commission)?

Cyprus Securities and Exchange Commission is the financial regulatory body in Cyprus (EU). It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.

Why Choose CySEC Regulated Brokers?

CySEC acts as the primary European regulator for retail forex brokers. Our current ranking starts with Pepperstone where it is available, followed by FXCM, Exness, and FP Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Trading Conditions

21 brokers · how we rank

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerWithdrawalFoundedLicense TierRegulation & fundingAction
0.0 pips (Razor) | 1.0 pips (Standard)$0 (Recommended $200)1-2 business days2010Tier 1
No tier-1 licence listed
FXCM4.3/5.0
1.3 pips (Standard)$501-2 business days1999Tier 1
No tier-1 licence listed
Exness4.8/5.0
0.0 pips (Raw) | 0.2 pips (Standard)$1Instant2008Tier 1
No tier-1 licence listed
FP Markets4.5/5.0
0.0 pips (Raw)$100Same day to 1 business day2005Tier 1
No tier-1 licence listed
HFM4.5/5.0
1.0 pips (Premium) | 0.0 pips (Zero)$024 hours2010Tier 1
No tier-1 licence listed
XM4.7/5.0
0.6 pips (Ultra Low) | 1.6 pips (Standard)$524 hours2009Tier 1
No tier-1 licence listed
IC Markets4.6/5.0
0.0 pips (Raw) | 0.8 pips (Standard)$20024-48 hours2007Tier 1
No tier-1 licence listed
FXTM4.4/5.0
0.0 pips (ECN) | 1.5 pips (Standard)$1024 hours2011Tier 1
No tier-1 licence listed
XTB4.7/5.0
0.8 pips (Standard)$0Usually same day (free for >$50)2002Tier 1
No tier-1 licence listed
FxPro4.4/5.0
0.0 pips (Raw+) | 1.2 pips (Standard)$1001 business day2006Tier 1
No tier-1 licence listed
0.0 pips (Zero) | 0.5 pips (Trade)$251-2 business days2001Tier 1
No tier-1 licence listed
Tickmill4.5/5.0
0.0 pips (Raw) | 1.6 pips (Classic)$1001 business day2014Tier 1
No tier-1 licence listed
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)$251-2 business days2001Tier 1
No tier-1 licence listed
HYCM4.1/5.0
0.2 pips (Raw)$1001-2 business days1977Tier 1
No tier-1 licence listed
0.0 pips (ECN) | 1.8 pips (Classic)$10 (Cent) / $50 (Classic/ECN)1-2 business days2005Tier 1
No tier-1 licence listed
0.0 pips (Commission-based)$101-5 business days1997Tier 1
No tier-1 licence listed
0.6 pips$1001-2 business days2008Tier 1
No tier-1 licence listed
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business days2006Tier 1
No tier-1 licence listed
eToro4.5/5.0
1.0 pips$10 - $200 (varies by region)2-5 business days2007Tier 1
No tier-1 licence listed
Plus5004.3/5.0
0.8 pips$1001-3 business days2008Tier 1
No tier-1 licence listed
FBS4.2/5.0
0.7 pips (Standard)$515-20 minutes2009Tier 1
No tier-1 licence listed
Rank 01 · best overall
Pepperstone4.8/5.0
Spread
0.0 pips (Razor) | 1.0 pips (Standard)
Min dep.
$0 (Recommended $200)
Withdrawal
1-2 business days
Founded
2010
License Tier
Tier 1
Visit Pepperstone Read review
Rank 02
FXCM4.3/5.0
Spread
1.3 pips (Standard)
Min dep.
$50
Withdrawal
1-2 business days
Founded
1999
License Tier
Tier 1
Visit FXCM Read review
Rank 03
Exness4.8/5.0
Spread
0.0 pips (Raw) | 0.2 pips (Standard)
Min dep.
$1
Withdrawal
Instant
Founded
2008
License Tier
Tier 1
Visit Exness Read review
Rank 04
FP Markets4.5/5.0
Spread
0.0 pips (Raw)
Min dep.
$100
Withdrawal
Same day to 1 business day
Founded
2005
License Tier
Tier 1
Visit FP Markets Read review
Rank 05
HFM4.5/5.0
Spread
1.0 pips (Premium) | 0.0 pips (Zero)
Min dep.
$0
Withdrawal
24 hours
Founded
2010
License Tier
Tier 1
Visit HFM Read review
Rank 06
XM4.7/5.0
Spread
0.6 pips (Ultra Low) | 1.6 pips (Standard)
Min dep.
$5
Withdrawal
24 hours
Founded
2009
License Tier
Tier 1
Visit XM Read review
Rank 07
IC Markets4.6/5.0
Spread
0.0 pips (Raw) | 0.8 pips (Standard)
Min dep.
$200
Withdrawal
24-48 hours
Founded
2007
License Tier
Tier 1
Visit IC Markets Read review
Rank 08
FXTM4.4/5.0
Spread
0.0 pips (ECN) | 1.5 pips (Standard)
Min dep.
$10
Withdrawal
24 hours
Founded
2011
License Tier
Tier 1
Visit FXTM Read review
Rank 09
XTB4.7/5.0
Spread
0.8 pips (Standard)
Min dep.
$0
Withdrawal
Usually same day (free for >$50)
Founded
2002
License Tier
Tier 1
Visit XTB Read review
Rank 10
FxPro4.4/5.0
Spread
0.0 pips (Raw+) | 1.2 pips (Standard)
Min dep.
$100
Withdrawal
1 business day
Founded
2006
License Tier
Tier 1
Visit FxPro Read review
Rank 11
Admiral Markets4.4/5.0
Spread
0.0 pips (Zero) | 0.5 pips (Trade)
Min dep.
$25
Withdrawal
1-2 business days
Founded
2001
License Tier
Tier 1
Visit Admiral Markets Read review
Rank 12
Tickmill4.5/5.0
Spread
0.0 pips (Raw) | 1.6 pips (Classic)
Min dep.
$100
Withdrawal
1 business day
Founded
2014
License Tier
Tier 1
Visit Tickmill Read review
Rank 13
easyMarkets4.1/5.0
Spread
0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard)
Min dep.
$25
Withdrawal
1-2 business days
Founded
2001
License Tier
Tier 1
Visit easyMarkets Read review
Rank 14
HYCM4.1/5.0
Spread
0.2 pips (Raw)
Min dep.
$100
Withdrawal
1-2 business days
Founded
1977
License Tier
Tier 1
Visit HYCM Read review
Rank 15
LiteFinance4/5.0
Spread
0.0 pips (ECN) | 1.8 pips (Classic)
Min dep.
$10 (Cent) / $50 (Classic/ECN)
Withdrawal
1-2 business days
Founded
2005
License Tier
Tier 1
Visit LiteFinance Read review
Rank 16
Libertex4/5.0
Spread
0.0 pips (Commission-based)
Min dep.
$10
Withdrawal
1-5 business days
Founded
1997
License Tier
Tier 1
Visit Libertex Read review
Rank 18
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
Founded
2006
License Tier
Tier 1
Visit GO Markets Read review
Rank 19
eToro4.5/5.0
Spread
1.0 pips
Min dep.
$10 - $200 (varies by region)
Withdrawal
2-5 business days
Founded
2007
License Tier
Tier 1
Visit eToro Read review
Rank 20
Plus5004.3/5.0
Spread
0.8 pips
Min dep.
$100
Withdrawal
1-3 business days
Founded
2008
License Tier
Tier 1
Visit Plus500 Read review
Rank 21
FBS4.2/5.0
Spread
0.7 pips (Standard)
Min dep.
$5
Withdrawal
15-20 minutes
Founded
2009
License Tier
Tier 1
Visit FBS Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Pepperstone logo
Our Rating
4.8/5.0
Best ForAdvanced traders, automated trading & TradingView enthusiasts
Min Deposit$0 (Recommended $200)

Pepperstone Review Summary

Founded in 2010 and headquartered in Melbourne, Australia, Pepperstone is a highly rated broker offering 60+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0 (Recommended $200)
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FXCM logo
Our Rating
4.3/5.0
Best ForAlgorithmic traders & historical data enthusiasts
Min Deposit$50

FXCM Review Summary

Founded in 1999 and headquartered in London, UK, FXCM is a highly rated broker offering 40+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
Exness logo
Our Rating
4.8/5.0
Best ForLow-cost traders, high-volume day traders & scalpers
Min Deposit$1

Exness Review Summary

Founded in 2008 and headquartered in Cyprus, Exness is a highly rated broker offering 100+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $1
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FP Markets logo
Our Rating
4.5/5.0
Best ForECN traders, scalpers & Australian clients
Min Deposit$100

FP Markets Review Summary

Founded in 2005 and headquartered in Sydney, Australia, FP Markets is a highly rated broker offering 70+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
HFM logo
Our Rating
4.5/5.0
Best ForBonus hunters, high leverage users & versatile traders
Min Deposit$0

HFM Review Summary

Founded in 2010 and headquartered in Cyprus, HFM is a highly rated broker offering 50+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
XM logo
Our Rating
4.7/5.0
Best ForBeginners, education-focused traders & low deposit users
Min Deposit$5

XM Review Summary

Founded in 2009 and headquartered in Cyprus, XM is a highly rated broker offering 55+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
IC Markets logo
Our Rating
4.6/5.0
Best ForScalpers, EA traders & low-latency algorithmic trading
Min Deposit$200

IC Markets Review Summary

Founded in 2007 and headquartered in Sydney, Australia, IC Markets is a highly rated broker offering 61 forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FXTM logo
Our Rating
4.4/5.0
Best ForAfrican & Asian traders & copy trading users
Min Deposit$10

FXTM Review Summary

Founded in 2011 and headquartered in Cyprus, FXTM is a highly rated broker offering 60+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
XTB logo
Our Rating
4.7/5.0
Best ForActive European traders & stock CFD investors
Min Deposit$0

XTB Review Summary

Founded in 2002 and headquartered in Warsaw, Poland, XTB is a highly rated broker offering 71 forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
FxPro logo
Our Rating
4.4/5.0
Best ForProfessional European traders & cTrader enthusiasts
Min Deposit$100

FxPro Review Summary

Founded in 2006 and headquartered in London, UK, FxPro is a highly rated broker offering 70+ forex pairs. They are regulated by CySEC providing strong client safety.

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening

Frequently Asked Questions About CySEC Regulated Forex Brokers

Frequently Asked Questions

Cyprus Securities and Exchange Commission is the financial regulatory body in Cyprus (EU). It is considered a Tier 1 regulator, meaning it provides the highest level of oversight and client protection.
Yes, brokers regulated by the CySEC are generally considered very safe. They are subject to strict financial standards, audits, and operational requirements.
Up to €20,000 via the Investor Compensation Fund (ICF)
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.

Top Searched Questions

How do I choose a reliable forex broker in 2026?

Start by verifying the broker holds a Tier-1 license (FCA, ASIC, or CySEC). Compare raw spreads on EUR/USD, check withdrawal processing times, and test the demo account. BrokerAnalysis independently tests 67+ brokers each quarter using real funded accounts.

What makes a forex broker the 'best' overall?

The best forex broker combines Tier-1 regulation, spreads from 0.0 pips on raw accounts, fast execution under 50ms, a wide range of 70+ currency pairs, and transparent fee structures. Our testing ranks brokers across 8 categories including safety, costs, and platform quality.

Which forex brokers are consistently top-rated?

Consistently top-rated brokers typically hold multiple Tier-1 licenses, maintain segregated client funds, and offer competitive raw spreads. Brokers like IC Markets, Pepperstone, and FP Markets consistently score above 4.5/5 in independent testing by BrokerAnalysis.

What is forex trading and how does it work?

Forex trading involves buying one currency while selling another, profiting from exchange rate fluctuations. The forex market operates 24/5, processes $7.5 trillion daily, and is accessible through online brokers with as little as $10. Traders use technical and fundamental analysis to make decisions.

What is the best forex trading platform to use?

MetaTrader 4 remains the most popular platform for its reliability and Expert Advisor support. MetaTrader 5 adds depth-of-market and more timeframes. TradingView excels at charting, while cTrader offers the best market depth for active traders. Your ideal platform depends on your trading style.

How do forex trading platforms differ from each other?

MT4 is best for EA automation and beginner simplicity. MT5 adds stock CFDs and economic calendar integration. cTrader provides Level II pricing and algorithmic trading via cAlgo. TradingView offers social charting with 100+ indicators. Choose based on whether you prioritize automation, analysis, or execution speed.

What features should a trading platform have?

A quality trading platform needs: one-click execution, customizable charts with 50+ technical indicators, pending order types (limit, stop, trailing stop), mobile app parity, demo account access, and reliable uptime above 99.9%. Platform stability during high-volatility news events is critical.

How does the forex market work?

The forex market is a decentralized global marketplace where currencies trade in pairs. It operates across four major sessions (Sydney, Tokyo, London, New York), runs 24 hours on weekdays, and is the largest financial market with $7.5 trillion in daily volume. Prices move based on economic data, central bank policy, and geopolitics.
Information automatically localized based on "forex brokers" and related trends.

Sources & References

  1. Pepperstone
  2. Exness
  3. HFM
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

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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 the country-acceptance status captured in our latest eligibility checks.