Top Cysec Brokers for 2023
We found 11 online brokers that are appropriate for Trading Cysec.
Best Cysec Brokers Guide
Analysis by Andrew Blumer, Updated September 30, 2023
CySEC Regulated Brokers
CySEC Brokers
Before we show you the best CySEC brokers out there lets first understand what CySEC regulation is in the Forex markets.
What is CySEC?
CySEC is an abbreviation of Cyprus Securities and Exchange Commission that regulates almost all the brokers present and the headquarters in Cyprus. Several companies are operating different types of financial activities out of Cyprus and obey the regulations of CySEC.
CySEC works as a part of the European MiFID that allows members to function in European businesses by providing simple regulatory guidelines and fast approval processes.
CySEC is a friendly authority that allows almost all financial practices that exhibit signs of getting involved with a few high-risk operations that lead to criticism from world reputable authorities. CySEC frequently modifies its guides to ensure all CySEC-regulated Forex brokers follow the protective legislations towards the investors, their interests and funds.
History of CySEC
CySEC is a corporate governance system established in 2001 from the Cyprus Securities and Exchange Commission Law if 2001. Cyprus becoming one of the EU members leads to European markets giving access to all licensed companies and registered brokers.
The transition and registration of the EU are not without problems. The method has a great effect on the tax haven regulatory system, which was used previously.
On May 4th, 2012, the board announced the change in the division of binary options to be counted as financial equipment. In thirty days, all platforms working with Cyprus had to make use of the new binary option regulations, which offer consumers detailed information about products and permission to work in a way that makes the clients feel safe.
Ttwo reasons for this being an important method are that, originally, most of the platforms are based in Cyprus and that CySEC became one of the first regulatory bodies to regulate and recognize binary options as financial instruments.
These agents, firms or middlemen who help traders to trade in Cyprus are widely called CySEC brokers.
CySEC Brokers and Regulation
Most of the brokers in Europe are regulated by CySEC. CySec regulated brokers have strict regulations imposed to the protect investors.
How CySEC Regulation Helps
The first and foremost non-abuse of your money. CySEC brokers are not allowed to access it and so your funds cannot be used for any other purpose apart from trading on your behalf.
As your money is locked in a segregated account any creditors of of a CySEC regulated broker cannot make a claim to it.
It is mandatory for all the CySEC brokers to submit financial statements on a regular basis to CySEC.
CySEC brokers need to join the Investor Compensation Fund Scheme before getting a license. This facilitates investors to file for compensation if the broker becomes bankrupt.
CySEC brokers can face sanctions or penalties if they operate unfairly.
The Purpose of CySEC
The main responsibilities of the CySEC are as follows:
- Providing webinars to the consumers that deal with important problems like money laundering.
- Accepting and allowing the use of developing concepts in the financial markets, like blockchain virtual currency and cryptocurrency.
- Making enquires sanctioning companies involved with financial crimes.
- Ensuring that the Cyprus brokers and stock exchange are effectively monitored.
- Searching and collecting of information needed about Forex companies and brokers that are registered with them.
- Inspecting the registered brokers on their list and ensuring that they have the needed reporting requirements and possessing policies that are favourable to clients.
- Distributing licences that allows the brokers and companies to work in the CFD, stock and Forex market.
- Frequently reviewing, updating and making adjustments to their regulations and advice they give to investors where necessary.
Rules that Govern CySEC Regulated FX Brokers
There are various numbers of complex guidelines that are continually renewed and adjusted to keep brokering firms in place. For any regulated Forex broker to gain permission to work within Cyprus they must obey these regulations:
- CySEC regulated brokerages are responsible for preventing their traders from bankrupcy by protecting clients with the Investor Compensation Fund known as ICF. The ICF offers compensation of about twenty thousand euros in a situation where the broker is going bankrupt by helping the customers protect a huge amount of their trading capital.
- Brokers are expected to comply with all the new laws that the MiFID and CySEC may adopt in the future.
- Members of CySEC need to keep constant financial statements, which are to be given to the authority for reviewing occasionally. They are expected to send in annual audit reports, which are done by authorized self-sufficient third-party auditors.
- Any broker under the jurisdiction of CySEC must have a working capital of about 750,000 euros. The MiFID directive makes sure broker firms are effectively able to hold a clients financial exposure to the markets.
- CySEC regulated brokers are supposed to keep the traders capital in first-tier banks in the continent and separate accounts. This is done to prevent mixing up of the broker’s working capital with the trading capital, which allows the operations to be done undoubtedly.
CySEC Brokers Guidelines
At least two people should be listed as administrators of a CySEC broker.
All of a CySEC brokers products and services need to be listed.
The required initial capital is 200,000 Euros.
The required operating capital is 750,000 Euros.
CySEC brokers are required to get insured for 1 million euros or 1.5 million euros for individual loss or loss due to negligence or in action respectively.
Responsibilities of CySEC
CySEC has many responsibilities all with the aim of protecting investors. Here we will discuss just some of the important ones:
- CySEC supervises, controls and monitors transactions of the Cyprus Stock Market.
- CySEC monitor's financial service providers as well as the conduct of listed companies in the Cyprus Stock Market.
- CySEC issues a license to brokers, consultants and investment companies.
- CySEC punishes brokers with sanctions or penalties if misconduct is found.
- CySEC monitors investment funds, investment firms and related services as well.
Problems Facing CySEC Regulated Brokers
Between 2014 and 2015, CySEC was attacked by industry experts and retailers who claim that CySEC needs better legislation controlling the supervision and regulation of high-risk investments. CySEC critics also mentioned that fines charged by the agency are normally smaller than those of other financial regulators in the European Union.
Because of dormancy and unclear descriptions, some CySEC regulated firms and brokers have not been charged for disregarding the rules.
Another problem is the absence of direct communication when it comes to customers having complaints. What set CySEC apart from other regulators like the NDA is the complaints are to be raised by the broker and not the customer. This exposes the customers to ineffective and slow responses.
How to Verify CySEC Brokers
Finding reputable CySEC brokers is easy. The CySEC website publishes their names and respective license numbers. The website also publishes regular warnings on unregulated brokers which falsely claim to be under the regulation of CySEC.
CySEC Verdict
You may come across several unregulated brokers who may claim CySEC regulation is not important.
You have to note here that the primary mission of CySEC is to protect investors and continue making Cyprus one of the most protected financial centers on internationally.
When a broker under CySEC regulation breaks the rules, you can approach the CySEC for accountability. Hence, when trading we recommend you always trade with a broker with regulation like that of CySEC.
We have conducted extensive research and analysis on over multiple data points on Cysec Brokers to present you with a comprehensive guide that can help you find the most suitable Cysec Brokers. Below we shortlist what we think are the best cysec brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cysec Brokers.
Reputable Cysec Brokers Checklist
Selecting a reliable and reputable online Cysec trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Cysec more confidently.
Selecting the right online Cysec trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Cysec broker has a solid track record of at least two years in the industry.
- Verify that the Cysec broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Cysec broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Cysec broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Cysec brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Cysec broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Cysec Brokers in Our Brokerage Comparison Table
When choosing a broker for cysec trading, it's essential to compare the different options available to you. Our cysec brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each cysec broker.
- The funding methods available for cysec with each broker.
- The types of instruments you can trade with each cysec broker, such as forex, stocks, commodities, and indices.
- The trading platforms each cysec broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each cysec broker affects the cost of trading.
- The level of customer support each cysec broker offers, including their availability, responsiveness, and quality of service.
- Whether each cysec broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a cysec broker that best suits your needs and preferences for cysec. Our cysec broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Cysec Brokers of 2023 compared
Here are the top Cysec Brokers.
Compare cysec brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a cysec broker, it's crucial to compare several factors to choose the right one for your cysec needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are cysec brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more cysec brokers that accept cysec clients.
| Broker |
IC Markets
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Roboforex
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eToro
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XM
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XTB
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Pepperstone
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NordFX
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Trading212
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FP Markets
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EasyMarkets
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FXPro
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|---|---|---|---|---|---|---|---|---|---|---|---|
| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 10 | 50 | 5 | No minimum deposit | 200 | 1 | 1 | 100 | 100 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 400,000+ | 10,000+ | 15,000,000+ | 10,000+ | 142,500+ | 1,866,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xm |
Sign
Up with xtb |
Sign
Up with pepperstone |
Sign
Up with nordfx |
Sign
Up with trading212 |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XM Demo |
XTB Demo |
Pepperstone Demo |
NordFX Demo |
Trading 212 Demo |
FP Markets Demo |
easyMarkets Demo |
FxPro Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU | US, CA | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, CA, IR |
All Cysec brokers in more detail
You can compare Cysec Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Cysec Brokers for 2023 article further below. You can see it now by clicking here
We have listed top Cysec brokers below.
Cysec Brokers Table of Contents
- Cysec Brokers Explained
- 6 Factors to Consider when Choosing Cysec Brokers
- Are Your Cysec Brokers Trusted And Established?
- Are The Cysec Brokers World Leading?
- What are the Cysec Brokers Commissions and Fees?
- What are the Cysec Brokers Funding and Withdrawl Methods?
- Find Cysec Brokers with Round-the-clock support?
- Make sure the Cysec Brokers Offer Comprehensive Trader resources?
- Why Cysec Brokers needs to be regulated?
- Cysec Brokers FAQ
- What are the best Cysec brokers?
- What is the best Cysec broker?
- Related Cysec Brokers Reviews
- Related Cysec Brokers Alternatives
- Related Cysec Brokers Comparisons
Cysec Brokers Explained
Trading volatile financial markets with Cysec Brokers can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by Cysec Brokers to ensure a successful trading experience.
Selecting Cysec Brokers at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile Cysec markets effectively.
Reliability is key to gaining access to financial markets. Look for Cysec Brokers that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with Cysec Brokers confidently.
6 Factors to Consider when Choosing Cysec Brokers
Follow these five rules for selecting Cysec Brokers that are right for you:
Are Your Cysec Brokers Trusted And Established?
Search for a reputable Cysec Brokers with a extensive proven track record for Cysec, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated Cysec broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2007 | 2009 | 2002 | 2010 | 2008 | 2004 |
| Head Office | Australia | Belize | Cyprus, UK | Cyprus | Poland | Australia | Mauritius | UK |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA) Firm reference number 609146, Financial Supervision Commission (FSC), Cyprus Securities and Exchange Commission (CySec) License number 398/21 |
| Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 3,500,000+ | 581,000+ | 400,000+ | 10,000+ | 15,000,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | Yes | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit Pepperstone | Visit NordFX | Visit Trading 212 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Are The Cysec Brokers World Leading?
Opt for Cysec Brokers that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Cysec Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5000 | 1000 | 5600 | 1200 | 50 | 10000 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO, KR, | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | US, CA, EU, RU, SY, KP, CU | US, CA |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 70 | 177 | |
| Forex pairs offered | 61 | 35 | 50 | 55 | 57 | 70 | 177 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | Yes | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 31 | 15 | 21 | 16 | 0 | 14 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | No | Yes | No | Yes | Yes | No | Yes |
| Stocks Offered | 2100 | 0 | 2042 | 160 | 1696 | 1100 | 1731 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
What are the Cysec Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Cysec broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Cysec broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 50 | 5 | 0 | 200 | 1 | 1 |
| Withdrawl Fees | No | Yes | Yes | No | varies | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | Yes | Yes | No |
What are the Cysec Brokers Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with Cysec Brokers. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with Cysec Brokers.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
| Paypal | Yes | No | Yes | No | Yes | Yes | No | Yes |
| Skrill | Yes | No | Yes | No | Yes | Yes | No | Yes |
| Payoneer | No | Yes | No | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
Find Cysec Brokers with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with Cysec Brokers.
Cysec Brokers customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by Cysec Brokers can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
eToro
|
XM
|
XTB
|
Pepperstone
|
NordFX
|
Trading212
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 |
| Learn More | Visit IC Markets | Visit Roboforex | Visit eToro | Visit XM | Visit XTB | Visit Pepperstone | Visit NordFX | Visit Trading 212 |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74% of retail investor accounts lose money when trading CFDs with this provider. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Make sure the Cysec Brokers Offer Comprehensive Trader resources?
It's important to ensure your Cysec Brokers provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with Cysec Brokers. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with Cysec Brokers.
Why Cysec Brokers needs to be regulated?
Regulated Cysec Brokers lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated Cysec Brokers.
Consumers are protected by Cysec Brokers regulation, critical to preventing inadequate services and potential financial harm.
Regulation of Cysec Brokers is necessary to prevent fraud. The Cysec Brokers working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with Cysec Brokers is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
Cysec Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account