Forex regulation in Cyprus
This page explains the authorities and public records connected with retail forex and CFD activity in Cyprus. Rules can depend on the product, legal entity, client type and location.
Regulatory overview
CySEC licences passport across the EEA; the most common EU home for international brokers.
Authorities
Broker records
| Broker | Authority | Licence | Status | |
|---|---|---|---|---|
 IC Markets 9.6/10 | CySEC | 362/18 | Review pending | View licence record |
 AvaTrade 9.2/10 | CySEC | 347/17 | Review pending | View licence record |
 FxPro 9.2/10 | CySEC | 078/07 | Review pending | View licence record |
 XM 9.2/10 | CySEC | 120/10 | Review pending | View licence record |
 Admirals 9.0/10 | CySEC | 201/13 | Review pending | View licence record |
 eToro 9.0/10 | CySEC | 109/10 | Review pending | View licence record |
 Markets.com 9.0/10 | CySEC | 092/08 | Review pending | View licence record |
 Plus500 9.0/10 | CySEC | 250/14 | Review pending | View licence record |
 Eightcap 8.9/10 | CySEC | 246/14 | Review pending | View licence record |
 easyMarkets 8.7/10 | CySEC | 079/07 | Review pending | View licence record |
 HF Markets 8.7/10 | CySEC | 183/12 | Review pending | View licence record |
 MultiBank Group 8.7/10 | CySEC | 430/23 | Review pending | View licence record |
 FP Markets 8.5/10 | CySEC | 371/18 | Review pending | View licence record |
 GO Markets 8.5/10 | CySEC | 322/17 | Review pending | View licence record |
 Capital.com 8.4/10 | CySEC | 319/17 and 463/25 | Review pending | View licence record |
 FXOpen 8.4/10 | CySEC | 194/13 | Review pending | View licence record |
 ThinkMarkets 8.4/10 | CySEC | 215/13 | Review pending | View licence record |
 Exness 8.3/10 | CySEC | Not confirmed | Review pending | View licence record |
 Libertex 8.3/10 | CySEC | 164/12 | Review pending | View licence record |
 Tickmill 8.3/10 | CySEC | 278/15 | Review pending | View licence record |
 XTB 8.3/10 | CySEC | 169/12 | Review pending | View licence record |
 FOREX.com 8.2/10 | CySEC | Not confirmed | Review pending | View licence record |
 Swissquote 8.2/10 | CySEC | 422/22 | Review pending | View licence record |
 Skilling 8.1/10 | CySEC | 357/18 | Review pending | View licence record |
 FXCM 8.0/10 | CySEC | 392/20 | Review pending | View licence record |
 LiteFinance 8.0/10 | CySEC | 093/08 | Review pending | View licence record |
 Pepperstone 8.0/10 | CySEC | 388/20 | Review pending | View licence record |
 Trade.com 8.0/10 | CySEC | 227/14 | Review pending | View licence record |
 Trading.com 8.0/10 | CySEC | 256/14 | Review pending | View licence record |
 Tradu 8.0/10 | CySEC | 392/20 | Review pending | View licence record |
 ATFX 7.9/10 | CySEC | 285/15 | Review pending | View licence record |
 Octa 7.9/10 | CySEC | 372/18 | Review pending | View licence record |
 Mitrade 7.8/10 | CySEC | 438/23 | Review pending | View licence record |
 Fortrade 7.7/10 | CySEC | 385/20 | Review pending | View licence record |
 FXCC 7.7/10 | CySEC | 121/10 | Review pending | View licence record |
 IQ Option 7.7/10 | CySEC | 247/14 | Review pending | View licence record |
 TopFX 7.7/10 | CySEC | 138/11 | Review pending | View licence record |
 Trading 212 7.7/10 | CySEC | Not confirmed | Review pending | View licence record |
 FXORO 7.6/10 | CySEC | 126/10 | Review pending | View licence record |
 iFOREX 7.4/10 | CySEC | 143/11 | Review pending | View licence record |
Client protections
Under CySEC
- Client-money rules
- Confirmed
- Capital requirements
- Varies by licence
- Negative balance protection
- Required for eligible clients
- Leverage restrictions
- Applies to eligible retail clients
- Compensation scheme
- Potentially available subject to eligibility
- External dispute resolution
- Available subject to eligibility
- Risk disclosures
- Required for relevant firms
- Reporting or audit
- Required for relevant firms
Complaint routes
- CySEC: Financial Ombudsman of the Republic of Cyprus. How to complain
Official warnings
No official warnings connected with Cyprus are recorded.
Frequently asked questions
Is forex trading regulated in Cyprus?
CySEC is the authority on record for Cyprus. CySEC licences passport across the EEA; the most common EU home for international brokers.
Does a foreign licence protect a trader in Cyprus?
Only when the account is legally contracted with the licensed entity and the licence permits the relevant service. A broker brand may operate several entities, and the protections follow the entity that signs the account agreement, not the brand.