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2021 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Cyprus

Best Cyprus online trading platforms
Best Cyprus Brokers 2021

This guide to the reputable trading platforms in Cyprus has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This review contains the most recent information about finding the best broker in Cyprus.

If you're a new entrant into the world of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You'll acquire adept skills at all of the concepts of broker since you continue trading. For starters, you need to choose the perfect broker in Cyprus who'll be transparent with you constantly.

In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan is key to your success.

We currently have 22 Brokers that we believe are the Best Trading Patforms in Cyprus

Finding The Top Cyprus Trading Patforms?

This guide has been designed to help you find a reputable Cyprus broker. When searching for an experienced, reliable broker in Cyprus it can be a little confusing.  Below we show what your broker options are in Cyprus and what Cyprus brokers can do for you.

Getting a free trial for a minimum of 3 days is the best way to understand the capabilities and professionalism of any Cyprus broker. Before making any final decisions, you have to be able test the broker's platform and software in real-time but with little risk. This allows you to experiment with the software and see how easy it is. A top broker in Cyprus should make it as easy as possible for you. They shouldn't have to do extensive research nor set up multiple accounts before they let you start trialling their tools.

We currently have 22 Trading Patforms from our research that we think are the Best Brokers in Cyprus

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Rating6.20/54.50/54.90/54.71/57.00/56.25/56.40/52.63/54.16/54.67/53.91/55.73/54.80/55.80/54.85/55.89/50.63/54.58/55.83/56.25/56.22/53.36/5
Minimum Deposit$250$250$250$200$250$250$250$100$5000$200$100$1$250$250$250$250$200$100$0$250$50$100
Year Founded2011202020122012201120142017200820082008198320092012202120182008201720162000201720082000
HeadquartersCyprusGRENADINESUSACyprusCyprusCyprusUnited StatesUSAGermanyAustraliaNew ZealandAustraliaBulgariaAustraliaUnited KingdomCyprusAustraliaCyprusIndiaUnited StatesUKBulgaria
Regulated ByFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F242Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F323Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F315Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F302Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F329Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F224UnregulatedThe Federal Financial Supervisory Authority Bundesanstalt f??????r Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)Australian Securities & Investment Commission (ASIC)Financial Markets Authority (FMA)Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F219Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F228Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F261Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)UnregulatedCyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042Securities and Exchange Board of India (SEBI), Member of the Bombay Stock ExchangeFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F332Financial Conduct Authority (FCA), Financial Services Authority (FSA), Securities and Futures Commission (SFC)Financial Services Authority (FSA)
Clients250,000+12,000,000+10,000+10,000+12,000,000+3,500,000+3,500,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+10,000+5,000+2,000,000+142,500+10,000+10,000+
Risk WarningYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at risk84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Your capital is at riskCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investorYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed deposits
Withdrawal FeesNoNoYesNoNoNoNoYesYesNoNoNoNoNoNoNoYesNoYesNoYesNo
Inactivity FeesNoNoYesNoNoNoNoYesYesNoYesNoNoNoYesNoNoNoNoNoNoYes
Deposit Fees25025025020025025025010050002001001250250250250200100025050100
CFD FeesNoNoYesNoNoNoNoNoYesNoYesNoNoYesNoNoYesNoNoYesYesYes
Accepts Credit CardsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoYesYesYes
Accepts PayPalYesYesYesNoYesYesYesNoNoNoNoNoYesYesYesYesNoNoNoYesNoNo
Accepts SkrillYesYesYesNoYesYesYesNoNoNoNoNoYesYesYesNoNoNoNoYesNoNo
Accepts PayoneerYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNoYesYesYes
Accepts NetellerYesYesYesNoYesYesYesNoNoNoNoNoYesYesYesNoNoNoNoYesNoNo

Online Stock Trading In Cyprus

Trading Assets in Cyprus is highly regulated and considered very safe. But, be aware that any investment may go down as well as up, so your capital is in danger.

If you're just starting out with online trading then it's suggested to get a demo account first with a controlled broker so that you are able to learn the systems without the risk of losing cash.

Live Forex Trading In Cyprus

Forex is the biggest liquid financial market in the world with a daily financial exchange turnover of over $5 trillion (BIS data April 2016).

Forex (short for Foreign Exchange) is a money exchange involving two distinct countries and the next management of the consequent position in which one currency gains and the other loses.

It's simple to do Live Forex Trading in Cyprus using professional online trading platforms

Live CFD Trading In Cyprus

CFD trading is the selling and buying of contracts for difference via an online trading partner in Cyprus. When trading CFDs you are entering into an agreement to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Cyprus

Spread Betting in Cyprus is possible using professional online brokers like XTM or Trading212. It is a simple bet as to whether the price will go up or down.  Usually, the Cyprus trading platforms will display the prices you have.

If you are looking at how to do spread betting in Cyprus then it is a good idea to start with a demo account with either eToro or Trading212 so that you can practice with virtual money before risking your own capital.

Trading Forex in Cyprus

Globally, Cyprus is considered safe to do online trading and has access to other global financial centers. In Cyprus, online brokers are highly regulated, experienced and customer centric. 

However, it is always important to be as informed as possible so below are some of the most important things any trader should know:

The financial industry in Cyprus are very mature and are seen are trustworthy due to regulation and compliance by the local Fiancial trade authority in Cyprus.

The online trading apps used by brokers in Cyprus are thoroughly tested and highly rated & secure.

Whichever Online Trading Solutions in Cyprus you decide to use, ensure they have all of the below:

  • User friendly platform
  • Availability of a risk management tool
  • Good or fast execution speed
  • High quality charts
  • Able to perform social trading
  • Timely online help or support

Challenges Of Trading in Cyprus

The US Dollar is considered the base currency globally so even a tiny change in the US financial markets could affect the economic markets in Cyprus. The EU is also a large market and changes there can affect the financial markets in Cyprus.

Like many countries there are challenges in Cyprus financial markets and overall the outlook is good. However, like in all global economic markets we recommend that any Online Trading Brokers in Cyprus you decide to use, make sure you do your homework first before risking your money. We have collected thousands of datapoints and written this guide to help you find the Best Trading Platforms in Cyprus.  We hope that by using this guide you will find a professional broker that matches your needs.

Frequently Asked Questions About Trading Forex In Cyprus

Is Forex Trading Legal In Cyprus?

There is a growing misconception that trading Forex in Cyprus is considered unsafe. This is not the case, Forex Currency trading in Cyprus is very active, safe and regulated.

Trading in Forex is allowed in Cyprus as for any business to trade internationally, foreign currency has to be exchanged. Any time you purchase something and it's sent from overseas, there will be multiple currency exchanges by multiple companies to receive that thing to you.

The important thing is that when trading Forex in Cyprus you pick one of the best online brokers.

Do Forex Traders Pay Tax In Cyprus?

Once a dealer is successful and their gains achieve a certain level then they may be taxed in Cyprus as per the typical tax rules.

Tax returns must always be registered even if there's a loss. You should seek advice with a documented accountant in Cyprus to ensure you are abiding with current regional laws since it's very determined by your personal conditions.

Can You Trade Cryptocurrencies In Cyprus?

Cryptocurrency markets in Cyprus are quite new. As Cryptocurrencies work on decentralised assets in Cyprus matters like interest rate fluctuations and political instability do not impact them as much as the currency markets.

Cryptocurrencies are more popular with the centuries as well as increasing income levels and technologies adoption, trading cryptocurrency in Cyprus is rising day by day. It is still small compared to the Forex markets but about $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Cyprus?

Commodities trading in Cyprus includes trading in things like precious metals, energies and agricultural commodities.

Some commodities such as agricultural are seeing exponential growth inCyprus.

Fast growing economies like India have a significant need for many basic raw materials because of their inhabitants. This means that states like Cyprus can benefit from this circumstance.