Inside Forex Brokers (IFB)The CySEC license is the most popular among broker licenses. Let's see what it is and whether traders can trust brokers with this license. Forex brokers have their own regulators, terms and conditions. In addition, it is normal for traders to check the broker and want to review their licenses, legal information, etc. Most brokers are licensed by CySEC. Let us highlight a detailed look at the license of CySEC brokers and traders. Following these useful tips, you are just a few steps from the Best CySEC Forex Brokers. So read, compare, feel free to open an account now!
Swiss Markets3 min read
Swiss Markets is a young online broker, regulated by CySEC (№ 199/13) and offers a powerful combination of STP and MetaTrader 4 trading that will greatly attract more advanced and larger traders looking for the best possible spreads and execution speed in a wide range of interesting asset classes. It is worth adding that Swiss Markets also offers its customers protection from negative balance. A trader can choose between more than 120 tools and use the WebTrader platform.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 200
DeltaStock2 min read
DeltaStock was established in Bulgaria, in 1998, during which time the company’s clients were private individuals, companies and representing brokers from more than 50 countries. During its existence, the broker was able to achieve significant results, one of which is the creation of its own trading platform DeltaTrading 6. The company has a license to carry out its activities, twenty-four hours of support by phone, email and live chat.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
HY Markets3 min read
HY Markets (HYCM) company provides a variety of financial services in more than 140 countries. HY Markets brokerage company headquarters are located in London, Hong Kong and Cyprus. HY Markets is regulated by the British Economic Control Authority, Cyprus Securities and Exchange Commission, Cayman Islands Financial Authority, Dubai Financial Regulatory Authority, and Supervisory and Regulatory Authority of Saint Vincent and Grenadines business companies.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
ActivTrades2 min read
ActivTrades is an international brokerage company focused on investors from France, Italy, Spain, Germany and other European countries. The broker advertises himself on the positive side, talking about transparency, a complete lack of commissions, a wide selection of tools, a low spread, the provision of advisers and round-the-clock support in 13 different languages. The company is regulated by the Financial Conduct Authority (FCA).
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Opteck3 min read
The company has been operating since 2011, offering trading on its own platform. The main emphasis is on professionals - to start work, you need to replenish the depot by at least $250. For beginners, a training program is provided that opens after free registration in the system. The broker is regulated by the International Financial Services Commission (IFSC) under license № 60/377/TS/17.
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:500 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 250
HF MARKETS3 min read
The work of HF Markets is regulated by CySEC and has the necessary international license from this organization, according to which the broker has the right to provide investment services around the world. The company provides software and tools for trading Forex and trading commodities online. All company customers can use the interbank market spreads and access to liquidity using modern automated platforms.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 50
IFC Markets3 min read
IFC Markets provides its customers with financial instruments trading services both on organized trading floors and outside of them using NetTradeX trading platform and MetaTrader 4 and MetaTrader 5 platforms. The company strives for market leadership and provides its customers with the best service and trading conditions, largely being a pioneer in its field of activity.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
XTB3 min read
XTB Group is a world leader in Forex and CFD trading. They started out as X-Trade in 2002, then subsequently went through a merger to become XTB in 2004. They have offices in over 13 countries all over the world, and are regulated by the largest financial regulatory authorities in the world, including FCA in the UK, as well as national regulators in a range of other European countries.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 250
IG Markets3 min read
The company provides traders with access to the financial markets, allowing them to trade thousands of assets. These financial assets include stocks, forex, cryptocurrencies, CFDs, commodities, and indices. IG has been known to provide top-notch services to their customers over the past few decades, allowing them to access effective trading tools, an economic calendar, market analysis, daily news, an intuitive trading platform, educational resources and other vital resources.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
FxPro3 min read
In 2006, the FxPro broker was founded and serves more than one million customers from 170 countries from around the world. During this time, the company managed to build a positive image and reputation. The broker serves private and institutional clients. FxPro is a broker that conducts transparent work and takes care of maintaining the capital of its customers. That is why, all deposits of FxPro clients are insured and located separately from the company's funds in leading international banks.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500
TRADE3 min read
«TRADE» is one of the most prominent representatives of the CFD trading industry. He created a name and a strong reputation for honesty, excellent offer and product. Founded in 2009, «TRADE» provides its services from a head office located in Nicosia, Cyprus. A free set of trading platforms is provided for free, including MT4, MT5 and their own «TRADE» web application. Simple direct access to the market and direct processing on large exchanges and in liquidity pools means quick execution and low commissions.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 100
Tickmill3 min read
TickMill a British broker who appeared in the forex trading environment in 2014. Today, the broker is actively developing as a high-tech ECN broker, providing the entire range of services for online trading in the international foreign exchange market. The broker offers its customers low spreads, fast execution of orders and guarantees complete transparency of relationships with traders.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Plus5002 min read
Plus500 is an industry leader providing CFDs and trading opportunities for Cracyptocurrency, Forex, Stocks, ETFs, Commodities, Indices and Options. All trading instruments on Plus500 are used. The trading platform comes from Plus500 Ltd, which takes several steps to protect customer funds and ensure uninterrupted user interaction. The Plus500 portfolio currently has over 2,000 instruments.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
EasyMarkets3 min read
EasyForex was established in 2003 and currently acts as a broker with global reach. It provides its services in over 160 countries worldwide, offering trading in 175 products ranging from currencies, CFDs, commodities and metals, to options on both its proprietary platform and the ever popular MetaTrader. Simple and professional business solutions. From world-class trading platforms with expanded order execution and risk management tools to real-time market data and real-time streaming, Easy-Forex ® helps partners deliver advanced trading technologies and solutions to customers worldwide.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 25
MarketsX2 min read
«Markets» online forex and CFD broker is a very popular forex broker among traders. In addition to the trademark TradeTech Markets Limited, the company is a serious forex broker that has been in operation since early 2000. Being one of the early leaders in the retail forex space, «Markets» has evolved to become one of the well known and reputable forex brokerages with over 10 years of successfully running the forex brokerage. Broker offers a very wide range of assets, including CFDs on Indices, Currencies, Commodities, Stocks, Cryptocurrencies, ETFs, Blends and Bonds. More than 2,000 instruments are available on the platform.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
NAGA3 min read
NAGA ever since its inception, in 2015, has been all about making the world of trading, investing and managing financial assets open and much easier for everyone. Regulated by CySEC, you will find a safe and reliable platform with many advanced features and tools compared to other platforms. An interesting addition to their portfolio of financial products is NAGA Group, a Fintech group trading on Frankfurt Stock Exchange. They use the NAGA Coin within the NAGA Wallet and NAGA Ecosystem.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
ForexTime4 min read
ForexTime or FXTM is an international professional who provides an expanded range of online trading and investment services in the international currency market for clients from 99 countries. The main advantages are fast processing of orders under the best conditions, reliability, convenience and a wide range of services in the personal workspace.
Broker ForexTime has a solid license and a good reputation for customers, as evidenced by positive reviews. Traders will have access to a wide range of trading instruments. You can use currency pairs, precious metals, futures, contracts for difference. The total number of trading instruments is more than 100.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Orbex3 min read
Orbex broker is an organization that provides services in the field of online trading in the foreign exchange market and trading in CFD contracts. The broker has Cypriot registration and has been operating since 2011. The scope of the company is in the provision of loans, investment analysis, financial research and client asset management.
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500
Trade3603 min read
Trade360 offers customers an independent trading platform where you can trade CFDs and Forex products. Coining the term CrowdTrading, Trade360 is owned by ST Services LTD (Reg. No. 83416) and is recognized as the operators previously behind MPF Global Markets LTD. Nowadays, Trade360 supports the trading of commodities, currencies, indices, ETFs, and stocks in the form of contracts-for-difference. This broker offers highly competitive trading conditions in online trading.
Demo: Yes \ Crypto: No \ Social: Yes \ Leverage: 1:400 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 500
eToro4 min read
eToro trading broker is one of the largest investment platforms in the world. Developers position the company as a network of social trading, where you can independently trade currencies, stocks, indices, goods, copy transactions of successful traders or investors, and discuss trading and investment decisions.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:400 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
About the CySEC regulator
The CySEC (Cyprus Securities and Exchange Commission) is an organization with the function of controlling the activities of a stock exchange (OTC) broker registered in Cyprus, as well as giving licenses to brokers and financial investment companies. In other words, it is an organization that controls the financial services market in Cyprus.
What is the value of CySEC?
Let’s start with the fact that CySEC is a regulator in Cyprus. Cyprus has been a member of the European Union since December 1999. Thus, CySEC has the right to control the financial sector, in accordance with the laws of the European Union. Therefore, CySEC is a legitimate organization in Cyprus, like the FCA (regulation of financial management and supervision) which is located in the EU. In addition, CySEC complies with European laws and must comply with its obligations, which indicates the seriousness of this organization.
Now let’s define the main activities of CySEC:
- To monitor the activities of investment companies licensed by CySEC;
- Control over the activities of the Fund and no stock brokers and dealing centers;
- Issue licenses for investment activities;
- To control financial transactions on the Cyprus Stock Exchange;
- Monitor the activities of the Cyprus Stock Exchange (and comply with trading rules);
- To manage issuers located in Cyprus (rules for the issue of securities and their further placement);
- To monitor the activities of portfolio managers working in Cyprus;
- Manage investment projects licensed by CySEC;
- In order to verify claims and to collect materials related to violations, as well as transferring materials for further proceedings to state supervisory authorities;
- To cancel the license in case of violation of the requirements of the rules, as well as violation of the law.
Thus, when searching for a broker, the existence of a CySEC license is an important criterion. A CySEC licensed broker is obviously interested in long-term cooperation with investors.
Such a broker does not have the goal to steal the trader’s money and disappear, because then CySEC, being a mandatory regulator, begins the process of canceling the license and terminating the broker’s activity. In addition, in any case, the broker must return all the money to the trader.