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The 10 Best CySEC Forex Brokers – Rated and Reviewed. We have listed the Best Forex Brokers regulated by The Cyprus Securities and Exchange Commission.
In this in-depth guide, you will learn:
- The Best CySEC Forex Brokers – a List
- Can CySEC be Trusted?
- Which country is CySEC?
and much, MUCH more!
| 🔎 Broker | 🚀Open an Account | ⭐ Regulations | 💶 Min. Deposit |
| 🥇 EightCap | 👉 Open Account | ASIC FCA CySEC SCB | 100 USD |
| 🥈 Octa | 👉 Open Account | CySEC MISA FSCA | 25 USD |
| 🥉 XM | 👉 Open Account | FSC, DFSA CySEC ASIC FSCA | 5 USD |
| 🏅 FXPro | 👉 Open Account | FCA, CySEC FSCA SCB | 100 USD |
| 🎖️ XTB | 👉 Open Account | FCA KNF IFSC CySEC | None |
| 🥇 FBS | 👉 Open Account | FSC CySEC ASIC | 5 USD |
| 🥈 Pepperstone | 👉 Open Account | CMA CySEC DFSA FCA SCB | 10 USD |
| 🥉 HFM | 👉 Open Account | FSCA CySEC DFSA FSA FCA FSC CMA | None |
| 🏅 Tickmill | 👉 Open Account | FCA CySEC FSA | 100 USD |
| 🎖️ AvaTrade | 👉 Open Account | CBI BVI FSC ASIC FSCA JFSA FFAJ ADGM CySEC ISA KNF IIROC | 100 USD |
🏆 10 Best Rated Forex Brokers
Broker
Rating
Regulators
Platforms
Min Deposit
Max Leverage
Crypto
Official Site
🥇
4.7/5
ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA
MT4, MT5, Avatrade Social
USD 100
400:1
Yes
5
4.9/5
CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine
MT4, MT5, HFM App, HFM Copy Trading
USD 0
2000:1
Yes
7
4.9/5
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
MT4, MT5, cTrader, Tradingview, Pepperstone Platform
USD 10
400:1
Yes
🏆 10 Best Rated Forex Brokers
Broker
Min Deposit
Max Leverage
Official Site
10 Best CySEC Forex Brokers (2025)
- ☑️ EightCap – Overall, the Best CySEC Regulated Forex Broker
- ☑️ Octa – The Best MetaTrader 5 Forex Broker
- ☑️ XM – Low Minimum Deposit Forex Broker
- ☑️ FxPro – The Best MetaTrader 4 Forex Broker
- ☑️ XTB – WSE Listed Forex Broker
- ☑️ FBS – Best Mobile Trading Experience
- ☑️ Pepperstone – Highly Regulated Forex Broker
- ☑️ HFM – Excellent Bonus Offers and Promotions
- ☑️ Tickmill – Best Overall Offering
- ☑️ AvaTrade – Popular Broker for Active Traders
1. EightCap
Eightcap is a trusted Forex and CFD broker that has been in operation since 2009, offering a broad selection of trading instruments, competitive spreads, and various account types. The broker is regulated by reputable authorities such as ASIC, FCA, CySEC, and SCB, ensuring a secure and dependable trading environment.
In addition to its regulatory standing, Eightcap provides excellent customer support, multiple deposit and withdrawal options, and access to powerful trading platforms like MetaTrader 4 and MetaTrader 5. These features make the broker suitable for both experienced traders and those just starting out. However, its regulatory coverage in certain regions may raise concerns for some traders.
| 🔎 Broker Name | 🥇 Eightcap |
| 📌 Year Founded | 2009 |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | ASIC FCA CySEC SCB |
| 🌎 Country of Regulation | Australia UK Europe Bahamas |
| 🤓 Suited to Professionals | ✅Yes |
| 😎 Suited to Active Traders | ✅Yes |
| 💖 Suited to Beginners | ✅Yes |
| 🥰 Most Notable Benefit | Low spreads and access to a wide range of trading instruments |
| 🥺 Most Notable Disadvantage | Limited regulatory coverage (only regulated in Australia and SVG) |
| 🔂 Account Segregation | ✅Yes |
| 🪫 Negative Balance Protection | ✅Yes |
| 🔋 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 💴 Minor Account Currencies | ✅Yes |
| 💶 Minimum Deposit | 100 USD |
| ⏰ Average Deposit Processing Time | Instant (varies by method) |
| ⏲️ Average Withdrawal Processing Time | 1-3 business days |
| 💵 Fund Withdrawal Fee | No withdrawal fee |
| ↪️ Spreads From | 0.0 pips |
| 💵 Commissions | Yes (depends on account type) |
| 💷 Number of Base Currencies | 6 |
| 💳 Swap Fees | ✅Yes |
| 🔖 Leverage | Up to 500:1 |
| 🏷️ Margin Requirements | Varies by instrument and account type |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖱️ Order Execution Time | 0.1 seconds |
| 💻 VPS Hosting | ✅Yes |
| 🔢 Total CFDs Offered | 1,000+ |
| 📈 CFD Stock Indices | ✅Yes |
| 🍊 CFD Commodities | ✅Yes |
| 📉 CFD Shares | ✅Yes |
| 📊 Deposit Options | Bank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin |
| 💹 Withdrawal Options | Bank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin |
| ⚙️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader |
| 📌 OS Compatibility | Windows, MacOS, iOS, Android |
| 📍 Forex Trading Tools | Technical analysis tools, Expert Advisors (EAs), VPS hosting |
| 🔊 Live Chat | ✅Yes |
| 💌 Support Email | global@eightcap.com |
| ☎️ Contact Number | +61 3 8592 2375 |
| 🐦 Social Media | Facebook, Twitter, LinkedIn, YouTube |
| 🗯️ Languages | English, Chinese, Arabic, Spanish, and others |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Education | Market analysis, guides, tutorials |
| 🫰🏻 Affiliate Program | ✅Yes |
| 🤝 IB Program | ✅Yes |
| 🫶 Acts as Sponsor | ✅Yes |
| ⭐ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.7/5
Min Deposit
USD 100
Regulators
ASIC, SCB, CySEC, FCA
Trading Platform
MT4, MT5, TradingView
Crypto
Yes
Total Pairs
45
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅Pros | ❌Cons |
| Low Forex Fees | Limited Product Selection |
| Quick Account Application | Limited Research |
| Free Deposit and Withdrawal | Lack of Investor Protections |
Frequently Asked Questions
Is Eightcap a regulated broker?
Yes, Eightcap is regulated by several top-tier authorities, including ASIC, FCA, CySEC, and SCB. This provides a high level of security and trust for traders.
What trading platforms does Eightcap offer?
Eightcap offers MetaTrader 4 and MetaTrader 5, both of which are powerful, widely-used platforms with a variety of tools to help traders execute trades efficiently.
Can I trade a variety of instruments with Eightcap?
Yes, Eightcap provides access to a wide range of trading instruments, including Forex, CFDs, and other assets, allowing traders to diversify their portfolios.
Are there concerns about Eightcap’s regulatory coverage?
While Eightcap is regulated by reputable authorities, its regulatory coverage is limited in certain regions, which could be a concern for some traders looking for more extensive regulatory oversight.
Overall Rating
- 4.7/5
Min Deposit
USD 100
Regulators
ASIC, SCB, CySEC, FCA
Trading Platform
MT4, MT5, TradingView
Crypto
Yes
Total Pairs
45
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
Eightcap is a well-regarded broker with a strong reputation for offering low spreads, a wide variety of trading instruments, and access to popular trading platforms. Its strong regulatory backing in key regions and solid customer support make it a reliable choice for many traders.
2. Octa
Founded in 2011, Octa is a reliable online broker regulated by authorities such as CySEC, MISA, and FSCA. With a strong emphasis on safety, it offers features like account segregation and negative balance protection. Octa provides a variety of account types, including institutional and managed accounts, with a low minimum deposit of just 25 USD.
| 🔎 Broker | 🥇 Octa |
| 📌 Year Founded | 2011 |
| 📍 Publicly Traded (Listed Company) | Not Publicly Traded |
| Regulation | CySEC MISA FSCA FSC |
| 🌎 Country of Regulation | Cyprus Comoros South Africa Mauritius |
| 🛡️ Safety and Security | High |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| 💱 Minor Account Currencies | ✅Yes |
| 💴 Minimum Deposit | 25 USD |
| ⏰ Average Deposit/Withdrawal Processing Time | Varies by method |
| 💶 Fund Withdrawal Fee | Varies by method |
| ↪️ Spreads From | 0.0 pips |
| 💵 Commissions | Variable |
| 💷 Number of Base Currencies Supported | 30+ |
| 💳 Swap Fees | Varies |
| ⭐ Leverage | Up to 1:500 |
| 📝 Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⚡ Order Execution Time | Microseconds |
| 🗂️ VPS Hosting | Available for some accounts |
| 📊 CFDs Total | 300+ |
| 📈 CFD Stock Indices | ✅Yes |
| 🍏 CFD Commodities | ✅Yes |
| 📉 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| 🖱️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) OctaTrader |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex Trading Tools | Technical indicators, charting tools, VPS hosting |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email Address | support@octa.com |
| ☎️ Customer Support Contact Number | Varies by region |
| ⭐ Social Media Platforms | Facebook, Twitter, LinkedIn, |
| 📈 Languages Supported on Website | Multiple Languages |
| 📉 Forex Course | ✅Yes |
| 📊 Webinars | ✅Yes |
| 💹 Educational Resources | Articles, Guides, Video tutorials |
| 🤝 Affiliate Program | ✅Yes |
| 👥 IB Program | ✅Yes |
| 🏆 Sponsor Notable Events or Teams | ✅Yes |
| ❤️ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.9/5
Min Deposit
USD 25
Regulators
CySEC, MISA, FSCA, FSC
Trading Platform
MT5, OctaTrader
Crypto
Yes
Total Pairs
52
Islamic Account
Yes
Trading Fees
No
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive Spreads | Limited Cryptocurrency Options |
| Diverse Trading Platforms | Potential for Wider Spreads During High Volatility |
| Variety of Account Types | High Leverage Risks |
| Forex and CFDs offered | Some account types may incur fees on withdrawals |
| Regulated by Multiple Authorities | May offer fewer advanced research tools when Compared |
Frequently Asked Questions
What are the account types available at Octa?
Octa offers various account types, including institutional and managed accounts, along with Islamic and demo accounts.
What is the minimum deposit to start trading with Octa?
The minimum deposit required to open an account with Octa is 25 USD.
How long does it take to process withdrawals at Octa?
Withdrawal processing times at Octa vary depending on the chosen method.
Which trading platforms can I use with Octa?
Octa provides access to several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and OctaTrader, compatible with multiple operating systems.
Overall Rating
- 4.9/5
Min Deposit
USD 25
Regulators
CySEC, MISA, FSCA, FSC
Trading Platform
MT5, OctaTrader
Crypto
Yes
Total Pairs
52
Islamic Account
Yes
Trading Fees
No
Account Activation
24 Hours
Our Verdict
Octa is an appealing choice for traders seeking a secure and versatile trading environment. With strong regulatory backing, a low minimum deposit, and extensive educational resources, it effectively caters to both novice and experienced traders. The combination of competitive trading conditions and robust customer support makes Octa a solid option for those looking to navigate the forex and CFD markets.
3. XM
Established in 2009, XM is a prominent online broker regulated by multiple authorities, including ASIC and CySEC. With a strong workforce of over 450 employees and more than 5 million active traders globally, XM prioritizes safety and security through features like account segregation and negative balance protection.
The broker offers a low minimum deposit of just 5 USD, zero commissions on most accounts, and competitive spreads starting from 0.6 pips.
| 🔎 Broker | 🥇 XM |
| 📌 Year Founded | 2009 |
| 👤 Amount of Staff | 450+ employees |
| 👥 Amount of Active Traders | 5,000,000+ traders worldwide |
| 📍 Publicly Traded | None |
| 📈 Regulation | Financial Services Commission (FSC) |
| ⭐ Safety and Security | High |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | None |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, JPY, AUD |
| 💶 Minimum Deposit | 5 USD |
| ⏰ Average Deposit/Withdrawal Time | 24 hours |
| 💵 Fund Withdrawal Fee | None |
| 💱 Spreads From | 0.6 pips on major pairs |
| 💷 Commissions | Zero commissions on most account types |
| 🔟 Number of Base Currencies | 11+ |
| 💰 Swap Fees | ✅Yes |
| 📊 Leverage | Up to 1:888 |
| 💹 Margin Requirements | Variable |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 📈 Order Execution Time | 0.01 seconds |
| 🖥️ VPS Hosting | Free VPS |
| 📍 CFDs Total | 1,000+ |
| 📑 CFD Stock Indices | 14+ |
| 🍎 CFD Commodities | 8+ |
| 📌 CFD Shares | 1,200+ |
| 🅰️ Deposit Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
| 🅱️ Withdrawal Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
| ⭐ Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 💻 OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️ Forex Trading Tools | Technical analysis, trading signals, economic calendar, Autochartist |
| 🩷 Customer Support | Multiple Channels |
| 🥰 Live Chat Availability | 24/5 |
| 💌 Customer Support Email | support@xm.com |
| ☎️ Customer Support Contact Number | +501 223-6696 +501 227-9421 |
| 💡 Social Media Platforms | Facebook, Twitter, Instagram, LinkedIn, YouTube |
| ✏️ Languages Supported | 25+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📒 Educational Resources | Video tutorials, trading guides, market analysis, blog |
| 🤝 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | 100,000+ |
| 🗄️ IB Program | ✅Yes |
| 🏆 Sponsors events or teams | ✅Yes |
| 🏷️ Rebate Program | ✅Yes |
| 🔖 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.9/5
Min Deposit
USD 5
Regulators
FSC
Trading Platform
MT4, MT5, XM App
Total Pairs
55
Islamic Account
Yes
Trading Fees
No hidden fees
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Highly Regulated | Inactivity Fees |
| Diverse Account Types | No U.S. Clients |
| Low Minimum Deposit | Higher Spreads on Select Accounts |
| No Requotes | Withdrawal Fees |
| Tight Spreads | High Leverage Risks |
| Multiple Platforms | Account Verification Process |
| Variety of Instruments | Limited Proprietary Tools |
| Free VPS Hosting | Language Support Limitations |
| Multilingual customer support | Geographic Restrictions |
Frequently Asked Questions
What account types are available at XM?
XM offers various account types, including standard, micro, and demo accounts, as well as Islamic accounts, but does not provide institutional or managed accounts.
What is the minimum deposit to start trading with XM?
The minimum deposit required to open an account with XM is just 5 USD.
How long does it take for deposits and withdrawals at XM?
XM typically processes deposits and withdrawals within 24 hours, ensuring quick access to funds.
Which trading platforms does XM support?
XM supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), compatible with multiple operating systems including Windows, macOS, Android, and iOS.
Overall Rating
- 4.9/5
Min Deposit
USD 5
Regulators
FSC
Trading Platform
MT4, MT5, XM App
Total Pairs
55
Islamic Account
Yes
Trading Fees
No hidden fees
Account Activation
24 Hours
Our Verdict
XM is a well-rounded broker that caters to a diverse range of traders with its robust security measures and competitive trading conditions. The low minimum deposit, extensive educational resources, and a commitment to customer support make it an excellent choice for both new and experienced traders looking to thrive in the forex and CFD markets.
4. FxPro
Founded in 2006, FxPro is a well-regarded online broker regulated by several authorities, including the FCA in the UK and CySEC in Cyprus. With over 200 employees and 1.8 million active traders, FxPro emphasizes high safety standards, offering features like account segregation and negative balance protection.
The broker requires a minimum deposit of $100 and provides competitive spreads starting from 0.0 pips, with no commissions on trades.
| 🔎 Broker | 🥇 FxPro |
| 📌 Year Founded | 2006 |
| 👤 Amount of Staff | 200+ |
| 👥 Active Traders | 1.8+ million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FCA (UK), SCB (Bahamas) |
| 🌎 Country of Regulation | United Kingdom, Cyprus, South Africa, Bahamas |
| 🔐 Safety and Security | High |
| ↪️ Account Segregation | ✅Yes |
| ⭐ Negative Balance Protection | ✅Yes |
| 📑 Investor Protection Schemes | FSCS (UK), ICF (Cyprus) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, ZAR |
| 💶 Minimum Deposit | $100 |
| 💵 Fund Withdrawal Fee | None |
| ⚙️ Spreads From | 0.0 pips |
| 💷 Commissions | None |
| 7️⃣ Base Currencies Supported | 7 |
| 💰 Swap Fees | ✅Yes |
| 📈 Leverage | Up to 1:500 |
| 📉 Margin Requirements | Varies by instrument |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Typically under 11.06 ms |
| 🖱️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | 430+ |
| 📊 CFD Stock Indices | 20+ |
| 🍎 CFD Commodities | 20+ |
| 📉 CFD Shares | 150+ |
| 🅰️ Deposit Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🅱️ Withdrawal Options | Bank transfer, Credit/Debit, PayPal, Neteller, Skrill |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, FxPro Mobile |
| 🖥️ OS Compatibility | Windows, macOS, iOS, Android |
| 📐 Forex Trading Tools | Economic calendar, Forex calculators, Trading Central, Autochartist |
| 🩷 Customer Support | Multiple Options |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Support Email Address | musupport@fxpro.com |
| ☎️ Support Contact Number | Callback Request |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, Instagram, YouTube |
| ⏩ Educational Resources | Articles, videos, tutorials, guides, blogs |
| ✏️ Languages Supported | 30+ |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| 📐 Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating Min Deposit USD 100 Regulators FCA, SCB Trading Platform MT4, MT5, cTrader, FxPro Platform Crypto Yes Total Pairs 69+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers high leverage, although it's essential to use it responsibly. | Minimum deposit for some account types might be higher than other brokers. |
| Competitive Spreads | Inactivity Fees |
| Free deposit and withdrawal | Spread Betting (UK Only) |
Frequently Asked Questions
What types of accounts does FxPro offer?
FxPro provides various account types, including standard and Islamic accounts, as well as options for institutional accounts but does not offer managed accounts.
What is the minimum deposit to start trading with FxPro?
The minimum deposit required to open an account with FxPro is $100.
Are there any withdrawal fees at FxPro?
There are no fees for withdrawing funds from your FxPro account.
Which trading platforms can I use with FxPro?
FxPro supports several trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Mobile, compatible with multiple operating systems.
Overall Rating Min Deposit USD 100 Regulators FCA, SCB Trading Platform MT4, MT5, cTrader, FxPro Platform Crypto Yes Total Pairs 69+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Our Verdict
FxPro stands out as a robust broker offering a secure and diverse trading environment. With competitive trading conditions, a low minimum deposit, and a range of educational resources, it is well-suited for both novice and experienced traders aiming to succeed in the forex and CFD markets.
5. XTB
Founded in 2002, XTB is a leading online broker publicly traded on the Warsaw Stock Exchange, regulated by authorities such as the FCA and KNF. With a substantial workforce of around 2,000 employees and over 500,000 active traders, XTB emphasizes safety through account segregation and negative balance protection.
| 🔎 Broker | 🥇 XTB |
| 📌 Year Founded | 2002 |
| 👤 Amount of Staff | Approximately 2,000 |
| 👥 Amount of Active Traders | Over 500,000 |
| 📍 Publicly Traded | Warsaw Stock Exchange (WSE) |
| 📈 Regulation | FCA, KNF, IFSC, CySEC |
| 🌎 Country of Regulation | UK (FCA), Poland (KNF) |
| 📉 Account Segregation | ✅Yes |
| 📊 Negative Balance Protection | ✅Yes |
| 💹 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💰 Minor Account Currencies | Major, Minor |
| 💴 Minimum Deposit | Varies by account type |
| ⚡ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💶 Fund Withdrawal Fee | None |
| 📐 Spreads From | From 0.1 pips |
| 💶 Commissions | Variable |
| 💵 Number of Base Currencies Supported | 30+ |
| 💷 Swap Fees | ✅Yes |
| 🔖 Leverage | Up to 1:500 |
| 🏷️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖇️ Order Execution Time | Milliseconds - Seconds |
| 🖥️ VPS Hosting | Select accounts |
| 📈 CFDs Total Offered | Over 2,000 |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets, etc. |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets, etc. |
| 🖱️ Trading Platforms | xStation 5 |
| ⭐ OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex Trading Tools | Charting tools, technical analysis |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | Varies by region |
| 💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
| 🚩 Languages Supported | Multiple languages |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, tutorials, etc. |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| 🔖 Notable Events or Teams | ✅Yes |
| 🏷️ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.6/5
Min Deposit
USD 0
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
MT4, xStation
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Negative balance protection | Limited managed account options |
| Islamic (swap-free) accounts available | Support response times may vary |
| Strong educational resources | VPS hosting for specific accounts only |
| Demo account available | Complex fee structure |
| Good customer support | Margin requirements can be high |
| No withdrawal fees | May have complex fee structure |
Frequently Asked Questions
What types of accounts does XTB offer?
XTB provides several account types, including options for both retail and institutional traders, but does not offer managed accounts.
What is the minimum deposit required at XTB?
The minimum deposit varies by account type, so it’s essential to check specific account details.
Are there any fees for withdrawing funds from XTB?
XTB does not charge any fees for fund withdrawals.
What trading platform does XTB use?
XTB utilizes the xStation 5 trading platform, known for its advanced features and compatibility with Windows, macOS, iOS, and Android devices.
Overall Rating
- 4.6/5
Min Deposit
USD 0
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
MT4, xStation
Crypto
Yes
Total Pairs
48
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
XTB emerges as a strong contender in the online trading space, combining robust security measures with a comprehensive range of trading instruments. With its user-friendly platform, competitive trading conditions, and a wealth of educational resources, XTB is well-suited for traders at all levels, making it a compelling choice for those looking to engage in forex and CFD trading.
6. FBS
Founded in 2009, FBS is a popular online broker regulated by authorities like the FSC, CySEC, and ASIC. With a staff of 243 and over 27 million active traders, FBS emphasizes security through account segregation and negative balance protection. The broker offers a low minimum deposit of just 5 USD and provides a variety of account types, including Standard and Cent accounts.
| 🔎 Broker | 🥇 FBS |
| 📅Year Founded | 2009 |
| 🧑🏻💻Amount of staff | 243 |
| 👩💻Amount of active traders | Over 27 Million |
| 🌐Publicly Traded | None |
| 🛡️Regulation | FSC, CySEC, ASIC |
| 🌎Country of regulation | Cyprus (CySEC), Belize (FSC), Australia (ASIC) |
| 💻Account Segregation | ✅Yes |
| 🪫Negative balance protection | ✅Yes |
| 🔋Investor Protection Schemes | ✅Yes |
| ➕Accounts | Standard Account |
| 💳Institutional Accounts | ✅Yes |
| 👨💼Managed Accounts | ✅Yes |
| 📇Minor account currencies | USD, EUR |
| 💰Minimum Deposit | 5 USD |
| 🕞Deposit/withdrawal processing | 1-3 business days |
| 🪙Fund Withdrawal Fee | Free, but may depend on payment method |
| 📊Spreads from | 0.7 pips |
| 💸Commissions | None |
| 💱Number of base currencies | Over 72 |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:3000 |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | ✅Yes |
| 💻Demo Account | ✅Yes |
| ⌛Order Execution | Typically within milliseconds |
| 📆VPS Hosting | Yes, for eligible clients |
| 🧾CFDs-Total Offered | Over 650+ |
| 🗠CFD Stock Indices | ✅Yes |
| ⚖️CFD Commodities | ✅Yes |
| 📜CFD Shares | ✅Yes |
| 💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
| 💵Withdrawal Options | Must be sent via the same payment method used for deposit |
| 💻Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS, Web |
| 🖥️Forex trading tools | ✅Yes |
| 🗣️Live chat availability | ✅Yes |
| 📱Customer Support email | support@fbs.com |
| 📞Customer Support Contact | +357 22 010970 |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported | 14 Languages |
| 🖺Forex course | ✅Yes |
| 🧏♀️Webinars | ✅Yes |
| 📚Educational Resources | ✅Yes |
| 🪪Affiliate program | ✅Yes |
| 👨🏫Amount of partners | 700 000 |
| 📋IB Program | ✅Yes |
| 🪙Rebate program | ✅Yes |
| 🚀Open an Account | Open Account |
Overall Rating Min Deposit USD 5 Regulators FSC, ASIC, CySEC Trading Platform MT4, MT5, FBS App Crypto Yes Total Pairs 550+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Minimum Deposit | Limited Investor Protection |
| High Leverage | Fees on Some Services |
| Multiple Trading Platforms | Variable Spread Costs |
| Demo Accounts | High Leverage Risks |
Frequently Asked Questions
What account types are available at FBS?
FBS offers Standard and Cent accounts, as well as options for institutional and managed accounts.
What is the minimum deposit required to start trading with FBS?
The minimum deposit to open an account with FBS is only 5 USD.
Are there any withdrawal fees at FBS?
While FBS generally does not charge withdrawal fees, it may depend on the payment method used.
Which trading platforms can I use with FBS?
FBS supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), compatible with various operating systems, including Windows, macOS, Android, and iOS.
Overall Rating Min Deposit USD 5 Regulators FSC, ASIC, CySEC Trading Platform MT4, MT5, FBS App Crypto Yes Total Pairs 550+ Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Our Verdict
FBS stands out as a user-friendly broker that combines a low minimum deposit with extensive trading options and high leverage. Its commitment to safety, comprehensive educational resources, and responsive support system make it an excellent choice for traders at all experience levels looking to engage in forex and CFD markets.
7. Pepperstone
Founded in 2010, Pepperstone is a well-established online broker known for its strong regulatory framework, including oversight from ASIC and FCA. With over 300 employees and more than 300,000 active traders, Pepperstone prioritizes safety with features such as account segregation and negative balance protection.
The broker offers a flexible trading environment with no minimum deposit requirement and competitive spreads starting from 0.0 pips.
| 🔎 Broker | 🥇 Pepperstone |
| 📌 Year Founded | 2010 |
| 👤 Amount of Staff | 300+ |
| 👥 Active Traders | 300,000+ |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| 🌎 Country of Regulation | UK, Australia, Cyprus |
| ⭐ Safety and Security | High |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| 📊 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | ✅Yes |
| 💶 Minimum Deposit | AU$10 |
| ⏰ Average Deposit/Withdrawal Processing Time | Depends on method |
| 💵 Fund Withdrawal Fee | None |
| ⭐ Spreads From | 0.0 pips |
| 💷 Commissions | ✅Yes |
| 🔢 Base Currencies | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD |
| 💳 Swap Fees | ✅Yes |
| ⏩ Leverage | 1:500 (Pro), 1:200 (Retail) (Retail Leverage is license-specific and can be as low as 1:30) |
| ▶️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 📈 Order Execution Time | Under 30ms |
| 📉 VPS Hosting | ✅Yes |
| 📊 CFDs Total | 1200+ |
| 💹 CFD Stock Indices | 14+ |
| 🍎 CFD Commodities | 20+ |
| 💱 CFD Shares | 900+ |
| 🅰️ Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
| 🅱️ Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView Proprietary Pepperstone Platform |
| 💻 OS Compatibility | Windows, macOS, iOS, Android, Web-based |
| ⚙️ Forex Trading Tools | Advanced charting, Autochartist, TradingView integration, Market Analysis |
| 🩷 Customer Support | Multiple Channels |
| 🥰 Live Chat Availability | 24/5 |
| 💌 Support Email Address | support@pepperstone.com |
| ☎️ Support Contact Number | +254 2038 93547/8/9 |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn, |
| ↪️ Languages Supported | 20+ |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, Videos, Trading Guides, eBooks |
| 🤝 Affiliate Program | ✅Yes |
| 📑 Amount of Partners | Thousands globally |
| 🗃️ IB Program | ✅Yes |
| 🗄️ Sponsors Notable Events or Teams | ✅Yes |
| 📇 Rebate Program | ✅Yes |
| ⭐ Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.9/5
Min Deposit
USD 10
Regulators
ASIC, FCA, CySEC, DFSA
Trading Platform
MT4, MT5, cTrader, TradingView, Pepperstone Platform
Crypto
Yes
Total Pairs
1000+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Responsive and friendly customer service | Costs of holding positions overnight can be significant |
| No inactivity fee | International bank transfers have a $20 fee |
| Educational Resources and Research Tools | The variety of platforms can be overwhelming for Beginners |
| Quick and easy account setup | No US Clients |
Frequently Asked Questions
What account types are available at Pepperstone?
Pepperstone offers a variety of accounts, including standard and professional accounts, but does not have cent or micro-accounts.
Is there a minimum deposit required to start trading with Pepperstone?
Pepperstone does not require a minimum deposit to open an account.
Are there any fees for withdrawing funds from Pepperstone?
Pepperstone does not charge withdrawal fees, allowing traders to withdraw their funds without extra costs.
Which trading platforms can I use with Pepperstone?
Pepperstone supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, compatible with various operating systems.
Overall Rating
- 4.9/5
Min Deposit
USD 10
Regulators
ASIC, FCA, CySEC, DFSA
Trading Platform
MT4, MT5, cTrader, TradingView, Pepperstone Platform
Crypto
Yes
Total Pairs
1000+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
Pepperstone is a robust broker offering a secure and versatile trading environment tailored to meet the needs of both novice and experienced traders. With no minimum deposit, competitive spreads, and a wealth of educational resources, it provides an excellent platform for those looking to engage in the forex and CFD markets.
8. HFM
Established in 2010, HFM has rapidly grown to serve over 1 million active traders and offers a diverse range of trading options. The broker operates under multiple regulatory authorities, including FSCA and FCA, ensuring a secure trading environment. With a minimum deposit of $0, HFM is accessible to all traders. It provides a variety of platforms, including MT4, MT5, and its proprietary trading app, along with over 1,000 CFDs across various asset classes.
| 🔎 Broker | 🥇 HFM |
| 📍 Year Founded | 2010 |
| 👤 Amount of staff | 200+ |
| 👥 Amount of active traders | Over 1 million |
| ↪️ Publicly Traded | No |
| 💴 Minimum Deposit | $0 |
| 📌 Regulation and Licenses | FSCA, DFSA, FSA, FCA, FSC, CMA |
| ⏰ Support Hours | 24/5 |
| ⚙️ Trading Platforms | MT4, MT5, HFM Trading App |
| 🎁 Bonus Offers | ✅Yes |
| 🪙 Crypto Trading | ✅Yes |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative balance protection | ✅Yes |
| ⭐ Investor Protection Schemes | Yes, up to €85,000 (FCA) |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | ✅Yes |
| ⏰ Avg. deposit processing time | Instant to 1 business day |
| ⏱️ Avg. Withdrawal processing time | 1-3 business days |
| 📈 Fund Withdrawal Fee | Varies by method, generally free |
| 📉 Spreads from | 0.0 pips |
| 📊 Commissions | Varies by account type and instrument |
| 💹 Number of base currencies | 40+ |
| 💱 Swap Fees | Varies by instrument and position duration |
| ⏸️ Leverage | Up to 1:1000 |
| ⏹️ Margin requirements | Varies by account and leverage |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏲️ Order Execution Time | Typically milliseconds to seconds |
| 🖱️ VPS Hosting | Available |
| 📑 CFDs Total Offered | 1,000+ |
| 🗃️ CFD Stock Indices | ✅Yes |
| 🍎 CFD Commodities | ✅Yes |
| 📇 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| 🚩 OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️ Forex trading tools | Economic calendar, trading signals, market analysis tools |
| 🥰 Live chat availability | ✅Yes |
| 💌 Support Email | Contact Form |
| ☎️ Support Contact | Varies by Region |
| 🐦 Social Media | Facebook, Twitter, LinkedIn, YouTube |
| 🗯️ Languages on Website | English, Spanish, German, Arabic |
| ✏️ Forex course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, Videos, Tutorials |
| 🫰🏻 Affiliate program | ✅Yes |
| 🫶 Amount of partners | Numerous |
| 🤝 IB Program | ✅Yes |
| 🏆 Sponsor notable events/teams | ✅Yes |
| 💷 Rebate program | ✅Yes |
| 🅰️ Cent Accounts | ✅Yes |
| 🅱️ Zero Accounts | ✅Yes |
| 😊 Suited to Beginners | ✅Yes |
| 😎 Suited to Professionals | ✅Yes |
| 🌟 Suited to Active Traders | ✅Yes |
| ▶️ Suited to Scalpers | ✅Yes |
| 🌞 Suited to Day Traders | ✅Yes |
| 🚀Open an Account | 👉 Open Account |
Overall Rating
- 4.8/5
Min Deposit
USD 0
Regulators
FSCA, DFSA, FCA, CMA, FSA
Trading Platform
MT4, MT5, HFM APP
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| High-Trust Score | Small range of tradable assets |
| Low Min. Deposit | Limited Customer Support |
| MT4 and MT5 | Limited Base Account Currency |
| Proprietary Platform | Withdrawal Fee may apply |
| Premium Trader Tools | Limited Customer Support |
| Micro Account | Trading Fees higher than Average |
Frequently Asked Questions
What account types does HFM offer?
HFM provides several account types, including standard, managed, zero, and cent accounts, catering to various trading styles.
Is there a minimum deposit required to open an account with HFM?
HFM does not require a minimum deposit, making it accessible for traders of all levels.
Are there any withdrawal fees at HFM?
While withdrawal fees vary by method, they are generally free for most options.
What trading platforms are available at HFM?
HFM offers popular trading platforms such as MT4, and MT5, and its own HFM Trading App, suitable for various operating systems.
Overall Rating
- 4.8/5
Min Deposit
USD 0
Regulators
FSCA, DFSA, FCA, CMA, FSA
Trading Platform
MT4, MT5, HFM APP
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
HFM stands out as a versatile broker that combines an accessible minimum deposit with a broad range of trading instruments and educational resources. With strong regulatory oversight and advanced trading features, HFM is well-suited for both beginners and experienced traders looking to navigate the forex and CFD markets.
9. Tickmill
Founded in 2014, Tickmill has quickly established itself as a reputable broker, servicing over 100,000 active traders. Regulated by authorities such as the FCA and CySEC, it ensures a secure trading environment with features like account segregation and negative balance protection. Tickmill offers a minimum deposit of $100 and provides access to various trading instruments, including over 80 CFDs.
With competitive spreads starting from 0.0 pips on ECN accounts and leverage of up to 1:500, it caters to both novice and experienced traders.
| 🔎 Broker | 🥇 Tickmill |
| 📌 Year Founded | 2014 |
| 👤 Amount of Staff | Approximately 100 |
| 👥 Amount of Active Traders | Over 100,000 |
| 📍 Publicly Traded | None |
| 📈 Regulation | FCA, CySEC, FSA |
| 📉 Country of Regulation | UK, Cyprus, Seychelles |
| 📊 Account Segregation | ✅Yes |
| 💹 Negative Balance Protection | ✅Yes |
| 💱 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | 5+ |
| 💶 Minimum Deposit | $100 |
| ⚡ Average Deposit/Withdrawal Processing Time | 1-2 business days withdrawals |
| 💵 Fund Withdrawal Fee | Generally free |
| 📌 Spreads From | 0.0 pips (ECN accounts) |
| 💷 Commissions | Variable |
| 🔢 Number of Base Currencies Supported | Over 50 |
| 💳 Swap Fees | Applicable. Varies. |
| ⭐ Leverage | Up to 1:500 (Forex trading) |
| 📍 Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖥️ Order Execution Time | Milliseconds |
| 💻 VPS Hosting | Available for a fee |
| 📈 CFDs - Total Offered | 80+ |
| 📉 CFD Stock Indices | ✅Yes |
| 🍎 CFD Commodities | ✅Yes |
| 📊 CFD Shares | ✅Yes |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖱️ Forex Trading Tools | Advanced charting, market analysis tools |
| ⭐ Customer Support | ✅Yes |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | +44 20 8089 0385 |
| 💙 Social Media Platforms | Facebook, Twitter, |
| ⚙️ Languages Supported on Tickmill Website | English, Spanish, German, Arabic |
| ↪️ Education and Research | ✅Yes |
| 📔 Forex Course | ✅Yes |
| ✏️ Webinars | ✅Yes |
| 📚 Educational Resources | Comprehensive Resources |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous Worldwide |
| 🫰🏻 IB Program | ✅Yes |
| ⭐ Do They Sponsor Any Notable Events or Teams | ✅Yes |
| 🎁 Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating Min Deposit USD 100 Regulators CySEC, FCA, FSA, FSCA, Labuan FSA Trading Platform MT4, MT5 Crypto Yes Total Pairs 62 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Well-Regulated | Limited Platforms |
| Full MetaTrader Suite | Less Competitive Pricing on Classic account |
| Low Minimum Deposit | Commission on Raw Accounts |
| Competitive Spreads | Limited Educational Resources |
| No Commissions on Classic Account | Withdrawal Fees on Certain Methods |
| Flexible Account Options | No Managed Accounts |
| User-Friendly Platforms | Limited Research Tools |
Frequently Asked Questions
What account types are available at Tickmill?
Tickmill offers multiple account types, including ECN and Classic accounts, to suit different trading preferences.
Is there a minimum deposit required to start trading?
Yes, the minimum deposit to open an account with Tickmill is $100.
Are there any fees for withdrawing funds?
Withdrawal fees are generally free, depending on the payment method used.
What trading platforms can I use with Tickmill?
Tickmill provides access to popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), compatible with various operating systems.
Overall Rating Min Deposit USD 100 Regulators CySEC, FCA, FSA, FSCA, Labuan FSA Trading Platform MT4, MT5 Crypto Yes Total Pairs 62 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Our Verdict
Tickmill combines robust regulatory oversight with a user-friendly trading environment, making it an attractive choice for traders at all levels. With its competitive pricing, diverse account options, and extensive educational resources, Tickmill aims to support traders in achieving their financial goals effectively.
10. AvaTrade
Established in 2006 and headquartered in Dublin, Ireland, AvaTrade is a highly regulated broker offering over 19,000 trading assets across various markets. With licenses from multiple jurisdictions, including the Central Bank of Ireland and ASIC, it prioritizes safety and security through account segregation and negative balance protection.
AvaTrade has a minimum deposit requirement of $100 and provides a range of trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary AvaTradeGO.
| 🔎 Broker | 🥇 AvaTrade |
| 📈 Established Year | 2006 |
| 🏦 Headquarters | Dublin, Ireland |
| ⏩ Publicly Traded | None |
| 📉 Regulation and Licenses | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 📉 Tier-1 Licenses | 4 |
| 📊 Tier-2 Licenses | 3 |
| 💴 Min. Deposit | 100 USD |
| 🚩Safety and Security | Very High |
| 🔃 Account Segregation | ✅Yes |
| 🔒 Negative Balance Protection | Offered |
| 🔏 Investor Protection Schemes | Participates in relevant schemes |
| 🆓 Demo Account | ✅Yes |
| ☪️ Islamic Account | ✅Yes |
| 📈 Traded Assets | 19'000+ |
| 💶 Trading Fees | Spread Only |
| 💵 Inactivity Fee | ✅Yes |
| 💷 Deposit Fees | None |
| 💰 Withdrawal Fees | None |
| 🖱️ Trading Platforms | AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, ZuluTrade |
| 4️⃣ MetaTrader 4 | ✅Yes |
| 5️⃣ MetaTrader 5 | ✅Yes |
| 🎁 Bonuses | Referral Bonus |
| ⏰ Support Hours | 24/5 |
| 📌 Account Types | Retail, Islamic, Professional |
| 🪙 Base Currencies | ZAR, USD, GBP, AUD |
| ▶️ Leverage | 1:30 (Retail), 1:400 (Pro) |
| 💵 Currency Pairs | 51+ |
| 🥰 Website Languages | Multiple |
| 🤝 Affiliate Program | ✅Yes |
| ❌ Banned Countries | United States, Belgium, Syria, Iran, New Zealand, Cuba |
| 🅰️ Scalping | ✅Yes |
| 🅱️ Hedging | ✅Yes |
| 📐 Trading Instruments | Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, CFDs |
| 💳 Deposit Methods | Credit/debit cards, bank transfers, e-wallets |
| 💸 Withdrawal Methods | Similar to deposit methods |
| ⏲️ Withdrawal Time | Typically 1-3 business days |
| 😊 Support Channels | Live chat, email, phone |
| 📝 Educational Resources | Webinars, tutorials, market analysis |
| 🗂️ Risk Management Tools | AvaProtect, stop-loss, take-profit |
| 📲 Mobile Trading | iOS and Android |
| 🚀Open an Account | 👉 Click Here |
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Negative balance protection | Slow withdrawal - over 3 days |
| Free withdrawal | High inactivity fees |
| Great research tools | Average CFD fees |
| Regulated by multiple financial authorities | Higher Spreads for Standard Account |
| Diverse Asset Range | Varying levels of responsiveness in customer support |
| Competitive Spreads | Slow processing of deposits |
Frequently Asked Questions
What types of accounts are available?
AvaTrade offers Retail, Islamic, and Professional account types to accommodate diverse trading needs.
Are there any fees for deposits and withdrawals?
There are no deposit or withdrawal fees, making it cost-effective for traders.
What educational resources does AvaTrade provide?
AvaTrade offers webinars, tutorials, and market analysis to help traders improve their skills.
Can I trade on mobile?
Yes, AvaTrade supports mobile trading on both iOS and Android devices.
Overall Rating
- 4.8/5
Min Deposit
USD 100
Regulators
ASIC, FSA, CBI, BVI, FSCA, FRSA, ISA
Trading Platform
MT4, MT5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Our Verdict
AvaTrade stands out for its extensive asset offerings, strong regulatory framework, and user-friendly trading environment. With multiple account types, competitive trading conditions, and valuable educational resources, it is well-suited for traders of all experience levels.
What is CySEC?
CySEC, or the Cyprus Securities and Exchange Commission, is the financial regulatory authority of Cyprus. Established in 2001, its primary role is to supervise and regulate the securities market in Cyprus, ensuring transparency, fairness, and compliance with EU laws.
Key Functions:
- CySEC oversees investment firms, the securities market, and collective investment schemes.
- It grants licenses to financial entities, ensuring they meet specific regulatory standards.
- CySEC enforces compliance with laws and regulations, taking action against firms that violate rules.
- It aims to safeguard investors by promoting transparency and integrity in the market.
CySEC plays a crucial role in maintaining a stable financial environment in Cyprus, making it an attractive hub for international finance and investment services.
In Conclusion
CySEC plays a pivotal role in regulating the financial landscape of Cyprus, ensuring market integrity and investor protection. Its comprehensive oversight and licensing processes establish a secure environment for both local and international financial entities, ultimately contributing to Cyprus’s reputation as a key financial hub in the EU.
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Frequently Asked Questions
What does CySEC stand for?
Cyprus Securities and Exchange Commission.
What is the main purpose of CySEC?
To regulate and supervise the securities market in Cyprus.
How does CySEC protect investors?
By enforcing regulations and promoting transparency in the financial markets.
What types of firms does CySEC regulate?
Investment firms, collective investment schemes, and other financial entities.
How can a company obtain a license from CySEC?
By meeting specific regulatory requirements and submitting a detailed application.
What are the penalties for non-compliance?
Fines, suspension of licenses, or legal action against offending firms.
Is CySEC a member of the European Securities and Markets Authority (ESMA)?
Yes, CySEC collaborates with ESMA on regulatory matters.
Can foreign companies operate under CySEC regulations?
Yes, as long as they meet licensing and regulatory requirements.
How can investors file complaints with CySEC?
Through their official website or designated complaint channels.
What resources does CySEC provide for investors?
Educational materials, guidelines, and market updates to inform and protect investors.
Top 4 Brokers
