Online trading platforms in Cyprus
Who can legally serve Cyprus residents, and how they rank. Rankings use the licensed entity each broker would open your account with. Local regulators: CySEC.
Forex brokers
Full ranking (28) →- 1
FxProCySEC · Tier 23.9/5 - 2
Capital.comCySEC · Tier 24.2/5 - 3
FOREX.comCySEC · Tier 23.9/5
CFD brokers
Full ranking (30) →- 1
eToroCySEC · Tier 23.7/5
- 2
FxProCySEC · Tier 23.9/5 - 3
Capital.comCySEC · Tier 24.2/5
Stock brokers & investing apps
Full ranking (9) →- 1
eToroCySEC · Tier 23.6/5
- 2
Interactive BrokersCBI · Tier 14.1/5 - 3
XTBCySEC · Tier 23.7/5
Crypto exchanges
Full ranking (19) →- 1
CoinbaseCSSF · Tier 14.1/5 - 2
RevolutCySEC · Tier 23.6/5 - 3
Crypto.comMFSA · Tier 24.0/5
Rules in Cyprus
Quoted from the regulators. Coinish only links to providers whose entity is allowed to serve Cyprus residents.
Forex
Local licence requiredBrokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. Retail forex is offered as CFDs, which CySEC restricts under its Cyprus National Product Intervention Measures (leverage limits, margin close-out, negative balance protection).
Regulator sources (2)
“the content of Cyprus National Product Intervention Measures”
cysec.gov.cy · Oct 6, 2026
“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026
CFDs
Local licence requiredBrokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. CySEC restricts CFDs for retail clients under its Cyprus National Product Intervention Measures.
Regulator sources (2)
“the content of Cyprus National Product Intervention Measures”
cysec.gov.cy · Oct 6, 2026
“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026
Stocks & ETFs
Local licence requiredBrokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport.
Regulator sources (1)
“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026
Crypto
Local licence requiredSince the MiCA transitional period ended on 1 July 2026, crypto platforms serving EU residents need MiCA authorisation as a crypto-asset service provider (CASP) in an EU member state.
Regulator sources (2)
“Articles 109 and 110 of the MiCA Regulation empower ESMA to publish a central register of crypto-asset white papers, authorised crypto-asset service providers, and non-compliant entities”
esma.europa.eu · Oct 5, 2026
“Regulation (MiCA) on 1 July 2026”
esma.europa.eu · Oct 5, 2026