Cyprus Securities and Exchange Commission (CySEC) Brokers 2025

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Written By
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Paul Holmes
Paul has over 14 years experience in the trading industry, both as a full-time trader and working with leading brokers. He’s traded indices and forex, developed proprietary day trading techniques, and built his own MetaTrader algorithms. He excels at delivering simple-to-follow guides for beginners to experienced traders.  
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James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Fact Checked By
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Michael MacKenzie
Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
Updated

The Cyprus Securities and Exchange Commission (CySEC), a top European regulator with ‘green tier’ status in our Regulation & Trust Rating, ensures brokers maintain a secure environment for active traders like you and me.

Dig into the top CySEC-regulated trading platforms, personally tested by our experts and updated for 2025.

Best CySEC Brokers

Over 20% of the brokers we've evaluated out of our 216-strong database are authorized by the CySEC so the competition was tough. However, these 1 providers emerged as the absolute best following our rigorous tests:

Click a broker for details
  1. 1
    RedMars

    Ratings
    3.3 / 5
    3.5 / 5
    3.8 / 5
    3.5 / 5
    3.8 / 5
    4 / 5
    2.8 / 5
    3 / 5
    4.7 / 5
    4.6 / 5

    €250
    0.01 Lots
    1:30 (Retail), 1:500 (Pro)
    CySEC, AFM
    CFDs, Forex, Stocks, Indices, Commodities, Cryptos
    MT5
    Credit Card, Wire Transfer, Debit Card, Sticpay, FasaPay, Bitcoin Payments, Trustly, PayPal, Skrill, Neteller, Klarna, Mastercard, Visa
    USD, EUR

Here is a short overview of each broker's pros and cons

  1. RedMars - Launched in 2020, Cyprus-based RedMars offers competitive spreads on more than 300 instruments and leverage up to 1:500. Three accounts are available - Standard, Pro and VIP - serving a range of budgets and experience levels, with a fast and fully digital account opening process.

CySEC Brokers Comparison

CySEC Brokers Comparison
Broker CySEC Regulated EUR Account Minimum Deposit Markets Platforms Leverage
RedMars logo
€250 CFDs, Forex, Stocks, Indices, Commodities, Cryptos MT5 1:30 (Retail), 1:500 (Pro)

RedMars

"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."

Christian Harris, Reviewer

RedMars Quick Facts

Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Cryptos
RegulatorCySEC, AFM
PlatformsMT5
Minimum Deposit€250
Minimum Trade0.01 Lots
Leverage1:30 (Retail), 1:500 (Pro)
Account CurrenciesUSD, EUR

Pros

  • The broker supports a range of flexible payment methods, including wire transfers, credit cards, e-wallets, and notably cryptocurrencies
  • RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
  • Clients in the EU, in particular, can trade with peace of mind knowing RedMars is authorized by the CySEC with up to €20K compensation available through the ICF in the event of bankruptcy

Cons

  • RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
  • While RedMars' spreads are within industry averages, they don't offer a significant edge over the cheapest day trading brokers we've personally used, notably IC Markets
  • The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.

Methodology

To rank the top CySEC-authorized brokerages, we:

  • Leveraged our near-daily updated directory of 216 brokers to locate those claiming a CySEC license.
  • Confirmed their credentials on CySEC’s register of Regulated Entities, removing any that aren’t authorized.
  • Blended the results with our firsthand tests and 200+ data points to list the 10 best.

How Can I Check If A Broker Is Regulated By The CySEC?

Verifying whether a broker is CySEC-regulated is a simple but vital step to ensure your trading safety.

Here’s a step-by-step walkthrough of the steps I took to check that eToro was regulated.

I’d expect a firm of eToro’s standing to be registered and authorized to conduct its business in every global jurisdiction it trades.

Its compliance department will be one of the firm’s most active divisions and will have staff who should ensure every t is crossed and every i is dotted.

However, a check takes no time at all…

Step 1: Visit CySEC’s Official Website

The first step is to go to the official CySEC website.

Step 2: Navigate To The ‘Regulated Entities’ Section

Look for the ‘Regulated Entities’ tab on the homepage in the menu. Hover over it, and a dropdown list will appear with categories like:

For brokers, select ‘Investment Firms (CIFs)’

Navigating to Regulated Entities on CySEC website

Step 3: Use The Search Function

You’ll be directed to a searchable list of licensed entities.

  1. Enter the broker’s name or their license number in the search bar
  2. Hit ‘Search’ to view the results

You can see where I punched eToro’s name into the search bar below.

Searching eToro in the CySEC register of regulated trading firms

Step 4: Verify The Broker’s Details

When the search results appear, look for the broker’s name in the list.

Click on the broker’s name to view their license details, including:

Search results for eToro in regulated broker database

Step 5: Cross-Check Broker Information

Compare the details on CySEC’s website with the information on the broker’s website.

In our experience, legit brokers almost always prominently display their CySEC license number in their footer or ‘About Us’ section.

You can see below where I went to eToro’s website, found its regulation section, and then browsed this specific regulation page.

eToro website footer showing CySEC details

eToro states CySEC authorizes it under licence number 109/10, and this information should match what’s in the CySEC register.

As we can clearly see from the image in step 4, eToro (Europe) Ltd. is regulated by CySEC under license number 109/10, and further investigation reveals it has a clean bill of health.

It is licensed to conduct many forms of investment business throughout Europe and Cyprus.

💡
Watch our video below to see how you can perform this check yourself in 30 seconds.

Red Flags To Watch For

  • No Matching Results: If the broker isn’t listed on CySEC’s website, they are not regulated by CySEC, even if they claim otherwise.
  • Suspended or Revoked Status: Avoid brokers with inactive licenses.

What Is The CySEC?

CySEC, short for the Cyprus Securities and Exchange Commission, exists to keep the financial markets in Cyprus running smoothly and safely.

But its influence doesn’t just stop at Cyprus – thanks to its role in regulating brokers and financial firms that operate internationally, it extends across Europe and even globally.

Here’s what CySEC is all about:

CySEC acts as a watchdog, referee, and guide for financial firms and traders alike. It’s here to create a safe trading environment where everyone has a fair shot.
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Paul Holmes
Author

Who Is CySEC Answerable To?

While CySEC plays a significant role in regulating financial markets, it doesn’t operate in a vacuum.

It’s answerable to key entities that ensure its accountability and alignment with broader goals:

By being answerable to these entities, CySEC is held to high-performance standards, transparency, and fairness.

For active traders like us, this means you can trust that CySEC’s actions are guided by clear oversight and a commitment to protecting the financial ecosystem.

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Paul Holmes
Author

What Powers Does CySEC Have?

CySEC has the authority to ensure that the financial markets under its watch are fair, transparent, and above board.

Here’s a breakdown of its powers:

What Rules Must A CySEC Broker Follow?

A broker must follow strict rules to carry the CySEC licence. These aren’t just suggestions but enforceable standards designed to protect traders like you and ensure fair, transparent markets.

Here are key rules a CySEC-regulated broker must adhere to:

These regulations create a safer trading environment for us to trade. They ensure brokers operate with integrity, protect our funds, and provide the transparency we need to make informed decisions.

So, when you see a broker regulated by CySEC, you know they’ve passed a high bar of trustworthiness and accountability.

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Paul Holmes
Author

Does CySEC Have Teeth?

The Cyprus Securities and Exchange Commission has regulatory “teeth”, meaning it has the authority and the tools to enforce compliance among brokers and other financial entities.

Yet while CySEC is active, we’ve seen its penalties can be lenient compared to other major regulators, notably the FCA (UK) and ASIC (Australia).

Fortunately, CySEC has been ramping up enforcement in recent years to shed perceptions of being overly forgiving. Here are some notable examples:

Bottom Line

While not as respected as FCA in the UK or ASIC in Australia, for traders in Europe, CySEC offers a reliable regulatory framework that prioritizes transparency, investor protection, and market integrity.

Its strict licensing requirements, regular audits, and ability to impose penalties ensure that brokers adhere to high operational and ethical standards.

With safeguards like segregated accounts, compensation schemes, and detailed compliance measures, day traders can feel more secure while navigating the volatile world of CFDs and forex.

Ultimately, choosing a CySEC-regulated broker ensures that one of Europe’s leading regulatory authorities governs your trading activities, offering peace of mind and fostering trust in the financial system.

To find the right provider for your needs, see DayTrading.com’s pick of the best CySEC trading platforms.

Article Sources

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