In this guide, we go over the best international online brokers in Cyprus. We analyzed and researched hundreds of brokers, based on a variety of different factors. We compared every aspect of their services, focusing on security, fees & commissions, trading platform, regulation, offering of investments, trading tools, deposits & withdrawals, and more. Brokers had to meet a threshold to be considered in the following list.
Top Online Brokers in Cyprus
- eToro comes in first as the best broker in Cyprus. Zero Commission Stocks. Best in Class for Copy Trading.
- Interactive Brokers comes in second. Founded in 1978. Best Market Access.
- XTB is in third. Best CFD Broker in Cyprus.
- Capital.com comes in fourth. Commission Free Real Stocks. Educational Content and Research.
- Plus500 finishes the list. CFD Brokerage. Wide range of CFD products.
Best Online Trading Platforms in Cyprus
| Trading Platform | Our Score | Information | Minimum Deposit | |
|---|---|---|---|---|
| #1 | eToro | 4.9 | Best For Copy Trading. Zero Commission Stocks. | $100 |
| #2 | Interactive Brokers | 4.9 | International Broker With Wide Market Access. | $0 |
| #3 | XTB | 4.8 | Great CFD Broker. | $250 |
| #4 | Capital.com | 4.8 | Wide Range Of Products. Zero Commission Real Stocks. | $20 |
| #5 | Plus500 | 4.7 | 2000+ CFDs. Low Fees. | $100 |
Read below, where we breakdown the top Stock Brokers in Cyprus, starting with our best-rated eToro.
1. eToro – Best Overall in Cyprus
4.9/5
77% of retail investor accounts lose money when trading CFDs with this provider.
eToro is a worldwide zero-commission stockbroker with a user-friendly website and a superb mobile trading app that allows copy traders worldwide (including Cyprus) to invest in stocks easily, currency pairs, ETFs, and CFDs.
Furthermore, eToro has a wider variety of cryptocurrencies than the industry average, making it a perfect pick for cryptocurrency investors who want to mimic the trades of experienced crypto traders.
eToro is regulated by top-tier authorities, which makes it a safe and reliable broker.
2. Interactive Brokers – Best Market Access
Interactive Brokers, founded in 1978 and listed on the NASDAQ, is one of the most trustworthy brokerage firms you can invest your money in Cyprus. IBKR is unique because it has access to 135 markets in 33 countries, ensuring that the vast majority of international clients are satisfied. IBKR is great for traders who want to trade a wide range of assets at low rates while also taking advantage of comprehensive research tools. These amazing services are accessible without the need to pay any unnecessary inactivity fees, not to mention that it's also a secure and well-regulated broker!
IBKR is ideal for traders who want to trade a wide range of assets at low rates while also using comprehensive research tools. You can take advantage of all of their services without having to pay the inactivity fees.
IBKR holds licenses from top-tier regulatory authorities, ensuring they operate in accordance to the legislation.
We highly recommend IBKR for traders who want to trade a huge range of assets at low rates while also taking advantage of a variety of advanced research tools. Interactive Brokers offers Stocks, ETFs, Options, Futures, FOPs, Forex, Cryptocurrencies, Spot Gold, Bonds, Mutual Funds, and Hedge Funds.
They just released Global Trader, which is their brand new intuitive and easy to use platform.
3. XTB – Great CFD Broker
XTB is an established CFD broker offering access to over 2100 global markets. XTB is a broker founded in 2002 with offices in London and Warsaw. Their platform and mobile app are easy-to-use and their education is top-notch. They have over 450,000 customers worldwide, and offer fast and qualified customer support.
XTB may be the broker you’re looking for if you want a simple yet efficient trading experience with low forex CFD fees and quick deposits and withdrawals. You won't even have to worry about security with XTB because it's already been approved by several industry-leading regulatory bodies, including the Financial Conduct Authority (FCA). Users can also access XTB's financial records.
4. Capital.com – Best for Educational Content
Capital.com is a great CFD broker, founded
in 2016. It is well regulated and offers a wide range of
markets. The company is regulated by FCA, FSA,
CySEC, ASIC and NBRB.
They offer low
spreads, great order execution, a great educational app and
research. Capital.com operates with high security standards.
Their platform is easy to use with great tools. Capital.com
offers Commodities, Indices, Cryptocurrencies, Shares,
Forex, and ETFs.
Capital.com surpasses other online
brokers with its extensive instructional resources, thorough
research, and well-designed online trading platform.
Capital.com is an excellent pick for novices because it
offers educational resources, such as articles, videos, and
a comprehensive training program. The company also offers
excellent research services, such as economic data analysis
and technical analysis.
5. Plus500 – 2000+ CFDs Available
4.7/5
86% of retail investor accounts lose money when trading CFDs with this provider.
Founded in 2008, Plus500 is a well-known global CFD
Broker publicly traded on the London Stock
Exchange. It provides its clients with a user-friendly
trading platform and access to share trading and a wide
range of CFDs.
Plus500 has over 2,000 tradable CFD
products. It also tends to offer spreads that fall within
the industry average.
Plus500's platform may appeal to
traders looking for a user-friendly experience. Active
traders will be disappointed by the lack of education and
restricted market research options.
Compare Trading Platforms In Cyprus
Here is a comparison of platforms based on regulation, foundation date, regulation, minimum deposits, withdrawals and deposits, demo accounts, and more.
Check out how trading platforms stack up to each other:
| Trading Platform | eToro | Interactive Brokers | XTB | Capital.com | Plus500 |
|---|---|---|---|---|---|
| Founded | 2007 | 1978 | 2002 | 2016 | 2008 |
| Regulation | FCA, CySEC, ASIC, FSAS | SEC, CFTC, FCA, NFA | FCA, CySEC, Fincancial Services Commission in Belize | FCA, CySec, ASIC, MiFID | FCA, CySec, MAS, ASIC, FSCA, FMA, FSA |
| Offering Of Investments | Stocks, ETFs, Forex, Crypto, Indices, Commodities | Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds | Forex, Indices, Commodities, Stock CFDs, ETF CFDs, Crypto | Shares, Forex, Commodities, Indices, Crypto | CFDs on: Shares, Forex, Commodities, Indices, Crypto, Options, ETFs |
| Minimum Deposit | $50 - $100 | $0 | $0 | $20 | $100 |
| Demo Account | Yes | Yes | Yes | Yes | Yes |
| Withdrawal Fee | $5 | 1 Free Withdrawal per Month | 20 USD for withdrawals under 100 USD | $0 | $0 |
| Inactivity Fee | $10/month | No | $10 monthly after 12 months | No | Yes |
| Deposit Methods | PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly, POLi | Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution | Bank Transfers, Credit and Debit Cards, Skrill | Credit Cards, Bank Transfer, Wire Transfer, Sofort, IDeal, MultiBanko, Trustly, WebMoney, Qiwi, Skrill, and Neteller | PayPal, Skrill, Credit Card, Debit Card, Bank Transfer |
Trading Fees Compared
| Trading Fee | eToro | Interactive Brokers | XTB | Capital.com | Plus500 |
|---|---|---|---|---|---|
| EURUSD | Varied Spread | Spreads | 0.1 - 0.5 | Spread: 0.00006 | Varied Spread: 0.01% |
| GBPUSD | Varied Spread | Spreads | 0.1 - 0.5 | Spread: 0.00013 | Varied Spread: 0.02% |
| Bitcoin | 1% | 0.12% - 0.18% of trade value | 3.5 USD | Spread: 90 | Varied Spread: 0.30% |
| Apple Fees | $0 | $0 commissions | 0.30% | $0 | Varied Spread: 0.74% |
| Tesla Fees | $0 | $0 commissions | 0.30% | $0 | Varied Spread: 0.75% |
| Amazon Fees | $0 | $0 commissions | 0.30% | $0 | Varied Spread: 0.75% |
| S&P 500 Fees | Varied Spread | N/A | N/A | Spread: 0.8 | Varied Spread: 0.02% |
| Options Fee | N/A | N/A | N/A | N/A | Varied Spread |
| Mutal Fund Fees | N/A | N/A | N/A | N/A | N/A |
| ETF Fee | $0 | $0 commissions | 0.30% | N/A | Varied Spread |
How to pick an online trading platform?
When picking a trading platform in Cyprus, you should consider the following factors:
- Overall great service
- Regulation
- Safety
- Fees & Commissions
- Range of Products
- Account Opening Process
- Deposits & Withdrawals
Online Trading and Regulation in Cyprus
Online trading in Cyprus is gaining more and more attention from the ambitious residents of the country. For the trading process to be both safe and successful, it needs to be overseen by the country's financial regulator(s). On the one hand, The Central Bank of Cyprus Cyprus is the central banking authority in Cyprus.
To learn more about the ICCS, you can visit its official website: https://www.centralbank.cy/, or its webpage on Wikipedia.
On the other hand, The Cyprus Securities and Exchange Commission (CYSEC) is the financial regulatory authority in Cyprus responsible for regulating the securities industry in the country.
To learn more about the CYSEC, you can visit its official website: https://www.cysec.gov.cy/el-GR/home/, or its
webpage on Wikipedia, or Twitter.
Final Verdict
We hope you found all the details you needed in our guide. We took into account every possible detail of all renowned brokers, such as fees, payment methods, regulatory bodies, commission charges, to provide you with the best options. Just to recap, here are the best online brokers in Cyprus:
| eToro | Interactive Brokers | XTB | Capital.com | Plus500 | |
|---|---|---|---|---|---|
| Our Score | 4.9 | 4.9 | 4.8 | 4.8 | 4.7 |
| Fees Score | 4.9 | 5.0 | 4.8 | 4.8 | 4.7 |
| Mobile App Score | 4.9 | 4.9 | 4.8 | 4.8 | 4.7 |
| Trading Platform Score | 4.8 | 4.8 | 4.8 | 4.8 | 4.6 |
| Offering Of Investments Score | 4.9 | 5.0 | 4.6 | 4.8 | 4.7 |
| Regulation Score | 4.9 | 5.0 | 4.7 | 4.7 | 4.7 |
