CFD Forex Brokers in Cyprus

In Europe, Cyprus is one of the most popular jurisdictions where CFD & forex brokers set up their headquarters. The island has a long tradition of attracting financial services companies with its advantageous tax policies and regulations well-suited for CFD & forex brokers. The national regulator in Cyprus is the Cyprus Securities and Exchange Commission, better known as CySEC.

Despite being one of the most popular countries in Europe for brokers, Cyprus-based CFD brokers are still subject to the same common European regulations as all other EU countries through the European Securities and Markets Authority (ESMA). This means that even here, the amount of leverage non-professional traders can enjoy is severely restricted. CFD traders looking for more leverage should therefore instead sign up with a broker from outside of Europe.